Subsequent Events

3 Months Ended

Dec. 31, 2012

Subsequent Events [Abstract]

Subsequent Events

9. Subsequent Events:

Subsequent to December 31, 2012, the Company has drawn down an additional amount under the Draw Down Facility with Seagel Investment Ltd. in the amount of $50,000.

The Draw Down facility was secured until such time as the Company became public or debt is converted to equity. The Company's shares first trade was January 11, 2013.

Subsequent to December 31, 2012 the Company entered in consulting agreements which required the issuance of shares as part of the consideration. The Company has issued a total of 550,000 common shares to satisfy the terms of these contracts. The value of the share-based considerations will be amortized over the term of the respective agreements as services are performed

On February 4, 2013 the Company made its first shipment of mineralized material for refining.