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ASSET RETIREMENT OBLIGATION AND ACCRUED RECLAMATION COSTS (Tables)
6 Months Ended
Jun. 30, 2022
ASSET RETIREMENT OBLIGATION AND ACCRUED RECLAMATION COSTS  
Changes in the asset retirement obligation

 

 

Three months ended June 30,

 

 

 

2022

 

 

2021

 

Asset retirement obligation, beginning of period

 

$192,881

 

 

$184,219

 

Change in estimate of asset retirement obligation

 

 

15,596

 

 

 

-

 

Accretion expense

 

 

9,680

 

 

 

1,732

 

Asset retirement obligation, end of period

 

$218,157

 

 

$185,951

 

 

 

Six months ended June 30,

 

 

 

2022

 

 

2021

 

Asset retirement obligation, beginning of period

 

$191,149

 

 

$184,219

 

Change in estimate of asset retirement obligation

 

 

15,596

 

 

 

-

 

Accretion expense

 

 

11,412

 

 

 

1,732

 

Asset retirement obligation, end of period

 

$218,157

 

 

$185,951