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Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 47,652 $ 1,049,880
Accounts receivable 27,265 364,952
Deposits and prepaid expenses 205,922 371,206
Other current receivables 0 16,801
Total Current Assets 280,839 1,802,839
Total 2,802,391 4,075,176
Other Assets    
Deposits 240,934 200,524
Assets Held for Sale 0 1,000
Total Other Assets 240,934 201,524
TOTAL ASSETS 3,324,164 6,079,539
Current Liabilities    
Accounts payable and accrued liabilities 963,609 622,331
PIK Note interest accrual 57,334 961,395
Current portion of notes payable 212,134 234,149
Total Current Liabilities 1,233,077 1,817,875
Long-Term Liabilities    
Long-term portion of notes payable 0 13,073
PIK Notes payable, net of $9,755,832 and $15,143,123 debt discount, respectively 33,244,605 23,040,093
PIK Note derivative 2,047,264 2,176,552
Total Long-Term Liabilities 35,291,869 25,229,718
TOTAL LIABILITIES 36,524,946 27,047,593
Commitments and Contingencies (Note 14)
Stockholders’ (Deficit)    
Preferred stock, $0.001 par value, 10,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.001 par value, 400,000,000 shares authorized, 140,763,549 and 108,613,549 shares issued and outstanding at December 31, 2017 and 2016, respectively 140,764 108,614
Additional paid-in capital 71,152,311 68,506,530
Accumulated deficit prior to the exploration stage (20,009,496) (20,009,496)
Accumulated deficit during the exploration stage (84,484,361) (69,573,702)
Total Stockholders’ (Deficit) (33,200,782) (20,968,054)
TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) $ 3,324,164 $ 6,079,539