CAPITALIZED ACQUISITION COSTS (Details) (USD $)
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3 Months Ended | 9 Months Ended | 424 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2013
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Sep. 30, 2012
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Sep. 30, 2013
|
Sep. 30, 2012
|
Sep. 30, 2013
|
Sep. 30, 2013
Livengood Gold Project
Alaska Mental Health Trust mineral rights
|
Sep. 30, 2013
Livengood Gold Project
Alaska Mental Health Trust mineral rights
Production royalty
Minimum
|
Sep. 30, 2013
Livengood Gold Project
Alaska Mental Health Trust mineral rights
Production royalty
Maximum
|
Sep. 30, 2013
Livengood Gold Project
Federal unpatented lode mining
|
Sep. 30, 2013
Livengood Gold Project
Federal unpatented lode mining
Advance royalties
Minimum
|
Sep. 30, 2013
Livengood Gold Project
Federal unpatented lode mining
Production royalty
|
Sep. 30, 2013
Livengood Gold Project
Federal unpatented lode mining
Production royalty
Minimum
|
Sep. 30, 2013
Livengood Gold Project
Federal unpatented lode mining
Production royalty
Maximum
|
Sep. 30, 2013
Livengood Gold Project
Patented lode claims
|
Sep. 30, 2013
Livengood Gold Project
Patented lode claims
Advance royalties
Minimum
|
Sep. 30, 2013
Livengood Gold Project
Patented lode claims
Production royalty
|
Sep. 30, 2013
Livengood Gold Project
Unpatented federal lode mining and federal unpatented placer claims
|
Sep. 30, 2013
Livengood Gold Project
Unpatented federal lode mining and federal unpatented placer claims
Maximum
|
Sep. 30, 2013
Livengood Gold Project
Unpatented federal lode mining and federal unpatented placer claims
Advance royalties
Minimum
|
Sep. 30, 2013
Livengood Gold Project
Unpatented federal lode mining and federal unpatented placer claims
Production royalty
|
Dec. 31, 2011
Livengood Gold Project
Unpatented federal lode mining and federal unpatented placer claims
Production royalty
Minimum
|
Dec. 31, 2011
Livengood Gold Project
Unpatented federal lode mining and federal unpatented placer claims
Production royalty
Maximum
|
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Capitalized acquisition costs | ||||||||||||||||||||||
Balance, at the beginning of the period | $ 55,173,564 | |||||||||||||||||||||
Balance, at the end of the period | 55,173,564 | 55,173,564 | 55,173,564 | |||||||||||||||||||
Exploration costs: | ||||||||||||||||||||||
Aircraft services | 62,915 | 1,844,776 | ||||||||||||||||||||
Assay | 10,924 | 777,004 | ||||||||||||||||||||
Drilling | (28,714) | 8,378,230 | ||||||||||||||||||||
Environmental | 1,776,134 | 2,874,513 | ||||||||||||||||||||
Equipment rental | 332,193 | 1,309,746 | ||||||||||||||||||||
Field costs | 752,928 | 6,017,737 | ||||||||||||||||||||
Geological/geophysical | 3,253,822 | 8,362,518 | ||||||||||||||||||||
Land maintenance & tenure | 414,351 | 354,708 | ||||||||||||||||||||
Legal | 170,756 | 286,396 | ||||||||||||||||||||
Surveying and mapping | 74,084 | 145,967 | ||||||||||||||||||||
Transportation and travel | 48,833 | 50,550 | ||||||||||||||||||||
Total expenditures for the period | 1,621,127 | 13,447,132 | 6,868,226 | 30,402,145 | 150,897,275 | |||||||||||||||||
Exploration And Evaluation Expenditures | ||||||||||||||||||||||
Term of lease | 19 years | |||||||||||||||||||||
Flat annual fee (as a percent) | 125.00% | |||||||||||||||||||||
Lease expenditures, additional disclosures | ||||||||||||||||||||||
Initial lease term | 10 years | 10 years | 10 years | |||||||||||||||||||
NSR, based on price of gold, payable (as a percent) | 2.50% | 5.00% | 2.00% | 3.00% | 0.50% | 1.00% | ||||||||||||||||
NSR payable (as a percent) | 3.00% | 2.00% | ||||||||||||||||||||
Expenditure since inception of lease | 1,326,363 | 480,000 | 95,000 | 68,000 | ||||||||||||||||||
Lease expenditure due on or before each anniversary date of lease | 50,000 | 20,000 | 15,000 | |||||||||||||||||||
Royalty to be purchased by the entity (as a percent) | 1.00% | |||||||||||||||||||||
Purchase price payable for a portion of royalty | 1,000,000 | 1,000,000 | ||||||||||||||||||||
Lease expenditure due on or before each subsequent anniversary date of lease | 25,000 | |||||||||||||||||||||
Purchase price payable for purchase of all interests of the lessors in the leased property | 1,000,000 | |||||||||||||||||||||
Portion of purchase price for purchase of all interests of the lessors in the leased property, payable in cash | 500,000 | |||||||||||||||||||||
Period over which the cash purchase price for purchase of all interests of the lessors in the leased property is payable | 4 years | |||||||||||||||||||||
Balance of purchase price for purchase of all interests of the lessors in the leased property, payable by way of NSR production royalty | 500,000 | |||||||||||||||||||||
NSR production royalty base for payments for acquisition of mining interest (as a percent) | 3.00% | |||||||||||||||||||||
Amount payable to lessor on positive production decision | 250,000 | |||||||||||||||||||||
Portion of amount payable to lessor on positive production decision | 125,000 | |||||||||||||||||||||
Balance amount payable to lessor on positive production decision | $ 125,000 | |||||||||||||||||||||
Prescribed period for payment of the first half portion to lessor on positive production decision | 120 days |