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PROVISION FOR INCOME TAXES (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2015
Dec. 31, 2014
Income Tax Disclosure [Abstract]    
Schedule of Components of Provision for Income Taxes

As of June 30, 2015 there is no provision for income taxes, current or deferred.

 

Net operating losses carryforward   $ 2,276,753  
Valuation allowance     (2,276,753 )
    $ -  

As of December 31, 2014, there is no provision for income taxes, current or deferred. 

 

Net operating losses   $ 2,164,429  
Temporary and permanent tax differences     (378,000 )
Valuation allowance     (1,786,429 )
    $ -  
Reconciliation of Effective Tax Rate as a Percentage of Income Before Taxes and Federal Statutory Rate

A reconciliation of the Company’s effective tax rate as a percentage of income before taxes and the statutory rate for year ended June 30, 2015 is summarized below:

 

Federal rate     34 %
State rate     -  
         
Combined Tax Rate     34 %
Valuation allowance     (34 %)
      0 %

  

A reconciliation of the Company’s effective tax rate as a percentage of income before taxes and the statutory rate for year ended December 31, 2014 is summarized below:

  

  Canada   United States
Federal rate 12.6%   34.0%
State rate -   0.0
Provincial rate 10.0   -
Mining duties 16.0   -
  38.6   34.0
Valuation allowance (38.6)%   (34.0)
  0.0%   0.0%