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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating expenses:    
Mine preparation costs $ 8,830 $ 19,389
Exploration expense 4,737
Management fees and salaries 51,525 55,156
Professional services 38,211 48,398
General and administration 52,360 139,576
Office supplies and other 8,570 3,291
Directors’ fees 3,600 1,200
Mineral property maintenance 31,486 31,486
Arbitration costs (Note 3) 7,775 33,427
Total operating expenses 202,357 336,660
Other (income) expense:    
Change in fair value of notes payable in gold 36,363 (52,437)
Interest expense and finance costs – related party 152,408 138,025
Interest expense and finance costs 73,663 58,340
Total other (income) expense 262,434 143,928
Net loss (464,791) (480,588)
Preferred dividends 1,875 1,875
Net loss available to common stockholders $ (466,666) $ (482,463)
Net loss per common share – basic and diluted $ (0.00) $ (0.00)
Weighted average common shares outstanding – basic and diluted 181,423,786 169,004,154