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Condensed Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (1,828,721) $ (751,881)  
Adjustments to reconcile net loss to net cash from operating activities:      
Accretion on asset retirement obligations 14,971 9,198  
Depletion and depreciation 55,719 21,978  
Foreign exchange (gain) loss (22,105) 3,676  
Gain on settlement of trade payables (197,207)  
Amortization of debt discount 212,490  
Loss on debt extinguishment 105,349  
Stock-based compensation 135,237  
Changes in operating assets and liabilities:      
Trade and other receivables (17,331) 28,981  
Prepaid expenses and deposits 31,297 18,986  
Trade and other payables 273,947 512,020  
Right of use asset and lease liability 1,306  
Net cash used in operating activities (1,236,354) (155,736)  
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures on property (188,040)  
Reclamation deposit redemption 70,000  
Net cash (used in) provided by investing activities (188,040) 70,000  
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from debenture financing 601,601  
Loan payable proceeds 45,000  
Loan repayment (10,000)  
Net cash provided by financing activities 601,601 35,000  
Change in cash during the period (822,793) (50,736)  
Cash, beginning of the period 1,513,591 82,736 $ 82,736
Cash, end of the period 690,798 32,000 $ 1,513,591
Supplemental cash flow disclosures:      
Interest paid 1,246 1,026  
Taxes paid  
Supplemental disclosures of non-cash investing and financing activities:      
Trade and other payables related to property and equipment 57,568  
Accrued debt interest settled through debt issuance 59,788  
Debt subscription proceeds transferred to convertible debentures 2,250,000  
Share purchase warrants issued in connection with debt issuance $ 1,792,002