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Subsequent Events
6 Months Ended
Jul. 31, 2011
Subsequent Events, Policy [Policy Text Block]

(11)  Subsequent Events



The Company received $150,000 in loan proceeds from a shareholder to pay the $127,000 in BLM annual maintenance fees as well as to fund operating expenses.  The payment of $127,000 was made to the BLM prior to its due date of September 1, 2011.  The loan will bear interest at the rate of 10% per annum and will be repaid from the first use of any available cash that becomes available to the Company.