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Subsequent Events	12 Months Ended
	Dec. 31, 2011
Subsequent Events	10. Subsequent Events In preparing these financial statements, the Company has evaluated events and transactions for potential recognition or disclosure through the date the financial statements were issued. On January 24, 2012, the Company issued 900,000 shares to Directors in lieu of executive compensation. The shares were valued at $189,000 which was market value on the day of the grant. On March 1, 2012, the Company issued 200,000 shares in relation to consulting agreements. The shares were valued at $46,000 which was market value on the day of the grant. In February of 2012, the Company sold 75% of its investment in the Poston project property for $65,000. This property accounted for approximately 33.5% of the Company’s revenues during the year ended December 31, 2011. In March of 2012, the Company issued 10,997,289 shares of common stock in conversion of $2,177,046 of convertible debt plus interest, at $0.25 per share. In March of 2012, the Company issued 187,277 shares of common stock in exchange for a note payable in the amount of $46,819.14 at $0.25 per share.

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- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

+ References

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+ Details

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