v2.4.0.8
Condensed Statements of Operations (USD $)
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenue $ 32,934 $ 78,671 $ 107,943 $ 266,348
Cost of Goods Sold        
Production and amortization 42,487 52,006 107,044 172,226
Gross profit (loss) (9,553) 26,665 899 94,122
General and administrative 143,577 157,681 429,600 414,777
Executive compensation 51,000 69,000 153,000 430,000
Impairment expense 1,172,547 0 1,172,547 256,737
Total expenses 1,367,124 226,681 1,755,147 1,101,514
Net loss before other income (expense) (1,376,677) (200,016) (1,754,248) (1,007,392)
Other income (expense):        
Gain (loss) on sale of mineral properties 0 (33,530) 0 (33,530)
Gain on forgiveness of debt 0 0 0 322,731
Gain (loss) on derivative liability 0 (138,073) 0 (138,073)
Interest expense (166,164) (1,220,898) (462,203) (1,681,602)
Total other income (expense) (166,164) (1,392,501) (462,203) (1,530,474)
Net loss before income taxes (1,542,841) (1,592,517) (2,216,451) (2,537,866)
Provision for income taxes 0 0 0 0
Net loss (1,542,841) (1,592,517) (2,216,451) (2,537,866)
Other comprehensive income (expense) 12,131 0 (4,706) 8,114
Comprehensive loss $ (1,530,710) $ (1,592,517) $ (2,221,157) $ (2,529,752)
Weighted average common shares outstanding - basic and fully diluted 64,021,355 47,470,406 56,380,005 42,307,840
Net loss per common share basic and fully diluted $ (0.024) $ (0.034) $ (0.039) $ (0.060)