XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.1
New Jersey Mining Company Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue:    
Gold sales $ 1,144,675 $ 1,101,391
Total revenue 1,144,675 1,101,391
Costs of Sales:    
Cost of sales and other direct production costs 955,793 1,025,719
Depreciation and amortization 128,951 69,061
Total costs of sales 1,084,744 1,094,780
Gross profit 59,931 6,611
Other operating expenses (income):    
Pre-development expense 65,567 0
Exploration 72,882 99,232
Management 37,815 21,802
Professional services 56,007 66,577
General and administrative 49,296 51,082
Total other operating expenses (income) 281,567 238,693
Operating income (expense) (221,636) (232,082)
Other (income) expense:    
Interest income (14,952) (1,597)
Interest expense 16,438 25,342
Change in fair value of forward gold contracts 0 10,019
Total other (income) expense 1,486 33,764
Net income (loss) (223,122) (265,846)
Net loss attributable to non-controlling interest (17,718) (12,607)
Net income (loss) attributable to New Jersey Mining Company $ (205,404) $ (253,239)
Net income (loss) per common share-basic and diluted $ 0.00 $ 0.00
Weighted average common shares outstanding-basic and diluted 123,413,569 113,018,469