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BALANCE SHEETS (USD $)
Sep. 30, 2012
Jun. 30, 2012
Current assets:    
Cash and cash equivalents $ 874,564 $ 1,694,914
Deposit 11,221 10,906
Other 63,222 34,335
Prepaid expenses 203,033 56,624
Total current assets 1,152,040 1,796,779
Property and equipment    
Furniture and office equipment 34,732 34,732
Accumulated depreciation (5,951) (4,214)
Mining interests 129,119 129,119
Total property and equipment 157,900 159,637
Total assets 1,309,940 1,956,416
Current liabilities:    
Accounts payable 59,634 96,323
Accrued liabilities 98,080 71,625
Total current liabilities 157,714 167,948
Total liabilities 157,714 167,948
Commitments and contingencies:      
Stockholders' Equity (Deficit):    
Common stock 80,811 [1] 80,711 [2]
Additional paid-in capital 10,934,059 9,937,509
Issue costs (205,071) (202,763)
Deficit accumulated during the development stage (9,657,573) (8,026,989)
Total stockholders' equity (deficit) 1,152,226 1,788,468
Total liabilities and stockholders' equity (deficit) $ 1,309,940 $ 1,956,416
[1] Capital stock, $0.001 par value; 200,000,000 shares authorized; 80,810,834 shares issued and outstanding as of September 30, 2012
[2] Capital stock, $0.001 par value; 200,000,000 shares authorized; 80,710,834 shares issued and outstanding as of June 30, 2012