CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2017	Dec. 31, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 388,571	$ 184,359
Assets held for sale, Net (Note 3)	5,905,768	5,894,220
Prepaid expenses and other current assets (Note 2)	262,405	1,885,792
Total current assets	6,556,744	7,964,371
MINERAL RIGHTS AND PROPERTIES, Net	7,205,081	7,205,081
PROPERTIES, PLANT AND EQUIPMENT, Net (Note 3)	15,745,991	15,148,567
RECLAMATION BOND DEPOSIT	2,622,544	2,622,544
RETIREMENT OBLIGATION ASSET (Note 4)	533,531	617,126
OTHER ASSETS	285,342	285,342
TOTAL ASSETS	32,949,233	33,843,031
CURRENT LIABILITIES:
Accounts payable	434,467	804,551
Accrued expenses (Note 5)	913,494	1,135,934
Long-term debt– current portion (Note 6)	465,360	483,669
Total current liabilities	1,813,321	2,424,154
LONG-TERM LIABILITIES:
Long-term debt (Note 6)	10,893,500	8,986,626
Long-term reclamation liability (Note 4)	7,369,429	7,353,346
Other liabilities	646,794	662,316
Total long-term liabilities	18,909,723	17,002,288
Total liabilities	20,723,044	19,426,442
COMMITMENTS AND CONTINGENCIES (Note 10)
STOCKHOLDERS’ EQUITY:
Common stock, $.000666 par value, 3,950,000,000 shares authorized, 187,740,176 and 185,363,676 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively	124,987	123,453
Additional paid-in capital	226,903,621	226,321,375
Accumulated deficit	(214,802,419)	(212,028,239)
Total stockholders’ equity	12,226,189	14,416,589
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 32,949,233	$ 33,843,031

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).