SEDAR Interim Financial Statements

[
  {
    "companyName": "NORTH VALLEY RESOURCES LTD.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 99844,
      "receivables": 2119,
      "prepaidExpenses": 0,
      "totalCurrentAssets": 101963,
      "explorationAndEvaluationAssets": 119328,
      "totalAssets": 221291,
      "accountsPayableAndAccruedLiabilities": 17523,
      "dueToRelatedParties": 40261,
      "totalCurrentLiabilities": 57784,
      "totalLiabilities": 57784,
      "shareCapital": 679287,
      "reserves": 65967,
      "deficit": -581747,
      "totalShareholdersEquity": 163507,
      "totalLiabilitiesAndShareholdersEquity": 221291,
      "cashPerShare": 0.0058,
      "workingCapitalPerShare": 0.0026
    },
    "incomeStatement": {
      "accountingFees": 0,
      "bankChargesAndInterest": 49,
      "exchangeListingFees": 2625,
      "officeAndGeneral": 4017,
      "legalFees": 10152,
      "managementFees": 7500,
      "netLoss": -24343,
      "netLossAndComprehensiveLoss": -24343,
      "lossPerShareBasicAndDiluted": -0.001,
      "weightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted": 17170652
    },
    "cashFlowStatement": {
      "netLoss": -24343,
      "changesInNonCashWorkingCapitalItems": {
        "prepaidExpenses": 731,
        "otherReceivables": 1320,
        "accountsPayableAndAccruedLiabilities": -12122,
        "dueToRelatedParty": -17659
      },
      "cashUsedInOperatingActivities": -43537,
      "explorationAndEvaluationAssets": -20505,
      "cashUsedInInvestingActivities": -20505,
      "shareSubscriptions": 53000,
      "cashProvidedByFinancingActivities": 53000,
      "netChangeInCash": -11042,
      "cashBeginning": 110866,
      "cashEnding": 99844
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Mineral Property",
        "description": "Barnum Property - 5 mineral claims in Kamloops Mining District, BC. Option to acquire 100% interest.",
        "ownershipPercentage": 100,
        "value": 0,
        "notes": "Impaired to $Nil as at September 30, 2022. Subject to 2% NSR, with option to purchase 1% for $1,000,000."
      },
      {
        "type": "Mineral Property",
        "description": "Comstock Property - 24 mineral claims in Nicola Mining District, BC. Option to acquire 100% interest.",
        "ownershipPercentage": 100,
        "value": 119328,
        "notes": "Carrying value includes acquisition costs and deferred exploration expenditures. Subject to 2% NSR, with option to purchase 1% for $1,000,000."
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited",
      "issuedShares": 17975000,
      "classesOfShares": ["Common shares without par value"],
      "warrants": [],
      "options": [
        {
          "number": 100000,
          "exercisePrice": 0.1,
          "expiryDate": "2026-05-06"
        },
        {
          "number": 300000,
          "exercisePrice": 0.1,
          "expiryDate": "2029-11-01"
        },
        {
          "number": 700000,
          "exercisePrice": 0.1,
          "expiryDate": "2030-10-20"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "threeMonthsEndedDecember312025": {
          "salaries": 0,
          "shareBased": 0,
          "bonus": 0,
          "total": 0
        },
        "threeMonthsEndedDecember312024": {
          "salaries": 0,
          "shareBased": 0,
          "bonus": 0,
          "total": 0
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Company controlled by directors",
          "description": "Management and consulting fees",
          "amount": 7500,
          "period": "Three months ended December 31, 2025"
        },
        {
          "counterparty": "Company controlled by directors",
          "description": "Operating expenses and exploration expenditures payable",
          "amount": 25260,
          "period": "As at December 31, 2025"
        },
        {
          "counterparty": "Director",
          "description": "Shares issued pursuant to Comstock Property option agreement",
          "amount": 200000,
          "period": "Three months ended December 31, 2025"
        },
        {
          "counterparty": "Director",
          "description": "Amount payable",
          "amount": 15001,
          "period": "As at December 31, 2025"
        }
      ]
    },
    "subsequentEvents": [
      {
        "eventDate": "2026-02-18",
        "description": "Financial statements approved by the Board of Directors.",
        "impactValue": null
      }
    ]
  }
]