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9. Mineral Property
12 Months Ended
Dec. 31, 2018
Extractive Industries [Abstract]  
Mineral Property

NOTE 9.                       MINERAL PROPERTY

 

Kibby Flats

 

In May 2015, the Company acquired twelve (12) unpatented mining claims commonly referred to as Kibby Flats located in Esmerelda County, Nevada for 400,000 shares of restricted and unregistered shares of common stock with an estimated value of $80,000. As of December 31, 2017, the Company determined the carrying value of the Kibby Flats claims was not recoverable. As a result, the Company recognized an impairment loss of $80,000 during the year ended December 31, 2017.

  

QR Claims

 

In November 2015, the Company acquired fifty (50) unpatented mining claims commonly referred to as the “QR Claims 1-50” located in Humboldt County, Nevada for 4,800,000 shares of restricted and unregistered shares of common stock with an estimated value of $617,143. As of December 31, 2017, the Company determined the carrying value of the QR claims was not recoverable. As a result, the Company recognized an impairment loss of $617,143 during the year ended December 31, 2017.