Inventories

9 Months Ended

Sep. 30, 2019

Inventory Disclosure [Abstract]

INVENTORIES

NOTE 5 – INVENTORIES

Inventories at September 30, 2019 and December 31, 2018 consists of the following:

	September 30, 2019			December 31, 2018
Ore on leach pad	$	2,756,624		$	1,193,341
Carbon column in process		88,372			-
Finished goods		6,741			-
Total		2,851,737			1,193,341
Less: current portion		(2,851,737	)		(1,193,341	)
Non-current inventories	$	-		$	-

Inventories at September 30, 2019 and December 31, 2018 were valued at net realizable value because inventory-related costs were greater than the amount the Company expects to receive on the sale of the estimated gold ounces contained in inventories at both period-end dates.