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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Operating Expenses:        
Mineral property expenses $ (1,292,000) $ (1,062,000) $ (2,101,000) $ (1,942,000)
General and administrative (2,406,000) (2,157,000) (4,501,000) (4,799,000)
Accretion of asset retirement obligations (113,000) (22,000) (225,000) (102,000)
Depreciation and amortization (84,000) (77,000) (169,000) (178,000)
Total operating expenses $ (3,895,000) (3,318,000) $ (6,996,000) (7,021,000)
Non-Operating Income/(Expenses):        
Gain on derivatives   805,000   1,460,000
Interest expense $ (655,000) (624,000) $ (1,330,000) (1,038,000)
Other income/(expense), net (2,000) 9,000 13,000 10,000
Total other income/(expense) (657,000) 190,000 (1,317,000) 432,000
Net Loss $ (4,552,000) $ (3,128,000) $ (8,313,000) $ (6,589,000)
BASIC AND DILUTED LOSS PER SHARE $ (0.15) $ (0.13) $ (0.29) $ (0.28)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING 29,793,915 24,619,266 28,183,619 23,495,157