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1. Summary of Significant Accounting Policies and Business Operations: Principles of Consolidation (Policies)
9 Months Ended
Sep. 30, 2021
Policies  
Principles of Consolidation

Principles of Consolidation

 

The consolidated financial statements include the accounts of the Company; its wholly owned subsidiaries, Thunder Mountain Resources, Inc. (“TMRI”) and South Mountain Mines, Inc. (“SMMI”); and a company in which the Company owns 75% and has majority control, Owyhee Gold Trust, LLC (“OGT”).    The Company’s consolidated financial statements reflect the other investor’s 25% non-controlling, capped interest in OGT.   Intercompany accounts are eliminated in consolidation.