Consolidated Statements of Cash Flows (USD $)	6 Months Ended		127 Months Ended
	Jul. 31, 2011	Jul. 31, 2010	Jul. 31, 2011
Cash flows from operating activities:
Net income (loss)	$ (280,917)	$ (346,228)	$ (3,868,200)	[1]
Adjustments to reconcile net (loss) to net cash (used in) operating activities:
Income from sale of mineral interest			(2,235,000)	[1]
Writedown of inventory to market value			125,000	[1]
Impairment of mineral rights			309,500	[1]
Gain on relief of payables and other indebtedness			(66,935)	[1]
Depreciation			7,062	[1]
Issuance of common stock for services and other non-cash items	32,000		256,534	[1]
Stock subscriptions related to services provided			82,750	[1]
Stock options issued for services			75,500	[1]
Stock compensation		7,138	699,937	[1]
Stock option expense	76,741		76,741	[1]
Changes in assets and liabilities:
Inventory			50,000	[1]
Other current assets	63,490	169,348	(8,202)	[1]
Accounts payable	53,986	42,309	502,819	[1]
Asset retirement obligation			(52,000)	[1]
Accounts payable and accrued expenses - shareholders		(25,000)	530,856	[1]
Total adjustments	226,217	193,795	354,562	[1]
Net cash (used in) operating activities	(54,700)	(152,433)	(3,513,638)	[1]
Cash flows from investing activities:
Cash received in Tournigan acquisition			12,829	[1]
Proceeds from sale of mineral interest			2,235,000	[1]
Release of reclamation bonds			880,000	[1]
Net cash provided by investing activities			3,127,829	[1]
Cash flows from financing activities:
Repayment of amounts due to Tournigan Energy Inc.			(330,000)	[1]
Proceeds from issuance of common shares and stock subscriptions		226,000	806,486	[1]
Proceeds from exercise of options			35,000	[1]
Proceeds from notes payable - shareholders			170,500	[1]
Repayment of note payable - shareholder			(1,001,568)	[1]
Capital contribution by shareholder			689,068	[1]
Net cash provided by (used in) financing activities		226,000	369,486	[1]
Increase (decrease) in cash and cash equivalents	(54,700)	73,567	(16,323)	[1]
Cash and cash equivalents, beginning of period	58,764	6,624	20,387	[1]
Cash and cash equivalents, end of period	4,064	80,191	4,064
Supplemental cash flow information:
Cash paid for interest	0	0	0
Cash paid for income taxes			556,868
Non cash investing and financing activities:
Reclassification of capital contributions to note payable			864,068	[1]
Conversion of notes payable and accrued interest to common stock			187,500	[1]
Conversion of amounts due to shareholders to common stock		171,589	374,089	[1]
Conversion of amounts due to shareholders upon exercise of stock warrants			116,000	[1]
Common shares issued for stock subscriptions		9,000	433,813	[1]
Conversion of amounts due to affiliate to stock subscription			131,282	[1]
Purchase of inventory via direct payment by shareholder			175,000	[1]
Contribution of accounts payable and accrued expenses - shareholder			50,000	[1]
Contribution of amounts due to Tournigan Energy Ltd. to capital	$ 600,000		$ 873,327	[1]

[1] From the period of Inception of Exploration Stage