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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended 197 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Cash Flows From Operating Activities      
Net loss for the period $ (245,810) $ (384,701) $ (22,646,410)
Adjustments to reconcile net loss to cash used in operating activities      
Depreciation and amortization   5,101 145,126
Stock compensation expense on stock option grants 43,681   1,612,033
Imputed interest on loan payable - related parties     1,560
Write-off of mineral property assets     240,338
Adjustment for spin-off of Aurora Metals (BVI) Limited     316,498
Loss on disposal of subsidiary     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   (22,720) (20,459)
Increase (decrease) in accounts payable and accrued expenses (including related party) 30,159 (41,938) 1,137,210
Net Cash Used in Operating Activities (171,970) (444,258) (14,479,949)
Cash Flows From Investing Activities      
Purchase of equipment     (205,348)
Proceeds on disposal of equipment     16,761
Payment for mineral property Reclamation Bonds     (245,221)
Proceeds from disposition of marketable securities     32,850
Acquisition of mineral property costs and related equipment     (672,981)
Payment for incorporation cost     (11,511)
Net Cash Used in Investing Activities     (1,085,450)
Cash Flows From Financing Activities      
Proceeds from common stock less issuance costs 17,513   14,061,952
Loan proceeds from related party     289,000
Net proceeds from (payments on) convertible notes and loans     969,252
Net proceeds from (payments on) advances payable     45,000
Net Cash Provided by Financing Activities 17,513   15,457,204
Effect of Exchange Rate Changes on Cash (1,141) 319 190,023
(Decrease) Increase in Cash (155,598) (443,939) 81,828
Cash at Beginning of Period 237,426 579,191  
Cash at End of Period 81,828 135,252 81,828
Common Stock
     
Adjustments to reconcile net loss to cash used in operating activities      
Expenses satisfied with     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