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CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) (USD $)
Common Stock
Additional Paid in Capital
Non-Controlling Interest
Common Stock Warrants
Deficit Accumulated During the Exploration Stage
Total
Balance at Dec. 31, 2006 $ 4 $ 5,256,988     $ (5,252,623) $ 4,369
Balance Shares at Dec. 31, 2006 41,631          
Correction of an accounting error         5,947 5,947
Balance at Dec. 31, 2007 4 5,256,988     (5,246,676) 10,316
Balance Shares at Dec. 31, 2007 41,631          
Issuance of common stock for cash 1 299,999       300,000
Issuance of common stock for cash - Shares 5,000          
Net Income (Loss)         (292,310) (292,310)
Balance at Dec. 31, 2008 5 5,556,987     (5,538,986) 18,006
Balance Shares at Dec. 31, 2008 46,631          
Conversion of debt to common stock   1,000       1,000
Conversion of debt to common stock - Shares 133          
Reverse stock split 859          
Net Income (Loss)         (77,998) (77,998)
Balance at Dec. 31, 2009 5 5,557,987     (5,616,984) (58,992)
Balance Shares at Dec. 31, 2009 47,623          
Conversion of debt to common stock 1 9,999       10,000
Conversion of debt to common stock - Shares 10,000          
Issuance of common stock for cash 5,000 45,000       50,000
Issuance of common stock for cash - Shares 50,000,000          
Conversion of debt to common stock (2nd time) 5,000 51,181       56,181
Conversion of debt to common stock (2nd time) - Shares 50,000,000          
Exercise of warrants 15 170,985   (21,000)   150,000
Exercise of warrants - Shares 150,000          
Stock options issued as compensation   1,170,713       1,170,713
Stock warrants issued for mineral properties       1,311,508   1,311,508
Issuance of stock warrants   (2,821,069)   2,821,069    
Issuance of common stock for cash (2nd time) 100 199,900       2,000,000
Issuance of common stock for cash (2nd time) - Shares 1,000,000          
Net Income (Loss)         (1,449,474) (1,449,474)
Balance at Dec. 31, 2010 10,121 6,184,696   4,111,577 (7,066,458) 3,239,936
Balance Shares at Dec. 31, 2010 101,207,623          
Stock options issued as compensation   434,517       434,517
Stock warrants issued for mineral properties       15,547,500   15,547,500
Stock warrants rescinded and cancelled       (15,547,500)   (15,547,500)
Stock warrants rescinded and cancelled (2nd time)       (1,311,508)   (1,311,508)
Stock options issued for consultant       400,425   400,425
Net Income (Loss)         (2,057,865) (2,057,865)
Balance at Dec. 31, 2011 10,121 6,619,213   3,200,494 (9,124,323) 705,505
Balance Shares at Dec. 31, 2011 101,207,623          
Stock options issued as compensation   226,914       226,914
Net Income (Loss)         (861,254) (861,254)
Minority interest     (263,502)     (263,502)
Balance at Jun. 30, 2012 $ 10,121 $ 6,846,127 $ (263,502) $ 3,200,494 $ (9,985,577) $ (192,337)
Balance Shares at Jun. 30, 2012 101,207,623