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Condensed Interim Consolidated Statements of Financial Position (Unaudited) - CAD ($)
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash $ 5,756,642 $ 1,990,203
Prepaid expenses 279,332 8,664
Other receivables 778,147 139,630
TOTAL CURRENT ASSETS 6,814,121 2,138,497
NON-CURRENT ASSETS    
Exploration and evaluation assets 44,333,421 3,099,926
Property, plant and equipment 897,079
TOTAL NON-CURRENT ASSETS 45,230,500 3,099,926
TOTAL ASSETS 52,044,621 5,238,423
CURRENT LIABILITIES    
Trade payables and accrued liabilities 3,773,495 580,486
TOTAL CURRENT LIABILITIES 3,773,495 580,486
NON-CURRENT LIABILITIES    
Vehicle financing 172,800
Leave and severance pay provision 114,698
Financial liability – warrant 8,974,901
TOTAL NON-CURRENT LIABILITIES 287,498 8,974,901
TOTAL LIABILITIES 4,060,993 9,555,387
SHAREHOLDERS’ EQUITY (DEFICIENCY)    
Share capital – common 124,257,621 7,952,675
Share capital – preferred 38,082
Reserve 17,028,930 1,261,891
Deficit (91,818,773) (13,482,624)
Foreign currency translation reserve (1,522,232) (48,906)
TOTAL SHAREHOLDERS’ EQUITY (DEFICIENCY) 47,983,628 (4,316,964)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIENCY) $ 52,044,621 $ 5,238,423