XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
New Jersey Mining Company Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue:    
Gold sales $ 1,101,391 $ 689,318
Total revenue 1,101,391 689,318
Costs of Sales:    
Cost of sales and other direct production costs 1,025,719 527,766
Depreciation and amortization 69,061 27,280
Total costs of sales 1,094,780 555,046
Gross profit 6,611 134,272
Other operating expenses:    
Exploration 99,232 18,652
Management 21,802 42,557
Professional services 66,577 65,633
General and administrative 51,082 92,290
Total other operating expenses 238,693 239,132
Operating income (loss) (232,082) (84,860)
Other (income) expense:    
Royalties and other (income) expense   12,117
Interest income (1,597) (757)
Interest expense 25,342 20,226
Change in fair value of forward gold contracts 10,019 143,214
Amortization of discount on note payable   14,518
Total other (income) expense 33,764 189,318
Net loss (265,846) (274,178)
Net loss attributable to non-controlling interests (12,607) (11,033)
Net loss attributable to New Jersey Mining Company $ (253,239) $ (263,145)
Net loss per common share-basic and diluted $ 0 $ 0
Weighted average common shares outstanding-basic and diluted 113,018,469 99,230,371