Goldrich Mining (GRMC) 10-Q 9 Nov 22 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2022	Nov. 09, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2022
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	001-06412
Entity Registrant Name	GOLDRICH MINING COMPANY
Entity Central Index Key	0000059860
Entity Tax Identification Number	91-0742812
Entity Incorporation, State or Country Code	AK
Entity Address, Address Line One	2525 E. 29th Ave. Ste. 10B-160
Entity Address, City or Town	Spokane
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	99223
City Area Code	(509)
Local Phone Number	535-7367
Title of 12(b) Security	Common Stock, $0.10 par value
Trading Symbol	GRMC
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		185,448,412

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 5,883	$ 3,762
Prepaid expenses	63,329	107,883
Total current assets	69,212	111,645
Mineral interests:
Mineral interests	626,428	626,428
Total mineral interests	626,428	626,428
Other assets:
Investment in CGL LLC	25,000	25,000
Total other assets	25,000	25,000
Total assets	720,640	763,073
Current liabilities:
Accounts payable and accrued liabilities	1,931,786	1,857,927
Interest payable	790,699	674,800
Interest payable – related party	1,838,386	1,531,199
Related party payable	1,130,173	1,017,403
Notes payable	1,088,421	1,088,421
Notes payable – related party	4,094,737	4,064,211
Notes payable in gold	484,755	481,780
Dividends payable on preferred stock	30,618	30,618
Total current liabilities	11,389,575	10,746,359
Long-term liabilities:
Subscription payable	40,000	40,000
Remediation and asset retirement obligation	272,050	268,677
Total long-term liabilities	312,050	308,677
Total liabilities	11,701,625	11,055,036
Stockholders’ deficit:
Convertible preferred stock series F; no par value, 300 shares authorized, 153 and 153 shares issued and outstanding, $50,000 liquidation preference
Common stock; $0.10 par value, 750,000,000 shares authorized; 185,448,412 and 179,787,595 issued and outstanding, respectively	18,544,841	17,978,760
Additional paid-in capital	10,447,652	10,880,576
Accumulated deficit	(40,244,653)	(39,422,474)
Total stockholders’ deficit	(10,980,985)	(10,291,963)
Total liabilities and stockholders’ deficit	720,640	763,073
Series A Preferred Stock [Member]
Stockholders’ deficit:
Convertible preferred stock series F; no par value, 300 shares authorized, 153 and 153 shares issued and outstanding, $50,000 liquidation preference	150,000	150,000
Series B Preferred Stock [Member]
Stockholders’ deficit:
Convertible preferred stock series F; no par value, 300 shares authorized, 153 and 153 shares issued and outstanding, $50,000 liquidation preference	57,758	57,758
Series C Preferred Stock [Member]
Stockholders’ deficit:
Convertible preferred stock series F; no par value, 300 shares authorized, 153 and 153 shares issued and outstanding, $50,000 liquidation preference	52,588	52,588
Series D Preferred Stock [Member]
Stockholders’ deficit:
Convertible preferred stock series F; no par value, 300 shares authorized, 153 and 153 shares issued and outstanding, $50,000 liquidation preference
Series E Preferred Stock [Member]
Stockholders’ deficit:
Convertible preferred stock series F; no par value, 300 shares authorized, 153 and 153 shares issued and outstanding, $50,000 liquidation preference	10,829	10,829
Series F Preferred Stock [Member]
Stockholders’ deficit:
Convertible preferred stock series F; no par value, 300 shares authorized, 153 and 153 shares issued and outstanding, $50,000 liquidation preference

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Preferred Stock, Par or Stated Value Per Share	$ 0	$ 0
Preferred Stock, Shares Authorized	8,998,700	8,998,700
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par Value	$ 0.10	$ 0.10
Common Stock, Shares Authorized	750,000,000	750,000,000
Common Stock, Shares, Issued	185,448,412	179,787,595
Common Stock, Shares, Outstanding	185,448,412	179,787,595
Series A Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 0	$ 0
Preferred Stock, Shares Authorized	1,000,000	1,000,000
Preferred Stock, Shares Issued	150,000	150,000
Preferred Stock, Shares Outstanding	150,000	150,000
Preferred Stock, Liquidation Preference, Value	$ 300,000	$ 300,000
Series B Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 0	$ 0
Preferred Stock, Shares Authorized	300	300
Preferred Stock, Shares Issued	200	200
Preferred Stock, Shares Outstanding	200	200
Preferred Stock, Liquidation Preference, Value	$ 200,000	$ 200,000
Series C Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 0	$ 0
Preferred Stock, Shares Authorized	250	250
Preferred Stock, Shares Issued	250	250
Preferred Stock, Shares Outstanding	250	250
Preferred Stock, Liquidation Preference, Value	$ 250,000	$ 250,000
Series D Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 0	$ 0
Preferred Stock, Shares Authorized	90	150
Preferred Stock, Shares Issued	90	150
Preferred Stock, Shares Outstanding	90	150
Preferred Stock, Liquidation Preference, Value	$ 90,000	$ 150,000
Series E Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 0	$ 0
Preferred Stock, Shares Authorized	300	300
Preferred Stock, Shares Issued	300	300
Preferred Stock, Shares Outstanding	300	300
Preferred Stock, Liquidation Preference, Value	$ 300,000	$ 300,000
Series F Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 0	$ 0
Preferred Stock, Shares Authorized	300	300
Preferred Stock, Shares Issued	153	153
Preferred Stock, Shares Outstanding	153	153
Preferred Stock, Liquidation Preference, Value	$ 50,000	$ 50,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Operating expenses:
Mine preparation costs	$ 5,397	$ 12,308	$ 14,227	$ 31,697
Exploration expense		3,276		8,012
Management fees and salaries	45,900	54,600	97,425	109,756
Professional services	22,729	32,099	60,940	80,497
General and administration	51,737	74,724	104,096	214,300
Office supplies and other	7,330	8,844	15,899	12,135
Directors’ fees		15,100	3,600	16,300
Mineral property maintenance	31,486	31,487	62,973	62,973
Arbitration costs (Note 3)	9,303	31,305	17,078	64,733
Total operating expenses	173,882	263,743	376,238	600,403
Other (income) expense:
Change in fair value of notes payable in gold	(33,389)	19,235	2,975	(33,202)
Interest expense and finance costs – related party	154,779	141,005	307,187	279,031
Interest expense and finance costs	62,116	61,736	135,779	120,075
Gain on forgiveness of CARES Act PPP loan		(51,135)		(51,135)
Total other (income) expense	183,506	170,841	445,941	314,769
Net loss	357,388	434,584	822,179	915,172
Preferred dividends	1,896	1,896	3,771	3,771
Net loss available to common stockholders	$ 359,284	$ 436,480	$ 825,950	$ 918,943
Net loss per common share – basic and diluted	$ 0	$ 0	$ 0	$ (0.01)
Weighted average common shares outstanding – basic and diluted	321,412,413	172,346,094	182,762,134	170,684,356

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Stockholders' (Deficit) (Unaudited) - USD ($)	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2020	$ 16,792,637	$ 271,175	$ 11,715,072	$ (37,663,315)	$ (8,884,431)
Shares, Outstanding, Beginning Balance at Dec. 31, 2020	167,926,376	151,053
Warrants exercised	$ 433,333		(303,333)		130,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	4,333,333
Net Loss				(480,588)	(480,588)
Ending balance, value at Mar. 31, 2021	$ 17,225,970	$ 271,175	11,411,739	(38,143,903)	(9,235,019)
Shares, Outstanding, Ending Balance at Mar. 31, 2021	172,259,709	151,053
Beginning balance, value at Dec. 31, 2020	$ 16,792,637	$ 271,175	11,715,072	(37,663,315)	(8,884,431)
Shares, Outstanding, Beginning Balance at Dec. 31, 2020	167,926,376	151,053
Net Loss					(915,172)
Preferred D conversion to common stock
Shares issued for accrued interest					4,212
Ending balance, value at Jun. 30, 2021	$ 17,254,046	$ 271,175	11,387,875	(38,578,487)	(9,665,391)
Shares, Outstanding, Ending Balance at Jun. 30, 2021	172,540,461	151,053
Beginning balance, value at Dec. 31, 2020	$ 16,792,637	$ 271,175	11,715,072	(37,663,315)	$ (8,884,431)
Shares, Outstanding, Beginning Balance at Dec. 31, 2020	167,926,376	151,053
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	11,580,467				347,414
Ending balance, value at Dec. 31, 2021	$ 17,978,760	$ 271,175	10,880,576	(39,422,474)	$ (10,291,963)
Shares, Outstanding, Ending Balance at Dec. 31, 2021	179,787,595	151,053
Beginning balance, value at Mar. 31, 2021	$ 17,225,970	$ 271,175	11,411,739	(38,143,903)	(9,235,019)
Shares, Outstanding, Beginning Balance at Mar. 31, 2021	172,259,709	151,053
Net Loss				(434,584)	(434,584)
Shares issued for accrued interest	$ 28,076		(23,864)		4,212
Stock Issued During Period, Shares, Other	280,752
Ending balance, value at Jun. 30, 2021	$ 17,254,046	$ 271,175	11,387,875	(38,578,487)	(9,665,391)
Shares, Outstanding, Ending Balance at Jun. 30, 2021	172,540,461	151,053
Beginning balance, value at Dec. 31, 2021	$ 17,978,760	$ 271,175	10,880,576	(39,422,474)	(10,291,963)
Shares, Outstanding, Beginning Balance at Dec. 31, 2021	179,787,595	151,053
Warrants exercised	$ 266,081		(162,924)		103,157
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	2,660,817
Net Loss				(464,791)	(464,791)
Ending balance, value at Mar. 31, 2022	$ 18,244,841	$ 271,175	10,717,652	(39,887,265)	(10,653,597)
Shares, Outstanding, Ending Balance at Mar. 31, 2022	182,448,412	151,053
Beginning balance, value at Dec. 31, 2021	$ 17,978,760	$ 271,175	10,880,576	(39,422,474)	(10,291,963)
Shares, Outstanding, Beginning Balance at Dec. 31, 2021	179,787,595	151,053
Warrants exercised					133,157
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	3,660,817
Net Loss					(822,179)
Preferred D conversion to common stock					200,000
Shares issued for accrued interest
Ending balance, value at Jun. 30, 2022	$ 18,544,841	$ 271,175	10,447,652	(40,244,653)	(10,980,985)
Shares, Outstanding, Ending Balance at Jun. 30, 2022	185,448,412	150,993
Beginning balance, value at Mar. 31, 2022	$ 18,244,841	$ 271,175	10,717,652	(39,887,265)	(10,653,597)
Shares, Outstanding, Beginning Balance at Mar. 31, 2022	182,448,412	151,053
Warrants exercised	$ 100,000		(70,000)		30,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	1,000,000
Net Loss				(357,388)	(357,388)
Preferred D conversion to common stock	$ 200,000		(200,000)
Preferred D Conversion to Common Stock in Shares	2,000,000	(60)
Ending balance, value at Jun. 30, 2022	$ 18,544,841	$ 271,175	$ 10,447,652	$ (40,244,653)	$ (10,980,985)
Shares, Outstanding, Ending Balance at Jun. 30, 2022	185,448,412	150,993

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net loss	$ (822,179)	$ (915,172)
Adjustments to reconcile net loss to net cash used in operating activities:
Change in fair value of notes payable in gold	2,975	(33,202)
Accretion of asset retirement obligation	3,373	3,244
Gain on forgiveness of CARES Act PPP loan		(51,135)
Common stock issued for interest payable		4,212
Amortization of discount on notes payable – related party	1,526	6,105
Change in:
Prepaid expenses	44,554	40,218
Accounts payable and accrued liabilities	73,859	122,268
Interest payable	115,899	112,292
Interest payable – related party	307,187	274,819
Related party payable	112,770	148,743
Net cash used - operating activities	(160,036)	(287,608)
Cash flows from financing activities:
Proceeds from warrant exercises	133,157	130,000
Proceeds on subscription payable		40,000
Proceeds from notes payable– related party	29,000	116,000
Net cash provided - financing activities	162,157	286,000
Net change in cash and cash equivalents	2,121	(1,608)
Cash and cash equivalents, beginning of period	3,762	1,931
Cash and cash equivalents, end of period	5,883	323
Non-cash Investing and Financing Activities:
Common shares issued for conversion of preferred D	$ 200,000

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	1. BASIS OF PRESENTATION The unaudited financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America for interim financial information, as well as the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements and as a result, they are condensed. In the opinion of the Company’s management, all adjustments (consisting of only normal recurring accruals) considered necessary for a fair presentation of the interim financial statements have been included. Operating results for the six-month period ended June 30, 2022 are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2022. For further information refer to the financial statements and footnotes thereto in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. Going Concern The accompanying condensed consolidated financial statements have been prepared under the assumption that the Company will continue as a going concern. The Company has incurred losses since its inception and does not have sufficient cash to fund normal operations and meet debt obligations for the next 12 months without deferring payment on certain current liabilities and/or raising additional funds. The Company currently has no historical recurring source of revenue and an accumulated deficit of $ 40,244,653 11,320,363 10,634,715 The condensed consolidated financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern. If the going concern basis were not appropriate for these financial statements, adjustments would be necessary in the carrying value of assets and liabilities, the reported expenses and the balance sheet classifications used.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Earnings (Loss) Per Share For the six-month periods ended June 30, 2022 and 2021, potentially dilutive shares including outstanding stock options, warrants and convertible preferred stock were excluded from the computation of diluted loss per share because they were anti-dilutive due to net losses in those periods. For the periods ended June 30, 2022 and 2021, potentially dilutive common stock equivalents excluded from the calculation of diluted earnings per share are as follows: Schedule of Anti-Dilutive Stock Common Stock Equivalent June 30, 2022 June 30, 2021 Stock options 1,050,000 1,050,000 Warrants 18,667,077 29,575,028 Convertible Preferred Stock 30,190,475 32,190,475 Total 49,907,552 62,815,503 Recent Accounting Pronouncements In August 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) ASU No. 2020-06 Debt – Debt With Conversion And Other Options (Subtopic 470-20) And Derivatives and Hedging – Contracts In Entity’s Own Equity (Subtopic 815-40): Accounting For Convertible Instruments And Contracts In An Entity’s Own Equity Other accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the condensed consolidated financial statements upon adoption. Fair Value Measurements When required to measure assets or liabilities at fair value, the Company uses a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used. The Company determines the level within the fair value hierarchy in which the fair value measurements in their entirety fall. The categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Level 1 uses quoted prices in active markets for identical assets or liabilities, Level 2 uses significant other observable inputs, and Level 3 uses significant unobservable inputs. The amount of the total gains or losses for the period are included in earnings that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date. During 2022 and 2021, the Company determined fair value on a recurring basis and non-recurring basis as follows: Schedule of Fair Value of Assets and Liabilities Balance Balance Fair Value Liabilities Recurring: Notes payable in gold (Note 7) $ 484,755 $ 481,780 2 The carrying amounts of financial instruments, including notes payable and notes payable – related party, approximate fair value at June 30, 2022 and December 31, 2021. The inputs to the valuation of Level 2 liabilities are described in Note 6 Notes Payable in Gold

JOINT VENTURE

JOINT VENTURE	6 Months Ended
	Jun. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]
JOINT VENTURE	3. JOINT VENTURE On April 3, 2012, Goldrich Placer, LLC (“GP”), a subsidiary of Goldrich, entered into a term sheet for a joint venture with NyacAU, LLC (“NyacAU”), an Alaskan private company, to bring Goldrich’s Chandalar placer gold properties into production as defined in the joint venture agreement (the “Operating Agreement”), which was subsequently signed and made effective April 2, 2012. In each case as used herein in reference to the JV, ‘production’ is as defined by the Operating Agreement. As part of the Operating Agreement, GP and NyacAU (together the “Members”) formed a 50:50 joint venture company, Goldrich NyacAU Placer LLC (“GNP”), to operate the Chandalar placer mines, with NyacAU acting as managing partner. Arbitration In December 2017, the Company filed an arbitration statement of claim against NyacAU and other parties. The claim challenged certain accounting treatment of capital leases, allocations of tax losses, charges to the JV for funding costs related to the JV manager’s financing, related-party transactions, and other items of dispute in a previous mediation that was unsuccessful in reaching an agreement. As a result, the Company participated in an arbitration before a panel of three independent arbitrators during 2018 to address these items. Through 2021 and the date of filing of this report in 2022, the Company has continued to respond to panel inquiries, make motions to prosecute or defend positions, answer motions made by the opposing JV partner and aggressively support the Company’s efforts toward success. The Company records amounts for loss when it is probable that a liability could be incurred and can be reasonably estimated. To date, the arbitration proceedings are still in progress, with some rulings being issued for and against the Company’s positions. No assurance can be given that the arbitration will result in a successful outcome for the Company. Due to uncertainties relating to the pending outcome, the financial statements contain only adjustments for the final results of the arbitration that are estimable and probable. See Note 8 Commitments and Contingencies 9,303 17,078 31,305 64,733 CGL: The Company invested $25,000 in a 49% interest in Chandalar Gold LLC (“CGL”) during the year ended December 31, 2020. The Company does not have control or significant influence over CGL and accounts for it using the equity method. During the six months ended June 30, 2022, and the year ended December 31, 2021, CGL had no operating activities. Goldrich has accrued a distribution to CGL of $35,794 in accrued liabilities; if and when that distribution is remitted to CGL, the Company would in turn receive a distribution of approximately 49% of that distribution back from CGL as a result of its ownership.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	4. RELATED PARTY TRANSACTIONS In addition to related party transactions described in Note 5, the Company has accrued amounts to the Company’s Chief Executive Officer (“CEO”), Chief Financial Officer (“CFO”), and board of directors fees for amounts earned but not yet paid. Beginning in January 2016 and through June 30, 2022, the CEO’s salary has not been paid in full. Salary due to the CFO has been accrued and remains unpaid, as have board of directors’ fees. Schedule of Related Party Transactions CEO Six Months ended 6/30/22 Year ended 12/31/21 Balance at beginning of period $ 793,720 $ 590,851 Deferred salary 90,000 180,000 Deferred expenses 11,745 40,220 Payments - (17,351 ) Ending Balance $ 895,465 $ 793,720 CFO Balance at beginning of period $ 91,981 $ 88,736 Deferred 7,425 27,768 Payments - (24,523 ) Ending Balance $ 99,406 $ 91,981 Board fees payable 135,302 131,702 Total Related party payables $ 1,130,173 $ 1,017,403

NOTES PAYABLE & NOTES PAYABLE _

NOTES PAYABLE & NOTES PAYABLE – RELATED PARTY	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
NOTES PAYABLE & NOTES PAYABLE – RELATED PARTY	5. NOTES PAYABLE & NOTES PAYABLE – RELATED PARTY At June 30, 2022, the Company had outstanding notes payable of $ 1,088,421 4,094,737 1,088,421 4,064,211 During the six months ended June 30, 2022, the Company borrowed no additional amounts under the notes payable and a net $29,000 under the notes payable – related party. The amount borrowed during the period of $29,000 consists of a principal balance of $30,526 less a discount of 5%, or $ 1,526 6,105 During the three and six months ended June 30, 2022 the Company incurred finder fees totaling $870 to related party entities compared to $1,290 and $3,480 for the three- and six-month periods ended June 30, 2021, respectively. Interest of $194,845 and $388,819 was expensed during the three- and six-month periods ended June 30, 2022, respectively, of which $ 154,779 307,187 141,005 279,031 Inter-Creditor Agreement As a result of an Amended and Restated Loan, Security, and Intercreditor Agreement (the “Amended Agreement”) dated November 1, 2019 and a First Amendment dated August 25, 2021, for each holder of the notes payable, whether or not a related party: 1. The borrower and holder entered into a Deed of Trust whereunder the notes are secured by a security interest in all real property, claims, contracts, agreements, leases, permits and the like. 2. The Company entered into a written Guaranty (“Guaranty”) whereunder, among other conditions, the Company unconditionally guarantees and promises to pay to the order of each holder the principal sum and all interest payable on each note payable held by such holder when and as the same becomes due, whether at the stated maturity thereof, by acceleration, call for redemption, tender, or otherwise. The Company is not in default as no demand has been made for payment or delivery. 3. Mr. Gallagher, at his option, has the right to convert outstanding but unpaid and future interest on his note into shares of the Company’s common stock at $0.015 per share. 4. All loans by Mr. Gallagher and any additional loans made by Mr. Gallagher are designated as Senior Notes and accounted for as Notes payable – related party and all loans by the other holders made prior to August 25, 2021 were designated as Junior Notes. Additionally, notes arising in the future to certain unrelated parties are also designated as Senior notes. Senior Notes, which include principal and interest are entitled to be repaid in full before any of the Junior Notes are repaid. 5. The Company confirmed that the written Guaranty extends to the repayment of additional loans made by the holders. 6. The Company confirmed that repayment of additional loans will be and remain secured by the Deed of Trust.

NOTES PAYABLE IN GOLD

NOTES PAYABLE IN GOLD	6 Months Ended
	Jun. 30, 2022
Notes Payable In Gold
NOTES PAYABLE IN GOLD	6. NOTES PAYABLE IN GOLD During 2013, the Company issued notes payable in gold totaling $820,000, less a discount of $205,000, for net proceeds of $615,000. Under the terms of the notes, the Company agreed to deliver gold to the holders at the lesser of $1,350 per ounce of fine gold or a 25% discount to market price as calculated on the contract date and specify delivery of gold in November 2014. After several amendments to the terms of the note agreements, through the date of the issuance of these financial statements, the gold notes have not been paid and the note holders have not demanded payment or delivery of gold. At June 30, 2022 and December 31, 2021, 266.788 ounces of fine gold was due and deliverable to the holder of the notes. At June 30, 2022, the Company estimates the fair value of the notes based on the market approach with Level 2 inputs of gold delivery contracts based upon previous contractual delivery dates, using the market price of gold on June 30, 2022 of approximately $1,817 per ounce as quoted on the London PM Fix market or $ 484,755 33,389 At December 31, 2021, the fair value was calculated using the market approach with Level 2 inputs of gold delivery contracts based upon previous contractual delivery dates. At December 31, 2021, the Company had outstanding total notes payable in gold of $ 481,780 Interest of $ 11,377 22,358 115,765 10,307 20,255 71,778

STOCKHOLDERS_ DEFICIT

STOCKHOLDERS’ DEFICIT	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
STOCKHOLDERS’ DEFICIT	7. STOCKHOLDERS’ DEFICIT During the six months ended June 30, 2022, the Company received $ 133,157 3,660,817 During the six months ended June 30, 2022, a holder of Preferred D stock, converted 60 2,000,000 During the year ended December 31, 2021, the Company received $ 347,414 11,580,467 At June 30, 2022 and 2021, the following warrants were outstanding: Schedule of Warrants Outstanding Number of Weighted Weighted Balance, December 31, 2020 37,241,694 $ 0.036 1.66 Exercised (4,333,333 ) 0.03 Expired (3,333,333 ) 0.045 Balance, June 30, 2021 29,575,028 0.036 1.43 Balance, December 31, 2021 22,327,894 0.038 1.84 Exercised (3,660,817 ) 0.036 Balance, June 30, 2022 18,667,077 $ 0.032 1.41 At June 30, 2022 and 2021, the following options were outstanding: Schedule of Stock Option Outstanding Number of Weighted Weighted Balance, December 31, 2020 1,075,000 $ 0.06 5.24 Expired (25,000 ) 0.21 Balance, June 30, 2021 1,050,000 0.05 4.86 Balance, December 31, 2021 1,050,000 0.05 4.35 Balance, June 30, 2022 1,050,000 $ 0.05 3.86

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	8. COMMITMENTS AND CONTINGENCIES The Company is subject to Alaska state annual claims rental fees in order to maintain our non-patented claims. In addition to the annual claims rental fees of approximately $125,945 due November 30 of each year, we are also required to meet annual labor requirements of approximately $61,100 due November 30 of each year. The Company is able to carry forward costs for annual labor that exceed the required yearly totals for four years. The Company has significant carryovers to 2022 to satisfy its annual labor requirements. This carryover expires in the years 2022 through 2026 if unneeded to satisfy requirements in those years. Arbitration In 2017, the Company, its subsidiary and the joint venture, as claimants, filed an arbitration statement of claim before a three-member Arbitration Panel (“the Panel”), against our JV partner and its affiliates; NyacAU, LLC (“NyacAU”), BEAR Leasing, LLC, and Dr. J. Michael James, as respondents. In 2018, the respondents filed a counter-claim against the Company, its subsidiaries and certain members of the Company’s current and former management, the counterclaim respondents. The arbitration claim alleged, amongst other things, claims concerning related-party transactions, accounting issues including capital vs. operating leases, interpretation of the joint venture operating agreement, allocation of tax losses between the joint venture partners, and unpaid amounts due Goldrich relating to the Chandalar Mine. It is possible that there could be either adverse or favorable developments in the arbitration pending with the Company and its JV partner. The Company records provisions in the condensed consolidated financial statements for pending arbitration results when it determines that an outcome is probable, and the amount of loss can be reasonably estimated. At the present time, except as stated otherwise, while it is reasonably possible that a favorable or unfavorable outcome in the arbitration may occur, after assessing the information available, management is unable to estimate the possible loss, or range of losses, for the pending arbitration; and accordingly, no estimated losses have been accrued in the condensed consolidated financial statements for favorable or unfavorable outcomes. Legal defense costs are expensed as incurred. Favorable rulings would not result in the recognition of gains prior to offsetting against losses, due to the ruling being an estimate which must be constructively received prior to recognition. During the year ended December 31, 2019, and through the date of this report, the Panel released various awards relating to the allegations of both parties. Some of which have been in favor of the Company’s positions some have been in favor of our JV partner and its affiliates. The arbitration is ongoing and the various parties to the claims and counterclaims continue to disagree on several matters. On May 25, 2019, the Panel issued an Interim Award, which requested input from the parties on a small number of discrete issues, all input to be supported by references to the arbitration record. On November 30, 2019, the Panel ordered the Partial Final Award and concurrently the Second Interim Award Regarding Dissolution/Liquidation of GNP and Related Issues (“the Second Interim Award”). The Partial Final Award The Partial Final Award addressed several matters including leases and the impact of their characterization on interim distributions. As a result, the Panel determined that the Company is entitled to an additional $214,797 in distributions for 2016 and an additional $198,644 for 2017, for a total of $413,441 from GNP. In like manner, the Panel determined that NyacAU is entitled to an additional $413,441 in distributions for these years. As the Company is uncertain as to the collectability of these distributions, no recognition of these revenues is included in its condensed consolidated statement of operations for the three and six months ended June 30, 2022. The Partial Final Award also addressed the Company’s claim for payment of interest earned by LOC1. The Panel determined that NyacAU should pay the Company 50% of the interest earned on LOC1 actually received by NyacAU, or $126,666. NyacAU challenged this award but the Panel issued an additional ruling stating the amount owed to be $120,883 to Goldrich plus 5% prejudgment interest on unpaid LOC1 interest as it fell due, see Supplemental Orders 5-8 The Panel ruled Goldrich was responsible to pay NyacAU for the 2012 reclamation work and NyacAU is also entitled to 5% interest on the award from the date the first invoice was sent to Goldrich in 2014. During the year ended December 31, 2019, Goldrich accrued a liability for this ruling on its condensed consolidated balance sheet of $421,366 included in accounts payable and interest payable, however, Goldrich has contested the party to whom payment should be made and whether additional amounts not invoiced by GNP should be included in the award. This matter is discussed further in the Order on Respondents’ Motion to Confirm Judgment The Partial Final Award found the Company liable for an act of negligent misrepresentation regarding the concealment of certain technical information from NyacAU. The Company has vigorously disputed the concealment and the finding of negligence. Nevertheless, as a result of the Panel’s determination, the Panel awarded Dr. J. Michael James a reimbursement of 17% of his previous $350,000 stock investment in the Company or $59,500 plus prejudgment interest of 5% and legal fees. In addition, the Panel awarded Dr. James $9,858, plus prejudgment interest at 5% and legal fees, for personal expenses incurred relating to GNP’s operations. This matter is discussed further in the Judgements Issued by Superior Court The Second Interim Award The Second Interim Award was necessitated by the fact that the dissolution/liquidation of the joint venture had not yet run its course. In the Second Interim Award the Panel ordered that: a) No later than January 15, 2020, NyacAU and Goldrich shall attempt to establish, by agreement, a market value for the GNP permit in connection with a transfer of the Permit to Goldrich or a third party, taking into consideration the obligation of GNP, or any transferee of the permit, to complete reclamation in accordance with NyacAU’s government-approved reclamation plan. b) Reasonably prior to May 31, 2020, NyacAU shall perform its obligation to “make provision … for reclamation by (1) adding all reclamation expenses actually incurred by NyacAU to LOC1; (2) from GNP’s assets, to the extent possible after payment of GNP’s debts and liabilities and liquidation expenses”. Neither order from the Second Interim Award was successfully executed by the parties on the dates specified by the Panel. The Second Interim Award confirmed the dissolution of GNP and noted that “no provision of the Claims Lease or the Operating Agreement speaks directly to the rights or obligations of GNP to transfer its mining permit, which is held in the name of the manager, NyacAU. Although GNP no longer has the right to mine, NyacAU, as holder of the permit and as ruled by the Panel, has the liability of reclamation. Balance and payment of LOC1 The Panel calculated a tentative balance of LOC1 at $16,483,271 as of June 2019. This balance will be adjusted for any additional costs incurred by GNP in the liquidation or awards and/or adjustments made by the arbitration Panel. If there is no further placer production from these claims, Goldrich will not have a liability to pay 50% of LOC1. The Panel ruled in the Final Post Award that LOC1 cannot be increased for costs incurred after mining operations have ceased, including costs for reclamation. This deprives NyacAU of a security interest in 50% of future placer gold production at the site to repay reclamation expenses which it advances. Further, the Panel ruled that the Operating Agreement does not impose an obligation on the Company to pay 50% of the reclamation fee, but that the reclamation obligation resides with the permit holder. See Final Post Award Orders Right to Offset Damages or Distributions The Panel granted the request that any damages awarded to one party can be an offset to distributions (or damages) due to the other party. Judgements issued by Superior Court On April 29, 2020, the Superior Court of the State of Alaska issued a judgement in favor of Dr. James, in the total amount of $13,713 (for the 2012 reclamation costs personally incurred, including interest) and $83,588 (for the adjustment to Dr. James’ stock purchase, including interest). On June 9, 2020, and June 20, 2020, the Court awarded additional costs and attorney’s fees. The Court ordered both Goldrich and NyacAU to submit a status report to the Court in September 2020 regarding the Panel’s clarification of the payable for the 2012 reclamation, including interest, and to clarify the party for the award, NyacAU or GNP. The status report has been filed by both parties, and these judgements remain unpaid and in force before the Superior Court. These amounts related to these judgements were accrued for at December 31, 2019. At December 31, 2021, a total amount of $106,810 is included for the judgement and post judgement interest in accounts payable and interest payable on the condensed consolidated balance sheet. During the three and six months ended June 30, 2022, an additional $1,285 and $2,556 was accrued for interest, respectively. At June 30, 2022, a total of $109,366 is included in accounts payable and interest payable on the condensed consolidated balance sheet for the judgements. Final Post Award Orders On September 4, 2020, the arbitration panel issued Final Post Award Orders, wherein the panel issued rulings on multiple issues, including but not limited to, those discussed below: Reclamation The Company had previously filed a motion to compel NyacAU to correct accruals for certain expenses including reclamation, demobilization, equipment rental and utilities. Most notably, the Company contended that an accrual for reclamation liability was short of a much larger estimate prepared by independent professionals as engaged by Goldrich. The Panel denied the Company’s motion and ruled that Goldrich does not have the authority to compel the establishment of any reserves on the GNP financial records. The Company had previously filed a motion to compel NyacAU to reclaim the disturbed acres as required under the Operating Agreement and the mining permit issued to NyacAU in 2013, and to require NyacAU to fund the reclamation reserve from cash that had been distributed to NyacAU. The Panel denied the Company’s motion and ruled that while there was express provision in the Operating Agreement to establish reserves necessary for contingent or unforeseen liabilities or obligations, which could conceivably include reclamation reserves, the agreement does not impose an express obligation to reclaim the project site. Mining Claims All of the Company’s mining claims remain the property of the Company; however, NyacAU staked several claims contiguous to the claims owned by the Company. The Company had previously filed a motion to compel the transfer NyacAU’s claims from NyacAU to the Company. The motion was granted in part in that the claims held in NyacAU’s name were ruled to be owned by the Company, but would not be transferred immediately. They would remain in the possession of NyacAU as manager of the liquidation until the property covered by the claims was not being used for liquidation activities and could be transferred without disruption to the liquidation activity. Supplemental Orders 5-8 On December 4, 2020, the arbitration Panel issued Supplemental Orders 5-8, wherein the Panel issued rulings on multiple material issues: 2018 Profitability and 2018 Interim Distributions Under the GNP Operating Agreement, Goldrich was entitled to receive certain interim distributions based on GNP’s profitability. Goldrich received such distributions for 2016 and 2017. Goldrich challenged the Panel’s understanding of facts related to GNP’s profitability for 2018 as presented in the arbitration proceedings and made a motion for GNP to distribute interim distributions for 2018 after applying the arbitration rulings made to date. Goldrich submitted a claim to the arbitration Panel for approximately $680,000 plus prejudgment interest thereon at 5%. The arbitration Panel denied Goldrich’s claim. Based on the Panel’s ruling, the paydown by NyacAU, as manager of GNP, of Line of Credit 1 (“LOC1”) with GNP funds, rather than the payment of a 2018 interim distribution to Goldrich, is not considered a misappropriation of funds. LOC1 is a related party loan between GNP and NyacAU. The Panel ruled that GNP was dissolved at the end of the 2018 mining season (September 28, 2018) by failing to meet the Minimum Production Requirement of the GNP Operating Agreement rather than May 2019, when NyacAU published a formal notice of dissolution to the State of Alaska and to creditors. Based on this and other evidence, the Panel found that GNP was dissolved by no later than October 9, 2018, which precedes the date by which any interim distribution would otherwise have been due under the GNP Operating Agreement (October 31 - December 31, 2018). Accordingly, the Panel ruled that Goldrich is precluded from receiving any interim distributions for 2018 under the GNP Operating Agreement which provides that “[m]embers have a right to Distributions from the Company before the dissolution and winding up of the Company.” Goldrich’s Portion of Interest Paid on LOC1 Under the GNP Operating Agreement, Goldrich is to receive 50% of any interest on LOC1 paid by GNP to NyacAU. Goldrich made a claim to the Panel that GNP had paid interest to NyacAU and that Goldrich was entitled to 50% of the amount paid. The Panel ruled that NyacAU is obligated to pay Goldrich 50% of $241,797 in interest “received” by NyacAU up to October 2018, when GNP was dissolved and commenced liquidation, in the total principal amount of $120,883. Goldrich is also entitled to recover 5% prejudgment interest on unpaid LOC1 interest as it fell due through October 1, 2018, after which date no interest would be shared with Goldrich. As we are uncertain as to the collectability of these distributions, no recognition of these revenues is included in our condensed consolidated statement of operations for the period ended June 30, 2022. Clarification of Award In the Partial Final Award given in 2019, the arbitration Panel made an award to NyacAU of $377,253 in damages and pre-award interest relating to 2012 reclamation expenses incurred on Goldrich’s behalf. Goldrich made an “Application for Modification and Correction of Arbitration Award, for Vacation of Award, or for Resubmission to Arbitration Panel for Clarification”, requesting an order from the Alaska court, under the Alaska Arbitration Act, that the damages awarded for unpaid 2012 reclamation expenses were to be paid to GNP, not NyacAU, and that the Panel clarify the appropriate amount of damages and interest to be paid. The Panel ruled that it will resolve these issues after the parties submit evidence and argument supporting their respective positions on the merits. On April 7, 2021, the Panel issued two orders: - Order on Respondents’ Motion to Preserve Confidentiality of Arbitration Proceedings - Order on Respondents’ Motion to Confirm Judgement On August 30, 2021, the Panel issued the Second Partial Final Award and the Modified Second Interim Award re Dissolution/Liquidation of GNP and Related Issues. These Awards were administrative and clarifying in nature, and had no financial effects on the previous rulings. Finally, if the Superior Court of Alaska determines that GNP or any other entity is the “prevailing party” of the Superior Court proceedings, the Company will likely also be liable for a percentage (most likely 20%) of some or all of the prevailing party’s attorney’s fees for those matters adjudicated before the Court. The likelihood of such a ruling, the amount thereof and the determination of a percentage of the fees cannot be presently estimated.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	9. SUBSEQUENT EVENTS Subsequent to June 30, 2022, the Company received cash of $69,980 of additional Notes payable – related party from Mr. Nicholas Gallagher. Subsequent to June 30, 2022, the Company received cash of $30,000 in subscription payable for a private placement of common shares priced at $0.01 per share, of which $5,000 was from William Orchow, a related party. Upon closing, the Company will issue 3,000,000 common shares.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Earnings (Loss) Per Share	Earnings (Loss) Per Share For the six-month periods ended June 30, 2022 and 2021, potentially dilutive shares including outstanding stock options, warrants and convertible preferred stock were excluded from the computation of diluted loss per share because they were anti-dilutive due to net losses in those periods. For the periods ended June 30, 2022 and 2021, potentially dilutive common stock equivalents excluded from the calculation of diluted earnings per share are as follows: Schedule of Anti-Dilutive Stock Common Stock Equivalent June 30, 2022 June 30, 2021 Stock options 1,050,000 1,050,000 Warrants 18,667,077 29,575,028 Convertible Preferred Stock 30,190,475 32,190,475 Total 49,907,552 62,815,503
Recent Accounting Pronouncements	Recent Accounting Pronouncements In August 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) ASU No. 2020-06 Debt – Debt With Conversion And Other Options (Subtopic 470-20) And Derivatives and Hedging – Contracts In Entity’s Own Equity (Subtopic 815-40): Accounting For Convertible Instruments And Contracts In An Entity’s Own Equity Other accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the condensed consolidated financial statements upon adoption.
Fair Value Measurements	Fair Value Measurements When required to measure assets or liabilities at fair value, the Company uses a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used. The Company determines the level within the fair value hierarchy in which the fair value measurements in their entirety fall. The categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Level 1 uses quoted prices in active markets for identical assets or liabilities, Level 2 uses significant other observable inputs, and Level 3 uses significant unobservable inputs. The amount of the total gains or losses for the period are included in earnings that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date. During 2022 and 2021, the Company determined fair value on a recurring basis and non-recurring basis as follows: Schedule of Fair Value of Assets and Liabilities Balance Balance Fair Value Liabilities Recurring: Notes payable in gold (Note 7) $ 484,755 $ 481,780 2 The carrying amounts of financial instruments, including notes payable and notes payable – related party, approximate fair value at June 30, 2022 and December 31, 2021. The inputs to the valuation of Level 2 liabilities are described in Note 6 Notes Payable in Gold

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Schedule of Anti-Dilutive Stock Common Stock Equivalent	Schedule of Anti-Dilutive Stock Common Stock Equivalent
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	June 30, 2022 June 30, 2021 Stock options 1,050,000 1,050,000 Warrants 18,667,077 29,575,028 Convertible Preferred Stock 30,190,475 32,190,475 Total 49,907,552 62,815,503
Schedule of Fair Value of Assets and Liabilities	During 2022 and 2021, the Company determined fair value on a recurring basis and non-recurring basis as follows: Schedule of Fair Value of Assets and Liabilities
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2)	Balance Balance Fair Value Liabilities Recurring: Notes payable in gold (Note 7) $ 484,755 $ 481,780 2

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	6 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Schedule of Related Party Transactions
RELATED PARTY TRANSACTIONS	CEO Six Months ended 6/30/22 Year ended 12/31/21 Balance at beginning of period $ 793,720 $ 590,851 Deferred salary 90,000 180,000 Deferred expenses 11,745 40,220 Payments - (17,351 ) Ending Balance $ 895,465 $ 793,720 CFO Balance at beginning of period $ 91,981 $ 88,736 Deferred 7,425 27,768 Payments - (24,523 ) Ending Balance $ 99,406 $ 91,981 Board fees payable 135,302 131,702 Total Related party payables $ 1,130,173 $ 1,017,403

STOCKHOLDERS_ DEFICIT (Tables)

STOCKHOLDERS’ DEFICIT (Tables)	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Schedule of Warrants Outstanding	At June 30, 2022 and 2021, the following warrants were outstanding: Schedule of Warrants Outstanding
STOCKHOLDERS' DEFICIT	Number of Weighted Weighted Balance, December 31, 2020 37,241,694 $ 0.036 1.66 Exercised (4,333,333 ) 0.03 Expired (3,333,333 ) 0.045 Balance, June 30, 2021 29,575,028 0.036 1.43 Balance, December 31, 2021 22,327,894 0.038 1.84 Exercised (3,660,817 ) 0.036 Balance, June 30, 2022 18,667,077 $ 0.032 1.41
Schedule of Stock Option Outstanding	At June 30, 2022 and 2021, the following options were outstanding: Schedule of Stock Option Outstanding
STOCKHOLDERS' DEFICIT (Details 2)	Number of Weighted Weighted Balance, December 31, 2020 1,075,000 $ 0.06 5.24 Expired (25,000 ) 0.21 Balance, June 30, 2021 1,050,000 0.05 4.86 Balance, December 31, 2021 1,050,000 0.05 4.35 Balance, June 30, 2022 1,050,000 $ 0.05 3.86

BASIS OF PRESENTATION (Details

BASIS OF PRESENTATION (Details Narrative) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Retained Earnings (Accumulated Deficit)	$ 40,244,653	$ 39,422,474
Working Capital Deficit	$ 11,320,363	$ 10,634,715

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - shares	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Total	49,907,552	62,815,503
Convertible Preferred Stock [Member]
Total	30,190,475	32,190,475
Warrant [Member]
Total	18,667,077	29,575,028
Equity Option [Member]
Total	1,050,000	1,050,000

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Defined Benefit Plan Disclosure [Line Items]
Recurring: Notes payable in gold (Note 7)	$ 484,755	$ 481,780
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Recurring: Notes payable in gold (Note 7)	$ 484,755	$ 481,780

JOINT VENTURE (Details Narrativ

JOINT VENTURE (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Equity Method Investments and Joint Ventures [Abstract]
Legal Fees	$ 9,303	$ 31,305	$ 17,078	$ 64,733

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Balance at beginning of period	$ 1,017,403
Total Related party payables	1,130,173	$ 1,017,403
Board fees payable	135,302	131,702
Chief Executive Officer [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Balance at beginning of period	793,720	590,851
Deferred salary	90,000	180,000
Deferred expenses	11,745	40,220
Payments		(17,351)
Total Related party payables	895,465	793,720
Chief Financial Officer [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Balance at beginning of period	91,981	88,736
Payments		(24,523)
Total Related party payables	99,406	91,981
Deferred	$ 7,425	$ 27,768

NOTES PAYABLE & NOTES PAYABLE_2

NOTES PAYABLE & NOTES PAYABLE – RELATED PARTY (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Debt Disclosure [Abstract]
Notes Payable	$ 1,088,421		$ 1,088,421		$ 1,088,421
Notes Payable, Related Parties, Current	4,094,737		4,094,737		$ 4,064,211
Debt Instrument, Unamortized Discount	1,526	$ 6,105	1,526	$ 6,105
Interest Expense, Related Party	$ 141,005	$ 279,031	$ 154,779	$ 307,187

NOTES PAYABLE IN GOLD (Details

NOTES PAYABLE IN GOLD (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Short-Term Debt [Line Items]
Notes Payable in Gold	$ 484,755		$ 484,755		$ 481,780
Change in Fair Value of Notes Payable in Gold	33,389	$ (19,235)	(2,975)	$ 33,202
Interest Payable, Current	790,699		790,699		674,800
Notes Payable In Gold [Member]
Short-Term Debt [Line Items]
Interest Expense	11,377	$ 10,307	22,358	$ 20,255
Interest Payable, Current	$ 115,765		$ 115,765		$ 71,778

STOCKHOLDERS' DEFICIT (Details)

STOCKHOLDERS' DEFICIT (Details) - Warrant [Member] - $ / shares	6 Months Ended		12 Months Ended	24 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Beginning Balance	22,327,894	37,241,694	37,241,694
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Beginning Balance	$ 0.038	$ 0.036	$ 0.036
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms	1 year 4 months 28 days	1 year 5 months 5 days	1 year 10 months 2 days	1 year 7 months 28 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period	(3,660,817)	(4,333,333)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value	$ 0.036	$ 0.03
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeited in Period		(3,333,333)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value		$ 0.045
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance	18,667,077	29,575,028	22,327,894	22,327,894
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Ending Balance	$ 0.032	$ 0.036	$ 0.038	$ 0.038

STOCKHOLDERS' DEFICIT (Details

STOCKHOLDERS' DEFICIT (Details 2) - Equity Option [Member] - $ / shares	6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Offsetting Assets [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number, Beginning Balance	1,050,000	1,075,000	1,075,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Beginning Balance	$ 0.05	$ 0.06	$ 0.06
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	3 years 10 months 10 days	4 years 10 months 10 days	4 years 4 months 6 days	5 years 2 months 26 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Expirations in Period		(25,000)
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Expirations in Period, Weighted Average Exercise Price		$ 0.21
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number, Ending Balance	1,050,000	1,050,000	1,050,000	1,075,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance	$ 0.05	$ 0.05	$ 0.05	$ 0.06

STOCKHOLDERS_ DEFICIT (Details

STOCKHOLDERS’ DEFICIT (Details Narrative) - USD ($)	3 Months Ended			6 Months Ended	12 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Issued During Period, Value, Stock Options Exercised	$ 30,000	$ 103,157	$ 130,000	$ 133,157
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period					347,414
Series D Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Conversion of Stock, Shares Converted				60
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Issued During Period, Value, Stock Options Exercised	$ 100,000	$ 266,081	$ 433,333
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	1,000,000	2,660,817	4,333,333	3,660,817	11,580,467
Conversion of Stock, Shares Issued				2,000,000