2. Going Concern	3 Months Ended
Mar. 31, 2017
Notes
2. Going Concern	2. Going Concern At March 31, 2017, the Company’s current debt exceeded current assets by $1,619,611. In addition, the Company has accumulated deficit of $12,552,618 and ongoing net loss from operations. These factors indicate that there may be doubt regarding our ability to continue as a going concern for the next twelve months. Related party debt holders of both notes and forward gold contracts are willing to restructure payments that will allow the Company to defer $1,051,457 in current debt and current forward gold payments to long term if necessary. In addition, first quarter of 2017 production has resulted in positive cash flow and production planned for the remainder of the year indicates the trend will continue to improve. A debt restructuring to longer term is also being considered for the mineral property note payable on which $500,000 in payable in the next twelve months. As a result of its planned production, equity sales and ability to restructure debt, management believes there is not a substantial doubt about the Company’s ability to continue as a going concern for the next twelve months. Cash flows from operations and existing cash are sufficient to conduct planned operations and meet contractual obligations for the time period.

2. Going Concern

3 Months Ended

Mar. 31, 2017

2. Going Concern

At March 31, 2017, the Company’s current debt exceeded current assets by $1,619,611. In addition, the Company has accumulated deficit of $12,552,618 and ongoing net loss from operations. These factors indicate that there may be doubt regarding our ability to continue as a going concern for the next twelve months.

Related party debt holders of both notes and forward gold contracts are willing to restructure payments that will allow the Company to defer $1,051,457 in current debt and current forward gold payments to long term if necessary. In addition, first quarter of 2017 production has resulted in positive cash flow and production planned for the remainder of the year indicates the trend will continue to improve. A debt restructuring to longer term is also being considered for the mineral property note payable on which $500,000 in payable in the next twelve months. As a result of its planned production, equity sales and ability to restructure debt, management believes there is not a substantial doubt about the Company’s ability to continue as a going concern for the next twelve months. Cash flows from operations and existing cash are sufficient to conduct planned operations and meet contractual obligations for the time period.