Liquidity	9 Months Ended
Sep. 30, 2015
Cash and Cash Equivalents [Abstract]
Liquidity	2. LIQUIDITY At September 30, 2015, our cash balance was $3,835,923 as compared with $5,570,375 as of December 31, 2014, which represents a decrease of $1,734,452. The Company expects that its existing cash balances will provide it the necessary liquidity to fund its current operations through the end of 2015. Included in the analysis of the Company’s ability to maintain sufficient liquidity through year end is the remaining anticipated costs associated with the Merger (defined below) with Anatolia Energy Limited (“Anatolia”). Following completion of the Merger, the Company will need to raise additional funding in the fourth quarter. The Company also continues to look for ways to reduce its monthly cash expenditures at its current operations and to explore opportunities to raise additional funds or further monetize its non-core assets. On June 3, 2015, the Company entered into a binding Scheme Implementation Agreement (the “Transaction Agreement”) to acquire all of the issued and outstanding securities in Anatolia through the issuance of new securities in the Company by way of court-sanctioned schemes of arrangement under the Australian Corporations Act 2001 (the “Merger”). Upon closing of the Merger on November 9, 2015, eligible Anatolia shareholders received 0.06579 shares of the Company’s common stock for every one share of Anatolia they owned. On November 9, 2015, the Company entered into a binding letter of intent with Laramide Resources for the sale of the Churchrock and Crownpoint properties in New Mexico. As discussed in Note 13, the Company would receive $5,250,000 in cash upon closing and a note receivable in the amount of $7,250,000 payable in three equal installments over a period of three years. The Company ceased uranium production activities in 2009 due to sustained low uranium prices and does not anticipate receiving significant sales revenue and related cash inflows for 2015. Since ceasing production, the Company has primarily financed its operations through equity and debt financings. The Company has been successful at raising capital in the past, most recently with the completion of a registered direct offering on March 6, 2015 for net proceeds of $5,377,350. In addition, the Company was able to successfully raise capital in 2013 and 2014 through debt and equity fundraising efforts. Specifically, the completion of a registered direct offering in February 2014 for net proceeds of $9,307,245 as well as procuring a convertible secured debt facility in November 2013 that provided the Company with $8,000,000 in cash, which debt matures in December 2016. The Company also has an existing ATM Sales Agreement that allows the Company to sell from time-to-time, shares of its common stock in at-the-market offerings having an aggregate offering amount up to $15,000,000 of which the Company has approximately $6,000,000 available for future sales as of November 9, 2015. The Company will continue to explore further opportunities to monetize its non-core assets. While the Company has been successful in the past raising funds through equity and debt financings and the sale of non-core assets, no assurance can be given that additional financing will be available to us in amounts sufficient to meet our needs, including upon the maturity of our outstanding debt, or on terms acceptable to us. In the event funds are not available, we may be required to change our planned business strategies.

Liquidity

9 Months Ended

Sep. 30, 2015

Cash and Cash Equivalents [Abstract]

2. LIQUIDITY

At September 30, 2015, our cash balance was $3,835,923 as compared with $5,570,375 as of December 31, 2014, which represents a decrease of $1,734,452. The Company expects that its existing cash balances will provide it the necessary liquidity to fund its current operations through the end of 2015. Included in the analysis of the Company’s ability to maintain sufficient liquidity through year end is the remaining anticipated costs associated with the Merger (defined below) with Anatolia Energy Limited (“Anatolia”). Following completion of the Merger, the Company will need to raise additional funding in the fourth quarter. The Company also continues to look for ways to reduce its monthly cash expenditures at its current operations and to explore opportunities to raise additional funds or further monetize its non-core assets.

On June 3, 2015, the Company entered into a binding Scheme Implementation Agreement (the “Transaction Agreement”) to acquire all of the issued and outstanding securities in Anatolia through the issuance of new securities in the Company by way of court-sanctioned schemes of arrangement under the Australian Corporations Act 2001 (the “Merger”). Upon closing of the Merger on November 9, 2015, eligible Anatolia shareholders received 0.06579 shares of the Company’s common stock for every one share of Anatolia they owned.

On November 9, 2015, the Company entered into a binding letter of intent with Laramide Resources for the sale of the Churchrock and Crownpoint properties in New Mexico. As discussed in Note 13, the Company would receive $5,250,000 in cash upon closing and a note receivable in the amount of $7,250,000 payable in three equal installments over a period of three years.

The Company ceased uranium production activities in 2009 due to sustained low uranium prices and does not anticipate receiving significant sales revenue and related cash inflows for 2015. Since ceasing production, the Company has primarily financed its operations through equity and debt financings. The Company has been successful at raising capital in the past, most recently with the completion of a registered direct offering on March 6, 2015 for net proceeds of $5,377,350. In addition, the Company was able to successfully raise capital in 2013 and 2014 through debt and equity fundraising efforts. Specifically, the completion of a registered direct offering in February 2014 for net proceeds of $9,307,245 as well as procuring a convertible secured debt facility in November 2013 that provided the Company with $8,000,000 in cash, which debt matures in December 2016. The Company also has an existing ATM Sales Agreement that allows the Company to sell from time-to-time, shares of its common stock in at-the-market offerings having an aggregate offering amount up to $15,000,000 of which the Company has approximately $6,000,000 available for future sales as of November 9, 2015. The Company will continue to explore further opportunities to monetize its non-core assets. While the Company has been successful in the past raising funds through equity and debt financings and the sale of non-core assets, no assurance can be given that additional financing will be available to us in amounts sufficient to meet our needs, including upon the maturity of our outstanding debt, or on terms acceptable to us. In the event funds are not available, we may be required to change our planned business strategies.