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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 18,172,120 $ 11,899,574
Certificates of deposit 0 72,898
Accounts receivable, net 1,156,564 625,256
Inventories 1,245,724 1,386,109
Prepaid expenses and other current assets 104,161 92,369
Total current assets 20,678,569 14,076,206
Properties, plants and equipment, net 12,891,447 13,454,491
Operating lease right-of-use asset 565,289 0
Restricted cash for reclamation bonds 98,778 55,061
IVA receivable and other assets, net 408,519 509,237
Total assets 34,642,602 28,094,995
CURRENT LIABILITIES    
Accounts payable 1,545,708 456,935
Accrued liabilities 1,427,146 133,841
Accrued liabilities - directors 141,287 124,810
Royalties payable 133,434 153,429
Current portion of operating lease liability 626,562 0
Long-term debt, current portion 132,252 28,443
Total current liabilities 4,006,389 897,458
Noncurrent operating lease liability 129,007 0
Long-term debt, net of current portion 195,425 0
Stock payable to directors 0 38,542
Asset retirement obligations 1,711,108 1,638,027
Total liabilities 6,041,929 2,574,027
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value, 150,000,000 shares authorized; 112,951,317 and 107,647,317 shares issued and outstanding, respectively 1,129,512 1,076,472
Additional paid-in capital 68,610,905 63,853,836
Accumulated deficit (41,149,023) (39,418,619)
Total stockholders' equity 28,600,673 25,520,968
Total liabilities and stockholders' equity 34,642,602 28,094,995
Series A Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred Stock Value 0 0
Series B Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred Stock Value 7,500 7,500
Series C Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred Stock Value 1,779 1,779
Series D Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred Stock Value $ 0 $ 0