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New Jersey Mining Company (A Development Stage Company) Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) (USD $)
3 Months Ended 212 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Income earned during the development stage:      
Sales of gold   $ 8,308 $ 458,171
Sales of concentrate     601,168
Drilling and exploration contract income     2,371,344
Joint venture management fee income 76 1,147 133,339
Contract milling income   4,590 104,936
Engineering services income     232,522
Total income earned during the development stage 76 14,045 3,901,480
Costs and expenses:      
Contract milling costs 13,204 8,667 1,444,456
Drilling and exploration contract expense   96 1,198,090
Engineering services expense     71,591
Exploration 84,569 30 2,678,490
Net loss (gain) on sale of or abandonment of mineral property     (172,398)
Write down of mineral property     324,142
Net gain on sale of equipment   (95,000) (166,101)
Depreciation and amortization 14,526 28,016 1,080,841
General and administrative expenses 156,525 57,157 5,678,258
Total operating expenses 268,824 (1,034) 12,137,369
Operating income (loss) (268,748) 15,079 (8,235,889)
Other (income) expense:      
Timber sales     (54,699)
Timber expense   300 14,854
Royalties and other income (11,885) (8,279) (163,029)
Royalties expense     44,089
Distribution from Golden Chest LLC     (119,450)
Gain on sale of marketable equity security     (92,269)
Interest income (126) (49) (49,666)
Interest expense 11,619 14,321 181,096
Write-off of goodwill and investment     120,950
Equity in loss of Golden Chest LLC   84,000 1,475,205
Total other (income) expense (392) 90,293 1,357,081
Net income (loss) (268,356) (75,214) (9,592,970)
Net loss attributable to non-controlling interest   2,312 22,588
Net income (loss) attributable to New Jersey Mining Company (268,356) (75,214) (9,592,970)
Other comprehensive income (loss):      
Net income (loss) (268,356) (75,214) (9,592,970)
Unrealized gain (loss) on marketable equity security   5,753 5,803
Comprehensive income (loss) (268,356) (80,967) (9,587,167)
Comprehensive loss attributable to non-controlling interest   2,312 22,588
Comprehensive income (loss) attributable to New Jersey Mining Company $ (268,356) $ (78,655) $ (9,564,579)
Net loss per common share-basic and diluted $ 0.00 $ 0.00 $ 0.36
Weighted average common shares outstanding-basic and diluted 75,760,148 45,515,862 26,909,737