XML 21 R5.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net (loss) $ (511,729) $ (49,223)
Adjustments to reconcile net (loss) to net cash used by operating activities:    
Depreciation 559 996
Stock based compensation 158,341 (0)
Gain on mineral interest 0 (250,000)
Unrealized loss on investment 239,064 234,518
Change in:    
Prepaid expenses and other assets 15,306 13,469
Accounts payable and other accrued liabilities 14,810 (28,575)
Advance from BeMetals 28,331 (9,912)
Net cash used by operating activities (55,318) (88,727)
Cash flows from investing activities:    
Proceeds from mineral interest 0 250,000
Net cash provided by investing activities 0 250,000
Cash flows from financing activities:    
Payments on related parties notes payable 0 (20,000)
Net cash used by financing activities (0) (20,000)
Net increase (decrease) in cash and cash equivalents (55,318) 141,273
Cash and cash equivalents, beginning of period 1,156,622 274,155
Cash and cash equivalents, end of period $ 1,101,304 $ 415,428