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Statement of Operations (USD $)
12 Months Ended 125 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Jan. 31, 2012
Revenues $ 0 $ 0 $ 0
Expenses:      
Geological and geophysical costs 1,107,560 1,526,572 14,259,580
Salaries and benefits 434,149 1,314,732 3,916,356
Public relations 52,440 35,881 776,482
Depreciation 63,297 61,129 879,530
Legal 65,385 192,096 894,577
Professional services 81,788 93,258 1,268,588
General and administrative 260,315 107,228 1,972,436
Travel 51,018 53,280 242,507
Settlement expense 0 13,241,020 13,241,020
Impairment loss 0 0 16,092,870
Net operating expenses 2,115,952 16,625,196 53,543,946
Loss from operations (2,115,952) (16,625,196) (53,543,946)
Other income (expense):      
Interest income 869 776 198,624
Interest expense (364,804) (673,405) (5,924,276)
Debt conversion expense 0 0 (103,437)
Gain (loss) on sale of assets 0 7,795 (42,453)
Gain (loss) on change in fair value of warrant liability 18,428 (3,700,389) (3,674,034)
Other income 0 1,125,000 1,350,390
Income from Elle Venture 0 0 300,000
Foreign exchange gain 0 0 505
Gain on settlement of debt to related party 0 0 7,366
Total other income (expense) (345,507) (3,240,223) (7,887,315)
Loss before income taxes (2,461,459) (19,865,419) (61,431,261)
Income tax expense 0 0 0
Net loss $ (2,461,459) $ (19,865,419) $ (61,431,261)
Basic and diluted net loss per share of common stock $ 0.00 $ (0.04) $ (0.53)
Basic and diluted weighted average number of shares of common stock outstanding 618,542,673 444,262,699 116,683,766