• Filing Date: 2017-03-31
  • Form Type: 10-K
  • Description: Annual report
v3.7.0.1
13. Income Taxes (Details 2) - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Deferred tax asset:    
Foreign exploration costs $ 47,011 $ 87,494
Foreign net operating loss carryforward 1,309,445 2,515,954
Federal and state net operating loss carry forward 465,145 185,472
Deferred tax asset 1,821,601 2,788,920
Valuation allowance (foreign) (1,309,445) (2,515,954)
Valuation allowance (federal) (299,522) (90,220)
Total deferred tax asset 212,634 182,746
Deferred tax liability:    
Property, plant, and equipment (210,912) (181,224)
Other (1,722) (1,522)
Total deferred tax liability (212,664) (182,746)
Net Deferred Tax Asset $ 0 $ 0