7. Long - Term Debt

12 Months Ended

Dec. 31, 2012

Long-term Debt, Unclassified [Abstract]

7. Long - Term Debt

Long-Term debt at December 31, 2012 and 2011, is as follows:
	2012			2011
Note payable to Thermo Fisher Financial Co., bearing interest
at 5.67%; payable in monthly installments of $3,522; maturing
September 2013; collateralized by equipment.	$	34,310		$	-
Note payable to Thermo Fisher Financial Co., bearing interest
at 8.54%; payable in monthly installments of $2,792; maturing
December 2013; collateralized by equipment.		30,708			-
Note payable to Stearns Bank, bearing interest
at 6.9%; payable in monthly installments of $3,555; maturing
December 2014; collateralized by equipment.		79,500			-
Note payable to Western States Equipment Co., bearing interest
at 6.15%; payable in monthly installments of $2,032; maturing
June 2015; collateralized by equipment.		56,390			77,040
Note payable to CNH Capital America, LLC, bearing interest
at 4.5%; payable in monthly installments of $505; maturing
June 2013; collateralized by equipment.		3,478			8,648
Note payable to Catepillar Financial, bearing interest at 5.95%;
payable in monthly installments of $827; maturing September 2015;
collateralized by equipment.		25,823			-
Note payable to GE Capital, bearing interest at 2.25%; payable in
monthly installments of $359; maturing July 2013; collateralized by
equipment.		2,847			6,531
Note payable toDe Lage Landen Financial Services
bearing interest at 5.30%; payable in monthly installments of $549;
maturing  March 2016; collateralized by equipment.		19,629			-
Note payable to Phyllis Rice, bearing interest
at 1%; payable in monthly installments of $2,000; maturing
March 2015; collateralized by equipment.		55,365			80,882
Note payable to De Lage Landen Financial Services,
bearing interest at 5.12%; payable in monthly installments of $697;
maturing December 2014; collateralized by equipment.		16,496			19,229
Note payable to Catepillar Financial, bearing interest
at 6.15%; payable in monthly installments of $766; maturing
August 2014; collateralized by equipment.		14,535			21,990
Note payable to De Lage Landen Financial Services,
bearing interest at 5.28%; payable in monthly installments of $709;
maturing June 2014; collateralized by equipment.		12,235			23,529
Note payable for Corral Blanco Land, bearing interest at 6.0%,
due May 1, 2013; collateralized by land		86,747			-
Note payable for Soyatal Mine, 7.0 % interest,					-
annual payments of $200,000  through 2019;		1,067,431
		1,505,494			237,849
Less Current portion		(461,354	)		(79,631	)
Non-Current portion	$	1,044,140		$	158,218

At December 31, 2102, principal payments on debt are due as follows:

Year Ending December 31,
2013	$	461,354
2014		259,360
2015		181,995
2016		159,551
2017		168,974
2018		180,802
2019		93,458
	$	1,505,494