STATEMENTS OF OPERATIONS (USD $)	12 Months Ended		122 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012
REVENUES	$ 0	$ 0	$ 0
EXPENSES
Consulting and professional fees	25,071	43,760	1,894,043
Exploration costs	0	0	2,449,248
Stock compensation expense	0	0	381,340
General and administrative expenses	10,841	16,183	1,024,623
TOTAL EXPENSES	35,912	59,943	5,749,254
LOSS FROM OPERATIONS	(35,912)	(59,943)	(5,749,254)
OTHER INCOME (EXPENSE)
Loss on sale of mining equipment	0	0	(177,193)
Gain on settlement of debt	0	0	142,442
Other income	0	0	1,186
TOTAL OTHER INCOME (EXPENSE)	0	0	(33,565)
LOSS BEFORE INCOME TAXES	(35,912)	(59,943)	(5,782,819)
INCOME TAXES	0	0	0
NET LOSS AND COMPREHENSIVE LOSS	$ (35,912)	$ (59,943)	$ (5,782,819)
NET LOSS PER SHARE, BASIC AND DILUTED:	$ (0.01)	$ (0.01)
WEIGHTED AVERAGE NUMBER OF COMMON STOCK SHARES OUTSTANDING, BASIC AND DILUTED:	6,503,295	5,721,841