2023 Q2 Form 10-Q Financial Statement

#000121390023037332 Filed on May 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 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 $1.217M $1.316M $1.068M
YoY Change -1.86% 23.19% -20.31%
% of Gross Profit
Research & Development $626.4K $724.3K $338.6K
YoY Change -57.72% 113.88% -86.87%
% of Gross Profit
Depreciation & Amortization $11.02K $11.01K $11.01K
YoY Change 0.0% 0.04% 10.1%
% of Gross Profit
Operating Expenses $1.880M $2.079M $1.425M
YoY Change -31.69% 45.92% -63.84%
Operating Profit -$1.880M -$2.079M -$1.425M
YoY Change -31.69% 45.92%
Interest Expense $631.1K $626.7K $209.6K
YoY Change -366.48% 198.99% 4.81%
% of Operating Profit
Other Income/Expense, Net $5.338M $8.223M -$206.2K
YoY Change -217.02% -4088.26% -97.06%
Pretax Income $2.877M $5.446M -$1.421M
YoY Change -138.11% -483.19% -86.78%
Income Tax
% Of Pretax Income
Net Earnings $2.877M $5.446M -$1.421M
YoY Change -138.11% -483.19% -86.78%
Net Earnings / Revenue
Basic Earnings Per Share $0.03 $0.06 -$0.02
Diluted Earnings Per Share $0.03 $0.06 -$20.15K
COMMON SHARES
Basic Shares Outstanding 85.96M shares 85.93M shares 70.52M shares
Diluted Shares Outstanding 85.99M shares 84.66M shares 70.52M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.043M $3.591M $19.02M
YoY Change -59.49% -81.13% -27.88%
Cash & Equivalents $2.043M $3.591M $19.02M
Short-Term Investments
Other Short-Term Assets $195.9K $210.6K $141.3K
YoY Change 104.72% 49.0% -25.62%
Inventory
Prepaid Expenses $188.9K $203.5K
Receivables
Other Receivables
Total Short-Term Assets $2.239M $3.801M $19.17M
YoY Change -56.43% -80.17% -27.87%
LONG-TERM ASSETS
Property, Plant & Equipment $1.066M $1.077M $12.48M
YoY Change -3.97% -91.37% 3.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.116M $1.116M
YoY Change
Total Long-Term Assets $61.14M $61.16M $12.48M
YoY Change 2.29% 389.99% 3.15%
TOTAL ASSETS
Total Short-Term Assets $2.239M $3.801M $19.17M
Total Long-Term Assets $61.14M $61.16M $12.48M
Total Assets $63.38M $64.96M $31.65M
YoY Change -2.36% 105.26% -18.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.070M $1.012M $461.4K
YoY Change -11.33% 119.24% -58.43%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $24.10M $23.47M $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $25.28M $25.53M $1.501M
YoY Change 3.95% 1600.79% 35.24%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $6.373M $10.82M $8.888M
YoY Change -56.37% 21.71% -72.58%
Total Long-Term Liabilities $6.373M $10.82M $8.888M
YoY Change -56.37% 21.71% -72.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $25.28M $25.53M $1.501M
Total Long-Term Liabilities $6.373M $10.82M $8.888M
Total Liabilities $31.65M $36.35M $10.39M
YoY Change -18.69% 249.87% -69.01%
SHAREHOLDERS EQUITY
Retained Earnings -$31.57M -$34.45M
YoY Change 8.33%
Common Stock $8.593K $8.593K
YoY Change 8.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $31.73M $28.61M $21.26M
YoY Change
Total Liabilities & Shareholders Equity $63.38M $64.96M $31.65M
YoY Change -2.36% 105.26% -18.16%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income $2.877M $5.446M -$1.421M
YoY Change -138.11% -483.19% -86.78%
Depreciation, Depletion And Amortization $11.02K $11.01K $11.01K
YoY Change 0.0% 0.04% 10.1%
Cash From Operating Activities -$1.547M -$3.494M -$557.3K
YoY Change -9.56% 526.9% -80.17%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $0.00
YoY Change -100.0% -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 0.000 $6.752M 0.000
YoY Change -100.0% -100.0%
NET CHANGE
Cash From Operating Activities -1.547M -$3.494M -557.3K
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities 0.000 $6.752M 0.000
Net Change In Cash -1.547M $3.258M -557.3K
YoY Change -88.93% -684.61% -104.63%
FREE CASH FLOW
Cash From Operating Activities -$1.547M -$3.494M -$557.3K
Capital Expenditures $0.00 $0.00
Free Cash Flow -$1.547M -$557.3K
YoY Change -114.26% -77.71%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
85959753 shares
CY2022Q1 augg Mineral Properties Net Current
MineralPropertiesNetCurrent
1039786 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3590769 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
332813 usd
CY2023Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
203546 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
156959 usd
CY2023Q1 us-gaap Deferred Offering Costs
DeferredOfferingCosts
0 usd
CY2022Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
121424 usd
CY2023Q1 us-gaap Deposits Assets Current
DepositsAssetsCurrent
7028 usd
CY2022Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
7028 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
3801343 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
618224 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1077435 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1088449 usd
CY2023Q1 augg Reclamation Bonds
ReclamationBonds
1115813 usd
CY2022Q4 augg Reclamation Bonds
ReclamationBonds
0 usd
CY2023Q1 us-gaap Mineral Properties Net
MineralPropertiesNet
58962286 usd
CY2022Q4 us-gaap Mineral Properties Net
MineralPropertiesNet
58962286 usd
CY2023Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
61155534 usd
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
60050735 usd
CY2023Q1 us-gaap Assets
Assets
64956877 usd
CY2022Q4 us-gaap Assets
Assets
60668959 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
1011613 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2906285 usd
CY2023Q1 augg Deferred Acquisition Liability
DeferredAcquisitionLiability
23470037 usd
CY2022Q4 augg Deferred Acquisition Liability
DeferredAcquisitionLiability
22843322 usd
CY2023Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Vancouver
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
BC
CY2023Q1 dei Entity Address Country
EntityAddressCountry
CA
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
V6C 3E1
CY2023Q1 dei City Area Code
CityAreaCode
(604)
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
687-1717
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
000-54653
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
AUGUSTA GOLD CORP.
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
41-2252162
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
Suite 555 - 999 Canada Place
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2023Q1 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
1050400 usd
CY2023Q1 augg Mineral Properties Net Long Term
MineralPropertiesNetLongTerm
1756932 usd
CY2022Q1 augg Mineral Properties Net Long Term
MineralPropertiesNetLongTerm
921441 usd
CY2022Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
1009496 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
25532050 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
26759103 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1756932 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1804939 usd
CY2023Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
9060690 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
15615406 usd
CY2023Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
10817622 usd
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
17420345 usd
CY2023Q1 us-gaap Liabilities
Liabilities
36349672 usd
CY2022Q4 us-gaap Liabilities
Liabilities
44179448 usd
CY2023Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q1 augg Preferred Stock Value One
PreferredStockValueOne
0 usd
CY2022Q4 augg Preferred Stock Value One
PreferredStockValueOne
0 usd
CY2023Q1 augg Preferred Stock Value Two
PreferredStockValueTwo
0 usd
CY2022Q4 augg Preferred Stock Value Two
PreferredStockValueTwo
0 usd
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
750000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
750000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
85929753 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
85929753 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
79204606 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
79204606 shares
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
8593 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
7920 usd
CY2023Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
63046407 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
56375344 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-34447795 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-39893753 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
28607205 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
16489511 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
64956877 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
60668959 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1315572 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1067879 usd
CY2023Q1 us-gaap Exploration Expense
ExplorationExpense
724270 usd
CY2022Q1 us-gaap Exploration Expense
ExplorationExpense
338639 usd
CY2023Q1 us-gaap Accretion Expense
AccretionExpense
27907 usd
CY2022Q1 us-gaap Accretion Expense
AccretionExpense
7099 usd
CY2023Q1 us-gaap Depreciation
Depreciation
11014 usd
CY2022Q1 us-gaap Depreciation
Depreciation
11014 usd
CY2023Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
2078763 usd
CY2022Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1424631 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
177361 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-2078763 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1424631 usd
CY2023Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-8223387 usd
CY2022Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
206193 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
626715 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
0 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-71951 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
209611 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
5445958 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-1421213 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84435276 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70519188 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84660278 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70519188 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
22239747 usd
CY2022Q1 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
438522 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-1421213 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
21257056 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
16489511 usd
CY2023Q1 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
472981 usd
CY2023Q1 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
7867426 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
1668671 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
5445958 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
28607205 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
5445958 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-1421213 usd
CY2023Q1 us-gaap Accretion Expense
AccretionExpense
27907 usd
CY2022Q1 us-gaap Accretion Expense
AccretionExpense
7099 usd
CY2023Q1 us-gaap Depreciation
Depreciation
11014 usd
CY2022Q1 us-gaap Depreciation
Depreciation
11014 usd
CY2023Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-8223387 usd
CY2022Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
206193 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
472981 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
438522 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
46587 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-58753 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
-121424 usd
CY2022Q1 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
0 usd
CY2023Q1 augg Increase Decrease Debt Issuance Costs
IncreaseDecreaseDebtIssuanceCosts
-37401 usd
CY2022Q1 augg Increase Decrease Debt Issuance Costs
IncreaseDecreaseDebtIssuanceCosts
0 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1894673 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
589315 usd
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
0 usd
CY2023Q1 augg Working Capital Deficiency
WorkingCapitalDeficiency
21700000 usd
CY2023Q1 us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
-35010 usd
CY2022Q1 us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
-35014 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3493657 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-557285 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
8568651 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2023Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
701225 usd
CY2023Q1 augg Increase In Surety Bond Collateral
IncreaseInSuretyBondCollateral
1115813 usd
CY2022Q1 augg Increase In Surety Bond Collateral
IncreaseInSuretyBondCollateral
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6751613 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3257956 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-557285 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
332813 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19581707 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3590769 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19024422 usd
CY2023Q1 us-gaap Interest Paid
InterestPaid
0 usd
CY2022Q1 us-gaap Interest Paid
InterestPaid
0 usd
CY2023Q1 augg Revaluation Of Asset Retirement Obligation
RevaluationOfAssetRetirementObligation
0 usd
CY2022Q1 augg Revaluation Of Asset Retirement Obligation
RevaluationOfAssetRetirementObligation
120877 usd
CY2023Q1 augg Warrant Liability From Units Placement
WarrantLiabilityFromUnitsPlacement
1668671 usd
CY2022Q1 augg Warrant Liability From Units Placement
WarrantLiabilityFromUnitsPlacement
0 usd
CY2022Q1 us-gaap Accretion Expense
AccretionExpense
7099 usd
CY2023Q1 augg Acquisition Of Cr Reward Asset Retirement And Environmental Obligations
AcquisitionOfCRRewardAssetRetirementAndEnvironmentalObligations
-18343 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3600000 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span><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"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span>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; "> </p>
CY2023Q1 us-gaap Mineral Properties Gross
MineralPropertiesGross
2814435 usd
CY2022Q1 us-gaap Mineral Properties Gross
MineralPropertiesGross
1868265 usd
CY2023Q1 us-gaap Accretion Expense
AccretionExpense
27907 usd
CY2022Q1 augg Acquisition Of Cr Reward Asset Retirement And Environmental Obligations
AcquisitionOfCRRewardAssetRetirementAndEnvironmentalObligations
-35014 usd
CY2023Q1 augg Change In Estimates
ChangeInEstimates
-16667 usd
CY2022Q1 augg Change In Estimates
ChangeInEstimates
120877 usd
CY2023Q1 augg Mineral Properties Net Current
MineralPropertiesNetCurrent
1050400 usd
CY2023Q1 augg Cash Reclamation Bonds
CashReclamationBonds
1115813 usd
CY2023Q1 augg Life Of Mine
LifeOfMine
2028
CY2022Q1 augg Life Of Mine
LifeOfMine
2028
CY2023Q1 augg Discount Rate
DiscountRate
0.036 pure
CY2022Q1 augg Discount Rate
DiscountRate
0.024 pure
CY2023Q1 augg Inflation Rate
InflationRate
0.022 pure
CY2022Q1 augg Inflation Rate
InflationRate
0.02 pure
CY2023Q1 augg Cash Flows Rate
CashFlowsRate
0.036 pure
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
5445958 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-1421213 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84435276 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70519188 shares
CY2023Q1 augg Assumed Conversion Of Dilutive Shares
AssumedConversionOfDilutiveShares
225002 shares
CY2022Q1 augg Assumed Conversion Of Dilutive Shares
AssumedConversionOfDilutiveShares
0 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84660278 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70519188 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2023Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
39901617 shares
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
12415715 usd
CY2022 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
47723766 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
60139481 usd
CY2023Q1 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
0 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
60139481 usd
CY2021Q4 us-gaap Property Plant And Equipment Owned Gross
PropertyPlantAndEquipmentOwnedGross
44689 usd
CY2022Q4 us-gaap Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
44057 usd
CY2022Q4 us-gaap Property Plant And Equipment Owned Gross
PropertyPlantAndEquipmentOwnedGross
88746 usd
CY2023Q1 us-gaap Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
11014 usd
CY2023Q1 us-gaap Property Plant And Equipment Owned Gross
PropertyPlantAndEquipmentOwnedGross
99760 usd
CY2023Q1 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
60039721 usd
CY2020Q4 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
9100000 shares
CY2020Q4 augg Stock Option Exercise Price Decreases
StockOptionExercisePriceDecreases
1.8
CY2020Q4 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 augg Initial Payment Shares Description
InitialPaymentSharesDescription
$12,500,000 in cash paid at the closing; plus (b) the issuance of 7,800,000 shares of Augusta Gold common stock at closing; plus (c) $22,126,000 in cash paid on September 14, 2022 (comprising collectively the “Second Payment” and the “Deferred Payment”).
CY2023Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
1299 usd
CY2023Q1 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
9658 usd
CY2023Q1 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
838992 usd
CY2023Q1 us-gaap Mineral Properties Accumulated Impairment
MineralPropertiesAccumulatedImpairment
46465056 usd
CY2023Q1 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
10500 usd
CY2023Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1100434 usd
CY2023Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
46204071 usd
CY2023Q1 augg Total Coverage Amount
TotalCoverageAmount
3188036 usd
CY2023Q1 us-gaap Partners Capital Account Units Sold In Public Offering
PartnersCapitalAccountUnitsSoldInPublicOffering
6725147 shares
CY2023Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
1.71
CY2023Q1 us-gaap Sale Leaseback Transaction Gross Proceeds Investing Activities
SaleLeasebackTransactionGrossProceedsInvestingActivities
11500000 cad
CY2023Q1 us-gaap Debt Conversion Converted Instrument Warrants Or Options Issued1
DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1
3362573 shares
CY2023Q1 us-gaap Deferred Compensation Arrangement With Individual Cash Awards Granted Percentage
DeferredCompensationArrangementWithIndividualCashAwardsGrantedPercentage
0.05 pure
CY2023Q1 us-gaap Stock Dividends Shares
StockDividendsShares
336257 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.71
CY2011Q3 augg Shareholder In Percentage
ShareholderInPercentage
0.0499 pure
CY2011Q3 augg Prior Notice In Percentage
PriorNoticeInPercentage
0.0999 pure
CY2023Q1 augg Public Conversion Percentage
PublicConversionPercentage
0.0499 pure
CY2022Q2 augg Outstanding Shares
OutstandingShares
677084 shares
CY2021Q1 augg Common Stock Percenatage
CommonStockPercenatage
0.10 pure
CY2022Q2 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
324816 usd
CY2022Q3 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
99021 usd
CY2022Q3 us-gaap Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
2
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
4541667 shares
CY2022Q3 us-gaap Warrant Exercise Price Decrease
WarrantExercisePriceDecrease
3
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
480250 usd
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
188233 usd
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Nonvested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested
292017 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
472981 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
438522 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
1.55
CY2021Q4 augg Weighted Average Remaining Contractual Life Years
WeightedAverageRemainingContractualLifeYears
P4Y4M9D
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
29817 usd
CY2022 augg Number Of Options Exercised
NumberOfOptionsExercised
0 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2022 augg Weighted Average Remaining Contractual Life Years Exercised
WeightedAverageRemainingContractualLifeYearsExercised
P0Y
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2022 augg Number Of Options Issued
NumberOfOptionsIssued
450000 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.03
CY2022 augg Weighted Average Remaining Contractual Life Years Issued
WeightedAverageRemainingContractualLifeYearsIssued
P5Y
CY2022 augg Aggregate Intrinsic Value Issued
AggregateIntrinsicValueIssued
0 usd
CY2022 augg Number Of Options Canceled
NumberOfOptionsCanceled
50000 shares
CY2022 augg Weighted Average Exercise Price Canceled
WeightedAverageExercisePriceCanceled
2
CY2022 augg Weighted Average Remaining Contractual Life Years Canceled
WeightedAverageRemainingContractualLifeYearsCanceled
P0Y
CY2022 augg Aggregate Intrinsic Value Canceled
AggregateIntrinsicValueCanceled
0 usd
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
5200002 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.56
CY2022Q4 augg Weighted Average Remaining Contractual Life Years
WeightedAverageRemainingContractualLifeYears
P3Y5M12D
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
57468 usd
CY2023Q1 augg Number Of Options Exercised
NumberOfOptionsExercised
0 shares
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2023Q1 augg Weighted Average Remaining Contractual Life Years Exercised
WeightedAverageRemainingContractualLifeYearsExercised
P0Y
CY2023Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2023Q1 augg Number Of Options Issued
NumberOfOptionsIssued
0 shares
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2023Q1 augg Weighted Average Remaining Contractual Life Years Issued
WeightedAverageRemainingContractualLifeYearsIssued
P0Y
CY2023Q1 augg Aggregate Intrinsic Value Issued
AggregateIntrinsicValueIssued
0 usd
CY2023Q1 augg Number Of Options Canceled
NumberOfOptionsCanceled
0 shares
CY2023Q1 augg Weighted Average Exercise Price Canceled
WeightedAverageExercisePriceCanceled
0
CY2023Q1 augg Weighted Average Remaining Contractual Life Years Canceled
WeightedAverageRemainingContractualLifeYearsCanceled
P0Y
CY2023Q1 augg Aggregate Intrinsic Value Canceled
AggregateIntrinsicValueCanceled
0 usd
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
5200002 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.56
CY2023Q1 augg Weighted Average Remaining Contractual Life Years
WeightedAverageRemainingContractualLifeYears
P3Y1M13D
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
15985 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3658335 shares
CY2023Q1 augg Weighted Average Exercise Price Options Exercisable
WeightedAverageExercisePriceOptionsExercisable
1.54
CY2023Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P3Y3M21D
CY2023Q1 augg Aggregate Intrinsic Value Options Exercisable
AggregateIntrinsicValueOptionsExercisable
15985 usd
CY2023Q1 us-gaap Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma
WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma
34701615 shares
CY2021 augg Warrants Issuedincludes Expired Warrants
WarrantsIssuedincludesExpiredWarrants
36344471 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
31427195 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
208334 shares
CY2022 augg Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instrumentswarrantsissued
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentswarrantsissued
0 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
216076 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
31002785 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
0 shares
CY2023Q1 augg Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instrumentswarrantsissued
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentswarrantsissued
3698830 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
0 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
34701615 shares
CY2020Q4 augg Fair Market Value Of Common Stock
FairMarketValueOfCommonStock
1.26
CY2022Q4 augg Fair Market Value Of Common Stock
FairMarketValueOfCommonStock
1.4
CY2023Q1 augg Fair Market Value Of Common Stock
FairMarketValueOfCommonStock
1.09
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
1.38
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
1.33
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
1.33
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P1Y9M18D
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P1Y7M6D
CY2020Q4 augg Financial Instruments Volatility Range
FinancialInstrumentsVolatilityRange
0.684 pure
CY2022Q4 augg Financial Instruments Volatility Range
FinancialInstrumentsVolatilityRange
1.015 pure
CY2023Q1 augg Financial Instruments Volatility Range
FinancialInstrumentsVolatilityRange
0.821 pure
CY2020Q4 augg Financila Instruments Riskfree Rate
FinancilaInstrumentsRiskfreeRate
0.0018 pure
CY2022Q4 augg Financila Instruments Riskfree Rate
FinancilaInstrumentsRiskfreeRate
0.0441 pure
CY2023Q1 augg Financila Instruments Riskfree Rate
FinancilaInstrumentsRiskfreeRate
0.0406 pure
CY2022Q3 us-gaap Other Investments
OtherInvestments
22232561 usd
CY2023Q1 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.03 pure
CY2023Q1 us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.005 pure
CY2023Q1 us-gaap Principal Transactions Revenue
PrincipalTransactionsRevenue
22232561 usd
CY2023Q1 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
8918 usd
CY2023Q1 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
1246394 usd
CY2023Q1 us-gaap Loans Payable
LoansPayable
23470037 usd
CY2023Q1 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
153306 usd
CY2022Q1 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
88257 usd
CY2023Q1 augg Relatedpartyoffice
Relatedpartyoffice
27228 usd
CY2022Q1 augg Relatedpartyoffice
Relatedpartyoffice
10840 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
50089 usd
CY2022Q1 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
7920 usd
CY2023Q1 augg Total Related Party Costs1
TotalRelatedPartyCosts1
230623 usd
CY2022Q1 augg Total Related Party Costs1
TotalRelatedPartyCosts1
107017 usd
CY2023Q1 us-gaap Payments For Rent
PaymentsForRent
183000 usd
CY2023Q1 augg Operating Leases Future Minimum Payment Due In Two Years
OperatingLeasesFutureMinimumPaymentDueInTwoYears
95557 usd
CY2023Q1 augg Operating Leases Future Minimum Payment Due In Three Years
OperatingLeasesFutureMinimumPaymentDueInThreeYears
87594 usd
CY2023Q1 augg Operating Leases Future Minimum Payment Due
OperatingLeasesFutureMinimumPaymentDue
183151 usd
CY2023Q1 us-gaap Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense
DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense
472981 usd
CY2022Q1 us-gaap Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense
DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense
438522 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
39900 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
22400 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2400 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2400 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2400 usd
CY2023Q1 augg Operating Leases Future Minimum Payments Due In Six Years
OperatingLeasesFutureMinimumPaymentsDueInSixYears
2400 usd
CY2023Q1 augg Operating Leases Future Minimum Payments Due In Seven Years
OperatingLeasesFutureMinimumPaymentsDueInSevenYears
2400 usd
CY2023Q1 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
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
79204606 shares
CY2017Q3 us-gaap Investment Interest Rate
InvestmentInterestRate
1 pure
CY2023Q1 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.
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
111000 usd
CY2023Q1 augg Leases Future Minimum Payments Due In Four Years
LeasesFutureMinimumPaymentsDueInFourYears
21000 usd
CY2023Q1 augg Leases Future Minimum Payments Due In Five Years
LeasesFutureMinimumPaymentsDueInFiveYears
25000 usd
CY2023Q1 augg Leases Future Minimum Payments Due In Five Years One
LeasesFutureMinimumPaymentsDueInFiveYearsOne
30000 usd
CY2023Q1 augg Leases Future Minimum Payments Due In Five Years Two
LeasesFutureMinimumPaymentsDueInFiveYearsTwo
40000 usd
CY2023Q1 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.
CY2023Q1 us-gaap Public Utilities Property Plant And Equipment Interest Rate On Intermediary Debt For Electric Utility Plant Construction
PublicUtilitiesPropertyPlantAndEquipmentInterestRateOnIntermediaryDebtForElectricUtilityPlantConstruction
1 pure
CY2023Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
160000 usd
CY2023Q1 augg Remaining Payment
RemainingPayment
30000 usd
CY2020Q4 augg Option Agreement Description
OptionAgreementDescription
Bullfrog Mines entered into a mining 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. The Abitibi Option was amended on December 9, 2022, to extend the exercise deadline and to increase the last payment amount required to exercise the option. Bullfrog Mines made an initial payment to Abitibi of C$25,000 and exercised the Abitibi Option in full on January 30, 2023. ●Paying to Abitibi C$50,000 in cash before December 9, 2021; ●Paying to Abitibi C$78,750 in cash before January 30, 2023; and ●Granting to Abitibi a 2% net smelter royalty on the claims subject to the Abitibi Option on January 30, 2023, of which Bullfrog Mines has the option to purchase 0.5% for C$500,000 on or before December 9, 2030. 
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
250000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
250000000 shares
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
750000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
750000000 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
79204606 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
85929753 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
85929753 shares
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001448597

Files In Submission

Name View Source Status
augg-20230331_lab.xml Edgar Link unprocessable
augg-20230331_cal.xml Edgar Link unprocessable
augg-20230331_pre.xml Edgar Link unprocessable
0001213900-23-037332-index-headers.html Edgar Link pending
0001213900-23-037332-index.html Edgar Link pending
0001213900-23-037332.txt Edgar Link pending
0001213900-23-037332-xbrl.zip Edgar Link pending
augg-20230331.xsd Edgar Link pending
augg-20230331_def.xml Edgar Link unprocessable
f10q0323ex31-1_augusta.htm Edgar Link pending
f10q0323ex31-2_augusta.htm Edgar Link pending
f10q0323ex32-1_augusta.htm Edgar Link pending
f10q0323ex32-2_augusta.htm Edgar Link pending
f10q0323_augustagold.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
image_001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R5.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
f10q0323_augustagold_htm.xml Edgar Link completed
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending