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Statement of Operations (USD $)	3 Months Ended		9 Months Ended		185 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011
Income earned during the development stage:
Sales of gold	$ 0	$ 5,343	$ 0	$ 11,410	$ 437,122
Sales of concentrate	0	0	0	0	601,168
Drilling and exploration contract income	456,409	120,255	863,745	132,340	1,223,660
Joint venture management fee income	24,583	0	56,320	0	56,320
Engineering services income	21,150	10,415	90,700	10,415	122,722
Revenues	502,142	136,013	1,010,765	154,165	2,440,992
Costs and expenses:
Direct production costs	4,591	8,571	8,398	49,491	1,327,369
Drilling and exploration contract expense	226,987	56,287	474,673	76,896	681,739
Engineering servicing expense	0	375	0	375	13,090
Management	24,121	59,205	73,004	186,231	1,902,631
Exploration	2,446	37,575	9,745	151,203	2,417,976
Gain on sale of mineral property	0	0	0	0	(90,000)
Gain on default of mineral property sale	0	0	0	(50,000)	(320,000)
Net gain on sale of equipment	0	(30,500)	(12,895)	(30,098)	(47,993)
Depreciation and amortization	30,527	13,050	64,360	46,493	794,140
General and administrative expenses	92,692	65,687	280,830	240,297	2,974,554
Total operating expenses	381,364	210,250	898,115	670,888	9,653,506
Other (income) expense:
Timber sales	0	0	0	0	(54,699)
Timber expense	0	0	0	0	14,554
Royalties and other income	(3,000)	(1,284)	(14,624)	(3,095)	(102,445)
Royalties expense	0	0	0	0	44,089
Gain on sale of marketable equity security	0	0	0	0	(92,269)
Interest income	(137)	(112)	(697)	(723)	(48,678)
Interest expense	7,943	3,366	14,119	7,593	106,006
Write-off of goodwill and investment	0	0	0	0	120,950
Total other (income) expense	4,806	1,970	(1,202)	3,775	(12,492)
Net income (loss)	115,972	(76,207)	113,852	(520,498)	(7,200,022)
Net loss attributable to non controlling interest	703	0	2,108	0	2,108
Net income (loss) attributable to The Company	116,675	(76,207)	115,960	(520,498)	(7,197,914)
Other comprehensive income (loss):
Unrealized gain (loss) on marketable equity security	627	0	(6,143)	(11,993)	9,332
Comprehensive income (loss)	$ 117,302	$ (76,207)	$ 109,817	$ (532,491)	$ (7,188,582)
Net income (loss) per common share basic and diluted				$ (0.01)	$ (0.31)
Weighted average common shares outstanding basic and diluted	45,040,662	42,703,101	45,033,174	42,020,248	22,946,664

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