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STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended 122 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (35,912) $ (59,943) $ (5,782,819)
Adjustments to reconcile net loss to net cash used by operating activities:      
Depreciation 0 0 95,176
Loss on sale of mining equipment 0 0 177,193
Options exercised for services 0 0 276,691
Gain on settlement of debt 0 0 (142,442)
Stock issued for current debt 0 0 470,041
Stock issued for officer's wages and services 0 0 252,700
Stock issued for professional services 0 0 272,060
Stock issued for exploration costs 0 0 711,000
Stock options granted 0 0 381,340
Expenses paid on behalf of Company 0 0 42,610
(Decrease) increase in:      
Accounts payable (9,741) 7,674 263,451
Accrued expenses 0 0 (5,807)
Accrued payables, related parties 0 0 387,663
Net cash (used) by operating activities (45,653) (52,269) (2,601,143)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of fixed assets 0 0 (95,174)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net proceeds from related party loans 45,542 52,260 187,363
Proceeds from borrowings 0 0 84,937
Proceed from subscription receivable 0 0 25,000
Proceeds from sale of common stock 0 0 2,397,835
Net cash provided by financing activities 45,542 52,260 2,695,135
NET INCREASE (DECREASE) IN CASH (111) (9) (1,182)
Cash, beginning of year 425 434 1,496
Cash, end of year 314 425 314
SUPPLEMENTAL CASH FLOWS INFORMATION      
Income taxes paid 0 0 0
Interest paid 0 0 0
NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Note receivable from sale of mining equipment 0 0 45,000
Common stock issued on settlement of debt (Note 5) $ 0 $ 162,059 $ 529,559