PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Property, Plant and Equipment [Table Text Block]

		At December 31,
		2012			2011
Land	$	87,114		$	87,114
Buildings		2,071,618			2,071,618
Mine development costs – existing dumps		468,034			468,034
Mine development costs – new dumps		1,841,080			1,841,080
Asset retirement obligation		2,708,870			2,708,870
Mining and other equipment		42,457,786			43,341,482
Total	$	49,634,502		$	50,518,198
Accumulated depreciation, depletion and amortization		(6,648,074	)		(6,313,728	)
Net property and equipment	$	42,986,428		$	44,204,470