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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:  
Cash$ 17,739$ 0
Accounts Receivable, net59,54655,998
Notes Receivable - Related Parties499,536583,398
Interest Receivable - Related Parties75,79762,994
Notes Receivable1,625,0000
Interest Receivable171,526151,868
Total Current Assets2,449,144854,258
OTHER ASSETS:  
Mining Lease Rights1,529,5361,525,000
Deposits011,500
Deferred Charges9,6200
Goodwill1,228,8561,228,856
TOTAL ASSETS5,217,1563,619,614
CURRENT LIABILITIES:  
Bank Overdraft045,654
Accounts Payable528,368460,170
Accrued Payroll and Payroll Taxes13,91933,252
Other Accrued Liabilities1,8861,639
Dividends Payable33,75033,750
Notes Payable, net of discount743,462110,721
Notes Payable - Related Parties1,821,064534,375
Accrued Interest19,04912,980
Accrued Interest - Related Parties384,240324,308
Stock Subscription Payable6,2400
Total Current Liabilities3,551,9781,556,849
TOTAL LIABILITIES3,551,9781,556,849
STOCKHOLDERS' EQUITY  
Preferred stock, Class B - $0.001 par value, 300,000 shares designated, 70,000 issued and outstanding as of September 30, 2011 and December 31, 20107070
Common stock - $0.001 par value, 100,000,000 shares authorized, 88,919,076 and 84,776,718 issued and outstanding as of September 30, 2011 and December 31, 201088,91984,777
Additional Paid-in Capital8,972,1228,307,874
Stock Subscription Receivable(89,904)(89,904)
Retained Deficit(7,306,029)(6,240,052)
TOTAL STOCKHOLDERS' EQUITY1,665,1782,062,765
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$ 5,217,156$ 3,619,614