Subsequent Events

9 Months Ended

Sep. 30, 2016

Subsequent Events [Abstract]

Subsequent Events [Text Block]

15. Subsequent Events

On October 1st, 2016, the Company made an interest payment of $1,050,023 in accordance with the terms of the June 2015 loan agreement.

Subsequent to September 30, 2016, GQM LLC acquired a blasthole drill valued at $1.1 million. A down payment of $0.2 million was made with the remaining amount being financed over 36 months at a rate of 4.40%. The loan agreement has been guaranteed by Golden Queen