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New Jersey Mining Company Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 396,158 $ 217,796
Gold sales receivable 374,881 305,924
Inventories 274,840 225,146
Joint venture receivable 5,127 2,410
Other current assets 105,143 158,833
Total current assets 1,156,149 910,109
Property, plant and equipment, net of accumulated depreciation 6,754,500 7,015,734
Mineral properties, net of accumulated amortization 3,130,280 2,363,018
Investment in joint venture 435,000 435,000
Reclamation bond 103,320 103,320
Deposit on equipment 0 25,000
Total assets 11,579,249 10,852,181
Current liabilities:    
Accounts payable and other accrued liabilities 338,989 529,235
Accrued payroll and related payroll expenses 83,558 80,402
Notes payable related parties, current portion 35,985 34,924
Notes payable, current portion 263,125 303,987
Small Business Administration loans, current portion 187,996 0
Total current liabilities 909,653 948,548
Asset retirement obligation 168,114 163,369
Notes payable related parties, long term 136,050 181,750
Convertible debt 860,000 0
Convertible debt-related party 25,000 0
Notes payable, long term 654,373 901,537
Small Business Administration loans, long term 321,721 0
Total long-term liabilities 2,165,258 1,246,656
Total liabilities 3,074,911 2,195,204
Commitments (Note 10) [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; June 30, 2020-125,293,625 and December 31, 2019-123,812,144 shares issued and outstanding 17,882,999 17,682,999
Accumulated deficit (12,356,391) (12,029,910)
Total New Jersey Mining Company stockholders' equity 5,526,608 5,653,089
Non-controlling interest 2,977,730 3,003,888
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance 8,504,338 8,656,977
Total liabilities and stockholders' equity $ 11,579,249 $ 10,852,181
[1] Note 6