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Consolidated Statements of Cash Flows (USD $)
9 Months Ended 129 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2011
Cash flows from operating activities:      
Net income (loss) $ (426,258) $ (475,800) $ (4,013,541) [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 95,280    319,814 [1]
Stock subscriptions related to services provided       82,750 [1]
Stock options issued for services       75,500 [1]
Stock compensation       699,937 [1]
Stock option expense 76,741 7,138 76,741 [1]
Changes in assets and liabilities:      
Inventory       50,000 [1]
Other current assets (31,745) 95,715 (103,437) [1]
Accounts payable 53,550    502,383 [1]
Asset retirement obligation       (52,000) [1]
Accounts payable and accrued expenses - shareholders    54,405 530,856 [1]
Total adjustments 193,826 157,258 322,171 [1]
Net cash (used in) operating activities (232,432) (318,542) (3,691,370) [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    240,178 880,000 [1]
Net cash provided by investing activities    240,178 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 - shareholder 180,000    350,500 [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 180,000 226,000 549,486 [1]
Increase (decrease) in cash and cash equivalents (52,432) 147,636 (14,055) [1]
Cash and cash equivalents, beginning of period 58,764 6,624 20,387
Cash and cash equivalents, end of period 6,332 154,260 6,332
Supplemental cash flow information:      
Cash paid for interest          [1]
Cash paid for income taxes       556,898 [1]
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 141,681    329,181 [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 231,498    347,498 [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 Tournigan Energy Ltd to capital $ 600,000    $ 873,327 [1]
[1] From the period of Inception of Exploration Stage