i-80 Gold (IAUX) 40-F 12 Mar 24 2023 FY Annual report (Canada) Financial data

Cover

Cover	12 Months Ended
	Dec. 31, 2023 shares
Entity Information [Line Items]
Document Type	40-F
Document Registration Statement	false
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Entity File Number	001-41382
Entity Registrant Name	i-80 Gold Corp.
Entity Incorporation, State or Country Code	A1
Entity Primary SIC Number	1040
Entity Address, Address Line One	5190 Neil Road
Entity Address, Address Line Two	Suite 460
Entity Address, City or Town	Reno
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89502
City Area Code	807
Local Phone Number	346-1390
Title of 12(b) Security	Common shares, no par value
Trading Symbol	IAUX
Security Exchange Name	NYSEAMER
Annual Information Form	true
Audited Annual Financial Statements	true
Entity Common Stock, Shares Outstanding	298,502,334
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Entity Central Index Key	0001853962
Amendment Flag	false
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
Business Contact
Entity Information [Line Items]
Entity Address, Address Line One	1015 15th Street N.W.
Entity Address, Address Line Two	Suite 1000
Entity Address, City or Town	Washington
Entity Address, State or Province	DC
Entity Address, Postal Zip Code	20005
City Area Code	202
Local Phone Number	572-3133
Contact Personnel Name	CT Corporation System

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2023
Auditor Information [Abstract]
Auditor Name	Grant Thornton LLP
Auditor Firm ID	248
Auditor Location	United States

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 16,277	$ 48,276
Receivables	4,316	623
Inventory	11,387	16,535
Prepaids and deposits	4,631	5,595
Current portion of other assets	3,202	6,280
Total current assets	39,813	77,309
Non-current assets
Other assets	765	2,487
Restricted cash and cash equivalents	44,488	32,902
Property, plant and equipment	638,627	529,261
Total non-current assets	683,880	564,650
Total assets	723,693	641,959
Current liabilities
Accounts payable	12,849	10,622
Accrued liabilities	14,333	6,612
Current portion of long-term debt	31,939	21,288
Current provision for environmental rehabilitation	543	946
Current portion of other liabilities	1,186	46,181
Total current liabilities	60,850	85,649
Non-current liabilities
Deferred tax liabilities	0	8,020
Long-term debt	148,335	94,588
Provision for environmental rehabilitation	70,979	70,680
Non-current portion of other liabilities	17,265	49,610
Total non-current liabilities	236,579	222,898
Total liabilities	297,429	308,547
EQUITY
Share capital	489,270	354,470
Reserves	19,311	15,042
Deficit	(82,317)	(36,100)
Total equity	426,264	333,412
Total liabilities and equity	$ 723,693	$ 641,959

CONSOLIDATED STATEMENTS OF LOSS

CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Profit or loss [abstract]
Revenue	$ 54,910	$ 36,958
Cost of sales	(52,852)	(28,861)
Depletion, depreciation and amortization	(7,202)	(4,528)
Mine operating (loss) income	(5,144)	3,569
Expenses
Exploration, evaluation and pre-development	38,913	38,809
General and administrative	18,512	17,090
Property maintenance	10,313	3,249
Share-based payments	3,122	3,280
Loss before the following	(76,004)	(58,859)
Other (expense) income	34,922	(11,683)
Finance expense	(31,906)	(20,488)
Loss before income taxes	(72,988)	(91,030)
Current tax expense	228	0
Deferred tax recovery	8,020	11,833
Loss for the year	(65,196)	(79,197)
Loss and comprehensive loss for the period	$ (65,196)	$ (79,197)
Basic loss per common share (in dollars per share)	$ (0.24)	$ (0.33)
Diluted loss per common share (in dollars per share)	$ (0.24)	$ (0.33)
Basic weighted average shares outstanding (in shares)	274,057,213	240,100,023
Diluted weighted average share outstanding (in shares)	274,057,213	240,100,023

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS $ in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
OPERATING ACTIVITIES
Loss for the period	$ (65,196)	$ (79,197)
Items not affecting cash
Depletion, depreciation and amortization	8,846	6,184
Non-cash share-based payments	2,309	2,915
Non-cash items included in other income	(32,891)	8,066
Loss on foreign exchange	29	403
Finance expense	31,860	20,460
Deferred taxes	(8,020)	(11,833)
Change in non-cash working capital balances related to operations	8,445	7,160
Cash used in operating activities	(54,618)	(45,842)
INVESTING ACTIVITIES
Net cash acquired in acquisition of Paycore Minerals Inc.	10,027	0
Capital expenditures on property, plant and equipment	(39,513)	(50,221)
Environmental liability security	(11,585)	(2,125)
Reclamation expenditures	(540)	(622)
Other assets	0	(1,767)
Purchase of investments	(894)	0
Cash used in investing activities	(42,505)	(54,735)
FINANCING ACTIVITIES
Contingent payments	(21,000)	0
Proceeds from shares issued in equity financing	27,693	0
Share issue costs	(1,768)	0
Stock option and warrant exercises	1,949	3,139
Other	(349)	(437)
Cash provided by financing activities	65,163	61,427
Change in cash and cash equivalents during the year	(31,960)	(39,150)
Cash and cash equivalents, beginning of year	48,276	87,658
Effect of exchange rate changes on cash held	(39)	(232)
Cash and cash equivalents, end of year	16,277	48,276
Convertible Debentures
FINANCING ACTIVITIES
Net proceeds	61,906	0
Gold Prepay Agreement
FINANCING ACTIVITIES
Net proceeds	18,932	41,737
Principal repayment	(16,475)	(12,901)
Silver Purchase Agreement
FINANCING ACTIVITIES
Net proceeds	0	29,889
Principal repayment	$ (5,725)	$ 0

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Total	Paycore Minerals Inc.	Acquisition of Ruby Hill	Share capital	Share capital Paycore Minerals Inc.	Share capital Acquisition of Ruby Hill	Equity settled employee benefits	Equity settled employee benefits Paycore Minerals Inc.	Deficit
Number of shares, beginning (in shares) at Dec. 31, 2021				238,703,817
Equity, beginning at Dec. 31, 2021	$ 406,978			$ 350,198			$ 13,683		$ 43,097
Exercise of warrants and stock options (in shares)				1,857,200
Exercise of warrants and stock options	3,699			$ 4,272			(573)
Share-based payments	1,932						1,932
Loss for the period	(79,197)								(79,197)
Number of shares, ending (in shares) at Dec. 31, 2022				240,561,017
Equity, ending at Dec. 31, 2022	333,412			$ 354,470			15,042		(36,100)
Shares issued in acquisition (in shares)					30,505,575	12,128,695
Shares issued in acquisition		$ 81,302	$ 26,000		$ 78,787	$ 26,000		$ 2,515
Shares issued in equity financing (in shares)				13,629,800
Shares issued in equity financing	27,693			$ 27,693
Shares to be issued in relation to Convertible Loan (in shares)				800,449
Shares issued in relation to Convertible Loan	1,731			$ 1,665					66
Exercise of warrants and stock options (in shares)				876,798
Exercise of warrants and stock options	2,070			$ 2,423			(353)
Share-based payments	2,107						2,107
Convertible Debenture conversion option	18,913								18,913
Share issue costs	(1,768)			$ (1,768)
Loss for the period	(65,196)								(65,196)
Number of shares, ending (in shares) at Dec. 31, 2023				298,502,334
Equity, ending at Dec. 31, 2023	$ 426,264			$ 489,270			$ 19,311		$ (82,317)

NATURE OF OPERATIONS

NATURE OF OPERATIONS	12 Months Ended
	Dec. 31, 2023
Corporate information and statement of IFRS compliance [abstract]
NATURE OF OPERATIONS	NATURE OF OPERATIONS i-80 Gold Corp ("i-80 Gold" or the "Company"), is a Nevada-focused, growth-oriented gold and silver producer engaged in the exploration, development and production of gold, silver and poly-metallic deposits. The Company's principal assets include the Ruby Hill Mine, Lone Tree Mine, Granite Creek Mine and McCoy-Cove Project. Each property is wholly-owned by the Company. The Company was incorporated on November 10, 2020, in the province of British Columbia, Canada. The Company’s common shares are listed on the Toronto Stock Exchange (“TSX”) under the symbol IAU and the New York Stock Exchange ("NYSE") under the symbol IAUX. Its head office is located at Suite 460, 5190 Neil Road, Reno, Nevada, 89502.

BASIS OF PREPARATION

BASIS OF PREPARATION	12 Months Ended
	Dec. 31, 2023
Disclosure of objectives, policies and processes for managing capital [abstract]
BASIS OF PREPARATION	BASIS OF PREPARATION (a) Statement of compliance These Consolidated Financial Statements (the "Financial Statements") have been prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board ("IFRS Accounting Standards"). These Financial Statements were approved and authorized for issuance by the Board of Directors on March 12, 2024. (b) Basis of presentation The Financial Statements have been prepared using the measurement bases specified by IFRS Accounting Standards for each type of asset, liability, income and expense. Measurement bases are more fully described in the accounting policies below. These Financial Statements have been prepared by management on a going concern basis in accordance with IFRS Accounting Standards. The going concern basis of presentation assumes the Company will continue in operation for the foreseeable future and will be able to realize its assets and discharge its liabilities and commitments in the normal course of business. The Company’s ability to execute its plan and fulfill its commitments as they come due is dependent upon its success in obtaining additional financing. While management has been successful in raising additional funds in the past, there can be no assurance that it will be able to do so in the future. Given the Company’s working capital deficit, current operating losses and management’s expectation of future losses until it has fully executed its strategy, the inability of the Company to arrange appropriate financing in a timely manner could result in the carrying value of the Company’s assets being subject to material adjustment. These conditions indicate the existence of material uncertainties which cast significant doubt as to the Company’s ability to continue as a going concern. These Financial Statements have been prepared assuming the Company will continue as a going concern and do not include any adjustments to the amounts and classifications of assets and liabilities that might be necessary if the Company is not able to continue as a going concern. Such adjustments could be material. (c) Basis of consolidation The Financial Statements incorporate the financial statements of the Company and entities controlled by the Company. Control is achieved when the Company is exposed to variable returns and has the ability to affect those returns through power to direct the relevant activities. The existence and effect of potential voting rights that are currently exercisable or convertible are considered when assessing whether the Company controls another entity. Subsidiaries are fully consolidated from the date on which control is transferred to the Company. Subsidiaries will be de-consolidated from the date that control ceases. The Company's principal properties and material subsidiaries are as follows: Subsidiary Location Percentage of ownership Property Principle activity Premier Gold Mines USA Inc. Nevada 100% Holding Mineral exploration Goldcorp Dee LLC Humboldt, Nevada 100% Lone Tree Production Ruby Hill Mining Company LLC Eureka, Nevada 100% Ruby Hill Production Osgood Mining Company LLC Humboldt, Nevada 100% Granite Creek Development Au-Reka Gold LLC Eureka, Nevada 100% McCoy-Cove Pre-development Golden Hill Mining LLC Eureka, Nevada 100% FAD Mineral exploration Argenta LLC Lander, Nevada 100% Inactive Mineral exploration All transactions and balances between the Company and its subsidiaries are eliminated on consolidation, including unrealized gains and losses on transactions between the companies. Where unrealized losses on intra-group asset sales are reversed on consolidation, the underlying asset is also tested for impairment from a group perspective. Amounts reported in the financial statements of subsidiaries have been adjusted where necessary to ensure consistency with the accounting policies adopted by the Company. Profit or loss and other comprehensive income of subsidiaries acquired or disposed of during the period are recognized from the effective date of acquisition, or up to the effective date of disposal, as applicable. (d) Business combinations For business combinations that are determined to be a combination of businesses not under common control, the consideration transferred by the Company to obtain control of a subsidiary is calculated as the sum of the acquisition date fair values of the assets transferred, the liabilities assumed and the equity interests issued by the Company, which includes the fair value of any asset or liability arising from a contingent consideration arrangement. Acquisition costs are expensed as incurred. The Company recognizes identifiable assets acquired and liabilities assumed in a business combination regardless of whether they have been previously recognized in the acquiree's financial statements prior to the acquisition. Assets acquired and liabilities assumed are generally measured at their acquisition date fair values. Goodwill is stated after separate recognition of identifiable intangible assets. It is calculated as the excess of the sum of a) fair value of consideration transferred, b) the recognized amount of any non-controlling interest in the acquiree and c) acquisition date fair value of any existing equity interest in the acquiree, over the acquisition date fair values of identifiable net assets. If the fair values of identifiable net assets exceed the sum calculated above, the excess amount is recognized immediately as income in the statement of income or loss and comprehensive income or loss. (e) Functional and presentation currency The functional currency of the Company and its subsidiaries is the United States dollar ("USD" or "US dollars") which reflects the underlying transactions, events and conditions that are relevant to the entity. Management considers primary and secondary indicators in determining functional currency including the currency that influences sales prices, labour, purchases and other costs. Other indicators include the currency in which funds from financing activities are generated and the currency in which receipts from operations are usually retained. Reference to $ or USD is to US dollars, reference to C$ or CAD is to Canadian dollars. MATERIAL ACCOUNTING POLICIES (a) Financial instruments Financial instruments are measured on initial recognition at fair value, plus, in the case of financial instruments other than those classified as fair value through profit or loss ("FVTPL"), directly attributable transaction costs. Financial instruments are recognized when the Company becomes a party to the contracts that give rise to them and are classified at amortized cost, fair value through profit or loss or fair value through other comprehensive income, as appropriate. The Company considers whether a contract contains an embedded derivative when the entity first becomes a party to it. The embedded derivatives are separated from the host contract if the host contract is not measured at fair value through profit or loss and when the economic characteristics and risks are not closely related to those of the host contract. Reassessment only occurs if there is a change in the terms of the contract that significantly modifies the cash flows that would otherwise be required. Financial assets at FVTPL Financial assets at FVTPL include financial assets held for trading and financial assets not designated upon initial recognition as amortized cost or fair value through other comprehensive income ("FVOCI"). A financial asset is classified in this category principally for the purpose of selling in the short term, or if so designated by management. Transaction costs are expensed as incurred. On initial recognition, a financial asset that otherwise meets the requirements to be measured at amortized cost or FVOCI may be irrevocably designated as FVTPL if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise. Financial assets measured at FVTPL are measured at fair value with changes in fair value recognized in profit or loss. Financial assets at amortized cost A financial asset is measured at amortized cost if it is held within a business model whose objective is to hold assets to collect contractual cash flows and its contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding, and is not designated as FVTPL. Financial assets classified as amortized cost are measured subsequent to initial recognition at amortized cost using the effective interest method. The effective interest method is a method of calculating the amortized cost of a financial asset or financial liability and of allocating interest income or expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts/payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial instrument, or (when appropriate) a shorter period, to the net carrying amount on initial recognition. Financial liabilities Financial liabilities are classified as measured at amortized cost or FVTPL. A financial liability is classified as at FVTPL if it is classified as held-for-trading, it is a derivative or it is designated as such on initial recognition. Financial liabilities at FVTPL are measured at fair value and net gains and losses, including any interest expense, are recognized in profit or loss. Other financial liabilities are subsequently measured at amortized cost using the effective interest method. Gains and losses are recognized in net earnings when the liabilities are derecognized as well as through the amortization process. Borrowing liabilities are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least 12 months after the statement of financial position date. Derivative instruments Derivative instruments, including embedded derivatives, are measured at fair value on initial recognition and at each subsequent reporting period. Any gains or losses arising from changes in fair value on derivatives are recorded in profit or loss. Fair values The fair value of quoted investments is determined by reference to market prices at the close of business on the statement of financial position date. Where there is no active market, fair value is determined using valuation techniques. These include using recent arm’s length market transactions; reference to the current market value of another instrument which is substantially the same; discounted cash flow analysis; and, pricing models. Financial instruments that are measured at fair value subsequent to initial recognition are grouped into a hierarchy based on the degree to which the fair value is observable as follows: Level 1 fair value measurements are quoted prices (unadjusted) in active markets for identical assets or liabilities; Level 2 fair value measurements are those derived from inputs other than quoted prices included within Level 1 that are observable for the asset or liability either directly (i.e. as prices) or indirectly (i.e. derived from prices); and Level 3 fair value measurements are those derived from valuation techniques that include inputs for the asset or liability that are not based on observable market data (unobservable inputs). Impairment of financial assets A loss allowance for expected credit losses is recognized in net income (loss) for financial assets measured at amortized cost. At each balance sheet date, on a forward-looking basis, the Company assesses the expected credit losses associated with its financial assets carried at amortized cost and FVOCI. The impairment methodology applied depends on whether there has been a significant increase in credit risk. The impairment model does not apply to investments in equity instruments. The expected credit losses are required to be measured through a loss allowance at an amount equal to the 12-month expected credit losses (expected credit losses that result from those default events on the financial instrument that are possible within 12 months after the reporting date) or full lifetime expected credit losses (expected credit losses that result from all possible default events over the life of the financial instrument). A loss allowance for full lifetime expected credit losses is required for a financial instrument if the credit risk of that financial instrument has increased significantly since initial recognition. Derecognition of financial assets and liabilities A financial asset is derecognized when either the rights to receive cash flows from the asset have expired or the Company has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material delay to a third party. If neither the rights to receive cash flows from the asset have expired nor the Company has transferred its rights to receive cash flows from the asset, the Company will assess whether it has relinquished control of the asset or not. If the Company does not control the asset then derecognition is appropriate. A financial liability is derecognized when the associated obligation is discharged or canceled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognized in net earnings. Modification of contractual cash flows A substantial modification of the terms of a financial liability is accounted for as an extinguishment of the existing financial liability and the recognition of a new financial liability. The terms are substantially different if the net present value of the cash flows discounted using the original effective interest rate under the new terms is at least 10% different from the discounted present value of the remaining cash flows of the original financial liability. When the contractual cash flows of a financial liability are renegotiated or otherwise modified and the renegotiation or modification does not result in the extinguishment of the financial liability, the Company recalculates the gross carrying amount of the financial liability and recognizes a modification gain or loss in net income or loss. The gross carrying amount of the financial liability is calculated as the present value of the modified contractual cash flows that are discounted at the financial asset or financial liability’s original effective interest rate. (b) Inventory Material extracted from our mines is classified as either ore or waste. Ore represents material that, at the time of extraction, is expected to be processed into a saleable form and sold at a profit. Raw materials are comprised of both ore in stockpiles and ore on leach pads as processing is required to extract benefit from the ore. Ore is accumulated in stockpiles that are subsequently processed into gold and silver in a saleable form. The recovery of gold from certain oxide ores is achieved through the heap leaching process. Work-in-process represents gold and silver in the processing circuit that has not completed the production process, and is not yet in a saleable form. Finished goods inventory represents gold and silver in saleable form. Mine operating supplies represent commodity consumables and other raw materials used in the production process, as well as spare parts and other maintenance supplies that are not classified as capital items. Inventories are valued at the lower of cost and net realizable value ("NRV"). Cost is determined on a weighted average basis and includes all costs incurred, based on a normal production capacity, in bringing each product to its present location and condition. Cost of inventories comprises direct labour, materials and contractor expenses, including non-capitalized stripping costs; depreciation on property, plant and equipment including capitalized stripping costs; and an allocation of general and administrative costs. As ore is removed for processing, costs are removed based on the average cost per ounce in the stockpile. Provisions to reduce inventory to NRV are recorded to reflect changes in economic factors that impact inventory value and to reflect present intentions for the use of slow moving and obsolete supplies inventory. NRV is determined with reference to relevant market prices less applicable variable selling expenses. Provisions recorded also reflect an estimate of the remaining costs of completion to bring the inventory into its saleable form. Provisions are also recorded to reduce mine operating supplies to NRV, which is generally calculated by reference to its salvage or scrap value, when it is determined that the supplies are obsolete. Provisions are reversed to reflect subsequent recoveries in NRV where the inventory is still on hand. (c) Property, plant and equipment General Property, plant and equipment are recorded at cost less accumulated depreciation, depletion and impairment charges. Major overhaul expenditures and the cost of replacement of a component of plant and mobile equipment are capitalized and depreciated over the average expected life between major overhauls. All other replacement spares and other costs relating to maintenance of mobile equipment are charged to the cost of production. Directly attributable costs incurred for major capital projects and site preparation are capitalized until the asset is in a location and condition necessary for operation as intended by management. These costs include dismantling and site restoration costs to the extent these are recognized as a provision. Management annually reviews the estimated useful lives, residual values and depreciation methods of the Company’s property, plant and equipment and also when events or changes in circumstances indicate that such a review should be made. Changes to estimated useful lives, residual values or depreciation methods resulting from such review are accounted for prospectively. An item of property, plant and equipment is de-recognized upon disposal or when no further future economic benefits are expected from its use or disposal. Any gain or loss arising on de-recognition of the asset (calculated as the difference between any proceeds received and the carrying amount of the asset) is included in the statements of income or loss and comprehensive income or loss in the period the asset is de-recognized. Exploration, evaluation and pre-development expenditures The exploration, evaluation and pre-development expenditure policy is to charge exploration and evaluation expenditures within an area of interest as expense until management concludes that the technical feasibility and commercial viability of extracting a mineral resource are demonstrable and that future economic benefits are probable. In making this determination, the extent of exploration, as well as the degree of confidence in the mineral resource is considered. Once a project has been established as commercially viable and technically feasible and has been subject to an impairment analysis, further expenditures are capitalized and classified as development properties. Exploration, evaluation and pre-development expenditures consist of: – gathering exploration data through topographical and geotechnical studies; – exploratory drilling, trenching and sampling; – determining the volume and grade of the resource; – test work on geology, metallurgy, mining, geotechnical and environmental; and – conducting engineering, marketing and financial studies. Exploration and evaluation assets acquired are initially recognized at fair value as exploration rights within tangible assets. Development properties (underground and open pit) A property, either open pit or underground, is classified as a development property when a mine plan has been prepared and technical feasibility has been established, a permit has been obtained and a decision is made to commercially develop the property and mineralization is classified as proven and probable. Development expenditure is accumulated separately for each area of interest for which economically recoverable mineral reserves have been identified. All expenditures incurred prior to the commencement of commercial production from each development property are capitalized. Commercial production is the point at which a mine is capable of operating in the manner intended by the Company's management. In addition, capitalized costs are assessed for impairment when there is an indicator of impairment. Proceeds received from selling output produced before the asset is ready for its intended use are recognized in profit or loss. The related cost of producing the output is measured using the guidance in IAS 2, ‘Inventories’, and it is recognized as an expense in profit or loss when sold. Development properties are not amortized until they are reclassified as mine property assets following the achievement of commercial levels of production. Mine properties After a mine property has been brought into commercial production, costs of any additional mining, in-pit drilling and related work on that property are expensed as incurred. Mine development costs incurred to expand operating capacity, develop new ore bodies or develop mine areas in advance of current production, including the stripping of waste material, are deferred and then amortized on a unit-of- production basis. Deferred stripping costs Stripping costs incurred in the production phase of a mining operation are accounted for as variable production costs and are included in the costs of inventory produced. Stripping activity that improves access to ore in a future period is accounted for as an addition to or enhancement of an existing asset. The Company recognizes stripping activity assets when it is probable that the future economic benefit associated with the stripping activity will flow to the Company; the component of the ore body for which access has been improved can be identified; and the costs relating to the stripping activity associated with that component can be measured reliably. Stripping activity assets are amortized on a unit of production basis in subsequent periods over the proven and probable reserves to which they relate. Depreciation and depletion The carrying amounts of mine properties, plant and equipment are depreciated or depleted to their estimated residual value over the estimated economic life of the specific assets to which they relate, using the depreciation methods or depletion rates as indicated below. Estimates of residual values or useful lives and depreciation methods are reassessed annually and any change in estimate is taken into account in the determination of the remaining depreciation or depletion rate. Depreciation or depletion commences on the date the asset is available for its use as intended by management. Depreciation or depletion is computed using the following rates: Item Methods Rates Mine properties Units of production Estimated proven and probable mineral reserves Equipment, leasehold improvements Straight line Lesser of lease term and estimated useful life Buildings Straight line 20 years Furniture, office equipment and software Straight line 2 – 5 years Plant and equipment Straight line, units of production 4 – 10 years, estimated proven and probable mineral reserves Mining equipment Straight line 1 – 10 years based on life of mine Deferred stripping costs Units of production Estimated proven and probable mineral reserves accessible due to stripping activity (d) Provisions Provisions are recognized when the Company or its subsidiaries have a present obligation (legal or constructive) as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. The amount recognized as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period. If the effect of the time value of money is material, provisions are determined by discounting the expected future cash flows at a pretax rate that reflects current market assessments of the time value of money and, where appropriate, the risks specific to the liability. Where discounting is used, the increase in the provision due to the passage of time is recognized as a finance cost. Contingent liabilities are not recognized in the financial statements, if not estimatable and probable, and are disclosed in notes to the financial information unless their occurrence is remote. Contingent assets are not recognized in the financial statements, but are disclosed in the notes if their recovery is deemed probable. Environmental rehabilitation Provisions for environmental rehabilitation are made in respect of the estimated future costs of closure and restoration and for environmental rehabilitation costs (which include the dismantling and demolition of infrastructure, removal of residual materials and remediation of disturbed areas) in the accounting period when the related environmental disturbance occurs. The provision is discounted using a pretax rate, and the unwinding of the discount is included in finance costs. At the time of establishing the provision, a corresponding asset is capitalized and is depreciated over future production from the mining property to which it relates. The provision is reviewed each reporting period for changes in cost estimates, discount rates and operating lives. Changes to estimated future costs are recognized in the statement of financial position by adjusting the rehabilitation asset and liability. If, for mature mines, the revised mine assets net of rehabilitation provisions exceeds the carrying value, that portion of the increase is charged directly to expenses. For closed sites, changes to estimated costs are recognized immediately in profit and loss. (e) Leases At inception of a contract, the Company assesses whether a contract is, or contains, a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. To assess whether a contract conveys the right to control the use of an identified asset, the Company assesses whether the: – contract involves the use of an identified asset: – this may be specified explicitly or implicitly, – should be physically distinct or represent substantially all of the capacity of a physically distinct asset, and – if the supplier has a substantive substitution right, then the asset is not identified. – Company has the right to obtain substantially all of the economic benefits from use of the asset throughout the period of use, and – Company has the right to direct the use of the asset. The Company has this right when it has the decision-making rights that are most relevant to changing how and for what purpose the asset is used. In rare cases where the decision about how and for what purpose the asset is used is predetermined, the Company has the right to direct the use of the asset if either the: – Company has the right to operate the asset, or – Company designed the asset in a way that predetermines how and for what purpose it will be used. At inception or on reassessment of a contract that contains a lease component, the Company allocates the consideration in the contract to each lease component on the basis of their relative stand-alone prices. However, for the leases of land and buildings in which it is a lessee, the Company has elected not to separate non-lease components and account for the lease and non-lease components as a single lease component. The Company recognizes a right-of-use asset and a lease liability at the lease commencement date. The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred and an estimate of costs to dismantle and remove the underlying asset or to restore the underlying asset or the site on which it is located, less any lease incentives received. The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the earlier of the end of the useful life of the right-of-use asset or the end of the lease term. The estimated useful lives of right-of-use assets are determined on the same basis as those of property and equipment. In addition, the right-of-use asset will be periodically reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease liability when applicable. The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company's incremental borrowing rate. Generally, the Company uses its incremental borrowing rate as the discount rate. Lease payments included in the measurement of the lease liability comprise the following: – fixed payments, including in-substance fixed payments, – variable lease payments that depend on an index or a rate, initially measured using the index or rate as at the commencement date, – amounts expected to be payable under a residual value guarantee, and – the exercise price under a purchase option that the Company is reasonably certain to exercise, lease payments in an optional renewal period if the Company is reasonably certain to exercise an extension option, and penalties for early termination of a lease unless the Company is reasonably certain not to terminate early. The lease liability is measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Company's estimate of the amount expected to be payable under a residual value guarantee, or if the Company changes its assessment of whether it will exercise a purchase, extension or termination option. When the lease liability is remeasured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. The Company presents right-of-use assets that do not meet the definition of investment property in “Property, plant and equipment" and lease liabilities in “Other liabilities". The Company has elected not to recognize right-of-use assets and lease liabilities for short-term leases of items that have a lease term of 12 months or less and leases of low-value assets including non-specialized IT equipment. The Company recognizes the lease payments associated with these leases as an expense on a straight-line basis over the lease term. (f) Share capital and warrants Share capital represents the fair value of consideration received. Equity instruments are contracts that give a residual interest in the net assets of the Company. Financial instruments issued by the Company are classified as equity only to the extent that they do not meet the definition of a financial liability or financial asset. Incremental costs directly attributable to the issue of new shares or options are also shown in equity as a deduction. The Company periodically issues units to investors consisting of common shares and warrants in non-brokered private placements or as additional consideration in a brokered financing or purchase transaction. Each whole warrant issued entitles the holder to acquire a common share of the Company, at a fixed Canadian dollar price over a specified term. These warrants are not transferable from the original investor to a new investor and are considered derivatives because their exercise price is in CAD whereas the Company’s functional currency is in USD. Accordingly, the Company recognizes the warrants as a liability at fair value with changes in fair value recognized in profit or loss. When investor or other warrants are exercised, the liability is revalued prior to de-recognition with the change in fair value recognized in profit or loss, proceeds received are added

MATERIAL ACCOUNTING POLICIES

MATERIAL ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2023
Material Accounting Policies [Abstract]
MATERIAL ACCOUNTING POLICIES	BASIS OF PREPARATION (a) Statement of compliance These Consolidated Financial Statements (the "Financial Statements") have been prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board ("IFRS Accounting Standards"). These Financial Statements were approved and authorized for issuance by the Board of Directors on March 12, 2024. (b) Basis of presentation The Financial Statements have been prepared using the measurement bases specified by IFRS Accounting Standards for each type of asset, liability, income and expense. Measurement bases are more fully described in the accounting policies below. These Financial Statements have been prepared by management on a going concern basis in accordance with IFRS Accounting Standards. The going concern basis of presentation assumes the Company will continue in operation for the foreseeable future and will be able to realize its assets and discharge its liabilities and commitments in the normal course of business. The Company’s ability to execute its plan and fulfill its commitments as they come due is dependent upon its success in obtaining additional financing. While management has been successful in raising additional funds in the past, there can be no assurance that it will be able to do so in the future. Given the Company’s working capital deficit, current operating losses and management’s expectation of future losses until it has fully executed its strategy, the inability of the Company to arrange appropriate financing in a timely manner could result in the carrying value of the Company’s assets being subject to material adjustment. These conditions indicate the existence of material uncertainties which cast significant doubt as to the Company’s ability to continue as a going concern. These Financial Statements have been prepared assuming the Company will continue as a going concern and do not include any adjustments to the amounts and classifications of assets and liabilities that might be necessary if the Company is not able to continue as a going concern. Such adjustments could be material. (c) Basis of consolidation The Financial Statements incorporate the financial statements of the Company and entities controlled by the Company. Control is achieved when the Company is exposed to variable returns and has the ability to affect those returns through power to direct the relevant activities. The existence and effect of potential voting rights that are currently exercisable or convertible are considered when assessing whether the Company controls another entity. Subsidiaries are fully consolidated from the date on which control is transferred to the Company. Subsidiaries will be de-consolidated from the date that control ceases. The Company's principal properties and material subsidiaries are as follows: Subsidiary Location Percentage of ownership Property Principle activity Premier Gold Mines USA Inc. Nevada 100% Holding Mineral exploration Goldcorp Dee LLC Humboldt, Nevada 100% Lone Tree Production Ruby Hill Mining Company LLC Eureka, Nevada 100% Ruby Hill Production Osgood Mining Company LLC Humboldt, Nevada 100% Granite Creek Development Au-Reka Gold LLC Eureka, Nevada 100% McCoy-Cove Pre-development Golden Hill Mining LLC Eureka, Nevada 100% FAD Mineral exploration Argenta LLC Lander, Nevada 100% Inactive Mineral exploration All transactions and balances between the Company and its subsidiaries are eliminated on consolidation, including unrealized gains and losses on transactions between the companies. Where unrealized losses on intra-group asset sales are reversed on consolidation, the underlying asset is also tested for impairment from a group perspective. Amounts reported in the financial statements of subsidiaries have been adjusted where necessary to ensure consistency with the accounting policies adopted by the Company. Profit or loss and other comprehensive income of subsidiaries acquired or disposed of during the period are recognized from the effective date of acquisition, or up to the effective date of disposal, as applicable. (d) Business combinations For business combinations that are determined to be a combination of businesses not under common control, the consideration transferred by the Company to obtain control of a subsidiary is calculated as the sum of the acquisition date fair values of the assets transferred, the liabilities assumed and the equity interests issued by the Company, which includes the fair value of any asset or liability arising from a contingent consideration arrangement. Acquisition costs are expensed as incurred. The Company recognizes identifiable assets acquired and liabilities assumed in a business combination regardless of whether they have been previously recognized in the acquiree's financial statements prior to the acquisition. Assets acquired and liabilities assumed are generally measured at their acquisition date fair values. Goodwill is stated after separate recognition of identifiable intangible assets. It is calculated as the excess of the sum of a) fair value of consideration transferred, b) the recognized amount of any non-controlling interest in the acquiree and c) acquisition date fair value of any existing equity interest in the acquiree, over the acquisition date fair values of identifiable net assets. If the fair values of identifiable net assets exceed the sum calculated above, the excess amount is recognized immediately as income in the statement of income or loss and comprehensive income or loss. (e) Functional and presentation currency The functional currency of the Company and its subsidiaries is the United States dollar ("USD" or "US dollars") which reflects the underlying transactions, events and conditions that are relevant to the entity. Management considers primary and secondary indicators in determining functional currency including the currency that influences sales prices, labour, purchases and other costs. Other indicators include the currency in which funds from financing activities are generated and the currency in which receipts from operations are usually retained. Reference to $ or USD is to US dollars, reference to C$ or CAD is to Canadian dollars. MATERIAL ACCOUNTING POLICIES (a) Financial instruments Financial instruments are measured on initial recognition at fair value, plus, in the case of financial instruments other than those classified as fair value through profit or loss ("FVTPL"), directly attributable transaction costs. Financial instruments are recognized when the Company becomes a party to the contracts that give rise to them and are classified at amortized cost, fair value through profit or loss or fair value through other comprehensive income, as appropriate. The Company considers whether a contract contains an embedded derivative when the entity first becomes a party to it. The embedded derivatives are separated from the host contract if the host contract is not measured at fair value through profit or loss and when the economic characteristics and risks are not closely related to those of the host contract. Reassessment only occurs if there is a change in the terms of the contract that significantly modifies the cash flows that would otherwise be required. Financial assets at FVTPL Financial assets at FVTPL include financial assets held for trading and financial assets not designated upon initial recognition as amortized cost or fair value through other comprehensive income ("FVOCI"). A financial asset is classified in this category principally for the purpose of selling in the short term, or if so designated by management. Transaction costs are expensed as incurred. On initial recognition, a financial asset that otherwise meets the requirements to be measured at amortized cost or FVOCI may be irrevocably designated as FVTPL if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise. Financial assets measured at FVTPL are measured at fair value with changes in fair value recognized in profit or loss. Financial assets at amortized cost A financial asset is measured at amortized cost if it is held within a business model whose objective is to hold assets to collect contractual cash flows and its contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding, and is not designated as FVTPL. Financial assets classified as amortized cost are measured subsequent to initial recognition at amortized cost using the effective interest method. The effective interest method is a method of calculating the amortized cost of a financial asset or financial liability and of allocating interest income or expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts/payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial instrument, or (when appropriate) a shorter period, to the net carrying amount on initial recognition. Financial liabilities Financial liabilities are classified as measured at amortized cost or FVTPL. A financial liability is classified as at FVTPL if it is classified as held-for-trading, it is a derivative or it is designated as such on initial recognition. Financial liabilities at FVTPL are measured at fair value and net gains and losses, including any interest expense, are recognized in profit or loss. Other financial liabilities are subsequently measured at amortized cost using the effective interest method. Gains and losses are recognized in net earnings when the liabilities are derecognized as well as through the amortization process. Borrowing liabilities are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least 12 months after the statement of financial position date. Derivative instruments Derivative instruments, including embedded derivatives, are measured at fair value on initial recognition and at each subsequent reporting period. Any gains or losses arising from changes in fair value on derivatives are recorded in profit or loss. Fair values The fair value of quoted investments is determined by reference to market prices at the close of business on the statement of financial position date. Where there is no active market, fair value is determined using valuation techniques. These include using recent arm’s length market transactions; reference to the current market value of another instrument which is substantially the same; discounted cash flow analysis; and, pricing models. Financial instruments that are measured at fair value subsequent to initial recognition are grouped into a hierarchy based on the degree to which the fair value is observable as follows: Level 1 fair value measurements are quoted prices (unadjusted) in active markets for identical assets or liabilities; Level 2 fair value measurements are those derived from inputs other than quoted prices included within Level 1 that are observable for the asset or liability either directly (i.e. as prices) or indirectly (i.e. derived from prices); and Level 3 fair value measurements are those derived from valuation techniques that include inputs for the asset or liability that are not based on observable market data (unobservable inputs). Impairment of financial assets A loss allowance for expected credit losses is recognized in net income (loss) for financial assets measured at amortized cost. At each balance sheet date, on a forward-looking basis, the Company assesses the expected credit losses associated with its financial assets carried at amortized cost and FVOCI. The impairment methodology applied depends on whether there has been a significant increase in credit risk. The impairment model does not apply to investments in equity instruments. The expected credit losses are required to be measured through a loss allowance at an amount equal to the 12-month expected credit losses (expected credit losses that result from those default events on the financial instrument that are possible within 12 months after the reporting date) or full lifetime expected credit losses (expected credit losses that result from all possible default events over the life of the financial instrument). A loss allowance for full lifetime expected credit losses is required for a financial instrument if the credit risk of that financial instrument has increased significantly since initial recognition. Derecognition of financial assets and liabilities A financial asset is derecognized when either the rights to receive cash flows from the asset have expired or the Company has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material delay to a third party. If neither the rights to receive cash flows from the asset have expired nor the Company has transferred its rights to receive cash flows from the asset, the Company will assess whether it has relinquished control of the asset or not. If the Company does not control the asset then derecognition is appropriate. A financial liability is derecognized when the associated obligation is discharged or canceled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognized in net earnings. Modification of contractual cash flows A substantial modification of the terms of a financial liability is accounted for as an extinguishment of the existing financial liability and the recognition of a new financial liability. The terms are substantially different if the net present value of the cash flows discounted using the original effective interest rate under the new terms is at least 10% different from the discounted present value of the remaining cash flows of the original financial liability. When the contractual cash flows of a financial liability are renegotiated or otherwise modified and the renegotiation or modification does not result in the extinguishment of the financial liability, the Company recalculates the gross carrying amount of the financial liability and recognizes a modification gain or loss in net income or loss. The gross carrying amount of the financial liability is calculated as the present value of the modified contractual cash flows that are discounted at the financial asset or financial liability’s original effective interest rate. (b) Inventory Material extracted from our mines is classified as either ore or waste. Ore represents material that, at the time of extraction, is expected to be processed into a saleable form and sold at a profit. Raw materials are comprised of both ore in stockpiles and ore on leach pads as processing is required to extract benefit from the ore. Ore is accumulated in stockpiles that are subsequently processed into gold and silver in a saleable form. The recovery of gold from certain oxide ores is achieved through the heap leaching process. Work-in-process represents gold and silver in the processing circuit that has not completed the production process, and is not yet in a saleable form. Finished goods inventory represents gold and silver in saleable form. Mine operating supplies represent commodity consumables and other raw materials used in the production process, as well as spare parts and other maintenance supplies that are not classified as capital items. Inventories are valued at the lower of cost and net realizable value ("NRV"). Cost is determined on a weighted average basis and includes all costs incurred, based on a normal production capacity, in bringing each product to its present location and condition. Cost of inventories comprises direct labour, materials and contractor expenses, including non-capitalized stripping costs; depreciation on property, plant and equipment including capitalized stripping costs; and an allocation of general and administrative costs. As ore is removed for processing, costs are removed based on the average cost per ounce in the stockpile. Provisions to reduce inventory to NRV are recorded to reflect changes in economic factors that impact inventory value and to reflect present intentions for the use of slow moving and obsolete supplies inventory. NRV is determined with reference to relevant market prices less applicable variable selling expenses. Provisions recorded also reflect an estimate of the remaining costs of completion to bring the inventory into its saleable form. Provisions are also recorded to reduce mine operating supplies to NRV, which is generally calculated by reference to its salvage or scrap value, when it is determined that the supplies are obsolete. Provisions are reversed to reflect subsequent recoveries in NRV where the inventory is still on hand. (c) Property, plant and equipment General Property, plant and equipment are recorded at cost less accumulated depreciation, depletion and impairment charges. Major overhaul expenditures and the cost of replacement of a component of plant and mobile equipment are capitalized and depreciated over the average expected life between major overhauls. All other replacement spares and other costs relating to maintenance of mobile equipment are charged to the cost of production. Directly attributable costs incurred for major capital projects and site preparation are capitalized until the asset is in a location and condition necessary for operation as intended by management. These costs include dismantling and site restoration costs to the extent these are recognized as a provision. Management annually reviews the estimated useful lives, residual values and depreciation methods of the Company’s property, plant and equipment and also when events or changes in circumstances indicate that such a review should be made. Changes to estimated useful lives, residual values or depreciation methods resulting from such review are accounted for prospectively. An item of property, plant and equipment is de-recognized upon disposal or when no further future economic benefits are expected from its use or disposal. Any gain or loss arising on de-recognition of the asset (calculated as the difference between any proceeds received and the carrying amount of the asset) is included in the statements of income or loss and comprehensive income or loss in the period the asset is de-recognized. Exploration, evaluation and pre-development expenditures The exploration, evaluation and pre-development expenditure policy is to charge exploration and evaluation expenditures within an area of interest as expense until management concludes that the technical feasibility and commercial viability of extracting a mineral resource are demonstrable and that future economic benefits are probable. In making this determination, the extent of exploration, as well as the degree of confidence in the mineral resource is considered. Once a project has been established as commercially viable and technically feasible and has been subject to an impairment analysis, further expenditures are capitalized and classified as development properties. Exploration, evaluation and pre-development expenditures consist of: – gathering exploration data through topographical and geotechnical studies; – exploratory drilling, trenching and sampling; – determining the volume and grade of the resource; – test work on geology, metallurgy, mining, geotechnical and environmental; and – conducting engineering, marketing and financial studies. Exploration and evaluation assets acquired are initially recognized at fair value as exploration rights within tangible assets. Development properties (underground and open pit) A property, either open pit or underground, is classified as a development property when a mine plan has been prepared and technical feasibility has been established, a permit has been obtained and a decision is made to commercially develop the property and mineralization is classified as proven and probable. Development expenditure is accumulated separately for each area of interest for which economically recoverable mineral reserves have been identified. All expenditures incurred prior to the commencement of commercial production from each development property are capitalized. Commercial production is the point at which a mine is capable of operating in the manner intended by the Company's management. In addition, capitalized costs are assessed for impairment when there is an indicator of impairment. Proceeds received from selling output produced before the asset is ready for its intended use are recognized in profit or loss. The related cost of producing the output is measured using the guidance in IAS 2, ‘Inventories’, and it is recognized as an expense in profit or loss when sold. Development properties are not amortized until they are reclassified as mine property assets following the achievement of commercial levels of production. Mine properties After a mine property has been brought into commercial production, costs of any additional mining, in-pit drilling and related work on that property are expensed as incurred. Mine development costs incurred to expand operating capacity, develop new ore bodies or develop mine areas in advance of current production, including the stripping of waste material, are deferred and then amortized on a unit-of- production basis. Deferred stripping costs Stripping costs incurred in the production phase of a mining operation are accounted for as variable production costs and are included in the costs of inventory produced. Stripping activity that improves access to ore in a future period is accounted for as an addition to or enhancement of an existing asset. The Company recognizes stripping activity assets when it is probable that the future economic benefit associated with the stripping activity will flow to the Company; the component of the ore body for which access has been improved can be identified; and the costs relating to the stripping activity associated with that component can be measured reliably. Stripping activity assets are amortized on a unit of production basis in subsequent periods over the proven and probable reserves to which they relate. Depreciation and depletion The carrying amounts of mine properties, plant and equipment are depreciated or depleted to their estimated residual value over the estimated economic life of the specific assets to which they relate, using the depreciation methods or depletion rates as indicated below. Estimates of residual values or useful lives and depreciation methods are reassessed annually and any change in estimate is taken into account in the determination of the remaining depreciation or depletion rate. Depreciation or depletion commences on the date the asset is available for its use as intended by management. Depreciation or depletion is computed using the following rates: Item Methods Rates Mine properties Units of production Estimated proven and probable mineral reserves Equipment, leasehold improvements Straight line Lesser of lease term and estimated useful life Buildings Straight line 20 years Furniture, office equipment and software Straight line 2 – 5 years Plant and equipment Straight line, units of production 4 – 10 years, estimated proven and probable mineral reserves Mining equipment Straight line 1 – 10 years based on life of mine Deferred stripping costs Units of production Estimated proven and probable mineral reserves accessible due to stripping activity (d) Provisions Provisions are recognized when the Company or its subsidiaries have a present obligation (legal or constructive) as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. The amount recognized as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period. If the effect of the time value of money is material, provisions are determined by discounting the expected future cash flows at a pretax rate that reflects current market assessments of the time value of money and, where appropriate, the risks specific to the liability. Where discounting is used, the increase in the provision due to the passage of time is recognized as a finance cost. Contingent liabilities are not recognized in the financial statements, if not estimatable and probable, and are disclosed in notes to the financial information unless their occurrence is remote. Contingent assets are not recognized in the financial statements, but are disclosed in the notes if their recovery is deemed probable. Environmental rehabilitation Provisions for environmental rehabilitation are made in respect of the estimated future costs of closure and restoration and for environmental rehabilitation costs (which include the dismantling and demolition of infrastructure, removal of residual materials and remediation of disturbed areas) in the accounting period when the related environmental disturbance occurs. The provision is discounted using a pretax rate, and the unwinding of the discount is included in finance costs. At the time of establishing the provision, a corresponding asset is capitalized and is depreciated over future production from the mining property to which it relates. The provision is reviewed each reporting period for changes in cost estimates, discount rates and operating lives. Changes to estimated future costs are recognized in the statement of financial position by adjusting the rehabilitation asset and liability. If, for mature mines, the revised mine assets net of rehabilitation provisions exceeds the carrying value, that portion of the increase is charged directly to expenses. For closed sites, changes to estimated costs are recognized immediately in profit and loss. (e) Leases At inception of a contract, the Company assesses whether a contract is, or contains, a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. To assess whether a contract conveys the right to control the use of an identified asset, the Company assesses whether the: – contract involves the use of an identified asset: – this may be specified explicitly or implicitly, – should be physically distinct or represent substantially all of the capacity of a physically distinct asset, and – if the supplier has a substantive substitution right, then the asset is not identified. – Company has the right to obtain substantially all of the economic benefits from use of the asset throughout the period of use, and – Company has the right to direct the use of the asset. The Company has this right when it has the decision-making rights that are most relevant to changing how and for what purpose the asset is used. In rare cases where the decision about how and for what purpose the asset is used is predetermined, the Company has the right to direct the use of the asset if either the: – Company has the right to operate the asset, or – Company designed the asset in a way that predetermines how and for what purpose it will be used. At inception or on reassessment of a contract that contains a lease component, the Company allocates the consideration in the contract to each lease component on the basis of their relative stand-alone prices. However, for the leases of land and buildings in which it is a lessee, the Company has elected not to separate non-lease components and account for the lease and non-lease components as a single lease component. The Company recognizes a right-of-use asset and a lease liability at the lease commencement date. The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred and an estimate of costs to dismantle and remove the underlying asset or to restore the underlying asset or the site on which it is located, less any lease incentives received. The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the earlier of the end of the useful life of the right-of-use asset or the end of the lease term. The estimated useful lives of right-of-use assets are determined on the same basis as those of property and equipment. In addition, the right-of-use asset will be periodically reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease liability when applicable. The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company's incremental borrowing rate. Generally, the Company uses its incremental borrowing rate as the discount rate. Lease payments included in the measurement of the lease liability comprise the following: – fixed payments, including in-substance fixed payments, – variable lease payments that depend on an index or a rate, initially measured using the index or rate as at the commencement date, – amounts expected to be payable under a residual value guarantee, and – the exercise price under a purchase option that the Company is reasonably certain to exercise, lease payments in an optional renewal period if the Company is reasonably certain to exercise an extension option, and penalties for early termination of a lease unless the Company is reasonably certain not to terminate early. The lease liability is measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Company's estimate of the amount expected to be payable under a residual value guarantee, or if the Company changes its assessment of whether it will exercise a purchase, extension or termination option. When the lease liability is remeasured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. The Company presents right-of-use assets that do not meet the definition of investment property in “Property, plant and equipment" and lease liabilities in “Other liabilities". The Company has elected not to recognize right-of-use assets and lease liabilities for short-term leases of items that have a lease term of 12 months or less and leases of low-value assets including non-specialized IT equipment. The Company recognizes the lease payments associated with these leases as an expense on a straight-line basis over the lease term. (f) Share capital and warrants Share capital represents the fair value of consideration received. Equity instruments are contracts that give a residual interest in the net assets of the Company. Financial instruments issued by the Company are classified as equity only to the extent that they do not meet the definition of a financial liability or financial asset. Incremental costs directly attributable to the issue of new shares or options are also shown in equity as a deduction. The Company periodically issues units to investors consisting of common shares and warrants in non-brokered private placements or as additional consideration in a brokered financing or purchase transaction. Each whole warrant issued entitles the holder to acquire a common share of the Company, at a fixed Canadian dollar price over a specified term. These warrants are not transferable from the original investor to a new investor and are considered derivatives because their exercise price is in CAD whereas the Company’s functional currency is in USD. Accordingly, the Company recognizes the warrants as a liability at fair value with changes in fair value recognized in profit or loss. When investor or other warrants are exercised, the liability is revalued prior to de-recognition with the change in fair value recognized in profit or loss, proceeds received are added

List of notes

List of notes	12 Months Ended
	Dec. 31, 2023
Notes and other explanatory information [abstract]
AREAS OF SIGNIFICANT JUDGEMENT AND ESTIMATION UNCERTAINTY	4. AREAS OF SIGNIFICANT JUDGEMENT AND ESTIMATION UNCERTAINTY The preparation of these Consolidated Financial Statements in accordance with IFRS Accounting Standards requires management to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities, disclosure of commitments and contingent liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. The determination of estimates requires the exercise of judgement based on various assumptions and other factors such as historical experience, current and expected economic conditions. Actual results could differ from these estimates. The significant judgments and estimates used in the preparation of these Consolidated Financial Statements that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities and earnings within the next financial year include: Acquisitions Determination of whether a group of assets acquired and liabilities assumed constitute the acquisition of a business or an 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. With regard to the acquisition of Paycore, management followed the guidance within IFRS 3 and determined that the transaction should be accounted for as an asset acquisition. In such cases, the acquirer identifies and recognizes the individual identifiable assets acquired and liabilities assumed. The cost of the group is allocated to the individual identifiable assets and liabilities on the basis of their relative fair values at the date of purchase. Such a transaction or event will not give rise to recording goodwill. The Paycore transaction was recorded based on the total consideration paid for the assets. Total consideration paid in excess of the acquired assets’ fair values was attributable to the acquired mineral interests. Valuation of financial instruments The fair value of financial instruments that are not traded in an active market are determined using valuation techniques. The Company uses its judgment to select a variety of methods and makes significant assumptions that are mainly based on market conditions existing at initial recognition and at the end of each reporting period. Refer to Note 24 (d) for further details on the methods and significant assumptions used. Provisions for environmental rehabilitation Management assesses the provisions for environmental rehabilitation on acquisition, on an annual basis or when new information becomes available. This assessment includes the estimation of the future rehabilitation costs required based on the existing laws and regulations in each jurisdiction the Company operates in, the timing of these expenditures, and the impact of changes in the discount rate. The actual future expenditures may differ from the amount currently provided if the estimates made are significantly different than actual results or if there are significant changes in environmental and / or regulatory requirements in the future. Valuation of Inventories Finished goods, work-in-process, heap leach ore and stockpile ore are valued at the lower of cost and net realizable value ("NRV"). The assumptions used in the valuation of work-in-process inventories include estimates of gold contained in the ore stacked on leach pads, assumptions of the amount of gold stacked that is expected to be recovered from the leach pads, and the amount of gold in the mill circuits. The determination of NRV involves the use of estimates. The NRV of inventories is calculated as the estimated price at the time of eventual sale based on prevailing and forecast metals prices less estimated future costs to convert the inventories into saleable form and associated selling costs. The NRV of inventories is assessed at the end of each reporting period. Changes in estimates of NRV may result in a write-down of inventories or the reversal of a previous write-down. Recoverable ounces The carrying amounts of the Company's mining property is depleted based on recoverable ounces contained in proven and probable mineral reserves. Changes to estimates of recoverable ounces and depletable costs including changes resulting from revisions to mine plans and changes in metal price forecasts can result in a change in future depletion rates. The figures for mineral reserves and mineral resources are determined in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, issued by the Canadian Securities Administrators. This National Instrument lays out the standards of disclosure for mineral projects including rules relating to the determination of mineral reserves and mineral resources. There are numerous uncertainties inherent in estimating mineral reserves and mineral resources, including many factors beyond the Company's control. Such estimation is a subjective process, and the accuracy of any mineral reserve or mineral resource estimate is a function of the quantity and quality of available data and of the assumptions made and judgements used in engineering and geological interpretation. Differences between management's assumptions, and actual events including economic assumptions such as metal prices and market conditions, could have a material effect in the future on the Company's financial position and results of operation. Impairment and reversal of impairment for non-current assets Non-current assets are tested for impairment at the end of each reporting period if in management's judgement there is an indicator of impairment. If there are indicators, management performs an impairment test on the major assets within this balance. In the case of mineral property assets, recoverability is dependent on a number of factors common to the natural resource sector. These include the extent to which the Company can continue to renew its exploration and future development licenses with local or other authorities, establish economically recoverable reserves on its properties, the availability of the Company to obtain necessary financing to complete the development of such reserves and future profitable production or proceeds from the disposition thereof. The Company will use the evaluation work of professional geologists, geophysicists and engineers for estimates in determining whether to commence or continue mining and processing. These estimates generally rely on scientific and economic assumptions, which in some instances may not be correct, and could result in the expenditure of substantial amounts of money on a deposit before it can be determined whether or not the deposit contains economically recoverable mineralization. Achievement of operating levels intended by management Until a mineral property, plant or equipment is capable of operating at levels intended by management, costs incurred, other than costs associated with the sale of gold bullion produced, and including borrowing costs incurred on qualifying assets, are capitalized as part of the cost of the asset. Depletion of capitalized development and construction costs for a mineral property and related property and equipment begins when the mine is capable of operating at levels intended by management. Management considers several factors in determining when a mineral property, plant or equipment is capable of operating at levels intended by management. Amongst other quantitative and qualitative factors, throughput, mill grades, recoveries, and for a heap leach operation, stacking rates and irrigation rates, are assessed over a reasonable period to make this determination. Deferred taxes The provision for income taxes which is included in the consolidated statements of income (loss) and comprehensive income (loss) and composition of deferred income tax liabilities included in the consolidated statements of financial position is based on factors such as tax rates in the different jurisdictions, changes in tax law and management’s assessment of future results and have not yet been confirmed by the taxation authorities. The Company does not recognize deferred tax assets where management does not expect such assets to be realized based on current forecasts. In the event that actual results differ from these estimates, adjustments are made in future periods and changes in the amount of amount of deferred tax assets recognized may be required. These adjustments could materially impact the financial position and income (loss) for the period.

RECENT EVENTS

RECENT EVENTS	12 Months Ended
	Dec. 31, 2023
Recent Events [Abstract]
RECENT EVENTS	RECENT EVENTS Amended and Restated Gold Prepay Agreement On September 20, 2023, the Company entered into an A&R Gold Prepay Agreement with Orion, pursuant to which the Company received aggregate gross proceeds of $20 million (the "2023 Gold Prepay Accordion") structured as an additional accordion under the existing Gold Prepay Agreement. The 2023 Gold Prepay Accordion will be repaid through the delivery by the Company to Orion of 13,333 troy ounces of gold over a period of 12 quarters, being 1,110 troy ounces of gold per quarter over the delivery period with the first delivery being 1,123 troy ounces of gold. The first delivery will occur on March 31, 2024, and the last delivery will occur on December 31, 2026. Obligations under the A&R Gold Prepay Agreement, including the 2023 Gold Prepay Accordion, will continue to be senior secured obligations of the Company and its wholly-owned subsidiaries Ruby Hill Mining Company, LLC and Osgood Mining Company, LLC and secured against the Ruby Hill project in Eureka County, Nevada and the Granite Creek project in Humboldt County, Nevada. The remaining terms of the A&R Gold Prepay Agreement remain substantially the same as the existing Gold Prepay Agreement. The Company may request an increase in the prepayment by an additional amount not exceeding $50 million in aggregate in accordance with the terms of the A&R Gold Prepay Agreement. In connection with the 2023 Gold Prepay Accordion, the Company issued to Orion warrants to purchase up to 3.8 million common shares of the Company at an exercise price of C$3.17 per common share until September 20, 2026, and extended the expiry date of 5.5 million existing warrants by an additional 12 months to December 13, 2025, as further described in Note 12 (i) of these Financial Statements. Private Placement of Common Shares On August 1, 2023, the Company completed a private placement of common shares led by CIBC Capital Markets on behalf of a syndicate of underwriters. An aggregate of 13,629,800 shares were issued by the Company at a price of C$2.70 per common share for aggregate gross proceeds of C$36.8 million ($27.7 million). Certain directors and/or officers of the Company subscribed for C$0.5 million in common shares and a related party subscribed for C$2.7 million in common shares under the private placement, both of which are related party transactions. Acquisition of Paycore On May 5, 2023, the Company completed the acquisition of Paycore Minerals Inc. ("Paycore"). Paycore’s principal asset is the FAD property that is host to the FAD deposit located immediately south of, and adjoining, the Company’s Ruby Hill Property located in Eureka County, Nevada. The acquisition consolidates the northern portion of the Eureka District, increasing the Company’s land package at Ruby Hill. The Company acquired 100% of the issued and outstanding shares of Paycore at an exchange ratio of 0.68 i-80 Gold common share for each Paycore common share held (the “Exchange Ratio”). All outstanding options and warrants of Paycore that were not exercised prior to the acquisition date were replaced with i-80 Gold options and warrants, as adjusted in accordance with the Exchange Ratio. The Paycore acquisition was accounted for as an asset acquisition as management determined that substantially all the fair value of the gross assets acquired were concentrated on the FAD mineral property. The components of consideration that were paid is detailed in the table below: Components of consideration paid: Share consideration (i) $ 66,037 Common shares issued in relation to contingent value rights (ii) 12,750 Replacement warrants (iii) 2,675 Replacement options (iii) 2,515 Previously held interest (iv) 4,116 Transaction costs 323 $ 88,416 (i) The fair value of 25,488,584 common shares issued to Paycore shareholders was determined using the Company's share price of C$3.46 per share on the acquisition date. (ii) Following completion of the arrangement and in accordance with the Amendment to the Contingent Value Rights Agreement dated February 26, 2023 among the Company, Paycore, Golden Hill Mining LLC, and Waterton Nevada Splitter, LLC and Waterton Nevada Splitter II, LLC (collectively, "Waterton"), all of the obligations outstanding under the outstanding contingent value rights agreement between Paycore, Golden Hill Mining LLC and Waterton dated April 20, 2022, with an aggregate value of $12.75 million were satisfied through the issuance of 5,016,991 i-80 Gold common shares to Waterton on May 9, 2023. The fair value of 5,016,991 common shares issued to Waterton was determined using the Company's share price of C$3.46 per share on the acquisition date. (iii) The fair value of 1,727,200 replacement options and 3,755,257 replacement warrants was determined using the Black-Scholes pricing model with the following assumptions: Stock Options Warrants Risk free rate 3.55% to 3.91% 3.66% to 4.52% Expected life 18 to 29 months 12 to 24 months Expected volatility 52% to 56% 52% to 58% Share price C$3.46 C$3.46 (iv) On May 5, 2023 and immediately prior to the Paycore acquisition the Company owned 2,336,200 Paycore common shares. The Company's investment in Paycore was remeasured at fair value on the acquisition date using the Exchange Ratio and the Company's share price of C$3.46 per share on the acquisition date with the change in fair value recognized t hrough the statement of loss as further described in Note 18 of these Financial Statements. The table below presents the fair values of the assets acquired and liabilities assumed at the date of acquisition: Net assets (liabilities) acquired: Cash $ 10,027 Other assets 206 Mineral properties 78,218 Accounts payable (35) Fair value of net assets acquired $ 88,416 Private Placement of Convertible Debentures On February 22, 2023, the Company closed a private placement offering of $65 million principal amount of secured convertible debentures (the “Convertible Debentures”) of the Company. The Convertible Debentures bear interest at a fixed rate of 8.00% per annum and mature on February 22, 2027, being the date that is four years from the offering closing date. Outstanding amounts under the Convertible Debentures are convertible into common shares of the Company at any time prior to maturity at the option of the applicable respective lender (a) in the case of the outstanding principal, $3.38 per common share, and (b) in the case of accrued and unpaid interest, subject to TSX approval, at the market price of the common shares at time of the conversion of such interest. The Convertible Debentures are a senior unsecured obligation of the Company and secured on a limited recourse basis by Premier Gold Mines USA Inc. ("Premier USA"), the Company’s wholly-owned subsidiary, with recourse limited to a pledge of all present and future limited liability company units issued by its wholly-owned subsidiary, Au-Reka Gold LLC ("Au-Reka"). The Convertible Debentures are guaranteed on a full recourse basis by Au-Reka which is secured by a first ranking security over all of Au‑Reka’s present and future real and personal property (including the McCoy-Cove project). The Convertible Debentures are not redeemable prior to the maturity date. Certain directors and/or officers of the Company subscribed for $0.23 million in principal amount of Convertible Debentures under the offering.

INVENTORY

INVENTORY	12 Months Ended
	Dec. 31, 2023
Inventory [Abstract]
INVENTORY	INVENTORY December 31, 2023 December 31, 2022 Ore in stockpiles and on leach pads $ 7,614 $ 12,492 Work-in-process 778 3,059 Finished goods 896 984 Materials and supplies 2,099 — Total inventory $ 11,387 $ 16,535 The amount of inventory recognized as an expense in cost of sales for the year ended December 31, 2023 was $52.9 million ($28.9 million for 2022). During the year ended December 31, 2023, the Company recognized, within cost of sales, inventory write-downs $9.9 million ($6.4 million for the year ended December 31, 2022) relating to heap leach ore at Ruby Hill, Lone Tree and Granite Creek.

OTHER ASSETS

OTHER ASSETS	12 Months Ended
	Dec. 31, 2023
Other Assets 1 [Abstract]
OTHER ASSETS	OTHER ASSETS December 31, 2023 December 31, 2022 Investment in Paycore (i) $ — $ 2,185 Gold Prepay Agreement embedded derivative (ii) — 2,916 Silver Purchase Agreement embedded derivative (iii) 1,898 1,898 Forced conversion option (iv) 366 — Other assets (v) 1,703 1,768 Total other assets 3,967 8,767 Less current portion 3,202 6,280 Long-term portion $ 765 $ 2,487 (i) The asset balance in the comparative period represents the Company's investment in Paycore, as further described in Note 5 of these Financial Statements. The Company recorded its investment in Paycore at fair value. For the year ended December 31, 2023, the Company recorded a fair value gain related to the revaluation of the investment of $1.0 million ($0.3 million loss for the year ended December 31, 2022) t hrough the statement of loss as further described in Note 18 of these Financial Statements. (ii) The asset balance in the comparative period represents the embedded derivative in relation to the fixed gold price included in the Gold Prepay Agreement as further described in Note 10 (iv) and Note 24 (d) of these Financial Statements. The Company recognizes the embedded derivative at fair value with changes in fair value recognized in profit or loss. For the year ended December 31, 2023, the Company recorded a fair value loss of $ 4.6 million ($2.9 million gain for the year ended December 31, 2022) related to the valuation of the embedded derivative through the statement of loss as further described in Note 18 of these Financial Statements. (iii) The asset balance represents the embedded derivative in relation to the silver price included in the Silver Purchase Agreement as further described in Note 10 (v) and Note 24 (d) of these Financial Statements. The Company recognizes the embedded derivative at fair value with changes in fair value recognized in profit or loss. For the year ended December 31, 2023, the Company recorded a fair value gain (loss) of nil ( $1.9 million gain for the year ended December 31, 2022) related to the valuation of the embedded derivative through the statement of loss as further described in Note 18 of these Financial Statements. As of December 31, 2023, the current portion of the Silver Purchase Agreement embedded derivative was $1.5 million. (iv) The asset balance represents the forced conversion option included in the Convertible Debentures as further described in Note 10 (iii) and Note 24 (d) of these Financial Statements.

RESTRICTED CASH AND CASH EQUIVA

RESTRICTED CASH AND CASH EQUIVALENTS	12 Months Ended
	Dec. 31, 2023
Restricted Cash And Cash Equivalents1 [Abstract]
RESTRICTED CASH AND CASH EQUIVALENTS	RESTRICTED CASH AND CASH EQUIVALENTS Property December 31, 2023 December 31, 2022 McCoy-Cove, Nevada (i) $ — $ 1,955 Lone Tree, Nevada (ii) 40,243 25,877 Ruby Hill, Nevada (iii) 4,245 4,604 Granite Creek, Nevada (iv) — 466 Total restricted cash and cash equivalents $ 44,488 $ 32,902 (i) The balance in the comparative period represents restricted cash relating to the reclamation of the Company's McCoy-Cove property. The surety bonding company was changed during the year ended December 31, 2023, and as a result no cash collateral was required under the bond. (ii) The Company has $40.2 million in restricted cash relating to the reclamation of the Company's Lone Tree property. (iii) The Company has $4.2 million in restricted cash relating to the reclamation of the Company's Ruby Hill property. (iv) The balance in the comparative period represents restricted cash relating to the reclamation of the Company's Granite Creek property. The surety bonding company was changed during the year ended December 31, 2023, and as a result no cash collateral was required under the bond.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about property, plant and equipment [abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT Cost Mine properties (i) Development properties (ii) Exploration, evaluation and pre-development properties (iii) Buildings, plant and equipment Total Balance as at January 1, 2022 $ 2,160 $ 76,385 $ 223,220 $ 206,241 $ 508,006 Additions — 32,422 241 23,450 56,113 Disposals — — — (24) (24) IFRS 16 Right of Use assets — — — 280 280 Change in estimate of provision for environmental rehabilitation — (994) (22,608) — (23,602) Transfers — 899 7,182 (8,081) — Balance as at December 31, 2022 2,160 108,712 208,035 221,866 540,773 Additions — 15,366 83,707 18,778 117,851 Disposals — — — (1,749) (1,749) IFRS 16 Right of Use assets — — — 252 252 Transfers — (4,663) — 4,663 — Change in estimate of provision for environmental rehabilitation — 121 (2,508) — (2,387) Adjustments — — — (134) (134) Balance as at December 31, 2023 $ 2,160 $ 119,536 $ 289,234 $ 243,676 $ 654,606 Accumulated depreciation and impairment Balance as at January 1, 2022 $ 2,160 $ — $ — $ 3,197 $ 5,357 Depletion, depreciation and amortization — — — 6,177 6,177 Disposals — — — (22) (22) Balance as at December 31, 2022 2,160 — — 9,352 11,512 Depletion, depreciation and amortization — — — 5,023 5,023 Disposals — — — (450) (450) Adjustments — — — (106) (106) Balance as at December 31, 2023 $ 2,160 $ — $ — $ 13,819 $ 15,979 Carrying amounts Balance, December 31, 2022 $ — $ 108,712 $ 208,035 $ 212,514 $ 529,261 Balance as at December 31, 2023 $ — $ 119,536 $ 289,234 $ 229,857 $ 638,627 (i) Mine properties include the Ruby Hill Archimedes open pit, fully depleted in 2021. (ii) Development properties include Granite Creek. Exploration, evaluation and pre-development properties: Property January 1, 2023 Additions Change in estimate of environmental provision Transfers December 31, 2023 McCoy-Cove, Nevada $ 61,203 $ 5,489 $ (535) $ — $ 66,157 Ruby Hill, Nevada 92,889 — (813) — 92,076 Lone Tree, Nevada 52,533 — (1,123) — 51,410 Argenta, Nevada 1,410 — (37) — 1,373 FAD, Nevada — 78,218 — — 78,218 Total $ 208,035 $ 83,707 $ (2,508) $ — $ 289,234 Property January 1, 2022 Additions Change in estimate of environmental provision Transfers December 31, 2022 McCoy-Cove, Nevada $ 54,105 $ — $ (84) $ 7,182 $ 61,203 Ruby Hill, Nevada 103,594 — (10,705) — 92,889 Lone Tree, Nevada 65,521 — (12,988) — 52,533 Argenta, Nevada — 241 1,169 — 1,410 Total $ 223,220 $ 241 $ (22,608) $ 7,182 $ 208,035 Depreciation, depletion and amortization on property, plant and equipment during the year ended December 31, 2023 and 2022 include amounts allocated to: Year ended 2023 2022 Depreciation, depletion and amortization $ 7,202 $ 4,528 Recorded in exploration, evaluation and pre-development 112 484 Recorded in general and administrative 444 346 Recorded in property maintenance 1,088 816 Depreciation, depletion and amortization capitalized into properties 102 215 8,948 6,389 Inventory movement (3,925) (212) Total depletion, depreciation and amortization $ 5,023 $ 6,177 The Company’s leased assets include buildings and vehicles. Right-of-use assets include: Buildings Equipment Total As at December 31, 2021 $ 582 $ — $ 582 Additions — 280 280 Depreciation (212) (128) (340) As at December 31, 2022 370 152 522 Additions 143 100 243 Termination — (90) (90) Depreciation (238) (108) (346) As at December 31, 2023 $ 275 $ 54 $ 329 Impairment The Company regularly reviews the carrying amount of its non-financial assets to determine whether there is any indication that those assets have suffered an impairment loss. Mineral property interests are tested for impairment when events or changes in circumstances indicate that their carrying amount may not be recoverable. In the absence of other factors, a mineral property that has not been actively explored within the past three years and for which no future exploration plans exist will be considered to be impaired. There were no impairments recorded for the year ended December 31, 2023, and 2022. Acquisitions and option agreements Argenta Property Acquisition On November 10, 2022, the Company through its wholly owned subsidiary Argenta LLC ("Argenta") acquired a strategic property package located in Lander Country, Nevada (the “Argenta Property”), that includes water rights, a rail heading, barite deposits, and barite processing infrastructure from Baker Hughes Oilfield Operations LLC for consideration of $3.7 million. The strategic acquisition provides the Company with water rights for development and operation of the McCoy-Cove Project. The Company determined that the Argenta Property acquisition represents an asset acquisition. The underlying assets purchased and liabilities assumed were recorded at cost allocated based upon their relative fair values at the date of purchase. The table below presents the values of the assets purchased and liabilities assumed on the date of acquisition: Net assets (liabilities) acquired: Property, plant and equipment $ 3,122 Other assets 1,767 Provision for environmental rehabilitation (1,169) Fair value of net assets acquired $ 3,720 Granite Creek Project On April 15, 2021, the Company completed the acquisition of Osgood Mining Company LLC ("Osgood") from Waterton Global Resource Management, Inc. (“Waterton”). Included in consideration paid to Waterton were contingent value rights including a payment to Waterton in the amount of $5.0 million upon the public announcement of a positive production decision related to the Granite Creek Project (underground or open pit), and an additional $5 million upon production of the first ounce of gold (excluding ordinary testing and bulk sampling programs) following a 60 consecutive day period where gold prices have exceeded $2,000 per ounce. The Osgood acquisition was accounted for as an asset acquisition as management determined that substantially all the fair value of the gross assets acquired were concentrated on the Granite Creek Project mineral property. For contingent consideration and payments related to asset acquisitions, an accounting policy choice exists, and an entity may recognize a liability for the expected variable payments at the time control of the underlying asset is obtained or they may only recognize such a liability as the related activity that gives rise to the variability occurs. For the Osgood acquisition, management did not recognize a liability for contingent payments as the conditions required for these payments had not been met as of the date the assets were acquired. On May 6, 2022, the Company entered into an agreement to acquire strategic land sections adjoining the Company’s Granite Creek Property from Nevada Gold Mines ("NGM"). The total consideration for the purchase of the property sections consists of a cash payment of $4.0 million and the inclusion of the acquired sections into the existing 10% net profits royalty that NGM held on the existing property. Subsequent to the date of the agreement the 10% net profits royalty was transferred to Gold Royalty as disclosed in Note 9 (c) of these Financial Statements. In September 2022, the Company paid to Waterton $5.0 million as part of the contingent value rights payment due upon the public announcement of a positive production decision related to the Granite Creek Project. The $5.0 million contingent value rights payment is recorded in property, plant and equipment on the consolidated statements of financial position. Tabor Exploration and Option Agreement On August 24, 2020, the Company through its wholly owned subsidiary Au-Reka entered into an option agreement with Renaissance Exploration, Inc. to acquire a 100% interest in the Tabor Project located in Esmeralda County, Nevada. The option agreement is subject to a firm commitment to spend $0.3 million towards exploration activities by the one-year anniversary date that the Company acquires an exploration permit on the property plus initial earn-in option payments of $5.2 million. Summary of mineral property Net Smelter Return ("NSR") royalties (as at December 31, 2023) Active properties NSR (i) McCoy-Cove, Nevada 1.5% NSR Maverix Metals Inc. 2% NSR Maverix Metals Inc. 2% NSR Chiara Tabor, Nevada 3% NSR Renaissance Granite Creek 1-4% NSR Royal Gold/D.M. Duncan 3-5% NSR Royal Gold 2% NSR Franco-Nevada/S&G Pinson Portions of 7.5% NSR Stoffer/Noceto/Phillips 2% NSR Stoffer/Noceto/Phillips/Murphy/Christison 10% NPI Gold Royalty 2% Franco-Nevada 0.5% NSR Nevada Gold Mines Lone Tree 5% NSR VEK/Andrus 1% NSR Franco-Nevada Mining Corporation, Inc. 4% NSR Bronco Creek, Inc. 5% NSR Marigold Mining Company 5% NSR Richardson 5% NSR BTF Properties 0.5%-1.5% NSR Newmont USA Limited Ruby Hill 2.5% NSR Placer Dome U.S. Inc. 3% Biale Trust 4% NSR Asarco Incorporated 3% RG Royalties Golden Hill 4% NSR Asarco Incorporated 3% NSR RG Royalties 0.5-1.5% NSR Royalty Consolidation Company 3% Biale Trust 4.0% Herrera 2.0% MacKenzie 4.0% Fulton/Wycosky (i) These royalties are tied to specific mining claims and may not apply to the entire property.

LONG-TERM DEBT

LONG-TERM DEBT	12 Months Ended
	Dec. 31, 2023
Borrowings, by type [abstract]
LONG-TERM DEBT	LONG-TERM DEBT Orion Convertible Loan Sprott Convertible Loan Convertible Debentures A&R Gold Prepay Agreement Silver Purchase Agreement Other Total As at January 1, 2022 $ 32,956 $ 7,685 $ — $ — $ — $ 795 $ 41,436 Fair value on inception — — — 41,737 29,889 — 71,626 Additions and adjustments — — — — — 334 334 Amortization of finance costs 308 — — 45 — — 353 Principal repayment — — — (14,498) (134) (348) (14,980) Finance charge 6,477 1,218 — 6,720 2,692 — 17,107 As at December 31, 2022 39,741 8,903 — 34,004 32,447 781 115,876 Fair value on inception — — 42,459 18,108 — — 60,567 Additions and adjustments — 315 — — — 239 554 Amortization of finance costs 438 — 378 72 20 — 908 Principal repayment — (2,038) — (17,043) (6,231) (449) (25,761) Finance charge 7,790 1,291 6,930 8,691 3,427 1 28,130 As at December 31, 2023 $ 47,969 $ 8,471 $ 49,767 $ 43,832 $ 29,663 $ 572 $ 180,274 Less current portion — — — 17,299 14,351 289 31,939 Long-term portion $ 47,969 $ 8,471 $ 49,767 $ 26,533 $ 15,312 $ 283 $ 148,335 Orion Convertible Loan On December 13, 2021, the Company entered into a Convertible Credit Agreement with OMF Fund III (F) Ltd., an affiliate of Orion to borrow $50 million (the "Orion Convertible Loan"). The Orion Convertible Loan bears interest at a rate of 8.0% annually and matures on December 13, 2025. The Orion Convertible Loan contains a change of control feature, a conversion feature, and a forced conversion feature that are considered embedded derivatives by the Company. The change of control feature and conversion feature are classified as derivative financial liabilities, measured at FVTPL, whereas the forced conversion feature is classified as an equity instrument measured at fair value on inception and is not subsequently remeasured. During the period ended December 31, 2023, none of the features were exercised. The derivative financial liability was recorded at $13.6 million at inception and $9.0 million at December 31, 2023 ($27.0 million at December 31, 2022). For the year ended December 31, 2023, the Company recorded a fair value gain of $18.0 million (loss of $8.5 million for the year ended December 31, 2022) related to the valuation of the embedded derivatives through the statement of loss as further described in Note 18 of these Financial Statements. The equity instrument was recorded at $2.0 million at inception and period end. Interest expense is calculated by applying the effective interest rate of 18.90% to the host liability component. Interest expense is included in finance expense. Sprott Convertible Loan On December 10, 2021, the Company entered into a Convertible Credit Agreement with a fund managed by Sprott Asset Management USA, Inc. and a fund managed by CNL Strategic Asset Management, LLC (“Sprott”) to borrow $10 million (the "Sprott Convertible Loan"). The Sprott Convertible Loan bears interest at a rate of 8.0% annually and matures on December 9, 2025. The Sprott Convertible Loan contains a change of control feature, a conversion feature, and a forced conversion feature that are considered embedded derivatives by the Company. The change of control feature and conversion feature are classified as derivative financial liabilities, measured at FVTPL whereas the forced conversion feature is classified as an equity instrument measured at fair value on inception and is not subsequently remeasured. During the period ended December 31, 2023, Sprott converted $1.8 million in principal and $0.2 million in interest into 800,449 common shares of the Company. The derivative financial liability was recorded at $2.7 million at inception and $1.5 million at December 31, 2023 ($5.3 million at December 31, 2022). For the year ended December 31, 2023, the Company recorded a fair value gain of $3.8 million (loss of $1.4 million for the year ended December 31, 2022) related to the valuation of the embedded derivatives through the statement of loss as further described in Note 18 of these Financial Statements . The equity instrument was recorded at $0.4 million at inception and $0.3 million at period end. Interest expense is calculated by applying the effective interest rate of 14.92% to the host liability component. Interest expense is included in finance expense. The initial fair value of the liability portion of the convertible loan was determined using a market interest rate for an equivalent non- convertible loan at the issue date. The liability is subsequently recognized on an amortized cost basis until extinguished on control, conversion or maturity of the loan. The remainder of the proceeds, after removing components classified as liabilities, is allocated to the forced conversion option and recognized in shareholder's equity, net of income tax, and not subsequently remeasured. Under the Sprott Convertible Loan and Orion Convertible Loan (the "Convertible Loans"), if a change of control occurs prior to the maturity date, the Company shall make an offer to prepay the Convertible Loans in cash, in an amount equal to 101% of the then outstanding principal amount. Outstanding amounts under the Convertible Loans are convertible into common shares of the Company at any time prior to maturity at the option of the applicable respective lender (a) in the case of the outstanding principal, C$3.275 per common share, and (b) in the case of accrued and unpaid interest, subject to TSX approval, at the market price of the common shares on the TSX at time of the conversion of such interest. Commencing 120 days following the closing date of the Convertible Loans, on any date when the volume weighted average price equals or exceeds 150% of the conversion price for each of the preceding 20 days, the Company may at its option elect to require the lenders to convert at the conversion price all of the then outstanding principal amount and any accrued and unpaid interest into common shares of the Company. Convertible Debentures On February 22, 2023, the Company closed a private placement offering of $65 million principal amount of secured Convertible Debentures of the Company. The Convertible Debentures bear interest at a fixed rate of 8.00% per annum and will mature on February 22, 2027. Outstanding amounts under the Convertible Debentures are convertible into common shares of the Company at any time prior to maturity at the option of the applicable respective lender (a) in the case of the outstanding principal, $3.38 per common share, and (b) in the case of accrued and unpaid interest, subject to TSX approval, at the market price of the common shares at time of the conversion of such interest. The Convertible Debentures contain a conversion feature, a change of control feature, and a forced conversion feature that are considered embedded derivatives by the Company. The change of control feature is classified as a derivative financial liability and the forced conversion feature is classified as a derivative financial asset, both measured at FVTPL whereas the conversion feature is classified as an equity instrument measured at fair value on inception and is not subsequently remeasured. During the period ended December 31, 2023, none of the features were exercised. The change of control liability was recorded at $1.4 million at inception and nil at December 31, 2023 and the forced conversion asset was recorded at $0.9 million at inception and $0.4 million at December 31, 2023. For the year ended December 31, 2023, the Company recorded a fair value gain of $0.9 million ( nil for the year ended December 31, 2022) related to the valuation of the embedded derivatives through the statement of loss as further described in Note 18 of these Financial Statements. The equity instrument was recorded at $18.9 million at inception and at December 31, 2023 . Interest expense is calculated by applying the effective interest rate of 19% to the host equity component. Interest expense is included in finance expense. Under the Convertible Debentures if a change of control occurs prior to the maturity date, the Company shall make an offer to prepay the Convertible Debentures in cash, in an amount equal to 104% of the then outstanding principal amount, plus accrued and unpaid interest on such Convertible Debentures up to, and including, the change of control purchase date. The holder of the Convertible Debentures shall have the right, at any time, to convert all or any portion of the principal amount of the Convertible Debentures into common shares of the Company at the conversion price of $3.38 per common share. The holder shall also have the option to elect to convert all or any portion of the accrued and unpaid interest into common shares at a price equal to the greater of (i) the conversion price, (ii) the current market price of the common shares on NYSE at the time of the conversion of such amounts owing, or (iii) 5-day VWAP of the common shares on the TSX. If after 120 days after the issue date and prior to the maturity date, the VWAP of the common shares of the Company as measured in U.S. dollars on the NYSE American equals or exceeds 150% of the conversion price for 20 consecutive trading days, the Company shall have right to convert all but not less than all of the principal amount of the Convertible Debentures, and subject to the approval of the TSX or any applicable stock exchange, all accrued and unpaid interest on the Convertible Debentures (however, that such conversion price of the accrued and unpaid interest must not be less than the VWAP of the common shares on the TSX during the five trading days immediately preceding the relevant date), into common shares at the conversion price. Gold Prepay Agreement On December 13, 2021, the Company entered into a gold prepay agreement with Orion (the "Gold Prepay Agreement"). In April 2022, the Gold Prepay Agreement was amended to adjust the quantity of the quarterly deliveries of gold, but not the aggregate amount of gold, to be delivered by the Company to Orion over the term of the Gold Prepay Agreement. Under the terms of the amended Gold Prepay Agreement, in exchange for $41.9 million, the Company is required to deliver to Orion 3,100 troy ounces of gold for the quarter ending June 30, 2022, and thereafter, 2,100 troy ounces of gold per calendar quarter until September 30, 2025, for aggregate deliveries of 30,400 troy ounces of gold. On September 20, 2023, the Company entered into an A&R Gold Prepay Agreement with Orion pursuant to which the Company received aggregate gross proceeds of $20.0 million structured as an additional accordion under the existing Gold Prepay Agreement. On determining that the modification to the Gold Prepay Agreement was non-substantial, management accounted for the modification as an adjustment to the existing liability and used the original effective interest rate of the Gold Prepay Agreement of 24.45% to determine the fair value of the 2023 Gold Prepay Accordion. The 2023 Gold Prepay Accordion liability was recorded at fair value at inception of $18.1 million. The Company recorded a loss of $1.8 million for the year ended December 31, 2023 through the statement of loss as further described in Note 18 of these Financial Statements. The A&R Gold Prepay Agreement is recognized as a financial liability at amortized cost and it contains an embedded derivative in relation to the embedded gold price within the agreement that is measured at FVTPL each reporting period, as further described in Note 7 (ii) , Note 12 (vi) and Note 24 (d) of these Financial Statements. Interest expense is calculated by applying the effective interest rate of 24.48% to the financial liability. Interest expense is included in finance expense. The 2023 Gold Prepay Accordion will be repaid through the delivery by the Company to Orion of 13,333 troy ounces of gold over a period of 12 quarters, being 1,110 troy ounces of gold per quarter over the delivery period with the first delivery being 1,123 troy ounces of gold. The first delivery will occur on March 31, 2024, and the last delivery will occur on December 31, 2026. As of December 31, 2023, the Company had delivered 15,700 troy ounces of gold towards the A&R Gold Prepay Agreement with Orion, leaving 28,033 troy ounces of gold remaining to be delivered under the agreement. Silver Purchase Agreement On December 13, 2021, in exchange for $30.0 million, the Company entered into a silver purchase and sale agreement with Orion (the "Silver Purchase Agreement"). Under the Silver Purchase Agreement, commencing April 30, 2022, the Company will deliver to Orion 100% of the silver production from the Granite Creek and Ruby Hill projects until the delivery of 1.2 million ounces of silver, after which the delivery will be reduced to 50% until the delivery of an aggregate of 2.5 million ounces of silver, after which the delivery will be reduced to 10% of the silver production solely from Ruby Hill Project. Orion will pay the Company an ongoing cash purchase price equal to 20% of the prevailing silver price. Until the delivery of an aggregate of 1.2 million ounces of silver, the Company is required to deliver the following minimum amounts of silver ("the Annual Minimum Delivery Amount") in each calendar year: (i) in 2022, 300,000 ounces, (ii) in 2023, 400,000 ounces, (iii) in 2024, 400,000 ounces, and (iv) in 2025, 100,000 ounces. In the event that in a calendar year the amount of silver delivered under the Silver Purchase Agreement is less than the Annual Minimum Delivery Amount, the Company shall make up such difference (the “Shortfall Amount”) by delivering on or before the fifteenth day of the month immediately following such calendar year (the "Delivery Deadline"). At the Company’s sole option, the obligation to make up the Shortfall Amount to Orion may be satisfied by the delivery of refined gold instead of refined silver, at a ratio of 1/75th ounce of refined gold for each ounce of refined silver. The Silver Purchase Agreement was funded April 2022. On January 13, 2023, the Company delivered 293,509 ounces of silver to Orion in satisfaction of the 2022 Annual Minimum Delivery Amount of 300,000 ounces (6,491 ounces of silver delivered to Orion in 2022). As of December 31, 2023, the Company had delivered 305,395 ounces of silver towards the Silver Purchase Agreement with Orion. The current portion of the liability is $14.4 million at December 31, 2023, which includes 394,605 ounces in relation to the 2023 Annual Minimum Delivery Amount and 400,000 ounces in relation to the 2024 Annual Minimum Delivery Amount. Subsequent to the year ended December 31, 2023, the 2023 Shortfall Amount Delivery Deadline was extended from January 15, 2024 to April 15, 2024, as further described in Note 26 of these Financial Statements. The Silver Purchase Agreement is recognized as a financial liability at amortized cost and it contains two embedded derivatives as further described in Note 7 (iii) and Note 24 (d) of these Financial Statements. Interest expense is calculated by applying the effective interest rate of 12.28% to the financial liability. Interest expense is included in finance expense. The obligations under the A&R Gold Prepay Agreement and Silver Purchase Agreement are senior secured obligations of the Company and its wholly-owned subsidiaries Ruby Hill Mining Company LLC, and Osgood Mining Company LLC, and secured against the Ruby Hill project in Eureka County, Nevada and the Granite Creek project in Humboldt County, Nevada. Lease liability Lease liabilities relate to leases on buildings and mobile mining equipment which have a remaining lease term between one The schedule of undiscounted lease payment obligations is as follows: December 31, 2023 Less than one year $ 378 One to three years 67 More than three years 36 Total undiscounted lease liabilities $ 481

PROVISION FOR ENVIRONMENTAL REH

PROVISION FOR ENVIRONMENTAL REHABILITATION	12 Months Ended
	Dec. 31, 2023
Provision For Environmental Rehabilitation [Abstract]
PROVISION FOR ENVIRONMENTAL REHABILITATION	PROVISION FOR ENVIRONMENTAL REHABILITATION The Company's provision for environmental rehabilitation results from mining activities and previously mined property interests. The provision consists primarily of costs associated with mine reclamation and closure activities. These activities, which tend to be site specific, generally include costs for decommissioning the mill complex and related infrastructure, physical and chemical stability of the tailings area and, post-closure site security and monitoring costs. The Company considers such factors as changes in laws and regulations, and requirements under existing permits in determining the estimated costs. Such analysis is performed on an on-going basis. The Company estimates that the undiscounted un-inflated value of the cash flows required to settle the provision is $66.2 million for the Lone Tree property, $18.4 million for the Ruby Hill property, $8.6 million for the McCoy-Cove property, $2.1 million for the Granite Creek property, and $1.2 million for the Argenta property. In calculating the best estimate of the Company's provision, management used risk-free interest rates ranging from 3.84% to 4.20%. A reconciliation of the discounted provision is provided below: Argenta McCoy-Cove Granite Creek Lone Tree Ruby Hill Total Balance as at January 1, 2023 $ 1,170 $ 6,812 $ 1,473 $ 48,898 $ 13,273 $ 71,626 Change in estimate capitalized (37) (535) 121 (1,123) (813) (2,387) Accretion expense 43 264 67 1,923 526 2,823 Reclamation expenditures — — — (540) — (540) Balance as at December 31, 2023 1,176 6,541 1,661 49,158 12,986 71,522 Less current portion — — — 543 — 543 Long-term portion $ 1,176 $ 6,541 $ 1,661 $ 48,615 $ 12,986 $ 70,979 Argenta McCoy-Cove Granite Creek Lone Tree Ruby Hill Total Balance as at January 1, 2022 $ — $ 6,684 $ 2,394 $ 60,592 $ 23,179 $ 92,849 Acquisitions 1,170 — — 77 — 1,247 Change in estimate capitalized — (84) (995) (13,066) (10,704) (24,849) Accretion expense — 212 74 1,917 798 3,001 Reclamation expenditures — — — (622) — (622) Balance as at December 31, 2022 1,170 6,812 1,473 48,898 13,273 71,626 Less current portion 398 — — 548 — 946 Long-term portion $ 772 $ 6,812 $ 1,473 $ 48,350 $ 13,273 $ 70,680

OTHER LIABILITIES

OTHER LIABILITIES	12 Months Ended
	Dec. 31, 2023
Other Liabilities1 [Abstract]
OTHER LIABILITIES	OTHER LIABILITIES December 31, 2023 December 31, 2022 Warrant liability (i) $ 4,467 $ 15,945 Share-based payment liability (ii) 1,184 983 Orion - Conversion and change of controls rights (iii) 9,028 27,029 Sprott - Conversion and change of controls rights (iii) 1,459 5,299 Deferred consideration (iv) — 45,805 Offtake liability (v) 637 730 Gold Prepay Agreement embedded derivative (vi) 1,676 — Total other liabilities 18,451 95,791 Less current portion 1,186 46,181 Long-term portion $ 17,265 $ 49,610 Warrant liability Waterton warrants In connection with the acquisition of Osgood the Company issued to Waterton 12.1 million common share warrants which are exercisable into one fully paid and non-assessable common share of the Company at an exercise price of C$3.64 per share until April 14, 2024. The warrants included a four month hold period. The initial fair value of the warrants recognized on inception was $6.1 million and at December 31, 2023 $0.1 million ($10.1 million at December 31, 2022). During the first quarter of 2023, Waterton exercised 0.4 million warrants to purchase 0.4 million common shares of the Company. Orion warrants In connection with the Orion financing package the Company completed during the fourth quarter of 2021, the Company issued 5.5 million common share warrants exercisable at C$3.275 per share with an exercise period of 36 months or until December 13, 2024. On September 20, 2023, in connection with the A&R Gold Prepay Agreement the Company extended the expiry date by an additional twelve months to December 13, 2025. The initial fair value of the warrants recognized on inception was $3.5 million and at December 31, 2023 $2.0 million ($5.9 million at December 31, 2022) In connection with the A&R Gold Prepay Agreement entered into during the third quarter of 2023, the Company issued 3.8 million common share warrants exercisable at C$3.17 per share with an exercise period of 36 months or until September 20, 2026. The warrants include a four month hold period. The initial fair value of the warrants recognized on inception was $1.9 million and at December 31, 2023, $1.8 million. Subsequent to the year ended December 31, 2023, the Company issued 0.5 million common share warrants at an exercise price of C$2.72 per common share in connection with the Silver Purchase Agreement amendment as further described in Note 26 of these Financial Statements. Paycore replacement warrants In connection with the Paycore acquisition discussed in Note 5 of these Financial Statements, the Company issued a total of 3.8 million common share warrants for Paycore warrants outstanding on the date of acquisition. The replacement warrants are comprised of 0.2 million common share warrants at an exercise price of C$3.09 per common share until April 20, 2024, 0.3 million common share warrants at an exercise price of C$2.40 per common share until February 9, 2025, and 3.3 million common share warrants at an exercise price of C$4.02 per common share until May 2, 2025. The initial fair value of the warrants recognized on inception was $2.7 million and at December 31, 2023 $0.6 million. The warrants are considered derivatives because their exercise price is in C$ whereas the Company’s functional currency is in USD. Accordingly, the Company recognizes the warrants as liabilities at fair value with changes in fair value recognized in profit or loss. For the year ended December 31, 2023, the Company recognized a gain on the revaluation of the liability of $16.7 million (loss of $1.0 million for the year ended December 31, 2022) through the statement of loss as further described in Note 18 of these Financial Statements. The fair value of the warrants were calculated using the Black-Scholes option pricing model, or a Monte Carlo simulation model, if applicable taking into the account the four months hold restriction, and with the following weighted average assumptions: December 31, 2023 December 31, 2022 Risk free rate 3.45% to 5.08% 3.96% to 4.25% Warrant expected life 3 to 33 months 15 to 24 months Expected volatility 42% to 54% 56% to 60% Expected dividend 0% 0% Share price C$2.33 C$3.78 As of December 31, 2023, there were 24,716,409 warrants outstanding (17,561,152 at December 31, 2022). Share-based payment liability The Company recognized a share-based payment liability of $1.2 million at December 31, 2023 ($1.0 million at December 31, 2022) under the Company's restricted and deferred share unit plans as discussed in Note 13 (e) of these Financial Statements. The current portion of the liability is $0.5 million at December 31, 2023 ($0.4 million at December 31, 2022) representing the cash settlement expected on the next vesting date. Conversion and change of controls right The financial liability represents the conversion and change of control rights included in the Orion and Sprott Convertible Loans as further described in Note 10 (i), Note 10 (ii) and Note 24 (d) of these Financial Statements. Deferred consideration In connection with the acquisition of Ruby Hill the Company recorded a financial liability associated with the milestone payments. The four milestone payments and corresponding early prepayment options are as follows: • $17 million in cash and/or shares of i-80 Gold payable on the earlier of 60 days following the issuance of a press release by the Company regarding the completion of a new or updated Mineral Resource estimate for Ruby Hill or 15 months after closing, based on the market price of i-80 Gold's shares at the time of such payment (the "First Milestone Payment"); • $15 million in cash and/or shares of i-80 payable on the earlier of 60 days following the issuance of a press release by the Company regarding the completion of a Feasibility Study for Ruby Hill or 24 months after closing, based on the market price of i-80 Gold's shares at the time of such payment (the "Second Milestone Payment"). An early prepayment option to reduce the payment by $5 million to $10 million is available if the payment is made less than 15 months after closing and if the payment in shares of the Company does not exceed up to $7.5 million of the total amount, at the Company's discretion. • $15 million in cash and/or shares of i-80 Gold payable on the earlier of 30 months after closing and 90 days following the announcement by the Company of a construction decision related to a deposit on any portion of Ruby Hill that is not currently being mined, based on the market price of i-80 Gold's shares at the time of such payment (the "Third Milestone Payment"); and • $20 million in cash and/or shares of i-80 Gold payable on the earlier of 36 months after closing and 90 days following the announcement by the Company of achieving Commercial Production related to a deposit on any portion of Ruby Hill that is not currently being mined, priced based on the market price of i-80 Gold's shares at the time of such payment (the "Fourth Milestone Payment"). An early prepayment option to reduce the payment for the third and fourth milestone payments to $20 million is available if the payments are done prior to 24 months after closing, if the payment in shares of the Company did not exceed up to $10 million of the total amount, at the Company's discretion, and if shares held by Waterton do not exceed 9.99% of the outstanding shares of the Company. The Company recognized the liability at fair value with changes in fair value recognized in profit or loss. The initial fair value of the liability recognized on inception was $41.9 million and nil at December 31, 2023 ($45.8 million at December 31, 2022). For the year ended December 31, 2023, the Company recognized a loss on the revaluation of the liability of $1.2 million (loss of $3.3 million for the year ended December 31, 2022) t hrough the statement of loss as further described in Note 18 of these Financial Statements. During the first quarter of 2023, the Company exercised the early prepayment option and paid to Waterton total consideration of $27.0 million in satisfaction of the First and Second Milestone Payment. Consideration paid to Waterton consisted of $11.0 million in cash and 5,515,313 common shares of the Company, as further described in Note 13 (b) of these Financial Statements. During the fourth quarter of 2023, the Company exercised the early prepayment option and paid to Waterton total consideration of $20.0 million in satisfaction of the Third and Fourth Milestone Payment. Consideration paid to Waterton consisted of $10.0 million in cash and 6,613,382 common shares of the Company valued at $10.0 million. Offtake liability The financial liability represents the gold look back component of the offtake agreement. The Company originally entered into an offtake agreement with Orion in April 2021 (the “Offtake Agreement”) to sell (i) an aggregate of 29,750 ounces of refined gold for 2021, and (ii) up to an aggregate of 31,500 ounces of refined gold annually (the "Annual Gold Quantity") from the Company's Eligible Projects until March 1, 2027. The Offtake Agreement was amended and restated (the “A&R Offtake Agreement”) in December 2021. The main amendments reflected in the A&R Offtake Agreement include the increase in the term of the agreement to December 31, 2028, the inclusion of the Granite Creek and Ruby Hill projects, and the increase of the annual gold quantity to up to an aggregate of 37,500 ounces in respect of the 2022 and 2023 calendar years and up to an aggregate of 40,000 ounces in any calendar year after 2023. The final purchase price to be paid by Orion will be, at Orion’s option, a market referenced gold price in US dollars per ounce during a defined pricing period before and after the date of each sale. In the event that the Company does not produce the Annual Gold Quantity in any given year, the obligation is limited to those ounces actually produced. During 2022, Orion assigned all of its rights, title and interest under the A&R Offtake Agreement to TRR Offtakes LLC ("Trident"). (vi) Gold Prepay Agreement embedded derivative The liability balance represents the embedded derivative in relation to the fixed gold price included in the Gold Prepay Agreement as further described in Note 7 (ii), Note 10 (iv) and Note 24 (d) of these Financial Statements.

SHARE CAPITAL

SHARE CAPITAL	12 Months Ended
	Dec. 31, 2023
Disclosure of terms and conditions of share-based payment arrangement [abstract]
SHARE CAPITAL	SHARE CAPITAL Authorized share capital At December 31, 2023, the authorized share capital consisted of an unlimited number of common shares without par value. Issued share capital On October 16, 2023, the Company issued 6.6 million common shares to Waterton at a price of C$2.057 for total gross proceeds of C$13.6 million ($10.0) as partial consideration of the Third Milestone Payment and Fourth Milestone Payment related to the Ruby Hill deferred consideration, as further described in Note 12 (iv) of these Financial Statements. On August 1, 2023, the Company completed a private placement of common shares led by CIBC Capital Markets on behalf of a syndicate of underwriters. An aggregate of 13,629,800 shares were issued by the Company at a price of C$2.70 per common share for aggregate gross proceeds of C$36.8 million ($27.7 million). On June 27, 2023, Sprott converted $1.8 million in principal and subject to obtaining approval of the TSX $0.2 million in interest of the Convertible Loans into 800,449 common shares of the Company. On July 7, 2023, upon approval of the TSX the Company issued 800,449 common shares to Sprott. On May 9, 2023, in connection with the Paycore acquisition the Company issued 5,016,991 common shares to Waterton in settlement of the contingent value rights agreement between Paycore and Waterton, as further described in Note 5 of these Financial Statements. On May 5, 2023, the Company acquired 100% of the issued and outstanding shares of Paycore at the Exchange Ratio issuing 25,488,584 common shares to Paycore shareholders, as further described in Note 5 of these Financial Statements. On January 16, 2023, the Company issued 5.5 million common shares to Waterton at a price of C$3.8945 for total gross proceeds of C$21.5 million ($16.0 million) as partial consideration of the First Milestone Payment and Second Milestone Payment related to the Ruby Hill deferred consideration, as further described in Note 12 (iv) of these Financial Statements. During the year ended December 31, 2023, the Company issued 876,798 common shares for stock options and warrants exercised and received proceeds of C$2.6 million ($1.9 million). During the year ended December 31, 2022, the Company issued 1,857,200 common shares for stock options and warrants exercised and received proceeds of C$4.0 million ($3.1 million). Share option plan The Company has a share option plan (the "Plan") which is restricted to directors, officers, key employees and consultants of the Company. The number of common shares subject to options granted under the Plan (and under all other management options and employee stock purchase plans) is limited to 10% in the aggregate and 1% with respect to any one optionee of the number of issued and outstanding common shares of the Company at the date of the grant of the option. Options issued under the Plan may be exercised during a period determined by the Company's Board of Directors which cannot exceed ten years. Vesting periods may range from immediate to five years. Stock options The continuity of stock options issued and outstanding are as follows: Options outstanding # Weighted average price C$ Outstanding at December 31, 2021 6,689,000 2.21 Granted 2,673,179 2.65 Exercised (1,047,200) 2.45 Expired (320,106) 2.71 Forfeited (116,127) 2.62 Outstanding at December 31, 2022 7,878,746 2.30 Issued in Paycore Acquisition 1,727,200 1.89 Granted 2,088,687 3.20 Exercised (526,798) 2.59 Expired (16,000) 2.91 Forfeited (92,590) 2.69 Outstanding at December 31, 2023 11,059,245 2.39 The weighted average share price at the date of exercise for the year ended December 31, 2023 was C$3.13 (C$2.99 for the year ended December 31, 2022). At December 31, 2023, the following options were outstanding, and outstanding and exercisable: Outstanding Outstanding and Exercisable Exercise price Options Weighted average exercise price C$ Weighted average remaining life in years Options Weighted average exercise price C$ Weighted average remaining life in years $0.59 - $1.55 2,494,000 $1.25 0.90 2,494,000 $1.25 0.90 $1.56 - $2.64 3,710,278 $2.36 3.29 2,992,897 $2.30 3.33 $2.65 - $3.17 2,450,300 $2.72 2.52 2,450,300 $2.72 2.52 $3.18 - $3.67 2,404,667 $3.25 3.84 1,144,206 $3.30 3.58 11,059,245 $2.39 2.70 9,081,403 $2.25 2.48 Total vested stock options at December 31, 2023 wer e 9,081,403 with a weighted average exercise price of C$2.25 (5,998,738 at December 31, 2022 with a weighted average exercise price of C$2.17). The Company applies the fair value method of accounting for all share-based compensation awards and accordingly, $2.1 million was recorded for options issued as compensation during the year ended December 31, 2023 ($1.9 million for the year ended December 31, 2022) per the table in (f) share-based payments below. The options had a weighted average grant date fair value of C$3.20 at December 31, 2023. As of December 31, 2023, there were 1,977,842 unvested stock options (1,880,008 at December 31, 2022). Subsequent to the year ended December 31, 2023, 891,316 stock options were granted under the plan. For purposes of the options granted, the fair value of each option was estimated on the date of grant using the Black-Scholes option pricing model, with the following assumptions: December 31, December 31, Risk-free interest rate 3.47% to 4.03% 1.55% to 4.20% Annualized volatility based on historic volatility 52% to 60% 51% to 62% Expected dividend Nil Nil Forfeiture rate 0.0% to 4.4% 0.0% to 5.7% Expected option life 2.4 to 3.5 years 3.0 years Restricted and Deferred Share Unit Plan The Company adopted the RSU plan to allow the Board of Directors to grant its employees non-transferable share units based on the value of the Company's share price at the date of grant. The awards have a graded vesting schedule over a three-year period. Under the RSU plan, the awards can be equity or cash settled immediately upon vesting. The Company adopted the DSU plan to grant members of its Board of Directors non-transferable share units based on the value of the Company's share price at the date of grant. The awards have a graded vesting schedule over a three-year period. DSUs must be retained until the Director leaves the Board, at which time the awards will be equity or cash settled. The following table summarizes the continuity of the RSUs and DSUs for the period ended December 31, 2023: RSUs outstanding # DSUs outstanding # Outstanding at December 31, 2021 — — Granted 772,170 175,091 Settled (236,301) — Forfeited (70,227) — Outstanding at December 31, 2022 465,642 175,091 Granted 731,543 167,374 Settled (464,159) — Forfeited (31,271) — Outstanding at December 31, 2023 701,755 342,465 As the RSUs and DSUs are expected to be settled in cash, at December 31, 2023 a current liability of $0.5 million and a long-term liability of $0.7 million was outstanding and included in other liabilities ($0.40 million and $0.60 million, respectively, at December 31, 2022). For the year ended December 31, 2023, $1.0 million has been recorded as an expense and included in share-based payments ($1.3 million for the year ended December 31, 2022). The total fair value of the vested and unvested RSUs and DSUs at December 31, 2023 was C$2.4 million ($1.7 million at December 31, 2022). For purposes of the vesting of the RSUs and DSUs, the fair value of the liability was estimated using the share price of the valuation date and an expected weighted average forfeiture rate of 2% and nil, respectively. Subsequent to the year ended December 31, 2023, 2,051,374 RSUs were granted under the RSU plan and 344,993 DSUs were granted under the DSU plan. Share-based payments The following table summarizes share-based payment expense included in the statement of loss during the year ended December 31, 2023 and 2022: Year ended 2023 2022 Stock option valuation $ 2,107 $ 1,932 RSUs and DSUs 1,015 1,348 Total $ 3,122 $ 3,280

BASIC AND DILUTED LOSS PER SHAR

BASIC AND DILUTED LOSS PER SHARE	12 Months Ended
	Dec. 31, 2023
Earnings per share [abstract]
BASIC AND DILUTED LOSS PER SHARE	BASIC AND DILUTED LOSS PER SHARE Basic loss per share is calculated based on the weighted average number of common shares and common share equivalents outstanding during the year ended December 31, 2023, and 2022. Diluted loss per share is based on the assumption that stock options and warrants that have an exercise price less than the average market price of the Company's common shares during the period have been exercised on the later of the beginning of the year and the date granted. Net loss and basic weighted average shares outstanding are reconciled to diluted loss and diluted weighted average shares outstanding, respectively, as follows: Year ended 2023 2022 Net loss for the period $ (65,196) $ (79,197) Basic and diluted weighted average shares outstanding 274,057,213 240,100,023 Basic and diluted loss per share $ (0.24) $ (0.33) 11,059,245 stock options (Note 13 (d)) and 24,716,409 warrants (Note 12 (i)) were excluded from the computation of diluted weighted average shares outstanding for the year ended December 31, 2023 (7,878,746 and 17,561,152 respectively, for the year ended December 31, 2022), as their effect would be anti-dilutive.

SUPPLEMENTAL CASH FLOW INFORMAT

SUPPLEMENTAL CASH FLOW INFORMATION	12 Months Ended
	Dec. 31, 2023
Supplemental Cash Flow Information1 [Abstract]
SUPPLEMENTAL CASH FLOW INFORMATION	SUPPLEMENTAL CASH FLOW INFORMATION (i) The following table summarizes the increase (decrease) in non-cash working capital balances: Year ended 2023 2022 Receivables $ (3,604) $ 1,223 Prepaids and deposits 750 (799) Inventory 1,383 9,220 Accounts payable and accrued liabilities 9,916 (2,484) Increase in working capital $ 8,445 $ 7,160 (ii) The following table summarizes non-cash items included in other income (expense): Year ended 2023 2022 Gain (loss) on warrants $ 16,686 $ (1,040) Gain (loss) on Convertible Loans derivative 21,833 (9,899) Gain on Convertible Debenture derivative 900 — Loss on deferred consideration (1,194) (3,262) Gain (loss) on investments 997 (295) Gain on sales from Gold Prepay Agreement 569 1,596 Gain (loss) on Gold Prepay derivative (4,592) 2,916 Gain on Silver Purchase derivative — 1,898 Loss on Gold Prepay Agreement modification (1,831) — Other (477) 20 Total non-cash items included in other income (expense) $ 32,891 $ (8,066)

EXPLORATION, EVALUATION AND PRE

EXPLORATION, EVALUATION AND PRE-DEVELOPMENT	12 Months Ended
	Dec. 31, 2023
Exploration [Abstract]
EXPLORATION, EVALUATION AND PRE-DEVELOPMENT	EXPLORATION, EVALUATION AND PRE-DEVELOPMENT (i) The following table summarizes the Company's exploration, evaluation and pre-development expenditures by property: Year ended 2023 2022 McCoy-Cove, Nevada $ 14,069 $ 4,196 Granite Creek, Nevada 3,715 13,578 Ruby Hill, Nevada 17,063 19,552 Buffalo Mountain, Nevada 332 1,483 FAD, Nevada 3,675 — Other 59 — Total exploration, evaluation and pre-development $ 38,913 $ 38,809 (ii) The following table summarizes the Company's exploration, evaluation and pre-development expenditures by activity: Year ended 2023 2022 Drilling $ 24,203 $ 26,117 Assays 1,073 3,998 Salaries and benefits 1,515 2,106 Field support 3,601 2,861 Operating supplies 1,200 1,313 Studies and permits 3,691 768 Consulting and professional fees 3,128 760 Claim filing and maintenance fees 390 411 Depreciation & amortization 112 475 Total exploration, evaluation and pre-development $ 38,913 $ 38,809

GENERAL AND ADMINISTRATIVE

GENERAL AND ADMINISTRATIVE	12 Months Ended
	Dec. 31, 2023
Analysis of income and expense [abstract]
GENERAL AND ADMINISTRATIVE	GENERAL AND ADMINISTRATIVE Year ended 2023 2022 Corporate administration $ 5,730 $ 6,225 Salaries and benefits 9,522 7,537 Professional fees 3,260 3,328 Total general and administrative $ 18,512 $ 17,090

OTHER INCOME _ (EXPENSE)

OTHER INCOME / (EXPENSE)	12 Months Ended
	Dec. 31, 2023
Analysis of income and expense [abstract]
OTHER INCOME / (EXPENSE)	OTHER INCOME (EXPENSE) Year ended 2023 2022 Gain (loss) on warrants $ 16,686 $ (1,040) Gain (loss) on Convertible Loans derivative 21,833 (9,899) Gain on Convertible Debenture derivative 900 — Loss on deferred consideration (1,194) (3,262) Loss on foreign exchange (27) (404) Gain (loss) on investments 997 (295) Gain on sales from Gold Prepay Agreement 569 1,596 Gain (loss) Gold Prepay derivative (4,592) 2,916 Gain on Silver Purchase derivative — 1,898 Loss on Gold Prepay Agreement modification (1,831) — Other 1,581 (3,193) Total other income (expense) $ 34,922 $ (11,683)

FINANCE EXPENSE

FINANCE EXPENSE	12 Months Ended
	Dec. 31, 2023
Analysis of income and expense [abstract]
FINANCE EXPENSE	FINANCE EXPENSE Year ended 2023 2022 Interest accretion on Convertible Loans $ 9,081 $ 7,695 Interest accretion on Gold Prepay Agreement 8,691 6,720 Interest accretion on Silver Purchase Agreement 3,427 2,692 Interest accretion on Convertible Debentures 6,930 — Amortization of finance costs 908 353 Environmental rehabilitation accretion 2,823 3,001 Interest paid 46 27 Total finance expense $ 31,906 $ 20,488

SEGMENTED INFORMATION

SEGMENTED INFORMATION	12 Months Ended
	Dec. 31, 2023
Disclosure of operating segments [abstract]
SEGMENTED INFORMATION	SEGMENTED INFORMATION Results of the operating segments are reviewed by the Company's chief operating decision makers ("CODM") to make decisions about resources to be allocated to the segments and to assess their performance. Each CODM is a member of the senior management team who rely on management positioned in each operating segment of the Company. Operating mine property, development and exploration projects The Company's operating segments are reported by operating mine properties and exploration and development projects. The results from operations for these reportable segments are summarized in the following tables: Year ended December 31, 2023 Nevada Production 1 Exploration and Development 2 Corporate and other Total Revenue $ 54,910 $ — $ — $ 54,910 Cost of sales (52,852) — — (52,852) Depletion, depreciation and amortization (7,202) — — (7,202) Exploration, evaluation and pre-development (21,119) (17,794) — (38,913) Overhead costs (9,358) (447) (22,142) (31,947) Other income (expense) (780) 36 35,666 34,922 Finance expense (2,542) (264) (29,100) (31,906) Loss before income taxes (38,943) (18,469) (15,576) (72,988) Current tax expense (228) — — (228) Deferred tax recovery — — 8,020 8,020 Loss for the year $ (39,171) $ (18,469) $ (7,556) $ (65,196) Year ended December 31, 2022 Nevada Production 1 Exploration and Development 2 Corporate and other Total Revenue $ 36,958 $ — $ — $ 36,958 Cost of sales (28,861) — — (28,861) Depletion, depreciation and amortization (4,528) — — (4,528) Exploration, evaluation and pre-development (34,616) (4,224) 31 (38,809) Overhead costs (2,910) (297) (20,412) (23,619) Other income (expense) (6,641) 41 (5,083) (11,683) Finance expense (2,797) (212) (17,479) (20,488) Loss before income taxes (43,395) (4,692) (42,943) (91,030) Deferred tax recovery — — 11,833 11,833 Loss for the year $ (43,395) $ (4,692) $ (31,110) $ (79,197) As at December 31, 2023 Nevada Production 1 Exploration and Development 2 Corporate and other Total Capital expenditures $ 33,849 $ 83,916 $ 338 $ 118,103 Property, plant and equipment 485,609 149,638 3,380 638,627 Total assets 557,477 150,455 15,761 723,693 Total liabilities $ 111,171 $ 8,838 $ 177,420 $ 297,429 As at December 31, 2022 Nevada Production 1 Exploration and Development 2 Corporate and other Total Capital expenditures $ 46,539 $ 9,334 $ 522 $ 56,395 Property, plant and equipment 458,765 66,331 4,165 529,261 Total assets 511,298 69,584 61,077 641,959 Total liabilities $ 148,655 $ 8,301 $ 151,591 $ 308,547 Revenue by customer The following table represents sales to individual customers representing 100% of the Company's gold and silver revenue: Year ended 2023 2022 Customer 1 $ 15,313 $ 22,280 Customer 2 13,840 14,678 Customer 3 12,849 — Customer 4 10,973 — Customer 5 1,694 — Customer 6 241 — Total revenue from major customers $ 54,910 $ 36,958 The Company is not economically dependent on a limited number of customers for the sale of its product because gold and other metals can be sold through numerous commodity market traders worldwide.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2023
Major components of tax expense (income) [abstract]
INCOME TAXES	INCOME TAXES (a) The major components of income tax expense (recovery) are as follows: Year ended 2023 2022 Current income tax expense $ 228 $ — Deferred income tax recovery (8,020) (11,833) Income tax recovery $ (7,792) $ (11,833) (b) The income tax expense for the year can be reconciled to the accounting profit as follows: December 31, December 31, 2023 2022 Income / (loss) before income tax $ (72,988) $ (91,030) Canadian federal and provincial income tax rates (19,707) 27% (24,578) 34% Increase / (decrease) due to: Permanent differences (3,888) 5 873 (1) Impact of foreign tax rates 4,106 (6) 3,494 (5) Other foreign exchange differences (1,033) 1 (3,028) 4 Prior year's adjustments relating to tax provision and tax returns 438 (1) 727 (1) Change in unrecognized deferred taxes 13,632 (19) 10,829 (15) Other (1,340) 2 (150) — Income tax recovery $ (7,792) 11% $ (11,833) 16% (c) Deferred tax assets and liabilities have been offset where they relate to income taxes levied by the same taxation authority and the Company has the legal right and intent to offset. Movement in net deferred tax liabilities: December 31, 2023 December 31, 2022 Balance at the beginning of year $ (8,020) $ (19,853) Recognized in loss 8,020 11,833 Balance at the end of the year $ — $ (8,020) The Company recognizes deferred taxes by taking into account the effects of local enacted tax legislation. Deferred tax assets are fully recognized when the Company concludes that sufficient positive evidence exists to demonstrate that it is probable that a deferred tax asset will be realized. The main factors that the Company considers are: – Historic and expected future taxable income; – Any tax planning that can be implemented to realize the tax assets; and – The nature, amount and timing and reversal of taxable temporary differences. Future income is impacted by changes in market gold and silver prices as well as forecasted future costs and expenses to produce gold and silver reserves. In addition the quantities of proven and probable gold and silver reserves, market interest rates and foreign currency exchange rates also impact future levels of taxable income. Any change in any of these factors will result in an adjustment to the recognition of deferred tax assets to reflect the Company's latest assessment of the amount of deferred tax assets that is probable will be realized. The following is the analysis of deferred tax assets / (liabilities) presented in the consolidated statements of financial position: December 31, 2023 December 31, 2022 Deferred income tax assets Unused losses $ 48,086 $ 26,054 Financing costs 663 422 Asset retirement obligation 11,952 17,269 Other 5,883 29,109 Gross deferred tax asset $ 66,584 $ 72,854 Offset by deferred income tax liabilities (66,584) (58,395) Net deferred tax asset $ — $ 14,459 Deferred income tax liabilities Inventory (217) (983) Capital assets (46,087) (43,559) Other (20,280) (21,873) Gross deferred tax liabilities $ (66,584) $ (66,415) Deferred income tax liabilities used to offset deferred tax asset 66,584 58,395 Net deferred income tax assets / (liabilities) $ — $ (8,020) (d) Deferred tax assets not recognized The deductible temporary differences and unused tax losses in respect of which a deferred tax asset has not been recognized in the consolidated statements of financial position are as follows: Year ended December 31, 2023 Year ended December 31, 2022 Canada United States Canada United States Deferred tax assets not recognized Loss carry forwards (i) $ 57,054 $ — $ 25,953 $ — Other 21,841 30,399 20,710 — Total deferred tax assets not recognized $ 78,895 $ 30,399 $ 46,663 $ — Non capital loss carry‑forwards $ 57,054 $ — $ 25,953 $ — (i) Unused operating tax losses totaled $57.1 million at December 31, 2023. Canadian tax losses will expire between 2041 and 2043.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2023
Disclosure of transactions between related parties [abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS The Company's related parties include its subsidiaries and key management personnel. Key management personnel include the executive leadership team and members of the Board of Directors. Compensation for key management personnel during the years ended December 31, 2023 and December 31, 2022 were as follows: Year ended 2023 2022 Salaries, directors' fees and other short-term benefits $ 3,368 $ 3,573 Share-based payments 638 2,342 Total key management personnel compensation $ 4,006 $ 5,915 On February 22, 2023, certain directors and/or officers of the Company subscribed for $0.23 million in principal amount of Convertible Debentures of the Company, as further described in Note 5 of these Financial Statements. On August 1, 2023, certain directors and/or officers of the Company subscribed for C$0.5 million in common shares and a related party subscribed for C$2.7 million in common shares of the Company, as further described in Note 5 of these Financial Statements. On February 21, 2024, Certain directors and/or officers of the Company subscribed for C$0.3 million in common shares of the Company, as further described in Note 5 of these Financial Statements.

COMMITMENTS

COMMITMENTS	12 Months Ended
	Dec. 31, 2023
Other Provisions, Contingent Liabilities And Contingent Assets [Abstract]
COMMITMENTS	COMMITMENTS Surety bonds At December 31, 2023, the Company has outstanding surety bonds in the amount of $132.8 million in favour of either the United States Department of the Interior, Bureau of Land Management ("BLM"), or the State of Nevada, Department of Conservation & Natural Resources as financial support for environmental reclamation and exploration permitting. This includes surety bonds for the Lone Tree project and the Ruby Hill property in the amounts of $87.0 million and $27.0 million, respectively. The surety bonds are secured by a $44.5 million deposit and are subject to fees competitively determined in the marketplace. The obligations associated with these instruments are generally related to performance requirements that the Company addresses through its ongoing operations. As specific requirements are met, the BLM and State of Nevada as beneficiary of the instruments, will return the instruments to the issuing entity. As these instruments are associated with operating sites with long-lived assets, they will remain outstanding until closure.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2023
Financial Instruments [Abstract]
FINANCIAL INSTRUMENTS	FINANCIAL INSTRUMENTS The Company's operations include the acquisition and exploration of mineral properties in the State of Nevada. The Company examines the various financial risks to which it is exposed and assesses the impact and likelihood of occurrence. These risks may include credit risk, liquidity risk, currency risk, interest rate risk and other risks. Where material, these risks are reviewed and monitored by the Board of Directors. Credit risk Counterparty credit risk is the risk that the financial benefits of contracts with a specific counterparty will be lost if a counterparty defaults on its obligations under the contract. This includes any cash amounts owed to the Company by those counterparties, less any amounts owed to the counterparty by the Company where a legal right of offset exists and also includes the fair values of contracts with individual counterparties which are recorded in the Financial Statements. (i) Trade credit risk The Company closely monitors its financial assets and does not have any significant concentration of trade credit risk. The Company sells its products exclusively to large international financial institutions and other organizations with strong credit ratings. The historical level of customer defaults is negligible and, as a result, the credit risk associated with trade receivables is considered to be negligible. The trade receivable balance outstanding was $4.2 million at December 31, 2023 (nil at December 31, 2022) (ii) Cash In order to manage credit and liquidity risk the Company invests only in highly rated investment grade instruments that have maturities of 90 days or less and which are liquid after 30 days or less into a known amount of cash. Limits are also established based on the type of investment, the counterparty and the credit rating. The credit risk on cash and cash equivalents is therefore negligible. Liquidity risk Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they fall due. The Company manages liquidity risk through the management of its capital structure. The following table summarizes the Company's contractual maturities and the timing of cash flows as at December 31, 2023. The amounts presented are based on the undiscounted contractual cash flows and may not agree with the carrying amounts on the Financial Statements. Within 1 year 1-2 years 2-3 years Thereafter Total Accounts payable and accrued liabilities $ 27,182 $ — $ — $ — $ 27,182 Convertible Loans — 58,200 — — 58,200 Convertible Debentures — — — 65,000 65,000 Gold Prepay Agreement 26,550 22,856 9,743 — 59,149 Silver Purchase Agreement 17,127 2,191 — — 19,318 Reclamation and closure obligations 530 512 1,036 94,376 96,454 Total $ 71,389 $ 83,759 $ 10,779 $ 159,376 $ 325,303 Market risk (i) Interest rate risk Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. As the Company holds excess cash in interest bearing bank accounts rather than investments, the interest rate risk is minimal. (ii) Currency risk Currency risk is the risk that the value of financial instruments will fluctuate due to changes in foreign exchange rates. Currency risk arises when future commercial transactions and recognized assets and liabilities are denominated in a currency that is not the Company’s functional currency. The Company’s management monitors the exchange rate fluctuations on a continuous basis and acts accordingly. Fair value Definitions IFRS 13 establishes a fair value hierarchy that prioritizes the input to valuation techniques used to measure fair value as follows: Level 1: quoted prices (unadjusted) in active markets for identical assets or liabilities; Level 2: inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices); and Level 3: inputs for the asset or liability that are not based on observable market data (unobservable inputs). Valuation techniques used to determine fair values The Company calculates fair values based on the following methods of valuation and assumptions: a. Financial assets Financial assets other than the Company's investment described below are carried at amortized cost. The fair value of cash and cash equivalents and receivables approximate their carrying value due to their short-term nature. The Company's investment as further described in Note 7 (i) of the Financial Statements was classified within level 2 of the fair value hierarchy and was fair valued using the common share price from the most recent subscription agreement, however during the second quarter of 2022, the investment listed on the TSX and therefore a quoted market price for this investment became available and was classified within level 1 of the fair value hierarchy. b. Financial liabilities Financial liabilities not classified as fair value through profit or loss are carried at amortized cost. Accounts payable and accrued liabilities approximate their carrying value due to their short term nature. Share-based payment and warrant liabilities The share-based payment and warrant liabilities are classified within level 2 of the fair value hierarchy and are fair valued using a valuation model that incorporates such factors as the Company’s share price volatility, risk free rates and expiry dates including managements assumptions on forfeiture rates. Deferred consideration Deferred consideration related to Ruby Hill was recognized at fair value on acquisition and in the comparative period prior to settlement by the Company during the third quarter of 2023, as further described in Note 12 (iv) of the Consolidated Financial Statements. This liability was classified within level 3 of the fair value hierarchy as it involved management's best estimate of whether or not the key activities as described in Note 12 (iv) of these Financial Statements required for each milestone payment would be achieved. Management assumed that all milestones would be achieved and the early repayment option would be taken. The fair value of the deferred consideration in the comparative period was the $47 million discounted at 7.5%. Convertible Loans The Convertible Loans contain conversion and change of control rights that are separately measured at FVTPL each reporting period (level 3). In determining the fair value at each reporting period, management judgement is required in respect to input variables of the financial model used for estimation purposes. These variables include such inputs as managements estimate of the probability and date of a change of control event, the Company's share price, share price variability, credit spreads, and interest rates. The forced conversion rights were measured at fair value on inception but do not get revalued subsequently. A&R Gold Prepay Agreement The A&R Gold Prepay Agreement is recognized as a financial liability at amortized cost and it contains an embedded derivative in relation to the embedded gold price within the agreement that is measured at FVTPL each reporting period (level 3). In determining the fair value of the embedded derivative at each reporting period, management judgement is required in respect to input variables of the financial model used for estimation purposes. These variables include such inputs as metal prices, metal price volatility, and risk free borrowing rates. As further described in Note 5 and Note 10 (iv) of these Financial Statements the Company entered into an A&R Gold Prepay Agreement with Orion during the third quarter of 2023. Management followed the guidance within IFRS 9 - Financial Instruments and determined that the modification to the agreement was nonsubstantial and accordingly, the Company accounted for the modification as an adjustment to the existing liability. In performing this assessment management used a discounted cash flow analysis incorporating key inputs such as expected metal prices, metal price volatility and risk free borrowing rates. Silver Purchase Agreement The Silver Purchase Agreement is recognized as a financial liability at amortized cost and it contains two embedded derivatives; one in relation to the embedded silver price within the agreement and the other in relation to the gold substitution option whereby i-80 Gold can choose to deliver gold instead of silver at a ratio of 75:1, both are measured at FVTPL each reporting period (level 3). On initial recognition and at December 31, 2023, the gold substitution option did not have any value. In determining the fair value of the embedded derivatives at each reporting period, management judgement is required in respect to input variables of the financial model used for estimation purposes. These variables include such inputs as metal prices, metal price volatility, risk free borrowing rates and the Company's production profile. Convertible Debentures The Convertible Debentures were assessed for derivatives within the agreement and a number of instruments were identified that had to be separated from the host contract and valued on a standalone basis. These instruments were valued using a LongstaffSchwartx MonteCarlo simulation, assuming they follow correlated Geometric Brownian Motion and modeling the payoffs of each financial instrument in the Convertible Debentures. The derivatives (including embedded) were fair valued with the residual balance being allocated to the host contracts. The Convertible Debentures contain forced conversion and change of control options that are separately measured at FVTPL each reporting period (level 3) whilst the host contract is measured at amortized cost. In determining the fair value at each reporting period, management judgement is required in respect to input variables of the financial model used for estimation purposes. These variables include such inputs as managements estimate of the probability and date of a change of control event, the Company's share price, share price variability, credit spreads, and interest rates Fair value measurements using significant unobservable inputs (level 3) The following tables present the changes in level 3 items for the periods ended December 31, 2023 and December 31, 2022: Convertible Loans Convertible Debentures Orion conversion and change of control rights Sprott conversion and change of control rights Change of control option Forced conversion option Balance as at January 1, 2022 $ (18,534) $ (3,895) $ — $ — Fair value adjustments (8,495) (1,404) — — Balance as at December 31, 2022 $ (27,029) $ (5,299) $ — $ — Initial recognition — — (1,409) 875 Fair value adjustments 18,001 3,840 1,409 (509) Balance as at December 31, 2023 $ (9,028) $ (1,459) $ — $ 366 Silver Purchase Agreement - silver price derivative Gold Prepay Agreement - gold price derivative Deferred consideration A&R Offtake gold lookback option Balance as at January 1, 2022 $ — $ — $ (42,543) $ (730) Fair value adjustments 1,898 2,916 (3,262) — Balance as at December 31, 2022 $ 1,898 $ 2,916 $ (45,805) $ (730) Principal repayment — — 47,000 — Fair value adjustments — (4,592) (1,195) 93 Balance as at December 31, 2023 $ 1,898 $ (1,676) $ — $ (637) Valuation inputs and relationships to fair value The following table summarizes the quantitative information about the significant unobservable inputs used in level 3 fair value measurements: Balance as at December 31, 2023 Unobservable input Fair Value Change in Fair Value Assumption: -10% 10% Silver Purchase Agreement - silver price derivative Change in forecast silver price 1,898 2,575 (2,575) A&R Gold Prepay Agreement - gold price derivative Change in forecast gold price (1,676) 5,118 (5,118)

MANAGEMENT OF CAPITAL

MANAGEMENT OF CAPITAL	12 Months Ended
	Dec. 31, 2023
Corporate information and statement of IFRS compliance [abstract]
MANAGEMENT OF CAPITAL	MANAGEMENT OF CAPITAL The Company manages its share capital and equity settled employee benefits reserve as capital, the balance of which is $508.6 million at December 31, 2023 ($369.5 million at December 31, 2022). The Company's objectives when managing capital are to safeguard the Company's ability to continue as a going-concern in order to pursue the exploration and development of its mineral properties and to maintain a flexible capital structure which optimizes the costs of capital at an acceptable risk. The Company manages its 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 attempt to issue new shares, acquire or dispose of assets or acquire new debt. In order to maximize ongoing exploration and development efforts, the Company does not pay out dividends. The Company's investment policy is to invest its short-term excess cash in highly liquid short-term interest-bearing investments with short-term maturities, selected with regard to the expected timing of expenditures from continuing operations. To effectively manage its capital requirements, the Company has in place a planning and budgeting process to help determine the funds required to ensure the Company has the appropriate liquidity to meet its operating and growth objectives.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2023
Disclosure of non-adjusting events after reporting period [abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Private Placement of Common Shares On February 20, 2024, the Company completed a non-brokered private placement of common shares. An aggregate of 12,989,204 shares were issued by the Company at a price of C$1.80 per common share for aggregate gross proceeds of C$23.4 million. Certain directors and/or officers of the Company subscribed for C$0.3 million in common shares under the private placement. Silver Purchase Agreement On January 12, 2024, the Company entered into an extension agreement in relation to the Silver Purchase Agreement with Orion pursuant to which the 2023 Shortfall Amount Delivery Deadline was extended from January 15, 2024, to April 15, 2024 (the "Extension"). In connection with the Extension the Company paid an amendment fee of $0.2 million and issued 0.5 million common share warrants exercisable at C$2.717 per share with an exercise period of 48 months or until January 24, 2028. The warrants include a four month hold period. Contingent Payment On February 9, 2024, the Company issued 1.6 million common shares to Waterton at a price of C$1.80 for total gross proceeds of C$2.9 million ($2.1 million) as partial consideration of the contingent value rights payment related to Granite Creek due upon production of the first ounce of gold (excluding ordinary testing and bulk sampling programs) following a 60 consecutive day period where gold prices have exceeded $2,000 per ounce, as further described in Note 9 (b) of these Financial Statements.

BASIS OF PREPARATION (Policies)

BASIS OF PREPARATION (Policies)	12 Months Ended
	Dec. 31, 2023
Disclosure of objectives, policies and processes for managing capital [abstract]
Statement of compliance	Statement of compliance These Consolidated Financial Statements (the "Financial Statements") have been prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board ("IFRS Accounting Standards"). These Financial Statements were approved and authorized for issuance by the Board of Directors on March 12, 2024. (b) Basis of presentation The Financial Statements have been prepared using the measurement bases specified by IFRS Accounting Standards for each type of asset, liability, income and expense. Measurement bases are more fully described in the accounting policies below. These Financial Statements have been prepared by management on a going concern basis in accordance with IFRS Accounting Standards. The going concern basis of presentation assumes the Company will continue in operation for the foreseeable future and will be able to realize its assets and discharge its liabilities and commitments in the normal course of business. The Company’s ability to execute its plan and fulfill its commitments as they come due is dependent upon its success in obtaining additional financing. While management has been successful in raising additional funds in the past, there can be no assurance that it will be able to do so in the future. Given the Company’s working capital deficit, current operating losses and management’s expectation of future losses until it has fully executed its strategy, the inability of the Company to arrange appropriate financing in a timely manner could result in the carrying value of the Company’s assets being subject to material adjustment. These conditions indicate the existence of material uncertainties which cast significant doubt as to the Company’s ability to continue as a going concern. These Financial Statements have been prepared assuming the Company will continue as a going concern and do not include any adjustments to the amounts and classifications of assets and liabilities that might be necessary if the Company is not able to continue as a going concern. Such adjustments could be material.
Basis of consolidation	Basis of consolidation The Financial Statements incorporate the financial statements of the Company and entities controlled by the Company. Control is achieved when the Company is exposed to variable returns and has the ability to affect those returns through power to direct the relevant activities. The existence and effect of potential voting rights that are currently exercisable or convertible are considered when assessing whether the Company controls another entity. Subsidiaries are fully consolidated from the date on which control is transferred to the Company. Subsidiaries will be de-consolidated from the date that control ceases. The Company's principal properties and material subsidiaries are as follows: Subsidiary Location Percentage of ownership Property Principle activity Premier Gold Mines USA Inc. Nevada 100% Holding Mineral exploration Goldcorp Dee LLC Humboldt, Nevada 100% Lone Tree Production Ruby Hill Mining Company LLC Eureka, Nevada 100% Ruby Hill Production Osgood Mining Company LLC Humboldt, Nevada 100% Granite Creek Development Au-Reka Gold LLC Eureka, Nevada 100% McCoy-Cove Pre-development Golden Hill Mining LLC Eureka, Nevada 100% FAD Mineral exploration Argenta LLC Lander, Nevada 100% Inactive Mineral exploration All transactions and balances between the Company and its subsidiaries are eliminated on consolidation, including unrealized gains and losses on transactions between the companies. Where unrealized losses on intra-group asset sales are reversed on consolidation, the underlying asset is also tested for impairment from a group perspective. Amounts reported in the financial statements of subsidiaries have been adjusted where necessary to ensure consistency with the accounting policies adopted by the Company. Profit or loss and other comprehensive income of subsidiaries acquired or disposed of during the period are recognized from the effective date of acquisition, or up to the effective date of disposal, as applicable.
Business combinations	Business combinations For business combinations that are determined to be a combination of businesses not under common control, the consideration transferred by the Company to obtain control of a subsidiary is calculated as the sum of the acquisition date fair values of the assets transferred, the liabilities assumed and the equity interests issued by the Company, which includes the fair value of any asset or liability arising from a contingent consideration arrangement. Acquisition costs are expensed as incurred. The Company recognizes identifiable assets acquired and liabilities assumed in a business combination regardless of whether they have been previously recognized in the acquiree's financial statements prior to the acquisition. Assets acquired and liabilities assumed are generally measured at their acquisition date fair values. Goodwill is stated after separate recognition of identifiable intangible assets. It is calculated as the excess of the sum of a) fair value of consideration transferred, b) the recognized amount of any non-controlling interest in the acquiree and c) acquisition date fair value of any existing equity interest in the acquiree, over the acquisition date fair values of identifiable net assets. If the fair values of identifiable net assets exceed the sum calculated above, the excess amount is recognized immediately as income in the statement of income or loss and comprehensive income or loss.
Functional and presentation currency	Functional and presentation currency The functional currency of the Company and its subsidiaries is the United States dollar ("USD" or "US dollars") which reflects the underlying transactions, events and conditions that are relevant to the entity. Management considers primary and secondary indicators in determining functional currency including the currency that influences sales prices, labour, purchases and other costs. Other indicators include the currency in which funds from financing activities are generated and the currency in which receipts from operations are usually retained. Reference to $ or USD is to US dollars, reference to C$ or CAD is to Canadian dollars.
Financial instruments	Financial instruments Financial instruments are measured on initial recognition at fair value, plus, in the case of financial instruments other than those classified as fair value through profit or loss ("FVTPL"), directly attributable transaction costs. Financial instruments are recognized when the Company becomes a party to the contracts that give rise to them and are classified at amortized cost, fair value through profit or loss or fair value through other comprehensive income, as appropriate. The Company considers whether a contract contains an embedded derivative when the entity first becomes a party to it. The embedded derivatives are separated from the host contract if the host contract is not measured at fair value through profit or loss and when the economic characteristics and risks are not closely related to those of the host contract. Reassessment only occurs if there is a change in the terms of the contract that significantly modifies the cash flows that would otherwise be required.
Financial assets at FVPL	Financial assets at FVTPL Financial assets at FVTPL include financial assets held for trading and financial assets not designated upon initial recognition as amortized cost or fair value through other comprehensive income ("FVOCI"). A financial asset is classified in this category principally for the purpose of selling in the short term, or if so designated by management. Transaction costs are expensed as incurred. On initial recognition, a financial asset that otherwise meets the requirements to be measured at amortized cost or FVOCI may be irrevocably designated as FVTPL if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise. Financial assets measured at FVTPL are measured at fair value with changes in fair value recognized in profit or loss.
Financial assets at amortized cost	Financial assets at amortized cost A financial asset is measured at amortized cost if it is held within a business model whose objective is to hold assets to collect contractual cash flows and its contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding, and is not designated as FVTPL. Financial assets classified as amortized cost are measured subsequent to initial recognition at amortized cost using the effective interest method. The effective interest method is a method of calculating the amortized cost of a financial asset or financial liability and of allocating interest income or expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts/payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial instrument, or (when appropriate) a shorter period, to the net carrying amount on initial recognition.
Financial liabilities	Financial liabilities Financial liabilities are classified as measured at amortized cost or FVTPL. A financial liability is classified as at FVTPL if it is classified as held-for-trading, it is a derivative or it is designated as such on initial recognition. Financial liabilities at FVTPL are measured at fair value and net gains and losses, including any interest expense, are recognized in profit or loss. Other financial liabilities are subsequently measured at amortized cost using the effective interest method. Gains and losses are recognized in net earnings when the liabilities are derecognized as well as through the amortization process. Borrowing liabilities are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least 12 months after the statement of financial position date.
Derivative instruments	Derivative instruments Derivative instruments, including embedded derivatives, are measured at fair value on initial recognition and at each subsequent reporting period. Any gains or losses arising from changes in fair value on derivatives are recorded in profit or loss.
Fair values	Fair values The fair value of quoted investments is determined by reference to market prices at the close of business on the statement of financial position date. Where there is no active market, fair value is determined using valuation techniques. These include using recent arm’s length market transactions; reference to the current market value of another instrument which is substantially the same; discounted cash flow analysis; and, pricing models. Financial instruments that are measured at fair value subsequent to initial recognition are grouped into a hierarchy based on the degree to which the fair value is observable as follows: Level 1 fair value measurements are quoted prices (unadjusted) in active markets for identical assets or liabilities; Level 2 fair value measurements are those derived from inputs other than quoted prices included within Level 1 that are observable for the asset or liability either directly (i.e. as prices) or indirectly (i.e. derived from prices); and Level 3 fair value measurements are those derived from valuation techniques that include inputs for the asset or liability that are not based on observable market data (unobservable inputs).
Impairment of financial assets	Impairment of financial assets A loss allowance for expected credit losses is recognized in net income (loss) for financial assets measured at amortized cost. At each balance sheet date, on a forward-looking basis, the Company assesses the expected credit losses associated with its financial assets carried at amortized cost and FVOCI. The impairment methodology applied depends on whether there has been a significant increase in credit risk. The impairment model does not apply to investments in equity instruments. The expected credit losses are required to be measured through a loss allowance at an amount equal to the 12-month expected credit losses (expected credit losses that result from those default events on the financial instrument that are possible within 12 months after the reporting date) or full lifetime expected credit losses (expected credit losses that result from all possible default events over the life of the financial instrument). A loss allowance for full lifetime expected credit losses is required for a financial instrument if the credit risk of that financial instrument has increased significantly since initial recognition.
Derecognition of financial assets and liabilities	Derecognition of financial assets and liabilities A financial asset is derecognized when either the rights to receive cash flows from the asset have expired or the Company has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material delay to a third party. If neither the rights to receive cash flows from the asset have expired nor the Company has transferred its rights to receive cash flows from the asset, the Company will assess whether it has relinquished control of the asset or not. If the Company does not control the asset then derecognition is appropriate. A financial liability is derecognized when the associated obligation is discharged or canceled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognized in net earnings.
Inventory	Inventory Material extracted from our mines is classified as either ore or waste. Ore represents material that, at the time of extraction, is expected to be processed into a saleable form and sold at a profit. Raw materials are comprised of both ore in stockpiles and ore on leach pads as processing is required to extract benefit from the ore. Ore is accumulated in stockpiles that are subsequently processed into gold and silver in a saleable form. The recovery of gold from certain oxide ores is achieved through the heap leaching process. Work-in-process represents gold and silver in the processing circuit that has not completed the production process, and is not yet in a saleable form. Finished goods inventory represents gold and silver in saleable form. Mine operating supplies represent commodity consumables and other raw materials used in the production process, as well as spare parts and other maintenance supplies that are not classified as capital items. Inventories are valued at the lower of cost and net realizable value ("NRV"). Cost is determined on a weighted average basis and includes all costs incurred, based on a normal production capacity, in bringing each product to its present location and condition. Cost of inventories comprises direct labour, materials and contractor expenses, including non-capitalized stripping costs; depreciation on property, plant and equipment including capitalized stripping costs; and an allocation of general and administrative costs. As ore is removed for processing, costs are removed based on the average cost per ounce in the stockpile. Provisions to reduce inventory to NRV are recorded to reflect changes in economic factors that impact inventory value and to reflect present intentions for the use of slow moving and obsolete supplies inventory. NRV is determined with reference to relevant market prices less applicable variable selling expenses. Provisions recorded also reflect an estimate of the remaining costs of completion to bring the inventory into its saleable form. Provisions are also recorded to reduce mine operating supplies to NRV, which is generally calculated by reference to its salvage or scrap value, when it is determined that the supplies are obsolete. Provisions are reversed to reflect subsequent recoveries in NRV where the inventory is still on hand.
Property, plant and equipment	Property, plant and equipment General Property, plant and equipment are recorded at cost less accumulated depreciation, depletion and impairment charges. Major overhaul expenditures and the cost of replacement of a component of plant and mobile equipment are capitalized and depreciated over the average expected life between major overhauls. All other replacement spares and other costs relating to maintenance of mobile equipment are charged to the cost of production. Directly attributable costs incurred for major capital projects and site preparation are capitalized until the asset is in a location and condition necessary for operation as intended by management. These costs include dismantling and site restoration costs to the extent these are recognized as a provision. Management annually reviews the estimated useful lives, residual values and depreciation methods of the Company’s property, plant and equipment and also when events or changes in circumstances indicate that such a review should be made. Changes to estimated useful lives, residual values or depreciation methods resulting from such review are accounted for prospectively. An item of property, plant and equipment is de-recognized upon disposal or when no further future economic benefits are expected from its use or disposal. Any gain or loss arising on de-recognition of the asset (calculated as the difference between any proceeds received and the carrying amount of the asset) is included in the statements of income or loss and comprehensive income or loss in the period the asset is de-recognized. Exploration, evaluation and pre-development expenditures The exploration, evaluation and pre-development expenditure policy is to charge exploration and evaluation expenditures within an area of interest as expense until management concludes that the technical feasibility and commercial viability of extracting a mineral resource are demonstrable and that future economic benefits are probable. In making this determination, the extent of exploration, as well as the degree of confidence in the mineral resource is considered. Once a project has been established as commercially viable and technically feasible and has been subject to an impairment analysis, further expenditures are capitalized and classified as development properties. Exploration, evaluation and pre-development expenditures consist of: – gathering exploration data through topographical and geotechnical studies; – exploratory drilling, trenching and sampling; – determining the volume and grade of the resource; – test work on geology, metallurgy, mining, geotechnical and environmental; and – conducting engineering, marketing and financial studies. Exploration and evaluation assets acquired are initially recognized at fair value as exploration rights within tangible assets. Development properties (underground and open pit) A property, either open pit or underground, is classified as a development property when a mine plan has been prepared and technical feasibility has been established, a permit has been obtained and a decision is made to commercially develop the property and mineralization is classified as proven and probable. Development expenditure is accumulated separately for each area of interest for which economically recoverable mineral reserves have been identified. All expenditures incurred prior to the commencement of commercial production from each development property are capitalized. Commercial production is the point at which a mine is capable of operating in the manner intended by the Company's management. In addition, capitalized costs are assessed for impairment when there is an indicator of impairment. Proceeds received from selling output produced before the asset is ready for its intended use are recognized in profit or loss. The related cost of producing the output is measured using the guidance in IAS 2, ‘Inventories’, and it is recognized as an expense in profit or loss when sold. Development properties are not amortized until they are reclassified as mine property assets following the achievement of commercial levels of production. Mine properties After a mine property has been brought into commercial production, costs of any additional mining, in-pit drilling and related work on that property are expensed as incurred. Mine development costs incurred to expand operating capacity, develop new ore bodies or develop mine areas in advance of current production, including the stripping of waste material, are deferred and then amortized on a unit-of- production basis. Deferred stripping costs Stripping costs incurred in the production phase of a mining operation are accounted for as variable production costs and are included in the costs of inventory produced. Stripping activity that improves access to ore in a future period is accounted for as an addition to or enhancement of an existing asset. The Company recognizes stripping activity assets when it is probable that the future economic benefit associated with the stripping activity will flow to the Company; the component of the ore body for which access has been improved can be identified; and the costs relating to the stripping activity associated with that component can be measured reliably. Stripping activity assets are amortized on a unit of production basis in subsequent periods over the proven and probable reserves to which they relate. Depreciation and depletion The carrying amounts of mine properties, plant and equipment are depreciated or depleted to their estimated residual value over the estimated economic life of the specific assets to which they relate, using the depreciation methods or depletion rates as indicated below. Estimates of residual values or useful lives and depreciation methods are reassessed annually and any change in estimate is taken into account in the determination of the remaining depreciation or depletion rate. Depreciation or depletion commences on the date the asset is available for its use as intended by management. Depreciation or depletion is computed using the following rates: Item Methods Rates Mine properties Units of production Estimated proven and probable mineral reserves Equipment, leasehold improvements Straight line Lesser of lease term and estimated useful life Buildings Straight line 20 years Furniture, office equipment and software Straight line 2 – 5 years Plant and equipment Straight line, units of production 4 – 10 years, estimated proven and probable mineral reserves Mining equipment Straight line 1 – 10 years based on life of mine Deferred stripping costs Units of production Estimated proven and probable mineral reserves accessible due to stripping activity
Provisions	Provisions Provisions are recognized when the Company or its subsidiaries have a present obligation (legal or constructive) as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. The amount recognized as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period. If the effect of the time value of money is material, provisions are determined by discounting the expected future cash flows at a pretax rate that reflects current market assessments of the time value of money and, where appropriate, the risks specific to the liability. Where discounting is used, the increase in the provision due to the passage of time is recognized as a finance cost. Contingent liabilities are not recognized in the financial statements, if not estimatable and probable, and are disclosed in notes to the financial information unless their occurrence is remote. Contingent assets are not recognized in the financial statements, but are disclosed in the notes if their recovery is deemed probable. Environmental rehabilitation Provisions for environmental rehabilitation are made in respect of the estimated future costs of closure and restoration and for environmental rehabilitation costs (which include the dismantling and demolition of infrastructure, removal of residual materials and remediation of disturbed areas) in the accounting period when the related environmental disturbance occurs. The provision is discounted using a pretax rate, and the unwinding of the discount is included in finance costs. At the time of establishing the provision, a corresponding asset is capitalized and is depreciated over future production from the mining property to which it relates. The provision is reviewed each reporting period for changes in cost estimates, discount rates and operating lives. Changes to estimated future costs are recognized in the statement of financial position by adjusting the rehabilitation asset and liability. If, for mature mines, the revised mine assets net of rehabilitation provisions exceeds the carrying value, that portion of the increase is charged directly to expenses. For closed sites, changes to estimated costs are recognized immediately in profit and loss.
Leases	Leases At inception of a contract, the Company assesses whether a contract is, or contains, a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. To assess whether a contract conveys the right to control the use of an identified asset, the Company assesses whether the: – contract involves the use of an identified asset: – this may be specified explicitly or implicitly, – should be physically distinct or represent substantially all of the capacity of a physically distinct asset, and – if the supplier has a substantive substitution right, then the asset is not identified. – Company has the right to obtain substantially all of the economic benefits from use of the asset throughout the period of use, and – Company has the right to direct the use of the asset. The Company has this right when it has the decision-making rights that are most relevant to changing how and for what purpose the asset is used. In rare cases where the decision about how and for what purpose the asset is used is predetermined, the Company has the right to direct the use of the asset if either the: – Company has the right to operate the asset, or – Company designed the asset in a way that predetermines how and for what purpose it will be used. At inception or on reassessment of a contract that contains a lease component, the Company allocates the consideration in the contract to each lease component on the basis of their relative stand-alone prices. However, for the leases of land and buildings in which it is a lessee, the Company has elected not to separate non-lease components and account for the lease and non-lease components as a single lease component. The Company recognizes a right-of-use asset and a lease liability at the lease commencement date. The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred and an estimate of costs to dismantle and remove the underlying asset or to restore the underlying asset or the site on which it is located, less any lease incentives received. The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the earlier of the end of the useful life of the right-of-use asset or the end of the lease term. The estimated useful lives of right-of-use assets are determined on the same basis as those of property and equipment. In addition, the right-of-use asset will be periodically reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease liability when applicable. The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company's incremental borrowing rate. Generally, the Company uses its incremental borrowing rate as the discount rate. Lease payments included in the measurement of the lease liability comprise the following: – fixed payments, including in-substance fixed payments, – variable lease payments that depend on an index or a rate, initially measured using the index or rate as at the commencement date, – amounts expected to be payable under a residual value guarantee, and – the exercise price under a purchase option that the Company is reasonably certain to exercise, lease payments in an optional renewal period if the Company is reasonably certain to exercise an extension option, and penalties for early termination of a lease unless the Company is reasonably certain not to terminate early. The lease liability is measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Company's estimate of the amount expected to be payable under a residual value guarantee, or if the Company changes its assessment of whether it will exercise a purchase, extension or termination option. When the lease liability is remeasured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. The Company presents right-of-use assets that do not meet the definition of investment property in “Property, plant and equipment" and lease liabilities in “Other liabilities". The Company has elected not to recognize right-of-use assets and lease liabilities for short-term leases of items that have a lease term of 12 months or less and leases of low-value assets including non-specialized IT equipment. The Company recognizes the lease payments associated with these leases as an expense on a straight-line basis over the lease term.
Share capital and warrants	Share capital and warrants Share capital represents the fair value of consideration received. Equity instruments are contracts that give a residual interest in the net assets of the Company. Financial instruments issued by the Company are classified as equity only to the extent that they do not meet the definition of a financial liability or financial asset. Incremental costs directly attributable to the issue of new shares or options are also shown in equity as a deduction. The Company periodically issues units to investors consisting of common shares and warrants in non-brokered private placements or as additional consideration in a brokered financing or purchase transaction. Each whole warrant issued entitles the holder to acquire a common share of the Company, at a fixed Canadian dollar price over a specified term. These warrants are not transferable from the original investor to a new investor and are considered derivatives because their exercise price is in CAD whereas the Company’s functional currency is in USD. Accordingly, the Company recognizes the warrants as a liability at fair value with changes in fair value recognized in profit or loss. When investor or other warrants are exercised, the liability is revalued prior to de-recognition with the change in fair value recognized in profit or loss, proceeds received are added to share capital and the liability is derecognized. Holders of the Company's common shares will be entitled to receive dividends out of any funds legally available when, as and if declared by the Board. Each holder of the Company's common shares is entitled to one vote per share on all matters on which shareholders are generally entitled to vote. The Company's articles do not provide for cumulative voting in the election of directors.
Share-based compensation	Share-based compensation All goods and services received in exchange for the grant of any share-based payment are measured at their fair values or where fair value of the goods and services received is indeterminable estimated using an option pricing model. Where employees are rewarded using share-based payments, the fair values of employees' services are determined indirectly by reference to the fair value of the equity instruments granted. This fair value is determined at the grant date. All share-based remuneration is ultimately recognized as an expense in profit or loss with a corresponding credit to reserves. Share Option Plan Stock options are equity-settled share-based compensation awards. The fair value of stock options at the grant date is estimated using the Black-Scholes option pricing model. Compensation expense is recognized over the vesting period based on the number of units estimated to vest. Vesting periods may range from immediate to five years. This expense is recognized as share-based compensation expense with a corresponding increase in equity reserves. Restricted Share Unit Plan Restricted share units ("RSU") are granted to eligible members of the Board of Directors, eligible employees and eligible contractors. The RSUs are settled in cash or equity at the option of the Company. The RSUs vest subject to an RSU award letter but no later than December 31, of the third calendar year following the service year determined based on date of grant. The RSUs granted are accounted for under the equity method where the RSU grant letter specifies settlement in shares. Deferred Share Unit Plan Deferred share units ("DSU") are granted to eligible members of the Board of Directors, eligible employees and eligible contractors. The DSUs are settled in cash or equity at the option of the Company. The DSUs vest subject to a DSU award letter but no later than December 31, of the third calendar year following the service year determined based on date of grant. The DSUs granted are accounted for under the liability method where the DSU grant letter specifies settlement in cash, and the equity method where the DSU grant letter specifies settlement in shares. DSUs must be retained until the Director leaves the Board, at which time the awards will be equity or cash settled.
Revenue	Revenue Gold and Silver The Company generates revenue by selling gold and silver produced from its mining operations under the gold offtake agreement and from gold and silver sold in the London spot market. Revenue from gold and silver is recognized when control of the gold or silver has transferred to the customer and the Company has satisfied its performance obligation, which generally occurs upon the transfer of gold or silver credits to the customer’s metal account. Upon transfer of the gold or silver to the customer’s metal account, the customer has legal title to, physical possession of, and has assumed the risks and rewards of ownership of the gold or silver; therefore, the customer has the ability to direct the use of and obtain substantially all of the remaining benefits of ownership of the gold or silver. The Company considers the terms of the contract in determining the transaction price. The transaction price is based upon the amount the Company expects to be entitled to in exchange for the transferring of the gold or silver. The transaction price is either fixed on the settlement date or at spot prices based upon the terms of the contract. Mineralized Material Sales The Company generates revenue by selling mineralized material mined from certain of its mines under sale contracts with third parties. The Company recognizes revenue from mineralized material sales when control of the mineralized material has transferred to the customer and the Company has satisfied its performance obligation, which is generally at the point in time that the mineralized material is delivered to the customer. Upon delivery, the customer has legal title to, physical possession of, and has assumed the risks and rewards of ownership of the mineralized material; therefore, the customer has the ability to direct the use of and obtain substantially all of the remaining benefits of ownership of the mineralized material. The Company considers the terms of the contract in determining the transaction price. The transaction price is based upon the amount the Company expects to be entitled to in exchange for the transferring of the mineralized material. The Company generally sells mineralized material based on the monthly average market price for month in which delivery to the customer takes place or at spot prices based upon the terms of the contract. Under certain contracts with customers, transfer of control may occur when the promised asset is in transit to the refinery, processing facility or the customer. At this point in time, the customer has legal title to and the risks and rewards of ownership of the promised asset; therefore, the customer has the ability to direct the use of and obtain substantially all of the remaining benefits of ownership of the promised asset.
Income taxes	Income taxes Tax expense recognized in profit or loss comprises the sum of deferred tax and current tax not recognized in other comprehensive income or directly in equity. Current income tax assets and/or liabilities comprise those obligations to, or claims from, fiscal authorities relating to the current or prior reporting periods, that are unpaid at the reporting date. Current tax is payable on taxable profit or other current tax activities, which differs from profit or loss in the financial statements. Calculation of current tax expense is based on tax rates and tax laws that have been enacted by the end of the reporting period. Deferred income taxes are calculated using the liability method on temporary differences between the carrying amounts of assets and liabilities and their tax bases. Deferred tax on temporary differences associated with investments in subsidiaries and co-ownership is not provided if reversal of these temporary differences can be controlled by the Company and it is expected that reversal will not occur in the foreseeable future. Deferred tax assets and liabilities are calculated, without discounting, at tax rates that are expected to apply to their respective period of realization, provided they are enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are always provided for in full. Deferred tax assets are recognized to the extent that it is probable that they will be able to be utilized against future taxable income. To the extent that the Company does not consider it probable that a future tax asset will be recovered, it is not recognized in the financial statements. Deferred tax assets and liabilities are offset only when the Company has a right and intention to offset current tax assets and liabilities from the same taxation authority. Changes in deferred tax assets or liabilities are recognized as a component of taxable income or expense in profit or loss, except where they relate to items that are recognized in other comprehensive income or directly in equity, in which case the related deferred tax is also recognized in other comprehensive income or equity, respectively.
Income / (loss) per share	ncome (loss) per share The Company presents basic income (loss) per share data for its common shares, calculated by dividing the income (loss) attributable to common shareholders of the Company by the weighted average number of common shares outstanding during the period. Diluted income per share is determined using the treasury stock method and the weighted average number of common shares outstanding for the effects of all dilutive stock options.
Segment reporting	Segment reporting An operating segment is a component of an entity (i) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same entity), (ii) whose operating results are regularly reviewed by the entity's management, and (iii) for which discrete financial information is available.
Amended IFRS standard	Amended IFRS Accounting Standards effective January 1, 2023 The International Accounting Standards Board (“IASB”) amended IAS 1 - Presentation of Financial Statements to require entities to disclose their material, rather than significant accounting policies. The amendments define material accounting policy information and explain how to identify when accounting policy information is material. Further, the amendment to IAS 1 clarifies that immaterial accounting policy information need not be disclosed. If it is disclosed, it should not obscure material accounting policy information. To support this amendment, the IASB also amended IFRS Practice Statement 2 Making Materiality Judgements to provide guidance on how to apply the concept of materiality to accounting policy disclosures. These amendments are effective for annual periods beginning on or after January 1, 2023. The accounting policy information disclosed in Note 2 and Note 3 reflect the Company’s material accounting policies. (m) Amended IFRS Accounting Standards not yet effective In January 2020, the IASB issued amendments to IAS 1 - Presentation of Financial Statements to clarify that liabilities are classified as either current or non-current, depending on the existence of the substantive right at the end of the reporting period for an entity to defer settlement of the liability for at least twelve months after the reporting period. The amendments are effective January 1, 2024 with early adoption permitted. The amendments are required to be adopted retrospectively. The Company does not anticipate any significant impact from these amendments on the financial statements as a result of initial application.

BASIS OF PREPARATION (Tables)

BASIS OF PREPARATION (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of objectives, policies and processes for managing capital [abstract]
Schedule of Interests In Subsidiaries	The Company's principal properties and material subsidiaries are as follows: Subsidiary Location Percentage of ownership Property Principle activity Premier Gold Mines USA Inc. Nevada 100% Holding Mineral exploration Goldcorp Dee LLC Humboldt, Nevada 100% Lone Tree Production Ruby Hill Mining Company LLC Eureka, Nevada 100% Ruby Hill Production Osgood Mining Company LLC Humboldt, Nevada 100% Granite Creek Development Au-Reka Gold LLC Eureka, Nevada 100% McCoy-Cove Pre-development Golden Hill Mining LLC Eureka, Nevada 100% FAD Mineral exploration Argenta LLC Lander, Nevada 100% Inactive Mineral exploration

MATERIAL ACCOUNTING POLICIES (T

MATERIAL ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2023
Material Accounting Policies [Abstract]
Schedule of Detailed Information About Property, Plant And Equipment	Depreciation or depletion is computed using the following rates: Item Methods Rates Mine properties Units of production Estimated proven and probable mineral reserves Equipment, leasehold improvements Straight line Lesser of lease term and estimated useful life Buildings Straight line 20 years Furniture, office equipment and software Straight line 2 – 5 years Plant and equipment Straight line, units of production 4 – 10 years, estimated proven and probable mineral reserves Mining equipment Straight line 1 – 10 years based on life of mine Deferred stripping costs Units of production Estimated proven and probable mineral reserves accessible due to stripping activity Cost Mine properties (i) Development properties (ii) Exploration, evaluation and pre-development properties (iii) Buildings, plant and equipment Total Balance as at January 1, 2022 $ 2,160 $ 76,385 $ 223,220 $ 206,241 $ 508,006 Additions — 32,422 241 23,450 56,113 Disposals — — — (24) (24) IFRS 16 Right of Use assets — — — 280 280 Change in estimate of provision for environmental rehabilitation — (994) (22,608) — (23,602) Transfers — 899 7,182 (8,081) — Balance as at December 31, 2022 2,160 108,712 208,035 221,866 540,773 Additions — 15,366 83,707 18,778 117,851 Disposals — — — (1,749) (1,749) IFRS 16 Right of Use assets — — — 252 252 Transfers — (4,663) — 4,663 — Change in estimate of provision for environmental rehabilitation — 121 (2,508) — (2,387) Adjustments — — — (134) (134) Balance as at December 31, 2023 $ 2,160 $ 119,536 $ 289,234 $ 243,676 $ 654,606 Accumulated depreciation and impairment Balance as at January 1, 2022 $ 2,160 $ — $ — $ 3,197 $ 5,357 Depletion, depreciation and amortization — — — 6,177 6,177 Disposals — — — (22) (22) Balance as at December 31, 2022 2,160 — — 9,352 11,512 Depletion, depreciation and amortization — — — 5,023 5,023 Disposals — — — (450) (450) Adjustments — — — (106) (106) Balance as at December 31, 2023 $ 2,160 $ — $ — $ 13,819 $ 15,979 Carrying amounts Balance, December 31, 2022 $ — $ 108,712 $ 208,035 $ 212,514 $ 529,261 Balance as at December 31, 2023 $ — $ 119,536 $ 289,234 $ 229,857 $ 638,627 (i) Mine properties include the Ruby Hill Archimedes open pit, fully depleted in 2021. (ii) Development properties include Granite Creek. Exploration, evaluation and pre-development properties: Property January 1, 2023 Additions Change in estimate of environmental provision Transfers December 31, 2023 McCoy-Cove, Nevada $ 61,203 $ 5,489 $ (535) $ — $ 66,157 Ruby Hill, Nevada 92,889 — (813) — 92,076 Lone Tree, Nevada 52,533 — (1,123) — 51,410 Argenta, Nevada 1,410 — (37) — 1,373 FAD, Nevada — 78,218 — — 78,218 Total $ 208,035 $ 83,707 $ (2,508) $ — $ 289,234 Property January 1, 2022 Additions Change in estimate of environmental provision Transfers December 31, 2022 McCoy-Cove, Nevada $ 54,105 $ — $ (84) $ 7,182 $ 61,203 Ruby Hill, Nevada 103,594 — (10,705) — 92,889 Lone Tree, Nevada 65,521 — (12,988) — 52,533 Argenta, Nevada — 241 1,169 — 1,410 Total $ 223,220 $ 241 $ (22,608) $ 7,182 $ 208,035 Depreciation, depletion and amortization on property, plant and equipment during the year ended December 31, 2023 and 2022 include amounts allocated to: Year ended 2023 2022 Depreciation, depletion and amortization $ 7,202 $ 4,528 Recorded in exploration, evaluation and pre-development 112 484 Recorded in general and administrative 444 346 Recorded in property maintenance 1,088 816 Depreciation, depletion and amortization capitalized into properties 102 215 8,948 6,389 Inventory movement (3,925) (212) Total depletion, depreciation and amortization $ 5,023 $ 6,177 The Company’s leased assets include buildings and vehicles. Right-of-use assets include: Buildings Equipment Total As at December 31, 2021 $ 582 $ — $ 582 Additions — 280 280 Depreciation (212) (128) (340) As at December 31, 2022 370 152 522 Additions 143 100 243 Termination — (90) (90) Depreciation (238) (108) (346) As at December 31, 2023 $ 275 $ 54 $ 329

RECENT EVENTS (Tables)

RECENT EVENTS (Tables)	12 Months Ended
	Dec. 31, 2023
Recent Events [Abstract]
Schedule of Detailed Information About Asset Acquisition	Components of consideration paid: Share consideration (i) $ 66,037 Common shares issued in relation to contingent value rights (ii) 12,750 Replacement warrants (iii) 2,675 Replacement options (iii) 2,515 Previously held interest (iv) 4,116 Transaction costs 323 $ 88,416 (i) The fair value of 25,488,584 common shares issued to Paycore shareholders was determined using the Company's share price of C$3.46 per share on the acquisition date. (ii) Following completion of the arrangement and in accordance with the Amendment to the Contingent Value Rights Agreement dated February 26, 2023 among the Company, Paycore, Golden Hill Mining LLC, and Waterton Nevada Splitter, LLC and Waterton Nevada Splitter II, LLC (collectively, "Waterton"), all of the obligations outstanding under the outstanding contingent value rights agreement between Paycore, Golden Hill Mining LLC and Waterton dated April 20, 2022, with an aggregate value of $12.75 million were satisfied through the issuance of 5,016,991 i-80 Gold common shares to Waterton on May 9, 2023. The fair value of 5,016,991 common shares issued to Waterton was determined using the Company's share price of C$3.46 per share on the acquisition date. (iii) The fair value of 1,727,200 replacement options and 3,755,257 replacement warrants was determined using the Black-Scholes pricing model with the following assumptions: Stock Options Warrants Risk free rate 3.55% to 3.91% 3.66% to 4.52% Expected life 18 to 29 months 12 to 24 months Expected volatility 52% to 56% 52% to 58% Share price C$3.46 C$3.46 (iv) On May 5, 2023 and immediately prior to the Paycore acquisition the Company owned 2,336,200 Paycore common shares. The Company's investment in Paycore was remeasured at fair value on the acquisition date using the Exchange Ratio and the Company's share price of C$3.46 per share on the acquisition date with the change in fair value recognized t hrough the statement of loss as further described in Note 18 of these Financial Statements. The table below presents the fair values of the assets acquired and liabilities assumed at the date of acquisition: Net assets (liabilities) acquired: Cash $ 10,027 Other assets 206 Mineral properties 78,218 Accounts payable (35) Fair value of net assets acquired $ 88,416 Net assets (liabilities) acquired: Property, plant and equipment $ 3,122 Other assets 1,767 Provision for environmental rehabilitation (1,169) Fair value of net assets acquired $ 3,720

INVENTORY (Tables)

INVENTORY (Tables)	12 Months Ended
	Dec. 31, 2023
Inventory [Abstract]
Schedule Of Detailed Information About Inventories Explanatory	December 31, 2023 December 31, 2022 Ore in stockpiles and on leach pads $ 7,614 $ 12,492 Work-in-process 778 3,059 Finished goods 896 984 Materials and supplies 2,099 — Total inventory $ 11,387 $ 16,535

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	12 Months Ended
	Dec. 31, 2023
Other Assets 1 [Abstract]
Schedule of Detailed Information About Other Assets	December 31, 2023 December 31, 2022 Investment in Paycore (i) $ — $ 2,185 Gold Prepay Agreement embedded derivative (ii) — 2,916 Silver Purchase Agreement embedded derivative (iii) 1,898 1,898 Forced conversion option (iv) 366 — Other assets (v) 1,703 1,768 Total other assets 3,967 8,767 Less current portion 3,202 6,280 Long-term portion $ 765 $ 2,487 (i) The asset balance in the comparative period represents the Company's investment in Paycore, as further described in Note 5 of these Financial Statements. The Company recorded its investment in Paycore at fair value. For the year ended December 31, 2023, the Company recorded a fair value gain related to the revaluation of the investment of $1.0 million ($0.3 million loss for the year ended December 31, 2022) t hrough the statement of loss as further described in Note 18 of these Financial Statements. (ii) The asset balance in the comparative period represents the embedded derivative in relation to the fixed gold price included in the Gold Prepay Agreement as further described in Note 10 (iv) and Note 24 (d) of these Financial Statements. The Company recognizes the embedded derivative at fair value with changes in fair value recognized in profit or loss. For the year ended December 31, 2023, the Company recorded a fair value loss of $ 4.6 million ($2.9 million gain for the year ended December 31, 2022) related to the valuation of the embedded derivative through the statement of loss as further described in Note 18 of these Financial Statements. (iii) The asset balance represents the embedded derivative in relation to the silver price included in the Silver Purchase Agreement as further described in Note 10 (v) and Note 24 (d) of these Financial Statements. The Company recognizes the embedded derivative at fair value with changes in fair value recognized in profit or loss. For the year ended December 31, 2023, the Company recorded a fair value gain (loss) of nil ( $1.9 million gain for the year ended December 31, 2022) related to the valuation of the embedded derivative through the statement of loss as further described in Note 18 of these Financial Statements. As of December 31, 2023, the current portion of the Silver Purchase Agreement embedded derivative was $1.5 million. (iv) The asset balance represents the forced conversion option included in the Convertible Debentures as further described in Note 10 (iii) and Note 24 (d) of these Financial Statements.

RESTRICTED CASH AND CASH EQUI_2

RESTRICTED CASH AND CASH EQUIVALENTS (Tables)	12 Months Ended
	Dec. 31, 2023
Restricted Cash And Cash Equivalents1 [Abstract]
Schedule Of Restricted Cash	Property December 31, 2023 December 31, 2022 McCoy-Cove, Nevada (i) $ — $ 1,955 Lone Tree, Nevada (ii) 40,243 25,877 Ruby Hill, Nevada (iii) 4,245 4,604 Granite Creek, Nevada (iv) — 466 Total restricted cash and cash equivalents $ 44,488 $ 32,902 (i) The balance in the comparative period represents restricted cash relating to the reclamation of the Company's McCoy-Cove property. The surety bonding company was changed during the year ended December 31, 2023, and as a result no cash collateral was required under the bond. (ii) The Company has $40.2 million in restricted cash relating to the reclamation of the Company's Lone Tree property. (iii) The Company has $4.2 million in restricted cash relating to the reclamation of the Company's Ruby Hill property. (iv) The balance in the comparative period represents restricted cash relating to the reclamation of the Company's Granite Creek property. The surety bonding company was changed during the year ended December 31, 2023, and as a result no cash collateral was required under the bond.

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about property, plant and equipment [abstract]
Schedule of Detailed Information About Property, Plant And Equipment	Depreciation or depletion is computed using the following rates: Item Methods Rates Mine properties Units of production Estimated proven and probable mineral reserves Equipment, leasehold improvements Straight line Lesser of lease term and estimated useful life Buildings Straight line 20 years Furniture, office equipment and software Straight line 2 – 5 years Plant and equipment Straight line, units of production 4 – 10 years, estimated proven and probable mineral reserves Mining equipment Straight line 1 – 10 years based on life of mine Deferred stripping costs Units of production Estimated proven and probable mineral reserves accessible due to stripping activity Cost Mine properties (i) Development properties (ii) Exploration, evaluation and pre-development properties (iii) Buildings, plant and equipment Total Balance as at January 1, 2022 $ 2,160 $ 76,385 $ 223,220 $ 206,241 $ 508,006 Additions — 32,422 241 23,450 56,113 Disposals — — — (24) (24) IFRS 16 Right of Use assets — — — 280 280 Change in estimate of provision for environmental rehabilitation — (994) (22,608) — (23,602) Transfers — 899 7,182 (8,081) — Balance as at December 31, 2022 2,160 108,712 208,035 221,866 540,773 Additions — 15,366 83,707 18,778 117,851 Disposals — — — (1,749) (1,749) IFRS 16 Right of Use assets — — — 252 252 Transfers — (4,663) — 4,663 — Change in estimate of provision for environmental rehabilitation — 121 (2,508) — (2,387) Adjustments — — — (134) (134) Balance as at December 31, 2023 $ 2,160 $ 119,536 $ 289,234 $ 243,676 $ 654,606 Accumulated depreciation and impairment Balance as at January 1, 2022 $ 2,160 $ — $ — $ 3,197 $ 5,357 Depletion, depreciation and amortization — — — 6,177 6,177 Disposals — — — (22) (22) Balance as at December 31, 2022 2,160 — — 9,352 11,512 Depletion, depreciation and amortization — — — 5,023 5,023 Disposals — — — (450) (450) Adjustments — — — (106) (106) Balance as at December 31, 2023 $ 2,160 $ — $ — $ 13,819 $ 15,979 Carrying amounts Balance, December 31, 2022 $ — $ 108,712 $ 208,035 $ 212,514 $ 529,261 Balance as at December 31, 2023 $ — $ 119,536 $ 289,234 $ 229,857 $ 638,627 (i) Mine properties include the Ruby Hill Archimedes open pit, fully depleted in 2021. (ii) Development properties include Granite Creek. Exploration, evaluation and pre-development properties: Property January 1, 2023 Additions Change in estimate of environmental provision Transfers December 31, 2023 McCoy-Cove, Nevada $ 61,203 $ 5,489 $ (535) $ — $ 66,157 Ruby Hill, Nevada 92,889 — (813) — 92,076 Lone Tree, Nevada 52,533 — (1,123) — 51,410 Argenta, Nevada 1,410 — (37) — 1,373 FAD, Nevada — 78,218 — — 78,218 Total $ 208,035 $ 83,707 $ (2,508) $ — $ 289,234 Property January 1, 2022 Additions Change in estimate of environmental provision Transfers December 31, 2022 McCoy-Cove, Nevada $ 54,105 $ — $ (84) $ 7,182 $ 61,203 Ruby Hill, Nevada 103,594 — (10,705) — 92,889 Lone Tree, Nevada 65,521 — (12,988) — 52,533 Argenta, Nevada — 241 1,169 — 1,410 Total $ 223,220 $ 241 $ (22,608) $ 7,182 $ 208,035 Depreciation, depletion and amortization on property, plant and equipment during the year ended December 31, 2023 and 2022 include amounts allocated to: Year ended 2023 2022 Depreciation, depletion and amortization $ 7,202 $ 4,528 Recorded in exploration, evaluation and pre-development 112 484 Recorded in general and administrative 444 346 Recorded in property maintenance 1,088 816 Depreciation, depletion and amortization capitalized into properties 102 215 8,948 6,389 Inventory movement (3,925) (212) Total depletion, depreciation and amortization $ 5,023 $ 6,177 The Company’s leased assets include buildings and vehicles. Right-of-use assets include: Buildings Equipment Total As at December 31, 2021 $ 582 $ — $ 582 Additions — 280 280 Depreciation (212) (128) (340) As at December 31, 2022 370 152 522 Additions 143 100 243 Termination — (90) (90) Depreciation (238) (108) (346) As at December 31, 2023 $ 275 $ 54 $ 329
Schedule Of Mineral Property Royalties	Summary of mineral property Net Smelter Return ("NSR") royalties (as at December 31, 2023) Active properties NSR (i) McCoy-Cove, Nevada 1.5% NSR Maverix Metals Inc. 2% NSR Maverix Metals Inc. 2% NSR Chiara Tabor, Nevada 3% NSR Renaissance Granite Creek 1-4% NSR Royal Gold/D.M. Duncan 3-5% NSR Royal Gold 2% NSR Franco-Nevada/S&G Pinson Portions of 7.5% NSR Stoffer/Noceto/Phillips 2% NSR Stoffer/Noceto/Phillips/Murphy/Christison 10% NPI Gold Royalty 2% Franco-Nevada 0.5% NSR Nevada Gold Mines Lone Tree 5% NSR VEK/Andrus 1% NSR Franco-Nevada Mining Corporation, Inc. 4% NSR Bronco Creek, Inc. 5% NSR Marigold Mining Company 5% NSR Richardson 5% NSR BTF Properties 0.5%-1.5% NSR Newmont USA Limited Ruby Hill 2.5% NSR Placer Dome U.S. Inc. 3% Biale Trust 4% NSR Asarco Incorporated 3% RG Royalties Golden Hill 4% NSR Asarco Incorporated 3% NSR RG Royalties 0.5-1.5% NSR Royalty Consolidation Company 3% Biale Trust 4.0% Herrera 2.0% MacKenzie 4.0% Fulton/Wycosky (i) These royalties are tied to specific mining claims and may not apply to the entire property.
Schedule of Detailed Information About Asset Acquisition	Components of consideration paid: Share consideration (i) $ 66,037 Common shares issued in relation to contingent value rights (ii) 12,750 Replacement warrants (iii) 2,675 Replacement options (iii) 2,515 Previously held interest (iv) 4,116 Transaction costs 323 $ 88,416 (i) The fair value of 25,488,584 common shares issued to Paycore shareholders was determined using the Company's share price of C$3.46 per share on the acquisition date. (ii) Following completion of the arrangement and in accordance with the Amendment to the Contingent Value Rights Agreement dated February 26, 2023 among the Company, Paycore, Golden Hill Mining LLC, and Waterton Nevada Splitter, LLC and Waterton Nevada Splitter II, LLC (collectively, "Waterton"), all of the obligations outstanding under the outstanding contingent value rights agreement between Paycore, Golden Hill Mining LLC and Waterton dated April 20, 2022, with an aggregate value of $12.75 million were satisfied through the issuance of 5,016,991 i-80 Gold common shares to Waterton on May 9, 2023. The fair value of 5,016,991 common shares issued to Waterton was determined using the Company's share price of C$3.46 per share on the acquisition date. (iii) The fair value of 1,727,200 replacement options and 3,755,257 replacement warrants was determined using the Black-Scholes pricing model with the following assumptions: Stock Options Warrants Risk free rate 3.55% to 3.91% 3.66% to 4.52% Expected life 18 to 29 months 12 to 24 months Expected volatility 52% to 56% 52% to 58% Share price C$3.46 C$3.46 (iv) On May 5, 2023 and immediately prior to the Paycore acquisition the Company owned 2,336,200 Paycore common shares. The Company's investment in Paycore was remeasured at fair value on the acquisition date using the Exchange Ratio and the Company's share price of C$3.46 per share on the acquisition date with the change in fair value recognized t hrough the statement of loss as further described in Note 18 of these Financial Statements. The table below presents the fair values of the assets acquired and liabilities assumed at the date of acquisition: Net assets (liabilities) acquired: Cash $ 10,027 Other assets 206 Mineral properties 78,218 Accounts payable (35) Fair value of net assets acquired $ 88,416 Net assets (liabilities) acquired: Property, plant and equipment $ 3,122 Other assets 1,767 Provision for environmental rehabilitation (1,169) Fair value of net assets acquired $ 3,720

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	12 Months Ended
	Dec. 31, 2023
Borrowings, by type [abstract]
Schedule of Detailed Information About Borrowings	Orion Convertible Loan Sprott Convertible Loan Convertible Debentures A&R Gold Prepay Agreement Silver Purchase Agreement Other Total As at January 1, 2022 $ 32,956 $ 7,685 $ — $ — $ — $ 795 $ 41,436 Fair value on inception — — — 41,737 29,889 — 71,626 Additions and adjustments — — — — — 334 334 Amortization of finance costs 308 — — 45 — — 353 Principal repayment — — — (14,498) (134) (348) (14,980) Finance charge 6,477 1,218 — 6,720 2,692 — 17,107 As at December 31, 2022 39,741 8,903 — 34,004 32,447 781 115,876 Fair value on inception — — 42,459 18,108 — — 60,567 Additions and adjustments — 315 — — — 239 554 Amortization of finance costs 438 — 378 72 20 — 908 Principal repayment — (2,038) — (17,043) (6,231) (449) (25,761) Finance charge 7,790 1,291 6,930 8,691 3,427 1 28,130 As at December 31, 2023 $ 47,969 $ 8,471 $ 49,767 $ 43,832 $ 29,663 $ 572 $ 180,274 Less current portion — — — 17,299 14,351 289 31,939 Long-term portion $ 47,969 $ 8,471 $ 49,767 $ 26,533 $ 15,312 $ 283 $ 148,335 Convertible Debentures On February 22, 2023, the Company closed a private placement offering of $65 million principal amount of secured Convertible Debentures of the Company. The Convertible Debentures bear interest at a fixed rate of 8.00% per annum and will mature on February 22, 2027. Outstanding amounts under the Convertible Debentures are convertible into common shares of the Company at any time prior to maturity at the option of the applicable respective lender (a) in the case of the outstanding principal, $3.38 per common share, and (b) in the case of accrued and unpaid interest, subject to TSX approval, at the market price of the common shares at time of the conversion of such interest. The Convertible Debentures contain a conversion feature, a change of control feature, and a forced conversion feature that are considered embedded derivatives by the Company. The change of control feature is classified as a derivative financial liability and the forced conversion feature is classified as a derivative financial asset, both measured at FVTPL whereas the conversion feature is classified as an equity instrument measured at fair value on inception and is not subsequently remeasured. During the period ended December 31, 2023, none of the features were exercised. The change of control liability was recorded at $1.4 million at inception and nil at December 31, 2023 and the forced conversion asset was recorded at $0.9 million at inception and $0.4 million at December 31, 2023. For the year ended December 31, 2023, the Company recorded a fair value gain of $0.9 million ( nil for the year ended December 31, 2022) related to the valuation of the embedded derivatives through the statement of loss as further described in Note 18 of these Financial Statements. The equity instrument was recorded at $18.9 million at inception and at December 31, 2023 . Interest expense is calculated by applying the effective interest rate of 19% to the host equity component. Interest expense is included in finance expense. Under the Convertible Debentures if a change of control occurs prior to the maturity date, the Company shall make an offer to prepay the Convertible Debentures in cash, in an amount equal to 104% of the then outstanding principal amount, plus accrued and unpaid interest on such Convertible Debentures up to, and including, the change of control purchase date. The holder of the Convertible Debentures shall have the right, at any time, to convert all or any portion of the principal amount of the Convertible Debentures into common shares of the Company at the conversion price of $3.38 per common share. The holder shall also have the option to elect to convert all or any portion of the accrued and unpaid interest into common shares at a price equal to the greater of (i) the conversion price, (ii) the current market price of the common shares on NYSE at the time of the conversion of such amounts owing, or (iii) 5-day VWAP of the common shares on the TSX. If after 120 days after the issue date and prior to the maturity date, the VWAP of the common shares of the Company as measured in U.S. dollars on the NYSE American equals or exceeds 150% of the conversion price for 20 consecutive trading days, the Company shall have right to convert all but not less than all of the principal amount of the Convertible Debentures, and subject to the approval of the TSX or any applicable stock exchange, all accrued and unpaid interest on the Convertible Debentures (however, that such conversion price of the accrued and unpaid interest must not be less than the VWAP of the common shares on the TSX during the five trading days immediately preceding the relevant date), into common shares at the conversion price. Gold Prepay Agreement On December 13, 2021, the Company entered into a gold prepay agreement with Orion (the "Gold Prepay Agreement"). In April 2022, the Gold Prepay Agreement was amended to adjust the quantity of the quarterly deliveries of gold, but not the aggregate amount of gold, to be delivered by the Company to Orion over the term of the Gold Prepay Agreement. Under the terms of the amended Gold Prepay Agreement, in exchange for $41.9 million, the Company is required to deliver to Orion 3,100 troy ounces of gold for the quarter ending June 30, 2022, and thereafter, 2,100 troy ounces of gold per calendar quarter until September 30, 2025, for aggregate deliveries of 30,400 troy ounces of gold. On September 20, 2023, the Company entered into an A&R Gold Prepay Agreement with Orion pursuant to which the Company received aggregate gross proceeds of $20.0 million structured as an additional accordion under the existing Gold Prepay Agreement. On determining that the modification to the Gold Prepay Agreement was non-substantial, management accounted for the modification as an adjustment to the existing liability and used the original effective interest rate of the Gold Prepay Agreement of 24.45% to determine the fair value of the 2023 Gold Prepay Accordion. The 2023 Gold Prepay Accordion liability was recorded at fair value at inception of $18.1 million. The Company recorded a loss of $1.8 million for the year ended December 31, 2023 through the statement of loss as further described in Note 18 of these Financial Statements. The A&R Gold Prepay Agreement is recognized as a financial liability at amortized cost and it contains an embedded derivative in relation to the embedded gold price within the agreement that is measured at FVTPL each reporting period, as further described in Note 7 (ii) , Note 12 (vi) and Note 24 (d) of these Financial Statements. Interest expense is calculated by applying the effective interest rate of 24.48% to the financial liability. Interest expense is included in finance expense. The 2023 Gold Prepay Accordion will be repaid through the delivery by the Company to Orion of 13,333 troy ounces of gold over a period of 12 quarters, being 1,110 troy ounces of gold per quarter over the delivery period with the first delivery being 1,123 troy ounces of gold. The first delivery will occur on March 31, 2024, and the last delivery will occur on December 31, 2026. As of December 31, 2023, the Company had delivered 15,700 troy ounces of gold towards the A&R Gold Prepay Agreement with Orion, leaving 28,033 troy ounces of gold remaining to be delivered under the agreement. Silver Purchase Agreement On December 13, 2021, in exchange for $30.0 million, the Company entered into a silver purchase and sale agreement with Orion (the "Silver Purchase Agreement"). Under the Silver Purchase Agreement, commencing April 30, 2022, the Company will deliver to Orion 100% of the silver production from the Granite Creek and Ruby Hill projects until the delivery of 1.2 million ounces of silver, after which the delivery will be reduced to 50% until the delivery of an aggregate of 2.5 million ounces of silver, after which the delivery will be reduced to 10% of the silver production solely from Ruby Hill Project. Orion will pay the Company an ongoing cash purchase price equal to 20% of the prevailing silver price. Until the delivery of an aggregate of 1.2 million ounces of silver, the Company is required to deliver the following minimum amounts of silver ("the Annual Minimum Delivery Amount") in each calendar year: (i) in 2022, 300,000 ounces, (ii) in 2023, 400,000 ounces, (iii) in 2024, 400,000 ounces, and (iv) in 2025, 100,000 ounces. In the event that in a calendar year the amount of silver delivered under the Silver Purchase Agreement is less than the Annual Minimum Delivery Amount, the Company shall make up such difference (the “Shortfall Amount”) by delivering on or before the fifteenth day of the month immediately following such calendar year (the "Delivery Deadline"). At the Company’s sole option, the obligation to make up the Shortfall Amount to Orion may be satisfied by the delivery of refined gold instead of refined silver, at a ratio of 1/75th ounce of refined gold for each ounce of refined silver. The Silver Purchase Agreement was funded April 2022. On January 13, 2023, the Company delivered 293,509 ounces of silver to Orion in satisfaction of the 2022 Annual Minimum Delivery Amount of 300,000 ounces (6,491 ounces of silver delivered to Orion in 2022). As of December 31, 2023, the Company had delivered 305,395 ounces of silver towards the Silver Purchase Agreement with Orion. The current portion of the liability is $14.4 million at December 31, 2023, which includes 394,605 ounces in relation to the 2023 Annual Minimum Delivery Amount and 400,000 ounces in relation to the 2024 Annual Minimum Delivery Amount. Subsequent to the year ended December 31, 2023, the 2023 Shortfall Amount Delivery Deadline was extended from January 15, 2024 to April 15, 2024, as further described in Note 26 of these Financial Statements. The Silver Purchase Agreement is recognized as a financial liability at amortized cost and it contains two embedded derivatives as further described in Note 7 (iii) and Note 24 (d) of these Financial Statements. Interest expense is calculated by applying the effective interest rate of 12.28% to the financial liability. Interest expense is included in finance expense. The obligations under the A&R Gold Prepay Agreement and Silver Purchase Agreement are senior secured obligations of the Company and its wholly-owned subsidiaries Ruby Hill Mining Company LLC, and Osgood Mining Company LLC, and secured against the Ruby Hill project in Eureka County, Nevada and the Granite Creek project in Humboldt County, Nevada.
Schedule of Maturity Analysis of Operating Lease Obligations	The schedule of undiscounted lease payment obligations is as follows: December 31, 2023 Less than one year $ 378 One to three years 67 More than three years 36 Total undiscounted lease liabilities $ 481

PROVISION FOR ENVIRONMENTAL R_2

PROVISION FOR ENVIRONMENTAL REHABILITATION (Tables)	12 Months Ended
	Dec. 31, 2023
Provision For Environmental Rehabilitation [Abstract]
Schedule Of Detailed Information About Reconciliation of Discounted Provision	A reconciliation of the discounted provision is provided below: Argenta McCoy-Cove Granite Creek Lone Tree Ruby Hill Total Balance as at January 1, 2023 $ 1,170 $ 6,812 $ 1,473 $ 48,898 $ 13,273 $ 71,626 Change in estimate capitalized (37) (535) 121 (1,123) (813) (2,387) Accretion expense 43 264 67 1,923 526 2,823 Reclamation expenditures — — — (540) — (540) Balance as at December 31, 2023 1,176 6,541 1,661 49,158 12,986 71,522 Less current portion — — — 543 — 543 Long-term portion $ 1,176 $ 6,541 $ 1,661 $ 48,615 $ 12,986 $ 70,979 Argenta McCoy-Cove Granite Creek Lone Tree Ruby Hill Total Balance as at January 1, 2022 $ — $ 6,684 $ 2,394 $ 60,592 $ 23,179 $ 92,849 Acquisitions 1,170 — — 77 — 1,247 Change in estimate capitalized — (84) (995) (13,066) (10,704) (24,849) Accretion expense — 212 74 1,917 798 3,001 Reclamation expenditures — — — (622) — (622) Balance as at December 31, 2022 1,170 6,812 1,473 48,898 13,273 71,626 Less current portion 398 — — 548 — 946 Long-term portion $ 772 $ 6,812 $ 1,473 $ 48,350 $ 13,273 $ 70,680

OTHER LIABILITIES (Tables)

OTHER LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2023
Other Liabilities1 [Abstract]
Schedule of Detailed Information About Other Liabilities	December 31, 2023 December 31, 2022 Warrant liability (i) $ 4,467 $ 15,945 Share-based payment liability (ii) 1,184 983 Orion - Conversion and change of controls rights (iii) 9,028 27,029 Sprott - Conversion and change of controls rights (iii) 1,459 5,299 Deferred consideration (iv) — 45,805 Offtake liability (v) 637 730 Gold Prepay Agreement embedded derivative (vi) 1,676 — Total other liabilities 18,451 95,791 Less current portion 1,186 46,181 Long-term portion $ 17,265 $ 49,610 Warrant liability Waterton warrants In connection with the acquisition of Osgood the Company issued to Waterton 12.1 million common share warrants which are exercisable into one fully paid and non-assessable common share of the Company at an exercise price of C$3.64 per share until April 14, 2024. The warrants included a four month hold period. The initial fair value of the warrants recognized on inception was $6.1 million and at December 31, 2023 $0.1 million ($10.1 million at December 31, 2022). During the first quarter of 2023, Waterton exercised 0.4 million warrants to purchase 0.4 million common shares of the Company. Orion warrants In connection with the Orion financing package the Company completed during the fourth quarter of 2021, the Company issued 5.5 million common share warrants exercisable at C$3.275 per share with an exercise period of 36 months or until December 13, 2024. On September 20, 2023, in connection with the A&R Gold Prepay Agreement the Company extended the expiry date by an additional twelve months to December 13, 2025. The initial fair value of the warrants recognized on inception was $3.5 million and at December 31, 2023 $2.0 million ($5.9 million at December 31, 2022) In connection with the A&R Gold Prepay Agreement entered into during the third quarter of 2023, the Company issued 3.8 million common share warrants exercisable at C$3.17 per share with an exercise period of 36 months or until September 20, 2026. The warrants include a four month hold period. The initial fair value of the warrants recognized on inception was $1.9 million and at December 31, 2023, $1.8 million. Subsequent to the year ended December 31, 2023, the Company issued 0.5 million common share warrants at an exercise price of C$2.72 per common share in connection with the Silver Purchase Agreement amendment as further described in Note 26 of these Financial Statements. Paycore replacement warrants In connection with the Paycore acquisition discussed in Note 5 of these Financial Statements, the Company issued a total of 3.8 million common share warrants for Paycore warrants outstanding on the date of acquisition. The replacement warrants are comprised of 0.2 million common share warrants at an exercise price of C$3.09 per common share until April 20, 2024, 0.3 million common share warrants at an exercise price of C$2.40 per common share until February 9, 2025, and 3.3 million common share warrants at an exercise price of C$4.02 per common share until May 2, 2025. The initial fair value of the warrants recognized on inception was $2.7 million and at December 31, 2023 $0.6 million. The warrants are considered derivatives because their exercise price is in C$ whereas the Company’s functional currency is in USD. Accordingly, the Company recognizes the warrants as liabilities at fair value with changes in fair value recognized in profit or loss. For the year ended December 31, 2023, the Company recognized a gain on the revaluation of the liability of $16.7 million (loss of $1.0 million for the year ended December 31, 2022) through the statement of loss as further described in Note 18 of these Financial Statements. The fair value of the warrants were calculated using the Black-Scholes option pricing model, or a Monte Carlo simulation model, if applicable taking into the account the four months hold restriction, and with the following weighted average assumptions: December 31, 2023 December 31, 2022 Risk free rate 3.45% to 5.08% 3.96% to 4.25% Warrant expected life 3 to 33 months 15 to 24 months Expected volatility 42% to 54% 56% to 60% Expected dividend 0% 0% Share price C$2.33 C$3.78 As of December 31, 2023, there were 24,716,409 warrants outstanding (17,561,152 at December 31, 2022). Share-based payment liability The Company recognized a share-based payment liability of $1.2 million at December 31, 2023 ($1.0 million at December 31, 2022) under the Company's restricted and deferred share unit plans as discussed in Note 13 (e) of these Financial Statements. The current portion of the liability is $0.5 million at December 31, 2023 ($0.4 million at December 31, 2022) representing the cash settlement expected on the next vesting date. Conversion and change of controls right The financial liability represents the conversion and change of control rights included in the Orion and Sprott Convertible Loans as further described in Note 10 (i), Note 10 (ii) and Note 24 (d) of these Financial Statements. Deferred consideration In connection with the acquisition of Ruby Hill the Company recorded a financial liability associated with the milestone payments. The four milestone payments and corresponding early prepayment options are as follows: • $17 million in cash and/or shares of i-80 Gold payable on the earlier of 60 days following the issuance of a press release by the Company regarding the completion of a new or updated Mineral Resource estimate for Ruby Hill or 15 months after closing, based on the market price of i-80 Gold's shares at the time of such payment (the "First Milestone Payment"); • $15 million in cash and/or shares of i-80 payable on the earlier of 60 days following the issuance of a press release by the Company regarding the completion of a Feasibility Study for Ruby Hill or 24 months after closing, based on the market price of i-80 Gold's shares at the time of such payment (the "Second Milestone Payment"). An early prepayment option to reduce the payment by $5 million to $10 million is available if the payment is made less than 15 months after closing and if the payment in shares of the Company does not exceed up to $7.5 million of the total amount, at the Company's discretion. • $15 million in cash and/or shares of i-80 Gold payable on the earlier of 30 months after closing and 90 days following the announcement by the Company of a construction decision related to a deposit on any portion of Ruby Hill that is not currently being mined, based on the market price of i-80 Gold's shares at the time of such payment (the "Third Milestone Payment"); and • $20 million in cash and/or shares of i-80 Gold payable on the earlier of 36 months after closing and 90 days following the announcement by the Company of achieving Commercial Production related to a deposit on any portion of Ruby Hill that is not currently being mined, priced based on the market price of i-80 Gold's shares at the time of such payment (the "Fourth Milestone Payment"). An early prepayment option to reduce the payment for the third and fourth milestone payments to $20 million is available if the payments are done prior to 24 months after closing, if the payment in shares of the Company did not exceed up to $10 million of the total amount, at the Company's discretion, and if shares held by Waterton do not exceed 9.99% of the outstanding shares of the Company. The Company recognized the liability at fair value with changes in fair value recognized in profit or loss. The initial fair value of the liability recognized on inception was $41.9 million and nil at December 31, 2023 ($45.8 million at December 31, 2022). For the year ended December 31, 2023, the Company recognized a loss on the revaluation of the liability of $1.2 million (loss of $3.3 million for the year ended December 31, 2022) t hrough the statement of loss as further described in Note 18 of these Financial Statements. During the first quarter of 2023, the Company exercised the early prepayment option and paid to Waterton total consideration of $27.0 million in satisfaction of the First and Second Milestone Payment. Consideration paid to Waterton consisted of $11.0 million in cash and 5,515,313 common shares of the Company, as further described in Note 13 (b) of these Financial Statements. During the fourth quarter of 2023, the Company exercised the early prepayment option and paid to Waterton total consideration of $20.0 million in satisfaction of the Third and Fourth Milestone Payment. Consideration paid to Waterton consisted of $10.0 million in cash and 6,613,382 common shares of the Company valued at $10.0 million. Offtake liability The financial liability represents the gold look back component of the offtake agreement. The Company originally entered into an offtake agreement with Orion in April 2021 (the “Offtake Agreement”) to sell (i) an aggregate of 29,750 ounces of refined gold for 2021, and (ii) up to an aggregate of 31,500 ounces of refined gold annually (the "Annual Gold Quantity") from the Company's Eligible Projects until March 1, 2027. The Offtake Agreement was amended and restated (the “A&R Offtake Agreement”) in December 2021. The main amendments reflected in the A&R Offtake Agreement include the increase in the term of the agreement to December 31, 2028, the inclusion of the Granite Creek and Ruby Hill projects, and the increase of the annual gold quantity to up to an aggregate of 37,500 ounces in respect of the 2022 and 2023 calendar years and up to an aggregate of 40,000 ounces in any calendar year after 2023. The final purchase price to be paid by Orion will be, at Orion’s option, a market referenced gold price in US dollars per ounce during a defined pricing period before and after the date of each sale. In the event that the Company does not produce the Annual Gold Quantity in any given year, the obligation is limited to those ounces actually produced. During 2022, Orion assigned all of its rights, title and interest under the A&R Offtake Agreement to TRR Offtakes LLC ("Trident"). (vi) Gold Prepay Agreement embedded derivative The liability balance represents the embedded derivative in relation to the fixed gold price included in the Gold Prepay Agreement as further described in Note 7 (ii), Note 10 (iv) and Note 24 (d) of these Financial Statements.
Schedule of Detailed Information About Validation of Fair Value of The Warrants	The fair value of the warrants were calculated using the Black-Scholes option pricing model, or a Monte Carlo simulation model, if applicable taking into the account the four months hold restriction, and with the following weighted average assumptions: December 31, 2023 December 31, 2022 Risk free rate 3.45% to 5.08% 3.96% to 4.25% Warrant expected life 3 to 33 months 15 to 24 months Expected volatility 42% to 54% 56% to 60% Expected dividend 0% 0% Share price C$2.33 C$3.78 The following tables present the changes in level 3 items for the periods ended December 31, 2023 and December 31, 2022: Convertible Loans Convertible Debentures Orion conversion and change of control rights Sprott conversion and change of control rights Change of control option Forced conversion option Balance as at January 1, 2022 $ (18,534) $ (3,895) $ — $ — Fair value adjustments (8,495) (1,404) — — Balance as at December 31, 2022 $ (27,029) $ (5,299) $ — $ — Initial recognition — — (1,409) 875 Fair value adjustments 18,001 3,840 1,409 (509) Balance as at December 31, 2023 $ (9,028) $ (1,459) $ — $ 366 Silver Purchase Agreement - silver price derivative Gold Prepay Agreement - gold price derivative Deferred consideration A&R Offtake gold lookback option Balance as at January 1, 2022 $ — $ — $ (42,543) $ (730) Fair value adjustments 1,898 2,916 (3,262) — Balance as at December 31, 2022 $ 1,898 $ 2,916 $ (45,805) $ (730) Principal repayment — — 47,000 — Fair value adjustments — (4,592) (1,195) 93 Balance as at December 31, 2023 $ 1,898 $ (1,676) $ — $ (637)

SHARE CAPITAL (Tables)

SHARE CAPITAL (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of terms and conditions of share-based payment arrangement [abstract]
Schedule of Stock Options Outstanding and Weighted Average Price	The continuity of stock options issued and outstanding are as follows: Options outstanding # Weighted average price C$ Outstanding at December 31, 2021 6,689,000 2.21 Granted 2,673,179 2.65 Exercised (1,047,200) 2.45 Expired (320,106) 2.71 Forfeited (116,127) 2.62 Outstanding at December 31, 2022 7,878,746 2.30 Issued in Paycore Acquisition 1,727,200 1.89 Granted 2,088,687 3.20 Exercised (526,798) 2.59 Expired (16,000) 2.91 Forfeited (92,590) 2.69 Outstanding at December 31, 2023 11,059,245 2.39
Schedule of Options Outstanding and Exercisable	At December 31, 2023, the following options were outstanding, and outstanding and exercisable: Outstanding Outstanding and Exercisable Exercise price Options Weighted average exercise price C$ Weighted average remaining life in years Options Weighted average exercise price C$ Weighted average remaining life in years $0.59 - $1.55 2,494,000 $1.25 0.90 2,494,000 $1.25 0.90 $1.56 - $2.64 3,710,278 $2.36 3.29 2,992,897 $2.30 3.33 $2.65 - $3.17 2,450,300 $2.72 2.52 2,450,300 $2.72 2.52 $3.18 - $3.67 2,404,667 $3.25 3.84 1,144,206 $3.30 3.58 11,059,245 $2.39 2.70 9,081,403 $2.25 2.48
Schedule of Number and Weighted Average Remaining Contractual Life of Outstanding Share Options	At December 31, 2023, the following options were outstanding, and outstanding and exercisable: Outstanding Outstanding and Exercisable Exercise price Options Weighted average exercise price C$ Weighted average remaining life in years Options Weighted average exercise price C$ Weighted average remaining life in years $0.59 - $1.55 2,494,000 $1.25 0.90 2,494,000 $1.25 0.90 $1.56 - $2.64 3,710,278 $2.36 3.29 2,992,897 $2.30 3.33 $2.65 - $3.17 2,450,300 $2.72 2.52 2,450,300 $2.72 2.52 $3.18 - $3.67 2,404,667 $3.25 3.84 1,144,206 $3.30 3.58 11,059,245 $2.39 2.70 9,081,403 $2.25 2.48
Schedule of Assumptions	For purposes of the options granted, the fair value of each option was estimated on the date of grant using the Black-Scholes option pricing model, with the following assumptions: December 31, December 31, Risk-free interest rate 3.47% to 4.03% 1.55% to 4.20% Annualized volatility based on historic volatility 52% to 60% 51% to 62% Expected dividend Nil Nil Forfeiture rate 0.0% to 4.4% 0.0% to 5.7% Expected option life 2.4 to 3.5 years 3.0 years
Schedule of Continuity of RSUs and DSUs	The following table summarizes the continuity of the RSUs and DSUs for the period ended December 31, 2023: RSUs outstanding # DSUs outstanding # Outstanding at December 31, 2021 — — Granted 772,170 175,091 Settled (236,301) — Forfeited (70,227) — Outstanding at December 31, 2022 465,642 175,091 Granted 731,543 167,374 Settled (464,159) — Forfeited (31,271) — Outstanding at December 31, 2023 701,755 342,465
Schedule of Share-based Payments	Year ended 2023 2022 Stock option valuation $ 2,107 $ 1,932 RSUs and DSUs 1,015 1,348 Total $ 3,122 $ 3,280

BASIC AND DILUTED LOSS PER SH_2

BASIC AND DILUTED LOSS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2023
Earnings per share [abstract]
Schedule of Basic and Diluted Income (Loss) per Share	Net loss and basic weighted average shares outstanding are reconciled to diluted loss and diluted weighted average shares outstanding, respectively, as follows: Year ended 2023 2022 Net loss for the period $ (65,196) $ (79,197) Basic and diluted weighted average shares outstanding 274,057,213 240,100,023 Basic and diluted loss per share $ (0.24) $ (0.33)

SUPPLEMENTAL CASH FLOW INFORM_2

SUPPLEMENTAL CASH FLOW INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2023
Supplemental Cash Flow Information1 [Abstract]
Schedule of Increase and (Decrease) In Non-Cash Working Capital Balances	(i) The following table summarizes the increase (decrease) in non-cash working capital balances: Year ended 2023 2022 Receivables $ (3,604) $ 1,223 Prepaids and deposits 750 (799) Inventory 1,383 9,220 Accounts payable and accrued liabilities 9,916 (2,484) Increase in working capital $ 8,445 $ 7,160
Schedule Of Non-Cash In Other Income (Expense)	(ii) The following table summarizes non-cash items included in other income (expense): Year ended 2023 2022 Gain (loss) on warrants $ 16,686 $ (1,040) Gain (loss) on Convertible Loans derivative 21,833 (9,899) Gain on Convertible Debenture derivative 900 — Loss on deferred consideration (1,194) (3,262) Gain (loss) on investments 997 (295) Gain on sales from Gold Prepay Agreement 569 1,596 Gain (loss) on Gold Prepay derivative (4,592) 2,916 Gain on Silver Purchase derivative — 1,898 Loss on Gold Prepay Agreement modification (1,831) — Other (477) 20 Total non-cash items included in other income (expense) $ 32,891 $ (8,066)

EXPLORATION, EVALUATION AND P_2

EXPLORATION, EVALUATION AND PRE-DEVELOPMENT (Tables)	12 Months Ended
	Dec. 31, 2023
Exploration [Abstract]
Schedule of Exploration, Evaluation and Pre-development Expenditures	The following table summarizes the Company's exploration, evaluation and pre-development expenditures by property: Year ended 2023 2022 McCoy-Cove, Nevada $ 14,069 $ 4,196 Granite Creek, Nevada 3,715 13,578 Ruby Hill, Nevada 17,063 19,552 Buffalo Mountain, Nevada 332 1,483 FAD, Nevada 3,675 — Other 59 — Total exploration, evaluation and pre-development $ 38,913 $ 38,809 (ii) The following table summarizes the Company's exploration, evaluation and pre-development expenditures by activity: Year ended 2023 2022 Drilling $ 24,203 $ 26,117 Assays 1,073 3,998 Salaries and benefits 1,515 2,106 Field support 3,601 2,861 Operating supplies 1,200 1,313 Studies and permits 3,691 768 Consulting and professional fees 3,128 760 Claim filing and maintenance fees 390 411 Depreciation & amortization 112 475 Total exploration, evaluation and pre-development $ 38,913 $ 38,809

GENERAL AND ADMINISTRATIVE (Tab

GENERAL AND ADMINISTRATIVE (Tables)	12 Months Ended
	Dec. 31, 2023
Analysis of income and expense [abstract]
Schedule of General and Administrative Expenses	Year ended 2023 2022 Corporate administration $ 5,730 $ 6,225 Salaries and benefits 9,522 7,537 Professional fees 3,260 3,328 Total general and administrative $ 18,512 $ 17,090

OTHER INCOME _ (EXPENSE) (Table

OTHER INCOME / (EXPENSE) (Tables)	12 Months Ended
	Dec. 31, 2023
Analysis of income and expense [abstract]
Schedule of Other Income (Expense)	Year ended 2023 2022 Gain (loss) on warrants $ 16,686 $ (1,040) Gain (loss) on Convertible Loans derivative 21,833 (9,899) Gain on Convertible Debenture derivative 900 — Loss on deferred consideration (1,194) (3,262) Loss on foreign exchange (27) (404) Gain (loss) on investments 997 (295) Gain on sales from Gold Prepay Agreement 569 1,596 Gain (loss) Gold Prepay derivative (4,592) 2,916 Gain on Silver Purchase derivative — 1,898 Loss on Gold Prepay Agreement modification (1,831) — Other 1,581 (3,193) Total other income (expense) $ 34,922 $ (11,683)

FINANCE EXPENSE (Tables)

FINANCE EXPENSE (Tables)	12 Months Ended
	Dec. 31, 2023
Analysis of income and expense [abstract]
Schedule of Detailed Information About Net Finance Costs	Year ended 2023 2022 Interest accretion on Convertible Loans $ 9,081 $ 7,695 Interest accretion on Gold Prepay Agreement 8,691 6,720 Interest accretion on Silver Purchase Agreement 3,427 2,692 Interest accretion on Convertible Debentures 6,930 — Amortization of finance costs 908 353 Environmental rehabilitation accretion 2,823 3,001 Interest paid 46 27 Total finance expense $ 31,906 $ 20,488

SEGMENTED INFORMATION (Tables)

SEGMENTED INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of operating segments [abstract]
Schedule of Operating Segments	The Company's operating segments are reported by operating mine properties and exploration and development projects. The results from operations for these reportable segments are summarized in the following tables: Year ended December 31, 2023 Nevada Production 1 Exploration and Development 2 Corporate and other Total Revenue $ 54,910 $ — $ — $ 54,910 Cost of sales (52,852) — — (52,852) Depletion, depreciation and amortization (7,202) — — (7,202) Exploration, evaluation and pre-development (21,119) (17,794) — (38,913) Overhead costs (9,358) (447) (22,142) (31,947) Other income (expense) (780) 36 35,666 34,922 Finance expense (2,542) (264) (29,100) (31,906) Loss before income taxes (38,943) (18,469) (15,576) (72,988) Current tax expense (228) — — (228) Deferred tax recovery — — 8,020 8,020 Loss for the year $ (39,171) $ (18,469) $ (7,556) $ (65,196) Year ended December 31, 2022 Nevada Production 1 Exploration and Development 2 Corporate and other Total Revenue $ 36,958 $ — $ — $ 36,958 Cost of sales (28,861) — — (28,861) Depletion, depreciation and amortization (4,528) — — (4,528) Exploration, evaluation and pre-development (34,616) (4,224) 31 (38,809) Overhead costs (2,910) (297) (20,412) (23,619) Other income (expense) (6,641) 41 (5,083) (11,683) Finance expense (2,797) (212) (17,479) (20,488) Loss before income taxes (43,395) (4,692) (42,943) (91,030) Deferred tax recovery — — 11,833 11,833 Loss for the year $ (43,395) $ (4,692) $ (31,110) $ (79,197) As at December 31, 2023 Nevada Production 1 Exploration and Development 2 Corporate and other Total Capital expenditures $ 33,849 $ 83,916 $ 338 $ 118,103 Property, plant and equipment 485,609 149,638 3,380 638,627 Total assets 557,477 150,455 15,761 723,693 Total liabilities $ 111,171 $ 8,838 $ 177,420 $ 297,429 As at December 31, 2022 Nevada Production 1 Exploration and Development 2 Corporate and other Total Capital expenditures $ 46,539 $ 9,334 $ 522 $ 56,395 Property, plant and equipment 458,765 66,331 4,165 529,261 Total assets 511,298 69,584 61,077 641,959 Total liabilities $ 148,655 $ 8,301 $ 151,591 $ 308,547
Schedule of Major Customers	The following table represents sales to individual customers representing 100% of the Company's gold and silver revenue: Year ended 2023 2022 Customer 1 $ 15,313 $ 22,280 Customer 2 13,840 14,678 Customer 3 12,849 — Customer 4 10,973 — Customer 5 1,694 — Customer 6 241 — Total revenue from major customers $ 54,910 $ 36,958

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2023
Major components of tax expense (income) [abstract]
Schedule of Detailed Information About Components Of Tax Expense (Recovery)	The major components of income tax expense (recovery) are as follows: Year ended 2023 2022 Current income tax expense $ 228 $ — Deferred income tax recovery (8,020) (11,833) Income tax recovery $ (7,792) $ (11,833) (b) The income tax expense for the year can be reconciled to the accounting profit as follows: December 31, December 31, 2023 2022 Income / (loss) before income tax $ (72,988) $ (91,030) Canadian federal and provincial income tax rates (19,707) 27% (24,578) 34% Increase / (decrease) due to: Permanent differences (3,888) 5 873 (1) Impact of foreign tax rates 4,106 (6) 3,494 (5) Other foreign exchange differences (1,033) 1 (3,028) 4 Prior year's adjustments relating to tax provision and tax returns 438 (1) 727 (1) Change in unrecognized deferred taxes 13,632 (19) 10,829 (15) Other (1,340) 2 (150) — Income tax recovery $ (7,792) 11% $ (11,833) 16%
Schedule of Deferred Tax Assets / (Liabilities)	Movement in net deferred tax liabilities: December 31, 2023 December 31, 2022 Balance at the beginning of year $ (8,020) $ (19,853) Recognized in loss 8,020 11,833 Balance at the end of the year $ — $ (8,020) The following is the analysis of deferred tax assets / (liabilities) presented in the consolidated statements of financial position: December 31, 2023 December 31, 2022 Deferred income tax assets Unused losses $ 48,086 $ 26,054 Financing costs 663 422 Asset retirement obligation 11,952 17,269 Other 5,883 29,109 Gross deferred tax asset $ 66,584 $ 72,854 Offset by deferred income tax liabilities (66,584) (58,395) Net deferred tax asset $ — $ 14,459 Deferred income tax liabilities Inventory (217) (983) Capital assets (46,087) (43,559) Other (20,280) (21,873) Gross deferred tax liabilities $ (66,584) $ (66,415) Deferred income tax liabilities used to offset deferred tax asset 66,584 58,395 Net deferred income tax assets / (liabilities) $ — $ (8,020) The deductible temporary differences and unused tax losses in respect of which a deferred tax asset has not been recognized in the consolidated statements of financial position are as follows: Year ended December 31, 2023 Year ended December 31, 2022 Canada United States Canada United States Deferred tax assets not recognized Loss carry forwards (i) $ 57,054 $ — $ 25,953 $ — Other 21,841 30,399 20,710 — Total deferred tax assets not recognized $ 78,895 $ 30,399 $ 46,663 $ — Non capital loss carry‑forwards $ 57,054 $ — $ 25,953 $ — (i) Unused operating tax losses totaled $57.1 million at December 31, 2023. Canadian tax losses will expire between 2041 and 2043.

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure of transactions between related parties [abstract]
Schedule of Directors and Other Key Management Personnel	Compensation for key management personnel during the years ended December 31, 2023 and December 31, 2022 were as follows: Year ended 2023 2022 Salaries, directors' fees and other short-term benefits $ 3,368 $ 3,573 Share-based payments 638 2,342 Total key management personnel compensation $ 4,006 $ 5,915

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2023
Financial Instruments [Abstract]
Schedule of Contractual Maturities of Non-Derivative Liabilities	The following table summarizes the Company's contractual maturities and the timing of cash flows as at December 31, 2023. The amounts presented are based on the undiscounted contractual cash flows and may not agree with the carrying amounts on the Financial Statements. Within 1 year 1-2 years 2-3 years Thereafter Total Accounts payable and accrued liabilities $ 27,182 $ — $ — $ — $ 27,182 Convertible Loans — 58,200 — — 58,200 Convertible Debentures — — — 65,000 65,000 Gold Prepay Agreement 26,550 22,856 9,743 — 59,149 Silver Purchase Agreement 17,127 2,191 — — 19,318 Reclamation and closure obligations 530 512 1,036 94,376 96,454 Total $ 71,389 $ 83,759 $ 10,779 $ 159,376 $ 325,303
Schedule of Significant Unobservable Inputs Used in Fair Value Measurement of Assets	The following tables present the changes in level 3 items for the periods ended December 31, 2023 and December 31, 2022: Convertible Loans Convertible Debentures Orion conversion and change of control rights Sprott conversion and change of control rights Change of control option Forced conversion option Balance as at January 1, 2022 $ (18,534) $ (3,895) $ — $ — Fair value adjustments (8,495) (1,404) — — Balance as at December 31, 2022 $ (27,029) $ (5,299) $ — $ — Initial recognition — — (1,409) 875 Fair value adjustments 18,001 3,840 1,409 (509) Balance as at December 31, 2023 $ (9,028) $ (1,459) $ — $ 366 Silver Purchase Agreement - silver price derivative Gold Prepay Agreement - gold price derivative Deferred consideration A&R Offtake gold lookback option Balance as at January 1, 2022 $ — $ — $ (42,543) $ (730) Fair value adjustments 1,898 2,916 (3,262) — Balance as at December 31, 2022 $ 1,898 $ 2,916 $ (45,805) $ (730) Principal repayment — — 47,000 — Fair value adjustments — (4,592) (1,195) 93 Balance as at December 31, 2023 $ 1,898 $ (1,676) $ — $ (637)
Schedule of Significant Unobservable Inputs Used in Fair Value Measurement of Liabilities	The fair value of the warrants were calculated using the Black-Scholes option pricing model, or a Monte Carlo simulation model, if applicable taking into the account the four months hold restriction, and with the following weighted average assumptions: December 31, 2023 December 31, 2022 Risk free rate 3.45% to 5.08% 3.96% to 4.25% Warrant expected life 3 to 33 months 15 to 24 months Expected volatility 42% to 54% 56% to 60% Expected dividend 0% 0% Share price C$2.33 C$3.78 The following tables present the changes in level 3 items for the periods ended December 31, 2023 and December 31, 2022: Convertible Loans Convertible Debentures Orion conversion and change of control rights Sprott conversion and change of control rights Change of control option Forced conversion option Balance as at January 1, 2022 $ (18,534) $ (3,895) $ — $ — Fair value adjustments (8,495) (1,404) — — Balance as at December 31, 2022 $ (27,029) $ (5,299) $ — $ — Initial recognition — — (1,409) 875 Fair value adjustments 18,001 3,840 1,409 (509) Balance as at December 31, 2023 $ (9,028) $ (1,459) $ — $ 366 Silver Purchase Agreement - silver price derivative Gold Prepay Agreement - gold price derivative Deferred consideration A&R Offtake gold lookback option Balance as at January 1, 2022 $ — $ — $ (42,543) $ (730) Fair value adjustments 1,898 2,916 (3,262) — Balance as at December 31, 2022 $ 1,898 $ 2,916 $ (45,805) $ (730) Principal repayment — — 47,000 — Fair value adjustments — (4,592) (1,195) 93 Balance as at December 31, 2023 $ 1,898 $ (1,676) $ — $ (637)
Schedule of Sensitivity Analysis of Fair Value Measurement to Changes in Unobservable Inputs, Assets	The following table summarizes the quantitative information about the significant unobservable inputs used in level 3 fair value measurements: Balance as at December 31, 2023 Unobservable input Fair Value Change in Fair Value Assumption: -10% 10% Silver Purchase Agreement - silver price derivative Change in forecast silver price 1,898 2,575 (2,575) A&R Gold Prepay Agreement - gold price derivative Change in forecast gold price (1,676) 5,118 (5,118)

BASIS OF PREPARATION - Schedule

BASIS OF PREPARATION - Schedule Of Subsidiaries De-Consolidated From Control Ceases (Details)	12 Months Ended
	Dec. 31, 2023
Premier Gold Mines USA Inc.
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
Goldcorp Dee LLC
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
Ruby Hill Mining Company LLC
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
Osgood Mining Company LLC
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
Au-Reka Gold LLC
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
Golden Hill Mining LLC
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
Argenta LLC
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%

MATERIAL ACCOUNTING POLICIES (D

MATERIAL ACCOUNTING POLICIES (Details)	12 Months Ended
	Dec. 31, 2023
Buildings
Disclosure of detailed information about property, plant and equipment [line items]
Useful life	20 years
Furniture, office equipment and software | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
Useful life	5 years
Furniture, office equipment and software | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
Useful life	2 years
Plant and equipment | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
Useful life	10 years
Plant and equipment | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
Useful life	4 years
Mining equipment | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
Useful life	10 years
Mining equipment | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
Useful life	1 year

MATERIAL ACCOUNTING POLICIES -

MATERIAL ACCOUNTING POLICIES - Narrative (Details)	12 Months Ended
	Dec. 31, 2023
Distribution of Assets, Liabilities and Stockholders' Equity [Line Items]
Vesting period	5 years

AREAS OF SIGNIFICANT JUDGEMENT

AREAS OF SIGNIFICANT JUDGEMENT AND ESTIMATION UNCERTAINTY (Details)	Dec. 31, 2023 derivative
Notes and other explanatory information [abstract]
Number of embedded derivatives	2

RECENT EVENTS - Narrative (Deta

RECENT EVENTS - Narrative (Details) $ / shares in Units, $ / shares in Units, $ in Thousands, $ in Millions						1 Months Ended	3 Months Ended	12 Months Ended
	Sep. 20, 2023 USD ($) oz shares	Sep. 20, 2023 USD ($) $ / shares shares	Aug. 01, 2023 USD ($) shares	Aug. 01, 2023 CAD ($) $ / shares shares	Feb. 22, 2023 USD ($) $ / shares	Apr. 30, 2022 oz	Jun. 30, 2022 oz	Dec. 31, 2023 USD ($)	May 05, 2023	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Disclosure of detailed information about business combination [line items]
Shares issued (in shares) | shares			13,629,800	13,629,800
Shares issued in equity financing								$ (27,693)
Principal amount								180,274		$ 115,876	$ 41,436
Paycore Minerals Inc.
Disclosure of detailed information about business combination [line items]
Percentage owned									100%
Exchange ratio									0.68
Share capital
Disclosure of detailed information about business combination [line items]
Shares issued in equity financing			$ 27,700	$ 36.8				(27,693)
Private Placement | Share capital
Disclosure of detailed information about business combination [line items]
Shares issued (in shares) | shares			13,629,800	13,629,800
Shares issued price (in dollars per share) | $ / shares				$ 2.70
Proceeds from issue of ordinary shares				$ 36.8
Private Placement | Share capital | Key management personnel of entity or parent
Disclosure of detailed information about business combination [line items]
Related party transactions				0.5
Private Placement | Share capital | Related parties
Disclosure of detailed information about business combination [line items]
Related party transactions				$ 2.7
Gold Prepay Agreement
Disclosure of detailed information about business combination [line items]
Principal amount								$ 43,832		$ 34,004	$ 0
Convertible Debentures
Disclosure of detailed information about business combination [line items]
Principal amount					$ 65,000
Interest at fixed rate					8%
Borrowing term					4 years
Convertible price (in dollars per share) | $ / shares					$ 3.38
Convertible Debentures | Key management personnel of entity or parent
Disclosure of detailed information about business combination [line items]
Principal amount					$ 230
Convertible Debentures | Related parties
Disclosure of detailed information about business combination [line items]
Principal amount					$ 230
Gold Prepay Agreement | Gold | Gold Prepay Agreement
Disclosure of detailed information about business combination [line items]
Gross proceeds	$ 20,000
Number of ounces required to deliver, quarterly aggregate total | oz	13,333					30,400
Number of ounces delivered quarterly | oz	1,110
Number of ounces required to deliver | oz	1,123					2,100	3,100
Additional amount prepayment agreement	$ 50,000	$ 50,000
Shares called by warrants (in shares) | shares	3,800,000
Weighted average exercise price of other equity instruments issued in sharebased payment arrangement (In CAD per share) | $ / shares		$ 3.17
Number of warrants outstanding (in shares) | shares	5,500,000	5,500,000
Extension period of warrants	12 months
Interest at fixed rate	24.48%	24.48%

RECENT EVENTS - Schedule of Det

RECENT EVENTS - Schedule of Detailed Information About Asset Acquisition (Details) $ in Thousands					12 Months Ended
	Aug. 01, 2023 shares	May 09, 2023 $ / shares shares	May 05, 2023 USD ($) shares month	May 05, 2023 USD ($) shares $ / shares	Dec. 31, 2023 yr	Dec. 31, 2022 yr	May 05, 2023 $ / shares	Apr. 20, 2022 USD ($)
Disclosure of detailed information about business combination [line items]
Shares issued (in shares) | shares	13,629,800
Expected life | yr						3
Minimum
Disclosure of detailed information about business combination [line items]
Risk free rate					3.47%	1.55%
Expected life | yr					2.4
Expected volatility					52%	51%
Maximum
Disclosure of detailed information about business combination [line items]
Risk free rate					4.03%	4.20%
Expected life | yr					3.5
Expected volatility					60%	62%
Paycore Minerals Inc.
Disclosure of detailed information about business combination [line items]
Ownership shares immediately prior to acquisition | shares			2,336,200
Replacement Warrant
Disclosure of detailed information about business combination [line items]
Share price (in Canadian dollars per share) | $ / shares				$ 3.46
Replacement Warrant | Minimum
Disclosure of detailed information about business combination [line items]
Risk free rate			366%
Expected life | month			12
Expected volatility			5,200%
Replacement Warrant | Maximum
Disclosure of detailed information about business combination [line items]
Risk free rate			452%
Expected life | month			24
Expected volatility			5,800%
Replacement Options
Disclosure of detailed information about business combination [line items]
Share price (in Canadian dollars per share) | $ / shares				$ 3.46
Replacement Options | Minimum
Disclosure of detailed information about business combination [line items]
Risk free rate			355%
Expected life | month			18
Expected volatility			5,200%
Replacement Options | Maximum
Disclosure of detailed information about business combination [line items]
Risk free rate			391%
Expected life | month			29
Expected volatility			5,600%
Paycore Minerals Inc.
Disclosure of detailed information about business combination [line items]
Share consideration			$ 66,037
Previously held interest			4,116
Transaction costs			323
Total consideration			$ 88,416
Business acquisition, equity interest issued or issuable (in shares) | shares			25,488,584	25,488,584
Share price (in Canadian dollars per share) | $ / shares							$ 3.46
Cash			$ 10,027	$ 10,027
Other assets			206	206
Mineral properties			78,218	78,218
Accounts payable			(35)	(35)
Fair value of net assets acquired			88,416	$ 88,416
Paycore Minerals Inc. | Waterton
Disclosure of detailed information about business combination [line items]
Share price (in Canadian dollars per share) | $ / shares		$ 3.46
Shares issued (in shares) | shares		5,016,991
Issue of equity fair value (in shares) | shares		5,016,991
Paycore Minerals Inc. | Common shares
Disclosure of detailed information about business combination [line items]
Equity issued			12,750
Paycore Minerals Inc. | Replacement Warrant
Disclosure of detailed information about business combination [line items]
Equity issued			$ 2,675
Business acquisition, equity interest issued or issuable (in shares) | shares			3,755,257	3,755,257
Paycore Minerals Inc. | Replacement Options
Disclosure of detailed information about business combination [line items]
Equity issued			$ 2,515
Business acquisition, equity interest issued or issuable (in shares) | shares			1,727,200	1,727,200
Waterton | Share capital
Disclosure of detailed information about business combination [line items]
Aggregate value of obligations outstanding								$ 12,750

INVENTORY (Details)

INVENTORY (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Exploration and Evaluation [Line Items]
Ore in stockpiles and on leach pads	$ 7,614	$ 12,492
Work-in-process	778	3,059
Finished goods	896	984
Materials and supplies	2,099	0
Total inventory	11,387	16,535
Cost of inventories recognized as expense during period	52,900	28,900
Ruby Hill And Lone Tree
Exploration and Evaluation [Line Items]
Inventory write-down	9,900	6,400
Granite Creek
Exploration and Evaluation [Line Items]
Inventory write-down	$ 9,900	$ 6,400

OTHER ASSETS - Schedule of Othe

OTHER ASSETS - Schedule of Other Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Detailed Information about Other Assets [Line Items]
Forced conversion option	$ 366	$ 0
Other assets	1,703	1,768
Total other assets	3,967	8,767
Less current portion	3,202	6,280
Long-term portion	765	2,487
Gain (loss) on investments	997	(295)
Gains (losses) on derivatives	21,833	(9,899)
Gold Prepay Agreement
Detailed Information about Other Assets [Line Items]
Gains (losses) on derivatives	(4,592)	2,916
Gains on derivatives	569	1,596
Silver Purchase Agreement
Detailed Information about Other Assets [Line Items]
Gains on derivatives	0	1,898
Gold Prepay Agreement
Detailed Information about Other Assets [Line Items]
Embedded derivative	0	2,916
Silver Purchase Agreement
Detailed Information about Other Assets [Line Items]
Embedded derivative	1,898	1,898
Current derivative financial assets	1,500
Paycore Minerals Inc.
Detailed Information about Other Assets [Line Items]
Investment in Paycore	$ 0	$ 2,185

RESTRICTED CASH AND CASH EQUI_3

RESTRICTED CASH AND CASH EQUIVALENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Restrictions on Cash and Cash Equivalents [Line Items]
Restricted cash and cash equivalents	$ 44,488	$ 32,902
McCoy-Cove, Nevada
Restrictions on Cash and Cash Equivalents [Line Items]
Restricted cash and cash equivalents	0	1,955
Lone Tree, Nevada
Restrictions on Cash and Cash Equivalents [Line Items]
Restricted cash and cash equivalents	40,243	25,877
Ruby Hill, Nevada
Restrictions on Cash and Cash Equivalents [Line Items]
Restricted cash and cash equivalents	4,245	4,604
Granite Creek, Nevada
Restrictions on Cash and Cash Equivalents [Line Items]
Restricted cash and cash equivalents	$ 0	$ 466

PROPERTY, PLANT AND EQUIPMENT -

PROPERTY, PLANT AND EQUIPMENT - Disclosure Of Detailed Information About Property, Plant And Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	$ 529,261
Depletion, depreciation and amortization	5,023	$ 6,177
Ending balance	638,627	529,261
Cost
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	540,773	508,006
Additions	117,851	56,113
Disposals	1,749	24
IFRS 16 Right of Use assets	252	280
Change in estimate of provision for environmental rehabilitation	(2,387)	(23,602)
Transfers	0	0
Adjustments	(134)
Ending balance	654,606	540,773
Accumulated depreciation and impairment
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	(11,512)	(5,357)
Disposals	(450)	(22)
Adjustments	(106)
Depletion, depreciation and amortization	5,023	6,177
Ending balance	(15,979)	(11,512)
Mine properties
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	0
Ending balance	0	0
Mine properties | Cost
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	2,160	2,160
Additions	0	0
Disposals	0	0
IFRS 16 Right of Use assets	0	0
Change in estimate of provision for environmental rehabilitation	0	0
Transfers	0	0
Adjustments	0
Ending balance	2,160	2,160
Mine properties | Accumulated depreciation and impairment
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	(2,160)	(2,160)
Disposals	0	0
Adjustments	0
Depletion, depreciation and amortization	0	0
Ending balance	(2,160)	(2,160)
Development properties
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	108,712
Ending balance	119,536	108,712
Development properties | Cost
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	108,712	76,385
Additions	15,366	32,422
Disposals	0	0
IFRS 16 Right of Use assets	0	0
Change in estimate of provision for environmental rehabilitation	121	(994)
Transfers	(4,663)	899
Adjustments	0
Ending balance	119,536	108,712
Development properties | Accumulated depreciation and impairment
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	0	0
Disposals	0	0
Adjustments	0
Depletion, depreciation and amortization	0	0
Ending balance	0	0
Exploration, evaluation and pre-development properties
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	208,035	223,220
Additions	83,707	241
Change in estimate of provision for environmental rehabilitation	(2,508)	(22,608)
Transfers	0	7,182
Ending balance	289,234	208,035
Exploration, evaluation and pre-development properties | Cost
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	208,035	223,220
Additions	83,707	241
Disposals	0	0
IFRS 16 Right of Use assets	0	0
Change in estimate of provision for environmental rehabilitation	(2,508)	(22,608)
Transfers	0	7,182
Adjustments	0
Ending balance	289,234	208,035
Exploration, evaluation and pre-development properties | Accumulated depreciation and impairment
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	0	0
Disposals	0	0
Adjustments	0
Depletion, depreciation and amortization	0	0
Ending balance	0	0
Buildings, plant and equipment
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	212,514
Ending balance	229,857	212,514
Buildings, plant and equipment | Cost
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	221,866	206,241
Additions	18,778	23,450
Disposals	1,749	24
IFRS 16 Right of Use assets	252	280
Change in estimate of provision for environmental rehabilitation	0	0
Transfers	4,663	(8,081)
Adjustments	(134)
Ending balance	243,676	221,866
Buildings, plant and equipment | Accumulated depreciation and impairment
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	(9,352)	(3,197)
Disposals	(450)	(22)
Adjustments	(106)
Depletion, depreciation and amortization	5,023	6,177
Ending balance	$ (13,819)	$ (9,352)

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT - Disclosure Of Detailed Information About Acquisition In Property, Plant And Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	$ 529,261
Ending balance	638,627	$ 529,261
Exploration, evaluation and pre-development properties
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	208,035	223,220
Additions	83,707	241
Change in estimate of environmental provision	(2,508)	(22,608)
Transfers	0	7,182
Ending balance	289,234	208,035
McCoy-Cove, Nevada | Exploration, evaluation and pre-development properties
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	61,203	54,105
Additions	5,489	0
Change in estimate of environmental provision	(535)	(84)
Transfers	0	7,182
Ending balance	66,157	61,203
Ruby Hill Mining Company LLC | Exploration, evaluation and pre-development properties
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	92,889	103,594
Additions	0	0
Change in estimate of environmental provision	(813)	(10,705)
Transfers	0	0
Ending balance	92,076	92,889
Lone Tree, Nevada | Exploration, evaluation and pre-development properties
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	52,533	65,521
Additions	0	0
Change in estimate of environmental provision	(1,123)	(12,988)
Transfers	0	0
Ending balance	51,410	52,533
Argenta, Nevada | Exploration, evaluation and pre-development properties
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	1,410	0
Additions	0	241
Change in estimate of environmental provision	(37)	1,169
Transfers	0	0
Ending balance	1,373	1,410
FAD, Nevada | Exploration, evaluation and pre-development properties
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	0
Additions	78,218
Change in estimate of environmental provision	0
Transfers	0
Ending balance	$ 78,218	$ 0

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT - Disclosure Of Depreciation, Depletion And Amortization On Property, Plant And Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation, depletion and amortization	$ 7,202	$ 4,528
Depreciation, property, plant and equipment	5,023	6,177
Depreciation, property, plant and equipment before inventory movement	8,948	6,389
Inventory movement	(3,925)	(212)
Recorded in exploration, evaluation and pre-development
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation, property, plant and equipment	112	484
Recorded in general and administrative
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation, property, plant and equipment	444	346
Recorded in property maintenance
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation, property, plant and equipment	1,088	816
Depreciation, depletion and amortization capitalized into properties
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation, property, plant and equipment	$ 102	$ 215

PROPERTY, PLANT AND EQUIPMENT_4

PROPERTY, PLANT AND EQUIPMENT - Movement of Right-of-use Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of quantitative information about right-of-use assets [abstract]
Beginning balance	$ 522	$ 582
Additions	243	280
Termination	(90)
Depreciation	(346)	(340)
Ending balance	329	522
Buildings
Disclosure of quantitative information about right-of-use assets [abstract]
Beginning balance	370	582
Additions	143	0
Termination	0
Depreciation	(238)	(212)
Ending balance	275	370
Equipment
Disclosure of quantitative information about right-of-use assets [abstract]
Beginning balance	152	0
Additions	100	280
Termination	(90)
Depreciation	(108)	(128)
Ending balance	$ 54	$ 152

PROPERTY, PLANT AND EQUIPMENT_5

PROPERTY, PLANT AND EQUIPMENT - Narrative (Details) $ in Millions	Nov. 10, 2022 USD ($)	Apr. 15, 2021 USD ($) $ / oz	Dec. 31, 2023	Sep. 30, 2022 USD ($)	May 06, 2022 USD ($)	Aug. 24, 2020 USD ($)
Granite Creek
Disclosure of detailed information about business combination [line items]
Cash					$ 4
Payments included in net profit royalty, percentage			10%		10%
Tabor Project
Disclosure of detailed information about business combination [line items]
Percentage owned						100%
Liabilities incurred						$ 0.3
Earn-in-option payments						$ 5.2
Argenta Property Acquisition
Disclosure of detailed information about business combination [line items]
Consideration transferred	$ 3.7
Osgood Mining Company LLC Acquisition
Disclosure of detailed information about business combination [line items]
Contingent value rights , payment to waterton amount		$ 5
Contingent value rights , additional payment to waterton amount		$ 5
Period for change in price consecutive day		60 days
Contingent price increase per ounce | $ / oz		2,000
Osgood Mining Company LLC | Waterton
Disclosure of detailed information about business combination [line items]
Cash				$ 5

PROPERTY, PLANT AND EQUIPMENT_6

PROPERTY, PLANT AND EQUIPMENT - Schedule of Detailed Information About Asset Acquisition (Details) - Argenta Property Acquisition $ in Thousands	Nov. 10, 2022 USD ($)
Disclosure of detailed information about business combination [line items]
Property, plant and equipment	$ 3,122
Other assets	1,767
Provision for environmental rehabilitation	(1,169)
Fair value of net assets acquired	$ 3,720

PROPERTY, PLANT AND EQUIPMENT_7

PROPERTY, PLANT AND EQUIPMENT - Royalties (Details)	12 Months Ended
	Dec. 31, 2023
McCoy-Cove, Nevada | NSR Maverix Metals Inc. | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	150%
McCoy-Cove, Nevada | NSR Maverix Metals Inc. | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	200%
McCoy-Cove, Nevada | NSR Chiara
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	200%
Tabor, Nevada | NSR Renaissance
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	300%
Granite Creek | NSR Royal Gold/D.M. Duncan 1 | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	100%
Granite Creek | NSR Royal Gold/D.M. Duncan 1 | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	400%
Granite Creek | NSR Royal Gold/D.M. Duncan 2 | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	300%
Granite Creek | NSR Royal Gold/D.M. Duncan 2 | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	500%
Granite Creek | NSR Franco-Nevada/S&G Pinson
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	200%
Granite Creek | NSR Stoffer/Noceto/Phillips
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	750%
Granite Creek | NSR Stoffer/Noceto/Phillips/Murphy/Christison
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	200%
Granite Creek | NPI Gold Royalty
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	1,000%
Granite Creek | Franco-Nevada Corporation
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	200%
Granite Creek | NPI Nevada Gold Mines
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	50%
Lone Tree | NSR VEK/Andrus
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	500%
Lone Tree | NSR Franco-Nevada Mining Corporation, Inc.
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	100%
Lone Tree | NSR Bronco Creek, Inc | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	400%
Lone Tree | NSR Marigold Mining Company
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	500%
Lone Tree | NSR Richardson
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	500%
Lone Tree | NSR BTF Properties
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	500%
Lone Tree | NSR Newmont USA Limited | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	50%
Lone Tree | NSR Newmont USA Limited | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	150%
Ruby Hill | NSR Placer Dome U.S. Inc.
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	250%
Ruby Hill | Biale Trust
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	300%
Ruby Hill | NSR Asarco Incorporated
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	400%
Ruby Hill | RG Royalties
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	300%
Golden Hill Property | Biale Trust
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	300%
Golden Hill Property | NSR Asarco Incorporated
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	400%
Golden Hill Property | RG Royalties
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	300%
Golden Hill Property | NSR Royalty Consolidation Company | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	50%
Golden Hill Property | NSR Royalty Consolidation Company | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	150%
Golden Hill Property | Herrera
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	400%
Golden Hill Property | MacKenzie
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	200%
Golden Hill Property | Fulton/Wycosky
Disclosure of detailed information about property, plant and equipment [line items]
NSR royalty fee percentage	400%

LONG-TERM DEBT - Disclosure of

LONG-TERM DEBT - Disclosure of Detailed Information About Borrowings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Borrowings [abstract]
Beginning balance	$ 115,876	$ 41,436
Fair value on inception	60,567	71,626
Additions and adjustments	554	334
Amortization of finance costs	908	353
Principal repayment	(25,761)	(14,980)
Finance charge	28,130	17,107
Ending balance	180,274	115,876
Current portion of long-term debt	31,939	21,288
Long-term debt	148,335	94,588
Orion Convertible Credit
Borrowings [abstract]
Beginning balance	39,741	32,956
Fair value on inception	0	0
Additions and adjustments	0	0
Amortization of finance costs	438	308
Principal repayment	0	0
Finance charge	7,790	6,477
Ending balance	47,969	39,741
Current portion of long-term debt	0
Long-term debt	47,969
Sprott Convertible Credit
Borrowings [abstract]
Beginning balance	8,903	7,685
Fair value on inception	0	0
Additions and adjustments	315	0
Amortization of finance costs	0	0
Principal repayment	(2,038)	0
Finance charge	1,291	1,218
Ending balance	8,471	8,903
Current portion of long-term debt	0
Long-term debt	8,471
Stream Agreement
Borrowings [abstract]
Beginning balance	0	0
Fair value on inception	42,459	0
Additions and adjustments	0	0
Amortization of finance costs	378	0
Principal repayment	0	0
Finance charge	6,930	0
Ending balance	49,767	0
Current portion of long-term debt	0
Long-term debt	49,767
Gold Prepay Agreement
Borrowings [abstract]
Beginning balance	34,004	0
Fair value on inception	18,108	41,737
Additions and adjustments	0	0
Amortization of finance costs	72	45
Principal repayment	(17,043)	(14,498)
Finance charge	8,691	6,720
Ending balance	43,832	34,004
Current portion of long-term debt	17,299
Long-term debt	26,533
Silver Purchase Agreement
Borrowings [abstract]
Beginning balance	32,447	0
Fair value on inception	0	29,889
Additions and adjustments	0	0
Amortization of finance costs	20	0
Principal repayment	(6,231)	(134)
Finance charge	3,427	2,692
Ending balance	29,663	32,447
Current portion of long-term debt	14,351
Long-term debt	15,312
Other Borrowings
Borrowings [abstract]
Beginning balance	781	795
Fair value on inception	0	0
Additions and adjustments	239	334
Amortization of finance costs	0	0
Principal repayment	(449)	(348)
Finance charge	1	0
Ending balance	572	$ 781
Current portion of long-term debt	289
Long-term debt	$ 283

LONG-TERM DEBT - Narrative (Det

LONG-TERM DEBT - Narrative (Details)					1 Months Ended	3 Months Ended		12 Months Ended
	Sep. 20, 2023 USD ($) oz	Feb. 22, 2023 USD ($) $ / shares	Apr. 30, 2022 oz	Dec. 10, 2021 USD ($) $ / shares	Apr. 30, 2022 oz	Dec. 31, 2022 USD ($) oz	Jun. 30, 2022 oz	Dec. 31, 2023 USD ($) shares oz derivative	Dec. 31, 2022 USD ($) oz	Dec. 31, 2025 oz	Dec. 31, 2024 oz	Jul. 07, 2023 shares	Jun. 27, 2023 USD ($) shares	Jan. 13, 2023 oz	Dec. 31, 2021 USD ($)	Dec. 13, 2021 USD ($)
Disclosure of detailed information about borrowings [line items]
Principal amount						$ 115,876,000		$ 180,274,000	$ 115,876,000						$ 41,436,000
Gold Prepay Agreement embedded derivative						0		1,676,000	0
Total liabilities						308,547,000		297,429,000	308,547,000
Total assets						641,959,000		723,693,000	641,959,000
Current portion of long-term debt						21,288,000		$ 31,939,000	21,288,000
Number of embedded derivatives | derivative								2
Minimum
Disclosure of detailed information about borrowings [line items]
Remaining lease term								1 year
Lease liability, interest rate								3.30%
Maximum
Disclosure of detailed information about borrowings [line items]
Remaining lease term								4 years
Lease liability, interest rate								14.40%
Orion
Disclosure of detailed information about borrowings [line items]
Other financial liabilities						27,029,000		$ 9,028,000	27,029,000
Sprott
Disclosure of detailed information about borrowings [line items]
Gold Prepay Agreement embedded derivative								1,500,000
Other financial liabilities						5,299,000		1,459,000	5,299,000
Orion Convertible Credit
Disclosure of detailed information about borrowings [line items]
Principal amount						39,741,000		47,969,000	39,741,000						32,956,000	$ 50,000,000
Interest at fixed rate																8%
Other equity interest								2,000,000								$ 2,000,000
Current portion of long-term debt								$ 0
Orion Convertible Credit | Weighted average
Disclosure of detailed information about borrowings [line items]
Interest at fixed rate								18.90%
Orion Convertible Credit | Orion
Disclosure of detailed information about borrowings [line items]
Gold Prepay Agreement embedded derivative						27,000,000		$ 9,000,000	27,000,000							13,600,000
Fair value gain (loss)								18,000,000	(8,500,000)
Sprott Convertible Loan
Disclosure of detailed information about borrowings [line items]
Principal amount				$ 10,000,000									$ 1,800,000
Interest at fixed rate				8%
Fair value gain (loss)								3,800,000	(1,400,000)
Other equity interest				$ 400,000				$ 300,000
Business acquisition, equity interest issued or issuable (in shares) | shares												800,449	800,449
Convertible debentures cash percentage				1.01
Convertible loan common per share (in Canadian dollar per share) | $ / shares				$ 3.275
Obligation to repurchase period				120 days
Redemption price percentage				150%
Number of consecutive trading days				20 days
Sprott Convertible Loan | Weighted average
Disclosure of detailed information about borrowings [line items]
Interest at fixed rate								14.92%
Sprott Convertible Loan | Sprott
Disclosure of detailed information about borrowings [line items]
Gold Prepay Agreement embedded derivative				$ 2,700,000
Borrowings, principal amount converted								$ 1,800,000
Borrowings, interest amount converted								$ 200,000
Business acquisition, equity interest issued or issuable (in shares) | shares								800,449
Convertible Debentures
Disclosure of detailed information about borrowings [line items]
Principal amount		$ 65,000,000
Interest at fixed rate		8%
Other equity interest		$ 18,900,000						$ 18,900,000
Convertible debentures cash percentage		1.04
Convertible loan common per share (in Canadian dollar per share) | $ / shares		$ 3.38
Obligation to repurchase period		120 days
Redemption price percentage		150%
Number of consecutive trading days		20 days
Gains on derivatives						0		900,000	0
Convertible Debentures | Forced Conversion Option
Disclosure of detailed information about borrowings [line items]
Total assets		$ 900,000						400,000
Convertible Debentures | Conversion and change of control rights
Disclosure of detailed information about borrowings [line items]
Total liabilities		$ (1,400,000)						$ 0
Convertible Debentures | Weighted average
Disclosure of detailed information about borrowings [line items]
Interest at fixed rate								19%
Gold Prepay Agreement
Disclosure of detailed information about borrowings [line items]
Principal amount						34,004,000		$ 43,832,000	34,004,000						0
Gains on derivatives								569,000	1,596,000
Loss on Gold Prepay Agreement modification								1,831,000	0
Current portion of long-term debt								$ 17,299,000
Gold Prepay Agreement | Gold Prepay Agreement | Gold
Disclosure of detailed information about borrowings [line items]
Interest at fixed rate	24.48%
Notional amount																41,900,000
Number of ounces required to deliver | oz	1,123				2,100		3,100
Number of ounces required to deliver, quarterly aggregate total | oz	13,333				30,400
Gross proceeds	$ 20,000,000
Number of ounces delivered | oz								15,700
Number of ounces delivered quarterly | oz	1,110
Number of ounces to be delivered | oz								28,033
Gold Prepay Agreement | Gold Prepay Agreement | Gold Prepay Agreement | Gold
Disclosure of detailed information about borrowings [line items]
Total liabilities	$ 18,100,000
Gold Prepay Agreement | Weighted average | Gold Prepay Agreement | Gold
Disclosure of detailed information about borrowings [line items]
Interest at fixed rate	24.45%
Silver Purchase Agreement
Disclosure of detailed information about borrowings [line items]
Principal amount						$ 32,447,000		$ 29,663,000	32,447,000						$ 0
Gains on derivatives								0	1,898,000
Loss on Gold Prepay Agreement modification	$ 1,800,000							1,831,000	$ 0
Current portion of long-term debt								$ 14,351,000
Silver Purchase Agreement | Silver
Disclosure of detailed information about borrowings [line items]
Interest at fixed rate								12.28%
Notional amount																$ 30,000,000
Number of ounces to be delivered before pricing mechanism | oz						300,000			300,000
Satisfaction metal ratio																0.013
Current portion of long-term debt								$ 14,400,000
Number of embedded derivatives | derivative								2
Silver Purchase Agreement | Silver | Milestone One
Disclosure of detailed information about borrowings [line items]
Percentage of precious metal production to be issued			100%
Number of ounces to be delivered before pricing mechanism | oz			1,200,000		1,200,000
Silver Purchase Agreement | Silver | Milestone Two
Disclosure of detailed information about borrowings [line items]
Number of ounces delivered | oz			2,500,000		2,500,000			400,000
Percentage of precious metal production to be issued			50%
Number of ounces included in current portion of liability | oz								394,605
Silver Purchase Agreement | Silver | Third Milestone Payment
Disclosure of detailed information about borrowings [line items]
Percentage of precious metal production to be issued			10%
Silver Purchase Agreement | Silver | Fourth Milestone Payment
Disclosure of detailed information about borrowings [line items]
Percentage of precious metal production to be issued			20%
Number of ounces to be delivered before pricing mechanism | oz			1,200,000		1,200,000
Silver Purchase Agreement | Silver | Annual Minimum Of Sliver Ounces Produced
Disclosure of detailed information about borrowings [line items]
Number of ounces delivered | oz														293,509
Number of ounces to be delivered before pricing mechanism | oz						6,491			6,491					300,000
Silver Purchase Agreement | Silver | Forecast
Disclosure of detailed information about borrowings [line items]
Number of ounces to be delivered before pricing mechanism | oz										100,000	400,000
Silver Purchase Agreement | Silver | Forecast | Milestone Two
Disclosure of detailed information about borrowings [line items]
Number of ounces included in current portion of liability | oz											400,000
Silver Purchase Agreement | Orion | Silver
Disclosure of detailed information about borrowings [line items]
Number of ounces delivered | oz								305,395

LONG-TERM DEBT - Disclosure O_2

LONG-TERM DEBT - Disclosure Of Maturity Analysis Of Operating Lease Payments (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Disclosure of detailed information about borrowings [line items]
Lease liabilities	$ 481
Less than one year
Disclosure of detailed information about borrowings [line items]
Lease liabilities	378
One to three years
Disclosure of detailed information about borrowings [line items]
Lease liabilities	67
More than three years
Disclosure of detailed information about borrowings [line items]
Lease liabilities	$ 36

PROVISION FOR ENVIRONMENTAL R_3

PROVISION FOR ENVIRONMENTAL REHABILITATION - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($)
Lone Tree
Disclosure of provision for environmental rehabilitation [Line Items]
Undiscounted un-inflated value of cash flows required to settle provision	$ 66.2
Ruby Hill
Disclosure of provision for environmental rehabilitation [Line Items]
Undiscounted un-inflated value of cash flows required to settle provision	18.4
McCoy-Cove
Disclosure of provision for environmental rehabilitation [Line Items]
Undiscounted un-inflated value of cash flows required to settle provision	8.6
Granite Creek
Disclosure of provision for environmental rehabilitation [Line Items]
Undiscounted un-inflated value of cash flows required to settle provision	2.1
Argenta
Disclosure of provision for environmental rehabilitation [Line Items]
Undiscounted un-inflated value of cash flows required to settle provision	$ 1.2
Minimum
Disclosure of provision for environmental rehabilitation [Line Items]
Risk free interest rate, provision for environmental rehabilitation	3.84%
Maximum
Disclosure of provision for environmental rehabilitation [Line Items]
Risk free interest rate, provision for environmental rehabilitation	4.20%

PROVISION FOR ENVIRONMENTAL R_4

PROVISION FOR ENVIRONMENTAL REHABILITATION - Reconciliation of Discounted Provision (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Reconciliation of changes in other provisions [abstract]
Accretion expense	$ 2,823	$ 3,001
Less current portion	543	946
Long-term portion	70,979	70,680
Provision for environmental rehabilitation
Reconciliation of changes in other provisions [abstract]
Beginning balance	71,626	92,849
Acquisitions		1,247
Change in estimate capitalized	(2,387)	(24,849)
Accretion expense	2,823	3,001
Reclamation expenditures	(540)	(622)
Ending balance	71,522	71,626
Less current portion	543	946
Long-term portion	70,979	70,680
Provision for environmental rehabilitation | Argenta
Reconciliation of changes in other provisions [abstract]
Beginning balance	1,170	0
Acquisitions		1,170
Change in estimate capitalized	(37)	0
Accretion expense	43	0
Reclamation expenditures	0	0
Ending balance	1,176	1,170
Less current portion	0	398
Long-term portion	1,176	772
Provision for environmental rehabilitation | McCoy-Cove
Reconciliation of changes in other provisions [abstract]
Beginning balance	6,812	6,684
Acquisitions		0
Change in estimate capitalized	(535)	(84)
Accretion expense	264	212
Reclamation expenditures	0	0
Ending balance	6,541	6,812
Less current portion	0	0
Long-term portion	6,541	6,812
Provision for environmental rehabilitation | Granite Creek
Reconciliation of changes in other provisions [abstract]
Beginning balance	1,473	2,394
Acquisitions		0
Change in estimate capitalized	121	(995)
Accretion expense	67	74
Reclamation expenditures	0	0
Ending balance	1,661	1,473
Less current portion	0	0
Long-term portion	1,661	1,473
Provision for environmental rehabilitation | Lone Tree
Reconciliation of changes in other provisions [abstract]
Beginning balance	48,898	60,592
Acquisitions		77
Change in estimate capitalized	(1,123)	(13,066)
Accretion expense	1,923	1,917
Reclamation expenditures	(540)	(622)
Ending balance	49,158	48,898
Less current portion	543	548
Long-term portion	48,615	48,350
Provision for environmental rehabilitation | Ruby Hill
Reconciliation of changes in other provisions [abstract]
Beginning balance	13,273	23,179
Acquisitions		0
Change in estimate capitalized	(813)	(10,704)
Accretion expense	526	798
Reclamation expenditures	0	0
Ending balance	12,986	13,273
Less current portion	0	0
Long-term portion	$ 12,986	$ 13,273

OTHER LIABILITIES - Disclosure

OTHER LIABILITIES - Disclosure Of Detailed Information About Other Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Disclosure of financial liabilities [line items]
Warrant liability	$ 4,467	$ 15,945
Share-based payment liability	1,184	983
Deferred consideration		45,805
Offtake liability	637	730
Gold Prepay Agreement embedded derivative	1,676	0
Total other liabilities	18,451	95,791
Less current portion	1,186	46,181
Long-term portion	17,265	49,610
Orion
Disclosure of financial liabilities [line items]
Other financial liabilities	9,028	27,029
Sprott
Disclosure of financial liabilities [line items]
Other financial liabilities	1,459	$ 5,299
Gold Prepay Agreement embedded derivative	$ 1,500

OTHER LIABILITIES - Disclosur_2

OTHER LIABILITIES - Disclosure Of Detailed Information About Other Liabilities - Narrative (Details) $ in Thousands

1 Months Ended

2 Months Ended

3 Months Ended

12 Months Ended

21 Months Ended

24 Months Ended

Sep. 20, 2023 USD ($)

May 05, 2023 USD ($) shares

Oct. 18, 2021 USD ($)

Apr. 15, 2021 shares $ / shares

Apr. 15, 2021 USD ($) shares

Apr. 07, 2021 USD ($)

Apr. 30, 2021 oz

Mar. 12, 2024 $ / shares shares

Dec. 31, 2023 USD ($) shares

Sep. 30, 2023 $ / shares shares

Mar. 31, 2023 USD ($) shares

Dec. 31, 2021 $ / shares shares

Apr. 20, 2024 $ / shares shares

Dec. 31, 2023 USD ($) shares oz

Dec. 31, 2022 USD ($) oz shares

Dec. 31, 2021 oz

Feb. 09, 2025 $ / shares shares

May 02, 2025 $ / shares shares

Disclosure of contingent liabilities [line items]

Hold period

4 months

Gain (loss) on warrants

$ 16,686

$ (1,040)

Share-based payment liability

$ 1,184

1,184

983

Deferred consideration

45,805

Loss on deferred consideration

$ (1,194)

$ (3,262)

Offtake Agreement

Disclosure of contingent liabilities [line items]

Financing agreed to sell and agreed to purchase | oz

31,500

40,000

37,500

29,750

Waterton

Disclosure of contingent liabilities [line items]

Equity interests of acquirer

10,000

$ 10,000

Payments of deferred compensation

20,000

$ 27,000

Total consideration

$ 10,000

$ 11,000

$ 10,000

Business acquisition, equity interest issued or issuable (in shares) | shares

6,613,382

5,515,313

6,613,382

Acquisition of Ruby Hill | First Milestone Payment

Disclosure of contingent liabilities [line items]

Deferred consideration

$ 17,000

Prepayment period options

15 months

Acquisition of Ruby Hill | First Milestone Payment | Minimum

Disclosure of contingent liabilities [line items]

Prepayment period options

60 days

Acquisition of Ruby Hill | First Milestone Payment | Maximum

Disclosure of contingent liabilities [line items]

Prepayment period options

15 months

Acquisition of Ruby Hill | Second Milestone Payment

Disclosure of contingent liabilities [line items]

Deferred consideration

$ 15,000

Acquisition of Ruby Hill | Second Milestone Payment | Minimum

Disclosure of contingent liabilities [line items]

Prepayment period options

60 days

Consideration reduce, subject to early prepayment option

$ 5,000

Deferred consideration, subject to early prepayment condition to share amount option

$ 7,500

Acquisition of Ruby Hill | Second Milestone Payment | Maximum

Disclosure of contingent liabilities [line items]

Prepayment period options

24 months

Consideration reduce, subject to early prepayment option

$ 10,000

Acquisition of Ruby Hill | Third Milestone Payment

Disclosure of contingent liabilities [line items]

Deferred consideration

$ 15,000

Acquisition of Ruby Hill | Third Milestone Payment | Minimum

Disclosure of contingent liabilities [line items]

Prepayment period options

90 days

Acquisition of Ruby Hill | Third Milestone Payment | Maximum

Disclosure of contingent liabilities [line items]

Prepayment period options

30 months

Acquisition of Ruby Hill | Fourth Milestone Payment

Disclosure of contingent liabilities [line items]

Deferred consideration

$ 20,000

Consideration reduce, subject to early prepayment option

20,000

Deferred consideration, subject to early prepayment condition to share amount option

$ 10,000

Subject to early prepayment option, period

24 months

Percentage subject to early prepayment condition, not to exceed

9.99%

Acquisition of Ruby Hill | Fourth Milestone Payment | Minimum

Disclosure of contingent liabilities [line items]

Prepayment period options

90 days

Acquisition of Ruby Hill | Fourth Milestone Payment | Maximum

Disclosure of contingent liabilities [line items]

Prepayment period options

36 months

Ruby Hill Mining Company LLC

Disclosure of contingent liabilities [line items]

Deferred consideration

$ 41,900

$ 0

$ 0

$ 45,800

Loss on deferred consideration

(1,200)

(3,300)

RSUs and DSUs

Disclosure of contingent liabilities [line items]

Current liabilities

$ 500

500

400

Financing Agreements

Disclosure of contingent liabilities [line items]

Weighted average exercise price of other equity instruments issued in sharebased payment arrangement (In CAD per share) | $ / shares

$ 3.275

Fair value adjustments of warrants

$ 3,500

2,000

$ 5,900

Warrants issued for financing arrangement (in shares) | shares

5,500,000

Exercise period of warrants

36 months

Gold Prepay Agreement

Disclosure of contingent liabilities [line items]

Weighted average exercise price of other equity instruments issued in sharebased payment arrangement (In CAD per share) | $ / shares

$ 3.17

Fair value adjustments of warrants

$ 1,900

1,800

Warrants issued for financing arrangement (in shares) | shares

3,800,000

Exercise period of warrants

36 months

Silver Purchase Agreement | Subsequent Event

Disclosure of contingent liabilities [line items]

Weighted average exercise price of other equity instruments issued in sharebased payment arrangement (In CAD per share) | $ / shares

$ 2.72

Warrants issued for financing arrangement (in shares) | shares

500,000

Paycore Replacement Warrants

Disclosure of contingent liabilities [line items]

Fair value adjustments of warrants

$ 2,700

$ 600

Warrants issued for financing arrangement (in shares) | shares

3,800,000

Paycore Replacement Warrants | Forecast

Disclosure of contingent liabilities [line items]

Weighted average exercise price of other equity instruments issued in sharebased payment arrangement (In CAD per share) | $ / shares

$ 3.09

$ 2.40

$ 4.02

Warrants issued for financing arrangement (in shares) | shares

200,000

300,000

3,300,000

Warrant liability

Disclosure of contingent liabilities [line items]

Number of warrants outstanding (in shares) | shares

24,716,409

24,716,409

17,561,152

Osgood Mining Company LLC

Disclosure of contingent liabilities [line items]

Warrants issued (in shares)

$ 12,100

Number of securities called by warrant (in shares) | shares

1

1

Weighted average exercise price of other equity instruments issued in sharebased payment arrangement (In CAD per share) | $ / shares

$ 3.64

Hold period

4 months

Fair value adjustments of warrants

$ 6,100

$ 100

$ 10,100

Number of other equity instruments issued in share based payment arrangement (in shares) | shares

400,000

Shares issued from exercise of warrants (in shares) | shares

400,000

OTHER LIABILITIES - Disclosur_3

OTHER LIABILITIES - Disclosure Of Detailed Information About Validation Of Fair Value Of The Warrants (Details) - Warrant liability	12 Months Ended
	Dec. 31, 2023 $ / shares	Dec. 31, 2022 USD ($) $ / shares
Minimum
Disclosure of significant unobservable inputs used in fair value measurement of liabilities [line items]
Warrant expected life	3 months	15 months
Maximum
Disclosure of significant unobservable inputs used in fair value measurement of liabilities [line items]
Warrant expected life	33 months	24 months
Risk free rate | Minimum
Disclosure of significant unobservable inputs used in fair value measurement of liabilities [line items]
Significant unobservable input, liabilities	0.0345	0.0396
Risk free rate | Maximum
Disclosure of significant unobservable inputs used in fair value measurement of liabilities [line items]
Significant unobservable input, liabilities	0.0508	0.0425
Expected volatility | Minimum
Disclosure of significant unobservable inputs used in fair value measurement of liabilities [line items]
Significant unobservable input, liabilities	0.42	0.56
Expected volatility | Maximum
Disclosure of significant unobservable inputs used in fair value measurement of liabilities [line items]
Significant unobservable input, liabilities	0.54	0.60
Expected dividend
Disclosure of significant unobservable inputs used in fair value measurement of liabilities [line items]
Significant unobservable input, liabilities	0	0
Share price
Disclosure of significant unobservable inputs used in fair value measurement of liabilities [line items]
Significant unobservable input, liabilities	2.33	3.78

SHARE CAPITAL - Narrative (Deta

SHARE CAPITAL - Narrative (Details)									2 Months Ended		12 Months Ended
	Oct. 16, 2023 USD ($) shares	Oct. 16, 2023 CAD ($) $ / shares shares	Aug. 01, 2023 USD ($) shares	Aug. 01, 2023 CAD ($) shares	May 09, 2023 shares	Jan. 16, 2023 USD ($) shares	Jan. 16, 2023 CAD ($) $ / shares shares	Apr. 15, 2021 USD ($) $ / oz	Mar. 14, 2024 shares	Mar. 12, 2024 shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2023 CAD ($) shares $ / shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2022 CAD ($) shares $ / shares	Dec. 31, 2023 $ / shares	Jul. 07, 2023 shares	Jun. 27, 2023 USD ($) shares	May 05, 2023 shares	Dec. 31, 2022 $ / shares	Sep. 30, 2022 USD ($)	May 06, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 10, 2021 USD ($)	Aug. 24, 2020 USD ($)
Disclosure of terms and conditions of share-based payment arrangement [line items]
Warrants to purchase of common shares (in shares) | shares	6,600,000	6,600,000			5,016,991	5,500,000	5,500,000
Equity issuance (in dollar per share) | (per share)		$ 2.057		$ 2.70			$ 3.8945
Proceeds from shares issued in equity financing	$ 10,000,000	$ 13,600,000				$ 16,000,000	$ 21,500,000				$ 27,693,000		$ 0
Shares issued (in shares) | shares			13,629,800	13,629,800
Shares issued in equity financing											(27,693,000)
Principal amount											$ 180,274,000		$ 115,876,000									$ 41,436,000
Options (in shares) | shares											9,081,403
Percentage of options granted, limited											10%	10%
Percentage of issued and outstanding shares, limited											1%	1%
Option plan, expiration period											10 years	10 years
Vesting period											5 years	5 years
Weighted average share price (in Canadian dollar per share) | $ / shares												$ 3.13		$ 2.99
Total vested stock options | shares											9,081,403		5,998,738
Total vested stock options (in dollar per share) | $ / shares															$ 2.25				$ 2.17
Share-based payments											$ 3,122,000		$ 3,280,000
Granted (in dollars per share) | $ / shares												$ 3.20		$ 2.65
Unvested stock options (in shares) | shares											1,977,842	1,977,842	1,880,008	1,880,008
Granted (in shares) | shares											2,088,687	2,088,687	2,673,179	2,673,179
Tabor Project
Disclosure of terms and conditions of share-based payment arrangement [line items]
Percentage owned																								100%
Liabilities incurred																								$ 300,000
Earn-in-option payments																								$ 5,200,000
Granite Creek
Disclosure of terms and conditions of share-based payment arrangement [line items]
Cash																					$ 4,000,000
Payments included in net profit royalty, percentage											10%										10%
Subsequent Event
Disclosure of terms and conditions of share-based payment arrangement [line items]
Granted (in shares) | shares										891,316
Share capital
Disclosure of terms and conditions of share-based payment arrangement [line items]
Shares issued in equity financing			$ 27,700,000	$ 36,800,000							$ (27,693,000)
Silver Purchase Agreement | Subsequent Event
Disclosure of terms and conditions of share-based payment arrangement [line items]
Warrants issued for financing arrangement (in shares) | shares										500,000
Stock options and warrants
Disclosure of terms and conditions of share-based payment arrangement [line items]
Proceeds from shares issued in equity financing											$ 1,900,000	$ 2,600,000	$ 3,100,000	$ 4,000,000
Options (in shares)											876,798		1,857,200
Stock Options
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payments											$ 2,107,000		$ 1,932,000
RSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period											3 years	3 years
Weighted average forfeiture rate, vested											0.02	0.02
Granted (in shares) | shares											731,543	731,543	772,170	772,170
RSUs | Subsequent Event
Disclosure of terms and conditions of share-based payment arrangement [line items]
Granted (in shares) | shares										2,051,374
DSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period											3 years	3 years
Weighted average forfeiture rate, vested											0	0
Granted (in shares) | shares											167,374	167,374	175,091	175,091
DSUs | Subsequent Event
Disclosure of terms and conditions of share-based payment arrangement [line items]
Granted (in shares) | shares									344,993
RSUs and DSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payments											$ 1,015,000		$ 1,348,000
Current liabilities											500,000		400,000
Long term liabilities											$ 700,000		$ 600,000
Other equity instruments vested in share-based payment arrangement												$ 2,400,000		$ 1,700,000
Paycore Minerals Inc.
Disclosure of terms and conditions of share-based payment arrangement [line items]
Business acquisition, equity interest issued or issuable (in shares) | shares																		25,488,584
Percentage owned																		100%
Osgood Mining Company LLC Acquisition
Disclosure of terms and conditions of share-based payment arrangement [line items]
Contingent value rights , payment to waterton amount								$ 5,000,000
Contingent value rights , additional payment to waterton amount								$ 5,000,000
Period for change in price consecutive day								60 days
Contingent price increase per ounce | $ / oz								2,000
Osgood Mining Company LLC | Waterton
Disclosure of terms and conditions of share-based payment arrangement [line items]
Cash																				$ 5,000,000
Sprott Convertible Loan
Disclosure of terms and conditions of share-based payment arrangement [line items]
Principal amount																	$ 1,800,000						$ 10,000,000
Equity interests of acquirer																	$ 200,000
Business acquisition, equity interest issued or issuable (in shares) | shares																800,449	800,449

SHARE CAPITAL - Stock Option Ac

SHARE CAPITAL - Stock Option Activity (Details)	12 Months Ended
	Dec. 31, 2023 shares $ / shares	Dec. 31, 2022 shares $ / shares
Options outstanding #
Outstanding, beginning (in shares) | shares	7,878,746	6,689,000
Issued in Paycore Acquisition (in shares) | shares	1,727,200
Granted (in shares) | shares	2,088,687	2,673,179
Exercised (in shares) | shares	(526,798)	(1,047,200)
Expired (in shares) | shares	(16,000)	(320,106)
Forfeited (in shares) | shares	(92,590)	(116,127)
Outstanding, ending (in shares) | shares	11,059,245	7,878,746
Weighted average price C$
Outstanding, beginning (in dollars per share) | $ / shares	$ 2.30	$ 2.21
Issued in Paycore Acquisition ((in dollars per share) | $ / shares	1.89
Granted (in dollars per share) | $ / shares	3.20	2.65
Exercised (in dollar per share) | $ / shares	2.59	2.45
Expired (in dollars per share) | $ / shares	2.91	2.71
Forfeited (in dollars per share) | $ / shares	2.69	2.62
Outstanding, ending (in dollar per share) | $ / shares	$ 2.39	$ 2.30

SHARE CAPITAL - Options Outstan

SHARE CAPITAL - Options Outstanding and Exercisable (Details)	12 Months Ended
	Dec. 31, 2023 shares $ / shares	Dec. 31, 2022 shares $ / shares	Dec. 31, 2021 shares $ / shares
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Options (in shares) | shares	11,059,245	7,878,746	6,689,000
Weighted average exercise price C$ (in dollars per share)	$ 2.39	$ 2.30	$ 2.21
Weighted average remaining life in years	2 years 8 months 12 days
Options (in shares) | shares	9,081,403
Weighted average exercise price C$ (in dollars per share)	$ 2.25
Weighted average remaining life in years	2 years 5 months 23 days
$0.59 - $1.55
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Options (in shares) | shares	2,494,000
Weighted average exercise price C$ (in dollars per share)	$ 1.25
Weighted average remaining life in years	10 months 24 days
Options (in shares) | shares	2,494,000
Weighted average exercise price C$ (in dollars per share)	$ 1.25
Weighted average remaining life in years	10 months 24 days
$1.56 - $2.64
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Options (in shares) | shares	3,710,278
Weighted average exercise price C$ (in dollars per share)	$ 2.36
Weighted average remaining life in years	3 years 3 months 14 days
Options (in shares) | shares	2,992,897
Weighted average exercise price C$ (in dollars per share)	$ 2.30
Weighted average remaining life in years	3 years 3 months 29 days
$2.65 - $3.17
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Options (in shares) | shares	2,450,300
Weighted average exercise price C$ (in dollars per share)	$ 2.72
Weighted average remaining life in years	2 years 6 months 7 days
Options (in shares) | shares	2,450,300
Weighted average exercise price C$ (in dollars per share)	$ 2.72
Weighted average remaining life in years	2 years 6 months 7 days
$3.18 - $3.67
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Options (in shares) | shares	2,404,667
Weighted average exercise price C$ (in dollars per share)	$ 3.25
Weighted average remaining life in years	3 years 10 months 2 days
Options (in shares) | shares	1,144,206
Weighted average exercise price C$ (in dollars per share)	$ 3.30
Weighted average remaining life in years	3 years 6 months 29 days
Minimum | $0.59 - $1.55
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Exercise price CAD (in dollars per share)	$ 0.59
Minimum | $1.56 - $2.64
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Exercise price CAD (in dollars per share)	1.56
Minimum | $2.65 - $3.17
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Exercise price CAD (in dollars per share)	2.65
Minimum | $3.18 - $3.67
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Exercise price CAD (in dollars per share)	3.18
Maximum | $0.59 - $1.55
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Exercise price CAD (in dollars per share)	1.55
Maximum | $1.56 - $2.64
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Exercise price CAD (in dollars per share)	2.64
Maximum | $2.65 - $3.17
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Exercise price CAD (in dollars per share)	3.17
Maximum | $3.18 - $3.67
Disclosure of number and weighted average remaining contractual life of outstanding share options [line items]
Exercise price CAD (in dollars per share)	$ 3.67

SHARE CAPITAL - Fair Value Assu

SHARE CAPITAL - Fair Value Assumptions of Granted Options (Details) - yr	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected option life		3
Minimum
Disclosure of terms and conditions of share-based payment arrangement [line items]
Risk-free interest rate	3.47%	1.55%
Annualized volatility based on historic volatility	52%	51%
Forfeiture rate	0%	0%
Expected option life	2.4
Maximum
Disclosure of terms and conditions of share-based payment arrangement [line items]
Risk-free interest rate	4.03%	4.20%
Annualized volatility based on historic volatility	60%	62%
Forfeiture rate	4.40%	570%
Expected option life	3.5

SHARE CAPITAL - Restricted and

SHARE CAPITAL - Restricted and Deferred Share Unit Plan Activity (Details) - shares	2 Months Ended		12 Months Ended
	Mar. 14, 2024	Mar. 12, 2024	Dec. 31, 2023	Dec. 31, 2022
RSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Outstanding, beginning (in shares)	701,755	701,755	465,642	0
Granted (in shares)			731,543	772,170
Settled (in shares)			(464,159)	(236,301)
Forfeited (in shares)			(31,271)	(70,227)
Outstanding, ending (in share)			701,755	465,642
RSUs | Subsequent Event
Disclosure of terms and conditions of share-based payment arrangement [line items]
Granted (in shares)		2,051,374
DSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Outstanding, beginning (in shares)	342,465	342,465	175,091	0
Granted (in shares)			167,374	175,091
Settled (in shares)			0	0
Forfeited (in shares)			0	0
Outstanding, ending (in share)			342,465	175,091
DSUs | Subsequent Event
Disclosure of terms and conditions of share-based payment arrangement [line items]
Granted (in shares)	344,993

SHARE CAPITAL - Share-Based Pay

SHARE CAPITAL - Share-Based Payments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payments	$ 3,122	$ 3,280
Stock Options
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payments	2,107	1,932
RSUs and DSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payments	1,015	1,348
Stock Options, RSUs and DSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based payments	$ 3,122	$ 3,280

BASIC AND DILUTED LOSS PER SH_3

BASIC AND DILUTED LOSS PER SHARE - Summary of Basic and Diluted Income (Loss) per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Earnings per share [abstract]
Net loss for the period	$ (65,196)	$ (79,197)
Basic weighted average shares outstanding (in shares)	274,057,213	240,100,023
Diluted weighted average share outstanding (in shares)	274,057,213	240,100,023
Basic loss per share (in dollars per share)	$ (0.24)	$ (0.33)
Diluted loss per share (in dollars per share)	$ (0.24)	$ (0.33)

BASIC AND DILUTED LOSS PER SH_4

BASIC AND DILUTED LOSS PER SHARE - Narrative (Details) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Share options
Earning Per Share Basic And Diluted [Line Items]
Number of potential ordinary shares that are antidilutive in period presented (in shares)	11,059,245	7,878,746
Warrants
Earning Per Share Basic And Diluted [Line Items]
Number of potential ordinary shares that are antidilutive in period presented (in shares)	24,716,409	17,561,152

SUPPLEMENTAL CASH FLOW INFORM_3

SUPPLEMENTAL CASH FLOW INFORMATION - Summary of Increase and (Decrease) In Non-Cash Working Capital Balances (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Supplemental Cash Flow Information1 [Abstract]
Receivables	$ (3,604)	$ 1,223
Prepaids and deposits	750	(799)
Inventory	1,383	9,220
Accounts payable and accrued liabilities	9,916	(2,484)
Increase in working capital	$ 8,445	$ 7,160

SUPPLEMENTAL CASH FLOW INFORM_4

SUPPLEMENTAL CASH FLOW INFORMATION - Summary Of Non-Cash In Other Income (Expense) (Details) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
	Sep. 20, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Non-Cash Items Including In Other Income / (Expense) [Line Items]
Gain (loss) on warrants			$ 16,686	$ (1,040)
Gains (losses) on derivatives			21,833	(9,899)
Loss on deferred consideration			(1,194)	(3,262)
Gain (loss) on investments			997	(295)
Other			(477)	20
Total non-cash items included in other income (expense)			32,891	(8,066)
Convertible Debentures
Non-Cash Items Including In Other Income / (Expense) [Line Items]
Gains on derivatives		$ 0	900	0
Gold Prepay Agreement
Non-Cash Items Including In Other Income / (Expense) [Line Items]
Gains (losses) on derivatives			(4,592)	2,916
Gains on derivatives			569	1,596
Loss on Gold Prepay Agreement modification			(1,831)	0
Silver Purchase Agreement
Non-Cash Items Including In Other Income / (Expense) [Line Items]
Gains on derivatives			0	1,898
Loss on Gold Prepay Agreement modification	$ (1,800)		$ (1,831)	$ 0

EXPLORATION, EVALUATION AND P_3

EXPLORATION, EVALUATION AND PRE-DEVELOPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	$ 38,913	$ 38,809
Exploration, evaluation and pre-development properties
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	38,913	38,809
Exploration, evaluation and pre-development properties | Drilling
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	24,203	26,117
Exploration, evaluation and pre-development properties | Assays
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	1,073	3,998
Exploration, evaluation and pre-development properties | Salaries and benefits
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	1,515	2,106
Exploration, evaluation and pre-development properties | Field support
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	3,601	2,861
Exploration, evaluation and pre-development properties | Operating supplies
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	1,200	1,313
Exploration, evaluation and pre-development properties | Studies and permits
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	3,691	768
Exploration, evaluation and pre-development properties | Consulting and professional fees
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	3,128	760
Exploration, evaluation and pre-development properties | Claim filing and maintenance fees
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	390	411
Exploration, evaluation and pre-development properties | Depreciation & amortization
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	112	475
Exploration, evaluation and pre-development properties | McCoy-Cove, Nevada
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	14,069	4,196
Exploration, evaluation and pre-development properties | Granite Creek, Nevada
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	3,715	13,578
Exploration, evaluation and pre-development properties | Ruby Hill, Nevada
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	17,063	19,552
Exploration, evaluation and pre-development properties | Buffalo Mountain, Nevada
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	332	1,483
Exploration, evaluation and pre-development properties | FAD, Nevada
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	3,675	0
Exploration, evaluation and pre-development properties | Other
Exploration and Evaluation [Line Items]
Total exploration, evaluation and pre-development	$ 59	$ 0

GENERAL AND ADMINISTRATIVE (Det

GENERAL AND ADMINISTRATIVE (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Analysis of income and expense [abstract]
Corporate administration	$ 5,730	$ 6,225
Salaries and benefits	9,522	7,537
Professional fees	3,260	3,328
Total general and administrative	$ 18,512	$ 17,090

OTHER INCOME _ (EXPENSE) (Detai

OTHER INCOME / (EXPENSE) (Details) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
	Sep. 20, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Disclosure of attribution of expenses by nature to their function [line items]
Gain (loss) on warrants			$ 16,686	$ (1,040)
Gains (losses) on derivatives			21,833	(9,899)
Loss on deferred consideration			(1,194)	(3,262)
Loss on foreign exchange			(27)	(404)
Gain (loss) on investments			997	(295)
Other			1,581	(3,193)
Total other income (expense)			34,922	(11,683)
Convertible Debentures
Disclosure of attribution of expenses by nature to their function [line items]
Gains on derivatives		$ 0	900	0
Gold Prepay Agreement
Disclosure of attribution of expenses by nature to their function [line items]
Gains (losses) on derivatives			(4,592)	2,916
Gains on derivatives			569	1,596
Loss on Gold Prepay Agreement modification			(1,831)	0
Silver Purchase Agreement
Disclosure of attribution of expenses by nature to their function [line items]
Gains on derivatives			0	1,898
Loss on Gold Prepay Agreement modification	$ (1,800)		$ (1,831)	$ 0

FINANCE EXPENSE (Details)

FINANCE EXPENSE (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of detailed information about financial instruments [line items]
Amortization of finance costs	$ 908	$ 353
Environmental rehabilitation accretion	2,823	3,001
Interest paid	46	27
Total finance expense	31,906	20,488
Convertible Loans
Disclosure of detailed information about financial instruments [line items]
Interest accretion	9,081	7,695
Gold Prepay Agreement
Disclosure of detailed information about financial instruments [line items]
Interest accretion	8,691	6,720
Amortization of finance costs	72	45
Silver Purchase Agreement
Disclosure of detailed information about financial instruments [line items]
Interest accretion	3,427	2,692
Amortization of finance costs	20	0
Convertible Debentures
Disclosure of detailed information about financial instruments [line items]
Interest accretion	$ 6,930	$ 0

SEGMENTED INFORMATION (Details)

SEGMENTED INFORMATION (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of operating segments [line items]
Revenue	$ 54,910	$ 36,958
Cost of sales	(52,852)	(28,861)
Depletion, depreciation and amortization	(7,202)	(4,528)
Exploration, evaluation and pre-development	(38,913)	(38,809)
Overhead costs	(31,947)	(23,619)
Other income (expense)	34,922	(11,683)
Finance expense	(31,906)	(20,488)
Loss before income taxes	(72,988)	(91,030)
Current tax expense	(228)	0
Deferred tax recovery	8,020	11,833
Loss for the year	(65,196)	(79,197)
Capital expenditures	118,103	56,395
Property, plant and equipment	638,627	529,261
Total assets	723,693	641,959
Total liabilities	297,429	308,547
Corporate and other
Disclosure of operating segments [line items]
Revenue	0	0
Cost of sales	0	0
Depletion, depreciation and amortization	0	0
Exploration, evaluation and pre-development	0	31
Overhead costs	(22,142)	(20,412)
Other income (expense)	35,666	(5,083)
Finance expense	(29,100)	(17,479)
Loss before income taxes	(15,576)	(42,943)
Current tax expense	0
Deferred tax recovery	8,020	11,833
Loss for the year	(7,556)	(31,110)
Capital expenditures	338	522
Property, plant and equipment	3,380	4,165
Total assets	15,761	61,077
Total liabilities	177,420	151,591
Operating segments | Nevada Production
Disclosure of operating segments [line items]
Revenue	54,910	36,958
Cost of sales	(52,852)	(28,861)
Depletion, depreciation and amortization	(7,202)	(4,528)
Exploration, evaluation and pre-development	(21,119)	(34,616)
Overhead costs	(9,358)	(2,910)
Other income (expense)	(780)	(6,641)
Finance expense	(2,542)	(2,797)
Loss before income taxes	(38,943)	(43,395)
Current tax expense	(228)
Deferred tax recovery	0	0
Loss for the year	(39,171)	(43,395)
Capital expenditures	33,849	46,539
Property, plant and equipment	485,609	458,765
Total assets	557,477	511,298
Total liabilities	111,171	148,655
Operating segments | Exploration and Development
Disclosure of operating segments [line items]
Revenue	0	0
Cost of sales	0	0
Depletion, depreciation and amortization	0	0
Exploration, evaluation and pre-development	(17,794)	(4,224)
Overhead costs	(447)	(297)
Other income (expense)	36	41
Finance expense	(264)	(212)
Loss before income taxes	(18,469)	(4,692)
Current tax expense	0
Deferred tax recovery	0	0
Loss for the year	(18,469)	(4,692)
Capital expenditures	83,916	9,334
Property, plant and equipment	149,638	66,331
Total assets	150,455	69,584
Total liabilities	$ 8,838	$ 8,301

SEGMENTED INFORMATION - Revenue

SEGMENTED INFORMATION - Revenue By Customer (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of operating segments [line items]
Revenue	$ 54,910	$ 36,958
Customer 1
Disclosure of operating segments [line items]
Revenue	15,313	22,280
Customer 2
Disclosure of operating segments [line items]
Revenue	13,840	14,678
Customer 3
Disclosure of operating segments [line items]
Revenue	12,849	0
Customer 4
Disclosure of operating segments [line items]
Revenue	10,973	0
Customer 5
Disclosure of operating segments [line items]
Revenue	1,694	0
Customer 6
Disclosure of operating segments [line items]
Revenue	$ 241	$ 0

INCOME TAXES - Schedule of Inco

INCOME TAXES - Schedule of Income Tax Expense / (Recover) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Major components of tax expense (income) [abstract]
Current tax expense	$ 228	$ 0
Deferred income tax recovery	(8,020)	(11,833)
Income tax recovery	(7,792)	(11,833)
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]
Loss before income taxes	(72,988)	(91,030)
Canadian federal and provincial income tax rates	(19,707)	(24,578)
Permanent differences	(3,888)	873
Impact of foreign tax rates	4,106	3,494
Other foreign exchange differences	(1,033)	(3,028)
Prior year's adjustments relating to tax provision and tax returns	438	727
Change in unrecognized deferred taxes	13,632	10,829
Other	(1,340)	(150)
Income tax recovery	$ (7,792)	$ (11,833)
Reconciliation of average effective tax rate and applicable tax rate [abstract]
Canadian federal and provincial income tax rates	27%	34%
Permanent differences	5%	(1.00%)
Impact of foreign tax rates	(6.00%)	(5.00%)
Other foreign exchange differences	1%	4%
Prior year's adjustments relating to tax provision and tax returns	(1.00%)	(1.00%)
Change in unrecognized deferred taxes	(19.00%)	(15.00%)
Other	2%	0%
Income tax recovery	11%	16%

INCOME TAXES - Schedule of Move

INCOME TAXES - Schedule of Movement in Net Deferred Tax Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Major components of tax expense (income) [abstract]
Balance at the beginning of year	$ (8,020)	$ (19,853)
Recognized in loss	8,020	11,833
Balance at the end of the year	$ 0	$ (8,020)

INCOME TAXES - Schedule of Defe

INCOME TAXES - Schedule of Deferred Assets / (Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Deferred income tax assets
Offset by deferred income tax liabilities	$ (66,584)	$ (58,395)
Net deferred tax asset	0	14,459
Deferred income tax liabilities
Deferred tax liabilities	0	(8,020)
Deferred income tax liabilities used to offset deferred tax asset	66,584	58,395
Net deferred income tax assets / (liabilities)	0	(8,020)	$ (19,853)
Unused losses
Deferred income tax assets
Deferred tax assets	48,086	26,054
Financing costs
Deferred income tax assets
Deferred tax assets	663	422
Asset retirement obligation
Deferred income tax assets
Deferred tax assets	11,952	17,269
Other
Deferred income tax assets
Deferred tax assets	5,883	29,109
Deferred income tax liabilities
Deferred tax liabilities	(20,280)	(21,873)
Inventory
Deferred income tax liabilities
Deferred tax liabilities	(217)	(983)
Capital assets
Deferred income tax liabilities
Deferred tax liabilities	(46,087)	(43,559)
Gross
Deferred income tax assets
Deferred tax assets	66,584	72,854
Deferred income tax liabilities
Deferred tax liabilities	$ (66,584)	$ (66,415)

INCOME TAXES - Deductible Tempo

INCOME TAXES - Deductible Temporary Differences and Unused Tax Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Canada
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets not recognized	$ 78,895	$ 46,663
Non capital loss carry‑forwards	57,054	25,953
Canada | Loss carry forwards
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets not recognized	57,054	25,953
Canada | Other
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets not recognized	21,841	20,710
United States
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets not recognized	30,399	0
Non capital loss carry‑forwards	0	0
United States | Loss carry forwards
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets not recognized	0	0
United States | Other
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets not recognized	$ 30,399	$ 0

RELATED PARTY TRANSACTIONS - Di

RELATED PARTY TRANSACTIONS - Disclosure of Directors and Other Key Management Personnel (Details) - Executive Leadership Team - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure of transactions between related parties [line items]
Salaries, directors' fees and other short-term benefits	$ 3,368	$ 3,573
Share-based payments	638	2,342
Total key management personnel compensation	$ 4,006	$ 5,915

RELATED PARTY TRANSACTIONS - Na

RELATED PARTY TRANSACTIONS - Narrative (Details) $ in Thousands, $ in Millions	Feb. 21, 2024 CAD ($)	Dec. 31, 2023 USD ($)	Feb. 22, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Disclosure of transactions between related parties [line items]
Principal amount		$ 180,274		$ 115,876	$ 41,436
Share capital
Disclosure of transactions between related parties [line items]
Related party subscribed payments	$ 0.3
Convertible Debentures
Disclosure of transactions between related parties [line items]
Principal amount			$ 65,000
Convertible Debentures | Related parties
Disclosure of transactions between related parties [line items]
Principal amount			$ 230

COMMITMENTS- Narrative (Details

COMMITMENTS- Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Contingent Liabilities And Contingent Assets [Line Items]
Surety bonds	$ 132,800
Restricted cash and cash equivalents	44,488	$ 32,902
Ruby Hill, Nevada
Contingent Liabilities And Contingent Assets [Line Items]
Surety bonds	87,000
Restricted cash and cash equivalents	4,245	4,604
Lone Tree, Nevada
Contingent Liabilities And Contingent Assets [Line Items]
Surety bonds	27,000
Restricted cash and cash equivalents	$ 40,243	$ 25,877

FINANCIAL INSTRUMENTS - Narrati

FINANCIAL INSTRUMENTS - Narrative (Details)	Dec. 31, 2023 USD ($) derivative	Dec. 31, 2022 USD ($)
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Trade receivables	$ 4,200,000	$ 0
Number of embedded derivatives | derivative	2
Level 3 of fair value hierarchy | Silver Purchase Agreement
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Metal substitution ratio	75
Ruby Hill
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Deferred consideration		$ 47,000,000
Ruby Hill | Deferred consideration | Level 3 of fair value hierarchy | Discount rate, measurement input
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Significant unobservable input, liabilities	0.075

FINANCIAL INSTRUMENTS - Contrac

FINANCIAL INSTRUMENTS - Contractual Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Waterton
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Total consideration	$ 10,000	$ 11,000
Liquidity risk
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Accounts payable and accrued liabilities	27,182
Borrowings	58,200
Reclamation and closure obligations	96,454
Total	325,303
Liquidity risk | Convertible Debentures
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	65,000
Liquidity risk | Gold Prepay Agreement
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	59,149
Liquidity risk | Silver Purchase Agreement
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	19,318
Liquidity risk | Within 1 year
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Accounts payable and accrued liabilities	27,182
Borrowings	0
Reclamation and closure obligations	530
Total	71,389
Liquidity risk | Within 1 year | Convertible Debentures
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	0
Liquidity risk | Within 1 year | Gold Prepay Agreement
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	26,550
Liquidity risk | Within 1 year | Silver Purchase Agreement
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	17,127
Liquidity risk | 1-2 years
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Accounts payable and accrued liabilities	0
Borrowings	58,200
Reclamation and closure obligations	512
Total	83,759
Liquidity risk | 1-2 years | Convertible Debentures
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	0
Liquidity risk | 1-2 years | Gold Prepay Agreement
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	22,856
Liquidity risk | 1-2 years | Silver Purchase Agreement
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	2,191
Liquidity risk | 2-3 years
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Accounts payable and accrued liabilities	0
Borrowings	0
Reclamation and closure obligations	1,036
Total	10,779
Liquidity risk | 2-3 years | Convertible Debentures
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	0
Liquidity risk | 2-3 years | Gold Prepay Agreement
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	9,743
Liquidity risk | 2-3 years | Silver Purchase Agreement
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	0
Liquidity risk | Thereafter
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Accounts payable and accrued liabilities	0
Borrowings	0
Reclamation and closure obligations	94,376
Total	159,376
Liquidity risk | Thereafter | Convertible Debentures
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	65,000
Liquidity risk | Thereafter | Gold Prepay Agreement
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	0
Liquidity risk | Thereafter | Silver Purchase Agreement
Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities [Line Items]
Borrowings	$ 0

FINANCIAL INSTRUMENTS - Changes

FINANCIAL INSTRUMENTS - Changes In Level 3 Items (Details) - Level 3 of fair value hierarchy - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Silver Purchase Agreement - silver price derivative
Reconciliation of changes in fair value measurement, liabilities [abstract]
Assets (liabilities), beginning	$ 1,898	$ 0
Fair value adjustments		1,898
Principal repayment	0
Fair value adjustments	0
Assets (liabilities), ending		1,898
A&R Gold Prepay Agreement - gold price derivative
Reconciliation of changes in fair value measurement, liabilities [abstract]
Assets (liabilities), beginning	2,916	0
Fair value adjustments		2,916
Principal repayment	0
Fair value adjustments	$ (4,592)
Assets (liabilities), ending		2,916
Commodity Price
Reconciliation of changes in fair value measurement, liabilities [abstract]
Decrease in input	(10.00%)
Increase in input	10%
Commodity Price | Silver Purchase Agreement - silver price derivative
Reconciliation of changes in fair value measurement, liabilities [abstract]
Assets (liabilities), ending	$ 1,898
Increase (decrease) due to possible decrease in input	2,575
Increase (decrease) due to possible increase in input	(2,575)
Commodity Price | A&R Gold Prepay Agreement - gold price derivative
Reconciliation of changes in fair value measurement, liabilities [abstract]
Assets (liabilities), ending	(1,676)
Increase (decrease) due to possible decrease in input	5,118
Increase (decrease) due to possible increase in input	(5,118)
Conversion and change of control rights | Convertible Debentures
Reconciliation of changes in fair value measurement, liabilities [abstract]
Assets (liabilities), beginning	0	0
Fair value adjustments	1,409	0
Initial recognition	(1,409)
Assets (liabilities), ending	0	0
Forced Conversion Option | Convertible Debentures
Reconciliation of changes in fair value measurement, liabilities [abstract]
Assets (liabilities), beginning	0	0
Fair value adjustments	(509)	0
Initial recognition	875
Assets (liabilities), ending	366	0
Deferred consideration
Reconciliation of changes in fair value measurement, liabilities [abstract]
Assets (liabilities), beginning	(45,805)	(42,543)
Fair value adjustments	(1,195)	(3,262)
Principal repayment	47,000
Assets (liabilities), ending	0	(45,805)
Lookback option
Reconciliation of changes in fair value measurement, liabilities [abstract]
Assets (liabilities), beginning	(730)	(730)
Fair value adjustments	93	0
Principal repayment	0
Assets (liabilities), ending	(637)	(730)
Orion | Conversion and change of control rights
Reconciliation of changes in fair value measurement, liabilities [abstract]
Assets (liabilities), beginning	(27,029)	(18,534)
Fair value adjustments	18,001	(8,495)
Initial recognition	0
Assets (liabilities), ending	(9,028)	(27,029)
Sprott | Conversion and change of control rights
Reconciliation of changes in fair value measurement, liabilities [abstract]
Assets (liabilities), beginning	(5,299)	(3,895)
Fair value adjustments	3,840	(1,404)
Initial recognition	0
Assets (liabilities), ending	$ (1,459)	$ (5,299)

MANAGEMENT OF CAPITAL (Details)

MANAGEMENT OF CAPITAL (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Corporate information and statement of IFRS compliance [abstract]
Share capital and equity settled employee benefits reserve	$ 508.6	$ 369.5

SUBSEQUENT EVENT (Details)

SUBSEQUENT EVENT (Details) $ / shares in Units, $ in Thousands

2 Months Ended

12 Months Ended

Feb. 20, 2024 CAD ($) $ / shares shares

Feb. 09, 2024 USD ($) shares $ / oz

Feb. 09, 2024 CAD ($) shares $ / shares $ / oz

Jan. 12, 2024 USD ($) shares

Jan. 12, 2024 $ / shares

Oct. 16, 2023 USD ($)

Oct. 16, 2023 CAD ($) $ / shares

Aug. 01, 2023 CAD ($) shares

Jan. 16, 2023 USD ($)

Jan. 16, 2023 CAD ($) $ / shares

Apr. 15, 2021 $ / oz

Mar. 12, 2024 $ / shares shares

Dec. 31, 2023 USD ($)

Dec. 31, 2022 USD ($)

Disclosure of detailed information about borrowings [line items]

Shares issued (in shares)

13,629,800

Equity issuance (in dollar per share) | (per share)

$ 2.057

$ 2.70

$ 3.8945

Proceeds from shares issued in equity financing

$ 10,000

$ 13,600,000

$ 16,000

$ 21,500,000

$ 27,693

$ 0

Hold period

4 months

Osgood Mining Company LLC Acquisition

Disclosure of detailed information about borrowings [line items]

Period for change in price consecutive day

60 days

Contingent price increase per ounce | $ / oz

2,000

Private Placement | Share capital

Disclosure of detailed information about borrowings [line items]

Shares issued (in shares)

13,629,800

Private Placement | Share capital | Key management personnel of entity or parent

Disclosure of detailed information about borrowings [line items]

Related party transactions | $

$ 500,000

Major ordinary share transactions | Osgood Mining Company LLC Acquisition

Disclosure of detailed information about borrowings [line items]

Equity issuance (in dollar per share) | $ / shares

$ 1.80

Proceeds from shares issued in equity financing

$ 2,100

$ 2,900,000

Business acquisition, equity interest issued or issuable (in shares)

1,600,000

1,600,000

Period for change in price consecutive day

60 days

60 days

Contingent price increase per ounce | $ / oz

2,000

2,000

Major ordinary share transactions | Private Placement | Share capital

Disclosure of detailed information about borrowings [line items]

Shares issued (in shares)

12,989,204

Equity issuance (in dollar per share) | $ / shares

$ 1.80

Proceeds from shares issued in equity financing | $

$ 23,400,000

Major ordinary share transactions | Private Placement | Share capital | Key management personnel of entity or parent

Disclosure of detailed information about borrowings [line items]

Related party transactions | $

$ 300,000

Subsequent Event | Silver Purchase Agreement

Disclosure of detailed information about borrowings [line items]

Warrants issued for financing arrangement (in shares)

500,000

Weighted average exercise price of other equity instruments issued in sharebased payment arrangement (In CAD per share) | $ / shares

$ 2.72

Changes To Terms Of An Agreement | Silver Purchase Agreement | Orion

Disclosure of detailed information about borrowings [line items]

Amendment fee | $

$ 200

Warrants issued for financing arrangement (in shares)

500,000

Weighted average exercise price of other equity instruments issued in sharebased payment arrangement (In CAD per share) | $ / shares

$ 2.717

Exercise period of warrants

48 months

Hold period

4 months