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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Sep. 30, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 4,150,608 $ 10,170,536
Accounts receivable, net of allowance of $25,106 and $11,938 at September 30, 2012 (unaudited) and December 31, 2011, respectively 1,410 20,464
Deposits and prepaid expenses 226,290 333,447
Receivable from sales of common stock 1,625,000 0
Total Current Assets 6,003,308 10,524,447
Property and Equipment    
Land and mining property 1,109,938 664,758
Property and Equipment, net 2,050,059 1,240,418
Total Property and Equipment, Net 3,159,997 1,905,176
Other Assets    
Assets held for sale 0 445,180
Deposits 370,759 0
Total Other Assets 370,759 445,180
TOTAL ASSETS 9,534,064 12,874,803
Current Liabilities    
Accounts payable and accrued liabilities 624,761 291,142
Stock awards payable 130,000 127,000
Current portion of notes payable 223,607 165,375
Current portion of leases payable 0 10,094
Total Current Liabilities 978,368 593,611
Long-Term Liabilities    
Long-term portion of notes payable 207,132 97,769
Warrant derivative 1,135,000 3,355,000
Total Long-Term Liabilities 1,342,132 3,452,769
Total Liabilities 2,320,500 4,046,380
Commitments and Contingencies 0 0
Stockholders' Equity    
Preferred stock, $0.001 par value, 10,000,000 shares authorized, noncumulative, nonvoting, nonconvertible,none issued or outstanding 0 0
Common stock, $0.001 par value, 120,000,000 shares authorized, 90,555,887 and 89,119,405 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively 90,556 89,120
Additional paid-in capital 52,037,225 47,765,350
Accumulated deficit prior to the exploration stage (20,009,496) (20,009,496)
Accumulated deficit during the exploration stage (24,904,721) (19,016,551)
Total Stockholders' Equity 7,213,564 8,828,423
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 9,534,064 $ 12,874,803