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5) Depository Payment Towards Acquisition of Iron Ore Mine (Details) (USD $)
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Apr. 26, 2012
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Sep. 21, 2011
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| Acquisition Costs, Cumulative | $ 2,900,000 | $ 3,250,000 |
| Security Deposit | $ 100,000 | $ 250,000 |
| Percentage of Profit to Republic of Chile | 15.00% |
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- Definition
No authoritative reference available. No definition available.
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- Definition
The capitalized costs incurred (excluded from amortization), as of the date of the balance sheet, to purchase, lease or otherwise acquire an unproved property, including costs of lease bonuses and options to purchase or lease properties, the portion of costs applicable to minerals when land including mineral rights is purchased in fee, brokers' fees, recording fees, legal costs, and other costs incurred in acquiring properties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of an asset, typically cash, provided to a counterparty to provide certain assurance of performance by the entity pursuant to the terms of a written or oral agreement, such as a lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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