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14. Income Taxes | 12 Months Ended
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Dec. 31, 2014
Related Party Transactions [Abstract] |
Income Taxes | The Company’s income tax provisions for the years ended December 31, 2014, 2013, and 2012, are as follows:
|  | 2014 |  |  | 2013 |  |  | 2012 |
Federal |  |  |  |  |  |  |  |  |
Current |  | $ | - |  |  | $ | - |  |  | $ | - |
Deferred |  |  | - |  |  |  | 196,113 |  |  |  | 151,915 |
Total |  |  |  |  |  | $ | 196,113 |  |  | $ | 151,915 |
State |  |  |  |  |  |  |  |  |  |  |  |
Current |  | $ | - |  |  | $ | - |  |  | $ | - |
Deferred |  |  | - |  |  |  | 33,338 |  |  |  | 15,192 |
Total |  |  |  |  |  | $ | 33,338 |  |  | $ | 15,192 |
Foreign |  | $ | - |  |  | $ | - |  |  | $ | - |
Total provision |  | $ | - |  |  | $ | 229,451 |  |  | $ | 167,107 |
Domestic and foreign components of income (loss) from operations before income taxes for the years ended December 31, 2014, 2013, and 2012 are as follows:
|  | 2014 |  |  | 2013 |  |  | 2012 |
Domestic |  | $ | (345,293 | ) |  | $ | 163,632 |  |  | $ | 301,391 |
Foreign |  |  | (1,250,162 | ) |  |  | (1,575,351 | ) |  |  | (692,820 | )
Total |  |  | (1,595,455 | ) |  |  | (1,411,719 | ) |  |  | (391,429 | )
At December 31, 2014, 2013 and 2012, the Company had net deferred tax assets as follows:
|  | 2014 |  |  | 2013 |  |  | 2012 |
Deferred tax asset: |  |  |  |  |  |  |  |  |
Other |  | $ | - |  |  | $ | - |  |  | $ | 11,151 |
Foreign exploration costs |  |  | 127,936 |  |  |  | 168,401 |  |  |  | 208,855 |
Foreign net operating loss carry forward |  |  | 1,926,341 |  |  |  | 232,723 |  |  |  | 374,110 |
Foreign other |  |  | - |  |  |  | 42,612 |  |  |  | 217,887 |
Federal and state net operating |  |  |  |  |  |  |  |  |  |  |  |
loss carry forward |  |  | 337,890 |  |  |  | 35,424 |  |  |  | 39,824 |
Deferred tax asset |  |  | 2,392,167 |  |  |  | 479,160 |  |  |  | 851,827 |
Valuation allowance (foreign) |  |  | (1,926,341 | ) |  |  | (279,235 | ) |  |  | (605,496 | )
Valuation allowance (federal) |  |  | (266,711 | ) |  |  | (71,786 | ) |  |  | - |
Total deferred tax asset |  |  | 199,115 |  |  |  | 128,139 |  |  |  | 246,331 |
Deferred tax liability: |  |  |  |  |  |  |  |  |  |  |  |
Property, plant, and equipment |  |  | (197,593 | ) |  |  | (128,139 | ) |  |  | (16,880 | )
Other |  |  | (1,522 | ) |  |  |  |  |  |  |  |
Total deferred tax liability |  |  | (199,115 | ) |  |  | (128,139 | ) |  |  | (16,880 | )
Net Deferred Tax Asset |  | $ | - |  |  | $ | - |  |  | $ | 229,451 |
At December 31, 2014, the Company has United States net operating loss carry forwards of approximately $600,000 that expire at various dates between 2029 and 2034. In addition, the company has unexpired Montana state net operating loss carry forwards of approximately $2,016,000 which expire between 2016 and 2021, and unexpired Idaho state net operating loss carry forwards of approximately $1,140,000, which expire in 2032 and 2034. The company has approximately $6.4 million of Mexican net operating loss carry forwards which expire between 2021 and 2024. At December 31 2014 and 2013, the Company had deferred tax assets arising principally from net operating loss carry forwards for income tax purposes. As management cannot determine that it is more likely than not that we will realize the benefit of the net deferred tax asset, a valuation allowance equal to 100% of the net deferred tax asset has been recorded at December 31, 2014 and 2013. The income tax provision differs from the amount of income tax determined by applying the U.S. federal income tax rate to pretax loss for the years ended December 31, 2014, 2013 and 2012 due to the following:
Computed expected tax provision (benefit) |  | $ | (558,409 | ) |  |  | -35.0 | % |  | $ | (494,102 | ) |  |  | -35.0 | % |  | $ | (137,000 | ) |  |  | -35.0 | %
Foreign taxes |  |  | 62,508 |  |  |  | 3.9 | % |  |  | 78,768 |  |  |  | 5.6 | % |  |  | 34,641 |  |  |  | 8.9 | %
Other (1) |  |  | (1,346,130 | ) |  |  | -84.4 | % |  |  | 899,260 |  |  |  | 63.7 | % |  |  | 61,770 |  |  |  | 15.8 | %
Change in valuation allowance U.S. |  |  | 194,925 |  |  |  | 12.2 | % |  |  | 71,786 |  |  |  | 5.1 | % |  |  | 207,696 |  |  |  | 53.1 | %
Change in valuation allowance Foreign |  |  | 1,647,106 |  |  |  | 103.2 | % |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Release of valuation allowance Foreign |  |  |  |  |  |  |  |  |  |  | (326,261 | ) |  |  | -23.1 | % |  |  | - |  |  |  | 0.0 | %
Total |  | $ | - |  |  |  | - |  |  | $ | 229,451 |  |  |  | 16 | % |  | $ | 167,107 |  |  |  | 42.7 | %
(1) In 2014 and 2013 there were revisions to estimates of foreign net operating loss carry forwards. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
During the years ended December 31, 2014, 2013, and 2012, there were no material uncertain tax positions taken by the Company. The Company United States income tax filings are subject to examination for the years 2012 through 2014, and 2010 and 2014 in Mexico. In the event that the Company is assessed penalties and or interest, penalties will be charged to other operating expense and interest will be charged to interest expense.

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 + Details
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