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New Jersey Mining Company Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income (loss) $ (357,240) $ 1,134,856
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:    
Depreciation and amortization 429,626 249,551
Amortization of discount on debt 0 8,016
Accretion of asset retirement obligation 6,757 9,028
Stock based compensation 190,019 34,580
Change in fair value of forward gold contracts 0 15,983
Gain on sale of mineral property 0 (2,947,862)
Change in operating assets and liabilities:    
Gold sales receivable (107,931) 261,246
Inventories 15,060 185,394
Joint venture receivable (4,351) 968
Other current assets (46,091) (32,957)
Accounts payable and other accrued liabilities (6,154) 107,571
Accrued payroll and related payroll expenses 19,372 15,426
Interest payable to related parties 1,688 (10,772)
Net cash provided (used) by operating activities 140,755 (968,972)
Cash flows from investing activities:    
Issuance of note receivable 0 (250,000)
Payment received on note receivable 150,000 50,000
Proceeds from sale of mineral property 50,000 3,000,000
Purchases of property, plant and equipment (71,655) (251,603)
Purchase of mineral property 0 (257,619)
Deposit on equipment 0 (25,736)
Net cash provided (used) by investing activities 128,345 2,265,042
Cash flows from financing activities:    
Sales of common stock and warrants, net of issuance costs 0 1,107,571
Proceeds from exercise of stock options 0 16,200
Payments on mineral property purchase agreement 0 (100,000)
Payments on forward gold contracts 0 (185,798)
Gold purchased for payments on forward gold contracts 0 (257,981)
Principal payments on notes payable (226,232) (275,945)
Principal payments on notes payable, related parties (39,180) (1,036,168)
Contributions from non-controlling interest 28,212 17,170
Net cash provided (used) by financing activities (237,200) (714,951)
Net change in cash and cash equivalents 31,900 581,119
Cash and cash equivalents, beginning of period 248,766 124,617
Cash and cash equivalents, end of period 280,666 705,736
Non-cash investing and financing activities:    
Deposit on equipment applied to purchase of equipment 0 30,000
Note payable for equipment purchase 858,223 709,362
Forward gold contract exchanged for note payable, related party 0 492,783
Mineral property acquired with payable and shares of common stock 0 826,587
Note from related party for equipment purchase $ 50,000 $ 0