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2. Summary of Significant Accounting Policies: Mine Preparation Costs (Policies)
9 Months Ended
Sep. 30, 2015
Policies  
Mine Preparation Costs

Mine Preparation Costs

 

Mine preparation costs are expenditures incurred in the exploration stage that may ultimately benefit production are expensed due to the lack of proven and probable reserves, which would indicate future recovery of these expenses. These costs are expensed in the period in which they occur.