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Consolidated Statements of Cash Flows (USD $)
12 Months Ended 195 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Net loss for the period $ (4,627,338) $ (2,302,083) $ (22,400,600)
Adjustments to reconcile net loss to cash used in operating activities      
Depreciation and amortization 27,897 17,738 145,126
stock compensation expense on stock option grants 393,557   1,568,352
imputed interest on loan payable - related parties     1,560
write-off of mineral property assets 67,357   240,338
adjustment for spin-off of Aurora Metals (BVI) Limited     316,498
loss on disposal of subsidiary 2,757,511   2,757,511
realized loss on investments     37,971
gain on sale of rights to Matupa agreement (net)     (80,237)
realized loss on debt extinguishment     1,014,465
foreign exchange (gain) loss related to notes payable     (24,534)
Change in operating assets and liabilities      
Decrease (Increase) in receivables and other assets     (206,978)
(Increase) decrease in prepaid expenses and other Assets 20,344 54,449 (20,459)
Increase (decrease) in accounts payable and accrued expenses (including related party) 55,343 (403,216) 1,107,051
Net Cash Used in Operating Activities (1,062,075) (2,423,112) (14,307,979)
Effect of exchange rate changes on Cash (3,790) (6,633) 191,164
(Decrease) Increase in Cash (341,765) 22,234 237,426
Cash - Beginning of Period 579,191 556,957  
Cash - End of Period 237,426 579,191 237,426
Cash Flows From Investing Activities      
Purchase of equipment   (17,800) (205,348)
Proceeds on disposal of equipment     16,761
Payment for mineral property Reclamation Bonds 80,000 (325,221) (245,221)
Proceeds from disposition of marketable securities     32,850
Acquisition of mineral property costs and related Equipment   (500,000) (672,981)
Payment for incorporation cost     (11,511)
Net Cash Used in Investing Activities 80,000 (843,021) (1,085,450)
Cash Flows From Financing Activities      
Net Cash Provided by Financing Activities 644,100 3,295,000 15,439,691
Proceeds from common stock less issuance costs 507,100 3,895,000 14,044,439
Loan proceeds from related party     289,000
Net proceeds from (payments on) convertible notes and loans   (500,000) 969,252
Net proceeds from (payments on) advances payable 45,000 (50,000) 45,000
Common Stock
     
Adjustments to reconcile net loss to cash used in operating activities      
expenses satisfied with 243,254 210,000 1,202,054
Marketable securities
     
Adjustments to reconcile net loss to cash used in operating activities      
expenses satisfied with     33,903
Related Party Transactions
     
Cash Flows From Financing Activities      
Net proceeds from (payments on) advances payable $ 92,000 $ (50,000) $ 92,000