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5. Related Party Transactions: Related Party Notes and Interest Payable (Tables)

9 Months Ended

Sep. 30, 2020

Tables/Schedules

Related Party Notes and Interest Payable

		September 30, 2020		December 31, 2019
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 $110,835 in February 2022	$	163,240	$	189,236
H&H Metals, shareholder and concentrate broker, 8% interest, balance due April 2021		-		27,438
Total		163,240		216,674
Current portion		(36,528)		(34,924)
Long term portion	$	126,712	$	181,750

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- Definition

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.

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