Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents (note 4) $ 1,552 $ 1,443
Accounts receivable 16 9
Inventory (note 5) 4,109 3,345
Prepaid expenses 829 916
Assets, Current, Total 6,506 5,713
Restricted cash (note 6) 7,557 7,557
Mineral properties (note 7) 47,029 50,610
Capital assets (note 8) 28,848 30,788
Equity investment (note 9)   1,089
Assets, Total 89,940 95,757
Current liabilities    
Accounts payable and accrued liabilities (note 10) 3,625 4,567
Current portion of notes payable (note 11) 4,502 8,527
Accrued federal income tax   43
Environmental remediation accrual 85 86
Liabilities, Current, Total 8,212 13,223
Notes payable (note 11) 19,435 23,937
Asset retirement obligations (note 13) 26,061 26,061
Other liabilities - warrants   35
Liabilities 53,708 63,256
Share Capital    
Common shares, without par value, unlimited shares authorized; shares issued and outstanding: 143,676,384 at December 31, 2016 and 130,188,775 at December 31, 2015 174,902 168,911
Warrants 4,109 4,175
Contributed surplus 15,201 14,632
Accumulated other comprehensive income 3,604 3,357
Deficit (161,584) (158,574)
Stockholders'Equity Attributable to Parent, Total 36,232 32,501
Liabilities and Equity, Total $ 89,940 $ 95,757