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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]        
REVENUE - MINING $ 6,811,516    $ 10,479,438   
REVENUE - HOTEL 174,393 182,523 296,237 294,245
Total revenues 6,985,909 182,523 10,775,675 294,245
COST AND EXPENSES        
Costs applicable to mining revenue 8,233,818    12,069,915   
Hotel operating costs 253,583 225,390 459,923 406,083
Reclamation and exploration 2,336,948 5,504,368 4,425,812 10,245,232
General and administrative 1,486,947 2,723,697 4,238,293 4,918,218
Consultants and professional fees 339,566 782,290 984,845 1,438,750
Total cost and expenses 12,650,862 9,235,745 22,178,788 17,008,283
LOSS FROM OPERATIONS (5,664,953) (9,053,222) (11,403,113) (16,714,038)
OTHER INCOME (EXPENSE)        
Change in fair value of derivative liabilities 81,787 117,900 519,601 484,700
Interest expense (228,511) (52,738) (691,947) (97,948)
Interest income 818 7,714 1,568 14,342
Gain on settlement of debt obligations 286,535    286,535   
Total other income, net 140,629 72,876 115,757 401,094
LOSS BEFORE INCOME TAXES (5,524,324) (8,980,346) (11,287,356) (16,312,944)
INCOME TAX            
NET LOSS (5,524,324) (8,980,346) (11,287,356) (16,312,944)
DIVIDENDS ON CONVERTIBLE PREFERRED STOCK (1,029,735) (1,102,398) (2,064,042) (2,208,275)
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS $ (6,554,059) $ (10,082,744) $ (13,351,398) $ (18,521,219)
Net loss per common share - basic $ (0.11) $ (0.26) $ (0.24) $ (0.50)
Net loss per common share - diluted $ (0.11) $ (0.26) $ (0.24) $ (0.50)
Weighted average common shares outstanding - basic 57,443,706 39,503,340 54,571,012 37,136,759
Weighted average common shares outstanding - diluted 57,443,706 39,503,340 54,571,012 37,136,759