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Commitments and Contingencies
12 Months Ended
Oct. 31, 2023
Commitments and Contingencies [Abstract]  
COMMITMENTS AND CONTINGENCIES
15.COMMITMENTS AND CONTINGENCIES

 

Contractual obligated per calendar year requirements as at October 31, 2023 are as follows:

 

  

< 1 year

  

1-2 years

$

  

2-3

years

$

  

3-4

years

$

  

4-5

years

$

  

Thereafter

$

  

Total

$

 
Lease commitments (Note 11)   98,000    100,000    33,000    
—  
    
—  
    
—  
    231,000 
Beskauga Option agreement commitments (Note 6)   90,000    5,000,000    
—  
    
—  
    
—  
    
—  
    5,090,000 
Exploration licenses expenditure commitments   534,000    1,862,000    2,276,000    2,300,000    1,641,000    516,000    9,129,000 
    722,000    6,962,000    2,309,000    2,300,000    1,641,000    516,000    14,450,000 

 

The Company’s commitments include contractually obligated payments associated to its office lease (Note 11), the exploration expenditure requirements under the Beskauga Option Agreement (detailed in Note 6), and minimum expenditure requirements to maintain its exploration licenses as mandated by Kazakh government authorities to keep the tenements in good standing.