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PROPERTY AND EQUIPMENT (Tables)
3 Months Ended
Mar. 31, 2014
PROPERTY AND EQUIPMENT  
Schedule of property and equipment

 

 

 

 

March 31, 2014

 

December 31, 2013

 

 

 

(in thousands)

 

Trucks and trailers

 

$

1,041

 

$

1,041

 

Office furniture and equipment

 

1,163

 

1,163

 

Drill rigs

 

998

 

998

 

Building

 

1,469

 

1,469

 

Land

 

8,699

 

8,672

 

Mining equipment

 

1,363

 

1,206

 

Construction-in-progress

 

5,709

 

3,894

 

Subtotal

 

$

20,442

 

$

18,443

 

Less: accumulated depreciation

 

(3,525

)

(3,300

)

Total

 

$

16,917

 

$

15,143