Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 35 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Income Statement [Abstract]      
Net revenues         
Operating Expenses      
Payroll expense and stock based compensation 60,000 70,804 4,635,501
Management fees - related party    75,000 525,000
Exploration cost 0 5,000 277,195
Impairment of mineral rights       500,000
Professional and consulting 232,031 11,599 951,291
General and administrative expenses 29,663 7,618 469,257
Total Operating Expenses 321,694 170,021 7,358,244
Loss from Operations (321,694) (170,021) (7,358,244)
Other Income / (Expense)      
Gain on settlement of debt       1,285,872
Interest expense    (29,106) (609,382)
Derivative expense       (174,128)
Change in fair value of derivative liability (21,720) 15,146 (509,306)
Total Other Expense, net (21,720) (13,959) (6,944)
Net Loss $ (343,414) $ (183,980) $ (7,365,188)
Net Loss Per Share - Basic and Diluted $ (0.23) $ (0.11)  
Weighted average number of shares outstanding during the period Basic and Diluted 1,510,950 1,686,890