XML 16 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities    
Net loss $ (105,169) $ (113,448)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock compensation 0 54,642
Loss on sale of mining equipment 32,503 0
Change in related party accounts payable (14,260) 0
Change in accounts payable 34,363 43,007
Net cash used in operating activities (52,563) (15,799)
Cash Flows From Investing Activities    
Proceeds from sale of mining equipment 47,175 0
Net cash provided by investing activities 47,175 0
Cash Flows from Financing Activities    
Proceeds from issuance of related party notes payable 0 13,851
Proceeds from issuance of common stock 5,000 0
Net cash provided by financing activities 5,000 13,851
Net increase in cash and cash equivalents (388) (1,948)
Cash and cash equivalents at beginning of the period 536 2,011
Cash and cash equivalents at end of the period 148 63
Supplementary Disclosures of Cash Flow Information    
Cash paid for income taxes 0 0
Cash paid for interest 0 0
Non-Cash Investing and Financing Activities    
Common stock issued for Mineral Property and Mining Equipment acquisition $ 0 $ 128,571