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Asset Retirement Obligations (Tables)
9 Months Ended
Sep. 30, 2014
Asset Retirement Obligation Disclosure [Abstract]  
Asset retirement obligations, aggregate reclamation liability and retirement obligation asset

 

Long-Term Reclamation Liability and Retirement Obligation Asset
 
Following is a reconciliation of the aggregate reclamation liability associated with our reclamation plan for our mining projects:

 

    September 30,     December 31,  
    2014     2013  
Long-term reclamation liability — beginning of period   $ -     $ -  
Additional obligations incurred     83,350       -  
Accretion of reclamation liability     -       -  
Long-term reclamation liability — end of period   $ 83,350     $ -  

 

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

 

    September 30,     December 31,  
    2014     2013  
Retirement obligation asset — beginning of period   $ -     $ -  
Additional obligations incurred     83,350       -  
Amortization of retirement obligation asset     -       -  
Retirement obligation asset — end of period   $ 83,350     $ -