March 31, 2017

December 31, 2016

Property with shop 36 month note payable, 4.91% interest rate payable monthly, remaining principal of note due in one payment at end of term, monthly payments of $474

$

38,376

$

39,021

Property 120 month note payable, 11.0% interest rate payable monthly, remaining principal of note due in one payment at end of term, collateralized by property, monthly payments of $1,122

96,847

98,559

Tailings pump, 35 month note payable, 17.5% interest rate payable monthly, monthly payments of $3,268, collateralized by equipment

40,223

48,035

Mineral property, 10 quarterly payments, 0.0% interest rate discounted at 10%, collateralized by property, quarterly payments of $125,000

500,000

750,000

Total notes payable

675,445

935,615

Due within one year

541,841

664,787

Due after one year

$

133,605

$

270,828