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2. Going Concern
9 Months Ended
Sep. 30, 2015
Notes  
2. Going Concern

2.  Going Concern

 

As shown in the accompanying financial statements, the Company had minimal revenue for the first three quarters of 2015 as well as a negative working capital balance at September 30, 2015. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

 

The Company has put the New Jersey Mill into production and processed ore from the Golden Chest Mine through the third quarter of 2015. The Company generated revenue from processing these ores however the lease has been terminated by the end of the 3rd quarter.

 

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.