XML 83 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
BALANCE SHEETS (USD $)
Jun. 30, 2013
Jun. 30, 2012
Current Assets    
Cash and Cash Equivalents $ 23,925 $ 1,694,914
Deposits 10,710 10,906
Other 28,472 34,335
Prepaid expenses 77,783 56,624
Total Current Assets 140,890 1,796,779
Property and Equipment    
Furniture and Office Equipment 34,732 34,732
Accumulated Depreciation (11,160) (4,214)
Mining Interests 2,537,549 129,119
Total Property and Equipment 2,561,121 159,637
Total Assets 2,702,011 1,956,416
Current Liabilities    
Accounts Payable 867,952 96,323
Accrued Liabilities 408,035 71,625
Total Current Liabilities 1,275,987 167,948
Total Liabilities 1,275,987 167,948
Commitments and Contingencies      
Stockholders' Equity    
Preferred Stock 0 [1] 0 [1]
Common Stock 83,992 [2] 80,711 [2]
Additional Paid-in Capital 10,383,098 7,469,219
Deficit Accumulated During the Exploration Stage (9,041,066) (5,761,462)
Total Stockholders' Equity 1,426,024 1,788,468
Total Liabilities and Stockholders' Equity $ 2,702,011 $ 1,956,416
[1] Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 and 0 shares issued and outstanding as of June 30, 2013 and June 30, 2012
[2] Common stock, $0.001 par value; 300,000,000 shares authorized; 83,991,945 and 80,710,834 shares issued and outstanding as of June 30, 2013 and June 30, 2012