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4. Non-controlling Interest in Mill Jv

6 Months Ended

Jun. 30, 2014

Notes

4. Non-controlling Interest in Mill Jv

4.             Non-Controlling Interest in Mill JV

Crescent Silver’s non-controlling interest in the Company’s Mill Joint Venture represents their investment in the Joint Venture less any losses associated with their share. Their investment changed as follows from December 31, 2013 to June 30, 2014:

Balance January 1, 2014	$	3,176,620
Capital lease paid by non-controlling interest		17,340
Balance June 30, 2014		3,193,960

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The entire disclosure for tabular information relating to Other Comprehensive Income (OCI) as is applicable to noncontrolling interests. This text block may also include OCI relative to the filing entity, the aforementioned noncontrolling interest OCI, as well as OCI on a consolidated basis.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 20

-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569643-111683



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 19

-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 1A

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-URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684

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