Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents (note 4) $ 3,627 $ 3,104
Accounts receivable 5 28
Inventory (note 5) 4,858 5,168
Prepaid expenses 979 856
Assets, Current, Total 9,469 9,156
Restricted cash (note 6) 7,557 7,556
Mineral properties (note 7) 50,560 52,750
Capital assets (note 8) 31,322 32,993
Equity investment (note 9) 1,089 1,090
Assets, Noncurrent, Total 90,528 94,389
Assets, Total 99,997 103,545
Current liabilities    
Accounts payable and accrued liabilities (note 10) 5,264 4,532
Current portion of notes payable (note 11) 8,200 7,184
Reclamation obligations 85 85
Liabilities, Current, Total 13,549 11,801
Notes payable (note 11) 26,092 32,477
Deferred income tax liability (note 12) 3,345 3,345
Asset retirement obligations (note 13) 25,287 23,445
Other liabilities - warrants (note 14) 32 376
Liabilities, Noncurrent, Total 54,756 59,643
Liabilities $ 68,305 $ 71,444
Share Capital    
Class A preferred shares, without par value, unlimited shares authorized; no shares issued and outstanding
Common shares, without par value, unlimited shares authorized; shares issued and outstanding: 130,188,775 at September 30, 2015 and 129,365,076 at December 31, 2014 $ 168,911 $ 168,118
Warrants 4,175 4,175
Contributed surplus 14,414 14,250
Accumulated other comprehensive income 3,357 3,337
Deficit (159,165) (157,779)
Stockholders'Equity Attributable to Parent, Total 31,692 32,101
Liabilities and Equity, Total $ 99,997 $ 103,545