EPS: As of FY2024 Q2, the actual value is USD 0.

Segment Revenue

• Exploration, Evaluation, and Project Expenses: For the three months ended June 30, 2024, expenses were $21,986, a significant decrease from $187,429 in the same period in 2023. For the six months ended June 30, 2024, expenses were $62,400, down from $204,197 in 2023.

Operational Metrics

• Net Operating Loss: For the three months ended June 30, 2024, the net operating loss was - $97,799, compared to - $308,422 in the same period in 2023. For the six months ended June 30, 2024, the net operating loss was - $267,040, compared to - $465,654 in 2023.
• Net Loss: For the three months ended June 30, 2024, the net loss was - $176,191, compared to - $277,755 in the same period in 2023. For the six months ended June 30, 2024, the net loss was - $516,954, compared to - $38,294 in 2023.

Cash Flow

• Net Cash Used in Operating Activities: For the six months ended June 30, 2024, net cash used in operating activities was - $190,174, compared to - $388,127 in the same period in 2023.
• Net Cash Provided by Financing Activities: For the six months ended June 30, 2024, net cash provided by financing activities was $202,719, compared to $690,020 in the same period in 2023.

Unique Metrics

• Revaluation of Warrant Liability: For the six months ended June 30, 2024, the revaluation of warrant liability resulted in a loss of - $191,712, compared to a gain of $427,360 in the same period in 2023.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue exploration programs to ascertain economic concentrations of precious and base metals on its properties. The company expects to operate at a loss for the foreseeable future and anticipates the need for additional financing to continue operations beyond the next 12 months.
• Non-Core Business: The company completed a private placement in January 2024, raising net proceeds of $148,341, which will be used to fund exploration and administrative costs.