v3.25.1
Inventories
12 Months Ended
Dec. 31, 2024
INVENTORIES  
Inventories

NOTE 2 – INVENTORIES

Inventories are carried at the lower of cost or fair value and consist of mined tonnage, gravity-flotation concentrates, and gravity tailings (or, flotation feed material). Inventory balances as of December 31, 2024 and 2023, respectively, were as follows:

 

 

2024

 

 

2023

 

Mined Tonnage

 

$

1,406,448

 

 

$

2,061,149

 

Gold-Silver Concentrates

 

 

169,944

 

 

 

28,045

 

Total Inventories

 

$

1,576,392

 

 

$

2,089,194