XML 15 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Thunder Mountain Gold, Inc. Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 36,454 $ 108,184
Prepaid expenses and other assets 28,473 33,903
Total current assets 64,927 142,087
Property and Equipment:    
Land 280,333 280,333
Equipment, net of accumulated depreciation of $75,959 and $15,047, respectively 106,646 218,918
Total property and equipment 386,979 499,251
Mineral interests [1] 479,477 479,477
Total assets 931,383 1,120,815
Current liabilities:    
Accounts payable and other accrued liabilities 92,311 86,813
Accrued related party liability [2] 181,313 181,313
Accrued interest payable to related parties [2] 36,949 17,723
Deferred payroll [3] 871,500 568,500
Related parties notes payable, net of discount [2] 217,688 126,576
Total current liabilities 1,399,761 980,925
Accrued reclamation costs 65,000 65,000
Total liabilities 1,464,761 1,045,925
Commitments and Contingencies [4] 0 0
Stockholders' equity (deficit):    
Preferred stock; $0.0001 par value, 5,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock; $0.001 par value; 200,000,000 shares authorized, 55,095,579 and 54,680,579, respectively shares issued and outstanding 55,096 54,681
Additional paid-in capital 5,457,538 5,350,513
Less: 11,700 shares of treasury stock, at cost (24,200) (24,200)
Accumulated deficit (6,195,923) (5,484,806)
Total Thunder Mountain Gold, Inc stockholders' equity (deficit) (707,489) (103,812)
Noncontrolling interest in Owyhee Gold Trust [1] 174,111 178,702
Total stockholders' equity (deficit) (533,378) 74,890
Total liabilities and stockholders' equity (deficit) $ 931,383 $ 1,120,815
[1] Note 3
[2] Note 5
[3] Note 6
[4] Notes 2 and 3