Financial risks, current capital deficit of $2,733,431Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they fall due. The Company manages its liquidity needs by carefully monitoring cash outflows due in day-to-day business. As at September 30, 2022, the Company had a working capital deficit of $2,733,431 During the year ended September 30, 2022, the Company had negative cash flows from operations of $1,041,875 (2021 - $1,448,947). The Company’s ability to realize its assets and discharge its liabilities in the normal course of business, meet its corporate administrative expenses and continue its exploration activities in fiscal 2023, is dependent upon Management’s ability to obtain additional financing, through various means including but not limited to equity financing. No assurance can be given that any such additional financing will be available, or that it can be obtained on terms favorable to the Company. As at September 30, 2022, the Company has financial liabilities of $5,856,842 (2021 - $5,796,346) $5,796,842 of which are due within twelve months (2021 - $5,750,608).