Capital Stock	3 Months Ended
Mar. 31, 2020
Stockholders' Equity Note [Abstract]
Capital Stock	6. Capital Stock a) Common Stock For the three month period ended March 31, 2020, the Company issued no shares of common stock. Stock To Be Issued For the three months ended March 31, 2020, 500,000 shares became issuable to directors and officers of the Company for services rendered. These transactions have been recorded as stock-based compensation having a fair value of $46,900 within shares to be issued. As of March 31, 2020, the Company has yet to issue 6,571,577 shares of common stock. Of these, 2,500,000 shares of common stock became issuable during the year ended December 31, 2019 for acquisition of mineral rights at an issue price ranging from $0.15 to $0.17 per share. In addition, 2,076,534 shares of common stock are issuable to directors for services. An additional 1,995,043 shares of common stock are yet to be issued for debt settlements from prior years. b) Preferred Stock The Company has authorized Class A preferred stock available to be issued for $1.00 per share, are non-participating and non-voting and accrue cumulative dividends at the rate of 10% per annum. The Company may retract the stock at any time upon the payment of $1.00 per share plus any unpaid dividends. In the event of any wind-up of the Company, the Class A preferred stock has a priority distribution of $1.00 per share plus any unpaid dividends before any distribution to the common stockholders. c) Dividends As at March 31, 2020, the Company was in arrears in dividends on preferred shares. The balance of dividends payable of $374,858 (December 31, 2019 - $359,862) includes dividends of $236,400 (December 31, 2019 - $230,400) and accrued interest of $138,458, (December 31, 2019 - $129,461), accrued at 10.0% interest compounded annually. Preferred dividends for the three month periods ended March 31, 2020 and 2019 had an effect of $nil on loss per share available to common stockholders. d) Warrants The Company has no warrants outstanding as of March 31, 2020 and December 31, 2019. e) Stock-Based Compensation The Company incurred stock-based compensation expense in connection with its compensation agreements for its directors and officers. Under these agreements, common stock may be issued as a signing bonus or at certain benchmark dates within an individual’s period of service. Stock-based compensation is calculated as the fair value of the stock issued or to be issued to an individual at the time the employment contract was signed and is recorded at the time becomes owing to the individual. Stock issued to a director, manager, or employee may be deferred in the event that their contract requires the individual to remain employed with the Company for a specified time period after issuance. For the three month period ended March 31, 2020, the Company’s 500,000 shares (March 31, 2019 - 500,000) became issuable in connection with stock-based compensation arrangements. These shares were valued at $0.12 per share and resulted in compensation expense of $46,900. These fees were recorded as a component of consulting fees in the amount of $46,900 on the unaudited condensed interim statements of operations and comprehensive loss.

Capital Stock

Common Stock

For the three month period ended March 31, 2020, the Company issued no shares of common stock.

Stock To Be Issued

For the three months ended March 31, 2020, 500,000 shares became issuable to directors and officers of the Company for services rendered. These transactions have been recorded as stock-based compensation having a fair value of $46,900 within shares to be issued.

As of March 31, 2020, the Company has yet to issue 6,571,577 shares of common stock. Of these, 2,500,000 shares of common stock became issuable during the year ended December 31, 2019 for acquisition of mineral rights at an issue price ranging from $0.15 to $0.17 per share. In addition, 2,076,534 shares of common stock are issuable to directors for services. An additional 1,995,043 shares of common stock are yet to be issued for debt settlements from prior years.

Preferred Stock

The Company has authorized Class A preferred stock available to be issued for $1.00 per share, are non-participating and non-voting and accrue cumulative dividends at the rate of 10% per annum. The Company may retract the stock at any time upon the payment of $1.00 per share plus any unpaid dividends. In the event of any wind-up of the Company, the Class A preferred stock has a priority distribution of $1.00 per share plus any unpaid dividends before any distribution to the common stockholders.

Dividends

As at March 31, 2020, the Company was in arrears in dividends on preferred shares. The balance of dividends payable of $374,858 (December 31, 2019 - $359,862) includes dividends of $236,400 (December 31, 2019 - $230,400) and accrued interest of $138,458, (December 31, 2019 - $129,461), accrued at 10.0% interest compounded annually.

Preferred dividends for the three month periods ended March 31, 2020 and 2019 had an effect of $nil on loss per share available to common stockholders.

Warrants

The Company has no warrants outstanding as of March 31, 2020 and December 31, 2019.

Stock-Based Compensation

The Company incurred stock-based compensation expense in connection with its compensation agreements for its directors and officers. Under these agreements, common stock may be issued as a signing bonus or at certain benchmark dates within an individual’s period of service. Stock-based compensation is calculated as the fair value of the stock issued or to be issued to an individual at the time the employment contract was signed and is recorded at the time becomes owing to the individual. Stock issued to a director, manager, or employee may be deferred in the event that their contract requires the individual to remain employed with the Company for a specified time period after issuance.

For the three month period ended March 31, 2020, the Company’s 500,000 shares (March 31, 2019 - 500,000) became issuable in connection with stock-based compensation arrangements.

These shares were valued at $0.12 per share and resulted in compensation expense of $46,900. These fees were recorded as a component of consulting fees in the amount of $46,900 on the unaudited condensed interim statements of operations and comprehensive loss.