11. | Exploration and evaluation assets |
| Tuligtic | Other Property | Total | ||||||||||
| Exploration and evaluation assets | $ | $ | $ | |||||||||
| Acquisition costs: | ||||||||||||
| Opening balance - (December 31, 2016) | 4,780,570 | 1 | 4,780,571 | |||||||||
| Additions | 2,757,007 | - | 2,757,007 | |||||||||
| Closing balance - (December 31, 2017) | 7,537,577 | 1 | 7,537,578 | |||||||||
| Deferred exploration costs: | ||||||||||||
| Opening balance - (December 31, 2016) | 31,204,785 | - | 31,204,785 | |||||||||
| Costs incurred during the period | ||||||||||||
| Drilling and related costs | 1,053,771 | - | 1,053,771 | |||||||||
| Professional/technical fees | 112,191 | - | 112,191 | |||||||||
| Claim maintenance/lease costs | 160,251 | - | 160,251 | |||||||||
| Geochemical, metallurgy | 746,103 | - | 746,103 | |||||||||
| Technical studies | 1,698,055 | - | 1,698,055 | |||||||||
| Travel and accommodation | 390,927 | - | 390,927 | |||||||||
| Geology, geophysics and exploration | 795,731 | - | 795,731 | |||||||||
| Supplies and misc. | 118,015 | - | 118,015 | |||||||||
| Water exploration | 7,981 | - | 7,981 | |||||||||
| Environmental | 534,081 | - | 534,081 | |||||||||
| Value-added tax (Note 5) | 444,729 | - | 444,729 | |||||||||
| Total deferred exploration costs during the period | 6,061,835 | - | 6,061,835 | |||||||||
| Closing balance - (December 31, 2017) | 37,266,620 | - | 37,266,620 | |||||||||
| Total exploration and evaluation assets | 44,804,197 | 1 | 44,804,198 | |||||||||
| Tuligtic | Other Property | Total | ||||||||||
| Exploration and evaluation assets | $ | $ | $ | |||||||||
| Acquisition costs: | ||||||||||||
| Opening balance - (December 31, 2015) | 3,202,134 | 1 | 3,202,135 | |||||||||
| Additions | 1,578,436 | - | 1,578,436 | |||||||||
| Closing balance - (December 31, 2016) | 4,780,570 | 1 | 4,780,571 | |||||||||
| Deferred exploration costs: | ||||||||||||
| Opening balance - (December 31, 2015) | 27,335,875 | - | 27,335,875 | |||||||||
| Costs incurred during the period | ||||||||||||
| Drilling and related costs | 666,210 | - | 666,210 | |||||||||
| Professional/technical fees | 139,916 | - | 139,916 | |||||||||
| Claim maintenance/lease costs | 138,901 | - | 138,901 | |||||||||
| Geochemical, metallurgy | 611,344 | - | 611,344 | |||||||||
| Technical studies | 1,048,807 | - | 1,048,807 | |||||||||
| Travel and accommodation | 273,178 | - | 273,178 | |||||||||
| Geology, geophysics and exploration | 489,919 | - | 489,919 | |||||||||
| Supplies and misc. | 31,636 | - | 31,636 | |||||||||
| Water exploration | 97,232 | - | 97,232 | |||||||||
| Reclamation, environmental | 123,625 | - | 123,625 | |||||||||
| Value-added tax (Note 5) | 248,142 | - | 248,142 | |||||||||
| Total deferred exploration costs during the period | 3,868,910 | - | 3,868,910 | |||||||||
| Closing balance - (December 31, 2016) | 31,204,785 | - | 31,204,785 | |||||||||
| Total exploration and evaluation assets | 35,985,355 | 1 | 35,985,356 | |||||||||
| Dates | Payments (MXN) | CAD | Payment Status | |||||||
| November 28, 2016 | $ | 10,000,000 | $ | 651,200 | Paid | |||||
| November 28, 2018 | $ | 15,000,000 | $ | 976,500 | Outstanding | |||||