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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 5,708,660 $ 18,172,120
Investment securities held to maturity 1,258,665 0
Accounts receivable, net 2,543,413 1,156,564
Inventories 6,812,527 1,245,724
Prepaid expenses and other current assets 1,353,208 104,161
Total current assets 17,676,473 20,678,569
Property, plant and equipment, net 19,725,995 12,891,447
Operating lease right-of-use assets 275,627 565,289
Investment securities held to maturity - noncurrent 8,828,584 0
Restricted cash for reclamation bonds 99,764 98,778
IVA receivable and other assets, net 891,879 408,519
Total assets 47,498,322 34,642,602
CURRENT LIABILITIES    
Accounts payable 5,746,709 1,545,708
Accrued liabilities 1,251,778 1,427,146
Accrued liabilities - directors 88,750 141,287
Royalties payable 182,523 133,434
Current portion of operating lease liabilities 592,695 626,562
Current portion of long-term debt 134,577 132,252
Total current liabilities 7,997,032 4,006,389
Operating lease liabilities, net of current portion 117,722 129,007
Long-term debt, net of current portion 127,550 195,425
Asset retirement obligations 1,750,075 1,711,108
Total liabilities 9,992,379 6,041,929
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value, 250,000,000 shares authorized; 119,200,980 and 112,951,317 shares issued and outstanding, respectively 1,192,010 1,129,512
Additional paid-in capital 76,725,598 68,610,905
Accumulated deficit (40,420,944) (41,149,023)
Total stockholders' equity 37,505,943 28,600,673
Total liabilities and stockholders' equity 47,498,322 34,642,602
Series A Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Series A - no shares issued and outstanding 0 0
Series B Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Series A - no shares issued and outstanding 7,500 7,500
Series C Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Series A - no shares issued and outstanding 1,779 1,779
Series D Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Series A - no shares issued and outstanding $ 0 $ 0