Subsequent Events	12 Months Ended
Jul. 31, 2013
Subsequent Events:
Subsequent Events	6. SUBSEQUENT EVENTS Reverse Stock Split On July 12, 2013 the Board of Directors and the majority of shareholders approved a 10 old for one (1) new reverse stock split of the Company’s issued and outstanding shares of common stock. Upon effect of the reverse stock split, total issued and outstanding shares of common stock decreased from 50,444,842 to 5,044,484 shares of common stock, with a par value of $0.001. A Certificate of Amendment to effect the change of name and reverse stock split were filed with the Nevada Secretary of State on July 29, 2013, with an effective date of August 12, 2013. These amendments have been reviewed by the Financial Industry Regulatory Authority (“FINRA”) and have been approved for filing with an effective date of August 13, 2013. The reverse split and name change became effective with the Over-the-Counter Bulletin Board at the opening of trading on August 13, 2013 under the symbol “PUNLD”. The "D" was placed on the Company ticker symbol for 20 business days. The new ticker symbol is “NMEX” as of September 18, 2013. Option Agreement On August 26, 2013, the option agreement that was entered on September 14, 2012 (as amended and restated on November 15, 2012 and February 1, 2013) with AHL Holdings Ltd. and Golden Sands Exploration Inc. for the exclusive option to purchase a 80% interest in and to certain mining claims from AHL Holdings and Golden Sands, which claims form the Winnemucca Mountain Property in Humboldt, Nevada was further amended and restated. The Company is now required to pay $1,755,000 in aggregate as follows: · $50,000 on signing (the Optionors acknowledge this was paid); · a further $25,000 ($5,000 of which is a penalty payment) by November 15, 2012 (which is a firm commitment, paid); · a further $10,000 by February 1, 2013 (which is a penalty payment, paid); · a further $30,000 by April 17, 2013 (paid); · a further $20,000 on the signing of this Agreement (which is a firm commitment, paid); · a further $20,000 by January 31, 2014; · a further $50,000 by December 31, 2014; · a further $150,000 by December 31, 2015; · a further $400,000 by December 31, 2016; · a further $1,000,000 by December 31, 2017; and Issue and deliver 100,000 shares by September 30, 2012 (done); and Issue and deliver shares to the Optionor Canada as follows: · 500,000 shares by September 30, 2013; · 500,000 shares by January 31, 2014; · 500,000 shares by December 31, 2014; · 500,000 shares by December 31, 2015; and Incur exploration expense of at least $4,000,000 as follows: · incur exploration expense of at least $150,000 by July 1, 2014; · incur cumulative exploration expense of at least $250,000 by December 31, 2014; · incur cumulative exploration expense of at least $1,000,000 by December 31, 2015; · incur cumulative exploration expense of at least $2,000,000 by December 31, 2017; · incur cumulative exploration expense of at least $4,000,000 by December 31, 2017; Resignation and Appointment On September 19, 2013, the current Secretary, Ramzan Savji, resigned and a new Company Secretary, Roger Autrey, was appointed. Ramzan Savji remains as the Chief Executive Officer and a Director. Convertible Loan Agreement On August 22, 2013 the Company entered into a $50,000 Convertible Loan Agreement with an un-related party. The Loan is convertible into Units at $0.10 per Unit with each Unit consisting of one common share of the Company and ½ warrant with each full warrant exercisable for 1 year to purchase 1 common share at $0.30 per share. The Loan shall bear interest at the rate of Eight Percent (8%) per annum, payable on maturity, calculated on the principal amount of the Loan outstanding. The Company may require the Lender, at any time following the date that the closing price of the Shares as listed on a Principal Market, as quoted by Bloomberg L.P. (the “Closing Price”) has been at or above $0.40 for a period of twenty consecutive trading days, to exercise the Warrants and acquire the Shares at the Conversion Price. The Lender must exercise the Warrants in accordance with Section 2.6(e) within five (5) business days of the receipt of notice from the Company, after which time the Warrants shall be cancelled if unexercised. As used herein, “Principal Market” shall mean the OTC Bulletin Board, the Nasdaq SmallCap Market, or the American Stock Exchange. If the Common Shares are not traded on a Principal Market, the Closing Price shall mean the reported Closing Price for the Common Shares, as furnished by FINRA for the applicable periods.

Subsequent Events

12 Months Ended

Jul. 31, 2013

6. SUBSEQUENT EVENTS

Reverse Stock Split

On July 12, 2013 the Board of Directors and the majority of shareholders approved a 10 old for one (1) new reverse stock split of the Company’s issued and outstanding shares of common stock. Upon effect of the reverse stock split, total issued and outstanding shares of common stock decreased from 50,444,842 to 5,044,484 shares of common stock, with a par value of $0.001.

A Certificate of Amendment to effect the change of name and reverse stock split were filed with the Nevada Secretary of State on July 29, 2013, with an effective date of August 12, 2013.

These amendments have been reviewed by the Financial Industry Regulatory Authority (“FINRA”) and have been approved for filing with an effective date of August 13, 2013.

The reverse split and name change became effective with the Over-the-Counter Bulletin Board at the opening of trading on August 13, 2013 under the symbol “PUNLD”. The "D" was placed on the Company ticker symbol for 20 business days. The new ticker symbol is “NMEX” as of September 18, 2013.

Option Agreement

On August 26, 2013, the option agreement that was entered on September 14, 2012 (as amended and restated on November 15, 2012 and February 1, 2013) with AHL Holdings Ltd. and Golden Sands Exploration Inc. for the exclusive option to purchase a 80% interest in and to certain mining claims from AHL Holdings and Golden Sands, which claims form the Winnemucca Mountain Property in Humboldt, Nevada was further amended and restated.

The Company is now required to pay $1,755,000 in aggregate as follows:

$50,000 on signing (the Optionors acknowledge this was paid);

a further $25,000 ($5,000 of which is a penalty payment) by November 15, 2012 (which is a firm commitment, paid);

a further $10,000 by February 1, 2013 (which is a penalty payment, paid);

a further $30,000 by April 17, 2013 (paid);

a further $20,000 on the signing of this Agreement (which is a firm commitment, paid);

a further $20,000 by January 31, 2014;

a further $50,000 by December 31, 2014;

a further $150,000 by December 31, 2015;

a further $400,000 by December 31, 2016;

a further $1,000,000 by December 31, 2017; and

Issue and deliver 100,000 shares by September 30, 2012 (done); and Issue and deliver shares to the Optionor Canada as follows:

500,000 shares by September 30, 2013;

500,000 shares by January 31, 2014;

500,000 shares by December 31, 2014;

500,000 shares by December 31, 2015; and

Incur exploration expense of at least $4,000,000 as follows:

incur exploration expense of at least $150,000 by July 1, 2014;

incur cumulative exploration expense of at least $250,000 by December 31, 2014;

incur cumulative exploration expense of at least $1,000,000 by December 31, 2015;

incur cumulative exploration expense of at least $2,000,000 by December 31, 2017;

incur cumulative exploration expense of at least $4,000,000 by December 31, 2017;

Resignation and Appointment

On September 19, 2013, the current Secretary, Ramzan Savji, resigned and a new Company Secretary, Roger Autrey, was appointed. Ramzan Savji remains as the Chief Executive Officer and a Director.

Convertible Loan Agreement

On August 22, 2013 the Company entered into a $50,000 Convertible Loan Agreement with an un-related party. The Loan is convertible into Units at $0.10 per Unit with each Unit consisting of one common share of the Company and ½ warrant with each full warrant exercisable for 1 year to purchase 1 common share at $0.30 per share. The Loan shall bear interest at the rate of Eight Percent (8%) per annum, payable on maturity, calculated on the principal amount of the Loan outstanding.

The Company may require the Lender, at any time following the date that the closing price of the Shares as listed on a Principal Market, as quoted by Bloomberg L.P. (the “Closing Price”) has been at or above $0.40 for a period of twenty consecutive trading days, to exercise the Warrants and acquire the Shares at the Conversion Price. The Lender must exercise the Warrants in accordance with Section 2.6(e) within five (5) business days of the receipt of notice from the Company, after which time the Warrants shall be cancelled if unexercised. As used herein, “Principal Market” shall mean the OTC Bulletin Board, the Nasdaq SmallCap Market, or the American Stock Exchange. If the Common Shares are not traded on a Principal Market, the Closing Price shall mean the reported Closing Price for the Common Shares, as furnished by FINRA for the applicable periods.