Long-Term Reclamation Liability and Retirement Obligation Asset

9 Months Ended

Sep. 30, 2017

Following is a reconciliation of the aggregate reclamation liability associated with our reclamation plan for our mining projects:



	Nine Months Ended		Twelve Months Ended
	September 30, 2017		December 31, 2016
Long-term reclamation liability — beginning of period	$	7,353,346	$	6,827,568
Additional obligations incurred	—		340,000
Accretion of reclamation liability	48,250		185,778
Long-term reclamation liability — end of period	$	7,401,596	$	7,353,346

Following is a reconciliation of the aggregate retirement obligation asset associated with our reclamation plan for our mining projects:



	Nine Months Ended			Twelve Months Ended
	September 30, 2017			December 31, 2016
Retirement obligation asset — beginning of period	$	617,126		$	1,107,120
Additional obligations incurred	—			340,000
Amortization of retirement obligation asset	(250,785		)	(829,994		)
Retirement obligation asset — end of period	$	366,341		$	617,126