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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
REVENUE:    
Concentrate sales $ 889,311 $ 229,469
EXPENSES:    
General project costs 2,161,565 1,989,410
Consulting expense 528,817
Exploration expense 99,761 3,146
Officers and directors fees 340,590 253,752
Legal and professional 184,679 129,135
General and administrative 231,308 685,925
Loss on disposal of equipment 51,950
Total Expenses 3,598,670 3,061,368
OPERATING LOSS (2,709,359) (2,831,899)
OTHER INCOME (EXPENSE)    
Gain on extinguishment of DMRJ debt (Note 12) 24,916,561
Interest and other income 6,032 236
Interest expense (46,415) (46,760)
Interest expense - related parties (34,794) (151,749)
Interest expense - DMRJ (421,891)
Loss on settlement of consulting contract (Note 14) (900,000)
Loss on settlement of redeemable stock (Note 20) (63,094)
Financing expense (28,663) (120,000)
Total Other Income (Expense) (1,066,934) 24,176,397
INCOME (LOSS) BEFORE INCOME TAXES (3,776,293) 21,344,498
INCOME TAXES
NET INCOME (LOSS) (3,776,293) 21,344,498
DEEMED CAPITAL CONTRIBUTION ON EXTINGUISHMENT OF PREFERRED STOCK (NOTE  12) 4,068,720
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (3,776,293) $ 25,413,218
BASIC NET INCOME (LOSS) PER SHARE $ (0.15) $ 1.32
DILUTED NET INCOME (LOSS) PER SHARE $ (0.15) $ 1.12
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING-BASIC 25,591,877 19,196,808
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING-DILUTED 25,591,877 22,654,411