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Condensed Interim Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,639,792) $ (2,069,541)
Adjustments to reconcile net loss to net cash provided (used) by operating activities    
Depreciation and amortization 494,121 494,230
Accretion of asset retirement obligation 67,071 60,974
Write down of inventory to net realizable value 1,235,568 108,993
Loss on disposal of equipment 18,468 234,164
Changes in operating assets and liabilities:    
Accounts receivable 233,309 (9,305)
Inventories (228,486) 1,085,329
Prepaid expenses and other current assets (3,130) 3,984
Accounts payable and accrued liabilities (126,343) (925,843)
Royalties and upside participation payable (NOTE 7) 544,905 577,585
Accrued interest, prepaid forward gold contract 232,516  
Accrued liabilities – officer and other wages 16,000 40,462
Due to PDK in lieu of gold deliveries (NOTE 7) 3,460,500 3,038,000
Prepaid forward gold contract liability (NOTE 7) (2,000,723) (1,756,450)
Net cash provided by operating activities 1,303,984 882,582
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property and equipment (117,880) (118,887)
Proceeds from sale of equipment 45,000
Payments on reclamation bonds (89,056) (189,040)
Net cash used by investing activities (161,936) (307,927)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of notes payable (400,321) (540,567)
Net cash used by financing activities (400,321) (540,567)
Net increase in cash and cash equivalents 741,727 34,088
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 424,629 173,287
CASH AND CASH EQUIVALENTS AT END OF PERIOD 1,166,356 207,375
NON-CASH FINANCING AND INVESTING ACTIVITIES:    
Equipment acquired with notes payable – equipment 426,751
Land and building purchased with note payable and accrued rent $ 158,000