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5. Equipment Sale
9 Months Ended
Sep. 30, 2019
Property, Plant and Equipment [Abstract]  
Equipment Sale

NOTE 5. EQUIPMENT SALE

 

During the nine month periods ended September 30, 2019 and 2018, the Company sold certain mining equipment that had no remaining book value on the date of sale for total cash proceeds of $4,000 and $82,500, respectively. As a result of the sales, the Company recognized a gain of $4,000 and $82,500, respectively, for the nine months ended September 30, 2019 and 2018 in the accompanying statements of operations.