CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended		41 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss.	$ (2,368,253)	$ (4,231,117)	$ (10,490,131)
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation.	52,017	49,982	142,360
Common stock issued for services	0	136,842	530,009
Common stock issued for interest expense	67,500	37,500	105,000
Preferred stock issued for financing agreement	920,000	0	920,000
Accretion of debt-related discounts	278,110	612,454	1,442,959
Accretion of asset retirement obligation	4,320	0	4,320
Change in fair value of derivatives.	(67,347)	103,850	53,885
Loss on extinguishment of debt	0	2,149,404	2,149,404
(Gain) on sale of marketable securities	0	0	(2,540)
Changes in operating assets and liabilities:
(Increase) decrease in inventory	0	(49,738)	0
(Increase) decrease in accounts receivable	65,408	0	(1,475)
(Increase) decrease in prepaid expenses and other current assets	28,343	3,564	(4,421)
Increase (decrease) in accounts payable	105,158	(26,651)	108,754
Increase (decrease) in accrued expenses	52,387	(11,135)	34,582
Increase (decrease) in interest payable	488,462	264,706	908,022
Net cash used by operating activities	(373,895)	(960,339)	(4,099,272)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	0	(39,327)	(452,104)
Payments on mineral leases	(50,000)	(49,845)	(359,681)
Acquisition of reclamation bonds	(600)	(63,001)	(107,780)
Notes receivable	0	0	27,500
Proceeds from marketable securities	0	0	48,920
Net cash used by investing activities	(50,600)	(152,173)	(843,145)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from convertible notes payable	0	0	600,000
Proceeds from notes payable	0	1,000,000	3,500,000
Payment of note payable - equipment	0	(15,995)	(15,995)
Proceeds from issuance of common stock	20,150	316,125	1,363,833
Proceeds from issuance of preferred stock	0	0	958
Financing fees paid	0	(55,000)	(521,281)
Net cash provided by financing activities	20,150	1,245,130	4,927,515
NET INCREASE (DECREASE) IN CASH	(404,345)	132,618	(14,902)
CASH, BEGINNING OF PERIOD	415,090	566,549	25,647
CASH, END OF PERIOD	10,745	699,167	10,745
NON-CASH FINANCING AND INVESTING ACTIVITIES:
Common stock issued for mineral lease	0	0	525,000
Common stock issued as incentive with convertible notes	0	0	210,000
Common stock issued for reclamation bond	0	0	42,802
Equipment acquired with note payable	0	0	15,995
Common stock issued for accrued liabilities-officer wages	0	131,259	131,259
Prepaid interest liability	0	0	441,175
Repayment premium obligation	0	0	588,325
Common stock issued for accrued interest	22,500	0	67,500
Preferred stock issued in connection with debt amendment	$ 920,000	$ 700,000	$ 1,620,000