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Statement of Financial Position (USD $)
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 152,415 $ 612,989
Investment in marketable equity security, at market (cost-$3,868) 33,851 19,344
Joint venture receivables 130,146 131,718
Other current assets 8,243 55,442
Deposits 0 44,280
Inventory 18,586 18,410
Total current assets 343,241 882,183
Property, plant, and equipment, net of accumulated depreciation 4,923,432 3,967,467
Mineral properties 699,575 699,575
Investment in Golden Chest LLC 533,413 553,205
Total assets 6,499,661 6,102,430
Current liabilities:    
Accounts payable 103,661 122,060
Accrued payroll and related payroll expenses 45,036 54,367
Account payable, related party 39,138 1,500
Accounts payable, related party joint venture 78,259 0
Obligations under capital lease, current 30,336 30,153
Notes payable, current 100,937 102,151
Total current liabilities 397,367 310,231
Asset retirement obligation 9,221 8,645
Obligations under capital lease, non-current 42,800 58,376
Notes payable, non-current 256,886 308,362
Total non-current liabilities 308,907 375,383
Total liabilities 706,274 685,614
Commitments 0 0
Stockholders' equity:    
Preferred stock, no par value, 1,000,000 shares authorized; no shares issued and outstanding Common stock, no par value, 200,000,000 shares authorized; 45,305,862 shares issued and outstanding, both periods 10,423,469 10,423,469
Deficit accumulated during the development stage (7,699,401) (7,233,754)
Accumulated other comprehensive income:    
Unrealized gain in marketable equity security 29,983 15,475
Total New Jersey Mining Company stockholders' equity 2,754,051 3,205,190
Noncontrolling interest in New Jersey Mill Joint Venture 3,039,336 2,211,626
Total stockholders' equity 5,793,387 5,416,816
Total liabilities and stockholders' equity $ 6,499,661 $ 6,102,430