EQUITY INVESTMENT	6 Months Ended
Jun. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]
EQUITY INVESTMENT	NOTE 7 – EQUITY INVESTMENT As at June 30, 2022, the Company’s equity investments consist of 3,070,500 common shares of Walker River Resources Corp. (“WRR”) (2021 - 8,197,000 shares and warrants to acquire an additional 1,900,000 WRR common shares). During the six-month period ended June 30, 2022, the Company exercised its WRR Warrants, which were expiring on July 18, 2022, and acquired an additional 1,900,000 common shares in the capital of WRR (the “WRR Shares”) without further consideration. At June 30, 2022, the fair market value of the equity investment was calculated to be $119,140 (2021 - $318,418) based on the market price of WRR Shares at June 30, 2022 and December 31, 2021, respectively. During the three-month period ended June 30, 2022, the Company sold 3,000,000 WRR Shares (2021 – 21,000 WRR Shares) for net proceeds of $219,763 (2021 - $2,152). The Company recorded a net realized loss of $56,325 (2021 - $315 gain) on the sale of WRR Shares. The revaluation of the equity investment in WRR resulted in $163,284 loss for the three-month period ended June 30, 2022 (2021 - $312,971). The gain resulted from the decrease of the market price of WRR common shares from CAD$0.115 per share at March 31, 2022, to CAD$0.05 per share at June 30, 2022. In comparison, during the three-month period ended June 30, 2021, the market price of WRR Shares decreased from CAD$0.11 per share at March 31, 2021, to CAD$0.07 per share at June 30, 2021. During the six-month period ended June 30, 2022, the Company sold 7,026,500 WRR Shares (2021 – 21,000 WRR Shares) for net proceeds of $614,658 (2021 - $2,152). The Company recorded a net realized gain of $211,530 on the sale of WRR Shares (2021 - $315). The revaluation of the equity investment in WRR Shares resulted in a $203,850 gain for the six-month period ended June 30, 2022. The gain resulted from the increase of the market price of WRR Shares from CAD$0.04 per share at December 31, 2021, to CAD$0.05 per share at June 30, 2022. In comparison, during the six-month period ended June 30, 2021, the market price of WRR Shares decreased from CAD$0.10 per share at December 31, 2020, to CAD$0.07 per share at June 30, 2021, resulting in a loss of $222,589. Subsequent to June 30, 2022, WRR effected a 6-for-1 share consolidation, which reduced the Company’s WRR share position to 511,750 WRR Shares on a post-consolidated level.

EQUITY INVESTMENT

6 Months Ended

Jun. 30, 2022

Equity Method Investments and Joint Ventures [Abstract]

NOTE 7 – EQUITY INVESTMENT

As at June 30, 2022, the Company’s equity investments consist of 3,070,500 common shares of Walker River Resources Corp. (“WRR”) (2021 - 8,197,000 shares and warrants to acquire an additional 1,900,000 WRR common shares).

During the six-month period ended June 30, 2022, the Company exercised its WRR Warrants, which were expiring on July 18, 2022, and acquired an additional 1,900,000 common shares in the capital of WRR (the “WRR Shares”) without further consideration.

At June 30, 2022, the fair market value of the equity investment was calculated to be $119,140 (2021 - $318,418) based on the market price of WRR Shares at June 30, 2022 and December 31, 2021, respectively.

During the three-month period ended June 30, 2022, the Company sold 3,000,000 WRR Shares (2021 – 21,000 WRR Shares) for net proceeds of $219,763 (2021 - $2,152). The Company recorded a net realized loss of $56,325 (2021 - $315 gain) on the sale of WRR Shares.

The revaluation of the equity investment in WRR resulted in $163,284 loss for the three-month period ended June 30, 2022 (2021 - $312,971). The gain resulted from the decrease of the market price of WRR common shares from CAD$0.115 per share at March 31, 2022, to CAD$0.05 per share at June 30, 2022. In comparison, during the three-month period ended June 30, 2021, the market price of WRR Shares decreased from CAD$0.11 per share at March 31, 2021, to CAD$0.07 per share at June 30, 2021.

During the six-month period ended June 30, 2022, the Company sold 7,026,500 WRR Shares (2021 – 21,000 WRR Shares) for net proceeds of $614,658 (2021 - $2,152). The Company recorded a net realized gain of $211,530 on the sale of WRR Shares (2021 - $315).

The revaluation of the equity investment in WRR Shares resulted in a $203,850 gain for the six-month period ended June 30, 2022. The gain resulted from the increase of the market price of WRR Shares from CAD$0.04 per share at December 31, 2021, to CAD$0.05 per share at June 30, 2022. In comparison, during the six-month period ended June 30, 2021, the market price of WRR Shares decreased from CAD$0.10 per share at December 31, 2020, to CAD$0.07 per share at June 30, 2021, resulting in a loss of $222,589.

Subsequent to June 30, 2022, WRR effected a 6-for-1 share consolidation, which reduced the Company’s WRR share position to 511,750 WRR Shares on a post-consolidated level.