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Consolidated Statements of Cash Flows (USD $)
9 Months Ended 57 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net (loss) $ (934,460) $ (713,236) $ (2,196,686)
Stock based compensation expense 17,173 147,107 184,619
Accrued interest on convertible note 152,340 205,753 566,586
Issuance of common stock for services and exploration expenses 422,533    422,533
Consulting and management fees forgiven       4,500
Changes in operating assets and liabilities:      
Accounts receivable       1,510
Consumption and deferred tax receivable (39,250) (16,357) (72,828)
Prepaid expenses 15,035 (47,334) 612
Accounts payable - trade and accrued expenses (13,454) 33,987 (4,767)
CASH (USED IN) OPERATING ACTIVITIES (380,083) (390,080) (1,093,921)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Mineral interest (206,559) (103,958) (422,517)
Purchases of equipment (491)    (491)
NET CASH (USED IN) INVESTING ACTIVITIES: (207,050) (103,958) (422,517)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Issuance of common stock 740,000 250,000 1,026,500
Convertible demand promissory notes 205,000 200,000 605,000
Loan payable       300,000
Loan from shareholders       9,800
NET CASH PROVIDED BY FINANCING ACTIVITIES 945,000 450,000 1,941,300
EFFECT OF FOREIGN CHANGE RATE ON CASH 35,122 (4,409) 30,222
NET INCREASE  (DECREASE) IN CASH AND CASH EQUIVALENTS 392,989 (48,447) 455,084
CASH AND CASH EQUIVALENTS, beginning of period 62,095 202,069  
CASH AND CASH EQUIVALENTS, end of period 455,084 153,622 455,084
Supplemental disclosures of cash flow information:      
Interest paid       1,665
Taxes paid         
Non-cash investing and financing activities:      
Common stock issued to First Majestic Silver Corp related to Mining Option Agreement       3,400,000
Common stock issued to Yale Resources Ltd  related to Mining Option Agreement       232,000
Common stock issued for the conversion of demand promissory notes $ 605,000    $ 905,000