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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended 212 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Cash Flows From Operating Activities      
Net loss for the period $ (1,512,533) $ (496,232) $ (25,113,507)
Adjustments to reconcile net loss to cash used in operating activities      
Depreciation and amortization 13,465    163,720
Stock compensation expense on stock option grants    55,660 1,624,012
Expenses satisfied with issuance of common stock       1,202,054
Expenses satisfied with transfer of marketable securities       33,903
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)
(Gain) loss on extinguishment of liabilities       919,605
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 (97,324)    (185,693)
Increase (decrease) in accounts payable and accrued expenses (including related party) 247 126,890 1,113,311
Net Cash Used in Operating Activities (1,596,145) (313,682) (17,200,465)
Cash Flows From Investing Activities      
Purchase of equipment (274,279)    (582,672)
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 Provided by (Used in) Investing Activities (274,279)    (1,462,774)
Cash Flows From Financing Activities      
Proceeds from common stock less issuance costs    96,473 19,140,912
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 proceeds from (payments on) advances payable - related parties       92,000
Net Cash Provided by Financing Activities    96,473 20,536,164
Effect of exchange rate changes on Cash and Cash Equivalents (78,789) 1,697 141,699
(Decrease) Increase in Cash (1,949,213) (215,512) 2,014,623
Cash at Beginning of Period 3,963,836 237,426  
Cash at End of Period $ 2,014,623 $ 21,914 $ 2,014,623