Applied Minerals (AMNL) 10-Q 11 May 15 2015 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 31, 2015	Apr. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Applied Minerals, Inc.
Document Type	10-Q
Current Fiscal Year End Date	-19
Entity Common Stock, Shares Outstanding		95,484,257
Amendment Flag	FALSE
Entity Central Index Key	8328
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents	$7,731,293	$10,701,666
Accounts receivable	144,270	112,831
Deposits and prepaid expenses	252,510	289,644
Total Current Assets	8,128,073	11,104,141
Property and Equipment, net	6,729,652	7,055,874
Other Assets
Deferred Financing Costs	26,875	28,750
Deposits	268,992	268,937
Total Other Assets	295,867	297,687
TOTAL ASSETS	15,153,592	18,457,702
Current Liabilities
Accounts payable and accrued liabilities	2,491,508	2,608,364
Current portion of notes payable	142,417	246,894
Total Current Liabilities	2,633,925	2,855,258
Long-Term Liabilities
Long-term portion of notes payable	50,064	59,145
PIK notes payable, net of $18,195,280 and $18,400,297 debt discount, respectively	13,808,269	13,024,439
Total Liabilities	26,647,011	25,974,467
Commitments and Contingencies (Note 10)
Stockholders’ Deficit
Preferred stock, $0.001 par value, 10,000,000 shares authorized, none issued and outstanding	0	0
Common stock, $0.001 par value, 200,000,000 shares authorized, 95,200,047 and 95,054,552 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively	95,201	95,055
Additional paid-in capital	64,744,134	64,526,469
Accumulated deficit prior to the exploration stage	-20,009,496	-20,009,496
Accumulated deficit during the exploration stage	-56,323,258	-52,128,793
Total Stockholders’ Deficit	-11,493,419	-7,516,765
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	15,153,592	18,457,702
PIK Note Derivative Liability [Member]
Long-Term Liabilities
PIK Note derivatives	10,154,753	10,035,625
Total Long-Term Liabilities	$24,013,086	$23,119,209

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Debt Discount (in Dollars)	$18,195,280	$18,400,297
Preferred stock, Par value (in Dollars per share)	$0.00	$0.00
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common stock, par value (in Dollars per share)	$0.00	$0.00
Common stock,shares authorized	200,000,000	200,000,000
Common stock, shares issued	95,200,047	95,054,552
Common stock,shares outstanding	95,200,047	95,054,552

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
REVENUES	$162,747	$11,014
OPERATING EXPENSES:
Production costs	2,235	3,749
Exploration costs	1,327,281	1,197,156
General and administrative	1,182,309	1,254,016
Depreciation expense	326,222	108,386
Total Operating Expenses	2,838,047	2,563,307
Operating Loss	-2,675,300	-2,552,293
OTHER INCOME (EXPENSE):
Interest expense, net, including amortization of deferred financing cost and debt discount	-1,028,627	-300,167
Gain on revaluation of derivatives		114,000
Other expense	-397,797	-60,265
Gain on revaluation of stock awards		38,000
Total Other Income (Expense)	-1,519,165	2,195,068
Net loss	-4,194,465	-357,225
Net Loss Per Share (Basic and Diluted) (in Dollars per share)	($0.04)	$0
Weighted Average Shares Outstanding (Basic and Diluted) (in Shares)	95,107,112	94,692,696
Warrant Derivative Liability [Member]
OTHER INCOME (EXPENSE):
Gain on revaluation of derivatives		725,000
PIK Note Derivative Liability [Member]
OTHER INCOME (EXPENSE):
Gain on revaluation of derivatives	($92,741)	$1,792,500

Condensed_Consolidated_Stateme1

Condensed Consolidated Statement of Stockholders' Equity (Deficiency) (Unaudited) (USD $)	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit Prior to Exploration Stage [Member]	Accumulated Deficit During Exploration Stage [Member]	Total
Balance, Amount at Dec. 31, 2014	$95,055	$64,526,469	($20,009,496)	($52,128,793)	($7,516,765)
Balance, Shares (in Shares) at Dec. 31, 2014	95,054,552
Shares issued for directors fees and other services	145	117,728			117,873
Shares issued for directors fees and other services (in Shares)	145,495
Stock-based compensation expense for consultants and directors		99,938			99,938
Net Loss				-4,194,465	-4,194,465
Balance, Amount at Mar. 31, 2015	$95,200	$64,744,135	($20,009,496)	($56,323,258)	($11,493,419)
Balance, Shares (in Shares) at Mar. 31, 2015	95,200,047

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Cash Flows From Operating Activities:
Net loss	($4,194,465)	($357,225)
Depreciation	326,222	108,386
Amortization of discount – PIK Notes	231,404	26,331
Amortization of deferred financing costs	1,875
Issuance of PIK Notes in payment of interest	578,813	525,000
Stock issued for director fees and other services	117,873	110,914
Stock-based compensation expense for consultants and directors	99,938	214,850
Gain on revaluation of stock warrant derivative		-725,000
(Gain) loss on revaluation of PIK Note derivative	92,741	-1,792,500
Gain on revaluation of stock awards		-38,000
(Increase) Decrease in:
Accounts receivable	-31,439	-5,188
Deposits and prepaids	37,079	85,196
Increase (Decrease) in:
Accounts payable and accrued liabilities	-116,856	-528,614
Net cash used in operating activities	-2,856,815	-2,375,850
Cash Flows From Investing Activities:
Purchases of property and equipment		-18,539
Construction-in-progress		-297,169
Net cash used in investing activities		-315,708
Cash Flows From Financing Activities:
Payments on notes payable	-113,558	-122,898
Net cash used in financing activities	-113,558	-122,898
Net change in cash and cash equivalents	-2,970,373	-2,814,456
Cash and cash equivalents at beginning of period	10,701,666	8,685,552
Cash and cash equivalents at end of period	7,731,293	5,871,096
Cash Paid For:
Interest	4,198	3,745
Income Taxes		1,403
Supplemental Disclosure of Non-Cash Investing and Financing Activities:
Reclassification of construction in progress to buildings		2,405,648
Reclassification of construction in progress to milling equipment		1,857,727
Reclassification of construction in progress to lab equipment		96,077
Construction-in-progress in accounts payable		$120,000

Note_1_Basis_of_Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Mar. 31, 2015
Disclosure Text Block [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	NOTE 1 – BASIS OF PRESENTATION
	In the opinion of management, the accompanying unaudited, condensed, consolidated financial statements contain all adjustments necessary to present fairly the financial position of Applied Minerals, Inc. ("Applied Minerals" or "the Company" or "we") and its results of operations and cash flows for the interim periods presented. Such financial statements have been condensed in accordance with the applicable regulations of the Securities and Exchange Commission and, therefore, do not include all disclosures required by accounting principles generally accepted in the United States of America. These financial statements should be read in conjunction with the Company's audited financial statements for the year ended December 31, 2014, included in the Company's Annual Report filed on Form 10-K for such year. The results of operations for the three months ended March 31, 2015 are not necessarily indicative of the results to be expected for the entire year.

Note_2_Organization_and_Descri

Note 2 - Organization and Description of Business	3 Months Ended
	Mar. 31, 2015
Disclosure Text Block [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 2 – ORGANIZATION AND DESCRIPTION OF BUSINESS
	Applied Minerals, Inc. (the “Company”) is the owner of the Dragon Mine located in the Tintic Mining District of the State of Utah from where it produces halloysite clay and iron oxide. The Company is currently in various phases of commercial scale trials with several organizations in various markets with respect to uses of its products.
	Applied Minerals is a publicly traded company incorporated in the state of Delaware. The common stock trades on the OTC Bulletin Board under the symbol AMNL.

Note_3_Liquidity

Note 3 - Liquidity	3 Months Ended
	Mar. 31, 2015
Liquidity [Abstract]
Liquidity [Text Block]	NOTE 3 – LIQUIDITY
	The Company has a history of recurring losses from operations and use of cash in operating activities. For the three months ended March 31, 2015, the Company's net loss was $4,194,465 and cash used in operating activities was $2,856,815. As of March 31, 2015, the Company had working capital of $5,494,148, which will not be sufficient to support its current operations for the next twelve months based on its business plan without obtaining additional financing. Collectively, these factors raise substantial doubt about the Company’s ability to continue as a going concern.
	Besides continuing its strategic business plan on generating revenue, the Company intends to explore various strategic alternatives, including the sale of equity, debt or the disposal of certain non-core assets to raise additional capital. ln November 2014, the Company raised $12.5 million in capital financing through the issuance of PIK Notes. During 2013, the Company raised gross proceeds of $16,060,000 pursuant to the sale of common stock and issuance of convertible PIK Notes. Management can also take steps to reduce the Company's future operating expenses as needed. However, the Company cannot provide any assurance that it will be able to raise additional capital as needed.  The condensed consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result should the Company be unable to continue as a going concern.

Note_4_Summary_of_Significant_

Note 4 - Summary of Significant Accounting Policies

3 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

NOTE 4– SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Exploration-Stage Company

Effective January 1, 2009, due to the shutdown of our contract mining business, we were, and still are, classified as an exploration company as the existence of proven or probable reserves has not been demonstrated and no significant revenue has been earned from the mine. Under the SEC’s Industry Guide 7, a mining company is considered an exploration stage company until it has declared mineral reserves determined in accordance with the guide and staff interpretations thereof.

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of Applied Minerals, Inc. and its inactive subsidiary in northern Idaho.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. In these condensed consolidated financial statements, the warrant and PIK note derivative liability, stock compensation and impairment of long-lived assets involve extensive reliance on management’s estimates. Actual results could differ from those estimates.

Cash and Cash Equivalents

Cash and cash equivalents include all highly liquid investments with a term of three months or less. The Company minimizes its credit risk by investing its cash and cash equivalents, which sometimes exceeds FDIC limits, with major financial institutions located in the United States with a high credit rating.

Receivables

Trade receivables are reported at outstanding principal amounts, net of an allowance for doubtful accounts. Management evaluates the collectability of receivable account balances to determine the allowance, if any. Management considers the other party’s credit risk and financial condition, as well as current and projected economic and market conditions, in determining the amount of the allowance. Receivable balances are written off when management determines that the balance is uncollectable.

Property and Equipment

Property and equipment are carried at cost less accumulated depreciation. Depreciation and amortization is computed on the straight-line method over the estimated useful lives of the assets, or the life of the lease, whichever is shorter, as follows:

Estimated Useful Life (years)

Building and Building Improvements

5 – 40

Mining equipment

2 – 7

Office and shop furniture and equipment

3 – 7

Vehicles

5

During the fourth quarter of 2014, the Company started using a five-year depreciation schedule with respect to its new processing plant that was commissioned in 2014.  The five-year depreciation schedule is a change from the 40 years utilized for the building and 7 years utilized for the equipment relating to the new processing plant in the quarterly financial statements for the quarters ended March 31, June 30 and September 30, 2014.  This change in useful life resulted in $587,427 of additional depreciation expense, which was recorded during the fourth quarter of 2014.  The impact of the change in the depreciation schedule would not have had a material impact on the consolidated financial statements for the three quarters previously reported on Form 10-Q.

Depreciation expense for the three months ended March 31, 2015 and 2014 totaled $326,222 and $108,386, respectively. The Company currently does not capitalize any amounts related to proven or probable reserves and therefore does not have any depletion expense.

Fair Value

ASC Topic 820, Fair Value Measurement and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. This topic also establishes a fair value hierarchy, which requires classification based on observable and unobservable inputs when measuring fair value. The fair value hierarchy distinguishes between assumptions based on market data (observable inputs) and an entity’s own assumptions (unobservable inputs). The hierarchy consists of three levels:

●

Level 1 – Quoted prices in active markets for identical assets and liabilities;

●

Level 2 – Inputs other than level one inputs that are either directly or indirectly observable; and

●

Level 3 – Unobservable inputs developed using estimates and assumptions, which are developed by the reporting entity and reflect those assumptions that a market participant would use.

Liabilities measured at fair value on a recurring basis are summarized as follows:

Fair value measurement using inputs

Carrying amount

Level 1

Level 2

Level 3

March 31,

December 31,

2015

2014 (a)

Financial instruments:

Series 2023 PIK Note Derivative

$

554,128

$

554,128

$

478,149

Series A PIK Note Derivative

$

9,600,625

$

9,600,625

$

9,557,476

The following table summarizes the activity for financial instruments at fair value using Level 3 inputs:

Balance at December 31, 2014

$

10,035,625

Issuance of additional Series 2023 PIK Note

26,387

Net unrealized loss

92,741

Balance at March 31, 2015

$

10,154,753

(a)

In the course of preparing its financial statements for the year ended December 31, 2014, the Company reclassified the Series 2023 PIK note derivative to Level 3 fair value hierarchy to match with the Series A PIK note derivative since it based off of a similar model.

The recorded value of certain financial assets and liabilities, which consist primarily of cash and cash equivalents, receivables, other current assets, and accounts payable and accrued expenses approximates the fair value at March 31, 2015 and December 31, 2014 based upon the short-term nature of the assets and liabilities. Based on borrowing rates currently available to the Company for loans with similar terms, and the remaining short term period outstanding, the carrying value of notes payable other than PIK notes materially approximates fair value. Estimated fair value of the PIK Notes Payable approximate $27,870,828 and $27,488,811, respectively, at March 31, 2015 and December 31, 2014.

For the Company's warrant and PIK note derivative liabilities, Level 3 fair value hierarchy was estimated using a Monte Carlo Model using the following assumptions:

Series 2023 PIK Note derivative liability

Fair Value Measurements

Using Inputs

March 31,

December 31,

2015

2014

Market price and estimated fair value of stock

$

0.7

$

0.73

Exercise price

$

1.36

$

1.36

Term (years)

8.33

8.58

Dividend yield

$

--

$

--

Expected volatility

60.9

%

52

%

Risk-free interest rate

1.81

%

2.08

%

Series A PIK Note derivative liability

Fair Value Measurements

Using Inputs

March 31,

December 31,

2015

2014

Market price and estimated fair value of stock

$

0.7

$

0.73

Exercise price

$

0.92

$

0.92

Term (years)

3.58

3.83

Dividend yield

$

--

$

--

Expected volatility

60.9

%

52

%

Risk-free interest rate

1.81

%

2.08

%

Impairment of Long-lived Assets

The Company periodically reviews the carrying amounts of long-lived assets to determine whether current events or circumstances warrant adjustment to such carrying amounts. Long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. When such events occur, the Company compares the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset to its carrying amount.

If this comparison indicates impairment, the amount of the impairment is typically calculated using discounted expected future cash flows where observable fair values are not readily determinable. Considerable management judgment is necessary to estimate the fair value of assets. Assets to be disposed of are carried at the lower of their financial statement carrying amount or fair value, less cost to sell.

Revenue Recognition

Revenue includes sales of halloysite clay and, commencing in June 2013, iron oxide, and is recognized when title passes to the buyer and when collectability is reasonably assured. Title passes to the buyer based on terms of the sales contract. Product pricing is determined based on related contractual arrangements with the Company’s customers.

Mining Exploration and Development Costs

Land and mining property are carried at cost. The Company expenses prospecting and mining exploration costs. At the point when a property is determined to have proven and probable reserves, subsequent development costs will be capitalized and will be charged to operations using the units-of-production method over proven and probable reserves. Upon abandonment or sale of a mineral property, all capitalized costs relating to the specific property are written off in the period abandoned or sold and a gain or loss is recognized.

Income taxes

The Company uses an asset and liability approach which results in the recognition of deferred tax liabilities and assets for the expected future tax consequences or benefits of temporary differences between the financial reporting basis and the tax basis of assets and liabilities, as well as operating loss and tax credit carry forwards, using enacted tax rates in effect in the years in which the differences are expected to reverse. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of its deferred tax assets will not be realized. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. A valuation allowance has been provided for the portion of the Company’s net deferred tax assets for which it is more likely than not that they will not be realized.

The Company is subject to U.S. federal income tax as well as income tax of certain state jurisdictions. Federal income tax returns subsequent to 2009 are subject to examination by major tax jurisdictions. The Company’s practice is to recognize interest and/or penalties related to income tax matters in income tax expense.

The Company follows the provision of ASC Topic 740-10, “Income Taxes”, relating to recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken, or expected to be taken, in a tax return. It also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods and requires increased disclosures. This guidance provides that the tax effects from an uncertain tax position can be recognized in our financial statements, only if the position is more likely than not of being sustained on audit, based on the technical merits of the position. As of March 31, 2015, no amounts are included in the financial statements for unrecognized tax benefits.

Stock Options and Warrants

The Company follows ASC 718 (Stock Compensation) and 505-50 (Equity-Based Payments to Non-employees), which provide guidance in accounting for share-based awards exchanged for services rendered and requires companies to expense the estimated fair value of these awards over the requisite service period.

Per share data

Loss per share for the three months ended March 31, 2015 and 2014, respectively, is calculated based on 95,107,112 and 94,692,696 weighted average outstanding shares of common stock.

At March 31, 2015 and 2014, respectively, the Company had outstanding options and warrants to purchase 18,626,046 and 22,083,046 shares of Company common stock, and had notes payable which were convertible into 30,086,390 and 8,106,618 shares, respectively, of the Company common stock, none of which were included in the diluted computation as their effect would be anti-dilutive.

Environmental Matters

Expenditures for ongoing compliance with environmental regulations that relate to current operations are expensed or capitalized as appropriate.  Expenditures resulting from the remediation of existing conditions caused by past operations that do not contribute to future revenue generations are expensed.  Liabilities are recognized when environmental assessments indicate that remediation efforts are probable and the costs can be reasonably estimated.

Estimates of such liabilities are based upon currently available facts, existing technology and presently enacted laws and regulations taking into consideration the likely effects of inflation and other societal and economic factors, and include estimates of associated legal costs.  These amounts also reflect prior experience in remediating contaminated sites, other companies’ clean-up experience and data released by The Environmental Protection Agency or other organizations.  Such estimates are by their nature imprecise and can be expected to be revised over time because of changes in government regulations, operations, technology and inflation.  Recoveries are evaluated separately from the liability and, when recovery is assured, the Company records and reports an asset separately from the associated liability.

Based upon management’s current assessment of its environmental responsibilities, the Company cannot reasonably estimate any reclamation or remediation liability that may occur in the future, if any.

Recent Accounting Pronouncements

In May 2014, the FASB issued ASU 2014-09 Revenue from Contracts with Customers. The amendments in ASU 2014-09 affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (e.g., insurance contracts or lease contracts). This ASU will supersede the revenue recognition requirements in Topic 605 Revenue Recognition, and most industry-specific guidance, and creates a Topic 606 Revenue from Contracts with Customers.

The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps:

Step 1: Identify the contract(s) with a customer.

Step 2: Identify the performance obligations in the contract.

Step 3: Determine the transaction price.

Step 4: Allocate the transaction price to the performance obligations in the contract.

Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.

ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. In April 2015, the FASB proposed a deferral of the effective date of this ASU by one year, but permits entities to adopt one year earlier if they choose. The proposal to defer the effective date is currently not approved.The Company is currently evaluating these new requirements to determine the method of implementation and any resulting estimated effects on the consolidated financial statements.

In April 2015, the FASB issued an ASU which requires that debt issuance costs be presented in the balance sheet as a direct reduction to the carrying amount of the associated debt liability, consistent with debt discounts. Currently debt issuance costs are recognized as an asset. The ASU is effective for the Company in the first quarter of 2016 and is required to be applied retrospectively. Early adoption is permitted. The Company does not expect the adoption of this standard to have a material impact on its results of operations, financial position, and cash flows.

Note_5_Income_Taxes

Note 5 - Income Taxes	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 5 - INCOME TAX
	Income tax provisions or benefits for interim periods are computed based on the Company's estimated annual effective tax rate. Based on the Company's historical losses and its expectation of the continuation of losses for the foreseeable future, the Company has determined that it is more likely than not that deferred tax assets will not be realized and, accordingly, has provided a full valuation allowance as of March 31, 2015 and December 31, 2014.

Note_6_Notes_Payable

Note 6 - Notes Payable	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 6 - NOTES PAYABLE
	Notes payable at March 31, 2015 and December 31, 2014 consist of the following:
			March 31,			December 31,
			2015			2014
	Note payable for mining equipment, payable $1,339 monthly, including interest (a)		$	52,414		$	55,720
	Note payable for mining equipment, payable $950 monthly, including interest (b)			11,579			14,057
	Note payable for mining equipment, payable $6,060 monthly, including interest (c)			--			6,033
	Note payable for lab equipment, payable $9,122 monthly, including interest (d)			----			18,246
	Note payable for mine site vehicle, payable $628 monthly (e)			18,851			20,736
	Note payable to an insurance company, payable $21,531monthly, including interest (f)			85,422			149,036
	Note payable to an insurance company, payable $6,094 monthly, including interest (g)			24,215			42,211
				192,481			306,039
	Less: Current Portion			(142,417	)		(246,894	)
	Notes Payable, Long-Term Portion		$	50,064		$	59,145
		(a)	On October 31,2014, the Company purchased mining equipment for $57,900 by issuing a note with an interest rate of 5.2%. The note is collateralized by the mining equipment with payments of $1,339 for 48 months, which started on November 30,2014.
		(b)	On April 17, 2012, the Company purchased mining equipment for $40,565 by issuing a note with an effective interest rate of 11.279%. The note is collateralized by the mining equipment with payments of $950 for 48 months, which started on May 1, 2012.
		(c)	On July 23, 2012, the Company purchased mining equipment for $169,500 by issuing a note with an interest rate of 5.5%. The note is collateralized by the mining equipment with payments of $6,060 for 30 months, which started on August 25, 2012.
		(d)	On April 16, 2014, the Company purchased lab equipment for $109,493 by depositing and issuing a non-interest bearing note in the amount of $91,229. The note is collateralized by the lab equipment with payments of $9,122 for ten months, which started in May 2014.
		(e)	On September 20, 2012, the Company purchased a vehicle for the mine site for $37,701 by issuing a non-interest bearing note. The note is collateralized by the vehicle with payments of $628 for 60 months, which started on October 20, 2012.
		(f)	The Company signed a note payable with an insurance company dated October 31, 2014 for directors’ and officers’ insurance, due in monthly installments, including interest at 3.15%. The note will mature on July 2015.
		(g)	The Company signed a note payable with an insurance company dated October 31, 2014 for liability insurance, due in monthly installments, including interest at 3.15%. The note will mature on July 2015.
	The following is a schedule of the principal maturities on these notes for the next four years:
	April 2015 – March 2016		$	142,417
	April 2016 – March 2017			21,929
	April 2017 – March 2018			18,925
	April 2018 – March 2019			9,210
	Total Notes Payable		$	192,481
	During the three months ended March 31, 2015 and 2014, the Company's interest payments totaled $4,178 and $3,745, respectively.

Note_7_Convertible_Debt_PIK_No

Note 7 - Convertible Debt (PIK Notes)	3 Months Ended
	Mar. 31, 2015
Convertible Debt [Abstract]
Convertible Debt [Text Block]	NOTE 7 – CONVERTIBLE DEBT (PIK NOTES)
	The Company raised $23 million of financing through the issuance of two series of Paid-In-Kind (“PIK”)-Election Convertible Notes in 2013 and 2014, with key terms highlighted in the table below:
	Key Terms		Series 2023 Notes			Series A Notes
	Issuance Date		5-Aug-13			3-Nov-14
	Cash Received		$	10,500,000		$	12,500,000
	Principal (Initial Liability)		$	10,500,000		$	19,848,486
	Original Issue Discount (OID)		N/A			$	7,348,486
	Maturity (Term)		10 years, but convertible after 1 year based on the market price of the Company’s stock			4 years, but may range between 2 years to the full maturity of the Series 2023 Notes, depending on whether a Specified Event occurs and/or an Extension Option is elected (see below for further details)
	Exercise Price		$1.40 at inception, adjusted downward based on antidilution provisions/downround protection			$0.92 at inception, adjusted downward based on antidilution provisions; also may be reduced by $0.10 if Extension Option is elected (see below)
	Stated Interest		10% per annum, due semiannually			10% per annum, due semiannually, may be reduced to 1% if Specified Event (see below) occurs
	Derivative Liability		$2,055,000 established at inception due to existence of antidilution provisions; revalued every quarter using Monte Carlo model			$9,212,285 established at inception due to existence of antidilution provisions; revalued every quarter using Monte Carlo model
	As of 03/31/2015, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table:
	(in $$)		Series 2023 Notes			Series A Notes			Total
	PIK Note Payable, Gross			12,155,063			19,848,486			32,003,549
	Less: Discount			(1,944,922	)		(16,250,358	)		(18,195,280	)
	PIK Note Payable, Net			10,210,141			3,598,128			13,808,269
	PIK Note Derivative Liability			554,128			9,600,625			10,154,753
	As of 12/31/2014, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table:
	(in $$)		Series 2023 Notes			Series A Notes			Total
	PIK Note Payable, Gross			11,576,250			19,848,486			31,424,736
	Less: Discount			(1,949,555	)		(16,450,742	)		(18,400,297	)
	PIK Note Payable, Net			9,626,695			3,397,744			13,024,439
	PIK Note Derivative Liability			478,149			9,557,476			10,035,625
	Series A Notes
	On November 3, 2014 (“Issue Date”), the Company issued, in a private placement pursuant to investment agreements, $19,848,486 principal amount of 10% PIK-Election Convertible Notes due 2018 ("Series A Notes") in exchange for $12,500,000 in cash and the cancellation of previously-issued warrants held by one investor.
	Below are key terms of the Series A Notes:
		o	Maturity- November 3, 2018, provided that the Stated Maturity Date may be extended to November 3, 2019 at the option of the Company (the “Extension Option”) if (i) the Company has delivered written notice of its exercise of the Extension Option to the Holder not more than ninety (90) nor less than thirty (30) days prior to November 3, 2018 and (ii) the Company has delivered a certificate, dated as of November 3, 2018, certifying that no Default or Event of Default has occurred and is continuing; provided, further that the Stated Maturity Date shall be extended to the maturity date of the Series 2023 Notes or any Replacement Financing, as applicable, upon the occurrence of a Specified Event (“Specified Extension”).
		o	Exercise Price- initially $0.92 per share and will be (i) adjusted from time to time pursuant antidilution provisions and (ii) reduced by $0.10 per share if the Company elects to exercise its Extension Option.
		o	Stated Interest: 10% payable semiannually in arrears, provided that the interest rate shall be reduced to 1% per annum on the principal amount of the Note upon the occurrence of the Specified Event, as defined below.
		o	Specified Event- means the event that may occur after the second anniversary of the Issuer Date if: (i) any amounts under the Series 2023 Notes or any Replacement Financing are outstanding, (ii) the VWAP for the preceding 30 consecutive Trading Days as determined by the Board of Directors of the Issuer in good faith is in excess of the Exercise Price, (iii) the closing Market Price of the Common Stock is in excess of the Exercise Price on the date immediately preceding the date on which the Specified Event occurs, (iv) no Default or Event of Default has occurred and is continuing and (v) the Issuer has delivered a certificate to each holder of Series A Notes certifying that the conditions set forth in clauses (i) through (iv) above have been met.
		o	Extension Option- If stock price is lower than current exercise price ($0.92) prior to the stated maturity (November 3, 2018), then the Company can elect an Extension Option, whereby the maturity is extended by one year (see Maturity definition), but with a reduction in exercise price by $0.10.
		o	Liquidated Damages- The company is required to pay the noteholders 1% of the principal amount of the Series A Notes if a Registration statement is not filed and effective within 90 days of the inception date (and further damages for every 30 days thereafter). The Company has accrued $595,455 as Other Expense as of March 31, 2015 due to a delay in such filing.
		o	The number of shares issuable under the Notes may be affected by the antidilution provisions of the Notes. The antidilution provisions adjust the Exercise Price of the Notes in the event of stock dividends and splits, issuance below the market price of the Common Stock, issuances below the conversion price of the Notes, pro rata distribution of assets, rights plans, tender offers, and exchange offers.
	These Series A Notes were not issued with the intent of effectively hedging any future cash flow, fair value of any asset, liability or any net investment in a foreign operation. In addition to the customary antidilution provisions the notes contain a down-round provision whereby the conversion price would be adjusted downward in the event that additional shares of the Company’s common stock or securities exercisable, convertible or exchangeable for the Company’s common stock were issued for cash consideration (e.g. a capital raise) at a price less than the conversion price. Therefore, the estimated fair value of the conversion feature of $9,212,285 (based on observable inputs using a Monte Carlo model) was bifurcated from the Series A Notes and accounted for as a separate derivative liability, which resulted in a corresponding amount of debt discount on the Series A Notes. In addition, an additional debt discount of $7,348,486 was recorded as a result of the difference between the $12,500,000 of cash received and the $19,848,486 of principal on the Series A Notes. This combined debt discount of $16,560,771 is being amortized using the effective interest method over the 4-year term of the Notes as Interest Expense, while the PIK Note Derivative is carried at fair value (using a Monte Carlo model) until the Notes are converted or otherwise extinguished. Any changes in fair value are recognized in earnings.
	At March 31, 2015, the fair value of the Series A PIK Note Derivative was estimated to be $9,600,625. In addition, the Company amortized $200,384 of debt discount relating to the Series A PIK Notes Payable, increasing the Series A PIK Notes Payable carrying value to $3,598,128 as of March 31, 2015.
	Series 2023 Notes
	In August 2013, the Company received $10,500,000 of financing through the private placement of 10% mandatory convertible Notes due 2023 ("Series 2023 Notes"). The principal amount of the Notes is due on maturity.  The Company can elect to pay semi-annual interest on the Series 2023 Notes with additional PIK Notes containing the same terms as the Series 2023 Notes, except interest will accrue from issuance of such notes. The Company can also elect to pay interest in cash. In February 2014, August 2014, and February 2015 the Company issued $525,000, $551,250, and $578,813, respectively, in additional PIK Notes to the holders to pay the semi-annual interest.
	The Series 2023 Notes originally converted into the Company’s common stock at a conversion price of $1.40 per share, which is subject to anti-dilution adjustments; these antidilution adjustments reduced the conversion price to $1.36 after the issuance of the Series A Notes. As of issuance, principal amount of the Series 2023 Notes were convertible into 7,500,000 shares of the common stock and into 7,720,588 shares after the issuance of the Series A Notes. The holders may convert the Series 2023 Notes at any time.  The Series 2023 Notes are mandatorily convertible after one year when the weighted average trading price of a share of the common stock for the preceding ten trading days is in excess of the conversion price.  The Series 2023 Notes contain customary representations and warranties and several covenants. The proceeds are being used for general corporate purposes. No broker was used and no commission was paid in connection with the sale of the Series 2023 Notes. As of March 31, 2015, the Company was in compliance with the covenants.
	These Series 2023 Notes were not issued with the intent of effectively hedging any future cash flow, fair value of any asset, liability or any net investment in a foreign operation. In addition to the customary anti-dilution provisions the notes contain a down-round provision whereby the conversion price would be adjusted downward in the event that additional shares of the Company’s common stock or securities exercisable, convertible or exchangeable for the Company’s common stock were issued for cash consideration (e.g. a capital raise) at a price less than the conversion price. Therefore, the estimated fair value of the conversion feature of $2,055,000 (based on observable inputs using a Monte Carlo model) was bifurcated from the Series 2023 Notes and accounted for as a separate derivative liability, which resulted in a corresponding amount of debt discount on the Series 2023 Notes. The debt discount is being amortized using the effective interest method over the 10-year term of the Series 2023 Notes as Interest Expense, while the PIK Note Derivative is carried at fair value (using a Monte Carlo model) until the Series 2023 Notes are converted or otherwise extinguished. Any changes in fair value are recognized in earnings.
	At March 31, 2015, the fair value of the PIK Note Derivative was estimated to be $554,128, which includes the value of the additional PIK Notes issued in February 2014, August 2014, and February 2015, for the semi-annual interest payments due. Total gain from the revaluation of the original PIK Notes derivative was $49,593 for the first quarter of 2015. In addition, during the first quarter of 2015, the Company recorded $26,387 of additional debt discount from the February 2015 issuance, and also amortized $31,020 of debt discount relating to the Series 2023 PIK Notes Payable, resulting in a total debt discount of $1,944,922 as of March 31, 2015, and increasing the Series 2023 PIK Notes Payable carrying value to $10,210,141 as of March 31, 2015.

Note_8_Stockholders_Equity

Note 8 - Stockholders' Equity	3 Months Ended
	Mar. 31, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 8 - STOCKHOLDERS' EQUITY
	Preferred Stock
	The Company is authorized to issue 10,000,000 shares of noncumulative, non-voting, nonconvertible preferred stock, $0.001 par value per share. At March 31, 2015 and December 31, 2014, no shares of preferred stock were outstanding.
	Common Stock
	On November 20, 2012, stockholders of the Company approved to increase the authorized shares of common stock from 120,000,000 to 200,000,000 shares, $0.001 par value per share. At March 31, 2015 and December 31, 2014, 95,200,047 and 95,054,552 shares were issued and outstanding, respectively.
	During the three months ended March 31, 2015, the Company issued a total of 145,495 shares of common stock valued at $107,251 to directors and consultants as payments of fees.
	During the three months ended March 31, 2015, the Company issued a total of 250,000 shares of restricted stock valued at $165,000 to directors as part of the annual grant process. These shares vest 50% at the first anniversary of the grant date and 50% at the second anniversary of the grant date and will not be counted in the basic earnings per share calculation until they vest.

Note_9_Options_and_Warrants_to

Note 9 - Options and Warrants to Purchase Common Stock	3 Months Ended
	Mar. 31, 2015
Options And Warrants To Purchase Common Stock [Abstract]
Options And Warrants To Purchase Common Stock [Text Block]	NOTE 9 - OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK
	Derivative Instruments - Warrants
	The Company issued 5,000,000 warrants (“Samlyn warrants”) in connection with the December 22, 2011 private placement of 10,000,000 shares of common stock. The strike price of these warrants was $2.00 per share at the date of grant. These warrants were not issued with the intent of effectively hedging any future cash flow, fair value of any asset, liability or any net investment in a foreign operation. In addition to the customary antidilution provisions the notes contained a down-round provision whereby the exercise price would be adjusted downward in the event that additional shares of the Company's common stock or securities exercisable, convertible or exchangeable for the Company's common stock were issued at a price less than the exercise price. Therefore, the fair value of these warrants (based on observable inputs using a Monte Carlo model) was recorded as a liability in the balance sheet until they are exercised or expire or are otherwise extinguished. During the first quarter of 2013, the Company issued 3,756,757 shares of its common stock for gross proceeds of $5,560,000, which triggered a down-round adjustment of $0.03 from $2.00 to $1.97 in the strike price of the Samlyn warrants at that time. As discussed in Note 7, during August 2013, the Company issued $10,500,000 of 10% mandatorily convertible Series 2023 PIK Notes in a private placement, which triggered a down-round adjustment of $0.04 from $1.97 to $1.93 in the strike price of the Samlyn warrants.
	On November 3, 2014, the Company cancelled the warrant arrangement, resulting in the fair value of the warrant at such date of $120,000 being credited to equity. During the three months ended March 31, 2014, the Company recognized $114,000 of Other Income (Expense) resulting from the changes in the fair value of the warrant liability.
	Outstanding Stock Warrants
	A summary of the status of the warrants outstanding and exercisable at March 31, 2015 is presented below:
						Warrants Outstanding and Exercisable
		Exercise Price				Number Outstanding				Weighted Average Remaining Contractual Life (years)		Weighted Average Exercise Price
		$	0.75				139,340				0.5	$	0.75
		$	0.78				213,402				0.84	$	0.78
		$	0.8				124,481				0.75	$	0.8
		$	1				180,000				0.56	$	1
		$	1.15				461,340				6.08	$	1.15
		$	2				54,367				1.34	$	2
							1,172,930				2.83	$	1.01
	No warrants were issued during 2014 or the first quarter of 2015. The intrinsic value of the outstanding warrants at March 31, 2014 was $0.
	Outstanding Stock Options
	On November 20, 2012, the shareholders of the Company approved the adoption of the Applied Minerals, Inc. 2012 Long-Term Incentive Plan (“LTIP”) and the Short-Term Incentive Plan (“STIP”) and the performance criteria used in setting performance goals for awards intended to be performance-based. Under the LTIP, 8,900,000 shares are authorized for issuance. The STIP does not refer to a particular number of shares under the LTIP, but would use the shares authorized in the LTIP for issuance under the STIP. The CEO, the CFO, and named executive officers, and directors, among others are eligible to participate in the LTIP and STIP. Prior to the adoption of the LTIP and STIP, stock options were granted under individual arrangements between the Company and the grantees, and approved by the Board of Directors.
	The fair value of each of the Company's stock option awards is estimated on the date of grant using the Black-Scholes option-pricing model that uses the assumptions noted in the table below. Expected volatility is based on an average of historical volatility of the Company's common stock. The risk-free interest rate for periods within the contractual life of the stock option award is based on the yield curve of a zero-coupon U.S. Treasury Bond on the date the award is granted with a maturity equal to the expected term of the award.
	The significant assumptions relating to the valuation of the Company's options issued for the three months ended March 31, 2015 and 2014 were as follows on a weighted average basis:
			2015				2014
	Dividend Yield			0	%			0	%
	Expected Life (years)			5.6				5.2
	Expected Volatility			51	%			58	%
	Risk Free Interest Rate			1.47	%			1.6	%
	A summary of the status and changes of the options granted under stock option plans and other agreements for the first quarter of 2015 is as follows:
			31-Mar-15
			Shares				Weighted
							Average
							Exercise Price
	Outstanding at beginning of period			17,053,116			$	1.02
	Issued			400,000				0.68
	Exercised			--				--
	Forfeited			--				--
	Outstanding at end of period			17,453,116			$	1.01
	During the three months ended March 31, 2015, the Company granted 400,000 options to purchase the Company’s common stock with a weighted average exercise price of $0.67 and the following vesting schedule.
					Vesting Information
		Shares			Frequency		Begin Date		End Date
			200,000		Quarterly		3/31/15		12/31/15
			200,000		Annually		2/5/16		2/5/18
	A summary of the status of the options outstanding at March 31, 2015 is presented below:
		Options Outstanding										Options Exercisable
		Number				Weighted				Weighted		Number		Weighted
		Outstanding				Average				Average		Exercisable		Average
						Remaining				Exercise				Exercise
						Contractual Life (years)				Price				Price
			200,000				9.88			$	0.66		50,000	$	0.66
			200,000				9.88			$	0.68		--	$	0.68
			7,358,277				3.69			$	0.7		7,358,277	$	0.7
			3,405,134				6.44			$	0.83		3,405,134	$	0.83
			975,000				9.2			$	0.84		541,667	$	0.84
			60,000				1.25			$	1		60,000	$	1
			300,000				8.39			$	1.1		100,000	$	1.1
			300,000				8.24			$	1.15		158,333	$	1.15
			100,000				2.84			$	1.24		100,000	$	1.24
			115,000				5.99			$	1.35		115,000	$	1.35
			125,000				2.84			$	1.45		125,000	$	1.45
			330,000				6.7			$	1.55		321,667	$	1.55
			7,645				2.84			$	1.58		7,645	$	1.58
			3,077,060				7.65			$	1.66		3,077,060	$	1.66
			900,000				6.39			$	1.9		900,000	$	1.9
			17,453,116				5.72			$	1.01		16,319,783	$	1.02
	The weighted-average grant-date fair value of options granted during the first quarter of 2015 was $0.31.
	Compensation expense of $99,938 and $214,850 has been recognized for the vested options for the three months ended March 31, 2015 and 2014, respectively. The aggregate intrinsic value of the outstanding options at March 31, 2015 was $12,000. At March 31, 2015, $499,908 of unamortized compensation expense for unvested options is expected to be recognized over the next 1.77 years on a weighted average basis.

Note_10_Commitments_and_Contin

Note 10 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 10 - COMMITMENTS AND CONTINGENCIES
	Commitments
	The following table summarizes our contractual obligations as of March 31, 2015 that require us to make future cash payments:
		Payment due by period
		Total		< 1 year		1 - 3 years
	Contractual Obligations:
	Rent obligations	$	271,796	$	153,615	$	118,181
	Total	$	271,796	$	153,615	$	118,181
	Contingencies
	The Company was named as the defendant in a lawsuit filed on April 18, 2014 in state District court in Salt Lake City, Utah.  The plaintiff is Tekko Enterprises, Inc., which was hired in 2012 as project manager for the construction of a processing plant at the Company’s Dragon Mine property and terminated in 2013 before the completion of the plant.  The complaint seeks damages of $346,000, unpaid amounts that the plaintiff claims it is entitled to under the project management agreement and two purchase orders.  The Company intends to vigorously defend against the claims and to counterclaim.
	In accordance with ASC Topic 450, when applicable, we record accruals for contingencies when it is probable that a liability will be incurred and the amount of loss can be reasonably estimated. In addition to the matters described herein, we may become involved in or subject to, routine litigation, claims, disputes, proceedings and investigations in the ordinary course of business, could have a material adverse effect on our financial condition, cash flows or results of operations.

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)

3 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

Exploration Stage Company [Policy Text Block]

Exploration-Stage Company

Effective January 1, 2009, due to the shutdown of our contract mining business, we were, and still are, classified as an exploration company as the existence of proven or probable reserves has not been demonstrated and no significant revenue has been earned from the mine. Under the SEC’s Industry Guide 7, a mining company is considered an exploration stage company until it has declared mineral reserves determined in accordance with the guide and staff interpretations thereof.

Consolidation, Policy [Policy Text Block]

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of Applied Minerals, Inc. and its inactive subsidiary in northern Idaho.

Use of Estimates, Policy [Policy Text Block]

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. In these condensed consolidated financial statements, the warrant and PIK note derivative liability, stock compensation and impairment of long-lived assets involve extensive reliance on management’s estimates. Actual results could differ from those estimates.

Cash and Cash Equivalents, Policy [Policy Text Block]

Cash and Cash Equivalents

Cash and cash equivalents include all highly liquid investments with a term of three months or less. The Company minimizes its credit risk by investing its cash and cash equivalents, which sometimes exceeds FDIC limits, with major financial institutions located in the United States with a high credit rating.

Receivables, Policy [Policy Text Block]

Receivables

Trade receivables are reported at outstanding principal amounts, net of an allowance for doubtful accounts. Management evaluates the collectability of receivable account balances to determine the allowance, if any. Management considers the other party’s credit risk and financial condition, as well as current and projected economic and market conditions, in determining the amount of the allowance. Receivable balances are written off when management determines that the balance is uncollectable.

Property, Plant and Equipment, Policy [Policy Text Block]

Property and Equipment

Property and equipment are carried at cost less accumulated depreciation. Depreciation and amortization is computed on the straight-line method over the estimated useful lives of the assets, or the life of the lease, whichever is shorter, as follows:

Estimated Useful Life (years)

Building and Building Improvements

5 – 40

Mining equipment

2 – 7

Office and shop furniture and equipment

3 – 7

Vehicles

5

During the fourth quarter of 2014, the Company started using a five-year depreciation schedule with respect to its new processing plant that was commissioned in 2014.  The five-year depreciation schedule is a change from the 40 years utilized for the building and 7 years utilized for the equipment relating to the new processing plant in the quarterly financial statements for the quarters ended March 31, June 30 and September 30, 2014.  This change in useful life resulted in $587,427 of additional depreciation expense, which was recorded during the fourth quarter of 2014.  The impact of the change in the depreciation schedule would not have had a material impact on the consolidated financial statements for the three quarters previously reported on Form 10-Q.

Depreciation expense for the three months ended March 31, 2015 and 2014 totaled $326,222 and $108,386, respectively. The Company currently does not capitalize any amounts related to proven or probable reserves and therefore does not have any depletion expense.

Fair Value Measurement, Policy [Policy Text Block]

Fair Value

ASC Topic 820, Fair Value Measurement and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. This topic also establishes a fair value hierarchy, which requires classification based on observable and unobservable inputs when measuring fair value. The fair value hierarchy distinguishes between assumptions based on market data (observable inputs) and an entity’s own assumptions (unobservable inputs). The hierarchy consists of three levels:

●

Level 1 – Quoted prices in active markets for identical assets and liabilities;

●

Level 2 – Inputs other than level one inputs that are either directly or indirectly observable; and

●

Level 3 – Unobservable inputs developed using estimates and assumptions, which are developed by the reporting entity and reflect those assumptions that a market participant would use.

Liabilities measured at fair value on a recurring basis are summarized as follows:

Fair value measurement using inputs

Carrying amount

Level 1

Level 2

Level 3

March 31,

December 31,

2015

2014 (a)

Financial instruments:

Series 2023 PIK Note Derivative

$

554,128

$

554,128

$

478,149

Series A PIK Note Derivative

$

9,600,625

$

9,600,625

$

9,557,476

The following table summarizes the activity for financial instruments at fair value using Level 3 inputs:

Balance at December 31, 2014

$

10,035,625

Issuance of additional Series 2023 PIK Note

26,387

Net unrealized loss

92,741

Balance at March 31, 2015

$

10,154,753

(a)

In the course of preparing its financial statements for the year ended December 31, 2014, the Company reclassified the Series 2023 PIK note derivative to Level 3 fair value hierarchy to match with the Series A PIK note derivative since it based off of a similar model.

The recorded value of certain financial assets and liabilities, which consist primarily of cash and cash equivalents, receivables, other current assets, and accounts payable and accrued expenses approximates the fair value at March 31, 2015 and December 31, 2014 based upon the short-term nature of the assets and liabilities. Based on borrowing rates currently available to the Company for loans with similar terms, and the remaining short term period outstanding, the carrying value of notes payable other than PIK notes materially approximates fair value. Estimated fair value of the PIK Notes Payable approximate $27,870,828 and $27,488,811, respectively, at March 31, 2015 and December 31, 2014.

For the Company's warrant and PIK note derivative liabilities, Level 3 fair value hierarchy was estimated using a Monte Carlo Model using the following assumptions:

Series 2023 PIK Note derivative liability

Fair Value Measurements

Using Inputs

March 31,

December 31,

2015

2014

Market price and estimated fair value of stock

$

0.7

$

0.73

Exercise price

$

1.36

$

1.36

Term (years)

8.33

8.58

Dividend yield

$

--

$

--

Expected volatility

60.9

%

52

%

Risk-free interest rate

1.81

%

2.08

%

Series A PIK Note derivative liability

Fair Value Measurements

Using Inputs

March 31,

December 31,

2015

2014

Market price and estimated fair value of stock

$

0.7

$

0.73

Exercise price

$

0.92

$

0.92

Term (years)

3.58

3.83

Dividend yield

$

--

$

--

Expected volatility

60.9

%

52

%

Risk-free interest rate

1.81

%

2.08

%

Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]

Impairment of Long-lived Assets

The Company periodically reviews the carrying amounts of long-lived assets to determine whether current events or circumstances warrant adjustment to such carrying amounts. Long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. When such events occur, the Company compares the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset to its carrying amount.

If this comparison indicates impairment, the amount of the impairment is typically calculated using discounted expected future cash flows where observable fair values are not readily determinable. Considerable management judgment is necessary to estimate the fair value of assets. Assets to be disposed of are carried at the lower of their financial statement carrying amount or fair value, less cost to sell.

Revenue Recognition, Policy [Policy Text Block]

Revenue Recognition

Revenue includes sales of halloysite clay and, commencing in June 2013, iron oxide, and is recognized when title passes to the buyer and when collectability is reasonably assured. Title passes to the buyer based on terms of the sales contract. Product pricing is determined based on related contractual arrangements with the Company’s customers.

Exploitation Costs, Policy [Policy Text Block]

Mining Exploration and Development Costs

Land and mining property are carried at cost. The Company expenses prospecting and mining exploration costs. At the point when a property is determined to have proven and probable reserves, subsequent development costs will be capitalized and will be charged to operations using the units-of-production method over proven and probable reserves. Upon abandonment or sale of a mineral property, all capitalized costs relating to the specific property are written off in the period abandoned or sold and a gain or loss is recognized.

Income Tax, Policy [Policy Text Block]

Income taxes

The Company uses an asset and liability approach which results in the recognition of deferred tax liabilities and assets for the expected future tax consequences or benefits of temporary differences between the financial reporting basis and the tax basis of assets and liabilities, as well as operating loss and tax credit carry forwards, using enacted tax rates in effect in the years in which the differences are expected to reverse. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of its deferred tax assets will not be realized. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. A valuation allowance has been provided for the portion of the Company’s net deferred tax assets for which it is more likely than not that they will not be realized.

The Company is subject to U.S. federal income tax as well as income tax of certain state jurisdictions. Federal income tax returns subsequent to 2009 are subject to examination by major tax jurisdictions. The Company’s practice is to recognize interest and/or penalties related to income tax matters in income tax expense.

The Company follows the provision of ASC Topic 740-10, “Income Taxes”, relating to recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken, or expected to be taken, in a tax return. It also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods and requires increased disclosures. This guidance provides that the tax effects from an uncertain tax position can be recognized in our financial statements, only if the position is more likely than not of being sustained on audit, based on the technical merits of the position. As of March 31, 2015, no amounts are included in the financial statements for unrecognized tax benefits.

Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]

Stock Options and Warrants

The Company follows ASC 718 (Stock Compensation) and 505-50 (Equity-Based Payments to Non-employees), which provide guidance in accounting for share-based awards exchanged for services rendered and requires companies to expense the estimated fair value of these awards over the requisite service period.

Earnings Per Share, Policy [Policy Text Block]

Per share data

Loss per share for the three months ended March 31, 2015 and 2014, respectively, is calculated based on 95,107,112 and 94,692,696 weighted average outstanding shares of common stock.

At March 31, 2015 and 2014, respectively, the Company had outstanding options and warrants to purchase 18,626,046 and 22,083,046 shares of Company common stock, and had notes payable which were convertible into 30,086,390 and 8,106,618 shares, respectively, of the Company common stock, none of which were included in the diluted computation as their effect would be anti-dilutive.

Environmental Costs, Policy [Policy Text Block]

Environmental Matters

Expenditures for ongoing compliance with environmental regulations that relate to current operations are expensed or capitalized as appropriate.  Expenditures resulting from the remediation of existing conditions caused by past operations that do not contribute to future revenue generations are expensed.  Liabilities are recognized when environmental assessments indicate that remediation efforts are probable and the costs can be reasonably estimated.

Estimates of such liabilities are based upon currently available facts, existing technology and presently enacted laws and regulations taking into consideration the likely effects of inflation and other societal and economic factors, and include estimates of associated legal costs.  These amounts also reflect prior experience in remediating contaminated sites, other companies’ clean-up experience and data released by The Environmental Protection Agency or other organizations.  Such estimates are by their nature imprecise and can be expected to be revised over time because of changes in government regulations, operations, technology and inflation.  Recoveries are evaluated separately from the liability and, when recovery is assured, the Company records and reports an asset separately from the associated liability.

Based upon management’s current assessment of its environmental responsibilities, the Company cannot reasonably estimate any reclamation or remediation liability that may occur in the future, if any.

New Accounting Pronouncements, Policy [Policy Text Block]

Recent Accounting Pronouncements

In May 2014, the FASB issued ASU 2014-09 Revenue from Contracts with Customers. The amendments in ASU 2014-09 affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (e.g., insurance contracts or lease contracts). This ASU will supersede the revenue recognition requirements in Topic 605 Revenue Recognition, and most industry-specific guidance, and creates a Topic 606 Revenue from Contracts with Customers.

The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps:

Step 1: Identify the contract(s) with a customer.

Step 2: Identify the performance obligations in the contract.

Step 3: Determine the transaction price.

Step 4: Allocate the transaction price to the performance obligations in the contract.

Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.

ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. In April 2015, the FASB proposed a deferral of the effective date of this ASU by one year, but permits entities to adopt one year earlier if they choose. The proposal to defer the effective date is currently not approved.The Company is currently evaluating these new requirements to determine the method of implementation and any resulting estimated effects on the consolidated financial statements.

In April 2015, the FASB issued an ASU which requires that debt issuance costs be presented in the balance sheet as a direct reduction to the carrying amount of the associated debt liability, consistent with debt discounts. Currently debt issuance costs are recognized as an asset. The ASU is effective for the Company in the first quarter of 2016 and is required to be applied retrospectively. Early adoption is permitted. The Company does not expect the adoption of this standard to have a material impact on its results of operations, financial position, and cash flows.

Note_4_Summary_of_Significant_1

Note 4 - Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Property, Plant and Equipment [Table Text Block]		Estimated Useful Life (years)
	Building and Building Improvements	5 – 40
	Mining equipment	2 – 7
	Office and shop furniture and equipment	3 – 7
	Vehicles		5
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]		Fair value measurement using inputs								Carrying amount
		Level 1			Level 2			Level 3		March 31,		December 31,
										2015		2014 (a)
	Financial instruments:
	Series 2023 PIK Note Derivative							$	554,128	$	554,128	$	478,149
	Series A PIK Note Derivative							$	9,600,625	$	9,600,625	$	9,557,476
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Balance at December 31, 2014	$	10,035,625
	Issuance of additional Series 2023 PIK Note		26,387
	Net unrealized loss		92,741
	Balance at March 31, 2015	$	10,154,753
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]	Series 2023 PIK Note derivative liability	Fair Value Measurements
		Using Inputs
		March 31,			December 31,
		2015			2014
	Market price and estimated fair value of stock	$	0.7		$	0.73
	Exercise price	$	1.36		$	1.36
	Term (years)		8.33			8.58
	Dividend yield	$	--		$	--
	Expected volatility		60.9	%		52	%
	Risk-free interest rate		1.81	%		2.08	%
	Series A PIK Note derivative liability	Fair Value Measurements
		Using Inputs
		March 31,			December 31,
		2015			2014
	Market price and estimated fair value of stock	$	0.7		$	0.73
	Exercise price	$	0.92		$	0.92
	Term (years)		3.58			3.83
	Dividend yield	$	--		$	--
	Expected volatility		60.9	%		52	%
	Risk-free interest rate		1.81	%		2.08	%

Note_6_Notes_Payable_Tables

Note 6 - Notes Payable (Tables)	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]		March 31,			December 31,
		2015			2014
	Note payable for mining equipment, payable $1,339 monthly, including interest (a)	$	52,414		$	55,720
	Note payable for mining equipment, payable $950 monthly, including interest (b)		11,579			14,057
	Note payable for mining equipment, payable $6,060 monthly, including interest (c)		--			6,033
	Note payable for lab equipment, payable $9,122 monthly, including interest (d)		----			18,246
	Note payable for mine site vehicle, payable $628 monthly (e)		18,851			20,736
	Note payable to an insurance company, payable $21,531monthly, including interest (f)		85,422			149,036
	Note payable to an insurance company, payable $6,094 monthly, including interest (g)		24,215			42,211
			192,481			306,039
	Less: Current Portion		(142,417	)		(246,894	)
	Notes Payable, Long-Term Portion	$	50,064		$	59,145
Schedule of Maturities of Long-term Debt [Table Text Block]	April 2015 – March 2016	$	142,417
	April 2016 – March 2017		21,929
	April 2017 – March 2018		18,925
	April 2018 – March 2019		9,210
	Total Notes Payable	$	192,481

Note_7_Convertible_Debt_PIK_No1

Note 7 - Convertible Debt (PIK Notes) (Tables) (Payment in Kind (PIK) Note [Member])	3 Months Ended
	Mar. 31, 2015
Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Tables) [Line Items]
Convertible Debt [Table Text Block]	(in $$)	Series 2023 Notes			Series A Notes			Total
	PIK Note Payable, Gross		12,155,063			19,848,486			32,003,549
	Less: Discount		(1,944,922	)		(16,250,358	)		(18,195,280	)
	PIK Note Payable, Net		10,210,141			3,598,128			13,808,269
	PIK Note Derivative Liability		554,128			9,600,625			10,154,753
	(in $$)	Series 2023 Notes			Series A Notes			Total
	PIK Note Payable, Gross		11,576,250			19,848,486			31,424,736
	Less: Discount		(1,949,555	)		(16,450,742	)		(18,400,297	)
	PIK Note Payable, Net		9,626,695			3,397,744			13,024,439
	PIK Note Derivative Liability		478,149			9,557,476			10,035,625

Note_9_Options_and_Warrants_to1

Note 9 - Options and Warrants to Purchase Common Stock (Tables)	3 Months Ended
	Mar. 31, 2015
Options And Warrants To Purchase Common Stock [Abstract]
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]						Warrants Outstanding and Exercisable
		Exercise Price				Number Outstanding				Weighted Average Remaining Contractual Life (years)		Weighted Average Exercise Price
		$	0.75				139,340				0.5	$	0.75
		$	0.78				213,402				0.84	$	0.78
		$	0.8				124,481				0.75	$	0.8
		$	1				180,000				0.56	$	1
		$	1.15				461,340				6.08	$	1.15
		$	2				54,367				1.34	$	2
							1,172,930				2.83	$	1.01
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]			2015				2014
	Dividend Yield			0	%			0	%
	Expected Life (years)			5.6				5.2
	Expected Volatility			51	%			58	%
	Risk Free Interest Rate			1.47	%			1.6	%
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]			31-Mar-15
			Shares				Weighted
							Average
							Exercise Price
	Outstanding at beginning of period			17,053,116			$	1.02
	Issued			400,000				0.68
	Exercised			--				--
	Forfeited			--				--
	Outstanding at end of period			17,453,116			$	1.01
Summary Of Vesting Information For Stock Options [Table Text Block]					Vesting Information
		Shares			Frequency		Begin Date		End Date
			200,000		Quarterly		3/31/15		12/31/15
			200,000		Annually		2/5/16		2/5/18
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]		Options Outstanding										Options Exercisable
		Number				Weighted				Weighted		Number		Weighted
		Outstanding				Average				Average		Exercisable		Average
						Remaining				Exercise				Exercise
						Contractual Life (years)				Price				Price
			200,000				9.88			$	0.66		50,000	$	0.66
			200,000				9.88			$	0.68		--	$	0.68
			7,358,277				3.69			$	0.7		7,358,277	$	0.7
			3,405,134				6.44			$	0.83		3,405,134	$	0.83
			975,000				9.2			$	0.84		541,667	$	0.84
			60,000				1.25			$	1		60,000	$	1
			300,000				8.39			$	1.1		100,000	$	1.1
			300,000				8.24			$	1.15		158,333	$	1.15
			100,000				2.84			$	1.24		100,000	$	1.24
			115,000				5.99			$	1.35		115,000	$	1.35
			125,000				2.84			$	1.45		125,000	$	1.45
			330,000				6.7			$	1.55		321,667	$	1.55
			7,645				2.84			$	1.58		7,645	$	1.58
			3,077,060				7.65			$	1.66		3,077,060	$	1.66
			900,000				6.39			$	1.9		900,000	$	1.9
			17,453,116				5.72			$	1.01		16,319,783	$	1.02

Note_10_Commitments_and_Contin1

Note 10 - Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]		Payment due by period
		Total		< 1 year		1 - 3 years
	Contractual Obligations:
	Rent obligations	$	271,796	$	153,615	$	118,181
	Total	$	271,796	$	153,615	$	118,181

Note_3_Liquidity_Details

Note 3 - Liquidity (Details) (USD $)	1 Months Ended	3 Months Ended		12 Months Ended	1 Months Ended
	Aug. 31, 2013	Mar. 31, 2015	Mar. 31, 2014	Dec. 30, 2013	Nov. 30, 2014
Note 3 - Liquidity (Details) [Line Items]
Net Income (Loss) Attributable to Parent		($4,194,465)	($357,225)
Net Cash Provided by (Used in) Operating Activities		-2,856,815
Working Capital		5,494,148
Proceeds from Convertible Debt	10,500,000	-113,558	-122,898
Gross Proceeds From Sale of Common Stock and Issuance of Convertible Pik Notes				16,060,000
PIK Note [Member]
Note 3 - Liquidity (Details) [Line Items]
Proceeds from Convertible Debt					$12,500,000

Note_4_Summary_of_Significant_2

Note 4 - Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Note 4 - Summary of Significant Accounting Policies (Details) [Line Items]
Depreciation	$326,222	$108,386
Unrecognized Tax Benefits	0
Weighted Average Number of Shares Outstanding, Basic and Diluted	95,107,112	94,692,696
Outstanding Options and Warrants to Purchase Common Stock Not Included in Diluted Computation	18,626,046	22,083,046
Additional Depreciation [Member]
Note 4 - Summary of Significant Accounting Policies (Details) [Line Items]
Depreciation			587,427
Convertible Debt Securities [Member]
Note 4 - Summary of Significant Accounting Policies (Details) [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	30,086,390	8,106,618
Building and Building Improvements [Member] | Maximum [Member]
Note 4 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, Plant and Equipment, Useful Life	40 years		40 years
Mining Equipment [Member] | Maximum [Member]
Note 4 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, Plant and Equipment, Useful Life	7 years		7 years
PIK Note [Member]
Note 4 - Summary of Significant Accounting Policies (Details) [Line Items]
Convertible Debt, Fair Value Disclosures	$27,870,828		$27,488,811

Note_4_Summary_of_Significant_3

Note 4 - Summary of Significant Accounting Policies (Details) - Property and Equipment	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Building and Building Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment useful life	5 years
Building and Building Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment useful life	40 years	40 years
Mining Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment useful life	2 years
Mining Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment useful life	7 years	7 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment useful life	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment useful life	7 years
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment useful life	5 years

Note_4_Summary_of_Significant_4

Note 4 - Summary of Significant Accounting Policies (Details) - Liabilities Measured at Fair Value on a Recurring Basis (USD $)	Mar. 31, 2015	Dec. 31, 2014
Fair Value, Inputs, Level 3 [Member] | Series 2023 PIK Note Derivative Liability [Member]
Financial instruments:
Derivative fair value of derivative liability	$554,128
Fair Value, Inputs, Level 3 [Member] | Series A PIK Note Derivative Liability [Member]
Financial instruments:
Derivative fair value of derivative liability	9,600,625
Series 2023 PIK Note Derivative Liability [Member]
Financial instruments:
Derivative fair value of derivative liability	554,128	478,149	[1]
Series A PIK Note Derivative Liability [Member]
Financial instruments:
Derivative fair value of derivative liability	$9,600,625	$9,557,476	[1]
[1]	In the course of preparing its financial statements for the year ended December 31, 2014, the Company reclassified the Series 2023 PIK note derivative to Level 3 fair value hierarchy to match with the Series A PIK note derivative since it based off of a similar model.

Note_4_Summary_of_Significant_5

Note 4 - Summary of Significant Accounting Policies (Details) - Derivatives Measured at Fair Value (USD $)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance	$10,154,753	$10,035,625
Net unrealized loss	92,741
Series 2023 Notes [Member] | Payment in Kind (PIK) Note [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance	554,128	478,149
Issuance of additional Series 2023 PIK Note	26,387
Payment in Kind (PIK) Note [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance	$10,154,753	$10,035,625

Note_4_Summary_of_Significant_6

Note 4 - Summary of Significant Accounting Policies (Details) - Valuation Assumptions (Fair Value, Inputs, Level 3 [Member], USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Series 2023 PIK Note Derivative Liability [Member]
Note 4 - Summary of Significant Accounting Policies (Details) - Valuation Assumptions [Line Items]
Market price and estimated fair value of stock	$0.70	$0.73
Exercise price	$1.36	$1.36
Term (years)	8 years 120 days	8 years 211 days
Expected volatility	60.90%	52.00%
Risk-free interest rate	1.81%	2.08%
Series A PIK Note Derivative Liability [Member]
Note 4 - Summary of Significant Accounting Policies (Details) - Valuation Assumptions [Line Items]
Market price and estimated fair value of stock	$0.70	$0.73
Exercise price	$0.92	$0.92
Term (years)	3 years 211 days	3 years 302 days
Expected volatility	60.90%	52.00%
Risk-free interest rate	1.81%	2.08%

Note_6_Notes_Payable_Details

Note 6 - Notes Payable (Details) (USD $)	3 Months Ended		0 Months Ended	12 Months Ended	0 Months Ended			1 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Jul. 07, 2011	Dec. 31, 2014	Apr. 17, 2012	Jul. 23, 2012	Apr. 16, 2014	Sep. 20, 2012	Oct. 31, 2014
Note 6 - Notes Payable (Details) [Line Items]
Debt Instrument, Periodic Payment, Interest	$4,178	$3,745
Laboratory Equipment [Member]
Note 6 - Notes Payable (Details) [Line Items]
Property, Plant and Equipment, Gross							109,493
Note Payable Mining Equipment [Member]
Note 6 - Notes Payable (Details) [Line Items]
Debt Instrument, Face Amount			57,900
Debt Instrument, Interest Rate, Stated Percentage			5.20%
Debt Instrument, Periodic Payment	1,339		1,339	1,339
Debt Instrument, Term			48 months
Note Payable Mining Equipment 2 [Member]
Note 6 - Notes Payable (Details) [Line Items]
Debt Instrument, Face Amount					40,565
Debt Instrument, Periodic Payment	950			950	950
Debt Instrument, Term					48 months
Debt Instrument, Interest Rate, Effective Percentage					11.28%
Note Payable Mining Equipment 3 [Member]
Note 6 - Notes Payable (Details) [Line Items]
Debt Instrument, Face Amount						169,500
Debt Instrument, Interest Rate, Stated Percentage						5.50%
Debt Instrument, Periodic Payment	6,060			6,060		6,060
Debt Instrument, Term						30 months
Note Payable for Laboratory Equipment [Member]
Note 6 - Notes Payable (Details) [Line Items]
Debt Instrument, Face Amount							91,229
Debt Instrument, Periodic Payment							9,122
Debt Instrument, Term							10 months
Note Payable Mining Site Vehicle [Member]
Note 6 - Notes Payable (Details) [Line Items]
Debt Instrument, Face Amount								37,701
Debt Instrument, Periodic Payment	$628			$628				$628
Debt Instrument, Term								60 months
Note Payable Insurance Company [Member]
Note 6 - Notes Payable (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage									3.15%
Note Payable Insurance Company 2 [Member]
Note 6 - Notes Payable (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage									3.15%

Note_6_Notes_Payable_Details_S

Note 6 - Notes Payable (Details) - Summary of Note Payable (USD $)	Mar. 31, 2015		Dec. 31, 2014
Note 6 - Notes Payable (Details) - Summary of Note Payable [Line Items]
Note payable	$192,481		$306,039
Less: Current Portion	-142,417		-246,894
Notes Payable, Long-Term Portion	50,064		59,145
Note Payable Mining Equipment [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable [Line Items]
Note payable	52,414	[1]	55,720	[1]
Note Payable Mining Equipment 2 [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable [Line Items]
Note payable	11,579	[2]	14,057	[2]
Note Payable Mining Equipment 3 [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable [Line Items]
Note payable		[3]	6,033	[3]
Note Payable Mining Equipment 4 [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable [Line Items]
Note payable		[4]	18,246	[4]
Note Payable Mining Site Vehicle [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable [Line Items]
Note payable	18,851	[5]	20,736	[5]
Note Payable Insurance Company [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable [Line Items]
Note payable	85,422	[6]	149,036	[6]
Note Payable Insurance Company 4 [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable [Line Items]
Note payable	$24,215	[7]	$42,211	[7]
[1]	On October 31,2014, the Company purchased mining equipment for $57,900 by issuing a note with an interest rate of 5.2%. The note is collateralized by themining equipment with payments of $1,339 for 48 months, which started on November 30,2014.
[2]	On April 17, 2012, the Company purchased mining equipment for $40,565 by issuing a note with an effective interest rate of 11.279%. The note iscollateralized by the mining equipment with payments of $950 for 48 months, which started on May 1, 2012.
[3]	On July 23, 2012, the Company purchased mining equipment for $169,500 by issuing a note with an interest rate of 5.5%. The note is collateralized by themining equipment with payments of $6,060 for 30 months, which started on August 25, 2012.
[4]	On April 16, 2014, the Company purchased lab equipment for $109,493 by depositing and issuing a non-interest bearing note in the amount of $91,229. Thenote is collateralized by the lab equipment with payments of $9,122 for ten months, which started in May 2014.
[5]	On September 20, 2012, the Company purchased a vehicle for the mine site for $37,701 by issuing a non-interest bearing note. The note is collateralized bythe vehicle with payments of $628 for 60 months, which started on October 20, 2012.
[6]	The Company signed a note payable with an insurance company dated October 31, 2014 for directors' and officers' insurance, due in monthly installments,including interest at 3.15%. The note will mature on July 2015.
[7]	The Company signed a note payable with an insurance company dated October 31, 2014 for liability insurance, due in monthly installments, includinginterest at 3.15%. The note will mature on July 2015.

Note_6_Notes_Payable_Details_S1

Note 6 - Notes Payable (Details) - Summary of Note Payable (Parentheticals) (USD $)	0 Months Ended	3 Months Ended	12 Months Ended	0 Months Ended		1 Months Ended
	Jul. 07, 2011	Mar. 31, 2015	Dec. 31, 2014	Apr. 17, 2012	Jul. 23, 2012	Sep. 20, 2012
Note Payable Mining Equipment [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable (Parentheticals) [Line Items]
Note payable, monthly payment	$1,339	$1,339	$1,339
Note Payable Mining Equipment 2 [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable (Parentheticals) [Line Items]
Note payable, monthly payment		950	950	950
Note Payable Mining Equipment 3 [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable (Parentheticals) [Line Items]
Note payable, monthly payment		6,060	6,060		6,060
Note Payable Mining Equipment 4 [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable (Parentheticals) [Line Items]
Note payable, monthly payment		9,122	9,122
Note Payable Mining Site Vehicle [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable (Parentheticals) [Line Items]
Note payable, monthly payment		628	628			628
Note Payable Insurance Company [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable (Parentheticals) [Line Items]
Note payable, monthly payment		21,531	21,531
Note Payable Insurance Company 4 [Member]
Note 6 - Notes Payable (Details) - Summary of Note Payable (Parentheticals) [Line Items]
Note payable, monthly payment		$6,094	$6,094

Note_6_Notes_Payable_Details_F

Note 6 - Notes Payable (Details) - Future Minimum Note Payments (USD $)	Mar. 31, 2015	Dec. 31, 2014
Future Minimum Note Payments [Abstract]
April 2015 b March 2016	$142,417
April 2016 b March 2017	21,929
April 2017 b March 2018	18,925
April 2018 b March 2019	9,210
Total Notes Payable	$192,481	$306,039

Note_7_Convertible_Debt_PIK_No2

Note 7 - Convertible Debt (PIK Notes) (Details) (USD $)	0 Months Ended	1 Months Ended	3 Months Ended		12 Months Ended	1 Months Ended			8 Months Ended
	Nov. 03, 2014	Aug. 31, 2013	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Feb. 28, 2015	Aug. 31, 2014	Feb. 28, 2014	Aug. 31, 2013
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Proceeds from Convertible Debt		$10,500,000	($113,558)	($122,898)
Convertible Debt, Number of Written Days Notice	30 years
Convertible Debt, Number of Days to Accrue Further Damages	30 years
Debt Instrument, Unamortized Discount			18,195,280		18,400,297
Derivative Liability			10,154,753		10,035,625
Paid-in-Kind Interest			578,813	525,000
Specified Event [Member] | Series A Notes [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	1.00%
Combined Discount [Member] | Series A Notes [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Debt Instrument, Unamortized Discount	16,560,771
Combined Discount [Member] | Series 2023 Notes [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Debt Instrument, Unamortized Discount			1,944,922
Result of Anti-Dilution Adjustment [Member] | Series 2023 Notes [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Debt Instrument, Convertible, Conversion Price (in Dollars per share)		$1.36							$1.36
After Series A Notes Issuance [Member] | Series 2023 Notes [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Debt Instrument, Convertible, Number of Equity Instruments		7,720,588
Includes Additional PIK Notes Issued [Member] | Series 2023 Notes [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Derivative Liability			554,128
Additional Discount [Member] | Series 2023 Notes [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Debt Instrument, Unamortized Discount			26,387
Result of Extension Option [Member] | Senior A Notes [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Debt Instrument, Convertible, Conversion Price (in Dollars per share)	0.1
Other Expense [Member] | Series A Notes [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Liquidated Damages, Payable to Noteholders			595,455
Minimum [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Debt Instrument, Convertible, Remaining Discount Amortization Period					2 years
Maximum [Member] | Series A Notes [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Convertible Debt, Number of Written Days Notice	90 days
Series A Notes [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Proceeds from Convertible Debt	12,500,000
Debt Instrument, Face Amount	19,848,486		19,848,486		19,848,486
Debt Instrument, Interest Rate, Stated Percentage	10.00%
Debt Instrument, Convertible, Conversion Price (in Dollars per share)	0.92
Liquidated Damages, Percent of Principal	1.00%
Debt Instrument, Convertible, Beneficial Conversion Feature	9,212,285
Debt Instrument, Unamortized Discount	7,348,486		16,250,358		16,450,742
Debt Instrument, Term	4 years
Derivative Liability			9,600,625		9,557,476
Amortization of Debt Discount (Premium)			200,384
Convertible Notes Payable			3,598,128		3,397,744
Series A Notes [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Convertible Debt, Number of Days to File Registration Statement	90 days
Senior A Notes [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Debt Instrument, Convertible, Threshold Consecutive Trading Days to Meet Event Qualification	30 days
Series 2023 Notes [Member] | Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Debt Instrument, Face Amount		10,500,000	12,155,063		11,576,250				10,500,000
Debt Instrument, Interest Rate, Stated Percentage		10.00%							10.00%
Debt Instrument, Convertible, Conversion Price (in Dollars per share)		$1.40							$1.40
Debt Instrument, Convertible, Beneficial Conversion Feature		2,055,000
Debt Instrument, Unamortized Discount			1,944,922		1,949,555
Debt Instrument, Term		10 years
Derivative Liability			554,128		478,149
Amortization of Debt Discount (Premium)			31,020
Convertible Notes Payable			10,210,141		9,626,695
Paid-in-Kind Interest						578,813	551,250	525,000
Debt Instrument, Convertible, Number of Equity Instruments		7,500,000
Financial Instruments Subject to Mandatory Conversion Earliest Conversion									1 year
Financial Instrument Subject to Mandatory Conversion Period for Calculation of Conversion Feature									10 days
Convertible Debt, Revaluation Gain			49,593
Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) [Line Items]
Proceeds from Convertible Debt					23,000,000
Debt Instrument, Face Amount			32,003,549		31,424,736
Debt Instrument, Unamortized Discount			18,195,280		18,400,297
Derivative Liability			10,154,753		10,035,625
Convertible Notes Payable			$13,808,269		13,024,439

Note_7_Convertible_Debt_PIK_No3

Note 7 - Convertible Debt (PIK Notes) (Details) - Liability Components of the PIK Notes (USD $)	Mar. 31, 2015	Dec. 31, 2014	Aug. 31, 2013	Nov. 03, 2014
Note 7 - Convertible Debt (PIK Notes) (Details) - Liability Components of the PIK Notes [Line Items]
Less: Discount	($18,195,280)	($18,400,297)
PIK Note Derivative Liability	10,154,753	10,035,625
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) - Liability Components of the PIK Notes [Line Items]
PIK Note Payable, Gross	12,155,063	11,576,250	10,500,000
Less: Discount	-1,944,922	-1,949,555
PIK Note Payable, Net	10,210,141	9,626,695
PIK Note Derivative Liability	554,128	478,149
Payment in Kind (PIK) Note [Member] | Series A Notes [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) - Liability Components of the PIK Notes [Line Items]
PIK Note Payable, Gross	19,848,486	19,848,486		19,848,486
Less: Discount	-16,250,358	-16,450,742		-7,348,486
PIK Note Payable, Net	3,598,128	3,397,744
PIK Note Derivative Liability	9,600,625	9,557,476
Payment in Kind (PIK) Note [Member]
Note 7 - Convertible Debt (PIK Notes) (Details) - Liability Components of the PIK Notes [Line Items]
PIK Note Payable, Gross	32,003,549	31,424,736
Less: Discount	-18,195,280	-18,400,297
PIK Note Payable, Net	13,808,269	13,024,439
PIK Note Derivative Liability	$10,154,753	$10,035,625

Note_8_Stockholders_Equity_Det

Note 8 - Stockholders' Equity (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Nov. 20, 2012
Note 8 - Stockholders' Equity (Details) [Line Items]
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Par or Stated Value Per Share (in Dollars per share)	$0.00	$0.00
Preferred Stock, Shares Outstanding	0	0
Common Stock, Shares Authorized	200,000,000	200,000,000	120,000,000
Common Stock, Par or Stated Value Per Share (in Dollars per share)	$0.00	$0.00
Common Stock, Shares, Issued	95,200,047	95,054,552
Common Stock, Shares, Outstanding	95,200,047	95,054,552
Stock Issued During Period, Value, Issued for Services (in Dollars)	$117,873
Directors and Consultants [Member]
Note 8 - Stockholders' Equity (Details) [Line Items]
Stock Issued During Period, Shares, Issued for Services	145,495
Stock Issued During Period, Value, Issued for Services (in Dollars)	107,251
Director [Member]
Note 8 - Stockholders' Equity (Details) [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Gross	250,000
Stock Issued During Period, Value, Restricted Stock Award, Gross (in Dollars)	$165,000
First Anniversary [Member]
Note 8 - Stockholders' Equity (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	50.00%
Second Anniversary [Member]
Note 8 - Stockholders' Equity (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	50.00%

Note_9_Options_and_Warrants_to2

Note 9 - Options and Warrants to Purchase Common Stock (Details) (USD $)	0 Months Ended	1 Months Ended		3 Months Ended			12 Months Ended
	Nov. 03, 2014	Aug. 31, 2013	Dec. 22, 2011	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2014	Nov. 20, 2012
Note 9 - Options and Warrants to Purchase Common Stock (Details) [Line Items]
Warrants Issued (in Shares)			5,000,000	0			0
Stock Issued During Period, Shares, New Issues (in Shares)			10,000,000			3,756,757
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share)		$1.93	$2	$1.01		$1.97
Proceeds from Issuance of Common Stock						$5,560,000
Class of Warrant or Right, Exercise Price Adjustment (in Dollars per share)		$0.04				$0.03
Proceeds from Convertible Debt		10,500,000		-113,558	-122,898
Mandatorily Convertible PIK Notes, Interest Rate		10.00%
Warrants Cancelled During Period, Writeoff to Derivative Liability and Equity	120,000
Unrealized Gain (Loss) on Derivatives					114,000
Intrinsic Value of Outstanding Warrants					0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)				400,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share)				$0.67
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share)				$0.31
Employee Stock Option [Member]
Note 9 - Options and Warrants to Purchase Common Stock (Details) [Line Items]
Allocated Share-based Compensation Expense				99,938	214,850
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value				12,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options				$499,908
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition							1 year 281 days
LTIP [Member]
Note 9 - Options and Warrants to Purchase Common Stock (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in Shares)								8,900,000

Note_9_Options_and_Warrants_to3

Note 9 - Options and Warrants to Purchase Common Stock (Details) - Summary of the Status of the Warrants Outstanding (USD $)	3 Months Ended
	Mar. 31, 2015	Aug. 31, 2013	Mar. 31, 2013	Dec. 22, 2011
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price	$1.01	$1.93	$1.97	$2
Number Outstanding (in Shares)	1,172,930
Weighted Average Remaining Contractual Life	2 years 302 days
Exercise Price 1 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price	$0.75
Number Outstanding (in Shares)	139,340
Weighted Average Remaining Contractual Life	6 months
Exercise Price 2 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price	$0.78
Number Outstanding (in Shares)	213,402
Weighted Average Remaining Contractual Life	306 days
Exercise Price 3 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price	$0.80
Number Outstanding (in Shares)	124,481
Weighted Average Remaining Contractual Life	9 months
Exercise Price 4 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price	$1
Number Outstanding (in Shares)	180,000
Weighted Average Remaining Contractual Life	204 days
Exercise Price 5 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price	$1.15
Number Outstanding (in Shares)	461,340
Weighted Average Remaining Contractual Life	6 years 29 days
Exercise Price 6 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price	$2
Number Outstanding (in Shares)	54,367
Weighted Average Remaining Contractual Life	1 year 124 days

Note_9_Options_and_Warrants_to4

Note 9 - Options and Warrants to Purchase Common Stock (Details) - Significant Assumptions Relating to the Valuation of Stock Options (Employee Stock Option [Member])	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Employee Stock Option [Member]
Note 9 - Options and Warrants to Purchase Common Stock (Details) - Significant Assumptions Relating to the Valuation of Stock Options [Line Items]
Dividend Yield	0.00%	0.00%
Expected Life (years)	5 years 219 days	5 years 73 days
Expected Volatility	51.00%	58.00%
Risk Free Interest Rate	1.47%	1.60%

Note_9_Options_and_Warrants_to5

Note 9 - Options and Warrants to Purchase Common Stock (Details) - Summary of the Status and Changes of the Options Granted Under the Stock Option Plans and Other Agreements (USD $)	3 Months Ended
	Mar. 31, 2015
Summary of the Status and Changes of the Options Granted Under the Stock Option Plans and Other Agreements [Abstract]
Options Outstanding, Shares	17,053,116
Options Outstanding, Weighted Average Exercise Price	$1.02
Issued	400,000
Issued	$0.67
Exercised
Exercised
Forfeited
Forfeited
Options Outstanding, Shares	17,453,116
Options Outstanding, Weighted Average Exercise Price	$1.01

Note_9_Options_and_Warrants_to6

Note 9 - Options and Warrants to Purchase Common Stock (Details) - Summary of the Vesting Periods of Options	3 Months Ended
	Mar. 31, 2015
Note 9 - Options and Warrants to Purchase Common Stock (Details) - Summary of the Vesting Periods of Options [Line Items]
Stock Options Granted	400,000
Vesting Period from March 31, 2015 to December 31, 2015 [Member]
Note 9 - Options and Warrants to Purchase Common Stock (Details) - Summary of the Vesting Periods of Options [Line Items]
Stock Options Granted	200,000
Vesting Period from February 5, 2016 to February 5, 2018 [Member]
Note 9 - Options and Warrants to Purchase Common Stock (Details) - Summary of the Vesting Periods of Options [Line Items]
Stock Options Granted	200,000

Note_9_Options_and_Warrants_to7

Note 9 - Options and Warrants to Purchase Common Stock (Details) - Summary of the Status of the Options Outstanding (USD $)	3 Months Ended
	Mar. 31, 2015
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	17,453,116
Options Outstanding, Weighted Average Remaining Contractual Life	5 years 262 days
Options Outstanding, Weighted Average Exercise Price	$1.01
Options Exercisable, Number (in Shares)	16,319,783
Options Exercisable, Weighted Average Exercise Price	$1.02
Exercise Price 1 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	200,000
Options Outstanding, Weighted Average Remaining Contractual Life	9 years 321 days
Options Outstanding, Weighted Average Exercise Price	$0.66
Options Exercisable, Number (in Shares)	50,000
Options Exercisable, Weighted Average Exercise Price	$0.66
Exercise Price 2 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	200,000
Options Outstanding, Weighted Average Remaining Contractual Life	9 years 321 days
Options Outstanding, Weighted Average Exercise Price	$0.68
Options Exercisable, Weighted Average Exercise Price	$0.68
Exercise Price 3 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	7,358,277
Options Outstanding, Weighted Average Remaining Contractual Life	3 years 251 days
Options Outstanding, Weighted Average Exercise Price	$0.70
Options Exercisable, Number (in Shares)	7,358,277
Options Exercisable, Weighted Average Exercise Price	$0.70
Exercise Price 4 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	3,405,134
Options Outstanding, Weighted Average Remaining Contractual Life	6 years 160 days
Options Outstanding, Weighted Average Exercise Price	$0.83
Options Exercisable, Number (in Shares)	3,405,134
Options Exercisable, Weighted Average Exercise Price	$0.83
Exercise Price 5 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	975,000
Options Outstanding, Weighted Average Remaining Contractual Life	9 years 73 days
Options Outstanding, Weighted Average Exercise Price	$0.84
Options Exercisable, Number (in Shares)	541,667
Options Exercisable, Weighted Average Exercise Price	$0.84
Exercise Price 6 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	60,000
Options Outstanding, Weighted Average Remaining Contractual Life	1 year 3 months
Options Outstanding, Weighted Average Exercise Price	$1
Options Exercisable, Number (in Shares)	60,000
Options Exercisable, Weighted Average Exercise Price	$1
Exercise Price 7 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	300,000
Options Outstanding, Weighted Average Remaining Contractual Life	8 years 142 days
Options Outstanding, Weighted Average Exercise Price	$1.10
Options Exercisable, Number (in Shares)	100,000
Options Exercisable, Weighted Average Exercise Price	$1.10
Exercise Price 8 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	300,000
Options Outstanding, Weighted Average Remaining Contractual Life	8 years 87 days
Options Outstanding, Weighted Average Exercise Price	$1.15
Options Exercisable, Number (in Shares)	158,333
Options Exercisable, Weighted Average Exercise Price	$1.15
Exercise Price 9 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	100,000
Options Outstanding, Weighted Average Remaining Contractual Life	2 years 306 days
Options Outstanding, Weighted Average Exercise Price	$1.24
Options Exercisable, Number (in Shares)	100,000
Options Exercisable, Weighted Average Exercise Price	$1.24
Exercise Price 10 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	115,000
Options Outstanding, Weighted Average Remaining Contractual Life	5 years 361 days
Options Outstanding, Weighted Average Exercise Price	$1.35
Options Exercisable, Number (in Shares)	115,000
Options Exercisable, Weighted Average Exercise Price	$1.35
Exercise Price 11 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	125,000
Options Outstanding, Weighted Average Remaining Contractual Life	2 years 306 days
Options Outstanding, Weighted Average Exercise Price	$1.45
Options Exercisable, Number (in Shares)	125,000
Options Exercisable, Weighted Average Exercise Price	$1.45
Exercise Price 12 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	330,000
Options Outstanding, Weighted Average Remaining Contractual Life	6 years 255 days
Options Outstanding, Weighted Average Exercise Price	$1.55
Options Exercisable, Number (in Shares)	321,667
Options Exercisable, Weighted Average Exercise Price	$1.55
Exercise Price 13 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	7,645
Options Outstanding, Weighted Average Remaining Contractual Life	2 years 306 days
Options Outstanding, Weighted Average Exercise Price	$1.58
Options Exercisable, Number (in Shares)	7,645
Options Exercisable, Weighted Average Exercise Price	$1.58
Exercise Price 14 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	3,077,060
Options Outstanding, Weighted Average Remaining Contractual Life	7 years 237 days
Options Outstanding, Weighted Average Exercise Price	$1.66
Options Exercisable, Number (in Shares)	3,077,060
Options Exercisable, Weighted Average Exercise Price	$1.66
Exercise Price 15 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number (in Shares)	900,000
Options Outstanding, Weighted Average Remaining Contractual Life	6 years 142 days
Options Outstanding, Weighted Average Exercise Price	$1.90
Options Exercisable, Number (in Shares)	900,000
Options Exercisable, Weighted Average Exercise Price	$1.90

Note_10_Commitments_and_Contin2

Note 10 - Commitments and Contingencies (Details) (USD $)	0 Months Ended
	Apr. 18, 2014	Apr. 18, 2014
Commitments and Contingencies Disclosure [Abstract]
Loss Contingency, Damages Sought, Value	$346,000
Number of Purchase Orders		2

Note_10_Commitments_and_Contin3

Note 10 - Commitments and Contingencies (Details) - Summary of Contractual Obligations (USD $)	Mar. 31, 2015
Contractual Obligations:
Rent obligations	$271,796
Rent obligations	153,615
Rent obligations	118,181
Total	271,796
Total	153,615
Total	$118,181