INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2022

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, 2022 and 2021:

	2022			2021
Deferred tax assets arising from:
Capitalized exploration and development costs	$	29,000		$	46,000
Unrecovered promotional and exploratory costs		112,000			112,000
Accrued remediation costs		72,000			69,000
Notes payable in gold		1,000			-
Share based compensation		35,000			35,000
Net operating loss carryforwards		14,156,000			13,832,000
Total deferred tax assets		14,405,000			14,094,000
Less valuation allowance		(14,405,000	)		(14,087,000	)
Deferred tax liabilities arising from:		-			7,000
Notes 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:

	2022					2021
Federal income tax expense (benefit) based on statutory rate	$	(222,000	)	21.0	%	$	(472,000	)	21.0	%
State income tax expense (benefit), net of federal taxes		(97,000	)	8.8	%		(196,000	)	8.7	%
Revision of NOL estimates, state apportionment factors and state effective tax rates		1,000		0.1	%		275,000		(12.2	)%
Increase (decrease) in valuation allowance		318,000		(29.9	)%		393,000		(17.5	)%
Total taxes on income (loss)	$	-		-	%	$	-		-	%