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Mining and Mineral Rights
3 Months Ended
Mar. 31, 2021
Mineral Industries Disclosures [Abstract]  
MINING AND MINERAL RIGHTS

NOTE 3 – MINING AND MINERAL RIGHTS


The Company is preparing the Tonopah property site for the construction of a permitted custom processing toll milling facility including grading the land, installing fencing, and working with contractors for our planned 21,875 square foot building and servicing and drilling various wells for our future operations.


The Company has continued to assess the realizability of its mining and mineral rights. Based on an assessment the Company conducted in January 2021, the Company believes the carrying value of the rights recorded on its books is not impaired. However, the Company determined that its land, mineral rights, and water rights are inseparable and depend on each other in value creation. Accordingly, during the year ended December 31, 2018, the Company combined the carrying value of the assets to present more clearly their intended use together.