v2.4.0.6
Statements of Operations (USD $)
12 Months Ended 62 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
REVENUES      
Revenues $ 0 $ 0 $ 0
Total revenues 0 0 0
EXPENSES      
Office and general 283,682 261,032 642,066
Management fees 236,833 802,500 1,237,997
Professional fees 173,517 119,291 383,659
Gain on debt forgiveness 0 0 (8,000)
Exploration costs 448,610 440,894 889,504
Total expenses (1,142,642) (1,623,717) (3,145,226)
OTHER INCOME (EXPENSE)      
Interest expense (360,152) (328,347) (885,873)
Loss on extinguishment of debt (233,062) 0 (470,869)
Total other expenses (593,214) (328,347) (1,356,742)
NET LOSS $ (1,735,856) $ (1,952,064) $ (4,501,968)
BASIC LOSS PER COMMON SHARE $ (0.02) $ (0.02)  
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC 97,510,321 92,125,873