Condensed Consolidated Interim Balance Sheets - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash	$ 31,155,419	$ 37,587,311
Receivables	41,828	23,962
Inventory (Note 2)	9,694,911	1,935,599
Prepaid expenses and other current assets	260,756	432,353
Total current assets	41,152,914	39,979,225
Property, plant, equipment and mineral interests (Note 3)	134,727,606	128,562,572
Reclamation financial assurance deposit (Note 5)	0	902,382
Total Assets	175,880,520	169,444,179
Current liabilities:
Accounts payable and accrued liabilities (Note 7(i))	4,321,950	3,258,692
Interest payable (Note 7(ii))	1,050,023	969,645
Notes payable (Note 7(ii))	40,883,064	36,053,012
Current portion of loan payable (Note 13)	5,175,113	4,942,716
Derivative liability - Related party warrants (Note 7(iii))	4,870,193	2,498,269
Derivative liability - Warrants (Note 9)	2,165,550	0
Derivative liability- Hedging instruments (Note 8)	115,395	0
Total current liabilities	58,581,288	47,722,334
Asset retirement obligations (Note 5)	1,268,541	978,453
Loan payable (Note 13)	9,756,674	13,430,107
Deferred tax liability	12,922,000	12,922,000
Total liabilities	82,528,503	75,052,894
Temporary Equity
Redeemable portion of non-controlling interest (Note 7(v))	26,739,394	27,123,741
Shareholders' Equity
Common shares, no par value, unlimited shares authorized (2015 - unlimited); 111,048,683 (2015 - 99,928,683) shares issued and outstanding (Note 4)	71,066,995	62,860,443
Additional paid-in capital	43,638,907	43,627,511
Deficit accumulated	(88,202,370)	(79,906,021)
Total shareholders’ equity attributable to GQM Ltd.	26,503,532	26,581,933
Non-controlling interest (Note 7(v))	40,109,091	40,685,611
Total Shareholders’ Equity	66,612,623	67,267,544
Total Liabilities, Temporary Equity and Shareholders’ Equity	$ 175,880,520	$ 169,444,179