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3. Related Party Transactions	6 Months Ended
Jun. 30, 2014
Notes
3. Related Party Transactions	3. RELATED PARTY TRANSACTIONS Beginning in October 2012, this Company’s President and Chief Executive Officer (“CEO”) elected to defer a portion of his salary until the Company is successful in securing financing sufficient to fund future operations. An amount of $40,000 has been deferred and is recorded as related party deferred compensation at June 30, 2014. A total of $11,338 interest is payable at June 30, 2014 to the Company’s former Chief Operating Officer in connection with the settlement of notes payable in gold settled in 2011. These amounts are included in related party payable. An amount of $24,427 has been accrued for fees due to the Company’s Chief Financial Officer for services performed during the six months ended June 30, 2014. This amount is included in related party payable. A total of $87,900 had been accrued for directors’ fees at December 31, 2013. For the six months ended June 30, 2014, $59,910 has been paid and an additional $25,400 has been accrued for services performed during the period, for a total of $53,390, which is included in related party payable.

3. Related Party Transactions

6 Months Ended

Jun. 30, 2014

3. RELATED PARTY TRANSACTIONS

Beginning in October 2012, this Company’s President and Chief Executive Officer (“CEO”) elected to defer a portion of his salary until the Company is successful in securing financing sufficient to fund future operations. An amount of $40,000 has been deferred and is recorded as related party deferred compensation at June 30, 2014.

A total of $11,338 interest is payable at June 30, 2014 to the Company’s former Chief Operating Officer in connection with the settlement of notes payable in gold settled in 2011. These amounts are included in related party payable.

An amount of $24,427 has been accrued for fees due to the Company’s Chief Financial Officer for services performed during the six months ended June 30, 2014. This amount is included in related party payable.

A total of $87,900 had been accrued for directors’ fees at December 31, 2013. For the six months ended June 30, 2014, $59,910 has been paid and an additional $25,400 has been accrued for services performed during the period, for a total of $53,390, which is included in related party payable.

- 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.

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