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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 21,334,353 $ 21,363,048
Certificates of deposit 259,210 259,210
Accounts receivable 1,475,853 891,314
Inventories (NOTE 5) 1,026,980 1,055,420
Total current assets 24,096,396 23,568,992
Properties, plants and equipment, net 11,102,124 11,133,733
Restricted cash for reclamation bonds 57,281 57,281
IVA receivable and other assets 283,744 242,721
Total assets 35,539,545 35,002,727
CURRENT LIABILITIES:    
Accounts payable 1,107,574 1,385,752
Accrued liabilities 624,817 621,873
Long-term debt, current portion 12,287 13,230
Total current liabilities 1,744,678 2,020,855
Long-term debt, net of current portion 198,806 201,920
Stock payable to directors for services 140,625 112,500
Asset retirement obligations and accrued reclamation costs (NOTE 7) 300,381 298,649
Total liabilities 2,384,490 2,633,924
STOCKHOLDERS' EQUITY    
Common stock, $.001 par value; 300,000,000 shares authorized; 106,240,361 shares issued and outstanding 1,062,402 1,062,402
Additional paid-in capital 63,991,459 63,991,459
Accumulated deficit (31,925,011) (32,711,263)
Total stockholders' equity 33,155,055 32,368,803
Total liabilities and stockholders' equity 35,539,545 35,002,727
Series A    
STOCKHOLDERS' EQUITY    
Preferred stock 0 0
Series B    
STOCKHOLDERS' EQUITY    
Preferred stock 7,500 7,500
Series C    
STOCKHOLDERS' EQUITY    
Preferred stock 1,779 1,779
Series D    
STOCKHOLDERS' EQUITY    
Preferred stock $ 16,926 $ 16,926