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New Jersey Mining Company Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Details    
Revenue-gold sales $ 5,674,947 $ 6,119,512
Cost of sales:    
Cost of sales and other direct production costs 5,031,730 4,800,959
Depreciation and amortization 575,671 580,005
Total cost of sales 5,607,401 5,380,964
Gross profit 67,546 738,548
Other operating expenses:    
Pre-development expense 0 117,440
Exploration 303,291 214,924
Loss on write off of equipment 9,536 0
Loss on abandonment of mineral property 0 333,333
Management 169,493 153,484
Professional services 183,017 151,434
General and administrative 397,315 453,958
Total other operating expenses 1,062,652 1,424,573
Income (loss) from operations (995,106) (686,025)
Other (income) expense:    
Gain on forgiveness of CARES Act loan (358,346) 0
Timber revenue (49,798) (13,235)
Timber expense 3,494 1,963
Interest Income (1,696) (33,017)
Interest expense 151,179 84,771
Total other (income) expense (255,167) 40,482
Net income (loss) (739,939) (726,507)
Net income (loss) attributable to non-controlling interest (97,063) (116,902)
Net income (loss) attributable to New Jersey Mining Company $ (642,876) $ (609,605)
Net income (loss) per common share-basic and diluted $ 0.00 $ 0.00
Weighted average common shares outstanding-basic and diluted 128,772,206 123,658,174