v3.25.2
Property Plant and Equipment (Tables)
6 Months Ended
Jun. 30, 2025
Property Plant and Equipment  
Property, Plant and Equipment

 

 

June 30, 2025

 

 

December 31, 2024

 

Mine Equipment

 

$10,461,808

 

 

$8,223,596

 

Accumulated Depreciation

 

 

(4,092,648)

 

 

(3,845,349)

Total Mine Equipment

 

 

6,369,160

 

 

 

4,378,247

 

 

 

 

 

 

 

 

 

 

Mill Equipment

 

 

9,069,657

 

 

 

7,580,452

 

Accumulated Depreciation

 

 

(2,899,653)

 

 

(2,453,673)

Total Mill Equipment

 

 

6,170,004

 

 

 

5,126,779

 

 

 

 

 

 

 

 

 

 

Buildings

 

 

3,111,516

 

 

 

2,715,931

 

Accumulated Depreciation

 

 

(340,359)

 

 

(295,595)

Total Buildings

 

 

2,771,157

 

 

 

2,420,336

 

 

 

 

 

 

 

 

 

 

Land

 

 

978,703

 

 

 

978,703

 

 

 

 

 

 

 

 

 

 

Total

 

$16,289,024

 

 

$12,904,065

 

Schedule of depreciation expense for property, plant, and equipment

June 30, 2025

 

 

June 30, 2024

 

Three Months

 

 

Six Months

 

 

Three Months

 

 

Six Months

 

$

488,183

 

 

$1,003,465

 

 

$431,598

 

 

$908,223