Investment in Ambler Metals LLC (Tables)

3 Months Ended

Feb. 29, 2024

Investment in Ambler Metals LLC

Schedule of equity investment

	in thousands of dollars
	$
November 30, 2023, Investment in Ambler Metals	135,021
Joint venture equity contribution	112
Share of loss on equity investment for the three month period ending February 29, 2024	(793)
February 29, 2024, Investment in Ambler Metals	134,340

Schedule of Ambler Metals LLC's Balance Sheet

	in thousands of dollars
	February 29, 2024	November 30, 2023
	$	$
Total assets	94,090	97,180
Cash and cash equivalents	61,331	63,829
Mineral properties	30,899	30,899
Total liabilities	(1,204)	(2,931)
Accounts payable and accrued liabilities	(835)	(2,500)
Members' equity (total assets less total liabilities)	92,886	94,249

Schedule of Ambler Metals LLC's net loss

	in thousands of dollars
		Three months ended
		February 29, 2024	February 28, 2023
		$	$
Depreciation		38	37
Corporate salaries and wages		234	444
General and administrative		127	133
Mineral property expense		1,094	2,285
Professional fees		177	159
Foreign exchange loss		2	—
Interest and other income		(87)	(89)
Comprehensive loss		1,585	2,969