v2.4.0.8
Condensed Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Revenue $ 141,221 $ 308,770
Cost of Goods Sold    
Production and amortization 122,529 193,674
Gross profit 18,692 115,096
General and administrative 570,759 575,783
Executive compensation 204,000 481,000
Impairment expense 1,172,547 565,737
Total expenses 1,947,306 1,622,520
Net loss before other income (expense) (1,928,614) (1,507,424)
Other income (expense):    
Gain (loss) on sale of mineral properties 0 2,621
Gain on forgiveness of debt 0 322,731
Gain (loss) on derivative liability 0 (5,265)
Interest expense (738,621) (2,115,799)
Total other income (expense) (738,621) (1,795,712)
Net loss before income taxes (2,667,235) (3,303,136)
Provision for income taxes 0 0
Net loss (2,667,235) (3,303,136)
Other comprehensive income (expense) (4,706) 8,114
Comprehensive loss $ (2,671,941) $ (3,295,022)
Weighted average common shares outstanding - basic and fully diluted 63,202,455 44,476,603
Net loss per common share basic and fully diluted $ (0.04) $ (0.07)