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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 12,864,992 $ 19,060,378
Certificates of deposit 259,856 259,857
Accounts receivable, net 1,390,437 784,457
Inventories 1,876,555 1,375,068
Prepaid expenses and other current assets 236,966 137,599
Total current assets 16,628,806 21,617,359
Properties, plants and equipment, net 12,933,542 12,128,124
Restricted cash for reclamation bonds 57,288 57,288
IVA receivable and other assets 1,307,094 897,679
Total assets 30,926,730 34,700,450
CURRENT LIABILITIES:    
Accounts payable 606,300 628,803
Accrued liabilities 224,151 212,654
Accrued liabilities - directors 279,244 61,458
Royalties payable 107,937 435,075
Dividends payable 0 787,730
Long-term debt, current portion 62,064 94,150
Total current liabilities 1,279,696 2,219,870
NON-CURRENT LIABILITIES:    
Long-term debt, net of current portion 179,892 217,855
Stock payable to directors for services 43,750 61,459
Asset retirement obligations and accrued reclamation costs 342,114 332,011
Total liabilities 1,845,452 2,831,195
Preferred stock, $0.01 par value; 10,000,000 shares authorized:    
Common stock, $0.01 par value; 150,000,000 shares authorized; 107,647,317 shares issued and outstanding at September 30, 2023 and 106,373,341 shares issued and outstanding at December 31, 2022 1,076,472 1,063,732
Additional paid-in capital 63,853,836 64,052,630
Shares to be returned to treasury 0 (202,980)
Accumulated deficit (35,858,309) (33,070,332)
Total stockholders' equity 29,081,278 31,869,255
Total liabilities and stockholders' equity 30,926,730 34,700,450
Series A Preferred Stock [Member]    
Preferred stock, $0.01 par value; 10,000,000 shares authorized:    
Preferred stock, value 0 0
Series B Preferred Stock [Member]    
Preferred stock, $0.01 par value; 10,000,000 shares authorized:    
Preferred stock, value 7,500 7,500
Series C Preferred Stock [Member]    
Preferred stock, $0.01 par value; 10,000,000 shares authorized:    
Preferred stock, value 1,779 1,779
Series D Preferred Stock [Member]    
Preferred stock, $0.01 par value; 10,000,000 shares authorized:    
Preferred stock, value $ 0 $ 16,926