Prepaid Forward Gold Contract Liability (Tables)

12 Months Ended

Dec. 31, 2021

Forward Gold Sales Contract Liability [Abstract]

Schedule of company is obligated to deliver gold

Months	Gold Ounces per Month		Total Gold Ounces
December 2020		655		655
January 2021 to March 2021		896		2,688
April 2021 to March 2022		911		10,932
April 2022 to March 2023		1,396		16,752
April 2023 to December 2023		1,753		15,777
January 2024		241		241
				47,045

Schedule of related contract expense

Total ounces to be delivered through December 31, 2021		11,542
Contractual payment per ounce in lieu of delivery	$	500
Due to PDK in lieu of gold deliveries at December 31, 2021	$	5,771,000
Forward gold contract balance associated with 11,542 ounces		(3,336,561	)
Forward gold contract expense for the year ended December 31, 2021	$	2,434,439
Prepaid forward gold contract liability balance at December 31, 2020	$	13,600,000
Forward gold contract balance associated with 11,542 ounces		(3,336,561	)
Prepaid forward gold contract liability balance at December 31, 2021	$	10,263,439

Schedule of royalties, upside participation and interest payable

	December 31,		December 31,
	2021		2020
Royalties payable	$	403,388	$	210,802
Royalties withholding payable		23,396		11,095
Upside participation payable		1,550,849		576,360
Subtotal		1,977,633		798,257
Interest payable (incl. in accounts payable and accrued liabilities		120,989		5,600
Total	$	2,098,622	$	803,857