ACCRUED LIABILITIES IN SAUDI ARABIA

12 Months Ended

Dec. 31, 2011

ACCRUED LIABILITIES IN SAUDI ARABIA [Abstract]

ACCRUED LIABILITIES IN SAUDI ARABIA

NOTE 12 – ACCRUED LIABILITIES IN SAUDI ARABIA

After the contribution of the Company's mining properties to AMAK as discussed in Note 8, the Company closed the branch office in Saudi Arabia, started the legal process of terminating employees located there, and has begun to pay termination benefits and other liabilities.  Accrued liabilities in Saudi Arabia at December 31 are summarized as follows:

	2011		2010
Salaries	$	--	$	20,798
Termination benefits		42,878		66,942
Other liabilities		96,853		96,853
Total	$	139,731	$	184,593