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PROPERTY AND EQUIPMENT (Tables)
 12 Months Ended
Dec. 31, 2012
PROPERTY AND EQUIPMENT  
Schedule of property and equipment

As of December 31, 2012 and 2011, property and equipment consisted of the following (in thousands):

 
   December 31,
2012		   December 31,
2011		  

Trucks and trailers

   $ 1,417   $ 1,247  

Office furniture and equipment

     1,163     638  

Drill rigs

     1,869     998  

Building

     1,469     853  

Land

     8,669     8,619  

Mining equipment

     1,026     956  

Inactive milling equipment

     101     778  
           

Subtotal

   $ 15,714   $ 14,089  

Less: accumulated depreciation

     (2,947 )   (2,317 )
           

Total

   $ 12,767   $ 11,772