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Condensed Interim Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2025
Sep. 30, 2024
Current assets    
Cash $ 2,088,429 $ 1,513,591
Trade and other receivables (net of allowance: June 30, 2025 - $nil; September 30, 2024 - $nil) 189,843 44,932
Prepaid expenses and deposits 113,999 146,452
Total current assets 2,392,271 1,704,975
Non-current assets    
Reclamation deposits 75,000 75,000
Property and equipment, net of accumulated depletion and depreciation 10,447,371 10,281,248
Total assets 12,914,642 12,061,223
Current liabilities    
Trade and other payables 4,791,847 3,786,909
Loans payable 160,936 160,936
Convertible debentures 3,594,362 1,365,000
Debt subscription proceeds 2,000,000 2,250,000
Total current liabilities 10,547,145 7,562,845
Non-current liabilities    
Asset retirement obligations 437,891 392,977
Total liabilities 10,985,036 7,955,822
Stockholders’ Equity    
Common stock, no par value per share; unlimited shares authorized, 551,503 shares issued and outstanding as of June 30, 2025 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 (20,292,686) (16,189,652)
Total stockholders’ equity 1,929,606 4,105,401
Total liabilities and stockholders’ equity $ 12,914,642 $ 12,061,223