STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended		67 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012
Comprehensive loss	$ (1,630,584)	$ (727,228)	$ (9,657,573)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Financing costs associated with valuation of warrants	781,968	77,291	3,170,319
Valuation from stock option issuance	139,682	200,051	1,066,164
Shares issued in to settle contractual obligation			416,000
Depreciation expense	1,737		5,951
Changes in operating assets and liabilities
(Increase) in prepaid expenses	(146,409)	(34,151)	(203,033)
(Increase) in deposit	(315)		(11,221)
(Increase) in other assets	(28,887)		(63,222)
Increase (decrease) in accounts payable	(36,689)	(6,192)	59,634
Increase (decrease) in accrued expenses	26,455	(1,137)	98,080
Net cash used in operating activities	(893,042)	(491,366)	(5,118,901)
Cash flows from investing activities:
Cash used for furniture and equipment			(34,732)
Cash paid for mining interest		(29,765)	(129,119)
Net cash used in investing activities		(29,765)	(163,851)
Cash flows from financing activities:
Proceeds from related party note			150,000
Payments on related party note			(150,000)
Proceeds from issuance of common stock	75,000	688,639	6,362,387
Issue cost	(2,308)		(205,071)
Net cash provided by financing activities	72,692	688,639	6,157,316
Increase (decrease) in cash and cash equivalents	(820,350)	167,508	874,564
Initial cash and cash equivalents	1,694,914	16,723
Final cash and cash equivalents	874,564	184,231	874,564
Supplement Disclosures:
Cash paid for interest	$ 81	$ 97	$ 484