$WSTRF
Western Uranium & Vanadium Corp. Stock $wstrf

$wstrf Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000121390023068690 Filed on August 18, 2023

Income Statement

Concept	2023 Q3	2023 Q2	2022 Q2
Revenue	$89.14K	$102.8K	$7.347M
YoY Change	-17.88%	-98.6%	45375.99%
Cost Of Revenue	$730.9K		$4.044M
YoY Change
Gross Profit	$89.14K	$102.8K	$3.303M
YoY Change	-17.88%	-96.89%	20342.98%
Gross Profit Margin	100.0%	100.0%	44.95%
Selling, General & Admin	$457.8K	$577.6K	$888.5K
YoY Change	-2.04%	-34.99%	139.31%
% of Gross Profit	513.58%	561.92%	26.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$65.88K	$53.72K	$0.00
YoY Change	385.84%		-100.0%
% of Gross Profit	73.9%	52.26%	0.0%
Operating Expenses	$1.189M	$1.234M	$1.011M
YoY Change	76.92%	22.06%	145.82%
Operating Profit	-$1.100M	-$1.131M	$2.291M
YoY Change	95.19%	-149.37%	-679.87%
Interest Expense	$43.28K	$54.99K	$1.380K
YoY Change	3.47%	3884.78%	-238.0%
% of Operating Profit			0.06%
Other Income/Expense, Net	-$3.780K	-$300.00	$4.000K
YoY Change		-107.5%
Pretax Income	-$1.060M	-$1.077M	$2.280M
YoY Change	100.94%	-147.23%	-580.3%
Income Tax
% Of Pretax Income
Net Earnings	-$1.060M	-$1.077M	$2.280M
YoY Change	100.95%	-147.23%	-580.3%
Net Earnings / Revenue	-1189.13%	-1047.45%	31.03%
Basic Earnings Per Share	-$0.02	-$0.02	$0.05
Diluted Earnings Per Share	-$0.02	-$0.02	$0.05
COMMON SHARES
Basic Shares Outstanding	43.60M shares	43.60M shares	43.14M shares
Diluted Shares Outstanding	43.61M shares	43.60M shares	45.32M shares

Balance Sheet

Concept	2023 Q3	2023 Q2	2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$5.811M	$6.597M	$11.25M
YoY Change	-44.49%	-41.34%	113.05%
Cash & Equivalents	$5.811M	$6.596M	$11.24M
Short-Term Investments	$420.00	$340.00	$1.190K
Other Short-Term Assets	$115.3K	$112.7K	$80.35K
YoY Change	154.77%	40.3%	-66.81%
Inventory
Prepaid Expenses	$180.8K	$139.5K	$284.1K
Receivables
Other Receivables
Total Short-Term Assets	$6.183M	$6.924M	$11.69M
YoY Change	-43.22%	-40.75%	111.67%
LONG-TERM ASSETS
Property, Plant & Equipment	$14.51M	$14.42M	$12.41M
YoY Change	14.65%	16.2%	5.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$676.4K	$676.4K	$665.4K
YoY Change	0.0%	1.64%	-19.03%
Total Long-Term Assets	$24.67M	$24.58M	$22.56M
YoY Change	8.12%	8.96%	2.09%
TOTAL ASSETS
Total Short-Term Assets	$6.183M	$6.924M	$11.69M
Total Long-Term Assets	$24.67M	$24.58M	$22.56M
Total Assets	$30.86M	$31.51M	$34.25M
YoY Change	-8.46%	-8.0%	23.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$405.9K	$498.3K	$493.6K
YoY Change	14.87%	0.97%	42.64%
Accrued Expenses	$172.0K	$163.9K	$181.3K
YoY Change	-21.65%	-9.57%	10.43%
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	$653.0K	$748.8K	$814.5K
YoY Change	-7.77%	-8.06%	22.54%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$560.0K	$564.0K	$589.9K
YoY Change	2.93%	-4.39%	-16.34%
Total Long-Term Liabilities	$560.0K	$564.0K	$589.9K
YoY Change	2.93%	-4.39%	-16.34%
TOTAL LIABILITIES
Total Short-Term Liabilities	$653.0K	$748.8K	$814.5K
Total Long-Term Liabilities	$560.0K	$564.0K	$589.9K
Total Liabilities	$3.922M	$4.022M	$4.113M
YoY Change	-0.99%	-2.23%	0.85%
SHAREHOLDERS EQUITY
Retained Earnings	-$17.12M	-$16.06M	-$12.06M
YoY Change	36.02%	33.18%
Common Stock	$44.30M	$43.75M	$42.29M
YoY Change	4.03%	3.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares			306.0 shares
Shareholders Equity	$26.93M	$27.49M	$30.14M
YoY Change
Total Liabilities & Shareholders Equity	$30.86M	$31.51M	$34.25M
YoY Change	-8.46%	-8.0%	23.99%

Cashflow Statement

Concept	2023 Q3	2023 Q2	2022 Q2
OPERATING ACTIVITIES
Net Income	-$1.060M	-$1.077M	$2.280M
YoY Change	100.95%	-147.23%	-580.3%
Depreciation, Depletion And Amortization	$65.88K	$53.72K	$0.00
YoY Change	385.84%		-100.0%
Cash From Operating Activities	-$1.138M	-$795.5K	$6.908M
YoY Change	76.09%	-111.52%	-1568.28%
INVESTING ACTIVITIES
Capital Expenditures	$155.4K	$1.095M	-$266.0K
YoY Change	-159.89%	-511.73%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$155.4K	-$1.095M	-$266.0K
YoY Change	-40.11%	311.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	551.6K	0.000	1.989M
YoY Change	90.8%	-100.0%	24.54%
NET CHANGE
Cash From Operating Activities	-1.138M	-795.5K	6.908M
Cash From Investing Activities	-155.4K	-1.095M	-266.0K
Cash From Financing Activities	551.6K	0.000	1.989M
Net Change In Cash	-741.7K	-1.891M	8.631M
YoY Change	20.29%	-121.9%	665.91%
FREE CASH FLOW
Cash From Operating Activities	-$1.138M	-$795.5K	$6.908M
Capital Expenditures	$155.4K	$1.095M	-$266.0K
Free Cash Flow	-$1.293M	-$1.891M	$7.174M
YoY Change	234.48%	-126.35%	-1624.82%

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	2023-06-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
	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	Security12b Title Security12bTitle	N/A
	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
CY2023Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	43602565	shares
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	6596184	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9682133	usd
CY2023Q2	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	75057	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	75057	usd
CY2023Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	139460	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	254105	usd
CY2023Q2	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	338	usd
CY2022Q4	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	612	usd
CY2023Q2	us-gaap	Other Assets Current OtherAssetsCurrent	112728	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	227588	usd
CY2023Q2	us-gaap	Assets Current AssetsCurrent	6923767	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	10239495	usd
CY2023Q2	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	676367	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	676348	usd
CY2023Q2	us-gaap	Mineral Properties Net MineralPropertiesNet	14420318	usd
CY2022Q4	us-gaap	Mineral Properties Net MineralPropertiesNet	12798904	usd
CY2023Q2	wstrf	Ablation Intellectual Property AblationIntellectualProperty	9488051	usd
CY2022Q4	wstrf	Ablation Intellectual Property AblationIntellectualProperty	9488051	usd
CY2023Q2	us-gaap	Assets Assets	31508503	usd
CY2022Q4	us-gaap	Assets Assets	33202798	usd
CY2023Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	662227	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	551615	usd
CY2023Q2	us-gaap	Accrued Reclamation Costs Current AccruedReclamationCostsCurrent	75057	usd
CY2022Q4	us-gaap	Accrued Reclamation Costs Current AccruedReclamationCostsCurrent	75057	usd
CY2023Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	11550	usd
CY2022Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	43860	usd
CY2023Q2	us-gaap	Liabilities Current LiabilitiesCurrent	748834	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	670532	usd
CY2023Q2	us-gaap	Mine Reclamation And Closing Liability Noncurrent MineReclamationAndClosingLiabilityNoncurrent	230763	usd
CY2022Q4	us-gaap	Mine Reclamation And Closing Liability Noncurrent MineReclamationAndClosingLiabilityNoncurrent	225219	usd
CY2023Q2	wstrf	Deferred Tax Liability DeferredTaxLiability	2708887	usd
CY2022Q4	wstrf	Deferred Tax Liability DeferredTaxLiability	2708887	usd
CY2023Q2	wstrf	Deferred Contingent Consideration DeferredContingentConsideration	-333211	usd
CY2022Q4	wstrf	Deferred Contingent Consideration DeferredContingentConsideration	-340252	usd
CY2023Q2	us-gaap	Liabilities Liabilities	4021695	usd
CY2022Q4	us-gaap	Liabilities Liabilities	3944890	usd
CY2022Q4	wstrf	Common Stock Share Authorized Unlimited CommonStockShareAuthorizedUnlimited	unlimited
CY2023Q2	wstrf	Common Stock Share Authorized Unlimited CommonStockShareAuthorizedUnlimited	unlimited
CY2023Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	43602871	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	43602871	shares
CY2023Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	43602565	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	43602565	shares
CY2023Q2	us-gaap	Common Stock Value CommonStockValue	43745203	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	43394303	usd
CY2023Q2	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	306	shares
CY2022Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	306	shares
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-16055453	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-13875263	usd
CY2023Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-202942	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-261132	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	27486808	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	29257908	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	31508503	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	33202798	usd
CY2023Q2	us-gaap	Revenues Revenues	102789	usd
CY2022Q2	us-gaap	Revenues Revenues	7346646	usd
	us-gaap	Revenues Revenues	268764	usd
	us-gaap	Revenues Revenues	7502872	usd
CY2022Q2	us-gaap	Cost Of Revenue CostOfRevenue	4044083	usd
	us-gaap	Cost Of Revenue CostOfRevenue	4044083	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	102789	usd
CY2022Q2	us-gaap	Gross Profit GrossProfit	3302563	usd
	us-gaap	Gross Profit GrossProfit	268764	usd
	us-gaap	Gross Profit GrossProfit	3458789	usd
CY2023Q2	wstrf	Minings Expenditures MiningsExpenditures	656545	usd
CY2022Q2	wstrf	Minings Expenditures MiningsExpenditures	122588	usd
	wstrf	Minings Expenditures MiningsExpenditures	1261649	usd
	wstrf	Minings Expenditures MiningsExpenditures	411626	usd
CY2023Q2	us-gaap	Professional Fees ProfessionalFees	171834	usd
CY2022Q2	us-gaap	Professional Fees ProfessionalFees	212459	usd
	us-gaap	Professional Fees ProfessionalFees	258930	usd
	us-gaap	Professional Fees ProfessionalFees	348519	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	405754	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	655757	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1019119	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1518819	usd
CY2022Q2	wstrf	Consulting Fees ConsultingFees	20307	usd
	wstrf	Consulting Fees ConsultingFees	737	usd
	wstrf	Consulting Fees ConsultingFees	59819	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	1234133	usd
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	1011111	usd
	us-gaap	Operating Expenses OperatingExpenses	2540435	usd
	us-gaap	Operating Expenses OperatingExpenses	2338783	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-1131344	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	2291452	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-2271671	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1120006	usd
CY2023Q2	wstrf	Accretion And Interestincome Expense Net AccretionAndInterestincomeExpenseNet	52185	usd
CY2022Q2	wstrf	Accretion And Interestincome Expense Net AccretionAndInterestincomeExpenseNet	-15902	usd
	wstrf	Accretion And Interestincome Expense Net AccretionAndInterestincomeExpenseNet	87481	usd
	wstrf	Accretion And Interestincome Expense Net AccretionAndInterestincomeExpenseNet	-18059	usd
CY2023Q2	us-gaap	Other Income OtherIncome	2500	usd
CY2022Q2	us-gaap	Other Income OtherIncome	4000	usd
	us-gaap	Other Income OtherIncome	4000	usd
	us-gaap	Other Income OtherIncome	4000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-1076659	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	2279550	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2180190	usd
	us-gaap	Net Income Loss NetIncomeLoss	1105947	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	51876	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-220788	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	58190	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-164127	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1024783	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2058762	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2122000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	941820	usd
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.03
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.05
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43602565	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43142312	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43602565	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	42102885	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	43602565	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45321130	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	43602565	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45248896	shares
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	29257908	usd
CY2023Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	6314	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	252742	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-1103531	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	28413433	usd
CY2023Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	51876	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	98158	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-1076659	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	27486808	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	23097492	usd
CY2022Q1	wstrf	Private Placement January Twenty Two Thousand Twenty Two PrivatePlacementJanuaryTwentyTwoThousandTwentyTwo	3011878	usd
CY2022Q1	wstrf	Stock Issued During Period Value Warrants Exercised StockIssuedDuringPeriodValueWarrantsExercised	341850	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	502145	usd
CY2022Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	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	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-220788	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	2279550	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	30135686	usd
	us-gaap	Profit Loss ProfitLoss	-2180190	usd
	us-gaap	Profit Loss ProfitLoss	1105947	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	97337	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	5908	usd
	wstrf	Accretion Of Reclamation Liability AccretionOfReclamationLiability	5544	usd
	wstrf	Accretion Of Reclamation Liability AccretionOfReclamationLiability	19862	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	350900	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	753219	usd
	wstrf	Change In Marketable Securities ChangeInMarketableSecurities	274	usd
	wstrf	Change In Marketable Securities ChangeInMarketableSecurities	929	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-4085723	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-229505	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-53332	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	110612	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-24778	usd
	us-gaap	Increase Decrease In Payables To Customers IncreaseDecreaseInPayablesToCustomers	-146177	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-32310	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-16155	usd
	wstrf	Increase Decrease In Contingent Consideration IncreaseDecreaseInContingentConsideration	7041	usd
	wstrf	Increase Decrease In Contingent Consideration IncreaseDecreaseInContingentConsideration	17062	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1425369	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5820748	usd
	us-gaap	Payments To Acquire Mining Assets PaymentsToAcquireMiningAssets	1718751	usd
	us-gaap	Payments To Acquire Mining Assets PaymentsToAcquireMiningAssets	635876	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1718751	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-635876	usd
	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	2331277	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	3011878	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	5343155	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	58190	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-164127	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3085930	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	10363900	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	10433538	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1621267	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7347608	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11985167	usd
CY2023Q2	us-gaap	Cash Cash	6596184	usd
CY2022Q2	us-gaap	Cash Cash	11244681	usd
CY2023Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	75057	usd
CY2022Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	75057	usd
CY2023Q2	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	676367	usd
CY2022Q2	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	665429	usd
CY2023Q2	us-gaap	Restricted Cash RestrictedCash	7347608	usd
CY2022Q2	us-gaap	Restricted Cash RestrictedCash	11985167	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1024783	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2122000	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-16055453	usd
	wstrf	Working Capital Deficit WorkingCapitalDeficit	6174933	usd
CY2022Q4	wstrf	Kinetic Separation Intellectual Property KineticSeparationIntellectualProperty	9488051	usd
	us-gaap	Payments To Acquire Mining Assets PaymentsToAcquireMiningAssets	1718751	usd
	us-gaap	Payments To Acquire Mining Assets PaymentsToAcquireMiningAssets	635876	usd
CY2023Q2	us-gaap	Depreciation Depreciation	53719	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; text-align: justify">The preparation of these condensed interim 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 interim 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>
CY2023Q2	us-gaap	Mineral Properties Net MineralPropertiesNet	14420318	usd
CY2022Q4	us-gaap	Mineral Properties Net MineralPropertiesNet	12798904	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-1076659	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	2279550	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2180190	usd
	us-gaap	Net Income Loss NetIncomeLoss	1105947	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43602565	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43142312	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43602565	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	42102885	shares
CY2022Q2	us-gaap	Dilutive Securities DilutiveSecurities	2178818	usd
	us-gaap	Dilutive Securities DilutiveSecurities	3146011	usd
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	43602565	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45321130	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	43602565	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	45248896	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.03
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.05
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	13460076	shares
CY2022Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	4853826	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	13460076	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3953826	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, 2023 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, 2023 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, net and kinetic separation intellectual property are:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </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: center"> </td><td style="white-space: nowrap; text-align: center; padding-bottom: 1.5pt"> </td> <td colspan="2" style="white-space: nowrap; border-bottom: Black 1.5pt solid; text-align: center">As of <br/>June 30,<br/> 2023</td><td style="white-space: nowrap; text-align: center; padding-bottom: 1.5pt"> </td><td style="white-space: nowrap; text-align: center; padding-bottom: 1.5pt"> </td> <td colspan="2" style="white-space: nowrap; border-bottom: Black 1.5pt solid; text-align: center">As of <br/>December 31, <br/> 2022</td><td style="white-space: nowrap; text-align: center; 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, net</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">14,420,318</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">12,798,904</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; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Mineral Properties and Equipment </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">During the six months ended June 30, 2023 and 2022, Western made purchases of $1,718,751 and $635,876, which principally consisted of mining equipment and vehicles, to increase mining capacity and mineral processing facility property acquisitions. During the three months ended June 30, 2023 and 2022, depreciation expense was $53,719 and $0, which was included in mining expenditures and in general and administrative on the Company’s condensed interim consolidated statements of operations and other comprehensive loss, respectively. During the six months ended June 30, 2023 and 2022, depreciation expense was $97,337 and $5,908, which was included in mining expenditures and in general and administrative on the Company’s condensed interim consolidated statements of operations and other comprehensive loss, 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"><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="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">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 a first set of eight (8) wells which commenced oil and gas production by August 2021. During 2022, the operator completed a second set of eight (8) wells which commenced oil and gas production by August 2022. Monthly royalty payments are ongoing on the sixteen (16) wells.</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, 2023 and 2022, the Company recognized aggregate revenue of $102,789 and $123,037, respectively, and for the six months ended June 30, 2023 and 2022, the Company recognized aggregate revenue of $268,764 and $279,263, 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 $751,424 and $751,405 as of June 30, 2023 and December 31, 2022, respectively. 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, 2023 and December 31, 2022 were $305,820 and $300,276, respectively. The gross reclamation liabilities as of June 30, 2023 and December 31, 2022 are secured by financial warranties in the amount of $751,424 and $751,405, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Reclamation liability activity for the six months ended June 30, 2023 and 2022 consists of:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; text-align: center">For the Six Months Ended<br/> June 30,</td><td style="text-align: center; padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center">2023</td><td style="text-align: center; padding-bottom: 1.5pt"> </td><td style="text-align: center; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center">2022</td><td style="text-align: center; padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: justify">Beginning balance at January 1</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">300,276</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">271,620</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: justify; padding-bottom: 1.5pt">Accretion</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">5,544</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">19,862</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt">Ending Balance at June 30</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">305,820</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">291,482</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><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>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. Subsequently on March 20, 2023, the MLRB issued a board order for the Company to commence final reclamation, which upon completion will terminate mining operations at the Topaz Mine. Reclamation is to commence immediately at the Topaz Mine and is to be completed within five years by March 2028. The Company is currently working 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 the federal land at the Topaz Mine and needed to re-permit the Topaz Mine with Colorado’s DRMS.</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="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">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; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">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>
CY2023Q2	wstrf	Kinetic Separation Intellectual Property KineticSeparationIntellectualProperty	9488051	usd
CY2022Q2	us-gaap	Depreciation Depreciation	0	usd
	us-gaap	Depreciation Depreciation	97337	usd
	us-gaap	Depreciation Depreciation	5908	usd
	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.
CY2023Q2	us-gaap	Payments To Acquire Royalty Interests In Mining Properties PaymentsToAcquireRoyaltyInterestsInMiningProperties	102789	usd
CY2022Q2	us-gaap	Payments To Acquire Royalty Interests In Mining Properties PaymentsToAcquireRoyaltyInterestsInMiningProperties	123037	usd
	us-gaap	Payments To Acquire Royalty Interests In Mining Properties PaymentsToAcquireRoyaltyInterestsInMiningProperties	268764	usd
	us-gaap	Payments To Acquire Royalty Interests In Mining Properties PaymentsToAcquireRoyaltyInterestsInMiningProperties	279263	usd
CY2023Q2	us-gaap	Asset Retirement Obligation AssetRetirementObligation	751424	usd
CY2022Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	751405	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, 2023 and December 31, 2022 were $305,820 and $300,276, respectively.
CY2023Q2	wstrf	Gross Reclamation Liabilities GrossReclamationLiabilities	751424	usd
CY2022Q4	wstrf	Gross Reclamation Liabilities GrossReclamationLiabilities	751405	usd
CY2022Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	300276	usd
CY2021Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	271620	usd
	wstrf	Accretion Reclamation Obligation AccretionReclamationObligation	5544	usd
	wstrf	Accretion Reclamation Obligation AccretionReclamationObligation	19862	usd
CY2023Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	305820	usd
CY2022Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	291482	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.
CY2014Q1	wstrf	Patent Term PatentTerm	P20Y
CY2023Q2	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	498326	usd
CY2022Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	403705	usd
CY2023Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	163901	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	147910	usd
CY2023Q2	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	662227	usd
CY2022Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	551615	usd
CY2021Q2	us-gaap	Other Commitment OtherCommitment	78000	usd
CY2022Q2	wstrf	Uranium Conentrates UraniumConentrates	125000	lb
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	7223609	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	7223609	usd
CY2022Q2	wstrf	Uranium Price Per Pound UraniumPricePerPound	57
	wstrf	Uranium Price Per Pound UraniumPricePerPound	57
CY2022Q2	us-gaap	Cost Of Revenue CostOfRevenue	4044083	usd
	us-gaap	Cost Of Revenue CostOfRevenue	4044083	usd
CY2021Q2	wstrf	Pounds Of Uranium PoundsOfUranium	125000	lb
CY2021Q2	wstrf	Pounds Of Uranium Purchased PoundsOfUraniumPurchased	32	usd
CY2021Q4	us-gaap	Cost Of Revenue CostOfRevenue	4044083	usd
CY2021Q4	wstrf	Pounds Of Uranium PoundsOfUranium	125000	lb
CY2022Q2	wstrf	Aggregate Warrant Were Exercised AggregateWarrantWereExercised	1477743	shares
	wstrf	Aggregate Warrant Were Exercised AggregateWarrantWereExercised	1745947	shares
CY2022Q2	wstrf	Proceeds From Issuance Of Private Placements ProceedsFromIssuanceOfPrivatePlacements	1989427	usd
	wstrf	Proceeds From Issuance Of Private Placements ProceedsFromIssuanceOfPrivatePlacements	2331277	usd
	us-gaap	Common Stock Voting Rights CommonStockVotingRights	one
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	350900	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	753219	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	25323	usd
CY2023Q2	us-gaap	Payments To Acquire Mining Assets PaymentsToAcquireMiningAssets	22000	usd
CY2023Q2	wstrf	Mining Costs MiningCosts	344983	usd
CY2022Q2	wstrf	Mining Costs MiningCosts	92045	usd
	wstrf	Mining Costs MiningCosts	621122	usd
	wstrf	Mining Costs MiningCosts	351915	usd
CY2023Q2	wstrf	Payments To Acquire Mining Permits PaymentsToAcquireMiningPermits	26732	usd
CY2022Q2	wstrf	Payments To Acquire Mining Permits PaymentsToAcquireMiningPermits	28390	usd
	wstrf	Payments To Acquire Mining Permits PaymentsToAcquireMiningPermits	54678	usd
	wstrf	Payments To Acquire Mining Permits PaymentsToAcquireMiningPermits	56157	usd
CY2023Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	284388	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	583254	usd
CY2023Q2	wstrf	Royalties Royalties	442	usd
CY2022Q2	wstrf	Royalties Royalties	2153	usd
	wstrf	Royalties Royalties	2595	usd
	wstrf	Royalties Royalties	3554	usd
CY2023Q2	wstrf	Mining Expenditures MiningExpenditures	656545	usd
CY2022Q2	wstrf	Mining Expenditures MiningExpenditures	122588	usd
	wstrf	Mining Expenditures MiningExpenditures	1261649	usd
	wstrf	Mining Expenditures MiningExpenditures	411626	usd
CY2023Q2	us-gaap	Business Combination Contingent Consideration Liability Noncurrent BusinessCombinationContingentConsiderationLiabilityNoncurrent	333211	usd
CY2022Q4	us-gaap	Business Combination Contingent Consideration Liability Noncurrent BusinessCombinationContingentConsiderationLiabilityNoncurrent	340252	usd
CY2023Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	17925	usd
CY2022Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	13125	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	35850	usd
	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	50010	usd
CY2022	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	87221	usd
CY2023Q2	us-gaap	Cost Of Revenue CostOfRevenue		usd
	us-gaap	Cost Of Revenue CostOfRevenue		usd
CY2023Q2	wstrf	Consulting Fees ConsultingFees		usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories		usd
	us-gaap	Increase Decrease In Payables To Customers IncreaseDecreaseInPayablesToCustomers		usd
	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants		usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock		usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities		usd
	us-gaap	Interest Paid Net InterestPaidNet		usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid		usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid		usd
CY2023Q2	us-gaap	Dilutive Securities DilutiveSecurities		usd
	us-gaap	Dilutive Securities DilutiveSecurities		usd
CY2022Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense		usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense		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
	dei	Security Exchange Name SecurityExchangeName	NONE
	dei	Trading Symbol TradingSymbol	WSTRF

Files In Submission

Name	View Source	Status
0001213900-23-068690-index-headers.html	Edgar Link	pending
0001213900-23-068690-index.html	Edgar Link	pending
0001213900-23-068690.txt	Edgar Link	pending
0001213900-23-068690-xbrl.zip	Edgar Link	pending
f10q0623ex10-1_western.htm	Edgar Link	pending
f10q0623ex31-1_western.htm	Edgar Link	pending
f10q0623ex31-2_western.htm	Edgar Link	pending
f10q0623ex32_western.htm	Edgar Link	pending
f10q0623ex4-1_western.htm	Edgar Link	pending
f10q0623_westernuranium.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
wstrf-20230630.xsd	Edgar Link	pending
wstrf-20230630_def.xml	Edgar Link	unprocessable
wstrf-20230630_lab.xml	Edgar Link	unprocessable
wstrf-20230630_pre.xml	Edgar Link	unprocessable
f10q0623_westernuranium_htm.xml	Edgar Link	completed
wstrf-20230630_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable

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$WSTRF
Western Uranium & Vanadium Corp. Stock $wstrf

2023 Q3 Form 10-Q Financial Statement

#000121390023068690 Filed on August 18, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WSTRF Western Uranium & Vanadium Corp. Stock $wstrf

2023 Q3 Form 10-Q Financial Statement

#000121390023068690 Filed on August 18, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WSTRF
Western Uranium & Vanadium Corp. Stock $wstrf