Dakota Gold (DC) 10-Q 10 May 23 2023 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2023	May 10, 2023
Cover [Abstract]
Registrant Name	Dakota Gold Corp.
Registrant CIK	0001852353
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	000-41349
Document Period End Date	Mar. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	85-3475290
Entity Address, Address Line One	106 Glendale Drive
Entity Address, City or Town	Suite A, Lead
Entity Address, State or Province	SD
Entity Address, Postal Zip Code	57754
City Area Code	605
Local Phone Number	717-2540
Title of 12(g) Security	Common stock, par value $0.001 per share
Trading Symbol	DC
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		75,314,452

CONDENSED CONSOLIDATED INTERIM

CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS (Unaudited) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 20,273,152	$ 23,911,722
Receivable	115,941	107,356
Prepaid expenses and other current assets	852,689	618,913
Total current assets	21,241,782	24,637,991
Non-current assets
Mineral rights and properties	78,757,287	78,737,287
Property and equipment, net	1,250,683	1,266,790
Other assets	348,394	380,651
Total assets	101,598,146	105,022,719
Current liabilities
Accounts payable and accrued liabilities	2,482,469	2,514,863
Non-current liability
Deferred tax liability	1,057,605	1,332,118
Total liabilities	3,540,074	3,846,981
Commitments and contingent liabilities	0	0
Stockholders' equity
Capital stock, par value $0.001; 144,302,330 common shares authorized, 75,292,928 and 73,341,001 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	75,293	73,341
Additional paid-in capital	113,464,387	107,317,974
Retained deficit	(15,481,608)	(6,215,577)
Total stockholders' equity	98,058,072	101,175,738
Total liabilities and stockholders' equity	$ 101,598,146	$ 105,022,719

CONDENSED CONSOLIDATED INTERI_2

CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS (Unaudited) (Parentheticals) - $ / shares	Mar. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	144,302,330	144,302,330
Common Stock, Shares, Issued	75,292,928	73,341,001
Common Stock, Shares, Outstanding	75,292,928	73,341,001

CONDENSED CONSOLIDATED INTERI_3

CONDENSED CONSOLIDATED INTERIM STATEMENT OF COMPREHENSIVE LOSS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating expenses
Exploration expenses	$ 6,837,759	$ 1,217,212
General and administrative expenses	2,737,421	6,420,954
Loss from operations	(9,575,180)	(7,638,166)
Other income (expenses)
Foreign exchange gain (loss)	(19,276)	60,786
Interest income	53,912	79,342
Total other income (expenses)	34,636	140,128
Loss before income taxes	(9,540,544)	(7,498,038)
Deferred income tax benefit	274,513	5,303,743
Net loss and comprehensive loss	(9,266,031)	(2,194,295)
Less: Net loss attributable to non-controlling interest	0	3,453,900
Net income (loss) and comprehensive income (loss) attributable to Dakota Gold Corp.	$ (9,266,031)	$ 1,259,605
Basic profit (loss) per share	$ (0.13)	$ 0.04
Diluted profit (loss) per share	$ (0.13)	$ 0.04
Weighted average number of basic shares of common stock outstanding	73,744,247	35,641,666
Weighted average number of diluted shares of common stock outstanding	73,744,247	35,641,666

CONDENSED CONSOLIDATED INTERI_4

CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating activities
Net loss	$ (9,266,031)	$ (2,194,295)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense	60,740	30,593
Stock-based compensation expense	1,292,734	3,239,342
Deferred income tax benefit	(274,513)	(5,303,743)
Changes in current assets and liabilities:
Receivable	(8,585)	(85,240)
Prepaid expenses and other current assets	(233,776)	(18,098)
Accounts payable and accrued liabilities	(32,394)	1,570,513
Net cash used in operating activities	(8,461,825)	(2,760,928)
Investing activities
Purchases of property and equipment	(44,633)	(137,611)
Purchases of mineral rights and properties	(20,000)	(2,470,827)
Other assets	7,389	0
Reclamation deposit paid	0	(20,000)
Cash used in investing activities	(72,022)	(2,628,438)
Financing activities
Proceeds from sale of common stock on at-the market ("ATM") program	5,000,020	0
Payment of ATM issuance costs	(97,500)	0
Proceeds from exercise of stock options	12,000	0
Proceeds from exercise of warrants	18,757	0
Withholding of employee tax payments on performance stock units	(38,000)	0
Cash provided by financing activities	4,895,277	0
Net change in cash and cash equivalents	(3,638,570)	(5,389,366)
Cash and cash equivalents, beginning of period	23,911,722	46,790,482
Cash and cash equivalents, end of period	20,273,152	41,401,116
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Deferred ATM offering costs offset against additional paid-in capital	$ 39,646	$ 0

CONDENSED CONSOLIDATED INTERI_5

CONDENSED CONSOLIDATED INTERIM STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Deficit) [Member]	Non-Controlling Interest [Member]	Total
Beginning Balance at Dec. 31, 2021	$ 35,641	$ 44,001,171	$ 11,806,295	$ 55,346,251	$ 111,189,358
Beginning Balance (Shares) at Dec. 31, 2021	35,641,667
DTRC common stock issued for purchase of mineral properties				1,600,000	1,600,000
Stock-based compensation expense				3,239,342	3,239,342
Change in non-controlling interest		2,607,724		(2,607,724)
Issuance of stock for acquisition of non-controlling interest	$ 35,209	48,764,065		(48,799,274)
Issuance of stock for acquisition of non-controlling interest (Shares)	35,208,728
Elimination of non-controlling interest on acquisition		5,324,695		(5,324,695)
Net profit/loss			1,259,605	(3,453,900)	(2,194,295)
Ending Balance at Mar. 31, 2022	$ 70,850	100,697,655	13,065,900	$ 0	113,834,405
Ending Balance (Shares) at Mar. 31, 2022	70,850,395
Beginning Balance at Dec. 31, 2022	$ 73,341	107,317,974	(6,215,577)		$ 101,175,738
Beginning Balance (Shares) at Dec. 31, 2022	73,341,001				73,341,001
Common stock issued for ATM program, net of amortized issuance costs	$ 1,887	4,860,987			$ 4,862,874
Common stock issued for ATM program, net of amortized issuance costs (Shares)	1,886,800
Common stock issued for performance stock units ("PSUs")	$ 19	(19)
Common stock issued for performance stock units ("PSUs") (Shares)	18,609
Common stock issued for exercise of options	$ 37	11,963			$ 12,000
Common stock issued for exercise of options (Shares)	37,500				37,500
Common stock issued for exercise of warrants	$ 9	18,748			$ 18,757
Common stock issued for exercise of warrants (Shares)	9,018
Stock-based compensation expense		1,292,734			1,292,734
Withholding of employee tax payment on PSUs		(38,000)			(38,000)
Net profit/loss			(9,266,031)		(9,266,031)
Ending Balance at Mar. 31, 2023	$ 75,293	$ 113,464,387	$ (15,481,608)		$ 98,058,072
Ending Balance (Shares) at Mar. 31, 2023	75,292,928				75,292,928

Organization and Nature of Busi

Organization and Nature of Business	3 Months Ended
	Mar. 31, 2023
Organization And Nature Of Business [Abstract]
Organization and Nature of Business [Text Block]	Note 1 - Organization and Nature of Business Organization Dakota Gold Corp. ("we", "us", "our", the "Company" or "Dakota Gold") was incorporated as JR Resources Corp. ("JR") on November 15, 2017 under the Business Corporations Act (British Columbia, Canada). The Company focuses its business efforts on the acquisition, exploration, and development of mineral properties in the United States of America ("U.S."). On May 22, 2020, the Company completed the domestication process and changed its registration from the Province of British Columbia, Canada to the State of Nevada, U.S. On March 31, 2022, pursuant to the U.S. Securities and Exchange Commission ("SEC") approval of the DTRC Merger (defined below) and acquisition of the remaining shares of Dakota Territory Resource Corp. ("DTRC") by the Company, DTRC was merged into a subsidiary of the Company and prior to completion of the DTRC Merger, JR changed its name to Dakota Gold Corp. (see DTRC Merger below). Liquidity The Company's mineral properties are at the exploration stage and are without a known body of commercial ore and therefore have not generated revenues. The business of exploring for minerals involves a high degree of risk. Few properties that are explored are ultimately developed into producing mines. Major expenditures may be required to establish ore reserves, to develop metallurgical processes, to acquire construction and operating permits and to construct mining and processing facilities. The amounts shown as exploration and evaluation assets cost represent acquisition and holding costs and do not necessarily represent present or future recoverable values. The recoverability of the amounts shown for mineral properties is dependent upon the Company obtaining the necessary financing to complete the exploration and development of the properties, the discovery of economically recoverable reserves and future profitable operations or through sale of the assets. These condensed consolidated interim financial statements for the three months ended March 31, 2023 and 2022 ("financial statements") have been prepared on the assumption that the Company and its subsidiaries will continue as a going concern, meaning it will continue in operation for the foreseeable future and will be able to realize assets and discharge liabilities in the ordinary course of operations. Different bases of measurement may be appropriate if the Company is not expected to continue operations for the foreseeable future. As of March 31, 2023, the Company had not advanced its properties to commercial production and is not able to finance day-to-day activities through operations. The Company's management believes its cash balance of approximately $20.3 million at March 31, 2023, its working capital of approximately $18.8 million, the anticipated ability to utilize the ATM program during the year, and the ability to scale down the exploration program in order to maintain greater than 12 months of funding as of the date of filing of these financial statements, alleviate doubt as to the Company's ability to continue as a going concern. Subsequent to March 31, 2023, the Company utilized its ATM to raise gross proceeds of approximately $78,000. DTRC Merger Transaction On September 10, 2021, the Company and Dakota Territory Resource Corp. entered into an Amended and Restated Agreement and Plan of Merger (the "merger agreement") providing for the acquisition of the non-controlling interest of DTRC where the Company would acquire the remaining shares (not previously owned) of DTRC for an equal number of shares of the Company and DTRC would merge into a subsidiary of the Company (the "DTRC Merger" or the "DTRC Transaction"). The DTRC Merger was approved by the stockholders of DTRC at a Special Meeting of Stockholders and closed with an effective date of March 31, 2022. Pursuant to the merger agreement, the DTRC stockholders received one share of Dakota Gold common stock for each share of DTRC's common stock owned at the time of the closing. After the closing, the former stockholders of DTRC and the Company owned approximately 49% and 51%, respectively, of the combined entity.

Summary of Accounting Policies

Summary of Accounting Policies	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Summary of Accounting Policies [Text Block]	Note 2 - Summary of Accounting Policies Basis of Presentation The accompanying financial statements of Dakota Gold Corp. have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") and the rules of the Securities and Exchange Commission ("SEC") for interim statements, and should be read in conjunction with the Company's audited financial statements and the notes thereto for the nine-month transition period ended December 31, 2022 included in its Transition Report on Form 10-KT, as filed with the SEC on March 22, 2023. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent transition period ended December 31, 2022, as reported in the Company's Transition Report on Form 10-KT, have been omitted. The condensed consolidated balance sheet as of December 31, 2022 was derived from the audited financial statements of the Company. Change in Fiscal Year In August 2022, the Board of Directors of the Company, pursuant to the bylaws and based upon the recommendation of its Audit Committee, approved a change in the Company's fiscal year end from March 31 to December 31. The Company's fiscal year now begins on January 1 and ends on December 31 of each year, starting on January 1, 2023. Basis of Consolidation The consolidated financial statements at March 31, 2023 and December 31, 2022 include the accounts of the Company and the following 100%-owned subsidiaries: DTRC, LLC (incorporated in USA), JR Resources (Canada) Services Corp. (incorporated in Canada), Dakota Gold Holdings LLC (incorporated in USA) and Dakota Gold (Canada) Services Corp. (incorporated in Canada). All intercompany accounts and transactions between the Company and its subsidiaries have been eliminated upon consolidation.

Mineral Rights and Properties

Mineral Rights and Properties	3 Months Ended
	Mar. 31, 2023
Mineral Industries Disclosures [Abstract]
Mineral Rights and Properties [Text Block]	Note 3 - Mineral Rights and Properties Dakota Gold has 100% ownership of the interests in the Blind Gold, City Creek, Cambrian Unconformity, Tinton, West Corridor, Ragged Top, Poorman Anticline, Maitland, and South Lead / Whistler Gulch. In addition, we have 100% ownership in the Barrick Option, and the Richmond Hill Option projects upon exercise of the underlying option. All of which are located in the heart of the Homestake District. The individual claims, properties, options, and leases are aggregated into a single unit mining property, hereinafter referred to as the Black Hills Property. In total, the Black Hills Property consists of 1,931 unpatented mining claims (33,475 unpatented acres), the Homestake Option Area (4,261 patented acres), the Richmond Hill Option Area (2,126 patented acres) and additional lands and mineral rights throughout the district (5,890 patented acres) for a combination of surface and mineral lease rights covering a total of 45,752 acres. The Company has not established that any of its projects or properties contain proven or probable gold reserves under S-K 1300. As of March 31, 2023 and December 31, 2022, the carrying cost of the Company's mineral properties totaled $78,757,287 and $78,737,287, respectively. At March 31, 2023, the Company is in the exploration stage and has not commenced amortization of its properties. The Company will capitalize certain costs to its projects when the costs can be specifically attributable to a project, or when it is reasonable to allocate those costs. General regional exploration expenses are not allocated to specific properties.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions [Text Block]	Note 4 - Related Party Transactions The Company has not engaged in any related party transactions above $15,000 during the quarter.

Property and Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment [Text Block]	Note 5 - Property and Equipment A summary of the Company's property and equipment as of March 31, 2023 and December 31, 2022 is as follows: Estimated Useful Life (Years) March 31, 2023 December 31, 2022 Land $ 70,000 $ 70,000 Building 39 804,095 768,338 Furniture and equipment 3 to 5 763,845 754,969 1,637,940 1,593,307 Less accumulated depreciation (387,257 ) (326,517 ) Property and equipment, net $ 1,250,683 $ 1,266,790 During the three months ended March 31, 2023 and 2022, the Company incurred depreciation expense of $60,740 and $30,593, respectively.

Accounts Payable and Accrued Li

Accounts Payable and Accrued Liabilities	3 Months Ended
	Mar. 31, 2023
Accounts Payable and Accrued Liabilities [Abstract]
Accounts Payable and Accrued Liabilities [Text Block]	Note 6 - Accounts Payable and Accrued Liabilities A summary of the Company's accounts payable and accrued liabilities is as follows: March 31, 2023 December 31, 2022 Trade payables $ 1,930,612 $ 1,752,312 Accrued liabilities 534,239 634,953 Other 17,618 127,598 $ 2,482,469 $ 2,514,863

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2023
Stockholders' Equity Note [Abstract]
Stockholders' Equity [Text Block]	=50% 200% Equals 100% negative 50% 50% Note 7 - Stockholders' Equity Common Stock The holders of common stock are entitled to one vote per share with respect to all matters required by law to be submitted to stockholders. The holders of common stock have the sole right to vote. The common stock does not have any cumulative voting, pre-emptive, subscription or conversion rights. Election of directors requires the affirmative vote of a plurality of common stock represented at a meeting, and other general stockholder action (other than an amendment to our Articles of Incorporation) requires the affirmative vote of the majority of shares represented at a meeting in which a quorum is represented. The outstanding shares of common stock are validly issued, fully paid and non-assessable. In connection with the domestication process on May 22, 2020, the Company changed its share capital structure from unlimited authorized shares of common stock without par value to 144,302,330 authorized shares of common stock, with a par value of $0.001 per share. Share Issuances during the three months ended March 31, 2023 On October 21, 2022, the Company entered into an Equity Distribution Agreement with BMO Capital Markets Corp. and Canaccord Genuity LLC (collectively, the "Sales Agents"), to establish an ATM program. Under the ATM program, the Company may offer and sell shares of common stock having aggregate proceeds of up to $50 million, from time to time, through any of the Sales Agents. During the three months ended March 31, 2023, the Company utilized its ATM program to raise gross proceeds of approximately $5 million by issuing 1,886,800 shares of common stock. In addition, the Company issued (i) 37,500 shares of common stock pursuant to an exercise of stock options for proceeds of $12,000, (ii) 9,018 shares of common stock pursuant to an exercise of warrants for proceeds of $18,757 and (iii) 18,609 shares of common stock to employees of the Company for the settlement of PSUs which vested on March 1, 2023. See "RSU" and "PSU" below. Share Issuances during the three months ended March 31, 2022 During the three months ended March 31, 2022, DTRC issued 329,528 shares of common stock valued at $1,600,000 for investment in mineral properties. The shares were valued at the closing prices on the dates of issuance. On March 31, 2022, pursuant to the DTRC Transaction, the Company acquired the remaining outstanding shares of Dakota (the "acquisition of NCI"), whereby the Company issued 35,208,728 shares to DTRC's stockholders for the acquisition of 35,208,728 DTRC shares not previously owned by the Company resulting in the Company owning 100% of DTRC upon the closing of the transaction. (see Note 1). Stock Options Issued Pursuant to the DTRC Merger on March 31, 2022, the Company cancelled DTRCs outstanding stock options and replaced them with options of Dakota Gold Corp. ("DGC") under the "2022 Stock Incentive Plan" with the same terms and provisions. The 2022 Stock Incentive Plan had a total of 6,250,000 units available to award to the Company's directors, executive officers and consultants. A unit can be a common stock purchase option, a Restricted Stock Unit ("RSU") or a Performance Stock Unit ("PSU"). As of March 31, 2023, a total of 3,454,122 units relating to the 2022 Stock Incentive Plan remained available for future grants. Outstanding stock options under the 2022 Stock Incentive Plan have a term of five years. During the three months ended March 31, 2023, the Company issued a total of 333,588 stock options with an exercise price of $2.81, exercisable for up to five years. The Company recognized stock-based compensation related to the vesting of stock options totaling $647,649 during the three months ended March 31, 2023, of which $99,612 was allocated to exploration expenses and $548,037 was allocated to administrative expenses, based upon the primary activities of the grantees. During the three months ended March 31, 2023, the Company estimated the fair value of each stock option granted to have a weighted average grant date fair value of $1.43 per share using a Black Scholes option pricing model. The assumptions used to calculate the grant date fair value were as follows: a risk-free interest rate of 3.99%, an estimated volatility of 65%, a dividend yield of 0%, and an expected life of 3.5 years. During the three months ended March 31, 2022, DTRC granted no stock options. DTRC recognized stock-based compensation related to the vesting of stock options totaling $1,760,333 for the three months ended March 31, 2022, of which $285,798 was allocated to exploration costs and $1,474,535 was allocated to administrative expenses, based upon the primary activities of the grantees. Estimated volatility is calculated based on average volatility of the Company's peer group, because the Company does not have sufficient historical data. The Company will continue to use peer group volatility information until historical volatility of the Company is available to measure expected volatility for future grants. Peers are companies at similar stages of mine development and operating jurisdictions who have granted options with similar terms recently. The stock-based compensation expense related to the options has been recognized in the consolidated financial statements since the grant date and the fair value, estimated at the initial grant date using the Black-Scholes option pricing model, will continue to be amortized over the vesting period. A summary of the DTRC's stock option activity and related information for the three months ended March 31, 2022 under the 2021 Stock Incentive Plan is as follows: Number Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In Years) Outstanding as of December 31, 2021 3,354,583 $ 4.06 4.37 Options expired (5,208 ) - - Canceled on acquisition of NCI (3,349,375 ) $ - - Outstanding as of March 31, 2022 - $ - - A summary of the Company's stock option activity and related information for the three-month periods ended March 31, 2023 and 2022 is as follows: Number Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In Years) Aggregate Intrinsic Value Outstanding as of December 31, 2022 3,999,572 $ 3.89 3.68 Options granted 333,588 2.81 Options forfeited/cancelled (5,208 ) 4.76 Options exercised (37,500 ) 0.32 Outstanding as of March 31, 2023 4,290,452 $ 3.83 3.57 $ 2,764,000 Options exercisable as of March 31, 2023 2,300,000 $ 3.88 3.14 $ 1,822,625 Number Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In Years) Aggregate Intrinsic Value Outstanding as of December 31, 2021 - $ - - Options issued upon acquisition of non-controlling interest 3,349,375 4.06 4.12 Outstanding as of March 31, 2022 3,349,375 $ 4.06 4.12 As of March 31, 2023, the unrecognized compensation cost related to unvested options was $1,530,323, which will be recognized over a weighted average period of 1.41 years. A summary of the Company's options outstanding at March 31, 2023 is as follows: Number of options Exercise price Remaining life Expiry date (years) 718,750 $ 1.92 2.96 March 15, 2026 1,866,667 $ 4.76 3.13 May 17, 2026 200,000 $ 5.09 3.46 September 13, 2026 300,000 $ 4.64 3.56 October 18, 2026 571,447 $ 3.01 4.43 September 1, 2027 300,000 $ 3.74 4.64 November 18, 2027 333,588 $ 2.81 4.93 March 1, 2028 4,290,452 Warrants A summary of the Company's warrant activity is as follows: Warrants Weighted average exercise price Balance, December 31, 2022 7,612,111 $ 2.08 Exercised (9,018 ) 2.08 Balance, March 31, 2023 7,603,093 $ 2.08 Warrants Weighted average exercise price Balance at March 31, 2022 and 7,615,718 $ 2.08 As of March 31,2023, all 7,603,093 warrants, all with a remaining life of 2.96 years, expire on March 15, 2026. RSUs and PSUs The Company's 2022 Stock Incentive Plan provides for the issuance of RSUs and PSUs in amounts as approved by the Company's board of directors. During the three months ended March 31, 2023, the Company issued RSUs and PSUs to certain members of management and other select employees and directors. The fair value of RSUs is measured at the grant-date price of the Company's shares. The RSUs granted in the three months ended March 31, 2023, vest over a three-year period. The PSUs granted in the three months ended March 31, 2023 vest over a three-year period. Each PSU award entitles the participant to receive a variable number of shares of the Company's common stock based on the Company's performance against the MVIS Global Junior Gold Miners Index for the relevant performance periods. The total number of shares that may be earned for PSUs is based on performance over the performance period and ranges from 0% to 200% of the target number of shares, based on the table below: Company Stock Price Performance Relative to Index Performance by: Index Multiplier >=50% 200% Equals 100% negative 50% 50% <negative 50% 0% The fair value of the PSUs were determined using a Monte Carlo simulation. The grant date fair value for the 329,182 PSUs granted in the three months ended March 31, 2023 was calculated to be $1,223,456. The weighted average assumptions used in the Monte Carlo simulation were as follows: a risk-free interest rate of 4.70%, an estimated volatility of 74%, an expected dividend yield of 0%, and an expected term of 1.83 years. The compensation expense related to the RSUs and PSUs has been recognized in the consolidated financial statements since the grant date and the fair value determined at the initial grant date will continue to be amortized over the vesting period. The Company recognized compensation expense related to the vesting of RSUs and PSUs totaling $645,085 for the three months ended March 31, 2023, of which $102,334 was allocated to exploration expenses and $542,751 allocated to administrative expenses. As of March 31, 2023, there was $3,903,210 of total unrecognized compensation cost related to unvested RSUs and PSUs, which will be recognized over a weighted average period of 1.77 years. Allocations are based upon the primary activities of the grantees. The Company recognized compensation expense related to the vesting of RSUs totaling $1,479,009 for the three months ended March 31, 2022, of which $227,947 was allocated to exploration expenses and $1,251,062 allocated to administrative expenses. A summary of RSU and PSU awards outstanding and activity is as follows: Number of RSU Awards Weighted- average grant date fair value per award Number of PSU Awards Weighted- average grant date fair value per award Outstanding at December 31, 2022 545,260 $ 3.17 112,842 $ 2.99 Granted 622,567 2.81 329,182 3.72 Settled - - (37,615 ) 2.95 Outstanding at March 31, 2023 1,167,827 $ 2.98 404,409 $ 3.59 Number of RSU Awards Weighted- average grant date fair value per award Outstanding at March 31, 2022 1,150,000 $ 4.95 During the three months ended March 31, 2023, 37,615 PSUs settled at 86% of performance target through the issuance of 18,609 shares and payment of $38,000 for related withholding taxes.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies [Text Block]	Note 8 - Commitments and Contingencies The Company may become party to various legal actions that arise in the ordinary course of its business. The Company is also subject to audit by tax and other authorities for varying periods in various federal, state and local jurisdictions, and disputes may arise during the course of these audits. It is impossible to determine the ultimate liabilities that the Company may incur resulting from any of these lawsuits, claims, proceedings, audits, commitments, contingencies and related matters or the timing of these liabilities, if any. If these matters were to ultimately be resolved unfavorably, it is possible that such an outcome could have a material adverse effect upon the Company's consolidated financial position, results of operations, or liquidity. The Company does not, however, anticipate such an outcome and it believes the ultimate resolution of these matters will not have a material adverse effect on the Company's consolidated financial position, results of operations, or liquidity.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes [Text Block]	Note 9 - Income Taxes A summary of the reconciliation of the statutory federal income tax for the three months ended March 31, 2023 and 2022 is as follows: 2023 2022 Income tax expense (benefit) computed at federal statutory rates $ (1,891,802 ) $ (1,574,588 ) Non-deductible expenses - (14,397 ) Change in valuation allowance 1,617,289 (3,714,758 ) Deferred income tax benefit $ (274,513 ) $ (5,303,743 ) The effective tax rate for the three months ended March 31, 2023 and 2022 was 3.05% and 70.7% respectively. The effective tax rate for the three months ended March 31, 2023 is less than the expected statutory rate as the Company does not expect to realize a benefit from a portion of the losses incurred. Management has established a valuation allowance on certain deferred tax assets because the underlying deferred tax benefit may not be realized. The tax effects of the temporary differences between reportable financial statement income and taxable income are recognized as deferred tax assets or liabilities. Significant components of the deferred tax assets and the related valuation allowance are set out below: March 31, 2023 December 31, Deferred tax assets: Net operating losses $ 7,371,199 $ 7,123,439 Stock-based compensation 2,418,861 2,147,387 Total 9,790,060 9,270,826 Less: valuation allowance (5,132,180 ) (3,514,894 ) Total deferred tax assets 4,657,880 5,755,932 Deferred tax liability: Property and equipment (25,460 ) (25,460 ) Mineral properties (5,706,587 ) (7,079,154 ) 16,562 16,564 Total deferred tax liabilities (5,715,485 ) (7,088,050 ) Total deferred taxes $ (1,057,605 ) $ (1,332,118 ) Of a total of approximately $35 million of net operating loss carry forward, the net operating loss carry forward of approximately $8.5 million will begin to expire in 2027, as they were incurred prior to 2018. As a result of the DTRC Merger, DTRC's net operating losses prior to the merger date may be, by law, partially or entirely unavailable to offset future taxable income. We follow the provisions of ASC 740 relating to uncertain tax provisions and have commenced analyzing filing positions in all of the federal and state jurisdictions where we are required to file income tax returns, as well as all open tax years in these jurisdictions. There are no unrecognized tax benefits as of March 31, 2023 or December 31, 2022. We file income tax returns in the United States federally and in one state jurisdiction. The Company has not been subjected to tax examinations for any year and the statute of limitations has not expired. The Company's tax returns remain open for examination by the applicable authorities, generally 3 years for federal and 4 years for state.

Subsequent Event(s)

Subsequent Event(s)	3 Months Ended
	Mar. 31, 2023
Subsequent Events [Abstract]
Subsequent Event(s) [Text Block]	Note 10 - Subsequent Event(s) On April 3, 2023, the Company granted 13,000 RSUs to an employee. The RSUs vest annually over three years from the grant date.

Summary of Accounting Policies

Summary of Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation [Policy Text Block]	Basis of Presentation The accompanying financial statements of Dakota Gold Corp. have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") and the rules of the Securities and Exchange Commission ("SEC") for interim statements, and should be read in conjunction with the Company's audited financial statements and the notes thereto for the nine-month transition period ended December 31, 2022 included in its Transition Report on Form 10-KT, as filed with the SEC on March 22, 2023. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent transition period ended December 31, 2022, as reported in the Company's Transition Report on Form 10-KT, have been omitted. The condensed consolidated balance sheet as of December 31, 2022 was derived from the audited financial statements of the Company.
Change in Fiscal Year [Policy Text Block]	Change in Fiscal Year In August 2022, the Board of Directors of the Company, pursuant to the bylaws and based upon the recommendation of its Audit Committee, approved a change in the Company's fiscal year end from March 31 to December 31. The Company's fiscal year now begins on January 1 and ends on December 31 of each year, starting on January 1, 2023.
Basis of Consolidation [Policy Text Block]	Basis of Consolidation The consolidated financial statements at March 31, 2023 and December 31, 2022 include the accounts of the Company and the following 100%-owned subsidiaries: DTRC, LLC (incorporated in USA), JR Resources (Canada) Services Corp. (incorporated in Canada), Dakota Gold Holdings LLC (incorporated in USA) and Dakota Gold (Canada) Services Corp. (incorporated in Canada). All intercompany accounts and transactions between the Company and its subsidiaries have been eliminated upon consolidation.

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Schedule of property and equipment [Table Text Block]	Estimated Useful Life (Years) March 31, 2023 December 31, 2022 Land $ 70,000 $ 70,000 Building 39 804,095 768,338 Furniture and equipment 3 to 5 763,845 754,969 1,637,940 1,593,307 Less accumulated depreciation (387,257 ) (326,517 ) Property and equipment, net $ 1,250,683 $ 1,266,790

Accounts Payable and Accrued _2

Accounts Payable and Accrued Liabilities (Tables)	3 Months Ended
	Mar. 31, 2023
Accounts Payable and Accrued Liabilities [Abstract]
Schedule of accounts payable and accrued liabilities [Table Text Block]	March 31, 2023 December 31, 2022 Trade payables $ 1,930,612 $ 1,752,312 Accrued liabilities 534,239 634,953 Other 17,618 127,598 $ 2,482,469 $ 2,514,863

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Schedule of stock option activity and related information [Table Text Block]	Number Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In Years) Aggregate Intrinsic Value Outstanding as of December 31, 2022 3,999,572 $ 3.89 3.68 Options granted 333,588 2.81 Options forfeited/cancelled (5,208 ) 4.76 Options exercised (37,500 ) 0.32 Outstanding as of March 31, 2023 4,290,452 $ 3.83 3.57 $ 2,764,000 Options exercisable as of March 31, 2023 2,300,000 $ 3.88 3.14 $ 1,822,625 Number Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In Years) Aggregate Intrinsic Value Outstanding as of December 31, 2021 - $ - - Options issued upon acquisition of non-controlling interest 3,349,375 4.06 4.12 Outstanding as of March 31, 2022 3,349,375 $ 4.06 4.12
Schedule of options outstanding [Table Text Block]	Number of options Exercise price Remaining life Expiry date (years) 718,750 $ 1.92 2.96 March 15, 2026 1,866,667 $ 4.76 3.13 May 17, 2026 200,000 $ 5.09 3.46 September 13, 2026 300,000 $ 4.64 3.56 October 18, 2026 571,447 $ 3.01 4.43 September 1, 2027 300,000 $ 3.74 4.64 November 18, 2027 333,588 $ 2.81 4.93 March 1, 2028 4,290,452
Schedule of changes of warrant activity [Table Text Block]	Warrants Weighted average exercise price Balance, December 31, 2022 7,612,111 $ 2.08 Exercised (9,018 ) 2.08 Balance, March 31, 2023 7,603,093 $ 2.08 Warrants Weighted average exercise price Balance at March 31, 2022 and 7,615,718 $ 2.08
Schedule of company stock price performance relative to index performance [Table Text Block]	Company Stock Price Performance Relative to Index Performance by: Index Multiplier >=50% 200% Equals 100% negative 50% 50% <negative 50% 0%
Schedule of RSU and PSU awards activity [Table Text Block]	Number of RSU Awards Weighted- average grant date fair value per award Number of PSU Awards Weighted- average grant date fair value per award Outstanding at December 31, 2022 545,260 $ 3.17 112,842 $ 2.99 Granted 622,567 2.81 329,182 3.72 Settled - - (37,615 ) 2.95 Outstanding at March 31, 2023 1,167,827 $ 2.98 404,409 $ 3.59 Number of RSU Awards Weighted- average grant date fair value per award Outstanding at March 31, 2022 1,150,000 $ 4.95
DTRC [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Schedule of stock option activity and related information [Table Text Block]	Number Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In Years) Outstanding as of December 31, 2021 3,354,583 $ 4.06 4.37 Options expired (5,208 ) - - Canceled on acquisition of NCI (3,349,375 ) $ - - Outstanding as of March 31, 2022 - $ - -

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of components of income tax expense (benefit) [Table Text Block]	2023 2022 Income tax expense (benefit) computed at federal statutory rates $ (1,891,802 ) $ (1,574,588 ) Non-deductible expenses - (14,397 ) Change in valuation allowance 1,617,289 (3,714,758 ) Deferred income tax benefit $ (274,513 ) $ (5,303,743 )
Schedule of deferred tax assets and liabilities [Table Text Block]	March 31, 2023 December 31, Deferred tax assets: Net operating losses $ 7,371,199 $ 7,123,439 Stock-based compensation 2,418,861 2,147,387 Total 9,790,060 9,270,826 Less: valuation allowance (5,132,180 ) (3,514,894 ) Total deferred tax assets 4,657,880 5,755,932 Deferred tax liability: Property and equipment (25,460 ) (25,460 ) Mineral properties (5,706,587 ) (7,079,154 ) 16,562 16,564 Total deferred tax liabilities (5,715,485 ) (7,088,050 ) Total deferred taxes $ (1,057,605 ) $ (1,332,118 )

Organization and Nature of Bu_2

Organization and Nature of Business (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Sep. 10, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Entity incorporation, date of incorporation	Nov. 15, 2017
Cash	$ 20,300,000
Working capital	18,800,000
Proceeds from sale of common stock on at-the market ("ATM") program	$ 5,000,020	$ 0
Percentage of outstanding shares of common stock	100%		100%
ATM Program - Subsequent event [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Proceeds from sale of common stock on at-the market ("ATM") program	$ 78,000
DTRC's former stockholders [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Former stockholders of DTRC				49%
Percentage of outstanding shares of common stock				51%

Summary of Accounting Policie_2

Summary of Accounting Policies (Narrative) (Details)	Mar. 31, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
Percentage owned	100%	100%

Mineral Rights and Properties (

Mineral Rights and Properties (Narrative) (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) a Mining_claim	Dec. 31, 2022 USD ($)
Property, Plant and Equipment [Line Items]
Mineral rights and properties | $	$ 78,757,287	$ 78,737,287
Mining Properties and Mineral Rights [Member] | Blind Gold, City Creek, Cambrian Unconformity, Tinton, West Corridor, Ragged Top, Poorman Anticline, Maitland, And South Lead / Whistler Gulch [Member] | Dakota Gold [Member]
Property, Plant and Equipment [Line Items]
Percentage of voting interests acquired	100%
Mining Properties and Mineral Rights [Member] | Barrick Option, And The Richmond Hill Option [Member] | Dakota Gold [Member]
Property, Plant and Equipment [Line Items]
Percentage of voting interests acquired	100%
Black Hills [Member] | Unpatented Technology [Member]
Property, Plant and Equipment [Line Items]
Number of mining claims | Mining_claim	1,931
Area of land	33,475
Homestake [Member] | Unpatented Technology [Member]
Property, Plant and Equipment [Line Items]
Area of land	4,261
Richmond Hill [Member] | Unpatented Technology [Member]
Property, Plant and Equipment [Line Items]
Area of land	2,126
Additional Lands And Mineral Rights [Member] | Unpatented Technology [Member]
Property, Plant and Equipment [Line Items]
Area of land	5,890
Surface And Mineral Lease Rights [Member]
Property, Plant and Equipment [Line Items]
Area of land	45,752

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Related Party Transaction [Line Items]
Related party amounts of transaction	$ 15,000	$ 15,000

Property and Equipment (Narrati

Property and Equipment (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 60,740	$ 30,593

Property and Equipment - Schedu

Property and Equipment - Schedule of property and equipment (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,637,940	$ 1,593,307
Less accumulated depreciation	(387,257)	(326,517)
Property and equipment, net	1,250,683	1,266,790
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 70,000	70,000
Building [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life (Years)	39 years
Property, plant and equipment, gross	$ 804,095	768,338
Furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 763,845	$ 754,969
Furniture and equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life (Years)	3 years
Furniture and equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life (Years)	5 years

Accounts Payable and Accrued _3

Accounts Payable and Accrued Liabilities - Schedule of accounts payable and accrued liabilities (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Accounts Payable and Accrued Liabilities [Abstract]
Trade payables	$ 1,930,612	$ 1,752,312
Accrued liabilities	534,239	634,953
Other	17,618	127,598
Accounts Payable and Accrued Liabilities	$ 2,482,469	$ 2,514,863

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($)		1 Months Ended	3 Months Ended
	Apr. 03, 2023	Oct. 21, 2022	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	May 22, 2020
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Common stock, shares authorized			144,302,330		144,302,330		144,302,330
Common stock, par or stated value per share			$ 0.001		$ 0.001		$ 0.001
Common stock issued for exercise of options (Shares)			37,500
Common stock issued upon exercise of stock options			$ 12,000
Proceeds from exercise of warrants			18,757	$ 0
Proceeds from sale of common stock on at-the market ("ATM") program			5,000,020	0
Common stock issuance costs			97,500	0
Proceeds from stock options exercised			$ 12,000	$ 0
Number of share options granted			333,588
Weighted average exercise price of share options, granted			$ 2.81
Stock-based compensation expense			$ 647,649
Unrecognized compensation cost to unvested RSUs			$ 1,530,323
Vesting period			1 year 4 months 28 days
Common Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Common stock issued for exercise of options (Shares)			37,500
Common stock issued upon exercise of stock options			$ 37
Common stock issued for exercise of warrants (Shares)			9,018
Common stock issued for performance stock units ("PSUs") (Shares)			18,609
Additional Paid-in Capital [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Common stock issued upon exercise of stock options			$ 11,963
ATM Program [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Maximum proceeds from sale of common stock on at-the market ("ATM") program		$ 50,000,000
Number of common shares issued (Shares)			1,886,800
Proceeds from sale of common stock on at-the market ("ATM") program			$ 5,000,000
ATM Program - Subsequent event [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Proceeds from sale of common stock on at-the market ("ATM") program			78,000
Private Placement [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of units issued				329,528
Proceeds from units issued				$ 1,600,000
Exploration Costs [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense			99,612
General and Administrative Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense			$ 548,037
DTRC [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of units issued				35,208,728
Acquisition of DTRC common stock (Shares)				35,208,728
Percentage of ownership				100%
Stock-based compensation expense				$ 1,760,333
Weighted average grant date fair value of options			$ 1.43
Risk-free interest rate			3.99%
Estimated volatility			65%
Dividend yield			0%
Expected life			3 years 6 months
DTRC [Member] | 2022 Stock Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Common stock purchase options available for award				6,250,000
Shares remaining available for future grants			3,454,122
Term of options				5 years
DTRC [Member] | Exploration Costs [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense				$ 285,798
DTRC [Member] | General and Administrative Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense				$ 1,474,535
Warrants [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Warrants issued
Number of warrants outstanding			7,603,093	7,615,718	7,612,111	7,615,718
Class of warrant, outstanding remaining life			2 years 11 months 15 days
Class of warrants, outstanding expiry date			Mar. 15, 2026
RSUs and PSUs [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense			$ 645,085
Total unrecognized compensation cost related to unvested RSUs and PSUs			$ 3,903,210
Vesting period			1 year 9 months 7 days
RSUs and PSUs [Member] | Exploration Costs [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense			$ 102,334
RSUs and PSUs [Member] | General and Administrative Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense			$ 542,751
Restricted Stock Units ("RSU") [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense				$ 1,479,009
Fair value of units granted			$ 2.81
Vesting period			3 years
Number of awards granted			622,567
Number of awards settled			0
Restricted Stock Units ("RSU") [Member] | Exploration Costs [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense				$ 227,947
Restricted Stock Units ("RSU") [Member] | General and Administrative Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense				$ 1,251,062
Restricted Stock Units ("RSU") [Member] | Subsequent event [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of share options granted	13,000
Vesting period	3 years
Performance Share Units "PSU" [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Risk-free interest rate			4.70%
Estimated volatility			74%
Dividend yield			0%
Expected life			1 year 9 months 29 days
Fair value of units granted			$ 3.72
Vesting period			3 years
Number of awards granted			329,182
Value of awards granted			$ 1,223,456
Number of awards settled			37,615
Percentage of performance target settled			86%
Shares issued upon settlement of PSUs			18,609
Tax withholding obligation for PSUs			$ 38,000
Performance Share Units "PSU" [Member] | Minimum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Index multiplier			0%
Performance Share Units "PSU" [Member] | Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Index multiplier			200%

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of DTRC's stock option activity and related information (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Options outstanding, beginning of period	3,999,572	0	0
Weighted average exercise price at beginning of period	$ 3.89	$ 0	$ 0
Aggregate intrinsic value, beginning balance
Options granted	333,588
Weighted average exercise price of share options, granted	$ 2.81
Options exercised	(37,500)
Weighted average exercise price of share options exercised	$ 0.32
Options forfeited/cancelled	(5,208)
Weighted average exercise price of share options, forfeited/cancelled	$ 4.76
Options outstanding, end of period	4,290,452	3,349,375	3,999,572	0
Weighted average exercise price at end of period	$ 3.83	$ 4.06	$ 3.89	$ 0
Options outstanding, weighted average remaining contractual life (in years)	3 years 6 months 25 days	4 years 1 month 13 days	3 years 8 months 4 days
Options outstanding, aggregate intrinsic value, ending balance	$ 2,764,000
DTRC [Member] | 2021 Stock Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Options outstanding, beginning of period		3,354,583	3,354,583
Weighted average exercise price at beginning of period		$ 4.06	$ 4.06
Options expired		(5,208)
Canceled on acquisition of NCI		(3,349,375)
Options outstanding, end of period		0		3,354,583
Weighted average exercise price at end of period		$ 0		$ 4.06
Options outstanding, weighted average remaining contractual life (in years)				4 years 4 months 13 days

Stockholders' Equity - Schedu_2

Stockholders' Equity - Schedule of stock option activity and related information (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Share-based Payment Arrangement [Abstract]
Options outstanding, beginning of period	3,999,572	0	0
Weighted average exercise price at beginning of period	$ 3.89	$ 0	$ 0
Options outstanding, weighted average remaining contractual life (in years)	3 years 6 months 25 days	4 years 1 month 13 days	3 years 8 months 4 days
Aggregate intrinsic value, beginning balance
Options issued upon acquisition of non-controlling interest		3,349,375
Weighted average exercise price of options issued upon acquisition of non-controlling interest		$ 4.06
Remaining contractual life options issued upon acquisition of non-controlling interest		4 years 1 month 13 days
Options granted	333,588
Weighted average exercise price of share options, granted	$ 2.81
Options forfeited/cancelled	(5,208)
Weighted average exercise price of share options, forfeited/cancelled	$ 4.76
Options exercised	(37,500)
Weighted average exercise price of share options, exercised	$ 0.32
Options outstanding, end of period	4,290,452	3,349,375	3,999,572
Weighted average exercise price at end of period	$ 3.83	$ 4.06	$ 3.89
Options outstanding, aggregate intrinsic value, ending balance	$ 2,764,000
Number of options exercisable	2,300,000
Weighted average exercise price of options exercisable	$ 3.88
Options exercisable, weighted average remaining contractual life (in years)	3 years 1 month 20 days
Options exercisable, aggregate intrinsic value, ending balance	$ 1,822,625

Stockholders' Equity - Schedu_3

Stockholders' Equity - Schedule of options outstanding (Details) - $ / shares	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options	4,290,452	3,999,572	3,349,375	0
Exercise price	$ 3.83	$ 3.89	$ 4.06	$ 0
Options Outstanding 1 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options	718,750
Exercise price	$ 1.92
Remaining life (years)	2 years 11 months 15 days
Expiry date	Mar. 15, 2026
Options Outstanding 2 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options	1,866,667
Exercise price	$ 4.76
Remaining life (years)	3 years 1 month 17 days
Expiry date	May 17, 2026
Options Outstanding 3 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options	200,000
Exercise price	$ 5.09
Remaining life (years)	3 years 5 months 15 days
Expiry date	Sep. 13, 2026
Options Outstanding 4 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options	300,000
Exercise price	$ 4.64
Remaining life (years)	3 years 6 months 21 days
Expiry date	Oct. 18, 2026
Options Outstanding 5 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options	571,447
Exercise price	$ 3.01
Remaining life (years)	4 years 5 months 4 days
Expiry date	Sep. 01, 2027
Options Outstanding 6 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options	300,000
Exercise price	$ 3.74
Remaining life (years)	4 years 7 months 20 days
Expiry date	Nov. 18, 2027
Options Outstanding 7 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of options	333,588
Exercise price	$ 2.81
Remaining life (years)	4 years 11 months 4 days
Expiry date	Mar. 01, 2028

Stockholders' Equity - Schedu_4

Stockholders' Equity - Schedule of warrant activity (Details) - Warrants [Member] - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Warrants outstanding, beginning of period	7,612,111	7,615,718
Warrants outstanding, weighted average exercise price, beginning of period	$ 2.08	$ 2.08
Warrants issued
Warrants exercised	(9,018)
Warrants exercised, weighted average exercise price	$ 2.08
Warrants outstanding, end of period	7,603,093	7,615,718
Warrants outstanding, weighted average exercise price, end of period	$ 2.08	$ 2.08

Stockholders' Equity - Schedu_5

Stockholders' Equity - Schedule of Company Stock Price Performance Relative to Index Performance (Details) - Performance Share Units "PSU" [Member]	3 Months Ended
	Mar. 31, 2023
>=50% [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock price performance relative to index performance	>=50%
Index multiplier	200%
Equals [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock price performance relative to index performance	Equals
Index multiplier	100%
negative 50% [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock price performance relative to index performance	negative 50%
Index multiplier	50%
Less than negative 50% [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock price performance relative to index performance	<negative 50%
Index multiplier	0%

Stockholders' Equity - Schedu_6

Stockholders' Equity - Schedule of RSU and PSU awards activity (Details) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Restricted Stock Units ("RSU") [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Awards Outstanding, Beginning	545,260	1,150,000
Weighted-average grant date fair value per award, Beginning	$ 3.17	$ 4.95
Number of Awards, Granted	622,567
Weighted-average grant date fair value per award, Granted	$ 2.81
Number of Awards, Settled	0
Weighted-average grant date fair value per award, Settled	$ 0
Number of Awards Outstanding, Ending	1,167,827	1,150,000
Weighted-average grant date fair value per award, Ending	$ 2.98	$ 4.95
Performance Share Units "PSU" [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Awards Outstanding, Beginning	112,842
Weighted-average grant date fair value per award, Beginning	$ 2.99
Number of Awards, Granted	329,182
Weighted-average grant date fair value per award, Granted	$ 3.72
Number of Awards, Settled	(37,615)
Weighted-average grant date fair value per award, Settled	$ 2.95
Number of Awards Outstanding, Ending	404,409
Weighted-average grant date fair value per award, Ending	$ 3.59

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Period Of Operating Loss Carry Forward [Line Items]
Effective tax rate	3.05%	70.70%
Net operating loss carry forward	$ 35
Expire in 2027 [Member]
Period Of Operating Loss Carry Forward [Line Items]
Net operating loss carry forward	$ 8.5

Income Taxes - Schedule of comp

Income Taxes - Schedule of components of income tax expense (benefit) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income tax expense (benefit) computed at federal statutory rates	$ (1,891,802)	$ (1,574,588)
Non-deductible expenses	0	(14,397)
Change in valuation allowance	1,617,289	(3,714,758)
Total Deferred income tax benefit	$ (274,513)	$ (5,303,743)

Income Taxes - Schedule of defe

Income Taxes - Schedule of deferred tax assets and liabilities (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Deferred tax assets:
Net operating losses	$ 7,371,199	$ 7,123,439
Stock-based compensation	2,418,861	2,147,387
Total	9,790,060	9,270,826
Less: valuation allowance	(5,132,180)	(3,514,894)
Total deferred tax assets	4,657,880	5,755,932
Deferred tax liability:
Property and equipment	(25,460)	(25,460)
Mineral properties	(5,706,587)	(7,079,154)
Other	16,562	16,564
Total deferred tax liabilities	(5,715,485)	(7,088,050)
Net deferred tax liability	$ (1,057,605)	$ (1,332,118)

Subsequent Event(s) (Narrative)

Subsequent Event(s) (Narrative) (Details) - shares		3 Months Ended
	Apr. 03, 2023	Mar. 31, 2023
Subsequent Event [Line Items]
Number of share options granted		333,588
Vesting period		1 year 4 months 28 days
Restricted Stock Units (RSUs) [Member]
Subsequent Event [Line Items]
Vesting period		3 years
Subsequent Event [Member] | Restricted Stock Units (RSUs) [Member]
Subsequent Event [Line Items]
Number of share options granted	13,000
Vesting period	3 years