CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended		30 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011
Cash flows from operating activities:
Net loss	$ (3,670,212)	$ (2,013,747)	$ (15,204,081)
Adjustments to reconcile net loss to net cash used in operations:
Depreciation	120,506	72,510	407,098
Amortization of deferred financing costs	9,183	0	12,244
Amortization of discount - PIK Notes	0	2,194	367,534
Issuance of PIK Notes in payment of interest	221,881	117,552	742,867
Stock issued for director and consulting services	91,294	15,000	173,623
Fair value of warrants and options issued to consultants and directors	937,474	96,893	1,673,377
Loss on revaluation of stock awards	98,000	36,000	270,500
Gain on stock award forfeiture	0	(145,000)	(145,000)
Gain on disposition of assets	(1,000)	0	(4,523)
Loss on impairment of assets	0	2,270	62,019
(Increase) Decrease in:
Accounts receivable	40,240	(3,750)	(20,991)
Mining supplies inventory	3,503	(22,444)	0
Deposits and prepaids	(27,210)	25,994	76,358
Accounts payable and accrued expenses	26,878	181,337	198,058
Net cash used by discontinued operations	3,710	3,825	608,401
Net cash used by operating activities	(2,145,753)	(1,631,366)	(10,782,516)
Cash flows from investing activities:
Purchases of land improvements	0	0	(72,923)
Purchases of equipment and vehicles	(154,252)	(55,014)	(336,936)
Proceeds from sale of assets	1,000	100,000	151,000
Net cash provided by discontinued operations	0	0	434,670
Net cash provided by investing activities	(153,252)	44,986	175,811
Cash flows from financing activities:
Payments on notes payable	(126,212)	(62,214)	(438,833)
Payments on leases payable	(92,190)	(26,159)	(345,228)
Proceeds from insurance settlement	0	0	115,000
Proceeds from notes payable	0	0	124,129
Proceeds from PIK notes payable	0	1,500,000	9,600,000
Proceeds from sale of common stock	4,385,000	0	4,385,000
Payments for legal settlement	0	(170,000)	(170,000)
Net cash used by discontinued operations	0	(8,928)	(56,431)
Net cash provided by financing activities	4,166,598	1,232,699	13,213,637
Net increase (decrease) in cash	1,867,593	(353,681)	2,606,932
Cash and cash equivalents at beginning of period	1,642,340	1,584,866	903,001
Cash and cash equivalents at end of period	3,509,933	1,231,185	3,509,933
Cash Paid For:
Interest	28,602	16,322	57,082
Income Taxes	160	0	710
Supplemental Disclosure of Non-Cash Investing and Financing Activities:
Conversion of debt and accrued interest to common stock	1,587,638	2,343,922	8,141,059
Equipment financed on lease	$ 0	$ 197,000	$ 197,000