v3.25.1
DEFERRED INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2024
Deferred Income Taxes and Other Assets [Abstract]  
Schedule of components of income tax expense (benefit) [Table Text Block]
    2024     2023     2022  
Pre tax income $ 2,725,145   $ 876,539   $ 1,564,849  
                   
Tax at the BVI rate 0%   -     -     -  
Tax in Ghana at 35%   1,176,432     933,918     745,787  
Other   -     12,082     (6,043 )
Permanent Adjustment   (376,432 )   (84,185 )   60,256  
Income tax $ 800,000   $ 861,815   $ 800,000  
Schedule of reconciliation of effective income tax [Table Text Block]
    2024     2023     2022  
Tax in Ghana at 35% $ 1,176,432   $ 933,918   $ 745,787  
Accrual for tax - current year   800,000     800,000     800,000  
    376,432     133,918     (54,213 )
Adjustments and unaccrued tax payments related to
previous years
  376,432     (61,815 )   -  
Differences, current year   -     72,103     (54,213 )
Cumulative differences, prior year   -     (47,452 )   6,671  
Cumulative differences, current year   -     24,651     (47,452 )
Valuation allowance   -     (24,651 )   47,452  
Total deferred income tax asset (liability) $ -   $ -   $ -