| Notes Payable |
10. Notes Payable At June 30, 2026 and December 31, 2025, notes payable are as follows: | | June 30, 2026 | | | December 31, 2025 | | Mine Equipment | | | | | | | | | Weighted average interest rate of 6.88%, and weighted average remaining term of 3.6 years as of June 30, 2026 | | $ | 1,455,509 | | | $ | 1,581,098 | | Mill Equipment | | | | | | | | | Weighted average interest rate of 8.07%, and weighted average remaining term of 2.9 years as of June 30, 2026 | | | 462,400 | | | | 535,766 | | Buildings/Land | | | | | | | | | Weighted average interest rate of 7.00%, and weighted average remaining term of 0.9 years as of June 30, 2026 | | | 206,918 | | | | 214,520 | | Total notes payable | | | 2,124,827 | | | | 2,331,384 | | Due within one year | | | 831,381 | | | | 1,029,336 | | Due after one year | | $ | 1,293,446 | | | $ | 1,302,048 | |
All notes are collateralized by the property or equipment purchased in connection with each note. Future principal payments of notes payable at June 30, 2026 are as follows: For the twelve-months ended: | | | | June 30, 2027 | | $ | 831,381 | | June 30, 2028 | | | 478,183 | | June 30, 2029 | | | 417,587 | | June 30, 2030 | | | 251,273 | | June 30, 2031 | | | 146,403 | | Total | | $ | 2,124,827 | |
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