Inventories

12 Months Ended

Dec. 31, 2018

Inventory Disclosure [Abstract]

INVENTORIES

NOTE 6 – INVENTORIES

The following table provides the components of inventories:

	December 31,
	2018			2017 (Revised)
Ore on leach pad	$	1,193,341		$	2,058,370
Less: current portion		(1,193,341	)		(371,778	)
Non-current inventories	$	-		$	1,686,592

Inventories at December 31, 2017 are allocated between current and non-current based on estimated expected sales for the subsequent fiscal year. All inventory at December 31, 2018 is expected to be sold during 2019. Thus the entire balance is classified as current. Inventories at December 31, 2018 and December 31, 2017 and was valued at net realizable value because costs were greater than the market price for gold at both year-end dates.