Western Uranium & Vanadium (WSTRF) 10-K 31 Mar 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2017	Jun. 30, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	Western Uranium Corp
Entity Central Index Key	1,621,906
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 8,817,309
Entity Common Stock, Shares Outstanding		19,574,709

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash	$ 791,814	$ 214,482
Prepaid expenses	80,734	119,656
Marketable securities	2,976	2,880
Restricted cash	215,976
Other current assets	22,047	15,774
Total current assets	1,113,547	352,792
Land, buildings and improvements		1,050,810
Restricted cash	820,357	1,036,286
Mineral properties	11,645,218	11,645,218
Ablation intellectual property	9,488,051	9,488,051
Total assets	23,067,173	23,573,157
Current liabilities:
Accounts payable and accrued liabilities	769,907	825,101
Mortgage payable		1,051,000
Deferred contingent consideration, current		500,000
Subscription payable		198,298
Reclamation liability, current	215,976
Current portion of notes payable	183,125	490,193
Total current liabilities	1,169,008	3,064,592
Reclamation liability	187,663	220,129
Deferred tax liability	4,063,330	4,063,330
Deferred contingent consideration, non current	372,000
Notes payable, net of discount and current portion	468,368	449,984
Total liabilities	6,260,369	7,798,035
Shareholders' Equity
Common stock, no par value, unlimited authorized shares, 18,886,497 and 16,230,733 shares issued and outstanding as of December 31, 2016 and 2015, respectively	20,927,360	17,658,042
Subscription receivable	(28,429)
Accumulated deficit	(4,125,855)	(1,951,564)
Accumulated other comprehensive income	33,728	68,644
Total shareholders' equity	16,806,804	15,775,122
Total liabilities and shareholders' equity	$ 23,067,173	$ 23,573,157

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Common stock, no par value
Common stock, shares authorized	Unlimited	Unlimited
Common stock, shares issued	18,886,497	16,230,733
Common stock, shares outstanding	18,886,497	16,230,733

Consolidated Statements of Oper

Consolidated Statements of Operations and Other Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Expenses
Mining expenditures	$ 389,832	$ 457,212
Professional fees	704,837	379,093
General and administrative	546,607	403,993
Consulting fees	359,026	233,022
Unrealized foreign exchange gain	(128,000)
Loss from operations	(1,872,302)	(1,473,320)
Interest expense, net	301,989	114,639
Net loss	(2,174,291)	(1,587,959)
Other comprehensive (loss) income
Foreign exchange	(34,916)	70,830
Comprehensive loss	$ (2,209,207)	$ (1,517,129)
Loss per share - basic and diluted	$ (0.13)	$ (0.12)
Weighted average shares outstanding, basic and diluted	17,045,568	13,206,726

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($)	Total	Common Shares	Subscription	Accumulated Deficit	Accumulated Other Comprehensive Income
Balance at Dec. 31, 2014	$ 1,268,791	$ 1,634,582		$ (363,605)	$ (2,186)
Balance, shares at Dec. 31, 2014		11,396,924
Sale of 640,000 common shares on February 4, 2015 in private placement, net of expenses of $99,809	1,353,793	$ 1,353,793
Sale of 640,000 common shares on February 4, 2015 in private placement, net of expenses of $99,809, shares		640,000
Issuance of 4,193,809 common shares to sellers of Black Range	14,237,331	$ 14,237,331
Foreign exchange gain	70,830				70,830
Issuance of options to purchase 271,996 shares of common stock, in connection with the acquisition of Black Range	432,336	432,336
Net loss for the year	(1,587,959)			(1,587,959)
Balance at Dec. 31, 2015	$ 15,775,122	$ 17,658,042		(1,951,564)	68,644
Balance, shares at Dec. 31, 2015		16,230,733
Issuance of 4,193,809 common shares to sellers of Black Range, shares	4,193,809
Sale of 101,009 common shares on January 4, 2016 in private placement	$ 216,534	$ 216,534
Sale of 101,009 common shares on January 4, 2016 in private placement, shares		101,009
Sale of 465,357 units in April and May of 2016 in private placement	622,174	$ 622,174
Sale of 465,357 units in April and May of 2016 in private placement, shares		465,347
Sale of 1,078,458 units on September 2, 2016 in private placement	1,407,841	$ 1,407,841
Sale of 1,078,458 units on September 2, 2016 in private placement, shares		1,078,458
Sale of 1,010,950 units on December 30, 2016 in private placement	842,018	$ 870,447	(28,429)
Sale of 1,010,950 units on December 30, 2016 in private placement, shares		1,010,950
Stock based compensation - amortization of stock option expense	152,322	$ 153,322
Foreign exchange loss	(34,916)				(34,916)
Net loss for the year	(2,174,291)			(2,174,291)
Balance at Dec. 31, 2016	$ 16,806,804	$ 20,927,360	$ (28,429)	$ (4,125,855)	$ 33,728
Balance, shares at Dec. 31, 2016		18,886,497

Consolidated Statements of Sha6

Consolidated Statements of Shareholders' Equity (Parenthetical) - USD ($)	Dec. 30, 2016	Sep. 02, 2016	Jan. 04, 2016	Feb. 04, 2015	May 31, 2016	Apr. 30, 2016	Dec. 31, 2015
Common Stock
Issuance of options to purchase shares of common stock							271,996
Private Placement
Sale of private placement units	1,010,950	1,078,458	101,009	640,000	465,347	465,347
Net expenses on sale of common stock				$ 99,809

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash Flows From Operating Activities:
Net loss	$ (2,174,291)	$ (1,587,959)
Reconciliation of net loss to cash used in operating activities:
Impairment of property and equipment		94,000
Accretion of reclamation liability	183,510	30,674
Amortization of debt discount on notes payable	51,316	16,503
Share-based Compensation	152,322
Change in foreign exchange on marketable securities	(96)	568
Change in operating assets and liabilities:
Prepaid expenses and other current assets	32,602	6,821
Accounts payable and accrued liabilities	(55,384)	240,085
Deferred Contingent Consideration	(128,000)
Net cash used in operating activities	(1,938,021)	(1,199,308)
Cash Flows From Investing Activities:
Purchases of property and equipment		(19,810)
Acquisition of Black Range - cash acquired		4,190
Advance on Credit Facility to Black Range		(363,074)
Net cash used in investing activities		(378,694)
Cash Flows From Financing Activities:
Payment of Nueco Note	(90,000)	(253,346)
Payment of Siebels Note	(350,000)
Issuance of Common stock, net of offering costs	2,890,269	1,353,793
Proceeds from Subscription Payable		198,298
Proceeds from Siebels Note	100,000	250,000
Net cash provided by financing activities	2,550,269	1,548,745
Effect of foreign exchange rate on cash	(34,916)	70,830
Net increase in cash	577,332	41,573
Cash - beginning	214,482	172,909
Cash - ending	791,814	214,482
Cash paid during the period for:
Interest	15,000	15,000
Taxes
Net assets purchased:
Current assets		23,486
Mineral properties		10,100,000
Ablation intellectual property		9,488,051
Restricted cash		382,362
Land, buildings and improvements		1,125,000
Accounts payable and accrued liabilities		(396,145)
Mortgage and notes payable		(1,051,000)
Credit Facility - Western		(363,074)
Deferred tax liability		(4,063,330)
Reclamation liability		(75,683)
Deferred exercise price payable		(500,000)
Total purchase price consideration		14,669,667
Less: cash paid to purchase the mining assets
Non-cash consideration		14,669,667
Non-cash consideration consisted of:
Fair value of 4,193,809 shares of Western common stock issued to the former stockholders of Black Range		14,237,331
Fair value of options to purchase 271,996 shares of Western common stock issued to directors and consultants of Black Range		432,336
Non-cash consideration		$ 14,669,667

Consolidated Statements of Cas8

Consolidated Statements of Cash Flows (Parenthetical)	12 Months Ended
	Dec. 31, 2016shares
Statement of Cash Flows [Abstract]
Fair value of shares of western common stock issued to the former stockholders of Black Range	4,193,809
Fair value of options to purchase shares of western common stock issued to directors and consultants of Black Range	271,996

Business

Business	12 Months Ended
	Dec. 31, 2016
Business [Abstract]
BUSINESS	NOTE 1 - BUSINESS Nature of operations Western Uranium Corporation ("Western” or the “Company") was incorporated in December 2006 under the Ontario Business Corporations Act. On November 20, 2014, the Company completed a listing process on the Canadian Securities Exchange ("CSE"). As part of that process, the Company acquired 100% of the members' interests of Pinon Ridge Mining LLC ("PRM"), a Delaware limited liability company. The transaction constituted a reverse takeover ("RTO") of Western by PRM. Subsequent to obtaining appropriate shareholder approvals, the Company reconstituted its Board of Directors and senior management team. Effective September 16, 2015, Western completed its acquisition of Black Range Minerals Limited (“Black Range”) ( see Note 5) The Company has registered offices at 10 King Street East, Suite 700, Toronto, Ontario, Canada, M5C 1C3 and its common shares are listed on the CSE under the symbol "WUC." On April 22, 2016, the Company’s shares of common stock began trading on the OTC Pink Open Market, and on May 23, 2016, the Company’s common stock was approved for the commencement of trading on the OTCQX Best Market. Its principal business activity is the acquisition and development of uranium resource properties in the states of Utah and Colorado in the United States of America (“United States”). On June 28, 2016, the Company’s registration statement became effective and Western became a United States. reporting issuer. Thereafter, the Company was approved for Depository Trust Company eligibility through the Depository Trust and Clearing Corporation, which facilitates electronic book-entry delivery, settlement and depository services for shares in the United States. Reverse Takeover Transaction On November 20, 2014, Western, through its wholly-owned United States subsidiary Western Uranium Corporation, which was incorporated in Utah (“Western US”), acquired 100% of the members' interests of PRM. The transaction formed the basis for the Company obtaining a public listing on the CSE. To effect the transaction, Western issued 11,000,000 post-consolidation common shares in exchange for all the issued and outstanding securities of PRM. PRM is a Delaware limited liability company with an indefinite term, which was formed on March 10, 2014 for the purpose of purchasing and operating uranium mines in Utah and Colorado. On August 18, 2014, the Company closed on the purchase of certain mining properties from Energy Fuels Holding Corp. (“EFHC”). The transaction constituted an RTO of Western and has been accounted for as PRM acquiring Western. It has been treated as an issuance of shares by PRM for the net monetary assets of Western. The transaction therefore has been accounted for as a capital transaction, with PRM being identified as the accounting acquirer. The resulting consolidated financial statements have been presented as a continuance of PRM's financial statements. The results of operations, cash flows and the assets and liabilities of Western have been included in these consolidated financial statements since November 20, 2014, the acquisition date.

Liquidity and Going Concern

Liquidity and Going Concern	12 Months Ended
	Dec. 31, 2016
Liquidity and Going Concern [Abstract]
LIQUIDITY AND GOING CONCERN	NOTE 2 – LIQUIDITY AND GOING CONCERN The Company has incurred continuing losses from its operations and as of December 31, 2016 the Company had an accumulated deficit of $4,125,855 and a working capital deficiency of $55,461. Since inception, the Company has met its liquidity requirements principally through the issuance of notes and the sale of its shares of common stock. The Company’s ability to continue its operations and to pay its obligations when they become due is contingent upon the Company obtaining additional financing. Management’s plans include seeking to procure additional funds through debt and equity financings, to secure regulatory approval to fully utilize its ablation technology and to initiate the processing of ore to generate operating cash flows. There are no assurances that the Company will be able to raise capital on terms acceptable to the Company or at all, or that cash flows generated from its operations will be sufficient to meet its current operating costs and required debt service. If the Company is unable to obtain sufficient amounts of additional capital, it may be required to reduce the scope of its planned product development, which could harm its financial condition and operating results, or it may not be able to continue to fund its ongoing operations. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. These consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties. During the year ended December 31, 2016, the Company raised USD $3,088,567 in net proceeds from the issuance of 2,655,764 units in private placements. Each unit contains one common share and a warrant for the purchase of one common share with exercise prices ranging from CAD $2.60 to CAD $3.50(USD $1.93 to USD $2.60 as of December 31, 2016) ( see Note 10 On March 31, 2017, the Company completed a private placement of 634,424 units at a price of CAD $1.75 (USD $1.35) per unit for gross proceeds of CAD $1,110,263 (USD $835,805). Each unit consists of one share of the Company’s common stock and a warrant for the purchase of one share of the Company’s common stock. Each warrant is immediately exercisable at a price of CAD $3.25 and expires five years from the date of issuance.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Principles of Consolidation These consolidated financial statements are presented in United States dollars and have been prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”). The accompanying consolidated financial statements include the accounts of Western and its wholly-owned subsidiaries, Western US, PRM, Black Range, Black Range Copper Inc., Ranger Resources Inc., Black Range Minerals Inc., Black Range Minerals Colorado LLC, Black Range Minerals Wyoming LLC, Haggerty Resources LLC, Ranger Alaska LLC, Black Range Minerals Utah LLC, Black Range Minerals Ablation Holdings Inc. and Black Range Development Utah LLC. All significant inter-company transactions and balances have been eliminated upon consolidation. The Company has established the existence of mineralized materials for certain uranium projects. The Company has not established proven or probable reserves, as defined by the United States Securities and Exchange Commission (the “SEC”) under Industry Guide 7, through the completion of a “final” or “bankable” feasibility study for any of its uranium projects. Exploration Stage In accordance with U.S. GAAP, expenditures relating to the acquisition of mineral rights are initially capitalized as incurred while exploration and pre-extraction expenditures are expensed as incurred until such time the Company exits the Exploration Stage by establishing proven or probable reserves. Expenditures relating to exploration activities such as drill programs to search for additional mineralized materials are expensed as incurred. Expenditures relating to pre-extraction activities such as the construction of mine wellfields, ion exchange facilities and disposal wells are expensed as incurred until such time proven or probable reserves are established for that uranium project, after which subsequent expenditures relating to mine development activities for that particular project are capitalized as incurred. Companies in the Production Stage as defined under Industry Guide 7, having established proven and probable reserves and exited the Exploration Stage, typically capitalize expenditures relating to ongoing development activities, with corresponding depletion calculated over proven and probable reserves using the units-of-production method and allocated to future reporting periods to inventory and, as that inventory is sold, to cost of goods sold. The Company is in the Exploration Stage which has resulted in the Company reporting larger losses than if it had been in the Production Stage due to the expensing, instead of capitalizing, of expenditures relating to ongoing mill and mine development activities. Additionally, there would be no corresponding amortization allocated to future reporting periods of the Company since those costs would have been expensed previously, resulting in both lower inventory costs and cost of goods sold and results of operations with higher gross profits and lower losses than if the Company had been in the Production Stage. Any capitalized costs, such as expenditures relating to the acquisition of mineral rights, are depleted over the estimated extraction life using the straight-line method. As a result, the Company’s consolidated financial statements may not be directly comparable to the financial statements of companies in the Production Stage. Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities at the date of the financial statements and revenues and expenses during the periods reported. By their nature, these estimates are subject to measurement uncertainty and the effects on the financial statements of changes in such estimates in future periods could be significant. Significant areas requiring management's estimates and assumptions include determining the fair value of transactions involving common stock, assessment of the useful life and evaluation for impairment of intangible assets, valuation and impairment assessments on mineral properties, deferred contingent consideration, and the reclamation liability, valuation of stock-based compensation, valuation of available-for-sale securities and valuation of long-term debt. Other areas requiring estimates include allocations of expenditures, depletion and amortization of mineral rights and properties. Actual results could differ from those estimates. Foreign Currency Translation The reporting currency of the Company, including its subsidiaries, is the United States dollar. The financial statements of subsidiaries located outside of the U.S. are measured in their functional currency, which is the local currency. The functional currency of the parent (Western Uranium Corporation (Ontario)) is the Canadian dollar. Monetary assets and liabilities of these subsidiaries are translated at the exchange rates at the balance sheet date. Income and expense items are translated using average monthly exchange rates. Non-monetary assets are translated at their historical exchange rates. Translation adjustments are included in accumulated other comprehensive loss in the consolidated balance sheets. Segment Information The Company determines its reporting units in accordance with FASB ASC 280, " Segment Reporting Cash and Cash Equivalents The Company considers all highly-liquid instruments with an original maturity of three months or less at the time of issuance to be cash equivalents. As of December 31, 2016 and 2015, the company had no cash equivalents. Marketable Securities The Company classifies its marketable securities as available-for-sale securities, which are carried at their fair value based on the quoted market prices of the securities with unrealized gains and losses reported as accumulated comprehensive income (loss), a separate component of shareholders’ equity. Realized gains and losses on available-for-sale securities are included in net earnings in the period earned or incurred. Restricted Cash Certain cash balances are restricted as they relate to deposits with banks that have been assigned to state reclamation authorities in the United States to secure various reclamation guarantees with respect to mineral properties in Utah, Alaska and Colorado. As these funds are not available for general corporate purposes and secure the long term reclamation liability (see Note 6) Fair Values of Financial Instruments The carrying amounts of cash and cash equivalents, marketable securities, accounts payable and accrued expenses, mortgage payable, and notes payable. The carrying amounts of cash and cash equivalents, accounts payable and accrued liabilities approximate fair value due to the short-term nature of these instruments. Marketable securities are adjusted to fair value at each balance sheet date based on quoted prices which are considered level 1 inputs. The reclamation deposits, which are reflected in restricted cash on the consolidated balance sheets, are deposits mainly invested in certificates of deposit at major financial institutions and their fair values were estimated to approximate their carrying values. The Company's operations and financing activities are conducted primarily in United States dollars and as a result, the Company is not subject to significant exposure to market risks from changes in foreign currency rates. The Company is exposed to credit risk through its cash and restricted cash, but mitigates this risk by keeping these deposits at major financial institutions. ASC 820 “Fair Value Measurements and Disclosures” provides the framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). Fair value is defined as an exit price, representing the amount that would be received upon the sale of an asset or payment to transfer a liability in an orderly transaction between market participants. Fair value is a market-based measurement that is determined based on assumptions that market participants would use in pricing an asset or liability. A three-tier fair value hierarchy is used to prioritize the inputs in measuring fair value as follows: Level 1 Quoted prices in active markets for identical assets or liabilities. Level 2 Quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable, either directly or indirectly. Level 3 Significant unobservable inputs that cannot be corroborated by market data. The fair value of financial instruments in the Company’s consolidated financial statements at December 31, 2016 and 2015 are as follows: Quoted Prices in Quoted Prices Significant Marketable securities at December 31, 2016 $ 2,976 $ - $ - Marketable securities at December 31, 2015 $ 2,880 $ - $ - Mineral Properties Acquisition costs of mineral properties are capitalized as incurred while exploration and pre-extraction expenditures are expensed as incurred until such time the Company exits the Exploration Stage by establishing proven or probable reserves, as defined by the SEC under Industry Guide 7, through the completion of a “final” or “bankable” feasibility study. Expenditures relating to exploration activities are expensed as incurred and expenditures relating to pre-extraction activities are expensed as incurred until such time proven or probable reserves are established for that project, after which subsequent expenditures relating to development activities for that particular project are capitalized as incurred. Where proven and probable reserves have been established, the project’s capitalized expenditures are depleted over proven and probable reserves upon commencement of production using the units-of-production method. Where proven and probable reserves have not been established, such capitalized expenditures are depleted over the estimated production life upon commencement of extraction using the straight-line method. The Company has not established proven or probable reserves for any of its projects. The carrying values of the mineral properties are assessed for impairment by management. Impairment of Long-Lived Assets The Company reviews and evaluates its long-lived assets for impairment when events or changes in circumstances indicate that the related carrying amounts may not be recoverable. Impairment is considered to exist if the total estimated future cash flows on an undiscounted basis are less than the carrying amount of the assets. An impairment loss is measured and recorded based on discounted estimated future cash flows or upon an estimate of fair value that may be received in an exchange transaction. Future cash flows are estimated based on estimated quantities of recoverable minerals, expected U3O8 prices (considering current and historical prices, trends and related factors), production levels, operating costs of production and capital and restoration and reclamation costs, based upon the projected remaining future uranium production from each project. The Company’s long-lived assets (which include its mineral assets and ablation intellectual property) were acquired during the end of 2014 and in 2015 in arms-length transactions. As of December 31, 2016, the Company evaluated the total estimated future cash flows on an undiscounted basis for its mineral properties and ablation intellectual property and determined that no impairment was deemed to exist. Estimates and assumptions used to assess recoverability of the Company’s long-lived assets and measure fair value of our uranium properties are subject to risk uncertainty. Changes in these estimates and assumptions could result in the impairment of its long-lived assets. In estimating future cash flows, assets are grouped at the lowest level for which there are identifiable cash flows that are largely independent of future cash flows from other asset groups. Income Taxes The Company utilizes an asset and liability approach for financial accounting and reporting for income taxes. The provision for income taxes is based upon income or loss after adjustment for those permanent items that are not considered in the determination of taxable income. Deferred income taxes represent the tax effects of differences between the financial reporting and tax basis of the Company’s assets and liabilities at the enacted tax rates in effect for the years in which the differences are expected to reverse. The Company evaluates the recoverability of deferred tax assets and establishes a valuation allowance when it is more likely than not that some portion or all the deferred tax assets will not be realized. Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In management’s opinion, adequate provisions for income taxes have been made. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary. Tax benefits are recognized only for tax positions that are more likely than not to be sustained upon examination by tax authorities. The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely to be realized upon settlement. A liability for “unrecognized tax benefits” is recorded for any tax benefits claimed in the Company’s tax returns that do not meet these recognition and measurement standards. As of December 31, 2016 and 2015, no liability for unrecognized tax benefits was required to be reported. The Company’s policy for recording interest and penalties associated with tax audits is to record such items as a component of general and administrative expense. There were no amounts accrued for penalties and interest for the years ended December 31, 2016 and 2015. The Company does not expect its uncertain tax position to change during the next twelve months. Management is currently unaware of any issues under review that could result in significant payments, accruals or material deviations from its position. The Company has identified its federal tax return and its state tax returns in Colorado and Utah as its “major” tax jurisdictions, and such returns for the years 2014 through 2016 remain subject to examination. Restoration and Remediation Costs (Asset Retirement Obligations) Various federal and state mining laws and regulations require the Company to reclaim the surface areas and restore underground water quality for its mine projects to the pre-existing mine area average quality after the completion of mining. Future reclamation and remediation costs, which include extraction equipment removal and environmental remediation, are accrued at the end of each period based on management's best estimate of the costs expected to be incurred for each project. Such estimates are determined by the Company's engineering studies which consider the costs of future surface and groundwater activities, current regulations, actual expenses incurred, and technology and industry standards. In accordance with ASC 410, Asset Retirement and Environmental Obligations, the Company capitalizes the measured fair value of asset retirement obligations to mineral properties. The asset retirement obligations are accreted to an undiscounted value until the time at which they are expected to be settled. The accretion expense is charged to earnings and the actual retirement costs are recorded against the asset retirement obligations when incurred. Any difference between the recorded asset retirement obligations and the actual retirement costs incurred will be recorded as a gain or loss in the period of settlement. At each reporting period, the Company reviews the assumptions used to estimate the expected cash flows required to settle the asset retirement obligations, including changes in estimated probabilities, amounts and timing of the settlement of the asset retirement obligations, as well as changes in the legal obligation requirements at each of its mineral properties. Changes in any one or more of these assumptions may cause revision of asset retirement obligations for the corresponding assets. Deferred Financing Costs Deferred financing costs represent costs incurred in connection with the issuance of debt. Once the associated debt instrument is issued, these costs would be recorded as a debt discount and amortized to interest expense using the effective interest method over the term of the related debt instrument. Upon the abandonment of a pending financing transaction, the related deferred financing costs would be charged to general and administrative expense. The Company may also issue warrants or other equity instruments in connection with the issuance of debt instruments. The equity instruments are recorded at their relative fair market value on the date of issuance which results in a debt discount which is amortized to interest expense using the effective interest method. Stock-Based Compensation The Company follows ASC 718, Compensation - Stock Compensation, which addresses the accounting for stock-based payment transactions, requiring such transactions to be accounted for using the fair value method. Awards of shares for property or services are recorded at the more readily measurable of the fair value of the stock and the fair value of the service. The Company uses the Black-Scholes option-pricing model to determine the grant date fair value of stock-based awards under ASC 718. The fair value is charged to earnings depending on the terms and conditions of the award, and the nature of the relationship of the recipient of the award to the Company. The Company records the grant date fair value in line with the period over which it was earned. For employees and management, this is typically considered to be the vesting period of the award. For consultants the fair value of the award is recorded over the term of the service period, and unvested amounts are revalued at each reporting period over the service period. The Company estimates the expected forfeitures and updates the valuation accordingly. Loss per Share Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of stock options and warrants (using the treasury stock method). The computation of basic loss per share for the years ended December 31 2016 and 2015 excludes potentially dilutive securities. The computations of net loss per share for each period presented is the same for both basic and fully diluted. Potentially dilutive securities outlined in the table below have been excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive. For the Year Ended 2016 2015 Warrants to purchase shares of common stock 2,655,764 - Options to purchase shares of common stock 1,346,996 271,996 Total potentially dilutive securities 4,002,760 271,996

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Dec. 31, 2016
Recent Accounting Pronouncements [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 4 – RECENT ACCOUNTING PRONOUNCEMENTS In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2014-09, "Revenue from Contracts with Customers" (Topic 606) (“ASU 2014-09”), which supersedes the revenue recognition requirements in ASC Topic 605, "Revenue Recognition," and most industry-specific guidance. ASU No. 2014-09 is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments, and assets recognized from costs incurred to obtain or fulfill a contract. The amendments in the ASU must be applied using one of two retrospective methods and are effective for annual and interim periods beginning after December 15, 2016. On July 9, 2015, the FASB modified ASU 2014-09 to be effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. As modified, the FASB permits the adoption of the new revenue standard early, but not before the annual periods beginning after December 15, 2016. A public organization would apply the new revenue standard to all interim reporting periods within the year of adoption. The Company does not yet have revenues. The Company is currently evaluating the impact the adoption of this ASU will have on the Company’s consolidated financial position and results of operations. On February 25, 2016, the FASB issued ASU 2016-02, Leases (Topic 842). This update will require organizations that lease assets to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. The new guidance will also require additional disclosures about the amount, timing and uncertainty of cash flows arising from leases. The provisions of this update are effective for annual and interim periods beginning after December 15, 2018. The Company is currently evaluating the impact the adoption of this ASU will have on the Company’s consolidated financial position and results of operations. On March 30, 2016, the FASB issued ASU No. 2016-09, “Compensation – Stock Compensation (Topic 718)”. This update requires that all excess tax benefits and tax deficiencies arising from share-based payment awards should be recognized as income tax expense or benefit on the income statement. The amendment also states that excess tax benefits should be classified along with other income tax cash flows as an operating activity. In addition, an entity can make an entity-wide accounting policy election to either estimate the number of awards expected to vest or account for forfeitures as they occur. The provisions of this update are effective for annual and interim periods beginning after December 15, 2016. The Company has determined that the adoption of this standard will not have a material impact on its consolidated financial statements. The Company is currently evaluating the impact the adoption of this ASU will have on the Company’s consolidated financial position and results of operations. In April 2016, the FASB issued ASU No. 2016-10 “Revenue from Contracts with Customers (Topic 606)”,“Identifying Performance Obligations and Licensing” (“ASU 2016-10”). ASU 2016-10 clarifies the following two aspects of Topic 606: identifying performance obligations and the licensing implementation guidance, while retaining the related principles for those areas. The provisions of this update are effective for annual and interim periods beginning after December 15, 2017, with early application permitted. The Company will evaluate the effects, if any, that adoption of this guidance will have on its consolidated financial statements. The Company is currently evaluating the impact the adoption of this ASU will have on the Company’s consolidated financial position and results of operations. In May 2016, the FASB issued Topic ASU No. 2016-12 “Revenue from Contracts with Customers (Topic 606)”, “Narrow-Scope Improvements and Practical Expedients” (“ASU 2016-12”). The core principal of ASU 2016-12 is the recognition of revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The provisions of this update are effective for annual and interim periods beginning after December 15, 2017, with early application permitted. The Company will evaluate the effects, if any, that adoption of this guidance will have on its consolidated financial statements. The Company is currently evaluating the impact the adoption of this ASU will have on the Company’s consolidated financial position and results of operations. In June 2016 the FASB issued Topic ASU No. 2016-13 “Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments (Topic 326)” (“ASU 2016-13”). ASU 2016-13 changes the impairment model for most financial assets. The new model uses a forward-looking expected loss method, which will generally result in earlier recognition of allowances for losses. ASU 2016-13 is effective for annual and interim periods beginning after December 15, 2019 and early adoption is permitted for annual and interim period beginning after December 15, 2018. The Company is currently evaluating the impact the adoption of this ASU will have on the Company’s consolidated financial position and results of operations. In August 2016 the FASB issued Topic ASU No. 2016-15 “Statement of Cash Flows (Topic 230) – Classification of Certain Cash Receipts and Cash Payments” (“ASU 2016-15”). ASU 2016-15 clarifies diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The update to the standard is effective for the Company beginning January 1, 2018, with early application permitted. The Company is currently evaluating the effect the guidance will have on its consolidated financial statements. The Company is currently evaluating the impact the adoption of this ASU will have on the Company’s consolidated financial position and results of operations. In November 2016, the FASB issued ASU No. 2016-18, “Statement of Cash Flows (Topic 230): Restricted Cash” (“ASU 2016-18”). ASU 2016-18 amends the classification and presentation of changes in restricted cash or restricted cash equivalents in the statement of cash flows. ASU 2016-18 is effective for the Company’s fiscal year beginning January 1, 2018. Early adoption is permitted. The Company is currently evaluating the effect the guidance will have on its consolidated financial statements. The Company is currently evaluating the impact the adoption of this ASU will have on the Company’s consolidated financial position and results of operations. In December 2016, the FASB issued ASU No.2016-19, “Technical Corrections and Improvements”, to clarify the codification, correct unintended application of guidance, or make minor improvements to the accounting standards codification that are not expected to have a significant effect on current accounting practice or create a significant administrative cost to most entities. For public companies, the standard is effectively immediately for amendments that do not have transition guidance. Amendments that are subject to transition guidance, the effective date is interim and annual reporting periods beginning after December 15, 2016. The Company adopted the standard immediately upon issuance for amendments that do not have transition guidance. The adoption of the standard did not have an impact on the Company’s consolidated financial statements In December 2016, the FASB issued ASU No. 2016-20. “Technical Corrections and Improvements to Topic 606. Revenue from Contracts with Customers”. This update is a comprehensive revenue recognition standard that applies to all entities that have contracts with customers, except for those that fall within the scope of other standards, such as insurance contracts. The amendment also clarifies narrow aspects of ASC 606 or corrects unintended application of the guidance. The update is now effective for interim and annual reporting periods beginning after December 15, 2017. In January 2017, the FASB issued ASU No. 2017-01. “Business Combinations (Topic 805):, Clarifying the Definition of a Business (“ASU 2017-01”). ASU 2017-01 provides a more robust framework to use in determining when a set of assets and activities is a business. Also the amendments provide more consistency in applying the guidance, reducing the costs of application, and make the definition of a business more operable. The guidance is effective for public companies for annual periods beginning after December 15, 2017, including interim periods within those periods. The Company is currently evaluating the impact the adoption of this ASU will have on the Company’s consolidated financial position and results of operations.

Acquisition of Black Range

Acquisition of Black Range	12 Months Ended
	Dec. 31, 2016
Acquisition of Black Range [Abstract]
ACQUISITION OF BLACK RANGE	NOTE 5 - ACQUISITION OF BLACK RANGE On September 16, 2015 (“Black Range Acquisition Date”), Western completed its acquisition of Black Range, an Australian company that was listed on the Australian Securities Exchange until the acquisition was completed. The acquisition terms were pursuant to a definitive Merger Implementation Agreement entered into between Western and Black Range. Pursuant to the agreement, Western acquired all of the issued shares of Black Range by way of Scheme of Arrangement under the Australian Corporation Act 2001 (Cth) In connection with the Black Range Transaction, Western acquired the net assets of Black Range. These net assets consist principally of interests in a complex of uranium mines located in Colorado (the “Hansen-Taylor Complex”) and a 100% interest in a license expiring March 16, 2040 for ablation mining technologies and related patents from Ablation Technologies, LLC (“Ablation Technologies”). The Hansen-Taylor Complex is principally a sandstone-hosted deposit that was discovered in 1977 which was permitted for mining in 1981. Ablation is a low cost, purely physical method of concentrating mineralization of uranium ore by applying a grain-size separation process to ore slurries. As Black Range did not qualify as a business, the Black Range Transaction did not constitute a business combination. It was treated as an issuance of shares and stock options by Western for the net monetary assets of Black Range. The transaction therefore was accounted for as an asset purchase, with Western being identified as the accounting acquirer and the equity consideration measured at fair value. The results of operations, cash flows and the assets and liabilities of Black Range have been included in these consolidated financial statements since September 16, 2015, the acquisition date. The following details the allocation of the purchase price consideration to the assets and liabilities acquired: Cash $ 4,190 Prepaid permit and other costs 19,296 Mineral properties 10,100,000 Ablation intellectual property 9,488,051 Land, buildings and improvements 1,125,000 Restricted cash 382,362 Accounts payable and accrued liabilities (396,145 ) Mortgage payable (1,051,000 ) Credit Facility (363,074 ) Deferred contingent consideration (500,000 ) Deferred tax liability (4,063,330 ) Reclamation liability (75,683 ) Total $ 14,669,667 Purchase price consideration: Fair value of 4,173,299 shares of Western common stock issued to the former stockholders of Black Range $ 14,167,703 Fair value of 20,510 shares of Western common stock issued to directors and consultants of Black Range 69,628 Fair value of 271,996 Western stock options issued to directors and consultants of Black Range 432,336 $ 14,669,667 Mortgage In connection with the Black Range Transaction, Western assumed a mortgage secured by land, building and improvements at 1450 North 7 Mile Road, Casper, Wyoming, with interest payable at 8.00% and payable in monthly payments of $11,085 with the final balance of $1,044,015 due as a balloon payment on January 16, 2016. The Company did not pay the mortgage on its due date. On May 26, 2016, the Company executed agreements with the mortgage holder whereby in an equal exchange the mortgage was exchanged for the land, building and improvements with which it was secured ( see Note 9 Credit facility In March 2015, Western agreed to provide a secured credit facility to Black Range providing for loans up to AUD $450,000 (the “Credit Facility”). On September 1, 2015, the Credit Facility was increased by $100,000 to $550,000 and the term was extended to October 1, 2015. The terms of which included the following: (1) Interest accrued at 8.00% per annum; (2) loans under the Credit Facility were secured by Black Range’s assets to the extent permitted by law and subject to any requisite third party consents; and (3) The loans under the Credit Facility were deemed satisfied in connection with the consummation of the Black Range Transaction. On September 16, 2015, upon consummation of the Black Range Transaction, the Company assumed and subsequently settled the outstanding obligations under the Credit Facility. Deferred Contingent Consideration Prior to the Black Range Transaction, George Glasier, the Company’s CEO, who is also a director (“Seller”), transferred his interest in a former joint venture with Ablation Technologies to Black Range. In connection with the transfer, Black Range issued 25 million shares of Black Range common stock to Seller and committed to pay AUD $500,000 (USD $372,000) to Seller within 60 days of the first commercial application of the ablation technology. Western assumed this contingent payment obligation in connection with the Black Range Transaction. At the Black Range Acquisition Date, this contingent obligation was determined to be probable. Since the deferred contingent consideration obligation is probable and the amount estimable, the Company recorded the deferred contingent consideration as an assumed liability. Reclamation Liabilities In connection with the Black Range Transaction, the Company assumed the reclamation liabilities imposed by law on the mineral properties. The Company has estimated that the gross reclamation liability as of September 16, 2015 was $382,386, and expects to begin incurring the liability after 2055. The Company discounted the liability for time at a discount rate of 5.4% and calculated the net discounted value to be $75,683, such amount is subject to revisions. The gross reclamation liability is secured by certificates of deposit. Options to Acquire Additional Interests within the Hansen-Taylor Complex In connection with the Black Range Transaction, the Company assumed two options to acquire additional mineral interests within the Hansen-Taylor Complex. Pursuant to the option and exploration agreement between Black Range and STB Minerals LLC (“STB”) dated February 18, 2011, and as amended and extended, expiring on July 28, 2017, an exclusive option to acquire STB’s 51% mineral interest in the Hansen Deposit requiring upon exercise, a payment of $2,000,000 in cash and the issuance of shares of the Company’s common stock equal in value to $3,750,000. 180 days following this initial cash payment and issuance of shares, the Company is required to issue additional shares of the Company’s common stock equal in value to $3,750,000. Additionally, the Company will pay STB a perpetual royalty of 1.5%. Pursuant to an amended and restated option agreement dated July 17, 2009, between Black Range and NZ Minerals, LLC (“NZ”), the Company has the right to acquire NZ’s 24.5% mineral interest in the Hansen Deposit. At any time before the earlier of twenty years from the date of the option agreement or commencement of commercial scale production, the Company is required to pay $2,000,000 in cash and to issue shares of the Company’s common stock equal in value to $2,000,000. Additionally, the Company will pay to NZ a perpetual royalty of 1.176%.

Mineral Assets, Ablation Intell

Mineral Assets, Ablation Intellectual Property and Other Property	12 Months Ended
	Dec. 31, 2016
Mineral Assets, Ablation Intellectual Property and Other Property [Abstract]
MINERAL ASSETS, ABLATION INTELLECTUAL PROPERTY AND OTHER PROPERTY	NOTE 6 - MINERAL ASSETS, ABLATION INTELLECTUAL PROPERTY AND OTHER PROPERTY On August 18, 2014, the Company purchased mining assets in an arm's length transaction. The mining assets include both owned and leased land in the states of Utah and Colorado. All of the mining assets represent properties which have previously been mined to different degrees for uranium. As the Company has not formally established proven or probable reserves on any of its properties, there is greater inherent uncertainty as to whether or not any mineralized material can be economically extracted as originally planned and anticipated. The Company’s mining properties acquired on August 18, 2014, include: San Rafael Uranium Project located in Emery County, Utah; The Sunday Mine Complex located in western San Miguel County, Colorado; The Van 4 Mine located in western Montrose County, Colorado; The Yellow Cat Project located in eastern Grand County, Utah; The Farmer Girl Mine project located in Montrose County, Colorado; The Sage Mine project located in San Juan County, Utah, and San Miguel County, Colorado. On September 16, 2015, in connection with the Black Range Transaction, the Company acquired additional mineral properties. The mining properties acquired through Black Range include leased land in the states of Colorado, Utah, Wyoming and Alaska. None of these mining properties were operational at the date of acquisition. As these properties have not formally established proven or probable reserves, there may be greater inherent uncertainty as to whether or not any mineralized material can be economically extracted as originally planned and anticipated. The Company’s mining properties acquired on September 16, 2015, include Hansen, North Hansen, High Park, Hansen Picnic Tree, Taylor Ranch, Boyer Ranch, located in Fremont County, Colorado. The Company also acquired Jonesville Coal located in Palmer Recording District, Alaska and Keota located in Weld County, Wyoming. On June 1, 2016, Black Range entered into an agreement with Ferris-Haggarty Mining Corporation to transfer all available data, information, materials, reports, assay analysis, or other regarding the Ferris-Haggarty Copper Project in Carbon County, WY from 2006 through 2009. In exchange Black Range Minerals Inc. received 100,000 Common Class A Voting shares of Ferris-Haggarty Mining Corporation. The transaction is deemed to lack commercial substance because neither the fair value of the data relinquished nor the fair value of the shares are determinable within reasonable limits, given that there is no market for the data and that the Company does not have enough information to reliably determine a value for the shares. Since the exchange of data for shares of Ferris-Haggarty lacks commercial substance, the value of the exchange will be based on the recorded value of the asset relinquished (the data), which is $0. During July and October, 2016, the Company elected not to renew leases relating to four projects that were either obtained through the acquisition of mining properties from Energy Fuels Holding Corp or acquisition of Black Range. The decision to not renew these four leases was based upon a number of factors, the most significant of which were the location of the projects, the development stage of each project, and the lower grades and lesser amounts of vanadium and uranium identified at each of these projects. The forfeiture of these leases has no material adverse impact on the fair value of the Company’s mining assets. The Company’s mining and mining related assets consist of the following: As of December 31, 2016 2015 Land, building and improvements $ - $ 1,050,810 Mineral properties $ 11,645,218 $ 11,645,218 Ablation intellectual property $ 9,488,051 $ 9,488,051 Reclamation Liabilities The Company’s mines are subject to certain asset retirement obligations, which the Company has recorded as reclamation liabilities. The reclamation liabilities of the United States mines are subject to legal and regulatory requirements, and estimates of the costs of reclamation are reviewed periodically by the applicable regulatory authorities. The reclamation liability represents the Company’s best estimate of the present value of future reclamation costs in connection with the mineral properties. The Company determined the gross reclamation liabilities of the mineral properties at December 31, 2016 and, 2015 to be approximately $1,036,333 and $1,036,333, respectively. During the years ended December 31, 2016 and 2015, the accretion of the reclamation liabilities was $183,510 and $34,674, respectively. Except in regard to its Alaska coal mine property (as discussed below), the Company expects to begin incurring the reclamation liability after 2054 and accordingly, has discounted the gross liabilities over their remaining life using a discount rate of 5.4% to a net discounted value as of December 31, 2016 and 2015 of $403,639 and $220,129, respectively. The gross reclamation liabilities as of December 31, 2016 are secured by certificates of deposit in the amount of $1,036,333. During the second quarter of 2016, the Company initiated actions to cancel its coal mining leases in Alaska. In connection therewith, the Company notified the state of Alaska of its intent to forfeit the posted bond in satisfaction of the reclamation liabilities at the site. In response to the Company’s notification, the Company received notification that the state of Alaska was initiating forfeiture of the Company’s performance bond for reclamation. However, the notice indicated an additional surety bond of $150,000 in excess of the $210,500 cash bond which had been posted by the Company upon purchase of the property. The Company and its advisors do not believe that it is obligated for this additional amount of claimed reclamation obligation. The Company is working with its legal counsel and the State of Alaska to resolve this matter. The Company has not recorded an additional $150,000 obligation as the Company does not expect, based on the advice of legal counsel, to be obligated to an amount greater than that presently reflected in the reclamation liability. During the year ended December 31, 2016, the Company adjusted the fair value of its reclamation obligation and for the Alaska mine, accreted an incremental change of $172,543 to bring its reclamation liability to face value. The portion of the reclamation liability related to the Alaska mine, and its related restricted cash are included in current liabilities and current assets respectively, at values of $215,976 and $215,976. On January 20, 2017, the state of Alaska notified the Company that its reclamation bond had been forfeited and that it was unlikely that any additional amount would be due to Alaska pursuant to the Company’s reclamation obligations. For the years ended 2016 2015 Beginning balance $ 220,129 $ 113,772 Acquisition of Black Range - 75,683 Accretion 183,510 30,674 Ending Balance $ 403,639 $ 220,129

Accounts Payable and Accrued Li

Accounts Payable and Accrued Liabilities	12 Months Ended
	Dec. 31, 2016
Accounts Payables and Accrued Liabilities [Abstract]
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	NOTE 7 - ACCOUNTS PAYABLE AND ACCRUED LIABILITIES As of December 31, 2016 2015 Trade accounts payable $ 547,254 $ 520,530 Accrued liabilities 222,653 304,571 $ 769,907 $ 825,101

Notes Payable

Notes Payable	12 Months Ended
	Dec. 31, 2016
Notes Payable & Mortgage [Abstract]
NOTES PAYABLE	NOTE 8 - NOTES PAYABLE EFHC Note On August 18, 2014, in connection with the purchase of the mining properties, the Company entered into a note payable with Energy Fuels Holding Corporation (“EFHC”) (the “EFHC Note”) for $500,000. The EFHC Note bears interest at a rate of 3.0% per annum and is secured by a first priority interest in certain of the Company’s mining assets. On the date of the purchase, the Company recorded the EFHC Note net of a discount for interest of $73,971 at a rate of 4% per annum, resulting in a total effective interest rate of 7% per annum. The discount is being amortized using the effective interest method over the life of the loan. All principal on the EFHC Note is due and payable on August 18, 2018 and interest on the EFHC Note is due and payable annually beginning August 18, 2015. Nueco Note On August 18, 2014, also in connection with the purchase of the mining properties, the Company entered into a Note Assumption Agreement with EFHC and Nuclear Energy Corporation (“Nueco”), whereby the Company assumed all of the obligations of EFHC under its note payable with Nueco (the “Nueco Note”). The Nueco Note bears no stated interest rate and is secured by certain of the Company’s mining assets. On the date of the purchase, the Company recorded the Nueco Note net of a discount for interest of $23,724 at a rate of 7% per annum. The discount is being amortized using the effective interest method over the life of the loan. The Nueco payment due on December 20, 2014 in the amount of $250,180 was made on January 5, 2015 without penalty other than additional interest at 6% per annum. As of December 31, 2015, the Nueco Note had a remaining obligation outstanding of $250,180, the due date of which was extended to January 13, 2016. In connection with the extension, the Company agreed to add interest from the date of October 13, 2015 until the date paid at the annual rate of one percent (1%) per annum. On February 8, 2016, the Company and the lender agreed to further extend the maturity of the Nueco Note to June 2016. In consideration for the extension the Company increased the principal amount by 10% (or $25,384), increased the interest rate to 6% per annum and paid a $5,000 fee that did not reduce the interest or principal. On June 20, 2016, the Company further extended the maturity of the Nueco Note to July 31, 2016. In consideration for the extension, the Company paid a $5,000 fee that did not reduce the interest or principal on the Nueco Note. On August 8, 2016, accrued interest was paid in the amount of $13,477. On August 16, 2016, the Company further extended the maturity of the Nueco Note to November 16, 2016. In consideration for the extension, the Company paid a fee of $10,000 which did not reduce the interest or principal on the Nueco Note. Further, a principal payment of $90,000 was made on August 23, 2016, which reduced the outstanding principal amount to $185,564. The August 16, 2016 extension was accounted for as a modification, and as such, the extension fees were accounted for as additional debt discount and were amortized over the remaining extended term of the note. On November 29, 2016, the Company and the lender agreed to further extend the maturity of the Nueco Note to January 31, 2017. In consideration for the extension, the Company paid a $5,000 fee that did not reduce the principal or interest on the Nueco Note. The Company also made a payment of $5,155, which represented interest on the Nueco Note through January 31, 2017. On February 1, 2017, the Company and lender agreed to further extend the maturity of the Nueco Note to the earlier of (a) five days after the next closing of a private placement; or (b) April 15, 2017. In consideration for the extension, the Company paid to the lender a payment in the amount of $100,000 which represented (i) a principal reduction of $85,564; (ii) $1,186 for a prepayment of interest through April 15, 2017; and (iii) a payment of $13,250 which is a fee which does not reduce the principal or interest on the Nueco Note. On March 31, 2017, the Company repaid the Nueco Note in full. Siebels Note On September 30, 2015 the Company entered into a note payable (“Siebels Note”) with The Siebels Hard Asset Fund, Ltd. (“Siebels”) for $250,000, which was fully funded on October 14, 2015. The Siebels Note bears interest at a rate of 16.0% per annum and was to mature on December 15, 2015. On December 16, 2015 the Company and the lender agreed to extend the maturity of the Siebels Note until June 16, 2016. In consideration for the extension of the repayment, the accrued interest at the time of extension of $8,333 was reclassified to principal, bringing the principal of the Siebels Note to $258,423. Also in consideration for such extension the interest rate was increased to 18% per annum. The Company did not repay the note upon its maturity on June 16, 2016. On July 29, 2016, a partial principal payment in the amount of $100,000 was made and on September 9, 2016, a partial principal payment in the amount of $50,000 was made. After the remittance of the aforementioned principal payments, the balance remaining outstanding was $108,423. On December 29, 2016, the Company repaid the Siebels Note in full. On February 22, 2016, the Company entered into a second note payable with Siebels for $100,000. The note bore interest at a rate of 18.0% per annum and matured on April 22, 2016. On April 28, 2016, the Company repaid this note in full. Notes payable consisted of: As of December 31, 2016 Principal Discount Balance, Net Current Non-Current EFHC $ 500,000 $ 31,632 $ 468,368 $ - $ 468,368 Nueco 185,564 2,439 183,125 183,125 - Total $ 685,564 $ 34,071 $ 651,493 $ 183,125 $ 468,368 As of December 31, 2015 Principal Discount Balance, Net Current Non-Current EFHC $ 500,000 $ 50,016 $ 449,984 $ - $ 449,984 Nueco 250,180 - 250,180 250,180 - Siebels 240,013 - 240,013 240,013 - Total $ 990,193 $ 50,016 $ 940,177 $ 490,193 $ 449,984 The Company’s total interest expense, net, consisted of: For the Years Ended 2016 2015 Interest expense, notes payable $ 71,301 $ 58,067 Amortization of discount on notes payable 51,316 28,872 Accretion of reclamation liabilities 183,510 27,700 Interest income (4,138 ) - Interest expense, net $ 301,989 $ 114,639

Mortgage

Mortgage	12 Months Ended
	Dec. 31, 2016
Notes Payable & Mortgage [Abstract]
MORTGAGE	NOTE 9 - MORTGAGE In connection with the acquisition of Black Range, Western assumed a mortgage secured by land, building and improvements at 1450 North 7 Mile Road, Casper, Wyoming, with interest payable at 8.00% and payable in monthly payments of $11,085 with the final balance of $1,044,015 due as a balloon payment on January 16, 2016. The Company did not make the final balloon payment as scheduled. On May 26, 2016, the Company executed agreements with the mortgage holder whereby in an equal exchange the mortgage was exchanged for the land, building and improvements with which it was secured, and pursuant to which no future financial consideration is required.

Share Capital and Other Equity

Share Capital and Other Equity Instruments	12 Months Ended
	Dec. 31, 2016
Share Capital and Other Equity Instruments [Abstract]
SHARE CAPITAL AND OTHER EQUITY INSTRUMENTS	NOTE 10 - SHARE CAPITAL AND OTHER EQUITY INSTRUMENTS Authorized Capital The holders of the Company’s common stock are entitled to one vote per share. Holders of common stock are entitled to receive ratably such dividends, if any, as may be declared by the board of directors out of legally available funds. Upon the liquidation, dissolution, or winding up of the Company, holders of common stock are entitled to share rateably in all assets of the Company that are legally available for distribution. As of December 31, 2016 and 2015, an unlimited number of common shares were authorized for issuance. Private Placements On January 4, 2016, the Company completed a private placement raising gross proceeds of CAD $300,000 (USD $216,534) through the subscription for 101,009 common shares at a price of CAD $2.97 (USD $2.14) per common share, and warrants to purchase an aggregate of 101,009 common shares at an exercise price of CAD $3.50 (USD $2.60 as of December 31, 2016). The warrants are exercisable immediately upon issuance and have a term of five years. Of the total amount received, CAD $275,000 (USD $198,298) was received in December of 2015 while the remainder CAD $25,000 (USD $18,236) was received in the three months ended March 31, 2016. As of December 31, 2015, the Company accounted for the proceeds of $198,298 as subscriptions payable. During April 2016, the Company initiated a private placement offering for the sale of units of its securities for a price per unit of CAD $1.70 (USD $1.34). Each unit consists of one share of the Company’s common stock and one warrant to purchase a share of common stock at CAD $2.60 (USD $1.93 as of December 31, 2016) per share, with a term of five years. During April and May 2016 the Company raised gross and net proceeds of CAD $791,090 (USD $622,174) through the issuance of 465,347 units. On September 2, 2016 the Company completed a private placement issuing 1,078,458 units at CAD $1.70 (USD $1.32) per unit for total gross proceeds of CAD $1,833,378 (USD $1,423,618) and net proceeds of CAD $1,830,029 (USD $1,407,841). Each unit consists of one common share of the Company and one warrant at an exercise price of CAD $2.80 (USD $2.08 as of December 31, 2016) which expire five years after the date of issuance. During December 2016, the Company completed a private placement and issued 1,010,950 units at CAD $1.20 (USD $.90) per unit for total gross proceeds of CAD $1,213,140 (USD $909,855) and total net proceeds of CAD $1,129,922 (USD $870,447). Each unit consists of one common share of the Company and one warrant at an exercise price of CAD $2.80 (USD $2.08 as of December 31, 2016) which expires five years after the date of issuance. In connection with this private placement, the Company issued 40,276 broker warrants with identical terms to the warrants included in the units issued in the private placement. During the year ended December 31, 2016, the Company issued 2,655,764 shares of common stock in connection with these private placements. Incentive Stock Option Plan The Company maintains an Incentive Stock Option Plan (the “Plan”) that permits the granting of stock options as incentive compensation. Shareholders of the Company approved the Plan on June 30, 2008 and amendments to the Plan on June 20, 2013, and the Board of Directors approved additional changes to the Plan on September 12, 2015. The purpose of the Plan is to attract, retain and motivate directors, management, staff and consultants by providing them with the opportunity, through stock options, to acquire a proprietary interest in the Company and benefit from its growth. The Plan provides that the aggregate number of common shares for which stock options may be granted will not exceed 10% of the issued and outstanding common shares at the time stock options are granted. At December 31, 2016, a total of 18,886,497 common shares were outstanding, and at that date the maximum number of stock options eligible for issue under the Plan was 1,888,650. At December 31, 2015, a total of 16,230,733 common shares were outstanding, and at that date the maximum number of stock options eligible for issue under the Plan was 1,623,073 (10% of the issued and outstanding common shares). Stock Option Grants In connection with the acquisition of Black Range on September 16, 2015, the Board of Directors granted options under the Plan for the purchase of 271,996 shares of common stock to certain of the former directors, employees and consultants of Black Range. On the date of grant, these options were fully vested, had a weighted average exercise price of CAD $6.39 (USD $4.82) and a weighted average remaining contractual life of 3.52 years and had a grant date fair value of $1.59 per share. On October 4, 2016, the Company granted options under the Plan for the purchase of an aggregate of 1,075,000 shares of common stock to ten individuals consisting of officers, consultants, directors and employees of the Company. The options have a five year term, an exercise price of CAD $2.50 (USD $1.90), and vest equally in thirds commencing initially on the date of grant and thereafter on October 31, 2016, and March 31, 2017. Stock Options Number of Shares Weighted Average Exercise Price Weighted Average Contractual Life (years) Weighted Average Grant Date Fair Value Intrinsic Value Outstanding - January 1, 2016 271,996 $ 4.82 $ 1.59 Granted 1,075,000 $ 1.90 $ 0.27 Expired, forfeited, or cancelled - - Exercised - - Outstanding December 31, 2016 1,346,996 $ 2.37 4.28 $ 0.53 $ - Exercisable, December 31, 2016 988,663 $ 2.57 4.11 $ 0.63 $ - The Company’s stock based compensation expense related to stock options for the years ended December 31, 2016 and 2015 was $152,322 and $0, respectively. The Company utilized the Black-Scholes option pricing model to determine the fair value of these stock options, using the assumptions as outlined below. For the Year Ended 2016 2015 Stock Price $ 1.74 $ 3.39 Exercise Price $ 1.90 $ 4.82 Number of Options Granted 1,075,000 271,996 Dividend Yield 0 % 0 % Expected Volatility 75 % 75 % Weighted Average Risk-Free Interest Rate 1.22 % 0.82 – 1.38 % Expected life (in years) 2.59 2.3 – 4.2 Warrants As of December 31, 2016, there were warrants outstanding to purchase an aggregate of 2,696,040 shares of the Company’s common stock at a weighted average exercise price of CAD $2.79 (USD $2.08) per share. These warrants have a weighted average remaining life of 4.71 years and were fully exercisable on date of grant. As of December 31, 2015, there were no warrants issued or expired. Number of Shares Weighted Average Exercise Price Weighted Average Contractual Life (years) Intrinsic Value Outstanding - January 1, 2016 - Granted 2,696,040 $ 2.08 Expired, Forfeited, or Cancelled - Exercised - Outstanding December 31, 2016 2,696,040 $ 2.08 4.71 $ - Exercisable, December 31, 2016 2,696,040 $ 2.08 4.71 $ -

Mining Expenditures

Mining Expenditures	12 Months Ended
	Dec. 31, 2016
Mining Expenditures [Abstract]
MINING EXPENDITURES	NOTE 11 - MINING EXPENDITURES For the Year Ended 2016 2015 Permits $ 127,430 $ 122,397 Maintenance 238,047 319,482 Lease abandonment - - Contract Labor 7,805 5,003 Royalties 16,550 10,330 $ 389,832 $ 457,212

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Taxes [Abstract]
INCOME TAXES	NOTE 12 - INCOME TAXES The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are as follows: As of December 31, Deferred tax assets: 2016 2015 Net operating loss carryovers $ 4,729,737 $ 3,739,799 Marketable securities 23,473 23,298 Accrued expenses 91,925 91,526 Deferred tax assets, gross 4,845,135 3,854,623 Less: valuation allowance (1,578,784 ) (531,983 ) Deferred tax assets, net 3,266,351 3,322,640 Deferred tax liabilities: Property and equipment (7,329,681 ) (7,385,970 ) Deferred tax assets (liabilities), net $ (4,063,330 ) $ (4,063,330 ) The change in the Company’s valuation allowance is as follows: For the Years Ended 2016 2015 Beginning of year $ 531,983 $ 5,197,981 (Decrease) increase in valuation allowance 1,046,801 (4,665,998 ) End of year $ 1,578,784 $ 531,983 A reconciliation of the provision for income taxes with the amounts computed by applying the statutory Federal income tax rate to income from operations before the provision for income taxes is as follows: For the Years Ended 2016 2015 U.S. federal statutory rate (34.0 )% (34.0 )% State and foreign taxes (3.2 )% (3.2 )% Permanent differences Non-deductible expenses 2.7 % 3.6 % Valuation allowance 48.1 % 33.6 % True-up of prior year deferred tax assets (13.6 )% 0 % Effective income tax rate 0.0 % 0.0 % The Company has net operating loss carryovers of approximately $12,717,346 for federal and state income tax purposes, which begin to expire in 2026. The ultimate realization of the net operating loss is dependent upon future taxable income, if any, of the Company. Based on losses from inception, the Company determined that as of December 31, 2016 it is more likely than not that the Company will not realize benefits from the deferred tax assets. The Company will not record income tax benefits in the financial statements until it is determined that it is more likely than not that the Company will generate sufficient taxable income to realize the deferred income tax assets. As a result of the analysis, the Company determined that a valuation allowance against the deferred tax assets was required of $1,578,784 and $531,983 as of December 31, 2016 and 2015, respectively. Internal Revenue Code (“IRC”) Section 382 imposes limitations on the use of net operating loss carryovers when the stock ownership of one or more 5% stockholders (stockholders owning 5% or more of the Company’s outstanding capital stock) has increased on a cumulative basis over a period of three years by more than 50 percentage points. Management cannot control the ownership changes occurring. Accordingly, there is a risk of an ownership change beyond the control of the Company that could trigger a limitation of the use of the loss carryover. The Company has analyzed the issuances of shares of common stock during the years ended December 31, 2016 and 2015 and does not believe such change of control occurred. If such ownership change under IRC section 382 had occurred, such change would substantially limit the Company’s ability in the future to utilize its net operating loss carryforwards

Related Party Transactions (Inc

Related Party Transactions (Including key Management Compensation)	12 Months Ended
	Dec. 31, 2016
Related Party Transactions (Including key Management Compensation) [Abstract]
RELATED PARTY TRANSACTIONS (INCLUDING KEY MANAGEMENT COMPENSATION)	NOTE 13 - RELATED PARTY TRANSACTIONS (INCLUDING KEY MANAGEMENT COMPENSATION) The Company has transacted with related parties pursuant to service arrangements in the ordinary course of business, as follows: Entities controlled by a member of the Board of Directors earned consulting fees totaling $47,660 and $49,192 for the years ended December 31, 2016 and 2015, respectively. The same director earned director fees totaling $3,021 and $6,325 during the years ended December 31, 2016 and 2015, respectively. As of December 31, 2016 and 2015, the Company has $0 and $5,074, respectively, in accounts payable and accrued liabilities owing to this director. Pursuant to a consulting agreement, a United States limited liability company owned by a person who is a director and until October 19, 2016, was the Company’s CFO, entered into a contract with the Company effective January 1, 2015 (“January 2015 Agreement”) to provide financial and consulting services at an annual consultant fee of $100,000. The contract had a term of one year. On October 21, 2015, the Company entered into an additional agreement with this same company to provide additional services to the Company, for the term of October through December 2015 for a monthly fee of $6,500. On January 1, 2016, the Company entered into an agreement with a different United States limited liability company owned by the same director (“January 2016 Agreement”) to provide financial and other consulting services at $8,333 per month. Pursuant to a consulting agreement, the January 2016 Agreement was cancelled and a new agreement was entered into between the Company, a United States limited liability company owned by the same director as the January 2016 Agreement and Robert Klein (“October 2016 Agreement”) to provide financial operating services and to have Mr. Klein serve as the Chief Financial Officer. The term of the October 2016 Agreement runs through July 31, 2017 and has an annual fee of $162,000 payable monthly, starting on October 1, 2016. On March 26, 2017, the Company provided notice that it would be cancelling the October 2016 Agreement, effective April 30, 2017. During the years ended December 31, 2016 and 2015, the Company incurred fees of $94,351 and $119,500, respectively, to these companies. At December, 2016 and 2015, the Company had $0 and $14,833, respectively, included in accounts payable and accrued liabilities payable to these companies. In connection with the acquisition of Black Range on September 16, 2015, Western assumed an obligation in the amount of AUS $500,000 (USD $372,000) payable to Western’s CEO and director contingent upon the commercialization of the ablation technology. As of December 31, 2016, the obligation of USD $372,000 is included in deferred contingent consideration on the consolidated balance sheet. During the year ended December 31, 2016, the Company recorded a gain $128,000 on the translation of the obligation and such gain was reflected within the “unrealized foreign exchange gain” in the statement of operations and comprehensive loss. Pursuant to a consulting agreement, a United States limited liability company owned by a person who is a director entered into a consulting contract with the Company effective April 1, 2016 to provide financial, advisory, and consulting services, including representing the Company to a variety of stakeholders for a six month term ending on September 30, 2016. On October 1, 2016, the Company extended this agreement through January 31, 2017. Professional fees for the year ended December 31, 2016 were $149,244, related to this agreement. As of December 31, 2016 and December 31, 2015, the Company had $0 and $0, respectively, included in accounts payable and accrued expenses payable to this entity.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 14 - SUBSEQUENT EVENTS Shares Issued For Accounts Payable On February 2, 2017, the Company issued 53,788 shares of its common stock in exchange for approximately $82,640 of its accounts payable outstanding with certain creditors. Employment Agreement On February 8, 2017, the Company entered into an employment agreement with Mr. George Glasier, its Chief Executive Officer. The employment agreement is for the term of January 1, 2017 through December 31, 2018, with automatic annual renewals unless the Company or Mr. Glasier were to provide 90 days written notice of their desire to not renew the agreement. The employment agreement provides for a base salary of $180,000 per annum and a discretionary annual cash bonus to be determined by the board of directors. Private Placement On March 31, 2017, the Company completed a private placement of 634,424 units at a price of CAD $1.75 (USD $1.35) per unit for gross proceeds of CAD $1,110,263 (USD $835,805). Each unit consists of one share of the Company’s common stock and a warrant for the purchase of one share of the Company’s common stock. Each warrant is immediately exercisable at a price of CAD $3.25 and expires five years from the date of issuance. Nueco Note Extension and Repayment On February 1, 2017, the Company extended the maturity of the Nueco Note. See Note 8 for a description of the extension. On March 31, 2017, the Company repaid the Nueco Note in full. Boyer Lease On February 16, 2017, the Company’s Boyer Lease reaches its expiration date and the Company elected not to negotiate a renewal.

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Summary of Significant Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation These consolidated financial statements are presented in United States dollars and have been prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”). The accompanying consolidated financial statements include the accounts of Western and its wholly-owned subsidiaries, Western US, PRM, Black Range, Black Range Copper Inc., Ranger Resources Inc., Black Range Minerals Inc., Black Range Minerals Colorado LLC, Black Range Minerals Wyoming LLC, Haggerty Resources LLC, Ranger Alaska LLC, Black Range Minerals Utah LLC, Black Range Minerals Ablation Holdings Inc. and Black Range Development Utah LLC. All significant inter-company transactions and balances have been eliminated upon consolidation. The Company has established the existence of mineralized materials for certain uranium projects. The Company has not established proven or probable reserves, as defined by the United States Securities and Exchange Commission (the “SEC”) under Industry Guide 7, through the completion of a “final” or “bankable” feasibility study for any of its uranium projects.
Exploration Stage	Exploration Stage In accordance with U.S. GAAP, expenditures relating to the acquisition of mineral rights are initially capitalized as incurred while exploration and pre-extraction expenditures are expensed as incurred until such time the Company exits the Exploration Stage by establishing proven or probable reserves. Expenditures relating to exploration activities such as drill programs to search for additional mineralized materials are expensed as incurred. Expenditures relating to pre-extraction activities such as the construction of mine wellfields, ion exchange facilities and disposal wells are expensed as incurred until such time proven or probable reserves are established for that uranium project, after which subsequent expenditures relating to mine development activities for that particular project are capitalized as incurred. Companies in the Production Stage as defined under Industry Guide 7, having established proven and probable reserves and exited the Exploration Stage, typically capitalize expenditures relating to ongoing development activities, with corresponding depletion calculated over proven and probable reserves using the units-of-production method and allocated to future reporting periods to inventory and, as that inventory is sold, to cost of goods sold. The Company is in the Exploration Stage which has resulted in the Company reporting larger losses than if it had been in the Production Stage due to the expensing, instead of capitalizing, of expenditures relating to ongoing mill and mine development activities. Additionally, there would be no corresponding amortization allocated to future reporting periods of the Company since those costs would have been expensed previously, resulting in both lower inventory costs and cost of goods sold and results of operations with higher gross profits and lower losses than if the Company had been in the Production Stage. Any capitalized costs, such as expenditures relating to the acquisition of mineral rights, are depleted over the estimated extraction life using the straight-line method. As a result, the Company’s consolidated financial statements may not be directly comparable to the financial statements of companies in the Production Stage.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities at the date of the financial statements and revenues and expenses during the periods reported. By their nature, these estimates are subject to measurement uncertainty and the effects on the financial statements of changes in such estimates in future periods could be significant. Significant areas requiring management's estimates and assumptions include determining the fair value of transactions involving common stock, assessment of the useful life and evaluation for impairment of intangible assets, valuation and impairment assessments on mineral properties, deferred contingent consideration, and the reclamation liability, valuation of stock-based compensation, valuation of available-for-sale securities and valuation of long-term debt. Other areas requiring estimates include allocations of expenditures, depletion and amortization of mineral rights and properties. Actual results could differ from those estimates.
Foreign Currency Translation	Foreign Currency Translation The reporting currency of the Company, including its subsidiaries, is the United States dollar. The financial statements of subsidiaries located outside of the U.S. are measured in their functional currency, which is the local currency. The functional currency of the parent (Western Uranium Corporation (Ontario)) is the Canadian dollar. Monetary assets and liabilities of these subsidiaries are translated at the exchange rates at the balance sheet date. Income and expense items are translated using average monthly exchange rates. Non-monetary assets are translated at their historical exchange rates. Translation adjustments are included in accumulated other comprehensive loss in the consolidated balance sheets.
Segment Information	Segment Information The Company determines its reporting units in accordance with FASB ASC 280, " Segment Reporting
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly-liquid instruments with an original maturity of three months or less at the time of issuance to be cash equivalents. As of December 31, 2016 and 2015, the company had no cash equivalents.
Marketable Securities	Marketable Securities The Company classifies its marketable securities as available-for-sale securities, which are carried at their fair value based on the quoted market prices of the securities with unrealized gains and losses reported as accumulated comprehensive income (loss), a separate component of shareholders’ equity. Realized gains and losses on available-for-sale securities are included in net earnings in the period earned or incurred.
Restricted Cash	Restricted Cash Certain cash balances are restricted as they relate to deposits with banks that have been assigned to state reclamation authorities in the United States to secure various reclamation guarantees with respect to mineral properties in Utah, Alaska and Colorado. As these funds are not available for general corporate purposes and secure the long term reclamation liability (see Note 6)
Fair Values of Financial Instruments	Fair Values of Financial Instruments The carrying amounts of cash and cash equivalents, marketable securities, accounts payable and accrued expenses, mortgage payable, and notes payable. The carrying amounts of cash and cash equivalents, accounts payable and accrued liabilities approximate fair value due to the short-term nature of these instruments. Marketable securities are adjusted to fair value at each balance sheet date based on quoted prices which are considered level 1 inputs. The reclamation deposits, which are reflected in restricted cash on the consolidated balance sheets, are deposits mainly invested in certificates of deposit at major financial institutions and their fair values were estimated to approximate their carrying values. The Company's operations and financing activities are conducted primarily in United States dollars and as a result, the Company is not subject to significant exposure to market risks from changes in foreign currency rates. The Company is exposed to credit risk through its cash and restricted cash, but mitigates this risk by keeping these deposits at major financial institutions. ASC 820 “Fair Value Measurements and Disclosures” provides the framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). Fair value is defined as an exit price, representing the amount that would be received upon the sale of an asset or payment to transfer a liability in an orderly transaction between market participants. Fair value is a market-based measurement that is determined based on assumptions that market participants would use in pricing an asset or liability. A three-tier fair value hierarchy is used to prioritize the inputs in measuring fair value as follows: Level 1 Quoted prices in active markets for identical assets or liabilities. Level 2 Quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable, either directly or indirectly. Level 3 Significant unobservable inputs that cannot be corroborated by market data. The fair value of financial instruments in the Company’s consolidated financial statements at December 31, 2016 and 2015 are as follows: Quoted Prices in Quoted Prices Significant Marketable securities at December 31, 2016 $ 2,976 $ - $ - Marketable securities at December 31, 2015 $ 2,880 $ - $ -
Mineral Properties	Mineral Properties Acquisition costs of mineral properties are capitalized as incurred while exploration and pre-extraction expenditures are expensed as incurred until such time the Company exits the Exploration Stage by establishing proven or probable reserves, as defined by the SEC under Industry Guide 7, through the completion of a “final” or “bankable” feasibility study. Expenditures relating to exploration activities are expensed as incurred and expenditures relating to pre-extraction activities are expensed as incurred until such time proven or probable reserves are established for that project, after which subsequent expenditures relating to development activities for that particular project are capitalized as incurred. Where proven and probable reserves have been established, the project’s capitalized expenditures are depleted over proven and probable reserves upon commencement of production using the units-of-production method. Where proven and probable reserves have not been established, such capitalized expenditures are depleted over the estimated production life upon commencement of extraction using the straight-line method. The Company has not established proven or probable reserves for any of its projects. The carrying values of the mineral properties are assessed for impairment by management.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company reviews and evaluates its long-lived assets for impairment when events or changes in circumstances indicate that the related carrying amounts may not be recoverable. Impairment is considered to exist if the total estimated future cash flows on an undiscounted basis are less than the carrying amount of the assets. An impairment loss is measured and recorded based on discounted estimated future cash flows or upon an estimate of fair value that may be received in an exchange transaction. Future cash flows are estimated based on estimated quantities of recoverable minerals, expected U3O8 prices (considering current and historical prices, trends and related factors), production levels, operating costs of production and capital and restoration and reclamation costs, based upon the projected remaining future uranium production from each project. The Company’s long-lived assets (which include its mineral assets and ablation intellectual property) were acquired during the end of 2014 and in 2015 in arms-length transactions. As of December 31, 2016, the Company evaluated the total estimated future cash flows on an undiscounted basis for its mineral properties and ablation intellectual property and determined that no impairment was deemed to exist. Estimates and assumptions used to assess recoverability of the Company’s long-lived assets and measure fair value of our uranium properties are subject to risk uncertainty. Changes in these estimates and assumptions could result in the impairment of its long-lived assets. In estimating future cash flows, assets are grouped at the lowest level for which there are identifiable cash flows that are largely independent of future cash flows from other asset groups.
Income Taxes	Income Taxes The Company utilizes an asset and liability approach for financial accounting and reporting for income taxes. The provision for income taxes is based upon income or loss after adjustment for those permanent items that are not considered in the determination of taxable income. Deferred income taxes represent the tax effects of differences between the financial reporting and tax basis of the Company’s assets and liabilities at the enacted tax rates in effect for the years in which the differences are expected to reverse. The Company evaluates the recoverability of deferred tax assets and establishes a valuation allowance when it is more likely than not that some portion or all the deferred tax assets will not be realized. Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In management’s opinion, adequate provisions for income taxes have been made. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary. Tax benefits are recognized only for tax positions that are more likely than not to be sustained upon examination by tax authorities. The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely to be realized upon settlement. A liability for “unrecognized tax benefits” is recorded for any tax benefits claimed in the Company’s tax returns that do not meet these recognition and measurement standards. As of December 31, 2016 and 2015, no liability for unrecognized tax benefits was required to be reported. The Company’s policy for recording interest and penalties associated with tax audits is to record such items as a component of general and administrative expense. There were no amounts accrued for penalties and interest for the years ended December 31, 2016 and 2015. The Company does not expect its uncertain tax position to change during the next twelve months. Management is currently unaware of any issues under review that could result in significant payments, accruals or material deviations from its position. The Company has identified its federal tax return and its state tax returns in Colorado and Utah as its “major” tax jurisdictions, and such returns for the years 2014 through 2016 remain subject to examination.
Restoration and Remediation Costs (Asset Retirement Obligations)	Restoration and Remediation Costs (Asset Retirement Obligations) Various federal and state mining laws and regulations require the Company to reclaim the surface areas and restore underground water quality for its mine projects to the pre-existing mine area average quality after the completion of mining. Future reclamation and remediation costs, which include extraction equipment removal and environmental remediation, are accrued at the end of each period based on management's best estimate of the costs expected to be incurred for each project. Such estimates are determined by the Company's engineering studies which consider the costs of future surface and groundwater activities, current regulations, actual expenses incurred, and technology and industry standards. In accordance with ASC 410, Asset Retirement and Environmental Obligations, the Company capitalizes the measured fair value of asset retirement obligations to mineral properties. The asset retirement obligations are accreted to an undiscounted value until the time at which they are expected to be settled. The accretion expense is charged to earnings and the actual retirement costs are recorded against the asset retirement obligations when incurred. Any difference between the recorded asset retirement obligations and the actual retirement costs incurred will be recorded as a gain or loss in the period of settlement. At each reporting period, the Company reviews the assumptions used to estimate the expected cash flows required to settle the asset retirement obligations, including changes in estimated probabilities, amounts and timing of the settlement of the asset retirement obligations, as well as changes in the legal obligation requirements at each of its mineral properties. Changes in any one or more of these assumptions may cause revision of asset retirement obligations for the corresponding assets.
Deferred Financing Costs	Deferred Financing Costs Deferred financing costs represent costs incurred in connection with the issuance of debt. Once the associated debt instrument is issued, these costs would be recorded as a debt discount and amortized to interest expense using the effective interest method over the term of the related debt instrument. Upon the abandonment of a pending financing transaction, the related deferred financing costs would be charged to general and administrative expense. The Company may also issue warrants or other equity instruments in connection with the issuance of debt instruments. The equity instruments are recorded at their relative fair market value on the date of issuance which results in a debt discount which is amortized to interest expense using the effective interest method.
Stock-Based Compensation	Stock-Based Compensation The Company follows ASC 718, Compensation - Stock Compensation, which addresses the accounting for stock-based payment transactions, requiring such transactions to be accounted for using the fair value method. Awards of shares for property or services are recorded at the more readily measurable of the fair value of the stock and the fair value of the service. The Company uses the Black-Scholes option-pricing model to determine the grant date fair value of stock-based awards under ASC 718. The fair value is charged to earnings depending on the terms and conditions of the award, and the nature of the relationship of the recipient of the award to the Company. The Company records the grant date fair value in line with the period over which it was earned. For employees and management, this is typically considered to be the vesting period of the award. For consultants the fair value of the award is recorded over the term of the service period, and unvested amounts are revalued at each reporting period over the service period. The Company estimates the expected forfeitures and updates the valuation accordingly.
Loss per Share	Loss per Share Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of stock options and warrants (using the treasury stock method). The computation of basic loss per share for the years ended December 31 2016 and 2015 excludes potentially dilutive securities. The computations of net loss per share for each period presented is the same for both basic and fully diluted. Potentially dilutive securities outlined in the table below have been excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive. For the Year Ended 2016 2015 Warrants to purchase shares of common stock 2,655,764 - Options to purchase shares of common stock 1,346,996 271,996 Total potentially dilutive securities 4,002,760 271,996

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
Summary of Significant Accounting Policies [Abstract]
Schedule of fair values of financial instruments	Quoted Prices in Quoted Prices Significant Marketable securities at December 31, 2016 $ 2,976 $ - $ - Marketable securities at December 31, 2015 $ 2,880 $ - $ -
Schedule of antidilutive securities excluded from computation of earnings per share	For the Year Ended 2016 2015 Warrants to purchase shares of common stock 2,655,764 - Options to purchase shares of common stock 1,346,996 271,996 Total potentially dilutive securities 4,002,760 271,996

Acquisition of Black Range (Tab

Acquisition of Black Range (Tables)	12 Months Ended
	Dec. 31, 2016
Acquisition of Black Range [Abstract]
Schedule of allocation of the purchase price consideration to the assets and liabilities acquired	Cash $ 4,190 Prepaid permit and other costs 19,296 Mineral properties 10,100,000 Ablation intellectual property 9,488,051 Land, buildings and improvements 1,125,000 Restricted cash 382,362 Accounts payable and accrued liabilities (396,145 ) Mortgage payable (1,051,000 ) Credit Facility (363,074 ) Deferred contingent consideration (500,000 ) Deferred tax liability (4,063,330 ) Reclamation liability (75,683 ) Total $ 14,669,667 Purchase price consideration: Fair value of 4,173,299 shares of Western common stock issued to the former stockholders of Black Range $ 14,167,703 Fair value of 20,510 shares of Western common stock issued to directors and consultants of Black Range 69,628 Fair value of 271,996 Western stock options issued to directors and consultants of Black Range 432,336 $ 14,669,667

Mineral Assets, Ablation Inte26

Mineral Assets, Ablation Intellectual Property and Other Property (Tables)	12 Months Ended
	Dec. 31, 2016
Mineral Assets, Ablation Intellectual Property and Other Property [Abstract]
Schedule of mining and mining related assets	As of December 31, 2016 2015 Land, building and improvements $ - $ 1,050,810 Mineral properties $ 11,645,218 $ 11,645,218 Ablation intellectual property $ 9,488,051 $ 9,488,051
Schedule on reclamation obligations	For the years ended 2016 2015 Beginning balance $ 220,129 $ 113,772 Acquisition of Black Range - 75,683 Accretion 183,510 30,674 Ending Balance $ 403,639 $ 220,129

Accounts Payable and Accrued 27

Accounts Payable and Accrued Liabilities (Tables)	12 Months Ended
	Dec. 31, 2016
Accounts Payables and Accrued Liabilities [Abstract]
Schedule of accounts payable and accrued liabilities	As of December 31, 2016 2015 Trade accounts payable $ 547,254 $ 520,530 Accrued liabilities 222,653 304,571 $ 769,907 $ 825,101

Notes Payable (Tables)

Notes Payable (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Payable & Mortgage [Abstract]
Schedule of notes payable	As of December 31, 2016 Principal Discount Balance, Net Current Non-Current EFHC $ 500,000 $ 31,632 $ 468,368 $ - $ 468,368 Nueco 185,564 2,439 183,125 183,125 - Total $ 685,564 $ 34,071 $ 651,493 $ 183,125 $ 468,368 As of December 31, 2015 Principal Discount Balance, Net Current Non-Current EFHC $ 500,000 $ 50,016 $ 449,984 $ - $ 449,984 Nueco 250,180 - 250,180 250,180 - Siebels 240,013 - 240,013 240,013 - Total $ 990,193 $ 50,016 $ 940,177 $ 490,193 $ 449,984
Shedule on total interest expense, net	For the Years Ended 2016 2015 Interest expense, notes payable $ 71,301 $ 58,067 Amortization of discount on notes payable 51,316 28,872 Accretion of reclamation liabilities 183,510 27,700 Interest income (4,138 ) - Interest expense, net $ 301,989 $ 114,639

Share Capital and Other Equit29

Share Capital and Other Equity Instruments (Tables)	12 Months Ended
	Dec. 31, 2016
Share Capital and Other Equity Instruments [Abstract]
Summary of company's stock option granted activity	Number of Shares Weighted Average Exercise Price Weighted Average Contractual Life (years) Weighted Average Grant Date Fair Value Intrinsic Value Outstanding - January 1, 2016 271,996 $ 4.82 $ 1.59 Granted 1,075,000 $ 1.90 $ 0.27 Expired, forfeited, or cancelled - - Exercised - - Outstanding December 31, 2016 1,346,996 $ 2.37 4.28 $ 0.53 $ - Exercisable, December 31, 2016 988,663 $ 2.57 4.11 $ 0.63 $ -
Schedule of fair value of these stock options, using the assumptions	For the Year Ended December 31, For the Year Ended December 31, Stock Price $ 1.74 $ 3.39 Exercise Price $ 1.90 $ 4.82 Number of Options Granted 1,075,000 271,996 Dividend Yield 0 % 0 % Expected Volatility 75 % 75 % Weighted Average Risk-Free Interest Rate 1.22 % 0.82 – 1.38 % Expected life (in years) 2.59 2.3 – 4.2
Summary of warrants outstanding	Number of Shares Weighted Average Exercise Price Weighted Average Contractual Life (years) Intrinsic Value Outstanding - January 1, 2016 - Granted 2,696,040 $ 2.08 Expired, Forfeited, or Cancelled - Exercised - Outstanding December 31, 2016 2,696,040 $ 2.08 4.71 $ - Exercisable, December 31, 2016 2,696,040 $ 2.08 4.71 $ -

Mining Expenditures (Tables)

Mining Expenditures (Tables)	12 Months Ended
	Dec. 31, 2016
Mining Expenditures [Abstract]
Schedule of mining expenditures	For the Year Ended 2016 2015 Permits $ 127,430 $ 122,397 Maintenance 238,047 319,482 Lease abandonment - - Contract Labor 7,805 5,003 Royalties 16,550 10,330 $ 389,832 $ 457,212

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Taxes [Abstract]
Schedule of deferred tax assets and deferred tax liabilities	As of December 31, Deferred tax assets: 2016 2015 Net operating loss carryovers $ 4,729,737 $ 3,739,799 Marketable securities 23,473 23,298 Accrued expenses 91,925 91,526 Deferred tax assets, gross 4,845,135 3,854,623 Less: valuation allowance (1,578,784 ) (531,983 ) Deferred tax assets, net 3,266,351 3,322,640 Deferred tax liabilities: Property and equipment (7,329,681 ) (7,385,970 ) Deferred tax assets (liabilities), net $ (4,063,330 ) $ (4,063,330 )
Schedule of valuation allowance	For the Years Ended 2016 2015 Beginning of year $ 531,983 $ 5,197,981 (Decrease) increase in valuation allowance 1,046,801 (4,665,998 ) End of year $ 1,578,784 $ 531,983
Schedule of statutory federal income tax rate	For the Years Ended 2016 2015 U.S. federal statutory rate (34.0 )% (34.0 )% State and foreign taxes (3.2 )% (3.2 )% Permanent differences Non-deductible expenses 2.7 % 3.6 % Valuation allowance 48.1 % 33.6 % True-up of prior year deferred tax assets (13.6 )% 0 % Effective income tax rate 0.0 % 0.0 %

Liquidity and Going Concern (De

Liquidity and Going Concern (Details)	Sep. 02, 2016USD ($)	Mar. 31, 2017USD ($)$ / sharesshares	Mar. 31, 2017CADshares	Dec. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)	Mar. 31, 2017CAD / shares	Dec. 31, 2016CAD / shares
Liquidity and Going Concern (Textual)
Accumulated deficit | $				$ (4,125,855)	$ (1,951,564)
Working capital deficit | $				$ 55,461
Proceeds from issuance private placement | $					$ 14,237,331
Proceeds from issuance private placement, share | shares				271,996
Maximum [Member]
Liquidity and Going Concern (Textual)
Price per share | (per share)				$ 2.60			CAD 3.5
Minimum [Member]
Liquidity and Going Concern (Textual)
Price per share | (per share)				$ 1.93			CAD 2.6
Private placement [Member]
Liquidity and Going Concern (Textual)
Proceeds from issuance private placement | $	$ 1,423,618			$ 3,088,567
Proceeds from issuance of private placement share | shares				2,655,764
Issued on private placement three | shares				1,010,950
Private placement [Member] | Subsequent Events [Member]
Liquidity and Going Concern (Textual)
Sale of stock description of transaction		Each unit consists of one share of the Company's common stock and a warrant for the purchase of one share of the Company's common stock. Each warrant is immediately exercisable at a price of CAD $3.25 and expires five years from the date of issuance.	Each unit consists of one share of the Company's common stock and a warrant for the purchase of one share of the Company's common stock. Each warrant is immediately exercisable at a price of CAD $3.25 and expires five years from the date of issuance.
Proceeds from issuance private placement		$ 835,805	CAD 1,110,263
Price per share | (per share)		$ 1.35				CAD 1.75
Proceeds from issuance private placement, share | shares		634,424	634,424

Summary of Significant Accoun33

Summary of Significant Accounting Policies (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	$ 2,976	$ 2,880
Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	2,976	2,880
Quoted Prices for Similar Assets or Liabilities in Active Markets (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities

Summary of Significant Accoun34

Summary of Significant Accounting Policies (Details 1) - shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive securities	4,002,760	271,996
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive securities	2,655,764
Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive securities	1,346,996	271,996

Acquisition of Black Range (Det

Acquisition of Black Range (Details)	12 Months Ended
	Dec. 31, 2016USD ($)
Acquisition of Black Range [Abstract]
Cash	$ 4,190
Prepaid permit and other costs	19,296
Mineral properties	10,100,000
Ablation intellectual property	9,488,051
Land, buildings and improvements	1,125,000
Restricted cash	382,362
Accounts payable and accrued liabilities	(396,145)
Mortgage payable	(1,051,000)
Credit Facility	(363,074)
Deferred contingent consideration	(500,000)
Deferred tax liability	(4,063,330)
Reclamation liability	(75,683)
Total	14,669,667
Purchase price consideration:
Fair value of 4,173,299 shares of Western common stock issued to the former stockholders of Black Range	14,167,703
Fair value of 20,510 shares of Western common stock issued to directors and consultants of Black Range	69,628
Fair value of 271,996 Western stock options issued to directors and consultants of Black Range	432,336
Total	$ 14,669,667

Acquisition of Black Range (D36

Acquisition of Black Range (Details Textual)	Sep. 16, 2015USD ($)shares	Sep. 01, 2015USD ($)	Aug. 25, 2015	Jun. 30, 2016	Dec. 31, 2016USD ($)shares	Dec. 31, 2015USD ($)	Mar. 30, 2015AUD
Acquisition of Black Range (Textual)
Black Range transaction description	Western acquired all of the issued shares of Black Range by way of Scheme of Arrangement under the Australian Corporation Act 2001 (Cth) (the "Black Range Transaction"), with Black Range shareholders being issued shares of Western on a 1 for 750 basis.		Western issued to certain employees, directors and consultants options to purchase Western common stock. Such stock options were intended to replace Black Range stock options outstanding prior to the Black Range Transaction on the same 1 for 750 basis.
Interest payable					8.00%
Final balance of balloon payment					$ 1,044,015
Maturity date of mortgage					Jan. 16, 2016
Issuance of 4,193,809 common shares to sellers of Black Range, shares | shares					4,193,809
Payments of committed amount						$ 14,237,331
Reclamation liability, description				The Company and its advisors do not believe that it is obligated for this additional amount of claimed reclamation obligation. The Company is working with its legal counsel and the State of Alaska to resolve this matter. The Company has not recorded an additional $150,000 obligation as the Company does not expect, based on the advice of legal counsel, to be obligated to an amount greater than that presently reflected in the reclamation liability.	The Company expects to begin incurring the reclamation liability after 2054 and accordingly, has discounted the gross liabilities over their remaining life using a discount rate of 5.4% to a net discounted value as of December 31, 2016 and 2015 of $403,639 and $220,129, respectively.
Net discounted value					$ 403,639	$ 220,129
Credit facility [Member]
Acquisition of Black Range (Textual)
Interest payable							8.00%
Credit facility expiration date		Oct. 1, 2015
Former stockholders of Black Range[Member]
Acquisition of Black Range (Textual)
Fair value of shares of common stock issued | shares	4,173,299
Directors and consultants of Black Range [Member]
Acquisition of Black Range (Textual)
Fair value of shares of common stock issued | shares	20,510
Fair value of shares of stock options issued | shares	271,996
Maximum [Member] | Credit facility [Member]
Acquisition of Black Range (Textual)
Secured loans amount		$ 550,000					AUD 450,000
Minimum [Member] | Credit facility [Member]
Acquisition of Black Range (Textual)
Secured loans amount		$ 100,000
Ablation Technologies Llc [Member]
Acquisition of Black Range (Textual)
Description of deferred contingent consideration					In connection with the transfer, Black Range issued 25 million shares of Black Range common stock to Seller and committed to pay AUD $500,000 (USD $372,000) to Seller within 60 days of the first commercial application of the ablation technology. Western assumed this contingent payment obligation in connection with the Black Range Transaction. At the Black Range Acquisition Date, this contingent obligation was determined to be probable. Since the deferred contingent consideration obligation is probable and the amount estimable, the Company recorded the deferred contingent consideration as an assumed liability.
Hansen Taylor Complex [Member] | Black Range and STB Minerals LLC [Member]
Acquisition of Black Range (Textual)
Description of acquired business acquisition					February 18, 2011, and as amended and extended, expiring on July 28, 2017, an exclusive option to acquire STB's 51% mineral interest in the Hansen Deposit requiring upon exercise, a payment of $2,000,000 in cash and the issuance of shares of the Company's common stock equal in value to $3,750,000. 180 days following this initial cash payment and issuance of shares, the Company is required to issue additional shares of the Company's common stock equal in value to $3,750,000. Additionally, the Company will pay STB a perpetual royalty of 1.5%.
Hansen Taylor Complex [Member] | Black Range and NZ Minerals, LLC [Member]
Acquisition of Black Range (Textual)
Description of acquired business acquisition					The Company has the right to acquire NZ's 24.5% mineral interest in the Hansen Deposit. At any time before the earlier of twenty years from the date of the option agreement or commencement of commercial scale production, the Company is required to pay $2,000,000 in cash and to issue shares of the Company's common stock equal in value to $2,000,000. Additionally, the Company will pay to NZ a perpetual royalty of 1.176%.
Black Range Transaction [Member]
Acquisition of Black Range (Textual)
Interest payable					8.00%
Payable in monthly payments of amount					$ 11,085
Final balance of balloon payment					$ 1,044,015
Maturity date of mortgage					Jan. 16, 2016
Reclamation liability, description	The Company has estimated that the gross reclamation liability as of September 16, 2015 was $382,386, and expects to begin incurring the liability after 2055.
Discount rate	5.40%
Net discounted value	$ 75,683

Mineral Assets, Ablation Inte37

Mineral Assets, Ablation Intellectual Property and Other Property (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Mineral Assets, Ablation Intellectual Property and Other Property [Abstract]
Land, buildings and improvements		$ 1,050,810
Mineral properties	11,645,218	11,645,218
Ablation intellectual property	$ 9,488,051	$ 9,488,051

Mineral Assets, Ablation Inte38

Mineral Assets, Ablation Intellectual Property and Other Property (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Mineral Assets, Ablation Intellectual Property and Other Property [Abstract]
Beginning balance	$ 220,129	$ 113,772
Acquisition of Black Range		75,683
Accretion	183,510	30,674
Ending Balance	$ 403,639	$ 220,129

Mineral Assets, Ablation Inte39

Mineral Assets, Ablation Intellectual Property and Other Property (Details Textual) - USD ($)	Jun. 01, 2016	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Mineral Assets, Ablation Intellectual Property and Other Property (Textual)
Reclamation liability mineral properties			$ 1,036,333	$ 1,036,333
Accretion of reclamation liability			$ 183,510	34,674
Reclamation liability, description		The Company and its advisors do not believe that it is obligated for this additional amount of claimed reclamation obligation. The Company is working with its legal counsel and the State of Alaska to resolve this matter. The Company has not recorded an additional $150,000 obligation as the Company does not expect, based on the advice of legal counsel, to be obligated to an amount greater than that presently reflected in the reclamation liability.	The Company expects to begin incurring the reclamation liability after 2054 and accordingly, has discounted the gross liabilities over their remaining life using a discount rate of 5.4% to a net discounted value as of December 31, 2016 and 2015 of $403,639 and $220,129, respectively.
Net discounted value			$ 403,639	$ 220,129
Certificates of deposit			1,036,333
Cash of bond amount		$ 210,500
Additional surety of bond amount		$ 150,000
Fair value of reclamation liability			172,543
Reclamation liability, current			215,976
Restricted cash in current assets			$ 215,976
Black Range Minerals Inc. [Member]
Mineral Assets, Ablation Intellectual Property and Other Property (Textual)
Received of common stock voting shares	100,000
Asset relinquished	$ 0

Accounts Payable and Accrued 40

Accounts Payable and Accrued Liabilities (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Accounts Payables and Accrued Liabilities [Abstract]
Trade accounts payable	$ 547,254	$ 520,530
Accrued liabilities	222,653	304,571
Total accounts payable and accrued liabilities	$ 769,907	$ 825,101

Notes Payable (Details)

Notes Payable (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015	Aug. 18, 2014
Debt Instrument [Line Items]
Principal	$ 685,564	$ 990,193
Discount	34,071	50,016
Balance, Net of Discount	651,493	940,177
Current	183,125	490,193
Non-Current	468,368	449,984
EFHC [Member] | Notes Payable [Member]
Debt Instrument [Line Items]
Principal	500,000	500,000
Discount	31,632	50,016	$ 73,971
Balance, Net of Discount	468,368	449,984
Current
Non-Current	468,368	449,984
Nueco [Member] | Notes Payable [Member]
Debt Instrument [Line Items]
Principal	185,564	250,180
Discount	2,439		$ 23,724
Balance, Net of Discount	183,125	250,180
Current	183,125	250,180
Non-Current
Siebels [Member] | Notes Payable [Member]
Debt Instrument [Line Items]
Principal		240,013
Discount
Balance, Net of Discount		240,013
Current		240,013
Non-Current

Notes Payable (Details 1)

Notes Payable (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Notes Payable & Mortgage [Abstract]
Interest expense, notes payable	$ 71,301	$ 58,067
Amortization of discount on notes payable	51,316	28,872
Accretion of reclamation liabilities	183,510	27,700
Interest income	(4,138)
Interest expense, net	$ 301,989	$ 114,639

Notes Payable (Details Textual)

Notes Payable (Details Textual) - USD ($)

Feb. 01, 2017

Nov. 29, 2016

Aug. 08, 2016

Jun. 20, 2016

Feb. 22, 2016

Feb. 08, 2016

Sep. 30, 2015

Jan. 05, 2015

Aug. 18, 2014

Aug. 16, 2016

Dec. 31, 2015

Dec. 16, 2015

Dec. 31, 2016

Dec. 31, 2015

Sep. 09, 2016

Aug. 23, 2016

Jul. 29, 2016

Notes Payable (Textual)

Interest payable

8.00%

Net of a discount for interest

$ 50,016

$ 34,071

$ 50,016

Maturity date of notes payable

Jan. 16, 2016

Principal amount

990,193

$ 685,564

990,193

Interest expense, net

301,989

114,639

Accrued interest

$ 13,477

EFHC [Member] | Notes Payable [Member]

Notes Payable (Textual)

Note payable

$ 500,000

Effective interest rate

7.00%

Net of a discount for interest

$ 73,971

50,016

31,632

50,016

Maturity date of notes payable

Aug. 18, 2018

Principal amount

500,000

500,000

500,000

EFHC [Member] | Notes Payable [Member] | Maximum [Member]

Notes Payable (Textual)

Effective interest rate

4.00%

EFHC [Member] | Notes Payable [Member] | Minimum [Member]

Notes Payable (Textual)

Effective interest rate

3.00%

Nueco [Member] | Notes Payable [Member]

Notes Payable (Textual)

Note payable

$ 250,180

Interest payable

6.00%

6.00%

7.00%

Net of a discount for interest

$ 23,724

$ 2,439

Maturity date of notes payable

Jan. 31, 2017

Jul. 31, 2016

Jun. 20, 2016

Dec. 20, 2014

Aug. 16, 2016

Jan. 13, 2016

Remaining obligation outstanding

$ 250,180

250,180

Debt instrument, description

In connection with the extension, the Company agreed to add interest from the date of October 13, 2015 until the date paid at the annual rate of one percent (1%) per annum.

Principal amount

250,180

$ 185,564

250,180

Increase in principal amount

$ 25,384

Percentage of increase in principal amount

10.00%

Outstanding principal amount

$ 185,564

Debt instrument, fee

$ 5,000

$ 5,000

$ 10,000

Interest expense, net

$ 5,155

Nueco [Member] | Notes Payable [Member] | Subsequent Event [Member]

Notes Payable (Textual)

Debt instrument, description

(a) five days after the next closing of a private placement; or (b) April 15, 2017. In consideration for the extension, the Company paid to the lender a payment in the amount of $100,000 which represented (i) a principal reduction of $85,564; (ii) $1,186 for a prepayment of interest through April 15, 2017; and (iii) a payment of $13,250 which is a fee which does not reduce the principal or interest on the Nueco Note.

Principal amount

$ 85,564

Debt instrument, fee

13,250

Interest expense, net

$ 1,186

Nueco [Member] | Notes Payable [Member] | Maximum [Member]

Notes Payable (Textual)

Principal amount

$ 90,000

Siebels [Member] | Notes Payable [Member]

Notes Payable (Textual)

Note payable

$ 100,000

$ 250,000

Interest payable

18.00%

16.00%

18.00%

Net of a discount for interest

Maturity date of notes payable

Apr. 22, 2016

Dec. 15, 2015

Jun. 16, 2016

Debt instrument, description

On December 16, 2015 the Company and the lender agreed to extend the maturity of the Siebels Note until June 16, 2016.

Principal amount

$ 240,013

$ 240,013

Accrued interest

$ 8,333

Siebels [Member] | Notes Payable [Member] | Maximum [Member]

Notes Payable (Textual)

Principal amount

$ 258,423

$ 50,000

$ 100,000

Outstanding principal amount

$ 108,423

Mortgage (Details)

Mortgage (Details)	12 Months Ended
	Dec. 31, 2016USD ($)
Mortgage (Textual)
Interest payable	8.00%
Interest payable in monthly payments	$ 11,085
Final balance of balloon payment	$ 1,044,015
Maturity date of mortgage	Jan. 16, 2016

Share Capital and Other Equit45

Share Capital and Other Equity Instruments (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Number of shares upon exercise
Outstanding - January 1, 2016	271,996
Granted	1,075,000	271,996
Exercised
Expired, Forfeited, or Cancelled
Outstanding December 31, 2016	1,346,996	271,996
Exercisable, December 31, 2016	988,663
Weighted Average Exercise Price
Outstanding - January 1, 2016	$ 4.82
Granted	1.90
Exercised
Expired, Forfeited, or Cancelled
Outstanding December 31, 2016	2.37	$ 4.82
Exercisable, December 31, 2016	$ 2.57
Weighted Average Contractual Life (years)
Outstanding December 31, 2016	4 years 3 months 11 days
Exercisable, December 31, 2016	4 years 1 month 10 days
Weighted Average Grant Date Fair Value
Outstanding - January 1, 2016	$ 1.59
Granted	0.27
Outstanding December 31, 2016	0.53	$ 1.59
Exercisable, December 31, 2016	$ 0.63
Intrinsic Value
Outstanding December 31, 2016
Exercisable, December 31, 2016

Share Capital and Other Equit46

Share Capital and Other Equity Instruments (Details 1) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Class of Stock [Line Items]
Stock Price	$ 1.74	$ 3.39
Exercise Price	$ 1.90	$ 4.82
Number of Options Granted	1,075,000	271,996
Dividend Yield	0.00%	0.00%
Expected Volatility	75.00%	75.00%
Weighted Average Risk-Free Interest Rate	1.22%
Expected life (in years)	2 years 7 months 2 days
Maximum [Member]
Class of Stock [Line Items]
Expected Volatility		1.38%
Expected life (in years)		4 years 2 months 12 days
Minimum [Member]
Class of Stock [Line Items]
Expected Volatility		0.82%
Expected life (in years)		2 years 3 months 18 days

Share Capital and Other Equit47

Share Capital and Other Equity Instruments (Details 2)	12 Months Ended
	Dec. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2016CAD / shares	Dec. 31, 2015$ / sharesshares
Number of shares upon exercise
Outstanding - January 1, 2016	271,996
Granted	1,075,000		271,996
Expired, Forfeited, or Cancelled
Exercised
Outstanding December 31, 2016	1,346,996		271,996
Exercisable, December 31, 2016	988,663
Weighted Average Exercise Price
Outstanding - January 1, 2016 | $ / shares	$ 4.82
Granted | $ / shares	1.90
Expired, Forfeited, or Cancelled | $ / shares
Exercised | $ / shares
Outstanding December 31, 2016 | $ / shares	2.37		$ 4.82
Exercisable, December 31, 2016 | $ / shares	$ 2.57
Weighted Average Contractual Life (years)
Outstanding December 31, 2016	4 years 3 months 11 days
Exercisable, December 31, 2016	4 years 1 month 10 days
Intrinsic Value
Outstanding December 31, 2016 | $
Exercisable, December 31, 2016 | $
Warrants [Member]
Number of shares upon exercise
Outstanding - January 1, 2016
Granted	2,696,040
Expired, Forfeited, or Cancelled
Exercised
Outstanding December 31, 2016	2,696,040
Exercisable, December 31, 2016	2,696,040
Weighted Average Exercise Price
Outstanding - January 1, 2016 | $ / shares
Granted | (per share)	2.08	CAD 2.79
Expired, Forfeited, or Cancelled | $ / shares
Exercised | $ / shares
Outstanding December 31, 2016 | $ / shares	2.08
Exercisable, December 31, 2016 | $ / shares	$ 2.08
Weighted Average Contractual Life (years)
Outstanding December 31, 2016	4 years 8 months 16 days
Exercisable, December 31, 2016	4 years 8 months 16 days
Intrinsic Value
Outstanding December 31, 2016 | $
Exercisable, December 31, 2016 | $

Share Capital and Other Equit48

Share Capital and Other Equity Instruments (Details Textual)

Dec. 30, 2016USD ($)$ / sharesshares

Oct. 04, 2016$ / shares

Oct. 04, 2016CAD / shares

Sep. 02, 2016USD ($)$ / sharesshares

Sep. 02, 2016CADshares

Jan. 04, 2016USD ($)$ / sharesshares

Jan. 04, 2016CADshares

Feb. 04, 2015shares

May 31, 2016USD ($)shares

May 31, 2016CADshares

Apr. 30, 2016USD ($)$ / sharesshares

Apr. 30, 2016CADshares

Dec. 31, 2015USD ($)shares

Dec. 31, 2015CAD

Mar. 31, 2016USD ($)

Mar. 31, 2016CAD

Dec. 31, 2016USD ($)$ / sharesshares

Dec. 31, 2016CADCAD / sharesshares

Dec. 31, 2015USD ($)shares

Dec. 31, 2016CAD / shares

Dec. 30, 2016CAD / shares

Sep. 02, 2016CAD / shares

Apr. 30, 2016CAD / shares

Jan. 04, 2016CAD / sharesshares

Share capital and other equity instruments (Textual)

Total gross proceeds of private placement

$ 622,174

CAD 791,090

$ 622,174

CAD 791,090

Proceeds of subscriptions payable | $

$ 198,298

$ 198,298

Common stock, shares outstanding

16,230,733

18,886,497

16,230,733

Common stock, shares issued

16,230,733

18,886,497

16,230,733

Weighted average exercise price | $ / shares

$ 1.90

Weighted average remaining contractual life

4 years 1 month 10 days

4 years 1 month 10 days

Stock options remaining contractual life

4 years 3 months 11 days

4 years 3 months 11 days

Aggregate common shares of granted

1,075,000

1,075,000

271,996

Stock options outstanding

271,996

1,346,996

271,996

Stock based compensation expense | $

$ 152,322

Incentive Stock Option Plan [Member]

Share capital and other equity instruments (Textual)

Common stock, shares outstanding

1,623,073

1,623,073

Common stock, shares issued

1,623,073

1,888,849

1,623,073

Percentage of issued and outstanding of common shares

10.00%

10.00%

10.00%

Stock Option [Member]

Share capital and other equity instruments (Textual)

Board of directors granted options for purchase, Shares

271,996

271,996

Weighted average exercise price | (per share)

$ 1.90

CAD 2.50

$ 4.82

CAD 6.39

Weighted average remaining contractual life

3 years 6 months 7 days

3 years 6 months 7 days

Fair value of per share | $ / shares

$ 1.59

Vesting term

Vesting equally in thirds commencing initially on the effective date of grant of October 4, 2016 and thereafter on October 31, 2016, and March 31, 2017 with a five-year term.

Vesting equally in thirds commencing initially on the effective date of grant of October 4, 2016 and thereafter on October 31, 2016, and March 31, 2017 with a five-year term.

Stock options exercisable date

Jan. 17, 2016

Jan. 17, 2016

Warrant [Member]

Share capital and other equity instruments (Textual)

Aggregate warrants purchase of common stock

2,696,040

2,696,040

Exercise price of warrant | (per share)

$ 2.08

CAD 2.79

Weighted average exercise price | (per share)

$ 2.08

CAD 2.79

Weighted average remaining contractual life

4 years 8 months 16 days

4 years 8 months 16 days

Stock options remaining contractual life

4 years 8 months 16 days

4 years 8 months 16 days

Aggregate common shares of granted

2,696,040

2,696,040

Stock options outstanding

2,696,040

Private Placement [Member]

Share capital and other equity instruments (Textual)

Aggregate warrants purchase of common stock

101,009

101,009

Exercise price of warrant | (per share)

$ 2.08

$ 2.08

$ 2.60

$ 1.93

CAD 2.80

CAD 2.80

CAD 2.60

CAD 3.50

Total gross proceeds of private placement

$ 1,423,618

$ 1,423,618

CAD 1,833,378,000

$ 216,534

CAD 300,000

$ 198,298

CAD 275,000

$ 18,236

CAD 25,000

$ 909,855

CAD 1,213,140

Proceeds of subscriptions payable | $

$ 198,298

$ 198,298

Common stock shares subscription

101,009

101,009

Sale of price per unit | (per share)

$ 0.90

$ 1.32

$ 2.14

$ 1.34

CAD 1.20

CAD 1.70

CAD 1.70

CAD 2.97

Net proceeds of private placement

$ 842,018

$ 1,407,841

CAD 1,830,029,000

$ 870,447

CAD 1,129,922

Issuance of private placement share

40,276

40,276

Sale of stock description of transaction

Each unit consists of one common share of the Company and one warrant at an exercise price of CAD $2.80 which expires five years after the date of issuance.

Each unit consists of one common share of the Company and one warrant at an exercise price of CAD $2.80 (USD $2.08 as of December 31, 2016) which expire five years after the date of issuance.

Each unit consists of one common share of the Company and one warrant at an exercise price of CAD $2.80 (USD $2.08 as of December 31, 2016) which expire five years after the date of issuance.

Issuance of private placement units

1,010,950

1,078,458

1,078,458

101,009

101,009

640,000

465,347

465,347

465,347

465,347

Warrants expire

5 years

5 years

5 years

5 years

5 years

5 years

5 years

Units issued

2,655,764

2,655,764

Stock options outstanding

271,996

1,346,996

271,996

Mining Expenditures (Details)

Mining Expenditures (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Mining Expenditures [Abstract]
Permits	$ 127,430	$ 122,397
Maintenance	238,047	319,482
Lease abandonment
Contract Labor	7,805	5,003
Royalties	16,550	10,330
Total mining expenditures	$ 389,832	$ 457,212

Income Taxes (Details)

Income Taxes (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Net operating loss carryovers	$ 4,729,737	$ 3,739,799
Marketable securities	23,473	23,298
Accrued expenses	91,925	91,526
Deferred tax assets, gross	4,845,135	3,854,623
Less: valuation allowance	(1,578,784)	(531,983)	$ (5,197,981)
Deferred tax assets, net	3,266,351	3,322,640
Deferred tax liabilities:
Property and equipment	(7,329,681)	(7,385,970)
Deferred tax assets (liabilities), net	$ (4,063,330)	$ (4,063,330)

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Taxes [Abstract]
Beginning of year	$ 531,983	$ 5,197,981
(Decrease) increase in valuation allowance	1,046,801	(4,665,998)
End of year	$ 1,578,784	$ 531,983

Income Taxes (Details 2)

Income Taxes (Details 2)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Taxes [Abstract]
U.S. federal statutory rate	(34.00%)	(34.00%)
State and foreign taxes	(3.20%)	(3.20%)
Permanent differences
Non-deductible expenses	2.70%	3.60%
Valuation allowance	48.10%	33.60%
True-up of prior year deferred tax assets	(13.60%)	0.00%
Effective income tax rate	0.00%	0.00%

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Nov. 20, 2014
Income Taxes [Abstract]
Net operating loss	$ 12,717,346
Expiry date	Dec. 31, 2026
Valuation allowance of deferred tax assets	$ 1,578,784	$ 531,983	$ 5,197,981
Ownership percentage	5.00%			100.00%

Related Party Transactions (I54

Related Party Transactions (Including key Management Compensation) (Details)	1 Months Ended	3 Months Ended	12 Months Ended
	Jan. 31, 2016USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Sep. 16, 2015USD ($)	Sep. 16, 2015AUD
Related Party Transactions (Including Key Management Compensation) (Textual)
Accounts payable and accrued liabilities payable		$ 0	$ 0	$ 0
Amount of contingent consideration		372,000	372,000
Deferred contingent consideration, current				500,000
Unrealized foreign exchange gain			128,000
Professional Fees			704,837	379,093
Consulting Agreement [Member]
Related Party Transactions (Including Key Management Compensation) (Textual)
Professional Fees			149,244
Director [Member]
Related Party Transactions (Including Key Management Compensation) (Textual)
Consulting fees			47,660	49,192
Director fees			3,021	6,325
Accounts payable and accrued liabilities payable		0	0	5,074
Amount of contingent consideration					$ 372,000	AUD 500,000
US Limited Liability Company [Member]
Related Party Transactions (Including Key Management Compensation) (Textual)
Consulting fees			100,000
Accounts payable and accrued liabilities payable		0	$ 0	14,833
Term of the contract			1 year
Consulting fees per month	$ 8,333	$ 6,500
Incurred fees			$ 94,351	$ 119,500
Chief Financial Officer [Member]
Related Party Transactions (Including Key Management Compensation) (Textual)
Professional Fees			$ 162,000

Subsequent Events (Details)

Subsequent Events (Details)	Feb. 08, 2017USD ($)	Feb. 02, 2017USD ($)shares	Sep. 02, 2016USD ($)	Mar. 31, 2017USD ($)$ / sharesshares	Mar. 31, 2017CADshares	Dec. 31, 2016USD ($)shares	Dec. 31, 2015USD ($)	Mar. 31, 2017CAD / shares
Subsequent Event [Line Items]
Proceeds from issuance private placement							$ 14,237,331
Proceeds from issuance private placement, share | shares						271,996
Private Placement [Member]
Subsequent Event [Line Items]
Proceeds from issuance private placement			$ 1,423,618			$ 3,088,567
Subsequent Events [Member]
Subsequent Event [Line Items]
Common stock issued | shares		53,788
Accounts payable		$ 82,640
Base salary	$ 180,000
Subsequent Events [Member] | Private Placement [Member]
Subsequent Event [Line Items]
Sale of stock description of transaction				Each unit consists of one share of the Company's common stock and a warrant for the purchase of one share of the Company's common stock. Each warrant is immediately exercisable at a price of CAD $3.25 and expires five years from the date of issuance.	Each unit consists of one share of the Company's common stock and a warrant for the purchase of one share of the Company's common stock. Each warrant is immediately exercisable at a price of CAD $3.25 and expires five years from the date of issuance.
Proceeds from issuance private placement				$ 835,805	CAD 1,110,263
Proceeds from issuance private placement, share | shares				634,424	634,424
Price per share | (per share)				$ 1.35				CAD 1.75