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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash $ 148,533
Restricted cash 30,000 1,101
Prepaid expenses 8,333 625
Total Current Assets 186,866 1,726
FIXED ASSETS    
Land, equipment, mining claims and asset retirement liabilities 849,140 849,140
Accumulated deprecation (383,779) (381,621)
Total Fixed Assets, Net of Accumulated Depreciation 465,361 467,519
OTHER NON-CURRENT ASSETS    
Reclamation bonds 100,042 100,042
TOTAL ASSETS 752,269 569,287
CURRENT LIABILITIES    
Accounts payable 92,934 80,668
Accounts payable – related party 21,606 40,095
Note Payable – related party 6,600 5,500
Wastewater discharge liability 150,000 75,000
Derivative liability 1,250,276 659,622
Note payable 10,000 10,000
Accrued interest payable 15,726 7,404
Accrued wages and advances payable to officer 50,757 163,257
Total Current Liabilities 1,597,899 1,041,546
LONG-TERM LIABILITIES    
Convertible notes payable – related party, net of $594,029 and $247,710 in debt issuance costs and debt discount, respectively 5,971 2,290
Convertible note payable, net of $144,968 and $145,949 in debt issuance costs and debt discount, respectively 5,032 4,051
Asset retirement obligation 122,950 122,950
Total Liabilities 1,731,852 1,170,837
STOCKHOLDERS' DEFICIT    
Preferred stock; $0.001 par value, 50,000,000 shares authorized, 0 and 0 shares issued and outstanding, respectively
Common stock, $0.001 par value, 50,000,000 shares authorized, 19,221,970 and 19,165,152 shares issued and 19,178,346 and 19,121,528 shares outstanding, respectively 19,222 19,165
Additional paid-in capital 17,999,621 17,963,315
Treasury stock; 43,624 and 43,624 shares at cost, respectively (86,692) (86,692)
Accumulated deficit (18,911,734) (18,497,338)
Total Stockholders' Deficit (979,583) (601,550)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 752,269 $ 569,287