$WSTRF
Western Uranium & Vanadium Corp. Stock $wstrf

$wstrf Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-Q Financial Statement

#000121390022050083 Filed on August 22, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2022 Q1
Revenue	$108.5K	$7.347M	$156.2K
YoY Change	571.7%	45375.99%	866.77%
Cost Of Revenue		$4.044M	$289.0K
YoY Change			503.93%
Gross Profit	$108.5K	$3.303M	-$132.8K
YoY Change	-134.04%	20342.98%	318.96%
Gross Profit Margin	100.0%	44.95%	-85.01%
Selling, General & Admin	$467.4K	$888.5K	$1.039M
YoY Change	-8.41%	139.31%	303.24%
% of Gross Profit	430.55%	26.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$13.56K	$0.00	$5.910K
YoY Change		-100.0%	122.18%
% of Gross Profit	12.49%	0.0%
Operating Expenses	$671.9K	$1.011M	$1.039M
YoY Change	31.67%	145.82%	303.24%
Operating Profit	-$563.3K	$2.291M	-$1.171M
YoY Change	-32.06%	-679.87%	304.96%
Interest Expense	$41.83K	$1.380K	-$2.160K
YoY Change	-3221.64%	-238.0%	-7.69%
% of Operating Profit		0.06%
Other Income/Expense, Net		$4.000K	-$2.580K
YoY Change
Pretax Income	-$527.5K	$2.280M	-$1.174M
YoY Change	-36.48%	-580.3%	302.46%
Income Tax
% Of Pretax Income
Net Earnings	-$527.5K	$2.280M	-$1.174M
YoY Change	-36.48%	-580.3%	302.45%
Net Earnings / Revenue	-485.99%	31.03%	-751.2%
Basic Earnings Per Share	-$0.01	$0.05	-$0.03
Diluted Earnings Per Share	-$0.01	$0.05	-$28.59K
COMMON SHARES
Basic Shares Outstanding	43.31M shares	43.14M shares	41.05M shares
Diluted Shares Outstanding	43.51M shares	45.32M shares	41.05M shares

Balance Sheet

Concept	2022 Q3	2022 Q2	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$10.47M	$11.25M	$2.800M
YoY Change	135.43%	113.05%	-32.08%
Cash & Equivalents	$10.47M	$11.24M	$3.539M
Short-Term Investments	$930.00	$1.190K	$1.740K
Other Short-Term Assets	$45.25K	$80.35K	$4.693M
YoY Change	-85.1%	-66.81%	2173.0%
Inventory
Prepaid Expenses	$299.4K	$284.1K
Receivables
Other Receivables
Total Short-Term Assets	$10.89M	$11.69M	$7.493M
YoY Change	129.22%	111.67%	73.1%
LONG-TERM ASSETS
Property, Plant & Equipment	$12.66M	$12.41M	$12.14M
YoY Change	7.33%	5.24%	2.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$676.4K	$665.4K	$665.4K
YoY Change	-17.7%	-19.03%	-20.0%
Total Long-Term Assets	$22.82M	$22.56M	$22.30M
YoY Change	3.25%	2.09%	0.81%
TOTAL ASSETS
Total Short-Term Assets	$10.89M	$11.69M	$7.493M
Total Long-Term Assets	$22.82M	$22.56M	$22.30M
Total Assets	$33.71M	$34.25M	$29.79M
YoY Change	25.54%	23.99%	12.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$353.4K	$493.6K	$340.3K
YoY Change	-24.23%	42.64%	-2.25%
Accrued Expenses	$219.5K	$181.3K	$164.0K
YoY Change	40.45%	10.43%	12.62%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$708.0K	$814.5K	$643.9K
YoY Change	-5.12%	22.54%	1.67%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$544.1K	$589.9K	$601.3K
YoY Change	-19.73%	-16.34%	-15.08%
Total Long-Term Liabilities	$544.1K	$589.9K	$601.3K
YoY Change	-19.73%	-16.34%	-15.08%
TOTAL LIABILITIES
Total Short-Term Liabilities	$708.0K	$814.5K	$643.9K
Total Long-Term Liabilities	$544.1K	$589.9K	$601.3K
Total Liabilities	$3.961M	$4.113M	$3.954M
YoY Change	-4.16%	0.85%	-2.38%
SHAREHOLDERS EQUITY
Retained Earnings	-$12.58M	-$12.06M
YoY Change
Common Stock	$42.58M	$42.29M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares	306.0 shares	306.0 shares
Shareholders Equity	$29.75M	$30.14M	$25.84M
YoY Change
Total Liabilities & Shareholders Equity	$33.71M	$34.25M	$29.79M
YoY Change	25.54%	23.99%	12.65%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2022 Q1
OPERATING ACTIVITIES
Net Income	-$527.5K	$2.280M	-$1.174M
YoY Change	-36.48%	-580.3%	302.45%
Depreciation, Depletion And Amortization	$13.56K	$0.00	$5.910K
YoY Change		-100.0%	122.18%
Cash From Operating Activities	-$646.2K	$6.908M	-$1.087M
YoY Change	-21.45%	-1568.28%	283.48%
INVESTING ACTIVITIES
Capital Expenditures	-$259.5K	-$266.0K	-$369.9K
YoY Change			469.08%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$259.5K	-$266.0K	-$369.9K
YoY Change			469.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	289.1K	1.989M	3.354M
YoY Change	449.43%	24.54%	-13.32%
NET CHANGE
Cash From Operating Activities	-646.2K	6.908M	-1.087M
Cash From Investing Activities	-259.5K	-266.0K	-369.9K
Cash From Financing Activities	289.1K	1.989M	3.354M
Net Change In Cash	-616.6K	8.631M	1.897M
YoY Change	-19.93%	665.91%	-46.13%
FREE CASH FLOW
Cash From Operating Activities	-$646.2K	$6.908M	-$1.087M
Capital Expenditures	-$259.5K	-$266.0K	-$369.9K
Free Cash Flow	-$386.7K	$7.174M	-$717.2K
YoY Change	-53.0%	-1624.82%	228.26%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	000-55626
	dei	Entity Registrant Name EntityRegistrantName	WESTERN URANIUM & VANADIUM CORP.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	A6
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	98-1271843
	dei	Entity Address Address Line1 EntityAddressAddressLine1	330 Bay Street,
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 1400
	dei	Entity Address City Or Town EntityAddressCityOrTown	Toronto
	dei	Entity Address Country EntityAddressCountry	CA
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	M5H 2S8
	dei	City Area Code CityAreaCode	(970)
	dei	Local Phone Number LocalPhoneNumber	864-2125
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	43314338	shares
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11244681	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	880821	usd
CY2022Q2	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	75057	usd
CY2021Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	75057	usd
CY2021Q4	us-gaap	Inventory Net InventoryNet	4085723	usd
CY2022Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	284063	usd
CY2021Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	153701	usd
CY2022Q2	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	1191	usd
CY2021Q4	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	2120	usd
CY2022Q2	us-gaap	Other Assets Current OtherAssetsCurrent	80345	usd
CY2021Q4	us-gaap	Other Assets Current OtherAssetsCurrent	264039	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	11685337	usd
CY2021Q4	us-gaap	Assets Current AssetsCurrent	5461461	usd
CY2022Q2	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	665429	usd
CY2021Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	665389	usd
CY2022Q2	us-gaap	Mineral Properties Net MineralPropertiesNet	12410111	usd
CY2021Q4	us-gaap	Mineral Properties Net MineralPropertiesNet	11780142	usd
CY2022Q2	wstrf	Ablation Intellectual Property AblationIntellectualProperty	9488051	usd
CY2021Q4	wstrf	Ablation Intellectual Property AblationIntellectualProperty	9488051	usd
	us-gaap	Gross Profit GrossProfit	3458789	usd
	us-gaap	Gross Profit GrossProfit	32310	usd
CY2022Q2	us-gaap	Assets Assets	34248928	usd
CY2021Q4	us-gaap	Assets Assets	27395043	usd
CY2022Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	674816	usd
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	699593	usd
CY2022Q2	us-gaap	Accrued Reclamation Costs Current AccruedReclamationCostsCurrent	75057	usd
CY2021Q4	us-gaap	Accrued Reclamation Costs Current AccruedReclamationCostsCurrent	75057	usd
CY2021Q4	wstrf	Subscription Payable SubscriptionPayable	146177	usd
CY2022Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	64620	usd
CY2021Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	48465	usd
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	814493	usd
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	969292	usd
CY2022Q2	us-gaap	Mine Reclamation And Closing Liability Noncurrent MineReclamationAndClosingLiabilityNoncurrent	216425	usd
CY2021Q4	us-gaap	Mine Reclamation And Closing Liability Noncurrent MineReclamationAndClosingLiabilityNoncurrent	196563	usd
CY2022Q2	wstrf	Deferred Tax Liability DeferredTaxLiability	2708887	usd
CY2021Q4	wstrf	Deferred Tax Liability DeferredTaxLiability	2708887	usd
CY2022Q2	us-gaap	Business Combination Contingent Consideration Liability Noncurrent BusinessCombinationContingentConsiderationLiabilityNoncurrent	345732	usd
CY2021Q4	us-gaap	Business Combination Contingent Consideration Liability Noncurrent BusinessCombinationContingentConsiderationLiabilityNoncurrent	362794	usd
CY2022Q2	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	27705	usd
CY2021Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	60015	usd
CY2022Q2	us-gaap	Liabilities Liabilities	4113242	usd
CY2021Q4	us-gaap	Liabilities Liabilities	4297551	usd
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	43314644	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	39073428	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	43314338	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	39073122	shares
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	42291884	usd
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	36195510	usd
CY2022Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	306	shares
CY2021Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	306	shares
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-12055549	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-13161496	usd
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-100649	usd
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	63478	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	30135686	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	23097492	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	34248928	usd
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	27395043	usd
CY2022Q2	us-gaap	Revenues Revenues	7346646	usd
CY2021Q2	us-gaap	Revenues Revenues	16155	usd
	us-gaap	Revenues Revenues	7502872	usd
	us-gaap	Revenues Revenues	32310	usd
CY2022Q2	us-gaap	Cost Of Revenue CostOfRevenue	4044083	usd
	us-gaap	Cost Of Revenue CostOfRevenue	4044083	usd
CY2022Q2	us-gaap	Gross Profit GrossProfit	3302563	usd
CY2021Q2	us-gaap	Gross Profit GrossProfit	16155	usd
CY2022Q2	wstrf	Mining Expenditures MiningExpenditures	122588	usd
CY2021Q2	wstrf	Mining Expenditures MiningExpenditures	40034	usd
	wstrf	Mining Expenditures MiningExpenditures	411626	usd
	wstrf	Mining Expenditures MiningExpenditures	87893	usd
CY2022Q2	us-gaap	Professional Fees ProfessionalFees	212459	usd
CY2021Q2	us-gaap	Professional Fees ProfessionalFees	104481	usd
	us-gaap	Professional Fees ProfessionalFees	348519	usd
	us-gaap	Professional Fees ProfessionalFees	150868	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	655757	usd
CY2021Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	262799	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1518819	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	473980	usd
CY2022Q2	wstrf	Consulting Fees ConsultingFees	20307	usd
CY2021Q2	wstrf	Consulting Fees ConsultingFees	4009	usd
	wstrf	Consulting Fees ConsultingFees	59819	usd
	wstrf	Consulting Fees ConsultingFees	4009	usd
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	1011111	usd
CY2021Q2	us-gaap	Operating Expenses OperatingExpenses	411323	usd
	us-gaap	Operating Expenses OperatingExpenses	2338783	usd
	us-gaap	Operating Expenses OperatingExpenses	716750	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	2291452	usd
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-395168	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1120006	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-684440	usd
CY2022Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-15902	usd
CY2021Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-1001	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-18059	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-3343	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	4000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	4000	usd
CY2021Q2	wstrf	Settlement Expense SettlementExpense	78441	usd
	wstrf	Settlement Expense SettlementExpense	78441	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	2279550	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-474610	usd
	us-gaap	Net Income Loss NetIncomeLoss	1105947	usd
	us-gaap	Net Income Loss NetIncomeLoss	-766224	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-220788	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	24930	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-164127	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	69894	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2058762	usd
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-449680	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	941820	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-696330	usd
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.03
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43142312	shares
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	37733961	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	42102885	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35241493	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45321130	shares
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	37733961	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45248896	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	35241493	shares
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	23097492	usd
CY2022Q1	wstrf	Private Placement January Twenty Two Thousand Twenty Two PrivatePlacementJanuaryTwentyTwoThousandTwentyTwo	3011878	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	502145	usd
CY2022Q1	wstrf	Stock Issued During Period Value Warrants Exercised StockIssuedDuringPeriodValueWarrantsExercised	341850	usd
CY2022Q1	wstrf	Foreign Exchange Loss ForeignExchangeLoss	56661	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-1173603	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	25836423	usd
CY2022Q2	wstrf	Stock Issued During Period Value Warrants Exercised StockIssuedDuringPeriodValueWarrantsExercised	1989427	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	251074	usd
CY2022Q2	wstrf	Foreign Exchange Loss ForeignExchangeLoss	-220788	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	2279550	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	30135686	usd
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	18773366	usd
CY2021Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	1950509	usd
CY2021Q1	wstrf	Stock Issued During Period Sale O Private Placement StockIssuedDuringPeriodSaleOPrivatePlacement	1918797	usd
CY2021Q1	wstrf	Foreign Exchange Loss ForeignExchangeLoss	44964	usd
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-291614	usd
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	22396022	usd
CY2021Q2	wstrf	Stock Issued During Period Value Warrants Exercised StockIssuedDuringPeriodValueWarrantsExercised	1597416	usd
CY2021Q2	wstrf	Foreign Exchange Loss ForeignExchangeLoss	24930	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-474610	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	23543758	usd
	us-gaap	Net Income Loss NetIncomeLoss	1105947	usd
	us-gaap	Net Income Loss NetIncomeLoss	-766224	usd
	us-gaap	Depreciation Depreciation	5908	usd
	us-gaap	Depreciation Depreciation	8564	usd
	wstrf	Discontinuation Of Reclamation Liability DiscontinuationOfReclamationLiability	19862	usd
	wstrf	Discontinuation Of Reclamation Liability DiscontinuationOfReclamationLiability	2867	usd
	wstrf	Increase Decrease In Warrant Modification Expenses IncreaseDecreaseInWarrantModificationExpenses	753219	usd
	wstrf	Change In Marketable Securities ChangeInMarketableSecurities	929	usd
	wstrf	Change In Marketable Securities ChangeInMarketableSecurities	-375	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-4085723	usd
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2022Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	4853826	shares
CY2021Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	14632331	shares
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-53332	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	18856	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-24778	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	52388	usd
	us-gaap	Increase Decrease In Payables To Customers IncreaseDecreaseInPayablesToCustomers	-146177	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-16155	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-32310	usd
	wstrf	Increase Decrease In Reclamation Liabilities IncreaseDecreaseInReclamationLiabilities	17062	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5820748	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-753946	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	635876	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	65000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-635876	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-65000	usd
	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement	3011878	usd
	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	2331277	usd
	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	1597416	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	3869306	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	5343155	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	5466722	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-164127	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	52788	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	10363900	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	4700564	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1621267	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1472061	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11985167	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6172625	usd
CY2022Q2	us-gaap	Cash Cash	11244681	usd
CY2021Q2	us-gaap	Cash Cash	5275792	usd
CY2022Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	75057	usd
CY2021Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	75057	usd
CY2022Q2	us-gaap	Restricted Cash RestrictedCash	665429	usd
CY2021Q2	us-gaap	Restricted Cash RestrictedCash	821776	usd
CY2022Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	11985167	usd
CY2021Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	6172625	usd
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
	wstrf	Accretion Reclamation Obligation AccretionReclamationObligation	19862	usd
	wstrf	Accretion Reclamation Obligation AccretionReclamationObligation	5536	usd
	wstrf	Discontinuation Of Reclamation Liabilitys DiscontinuationOfReclamationLiabilitys	2669	usd
CY2022Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	291482	usd
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.03
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2022Q2	us-gaap	Net Investment Income NetInvestmentIncome	2279550	usd
CY2022Q2	us-gaap	Retained Earnings Appropriated RetainedEarningsAppropriated	12055549	usd
	wstrf	Working Capital Deficit WorkingCapitalDeficit	10870844	usd
	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement	3011878	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of these condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities at the date of the financial statements and revenues and expenses during the periods reported. By their nature, these estimates are subject to measurement uncertainty, and the effects on the condensed consolidated financial statements of changes in such estimates in future periods could be significant. Significant areas requiring management’s estimates and assumptions include the determination of the fair value of transactions involving common shares, assessment of the useful life and evaluation for impairment of Kinetic Separation intellectual property, valuation and impairment assessments of mineral properties and equipment, valuation of deferred contingent consideration, valuation of the reclamation liability, valuation of stock-based compensation, and valuation of available-for-sale securities. Other areas requiring estimates include allocations of expenditures, depletion, and amortization of mineral rights and properties. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"/>
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	2279550	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-474610	usd
	us-gaap	Net Income Loss NetIncomeLoss	1105947	usd
	us-gaap	Net Income Loss NetIncomeLoss	-766224	usd
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43142312	shares
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	37733961	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	42102885	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35241493	shares
CY2022Q2	us-gaap	Dilutive Securities DilutiveSecurities	2178818	usd
	us-gaap	Dilutive Securities DilutiveSecurities	3146011	usd
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45321130	shares
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	37733961	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45248896	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	35241493	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3953826	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	14632331	shares
	wstrf	Mineral Assets Equipment And Kinetic Separation Intellectual Property And Other Property MineralAssetsEquipmentAndKineticSeparationIntellectualPropertyAndOtherProperty	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-variant: small-caps; text-transform: uppercase"><b>NOTE 4 – MINERAL ASSETS equipment, Kinetic separation INTELLECTUAL PROPERTY, AND OTHER PROPERTY</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-variant: small-caps; text-transform: uppercase"><b> </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s mining properties acquired on August 18, 2014 that the Company retains as of June 30, 2022 include: The San Rafael Uranium Project located in Emery County, Utah; The Sunday Mine Complex located in western San Miguel County, Colorado; The Van 4 Mine located in western Montrose County, Colorado; The Sage Mine located in San Juan County, Utah, and San Miguel County, Colorado. These mining properties include leased land in the states of Colorado and Utah. None of these mining properties were operational at the date of acquisition.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s mining properties acquired on September 16, 2015 that the Company retains as of June 30, 2022 include Hansen, North Hansen and Hansen Picnic Tree located in Fremont and Teller Counties, Colorado. The Company also acquired the Keota project located in Weld County, Colorado and the Ferris Haggerty project located in Carbon County Wyoming. These mining assets include both owned and leased land in the states of Utah, Colorado, and Wyoming. All of the mining assets represent properties which have previously been mined, to different degrees, for uranium.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As the Company has not formally established proven or probable reserves on any of its properties, there is inherent uncertainty as to whether or not any mineralized material can be economically extracted as originally planned and anticipated.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s mineral properties and equipment and kinetic separation intellectual property are:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: justify"> </td><td style="white-space: nowrap; padding-bottom: 1.5pt"> </td> <td colspan="2" style="white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid">As of <br/>June 30,<br/> 2022</td><td style="white-space: nowrap; padding-bottom: 1.5pt"> </td><td style="white-space: nowrap; padding-bottom: 1.5pt"> </td> <td colspan="2" style="white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid">As of <br/>December 31, <br/> 2021</td><td style="white-space: nowrap; padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left; text-indent: -10pt; padding-left: 10pt">Mineral properties and equipment</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">12,410,111</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">11,780,142</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -10pt; padding-left: 10pt">Kinetic separation intellectual property</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">9,488,051</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">9,488,051</td><td style="text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i> </i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i>Oil and Gas Lease and Easement</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company entered into an oil and gas lease that became effective with respect to minerals and mineral rights owned by the Company of approximately 160 surface acres of the Company’s property in Colorado. As consideration for entering into the lease, the lessee has agreed to pay the Company a royalty from the lessee’s revenue attributed to oil and gas produced, saved, and sold attributable to the net mineral interest. The Company has also received cash payments from the lessee related to the easement that the Company is recognizing incrementally over the eight year term of the easement.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On June 23, 2020, the same entity, as discussed above, elected to extend the oil and gas lease easement for three additional years, commencing on the date the lease would have previously expired. During 2021, the operator completed all well development stages, and each of the eight (8) Blue Teal Fed wells commenced oil and gas production by mid-August 2021. On January 31, 2022, the operator of the Weld County Colorado oil and gas pooled trust issued the first cumulative royalty payment check in the amount of $207,552 for August 2021 through December 2021 sales which was recognized as income in the fourth quarter of 2021. Royalty receipts were received monthly as earned during each of the months in the first two quarters of 2022</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During the three months ended June 30, 2022 and 2021, the Company recognized aggregate revenue of $123,037 and $16,155, respectively, and for the six months ended June 30, 2022 and 2021, the Company recognized aggregate revenue of $279,263 and $32,310, respectively, under these oil and gas lease arrangements.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i>Reclamation Liabilities</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i> </i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s mines are subject to certain asset retirement obligations, which the Company has recorded as reclamation liabilities. The reclamation liabilities of the United States mines are subject to legal and regulatory requirements, and estimates of the costs of reclamation are reviewed periodically by the applicable regulatory authorities. The reclamation liability represents the Company’s best estimate of the present value of future reclamation costs in connection with the mineral properties. The Company determined the gross reclamation liabilities of the mineral properties to be $740,446 as of June 30, 2022 and December 31, 2021. On March 2, 2020, the Colorado Mined Land Reclamation Board (“MLRB”) issued an order vacating the Van 4 Temporary Cessation, terminating mining operations and ordering commencement of final reclamation. The Company has begun the reclamation of the Van 4 Mine. The reclamation cost is fully covered by the reclamation bonds posted upon acquisition of the property. The Company adjusted the fair value of its reclamation obligation for the Van 4 Mine. The portion of the reclamation liability related to the Van 4 Mine and its related restricted cash are included in current liabilities and current assets, respectively, at a value of $75,057. The Company expects to begin incurring the reclamation liability after 2054 for all mines that are not in reclamation and accordingly, has discounted the gross liabilities over their remaining lives using a discount rate of 5.4%. The net discounted aggregated values as of June 30, 2022 and December 31, 2021 were $291,482 and $271,620, respectively. The gross reclamation liabilities as of June 30, 2022 and December 31, 2021 are secured by financial warranties in the amount of $740,486 and $740,446, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Reclamation liability activity for the six months ended June 30, 2022 and 2021 consists of:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: normal; padding-bottom: 1.5pt"> </td> <td colspan="6" style="font-weight: normal; text-align: center; border-bottom: Black 1.5pt solid">For the Six Months Ended<br/> June 30,</td><td style="padding-bottom: 1.5pt; font-weight: normal"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: normal; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: normal; text-align: center; border-bottom: Black 1.5pt solid">2022</td><td style="padding-bottom: 1.5pt; font-weight: normal"> </td><td style="font-weight: normal; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: normal; text-align: center; border-bottom: Black 1.5pt solid">2021</td><td style="padding-bottom: 1.5pt; font-weight: normal"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify">Beginning balance at January 1</td><td style="width: 1%; font-weight: normal"> </td> <td style="width: 1%; font-weight: normal; text-align: left">$</td><td style="width: 9%; font-weight: normal; text-align: right">271,620</td><td style="width: 1%; font-weight: normal; text-align: left"> </td><td style="width: 1%; font-weight: normal"> </td> <td style="width: 1%; font-weight: normal; text-align: left">$</td><td style="width: 9%; font-weight: normal; text-align: right">309,940</td><td style="width: 1%; font-weight: normal; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify">Accretion</td><td style="font-weight: normal"> </td> <td style="font-weight: normal; text-align: left"> </td><td style="font-weight: normal; text-align: right">19,862</td><td style="font-weight: normal; text-align: left"> </td><td style="font-weight: normal"> </td> <td style="font-weight: normal; text-align: left"> </td><td style="font-weight: normal; text-align: right">5,536</td><td style="font-weight: normal; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 1.5pt">Discontinuation of reclamation liability</td><td style="font-weight: normal; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; font-weight: normal; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; font-weight: normal; text-align: right"><div style="-sec-ix-hidden: hidden-fact-90">-</div></td><td style="padding-bottom: 1.5pt; font-weight: normal; text-align: left"> </td><td style="font-weight: normal; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; font-weight: normal; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; font-weight: normal; text-align: right">(2,669</td><td style="padding-bottom: 1.5pt; font-weight: normal; text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt">Ending Balance at June 30</td><td style="font-weight: normal; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: normal; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: normal; text-align: right">291,482</td><td style="padding-bottom: 4pt; font-weight: normal; text-align: left"> </td><td style="font-weight: normal; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: normal; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: normal; text-align: right">312,807</td><td style="padding-bottom: 4pt; font-weight: normal; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="text-transform: uppercase"><b> </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Sunday Mine Complex Permitting Status </i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-transform: uppercase"><b><i> </i></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On February 4, 2020, the Colorado DRMS sent a Notice of Hearing to Declare Termination of Mining Operations related to the status of the mining permits issued by the state of Colorado for the Sunday Mine Complex. At issue was the application of an unchallenged Colorado Court of Appeals Opinion for a separate mine (Van 4) with very different facts that are retroactively modifying DRMS rules and regulations. The Company maintains that it was timely in meeting existing rules and regulations. The hearing was scheduled to be held during several monthly MLRB Board meetings, but this matter was delayed several times. The permit hearing was held during the MLRB Board monthly meeting on July 22, 2020. At issue was the status of the five existing permits which comprise the Sunday Mine Complex. Due to COVID-19 restrictions, the hearing took place utilizing a virtual-only format. The Company prevailed in a 3 to 1 decision which acknowledged that the work completed at the Sunday Mine Complex under DRMS oversight was timely and sufficient for Western to maintain these permits. In a subsequent July 30, 2020 letter, the DRMS notified the Company that the status of the five permits (Sunday, West Sunday, St. Jude, Carnation, and Topaz) had been changed to “Active” status effective June 10, 2019, the original date on which the change of the status was approved. On August 23, 2020, the Company initiated a request for Temporary Cessation status for the Sunday Mine Complex as the mines had not been restarted within a 180-day window due to the direct and indirect impacts of the COVID-19 pandemic. Accordingly, a permit hearing was scheduled for October 21, 2020 to determine Temporary Cessation status. In a unanimous vote, the MLRB approved Temporary Cessation status for each of the five Sunday Mine Complex permits (Sunday, West Sunday, St. Jude, Carnation, and Topaz). On October 9, 2020, the MLRB issued a board order which finalized the findings of the July 22, 2020 permit hearing. On November 10, 2020, the MLRB issued a board order which finalized the findings of the October 21, 2020 permit hearing. On November 6, 2020, the MLRB signed an order placing the five Sunday Mine Complex mine permits into Temporary Cessation. On November 12, 2020, a coalition of environmental groups (the “Plaintiffs”) filed a complaint against the MLRB seeking a partial appeal of the July 22, 2020 decision by requesting termination of the Topaz Mine permit. On December 15, 2020, the same coalition of environmental groups amended their complaint against the MLRB seeking a partial appeal of the October 21, 2020 decision requesting termination of the Topaz Mine permit. The Company has joined with the MLRB in defense of their July 22, 2020 and October 21, 2020 decisions. On May 5, 2021, the Plaintiffs in the Topaz Appeal filed an opening brief with the Denver District Court seeking to overturn the July 22, 2020 and October 21, 2020 MLRB permit hearing decisions on the Topaz Mine permit. The MLRB and the Company were to respond with an answer brief within 35 days on or before June 9, 2021, but instead sought a settlement. The judicial review process was delayed as extensions were put in place until August 20, 2021. A settlement was not reached, and the MLRB and the Company submitted answer briefs on August 20, 2021. The Plaintiff submitted a reply brief on September 10, 2021. On March 1, 2022, the Denver District Court reversed the MLRB’s orders regarding the Topaz Mine and remanded the case back to MLRB for further proceedings consistent with its order. The Company and the MLRB had until April 19, 2022 to appeal the Denver District Court’s ruling. Neither the Company nor the MLRB appealed the Denver District Court ruling. Western anticipates receiving an MLRB board order of reclamation for the Topaz Mine. The Company is continuing to work toward the completion of an updated Topaz Mine Plan of Operations which is a separate federal requirement of the BLM for the conduct of mining activities on federal land that has precluded the Company from commencing active mining operations at the Topaz Mine.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Kinetic Separation Intellectual Property</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Kinetic Separation intellectual property was acquired in Western’s acquisition of Black Range on September 16, 2015. Previously Black Range acquired its Kinetic Separation assets in the dissolution of a joint venture on March 17, 2015, through the acquisition of all the assets of the joint venture and received a 25-year license to utilize all of the patented and unpatented technology owned by the joint venture. The technology license agreement for patents and unpatented technology became effective as of March 17, 2015, for a period of 25 years, until March 16, 2040. There are no remaining license fee obligations, and there are no future royalties due under the agreement. The Company has the right to sub-license the technology to third parties. The Company may not sell or assign the Kinetic Separation license; however, the license could be transferred in the case of a sale of the Company. The Company has developed improvements to Kinetic Separation during the term of the license agreement and retains ownership of, and may obtain patent protection on, any such improvements developed by the Company.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Kinetic Separation patent was filed on September 13, 2012 and granted on February 14, 2014 by the United States Patent Office. The patent is effective for a period of 20 years until September 13, 2032. This patent is supported by two provisional patent applications. The provisional patent applications expired after one year but were incorporated in the U.S. Patent by reference and claimed benefit prior to their expirations. The status of the patent and two provisional patent applications has not changed subsequent to the 2014 patent grant. The Company has the continued right to use any patented portion of the Kinetic Separation technology that enters the public domain subsequent to the patent expiration.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Company anticipates Kinetic Separation will improve the efficiency of the mining and processing of the sandstone-hosted ore from Western’s conventional mines through the separation of waste from mineral bearing-ore, potentially reducing transportation, mill processing, and mill tailings costs. Kinetic Separation is not currently in use or being applied at any Company mines. The Company views Kinetic Separation as a cost saving technology, which it will seek to incorporate into ore production subsequent to commencing scaled production levels. There are also alternative applications, which the Company has explored.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Mining Equipment Purchases</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">During the six months ended June 30, 2022 and 2021, Western purchased $635,876 and $65,000, respectively, in mining equipment and vehicles.</p>
CY2020Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	309940	usd
CY2022Q2	wstrf	Mineral Properties And Equipment MineralPropertiesAndEquipment	12410111	usd
CY2021Q4	wstrf	Mineral Properties And Equipment MineralPropertiesAndEquipment	11780142	usd
CY2022Q2	wstrf	Kinetic Separation Intellectual Property KineticSeparationIntellectualProperty	9488051	usd
CY2021Q4	wstrf	Kinetic Separation Intellectual Property KineticSeparationIntellectualProperty	9488051	usd
CY2022Q2	us-gaap	Area Of Land AreaOfLand	160	acre
	us-gaap	Operating Leases Of Lessor Contingent Rentals Description Of Variable Rate Basis OperatingLeasesOfLessorContingentRentalsDescriptionOfVariableRateBasis	As consideration for entering into the lease, the lessee has agreed to pay the Company a royalty from the lessee’s revenue attributed to oil and gas produced, saved, and sold attributable to the net mineral interest.
CY2022Q2	us-gaap	Lessee Operating Lease Term Of Contract LesseeOperatingLeaseTermOfContract	P8Y
CY2020Q2	wstrf	Lessee Operating Lease Term Of Contracts LesseeOperatingLeaseTermOfContracts	P3Y
CY2022Q1	us-gaap	Payments To Acquire Royalty Interests In Mining Properties PaymentsToAcquireRoyaltyInterestsInMiningProperties	207552	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	123037	usd
CY2021Q2	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	16155	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	279263	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	32310	usd
CY2022Q2	us-gaap	Asset Retirement Obligation AssetRetirementObligation	740446	usd
CY2021Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	740446	usd
CY2022Q2	wstrf	Reclamation Liability ReclamationLiability	75057	usd
	wstrf	Reclamation Liability Description ReclamationLiabilityDescription	The Company expects to begin incurring the reclamation liability after 2054 for all mines that are not in reclamation and accordingly, has discounted the gross liabilities over their remaining lives using a discount rate of 5.4%. The net discounted aggregated values as of June 30, 2022 and December 31, 2021 were $291,482 and $271,620, respectively.
CY2022Q2	wstrf	Gross Reclamation Liabilities GrossReclamationLiabilities	740486	usd
CY2021Q4	wstrf	Gross Reclamation Liabilities GrossReclamationLiabilities	740446	usd
CY2022Q2	us-gaap	Significant Supply Commitment Description SignificantSupplyCommitmentDescription	In April 2022, in satisfaction of the Year 5 delivery under its supply contract, the Company delivered 125,000 lbs of uranium concentrate from its prepaid uranium concentrate inventory. Accordingly, during the three and six months ended June 30, 2022, the Company recorded revenue of $7,223,609 (at a price of approximately $57 per pound) and cost of revenue of $4,044,083 related to the delivery of the uranium. In May 2022, the Company received the cash proceeds from this sale.
CY2021Q2	wstrf	Strategic Acquisition Of Physical Uranium StrategicAcquisitionOfPhysicalUranium	In May 2021, the Company executed a binding agreement to purchase 125,000 pounds of natural uranium concentrate at approximately $32 per pound.
CY2021Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	271620	usd
CY2021Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	312807	usd
	wstrf	Kinetic Separation Intellectual Property Description KineticSeparationIntellectualPropertyDescription	The Kinetic Separation intellectual property was acquired in Western’s acquisition of Black Range on September 16, 2015. Previously Black Range acquired its Kinetic Separation assets in the dissolution of a joint venture on March 17, 2015, through the acquisition of all the assets of the joint venture and received a 25-year license to utilize all of the patented and unpatented technology owned by the joint venture. The technology license agreement for patents and unpatented technology became effective as of March 17, 2015, for a period of 25 years, until March 16, 2040.
	us-gaap	Debt Instrument Term DebtInstrumentTerm	P20Y
	us-gaap	Long Term Contract For Purchase Of Electric Power Estimated Annual Cost LongTermContractForPurchaseOfElectricPowerEstimatedAnnualCost	635876	usd
	us-gaap	Long Term Contract For Purchase Of Electric Power Estimated Annual Cost LongTermContractForPurchaseOfElectricPowerEstimatedAnnualCost	65000	usd
CY2022Q2	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	493564	usd
CY2021Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	510831	usd
CY2022Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	181252	usd
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	188762	usd
CY2022Q2	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	674816	usd
CY2021Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	699593	usd
CY2021Q2	us-gaap	Other Commitment OtherCommitment	78000	usd
CY2021	wstrf	Physical Uranium Inventory Purchase Description PhysicalUraniumInventoryPurchaseDescription	In December 2021, the Company paid $4,044,083, in connection with its full prepayment of the purchase price for 125,000 pounds of natural uranium concentrate.
CY2022Q1	us-gaap	Debt Conversion Converted Instrument Warrants Or Options Issued1 DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1	98985	shares
	wstrf	Aggregate Warrant Were Exercised AggregateWarrantWereExercised	1745947	shares
	wstrf	Proceeds From Issuance Of Private Placements ProceedsFromIssuanceOfPrivatePlacements	2331277	usd
CY2022Q1	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2	P5Y
CY2022Q1	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	1.76
CY2022Q2	wstrf	Class Of Warrant Or Right Exercise Price Of Warrants Or Right ClassOfWarrantOrRightExercisePriceOfWarrantsOrRight	1.37
	wstrf	Payments To Acquire Mining Permits PaymentsToAcquireMiningPermits	73787	usd
CY2022Q2	wstrf	Mining Costs MiningCosts	92045	usd
CY2021Q2	wstrf	Mining Costs MiningCosts	5570	usd
	wstrf	Mining Costs MiningCosts	351915	usd
CY2022Q1	us-gaap	Share Price SharePrice	1.76
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice	1.76
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	900000	shares
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0	pure
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	1.033	pure
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0161	pure
CY2022Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P2Y7M6D
CY2022Q2	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	251074	usd
CY2021Q2	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	0	usd
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	753219	usd
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	0	usd
CY2021Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense		usd
CY2022Q2	wstrf	Settlement Expense SettlementExpense		usd
CY2022Q2	wstrf	Payments To Acquire Mining Permits PaymentsToAcquireMiningPermits	28390	usd
CY2021Q2	wstrf	Payments To Acquire Mining Permits PaymentsToAcquireMiningPermits	33063	usd
	wstrf	Payments To Acquire Mining Permits PaymentsToAcquireMiningPermits	56157	usd
	wstrf	Mining Costs MiningCosts	11546	usd
CY2022Q2	wstrf	Royalties Royalties	2153	usd
CY2021Q2	wstrf	Royalties Royalties	1401	usd
	wstrf	Royalties Royalties	3554	usd
	wstrf	Royalties Royalties	2560	usd
CY2022Q2	wstrf	Mining Expenditures MiningExpenditures	122588	usd
CY2021Q2	wstrf	Mining Expenditures MiningExpenditures	40034	usd
	wstrf	Mining Expenditures MiningExpenditures	411626	usd
	wstrf	Mining Expenditures MiningExpenditures	87893	usd
CY2022Q2	us-gaap	Business Combination Contingent Consideration Liability Noncurrent BusinessCombinationContingentConsiderationLiabilityNoncurrent	345732	usd
CY2021Q4	us-gaap	Business Combination Contingent Consideration Liability Noncurrent BusinessCombinationContingentConsiderationLiabilityNoncurrent	362794	usd
	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	37500	usd
CY2021	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	65753	usd
CY2021Q2	us-gaap	Cost Of Revenue CostOfRevenue		usd
	wstrf	Settlement Expense SettlementExpense		usd
	wstrf	Increase Decrease In Warrant Modification Expenses IncreaseDecreaseInWarrantModificationExpenses		usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories		usd
	us-gaap	Increase Decrease In Payables To Customers IncreaseDecreaseInPayablesToCustomers		usd
	wstrf	Increase Decrease In Reclamation Liabilities IncreaseDecreaseInReclamationLiabilities		usd
	us-gaap	Interest Paid Net InterestPaidNet		usd
	us-gaap	Interest Paid Net InterestPaidNet		usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid		usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid		usd
CY2021Q2	us-gaap	Dilutive Securities DilutiveSecurities		usd
	us-gaap	Dilutive Securities DilutiveSecurities		usd
	wstrf	Discontinuation Of Reclamation Liabilitys DiscontinuationOfReclamationLiabilitys		usd
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Entity Central Index Key EntityCentralIndexKey	0001621906
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare

Files In Submission

Name	View Source	Status
0001213900-22-050083-index-headers.html	Edgar Link	pending
0001213900-22-050083-index.html	Edgar Link	pending
0001213900-22-050083.txt	Edgar Link	pending
0001213900-22-050083-xbrl.zip	Edgar Link	pending
f10q0622ex31-1_western.htm	Edgar Link	pending
f10q0622ex31-2_western.htm	Edgar Link	pending
f10q0622ex32_western.htm	Edgar Link	pending
f10q0622_westernuranium.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
wstrf-20220630.xsd	Edgar Link	pending
wstrf-20220630_cal.xml	Edgar Link	unprocessable
f10q0622_westernuranium_htm.xml	Edgar Link	completed
wstrf-20220630_pre.xml	Edgar Link	unprocessable
wstrf-20220630_def.xml	Edgar Link	unprocessable
wstrf-20220630_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable

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$WSTRF
Western Uranium & Vanadium Corp. Stock $wstrf

2022 Q3 Form 10-Q Financial Statement

#000121390022050083 Filed on August 22, 2022

Income Statement

Balance Sheet

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Facts In Submission

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$WSTRF Western Uranium & Vanadium Corp. Stock $wstrf

2022 Q3 Form 10-Q Financial Statement

#000121390022050083 Filed on August 22, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WSTRF
Western Uranium & Vanadium Corp. Stock $wstrf