Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
12 Months Ended 32 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Income Statement [Abstract]      
Net revenues         
Operating Expenses      
Payroll expense and stock based compensation 190,083 3,875,049 4,575,501
Management fees - related party (225,000) (300,000) (525,000)
Exploration cost 5,000 115,832 277,195
Impairment of mineral rights       500,000
Professional and consulting 130,241 280,770 719,260
General and administrative expneses 23,469 98,551 439,594
Total Operating Expenses 573,793 4,670,202 7,036,550
Loss from Operations (573,793) (4,670,202) (7,036,550)
Other Income / (Expense)      
Gain on settlement of debt 1,285,872    1,285,872
Interest expense (120,575) (127,483) (609,382)
Derivative expense    (174,128) (174,128)
Change in fair value of derivative liability 32,614 160,740 (487,586)
Total Other Expense, net 1,197,911 (140,871) 14,776
Net Loss $ 624,118 $ (4,811,073) $ (7,021,773)
Net Loss Per Share - Basic and Diluted $ 0.00 $ (0.02)  
Weighted average number of shares outstanding during the year Basic and Diluted 249,191,453 249,271,259