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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended 143 Months Ended
Jul. 31, 2013
Jul. 31, 2012
Jul. 31, 2013
Cash flows from operating activities:      
Net loss $ (1,027,717) $ (1,007,454) $ (65,103,763)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 16,454 23,353 937,594
Amortization of deferred financing charges 0 0 542,716
Amortization of discount on convertible promissory notes 0 0 3,632,995
Mineral claim costs 0 0 343,085
Impairment loss 0 0 16,092,870
Expenses capitalized to debt 0 0 730,174
(Gain) loss on sale of fixed assets 0 12,119 54,572
(Gain) loss on change in fair value of warrant liability 19,222 15,242 3,654,420
Share based compensation 47,828 25,999 4,585,757
Share and warrant based payments 0 0 13,795,973
Common shares issued for third party services 0 0 91,140
Non-cash other income from sale of mineral claims 0 0 (1,000,000)
Interest paid through issuance of debt 0 0 282,569
Changes in assets and liabilities:      
Prepaid expenses and supplies 2,070 1,508 35,855
Other current assets 0 0 (7,875)
Other assets 0 3,000 (25,000)
Certificate of deposit 0 0 (11,435)
Accounts payable and accrued expenses 77,615 95,056 223,078
Accrued wages related parties 35,500 38,250 312,492
Accrued interest 238,078 216,733 1,618,896
Cash flows from operating activities: (590,950) (576,194) (19,213,887)
Cash flows from investing activities:      
Proceeds from the sale of fixed assets 0 0 407,327
Proceeds from redemption of certificate of deposit 0 0 216,232
Purchase of certificate of deposit 0 0 (204,797)
Purchase of equipment (1,418) 0 (1,186,111)
Net cash used in investing activities (1,418) 0 (767,349)
Cash flows from financing activities:      
Principal activity on long-term debt (2,485) (2,260) (507,431)
Principal activity on capital lease obligation 0 0 (39,298)
Principal activity on convertible promissory notes 0 0 (286,227)
Proceeds from the issuance of common stock, net of expenses 672,043 632,884 15,037,802
Proceeds from the sale of convertible promissory notes 0 0 5,772,371
Proceeds from the long-term debt 0 0 198,925
Net cash provided by financing activities 669,558 630,624 20,176,142
Increase (decrease) in cash 77,190 54,430 194,906
Cash, beginning of period 117,716 155,869 0
Cash, end of period 194,906 210,299 194,906
Income tax paid 0 0 0
Interest paid during the period 777 1,077 208,862
Non- Cash Investing and Financing Activities:      
Stock subscription receivable $ 25,000 $ 0 $ 0