CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS (CAD)	3 Months Ended		6 Months Ended		194 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012
Cash provided by (used in): Operating activities:
Net loss	(4,227,245)	(3,300,981)	(7,299,639)	(6,015,264)	(84,921,393)
Items not involving cash:
Depreciation	83,294	6,928	167,004	27,420	1,025,284
Stock-based compensation	450,717	210,522	1,145,824	739,479	11,747,237
Unrealized foreign exchange loss (gain)	85,000	(226,041)	2,958	(373,983)	(1,571,566)
Investment write down					130,000
Unrealized (gain) loss on investment	6,330	4,382	8,587	(1,534)	608,874
Non-cash interest expense					234,765
Loss on change in liability of warrants				592,026	1,235,700
Other current assets written off	218,044		218,044	0	218,044
Future income tax recovery	(105,871)	(661,000)	27,861	(1,034,000)	(7,684,125)
Gain on sale of subsidiary					(2,806,312)
Loss on sale of equipment					(526,149)
Gain on sale of investments					(44,077)
Mineral property interests written off					4,643,637
Mineral property interest recovery					(60,120)
Change in non-cash working capital items:
Amounts receivable	(13,429)	(35,695)	(16,355)	1,366	(29,931)
Prepaid expenses	225,173	(3,344)	(158,351)	(360,590)	(644,004)
Accounts payable and accrued liabilities	1,048,644	426,704	1,289,133	632,304	2,572,177
Net Cash Provided by (Used in) Operating Activities, Total	(2,229,343)	(3,578,525)	(4,614,934)	(5,792,776)	(75,871,959)
Investment activities:
Proceeds on sale of subsidiary					254,366
Proceeds on sale of equipment					22,820
Proceeds on sale of mineral property					1,339,002
Proceeds on sale of investments					321,852
Mineral property acquisitions		(22,262)	(618,758)	(469,063)	(22,712,448)
Deferred acquisition costs					(23,316)
Purchase of equipment	(1,732,818)	(763,329)	(2,647,064)	(954,239)	(6,157,633)
Reclamation deposit	(3,924)	348	(11,165)	(8,348)	(1,029,610)
Net Cash Provided by (Used in) Investing Activities, Total	(1,736,742)	(785,243)	(3,276,987)	(1,431,650)	(27,984,967)
Financing activities:
Advance from Red Emerald Ltd.					12,010,075
Common stock issued, net of issue costs	989,774	12,109,739	1,115,518	16,420,564	88,936,912
Promissory note					2,000,000
Repayment of promissory note					(2,000,000)
Convertible debenture					6,324,605
Net Cash Provided by (Used in) Financing Activities, Total	989,774	12,109,739	1,115,518	16,420,564	107,271,592
Effect of exchange rate changes on cash:	298,834		257,384		257,384
Increase (decrease) in cash and cash equivalents	(2,677,477)	7,745,971	(6,519,019)	9,196,138	3,672,050
Cash and cash equivalents, beginning of period	6,349,527	7,512,983	10,191,069	6,062,816
Cash and cash equivalents, end of period	3,672,050	15,258,954	3,672,050	15,258,954	3,672,050