Note 2 - Fixed Assets (Tables)

12 Months Ended

Dec. 31, 2015

Notes Tables

Property, Plant and Equipment, Estimated Useful Lives [Table Text Block]

Description	Useful Life
Land improvements	Estimated life of mine
Building (in years)		15
Mining equipment (in years)	3	–	5
Vehicles (in years)		5

Property, Plant and Equipment [Table Text Block]

	December 31,
	2015			2014
Fixed assets:
Land	$	376,442		$	376,442
Mining claims		12,137			12,137
Land improvements		128,580			128,580
Automobile		66,923			66,923
Mining equipment		124,976			124,976
Buildings		42,055			-
Unamortized asset retirement obligation (Note 3)		98,027			98,027
Construction in-process		-			4,000
Less: Accumulated depreciation		(359,175	)		(327,705	)
Total fixed assets	$	489,965		$	483,380