XML 35 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Goldrich Mining Company Consolidated Balance Sheets (interim period unaudited) (USD $)
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 91,954us-gaap_CashAndCashEquivalentsAtCarryingValue $ 206,025us-gaap_CashAndCashEquivalentsAtCarryingValue
Gold Inventory 2,433us-gaap_InventoryOreStockpilesOnLeachPads 71,021us-gaap_InventoryOreStockpilesOnLeachPads
Prepaid expenses 339,576us-gaap_PrepaidExpenseCurrent 70,136us-gaap_PrepaidExpenseCurrent
Deferred financing costs 24,309us-gaap_DeferredFinanceCostsCurrentNet 28,161us-gaap_DeferredFinanceCostsCurrentNet
Other current assets 56,731us-gaap_OtherAssetsCurrent 56,731us-gaap_OtherAssetsCurrent
Total current assets 515,003us-gaap_AssetsCurrent 432,074us-gaap_AssetsCurrent
Property, plant, equipment, and mining claims:    
Equipment, net of accumulated depreciation 93,488us-gaap_PropertyPlantAndEquipmentOtherNet 117,311us-gaap_PropertyPlantAndEquipmentOtherNet
Mining properties and claims 582,166us-gaap_MineralRights 582,166us-gaap_MineralRights
Total property, plant, equipment and mining claims 675,654us-gaap_PropertyPlantAndEquipmentNet 699,477us-gaap_PropertyPlantAndEquipmentNet
Investment in joint venture 55,300us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures 55,300us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
Total assets 1,245,957us-gaap_Assets 1,186,851us-gaap_Assets
Current liabilities:    
Accounts payable and accrued liabilities 339,409us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 272,947us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Related party payable 85,046us-gaap_DueToRelatedPartiesCurrent 73,659us-gaap_DueToRelatedPartiesCurrent
Remediation 878,000us-gaap_AssetRetirementObligationCurrent 878,000us-gaap_AssetRetirementObligationCurrent
Notes payable in gold, net 576,696us-gaap_NotesPayableCurrent 576,696us-gaap_NotesPayableCurrent
Dividend payable on preferred stock 22,083us-gaap_DividendsPayableCurrent 22,083us-gaap_DividendsPayableCurrent
Total current liabilities 1,901,234us-gaap_LiabilitiesCurrent 1,823,385us-gaap_LiabilitiesCurrent
Long-term liabilities:    
Note payable, net of discount 262,837us-gaap_LongTermNotesPayable 257,168us-gaap_LongTermNotesPayable
Remediation and asset retirement obligation 350,255us-gaap_AssetRetirementObligationsNoncurrent 347,282us-gaap_AssetRetirementObligationsNoncurrent
Total long-term liabilities 613,092us-gaap_LongTermDebt 604,450us-gaap_LongTermDebt
Total liabilities 2,514,326us-gaap_Liabilities 2,427,835us-gaap_Liabilities
Stockholders' deficit:    
Convertible preferred stock series A; 5% cumulative dividends, no par value, 1,000,000 shares authorized; 175,000 shares issued and outstanding, $350,000 liquidation preferences 175,000us-gaap_ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue 175,000us-gaap_ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
Convertible preferred stock series B; no par value, 300 shares authorized, 200 shares issued and outstanding, $200,000 liquidation preference 57,758fil_PreferredStockSeriesBValue 57,758fil_PreferredStockSeriesBValue
Common stock; $.10 par value, 250,000,000 shares authorized; 130,882,809 and 126,082,809 issued and outstanding, respectively 13,088,281us-gaap_CommonStockValue 12,608,281us-gaap_CommonStockValue
Additional paid-in capital 13,139,338us-gaap_AdditionalPaidInCapital 13,380,145us-gaap_AdditionalPaidInCapital
Deficit accumulated during the exploration stage (27,728,746)us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage (27,462,168)us-gaap_DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage
Total stockholders' deficit (1,268,369)us-gaap_StockholdersEquity (1,240,984)us-gaap_StockholdersEquity
Total liabilities and stockholders' deficit $ 1,245,957us-gaap_LiabilitiesAndStockholdersEquity $ 1,186,851us-gaap_LiabilitiesAndStockholdersEquity