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12. Related Party Transactions: Related Party interest expense (Tables)
12 Months Ended
Dec. 31, 2019
Tables/Schedules  
Related Party interest expense

 

 

 

2019

 

2018

Mine Systems Design, a company in which our Company’s Vice President owns 10.4%, 12% interest, monthly payments of $4,910 through March 2019

$

-

$

14,696

Ophir Holdings LLC, a company owned by two officers and one former officer of the Company, 6% interest, monthly payments of $3,777 with a balloon payment of $148,285 in February 2021

 

189,236

 

222,131

H&H Metals, shareholder and concentrate broker, 8% interest, principal and interest due March 2021

 

27,438

 

-

Total

 

216,674

 

236,827

Current portion

 

34,924

 

47,591

Long term portion

$

181,750

$

189,236