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Note 2 - Summary of Significant Accounting Policies: Impairment of Long-lived Assets and Mining Rights (Policies)
12 Months Ended
Dec. 31, 2015
Policies  
Impairment of Long-lived Assets and Mining Rights

Impairment of Long-lived Assets and Mining Rights

 

We continually monitor events and changes in circumstances that could indicate that our carrying amounts of long-lived assets, including mineral rights, may not be recoverable. When such events or changes in circumstances occur, we assess the recoverability of long-lived assets by determining whether the carrying value of such assets will be recovered through their undiscounted expected future cash flow. If the future undiscounted cash flow is less than the carrying amount of these assets, we recognize an impairment loss based on the excess of the carrying amount over the fair value of the assets.