International Tower Hill Mines (THM) 10-Q 5 May 17 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 01, 2017
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Entity Registrant Name	INTERNATIONAL TOWER HILL MINES LTD
Entity Central Index Key	1,134,115
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	THM
Entity Common Stock, Shares Outstanding		162,186,972

CONDENSED CONSOLIDATED INTERIM

CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 6,630,715	$ 22,466,493
Prepaid expenses and other	164,661	206,221
Total current assets	6,795,376	22,672,714
Property and equipment	23,800	24,800
Capitalized acquisition costs	55,204,041	55,204,041
Total assets	62,023,217	77,901,555
Current liabilities
Accounts payable	415,845	179,496
Accrued liabilities	332,703	210,182
Derivative liability	0	14,694,169
Non-current liabilities
Total liabilities	748,548	15,083,847
Shareholders’ equity
Share capital, no par value; authorized 500,000,000 shares; 162,186,972 shares issued and outstanding at December 31, 2016 and March 31, 2017	265,524,796	265,569,796
Contributed surplus	34,092,260	34,079,301
Accumulated other comprehensive income	1,511,198	1,344,219
Deficit	(239,853,585)	(238,175,608)
Total shareholders' equity	61,274,669	62,817,708
Total liabilities and shareholders' equity	$ 62,023,217	$ 77,901,555

CONDENSED CONSOLIDATED INTERIM3

CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2017	Dec. 31, 2016
Common Stock, No Par Value	$ 0	$ 0
Common Stock, Shares Authorized	500,000,000	500,000,000
Common Stock, Shares, Issued	162,186,972	162,186,972
Common Stock, Shares, Outstanding	162,186,972	162,186,972

CONDENSED CONSOLIDATED INTERIM4

CONDENSED CONSOLIDATED INTERIM STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Operating Expenses
Consulting fees	$ 72,695	$ 73,190
Depreciation	999	1,315
Insurance	65,995	61,749
Investor relations	28,497	20,958
Mineral property exploration	711,116	796,505
Office	8,141	7,837
Other	4,537	4,476
Professional fees	50,219	42,834
Regulatory	57,299	36,738
Rent	35,349	35,361
Travel	31,453	19,213
Wages and benefits	456,414	570,238
Total operating expenses	(1,522,714)	(1,670,414)
Other income (expense)
Loss on foreign exchange	(166,124)	(123,862)
Interest income	10,861	6,820
Unrealized loss on derivative	0	(700,000)
Total other income (expense)	(155,263)	(817,042)
Net loss for the period	(1,677,977)	(2,487,456)
Other comprehensive income (loss)
Unrealized gain/(loss) on marketable securities	1,964	(473)
Exchange difference on translating foreign operations	165,015	299,483
Total other comprehensive income (loss) for the period	166,979	299,010
Comprehensive loss for the period	$ (1,510,998)	$ (2,188,446)
Basic and fully diluted loss per share (in dollars per share)	$ (0.01)	$ (0.02)
Weighted average number of shares outstanding (in shares)	162,186,972	116,313,638

CONDENSED CONSOLIDATED INTERIM5

CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]
Balance at Dec. 31, 2015	$ 47,503,357	$ 243,692,185	$ 33,979,717	$ 816,435	$ (230,984,980)
Balance (in shares) at Dec. 31, 2015		116,313,638
Stock-based compensation	60,651	$ 0	60,651	0	0
Unrealized gain/(loss) on available-for-sale securities	(473)	0	0	(473)	0
Exchange difference on translating foreign operations	299,483	0	0	299,483	0
Net loss	(2,487,456)	0	0	0	(2,487,456)
Balance at Mar. 31, 2016	45,375,562	$ 243,692,185	34,040,368	1,115,445	(233,472,436)
Balance (in shares) at Mar. 31, 2016		116,313,638
Balance at Dec. 31, 2015	47,503,357	$ 243,692,185	33,979,717	816,435	(230,984,980)
Balance (in shares) at Dec. 31, 2015		116,313,638
Balance at Dec. 31, 2016	62,817,708	$ 265,569,796	34,079,301	1,344,219	(238,175,608)
Balance (in shares) at Dec. 31, 2016		162,186,972
Balance at Mar. 31, 2016	45,375,562	$ 243,692,185	34,040,368	1,115,445	(233,472,436)
Balance (in shares) at Mar. 31, 2016		116,313,638
Private placement	22,000,000	$ 22,000,000	0	0	0
Private placement (in shares)		45,833,334
Share issuance costs	(146,735)	$ (146,735)	0	0	0
Stock-based compensation	47,875	0	47,875	0	0
Unrealized gain/(loss) on available-for-sale securities	(10,321)	0	0	(10,321)	0
Exchange difference on translating foreign operations	239,095	0	0	239,095	0
Exercise of options	15,404	$ 15,404	0	0	0
Exercise of options (in shares)		40,000
Reallocation from contributed surplus	0	$ 8,942	(8,942)	0	0
Net loss	(4,703,172)	0	0	0	(4,703,172)
Balance at Dec. 31, 2016	62,817,708	$ 265,569,796	34,079,301	1,344,219	(238,175,608)
Balance (in shares) at Dec. 31, 2016		162,186,972
Share issuance costs	(45,000)	$ (45,000)	0	0	0
Stock-based compensation	12,959	0	12,959	0	0
Unrealized gain/(loss) on available-for-sale securities	1,964	0	0	1,964	0
Exchange difference on translating foreign operations	165,015	0	0	165,015	0
Net loss	(1,677,977)	0	0	0	(1,677,977)
Balance at Mar. 31, 2017	$ 61,274,669	$ 265,524,796	$ 34,092,260	$ 1,511,198	$ (239,853,585)
Balance (in shares) at Mar. 31, 2017		162,186,972

CONDENSED CONSOLIDATED INTERIM6

CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Operating Activities
Loss for the period	$ (1,677,977)	$ (2,487,456)
Add items not affecting cash:
Depreciation	999	1,315
Share-based payments	12,959	60,651
Unrealized loss on derivative liability	0	700,000
Changes in non-cash items:
Accounts receivable	(115,431)	(10,326)
Prepaid expenses and other	50,963	28,870
Advance to contractors	0	(8,835)
Accounts payable and accrued liabilities	350,172	6,477
Cash used in operating activities	(1,378,315)	(1,709,304)
Financing Activities
Derivative payment	(14,694,169)	0
Share issuance costs	(45,000)	0
Cash used in financing activities	(14,739,169)	0
Effect of foreign exchange on cash	281,706	306,390
Decrease in cash and cash equivalents	(15,835,778)	(1,402,914)
Cash and cash equivalents, beginning of the period	22,466,493	6,493,486
Cash and cash equivalents, end of the period	$ 6,630,715	$ 5,090,572

GENERAL INFORMATION AND NATURE

GENERAL INFORMATION AND NATURE OF OPERATIONS	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations [Text Block]	1. GENERAL INFORMATION AND NATURE OF OPERATIONS International Tower Hill Mines Ltd. (“ITH” or the "Company") is incorporated under the laws of British Columbia, Canada. The Company’s head office address is 2300-1177 West Hastings Street, Vancouver, British Columbia, Canada. International Tower Hill Mines Ltd. consists of ITH and its wholly owned subsidiaries Tower Hill Mines, Inc. (“TH Alaska”) (an Alaska corporation), Tower Hill Mines (US) LLC (“TH US”) (a Colorado limited liability company), Livengood Placers, Inc. (“LPI”) (a Nevada corporation), and 813034 Alberta Ltd. (an Alberta corporation). The Company is in the business of acquiring, exploring and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. At March 31, 2017, the Company was in the exploration stage and controls a 100 These unaudited condensed consolidated interim financial statements have been prepared on a going-concern basis, which presumes the realization of assets and discharge of liabilities in the normal course of business for the foreseeable future. As at March 31, 2017, the Company had cash and cash equivalents of $ 6,630,715 22,466,493 14,694,169 The Company will require significant additional financing to continue its operations in connection with advancing activities at the Livengood Gold Project and for the development of any mine that may be determined to be built at the Livengood Gold Project. In addition, any significant delays in the issuance of required permits for the ongoing work at the Livengood Gold Project, or unexpected results in connection with the ongoing work, could result in the Company being required to raise additional funds to advance permitting efforts. The Company’s review of its financing options includes pursuing a future strategic alliance to assist in further development, permitting and future construction costs. Despite the Company’s success to date in raising significant equity financing to fund its operations, there is significant uncertainty that the Company will be able to secure any additional financing in the current or future equity markets. The amount of funds to be raised and the terms of any proposed equity financing that may be undertaken will be negotiated by management as opportunities to raise funds arise. Specific plans related to the use of proceeds will be devised once financing has been completed and management knows what funds will be available for these purposes. Due to this uncertainty, if the Company is unable to secure additional financing, it may be required to reduce all discretionary activities at the Project to preserve its working capital to fund anticipated non-discretionary expenditures beyond the 2017 fiscal year.

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	2. BASIS OF PRESENTATION The preparation of financial statements in conformity with U.S. GAAP requires management to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the period. These judgments, estimates and assumptions are continuously evaluated and are based on management’s experience and knowledge of the relevant facts and circumstances. While management believes the estimates to be reasonable, actual results could differ from those estimates and could impact future results of operations and cash flows. On May 4, 2017, the Board approved these condensed consolidated interim financial statements. Basis of consolidation These condensed consolidated interim financial statements include the accounts of ITH and its wholly owned subsidiaries TH Alaska, TH US, LPI and 813034 Alberta Ltd. All intercompany transactions and balances have been eliminated.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	3. FAIR VALUE OF FINANCIAL INSTRUMENTS The carrying values of cash and cash equivalents, accounts receivable and accounts payable and accrued liabilities approximate their fair values due to the short-term maturity of these financial instruments. Financial instruments measured at fair value are classified into one of three levels in the fair value hierarchy according to the significance of the inputs used in making the measurement. The three levels of the fair value hierarchy are as follows: · Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities; · Level 2 – Inputs other than quoted prices that are observable for the asset or liability either directly or indirectly; and · Level 3 – Inputs that are not based on observable market data. Fair value as at March 31, 2017 Level 1 Level 2 Financial assets: Marketable securities $ 24,882 $ - Total $ 24,882 $ - Fair value as at December 31, 2016 Level 1 Level 2 Financial assets: Marketable securities $ 22,754 $ - Total $ 22,754 $ - Financial liabilities: Derivative liability (Note 6) $ - $ 14,694,169 Total $ - $ 14,694,169

CAPITALIZED ACQUISITION COSTS

CAPITALIZED ACQUISITION COSTS	3 Months Ended
	Mar. 31, 2017
Mineral Industries Disclosures [Abstract]
Mineral Industries Disclosures [Text Block]	4. CAPITALIZED ACQUISITION COSTS Capitalized acquisition costs Amount Balance, December 31, 2016 $ 55,204,041 Acquisition costs - Balance, March 31, 2017 $ 55,204,041 March 31, 2017 March 31, 2016 Exploration costs: Assay $ 411,617 $ - Environmental 48,774 72,799 Equipment rental 10,341 11,152 Field costs 47,026 49,484 Geological/geophysical 121,057 590,829 Land maintenance & tenure 35,315 35,760 Legal 35,710 36,563 Transportation and travel 1,276 (82) Total expenditures for the period $ 711,116 $ 796,505 Livengood Gold Project Property The Livengood property is located in the Tintina gold belt approximately 113 kilometers (70 miles) northwest of Fairbanks, Alaska. The property consists of land leased from the Alaska Mental Health Trust, a number of smaller private mineral leases, Alaska state mining claims purchased or located by the Company and patented ground held by the Company. Details of the leases are as follows: a) a lease of the Alaska Mental Health Trust mineral rights having a term beginning July 1, 2004 and extending 19 125 19 2.5 5.0 0.5 1.0 2,302,666 b) a lease of federal unpatented lode mining claims having an initial term of ten years commencing on April 21, 2003 and continuing for so long thereafter as advance minimum royalties are paid and mining related activities, including exploration, continue on the property or on adjacent properties controlled by the Company. The lease requires an advance minimum royalty of $ 50,000 2 3 1 1,000,000 630,000 c) a lease of patented lode mining claims having an initial term of ten years commencing January 18, 2007, and continuing for so long thereafter as advance minimum royalties are paid. The lease requires an advance minimum royalty of $ 20,000 25,000 3 1,000,000 500,000 500,000 3 20,000 185,000 d) a lease of unpatented federal lode mining and federal unpatented placer claims having an initial term of ten years commencing on March 28, 2007, and continuing for so long thereafter as advance minimum royalties are paid and mining related activities, including exploration, continue on the property or on adjacent properties controlled by the Company. The lease requires an advance minimum royalty of $ 15,000 250,000 125,000 120 125,000 2 1,000,000 15,000 128,000 Title to mineral properties The acquisition of title to mineral properties is a detailed and time-consuming process. The Company has taken steps to verify title to mineral properties in which it has an interest. Although the Company has taken every reasonable precaution to ensure that legal title to its properties is properly recorded in the name of the Company, there can be no assurance that such title will ultimately be secured.

ACCRUED LIABILITIES

ACCRUED LIABILITIES	3 Months Ended
	Mar. 31, 2017
Payables and Accruals [Abstract]
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	5. ACCRUED LIABILITIES March 31, December 31, Accrued liabilities $ 292,612 $ 41,682 Accrued salaries and benefits 40,091 168,500 Total accrued liabilities $ 332,703 $ 210,182 Accrued liabilities at March 31, 2017 include accruals for general corporate costs and project costs of $ 78,824 213,788 13,406 28,276

DERIVATIVE LIABILITY

DERIVATIVE LIABILITY	3 Months Ended
	Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Fair Value [Text Block]	6. DERIVATIVE LIABILITY During 2011, the Company acquired certain mining claims and related rights in the vicinity of the Livengood Gold Project located near Fairbanks, Alaska. The aggregate consideration for the claims and rights was $ 13,500,000 23,148 720 720 At initial recognition on December 13, 2011 the derivative liability was valued at $ 23,100,000 14,694,169 14,694,169

SHARE CAPITAL

SHARE CAPITAL	3 Months Ended
	Mar. 31, 2017
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	7. SHARE CAPITAL Authorized 500,000,000 162,186,972 Share issuances There were no share issuances during the three months ended March 31, 2017. On December 28, 2016, the Company closed a non-brokered private placement financing of 45,833,334 0.48 22.0 Stock options The Company adopted an incentive stock option plan in 2006, as amended September 19, 2012 and reapproved on May 28, 2015 at the Company’s Annual General Meeting (the “2006 Plan”). The essential elements of the 2006 Plan provide that the aggregate number of common shares of the Company’s capital stock that may be made issuable pursuant to options granted under the 2006 Plan may not exceed 10 During the three month period ended March 31, 2017, there were no incentive stock options granted by the Company. Three Months Ended Year Ended March 31, 2017 December 31, 2016 Number of Weighted Number of Weighted Options Price (C$) Options Price (C$) Balance, beginning of the period 6,026,200 $ 1.61 6,066,200 $ 1.60 Exercised - - (40,000) 0.50 Balance, end of the period 6,026,200 $ 1.61 6,026,200 $ 1.61 The weighted average remaining life of options outstanding at March 31, 2017 was 3.79 March 31, 2017 December 31, 2016 Expiry Date Exercise Number of Exercisable Exercise Number of Exercisable August 24, 2017 $ 3.17 1,675,000 1,675,000 $ 3.17 1,675,000 1,675,000 March 14, 2018 $ 2.18 319,000 319,000 $ 2.18 319,000 319,000 February 25, 2022 $ 1.11 1,030,000 1,030,000 $ 1.11 1,030,000 1,030,000 February 25, 2022 $ 0.73 594,000 594,000 $ 0.73 594,000 594,000 March 10, 2022 $ 1.11 430,000 430,000 $ 1.11 430,000 430,000 March 16, 2023 $ 1.00 1,260,000 1,260,000 $ 1.00 1,260,000 839,999 March 16, 2023 $ 0.50 688,200 688,200 $ 0.50 688,200 445,466 June 9, 2023 $ 1.00 30,000 20,000 $ 1.00 30,000 20,000 6,026,200 6,016,200 6,026,200 5,353,465 Weighted average grant- Non-vested options: Number of date fair value Outstanding at December 31, 2016 672,735 $ 0.25 Vested (662,735) $ 0.25 Outstanding at March 31, 2017 10,000 $ 0.24 At March 31, 2017 there was unrecognized compensation expense of C$ 226 0.19 Share-based payments During the three month period ended March 31, 2017, there were no incentive stock options granted by the Company. Share-based payment charges for the three months ended March 31, 2017 totaled $ 12,959 During the three month period ended March 31, 2016, there were no incentive stock options granted by the Company. Share-based payment charges for the three months ended March 31, 2016 totaled $ 60,651 YTD December 31, 2015 Expected life of options 6 years Risk-free interest rate 0.97% Annualized volatility 80.60% Dividend rate 0.00% Exercise price (C$) $0.80 The expected volatility used in the Black-Scholes option pricing model is based on the historical volatility of the Company’s shares.

SEGMENT AND GEOGRAPHIC INFORMAT

SEGMENT AND GEOGRAPHIC INFORMATION	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	8. SEGMENT AND GEOGRAPHIC INFORMATION Canada United States Total March 31, 2017 Capitalized acquisition costs $ - $ 55,204,041 $ 55,204,041 Property and equipment 8,835 14,965 23,800 Current assets 6,353,552 441,824 6,795,376 Total assets $ 6,362,387 $ 55,660,830 $ 62,023,217 December 31, 2016 Capitalized acquisition costs $ - $ 55,204,041 $ 55,204,041 Property and equipment 8,944 15,856 24,800 Current assets 22,289,678 383,036 22,672,714 Total assets $ 22,298,622 $ 55,602,933 $ 77,901,555 Three months ended March 31, 2017 March 31, 2016 Net loss for the period – Canada $ (429,819) $ (389,928) Net loss for the period - United States (1,248,158) (2,097,528) Net loss for the period $ (1,677,977) $ (2,487,456)

COMMITMENTS

COMMITMENTS	3 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments Disclosure [Text Block]	COMMITMENTS The following table discloses, as of March 31, 2017, the Company’s contractual obligations including anticipated mineral property payments. Under the terms of the Company’s mineral property purchase agreements, mineral leases and the terms of the unpatented mineral claims held by it, the Company is required to make certain scheduled acquisition payments, incur certain levels of expenditures, make lease or advance royalty payments, make payments to government authorities and incur assessment work expenditures as summarized in the table below in order to maintain and preserve the Company’s interests in the related mineral properties. If the Company is unable or unwilling to make any such payments or incur any such expenditure, it is likely that the Company would lose or forfeit its rights to acquire or hold the related mineral properties. Payments Due by Year 2017 2018 2019 2020 2021 2022 and Total Mineral Property Leases (1) $ 381,678 $ 426,653 $ 431,703 $ 436,829 $ 442,031 $ 447,311 $ 2,566,205 Mining Claim Government Fees 114,925 114,925 114,925 114,925 114,925 114,925 689,550 Total $ 496,603 $ 541,578 $ 546,628 $ 551,754 $ 556,956 $ 562,236 $ 3,255,755 1. Does not include required work expenditures, as it is assumed that the required expenditure level is significantly below the level of work that will actually be carried out by the Company. Does not include potential royalties that may be payable (other than annual minimum royalty payments). See Note 4.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	RELATED PARTY TRANSACTIONS In December 2011, in accordance with a Stock and Asset Purchase Agreement (the “Agreement”) between the Company, Alaska/Nevada Gold Mines, Ltd. (“AN Gold Mines”) and the Heflinger Group, the Company acquired certain mining claims and related rights in the vicinity of the Livengood Gold Project located near Fairbanks, Alaska. The Company’s derivative liability, as described in Note 6 above, represented the remaining consideration for the purchase of these claims and related rights and was paid in January 2017. Under the Agreement, the payment was made 70 30 Mr. Hanneman was appointed Chief Operating Officer of the Company on March 26, 2015 and subsequently appointed Chief Executive Officer of the Company effective January 31, 2017. Mr. Hanneman is a partner of the general partner, as well as a limited partner, of AN Gold Mines and holds an 11.9 In December 2016, the Company closed a non-brokered private placement financing through the issuance of 32,429,842 9,041,554 4,361,938 0.48 34.2 19.4 9.5 162,186,972

FAIR VALUE OF FINANCIAL INSTR17

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair value as at March 31, 2017 Level 1 Level 2 Financial assets: Marketable securities $ 24,882 $ - Total $ 24,882 $ - Fair value as at December 31, 2016 Level 1 Level 2 Financial assets: Marketable securities $ 22,754 $ - Total $ 22,754 $ - Financial liabilities: Derivative liability (Note 6) $ - $ 14,694,169 Total $ - $ 14,694,169

CAPITALIZED ACQUISITION COSTS (

CAPITALIZED ACQUISITION COSTS (Tables)	3 Months Ended
	Mar. 31, 2017
Mineral Industries Disclosures [Abstract]
Capitalized Acquisition Costs Mineral Properties [Table Text Block]	The Company had the following activity related to capitalized acquisition costs: Capitalized acquisition costs Amount Balance, December 31, 2016 $ 55,204,041 Acquisition costs - Balance, March 31, 2017 $ 55,204,041
Cost Incurred in Oil and Gas Property Acquisition, Exploration, and Development Activities Disclosure [Table Text Block]	The following table presents costs incurred for exploration and evaluation activities for the three months ended March 31, 2017 and 2016: March 31, 2017 March 31, 2016 Exploration costs: Assay $ 411,617 $ - Environmental 48,774 72,799 Equipment rental 10,341 11,152 Field costs 47,026 49,484 Geological/geophysical 121,057 590,829 Land maintenance & tenure 35,315 35,760 Legal 35,710 36,563 Transportation and travel 1,276 (82) Total expenditures for the period $ 711,116 $ 796,505

ACCRUED LIABILITIES (Tables)

ACCRUED LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2017
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities [Table Text Block]	The following table presents the accrued liabilities balances at March 31, 2017 and December 31, 2016. March 31, December 31, Accrued liabilities $ 292,612 $ 41,682 Accrued salaries and benefits 40,091 168,500 Total accrued liabilities $ 332,703 $ 210,182

SHARE CAPITAL (Tables)

SHARE CAPITAL (Tables)	3 Months Ended
	Mar. 31, 2017
Stockholders' Equity Note [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	A summary of the status of the stock option plan as of March 31, 2017 and December 31, 2016 and changes is presented below: Three Months Ended Year Ended March 31, 2017 December 31, 2016 Number of Weighted Number of Weighted Options Price (C$) Options Price (C$) Balance, beginning of the period 6,026,200 $ 1.61 6,066,200 $ 1.60 Exercised - - (40,000) 0.50 Balance, end of the period 6,026,200 $ 1.61 6,026,200 $ 1.61
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]	Stock options outstanding are as follows: March 31, 2017 December 31, 2016 Expiry Date Exercise Number of Exercisable Exercise Number of Exercisable August 24, 2017 $ 3.17 1,675,000 1,675,000 $ 3.17 1,675,000 1,675,000 March 14, 2018 $ 2.18 319,000 319,000 $ 2.18 319,000 319,000 February 25, 2022 $ 1.11 1,030,000 1,030,000 $ 1.11 1,030,000 1,030,000 February 25, 2022 $ 0.73 594,000 594,000 $ 0.73 594,000 594,000 March 10, 2022 $ 1.11 430,000 430,000 $ 1.11 430,000 430,000 March 16, 2023 $ 1.00 1,260,000 1,260,000 $ 1.00 1,260,000 839,999 March 16, 2023 $ 0.50 688,200 688,200 $ 0.50 688,200 445,466 June 9, 2023 $ 1.00 30,000 20,000 $ 1.00 30,000 20,000 6,026,200 6,016,200 6,026,200 5,353,465
Schedule of Nonvested Share Activity [Table Text Block]	A summary of the non-vested options as of March 31, 2017 and changes during the three months ended March 31, 2017 is as follows: Weighted average grant- Non-vested options: Number of date fair value Outstanding at December 31, 2016 672,735 $ 0.25 Vested (662,735) $ 0.25 Outstanding at March 31, 2017 10,000 $ 0.24
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	The following weighted average assumptions were used for the Black-Scholes option pricing model calculations: YTD December 31, 2015 Expected life of options 6 years Risk-free interest rate 0.97% Annualized volatility 80.60% Dividend rate 0.00% Exercise price (C$) $0.80

SEGMENT AND GEOGRAPHIC INFORM21

SEGMENT AND GEOGRAPHIC INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The Company operates in a single reportable segment, being the exploration and development of mineral properties. The following tables present selected financial information by geographic location: Canada United States Total March 31, 2017 Capitalized acquisition costs $ - $ 55,204,041 $ 55,204,041 Property and equipment 8,835 14,965 23,800 Current assets 6,353,552 441,824 6,795,376 Total assets $ 6,362,387 $ 55,660,830 $ 62,023,217 December 31, 2016 Capitalized acquisition costs $ - $ 55,204,041 $ 55,204,041 Property and equipment 8,944 15,856 24,800 Current assets 22,289,678 383,036 22,672,714 Total assets $ 22,298,622 $ 55,602,933 $ 77,901,555 Three months ended March 31, 2017 March 31, 2016 Net loss for the period – Canada $ (429,819) $ (389,928) Net loss for the period - United States (1,248,158) (2,097,528) Net loss for the period $ (1,677,977) $ (2,487,456)

COMMITMENTS (Tables)

COMMITMENTS (Tables)	3 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]	The following table assumes that the Company retains the rights to all of its current mineral properties, but does not exercise any lease purchase or royalty buyout options: Payments Due by Year 2017 2018 2019 2020 2021 2022 and beyond Total Mineral Property Leases (1) $ 381,678 $ 426,653 $ 431,703 $ 436,829 $ 442,031 $ 447,311 $ 2,566,205 Mining Claim Government Fees 114,925 114,925 114,925 114,925 114,925 114,925 689,550 Total $ 496,603 $ 541,578 $ 546,628 $ 551,754 $ 556,956 $ 562,236 $ 3,255,755 1. Does not include required work expenditures, as it is assumed that the required expenditure level is significantly below the level of work that will actually be carried out by the Company. Does not include potential royalties that may be payable (other than annual minimum royalty payments). See Note 4.

GENERAL INFORMATION, NATURE OF

GENERAL INFORMATION, NATURE OF OPERATIONS (Details Textual) - USD ($)	Mar. 31, 2017	Jan. 12, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
General Information Nature And Continuance Of Operations [Line Items]
Derivative Liability, Fair Value, Gross Liability		$ 14,694,169
Cash and Cash Equivalents, at Carrying Value, Total	$ 6,630,715		$ 22,466,493	$ 5,090,572	$ 6,493,486
Livengood Property [Member]
General Information Nature And Continuance Of Operations [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	100.00%

FAIR VALUE OF FINANCIAL INSTR24

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Inputs, Level 1 [Member]
Financial assets:
Marketable securities	$ 24,882	$ 22,754
Total	24,882	22,754
Financial liabilities:
Derivative liability (Note 6)		0
Total		0
Fair Value, Inputs, Level 2 [Member]
Financial assets:
Marketable securities	0	0
Total	$ 0	0
Financial liabilities:
Derivative liability (Note 6)		14,694,169
Total		$ 14,694,169

CAPITALIZED ACQUISITION COSTS25

CAPITALIZED ACQUISITION COSTS (Details)	3 Months Ended
	Mar. 31, 2017USD ($)
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Balance, December 31, 2016	$ 55,204,041
Acquisition costs	0
Balance, March 31, 2017	$ 55,204,041

CAPITALIZED ACQUISITION COSTS26

CAPITALIZED ACQUISITION COSTS (Details 1) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Exploration costs:
Assay	$ 411,617	$ 0
Environmental	48,774	72,799
Equipment rental	10,341	11,152
Field costs	47,026	49,484
Geological/geophysical	121,057	590,829
Land maintenance & tenure	35,315	35,760
Legal	35,710	36,563
Transportation and travel	1,276	(82)
Total expenditures for the period	$ 711,116	$ 796,505

CAPITALIZED ACQUISITION COSTS27

CAPITALIZED ACQUISITION COSTS (Details Textual)	3 Months Ended	153 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2017USD ($)
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Extended period of lease term	19 years
Livengood Property [Member] | Alaska Mental Health Trust Mineral Rights [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Mining Properties Lease Operating Expense		$ 2,302,666
Minimum Royalty Payment Percentage	125.00%
Extended period of lease term	19 years
Livengood Property [Member] | Alaska Mental Health Trust Mineral Rights [Member] | Maximum [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Royalty Percentage	5.00%	5.00%
Livengood Property [Member] | Alaska Mental Health Trust Mineral Rights [Member] | Maximum [Member] | Production Royalty [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Royalty Percentage	1.00%	1.00%
Livengood Property [Member] | Alaska Mental Health Trust Mineral Rights [Member] | Minimum [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Royalty Percentage	2.50%	2.50%
Livengood Property [Member] | Alaska Mental Health Trust Mineral Rights [Member] | Minimum [Member] | Production Royalty [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Royalty Percentage	0.50%	0.50%
Livengood Property [Member] | Federal Unpatented Lode Mining Claims [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Mining Properties Lease Operating Expense		$ 630,000
Livengood Property [Member] | Federal Unpatented Lode Mining Claims [Member] | Production Royalty [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Royalty Percentage	1.00%	1.00%
Payments for Royalties	$ 1,000,000
Livengood Property [Member] | Federal Unpatented Lode Mining Claims [Member] | Maximum [Member] | Production Royalty [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Royalty Percentage	3.00%	3.00%
Livengood Property [Member] | Federal Unpatented Lode Mining Claims [Member] | Minimum [Member] | Advance Royalties [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Advance Royalties	$ 50,000	$ 50,000
Livengood Property [Member] | Federal Unpatented Lode Mining Claims [Member] | Minimum [Member] | Production Royalty [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Royalty Percentage	2.00%	2.00%
Livengood Property [Member] | Patented Lode Claims [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Portion Of Cash Payments Payable To Acquire Royalty Interests In Mining Properties	$ 500,000
Balance Portion Of Payments To Acquire Royalty Interests In Mining Properties Payable By Way Of Net Smelter Return	500,000	$ 500,000
Payments for Royalties	1,000,000
Mining Properties Lease Operating Expense	20,000	185,000
Livengood Property [Member] | Patented Lode Claims [Member] | Advance Royalties [Member] | On or Befor Each Anniversary [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Advance Royalties	20,000	20,000
Livengood Property [Member] | Patented Lode Claims [Member] | Advance Royalties [Member] | On or Before Each Subsequent Anniversary [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Advance Royalties	$ 25,000	$ 25,000
Livengood Property [Member] | Patented Lode Claims [Member] | Production Royalty [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Net Smelter Return Base For Payments To Acquire Royalty Interests In Mining Properties	3.00%	3.00%
Royalty Percentage	3.00%	3.00%
Livengood Property [Member] | Unpatented Federal Lode Mining And Federal Unpatented Placer Claims [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Advance Royalties	$ 15,000	$ 15,000
Payments for Royalties	1,000,000
Mining Properties Lease Operating Expense	15,000	128,000
Livengood Property [Member] | Unpatented Federal Lode Mining And Federal Unpatented Placer Claims [Member] | Production Royalty [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Balance Portion Of Payments To Acquire Royalty Interests In Mining Properties Payable By Way Of Net Smelter Return	125,000	125,000
Amount Payable To Lessor On Positive Production Decision	250,000	250,000
Portion Of Amount Payable To Lessor On Positive Production Decision Within Prescribed Period Of Decision	$ 125,000	$ 125,000
Royalty Percentage	2.00%	2.00%
Livengood Property [Member] | Unpatented Federal Lode Mining And Federal Unpatented Placer Claims [Member] | Maximum [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Prescribed Period From Decision On Positive Production For Payment Of First Half Amount Payable To Lessor	120 days

ACCRUED LIABILITIES (Details)

ACCRUED LIABILITIES (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Accrued Liabilities [Line Items]
Accrued liabilities	$ 292,612	$ 41,682
Accrued salaries and benefits	40,091	168,500
Total accrued liabilities	$ 332,703	$ 210,182

ACCRUED LIABILITIES (Details Te

ACCRUED LIABILITIES (Details Textual) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Accrued Liabilities [Line Items]
Accrued General Corporate Cost Current	$ 78,824	$ 13,406
Accrued Project Cost Current	$ 213,788	$ 28,276

DERIVATIVE LIABILITY (Details T

DERIVATIVE LIABILITY (Details Textual)	Jan. 12, 2017USD ($)	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Dec. 12, 2016USD ($)$ / Unit	Dec. 31, 2011USD ($)	Dec. 13, 2011USD ($)
Derivative [Line Items]
Derivative Liability Value On Initial Recognition						$ 23,100,000
Average Gold Price | $ / Unit				1,354.79
Derivative Liability, Fair Value, Gross Liability	$ 14,694,169
Payments for Derivative Instrument, Financing Activities		$ 14,694,169	$ 0
Livengood Property Purchase Obligation [Member]
Derivative [Line Items]
Derivative Liability, Fair Value, Gross Liability				$ 14,694,169
Payments for Derivative Instrument, Financing Activities	$ 14,694,169
Livengood Gold Project, Alaska
Derivative [Line Items]
Aggregate Consideration For The Claims And Rights					$ 13,500,000
Additional Payment		23,148
Average Gold Price For The Determine Additional Payment		720
Additional contingent payment, if the average Gold Price is less than specified price per troy ounce		$ 720

SHARE CAPITAL (Details)

SHARE CAPITAL (Details) - Employee Stock Option [Member] - CAD / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Number of Options
Balance, beginning of the period (in shares)	6,026,200	6,066,200
Exercised (in shares)	0	(40,000)
Balance, end of the period (in shares)	6,026,200	6,026,200
Weighted Average Excercise Price
Balance, beginning of the period (in Canadian dollars per share)	CAD 1.61	CAD 1.60
Exercised (in Canadian dollars per share)	0	0.50
Balance, end of the period (in Canadian dollars per share)	CAD 1.61	CAD 1.61

SHARE CAPITAL (Details 1)

SHARE CAPITAL (Details 1) - CAD / shares	Mar. 31, 2017	Dec. 31, 2016
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of Options (in shares)	6,026,200	6,026,200
Exercisable (in shares)	6,016,200	5,353,465
Exercise Price August 24, 2017
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price (in Canadian dollars per share)	CAD 3.17	CAD 3.17
Number of Options (in shares)	1,675,000	1,675,000
Exercisable (in shares)	1,675,000	1,675,000
Exercise Price March 14, 2018
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price (in Canadian dollars per share)	CAD 2.18	CAD 2.18
Number of Options (in shares)	319,000	319,000
Exercisable (in shares)	319,000	319,000
Exercise Price February 25, 2022 $ 1.11
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price (in Canadian dollars per share)	CAD 1.11	CAD 1.11
Number of Options (in shares)	1,030,000	1,030,000
Exercisable (in shares)	1,030,000	1,030,000
Exercise Price February 25, 2022 $ 0.73
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price (in Canadian dollars per share)	CAD 0.73	CAD 0.73
Number of Options (in shares)	594,000	594,000
Exercisable (in shares)	594,000	594,000
Exercise Price March 10, 2022
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price (in Canadian dollars per share)	CAD 1.11	CAD 1.11
Number of Options (in shares)	430,000	430,000
Exercisable (in shares)	430,000	430,000
Exercise Price March 16, 2023 $ 1.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price (in Canadian dollars per share)	CAD 1	CAD 1
Number of Options (in shares)	1,260,000	1,260,000
Exercisable (in shares)	1,260,000	839,999
Exercise Price March 16, 2023 $ 0.50
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price (in Canadian dollars per share)	CAD 0.5	CAD 0.5
Number of Options (in shares)	688,200	688,200
Exercisable (in shares)	688,200	445,466
Exercise Price June 9, 2023
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price (in Canadian dollars per share)	CAD 1	CAD 1
Number of Options (in shares)	30,000	30,000
Exercisable (in shares)	20,000	20,000

SHARE CAPITAL (Details 2)

SHARE CAPITAL (Details 2)	3 Months Ended
	Mar. 31, 2017CAD / sharesshares
Number of options
Balance, beginning of the year (in shares) | shares	672,735
Vested (in shares) | shares	(662,735)
Balance, end of the year (in shares) | shares	10,000
Weighted average grant-date fair value
Balance, beginning of the year (in Canadian dollars per share) | CAD / shares	CAD 0.25
Vested (in Canadian dollars per share) | CAD / shares	0.25
Balance, end of the year (in Canadian dollars per share) | CAD / shares	CAD 0.24

SHARE CAPITAL (Details 3)

SHARE CAPITAL (Details 3)	12 Months Ended
	Dec. 31, 2015CAD / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life of options	6 years
Risk-free interest rate	0.97%
Annualized volatility	80.60%
Dividend rate	0.00%
Exercise price (C$)	CAD 0.80

SHARE CAPITAL (Details Textual)

SHARE CAPITAL (Details Textual)	3 Months Ended		12 Months Ended
	Mar. 31, 2017USD ($)$ / shares	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)$ / sharesshares	Mar. 31, 2017CADshares
Stockholders Equity [Line Items]
Common Stock, Shares Authorized			500,000,000	500,000,000
Common Stock, Shares, Issued			162,186,972	162,186,972
Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Shares Authorized				10.00%
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options | CAD				CAD 226
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 months 8 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	3 years 9 months 14 days
Share-based Compensation | $	$ 12,959	$ 60,651
Non-Brokered Private Placement [Member]
Stockholders Equity [Line Items]
Stock Issued During Period, Shares, New Issues			45,833,334
Share Price | $ / shares	$ 0.48		$ 0.48
Proceeds from Issuance of Common Stock | $			$ 22,000,000

SEGMENT AND GEOGRAPHIC INFORM36

SEGMENT AND GEOGRAPHIC INFORMATION (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Segment Reporting Information [Line Items]
Capitalized acquisition costs	$ 55,204,041		$ 55,204,041
Property and equipment	23,800		24,800
Current assets	6,795,376		22,672,714
Total assets	62,023,217		77,901,555
Net loss for the year	(1,677,977)	$ (2,487,456)	(4,703,172)
CANADA
Segment Reporting Information [Line Items]
Capitalized acquisition costs	0		0
Property and equipment	8,835		8,944
Current assets	6,353,552		22,289,678
Total assets	6,362,387		22,298,622
Net loss for the year	(429,819)	(389,928)
UNITED STATES
Segment Reporting Information [Line Items]
Capitalized acquisition costs	55,204,041		55,204,041
Property and equipment	14,965		15,856
Current assets	441,824		383,036
Total assets	55,660,830		$ 55,602,933
Net loss for the year	$ (1,248,158)	$ (2,097,528)

COMMITMENTS (Details)

COMMITMENTS (Details)	Mar. 31, 2017USD ($)
Recorded Unconditional Purchase Obligation [Line Items]
2,017	$ 496,603
2,018	541,578
2,019	546,628
2,020	551,754
2,021	556,956
2022 and beyond	562,236
Total	3,255,755
Mineral Property Leases Obligation [Member]
Recorded Unconditional Purchase Obligation [Line Items]
2,017	381,678	[1]
2,018	426,653	[1]
2,019	431,703	[1]
2,020	436,829	[1]
2,021	442,031	[1]
2022 and beyond	447,311	[1]
Total	2,566,205	[1]
Mining Claim Government Fees Obligation [Member]
Recorded Unconditional Purchase Obligation [Line Items]
2,017	114,925
2,018	114,925
2,019	114,925
2,020	114,925
2,021	114,925
2022 and beyond	114,925
Total	$ 689,550
[1]	Does not include required work expenditures, as it is assumed that the required expenditure level is significantly below the level of work that will actually be carried out by the Company. Does not include potential royalties that may be payable (other than annual minimum royalty payments). See Note 4.

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Textual) - $ / shares	1 Months Ended	3 Months Ended	12 Months Ended
	Dec. 31, 2011	Mar. 31, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Common Stock, Shares, Outstanding		162,186,972	162,186,972
Non-Brokered Private Placement [Member]
Related Party Transaction [Line Items]
Stock Issued During Period, Shares, New Issues			45,833,334
Share Price		$ 0.48	$ 0.48
Paulson Co. Inc [Member] | Non-Brokered Private Placement [Member]
Related Party Transaction [Line Items]
Stock Issued During Period, Shares, New Issues			32,429,842
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage			34.20%
Tocqueville Asset Management, L.P [Member] | Non-Brokered Private Placement [Member]
Related Party Transaction [Line Items]
Stock Issued During Period, Shares, New Issues			9,041,554
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage			19.40%
AngloGold Ashanti [Member] | Non-Brokered Private Placement [Member]
Related Party Transaction [Line Items]
Stock Issued During Period, Shares, New Issues			4,361,938
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage			9.50%
AN Gold Mines [Member]
Related Party Transaction [Line Items]
Payment Due To Related Party Percent	70.00%
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage		11.90%
Heflinger Group [Member]
Related Party Transaction [Line Items]
Payment Due To Related Party Percent	30.00%