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1. The Company and Significant Accounting Policies: Inventory, Policy (Policies)
6 Months Ended
Jun. 30, 2017
Policies  
Inventory, Policy

Inventory

Inventory is stated at the lower of full cost of production or estimated net realizable value based on current metal prices.  Costs consist of mining, transportation, and milling costs including applicable overhead, depreciation, depletion and amortization relating to the operations.  Costs are allocated based on the stage at which the ore is in the production process.