v3.25.2
Nature of Business and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Nature of Business and Summary of Significant Accounting Policies [Abstract]  
Schedule of Several Factors Including Future Operations and the Ultimate Life The amounts and timing of the mine closure obligations will vary depending on several factors including future operations and the ultimate life of the mine, future economic conditions, and changes in applicable environmental regulations.
Period end  6/30/2025   12/31/2024 
Balance, beginning of period  $2,721,138   $3,081,797 
Accretion   145,408    240,688 
Costs applied to ARO balance   (295)   (77,734)
Change in estimates   (307,014)   (523,613)
Balance, end of period (current)  $1,082,200   $1,117,000 
Balance, end of period (long term)  $1,477,037   $1,604,138 
           
Life of mine - Bullfrog Project   2031    2031 
Life of mine - Reward Project   2029    2029 
Discount rate   10.5%   11.5%
Inflation rate (average)   2.0%   2.1%
Schedule of Basic and Diluted Earnings Per Share

The following table shows basic and diluted earnings per share:

 

   Three Months Ended   Six Months Ended 
    6/30/2025    6/30/2024    6/30/2025    6/30/2024 
Basic and diluted loss per common share                    
Loss  $(1,877,535)  $(538,937)  $(3,521,323)  $(3,116,180)
Basic weighted average shares outstanding   85,929,753    85,929,753    85,929,753    85,929,753 
Assumed conversion of dilutive shares   0    0    0    0 
Diluted weighted average common shares outstanding, assuming conversion of common stock equivalents   85,929,753    85,929,753    85,929,753    85,929,753 
Basic loss per common share  $(0.02)  $(0.01)  $(0.04)  $(0.04)
Diluted loss per common share  $(0.02)  $(0.01)  $(0.04)  $(0.04)