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New Jersey Mining Company Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:    
Net income (loss) $ (726,507) $ 752,279
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:    
Depreciation and amortization 580,005 367,939
Accretion of asset retirement obligation 9,077 3,901
Stock based compensation 190,019 42,020
Loss on abandonment of mineral property 333,333 0
Change in fair value of forward gold contracts 0 15,984
Write down of inventory to net realizable value 0 19,874
Gain on sale of mineral property 0 (2,947,862)
Common stock issued for services 0 9,059
Change in operating assets and liabilities:    
Gold sales receivable (231,251) 233,123
Inventories (42,077) 42,211
Joint venture receivable (359) 2,631
Other current assets (55,610) (862)
Accounts payable 127,734 37,691
Accrued payroll and related payroll expenses 22,043 17,649
Interest payable related parties 0 (10,772)
Net cash provided (used) by operating activities 206,407 (1,415,135)
Cash flows from investing activities:    
Purchases of property, plant and equipment (95,220) (317,485)
Purchase of mineral property 0 (374,438)
Deposit on mineral property (25,000) 0
Deposit on equipment 0 (11,958)
Proceeds from sale of mineral property 50,000 3,000,000
Issuance of note receivable 0 (250,000)
Payment received on note receivable 150,000 100,000
Net cash provided (used) by investing activities 79,780 2,146,119
Cash flows from financing activities:    
Sales of common stock and warrants, net of issuance costs 0 1,206,856
Contributions from non-controlling interest 0 16,200
Payments on forward gold contracts in cash 0 (185,798)
Gold purchased for payments on forward gold contracts 0 (257,981)
Principal payments on notes payable (294,562) (366,689)
Principal payments on notes, related parties (70,153) (1,058,096)
Contributions from non-controlling interest 47,558 38,673
Net cash provided (used) by financing activities (317,157) (606,835)
Net change in cash and cash equivalents (30,970) 124,149
Cash and cash equivalents, beginning of year 248,766 124,617
Cash and cash equivalents, end of year 217,796 248,766
Supplemental disclosure of cash flow information:    
Interest paid in cash 84,771 94,462
Non-cash investing and financing activities:    
Deposit on equipment applied to purchase of equipment 11,958 30,000
Note payable for equipment purchase 858,223 735,762
Note from related party for equipment purchase 50,000 0
Shares of common stock issued for mineral property 0 233,333
Forward gold contract exchanged for note payable, related party $ 0 $ 492,784