XML 65 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Financial Position - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Jan. 01, 2020
Dec. 31, 2019
Current Assets        
Cash and cash equivalents $ 14,337,078 $ 29,061,142 $ 24,117,144 $ 24,117,144
Receivables and prepaid expenses 721,556 663,585 546,114  
Loan receivable - current portion 47,830 24,752 0  
Total Current Assets 15,106,464 29,749,479 24,663,258  
Long-Term Deposits 33,294 23,723 16,262  
Restricted Cash 18,147 18,144 1,484,941  
Loan receivable - non-current portion 119,608 115,248 0  
Property, Plant and Equipment 2,631,827 1,642,727 1,105,696 1,105,696
Right-of-Use Assets 759,711 852,642 729,374 729,374
Exploration and Evaluation Assets 56,491,140 56,809,632 47,235,079  
Total Assets 75,160,191 89,211,595 75,234,610  
Current Liabilities        
Trade and other payables 2,487,332 2,628,158 1,009,048  
Current reclamation and remediation liability 1,875,298 1,919,876 1,785,602  
Current lease liability 460,690 369,708 235,323  
Current equipment financing liability 202,577 132,351 0  
Due to related parties 693,344 641,541 392,463  
Total Current Liabilities 5,719,241 5,691,634 3,422,436  
Long-Term Lease Liability 380,035 565,163 552,080  
Long-Term Equipment Financing Liability 394,960 360,707 0  
Reclamation and Remediation Liability 39,590,952 40,767,949 32,332,167  
Total Liabilities 46,085,188 47,385,453 36,306,683  
Shareholders' Equity        
Share Capital 122,010,028 103,147,710 79,744,984  
Reserves 7,124,353 5,834,550 4,140,664  
Accumulated Other Comprehensive Income 212,831 182,446 2,131,419  
Accumulated Deficit (100,272,209) (67,338,564) (47,089,140)  
Total Equity 29,075,003 41,826,142 38,927,927 $ 38,927,927
Total Liabilities and Equity $ 75,160,191 $ 89,211,595 $ 75,234,610