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New Jersey Mining Company Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 217,796 $ 248,766
Gold sales receivable 305,924 74,673
Inventories 225,146 183,069
Joint venture receivable 2,410 2,051
Note receivable 0 150,000
Other current assets 158,833 103,223
Total current assets 910,109 761,782
Property, plant and equipment, net of accumulated depreciation 7,015,734 6,567,350
Mineral properties, net of accumulated amortization 2,363,018 2,759,339
Investment in joint venture 435,000 435,000
Reclamation bond 103,320 103,320
Deposit 25,000 11,958
Total assets 10,852,181 10,638,749
Current liabilities:    
Accounts payable 529,235 401,501
Accrued payroll and related payroll expenses 80,402 58,359
Notes payable related parties, current portion 34,924 47,591
Notes payable, current portion 303,987 217,679
Total current liabilities 948,548 725,130
Asset retirement obligation 163,369 154,292
Notes payable related parties, long term 181,750 189,236
Notes payable, long term 901,537 424,184
Total long term liabilities 1,246,656 767,712
Total liabilities 2,195,204 1,492,842
Commitments (Note 6) [1] 0 0
Stockholders' equity:    
Preferred stock, no par value, 1,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, no par value, 200,000,000 shares authorized; 123,812,144 and 123,413,569 shares issued and outstanding, respectively 17,682,999 17,492,980
Accumulated deficit (12,029,910) (11,420,305)
Total New Jersey Mining Company stockholders' equity 5,653,089 6,072,675
Non-controlling interest 3,003,888 3,073,232
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance 8,656,977 9,145,907
Total liabilities and stockholders' equity $ 10,852,181 $ 10,638,749
[1] Note 6