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3. Inventories
6 Months Ended
Jun. 30, 2020
Notes  
3. Inventories 3. Inventories 

At June 30, 2020 and December 31, 2019, the Company’s inventories consisted of the following:

 

 

 

June 30,

2020

 

December 31, 2019

 

 

 

 

 

Gold concentrate

$

228,981

$

197,862

Materials and supplies

 

45,859

 

27,284

Total

$

274,840

$

225,146

At June 30, 2020, and December 31, 2019, gold concentrate inventory is carried at allocated production costs as they are lower than estimated net realizable value based on existing metal prices at each period end.