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ACQUISITIONS (Tables) | 12 Months Ended
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Dec. 31, 2017
Santa Gertrudis Project |
ACQUISITIONS |
Schedule of allocation of the purchase price to assets acquired and liabilities assumed |
Total purchase price: |  |  |  |  |
Cash paid for acquisition |  | $ | 71,999 |  |
Loan obligation set-off |  |  | 7,621 |  |
Total purchase price to allocate |  | $ | 79,620 |  |
Fair value of assets acquired and liabilities assumed: |  |  |  |  |
Mining properties |  | $ | 79,201 |  |
Cash and cash equivalents |  |  | 10 |  |
Other current assets |  |  | 1,214 |  |
Accounts payable and accrued liabilities |  |  | (805 | ) |
Net assets acquired |  | $ | 79,620 |  |

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