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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 18,746,429 $ 18,172,120
Accounts receivable, net 1,973,286 1,156,564
Inventories 3,991,111 1,245,724
Prepaid expenses and other current assets 127,589 104,161
Total current assets 24,838,415 20,678,569
Property, plant and equipment, net 13,471,988 12,891,447
Operating lease right-of-use assets 410,573 565,289
Restricted cash for reclamation bonds 99,290 98,778
IVA receivable and other assets, net 676,512 408,519
Total assets 39,496,778 34,642,602
CURRENT LIABILITIES    
Accounts payable 3,206,080 1,545,708
Accrued liabilities 613,159 1,427,146
Accrued liabilities - directors 123,250 141,287
Royalties payable 189,502 133,434
Current portion of operating lease liabilities 452,826 626,562
Current portion of long-term debt 133,409 132,252
Total current liabilities 4,718,226 4,006,389
Operating lease liabilities, net of current portion 294,989 129,007
Long-term debt, net of current portion 161,636 195,425
Asset retirement obligations 1,730,591 1,711,108
Total liabilities 6,905,442 6,041,929
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value, 150,000,000 shares authorized; 116,109,221 and 112,951,317 shares issued and outstanding, respectively 1,161,092 1,129,512
Additional paid-in capital 72,023,464 68,610,905
Accumulated deficit (40,602,499) (41,149,023)
Total stockholders' equity 32,591,336 28,600,673
Total liabilities and stockholders' equity 39,496,778 34,642,602
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