Mineral Properties and Exploration and Evaluation Assets (Tables)

12 Months Ended

Dec. 31, 2017


	Machinery and equipment		Land, buildings and leasehold improvements		Furniture and other equipment		Transport units		Equipment under finance lease		Capital work in progress		Total
COST
Balance, January 1, 2017	$	57,685	$	132,067	$	15,848	$	1,095	$	7,810	$	941	$	215,446
Additions		3,290		276		726		108		-		10,812		15,212
Disposals		(3,461)		(1,184)		(3,006)		(110)		(515)		(730)		(9,006)
Reclassifications		4,703		579		(7,253)		70		-		1,898		(3)
Balance, December 31, 2017	$	62,217	$	131,738	$	6,315	$	1,163	$	7,295	$	12,921	$	221,649

ACCUMULATED IMPAIRMENT
Balance, January 1, 2017	$	3,776	$	16,154	$	2,365	$	-	$	475	$	-	$	22,770
Disposals		(1)		-		-		-		(75)		-		(76)
Impairment reversal (note 14)		(3,775)		(16,154)		(2,365)		-		(400)		-		(22,694)
Balance, December 31, 2017	$	-	$	-	$	-	$	-	$	-	$	-	$	-

ACCUMULATED DEPRECIATION
Balance, January 1, 2017	$	17,864	$	33,479	$	6,748	$	576	$	3,146	$	-	$	61,813
Disposals		(2,549)		(448)		(1,507)		(101)		(440)		-		(5,045)
Reclassifications		3,907		-		(3,920)		13		-		-		-
Impairment reversal (note 14)		2,449		6,484		1,253		-		251		-		10,437
Depreciation		5,899		12,838		1,316		174		553		-		20,780
Balance, December 31, 2017	$	27,570	$	52,353	$	3,890	$	662	$	3,510	$	-	$	87,985

NET BOOK VALUE, December 31, 2017	$	34,647	$	79,385	$	2,425	$	501	$	3,785	$	12,921	$	133,664



	Machinery and equipment		Buildings and leasehold improvements		Furniture and other equipment		Transport units		Equipment under finance lease		Capital work in progress		Total
COST
Balance, January 1, 2016	$	28,462	$	94,872	$	15,476	$	711	$	5,215	$	38,792	$	183,528
Acquisition of subsidiary		6,954		-		-		-		-		-		6,954
Additions		1,627		258		368		181		2,013		21,849		26,296
Disposals		(211)		-		(106)		(64)		(75)		-		(456)
Reclassifications		20,853		36,937		110		267		657		(59,700)		(876)
Balance, December 31, 2016	$	57,685	$	132,067	$	15,848	$	1,095	$	7,810	$	941	$	215,446

ACCUMULATED IMPAIRMENT
Balance, January 1, 2016	$	3,784	$	16,154	$	2,405	$	-	$	483	$	-	$	22,826
Disposals		(8)		-		(40)		-		(8)		-		(56)
Balance, December 31, 2016	$	3,776	$	16,154	$	2,365	$	-	$	475	$	-	$	22,770

ACCUMULATED DEPRECIATION
Balance, January 1, 2016	$	14,816	$	24,466	$	4,387	$	505	$	2,845	$	-	$	47,019
Disposals		(199)		-		(64)		(60)		(67)		-		(390)
Reclassifications		12		2		(14)		-		-		-		-
Depreciation		3,235		9,011		2,439		131		368		-		15,184
Balance, December 31, 2016	$	17,864	$	33,479	$	6,748	$	576	$	3,146	$	-	$	61,813

NET BOOK VALUE, December 31, 2016	$	36,045	$	82,434	$	6,735	$	519	$	4,189	$	941	$	130,863


		Depletable				Not depleted
	Caylloma		San Jose		Lindero		Other		Total
COST
Balance, January 1, 2017	$	100,630	$	151,259	$	130,590	$	1,844	$	384,323
Additions		10,599		13,888		9,234		2,508		36,229
Change in rehabilitation provision		1,448		(931)		301		-		818
Disposals		-		-		-		(202)		(202)
Reclassifications		(8)		(18)		29		-		3
Balance, December 31, 2017	$	112,669	$	164,198	$	140,154	$	4,150	$	421,171

ACCUMULATED IMPAIRMENT
Balance, January 1, 2017	$	31,900	$	-	$	-	$	-	$	31,900
Impairment reversal (note 14)		(31,900)		-		-		-		(31,900)
Balance, December 31, 2017	$	-	$	-	$	-	$	-	$	-

ACCUMULATED DEPLETION
Balance, January 1, 2017	$	42,059	$	46,829	$	-	$	-	$	88,888
Impairment reversal (note 14)		13,038		-		-		-		13,038
Depletion		5,956		16,677		-		-		22,633
Balance, December 31, 2017	$	61,053	$	63,506	$	-	$	-	$	124,559

NET BOOK VALUE, December 31, 2017	$	51,616	$	100,692	$	140,154	$	4,150	$	296,612


	Depletable				Not depleted
		Caylloma		San Jose		Lindero		Other		Total
COST
Balance, January 1, 2016	$	92,973	$	136,666	$	-	$	1,533	$	231,172
Acquisition of subsidiary		-		-		128,687		-		128,687
Additions		7,060		14,643		1,795		942		24,440
Change in rehabilitation provision		597		(414)		108		-		291
Disposals		-		(512)		-		(631)		(1,143)
Reclassifications		-		876		-		-		876
Balance, December 31, 2016	$	100,630	$	151,259	$	130,590	$	1,844	$	384,323

ACCUMULATED IMPAIRMENT
Balance, January 1, 2016	$	31,900	$	-	$	-	$	-	$	31,900
Balance, December 31, 2016	$	31,900	$	-	$	-	$	-	$	31,900

ACCUMULATED DEPLETION
Balance, January 1, 2016	$	37,552	$	33,000	$	-	$	-	$	70,552
Depletion		4,507		13,829		-		-		18,336
Balance, December 31, 2016	$	42,059	$	46,829	$	-	$	-	$	88,888

NET BOOK VALUE, December 31, 2016	$	26,671	$	104,430	$	130,590	$	1,844	$	263,535



Balance, December 31, 2016	$	200
Exploration expenditures during the year		1,410
		1,610
Less: charged to exploration expenses		(1,301)
Less: transferred to accounts receivable		(109)
		200
Less: write-off		(200)
Balance December 31, 2017	$	-

The following summarizes the consideration paid and estimates of fair value of assets acquired and liabilities assumed:


Consideration:
14,569,045 common shares of the Company		$	122,813
1,514,677 warrants			7,401
Costs of the transaction	8,226
Cash of Goldrock received	(528)
Costs of the transaction paid by Goldrock prior to closing	(2,822)		4,876
		$	135,090

Assets acquired and liabilities assumed:
Accounts receivable		$	249
Machinery and Equipment			6,954
Accounts payable			(700)
Closure and rehabilitation provisions			(100)
Lindero Gold Project			128,687
		$	135,090

The cash used for the purchase of the Lindero Gold Project was as follows:


Total consideration	$	135,090
less: Non-cash issuance of common shares		(122,813)
less: Non-cash issuance of warrants		(7,401)
	$	4,876
Comprising:
Cash transaction costs	$	5,404
less: Cash of Goldrock received		(528)
	$	4,876