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Property Plant and Equipment
12 Months Ended
Dec. 31, 2024
Property Plant and Equipment  
Property, Plant and Equipment

4. Property, Plant and Equipment

Property, plant and equipment at December 31, 2024 and 2023 consisted of the following:

 

 

 

2024

 

 

2023

 

Mine Equipment

 

 

8,223,596

 

 

 

7,025,060

 

Accumulated Depreciation

 

$(3,845,349)

 

$(2,932,547)

Total Mine Equipment

 

 

4,378,247

 

 

 

4,092,513

 

 

 

 

 

 

 

 

 

 

Mill Equipment

 

 

7,580,452

 

 

 

5,842,195

 

Accumulated Depreciation

 

 

(2,453,673)

 

 

(1,579,551)

Total Mill Equipment

 

 

5,126,779

 

 

 

4,262,644

 

 

 

 

 

 

 

 

 

 

Buildings

 

 

2,715,931

 

 

 

1,152,406

 

Accumulated Depreciation

 

 

(295,595)

 

 

(252,626)

Total Buildings

 

 

2,420,336

 

 

 

899,780

 

 

 

 

 

 

 

 

 

 

Land

 

 

978,703

 

 

 

978,703

 

 

 

 

 

 

 

 

 

 

Total

 

$12,904,065

 

 

$10,233,640