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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
REVENUES $ 78,045 $ 273,672
OPERATING EXPENSES:    
Production costs 133,336 462,166
Exploration costs 243,470 51,590
General and administrative 405,378 389,523
Total Operating Expenses 782,184 903,279
Operating Loss (704,139) (629,607)
OTHER INCOME (EXPENSE):    
Interest expense, net (including amortization of deferred financing cost and debt discount) (471,898) (463,897)
Other income, net 60,372 247,546
Total Other (Expense) Income (411,526) (216,351)
Net Loss (1,115,665) (845,958)
Deemed dividend on Series B Convertible Preferred Stock   (60,738)
NET LOSS ATTIBUTABLE TO COMMON SHAREHOLDERS $ (1,115,665) $ (906,696)
Net Loss Per Common Share – Basic and Diluted $ (0.01) $ 0
Weighted Average Common Shares Outstanding – Basic and Diluted 222,601,842 188,243,263