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RESTATEMENT
12 Months Ended
Oct. 31, 2013
Restated [Member]  
RESTATEMENT
(16)            RESTATEMENT

The Company's previously issued 2013 financial statements have been restated to correct an error regarding an overstatement of accounts payable and accrued expenses in the amount of $230,390. The effect of the corrections to the 2013 financial statements is detailed as follows:

   
As previously reported
Correction
Restated
 
Accounts payable and accrued expenses
 
$
402,738
   
$ 
(230,390
)
 
$
172,348
 
                         
Exploration expenses fiscal 2013
 
$
1,475,593
   
$ 
(232,885
)
 
$
1,242,708
 
                         
Exploration expenses period from inception to 10/31/2013
 
$
6,912,507
   
$ 
(232,885
)
 
$
6,679,622
 
                         
Foreign currency exchange gain fiscal 2013
 
$
598,482
   
$ 
(2,495
)
 
$
595,987
 
                         
Foreign currency exchange gain period from inception to 10/31/2013
 
$
398,730
   
$ 
(2,495
)
 
$
396,235
 
                         
Net income /(loss) effect fiscal 2013
   
(1,289,689
)
   
230,390
     
(1,059,299
)
                         
Net income /(loss) effect from inception to 10/31/2013
   
(10,669,565
)
   
230,390
     
(10,439,175
)