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Condensed Interim Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2024
Sep. 30, 2024
Current assets    
Cash $ 690,798 $ 1,513,591
Trade and other receivables (net of allowance: December 31, 2024 - $nil; September 30, 2024 - $nil) 62,263 44,932
Prepaid expenses and deposits 115,155 146,452
Total current assets 868,216 1,704,975
Non-current assets    
Reclamation deposits 75,000 75,000
Property and equipment, net of accumulated depletion and depreciation 10,471,137 10,281,248
Total assets 11,414,353 12,061,223
Current liabilities    
Trade and other payables 3,839,324 3,786,909
Loans payable 160,936 160,936
Convertible debentures 2,802,226 1,365,000
Debt subscription proceeds 2,250,000
Total current liabilities 6,802,486 7,562,845
Non-current liabilities    
Asset retirement obligations 407,948 392,977
Total liabilities 7,210,434 7,955,822
Stockholders’ Equity    
Common stock, no par value per share; unlimited shares authorized, 551,503 shares issued and outstanding as of December 31, 2024 and September 30, 2024. 14,947,150 14,947,150
Additional paid-in capital 7,402,555 5,475,316
Accumulated other comprehensive loss (127,413) (127,413)
Accumulated deficit (18,018,373) (16,189,652)
Total stockholders’ equity 4,203,919 4,105,401
Total liabilities and stockholders’ equity $ 11,414,353 $ 12,061,223