XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash $ 2,043,276 $ 332,813
Prepaid 188,873 156,959
Deferred stock issuance costs 0 121,424
Deposits 7,028 7,028
Total current assets 2,239,177 618,224
Other assets    
Equipment, net 1,066,420 1,088,449
Reclamation bonds 1,115,813 0
Mineral properties, net 58,962,286 58,962,286
Total other assets 61,144,519 60,050,735
Total assets 63,383,696 60,668,959
Current liabilities    
Accounts payable 1,069,573 2,906,285
Note payable and accrued interest - related party 24,101,116 22,843,322
Asset retirement obligation 110,700 1,009,496
Total current liabilities 25,281,389 26,759,103
Long term liabilities    
Asset retirement obligation, net of current 2,649,906 1,804,939
Warrant liability 3,723,108 15,615,406
Total long term liabilities 6,373,014 17,420,345
Total liabilities 31,654,403 44,179,448
Stockholders’ equity    
Preferred stock 0 0
Common stock, 750,000,000 shares authorized, $ .0001 par value; 85,929,753 shares issued and outstanding as of 6/30/23 and 79,204,606 shares issued and outstanding as of 12/31/22 8,593 7,920
Additional paid in capital 63,291,549 56,375,344
Accumulated deficit (31,570,849) (39,893,753)
Total stockholders’ equity 31,729,293 16,489,511
Total liabilities and stockholders’ equity 63,383,696 60,668,959
Series A Preferred Stock    
Stockholders’ equity    
Preferred stock 0 0
Series B Preferred Stock    
Stockholders’ equity    
Preferred stock $ 0 $ 0