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8. Mineral Properties
3 Months Ended
Mar. 31, 2016
Notes  
8. Mineral Properties

8.   Mineral Properties

 

Mineral properties at March 31, 2016 and December 31, 2015 consisted of the following:

 

 

 

 

March 31,

2016

 

December 31, 2015

New Jersey

$

215,127

$

215,127

McKinley

 

250,000

 

250,000

Golden Chest

 

1,518,580

 

1,445,229

Toboggan

 

5,000

 

5,000

Less accumulated amortization

 

(8,267)

 

(8,267)

Total

$

1,980,440

$

1,907,089

 

 

In the three month period ended March 31, 2016 $6,253 of interest was capitalized for the Golden Chest development project.