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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended 219 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Cash Flows From Operating Activities      
Net loss for the period $ (3,405,489) $ (1,200,374) $ (27,006,463)
Adjustments to reconcile net loss to cash used in operating activities      
Depreciation and amortization 42,176 5,129 192,431
Stock compensation expense on stock option grants 0 55,660 1,624,012
Expenses satisfied with issuance of common stock 0 0 1,202,054
Expenses satisfied with transfer of marketable securities 0 0 33,903
Imputed interest on loan payable - related parties 0 0 1,560
Write-off of equipment 0 0 240,338
Adjustment for spin-off of Aurora Metals (BVI) Limited 0 0 316,498
Loss on disposal of subsidiary 0 0 2,757,511
Realized loss on investments 0 0 37,971
Gain on sale of rights to Matupa agreement (net) 0 0 (80,237)
(Gain) loss on extinguishment of liabilities 0 0 919,605
Foreign exchange (gain) loss related to notes payable 0 0 (24,534)
Change in operating assets and liabilities      
Decrease (increase) in receivables and other assets 0 0 (206,978)
(Increase) decrease in prepaid expenses and other assets (1,609) (67,910) (89,977)
Increase (decrease) in accounts payable and accrued expenses (including related party) (49,276) 6,013 1,063,787
Net Cash Used in Operating Activities (3,414,198) (1,296,342) (19,018,522)
Cash Flows From Investing Activities      
Purchase of equipment and land possession rights (375,115) (103,045) (683,505)
Proceeds on disposal of equipment 0 0 16,761
Payment for mineral property Reclamation Bonds 0 0 (245,221)
Proceeds from disposition of marketable securities 0 0 32,850
Acquisition of mineral property costs and related equipment 0 0 (672,981)
Payment for incorporation cost 0 0 (11,511)
Net CashProvided by (used in) Investing Activities (375,115) (103,045) (1,563,607)
Cash Flows From Financing Activities      
Proceeds from common stock less issuance costs 0 5,096,473 19,140,912
Loan proceeds from related party 0 0 289,000
Net proceeds from (payments on) convertible notes and loans 0 0 969,252
Net proceeds from (payments on) advances payable 0 0 45,000
Net proceeds from (payments on) advances payable - related parties 0 0 92,000
Net Cash Provided by Financing Activities 0 5,096,473 20,536,164
Effect of exchange rate changes on Cash and Cash Equivalents (119,362) 29,324 101,126
(Decrease) Increase in Cash (3,908,675) 3,726,410 55,161
Cash at Beginning of Period 3,963,836 237,426  
Cash at End of Period $ 55,161 $ 3,963,836 $ 55,161