RELATED PARTY TRANSACTIONS (Details Narrative) (USD $)
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Dec. 31, 2013
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Feb. 29, 2012
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Oct. 01, 2011
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Aug. 01, 2011
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Jun. 01, 2011
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Apr. 26, 2011
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Related Party Transactions [Abstract] | ||||||
Cash paid for quitclaim deed | $ 10 | |||||
Monthly fee for Service and Employee Leasing Agreement with MJI Resource Management Corp. | 15,000 | |||||
MJI Agreement initial term period | 1 year | |||||
Monthly aggregate payment to six MJI employees made available to Company for management, operations, legal, accounting and resource location services | 11,000 | |||||
Amended monthly fee terms for Agreement | 25,000 | |||||
Third amendment to Agreement monthly fee terms to include general administrative costs, rent, utilities and office supplies | 25,000 | |||||
Agreement term period | 5 years | |||||
Accounts payable amount due to MJI | 1,264,253 | |||||
Convertible promissory notes sold in note purchase agreement with certain investors | 105,882 | |||||
Convertible promissory note aggregate purchase price | $ 90,000 |
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- Definition
Accounts payable amount due to MJI No definition available.
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Cash paid for quitclaim deed No definition available.
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Convertible promissory note aggregate purchase price No definition available.
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- Definition
MJI Agreement initial term period No definition available.
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- Definition
Amended monthly fee terms for Agreement No definition available.
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- Definition
Third amendment to Agreement monthly fee terms to include general administrative costs, rent, utilities and office supplies No definition available.
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- Definition
Agreement term period No definition available.
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- Definition
Monthly fee for Service and Employee Leasing Agreement with MJI Resource Management Corp. No definition available.
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- Definition
Monthly aggregate payment to six MJI employees made available to Company for management, operations, legal, accounting and resource location services No definition available.
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- Definition
Carrying amount of long-term convertible debt as of the balance sheet date, net of the amount due in the next twelve months or greater than the normal operating cycle, if longer. The debt is convertible into another form of financial instrument, typically the entity's common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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