CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)	3 Months Ended		23 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (3,327,740)	$ (2,469,335)	$ (86,116,626)
Adjustments to reconcile net loss to net cash used in operating activities:
Services paid for with securities	167,007	479,999	2,547,091
Derivative expense		(2,621,073)	54,765,601
Loss on debt extinguishment		2,000,000	2,000,000
Amorization of debt discount		230,169
Amortization of deferred financing costs		10,880
Stock Based Compensation	444,114		10,162,070
Interest expense			2,059,190
Depreciation	7,675	517	13,668
Changes in assets and liabilities:
Accounts receivable			(673)
Other current assets	(63,660)	(656,262)	(391,535)
Deposits			(79,912)
Accounts payable	434,181	34,916	1,106,376
Accrued liabilities	258,260	231,477	642,844
Net cash used in operating activities	(2,080,163)	(2,758,712)	(13,291,906)
CASH FLOWS FROM INVESTING ACTIVITIES:
Mineral properties	(3,787,407)	(8,500)	(5,784,465)
Acquisition of equipment	(149,635)	(6,643)	(238,144)
Non-controlling interest acquisition	(5,000,000)		(5,500,000)
Net cash used in investing activities	(8,937,042)	(15,143)	(11,522,609)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from stock committed not yet issued	1,000,004		1,000,004
Proceeds from convertible notes		2,500,000	9,048,863
Merkin note amendment			(2,000,000)
Proceeds from common stock issued			18,048,655
Net cash provided by financing activities	1,000,004	2,500,000	26,097,522
Net increase (decrease) in cash	(10,017,201)	(273,855)	1,283,007
Cash and cash equivalents - beginning of period	11,300,208
Cash and cash equivalents - end of period		(273,855)
Cash paid for interest	0
Supplemental disclosure of non-cash transactions
Convertible notes and accrued interest converted into shares of common stock			(9,492,918)
Common stock attributable to reverse merger			1,735
Fair value of land contributed by non-controlling interest			(11,000,000)
Note receivable in exchange for shares of common stock			(750,000)
Warrants issued and recorded as deferred financing costs			(42,600)
Grandhaven Option, net of $25,000 receivable			4,035,635
Development activities accrued in accounts payable	3,282,080		3,282,080
Non-controlling interest acquisition	$ 500,000