Desert Hawk Gold (DHGC) 10-Q/A6 Jul 202020 Q1 Quarterly report (amended)Financial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2020	Jun. 24, 2020
Document and Entity Information [Abstract]
Entity Registrant Name	Desert Hawk Gold Corp.
Entity Central Index Key	0001168081
Amendment Flag	true
Amendment Description	On June 26, 2020, Desert Hawk Gold Corp. (the "Company") filed its first quarter report on Form 10-Q after the May 15, 2020 (the "Original Due Date") deadline applicable to it for the filing of a Form 10-Q for the quarter ended March 31, 2020 (the "Quarterly Report") in reliance on the 45-day extension provided by an order issued by the SEC under Section 36 of the Securities Exchange Act of 1934 Modifying Exemptions from the Reporting and Proxy Delivery Requirements for Public Companies dated March 25, 2020 (Release No. 34-88465) (the "Order"). On May 11, 2020, the Company filed a Current Report on Form 8-K to indicate its intention to rely on the Order for such extension. Prior to the filing of the Quarterly Report, the Company's operations and business experienced disruption due to the unprecedented conditions surrounding the COVID-19 pandemic spreading throughout the United States and elsewhere, causing disruptions to the Company's business operations, and management. Due to the closing of many of the hotels and restaurants in the town nearest the Company's mine, it was difficult for management to visit the mine site for purposes of verifying balance sheet items required in the Quarterly Report and to perform other management functions as needed. The temporary closure of the Company's corporate office because of the virus outbreak resulted in relocating temporarily the office facilities to a safer location, which facilities were less equipped for managing the accounting and financial statement preparation and thus delayed management's ability to timely prepare the Quarterly Report. Consistent with its statements made in the Current Report on Form 8-K, the Company was unable to file the Quarterly Report by the Original Due Date, and therefore relied on the Order. The Quarterly Report was filed on June 26, 2020, before the extended due date permitted under the Order, i.e., 45 days after the Original Due Date. In compliance with Item II(d) of the Order, the Company is filing this Amendment No. 1 to its Report to disclose that it relied on the Order and the reasons why the Company could not file the report by the Original Due Date. Except as described above, this Amendment No. 1 does not amend, modify or update the information in the Quarterly Report. Furthermore, this Amendment No. 1 does not change any previously reported financial results nor does it reflect events occurring after the filing of the Quarterly Report filed on June 26, 2020.
Current Fiscal Year End Date	--12-31
Document Type	10-Q/A
Document Period End Date	Mar. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		26,631,603
Entity Filer Number	333-169701
Entity Interactive Data Current	Yes
Entity Incorporation State Country Code	NV

Balance Sheets (Unaudited)

Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
CURRENT ASSETS
Cash	$ 949,867	$ 2,116,432
Inventories (Note 5)	4,597,322	4,333,682
Prepaid expenses and other current assets	54,178	181,030
Total Current Assets	5,601,367	6,631,144
PROPERTY AND EQUIPMENT, net (Note 6)	5,280,026	5,287,515
MINERAL PROPERTIES AND INTERESTS, net (Note 7)	3,795,917	3,729,637
RECLAMATION BONDS (Note 4)	759,726	759,351
TOTAL ASSETS	15,437,036	16,407,647
CURRENT LIABILITIES
Accounts payable and accrued expenses	568,496	436,881
Notes payable - equipment, current portion (Note 11)	788,316	1,302,239
Prepaid forward gold contract liability, current portion (Note 3)	966,394	189,351
Settlement of consulting contract payable (Note 13)	200,000	200,000
Total Current Liabilities	2,523,206	2,128,471
LONG-TERM LIABILITIES
Note payable - equipment (Note 11)	352,749
Asset retirement obligation (Note 12)	975,775	826,637
Prepaid forward gold contract liability (Note 3)	12,633,606	13,410,649
Total long-term liabilities	13,962,130	14,237,286
TOTAL LIABILITIES	16,485,336	16,365,757
COMMITMENTS AND CONTINGENCIES (Note 18)
STOCKHOLDERS' EQUITY (DEFICIT) (Note 14)
Preferred stock, $0.001 par value, 10,000,000 shares authorized; none issued or outstanding
Common stock, $0.001 par value, 100,000,000 shares authorized;	26,633	26,633
Additional paid-in capital	9,466,475	9,466,475
Accumulated deficit	(10,541,408)	(9,451,218)
Total Stockholders' Equity (Deficit)	(1,048,300)	41,890
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 15,437,036	$ 16,407,647

Balance Sheets (Unaudited) (Par

Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Mar. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	26,631,603	26,631,603
Common stock, shares outstanding	26,631,603	26,631,603

Statements of Operations

Statements of Operations - USD ($)	3 Months Ended
Statements of Operations - USD ($)	Mar. 31, 2020	Mar. 31, 2019
REVENUE
Sales of product	$ 1,312,080
EXPENSES
General production and project costs	1,385,521
Depreciation and amortization	292,351	102,472
Other operating costs	176,691	144,219
Exploration expense	304,206	1,050
Legal and professional	74,236	92,521
Officers and directors fees	83,754	71,768
Consulting expense		320,000
General and administrative	60,236	26,609
(Gain) loss on disposition of equipment	(1,965)	51,950
Total Expenses	2,375,030	810,589
OPERATING LOSS	(1,062,950)	(810,589)
OTHER INCOME (EXPENSE)
Interest and other income	375
Interest expense - equipment financing	(27,615)
Interest expense - related parties		(31,412)
Interest expense - other		(129)
Loss on settlement of consulting contract (Note 13)		(900,000)
Loss on settlement of redeemable stock		(63,094)
Financing expense		(28,663)
Total Other Income (Expense)	(27,240)	(1,023,298)
LOSS BEFORE INCOME TAXES	(1,090,190)	(1,833,887)
INCOME TAXES
NET LOSS	$ (1,090,190)	$ (1,833,887)
BASIC AND DILUTED NET LOSS PER SHARE	$ (0.04)	$ (0.08)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC AND DILUTED	26,631,603	22,414,936

Statements of Stockholders' Equ

Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Total
Balance at Dec. 31, 2018	$ 20,753	$ 7,120,355	$ (5,674,925)	$ 1,466,183
Balance, Shares at Dec. 31, 2018	20,881,603
Common stock issued in connection with acquiring mineral proprerties and interests (Note 7)	$ 5,500	2,194,500		2,200,000
Common stock issued in connection with acquiring mineral proprerties and interests (Note 7), shares	5,500,000
Common stock issued in connection with settlement of consulting contract (Note 13)	$ 250	99,750		100,000
Common stock issued in connection with settlement of consulting contract (Note 13), shares	250,000
Common stock released in settlement of redeemable stock	$ 130	51,870		52,000
Net loss			(1,833,887)	(1,833,887)
Balance at Mar. 31, 2019	$ 26,633	9,466,475	(7,508,812)	1,984,296
Balance, Shares at Mar. 31, 2019	26,631,603
Balance at Dec. 31, 2019	$ 26,633	9,466,475	(9,451,218)	41,890
Balance, Shares at Dec. 31, 2019	26,631,603
Net loss			(1,090,190)	(1,090,190)
Balance at Mar. 31, 2020	$ 26,633	$ 9,466,475	$ (10,541,408)	$ (1,048,300)
Balance, Shares at Mar. 31, 2020	26,631,603

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
Statements of Cash Flows (Unaudited) - USD ($)	Mar. 31, 2020	Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (1,090,190)	$ (1,833,887)
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation and amortization	292,351	102,472
Accretion of asset retirement obligation	23,775	18,673
Gain on settlement of asset retirement obligation		(20,451)
Loss on disposal of equipment, net	(1,965)	51,950
Common stock issued for consulting contract settlement		100,000
Common stock issued for settlement of redeemable stock		52,000
Changes in operating assets and liabilities:
Inventories	(263,640)	24,405
Prepaid expenses and other current assets	126,852	(173,100)
Accounts payable and accrued expenses	131,615	(588,859)
Accrued liabilities - officer wages		(922,039)
Interest payable - related parties		(463,993)
Settlement of consulting contract payable		200,000
Net cash used by operating activities	(781,202)	(3,452,829)
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to property and equipment	(223,814)	(177,746)
Additions to mineral properties and interests		(900,000)
Increase in reclamation bonds	(375)
Net cash used by investing activities	(224,189)	(1,077,746)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from note payable - related parties		91,680
Proceeds from forward gold contract liability, net		10,600,000
Payment of obligation under capital lease - related party		(69,562)
Payment of notes payable - equipment	(161,174)	(324,111)
Payment of short term note payable - related parties		(340,680)
Payment of convertible debt - related parties		(1,350,000)
Net cash provided (used) by financing activities	(161,174)	8,607,327
NET INCREASE (DECREASE) IN CASH	(1,166,565)	4,076,752
CASH, BEGINNING OF PERIOD	2,116,432	8,716
CASH, END OF PERIOD	949,867	4,085,468
NON-CASH FINANCING AND INVESTING ACTIVITIES:
Common stock issued for mineral properties and interests		2,200,000
Equipment acquired with notes payable - equipment		$ 217,772

Organization and Description of

Organization and Description of Business	3 Months Ended
Organization and Description of Business	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS Desert Hawk Gold Corp. (the “Company”), a Nevada Corporation, was incorporated on November 5, 1957. The Company commenced its current mining activities on May 1, 2009. During the year ended December 31, 2009, the Company entered into Joint Venture Agreements with the Clifton Mining Company (“Clifton”), the Woodman Mining Company and the Moeller Family Trust for the lease of certain of their property interests in the Gold Hill Mining District of Utah. In 2011, the Company entered into an agreement with DMRJ Group, (a Platinum Partners related entity), which allowed for long term funding of the Kiewit project and helped to provide cash flow for operations during the period from 2009 until 2014 while the permitting process was ongoing. The final permit needed to begin development of the Kiewit property was received in January 2014 and development began in February 2014. Construction at the site was substantially complete at September 30, 2014. Revenue from the heap leach operation began in October 2014 with the first sales of gold concentrate. Production commenced and revenues of approximately $11,000,000 from sales of gold and other metals concentrate have been received through March 31, 2020. Prior to March 2019, ongoing undercapitalization continued to hamper the Company’s ability to operate. Due to lack of funding, the Company was temporarily shut down beginning third quarter of 2017. On March 7, 2019, the Company successfully finalized a prepaid forward gold contract liability agreement (the Pre-Paid Forward Gold Purchase Agreement (the “Purchase Agreement”)) that provided funding and enabled production to resume later in 2019. See Note 3.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
Summary of Significant Accounting Policies	Mar. 31, 2020
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES In the opinion of management, the accompanying unaudited interim balance sheets and statements of operations, cash flows and stockholders’ equity contain all adjustments, consisting of normal recurring items, necessary to present fairly, in all material respects, the financial position of the Company as of March 31, 2020, and the results of its operations and its cash flows for the three months ended March 31, 2020 and 2019. The operating and financial results for the Company for the three months ended March 31, 2020 are not necessarily indicative of the results that may be expected for the year ended December 31, 2020. These unaudited interim financial statements have been prepared by management in accordance with generally accepted accounting principles used in the United States of America (“U.S. GAAP”) and are presented in U.S. dollars. These unaudited interim financial statements do not include all note disclosures required by U.S. GAAP on an annual basis, and therefore should be read in conjunction with the annual audited financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 filed with the Securities and Exchange Commission on March 30, 2020. This summary of significant accounting policies of the Company is presented to assist in understanding the Company’s financial statements. The financial statements and notes are representations of the Company’s management, which is responsible for their integrity and objectivity. These accounting policies conform to U.S. GAAP and have been consistently applied in the preparation of the financial statements. Accounting Method The Company’s financial statements are prepared using the accrual basis of accounting in accordance with U.S. GAAP. Accounting for Stock Options and Stock Awards Granted to Employees and Nonemployees All transactions in which goods or services are received for the issuance of shares of the Company’s common stock or options to purchase shares of common stock are accounted for based on the fair value of the equity interest issued. For stock options, the Company estimates the fair value of stock-based compensation using the Black-Scholes model, which requires the input of some subjective assumptions. These assumptions include estimating the length of time employees will retain their vested stock options before exercising them (“expected life”), the estimated volatility of the Company’s common stock price over the expected term (“volatility”), the risk-free interest rate and the dividend yield. Changes in the subjective assumptions can materially affect the estimate of the fair value of stock-based compensation. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Significant estimates used in preparing these financial statements include those assumed in estimating the number of gold ounces in and costing of inventories, the recoverability of the cost of mining claims, asset retirement obligation, stock-based compensation, determination of the fair value of common stock issued, deferred tax assets and related valuation allowances. Actual results could differ from those estimates. Reclassifications Certain reclassifications have been made to conform prior periods’ amounts to the current presentation. These reclassifications have no effect on the results of operations, stockholders’ equity, and cash flows previously reported. Inventories The recovery of gold from certain oxide ores is achieved through the heap leaching process. Under this method, mineralized material is placed on a leach pad where it is treated with a chemical solution, which dissolves the gold contained in the material. The resulting “pregnant” solution is further processed in a plant where gold is recovered. The Company records ore on leach pad, solution in carbon columns in process and gold concentrate, at average production cost per gold ounce, less provisions required to reduce inventory to net realizable value. Production costs include the cost of mineralized material processed; direct and indirect materials and consumables; direct labor; repairs and maintenance; utilities; amortization of property, equipment, and mineral properties; and mine administrative expenses. Costs are removed from ore on leach pads as ounces are recovered, based on the average cost per recoverable ounce of gold on the leach pad. Estimates of recoverable gold on the leach pad are calculated from the quantities of material placed on the leach pad (measured tons added to the leach pad), the grade of material placed on the leach pad (based on assay data) and an estimated recovery percentage (based on ore type). The nature of the leaching process inherently limits the ability to precisely monitor inventory levels. As a result, actual gold ounces recovered are regularly monitored and estimates are refined based on actual results over time. As of March 31, 2020, the Company had a limited operating history and actual results only over a short period of time. Due to this, estimates of recoverable gold are based primarily on initial tests with only limited refinements. Variations between actual and estimated quantities resulting from changes in assumptions and estimates that do not result in write-downs to net realizable value are accounted for on a prospective basis. The ultimate recovery of gold from a leach pad will not be known until the leaching process is concluded. The quantification of material inventory on the leach pad is based on estimates of the quantities of gold at each balance sheet date that the Company expects to recover during the next 12 to 18 months. See Note 5. Revenue Recognition Sales of gold concentrate sold directly to customers are recorded as revenues and receivables upon completion of the performance obligations and transfer of control of the product to the customer. For concentrate sales, the performance obligation is met, the transaction price can be reasonably estimated, and revenue is recognized generally at the time of shipment at estimated forward prices for the anticipated month of settlement. Due to the time elapsed from shipment to the customer and the final settlement with the customer, prices at which sales of the Company’s concentrates will be settled are estimated. Previously recorded sales and accounts receivable are adjusted to the estimated settlement metals prices until final settlement by the customer. Sales and accounts receivable for concentrate shipments are recorded net of charges by the customer for treatment, refining, smelting losses, and other charges negotiated with the customers. Charges are estimated upon shipment of concentrates based on contractual terms, and actual charges typically do not vary materially from estimates. See Note 16. Loss Per Share Basic earnings per share includes no dilution and is computed by dividing net loss available to common shareholders by the weighted average common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of the Company. For the three months ended March 31, 2020 and 2019, common stock equivalents of 2,400,000 associated with the Company’s outstanding stock options were excluded from the calculation of diluted earnings per share because they were anti-dilutive due to the net loss for the periods then ended. Going Concern As shown in the accompanying financial statements, the Company had an accumulated deficit of $10,541,408 through March 31, 2020 and net loss of $1,090,190 for the three month period ended March 31, 2020 which raises doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event the Company cannot continue in existence. Although production has restarted in 2019, it has not yet reached optimum levels. The timing and amount of capital requirements will depend on a number of factors, including demand for products, metals market pricing, and the availability of opportunities for expansion through affiliations and other business relationships. Although management has procured funding through a forward sales agreement (Note 3) they intend to continue to seek new capital from equity securities issuances to provide funds needed to increase liquidity, fund internal growth, and fully implement its business plan. The Company’s management believes that is has sufficient funds to meet its obligations and continue production over the next twelve months. New Accounting Pronouncements Accounting Standards Updates Adopted In August 2018, the FASB issued ASU No. 2018-13 Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement. The update removes, modifies and makes additions to the disclosure requirements on fair value measurements. The update was adopted as of January 1, 2020, and its adoption did not have a material impact on the Company’s financial statements. Accounting Standards Updates to Become Effective in Future Periods In December 2019, the FASB issued ASU No. 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The update contains a number of provisions intended to simplify the accounting for income taxes. The update is effective for fiscal years beginning after December 15, 2020, with early adoption permitted. Management is evaluating the impact of this update on the Company’s financial statements. Other accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the financial statements upon adoption.

Prepaid Forward Gold Contract L

Prepaid Forward Gold Contract Liability	3 Months Ended
Prepaid Forward Gold Contract Liability	Mar. 31, 2020
Forward Gold Sales Contract Liability [Abstract]
PREPAID FORWARD GOLD CONTRACT LIABILITY	NOTE 3 – PREPAID FORWARD GOLD CONTRACT LIABILITY During the first quarter of 2019, the Company entered into and closed a Pre-Paid Forward Gold Purchase Agreement (the “Purchase Agreement”) with PDK Utah Holdings L.P. (“PDK”) for the sale and purchase by PDK of gold produced from the Company’s mining property. Under the terms of the original Purchase Agreement, PDK initially agreed to purchase a total of 73,910 ounces of gold from the Company. The Company agreed to deliver ounces of gold produced from the Kiewit property to PDK. The Company would receive proceeds from PDK at the then current spot price less a discount specified in the Purchase Agreement. Prepayment was to be made in three tranches, with the initial tranche in the amount of $11,200,000 having been made upon execution of the Purchase Agreement on March 7, 2019 (the “Initial Funding”), $4,500,000 for Tranche 2 to occur at least six months following the Initial Funding date, and $5,500,000 for Tranche 3 to occur at least 10 months following the Initial Funding date, provided that all conditions precedent for funding Tranches 2 and 3 are met. From the Initial Funding, the Company paid an upfront fee of $600,000 to PDK for expenses incurred in connection with the transaction. The first gold delivery of 655 ounces is due December 2020. The Purchase Agreement contains a participation payment whereby PDK receives a portion of the proceeds from gold sold by the Company to a third party. The amount of proceeds due to PDK is based upon a percentage of proceeds over a set gold price per ounce. In addition, PDK may reduce the required number of ounces to be sold in exchange for common shares of the Company. As security for the obligations of the Company under the Purchase Agreement, the Company has granted PDK a security interest in all of the assets of the Company and has issued and recorded a Leasehold Deed of Trust, Assignment of Leases, Rents, As Extracted Collateral and Contracts, Security Agreement and Fixture Filing. The Purchase Agreement contains representations and warranties, as well as affirmative and negative covenants customary to a transaction of this nature. On October 31, 2019, the Company and PDK amended the Purchase Agreement and entered into the Amended Pre-Paid Forward Agreement (the “Amended Agreement”) to adjust the second and third tranches paid to the Company, to reduce the total number of ounces of gold subject to the Purchase Agreement, and to revise other provisions therein. The second tranche was reduced from $4,500,000 to $1,600,000, and the third tranche was reduced from $5,500,000 to $1,400,000. The second tranche was received on October 31, 2019 upon execution of the Amended Agreement and the third tranche was received on December 27, 2019, with funds to be dedicated in accordance with the revised budget furnished with the Amended Agreement. The amendment also reduced the total number of ounces of gold to be delivered under the agreement from 73,910 to 47,045. The prepayment has been accounted for as deferred revenue and is presented as a prepaid forward gold contract liability on the balance sheet at March 31, 2020 and December 31, 2019 with a total balance of $13,600,000 which is the $14,200,000 received from PDK in Tranches 1-3, less the $600,000 upfront fee paid by the Company in 2019. Under the terms of the Amended Agreement, the Company is obligated to deliver gold in the following quantities: Months Gold Ounces Total Gold Ounces December 2020 655 655 January 2021 to March 2021 896 2,688 April 2021 to March 2022 911 10,932 April 2022 to March 2023 1,396 16,752 April 2023 to December 2023 1,753 15,777 January 2024 241 241 47,045 The Amended Agreement also altered the total amount that PDK may reduce the number of ounces of gold to be delivered under the Amended Agreement in exchange for common shares of the Company. Under the Amended Agreement, PDK may reduce the required number of ounces by up to 8,000 ounces in exchange for common shares of the Company.

Reclamation Bonds

Reclamation Bonds	3 Months Ended
Reclamation Bonds	Mar. 31, 2020
Reclamation Bonds [Abstract]
RECLAMATION BONDS	NOTE 4 – RECLAMATION BONDS At March 31, 2020 and December 31, 2019, the Company has a surety bond of $674,000 in an escrow account with the bonding company for reclamation of its property. This escrowed amount is held at Bank of New York, Mellon for the Company’s benefit. It may not be released to the Company without the prior consent of the surety bondholder. The escrowed amount does not earn interest. In March 2019, as part of the Amended Lease (Note 7), the Company returned the Cactus Mill property and the reclamation bond of $42,802 on that property to Clifton Mining Company. Total reclamation bonds posted at March 31, 2020 and December 31, 2019 are $759,726 and $759,351, respectively, which consists of the above escrowed amount along with certificate of deposits held with the state of Utah for the remaining bonds on the property, including exploration bonds.

Inventories

Inventories	3 Months Ended
Inventories	Mar. 31, 2020
Inventory Disclosure [Abstract]
INVENTORIES	NOTE 5 – INVENTORIES Inventories at March 31, 2020 and December 31, 2019 consists of the following: March 31, December 31, Ore on leach pad $ 4,214,223 $ 3,903,297 Carbon column in process 362,439 235,762 Finished goods 20,660 194,623 Total $ 4,597,322 $ 4,333,682 Inventories at March 31, 2020 were valued at cost. Inventories at December 31, 2019 were valued at net realizable value because production costs were greater than the amount the Company expects to receive on the sale of the estimated gold ounces contained in inventories at both period-end dates.

Property and Equipment

Property and Equipment	3 Months Ended
Property and Equipment	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 6 - PROPERTY AND EQUIPMENT The following is a summary of property and equipment at March 31, 2020 and December 31, 2019: March 31, December 31, 2020 2019 Equipment $ 5,501,210 $ 5,336,011 Furniture and fixtures 6,981 6,981 Electronic and computer equipment 50,587 50,587 Vehicles 304,302 256,815 Land improvements 44,840 44,840 5,907,920 5,695,234 Less accumulated depreciation (2,446,873 ) (2,254,961 ) 3,461,047 3,440,273 Kiewit property facilities 2,497,436 2,497,436 Less accumulated amortization (678,457 ) (650,194 ) 1,818,979 1,847,242 Total $ 5,280,026 $ 5,287,515 For the Kiewit property facilities amortization expense, which is based on units of production, of $28,263 was recognized in the quarter ended March 31, 2020. There was no amortization in the quarter ended March 31, 2019 due to the lack of production that quarter.

Mineral Properties and Interest

Mineral Properties and Interests	3 Months Ended
Mineral Properties and Interests	Mar. 31, 2020
Mineral Industries Disclosures [Abstract]
MINERAL PROPERTIES AND INTERESTS	NOTE 7 – MINERAL PROPERTIES AND INTERESTS Mineral properties and interests as of March 31, 2020 and December 31, 2019 are as follows: March 31, December 31, Kiewit and all other sites $ 3,700,000 $ 3,700,000 JJS property 250,000 250,000 3,950,000 3,950,000 Less accumulated amortization (528,653 ) (475,401 ) 3,421,347 3,474,599 Asset retirement obligation Kiewit Site 529,289 452,193 Kiewit Exploration 28,377 11,126 JJS property 31,016 - Total 588,682 463,319 Less accumulated amortization (214,112 ) (208,281 ) 374,570 255,038 Total $ 3,795,917 $ 3,729,637 On June 13, 2019, the Company entered into an agreement whereby the Company acquired 20 claims adjacent to the Kiewit property from Ben Julian, LLC for $250,000, known as the JJS Property. Although drilling has commenced on this property, permitting has not been completed and production has not yet begun. In 2009, the Company entered into a Joint Venture Agreement with the Clifton Mining Company (“Clifton”) and the Woodman Mining Company for the lease of their property interests in the Gold Hill Mining District of Utah. In March 2019, the Company and Clifton entered into a Second Amended and Restated Lease Agreement (the “Amended Lease”). Under the terms of this Amended Lease, the Company relinquished its leasehold interest in all but 10 of the patented mining claims, for which it retained only the surface rights, and 66 of the unpatented lode mining claims previously held by the Company. The Cactus Mill property was returned to Clifton Mining Company as part of this agreement. As consideration for entering into the Amended Lease, the Company issued 5,500,000 shares of its common stock with a fair value of $2,200,000 which increased the carrying value of the mineral properties and interests. In addition, the Company and Clifton entered into a Registration Rights Agreement to register for resale the shares issued to Clifton which requires the Company to register the shares within 18 months (which is September 7, 2020) following the initial funding received under the Purchase Agreement (Note 3). In the event the Company does not register the shares within the 18-month period, the Company is obligated to pay Clifton a royalty equal to 2.5% of the net smelter returns from the minerals generated from the Company’s mining claims. The registration of these shares was filed and became effective on April 14, 2020. Under the terms of the initial 2009 Joint Venture Agreement, the Company was required to pay a 4% net smelter royalty (“NSR”) on base metals in all other areas except for production from the Kiewit gold property and a NSR on gold and silver, except for production from the Kiewit gold property, based on a sliding scale of between 2% and 15% based on the price of gold or silver, as applicable. The Company was also required to pay Clifton a 6% NSR on any production from the Kiewit gold property. As part of the Purchase Agreement (Note 3) finalized in March 2019, these NSRs were bought out by the Company from Clifton and two other minority royalty holders at a cost of $900,000 which increased the carrying value of the mineral properties and interests. The buyer of the Purchase Agreement (Note 3), PDK, acquired a 4% NSR, previously held by Clifton, on the Kiewit property for $2,200,000. PDK remitted the funds for the NSR directly to Clifton. PDK will receive a 4% net NSR on proceeds from the sale of gold and silver from the Kiewit and JJS properties. During the quarter ended March 31, 2020, the Company revised its estimate of gold ounces to be produced from its mineral properties and interests. The updated estimate considered actual gold ounce recoveries since production began and indicated and inferred resources as the Company has no proven and probable reserves. The new estimate resulted in increased gold ounces at January 1, 2020 from 39,480 gold ounces to 98,066 gold ounces. Amortization of the mineral properties and interests based on total units of production was $53,253 for the quarter ended March 31, 2020. Amortization for the quarter ended March 31, 2020 was based on the updated estimate. There was no amortization in the quarter ended March 31, 2019 due to lack of production that quarter.

Short-Term Notes Payable - Rela

Short-Term Notes Payable - Related Parties	3 Months Ended
Short-Term Notes Payable - Related Parties	Mar. 31, 2020
Short Term Notes Payable - Related Parties [Abstract]
SHORT-TERM NOTES PAYABLE - RELATED PARTIES	NOTE 8 – SHORT-TERM NOTES PAYABLE – RELATED PARTIES During 2018 and the first quarter of 2019, the Company entered into several short-term notes payable with the convertible debt holders (Note 9) and with the Company’s president. Total borrowed was $91,680 during the first quarter 2019 and $249,000 during the year ended December 31, 2018. The notes bore interest at 10%, had a 2% loan initiation fee, and were due in full on March 31, 2019. Interest expense recognized on these loans was nil and $5,820 for the three months ended March 31, 2020 and March 31, 2019, respectively. These short-term notes were repaid in full, including 10% interest and a 2% loan initiation fee, in March 2019 as part of the terms of the Purchase Agreement.

Convertible Debt - Related Part

Convertible Debt - Related Parties	3 Months Ended
Convertible Debt - Related Parties	Mar. 31, 2020
Debt Disclosure [Abstract]
CONVERTIBLE DEBT - RELATED PARTIES	NOTE 9 – CONVERTIBLE DEBT – RELATED PARTIES At December 31, 2018, the Company had outstanding convertible promissory notes to two of its minority shareholders, for a total of $1,350,000 plus accrued interest of $456,750. All of these notes were paid in full, including accrued interest, on March 7, 2019 with funds received under the Purchase Agreement. Interest expense recognized on these loans was $24,412 for the three months ended March 31, 2019.

Obligation Under Capital Lease

Obligation Under Capital Lease - Related Party	3 Months Ended
Obligation Under Capital Lease - Related Party	Mar. 31, 2020
Leases [Abstract]
OBLIGATION UNDER CAPITAL LEASE - RELATED PARTY	NOTE 10 – OBLIGATION UNDER CAPITAL LEASE — RELATED PARTY A capital lease was entered into on June 20, 2016 with RMH Overhead, LLC for mining and crushing equipment valued at $185,618, some of which had been previously owned by the Company. RMH Overhead, LLC is an entity owned by the Company’s president, Rick Havenstrite. Lease payments were paid in full, including accrued interest and late fees, in March 2019 with funds received under the Purchase Agreement. The equipment is being amortized over the estimated useful life of the equipment. Accumulated amortization at December 31, 2018 was $66,292. The Company now owns the equipment which is included in property and equipment on the balance sheet. Interest expense recognized on this obligation under capital lease was $1,968 for the quarter ended March 31, 2019.

Notes Payable - Equipment

Notes Payable - Equipment	3 Months Ended
Notes Payable - Equipment	Mar. 31, 2020
Notes Payable - Equipment [Abstract]
NOTES PAYABLE - EQUIPMENT	NOTE 11 – NOTES PAYABLE – EQUIPMENT The following is a summary of the equipment notes payable: March 31, 2020 December 31, Note payable to Epiroc, collateralized by a used Epiroc drill, due in 6 monthly installments of $22,235, beginning October 2019, the balloon amount of $488,317 was refinanced in April 2020, with a new loan in that amount, due in 36 monthly payments of $14,679 including interest at 5.2%. $ 507,332 $ 563,368 Note payable to Wheeler Machinery, collateralized by a used CAT 740 Haul truck, originally due in 11 monthly installments of $14,475, beginning May 2019, including interest at 8%, with a balloon payment due in April 2020 of $168,873. This agreement has been extended, with original terms, for an indefinite term. 167,616 206,682 Note payable to Wheeler Machinery, collateralized by a used D8T dozer, due in 11 monthly payments of $19,125, beginning August 2019, including interest at 10%, with a balloon payment due in July 2020 of $350,281. 395,276 441,989 Note payable to Komatsu Equipment, collateralized by a used PC490 Excavator, due in 11 monthly payments of $10,320, beginning July 2019, including interest at 9%, with a balloon payment due in March 2020 of $71,372. This was refinanced by Komatsu in May 2020 with 1 payment of $28,823 and 12 monthly payments of $1,903 including interest at 4.6%. 70,841 90,200 1,141,065 1,302,239 Current portion (788,316 ) (1,302,239 ) Long term portion $ 352,749 $ - Principal payments due are as follows for the twelve months ended: March 31, 2021 $ 788,316 March 31, 2022 167,593 March 31, 2023 170,541 March 31, 2024 14,615 $ 1,141,065

Asset Retirement Obligation

Asset Retirement Obligation	3 Months Ended
Asset Retirement Obligation	Mar. 31, 2020
Asset Retirement Obligation Disclosure [Abstract]
ASSET RETIREMENT OBLIGATION	NOTE 12 –ASSET RETIREMENT OBLIGATION Changes in the asset retirement obligation for the three-month periods ended March 31, 2020 and 2019 are as follows: March 31, March 31, Asset retirement obligation, beginning of period $ 826,637 $ 792,747 Reduction in liability due to transfer of Cactus Mill property - (40,802 ) Obligation incurred: Keiwit properties 94,347 - JJS property 31,016 - Accretion expense 23,775 18,673 Asset retirement obligation, end of period $ 975,775 $ 770,618 During the year ended December 31, 2019, the Cactus Mill property was returned to Clifton as part of the terms of the Amended Lease (Note 7). The net asset retirement cost of $17,120 and obligation of $40,802 relating to the Cactus Mill property were eliminated resulting in a gain on settlement of asset retirement obligation of $20,451 recognized in general and administrative expense in the statement of operations. In the first quarter of 2020, the Company updated the asset retirement obligation to reflect a plan for reclamation and closure of the mine at the end of its life which resulted in an increase of estimated undiscounted costs of $198,365. The asset retirement asset and obligation increased by $125,363 as a result of a change in the estimated timing of costs and the impact of discounting the costs to present value. The estimated reclamation costs were discounted using credit adjusted, risk-free interest rate of 10% from the time we incurred the obligation to the time we expect to pay the retirement obligation.

Settlement of Consulting Contra

Settlement of Consulting Contract	3 Months Ended
Settlement of Consulting Contract	Mar. 31, 2020
Investments, All Other Investments [Abstract]
SETTLEMENT OF CONSULTING CONTRACT	NOTE 13 – SETTLEMENT OF CONSULTING CONTRACT On March 29, 2018, the Company entered into a five-year Agency Agreement (the “Agency Agreement”) with H&H Metals Corp., a New York corporation (“H&H”). Under the terms of the Agency Agreement, H&H agreed to provide certain advisory services in regard to natural resources activities and to assist in securing purchasers for minerals produced from its mining properties. On January 16, 2019, the Company negotiated a termination of the Agency Agreement (the “Termination Agreement”) with H&H. Under the terms of the Termination Agreement, the Company paid H&H $600,000 in cash and agreed to pay an additional $200,000 within 18 months. The Company also issued 250,000 shares of its common stock with a fair value of $100,000 to H&H. In addition, Phillip H. Holme, a principal of H&H, became a director of the Company. In April 2020, Mr. Holme passed away unexpectedly. No decision has been made at this time about a replacement to fill the vacancy on the Board of Director caused by Mr. Holme’s death. The Company recognized a loss on settlement of consulting contract of $900,000 during the quarter ended March 31, 2019. The balance of $200,000 is due in July 2020 under the terms of the settlement agreement.

Capital Stock

Capital Stock	3 Months Ended
Capital Stock	Mar. 31, 2020
Equity [Abstract]
CAPITAL STOCK	NOTE 14 - CAPITAL STOCK Common Stock The Company is authorized to issue 100,000,000 shares of common stock. All shares have equal voting rights and have one vote per share. Voting rights are not cumulative and, therefore, the holders of more than 50% of the common stock could, if they choose to do so, elect all of the directors of the Company. 2020 Activity During the quarter ended March 31, 2020, the Company had no transactions relating to common stock. 2019 Activity During the quarter ended March 31, 2019, the Company had the following transactions relating to common stock. All shares issued were valued at $0.40 per share based on the most recent sale of common stock for cash: ● Issued 5,500,000 shares of common stock to Clifton in connection with the Amended Lease (Note 7). The fair value of these shares was $2,200,000. ● Issued 250,000 shares of common stock to H&H in connection with settlement of a consulting contract (Note 13). The fair value of these shares was $100,000. ● In connection with the settlement of stock redeemable with gold proceeds issued in 2012, the Company allowed investors to retain 130,000 shares of common stock that had been issued in connection with a financing in 2012. The fair value of these shares was $52,000. Preferred Stock The Company's Articles of Incorporation authorized 10,000,000 shares of $0.001 par value Preferred Stock available for issuance with such rights and preferences, including liquidation, dividend, conversion, and voting rights, as the Board of Directors may determine.

Related Party Transactions

Related Party Transactions	3 Months Ended
Related Party Transactions	Mar. 31, 2020
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 15 – RELATED PARTY TRANSACTIONS In addition to transactions disclosed in Notes 8, 9, 10 and 13, the Company had the following related party transactions. The Company has a month to month lease agreement for its office space with RMH Overhead, LLC, a company owned by Rick Havenstrite, the Company’s President and a director. The Company recognized rent expense of $3,500 and $3,000 for the three months ended March 31, 2020 and 2019, respectively, under this lease. The Company compensates directors for their contributions to the management of the Company, with one director receiving $6,000 per month and other directors receiving $5,000 per quarter. At March 31, 2020 and December 31, 2019, there was no accrual due to directors.

Revenue Recognition

Revenue Recognition	3 Months Ended
Revenue Recognition	Mar. 31, 2020
Revenue Recognition and Deferred Revenue [Abstract]
REVENUE RECOGNITION	NOTE 16 – REVENUE RECOGNITION Product sales for the quarters ended March 31, 2020 and 2019 are shown below. Production had not yet resumed at March 31, 2019. At March 31, 2020 and December 31, 2019, the Company did not have a gold sales receivable balance. All revenue for the quarters ended March 31, 2020 and March 31, 2019 was from sales to Asahi Refining USA, Inc. March 31, 2020 2019 Gold $ 1,594,913 $ - Silver 15,589 - Total product sales 1,610,502 - Less: Royalties (69,962 ) - Upside participation payments (173,989 ) - Outside processing charges (54,471 ) - Sales of product $ 1,312,080 $ - Royalties payable at March 31, 2020 and December 31, 2019 were $69,709 and nil, respectively. Upside participation payable at March 31, 2020 and December 31, 2019 was $48,172 and nil, respectively. Upside participation payable represents a payment whereby PDK receives a portion of the proceeds of gold sold by the Company to a third party, based on a percentage of proceeds over a set gold price. See Note 3.

Stock Options

Stock Options	3 Months Ended
Stock Options	Mar. 31, 2020
Share-based Payment Arrangement [Abstract]
STOCK OPTIONS	NOTE 17 – STOCK OPTIONS The Company has reserved 2,400,000 shares under its 2018 Stock Incentive Plan (the “Plan”). The Plan was adopted by the board of directors on March 28, 2018, retroactive to February 23, 2018, as a vehicle for the recruitment and retention of qualified employees, officers, directors, consultants, and other service providers. The Plan is administered by the Board of Directors. The Company may issue, to eligible persons, restricted common stock, incentive and non-statutory options, stock appreciation rights and restricted stock units. The terms and conditions of awards under the Plan will be determined by the Board of Directors. Outstanding options at March 31, 2020 were 2,400,000, have a remaining life of 2.9 years, and had no intrinsic value. No options were granted, expired, or were exercised during the quarters ended March 31, 2020 and 2019.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 18 – COMMITMENTS AND CONTINGENCIES In addition to commitments disclosed in Notes 3 and 7, the Company had the following commitments and contingencies. Employment Agreements The Company has an employment agreement with Mr. Havenstrite as President of the Company, which is ongoing. The agreement, as amended, requires Mr. Havenstrite to meet certain time requirements and limits the number of other board member obligations in which he can participate. The agreement allows for a base annual salary of $144,000 plus certain performance compensation upon fulfillment of established goals. The agreement allows the board of directors to terminate Mr. Havenstrite’s employment at any time, providing for a severance payment upon termination without cause. At March 31, 2020 and December 31, 2019 accrued compensation of nil was due to officers of the Company. Finder’s Agreement On May 11, 2018, the Company entered into an agreement with Mount Royal Consultants (Mount Royal) to assist in finding prospective investors. Mount Royal would receive a finder’s fee of 7% for a connection with a company that resulted in a qualified investment consisting of equity securities or a fee of 3% for a connection with a company that resulted in a purchase of debt securities. On March 7, 2019, the Company closed a Purchase Agreement (Note 3) to a buyer for the purchase of gold produced from the Company's mining property. This agreement was deemed to be subject to the finder’s fee and resulted in a payment to Mount Royal of $318,000, 3% of the $10,600,000 beneficially received by the Company in accordance with the terms of the Purchase Agreement. On November 1, 2019, an additional payment of 3% of the Tranche 2 payment received by the Company resulted in a payment of $48,000 to Mount Royal and a third payment of $42,000 was issued after receipt of the Tranche 3 payment on December 27, 2019. Future amounts to be received from investors could also be subject to this agreement. During the quarter ended March 31, 2020, the Company recognized no consulting expense relating to this agreement. Mining Leases Annual claims fees are currently $155 per claim plus administrative and school trust land fees. Total paid for claims fees in 2019 was $14,794. Claims fees are due in August for the year beginning in September of that year.

Subsequent Events

Subsequent Events	3 Months Ended
Subsequent Events	Mar. 31, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 19 – SUBSEQUENT EVENTS On April 30, 2020, a director for the Company, Mr. Holme passed away unexpectedly. No decision has been made at this time about a replacement to fill the vacancy on the Board of Director caused by Mr. Holme's death. COVID -19 The Company's operations and business have experienced disruption due to the unprecedented conditions surrounding the COVID-19 pandemic spreading throughout the United States and elsewhere, causing disruptions to the Company's business operations and management. These disruptions are most evident in our ability to retain and house employees while maintaining proper social distancing and with delays in obtaining materials and supplies. There has also been a reduction in the availability of equipment financing. In April 2020, the Company received a loan of $463,497 pursuant to the Paycheck Protection Program (the "PPP") under Division A, Title I of the CARES Act, which was enacted March 27, 2020. The loan, which was in the form of a Note dated April 16, 2020 issued by the Company, matures on April 9, 2025 and bears interest at a rate of 1% per annum, payable monthly commencing on August 15, 2021. The Note may be prepaid by the Company at any time prior to maturity with no prepayment penalties. Under the terms of the PPP, certain amounts of the loan may be forgiven if they are used for qualifying expenses as described in the CARES Act. Qualifying expenses include payroll costs, costs used to continue group health care benefits, mortgage payments, rent, and utilities. The Company intends to use the entire loan amount for qualifying expenses.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
Summary of Significant Accounting Policies (Policies)	Mar. 31, 2020
Accounting Policies [Abstract]
Accounting Method	Accounting Method The Company’s financial statements are prepared using the accrual basis of accounting in accordance with U.S. GAAP.
Accounting for Stock Options and Stock Awards Granted to Employees and Nonemployees	Accounting for Stock Options and Stock Awards Granted to Employees and Nonemployees All transactions in which goods or services are received for the issuance of shares of the Company’s common stock or options to purchase shares of common stock are accounted for based on the fair value of the equity interest issued. For stock options, the Company estimates the fair value of stock-based compensation using the Black-Scholes model, which requires the input of some subjective assumptions. These assumptions include estimating the length of time employees will retain their vested stock options before exercising them (“expected life”), the estimated volatility of the Company’s common stock price over the expected term (“volatility”), the risk-free interest rate and the dividend yield. Changes in the subjective assumptions can materially affect the estimate of the fair value of stock-based compensation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Significant estimates used in preparing these financial statements include those assumed in estimating the number of gold ounces in and costing of inventories, the recoverability of the cost of mining claims, asset retirement obligation, stock-based compensation, determination of the fair value of common stock issued, deferred tax assets and related valuation allowances. Actual results could differ from those estimates.
Reclassifications	Reclassifications Certain reclassifications have been made to conform prior periods’ amounts to the current presentation. These reclassifications have no effect on the results of operations, stockholders’ equity, and cash flows previously reported.
Inventories	Inventories The recovery of gold from certain oxide ores is achieved through the heap leaching process. Under this method, mineralized material is placed on a leach pad where it is treated with a chemical solution, which dissolves the gold contained in the material. The resulting “pregnant” solution is further processed in a plant where gold is recovered. The Company records ore on leach pad, solution in carbon columns in process and gold concentrate, at average production cost per gold ounce, less provisions required to reduce inventory to net realizable value. Production costs include the cost of mineralized material processed; direct and indirect materials and consumables; direct labor; repairs and maintenance; utilities; amortization of property, equipment, and mineral properties; and mine administrative expenses. Costs are removed from ore on leach pads as ounces are recovered, based on the average cost per recoverable ounce of gold on the leach pad. Estimates of recoverable gold on the leach pad are calculated from the quantities of material placed on the leach pad (measured tons added to the leach pad), the grade of material placed on the leach pad (based on assay data) and an estimated recovery percentage (based on ore type). The nature of the leaching process inherently limits the ability to precisely monitor inventory levels. As a result, actual gold ounces recovered are regularly monitored and estimates are refined based on actual results over time. As of March 31, 2020, the Company had a limited operating history and actual results only over a short period of time. Due to this, estimates of recoverable gold are based primarily on initial tests with only limited refinements. Variations between actual and estimated quantities resulting from changes in assumptions and estimates that do not result in write-downs to net realizable value are accounted for on a prospective basis. The ultimate recovery of gold from a leach pad will not be known until the leaching process is concluded. The quantification of material inventory on the leach pad is based on estimates of the quantities of gold at each balance sheet date that the Company expects to recover during the next 12 to 18 months. See Note 5.
Revenue Recognition	Revenue Recognition Sales of gold concentrate sold directly to customers are recorded as revenues and receivables upon completion of the performance obligations and transfer of control of the product to the customer. For concentrate sales, the performance obligation is met, the transaction price can be reasonably estimated, and revenue is recognized generally at the time of shipment at estimated forward prices for the anticipated month of settlement. Due to the time elapsed from shipment to the customer and the final settlement with the customer, prices at which sales of the Company’s concentrates will be settled are estimated. Previously recorded sales and accounts receivable are adjusted to the estimated settlement metals prices until final settlement by the customer. Sales and accounts receivable for concentrate shipments are recorded net of charges by the customer for treatment, refining, smelting losses, and other charges negotiated with the customers. Charges are estimated upon shipment of concentrates based on contractual terms, and actual charges typically do not vary materially from estimates. See Note 16.
Loss Per Share	Loss Per Share Basic earnings per share includes no dilution and is computed by dividing net loss available to common shareholders by the weighted average common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of the Company. For the three months ended March 31, 2020 and 2019, common stock equivalents of 2,400,000 associated with the Company’s outstanding stock options were excluded from the calculation of diluted earnings per share because they were anti-dilutive due to the net loss for the periods then ended.
Going Concern	Going Concern As shown in the accompanying financial statements, the Company had an accumulated deficit of $10,541,408 through March 31, 2020 and net loss of $1,090,190 for the three month period ended March 31, 2020 which raises doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event the Company cannot continue in existence. Although production has restarted in 2019, it has not yet reached optimum levels. The timing and amount of capital requirements will depend on a number of factors, including demand for products, metals market pricing, and the availability of opportunities for expansion through affiliations and other business relationships. Although management has procured funding through a forward sales agreement (Note 3) they intend to continue to seek new capital from equity securities issuances to provide funds needed to increase liquidity, fund internal growth, and fully implement its business plan. The Company’s management believes that is has sufficient funds to meet its obligations and continue production over the next twelve months.
New Accounting Pronouncements	New Accounting Pronouncements Accounting Standards Updates Adopted In August 2018, the FASB issued ASU No. 2018-13 Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement. The update removes, modifies and makes additions to the disclosure requirements on fair value measurements. The update was adopted as of January 1, 2020, and its adoption did not have a material impact on the Company’s financial statements. Accounting Standards Updates to Become Effective in Future Periods In December 2019, the FASB issued ASU No. 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The update contains a number of provisions intended to simplify the accounting for income taxes. The update is effective for fiscal years beginning after December 15, 2020, with early adoption permitted. Management is evaluating the impact of this update on the Company’s financial statements. Other accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the financial statements upon adoption.

Prepaid Forward Gold Contract_2

Prepaid Forward Gold Contract Liability (Tables)	3 Months Ended
Prepaid Forward Gold Contract Liability (Tables)	Mar. 31, 2020
Forward Gold Sales Contract Liability [Abstract]
Schedule of company is obligated to deliver gold	Months Gold Ounces Total Gold Ounces December 2020 655 655 January 2021 to March 2021 896 2,688 April 2021 to March 2022 911 10,932 April 2022 to March 2023 1,396 16,752 April 2023 to December 2023 1,753 15,777 January 2024 241 241 47,045

Inventories (Tables)

Inventories (Tables)	3 Months Ended
Inventories (Tables)	Mar. 31, 2020
Inventory Disclosure [Abstract]
Schedule of components of inventories	March 31, December 31, Ore on leach pad $ 4,214,223 $ 3,903,297 Carbon column in process 362,439 235,762 Finished goods 20,660 194,623 Total $ 4,597,322 $ 4,333,682

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
Property and Equipment (Tables)	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Schedule of property, equipment, and accumulated depreciation	NOTE 6 - PROPERTY AND EQUIPMENT The following is a summary of property and equipment at March 31, 2020 and December 31, 2019: March 31, December 31, 2020 2019 Equipment $ 5,501,210 $ 5,336,011 Furniture and fixtures 6,981 6,981 Electronic and computer equipment 50,587 50,587 Vehicles 304,302 256,815 Land improvements 44,840 44,840 5,907,920 5,695,234 Less accumulated depreciation (2,446,873 ) (2,254,961 ) 3,461,047 3,440,273 Kiewit property facilities 2,497,436 2,497,436 Less accumulated amortization (678,457 ) (650,194 ) 1,818,979 1,847,242 Total $ 5,280,026 $ 5,287,515 For the Kiewit property facilities amortization expense, which is based on units of production, of $28,263 was recognized in the quarter ended March 31, 2020. There was no amortization in the quarter ended March 31, 2019 due to the lack of production that quarter.

Mineral Properties and Intere_2

Mineral Properties and Interests (Tables)	3 Months Ended
Mineral Properties and Interests (Tables)	Mar. 31, 2020
Mineral Industries Disclosures [Abstract]
Schedule of mineral properties and interests	March 31, December 31, Kiewit and all other sites $ 3,700,000 $ 3,700,000 JJS property 250,000 250,000 3,950,000 3,950,000 Less accumulated amortization (528,653 ) (475,401 ) 3,421,347 3,474,599 Asset retirement obligation Kiewit Site 529,289 452,193 Kiewit Exploration 28,377 11,126 JJS property 31,016 - Total 588,682 463,319 Less accumulated amortization (214,112 ) (208,281 ) 374,570 255,038 Total $ 3,795,917 $ 3,729,637

Notes Payable - Equipment (Tabl

Notes Payable - Equipment (Tables)	3 Months Ended
Notes Payable - Equipment (Tables)	Mar. 31, 2020
Notes Payable - Equipment [Abstract]
Schedule of the equipment notes payable	March 31, 2020 December 31, Note payable to Epiroc, collateralized by a used Epiroc drill, due in 6 monthly installments of $22,235, beginning October 2019, the balloon amount of $488,317 was refinanced in April 2020, with a new loan in that amount, due in 36 monthly payments of $14,679 including interest at 5.2%. $ 507,332 $ 563,368 Note payable to Wheeler Machinery, collateralized by a used CAT 740 Haul truck, originally due in 11 monthly installments of $14,475, beginning May 2019, including interest at 8%, with a balloon payment due in April 2020 of $168,873. This agreement has been extended, with original terms, for an indefinite term. 167,616 206,682 Note payable to Wheeler Machinery, collateralized by a used D8T dozer, due in 11 monthly payments of $19,125, beginning August 2019, including interest at 10%, with a balloon payment due in July 2020 of $350,281. 395,276 441,989 Note payable to Komatsu Equipment, collateralized by a used PC490 Excavator, due in 11 monthly payments of $10,320, beginning July 2019, including interest at 9%, with a balloon payment due in March 2020 of $71,372. This was refinanced by Komatsu in May 2020 with 1 payment of $28,823 and 12 monthly payments of $1,903 including interest at 4.6%. 70,841 90,200 1,141,065 1,302,239 Current portion (788,316 ) (1,302,239 ) Long term portion $ 352,749 $ - Principal payments due are as follows for the twelve months ended: March 31, 2021 $ 788,316 March 31, 2022 167,593 March 31, 2023 170,541 March 31, 2024 14,615 $ 1,141,065

Asset Retirement Obligation (Ta

Asset Retirement Obligation (Tables)	3 Months Ended
Asset Retirement Obligation (Tables)	Mar. 31, 2020
Asset Retirement Obligation Disclosure [Abstract]
Schedule of asset retirement obligations	March 31, March 31, Asset retirement obligation, beginning of period $ 826,637 $ 792,747 Reduction in liability due to transfer of Cactus Mill property - (40,802 ) Obligation incurred: Keiwit properties 94,347 - JJS property 31,016 - Accretion expense 23,775 18,673 Asset retirement obligation, end of period $ 975,775 $ 770,618

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
Revenue Recognition (Tables)	Mar. 31, 2020
Revenue Recognition and Deferred Revenue [Abstract]
Schedule of sales of products by metal	March 31, 2020 2019 Gold $ 1,594,913 $ - Silver 15,589 - Total product sales 1,610,502 - Less: Royalties (69,962 ) - Upside participation payments (173,989 ) - Outside processing charges (54,471 ) - Sales of product $ 1,312,080 $ -

Organization and Description _2

Organization and Description of Business (Details)	3 Months Ended
Organization and Description of Business (Details)	Mar. 31, 2020
Organization and Description of Business (Textual)
Revenues from sales of gold concentrate, description	11,000,000

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Summary of Significant Accounting Policies (Textual)
Accumulated deficit	$ (10,541,408)		$ (9,451,218)
Net loss	$ (1,090,190)	$ (1,833,887)
Outstanding stock options were excluded	2,400,000	2,400,000

Prepaid Forward Gold Contract_3

Prepaid Forward Gold Contract Liability (Details)	Dec. 31, 2019oz
Total Gold Ounces	47,045
December 2020 [Member]
Gold Ounces per Month	655
Total Gold Ounces	655
January 2021 to March 2021 [Member]
Gold Ounces per Month	896
Total Gold Ounces	2,688
April 2021 to March 2022 [Member]
Gold Ounces per Month	911
Total Gold Ounces	10,932
April 2022 to March 2023 [Member]
Gold Ounces per Month	1,396
Total Gold Ounces	16,752
April 2023 to December 2023 [Member]
Gold Ounces per Month	1,753
Total Gold Ounces	15,777
January 2024 [Member]
Gold Ounces per Month	241
Total Gold Ounces	241

Prepaid Forward Gold Contract_4

Prepaid Forward Gold Contract Liability (Details Textual)	12 Months Ended
Prepaid Forward Gold Contract Liability (Details Textual)	Dec. 31, 2019USD ($)
PDK [Member]
Forward Gold Sales Contract Liability (Textual)
Purchase Agreement, description	The Company entered into and closed a Pre-Paid Forward Gold Purchase Agreement (the “Purchase Agreement”) with PDK Utah Holdings L.P. (“PDK”) for the sale and purchase by PDK of gold produced from the Company’s mining property. Under the terms of the original Purchase Agreement, PDK initially agreed to purchase a total of 73,910 ounces of gold from the Company. The Company agreed to deliver ounces of gold produced from the Kiewit property to PDK. The Company would receive proceeds from PDK at the then current spot price less a discount specified in the Purchase Agreement. Prepayment was to be made in three tranches, with the initial tranche in the amount of $11,200,000 having been made upon execution of the Purchase Agreement on March 7, 2019 (the “Initial Funding”), $4,500,000 for Tranche 2 to occur at least six months following the Initial Funding date, and $5,500,000 for Tranche 3 to occur at least 10 months following the Initial Funding date, provided that all conditions precedent for funding Tranches 2 and 3 are met. From the Initial Funding, the Company paid an upfront fee of $600,000 to PDK for expenses incurred in connection with the transaction. The first gold delivery of 655 ounces is due December 2020.
Total balance of contract liability	$ 13,600,000
Amended Agreement, description	The Amended Agreement also altered the total amount that PDK may reduce the number of ounces of gold to be delivered under the Amended Agreement in exchange for common shares of the Company. Under the Amended Agreement, PDK may reduce the required number of ounces by up to 8,000 ounces in exchange for common shares of the Company.
Tranches [Member]
Forward Gold Sales Contract Liability (Textual)
Purchase Agreement, description	The Company and PDK amended the Purchase Agreement and entered into the Amended Pre-Paid Forward Agreement (the “Amended Agreement”) to adjust the second and third tranches paid to the Company, to reduce the total number of ounces of gold subject to the Purchase Agreement, and to revise other provisions therein. The second tranche was reduced from $4,500,000 to $1,600,000, and the third tranche was reduced from $5,500,000 to $1,400,000. The second tranche was received on October 31, 2019 upon execution of the Amended Agreement and the third tranche was received on December 27, 2019, with funds to be dedicated in accordance with the revised budget furnished with the Amended Agreement. The amendment also reduced the total number of ounces of gold to be delivered under the agreement from 73,910 to 47,045.
Amount received from PDK	$ 14,200,000
Upfront fee paid	$ 600,000

Reclamation Bonds (Details)

Reclamation Bonds (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019
Reclamation Bonds (Textual)
Surety bond in escrow account		$ 674,000
Reclamation bonds	$ 759,726	$ 759,351
Return property and the reclamation bond			$ 42,802

Inventories (Details)

Inventories (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Inventory Disclosure [Abstract]
Ore on leach pad	$ 4,214,223	$ 3,903,297
Carbon column in process	362,439	235,762
Finished goods	20,660	194,623
Total	$ 4,597,322	$ 4,333,682

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Summary of property, equipment, and accumulated depreciation
Property and equipment, Gross	$ 1,818,979	$ 1,847,242
Less accumulated depreciation	1,818,979	1,847,242
Property and equipment, Total	5,280,026	5,287,515
Property, Plant and Equipment [Member]
Summary of property, equipment, and accumulated depreciation
Property and equipment, Gross	5,907,920	5,695,234
Less accumulated depreciation	(2,446,873)	(2,254,961)
Property and equipment, Total	3,461,047	3,440,273
Property, Plant and Equipment [Member] \| Equipment [Member]
Summary of property, equipment, and accumulated depreciation
Property and equipment, Gross	5,501,210	5,336,011
Property, Plant and Equipment [Member] \| Furniture and fixtures [Member]
Summary of property, equipment, and accumulated depreciation
Property and equipment, Gross	6,981	6,981
Property, Plant and Equipment [Member] \| Electronic and computer equipment [Member]
Summary of property, equipment, and accumulated depreciation
Property and equipment, Gross	50,587	50,587
Property, Plant and Equipment [Member] \| Vehicles [Member]
Summary of property, equipment, and accumulated depreciation
Property and equipment, Gross	304,302	256,815
Property, Plant and Equipment [Member] \| Land Improvements [Member]
Summary of property, equipment, and accumulated depreciation
Property and equipment, Gross	44,840	44,840
Finite-Lived Intangible Assets [Member] \| Kiewit property facilities [Member]
Summary of property, equipment, and accumulated depreciation
Property and equipment, Gross	$ 2,497,436	$ 2,497,436

Property and Equipment (Detai_2

Property and Equipment (Details Textual) - USD ($)	3 Months Ended
Property and Equipment (Details Textual) - USD ($)	Mar. 31, 2020	Mar. 31, 2019
Property and Equipment (Details Textual)
Amortization adjustment	$ 28,263

Mineral Properties and Intere_3

Mineral Properties and Interests (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Mineral Industries Disclosures [Abstract]
Kiewit and all other sites	$ 3,700,000	$ 3,700,000
JJS property	250,000	250,000
Total	3,950,000	3,950,000
Less accumulated amortization	(528,653)	(475,401)
Total	3,421,347	3,474,599
Asset retirement obligation
Kiewit Site	529,289	452,193
Kiewit Exploration	28,377	11,126
JJS property	31,016
Total	588,682	463,319
Less accumulated amortization	(214,112)	(208,281)
Mineral properties after accumulated depletion	374,570	255,038
Total	$ 3,795,917	$ 3,729,637

Mineral Properties and Intere_4

Mineral Properties and Interests (Details Textual) - USD ($)	Jun. 13, 2019	Mar. 31, 2020
Mineral Properties and Interests; Reclamation Bonds (Textual)
Common stock issued		5,500,000
Fair value of common stock		$ 2,200,000
Percentage of royalty		2.50%
Mineral properties and amortization		$ 53,253
Estimated gold production, description		The new estimate resulted in increased gold ounces at January 1, 2020 from 39,480 gold ounces to 98,066 gold ounces. Amortization of the mineral properties and interests based on total units of production was $53,253 for the quarter ended March 31, 2020. Amortization for the quarter ended March 31, 2020 was based on the updated estimate.
Agreement, description		In addition, the Company and Clifton entered into a Registration Rights Agreement to register for resale the shares issued to Clifton which requires the Company to register the shares within 18 months (which is September 7, 2020) following the initial funding received under the Purchase Agreement (Note 3). In the event the Company does not register the shares within the 18-month period.
Corporate Joint Venture [Member]
Mineral Properties and Interests; Reclamation Bonds (Textual)
Joint venture agreement, description		Under the terms of the initial 2009 Joint Venture Agreement, the Company was required to pay a 4% net smelter royalty (“NSR”) on base metals in all other areas except for production from the Kiewit gold property and a NSR on gold and silver, except for production from the Kiewit gold property, based on a sliding scale of between 2% and 15% based on the price of gold or silver, as applicable. The Company was also required to pay Clifton a 6% NSR on any production from the Kiewit gold property.
NSR [Member]
Mineral Properties and Interests; Reclamation Bonds (Textual)
Royalty expense		$ 900,000
Purchase agreement, description		The buyer of the Purchase Agreement (Note 3), PDK, acquired a 4% NSR, previously held by Clifton, on the Kiewit property for $2,200,000. PDK remitted the funds for the NSR directly to Clifton. PDK will receive a 4% net NSR on proceeds from the sale of gold and silver from the Kiewit and JJS properties.
Ben Julian, LLC [Member]
Mineral Properties and Interests; Reclamation Bonds (Textual)
Agreement, description	The Company entered into an agreement whereby the Company acquired 20 claims adjacent to the Kiewit property from Ben Julian, LLC for $250,000, known as the JJS Property.

Short-Term Notes Payable - Re_2

Short-Term Notes Payable - Related Parties (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2018
Short-Term Notes Payable - Related Parties (Textual)
Total borrowings		$ 91,680	$ 249,000
Short-term debt, percentage bearing interest rate		10.00%
Loan initiation fee, percentage		2.00%
Interest expense		$ 5,820
Purchase agreement, description	These short-term notes were repaid in full, including 10% interest and a 2% loan initiation fee, in March 2019 as part of the terms of the Purchase Agreement.

Convertible debt - Related Pa_2

Convertible debt - Related Parties (Details) - USD ($)	3 Months Ended
Convertible debt - Related Parties (Details) - USD ($)	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2018
Convertible Notes - Related Parties (Textual)
Convertible debt			$ 1,350,000
Interest expense	$ 27,615
Convertible Debt [Member]
Convertible Notes - Related Parties (Textual)
Accrued interest payable			$ 456,750
Interest expense		$ 24,412

Obligation Under Capital Leas_2

Obligation Under Capital Lease - Related Party (Details) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Jun. 20, 2016	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2018
Obligation Under Capital Lease - Related Party (Textual)
Interest expense		$ 27,615
RMH Overhead LLC [Member]
Obligation Under Capital Lease - Related Party (Textual)
Equipment includes assets under capital lease amount	$ 185,618
Accumulated amortization				$ 66,292
Interest expense			$ 1,968

Notes Payable - Equipment (Deta

Notes Payable - Equipment (Details) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Note payable	$ 1,141,065	$ 1,302,239
Current portion	(788,316)	(1,302,239)
Long term portion	352,749
Principal amount
31-Mar-2021	788,316
31-Mar-2022	167,593
31-Mar-2023	170,541
31-Mar-2024	14,615
Total Principal amount	1,141,065
Notes Payable [Member]
Debt Instrument [Line Items]
Note payable	507,332	563,368
Notes Payable One [Member]
Debt Instrument [Line Items]
Note payable	167,616	206,682
Notes Payable Two [Member]
Debt Instrument [Line Items]
Note payable	395,276	441,989
Notes Payable Three [Member]
Debt Instrument [Line Items]
Note payable	$ 70,841	$ 90,200

Notes Payable - Equipment (De_2

Notes Payable - Equipment (Details Textual)	3 Months Ended
Notes Payable - Equipment (Details Textual)	Mar. 31, 2020USD ($)Installments
Notes Payable [Member]
Notes Payable - Equipment (Textual)
Number of installments \| Installments	6
Installments amount	$ 22,235
Interest rate percentage	5.20%
Maturity date	Apr. 30, 2020
Balloon payment	$ 488,317
Notes Payable One [Member]
Notes Payable - Equipment (Textual)
Number of installments \| Installments	11
Installments amount	$ 14,475
Interest rate percentage	8.00%
Maturity date	Apr. 30, 2020
Balloon payment	$ 168,873
Notes Payable Two [Member]
Notes Payable - Equipment (Textual)
Number of installments \| Installments	11
Installments amount	$ 19,125
Interest rate percentage	10.00%
Maturity date	Jul. 31, 2020
Balloon payment	$ 350,281
Notes Payable Three [Member]
Notes Payable - Equipment (Textual)
Number of installments \| Installments	11
Installments amount	$ 10,320
Interest rate percentage	9.00%
Maturity date	Mar. 31, 2020
Balloon payment	$ 71,372
Notes Payable Three [Member] \| Komatsu D275 dozer [Member]
Notes Payable - Equipment (Textual)
Number of installments \| Installments	12
Installments amount	$ 28,823
Interest rate percentage	4.60%
Maturity date	May 31, 2020
Balloon payment	$ 1,903

Asset Retirement Obligation (De

Asset Retirement Obligation (Details) - USD ($)	3 Months Ended
Asset Retirement Obligation (Details) - USD ($)	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Asset Retirement Obligation Disclosure [Abstract]
Asset retirement obligation, beginning of period	$ 826,637	$ 792,747
Reduction in liability due to transfer of Cactus Mill property		(40,802)
Keiwit properties	94,347
JJS property	250,000		$ 250,000
Accretion expense	23,775	18,673
Asset retirement obligation, end of period	$ 975,775	$ 770,618

Asset Retirement Obligation (_2

Asset Retirement Obligation (Details Textual) - USD ($)	3 Months Ended	12 Months Ended
Asset Retirement Obligation (Details Textual) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Asset Retirement Obligation (Textual)
Retirement asset and obligation increased	$ 125,363
Asset Retirement Obligations, Description	The Company updated the asset retirement obligation to reflect a plan for reclamation and closure of the mine at the end of its life which resulted in an increase of estimated undiscounted costs of $198,365.	The Cactus Mill property was returned to Clifton as part of the terms of the Amended Lease (Note 7). The net asset retirement cost of $17,120 and obligation of $40,802 relating to the Cactus Mill property were eliminated resulting in a gain on settlement of asset retirement obligation of $20,451 recognized in general and administrative expense in the statement of operations.
Risk-free interest rate	10.00%

Settlement of Consulting Cont_2

Settlement of Consulting Contract (Details) - USD ($)	1 Months Ended	3 Months Ended
Settlement of Consulting Contract (Details) - USD ($)	Jan. 16, 2019	Mar. 31, 2019
Settlement of Consulting Contract (Textual)
Termination Agreement, description	The Company negotiated a termination of the Agency Agreement (the “Termination Agreement”) with H&H. Under the terms of the Termination Agreement, the Company paid H&H $600,000 in cash and agreed to pay an additional $200,000 within 18 months. The Company also issued 250,000 shares of its common stock with a fair value of $100,000 to H&H. In addition, Phillip H. Holme, a principal of H&H, became a director of the Company.
Settlement of consulting contract		$ 900,000
Settlement agreement		$ 200,000
Consulting Contract Due date		Jul. 31, 2020

Capital Stock (Details)

Capital Stock (Details) - USD ($)	3 Months Ended
Capital Stock (Details) - USD ($)	Mar. 31, 2020	Mar. 31, 2012	Dec. 31, 2019
Capital Stock (Textual)
Common stock, shares authorized	100,000,000		100,000,000
Voting rights, description	Voting rights are not cumulative and, therefore, the holders of more than 50% of the common stock could, if they choose to do so, elect all of the directors of the Company.
Common stock issue	5,500,000
Fair value of common stock	$ 2,200,000
Preferred stock, shares authorized	10,000,000		10,000,000
Preferred stock, par value	$ 0.001		$ 0.001
2019 Activity [Member]
Capital Stock (Textual)
Common stock issue		130,000
Fair value of common stock		$ 52,000
2019 Activity [Member] \| Clifton [Member]
Capital Stock (Textual)
Common stock per share	$ 0.40
Common stock issue	5,500,000
Fair value of common stock	$ 2,200,000
2019 Activity [Member] \| HH [Member]
Capital Stock (Textual)
Common stock issue	250,000
Fair value of common stock	$ 100,000

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	3 Months Ended
Related Party Transactions (Details) - USD ($)	Mar. 31, 2020	Mar. 31, 2019
Related Party Transactions (Textual)
Rent expense	$ 3,500	$ 3,000
Director One [Member]
Related Party Transactions (Textual)
Accrued compensation	6,000	6,000
Other Director [Member]
Related Party Transactions (Textual)
Accrued compensation	$ 5,000	$ 5,000

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($)	3 Months Ended
Revenue Recognition (Details) - USD ($)	Mar. 31, 2020	Mar. 31, 2019
Revenue Recognition and Deferred Revenue [Abstract]
Gold	$ 1,594,913
Silver	15,589
Total product sales	1,610,502
Less: Royalties	(69,962)
Upside participation payments	(173,989)
Outside processing charges	(54,471)
Sales of product	$ 1,312,080

Revenue Recognition (Details Te

Revenue Recognition (Details Textual) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Revenue Recognition (Textual)
Royalties payable	$ 69,709
Upside participation payable	$ 48,172

Stock Options (Details)

Stock Options (Details)	3 Months Ended
Stock Options (Details)	Mar. 31, 2020USD ($)shares
Stock options (Textual)
Reserved shares under stock incentive plan \| shares	2,400,000
Outstanding options \| $	$ 2,400,000
Remaining life of Options	2 years 10 months 25 days

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	May 11, 2018	Mar. 31, 2020	Mar. 31, 2019
Commitments and Contingencies (Textual)
Finder's agreement, description	The Company entered into an agreement with Mount Royal Consultants (Mount Royal) to assist in finding prospective investors. Mount Royal would receive a finder’s fee of 7% for a connection with a company that resulted in a qualified investment consisting of equity securities or a fee of 3% for a connection with a company that resulted in a purchase of debt securities. On March 7, 2019, the Company closed a Purchase Agreement (Note 3) to a buyer for the purchase of gold produced from the Company's mining property. This agreement was deemed to be subject to the finder’s fee and resulted in a payment to Mount Royal of $318,000, 3% of the $10,600,000 beneficially received by the Company in accordance with the terms of the Purchase Agreement. On November 1, 2019, an additional payment of 3% of the Tranche 2 payment received by the Company resulted in a payment of $48,000 to Mount Royal and a third payment of $42,000 was issued after receipt of the Tranche 3 payment on December 27, 2019.
Employment agreements, description		The Company has an employment agreement with Mr. Havenstrite as President of the Company, which is ongoing. The agreement, as amended, requires Mr. Havenstrite to meet certain time requirements and limits the number of other board member obligations in which he can participate. The agreement allows for a base annual salary of $144,000 plus certain performance compensation upon fulfillment of established goals. The agreement allows the board of directors to terminate Mr. Havenstrite’s employment at any time, providing for a severance payment upon termination without cause.
Mr Havenstrite [Member]
Commitments and Contingencies (Textual)
Base annual salary		$ 144,000
Mining Leases [Member]
Commitments and Contingencies (Textual)
Annual claims fees		$ 155	$ 14,794

Subsequent Events (Details)

Subsequent Events (Details)	1 Months Ended
Subsequent Events (Details)	Apr. 30, 2020
Subsequent Event [Member]
Subsequent Events (Textual)
Subsequent Events Description	The Company received a loan of $463,497 pursuant to the Paycheck Protection Program (the “PPP”) under Division A, Title I of the CARES Act, which was enacted March 27, 2020. The loan, which was in the form of a Note dated April 16, 2020 issued by the Company, matures on April 9, 2025 and bears interest at a rate of 1% per annum, payable monthly commencing on August 15, 2021.