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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 2,237 $ 1,199
Prepaid expenses 8,300 35,447
Total current assets 10,537 36,646
Mining and mineral rights 3,883,524 3,883,524
Total Assets 3,894,061 3,920,170
Current liabilities:    
Senior secured promissory note payable, related party 2,229,187 2,229,187
Promissory notes payable - related party 477,500 477,500
Convertible notes payable, including $709,852 and $219,597 from related parties at June 30, 2021 and December 31, 2020, respectively 809,852 319,597
Accrual for settlement of lawsuits 3,443,191 3,357,622
Accounts payable 1,347,463 1,400,631
Accrued interest - Related party $1,700,587 and $1,565,405 at June 30, 2021 and December 31, 2020 2,670,745 2,422,063
Total current liabilities 10,977,938 10,206,600
Commitments and Contingencies (Note 6)
Preferred stock, 50,000,000 shares authorized: Series A, $.001 par value, 10,000,000 shares issued and outstanding at June 30, 2021 and December 31, 2020 10,000,000 10,000,000
Shareholders’ deficit:    
Common stock, $0.001 par value, 500,000,000 shares authorized: 2,674,530 issued and outstanding at June 30, 2021 and December 31, 2020 2,674 2,674
Additional paid-in capital 88,061,298 88,061,298
Accumulated deficit (105,147,849) (104,350,402)
Total shareholders’ deficit (17,083,877) (16,286,430)
Total Liabilities and Shareholders’ deficit $ 3,894,061 $ 3,920,170