CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS - USD ($) $ in Thousands		Mar. 31, 2025	Dec. 31, 2024
ASSETS
Cash (Note 2)		$ 446,620	$ 593,885
Receivables		620	557
Prepaids and deposits		2,080	7,733
Total current assets		449,320	602,175
Investments measured at fair value (Note 3)		2,196	4,152
Restricted cash		288	288
Mineral properties, plant and equipment, net (Note 4)		475,778	398,948
Deferred financing costs		11,529	11,529
Other assets (Note 5)		79,387	27,852
Total assets	[1]	1,018,498	1,044,944
LIABILITIES
Accounts payable		3,050	700
Accrued liabilities (Note 6)		34,629	51,764
Current portion of lease liabilities (Note 7)		5,739	5,816
Total current liabilities		43,418	58,280
Royalty and production payment arrangements		20,825	20,715
Lease liabilities (Note 7)		15,455	16,821
Reclamation liabilities		288	288
Other liabilities		3,500	3,500
Total liabilities	[1]	83,486	99,604
Commitments (Note 14)
Non-controlling interest (Note 8)		309,512	310,336
STOCKHOLDERS' EQUITY
Common stock, no par value, unlimited authorized; 218,686 and 214,465 shares issued and outstanding, respectively		657,324	655,068
Additional paid-in capital		34,560	35,618
Accumulated deficit		(66,384)	(55,682)
Total stockholders' equity		625,500	635,004
Total liabilities, non-controlling interest and stockholders' equity		$ 1,018,498	$ 1,044,944

[1] The Company is the primary beneficiary in a variable interest entity (“VIE”). See Note 8 for further information related to the Company’s VIE. The consolidated assets as of March 31, 2025 and December 31, 2024, include $892,116 and $888,486, respectively, of assets for the VIE that can only be used to settle the obligations of the VIE. As of March 31, 2025 and December 31, 2024, the assets include, respectively: Cash of $332,730 and $452,293; Receivables of $11 and $16; Prepaids and deposits of $881 and $6,091; Mineral properties, plant and equipment of $479,368 and $402,540; and, Other assets, non-current of $79,126 and $27,546. The consolidated liabilities as of March 31, 2025 and December 31, 2024, of $77,611 and $71,813, respectively, include $54,641 and $50,865 of liabilities of the VIE whose creditors have no recourse to the Company. As of March 31, 2025 and December 31, 2024, the liabilities include, respectively: Accounts Payable of $2,975 and $684; Accrued liabilities of $26,963 and $24,083; Lease liabilities, current of $5,561 and $5,632; Lease liabilities, non-current of $15,354 and $16,678; Reclamation liabilities of $288 and $288; and, Other liabilities, non-current of $3,500 and $3,500.