Restatement of Financial Statements (Tables)

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

154 Months Ended

157 Months Ended

160 Months Ended

163 Months Ended

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Jun. 30, 2012

Sep. 30, 2012

Dec. 31, 2012

Dec. 31, 2011

Mar. 31, 2012

Jun. 30, 2012

Sep. 30, 2012

Dec. 31, 2012

Schedule of Prior Year's Consolidated Balance Sheet [Table Text Block]

Consolidated Balance Sheet	March 31, 2012
	As Reported		Adjustment		As Restated
	$		$		$
ASSETS
Construction in Progress	15,882,088		(15,882,088	)	–
Total Assets	47,941,664		(15,882,088	)	32,059,576
STOCKHOLDER’S EQUITY
Deficit Accumulated During the Exploration Stage	(100,209,594	)	(15,882,088	)	(116,091,682	)
Total Stockholders’ Equity	43,887,855		(15,882,088	)	28,005,767
Total Equity	43,940,045		(15,882,088	)	28,057,957
Total Liabilities and Stockholders’ Equity	47,941,664		(15,882,088	)	32,059,576

Consolidated Balance Sheet	June 30, 2012
	As Reported		Adjustment		As Restated
	$		$		$
ASSETS
Construction in Progress	22,701,685		(22,701,685	)	–
Total Assets	46,245,896		(22,701,685	)	23,544,211
STOCKHOLDER’S EQUITY
Deficit Accumulated During the Exploration Stage	(101,842,227	)	(22,701,685	)	(124,543,912	)
Total Stockholders’ Equity	42,339,999		(22,701,685	)	19,638,314
Total Equity	42,493,400		(22,701,685	)	19,791,715
Total Liabilities and Stockholders’ Equity	46,245,896		(22,701,685	)	23,544,211

Consolidated Balance Sheet	September 30, 2012
	As Reported		Adjustment		As Restated
	$		$		$
ASSETS
Construction in Progress	26,640,070		(26,640,070	)	–
Total Assets	43,139,934		(26,640,070	)	16,499,864
STOCKHOLDER’S EQUITY
Deficit Accumulated During the Exploration Stage	(103,511,137	)	(26,640,070	)	(130,151,207	)
Total Stockholders’ Equity	40,784,169		(26,640,070	)	14,144,099
Total Equity	40,966,572		(26,640,070	)	14,326,502
Total Liabilities and Stockholders’ Equity	43,139,934		(26,640,070	)	16,499,864

Consolidated Balance Sheet	December 31, 2012
	As Reported		Adjustment		As Restated
	$		$		$
ASSETS
Property and Equipment	1,711,553		(1,119,952	)	591,601
Construction in Progress	20,172,666		(20,172,666	)	–
Total Assets	32,846,112		(21,292,618	)	11,553,494
STOCKHOLDER’S EQUITY
Deficit Accumulated During the Exploration Stage	(115,998,598	)	(21,292,618	)	(137,291,216	)
Total Stockholders’ Equity	29,500,593		(21,292,618	)	8,207,975
Total Equity	29,622,961		(21,292,618	)	8,330,343
Total Liabilities and Stockholders’ Equity	32,846,112		(21,292,618	)	11,553,494

Consolidated Balance Sheet	December 31, 2011
	As Reported		Adjustment		As Restated
	$		$		$
ASSETS
Property and Equipment	944,254		(474,320	)	469,934
Construction in Progress	6,345,390		(6,345,390	)	–
Total Assets	45,714,186		(6,819,710	)	38,894,476
STOCKHOLDER’S EQUITY
Deficit Accumulated During the Exploration Stage	(101,497,057	)	(6,819,710	)	(108,316,767	)
Total Stockholders’ Equity	42,456,856		(6,819,710	)	35,637,146
Total Equity	42,569,072		(6,819,710	)	35,749,362
Total Liabilities and Stockholders’ Equity	45,714,186		(6,819,710	)	38,894,476

Schedule of Prior Year's Consolidated Statement of Operations [Table Text Block]

Consolidated Statement of Operations	Three Months Ended September 30, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Mineral property expenditures	543,222		3,938,385		4,481,607
Total Operating Expenses	1,806,465		3,938,385		5,744,850
Loss from continuing operations	(1,795,991	)	(3,938,385	)	(5,734,376	)
Net Loss and comprehensive loss	(1,795,991	)	(3,938,385	)	(5,734,376	)
Net loss Attributable to the Company	(1,668,910	)	(3,938,385	)	(5,607,295	)
Net Loss Per Share – Basic and Diluted	(0.02	)	(0.05	)	(0.07	)

Consolidated Statement of Operations	Three Months Ended June 30, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Mineral property expenditures	450,324		6,819,598		7,269,922
Total Operating Expenses	1,770,941		6,819,598		8,590,539
Loss from continuing operations	(1,758,379	)	(6,819,598	)	(8,577,977	)
Net Loss and comprehensive loss	(1,758,379	)	(6,819,598	)	(8,577,977	)
Net loss Attributable to the Company	(1,632,633	)	(6,819,598	)	(8,452,231	)
Net Loss Per Share – Basic and Diluted	(0.02	)	(0.09	)	(0.11	)

Consolidated Statement of Operations	Three Months Ended March 31, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Mineral property expenditures	237,787		6,128,020		6,365,807
Total Operating Expenses	1,723,054		6,128,020		7,851,074
Loss from continuing operations	(1,706,920	)	(6,128,020	)	(7,834,940	)
Net Loss and comprehensive loss	(1,706,920	)	(6,128,020	)	(7,834,940	)
Net loss Attributable to the Company	(1,646,894	)	(6,128,020	)	(7,774,914	)
Net Loss Per Share – Basic and Diluted	(0.02	)	(0.08	)	(0.10	)

Consolidated Statement of Operations	Six Months Ended June 30, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Mineral property expenditures	688,111		12,947,618		13,635,729
Total Operating Expenses	3,493,995		12,947,618		16,441,613
Loss from continuing operations	(3,465,299	)	(12,947,618	)	(16,412,917	)
Net Loss and comprehensive loss	(3,465,299	)	(12,947,618	)	(16,412,917	)
Net loss Attributable to the Company	(3,279,527	)	(12,947,618	)	(16,227,145	)
Net Loss Per Share – Basic and Diluted	(0.04	)	(0.17	)	(0.21	)

Consolidated Statement of Operations	Nine Months Ended September 30, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Mineral property expenditures	1,231,333		16,886,003		18,117,336
Total Operating Expenses	5,300,460		16,886,003		22,186,463
Loss from continuing operations	(5,261,290	)	(16,886,003	)	(22,147,293	)
Net Loss and comprehensive loss	(5,261,290	)	(16,886,003	)	(22,147,293	)
Net loss Attributable to the Company	(4,948,437	)	(16,886,003	)	(21,834,440	)
Net Loss Per Share – Basic and Diluted	(0.06	)	(0.22	)	(0.28	)

Consolidated Statement of Operations	Year Ended December 31, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Mineral property expenditures	8,328,468		14,472,908		22,801,376
Total Operating Expenses	14,916,836		14,472,908		29,389,744
Loss from continuing operations	(14,874,429	)	(14,472,908	)	(29,347,337	)
Net Loss and comprehensive loss	(14,874,429	)	(14,472,908	)	(29,347,337	)
Net loss Attributable to the Company	(14,501,543	)	(14,472,908	)	(28,974,449	)
Net Loss Per Share – Basic and Diluted	(0.19	)	(0.19	)	(0.38	)

Consolidated Statement of Operations	Year Ended December 31, 2011
	As Reported		Adjustment		As Restated
	$		$		$
Mineral property expenditures	5,439,981		6,819,710		12,259,691
Total Operating Expenses	18,703,511		6,819,710		25,523,221
Loss from continuing operations	(18,624,346	)	(6,819,710	)	(25,444,056	)
Net Loss and comprehensive loss	(18,624,346	)	(6,819,710	)	(25,444,056	)
Net loss Attributable to the Company	(18,053,923	)	(6,819,710	)	(24,873,633	)
Net Loss Per Share – Basic and Diluted	(0.24	)	(0.09	)	(0.33	)

Consolidated Statement of Operations	From inception to March 31, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Mineral property expenditures	53,360,338		15,882,088		69,242,426
Total Operating Expenses	106,216,260		15,882,088		122,098,348
Loss from continuing operations	(104,081,596	)	(15,882,088	)	(119,963,684	)
Net Loss and comprehensive loss	(103,130,619	)	(15,882,088	)	(119,012,707	)
Net loss Attributable to the Company	(100,209,594	)	(15,882,088	)	(116,091,682	)

Consolidated Statement of Operations	From inception to June 30, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Mineral property expenditures	53,810,662		22,701,685		76,512,347
Total Operating Expenses	107,987,201		22,701,685		130,688,886
Loss from continuing operations	(105,839,975	)	(22,701,685	)	(128,541,660	)
Net Loss and comprehensive loss	(104,888,998	)	(22,701,685	)	(127,590,683	)
Net loss Attributable to the Company	(101,842,227	)	(22,701,685	)	(124,543,912	)

Consolidated Statement of Operations	From inception to September 30, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Mineral property expenditures	54,353,884		26,640,070		80,993,954
Total Operating Expenses	109,793,666		26,640,070		136,433,736
Loss from continuing operations	(107,635,966	)	(26,640,070	)	(134,276,036	)
Net Loss and comprehensive loss	(106,684,989	)	(26,640,070	)	(133,325,059	)
Net loss Attributable to the Company	(103,511,137	)	(26,640,070	)	(130,151,207	)

Consolidated Statement of Operations	From Inception to December 31, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Mineral property expenditures	64,385,374		21,292,618		85,677,992
Total Operating Expenses	122,344,399		21,292,618		143,637,017
Loss from continuing operations	(120,183,462	)	(21,292,618	)	(141,476,080	)
Net Loss and comprehensive loss	(119,232,485	)	(21,292,618	)	(140,525,103	)
Net loss Attributable to the Company	(115,998,598	)	(21,292,618	)	(137,291,216	)

Schedule of Prior Year's Consolidated Statement of Cash Flows [Table Text Block]

Consolidated Statement of Cash Flows	Three Months Ended March 31, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Operating Activities
Net Loss and comprehensive loss	(1,706,920	)	(6,128,020	)	(7,834,940	)
Increase in asset retirement obligation liability	–		311,352		311,352
Accounts payable and accrued liabilities	(348,082	)	964,769		616,687
Net Cash Used in Operating Activities	(2,035,366	)	(4,851,899	)	(6,887,265	)
Investing Activities
Investment in property and equipment	(5,093,328	)	4,851,899		(241,429	)
Net Cash Used in Investing Activities	(5,093,328	)	4,851,899		(241,429	)

Consolidated Statement of Cash Flows	Six Months Ended June 30, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Operating Activities
Net Loss and comprehensive loss	(3,465,299	)	(12,947,618	)	(16,412,917	)
Increase in asset retirement obligation liability	–		413,428		413,428
Accounts payable and accrued liabilities	(622,386	)	888,374		265,988
Net Cash Used in Operating Activities	(3,683,326	)	(11,645,816	)	(15,329,142	)
Investing Activities
Investment in property and equipment	(11,999,412	)	11,645,816		(353,596	)
Net Cash Used in Investing Activities	(11,999,412	)	11,645,816		(353,596	)

Consolidated Statement of Cash Flows	Nine Months Ended September 30, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Operating Activities
Net Loss and comprehensive loss	(5,261,290	)	(16,886,003	)	(22,147,293	)
Increase in asset retirement obligation liability	–		573,088		573,088
Accounts payable and accrued liabilities	(822,249	)	(655,176	)	(1,477,425	)
Net Cash Used in Operating Activities	(6,008,211	)	(16,968,091	)	(22,976,302	)
Investing Activities
Investment in property and equipment	(17,328,761	)	16,968,091		(360,670	)
Net Cash Used in Investing Activities	(17,329,054	)	16,968,091		(360,963	)

Consolidated Statement of Cash Flows	Year Ended December 31, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Operating Activities
Net Loss and comprehensive loss	(14,874,429	)	(14,472,908	)	(29,347,337	)
Depreciation	397,109		(155,499	)	241,610
Increase in asset retirement obligation liability	–		682,380		682,380
Stock-based compensation	1,334,971		113,423		1,448,394
Accounts payable and accrued liabilities	(376,916	)	(169,399	)	(546,315	)
Net Cash Used in Operating Activities	(13,666,266	)	(14,002,003	)	(27,668,269	)
Investing Activities
Investment in property and equipment	(14,416,401	)	14,002,003		(414,398	)
Net Cash Used in Investing Activities	(14,441,693	)	14,002,003		(439,690	)

Consolidated Statement of Cash Flows	Year Ended December 31, 2011
	As Reported		Adjustment		As Restated
	$		$		$
Operating Activities
Net Loss and comprehensive loss	(18,624,346	)	(6,819,710	)	(25,444,056	)
Increase in asset retirement obligation liability	–		337,046		337,046
Stock-based compensation	6,299,188		105,119		6,404,307
Accounts payable and accrued liabilities	447,987		1,524,802		1,972,789
Net Cash Used in Operating Activities	(11,699,586	)	(4,852,743	)	(16,552,329	)
Investing Activities
Investment in property and equipment	(4,984,167	)	4,852,743		(131,424	)
Net Cash Used in Investing Activities	(5,007,553	)	4,852,743		(154,810	)

Consolidated Statement of Cash Flows	From Inception to March 31, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Operating Activities
Net Loss and comprehensive loss	(103,130,619	)	(15,882,088	)	(119,012,707	)
Increase in asset retirement obligation liability	–		648,398		648,398
Stock-based compensation	26,746,703		105,119		26,851,822
Accounts payable and accrued liabilities	940,872		2,489,572		3,430,444
Net Cash Used in Operating Activities	(56,424,692	)	(12,638,999	)	(69,063,691	)
Investing Activities
Investment in property and equipment	(13,994,250	)	12,638,999		(1,355,251	)
Net Cash Used in Investing Activities	(15,015,684	)	12,638,999		(2,376,685	)

Consolidated Statement of Cash Flows	From Inception to June 30, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Operating Activities
Net Loss and comprehensive loss	(104,888,998	)	(22,701,685	)	(127,590,683	)
Increase in asset retirement obligation liability	–		750,474		750,474
Stock-based compensation	26,828,880		105,119		26,933,999
Accounts payable and accrued liabilities	666,568		2,413,176		3,079,744
Net Cash Used in Operating Activities	(58,072,652	)	(19,432,916	)	(77,505,568	)
Investing Activities
Investment in property and equipment	(20,900,334	)	19,432,916		(1,467,418	)
Net Cash Used in Investing Activities	(21,921,768	)	19,432,916		(2,488,852	)

Consolidated Statement of Cash Flows	From Inception to September 30, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Operating Activities
Net Loss and comprehensive loss	(106,684,989	)	(26,640,070	)	(133,325,059	)
Increase in asset retirement obligation liability	–		910,134		910,134
Stock-based compensation	26,911,960		105,119		27,017,079
Accounts payable and accrued liabilities	466,705		869,626		1,336,331
Net Cash Used in Operating Activities	(60,397,537	)	(24,755,191	)	(85,152,728	)
Investing Activities
Investment in property and equipment	(26,229,683	)	24,755,191		(1,474,492	)
Net Cash Used in Investing Activities	(27,251,410	)	24,755,191		(2,496,219	)

Consolidated Statement of Cash Flows	From Inception to December 31, 2012
	As Reported		Adjustment		As Restated
	$		$		$
Operating Activities
Net Loss and comprehensive loss	(119,232,485	)	(21,292,618	)	(140,525,103	)
Depreciation	1,190,534		(155,499	)	1,035,035
Increase in asset retirement obligation liability	–		1,019,426		1,019,426
Stock-based compensation	27,999,497		218,542		28,218,039
Accounts payable and accrued liabilities	912,038		1,355,403		2,267,441
Net Cash Used in Operating Activities	(70,989,949	)	(18,854,746	)	(89,844,695	)
Investing Activities
Investment in property and equipment	(20,382,966	)	18,854,746		(1,528,220	)
Net Cash Used in Investing Activities	(21,429,692	)	18,854,746		(2,574,946	)