INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Assets and Liabilities

Following are the components of deferred tax assets, liabilities and allowances at December 31, 2021 and 2020:

INCOME TAXES

	2021			2020
Deferred tax assets arising from:
Capitalized exploration and development costs	$	46,000		$	57,000
Unrecovered promotional and exploratory costs		112,000			112,000
Accrued remediation costs		69,000			68,000
Note payable in gold		-			29,000
Share based compensation		278,000			278,000
Net operating loss carryforwards		13,832,000			13,150,000
Total deferred tax assets		14,337,000			13,694,000
Less valuation allowance		(14,330,000	)		(13,694,000	)
		7,000			-
Deferred tax liabilities arising from:
Note payable in gold		(7,000	)		-
Total deferred tax liabilities		(7,000	)		-
Net deferred tax	$	-		$	-

Schedule of Effective Income Tax Rate Reconciliations

The differences between the provision (benefit) for federal income taxes and federal income taxes computed using the U.S. statutory tax rate of 21% were as follows:

INCOME TAXES (Details 2)

	2021					2020
Federal income tax expense (benefit) based on statutory rate	$	(472,000	)	21.0	%	$	(455,000	)	21.0	%
State income tax expense (benefit), net of federal taxes		(196,000	)	8.7	%		(190,000	)	8.7	%
Revision of NOL estimates, state apportionment factors and state effective tax rates		32,000		(1.4	)%		2,000		(0.1	)%
Increase (decrease) in valuation allowance		636,000		(28.3	)%		643,000		(29.6	)%
Total taxes on income (loss)	$	-		-	%	$	-		-	%