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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
REVENUES $ 148,303 $ 975,328 $ 2,300,998 $ 3,089,422
OPERATING EXPENSES:        
Production costs 412,713 539,951 2,125,007 1,572,795
Exploration costs 47,172 270,700 304,631 821,814
General and administrative 664,217 977,716 2,137,655 3,227,852
Depreciation expense 329,357 340,165 989,123 1,014,585
Total Operating Expenses 1,453,459 2,128,532 5,556,415 6,637,046
Operating Loss (1,305,156) (1,153,204) (3,255,417) (3,547,624)
OTHER INCOME (EXPENSE):        
Interest expense, net, including amortization of deferred financing cost and debt discount (2,527,374) (1,792,412) (6,843,524) (4,521,672)
Other income (expense) (4,064) 1,042 21,620 106,021
Total Other Income (Expense) (3,101,911) (657,221) (5,755,536) (1,990,096)
Net (Loss) Income $ (4,407,067) $ (1,810,425) $ (9,010,953) $ (5,537,720)
Net (Loss)Income Per Share (Basic and Diluted) (in dollars per share) $ (0.04) $ (0.02) $ (0.08) $ (0.05)
Weighted Average Shares Outstanding (Basic and Diluted) (in shares) 118,862,734 108,482,042 112,094,593 101,231,559
PIK Note Derivative Liability [Member]        
OTHER INCOME (EXPENSE):        
Gain (Loss) on revaluation of PIK Note derivative $ (570,473) $ 1,134,149 $ 1,066,368 $ 2,425,555