93 unchanged sentences
work expenditures to be completed towards the earn-in the Cable Project.
−Removed: As of June 30, 2025, the Cable Project mineral rights and properties
−Removed: balance was $100,000.
+Added: As of September 30, 2025, the Cable Project mineral rights and
+Added: properties balance was $100,000.
Our current focus is to advance the Cable Project
10 unchanged sentences
Results of Operations for the three months
−Removed: ended June 30, 2025 and 2024
−Removed: Three months ended June 30,
+Added: ended September 30, 2025 and 2024
+Added: Three months ended September 30,
Operating expenses:
4 unchanged sentences
Interest expense
+Added: Gain on conversion of debt
Gain (loss) on change in derivative liability
Total other income (expense)
−Removed: Net income (loss)
Operating expenses
−Removed: three months ended June 30, 2025, our total operating expenses included general and administrative expenses of $47,314 as
−Removed: compared to $71,817 during the three months ended June 30, 2024.
−Removed: The $24,503 change was mainly related to a decrease in professional fees.
−Removed: Other expense
−Removed: three months ended June 30, 2025, total other income was $49,705 as compared to other expense of $2,320 during the three months ended
−Removed: June 30, 2024.
+Added: three months ended September 30, 2025, our total operating expenses included general and administrative expenses of $31,603 as
+Added: compared to $107,170 during the three months ended September 30, 2024.
+Added: The $75,567 change was mainly related to a decrease in claim fees
+Added: and professional fees.
+Added: three months ended September 30, 2025, total other expense was $121,674 as compared to other income of $40,568 during the
+Added: three months ended September 30, 2024.
The $162,242 change was mainly related to change in derivative liability.
−Removed: Results of Operations for the six months
−Removed: ended June 30, 2025 and 2024
−Removed: Six months ended June 30,
+Added: Results of Operations for the nine months
+Added: ended September 30, 2025 and 2024
+Added: Nine months ended September 30,
Operating expenses:
4 unchanged sentences
Interest expense
−Removed: Loss on conversion of debt
+Added: Gain (loss) on conversion of debt
Gain (loss) on change in derivative liability
1 unchanged sentence
Operating expenses
−Removed: the six months ended June 30, 2025, our total operating expenses included general and administrative expenses of $105,350 as
−Removed: compared to $172,181 during the six months ended June 30, 2024.
−Removed: The $66,831 change was mainly related to a decrease in stock-based compensation
−Removed: and professional fees.
−Removed: Other expense
−Removed: six months ended June 30, 2025, total other expense was $76,399 as compared to other expense of $32,221 during the six months ended
−Removed: June 30, 2024.
−Removed: The $44,178 change was mainly related to interest expense on debt, change in derivative liability and loss on conversion
+Added: the nine months ended September 30, 2025, our total operating expenses included general and administrative expenses of $136,953
+Added: as compared to $279,351 during the nine months ended September 30, 2024.
+Added: The $142,398 change was
+Added: mainly related to a decrease in stock-based compensation, claim fees and professional fees.
+Added: Other income (expense)
+Added: nine months ended September 30, 2025, total other expense was $198,073 as compared to other income of $8,347 during the nine months
+Added: ended September 30, 2024.
+Added: The $206,420 change was mainly related to interest expense on debt, change in derivative liability and loss
+Added: on conversion of debt.
Liquidity and Capital Resources
5 unchanged sentences
unable to continue as a going concern.
−Removed: At June 30, 2025, we had not yet generated sufficient revenues or achieved profitable operations,
+Added: At September 30, 2025, we had not yet generated sufficient revenues or achieved profitable operations,
and we have accumulated losses of $22,098,614.
9 unchanged sentences
operating, investing and financing activities is as follows:
−Removed: Six months ended June 30,
+Added: Nine months ended September 30,
Net cash used in operating activities
3 unchanged sentences
Cash end of period
−Removed: At June 30, 2025, we had $589 in cash and a $1,958,391
−Removed: working capital deficit.
+Added: At September 30, 2025, we had $388 in cash and
+Added: a $2,105,675 working capital deficit.
This compares to cash of $896 and a working capital deficit of $1,981,883 at December 31, 2024.
−Removed: Net cash used in operating activities during the
−Removed: six months ended June 30, 2025 was $26,917 and was mainly comprised of our $181,749 net loss during the period, adjusted by non-cash
−Removed: charges of $14,259 of stock compensation, loss on conversion of debt of $19,950 and a loss on change in derivative liability of $15,042.
+Added: Net cash used in operating activities during
+Added: the nine months ended September 30, 2025 was $27,118 and was mainly comprised of our $335,026 net loss during the period, adjusted by
+Added: non-cash charges of $20,252 of stock compensation, loss on conversion of debt of $19,950 and a loss on change in derivative liability
In addition, it reflects changes in operating assets and liabilities of $149,254.
Net cash used in operating
−Removed: activities during the six months ended June 30, 2024 was $110,186 and was mainly comprised of our $204,402 net loss during the period,
−Removed: adjusted by a non-cash charges of $51,495 of stock compensation and a gain on change in derivative liability of $9,375.
+Added: activities during the nine months ended September 30, 2024 was $122,557 and was mainly comprised of our $271,004 net loss during the period,
+Added: adjusted by non-cash charges of $57,408 of stock compensation and a gain on change in derivative liability of $55,572.
In addition, it
reflects changes in operating assets and liabilities of $162,940.
−Removed: During the six
−Removed: months ended June 30, 2025, net cash provided by financing activities was $26,610 comprised of $140,000 in proceeds from sale of
−Removed: common stock were offset by repayment of notes payable of $20,000 and repayment of advances of $93,390.
−Removed: During the six months
−Removed: ended June 30, 2024, net cash provided by financing activities was $114,000 comprised of proceeds from notes payable related parties which
−Removed: were offset by repayment of notes payable.
+Added: During the nine months
+Added: ended September 30, 2025, net cash provided by financing activities was $26,610 comprised of $140,000 in proceeds from sale of common
+Added: stock offset by repayment of notes payable of $20,000 and repayment of advances of $93,390.
+Added: During the nine months
+Added: ended September 30, 2024, net cash provided by financing activities was $138,500 comprised of proceeds from notes payable related parties
+Added: and advances from third parties which were offset by repayment of notes payable.
Off Balance Sheet Arrangements
21 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.