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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 115,506 $ 56,650
Certificates of deposit 253,552 252,954
Accounts receivable 284,453 438,391
Inventories 626,244 755,261
Note receivable - sale of land 0 400,000
Total current assets 1,279,755 1,903,256
Properties, plants and equipment, net 12,186,848 15,227,172
Restricted cash for reclamation bonds 57,261 57,247
IVA receivable and other assets 170,111 369,448
Total assets 13,693,975 17,557,123
Current liabilities:    
Checks issued and payable 17,633 46,482
Accounts payable 2,328,977 1,926,320
Due to factor 10,880 16,524
Accrued payroll, taxes and interest 260,800 159,037
Other accrued liabilities 334,208 353,911
Payables to related party 359,309 93,567
Deferred revenue 32,400 32,400
Notes payable to bank 197,066 183,917
Hillgrove advances payable (Note 10) 378,074 0
Long-term debt, current portion, net of discount 56,334 705,460
Total current liabilities 3,975,681 3,517,618
Long-term debt, net of discount and current portion 76,762 1,027,730
Hillgrove advances payable (Note 10) 756,147 1,134,221
Stock payable to directors for services 134,375 175,000
Asset retirement obligation and accrued reclamation costs 283,868 277,720
Total liabilities 5,226,833 6,132,289
Commitments and contingencies (Note 4, 10 and 16)
Stockholders' equity:    
Common stock, $0.01 par value, 90,000,000 shares authorized; 69,661,436 and 68,227,171 shares issued and outstanding, respectively 696,614 682,271
Additional paid-in capital 37,107,730 36,406,874
Accumulated deficit (29,363,990) (25,691,099)
Total stockholders' equity 8,467,142 11,424,834
Total liabilities and stockholders' equity 13,693,975 17,557,123
Series A Preferred Stock    
Stockholders' equity:    
Preferred stock 0 0
Series B Preferred Stock    
Stockholders' equity:    
Preferred stock 7,500 7,500
Series C Preferred Stock    
Stockholders' equity:    
Preferred stock 1,779 1,779
Series D Preferred Stock    
Stockholders' equity:    
Preferred stock $ 17,509 $ 17,509