2022 Q3 Form 10-Q Financial Statement
#000121390022045419 Filed on August 08, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.569M | $1.240M | $1.068M |
YoY Change | 36.1% | -5.78% | -20.31% |
% of Gross Profit | |||
Research & Development | $3.004M | $1.482M | $338.6K |
YoY Change | 137.0% | -62.09% | -86.87% |
% of Gross Profit | |||
Depreciation & Amortization | $11.01K | $11.02K | $11.01K |
YoY Change | -34.87% | 36.56% | 10.1% |
% of Gross Profit | |||
Operating Expenses | $4.607M | $2.751M | $1.425M |
YoY Change | 88.56% | -47.5% | -63.84% |
Operating Profit | -$4.607M | -$2.751M | -$1.425M |
YoY Change | 88.56% | -47.5% | |
Interest Expense | $106.4K | -$236.8K | $209.6K |
YoY Change | -122.62% | -151.35% | 4.81% |
% of Operating Profit | |||
Other Income/Expense, Net | $5.203M | -$4.561M | -$206.2K |
YoY Change | 32.15% | -126.99% | -97.06% |
Pretax Income | $309.7K | -$7.550M | -$1.421M |
YoY Change | -69.73% | -162.3% | -86.78% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | $309.7K | -$7.550M | -$1.421M |
YoY Change | -69.73% | -162.3% | -86.78% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | -$0.10 | -$0.02 |
Diluted Earnings Per Share | $0.00 | -$0.10 | -$20.15K |
COMMON SHARES | |||
Basic Shares Outstanding | 79.20M shares | 72.43M shares | 70.52M shares |
Diluted Shares Outstanding | 79.35M shares | 72.43M shares | 70.52M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.624M | $5.044M | $19.02M |
YoY Change | -87.18% | -78.62% | -27.88% |
Cash & Equivalents | $2.624M | $5.044M | $19.02M |
Short-Term Investments | |||
Other Short-Term Assets | $114.5K | $95.69K | $141.3K |
YoY Change | 4.47% | -44.57% | -25.62% |
Inventory | $22.23M | ||
Prepaid Expenses | $107.4K | $88.66K | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $2.738M | $5.140M | $19.17M |
YoY Change | -86.7% | -78.37% | -27.87% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.099M | $1.110M | $12.48M |
YoY Change | -90.88% | -90.82% | 3.23% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $59.83M | $59.77M | $12.48M |
YoY Change | 396.52% | 394.3% | 3.15% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.738M | $5.140M | $19.17M |
Total Long-Term Assets | $59.83M | $59.77M | $12.48M |
Total Assets | $62.56M | $64.91M | $31.65M |
YoY Change | 91.73% | 81.05% | -18.16% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.101M | $1.206M | $461.4K |
YoY Change | 603.8% | 4.66% | -58.43% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $22.23M | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $25.99M | $24.32M | $1.501M |
YoY Change | 5799.06% | 2010.34% | 35.24% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $9.607M | $14.61M | $8.888M |
YoY Change | -16.12% | -5.33% | -72.58% |
Total Long-Term Liabilities | $9.607M | $14.61M | $8.888M |
YoY Change | -16.12% | -5.33% | -72.58% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $25.99M | $24.32M | $1.501M |
Total Long-Term Liabilities | $9.607M | $14.61M | $8.888M |
Total Liabilities | $35.60M | $38.93M | $10.39M |
YoY Change | 199.29% | 134.77% | -69.01% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$28.83M | -$29.14M | |
YoY Change | |||
Common Stock | $7.920K | $7.920K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $26.97M | $25.99M | $21.26M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $62.56M | $64.91M | $31.65M |
YoY Change | 91.73% | 81.05% | -18.16% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $309.7K | -$7.550M | -$1.421M |
YoY Change | -69.73% | -162.3% | -86.78% |
Depreciation, Depletion And Amortization | $11.01K | $11.02K | $11.01K |
YoY Change | -34.87% | 36.56% | 10.1% |
Cash From Operating Activities | -$2.464M | -$1.711M | -$557.3K |
YoY Change | -20.57% | -59.8% | -80.17% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$22.19M | -$12.56M | $0.00 |
YoY Change | 147826.2% | 486761.63% | -100.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$22.19M | -$12.56M | $0.00 |
YoY Change | 147826.2% | 486761.63% | -100.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 22.23M | 291.6K | 0.000 |
YoY Change | -80.12% | -100.0% | |
NET CHANGE | |||
Cash From Operating Activities | -2.464M | -1.711M | -557.3K |
Cash From Investing Activities | -22.19M | -12.56M | 0.000 |
Cash From Financing Activities | 22.23M | 291.6K | 0.000 |
Net Change In Cash | -2.420M | -13.98M | -557.3K |
YoY Change | -22.35% | 400.7% | -104.63% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.464M | -$1.711M | -$557.3K |
Capital Expenditures | -$22.19M | -$12.56M | $0.00 |
Free Cash Flow | $19.73M | $10.85M | -$557.3K |
YoY Change | -739.07% | -355.04% | -77.71% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Entity File Number
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|
000-54653 | ||
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Entity Registrant Name
EntityRegistrantName
|
AUGUSTA GOLD CORP. | ||
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Document Quarterly Report
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true | ||
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Document Period End Date
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|
2022-06-30 | ||
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2022 | ||
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false | ||
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10-Q | ||
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DE | ||
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41-2252162 | ||
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Suite 555 - 999 Canada Place | ||
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Vancouver | ||
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BC | ||
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CA | ||
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V6C 3E1 | ||
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(604) | ||
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687-1717 | ||
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CY2021Q1 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
13056803 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
487050 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
12117942 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
19273078 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
22239747 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1421213 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
21257056 | usd |
augg |
Incurrence Of Asset Retirement Obligation
IncurrenceOfAssetRetirementObligation
|
1100434 | usd | |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1536361 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
289338 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
471896 | usd |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
3306758 | usd |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10748346 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5131725 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
438522 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
25985280 | usd |
augg |
Incurrence Of Asset Retirement Obligation
IncurrenceOfAssetRetirementObligation
|
0 | usd | |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
0 | usd |
CY2022Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
11516583 | usd |
augg |
Stock Issued For Purchase Of Related Party
StockIssuedForPurchaseOfRelatedParty
|
11516583 | usd | |
augg |
Stock Issued For Purchase Of Related Party
StockIssuedForPurchaseOfRelatedParty
|
0 | usd | |
augg |
Deferred Acquisition Liability For Purchase Of Related Party
DeferredAcquisitionLiabilityForPurchaseOfRelatedParty
|
22126000 | usd | |
augg |
Deferred Acquisition Liability For Purchase Of Related Party
DeferredAcquisitionLiabilityForPurchaseOfRelatedParty
|
0 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8970806 | usd | |
CY2021Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
4800002 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.3 | |
CY2021 | augg |
Weighted Average Remaining Contractual Life Years Ending Balancein Shares
WeightedAverageRemainingContractualLifeYearsEndingBalanceinShares
|
P4Y4M9D | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1369596 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7549593 | usd |
us-gaap |
Accretion Expense
AccretionExpense
|
25469 | usd | |
us-gaap |
Accretion Expense
AccretionExpense
|
12443 | usd | |
us-gaap |
Depreciation
Depreciation
|
22029 | usd | |
CY2021Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
|
29817 | usd |
augg |
Number Of Options Exercised
NumberOfOptionsExercised
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0 | ||
augg |
Weighted Average Remaining Contractual Life Years Exercised
WeightedAverageRemainingContractualLifeYearsExercised
|
P0Y | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
|
0 | usd | |
augg |
Number Of Options Issued
NumberOfOptionsIssued
|
350000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
2.05 | ||
augg |
Weighted Average Remaining Contractual Life Years Issued
WeightedAverageRemainingContractualLifeYearsIssued
|
P3Y | ||
augg |
Aggregate Intrinsic Value Issued
AggregateIntrinsicValueIssued
|
0 | usd | |
augg |
Number Of Options Canceled
NumberOfOptionsCanceled
|
0 | shares | |
augg |
Weighted Average Exercise Price Canceled
WeightedAverageExercisePriceCanceled
|
0 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
9247799 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
19581707 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14341727 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5043907 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
23589526 | usd |
us-gaap |
Interest Paid
InterestPaid
|
0 | usd | |
us-gaap |
Interest Paid
InterestPaid
|
0 | usd | |
us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
120877 | usd | |
us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
640205 | usd | |
us-gaap |
Depreciation
Depreciation
|
16133 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
4767574 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-9889937 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
910418 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
721327 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-104398 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-136536 | usd | |
us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
0 | usd | |
us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
-249961 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
922162 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
405678 | usd | |
us-gaap |
Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
|
-49651 | usd | |
us-gaap |
Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
|
-88439 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2268407 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7066702 | usd | |
us-gaap |
Payments To Acquire Mineral Rights
PaymentsToAcquireMineralRights
|
11722039 | usd | |
us-gaap |
Payments To Acquire Mineral Rights
PaymentsToAcquireMineralRights
|
176878 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
838992 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
135701 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-12561031 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-312579 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
13056803 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
325250 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
291638 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
3245027 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
291638 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
16627080 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-14537800 | usd | |
augg |
Weighted Average Remaining Contractual Life Years Canceled
WeightedAverageRemainingContractualLifeYearsCanceled
|
P0Y | ||
augg |
Aggregate Intrinsic Value Canceled
AggregateIntrinsicValueCanceled
|
0 | usd | |
us-gaap |
Accretion Expense
AccretionExpense
|
12443 | usd | |
augg |
Costs Applied To Aro Balance
CostsAppliedToAROBalance
|
-130853 | usd | |
augg |
Costs Applied To Aro Balance
CostsAppliedToAROBalance
|
-88439 | usd | |
augg |
Acquisition Of Cr Reward Asset Retirement And Environmental Obligations
AcquisitionOfCRRewardAssetRetirementAndEnvironmentalObligations
|
1100434 | usd | |
augg |
Acquisition Of Cr Reward Asset Retirement And Environmental Obligations
AcquisitionOfCRRewardAssetRetirementAndEnvironmentalObligations
|
0 | usd | |
augg |
Change In Estimates
ChangeInEstimates
|
202079 | usd | |
augg |
Change In Estimates
ChangeInEstimates
|
640205 | usd | |
augg |
Mineral Properties Net Current
MineralPropertiesNetCurrent
|
989300 | usd | |
augg |
Mineral Properties Net Current
MineralPropertiesNetCurrent
|
0 | usd | |
augg |
Mineral Properties Net Long Term
MineralPropertiesNetLongTerm
|
2076094 | usd | |
CY2022Q2 | augg |
Working Capital Deficiency
WorkingCapitalDeficiency
|
19200000 | usd |
augg |
Equity Financing Value
EquityFinancingValue
|
200000000 | usd | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="text-decoration: underline; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; "><b><span style="text-decoration:underline">Cash, Cash Equivalents and Concentration</span></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; "><b> </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; ">The Company considers all highly liquid investments with a maturity of three months or less when acquired to be cash equivalents. The Company places its cash with high credit quality financial institutions in the United States and Canada. On June 30, 2022, the Company’s cash balance was approximately $5,044,000. To reduce its risk associated with the failure of such financial institution, the Company will evaluate, as needed, the rating of the financial institution in which it holds deposits.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2022Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
5044000 | usd |
augg |
Mineral Properties Net Long Term
MineralPropertiesNetLongTerm
|
1699909 | usd | |
augg |
Life Of Mine
LifeOfMine
|
2028 | ||
augg |
Life Of Mine
LifeOfMine
|
2028 | ||
augg |
Discount Rate
DiscountRate
|
0.03 | pure | |
augg |
Discount Rate
DiscountRate
|
0.017 | pure | |
augg |
Inflation Rate
InflationRate
|
0.026 | pure | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; "><b><span style="text-decoration:underline">Use of Estimates</span></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; "><b> </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; ">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates have been made for share based compensation, asset retirement obligation, warrant liability and whether acquisitions of Bullfrog Mines and CR Reward constituted an asset acquisitions or business combinations.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2022Q2 | us-gaap |
Mineral Properties Gross
MineralPropertiesGross
|
1868265 | usd |
CY2021Q2 | us-gaap |
Mineral Properties Gross
MineralPropertiesGross
|
1135700 | usd |
us-gaap |
Accretion Expense
AccretionExpense
|
25469 | usd | |
augg |
Inflation Rate
InflationRate
|
0.018 | pure | |
augg |
Cash Flows Rate
CashFlowsRate
|
0.03 | pure | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | ||
CY2022Q2 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
7800000 | shares |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
17500000 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7549593 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
12117942 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8970806 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1369596 | usd | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
72429628 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
69669156 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
71479686 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
65989697 | shares | |
CY2022Q2 | augg |
Assumed Conversion Of Dilutive Shares
AssumedConversionOfDilutiveShares
|
0 | shares |
CY2021Q2 | augg |
Assumed Conversion Of Dilutive Shares
AssumedConversionOfDilutiveShares
|
1165080 | shares |
augg |
Assumed Conversion Of Dilutive Shares
AssumedConversionOfDilutiveShares
|
0 | shares | |
augg |
Assumed Conversion Of Dilutive Shares
AssumedConversionOfDilutiveShares
|
1165080 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
72429628 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
70834236 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
71479686 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
67154777 | shares | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.1 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.17 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.02 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.1 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.17 | |
CY2011Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
37401199 | shares | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
11156601 | usd |
CY2021 | augg |
Change In Aro Estimate
ChangeInAROEstimate
|
866638 | usd |
CY2021 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
392476 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
12415715 | usd |
augg |
Change In Aro Estimate
ChangeInAROEstimate
|
120877 | usd | |
us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
47304048 | usd | |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
59840640 | usd |
CY2020Q4 | us-gaap |
Property Plant And Equipment Owned Gross
PropertyPlantAndEquipmentOwnedGross
|
632 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
|
44057 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Owned Gross
PropertyPlantAndEquipmentOwnedGross
|
44689 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
|
22029 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Owned Gross
PropertyPlantAndEquipmentOwnedGross
|
66718 | usd |
CY2022Q2 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
59773922 | usd |
CY2022Q2 | us-gaap |
Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
|
9100000 | shares |
us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
1.8 | ||
CY2022Q2 | augg |
Royalty Percentage
RoyaltyPercentage
|
0.02 | pure |
CY2020Q4 | augg |
Royalty Deed Description
RoyaltyDeedDescription
|
Pursuant to the Royalty Deed, the Barrick Royalty is reduced to the extent necessary so that royalties burdening any individual parcel or claim included in the Barrick Properties on October 26, 2020, inclusive of the Barrick Royalty, would not exceed 5.5% in the aggregate, provided that the Barrick Royalty in respect of any parcel or claim would not be less than 0.5%, even if the royalties burdening a parcel or claim included in the Barrick Properties would exceed 5.5%. | |
CY2022Q2 | us-gaap |
Cash
Cash
|
12500000 | usd |
CY2022Q2 | augg |
Temporary Equity Share Issued
TemporaryEquityShareIssued
|
7800000 | shares |
CY2022Q2 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
11516583 | usd |
CY2022Q2 | augg |
Closing Share Price
ClosingSharePrice
|
1.85 | |
CY2011Q3 | augg |
Shareholder In Percentage
ShareholderInPercentage
|
0.0499 | pure |
CY2011Q3 | augg |
Prior Notice In Percentage
PriorNoticeInPercentage
|
0.0999 | pure |
CY2022Q2 | augg |
Foreign Exchange Rate
ForeignExchangeRate
|
0.7981 | |
CY2022Q2 | us-gaap |
Restricted Investments At Fair Value
RestrictedInvestmentsAtFairValue
|
4626000 | usd |
CY2021Q1 | augg |
Common Stock Percenatage
CommonStockPercenatage
|
0.10 | pure |
CY2021Q1 | augg |
Officers And Employees Option
OfficersAndEmployeesOption
|
4440080 | usd |
CY2022Q2 | us-gaap |
Common Unit Issuance Value
CommonUnitIssuanceValue
|
15000000 | usd |
CY2022Q2 | augg |
Closing Share Price
ClosingSharePrice
|
1.7 | |
augg |
Equity Financing Agreement
EquityFinancingAgreement
|
If the price at which securities are sold by the Company under the Financing (in any case, the “Financing Price”) is less than C$1.70, the Second Payment shall be satisfied by such combination of cash and Common Shares as may be determined by Waterton in its sole discretion; and (ii) if the Financing Price is C$1.70 or greater, the Second Payment shall be satisfied by such combination of cash and Purchaser Shares as may be determined by the Company in its sole discretion.. The Agreement provides that in no case will the Company be entitled to or permitted to issue any Common Shares to Waterton if such issuance would result in Waterton having beneficial ownership (as determined in accordance with applicable securities laws) of more than 9.99% of the outstanding Common Shares, and any portion of the Second Payment that would, if settled by Common Shares, cause Waterton to own more than 9.99% of the Common Shares shall be paid entirely in cash. | ||
CY2022Q2 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
1299 | usd |
CY2022Q2 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
9658 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
838992 | usd |
CY2022Q2 | us-gaap |
Mineral Properties Accumulated Impairment
MineralPropertiesAccumulatedImpairment
|
46465056 | usd |
CY2022Q2 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
10500 | usd |
CY2022Q2 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
1100434 | usd |
CY2022Q2 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
|
46204071 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
As a result of the Reverse Stock Split, every six (6) shares of the Company’s issued and outstanding common stock, par value $0.0001 was converted into one (1) share of common stock, par value $0.0001. | |
CY2021Q1 | us-gaap |
Share Price
SharePrice
|
2.25 | |
CY2021Q1 | us-gaap |
Warrant Exercise Price Increase
WarrantExercisePriceIncrease
|
2.8 | |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
7555557 | shares | |
CY2022Q2 | us-gaap |
Temporary Equity Shares Issued
TemporaryEquitySharesIssued
|
3777784 | shares |
augg |
Gross Aggregate Proceeds
GrossAggregateProceeds
|
17000000 | usd | |
us-gaap |
Trustee Fees
TrusteeFees
|
450000 | usd | |
CY2012Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
7500000 | shares |
augg |
Public Conversion Percentage
PublicConversionPercentage
|
0.0499 | pure | |
CY2022Q2 | augg |
Outstanding Shares
OutstandingShares
|
677084 | shares |
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
5150002 | shares |
CY2021 | augg |
Weighted Average Remaining Contractual Life Years Issued
WeightedAverageRemainingContractualLifeYearsIssued
|
P0Y | |
CY2021 | augg |
Aggregate Intrinsic Value Issued
AggregateIntrinsicValueIssued
|
0 | usd |
CY2021 | augg |
Number Of Options Canceled
NumberOfOptionsCanceled
|
1750000 | shares |
CY2021 | augg |
Weighted Average Exercise Price Canceled
WeightedAverageExercisePriceCanceled
|
3 | |
CY2021 | augg |
Weighted Average Remaining Contractual Life Years Canceled
WeightedAverageRemainingContractualLifeYearsCanceled
|
P0Y | |
CY2021 | augg |
Aggregate Intrinsic Value Canceled
AggregateIntrinsicValueCanceled
|
0 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
1750000 | shares | |
CY2021Q1 | us-gaap |
Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
|
1874166 | usd |
augg |
Granted Option
GrantedOption
|
350000 | shares | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
910418 | usd | |
CY2020Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
913336 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.57 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y3M3D | |
CY2020Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
|
1286650 | usd |
CY2021 | augg |
Number Of Options Exercised
NumberOfOptionsExercised
|
688334 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.47 | |
CY2021 | augg |
Weighted Average Remaining Contractual Life Years Exercised
WeightedAverageRemainingContractualLifeYearsExercised
|
P0Y | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
|
0 | usd |
CY2021 | augg |
Number Of Options Issued
NumberOfOptionsIssued
|
6325000 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
3 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.21 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P2Y3M18D | ||
CY2020Q4 | augg |
Financial Instruments Volatility Range
FinancialInstrumentsVolatilityRange
|
0.684 | pure |
CY2020Q4 | augg |
Financila Instruments Riskfree Rate
FinancilaInstrumentsRiskfreeRate
|
0.0018 | pure |
CY2021Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
0.95 | usd |
CY2022Q2 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
1.3 | usd |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
1.38 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
1.42 | |
CY2021 | augg |
Financial Instruments Volatility Range
FinancialInstrumentsVolatilityRange
|
0.788 | pure |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
1.4 | |
augg |
Weighted Average Remaining Contractual Life Years Ending Balancein Shares
WeightedAverageRemainingContractualLifeYearsEndingBalanceinShares
|
P3Y11M4D | ||
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
|
101401 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1875002 | shares |
augg |
Weighted Average Exercise Price Options Exercisable
WeightedAverageExercisePriceOptionsExercisable
|
2.15 | ||
us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P4Y18D | ||
augg |
Aggregate Intrinsic Value Options Exercisable
AggregateIntrinsicValueOptionsExercisable
|
101401 | usd | |
us-gaap |
Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma
WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma
|
31002785 | shares | |
CY2022Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
32645641 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
28781971 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
1132560 | shares |
CY2021 | augg |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instrumentswarrantsissued
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentswarrantsissued
|
3777784 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
|
0 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
31427195 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
208334 | shares | |
augg |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instrumentswarrantsissued
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentswarrantsissued
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
|
216076 | shares | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
31002785 | shares |
CY2020Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
1.26 | usd |
CY2021 | augg |
Financila Instruments Riskfree Rate
FinancilaInstrumentsRiskfreeRate
|
0.0097 | pure |
augg |
Financila Instruments Riskfree Rate
FinancilaInstrumentsRiskfreeRate
|
0.0292 | pure | |
augg |
Financial Instruments Volatility Range
FinancialInstrumentsVolatilityRange
|
0.835 | pure | |
CY2020Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P2Y9M18D | |
CY2022Q2 | us-gaap |
Accrued Salaries Current And Noncurrent
AccruedSalariesCurrentAndNoncurrent
|
221418 | usd |
CY2021Q2 | us-gaap |
Accrued Salaries Current And Noncurrent
AccruedSalariesCurrentAndNoncurrent
|
642575 | usd |
augg |
Relatedpartyoffice
Relatedpartyoffice
|
35278 | usd | |
augg |
Relatedpartyoffice
Relatedpartyoffice
|
124340 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
42644 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
96143 | usd | |
us-gaap |
Related Party Costs
RelatedPartyCosts
|
299340 | usd | |
us-gaap |
Related Party Costs
RelatedPartyCosts
|
863058 | usd | |
us-gaap |
Payments For Rent
PaymentsForRent
|
160000 | usd | |
CY2024Q4 | augg |
Operating Leases Future Minimum Payment Due In Twelve Months
OperatingLeasesFutureMinimumPaymentDueInTwelveMonths
|
56466 | usd |
CY2024Q4 | augg |
Operating Leases Future Minimum Payment Due In Two Years
OperatingLeasesFutureMinimumPaymentDueInTwoYears
|
56466 | usd |
CY2024Q4 | augg |
Operating Leases Future Minimum Payment Due In Three Years
OperatingLeasesFutureMinimumPaymentDueInThreeYears
|
47055 | usd |
CY2024Q4 | augg |
Operating Leases Future Minimum Payment Due
OperatingLeasesFutureMinimumPaymentDue
|
159987 | usd |
us-gaap |
Related Party Tax Expense Due To Affiliates Deferred
RelatedPartyTaxExpenseDueToAffiliatesDeferred
|
910418 | usd | |
us-gaap |
Related Party Tax Expense Due To Affiliates Deferred
RelatedPartyTaxExpenseDueToAffiliatesDeferred
|
721327 | usd | |
CY2022Q2 | us-gaap |
Advance Royalties
AdvanceRoyalties
|
435405 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
2400 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
22400 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
39900 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
39900 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
2400 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
2400 | usd |
CY2022Q2 | augg |
Operating Leases Future Minimum Payments Due In Six Years
OperatingLeasesFutureMinimumPaymentsDueInSixYears
|
2400 | usd |
CY2022Q2 | augg |
Operating Leases Future Minimum Payments Due In Seven Years
OperatingLeasesFutureMinimumPaymentsDueInSevenYears
|
2400 | usd |
CY2022Q2 | augg |
Operating Leases Future Minimum Payments Due In Thereafter Seven Years
OperatingLeasesFutureMinimumPaymentsDueInThereafterSevenYears
|
2400 | usd |
CY2017Q3 | us-gaap |
Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
|
P30Y | |
CY2017Q3 | augg |
Number Of Patented Mining
NumberOfPatentedMining
|
24 | pure |
CY2017Q3 | us-gaap |
Investment Interest Rate
InvestmentInterestRate
|
1 | pure |
us-gaap |
Other Commitments Description
OtherCommitmentsDescription
|
Under the Lunar Lease, RMM shall expend as minimum work commitments of $50,000 per year starting in 2017 until a cumulative of $500,000 of expense has been incurred. If RMM fails to perform its obligations under the Lunar Lease, and in particular fails to make any payment due to Lunar thereunder, Lunar may declare RMM in default by giving RMM written notice of default which specifies the obligation(s) which RMM has failed to perform. If RMM fails to remedy a default in payment within fifteen (15) days of receiving the notice of default or fails to remedy or commence to remedy any other default within thirty (30) days of receiving notice, Lunar may terminate the Lunar Lease and RMM shall peaceably surrender possession of the properties to Lunar. | ||
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
101000 | usd | |
augg |
Leases Future Minimum Payments Due In Four Years
LeasesFutureMinimumPaymentsDueInFourYears
|
21000 | usd | |
augg |
Leases Future Minimum Payments Due In Five Years
LeasesFutureMinimumPaymentsDueInFiveYears
|
25000 | usd | |
augg |
Leases Future Minimum Payments Due In Five Years One
LeasesFutureMinimumPaymentsDueInFiveYearsOne
|
30000 | usd | |
augg |
Leases Future Minimum Payments Due In Five Years Two
LeasesFutureMinimumPaymentsDueInFiveYearsTwo
|
40000 | usd | |
augg |
Leases Future Minimum Payments Due In Five Years Three
LeasesFutureMinimumPaymentsDueInFiveYearsThree
|
45000 | usd | |
CY2014Q4 | augg |
Option Agreement Description
OptionAgreementDescription
|
RMM entered into an Option Agreement (the “Mojave Option”) with Mojave Gold Mining Corporation (“Mojave”). Mojave holds the purchase rights to 100% of 12 patented mining claims located in Nye County, Nevada. This property is contiguous to the Company’s Bullfrog Project and covers approximately 156 acres, including the northeast half of the M-S pit mined by Barrick Gold in the 1990s. | |
us-gaap |
Public Utilities Property Plant And Equipment Interest Rate On Intermediary Debt For Electric Utility Plant Construction
PublicUtilitiesPropertyPlantAndEquipmentInterestRateOnIntermediaryDebtForElectricUtilityPlantConstruction
|
1 | pure | |
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
130000 | usd | |
CY2022Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
30000 | usd |
CY2022Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
30000 | usd |
CY2020Q4 | augg |
Option Agreement Description
OptionAgreementDescription
|
Bullfrog Mines entered into an option agreement with Abitibi Royalties (USA) Inc. (“Abitibi”) granting Bullfrog Mines the option (the Abitibi Option) to acquire forty-three unpatented lode mining claims to the south of the Bullfrog deposit. Bullfrog Mines made an initial and second annual payment to Abitibi of C$25,000 and C$50,000 and can exercise the Abitibi Option by: ●Paying to Abitibi C$75,000 in cash or shares of Company common stock by December 9, 2022; and ●Granting to Abitibi a 2% net smelter royalty on the claims subject to the Abitibi Option by December 9, 2022, of which Bullfrog Mines would have the option to purchase 0.5% for C$500,000 on or before December 9, 2030. | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001448597 |