XML 29 R29.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Federal Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Income Tax Disclosure [Abstract] |
Schedule of Components of Future Tax Assets and Liabilities | Our future tax assets and liabilities at December 31, 2014 and 2013 include the following components:
|  | December 31, |
|  | 2014 |  |  | 2013 |
Deferred tax assets: |  |  |  |  |  |  |  |
Non-Current: |  |  |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 71,882 |  |  | $ | 63,539 |
Mineral properties |  |  | 11,375 |  |  |  | 14,153 |
Equipment & Furniture |  |  | 133 |  |  |  | 127 |
Restoration Reserves |  |  | 1,360 |  |  |  | 1,303 |
Stock-based compensation |  |  | 199 |  |  |  | — |
Derivatives |  |  | — |  |  |  | 37 |
Deferred tax assets |  |  | 84,949 |  |  |  | 79,159 |
Valuation allowance |  |  | (82,435 | ) |  |  | (78,544 | )
Net |  | $ | 2,514 |  |  | $ | 615 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |  |
Prepaids and other |  |  | 100 |  |  | $ | 50 |
|  |  | 100 |  |  |  | 50 |
Non-Current: |  |  |  |  |  |  |  |
Derivatives |  |  | (956 | ) |  |  | — |
Equipment & Furniture |  |  | (1,658 | ) |  |  | (665 | )
|  |  | (2,614 | ) |  |  | (665 | )
Deferred tax liabilities |  |  | (2,514 | ) |  |  | (615 | )
Net deferred tax asset (liability) |  | $ | — |  |  | $ | — |
Schedule of Reconciliation of Expected Income Tax on Net Income at Statutory Rates | A reconciliation of expected income tax on net income at statutory rates is as follows:
|  | Year ended December 31, |
|  | 2014 |  |  | 2013 |
Net loss |  | $ | (10,684 | ) |  | $ | (20,294 | )
Statutory tax rate |  |  | 34 | % |  |  | 34 | %
Tax recovery at statutory rate |  |  | (3,633 | ) |  |  | (6,900 | )
Change in tax rates |  |  | — |  |  |  | 636 |
Mineral property adjustments |  |  | 1,975 |  |  |  | (4,210 | )
Stock based compensation |  |  | 12 |  |  |  | 416 |
Operating loss carryforward adjustment |  |  | (2,251 | ) |  |  | 636 |
Nondeductible write-offs |  |  | 6 |  |  |  | 126 |
Change in valuation allowance |  |  | 3,891 |  |  |  | 9,296 |
Income tax expense (recovery) |  |  | $— |  |  |  | $— |

X
- Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration