COMPLETION OF CUNLIJI MINE (TABLES)

12 Months Ended

Dec. 31, 2012

Notes to Financial Statements

Disclosure - COMPLETION OF CUNLIJI MINE

	As of December 31,
	2012		2011
Prepaid mining rights – Dayuan Gold Mine	$	6,522,948	$	6,454,355
Less: accumulated amortization		(3,266,561)		(1,174,909)
Less: foreign translation adjustment		(39,989)		(18,884)
Net book value	$	3,216,398	$	5,260,562

Prepaid operating lease expense

Years ending December 31:
2013	$	2,100,072
2014		893,591
2015		31,819
2016		31,819
2017		31,819
Thereafter		127,278
Total:	$	3,216,398