v2.4.0.6
Balance Sheets (USD $)
Dec. 31, 2012
Sep. 30, 2012
Sep. 30, 2011
ASSETS      
Cash $ 1,497 $ 0 $ 629,857
Prepaids and deposit 5,966 9,020 17,753
TOTAL CURRENT ASSETS 7,463 9,020 647,610
LONG TERM ASSETS      
Mineral property 2,670,500 2,670,500 2,670,500
Reclamation bond 125,108 125,108 92,876
Equipment - net 2,164 1,978 3,218
Website - net 14,128 16,562 26,297
TOTAL LONG TERM ASSETS 2,811,900 2,814,148 2,792,891
TOTAL ASSETS 2,819,363 2,823,168 3,440,501
LIABILITIES AND STOCKHOLDERS' EQUITY      
Bank overdraft 0 423 0
Accounts payable and accrued liabilities 247,809 248,957 241,637
Promissory notes, current portion 2,200,000 1,600,000 431,250
TOTAL CURRENT LIABILITIES 2,447,809 1,849,380 672,887
LONG TERM LIABILITIES      
Promissory notes, net of current portion, net of debt discount of $148,037 ($217,998 - September 30, 2012 and $777,442 - September 30, 2011) 551,963 1,082,002 1,691,308
TOTAL LONG TERM LIABILITIES 551,963 1,082,002 1,691,308
TOTAL LIABILITIES 2,995,312 2,931,382 2,364,195
STOCKHOLDERS' EQUITY      
Capital stock Authorized 500,000,000 shares of common stock, $0.001 par value, Issued and outstanding 102,512,909 shares of common stock (101,247,086 September 30, 2012 and 92,952,085 September 30, 2011) 102,513 101,247 92,951
Additional paid in capital 4,447,978 4,349,244 2,957,037
Stock payable 44,333 18,333 867,500
Accumulated deficit during exploration stage (4,775,233) (4,577,038) (2,841,182)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (180,409) (108,214) 1,076,306
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 2,819,363 $ 2,823,168 $ 3,440,501