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Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Sep. 30, 2022
Current assets    
Cash and cash equivalents $ 82,736 $ 3,300,495
Trade and other receivables (net of allowance: 2023 - $nil; 2022 - $nil) 78,441 137,214
Prepaid expenses and deposits 127,239 317,277
Total current assets 288,416 3,754,986
Non-current assets    
Reclamation deposits 145,000 145,000
Property and equipment, net of accumulated depreciation and depletion 10,361,419 8,426,776
Right of use asset, net 146,912 240,796
Total assets 10,941,747 12,567,558
Current liabilities    
Trade and other payables 3,228,327 1,561,344
Loan payable 125,936
Convertible debenture – related party 38,291
Lease liability – current portion 77,069 104,224
Total current liabilities 3,431,332 1,703,859
Non-current liabilities    
Asset retirement obligations 260,167 236,412
Lease liability, less current portion 81,456 140,682
Warrant liability 23,500
Total liabilities 3,772,955 2,104,453
Stockholders’ Equity    
Common stock, no par value per share; unlimited shares authorized, 551,503 and 483,150 shares* issued and outstanding as of September 30, 2023 and 2022, respectively. 14,947,150 14,337,739
Additional paid-in capital 4,549,431 4,513,194
Accumulated other comprehensive loss (127,413) (127,413)
Accumulated deficit (12,200,376) (8,260,415)
Total stockholders’ equity 7,168,792 10,463,105
Total liabilities and stockholders’ equity $ 10,941,747 $ 12,567,558