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Note 9 - Property & Equipment (Tables)
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]

The table below sets forth the book value by type of fixed asset as well as the estimated useful life:

 

Asset Type

 

Estimated
Useful Life

 

March 31, 2025

 

 

December 31, 2024

 

Mineral properties

 

N/A - Units of Production

 

$

48,833,661

 

 

$

48,833,661

 

Land

 

Not Depreciated

 

 

87,737

 

 

 

87,737

 

Buildings and improvements

 

20 - 39

 

 

1,455,546

 

 

 

1,455,546

 

Machinery and equipment

 

3 - 10

 

 

441,563

 

 

 

420,171

 

Vehicles

 

5

 

 

135,862

 

 

 

136,037

 

Computer and office equipment

 

5

 

 

23,235

 

 

 

39,560

 

Furniture & fixtures

 

5

 

 

2,270

 

 

 

2,270

 

Right of use asset

 

2

 

 

86,952

 

 

 

86,952

 

Less: Accumulated depreciation and
   amortization

 

 

 

 

(420,342

)

 

 

(362,701

)

Less: Accumulated impairment

 

 

 

 

(122,136

)

 

 

(122,136

)

Property & Equipment, net

 

 

 

$

50,524,348

 

 

$

50,577,097