Desert Hawk Gold (DHGC) 10-Q 14 Nov 22 2022 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Nov. 14, 2022
Document Information Line Items
Entity Registrant Name	Desert Hawk Gold Corp.
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		26,831,603
Amendment Flag	false
Entity Central Index Key	0001168081
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Sep. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	333-169701
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	82-0230997
Entity Address, Address Line One	1290 Holcomb Ave
Entity Address, City or Town	Reno
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89502
City Area Code	(775)
Local Phone Number	337-8057
Entity Interactive Data Current	Yes

Condensed Interim Balance Sheet

Condensed Interim Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 1,628,319	$ 424,629
Accounts receivable	11,141	270,108
Inventories (NOTE 4 )	3,617,997	4,673,189
Prepaid expenses and other current assets	44,045	45,983
TOTAL CURRENT ASSETS	5,301,502	5,413,909
INVENTORIES (NOTE 4 )		1,081,425
PROPERTY AND EQUIPMENT, net (NOTE 5)	4,500,985	4,928,280
MINERAL PROPERTIES AND INTERESTS, net (NOTE 6)	3,616,493	3,679,652
RECLAMATION BONDS (NOTE 3)	1,036,296	947,116
TOTAL ASSETS	14,455,276	16,050,382
CURRENT LIABILITIES:
Accounts payable and accrued liabilities	124,715	255,010
Royalties and upside participation payable (NOTE 7)	2,769,097	1,977,633
Accrued interest, prepaid forward gold contract (NOTE 7)	427,909	120,989
Accrued liabilities – officers and other wages (NOTES 11 and 12)	132,159	111,159
Notes payable, current portion (NOTE 8)	100,927	427,413
Settlement of consulting contract payable (NOTE 10)	200,000	200,000
Prepaid forward gold contract liability (NOTE 7)	7,052,049	10,263,438
Due to PDK in lieu of gold deliveries (NOTE 7)	11,325,500	5,771,000
TOTAL CURRENT LIABILITIES	22,132,356	19,126,642
LONG-TERM LIABILITIES
Notes payable, net of current portion (NOTE 8)		116,098
Asset retirement obligation (NOTE 9)	1,462,901	1,362,294
TOTAL LONG-TERM LIABILITIES	1,462,901	1,478,392
TOTAL LIABILITIES	23,595,257	20,605,034
COMMITMENTS AND CONTINGENCIES (NOTES 3, 6 AND 12)
STOCKHOLDERS’ EQUITY (DEFICIT)
Preferred Stock, $.001 par value; 10,000,000 shares authorized, none issued or outstanding
Common Stock, $.001 par value; 100,000,000 shares authorized; 26,831,603 and 26,831,603 shares issued and outstanding, respectively	26,833	26,833
Additional paid-in capital	9,666,275	9,666,275
Accumulated deficit	(18,833,089)	(14,247,760)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)	(9,139,981)	(4,554,652)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)	$ 14,455,276	$ 16,050,382

Condensed Interim Balance She_2

Condensed Interim Balance Sheets (Unaudited) (Parentheticals) - $ / shares	Sep. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Preferred Stock, par value (in Dollars per share)	$ 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 (in Dollars per share)	$ 0.001	$ 0.001
Common Stock, shares authorized	100,000,000	100,000,000
Common Stock, shares issued	26,831,603	26,831,603
Common Stock, shares outstanding	26,831,603	26,831,603

Condensed Interim Statements of

Condensed Interim Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
REVENUE
Concentrate sales	$ 1,092,854	$ 1,376,035	$ 3,127,883	$ 3,687,316
Contract processing income	158,757	753,755	1,130,186	2,190,250
Total revenue	1,251,611	2,129,790	4,258,069	5,877,566
OPERATING EXPENSES
General production and project costs	1,747,388	1,155,365	4,397,526	4,115,107
Contract processing costs	32,411	56,345	103,625	199,489
Depreciation and amortization	160,619	287,662	654,740	781,892
Other operating costs	116,701	128,412	380,431	263,573
Exploration expense		4,086		9,083
Legal and professional	26,085	36,679	117,006	150,115
Officers and directors’ fees	89,102	89,761	261,649	257,426
General and administrative	63,773	81,502	244,674	277,047
Loss on disposal of equipment	4,453	5,487	22,921	239,651
Forward gold contract expense (NOTE 7)	883,334	576,444	2,343,111	1,857,994
TOTAL OPERATING EXPENSES	3,123,866	2,421,743	8,525,683	8,151,377
LOSS FROM OPERATIONS	(1,872,255)	(291,953)	(4,267,614)	(2,273,811)
OTHER INCOME (EXPENSE)
Interest and other income	2,823	10,033	2,879	10,073
Interest expense – equipment financing	(1,773)	(18,994)	(13,288)	(71,872)
Interest expense - other	(74,332)	(31,031)	(307,306)	(65,876)
TOTAL OTHER INCOME (EXPENSE)	(73,282)	(39,992)	(317,715)	(127,675)
NET LOSS BEFORE INCOME TAX	(1,945,537)	(331,945)	(4,585,329)	(2,401,486)
Provision (benefit) for income tax
NET LOSS	$ (1,945,537)	$ (331,945)	$ (4,585,329)	$ (2,401,486)
Basic and diluted loss per share (in Dollars per share)	$ (0.07)	$ (0.01)	$ (0.17)	$ (0.09)
Basic and diluted weighted average number of shares outstanding (in Shares)	26,831,603	26,831,603	26,831,603	26,831,603

Condensed Interim Statements _2

Condensed Interim Statements of Operations (Unaudited) (Parentheticals) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Basic and diluted loss per share (in Dollars per share)	$ (0.05)	$ (0.02)	$ (0.10)	$ (0.08)
Basic and diluted weighted average number of shares outstanding (in Shares)	26,831,603	26,831,603	26,831,603	26,831,603

Condensed Interim Statement of

Condensed Interim Statement of Changes in Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid in Capital	Accumulated Deficit	Total
Balance at Dec. 31, 2020	$ 26,833	$ 9,666,275	$ (11,291,811)	$ (1,598,703)
Balance (in Shares) at Dec. 31, 2020	26,831,603
Net loss			(1,544,464)	(1,544,464)
Balance at Mar. 31, 2021	$ 26,833	9,666,275	(12,836,275)	(3,143,167)
Balance (in Shares) at Mar. 31, 2021	26,831,603
Balance at Dec. 31, 2020	$ 26,833	9,666,275	(11,291,811)	(1,598,703)
Balance (in Shares) at Dec. 31, 2020	26,831,603
Net loss				(2,401,486)
Balance at Sep. 30, 2021	$ 26,833	9,666,275	(13,693,297)	(4,000,189)
Balance (in Shares) at Sep. 30, 2021	26,831,603
Balance at Mar. 31, 2021	$ 26,833	9,666,275	(12,836,275)	(3,143,167)
Balance (in Shares) at Mar. 31, 2021	26,831,603
Net loss			(525,077)	(525,077)
Balance at Jun. 30, 2021	$ 26,833	9,666,275	(13,361,352)	(3,668,244)
Balance (in Shares) at Jun. 30, 2021	26,831,603
Net loss			(331,945)	(331,945)
Balance at Sep. 30, 2021	$ 26,833	9,666,275	(13,693,297)	(4,000,189)
Balance (in Shares) at Sep. 30, 2021	26,831,603
Balance at Dec. 31, 2021	$ 26,833	9,666,275	(14,247,760)	(4,554,652)
Balance (in Shares) at Dec. 31, 2021	26,831,603
Net loss			(1,337,227)	(1,337,227)
Balance at Mar. 31, 2022	$ 26,833	9,666,275	(15,584,987)	(5,891,879)
Balance (in Shares) at Mar. 31, 2022	26,831,603
Balance at Dec. 31, 2021	$ 26,833	9,666,275	(14,247,760)	(4,554,652)
Balance (in Shares) at Dec. 31, 2021	26,831,603
Net loss				(4,585,329)
Balance at Sep. 30, 2022	$ 26,833	9,666,275	(18,833,089)	(9,139,981)
Balance (in Shares) at Sep. 30, 2022	26,831,603
Balance at Mar. 31, 2022	$ 26,833	9,666,275	(15,584,987)	(5,891,879)
Balance (in Shares) at Mar. 31, 2022	26,831,603
Net loss			(1,302,565)	(1,302,565)
Balance at Jun. 30, 2022	$ 26,833	9,666,275	(16,887,552)	(7,194,444)
Balance (in Shares) at Jun. 30, 2022	26,831,603
Net loss			(1,945,537)	(1,945,537)
Balance at Sep. 30, 2022	$ 26,833	$ 9,666,275	$ (18,833,089)	$ (9,139,981)
Balance (in Shares) at Sep. 30, 2022	26,831,603

Condensed Interim Statements _3

Condensed Interim Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (4,585,329)	$ (2,401,486)
Adjustments to reconcile net loss to net cash provided (used) by operating activities
Depreciation and amortization	654,740	781,892
Accretion of asset retirement obligation	100,607	91,461
Write down of inventory to net realizable value	2,049,961	1,265,018
Loss on disposal of equipment	22,921	239,651
Changes in operating assets and liabilities:
Accounts receivable	258,967	(59,675)
Inventories	86,656	(154,122)
Prepaid expenses and other current assets	1,938	(13,441)
Accounts payable and accrued liabilities	(130,295)	(995,363)
Royalties and upside participation payable (NOTE 7)	791,464	919,893
Accrued interest, prepaid forward gold contract (NOTE 7)	306,920
Accrued liabilities – officer and other wages	21,000	45,462
Due to PDK in lieu of gold deliveries (NOTE 7)	5,554,500	4,404,500
Prepaid forward gold contract liability (NOTE 7)	(3,211,389)	(2,546,506)
Net cash provided by operating activities	1,922,661	1,577,284
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to property and equipment	(232,707)	(191,371)
Proceeds from sale of equipment	45,500	6,000
Payments on reclamation bonds	(89,180)	(189,073)
Net cash used by investing activities	(276,387)	(374,444)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of notes payable	(442,584)	(904,284)
Net cash used by financing activities	(442,584)	(904,284)
Net increase in cash and cash equivalents	1,203,690	298,556
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	424,629	173,287
CASH AND CASH EQUIVALENTS AT END OF PERIOD	1,628,319	471,843
NON-CASH FINANCING AND INVESTING ACTIVITIES:
Equipment acquired with notes payable – equipment		579,909
Land and building purchased with note payable and accrued rent		$ 158,000

Organization and Description of

Organization and Description of Business	9 Months Ended
	Sep. 30, 2022
Accounting Policies [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 on September 30, 2014. Revenue from the heap leach operation began in October 2014 with the first sales of gold concentrate.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES In the opinion of management, the accompanying unaudited condensed financial statements contain all adjustments, consisting of normal recurring adjustments, necessary for a fair statement of the results for the interim periods reported. The condensed balance sheet at December 31, 2021 was derived from audited annual financial statements but does not contain all of the footnote disclosures from the annual financial statements. Operating results for the three- and nine-month period ended September 30, 2022 are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2022. These unaudited condensed 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”). These unaudited condensed interim financial statements 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, 2021 filed with the Securities and Exchange Commission on March 31, 2022. 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. 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 (deficit), and cash flows as previously reported. Earnings (Loss) Per Share Basic earnings (loss) per share includes no dilution and is computed by dividing net earnings (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 and nine months ended September 30, 2022 and 2021, 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 $18,833,089 through September 30, 2022 and net loss of $4,585,329 for the nine-month period ended September 30, 2022, along with negative working capital of $16,830,854 which raises substantial doubt about the Company’s ability to continue as a going concern. In addition, the Company has not delivered gold ounces as scheduled on its prepaid forward gold contract and could be subject to default provisions within the related agreement (see Note 7). The condensed interim 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 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. Management continues to seek new capital from equity securities issuances or other business arrangements to provide funds needed to increase liquidity, fund internal growth, and fully implement its business plan. The ability of the Company to continue as a going concern is dependent on the Company’s ability to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they are due. 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 the Company’s ability to retain and house employees and properly manage them 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. These disruptions continue to hamper operations. It is management’s belief that disruptions relating to COVID will be mitigated in the future as a large percent of the population becomes vaccinated. The effects of the continued outbreak of COVID-19 and related government responses could also include extended disruptions to supply chains and capital markets, reduced availability of contractors and a prolonged reduction in economic activity. These effects could have a variety of adverse impacts on the Company, including its ability to conduct operations. The Company has taken steps to mitigate the potential risks to suppliers and employees posed by the spread of COVID-19, including work from home policies where appropriate. The Company will continue to monitor developments affecting both its workforce and contractors and will take additional precautions as necessary. The ultimate impact of COVID-19 depends on factors beyond management’s knowledge or control, including its duration and third-party actions to contain its spread and mitigate its public health effects. Therefore, the Company cannot estimate the potential future impact to its financial position, results of operations and cash flows, but the impacts could be material. New Accounting Pronouncements Accounting standards that have been issued or proposed by the Financial Accounting Standards Board (“FASB”) that do not require adoption until a future date are not expected to have a material impact on the financial statements upon adoption.

Reclamation Bonds

Reclamation Bonds	9 Months Ended
	Sep. 30, 2022
Reclamation Bonds Abstract
RECLAMATION BONDS	NOTE 3 – RECLAMATION BONDS At September 30, 2022 and December 31, 2021, 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. On March 31, 2022, the Company’s bond was increased $89,000 by the Utah Division of Oil, Gas and Mining to provide for the escalation of the existing large mine permit through 2026. Total reclamation bonds posted at September 30, 2022 and December 31, 2021 are $1,036,296 and $947,116, 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	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
INVENTORIES	NOTE 4 – INVENTORIES Inventories at September 30, 2022 and December 31, 2021 consists of the following: September 30, December 31, 2022 2021 Ore on leach pad $ 3,412,433 $ 5,488,902 Carbon column in process 193,866 119,461 Finished goods 11,698 146,251 3,617,997 5,754,614 Less long-term portion - (1,081,425 ) Total $ 3,617,997 $ 4,673,189 Inventories at September 30, 2022 and December 31, 2021 were valued at net realizable value because production costs were greater than the amount the Company expected to receive on the sale of the estimated gold ounces contained in inventories. The adjustment to inventory was $2,049,961 and $1,265,018 for the nine-month periods ended September 30, 2022, and September 30, 2021, respectively.

Property and Equipment

Property and Equipment	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 5 - PROPERTY AND EQUIPMENT The following is a summary of property and equipment at September 30, 2022 and December 31, 2021: September 30, December 31, 2022 2021 Equipment $ 6,498,051 $ 6,461,263 Furniture and fixtures 6,981 6,981 Electronic and computer equipment 50,587 50,587 Vehicles 369,595 348,535 Buildings 100,000 100,000 Land and improvements 105,299 76,569 7,130,513 7,043,935 Less accumulated depreciation (4,238,657 ) (3,802,265 ) 2,891,856 3,241,670 Kiewit property facilities 2,497,436 2,497,436 Less accumulated amortization (888,307 ) (810,826 ) 1,609,129 1,686,610 Total $ 4,500,985 $ 4,928,280 For the Kiewit property facilities, amortization based on total units of production was $ Nil Depreciation expense on property and equipment for the three months ended September 30, 2022 and 2021 was $160,619 and $222,804 respectively. Depreciation expense on property and equipment for the nine months ended September 30, 2022 and 2021 was $513,460 and $658,337 respectively. During the nine months ended September 30, 2021, the Company was required to return a CAT 740 Haul truck to Wheeler Machinery because the Company was 5 payments delinquent in its obligation on this note payable. The net carrying value of the equipment was $290,889 and the outstanding note payable balance was $86,806. A loss on disposal of equipment of $204,083 was recognized. The truck was purchased by a related party who in February began renting the truck to the Company on a month-to-month rental. See Note 11. During the nine months ended September 30, 2021, the Company acquired a new HP4 crushing system in exchange for its HP3 crushing system which was returned to ICM Solutions, Inc.(“ICM”). Prior to the acquisition, the Company had been renting the HP4 crushing system from ICM and had an accrued rent payable of $158,000. ICM financed the acquisition of the new HP4 crushing system with a new note of $215,510 for the cost of the new equipment, plus accrued rent payable, less the trade-in value of the HP3 crushing system.

Mineral Properties and Interest

Mineral Properties and Interests	9 Months Ended
	Sep. 30, 2022
Mineral Industries Disclosures [Abstract]
MINERAL PROPERTIES AND INTERESTS	NOTE 6 – MINERAL PROPERTIES AND INTERESTS Mineral properties and interests as of September 30, 2022 and December 31, 2021 are as follows: September 30, December 31, 2022 2021 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 (852,000 ) (864,436 ) 3,098,000 3,085,564 Asset retirement obligation assets Kiewit Site 725,122 725,122 Kiewit Exploration 28,377 28,377 JJS property 31,016 31,016 Total 784,515 784,515 Less accumulated amortization (266,022 ) (190,427 ) 518,493 594,088 Total $ 3,616,493 $ 3,679,652 Amortization of the mineral properties and interests based on total units of production was $ Nil There was no production during the three months ended September 30, 2022 as the Company awaits approval of permits. The Company is required to pay a 4% net smelter royalty (“NSR”) to PDK Utah Holdings, LP (“PDK”) on revenues of gold and silver from the Kiewit gold property and the JJS properties. See Note 7.

Prepaid Forward Gold Contract L

Prepaid Forward Gold Contract Liability	9 Months Ended
	Sep. 30, 2022
Prepaid Forward Gold Contract Liability Abstract
PREPAID FORWARD GOLD CONTRACT LIABILITY	NOTE 7 – PREPAID FORWARD GOLD CONTRACT LIABILITY In 2019, the Company entered into and closed a Pre-Paid Forward Gold Purchase Agreement (the “Purchase Agreement”) with PDK for the sale and purchase by PDK of gold produced from the Company’s mining property. Under the terms of the Purchase Agreement, as amended, PDK agreed to purchase a total of 47,045 ounces of gold from the Company. The Company agreed to deliver ounces of gold produced from the Kiewit property to PDK and the Company would then receive proceeds from PDK at the then current spot price less a discount specified in the Purchase Agreement. The Company has the option of paying cash to PDK for the number of ounces scheduled to be delivered each month at a rate of $500 per ounce. The Company received a net amount of $13,600,000 in 2019 for the future delivery of these gold ounces. Under the terms of the Purchase Agreement, as amended, the Company is obligated to deliver gold in the following quantities: Months Gold 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 In addition, under the Purchase Agreement, PDK may reduce the required number of ounces to be sold in exchange for up to 8,000 common shares of the Company. To date, PDK has not elected this option. 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. The Purchase Agreement contains representations and warranties, as well as affirmative and negative covenants customary to a transaction of this nature. To date, no gold has been delivered under the contract. As of September 30, 2022 and December 31, 2021, a cumulative of 22,651 and 11,542 ounces, respectively, were scheduled to be delivered to PDK under the terms of the Purchase Agreement. The ounces due but unpaid to PDK at September 30, 2022 have been reflected in “Due to PDK in lieu of gold deliveries” on the balance sheet based on the Company’s option to pay cash in lieu of delivery at $500 per ounce. The forward gold contract balance as of September 30, 2022 and December 21, 2021 is as follows: September 30, December 31, 2022 2021 Total ounces to be delivered 22,651 11,542 Contractual payment per ounce in lieu of delivery $ 500 $ 500 Amount due to PDK $ 11,325,500 $ 5,771,000 For the three and nine months ended September 30, 2022 and 2021, the expense related to the forward gold contract is as follows: For the three months ended 2022 2021 Prepaid forward gold contract liability balance at beginning of period $ 8,262,715 $ 11,843,550 Forward gold contract balance associated with ounces to be delivered during period 883,334 576,444 Reduction in prepaid forward gold contract liability balance (2,094,000 ) (1,366,500 ) Prepaid forward gold contract liability balance at end of period $ 7,052,049 $ 11,053,494 For the nine months ended 2022 2021 Prepaid forward gold contract liability balance at beginning of period $ 10,263,438 $ 13,600,000 Forward gold contract balance associated with ounces to be delivered during period 2,343,111 1,857,994 Reduction in prepaid forward gold contract liability balance (5,554,500 ) (4,404,500 ) Prepaid forward gold contract liability balance at end of period $ 7,052,049 $ 11,053,494 As of September 30, 2022, and through the issuance of these financial statements, PDK has sent invoices to the Company for the deliveries and payments due. The failure to make gold deliveries and make additional payments as described below provides PDK with certain remedies, including termination of the agreement, demand for early payment of the entire delivery obligations, and enforcement of foreclosure rights against the assets pledged as security under the agreement. Due to the delinquent status of the deliveries and PDK’s rights under the default provisions of the Purchase Agreement, the Company has classified the entire liability balance owing as current on the balance sheets. The Company has received no notice of default on the Purchase Agreement from PDK. In addition to the delivery of gold ounces, the Purchase Agreement contains a royalty provision whereby royalties of 4% are due to PDK on gold and silver recovered from mining operations at the Kiewit site and sold by the Company to a third party. Royalties are payable within 30 days following the end of each fiscal quarter. To date, none has been remitted to PDK. Under the Purchase Agreement, the Company also pays a 5% withholding tax to the state of Utah on the PDK royalty payments. 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 payment due to PDK is based upon a percentage of proceeds over a set gold price per ounce. The upside participation amounts are payable within four days following each sale. To date, none has been remitted to PDK. The following is a summary of royalties and upside participation payable: September 30, December 31, 2022 2021 Royalties payable $ 567,982 $ 403,388 Royalties withholding payable 29,896 23,396 Upside participation payable 2,171,219 1,550,849 Total $ 2,769,097 $ 1,977,633 The Purchase Agreement provides for the Company to pay default interest (calculated at the rate of LIBOR plus 2%) on outstanding amounts due to PDK. The balance of accrued interest payable to PDK is $427,909 and $120,989 at September 30, 2022 and December 31, 2021, respectively.

Notes Payable

Notes Payable	9 Months Ended
	Sep. 30, 2022
Notes Payable [Abstract]
NOTES PAYABLE	NOTE 8 – NOTES PAYABLE The following is a summary of the notes payable: September 30, December 31, 2022 2021 Note payable to Miller, collateralized by land and two buildings, due in 11 monthly installments of $7,000, beginning December 1, 2021, and a balloon payment of $3,000 due on October 1, 2022, non-interest bearing. $ - $ 66,000 Note payable to Epiroc, collateralized by a used Epiroc drill due in 36 monthly payments of $14,679 including interest at 5.2%. 100,897 226,115 Note payable to Wheeler Machinery, collateralized by a used D8T dozer, due in monthly installments of $19,125, beginning August 2019, including interest at 9%. - 102,368 Note payable to Wheeler Machinery, collateralized by a used CAT 740 Haul Truck, due in 14 monthly installments of $14,475, beginning in July 2021, including interest at 7.48%. - 130,128 Note payable to Goodfellow, collateralized by a JM Conveyor, due in 19 monthly installments of $4,675, beginning in February 2021 including interest at 15%. - 18,900 100,897 543,511 Current portion (100,897 ) (427,413 ) Long term portion $ - $ 116,098 In February 2021, Wheeler CAT requested the return of the CAT 740 Haul truck (SN2293) because the Company was five payments delinquent in its obligation on the related note payable. This truck was then purchased from Wheeler CAT by a related party who in February began leasing the truck to the Company on a month-to-month rental. This arrangement relieved the Company of any other financial obligation on this note. The current portion of debt of $100,897 will be paid over the next seven months.

Asset Retirement Obligation

Asset Retirement Obligation	9 Months Ended
	Sep. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]
ASSET RETIREMENT OBLIGATION	NOTE 9 –ASSET RETIREMENT OBLIGATION Changes in the asset retirement obligation for the three and nine months ended September 30, 2022 and 2021 are as follows: Three months ended September 30, September 30, 2022 2021 Asset retirement obligation, beginning of period $ 1,429,365 $ 1,301,321 Accretion expense 33,536 30,487 Asset retirement obligation, end of period $ 1,462,901 $ 1,331,808 Nine months ended September 30, September 30, 2022 2021 Asset retirement obligation, beginning of period $ 1,362,294 $ 1,233,514 Obligation incurred: Kiewit properties - 6,833 Accretion expense 100,607 91,461 Asset retirement obligation, end of period $ 1,462,901 $ 1,331,808

Settlement of Consulting Contra

Settlement of Consulting Contract	9 Months Ended
	Sep. 30, 2022
Settlement of Consulting Contract [Abstract]
SETTLEMENT OF CONSULTING CONTRACT	NOTE 10 – 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. The Company negotiated a settlement in 2019 with H&H resulting in the Company owing a balance of $200,000 due in July 2020 to H&H. This payment has not yet been paid and is classified as a current liability at both September 30, 2022 and December 31, 2021.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 11 – 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 $4,500 and $4,500 for three months ended September 30, 2022 and 2021, respectively. The Company recognized rent expense of $13,500 and $13,500 for the nine months ended September 30, 2022 and 2021, respectively. At September 30, 2022 and December 31, 2021, no amounts were due to RMH Overhead, LLC for rent. On February 1, 2021, RMH Overhead, LLC. (“RMH”) an entity owned by Rick Havenstrite, President of the Company, purchased a CAT 740B Articulated Haul Truck from Wheeler CAT. This truck had previously been owned by the Company with an associated note payable to Wheeler CAT. See Note 5. Beginning February 1, 2021, the Company began renting this truck from RMH at a rate of $10,000 per month on a month-to-month rental . 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 an auto allowance and 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. For the three months ended September 30, 2022 and 2021, the Company paid Mr. Havenstrite $40,255 and $34,293, respectively. For the nine months ended September 30, 2022 and 2021, the Company paid Mr. Havenstrite $115,016 and $94,916, respectively . The amounts accrued at September 30, 2022 and December 31, 2021, is due to the officers of the Company as follows: September 30, December 31, 2022 2021 Rick Havenstrite, President $ 37,697 $ 37,697 Marianne Havenstrite, Treasurer and Principal Financial Officer 18,462 18,462 Total $ 56,159 $ 56,159 Directors’ fees The Company compensates independent directors for their contributions to the management of the Company, with one director receiving fees of $6,000 per month and another director receiving $5,000 per quarter. At September 30, 2022 and December 31, 2021, accrued compensation due to directors was $76,000 and $55,000 respectively.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 12– COMMITMENTS AND CONTINGENCIES Mining Leases Annual claims’ fees are currently $165 per claim plus administrative and school trust land fees. Total paid for claims fees during the three months ended September 30, 2022 and 2021 were $11,029 and $15,199, respectively. For the nine months ended September 30, 2022 and 2021, claims’ fees paid were $11,162 and 15,199, respectively. Claims fees are due in August for the year beginning in September of that year.

Capital Stock

Capital Stock	9 Months Ended
	Sep. 30, 2022
Capital Stock [Abstract]
CAPITAL STOCK	NOTE 13 - 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. During the nine months ended September 30, 2022 and 2021, the Company had no transactions relating to common stock. 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.

Stock Options

Stock Options	9 Months Ended
	Sep. 30, 2022
Stock Option Abstract
STOCK OPTIONS	NOTE 14 - 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 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 and vested options at September 30, 2022 and December 31, 2021 were 2,400,000. These options have an exercise price of $0.40, a remaining life of .40 years, and no intrinsic value. No options were granted, expired, or were exercised during the three- and nine months ended September 30, 2022 nor 2021.

Revenue

Revenue	9 Months Ended
	Sep. 30, 2022
Revenue [Abstract]
REVENUE	NOTE 15 – REVENUE Product sales for the three- and nine- months ended September 30, 2022 and 2021 are shown below: Three months ended Nine months ended 2022 2021 2022 2021 Concentrate sales Gold $ 1,389,897 $ 1,784,936 $ 4,061,437 $ 4,768,124 Silver 18,569 23,246 53,422 69,753 Total concentrate sales 1,408,466 1,808,182 4,114,859 4,837,877 Less: deductions to concentrate sales Royalties (59,304 ) (76,134 ) (173,257 ) (203,700 ) Upside participation payments (187,255 ) (266,175 ) (620,370 ) (717,714 ) Outside processing (69,053 ) (89,838 ) (193,349 ) (229,147 ) Subtotal – deductions to concentrate sales (315,612 ) (432,147 ) (986,976 ) (1,150,561 ) Net concentrate sales 1,092,854 1,376,035 3,127,883 3,687,316 Net processing income 158,757 753,755 1,130,186 2,190,250 TOTAL REVENUE $ 1,251,611 $ 2,129,790 $ 4,258,069 $ 5,877,566 For the three- and nine- months ended September 30, 2022 and 2021, all revenue from Concentrate sales was from concentrate sold to Asahi Refining. At September 30, 2022 and December 31, 2021, the balance due from Asahi Refining is $ Nil For the three- and nine- months ended September 30, 2022 and 2021, all revenue from Contract processing income was received from the outside company whose concentrate sales are to Asahi Refining . Nil

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 16– SUBSEQUENT EVENTS The Company anticipates modification to its operating permit in Winter 2022 which will require an increase in our bond deposit of $555,000. This amount was paid to Utah DOGM on November 1, 2022 in anticipation of receiving the permit modification prior to year-end 2022. The contract agreement with the outside company for which we were processing material was terminated in October 2022.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
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 (deficit), and cash flows as previously reported.
Earnings (Loss) Per Share	Earnings (Loss) Per Share Basic earnings (loss) per share includes no dilution and is computed by dividing net earnings (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 and nine months ended September 30, 2022 and 2021, 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 $18,833,089 through September 30, 2022 and net loss of $4,585,329 for the nine-month period ended September 30, 2022, along with negative working capital of $16,830,854 which raises substantial doubt about the Company’s ability to continue as a going concern. In addition, the Company has not delivered gold ounces as scheduled on its prepaid forward gold contract and could be subject to default provisions within the related agreement (see Note 7). The condensed interim 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 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. Management continues to seek new capital from equity securities issuances or other business arrangements to provide funds needed to increase liquidity, fund internal growth, and fully implement its business plan. The ability of the Company to continue as a going concern is dependent on the Company’s ability to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they are due.
COVID -19	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 the Company’s ability to retain and house employees and properly manage them 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. These disruptions continue to hamper operations. It is management’s belief that disruptions relating to COVID will be mitigated in the future as a large percent of the population becomes vaccinated. The effects of the continued outbreak of COVID-19 and related government responses could also include extended disruptions to supply chains and capital markets, reduced availability of contractors and a prolonged reduction in economic activity. These effects could have a variety of adverse impacts on the Company, including its ability to conduct operations. The Company has taken steps to mitigate the potential risks to suppliers and employees posed by the spread of COVID-19, including work from home policies where appropriate. The Company will continue to monitor developments affecting both its workforce and contractors and will take additional precautions as necessary. The ultimate impact of COVID-19 depends on factors beyond management’s knowledge or control, including its duration and third-party actions to contain its spread and mitigate its public health effects. Therefore, the Company cannot estimate the potential future impact to its financial position, results of operations and cash flows, but the impacts could be material.
New Accounting Pronouncements	New Accounting Pronouncements Accounting standards that have been issued or proposed by the Financial Accounting Standards Board (“FASB”) that do not require adoption until a future date are not expected to have a material impact on the financial statements upon adoption.

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Schedule of inventories	September 30, December 31, 2022 2021 Ore on leach pad $ 3,412,433 $ 5,488,902 Carbon column in process 193,866 119,461 Finished goods 11,698 146,251 3,617,997 5,754,614 Less long-term portion - (1,081,425 ) Total $ 3,617,997 $ 4,673,189

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	September 30, December 31, 2022 2021 Equipment $ 6,498,051 $ 6,461,263 Furniture and fixtures 6,981 6,981 Electronic and computer equipment 50,587 50,587 Vehicles 369,595 348,535 Buildings 100,000 100,000 Land and improvements 105,299 76,569 7,130,513 7,043,935 Less accumulated depreciation (4,238,657 ) (3,802,265 ) 2,891,856 3,241,670 Kiewit property facilities 2,497,436 2,497,436 Less accumulated amortization (888,307 ) (810,826 ) 1,609,129 1,686,610 Total $ 4,500,985 $ 4,928,280

Mineral Properties and Intere_2

Mineral Properties and Interests (Tables)	9 Months Ended
	Sep. 30, 2022
Mineral Industries Disclosures [Abstract]
Schedule of mineral properties and interests	September 30, December 31, 2022 2021 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 (852,000 ) (864,436 ) 3,098,000 3,085,564 Asset retirement obligation assets Kiewit Site 725,122 725,122 Kiewit Exploration 28,377 28,377 JJS property 31,016 31,016 Total 784,515 784,515 Less accumulated amortization (266,022 ) (190,427 ) 518,493 594,088 Total $ 3,616,493 $ 3,679,652

Prepaid Forward Gold Contract_2

Prepaid Forward Gold Contract Liability (Tables)	9 Months Ended
	Sep. 30, 2022
Prepaid Forward Gold Contract Liability Abstract
Schedule of company is obligated to deliver gold	Months Gold 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
Schedule of related contract expense	September 30, December 31, 2022 2021 Total ounces to be delivered 22,651 11,542 Contractual payment per ounce in lieu of delivery $ 500 $ 500 Amount due to PDK $ 11,325,500 $ 5,771,000 For the three months ended 2022 2021 Prepaid forward gold contract liability balance at beginning of period $ 8,262,715 $ 11,843,550 Forward gold contract balance associated with ounces to be delivered during period 883,334 576,444 Reduction in prepaid forward gold contract liability balance (2,094,000 ) (1,366,500 ) Prepaid forward gold contract liability balance at end of period $ 7,052,049 $ 11,053,494 For the nine months ended 2022 2021 Prepaid forward gold contract liability balance at beginning of period $ 10,263,438 $ 13,600,000 Forward gold contract balance associated with ounces to be delivered during period 2,343,111 1,857,994 Reduction in prepaid forward gold contract liability balance (5,554,500 ) (4,404,500 ) Prepaid forward gold contract liability balance at end of period $ 7,052,049 $ 11,053,494
Schedule of royalties, upside participation and interest payable	September 30, December 31, 2022 2021 Royalties payable $ 567,982 $ 403,388 Royalties withholding payable 29,896 23,396 Upside participation payable 2,171,219 1,550,849 Total $ 2,769,097 $ 1,977,633

Notes Payable (Tables)

Notes Payable (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Payable [Abstract]
Schedule of notes payable	September 30, December 31, 2022 2021 Note payable to Miller, collateralized by land and two buildings, due in 11 monthly installments of $7,000, beginning December 1, 2021, and a balloon payment of $3,000 due on October 1, 2022, non-interest bearing. $ - $ 66,000 Note payable to Epiroc, collateralized by a used Epiroc drill due in 36 monthly payments of $14,679 including interest at 5.2%. 100,897 226,115 Note payable to Wheeler Machinery, collateralized by a used D8T dozer, due in monthly installments of $19,125, beginning August 2019, including interest at 9%. - 102,368 Note payable to Wheeler Machinery, collateralized by a used CAT 740 Haul Truck, due in 14 monthly installments of $14,475, beginning in July 2021, including interest at 7.48%. - 130,128 Note payable to Goodfellow, collateralized by a JM Conveyor, due in 19 monthly installments of $4,675, beginning in February 2021 including interest at 15%. - 18,900 100,897 543,511 Current portion (100,897 ) (427,413 ) Long term portion $ - $ 116,098

Asset Retirement Obligation (Ta

Asset Retirement Obligation (Tables)	9 Months Ended
	Sep. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]
Schedule of asset retirement obligation	Three months ended September 30, September 30, 2022 2021 Asset retirement obligation, beginning of period $ 1,429,365 $ 1,301,321 Accretion expense 33,536 30,487 Asset retirement obligation, end of period $ 1,462,901 $ 1,331,808 Nine months ended September 30, September 30, 2022 2021 Asset retirement obligation, beginning of period $ 1,362,294 $ 1,233,514 Obligation incurred: Kiewit properties - 6,833 Accretion expense 100,607 91,461 Asset retirement obligation, end of period $ 1,462,901 $ 1,331,808

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Schedule of amounts accrued	September 30, December 31, 2022 2021 Rick Havenstrite, President $ 37,697 $ 37,697 Marianne Havenstrite, Treasurer and Principal Financial Officer 18,462 18,462 Total $ 56,159 $ 56,159

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2022
Revenue [Abstract]
Schedule of product sales	Three months ended Nine months ended 2022 2021 2022 2021 Concentrate sales Gold $ 1,389,897 $ 1,784,936 $ 4,061,437 $ 4,768,124 Silver 18,569 23,246 53,422 69,753 Total concentrate sales 1,408,466 1,808,182 4,114,859 4,837,877 Less: deductions to concentrate sales Royalties (59,304 ) (76,134 ) (173,257 ) (203,700 ) Upside participation payments (187,255 ) (266,175 ) (620,370 ) (717,714 ) Outside processing (69,053 ) (89,838 ) (193,349 ) (229,147 ) Subtotal – deductions to concentrate sales (315,612 ) (432,147 ) (986,976 ) (1,150,561 ) Net concentrate sales 1,092,854 1,376,035 3,127,883 3,687,316 Net processing income 158,757 753,755 1,130,186 2,190,250 TOTAL REVENUE $ 1,251,611 $ 2,129,790 $ 4,258,069 $ 5,877,566

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Details) - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Accounting Policies [Abstract]
Outstanding stock options were excluded	2,400,000			2,400,000			2,400,000	2,400,000
Accumulated deficit (in Dollars)	$ (18,833,089)						$ (18,833,089)		$ (14,247,760)
Net loss (in Dollars)	(1,945,537)	$ (1,302,565)	$ (1,337,227)	$ (331,945)	$ (525,077)	$ (1,544,464)	(4,585,329)	$ (2,401,486)
Working capital (in Dollars)	$ 16,830,854						$ 16,830,854

Reclamation Bonds (Details)

Reclamation Bonds (Details) - USD ($)	Sep. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Reclamation Bonds Abstract
Surety bond in escrow account	$ 674,000		$ 674,000
Properties escalated from amount		$ 89,000
Reclamation cost	$ 1,036,296		$ 947,116

Inventories (Details)

Inventories (Details) - USD ($)	Sep. 30, 2022	Sep. 30, 2021
Inventory Disclosure [Abstract]
General production and project costs	$ 2,049,961	$ 1,265,018

Inventories (Details) - Schedul

Inventories (Details) - Schedule of inventories - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Schedule Of Inventories Abstract
Ore on leach pad	$ 3,412,433	$ 5,488,902
Carbon column in process	193,866	119,461
Finished goods	11,698	146,251
Inventory gross	3,617,997	5,754,614
Less long-term portion		(1,081,425)
Total	$ 3,617,997	$ 4,673,189

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Property and Equipment (Details) [Line Items]
Amortization expense		$ 20,412	$ 78,121	$ 38,170
Depreciation expense	160,619	$ 222,804	513,460	$ 658,337
Net carrying value of equipment	290,889		290,889
Outstanding note payable	86,806		86,806
Loss on disposal			204,083
HP3 Crushing System [Member]
Property and Equipment (Details) [Line Items]
Accrued rent payable	158,000		158,000
HP4 Crushing System [Member]
Property and Equipment (Details) [Line Items]
Accrued rent payable	$ 215,510		$ 215,510

Property and Equipment (Detai_2

Property and Equipment (Details) - Schedule of property and equipment - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Less accumulated depreciation	$ (888,307)	$ (810,826)
Property and equipment, Total	4,500,985	4,928,280
Property, Plant and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	7,130,513	7,043,935
Less accumulated depreciation	(4,238,657)	(3,802,265)
Property and equipment, Total	2,891,856	3,241,670
Equipment [Member] | Property, Plant and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	6,498,051	6,461,263
Furniture and fixtures [Member] | Property, Plant and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	6,981	6,981
Electronic and computer equipment [Member] | Property, Plant and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	50,587	50,587
Vehicles [Member] | Property, Plant and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	369,595	348,535
Buildings [Member] | Property, Plant and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	100,000	100,000
Land and Improvements [Member] | Property, Plant and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	105,299	76,569
Kiewit property facilities [Member] | Property, Plant and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	2,497,436	2,497,436
Kiewit property facilities [Member] | Total [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Total	$ 1,609,129	$ 1,686,610

Mineral Properties and Intere_3

Mineral Properties and Interests (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Mineral Industries Disclosures [Abstract]
Payments to Acquire Mineral Rights		$ 57,739	$ 63,159	$ 107,972
Joint venture agreement, description			The Company is required to pay a 4% net smelter royalty (“NSR”) to PDK Utah Holdings, LP (“PDK”) on revenues of gold and silver from the Kiewit gold property and the JJS properties.

Mineral Properties and Intere_4

Mineral Properties and Interests (Details) - Schedule of mineral properties and interests - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Schedule Of Mineral Properties And Interests 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	(852,000)	(864,436)
Total	3,098,000	3,085,564
Asset retirement obligation assets
Kiewit Site	725,122	725,122
Kiewit Exploration	28,377	28,377
JJS property	31,016	31,016
Total	784,515	784,515
Less accumulated amortization	(266,022)	(190,427)
Mineral properties after accumulated depletion	518,493	594,088
Total	$ 3,616,493	$ 3,679,652

Prepaid Forward Gold Contract_3

Prepaid Forward Gold Contract Liability (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2019	Dec. 31, 2021
Prepaid Forward Gold Contract Liability (Details) [Line Items]
Common shares (in Shares)	8,000
Cumulative	$ 22,651		$ 11,542
Per ounce (in Dollars per share)	$ 500
Interest payable	$ 427,909		$ 120,989
PDK [Member]
Prepaid Forward Gold Contract Liability (Details) [Line Items]
Original purchase agreement		Under the terms of the Purchase Agreement, as amended, PDK agreed to purchase a total of 47,045 ounces of gold from the Company.
Per month ounce rate		$ 500
Debt received net amount		$ 13,600,000
Purchase agreement, description	In addition to the delivery of gold ounces, the Purchase Agreement contains a royalty provision whereby royalties of 4% are due to PDK on gold and silver recovered from mining operations at the Kiewit site and sold by the Company to a third party. Royalties are payable within 30 days following the end of each fiscal quarter. To date, none has been remitted to PDK. Under the Purchase Agreement, the Company also pays a 5% withholding tax to the state of Utah on the PDK royalty payments. 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 payment due to PDK is based upon a percentage of proceeds over a set gold price per ounce. The upside participation amounts are payable within four days following each sale. To date, none has been remitted to PDK.
Interest rate	2%

Prepaid Forward Gold Contract_4

Prepaid Forward Gold Contract Liability (Details) - Schedule of company is obligated to deliver gold	Sep. 30, 2022
Prepaid Forward Gold Contract Liability (Details) - Schedule of company is obligated to deliver gold [Line Items]
Total Gold Ounces	47,045
December 2020 [Member]
Prepaid Forward Gold Contract Liability (Details) - Schedule of company is obligated to deliver gold [Line Items]
Gold Ounces per Month	655
Total Gold Ounces	655
January 2021 to March 2021 [Member]
Prepaid Forward Gold Contract Liability (Details) - Schedule of company is obligated to deliver gold [Line Items]
Gold Ounces per Month	896
Total Gold Ounces	2,688
April 2021 to March 2022 [Member]
Prepaid Forward Gold Contract Liability (Details) - Schedule of company is obligated to deliver gold [Line Items]
Gold Ounces per Month	911
Total Gold Ounces	10,932
April 2022 to March 2023 [Member]
Prepaid Forward Gold Contract Liability (Details) - Schedule of company is obligated to deliver gold [Line Items]
Gold Ounces per Month	1,396
Total Gold Ounces	16,752
April 2023 to December 2023 [Member]
Prepaid Forward Gold Contract Liability (Details) - Schedule of company is obligated to deliver gold [Line Items]
Gold Ounces per Month	1,753
Total Gold Ounces	15,777
January 2024 [Member]
Prepaid Forward Gold Contract Liability (Details) - Schedule of company is obligated to deliver gold [Line Items]
Gold Ounces per Month	241
Total Gold Ounces	241

Prepaid Forward Gold Contract_5

Prepaid Forward Gold Contract Liability (Details) - Schedule of related contract expense - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Schedule Of Related Contract Expense Abstract
Total ounces to be delivered	$ 22,651		$ 22,651		$ 11,542
Contractual payment per ounce in lieu of delivery			500		500
Amount due to PDK	11,325,500		11,325,500		$ 5,771,000
Prepaid forward gold contract liability balance at beginning of period	8,262,715	$ 11,843,550	10,263,438	$ 13,600,000
Forward gold contract balance associated with ounces to be delivered during period	883,334	576,444	2,343,111	1,857,994
Reduction in prepaid forward gold contract liability balance	(2,094,000)	(1,366,500)	(5,554,500)	(4,404,500)
Prepaid forward gold contract liability balance at end of period	$ 7,052,049	$ 11,053,494	$ 7,052,049	$ 11,053,494

Prepaid Forward Gold Contract_6

Prepaid Forward Gold Contract Liability (Details) - Schedule of royalties, upside participation and interest payable - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Schedule Of Royalties Upside Participation And Interest Payable Abstract
Royalties payable	$ 567,982	$ 403,388
Royalties withholding payable	29,896	23,396
Upside participation payable	2,171,219	1,550,849
Total	$ 2,769,097	$ 1,977,633

Notes Payable (Details)

Notes Payable (Details)	Sep. 30, 2022 USD ($)
Notes Payable [Abstract]
Current portion of debt	$ 100,897

Notes Payable (Details) - Sched

Notes Payable (Details) - Schedule of notes payable - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Notes Payable (Details) - Schedule of notes payable [Line Items]
Total Principal amount	$ 100,897	$ 543,511
Current portion	(100,897)	(427,413)
Long term portion		116,098
Note payable to Miller [Member]
Notes Payable (Details) - Schedule of notes payable [Line Items]
Note payable		66,000
Note Payable to Epiroc [Member]
Notes Payable (Details) - Schedule of notes payable [Line Items]
Note payable	100,897	226,115
Note Payable to Wheeler Machinery [Member]
Notes Payable (Details) - Schedule of notes payable [Line Items]
Note payable		102,368
Note Payable to Wheeler Machinery one [Member]
Notes Payable (Details) - Schedule of notes payable [Line Items]
Note payable		130,128
Note Payable to Goodfellow [Member]
Notes Payable (Details) - Schedule of notes payable [Line Items]
Note payable		$ 18,900

Notes Payable (Details) - Sch_2

Notes Payable (Details) - Schedule of notes payable (Parentheticals)	9 Months Ended
	Sep. 30, 2022 USD ($)
Note payable to Miller [Member]
Notes Payable (Details) - Schedule of notes payable (Parentheticals) [Line Items]
Number of installments | Installments	11
Installments amount (in Dollars)	$ 7,000
Maturity date	Oct. 01, 2022
Balloon payment (in Dollars)	$ 3,000
Note Payable to Epiroc [Member]
Notes Payable (Details) - Schedule of notes payable (Parentheticals) [Line Items]
Number of installments | Installments	36
Installments amount (in Dollars)	$ 14,679
Interest rate percentage	5.20%
Note Payable to Wheeler Machinery [Member]
Notes Payable (Details) - Schedule of notes payable (Parentheticals) [Line Items]
Installments amount (in Dollars)	$ 19,125
Interest rate percentage	9%
Note Payable to Wheeler Machinery one [Member]
Notes Payable (Details) - Schedule of notes payable (Parentheticals) [Line Items]
Number of installments | Installments	14
Installments amount (in Dollars)	$ 14,475
Maturity date	Aug. 31, 2022
Balloon payment (in Dollars)	$ 18,185
Interest rate percentage	7.48%
Note Payable to Goodfellow [Member]
Notes Payable (Details) - Schedule of notes payable (Parentheticals) [Line Items]
Number of installments | Installments	19
Installments amount (in Dollars)	$ 4,675
Maturity date	Feb. 28, 2021
Interest rate percentage	15%

Asset Retirement Obligation (De

Asset Retirement Obligation (Details) - Schedule of asset retirement obligation - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Schedule Of Asset Retirement Obligation Abstract
Asset retirement obligation, beginning of period	$ 1,429,365	$ 1,301,321	$ 1,362,294	$ 1,233,514
Obligation incurred: Kiewit properties		6,833		6,833
Accretion expense	33,536	30,487	100,607	91,461
Asset retirement obligation, end of period	$ 1,462,901	$ 1,331,808	$ 1,462,901	$ 1,331,808

Settlement of Consulting Cont_2

Settlement of Consulting Contract (Details)	1 Months Ended
	Mar. 29, 2018 USD ($)
Settlement of Consulting Contract [Abstract]
Owing balance	$ 200,000

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)		3 Months Ended		9 Months Ended
	Jun. 01, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Related Party Transactions (Details) [Line Items]
Rent expense		$ 4,500	$ 4,500	$ 13,500	$ 13,500
Associated note payable, description				This truck had previously been owned by the Company with an associated note payable to Wheeler CAT. See Note 5. Beginning February 1, 2021, the Company began renting this truck from RMH at a rate of $10,000 per month on a month-to-month rental. At September 30, 2022, $5,000 is due to RMH for rent of this equipment, and this amount is included in accounts payable and accrued expenses on the balance sheet.
Rent expenses	$ 5,000
Payments of employees				$ 144,000
Company paid		40,255	$ 34,293	115,016	$ 94,916
One Director [Member]
Related Party Transactions (Details) [Line Items]
Fees received				6,000
Another Director [Member]
Related Party Transactions (Details) [Line Items]
Fees received				5,000
Director [Member]
Related Party Transactions (Details) [Line Items]
Accrued compensation		$ 76,000		$ 76,000		$ 55,000

Related Party Transactions (D_2

Related Party Transactions (Details) - Schedule of amounts accrued - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Schedule Of Amounts Accrued Abstract
Rick Havenstrite, President	$ 37,697	$ 37,697
Marianne Havenstrite, Treasurer and Principal Financial Officer	18,462	18,462
Total	$ 56,159	$ 56,159

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Commitments and Contingencies (Details) [Line Items]
Claim fees	$ 11,029	$ 15,199	$ 11,162	$ 15,199
Mining Lease [Member]
Commitments and Contingencies (Details) [Line Items]
Annual claims fees			$ 165

Capital Stock (Details)

Capital Stock (Details) - $ / shares	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Capital Stock (Details) [Line Items]
Common stock shares, authorized	100,000,000	100,000,000
Common stock, voting rights	one
Percentage of common stock	50%
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common Stock [Member]
Capital Stock (Details) [Line Items]
Common stock shares, authorized	100,000,000
Preferred Stock [Member]
Capital Stock (Details) [Line Items]
Preferred stock, shares authorized	10,000,000

Stock Options (Details)

Stock Options (Details) - $ / shares	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Stock Options (Details) [Line Items]
Outstanding and vested options	2,400,000	2,400,000
Exercise price (in Dollars per share)	$ 0.4
Remaining life of options	40 years
Stock Incentive Plan [Member]
Stock Options (Details) [Line Items]
Reserved shares	2,400,000

Revenue (Details)

Revenue (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Revenue [Abstract]
Revenue from concentrate sales		$ 265,444
Due from contract processing income	$ 11,141

Revenue (Details) - Schedule of

Revenue (Details) - Schedule of product sales - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Concentrate sales
Total concentrate sales	$ 1,408,466	$ 1,808,182	$ 4,114,859	$ 4,837,877
Royalties	(59,304)	(76,134)	(173,257)	(203,700)
Upside participation payments	(187,255)	(266,175)	(620,370)	(717,714)
Outside processing	(69,053)	(89,838)	(193,349)	(229,147)
Subtotal – deductions to concentrate sales	(315,612)	(432,147)	(986,976)	(1,150,561)
Net concentrate sales	1,092,854	1,376,035	3,127,883	3,687,316
Net processing income	158,757	753,755	1,130,186	2,190,250
TOTAL REVENUE	1,251,611	2,129,790	4,258,069	5,877,566
Gold [Member]
Concentrate sales
Total concentrate sales	1,389,897	1,784,936	4,061,437	4,768,124
Silver [Member]
Concentrate sales
Total concentrate sales	$ 18,569	$ 23,246	$ 53,422	$ 69,753

Subsequent Events (Details)

Subsequent Events (Details)	Sep. 30, 2022 USD ($)
Subsequent Events [Abstract]
Bond deposit	$ 555,000