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1. The Company and Significant Accounting Policies: Inventories (Policies)
9 Months Ended
Sep. 30, 2021
Policies  
Inventories

Inventories

 

Inventories are stated at the lower of full cost of production or estimated net realizable value based on current metal prices. Costs consist of mining, transportation, and milling costs including applicable overhead, depreciation, depletion and amortization relating to the operations. Costs are allocated based on the stage at which the ore is in the production process. Supplies inventory is stated at the lower of cost or estimated net realizable value.