Thunder Mountain Gold (THMG) 10-K 27 Mar 23 2022 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2022	Mar. 10, 2023	Jun. 30, 2022
Document Information [Line Items]
Registrant Name	Thunder Mountain Gold, Inc.
Registrant CIK	0000711034
Fiscal Year End	--12-31
SEC Form	10-K
Period End date	Dec. 31, 2022
Tax Identification Number (TIN)	91-1031015
Number of common stock shares outstanding		60,855,579
Public Float			$ 3,488,185
Filer Category	Non-accelerated Filer
Current with reporting	Yes
Interactive Data Current	Yes
Voluntary filer	No
Well-known Seasoned Issuer	No
Shell Company	false
Small Business	true
Emerging Growth Company	false
Document Annual Report	true
Document Transition Report	false
Entity File Number	001-08429
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	11770 W. President Dr., Ste. F
Entity Address, City or Town	Boise
Entity Address, State or Province	ID
Entity Address, Postal Zip Code	83713
City Area Code	208
Local Phone Number	658-1037
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Auditor Name	Assure CPA LLC
Auditor Location	Spokane, Washington
Auditor Firm ID	444
ExchangeTSXV
Document Information [Line Items]
Trading Symbol	THM
Trading Exchange	NONE
Title of 12(g) Security	Common Stock, $0.001 par value
ExchangeOTCQB
Document Information [Line Items]
Trading Symbol	THMG
Trading Exchange	NONE
Title of 12(g) Security	Common Stock, $0.001 par value

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 682,718	$ 1,156,622
Investment in BeMetals, at fair value	738,612	1,520,684
Prepaid expenses and other assets	20,113	18,390
Total current assets	1,441,443	2,695,696
Property and Equipment:
Land	280,333	280,333
Equipment, net of accumulated depreciation of $182,053 and $180,500, respectively	552	2,105
Total Property and Equipment	280,885	282,438
Total assets	1,722,328	2,978,134
Current liabilities:
Accounts payable and other accrued liabilities	27,599	11,495
Accrued related party liability	146,685	166,685
Accrued interest payable to related parties	0	80,177
Advance from BeMetals	5,433	36,187
Deferred compensation	1,041,500	1,041,500
Related parties notes payable	0	66,768
Total current liabilities	1,221,217	1,402,812
Accrued reclamation costs	81,250	65,000
Total liabilities	1,302,467	1,467,812
Commitments and Contingencies	0	0
Stockholders' equity:
Preferred stock; $0.0001 par value, 5,000,000 shares authorized; no shares issued or outstanding	0	0
Common stock; $0.001 par value; 200,000,000 shares authorized, 60,855,579 shares issued and outstanding, respectively	60,856	60,856
Additional paid-in capital	6,564,947	6,406,606
Less: 11,700 shares of treasury stock, at cost	(24,200)	(24,200)
Accumulated deficit	(6,351,381)	(5,106,642)
Total Thunder Mountain Gold, Inc stockholders' equity	250,222	1,336,620
Noncontrolling interest in Owyhee Gold Trust	169,639	173,702
Total stockholders' equity	419,861	1,510,322
Total liabilities and stockholders' equity	$ 1,722,328	$ 2,978,134

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals)	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares
Statement of Financial Position [Abstract]
Accumulated Depreciation | $	$ 182,053	$ 180,500
Preferred Stock, Par or Stated Value Per Share | (per share)	$ 0.0001	$ 0.0001
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share | (per share)	$ 0.001	$ 0.001
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Shares Issued	60,855,579	60,855,579
Common Stock, Shares Outstanding	60,855,579	60,855,579
Treasury Stock, Shares	11,700	11,700

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Gain on mineral interest	$ 0	$ 500,000
Management service income	300,000	300,000
Total revenues	300,000	800,000
Operating expenses:
Exploration	156	9,842
Legal and accounting	113,717	85,309
Management and administrative	630,844	428,982
Depreciation	1,553	2,849
Total operating expenses	746,270	526,982
Net operating income (loss)	(446,270)	273,018
Other income (expense):
Interest expense, related parties	0	(634)
Unrealized gain (loss) on investment	(782,072)	(941,079)
Reclamation Expense	(16,250)	0
Gain on sale of investment	0	92,685
Other	790	9,214
Total other (expense)	(797,532)	(839,814)
Net (loss)	(1,243,802)	(566,796)
Net income - noncontrolling interest in Owyhee Gold Trust	937	5,000
Net (loss) - Thunder Mountain Gold, Inc.	$ (1,244,739)	$ (571,796)
Net (loss) per common share-basic	$ (0.02)	$ (0.01)
Net (loss) per common share-diluted	$ (0.02)	$ (0.01)
Weighted average common shares outstanding-basic	60,855,579	60,384,839
Weighted average common shares outstanding-diluted	60,855,579	60,384,839

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net (loss)	$ (1,243,802)	$ (566,796)
Adjustments to reconcile net (loss) to net cash used by operating activities:
Depreciation	1,553	2,849
Stock based compensation	158,341	0
Accrued Reclamation Costs	16,250	0
Gain on mineral interest	0	(500,000)
Unrealized (gain) loss on investment	782,072	941,079
Gain on sale of investment	0	(92,685)
Change in:
Prepaid expenses and other assets	(1,723)	1,738
Accounts payable and other accrued liabilities	16,104	(13,449)
Accrued related party liability	(20,000)	(20,000)
Accrued interest payable to related parties	(80,177)	(8,355)
Advance from BeMetals	(30,754)	(2,197)
Net cash used by operating activities	(402,136)	(257,816)
Cash flows from investing activities:
Proceeds from sale of investment	0	649,557
Proceeds from mineral interest	0	500,000
Net cash provided by investing activities	0	1,149,557
Cash flows from financing activities:
Proceeds from exercise of options	0	35,534
Payments on related parties notes payable	(66,768)	(39,808)
Distribution to noncontrolling interest	(5,000)	(5,000)
Net cash (used) by financing activities	(71,768)	(9,274)
Net increase in cash and cash equivalents	(473,904)	882,467
Cash and cash equivalents, beginning of year	1,156,622	274,155
Cash and cash equivalents, end of year	682,718	1,156,622
Noncash financing and investing activities:
Shares issued for settlement of option exercise with accrued interest and wages	$ 0	$ 35,466

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-In Capital [Member]	Treasury Stock [Member]	Accumulated Deficit [Member]	Non-Controlling Interest in OGT [Member]	Total
Equity Balance at Dec. 31, 2020	$ 60,146	$ 6,336,316	$ (24,200)	$ (4,534,846)	$ 173,702	$ 2,011,118
Equity Balance (Shares) at Dec. 31, 2020	60,145,579
Stock Options exercised	$ 710	70,290				$ 71,000
Stock Options exercised (Shares)	710,000					710,000
Distribution to noncontrolling interest					(5,000)	$ (5,000)
Net income/(loss)				(571,796)	5,000	(566,796)
Equity Balance at Dec. 31, 2021	$ 60,856	6,406,606	(24,200)	(5,106,642)	173,702	1,510,322
Equity Balance (Shares) at Dec. 31, 2021	60,855,579
Stock based compensation		158,341				158,341
Distribution to noncontrolling interest					(5,000)	(5,000)
Net income/(loss)				(1,244,739)	937	(1,243,802)
Equity Balance at Dec. 31, 2022	$ 60,856	$ 6,564,947	$ (24,200)	$ (6,351,381)	$ 169,639	$ 419,861
Equity Balance (Shares) at Dec. 31, 2022	60,855,579

Summary of Significant Accounti

Summary of Significant Accounting Policies and Business Operations	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Significant Accounting Policies and Business Operations [Text Block]	1. Summary of Significant Accounting Policies and Business Operations Business Operations Thunder Mountain Gold, Inc. ("Thunder Mountain", "THMG", or "the Company") was originally incorporated under the laws of the State of Idaho on November 9, 1935, under the name of Montgomery Mines, Inc. In April 1978, the Montgomery Mines Corporation was obtained by a group of the Thunder Mountain property holders and changed its name to Thunder Mountain Gold, Inc., with the primary goal to further develop their holdings in the Thunder Mountain Mining District, located in Valley County, Idaho. Thunder Mountain Gold, Inc. takes its name from the Thunder Mountain Mining District, where its principal lode mining claims were located. For several years, the Company's activities were restricted to maintaining its property position and exploration activities. During 2005, the Company sold its holdings in the Thunder Mountain Mining District. During 2007, the Company acquired the South Mountain Mines property in southwest Idaho and initiated exploration activities on that property, which continue today. On December 30, 2022, Thunder Mountain Gold, Inc. by and through its subsidiaries Thunder Mountain Resources, Inc., a Nevada Corporation, and South Mountain Mines, Inc., an Idaho Corporation ("SMMI") (collectively the "Company", "THMG", or "We", "Our" or "Us") agreed to terminate an Option Agreement, (the " BeMetals Option Agreement BeMetals BMET The "BeMetals Option Agreement was entered into on February 27, 2019, the original terms of the Option Agreement, BeMetals provided the funding to SMMI for project expenses including Management Services Income. The Company has 8 million common shares of BMET USA with a market value of $738,612, and the Company had cash and cash equivalents of $682,718 for the year ending December 31,2022. See Note 3 for further information. Basis of Presentation and Going Concern The accompanying consolidated financial statements have been prepared under the assumption that the Company will continue as a going concern. The Company has historically incurred losses, however, the Company has cash reserves and available for sale securities sufficient to cover normal operating expenses for the following 12 months. If necessary, the Company continues to have the ability to raise additional capital in order to fund its future exploration and working capital requirements. COVID-19 In March 2020, COVID-19 was declared a pandemic by the World Health Organization and the Centers for Disease Control and Prevention. Its rapid spread around the world and throughout the United States prompted many countries, including the United States, to institute restrictions on travel, public gatherings and certain business operations. These restrictions disrupted economic activity in Thunder Mountain Gold's business related to raising capital. As of December 31, 2022, the disruption did not materially impact the Company' financial statements. However, if the severity of the economic disruptions increase as the duration of the COVID-19 pandemic continues, the negative financial impact could be significantly greater in future periods. Principles of Consolidation The consolidated financial statements include the accounts of the Company; its wholly owned subsidiaries, Thunder Mountain Resources, Inc. ("TMRI") and South Mountain Mines, Inc. ("SMMI"); and a company in which the Company owns 75% and has majority control, Owyhee Gold Trust, LLC ("OGT"). The Company's consolidated financial statements reflect the other investor's 25% non-controlling, capped interest in OGT. Intercompany accounts are eliminated in consolidation. Accounting Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The more significant areas requiring the use of management estimates and assumptions include the carrying value of properties and mineral interests, environmental remediation liabilities, deferred tax assets, and stock-based compensation. Management's estimates and assumptions are based on historical experience and other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates. Revenue Recognition Management service revenue is recognized when the Company has satisfied its performance obligation required under its management contract with BeMetals. Such obligation is satisfied over time as work is performed and the Company has a contractual right to payment. Income Taxes The Company recognizes deferred income tax liabilities or assets at the end of each period using the tax rate expected to be in effect when the taxes are actually paid or recovered. A valuation allowance is recognized on deferred tax assets when it is more likely than not that some or all of the deferred tax assets will not be realized. Cash and Cash Equivalents For the purposes of the balance sheet and statement of cash flows, the Company considers all highly liquid investments with a maturity of three months or less when purchased to be a cash equivalent. 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. At December 31, 2022, the Company has one financial asset, investment in equity security, that is adjusted to fair value on a recurring basis for which the fair value is determined based on Level 1 inputs as the equity security is traded on a stock exchange. The Company has no financial liabilities that are adjusted to fair value on a recurring basis. Financial Instruments The Company's financial instruments include cash and cash equivalents, investment in BeMetal's equity security and related party notes payable, the carrying value of which approximates fair value based on the nature of those instruments. Investments The Company determines the appropriate classification of investments at the time of acquisition and re-evaluates such determinations at each reporting date. Equity securities that have a readily determined fair value are carried at fair value determined using Level 1 fair value measurement inputs with the change in fair value recognized as unrealized gain (loss) in the consolidated statement of operations each reporting period. Gains and losses on the sale of securities are recognized on a specific identification basis. Mineral Interests The Company capitalizes costs for acquiring mineral interests, and expenses costs to maintain mineral rights and leases as incurred. Exploration costs are expensed in the period in which they occur. Should a property reach the production stage, these capitalized costs would be amortized using the units-of-production method based on periodic estimates of ore reserves. Mineral interests are periodically assessed for impairment of value and any subsequent losses are charged to operations at the time of impairment. If a mineral interest is abandoned or sold, its capitalized costs are charged to operations. Consideration received by the Company pursuant to joint ventures or purchase option agreements is applied against the carrying value of the related mineral interest. When and if payments received exceed the carrying value, the excess amount is recognized as a gain in the consolidated statement of operations in the period the consideration is received. Leases Arrangements meeting the definition of a lease are classified as operating or financing leases and are recorded on the consolidated balance sheet as both a right-of-use asset and lease liability, calculated by discounting fixed lease payments over the lease term at the rate implicit in the lease or the Company's incremental borrowing rate. Lease liabilities are increased by interest and reduced by payments each period, and the right-of-use asset is amortized over the lease term. For operating leases, interest on the lease liability and the amortization of the right-of-use asset result in straight-line rent expense over the lease term. For finance leases, interest on the lease liability and the amortization of the right-of-use asset results in front-loaded expense over the lease term. Variable lease expenses are recorded when incurred. Investments in Joint Ventures For companies and joint ventures where the Company holds more than 50% of the voting interests, but less than 100%, and has significant influence, the company or joint venture is consolidated, and other investor interests are presented as noncontrolling. See Note 3 regarding the Company's investment in Owyhee Gold Trust. Joint ventures in which the Company has the ability to exercise significant influence, but does not control, are accounted for under the equity method of accounting. Reclamation and Remediation The Company's operations have been, and are subject to, standards for mine reclamation that have been established by various governmental agencies. The Company would record the fair value of an asset retirement obligation as a liability in the period in which the Company incurred a legal obligation for the retirement of tangible long-lived assets. A corresponding asset would also be recorded and depreciated over the life of the asset. For non-operating properties, the Company accrues costs associated with environmental remediation obligations when it is probable that such costs will be incurred, and they are reasonably estimable. Such costs are based on management's estimate of amounts expected to be incurred when the remediation work is performed. The Company had accrued $81,250 and $65,000 at December 31, 2022 and 2021, on its consolidated balance sheets relating to estimated mine closure and reclamation costs on its South Mountain Mines property. Share-Based Compensation Share-based payments to employees and directors, including grants of employee stock options, are measured at fair value and expensed in the consolidated statements of operations over the vesting period. Recent Accounting Pronouncements Accounting Standards Updates Adopted In June 2022, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2022-03 Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Resale Restrictions In August 2020, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2020- 06 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 financial statements upon adoption. Net Income (Loss) Per Share The Company is required to have dual presentation of basic earnings per share ("EPS") and diluted EPS. The Company calculates basic earnings (loss) per share by dividing net income or loss available to common stockholders by the weighted average number of common shares outstanding. Diluted earnings per share reflect potentially dilutive common stock equivalents, including options and warrants that could share in our earnings through the conversion to common shares, except where their inclusion would be anti-dilutive. For the year ended December 31, 2022 and December 31, 2021 Outstanding common stock options of 4,775,000 and 3,355,000, respectfully, were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive due to the net loss for the period.

Mineral Interest Commitments

Mineral Interest Commitments	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Mineral Interest Commitments [Text Block]	2. Mineral Interest Commitments The Company has two lease arrangements with landowners that own land parcels adjacent to the Company's South Mountain patented and unpatented mining claims. The leases were originally for a seven-year period, with annual payments of $20 per acre. The leases were renewed for an additional 10 years at $30 per acre paid annually; committed payments are listed in the table below. The leases have no work requirements. Annual Acree Lease (June) $ 3,390 Lowry Lease (October) 11,280 Total $ 14,670 The Company has 26 unpatented claims (533 acres) in the Trout Creek area and 21 unpatented claims in the South Mountain area. For the year ended December 31, 2021, the Company made the decision not to maintain 52 unpatented mining claims (1,067 acres) in the Trout Creek area. The claim fees are paid on these unpatented claims annually as follows: Target Area 2022 Trout Creek -State of Nevada $ 4,290 Trout Creek -Lander County, Nevada 324 South Mountain-State of Idaho 3.465 Total $ 8,079

South Mountain Project

South Mountain Project	12 Months Ended
	Dec. 31, 2022
Equity Method Investments [Abstract]
South Mountain Project [Text Block]	3. South Mountain Project BeMetals Option Agreement: On December 30, 2022, Thunder Mountain Gold, Inc. by and through its subsidiaries Thunder Mountain Resources, Inc., a Nevada Corporation, and South Mountain Mines, Inc., an Idaho Corporation ("SMMI") (collectively the "Company", "THMG", or "We", "Our" or "Us") agreed to terminate an Option Agreement, (the " BeMetals Option Agreement BeMetals BMET The "BeMetals Option Agreement was entered into on February 27, 2019, the original terms of the Option Agreement, BeMetals provided the funding to SMMI for project expenses including Management Services Income. The issuance of 10 million common shares of BMET USA to TMRI had a fair value of $1,883,875, and the Company received cash payments of $1,350,000: $1,100,000 in cash and $250,000 in exchange for shares of the Company's common stock. Also, according to the terms of the original agreement BMET USA and SMMI entered a management contract whereby BeMetals paid $25,000 monthly to SMMI for management services to enable BMET to perform exploration and development work with respect to the South Mountain Project. Management service income of $300,000 was recognized for the years ended December 31, 2022, and 2021, respectively. SMMI Joint Venture - OGT, LLC The Company's wholly owned subsidiary SMMI is the sole manager of the South Mountain Project in its entirety through a separate Mining Lease with Option to Purchase ("Lease Option") with the Company's majority-owned subsidiary OGT. SMMI has an option to purchase the South Mountain mineral interest for a capped $5 million less net returns royalties paid through the date of exercise. The Lease Option expires in November 2026. If SMMI exercises the option, the option payment of $5 million less advance royalties will be distributed 100% by OGT to OGT's minority member. Under the Lease Option, SMMI pays an advance of $5,000 net returns royalty to OGT annually on November 4 which is distributed to OGT's minority member. Under the OGT operating agreement, SMMI and ISGC II have 75% and 25% ownership, respectively, in OGT. SMMI is the sole manager and pays all expenses for exploration and development of the property. The Company has established 75% ownership and full management of the property. The Company had recognized an additional $16,250 in reclamation expense for the year ended December 31, 2022, resulting in 25% expense to OGT, LLC capital account. OGT's financial information is included 100% in the Company's consolidated financial statements as of December 31, 2022 and 2021. The Company's consolidated financial statements reflect ISGC II's 25% non-controlling interest. Changes in the non-controlling interest equity balance is as follows: Years Ended December 31, 2022 2021 Balance at beginning of year $ 173,702 $ 173,702 Distribution to non-controlling interest (5,000 ) (5,000 ) Net income attributable to noncontrolling interest 937 5,000 Balance at end of year $ 169,639 $ 173,702

Investment in BeMetals Corp

Investment in BeMetals Corp	12 Months Ended
	Dec. 31, 2022
Notes
Investment in BeMetals Corp. [Text Block]	4. In June 2019 in connection with the BeMetals Option Agreement (see Note 3), the Company received 10,000,000 shares of BeMetals Corp. common stock that had a fair value of $1,883,875. On May 4, 2021, the Company sold 2,000,000 shares held in BeMetals Corp. for US $649,557 ($CAD 800,000). The shares of common stock were sold at a price of US $0.325 ($CAD 0.40). This sale met the requirements under the terms of the BeMetals Option Agreement. A foreign exchange gain of $9,147 was recognized on the sale as the funds were not transferred to the company until May 17, 2021. The Company had an unrealized loss on the change in fair value of the investment of $782,072 for the year ended December 31, 2022, compared to an unrealized loss of $941,079 for the year ended December 31, 2021. The remaining 8 million shares of BeMetals stock held by the Company are considered available for sale.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment [Text Block]	5. The Company's property and equipment are as follows: December 31, 2022 2021 Vehicles $ 22,441 22,441 Buildings 65,071 65,071 Construction Equipment 36,447 36,447 Mining Equipment 58,646 58,646 182,605 182,605 Accumulated Depreciation (182,053 ) (180,500 ) 552 2,105 Land 280,333 280,333 Total Property and Equipment $ 280,885 282,438

Related Parties

Related Parties	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Parties [Text Block]	6. Board of Directors Compensation On March 16, 2022, the Company's Compensation Committee recommended that the Company's Board of Directors receive nominal compensation for their service. The Company's Board of Directors passed the resolution for Board members compensation total amount of cash compensation paid to the Board of Directors was $22,200. Notes Payable Mr. Jones is the Company's President and Chief Executive Officer, Mr. Jones received $66,768 in principle payments, and accrued interest payments of $47,698 retiring his notes payable during the year ended December 31, 2022. The note, as amended, was due in full on December 31, 2022, and stopped accruing monthly interest on January 1, 2021. Mr. Jones received no payments during the year ended December 31, 2021. James Collord, the Company's Vice President and Chief Operating Officer was paid $40,000, paying off the principal of the note payable balance of $39,808 as well as $192 of accrued interest ending December 31, 2021. During the year ended December 31, 2022, Mr. Collord received a payment of accrued interest of $32,479, paying off his accrued interest payable balance at December 31, 2022. Deferred Officer Compensation Three of the Company's officers began deferring compensation for services on April 1, 2015. On July 31, 2018, the Company stopped expensing and deferring compensation for the three Company officers in the interest of marketing the SMMI project. As part of the BeMetals agreement (Note 3), the Company resumed compensation for these officers on May 15, 2019. The officers deferred compensation balances at December 31, 2022 and December 31, 2021 represent the balances deferred prior to the BeMetals agreement and are as follows: Eric Jones, President and Chief Executive Officer - $420,000; Jim Collord, Vice President and Chief Operating Officer - $420,000; and Larry Thackery, Chief Financial Officer - $201,500, for a total of $1,041,500. Accrued Related Party Liability From 2015 to 2018 the Company engaged Baird Hanson LLP ("Baird"), a company owned by one of the Company's former directors, to provide legal services. The Company's director Joseph Baird retired from the Board of Directors of Thunder Mountain Gold, Inc., and from all other positions or offices with the Company effective April 11, 2022. Baird received $20,000 in payments during the year ended December 31, 2022. At December 31, 2022, and 2021, the balance due to Baird for prior years' legal services was $146,685 and $166,685, respectfully. On May 10, 2022, the Company agreed to facilitate the sale of 1,000,000 shares of the Company's common stock held by Joseph Baird, one of the Company's former directors and a shareholder. In anticipation of the sale, the Company received $10,000 for the sale of shares that had not yet transferred to the purchasers. The Company held funds in prepaid expense, deposits and other assets with a corresponding liability due to Mr. Baird of $10,000 classified in accounts payable and other accrued liabilities on its consolidated balance sheet at December 31, 2022.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
Stockholders' Equity [Text Block]	8. The Company's common stock has a par value of $0.001 with 200,000,000 shares authorized. The Company also has 5,000,000 authorized shares of preferred stock with a par value of $0.0001. On July 19, 2021, the Company issued 710,000 common shares as a result of stock options exercised by Company officers and certain Directors. The options entitled the holder to receive one share of the Company's common stock at an exercise price of $0.10 per share. The Company received net cash proceeds from the option exercise of $35,534 in exchange for 355,352 common shares from certain directors and issued an additional 354,648 common shares to settle advanced funds, accrued wages, and accrued interest due to certain officers of $35,466.

Stock Options

Stock Options	12 Months Ended
	Dec. 31, 2022
Share-based Payment Arrangement [Abstract]
Stock Options [Text Block]	9. The Company has a Stock Incentive Plan (the "SIP"), authorize the granting of stock options up to 10 percent of the total number of issued and outstanding shares of common stock, that provides for the grant of stock options, incentive stock options, stock appreciation rights, restricted stock awards, and incentive awards to eligible individuals including directors, executive officers and advisors that have furnished bona fide services to the Company not related to the sale of securities in a capital-raising transaction. On July 12, 2022, the Company's shareholders, at their Annual Meeting, ratified and reapproved the Stock Option Plan. On March 21, 2022, the Company granted 1,820,000 stock options to officers and share-based payment awards to nonemployees of $13,920. The Company has elected to recognize the effect of forfeitures in compensation cost when they occur. Previously recognized compensation cost for a nonemployee share-based payment award shall be reversed in the period that the award is forfeited. The options are exercisable on or before March 21, 2027 and have an exercise price of $0.09. On July 19, 2021, management and Board members exercised stock options for 710,000 shares of common stock for total consideration $71,000. The Company issued 354,648 common shares in exchange for advanced funds, accounts payables, and accrued interest payable to management for a nonmonetary value of $35,466. An additional 355,352 common shares were exercised for cash consideration of $35,534. On July 19, 2021, the Company's President and Chief Executive Officer, Eric Jones, exercised stock options representing 200,000 shares of common stock for total consideration of $20,000. This payment was noncash representing $7,146 from the accounts payable and $12,854 net of accrued wages. James Collord, the Company's Vice President and Chief Operating Officer exercised stock options in the amount of $10,000 representing 100,000 shares of common stock Mr. Collord exercised stock options, using $8,163 of accrued interest plus $2,500 in accrued wages, net of $663 in related taxes, to cover the option exercise price of $10,000. Additionally, Larry Thackery, the Company's CFO, exercised stock options for 160,000 shares of common stock for $16,000 with $10,535 in cash, and $5,917 in accrued wages, net of $453 in related taxes. Board Members, Ralph Noyes, and Doug Glaspey exercised stock options of 150,000 and 100,000 shares of common stock, respectively. This transaction was a cash transaction of $15,000 for Ralph Noyes, and $10,000 for Doug Glaspey for a total of $25,000 in cash. The fair value of each option award was estimated on the date of the grant using the assumptions noted in the following table: March 21, 2022 Stock price $0.088 Exercise price $0.09 Expected volatility 188.9% Expected dividends - Expected terms (in years) 5.0 Risk-free rate 2.39% For the year ended December, 2022, 1,820,000 options were granted and 400,000 options expired. The following is a summary of the Company's options issued and outstanding under the SIP: Shares Weighted Outstanding and exercisable at December 31, 2020 5,705,000 $ 0.10 Exercised (710,000 ) 0.10 Expired (1,640,000 ) 0.10 Outstanding and exercisable at December 31, 2021 3,355,000 0.10 Granted 1,820,000 0.09 Expired (400,000 ) 0.09 Outstanding and exercisable at December 31, 2022 4,775,000 $ 0.093 The average remaining contractual term of the options outstanding and exercisable at December 31, 2022 was 2.72 years. On December 31, 2022, options outstanding and exercisable had no aggregate intrinsic value based on the Company's stock price of $0.08 at December 31, 2022.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes [Text Block]	10. The Company did not recognize a tax provision during 2022 and 2021. At December 31, 2022 and 2021, net deferred tax assets were calculated based on expected blended future tax rates of 26.7% and 25.7%, respectively including both federal and Idaho state components. Significant components of net deferred tax assets at December 31, 2022 and 2021 are as follows: 2022 2021 Deferred tax assets: NOL Carryforward 2,127,500 2,130,700 Share-based Comp 113,000 83,700 Deferred Compensation 268,100 278,000 Investments 197,800 - Mineral Properties 159,100 170,600 2,865,500 2,663,000 Deferred tax liabilities Investment in OGT (142,300 ) (147,500 ) Investments - (3,600 ) Net deferred tax asset 2,723,200 2,511,900 Less valuation allowance (2,723,200 ) (2,511,900 ) Net deferred tax asset $ - $ - The Company fully reserved the deferred tax assets as of December 31, 2022 and 2021, as management of the Company cannot determine that it is more likely than not that, the Company will realize the benefits of the deferred tax assets. At December 31, 2022, the Company has approximately $8.3 million of federal and state net operating loss carryforwards. $7.5 million of net operating losses will expire between 2030 and 2037. $0.8 million of the losses were incurred after 2017 and can be carried forward indefinitely, although usage of these net operating losses is limited to 80% of taxable income in future tax years. The income tax benefit for the years ended December 31, 2022 and 2021 differs from the federal statutory rate as follows: 2022 2021 (Provision)/benefit at statutory rate 262,250 21.0% 119,000 21.0% State taxes 58,690 4.7 32,300 5.7 Change in prior year tax estimate (109,640 ) (8.8 ) 672,500 118.6 Change in valuation allowance (211,300 ) (16.9 ) (823,800 ) (145.3 ) Total $ - -% $ - -% The Company has analyzed its filing positions in all jurisdictions where it is required to file income tax returns and found no positions that would require a liability for uncertain income tax benefits to be recognized. The Company is subject to possible tax examinations for the years 2019 through 2022. Prior year tax attributes could be adjusted by taxing authorities. If applicable, the Company will deduct interest and penalties as interest expense on the financial statements.

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Leases [Text Block]	11. The Company accounts for its leases under ASC 842, Leases The Company renewed its office operating lease on February 1, 2022, for 12 months. The lease will begin payment month to month on January 31, 2023. Since the remaining lease term at December 31, 2022 is less than one year the Company did not recognize a right to use asset and related lease liability on the balance sheet for the lease renewal. For the year ended December 31, 2021, and 2020 the Company paid $16,875 and $11,988 in lease payments, respectfully, which was reimbursed by BeMetals under the terms of the Option Agreement.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events [Text Block]	12. In February 2023, the Company entered into a two-year operating lease for its office and as a result a liability and right-of-use asset of $38,701 will be recognized on the lease inception date, February 1, 2023. To calculate the liability and right of use asset, the Company utilized a 7.0% incremental borrowing rate to discount the future rent payments of approximately $1,612 per month over the two year lease term. The lease contains no renewal option. On February 7, 2023, the Company entered into Mutual Release with BeMetals Corp, pertaining to the termination of the Option Agreement, (the " BeMetals Option Agreement On January 31, 2023, the Company's Board of Directors approved a resolution to purchase 56 acres of private package No. 2 patented 36 land minerals) is exploration development, the patented and lode outh Mountain Project. A real estate purchase and sale agreement was signed on February 7, 2023. Under terms of the agreement a $10,000 down payment was paid (contingent upon a clean clear title to the property), and the balance of $40,000 due by December 29, 2023, close of business.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies and Business Operations (Policies)	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Operations [Policy Text Block]	Business Operations Thunder Mountain Gold, Inc. ("Thunder Mountain", "THMG", or "the Company") was originally incorporated under the laws of the State of Idaho on November 9, 1935, under the name of Montgomery Mines, Inc. In April 1978, the Montgomery Mines Corporation was obtained by a group of the Thunder Mountain property holders and changed its name to Thunder Mountain Gold, Inc., with the primary goal to further develop their holdings in the Thunder Mountain Mining District, located in Valley County, Idaho. Thunder Mountain Gold, Inc. takes its name from the Thunder Mountain Mining District, where its principal lode mining claims were located. For several years, the Company's activities were restricted to maintaining its property position and exploration activities. During 2005, the Company sold its holdings in the Thunder Mountain Mining District. During 2007, the Company acquired the South Mountain Mines property in southwest Idaho and initiated exploration activities on that property, which continue today. On December 30, 2022, Thunder Mountain Gold, Inc. by and through its subsidiaries Thunder Mountain Resources, Inc., a Nevada Corporation, and South Mountain Mines, Inc., an Idaho Corporation ("SMMI") (collectively the "Company", "THMG", or "We", "Our" or "Us") agreed to terminate an Option Agreement, (the " BeMetals Option Agreement BeMetals BMET The "BeMetals Option Agreement was entered into on February 27, 2019, the original terms of the Option Agreement, BeMetals provided the funding to SMMI for project expenses including Management Services Income. The Company has 8 million common shares of BMET USA with a market value of $738,612, and the Company had cash and cash equivalents of $682,718 for the year ending December 31,2022. See Note 3 for further information.
Basis of Presentation and Going Concern [Policy Text Block]	Basis of Presentation and Going Concern The accompanying consolidated financial statements have been prepared under the assumption that the Company will continue as a going concern. The Company has historically incurred losses, however, the Company has cash reserves and available for sale securities sufficient to cover normal operating expenses for the following 12 months. If necessary, the Company continues to have the ability to raise additional capital in order to fund its future exploration and working capital requirements.
COVID-19 [Policy Text Block]	COVID-19 In March 2020, COVID-19 was declared a pandemic by the World Health Organization and the Centers for Disease Control and Prevention. Its rapid spread around the world and throughout the United States prompted many countries, including the United States, to institute restrictions on travel, public gatherings and certain business operations. These restrictions disrupted economic activity in Thunder Mountain Gold's business related to raising capital. As of December 31, 2022, the disruption did not materially impact the Company' financial statements. However, if the severity of the economic disruptions increase as the duration of the COVID-19 pandemic continues, the negative financial impact could be significantly greater in future periods.
Principles of Consolidation [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of the Company; its wholly owned subsidiaries, Thunder Mountain Resources, Inc. ("TMRI") and South Mountain Mines, Inc. ("SMMI"); and a company in which the Company owns 75% and has majority control, Owyhee Gold Trust, LLC ("OGT"). The Company's consolidated financial statements reflect the other investor's 25% non-controlling, capped interest in OGT. Intercompany accounts are eliminated in consolidation.
Accounting Estimates [Policy Text Block]	Accounting Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The more significant areas requiring the use of management estimates and assumptions include the carrying value of properties and mineral interests, environmental remediation liabilities, deferred tax assets, and stock-based compensation. Management's estimates and assumptions are based on historical experience and other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates.
Revenue Recognition [Policy Text Block]	Revenue Recognition Management service revenue is recognized when the Company has satisfied its performance obligation required under its management contract with BeMetals. Such obligation is satisfied over time as work is performed and the Company has a contractual right to payment.
Income Taxes [Policy Text Block]	Income Taxes The Company recognizes deferred income tax liabilities or assets at the end of each period using the tax rate expected to be in effect when the taxes are actually paid or recovered. A valuation allowance is recognized on deferred tax assets when it is more likely than not that some or all of the deferred tax assets will not be realized.
Cash and Cash Equivalents [Policy Text Block]	Cash and Cash Equivalents For the purposes of the balance sheet and statement of cash flows, the Company considers all highly liquid investments with a maturity of three months or less when purchased to be a cash equivalent.
Fair Value Measurements [Policy Text Block]	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. At December 31, 2022, the Company has one financial asset, investment in equity security, that is adjusted to fair value on a recurring basis for which the fair value is determined based on Level 1 inputs as the equity security is traded on a stock exchange. The Company has no financial liabilities that are adjusted to fair value on a recurring basis.
Financial Instruments [Policy Text Block]	Financial Instruments The Company's financial instruments include cash and cash equivalents, investment in BeMetal's equity security and related party notes payable, the carrying value of which approximates fair value based on the nature of those instruments.
Investments [Policy Text Block]	Investments The Company determines the appropriate classification of investments at the time of acquisition and re-evaluates such determinations at each reporting date. Equity securities that have a readily determined fair value are carried at fair value determined using Level 1 fair value measurement inputs with the change in fair value recognized as unrealized gain (loss) in the consolidated statement of operations each reporting period. Gains and losses on the sale of securities are recognized on a specific identification basis.
Mineral Interests [Policy Text Block]	Mineral Interests The Company capitalizes costs for acquiring mineral interests, and expenses costs to maintain mineral rights and leases as incurred. Exploration costs are expensed in the period in which they occur. Should a property reach the production stage, these capitalized costs would be amortized using the units-of-production method based on periodic estimates of ore reserves. Mineral interests are periodically assessed for impairment of value and any subsequent losses are charged to operations at the time of impairment. If a mineral interest is abandoned or sold, its capitalized costs are charged to operations. Consideration received by the Company pursuant to joint ventures or purchase option agreements is applied against the carrying value of the related mineral interest. When and if payments received exceed the carrying value, the excess amount is recognized as a gain in the consolidated statement of operations in the period the consideration is received.
Leases [Policy Text Block]	Leases Arrangements meeting the definition of a lease are classified as operating or financing leases and are recorded on the consolidated balance sheet as both a right-of-use asset and lease liability, calculated by discounting fixed lease payments over the lease term at the rate implicit in the lease or the Company's incremental borrowing rate. Lease liabilities are increased by interest and reduced by payments each period, and the right-of-use asset is amortized over the lease term. For operating leases, interest on the lease liability and the amortization of the right-of-use asset result in straight-line rent expense over the lease term. For finance leases, interest on the lease liability and the amortization of the right-of-use asset results in front-loaded expense over the lease term. Variable lease expenses are recorded when incurred.
Investments in Joint Ventures [Policy Text Block]	Investments in Joint Ventures For companies and joint ventures where the Company holds more than 50% of the voting interests, but less than 100%, and has significant influence, the company or joint venture is consolidated, and other investor interests are presented as noncontrolling. See Note 3 regarding the Company's investment in Owyhee Gold Trust. Joint ventures in which the Company has the ability to exercise significant influence, but does not control, are accounted for under the equity method of accounting.
Reclamation and Remediation [Policy Text Block]	Reclamation and Remediation The Company's operations have been, and are subject to, standards for mine reclamation that have been established by various governmental agencies. The Company would record the fair value of an asset retirement obligation as a liability in the period in which the Company incurred a legal obligation for the retirement of tangible long-lived assets. A corresponding asset would also be recorded and depreciated over the life of the asset. For non-operating properties, the Company accrues costs associated with environmental remediation obligations when it is probable that such costs will be incurred, and they are reasonably estimable. Such costs are based on management's estimate of amounts expected to be incurred when the remediation work is performed. The Company had accrued $81,250 and $65,000 at December 31, 2022 and 2021, on its consolidated balance sheets relating to estimated mine closure and reclamation costs on its South Mountain Mines property.
Share-Based Compensation [Policy Text Block]	Share-Based Compensation Share-based payments to employees and directors, including grants of employee stock options, are measured at fair value and expensed in the consolidated statements of operations over the vesting period.
Recent Accounting Pronouncements [Policy Text Block]	Recent Accounting Pronouncements Accounting Standards Updates Adopted In June 2022, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2022-03 Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Resale Restrictions In August 2020, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2020- 06 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 financial statements upon adoption.
Net Income (Loss) Per Share [Policy Text Block]	Net Income (Loss) Per Share The Company is required to have dual presentation of basic earnings per share ("EPS") and diluted EPS. The Company calculates basic earnings (loss) per share by dividing net income or loss available to common stockholders by the weighted average number of common shares outstanding. Diluted earnings per share reflect potentially dilutive common stock equivalents, including options and warrants that could share in our earnings through the conversion to common shares, except where their inclusion would be anti-dilutive. For the year ended December 31, 2022 and December 31, 2021 Outstanding common stock options of 4,775,000 and 3,355,000, respectfully, were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive due to the net loss for the period.

Mineral Interest Commitments (T

Mineral Interest Commitments (Tables)	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of committed payments [Table Text Block]	Annual Acree Lease (June) $ 3,390 Lowry Lease (October) 11,280 Total $ 14,670
Schedule of claim fees paid on unpatented claims [Table Text Block]	Target Area 2022 Trout Creek -State of Nevada $ 4,290 Trout Creek -Lander County, Nevada 324 South Mountain-State of Idaho 3.465 Total $ 8,079

South Mountain Project (Tables)

South Mountain Project (Tables)	12 Months Ended
	Dec. 31, 2022
Equity Method Investments [Abstract]
Schedule of changes in non-controlling interest equity balance [Table Text Block]	Years Ended December 31, 2022 2021 Balance at beginning of year $ 173,702 $ 173,702 Distribution to non-controlling interest (5,000 ) (5,000 ) Net income attributable to noncontrolling interest 937 5,000 Balance at end of year $ 169,639 $ 173,702

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of property and equipment [Table Text Block]	December 31, 2022 2021 Vehicles $ 22,441 22,441 Buildings 65,071 65,071 Construction Equipment 36,447 36,447 Mining Equipment 58,646 58,646 182,605 182,605 Accumulated Depreciation (182,053 ) (180,500 ) 552 2,105 Land 280,333 280,333 Total Property and Equipment $ 280,885 282,438

Stock Options (Tables)

Stock Options (Tables)	12 Months Ended
	Dec. 31, 2022
Share-based Payment Arrangement [Abstract]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	March 21, 2022 Stock price $0.088 Exercise price $0.09 Expected volatility 188.9% Expected dividends - Expected terms (in years) 5.0 Risk-free rate 2.39%
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]	Shares Weighted Outstanding and exercisable at December 31, 2020 5,705,000 $ 0.10 Exercised (710,000 ) 0.10 Expired (1,640,000 ) 0.10 Outstanding and exercisable at December 31, 2021 3,355,000 0.10 Granted 1,820,000 0.09 Expired (400,000 ) 0.09 Outstanding and exercisable at December 31, 2022 4,775,000 $ 0.093

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of deferred tax assets and liabilities [Table Text Block]	2022 2021 Deferred tax assets: NOL Carryforward 2,127,500 2,130,700 Share-based Comp 113,000 83,700 Deferred Compensation 268,100 278,000 Investments 197,800 - Mineral Properties 159,100 170,600 2,865,500 2,663,000 Deferred tax liabilities Investment in OGT (142,300 ) (147,500 ) Investments - (3,600 ) Net deferred tax asset 2,723,200 2,511,900 Less valuation allowance (2,723,200 ) (2,511,900 ) Net deferred tax asset $ - $ -
Schedule of effective income tax rate reconciliation [Table Text Block]	2022 2021 (Provision)/benefit at statutory rate 262,250 21.0% 119,000 21.0% State taxes 58,690 4.7 32,300 5.7 Change in prior year tax estimate (109,640 ) (8.8 ) 672,500 118.6 Change in valuation allowance (211,300 ) (16.9 ) (823,800 ) (145.3 ) Total $ - -% $ - -%

Summary of Significant Accoun_3

Summary of Significant Accounting Policies and Business Operations (Narrative) (Details) - USD ($)	1 Months Ended			12 Months Ended
	Jun. 30, 2019	Feb. 27, 2019	Feb. 17, 2019	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Cash and cash equivalents				$ 682,718	$ 1,156,622	$ 274,155
Accrued reclamation costs				$ 81,250	$ 65,000
Number of stock options excluded in diluted earning per share				4,775,000	3,355,000
Owyhee Gold Trust, LLC [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Percentage of ownership interest				75%
Owyhee Gold Trust, LLC [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Ownership percentage by noncontrolling owners				25%
BeMetals USA Corp [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of shares received			8,000,000
Market value of common shares received			$ 738,612
BeMetals Option Agreement [Member] | BeMetals USA Corp [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Market value of common shares received	$ 1,883,875	$ 1,883,875

Mineral Interest Commitments (N

Mineral Interest Commitments (Narrative) (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) a	Dec. 31, 2021 a
Other Commitments [Line Items]
Lease contract	7 years
Lease renewal term	10 years
Annual committed lease payments per acre per original agreement | $	$ 20
Annual committed lease payments per acre | $	$ 30
Trout Creek [Member]
Other Commitments [Line Items]
Number of unpatented claims	26
Number of unpatented mining claims not to be maintained		52
Area of land | a	533
Area of land not to be maintained | a		1,067
South Mountain [Member]
Other Commitments [Line Items]
Number of unpatented claims	21

Mineral Interest Commitments -

Mineral Interest Commitments - Schedule of other commitments (Details)	12 Months Ended
	Dec. 31, 2022 USD ($)
Other Commitments [Line Items]
Payments to Acquire Mineral Rights	$ 14,670
Acree Lease (June) [Member]
Other Commitments [Line Items]
Payments to Acquire Mineral Rights	3,390
Lowry Lease (October) [Member]
Other Commitments [Line Items]
Payments to Acquire Mineral Rights	$ 11,280

Mineral Interest Commitments _2

Mineral Interest Commitments - Schedule of unpatented claims lease payments (Details)	12 Months Ended
	Dec. 31, 2022 USD ($)
Other Commitments [Line Items]
Unpatented claims lease payments	$ 8,079
Trout Creek [Member] | State of Nevada [Member]
Other Commitments [Line Items]
Unpatented claims lease payments	4,290
Trout Creek - Lander County [Member] | State of Nevada [Member]
Other Commitments [Line Items]
Unpatented claims lease payments	324
South Mountain [Member] | State of Idaho [Member]
Other Commitments [Line Items]
Unpatented claims lease payments	$ 3.465

South Mountain Project (Narrati

South Mountain Project (Narrative) (Details) - USD ($)	1 Months Ended			12 Months Ended
	Jun. 30, 2019	Feb. 27, 2019	Feb. 17, 2019	Dec. 31, 2022	Dec. 31, 2021
South Mountain Project [Line Items]
Reclamation expense				$ 16,250	$ 0
Idaho State Gold Company Ii Llc [Member]
South Mountain Project [Line Items]
Ownership percentage by noncontrolling owners				25%
South Mountain Mines, Inc [Member]
South Mountain Project [Line Items]
Percentage of ownership interest				75%
BeMetals USA Corp [Member]
South Mountain Project [Line Items]
Fair value of common shares received			$ 738,612
SMMI Joint Venture - OGT, LLC [Member]
South Mountain Project [Line Items]
Advanced payment on royalties				$ 5,000,000
Advance net returns on royalty				5,000
Reclamation expense				16,250
BeMetals Option Agreement [Member] | BeMetals USA Corp [Member]
South Mountain Project [Line Items]
Number of common shares received	10,000,000	10,000,000
Fair value of common shares received	$ 1,883,875	$ 1,883,875
Cash and equity proceeds from sale of subsidiary		1,350,000
Cash received		1,100,000
Shares exchanged for common stock		$ 250,000
Monthly payments for management services to perform exploration and development work				25,000
Management service income				$ 300,000	$ 300,000

South Mountain Project - Schedu

South Mountain Project - Schedule of changes in the non-controlling interest equity balance (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Equity Method Investments [Abstract]
Balance at beginning of year	$ 173,702	$ 173,702
Distribution to non-controlling interest	(5,000)	(5,000)
Net income attributable to noncontrolling interest	937	5,000
Balance at end of year	$ 169,639	$ 173,702

Investment in BeMetals Corp (Na

Investment in BeMetals Corp (Narrative) (Details)			1 Months Ended			12 Months Ended
	May 04, 2021 CAD ($) $ / shares shares	May 04, 2021 USD ($) shares	Jun. 30, 2019 USD ($) shares	Feb. 27, 2019 USD ($) shares	Feb. 17, 2019 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	May 04, 2021 $ / shares
Net Investment Income [Line Items]
Gain on sale of investment						$ 0	$ 92,685
Unrealized gain (loss) on investment						(782,072)	$ (941,079)
BeMetals USA Corp [Member]
Net Investment Income [Line Items]
Sale of stock, number of shares issued in transaction | shares	2,000,000	2,000,000
Sale of Stock, Consideration Received on Transaction	$ 800,000	$ 649,557
Sale of stock price per share | (per share)	$ 0.4							$ 0.325
Foreign exchange gain (loss)						$ 9,147
Fair value of common shares received					$ 738,612
BeMetals Option Agreement [Member] | BeMetals USA Corp [Member]
Net Investment Income [Line Items]
Number of common shares received | shares			10,000,000	10,000,000
Fair value of common shares received			$ 1,883,875	$ 1,883,875

Property and Equipment - Schedu

Property and Equipment - Schedule of property and equipment (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	$ 182,605	$ 182,605
Accumulated Depreciation	(182,053)	(180,500)
Property and Equipment Net, Excluding Land	552	2,105
Land	280,333	280,333
Total Property and Equipment	280,885	282,438
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	22,441	22,441
Buildings [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	65,071	65,071
Construction Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	36,447	36,447
Mining Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	$ 58,646	$ 58,646

Related Parties (Narrative) (De

Related Parties (Narrative) (Details) - USD ($)		1 Months Ended	12 Months Ended
	May 10, 2022	Jul. 19, 2021	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Total amount of cash compensation paid to Board of Directors			$ 22,200
Related parties notes payable			0	$ 66,768
Accrued interest payable to related parties			0	80,177
Payments on related parties notes payable			66,768	39,808
Proceeds from exercise of options		$ 35,534	0	35,534
Legal and accounting			113,717	85,309
Deferred compensation			1,041,500	1,041,500
Accounts payable and other accrued liabilities			27,599	11,495
Eric Jones [Member]
Related Party Transaction [Line Items]
Related parties notes payable			66,768
Accrued interest payable to related parties			47,698
Deferred compensation			420,000	420,000
James Collord [Member]
Related Party Transaction [Line Items]
Payments of principal balance of notes payable				40,000
Related parties notes payable				39,808
Payment of accrued interest of notes payable				192
Accrued interest payable to related parties			32,479
Deferred compensation			420,000	420,000
Larry Thackery [Member]
Related Party Transaction [Line Items]
Deferred compensation			201,500	201,500
Baird Hanson LLP [Member]
Related Party Transaction [Line Items]
Payments on related parties notes payable			20,000
Legal and accounting			146,685	$ 166,685
Sale of common stock	1,000,000
Sale of Stock, Consideration Received on Transaction	$ 10,000
Accounts payable and other accrued liabilities			$ 10,000

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details)	1 Months Ended	12 Months Ended
	Jul. 19, 2021 USD ($) $ / shares shares	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2022 $ / shares shares	Dec. 31, 2022 $ / shares shares
Stockholders' Equity Note [Abstract]
Common Stock, Par or Stated Value Per Share | (per share)			$ 0.001	$ 0.001	$ 0.001
Common Stock, Shares Authorized			200,000,000	200,000,000	200,000,000
Preferred Stock, Shares Authorized			5,000,000	5,000,000	5,000,000
Preferred Stock, Par or Stated Value Per Share | (per share)			$ 0.0001	$ 0.0001	$ 0.0001
Common shares issued for stock options exercised	710,000		710,000
Exercise price of option | $ / shares	$ 0.1		$ 0.1
Net proceeds from exercise of option | $	$ 35,534	$ 0	$ 35,534
Options issued in exchange for common shares	355,352
Number of common shares to settle advanced funds, accrued wages, and accrued interest	354,648
Value of common shares to settle advanced funds, accrued wages, and accrued interest | $	$ 35,466

Stock Options (Narrative) (Deta

Stock Options (Narrative) (Details)	1 Months Ended		12 Months Ended
	Mar. 21, 2022 USD ($) $ / shares $ / shares shares	Jul. 19, 2021 USD ($) $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares issued for stock options exercised | shares		710,000		710,000
Stock Options exercised		$ 71,000		$ 71,000
Number of common shares to settle advanced funds, accrued wages, and accrued interest | shares		354,648
Value of common shares to settle advanced funds, accrued wages, and accrued interest		$ 35,466
Options issued in exchange for common shares | shares		355,352
Proceeds from exercise of options		$ 35,534	$ 0	$ 35,534
Stock options granted | shares			1,820,000
Exercise price | (per share)	$ 0.09		$ 0.09
Options expired | shares			400,000	1,640,000
Weighted average remaining contractual term			2 years 8 months 19 days
Exercise price of option | $ / shares		$ 0.1		$ 0.1
Share Price | $ / shares	$ 0.088		$ 0.08
Officers And Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted | shares	1,820,000
Stock options granted to directors, fair value	$ 158,341
Nonemployees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted to directors, fair value	$ 13,920
Eric Jones [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares issued for stock options exercised | shares		200,000
Stock Options exercised		$ 20,000
Accounts payable		7,146
Accrued wages		$ 12,854
James Collord [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares issued for stock options exercised | shares		100,000
Stock Options exercised		$ 10,000
Accrued interest		8,163
Accrued wages		2,500
Accrued taxes		$ 663
Larry Thackery [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares issued for stock options exercised | shares		160,000
Stock Options exercised		$ 16,000
Proceeds from exercise of options		10,535
Accrued wages		5,917
Accrued taxes		$ 453
Ralph Noyes [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares issued for stock options exercised | shares		150,000
Proceeds from exercise of options		$ 15,000
Doug Glaspey [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares issued for stock options exercised | shares		100,000
Proceeds from exercise of options		$ 10,000
Ralph Noyes and Doug Glaspey [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from exercise of options		$ 25,000

Stock Options - Schedule of ass

Stock Options - Schedule of assumptions used to estimated the fair value of option award (Details) - $ / shares	1 Months Ended
	Mar. 21, 2022	Dec. 31, 2022
Share-based Payment Arrangement [Abstract]
Stock price	$ 0.088	$ 0.08
Exercise price	$ 0.09
Expected volatility	188.90%
Expected dividends	0%
Expected terms (in years)	5 years
Risk-free rate	2.39%

Stock Options - Schedule of sum

Stock Options - Schedule of summary of options issued and outstanding (Details)	1 Months Ended		12 Months Ended
	Mar. 21, 2022 $ / shares	Jul. 19, 2021 $ / shares shares	Dec. 31, 2022 $ / shares shares	Dec. 31, 2021 $ / shares shares
Share-based Payment Arrangement [Abstract]
Options Outstanding, at beginning			3,355,000	5,705,000
Weighted Average Exercise Price, Outstanding at beginning | $ / shares			$ 0.1	$ 0.1
Options, Exercisable at beginning			3,355,000	5,705,000
Weighted Average Exercise Price, Exercisable at beginning | $ / shares			$ 0.1	$ 0.1
Shares Granted			1,820,000
Weighted Average Exercise Price, Granted | (per share)	$ 0.09		$ 0.09
Shares Exercised		(710,000)		(710,000)
Weighted Average Exercise Price, Exercised | $ / shares		$ 0.1		$ 0.1
Shares Expired			(400,000)	(1,640,000)
Weighted Average Exercise Price, Expired | $ / shares			$ 0.09	$ 0.1
Options Outstanding, at ending			4,775,000	3,355,000
Weighted Average Exercise Price, Outstanding at ending | $ / shares			$ 0.093	$ 0.1
Options, Exercisable at ending			4,775,000	3,355,000
Weighted Average Exercise Price, Exercisable at ending | $ / shares			$ 0.093	$ 0.1

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Future tax rates including federal and Idaho state	26.70%	25.70%
Federal and state net operating loss carryforwards	$ 8.3
Net operating loss carryforwards	7.5
Net operating loss incurred after year 2017	$ 0.8
Percentage of taxable income in future tax year	80%

Income Taxes - Schedule of defe

Income Taxes - Schedule of deferred tax assets and liabilities (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
NOL Carryforward	$ 2,127,500	$ 2,130,700
Share-based Comp	113,000	83,700
Deferred compensation	268,100	278,000
Investments	197,800	0
Mineral properties	159,100	170,600
Total deferred tax assets	2,865,500	2,663,000
Deferred tax liabilities:
Investment in OGT	(142,300)	(147,500)
Investments	0	(3,600)
Net deferred tax assets	2,723,200	2,511,900
Less valuation allowance	(2,723,200)	(2,511,900)
Net deferred tax assets	$ 0	$ 0

Income Taxes - Schedule of effe

Income Taxes - Schedule of effective income tax rate reconciliation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
(Provision)/benefit at statutory rate, Amount	$ 262,250	$ 119,000
(Provision)/benefit at statutory rate, Percent	21%	21%
State taxes, Amount	$ 58,690	$ 32,300
State taxes, Percent	4.70%	5.70%
Change in prior year tax estimate, Amount	$ (109,640)	$ 672,500
Change in prior year tax estimate, Percent	(8.80%)	118.60%
Change in valuation allowance, Amount	$ (211,300)	$ (823,800)
Change in valuation allowance, Percent	(16.90%)	(145.30%)
Total, Amount	$ 0	$ 0
Total, Percent	0%	0%

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Lease payments	$ 16,875	$ 11,988

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details) - Subsequent Event [Member] - USD ($)		1 Months Ended
	Feb. 07, 2023	Feb. 28, 2023	Jan. 31, 2023
Subsequent Event [Line Items]
Right to use asset		$ 38,701
Incremental borrowing rate		7%
Future rent payments		$ 1,612
Down payment paid			$ 10,000
Balance amount due			$ 40,000
BeMetals Option Agreement [Member]
Subsequent Event [Line Items]
Expenses and obligations paid	$ 33,530