XML 19 R11.htm IDEA: XBRL DOCUMENT

6. Related Party Transactions	3 Months Ended
Aug. 31, 2012
Notes
6. Related Party Transactions	6. RELATED PARTY TRANSACTIONS During the three month period ended August 31, 2012, the Company issued 300,000 shares (valued at $ 120,000) to its directors. The Company also paid $30,000 in compensation to its Chief Executive Officer. Also in the three month period ended August 31, 2012, the Company closed from escrow on an acquisition of a 704 acre mining claim previously owned by the Company president and his wife.

6. Related Party Transactions

3 Months Ended

Aug. 31, 2012

6. RELATED PARTY TRANSACTIONS

During the three month period ended August 31, 2012, the Company issued 300,000 shares (valued at $ 120,000) to its directors. The Company also paid $30,000 in compensation to its Chief Executive Officer.

Also in the three month period ended August 31, 2012, the Company closed from escrow on an acquisition of a 704 acre mining claim previously owned by the Company president and his wife.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References+ Details