5.

PROPERTY, PLANT, AND EQUIPMENT

​

​

​

​

​

​

​

​

Heavy

​

Computers

​

​

​

​

​

​

​

​

Camp and Site 

​

 Machinery 

​

and Office 

​

​

​

  ​ ​ ​

Land

  ​ ​ ​

Mill 

  ​ ​ ​

Infrastructure

  ​ ​ ​

and Equipment

  ​ ​ ​

Equipment 

  ​ ​ ​

TOTAL

​

​

$

​

$

​

$

​

$

​

$

​

$

Cost

​

​

  ​

​

  ​

​

  ​

​

  ​

​

  ​

​

Balance at December 31, 2023

​

4,180,000

​

1,841,372

​

157,585

​

547,619

​

46,250

​

6,772,826

Additions

​

—

​

194,505

​

—

​

258,483

​

—

​

452,988

Balance at December 31, 2024

​

4,180,000

​

2,035,877

​

157,585

​

806,102

​

46,250

​

7,225,814

Additions

​

—

​

—

​

142,013

​

174,986

​

4,508

​

321,507

Balance at December 31, 2025

​

4,180,000

​

2,035,877

​

299,598

​

981,088

​

50,758

​

7,547,321

​

​

​

​

​

​

​

​

​

​

​

​

​

Accumulated Depreciation

​

  ​

​

  ​

​

  ​

​

  ​

​

  ​

​

  ​

Balance at December 31, 2023

​

—

​

707,953

​

108,281

​

425,880

​

41,931

​

1,284,045

Depreciation for the year

​

—

​

104,454

​

26,739

​

72,478

​

3,686

​

207,357

Balance at December 31, 2024

​

—

​

812,407

​

135,020

​

498,358

​

45,617

​

1,491,402

Depreciation for the year

​

—

​

101,794

​

48,617

​

146,933

​

3,484

​

300,828

Balance at December 31, 2025

​

—

​

914,201

​

183,637

​

645,291

​

49,101

​

1,792,230

​

​

​

​

​

​

​

​

​

​

​

​

​

Carrying Amounts

​

  ​

​

  ​

​

  ​

​

  ​

​

  ​

​

  ​

At December 31, 2024

​

4,180,000

​

1,223,470

​

22,565

​

307,744

​

633

​

5,734,412

At December 31, 2025

​

4,180,000

​

1,121,676

​

115,961

​

335,797

​

1,657

​

5,755,091