Fury Gold Mines Limited (FURY) 40-F 27 Mar 19 2018 FY Annual report (Canada) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Dec. 31, 2018shares
Warrants expired, exercise price (in CAD per share)
Entity Registrant Name	AURYN RESOURCES INC.
Entity Central Index Key	0001514597
Trading Symbol	aug
Current Fiscal Year End Date	--12-31
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Entity Common Stock, Shares Outstanding	86,015,208
Document Type	40-F
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Statements of Fina

Consolidated Statements of Financial Position - CAD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash (note 5)	$ 1,653	$ 2,474	$ 2,457
Marketable securities (note 6)	186	425	625
Amounts receivable	57	645	235
Prepaid expenses and deposits (note 7)	717	947	479
Current assets	2,613	4,491	3,796
Non-current assets:
Restricted cash (note 5)	115	115	115
Prepaid expenses and deposits (note 7)	198	220	0
Mineral property interests (note 8)	39,072	37,258	36,050
Equipment (note 9)	1,525	1,675	1,786
Non-current assets	40,910	39,268	37,951
Total assets	43,523	43,759	41,747
Current liabilities:
Accounts payable and accrued liabilities	836	1,053	818
Flow-through share premium liability (note 10)	317	185	0
Current liabilities	1,153	1,238	818
Non-current liabilities:
Provision for site reclamation and closure (note 11)	1,891	1,662	1,747
Total liabilities	3,044	2,900	2,565
Equity:
Share capital	121,988	105,870	67,553
Share option and warrant reserve	6,937	6,046	6,108
Accumulated other comprehensive income (loss)	225	(60)	18
Deficit	(88,671)	(70,997)	(34,497)
Total equity	40,479	40,859	39,182
Total liabilities and equity	$ 43,523	$ 43,759	$ 41,747

Consolidated Statements of Loss

Consolidated Statements of Loss and Comprehensive Loss - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Administration expenses
Exploration and evaluation costs (note 12)	$ 14,653	$ 36,170
Fees, salaries and other employee benefits	2,388	3,302
Legal and professional fees	264	316
Marketing and investor relations	1,390	1,453
Insurance	310	202
Office and administration	485	603
Regulatory, transfer agent and shareholder information	217	319
Operating expenses	19,707	42,365
Other expenses (income):
Project investigation costs	138	105
Accretion of provision for site reclamation and closure	39	39
Interest and other income	(110)	(247)
Amortization of flow-through share premium (note 10)	(2,347)	(5,966)
Loss on marketable securities	239	200
Foreign exchange loss	8	4
Other expenses (income)	(2,033)	(5,865)
Loss for the period	17,674	36,500
Other comprehensive loss (income), net of tax
Unrealized currency (gain) loss on translation of foreign operations	(285)	78
Other comprehensive loss (income) for the period	(285)	78
Total comprehensive loss for the period	$ 17,389	$ 36,578
Basic and diluted loss per share	$ .21	$ .48
Basic and diluted weighted average number of shares outstanding (note 17)	86,015,208	76,668,827

Consolidated Statements of Equi

Consolidated Statements of Equity - CAD ($) $ in Thousands	Share capital	Share option and warrant reserve	Accumulated other comprehensive income (loss)	Deficit	Total
Balance (in shares) at Dec. 31, 2016	66,796,817
Balance at Dec. 31, 2016	$ 67,553	$ 6,108	$ 18	$ (34,497)	$ 39,182
Comprehensive income (loss) for the year			(78)	(36,500)	(36,578)
Shares issued pursuant to bought deal financing, net of share issue costs and flow-through liability (note 13 (b)) (in shares)	9,542,402
Shares issued pursuant to bought deal financing, net of share issue costs and flow-through liability (note 13 (b))	$ 32,760				32,760
Share options exercised (note 13 (b)) (in shares)	453,000
Share options exercised (note 13 (b))	$ 913	(377)			$ 536
Warrants exercised (note 13 (b)) (in shares)	1,954,011				1,954,011
Warrants exercised (note 13 (b))	$ 4,644	(1,523)			$ 3,121
Share-based compensation (note 14 (a))		1,838			1,838
Balance (in shares) at Dec. 31, 2017	78,746,230
Balance at Dec. 31, 2017	$ 105,870	6,046	(60)	(70,997)	40,859
Comprehensive income (loss) for the year			285	(17,674)	(17,389)
Shares issued pursuant to bought deal financing, net of share issue costs and flow-through liability (note 13 (b)) (in shares)	11,406,586
Shares issued pursuant to bought deal financing, net of share issue costs and flow-through liability (note 13 (b))	$ 15,731				15,731
Share options exercised (note 13 (b)) (in shares)	220,000
Share options exercised (note 13 (b))	$ 354	(156)			$ 198
Warrants exercised (note 13 (b)) (in shares)	15,000				15,000
Warrants exercised (note 13 (b))	$ 33	(12)			$ 21
Share-based compensation (note 14 (a))		1,059			1,059
Balance (in shares) at Dec. 31, 2018	90,387,816
Balance at Dec. 31, 2018	$ 121,988	$ 6,937	$ 225	$ (88,671)	$ 40,479

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Operating activities:
Loss for the period	$ (17,674)	$ (36,500)
Items not involving cash:
Interest income	(110)	(241)
Accretion of provision for site reclamation and closure	39	39
Loss on marketable securities	239	200
Amortization of flow-through share premium (note 10)	(2,347)	(5,966)
Unrealized foreign exchange loss	10	(3)
Share-based compensation (note 14(a))	1,059	1,838
Depreciation of fixed assets	262	253
Changes in non-cash working capital:
Amounts receivable	587	(330)
Prepaid expenses and deposits	342	(886)
Accounts payable and accrued liabilities	(251)	279
Cash used in operating activities	(17,844)	(41,317)
Investing activities:
Interest received	110	241
Purchase of equipment	(109)	(144)
Mineral property acquisition costs	(1,386)	(1,323)
Increase in reclamation bond	(53)	0
Cash used in investing activities	(1,438)	(1,226)
Financing activities:
Proceeds from issuance of common shares, net of cash share issuance costs	18,220	38,911
Proceeds from share option and warrant exercises (note 13 (b))	219	3,657
Cash provided by financing activities	18,439	42,568
Effect of foreign exchange rate changes on cash	22	(8)
Decrease (increase) in cash	(821)	17
Cash, beginning of the period	2,474	2,457
Cash, end of the period	$ 1,653	$ 2,474

Corporate Information

Corporate Information	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Corporate Information	Auryn Resources Inc. (the “Company” or “Auryn”) was incorporated on June 9, 2008, under the British Columbia Business Corporations Act. The Company trades on the Toronto Stock Exchange under the symbol AUG.TO, and effective July 17, 2017 the Company’s common shares commenced trading on the NYSE-American under the symbol AUG. The Company’s principal business activity is the acquisition, exploration and development of resource properties in Canada and Peru. The Company, through its wholly owned subsidiaries, owns the mineral concessions comprising the Committee Bay and Gibson MacQuoid mineral properties both located in Nunavut (note 8 (a)), as well as the Homestake Ridge Project in northwestern British Columbia (note 8 (b)). The Company has also secured rights to various mining concessions in southern Peru (note 8 (c)) which include the Sombrero and Huilacollo projects. The head office and principal address of Auryn is located at 1199 West Hastings Street, Suite 600, Vancouver, British Columbia, V6E 3T5.

Basis of Presentation

Basis of Presentation	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Basis of Presentation	(a) Statement of compliance These consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”), effective for the financial year ended December 31, 2018. IFRS include International Accounting Standards (“IAS”) and interpretations issued by the IFRS Interpretations Committee (“IFRIC”). These consolidated financial statements were approved and authorized for issuance by the Board of Directors of the Company on March 26, 2019. (b) Basis of preparation and consolidation These consolidated financial statements have been prepared on a historical cost basis except for marketable securities (note 6) that have been measured at fair value. The presentation currency is the Canadian dollar; therefore, all amounts, with the exception of per share amounts, are presented in thousands of Canadian dollars unless otherwise noted. These consolidated financial statements incorporate the financial statements of the Company and entities controlled by the Company (its subsidiaries). Control exists when the Company has power over an investee, exposure or rights, to variable returns from its involvement with the investee and the ability to use its power over the investee to affect the amount of the Company’s returns. Subsidiary Place of incorporation Functional Currency Beneficial Interest North Country Gold Corp. (“North Country”) BC, Canada CAD 100% Homestake Resource Corporation (“Homestake”) BC, Canada CAD 100% Corisur Peru, S.A.C. (“Corisur”) Peru USD 100% Sombrero Minerales, S.A.C. (“Sombrero”) Peru USD 100% Homestake Royalty Corporation (inactive) BC, Canada CAD 100% All intercompany balances and transactions have been eliminated. (c) Critical accounting judgments and estimates The preparation of the financial statements in conformity with IFRS requires management to select accounting policies and make estimates and judgments that may have a significant impact on the consolidated financial statements. Estimates are continuously evaluated and are based on management’s experience and expectations of future events that are believed to be reasonable under the circumstances. Actual outcomes may differ from these estimates. Critical judgments exercised in applying accounting policies, apart from those involving estimates, that have the most significant effect on the amounts recognized in the consolidated financial statements are as follows: i. Functional currency The functional currency for each of the Company’s subsidiaries is the currency of the primary economic environment in which the entity operates. The Company has determined the functional currency of each of its Canadian entities is the Canadian dollar, while the functional currency of its Peruvian entities is the United States dollar. Determination of functional currency may involve certain judgments to determine the primary economic environment and the Company reconsiders the functional currency of its entities if there is a change in events and conditions that determined the primary economic environment. ii. Business combinations Determination of whether a set of assets acquired and liabilities assumed constitute the acquisition of a business or asset may require the Company to make certain judgments as to whether or not the assets acquired and liabilities assumed include the inputs, processes and outputs necessary to constitute a business as defined in IFRS 3 - Business Combinations. iii. Economic recoverability and probability of future economic benefits of mineral property interests Management has determined that the acquisition of mineral properties and related costs incurred, which have been recognized on the consolidated statements of financial position, are economically recoverable. Management uses several criteria in its assessments of economic recoverability and probability of future economic benefit including geological data, scoping studies, accessible facilities, and existing and future permits. iv. Indications of impairment of assets Impairment testing is done at the cash generating unit level and judgment is involved in assessing whether there is any indication that an asset or a cash generating unit may be impaired. The assessment of the impairment indicators involves the application of a number of significant judgments and estimates to certain variables, including metal price trends, exploration plans for properties and the results of exploration and evaluation to date. Key sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities are: i. Provisions Provisions recognized in the financial statements involve judgments on the occurrence of future events, which could result in a material outlay for the Company. In determining whether an outlay will be material, the Company considers the expected future cash flows based on facts, historical experience and probabilities associated with such future events. Uncertainties exist with respect to estimates made by management and as a result, the actual expenditure may differ from amounts currently reported. ii. Reclamation obligations Management assesses its reclamation obligations annually and when circumstances suggest that a material change to the obligations have occurred. Significant estimates and assumptions are made in determining the provision for site reclamation and closure, as there are numerous factors that will affect the ultimate liability that becomes payable. These factors include estimates of the extent, the timing and the cost of reclamation activities, regulatory change, cost increases, and changes in discount rates. Those uncertainties may result in actual expenditures differing from the amounts currently provided. The provision at the reporting date represents management’s best estimate of the present value of the future reclamation costs required. Changes to estimated future costs are recognized in the statement of financial position by adjusting the reclamation asset and liability. iii. Share-based compensation The Company determines the fair value of share options granted using the Black - iv. Income taxes The provision for income taxes and composition of income tax assets and liabilities require management’s judgment. The application of income tax legislation also requires judgment in order to interpret legislation and to apply those findings to the Company’s transactions. v. Deferred tax assets and liabilities Management judgment and estimates are required in assessing whether deferred tax assets and deferred tax liabilities are recognized in the consolidated statements of financial position. Judgments are made as to whether future taxable profits will be available in order to recognize deferred tax assets. Assumptions about the generation of future taxable profits depend on management’s estimates of future cash flows. These depend on estimates of future production and sales volumes, commodity prices, reserves, operating costs, and other capital management transactions. These judgments and assumptions are subject to risk and uncertainty and changes in circumstances may alter expectations, which may impact the amount of deferred tax assets and deferred tax liabilities recognized on the consolidated statements of financial position and the benefit of other tax losses and temporary differences not yet recognized.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Significant Accounting Policies	Foreign currency translation The financial statements of the Company and each of its subsidiaries are prepared in its functional currency determined on basis of the primary economic environment in which such entities operate. The presentation and functional currency of the Company and each of its Canadian subsidiaries is the Canadian dollar while the functional currency of its Peruvian entities in the United States dollar. Amounts in these financial statements denominated in United States dollars are denoted as US$. Transactions in currencies other than the functional currency are recorded at the rates of exchange prevailing at the transaction dates. At each reporting date, monetary items denominated in foreign currencies are translated into the entity’s functional currency at the then prevailing rates and non-monetary items measured at historical cost are translated into the entity’s functional currency at rates in effect at the date the transaction took place. Exchange differences arising on the settlement of monetary items or on translating monetary items at rates different from those at which they were translated on initial recognition during the period or in previous financial statements are included in the consolidated statements of loss and comprehensive loss for the period in which they arise. (b) Cash and cash equivalents Cash and cash equivalents consist of highly liquid short-term investments that are readily convertible to cash and have maturities with terms of less than ninety days and/or with original maturities over ninety days but redeemable on demand without penalty. As at December 31, 2018 and 2017, the Company did not have any cash equivalents. (c) Equipment Equipment is stated at cost less accumulated amortization and impairment losses. Amortization is calculated using the straight-line method over the estimated useful lives as follows: Camp and field equipment 5-10 years Machinery and heavy equipment 5-10 years (d) Mineral property interests and exploration expenditures Effective January 1, 2018, the Company elected to change its accounting policy for exploration and evaluation costs. As a result of this voluntary change in accounting policy, the Company has retrospectively restated certain prior period amounts within these consolidated financial statements to be in accordance with this new policy. The voluntary change in policy and the impact on prior period amounts is detailed in note 4. The revised accounting policy for exploration and evaluation costs and mineral property interests is as follows: Title to mineral properties involves certain inherent risks due to the difficulties of determining the validity of certain claims as well as the potential for problems arising from the frequently ambiguous conveyancing historical characteristic of many properties. The Company has investigated title to all of its mineral properties and, to the best of its knowledge title to all of its properties is in good standing. The Company accounts for mineral property interests in accordance with IFRS 6 – Exploration for and evaluation of mineral properties (“IFRS 6”). Costs directly related to acquiring the legal right to explore a mineral property including acquisition of licenses, mineral rights, and similar acquisition costs are recognized and capitalized as mineral property interests. Acquisition costs incurred in obtaining the legal right to explore a mineral property are deferred until the legal right is granted and thereon reclassified to mineral property interests. Transaction costs incurred in acquiring an asset are deferred until the transaction is completed and then included in the purchase price of the asset acquired. Once the legal right to explore a property has been acquired, costs directly related to exploration and evaluation activities, including but not limited to researching and analyzing existing exploration data, conducting geological studies, exploration drilling and sampling, payments made to contractors and consultants in connection with the exploration and evaluation of the property, are expensed in the period in which they are incurred as exploration and evaluation costs on the consolidated statement of loss and comprehensive loss. Costs not directly attributable to exploration and evaluation activities, including general administrative overhead costs, are expensed as administrative costs in the period in which they occur. As the Company currently has no operational income, any incidental revenues earned in connection with exploration activities are applied as a reduction to exploration and evaluation costs. When a project is deemed to no longer have commercially viable prospects to the Company, all capitalized acquisition costs in respect of that project are deemed to be impaired. As a result, those costs, in excess of the estimated recoverable amount, are written off to the consolidated statement of loss and comprehensive loss. The Company assesses mineral property interests for impairment when facts and circumstances suggest that the carrying amount of the asset may exceed its recoverable amount. The recoverable amount is the higher of the asset’s fair value less costs to sell and its value in use. Once the technical feasibility and commercial viability of extracting the mineral resources has been determined, the property is considered to be a mine under development at which point the assets and further related costs no longer fall under the guidance of IFRS 6. (e) Provisions Provisions are recorded when a present legal or constructive obligation exists as a result of past events where it is probable that an outflow of resources embodying economic benefit will be required to settle the obligation, and a reliable estimate of the amount of the obligation can be made. (f) Provision for site reclamation and closure An obligation to incur rehabilitation and site restoration costs arises when an environmental disturbance is caused by the exploration, development or on-going production of a mineral property interest. Such costs arising from the decommissioning of plant and other site preparation work, discounted to their net present value, are provided for and capitalized at the start of each project, as soon as the obligation to incur such costs arises. These costs are charged to the statement of loss and comprehensive loss over the life of the operation through amortization and the unwinding of the discount in the provision. Costs for restoration of subsequent site damage, which is created on an on-going basis during production, are provided for at their estimated net present values and charged against earnings as extraction progresses. (g) Impairment of non-financial assets At each reporting date, the Company reviews the carrying amounts of its assets to determine whether there are any indicators of impairment. If any such indicator exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment, if any. Where the asset does not generate cash inflows that are independent from other assets, the Company estimates the recoverable amount of the cash-generating unit (“CGU”) to which the asset belongs. Any intangible asset with an indefinite useful life is tested for impairment annually and whenever there is an indication that the asset may be impaired. An asset’s recoverable amount is the higher of fair value less costs of disposal and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value, using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which estimates of future cash flows have not been adjusted. If the recoverable amount of an asset or CGU is estimated to be less than its carrying amount, the carrying amount is reduced to the recoverable amount and an impairment loss is recognized immediately in the statement of loss and comprehensive loss. Where an impairment subsequently reverses, the carrying amount is increased to the revised estimate of recoverable amount but only to the extent that this does not exceed the carrying value that would have been determined if no impairment had previously been recognized. A reversal of impairment is recognized in the statement of loss and comprehensive loss. (h) Flow-through common shares Canadian income tax legislation permits companies to issue flow-through instruments whereby the income tax deductions generated by eligible expenditures of the Company, defined in the Income Tax Act (Canada) as qualified Canadian exploration expenses (“CEE”), are claimed by the investors rather than by the Company. Shares issued on a flow-through basis are typically sold at a premium above the market share price which relates to the tax benefits that will flow through to the investors. The Company often issues flow-through shares as part of its equity financing transactions in order to fund its Canadian exploration activities. The Company estimates the portion of the proceeds attributable to the premium as being the excess of the flow-through share price over the market share price of the common shares without the flow-through feature at the time of issuance. The premium is recorded as a liability which represents the Company’s obligation to spend the flow-through funds on eligible expenditures and is amortized through the statement of loss as the eligible expenditures are incurred. (i) Loss per share Basic loss per share is calculated by dividing the net loss available to common shareholders by the weighted average number of shares outstanding during the reporting period. The diluted loss per share is calculated by dividing the net loss available to common shareholders by the weighted average number of shares outstanding on a diluted basis. The weighted average number of shares outstanding on a diluted basis takes into account the additional shares for the assumed exercise of share options and warrants, if dilutive. The number of additional shares is calculated by assuming that outstanding share options were exercised and that the proceeds from such exercises were used to acquire common shares at the average market price during the reporting period. (j) Share-based compensation From time to time, the Company grants share options to employees and non-employees. An individual is classified as an employee, versus a non-employee, when the individual is an employee for legal or tax purposes (direct employee) or provides services similar to those performed by a direct employee. The fair value of share options, measured using the Black-Scholes option pricing model at the date of grant, is charged to the consolidated statement of loss and comprehensive loss over the vesting period. Performance vesting conditions and forfeitures are taken into account by adjusting the number of equity instruments expected to vest at each reporting date so that, ultimately, the cumulative amount recognized over the vesting period is based on the number of options that eventually vest. Where the terms and conditions of options are modified before they vest, any change in the fair value of the options, measured immediately before and after the modification, is also charged to the consolidated statement of loss and comprehensive loss over the remaining vesting period. Equity instruments granted to non-employees are recorded in the consolidated statement of loss and comprehensive loss at the fair value of the goods or services received, unless they are related to the issuance of shares. Amounts related to the issuance of shares are recorded as a reduction of share capital. When the value of goods or services received in exchange for a share-based payment cannot be reliably estimated, the fair value is measured by use of a valuation model. The expected life used in the model is adjusted, based on management’s best estimate, for the effects of non-transferability, exercise restrictions, and behavioral considerations. All equity-settled share-based payments are recorded in share option and warrant reserve until exercised. Upon exercise, shares are issued from treasury and the amount previously recorded in share option and warrant reserve is reclassified to share capital along with any consideration paid. (k) Income taxes Income tax reported in the consolidated statement of loss and comprehensive loss for the period presented comprises current and deferred income tax. Income tax is recognized in the consolidated statement of loss and comprehensive loss except to the extent that it relates to items recognized directly in equity, in which case it is recognized in equity. Current income tax for each taxable entity in the Company is based on the local taxable income at the local statutory tax rate enacted or, substantively enacted, at the reporting date and includes any adjustments to tax payable or recoverable with regards to previous periods. Deferred income tax is determined using the liability method, providing for temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. The amount of deferred income tax provided is based on the expected manner of realization or settlement of the carrying amount of assets and liabilities, using the expected future tax rates enacted or substantively enacted at the reporting date. A deferred income tax asset is recognized only to the extent that it is probable that future taxable profits will be available against which the asset can be utilized. Deferred tax assets are reduced to the extent that it is no longer probable that the related tax benefit will be realized. Deferred income tax assets and liabilities are offset only when there is a legally enforceable right to set off current tax assets against current tax liabilities, when they relate to income taxes levied by the same taxation authority and the Company intends to settle its tax assets and liabilities on a net basis. (l) Financial instruments The Company recognizes financial assets and liabilities on its consolidated statement of financial position when it becomes a party to the contract creating the asset or liability. On initial recognition, all financial assets and liabilities are recorded by the Company at fair value, net of attributable transaction costs, except for financial assets and liabilities classified as FVTPL for which transaction costs are expensed in the period in which they are incurred. Amortized cost Financial assets that meet the following conditions are measured subsequently at amortized cost: ● the financial asset is held within a business model whose objective is to hold financial assets in order to collect contractual cash flows, and ● the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. The amortized cost of a financial asset is the amount at which the financial asset is measured at initial recognition minus the principal repayments, plus the cumulative amortization using effective interest method of any difference between that initial amount and the maturity amount, adjusted for any loss allowance. Interest income is recognized using the effective interest method. The Company's financial assets at amortized cost primarily include cash, restricted cash, amounts receivable and deposits. Fair value through other comprehensive income ("FVTOCI") Financial assets that meet the following conditions are measured at FVTOCI: ● The financial asset is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets, and ● The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. The Company does not have any financial assets classified as FVTOCI. On initial recognition, the Company may make an irrevocable election (on an instrument-by-instrument basis) to designate investments in equity instruments that would otherwise be measured at fair value through profit or loss to present subsequent changes in fair value in other comprehensive income. Designation at FVTOCI is not permitted if the equity investment is held for trading or if it is contingent consideration recognized by an acquirer in a business combination. Investments in equity instruments at FVTOCI are initially measured at fair value plus transaction costs. Subsequently, they are measured at fair value with gains and losses arising from changes in fair value recognized in OCI. The cumulative gain or loss is not reclassified to profit or loss on disposal of the equity instrument, instead, it is transferred to retained earnings. Financial assets measured subsequently at fair value through profit or loss (“FVTPL”) By default, all other financial assets are measured subsequently at FVTPL. The Company, at initial recognition, may also irrevocably designate a financial asset as measured at FVTPL if doing so eliminates or significantly reduces a measurement or recognition inconsistency that would otherwise arise from measuring assets or liabilities or recognizing the gains and losses on them on different bases. Financial assets measured at FVTPL are measured at fair value at the end of each reporting period, with any fair value gains or losses recognized in profit or loss to the extent they are not part of a designated hedging relationship. Fair value is determined in the manner described in note 19. The Company's financial assets at FVTPL include its equity investment in Bravada Gold Corporation (“BVA”). Financial liabilities and equity Debt and equity instruments are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all its liabilities. Equity instruments issued by the Company are recognized at the proceeds received, net of direct issue costs. Repurchase of the Company’s own equity instruments is recognized and deducted directly in equity. No gain or loss is recognized in profit or loss on the purchase, sale, issue or cancellation of the Company’s own equity instruments. Financial liabilities that are not contingent consideration of an acquirer in a business combination, held for trading or designated as at FVTPL, are measured at amortized cost using effective interest method. The Company's financial liabilities at amortized cost primarily include accounts payable and accrued liabilities. Financial instruments designated as hedging instruments The Company does not currently apply nor have a past practice of applying hedge accounting to financial instruments. Impairment The Company recognizes a loss allowance for expected credit losses on its financial assets. The amount of expected credit losses is updated at each reporting period to reflect changes in credit risk since initial recognition of the respective financial instruments. (m) Comprehensive loss Other comprehensive loss is the change in net assets arising from transactions and other events and circumstances from non-owner sources. Comprehensive loss comprises net loss and other comprehensive loss. Financial assets that are classified as FVTOCI (none as at December 31, 2018 or 2017) will have gains and losses included in other comprehensive loss. Foreign currency translation differences arising on translation of foreign subsidiaries are also included in other comprehensive loss. (n) Changes in accounting standards i) New accounting standards effective January 1, 2018 · Revenue Recognition Effective January 1, 2018 the Company adopted IFRS 15 – Revenue from Contracts with Customers ("IFRS 15") which supersedes IAS 11 – Construction Contracts, IAS 18 – Revenue, IFRIC 13 – Customer Loyalty Programs, IFRIC 15 – Agreements for the Construction of Real Estate, IFRIC 18 – Transfers of Assets from Customers, and SIC 31 – Revenue – Barter Transactions Involving Advertising Services. IFRS 15 establishes a single five-step model framework for determining the nature, amount, timing and uncertainty of revenue and cash flows arising from a contract with a customer. The adoption of this standard did not impact the Company’s financial statements, as currently the Company does not earn revenues. · Financial instruments Effective January 1, 2018 the Company adopted IFRS 9 – Financial Instruments ("IFRS 9") which replaces IAS 39 – Financial Instruments: Recognition and Measurement. IFRS 9 provides a revised model for recognition and measurement of financial instruments and a single, forward-looking “expected loss” impairment model. IFRS 9 also includes a substantially reformed approach to hedge accounting. The adoption of this standard did not impact the Company’s financial statements as currently the Company does not hold any financial instruments for which the underlying accounting was impacted. ii) New and amended accounting standards not yet effective for the year ended December 31, 2018 Leases In January 2016, the IASB published a new accounting standard, IFRS 16 - Leases ("IFRS 16") which supersedes IAS 17 - Leases. IFRS 16 applies a control model to the identification of leases, distinguishing between a lease and a service contract on the basis of whether the customer controls the asset. Control is considered to exist if the customer has the right to obtain substantially all of the economic benefits from the use of an identified asset and the right to direct the use of that asset during the term of the lease. For those assets determined to meet the definition of a lease, IFRS 16 introduces significant changes to the accounting by lessees, introducing a single, on balance sheet accounting model that is similar to the current finance lease accounting, with limited exceptions for short-term leases or leases of low value assets. The Company will adopt IFRS 16 on its effective date of January 1, 2019 retrospectively, with the cumulative effect of initially applying the standard as an adjustment to retained earnings and no restatement of comparative information. The Company will make the following elections under IFRS 16: · to measure its right of use assets at amounts equal to the associated lease liabilities; · to apply the available exemptions as permitted by IFRS 16 to recognize a lease expense on a straight line basis for short term leases (lease term of 12 months or less) and low value assets; and · to apply the practical expedient whereby leases whose term ends within 12 months of the date of initial application would be accounted for in the same way as short term leases. The Company does not expect the adoption of IFRS 16 to have a material impact on its financial statements. Due to the seasonality of the Company’s exploration programs, many of its exploration contracts are short term in nature and therefore will be exempt for the recognition provisions of IFRS 16.

Change in Accounting Policy

Change in Accounting Policy	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Change in Accounting Policy	Effective January 1, 2018 the Company elected to change its accounting policy for exploration and evaluation costs incurred subsequent to the acquisition of a mineral property interest. Previously the Company had capitalized these costs as part of mineral property interests in accordance with IFRS 6 which allows for mining exploration companies to either capitalize or expense such costs. Management determined that expensing exploration and evaluation costs would provide more relevant information to many of its financial statements users, as it would allow for comparisons to be drawn against both its Canadian peers, many of which choose to expense such costs, as well as its American peers as the policy is more in line with United States Generally Accepted Accounting Policies (“US GAAP”) requirements to expense costs, other than those incurred to acquire the right to explore a mineral property, until the economic viability of a project is established. The Company will continue to capitalize the costs incurred to acquire the right to explore a mineral property until the right is lost or the value of the mineral property is determined to be impaired. See note 3 (d) for the Company’s revised accounting policy on exploration and evaluation costs and mineral property interests. The impact of this voluntary change in accounting policy on prior period amounts is outlined below: Statements of Financial Position As at January 1, 2017 As previously reported Adjustment Restated Mineral property interests $ 58,815 $ (22,765 ) $ 36,050 Accumulated other comprehensive income (loss) (29 ) 11 (18 ) Deficit 11,743 22,754 34,497 As at December 31, 2017 As previously reported Adjustment Restated Mineral property interests $ 95,986 $ (58,728 ) $ 37,258 Accumulated other comprehensive income (loss) 256 (196 ) 60 Deficit 12,073 58,924 70,997 Statements of Loss and Comprehensive Loss Year ended December 31, 2017 As previously reported Adjustment Restated Exploration and evaluation costs $ - $ 36,170 $ 36,170 Loss for the year 330 36,170 36,500 Unrealized currency (gain) loss on translation of foreign operations 285 (207 ) 78 Net comprehensive loss 615 35,963 36,578 Loss per share (basic and diluted) $ 0.00 $ 0.48 $ 0.48 Statement of Cash Flows Year ended December 31, 2017 As previously reported Adjustment Restated Loss for the year $ 330 $ 36,170 $ 36,500 Share-based compensation 1,071 767 1,838 Depreciation of fixed assets - 253 253 Changes in non-cash working capital Prepaid expenses and deposits (901 ) 15 (886 ) Accounts payable and accrued liabilities 140 139 279 Cash used in operating activities (6,321 ) (34,996 ) (41,317 ) Exploration and evaluation costs (36,319 ) 36,319 - Acquisition of mineral property interests - (1,323 ) (1,323 ) Cash used in investing activities (36,222 ) 34,996 (1,226 )

Cash and Restricted Cash

Cash and Restricted Cash	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Cash and Cash Equivalents and Restricted Cash	December 31, 2018 December 31, 2017 Components of cash and restricted cash: Cash $ 1,653 $ 2,474 Restricted cash 115 115 $ 1,768 $ 2,589 Restricted cash balance includes an amount of $86 (December 31, 2017 - $86) in connection with an irrevocable standby letter of credit in favor of Kitikmeot Inuit Association in connection with the Company’s Committee Bay project.

Marketable Securities

Marketable Securities	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Marketable Securities	Investment in Bravada common shares Included as part of the acquisition of Homestake’s net assets, the Company acquired 2,658,004 shares of BVA which the Company has classified as FVTPL within level 1 category of the fair value hierarchy (note 19). As at December 31, 2018, the BVA share price quoted on TSXV was $0.07 per share (December 31, 2017 – $0.16 per share) and the fair value of the shares was adjusted to $186 (December 31, 2017 - $425). The impact of the fair value adjustment of the BVA shares was to record a fair value loss of $239 in the statement of loss and comprehensive loss for the year ended December 31, 2018 (December 31, 2017 - $200).

Prepaid Expenses and Deposits

Prepaid Expenses and Deposits	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Prepaid Expenses and Deposits	December 31, 2018 December 31, 2017 Prepaid and deposits related to exploration and evaluation expenditures $ 519 $ 730 Other prepaid expenses and deposits 396 437 Total prepaid expenses and deposits 915 1,167 Less: Non-current portion 198 220 Current prepaid expenses and deposits $ 717 $ 947 As at December 31, 2018, the Company had prepaid amounts related to drilling contracts at the Committee Bay project of $116 (December 31, 2017 - $384) and surface rights agreements in Peru of $283 (December 31, 2017 - $268), of which $198 (December 31, 2017 - $220) is non-current.

Mineral Property Interests

Mineral Property Interests	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Mineral Property Interests	(a) Nunavut exploration projects Committee Bay The Company, through its wholly owned subsidiary North Country, owns a 100% interest in the Committee Bay project located in Nunavut, Canada. The Committee Bay project includes more than 380,000 hectares situated along the Committee Bay Greenstone Belt located within the Western Churchill Province of Nunavut. The Committee Bay project is subject to a 1% Net Smelter Royalty (“NSR”) on gold production, with certain portions subject to an additional 1.5% NSR. The 1.5% NSR is payable on only 7,596 hectares and can be purchased by the Company within two years of commencement of commercial production for $2,000 for each one-third (0.5%) of the NSR. Gibson MacQuoid In 2017, the Company acquired a number of prospecting permits and mineral claims along the Gibson MacQuoid greenstone belt in Nunavut, Canada. The permits are located between the Meliadine deposit and Meadowbank mine and cover approximately 120 km of strike length of the prospective greenstone belt and greater than 350,000 hectares collectively. (b) Homestake Ridge The Company, through its wholly owned subsidiary Homestake, owns a 100% interest in the Homestake Ridge project subject to various royalty interests held by third parties not exceeding 2%. The project covers approximately 7,500 hectares and is located in the Kitsault Mineral district in north western British Columbia. The project is being explored as a potential high-grade underground mining operation. Sombrero The Sombrero copper-gold project, located in southern Peru, covers more than 120,000 hectares acquired through a combination of staking and option agreements which are outlined below: i. Alturas Option On June 28, 2016, the Company entered into an option agreement (the “Alturas Option”) with Alturas Minerals Corp (“Alturas”) to acquire an 80% or 100% interest in the Sombrero concessions held by Alturas. In order to exercise the Alturas Option and acquire an 80% interest in the project, the Company must incur US$2.1 million in work expenditures within a five-year period, of which US$1.3 million has been spent as at December 31, 2018 in addition to cash payments totalling US$0.2 million that have been made to Alturas. Upon the Company’s completion of the requirements to earn an 80% interest in the Sombrero Project, the parties shall form a 80:20 Joint Venture. For a period of one year after the formation of the Joint Venture, Alturas’ 20% interest shall be “free carried” and the Company shall have a right to acquire the remaining 20% for US$5.0 million. ii. Mollecruz Option On June 22, 2018 the Company entered an option agreement (the “Mollecruz Option”) giving the Company the right to acquire a 100% interest in the Mollecruz concessions which are key claims in the northern area of the Sombrero project. Under the Mollecruz Option, the Company may acquire a 100% interest, subject to a 0.5% NSR, through a combination of work expenditures and cash payments as detailed in the table below. Due Dates Payment & Work Expenditure Status Property Payments (in ‘000 US$) Work Expenditures (in ‘000 US$) Effective Date (June 22, 2018) Completed 50 - June 22, 2019 50 150 June 22, 2020 100 150 June 22, 2021 200 500 June 22, 2022 300 700 June 22, 2023 900 1,500 Total 1,600 3,000 iii. Aceros Option On December 13, 2018 the Company entered a series of agreements (the “Aceros Option”) with Corporacion Aceros Arequipa S.A. (“Aceros”) giving the Company the right to option three mineral concessions located within the Company’s Sombrero project. If the Aceros Option is exercised, a joint venture would be formed in which the Company would hold an 80% interest (Aceros – 20%). The joint venture would combine the 530 hectare Aceros concessions plus 4,600 hectares of Auryn’s Sombrero land position. The work expenditures and cash payments required under the agreement are as detailed in the table below. Due Dates Payment & Work Expenditure Status Property Payments (in ‘000 US$) Work Expenditures (in ‘000 US$) Effective Date (December 13, 2018) Completed 140 - December 13, 2019 60 150 December 13, 2020 250 500 December 13, 2021 350 1,500 December 13, 2022 - 3,000 Total 800 5,150 Huilacollo On June 2, 2016, the Company acquired the rights to the Huilacollo epithermal property in the Tacna province of southern Peru, which is comprised of 2,000 hectares of intense hydrothermal alteration. The rights were acquired through an option agreement (the “Huilacollo Option”) with a local Peruvian company, Inversiones Sol S.A.C., under which the Company may acquire 100% interest, subject to a 1.5% NSR on precious metals buyable for US$2.5 million and a 2.5% NSR on base metals buyable for US$7.0 million, through a combination of work expenditures and cash payments as outlined in the table below. As at December 31, 2018, the Company has completed US$4.4 million of work expenditures under the Huilacollo Option. Due Dates Payment & Work Expenditure Status Property Payments (in ‘000 US$) Work Expenditures (in ‘000 US$) Effective Date (May 11, 2016) Completed 250 - May 11, 2018 Completed 500 2,000 May 11, 2019 - 3,000 May 11, 2020 250 - May 11, 2021 250 2,000 May 11, 2022 7,500 - Total 8,750 7,000 During 2017, the Company acquired the rights to certain mineral claims adjacent to the Huilacollo property known as Andamarca claims and Tacora claims. Under the terms of the acquisition agreements, the Company paid US$0.65 million on transferring the concessions in favour of Corisur. The Andamarca concession is subject to a 1.5% NSR of which 50% is buyable for US$2.5 million and the Tacora concession is subject to a 0.5% NSR of which 50% is buyable for US$0.5 million. Baños del Indio On September 26, 2016, the Company announced it had entered into an option agreement (the “Baños Option”) with a local Peruvian company, Exploandes S.A.C to earn a 100% interest in the Baños del Indio gold project located in the Tacna province of southern Peru, just 10 km to the north of the Company’s Huilacollo project. Under the Baños Option, the Company may acquire a 100% interest, subject to a 3.0% NSR (50% being buyable for US$ 6.0 million), through a combination of work expenditures and cash payments as detailed in the table below. Due Dates Payment & Work Expenditure Status Property Payments (in ‘000 US$) Work Expenditures (in ‘000 US$) Effective Date (September 22, 2016) Completed 100 - September 22, 2017 Completed 100 - September 22, 2018* Deferred* 100 200 September 22, 2019* 200 250 September 22, 2020* 150 1,000 September 22, 2021* 2,500 2,000 Total 3,150 3,450 * Effective September 4, 2018, the Company formally declared the existence of a force majeure event under the Baños Option thereby deferring the Company’s obligation to make the September 22, 2018 property payment and any subsequent property payments and work expenditures. Despite the Company acting in good faith in its negotiations with the community, the Company, to date, has been unable to reach an access agreement in order to initiate its exploration program on the Baños properties. The Company plans to continue to work towards the resolution of this matter. The following is a continuity of the Company’s mineral property acquisition costs: Committee Bay & Gibson MacQuoid Homestake Ridge Peru Total Balance at December 31, 2016 (Restated – note 4) $ 18,725 $ 16,060 $ 1,265 $ 36,050 Additions 80 - 1,308 1,388 Change in estimate of provision for site reclamation and closure (124 ) - - (124 ) Currency translation adjustment - - (56 ) (56 ) Balance at December 31, 2017 (Restated – note 4) $ 18,681 $ 16,060 $ 2,517 $ 37,258 Additions - - 1,392 1,392 Change in estimate of provision for site reclamation and closure 190 - - 190 Currency translation adjustment - - 232 232 Balance at December 31, 2018 $ 18, 871 $ 16,060 $ 4,141 $ 39,072

Equipment

Equipment	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Equipment	Camp and field equipment Machinery and equipment Total Cost Balance at December 31, 2016 $ 1,217 $ 829 $ 2,046 Additions 144 - 144 Currency translation adjustment (3 ) - (3 ) Balance at December 31, 2017 $ 1,358 $ 829 $ 2,187 Additions 109 - 109 Currency translation adjustment 4 - 4 Balance at December 31, 2018 $ 1,471 $ 829 $ 2,300 Accumulated depreciation Balance at December 31, 2016 $ (145 ) $ (115 ) $ (260 ) Depreciation (149 ) (104 ) (253 ) Currency translation adjustment 1 - 1 Balance at December 31, 2017 $ (293 ) $ (219 ) $ (512 ) Depreciation (158 ) (104 ) (262 ) Currency translation adjustment (1 ) - (1 ) Balance at December 31, 2018 $ (452 ) $ (323 ) $ (775 ) Net book value Balance at December 31, 2017 $ 1,065 $ 610 $ 1,675 Balance at December 31, 2018 $ 1,019 $ 506 $ 1,525

Flow-through Share Premium Liab

Flow-through Share Premium Liability	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Flow-through Share Liability	As at December 31, 2018, the Company has a flow-through share premium liability of $317 (December 31, 2017 - $185) in relation to the various flow-through share financings completed since 2017 (see note 13(b) for full details of the financings). Flow-through shares are issued at a premium, calculated as the difference between the price of a flow-through share and the price of a common share at that date, as tax deductions generated by the eligible expenditures are passed through to the shareholders of the flow-through shares once the eligible expenditures are incurred and renounced. Below is a summary of the flow-through financings and the related flow-through share premium liability generated by each financing: Shares issued Flow-through share price Premium per flow-through share Flow-through premium liability January 24, 2017 4,590,818 $ 5.01 $ 1.34 $ 6,151 March 23, 2018* 1,091,826 $ 2.35 $ 0.67 737 August 16, 2018 4,299,375 $ 1.60 - $1.87 $ 0.30 - $0.57 1,742 9,982,019 $ 8,630 * Note that the March 23, 2018 flow-through shares were priced in USD with a flow-through price per share of US$1.82 and a flow-through premium of US$0.52 per share. The following table is a continuity of the flow-through share funding and expenditures along with the corresponding impact on the flow-through share premium liability: Flow-through funding and expenditures BC Nunavut Total Flow-through premium liability Balance at January 1, 2017 $ - $ - $ - $ - Flow-through funds raised 7,500 15,500 23,000 6,151 Flow-through eligible expenditures (6,807 ) (15,500 ) (22,307 ) (5,966 ) Balance at December 31, 2017 693 - 693 185 Flow-through funds raised 1,870 8,023 9,893 2,479 Flow-through eligible expenditures (1,826 ) (7,590 ) (9,416 ) (2,347 ) Balance at December 31, 2018 $ 737 $ 433 $ 1,170 $ 317

Provision for Site Reclamation

Provision for Site Reclamation and Closure	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Provision for Site Reclamation and Closure	The Company recognizes a provision for site reclamation and closure, which reflects the present value of the estimated amount of cash flows required to satisfy the asset retirement obligation in respect of the Committee Bay property. The components of this obligation are the removal of equipment currently being used at the site as well as costs associated with the reclamation of the camp housing and work sites on the property. The estimate of future asset retirement obligations is subject to change based on amendments to applicable laws, management’s intentions, and mining lease renewals. The key assumptions on which the present value of the future estimated cash flows is based are: ● Undiscounted cash flow for site reclamation of $2,545 (December 31, 2017 - $2,250) ● Expected timing of future cash flows is based on mining leases expiration, which is between 2026 and 2033 ● Annual inflation rate 2% (December 31, 2017 - 2%) ● Risk-free interest rate 2.41% (December 31, 2017 - 2.26%) The present value of the liability for the site reclamation and closure provision at Committee Bay project is as follows: December 31, 2018 December 31, 2017 Opening balance $ 1,662 $ 1,747 Accretion 39 39 Change in estimate 190 (124 ) Closing balance $ 1,891 $ 1,662

Exploration and Evaluation Cost

Exploration and Evaluation Costs	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Exploration and Evaluation Costs	For the year ended December 31, 2018, the Company’s exploration and evaluation costs are broken down as follows: Committee Bay & Gibson MacQuoid Homestake Ridge Peru Total Assaying $ 695 $ 111 $ 171 $ 977 Exploration drilling 1,368 391 307 2,066 Camp cost, equipment and field supplies 767 269 775 1,811 Geological consulting services 526 201 945 1,672 Geophysical analysis - - 212 212 Permitting, environmental and community costs 302 107 885 1,294 Expediting and mobilization 256 93 35 384 Salaries and wages 1,455 327 406 2,188 Fuel and consumables 110 67 22 199 Aircraft and travel 2,893 475 119 3,487 Share based compensation 129 46 188 363 Total for the year ended December 31, 2018 $ 8,501 $ 2,087 $ 4,065 $ 14,653 For the year ended December 31, 2017, the Company’s exploration and evaluation costs are broken down as follows: Committee Bay & Gibson MacQuoid Homestake Ridge Peru Total Assaying $ 1,297 $ 357 $ 153 $ 1,807 Exploration drilling 4,936 1,820 178 6,934 Camp cost, equipment and field supplies 1,116 679 1,220 3,015 Geological consulting services 1,810 785 1,718 4,313 Geophysical analysis 366 86 210 662 Permitting, environmental and community costs 440 186 1,065 1,691 Expediting and mobilization 742 176 50 968 Salaries and wages 2,043 866 312 3,221 Fuel and consumables 1,858 231 24 2,113 Aircraft and travel 8,557 1,618 528 10,703 Share based compensation 343 149 275 767 Recoveries - (24 ) - (24 ) Total for the year ended December 31, 2017 $ 23,508 $ 6,929 $ 5,733 $ 36,170

Share Capital

Share Capital	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Share Capital	(a) Authorized Unlimited common shares without par value. Unlimited preferred shares - nil issued and outstanding. (b) Share issuances Year ended December 31, 2018: i. On August 16, 2018, the Company completed a non-brokered flow-through private placement (the “August 2018 Offering”) for gross proceeds of $7,331. The proceeds from the sale of the August 2018 flow-through shares are to be used exclusively for exploration on the Company’s Committee Bay, Gibson MacQuoid and Homestake Ridge projects. Share issue costs related to the August 2018 Offering totalled $400, which included $350 in commissions, and $50 in other issuance costs. A reconciliation of the impact of the August 2018 Offering on share capital is as follows: Number of common shares Impact on share capital Nunavut flow-through shares issued at $1.60 per share 2,084,375 $ 3,335 Nunavut charity flow-through shares issued at $1.75 per share 1,215,000 2,126 BC charity flow-through shares issued at $1.87 per share 1,000,000 1,870 Share issue costs - (400 ) Proceeds net of share issue costs 4,299,375 6,931 Flow-through share premium liability - (1,742 ) 4,299,375 $ 5,189 ii. On March 23, 2018 the Company closed the “March 2018 Offering” by issuing a total of 6,015,385 common shares of the Company at a price of US$1.30 per share for gross proceeds of US$7.8 million. The March 2018 Offering was completed pursuant to an underwriting agreement dated March 13, 2018 among the Company and Cantor Fitzgerald Canada Corporation and a syndicate of underwriters. In addition, the Company completed a concurrent private placement financing involving the sale of 1,091,826 flow-through common shares at a price equal to the Canadian dollar equivalent of US$1.82 per share, for gross proceeds of US$2.0 million. The proceeds from the sale of the March 2018 flow-through shares were used exclusively for exploration on the Company’s Committee Bay project. Share issue costs related to the March 2018 Offering totalled $1,336, which included $756 in commissions, and $580 in other issuance costs. A reconciliation of the impact of the March 2018 Offering on share capital is as follows: Number of common shares Impact on share capital Common shares issued at US$1.30 per share 6,015,385 $ 10,054 Flow-through shares issued at US$1.82 per share 1,091,826 2,561 Share issue costs - (1,336 ) Proceeds net of share issue costs 7,107,211 11,279 Flow-through share premium liability - (737 ) 7,107,211 $ 10,542 iii. During the year ended December 31, 2018, 220,000 shares were issued as a result of share options being exercised with a weighted average exercise price of $0.91 for gross proceeds of $198. Attributed to these share options, fair value of $156 was transferred from the equity reserves and recorded against share capital. iv. During the year ended December 31, 2018, 15,000 shares were issued as a result of share purchase warrants being exercised with a weighted average exercise price of $1.40 for gross proceeds of $21. Attributed to these share purchase warrants, fair value of $12 was transferred from the share option and warrant reserve and recorded against share capital. Year ended December 31, 2017: v. On January 24, 2017, the Company closed a brokered equity offering for gross proceeds of $41,172 (the “2017 Offering”). Under the terms of the January Offering, the Company issued an aggregate of 4,590,818 flow-through shares at a price of $5.01 per flow-through share and 4,951,584 common shares at a price of $3.67 per common share. Share issue costs related to the 2017 Offering totalled $2,261, which included $2,022 in commissions, and $239 in other issuance costs. The gross proceeds from the 2017 Offering were also offset by $6,151, an amount related to the flow-through share premium liability (note 10). A reconciliation of the impact of the 2017 Offering on share capital is as follows: Number of common shares Impact on share capital Common shares issued at $3.67 per share 4,951,584 $ 18,172 Flow-through shares issued at $5.01 per share 4,590,818 23,000 Cash share issue costs - (2,261 ) Proceeds net of share issue costs 9,542,402 38,911 Flow-through share premium liability - (6,151 ) 9,542,402 $ 32,760 vi. During the year ended December 31, 2017, 453,000 shares were issued as a result of share options being exercised with a weighted average exercise price of approximately $1.18 for gross proceeds of $536. Attributed to these share options, fair value of $377 was transferred from the equity reserves and recorded against share capital. vii. During the year ended December 31, 2017, 1,954,011 shares were issued as a result of share purchase warrants being exercised with a weighted average exercise price of $1.60 for gross proceeds of $3,121. Attributed to these share purchase warrants, fair value of $1,523 was transferred from the equity reserves and recorded against share capital.

Share Option and Warrant Reserv

Share Option and Warrant Reserves	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Share Option and Warrant Reserves	(a) Share-based payments The Company maintains a Rolling Share Option Plan providing for the issuance of share options up to 10% of the Company’s issued and outstanding common shares at the time of the grant. The Company may grant share options from time to time to its directors, officers, employees and other service providers. The share options vest as to 25% on the date of the grant and 12½% every three months thereafter for a total vesting period of 18 months. The continuity of the number of share options issued and outstanding is as follows: Number of share options Weighted average exercise price Outstanding, December 31, 2016 4,753,000 $ 1.77 Granted 530,000 3.19 Exercised (453,000) 1.18 Expired (20,000) 2.63 Outstanding, December 31, 2017 4,810,000 $ 1.97 Granted 1,775,000 1.42 Exercised (220,000) 0.91 Expired (103,750) 2.35 Forfeited (56,250) 1.60 Outstanding, December 31, 2018 6,205,000 $ 1.85 As at December 31, 2018, the number of share options outstanding and exercisable was: Outstanding Exercisable Expiry date Number of options Exercise price Remaining contractual life (years) Number of options Exercise price Remaining contractual life (years) Feb 17, 2019 850,000 $ 0.51 0.13 850,000 $ 0.51 0.13 Aug 17, 2020 960,000 1.30 1.63 960,000 1.30 1.63 June 21, 2021 2,195,000 2.63 2.47 2,195,000 2.63 2.47 Jan 10, 2022 440,000 3.22 3.03 440,000 3.22 3.03 May 5, 2022 65,000 3.04 3.35 65,000 3.04 3.35 June 20, 2023 795,000 1.42 4.47 397,500 1.42 4.47 June 26, 2023 900,000 1.42 4.49 450,000 1.42 4.49 6,205,000 $ 1.85 2.62 5,357,500 $ 1.92 2.32 Of the 850,000 share options set to expire on February 17, 2019, 810,000 were exercised subsequent to December 31, 2018 for proceeds of $413 and the remaining 40,000 expired. In addition, 25,000 share options with an exercise price of $1.30 were exercised subsequent to year end for proceeds of $33. The Company uses the fair value method of accounting for all share-based payments to directors, officers, employees and others providing similar services. During the year ended December 31, 2018 and 2017 the company recognized share-based compensation expense as follows: Years ended December 31, 2018 2017 (Restated – note 4) Recognized in net loss: Included in exploration and evaluation costs $ 363 $ 767 Included in fees, salaries and other employee benefits 654 1,053 Included in project investigation costs 42 18 $ 1,059 $ 1,838 During the year ended December 31, 2018, the Company granted 1,775,000 share options to directors, officers, employees and others providing similar services. The weighted average fair value per option of these share options was calculated as $0.75 using the Black-Scholes option valuation model at the grant date. During the year ended December 31, 2017, the Company granted 530,000 share options to directors, officers, employees and others providing similar services. The weighted average fair value per option of these share options was calculated as $2.01 using the Black-Scholes option valuation model at the grant date. The fair value of the share-based options granted during years ended December 31, 2018 and 2017 were estimated using the Black-Scholes option valuation model with the following weighted average Years ended December 31, 2018 2017 Risk-free interest rate 1.97% 0.94% Expected dividend yield Nil Nil Share price volatility 67% 77% Expected forfeiture rate 0% 0% Expected life in years 4.36 4.34 The risk-free interest rate assumption is based on the Government of Canada benchmark bond yields and treasury bills with a remaining term that approximates the expected life of the share-based options. The expected volatility assumption is based on the historical and implied volatility of the Company’s common shares. The expected forfeiture rate and the expected life in years are based on historical trends. (b) Share purchase warrants The continuity of the number of share purchase warrants is as follows: Warrants outstanding Exercise price Outstanding, December 31, 2016 2,018,877 $ 1.59 Expired (37,150) 1.34 Exercised (1,954,011) 1.60 Outstanding, December 31, 2017 27,716 $ 1.40 Expired (12,716) 1.40 Exercised (15,000) 1.40 Outstanding, December 31, 2018 - -

Related Party Balances and Tran

Related Party Balances and Transactions	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Related Party Balances and Transactions	All transactions with related parties have occurred in the normal course of operations. All amounts are unsecured, non-interest bearing and have no specific terms of settlement, unless otherwise noted. (a) Related parties Years ended December 31, 2018 2017 Universal Mineral Services Ltd. 1 Exploration and evaluation costs: Committee Bay $ 510 $ 529 Homestake 136 352 Peru 179 136 Fees, salaries and other employee benefits 462 574 Insurance 1 2 Legal and professional fees 9 — Marketing and investor relations 70 7 Office and administration 344 419 Project investigation costs 6 10 Regulatory, transfer agent and shareholder information — 17 Total transactions for the year $ 1,717 $ 2,046 1. Universal Mineral Services Ltd., (“UMS”) is a private company with certain directors and officers in common. Pursuant to an agreement dated March 30, 2012 and as amended on December 30, 2015, UMS provides geological, financial and transactional advisory services as well as administrative services to the Company on an ongoing, cost recovery basis. Having these services available through UMS allows the Company to maintain a more efficient and cost-effective corporate overhead structure by hiring fewer full time employees and engaging outside professional advisory firms less frequently. The outstanding balance owing at December 31, 2018 was $262 (December 31, 2017 – $179). In addition, the Company had $150 on deposit with UMS as at December 31, 2018 (December 31, 2017 - $150). During the period, compensation to key management personnel, being the Company’s six executives and six non-executive directors, was as follows: Years ended December 31, 2018 2017 Short-term benefits provided to executives $ 1,624 $ 1,962 Directors fees paid to non-executive directors 152 160 Share-based payments 590 899 $ 2,366 $ 3,021

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Supplemental Cash Flow Information	Years ended December 31, 2018 2017 Increase (decrease) in cash related to: Deferred acquisition costs capitalized in mineral properties $ - $ 65 Deferred financing costs reclassified to share issue costs 10 - Mineral property acquisition costs included in accounts payable 6 -

Segmented Information

Segmented Information	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Segmented Information	The Company operates in one reportable operating segment, being the acquisition, exploration and development of mineral resource properties. Geographic segmentation of non-current assets is as follows: December 31, 2018 Canada Peru Total Restricted cash $ 115 $ - $ 115 Prepaid expenses and deposits, non-current - 198 198 Equipment, net 1,428 97 1,525 Mineral property interests 34,931 4,141 39,072 $ 36,474 $ 4,436 $ 40,910 December 31, 2017 Canada Peru Total Restricted cash $ 115 $ - $ 115 Prepaid expenses and deposits, non-current - 220 220 Equipment, net 1,612 63 1,675 Mineral property interests (restated – note 4) 34,741 2,517 37,258 $ 36,468 $ 2,800 $ 39,268

Loss Per Share

Loss Per Share	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Loss Per Share	Years ended December 30, 2018 2017 (Restated – note 4) Net loss $ 17,674 $ 36,500 Weighted average number of shares outstanding 86,015,208 76,668,827 Basic and diluted loss per share $ 0.21 $ 0.48 All of the outstanding share options and share purchase warrants at December 31, 2018 and 2017 were anti-dilutive for the years then ended as the Company was in a loss position.

Financial Instruments

Financial Instruments	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Financial Instruments	The Company’s financial instruments consist of cash, marketable securities, amounts receivable, deposits, and accounts payable and accrued liabilities. The fair values of these financial instruments approximate their carrying values, unless otherwise noted. The following summarizes fair value hierarchy under which the Company’s financial instruments are valued: Level 1 – fair values based on unadjusted quoted prices in active markets for identical assets or liabilities; Level 2 – fair values based on inputs that are observable for the asset or liability, either directly or indirectly; and Level 3 – fair values based on inputs for the asset or liability that are not based on observable market data. As at December 31, 2018 and 2017 the only financial instruments measured at fair value were the Company’s marketable securities, which were classified under level 1 of the fair value hierarchy. No transfer occurred between the levels during the year. The Company’s financial instruments are exposed to credit risk, liquidity risk, and market risks, which include currency risk and interest rate risk. As at December 31, 2018 the primary risks were as follows: Market risk This is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. Significant market risks to which the Company is exposed are as follows: (i) Foreign currency risk The Company is exposed to currency risk by having balances and transactions in currencies that are different from its functional currency (the Canadian dollar). As at December 31, 2018 and 2017 the Company’s foreign currency exposure related to its financial assets and liabilities held in US dollars as follows: December 31, 2018 December 31, 2017 Financial assets denominated in foreign currencies $ 89 $ 195 Financial liabilities denominated in foreign currencies (57 ) (1 ) Net exposure $ 32 $ 194 A 10% increase or decrease in the US dollar exchange rate would not have a material impact on the Company’s net loss. (ii) Other price risk Other price risk is the risk arising from the effect of changes in market conditions on the Company’s marketable securities. The Company is exposed to other price risk through its held for trading investment in Bravada Gold Corporation (“BVA”), which is listed on the TSX Venture Exchange. A 10% increase or decrease in the BVA share price would not have a material impact on the Company’s net loss.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Income Taxes	(a) Tax losses The Company has accumulated non-capital losses of approximately $49,570 (December 31, 2017 – $43,352) in Canada, which may be carried forward to reduce taxable income of future years. The non-capital losses will, if unused, expire in: Year of Expiry Total 2025 $ 656 2026 624 2027 1,219 2029 2,276 2030 2,684 2031 2,775 2032 4,048 2033 3,662 2034 2,673 2035 11,111 2036 7,175 2037 5,457 2038 5,029 $ 49,389 The Company also has non-capital losses in Peru of $1,206 (December 31, 2017 - $354), which, if unused, will expire between 2020 and 2022. The Company has accumulated capital losses $661 (December 31, 2017 – $661) in Canada which may be carried forward indefinitely and used to reduce capital gains in future years. (b) Income tax recovery provision The reconciliation of the income tax recovery computed at statutory rates to the reported income tax recovery is: Year ended December 31, 2018 Year ended December 31, 2017 (Restated – note 4) Loss before income taxes $ (17,674 ) $ (36,500 ) Canadian federal and provincial income tax rates 27 % 26 % Expected income tax recovery (4,772 ) (9,490 ) Increase (decrease) in income tax recovery resulting from: Share-based compensation 286 478 Share issuance costs (469 ) (588 ) Adjustment to tax estimates (48 ) 991 Amortization of flow-through share premium (634 ) (1,551 ) Flow-through expenditures renunciation 2,542 5,800 Difference in future and foreign tax rates (111 ) (871 ) Other (40 ) (43 ) Increase (decrease) in unrecognized tax asset 3,246 5,274 Income tax recovery $ - $ - (c) Significant components of the deferred tax assets and liabilities are: December 31, 2017 (Restated – note 4) Net loss Equity December 31, 2018 Deferred Income tax assets Non-capital losses carried forward $ 12,260 $ 1,430 $ - $ 13,690 Capital losses carried forward 45 - - 45 Share issuance costs & CEC 740 - 173 913 Investments 47 32 - 79 Site reclamation obligations 448 63 - 511 Property, plant & equipment 136 61 - 197 Mineral property interests 5,799 1,262 - 7,061 Peruvian VAT Receivable 227 128 355 19,702 2,976 173 22,851 Deferred income tax liabilities Mineral property interests (1,188 ) 237 - (951 ) FX on intercompany 36 (140 ) - (104 ) Net deferred tax assets 18,550 3,073 173 21,796 Unrecognized deferred tax assets (18,550 ) (3,073 ) (173 ) (21,796 ) Net deferred tax balance $ - $ - $ - $ - December 31, 2016 (Restated – note 4) Net loss Equity December 31, 2017 (Restated – note 4) Deferred Income tax assets Non-capital losses carried forward $ 10,881 $ 1,379 $ - $ 12,260 Capital losses carried forward 43 2 - 45 Share issuance costs & CEC 500 - 240 740 Investments 19 28 - 47 Site reclamation obligations 454 (6 ) - 448 Property, plant & equipment 68 68 - 136 Mineral property interests 1,270 4,529 - 5,799 Peruvian VAT Receivable 43 184 227 FX on intercompany (3 ) 39 36 13,275 6,223 240 19,738 Deferred income tax liabilities Mineral property interests - (1,188 ) - (1,188 ) Net deferred tax assets 13,275 (5,035 ) 240 18,550 Unrecognized deferred tax assets (13,275 ) 5,035 (240 ) (18,550 ) Net deferred tax balance $ - $ - $ - $ -

Management of Capital

Management of Capital	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Management of Capital	The Company’s objectives when managing capital are to safeguard the Company’s ability to continue as a going concern in order to pursue acquisition, exploration and development of resource properties, and to maintain a flexible capital structure which optimizes the costs of capital at an acceptable risk. The capital of the Company is determined as follows: Year ended December 31, 2018 2017 (Restated - note 4) Equity $ 40,479 $ 40,859 Less cash 1,653 2,474 $ 38,826 $ 38,385 The Company manages the capital structure and makes adjustments to it in light of changes in economic conditions and the risk characteristics of the underlying assets. To maintain or adjust the capital structure, the Company may issue new shares or debt, acquire or dispose of assets or adjust the amount of cash and investments. In order to maximize ongoing development efforts, the Company does not pay out dividends, does not have any long-term debt and is not subject to any externally imposed capital requirements. The Company currently has sufficient working capital and is able to meet its ongoing current obligations as they become due. However, the Company will likely require additional capital in the future to meet its project related expenditures. Future liquidity will depend upon the Company’s ability to arrange additional debt or equity financing, as the Company relies on equity financings to fund its exploration and corporate activities.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Subsequent Events	On March 15, 2019, the Company announced a non-brokered private placement for gross proceeds of $3,500. The placement will consist of approximately 2,187,500 common shares (the “Shares”) priced at CAD$1.60 per Share (the “2019 Offering”). The Company intends to use the net proceeds from the 2019 Offering to fund continued surface exploration at its Sombrero copper-gold project located in Ayacucho, Peru and for general working capital. The Shares issued under the 2019 Offering will be subject to a four-month hold period and will not be registered in the United States. Commissions may be paid on a portion of the proceeds from the 2019 Offering. Closing of the 2019 Offering is anticipated to occur on or before March 29, 2019 and is subject to customary closing conditions including, but not limited to the negotiation, execution of subscription agreements and receipt of applicable regulatory approvals, including approval of the Toronto Stock Exchange.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Foreign currency translation	The financial statements of the Company and each of its subsidiaries are prepared in its functional currency determined on basis of the primary economic environment in which such entities operate. The presentation and functional currency of the Company and each of its Canadian subsidiaries is the Canadian dollar while the functional currency of its Peruvian entities in the United States dollar. Amounts in these financial statements denominated in United States dollars are denoted as US$. Transactions in currencies other than the functional currency are recorded at the rates of exchange prevailing at the transaction dates. At each reporting date, monetary items denominated in foreign currencies are translated into the entity’s functional currency at the then prevailing rates and non-monetary items measured at historical cost are translated into the entity’s functional currency at rates in effect at the date the transaction took place. Exchange differences arising on the settlement of monetary items or on translating monetary items at rates different from those at which they were translated on initial recognition during the period or in previous financial statements are included in the consolidated statements of loss and comprehensive loss for the period in which they arise.
Cash and cash equivalents	Cash and cash equivalents consist of highly liquid short-term investments that are readily convertible to cash and have maturities with terms of less than ninety days and/or with original maturities over ninety days but redeemable on demand without penalty. As at December 31, 2018 and 2017, the Company did not have any cash equivalents.
Equipment	Equipment is stated at cost less accumulated amortization and impairment losses. Amortization is calculated using the straight-line method over the estimated useful lives as follows: Camp and field equipment 5-10 years Machinery and heavy equipment 5-10 years
Mineral property interests and exploration expenditures	Effective January 1, 2018, the Company elected to change its accounting policy for exploration and evaluation costs. As a result of this voluntary change in accounting policy, the Company has retrospectively restated certain prior period amounts within these consolidated financial statements to be in accordance with this new policy. The voluntary change in policy and the impact on prior period amounts is detailed in note 4. The revised accounting policy for exploration and evaluation costs and mineral property interests is as follows: Title to mineral properties involves certain inherent risks due to the difficulties of determining the validity of certain claims as well as the potential for problems arising from the frequently ambiguous conveyancing historical characteristic of many properties. The Company has investigated title to all of its mineral properties and, to the best of its knowledge title to all of its properties is in good standing. The Company accounts for mineral property interests in accordance with IFRS 6 – Exploration for and evaluation of mineral properties (“IFRS 6”). Costs directly related to acquiring the legal right to explore a mineral property including acquisition of licenses, mineral rights, and similar acquisition costs are recognized and capitalized as mineral property interests. Acquisition costs incurred in obtaining the legal right to explore a mineral property are deferred until the legal right is granted and thereon reclassified to mineral property interests. Transaction costs incurred in acquiring an asset are deferred until the transaction is completed and then included in the purchase price of the asset acquired. Once the legal right to explore a property has been acquired, costs directly related to exploration and evaluation activities, including but not limited to researching and analyzing existing exploration data, conducting geological studies, exploration drilling and sampling, payments made to contractors and consultants in connection with the exploration and evaluation of the property, are expensed in the period in which they are incurred as exploration and evaluation costs on the consolidated statement of loss and comprehensive loss. Costs not directly attributable to exploration and evaluation activities, including general administrative overhead costs, are expensed as administrative costs in the period in which they occur. As the Company currently has no operational income, any incidental revenues earned in connection with exploration activities are applied as a reduction to exploration and evaluation costs. When a project is deemed to no longer have commercially viable prospects to the Company, all capitalized acquisition costs in respect of that project are deemed to be impaired. As a result, those costs, in excess of the estimated recoverable amount, are written off to the consolidated statement of loss and comprehensive loss. The Company assesses mineral property interests for impairment when facts and circumstances suggest that the carrying amount of the asset may exceed its recoverable amount. The recoverable amount is the higher of the asset’s fair value less costs to sell and its value in use. Once the technical feasibility and commercial viability of extracting the mineral resources has been determined, the property is considered to be a mine under development at which point the assets and further related costs no longer fall under the guidance of IFRS 6.
Provisions	Provisions are recorded when a present legal or constructive obligation exists as a result of past events where it is probable that an outflow of resources embodying economic benefit will be required to settle the obligation, and a reliable estimate of the amount of the obligation can be made.
Provision for site reclamation and closure	An obligation to incur rehabilitation and site restoration costs arises when an environmental disturbance is caused by the exploration, development or on-going production of a mineral property interest. Such costs arising from the decommissioning of plant and other site preparation work, discounted to their net present value, are provided for and capitalized at the start of each project, as soon as the obligation to incur such costs arises. These costs are charged to the statement of loss and comprehensive loss over the life of the operation through amortization and the unwinding of the discount in the provision. Costs for restoration of subsequent site damage, which is created on an on-going basis during production, are provided for at their estimated net present values and charged against earnings as extraction progresses.
Impairment of non-financial assets	At each reporting date, the Company reviews the carrying amounts of its assets to determine whether there are any indicators of impairment. If any such indicator exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment, if any. Where the asset does not generate cash inflows that are independent from other assets, the Company estimates the recoverable amount of the cash-generating unit (“CGU”) to which the asset belongs. Any intangible asset with an indefinite useful life is tested for impairment annually and whenever there is an indication that the asset may be impaired. An asset’s recoverable amount is the higher of fair value less costs of disposal and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value, using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which estimates of future cash flows have not been adjusted. If the recoverable amount of an asset or CGU is estimated to be less than its carrying amount, the carrying amount is reduced to the recoverable amount and an impairment loss is recognized immediately in the statement of loss and comprehensive loss. Where an impairment subsequently reverses, the carrying amount is increased to the revised estimate of recoverable amount but only to the extent that this does not exceed the carrying value that would have been determined if no impairment had previously been recognized. A reversal of impairment is recognized in the statement of loss and comprehensive loss.
Flow-through common shares	Canadian income tax legislation permits companies to issue flow-through instruments whereby the income tax deductions generated by eligible expenditures of the Company, defined in the Income Tax Act (Canada) as qualified Canadian exploration expenses (“CEE”), are claimed by the investors rather than by the Company. Shares issued on a flow-through basis are typically sold at a premium above the market share price which relates to the tax benefits that will flow through to the investors. The Company often issues flow-through shares as part of its equity financing transactions in order to fund its Canadian exploration activities. The Company estimates the portion of the proceeds attributable to the premium as being the excess of the flow-through share price over the market share price of the common shares without the flow-through feature at the time of issuance. The premium is recorded as a liability which represents the Company’s obligation to spend the flow-through funds on eligible expenditures and is amortized through the statement of loss as the eligible expenditures are incurred.
Loss per share	Basic loss per share is calculated by dividing the net loss available to common shareholders by the weighted average number of shares outstanding during the reporting period. The diluted loss per share is calculated by dividing the net loss available to common shareholders by the weighted average number of shares outstanding on a diluted basis. The weighted average number of shares outstanding on a diluted basis takes into account the additional shares for the assumed exercise of share options and warrants, if dilutive. The number of additional shares is calculated by assuming that outstanding share options were exercised and that the proceeds from such exercises were used to acquire common shares at the average market price during the reporting period.
Share-based compensation	From time to time, the Company grants share options to employees and non-employees. An individual is classified as an employee, versus a non-employee, when the individual is an employee for legal or tax purposes (direct employee) or provides services similar to those performed by a direct employee. The fair value of share options, measured using the Black-Scholes option pricing model at the date of grant, is charged to the consolidated statement of loss and comprehensive loss over the vesting period. Performance vesting conditions and forfeitures are taken into account by adjusting the number of equity instruments expected to vest at each reporting date so that, ultimately, the cumulative amount recognized over the vesting period is based on the number of options that eventually vest. Where the terms and conditions of options are modified before they vest, any change in the fair value of the options, measured immediately before and after the modification, is also charged to the consolidated statement of loss and comprehensive loss over the remaining vesting period. Equity instruments granted to non-employees are recorded in the consolidated statement of loss and comprehensive loss at the fair value of the goods or services received, unless they are related to the issuance of shares. Amounts related to the issuance of shares are recorded as a reduction of share capital. When the value of goods or services received in exchange for a share-based payment cannot be reliably estimated, the fair value is measured by use of a valuation model. The expected life used in the model is adjusted, based on management’s best estimate, for the effects of non-transferability, exercise restrictions, and behavioral considerations. All equity-settled share-based payments are recorded in share option and warrant reserve until exercised. Upon exercise, shares are issued from treasury and the amount previously recorded in share option and warrant reserve is reclassified to share capital along with any consideration paid.
Income taxes	Income tax reported in the consolidated statement of loss and comprehensive loss for the period presented comprises current and deferred income tax. Income tax is recognized in the consolidated statement of loss and comprehensive loss except to the extent that it relates to items recognized directly in equity, in which case it is recognized in equity. Current income tax for each taxable entity in the Company is based on the local taxable income at the local statutory tax rate enacted or, substantively enacted, at the reporting date and includes any adjustments to tax payable or recoverable with regards to previous periods. Deferred income tax is determined using the liability method, providing for temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. The amount of deferred income tax provided is based on the expected manner of realization or settlement of the carrying amount of assets and liabilities, using the expected future tax rates enacted or substantively enacted at the reporting date. A deferred income tax asset is recognized only to the extent that it is probable that future taxable profits will be available against which the asset can be utilized. Deferred tax assets are reduced to the extent that it is no longer probable that the related tax benefit will be realized. Deferred income tax assets and liabilities are offset only when there is a legally enforceable right to set off current tax assets against current tax liabilities, when they relate to income taxes levied by the same taxation authority and the Company intends to settle its tax assets and liabilities on a net basis.
Financial instruments	The Company recognizes financial assets and liabilities on its consolidated statement of financial position when it becomes a party to the contract creating the asset or liability. On initial recognition, all financial assets and liabilities are recorded by the Company at fair value, net of attributable transaction costs, except for financial assets and liabilities classified as FVTPL for which transaction costs are expensed in the period in which they are incurred. Amortized cost Financial assets that meet the following conditions are measured subsequently at amortized cost: ● the financial asset is held within a business model whose objective is to hold financial assets in order to collect contractual cash flows, and ● the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. The amortized cost of a financial asset is the amount at which the financial asset is measured at initial recognition minus the principal repayments, plus the cumulative amortization using effective interest method of any difference between that initial amount and the maturity amount, adjusted for any loss allowance. Interest income is recognized using the effective interest method. The Company's financial assets at amortized cost primarily include cash, restricted cash, amounts receivable and deposits. Fair value through other comprehensive income ("FVTOCI") Financial assets that meet the following conditions are measured at FVTOCI: ● The financial asset is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets, and ● The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. The Company does not have any financial assets classified as FVTOCI. On initial recognition, the Company may make an irrevocable election (on an instrument-by-instrument basis) to designate investments in equity instruments that would otherwise be measured at fair value through profit or loss to present subsequent changes in fair value in other comprehensive income. Designation at FVTOCI is not permitted if the equity investment is held for trading or if it is contingent consideration recognized by an acquirer in a business combination. Investments in equity instruments at FVTOCI are initially measured at fair value plus transaction costs. Subsequently, they are measured at fair value with gains and losses arising from changes in fair value recognized in OCI. The cumulative gain or loss is not reclassified to profit or loss on disposal of the equity instrument, instead, it is transferred to retained earnings. Financial assets measured subsequently at fair value through profit or loss (“FVTPL”) By default, all other financial assets are measured subsequently at FVTPL. The Company, at initial recognition, may also irrevocably designate a financial asset as measured at FVTPL if doing so eliminates or significantly reduces a measurement or recognition inconsistency that would otherwise arise from measuring assets or liabilities or recognizing the gains and losses on them on different bases. Financial assets measured at FVTPL are measured at fair value at the end of each reporting period, with any fair value gains or losses recognized in profit or loss to the extent they are not part of a designated hedging relationship. Fair value is determined in the manner described in note 19. The Company's financial assets at FVTPL include its equity investment in Bravada Gold Corporation (“BVA”). Financial liabilities and equity Debt and equity instruments are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all its liabilities. Equity instruments issued by the Company are recognized at the proceeds received, net of direct issue costs. Repurchase of the Company’s own equity instruments is recognized and deducted directly in equity. No gain or loss is recognized in profit or loss on the purchase, sale, issue or cancellation of the Company’s own equity instruments. Financial liabilities that are not contingent consideration of an acquirer in a business combination, held for trading or designated as at FVTPL, are measured at amortized cost using effective interest method. The Company's financial liabilities at amortized cost primarily include accounts payable and accrued liabilities. Financial instruments designated as hedging instruments The Company does not currently apply nor have a past practice of applying hedge accounting to financial instruments. Impairment The Company recognizes a loss allowance for expected credit losses on its financial assets. The amount of expected credit losses is updated at each reporting period to reflect changes in credit risk since initial recognition of the respective financial instruments.
Comprehensive loss	Other comprehensive loss is the change in net assets arising from transactions and other events and circumstances from non-owner sources. Comprehensive loss comprises net loss and other comprehensive loss. Financial assets that are classified as FVTOCI (none as at December 31, 2018 or 2017) will have gains and losses included in other comprehensive loss. Foreign currency translation differences arising on translation of foreign subsidiaries are also included in other comprehensive loss.
Changes in accounting standards	· Revenue Recognition Effective January 1, 2018 the Company adopted IFRS 15 – Revenue from Contracts with Customers ("IFRS 15") which supersedes IAS 11 – Construction Contracts, IAS 18 – Revenue, IFRIC 13 – Customer Loyalty Programs, IFRIC 15 – Agreements for the Construction of Real Estate, IFRIC 18 – Transfers of Assets from Customers, and SIC 31 – Revenue – Barter Transactions Involving Advertising Services. IFRS 15 establishes a single five-step model framework for determining the nature, amount, timing and uncertainty of revenue and cash flows arising from a contract with a customer. The adoption of this standard did not impact the Company’s financial statements, as currently the Company does not earn revenues. · Financial instruments Effective January 1, 2018 the Company adopted IFRS 9 – Financial Instruments ("IFRS 9") which replaces IAS 39 – Financial Instruments: Recognition and Measurement. IFRS 9 provides a revised model for recognition and measurement of financial instruments and a single, forward-looking “expected loss” impairment model. IFRS 9 also includes a substantially reformed approach to hedge accounting. The adoption of this standard did not impact the Company’s financial statements as currently the Company does not hold any financial instruments for which the underlying accounting was impacted. ii) New and amended accounting standards not yet effective for the year ended December 31, 2018 Leases In January 2016, the IASB published a new accounting standard, IFRS 16 - Leases ("IFRS 16") which supersedes IAS 17 - Leases. IFRS 16 applies a control model to the identification of leases, distinguishing between a lease and a service contract on the basis of whether the customer controls the asset. Control is considered to exist if the customer has the right to obtain substantially all of the economic benefits from the use of an identified asset and the right to direct the use of that asset during the term of the lease. For those assets determined to meet the definition of a lease, IFRS 16 introduces significant changes to the accounting by lessees, introducing a single, on balance sheet accounting model that is similar to the current finance lease accounting, with limited exceptions for short-term leases or leases of low value assets. The Company will adopt IFRS 16 on its effective date of January 1, 2019 retrospectively, with the cumulative effect of initially applying the standard as an adjustment to retained earnings and no restatement of comparative information. The Company will make the following elections under IFRS 16: · to measure its right of use assets at amounts equal to the associated lease liabilities; · to apply the available exemptions as permitted by IFRS 16 to recognize a lease expense on a straight line basis for short term leases (lease term of 12 months or less) and low value assets; and · to apply the practical expedient whereby leases whose term ends within 12 months of the date of initial application would be accounted for in the same way as short term leases. The Company does not expect the adoption of IFRS 16 to have a material impact on its financial statements. Due to the seasonality of the Company’s exploration programs, many of its exploration contracts are short term in nature and therefore will be exempt for the recognition provisions of IFRS 16.

Basis of Presentation (Tables)

Basis of Presentation (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of subsidiaries	Subsidiary Place of incorporation Functional Currency Beneficial Interest North Country Gold Corp. (“North Country”) BC, Canada CAD 100% Homestake Resource Corporation (“Homestake”) BC, Canada CAD 100% Corisur Peru, S.A.C. (“Corisur”) Peru USD 100% Sombrero Minerales, S.A.C. (“Sombrero”) Peru USD 100% Homestake Royalty Corporation (inactive) BC, Canada CAD 100%

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of estimated useful lives of property, plant and equipment	Camp and field equipment 5-10 years Machinery and heavy equipment 5-10 years

Change in Accounting Policy (Ta

Change in Accounting Policy (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Effects of voluntary change in accounting policy	Statements of Financial Position As at January 1, 2017 As previously reported Adjustment Restated Mineral property interests $ 58,815 $ (22,765 ) $ 36,050 Accumulated other comprehensive income (loss) (29 ) 11 (18 ) Deficit 11,743 22,754 34,497 As at December 31, 2017 As previously reported Adjustment Restated Mineral property interests $ 95,986 $ (58,728 ) $ 37,258 Accumulated other comprehensive income (loss) 256 (196 ) 60 Deficit 12,073 58,924 70,997 Statements of Loss and Comprehensive Loss Year ended December 31, 2017 As previously reported Adjustment Restated Exploration and evaluation costs $ - $ 36,170 $ 36,170 Loss for the year 330 36,170 36,500 Unrealized currency (gain) loss on translation of foreign operations 285 (207 ) 78 Net comprehensive loss 615 35,963 36,578 Loss per share (basic and diluted) $ 0.00 $ 0.48 $ 0.48 Statement of Cash Flows Year ended December 31, 2017 As previously reported Adjustment Restated Loss for the year $ 330 $ 36,170 $ 36,500 Share-based compensation 1,071 767 1,838 Depreciation of fixed assets - 253 253 Changes in non-cash working capital Prepaid expenses and deposits (901 ) 15 (886 ) Accounts payable and accrued liabilities 140 139 279 Cash used in operating activities (6,321 ) (34,996 ) (41,317 ) Exploration and evaluation costs (36,319 ) 36,319 - Acquisition of mineral property interests - (1,323 ) (1,323 ) Cash used in investing activities (36,222 ) 34,996 (1,226 )

Cash and Restricted Cash (Table

Cash and Restricted Cash (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of cash and cash and restricted cash	December 31, 2018 December 31, 2017 Components of cash and restricted cash: Cash $ 1,653 $ 2,474 Restricted cash 115 115 $ 1,768 $ 2,589

Prepaid Expenses and Deposits (

Prepaid Expenses and Deposits (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of prepaid expenses and deposits	December 31, 2018 December 31, 2017 Prepaid and deposits related to exploration and evaluation expenditures $ 519 $ 730 Other prepaid expenses and deposits 396 437 Total prepaid expenses and deposits 915 1,167 Less: Non-current portion 198 220 Current prepaid expenses and deposits $ 717 $ 947

Mineral Property Interests (Tab

Mineral Property Interests (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of work expenditures and cash payments for acquisition of mineral property rights	Mollecruz Option Due Dates Payment & Work Expenditure Status Property Payments (in ‘000 US$) Work Expenditures (in ‘000 US$) Effective Date (June 22, 2018) Completed 50 - June 22, 2019 50 150 June 22, 2020 100 150 June 22, 2021 200 500 June 22, 2022 300 700 June 22, 2023 900 1,500 Total 1,600 3,000 Aceros Option Due Dates Payment & Work Expenditure Status Property Payments (in ‘000 US$) Work Expenditures (in ‘000 US$) Effective Date (December 13, 2018) Completed 140 - December 13, 2019 60 150 December 13, 2020 250 500 December 13, 2021 350 1,500 December 13, 2022 - 3,000 Total 800 5,150 Huilacollo Due Dates Payment & Work Expenditure Status Property Payments (in ‘000 US$) Work Expenditures (in ‘000 US$) Effective Date (May 11, 2016) Completed 250 - May 11, 2018 Completed 500 2,000 May 11, 2019 - 3,000 May 11, 2020 250 - May 11, 2021 250 2,000 May 11, 2022 7,500 - Total 8,750 7,000 Baños del Indio Due Dates Payment & Work Expenditure Status Property Payments (in ‘000 US$) Work Expenditures (in ‘000 US$) Effective Date (September 22, 2016) Completed 100 - September 22, 2017 Completed 100 - September 22, 2018* Deferred* 100 200 September 22, 2019* 200 250 September 22, 2020* 150 1,000 September 22, 2021* 2,500 2,000 Total 3,150 3,450 * Effective September 4, 2018, the Company formally declared the existence of a force majeure event under the Baños Option thereby deferring the Company’s obligation to make the September 22, 2018 property payment and any subsequent property payments and work expenditures. Despite the Company acting in good faith in its negotiations with the community, the Company, to date, has been unable to reach an access agreement in order to initiate its exploration program on the Baños properties. The Company plans to continue to work towards the resolution of this matter.
Disclosure of mineral property acquisition costs	Committee Bay & Gibson MacQuoid Homestake Ridge Peru Total Balance at December 31, 2016 (Restated – note 4) $ 18,725 $ 16,060 $ 1,265 $ 36,050 Additions 80 - 1,308 1,388 Change in estimate of provision for site reclamation and closure (124 ) - - (124 ) Currency translation adjustment - - (56 ) (56 ) Balance at December 31, 2017 (Restated – note 4) $ 18,681 $ 16,060 $ 2,517 $ 37,258 Additions - - 1,392 1,392 Change in estimate of provision for site reclamation and closure 190 - - 190 Currency translation adjustment - - 232 232 Balance at December 31, 2018 $ 18, 871 $ 16,060 $ 4,141 $ 39,072

Equipment (Tables)

Equipment (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of property, plant and equipment	Camp and field equipment Machinery and equipment Total Cost Balance at December 31, 2016 $ 1,217 $ 829 $ 2,046 Additions 144 - 144 Currency translation adjustment (3 ) - (3 ) Balance at December 31, 2017 $ 1,358 $ 829 $ 2,187 Additions 109 - 109 Currency translation adjustment 4 - 4 Balance at December 31, 2018 $ 1,471 $ 829 $ 2,300 Accumulated depreciation Balance at December 31, 2016 $ (145 ) $ (115 ) $ (260 ) Depreciation (149 ) (104 ) (253 ) Currency translation adjustment 1 - 1 Balance at December 31, 2017 $ (293 ) $ (219 ) $ (512 ) Depreciation (158 ) (104 ) (262 ) Currency translation adjustment (1 ) - (1 ) Balance at December 31, 2018 $ (452 ) $ (323 ) $ (775 ) Net book value Balance at December 31, 2017 $ 1,065 $ 610 $ 1,675 Balance at December 31, 2018 $ 1,019 $ 506 $ 1,525

Flow-through Share Premium Li_2

Flow-through Share Premium Liability (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Summary of the flow-through financings and the related flow-through share premium liability	Shares issued Flow-through share price Premium per flow-through share Flow-through premium liability January 24, 2017 4,590,818 $ 5.01 $ 1.34 $ 6,151 March 23, 2018* 1,091,826 $ 2.35 $ 0.67 737 August 16, 2018 4,299,375 $ 1.60 - $1.87 $ 0.30 - $0.57 1,742 9,982,019 $ 8,630 * Note that the March 23, 2018 flow-through shares were priced in USD with a flow-through price per share of US$1.82 and a flow-through premium of US$0.52 per share.
Disclosure of flow-through share liability activity	Flow-through funding and expenditures BC Nunavut Total Flow-through premium liability Balance at January 1, 2017 $ - $ - $ - $ - Flow-through funds raised 7,500 15,500 23,000 6,151 Flow-through eligible expenditures (6,807 ) (15,500 ) (22,307 ) (5,966 ) Balance at December 31, 2017 693 - 693 185 Flow-through funds raised 1,870 8,023 9,893 2,479 Flow-through eligible expenditures (1,826 ) (7,590 ) (9,416 ) (2,347 ) Balance at December 31, 2018 $ 737 $ 433 $ 1,170 $ 317

Provision for Site Reclamatio_2

Provision for Site Reclamation and Closure (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of other provisions	December 31, 2018 December 31, 2017 Opening balance $ 1,662 $ 1,747 Accretion 39 39 Change in estimate 190 (124 ) Closing balance $ 1,891 $ 1,662

Exploration and Evaluation Co_2

Exploration and Evaluation Costs (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Exploration and evaluation costs	For the year ended December 31, 2018, the Company’s exploration and evaluation costs are broken down as follows: Committee Bay & Gibson MacQuoid Homestake Ridge Peru Total Assaying $ 695 $ 111 $ 171 $ 977 Exploration drilling 1,368 391 307 2,066 Camp cost, equipment and field supplies 767 269 775 1,811 Geological consulting services 526 201 945 1,672 Geophysical analysis - - 212 212 Permitting, environmental and community costs 302 107 885 1,294 Expediting and mobilization 256 93 35 384 Salaries and wages 1,455 327 406 2,188 Fuel and consumables 110 67 22 199 Aircraft and travel 2,893 475 119 3,487 Share based compensation 129 46 188 363 Total for the year ended December 31, 2018 $ 8,501 $ 2,087 $ 4,065 $ 14,653 For the year ended December 31, 2017, the Company’s exploration and evaluation costs are broken down as follows: Committee Bay & Gibson MacQuoid Homestake Ridge Peru Total Assaying $ 1,297 $ 357 $ 153 $ 1,807 Exploration drilling 4,936 1,820 178 6,934 Camp cost, equipment and field supplies 1,116 679 1,220 3,015 Geological consulting services 1,810 785 1,718 4,313 Geophysical analysis 366 86 210 662 Permitting, environmental and community costs 440 186 1,065 1,691 Expediting and mobilization 742 176 50 968 Salaries and wages 2,043 866 312 3,221 Fuel and consumables 1,858 231 24 2,113 Aircraft and travel 8,557 1,618 528 10,703 Share based compensation 343 149 275 767 Recoveries - (24 ) - (24 ) Total for the year ended December 31, 2017 $ 23,508 $ 6,929 $ 5,733 $ 36,170

Share Capital (Tables)

Share Capital (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of classes of share capital	A reconciliation of the impact of the August 2018 Offering on share capital is as follows: Number of common shares Impact on share capital Nunavut flow-through shares issued at $1.60 per share 2,084,375 $ 3,335 Nunavut charity flow-through shares issued at $1.75 per share 1,215,000 2,126 BC charity flow-through shares issued at $1.87 per share 1,000,000 1,870 Share issue costs - (400 ) Proceeds net of share issue costs 4,299,375 6,931 Flow-through share premium liability - (1,742 ) 4,299,375 $ 5,189 A reconciliation of the impact of the March 2018 Offering on share capital is as follows: Number of common shares Impact on share capital Common shares issued at US$1.30 per share 6,015,385 $ 10,054 Flow-through shares issued at US$1.82 per share 1,091,826 2,561 Share issue costs - (1,336 ) Proceeds net of share issue costs 7,107,211 11,279 Flow-through share premium liability - (737 ) 7,107,211 $ 10,542 A reconciliation of the impact of the 2017 Offering on share capital is as follows: Number of common shares Impact on share capital Common shares issued at $3.67 per share 4,951,584 $ 18,172 Flow-through shares issued at $5.01 per share 4,590,818 23,000 Cash share issue costs - (2,261 ) Proceeds net of share issue costs 9,542,402 38,911 Flow-through share premium liability - (6,151 ) 9,542,402 $ 32,760

Share Option and Warrant Rese_2

Share Option and Warrant Reserves (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of share option activity	Number of share options Weighted average exercise price Outstanding, December 31, 2016 4,753,000 $ 1.77 Granted 530,000 3.19 Exercised (453,000 ) 1.18 Expired (20,000 ) 2.63 Outstanding, December 31, 2017 4,810,000 $ 1.97 Granted 1,775,000 1.42 Exercised (220,000 ) 0.91 Expired (103,750 ) 2.35 Forfeited (56,250 ) 1.60 Outstanding, December 31, 2018 6,205,000 $ 1.85
Disclosure of share options outstanding and exercisable	Outstanding Exercisable Expiry date Number of options Exercise price Remaining contractual life (years) Number of options Exercise price Remaining contractual life (years) Feb 17, 2019 850,000 $ 0.51 0.13 850,000 $ 0.51 0.13 Aug 17, 2020 960,000 1.30 1.63 960,000 1.30 1.63 June 21, 2021 2,195,000 2.63 2.47 2,195,000 2.63 2.47 Jan 10, 2022 440,000 3.22 3.03 440,000 3.22 3.03 May 5, 2022 65,000 3.04 3.35 65,000 3.04 3.35 June 20, 2023 795,000 1.42 4.47 397,500 1.42 4.47 June 26, 2023 900,000 1.42 4.49 450,000 1.42 4.49 6,205,000 $ 1.85 2.62 5,357,500 $ 1.92 2.32
Disclosure of share-based payments	Years ended December 31, 2018 2017 (Restated – note 4) Recognized in net loss: Included in exploration and evaluation costs $ 363 $ 767 Included in fees, salaries and other employee benefits 654 1,053 Included in project investigation costs 42 18 $ 1,059 $ 1,838
Disclosure of assumptions	Years ended December 31, 2018 2017 Risk-free interest rate 1.97 % 0.94 % Expected dividend yield Nil Nil Share price volatility 67 % 77 % Expected life in years 4.36 4.34
Disclosure of warrant activity	Warrants outstanding Exercise price Outstanding, December 31, 2016 2,018,877 $ 1.59 Expired (37,150 ) 1.34 Exercised (1,954,011 ) 1.60 Outstanding, December 31, 2017 27,716 $ 1.40 Expired (12,716 ) 1.40 Exercised (15,000 ) 1.40 Outstanding, December 31, 2018 - -

Related Party Balances and Tr_2

Related Party Balances and Transactions (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of related party transactions	Years ended December 31, 2018 2017 Universal Mineral Services Ltd. 1 Exploration and evaluation costs: Committee Bay $ 510 $ 529 Homestake 136 352 Peru 179 136 Fees, salaries and other employee benefits 462 574 Insurance 1 2 Legal and professional fees 9 — Marketing and investor relations 70 7 Office and administration 344 419 Project investigation costs 6 10 Regulatory, transfer agent and shareholder information — 17 Total transactions for the year $ 1,717 $ 2,046

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of supplemental cash flow information	Years ended December 31, 2018 2017 Increase (decrease) in cash related to: Deferred acquisition costs capitalized in mineral properties $ - $ 65 Deferred financing costs reclassified to share issue costs 10 - Mineral property acquisition costs included in accounts payable 6 -

Segmented Information (Tables)

Segmented Information (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of operating segments	December 31, 2018 Canada Peru Total Restricted cash $ 115 $ - $ 115 Prepaid expenses and deposits, non-current - 198 198 Equipment, net 1,428 97 1,525 Mineral property interests 34,931 4,141 39,072 $ 36,474 $ 4,436 $ 40,910 December 31, 2017 Canada Peru Total Restricted cash $ 115 $ - $ 115 Prepaid expenses and deposits, non-current - 220 220 Equipment, net 1,612 63 1,675 Mineral property interests (restated – note 4) 34,741 2,517 37,258 $ 36,468 $ 2,800 $ 39,268

Loss Per Share (Tables)

Loss Per Share (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of loss per share	Years ended December 30, 2018 2017 (Restated – note 4) Net loss $ 17,674 $ 36,500 Weighted average number of shares outstanding 86,015,208 76,668,827 Basic and diluted loss per share $ 0.21 $ 0.48

Financial Instruments (Tables)

Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of currency exposure	December 31, 2018 December 31, 2017 Financial assets denominated in foreign currencies $ 89 $ 195 Financial liabilities denominated in foreign currencies (57 ) (1 ) Net exposure $ 32 $ 194

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Schedule of unusued tax losses	Year of Expiry Total 2025 $ 656 2026 624 2027 1,219 2029 2,276 2030 2,684 2031 2,775 2032 4,048 2033 3,662 2034 2,673 2035 11,111 2036 7,175 2037 5,457 2038 5,029 $ 49,389
Schedule of effective income tax rate reconciliation	Year ended December 31, 2018 Year ended December 31, 2017 (Restated – note 4) Loss before income taxes $ (17,674 ) $ (36,500 ) Canadian federal and provincial income tax rates 27 % 26 % Expected income tax recovery (4,772 ) (9,490 ) Increase (decrease) in income tax recovery resulting from: Share-based compensation 286 478 Share issuance costs (469 ) (588 ) Adjustment to tax estimates (48 ) 991 Amortization of flow-through share premium (634 ) (1,551 ) Flow-through expenditures renunciation 2,542 5,800 Difference in future and foreign tax rates (111 ) (871 ) Other (40 ) (43 ) Increase (decrease) in unrecognized tax asset 3,246 5,274 Income tax recovery $ - $ -
Disclosure of deferred tax assets and liabilities	December 31, 2017 (Restated – note 4) Net loss Equity December 31, 2018 Deferred Income tax assets Non-capital losses carried forward $ 12,260 $ 1,430 $ - $ 13,690 Capital losses carried forward 45 - - 45 Share issuance costs & CEC 740 - 173 913 Investments 47 32 - 79 Site reclamation obligations 448 63 - 511 Property, plant & equipment 136 61 - 197 Mineral property interests 5,799 1,262 - 7,061 Peruvian VAT Receivable 227 128 355 19,702 2,976 173 22,851 Deferred income tax liabilities Mineral property interests (1,188 ) 237 - (951 ) FX on intercompany 36 (140 ) - (104 ) Net deferred tax assets 18,550 3,073 173 21,796 Unrecognized deferred tax assets (18,550 ) (3,073 ) (173 ) (21,796 ) Net deferred tax balance $ - $ - $ - $ - December 31, 2016 (Restated – note 4) Net loss Equity December 31, 2017 (Restated – note 4) Deferred Income tax assets Non-capital losses carried forward $ 10,881 $ 1,379 $ - $ 12,260 Capital losses carried forward 43 2 - 45 Share issuance costs & CEC 500 - 240 740 Investments 19 28 - 47 Site reclamation obligations 454 (6 ) - 448 Property, plant & equipment 68 68 - 136 Mineral property interests 1,270 4,529 - 5,799 Peruvian VAT Receivable 43 184 227 FX on intercompany (3 ) 39 36 13,275 6,223 240 19,738 Deferred income tax liabilities Mineral property interests - (1,188 ) - (1,188 ) Net deferred tax assets 13,275 (5,035 ) 240 18,550 Unrecognized deferred tax assets (13,275 ) 5,035 (240 ) (18,550 ) Net deferred tax balance $ - $ - $ - $ -

Management of Capital (Tables)

Management of Capital (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Disclosure of capital	Year ended December 31, 2018 2017 (Restated - note 4) Equity $ 40,479 $ 40,859 Less cash 1,653 2,474 $ 38,826 $ 38,385

Basis of Presentation (Details)

Basis of Presentation (Details)	12 Months Ended
	Dec. 31, 2018
North Country Gold Corp [member]
Disclosure of subsidiaries [line items]
Place of incorporation	BC, Canada
Funtional currency	CAD
Beneficial interest	100.00%
Homestake Resource Corporation [member]
Disclosure of subsidiaries [line items]
Place of incorporation	BC, Canada
Funtional currency	CAD
Beneficial interest	100.00%
Corisur Peru, S.A.C [member]
Disclosure of subsidiaries [line items]
Place of incorporation	Peru
Funtional currency	USD
Beneficial interest	100.00%
Sombero Minerales, S.A.C [member]
Disclosure of subsidiaries [line items]
Place of incorporation	Peru
Funtional currency	USD
Beneficial interest	100.00%
Homestake Royalty Corporation [member]
Disclosure of subsidiaries [line items]
Place of incorporation	BC, Canada
Funtional currency	CAD
Beneficial interest	100.00%

Significant Accounting Polici_4

Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2018
Camp and field equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful life	5-10 years
Machinery and heavy equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful life	5-10 years

Significant Accounting Polici_5

Significant Accounting Policies (Details Narrative) - CAD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
aug_WorkExpendituresIncurredApplyingToFlowthroughShares
Cash equivalents	$ 0	$ 0

Change in Accounting Policy (De

Change in Accounting Policy (Details) - CAD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Disclosure of voluntary change in accounting policy [line items]
Mineral property interests	$ 39,072	$ 37,258	$ 36,050
Accumulated other comprehensive income (loss)	(225)	60	(18)
Deficit	$ 88,671	70,997	34,497
As previously reported
Disclosure of voluntary change in accounting policy [line items]
Mineral property interests		95,986	58,815
Accumulated other comprehensive income (loss)		256	(29)
Deficit		12,073	11,743
Adjustment
Disclosure of voluntary change in accounting policy [line items]
Mineral property interests		(58,728)	(22,765)
Accumulated other comprehensive income (loss)		(196)	11
Deficit		$ 58,924	$ 22,754

Change in Accounting Policy (_2

Change in Accounting Policy (Details 1) - CAD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of voluntary change in accounting policy [line items]
Exploration and evaluation costs	$ 14,653	$ 36,170
Loss for the year	17,674	36,500
Unrealized currency (gain) loss on translation of foreign operations	(285)	78
Net comprehensive loss	$ 17,389	$ 36,578
Loss per share (basic and diluted)	$ .21	$ .48
As previously reported
Disclosure of voluntary change in accounting policy [line items]
Exploration and evaluation costs		$ 0
Loss for the year		330
Unrealized currency (gain) loss on translation of foreign operations		285
Net comprehensive loss		$ 615
Loss per share (basic and diluted)		$ (.00)
Adjustment
Disclosure of voluntary change in accounting policy [line items]
Exploration and evaluation costs		$ 36,170
Loss for the year		36,170
Unrealized currency (gain) loss on translation of foreign operations		(207)
Net comprehensive loss		$ 35,963
Loss per share (basic and diluted)		$ .48

Change in Accounting Policy (_3

Change in Accounting Policy (Details 2) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of voluntary change in accounting policy [line items]
Loss for the year	$ 17,674	$ 36,500
Share-based compensation	1,059	1,838
Depreciation of fixed assets	262	253
Prepaid expenses and deposits	342	(886)
Accounts payable and accrued liabilities	(251)	279
Cash used in operating activities	(17,844)	(41,317)
Exploration and evaluation costs		0
Mineral property acquisition costs	(1,386)	(1,323)
Cash used in investing activities	$ (1,438)	(1,226)
As previously reported
Disclosure of voluntary change in accounting policy [line items]
Loss for the year		330
Share-based compensation		1,071
Depreciation of fixed assets		0
Prepaid expenses and deposits		(901)
Accounts payable and accrued liabilities		140
Cash used in operating activities		(6,321)
Exploration and evaluation costs		(36,319)
Mineral property acquisition costs		0
Cash used in investing activities		(36,222)
Adjustment
Disclosure of voluntary change in accounting policy [line items]
Loss for the year		36,170
Share-based compensation		767
Depreciation of fixed assets		253
Prepaid expenses and deposits		15
Accounts payable and accrued liabilities		139
Cash used in operating activities		(34,996)
Exploration and evaluation costs		36,319
Mineral property acquisition costs		(1,323)
Cash used in investing activities		$ 34,996

Cash and Restricted Cash (Detai

Cash and Restricted Cash (Details) - CAD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Components of cash and restricted cash:
Cash	$ 1,653	$ 2,474	$ 2,457
Restricted cash	115	115	$ 115
Cash and restricted cash	$ 1,768	$ 2,589

Cash and Restricted Cash (Det_2

Cash and Restricted Cash (Details Narrative) - CAD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
DisclosureOfCashAndRestrictedCashLineItems [Line Items]
Restricted cash	$ 115	$ 115	$ 115
Standby letter of credit [member]
DisclosureOfCashAndRestrictedCashLineItems [Line Items]
Restricted cash	$ 86	$ 86

Marketable Securities (Details

Marketable Securities (Details Narrative) - CAD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
DisclosureOfMarketableSecuritiesLineItems [Line Items]
Total gains (losses) on financial assets at fair value through profit or loss	$ (239,000)	$ (200,000)
Investement in Bravada common shares [member]
DisclosureOfMarketableSecuritiesLineItems [Line Items]
Share price	70	160
Fair value of marketable securities	186,000	425,000
Total gains (losses) on financial assets at fair value through profit or loss	$ 239,000	$ 200,000

Prepaid Expenses and Deposits_2

Prepaid Expenses and Deposits (Details) - CAD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Prepaid Expenses And Deposits
Prepaid and deposits related to exploration and evaluation expenditures	$ 519	$ 730
Other prepaid expenses and deposits	396	437
Total prepaid expenses and deposits	915	1,167
Less: non-current portion	(198)	(220)	$ 0
Prepaid expenses and deposits	$ 717	$ 947	$ 479

Prepaid Expenses and Deposits_3

Prepaid Expenses and Deposits (Details Narrative) - CAD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
DisclosureOfPrepaidExpensesAndDepositsLineItems [Line Items]
Prepaid and deposits related to exploration and evaluation expenditures	$ 519	$ 730
Non-current portion	198	220	$ 0
Committee Bay mining property [member]
DisclosureOfPrepaidExpensesAndDepositsLineItems [Line Items]
Prepaid and deposits related to exploration and evaluation expenditures	116	384
Peruvian exploration projects [member]
DisclosureOfPrepaidExpensesAndDepositsLineItems [Line Items]
Prepaid and deposits related to exploration and evaluation expenditures	283	268
Non-current portion	$ 198	$ 220

Mineral Property Interests (Det

Mineral Property Interests (Details) $ in Thousands	Dec. 31, 2018USD ($)
Mollecruz mining property [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	$ 1,600
Work expenditures	3,000
Mollecruz mining property [member] | June 22, 2018 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	50
Work expenditures	0
Mollecruz mining property [member] | June 22, 2019 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	50
Work expenditures	150
Mollecruz mining property [member] | June 22, 2020 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	100
Work expenditures	150
Mollecruz mining property [member] | June 22, 2021 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	200
Work expenditures	500
Mollecruz mining property [member] | June 22, 2022 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	300
Work expenditures	700
Mollecruz mining property [member] | June 22, 2023 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	900
Work expenditures	1,500
Aceros mining property [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	800
Work expenditures	5,150
Aceros mining property [member] | December 13, 2018 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	140
Work expenditures	0
Aceros mining property [member] | December 13, 2019 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	60
Work expenditures	150
Aceros mining property [member] | December 13, 2020 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	250
Work expenditures	500
Aceros mining property [member] | December 13, 2021 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	350
Work expenditures	1,500
Aceros mining property [member] | December 13, 2022 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	0
Work expenditures	3,000
Huilacollo mining property [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	8,750
Work expenditures	7,000
Huilacollo mining property [member] | May 11, 2016 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	250
Work expenditures	0
Huilacollo mining property [member] | May 11, 2018 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	500
Work expenditures	2,000
Huilacollo mining property [member] | May 11, 2019 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	0
Work expenditures	3,000
Huilacollo mining property [member] | May 11, 2020 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	250
Work expenditures	0
Huilacollo mining property [member] | May 11, 2021 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	250
Work expenditures	2,000
Huilacollo mining property [member] | May 11, 2022 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	7,500
Work expenditures	0
Ba?os del Indio mining property [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	3,150
Work expenditures	3,450
Ba?os del Indio mining property [member] | September 22, 2016 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	100
Work expenditures	0
Ba?os del Indio mining property [member] | September 22, 2017 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	100
Work expenditures	0
Ba?os del Indio mining property [member] | September 22, 2018 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	100	[1]
Work expenditures	200	[1]
Ba?os del Indio mining property [member] | September 22, 2019 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	200	[1]
Work expenditures	250	[1]
Ba?os del Indio mining property [member] | September 22, 2020 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	150	[1]
Work expenditures	1,000	[1]
Ba?os del Indio mining property [member] | September 22, 2021 [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Property payments	2,500	[1]
Work expenditures	$ 2,000	[1]
[1]	Effective September 4, 2018, the Company formally declared the existence of a force majeure event under the Banos Option thereby deferring the Company's obligation to make the September 22, 2018 property payment and any subsequent property payments and work expenditures. Despite the Company acting in good faith in its negotiations with the community, the Company was unable to reach an access agreement in order to initiate its exploration program on the Banos properties and therefore was unable to satisfy the work commitments. The deferral remains in effect for up to one year.

Mineral Property Interests (D_2

Mineral Property Interests (Details 1) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Balance at beginning	$ 37,258	$ 36,050
Additions	1,392	1,388
Change in estimate of provision for site reclamation and closure	190	(124)
Currency translation adjustment	232	(56)
Balance at ending	39,072	37,258
Nunavut exploration projects [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Balance at beginning	18,681	18,725
Additions	0	80
Change in estimate of provision for site reclamation and closure	190	(124)
Currency translation adjustment	0	0
Balance at ending	18,871	18,681
Homestake Ridge mining property [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Balance at beginning	16,060	16,060
Additions	0	0
Change in estimate of provision for site reclamation and closure	0	0
Currency translation adjustment	0	0
Balance at ending	16,060	16,060
Peruvian exploration projects [member]
DisclosureOfMineralPropertyInterestsLineItems [Line Items]
Balance at beginning	2,517	1,265
Additions	1,392	1,308
Change in estimate of provision for site reclamation and closure	0	0
Currency translation adjustment	232	(56)
Balance at ending	$ 4,141	$ 2,517

Equipment (Details)

Equipment (Details) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of detailed information about property, plant and equipment [line items]
Balance, beginning of the year	$ 1,675	$ 1,786
Additions	109	144
Depreciation	(262)	(253)
Currency translation adjustment	3	(2)
Balance, end of the year	1,525	1,675
Camp and field equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance, beginning of the year	1,065	1,072
Additions	109	144
Depreciation	(158)	(149)
Currency translation adjustment	3	(2)
Balance, end of the year	1,019	1,065
Machinery and heavy equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance, beginning of the year	610	714
Additions	0	0
Depreciation	(104)	(104)
Currency translation adjustment	0	0
Balance, end of the year	506	610
Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance, beginning of the year	2,187	2,046
Additions	109	144
Currency translation adjustment	4	(3)
Balance, end of the year	2,300	2,187
Gross carrying amount [member] | Camp and field equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance, beginning of the year	1,358	1,217
Additions	109	144
Currency translation adjustment	4	(3)
Balance, end of the year	1,471	1,358
Gross carrying amount [member] | Machinery and heavy equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance, beginning of the year	829	829
Additions	0	0
Currency translation adjustment	0	0
Balance, end of the year	829	829
Accumulated depreciation and amortisation [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance, beginning of the year	(512)	(260)
Depreciation	(262)	(253)
Currency translation adjustment	(1)	1
Balance, end of the year	(775)	(512)
Accumulated depreciation and amortisation [member] | Camp and field equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance, beginning of the year	(293)	(145)
Depreciation	(158)	(149)
Currency translation adjustment	(1)	1
Balance, end of the year	(452)	(293)
Accumulated depreciation and amortisation [member] | Machinery and heavy equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance, beginning of the year	(219)	(115)
Depreciation	(104)	(104)
Currency translation adjustment	0	0
Balance, end of the year	$ (323)	$ (219)

Flow-through Share Premium Li_3

Flow-through Share Premium Liability (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018CAD ($)shares
DisclosureOfFlowThroughSharePremiumLiabilityLineItems [Line Items]
Shares issued | shares	9,982,019
Flow-through premium liability | $	$ 8,630
January 24, 2017
DisclosureOfFlowThroughSharePremiumLiabilityLineItems [Line Items]
Shares issued | shares	4,590,818
Flow-through share price	$5.01
Premium per flow-through share	$1.34
Flow-through premium liability | $	$ 6,151
March 23, 2018
DisclosureOfFlowThroughSharePremiumLiabilityLineItems [Line Items]
Shares issued | shares	1,091,826
Flow-through share price	$2.35	[1]
Premium per flow-through share	$0.67	[1]
Flow-through premium liability | $	$ 737
August 16, 2018
DisclosureOfFlowThroughSharePremiumLiabilityLineItems [Line Items]
Shares issued | shares	4,299,375
Flow-through share price	$1.60 - $1.87
Premium per flow-through share	$0.30 - $0.57
Flow-through premium liability | $	$ 1,742
[1]	Note that the March 23, 2018 flow-through shares were priced in USD with a flow-through price per share of US$1.82 and a flow-through premium of US$0.52 per share.

Flow-through Share Premium Li_4

Flow-through Share Premium Liability (Details 1) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
DisclosureOfFlowThroughSharePremiumLiabilityLineItems [Line Items]
Opening balance	$ 185	$ 0
Flow-through funds raised	2,479	6,151
Flow-through eligible expenditures	(2,347)	(5,966)
Closing balance	317	185
BC exploration projects [member]
DisclosureOfFlowThroughSharePremiumLiabilityLineItems [Line Items]
Opening balance	693	0
Flow-through funds raised	1,870	7,500
Flow-through eligible expenditures	(1,826)	(6,807)
Closing balance	737	693
Nunavut exploration projects [member]
DisclosureOfFlowThroughSharePremiumLiabilityLineItems [Line Items]
Opening balance	0	0
Flow-through funds raised	8,023	15,500
Flow-through eligible expenditures	(7,590)	(15,500)
Closing balance	433	0
Total [member]
DisclosureOfFlowThroughSharePremiumLiabilityLineItems [Line Items]
Opening balance	693	0
Flow-through funds raised	9,893	23,000
Flow-through eligible expenditures	(9,416)	(22,307)
Closing balance	$ 1,170	$ 693

Provision for Site Reclamatio_3

Provision for Site Reclamation and Closure (Details) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disclosure of other provisions [line items]
Accretion	$ 39	$ 39
Provision for decommissioning, restoration and rehabilitation costs [member]
Disclosure of other provisions [line items]
Opening balance	1,662	1,747
Accretion	39	39
Change in estimate	190	(124)
Closing balance	$ 1,891	$ 1,662

Provision for Site Reclamatio_4

Provision for Site Reclamation and Closure (Details Narrative) - Provision for decommissioning, restoration and rehabilitation costs [member] - CAD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Disclosure of other provisions [line items]
Other provisions, undiscounted cash flows	$ 2,545	$ 2,250
Major assumptions made concerning future events, other provisions, inflation rate	2.00%	2.00%
Major assumptions made concerning future events, other provisions, discount rate	2.41%	2.26%

Exploration and Evaluation Co_3

Exploration and Evaluation Costs (Details) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	$ 14,653	$ 36,170
Assaying
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	977	1,807
Exploration drilling
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	2,066	6,934
Camp cost, equipment and field supplies
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	1,811	3,015
Geological consulting services
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	1,672	4,313
Geophysical analysis
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	212	662
Permitting, environmental and community costs
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	1,294	1,691
Expediting and mobilization
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	384	968
Salaries and wages
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	2,188	3,221
Fuel and consumables
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	199	2,113
Aircraft and travel
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	3,487	10,703
Share based compensation
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	363	767
Recoveries
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs		(24)
Nunavut exploration projects [member]
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	8,501	23,508
Nunavut exploration projects [member] | Assaying
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	695	1,297
Nunavut exploration projects [member] | Exploration drilling
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	1,368	4,936
Nunavut exploration projects [member] | Camp cost, equipment and field supplies
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	767	1,116
Nunavut exploration projects [member] | Geological consulting services
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	526	1,810
Nunavut exploration projects [member] | Geophysical analysis
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	0	366
Nunavut exploration projects [member] | Permitting, environmental and community costs
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	302	440
Nunavut exploration projects [member] | Expediting and mobilization
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	256	742
Nunavut exploration projects [member] | Salaries and wages
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	1,455	2,043
Nunavut exploration projects [member] | Fuel and consumables
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	110	1,858
Nunavut exploration projects [member] | Aircraft and travel
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	2,893	8,557
Nunavut exploration projects [member] | Share based compensation
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	129	343
Nunavut exploration projects [member] | Recoveries
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs		0
Homestake Ridge mining property [member]
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	2,087	6,929
Homestake Ridge mining property [member] | Assaying
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	111	357
Homestake Ridge mining property [member] | Exploration drilling
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	391	1,820
Homestake Ridge mining property [member] | Camp cost, equipment and field supplies
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	269	679
Homestake Ridge mining property [member] | Geological consulting services
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	201	785
Homestake Ridge mining property [member] | Geophysical analysis
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	0	86
Homestake Ridge mining property [member] | Permitting, environmental and community costs
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	107	186
Homestake Ridge mining property [member] | Expediting and mobilization
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	93	176
Homestake Ridge mining property [member] | Salaries and wages
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	327	866
Homestake Ridge mining property [member] | Fuel and consumables
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	67	231
Homestake Ridge mining property [member] | Aircraft and travel
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	475	1,618
Homestake Ridge mining property [member] | Share based compensation
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	46	149
Homestake Ridge mining property [member] | Recoveries
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs		(24)
Peruvian exploration projects [member]
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	4,065	5,733
Peruvian exploration projects [member] | Assaying
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	171	153
Peruvian exploration projects [member] | Exploration drilling
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	307	178
Peruvian exploration projects [member] | Camp cost, equipment and field supplies
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	775	1,220
Peruvian exploration projects [member] | Geological consulting services
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	945	1,718
Peruvian exploration projects [member] | Geophysical analysis
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	212	210
Peruvian exploration projects [member] | Permitting, environmental and community costs
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	885	1,065
Peruvian exploration projects [member] | Expediting and mobilization
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	35	50
Peruvian exploration projects [member] | Salaries and wages
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	406	312
Peruvian exploration projects [member] | Fuel and consumables
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	22	24
Peruvian exploration projects [member] | Aircraft and travel
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	119	528
Peruvian exploration projects [member] | Share based compensation
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs	$ 188	275
Peruvian exploration projects [member] | Recoveries
DisclosureOfExplorationAndEvaluationCostsLineItems [Line Items]
Exploration and evaluation costs		$ 0

Share Capital (Details)

Share Capital (Details) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
DisclosureOfShareCapitalLineItems [Line Items]
Impact on capital from total number of shares issued through bought deal financing	$ 15,731	$ 32,760
Flow-through share premium liability, impact on share capital	$ 317	$ 185	$ 0
August 2018 Offering
DisclosureOfShareCapitalLineItems [Line Items]
Number of Nunavut flow-through shares issued	2,084,375
Number of Nunavut charity flow-through shares issued	1,215,000
Number of BC charity flow-through shares issued	1,000,000
Number of shares issued through bought deal financing	4,299,375
Impact on capital from total number of shares issued through bought deal financing	$ 4,299,375
Nunavut flow-through shares issued, impact on share capital	3,335
Nunavut charity flow-through shares issued, impact on share capital	2,126
BC charity flow-through shares issued, impact on share capital	1,870
Cash share issue costs, impact on share capital	(400)
Proceeds net of share issue costs, impact on share capital	6,931
Flow-through share premium liability, impact on share capital	(1,742)
Total, impact on share capital	$ 5,189
March 2018 Offering
DisclosureOfShareCapitalLineItems [Line Items]
Number of common shares issued	6,015,385
Number of flow-through shares issued	1,091,826
Number of shares issued through bought deal financing	7,107,211
Impact on capital from total number of shares issued through bought deal financing	$ 7,107,211
Common shares issued, impact on share capital	10,054
Flow-through shares issued, impact on share capital	2,561
Cash share issue costs, impact on share capital	(1,336)
Proceeds net of share issue costs, impact on share capital	11,279
Flow-through share premium liability, impact on share capital	(737)
Total, impact on share capital	$ 10,542
2017 Offering
DisclosureOfShareCapitalLineItems [Line Items]
Number of common shares issued		4,951,584
Number of flow-through shares issued		4,590,818
Number of shares issued through bought deal financing		9,542,402
Impact on capital from total number of shares issued through bought deal financing		$ 9,542,402
Common shares issued, impact on share capital		18,172
Flow-through shares issued, impact on share capital		23,000
Cash share issue costs, impact on share capital		(2,261)
Proceeds net of share issue costs, impact on share capital		38,911
Flow-through share premium liability, impact on share capital		(6,151)
Total, impact on share capital		$ 32,760

Share Capital (Details Narrativ

Share Capital (Details Narrative) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Share Capital Abstract
Stock option exercises, shares	220,000	453,000
Stock option exercises, value	$ 198	$ 536
Warrant exercises, shares	15,000	1,954,011
Warrant exercises, value	$ 21	$ 3,121

Share Option and Warrant Rese_3

Share Option and Warrant Reserves (Details)	12 Months Ended
	Dec. 31, 2018CAD ($)shares	Dec. 31, 2017CAD ($)shares
Share Option And Warrant Reserves
Number of share options outstanding beginning of period | shares	4,810,000	4,753,000
Number of share options granted | shares	1,775,000	530,000
Number of share options exercised | shares	(220,000)	(453,000)
Number of share options expired | shares	(103,750)	(20,000)
Number of share options forfeited | shares	(56,250)
Number of share options outstanding end of period | shares	6,205,000	4,810,000
Weighted average exercise price outstanding beginning of period | $	$ 1.97	$ 1.77
Weighted average exercise price granted | $	1.42	3.19
Weighted average exercise price exercised | $	0.91	1.18
Weighted average exercise price expired | $	2.35	2.63
Weighted average exercise price forfeited | $	1.6
Weighted average exercise price outstanding end of period | $	$ 1.85	$ 1.97

Share Option and Warrant Rese_4

Share Option and Warrant Reserves (Details 1)	Dec. 31, 2018CAD ($)sharesyr	Dec. 31, 2017CAD ($)shares	Dec. 31, 2016CAD ($)shares
Disclosure of range of exercise prices of outstanding share options [line items]
Number of options outstanding | shares	6,205,000	4,810,000	4,753,000
Options outstanding, exercise price | $	$ 1.85	$ 1.97	$ 1.77
Options outstanding, remaining contractual life | yr	2.62
Number of options exercisable | shares	5,357,500
Options exercisable, exercise price | $	$ 1.92
Options exercisable, remaining contractual life | yr	2.32
Exercise price range 1 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of options outstanding | shares	850,000
Options outstanding, exercise price | $	$ 0.51
Options outstanding, remaining contractual life | yr	0.13
Number of options exercisable | shares	850,000
Options exercisable, exercise price | $	$ 0.51
Options exercisable, remaining contractual life | yr	0.13
Exercise price range 2 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of options outstanding | shares	960,000
Options outstanding, exercise price | $	$ 1.3
Options outstanding, remaining contractual life | yr	1.63
Number of options exercisable | shares	960,000
Options exercisable, exercise price | $	$ 1.3
Options exercisable, remaining contractual life | yr	1.63
Exercise price range 3 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of options outstanding | shares	2,195,000
Options outstanding, exercise price | $	$ 2.63
Options outstanding, remaining contractual life | yr	2.47
Number of options exercisable | shares	2,195,000
Options exercisable, exercise price | $	$ 2.63
Options exercisable, remaining contractual life | yr	2.47
Exercise price range 4 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of options outstanding | shares	440,000
Options outstanding, exercise price | $	$ 3.22
Options outstanding, remaining contractual life | yr	3.03
Number of options exercisable | shares	440,000
Options exercisable, exercise price | $	$ 3.22
Options exercisable, remaining contractual life | yr	3.03
Exercise price range 5 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of options outstanding | shares	65,000
Options outstanding, exercise price | $	$ 3.04
Options outstanding, remaining contractual life | yr	3.35
Number of options exercisable | shares	65,000
Options exercisable, exercise price | $	$ 3.04
Options exercisable, remaining contractual life | yr	3.35
Exercise price range 6 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of options outstanding | shares	795,000
Options outstanding, exercise price | $	$ 1.42
Options outstanding, remaining contractual life | yr	4.47
Number of options exercisable | shares	397,500
Options exercisable, exercise price | $	$ 1.42
Options exercisable, remaining contractual life | yr	4.47
Exercise price range 7 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of options outstanding | shares	900,000
Options outstanding, exercise price | $	$ 1.42
Options outstanding, remaining contractual life | yr	4.49
Number of options exercisable | shares	450,000
Options exercisable, exercise price | $	$ 1.42
Options exercisable, remaining contractual life | yr	4.49

Share Option and Warrant Rese_5

Share Option and Warrant Reserves (Details 2) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Share Option And Warrant Reserves
Included in exploration and evaluation costs	$ 363	$ 767
Included in fees, salaries and other employee benefits	654	1,053
Included in project investigation costs	42	18
Total share-based compensation expense	$ 1,059	$ 1,838

Share Option and Warrant Rese_6

Share Option and Warrant Reserves (Details 3) - yr	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Share Option And Warrant Reserves
Risk-free interest rate	1.97%	0.94%
Expected dividend yield	0.00%	0.00%
Share price volatility	67.00%	77.00%
Expected life (in years - weighted average)	4.36	4.34

Share Option and Warrant Rese_7

Share Option and Warrant Reserves (Details 4) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Share Option And Warrant Reserves
Outstanding warrants	27,716	2,018,877
Warrants expired	(12,716)	(37,150)
Warrants exercised	(15,000)	(1,954,011)
Outstanding warrants	0	27,716
Outstanding warrants, exercise price	$ 1.40	$ 1.59
Warrants expired, exercise price	1.40	1.34
Warrants exercised, exercise price	1.40	1.60
Outstanding warrants, exercise price	$ 0	$ 1.40

Share Option and Warrant Rese_8

Share Option and Warrant Reserves (Details Narrative)	12 Months Ended
	Dec. 31, 2018CAD ($)shares	Dec. 31, 2017CAD ($)shares
Share Option And Warrant Reserves
Number of share options granted | shares	1,775,000	530,000
Weighted average exercise price granted | $	$ 1.42	$ 3.19

Related Party Balances and Tr_3

Related Party Balances and Transactions (Details) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Exploration and evaluation expenditures:
Exploration and evaluation expenditures	$ 14,653	$ 36,170
Universal Mineral Services Ltd.
Fees, salaries and other employee benefits	2,388	3,302
Legal and professional fees	264	316
Marketing and investor relations	1,390	1,453
Insurance	310	202
Office and administration	485	603
Regulatory, transfer agent and shareholder information	217	319
Project investigation costs	138	105
Universal Mineral Services Ltd. [member]
Universal Mineral Services Ltd.
Fees, salaries and other employee benefits	462	574
Legal and professional fees	9	0
Marketing and investor relations	70	7
Insurance	1	2
Office and administration	344	419
Regulatory, transfer agent and shareholder information	0	17
Project investigation costs	6	10
Total transactions for the period	1,717	2,046
Universal Mineral Services Ltd. [member] | Committee Bay mining property [member]
Exploration and evaluation expenditures:
Exploration and evaluation expenditures	510	529
Universal Mineral Services Ltd. [member] | Homestake Ridge mining property [member]
Exploration and evaluation expenditures:
Exploration and evaluation expenditures	136	352
Universal Mineral Services Ltd. [member] | Peruvian exploration projects [member]
Exploration and evaluation expenditures:
Exploration and evaluation expenditures	$ 179	$ 136

Related Party Balances and Tr_4

Related Party Balances and Transactions (Details 1) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Related party transactions [abstract]
Short-term benefits provided to executives	$ 1,624	$ 1,962
Directors fees paid to non-executive directors	152	160
Share-based payments	590	899
Key management personnel compensation	$ 2,366	$ 3,021

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Supplemental Cash Flows Information Abstract
Deferred acquisition costs capitalized in mineral properties	$ 0	$ 65
Deferred financing costs reclassified to share issue costs	10	0
Mineral property acquisition costs included in accounts payable	$ 6	$ 0

Segmented Information (Details)

Segmented Information (Details) - CAD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Disclosure of operating segments [line items]
Restricted cash	$ 115	$ 115	$ 115
Prepaid expenses and deposits, non-current	198	220	0
Equipment, net	1,525	1,675	1,786
Mineral property interests	39,072	37,258	36,050
Non-current assets	40,910	39,268	$ 37,951
CANADA
Disclosure of operating segments [line items]
Restricted cash	115	115
Prepaid expenses and deposits, non-current	0	0
Equipment, net	1,428	1,612
Mineral property interests	34,931	34,741
Non-current assets	36,474	36,468
PERU
Disclosure of operating segments [line items]
Restricted cash	0	0
Prepaid expenses and deposits, non-current	198	220
Equipment, net	97	63
Mineral property interests	4,141	2,517
Non-current assets	$ 4,436	$ 2,800

Segmented Information (Details

Segmented Information (Details Narrative)	12 Months Ended
	Dec. 31, 2018
Segmented Information Abstract
Number of operating segments	1

Loss Per Share (Details)

Loss Per Share (Details) - CAD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Loss Per Share Abstract
Net loss	$ (17,674)	$ (36,500)
Weighted average number of shares outstanding	86,015,208	76,668,827
Basic and diluted loss per share	$ (.21)	$ (.48)

Financial Instruments (Details)

Financial Instruments (Details) - Currency risk [member] - CAD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Disclosure of detailed information about financial instruments [line items]
Net exposure	$ 32	$ 194
Financial liabilities denominated in foreign currencies [member]
Disclosure of detailed information about financial instruments [line items]
Net exposure	(57)	(1)
Financial assets denominated in foreign currencies [member]
Disclosure of detailed information about financial instruments [line items]
Net exposure	$ 89	$ 195

Income Taxes (Details)

Income Taxes (Details) - CAD ($) $ in Thousands	Dec. 31, 2038	Dec. 31, 2037	Dec. 31, 2036	Dec. 31, 2035	Dec. 31, 2034	Dec. 31, 2033	Dec. 31, 2032	Dec. 31, 2031	Dec. 31, 2030	Dec. 31, 2029	Dec. 31, 2027	Dec. 31, 2026	Dec. 31, 2025	Dec. 31, 2018
Income Taxes Abstract
Unused tax losses for which no deferred tax asset recognised	$ 5,029	$ 5,457	$ 7,175	$ 11,111	$ 2,673	$ 3,662	$ 4,048	$ 2,775	$ 2,684	$ 2,276	$ 1,219	$ 624	$ 656	$ 49,389

Income Taxes (Details 1)

Income Taxes (Details 1) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Taxes Abstract
Loss before income taxes	$ (17,674)	$ (36,500)
Canadian federal and provincial income tax rates	27.00%	26.00%
Expected income tax recovery	$ (4,772)	$ (9,490)
Increase (decrease) in income tax recovery resulting from:
Share-based compensation	286	478
Share issuance costs	(469)	(588)
Adjustment to tax estimates	(48)	991
Amortization of flow-through share premium	(634)	(1,551)
Flow-through expenditures renunciation	2,542	5,800
Difference in future and foreign tax rates	(111)	(871)
Other	(40)	(43)
Increase (decrease) in unrecognized tax asset	3,246	5,274
Income tax recovery	$ 0	$ 0

Income Taxes (Details 2)

Income Taxes (Details 2) - CAD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Deferred income tax assets
Balance, beginning of period	$ 0	$ 0
Net loss	0	0
Equity	0	0
Balance, end of period	0	0
Non-capital losses [member]
Deferred income tax assets
Balance, beginning of period	12,260	10,881
Net loss	1,430	1,379
Equity	0	0
Balance, end of period	13,690	12,260
Capital losses carried forward [member]
Deferred income tax assets
Balance, beginning of period	45	43
Net loss	0	2
Equity	0	0
Balance, end of period	45	45
Share issuance costs & CEC [member]
Deferred income tax assets
Balance, beginning of period	740	500
Net loss	0	0
Equity	173	240
Balance, end of period	913	740
Investments [member]
Deferred income tax assets
Balance, beginning of period	47	19
Net loss	32	28
Equity	0	0
Balance, end of period	79	47
Site reclamation obligations [member]
Deferred income tax assets
Balance, beginning of period	448	454
Net loss	63	(6)
Equity	0	0
Balance, end of period	511	448
Property and equipment [member]
Deferred income tax assets
Balance, beginning of period	136	68
Net loss	61	68
Equity	0	0
Balance, end of period	197	136
Deferred tax assets, mineral property interests [member]
Deferred income tax assets
Balance, beginning of period	5,799	1,270
Net loss	1,262	4,529
Equity	0	0
Balance, end of period	7,061	5,799
Peruvian VAT receivable [member]
Deferred income tax assets
Balance, beginning of period	227	43
Net loss	128	184
Equity	0	0
Balance, end of period	355	227
Total deferred tax assets [member]
Deferred income tax assets
Balance, beginning of period	19,702	13,275
Net loss	2,976	6,223
Equity	173	240
Balance, end of period	22,851	19,702
Deferred tax liabilities, mineral property interests [member]
Deferred income tax assets
Balance, beginning of period	(1,188)	0
Net loss	237	(1,188)
Equity	0	0
Balance, end of period	(951)	(1,188)
FX on intercompany [member]
Deferred income tax assets
Balance, beginning of period	36	(3)
Net loss	(140)	39
Equity	0	0
Balance, end of period	(104)	36
Total net deferred tax assets (liabilities) [member]
Deferred income tax assets
Balance, beginning of period	18,550	13,275
Net loss	3,073	(5,035)
Equity	173	240
Balance, end of period	21,796	18,550
Unrecogonized deferred tax assets [member]
Deferred income tax assets
Balance, beginning of period	(18,550)	(13,275)
Net loss	(3,073)	5,035
Equity	(173)	(240)
Balance, end of period	$ (21,796)	$ (18,550)

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - CAD ($) $ in Thousands	Dec. 31, 2038	Dec. 31, 2037	Dec. 31, 2036	Dec. 31, 2035	Dec. 31, 2034	Dec. 31, 2033	Dec. 31, 2032	Dec. 31, 2031	Dec. 31, 2030	Dec. 31, 2029	Dec. 31, 2027	Dec. 31, 2026	Dec. 31, 2025	Dec. 31, 2018	Dec. 31, 2017
DisclosureOfIncomeTaxesLineItems [Line Items]
Unused tax losses for which no deferred tax asset recognised	$ 5,029	$ 5,457	$ 7,175	$ 11,111	$ 2,673	$ 3,662	$ 4,048	$ 2,775	$ 2,684	$ 2,276	$ 1,219	$ 624	$ 656	$ 49,389
Non-capital losses [member]
DisclosureOfIncomeTaxesLineItems [Line Items]
Unused tax losses for which no deferred tax asset recognised														49,570	$ 43,352
Non-capital losses [member] | PERU
DisclosureOfIncomeTaxesLineItems [Line Items]
Unused tax losses for which no deferred tax asset recognised														1,206	354
Non-capital losses [member] | CANADA
DisclosureOfIncomeTaxesLineItems [Line Items]
Unused tax losses for which no deferred tax asset recognised														$ 661	$ 661

Management of Capital (Details)

Management of Capital (Details) - CAD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Management Of Capital
Equity	$ 40,479	$ 40,859
Less cash	1,653	2,474	$ 2,457
Capital	$ 38,826	$ 38,385