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Mineral Properties

3 Months Ended

Mar. 31, 2022

9. Mineral Properties

Mineral properties at March 31, 2022 and December 31, 2021 consisted of the following:

	March 31, 2022			December 31, 2021
Golden Chest
Mineral Property	$	1,590,672		$	1,577,669
Infrastructure		1,235,146			1,056,037
Total Golden Chest		2,825,818			2,633,706
New Jersey		248,289			248,289
McKinley-Monarch		200,000			200,000
Butte Potosi		274,440			274,440
Alder Gulch		2,473,066			2,473,066
Park Copper		78,000			78,000
Less accumulated amortization		(68,949	)		(64,315	)
Total	$	6,030,664		$	5,843,186

For the three-month periods ended March 31, 2022, and 2021 $13,003 and $10,186, respectively of interest expense was capitalized in association with the ramp access project at the Golden Chest.