$MINE
MAYFAIR GOLD CORP.
CIK:0001823255|SEC Filings
Income Statement |
12 Months Ended | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 31, 2025
$ / shares
|
Dec. 31, 2025
CAD ($)
shares
|
Dec. 31, 2024
$ / shares
|
Dec. 31, 2024
CAD ($)
shares
|
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| Operating expenses | ||||||||||||||||||||||
| Depreciation | [1] | $ 30,426 | $ 58,517 | |||||||||||||||||||
| Exploration and evaluation | [2],[3] | 7,322,650 | 8,416,123 | |||||||||||||||||||
| General and administrative | [2],[4] | 2,290,927 | 5,326,798 | |||||||||||||||||||
| Share-based payments | [2],[5] | 815,478 | 607,048 | |||||||||||||||||||
| Operating Expenses | 10,459,481 | 14,408,486 | ||||||||||||||||||||
| Other income (expenses) | ||||||||||||||||||||||
| Amortization of flow-through premium liability | [6] | 0 | 1,279,110 | |||||||||||||||||||
| Foreign exchange gain (loss) | 3,929 | (13,245) | ||||||||||||||||||||
| Interest income | [7],[8] | 431,174 | 329,989 | |||||||||||||||||||
| Other income | 65,100 | 130,000 | ||||||||||||||||||||
| Loss and comprehensive loss | $ (9,959,278) | $ (12,682,632) | ||||||||||||||||||||
| Loss per share | ||||||||||||||||||||||
| Basic and diluted (Note 1) | $ / shares | [9] | $ (0.17) | $ (0.24) | |||||||||||||||||||
| Weighted average number of common shares outstanding | ||||||||||||||||||||||
| Weighted average number of ordinary shares used in calculating basic earnings per share | shares | [9] | 58,199,000 | 52,103,344 | |||||||||||||||||||
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Statement of Financial Position - CAD ($) |
Dec. 31, 2025 |
Dec. 31, 2024 |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current | ||||||||||||||
| Cash and cash equivalents | [1] | $ 38,193,983 | $ 9,534,129 | |||||||||||
| Other receivables | [2] | 166,961 | 203,700 | |||||||||||
| Current portion of prepaid expenses and deposits | [3] | 416,890 | 202,326 | |||||||||||
| Assets, Current | 38,777,834 | 9,940,155 | ||||||||||||
| Prepaid expenses and deposits | [3] | 120,322 | 152,370 | |||||||||||
| Property, plant and equipment | [4] | 377,198 | 399,322 | |||||||||||
| Mineral properties | [5] | 13,997,500 | 13,997,500 | |||||||||||
| Total assets | 53,272,854 | 24,489,347 | ||||||||||||
| Current | ||||||||||||||
| Accounts payable and accrued liabilities | [2] | 1,167,556 | 749,934 | |||||||||||
| Total liabilities | 1,167,556 | 749,934 | ||||||||||||
| SHAREHOLDERS' EQUITY | ||||||||||||||
| Share capital | [6] | 116,281,919 | 79,605,844 | |||||||||||
| Share-based payments reserve | [6] | 6,309,124 | 4,660,036 | |||||||||||
| Deficit | (70,485,745) | (60,526,467) | ||||||||||||
| Total shareholders' equity | 52,105,298 | 23,739,413 | ||||||||||||
| Total liabilities and shareholders' equity | $ 53,272,854 | $ 24,489,347 | ||||||||||||
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