CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2012	Sep. 30, 2011
CURRENT ASSETS
Cash and cash equivalents	$ 6,766	$ 942,428
Deposits and prepaids	5,771	48,780
Supplies inventory		1,777
Total Current Assets	12,537	992,985
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	3,256,650	3,255,558
Accumulated depreciation	(1,802,351)	(1,675,106)
Total Property Plant and Equipment	1,454,299	1,580,452
MINERAL AND MINING PROPERTIES	2,327,369	2,206,369
OTHER ASSETS
Notes receivable (net of discount)	1,675,147	1,614,841
Investments	125,421	18,669
Total Other Assets	1,800,568	1,633,510
TOTAL ASSETS	5,594,773	6,413,316
CURRENT LIABILITIES
Accounts payable	20,609	53,155
Accrued expenses	65,753	5,420
Notes payable	7,544
Total Current Liabilities	93,906	58,575
Total Liabilities	93,906	58,575
STOCKHOLDERS’ EQUITY
Common stock, 200,000,000 shares authorized, $0.10 par value; 53,221,704 and 51,087,704 shares issued and outstanding	5,322,170	5,108,770
Additional paid-in capital	4,625,738	4,554,963
Treasury stock	(206,894)	(206,894)
Accumulated deficit in exploration stage	(2,585,167)	(1,437,635)
Accumulated deficit prior to exploration stage	(1,667,482)	(1,667,482)
Accumulated other comprehensive income	12,502	3,019
Total Stockholders’ Equity	5,500,867	6,354,741
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 5,594,773	$ 6,413,316