XML 22 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
3 Months Ended 135 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
REVENUE $ 0 $ 0 $ 44,240
COSTS AND EXPENSES      
Cost of sales 0 0 50,000
Exploration expense 31,745 31,745 1,477,768
Impairment of mineral rights 281,477 0 590,977
Write down of inventory to market value 0 0 125,000
General and administrative 160,323 54,091 4,177,056
TOTAL OPERATING EXPENSES 473,545 85,836 6,420,801
INCOME (LOSS) FROM OPERATIONS (473,545) (85,836) (6,376,561)
OTHER INCOME (EXPENSES)      
Interest expense (8,548) (4,926) (132,052)
Relief of payable and other indebtedness 0 0 66,935
Other income 0 504 2,404,688
Interest income 0 35 37,705
TOTAL OTHER INCOME (EXPENSES) (8,548) (4,387) 2,377,276
INCOME (LOSS) BEFORE TAXES (482,093) (90,223) (3,999,285)
INCOME TAXES 0 0 556,868
NET INCOME (LOSS) $ (482,093) $ (90,223) $ (4,556,153)
NET LOSS PER COMMON SHARE, BASIC AND DILUTED (in Dollars per share) $ 0.00 $ 0.00  
WEIGHTED AVERAGE NUMBER OF COMMON STOCK SHARES OUTSTANDING, BASIC AND DILUTED (in Shares) 114,410,440 79,938,305