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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended 15 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Exploration Stage [Member]
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ (1,422,895) $ 5,602,218 $ (1,622,508)
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Amortization of discount on convertible debt and debt issuance costs 0 0 0
Common Stock issues for services 187,487 23,375 269,837
Change in fair value of conversion option and warrant liabilities 0 (6,308,136) 0
Change in fair value of investment 213,356 0 158,081
Changes in operating assets and liabilities:      
Prepaid expenses and other assets (196,571) (13,356) (202,957)
Goodwill 0 (25,000) 0
Accounts payable and accrued liabilities 145,525 548,013 176,339
Net cash used in operating activities (1,073,098) (172,886) (1,221,208)
CASH FLOWS USED IN INVESTING ACTIVITIES:      
Acquisitions of fixed assets, net of disposals (20,340) 0 (20,340)
Net cash provided by investing activities (20,340) 0 (20,340)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from notes payable 443,458 40,000 486,244
Proceeds from related parties, net of repayments (88,687) 0 (192,258)
Proceeds from private placement, net of fees (including cash received for shares to be issued) - preferred and common stock 860,500 250,000 1,130,500
Repayments made on note payable for Dodge Mines (13,500) (27,000) (57,000)
Net cash provided by financing activities 1,201,771 263,000 1,367,486
Net increase (decrease) in cash and cash equivalents 108,333 90,114 125,938
CASH AT BEGINNING OF YEAR 17,605 2,323 0
CASH AT END OF PERIOD 125,938 92,437 125,938
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Cash paid for interest 0 0 0
Cash paid for income taxes 0 0 0
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING AND INVESTING ACTIVITIES:      
Accrued interest payable added to principal balance 26,241 1,608 29,027
Goodwill acquired by related party payable 0 0 25,000
Prepaid expenses incurred as a result of issuance of common stock 97,500 0 242,500
Dodge Mines and related debt acquired from related party payable 0 0 406,000
Common stock issued for investment in Kinsey $ 0 $ 0 $ 500,000