Premium Resources (PRMLF) 6-K 1 Jun 21 2021 Q1 CONDENSED INTERIM Consolidated Financial Statements Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	Mar. 31, 2021
Cover [Abstract]
Entity Registrant Name	North American Nickel Inc.
Entity Central Index Key	0000795800
Document Type	6-K
Amendment Flag	false
Document Period End Date	Mar. 31, 2021
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2021

Condensed Interim Consolidated

Condensed Interim Consolidated Statements of Financial Position - CAD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
CURRENT ASSETS
Cash	$ 716	$ 308
Receivables and other current assets	80	59
Due from related party	76	55
TOTAL CURRENT ASSETS	872	422
NON-CURRENT ASSETS
Equipment	13	21
Exploration and evaluation assets	39,168	39,103
Advance		50
Investment	132	48
TOTAL NON-CURRENT ASSETS	39,313	39,222
TOTAL ASSETS	40,185	39,644
LIABILITIES
Trade payables and accrued liabilities	527	362
Provision for restoration obligation	267	267
TOTAL LIABILITIES	794	629
EQUITY
Reserve	2,592	2,096
Deficit	(54,326)	(53,299)
TOTAL EQUITY	39,391	39,015
TOTAL LIABILITIES AND EQUITY	40,185	39,644
Preferred Stock [Member]
EQUITY
Share capital	591	591
Common Stock [Member]
EQUITY
Share capital	$ 90,534	$ 89,627

Condensed Interim Consolidate_2

Condensed Interim Consolidated Statements of Comprehensive Loss - CAD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
EXPENSES
General and administrative expenses	$ (262)	$ (305)
Property investigation	(1)	(6)
Amortization	(8)	(2)
Share-based payments	(837)	(884)
Total expenses	(1,108)	(1,197)
OTHER ITEMS
Foreign exchange loss		(1)
Equity loss on investment	(17)
Other income (expense), net	(17)	(1)
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD	$ (1,125)	$ (1,198)
Basic and diluted weighted average number of common shares outstanding	113,245,018	88,690,791
Basic and diluted loss per share	$ (0.01)	$ (0.01)

Condensed Interim Consolidate_3

Condensed Interim Consolidated Statements of Changes in Equity - CAD ($) $ in Thousands	Common Stock [Member]	Preferred Stock [Member]	Reserve [Member]	Deficit [Member]	Total
Balance at Dec. 31, 2019	$ 89,006	$ 591	$ 4,175	$ (54,341)	$ 39,431
Balance, shares at Dec. 31, 2019	88,690,791
Statement Line Items [Line Items]
Net and comprehensive loss				(1,198)	(1,198)
Share capital issued through private placement
Share capital issued through private placement, shares
Share capital issued through exercise of warrants, shares
Share issue costs
Value allocated to warrants
Expired warrants
Forfeited/expired options			(200)	200
Share-based payments			884		884
Balance at Mar. 31, 2020	$ 89,006	591	4,859	(55,339)	39,117
Balance, shares at Mar. 31, 2020	88,690,791
Balance at Dec. 31, 2020	$ 89,627	591	2,096	(53,299)	39,015
Balance, shares at Dec. 31, 2020	109,833,648
Statement Line Items [Line Items]
Net and comprehensive loss				(1,125)	(1,125)
Share capital issued through exercise of warrants	$ 665				665
Share capital issued through exercise of warrants, shares	6,278,219
Share issue costs	$ (1)				(1)
Exercised warrants	243		(243)
Forfeited/expired options			(98)	98
Share-based payments			837		837
Balance at Mar. 31, 2021	$ 90,534	$ 591	$ 2,592	$ (54,326)	$ 39,391
Balance, shares at Mar. 31, 2021	116,111,867

Condensed Interim Consolidate_4

Condensed Interim Consolidated Statements of Cash Flows - CAD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
OPERATING ACTIVITIES
Loss for the period	$ (1,125)	$ (1,198)
Items not affecting cash:
Amortization	8	2
Share-based payments	837	884
Equity loss on investment	17
Changes in working capital	117	(293)
Net cash used in operating activities	(146)	(605)
INVESTING ACTIVITIES
Expenditures on exploration and evaluation assets	(59)	(296)
Investment	(51)
Net cash provided by (used in) investing activities	(110)	(296)
FINANCING ACTIVITIES
Proceeds from exercise of warrants	665
Share issuance costs	(1)
Net cash provided by financing activities	664
Change in cash for the period	408	(901)
Cash, beginning of the period	308	1,098
Cash, end of the period	$ 716	$ 197

Nature and Continuance of Opera

Nature and Continuance of Operations	3 Months Ended
	Mar. 31, 2021
Nature And Continuance Of Operations
Nature and Continuance of Operations	1. NATURE AND CONTINUANCE OF OPERATIONS North American Nickel Inc. (the “Company”) was incorporated on September 23, 1983, under the laws of the Province of British Columbia, Canada. The primary mailing office is located at 3400 – 100 King Street West, PO Box 130, Toronto, Ontario, M5X 1A4 and the records office of the Company is located at 666 Burrard Street, Suite 2500, Vancouver BC V6C 2X8. The Company’s common shares trade on the TSX Venture Exchange (“TSXV”) under the symbol “NAN”. The Company’s principal business activity is the exploration and development of mineral properties in Greenland and Canada, as well as in Botswana through its participation in Premium Nickel Resources. The Company has not yet determined whether any of these properties contain ore reserves that are economically recoverable. The recoverability of carrying amounts shown for exploration and evaluation assets is dependent upon a number of factors including environmental risk, legal and political risk, the existence of economically recoverable mineral reserves, confirmation of the Company’s interests in the underlying mineral claims, the ability of the Company to obtain necessary financing to complete exploration and development, and to attain sufficient net cash flow from future profitable production or disposition proceeds. These financial statements have been prepared on the assumption that the Company will continue as a going concern, meaning it will continue in operation for the foreseeable future and will be able to realize assets and discharge liabilities in the ordinary course of operations. The ability of the Company to continue operations as a going concern is ultimately dependent upon achieving profitable operations and its ability to raise additional capital. To date, the Company has not generated profitable operations from its resource activities and will need to invest additional funds in carrying out its planned exploration, development and operational activities. These uncertainties cast substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The exploration and evaluation properties in which the Company currently has an interest are in the exploration stage. As such, the Company is dependent on external financing to fund its activities. In order to carry out the planned exploration and cover administrative costs, the Company will use its existing working capital and raise additional amounts as needed. Although the Company has been successful in its past fundraising activities, there is no assurance as to the success of future fundraising efforts or as to the sufficiency of funds raised in the future. The Company will continue to assess new properties and seek to acquire interests in additional properties if there is sufficient geologic or economic potential and if adequate financial resources are available to do so. The coronavirus COVID-19 declared as a global pandemic in March 2020 continued throughout the 2020 year and to date. This contagious disease outbreak, which continues to spread, and any related adverse public health developments, has adversely affected workforces, economies, and financial markets globally, potentially leading to an economic downturn. The Company is closely monitoring the impact of the pandemic on all aspects of its business but anticipates that COVID-19 may impact the Company’s ability to conduct fieldwork on projects. The consolidated financial statements were approved and authorized for issuance by the Board of Directors of the Company on May 25, 2021. The discussion in notes to the financial statements is stated in Canadian dollars except amounts in tables are expressed in thousands of Canadian dollars.

Basis of Preparation and Signif

Basis of Preparation and Significant Accounting Policies	3 Months Ended
	Mar. 31, 2021
Basis Of Preparation And Significant Accounting Policies
Basis of Preparation and Significant Accounting Policies	2. BASIS OF PREPARATION AND SIGNIFICANT ACCOUNTING POLICIES (a) Statement of Compliance These condensed interim consolidated financial statements were prepared in accordance with International Financial Reporting Standards (“IFRS”), including IAS 34 Interim Financial Statements. The condensed interim consolidated financial statements do not include all of the information and disclosures required in the annual financial statements, and should be read in conjunction with the Company’s audited annual financial statements for the year ended December 31, 2020. Any subsequent changes to IFRS that are reflected in the Company’s consolidated financial statements for the year ended December 31, 2021 could result in restatement of these condensed interim consolidated financial statements. (b) Basis of Preparation These condensed interim consolidated financial statements have been prepared under the historical cost convention, modified by the revaluation of any financial assets and financial liabilities where applicable. The preparation of financial statements in conformity with IFRS requires the use of certain critical accounting estimates. It also requires management to exercise judgment in the process of applying the Company’s accounting policies. The significant accounting policies used in the preparation of these condensed interim consolidated financial statements are consistent with those used in the preparation of the annual consolidated financial statements for the year ended December 31, 2020. (c) Basis of consolidation These condensed interim consolidated financial statements include the financial statements of the Company and its wholly-owned subsidiary, North American Nickel (US) Inc. which was incorporated in the State of Delaware on May 22, 2015. Consolidation is required when the Company is exposed, or has rights to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. All intercompany transactions, balances, income and expenses are eliminated upon consolidation.

Changes in Accounting Policies

Changes in Accounting Policies	3 Months Ended
	Mar. 31, 2021
Changes In Accounting Policies
Changes in Accounting Policies	3. CHANGES IN ACCOUNTING POLICIES Accounting standards and amendments issued but not yet effective Certain accounting standards or amendments to existing accounting standards that have been issued but have future effective dates are either not applicable or are not expected to have a significant impact on the Company’s financial statements. IAS 16 - “Property, Plant and Equipment” The IASB issued an amendment to IAS 16, Property, Plant and Equipment to prohibit the deducting from property, plant and equipment amounts received from selling items produced while preparing an asset for its intended use. Instead, sales proceeds and its related costs must be recognized in profit or loss. The amendment will require companies to distinguish between costs associated with producing and selling items before the item of property, plant and equipment is available for use and costs associated with making the item of property, plant and equipment available for its intended use. The amendment is effective for annual periods beginning on or after January 1, 2022, with earlier application permitted. The amendment is not currently applicable. IAS 1 – “Presentation of Financial Statements” The IASB issued an amendment to IAS 1, Presentation of Financial Statements to clarify one of the requirements under the standard for classifying a liability as non-current in nature, specifically the requirement for an entity to have the right to defer settlement of the liability for at least 12 months after the reporting period. The amendment includes: (i) specifying that an entity’s right to defer settlement must exist at the end of the reporting period; (ii) clarifying that classification is unaffected by management’s intentions or expectations about whether the entity will exercise its right to defer settlement; (iii) clarifying how lending conditions affect classification; and (iv) clarifying requirements for classifying liabilities an entity will or may settle by issuing its own equity instruments. An assessment will be performed prior to the effective date of January 1, 2023 to determine the impact to the Company’s financial statements.

Receivables and Other Current A

Receivables and Other Current Assets	3 Months Ended
	Mar. 31, 2021
Trade and other current receivables [abstract]
Receivables and Other Current Assets	4. RECEIVABLES AND OTHER CURRENT ASSETS A summary of the receivables and other current assets as of March 31, 2021 is detailed in the table below: (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 December 31, 2020 Sales taxes receivable 28 23 Other current assets (prepaid expenses and amounts receivable) 52 36 80 59

Exploration and Evaluation Asse

Exploration and Evaluation Assets	3 Months Ended
	Mar. 31, 2021
EXPLORATION AND EVALUATION ASSETS
Exploration and Evaluation Assets	5. EXPLORATION AND EVALUATION ASSETS (All amounts in table are expressed in thousands of Canadian dollars) Canada Greenland Post Creek Property Halcyon Property Quetico Claims Lingman Lake Maniitsoq Property Total Acquisition Balance, December 31, 2020 308 238 42 14 46 648 Acquisition costs – cash 5 4 - - - 9 Balance, March 31, 2021 313 242 42 14 46 657 Exploration Balance, December 31, 2020 1,529 252 142 13 36,519 38,455 Property maintenance - - - - 17 17 Drilling - - - - 11 11 Geology 3 3 10 - 11 27 Geophysics - - 1 - - 1 3 3 11 - 39 56 Balance, March 31, 2021 1,532 255 153 13 36,558 38,511 Total, March 31, 2021 1,845 497 195 27 36,604 39,168 Canada Greenland Post Creek Property Halcyon Property Quetico Claims Enid Creek Lingman Lake Maniitsoq Property Total Acquisition Balance, December 31, 2019 298 230 42 83 14 42 709 Acquisition costs – cash 5 4 - - - 4 13 Balance, March 31, 2020 303 234 42 83 14 46 722 Exploration Balance, December 31, 2019 1,498 233 39 33 13 36,108 37,924 Administration - - - - - - - Corporate social - - - - - 1 1 Property maintenance 6 5 1 - - - 12 Drilling - - 2 161 - 10 173 Environmental, health - - - - - - - Geology 4 3 1 55 - 12 75 Geophysics - - 2 65 - - 67 Helicopter charter aircraft (recovery) - - - - - - - Infrastructure - - - - - - - Write-off - - - - - - - 10 8 6 281 - 23 328 Balance, March 31 ,2020 1,508 241 45 314 13 36,131 38,252 Total, March 31, 2020 1,811 475 87 397 27 36,177 38,974 The following is a description of the Company’s exploration and evaluation assets and the related spending commitments: Post Creek On December 23, 2009 and as last amended on March 12, 2013, the Company completed the required consideration and acquired the rights to a mineral claim known as the Post Creek Property located within the Sudbury Mining District of Ontario. Commencing August 1, 2015, the Company is obligated to pay advances on net smelter return royalties (“NSR”) of $10,000 per annum. The Company paid $5,000 during the three months period ended March 31, 2021 (March 31, 2020 - $5,000). The total of the advances will be deducted from any payments to be made under the NSR. During the three months period ended March 31, 2021, the Company incurred exploration expenditures totalling $3,406 (March 31, 2020 - $9,949) on the Post Creek Property. Halcyon On March 31, 2015, the Company completed the required consideration of the option agreement and acquired rights to a mineral claim known as the Halcyon Property located within the Sudbury Mining District of Ontario, subject to certain NSR and advance royalty payments. Commencing August 1, 2015, the Company is obligated to pay advances on the NSR of $8,000 per annum. The Company paid $4,000 during the three months period ended March 31, 2021 (March 31, 2020 - $4,000). The total of the advances will be deducted from any payments to be made under the NSR. During the three months period ended March 31, 2021, the Company incurred $7,406 (March 31, 2020 - $8,407) in acquisition and exploration expenditures on the Halcyon Property. Quetico On April 26, 2018, the Company acquired the right to certain mineral claims known as Quetico located within the Sudbury Mining District of Ontario. The Company incurred total acquisition and exploration related costs of $64,256 during the year ended December 31, 2018. The Company had no minimum required exploration commitment for the years ended December 31, 2020, 2019 and 2018 as it is not required to file any geoscience assessment work between the initial recording of a mining claim and the first anniversary date of the mining claim and claim anniversary dates were adjusted as a result of the COVID-19 pandemic. In April 2020, the Company applied for a one year exclusion under a COVID-19 relief program offered by the Ontario Ministry of Energy, Northern Development and Mines, thus adjusting the claim anniversary dates to April and May of 2021. The COVID-19 relief program was offered again commencing in 2021, and the Company has applied an additional one year exclusion. By the second anniversary of the recording of a claim and by each anniversary thereafter, a minimum of $400 worth of exploration activity per claim unit must be reported to the Provincial Recording Office. The Company could maintain mining claims by filing an Application to Distribute Banked Assessment Work Credits form before any due date. Payments in place of reporting assessment work may also be used to meet yearly assessment work requirements, provided the payments are not used for the first unit of assessment work and consecutively thereafter. Payments cannot be banked to be carried forward for future use. The total annual work requirement for Quetico project after April 26, 2021 is $324,000 should the Company maintain the current size of the claims. Work reports for 2020 expenditures have been filed but have not yet been approved. During the three months period ended March 31, 2021, the Company incurred $10,993 (March 31, 2020 - $5,517) in exploration and license related expenditures on the Quetico Property. Loveland Nickel (Enid Creek) Property On September 25, 2019, the Company entered into earn in agreement to acquire a 100% interest, subject to a 1% NSR, in certain claims known as the Loveland Nickel (Enid Creek) Property located in Timmins, Ontario. Consideration included acquisition costs of $1,525,000 in cash and the issuance of 300,000 common shares. During the year ended December 31, 2019, the Company paid $25,000 and issued 300,000 common shares at a fair value of $51,000. Exploration expenditures of $4,500,000 were to be incurred over a period ending September 25, 2024. As of December 31, 2020, the Company incurred an aggregate exploration and acquisition expenditures of $437,897. Based on the results of the exploration program completed in April 2020, the management elected not to proceed with further exploration on the property and terminated the agreement. Accordingly, all acquisition and exploration related costs were impaired as at December 31, 2020, totalling $437,897. Lingman Lake Property During the year ended December 31, 2019, the Company staked certain mineral claims known as Lingman Lake located northwest of Thunder Bay, Ontario. During the three months period ended March 31, 2021, the Company incurred total acquisition and related costs of $Nil (March 31, 2020 - $Nil). Maniitsoq The Company has been granted certain exploration licenses, by the Bureau of Minerals and Petroleum (“BMP”) of Greenland for exclusive exploration rights of an area comprising the Maniitsoq Property, located near Ininngui, Greenland. The Maniitsoq Property is subject to a 2.5% NSR. The Company can reduce the NSR to 1% by paying $2,000,000 on or before 60 days from the decision to commence commercial production. At the expiration of the first license period, the Company may apply for a second license period (years 6-10), and the Company may apply for a further 3-year license for years 11 to 13. Thereafter, the Company may apply for additional 3-year licenses for years 14 to 16, 17 to 19 and 20 to 22. The Company will be required to pay additional license fees and will be obligated to incur minimum eligible exploration expenses for such years. The Company may terminate the licenses at any time, however any unfulfilled obligations according to the licenses will remain in force, regardless of the termination. Future required minimum exploration expenditures will be adjusted each year on the basis of the change to the Danish Consumer Price Index. On January 7, 2021, the Company announced that it has received notification from the Greenland government that surplus assessment credits from exploration conducted on the Company’s exclusive mineral exploration licenses located on the southwest coast of Greenland have been extended by one year. Mineral licenses that received one-year credit extension include exploration license 2011/54, exploration license 2012/28 and exploration license 2018/21. During the three months period ended March 31, 2021, the Company spent in aggregate of $38,304 (March 31, 2020 - $27,527 in acquisition and exploration expenditures on the Maniitsoq Property, which is comprised of the Sulussugut, Ininngui, Carbonatite and 2020/05 Licenses. During the year ended December 31, 2020, the Company has recorded a $267,000 provision for camp site cleanup and restoration obligations. The cost accrued is based on the current best estimate of restoration activities that will be required on the Maniitsoq Property. The Company’s provision for future cleanup is based on the level of known disturbance at the reporting date and known requirements. It is not currently possible to estimate the impact on operating results, if any, and the actual amount of any economic outflow related to this obligation is dependent upon future events and cannot be reliably measured. The Company is expected to fulfil the obligation during the next 12 months. Further details on the licenses comprising the Maniitsoq Property and related expenditures are outlined below: Sulussugut License (2011/54) (All references to amounts in Danish Kroners, “DKK”) Effective August 15, 2011, the Company was granted an exploration license (the “Sulussugut License”) by the BMP of Greenland for exclusive exploration rights of an area located near Sulussugut, Greenland. The Company paid a license fee of $5,742 (DKK 31,400) upon granting of the Sulussugut License. The application for another 5-year term on the Sulussugut License was submitted to the Greenland Mineral License & Safety Authority which was effective on April 11, 2016, with December 31, 2017 being the seventh year. During the year ended December 31, 2016, the Company paid a license fee of $7,982 (DKK 40,400) which provided for renewal of the Sulussugut License until 2020. During the year ended December 31, 2020, the Company received one year period license extension, which provides for renewal period until 2021. To December 31, 2015, under the terms of a preliminary license, the Company completed the exploration requirements of an estimated minimum of DKK 83,809,340 (approximately $15,808,386) between the years ended December 31, 2011 to 2015 by incurring $26,115,831 on the Sulussugut License. Under the terms of the second license period, there was no required minimum exploration expenditures for the year ended December 31, 2019. As of December 31, 2020, the Company has spent $56,262,968 on exploration costs for the Sulussugut License. The Company had no minimum required exploration commitment for the year ended December 31, 2020 and available credits of DKK 283,945,553 (approximately $58,776,729) at the end of December 31, 2020. During the year ended December 31, 2020, the Company had approved exploration expenditures of DKK 865,100 (approximately $179,076). The credits available from each year may be carried forward for 3 years plus 1 year extension and expire between December 31, 2022 to December 2024. The Company has no exploration commitment for 2021 year. During the three months period ended March 31, 2021, the Company spent a total of $26,665 (March 31, 2020 - $20,093) in exploration and license related expenditures on the Sulussugut License. To December 31, 2020 and 2019, the Company has completed all obligations with respect to required reduction of the area of the license. Ininngui License (2012/28) Effective March 4, 2012, the Company was granted an exploration license (the “Ininngui License”) by the BMP of Greenland for exclusive exploration rights of an area located near Ininngui, Greenland. The Company paid a license fee of $5,755 (DKK 32,200) upon granting of the Ininngui License. The Ininngui License was valid for an initial 5 years until December 31, 2016, with December 31, 2012 being the first year. The license was extended for a further 5 years, until December 31, 2021, with December 31, 2017 being the first year. During the year ended December 31, 2020, the Company received one year period license extension, which provides for renewal period until 2022. The Ininngui License is contiguous with the Sulussugut License. Should the Company not incur the minimum exploration expenditures on the license in any one year from years 2-5, the Company may pay 50% of the difference in cash to BMP as full compensation for that year. This procedure may not be used for more than 2 consecutive calendar years and as at December 31, 2020, the Company has not used the procedure for the license. The Company had no minimum required exploration commitment for the year ended December 31, 2020. As of December 31, 2020, the Company has spent $5,199,578 on exploration costs for the Ininngui License and exceeded the minimum requirement with a total cumulative surplus credits of DKK 30,424,551 (approximately $6,297,882). The credits available from each year may be carried forward for 3 years plus 1 year extension and expire between December 31, 2022 to December 2024. The Company has no exploration commitment for 2021 year. During the three months period ended March 31, 2021, the Company spent a total of $10,566 in exploration and license related expenditures (March 31, 2020 - $2,089). Carbonatite License (2018/21) Effective May 4, 2018, the Company was granted an exploration license (the “Carbonatite License”) by the BMP of Greenland for exclusive exploration rights of an area located near Maniitsoq in West Greenland. The Company paid a license fee of $6,523 (DKK 31,000) upon granting of the Carbonatite License. The Carbonatite License is valid for 5 years until December 31, 2022, with December 31, 2020 being the third year. During the year ended December 31, 2020, the Company received one year period license extension, which provides for renewal period until 2023. The Company has no minimum required exploration obligation for the year ended December 31, 2020. As of December 31, 2020, the Company has spent $1,504,317 on exploration costs for the Carbonatite License. To December 31, 2020, the Company’s expenditures exceeded the minimum requirement and the Company has a total surplus credit of DKK 10,544,473 (approximately $2,182,706). The credit available from each year may be carried forward 3 years plus 1 year extension and expire between December 31, 2023 to December 2024. The Company has no exploration commitment for 2021 year. During the three months period ended March 31, 2021, the Company spent a total of $1,073 in exploration and license related expenditures (March 31, 2020 - $1,044). Ikertoq License During the year ended December 31, 2018, the Company was granted an exploration license, (the “Ikertoq License”) by the BMP of Greenland and spent total of $132,679 in exploration and license related expenditures. The license was later relinquished and the costs were expensed as at December 31, 2018. West Greenland Prospecting License (2020/05) On February 18, 2020, the Company was granted new prospective license No. 2020/05, by the BMP of Greenland for a period of 5 years ending December 31, 2024. The Company paid a granting fee of $4,301 (DKK 21,900). There were no exploration related costs incurred during the three months period ended March 31, 2021.

Trade Payables and Accrued Liab

Trade Payables and Accrued Liabilities	3 Months Ended
	Mar. 31, 2021
Trade and other current payables [abstract]
Trade Payables and Accrued Liabilities	6. TRADE PAYABLES AND ACCRUED LIABILITIES (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 December 31, 2020 Trade payables 400 290 Amounts due to related parties (Note 9) 104 28 Accrued liabilities 23 44 527 362

Share Capital, Warrants and Opt

Share Capital, Warrants and Options	3 Months Ended
	Mar. 31, 2021
SHARE CAPITAL, WARRANTS AND OPTIONS
Share Capital, Warrants and Options	7. SHARE CAPITAL, WARRANTS AND OPTIONS The authorized capital of the Company comprises an unlimited number of common shares without par value and 100,000,000 Series 1 convertible preferred shares without par value. a) Common shares issued and outstanding 2021 During the three months period ended March 31, 2021, the Company issued 6,278,219 common shares and received $665,135 in proceeds from the exercise of 6,278,219 warrants. There were no warrants exercised during the three months period ended March 31, 2020. As at March 31, 2021, the Company has 116,111,867 common shares issued and outstanding, (March 31, 2020 - 88,690,791). 2020 On August 13, 2020, the Company closed the first tranche of its non-brokered private placement equity financing consisting of 15,481,077 units of the Company at a price of $0.07 per unit, for aggregate gross proceeds of $1,083,675. On August 31, 2020, the Company closed the second and final tranche of its non-brokered private placement equity financing consisting of 5,661,780 units of the Company at a price of $0.07 per unit, for aggregate gross proceeds of $396,325. Each unit consists of one common share in the capital of the Company and one transferable common share purchase warrant of the Company. Each warrant will entitle the holder to acquire one common share of the Company at an exercise price of $0.09 for a period of 24 months from its date of issuance. The warrants are subject to an acceleration clause such that if the closing market price of the common shares on the TSX-V is greater than $0.12 per common share for a period of 10 consecutive trading days at any time after the four-month anniversary of the closing of the placement, the Company may, at its option, accelerate the warrant expiry date to within 30 days. In connection with the non-brokered private financing, the Company incurred total share issuance costs of $124,222. The Company issued and aggregate of 588,154 common share purchase warrants. Each warrant will entitle the holder to acquire one common share of the Company at an exercise price of $0.09 for a period of 24 months from its date of issuance. The Company allocated a $716,055 fair value to the warrants issued in conjunction with the private placement and $18,547 to agent’s warrants. The fair value of warrants was determined using the Black-Scholes Option Pricing Model with the following assumptions; expected life of 2 years, expected dividend yield of 0%, a risk-free interest rate of 0.28% to 0.31% range and an expected volatility of 158% to 158.53% range. As at December 31, 2020 the Company had 109,833,648 common shares issued and outstanding. b) Preferred shares issued and outstanding As at March 31, 2021 and March 31, 2020, there are 590,931 series 1 preferred shares outstanding. The rights and restrictions of the preferred shares are as follows: i) dividends shall be paid at the discretion of the directors; ii) the holders of the preferred shares are not entitled to vote except at meetings of the holders of the preferred shares, where they are entitled to one vote for each preferred share held; iii) the shares are convertible at any time after 6 months from the date of issuance, upon the holder serving the Company with 10 days written notice; and iv) the number of the common shares to be received on conversion of the preferred shares is to be determined by dividing the conversion value of the share, $1 per share, by $9.00. c) Warrants A summary of common share purchase warrants activity during the three months period ended March 31, 2021 is as follows: March 31, 2021 December 31, 2020 Number Outstanding Weighted Average Exercise Price ($) Number Outstanding Weighted Average Exercise Price ($) Outstanding, beginning of the period 25,715,742 0.11 15,651,397 0.96 Issued - - 21,731,011 0.09 Exercised (6,278,219 ) 0.11 - - Cancelled / expired - - (11,666,666 ) 1.20 Outstanding, end of the period 19,437,523 0.12 25,715,742 0.11 At March 31, 2021, the Company had outstanding common share purchase warrants exercisable to acquire common shares of the Company as follows: Warrants Outstanding Expiry Date Exercise Price ($) Weighted Average remaining contractual life (years) 3,359,133 December 18, 2021 0.25 0.12 12,535,581 1 August 13, 2022 0.09 0.88 3,542,809 1 August 31, 2022 0.09 0.26 19,437,523 1.26 1 The warrants are subject to an acceleration clause such that if the volume-weighted average trading price of the Company’s common shares on the TSX-V exceeds $0.12 per common share for a period of 10 consecutive trading days at any date before the expiration date of such warrants, the Company may, at its option, accelerate the warrant expiry date to within 30 days. To March 31, 2021, the Company’s common shares have met the criterion for acceleration. The Company, however, has not accelerated the warrant expiry date. d) Stock options The Company adopted a Stock Option Plan (the “Plan”), providing the authority to grant options to directors, officers, employees and consultants enabling them to acquire up to 10% of the issued and outstanding common stock of the Company. Under the Plan, the exercise price of each option equals the market price or a discounted price of the Company’s stock as calculated on the date of grant. The options can be granted for a maximum term of 10 years. A summary of option activity under the Plan during the three months period ended March 31, 2021, is as follows: March 31, 2021 December 31, 2020 Number Outstanding Weighted Average Exercise Number Outstanding Weighted Average Exercise Outstanding, beginning of the period 7,978,725 0.17 2,130,550 1.51 Issued 3,185,000 0.32 7,850,000 0.15 Cancelled / expired (603,100 ) 0.33 (2,001,825 ) 1.51 Outstanding, end of the period 10,560,625 0.21 7,978,725 0.17 During the three months period ended March 31, 2021, the Company granted an aggregate total of 3,185,000 stock options to employees, directors and consultants with a maximum term of 5 years. All options vest immediately and are exercisable at $0.32 per share. The Company calculates the fair value of all stock options using the Black-Scholes Option Pricing Model. The fair value of options granted during the period ended March 31, 2021 amounted to $837,444 and was recorded as a share-based payment expense. During the three months period ended March 31, 2020, the Company granted 6,650,000 stock options to purchase common shares in the capital of the Company pursuant to the Company’s stock option plan. All of the options are exercisable for a period of five years at an exercise price of $0.16 per share. The fair value of options granted during the period ended March 31, 2020 amounted to $884,247 and was recorded as a share-based payment expense. The fair value of stock options granted and vested during the years ended March 31, 2021 was calculated using the following assumptions: March 31, 2021 March 31, 2020 Expected dividend yield 0 % 0 % Expected share price volatility 127.83 % 121.55 % Risk free interest rate 0.93 % 1.21 % Expected life of options 5 years 5 years Details of options outstanding as at March 31, 2021 are as follows: Options Outstanding Options Exercisable Expiry Date Exercise Price ($) Weighted average remaining contractual life (years) 40,625 40,625 February 21, 2022 1.20 0.00 35,000 35,000 February 28, 2023 1.20 0.01 6,100,000 6,100,000 February 24, 2025 0.16 2.27 1,200,000 1,200,000 August 19, 2025 0.09 0.50 3,185,000 3,185,000 February 25, 2026 0.32 1.49 10,560,625 10,560,625 4.27 e) Reserve The reserve records items recognized as stock-based compensation expense and other share-based payments until such time that the stock options or warrants are exercised, at which time the corresponding amount will be transferred to share capital. Amounts recorded for forfeited or expired unexercised options and warrants are transferred to deficit. During the three months period ended March 31, 2021, the Company transferred $97,953 (March 31, 2020 - $199,971) to deficit for expired options and transferred $242,901 (March 31, 2020 - $Nil) to common share capital for exercised warrants. During the three months period year ended March 31, 2021, the Company recorded $837,444 of share-based payments to reserves (March 31, 2020 - $884,247).

Investment in Premium Nickel Re

Investment in Premium Nickel Resources Inc.	3 Months Ended
	Mar. 31, 2021
Disclosure of detailed information about investment property [abstract]
Investment in Premium Nickel Resources Inc.	8. INVESTMENT IN PREMIUM NICKEL RESOURCES INC. On September 30, 2019, the Company entered into a Memorandum of Understanding (“MOU”) with Premium Nickel Resources Inc. (“Premium Nickel”). Pursuant to the MOU, the Company and Premium Nickel set forth their interests in negotiating and acquiring the business and assets of BCL Limited, a private company with operations in Botswana that is currently in liquidation. Concurrent with the MOU, the Company initially subscribed for 2,400,000 common shares of Premium Nickel at $0.01, for a total investment of $24,000. The Company’s initial investment included a provision that gives the Company the right to nominate two directors to the board of directors of Premium Nickel. The Company’s initial investment also included Premium Nickel issuing the Company a non-transferable share purchase warrant (the “Warrant”), which entitles the Company to purchase common shares of Premium Nickel, for up to 15% of the capital of Premium Nickel upon payment of US $10 million prior to the fifth anniversary of the date of issue. At December 31, 2019, the Company’s investment was recorded as an advance, as the Company had not yet been issued the common share certificate nor the Warrant. The initial investment common share certificate and Warrant were issued during the year ended December 31, 2020. To December 31, 2020, the Company subscribed for a further 4,657,711 common shares of Premium Nickel, for a further investment of $154,164. The common shares underlying the investment are restricted (“Restricted”) from being traded before such date that is 4 months after the later of (a) the date of issuance and (b) the date at which Premium Nickel becomes a reporting issuer in any province or territory. To December 31, 2020 and subsequently, the underlying common shares are Restricted. To March 31, 2021, the Company’s total investment constitutes a 9.94% holding (March 31, 2020 – 11.37%) in Premium Nickel. On January 14, 2021, the Company invested a further $50,400 towards the acquisition of common shares of Premium Nickel. A share certificate for 251,000 common shares was issued to the Company on March 23, 2021, representing the Company’s $100,400 investment, of which $50,000 was recorded in advances at December 31, 2020. As at March 31, 2021, the Company had representation on the board, participate in the policy-making process, material transactions between the Company and Premium Nickel, interchange of managerial personnel, provision of essential technical information and operating involvement. Accordingly, the Company determined that it has significant influence in Premium Nickel and has used equity accounting of the investment. Premium Nickel’s financial information at March 31, 2021 was net assets of $1,722,791 which was comprised primarily of cash, and a total comprehensive loss of $169,894 was recorded for the three months period ended March 31, 2021. Details of the Company’s investment at March 31, 2021 is as follows: Investment Balance, December 31, 2020 48 Reallocation of advance 50 Investment 51 Share of loss of Premium Nickel (17 ) Balance, March 31, 2021 132 On January 1, 2020, the Company entered into a Management and Technical Services Agreement (“the Services Agreement”) with Premium Nickel whereby the Company will provide certain technical, corporate, administrative and clerical, office and other services to Premium Nickel during the due diligence stage of the contemplated arrangement. The Company will charge Premium Nickel for expenses incurred and has the right to charge a 2% administrative fee on third party expenses. The Company will invoice Premium Nickel on a monthly basis and payment shall be made by Premium Nickel no later than 15 days after receipt of such invoice. The term of the Service Agreement is for an initial period of 3 years and can be renewed for an additional 1 year period. The Service Agreement can be terminated within 30 days notice, for non-performance, by the Company giving 6 months notice or Premium Nickel within 90 days provided the Company no longer owns at least 10% of the outstanding common shares of Premium Nickel. If Premium Nickel defaults on making payments, the outstanding balance shall be treated as a loan to Premium Nickel, to be evidenced by a promissory note. The promissory note will be payable upon demand and bear interest at a rate equal to the then current lending rate plus 1%, calculated from the date of default. Subsequent payment by Premium Nickel will be first applied to accrued interest and then principle of the invoice. During the three months period ended March 31, 2021, pursuant to the Services Agreement, the Company charged Premium Nickel $161,639 (March 31, 2020 - $309,474) for services and charged $3,233 in administrative fees, received $162,587 (March 31, 2020 – $Nil) and recorded $75,725 in due from Premium Nickel (March 31, 2020 - $371,155). Subsequent to March 31, 2021, the Company received the $75,725 in full from Premium Nickel.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2021
Disclosure of transactions between related parties [abstract]
Related Party Transactions	9. RELATED PARTY TRANSACTIONS The following amounts due to related parties are included in trade payables and accrued liabilities (Note 6): (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 December 31, 2020 Directors and officers of the Company 94 21 Related company 10 7 Total 104 28 These amounts are unsecured, non-interest bearing and have no fixed terms of repayment. The following amount due from related party and advance represent as well as investment in Premium Nickel a private company incorporated in Ontario, in which certain directors and officers of the Company also hold offices and minority investments. (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 December 31, 2020 Due from related party 76 55 Advance - 50 Investment 132 48 Total 208 153 (a) Related party transactions 2020 Sentient Executive GP IV Limited (“Sentient”) and Contemporary Amperex Technology Limited (“CATL”) have historically subscribed to private placements of the Company. As of March 31, 2021, Sentient beneficially owns 36,980,982 common shares, constituting approximately 33.66% of the currently issued and outstanding common shares of the Company. As of March 31, 2021, CATL beneficially owns 22,944,444 common shares, constituting approximately 20.89% of the currently issued and outstanding shares of the Company. CATL has pre-emptive rights and the right to nominate one director to the board of directors of the Company. During the three months period ended March 31, 2021, the Company recorded $11,230 (March 31, 2020 - $35,701) in fees charged by a legal firm in which the Company’s former chairman is a consultant. (b) Key management personnel are defined as members of the Board of Directors and senior officers. Key management compensation was: (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 March 31, 2020 Geological consulting fees – expensed - 5 Management fees – expensed 183 116 Salaries - expensed - 33 Share-based payments 621 671 Total 804 825

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	3 Months Ended
	Mar. 31, 2021
SUPPLEMENTAL CASH FLOW INFORMATION
Supplemental Cash Flow Information	10. SUPPLEMENTAL CASH FLOW INFORMATION Changes in working capital for the three month ended March 31, 2021 and 2020 are as follows: (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 March 31, 2020 (Increase) in accounts receivables (27 ) (264 ) (Increase) in prepaid expenses (15 ) (12 ) Increase (decrease) in trade payables and accrued liabilities 159 (17 ) Total changes in working capital 117 (293 ) During the three months period ended March 31, 2021, the Company: i) transferred $97,953 from reserve to deficit; ii) Transferred $242,901 from reserve to common share capital; iii) recorded $5,568 as the net change for accrued exploration and evaluation expenditures; iv) Reclassed $50,000 from advance to investment in PNR. During the year ended March 31, 2020, the Company: i) transferred $199,971 from reserve to deficit; ii) recorded $44,566 as the net change for accrued exploration and evaluation expenditures; iii) Recorded $33,735 as a further investment in PNR through reduction of amount receivable from PNR.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2021
Disclosure of contingent liabilities [abstract]
Commitments and Contingencies	11. COMMITMENTS AND CONTINGENCIES The Company has certain commitments to meet the minimum expenditures requirements on its exploration and evaluation assets. Further, the Company has a site restoration obligation with respect to its Greenland exploration and evaluation asset. Effective July 1, 2014, the Company had changes to management and entered into the following agreements for services with directors of the Company and a company in which a director has an interest: i) Directors’ fees: $2,000 stipend per month for independent directors and $3,000 stipend per month for the chairman of the board, and $2,500 for committee chairmen. ii) Management fees: $30,951 per month effective June 2018 up to December 31, 2019 and $19,106 per month effective January 1, 2020. Effectively on June 1, 2018, the Company changed the terms with Keith Morrison, the CEO, from direct employment to contracted consultant and entered into a service agreement with his company. Each of the agreements shall be continuous and may only be terminated by mutual agreement of the parties, subject to the provisions that in the event there is a change of effective control of the Company, the party shall have the right to terminate the agreement, within sixty days from the date of such change of effective control, upon written notice to the Company. Within thirty days from the date of delivery of such notice, the Company shall forward to the party the amount of money due and owing to the party hereunder to the extent accrued to the effective date of termination.

Segmented Information

Segmented Information	3 Months Ended
	Mar. 31, 2021
Disclosure of geographical areas [abstract]
Segmented Information	12. SEGMENTED INFORMATION The Company operates in one reportable operating segment being that of the acquisition, exploration and development of mineral properties in two geographic segments being Canada and Greenland (note 7). The Company’s geographic segments are as follows: (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 December 31, 2020 Equipment Canada 5 6 Greenland 7 15 Total 13 21 March 31, 2021 December 31, 2020 Exploration and evaluation assets Canada 2,564 2,538 Greenland 36,604 36,565 Total 39,168 39,103

General and Administrative Expe

General and Administrative Expenses	3 Months Ended
	Mar. 31, 2021
Increase through Environment, Health and Safety Expenses, Exploration and Evaluation Assets
General and Administrative Expenses	13. GENERAL AND ADMINISTRATIVE EXPENSES Details of the general and administrative expenses by nature are presented in the following table: (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 March 31, 2020 Consulting fees 76 48 Filing fees 14 9 General office expenses 17 19 Investor relations 16 3 Management fees 126 116 Professional fees 13 35 Salaries and benefits - 75 Total 262 305

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2021
Disclosure of non-adjusting events after reporting period [abstract]
Subsequent Events	14. SUBSEQUENT EVENTS On April 20, the Company closed a non-brokered private placement consisting of an aggregate of 8,290,665 units of the Company (the “Units”) at a price of $0.24 per unit, for aggregate gross proceeds of $1,989,759.60. Each unit consists of one common share in the capital of the Company and one half transferable common share purchase warrant (“Warrant”) of the Company. Each full Warrant entitles the holder to acquire one common share of the Company within twenty-four (24) months following its issuance date, at a price of $0.35. The warrants are subject to an acceleration clause such that if the closing market price of the common shares on the TSX-V is greater than $0.60 per common share for a period of 10 consecutive trading days at any time after the four-month anniversary of the closing of the placement, the Company may, at its option, accelerate the warrant expiry date to within 30 days. In connection with the private placement, the Company has paid eligible finders (the “Finders”): (i) cash commission equal to 6% of the gross proceeds raised from subscribers introduced to the Company by such Finders, being an aggregate of $57,189.62, and (ii) a number of common share purchase warrants (the “Finder Warrants”) equal to 6% of the units attributable to the Finders under the private placement, being an aggregate of 238,289 Finder Warrants. Each Finder Warrant entitles the Finder to acquire one common share of the Company for a period of twenty-four (24) months following its issuance date, at an exercise price of $0.35.

Basis of Preparation and Sign_2

Basis of Preparation and Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2021
Basis Of Preparation And Significant Accounting Policies
Statement of Compliance	(a) Statement of Compliance These condensed interim consolidated financial statements were prepared in accordance with International Financial Reporting Standards (“IFRS”), including IAS 34 Interim Financial Statements. The condensed interim consolidated financial statements do not include all of the information and disclosures required in the annual financial statements, and should be read in conjunction with the Company’s audited annual financial statements for the year ended December 31, 2020. Any subsequent changes to IFRS that are reflected in the Company’s consolidated financial statements for the year ended December 31, 2021 could result in restatement of these condensed interim consolidated financial statements.
Basis of Preparation	(b) Basis of Preparation These condensed interim consolidated financial statements have been prepared under the historical cost convention, modified by the revaluation of any financial assets and financial liabilities where applicable. The preparation of financial statements in conformity with IFRS requires the use of certain critical accounting estimates. It also requires management to exercise judgment in the process of applying the Company’s accounting policies. The significant accounting policies used in the preparation of these condensed interim consolidated financial statements are consistent with those used in the preparation of the annual consolidated financial statements for the year ended December 31, 2020.
Basis of Consolidation	(c) Basis of consolidation These condensed interim consolidated financial statements include the financial statements of the Company and its wholly-owned subsidiary, North American Nickel (US) Inc. which was incorporated in the State of Delaware on May 22, 2015. Consolidation is required when the Company is exposed, or has rights to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. All intercompany transactions, balances, income and expenses are eliminated upon consolidation.

Receivables and Other Current_2

Receivables and Other Current Assets (Tables)	3 Months Ended
	Mar. 31, 2021
Trade and other current receivables [abstract]
Schedule of Receivables and Other Current Assets	A summary of the receivables and other current assets as of March 31, 2021 is detailed in the table below: (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 December 31, 2020 Sales taxes receivable 28 23 Other current assets (prepaid expenses and amounts receivable) 52 36 80 59

Exploration and Evaluation As_2

Exploration and Evaluation Assets (Tables)	3 Months Ended
	Mar. 31, 2021
EXPLORATION AND EVALUATION ASSETS
Schedule of Exploration and Evaluation Assets	(All amounts in table are expressed in thousands of Canadian dollars) Canada Greenland Post Creek Property Halcyon Property Quetico Claims Lingman Lake Maniitsoq Property Total Acquisition Balance, December 31, 2020 308 238 42 14 46 648 Acquisition costs – cash 5 4 - - - 9 Balance, March 31, 2021 313 242 42 14 46 657 Exploration Balance, December 31, 2020 1,529 252 142 13 36,519 38,455 Property maintenance - - - - 17 17 Drilling - - - - 11 11 Geology 3 3 10 - 11 27 Geophysics - - 1 - - 1 3 3 11 - 39 56 Balance, March 31, 2021 1,532 255 153 13 36,558 38,511 Total, March 31, 2021 1,845 497 195 27 36,604 39,168 Canada Greenland Post Creek Property Halcyon Property Quetico Claims Enid Creek Lingman Lake Maniitsoq Property Total Acquisition Balance, December 31, 2019 298 230 42 83 14 42 709 Acquisition costs – cash 5 4 - - - 4 13 Balance, March 31, 2020 303 234 42 83 14 46 722 Exploration Balance, December 31, 2019 1,498 233 39 33 13 36,108 37,924 Administration - - - - - - - Corporate social - - - - - 1 1 Property maintenance 6 5 1 - - - 12 Drilling - - 2 161 - 10 173 Environmental, health - - - - - - - Geology 4 3 1 55 - 12 75 Geophysics - - 2 65 - - 67 Helicopter charter aircraft (recovery) - - - - - - - Infrastructure - - - - - - - Write-off - - - - - - - 10 8 6 281 - 23 328 Balance, March 31 ,2020 1,508 241 45 314 13 36,131 38,252 Total, March 31, 2020 1,811 475 87 397 27 36,177 38,974

Trade Payables and Accrued Li_2

Trade Payables and Accrued Liabilities (Tables)	3 Months Ended
	Mar. 31, 2021
Trade and other current payables [abstract]
Summary of Trade Payables and Accrued Liabilities	(All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 December 31, 2020 Trade payables 400 290 Amounts due to related parties (Note 9) 104 28 Accrued liabilities 23 44 527 362

Share Capital, Warrants and O_2

Share Capital, Warrants and Options (Tables)	3 Months Ended
	Mar. 31, 2021
SHARE CAPITAL, WARRANTS AND OPTIONS
Schedule of Number and Weighted Average Exercise Prices of Warrants	A summary of common share purchase warrants activity during the three months period ended March 31, 2021 is as follows: March 31, 2021 December 31, 2020 Number Outstanding Weighted Average Exercise Price ($) Number Outstanding Weighted Average Exercise Price ($) Outstanding, beginning of the period 25,715,742 0.11 15,651,397 0.96 Issued - - 21,731,011 0.09 Exercised (6,278,219 ) 0.11 - - Cancelled / expired - - (11,666,666 ) 1.20 Outstanding, end of the period 19,437,523 0.12 25,715,742 0.11
Schedule of Number and Weighted Average Remaining Contractual Life of Outstanding Warrants	At March 31, 2021, the Company had outstanding common share purchase warrants exercisable to acquire common shares of the Company as follows: Warrants Outstanding Expiry Date Exercise Price ($) Weighted Average remaining contractual life (years) 3,359,133 December 18, 2021 0.25 0.12 12,535,581 1 August 13, 2022 0.09 0.88 3,542,809 1 August 31, 2022 0.09 0.26 19,437,523 1.26 1 The warrants are subject to an acceleration clause such that if the volume-weighted average trading price of the Company’s common shares on the TSX-V exceeds $0.12 per common share for a period of 10 consecutive trading days at any date before the expiration date of such warrants, the Company may, at its option, accelerate the warrant expiry date to within 30 days. To March 31, 2021, the Company’s common shares have met the criterion for acceleration. The Company, however, has not accelerated the warrant expiry date.
Schedule of Number and Weighted Average Exercise Prices of Share Options	A summary of option activity under the Plan during the three months period ended March 31, 2021, is as follows: March 31, 2021 December 31, 2020 Number Outstanding Weighted Average Exercise Number Outstanding Weighted Average Exercise Outstanding, beginning of the period 7,978,725 0.17 2,130,550 1.51 Issued 3,185,000 0.32 7,850,000 0.15 Cancelled / expired (603,100 ) 0.33 (2,001,825 ) 1.51 Outstanding, end of the period 10,560,625 0.21 7,978,725 0.17
Schedule of Inputs to Option Pricing Model	The fair value of stock options granted and vested during the years ended March 31, 2021 was calculated using the following assumptions: March 31, 2021 March 31, 2020 Expected dividend yield 0 % 0 % Expected share price volatility 127.83 % 121.55 % Risk free interest rate 0.93 % 1.21 % Expected life of options 5 years 5 years
Schedule of Number and Weighted Average Remaining Contractual Life of Outstanding Share Options	Details of options outstanding as at March 31, 2021 are as follows: Options Outstanding Options Exercisable Expiry Date Exercise Price ($) Weighted average remaining contractual life (years) 40,625 40,625 February 21, 2022 1.20 0.00 35,000 35,000 February 28, 2023 1.20 0.01 6,100,000 6,100,000 February 24, 2025 0.16 2.27 1,200,000 1,200,000 August 19, 2025 0.09 0.50 3,185,000 3,185,000 February 25, 2026 0.32 1.49 10,560,625 10,560,625 4.27

Investment in Premium Nickel _2

Investment in Premium Nickel Resources Inc. (Tables)	3 Months Ended
	Mar. 31, 2021
Disclosure of detailed information about investment property [abstract]
Schedule of Investment	Details of the Company’s investment at March 31, 2021 is as follows: Investment Balance, December 31, 2020 48 Reallocation of advance 50 Investment 51 Share of loss of Premium Nickel (17 ) Balance, March 31, 2021 132

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2021
Disclosure of transactions between related parties [abstract]
Schedule of Amounts Due to Related Parties, Included in Trade Payables and Accrued Liabilities	The following amounts due to related parties are included in trade payables and accrued liabilities (Note 6): (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 December 31, 2020 Directors and officers of the Company 94 21 Related company 10 7 Total 104 28 The following amount due from related party and advance represent as well as investment in Premium Nickel a private company incorporated in Ontario, in which certain directors and officers of the Company also hold offices and minority investments. (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 December 31, 2020 Due from related party 76 55 Advance - 50 Investment 132 48 Total 208 153
Schedule of Key Management Compensation	Key management compensation was: (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 March 31, 2020 Geological consulting fees – expensed - 5 Management fees – expensed 183 116 Salaries - expensed - 33 Share-based payments 621 671 Total 804 825

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	3 Months Ended
	Mar. 31, 2021
SUPPLEMENTAL CASH FLOW INFORMATION
Schedule of Changes in Working Capital	Changes in working capital for the three month ended March 31, 2021 and 2020 are as follows: (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 March 31, 2020 (Increase) in accounts receivables (27 ) (264 ) (Increase) in prepaid expenses (15 ) (12 ) Increase (decrease) in trade payables and accrued liabilities 159 (17 ) Total changes in working capital 117 (293 )

Segmented Information (Tables)

Segmented Information (Tables)	3 Months Ended
	Mar. 31, 2021
Disclosure of geographical areas [abstract]
Schedule of Geographic Segments	The Company’s geographic segments are as follows: (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 December 31, 2020 Equipment Canada 5 6 Greenland 7 15 Total 13 21 March 31, 2021 December 31, 2020 Exploration and evaluation assets Canada 2,564 2,538 Greenland 36,604 36,565 Total 39,168 39,103

General and Administrative Ex_2

General and Administrative Expenses (Tables)	3 Months Ended
	Mar. 31, 2021
Increase through Environment, Health and Safety Expenses, Exploration and Evaluation Assets
Schedule of General and Administrative Expenses	Details of the general and administrative expenses by nature are presented in the following table: (All amounts in table are expressed in thousands of Canadian dollars) March 31, 2021 March 31, 2020 Consulting fees 76 48 Filing fees 14 9 General office expenses 17 19 Investor relations 16 3 Management fees 126 116 Professional fees 13 35 Salaries and benefits - 75 Total 262 305

Receivables and Other Current_3

Receivables and Other Current Assets - Schedule of Receivables and Other Current Assets (Details) - CAD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Trade and other current receivables [abstract]
Sales taxes receivable	$ 28	$ 23
Other current assets (prepaid expenses and amounts receivable)	52	36
Total	$ 80	$ 59

Exploration and Evaluation As_3

Exploration and Evaluation Assets (Details Narrative) - CAD ($)

Feb. 18, 2020

May 04, 2018

Apr. 11, 2016

Aug. 01, 2015

Mar. 04, 2012

Aug. 15, 2011

Mar. 31, 2021

Mar. 31, 2020

Dec. 31, 2020

Dec. 31, 2019

Dec. 31, 2018

Dec. 31, 2016

Dec. 31, 2015

Sep. 25, 2019

Statement Line Items [Line Items]

Acquisition and exploration related cost

$ 59,000

$ 296,000

Post Creek Property [Member]

Statement Line Items [Line Items]

Advances payable annually on net smelter return royalties

$ 10,000

Payments made in advance

5,000

5,000

Exploration and license related expenditures

3,406

9,949

Halcyon Property [Member]

Statement Line Items [Line Items]

Advances payable annually on net smelter return royalties

$ 8,000

Payments made in advance

4,000

4,000

Exploration and license related expenditures

7,406

8,407

Quetico Property [Member]

Statement Line Items [Line Items]

Exploration and license related expenditures

5,517

$ 10,993

Acquisition and exploration related cost

$ 64,256

Exploration claim description

The second anniversary of the recording of a claim and by each anniversary thereafter, a minimum of $400 worth of exploration activity per claim unit must be reported to the Provincial Recording Office.

Quetico Property [Member] | Prior to April 26, 2021 [Member]

Statement Line Items [Line Items]

Total annual work requirement cost

324,000

Loveland (Enid Creek) Property [Member]

Statement Line Items [Line Items]

Acquisition and exploration related cost

$ 437,897

Percentage of interest in property to be acquired on basis of option agreement

100.00%

Acquisition costs

$ 1,525,000

$ 25,000

Issuance of common shares

300,000

300,000

Common shares fair value

$ 51,000

Loveland (Enid Creek) Property [Member] | NSR [Member]

Statement Line Items [Line Items]

Percentage of interest in property to be acquired on basis of option agreement

1.00%

Loveland (Enid Creek) Property [Member] | September 25, 2024 [Member]

Statement Line Items [Line Items]

Acquisition and exploration related cost

$ 4,500,000

Lingman Lake Property [Member]

Statement Line Items [Line Items]

Acquisition and exploration related cost

Maniitsoq Property [Member]

Statement Line Items [Line Items]

Exploration and license related expenditures

$ 38,304

27,527

Percentage of net smelter return royalties

2.50%

Percentage of net smelter return royalties after reduction

1.00%

Payment required to reduce net smelter return royalties

$ 2,000,000

Number of days from decision to commence commercial production to reduce net smelter return royalties

60 days

Period of additional license application for years 11-13

3 years

Period of additional license application after year 13

3 years

License period description

At the expiration of the first license period, the Company may apply for a second license period (years 6-10), and the Company may apply for a further 3-year license for years 11 to 13. Thereafter, the Company may apply for additional 3-year licenses for years 14 to 16, 17 to 19 and 20 to 22. The Company will be required to pay additional license fees and will be obligated to incur minimum eligible exploration expenses for such years.

Restoration obligations

267,000

Sulussugut License [Member]

Statement Line Items [Line Items]

Exploration and license related expenditures

$ 26,665

20,093

License period description

The credits available from each year may be carried forward for 3 years plus 1 year extension and expire between December 31, 2022 to December 2024. The Company has no exploration commitment for 2021 year.

License fee paid

$ 5,742

$ 7,982

$ 26,115,831

Period of additional license application after first period

5 years

Exploration requirement

15,808,386

Exploration cost

56,262,968

Total carried credits

58,776,729

Approved exploration expenditures

179,076

Sulussugut License [Member] | Danish Krone [Member]

Statement Line Items [Line Items]

License fee paid

$ 31,400

$ 40,400

Exploration requirement

$ 83,809,340

Total carried credits

283,945,553

Approved exploration expenditures

865,100

Ininngui License [Member]

Statement Line Items [Line Items]

Exploration and license related expenditures

$ 10,566

2,089

License period description

The Ininngui License was valid for an initial 5 years until December 31, 2016, with December 31, 2012 being the first year. The license was extended for a further 5 years, until December 31, 2021, with December 31, 2017 being the first year. During the year ended December 31, 2020, the Company received one year period license extension, which provides for renewal period until 2022.

The credits available from each year may be carried forward for 3 years plus 1 year extension and expire between December 31, 2022 to December 2024. The Company has no exploration commitment for 2021 year.

License fee paid

$ 5,755

Exploration cost

5,199,578

Total carried credits

6,297,882

Ininngui License [Member] | Danish Krone [Member]

Statement Line Items [Line Items]

License fee paid

$ 32,200

Total carried credits

$ 30,424,551

Ikertoq License [Member]

Statement Line Items [Line Items]

Minimum exploration expenditures and actual spend on exploration costs payable in cash, description

The minimum exploration expenditures on the license in any one year from years 2-5, the Company may pay 50% of the difference in cash to BMP as full compensation for that year. This procedure may not be used for more than 2 consecutive calendar years and as at December 31, 2020, the Company has not used the procedure for the license.

Percentage of difference between minimum exploration expenditures and actual spend on exploration costs payable in cash

50.00%

Carbonatite License [Member]

Statement Line Items [Line Items]

Exploration and license related expenditures

$ 1,073

$ 1,044

License period description

The Carbonatite License is valid for 5 years until December 31, 2022, with December 31, 2020 being the third year. During the year ended December 31, 2020, the Company received one year period license extension, which provides for renewal period until 2023.

The credit available from each year may be carried forward 3 years plus 1 year extension and expire between December 31, 2023 to December 2024. The Company has no exploration commitment for 2021 year.

License fee paid

$ 6,523

Exploration cost

$ 1,504,317

Total carried credits

2,182,706

Carbonatite License [Member] | Danish Krone [Member]

Statement Line Items [Line Items]

License fee paid

$ 31,000

Total carried credits

$ 10,544,473

West Greenland Prospecting License [Member]

Statement Line Items [Line Items]

Exploration and license related expenditures

License period description

The Company was granted new prospective license No. 2020/05, by the BMP of Greenland for a period of 5 years ending December 31, 2024.

License fee paid

$ 4,301

West Greenland Prospecting License [Member] | Danish Krone [Member]

Statement Line Items [Line Items]

License fee paid

$ 21,900

Exploration and Evaluation As_4

Exploration and Evaluation Assets - Schedule of Exploration and Evaluation Assets (Details) - CAD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period
Administration
Balance at the end of the period	39,168	38,974
Canada [Member] | Post Creek Property [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the end of the period	1,845	1,811
Canada [Member] | Halcyon Property [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the end of the period	497	475
Canada [Member] | Quetico Claims [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the end of the period	195	87
Canada [Member] | Loveland (Enid Creek) Property [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the end of the period		397
Greenland [Member] | Lingman Lake [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the end of the period	27	27
Greenland [Member] | Maniitsoq Property [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the end of the period	36,604	36,177
Exploration and Evaluation Assets Arising From Acquisition [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period	648	709
Acquisition costs - cash	9	13
Balance at the end of the period	657	722
Exploration and Evaluation Assets Arising From Acquisition [Member] | Canada [Member] | Post Creek Property [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period	308	298
Acquisition costs - cash	5	5
Balance at the end of the period	313	303
Exploration and Evaluation Assets Arising From Acquisition [Member] | Canada [Member] | Halcyon Property [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period	238	230
Acquisition costs - cash	4	4
Balance at the end of the period	242	234
Exploration and Evaluation Assets Arising From Acquisition [Member] | Canada [Member] | Quetico Claims [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period	42	42
Acquisition costs - cash
Balance at the end of the period	42	42
Exploration and Evaluation Assets Arising From Acquisition [Member] | Canada [Member] | Loveland (Enid Creek) Property [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period		83
Acquisition costs - cash
Balance at the end of the period		83
Exploration and Evaluation Assets Arising From Acquisition [Member] | Greenland [Member] | Lingman Lake [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period	14	14
Acquisition costs - cash
Balance at the end of the period	14	14
Exploration and Evaluation Assets Arising From Acquisition [Member] | Greenland [Member] | Maniitsoq Property [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period	46	42
Acquisition costs - cash		4
Balance at the end of the period	46	46
Exploration and Evaluation Assets Arising From Exploration [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period	38,445	37,924
Administration
Corporate social responsibility		1
Property maintenance	17	12
Drilling	11	173
Environment, health & safety
Geology	27	75
Geophysics	1	67
Helicopter charter aircraft (recovery)
Infrastructure
Write-off
Increase in exploration and evaluation assets	56	328
Balance at the end of the period	38,511	38,252
Exploration and Evaluation Assets Arising From Exploration [Member] | Canada [Member] | Post Creek Property [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period	1,529	1,498
Administration
Corporate social responsibility
Property maintenance		6
Drilling
Environment, health & safety
Geology	3	4
Geophysics
Helicopter charter aircraft (recovery)
Infrastructure
Write-off
Increase in exploration and evaluation assets	3	10
Balance at the end of the period	1,532	1,508
Exploration and Evaluation Assets Arising From Exploration [Member] | Canada [Member] | Halcyon Property [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period	252	233
Administration
Corporate social responsibility
Property maintenance		5
Drilling
Environment, health & safety
Geology	3	3
Geophysics
Helicopter charter aircraft (recovery)
Infrastructure
Write-off
Increase in exploration and evaluation assets	3	8
Balance at the end of the period	255	241
Exploration and Evaluation Assets Arising From Exploration [Member] | Canada [Member] | Quetico Claims [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period	142	39
Administration
Corporate social responsibility
Property maintenance		1
Drilling		2
Environment, health & safety
Geology	10	1
Geophysics	1	2
Helicopter charter aircraft (recovery)
Infrastructure
Write-off
Increase in exploration and evaluation assets	11	6
Balance at the end of the period	153	45
Exploration and Evaluation Assets Arising From Exploration [Member] | Canada [Member] | Loveland (Enid Creek) Property [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period		33
Administration
Corporate social responsibility
Property maintenance
Drilling		161
Environment, health & safety
Geology		55
Geophysics		65
Helicopter charter aircraft (recovery)
Infrastructure
Write-off
Increase in exploration and evaluation assets		281
Balance at the end of the period		314
Exploration and Evaluation Assets Arising From Exploration [Member] | Greenland [Member] | Lingman Lake [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period	13	13
Administration
Corporate social responsibility
Property maintenance
Drilling
Environment, health & safety
Geology
Geophysics
Helicopter charter aircraft (recovery)
Infrastructure
Write-off
Increase in exploration and evaluation assets		13
Balance at the end of the period	13	27
Exploration and Evaluation Assets Arising From Exploration [Member] | Greenland [Member] | Maniitsoq Property [Member]
Disclosure of Exploration and Evaluation Assets [Line Items]
Balance at the beginning of the period	36,519	36,108
Administration
Corporate social responsibility		1
Property maintenance	17
Drilling	11	10
Environment, health & safety
Geology	11	12
Geophysics
Helicopter charter aircraft (recovery)
Infrastructure
Write-off
Increase in exploration and evaluation assets	39	23
Balance at the end of the period	$ 36,558	$ 36,131

Trade Payables and Accrued Li_3

Trade Payables and Accrued Liabilities - Summary of Trade Payables and Accrued Liabilities (Details) - CAD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Trade and other current payables [abstract]
Trade payables	$ 400	$ 290
Amounts due to related parties (Note 9)	104	28
Accrued liabilities	23	44
Trade payables and accrued liabilities	$ 527	$ 362

Share Capital, Warrants and O_3

Share Capital, Warrants and Options (Details Narrative)	Aug. 31, 2020CAD ($)$ / sharesshares	Aug. 13, 2020CAD ($)$ / sharesshares	Mar. 31, 2021CAD ($)OptionInt$ / sharesshares	Mar. 31, 2020CAD ($)Option$ / sharesshares	Mar. 23, 2021shares	Dec. 31, 2020CAD ($)shares
Issue of Equity [Line items]
Share capital issued through exercise of warrants			$ 665,000
Share capital issued through exercise of warrants, shares | shares
Common stock, share issued | shares					251,000
Expected dividend yield			0.00%	0.00%
Risk-free interest rate			0.93%	1.21%
Expected volatility			127.83%	121.55%
Eligible exploration expenditures			$ 39,168,000			$ 39,103,000
Trade payables			7,500
Transfer to deficit for expired options and warrants			97,953	$ 199,971
Expense from share-based payment transactions on grant of options			837,444	884,247
Transfer to common share capital for expired warrants			$ 242,901
Stock Option Plan [Member]
Issue of Equity [Line items]
Period of options granted			5 years	5 years
Number of stock option granted | Option			3,185,000	6,650,000
Stock options exercisable price per share | $ / shares			$ 0.32	$ 0.16
Maximum [Member]
Issue of Equity [Line items]
Percentage of beneficially owns, issued and outstanding			10.00%
Number of votes per share at meeting of holders of preference shares | Int			1
Period from date of issuance when shares become convertible			6 months
Period of notice to convert shares			10 days
Period of options granted			10 years
Non Brokered Private Placement [Member]
Issue of Equity [Line items]
Warrant description	Each warrant will entitle the holder to acquire one common share of the Company at an exercise price of $0.09 for a period of 24 months from its date of issuance. The warrants are subject to an acceleration clause such that if the closing market price of the common shares on the TSX-V is greater than $0.12 per common share for a period of 10 consecutive trading days at any time after the four-month anniversary of the closing of the placement, the Company may, at its option, accelerate the warrant expiry date to within 30 days.
Share issuance costs in cash	$ 124,222
Finder's fee paid in common share purchase warrant | shares	588,154
Exercise price of warrant | $ / shares	$ 0.09
Fair value of warrants issued	$ 716,055
Expected life	2 years
Expected dividend yield	0.00%
Non Brokered Private Placement [Member] | Maximum [Member]
Issue of Equity [Line items]
Risk-free interest rate	0.28%
Expected volatility	158.00%
Non Brokered Private Placement [Member] | Minimum [member]
Issue of Equity [Line items]
Risk-free interest rate	0.31%
Expected volatility	158.53%
Non Brokered Private Placement [Member] | Agent's Warrants [Member]
Issue of Equity [Line items]
Fair value of warrants issued	$ 18,547
Non Brokered Private Placement [Member] | First Tranche [Member]
Issue of Equity [Line items]
Number of units issued | shares		15,481,077
Price of unit issued | $ / shares		$ 0.07
Total gross proceeds		$ 1,083,675
Non Brokered Private Placement [Member] | Second And Final Tranche [Member]
Issue of Equity [Line items]
Number of units issued | shares	5,661,780
Price of unit issued | $ / shares	$ 0.07
Total gross proceeds	$ 396,325
Series 1 Convertible Preferred Shares [Member]
Issue of Equity [Line items]
Authorized capital | shares			100,000,000
Par value per share | $ / shares
Common Stock [Member]
Issue of Equity [Line items]
Share capital issued through exercise of warrants, shares | shares			6,278,219
Common stock, share issued | shares			116,111,867	88,690,791		109,833,648
Common stock, shares outstanding | shares			116,111,867	88,690,791		109,833,648
Share capital			$ 90,534,000			$ 89,627,000
Series 1 Preferred Shares [Member]
Issue of Equity [Line items]
Common stock, shares outstanding | shares			590,931	590,931
Preferred Stock [Member]
Issue of Equity [Line items]
Share capital			$ 591,000			$ 591,000
Conversion value of share | $ / shares			$ 1
Factor by which number of shares on conversion is calculated | $ / shares			$ 9

Share Capital, Warrants and O_4

Share Capital, Warrants and Options - Schedule of Number and Weighted Average Exercise Prices of Warrants (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2021sharesEquityInstruments$ / shares	Dec. 31, 2020shares$ / shares
Statement Line Items [Line Items]
Outstanding at end of the period | EquityInstruments	19,437,523
Post-consolidation Basis [Member]
Statement Line Items [Line Items]
Outstanding at beginning of the period | shares	25,715,742	15,651,397
Issued | shares		21,731,011
Exercised | shares	(6,278,219)
Cancelled / expired | shares		(11,666,666)
Outstanding at end of the period | shares	19,437,523	25,715,742
Weighted Average Exercise Price, Outstanding at beginning of year | $ / shares	$ 0.11	$ 0.96
Weighted Average Exercise Price, Issued | $ / shares		0.09
Weighted Average Exercise Price, Exercised | $ / shares	0.11
Weighted Average Exercise Price, Cancelled / expired | $ / shares		1.20
Weighted Average Exercise Price, Outstanding at end of year | $ / shares	$ 0.12	$ 0.11

Share Capital, Warrants and O_5

Share Capital, Warrants and Options - Schedule of Number and Weighted Average Remaining Contractual Life of Outstanding Warrants (Details)	3 Months Ended
	Mar. 31, 2021EquityInstruments$ / shares
Disclosure of Warrants Outstanding [Line Items]
Warrants outstanding	19,437,523
Weighted average remaining contractual life (years)	1 year 3 months 4 days
Warrants Expiring December 18, 2021 [Member]
Disclosure of Warrants Outstanding [Line Items]
Warrants outstanding	3,359,133
Exercise price | $ / shares	$ 0.25
Weighted average remaining contractual life (years)	1 month 13 days
Warrants Expiring August 13, 2022 [Member]
Disclosure of Warrants Outstanding [Line Items]
Warrants outstanding	12,535,581	[1]
Exercise price | $ / shares	$ 0.09
Weighted average remaining contractual life (years)	10 months 17 days
Warrants Expiring August 31, 2022 [Member]
Disclosure of Warrants Outstanding [Line Items]
Warrants outstanding	3,542,809	[1]
Exercise price | $ / shares	$ 0.09
Weighted average remaining contractual life (years)	3 months 4 days
[1]	The warrants are subject to an acceleration clause such that if the volume-weighted average trading price of the Company's common shares on the TSX-V exceeds $0.12 per common share for a period of 10 consecutive trading days at any date before the expiration date of such warrants, the Company may, at its option, accelerate the warrant expiry date to within 30 days. To March 31, 2021, the Company's common shares have met the criterion for acceleration. The Company, however, has not accelerated the warrant expiry date.

Share Capital, Warrants and O_6

Share Capital, Warrants and Options - Schedule of Number and Weighted Average Remaining Contractual Life of Outstanding Warrants (Details) (Parenthetical) - Warrants [Member]	3 Months Ended
	Mar. 31, 2021$ / shares
Statement Line Items [Line Items]
Exercise price of warrant	$ 0.12
Trading days	10 days

Share Capital, Warrants and O_7

Share Capital, Warrants and Options - Schedule of Number and Weighted Average Exercise Prices of Share Options (Details) - Stock Option Plan [Member]	3 Months Ended		12 Months Ended
	Mar. 31, 2021Option$ / shares	Mar. 31, 2020Option	Dec. 31, 2020Option$ / shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Issued	3,185,000	6,650,000
Post-consolidation Basis [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Outstanding, beginning of the period	7,978,725	2,130,550	2,130,550
Issued	3,185,000		7,850,000
Cancelled / expired	(603,100)		(2,001,825)
Outstanding, end of the period	10,560,625		7,978,725
Weighted Average Exercise Price, Outstanding at beginning of the period | $ / shares	$ 0.17		$ 1.51
Weighted Average Exercise Price, Issued | $ / shares	0.32		0.15
Weighted Average Exercise Price, Cancelled / expired | $ / shares	0.33		1.51
Weighted Average Exercise Price, Outstanding at end of the period | $ / shares	$ 0.21		$ 0.17

Share Capital, Warrants and O_8

Share Capital, Warrants and Options - Schedule of Inputs to Option Pricing Model (Details)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
SHARE CAPITAL, WARRANTS AND OPTIONS
Expected dividend yield	0.00%	0.00%
Expected share price volatility	127.83%	121.55%
Risk free interest rate	0.93%	1.21%
Expected life of options	5 years	5 years

Share Capital, Warrants and O_9

Share Capital, Warrants and Options - Schedule of Number and Weighted Average Remaining Contractual Life of Outstanding Share Options (Details) - Post-consolidation Basis [Member]	3 Months Ended
	Mar. 31, 2021Option$ / shares
Options Expiring February 21, 2022 [Member]
Disclosure of Stock Options Outstanding [Line Items]
Options outstanding	40,625
Options exercisable	40,625
Exercise price | $ / shares	$ 1.20
Weighted average remaining contractual life (years)	0 years
Options Expiring February 28, 2023 [Member]
Disclosure of Stock Options Outstanding [Line Items]
Options outstanding	35,000
Options exercisable	35,000
Exercise price | $ / shares	$ 1.20
Weighted average remaining contractual life (years)	4 days
Options Expiring February 24, 2025 [Member]
Disclosure of Stock Options Outstanding [Line Items]
Options outstanding	6,100,000
Options exercisable	6,100,000
Exercise price | $ / shares	$ 0.16
Weighted average remaining contractual life (years)	2 years 3 months 8 days
Options Expiring August 19, 2025 [Member]
Disclosure of Stock Options Outstanding [Line Items]
Options outstanding	1,200,000
Options exercisable	1,200,000
Exercise price | $ / shares	$ 0.09
Weighted average remaining contractual life (years)	6 months
Options Expiring February 25, 2026 [Member]
Disclosure of Stock Options Outstanding [Line Items]
Options outstanding	3,185,000
Options exercisable	3,185,000
Exercise price | $ / shares	$ 0.32
Weighted average remaining contractual life (years)	1 year 5 months 27 days
Stock Option Plan [Member]
Disclosure of Stock Options Outstanding [Line Items]
Options outstanding	10,560,625
Options exercisable	10,560,625
Weighted average remaining contractual life (years)	4 years 3 months 8 days

Investment in Premium Nickel _3

Investment in Premium Nickel Resources Inc. (Details Narrative) - CAD ($)	Mar. 31, 2021	Jan. 14, 2021	Dec. 31, 2020	Jan. 02, 2020	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020	May 26, 2021	Apr. 20, 2021	Mar. 23, 2021
Statement Line Items [Line Items]
Investment amount										$ 100,400
Net assets	$ 40,185,000		$ 39,644,000		$ 40,185,000		$ 39,644,000
Total comprehensive loss					(1,125,000)	$ (1,198,000)
Common shares issued										251,000
Investment in advance							50,000
Service fees					13,000	35,000
Administrative fees					17,000	$ 19,000
Due from related party	$ 76,000		$ 55,000		$ 76,000		55,000
Non-adjusting Events After Reporting Period [Member]
Statement Line Items [Line Items]
Share price									$ 0.24
Premium Nickel Resources [Member]
Statement Line Items [Line Items]
Acquisition shares value		$ 50,400
Premium Nickel Resources [Member] | Non-adjusting Events After Reporting Period [Member]
Statement Line Items [Line Items]
Investment amount								$ 75,725
Memorandum of Understanding [Member] | Premium Nickel Resources [Member]
Statement Line Items [Line Items]
Number of units subscribed	2,400,000
Share price	$ 0.01				$ 0.01
Investment amount	$ 24,000				$ 24,000
Investment description	The Company's initial investment also included Premium Nickel issuing the Company a non-transferable share purchase warrant (the "Warrant"), which entitles the Company to purchase common shares of Premium Nickel, for up to 15% of the capital of Premium Nickel upon payment of US $10 million prior to the fifth anniversary of the date of issue.
Ownership percentage	9.94%				9.94%	11.37%
Net assets	$ 1,722,791				$ 1,722,791
Total comprehensive loss						$ 169,894
Memorandum of Understanding [Member] | Premium Nickel Resources [Member] | Common Shares [Member]
Statement Line Items [Line Items]
Number of units subscribed			4,657,711
Investment amount			$ 154,164				$ 154,164
Management and Technical Services Agreement [Member] | Premium Nickel Resources [Member]
Statement Line Items [Line Items]
Agreement description				The Company entered into a Management and Technical Services Agreement ("the Services Agreement") with Premium Nickel whereby the Company will provide certain technical, corporate, administrative and clerical, office and other services to Premium Nickel during the due diligence stage of the contemplated arrangement. The Company will charge Premium Nickel for expenses incurred and has the right to charge a 2% administrative fee on third party expenses. The Company will invoice Premium Nickel on a monthly basis and payment shall be made by Premium Nickel no later than 15 days after receipt of such invoice. The term of the Service Agreement is for an initial period of 3 years and can be renewed for an additional 1 year period. The Service Agreement can be terminated within 30 days notice, for non-performance, by the Company giving 6 months notice or Premium Nickel within 90 days provided the Company no longer owns at least 10% of the outstanding common shares of Premium Nickel. If Premium Nickel defaults on making payments, the outstanding balance shall be treated as a loan to Premium Nickel, to be evidenced by a promissory note. The promissory note will be payable upon demand and bear interest at a rate equal to the then current lending rate plus 1%, calculated from the date of default. Subsequent payment by Premium Nickel will be first applied to accrued interest and then principle of the invoice.
Service Agreement [Member] | Premium Nickel Resources [Member]
Statement Line Items [Line Items]
Investment amount	162,587				162,587
Service fees					161,639	309,474
Administrative fees					3,233
Due from related party	$ 75,725				$ 75,725	$ 371,155

Investment in Premium Nickel _4

Investment in Premium Nickel Resources Inc. - Schedule of Investment (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021CAD ($)
Disclosure of detailed information about investment property [abstract]
Balance, December 31, 2020	$ 48
Reallocation of advance	50
Investment	51
Share of loss of Premium Nickel	(17)
Balance, March 31, 2021	$ 132

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - CAD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Sentient [Member]
Disclosure of transactions between related parties [line items]
Number of common shares beneficially owned	36,980,982
Number of common shares beneficially owned, percentage	33.66%
Contemporary Amperex Technology Limited [Member]
Disclosure of transactions between related parties [line items]
Number of common shares beneficially owned	22,944,444
Number of common shares beneficially owned, percentage	20.89%
Former Chairman as Consultant [Member]
Disclosure of transactions between related parties [line items]
Fees charged by a legal firm	$ 11,230	$ 35,701

Related Party Transactions - Sc

Related Party Transactions - Schedule of Amounts Due to Related Parties, Included in Trade Payables and Accrued Liabilities (Details) - CAD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Disclosure of transactions between related parties [line items]
Amounts due to related party	$ 104	$ 28
Due from related party	76	55
Advance		50
Investment	132	48
Total	208	153
Directors and Officers of the Company [Member]
Disclosure of transactions between related parties [line items]
Amounts due to related party	94	21
Related Companies [Member]
Disclosure of transactions between related parties [line items]
Amounts due to related party	$ 10	$ 7

Related Party Transactions - _2

Related Party Transactions - Schedule of Key Management Compensation (Details) - CAD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Disclosure of transactions between related parties [abstract]
Geological consulting fees - expensed		$ 5
Management fees - expensed	183	116
Salaries - expensed		33
Share-based payments	621	671
Total	$ 804	$ 825

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details Narrative) - CAD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
SUPPLEMENTAL CASH FLOW INFORMATION
Amount transferred from reserve to deficit	$ 97,953	$ 199,971
Amount reserve to common share capital	242,901
Accrued exploration and evaluation expenditures	5,568	44,566
Advance to investment	$ 50,000	$ 33,735

Supplemental Cash Flow Inform_4

Supplemental Cash Flow Information - Schedule of Changes in Working Capital (Details) - CAD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
SUPPLEMENTAL CASH FLOW INFORMATION
(Increase) in accounts receivables	$ (27)	$ (264)
(Increase) in prepaid expenses	(15)	(12)
Increase (decrease) in trade payables and accrued liabilities	159	(17)
Total changes in working capital	$ 117	$ (293)

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) - CAD ($)	Jul. 01, 2014	Mar. 31, 2021
Disclosure of contingent liabilities [line items]
Agreement termination period from the date of effective control change		60 days
Payment period		30 days
June 2018 up to December 31, 2019 [Member]
Disclosure of contingent liabilities [line items]
Management fees, per month		$ 30,951
January 1, 2020 [Member]
Disclosure of contingent liabilities [line items]
Management fees, per month		$ 19,106
Independent Directors [Member]
Disclosure of contingent liabilities [line items]
Director fees, stipend per month	$ 2,000
Chairman of Board [Member]
Disclosure of contingent liabilities [line items]
Director fees, stipend per month	3,000
Committee Chairmen [Member]
Disclosure of contingent liabilities [line items]
Director fees, stipend per month	$ 2,500

Segmented Information (Details

Segmented Information (Details Narrative)	3 Months Ended
	Mar. 31, 2021Segment
Disclosure of geographical areas [abstract]
Number of reportable operating segments	1
Number of geographic segments	2

Segmented Information - Schedul

Segmented Information - Schedule of Geographic Segments (Details) - CAD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Disclosure of geographical areas [line items]
Equipment	$ 13	$ 21
Exploration and evaluation assets	39,168	39,103
Canada [Member]
Disclosure of geographical areas [line items]
Equipment	5	6
Exploration and evaluation assets	2,564	2,538
Greenland [Member]
Disclosure of geographical areas [line items]
Equipment	7	15
Exploration and evaluation assets	$ 36,604	$ 36,565

General and Administrative Ex_3

General and Administrative Expenses - Schedule of General and Administrative Expenses (Details) - CAD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Increase through Environment, Health and Safety Expenses, Exploration and Evaluation Assets
Consulting fees	$ 76	$ 48
Filing fees	14	9
General office expenses	17	19
Investor relations	16	3
Management fees	126	116
Professional fees	13	35
Salaries and benefits		75
Total	$ 262	$ 305

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - Apr. 20, 2021 - Non-adjusting Events After Reporting Period [Member]	USD ($)shares	$ / shares
Statement Line Items [Line Items]
Issuance of private placement units | shares	8,290,665
Proceeds from private placement | $	$ 1,989,760
Share price | $ / shares		$ 0.24
Warrants [Member]
Statement Line Items [Line Items]
Warrants description	Each unit consists of one common share in the capital of the Company and one half transferable common share purchase warrant ("Warrant") of the Company. Each full Warrant entitles the holder to acquire one common share of the Company within twenty-four (24) months following its issuance date, at a price of $0.35. The warrants are subject to an acceleration clause such that if the closing market price of the common shares on the TSX-V is greater than $0.60 per common share for a period of 10 consecutive trading days at any time after the four-month anniversary of the closing of the placement, the Company may, at its option, accelerate the warrant expiry date to within 30 days.
Finder Warrants [Member]
Statement Line Items [Line Items]
Warrants description	The Company has paid eligible finders (the "Finders"): (i) cash commission equal to 6% of the gross proceeds raised from subscribers introduced to the Company by such Finders, being an aggregate of $57,189.62, and (ii) a number of common share purchase warrants (the "Finder Warrants") equal to 6% of the units attributable to the Finders under the private placement, being an aggregate of 238,289 Finder Warrants. Each Finder Warrant entitles the Finder to acquire one common share of the Company for a period of twenty-four (24) months following its issuance date, at an exercise price of $0.35.
Commitment percentage	6.00%
Finder's fee paid in common share purchase warrant | shares	238,289
Exercise price of warrant | $ / shares		$ 0.35