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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 128 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
REVENUE:      
Royalties $ 8,308 $ 14,748 $ 159,612
OPERATING EXPENSES:      
General and administrative 975,401 778,890 33,916,658
Technical services and exploration 795,824 530,071 31,600,309
Depreciation 234,903 244,396 5,659,640
Legal, accounting, and consulting 106,139 125,409 4,770,678
Fees, filing, and licenses 50,686 51,791 2,796,015
Impairment of mineral properties     504,492
Total operating expenses 2,162,953 1,730,557 79,247,792
LOSS FROM OPERATIONS (2,154,645) (1,715,809) (79,088,180)
OTHER INCOME:      
Gain from warrant derivatives 0 336,920 476,381
Gain on sale of available-for-sale securities     2,005,904
Interest income, net 7,567 19,305 3,270,401
Total other income 7,567 356,225 5,752,686
NET LOSS $ (2,147,078) $ (1,359,584) $ (73,335,494)
NET LOSS PER SHARE (basic and diluted) (in dollars per share) $ (0.07) $ (0.05)  
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (basic and diluted) 28,999,752 28,849,000