American Clean Resources (ACRG) 10-Q 15 Aug 16 2016 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 15, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Entity Registrant Name	Standard Metals Processing, Inc.
Entity Central Index Key	773,717
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	SMPR
Entity Common Stock, Shares Outstanding		117,955,003

Condensed Consolidated Balance

Condensed Consolidated Balance Sheet - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash	$ 2,125	$ 1,747
Prepaid expenses	48,884	30,037
Assets held for Sale	12,000	68,500
Total current assets	63,009	100,284
Shea Mining and Milling Assets	2,108,300	2,108,300
Property, plant and equipment:
Machinery and equipment	21,000	21,000
Construction in progress	1,775,224	1,775,224
Property, Plant and Equipment, Gross	1,796,224	1,796,224
Accumulated depreciation	(21,000)	(21,000)
Net property, plant and equipment	1,775,224	1,775,224
Total Assets	3,946,533	3,983,808
Current liabilities:
Senior secured convertible promissory note payable, related party	2,229,186	2,229,187
Promissory notes payable - related party, net of debt discount of $0 June 30, 2016 and $11,577 December 31, 2015	477,500	465,923
Convertible notes payable	175,000	175,000
Accrual for settlement of lawsuits	2,581,000	2,658,000
Due to Wits Basin Precious Minerals Inc.	16,616	16,616
Accounts payable	2,178,495	2,053,376
Accrued interest	622,284	530,103
Accrued expenses	870,100	907,922
Accounts payable to related party	1,000	1,874
Total current liabilities	9,151,181	9,038,001
Long-term debt
Convertible Notes payable, net of $134,076 discount	25,924	0
Commitments and Contingencies (Note 9)
Preferred stock, 50,000,000 shares authorized:
Series A, $.001 par value, 10,000,000 and 10,000,000 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively	10,000,000	10,000,000
Shareholders’ equity (deficit):
Series B preferred stock, no shares issued and outstanding	0	0
Common stock, $0.001 par value, 500,000,000 shares authorized: 113,075,936 and 104,075,936 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively	108,076	104,076
Additional paid-in capital	86,697,246	86,438,911
Common stock issuable	0	40,000
Accumulated deficit	(102,035,894)	(101,637,180)
Total shareholders’ equity (deficit)	(15,230,572)	(15,054,193)
Total Liabilities and Shareholders’ Equity (Deficit)	$ 3,946,533	$ 3,983,808

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheet (Parenthetical) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	113,075,936	104,075,936
Common stock, shares outstanding	113,075,936	104,075,936
Debt Instrument Unamortized Discount	$ 0	$ 11,577
Convertible Notes Payable [Member]
Debt Instrument Unamortized Discount	$ 134,076
Preferred Stock
Temporary Equity, Shares Authorized	50,000,000	50,000,000
Series A Preferred Stock
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares issued	10,000,000	10,000,000
Preferred stock, shares outstanding	10,000,000	10,000,000
Series B Preferred Stock
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues	$ 0	$ 0	$ 0	$ 0
Operating expenses:
General and administrative	142,420	5,640,439	216,659	12,753,801
Impairment of Shea Mining and Milling assets	0	33,051,127	0	33,051,127
Depreciation and amortization	0	0	0	3,387
Judgement on legal actions	0	2,257,000	0	2,257,000
Total operating expenses	142,420	40,948,566	216,659	48,065,315
Loss from operations	(142,420)	(40,948,566)	(216,659)	(48,065,315)
Other income (expense):
Other income	1,825	1,825	3,650	4,258
Interest expense	(76,065)	(64,440)	(148,204)	(118,157)
Amortization of debt discount	(19,945)	(50,796)	(37,501)	(77,441)
Total other income (expense)	(94,185)	(113,411)	(182,055)	(191,340)
Loss before income tax provision	(236,605)	(41,061,977)	(398,714)	(48,256,655)
Income tax provision	0	0	0	0
Net loss	$ (236,605)	$ (41,061,977)	$ (398,714)	$ (48,256,655)
Basic net loss per common share	$ 0	$ (0.4)	$ 0	$ (0.46)
Basic weighted average common shares outstanding	104,066,697	103,891,266	106,933,079	103,803,256

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
OPERATING ACTIVITIES:
Net loss	$ (398,714)	$ (48,256,655)
Adjustments to reconcile net loss to cash flows used in operating activities:
Depreciation and amortization	0	3,387
Amortization of debt issuance costs	37,501	77,454
Compensation expense related to issuance of common stock, warrants and stock option grants	0	11,764,548
Impairment of Shea Mining and Milling assets	0	33,051,127
Judgement on legal actions	0	2,257,000
Changes in operating assets and liabilities:
Prepaid expenses	(18,847)	43,549
Accrual for settlement of lawsuits	(7,350)	0
Accounts payable	117,804	372,831
Accrued expenses	54,358	201,497
Accounts payable related party	(874)	16,294
Net cash used in operating activities	(216,122)	(468,968)
INVESTING ACTIVITIES:
Payment for construction in progress	0	(43,528)
Proceeds from the sale of assets	56,500	0
Net cash provided by (used in) investing activities	56,500	(43,528)
FINANCING ACTIVITIES:
Cash proceeds from issuance of common stock, warrants and exercise of stock options and warrants, net	0	124,600
Cash proceeds from Senior secured convertible notes payable - related party	0	298,000
Cash proceeds from convertible note payable	160,000	0
Cash proceeds from debt	0	54,590
Net cash provided by financing activities	160,000	477,190
(INCREASE) DECREASE IN CASH AND CASH EQUIVALENTS	378	(35,306)
CASH AND CASH EQUIVALENTS, beginning of period	1,747	36,095
CASH AND CASH EQUIVALENTS, end of period	2,125	789
Supplemental Disclosure of Non-Cash Investing and Financing Activities:
Cash paid for interest cost	56,023	3,589
Income taxes paid	0	0
Supplemental cash flow disclosures
Debt discount on convertible notes payable	160,000	0
Common stock issued	40,000	0
Construction in progress and equipment purchase unpaid	0	928,130
Warrants issued in settlement of lawsuit	62,335	0
Shares issued for accounts payable settlement	0	83,532
Warrants issued in connection with debt	0	162,967
Accrued construction in progress costs	$ 0	$ 235,731

OVERVIEW

OVERVIEW	6 Months Ended
	Jun. 30, 2016
Nature Of Business [Abstract]
OVERVIEW	NOTE 1 - OVERVIEW Standard Metals Processing, Inc. (“we,” “us,” “our,” “Standard Metals,” the “Company” or the “Corporation”) (a.k.a. Cambrian Minerals Group, Inc.) is an exploration stage company having offices in Gadsden, Alabama and through its subsidiary, a property in Tonopah, Nevada. Our business plan is to purchase equipment and build a facility on our Tonopah property to serve as a permitted custom processing toll milling facility (which includes an analytical lab, pyrometallugircal plant, and hydrometallurgical recovery plant). The Company plans to perform permitted custom processing toll milling which is a process whereby mined material is crushed and ground into fine particles to ease the extraction of any precious minerals contained therein, such as minerals in the gold, silver and platinum metal groups. Custom milling and refining can include many different processes that are designed specifically for each ore load and to maximize the extraction of precious metals from carbon or concentrates. These toll-processing services also distill, dry, mix, or mill chemicals and bulk materials on a contractual basis and provide a chemical production outsourcing option for industrial companies, which lack the expertise, capacity, or regulatory permits for in-house production. We are required to obtain several permits before we can begin construction of a small scale mineral processing facility to conduct permitted processing toll milling activities and construction of the required additional buildings and well relocation necessary for us to commence operations. Any reference herein to “Standard Metals,” “the Company,” “we,” “our,” or “us” is intended to mean Standard Metals Processing, Inc. a Nevada corporation, and all of our subsidiaries unless otherwise indicated. Going Concern The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, assuming we will continue as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. For the six months ended June 30, 2016, the Company incurred losses from operations of $ 398,714 102,035,894 9,088,172 160,000

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The financial statements include the accounts of Standard Metals Processing, Inc., its wholly owned subsidiary Tonopah Milling and Metals Group, Inc. (“TMMG”), and TMMG’s wholly owned subsidiaries Tonopah Custom Processing, Inc. and Tonopah Resources, Inc. All significant intercompany transactions, accounts and balances have been eliminated in consolidation. The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”), for interim financial information pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and footnotes required by US GAAP for complete financial statements. The unaudited condensed financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Form 10-K for the year ended December 31, 2015 filed May 2, 2016. In the opinion of management, all adjustments (consisting of normal recurring adjustments unless otherwise indicated) considered necessary for a fair presentation have been included. Operating results for the three months ended June 30, 2016 are not necessarily indicative of the results that may be expected for the year as a whole. Shea Mining and Milling Assets The Company recorded the estimated fair value of the Shea Mining and Milling assets as an aggregate amount on the condensed consolidated balance sheets. The assets include the mine tailings and dumps, the land, water rights and the milling facility (the buildings and equipment). None of the assets have been put into production, nor has the Company performed any repair or updates to any of the equipment or buildings. As such, the Company will continue to classify them under a single listing. Mineral property acquisition costs are recorded at cost and are deferred until the viability of the property is determined. No properties have produced operating revenues at this time. Exploration, mineral property evaluation, option payments, related acquisition costs for mineral properties acquired under an option agreement, general overhead, administrative and holding costs to maintain a property on a care and maintenance basis are expensed in the period they are incurred. When reserves are determined for a property and a bankable feasibility study is completed, subsequent exploration and development costs on the property would be capitalized. If a project were to be put into production, capitalized costs would be depleted on the unit of production basis. Management reviews the net carrying value of each mineral property as changes may materialize with a property or at a minimum, on an annual basis. Where information and conditions suggest impairment, estimated future net cash flows from each property are calculated using estimated future prices, proven and probable reserves and value beyond proven and probable reserves, and operating, capital and reclamation costs on an undiscounted basis. If it is determined that the future cash flows are less than the carrying value, a write-down to the estimated fair value is made with a charge to loss for the period. Where estimates of future net cash flows are not available and where other conditions suggest impairment, management assesses if the carrying value can be recovered. Management’s estimates of gold prices, recoverable reserves, probable outcomes, operating capital and reclamation costs are subject to risks and uncertainties that may affect the recoverability of mineral property costs. The Company does not own any mining claims. It owns tailings located on the Tonopah property and some tailings located in Manhattan, Nevada. The Company has not disturbed or processed any of this material and does not intend to do so in the foreseeable future. The Company will periodically evaluate the carrying value of long-lived assets to be held and used, including but not limited to, mineral properties, mine tailings, mine dumps, capital assets and intangible assets, when events and circumstances warrant such a review and at least annually. The carrying value of a long-lived asset is considered impaired when the anticipated undiscounted cash flow from such asset is separately identifiable and is less than its carrying value. In that event, a loss is recognized based on the amount by which the carrying value exceeds the fair value of the long-lived asset. Fair value is determined primarily using the anticipated cash flows discounted at a rate commensurate with the risk involved. Losses on long-lived assets to be disposed of are determined in a similar manner, except that fair values are reduced for the cost to dispose. 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 disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. During the period ended June 30, 2016 and through August 16, 2016, there were several new accounting pronouncements issued by the Financial Accounting Standards Board. Each of these pronouncements, as applicable, has been or will be adopted by the Company. Management does not believe the adoption of any of these accounting pronouncements has had or will have a material impact on the Company’s consolidated financial statements.

SHEA MILLING AND MINING ASSETS

SHEA MILLING AND MINING ASSETS	6 Months Ended
	Jun. 30, 2016
Acquisition Of Shea Milling And Mining Assets [Abstract]
SHEA MILLING AND MINING ASSETS	NOTE 3 –SHEA MILLING AND MINING ASSETS On March 15, 2011, the Company entered into an exchange agreement by and between the Company, Shea Mining, Afignis, LLC, Leslie Lucas Partners, LLC, Wits Basin and Alfred A. Rapetti (the “Shea Exchange Agreement”) whereby the Company acquired certain assets from Shea Mining, which assets include those located in Tonopah financed through a note payable assigned to the Company, mine dumps, a property lease and a contract agreement in exchange for 35,000,000 Pursuant to the assignment of a note payable, the Company executed an Assignment and Assumption of Loan Documents and Loan Modification Agreement, by and between us, Shea Mining and NJB Mining, Inc. (the “Loan Modification Agreement”), dated March 15, 2011, for those assets located in Tonopah, Nevada (“Tonopah”), consisting of land, buildings, mining tailings, a dormant milling facility, abandoned milling equipment and water permits. The land encompasses 1,186 2,200,000 334 The Tonopah property was subject to an existing $ 2,500,000 375,645 December 9, 2011 5,000,000 5,000,000 5,000,000 1,500,000 27,000,000 2,500,000 1,933,345 8 In connection with the Shea Exchange Agreement, the Company was also assigned the ownership of approximately a six square mile section of mine dump material in Manhattan, Nevada (“Manhattan”). The Company has not disturbed, moved or processed any of this material and currently has no intention to do so. The other assets the Company acquired consisted of a property lease, which allowed the use of an assay lab property and the associated water permits, (with a right to purchase for $ 6,000,000 17,500 5,000 112,500 10,500 40,925 Pursuant to the Shea Exchange Agreement, the Company issued a total of 35,000,000 87 Issuance of 35,000,000 shares of common stock with an estimated fair value of $0.89 per share (closing sales price on March 15, 2011) $ 31,150,000 Cash consideration 700,000 Assumption of NJB Mining mortgage 2,500,000 Assumption of accrued interest and other liabilities 463,184 Legal costs (includes issuance of 100,000 shares of common stock valued at $89,000) 205,258 Other direct expenses incurred in connection with the Shea Exchange Agreement 140,985 $ 35,159,427 In conformity with accounting principles generally accepted in the United States of America, cost of acquiring a group of assets is allocated to the individual assets within the group based on the relative fair values of the individual assets. Tonopah mine tailings $ 24,888,252 Tonopah dormant milling facility 8,062,875 Tonopah land 1,760,000 Tonopah water rights 348,300 Manhattan mine dumps 100,000 Total $ 35,159,427 Simultaneous with these transactions, pursuant to the Shea Exchange Agreement, Wits Basin exchanged 19,713,544 10,000,000 10,000,000 2,500,000 Management analyzed the Shea Mining and Milling assets and determined that the Tonopah mine tailings of $ 24,888,252 8,062,875 100,000 33,051,127 2,108,300 The Company does not conduct any mining activity.

ASSET HELD FOR SALE

ASSET HELD FOR SALE	6 Months Ended
	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
ASSET HELD FOR SALE	NOTE 4 – ASSET HELD FOR SALE During the year ended December 31, 2015 the Company determined that certain equipment with a historic cost of $ 2,020,415 996,643 Property, Plant and Equipment – Impairment or disposal of long-life assets 1,023,772 222,597 56,500 37,821 12,000

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	6 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	NOTE 5 – PROPERTY, PLANT AND EQUIPMENT The Company is preparing the Tonopah property site for the construction of a permitted custom processing toll milling facility including grading the land, installing fencing and working with contractors for our 21,875 June 30, December 31, 2016 2015 Equipment $ 21,000 $ 21,000 Construction in Progress 1,775,224 1,775,224 Less accumulated depreciation (21,000) (21,000) $ 1,775,224 $ 1,775,224

CONVERTIBLE NOTES PAYABLE

CONVERTIBLE NOTES PAYABLE	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Convertible Notes Payable	NOTE 6 – CONVERTIBLE NOTES PAYABLE Between January 22, 2016 and March 31, 2016 the Company issued Convertible Promissory Notes totaling $ 160,000 8 2 55,000 0.021 30,000 0.05 75,000 0.05 Debt with conversion and other options 160,000 4,879,067 On October 10, 2013, a Senior Secured Convertible Promissory Note for up to $ 2,500,000 8 1,933,345 June 30, December 31, 2016 2015 Convertible notes net of unamortized discount of $134,076 at June 30, 2016; interest rate of 8%; $ 25,924 $ - Convertible promissory notes net of unamortized discount of $0 at December 31, 2014; interest rate of 6%; accrued interest of $36,665 at December 31, 2013 and all of these Notes are past due and original terms apply in the default period. $ 175,000 $ 175,000 Less current portion of Convertible Notes Payable (175,000) (175,000) $ 25,924 $ -

PROMISSORY NOTES PAYABLE - RELA

PROMISSORY NOTES PAYABLE - RELATED PARTY	6 Months Ended
	Jun. 30, 2016
Due to Related Parties, Current [Abstract]
PROMISSORY NOTES PAYABLE - RELATED PARTY	NOTE 7 – PROMISSORY NOTES PAYABLE - RELATED PARTY June 30, December 31, 2016 2015 Promissory note issued on February 11, 2015, in the principal amount of up to $750,000 with tranches received as follows: $200,000 on February 11, 2015; $48,000 on February 13, 2015; $50,000 on April 13, 2015; $150,000 on July 31, 2015, $2,500 on October 20, 2015, $12,000 on October 29, 2015 and $15,000 on November 4, 2015; the note has a stated interest rate of 8%; with a maturity of 1 year from the date of the tranche. $ 477,500 $ 477,500 Less discount (-) (11,577) Totals $ 477,500 $ 465,923 On February 11, 2015, the Company issued an unsecured promissory note to Tina Gregerson Family Properties, LLC, an entity controlled by a director of the Company. The Note for up to $750,000 will be provided in tranches. Maturity of each tranche is one year from the date of receipt. Interest will accrue at 8% per annum on each tranche. As consideration, the Company agreed to issue common stock purchase warrants for the purchase of up to 250,000 1.23 Debt with conversion and other options 116,560 1.25 7 75 1.83

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
SHAREHOLDERS' EQUITY	NOTE 8 – SHAREHOLDERS’ EQUITY Preferred Stock Series A Preferred Stock Simultaneous with the Shea Exchange Agreement, Wits Basin exchanged 19,713,544 10,000,000 001 1.00 The Company executed an agreement with the holder of the Series A Preferred Stock to amend certain provisions of the rights and preferences of the Series A Preferred Stock, See “Note 12 - Subsequent Events.” Series B Preferred Stock There are no shares of Series B Preferred Stock issued and outstanding. The class of stock has been retired. On April 11, 2016 the Company and Pure Path Capital Management LLC, a related party, executed an addendum removing Pure Path’s ability to convert its note into shares of Series B Preferred Stock. Subsequently, the Company retired and cancelled the entire class of Series B Preferred Stock, which was never issued or outstanding and such class is no longer available for issuance. Option Grants 2010 Plan The Company had one stock option plan: the 2010 Stock Incentive Plan, as amended (the “2010 Plan”). Stock options, stock appreciation rights, restricted stock and other stock and cash awards may be granted under the Plan. In general, options vest over a period ranging from immediate vesting to five years and expire 10 years from the date of grant. Effective January 21, 2011, the Company’s Board of Directors (the “Board”) authorized an amendment to the 2010 Stock Incentive Plan, to increase the number of options available for granting under the 2010 Plan from 3,000,000 13,500,000 13,500,000 13,500,000 14,500,000 The Company has been receiving files from former officers and attorneys. Upon review of the files, the original 2010 Plan and Board Resolution were located. The 2010 Plan approved by the Board of Directors on March 22, 2010 authorized 3,000,000 9.11 Amendment of the Plan. The Board of Directors may amend or discontinue the Plan at any time. However, no such amendment or discontinuance shall adversely change or impair, without the consent of the recipient, an Incentive previously granted. Further, no such amendment shall, without approval of the stockholders of the Company, (a) increase the maximum number of shares of Common Stock which may be issued to all participants under the Plan, (b) change or expand the types of Incentives that may be granted under the Plan, (c) change the class of persons eligible to receive Incentives under the Plan, or (d) materially increase the benefits accruing to participants under the Plan. Pursuant to the terms of the 2010 Plan, the stockholders of the Company must approve this increase. As the stockholders of the Company did not approve the increase of shares available under the 2010 Plan, the increase on January 21, 2011 was not effective. As of January 21, 2011 the Company had issued a total of 2,800,000 200,000 10,500,000 200,000 The Board of Directors terminated the 2010 option plan on August 23, 2013. 2014 Option Plan By Board Resolution effective January 27, 2014, the Company adopted a 2014 Stock Incentive Plan (the “Plan”) to compensate employees and consulting groups in their efforts to enhance the long-term shareholder value of the Company. Pursuant to the Plan, selected persons are offered opportunities to participate in the Company's growth and success and are encouraged to acquire and maintain stock ownership in the Company. The Plan grants options to purchase shares of the Company’s common stock vesting at dates beginning on the date of grant and issuable at chronological or performance increments. The Plan Administrator may also grandfather in existing options granted during 2013. The shareholders approved the 2014 Plan at the 2014 annual meeting. Under administration by the Compensation Committee (the “Plan Administrator”), a maximum of 75,000,000 10 The Plan Administrator establishes the time at which each option shall vest and become exercisable. If not established in the instrument evidencing the option, the option shall vest and become exercisable according to the following schedule: (i) after one year of the participant’s continuous employment or service with the company or its related corporations, one quarter of the total options will be vested and exercisable; (ii) after each additional six-month period of continuous service completed thereafter, an additional one eighth of the total options will be vested and exercisable; and (iii) after four years, 100% of the options will be vested and exercisable. Under the terms of the Plan, the exercise price for shares shall be paid in cash or check to the Company unless the Plan Administrator determines otherwise. The Plan Administrator shall determine whether the options will continue to be exercisable, and the terms and conditions of such exercise, if a participant ceases to be employed or provide services to the Company. If not so established in the instrument evidencing such options, any portion of an option that is not vested and exercisable on the date of termination of the participant’s employment or service relationship (the “Employment Termination Date”) shall expire on such date. Any portion of an option that is vested and exercisable on the Employment Termination Date shall expire upon the earliest to occur of: (i) if the participant’s Employment Termination Date occurs by reason of retirement, disability or death, the one-year anniversary of such Employment Termination Date; (ii) if the participant’s Employment Termination Date occurs for reasons other than cause, retirement, disability or death, the three-month anniversary of such Employment Termination Date; or (iii) the last day of the option term. Notwithstanding the foregoing, if the participant dies after the Employment Termination Date while the Option is otherwise exercisable, the portion of the option that is vested and exercisable on such Employment Termination Date shall expire upon the earlier to occur of: (a) the last day of the option term; or (b) the first anniversary of the date of death, unless the Plan Administrator determines otherwise. If a participant is terminated for cause, the options shall automatically expire at the time the Company first notifies the participant of the termination. If a participant’s employment is suspended pending investigation of whether they will be terminated for cause, the participant’s rights under any option shall be suspended during the period of investigation. Awards granted under the Plan may not be assigned, except, to the extent permitted by Section 422 of the Internal Revenue Code (the “IRC”), and the Plan Administrator may permit such assignment, transfer and exercisability, and may permit a participant to designate a beneficiary who may exercise the award or receive compensation under the award after the participant’s death. Any award permitted to be assigned shall be subject to the terms and conditions contained in the instrument evidencing the award. The Plan may only be amended by the Company’s Board of Directors, as it deems advisable. Shareholder approval shall be required for any amendment to the extent required for compliance with Section 422 of the IRC, as amended or any applicable law or regulation. The Board may suspend or terminate the Plan at any time. Incentive stock options may not be granted more than 10 years after the later of the Plan’s adoption by the Board or the adoption by the Board of any amendment to the Plan that constitutes adoption of a new plan for the purpose of Section 422 of the IRC. Participants who are residents of California shall be subject to additional terms and conditions until the Common Stock becomes a publicly traded security, under the California Securities Code. The Company grandfathered the following options issued to consultants during the 4 th The Company entered into a Strategic Advisory Services Agreement with P5, LLC (“P5”) dated effective October 15, 2013, to provide strategic advisory services. As consideration for such services, the Company granted P5 a total of 17,500,000 7,500,000 0.65 10,000,000 1.25 7,500,000 0.65 2,500,000 10,000,000 1.25 2,500,000 The Company entered into a Strategic Advisory Services Agreement with a consultant dated effective October 15, 2013. As consideration for the consultant’s assistance in expanding the Company’s operations and securing new business arrangements, the Company granted the consultant an aggregate of 3,500,000 1,500,000 0.65 2,000,000 1.25 1,500,000 0.65 500,000 2,000,000 1.25 500,000 On December 26, 2013, the Company entered into a Consulting Services Agreement with LR Advisors, LLC (“LRA”). Pursuant to the terms of the agreement, LRA agreed to provide the Company advisory services in connection with the Company’s investor relations. As compensation for such services, LRA was granted a total of 1,500,000 1.25 The Company entered into a Consulting Agreement with EAS Advisors, LLC (“EAS”) on January 1, 2014, whereby EAS agreed to provide the Company general corporate advice, guidance and strategic services relating to the Company’s milling assets and the development of mining clients and contacts. As consideration for such services, the Company granted EAS an aggregate of 2,000,000 1,000,000 1.25 1,000,000 2.25 1,000,000 1.25 250,000 1,000,000 2.25 250,000 1,398,584 On June 18, 2014, the Company granted 250,000 1.67 On June 18, 2014, the Company granted 750,000 1.67 On June 18, 2014, the Company granted 1,000,000 1.67 On January 16, 2015 the Company’s Chief Operating Officer was granted 2,250,000 1.15 750,000 shall vest on the Date of Grant; (ii) 187,500 shall vest on each of the following dates: April 1, 2015, July 1, 2015, October 1, 2015, January 1, 2016, April 1, 2016, July 1, 2016, October 1, 2016 and January 1, 2017 7,000,000 1.00 7,000,000 On April 24, 2015 the Company entered into an employment agreement with Mr. John Ryan to serve as the Company’s president. Pursuant to the employment agreement, the Company granted Mr. Ryan 2,500,000 0.92 100,000 vested on the Date of Grant 150,000 vested on July 24, 2015 250,000 shall vest on each of the following dates: October 24, 2015, January 24, 2016 and April 24, 2016 750,000 shall vest on achievement of certain performance objectives of tonnage and gold ore concentrate 750,000 shall vest on achievement of certain performance objectives based on earnings before interest, taxes, depreciation and amortization On June 4, 2015 the Company entered into an employment agreement with Mr. Thomas Loucks to serve as the Company’s Vice President of Corporate Development. Pursuant to the employment agreement, the Company granted Mr. Loucks 2,500,000 0.90 500,000 shall vest on the Date of Grant 500,000 shall vest on each of the following dates: December 4, 2015, June 4, 2016, December 4, 2016 and June 4, 2017. On June 11, 2015 the Company entered into an employment agreement with Mr. Bobby Cooper to serve as the Company’s Managing Director. Pursuant to the employment agreement, the Company granted Mr. Cooper 2,500,000 0.80 500,000 shall vest on the Date of Grant 500,000 shall vest on each of the following dates: December 11, 2015, June 11, 2016, December 11, 2016 and June 11, 2017. On July 21, 2015 the Company agreed to reprice 750,000 1.67 0.75 0.75 318,270 The Company uses the Black-Scholes pricing model as a method for determining the estimated fair value for stock awards. Compensation expense for stock awards is recognized on a straight-line basis over the vesting period of service awards and for performance-based awards, the Company recognizes the expense when the performance condition is probable of being met. 2016 2015 Risk-free interest rate — 0.084% - 2.08% Expected volatility factor — 185% - 305% Expected dividend — — Expected option term (years) — 3 - 7 The Company reviews its current assumptions on a periodic basis and adjusts them as necessary to ensure an accurate valuation. The risk-free interest rate is based on the Federal Reserve Board’s constant maturities of the U.S. Treasury bond obligations with terms comparable to the expected life of the options at their issuance date. The Company uses historical data to estimate expected forfeitures, expected dividend yield, expected volatility of the Company’s stock and the expected life of the options. The Company recorded $ 0 11,764,548 0 The following tables summarize information about the Company’s stock options: Number of Weighted Options outstanding - December 31, 2014 34,131,842 $ 0.99 Granted 17,500,000 .90 Canceled or expired (16,555,619) .92 Exercised - - Options outstanding - December 31, 2015 35,076,223 $ 0.99 Granted - - Canceled or expired (2,500,000) 0.88 Exercised - - Options outstanding –June 30, 2016 32,576,223 $ 0.98 Weighted average fair value of options granted during the period ended June 30, 2016 $ - Weighted average fair value of options granted during the year ended December 31, 2015 $ 0.90 Options Weighted Non-vested, beginning of period 1,149,850 $ 0.90 Granted - $ - Vested - $ - Forfeited 1,149,850 $ 0.88 Non-vested, end of period - $ - Options Outstanding at June 30, 2016 Range of Number Weighted Weighted Aggregate $0.40 to $0.60 5,276,223 4.4 years $ 0.46 $ - $0.61 to $1.00 9,800,000 4.3 years $ 0.67 $ - $1.01 to $1.50 14,500,000 4.3 years $ 1.25 $ - $1.51 to $2.25 3,000,000 4.8 years $ 1.63 $ - $0.40 to $2.25 32,576,223 4.4 years $ 0.98 $ - Options Exercisable at June 30, 2016 Range of Number Weighted Weighted Aggregate $0.40 to $0.60 5,276,223 4.4 years $ 0.46 $ - $0.61 to $1.00 9,800,000 4.3 years $ 0.67 $ - $1.01 to $1.50 14,500,000 4.3 years $ 1.25 $ - $1.51 to $2.25 3,000,000 4.8 years $ 1.63 $ - $0.40 to $2.25 32,576,223 4.8 years $ 0.98 $ - (1) The aggregate intrinsic value in the table represents the difference between the closing stock price on June 30, 2016 and the exercise price, multiplied by the number of in-the-money options that would have been received by the option holders had all option holders exercised their options on June 30, 2016. Common Stock Purchase Warrants For warrants granted to non-employees in exchange for services, we recorded the fair value of the equity instrument using the Black-Scholes pricing model unless the value of the services is more reliably measurable. On March 2, 2015, 100,000 0.89 89,000 On April 23, 2015, 40,000 0.89 35,600 The Company and Wits Basin executed a Settlement Agreement on January 22, 2016. Pursuant to the terms of the Settlement Agreement, the Company issued 630,000 0.70 630,000 0.30 Number Weighted Range Weighted Outstanding at December 31, 2014 5,483,980 $ 0.79 $ 0.20 – 2.00 4.8 years Granted 400,000 $ 1.24 $ 1.23 – 1.25 Cancelled or expired (728,340) 0.50 0.50 Exercised (140,000) $ 0.89 $ 0.25 – 0.89 Outstanding at December 31, 2015 5,015,640 $ 0.88 $ 0.20 – 2.00 4.4 years Granted 1,260,000 $ 2.00 $ 0.30 – 1.25 Cancelled or expired - - - Exercised - $ - $ - Outstanding at June 30, 2016 6,275,640 $ 0.86 $ 0.20 – 2.00 5.1 years Warrants exercisable at June 30, 2016 6,425,640 The aggregate intrinsic value of the 6,425,640 0

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 9 – COMMITMENTS AND CONTINGENCIES Legal Matters Stephen E. Flechner v. Standard Metals Processing, Inc. On April 29, 2014, Stephen E. Flechner filed suit in the United States District Court for the District of Colorado against Standard Metals Processing, Inc. alleging that Standard Metals had refused to allow him to exercise stock options granted to him pursuant to a Stock Option Agreement, dated April 1, 2010, and a second Stock Option Agreement, dated January 21, 2011. On June 12, 2014, Standard Metals filed an Answer and a Motion to Dismiss or, Alternatively, to Stay or Transfer the action to the United States District Court for the Northern District of Alabama, Middle Division . On January 16, 2015, Standard Metals filed a Motion for Summary Judgment. On January 23, 2015, the Court issued an Order granting in part and denying in part Standard Metals’ Motion to Dismiss or, Alternatively, to Stay or Transfer the action to the United States District Court for the Northern District of Alabama, Middle Division . The Court in its Order stayed further proceedings in Colorado pending the issuance of orders by the Alabama court. Thereafter, on January 26, 2015, the Court issued an Order vacating the February 20, 2015 Trial Preparation Conference and the March 9, 2015 Bench Trial. On March 23, 2015, the Court issued an Order denying Standard Metals’ Motion for Summary Judgment. On March 30, 2015, Flechner filed a Motion to Lift the Stay. On March 31, 2015, the Court issued an Order granting Flechner’s Motion to Lift the Stay. On April 6, 2015, the Court issued an Order scheduling a Bench Trial for July 29, 2015. On April 9, 2015, Flechner filed a Motion for Reconsideration of the Court’s March 23, 2015 Order Denying Flechner’s Motion to Enforce the Confidential Settlement Agreement to Settle Certain Issues. On May 1, 2015, the Court issued an Order Granting Flechner’s Motion to Enforce the Confidential Settlement Agreement to Settle Certain Issues. On August 12, 2015 the United Stated District Court for the District of Colorado issued a judgment in favor of Stephen E. Flechner for $ 2,157,000 235,246 472.76 450,000 250,000

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 10 – RELATED PARTY TRANSACTIONS Tina Gregerson/Tina Gregerson Family Properties, LLC On February 11, 2015, the Company issued an unsecured promissory note (the “Note”) to Tina Gregerson Family Properties, LLC, an entity controlled by a director of the Company. The Note for up to $ 750,000 8 250,000 1.23 200,000 48,000 50,000 150,000 2,500 12,000 15,000 Pure Path Management Company, LLC Pure Path Management Company, LLC (“Pure Path”) is currently the beneficial owner of 19.8 27,000,000 1,500,000 In connection with the assignment of the Forbearance Agreement, the Parties executed an Agreement in Principle setting forth terms of the Forbearance Agreement (collectively the “Pure Path Agreements”). Pursuant to the Pure Path Agreements, Pure Path was to receive participation payments to be received on a quarterly basis for seven years after the final closing at a rate of 5% of adjusted gross revenue as such terms are defined in the Pure Path Agreements, past and future consulting fees for approximately $ 1,150,000 Pursuant to the Settlement and Release Agreement executed October 10, 2013 with the Company, Pure Path relinquished the foregoing rights and obligations owed to it and agreed to forbear collection remedies and legal proceedings against the Company including foreclosure on the Deed of Trust, and in connection with the settlement and release of various debts of approximately $ 1,500,000 27,000,000 2,500,000 1,933,345 8 Under the terms of the Pure Path Note, the Company received $ 54,590 On April 11, 2016, the Company and Pure Path executed an addendum removing Pure Path’s ability to convert its note into shares of Series B Preferred Stock. Subsequently, the Company retired and cancelled the entire class of Series B Preferred Stock, and such class is no longer available for issuance.

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
EARNINGS (LOSS) PER SHARE	NOTE 11 – EARNINGS (LOSS) PER SHARE Basic net loss per common share is computed by dividing net loss applicable to common shareholders by the weighted average number of common shares outstanding during the periods presented. Diluted net loss per common share is determined using the weighted average number of common shares outstanding during the periods presented, adjusted for the dilutive effect of common stock equivalents, consisting of shares that might be issued upon exercise of options, warrants and conversion of convertible debt. In periods where losses are reported, the weighted average number of common shares outstanding excludes common stock equivalents, because their inclusion would be anti-dilutive. At June 30, 2016, the weighted average shares from stock options of 32,576,223 6,425,640 4,719,048

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 12 – SUBSEQUENT EVENTS Preferred Stock As disclosed in a Form 8-K filed with the SEC on August 1, 2016, the Company entered into an Agreement on July 29, 2016 with the holder of the Series A Preferred Stock, Wits Basin Precious Minerals, Inc., (“Wits”) and Wits’ secured creditor regarding exchange options for the Series A Preferred Stock. Under the terms of the Agreement, upon the occurrence of a Triggering Event (as defined below), the holders of the Preferred Stock will receive the corresponding compensation, the “Triggering Events” and their corresponding compensation are set forth below: 3. Liquidation Rights, Stated Value and Redemption 10,000,000 (a) Upon any liquidation, dissolution or winding up of the Corporation, and after paying or adequately providing for the payment of all its obligations, the remainder of the assets of the Corporation shall be distributed, either in cash or in kind, first pro rata to the holders of the Series A Preferred Stock in an amount equal to the Stated Value (as described below); then, to any other series of Preferred Stock, until an amount to be determined by a resolution of the Board of Directors prior to issuances of such Preferred Stock, has been distributed per share, and, then, the remainder pro rata to the holders of the Common Stock. (b) Upon the occurrence of a Triggering Event (as defined below), the holders of the Preferred Stock will receive the corresponding compensation, The “Triggering Events” and their corresponding compensation are set forth below: (1) If either of the following occur: (i) the Corporation receives proceeds of $ 10,000,000 (ii) the Corporation’s Common Stock trades at $ 3.00 then all of the 10,000,000 5,000,000 (2) If the Corporation has an average market capitalization (calculated by adding the value of all outstanding shares of Common Stock valued at the Corporation’s closing sale price on the Over the Counter Markets (or other applicable exchange) (the “Market”) of $ 200,000,000 (A) issue the number of shares of Common Stock equal to the Stated Value using the average closing sale price of the Common Stock on the Over the Counter Markets of the prior 15 trading days from the date of the notice. The Corporation will provide 10 days’ prior written notice to the holder and any known secured party of such holder of the Series A Stock of its intention to proceed with this option; or (B) issue a portion of the Stated Value in shares of Common Stock based on the valuation formula in 3(b)(2)(A) and pay the remaining Stated Value in cash. If this Section (3)(b)(2) is triggered, the Corporation has three years to choose option Section (3)(b)(2)(A) or (B) and pay the Stated Value. The Corporation has 60 days from the date of notice of its election to pay under either Section (3)(b)(2)(A) or (B). Upon payment of the Stated Value, the Series A Shares will be retired. (c) If Section (3)(b)(2) is triggered and the Corporation fails to pay the Stated Value within the three year time frame, the Corporation will take all necessary action to return the Series A Preferred Shares in their original form (containing all original terms and conditions) to the holder with the exception that the Stated Value will be increased to $ 10,100,000 The previous terms of the Series A Preferred Stock would have required the Company to make a payment of $ 10,000,000 200,000,000 The Company issued five million shares of restricted common stock on April 1, 2016 that are being held in escrow pending a Series A Preferred Stock Triggering Event. Common Stock On July 22, 2016 three convertible promissory notes payable totaling $ 160,000 4,879,067 The Company issued a convertible promissory note in the principal amount of $ 60,000 8 0.06

SUMMARY OF SIGNIFICANT ACCOUN18

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The financial statements include the accounts of Standard Metals Processing, Inc., its wholly owned subsidiary Tonopah Milling and Metals Group, Inc. (“TMMG”), and TMMG’s wholly owned subsidiaries Tonopah Custom Processing, Inc. and Tonopah Resources, Inc. All significant intercompany transactions, accounts and balances have been eliminated in consolidation.
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”), for interim financial information pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and footnotes required by US GAAP for complete financial statements. The unaudited condensed financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Form 10-K for the year ended December 31, 2015 filed May 2, 2016. In the opinion of management, all adjustments (consisting of normal recurring adjustments unless otherwise indicated) considered necessary for a fair presentation have been included. Operating results for the three months ended June 30, 2016 are not necessarily indicative of the results that may be expected for the year as a whole.
Shea Mining and Milling Assets	Shea Mining and Milling Assets The Company recorded the estimated fair value of the Shea Mining and Milling assets as an aggregate amount on the condensed consolidated balance sheets. The assets include the mine tailings and dumps, the land, water rights and the milling facility (the buildings and equipment). None of the assets have been put into production, nor has the Company performed any repair or updates to any of the equipment or buildings. As such, the Company will continue to classify them under a single listing.
Mineral Properties	Mineral Properties Mineral property acquisition costs are recorded at cost and are deferred until the viability of the property is determined. No properties have produced operating revenues at this time. Exploration, mineral property evaluation, option payments, related acquisition costs for mineral properties acquired under an option agreement, general overhead, administrative and holding costs to maintain a property on a care and maintenance basis are expensed in the period they are incurred. When reserves are determined for a property and a bankable feasibility study is completed, subsequent exploration and development costs on the property would be capitalized. If a project were to be put into production, capitalized costs would be depleted on the unit of production basis. Management reviews the net carrying value of each mineral property as changes may materialize with a property or at a minimum, on an annual basis. Where information and conditions suggest impairment, estimated future net cash flows from each property are calculated using estimated future prices, proven and probable reserves and value beyond proven and probable reserves, and operating, capital and reclamation costs on an undiscounted basis. If it is determined that the future cash flows are less than the carrying value, a write-down to the estimated fair value is made with a charge to loss for the period. Where estimates of future net cash flows are not available and where other conditions suggest impairment, management assesses if the carrying value can be recovered. Management’s estimates of gold prices, recoverable reserves, probable outcomes, operating capital and reclamation costs are subject to risks and uncertainties that may affect the recoverability of mineral property costs. The Company does not own any mining claims. It owns tailings located on the Tonopah property and some tailings located in Manhattan, Nevada. The Company has not disturbed or processed any of this material and does not intend to do so in the foreseeable future.
Impairment of Long-Lived Assets and Long-Lived Assets to be Disposed	Impairment of Long-Lived Assets and Long-Lived Assets The Company will periodically evaluate the carrying value of long-lived assets to be held and used, including but not limited to, mineral properties, mine tailings, mine dumps, capital assets and intangible assets, when events and circumstances warrant such a review and at least annually. The carrying value of a long-lived asset is considered impaired when the anticipated undiscounted cash flow from such asset is separately identifiable and is less than its carrying value. In that event, a loss is recognized based on the amount by which the carrying value exceeds the fair value of the long-lived asset. Fair value is determined primarily using the anticipated cash flows discounted at a rate commensurate with the risk involved. Losses on long-lived assets to be disposed of are determined in a similar manner, except that fair values are reduced for the cost to dispose.
Use of Estimates	Use of 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 disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Recent Accounting Pronouncements	Recent Accounting Pronouncements During the period ended June 30, 2016 and through August 16, 2016, there were several new accounting pronouncements issued by the Financial Accounting Standards Board. Each of these pronouncements, as applicable, has been or will be adopted by the Company. Management does not believe the adoption of any of these accounting pronouncements has had or will have a material impact on the Company’s consolidated financial statements.

SHEA MILLING AND MINING ASSETS

SHEA MILLING AND MINING ASSETS (Tables)	6 Months Ended
	Jun. 30, 2016
Acquisition Of Shea Mining And Milling Assets [Abstract]
Purchase Consideration of Assets Acquired	The purchase consideration of the assets acquired was calculated as follows: Issuance of 35,000,000 shares of common stock with an estimated fair value of $0.89 per share (closing sales price on March 15, 2011) $ 31,150,000 Cash consideration 700,000 Assumption of NJB Mining mortgage 2,500,000 Assumption of accrued interest and other liabilities 463,184 Legal costs (includes issuance of 100,000 shares of common stock valued at $89,000) 205,258 Other direct expenses incurred in connection with the Shea Exchange Agreement 140,985 $ 35,159,427
Final Purchase Price Allocation	The table below sets forth the final purchase price allocation. The fair value of the mineral properties and property and equipment was determined based on level 3 inputs using cost and market value approaches. Tonopah mine tailings $ 24,888,252 Tonopah dormant milling facility 8,062,875 Tonopah land 1,760,000 Tonopah water rights 348,300 Manhattan mine dumps 100,000 Total $ 35,159,427

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Components of Property Plant and Equipment	Components of our property, plant and equipment are as follows: June 30, December 31, 2016 2015 Equipment $ 21,000 $ 21,000 Construction in Progress 1,775,224 1,775,224 Less accumulated depreciation (21,000) (21,000) $ 1,775,224 $ 1,775,224

CONVERTIBLE NOTES PAYABLE (Tabl

CONVERTIBLE NOTES PAYABLE (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Summary of Convertible Notes Payable	The following table summarizes the Company’s remaining convertible promissory notes (convertible into common stock): June 30, December 31, 2016 2015 Convertible notes net of unamortized discount of $134,076 at June 30, 2016; interest rate of 8%; $ 25,924 $ - Convertible promissory notes net of unamortized discount of $0 at December 31, 2014; interest rate of 6%; accrued interest of $36,665 at December 31, 2013 and all of these Notes are past due and original terms apply in the default period. $ 175,000 $ 175,000 Less current portion of Convertible Notes Payable (175,000) (175,000) $ 25,924 $ -

PROMISSORY NOTES PAYABLE - RE22

PROMISSORY NOTES PAYABLE - RELATED PARTY (Tables)	6 Months Ended
	Jun. 30, 2016
Due from Related Parties, Current [Abstract]
Summary of notes payable related party	The following table summarizes the Company’s notes payable related party: June 30, December 31, 2016 2015 Promissory note issued on February 11, 2015, in the principal amount of up to $750,000 with tranches received as follows: $200,000 on February 11, 2015; $48,000 on February 13, 2015; $50,000 on April 13, 2015; $150,000 on July 31, 2015, $2,500 on October 20, 2015, $12,000 on October 29, 2015 and $15,000 on November 4, 2015; the note has a stated interest rate of 8%; with a maturity of 1 year from the date of the tranche. $ 477,500 $ 477,500 Less discount (-) (11,577) Totals $ 477,500 $ 465,923

SHAREHOLDERS' EQUITY (Tables)

SHAREHOLDERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Black-Scholes Pricing Model and Weighted Average Assumptions Used to Estimate Fair Value of Options	In determining the compensation cost of the stock awards granted during the six month period ended June 30, 2016 and the year ended December 31, 2015, the fair value of each grant had been estimated on the date of grant using the Black-Scholes pricing model and the weighted average assumptions used in these calculations are summarized below: 2016 2015 Risk-free interest rate — 0.084% - 2.08% Expected volatility factor — 185% - 305% Expected dividend — — Expected option term (years) — 3 - 7
Summary of Stock Options Activity	The following tables summarize information about the Company’s stock options: Number of Weighted Options outstanding - December 31, 2014 34,131,842 $ 0.99 Granted 17,500,000 .90 Canceled or expired (16,555,619) .92 Exercised - - Options outstanding - December 31, 2015 35,076,223 $ 0.99 Granted - - Canceled or expired (2,500,000) 0.88 Exercised - - Options outstanding –June 30, 2016 32,576,223 $ 0.98 Weighted average fair value of options granted during the period ended June 30, 2016 $ - Weighted average fair value of options granted during the year ended December 31, 2015 $ 0.90
Summary of Company's Nonvested Options	A summary of the Company’s non-vested options at June 30, 2016, and changes during the six months ended June 30, 2016, is presented below: Options Weighted Non-vested, beginning of period 1,149,850 $ 0.90 Granted - $ - Vested - $ - Forfeited 1,149,850 $ 0.88 Non-vested, end of period - $ -
Summary of Stock Options by Exercise Price Range	The following tables summarize information about stock options outstanding and exercisable at June 30, 2016: Options Outstanding at June 30, 2016 Range of Number Weighted Weighted Aggregate $0.40 to $0.60 5,276,223 4.4 years $ 0.46 $ - $0.61 to $1.00 9,800,000 4.3 years $ 0.67 $ - $1.01 to $1.50 14,500,000 4.3 years $ 1.25 $ - $1.51 to $2.25 3,000,000 4.8 years $ 1.63 $ - $0.40 to $2.25 32,576,223 4.4 years $ 0.98 $ - Options Exercisable at June 30, 2016 Range of Number Weighted Weighted Aggregate $0.40 to $0.60 5,276,223 4.4 years $ 0.46 $ - $0.61 to $1.00 9,800,000 4.3 years $ 0.67 $ - $1.01 to $1.50 14,500,000 4.3 years $ 1.25 $ - $1.51 to $2.25 3,000,000 4.8 years $ 1.63 $ - $0.40 to $2.25 32,576,223 4.8 years $ 0.98 $ - (1) The aggregate intrinsic value in the table represents the difference between the closing stock price on June 30, 2016 and the exercise price, multiplied by the number of in-the-money options that would have been received by the option holders had all option holders exercised their options on June 30, 2016.
Summary of Stock Warrants Outstanding	The following table summarizes information about the Company’s stock purchase warrants outstanding at June 30, 2016 and December 31, 2015: Number Weighted Range Weighted Outstanding at December 31, 2014 5,483,980 $ 0.79 $ 0.20 – 2.00 4.8 years Granted 400,000 $ 1.24 $ 1.23 – 1.25 Cancelled or expired (728,340) 0.50 0.50 Exercised (140,000) $ 0.89 $ 0.25 – 0.89 Outstanding at December 31, 2015 5,015,640 $ 0.88 $ 0.20 – 2.00 4.4 years Granted 1,260,000 $ 2.00 $ 0.30 – 1.25 Cancelled or expired - - - Exercised - $ - $ - Outstanding at June 30, 2016 6,275,640 $ 0.86 $ 0.20 – 2.00 5.1 years Warrants exercisable at June 30, 2016 6,425,640

Overview - Additional Informati

Overview - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Nature Of Business [Line Items]
Income (Loss) from operations before extraordinary items	$ (236,605)	$ (41,061,977)	$ (398,714)	$ (48,256,655)
Retained earnings (Accumulated Deficit)	102,035,894		102,035,894		$ 101,637,180
Working capital deficit	$ 9,088,172		9,088,172
Cash proceeds from short-term debt			0	$ 124,600
Convertible Promissory Notes Payable [Member]
Nature Of Business [Line Items]
Cash proceeds from short-term debt			$ 160,000

Shea Milling And Mining Asset25

Shea Milling And Mining Assets - Additional Information (Detail)	Oct. 10, 2013USD ($)shares	Oct. 09, 2012shares	Jun. 08, 2012shares	Feb. 10, 2012USD ($)	Feb. 09, 2012USD ($)	Mar. 15, 2011ashares	Dec. 06, 2012shares	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)shares	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Jan. 31, 2012USD ($)	Jun. 13, 2011USD ($)
Business Acquisition [Line Items]
Issuance of common stock for Shea Mining and Milling assets (in shares) | shares						35,000,000
Issuance of common stock (in shares) | shares										100,000
Monthly base rent													$ 92,011
Lease Liability					$ 112,500
Lease Termination Fee					$ 10,500
Reverse acquisition, ownership interest acquired (approximately 56% ownership interest on a fully diluted basis)										87.00%
Convertible notes, face amount								$ 477,500		$ 477,500		$ 477,500		$ 2,500,000
Impairment of Long-Lived Assets Held-for-use				$ 40,925
Business Acquisition Purchase Price Allocations Mineral Rights								24,888,252		24,888,252
Business Acquisition Purchase Price Allocations Plant								8,062,875		8,062,875
Business Acquisitions Purchase Price Allocation Other Assets								100,000		100,000
Impairment Of Shea Mining And Milling Assets								0	$ 33,051,127	0	$ 33,051,127
Investments and Other Noncurrent Assets								2,108,300		$ 2,108,300		$ 2,108,300
Pure Path
Business Acquisition [Line Items]
Issuance of common stock (in shares) | shares			5,000,000
Amargosa Property
Business Acquisition [Line Items]
Issuance of common stock (in shares) | shares										6,000,000
Monthly base rent								17,500		$ 17,500
Property assigned through a separate contract agreement, monthly fee										5,000
Settlement and Release Agreement [Member]
Business Acquisition [Line Items]
Convertible notes, face amount								2,500,000		2,500,000
Settlement and Release Agreement [Member] | Pure Path
Business Acquisition [Line Items]
Convertible notes, face amount	$ 1,933,345
Business Combination, Acquisition Related Costs	$ 1,500,000
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares	27,000,000
Debt Instrument, Interest Rate, Stated Percentage	8.00%
Debt Modifications
Business Acquisition [Line Items]
Assumption of NJB Mining mortgage								2,500,000		2,500,000
Assumption of accrued interest								375,645		$ 375,645
Debt Modifications | Tonopah Property
Business Acquisition [Line Items]
Area of land | a						1,186
Debt Modifications | Tonopah Property | Millers Tailings
Business Acquisition [Line Items]
Area of land | a						334
Estimated tons of tailings						2,200,000
Forbearance Agreement
Business Acquisition [Line Items]
Issuance of common stock (in shares) | shares		5,000,000
Forbearance Agreement | If the Amended and Restated Forbearance arrangements are not agreed to
Business Acquisition [Line Items]
Issuance of common stock (in shares) | shares							5,000,000
Shea Exchange Agreement
Business Acquisition [Line Items]
Issuance of common stock for Shea Mining and Milling assets (in shares) | shares										35,000,000
Issuance of common stock (in shares) | shares										10,000,000
Wits Basin common stock exchanged for preferred shares Wits Basin common stock exchanged for preferred shares (in shares) | shares										19,713,544
Shea Exchange Agreement | Non voting 5% Series A Preferred Stock
Business Acquisition [Line Items]
Preferred Stock, Liquidation Preference, Value								$ 10,000,000		$ 10,000,000

Purchase Consideration of Asset

Purchase Consideration of Assets Acquired (Detail)	1 Months Ended
	Mar. 31, 2011USD ($)
Business Acquisition [Line Items]
Issuance of 35,000,000 shares of common stock with an estimated fair value of $0.89 per share (closing sales price on March 15, 2011)	$ 31,150,000
Cash consideration	700,000
Assumption of NJB Mining mortgage	2,500,000
Assumption of accrued interest and other liabilities	463,184
Other direct expenses incurred in connection with the Shea Exchange Agreement	35,159,427
Other Expense
Business Acquisition [Line Items]
Legal costs (includes issuance of 100,000 shares of common stock valued at $89,000)	140,985
Professional Fees
Business Acquisition [Line Items]
Legal costs (includes issuance of 100,000 shares of common stock valued at $89,000)	$ 205,258

Purchase Consideration of Ass27

Purchase Consideration of Assets Acquired (Parenthetical) (Detail) - USD ($)	Mar. 15, 2011	Jun. 30, 2016
Business Acquisition [Line Items]
Issuance of common stock for Shea Mining and Milling assets (in shares)	35,000,000
Equity Issuances Per Share Amount	$ 0.89
Common stock issued, shares		100,000
Issuance of common stock		$ 89,000

Final Purchase Price Allocation

Final Purchase Price Allocation (Detail)	Jun. 30, 2016USD ($)
Schedule of Business Acquisitions, Purchase Price Allocation [Line Items]
Tonopah mine tailings	$ 24,888,252
Tonopah dormant milling facility	8,062,875
Tonopah land	1,760,000
Tonopah water rights	348,300
Manhattan mine dumps	100,000
Total	$ 35,159,427

Asset Held For Sale - Additiona

Asset Held For Sale - Additional Information (Detail) - USD ($)	1 Months Ended	6 Months Ended	12 Months Ended
	Feb. 23, 2016	Jun. 30, 2016	Dec. 31, 2015
Assets Held-for-sale, Long Lived, Fair Value Disclosure		$ 12,000
Assets Held-for-sale, Not Part of Disposal Group, Current, Total		12,000	$ 68,500
Payments to Employees		$ 37,821
Disposal Group, Held-for-sale, Not Discontinued Operations
Impairment of Long-Lived Assets to be Disposed of			1,023,772
Assets Held-for-sale, Long Lived, Fair Value Disclosure	$ 222,597		996,643
Assets Held-for-sale, Not Part of Disposal Group, Current, Total			$ 2,020,415
Proceeds from Sale of Property, Plant, and Equipment, Total	$ 56,500

Property, Plant and Equipment -

Property, Plant and Equipment - Additional Information (Detail)	Jun. 30, 2016ft²
Construction Contracts [Member]
Property, Plant and Equipment [Line Items]
Area of Land	21,875

Components of Property Plant an

Components of Property Plant and Equipment (Detail) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Equipment	$ 21,000	$ 21,000
Construction in Progress	1,775,224	1,775,224
Less accumulated depreciation	(21,000)	(21,000)
Net property, plant and equipment	$ 1,775,224	$ 1,775,224

Convertible Notes Payable - Add

Convertible Notes Payable - Additional Information (Detail) - USD ($)	Oct. 10, 2013	Jul. 22, 2016	Jun. 30, 2016	Jun. 30, 2015	Mar. 31, 2016
Debt Instrument [Line Items]
Proceeds from Secured Notes Payable			$ 0	$ 298,000
Debt Instrument, Annual Principal Payment	$ 1,933,345
Restricted Stock [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Debt Conversion, Converted Instrument, Shares Issued		4,879,067
Senior Secured Convertible Promissory Note
Debt Instrument [Line Items]
Proceeds from Secured Notes Payable	$ 2,500,000
Debt Instrument, Interest Rate, Stated Percentage	8.00%
Convertible Notes Payable
Debt Instrument [Line Items]
Convertible notes, payable amount			$ 160,000		$ 160,000
Debt Instrument, Interest Rate, Stated Percentage			8.00%	8.00%
Debt Instrument, Term			2 years
Convertible Notes Payable | Debt Conversion 1 [Member]
Debt Instrument [Line Items]
Debt Conversion, Original Debt, Amount			$ 55,000
Debt Instrument, Convertible, Conversion Price			$ 0.021
Convertible Notes Payable | Debt Conversion 2 [Member]
Debt Instrument [Line Items]
Debt Conversion, Original Debt, Amount			$ 30,000
Debt Instrument, Convertible, Conversion Price			$ 0.05
Convertible Notes Payable | Debt Conversion 3 [Member]
Debt Instrument [Line Items]
Debt Conversion, Original Debt, Amount			$ 75,000
Debt Instrument, Convertible, Conversion Price			$ 0.05

Company's remaining convertible

Company's remaining convertible promissory notes (convertible into common stock) (Detail) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Less current portion of Convertible Notes Payable	$ (175,000)	$ (175,000)
Convertible Notes Payable, Noncurrent	25,924	0
Convertible Notes Payable [Member]
Debt Instrument [Line Items]
Convertible notes net of unamortized discount	25,924	0
Convertible Debt [Member]
Debt Instrument [Line Items]
Convertible notes net of unamortized discount	$ 175,000	$ 175,000

Company's remaining convertib34

Company's remaining convertible promissory notes (convertible into common stock) (Parenthetical) (Detail) - USD ($)	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
Unamortized discount	$ 0	$ 11,577
Accrued interest	622,284	$ 530,103
Convertible Notes Payable
Debt Instrument [Line Items]
Unamortized discount	$ 134,076
Interest rate	8.00%		8.00%
Convertible Debt [Member]
Debt Instrument [Line Items]
Unamortized discount				$ 0
Interest rate					6.00%
Accrued interest					$ 36,665

Promissory Notes Payable - Re35

Promissory Notes Payable - Related Party - Additional Information (Detail) - Promissory Note	Feb. 11, 2015USD ($)$ / sharesshares
Debt Instrument [Line Items]
Warrants To Purchase Common Stock | shares	250,000
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 1.23
Common Stock Fair Value Disclosure | $	$ 116,560
Fair Value Assumptions, Exercise Price	$ 1.25
Fair Value Assumptions, Expected Term	7 years
Fair Value Assumptions, Expected Volatility Rate	75.00%
Fair Value Assumptions Discount Rate	1.83%

Company's notes payable related

Company's notes payable related party (Detail) - USD ($)	Jun. 30, 2016	Dec. 31, 2015	Jun. 13, 2011
Related Party Transaction [Line Items]
Promissory note issued on February 11, 2015, in the principal amount of up to $750,000 with tranches received as follows: $200,000 on February 11, 2015; $48,000 on February 13, 2015; $50,000 on April 13, 2015; $150,000 on July 31, 2015, $2,500 on October 20, 2015, $12,000 on October 29, 2015 and $15,000 on November 4, 2015; the note has a stated interest rate of 8%; with a maturity of 1 year from the date of the tranche.	$ 477,500	$ 477,500	$ 2,500,000
Less discount	0	(11,577)
Totals	$ 477,500	$ 465,923

Company's notes payable relat37

Company's notes payable related party (Detail) (Parenthetical) - Promissory Note - USD ($)	Nov. 04, 2015	Apr. 13, 2015	Feb. 11, 2015	Oct. 29, 2015	Oct. 20, 2015	Jul. 31, 2015	Feb. 13, 2015
Related Party Transaction [Line Items]
Notes Payable, Related Parties			$ 750,000
Proceeds from Issuance of Unsecured Debt	$ 15,000	$ 50,000	$ 200,000	$ 12,000	$ 2,500	$ 150,000	$ 48,000
Debt Instrument, Interest Rate, Stated Percentage			8.00%
Debt Instrument, Maturity Date, Description			maturity of 1 year from the date of the tranche

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) - USD ($)

Jun. 04, 2015

Oct. 15, 2013

Jan. 22, 2016

Jul. 21, 2015

Jun. 11, 2015

Apr. 24, 2015

Apr. 23, 2015

Mar. 02, 2015

Jan. 16, 2015

Jun. 18, 2014

Jan. 31, 2014

Jan. 27, 2014

Dec. 26, 2013

Jan. 21, 2011

Mar. 22, 2010

Jun. 30, 2016

Jun. 30, 2015

Dec. 31, 2015

Dec. 31, 2014

Apr. 01, 2014

Jul. 25, 2011

Mar. 15, 2011

Jan. 27, 2011

Stockholders Equity Note [Line Items]

Issuance of common stock (in shares)

100,000

Unrecognized share based compensation Expense

$ 0

Common Stock Shares Authorized

500,000,000

500,000,000

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

750,000

Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price

$ 0

$ 0.90

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number

250,000

Aggregate intrinsic value

$ 6,425,640

Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value

0

Stock Issued During Period, Shares, Share-based Compensation, Gross

500,000

7,000,000

Non Cash Gain Loss On Extinguishment Of Debt

$ 0

$ 11,764,548

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 0.75

$ 2.25

$ 0

0.9

Reduced Option Compensation

$ 318,270

Legal Advisor [Member]

Stockholders Equity Note [Line Items]

Stock Issued During Period, Shares, Share-based Compensation, Gross

250,000

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 1.67

President Of Tonopah Custom Processing, Inc. [Member]

Stockholders Equity Note [Line Items]

Stock Issued During Period, Shares, Share-based Compensation, Gross

750,000

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 1.67

Wits Basin Precious Minerals Inc [Member] | Exercise Price Range1 [Member]

Stockholders Equity Note [Line Items]

Warrants To Purchase Common Stock

630,000

Class of Warrant or Right, Exercise Price of Warrants or Rights

$ 0.70

Wits Basin Precious Minerals Inc [Member] | Exercise Price Range2 [Member]

Stockholders Equity Note [Line Items]

Warrants To Purchase Common Stock

630,000

Class of Warrant or Right, Exercise Price of Warrants or Rights

$ 0.30

Employee Stock Option

Stockholders Equity Note [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

2,250,000

Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price

$ 1.15

Description for options exercisable One

750,000 shall vest on the Date of Grant

Description for options exercisable two

187,500 shall vest on each of the following dates: April 1, 2015, July 1, 2015, October 1, 2015, January 1, 2016, April 1, 2016, July 1, 2016, October 1, 2016 and January 1, 2017

Share Based Compensation Arrangement By Share Based Payment Award Additional Shares Issued In Period

7,000,000

Share Based Compensation Arrangement By Share Based Payment Award Additional Shares exercise price

$ 1

Series A Preferred Stock

Stockholders Equity Note [Line Items]

Temporary Equity, Par or Stated Value Per Share

0.001

0.001

Board of Directors

Stockholders Equity Note [Line Items]

Issuance of common stock (in shares)

3,000,000

P5 LLC

Stockholders Equity Note [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

17,500,000

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit

$ 0.65

Servicer [Member]

Stockholders Equity Note [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

1,000,000

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 1.67

John Ryan [Member]

Stockholders Equity Note [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

2,500,000

Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price

$ 0.92

Description for options exercisable One

100,000 vested on the Date of Grant

Description for options exercisable two

150,000 vested on July 24, 2015

Description For Options Exercisable Three

250,000 shall vest on each of the following dates: October 24, 2015, January 24, 2016 and April 24, 2016

Description For Options Exercisable Four

750,000 shall vest on achievement of certain performance objectives of tonnage and gold ore concentrate

Description For Options Exercisable Five

750,000 shall vest on achievement of certain performance objectives based on earnings before interest, taxes, depreciation and amortization

Thomas Loucks [Member]

Stockholders Equity Note [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

2,500,000

Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price

$ 0.90

Description for options exercisable One

500,000 shall vest on the Date of Grant

Description for options exercisable two

500,000 shall vest on each of the following dates: December 4, 2015, June 4, 2016, December 4, 2016 and June 4, 2017

Bobby E Cooper [Member]

Stockholders Equity Note [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

2,500,000

Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price

$ 0.80

Description for options exercisable One

500,000 shall vest on the Date of Grant

Description for options exercisable two

500,000 shall vest on each of the following dates: December 11, 2015, June 11, 2016, December 11, 2016 and June 11, 2017.

2010 Stock Incentive Plan

Stockholders Equity Note [Line Items]

Issuance of common stock (in shares)

2,800,000

Stock Incentive Plan, shares available to be granted

10,500,000

Common Stock, Shares Subscribed but Unissued

200,000

Common Stock Shares Available On Pro-rata Basis

200,000

2014 Stock Option Plan

Stockholders Equity Note [Line Items]

Stock Incentive Plan, option expiration term

10 years

Common Stock Shares Authorized

75,000,000

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number

2,500,000

2,500,000

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options

7,500,000

2014 Stock Option Plan | EAS Advisors, LLC

Stockholders Equity Note [Line Items]

Issuance of common stock (in shares)

3,500,000

2,000,000

Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price

$ 0.65

$ 2.25

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number

1,500,000

1,000,000

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options

1,500,000

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit

$ 0.65

$ 1.25

Fair value of warrant

$ 1,398,584

Warrant

Stockholders Equity Note [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

40,000

100,000

Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price

$ 0.89

$ 0.89

Stock Issued During Period, Value, Stock Options Exercised

$ 35,600

$ 89,000

Minimum

Stockholders Equity Note [Line Items]

Class of Warrant or Right, Exercise Price of Warrants or Rights

$ 0.20

0.20

$ 0.20

Minimum | President Of Tonopah Custom Processing, Inc. [Member]

Stockholders Equity Note [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 0.75

Minimum | P5 LLC

Stockholders Equity Note [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number

7,500,000

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit

$ 0.65

Minimum | 2010 Stock Incentive Plan

Stockholders Equity Note [Line Items]

Stock Incentive Plan, shares available to be granted

13,500,000

3,000,000

Minimum | 2014 Stock Option Plan | EAS Advisors, LLC

Stockholders Equity Note [Line Items]

Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price

$ 1.25

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number

1,000,000

Maximum

Stockholders Equity Note [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

1,500,000

Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price

$ 1.25

Class of Warrant or Right, Exercise Price of Warrants or Rights

$ 2

Maximum | President Of Tonopah Custom Processing, Inc. [Member]

Stockholders Equity Note [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 1.67

Maximum | P5 LLC

Stockholders Equity Note [Line Items]

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options

10,000,000

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit

$ 1.25

Maximum | EAS Advisors, LLC

Stockholders Equity Note [Line Items]

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options

2,000,000

1,000,000

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit

$ 1.25

Maximum | 2010 Stock Incentive Plan

Stockholders Equity Note [Line Items]

Stock Incentive Plan, shares available to be granted

14,500,000

13,500,000

Maximum | 2014 Stock Option Plan

Stockholders Equity Note [Line Items]

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options

10,000,000

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit

$ 1.25

Shea Exchange Agreement

Stockholders Equity Note [Line Items]

Wits Basin common stock exchanged for preferred shares

19,713,544

Issuance of common stock (in shares)

10,000,000

Share Price

$ 1

Shea Exchange Agreement | 2010 Stock Incentive Plan

Stockholders Equity Note [Line Items]

Stock Incentive Plan, shares available to be granted

13,500,000

Jerry Hug

Stockholders Equity Note [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number

500,000

Jerry Hug | Maximum

Stockholders Equity Note [Line Items]

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options

2,000,000

1,000,000

Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit

$ 1.25

Black-Scholes Pricing Model and

Black-Scholes Pricing Model and Weighted Average Assumptions Used to Estimate Fair Value of Options (Detail)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	0.00%
Expected volatility factor	0.00%
Expected dividend	0.00%	0.00%
Expected option term (years)	0 years
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate		2.08%
Expected volatility factor		305.00%
Expected option term (years)		7 years
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate		0.084%
Expected volatility factor		185.00%
Expected option term (years)		3 years

Summary of Company's Stock Opti

Summary of Company's Stock Options (Detail) - $ / shares	1 Months Ended		6 Months Ended	12 Months Ended
	Jul. 21, 2015	Jan. 31, 2014	Jun. 30, 2016	Dec. 31, 2015
Number of Options
Options outstanding			35,076,223	34,131,842
Granted			0	17,500,000
Canceled or expired			(2,500,000)	(16,555,619)
Exercised			0	0
Options outstanding			32,576,223	35,076,223
Weighted Average Exercise Price
Options outstanding			$ 0.99	$ 0.99
Granted			0	0.90
Canceled or expired			0.88	0.92
Exercised			0	0
Options outstanding			0.98	0.99
Weighted average fair value of options granted during the period	$ 0.75	$ 2.25	$ 0	$ 0.9

Summary of Company's Nonvested

Summary of Company's Nonvested Options (Detail)	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Summary Of Company Nonvested Options [Line Items]
Non-vested, Options, beginning of period | shares	1,149,850
Granted, Options | shares	0
Vested, Options | shares	0
Forfeited, Options | shares	1,149,850
Non-vested, Options, end of period | shares	0
Non-vested, Weighted Average Grant Date Fair Value, beginning of period | $ / shares	$ 0.9
Granted, Weighted Average Grant Date Fair Value | $ / shares	0
Vested, Weighted Average Grant Date Fair Value | $ / shares	0
Forfeited, Weighted Average Grant Date Fair Value | $ / shares	0.88
Non-vested, Weighted Average Grant Date Fair Value, end of period | $ / shares	$ 0

Summary of Stock Options Outsta

Summary of Stock Options Outstanding and Exercisable (Detail)	6 Months Ended
	Jun. 30, 2016USD ($)$ / sharesshares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Aggregate Intrinsic Value, Exercisable	$ 0
$0.40 to $0.60
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of Options, Outstanding | shares	5,276,223
Weighted Remaining Contractual Life, Outstanding	4 years 4 months 24 days
Weighted Average Exercise Price, Outstanding | $ / shares	$ 0.46
Aggregate Intrinsic Value, Outstanding	$ 0	[1]
Number of Options, Exercisable | shares	5,276,223
Weighted Remaining Contractual Life, Exercisable	4 years 4 months 24 days
Weighted Average Exercise Price, Exercisable | $ / shares	$ 0.46
Aggregate Intrinsic Value, Exercisable	$ 0	[1]
$0.61 to $1.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of Options, Outstanding | shares	9,800,000
Weighted Remaining Contractual Life, Outstanding	4 years 3 months 18 days
Weighted Average Exercise Price, Outstanding | $ / shares	$ 0.67
Aggregate Intrinsic Value, Outstanding	$ 0	[1]
Number of Options, Exercisable | shares	9,800,000
Weighted Remaining Contractual Life, Exercisable	4 years 3 months 18 days
Weighted Average Exercise Price, Exercisable | $ / shares	$ 0.67
Aggregate Intrinsic Value, Exercisable	$ 0	[1]
$1.01 to $1.50
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of Options, Outstanding | shares	14,500,000
Weighted Remaining Contractual Life, Outstanding	4 years 3 months 18 days
Weighted Average Exercise Price, Outstanding | $ / shares	$ 1.25
Aggregate Intrinsic Value, Outstanding	$ 0	[1]
Number of Options, Exercisable | shares	14,500,000
Weighted Remaining Contractual Life, Exercisable	4 years 3 months 18 days
Weighted Average Exercise Price, Exercisable | $ / shares	$ 1.25
Aggregate Intrinsic Value, Exercisable	$ 0	[1]
$1.51 to $2.25
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of Options, Outstanding | shares	3,000,000
Weighted Remaining Contractual Life, Outstanding	4 years 3 months 18 days
Weighted Average Exercise Price, Outstanding | $ / shares	$ 1.63
Aggregate Intrinsic Value, Outstanding	$ 0	[1]
Number of Options, Exercisable | shares	3,000,000
Weighted Remaining Contractual Life, Exercisable	4 years 9 months 18 days
Weighted Average Exercise Price, Exercisable | $ / shares	$ 1.63
Aggregate Intrinsic Value, Exercisable	$ 0	[1]
$0.40 to $2.25
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of Options, Outstanding | shares	32,576,223
Weighted Remaining Contractual Life, Outstanding	4 years 4 months 24 days
Weighted Average Exercise Price, Outstanding | $ / shares	$ 0.98
Aggregate Intrinsic Value, Outstanding	$ 0	[1]
Number of Options, Exercisable | shares	32,576,223
Weighted Remaining Contractual Life, Exercisable	4 years 9 months 18 days
Weighted Average Exercise Price, Exercisable | $ / shares	$ 0.98
Aggregate Intrinsic Value, Exercisable	$ 0	[1]
[1]	The aggregate intrinsic value in the table represents the difference between the closing stock price on June 30, 2016 and the exercise price, multiplied by the number of in-the-money options that would have been received by the option holders had all option holders exercised their options on June 30, 2016.

Summary of Stock Warrants Outst

Summary of Stock Warrants Outstanding (Detail) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Class of Warrant or Right Outstanding
Beginning Balance	5,015,640	5,483,980
Granted	1,260,000	400,000
Cancelled or expired	0	(728,340)
Exercised	0	(140,000)
Ending Balance	6,275,640	5,015,640	5,483,980
Warrants exercisable	6,425,640
Class of Warrant or Right Outstanding, Weighted Average Exercise Price
Beginning Balance	$ 0.88	$ 0.79
Granted	2	1.24
Cancelled or expired	0	0.5
Exercised	0	0.89
Ending Balance	0.86	0.88	$ 0.79
Class of Warrant or Right Outstanding Exercise Price Range
Cancelled or expired	0.50	$ 0.5
Exercised	$ 0
Class of Warrant or Right Outstanding Weighted Average Remaining Contractual Life
Outstanding	5 years 1 month 6 days	4 years 4 months 24 days	4 years 9 months 18 days
Minimum
Class of Warrant or Right Outstanding, Weighted Average Exercise Price
Granted	$ 0.30
Class of Warrant or Right Outstanding Exercise Price Range
Begining Balance	0.20	$ 0.20
Granted		1.23
Exercised	0.25
Ending Balance	0.20	0.20	$ 0.20
Maximum
Class of Warrant or Right Outstanding, Weighted Average Exercise Price
Granted	1.25
Class of Warrant or Right Outstanding Exercise Price Range
Begining Balance	2
Granted		1.25
Exercised	$ 0.89
Ending Balance		$ 2

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)	1 Months Ended
	Aug. 28, 2015	Jun. 30, 2016	Dec. 31, 2015	Nov. 24, 2015
Commitments and Contingencies Disclosure [Line Items]
Loss Contingency, Accrual, Current		$ 2,581,000	$ 2,658,000
Stephen E. Flechner v. Standard Metals Processing, Inc. [Member]
Commitments and Contingencies Disclosure [Line Items]
Loss Contingency, Damages Awarded, Value	$ 2,157,000
Loss contingency, Interest Payable	235,246
Loss contingency, Interest Accrual Rate	$ 472.76
Loss Contingency, Accrual, Current				$ 450,000
Loss Contingency Accrual, Ending Balance				$ 250,000

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)

Nov. 04, 2015

Apr. 13, 2015

Feb. 11, 2015

Feb. 04, 2015

Oct. 10, 2013

Oct. 29, 2015

Oct. 20, 2015

Jul. 31, 2015

Feb. 13, 2015

Jun. 30, 2016

Dec. 31, 2015

Jun. 13, 2011

Related Party Transaction [Line Items]

Debt instrument, face amount

$ 477,500

$ 477,500

$ 2,500,000

Common stock issued, shares

100,000

Stock Issued During Period, Value, New Issues

$ 89,000

Settlement liabilities

$ 1,500,000

Consultancy Fee

Related Party Transaction [Line Items]

Related Party Transaction, Amounts of Transaction

1,150,000

Tina Gregerson Director

Related Party Transaction [Line Items]

Convertible notes, interest rate

8.00%

Debt instrument, face amount

$ 750,000

common stock shares issuable upon exercise of warrants

250,000

Debt conversion converted instrument principal amount

$ 15,000

$ 50,000

$ 200,000

$ 12,000

$ 2,500

$ 150,000

$ 48,000

Common shares issuable upon exercise price of warrants or rights

$ 1.23

Pure Path Management Company

Related Party Transaction [Line Items]

Debt instrument, face amount

$ 2,500,000

Debt conversion, converted instrument, amount

$ 54,590

Common stock issued, shares

27,000,000

Equity Method Investment, Ownership Percentage

19.80%

Due to Related Parties, Total

$ 1,500,000

Stock Issued During Period, Value, New Issues

$ 1,933,345

Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate

8.00%

Pure Path Capital Management Company LLC

Related Party Transaction [Line Items]

Common stock issued, shares

27,000,000

Earnings (Loss) Per Share - Add

Earnings (Loss) Per Share - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2016shares
Convertible Debt Securities [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of EPS	4,719,048
Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of EPS	32,576,223
Warrant
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of EPS	6,425,640

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($)	1 Months Ended
	Aug. 01, 2016	Jul. 29, 2016	Jul. 22, 2016	Jun. 30, 2016	Dec. 31, 2015
Subsequent Event [Line Items]
Average Market Capitalization		$ 200,000,000
Preferred Stock, Value, Issued				$ 0	$ 0
Subsequent Event | Series A Preferred Stock
Subsequent Event [Line Items]
Preferred Stock, Redemption Amount		$ 10,000,000
Subsequent Event | Restricted Stock [Member]
Subsequent Event [Line Items]
Debt Conversion, Converted Instrument, Shares Issued			4,879,067
Subsequent Event | Restricted Stock [Member] | Convertible Debt [Member]
Subsequent Event [Line Items]
Debt Conversion, Original Debt, Amount			$ 160,000
Debt Conversion, Converted Instrument, Shares Issued			4,879,067
Subsequent Event | Common Stock [Member]
Subsequent Event [Line Items]
Shares Issued, Price Per Share		$ 3
Conversion of Stock, Shares Issued		5,000,000
Subsequent Event | Common Stock [Member] | Convertible Debt [Member]
Subsequent Event [Line Items]
Debt Conversion, Converted Instrument, Amount	$ 60,000
Debt Instrument, Interest Rate, Stated Percentage	8.00%
Debt Instrument, Convertible, Conversion Price	$ 0.06
Debt Instrument, Term	2 years
Subsequent Event | Preferred Stock [Member]
Subsequent Event [Line Items]
Proceeds from Issuance of Preferred Stock and Preference Stock		$ 10,000,000
Conversion of Stock, Shares Converted		10,000,000
Common Stock, Value, Outstanding		$ 200,000,000
Increase in Carrying Amount of Redeemable Preferred Stock		10,100,000
Preferred Stock, Value, Issued		$ 10,000,000