v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash $ 1,544 $ 5,296
Prepaid expenses 25,242 42,389
Total current assets 26,786 47,685
Mineral rights 3,883,524 3,883,524
Total assets 3,925,673 3,948,492
LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ DEFICIT    
Accounts payable 1,742,564 1,742,657
Accrued expenses 23,747 41,030
Accrued interest 2,625,926 2,508,959
Promissory note 105,000 105,000
Total current liabilities 4,842,937 4,457,703
Total liabilities 4,851,651 4,468,388
Commitments and contingencies (Note 8)
Stockholders’ deficit:    
Common stock, $0.001 par value, 500,000,000 shares authorized: 14,101,318 and 14,099,393 issued and outstanding as of March 31, 2026, and December 31, 2025, respectively. 14,101 14,099
Additional paid-in capital 104,956,568 104,940,304
Accumulated deficit (115,896,647) (115,474,299)
Total stockholders’ deficit (10,925,978) (10,519,896)
Total liabilities and stockholders’ deficit 3,925,673 3,948,492
Related Party    
Current assets:    
Right-of-use asset - related party 15,363 17,283
LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ DEFICIT    
Accounts payable - related party 58,190 45,155
Accrued expenses - related party 5,000 7,500
Accrued interest - related party 2,742
Operating lease liability - related party 7,654 7,402
Convertible promissory notes - related party 272,114
Operating lease liability - related party, non-current 8,714 10,685
Series A Preferred Stock    
LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ DEFICIT    
Preferred stock, 50,000,000 shares authorized Series A, $.001 par value, 10,000,000 shares issued and outstanding as of March 31, 2026 and December 31, 2025. $ 10,000,000 $ 10,000,000