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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUES $ 106,105 $ 465,493 $ 184,150 $ 739,165
OPERATING EXPENSES:        
Production costs 177,959 418,959 311,295 881,125
Exploration costs 6,543 76,259 250,013 127,849
General and administrative 335,728 411,949 741,106 801,472
Total Operating Expenses 520,230 907,167 1,302,414 1,810,446
Operating Loss (414,125) (441,674) (1,118,264) (1,071,281)
OTHER INCOME (EXPENSES):        
Interest expense, net (including amortization of deferred financing cost and debt discount) (480,717) (463,402) (952,615) (927,299)
Other income, net 121,046 69,883 181,418 317,429
Total Other (Expenses) (359,671) (393,519) (771,197) (609,870)
NET LOSS $ (773,796) $ (835,193) $ (1,889,461) $ (1,681,151)
Net Loss Per Common Share Basic $ 0 $ 0 $ (0.01) $ (0.01)
Net Loss Per Common Share Diluted $ 0 $ 0 $ (0.01) $ (0.01)
Weighted Average Common Shares Outstanding Basic 229,964,647 195,105,088 243,688,779 191,693,131
Weighted Average Common Shares Outstanding Diluted 229,964,647 195,105,088 243,688,779 191,693,131