Investment in Ambler Metals LLC (Tables)

12 Months Ended

Nov. 30, 2023

Investment in Ambler Metals LLC

Schedule of equity investment

	in thousands of dollars
	$
November 30, 2021, Investment in Ambler Metals	160,063
Joint venture equity contribution	51
Share of loss on equity investment for the year ending November 30, 2022	(17,360)
November 30, 2022, Investment in Ambler Metals	142,754
Joint venture equity contribution	111
Share of loss on equity investment for the year ending November 30, 2023	(7,844)
November 30, 2023, Investment in Ambler Metals	135,021

Schedule of Ambler Metals LLC's Balance Sheet

	in thousands of dollars
	November 30, 2023	November 30, 2022
	$	$
Total assets	97,180	114,049
Cash	63,829	80,755
Mineral properties	30,899	30,899
Total liabilities	(2,931)	(4,335)
Accounts payable and accrued liabilities	(2,500)	(3,664)
Members' equity (total assets less total liabilities)	94,249	109,714

Schedule of Ambler Metals LLC's net loss

	in thousands of dollars
		Year ended
		November 30, 2023	November 30, 2022	November 30, 2021
		$	$	$
Depreciation		150	113	77
Corporate salaries and wages		2,068	1,664	2,381
General and administrative		547	738	991
Mineral property expense		12,822	32,083	22,720
Professional fees		547	792	1,047
Foreign exchange (gain)/loss		(2)	15	6
Interest and other income		(445)	(686)	(1,058)
Comprehensive loss		15,687	34,719	26,164