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Statement of Operations (USD $)
 3 Months Ended 6 Months Ended 191 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Income earned during the development stage:          
Sales of gold $ 0 $ 0 $ 0 $ 0 $ 437,122
Sales of concentrate 0 0 0 0 601,168
Drilling and exploration contract income 356,040 223,501 769,084 407,336 2,371,344
Joint venture management fee income 17,784 17,702 41,025 31,737 120,057
Mill processing fee income 1,029 0 1,029 0 1,029
Engineering services income 28,800 36,850 68,700 69,550 232,522
Total income earned during the development stage 403,653 278,053 879,838 508,623 3,763,242
Costs and expenses:          
Direct production costs 4,754 3,263 7,824 3,806 1,341,032
Drilling and exploration contract expense 117,874 138,689 347,760 247,686 1,197,305
Engineering servicing expense 9,750 0 19,500 0 71,591
Management 10,288 24,655 22,731 48,883 1,939,270
Exploration 330 4,486 914 7,299 2,419,995
Net loss (gain) on sale of or default on mineral property 0 0 0 0 (281,398)
Net gain on sale of equipment 0 0 0 (12,895) (47,993)
Depreciation and amortization 32,918 19,146 63,923 33,833 887,636
General and administrative expenses 64,481 85,873 176,227 188,138 3,261,243
Total operating expenses 240,395 276,112 638,879 516,750 10,788,681
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) (3,012) (6,000) (11,624) (111,445)
Royalties expense 0 0 0 0 44,089
Gain on sale of marketable equity security 0 0 0 0 (92,269)
Interest income (71) (202) (288) (560) (49,189)
Interest expense 0 4,654 0 6,176 91,887
Write off of goodwill and investment 0 0 0 0 120,950
Equity in loss of Golden Chest LLC 310,853 0 714,793 0 714,793
Total other (income) expense 307,782 1,440 708,505 (6,008) 678,671
Net income (loss) (144,524) 501 (467,546) (2,119) (7,704,110)
Net loss attributable to noncontrolling interest-Mill JV 1,196 709 1,899 1,405 4,709
Net income (loss) attributable to the Company (143,328) 1,210 (465,647) (714) (7,699,401)
Other comprehensive income (loss):          
Unrealized gain (loss) on marketable equity security 14,701 2,902 14,508 (6,770) 29,983
Comprehensive income (loss) attributable to the Company $ (128,627) $ 4,112 $ (451,139) $ (7,484) $ (7,669,418)
Net income (loss) per common share basic and diluted       $ (0.01)    $ (0.32)
Weighted average common shares outstanding basic and diluted 45,305,862 45,040,662 45,305,862 45,029,326 24,024,592