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ASSET RETIREMENT OBLIGATION AND ACCRUED RECLAMATION COSTS (Tables)
9 Months Ended
Sep. 30, 2022
ASSET RETIREMENT OBLIGATION AND ACCRUED RECLAMATION COSTS  
Changes in the asset retirement obligation

 

 

Three months ended September 30,

 

 

 

2022

 

 

2021

 

Asset retirement obligation, beginning of period

 

$218,157

 

 

$187,683

 

Accretion expense

 

 

3,177

 

 

 

1,733

 

Asset retirement obligation, end of period

 

$221,334

 

 

$189,416

 

 

 

Nine months ended September 30,

 

 

 

2022

 

 

2021

 

Asset retirement obligation, beginning of period

 

$191,149

 

 

$184,219

 

Change in estimate of asset retirement obligation

 

 

15,596

 

 

 

-

 

Accretion expense

 

 

14,589

 

 

 

5,197

 

Asset retirement obligation, end of period

 

$221,334

 

 

$189,416