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Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash $ 173,287 $ 2,116,432
Inventories (Note 5) 5,341,997 4,333,682
Prepaid expenses and other current assets 18,713 181,030
Total Current Assets 5,533,997 6,631,144
INVENTORIES (Note 5) 1,505,020
PROPERTY AND EQUIPMENT, net (Note 6) 5,389,660 5,287,515
MINERAL PROPERTIES AND INTERESTS, net (Note 7) 3,785,868 3,729,637
RECLAMATION BONDS (Note 4) 758,011 759,351
TOTAL ASSETS 16,972,556 16,407,647
CURRENT LIABILITIES    
Accounts payable and accrued expenses 1,470,700 400,807
Royalties and upside participation payable (Note 3) 787,162 36,074
Accrued liabilities-officer and other wages (Notes 17 and 20) 71,697
Notes payable - equipment, current portion (Note 11) 981,759 1,302,239
Prepaid forward gold contract liability, current portion (Note 3) 3,336,618 189,351
Settlement of consulting contract payable (Note 14) 200,000 200,000
Total Current Liabilities 6,847,936 2,128,471
LONG-TERM LIABILITIES    
Notes payable - equipment (Note 11) 226,427
Asset retirement obligation (Note 13) 1,233,514 826,637
Prepaid forward gold contract liability (Note 3) 10,263,382 13,410,649
Total long-term liabilities 11,723,323 14,237,286
TOTAL LIABILITIES 18,571,259 16,365,757
COMMITMENTS AND CONTINGENCIES (Note 20)
STOCKHOLDERS' EQUITY (DEFICIT) (Note 15)    
Preferred stock, $0.001 par value, 10,000,000 shares authorized; none issued or outstanding
Common stock, $0.001 par value, 100,000,000 shares authorized; 26,831,603 and 26,631,603 shares issued and outstanding 26,833 26,633
Additional paid-in capital 9,666,275 9,466,475
Accumulated deficit (11,291,811) (9,451,218)
Total Stockholders' Equity (Deficit) (1,598,703) 41,890
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 16,972,556 $ 16,407,647