| Schedule of Derivatives |
| Derivative Type | | Balance Sheet Classification | | 2012 | | | 2011 | | Derivative assets | | | | | | | | | Gold puts | | Prepaid expenses and other current assets | | $ | 10,571 | | | $ | - | | Derivative liabilities | | | | | | | | | | | Gold calls | | Derivative liabilities | | | 227,282 | | | | - | | Gold forwards | | Derivative liabilities | | | 715,536 | | | | - | | Contingent dividend payment | | Derivative liabilities | | | 444,800 | | | | - | | Contingent dividend payment | | Derivative liability - contingent dividend payment | | | - | | | | 1,025,000 | | Total derivative liabilities | | | | $ | 1,387,618 | | | $ | 1,025,000 | |