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STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
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3 Months Ended | 9 Months Ended | 119 Months Ended | ||
|---|---|---|---|---|---|
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Mar. 31, 2012
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Mar. 31, 2011
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Mar. 31, 2012
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Mar. 31, 2011
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Mar. 31, 2012
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| STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS [Abstract] | |||||
| REVENUES | |||||
| EXPENSES | |||||
| Consulting and professional fees | 5,182 | 6,909 | 22,214 | 32,403 | 1,891,186 |
| Exploration costs | 2,449,248 | ||||
| Stock compensation expense | 381,340 | ||||
| General and administrative expenses | 3,247 | 5,847 | 8,742 | 16,301 | 1,022,524 |
| TOTAL EXPENSES | 8,429 | 12,756 | 30,956 | 48,704 | 5,744,298 |
| LOSS FROM OPERATIONS | (8,429) | (12,756) | (30,956) | (48,704) | (5,744,298) |
| OTHER INCOME (EXPENSE) | |||||
| Loss on sale of mining equipment | (177,193) | ||||
| Gain on settlement of debt | 142,442 | ||||
| Other income | 1,186 | ||||
| TOTAL OTHER INCOME (EXPENSE) | (33,565) | ||||
| LOSS BEFORE INCOME TAXES | (8,429) | (12,756) | (30,956) | (48,704) | (5,777,863) |
| INCOME TAXES | |||||
| NET LOSS AND COMPREHENSIVE LOSS | $ (8,429) | $ (12,756) | $ (30,956) | $ (48,704) | $ (5,777,863) |
| NET LOSS PER SHARE, BASIC AND DILUTED: | $ 0.0 | $ 0.0 | $ 0.0 | $ (0.01) | |
| WEIGHTED AVERAGE NUMBER OF COMMON STOCK SHARES OUTSTANDING, BASIC AND DILUTED: | 6,503,295 | 6,503,275 | 6,503,295 | 5,462,313 | |