XML 20 R9.htm IDEA: XBRL DOCUMENT v3.21.1
3. Inventories
3 Months Ended
Mar. 31, 2021
Notes  
3. Inventories

3. Inventories 

At March 31, 2021 and December 31, 2020, the Company’s inventories consisted of the following:

 

 

 

March 31,

2021

 

December 31, 2020

Concentrate inventory

 

 

 

 

In process

$

-

$

90,743

Finished goods

 

211,414

 

230,318

Total concentrate inventory

 

211,414

 

321,061

 

 

 

 

 

Supplies inventory

 

 

 

 

Mine parts and supplies

 

62,370

 

52,600

Mill parts and supplies

 

31,792

 

28,876

Total supplies inventory

 

94,162

 

81,476

 

 

 

 

 

Total

$

305,576

$

402,537

 

The carrying value of inventory is determined each period based on the lower of cost or net realizable value. At March 31, 2021 and December 31, 2020 gold concentrate is carried at cost.