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LKA INTERNATIONAL, INC. Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
REVENUES        
Sales - precious metals $ 714,990 $ 364,286 $ 1,567,261 $ 651,808
OPERATING EXPENSES        
Exploration, development and related costs 298,202 151,197 826,067 500,944
Professional fees 201,990 10,804 382,082 266,023
General and administrative 42,637 48,604 128,253 125,587
Royalty expense 37,490 17,845 83,421 34,885
Officer salaries and bonus 37,500 37,500 112,500 112,500
Total Operating Expenses 617,819 265,950 1,532,323 1,039,939
OPERATING INCOME (LOSS) 97,171 98,336 34,938 (388,131)
OTHER INCOME (EXPENSE)        
Interest expense 0 0 8 0
Interest income (20,767) (57,286) (135,935) (201,792)
Total Other Income (Expense) (20,767) (57,286) (135,927) (201,792)
NET INCOME (LOSS) $ 76,404 $ 41,050 $ (100,989) $ (589,923)
BASIC NET INCOME (LOSS) PER SHARE $ 0.00 $ 0.00 $ (0.01) $ (0.04)
BASIC WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING 16,554,929 15,472,777 16,415,223 15,490,530
DILUTED NET INCOME (LOSS) PER COMMON SHARE $ 0.00 $ 0.00    
DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING 19,038,929 17,756,777