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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
REVENUE:    
Concentrate sales $ 5,341,997 $ 851,661
Processing income 132,110
Total revenue 5,474,107 851,661
EXPENSES:    
General project costs 4,493,260 589,329
Processing costs 46,409
Depreciation and amortization 1,255,897 1,201,197
Other operating costs 686,673 333,389
Consulting expense 89,898 528,817
Exploration expense 342,350 99,761
Officers and directors fees 338,500 340,590
Legal and professional 118,908 184,679
General and administrative 293,343 231,308
Loss on disposal of equipment 162 51,950
Total expenses 7,665,400 3,561,020
OPERATING LOSS (2,191,293) (2,709,359)
OTHER INCOME (EXPENSE)    
Interest and other income 4,198 6,032
Interest expense - equipment financing (84,629) (46,415)
Interest expense - other (32,366) (34,794)
Loss on settlement of consulting contract (Note 14) (900,000)
Loss on settlement of redeemable stock (Note 20) (63,094)
Financing expense (28,663)
Gain on forgiveness of CARES Act Loan (Note 12) 463,497
Total other income (expense) 350,700 (1,066,934)
INCOME (LOSS) BEFORE INCOME TAXES (1,840,593) (3,776,293)
INCOME TAXES
NET INCOME (LOSS) $ (1,840,593) $ (3,776,293)
BASIC AND DILUTED NET INCOME (LOSS) PER SHARE $ (0.07) $ (0.15)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING-BASIC AND DILUTED 26,723,953 25,591,877