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STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended115 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:   
Net loss$ (9,211)$ (16,776)$ (5,756,118)
Adjustments to reconcile net loss to net cash used in operating activities:   
Depreciation  95,176
Loss on sale of mining equipment  177,193
Options exercised for services  276,691
Gain on settlement of debt  (142,442)
Stock issued for current debt  470,041
Stock issued for officer's wages and services  252,700
Stock issued for professional services  272,060
Stock issued for exploration costs  711,000
Stock options granted  381,340
Expenses paid on behalf of Company  42,610
Decrease (increase) in:   
Loans and advance receivable   
Increase (decrease) in:   
Accounts payable(2,667)(1,573)270,525
Accrued expenses  (5,807)
Accrued payables, related parties  387,663
Net cash (used) by operating activities(11,878)(18,349)(2,567,368)
CASH FLOWS FROM INVESTING ACTIVITIES:   
Purchase of fixed assets  (95,174)
CASH FLOWS FROM FINANCING ACTIVITIES:   
Net proceeds from related party loans11,81820,249153,639
Proceeds from borrowings  84,937
Proceed from subscription receivable  25,000
Proceeds from sale of common stock  2,397,835
Net cash provided by financing activities11,81820,2492,661,411
NET INCREASE (DECREASE) IN CASH(60)1,901(1,131)
Cash, beginning of year4254341,496
Cash, end of year3652,334365
NON-CASH INVESTING AND FINANCING ACTIVITIES:   
Note receivable from sale of mining equipment  45,000
Common stock issued on settlement of debt  $ 52,559