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Asset Retirement Obligations (Tables)
6 Months Ended
Jun. 30, 2015
Asset Retirement Obligations Tables  
Asset Retirement Obligations

Following is a reconciliation of the aggregate reclamation liability (ARO) associated with MAB-Z's reclamation plan for our mining projects:

 

    December 31,     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:

 

    December 31,     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     $ -