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New Jersey Mining Company Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue:        
Gold sales $ 45,854   $ 123,518  
Milling income 6,500 $ 603,129 21,114 $ 1,866,499
Total revenue 52,354 603,129 144,632 1,866,499
Costs and expenses:        
Milling 51,241 379,201 146,428 1,149,491
Pre-development expenses 199,821   199,821  
Exploration 32,772 50,599 112,829 143,725
(Gain) on forfeiture of milling advance   (125,000)   (125,000)
Depreciation and amortization   43,523 3,214 145,710
Management 45,923 50,896 102,074 187,553
Professional services 32,776 32,978 87,766 152,636
General and administrative expenses 42,520 59,139 98,285 227,470
Total operating expenses 405,053 491,336 750,417 1,881,585
Operating income (loss) (352,699) 111,793 (605,785) (15,086)
Other (income) expense:        
Royalties and other income     (200)  
Timber income (52,252) (22,847) (52,252) (22,847)
Timber expense   4,800 428 7,025
Interest income (1,483) (1,265) (4,532) (3,965)
Interest expense 20,760 11,018 60,837 22,656
Change in fair value of forward gold contracts 466,783   466,783  
Amortization of note discount 42,249   67,157  
Total other (income) expense 476,057 (8,294) 538,221 (2,869)
Income tax (provision) benefit 0 0 0 0
Net income (loss) (828,756) 120,087 (1,144,006) (17,955)
Net income attributable to non-controlling interest 9,702 9,414 23,311 44,281
Net income (loss) attributable to New Jersey Mining Company $ (838,458) $ 129,501 $ (1,167,317) $ 26,326
Net income (loss) per common share-basic and diluted $ 0.00 $ 0.00 $ 0.00 $ 0.00
Weighted average common shares outstanding-basic and diluted 94,855,670 91,760,148 94,485,652 91,760,148