STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended		141 Months Ended
	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss)	$ (1,013,683)	$ (426,258)	$ (5,100,493)
Adjustments to reconcile net (loss) to net cash (used in) operating activities:
Income from sale of mineral interests	0	0	(2,235,000)
Writedown of inventory to market value	0	0	125,000
Impairment of mineral interests	281,477	0	590,977
Relief of payables and other indebtedness	0	0	(66,935)
Depreciation	0	0	7,062
Common stock issued for services	100,000	95,280	419,814
Stock subscriptions related to services provided	0	0	82,750
Stock options issued for services	0	0	75,500
Stock based compensation	0	0	699,937
Non cash interest expense	132,332	0	132,332
Stock option expense	99,924	76,741	176,665
Changes in assets and liabilities:
Inventory	0	0	50,000
Prepaid and other current assets	(52,724)	(31,745)	(124,416)
Accounts payable and accrued expenses	(5,341)	53,550	517,549
Asset retirement obligation	0	0	(52,000)
Accounts payable and accrued expenses - shareholders	39,768	0	570,624
Net cash (used in) operating activities	(418,247)	(232,432)	(4,130,634)
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash received in New Fork acquisition	297,564	0	297,564
Cash received in Tournigan acquisition	0	0	12,829
Proceeds from sale of mineral interests	0	0	2,235,000
Release of reclamation bonds	0	0	895,000
Net cash provided by investing activities	297,564	0	3,440,393
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of amounts due to Tournigan Energy, Inc.	0	0	(330,000)
Cash received from sale of common stock	50,000	0	856,486
Proceeds from the exercise of stock options	0	0	35,000
Proceeds from notes payable	300,000	0	300,000
Proceeds from notes payable - shareholder	0	180,000	350,500
Repayment of note payable - shareholder	(149,000)	0	(1,150,568)
Capital contribution by shareholder	0	0	689,068
Net cash provided by financing activities	201,000	180,000	750,486
INCREASE(DECREASE) IN CASH	80,317	(52,432)	60,245
Cash, beginning of period	315	58,764	20,387
Cash, end of period	80,632	6,332	80,632
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Reclassification of capital contributions to note payable	0	0	864,068
Conversion of notes payable and accrued interest to common stock	0	141,681	329,181
Conversion of amounts due to shareholders to common stock	0	0	374,089
Conversion of amounts due to shareholders upon exercise of stock warrants	0	231,498	347,498
Common shares issued for stock subscriptions	0	0	433,813
Conversion of amounts due to affiliate to stock subscription	0	0	131,282
Purchase of inventory via direct payment by shareholder	0	0	175,000
Contribution of accounts payable and accrued expenses - shareholder	0	0	50,000
Contribution of amounts due Tournigan Energy Ltd to capital	0	600,000	873,327
Common shares issued for New Fork acquisition	$ 2,000,000	$ 0	$ 2,000,000