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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Costs and expenses:        
General and administrative $ 685,010 $ 719,943 $ 2,034,178 $ 2,634,430
Exploration expenses 73,000 242,179 520,914 461,933
Depreciation 19,467 14,275 58,183 52,834
Gain on sale of partial interest on sale of concessions 0 0 (239,515) (2,724,793)
Total costs and expenses (777,477) (976,397) (2,373,760) (424,404)
Other income and (expenses):        
Interest income 1,062 1,592 1,975 3,804
Gain (loss) on mark to market of derivative liabilities (216,097) (16,496) (150,348) (16,496)
Loss on embedded derivatives (90,001) (111,156) (1,349,261) (111,156)
Gain on insurance recovery for loss on deposit 0 0 291,280 0
Interest expense (435,938) (24,708) (1,585,099) (24,708)
Total other income and (expense) (740,974) (150,768) (2,791,453) (148,556)
Loss before benefit (provision) for income taxes (1,518,451) (1,127,165) (5,165,213) (572,960)
Benefit (provision) for income taxes:        
Current 0 0 0 0
Deferred 0 0 0 0
Total benefit (provision) for income taxes 0 0 0 0
Net loss $ (1,518,451) $ (1,127,165) $ (5,165,213) $ (572,960)
Net loss per common share -basic and diluted $ 0 $ 0 $ 0 $ 0
Weighted average number of common shares (in shares) 2,284,217,737 764,917,468 1,349,504,099 764,871,996