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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income (loss) $ 44,186 $ (473,069)
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:    
Depreciation and amortization 328,037 230,208
Accretion of asset retirement obligation 3,899 2,516
Loss on sale of equipment 6,120 0
Issuance of common stock for services 0 32,326
Equity income on investment in Buckskin (350) (331)
Change in operating assets and liabilities:    
Gold sales receivable (432,393) (398,230)
Inventories 72,669 (392,351)
Joint venture receivable (1,601) 1,614
Other current assets 11,856 36,715
Accounts payable and other accrued liabilities 64,565 64,907
Accrued payroll and related payroll expenses 63,774 47,609
Net cash provided (used) by operating activities 160,762 (848,086)
Cash flows from investing activities:    
Purchases of property, plant, and equipment (129,249) (66,818)
Deposits on equipment 0 (29,891)
Proceeds from sale of equipment 8,500 0
Additions to mineral property (284,272) (192,112)
Purchase of equity securities (11,100) 0
Net cash used by investing activities (416,121) (288,821)
Cash flows from financing activities:    
Proceeds from sale of common stock, net of offering cost 878,503 2,701,000
Proceeds from exercise of common stock warrants 0 68,006
Principal payments on notes payable (238,354) (192,054)
Principal payments on notes payable, related parties (10,618) (10,203)
Contributions from non-controlling interest 1,601 2,828
Net cash provided by financing activities 631,132 2,569,577
Net change in cash and cash equivalents 375,773 1,432,670
Cash and cash equivalents, beginning of period 1,638,031 1,976,518
Cash and cash equivalents, end of period 2,013,804 3,409,188
Non-cash investing and financing activities:    
Notes payable for equipment purchased 0 241,861
Deposit on equipment paid by lender 0 96,000
Conversion of convertible debt to common stock 0 1,950,000
Deposit applied to equipment $ 42,610 $ 0