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ACQUISITIONS (Tables)
12 Months Ended
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