FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Fair Value

The following table presents financial instruments measured at fair value on a recurring basis within the fair value hierarchy for level 1 and 2 financial instruments:

		March 31, 2025				December 31, 2024
	Level	Carrying amount		Fair value		Carrying amount		Fair value
Warrant liability	1	$	3,877	$	3,877	$	3,875	$	3,875
Warrant liability	2	2,715		2,715		748		748
Share based payments	2	$	1,433	$	1,433	$	790	$	790

Schedule of Fair value Measurements using Significant Unobservable Inputs

The following tables present the changes in level 3 items:

	Convertible Loans
	Orion conversion and change of control rights		Sprott conversion and change of control rights		Silver Purchase Agreement - silver price derivative		Gold Prepay - gold price derivative
Balance as at January 1, 2024	$	(9,028)	$	(1,459)	$	1,898	$	(1,676)
Fair value adjustments	8,692		1,426		(9,897)		(7,989)
Balance as at December 31, 2024	$	(336)	$	(33)	$	(7,999)	$	(9,665)
Fair value adjustments	(1,424)		(13)		(7,475)		(8,263)
Balance as at March 31, 2025	$	(1,760)	$	(46)	$	(15,474)	$	(17,928)

The Company's derivative instruments are described in the level 1, 2 and 3 tables in this note.

Schedule of Fair value Measurements using Significant Unobservable Inputs

The following tables present the changes in level 3 items:

	Convertible Loans
	Orion conversion and change of control rights		Sprott conversion and change of control rights		Silver Purchase Agreement - silver price derivative		Gold Prepay - gold price derivative
Balance as at January 1, 2024	$	(9,028)	$	(1,459)	$	1,898	$	(1,676)
Fair value adjustments	8,692		1,426		(9,897)		(7,989)
Balance as at December 31, 2024	$	(336)	$	(33)	$	(7,999)	$	(9,665)
Fair value adjustments	(1,424)		(13)		(7,475)		(8,263)
Balance as at March 31, 2025	$	(1,760)	$	(46)	$	(15,474)	$	(17,928)

The Company's derivative instruments are described in the level 1, 2 and 3 tables in this note.