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Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Cash flows used in operating activities        
Net loss $ (779,268) $ (334,855) $ (342,881) $ (242,505)
Adjustment to reconcile net income to net cash used in operating activities:        
Stock-based compensation 313,417 358,191
Fair value gain on equity investments     (415,380) 222,274
Foreign exchange gain 8,211 (7,380) 967 (18,408)
Interest payments made     (42,905)
Accretion of convertible debt 174,830 301,392
Changes in operating assets and liabilities:        
Accounts payable     (12,104) (9,600)
Related party payable     (27,000)
Prepaid expenses     (21,182) (3,300)
Net cashed used in operating activities     (200,902) (51,539)
INVESTING ACTIVITIES        
Sale of equity investments     614,658 2,152
Acquisition of mineral property interests     (410,000)
Net cash generated by investing activities     204,658 2,152
FINANCING ACTIVITIES        
Cash received on subscription to shares     400
Net cash provided by financing activities     400
Effects of foreign currency exchange on cash     (967) 18,408
Net increase (decrease) in cash     3,189 (30,979)
Cash, at beginning     1,420,864 893,823
Cash, at end $ 1,424,053 $ 862,844 1,424,053 862,844
Supplemental cash flow information:        
Cash received (paid) for interest     (42,817) 631
Cash paid for income taxes    
Significant non-cash transactions:        
Fair value gain/(loss) on equity investments     $ (203,850) $ 222,589