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ROYALTY, STREAM, AND OTHER INTERESTS (Tables)
12 Months Ended
May 31, 2020
Disclosure Of Royalty Interests And Deferred Acquisition Costs [Line Items]  
Schedule of detailed information about royalty interests and deferred acquisition costs
  Producing  Development  Exploration    
Royalty and stream on: assets  assets  assets  Total 
As at May 31, 2018$5,813,465 $10,156,817 $1,060,681 $17,030,963 
Alamos acquisition   9,784,221  176,000  9,960,221 
ValGold acquisition   8,067,299  150,001  8,217,300 
Santa Gertrudis acquisiton   15,108,224    15,108,224 
Cap-Oeste Sur East (COSE) acquisition   2,093,218    2,093,218 
Fifteen Mile Stream (FMS) acquisition   5,691,629    5,691,629 
Other additions   351,818  107,998  459,816 
Depletion (2,415,942)     (2,415,942)
Recoveries   (105,273)    (105,273)
Currency translation adjustments 220,227      220,227 
As at May 31, 2019 3,617,750  51,147,953  1,494,680  56,260,383 
Alamos royalty portfolio acquisition   67,455  18,888  86,343 
Fifteen Mile Stream (FMS) acquisition   530,067    530,067 
NuevaUnión acquisition   1,381,733    1,381,733 
Idaho Resources Corp. acquisition     5,761,852  5,761,852 
Other additions   88,702  27,972  116,674 
Depletion (911,427)     (911,427)
Recoveries     (150,000) (150,000)
Reclassification (Joaquin and COSE) 8,399,942  (8,399,942)    
Currency translation adjustments (399,420)   (105,625) (505,045)
As at May 31, 2020$10,706,845 $44,815,968 $7,047,767 $62,570,580 
             
Historical costs$17,724,052 $44,815,968 $7,047,767 $69,587,787 
Accumulated depletion$(7,017,207)$ $ $(7,017,207)

 

*Note: For transactions prior to the reporting period, please refer to the Company's past audited financial statements on SEDAR at www.sedar.com.

IRC acquisition  
Disclosure Of Royalty Interests And Deferred Acquisition Costs [Line Items]  
Schedule of detailed information about purchase price allocation for acquisition
Considerations paid:   
Cash paid$2,800,800 
Common shares issued 2,749,831 
Acquisition costs 236,025 
  5,786,656 
Net asset acquired   
Cash$804 
Marketable securities 24,000 
IRC NSR interests 5,761,852 
 $5,786,656 
ValGold acquisitions  
Disclosure Of Royalty Interests And Deferred Acquisition Costs [Line Items]  
Schedule of detailed information about purchase price allocation for acquisition
Considerations paid:    
Common shares issued$ 7,631,342 
Reserve for ValGold share purchase warrants 801,345 
Acquisition costs 167,157 
  8,599,844 
Net asset acquired:    
Cash$ 588,533 
Trade receivables and other 39,673 
ValGold royalty interests 8,217,300 
Trade and other payables (245,662)
 $ 8,599,844