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Consolidated Balance Sheets - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 74,125 $ 123,683
Certificates of deposit 250,180 249,147
Accounts receivable, net 899,831 454,674
Inventories 2,316,266 1,433,539
Other current assets (note 6) 441,602 42,626
Total current assets 3,982,004 2,303,669
Properties, plants and equipment, net 13,984,812 13,511,803
Restricted cash for reclamation bonds 75,754 75,754
Other assets 612,882 653,805
Total assets 18,655,452 16,545,031
Current liabilities:    
Accounts payable 2,297,779 1,821,673
Due to factor 154,791 13,314
Accrued payroll, taxes and interest 168,668 135,245
Other accrued liabilities 59,717 38,811
Payables to related parties 38,585 8,357
Deferred revenue 195,007 115,962
Notes payable to bank (note 7) 97,297 0
Long-term debt, current 232,071 159,278
Total current liabilities 3,243,915 2,292,640
Long-term debt, net of discount and current portion 632,047 715,328
Hillgrove advances payable 1,080,979 161,339
Stock payable to directors for services 75,000 125,000
Asset retirement obligations and accrued reclamation costs 257,759 255,190
Total liabilities 5,289,700 $ 3,549,497
Commitments and contingencies (Note 4 and 6)    
Stockholders' equity:    
Preferred stock $0.01 par value, 10,000,000 shares authorized: Series A: -0- shares issued and outstanding 0 $ 0
Series B: 750,000 shares issued and outstanding (liquidation preference $900,000 and $892,500, respectively) 7,500 7,500
Series C: 177,904 shares issued and outstanding (liquidation preference $97,847 both years) 1,779 1,779
Series D: 1,751,005 shares issued and outstanding (liquidation preference $4,837,880 and $4,796,731 respectively) 17,509 17,509
Common stock, $0.01 par value, 90,000,000 shares authorized; 66,216,278 and 66,027,453 shares issued and outstanding, respectively 662,162 660,274
Additional paid-in capital 35,866,734 35,740,671
Notes receivable from stock sales (150,000) (150,000)
Accumulated deficit (23,039,932) (23,282,199)
Total stockholders' equity 13,365,752 12,995,534
Total liabilities and stockholders' equity $ 18,655,452 $ 16,545,031