Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.19.3
Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents (note 4) $ 3,360,000 $ 6,372,000
Accounts receivable (note 5) 1,142,000 31,000
Inventory (note 6)   1,840,000
Prepaid expenses 1,102,000 847,000
Assets, Current, Total 5,604,000 9,090,000
Long-term inventory (note 6) 7,357,000 12,852,000
Restricted cash (note 7) 7,463,000 7,458,000
Mineral properties (note 8) 43,791,000 45,805,000
Capital assets (note 9) 24,018,000 25,158,000
Assets, Noncurrent, Total 82,629,000 91,273,000
Assets, Total 88,233,000 100,363,000
Current liabilities    
Accounts payable and accrued liabilities (note 10) 2,475,000 2,343,000
Current portion of long term debt (note 11) 5,216,000 5,062,000
Environmental remediation accrual 77,000 77,000
Liabilities, Current, Total 7,768,000 7,482,000
Notes payable (note 11) 6,987,000 9,600,000
Lease liability (note 9) 9,000  
Asset retirement obligations (note 12) 30,756,000 30,384,000
Other liabilities - warrants (note 13) 744,000 1,050,000
Liabilities, Noncurrent, Total 38,496,000 41,034,000
Liabilities 46,264,000 48,516,000
Share Capital    
Common shares, without par value, unlimited shares authorized; shares issued and outstanding: 159,947,625 at September 30, 2019 and 159,729,403 at December 31, 2018 185,424,000 185,221,000
Contributed surplus 20,390,000 19,930,000
Accumulated other comprehensive income 3,662,000 3,670,000
Deficit (167,507,000) (156,974,000)
Stockholders' Equity Attributable to Parent, Total 41,969,000 51,847,000
Liabilities and Equity, Total 88,233,000 100,363,000
Preferred Class A    
Share Capital    
Class A preferred shares, without par value, unlimited shares authorized; no shares issued and outstanding