March 31,

December 31,

2015

2014

Note payable for mining equipment, payable $1,339 monthly, including interest (a)

$

52,414

$

55,720

Note payable for mining equipment, payable $950 monthly, including interest (b)

11,579

14,057

Note payable for mining equipment, payable $6,060 monthly, including interest (c)

--

6,033

Note payable for lab equipment, payable $9,122 monthly, including interest (d)

----

18,246

Note payable for mine site vehicle, payable $628 monthly (e)

18,851

20,736

Note payable to an insurance company, payable $21,531monthly, including interest (f)

85,422

149,036

Note payable to an insurance company, payable $6,094 monthly, including interest (g)

24,215

42,211

192,481

306,039

Less: Current Portion

(142,417

)

(246,894

)

Notes Payable, Long-Term Portion

$

50,064

$

59,145