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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
OPERATING ACTIVITIES:    
Net loss $ (1,835,065) $ (2,484,903)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, amortization, and depletion 586,921 826,928
Accretion of reclamation liability 5,710 4,876
Gain on sale of properties, plant, and equipment   (26,000)
Amortization of debt discounts and issuance costs 71,623 102,492
Net loss on early retirement of long-term debt 151,531 2,621
Payment-in-kind interest expense 470,246 0
Change in make-whole liability with Pelen, LLC (135,162) 216,147
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 24,934 25,001
Accounts payable 53,573 3,543
Accrued expenses and other liabilities (286,855) 230,368
NET CASH USED IN OPERATING ACTIVITIES (892,544) (1,098,927)
INVESTING ACTIVITIES:    
Proceeds from principal payment on note receivable 130 119
Proceeds from sale of mineral rights and properties, plant, and equipment 0 26,000
Proceeds from deposits on Membership Interest Purchase Agreement 1,950,000 0
Purchase of mineral rights and properties, plant and equipment (365,000) 0
Change in reclamation bond deposit (33,428) 0
NET CASH PROVIDED BY INVESTING ACTIVITIES 1,551,702 26,119
FINANCING ACTIVITIES:    
Principal payments on long-term debt (1,565,687) (99,005)
Proceeds from the issuance of common stock 813,561 1,185,452
Common stock issuance costs (85,093) (52,568)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (837,219) 1,033,879
(DECREASE) IN CASH AND CASH EQUIVALENTS (178,061) (38,929)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 488,657 2,066,718
CASH AND CASH EQUIVALENTS, END OF PERIOD 310,596 2,027,789
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 34,460 17,509
Supplemental disclosure of non-cash investing and financing activities:    
Common Stock Issuance Costs 0 200,000
Issuance of common stock (in advance) to purchase membership interest $ 0 $ 585,000