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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income $ 7,292,163 $ 5,862,244
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,694,427 1,443,232
(Gain) loss on disposal of equipment 308,840 1,431
Accretion of asset retirement obligation 14,907 13,954
Loss on investment in equity securities 0 453
Equity income on investment in Buckskin Gold and Silver, Inc (2,376) (1,579)
Write down of reclamation bond 0 300
Stock-based compensation 1,247,768 0
Gain from debt payments made by 3rd party (44,951) 0
Amortization of discount on US treasury notes 18,832 278
Change in operating assets and liabilities:    
Gold sales receivable (3,102,359) (15,184)
Inventories 53,363 (94,826)
Government grant receivable 0 (418,000)
Joint venture receivable 2,721 1,225
Other current assets (439,054) (168,430)
Accounts payable and accrued expenses 1,308,288 882,124
Accrued payroll and related payroll expenses 3,320 179,178
Net cash provided by operating activities 8,355,889 7,686,400
Cash flows from investing activities:    
Purchases of property, plant, and equipment (4,130,159) (1,188,481)
Deposits on equipment (270,381) (923,228)
Proceeds from sale of equipment 90,400 6,000
Purchase of mineral property (300,000) 0
Additions to mineral property (1,623,628) (1,126,271)
Purchase of US treasury notes (32,719,959) (7,310,706)
Maturity of US treasury notes 6,262,000 1,171,196
Proceeds from sale of investment in equity securities 0 5,196
Purchase of reclamation bond (101,110) (5,000)
Refund of reclamation bond 0 6,900
Net cash used by investing activities (32,792,837) (9,364,394)
Cash flows from financing activities:    
Proceeds from sale of common stock, net of issuance cost 27,823,261 7,432,216
Proceeds from issuance of common stock for warrants exercised 0 1,253,370
Proceeds from issuance of common stock for stock options exercised 155,810 280,011
Principal payments on notes payable (881,314) (1,195,146)
Contributions from non-controlling interest 15,974 13,100
Net cash provided by financing activities 27,113,731 7,783,551
Net change in cash and cash equivalents 2,676,783 6,105,557
Cash and cash equivalents, beginning of period 1,106,901 2,286,999
Cash and cash equivalents, end of period 3,783,684 8,392,556
Non-cash investing and financing activities:    
Deposit on equipment applied to purchase 404,657 365,564
Notes payable for equipment purchase 2,156,967 1,148,521
Note payable for mineral property purchase $ 0 $ 650,000