Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.20.2
Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 6,643,000 $ 7,403,000
Accounts receivable 14,000 22,000
Inventory 7,619,000 0
Prepaid expenses 943,000 885,000
Total current assets 15,219,000 8,310,000
Non-current assets    
Non-current portion of inventory 0 7,426,000
Restricted cash 7,857,000 7,812,000
Mineral properties 41,192,000 43,212,000
Capital assets 22,356,000 23,630,000
Total non-current assets 71,405,000 82,080,000
Total assets 86,624,000 90,390,000
Current liabilities    
Accounts payable and accrued liabilities 2,365,000 2,211,000
Current portion of notes payable 479,000 0
Current portion of warrant liability 288 0
Environmental remediation accrual 90,000 72,000
Total current liabilities 3,222,000 2,283,000
Non-current liabilities    
Notes payable 12,687,000 12,215,000
Lease liability 67,000 12,000
Asset retirement obligations 31,235,000 30,972,000
Warrant liability 537,000 575,000
Total non-current liabilities 44,526,000 43,774,000
Shareholders' equity (note 13)    
Share Capital 189,250,000 185,754,000
Warrants 0 0
Contributed surplus 20,861,000 20,317,000
Accumulated other comprehensive income 3,721,000 3,654,000
Accumulated deficit (174,956,000) (165,392,000)
Total shareholders' equity 38,876,000 44,333,000
Total liabilities and shareholders' equity $ 86,624,000 $ 90,390,000