2.4.0.8000200 - Disclosure - Note 2 - Significant Accounting Policies: Fair Value of Financial Instruments (Policies)truefalsefalse1false falsefalseD120701_130630http://www.sec.gov/CIK0001407583duration2012-07-01T00:00:002013-06-30T00:00:001true 1us-gaap_PolicyTextBlockAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Policies2false 2us-gaap_FairValueMeasurementPolicyPolicyTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00f. Fair value of financial instruments   The Company adopted FASB ASC 820-10-50, Fair Value Measurements. This guidance defines fair value, establishes a three-level valuation hierarchy for disclosures of fair value measurement and enhances disclosure requirements for fair value measures. The three levels are defined as follows:   <div align="center"> <table border="0" cellspacing="0" cellpadding="0" width="100%" style='width:100.0%'> <tr align="left"> <td width="41" valign="top" style='width:31.1pt;padding:0'>   </td> <td width="15" valign="top" style='width:11.1pt;padding:0'> </td> <td valign="top" style='padding:0'> Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. </td> </tr> <tr align="left"> <td width="41" valign="top" style='width:31.1pt;padding:0'>   </td> <td width="15" valign="top" style='width:11.1pt;padding:0'>   </td> <td valign="top" style='padding:0'>   </td> </tr> <tr align="left"> <td width="41" valign="top" style='width:31.1pt;padding:0'>   </td> <td width="15" valign="top" style='width:11.1pt;padding:0'> </td> <td valign="top" style='padding:0'> Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. </td> </tr> <tr align="left"> <td width="41" valign="top" style='width:31.1pt;padding:0'>   </td> <td width="15" valign="top" style='width:11.1pt;padding:0'>   </td> <td valign="top" style='padding:0'>   </td> </tr> <tr align="left"> <td width="41" valign="top" style='width:31.1pt;padding:0'>   </td> <td width="15" valign="top" style='width:11.1pt;padding:0'> </td> <td valign="top" style='padding:0'> Level 3 inputs to valuation methodology are unobservable and significant to the fair measurement. </td> </tr> </table> </div>   The carrying amounts reported in the balance sheet for the cash and cash equivalents, and current liabilities each qualify as financial instruments and are a reasonable estimate of fair value because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest.falsefalsefalsenonnum:textBlockItemTypenaDisclosure of accounting policy for fair value measurements of financial and non-financial assets, liabilities and instruments classified in shareholders' equity. Disclosures include, but are not limited to, how an entity that manages a group of financial assets and liabilities on the basis of its net exposure measures the fair value of those assets and liabilities.No definition available.false0Fair Value of Financial InstrumentsfalseNote 2 - Significant Accounting Policies: Fair Value of Financial Instruments (Policies)UnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.libertysilvercorp.com/20130630/role/idr_DisclosureNote2SignificantAccountingPoliciesFairValueOfFinancialInstrumentsPolicies12