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LKA INTERNATIONAL, INC. Consolidated Balance Sheets (Unaudited) (USD $)
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:  
Cash$ 89,478$ 20,084
Accounts receivable089,384
Prepaid expenses3,02314,341
Total Current Assets92,501123,809
FIXED ASSETS  
Land, equipment and mining claims800,351800,351
Accumulated deprecation(209,200)(183,083)
Total Fixed Assets, Net of Accumulated Depreciation591,151617,268
OTHER NON-CURRENT ASSETS  
Reclamation Bonds123,597113,120
Total Other Non-Current Assets123,597113,120
TOTAL ASSETS807,249854,197
CURRENT LIABILITIES  
Accounts Payable175,314179,923
Accounts payable - related party72,12814,247
Note payable234,000185,837
Notes payable - related party829,124744,841
Accrued interest11,1393,288
Accrued interest payable - related party296,958170,648
Accrued wages146,40661,335
Derivative liability 67,826
Total Current Liabilities1,765,0691,427,945
NON-CURRENT LIABILITIES  
Asset retirement obligation118,246115,507
Total Non-Current Liabilities118,246115,507
Total Liabilities1,883,3151,543,452
Commitments and Contingencies  
STOCKHOLDERS' EQUITY (DEFICIT)  
Preferred stock; $0.001 par value, 50,000,000 shares authorized, no shares Issued or outstanding00
Common stock, $0.001 par value, 50,000,000 shares authorized, 15,560,603 and 15,390,603 shares issued and 15,473,356 and 15,303,356 shares, outstanding, respectively15,56115,391
Additional paid-in capital8,442,4368,239,494
Treasury stock; 87,247 and 87,247 shares at cost, respectively(86,692)(86,692)
Accumulated deficit(9,447,371)(8,857,448)
Total Stockholders' Equity (Deficit)(1,076,066)(689,255)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFECIT)$ 807,249$ 854,197