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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
REVENUES    
Sales - precious metals $ 170,549 $ 906,400
Exploration and related costs (685,383) (887,549)
GROSS (DEFICIT) MARGIN (514,834) 18,851
OPERATING EXPENSES    
Professional fees 86,915 230,881
General and administrative 133,046 199,349
Officer salaries and bonus 150,000 150,000
Total Operating Expenses 369,961 580,230
OPERATING LOSS (884,795) (561,379)
OTHER INCOME (EXPENSE)    
Gain on derivative 43,722  
Interest expense, net (32,487) (6,205)
Total Other Income (Expense) 11,235 (6,205)
NET LOSS $ (873,560) $ (567,584)
BASIC AND DILUTED NET LOSS PER COMMON SHARE (in dollars per share) $ (0.05) $ (0.04)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC AND DILUTED (in shares) 19,165,152 14,704,961