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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUES $ 273,672 $ 152,476
OPERATING EXPENSES:    
Production costs 462,166 219,550
Exploration costs 51,590 45,634
General and administrative 389,523 634,935
Total Operating Expenses 903,279 900,119
Operating Loss (629,607) (747,643)
OTHER INCOME (EXPENSE):    
Interest expense, net (including amortization of deferred financing cost and debt discount) (463,897) (445,587)
Other income, net 247,546 1,300,255
Total Other (Expense) Income (216,351) 854,668
NET (LOSS) INCOME (845,958) 107,025
Deemed dividend on Series B Convertible Preferred Stock (60,738) 0
NET (LOSS) ATTIBUTABLE TO COMMON SHAREHOLDERS $ (906,696) $ 107,025
Net (Loss) Income Per Common Share – Basic and Diluted $ 0.00 $ 0.00
Weighted Average Common Shares Outstanding – Basic and Diluted 188,243,263 175,571,241