Prepaid Forward Gold Contract Liability (Tables)

6 Months Ended

Jun. 30, 2022

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

	June 30,		December 31,
	2022		2021
Total ounces to be delivered		18,463		11,542
Contractual payment per ounce in lieu of delivery	$	500	$	500
Amount due to PDK	$	9,231,500	$	5,771,000

	For the three months ended June 30,
	2022			2021
Prepaid forward gold contract liability balance at beginning of period	$	9,473,383		$	12,633,606
Forward gold contract balance associated with ounces to be delivered during period		883,332			576,444
Reduction in prepaid forward gold contract liability balance		(2,094,000	)		(1,366,500	)
Prepaid forward gold contract liability balance at end of period	$	8,262,715		$	11,843,550

	For the six months ended June 30,
	2022			2021
Prepaid forward gold contract liability balance at beginning of period	$	10,263,439		$	13,600,000
Forward gold contract balance associated with ounces to be delivered during period		1,459,776			1,281,550
Reduction in prepaid forward gold contract liability balance		(3,460,500	)		(3,038,000	)
Prepaid forward gold contract liability balance at end of period	$	8,262,715		$	11,843,550

Schedule of royalties, upside participation and interest payable

	June 30,		December 31,
	2022		2021
Royalties payable	$	511,643	$	403,388
Royalties withholding payable		26,931		23,396
Upside participation payable		1,983,964		1,550,849
Total	$	2,522,538	$	1,977,633