Applied Minerals (AMNL) S-1 22 Sep 16 2016 Q2 IPO registration Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 15, 2016
Document Information [Line Items]
Entity Registrant Name	Applied Minerals, Inc.
Entity Central Index Key	8,328
Trading Symbol	amnl
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		108,376,049
Document Type	S1
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consilidated Balance Sheet

Consilidated Balance Sheet - USD ($)	Dec. 31, 2015	Dec. 31, 2014
PIK Note Derivative Liability [Member]
Long-Term Liabilities
PIK Notes payable, net of $16,632,757 and $17,572,885 debt discount, respectively	$ 17,072,886	$ 13,024,439
Cash and cash equivalents	1,803,131	10,701,666
Accounts receivable	176,205	112,831
Deposits and prepaid expenses	322,922	289,644
Other current receivables	94,647	0
Total Current Assets	2,396,905	11,104,141
Property and Equipment, net	5,206,825	7,055,874
Deferred Financing Costs	21,250	28,750
Deposits	269,202	268,937
Assets Held for Sale	445,180	0
Total Other Assets	714,382	297,687
TOTAL ASSETS	8,318,112	18,457,702
Accounts payable and accrued liabilities (excluding accrued PIK Note interest)	742,745	2,608,364
Current portion of notes payable	210,429	246,894
Total Current Liabilities	1,833,581	2,855,258
Long-term portion of notes payable	33,688	59,145
PIK Notes payable, net of $16,632,757 and $17,572,885 debt discount, respectively	17,051,636
PIK Note derivative	5,138,857	10,035,625
Total Long-Term Liabilities	22,224,181	23,119,209
Total Liabilities	24,057,762	25,974,467
Commitments and Contingencies (Note 14)
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Preferred stock, $0.001 par value, 10,000,000 shares authorized, none issued and outstanding
Common stock, $0.001 par value, 200,000,000 shares authorized, 108,376,049 and 97,144,736 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively	97,145	95,055
Additional paid-in capital	66,106,631	64,526,469
Accumulated deficit prior to the exploration stage	(20,009,496)	(20,009,496)
Accumulated deficit during the exploration stage	(61,933,930)	(52,128,793)
Total Stockholders’ Deficit	(15,739,650)	(7,516,765)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$ 8,318,112	$ 18,457,702

Consilidated Balance Sheet (Par

Consilidated Balance Sheet (Parentheticals) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Debt Discount	$ 17,572,885	$ 18,400,297
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, authorized (in shares)	10,000,000	10,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares auhorized (in shares)	200,000,000	200,000,000
Common stock, shares issued (in shares)	97,144,736	97,144,736
Common stock, shares outstanding (in shares)	97,144,736	95,054,552

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Warrant Derivative Liability [Member]
OTHER INCOME (EXPENSE):
Gain on revaluation of warrant derivative	$ 0	$ 830,000	$ 995,000
PIK Note Derivative Liability [Member]
OTHER INCOME (EXPENSE):
Gain on revaluation of warrant derivative	5,328,515	1,470,798	(195,000)
REVENUES	507,474	234,221	54,825
Production costs	9,204	49,464	17,244
Exploration costs	4,245,478	4,626,139	4,551,666
General and administrative	4,857,015	5,195,830	8,569,413
Depreciation expense	1,312,585	1,164,366	317,570
Loss from disposition of equipment	0	0	2,482
Total Operating Expenses	10,424,282	11,035,799	13,458,375
Operating Loss	(9,916,808)	(10,801,578)	(13,403,550)
Interest expense, net, including amortization of deferred financing cost and debt discount	(4,567,952)	(1,667,285)	(497,187)
Gain on revaluation of warrant derivative		830,000	995,000
Gain on revaluation of stock awards	0	110,000	44,000
Other expense	(648,892)	(258,252)	(6,789)
Total Other Income	111,671	485,261	340,024
Net loss	$ (9,805,137)	$ (10,316,317)	$ (13,063,526)
Net Loss Per Share (Basic and Diluted) (in dollars per share)	$ (0.10)	$ (0.11)	$ (0.14)
Weighted Average Shares Outstanding (Basic and Diluted) (in shares)	96,033,553	94,895,194	94,303,264

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity (Deficit) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit Prior to Exploration Stage [Member]	Accumulated Deficit During Exploration Stage [Member]	Total
Balance (in shares) at Dec. 31, 2012	90,619,444
Balance at Dec. 31, 2012	$ 90,619	$ 52,634,064	$ (20,009,496)	$ (28,748,950)	$ 3,966,237
Stock Issued During Period, Shares, Issued for Services	269,812
Stock Issued During Period, Value, Issued for Services	$ 270	316,205			316,475
Shares issued for cash (in shares)	3,756,757
Shares issued for cash	$ 3,757	5,556,243			5,560,000
Stock-based compensation expense for consultants and directors		4,707,381			4,707,381
Net Income (Loss) Attributable to Parent				(13,063,526)	(13,063,526)
Balance (in shares) at Dec. 31, 2013	94,646,013
Balance at Dec. 31, 2013	$ 94,646	63,213,893	(20,009,496)	(41,812,476)	1,486,567
Shares issued for directors fees and other services (in shares)	269,812
Shares issued for directors fees and other services	$ 270	316,205			316,475
Stock-based compensation expense		4,707,381			4,707,381
Net loss				(13,063,526)	(13,063,526)
Stock Issued During Period, Shares, Issued for Services	408,539
Stock Issued During Period, Value, Issued for Services	$ 409	326,860			327,269
Stock-based compensation expense for consultants and directors		865,716			865,716
Net Income (Loss) Attributable to Parent				(10,316,317)	(10,316,317)
Balance (in shares) at Dec. 31, 2014	95,054,552
Balance at Dec. 31, 2014	$ 95,055	64,526,469	(20,009,496)	(52,128,793)	(7,516,765)
Shares issued for directors fees and other services (in shares)	408,539
Shares issued for directors fees and other services	$ 409	326,860			327,269
Warrant Cancellation		120,000			120,000
Stock-based compensation expense		865,716			865,716
Net loss				(10,316,317)	(10,316,317)
Stock Issued During Period, Shares, Issued for Services	1,045,788
Stock Issued During Period, Value, Issued for Services	$ 1,046	378,890			379,936
Stock-based compensation expense for consultants and directors		397,417			397,417
Net Income (Loss) Attributable to Parent				(9,805,137)	(9,805,137)
Balance (in shares) at Dec. 31, 2015	97,144,736
Balance at Dec. 31, 2015	$ 97,145	66,106,631	(20,009,496)	(61,933,930)	(15,739,650)
Shares issued for directors fees and other services (in shares)	1,045,788
Shares issued for directors fees and other services	$ 1,046	378,890			379,936
Stock-based compensation expense		397,417			397,417
Net loss				(9,805,137)	(9,805,137)
Shares issued for employee bonus (in shares)	29,310
Shares issued for employee bonus	$ 29	63,859			63,888
Shares issued for liquidated damages (in shares)	1,015,086
Shares Issued For Liquidated Damages	$ 1,015	739,996			741,011
Stock Issued During Period, Shares, Issued for Services	178,980
Stock Issued During Period, Value, Issued for Services	$ 179	94,164			94,343
Stock-based compensation expense for consultants and directors		365,045			365,045
Net Income (Loss) Attributable to Parent				(3,731,884)	(3,731,884)
Balance (in shares) at Jun. 30, 2016	108,376,049
Balance at Jun. 30, 2016	$ 108,376	68,221,368	$ (20,009,496)	(65,665,814)	(17,345,566)
Shares issued for directors fees and other services (in shares)	178,980
Shares issued for directors fees and other services	$ 179	94,164			94,343
Stock-based compensation expense		$ 365,045			365,045
Net loss				$ (3,731,884)	$ (3,731,884)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash Flows from Operating Activities:
Net Income (Loss) Attributable to Parent	$ (9,805,137)	$ (10,316,317)	$ (13,063,526)
Adjustments to reconcile net loss to net cash used in operations
Depreciation	1,312,585	1,164,366	317,570
Amortization of discount - PIK Notes	1,259,159	218,031	41,583
Amortization of deferred financing costs	7,500	1,250
Paid-in-Kind Interest	3,221,035	1,076,250
Stock issued for director and consulting services	379,936	327,269	316,475
Stock-based compensation expense	397,417	865,716	4,707,381
Shares issued for liquidated damages	741,011
Stock issued for employee compensation	63,888
(Gain) on revaluation of warrant derivative		(830,000)	(995,000)
(Gain) Loss on revaluation of PIK Notes	(5,328,515)	(1,470,798)	195,000
(Gain) on revaluation of stock awards for non-employees		(110,000)	(44,000)
Loss of disposal of equipment			2,482
Reversal of doubtful accounts			(25,106)
Change in operating assets and liabilities:
Accounts receivable	(63,374)	(107,075)	27,128
Other current receivables	(94,646)
Deposits and prepaid expenses	(33,543)	149,239	189,656
Accounts payable and accrued expenses	(642,873)	1,028,218	125,256
Net cash used in operating activities	(8,585,557)	(8,003,851)	(8,205,101)
Cash Flows From Investing Activities:
Purchases of property and equipment	(251,055)	(2,039,562)	(64,345)
Construction-in-progress			(1,982,013)
Net cash provided by (used in) investing activities	(251,055)	(2,039,562)	(2,046,358)
Cash Flows From Financing Activities:
Payments on notes payable	(61,923)	(440,471)	(479,092)
Proceeds from Convertible Debt		12,499,998	10,500,000
Proceeds from Issuance of Common Stock			5,560,000
Net cash provided by (used in) in financing activities	(61,923)	12,059,527	15,580,908
Net change in cash and cash equivalents	(8,898,535)	2,016,114	5,329,449
Cash and cash equivalents at beginning of period	10,701,666	8,685,552	3,356,103
Cash and cash equivalents at end of period	1,803,131	10,701,666	8,685,552
Cash Paid For:
Interest	12,839	10,460	23,180
Income Taxes	13,017	1,431	3,841
Supplemental disclosure of noncash investing and financing activities:
Property and equipment financed with note payable		149,129
Construction-in-progress in accounts payable		120,000	299,563
Prepaid insurance financed with note payable	233,940	245,390	233,187
Reclassification of Construction in Progress to building and equipment		$ 3,091,163

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 2,174,748	$ 1,803,131
Accounts receivable	487,893	176,205
Deposits and prepaid expenses	170,914	322,922
Other current receivables		94,647
Total Current Assets	2,833,555	2,396,905
Property and Equipment, net	4,653,188	5,206,825
Deposits	269,342	269,202
Assets Held for Sale	1,000	445,180
Total Other Assets	270,342	714,382
TOTAL ASSETS	7,757,085	8,318,112
Current Liabilities
Accounts payable and accrued liabilities (excluding accrued PIK Note interest)	526,525	742,745
Accrued PIK Note interest	919,913	880,407
Current portion of notes payable	49,040	210,429
Total Current Liabilities	1,495,478	1,833,581
Long-Term Liabilities
Long-term portion of notes payable	22,535	33,688
PIK Notes payable, net of $16,632,757 and $17,572,885 debt discount, respectively	19,727,804	17,051,636
PIK Note derivative	3,856,834	5,138,857
Total Long-Term Liabilities	23,607,173	22,224,181
Total Liabilities	25,102,651	24,057,762
Common stock, $0.001 par value, 200,000,000 shares authorized, 108,376,049 and 97,144,736 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively	108,376	97,145
Additional paid-in capital	68,221,368	66,106,631
Accumulated deficit prior to the exploration stage	(20,009,496)	(20,009,496)
Accumulated deficit during the exploration stage	(65,665,814)	(61,933,930)
Total Stockholders’ Deficit	(17,345,566)	(15,739,650)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$ 7,757,085	$ 8,318,112

Condensed Consolidated Balance8

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014	Nov. 20, 2012
Debt Discount	$ 16,632,757	$ 17,572,885	$ 18,400,297
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.001
Common stock, shares auhorized (in shares)	200,000,000	200,000,000	200,000,000	120,000,000
Common stock, shares issued (in shares)	108,376,049	97,144,736	97,144,736
Common stock, shares outstanding (in shares)	108,376,049	97,144,736	95,054,552

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended									6 Months Ended		12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
PIK Note Derivative Liability [Member]
OTHER INCOME (EXPENSE):
Gain on revaluation of warrant derivative	$ (742,509)			$ 1,313,110						$ 1,291,406	$ 1,220,369	$ 5,328,515	$ 1,470,798	$ (195,000)
REVENUES	1,112,467			65,848						2,114,095	228,595	507,474	234,221	54,825
Production costs	220,970			3,934						476,670	6,170	9,204	49,464	17,244
Exploration costs	584,150			1,291,197						1,111,878	2,618,478	4,245,478	4,626,139	4,551,666
General and administrative	1,066,927			1,247,466						2,250,136	2,429,775	4,857,015	5,195,830	8,569,413
Depreciation expense	338,333			326,684						674,420	652,905	1,312,585	1,164,366	317,570
Total Operating Expenses	2,210,380			2,869,281						4,513,104	5,707,328	10,424,282	11,035,799	13,458,375
Operating Loss	(1,097,913)	$ (2,022,257)	$ (2,415,818)	(2,803,433)	$ (2,675,300)	$ (3,147,929)	$ (2,389,291)	$ (2,712,065)	$ (2,552,293)	(2,399,009)	(5,478,733)	(9,916,808)	(10,801,578)	(13,403,550)
Interest expense, net, including amortization of deferred financing cost and debt discount	(1,356,841)			(1,092,595)						(2,729,261)	(2,121,222)	(4,567,952)	(1,667,285)	(497,187)
Gain on revaluation of warrant derivative													830,000	995,000
Other expense	11,904			(145,958)						104,980	(543,755)	(648,892)	(258,252)	(6,789)
Total Other Income (Expense)	(2,087,446)			74,557						(1,332,875)	(1,444,608)	111,671	485,261	340,024
Net loss	$ (3,185,359)	$ (4,674,752)	$ 1,792,956	$ (2,728,876)	$ (4,194,465)	$ (4,346,638)	$ (2,576,750)	$ (3,035,704)	$ (357,225)	$ (3,731,884)	$ (6,923,341)	$ (9,805,137)	$ (10,316,317)	$ (13,063,526)
Net Loss Per Share (Basic and Diluted) (in dollars per share)	$ (0.03)	$ (0.02)	$ 0.02	$ (0.03)	$ (0.04)	$ (0.05)	$ (0.03)	$ (0.03)	$ 0	$ (0.04)	$ (0.07)	$ (0.10)	$ (0.11)	$ (0.14)
Weighted Average Shares Outstanding (Basic and Diluted) (in shares)	97,889,350			95,653,519						97,556,480	95,381,825	96,033,553	94,895,194	94,303,264

Condensed Consolidated Statem10

Condensed Consolidated Statement of Stockholders' Deficit (Unaudited) - USD ($)	Private Placement [Member]Common Stock [Member]	Private Placement [Member]Additional Paid-in Capital [Member]	Private Placement [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit Prior to Exploration Stage [Member]	Accumulated Deficit During Exploration Stage [Member]	Total
Balance (in shares) at Dec. 31, 2012				90,619,444
Balance at Dec. 31, 2012				$ 90,619	$ 52,634,064	$ (20,009,496)	$ (28,748,950)	$ 3,966,237
Stock Issued During Period, Shares, Issued for Services				269,812
Stock Issued During Period, Value, Issued for Services				$ 270	316,205			316,475
Stock Issued During Period, Shares, New Issues				3,756,757
Stock Issued During Period, Value, New Issues				$ 3,757	5,556,243			5,560,000
Stock-based compensation expense for consultants and directors					4,707,381			4,707,381
Net Income (Loss) Attributable to Parent							(13,063,526)	(13,063,526)
Balance (in shares) at Dec. 31, 2013				94,646,013
Balance at Dec. 31, 2013				$ 94,646	63,213,893	(20,009,496)	(41,812,476)	1,486,567
Stock Issued During Period, Shares, Issued for Services				408,539
Stock Issued During Period, Value, Issued for Services				$ 409	326,860			327,269
Stock-based compensation expense for consultants and directors					865,716			865,716
Net Income (Loss) Attributable to Parent							(10,316,317)	(10,316,317)
Balance (in shares) at Dec. 31, 2014				95,054,552
Balance at Dec. 31, 2014				$ 95,055	64,526,469	(20,009,496)	(52,128,793)	(7,516,765)
Stock Issued During Period, Shares, Issued for Services				1,045,788
Stock Issued During Period, Value, Issued for Services				$ 1,046	378,890			379,936
Stock-based compensation expense for consultants and directors					397,417			397,417
Net Income (Loss) Attributable to Parent							(9,805,137)	(9,805,137)
Balance (in shares) at Dec. 31, 2015				97,144,736
Balance at Dec. 31, 2015				$ 97,145	66,106,631	(20,009,496)	(61,933,930)	(15,739,650)
Stock Issued During Period, Shares, Issued for Services				178,980
Stock Issued During Period, Value, Issued for Services				$ 179	94,164			$ 94,343
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures				118,994				118,994
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures				$ 119	26,461			$ 26,580
Stock Issued During Period, Shares, New Issues	10,933,339		10,933,339
Stock Issued During Period, Value, New Issues	$ 10,933	$ 1,629,067	$ 1,640,000
Stock-based compensation expense for consultants and directors					365,045			365,045
Net Income (Loss) Attributable to Parent							(3,731,884)	(3,731,884)
Balance (in shares) at Jun. 30, 2016				108,376,049
Balance at Jun. 30, 2016				$ 108,376	$ 68,221,368	$ (20,009,496)	$ (65,665,814)	$ (17,345,566)

Condensed Consolidated Statem11

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Directors and Consultants [Member]
Adjustments to reconcile net loss to net cash used in operations
Share-based compensation	$ 365,045	$ 207,598
Employees [Member]
Adjustments to reconcile net loss to net cash used in operations
Share-based compensation	26,580	0
Net loss	(3,731,884)	(6,923,341)
Depreciation	674,420	652,905
Amortization of discount - PIK Notes	949,513	507,116
Amortization of deferred financing costs	3,750	3,750
Issuance of PIK Notes in payment of interest	1,732,289	578,813
Stock issued for director fees and other services	94,343	215,961
Shares issued for liquidated damages	0	541,011
Gain on revaluation of PIK Note derivative	(1,291,406)	(1,220,369)
Gain on sale of property	(108,764)	0
Change in operating assets and liabilities:
Accounts receivable	(311,688)	88,620
Other current receivables	94,647	0
Deposits and prepaid expenses	151,868	133,949
Accounts payable and accrued liabilities	(176,715)	482,812
Net cash used in operating activities	(1,528,002)	(4,731,175)
Cash Flows From Investing Activities:
Sale of property	552,944	0
Purchases of property and equipment	(120,783)	(17,995)
Net cash provided by (used in) investing activities	432,161	(17,995)
Cash Flows From Financing Activities:
Payments on notes payable	(172,542)	(203,440)
Proceeds from sale of common stock	1,640,000	0
Net cash provided by (used in) in financing activities	1,467,458	(203,440)
Net change in cash and cash equivalents	371,617	(4,952,610)
Cash and cash equivalents at beginning of period	1,803,131	10,701,666
Cash and cash equivalents at end of period	2,174,748	5,749,056
Cash Paid For:
Interest	4,204	5,974
Income Taxes	$ 0	$ 0

Note 1 - Organization and Descr

Note 1 - Organization and Description of Business	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 2 – ORGANIZATION AND DESCRIPTION OF BUSINESS Applied Minerals 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 mining and selling its DRAGONITE TM TM 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 1 – 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 respects to uses of halloysite clay and iron oxide. Applied Minerals, Inc. 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 2 - Liquidity and Basis of

Note 2 - Liquidity and Basis of Presentation	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
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 six months ended June 30, 2016, the Company's net loss was $3,731,884 and cash used in operating activities was $1,528,002. At June 30, 2016, the Company had working capital of $1,338,077, which includes $919,913 of accrued PIK Note interest, which the Company expects to pay in-kind and $167,841 of payables for which the Company believes it has a statute of limitations defense. In addition, during the six months ended June 30, 2016, the Company commenced generating revenue under a take-or-pay supply agreement for AMIRON iron oxide and reduced exploration costs related to activities at the Dragon mine. Based on the Company’s cash balance at June 30, 2016 and its cash usage expectations, it believes it will have sufficient liquidity to fund its operations for at least the next 12 months. On June 24, 2016, the Company raised $1.64 million through the private placement of 10,933,333 units at $0.15 per unit. Attached to each unit sold was one share of common stock and a five-year warrant to purchase 0.3 shares of the Company’s common stock. As a result of the sale, the Company issued 10,933,339 shares of common stock and warrants to purchase 3,280,000 shares of common stock at $0.25 per share. The warrants have a term of five years and do not contain a provision that allows for a cashless exercise.	NOTE 2 - LIQUIDITY AND BASIS OF PRESENTATION The accompanying consolidated financial statements have been prepared on a going concern basis. The Company has incurred recurring losses from operations and used cash in operating activities while in the process of developing and commercializing halloysite clay and iron oxide. For the year ended December 31, 2015, the Company’s net loss was $9,805,137 and cash used in operating activities was $8,585,557. At December 31, 2015, the Company has working capital of $563,324, which may not be sufficient to fund its operations for the next twelve months after giving consideration to management’s plans and the transactions discussed below. In addition, the Company last obtained financing in November 2014 of $12,500,000 through the private placements of convertible notes; however, the Company cannot provide any assurance that it will be able to raise additional capital if needed. Collectively these factors raise substantial doubt regarding the Company’s ability to continue as going concern. On November 2, 2015 , the Company announced that it entered into a 5-year take-or-pay supply agreement. An initial purchase order of $5 million worth of AMIRON products was received and was to be delivered over the course of 18 months with deliveries commencing on December 1, 2015. On November 2, 2015, the Company announced that it had begun the implementation of a number of cost-saving initiatives to strengthen its operational model and enhance its liquidity position as it executes the next steps of its strategy to penetrate the application markets for both its DRAGONITE halloysite clay and AMIRON iron oxide products. The savings realized from these initiatives are anticipated to be derived from efficiencies realized from all aspects of the business, both corporate and operational, putting the Company in a stronger position to execute on its current business and pipeline of opportunities. The Company anticipates that these cost savings actions are expected to reduce the fixed component of annual expenses from $9.0 million to under $6.0 million. On December 15, 2015, the Company, through an auction held in Coeur D’Alene, Idaho, offered for sale four non-core real estate totaling approximately 1,017 acres located throughout the Silver Valley region of Idaho. In January, 2016, three of the four properties sold for total gross proceeds of $172,948. Net proceeds received by the Company were $155,187. On March 23, 2016, the Company entered into an agreement to sell the fourth property for gross proceeds of $418,000. Net proceeds to the Company are expected to be $380,000, adjusted for a 10% buyers premium paid to the auction firm, J.P. King. Based on the Company’s current cash usage expectations for 2016, it believes it will have sufficient liquidity to fund its operations for at least the next 12 months only if (i) it successfully accelerates the fulfillment of the aforementioned take-or-pay agreement to December 2016; (ii) implements its cost-cutting initiatives; and (iii) during 2016, closes the sale of its Mullan, Idaho property. However, the Company can provide no assurances that these initiatives will succeed. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company not be able to continue as a going concern.

Note 3 - Summary of Significant

Note 3 - Summary of Significant Accounting Policies	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 4 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Exploration-Stage Company From 1997 through 2008, the Company’s sole source of revenue and income was derived from its contract mining business through which it provided shaft sinking, underground mine development and mine labor services. At December 31, 2008, the Company discontinued its contract mining efforts due to economic conditions and the desire to concentrate its efforts on the commercialization of the halloysite clay deposit at the Dragon Mine. Effective January 1, 2009, the Company was, and still is, classified as an exploration company as the existence of proven or probable reserves have 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 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. No allowance was required at June 30, 2016 and 2015. Property and Equipment Property and equipment are carried at cost less accumulated depreciation. Depreciation is computed on the straight-line method over the estimated useful lives of the assets as follows: Estimated Useful Life (in years) Building and Building Improvements 5 – 40 Mining equipment 2 – 7 Office and shop furniture and equipment 3 – 7 Vehicles 5 Depreciation expense for the three months ended June 30, 2016 and 2015 totaled $338,333 and $326,684, respectively. Depreciation expense for the six months ended June 30, 2016 and 2015 totaled $674,420 and $652,905, respectively. The Company currently does not capitalize any amounts to its mineral resources and therefore does not have any depletion expense. Fair Value ASC Topic 820, Fair Value Measurement and Disclosures 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 June 30 , 201 6 December 31, 201 5 Financial instruments: Series 2023 PIK Note Derivative $ -0- $ -0- $ 230,329 $ 230,329 $ 262,764 Series A PIK Note Derivative $ -0- $ -0- $ 3,626,505 $ 3,626,505 $ 4,876,093 The following table summarizes the activity for financial instruments at fair value using Level 3 inputs: Balance at December 31, 2015 $ 5,138,857 Issuance of additional PIK Notes 9,383 Net unrealized gains included in net (loss) (1,291,406 ) Balance at June 30, 2016 $ 3,856,834 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 June 30, 2016 and December 31, 2015 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 approximates fair value. Estimated fair values of the PIK Notes Payable approximate $23,463,323 and $21,789,259, respectively, at June 30, 2016 and December 31, 2015 (based on Level 2 inputs). For the Company's 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 June 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.18 $ 0.28 Exercise price $ 1.28 $ 1.36 Term (years) 7.08 7.58 Dividend yield $ -0- $ -0- Expected volatility 86.0 % 72.9 % Risk-free interest rate 1.30 % 2.12 % Series A PIK Note derivative liability Fair Value Measurements Using Inputs June 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.18 $ 0.28 Exercise price $ 0.83 $ 0.92 Term (years) 7.08 7.58 Dividend yield $ -0- $ -0- Expected volatility 86.0 % 72.9 % Risk-free interest rate 1.30 % 2.12 % 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 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 is 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. 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 June 30, 2016, 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 June 30, 2016 and 2015, respectively, is calculated based on 97,889,350 and 95,653,519 weighted average outstanding shares of common stock. Loss per share for the six months ended June 30, 2016 and 2015, respectively, is calculated based on 97,556,480 and 95,381,825 weighted average outstanding shares of common stock. At June 30, 2016 and 2015, respectively, the Company had outstanding options and warrants to purchase 24,276,950 and 18,929,402 shares of Company common stock, and had notes payable which were convertible into 38,676,225 and 31,590,709 shares, respectively, of the Company common stock, none of which were included in the diluted computation as their effect would be anti-dilutive. Loss per share for the three months ended June 30, 2016 and 2015, respectively, is calculated based on 97,889,350 and 95,653,519 weighted average outstanding shares of common stock. Loss per share for the six months ended June 30, 2016 and 2015, respectively, is calculated based on 97,556,480 and 95,381,825 weighted average outstanding shares of common stock. At June 30, 2016 and 2015, respectively, the Company had outstanding options and warrants to purchase 24,276,950 and 18,929,402 shares of Company common stock, and had notes payable which were convertible into 38,676,225 and 31,590,709 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, it does not believe that any reclamation or remediation liability exists at June 30, 2016. Recent Accounting Pronouncements In March 2016, the FASB issued Accounting Standards Update No. 2016-09, Improvements to Employee Share-Based Payment Accounting, that changes the accounting for certain aspects of share-based payments to employees. The guidance requires the recognition in the income statement of the income tax effects of vested or settled awards. The guidance also allows for the employer to repurchase more of an employee’s shares for tax withholding purposes and not classify the award as a liability that requires valuation on a mark-to-market basis. In addition, the guidance allows for a policy election to account for forfeitures as they occur rather than on an estimated basis. The guidance is effective in 2017 with early adoption permitted. The Company is currently evaluating the effect that the new guidance will have on its financial statement and related disclosures. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases, which is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018 with early adoption permitted. Under Accounting Standards Update 2016-02, lessees will be required to recognize for all leases at the commencement date a lease liability, which is a lessee's obligation to make lease payments arising from a lease measured on a discounted basis, and a right-to-use asset, which is an asset that represents the lessee's right to use or control the use of a specified asset for the lease term. The Company is currently evaluating the effect that the new guidance will have on its financial statements and related disclosures. In November 2015, FASB issued Accounting Standards Update 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. Accounting Standards Update 2015-17 simplifies current guidance and requires companies to classify all deferred tax assets and liabilities as noncurrent on the balance sheet. Accounting Standards Update 2015-17 can be applied either prospectively or retrospectively and is effective for periods beginning after December 15, 2016, with early adoption permitted. The Company does not anticipate the new guidance will have a material effect on its financial statements and related disclosures. In April 2015, the FASB issued an ASU 2015-03, 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 2017 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 financial statements and related disclosures. In May 2014, the FASB issued new accounting guidance, Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. Accounting Standards Update No. 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted for fiscal years and interim periods within those years beginning after December 15, 2016, the original effective date of the standard. The Company does not anticipate the new guidance will have a material effect on its financial statements and related disclosures. In May 2014, the FASB issued new accounting guidance, Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. Accounting Standards Update No. 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted for fiscal years and interim periods within those years beginning after December 15, 2016, the original effective date of the standard. The Company does not anticipate the new guidance will have a material effect on its financial statements and related disclosures. Comparative Information We have reclassified certain prior year information to conform with the current year's presentation.	NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Exploration-Stage Company From 1997 through 2008, the Company’s sole source of revenue and income was derived from its contract mining business through which it provided shaft sinking, underground mine development and mine labor services. At December 31, 2008, the Company discontinued its contract mining efforts due to economic conditions and the desire to concentrate its efforts on the commercialization of the halloysite clay deposit at the Dragon Mine. Effective January 1, 2009, the Company was, and still is, classified as an exploration company as the existence of proven or probable reserves have 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, which holds 100 acres of timber and mineral property 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 consolidated financial statements, the warrant and PIK note derivative liabilities, stock compensation, impairment of long-lived assets and valuation allowance on income taxes 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 maturity 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. No allowance was required at December 31, 2015 and 2014. Property and Equipment Property and equipment are carried at cost net of accumulated depreciation and amortization. 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 Depreciation expense for the years ended December 31, 2015, 2014 and, 2013 totaled $1,312,585, $1,164,366, and $317,570, respectively. 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 that there is an 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 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 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 full valuation allowance has been provided for the Company’s net deferred tax assets as it is more likely than not that they will not be realized. Authoritative guidance provides that the tax effects from an uncertain tax position taken or expected to be taken in a tax return 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 December 31, 2015 no benefit from uncertain tax positions was recognized in our financial statements. The Company has elected to classify interest and/or penalties related to income tax matters in income tax expense. 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. The Company instituted a formal long-term and short-term incentive plan on November 20, 2012, which was approved by its shareholders. Prior to that date, we did not have a formal equity plan, but all equity grants, including stock options and warrants, were approved by our Board of Directors. We determine the fair value of the stock-based compensation awards granted to non-employees as either the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. If the fair value of the equity instruments issued is used, it is measured using the stock price and other measurement assumptions as of the earlier of either of (1) the date at which a commitment for performance by the counterparty to earn the equity instruments is reached, or (2) the date at which the counterparty’s performance is complete. Beginning in the quarter ended June 30, 2013 the Company began using the simplified method to determine the expected term for any options granted because the Company did not have sufficient historical exercise data to provide a reasonable basis upon which to estimate expected term. The Company previously utilized the contractual term as the expected term. 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, it does not believe that any reclamation or remediation liability exists at December 31, 2015. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued new accounting guidance, Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. Accounting Standards Update No. 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted, but not before the original effective date of the standard. The Company is currently evaluating the impact of the new guidance on our consolidated financial statements. On June 2014, the FASB issued ASU No. 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period, which clarifies that entities should treat performance targets that can be met after the requisite service period of a share-based payment award as performance conditions that affect vesting. Under the ASU, an entity would not record compensation expense related to an award for which transfer to the employee is contingent on the entity’s satisfaction of a performance target until it becomes probable that the performance target will be met. The adoption of this ASU will be required, either on a retrospective basis or prospective basis, beginning with the quarter ending March 31, 2016. The adoption of this ASU is not expected to have a material impact on our consolidated financial statements. In August 2014, the FASB issued ASU No. 2014-15, “Presentation of Financial Statements – Going Concern (Subtopic 205-10): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern” (“ASU 2014-15”) ASU 2014-15 is intended to define management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. Specifically, ASU 2014-15 provides a definition of the term substantial doubt and requires an assessment for a period of one year after the date the financial statements are issued. It also requires certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans and requires an express statement and other disclosures when substantial doubt is not alleviated. The new standard will be effective for reporting periods beginning after December 15, 2016 with early adoption permitted. Management is currently evaluating the impact of the adoption of ASU 2014-14 on our financial disclosures. In April 2015, the FASB issued an ASU 2015-03, 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 balance sheets. In February 2016, the FASB issued ASU No. 2016-02, Leases, which is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018 with early adoption permitted. Under Accounting Standards Update 2016-02, lessees will be required to recognize for all leases at the commencement date a lease liability, which is a lessee's obligation to make lease payments arising from a lease measured on a discounted basis, and a right-to-use asset, which is an asset that represents the lessee's right to use or control the use of a specified asset for the lease term. The Company is currently evaluating the effect that the new guidance will have on its financial statements and related disclosures.

Note 4 - Property and Equipment

Note 4 - Property and Equipment	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	NOTE 4 – PROPERTY AND EQUIPMENT The following is a summary of property, plant, and equipment – at cost, less accumulated depreciation: 2015 2014 Land (a) $ 500,000 $ 945,180 Land improvements 164,758 164,758 Buildings 3,116,515 3,308,465 Mining equipment 1,697,583 1,684,197 Milling equipment 2,702,969 2,620,300 Laboratory equipment 594,451 594,451 Office equipment 69,625 72,174 Vehicles 148,673 148,673 8,994,574 9,538,198 Less: Accumulated depreciation 3,787,749 2,482,324 Total $ 5,206,825 $ 7,055,874 (a) Includes the Dragon Mine with a carrying value of $500,000 and in 2014 also includes the Atlas Mine near Mullan, Idaho with a carrying value of $445,180 (See Note 5).

Note 5 - Asset Held for Sale

Note 5 - Asset Held for Sale	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Asset Held for Sale [Text Block]	NOTE 5 – ASSETS HELD FOR SALE During the third quarter of 2015, the Company reclassified its non-core Atlas Mine properties, located in and around Mullan, Idaho, from property and equipment to assets held for sale as the Company began exploring various strategic options to further monetize the value of the land and any associated mineral resources. In December 2015, the Company put four parcels owned in Idaho up for auction. Three of the four properties sold but settled in January 2016 for a gross sales price of $172,948. The Company received net process of $155,187, net of $17,761 of selling expenses. On March 23, 2016, the Company entered into an agreement to sell the fourth parcel for gross proceeds of $418,000. Net proceeds to be received by the Company are expected to be $380,000, adjusted for a 10% buyer’s premium paid to the auction house, J.P. King. At year-end, the carrying value of the parcels was tested for impairment, noting fair value exceeded the carrying value of $445,180 and therefore no impairment was necessary.

Note 6 - Fair Value Measurement

Note 6 - Fair Value Measurement and Financial Instruments	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 6 – FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS ASC Topic 820, Fair Value Measurement and Disclosures ● 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 December 31, 2015 December 31, 2014 Financial instruments: Series 2023 Note Derivative $ -0- $ -0- $ 262,764 $ 262,764 $ 478,149 Series A Note Derivative $ -0- $ -0- $ 4,876,093 $ 4,876,093 $ 9,557,476 The following table summarizes the activity for financial instruments at fair value using Level 3 inputs for 2015 and 2014: 2015 2014 Balance at beginning of year $ 10,035,625 $ 0 Transfer to Level 3 0 2,250,000 Issuance of additional Series 2023 Notes 36,665 44,138 Issuance of additional Series A Notes 395,082 9,212,285 Net unrealized gain included in operations (5,328,515 ) (1,470,798 ) Balance at December 31, 2015 $ 5,138,857 $ 10,035,625 The recorded value of certain financial assets and liabilities, which consist primarily of cash and cash equivalents, receivables, and accounts payable and accrued expenses approximate their fair value at December 31, 2015 and 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 approximate fair value. The estimated fair value of the PIK Notes Payable was approximately $21,800,000 and $27,500,000 at December 31, 2015 and 2014 (Level 3), respectively. 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 Note derivative liability Fair Value Measurements Using Inputs December 31, 2015 December 31, 2014 Market price and estimated fair value of stock $ 0.28 $ 0.73 Exercise price $ 1.36 $ 1.33 Term (years) 7.58 8.58 Dividend yield $ -0- $ -0- Expected volatility * 72.9 % 52.0 % Risk-free interest rate 2.12 % 2.08 % Series A Note derivative liability Fair Value Measurements Using Inputs December 31, 2015 December 31, 2014 Market price and estimated fair value of stock $ 0.28 $ 0.73 Exercise price $ 0.92 $ 0.92 Term (years) 2.82 3.83 Dividend yield $ -0- $ -0- Expected volatility 72.9 % 52.0 % Risk-free interest rate 2.12 % 2.08 % * During the first quarter of 2014, the Company revised its assumption for expected volatility by switching from a peer-group average volatility to the Company’s three-year historical volatility in measuring the value of the derivative liabilities mentioned above. Prior to 2011, the occurrence of certain corporate events would not have made the historical volatility calculations meaningful or accurate if included. This reduction in volatility led to a reduced valuation for both the Warrant and Series 2023 Note derivative liabilities of approximately $118,500 and $126,000, respectively, in 2014 . The remaining decrease in the valuation is attributable to the decline in stock price.

Note 7 - Notes Payable

Note 7 - Notes Payable	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 6 - NOTES PAYABLE Notes payable at June 30, 2016 and December 31, 2015 consist of the following: June 30, 2016 December 31, 2015 Note payable for mining equipment, payable $950 monthly, including interest (a) $ - 0 - $ 3,714 Note payable for equipment, payable $1,339 monthly, including interest (b) 35,226 42,235 Note payable for mine site vehicle, payable $628 monthly (c) 9,426 13,196 Note payable to an insurance company, payable $9,055 monthly, including interest (d) 8,804 60,953 Note payable to an insurance company, payable $18,609 monthly, including interest (e) 18,119 124,019 71,575 244,117 Less: Current Portion (49,040 ) (210,429 ) Notes Payable, Long-Term Portion $ 22,535 $ 33,688 (a) 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. (b) On October 31, 2014, the Company purchased mining equipment for $65,120 by paying a deposit and issuing a note in the amount of $57,900 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. (c) 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. (d) The Company signed a note payable with an insurance company dated October 21, 2015 for liability insurance, due in monthly installments, including interest at 11.845%. (e) The Company signed a note payable with an insurance company dated October 17, 2015 for liability insurance, due in monthly installments, including interest at 3.000%. The following is a schedule of the principal maturities on these notes as of June 30, 2016: July 2016 - June 2017 $ 49,040 July 2017 - June 2018 18,554 July 2018 - June 2019 3,981 Total Notes Payable $ 71,575 During the three and six months ended June 30, 2016, the Company's interest payment related to these notes totaled $2,909 and $4,204, respectively. During the three and six months ended June 30, 2015, the Company's interest payments related to these notes totaled $1,776 and $5,974, respectively.	Notes payable at December 31, 2015 and 2014 consist of the following: December 31, 2015 2014 Note payable for mining equipment, payable $950 monthly, including interest (a) $ 3,714 $ 14,057 Note payable for mining equipment, payable $6,060 monthly, including interest (b) -- 6,033 Note payable for equipment, payable $9,122 monthly, including interest (c) -- 18,246 Note payable for equipment, payable $1,339 monthly, including interest (d) 42,235 55,720 Note payable for mine site vehicle, payable $628 monthly (e) 13,196 20,736 Note payable to an insurance company, payable $21,531monthly, including interest (f) -- 149,036 Note payable to an insurance company, payable $6,094 monthly, including interest (g) -- 42,211 Note payable to an insurance company, payable $9,055 monthly, including interest (h) 60,953 -- Note payable to an insurance company, payable $18,609 monthly, including interest (i) 124,019 -- 244,117 306,039 Less: Current Portion (210,429 ) (246,894 ) Notes Payable, Long-Term Portion $ 33,688 $ 59,145 (a) 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. (b) 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. (c) On April 1, 2014, the Company purchased lab equipment for $109,493 by paying deposit 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 November 2014. (d) On October 31, 2014, the Company purchased mining equipment for $65,120 by paying deposit and issuing a note in the amount of $57,900 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. (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 17, 2014 for directors' and officers' insurance, due in monthly installments, including interest at 3.15%. The note matured in June 2015 and was repaid. (g) The Company signed a note payable with an insurance company dated October 17, 2014 for liability insurance, due in monthly installments, including interest at 4.732%. The note matured in July 2015 and was repaid. (h) The Company signed a note payable with an insurance company dated October 21, 2015 for liability insurance, due in monthly installments, including interest at 11.845%. (i) The Company signed a note payable with an insurance company dated October 17, 2015 for liability insurance, due in monthly installments, including interest at 3.000%. The following is a schedule of the principal maturities on these notes as of December 31, 2015: 2016 $ 210,429 2017 20,615 2018 13,073 Total Notes Payable $ 244,117 During the 2015 and 2014, the Company's interest payments totaled $12,839 and $10,460, respectively.

Note 8 - Convertible Debt (PIK

Note 8 - Convertible Debt (PIK Notes)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
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 Inception Date 08/05/2013 11/03/2014 Cash Received $10,500,000 $12,500,000 Principal (Initial Liability) $10,500,000 $19,848,486 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 anti-dilution provisions/down-round protection $0.92 at inception, adjusted downward based on anti-dilution provisions/down-round protection; also may be reduced by $0.10 based 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 anti-dilution provisions; revalued every quarter using Monte Carlo model $9,212,285 established at inception due to existence of anti-dilution provisions; revalued every quarter using Monte Carlo model As of June 30, 2016, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 13,400,958 $ 22,977,103 $ 36,378,061 Less: Discount (1,791,109 ) (14,841,648 ) (16,632,757 ) Less: Deferred Financing Cost (6,650 ) (10,850 ) (17,500 ) PIK Note Payable, Net $ 11,603,199 $ 8,124,605 $ 19,727,804 PIK Note Derivative Liability $ 230,329 $ 3,626,505 $ 3,856,834 As of December 31, 2015, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 12,762,816 $ 21,882,955 $ 34,645,771 Less: Discount (1,854,894 ) (15,717,991 ) (17,572,885 ) Less: Deferred Financing Cost (7,828 ) (13,422 ) (21,250 ) PIK Note Payable, Net $ 10,900,094 $ 6,151,542 $ 17,051,636 PIK Note Derivative Liability $ 262,764 $ 4,876,093 $ 5,138,857 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: ● Maturity ● Exercise Price ● Stated Interest provided ● Specified Event second anniversary ● Extension Option ● Liquidated Damages ● The number of shares issuable under the Notes may be affected by the anti-dilution provisions of the Notes. The antidilition 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 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 $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. In May 2015, November 2015 and May 2016, the Company issued $992,424, $1,042,045, and $1,094,148, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. At June 30, 2016, the fair value of the Series A PIK Note Derivative was estimated to be $3,626,505, which includes the value of the additional PIK Notes issued in May 2015, November 2015, and May 2016 for the semi-annual interest payments due. The change in the fair value of the derivative represents a decrease in valuation of $5,585,780 from the November 3, 2014 inception date. At June 30, 2016, the fair value of the Series A PIK Note Derivative was estimated to be $3,626,505, which includes the value of the additional PIK Notes issued in May 2015, November 2015, and May 2016 for the semi-annual interest payments due. The change in the fair value of the derivative represents a decrease in valuation of $5,585,780 from the November 3, 2014 inception date. 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 2016, August 2015 and February 2015, the Company issued $638,141, $607,753 and $578,812, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. In February 2014 and August 2014, the Company issued $525,000 and $551,250, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. The Series 2023 Notes convert into the Company’s common stock at a conversion price of $1.40 per share, which is subject to customary anti-dilution adjustments; these anti-dilution adjustments reduced the conversion price to $1.36 after the issuance of the Series A Notes and then to $1.28 after the issuance of 10,933,333 units for proceeds of $1.64 million on June 24, 2016. As of issuance, principal amount of the Series 2023 Notes were convertible into 7,500,000 shares of the common stock, into 7,720,588 shares after the issuance of the Series A Notes and 8,203,125 shares of common stock after the issuance of the 10,933,333 units.. 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 December 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 June 30, 2016, the fair value of the PIK Note Derivative was estimated to be $230,329, which includes the value of the additional PIK Notes issued in February 2016, August 2015, February 2015, August 2014 and February 2014 for the semi-annual interest payments due. The change in the fair value of the derivative represents a decrease in valuation of $1,824,671 from the August 2, 2013 inception date.	NOTE 8 – 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 Inception Date 08/05/2013 11/03/2014 Cash Received $10,500,000 $12,500,000 Principal (Initial Liability) $10,500,000 $19,848,486 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 anti-dilution provisions/downround protection $0.92 at inception, adjusted downward based on anti-dilution provisions/down-round protection; also may be reduced by $0.10 based 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 a Specified Event occurs Derivative Liability $2,055,000 established at inception due to the existence of down-round protection; revalued every quarter using Monte Carlo model $9,212,285 established at inception due to existence of down-round protection; revalued every quarter using a Monte Carlo model As of December 31, 2015, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 12,762,816 $ 21,882,955 $ 34,645,771 Less: Discount (1,854,894 ) (15,717,991 ) (17,572,885 ) PIK Note Payable, Net $ 10,907,922 $ 6,164,964 $ 17,072,886 PIK Note Derivative Liability $ 262,764 $ 4,876,093 $ 5,138,857 As of December 31, 2014, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: 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: ● Maturity ● Exercise Price ● Stated Interest provided ● Specified Event second anniversary ● Extension Option ● Liquidated Damages T The Series A Notes are mandatorily convertible by the Company at any time that is two years after issuance only if either of the following conditions exist: (A) (i) the maturity date of the Series A Notes has not been extended, (ii) the VWAP over the preceding 10 trading days is at or in excess of $1.00 per share, (iii) the closing market price of the common stock is at or in excess of $1.00 per share on the day before a mandatory conversion notice is issued, (iv) all outstanding amounts, if any, of the Series 2023 Notes or replacement financing for the Series 2023 Notes have been converted into common stock and (v) a registration statement is effective or a holder of the Series A Notes may sell the conversion shares under Rule 144 or 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 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 $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. In May 2015 and November 2015, the Company issued $992,424 and $1,042,045, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. At December 31, 2015, the fair value of the Series A Note Derivative was estimated to be $4,876,093, which includes the value of the derivative related to the additional PIK Notes issued in May and November 2015 for the semi-annual interest payments due. During the year ended December 31, 2015, the Company amortized $732,751 of debt discount relating to the Series A Notes Payable and issued additional PIK Notes in lieu of interest payments of $2,034,469, increasing the Series A Notes Payable carrying value to $6,164,964 as of December 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 2015 and August 2015, the Company issued $578,813 and $607,753, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. In February 2014 and August 2014, the Company issued $525,000 and $551,250, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. The Series 2023 Notes convert into the Company’s common stock at a conversion price of $1.40 per share, which is subject to customary anti-dilution adjustments; these anti-dilution 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 December 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 December 31, 2015, the fair value of the PIK Note Derivative was estimated to be $262,764, which includes the value of the derivative related to additional PIK Notes issued 2015 and 2014 for the semi-annual interest payments due. During 2015, the Company recorded $36,665 of additional debt discount from the February and August 2015 issuances above, and also amortized $131,326 of debt discount relating to the Series 2023 Notes Payable, resulting in a total debt discount of $1,854,894 as of December 31, 2015, and increasing the Series 2023 Notes Payable carrying value to $10,907,922 as of December 31, 2015.

Note 9 - Stockholders' Equity

Note 9 - Stockholders' Equity	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE 8 - STOCKHOLDERS' EQUITY Preferred Stock The Company is authorized to issue 10,000,000 shares of nonconvertible preferred stock, $0.001 par value per share. At June 30, 2016 and December 31, 2015, no shares of preferred stock were outstanding. Common Stock The Company is authorized to issue up to 200,000,000 shares, $0.001 par value per share. At June 30, 2016 and December 31, 2015, 108,376,049 and 97,144,736 shares were issued and outstanding, respectively. During the six months ended June 30, 2016, the Company issued a total of 185,959 shares of common stock valued at $45,094 to directors and consultants as payments of fees. An additional 118,994 shares, valued at $26,580, were issued to employees in lieu of cash compensation. During the six months ended June 30, 2016, the Company issued 10,933,339 units valued at $1,640,000 as part of a private placement. Each unit consisted of one share of common stock and one warrant to purchase 0.3 shares of common stock at $0.25 per share. The Company received $1,640,000 in proceeds and no commissions were paid. During the six months ended June 30, 2016, the Company issued 10,933,339 units valued at $1,640,000 as part of a private placement. Each unit consisted of one share of common stock and one warrant to purchase 0.3 shares of common stock at $0.25 per share. The Company received $1,640,000 in proceeds and no commissions were paid.	NOTE 9 – 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 December 31, 2015 and 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 December 31, 2015 and 2014, 97,144,736 and 95,054,552 shares were issued and outstanding, respectively. 2015 During 2015 the Company issued a total of 1,045,788 shares of common stock valued at $379,936 to directors and consultants as payments of fees. 2 01 4 During 2014 the Company issued a total of 408,539 shares of common stock valued at $327,269 to directors and consultants as payments of fees. 2013 During 2013 the Company issued a total of 269,812 shares of common stock valued at $316,475 to directors and consultants as payments of fees. In addition, on January 23, 2013 the Company sold, in a privately negotiated transaction, 3,756,757 shares of its common stock at $1.48 per share for gross proceeds of $5,560,000. No broker was used and no commission was paid as part of this transaction.

Note 10 - Options and Warrants

Note 10 - Options and Warrants to Purchase Common Stock	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
Options And Warrants To Purchase Common Stock [Text Block]	NOTE 9 - OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK Outstanding Stock Warrants A summary of the status of the warrants outstanding and exercisable at June 30, 2016 is presented below: Warrants Outstanding and Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (years) Weighted Average Exercise Price $ 0.25 3,283,283 5.00 $ 0.25 $ 1.15 461,340 4.83 $ 1.15 $ 2.00 54,367 0.09 $ 2.00 3,798,990 4.91 $ 0.38 No warrants were issued during 2015 or the first quarter of 2016. On June 24, 2016 the Company sold 10,933,333 units at $0.15 per unit. The sale of the units included the issuance of warrants to purchase 3,283,283 shares of common stock. Each warrant has an exercise price of $0.25 per share and a term of five years. The intrinsic value of the outstanding warrants was $0 at June 30, 2016. No warrants were issued during 2015 or the first quarter of 2016. On June 24, 2016 the Company sold 10,933,333 units at $0.15 per unit. The sale of the units included the issuance of warrants to purchase 3,283,283 shares of common stock. Each warrant has an exercise price of $0.25 per share and a term of five years. The intrinsic value of the outstanding warrants was $0 at June 30, 2016. 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. On May 11, 2016, the Board of Directors has adopted the 2016 Long Term Incentive Plan (the “Plan”). The Plan, administered by the Compensation Committee of the Board allows for the following types of incentive awards: stock options, stock appreciation rights, restricted stock, performance shares, performance units or other stock-based award. Such awards may be issued to employees, consultants and non-employee directors. The aggregate number of shares of common stock that may be issued or used for reference purposes with respect to which awards may be granted under the Plan shall not exceed two million. 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 six months ended June 30, 2016 and 2015 were as follows on a weighted average basis: The significant assumptions relating to the valuation of the Company's options issued for the six months ended June 30, 2016 and 2015 were as follows on a weighted average basis: 2016 2015 Dividend Yield 0 % 0 % Expected Life (years) 5.0 5.6 Expected Volatility 83.4 % 51.0 % Risk Free Interest Rate 1.20 % 1.47 % A summary of the status and changes of the options granted under stock option plans and other agreements for the six months ended June 30, 2016 is as follows: June 30, 2016 Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life * Outstanding at beginning of period 17,806,472 $ 1.00 Issued 2,671,488 0.26 Exercised - 0 - - 0 - Forfeited - 0 - - 0 - Outstanding at end of period 20,477,960 $ 0.92 4.54 Exercisable at end of period 19,271,284 $ 0.92 4.54 * Measured in years During the six months ended June 30, 2016, the Company granted 2,671,488 options to purchase the Company’s common stock with a weighted average exercise price of $0.26 and the following vesting schedule. The weighted-average grant-date fair value of options granted during the first half of 2016 was $0.10. Compensation expense of $238,064 and $107,660 has been recognized for the vested options for the three months ended June 30, 2016 and 2015, respectively, and $365,045 and $207,598 for the six months ended June 30, 2016 and 2015, respectively. The aggregate intrinsic value of the outstanding options at June 30, 2016 was $0. At June 30, 2016, $328,745 of unamortized compensation expense for unvested options is expected to be recognized over the next 1.27 years on a weighted average basis. Compensation expense of $238,064 and $107,660 has been recognized for the vested options for the three months ended June 30, 2016 and 2015, respectively, and $365,045 and $207,598 for the six months ended June 30, 2016 and 2015, respectively. The aggregate intrinsic value of the outstanding options at June 30, 2016 was $0. At June 30, 2016, $328,745 of unamortized compensation expense for unvested options is expected to be recognized over the next 1.27 years on a weighted average basis.	NOTE 10 – 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 anti-dilution provisions the notes contain 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) was recorded as a liability in the balance sheet until they were canceled. 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 8, during August 2013, the Company issued $10,500,000 of 10% mandatorily convertible Series 2023 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 a $120,000 credit to equity. During 2014 and 2013, the Company recorded other income of $830,000 and $995,000, respectively, resulting from the changes in the fair value of the warrant liability, mainly due to a lower stock price and a change in the volatility utilized by the Company. Outstanding Stock Warrants A summary of the status of the warrants outstanding and exercisable at December 31, 2015 is presented below: Warrants Outstanding and Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (years) Weighted Average Exercise Price $ 0.78 213,402 0.09 $ 0.78 $ 1.15 461,340 5.33 $ 1.15 $ 2.00 54,367 0.59 $ 2.00 729,109 3.44 $ 1.11 During 2015, warrants to acquire 443,821 shares of common stock expired. No warrants were issued during 2013, 2014 and 2015. 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 2015 and 2014 were as follows on a weighted average basis: 2015 2014 Dividend Yield 0 % 0 % Expected Life (in years) 7.00 5.5 Expected Volatility 72.9 % 56.1 % Risk Free Interest Rate 2.00 % 1.79 % A summary of the status and changes of the options granted under stock option plans and other agreements for 2015 and 2014 is as follows: December 31, 2015 December 31, 2014 Weighted Weighted Average Average Shares Exercise Price Shares Exercise Price Outstanding at beginning of period 17,053,116 $ 1.02 15,878,116 $ 1.03 Issued 1,138,356 0.63 1,175,000 0.84 Exercised -- -- -- -- Forfeited (235,000 ) $ 0.77 -- -- Outstanding at end of period 17,956,472 $ 1.00 17,053,116 $ 1.02 During the year ended December 31, 2015, the Company granted 1,138,356 options to purchase the Company’s common stock with a weighted average exercise price of $0.63. Of the 1,138,356 options granted, the options vest as follows: Vesting Information Shares Frequency Begin Date End Date 200,000 Immediately 2/12/2015 2/12/2015 38,356 Immediately 4/15/2015 4/15/2015 100,000 Monthly 4/7/2015 4/7/2016 100,000 Monthly 9/16/2015 9/16/2016 200,000 Annually 2/5/2015 2/5/2018 350,000 Annually 6/1/2015 6/1/2018 150,000 Annually 11/10/2015 11/10/2018 A summary of the status of the options outstanding at December 31, 2015 is presented below: Options Outstanding Options Exercisable Weighted Average Weighted Weighted Average Average Exercise Number Exercise Number Outstanding Life (years) Price Exercisable Price 100,000 4.72 $ 0.22 25,002 $ 0.22 150,000 4.87 $ 0.50 -0- $ N/A 200,000 9.13 $ 0.66 200,000 $ 0.66 150,000 9.11 $ 0.68 -0- $ N/A 7,233,277 2.99 $ 0.70 7,233,277 $ 0.70 488,356 9.38 $ 0.73 94,178 $ 0.73 3,405,134 5.69 $ 0.83 3,405,134 $ 0.83 975,000 8.45 $ 0.84 691,667 $ 0.84 300,000 7.64 $ 1.10 200,000 $ 1.10 300,000 7.48 $ 1.15 233,333 $ 1.15 100,000 2.09 $ 1.24 100,000 $ 1.24 115,000 5.24 $ 1.35 115,000 $ 1.35 125,000 2.09 $ 1.45 125,000 $ 1.45 330,000 5.95 $ 1.55 330,000 $ 1.55 7,645 2.09 $ 1.58 7,645 $ 1.58 3,077,060 6.89 $ 1.66 3,077,060 $ 1.66 900,000 5.64 $ 1.90 900,000 $ 1.90 17,956,472 5.12 $ 1.00 16,737,296 $ 1.01 Compensation expense of $397,417, $865,716, and $4,707,381 has been recognized for the vested options for the years ended December 31, 2015, 2014 and 2013, respectively. The aggregate intrinsic value of the outstanding options at December 31, 2015 was $6,500. At December 31, 2015, $354,284 of unamortized compensation expense for unvested options will be recognized over the next 5.12 years on a weighted average basis.

Note 11 - Per Share Data

Note 11 - Per Share Data	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 11 - PER SHARE DATA The computation of basic earnings (loss) per share of common stock is based on the weighted average number of shares outstanding during the year. The computation of diluted earnings per common share is based on the weighted average number of shares outstanding during the year plus the common stock equivalents that would arise from the exercise of stock options and warrants outstanding under the treasury method and the average market price per share during the year as well as the conversion of notes. At December 31, 2015, there were options outstanding to purchase 17,956,742 shares of common stock of the Company, warrants outstanding to purchase 729,109 shares of common stock of the Company and notes payable outstanding convertible into 33,170,241 shares of common stock of the Company. At December 31, 2014, there were options outstanding to purchase 17,053,116 shares of common stock of the Company, warrants outstanding to purchase 1,172,930 shares of common stock of the Company and notes payable outstanding convertible into 30,086,389 shares of common stock of the Company. At December 31, 2013, there were options outstanding to purchase 15,878,166 shares of common stock of the Company, warrants outstanding to purchase 6,240,930 shares of common stock of the Company and notes payable outstanding convertible into 7,500,000 shares of common stock of the Company.

Note 12 - Income Taxes

Note 12 - Income Taxes	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
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 June 30, 2016 and December 31, 2015.	NOTE 12 – INCOME TAXES The Company calculates its deferred tax assets and liabilities using the federal tax rate of 35% and the following effective state rates, net of federal benefits: Idaho (0.1%), Utah (2.55%), and New York State/New York City (0.35%). The tax effect of items that give rise to the deferred tax assets and liabilities are as follows: December 31, 2015 December 31, 2014 Deferred tax assets: Net operating loss carryforward $ 28,475,616 $ 23,246,809 Stock-based compensation 4,240,612 4,121,311 Total deferred tax assets 32,716,228 27,368,120 Deferred tax liabilities: Fixed assets (348,869 ) (673,241 ) Less: valuation allowance (32,367,359 ) (26,694,879 ) $ -- $ -- In assessing the realization of deferred tax assets, management determines whether it is more likely than not some, or all, of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the carryforward period as well as the period in which those temporary differences become deductible. Management considers the reversal of taxable temporary differences, projected taxable income and tax planning strategies in making this assessment. Based upon historical losses and the possibility of continued losses over the periods that the deferred tax assets are deductible, management believes it is more likely than not that the Company will not realize the benefits of these deferred tax assets and thus recorded a valuation allowance against the entire deferred tax asset balance. The valuation allowance increased by $5,672,480, $4,935,303, and $5,034,877 in the years ended December 31, 2015, 2014, and 2013, respectively. At December 31, 2015, the Company had net operating loss carry-forwards of $76,126,103 for federal income tax purposes and $51,205,132 for state and local income tax purposes. The federal net operating loss carry-forwards are available to be utilized against future taxable income through fiscal year 2035 and state loss carry-forwards expire from 2024 through 2035, subject to substantial restrictions on the utilization of net operating losses in the event of an “ownership change” as defined by the Internal Revenue Code. Utilization of the Company’s federal and state net operating loss carry-forwards are subject to limitations as a result of these restrictions. No amounts were provided for unrecognized tax benefits attributable to uncertain tax positions as of December 31, 2015 and 2014. A reconciliation of the differences between the effective and statutory income tax rates is as follows: December 31, 2015 December 31, 2014 December 31, 2013 Federal statutory rate $ (3,457,068 ) 35.0 % $ (3,610,711 ) 35.0 % $ (4,572,234 ) 35.0 % State income taxes – Idaho (7,652 ) 0.1 % (11,016 ) 0.1 % (14,264 ) 0.1 % State income taxes - Utah (243,973 ) 2.5 % (239,093 ) 2.3 % (199,166 ) 1.5 % State and local income taxes - NY (30,468 ) 0.3 % (46,372 ) 0.4 % (58,721 ) 0.5 % Change in valuation allowance related to derivatives 5,672,480 (57.5% ) 4,935,302 (47.8% ) 5,034,877 (39.0% ) Net nontaxable income related to derivatives (2,005,896 ) 20.3 % (843,861 ) 8.2 % (290,623 ) 2.2 % Miscellaneous 72,577 (0.70% ) (184,249 ) 2.0 % 100,131 (0.3% ) $ -- 0 % $ -- 0 % $ -- 0 %

Note 13 - Related Parties

Note 13 - Related Parties	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	NOTE 13 – RELATED PARTIES David A. Taft, a director, is the president of IBS Capital LLC (“IBS”), a Massachusetts limited liability company, whose principal business is investing in securities. IBS is the general partner of the IBS Turnaround Fund (QP), which is a Massachusetts limited partnership, IBS Turnaround Fund (LP), which is a Massachusetts limited partnership and the IBS Opportunity Fund, Ltd. Mr. Taft participated in the Series A Note financing described in Note 8, with the following investments, which were utilized by the Company to fund its operations: Investor Investment OID/Discount Principal Shares Issuable at 0.92 (excluding interest) IBS Turnaround Fund (A Limited Partnership) $ 531,960 $ 0.66 $ 806,000 876,087 IBS Turnaround Fund QP (A Limited Partnership) 1,118,040 0.66 1,694,000 1,841,304 IBS Opportunity Fund, Ltd. 350,000 0.66 530,303 576,416 $ 2,000,000 $ 3,030,303 3,293,807

Note 14 - Commitments and Conti

Note 14 - Commitments and Contingencies	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 10 - COMMITMENTS AND CONTINGENCIES Commitments The following table summarizes our contractual obligations as of June 30, 2016 that require us to make future cash payments: Payment due by period Total < 1 year 1 - 3 years Contractual Obligations: Rent obligations $ 78,783 $ 78,783 $ - 0 - Total $ 78,783 $ 78,783 $ - 0 - Contingencies 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. We may become involved in or subject to, routine litigation, claims, disputes, proceedings and investigations in the ordinary course of business, which could have a material adverse effect on our financial condition, cash flows or results of operations.	NOTE 14 – COMMITMENTS AND CONTINGENCIES 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. Office Lease The Company extended their lease agreement for office space through December 31, 2016 at a monthly rent of $13,131 for an aggregate commitment of approximately $157,575 at December 31, 2015, payable over the next year.

Note 15 - Financial Information

Note 15 - Financial Information by Quarter (Unaudited)	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Quarterly Financial Information [Text Block]	NOTE 15 - FINANCIAL INFORMATION BY QUARTER (UNAUDITED) 2015 For Quarter Ended December 31 September 30 June 30 March 31 Revenue $ 235,586 $ 43,293 $ 65,848 $ 162,747 Operating loss $ (2,022,257 ) $ (2,415,818 ) $ (2,803,433 ) $ (2,675,300 ) Net income (loss) $ (4,674,752 ) $ 1,792,956 $ (2,728,876 ) $ (4,194,465 ) Income (Loss) Per Share (Basic and Diluted) $ (0.02 ) $ 0.02 $ (0.03 ) $ (0.04 ) 2014 For Quarter Ended December 31 September 30 June 30 March 31 Revenue $ 119,533 $ 55,681 $ 47,993 $ 11,014 Operating loss $ (3,147,929 ) $ (2,389,291 ) $ (2,712,065 ) $ (2,552,293 ) Net loss $ (4,346,638 ) $ (2,576,750 ) $ (3,035,704 ) $ (357,225 ) Loss Per Share (Basic and Diluted) $ (0.05 ) $ (0.03 ) $ (0.03 ) $ (0.00 )

Note 16 - Subsequent Event

Note 16 - Subsequent Event	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 16 - SUBSEQUENT EVENT On March 23, 2016 the Company entered into an agreement to sell the fourth parcel, located in Mullan, Idaho, for gross proceeds of $418,000. Net proceeds to be received by the Company are expected to be $380,000, adjusted for a 10% buyers premium paid to the auction firm, J.P. King.

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
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, 2015, included in the Company's Annual Report filed on Form 10-K for such year. The results of operations for the three and six months ended June 30, 2016 are not necessarily indicative of the results to be expected for the entire year.

Note 2 - Organization and Descr

Note 2 - Organization and Description of Business	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 2 – ORGANIZATION AND DESCRIPTION OF BUSINESS Applied Minerals 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 mining and selling its DRAGONITE TM TM 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 1 – 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 respects to uses of halloysite clay and iron oxide. Applied Minerals, Inc. 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	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
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 six months ended June 30, 2016, the Company's net loss was $3,731,884 and cash used in operating activities was $1,528,002. At June 30, 2016, the Company had working capital of $1,338,077, which includes $919,913 of accrued PIK Note interest, which the Company expects to pay in-kind and $167,841 of payables for which the Company believes it has a statute of limitations defense. In addition, during the six months ended June 30, 2016, the Company commenced generating revenue under a take-or-pay supply agreement for AMIRON iron oxide and reduced exploration costs related to activities at the Dragon mine. Based on the Company’s cash balance at June 30, 2016 and its cash usage expectations, it believes it will have sufficient liquidity to fund its operations for at least the next 12 months. On June 24, 2016, the Company raised $1.64 million through the private placement of 10,933,333 units at $0.15 per unit. Attached to each unit sold was one share of common stock and a five-year warrant to purchase 0.3 shares of the Company’s common stock. As a result of the sale, the Company issued 10,933,339 shares of common stock and warrants to purchase 3,280,000 shares of common stock at $0.25 per share. The warrants have a term of five years and do not contain a provision that allows for a cashless exercise.	NOTE 2 - LIQUIDITY AND BASIS OF PRESENTATION The accompanying consolidated financial statements have been prepared on a going concern basis. The Company has incurred recurring losses from operations and used cash in operating activities while in the process of developing and commercializing halloysite clay and iron oxide. For the year ended December 31, 2015, the Company’s net loss was $9,805,137 and cash used in operating activities was $8,585,557. At December 31, 2015, the Company has working capital of $563,324, which may not be sufficient to fund its operations for the next twelve months after giving consideration to management’s plans and the transactions discussed below. In addition, the Company last obtained financing in November 2014 of $12,500,000 through the private placements of convertible notes; however, the Company cannot provide any assurance that it will be able to raise additional capital if needed. Collectively these factors raise substantial doubt regarding the Company’s ability to continue as going concern. On November 2, 2015 , the Company announced that it entered into a 5-year take-or-pay supply agreement. An initial purchase order of $5 million worth of AMIRON products was received and was to be delivered over the course of 18 months with deliveries commencing on December 1, 2015. On November 2, 2015, the Company announced that it had begun the implementation of a number of cost-saving initiatives to strengthen its operational model and enhance its liquidity position as it executes the next steps of its strategy to penetrate the application markets for both its DRAGONITE halloysite clay and AMIRON iron oxide products. The savings realized from these initiatives are anticipated to be derived from efficiencies realized from all aspects of the business, both corporate and operational, putting the Company in a stronger position to execute on its current business and pipeline of opportunities. The Company anticipates that these cost savings actions are expected to reduce the fixed component of annual expenses from $9.0 million to under $6.0 million. On December 15, 2015, the Company, through an auction held in Coeur D’Alene, Idaho, offered for sale four non-core real estate totaling approximately 1,017 acres located throughout the Silver Valley region of Idaho. In January, 2016, three of the four properties sold for total gross proceeds of $172,948. Net proceeds received by the Company were $155,187. On March 23, 2016, the Company entered into an agreement to sell the fourth property for gross proceeds of $418,000. Net proceeds to the Company are expected to be $380,000, adjusted for a 10% buyers premium paid to the auction firm, J.P. King. Based on the Company’s current cash usage expectations for 2016, it believes it will have sufficient liquidity to fund its operations for at least the next 12 months only if (i) it successfully accelerates the fulfillment of the aforementioned take-or-pay agreement to December 2016; (ii) implements its cost-cutting initiatives; and (iii) during 2016, closes the sale of its Mullan, Idaho property. However, the Company can provide no assurances that these initiatives will succeed. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company not be able to continue as a going concern.

Note 4 - Summary of Significant

Note 4 - Summary of Significant Accounting Policies	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 4 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Exploration-Stage Company From 1997 through 2008, the Company’s sole source of revenue and income was derived from its contract mining business through which it provided shaft sinking, underground mine development and mine labor services. At December 31, 2008, the Company discontinued its contract mining efforts due to economic conditions and the desire to concentrate its efforts on the commercialization of the halloysite clay deposit at the Dragon Mine. Effective January 1, 2009, the Company was, and still is, classified as an exploration company as the existence of proven or probable reserves have 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 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. No allowance was required at June 30, 2016 and 2015. Property and Equipment Property and equipment are carried at cost less accumulated depreciation. Depreciation is computed on the straight-line method over the estimated useful lives of the assets as follows: Estimated Useful Life (in years) Building and Building Improvements 5 – 40 Mining equipment 2 – 7 Office and shop furniture and equipment 3 – 7 Vehicles 5 Depreciation expense for the three months ended June 30, 2016 and 2015 totaled $338,333 and $326,684, respectively. Depreciation expense for the six months ended June 30, 2016 and 2015 totaled $674,420 and $652,905, respectively. The Company currently does not capitalize any amounts to its mineral resources and therefore does not have any depletion expense. Fair Value ASC Topic 820, Fair Value Measurement and Disclosures 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 June 30 , 201 6 December 31, 201 5 Financial instruments: Series 2023 PIK Note Derivative $ -0- $ -0- $ 230,329 $ 230,329 $ 262,764 Series A PIK Note Derivative $ -0- $ -0- $ 3,626,505 $ 3,626,505 $ 4,876,093 The following table summarizes the activity for financial instruments at fair value using Level 3 inputs: Balance at December 31, 2015 $ 5,138,857 Issuance of additional PIK Notes 9,383 Net unrealized gains included in net (loss) (1,291,406 ) Balance at June 30, 2016 $ 3,856,834 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 June 30, 2016 and December 31, 2015 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 approximates fair value. Estimated fair values of the PIK Notes Payable approximate $23,463,323 and $21,789,259, respectively, at June 30, 2016 and December 31, 2015 (based on Level 2 inputs). For the Company's 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 June 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.18 $ 0.28 Exercise price $ 1.28 $ 1.36 Term (years) 7.08 7.58 Dividend yield $ -0- $ -0- Expected volatility 86.0 % 72.9 % Risk-free interest rate 1.30 % 2.12 % Series A PIK Note derivative liability Fair Value Measurements Using Inputs June 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.18 $ 0.28 Exercise price $ 0.83 $ 0.92 Term (years) 7.08 7.58 Dividend yield $ -0- $ -0- Expected volatility 86.0 % 72.9 % Risk-free interest rate 1.30 % 2.12 % 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 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 is 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. 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 June 30, 2016, 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 June 30, 2016 and 2015, respectively, is calculated based on 97,889,350 and 95,653,519 weighted average outstanding shares of common stock. Loss per share for the six months ended June 30, 2016 and 2015, respectively, is calculated based on 97,556,480 and 95,381,825 weighted average outstanding shares of common stock. At June 30, 2016 and 2015, respectively, the Company had outstanding options and warrants to purchase 24,276,950 and 18,929,402 shares of Company common stock, and had notes payable which were convertible into 38,676,225 and 31,590,709 shares, respectively, of the Company common stock, none of which were included in the diluted computation as their effect would be anti-dilutive. Loss per share for the three months ended June 30, 2016 and 2015, respectively, is calculated based on 97,889,350 and 95,653,519 weighted average outstanding shares of common stock. Loss per share for the six months ended June 30, 2016 and 2015, respectively, is calculated based on 97,556,480 and 95,381,825 weighted average outstanding shares of common stock. At June 30, 2016 and 2015, respectively, the Company had outstanding options and warrants to purchase 24,276,950 and 18,929,402 shares of Company common stock, and had notes payable which were convertible into 38,676,225 and 31,590,709 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, it does not believe that any reclamation or remediation liability exists at June 30, 2016. Recent Accounting Pronouncements In March 2016, the FASB issued Accounting Standards Update No. 2016-09, Improvements to Employee Share-Based Payment Accounting, that changes the accounting for certain aspects of share-based payments to employees. The guidance requires the recognition in the income statement of the income tax effects of vested or settled awards. The guidance also allows for the employer to repurchase more of an employee’s shares for tax withholding purposes and not classify the award as a liability that requires valuation on a mark-to-market basis. In addition, the guidance allows for a policy election to account for forfeitures as they occur rather than on an estimated basis. The guidance is effective in 2017 with early adoption permitted. The Company is currently evaluating the effect that the new guidance will have on its financial statement and related disclosures. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases, which is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018 with early adoption permitted. Under Accounting Standards Update 2016-02, lessees will be required to recognize for all leases at the commencement date a lease liability, which is a lessee's obligation to make lease payments arising from a lease measured on a discounted basis, and a right-to-use asset, which is an asset that represents the lessee's right to use or control the use of a specified asset for the lease term. The Company is currently evaluating the effect that the new guidance will have on its financial statements and related disclosures. In November 2015, FASB issued Accounting Standards Update 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. Accounting Standards Update 2015-17 simplifies current guidance and requires companies to classify all deferred tax assets and liabilities as noncurrent on the balance sheet. Accounting Standards Update 2015-17 can be applied either prospectively or retrospectively and is effective for periods beginning after December 15, 2016, with early adoption permitted. The Company does not anticipate the new guidance will have a material effect on its financial statements and related disclosures. In April 2015, the FASB issued an ASU 2015-03, 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 2017 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 financial statements and related disclosures. In May 2014, the FASB issued new accounting guidance, Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. Accounting Standards Update No. 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted for fiscal years and interim periods within those years beginning after December 15, 2016, the original effective date of the standard. The Company does not anticipate the new guidance will have a material effect on its financial statements and related disclosures. In May 2014, the FASB issued new accounting guidance, Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. Accounting Standards Update No. 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted for fiscal years and interim periods within those years beginning after December 15, 2016, the original effective date of the standard. The Company does not anticipate the new guidance will have a material effect on its financial statements and related disclosures. Comparative Information We have reclassified certain prior year information to conform with the current year's presentation.	NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Exploration-Stage Company From 1997 through 2008, the Company’s sole source of revenue and income was derived from its contract mining business through which it provided shaft sinking, underground mine development and mine labor services. At December 31, 2008, the Company discontinued its contract mining efforts due to economic conditions and the desire to concentrate its efforts on the commercialization of the halloysite clay deposit at the Dragon Mine. Effective January 1, 2009, the Company was, and still is, classified as an exploration company as the existence of proven or probable reserves have 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, which holds 100 acres of timber and mineral property 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 consolidated financial statements, the warrant and PIK note derivative liabilities, stock compensation, impairment of long-lived assets and valuation allowance on income taxes 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 maturity 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. No allowance was required at December 31, 2015 and 2014. Property and Equipment Property and equipment are carried at cost net of accumulated depreciation and amortization. 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 Depreciation expense for the years ended December 31, 2015, 2014 and, 2013 totaled $1,312,585, $1,164,366, and $317,570, respectively. 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 that there is an 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 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 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 full valuation allowance has been provided for the Company’s net deferred tax assets as it is more likely than not that they will not be realized. Authoritative guidance provides that the tax effects from an uncertain tax position taken or expected to be taken in a tax return 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 December 31, 2015 no benefit from uncertain tax positions was recognized in our financial statements. The Company has elected to classify interest and/or penalties related to income tax matters in income tax expense. 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. The Company instituted a formal long-term and short-term incentive plan on November 20, 2012, which was approved by its shareholders. Prior to that date, we did not have a formal equity plan, but all equity grants, including stock options and warrants, were approved by our Board of Directors. We determine the fair value of the stock-based compensation awards granted to non-employees as either the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. If the fair value of the equity instruments issued is used, it is measured using the stock price and other measurement assumptions as of the earlier of either of (1) the date at which a commitment for performance by the counterparty to earn the equity instruments is reached, or (2) the date at which the counterparty’s performance is complete. Beginning in the quarter ended June 30, 2013 the Company began using the simplified method to determine the expected term for any options granted because the Company did not have sufficient historical exercise data to provide a reasonable basis upon which to estimate expected term. The Company previously utilized the contractual term as the expected term. 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, it does not believe that any reclamation or remediation liability exists at December 31, 2015. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued new accounting guidance, Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. Accounting Standards Update No. 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted, but not before the original effective date of the standard. The Company is currently evaluating the impact of the new guidance on our consolidated financial statements. On June 2014, the FASB issued ASU No. 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period, which clarifies that entities should treat performance targets that can be met after the requisite service period of a share-based payment award as performance conditions that affect vesting. Under the ASU, an entity would not record compensation expense related to an award for which transfer to the employee is contingent on the entity’s satisfaction of a performance target until it becomes probable that the performance target will be met. The adoption of this ASU will be required, either on a retrospective basis or prospective basis, beginning with the quarter ending March 31, 2016. The adoption of this ASU is not expected to have a material impact on our consolidated financial statements. In August 2014, the FASB issued ASU No. 2014-15, “Presentation of Financial Statements – Going Concern (Subtopic 205-10): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern” (“ASU 2014-15”) ASU 2014-15 is intended to define management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. Specifically, ASU 2014-15 provides a definition of the term substantial doubt and requires an assessment for a period of one year after the date the financial statements are issued. It also requires certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans and requires an express statement and other disclosures when substantial doubt is not alleviated. The new standard will be effective for reporting periods beginning after December 15, 2016 with early adoption permitted. Management is currently evaluating the impact of the adoption of ASU 2014-14 on our financial disclosures. In April 2015, the FASB issued an ASU 2015-03, 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 balance sheets. In February 2016, the FASB issued ASU No. 2016-02, Leases, which is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018 with early adoption permitted. Under Accounting Standards Update 2016-02, lessees will be required to recognize for all leases at the commencement date a lease liability, which is a lessee's obligation to make lease payments arising from a lease measured on a discounted basis, and a right-to-use asset, which is an asset that represents the lessee's right to use or control the use of a specified asset for the lease term. The Company is currently evaluating the effect that the new guidance will have on its financial statements and related disclosures.

Note 5 - Income Tax

Note 5 - Income Tax	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
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 June 30, 2016 and December 31, 2015.	NOTE 12 – INCOME TAXES The Company calculates its deferred tax assets and liabilities using the federal tax rate of 35% and the following effective state rates, net of federal benefits: Idaho (0.1%), Utah (2.55%), and New York State/New York City (0.35%). The tax effect of items that give rise to the deferred tax assets and liabilities are as follows: December 31, 2015 December 31, 2014 Deferred tax assets: Net operating loss carryforward $ 28,475,616 $ 23,246,809 Stock-based compensation 4,240,612 4,121,311 Total deferred tax assets 32,716,228 27,368,120 Deferred tax liabilities: Fixed assets (348,869 ) (673,241 ) Less: valuation allowance (32,367,359 ) (26,694,879 ) $ -- $ -- In assessing the realization of deferred tax assets, management determines whether it is more likely than not some, or all, of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the carryforward period as well as the period in which those temporary differences become deductible. Management considers the reversal of taxable temporary differences, projected taxable income and tax planning strategies in making this assessment. Based upon historical losses and the possibility of continued losses over the periods that the deferred tax assets are deductible, management believes it is more likely than not that the Company will not realize the benefits of these deferred tax assets and thus recorded a valuation allowance against the entire deferred tax asset balance. The valuation allowance increased by $5,672,480, $4,935,303, and $5,034,877 in the years ended December 31, 2015, 2014, and 2013, respectively. At December 31, 2015, the Company had net operating loss carry-forwards of $76,126,103 for federal income tax purposes and $51,205,132 for state and local income tax purposes. The federal net operating loss carry-forwards are available to be utilized against future taxable income through fiscal year 2035 and state loss carry-forwards expire from 2024 through 2035, subject to substantial restrictions on the utilization of net operating losses in the event of an “ownership change” as defined by the Internal Revenue Code. Utilization of the Company’s federal and state net operating loss carry-forwards are subject to limitations as a result of these restrictions. No amounts were provided for unrecognized tax benefits attributable to uncertain tax positions as of December 31, 2015 and 2014. A reconciliation of the differences between the effective and statutory income tax rates is as follows: December 31, 2015 December 31, 2014 December 31, 2013 Federal statutory rate $ (3,457,068 ) 35.0 % $ (3,610,711 ) 35.0 % $ (4,572,234 ) 35.0 % State income taxes – Idaho (7,652 ) 0.1 % (11,016 ) 0.1 % (14,264 ) 0.1 % State income taxes - Utah (243,973 ) 2.5 % (239,093 ) 2.3 % (199,166 ) 1.5 % State and local income taxes - NY (30,468 ) 0.3 % (46,372 ) 0.4 % (58,721 ) 0.5 % Change in valuation allowance related to derivatives 5,672,480 (57.5% ) 4,935,302 (47.8% ) 5,034,877 (39.0% ) Net nontaxable income related to derivatives (2,005,896 ) 20.3 % (843,861 ) 8.2 % (290,623 ) 2.2 % Miscellaneous 72,577 (0.70% ) (184,249 ) 2.0 % 100,131 (0.3% ) $ -- 0 % $ -- 0 % $ -- 0 %

Note 6 - Notes Payable

Note 6 - Notes Payable	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 6 - NOTES PAYABLE Notes payable at June 30, 2016 and December 31, 2015 consist of the following: June 30, 2016 December 31, 2015 Note payable for mining equipment, payable $950 monthly, including interest (a) $ - 0 - $ 3,714 Note payable for equipment, payable $1,339 monthly, including interest (b) 35,226 42,235 Note payable for mine site vehicle, payable $628 monthly (c) 9,426 13,196 Note payable to an insurance company, payable $9,055 monthly, including interest (d) 8,804 60,953 Note payable to an insurance company, payable $18,609 monthly, including interest (e) 18,119 124,019 71,575 244,117 Less: Current Portion (49,040 ) (210,429 ) Notes Payable, Long-Term Portion $ 22,535 $ 33,688 (a) 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. (b) On October 31, 2014, the Company purchased mining equipment for $65,120 by paying a deposit and issuing a note in the amount of $57,900 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. (c) 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. (d) The Company signed a note payable with an insurance company dated October 21, 2015 for liability insurance, due in monthly installments, including interest at 11.845%. (e) The Company signed a note payable with an insurance company dated October 17, 2015 for liability insurance, due in monthly installments, including interest at 3.000%. The following is a schedule of the principal maturities on these notes as of June 30, 2016: July 2016 - June 2017 $ 49,040 July 2017 - June 2018 18,554 July 2018 - June 2019 3,981 Total Notes Payable $ 71,575 During the three and six months ended June 30, 2016, the Company's interest payment related to these notes totaled $2,909 and $4,204, respectively. During the three and six months ended June 30, 2015, the Company's interest payments related to these notes totaled $1,776 and $5,974, respectively.	Notes payable at December 31, 2015 and 2014 consist of the following: December 31, 2015 2014 Note payable for mining equipment, payable $950 monthly, including interest (a) $ 3,714 $ 14,057 Note payable for mining equipment, payable $6,060 monthly, including interest (b) -- 6,033 Note payable for equipment, payable $9,122 monthly, including interest (c) -- 18,246 Note payable for equipment, payable $1,339 monthly, including interest (d) 42,235 55,720 Note payable for mine site vehicle, payable $628 monthly (e) 13,196 20,736 Note payable to an insurance company, payable $21,531monthly, including interest (f) -- 149,036 Note payable to an insurance company, payable $6,094 monthly, including interest (g) -- 42,211 Note payable to an insurance company, payable $9,055 monthly, including interest (h) 60,953 -- Note payable to an insurance company, payable $18,609 monthly, including interest (i) 124,019 -- 244,117 306,039 Less: Current Portion (210,429 ) (246,894 ) Notes Payable, Long-Term Portion $ 33,688 $ 59,145 (a) 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. (b) 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. (c) On April 1, 2014, the Company purchased lab equipment for $109,493 by paying deposit 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 November 2014. (d) On October 31, 2014, the Company purchased mining equipment for $65,120 by paying deposit and issuing a note in the amount of $57,900 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. (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 17, 2014 for directors' and officers' insurance, due in monthly installments, including interest at 3.15%. The note matured in June 2015 and was repaid. (g) The Company signed a note payable with an insurance company dated October 17, 2014 for liability insurance, due in monthly installments, including interest at 4.732%. The note matured in July 2015 and was repaid. (h) The Company signed a note payable with an insurance company dated October 21, 2015 for liability insurance, due in monthly installments, including interest at 11.845%. (i) The Company signed a note payable with an insurance company dated October 17, 2015 for liability insurance, due in monthly installments, including interest at 3.000%. The following is a schedule of the principal maturities on these notes as of December 31, 2015: 2016 $ 210,429 2017 20,615 2018 13,073 Total Notes Payable $ 244,117 During the 2015 and 2014, the Company's interest payments totaled $12,839 and $10,460, respectively.

Note 7 - Convertible Debt (PIK

Note 7 - Convertible Debt (PIK Notes)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
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 Inception Date 08/05/2013 11/03/2014 Cash Received $10,500,000 $12,500,000 Principal (Initial Liability) $10,500,000 $19,848,486 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 anti-dilution provisions/down-round protection $0.92 at inception, adjusted downward based on anti-dilution provisions/down-round protection; also may be reduced by $0.10 based 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 anti-dilution provisions; revalued every quarter using Monte Carlo model $9,212,285 established at inception due to existence of anti-dilution provisions; revalued every quarter using Monte Carlo model As of June 30, 2016, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 13,400,958 $ 22,977,103 $ 36,378,061 Less: Discount (1,791,109 ) (14,841,648 ) (16,632,757 ) Less: Deferred Financing Cost (6,650 ) (10,850 ) (17,500 ) PIK Note Payable, Net $ 11,603,199 $ 8,124,605 $ 19,727,804 PIK Note Derivative Liability $ 230,329 $ 3,626,505 $ 3,856,834 As of December 31, 2015, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 12,762,816 $ 21,882,955 $ 34,645,771 Less: Discount (1,854,894 ) (15,717,991 ) (17,572,885 ) Less: Deferred Financing Cost (7,828 ) (13,422 ) (21,250 ) PIK Note Payable, Net $ 10,900,094 $ 6,151,542 $ 17,051,636 PIK Note Derivative Liability $ 262,764 $ 4,876,093 $ 5,138,857 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: ● Maturity ● Exercise Price ● Stated Interest provided ● Specified Event second anniversary ● Extension Option ● Liquidated Damages ● The number of shares issuable under the Notes may be affected by the anti-dilution provisions of the Notes. The antidilition 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 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 $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. In May 2015, November 2015 and May 2016, the Company issued $992,424, $1,042,045, and $1,094,148, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. At June 30, 2016, the fair value of the Series A PIK Note Derivative was estimated to be $3,626,505, which includes the value of the additional PIK Notes issued in May 2015, November 2015, and May 2016 for the semi-annual interest payments due. The change in the fair value of the derivative represents a decrease in valuation of $5,585,780 from the November 3, 2014 inception date. At June 30, 2016, the fair value of the Series A PIK Note Derivative was estimated to be $3,626,505, which includes the value of the additional PIK Notes issued in May 2015, November 2015, and May 2016 for the semi-annual interest payments due. The change in the fair value of the derivative represents a decrease in valuation of $5,585,780 from the November 3, 2014 inception date. 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 2016, August 2015 and February 2015, the Company issued $638,141, $607,753 and $578,812, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. In February 2014 and August 2014, the Company issued $525,000 and $551,250, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. The Series 2023 Notes convert into the Company’s common stock at a conversion price of $1.40 per share, which is subject to customary anti-dilution adjustments; these anti-dilution adjustments reduced the conversion price to $1.36 after the issuance of the Series A Notes and then to $1.28 after the issuance of 10,933,333 units for proceeds of $1.64 million on June 24, 2016. As of issuance, principal amount of the Series 2023 Notes were convertible into 7,500,000 shares of the common stock, into 7,720,588 shares after the issuance of the Series A Notes and 8,203,125 shares of common stock after the issuance of the 10,933,333 units.. 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 December 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 June 30, 2016, the fair value of the PIK Note Derivative was estimated to be $230,329, which includes the value of the additional PIK Notes issued in February 2016, August 2015, February 2015, August 2014 and February 2014 for the semi-annual interest payments due. The change in the fair value of the derivative represents a decrease in valuation of $1,824,671 from the August 2, 2013 inception date.	NOTE 8 – 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 Inception Date 08/05/2013 11/03/2014 Cash Received $10,500,000 $12,500,000 Principal (Initial Liability) $10,500,000 $19,848,486 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 anti-dilution provisions/downround protection $0.92 at inception, adjusted downward based on anti-dilution provisions/down-round protection; also may be reduced by $0.10 based 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 a Specified Event occurs Derivative Liability $2,055,000 established at inception due to the existence of down-round protection; revalued every quarter using Monte Carlo model $9,212,285 established at inception due to existence of down-round protection; revalued every quarter using a Monte Carlo model As of December 31, 2015, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 12,762,816 $ 21,882,955 $ 34,645,771 Less: Discount (1,854,894 ) (15,717,991 ) (17,572,885 ) PIK Note Payable, Net $ 10,907,922 $ 6,164,964 $ 17,072,886 PIK Note Derivative Liability $ 262,764 $ 4,876,093 $ 5,138,857 As of December 31, 2014, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: 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: ● Maturity ● Exercise Price ● Stated Interest provided ● Specified Event second anniversary ● Extension Option ● Liquidated Damages T The Series A Notes are mandatorily convertible by the Company at any time that is two years after issuance only if either of the following conditions exist: (A) (i) the maturity date of the Series A Notes has not been extended, (ii) the VWAP over the preceding 10 trading days is at or in excess of $1.00 per share, (iii) the closing market price of the common stock is at or in excess of $1.00 per share on the day before a mandatory conversion notice is issued, (iv) all outstanding amounts, if any, of the Series 2023 Notes or replacement financing for the Series 2023 Notes have been converted into common stock and (v) a registration statement is effective or a holder of the Series A Notes may sell the conversion shares under Rule 144 or 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 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 $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. In May 2015 and November 2015, the Company issued $992,424 and $1,042,045, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. At December 31, 2015, the fair value of the Series A Note Derivative was estimated to be $4,876,093, which includes the value of the derivative related to the additional PIK Notes issued in May and November 2015 for the semi-annual interest payments due. During the year ended December 31, 2015, the Company amortized $732,751 of debt discount relating to the Series A Notes Payable and issued additional PIK Notes in lieu of interest payments of $2,034,469, increasing the Series A Notes Payable carrying value to $6,164,964 as of December 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 2015 and August 2015, the Company issued $578,813 and $607,753, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. In February 2014 and August 2014, the Company issued $525,000 and $551,250, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. The Series 2023 Notes convert into the Company’s common stock at a conversion price of $1.40 per share, which is subject to customary anti-dilution adjustments; these anti-dilution 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 December 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 December 31, 2015, the fair value of the PIK Note Derivative was estimated to be $262,764, which includes the value of the derivative related to additional PIK Notes issued 2015 and 2014 for the semi-annual interest payments due. During 2015, the Company recorded $36,665 of additional debt discount from the February and August 2015 issuances above, and also amortized $131,326 of debt discount relating to the Series 2023 Notes Payable, resulting in a total debt discount of $1,854,894 as of December 31, 2015, and increasing the Series 2023 Notes Payable carrying value to $10,907,922 as of December 31, 2015.

Note 8 - Stockholders' Equity

Note 8 - Stockholders' Equity	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE 8 - STOCKHOLDERS' EQUITY Preferred Stock The Company is authorized to issue 10,000,000 shares of nonconvertible preferred stock, $0.001 par value per share. At June 30, 2016 and December 31, 2015, no shares of preferred stock were outstanding. Common Stock The Company is authorized to issue up to 200,000,000 shares, $0.001 par value per share. At June 30, 2016 and December 31, 2015, 108,376,049 and 97,144,736 shares were issued and outstanding, respectively. During the six months ended June 30, 2016, the Company issued a total of 185,959 shares of common stock valued at $45,094 to directors and consultants as payments of fees. An additional 118,994 shares, valued at $26,580, were issued to employees in lieu of cash compensation. During the six months ended June 30, 2016, the Company issued 10,933,339 units valued at $1,640,000 as part of a private placement. Each unit consisted of one share of common stock and one warrant to purchase 0.3 shares of common stock at $0.25 per share. The Company received $1,640,000 in proceeds and no commissions were paid. During the six months ended June 30, 2016, the Company issued 10,933,339 units valued at $1,640,000 as part of a private placement. Each unit consisted of one share of common stock and one warrant to purchase 0.3 shares of common stock at $0.25 per share. The Company received $1,640,000 in proceeds and no commissions were paid.	NOTE 9 – 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 December 31, 2015 and 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 December 31, 2015 and 2014, 97,144,736 and 95,054,552 shares were issued and outstanding, respectively. 2015 During 2015 the Company issued a total of 1,045,788 shares of common stock valued at $379,936 to directors and consultants as payments of fees. 2 01 4 During 2014 the Company issued a total of 408,539 shares of common stock valued at $327,269 to directors and consultants as payments of fees. 2013 During 2013 the Company issued a total of 269,812 shares of common stock valued at $316,475 to directors and consultants as payments of fees. In addition, on January 23, 2013 the Company sold, in a privately negotiated transaction, 3,756,757 shares of its common stock at $1.48 per share for gross proceeds of $5,560,000. No broker was used and no commission was paid as part of this transaction.

Note 9 - Options and Warrants t

Note 9 - Options and Warrants to Purchase Common Stock	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
Options And Warrants To Purchase Common Stock [Text Block]	NOTE 9 - OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK Outstanding Stock Warrants A summary of the status of the warrants outstanding and exercisable at June 30, 2016 is presented below: Warrants Outstanding and Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (years) Weighted Average Exercise Price $ 0.25 3,283,283 5.00 $ 0.25 $ 1.15 461,340 4.83 $ 1.15 $ 2.00 54,367 0.09 $ 2.00 3,798,990 4.91 $ 0.38 No warrants were issued during 2015 or the first quarter of 2016. On June 24, 2016 the Company sold 10,933,333 units at $0.15 per unit. The sale of the units included the issuance of warrants to purchase 3,283,283 shares of common stock. Each warrant has an exercise price of $0.25 per share and a term of five years. The intrinsic value of the outstanding warrants was $0 at June 30, 2016. No warrants were issued during 2015 or the first quarter of 2016. On June 24, 2016 the Company sold 10,933,333 units at $0.15 per unit. The sale of the units included the issuance of warrants to purchase 3,283,283 shares of common stock. Each warrant has an exercise price of $0.25 per share and a term of five years. The intrinsic value of the outstanding warrants was $0 at June 30, 2016. 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. On May 11, 2016, the Board of Directors has adopted the 2016 Long Term Incentive Plan (the “Plan”). The Plan, administered by the Compensation Committee of the Board allows for the following types of incentive awards: stock options, stock appreciation rights, restricted stock, performance shares, performance units or other stock-based award. Such awards may be issued to employees, consultants and non-employee directors. The aggregate number of shares of common stock that may be issued or used for reference purposes with respect to which awards may be granted under the Plan shall not exceed two million. 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 six months ended June 30, 2016 and 2015 were as follows on a weighted average basis: The significant assumptions relating to the valuation of the Company's options issued for the six months ended June 30, 2016 and 2015 were as follows on a weighted average basis: 2016 2015 Dividend Yield 0 % 0 % Expected Life (years) 5.0 5.6 Expected Volatility 83.4 % 51.0 % Risk Free Interest Rate 1.20 % 1.47 % A summary of the status and changes of the options granted under stock option plans and other agreements for the six months ended June 30, 2016 is as follows: June 30, 2016 Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life * Outstanding at beginning of period 17,806,472 $ 1.00 Issued 2,671,488 0.26 Exercised - 0 - - 0 - Forfeited - 0 - - 0 - Outstanding at end of period 20,477,960 $ 0.92 4.54 Exercisable at end of period 19,271,284 $ 0.92 4.54 * Measured in years During the six months ended June 30, 2016, the Company granted 2,671,488 options to purchase the Company’s common stock with a weighted average exercise price of $0.26 and the following vesting schedule. The weighted-average grant-date fair value of options granted during the first half of 2016 was $0.10. Compensation expense of $238,064 and $107,660 has been recognized for the vested options for the three months ended June 30, 2016 and 2015, respectively, and $365,045 and $207,598 for the six months ended June 30, 2016 and 2015, respectively. The aggregate intrinsic value of the outstanding options at June 30, 2016 was $0. At June 30, 2016, $328,745 of unamortized compensation expense for unvested options is expected to be recognized over the next 1.27 years on a weighted average basis. Compensation expense of $238,064 and $107,660 has been recognized for the vested options for the three months ended June 30, 2016 and 2015, respectively, and $365,045 and $207,598 for the six months ended June 30, 2016 and 2015, respectively. The aggregate intrinsic value of the outstanding options at June 30, 2016 was $0. At June 30, 2016, $328,745 of unamortized compensation expense for unvested options is expected to be recognized over the next 1.27 years on a weighted average basis.	NOTE 10 – 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 anti-dilution provisions the notes contain 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) was recorded as a liability in the balance sheet until they were canceled. 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 8, during August 2013, the Company issued $10,500,000 of 10% mandatorily convertible Series 2023 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 a $120,000 credit to equity. During 2014 and 2013, the Company recorded other income of $830,000 and $995,000, respectively, resulting from the changes in the fair value of the warrant liability, mainly due to a lower stock price and a change in the volatility utilized by the Company. Outstanding Stock Warrants A summary of the status of the warrants outstanding and exercisable at December 31, 2015 is presented below: Warrants Outstanding and Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (years) Weighted Average Exercise Price $ 0.78 213,402 0.09 $ 0.78 $ 1.15 461,340 5.33 $ 1.15 $ 2.00 54,367 0.59 $ 2.00 729,109 3.44 $ 1.11 During 2015, warrants to acquire 443,821 shares of common stock expired. No warrants were issued during 2013, 2014 and 2015. 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 2015 and 2014 were as follows on a weighted average basis: 2015 2014 Dividend Yield 0 % 0 % Expected Life (in years) 7.00 5.5 Expected Volatility 72.9 % 56.1 % Risk Free Interest Rate 2.00 % 1.79 % A summary of the status and changes of the options granted under stock option plans and other agreements for 2015 and 2014 is as follows: December 31, 2015 December 31, 2014 Weighted Weighted Average Average Shares Exercise Price Shares Exercise Price Outstanding at beginning of period 17,053,116 $ 1.02 15,878,116 $ 1.03 Issued 1,138,356 0.63 1,175,000 0.84 Exercised -- -- -- -- Forfeited (235,000 ) $ 0.77 -- -- Outstanding at end of period 17,956,472 $ 1.00 17,053,116 $ 1.02 During the year ended December 31, 2015, the Company granted 1,138,356 options to purchase the Company’s common stock with a weighted average exercise price of $0.63. Of the 1,138,356 options granted, the options vest as follows: Vesting Information Shares Frequency Begin Date End Date 200,000 Immediately 2/12/2015 2/12/2015 38,356 Immediately 4/15/2015 4/15/2015 100,000 Monthly 4/7/2015 4/7/2016 100,000 Monthly 9/16/2015 9/16/2016 200,000 Annually 2/5/2015 2/5/2018 350,000 Annually 6/1/2015 6/1/2018 150,000 Annually 11/10/2015 11/10/2018 A summary of the status of the options outstanding at December 31, 2015 is presented below: Options Outstanding Options Exercisable Weighted Average Weighted Weighted Average Average Exercise Number Exercise Number Outstanding Life (years) Price Exercisable Price 100,000 4.72 $ 0.22 25,002 $ 0.22 150,000 4.87 $ 0.50 -0- $ N/A 200,000 9.13 $ 0.66 200,000 $ 0.66 150,000 9.11 $ 0.68 -0- $ N/A 7,233,277 2.99 $ 0.70 7,233,277 $ 0.70 488,356 9.38 $ 0.73 94,178 $ 0.73 3,405,134 5.69 $ 0.83 3,405,134 $ 0.83 975,000 8.45 $ 0.84 691,667 $ 0.84 300,000 7.64 $ 1.10 200,000 $ 1.10 300,000 7.48 $ 1.15 233,333 $ 1.15 100,000 2.09 $ 1.24 100,000 $ 1.24 115,000 5.24 $ 1.35 115,000 $ 1.35 125,000 2.09 $ 1.45 125,000 $ 1.45 330,000 5.95 $ 1.55 330,000 $ 1.55 7,645 2.09 $ 1.58 7,645 $ 1.58 3,077,060 6.89 $ 1.66 3,077,060 $ 1.66 900,000 5.64 $ 1.90 900,000 $ 1.90 17,956,472 5.12 $ 1.00 16,737,296 $ 1.01 Compensation expense of $397,417, $865,716, and $4,707,381 has been recognized for the vested options for the years ended December 31, 2015, 2014 and 2013, respectively. The aggregate intrinsic value of the outstanding options at December 31, 2015 was $6,500. At December 31, 2015, $354,284 of unamortized compensation expense for unvested options will be recognized over the next 5.12 years on a weighted average basis.

Note 10 - Commitments and Conti

Note 10 - Commitments and Contingencies	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 10 - COMMITMENTS AND CONTINGENCIES Commitments The following table summarizes our contractual obligations as of June 30, 2016 that require us to make future cash payments: Payment due by period Total < 1 year 1 - 3 years Contractual Obligations: Rent obligations $ 78,783 $ 78,783 $ - 0 - Total $ 78,783 $ 78,783 $ - 0 - Contingencies 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. We may become involved in or subject to, routine litigation, claims, disputes, proceedings and investigations in the ordinary course of business, which could have a material adverse effect on our financial condition, cash flows or results of operations.	NOTE 14 – COMMITMENTS AND CONTINGENCIES 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. Office Lease The Company extended their lease agreement for office space through December 31, 2016 at a monthly rent of $13,131 for an aggregate commitment of approximately $157,575 at December 31, 2015, payable over the next year.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]	Balance at Beginning of Year Additions Charged to Expenses/ Other Accounts Net (Deductions) Recoveries Balance at End of Year Allowance for doubtful accounts 2015 $ -- $ -- $ -- $ -- 2014 $ -- $ -- $ -- $ -- 2013 $ 25,106 $ -- $ 25,106 $ -- Valuation allowance for deferred tax assets 2015 $ 26,694,879 $ 5,672,480 $ -- $ 32,367,359 2014 $ 21,759,577 $ 4,935,302 $ -- $ 26,694,879 2013 $ 16,724,700 $ 5,034,877 $ -- $ 21,759,577

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Exploration Stage Company [Policy Text Block]	Exploration-Stage Company From 1997 through 2008, the Company’s sole source of revenue and income was derived from its contract mining business through which it provided shaft sinking, underground mine development and mine labor services. At December 31, 2008, the Company discontinued its contract mining efforts due to economic conditions and the desire to concentrate its efforts on the commercialization of the halloysite clay deposit at the Dragon Mine. Effective January 1, 2009, the Company was, and still is, classified as an exploration company as the existence of proven or probable reserves have 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.	Exploration-Stage Company From 1997 through 2008, the Company’s sole source of revenue and income was derived from its contract mining business through which it provided shaft sinking, underground mine development and mine labor services. At December 31, 2008, the Company discontinued its contract mining efforts due to economic conditions and the desire to concentrate its efforts on the commercialization of the halloysite clay deposit at the Dragon Mine. Effective January 1, 2009, the Company was, and still is, classified as an exploration company as the existence of proven or probable reserves have 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.	Principles of Consolidation The accompanying consolidated financial statements include the accounts of Applied Minerals, Inc. and its inactive subsidiary, which holds 100 acres of timber and mineral property 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 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.	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 consolidated financial statements, the warrant and PIK note derivative liabilities, stock compensation, impairment of long-lived assets and valuation allowance on income taxes 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.	Cash and Cash Equivalents Cash and cash equivalents include all highly liquid investments with a maturity 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. No allowance was required at June 30, 2016 and 2015.	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. No allowance was required at December 31, 2015 and 2014.
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Property and equipment are carried at cost less accumulated depreciation. Depreciation is computed on the straight-line method over the estimated useful lives of the assets as follows: Estimated Useful Life (in years) Building and Building Improvements 5 – 40 Mining equipment 2 – 7 Office and shop furniture and equipment 3 – 7 Vehicles 5 Depreciation expense for the three months ended June 30, 2016 and 2015 totaled $338,333 and $326,684, respectively. Depreciation expense for the six months ended June 30, 2016 and 2015 totaled $674,420 and $652,905, respectively. The Company currently does not capitalize any amounts to its mineral resources and therefore does not have any depletion expense.	Property and Equipment Property and equipment are carried at cost net of accumulated depreciation and amortization. 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 Depreciation expense for the years ended December 31, 2015, 2014 and, 2013 totaled $1,312,585, $1,164,366, and $317,570, respectively.
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.	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 that there is an 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 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.	Revenue Recognition Revenue includes sales of halloysite clay and 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 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.	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 is 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. 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 June 30, 2016, no amounts are included in the financial statements for unrecognized tax benefits.	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 full valuation allowance has been provided for the Company’s net deferred tax assets as it is more likely than not that they will not be realized. Authoritative guidance provides that the tax effects from an uncertain tax position taken or expected to be taken in a tax return 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 December 31, 2015 no benefit from uncertain tax positions was recognized in our financial statements. The Company has elected to classify interest and/or penalties related to income tax matters in income tax expense.
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.	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. The Company instituted a formal long-term and short-term incentive plan on November 20, 2012, which was approved by its shareholders. Prior to that date, we did not have a formal equity plan, but all equity grants, including stock options and warrants, were approved by our Board of Directors. We determine the fair value of the stock-based compensation awards granted to non-employees as either the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. If the fair value of the equity instruments issued is used, it is measured using the stock price and other measurement assumptions as of the earlier of either of (1) the date at which a commitment for performance by the counterparty to earn the equity instruments is reached, or (2) the date at which the counterparty’s performance is complete. Beginning in the quarter ended June 30, 2013 the Company began using the simplified method to determine the expected term for any options granted because the Company did not have sufficient historical exercise data to provide a reasonable basis upon which to estimate expected term. The Company previously utilized the contractual term as the expected term.
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, it does not believe that any reclamation or remediation liability exists at December 31, 2015.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In March 2016, the FASB issued Accounting Standards Update No. 2016-09, Improvements to Employee Share-Based Payment Accounting, that changes the accounting for certain aspects of share-based payments to employees. The guidance requires the recognition in the income statement of the income tax effects of vested or settled awards. The guidance also allows for the employer to repurchase more of an employee’s shares for tax withholding purposes and not classify the award as a liability that requires valuation on a mark-to-market basis. In addition, the guidance allows for a policy election to account for forfeitures as they occur rather than on an estimated basis. The guidance is effective in 2017 with early adoption permitted. The Company is currently evaluating the effect that the new guidance will have on its financial statement and related disclosures. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases, which is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018 with early adoption permitted. Under Accounting Standards Update 2016-02, lessees will be required to recognize for all leases at the commencement date a lease liability, which is a lessee's obligation to make lease payments arising from a lease measured on a discounted basis, and a right-to-use asset, which is an asset that represents the lessee's right to use or control the use of a specified asset for the lease term. The Company is currently evaluating the effect that the new guidance will have on its financial statements and related disclosures. In November 2015, FASB issued Accounting Standards Update 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. Accounting Standards Update 2015-17 simplifies current guidance and requires companies to classify all deferred tax assets and liabilities as noncurrent on the balance sheet. Accounting Standards Update 2015-17 can be applied either prospectively or retrospectively and is effective for periods beginning after December 15, 2016, with early adoption permitted. The Company does not anticipate the new guidance will have a material effect on its financial statements and related disclosures. In April 2015, the FASB issued an ASU 2015-03, 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 2017 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 financial statements and related disclosures. In May 2014, the FASB issued new accounting guidance, Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. Accounting Standards Update No. 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted for fiscal years and interim periods within those years beginning after December 15, 2016, the original effective date of the standard. The Company does not anticipate the new guidance will have a material effect on its financial statements and related disclosures. In May 2014, the FASB issued new accounting guidance, Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. Accounting Standards Update No. 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted for fiscal years and interim periods within those years beginning after December 15, 2016, the original effective date of the standard. The Company does not anticipate the new guidance will have a material effect on its financial statements and related disclosures.	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued new accounting guidance, Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. Accounting Standards Update No. 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted, but not before the original effective date of the standard. The Company is currently evaluating the impact of the new guidance on our consolidated financial statements. On June 2014, the FASB issued ASU No. 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period, which clarifies that entities should treat performance targets that can be met after the requisite service period of a share-based payment award as performance conditions that affect vesting. Under the ASU, an entity would not record compensation expense related to an award for which transfer to the employee is contingent on the entity’s satisfaction of a performance target until it becomes probable that the performance target will be met. The adoption of this ASU will be required, either on a retrospective basis or prospective basis, beginning with the quarter ending March 31, 2016. The adoption of this ASU is not expected to have a material impact on our consolidated financial statements. In August 2014, the FASB issued ASU No. 2014-15, “Presentation of Financial Statements – Going Concern (Subtopic 205-10): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern” (“ASU 2014-15”) ASU 2014-15 is intended to define management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. Specifically, ASU 2014-15 provides a definition of the term substantial doubt and requires an assessment for a period of one year after the date the financial statements are issued. It also requires certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans and requires an express statement and other disclosures when substantial doubt is not alleviated. The new standard will be effective for reporting periods beginning after December 15, 2016 with early adoption permitted. Management is currently evaluating the impact of the adoption of ASU 2014-14 on our financial disclosures. In April 2015, the FASB issued an ASU 2015-03, 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 balance sheets. In February 2016, the FASB issued ASU No. 2016-02, Leases, which is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018 with early adoption permitted. Under Accounting Standards Update 2016-02, lessees will be required to recognize for all leases at the commencement date a lease liability, which is a lessee's obligation to make lease payments arising from a lease measured on a discounted basis, and a right-to-use asset, which is an asset that represents the lessee's right to use or control the use of a specified asset for the lease term. The Company is currently evaluating the effect that the new guidance will have on its financial statements and related disclosures.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value ASC Topic 820, Fair Value Measurement and Disclosures 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 June 30 , 201 6 December 31, 201 5 Financial instruments: Series 2023 PIK Note Derivative $ -0- $ -0- $ 230,329 $ 230,329 $ 262,764 Series A PIK Note Derivative $ -0- $ -0- $ 3,626,505 $ 3,626,505 $ 4,876,093 The following table summarizes the activity for financial instruments at fair value using Level 3 inputs: Balance at December 31, 2015 $ 5,138,857 Issuance of additional PIK Notes 9,383 Net unrealized gains included in net (loss) (1,291,406 ) Balance at June 30, 2016 $ 3,856,834 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 June 30, 2016 and December 31, 2015 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 approximates fair value. Estimated fair values of the PIK Notes Payable approximate $23,463,323 and $21,789,259, respectively, at June 30, 2016 and December 31, 2015 (based on Level 2 inputs). For the Company's 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 June 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.18 $ 0.28 Exercise price $ 1.28 $ 1.36 Term (years) 7.08 7.58 Dividend yield $ -0- $ -0- Expected volatility 86.0 % 72.9 % Risk-free interest rate 1.30 % 2.12 % Series A PIK Note derivative liability Fair Value Measurements Using Inputs June 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.18 $ 0.28 Exercise price $ 0.83 $ 0.92 Term (years) 7.08 7.58 Dividend yield $ -0- $ -0- Expected volatility 86.0 % 72.9 % Risk-free interest rate 1.30 % 2.12 %
Earnings Per Share, Policy [Policy Text Block]	Per share data Loss per share for the three months ended June 30, 2016 and 2015, respectively, is calculated based on 97,889,350 and 95,653,519 weighted average outstanding shares of common stock. Loss per share for the six months ended June 30, 2016 and 2015, respectively, is calculated based on 97,556,480 and 95,381,825 weighted average outstanding shares of common stock. At June 30, 2016 and 2015, respectively, the Company had outstanding options and warrants to purchase 24,276,950 and 18,929,402 shares of Company common stock, and had notes payable which were convertible into 38,676,225 and 31,590,709 shares, respectively, of the Company common stock, none of which were included in the diluted computation as their effect would be anti-dilutive. Loss per share for the three months ended June 30, 2016 and 2015, respectively, is calculated based on 97,889,350 and 95,653,519 weighted average outstanding shares of common stock. Loss per share for the six months ended June 30, 2016 and 2015, respectively, is calculated based on 97,556,480 and 95,381,825 weighted average outstanding shares of common stock. At June 30, 2016 and 2015, respectively, the Company had outstanding options and warrants to purchase 24,276,950 and 18,929,402 shares of Company common stock, and had notes payable which were convertible into 38,676,225 and 31,590,709 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, it does not believe that any reclamation or remediation liability exists at June 30, 2016.
Reclassification, Policy [Policy Text Block]	Comparative Information We have reclassified certain prior year information to conform with the current year's presentation.

Note 3 - Summary of Significa40

Note 3 - Summary of Significant Accounting Policies (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes Tables
Property, Plant and Equipment [Table Text Block]	Estimated Useful Life (in years) Building and Building Improvements 5 – 40 Mining equipment 2 – 7 Office and shop furniture and equipment 3 – 7 Vehicles 5	Estimated Useful Life (years) Building and Building Improvements 5 – 40 Mining equipment 2 – 7 Office and shop furniture and equipment 3 – 7 Vehicles 5

Note 4 - Property and Equipme41

Note 4 - Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Notes Tables
Property, Plant, And Equipment, Carrying Value [Table Text Block]	2015 2014 Land (a) $ 500,000 $ 945,180 Land improvements 164,758 164,758 Buildings 3,116,515 3,308,465 Mining equipment 1,697,583 1,684,197 Milling equipment 2,702,969 2,620,300 Laboratory equipment 594,451 594,451 Office equipment 69,625 72,174 Vehicles 148,673 148,673 8,994,574 9,538,198 Less: Accumulated depreciation 3,787,749 2,482,324 Total $ 5,206,825 $ 7,055,874

Note 6 - Fair Value Measureme42

Note 6 - Fair Value Measurement and Financial Instruments (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes Tables
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]	Fair value measurement using inputs Carrying amount Level 1 Level 2 Level 3 June 30 , 201 6 December 31, 201 5 Financial instruments: Series 2023 PIK Note Derivative $ -0- $ -0- $ 230,329 $ 230,329 $ 262,764 Series A PIK Note Derivative $ -0- $ -0- $ 3,626,505 $ 3,626,505 $ 4,876,093	Fair value measurement using inputs Carrying amount Level 1 Level 2 Level 3 December 31, 2015 December 31, 2014 Financial instruments: Series 2023 Note Derivative $ -0- $ -0- $ 262,764 $ 262,764 $ 478,149 Series A Note Derivative $ -0- $ -0- $ 4,876,093 $ 4,876,093 $ 9,557,476
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Balance at December 31, 2015 $ 5,138,857 Issuance of additional PIK Notes 9,383 Net unrealized gains included in net (loss) (1,291,406 ) Balance at June 30, 2016 $ 3,856,834	2015 2014 Balance at beginning of year $ 10,035,625 $ 0 Transfer to Level 3 0 2,250,000 Issuance of additional Series 2023 Notes 36,665 44,138 Issuance of additional Series A Notes 395,082 9,212,285 Net unrealized gain included in operations (5,328,515 ) (1,470,798 ) Balance at December 31, 2015 $ 5,138,857 $ 10,035,625
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 June 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.18 $ 0.28 Exercise price $ 1.28 $ 1.36 Term (years) 7.08 7.58 Dividend yield $ -0- $ -0- Expected volatility 86.0 % 72.9 % Risk-free interest rate 1.30 % 2.12 % Series A PIK Note derivative liability Fair Value Measurements Using Inputs June 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.18 $ 0.28 Exercise price $ 0.83 $ 0.92 Term (years) 7.08 7.58 Dividend yield $ -0- $ -0- Expected volatility 86.0 % 72.9 % Risk-free interest rate 1.30 % 2.12 %	Series 2023 Note derivative liability Fair Value Measurements Using Inputs December 31, 2015 December 31, 2014 Market price and estimated fair value of stock $ 0.28 $ 0.73 Exercise price $ 1.36 $ 1.33 Term (years) 7.58 8.58 Dividend yield $ -0- $ -0- Expected volatility * 72.9 % 52.0 % Risk-free interest rate 2.12 % 2.08 % Series A Note derivative liability Fair Value Measurements Using Inputs December 31, 2015 December 31, 2014 Market price and estimated fair value of stock $ 0.28 $ 0.73 Exercise price $ 0.92 $ 0.92 Term (years) 2.82 3.83 Dividend yield $ -0- $ -0- Expected volatility 72.9 % 52.0 % Risk-free interest rate 2.12 % 2.08 %

Note 7 - Notes Payable (Tables)

Note 7 - Notes Payable (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes Tables
Schedule of Debt [Table Text Block]	June 30, 2016 December 31, 2015 Note payable for mining equipment, payable $950 monthly, including interest (a) $ - 0 - $ 3,714 Note payable for equipment, payable $1,339 monthly, including interest (b) 35,226 42,235 Note payable for mine site vehicle, payable $628 monthly (c) 9,426 13,196 Note payable to an insurance company, payable $9,055 monthly, including interest (d) 8,804 60,953 Note payable to an insurance company, payable $18,609 monthly, including interest (e) 18,119 124,019 71,575 244,117 Less: Current Portion (49,040 ) (210,429 ) Notes Payable, Long-Term Portion $ 22,535 $ 33,688	December 31, 2015 2014 Note payable for mining equipment, payable $950 monthly, including interest (a) $ 3,714 $ 14,057 Note payable for mining equipment, payable $6,060 monthly, including interest (b) -- 6,033 Note payable for equipment, payable $9,122 monthly, including interest (c) -- 18,246 Note payable for equipment, payable $1,339 monthly, including interest (d) 42,235 55,720 Note payable for mine site vehicle, payable $628 monthly (e) 13,196 20,736 Note payable to an insurance company, payable $21,531monthly, including interest (f) -- 149,036 Note payable to an insurance company, payable $6,094 monthly, including interest (g) -- 42,211 Note payable to an insurance company, payable $9,055 monthly, including interest (h) 60,953 -- Note payable to an insurance company, payable $18,609 monthly, including interest (i) 124,019 -- 244,117 306,039 Less: Current Portion (210,429 ) (246,894 ) Notes Payable, Long-Term Portion $ 33,688 $ 59,145
Schedule of Maturities of Long-term Debt [Table Text Block]	July 2016 - June 2017 $ 49,040 July 2017 - June 2018 18,554 July 2018 - June 2019 3,981 Total Notes Payable $ 71,575	2016 $ 210,429 2017 20,615 2018 13,073 Total Notes Payable $ 244,117

Note 8 - Convertible Debt (PI44

Note 8 - Convertible Debt (PIK Notes) (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes Tables
Convertible Debt [Table Text Block]	Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 13,400,958 $ 22,977,103 $ 36,378,061 Less: Discount (1,791,109 ) (14,841,648 ) (16,632,757 ) Less: Deferred Financing Cost (6,650 ) (10,850 ) (17,500 ) PIK Note Payable, Net $ 11,603,199 $ 8,124,605 $ 19,727,804 PIK Note Derivative Liability $ 230,329 $ 3,626,505 $ 3,856,834 Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 12,762,816 $ 21,882,955 $ 34,645,771 Less: Discount (1,854,894 ) (15,717,991 ) (17,572,885 ) Less: Deferred Financing Cost (7,828 ) (13,422 ) (21,250 ) PIK Note Payable, Net $ 10,900,094 $ 6,151,542 $ 17,051,636 PIK Note Derivative Liability $ 262,764 $ 4,876,093 $ 5,138,857	Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 12,762,816 $ 21,882,955 $ 34,645,771 Less: Discount (1,854,894 ) (15,717,991 ) (17,572,885 ) PIK Note Payable, Net $ 10,907,922 $ 6,164,964 $ 17,072,886 PIK Note Derivative Liability $ 262,764 $ 4,876,093 $ 5,138,857 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 10 - Options and Warrant45

Note 10 - Options and Warrants to Purchase Common Stock (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes Tables
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 $ 0.25 3,283,283 5.00 $ 0.25 $ 1.15 461,340 4.83 $ 1.15 $ 2.00 54,367 0.09 $ 2.00 3,798,990 4.91 $ 0.38	Warrants Outstanding and Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (years) Weighted Average Exercise Price $ 0.78 213,402 0.09 $ 0.78 $ 1.15 461,340 5.33 $ 1.15 $ 2.00 54,367 0.59 $ 2.00 729,109 3.44 $ 1.11
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	2016 2015 Dividend Yield 0 % 0 % Expected Life (years) 5.0 5.6 Expected Volatility 83.4 % 51.0 % Risk Free Interest Rate 1.20 % 1.47 %	2015 2014 Dividend Yield 0 % 0 % Expected Life (in years) 7.00 5.5 Expected Volatility 72.9 % 56.1 % Risk Free Interest Rate 2.00 % 1.79 %
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	June 30, 2016 Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life * Outstanding at beginning of period 17,806,472 $ 1.00 Issued 2,671,488 0.26 Exercised - 0 - - 0 - Forfeited - 0 - - 0 - Outstanding at end of period 20,477,960 $ 0.92 4.54 Exercisable at end of period 19,271,284 $ 0.92 4.54	December 31, 2015 December 31, 2014 Weighted Weighted Average Average Shares Exercise Price Shares Exercise Price Outstanding at beginning of period 17,053,116 $ 1.02 15,878,116 $ 1.03 Issued 1,138,356 0.63 1,175,000 0.84 Exercised -- -- -- -- Forfeited (235,000 ) $ 0.77 -- -- Outstanding at end of period 17,956,472 $ 1.00 17,053,116 $ 1.02
Summary Of Vesting Information For Stock Options [Table Text Block]		Vesting Information Shares Frequency Begin Date End Date 200,000 Immediately 2/12/2015 2/12/2015 38,356 Immediately 4/15/2015 4/15/2015 100,000 Monthly 4/7/2015 4/7/2016 100,000 Monthly 9/16/2015 9/16/2016 200,000 Annually 2/5/2015 2/5/2018 350,000 Annually 6/1/2015 6/1/2018 150,000 Annually 11/10/2015 11/10/2018
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]		Options Outstanding Options Exercisable Weighted Average Weighted Weighted Average Average Exercise Number Exercise Number Outstanding Life (years) Price Exercisable Price 100,000 4.72 $ 0.22 25,002 $ 0.22 150,000 4.87 $ 0.50 -0- $ N/A 200,000 9.13 $ 0.66 200,000 $ 0.66 150,000 9.11 $ 0.68 -0- $ N/A 7,233,277 2.99 $ 0.70 7,233,277 $ 0.70 488,356 9.38 $ 0.73 94,178 $ 0.73 3,405,134 5.69 $ 0.83 3,405,134 $ 0.83 975,000 8.45 $ 0.84 691,667 $ 0.84 300,000 7.64 $ 1.10 200,000 $ 1.10 300,000 7.48 $ 1.15 233,333 $ 1.15 100,000 2.09 $ 1.24 100,000 $ 1.24 115,000 5.24 $ 1.35 115,000 $ 1.35 125,000 2.09 $ 1.45 125,000 $ 1.45 330,000 5.95 $ 1.55 330,000 $ 1.55 7,645 2.09 $ 1.58 7,645 $ 1.58 3,077,060 6.89 $ 1.66 3,077,060 $ 1.66 900,000 5.64 $ 1.90 900,000 $ 1.90 17,956,472 5.12 $ 1.00 16,737,296 $ 1.01

Note 12 - Income Taxes (Tables)

Note 12 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Notes Tables
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	December 31, 2015 December 31, 2014 Deferred tax assets: Net operating loss carryforward $ 28,475,616 $ 23,246,809 Stock-based compensation 4,240,612 4,121,311 Total deferred tax assets 32,716,228 27,368,120 Deferred tax liabilities: Fixed assets (348,869 ) (673,241 ) Less: valuation allowance (32,367,359 ) (26,694,879 ) $ -- $ --
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	December 31, 2015 December 31, 2014 December 31, 2013 Federal statutory rate $ (3,457,068 ) 35.0 % $ (3,610,711 ) 35.0 % $ (4,572,234 ) 35.0 % State income taxes – Idaho (7,652 ) 0.1 % (11,016 ) 0.1 % (14,264 ) 0.1 % State income taxes - Utah (243,973 ) 2.5 % (239,093 ) 2.3 % (199,166 ) 1.5 % State and local income taxes - NY (30,468 ) 0.3 % (46,372 ) 0.4 % (58,721 ) 0.5 % Change in valuation allowance related to derivatives 5,672,480 (57.5% ) 4,935,302 (47.8% ) 5,034,877 (39.0% ) Net nontaxable income related to derivatives (2,005,896 ) 20.3 % (843,861 ) 8.2 % (290,623 ) 2.2 % Miscellaneous 72,577 (0.70% ) (184,249 ) 2.0 % 100,131 (0.3% ) $ -- 0 % $ -- 0 % $ -- 0 %

Note 13 - Related Parties (Tabl

Note 13 - Related Parties (Tables)	12 Months Ended
	Dec. 31, 2015
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	Investor Investment OID/Discount Principal Shares Issuable at 0.92 (excluding interest) IBS Turnaround Fund (A Limited Partnership) $ 531,960 $ 0.66 $ 806,000 876,087 IBS Turnaround Fund QP (A Limited Partnership) 1,118,040 0.66 1,694,000 1,841,304 IBS Opportunity Fund, Ltd. 350,000 0.66 530,303 576,416 $ 2,000,000 $ 3,030,303 3,293,807

Note 15 - Financial Informati48

Note 15 - Financial Information by Quarter (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
Notes Tables
Quarterly Financial Information [Table Text Block]	2015 For Quarter Ended December 31 September 30 June 30 March 31 Revenue $ 235,586 $ 43,293 $ 65,848 $ 162,747 Operating loss $ (2,022,257 ) $ (2,415,818 ) $ (2,803,433 ) $ (2,675,300 ) Net income (loss) $ (4,674,752 ) $ 1,792,956 $ (2,728,876 ) $ (4,194,465 ) Income (Loss) Per Share (Basic and Diluted) $ (0.02 ) $ 0.02 $ (0.03 ) $ (0.04 ) 2014 For Quarter Ended December 31 September 30 June 30 March 31 Revenue $ 119,533 $ 55,681 $ 47,993 $ 11,014 Operating loss $ (3,147,929 ) $ (2,389,291 ) $ (2,712,065 ) $ (2,552,293 ) Net loss $ (4,346,638 ) $ (2,576,750 ) $ (3,035,704 ) $ (357,225 ) Loss Per Share (Basic and Diluted) $ (0.05 ) $ (0.03 ) $ (0.03 ) $ (0.00 )

Note 4 - Summary of Significa49

Note 4 - Summary of Significant Accounting Policies (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes Tables
Property, Plant and Equipment [Table Text Block]	Estimated Useful Life (in years) Building and Building Improvements 5 – 40 Mining equipment 2 – 7 Office and shop furniture and equipment 3 – 7 Vehicles 5	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 June 30 , 201 6 December 31, 201 5 Financial instruments: Series 2023 PIK Note Derivative $ -0- $ -0- $ 230,329 $ 230,329 $ 262,764 Series A PIK Note Derivative $ -0- $ -0- $ 3,626,505 $ 3,626,505 $ 4,876,093	Fair value measurement using inputs Carrying amount Level 1 Level 2 Level 3 December 31, 2015 December 31, 2014 Financial instruments: Series 2023 Note Derivative $ -0- $ -0- $ 262,764 $ 262,764 $ 478,149 Series A Note Derivative $ -0- $ -0- $ 4,876,093 $ 4,876,093 $ 9,557,476
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Balance at December 31, 2015 $ 5,138,857 Issuance of additional PIK Notes 9,383 Net unrealized gains included in net (loss) (1,291,406 ) Balance at June 30, 2016 $ 3,856,834	2015 2014 Balance at beginning of year $ 10,035,625 $ 0 Transfer to Level 3 0 2,250,000 Issuance of additional Series 2023 Notes 36,665 44,138 Issuance of additional Series A Notes 395,082 9,212,285 Net unrealized gain included in operations (5,328,515 ) (1,470,798 ) Balance at December 31, 2015 $ 5,138,857 $ 10,035,625
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 June 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.18 $ 0.28 Exercise price $ 1.28 $ 1.36 Term (years) 7.08 7.58 Dividend yield $ -0- $ -0- Expected volatility 86.0 % 72.9 % Risk-free interest rate 1.30 % 2.12 % Series A PIK Note derivative liability Fair Value Measurements Using Inputs June 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.18 $ 0.28 Exercise price $ 0.83 $ 0.92 Term (years) 7.08 7.58 Dividend yield $ -0- $ -0- Expected volatility 86.0 % 72.9 % Risk-free interest rate 1.30 % 2.12 %	Series 2023 Note derivative liability Fair Value Measurements Using Inputs December 31, 2015 December 31, 2014 Market price and estimated fair value of stock $ 0.28 $ 0.73 Exercise price $ 1.36 $ 1.33 Term (years) 7.58 8.58 Dividend yield $ -0- $ -0- Expected volatility * 72.9 % 52.0 % Risk-free interest rate 2.12 % 2.08 % Series A Note derivative liability Fair Value Measurements Using Inputs December 31, 2015 December 31, 2014 Market price and estimated fair value of stock $ 0.28 $ 0.73 Exercise price $ 0.92 $ 0.92 Term (years) 2.82 3.83 Dividend yield $ -0- $ -0- Expected volatility 72.9 % 52.0 % Risk-free interest rate 2.12 % 2.08 %

Note 6 - Notes Payable (Tables)

Note 6 - Notes Payable (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes Tables
Schedule of Debt [Table Text Block]	June 30, 2016 December 31, 2015 Note payable for mining equipment, payable $950 monthly, including interest (a) $ - 0 - $ 3,714 Note payable for equipment, payable $1,339 monthly, including interest (b) 35,226 42,235 Note payable for mine site vehicle, payable $628 monthly (c) 9,426 13,196 Note payable to an insurance company, payable $9,055 monthly, including interest (d) 8,804 60,953 Note payable to an insurance company, payable $18,609 monthly, including interest (e) 18,119 124,019 71,575 244,117 Less: Current Portion (49,040 ) (210,429 ) Notes Payable, Long-Term Portion $ 22,535 $ 33,688	December 31, 2015 2014 Note payable for mining equipment, payable $950 monthly, including interest (a) $ 3,714 $ 14,057 Note payable for mining equipment, payable $6,060 monthly, including interest (b) -- 6,033 Note payable for equipment, payable $9,122 monthly, including interest (c) -- 18,246 Note payable for equipment, payable $1,339 monthly, including interest (d) 42,235 55,720 Note payable for mine site vehicle, payable $628 monthly (e) 13,196 20,736 Note payable to an insurance company, payable $21,531monthly, including interest (f) -- 149,036 Note payable to an insurance company, payable $6,094 monthly, including interest (g) -- 42,211 Note payable to an insurance company, payable $9,055 monthly, including interest (h) 60,953 -- Note payable to an insurance company, payable $18,609 monthly, including interest (i) 124,019 -- 244,117 306,039 Less: Current Portion (210,429 ) (246,894 ) Notes Payable, Long-Term Portion $ 33,688 $ 59,145
Schedule of Maturities of Long-term Debt [Table Text Block]	July 2016 - June 2017 $ 49,040 July 2017 - June 2018 18,554 July 2018 - June 2019 3,981 Total Notes Payable $ 71,575	2016 $ 210,429 2017 20,615 2018 13,073 Total Notes Payable $ 244,117

Note 7 - Convertible Debt (PI51

Note 7 - Convertible Debt (PIK Notes) (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes Tables
Convertible Debt [Table Text Block]	Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 13,400,958 $ 22,977,103 $ 36,378,061 Less: Discount (1,791,109 ) (14,841,648 ) (16,632,757 ) Less: Deferred Financing Cost (6,650 ) (10,850 ) (17,500 ) PIK Note Payable, Net $ 11,603,199 $ 8,124,605 $ 19,727,804 PIK Note Derivative Liability $ 230,329 $ 3,626,505 $ 3,856,834 Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 12,762,816 $ 21,882,955 $ 34,645,771 Less: Discount (1,854,894 ) (15,717,991 ) (17,572,885 ) Less: Deferred Financing Cost (7,828 ) (13,422 ) (21,250 ) PIK Note Payable, Net $ 10,900,094 $ 6,151,542 $ 17,051,636 PIK Note Derivative Liability $ 262,764 $ 4,876,093 $ 5,138,857	Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 12,762,816 $ 21,882,955 $ 34,645,771 Less: Discount (1,854,894 ) (15,717,991 ) (17,572,885 ) PIK Note Payable, Net $ 10,907,922 $ 6,164,964 $ 17,072,886 PIK Note Derivative Liability $ 262,764 $ 4,876,093 $ 5,138,857 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 Warrants52

Note 9 - Options and Warrants to Purchase Common Stock (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Notes Tables
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 $ 0.25 3,283,283 5.00 $ 0.25 $ 1.15 461,340 4.83 $ 1.15 $ 2.00 54,367 0.09 $ 2.00 3,798,990 4.91 $ 0.38	Warrants Outstanding and Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (years) Weighted Average Exercise Price $ 0.78 213,402 0.09 $ 0.78 $ 1.15 461,340 5.33 $ 1.15 $ 2.00 54,367 0.59 $ 2.00 729,109 3.44 $ 1.11
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	2016 2015 Dividend Yield 0 % 0 % Expected Life (years) 5.0 5.6 Expected Volatility 83.4 % 51.0 % Risk Free Interest Rate 1.20 % 1.47 %	2015 2014 Dividend Yield 0 % 0 % Expected Life (in years) 7.00 5.5 Expected Volatility 72.9 % 56.1 % Risk Free Interest Rate 2.00 % 1.79 %
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	June 30, 2016 Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life * Outstanding at beginning of period 17,806,472 $ 1.00 Issued 2,671,488 0.26 Exercised - 0 - - 0 - Forfeited - 0 - - 0 - Outstanding at end of period 20,477,960 $ 0.92 4.54 Exercisable at end of period 19,271,284 $ 0.92 4.54	December 31, 2015 December 31, 2014 Weighted Weighted Average Average Shares Exercise Price Shares Exercise Price Outstanding at beginning of period 17,053,116 $ 1.02 15,878,116 $ 1.03 Issued 1,138,356 0.63 1,175,000 0.84 Exercised -- -- -- -- Forfeited (235,000 ) $ 0.77 -- -- Outstanding at end of period 17,956,472 $ 1.00 17,053,116 $ 1.02

Note 10 - Commitments and Con53

Note 10 - Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]	Payment due by period Total < 1 year 1 - 3 years Contractual Obligations: Rent obligations $ 78,783 $ 78,783 $ - 0 - Total $ 78,783 $ 78,783 $ - 0 -

Schedule II - Valuation and Q54

Schedule II - Valuation and Qualifying Accounts (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Summary of Valuation Allowance [Table Text Block]	Balance at Beginning of Year Additions Charged to Expenses/ Other Accounts Net (Deductions) Recoveries Balance at End of Year Allowance for doubtful accounts 2015 $ -- $ -- $ -- $ -- 2014 $ -- $ -- $ -- $ -- 2013 $ 25,106 $ -- $ 25,106 $ -- Valuation allowance for deferred tax assets 2015 $ 26,694,879 $ 5,672,480 $ -- $ 32,367,359 2014 $ 21,759,577 $ 4,935,302 $ -- $ 26,694,879 2013 $ 16,724,700 $ 5,034,877 $ -- $ 21,759,577

Note 2 - Liquidity and Basis 55

Note 2 - Liquidity and Basis of Presentation (Details Textual)	Mar. 23, 2016USD ($)	Nov. 03, 2015USD ($)	Nov. 02, 2015USD ($)	Nov. 30, 2014USD ($)	Nov. 03, 2014USD ($)	Jan. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Nov. 30, 2014USD ($)	Aug. 31, 2013USD ($)	Jun. 30, 2016USD ($)	Dec. 31, 2015USD ($)	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Sep. 30, 2014USD ($)	Jun. 30, 2014USD ($)	Mar. 31, 2014USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2014USD ($)	Dec. 15, 2015a
Payment in Kind (PIK) Note [Member] | Series A Notes [Member]
Proceeds from Convertible Debt				$ 12,500,000	$ 12,500,000			$ 12,500,000
Payment in Kind (PIK) Note [Member]
Proceeds from Convertible Debt																								$ 23,000,000
Non-core [Member] | Subsequent Event [Member]
Disposal Group, Including Discontinued Operation, Consideration						$ 172,948
Proceeds from Sale of Real Estate						$ 155,187
Non-core [Member]
Number of Real Estate Properties																									4
Area of Real Estate Property | a																									1,017
Real Estate, Number Of Properties Sold																									3
Real Estate, Number Of Properties Not Sold																									1
Subsequent Event [Member]
Proceeds from Sale of Real Estate	$ 418,000
Proceeds from Sale of Real Estate, Net	$ 380,000
Premium Paid to Auction	10.00%
Exclusive Supply Agreement, Term			5 years
Net Income (Loss) Attributable to Parent										$ (3,185,359)	$ (4,674,752)	$ 1,792,956	$ (2,728,876)	$ (4,194,465)	$ (4,346,638)	$ (2,576,750)	$ (3,035,704)	$ (357,225)	$ (3,731,884)	$ (6,923,341)	$ (9,805,137)	$ (10,316,317)	$ (13,063,526)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations																			(1,528,002)	$ (4,731,175)	(8,585,557)	(8,003,851)	(8,205,101)
Working Capital							$ 563,324			$ 1,338,077	$ 563,324								$ 1,338,077		563,324
Proceeds from Convertible Debt									$ 10,500,000													$ 12,499,998	$ 10,500,000
Initial Purchase Order			$ 5,000,000
Product Delivery Period							1 year 180 days
Annual Fixed Costs		$ 6,000,000	$ 9,000,000

Note 3 - Summary of Significa56

Note 3 - Summary of Significant Accounting Policies (Details Textual)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)a	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Park Copper Mining Company [Member]
Volume Of Timber And Mineral Property Held | a					100
Allowance for Doubtful Accounts Receivable	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0
Unrecognized Tax Benefits	0		0		0	0
Depreciation	$ 338,333	$ 326,684	$ 674,420	$ 652,905	$ 1,312,585	$ 1,164,366	$ 317,570

Note 3 - Property and Equipment

Note 3 - Property and Equipment (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Building and Building Improvements [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	5 years	5 years
Building and Building Improvements [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	40 years	40 years
Mining Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	2 years	2 years
Mining Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years	7 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	3 years	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years	7 years
Vehicles [Member]
Property, Plant and Equipment, Useful Life	5 years	5 years

Note 4 - Property and Equipme58

Note 4 - Property and Equipment (Details Textual) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Dragon Mine [Member]
Disposal Group, Including Discontinued Operation, Other Assets, Noncurrent	$ 500,000
Contract Mining Operations [Member]
Disposal Group, Including Discontinued Operation, Other Assets, Noncurrent		$ 445,180

Note 4 - Property, Plant, and E

Note 4 - Property, Plant, and Equipment (Details) - USD ($)		Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014	Oct. 31, 2014	Aug. 31, 2014	Apr. 01, 2014
Land [Member]
Property, Plant and Equipment, Gross	[1]		$ 500,000	$ 945,180
Land Improvements [Member]
Property, Plant and Equipment, Gross			164,758	164,758
Building [Member]
Property, Plant and Equipment, Gross			3,116,515	3,308,465
Mining Equipment [Member]
Property, Plant and Equipment, Gross			1,697,583	1,684,197	$ 65,120	$ 65,120
Milling Equipment [Member]
Property, Plant and Equipment, Gross			2,702,969	2,620,300
Laboratory Equipment [Member]
Property, Plant and Equipment, Gross			594,451	594,451			$ 109,493
Office Equipment [Member]
Property, Plant and Equipment, Gross			69,625	72,174
Vehicles [Member]
Property, Plant and Equipment, Gross			148,673	148,673
Property, Plant and Equipment, Gross			8,994,574	9,538,198
Less: Accumulated depreciation			3,787,749	2,482,324
Total		$ 4,653,188	$ 5,206,825	$ 7,055,874
[1]	Year 2015 value is the Dragon Mine, with a carrying value of $500,000. Year 2014 value includes the Atlas Mine near Mullan, Idaho with a carrying value of $445,180 (Note 5), and the Dragon Mine with a carrying value of $500,000.

Note 5 - Asset Held for Sale (D

Note 5 - Asset Held for Sale (Details Textual)	Mar. 23, 2016USD ($)	Jan. 31, 2016USD ($)	Jun. 30, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 15, 2015	Dec. 31, 2014USD ($)
Non-core [Member] | Subsequent Event [Member]
Disposal Group, Including Discontinued Operation, Consideration		$ 172,948
Proceeds from Sale of Real Estate		155,187
Proceeds from Sale of Real Estate, Allocated to Selling Expense		$ 17,761
Non-core [Member]
Number of Real Estate Properties					4
Real Estate, Number Of Properties Sold					3
Subsequent Event [Member]
Proceeds from Sale of Real Estate	$ 418,000
Proceeds from Sale of Real Estate, Net	$ 380,000
Premium Paid to Auction	10.00%
Assets Held-for-sale, Not Part of Disposal Group			$ 1,000	$ 445,180		$ 0

Note 6 - Fair Value Measureme61

Note 6 - Fair Value Measurement and Financial Instruments (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2014	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Payment in Kind (PIK) Note [Member] | Fair Value, Inputs, Level 3 [Member]
Convertible Debt, Fair Value Disclosures			$ 21,800,000	$ 27,500,000
Payment in Kind (PIK) Note [Member]
Convertible Debt, Fair Value Disclosures		$ 23,463,323	$ 21,789,259
Warrant Derivative Liability [Member]
DerivativeLiabilitiesChangeInValuation	$ (118,500)
PIK Note Derivative Liability [Member]
DerivativeLiabilitiesChangeInValuation	$ (126,000)

Note 6 - Liabilities Measured a

Note 6 - Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Inputs, Level 1 [Member] | Series 2023 PIK Note Derivative Liability [Member]
Derivative liability	$ 0	$ 0
Fair Value, Inputs, Level 1 [Member] | Series A PIK Note Derivative Liability [Member]
Derivative liability	0	0
Fair Value, Inputs, Level 2 [Member] | Series 2023 PIK Note Derivative Liability [Member]
Derivative liability	0	0
Fair Value, Inputs, Level 2 [Member] | Series A PIK Note Derivative Liability [Member]
Derivative liability	0	0
Fair Value, Inputs, Level 3 [Member] | Series 2023 PIK Note Derivative Liability [Member]
Derivative liability	230,329	262,764
Fair Value, Inputs, Level 3 [Member] | Series A PIK Note Derivative Liability [Member]
Derivative liability	3,626,505	4,876,093
Series 2023 PIK Note Derivative Liability [Member]
Derivative liability	230,329	262,764	$ 478,149
Series A PIK Note Derivative Liability [Member]
Derivative liability	$ 3,626,505	$ 4,876,093	$ 9,557,476

Note 6 - Derivatives Measured a

Note 6 - Derivatives Measured at Fair Value (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Inputs, Level 3 [Member] | Series 2023 PIK Note Derivative Liability [Member]
Derivative Issuance	$ 36,665	$ 44,138
Fair Value, Inputs, Level 3 [Member] | Series A PIK Note Derivative Liability [Member]
Derivative Issuance	395,082	9,212,285
Balance at beginning of year	10,035,625	0
Transfer to Level 3	0	2,250,000
Net unrealized gain included in operations	(5,328,515)	(1,470,798)
Balance at December 31, 2015	$ 5,138,857	$ 10,035,625

Note 6 - Valuation Assumptions

Note 6 - Valuation Assumptions (Details) - Fair Value, Inputs, Level 3 [Member] - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015		Dec. 31, 2014
Series 2023 PIK Note Derivative Liability [Member]
Share Price	$ 0.18	$ 0.28		$ 0.73
Exercise price (in dollars per share)	$ 1.28	$ 1.36		$ 1.33
Term (years)	7 years 29 days	7 years 211 days		8 years 211 days
Expected volatility	86.00%	72.90%	[1]	52.00%	[1]
Risk-free interest rate	1.30%	2.12%		2.08%
Series A PIK Note Derivative Liability [Member]
Share Price	$ 0.18	$ 0.28		$ 0.73
Exercise price (in dollars per share)	$ 0.83	$ 0.92		$ 0.92
Term (years)	7 years 29 days	2 years 299 days		3 years 302 days
Expected volatility	86.00%	72.90%		52.00%
Risk-free interest rate	1.30%	2.12%		2.08%
[1]	During the first quarter of 2014, the Company revised its assumption for expected volatility by switching from a peer-group average volatility to the Company's three-year historical volatility in measuring the value of the derivative liabilities mentioned above. Prior to 2011, the occurrence of certain corporate events would not have made the historical volatility calculations meaningful or accurate if included. This reduction in volatility led to a reduced valuation for both the Warrant and Series 2023 Note derivative liabilities of approximately $118,500 and $126,000, respectively, in 2015. The remaining decrease in the valuation is attributable to the decline in stock price.

Note 7 - Notes Payable (Details

Note 7 - Notes Payable (Details Textual) - USD ($)	Oct. 31, 2014	Aug. 31, 2014	Apr. 01, 2014	Sep. 20, 2012	Jul. 23, 2012	Apr. 17, 2012	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Oct. 21, 2015	Oct. 17, 2015	Aug. 21, 2015	Aug. 17, 2015	Oct. 17, 2014
Note Payable Mining Equipment 2 [Member]
Debt Instrument, Face Amount						$ 40,565
Debt Instrument, Interest Rate, Effective Percentage						11.279%
Debt Instrument, Periodic Payment						$ 950					$ 6,060	$ 6,060
Debt Instrument, Term						4 years
Note Payable Mining Equipment 3 [Member]
Debt Instrument, Face Amount					$ 169,500
Debt Instrument, Periodic Payment					$ 6,060				$ 1,339		9,122	9,122
Debt Instrument, Term					2 years 180 days
Debt Instrument, Interest Rate, Stated Percentage					5.50%
Note Payable for Laboratory Equipment [Member]
Debt Instrument, Face Amount			$ 91,229
Debt Instrument, Periodic Payment			$ 9,122
Debt Instrument, Term			300 days
Note Payable, Mining Equipment, Purchased in October 2014 [Member]
Debt Instrument, Face Amount	$ 57,900	$ 57,900
Debt Instrument, Periodic Payment	$ 1,339	$ 1,339
Debt Instrument, Term	4 years	4 years
Debt Instrument, Interest Rate, Stated Percentage	5.20%	5.20%
Note Payable Mining Site Vehicle [Member]
Debt Instrument, Face Amount				$ 37,701
Debt Instrument, Periodic Payment				$ 628					628		628	628
Debt Instrument, Term				5 years
Note Payable Insurance Company [Member]
Debt Instrument, Periodic Payment											21,531	21,531
Debt Instrument, Interest Rate, Stated Percentage																	3.15%
Note Payable Insurance Company 1 [Member]
Debt Instrument, Interest Rate, Stated Percentage													11.845%	3.00%	11.845%	3.00%	4.732%
Laboratory Equipment [Member]
Property, Plant and Equipment, Gross			$ 109,493								594,451	594,451
Mining Equipment [Member]
Property, Plant and Equipment, Gross	$ 65,120	$ 65,120									1,697,583	1,684,197
Property, Plant and Equipment, Gross											8,994,574	9,538,198
Debt Instrument, Periodic Payment, Interest							$ 2,909	$ 1,776	$ 4,204	$ 5,974	$ 12,839	$ 10,460

Note 7 - Summary of Note Payabl

Note 7 - Summary of Note Payable (Details) - USD ($)		Jun. 30, 2016		Dec. 31, 2015		Dec. 31, 2014
Note Payable Mining Equipment [Member]
Note payable		$ 0	[1]	$ 3,714	[1],[2]	$ 14,057	[2]
Note Payable Mining Equipment 2 [Member]
Note payable	[3]					6,033
Note Payable Mining Equipment 3 [Member]
Note payable		35,226	[4]	42,235	[4]	18,246	[5]
Note Payable Mining Equipment 4 [Member]
Note payable	[6]			42,235		55,720
Note Payable Mining Site Vehicle [Member]
Note payable		9,426	[7]	13,196	[7],[8]	20,736	[8]
Note Payable Insurance Company [Member]
Note payable	[9]					149,036
Note Payable Insurance Company 2 [Member]
Note payable		8,804	[10]	60,953	[10]	42,211	[11]
Note Payable Insurance Company 3 [Member]
Note payable	[12]	18,119		124,019
Note Payable Insurance Company 4 [Member]
Note payable				124,019
Note payable		71,575		244,117		306,039
Less: Current Portion		(49,040)		(210,429)		(246,894)
Notes Payable, Long-Term Portion		$ 22,535		$ 33,688		$ 59,145
[1]	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.
[2]	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.
[3]	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.
[4]	On October 31, 2014, the Company purchased mining equipment for $65,120 by paying a deposit and issuing a note in the amount of $57,900 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.
[5]	On April 1, 2014, the Company purchased lab equipment for $109,493 by paying deposit 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 November 2014.
[6]	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.
[7]	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.
[8]	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.
[9]	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.
[10]	The Company signed a note payable with an insurance company dated October 21, 2015 for liability insurance, due in monthly installments, including interest at 11.845%.
[11]	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.
[12]	The Company signed a note payable with an insurance company dated October 17, 2015 for liability insurance, due in monthly installments, including interest at 3.000%.

Note 7 - Summary of Note Paya67

Note 7 - Summary of Note Payable (Details) (Parentheticals) - USD ($)	Sep. 20, 2012	Jul. 23, 2012	Apr. 17, 2012	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Note Payable Mining Equipment [Member]
Note payable, monthly payment				$ 950	$ 950	$ 950
Note Payable Mining Equipment 2 [Member]
Note payable, monthly payment			$ 950		6,060	6,060
Note Payable Mining Equipment 3 [Member]
Note payable, monthly payment		$ 6,060		1,339	9,122	9,122
Note Payable Mining Equipment 4 [Member]
Note payable, monthly payment					1,339	1,339
Note Payable Mining Site Vehicle [Member]
Note payable, monthly payment	$ 628			628	628	628
Note Payable Insurance Company [Member]
Note payable, monthly payment					21,531	21,531
Note Payable Insurance Company 2 [Member]
Note payable, monthly payment				9,055	6,094	6,094
Note Payable Insurance Company 3 [Member]
Note payable, monthly payment				$ 18,609	9,055	9,055
Note Payable Insurance Company 4 [Member]
Note payable, monthly payment					$ 18,609	$ 18,609

Note 7 - Future Minimum Note Pa

Note 7 - Future Minimum Note Payments (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
2,016		$ 210,429
2,017		20,615
2,018		13,073
Total Notes Payable	$ 71,575	$ 244,117	$ 306,039

Note 8 - Convertible Debt (PI69

Note 8 - Convertible Debt (PIK Notes) (Details Textual)	Jun. 24, 2016	May 31, 2016USD ($)	Nov. 30, 2014USD ($)	Nov. 03, 2014USD ($)$ / shares	Aug. 05, 2013USD ($)$ / shares	Feb. 29, 2016USD ($)	Nov. 30, 2015USD ($)	Aug. 31, 2015USD ($)	May 31, 2015USD ($)	Feb. 28, 2015USD ($)	Nov. 30, 2014USD ($)	Aug. 31, 2014USD ($)	Feb. 28, 2014USD ($)	Aug. 31, 2013USD ($)	Jun. 30, 2015USD ($)shares	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)$ / shares	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2014USD ($)
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member] | Result of Anti-Dilution Adjustment [Member]
Debt Instrument, Convertible, Conversion Price | $ / shares					$ 1.36
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member] | After Series A Notes Issuance [Member]
Debt Instrument, Convertible, Beneficial Conversion Feature					$ 2,055,000
Debt Instrument, Convertible, Number of Equity Instruments	8,203,125				7,720,588
Financial Instruments Subject to Mandatory Conversion Earliest Conversion					1 year
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member] | Additional Discount from February and August 2015 Issuance [Member]
Debt Instrument, Unamortized Discount																		$ 36,665
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member]
Debt Instrument, Term					10500000 years
Proceeds from Convertible Debt					$ 10
Debt Instrument, Face Amount					$ 10,500,000											$ 13,400,958		12,762,816	$ 11,576,250		$ 11,576,250
Debt Instrument, Interest Rate, Stated Percentage					10.00%
Debt Instrument, Convertible, Conversion Price | $ / shares					$ 1.40
Debt Instrument, Convertible, Beneficial Conversion Feature					$ 2,055,000
Debt Instrument, Unamortized Discount																1,791,109		1,854,894	1,949,555		1,949,555
Paid-in-Kind Interest						$ 638,141		$ 607,753		$ 578,813		$ 551,250	$ 525,000
Derivative Liability																230,329		262,764	478,149		478,149
Amortization of Debt Discount (Premium)																		131,326
Convertible Notes Payable																11,603,199		10,907,922	9,626,695		9,626,695
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
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Minimum [Member]
Convertible Debt, Number of Written Days Notice				30 days
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Maximum [Member]
Convertible Debt, Number of Written Days Notice				90 days
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Result of Extension Option [Member]
Debt Instrument, Convertible, Conversion Price | $ / shares				$ 0.10
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Mandatory Conversion of Note if Condition 1 Exists [Member]
Debt Instrument, Convertible, Threshold Consecutive Trading Days				10 days
Debt Instrument, Convertible, Stock Price Trigger | $ / shares				$ 1
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Mandatory Conversion of Note if Condition 2 Exists [Member]
Debt Instrument, Convertible, Threshold Consecutive Trading Days				20 days
Debt Instrument, Convertible, Stock Price Trigger | $ / shares				$ 1.40
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Specified Event [Member]
Debt Instrument, Interest Rate, Stated Percentage				1.00%
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Combined Discount [Member]
Debt Instrument, Unamortized Discount				$ 16,560,771
Payment in Kind (PIK) Note [Member] | Series A Notes [Member]
Debt Instrument, Term				4 years
Proceeds from Convertible Debt			$ 12,500,000	$ 12,500,000							$ 12,500,000
Debt Instrument, Face Amount			$ 19,848,486	$ 19,848,486							$ 19,848,486					22,977,103		$ 21,882,955	19,848,486		19,848,486
Debt Instrument, Interest Rate, Stated Percentage			10.00%	10.00%							10.00%
Debt Instrument, Convertible, Conversion Price | $ / shares				$ 0.92														$ 1.36
Shares Issued For Liquidated Damages, Shares | shares															1,015,086
Shares Issued For Liquidated Damages															$ 741,011
Debt Instrument, Convertible, Beneficial Conversion Feature				$ 9,212,285
Debt Instrument, Unamortized Discount				$ 7,348,486												14,841,648		$ 15,717,991	16,450,742		16,450,742
Derivative Liability																3,626,505		4,876,093	9,557,476		9,557,476
Amortization of Debt Discount (Premium)																		732,751
Interest Payable																		2,034,469
Convertible Notes Payable																8,124,605		6,164,964	3,397,744		$ 3,397,744
Payment in Kind (PIK) Note [Member] | Minimum [Member]
Debt Instrument, Convertible, Remaining Discount Amortization Period																					2 years
Payment in Kind (PIK) Note [Member]
Proceeds from Convertible Debt																					$ 23,000,000
Debt Instrument, Face Amount																36,378,061		34,645,771	31,424,736		31,424,736
Debt Instrument, Unamortized Discount																16,632,757		17,572,885	18,400,297		18,400,297
Paid-in-Kind Interest		$ 1,094,148					$ 1,042,045		$ 992,424
Derivative Liability																3,856,834		5,138,857	10,035,625		10,035,625
Interest Payable																919,913
Convertible Notes Payable																19,727,804		17,072,886	13,024,439		13,024,439
Proceeds from Convertible Debt														$ 10,500,000					12,499,998	$ 10,500,000
Accrued Liquidated Damages																167,841		541,011	200,000		200,000
Shares Issued For Liquidated Damages																		741,011
Debt Instrument, Unamortized Discount																16,632,757		17,572,885	18,400,297		18,400,297
Paid-in-Kind Interest																$ 1,732,289	$ 578,813	3,221,035	1,076,250
Derivative Liability																		$ 5,138,857	$ 10,035,625	$ 0	$ 10,035,625

Note 8 - Convertible Debt PIK N

Note 8 - Convertible Debt PIK Notes (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014	Nov. 30, 2014	Nov. 03, 2014	Dec. 31, 2013	Aug. 05, 2013
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member]
Debt Instrument, Face Amount	$ 13,400,958	$ 12,762,816	$ 11,576,250				$ 10,500,000
Less: Discount	(1,791,109)	(1,854,894)	(1,949,555)
Convertible Notes Payable	11,603,199	10,907,922	9,626,695
Derivative Liability	230,329	262,764	478,149
Payment in Kind (PIK) Note [Member] | Series A Notes [Member]
Debt Instrument, Face Amount	22,977,103	21,882,955	19,848,486	$ 19,848,486	$ 19,848,486
Less: Discount	(14,841,648)	(15,717,991)	(16,450,742)		$ (7,348,486)
Convertible Notes Payable	8,124,605	6,164,964	3,397,744
Derivative Liability	3,626,505	4,876,093	9,557,476
Payment in Kind (PIK) Note [Member]
Debt Instrument, Face Amount	36,378,061	34,645,771	31,424,736
Less: Discount	(16,632,757)	(17,572,885)	(18,400,297)
Convertible Notes Payable	19,727,804	17,072,886	13,024,439
Derivative Liability	3,856,834	5,138,857	10,035,625
Less: Discount	$ (16,632,757)	(17,572,885)	(18,400,297)
Derivative Liability		$ 5,138,857	$ 10,035,625			$ 0

Note 9 - Stockholders' Equity (

Note 9 - Stockholders' Equity (Details Textual) - USD ($)	Jun. 24, 2016	Jan. 23, 2013	Dec. 22, 2011	Mar. 31, 2013	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Nov. 20, 2012
Directors and Consultants [Member]
Stock Issued During Period, Shares, Issued for Services					185,959		1,045,788	408,539	269,812
Stock Issued During Period, Value, Issued for Services					$ 45,094		$ 379,936	$ 327,269	$ 316,475
Common Stock [Member]
Stock Issued During Period, Shares, Issued for Services					178,980		1,045,788	408,539	269,812
Stock Issued During Period, Value, Issued for Services					$ 179		$ 1,046	$ 409	$ 270
Stock Issued During Period, Shares, New Issues		3,756,757							3,756,757
Share Price		$ 1.48
Proceeds from Issuance of Common Stock		$ 5,560,000
Preferred Stock, Shares Outstanding					0		0	0
Preferred Stock, Shares Authorized					10,000,000		10,000,000	10,000,000
Preferred Stock, Par or Stated Value Per Share					$ 0.001		$ 0.001	$ 0.001
Common Stock, Shares Authorized					200,000,000		200,000,000	200,000,000		120,000,000
Common Stock, Par or Stated Value Per Share					$ 0.001		$ 0.001	$ 0.001
Common Stock, Shares, Outstanding					108,376,049		97,144,736	95,054,552
Stock Issued During Period, Value, Issued for Services					$ 94,343		$ 379,936	$ 327,269	$ 316,475
Stock Issued During Period, Shares, New Issues	10,933,333		10,000,000	3,756,757
Proceeds from Issuance of Common Stock				$ 5,560,000	$ 1,640,000	$ 0			$ 5,560,000

Note 10 - Options and Warrant72

Note 10 - Options and Warrants to Purchase Common Stock (Details Textual) - USD ($)	Jun. 24, 2016	Nov. 03, 2014	Aug. 31, 2013	Dec. 22, 2011	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Mar. 31, 2013	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Nov. 20, 2012
LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized														8,900,000
Employee Stock Option [Member]
Allocated Share-based Compensation Expense					$ 238,064		$ 107,660		$ 365,045	$ 207,598	$ 397,417	$ 865,716	$ 4,707,381
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value					0				0		6,500
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options					$ 328,745				$ 328,745		$ 354,284
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition									1 year 98 days		5 years 43 days
Warrants Issued				5,000,000	0	0					0	0	0
Stock Issued During Period, Shares, New Issues	10,933,333			10,000,000				3,756,757
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 1.93	$ 2	$ 0.38			$ 1.97	$ 0.38		$ 1.11
Proceeds from Issuance of Common Stock								$ 5,560,000	$ 1,640,000	$ 0			$ 5,560,000
Class of Warrant or Right, Exercise Price Adjustment			$ 0.04					$ 0.03
Proceeds from Convertible Debt			$ 10,500,000									12,499,998	10,500,000
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												$ 830,000	$ 995,000
Class of Warrant or Right, Expired During Period											443,821
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross									2,671,488		1,138,356	1,175,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price									$ 0.26		$ 0.63	$ 0.84

Note 10 - Summary of the Status

Note 10 - Summary of the Status of the Warrants Outstanding (Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Aug. 31, 2013	Mar. 31, 2013	Dec. 22, 2011
Exercise Price 1 [Member]
Number Outstanding (in shares)	3,283,283	213,402
Weighted Average Remaining Contractual Life	5 years	32 days
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.25	$ 0.78
Exercise Price 4 [Member]
Number Outstanding (in shares)		461,340
Weighted Average Remaining Contractual Life		5 years 120 days
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 1.15
Exercise Price 5 [Member]
Number Outstanding (in shares)		54,367
Weighted Average Remaining Contractual Life		215 days
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 2
Number Outstanding (in shares)	3,798,990	729,109
Weighted Average Remaining Contractual Life	4 years 332 days	3 years 160 days
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.38	$ 1.11	$ 1.93	$ 1.97	$ 2

Note 10 - Significant Assumptio

Note 10 - Significant Assumptions Relating to the Valuation of Stock Options (Details) - Employee Stock Option [Member]	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Minimum [Member]
Dividend Yield				0.00%
Expected Life (in years)				5 years 182 days
Expected Volatility				56.10%
Risk Free Interest Rate				1.79%
Dividend Yield	0.00%	0.00%	0.00%
Expected Life (in years)	5 years	5 years 219 days	7 years
Expected Volatility	83.40%	51.00%	72.90%
Risk Free Interest Rate	1.20%	1.47%	2.00%

Note 10 - Summary of the Stat75

Note 10 - Summary of the Status and Changes of the Options Granted Under the Stock Option Plans and Other Agreements (Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Outstanding at beginning of period (in shares)	17,806,472	17,053,116	15,878,116
Outstanding at beginning of period (in dollars per share)	$ 1	$ 1.02	$ 1.03
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	2,671,488	1,138,356	1,175,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	$ 0.26	$ 0.63	$ 0.84
Forfeited (in shares)	0	(235,000)
Forfeited (in dollars per share)	$ 0	$ 0.77
Outstanding at end of period (in shares)	20,477,960	17,806,472	17,053,116
Outstanding at end of period (in dollars per share)	$ 0.92	$ 1	$ 1.02

Note 10 - Summary of the Vestin

Note 10 - Summary of the Vesting Periods of Options (Details) - shares	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Vesting Period from February 12 2015 to February 12 2015 [Member]
Stock Options Granted (in shares)		200,000
Vesting Period from April 15 2015 to April 15 2015 [Member]
Stock Options Granted (in shares)		38,356
Vesting Period from April 7 2015 to April 7 2016 [Member]
Stock Options Granted (in shares)		100,000
Vesting Period From September, 16 2015 To September, 16 2016 [Member]
Stock Options Granted (in shares)		100,000
Vesting Period from February 5 2015 to February 5 2018 [Member]
Stock Options Granted (in shares)		200,000
Vesting Period from June 1 2015 to June 1 2018 [Member]
Stock Options Granted (in shares)		350,000
Vesting Period from November 10 2015 to November 10 2018 [Member]
Stock Options Granted (in shares)		150,000
Stock Options Granted (in shares)	2,671,488	1,138,356	1,175,000

Note 10 - Summary of the Stat77

Note 10 - Summary of the Status of the Options Outstanding (Details)	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Exercise Price 1 [Member]
Options Outstanding, Number (in shares) | shares
Options Outstanding, Weighted Average Remaining Contractual Life	4 years 262 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 0.22
Options Exercisable, Number (in shares) | shares	25,002
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 0.22
Exercise Price 2 [Member]
Options Outstanding, Number (in shares) | shares
Options Outstanding, Weighted Average Remaining Contractual Life	4 years 317 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 0.50
Options Exercisable, Number (in shares) | shares	0
Exercise Price 3 [Member]
Options Outstanding, Number (in shares) | shares
Options Outstanding, Weighted Average Remaining Contractual Life	9 years 47 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 0.66
Options Exercisable, Number (in shares) | shares	200,000
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 0.66
Exercise Price 4 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	9 years 40 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 0.68
Options Exercisable, Number (in shares) | shares	0
Exercise Price 5 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	2 years 361 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 0.70
Options Exercisable, Number (in shares) | shares	7,233,277
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 0.70
Exercise Price 6 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	9 years 138 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 0.73
Options Exercisable, Number (in shares) | shares	94,178
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 0.73
Exercise Price 7 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	5 years 251 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 0.83
Options Exercisable, Number (in shares) | shares	3,405,134
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 0.83
Exercise Price 8 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	8 years 164 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 0.84
Options Exercisable, Number (in shares) | shares	691,667
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 0.84
Exercise Price 9 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	7 years 233 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 1.10
Options Exercisable, Number (in shares) | shares	200,000
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 1.10
Exercise Price 10 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	7 years 175 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 1.15
Options Exercisable, Number (in shares) | shares	233,333
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 1.15
Exercise Price 11 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	2 years 32 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 1.24
Options Exercisable, Number (in shares) | shares	100,000
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 1.24
Exercise Price 12 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	5 years 87 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 1.35
Options Exercisable, Number (in shares) | shares	115,000
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 1.35
Exercise Price 13 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	2 years 32 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 1.45
Options Exercisable, Number (in shares) | shares	125,000
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 1.45
Exercise Price 14 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	5 years 346 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 1.55
Options Exercisable, Number (in shares) | shares	330,000
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 1.55
Exercise Price 15 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	2 years 32 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 1.58
Options Exercisable, Number (in shares) | shares	7,645
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 1.58
Exercise Price 16 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	6 years 324 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 1.66
Options Exercisable, Number (in shares) | shares	3,077,060
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 1.66
Exercise Price 17 [Member]
Options Outstanding, Weighted Average Remaining Contractual Life	5 years 233 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 1.90
Options Exercisable, Number (in shares) | shares	900,000
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 1.90
Options Outstanding, Weighted Average Remaining Contractual Life	5 years 43 days
Options Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 1
Options Exercisable, Number (in shares) | shares	16,737,296
Options Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 1.01

Note 11 - Per Share Data (Detai

Note 11 - Per Share Data (Details Textual) - shares	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			17,956,742	17,053,116	15,878,166
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			729,109	1,172,930	6,240,930
Convertible Debt Securities [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	38,676,225	31,590,709	33,170,241	30,086,389	7,500,000

Note 12 - Income Taxes (Details

Note 12 - Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Jun. 30, 2016
State and Local Jurisdiction [Member] | IDAHO [Member]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	0.10%	0.10%	0.10%
State and Local Jurisdiction [Member] | UTAH [Member]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	2.55%	2.30%	1.50%
State and Local Jurisdiction [Member] | NEW YORK [Member]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	0.35%	0.40%	0.50%
State and Local Jurisdiction [Member]
Operating Loss Carryforwards	$ 51,205,132
Domestic Tax Authority [Member]
Operating Loss Carryforwards	76,126,103
Unrecognized Tax Benefits	$ 0	$ 0		$ 0
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	35.00%	35.00%
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	$ 5,672,480	$ 4,935,303	$ 5,034,877

Note 12 - Summary of Deferred T

Note 12 - Summary of Deferred Tax Assets (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Net operating loss carryforward	$ 28,475,616	$ 23,246,809
Stock-based compensation	4,240,612	4,121,311
Total deferred tax assets	32,716,228	27,368,120
Deferred tax liabilities:
Fixed assets	(348,869)	(673,241)
Less: valuation allowance	$ (32,367,359)	$ (26,694,879)

Note 12 - Reconciliation of Dif

Note 12 - Reconciliation of Differences between Effective and Statutory Income Tax Rates (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
State and Local Jurisdiction [Member] | IDAHO [Member]
State income taxes – Idaho	$ (7,652)	$ (11,016)	$ (14,264)
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	0.10%	0.10%	0.10%
State and Local Jurisdiction [Member] | UTAH [Member]
State income taxes – Idaho	$ (243,973)	$ (239,093)	$ (199,166)
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	2.55%	2.30%	1.50%
State and Local Jurisdiction [Member] | NEW YORK [Member]
State income taxes – Idaho	$ (30,468)	$ (46,372)	$ (58,721)
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	0.35%	0.40%	0.50%
Federal statutory rate	$ (3,457,068)	$ (3,610,711)	$ (4,572,234)
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	35.00%	35.00%
Change in valuation allowance related to derivatives	$ 5,672,480	$ 4,935,302	$ 5,034,877
Change in valuation allowance related to derivatives	(57.50%)	(47.80%)	(39.00%)
Net nontaxable income related to derivatives	$ (2,005,896)	$ (843,861)	$ (290,623)
Net nontaxable income related to derivatives	20.30%	8.20%	2.20%
Miscellaneous	$ 72,577	$ (184,249)	$ 100,131
Miscellaneous	(0.70%)	2.00%	(0.30%)
	0.00%	0.00%	0.00%

Note 13 - Related Party Transac

Note 13 - Related Party Transactions (Details)	Dec. 31, 2015USD ($)$ / sharesshares
The IBS Turnaround Fund (LP) (A Limited Partnership) [Member] | IBS Capital LLC [Member]
Investment	$ 531,960
OID/Discount (in dollars per share) | $ / shares	$ 0.66
Principal	$ 806,000
Shares Issuable at 0.92, excluding interest (in shares) | shares	876,087
The IBS Turnaround Fund (QP) (A Limited Partnership) [Member] | IBS Capital LLC [Member]
Investment	$ 1,118,040
OID/Discount (in dollars per share) | $ / shares	$ 0.66
Principal	$ 1,694,000
Shares Issuable at 0.92, excluding interest (in shares) | shares	1,841,304
The IBS Opportunity Fund Ltd. [Member] | IBS Capital LLC [Member]
Investment	$ 350,000
OID/Discount (in dollars per share) | $ / shares	$ 0.66
Principal	$ 530,303
Shares Issuable at 0.92, excluding interest (in shares) | shares	576,416
Investment	$ 2,000,000
Principal	$ 3,030,303
Shares Issuable at 0.92, excluding interest (in shares) | shares	3,293,807

Note 14 - Commitments and Con83

Note 14 - Commitments and Contingencies (Details Textual)	Apr. 18, 2014USD ($)	Jun. 30, 2016USD ($)	Dec. 31, 2015USD ($)
Office Space Leases [Member]
Operating Leases Monthly Rent			$ 13,131
Operating Leases, Future Minimum Payments Due			$ 157,575
Loss Contingency, Damages Sought, Value	$ 346,000
Number of Purchase Orders	2
Operating Leases, Future Minimum Payments Due		$ 78,783

Note 15 - Quarterly Financial I

Note 15 - Quarterly Financial Information (Details) - USD ($)	3 Months Ended									6 Months Ended		12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenue		$ 235,586	$ 43,293	$ 65,848	$ 162,747	$ 119,533	$ 55,681	$ 47,993	$ 11,014
Operating loss	$ (1,097,913)	(2,022,257)	(2,415,818)	(2,803,433)	(2,675,300)	(3,147,929)	(2,389,291)	(2,712,065)	(2,552,293)	$ (2,399,009)	$ (5,478,733)	$ (9,916,808)	$ (10,801,578)	$ (13,403,550)
Net income (loss)	$ (3,185,359)	$ (4,674,752)	$ 1,792,956	$ (2,728,876)	$ (4,194,465)	$ (4,346,638)	$ (2,576,750)	$ (3,035,704)	$ (357,225)	$ (3,731,884)	$ (6,923,341)	$ (9,805,137)	$ (10,316,317)	$ (13,063,526)
Income (Loss) Per Share (Basic and Diluted) (in dollars per share)	$ (0.03)	$ (0.02)	$ 0.02	$ (0.03)	$ (0.04)	$ (0.05)	$ (0.03)	$ (0.03)	$ 0	$ (0.04)	$ (0.07)	$ (0.10)	$ (0.11)	$ (0.14)

Note 16 - Subsequent Event (Det

Note 16 - Subsequent Event (Details Textual) - Subsequent Event [Member]	Mar. 23, 2016USD ($)
Proceeds from Sale of Real Estate	$ 418,000
Proceeds from Sale of Real Estate, Net	$ 380,000
Premium Paid to Auction	10.00%

Note 3 - Liquidity (Details Tex

Note 3 - Liquidity (Details Textual)	Jun. 24, 2016USD ($)$ / shares$ / itemshares	Dec. 22, 2011$ / sharesshares	Jun. 30, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / shares	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Sep. 30, 2014USD ($)	Jun. 30, 2014USD ($)	Mar. 31, 2014USD ($)	Mar. 31, 2013$ / sharesshares	Jun. 30, 2016USD ($)$ / sharesshares	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)$ / shares	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Aug. 31, 2013$ / shares
Private Placement [Member]
Warrant Per Unit | shares	1												1
Proceeds from Issuance or Sale of Equity	$ 1,640,000
Number of Units, Issued During Period	10,933,333
Price Per Unit | $ / item	0.15
Common Stock Per Unit | shares	1												1
Class of Warrant or Right, Expiration Term	5 years
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right | shares	0.3		0.3										0.3
Stock Issued During Period, Shares, New Issues | shares	10,933,339												10,933,339
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | shares	3,283,283
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares	$ 0.25
Payment in Kind (PIK) Note [Member]
Interest Payable			$ 919,913										$ 919,913
Net Income (Loss) Attributable to Parent			(3,185,359)	$ (4,674,752)	$ 1,792,956	$ (2,728,876)	$ (4,194,465)	$ (4,346,638)	$ (2,576,750)	$ (3,035,704)	$ (357,225)		(3,731,884)	$ (6,923,341)	$ (9,805,137)	$ (10,316,317)	$ (13,063,526)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations													(1,528,002)	$ (4,731,175)	(8,585,557)	(8,003,851)	$ (8,205,101)
Working Capital			1,338,077	563,324									1,338,077		563,324
Accrued Liquidated Damages			$ 167,841	$ 541,011				$ 200,000					$ 167,841		$ 541,011	$ 200,000
Proceeds from Issuance or Sale of Equity	$ 1,640,000
Stock Issued During Period, Shares, New Issues | shares	10,933,333	10,000,000										3,756,757
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares		$ 2	$ 0.38	$ 1.11								$ 1.97	$ 0.38		$ 1.11			$ 1.93

Note 4 - Summary of Significa87

Note 4 - Summary of Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Payment in Kind (PIK) Note [Member]
Convertible Debt, Fair Value Disclosures	$ 23,463,323		$ 23,463,323		$ 21,789,259
Convertible Debt Securities [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			38,676,225	31,590,709	33,170,241	30,086,389	7,500,000
Allowance for Doubtful Accounts Receivable	0	$ 0	$ 0	$ 0	$ 0	$ 0
Unrecognized Tax Benefits	0		0		0	0
Depreciation	$ 338,333	$ 326,684	$ 674,420	$ 652,905	$ 1,312,585	$ 1,164,366	$ 317,570
Weighted Average Number of Shares Outstanding, Basic and Diluted	97,889,350	95,653,519	97,556,480	95,381,825	96,033,553	94,895,194	94,303,264
Outstanding Options and Warrants to Purchase Common Stock Not Included in Diluted Computation	24,276,950	18,929,402	24,276,950	18,929,402

Note 4 - Property and Equipme88

Note 4 - Property and Equipment (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Building and Building Improvements [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	5 years	5 years
Building and Building Improvements [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	40 years	40 years
Mining Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	2 years	2 years
Mining Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years	7 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	3 years	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years	7 years
Vehicles [Member]
Property, Plant and Equipment, Useful Life	5 years	5 years

Note 4 - Liabilities Measured a

Note 4 - Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Series 2023 PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 1 [Member]
Derivative Liability, Fair Value, Gross Liability	$ 0	$ 0
Series 2023 PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative Liability, Fair Value, Gross Liability	0	0
Series 2023 PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative Liability, Fair Value, Gross Liability	230,329	262,764
Series 2023 PIK Note Derivative Liability [Member]
Derivative Liability, Fair Value, Gross Liability	230,329	262,764	$ 478,149
Series A PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 1 [Member]
Derivative Liability, Fair Value, Gross Liability	0	0
Series A PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative Liability, Fair Value, Gross Liability	0	0
Series A PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative Liability, Fair Value, Gross Liability	3,626,505	4,876,093
Series A PIK Note Derivative Liability [Member]
Derivative Liability, Fair Value, Gross Liability	$ 3,626,505	$ 4,876,093	$ 9,557,476

Note 4 - Derivatives Measured a

Note 4 - Derivatives Measured at Fair Value (Details)	6 Months Ended
	Jun. 30, 2016USD ($)
PIK Note Derivative Liability [Member]
Issuance of additional PIK Notes	$ 9,383
Balance at beginning of year	5,138,857
Net unrealized gains included in net (loss)	(1,291,406)
Balance at end of year	$ 3,856,834

Note 4 - Valuation Assumptions

Note 4 - Valuation Assumptions (Details) - Fair Value, Inputs, Level 3 [Member] - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015		Dec. 31, 2014
Series 2023 PIK Note Derivative Liability [Member]
Share Price	$ 0.18	$ 0.28		$ 0.73
Exercise price (in dollars per share)	$ 1.28	$ 1.36		$ 1.33
Term (years)	7 years 29 days	7 years 211 days		8 years 211 days
Expected volatility	86.00%	72.90%	[1]	52.00%	[1]
Risk-free interest rate	1.30%	2.12%		2.08%
Series A PIK Note Derivative Liability [Member]
Share Price	$ 0.18	$ 0.28		$ 0.73
Exercise price (in dollars per share)	$ 0.83	$ 0.92		$ 0.92
Term (years)	7 years 29 days	2 years 299 days		3 years 302 days
Expected volatility	86.00%	72.90%		52.00%
Risk-free interest rate	1.30%	2.12%		2.08%
[1]	During the first quarter of 2014, the Company revised its assumption for expected volatility by switching from a peer-group average volatility to the Company's three-year historical volatility in measuring the value of the derivative liabilities mentioned above. Prior to 2011, the occurrence of certain corporate events would not have made the historical volatility calculations meaningful or accurate if included. This reduction in volatility led to a reduced valuation for both the Warrant and Series 2023 Note derivative liabilities of approximately $118,500 and $126,000, respectively, in 2015. The remaining decrease in the valuation is attributable to the decline in stock price.

Note 6 - Notes Payable (Details

Note 6 - Notes Payable (Details Textual) - USD ($)	Oct. 31, 2014	Aug. 31, 2014	Sep. 20, 2012	Apr. 17, 2012	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Oct. 21, 2015	Oct. 17, 2015	Aug. 21, 2015	Aug. 17, 2015	Oct. 17, 2014
Note Payable Mining Equipment 2 [Member]
Debt Instrument, Face Amount				$ 40,565
Debt Instrument, Interest Rate, Effective Percentage				11.279%
Debt Instrument, Periodic Payment				$ 950					$ 6,060	$ 6,060
Debt Instrument, Term				4 years
Note Payable, Mining Equipment, Purchased in October 2014 [Member]
Debt Instrument, Face Amount	$ 57,900	$ 57,900
Debt Instrument, Periodic Payment	$ 1,339	$ 1,339
Debt Instrument, Term	4 years	4 years
Debt Instrument, Interest Rate, Stated Percentage	5.20%	5.20%
Note Payable Mining Site Vehicle [Member]
Debt Instrument, Face Amount			$ 37,701
Debt Instrument, Periodic Payment			$ 628				$ 628		628	628
Debt Instrument, Term			5 years
Note Payable Insurance Company 1 [Member]
Debt Instrument, Interest Rate, Stated Percentage											11.845%	3.00%	11.845%	3.00%	4.732%
Mining Equipment [Member]
Property, Plant and Equipment, Gross	$ 65,120	$ 65,120							1,697,583	1,684,197
Property, Plant and Equipment, Gross									8,994,574	9,538,198
Debt Instrument, Periodic Payment, Interest					$ 2,909	$ 1,776	$ 4,204	$ 5,974	$ 12,839	$ 10,460

Note 6 - Summary of Note Payabl

Note 6 - Summary of Note Payable (Details) - USD ($)		Jun. 30, 2016		Dec. 31, 2015		Dec. 31, 2014
Note Payable Mining Equipment [Member]
Note payable		$ 0	[1]	$ 3,714	[1],[2]	$ 14,057	[2]
Note Payable Mining Equipment 3 [Member]
Note payable		35,226	[3]	42,235	[3]	18,246	[4]
Note Payable Mining Site Vehicle [Member]
Note payable		9,426	[5]	13,196	[5],[6]	20,736	[6]
Note Payable Insurance Company 2 [Member]
Note payable		8,804	[7]	60,953	[7]	42,211	[8]
Note Payable Insurance Company 3 [Member]
Note payable	[9]	18,119		124,019
Note payable		71,575		244,117		306,039
Less: Current Portion		(49,040)		(210,429)		(246,894)
Notes Payable, Long-Term Portion		$ 22,535		$ 33,688		$ 59,145
[1]	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.
[2]	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.
[3]	On October 31, 2014, the Company purchased mining equipment for $65,120 by paying a deposit and issuing a note in the amount of $57,900 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.
[4]	On April 1, 2014, the Company purchased lab equipment for $109,493 by paying deposit 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 November 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 by the vehicle with payments of $628 for 60 months, which started on October 20, 2012.
[6]	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.
[7]	The Company signed a note payable with an insurance company dated October 21, 2015 for liability insurance, due in monthly installments, including interest at 11.845%.
[8]	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.
[9]	The Company signed a note payable with an insurance company dated October 17, 2015 for liability insurance, due in monthly installments, including interest at 3.000%.

Note 6 - Summary of Note Paya94

Note 6 - Summary of Note Payable (Details) (Parentheticals) - USD ($)	Sep. 20, 2012	Jul. 23, 2012	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Note Payable Mining Equipment [Member]
Note payable, monthly payment			$ 950	$ 950	$ 950
Note Payable Mining Equipment 3 [Member]
Note payable, monthly payment		$ 6,060	1,339	9,122	9,122
Note Payable Mining Site Vehicle [Member]
Note payable, monthly payment	$ 628		628	628	628
Note Payable Insurance Company 2 [Member]
Note payable, monthly payment			9,055	6,094	6,094
Note Payable Insurance Company 3 [Member]
Note payable, monthly payment			$ 18,609	$ 9,055	$ 9,055

Note 6 - Future Minimum Note Pa

Note 6 - Future Minimum Note Payments (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
July 2016 - June 2017	$ 49,040
July 2017 - June 2018	18,554
July 2018 - June 2019	3,981
Total Notes Payable	$ 71,575	$ 244,117	$ 306,039

Note 7 - Convertible Debt (PI96

Note 7 - Convertible Debt (PIK Notes) (Details Textual)	Jun. 24, 2016USD ($)$ / sharesshares	May 31, 2016USD ($)	Nov. 30, 2014USD ($)	Nov. 03, 2014USD ($)$ / shares	Aug. 05, 2013USD ($)$ / shares	Feb. 29, 2016USD ($)	Nov. 30, 2015USD ($)	Aug. 31, 2015USD ($)	May 31, 2015USD ($)	Feb. 28, 2015USD ($)	Nov. 30, 2014USD ($)	Aug. 31, 2014USD ($)	Feb. 28, 2014USD ($)	Aug. 31, 2013USD ($)	Dec. 22, 2011shares	Mar. 31, 2013shares	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)$ / shares	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Jun. 30, 2016USD ($)	Dec. 31, 2014USD ($)	Jun. 30, 2016USD ($)
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Maximum [Member]
Convertible Debt, Number of Written Days Notice				90 days
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Minimum [Member]
Convertible Debt, Number of Written Days Notice				30 days
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Result of Extension Option [Member]
Debt Instrument, Convertible, Conversion Price | $ / shares				$ 0.10
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Specified Event [Member]
Debt Instrument, Interest Rate, Stated Percentage				1.00%
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Combined Discount [Member]
Debt Instrument, Unamortized Discount				$ 16,560,771
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Series A PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative Liability, Fair Value, Gross Liability																	$ 3,626,505					$ 3,626,505		$ 3,626,505
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Period Increase (Decrease)																						5,585,780
Payment in Kind (PIK) Note [Member] | Series A Notes [Member]
Proceeds from Convertible Debt			$ 12,500,000	12,500,000							$ 12,500,000
Debt Instrument, Face Amount			$ 19,848,486	$ 19,848,486							$ 19,848,486						22,977,103		$ 21,882,955	$ 19,848,486		22,977,103	$ 19,848,486	22,977,103
Debt Instrument, Interest Rate, Stated Percentage			10.00%	10.00%							10.00%
Debt Instrument, Convertible, Conversion Price | $ / shares				$ 0.92															$ 1.36
Debt Instrument, Convertible, Beneficial Conversion Feature				$ 9,212,285
Debt Instrument, Unamortized Discount				$ 7,348,486													14,841,648		$ 15,717,991	16,450,742		14,841,648	16,450,742	14,841,648
Debt Instrument, Term				4 years
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member] | Result of Anti-Dilution Adjustments after Issuance of Series A Notes [Member]
Debt Instrument, Convertible, Conversion Price | $ / shares					$ 1.36
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member] | Result of Anti-Dilution Adjustment after Issuance of Equity Units [Member]
Debt Instrument, Convertible, Conversion Price | $ / shares	$ 1.28
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member] | After Series A Notes Issuance [Member]
Debt Instrument, Convertible, Beneficial Conversion Feature					$ 2,055,000
Debt Instrument, Convertible, Number of Equity Instruments	8,203,125				7,720,588
Financial Instruments Subject to Mandatory Conversion Earliest Conversion					1 year
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member] | Series 2023 PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Period Increase (Decrease)																								1,824,671
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member]
Proceeds from Convertible Debt					$ 10
Debt Instrument, Face Amount					$ 10,500,000												13,400,958		12,762,816	11,576,250		13,400,958	11,576,250	13,400,958
Debt Instrument, Interest Rate, Stated Percentage					10.00%
Debt Instrument, Convertible, Conversion Price | $ / shares					$ 1.40
Debt Instrument, Convertible, Beneficial Conversion Feature					$ 2,055,000
Debt Instrument, Unamortized Discount																	1,791,109		1,854,894	1,949,555		1,791,109	1,949,555	1,791,109
Debt Instrument, Term					10500000 years
Paid-in-Kind Interest						$ 638,141		$ 607,753		$ 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
Payment in Kind (PIK) Note [Member]
Proceeds from Convertible Debt																							23,000,000
Debt Instrument, Face Amount																	36,378,061		34,645,771	31,424,736		36,378,061	31,424,736	36,378,061
Debt Instrument, Unamortized Discount																	16,632,757		17,572,885	18,400,297		16,632,757	18,400,297	16,632,757
Paid-in-Kind Interest		$ 1,094,148					$ 1,042,045		$ 992,424
Series A PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative Liability, Fair Value, Gross Liability																	3,626,505		4,876,093			3,626,505		3,626,505
Series A PIK Note Derivative Liability [Member]
Derivative Liability, Fair Value, Gross Liability																	3,626,505		4,876,093	9,557,476		3,626,505	9,557,476	3,626,505
Series 2023 PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative Liability, Fair Value, Gross Liability																	230,329		262,764			230,329		230,329
Series 2023 PIK Note Derivative Liability [Member]
Derivative Liability, Fair Value, Gross Liability																	230,329		262,764	478,149		230,329	478,149	230,329
Proceeds from Convertible Debt														$ 10,500,000						12,499,998	$ 10,500,000
Accrued Liquidated Damages																	167,841		541,011	200,000		167,841	200,000	167,841
Debt Instrument, Unamortized Discount																	16,632,757		17,572,885	18,400,297		$ 16,632,757	$ 18,400,297	$ 16,632,757
Paid-in-Kind Interest																	$ 1,732,289	$ 578,813	$ 3,221,035	$ 1,076,250
Stock Issued During Period, Shares, New Issues | shares	10,933,333														10,000,000	3,756,757
Proceeds from Issuance or Sale of Equity	$ 1,640,000

Note 7 - Convertible Debt PIK N

Note 7 - Convertible Debt PIK Notes (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014	Nov. 30, 2014	Nov. 03, 2014	Dec. 31, 2013	Aug. 05, 2013
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member]
Debt Instrument, Face Amount	$ 13,400,958	$ 12,762,816	$ 11,576,250				$ 10,500,000
Less: Discount	(1,791,109)	(1,854,894)	(1,949,555)
Less: Deferred Financing Cost	(6,650)	(7,828)
Convertible Notes Payable	11,603,199	10,907,922	9,626,695
Derivative Liability	230,329	262,764	478,149
Payment in Kind (PIK) Note [Member] | Series A Notes [Member]
Debt Instrument, Face Amount	22,977,103	21,882,955	19,848,486	$ 19,848,486	$ 19,848,486
Less: Discount	(14,841,648)	(15,717,991)	(16,450,742)		$ (7,348,486)
Less: Deferred Financing Cost	(10,850)	(13,422)
Convertible Notes Payable	8,124,605	6,164,964	3,397,744
Derivative Liability	3,626,505	4,876,093	9,557,476
Payment in Kind (PIK) Note [Member]
Debt Instrument, Face Amount	36,378,061	34,645,771	31,424,736
Less: Discount	(16,632,757)	(17,572,885)	(18,400,297)
Less: Deferred Financing Cost	(17,500)	(21,250)
Convertible Notes Payable	19,727,804	17,072,886	13,024,439
Derivative Liability	3,856,834	5,138,857	10,035,625
Less: Discount	$ (16,632,757)	(17,572,885)	(18,400,297)
Derivative Liability		$ 5,138,857	$ 10,035,625			$ 0

Note 8 - Stockholders' Equity (

Note 8 - Stockholders' Equity (Details Textual) - USD ($)	Jun. 24, 2016	Dec. 22, 2011	Mar. 31, 2013	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Nov. 20, 2012
Private Placement [Member]
Payments of Stock Issuance Costs				$ 0
Stock Issued During Period, Shares, New Issues	10,933,339			10,933,339
Stock Issued During Period, Value, New Issues				$ 1,640,000
Common Stock Per Unit	1			1
Warrant Per Unit	1			1
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right	0.3			0.3
Proceeds from Issuance of Private Placement				$ 1,640,000
Directors and Consultants [Member]
Stock Issued During Period, Shares, Issued for Services				185,959	1,045,788	408,539	269,812
Stock Issued During Period, Value, Issued for Services				$ 45,094	$ 379,936	$ 327,269	$ 316,475
Preferred Stock, Shares Outstanding				0	0	0
Common Stock, Shares, Issued				108,376,049	97,144,736	97,144,736
Preferred Stock, Shares Authorized				10,000,000	10,000,000	10,000,000
Preferred Stock, Par or Stated Value Per Share				$ 0.001	$ 0.001	$ 0.001
Common Stock, Shares Authorized				200,000,000	200,000,000	200,000,000		120,000,000
Common Stock, Par or Stated Value Per Share				$ 0.001	$ 0.001	$ 0.001
Common Stock, Shares, Outstanding				108,376,049	97,144,736	95,054,552
Stock Issued During Period, Value, Issued for Services				$ 94,343	$ 379,936	$ 327,269	316,475
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures				118,994
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures				$ 26,580
Stock Issued During Period, Shares, New Issues	10,933,333	10,000,000	3,756,757
Stock Issued During Period, Value, New Issues							$ 5,560,000

Note 9 - Options and Warrants99

Note 9 - Options and Warrants to Purchase Common Stock (Details Textual) - USD ($)	Jun. 24, 2016	Dec. 22, 2011	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Mar. 31, 2013	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Aug. 31, 2013	Nov. 20, 2012
Private Placement [Member]
Stock Issued During Period, Shares, New Issues	10,933,339						10,933,339
Price of Unit	$ 0.15
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	3,283,283
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.25
Class of Warrant or Right, Expiration Term	5 years
LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized													8,900,000
Employee Stock Option [Member]
Allocated Share-based Compensation Expense			$ 238,064		$ 107,660		$ 365,045	$ 207,598	$ 397,417	$ 865,716	$ 4,707,381
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value			0				0		6,500
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options			$ 328,745				$ 328,745		$ 354,284
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition							1 year 98 days		5 years 43 days
Warrants Issued		5,000,000	0	0					0	0	0
Stock Issued During Period, Shares, New Issues	10,933,333	10,000,000				3,756,757
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 2	$ 0.38			$ 1.97	$ 0.38		$ 1.11			$ 1.93
Intrinsic Value of Outstanding Warrants			$ 0				$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross							2,671,488		1,138,356	1,175,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price							$ 0.26		$ 0.63	$ 0.84
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value							$ 0.10

Note 9 - Summary of the Status

Note 9 - Summary of the Status of the Warrants Outstanding (Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Aug. 31, 2013	Mar. 31, 2013	Dec. 22, 2011
Exercise Price 1 [Member]
Warrants Outstanding and Exercisable Number Outstanding (in shares)	3,283,283	213,402
Warrants Outstanding and Exercisable Weighted Average Remaining Contractual Life	5 years	32 days
Warrants Outstanding and Exercisable Weighted Average Exercise Price (in dollars per share)	$ 0.25	$ 0.78
Exercise Price 2 [Member]
Warrants Outstanding and Exercisable Number Outstanding (in shares)	461,340
Warrants Outstanding and Exercisable Weighted Average Remaining Contractual Life	4 years 302 days
Warrants Outstanding and Exercisable Weighted Average Exercise Price (in dollars per share)	$ 1.15
Exercise Price 3 [Member]
Warrants Outstanding and Exercisable Number Outstanding (in shares)	54,367
Warrants Outstanding and Exercisable Weighted Average Remaining Contractual Life	32 days
Warrants Outstanding and Exercisable Weighted Average Exercise Price (in dollars per share)	$ 2
Warrants Outstanding and Exercisable Number Outstanding (in shares)	3,798,990	729,109
Warrants Outstanding and Exercisable Weighted Average Remaining Contractual Life	4 years 332 days	3 years 160 days
Warrants Outstanding and Exercisable Weighted Average Exercise Price (in dollars per share)	$ 0.38	$ 1.11	$ 1.93	$ 1.97	$ 2

Note 9 - Significant Assumption

Note 9 - Significant Assumptions Relating to the Valuation of Stock Options (Details) - Employee Stock Option [Member]	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Dividend Yield	0.00%	0.00%	0.00%
Expected Life (in years)	5 years	5 years 219 days	7 years
Expected Volatility	83.40%	51.00%	72.90%
Risk Free Interest Rate	1.20%	1.47%	2.00%

Note 9 - Summary of the Stat102

Note 9 - Summary of the Status and Changes of the Options Granted Under the Stock Option Plans and Other Agreements (Details) - $ / shares		6 Months Ended	12 Months Ended
		Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Outstanding at beginning of period (in shares)		17,806,472	17,053,116	15,878,116
Outstanding at beginning of period (in dollars per share)		$ 1	$ 1.02	$ 1.03
Outstanding at beginning of period	[1]	4 years 197 days
Stock Options Granted (in shares)		2,671,488	1,138,356	1,175,000
Issued (in dollars per share)		$ 0.26	$ 0.63	$ 0.84
Issued	[1]
Exercised (in shares)		0
Exercised (in dollars per share)		$ 0
Forfeited (in shares)		0	(235,000)
Forfeited (in dollars per share)		$ 0	$ 0.77
Outstanding at end of period (in shares)		20,477,960	17,806,472	17,053,116
Outstanding at end of period (in dollars per share)		$ 0.92	$ 1	$ 1.02
Exercisable at end of period (in shares)		19,271,284
Exercisable at end of period (in dollars per share)		$ 0.92
Exercisable at end of period	[1]	4 years 197 days
[1]	Measured in years

Note 10 - Summary of Contractua

Note 10 - Summary of Contractual Obligations (Details)	Jun. 30, 2016USD ($)
Contractual Obligations:
Operating Leases, Future Minimum Payments Due	$ 78,783
Rent obligations, due in less than one year	78,783
Rent obligations, due in one to three years	0
Total, due	78,783
Total, due in less than one year	78,783
Total, due in one to three years	$ 0

Schedule II - Valuation and 104

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Allowance for Doubtful Accounts [Member]
Balance at Beginning of Year			$ 25,106
Net Recoveries			25,106
Valuation Allowance of Deferred Tax Assets [Member]
Balance at Beginning of Year	$ 26,694,879	$ 21,759,577	16,724,700
Additions Charged to Expenses/ Other Accounts	5,672,480	4,935,302	5,034,877
Balance at End of Year	$ 32,367,359	$ 26,694,879	$ 21,759,577