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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
REVENUES        
Total revenues $ 28,815 $ 27,370 $ 51,665 $ 46,664
COSTS AND EXPENSES        
Mine claims and costs 91,025 244,458 271,256 508,993
Environmental and reclamation 62,186 169,264 120,254 517,315
General and administrative 827,542 957,034 1,554,163 1,617,897
Total costs and expenses 1,967,840 2,579,047 3,878,293 5,043,000
LOSS FROM OPERATIONS (1,939,025) (2,551,677) (3,826,628) (4,996,336)
OTHER INCOME (EXPENSE)        
Interest expense (330,887) (398,854) (714,227) (854,936)
Other income (expense) (145,420) 17,809 (359,381) 144,369
Total other expense, net (476,307) (381,045) (1,073,608) (710,567)
LOSS BEFORE INCOME TAXES (2,415,332) (2,932,722) (4,900,236) (5,706,903)
INCOME TAXES 0 0 0 0
NET LOSS $ (2,415,332) $ (2,932,722) $ (4,900,236) $ (5,706,903)
Net loss per common share – basic (in dollars per share) $ (0.04) $ (0.08) $ (0.09) $ (0.15)
Net loss per common share – diluted (in dollars per share) $ (0.04) $ (0.08) $ (0.09) $ (0.15)
Weighted average common shares outstanding — basic (in shares) 53,834,285 38,614,940 51,859,818 37,942,856
Weighted average common shares outstanding — diluted (in shares) 53,834,285 38,614,940 51,859,818 37,942,856
Mining        
REVENUES        
Total revenues $ 0 $ 0 $ 0 $ 0
COSTS AND EXPENSES        
Costs of goods and services sold 728,559 914,341 1,457,463 1,816,745
Real Estate        
REVENUES        
Total revenues 28,815 27,370 51,665 46,664
COSTS AND EXPENSES        
Costs of goods and services sold 9,880 22,813 16,971 39,946
Exploration and mine development        
COSTS AND EXPENSES        
Costs of goods and services sold $ 248,648 $ 271,137 $ 458,186 $ 542,104