DISCONTINUED OPERATIONS AND PREFERRED STOCK ISSUANCE (Tables)

9 Months Ended

Sep. 30, 2016

Discontinued Operations and Disposal Groups [Abstract]

Schedule of assets and liabilities associated with the mining segment

Presented below are the assets and liabilities associated with the Company’s mining segment as of September 30, 2016 and December 31, 2015:

	2016		2015
Assets retained by the Company:
Performance bonds and refundable deposits	$	135	$	114
Net assets conveyed to Purchaser:
Undeveloped mining claims		-		21,942
Mining equipment		-		1,774
Less accumulated depreciation of mining equipment		-		(892	)
Less write-down due to impairment		-		(22,620	)
Net book value of assets conveyed		-		204
Total assets of discontinued operations	$	135	$	318
Asset retirement obligations assumed by Purchaser	$	-	$	204

Schedule of components of discontinued operations

Presented below are the components for the three and nine months ended September 30, 2016 and 2015:

	Three Months Ended					Nine Months Ended
	September 30:					September 30:
	2016		2015			2016			2015
Issuance of preferred stock to induce disposition	$	-	$	-		$	(1,999	)	$	-
Operating expenses of mining segment:
Water treatment plant		-		(470	)		(256	)		(1,383	)
Mine property holding costs		-		(365	)		(117	)		(912	)
Depreciation of mine equipment		-		(30	)		-			(90	)
Professional fees related to disposition		-		-			(76	)		-
Total results for discontinued operations	$	-	$	(865	)	$	(2,448	)	$	(2,385	)