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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
REVENUE        
Sales $ 1,615,791 $ 1,393,967 $ 3,747,776 $ 2,706,047
OPERATING EXPENSES        
General production and project costs 850,840 946,963 2,959,742 2,332,484
Processing costs 65,196 143,144
Depreciation and amortization 237,424 298,475 494,230 590,826
Other operating costs 102,557 122,959 135,161 299,650
Exploration expense 4,997 38,144 4,997 342,350
Legal and professional 41,005 15,146 113,436 89,382
Officers and directors fees 78,371 87,718 167,665 171,472
General and administrative 120,966 69,446 195,545 129,682
Loss on disposal of equipment 30,081 2,127 234,164 162
Forward gold contract expense (NOTE 3) 576,444 1,281,550
TOTAL OPERATING EXPENSES 2,107,881 1,580,978 5,729,634 3,956,008
LOSS FROM OPERATIONS (492,090) (187,011) (1,981,858) (1,249,961)
OTHER INCOME (EXPENSE)        
Interest and other income 40 40 375
Interest expense – equipment financing (29,415) (20,214) (52,878) (47,829)
Interest expense - other (3,612) (853) (34,845) (853)
TOTAL OTHER INCOME (EXPENSE) (32,987) (21,067) (87,683) (48,307)
NET LOSS BEFORE INCOME TAX (525,077) (208,078) (2,069,541) (1,298,268)
Provision (benefit) for income tax
NET LOSS $ (525,077) $ (208,078) $ (2,069,541) $ (1,298,268)
Basic and diluted loss per share (in Dollars per share) $ (0.02) $ (0.01) $ (0.08)
Basic and diluted weighted average number shares outstanding (in Shares) 26,831,603 26,631,603 26,831,603 26,631,603