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2. Going Concern
6 Months Ended
Jun. 30, 2015
Notes  
2. Going Concern

2.  Going Concern

 

As shown in the accompanying financial statements, the Company had minimal revenue and a net loss of $103,175 in the first half of 2015 as well as a negative working capital balance of $134,812 at June 30, 2015. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

 

However, the Company has put the New Jersey Mill into production and is processing ore from the Golden Chest Mine. The Company has begun to generate revenue from increased rates of milling these ores.

 

The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event the Company cannot continue its operations.