Condensed Interim Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	May 31, 2025	Nov. 30, 2024
Current assets
Cash and cash equivalents	$ 24,616	$ 25,834
Accounts receivable	20	16
Deposits and prepaid amounts	59	195
Total current assets	24,695	26,045
Investment in Ambler Metals LLC (note 3)	106,152	107,497
Right of use asset (note 5(a))	136	155
Total assets	130,983	133,697
Current liabilities
Accounts payable and accrued liabilities (note 4)	835	756
Current portion of lease liability (note 5b))	39	37
Total current liabilities	874	793
Long-term portion of lease liability (note 5(b))	93	110
Total liabilities	967	903
Shareholders' equity
Share capital (note 6) - unlimited common shares authorized, no par value issued - 164,241,410 (2024 - 161,085,313)	192,866	190,503
Contributed surplus	118	118
Contributed surplus - options (note 6(a))	29,576	28,801
Contributed surplus - units (note 6(b))	3,656	3,772
Deficit	(96,200)	(90,400)
Total shareholders' equity	130,016	132,794
Total liabilities and shareholders' equity	$ 130,983	$ 133,697