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INVENTORIES
6 Months Ended
Jun. 30, 2023
INVENTORIES  
INVENTORIES

NOTE 2 - INVENTORIES

 

Inventories are carried at the lower of cost or fair value and consist of mined tonnage, gravity-flotation concentrates, and gravity tailings (or flotation feed material). Inventory balances of June 30, 2023 and December 31, 2022 were as follows:

 

 

 

2023

 

 

2022

 

Mined Tonnage

 

$1,988,426

 

 

$2,610,116

 

Gold-Silver Concentrates

 

 

152,897

 

 

 

110,695

 

Total Inventories

 

$2,141,323

 

 

$2,720,811