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Consolidated Balance Sheets - USD ($)
Jul. 31, 2015
Jul. 31, 2014
Current Assets    
Cash $ 2,170 $ 35,400
Prepaid expenses 2,500
Prepaid expenses 50
Total Current Assets 4,720 $ 35,400
Other Assets    
Mineral rights and properties 2,088,460 2,096,260
Advance royalty payments 20,000 20,000
Total Other Assets 2,108,460 2,116,260
TOTAL ASSETS 2,113,180 2,151,660
Current Liabilities    
Accounts payable and accrued liabilities 30,171 56,555
Current portion of property option payable 225,000 225,000
Oil & gas lease payable $ 15,882 40,000
Temporary loan 3,000
Loan - third party $ 50,990 50,990
Advances from officers 24,747 $ 24,747
Other advances 5,000
Advance - Coach Capital, LLC 30,000 $ 30,000
Convertible debt 85,000 85,000
Total Current Liabilities 466,790 515,292
Property option payable 1,444,450 1,387,500
Stockholders' Equity    
Common stock, $0.001 par value, 75,000,000 shares authorized; 16,144,484* shares issued and outstanding at July 31, 2015; 13,344,484* shares issued and outstanding at July 31, 2014 16,145 13,345
Additional paid-in-capital 1,003,130 745,930
Deficit accumulated during the development stage (817,335) (510,407)
Total Stockholders' Equity (Deficiency) 201,940 248,868
TOTAL LIABILITIES & STOCKHOLDERS' DEFICIENCY $ 2,113,180 $ 2,151,660