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New Jersey Mining Company Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 3,150,812 $ 217,796
Gold sales receivable 292,162 305,924
Inventories 220,067 225,146
Joint venture receivable 2,830 2,410
Other current assets 139,432 158,833
Total current assets 3,805,303 910,109
Property, plant and equipment, net of accumulated depreciation 7,092,418 7,015,734
Mineral properties, net of accumulated amortization 3,242,823 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 14,678,864 10,852,181
Current liabilities:    
Accounts payable and other accrued liabilities 519,417 529,235
Accrued payroll and related payroll expenses 111,735 80,402
Notes payable related parties, current portion 36,528 34,924
Notes payable, current portion 319,294 303,987
Small Business Administration loan, current portion 1,243 0
Total current liabilities 988,217 948,548
Asset retirement obligation 170,539 163,369
Notes payable related parties, long term 126,712 181,750
Convertible debt 1,010,000 0
Convertible debt-related party 25,000 0
Notes payable, long term 742,590 901,537
Small Business Administration loan, long term 150,735 0
Total long-term liabilities 2,225,576 1,246,656
Total liabilities 3,213,793 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; September 30, 2020 - 136,331,642 and December 31, 2019 - 123,812,144 shares issued and outstanding 20,848,229 17,682,999
Accumulated deficit (12,345,684) (12,029,910)
Total New Jersey Mining Company stockholders' equity 8,502,545 5,653,089
Non-controlling interest 2,962,526 3,003,888
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance 11,465,071 8,656,977
Total liabilities and stockholders' equity $ 14,678,864 $ 10,852,181
[1] BS1