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Mining Properties	3 Months Ended
Sep. 30, 2023
Mining Properties
Mining Properties	7. Mining Properties During the three months ended September 30, 2022, the Company exercised its option to purchase unpatented mining claims in Tonopah, Nevada, USA for total costs of $8.2 million. Drill programs have subsequently been conducted by the Company in order to verify the grade and continuity of the mining claims, with the goal of upgrading the inferred mineral resource. The Company expenses all mineral exploration costs as it is still in the exploration stage. If the Company identifies proven and probable reserves and develops an economic plan for operating a mine, it will enter the development stage and capitalize future costs until production is established.

Mining Properties

3 Months Ended

Sep. 30, 2023

7. Mining Properties

During the three months ended September 30, 2022, the Company exercised its option to purchase unpatented mining claims in Tonopah, Nevada, USA for total costs of $8.2 million. Drill programs have subsequently been conducted by the Company in order to verify the grade and continuity of the mining claims, with the goal of upgrading the inferred mineral resource. The Company expenses all mineral exploration costs as it is still in the exploration stage. If the Company identifies proven and probable reserves and develops an economic plan for operating a mine, it will enter the development stage and capitalize future costs until production is established.