Property and Equipment

6 Months Ended

Jun. 30, 2017

Property and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 5 - PROPERTY AND EQUIPMENT

The following is a summary of property, equipment, and accumulated depreciation at June 30, 2017 and December 31, 2016:

	June 30,			December 31,
	2017			2016
Equipment	$	3,077,482		$	3,046,803
Furniture and fixtures, temporary housing		6,981			6,981
Electronic and computerized equipment		52,874			52,874
Vehicles		67,115			67,115
		3,204,452			3,173,773
Less accumulated depreciation		(1,373,529	)		(1,144,108	)
		1,830,923			2,029,665
Kiewit property facilities		2,497,435			2,497,436
Less accumulated amortization		(487,214	)		(487,214	)
		2,010,221			2,010,222
Total	$	3,841,144		$	4,039,887

In November 2016, five pieces of mining equipment financed by CAT Financial were returned to CAT. See Note 9.