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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
REVENUES        
Total revenues $ 32,281 $ 26,960 $ 83,946 $ 73,624
COSTS AND EXPENSES        
Mine claims and costs (291,602) 235,535 (20,346) 744,528
Environmental and reclamation 88,612 152,075 208,866 669,390
General and administrative 801,157 571,931 2,355,320 2,189,828
Total costs and expenses 1,570,111 2,065,400 5,448,404 7,108,400
LOSS FROM OPERATIONS (1,537,830) (2,038,440) (5,364,458) (7,034,776)
OTHER INCOME (EXPENSE)        
Interest expense (340,548) (442,610) (1,054,775) (1,297,546)
Other income (expense) (166,732) (15,961) (526,113) 128,409
Total other expense, net (507,280) (458,571) (1,580,888) (1,169,137)
LOSS BEFORE INCOME TAXES (2,045,110) (2,497,011) (6,945,346) (8,203,913)
INCOME TAXES 0 0 0 0
NET LOSS $ (2,045,110) $ (2,497,011) $ (6,945,346) $ (8,203,913)
Net loss per common share – basic (in dollars per share) $ (0.03) $ (0.06) $ (0.13) $ (0.21)
Net loss per common share – diluted (in dollars per share) $ (0.03) $ (0.06) $ (0.13) $ (0.21)
Weighted average common shares outstanding — basic (in shares) 58,531,058 43,598,033 54,755,753 39,380,503
Weighted average common shares outstanding — diluted (in shares) 58,531,058 43,598,033 54,755,753 39,380,503
Mining        
REVENUES        
Total revenues $ 0 $ 0 $ 0 $ 0
COSTS AND EXPENSES        
Costs of goods and services sold 717,155 846,443 2,174,618 2,663,188
Real Estate        
REVENUES        
Total revenues 32,281 26,960 83,946 73,624
COSTS AND EXPENSES        
Costs of goods and services sold 12,887 19,396 29,858 59,342
Exploration and mine development        
COSTS AND EXPENSES        
Costs of goods and services sold $ 241,902 $ 240,020 $ 700,088 $ 782,124