Investment in Ambler Metals LLC (Tables)

3 Months Ended

Feb. 28, 2025

Investment in Ambler Metals LLC

Schedule of equity investment

	in thousands of dollars
		$
November 30, 2024, Investment in Ambler Metals		107,497
Share of loss on equity investment for the three month period ending February 28, 2025		(581)
February 28, 2025, Investment in Ambler Metals		106,916

Schedule of Ambler Metals LLC's Balance Sheet

	in thousands of dollars
	February 28, 2025	November 30, 2024
	$	$
Total assets	38,688	39,961
Cash and cash equivalents	6,504	7,472
Mineral properties	30,899	30,899
Total liabilities	(651)	(761)
Accounts payable and accrued liabilities	(494)	(559)
Members' equity (total assets less total liabilities)	38,037	39,200

Schedule of Ambler Metals LLC's net loss

			in thousands of dollars
	For the three months ended
		February 28, 2025	February 29, 2024
		$	$
Depreciation		32	38
Corporate salaries and wages		35	234
General and administrative		99	127
Mineral property expense		747	1,094
Professional fees		312	177
Foreign exchange (gain)/loss		—	2
Interest and other income		(63)	(87)
Comprehensive loss		1,162	1,585