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3. Related Parties
6 Months Ended
Jun. 30, 2015
Notes  
3. Related Parties

3.  Related Party Transactions

 

In August 2012, the Company entered into a note by Mine Systems Design (MSD), a company controlled by our former Chief Executive Officer, to purchase property for $223,806 at 12% interest to be paid in 60 monthly payments. At June 30, 2015 and 2014, the remaining amount due was $161,312 and $198,414, respectively. In the first six months of 2015 and 2014 $10,353 and $12,503, respectively was paid in interest.