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STATEMENT OF STOCKHOLDERS' EQUITY (USD $)
Common Stock Shares
Common Stock Amount
USD ($)
Additional paid in capital
USD ($)
Subscriptions Receivable
USD ($)
Accumulated Deficit prior to exploration stage
USD ($)
Accumulated Deficit during exploration stage
USD ($)
Accumulated Other comprehensive Income
USD ($)
Total Stockholder's Equity (Deficit)
USD ($)
Balance. at Jun. 30, 2001 932,729 933 1,283,003 0 (1,634,303) 0 0 (350,367)
Issuance of common stock for services at an average of $0.05 per share. 115,000 115 114,885 0 0 0 0 115,000
Cancellation of stock used as payment for debt. (150,000) (150) (34,850) 0 0 0 0 (35,000)
Options exercised as payment for services at $1.00 per share. 35,000 35 34,965 0 0 0 0 35,000
Issuance of common stock for debt retirement at $3.00 per share. 221,064 221 662,972 0 0 0 0 663,193
Issuance of stock for mining rights. 150,000 150 329,850 0 0 0 0 330,000
Options exercised at $1.40 per common share. 100,000 100 139,900 (70,000) 0 0 0 70,000
Options exercised as payment for services at $2.20 per common share. 1,000 1 2,199 0 0 0 0 2,200
Net loss for the year ended June 30, 2002.   $ 0 $ 0 $ 0 $ (228,549) $ (575,370) $ 0 $ (803,919)
Balance. at Jun. 30, 2002 1,404,793 1,405 2,532,924 (70,000) (1,862,852) (575,370) 0 26,107
Options exercised as payment for services at $1.80 per common share 25,000 25 44,975 0 0 0 0 45,000
Subscriptions received.   0 0 70,000 0 0 0 70,000
Options exercised as payment for services at $1.00 per common share, 65,000 65 68,935 0 0 0 0 69,000
Options exercised for cash of $150,000 and services at $1.20 per common share 170,000 170 204,830 0 0 0 0 205,000
Options exercised as payment of legal services at $0.80 per common share 1,950 2 1,558 0 0 0 0 1,560
Balance Forward 1,666,743 1,667 2,853,222 0 (1,862,852) (575,370) 0 416,667
Issuance of stock for services at $1.60 per share 30,000 30 47,970 0 0 0 0 48,000
Issuance of stock for debt at $1.20 per common share 117,431 117 140,799 0 0 0 0 140,916
Options exercised for cash at$0.90 per common share 55,556 56 49,944 0 0 0 0 50,000
Options exercised at $1.00 per share for subscription receivable 25,000 25 24,975 (25,000) 0 0 0 0
Options exercised as payment for services at $1.00 per share 20,000 20 19,980 0 0 0 0 20,000
Net loss for the year ended June 30, 2003   0 0 0 0 (730,997) 0 (730,997)
Foreign currency translation gain   0 0 0 0 0 682 682
Balance. at Jun. 30, 2003 1,914,729 1,915 3,136,890 (25,000) (1,862,852) (1,306,367) 682 (54,732)
Options exercised as payment for services at $1.00 per common share. 26,250 26 27,374 0 0 0 0 27,400
Stock subscription paid   0 0 25,000 0 0 0 25,000
Options exercised at $1.20 per share 556,250 556 706,944 0 0 0 0 707,500
Issuance of stock for services at $4.00 per share, 1,250 1 4,999 0 0 0 0 5,000
Issuance of stock for property acquisition at $3.20 per share 50,000 50 159,950 0 0 0 0 160,000
Stock issued for cash at $6.00 per share, 50,000 50 299,950 0 0 0 0 300,000
Net loss for the year ended June 30, 2004   0 0 0 0 (788,700) 0 (788,700)
Foreign currency translation gain (loss)   0 0 0 0 0 (682) (682)
Balance. at Jun. 30, 2004 2,598,479 2,598 4,336,107 0 (1,862,852) (2,095,067) 0 380,786
Options exercised at an average of $2.20 per share, 42,950 43 90,948 0 0 0 0 90,991
Issuance of stock for debt at $1.40 per share 54,404 54 80,279 0 0 0 0 80,333
Issuance of stock for property acquisition at $1.80 per share 75,000 75 134,925 0 0 0 0 135,000
Issuance of stock for services at $1.80 per share 7,500 8 13,492 0 0 0 0 13,500
Issuance of stock for services at $4.00 per share 2,500 3 9,997 0 0 0 0 10,000
Options exercised as payment for services at $1.60 per share 85,494 85 135,205 0 0 0 0 135,290
Net loss for the year ended June 30, 2005   0 0 0 0 (1,018,390) 0 (1,018,390)
Balance. at Jun. 30, 2005 2,866,328 2,866 4,800,953 0 (1,862,852) (3,113,457) 0 (172,490)
Issuance of stock for property acquisition at $3.20 per share 55,000 55 65,945 0 0 0 0 66,000
Issuance of stock for services at $1.20 per share 90,250 90 118,410 0 0 0 0 118,500
Options exercised for cash at $1.40 per common share 50,000 50 69,950 0 0 0 0 70,000
Options exercised as payment for services from $1.40 to $2.00 per common share 65,000 65 113,935 0 0 0 0 114,000
Stock issued for cash at $2.00 per share 280,000 280 559,720 0 0 0 0 560,000
Issuance of stock for debt from $1.20 to $2.00 per share 186,306 186 285,439 0 0 0 0 285,625
Stock issued for cash from $1.80 to $2.10 per share 118,219 118 229,226 0 0 0 0 229,344
Stock options granted.   0 381,340 0 0 0 0 381,340
Net loss for the year ended June 30, 2006   0 0 0 0 (1,404,004) 0 (1,404,004)
Balance. at Jun. 30, 2006 3,711,103 3,711 6,624,918 0 (1,862,852) (4,517,461) 0 248,315
Issuance of stock for services at $2.00 per share 4,500 5 8,995 0 0 0 0 9,000
Issuance of stock for debt at $1.20 per share 36,250 36 43,464 0 0 0 0 43,500
Issuance of stock for services from $1.60 to $1.80 per common share 105,000 105 172,395 0 0 0 0 172,500
Common shares cancelled at $1.80 per share (27,500) (28) (49,472) 0 0 0 0 (49,500)
Issuance of stock for cash at $1.20 per share 83,333 83 99,917 0 0 0 0 100,000
Net loss for the year ended June 30, 2007   0 0 0 0 (872,325) 0 (872,325)
Balance. at Jun. 30, 2007 3,912,686 3,913 6,900,217 0 (1,862,852) (5,389,787) 0 (348,511)
Issuance of stock for debt at $0.97 per share 110,000 110 106,590 0 0 0 0 106,700
Net loss for the year ended June 30, 2008   0 0 0 0 (202,215) 0 (202,215)
Balance. at Jun. 30, 2008 4,022,686 4,023 7,006,807 0 (1,862,852) (5,592,002) 0 (444,026)
Issuance of stock for debt at $0.50 per share 735,000 735 366,765 0 0 0 0 367,500
Isuance of stock for services at $0.20 per share 125,000 125 24,875 0 0 0 0 25,000
Net loss for year ended June 30, 2009   0 0 0 0 (62,285) 0 (62,285)
Balance. at Jun. 30, 2009 4,882,686 4,883 7,398,447 0 (1,862,852) (5,654,288) 0 (113,811)
Net loss for the year ended June 30, 2010   0 0 0 0 (32,677) 0 (32,677)
Balance. at Jun. 30, 2010 4,882,686 4,883 7,398,447 0 (1,862,852) (5,686,964) 0 (146,488)
Rounding on stock consolidation 20 0 0 0 0 0 0 0
Issuance of stock for debt at $0.10 per share 1,620,589 1,620 160,437 0 0 0 0 162,057
Net loss and comprehensive loss for the year ended June 30, 2011   0 0 0 0 (59,944) 0 (59,944)
Balance. at Jun. 30, 2011 6,503,295 6,503 7,558,884 0 (1,862,852) (5,746,907) 0 (44,373)
Net loss and comprehensive loss for the year ended June 30, 2012   0 0 0 0 (35,912) 0 (35,912)
Balance. at Jun. 30, 2012 6,503,295 6,503 7,558,884 0 (1,862,852) (5,782,819) 0 (80,284)
Net loss and comprehensive loss for the year ended June 30, 2013   $ 0 $ 0 $ 0 $ 0 $ (30,620) $ 0 $ (30,620)
Balance. at Jun. 30, 2013 6,503,295 6,503 7,558,884 0 (1,862,852) (5,813,439) 0 (110,904)