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DISCONTINUED OPERATIONS AND PREFERRED STOCK ISSUANCE (Tables)
 6 Months Ended
Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of assets and liabilities associated with the mining segment

Presented below are the assets and liabilities associated with the Company’s mining segment as of June 30, 2016 and December 31, 2015:

 

    2016     2015  
             
Assets retained by the Company:                
Performance bonds and refundable deposits   $ 135     $ 114  
                 
Net assets conveyed to Purchaser:                
Undeveloped mining claims     -       21,942  
Mining equipment     -       1,774  
Less accumulated depreciation of mining equipment     -       (892 )
Less write-down due to impairment     -       (22,620 )
                 
Net book value of assets conveyed     -       204  
                 
Total assets of discontinued operations   $ 135     $ 318  
                 
Asset retirement obligations assumed by Purchaser   $ -     $ 204  
Schedule of components of discontinued operations

The results of operations of the discontinued mining operations are presented separately in the accompanying financial statements. Presented below are the components for the three and six months ended June 30, 2016 and 2015:

 

    Three Months Ended     Six Months Ended  
    June 30:     June 30:  
    2016     2015     2016     2015  
                         
Issuance of preferred stock to induce dispostion   $ -     $ -     $ (1,999 )   $ -  
Operating expenses of mining segment:                                
Water treatment plant     -       (424 )     (256 )     (852 )
Mine property holding costs     -       (252 )     (117 )     (545 )
Depreciation of mine equipment     -       (31 )     -       (62 )
Professional fees related to disposition     (10 )     -       (76 )     -  
Total results for discontinued operations   $ (10 )   $ (707 )   $ (2,448 )   $ (1,459 )