Nature of Business and Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2023

Nature of Business and Summary of Significant Accounting Policies [Abstract]

Schedule of Costs Related to the ARO Estimate that had an Effect on the Accretion and Estimated Costs

During the period ended June 30, 2023, the Company incurred certain costs related to the ARO estimate that had an effect on the accretion and estimated costs.

	2023			2022
Balance, January 1	$	2,814,435		$	1,868,265
Accretion		52,822			25,469
Costs applied to ARO balance		(38,343	)		(130,853	)
Acquisition of CR Reward ARO		0			1,100,434
Change in estimates		(68,308	)		202,079
Balance, June 30 (current)	$	110,700		$	989,300
Balance, June 30 (long term)	$	2,649,906		$	2,076,094
Life of mine		2028			2028
Discount rate		4.0	%		3.0	%
Inflation rate (average)		2.2	%		2.6	%

Schedule of Basic and Diluted Earnings Per Share

The following table shows basic and diluted earnings per share:

	Three Months Ended					Six Months Ended
	6/30/2023		6/30/2022			6/30/2023		6/30/2022
Basic and Diluted Earnings (Loss) per Common Share
Earnings (loss)	$	2,876,946	$	(7,549,593	)	$	8,322,904	$	(8,970,806	)
Basic weighted average shares outstanding		85,929,753		72,429,628			85,186,643		71,479,686
Assumed conversion of dilutive shares		58,334		0			58,334		0
Diluted weighted average common shares outstanding, assuming conversion of common stock equivalents		85,988,087		72,429,628			85,244,977		71,479,686
Basic Earnings (Loss) Per Common Share	$	0.03	$	(0.10	)	$	0.10	$	(0.13	)
Diluted Earnings (Loss) Per Common Share	$	0.03	$	(0.10	)	$	0.10	$	(0.13	)

Schedule of Dilutive and Anti-Dilutive Shares

The following details the dilutive and anti-dilutive shares:

	Dilutive shares - In the money		Anti-dilutive shares - Out of the money		Total
Options		58,334		4,991,668		5,050,002
Warrants		0		34,701,615		34,701,615
Total		58,334		39,693,283		39,751,617