v2.4.0.6
Consolidated Statements of Operations (USD $)
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
OPERATING EXPENSES:    
General and administrative $ 736,989 $ 686,662
Total operating expenses 736,989 686,662
Loss from operations (736,989) (686,662)
OTHER INCOME AND EXPENSES:    
Other income 6,000 32,000
Gain (Loss) on beneficial conversion 34,648 (27,945)
Interest expense, net (51,159) (63,841)
Loan fees (85,880)  
Amortization of debt discount (74,833) (22,055)
Loss on sale of mineral rights (3,888)  
Expiration of mineral rights   (600,000)
Total other income and expenses (175,112) (681,841)
Loss before discontinued operations (912,101) (1,368,503)
Loss from discontinued operations (67,178) (191,025)
Loss applicable to common shareholders $ (979,279) $ (1,559,528)
Basic loss per common share (in dollars per share)   $ (0.67)
Weighted average common shares (in shares) 17,332,447 2,147,223
Diluted loss per common share (in dollars per share)      
Fully diluted common shares (in shares) 24,124,709 2,532,692