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CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities    
Net loss $ (9,266,031) $ (2,194,295)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 60,740 30,593
Stock-based compensation expense 1,292,734 3,239,342
Deferred income tax benefit (274,513) (5,303,743)
Changes in current assets and liabilities:    
Receivable (8,585) (85,240)
Prepaid expenses and other current assets (233,776) (18,098)
Accounts payable and accrued liabilities (32,394) 1,570,513
Net cash used in operating activities (8,461,825) (2,760,928)
Investing activities    
Purchases of property and equipment (44,633) (137,611)
Purchases of mineral rights and properties (20,000) (2,470,827)
Other assets 7,389 0
Reclamation deposit paid 0 (20,000)
Cash used in investing activities (72,022) (2,628,438)
Financing activities    
Proceeds from sale of common stock on at-the market ("ATM") program 5,000,020 0
Payment of ATM issuance costs (97,500) 0
Proceeds from exercise of stock options 12,000 0
Proceeds from exercise of warrants 18,757 0
Withholding of employee tax payments on performance stock units (38,000) 0
Cash provided by financing activities 4,895,277 0
Net change in cash and cash equivalents (3,638,570) (5,389,366)
Cash and cash equivalents, beginning of period 23,911,722 46,790,482
Cash and cash equivalents, end of period 20,273,152 41,401,116
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Deferred ATM offering costs offset against additional paid-in capital $ 39,646 $ 0