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Consolidated Statements of Cash Flows (USD $)
12 Months Ended 132 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Jan. 31, 2012
Cash flows from operating activities:      
Net loss $ (499,527) $ (528,771) $ (4,086,810)
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
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   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   128,138 (71,692) [1]
Accounts payable 74,057 122,235 522,890 [1]
Asset retirement obligation   (52,000) (52,000) [1]
Accounts payable and accrued expenses - shareholders   (25,000) 530,856 [1]
Total adjustments 246,078 180,511 374,423 [1]
Net cash (used in) operating activities (253,449) (348,260) (3,712,387) [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 15,000 304,400 895,000 [1]
Net cash provided by investing activities 15,000 304,400 3,142,829 [1]
Cash flows from financing activities:      
Repayment of amounts due to Tournigan Energy Inc.   (130,000) (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 96,000 549,486 [1]
Increase (decrease) in cash and cash equivalents (58,449) 52,140 (20,072) [1]
Cash and cash equivalents, beginning of period 58,764 6,624 20,387 [1]
Cash and cash equivalents, end of period 315 [1] 58,764 315 [1]
Supplemental cash flow information:      
Cash paid for interest 0 0 0 [1]
Cash paid for income taxes 0 0 556,868 [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     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 $ 48,000 $ 873,327 [1]
[1] From the period of Inception of Exploration Stages