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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended 15 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Exploration Stage [Member]
Operations:          
Professional, consulting and marketing fees $ 169,181 $ 32,075 $ 333,360 $ 62,050 $ 406,992
Exploration Cost 230,578 0 230,578 0 230,578
Research and development 379,861 99,219 458,926 99,219 566,962
General and administrative 49,356 20,129 163,338 24,288 233,772
Total operating expenses 828,976 151,423 1,186,202 185,557 1,438,304
Loss from Operations (828,976) (151,423) (1,186,202) (185,557) (1,438,304)
OTHER INCOME (EXPENSE)          
Interest income 0 0 0 0 0
Gain (Loss) on Investment - W.G.B. Kinsey - Equity Method (13,923) 0 (213,356) 0 (158,081)
Change in fair value of conversion option and warrant liabilities 0 0 0 6,308,136 0
Amortization of discount on convertible debt 0 0 0 0 0
Interest expense (17,750) (1,608) (23,337) (520,361) (26,123)
Miscellaneous Expense 0 0 0 0 0
Total other income (expense) (31,673) (1,608) (236,693) 5,787,775 (184,204)
Income (loss) before income taxes (860,649) (153,031) (1,422,895) 5,602,218 (1,622,508)
Income tax benefit 0 0 0 0 0
NET INCOME (LOSS) $ (860,649) $ (153,031) $ (1,422,895) $ 5,602,218 $ (1,622,508)
Income (loss) per share - basic (in dollars per share) $ (0.01) $ 0.00 $ (0.01) $ 0.10 $ (0.01)
Weighted average number of shares outstanding, basic (in shares) 136,333,717 119,074,174 136,240,072 53,809,390 130,552,319
Income (loss) per share - diluted (in dollars per share) $ (0.01) $ 0.00 $ (0.01) $ 0.09 $ (0.01)
Weighted average number of shares outstanding - diluted (in shares) 168,627,566 129,467,593 168,400,436 61,924,722 157,689,907