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STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended 85 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Statement of Cash Flows      
Net Loss and Comprehensive Loss $ (2,080,409) $ (2,788,275) $ (11,121,475)
Adjustments to Reconcile Net Income (Loss) to Net Cash Used in Operating Activities:      
Valuation of Warrants     122,824
Valuation of Stock Options 1,133,141 419,046 2,618,350
Common Stock Issued to Settle Contractual Obligation     416,000
Common Stock Issued for Services     110,000
Depreciation Expense 5,210 5,210 16,370
Changes in Operating Assets and Liabilities      
(Increase) Decrease in Prepaid Expenses (77,396) (23,442) (155,179)
(Increase) Decrease in Deposit 355 (53) (10,355)
(Increase) Decrease in Other Assets 21,401 15,134 (7,071)
Increase in Accounts Payable 149,668 670,900 1,017,620
Increase in Accrued Expenses 229,493 193,971 637,528
Net Cash Used in Operating Activities (618,537) (1,507,509) (6,355,388)
Cash Flows From Investing Activities:      
Cash Used for Furniture and Equipment     (34,732)
Cash Paid for Mining Interests (13,192) (348,430) (490,741)
Net Cash Used in Investing Activities (13,192) (348,430) (525,473)
Cash Flows From Financing Activities:      
Proceeds From Related Party Note     150,000
Proceeds from Loan Payable 907,500   907,500
Proceeds From Issuance of Common Stock   318,293 6,345,684
Issue Costs   (19,862) (222,627)
Net Cash Provided by Financing Activities 907,500 298,431 7,180,557
Increase (Decrease) in Cash and Cash Equivalents 275,771 (1,557,508) 299,696
Initial Cash and Cash Equivalents 23,925 1,694,914  
Final Cash and Cash Equivalents 299,696 137,406 299,696
Supplemental Disclosures      
Cash Paid for Interest 21,291 166 21,895
Non-cash Financing Activities:      
Common Stock Issued to Settle Related Party Note     150,000
Common Stock Issued to Acquire Mining Interests   $ 2,060,000 $ 2,060,000