13. Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Taxes Tables

Domestic and foreign components of income (loss) from operations before income taxes

	2017			2016
Domestic	$	(374,478	)	$	(263,652	)
Foreign		(759,916	)		(747,410	)
Total	$	(1,134,394	)	$	(1,011,062	)

Deferred tax assets

	2017			2016
Deferred tax assets:
Foreign exploration costs	$	15,372		$	47,011
Foreign net operating loss carry forward		1,537,420			1,309,445
Domestic net operating loss carry forward		443,100			465,145
Other		1,455			-
Deferred tax assets		1,997,347			1,821,601
Valuation allowance (foreign)		(1,537,420	)		(1,309,445	)
Valuation allowance (domestic)		(316,793	)		(299,522	)
Total deferred tax assets		143,134			212,634
Deferred tax liabilities:
Property, plant, and equipment		(143,134	)		(210,912	)
Other		-			(1,722	)
Total deferred tax liabilities		(143,134	)		(212,634	)
Net deferred tax assets	$	-		$	-

Schedule of Components of Income Tax Expense (Benefit)

	2017			2016
Tax benefit at federal statutory rate	$	(397,038	)	$	(353,872	)
State income tax effect		(34,609	)		(21,754	)
Foreign income tax effect		37,996			37,371
Non-deductible items		930			3,263
Percentage depletion		(58,056	)		(40,976	)
Change in valuation allowance - Domestic		229,462			151,745
Change in valuation allowance - Foreign		227,975			224,223
Impact on change in federal tax rate		(6,660	)		-
Foreign tax assessment		-			285,048
Alternative minimum tax - Domestic		-			13,090
Total	$	-		$	298,138

Schedule of Effective Income Tax Rate Reconciliation

	2017			2016
Domestic
Change in deferred tax asset for current year	$	(229,462	)	$	(151,745	)
Adjustment for prior year tax estimate to actual due to
transfer pricing adjustment for Mexican operations		212,146			(57,557	)
	$	(17,316	)	$	(209,302	)
Foreign
Change in deferred tax asset for current year	$	(227,975	)	$	(224,223	)
Adjustment for impact of tax assessment		-			285,048
Impact on change in foreign exchange rate		-			421,643
Adjustment for prior year tax estimates to actual		-			724,041
	$	(227,975	)	$	1,206,509