Segment Disclosures

3 Months Ended

Mar. 31, 2013

Segment Disclosures [Text Block]

14.	Segment Disclosures
	The Company has two operating segments both involving the acquisition and exploitation of uranium and mineral resources. These operating segments consist of the Arkose Mining Venture (“Arkose”) and the Company’s remaining operations.
	Factors used to identify the Company’s reportable segments include the organizational structure of the Company and the financial information available for evaluation by the chief operating decision-maker in making decisions about how to allocate resources and assess performance. The Company’s operating segments have been broken out based on similar economic and other qualitative criteria. The Company operates both reporting segments in one geographical area, the United States.
	The Chief Executive Officer is the Company’s Chief Operating Decision Maker (CODM) as defined by ASC 280, Segment Reporting . The CODM allocates resources and assesses the performance of the Company based on the results of operations.
	Financial statement information by operating segment is presented below:

		March 31, 2013		December 31, 2012
	Total	Uranerz	Arkose	Total	Uranerz	Arkose
	$	$	$	$	$	$
Assets	7,213,643	6,511,754	701,889	11,553,494	10,700,952	852,542

	For the						For the
	Three Months Ended						Three Months Ended
	March 31, 2013						March 31, 2012
	Total		Uranerz		Arkose		Total		Uranerz		Arkose
	$		$		$		$		$		$
Net Loss attributable to the Company	(4,136,776	)	(4,007,868	)	(128,908	)	(7,834,940	)	(7,720,517	)	(114,423	)
Interest revenue	4,000		4,000		–		16,134		16,134		–
Depreciation	(56,016	)	(56,016	)	–		(59,124	)	(59,124	)	–
Accretion	(18,032	)	(18,032	)	–		(5,816	)	(5,816	)	–