v3.25.2
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash $ 8,445 $ 719
Prepaid expenses 10,000
Total current assets 8,445 10,719
Mineral rights 3,883,524 3,883,524
Total assets 3,891,969 3,894,243
Liabilities and stockholders’ deficit    
Accounts payable 1,548,673 1,528,366
Accrued interest 2,269,825 2,077,700
Total current liabilities 5,002,361 4,251,369
Commitments and contingencies (Note 8)
Stockholders’ deficit:    
Common stock, $0.001 par value, 500,000,000 shares authorized: 13,912,236 issued and outstanding at June 30, 2025 and December 31, 2024, respectively 13,912 13,912
Additional paid-in capital 103,182,899 103,182,899
Accumulated deficit (114,307,203) (113,553,937)
Total stockholders’ deficit (11,110,392) (10,357,126)
Total liabilities and stockholders’ deficit 3,891,969 3,894,243
Series A Preferred Stock    
Liabilities and stockholders’ deficit    
Preferred stock, 50,000,000 shares authorized Series A, $.001 par value, 10,000,000 shares issued and outstanding as of June 30, 2025 and December 31, 2024 10,000,000 10,000,000
Related Party    
Liabilities and stockholders’ deficit    
Convertible promissory notes, related party 937,080 425,588
Accounts payable – related party 190,858 190,858
Accrued interest - related party $ 55,925 $ 28,857