Silver Bull Resources (SVBL) 10-Q 8 Sep 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Jul. 31, 2014	Sep. 08, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Jul-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Entity Registrant Name	'SILVER BULL RESOURCES, INC.	'
Entity Central Index Key	'0001031093	'
Current Fiscal Year End Date	'--10-31	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	159,072,657

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Jul. 31, 2014	Oct. 31, 2013
CURRENT ASSETS	'	'
Cash and cash equivalents	$2,448,892	$5,205,733
Value-added tax receivable, net of allowance for uncollectible taxes of $120,802 and $127,557 respectively (Note 6)	194,123	329,508
Income tax receivable	'	396
Other receivables	38,101	67,094
Prepaid expenses and deposits	118,152	236,739
Assets of discontinued operations held for sale (Note 4)	1,364,446	1,554,037
Total Current Assets	4,163,714	7,393,507
Office and mining equipment, net (Note 7)	382,658	483,621
Property concessions (Note 8)	6,778,046	6,741,974
Goodwill (Note 9)	18,495,031	18,495,031
TOTAL ASSETS	29,819,449	33,114,133
CURRENT LIABILITIES	'	'
Accounts payable	144,946	467,016
Accrued liabilities and expenses	644,231	704,366
Income tax payable	12,855	'
Liabilities of discontinued operations held for sale (Note 4)	12,363	3,942
Total Current Liabilities	814,395	1,175,324
COMMITMENTS AND CONTINGENCIES (Notes 1, 10 and 15)	'	'
STOCKHOLDERS' EQUITY (Notes 10, 11, 12 and 13)	'	'
Common stock, $0.01 par value; 300,000,000 shares authorized, 159,072,657 and 159,072,657 shares issued and outstanding, respectively	1,590,726	1,590,726
Additional paid-in capital	124,787,190	124,641,777
Accumulated deficit	-97,486,020	-94,386,856
Other comprehensive income	113,158	93,162
Total Stockholders' Equity	29,005,054	31,938,809
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$29,819,449	$33,114,133

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jul. 31, 2014	Oct. 31, 2013
CONDENSED CONSOLIDATED BALANCE SHEETS [Abstract]	'	'
Allowance for uncollectible taxes, current	$120,802	$127,557
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	159,072,657	159,072,657
Common stock, shares outstanding	159,072,657	159,072,657

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)	3 Months Ended		9 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Jul. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS [Abstract]	'	'	'	'
REVENUES	'	'	'	'
EXPLORATION AND PROPERTY HOLDING COSTS	'	'	'	'
Exploration and property holding costs	300,885	1,084,754	1,025,545	3,069,379
Depreciation and asset impairment (Note 8)	29,524	36,237	409,812	809,749
TOTAL EXPLORATION AND PROPERTY HOLDING COSTS	330,409	1,120,991	1,435,357	3,879,128
GENERAL AND ADMINISTRATIVE EXPENSES	'	'	'	'
Personnel	145,350	236,464	478,476	662,439
Office and administrative	106,408	185,224	410,932	813,418
Professional services	32,637	88,298	210,897	320,973
Directors' fees	47,517	123,328	163,305	286,031
(Recovery of) provision for uncollectible value-added taxes	-1,020	7,890	18,112	7,030
Depreciation	717	1,168	2,487	3,505
TOTAL GENERAL AND ADMINISTRATIVE EXPENSES	331,609	642,372	1,284,209	2,093,396
LOSS FROM OPERATIONS	-662,018	-1,763,363	-2,719,566	-5,972,524
OTHER (EXPENSES) INCOME	'	'	'	'
Interest and investment income	3,286	1,818	10,035	8,748
Foreign currency transaction (loss) gain	-33,031	563	-27,654	33,611
Miscellaneous income	23,236	23,044	67,284	27,033
TOTAL OTHER (EXPENSES) INCOME	-6,509	25,425	49,665	69,392
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	-668,527	-1,737,938	-2,669,901	-5,903,132
INCOME TAX EXPENSE	6,846	18,613	17,779	58,687
LOSS FROM CONTINUING OPERATIONS	-675,373	-1,756,551	-2,687,680	-5,961,819
(LOSS) INCOME FROM DISCONTINUED OPERATIONS, NET OF INCOME TAX EXPENSE (Note 4)	-77,198	297,896	-411,484	188,149
NET LOSS	-752,571	-1,458,655	-3,099,164	-5,773,670
OTHER COMPREHENSIVE INCOME	'	'	'	'
Foreign currency translation adjustments	21,662	4,435	19,996	11,076
COMPREHENSIVE LOSS	($730,909)	($1,454,220)	($3,079,168)	($5,762,594)
BASIC AND DILUTED NET LOSS PER COMMON SHARE	'	'	'	'
(Loss) from continuing operations	($0.01)	($0.01)	($0.02)	($0.04)
(Loss) income from discontinued operations	'	'	'	'
Net loss	($0.01)	($0.01)	($0.02)	($0.04)
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	159,072,657	159,072,657	159,072,657	150,260,157

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Deficit Accumulated During Exploration Stage [Member]	Other Comprehensive Income [Member]
Balance at Oct. 31, 2013	$31,938,809	$1,590,726	$124,641,777	($94,386,856)	$93,162
Balance, shares at Oct. 31, 2013	159,072,657	159,072,657	'	'	'
Options issued	145,413	'	145,413	'	'
Other Comprehensive Income - Foreign Currency Translation Adjustment	19,996	'	'	'	19,996
Net loss	-3,099,164	'	'	-3,099,164	'
Balance at Jul. 31, 2014	$29,005,054	$1,590,726	$124,787,190	($97,486,020)	$113,158
Balance, shares at Jul. 31, 2014	159,072,657	159,072,657	'	'	'

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
	Jul. 31, 2014		Jul. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'		'
Net loss	($3,099,164)		($5,773,670)
Adjustments to reconcile net loss to net cash used by operating activities:	'		'
Depreciation and asset impairment	611,239		824,248
Provision for uncollectible value-added taxes	18,112		38,030
Other income	-54,914		-508,057
Foreign currency transaction loss (gain)	39,017		-47,772
Stock options issued for compensation	145,413		479,253
Changes in operating assets and liabilities:	'		'
Restricted cash	-5,937		12,614
Value-added tax receivable	113,578		478,572
Other receivables	28,459		53,155
Prepaid expenses and deposit	106,412		91,617
Accounts payable	-312,850		-380,716
Accrued liabilities and expenses	-46,694		176,945
Income tax payable	13,258		-5,566
Net cash used by operating activities	-2,444,071		-4,561,347
CASH FLOWS FROM INVESTING ACTIVITIES:	'		'
Other assets	-62,772		'
Equipment purchases	-13,495		'
Proceeds from sale of equipment	101,715		24,448
Acquisition of property concessions	-377,845		-632,733
Net cash used by investing activities	-352,397		-608,285
CASH FLOWS FROM FINANCING ACTIVITIES:	'		'
Proceeds from issuance of common stock, net of offering costs	'		8,094,725
Deferred cash offering costs	'		43,843
Payable to former joint venture partner	'		-11,551
Net cash provided by financing activities	'		8,127,017
Effect of exchange rates on cash and cash equivalents	4,671		1,631
Net (decrease) increase in cash and cash equivalents	-2,791,797		2,959,016
Cash and cash equivalents beginning of period	5,251,003	[1]	3,201,240
Cash and cash equivalents end of period	2,459,206	[1]	6,160,256
SUPPLEMENTAL CASH FLOW DISCLOSURES:	'		'
Income taxes paid	12,561		48,989
Interest paid	'		'
NON-CASH INVESTING AND FINANCING ACTIVITIES:	'		'
Property concessions capitalized and included in accrued liabilities and expense	'		420,000
Warrants issued for offering costs (Note 13)	'		$51,672
[1]	Cash and cash equivalents at July 31, 2014 and October 31, 2013 included $10,314 and $45,270 recognized in assets of discontinued operations held for sale respectively.

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) (USD $)	Jul. 31, 2014	Oct. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]	'	'
Discontinued operations, cash and cash equivalents	$10,314	$45,270

ORGANIZATION_DESCRIPTION_OF_BU

ORGANIZATION, DESCRIPTION OF BUSINESS AND LIQUIDITY	9 Months Ended
	Jul. 31, 2014
ORGANIZATION, DESCRIPTION OF BUSINESS AND LIQUIDITY [Abstract]	'
ORGANIZATION, DESCRIPTION OF BUSINESS AND LIQUIDITY	'
	NOTE 1 - ORGANIZATION, DESCRIPTION OF BUSINESS AND LIQUIDITY
	Silver Bull Resources, Inc. (the "Company") was incorporated in the State of Nevada on November 8, 1993 as the Cadgie Company for the purpose of acquiring and developing mineral properties. The Cadgie Company was a spin-off from its predecessor, Precious Metal Mines, Inc. On June 28, 1996, the Company's name was changed to Metalline Mining Company. On April 21, 2011, the Company's name was changed to Silver Bull Resources, Inc. The Company's fiscal year-end is October 31. The Company has not realized any revenues from its planned operations and is considered an Exploration Stage Company. The Company has not established any reserves with respect to its exploration projects and may never enter into the development stage with respect to any of its projects.
	The Company engages in the business of mineral exploration. The Company currently owns or has the option to acquire a number of property concessions in Mexico (collectively known as the "Sierra Mojada Property"). The Company conducts its operations in Mexico through its wholly-owned subsidiary corporations, Minera Metalin S.A. de C.V. ("Minera") and Contratistas de Sierra Mojada S.A. de C.V. ("Contratistas") and through Minera's wholly-owned subsidiary Minas de Coahuila SBR S.A. de C.V. ("Minas").
	On April 16, 2010, Metalline Mining Delaware, Inc., a wholly-owned subsidiary of the Company, was merged with and into Dome Ventures Corporation ("Dome").  As a result, Dome became a wholly-owned subsidiary of the Company. Dome's subsidiaries include its wholly-owned subsidiaries Dome Asia Inc. and Dome International Global Inc. ("Dome International"), which are incorporated in the British Virgin Islands. Dome International's subsidiaries include its wholly-owned subsidiaries incorporated in Gabon, Dome Ventures SARL Gabon ("Dome Gabon") and African Resources SARL Gabon ("African Resources"), as well as its 99.99%-owned subsidiary, Dome Minerals Nigeria Limited, incorporated in Nigeria. The Company conducts its exploration activities in Gabon, Africa through Dome Gabon and African Resources. In May 2014, the Company entered into an agreement to sell Dome International, which holds, indirectly a 100% interest in the Ndjole license (Note 4).
	The Company's efforts have been concentrated in expenditures related to exploration properties, principally in the Sierra Mojada Property located in Coahuila, Mexico. The Company has not determined whether its exploration properties contain ore reserves that are economically recoverable. The ultimate realization of the Company's investment in exploration properties is dependent upon the success of future property sales, the existence of economically recoverable reserves, and the ability of the Company to obtain financing or make other arrangements for exploration, development, and future profitable production activities. The ultimate realization of the Company's investment in exploration properties cannot be determined at this time. Accordingly, no provision for any asset impairment that may result, in the event the Company is not successful in developing or selling these properties, has been made in the accompanying condensed consolidated financial statements, except as disclosed in Notes 4 and 8.
	Liquidity, Financial Commitments and Management's Plans
	Since its inception in November 1993, the Company has not generated revenue and has incurred a deficit of $97,486,020.  Accordingly, the Company has not generated cash flow from operations, and since inception the Company has relied primarily upon proceeds from private placements and registered direct offerings of the Company's equity securities and warrant exercises as the primary sources of financing to fund the Company's operations. As of July 31, 2014, the Company had working capital of $3,349,319 including $1,364,446 of assets of discontinued operations held for sale and $12,363 of liabilities of discontinued operations held for sale, and cash and cash equivalents of $2,448,892. Management will continue to evaluate the Company's ability to raise additional capital, and if it determines that additional capital is unavailable or available on terms that the Company determines are unacceptable then the Company will reduce exploration expenditures on the Company's property concessions and reduce general and administrative expenditures.

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Jul. 31, 2014
BASIS OF PRESENTATION [Abstract]	'
BASIS OF PRESENTATION	'
	NOTE 2 - BASIS OF PRESENTATION
	The Company's unaudited interim condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America ("GAAP") and applicable rules of the U.S. Securities and Exchange Commission ("SEC") regarding interim reporting. All intercompany transactions and balances have been eliminated during consolidation. Certain information and note disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. The condensed consolidated balance sheet at October 31, 2013 was derived from the audited consolidated financial statements. Accordingly, these unaudited interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto contained in the Company's Annual Report on Form 10-K for the year ended October 31, 2013.
	The unaudited interim condensed consolidated financial statements have been prepared on the same basis as the audited consolidated financial statements, except as disclosed in Notes 3 and Note 4. In the opinion of management, these unaudited interim condensed consolidated financial statements furnished herein include all adjustments, all of which are of a normal recurring nature, necessary for a fair statement of the results for the interim periods presented. Uncertainties with respect to estimates and assumptions are inherent in the preparation of the Company's condensed consolidated financial statements; accordingly, operating results for the nine months ended July 31, 2014 are not necessary indicative of the results that may be expected for the fiscal year ending October 31, 2014.

SIGNIFICANT_ACCOUNTING_POLICIE

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Jul. 31, 2014
SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
SIGNIFICANT ACCOUNTING POLICIES	'
	NOTE 3 - SIGNIFICANT ACCOUNTING POLICIES
	The significant accounting policies are defined in the Company's Form 10-K for the year ended October 31, 2013 filed on January 13, 2014, except as follows.
	Reclassifications
	Certain reclassifications of prior year balances have been made to conform to the current year presentation. The Company reclassified the Dome International consolidated balance sheet amounts and consolidated statements of operations from historical presentation to assets and liabilities of operations held for sale on the consolidated balance sheets and to loss from discontinued operations in the consolidated statements of operations for all periods presented. The consolidated statements of cash flow have not been adjusted to reflect assets held for sale and discontinued operations for all periods presented.
	Recent Accounting Pronouncements Adopted in the Nine Month Period Ended July 31, 2014
	Effective in July, 2014, the Company adopted Accounting Standards Update ("ASU") 2014-10: Development Stage Entities (Topic 915): Elimination of Certain Financial reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation. The standard removes the definition of a development stage entity from the Master Glossary of the Accounting Standards Codification, thereby removing the financial reporting distinction between development stage entities and other reporting entities from GAAP. In addition, the standard eliminates the requirements for development stage entities to (1) present inception-to-date information in the statements of income, cash flows, and shareholder equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The standard is effective for annual reporting periods beginning after December 15, 2014, and interim periods therein, with early adoption permitted. As a result, the Company adopted this standard as of July 31, 2014 and eliminated inception to date information from the Company's consolidated financial statements.
	Effective November 1, 2013, the Company adopted ASU 2011-11, "Balance Sheet (Topic 201): Disclosures about Offsetting Assets and Liabilities." This ASU added certain additional disclosure requirements about financial instruments and derivative instruments that are subject to netting arrangements. The adoption of this guidance did not have a material impact on the disclosure for the Company's consolidated financial statements.
	Recent Accounting Pronouncements Not Yet Adopted
	In August 2014, the Financial Accounting Standard Board ("FASB") issued ASU 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an entity's ability to continue as a going concern. ASU 2014-15 is intended to define management's responsibility to evaluate whether there is substantial doubt about an organization's ability to continue as a going concern and to provide related footnote disclosures. The Update provides guidance to an organization's management, with principles and definitions that are intended to reduce diversity in the timing and content of disclosures that are commonly provided by organizations today in the financial statement footnotes. The amendments are effective for annual periods ending after December 15, 2016, and interim periods within annual periods beginning after December 15, 2016. Early application is permitted. The Company has not determined the effects of this update on the Company's financial position, result of operations or cash flows and disclosures at this time.
	In July 2013, the FASB issued ASU 2013-11, "Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carry Forward, a Similar Tax Loss, or a Tax Credit Carry Forward Exists." The updated guidance requires an entity to net its unrecognized tax benefits against the deferred tax assets for all same jurisdiction net operating loss carry forwards, a similar tax loss, or tax credit carry forwards. A gross presentation will be required only if such carry forwards are not available or would not be used by the entity to settle any additional income taxes resulting from disallowance of the uncertain tax provision. The update is effective prospectively for the Company's fiscal year beginning November 1, 2014. The Company does not believe the adoption of this update will have a material impact on the Company's financial position, results of operations or cash flows, and the disclosure requirements for the Company's consolidated financial statements.
	In April 2014, the FASB issued ASU 2014-08, "Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity." Under ASU 2014-08, only disposals representing a strategic shift in operations are presented as discontinued operations. In addition, ASU 2014-08 requires expanded disclosures about discontinued operations that will provide additional information about the assets, liabilities, income, and expenses of discontinued operations. ASU 2014-08 also requires disclosure of the pre-tax income attributable to a disposal of a significant part of an organization that does not qualify for discontinued operations reporting. The update is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2014. The Company has not determined the effects of this update on the Company's financial position, result of operations or cash flows and disclosures at this time.
	Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force) and the SEC did not or are not believed to have a material impact on the Company's present or future consolidated financial statements.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
	Jul. 31, 2014
DISCONTINUED OPERATIONS [Abstract]	'
DISCONTINUED OPERATIONS	'
	NOTE 4 - DISCONTINUED OPERATIONS
	On December 13, 2013, the Company entered into a binding letter of agreement and on May 21, 2014, as amended July 15, 2014 and August 25, 2014, the Company executed a share purchase agreement (the "Transaction") with BHK Resources, Inc. ("BHK") to sell all of the issued and outstanding securities of Dome International, a subsidiary of the Company which holds, indirectly, a 100% interest in and to the Ndjole concession, for cash consideration of $1,500,000. The Transaction is expected to be completed in September 2014.
	The Transaction is subject to the completion of a financing by BHK generating minimum proceeds of $CDN 4.0 million from the sale of its securities (condition may be waived at the option of BHK) and the approval of the TSX-V and other applicable regulatory authorities. The Company was paid a $25,000 non-refundable deposit upon the signing of the binding letter of agreement. Prior to the closing of the Transaction, the Company will transfer all of the issued and outstanding securities of African Resources SARL Gabon from Dome International to another subsidiary of the Company. As at July 31, 2014, the Company classified Dome International and its wholly-owned subsidiary Dome Gabon as an asset held for sale as assets held for sale criteria were met. Consequently, for all of the periods presented, loss from Dome International and Dome Gabon has been presented within discontinued operations in the consolidated statement of operations and comprehensive loss. During the nine months ended July 31, 2014 the Company recorded an impairment of $191,568 for the Ndjole concession as its carrying amount was not recoverable based on the implied fair value due to expected net proceeds from the Transaction.
	The following table details selected financial information included in the loss from discontinued operations for the three months and nine months ended July 31, 2014 and 2013 and the period from inception to date.
		For the Three Months Ended					For the Nine Months Ended
		July 31,					July 31,
		2014		2013			2014		2013
	Exploration and property holding costs	$	51,813	$	173,363		$	190,957	$	286,191
	Depreciation and asset impairment		97		3,534			198,940		10,994
	Provision for uncollectible value-added taxes		-		31,000			-		31,000
	Foreign currency transaction  loss (gain)		25,288		(14,271	)		21,587		(24,812	)
	Miscellaneous income		-		(491,522	)		-		(491,522	)
	Net loss (income)	$	77,198	$	(297,896	)	$	411,484	$	(188,149	)
	The miscellaneous income in the three and nine months ended July 31, 2013 was the result of the Company's  legal interpretation that AngloGold Ashanti Limited ("AngloGold") abandoned all of its rights and benefits under two joint venture agreements upon their termination. As a result the Company has concluded that the VAT receivable outstanding at the termination of the agreements and subsequent cash collected related to this VAT receivable of $491,522 was determined to be the sole property of the Company.
	The major classes of assets and liabilities of Dome International and Dome Gabon presented as assets held for sale in the consolidated balance sheets are as follows:
		July 31,		October 31,
		2014		2013
	Assets
	Cash and cash equivalents	$	10,314	$	45,270
	Restricted cash		5,817		-
	Value-added tax receivable		8,546		8,767
	Prepaid expenses and deposits		12,061		-
	Other assets		62,772		-
	Office and mining equipment, net		13,743		25,130
	Property concession		1,251,193		1,474,870
	Total assets of discontinued operations held for sale	$	1,364,446	$	1,554,037
	Liabilities
	Accounts payable	$	12,363	$	3,942
	Total liabilities of discontinued operations held for sale	$	12,363	$	3,942

LOSS_PER_SHARE

LOSS PER SHARE	9 Months Ended
	Jul. 31, 2014
LOSS PER SHARE [Abstract]	'
LOSS PER SHARE	'
	NOTE 5 - LOSS PER SHARE
	The Company had stock options and warrants to purchase common stock in the aggregate of 21,473,978 shares and 22,110,173 shares at July 31, 2014 and July 31, 2013, respectively. They were not included in the calculation of loss per share because they would have been considered anti-dilutive.

VALUEADDED_TAX_RECEIVABLE

VALUE-ADDED TAX RECEIVABLE	9 Months Ended
	Jul. 31, 2014
VALUE-ADDED TAX RECEIVABLE [Abstract]	'
VALUE-ADDED TAX RECEIVABLE	'
	NOTE 6 - VALUE-ADDED TAX RECEIVABLE
	Value-added tax ("VAT") receivable relates to VAT paid in Mexico and Gabon. The Company estimates net VAT of $194,123 will be received within twelve months of the balance sheet date. The allowance for uncollectible VAT taxes was estimated by management based upon a number of factors including the length of time the returns have been outstanding, responses received from tax authorities, general economic conditions in Mexico and Gabon and estimated net recovery after commissions. During the nine months ended July 31, 2014, a provision of uncollectible VAT of $18,112 has been recorded.
	A summary of the changes in the allowance for uncollectible VAT taxes for the nine months ended July 31, 2014 is as follows:
		$	127,557
	Allowance for uncollectible VAT taxes - October 31, 2013
	Provision for uncollectible VAT Taxes		18,112
	Write-off VAT receivable		(23,001	)
	Foreign currency translation adjustment		(1,866	)
	Allowance for uncollectible VAT taxes - July 31, 2014	$	120,802

OFFICE_AND_MINING_EQUIPMENT

OFFICE AND MINING EQUIPMENT	9 Months Ended
	Jul. 31, 2014
OFFICE AND MINING EQUIPMENT [Abstract]	'
OFFICE AND MINING EQUIPMENT	'
	NOTE 7 - OFFICE AND MINING EQUIPMENT
	The following is a summary of the Company's office and mining equipment at July 31, 2014 and October 31, 2013, respectively:
		July 31,			October 31,
		2014			2013
	Mining equipment	$	504,451		$	645,084
	Vehicles		81,261			81,261
	Buildings and structures		191,966			191,966
	Computer equipment and software		85,618			85,618
	Well equipment		39,637			39,637
	Office equipment		53,900			53,900
			956,833			1,097,466
	Less:  Accumulated depreciation		(574,175	)		(613,845	)
		$	382,658		$	483,621

PROPERTY_CONCESSIONS

PROPERTY CONCESSIONS	9 Months Ended
	Jul. 31, 2014
PROPERTY CONCESSIONS [Abstract]	'
PROPERTY CONCESSIONS	'
	NOTE 8 - PROPERTY CONCESSIONS
	The following is a summary of the Company's property concessions in Mexico and Gabon as at July 31, 2014 and October 31, 2013, respectively:
		Sierra Mojada,			Mitzic,			Total
		Mexico			Gabon
	Property Concessions - October 31, 2013	$	6,419,833		$	322,141		$	6,741,974
	Acquisitions		377,845			-			377,845
	Impairment		(19,632	)		(324,560	)		(344,192	)
	Foreign currency translation adjustments		-			2,419			2,419
	Property Concessions - July 31, 2014	$	6,778,046		$	-		$	6,778,046
	Sierra Mojada, Mexico
	During the nine months ended July 31, 2014, the Company decided to not to pursue further work on certain concessions in Sierra Mojada, Mexico. As a result, the Company has written off the capitalized property concession balance related to these concessions of $19,632.
	During the nine months ended July 31, 2013, the Company decided not to pursue further work on certain concessions in Sierra Mojada, Mexico. As a result, the Company has written off the capitalized property concession balance related to these concessions of $714,038.
	Gabon, African
	During the nine months ended July 31, 2014, the Company has written off the capitalized property concession balance related to the Mitzic concession of $324,560 as the recoverability is highly uncertain.

GOODWILL

GOODWILL	9 Months Ended
	Jul. 31, 2014
GOODWILL [Abstract]	'
GOODWILL	'
	NOTE 9 - GOODWILL
	Goodwill represents the excess, at the date of acquisition, of the purchase price of the business acquired over the fair value of the net tangible and intangible assets acquired.  At April 30, 2014, the Company elected to perform a qualitative assessment to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount. Based on this assessment, management determined it is not more likely than not that the fair value of the reporting unit is less than its carrying amount.
	The following is a summary of the Company's goodwill balance as at July 31, 2014 and October 31, 2013, respectively:
	Goodwill - October 31, 2013	$	18,495,031
	Goodwill - July 31, 2014	$	18,495,031

SHAREHOLDER_RIGHTS_PLAN

SHAREHOLDER RIGHTS PLAN	9 Months Ended
	Jul. 31, 2014
SHAREHOLDER RIGHTS PLAN [Abstract]	'
SHAREHOLDER RIGHTS PLAN	'
	NOTE 10 - SHAREHOLDER RIGHTS PLAN
	On June 11, 2007, the Board of Directors adopted a Shareholders' Right Plan through the adoption of a Rights Agreement, which became effective immediately.  In connection with the adoption of the Rights Agreement, the Board of Directors declared a distribution of one Right for each outstanding share of the Company's common stock, payable to shareholders of record at the close of business on June 22, 2007.  In accordance with the Rights Plan, one Right is attached to each share of Company common stock issued since that date.  Each Right is attached to the underlying common stock and will remain with the common stock if the stock is sold or transferred.  As of July 31, 2014, there are 159,072,657 shares outstanding with Rights attached.
	In certain circumstances, in the event that any person acquires beneficial ownership of 20% or more of the outstanding shares of the Company's common stock, each holder of a Right, other than the acquirer, would be entitled to receive, upon payment of the purchase price, which is initially set at $20 per Right, a number of shares of the Company's common stock having a value equal to two times such purchase price.  The Rights will expire on June 11, 2017.

COMMON_STOCK

COMMON STOCK	9 Months Ended
	Jul. 31, 2014
COMMON STOCK [Abstract]	'
COMMON STOCK	'
	NOTE 11 - COMMON STOCK
	No common stock was issued during the nine months ended July 31, 2014.
	On February 14, 2013, the Company closed a public offering (the "Offering") for the sale of 22,912,500 units at a price of $0.40 per unit for gross proceeds of $9,165,000. Each unit was comprised of one share of common stock of the Company and one-half of one common stock purchase warrant, with each whole warrant exercisable to purchase one share of common stock, at an exercise price of $0.55, for a period of 18 months from the closing of the Offering. The Company paid the agents on the Offering a cash commission equal to 6.0% of the gross proceeds, except for $2.5 million in units sold to purchasers arranged by the Company for which the agents received a 3.0% cash commission. In addition, the agents received 1,187,250 compensation warrants with the same terms as the other warrants issued in the Offering. The total cash commission paid to the agents was $474,900, the fair value of the agents' compensation warrants was determined to be $51,672 (Note 13), and the Company incurred other offering costs of $595,375.

STOCK_OPTIONS

STOCK OPTIONS	9 Months Ended
	Jul. 31, 2014
STOCK OPTIONS [Abstract]	'
STOCK OPTIONS	'
	NOTE 12 - STOCK OPTIONS
	The Company has two active stock option plans. Under the 2006 Stock Option Plan (the "2006 Plan"), the Company may grant non-statutory and incentive options to employees, directors and consultants for up to a total of 5,000,000 shares of common stock. Under the 2010 Stock Option and Stock Bonus Plan (the "2010 Plan"), the lesser of (i) 30,000,000 shares or (ii) 10% of the total shares outstanding are reserved for issuance upon the exercise of options or the grant of stock bonuses.
	Options are typically granted with an exercise price equal to the closing market price of the Company's stock at the date of grant, have a graded vesting schedule over approximately 1 to 2 years and have a contractual term of 5 to 10 years.
	A summary of the range of assumptions used to value stock options granted for the nine months ended July 31, 2014 and 2013 are as follows:
			Nine Months Ended
			July 31,
	Options		2014		2013
	Expected volatility		-		54% - 70%
	Risk-free interest rate		-		0.29% - 0.88%
	Dividend yield		-		-
	Expected term (in years)		-		2.50 - 3.50
	No options were granted or exercised during the nine months ended July 31, 2014.
	During the nine months ended July 31, 2013, the Company granted options to acquire 2,515,000 shares of common stock with a weighted-average grant-date fair value of $0.15. No options were exercised during the nine months ended July 31, 2013.
	The following is a summary of stock option activity for the nine months ended July 31, 2014:
	Options		Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (Years)				Aggregate Intrinsic Value
	Outstanding at October 31, 2013			9,205,477			$	0.58				3.45				-
	Forfeited or Cancelled			(374,999	)			0.54
	Outstanding at July 31, 2014			8,830,478			$	0.58				2.62			$	-
	Vested or Expected to Vest at July 31, 2014			8,830,478			$	0.58				2.62			$	-
	Exercisable at July 31, 2014			7,915,480			$	0.6				2.51			$	-
	The Company recognized stock-based compensation costs for stock options of $145,413 and $479,253 for the nine months ended July 31, 2014 and 2013, respectively. The Company typically does not recognize any tax benefits for stock options due to the Company's recurring losses. The Company currently expects all outstanding options to vest. Compensation cost is revised if subsequent information indicates that the actual number of options that will vest is likely to differ from previous estimates.
	Summarized information about stock options outstanding and exercisable at July 31, 2014 is as follows:
	Options Outstanding
																	Options Exercisable
	Exercise Price				Number Outstanding				Weighted Average Remaining Contractual Life (Years)				Weighted Average Exercise Price				Number Exercisable		Weighted Average Exercise Price
	$	0.37 - 0.73				7,968,334				2.72			$	0.52				7,053,336	$	0.53
		1.00 - 1.20				805,000				1.55				1.11				805,000		1.11
		2.18				57,144				3.47				2.18				57,144		2.18
	$	0.37 - 2.18				8,830,478				2.62			$	0.58				7,915,480	$	0.6
	As of July 31, 2014, there was $43,183 of total unrecognized compensation costs related to non-vested share based compensation arrangements granted under the qualified stock option plans. That cost is expected to be recognized over a weighted average period of 0.38 years.

WARRANTS

WARRANTS	9 Months Ended
	Jul. 31, 2014
WARRANTS [Abstract]	'
WARRANTS	'
	NOTE 13 - WARRANTS
	A summary of warrant activity for the nine months ended July 31, 2014 is as follows:
	Warrants		Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (Years)				Aggregate Intrinsic Value
	Outstanding at October 31, 2013			12,643,500			$	0.55				0.79				-
	Outstanding at July 31, 2014			12,643,500			$	0.55				0.04			$	-
	Exercisable at July 31, 2014			12,643,500			$	0.55				0.04			$	-
	On August 14, 2014 the 12,643,500 warrants outstanding expired unexercised. No warrants were issued or exercised during the nine months ended July 31, 2014.
	During the nine months ended July 31, 2013, the Company issued 11,456,250 warrants in connection with the Offering and issued 1,187,250 compensation warrants to the agents. The fair value of the agent's compensation warrants was determined to be $51,672 based upon the Black-Scholes pricing model using risk free interest rate of 0.22%, expected volatility of 50%, dividend yield of 0%, and a contractual term of 1.5 years.
	No warrants were exercised during the nine months ended July 31, 2013.
	Summarized information about warrants outstanding and exercisable at July 31, 2014 is as follows:
	Warrants Outstanding
																	Warrants Exercisable
	Exercise Price				Number Outstanding				Weighted Ave. Remaining Contractual Life (Years)				Weighted Average Exercise Price				Number Exercisable		Weighted Average Exercise Price
	$	0.55				12,643,500				0.04			$	0.55				12,643,500	$	0.55

FINANCIAL_INSTRUMENTS

FINANCIAL INSTRUMENTS	9 Months Ended
	Jul. 31, 2014
FINANCIAL INSTRUMENTS [Abstract]	'
FINANCIAL INSTRUMENTS	'
	NOTE 14 - FINANCIAL INSTRUMENTS
	Fair Value Measurements
	All financial assets and financial liabilities are recorded at fair value on initial recognition. Transaction costs are expensed when they are incurred, unless they are directly attributable to the acquisition of qualifying assets, in which case they are added to the costs of those assets until such time as the assets are substantially ready for their intended use or sale.
	The three levels of the fair value hierarchy are as follows:
		Level 1	Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;
		Level 2	Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability;
		Level 3	Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity).
	Under fair value accounting, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.  As of July 31, 2014 and October 31, 2013, the Company had no financial assets or liabilities required to be reported for fair value purposes.
	The carrying amounts of the Company's financial instruments, including cash and cash equivalents, other receivables, accounts payable and accrued liabilities and expenses approximate fair value at July 31, 2014 and October 31, 2013 due to the short maturities of these financial instruments.
	Credit Risk
	Credit risk is the risk that the counterparty to a financial instrument will cause a financial loss for the Company by failing to discharge its obligations. To mitigate exposure to credit risk on financial assets the Company has established policies to ensure liquidity of funds and ensure counterparties demonstrate minimum acceptable credit worthiness.
	The Company maintains its U.S. Dollar and Canadian Dollar ("$CDN") cash and cash equivalents in bank and demand deposit accounts with major financial institutions with high credit standings. Cash deposits held in the United States are insured by the Federal Deposit Insurance Corporation ("FDIC") for up to $250,000 and $CDN cash deposits held in Canada are insured by the Canada Deposit Insurance Corporation ("CDIC") for up to $CDN 100,000. Certain United States and Canadian bank accounts held by the Company exceed these federally insured limits or are uninsured as they relate to U.S. Dollar deposits held in Canadian financial institutions. As of July 31, 2014 and October 31, 2013, the Company's cash and cash equivalent balances held in United States and Canadian financial institutions included $2,073,014 and $4,844,049, respectively, which was not insured by the FDIC or CDIC. The Company has not experienced any losses on such accounts and management believes that using major financial institutions with high credit ratings mitigates the credit risk in cash.
	The Company also maintains cash in bank accounts in Mexico and Gabon.  These accounts are denominated in the local currency and are considered uninsured. As of July 31, 2014 and October 31, 2013, the U.S. dollar equivalent balance for these accounts was $44,483 and $87,889, respectively.
	Interest Rate Risk
	The Company holds substantially all of the Company's cash and cash equivalents in bank and demand deposit accounts with major financial institutions. The interest rates received on these balances may fluctuate with changes in economic conditions. Based on the average cash and cash equivalent balances during the nine months ended July 31, 2014, a 1% decrease in interest rates would have resulted in a reduction in interest income for the period of approximately $3,249.
	Foreign Currency Exchange Risk
	Certain purchases of labor, operating supplies and capital assets are denominated in $CDN, Mexican Peso ("$MXN"), Central African Francs ("$CFA") or other currencies.  As a result, currency exchange fluctuations may impact the costs of our operations.  Specifically, the appreciation of the $MXN, $CDN or $CFA against the U.S. dollar may result in an increase in operating expenses and capital costs in U.S. dollar terms. As of July 31, 2014, the Company maintained the majority of its cash balance in U.S. Dollars. The Company currently does not engage in any currency hedging activities.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Jul. 31, 2014
COMMITMENTS AND CONTINGENCIES [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	NOTE 15 - COMMITMENTS AND CONTINGENCIES
	Compliance with Environmental Regulations
	The Company's activities are subject to laws and regulations controlling not only the exploration and mining of mineral properties, but also the effect of such activities on the environment. Compliance with such laws and regulations may necessitate additional capital outlays or affect the economics of a project, and cause changes or delays in the Company's activities.
	Property Concessions Mexico
	To properly maintain property concessions in Mexico, the Company is required to pay a semi-annual fee to the Mexican government and complete annual assessment work.
	In addition, five of the concessions in the Sierra Mojada project are subject to options to purchase from existing third party concession owners. Pursuant to the option purchase agreements, the Company is required to make certain payments over the terms of these contracts to obtain full ownership of these concessions as set forth in the table below:
	Nuevo Dulces Nombres (Centenario) and Yolanda III (2 concessions)
	Payment Date	Payment Amount(1)
	May-15	$30,000
	Monthly payment beginning August 2016 and ending July 2018	$20,000 per month
	-1	Until July 2018, the Company has the option of acquiring Nuevo Dulces Nombres (100% interest) for $4 million and Yolanda III (100% interest) for $2 million plus a lump sum payment equal to any remaining monthly payments.
	-2	If a change of control occurs prior to May 30, 2016 the Company is required to make a payment of $200,000 within 20 days of the change of control.
	Poder de Dios, Anexas a Poder de Dios, and Ampliacion a Poder de Dios (3 concessions)
	Payment Date	Payment Amount(1)
	Oct-14	$6 million
	April 2015(1)	$7 million
	(1)       Payments shown reflect the option purchase price for a period of six months from the payment date for the acquisition of 100% of the concessions. Subsequent to April 2015 the option purchase price is $7 million for the acquisition of 100% of the concession. In addition, the Company is required to make payments of $300,000 in April and October of each year until the option purchase is made otherwise the Company will lose its option in the concessions. The option purchase price until October 2014 is $6 million.
	Property Concessions Gabon
	The Company holds title to the Ndjole (Note 4) and Mitzic concessions in Gabon, Africa that require the Company to spend minimum amounts each term to renew the concessions. Each concession is renewable twice with each renewal lasting for three years. The initial renewal of the Ndjole concession was granted on June 21, 2012 and the initial renewal of the Mitzic concession was granted on July 24, 2012. Per the renewed concession licenses, the Company must spend $CFA 2,926,000,000 ($5,983,640) on exploration work on the Ndjole concession and $CFA 901,000,000 ($1,842,536) on exploration work on the Mitzic concession in order to renew these concessions for a third term of three years. The expenditures during the second period are reduced by $CFA 2,794,322,270 ($5,714,360) for Ndjole and $CFA 264,746,831 ($541,405) for Mitzic which represent amounts spent in the second period to July 31, 2014 and amounts carried forward from the initial term for expenditures incurred in excess of the renewal requirements. The Company must spend $CFA 800,000,000 ($1,635,991) in the third term per Gabonese law. The Company may apply for a mining license at any time during these periods. As of July 31, 2014, one U.S. dollar approximates $CFA 489.
	Royalty
	The Company has agreed to pay a 2% net smelter return royalty on certain property concessions within the Sierra Mojada Property. Total payments under this royalty are limited to $6.875 million (the "Royalty").
	Litigation and Claims
	In July 2014 a local cooperative called "Sociedad Cooperativa de Exploración Minera Mineros Norteños", S.C.L ("Mineros Norteños") filed an action against Minera claiming that the Royalty should be paid immediately, including interest at a rate of 6% from August 30, 2004.  The action also asserted a claim for back wages for Mineros Nortenos members, notwithstanding that the individuals were never hired or performed any work for Minera.
	On August 21, 2014 Minera filed a full and complete defence and put the Court on notice that the Company reserves the right to file a Civil Court claim against Minera Norteños for damages.
	It is the Company's position, supported by a legal opinion from its Mexican legal counsel, that it has not breached the agreement it has with Mineros Nortenos and that the Mineros Nortenos lawsuit is without merit. The Company has not accrued any amounts for this claim in the Company's financial statements.
	From time to time, the Company is involved in other disputes, claims, proceedings and legal actions arising in the ordinary course of business. The Company intends to vigorously defend all claims against the Company, and pursue our full legal rights in cases where the Company has been harmed. Although the ultimate outcome of these proceedings cannot be accurately predicted due to the inherent uncertainty of litigation, in the opinion of management, based upon current information, no other currently pending or overtly threatened proceeding is expected to have a material adverse effect on the Company's business, financial condition or results of operations.
	Office Lease Commitment
	The Company entered into a five-year office lease agreement from April 1, 2012 to March 31, 2017 for the Company's corporate office in Vancouver, Canada. The monthly lease payment is $CDN 7,743, increasing to $CDN 7,981 on April 1, 2016. As of July 31, 2014, one U.S. dollar approximates $CDN 1.09.

SEGMENT_INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Jul. 31, 2014
SEGMENT INFORMATION [Abstract]	'
SEGMENT INFORMATION	'
	NOTE 16 - SEGMENT INFORMATION
	The Company operates in a single reportable segment: the exploration of mineral property interests. The Company has mineral property interests in Sierra Mojada, Mexico and Gabon, Africa.
	Geographic information is approximately as follows:
			For the Three Months Ended								For the Nine Months Ended
			July 31,								July 31,
			2014				2013				2014				2013
	Net loss for the period
	Mexico		$	(281,000	)		$	(1,108,000	)		$	(985,000	)		$	(3,818,000	)
	Canada			(339,000	)			(636,000	)			(1,276,000	)			(2,090,000	)
	Gabon			(56,000	)			(12,000	)			(427,000	)			(54,000	)
	United States			-				-				-				-
	Loss from Continuing Operations			(676,000	)			(1,756,000	)			(2,688,000	)			(5,962,000	)
	Discontinued Operations			(77,000	)			298,000				(411,000	)			188,000
	Net Loss		$	(753,000	)		$	(1,458,000	)		$	(3,099,000	)		$	(5,774,000	)
	The following table details allocation of assets included in the accompanying balance sheet at July 31, 2014:
			United States				Canada				Mexico				Gabon			Total
	Cash and cash equivalents		$	1,207,000			$	1,208,000			$	11,000			$	23,000		$	2,449,000
	Value-added tax receivable, net			-				-				191,000				3,000			194,000
	Other receivables			-				7,000				31,000				-			38,000
	Prepaid expenses and deposits			-				35,000				82,000				1,000			118,000
	Assets of discontinued operations held for sale			-				-				-				1,364,000			1,364,000
	Office and mining equipment, net			-				1,000				382,000				-			383,000
	Property concessions			-				-				6,778,000				-			6,778,000
	Goodwill			-				-				18,495,000				-			18,495,000
			$	1,207,000			$	1,251,000			$	25,970,000			$	1,391,000		$	29,819,000
	The following table details allocation of assets included in the accompanying balance sheet at October 31, 2013:
			United States				Canada				Mexico				Gabon			Total
	Cash and cash equivalents		$	3,076,000			$	2,087,000			$	23,000			$	20,000		$	5,206,000
	Value-added tax receivable, net			-				-				327,000				3,000			330,000
	Other receivables			-				20,000				47,000				-			67,000
	Prepaid expenses and deposits			-				137,000				98,000				1,000			236,000
	Assets of discontinued operations held for sale			-				-				-				1,554,000			1,554,000
	Office and mining equipment, net			-				4,000				480,000				-			484,000
	Property concessions			-				-				6,420,000				322,000			6,742,000
	Goodwill			-				-				18,495,000				-			18,495,000
			$	3,076,000			$	2,248,000			$	25,890,000			$	1,900,000		$	33,114,000
	The Company has significant assets in Coahuila, Mexico and Gabon, Africa.  Although these countries are generally considered economically stable, it is always possible that unanticipated events in foreign countries could disrupt the Company's operations.  Neither the Mexican government nor the Gabonese government requires foreign entities to maintain cash reserves in their respective country.
	The following table details allocation of exploration and property holding costs for the exploration properties:
		For the Three Months Ended							For the Nine Months Ended
		July 31,							July 31,
		2014			2013				2014				2013
	Exploration and property holding costs for the period
	Mexico Sierra Mojada	$	(308,000	)	$	(1,102,000	)		$	(1,035,000	)		$	(3,808,000	)
	Gabon Mitzic		(22,000	)		(19,000	)			(400,000	)			(71,000	)
		$	(330,000	)	$	(1,121,000	)		$	(1,435,000	)		$	(3,879,000	)

SIGNIFICANT_ACCOUNTING_POLICIE1

SIGNIFICANT ACCOUNTING POLICIES (Policy)	9 Months Ended
	Jul. 31, 2014
SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
Reclassifications	'
	Reclassifications
	Certain reclassifications of prior year balances have been made to conform to the current year presentation. The Company reclassified the Dome International consolidated balance sheet amounts and consolidated statements of operations from historical presentation to assets and liabilities of operations held for sale on the consolidated balance sheets and to loss from discontinued operations in the consolidated statements of operations for all periods presented. The consolidated statements of cash flow have not been adjusted to reflect assets held for sale and discontinued operations for all periods presented.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements Adopted in the Nine Month Period Ended July 31, 2014
	Effective in July, 2014, the Company adopted Accounting Standards Update ("ASU") 2014-10: Development Stage Entities (Topic 915): Elimination of Certain Financial reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation. The standard removes the definition of a development stage entity from the Master Glossary of the Accounting Standards Codification, thereby removing the financial reporting distinction between development stage entities and other reporting entities from GAAP. In addition, the standard eliminates the requirements for development stage entities to (1) present inception-to-date information in the statements of income, cash flows, and shareholder equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The standard is effective for annual reporting periods beginning after December 15, 2014, and interim periods therein, with early adoption permitted. As a result, the Company adopted this standard as of July 31, 2014 and eliminated inception to date information from the Company's consolidated financial statements.
	Effective November 1, 2013, the Company adopted ASU 2011-11, "Balance Sheet (Topic 201): Disclosures about Offsetting Assets and Liabilities." This ASU added certain additional disclosure requirements about financial instruments and derivative instruments that are subject to netting arrangements. The adoption of this guidance did not have a material impact on the disclosure for the Company's consolidated financial statements.
	Recent Accounting Pronouncements Not Yet Adopted
	In August 2014, the Financial Accounting Standard Board ("FASB") issued ASU 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an entity's ability to continue as a going concern. ASU 2014-15 is intended to define management's responsibility to evaluate whether there is substantial doubt about an organization's ability to continue as a going concern and to provide related footnote disclosures. The Update provides guidance to an organization's management, with principles and definitions that are intended to reduce diversity in the timing and content of disclosures that are commonly provided by organizations today in the financial statement footnotes. The amendments are effective for annual periods ending after December 15, 2016, and interim periods within annual periods beginning after December 15, 2016. Early application is permitted. The Company has not determined the effects of this update on the Company's financial position, result of operations or cash flows and disclosures at this time.
	In July 2013, the FASB issued ASU 2013-11, "Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carry Forward, a Similar Tax Loss, or a Tax Credit Carry Forward Exists." The updated guidance requires an entity to net its unrecognized tax benefits against the deferred tax assets for all same jurisdiction net operating loss carry forwards, a similar tax loss, or tax credit carry forwards. A gross presentation will be required only if such carry forwards are not available or would not be used by the entity to settle any additional income taxes resulting from disallowance of the uncertain tax provision. The update is effective prospectively for the Company's fiscal year beginning November 1, 2014. The Company does not believe the adoption of this update will have a material impact on the Company's financial position, results of operations or cash flows, and the disclosure requirements for the Company's consolidated financial statements.
	In April 2014, the FASB issued ASU 2014-08, "Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity." Under ASU 2014-08, only disposals representing a strategic shift in operations are presented as discontinued operations. In addition, ASU 2014-08 requires expanded disclosures about discontinued operations that will provide additional information about the assets, liabilities, income, and expenses of discontinued operations. ASU 2014-08 also requires disclosure of the pre-tax income attributable to a disposal of a significant part of an organization that does not qualify for discontinued operations reporting. The update is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2014. The Company has not determined the effects of this update on the Company's financial position, result of operations or cash flows and disclosures at this time.
	Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force) and the SEC did not or are not believed to have a material impact on the Company's present or future consolidated financial statements.

DISCONTINUED_OPERATIONS_Tables

DISCONTINUED OPERATIONS (Tables)	9 Months Ended
	Jul. 31, 2014
DISCONTINUED OPERATIONS [Abstract]	'
Schedule of Financial Information Included in Income and Balance Sheet from Discontinued Operations	'
	The following table details selected financial information included in the loss from discontinued operations for the three months and nine months ended July 31, 2014 and 2013 and the period from inception to date.
		For the Three Months Ended					For the Nine Months Ended
		July 31,					July 31,
		2014		2013			2014		2013
	Exploration and property holding costs	$	51,813	$	173,363		$	190,957	$	286,191
	Depreciation and asset impairment		97		3,534			198,940		10,994
	Provision for uncollectible value-added taxes		-		31,000			-		31,000
	Foreign currency transaction  loss (gain)		25,288		(14,271	)		21,587		(24,812	)
	Miscellaneous income		-		(491,522	)		-		(491,522	)
	Net loss (income)	$	77,198	$	(297,896	)	$	411,484	$	(188,149	)
	The major classes of assets and liabilities of Dome International and Dome Gabon presented as assets held for sale in the consolidated balance sheets are as follows:
		July 31,		October 31,
		2014		2013
	Assets
	Cash and cash equivalents	$	10,314	$	45,270
	Restricted cash		5,817		-
	Value-added tax receivable		8,546		8,767
	Prepaid expenses and deposits		12,061		-
	Other assets		62,772		-
	Office and mining equipment, net		13,743		25,130
	Property concession		1,251,193		1,474,870
	Total assets of discontinued operations held for sale	$	1,364,446	$	1,554,037
	Liabilities
	Accounts payable	$	12,363	$	3,942
	Total liabilities of discontinued operations held for sale	$	12,363	$	3,942

VALUEADDED_TAX_RECEIVABLE_Tabl

VALUE-ADDED TAX RECEIVABLE (Tables)	9 Months Ended
	Jul. 31, 2014
VALUE-ADDED TAX RECEIVABLE [Abstract]	'
Summary of the Changes in the Allowance for Uncollectible Taxes	'
	A summary of the changes in the allowance for uncollectible VAT taxes for the nine months ended July 31, 2014 is as follows:
		$	127,557
	Allowance for uncollectible VAT taxes - October 31, 2013
	Provision for uncollectible VAT Taxes		18,112
	Write-off VAT receivable		(23,001	)
	Foreign currency translation adjustment		(1,866	)
	Allowance for uncollectible VAT taxes - July 31, 2014	$	120,802

OFFICE_AND_MINING_EQUIPMENT_Ta

OFFICE AND MINING EQUIPMENT (Tables)	9 Months Ended
	Jul. 31, 2014
OFFICE AND MINING EQUIPMENT [Abstract]	'
Summary of Office and Mining Equipment	'
	The following is a summary of the Company's office and mining equipment at July 31, 2014 and October 31, 2013, respectively:
		July 31,			October 31,
		2014			2013
	Mining equipment	$	504,451		$	645,084
	Vehicles		81,261			81,261
	Buildings and structures		191,966			191,966
	Computer equipment and software		85,618			85,618
	Well equipment		39,637			39,637
	Office equipment		53,900			53,900
			956,833			1,097,466
	Less:  Accumulated depreciation		(574,175	)		(613,845	)
		$	382,658		$	483,621

PROPERTY_CONCESSIONS_Tables

PROPERTY CONCESSIONS (Tables)	9 Months Ended
	Jul. 31, 2014
PROPERTY CONCESSIONS [Abstract]	'
Summary of Property Concessions	'
	The following is a summary of the Company's property concessions in Mexico and Gabon as at July 31, 2014 and October 31, 2013, respectively:
		Sierra Mojada,			Mitzic,			Total
		Mexico			Gabon
	Property Concessions - October 31, 2013	$	6,419,833		$	322,141		$	6,741,974
	Acquisitions		377,845			-			377,845
	Impairment		(19,632	)		(324,560	)		(344,192	)
	Foreign currency translation adjustments		-			2,419			2,419
	Property Concessions - July 31, 2014	$	6,778,046		$	-		$	6,778,046

GOODWILL_Tables

GOODWILL (Tables)	9 Months Ended
	Jul. 31, 2014
GOODWILL [Abstract]	'
Summary of the Goodwill Balance	'
	The following is a summary of the Company's goodwill balance as at July 31, 2014 and October 31, 2013, respectively:
	Goodwill - October 31, 2013	$	18,495,031
	Goodwill - July 31, 2014	$	18,495,031

STOCK_OPTIONS_Tables

STOCK OPTIONS (Tables)	9 Months Ended
	Jul. 31, 2014
STOCK OPTIONS [Abstract]	'
Schedule of Assumptions Used to Value Stock Options Granted	'
	A summary of the range of assumptions used to value stock options granted for the nine months ended July 31, 2014 and 2013 are as follows:
			Nine Months Ended
			July 31,
	Options		2014		2013
	Expected volatility		-		54% - 70%
	Risk-free interest rate		-		0.29% - 0.88%
	Dividend yield		-		-
	Expected term (in years)		-		2.50 - 3.50
Schedule of Stock Option Activity	'
	The following is a summary of stock option activity for the nine months ended July 31, 2014:
	Options		Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (Years)				Aggregate Intrinsic Value
	Outstanding at October 31, 2013			9,205,477			$	0.58				3.45				-
	Forfeited or Cancelled			(374,999	)			0.54
	Outstanding at July 31, 2014			8,830,478			$	0.58				2.62			$	-
	Vested or Expected to Vest at July 31, 2014			8,830,478			$	0.58				2.62			$	-
	Exercisable at July 31, 2014			7,915,480			$	0.6				2.51			$	-
Schedule of Stock Options Outstanding and Exercisable by Exercise Price Range	'
	Summarized information about stock options outstanding and exercisable at July 31, 2014 is as follows:
	Options Outstanding
																	Options Exercisable
	Exercise Price				Number Outstanding				Weighted Average Remaining Contractual Life (Years)				Weighted Average Exercise Price				Number Exercisable		Weighted Average Exercise Price
	$	0.37 - 0.73				7,968,334				2.72			$	0.52				7,053,336	$	0.53
		1.00 - 1.20				805,000				1.55				1.11				805,000		1.11
		2.18				57,144				3.47				2.18				57,144		2.18
	$	0.37 - 2.18				8,830,478				2.62			$	0.58				7,915,480	$	0.6

WARRANTS_Tables

WARRANTS (Tables)	9 Months Ended
	Jul. 31, 2014
WARRANTS [Abstract]	'
Schedule of Warrant Activity	'
	A summary of warrant activity for the nine months ended July 31, 2014 is as follows:
	Warrants		Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (Years)				Aggregate Intrinsic Value
	Outstanding at October 31, 2013			12,643,500			$	0.55				0.79				-
	Outstanding at July 31, 2014			12,643,500			$	0.55				0.04			$	-
	Exercisable at July 31, 2014			12,643,500			$	0.55				0.04			$	-
Schedule of Warrants by Exercise Price Range	'
	Summarized information about warrants outstanding and exercisable at July 31, 2014 is as follows:
	Warrants Outstanding
																	Warrants Exercisable
	Exercise Price				Number Outstanding				Weighted Ave. Remaining Contractual Life (Years)				Weighted Average Exercise Price				Number Exercisable		Weighted Average Exercise Price
	$	0.55				12,643,500				0.04			$	0.55				12,643,500	$	0.55

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Jul. 31, 2014
COMMITMENTS AND CONTINGENCIES [Abstract]	'
Schedule of Payments Required to Obtain Full Ownership of Property Concessions	'
	Pursuant to the option purchase agreements, the Company is required to make certain payments over the terms of these contracts to obtain full ownership of these concessions as set forth in the table below:
	Nuevo Dulces Nombres (Centenario) and Yolanda III (2 concessions)
	Payment Date	Payment Amount(1)
	May-15	$30,000
	Monthly payment beginning August 2016 and ending July 2018	$20,000 per month
	-1	Until July 2018, the Company has the option of acquiring Nuevo Dulces Nombres (100% interest) for $4 million and Yolanda III (100% interest) for $2 million plus a lump sum payment equal to any remaining monthly payments.
	-2	If a change of control occurs prior to May 30, 2016 the Company is required to make a payment of $200,000 within 20 days of the change of control.
	Poder de Dios, Anexas a Poder de Dios, and Ampliacion a Poder de Dios (3 concessions)
	Payment Date	Payment Amount(1)
	Oct-14	$6 million
	April 2015(1)	$7 million
	(1)       Payments shown reflect the option purchase price for a period of six months from the payment date for the acquisition of 100% of the concessions. Subsequent to April 2015 the option purchase price is $7 million for the acquisition of 100% of the concession. In addition, the Company is required to make payments of $300,000 in April and October of each year until the option purchase is made otherwise the Company will lose its option in the concessions. The option purchase price until October 2014 is $6 million.

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	9 Months Ended
	Jul. 31, 2014
SEGMENT INFORMATION [Abstract]	'
Schedule of Net Income (Loss) by Segment	'
	Geographic information is approximately as follows:
			For the Three Months Ended								For the Nine Months Ended
			July 31,								July 31,
			2014				2013				2014				2013
	Net loss for the period
	Mexico		$	(281,000	)		$	(1,108,000	)		$	(985,000	)		$	(3,818,000	)
	Canada			(339,000	)			(636,000	)			(1,276,000	)			(2,090,000	)
	Gabon			(56,000	)			(12,000	)			(427,000	)			(54,000	)
	United States			-				-				-				-
	Loss from Continuing Operations			(676,000	)			(1,756,000	)			(2,688,000	)			(5,962,000	)
	Discontinued Operations			(77,000	)			298,000				(411,000	)			188,000
	Net Loss		$	(753,000	)		$	(1,458,000	)		$	(3,099,000	)		$	(5,774,000	)
Schedule of the Allocation of Assets by Segment	'
	The following table details allocation of assets included in the accompanying balance sheet at July 31, 2014:
			United States				Canada				Mexico				Gabon			Total
	Cash and cash equivalents		$	1,207,000			$	1,208,000			$	11,000			$	23,000		$	2,449,000
	Value-added tax receivable, net			-				-				191,000				3,000			194,000
	Other receivables			-				7,000				31,000				-			38,000
	Prepaid expenses and deposits			-				35,000				82,000				1,000			118,000
	Assets of discontinued operations held for sale			-				-				-				1,364,000			1,364,000
	Office and mining equipment, net			-				1,000				382,000				-			383,000
	Property concessions			-				-				6,778,000				-			6,778,000
	Goodwill			-				-				18,495,000				-			18,495,000
			$	1,207,000			$	1,251,000			$	25,970,000			$	1,391,000		$	29,819,000
	The following table details allocation of assets included in the accompanying balance sheet at October 31, 2013:
			United States				Canada				Mexico				Gabon			Total
	Cash and cash equivalents		$	3,076,000			$	2,087,000			$	23,000			$	20,000		$	5,206,000
	Value-added tax receivable, net			-				-				327,000				3,000			330,000
	Other receivables			-				20,000				47,000				-			67,000
	Prepaid expenses and deposits			-				137,000				98,000				1,000			236,000
	Assets of discontinued operations held for sale			-				-				-				1,554,000			1,554,000
	Office and mining equipment, net			-				4,000				480,000				-			484,000
	Property concessions			-				-				6,420,000				322,000			6,742,000
	Goodwill			-				-				18,495,000				-			18,495,000
			$	3,076,000			$	2,248,000			$	25,890,000			$	1,900,000		$	33,114,000
Schedule of Exploration and Property Holding Costs by Segment	'
	The following table details allocation of exploration and property holding costs for the exploration properties:
		For the Three Months Ended							For the Nine Months Ended
		July 31,							July 31,
		2014			2013				2014				2013
	Exploration and property holding costs for the period
	Mexico Sierra Mojada	$	(308,000	)	$	(1,102,000	)		$	(1,035,000	)		$	(3,808,000	)
	Gabon Mitzic		(22,000	)		(19,000	)			(400,000	)			(71,000	)
		$	(330,000	)	$	(1,121,000	)		$	(1,435,000	)		$	(3,879,000	)

ORGANIZATION_DESCRIPTION_OF_BU1

ORGANIZATION, DESCRIPTION OF BUSINESS AND LIQUIDITY (Details) (USD $)	Jul. 31, 2014	Oct. 31, 2013
ORGANIZATION, DESCRIPTION OF BUSINESS AND LIQUIDITY [Abstract]	'	'
Accumulated Deficit	$97,486,020	$94,386,856
Working capital	3,349,319	'
Assets of discontinued operations held for sale	1,364,446	1,554,037
Liabilities of discontinued operations held for sale	12,363	3,942
Cash and cash equivalents	$2,448,892	$5,205,733

DISCONTINUED_OPERATIONS_Narrat

DISCONTINUED OPERATIONS (Narrative) (Details)	1 Months Ended		9 Months Ended
	Dec. 31, 2013	Dec. 31, 2013	Jul. 31, 2014	Jul. 31, 2013
	USD ($)	CAD	USD ($)	USD ($)
DISCONTINUED OPERATIONS [Abstract]	'	'	'	'
Cash consideration	$1,500,000	'	'	'
Non-refundable deposit	25,000	'	'	'
Minimum proceeds condition of the transaction, from the sale of the third party's securities	'	4,000,000	'	'
Impairment of the Ndjole concession	'	'	191,568	'
VAT receivable	'	'	'	$491,522

DISCONTINUED_OPERATIONS_Schedu

DISCONTINUED OPERATIONS (Schedule of Financial Information Included in Income from Discontinued Operations) (Details) (USD $)	3 Months Ended		9 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Jul. 31, 2013
DISCONTINUED OPERATIONS [Abstract]	'	'	'	'
Exploration and property holding costs	$51,813	$173,363	$190,957	$286,191
Depreciation and asset impairment	97	3,534	198,940	10,994
Provision for uncollectible value-added taxes	'	31,000	'	31,000
Foreign currency transaction loss (gain)	25,288	-14,271	21,587	-24,812
Miscellaneous income	'	-491,522	'	-491,522
Net loss (income)	$77,198	($297,896)	$411,484	($188,149)

DISCONTINUED_OPERATIONS_Schedu1

DISCONTINUED OPERATIONS (Schedule of Major Classes of Assets and Liabilities Held for Sale in Balance Sheet) (Details) (USD $)	Jul. 31, 2014	Oct. 31, 2013
Assets	'	'
Cash and cash equivalents	$10,314	$45,270
Restricted cash	5,817	'
Value-added tax receivable	8,546	8,767
Prepaid expenses and deposits	12,061	'
Other assets	62,772	'
Office and mining equipment, net	13,743	25,130
Property concession	1,251,193	1,474,870
Total assets of discontinued operations held for sale	1,364,446	1,554,037
Liabilities	'	'
Accounts payable	12,363	3,942
Total liabilities of discontinued operations held for sale	$12,363	$3,942

LOSS_PER_SHARE_Details

LOSS PER SHARE (Details)	9 Months Ended
	Jul. 31, 2014	Jul. 31, 2013
LOSS PER SHARE [Abstract]	'	'
Anti-dilutive shares, stock options and warrants	21,473,978	22,110,173

VALUEADDED_TAX_RECEIVABLE_Narr

VALUE-ADDED TAX RECEIVABLE (Narrative) (Details) (USD $)	3 Months Ended		9 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Jul. 31, 2013	Oct. 31, 2013
Income Tax Examination [Line Items]	'	'	'	'	'
Value-added tax receivable, current	$194,123	'	$194,123	'	$329,508
(Recovery of) provision for uncollectible value-added taxes	($1,020)	$7,890	$18,112	$7,030	'

VALUEADDED_TAX_RECEIVABLE_Summ

VALUE-ADDED TAX RECEIVABLE (Summary of the Changes in the Allowance for Uncollectible Taxes) (Details) (USD $)	3 Months Ended		9 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Jul. 31, 2013
VALUE-ADDED TAX RECEIVABLE [Abstract]	'	'	'	'
Allowance for uncollectible VAT taxes, beginning balance	'	'	$127,557	'
Provision for uncollectible VAT Taxes	-1,020	7,890	18,112	7,030
Write-off VAT receivable	'	'	-23,001	'
Foreign currency translation adjustment	'	'	-1,866	'
Allowance for uncollectible VAT taxes, ending balance	$120,802	'	$120,802	'

OFFICE_AND_MINING_EQUIPMENT_De

OFFICE AND MINING EQUIPMENT (Details) (USD $)	Jul. 31, 2014	Oct. 31, 2013
Property, Plant and Equipment [Line Items]	'	'
Office and mining equipment, gross	$956,833	$1,097,466
Less: Accumulated depreciation	-574,175	-613,845
Office and mining equipment, net	382,658	483,621
Mining equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Office and mining equipment, gross	504,451	645,084
Vehicles [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Office and mining equipment, gross	81,261	81,261
Building and structures [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Office and mining equipment, gross	191,966	191,966
Computer equipment and software [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Office and mining equipment, gross	85,618	85,618
Well equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Office and mining equipment, gross	39,637	39,637
Office equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Office and mining equipment, gross	$53,900	$53,900

PROPERTY_CONCESSIONS_Details

PROPERTY CONCESSIONS (Details) (USD $)	9 Months Ended
	Jul. 31, 2014	Jul. 31, 2013
Property Concessions [Line Items]	'	'
Property Concessions, beginning balance	$6,741,974	'
Acquisitions	377,845	'
Impairment	-344,192	'
Foreign currency translation adjustment	2,419	'
Property Concessions, ending balance	6,778,046	'
Mexico, Sierra Mojada [Member]	'	'
Property Concessions [Line Items]	'	'
Property Concessions, beginning balance	6,419,833	'
Acquisitions	377,845	'
Impairment	-19,632	'
Foreign currency translation adjustment	'	'
Property Concessions, ending balance	6,778,046	'
Capitalized property concessions write-off	19,632	714,038
Mitzic, Gabon [Member]	'	'
Property Concessions [Line Items]	'	'
Property Concessions, beginning balance	322,141	'
Acquisitions	'	'
Impairment	-324,560	'
Foreign currency translation adjustment	2,419	'
Property Concessions, ending balance	'	'
Capitalized property concessions write-off	$324,560	'

GOODWILL_Details

GOODWILL (Details) (USD $)	Jul. 31, 2014	Oct. 31, 2013
GOODWILL [Abstract]	'	'
Goodwill	$18,495,031	$18,495,031

SHAREHOLDER_RIGHTS_PLAN_Detail

SHAREHOLDER RIGHTS PLAN (Details) (USD $)	Jul. 31, 2014	Oct. 31, 2013	Jul. 31, 2014
			Shareholder Rights [Member]
Class of Warrant or Right [Line Items]	'	'	'
Shareholder Rights, record date	'	'	22-Jun-07
Common stock, shares outstanding	159,072,657	159,072,657	159,072,657
Expiration date of Shareholders Rights	'	'	11-Jun-17
Purchase price per Right	'	'	$20
Minimum purchase of ownership percentage to activate Rights	'	'	20.00%

COMMON_STOCK_Details

COMMON STOCK (Details) (USD $)	9 Months Ended			1 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Oct. 31, 2013	Feb. 28, 2013	Feb. 14, 2013
				Public Offering [Member]	Public Offering [Member]
Stockholders Equity Note [Line Items]	'	'	'	'	'
Stock issued during period, shares	'	'	'	22,912,500	'
Common stock issued, price per share	'	'	'	'	$0.40
Number of common shares issued per unit	'	'	'	1	'
Number of warrants issued per unit	'	'	'	0.5	'
Proceeds from issuance of common stock, net of offering costs	'	$8,094,725	'	$9,165,000	'
Number of common shares called by each warrant	'	'	'	'	1
Warrants Outstanding, Exercise Price	$0.55	'	'	'	$0.55
Warrant term	'	'	'	'18 months	'
Cash commission expressed as percentage of gross proceeds	'	'	'	'	6.00%
Proceeds from units sold to purchasers arranged by the Company	'	'	'	2,500,000	'
Cash commission expressed as percentage of gross proceeds from units sold to purchasers arranged by the Company	'	'	'	'	3.00%
Commission paid	'	'	'	474,900	'
Warrants issued	12,643,500	'	12,643,500	'	1,187,250
Warrants issued for offering costs (Note 13)	'	51,672	'	51,672	'
Offering costs associated with issuance of stock	'	'	'	'	$595,375

STOCK_OPTIONS_Narrative_Detail

STOCK OPTIONS (Narrative) (Details) (USD $)	9 Months Ended
	Jul. 31, 2014	Jul. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Total options granted during the period	'	2,515,000
Weighted-average grant date fair value of options granted during period	'	$0.15
Stock-based compensation costs recognized during the period	$145,413	$479,253
Total unrecognized compensation costs related to non-vested share based compensation arrangements granted under qualified stock option plans	$43,183	'
Stock Options [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Weighted-average period for remaining compensation costs to be recognized	'4 months 17 days	'
Minimum [Member] | Stock Options [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Vesting period for plan	'1 year	'
Contractual term for options	'5 years	'
Maximum [Member] | Stock Options [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Vesting period for plan	'2 years	'
Contractual term for options	'10 years	'
2006 Stock Option Plan [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
The number of shares authorized under the plan	5,000,000	'
2010 Stock Option and Stock Bonus Plan	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
The number of shares authorized under the plan	30,000,000	'

STOCK_OPTIONS_Schedule_of_Assu

STOCK OPTIONS (Schedule of Assumptions Used to Value Stock Options Granted) (Details)	9 Months Ended
	Jul. 31, 2014	Jul. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Expected volatility, minimum	'	54.00%
Expected volatility, maximum	'	70.00%
Risk-free interest rate, minimum	'	0.29%
Risk-free interest rate, maximum	'	0.88%
Dividend yield	'	'
Minimum [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Contractual term	'	'2 years 6 months
Maximum [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Contractual term	'	'3 years 6 months

STOCK_OPTIONS_Summary_of_Stock

STOCK OPTIONS (Summary of Stock Option Activity) (Details) (USD $)	9 Months Ended	12 Months Ended
	Jul. 31, 2014	Oct. 31, 2013
Shares	'	'
Outstanding	9,205,477	'
Forfeited or Cancelled	-374,999	'
Outstanding, ending	8,830,478	9,205,477
Weighted Average Exercise Price	'	'
Outstanding	$0.58	'
Forfeited or Cancelled	$0.54	'
Outstanding, ending	$0.58	$0.58
Weighted average remaining contractual life, Outstanding	'2 years 7 months 13 days	'3 years 5 months 12 days
Aggregate intrinsic value, Outstanding	'	'
Vested or Expected to Vest:	'	'
Shares	8,830,478	'
Weighted average exercise price	$0.58	'
Weighted average remaining contractual life	'2 years 7 months 13 days	'
Aggregate intrinsic value	'	'
Exercisable	'	'
Shares	7,915,480	'
Weighted average exercise price	$0.60	'
Weighted average remaining contractual life, Exercisable	'2 years 6 months 4 days	'
Aggregate intrinsic value, Exercisable	'	'

STOCK_OPTIONS_Summarized_Infor

STOCK OPTIONS (Summarized Information of Stock Options Outstanding and Exercisable) (Details) (USD $)	9 Months Ended
	Jul. 31, 2014
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Minimum exercise price	$0.37
Maximum exercise price	$2.18
Number of options outstanding	8,830,478
Weighted Average Remaining Contractual Life (Years)	'2 years 7 months 13 days
Weighted Average Exercise Price	$0.58
Number Exercisable	7,915,480
Options Exercisable - Weighted Average Exercise Price	$0.60
Exercise Price Range One [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Minimum exercise price	$0.37
Maximum exercise price	$0.73
Number of options outstanding	7,968,334
Weighted Average Remaining Contractual Life (Years)	'2 years 8 months 19 days
Weighted Average Exercise Price	$0.52
Number Exercisable	7,053,336
Options Exercisable - Weighted Average Exercise Price	$0.53
Exercise Price Range Two [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Minimum exercise price	$1
Maximum exercise price	$1.20
Number of options outstanding	805,000
Weighted Average Remaining Contractual Life (Years)	'1 year 6 months 18 days
Weighted Average Exercise Price	$1.11
Number Exercisable	805,000
Options Exercisable - Weighted Average Exercise Price	$1.11
Exercise Price Range Three [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Minimum exercise price	$2.18
Maximum exercise price	$2.18
Number of options outstanding	57,144
Weighted Average Remaining Contractual Life (Years)	'3 years 5 months 19 days
Weighted Average Exercise Price	$2.18
Number Exercisable	57,144
Options Exercisable - Weighted Average Exercise Price	$2.18

WARRANTS_Narrative_Details

WARRANTS (Narrative) (Details) (USD $)	9 Months Ended			1 Months Ended	9 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2013	Aug. 31, 2014	Jul. 31, 2013
			Warrants granted in connection with the Offering [Member]	Warrants granted in connection with the Offering [Member]	Warrants granted for compensation [Member]
				Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'
Warrants granted in connection with the Offering	'	'	11,456,250	'	1,187,250
Warrants issued for offering costs (Note 13)	'	$51,672	'	'	'
Expected volatility	'	'	50.00%	'	'
Risk free interest rate	'	'	0.22%	'	'
Dividend yield	'	'	0.00%	'	'
Contractual term	'	'	'1 year 6 months	'	'
Expired	'	'	'	12,643,500	'

WARRANTS_Summary_of_Warrant_Ac

WARRANTS (Summary of Warrant Activity) (Details) (USD $)	9 Months Ended	12 Months Ended
	Jul. 31, 2014	Oct. 31, 2013
WARRANTS [Abstract]	'	'
Warrants Outstanding	12,643,500	12,643,500
Weighted Average Exercise Price, Outstanding	$0.55	$0.55
Weighted Average Remaining Contractual Life, Outstanding	'15 days	'9 months 15 days
Aggregate Intrinsic Value, Outstanding	'	'
Warrants Exercisable	12,643,500	'
Weighted Average Exercise Price, Exercisable	$0.55	'
Weighted Average Remaining Contractual Life, Exercisable	'15 days	'
Aggregate Intrinsic Value, Exercisable	'	'

WARRANTS_Summarized_Informatio

WARRANTS (Summarized Information of Warrants Outstanding and Exercisable) (Details) (USD $)	9 Months Ended	12 Months Ended
	Jul. 31, 2014	Oct. 31, 2013
WARRANTS [Abstract]	'	'
Warrants Outstanding, Exercise Price	$0.55	'
Warrants Outstanding	12,643,500	12,643,500
Weighted Average Remaining Contractual Life, Outstanding	'15 days	'9 months 15 days
Weighted Average Exercise Price, Outstanding	$0.55	$0.55
Warrants Exercisable	12,643,500	'
Weighted Average Exercise Price, Exercisable	$0.55	'

FINANCIAL_INSTRUMENTS_Details

FINANCIAL INSTRUMENTS (Details)	9 Months Ended
	Jul. 31, 2014	Jul. 31, 2014	Oct. 31, 2013
	USD ($)	CAD	USD ($)
FINANCIAL INSTRUMENTS [Abstract]	'	'	'
Cash balance insured by FDIC per financial institution	$250,000	'	'
Cash balance insured by CDIC per financial institution	'	100,000	'
Total uninsured cash balances held with U.S. and Canadien financial institutions	2,073,014	'	4,844,049
Effect of a 1% decrease in interest rates on interest income	3,249	'	'
Value of total cash accounts held in Mexico and Gabon	$44,483	'	$87,889

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Narrative) (Details) (CAD)	1 Months Ended	9 Months Ended
	Jul. 31, 2014	Jul. 31, 2014
Office Lease Commitment:	'	'
Monthly rental payment due from year two through year four	7,743	7,743
Monthly rental payment due during year five	7,981	7,981
Lease term	'	'5 years
Foreign currency exchange rate translation	1.09	1.09
Lease expiration	'	31-Mar-17
Litigation and Claims:	'	'
Interest rate sought on the Royalty	6.00%	'

COMMITMENTS_AND_CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Property Concessions) (Details)

Jul. 31, 2014

Jul. 31, 2014

Jul. 31, 2014

Jul. 31, 2014

Jul. 31, 2014

Jul. 31, 2014

Jul. 31, 2014

Jul. 31, 2014

Jul. 31, 2014

Jul. 31, 2014

Jul. 31, 2014

Jul. 31, 2014

Nuevo Dulces Nombres (Centenario) and Yolanda III [Member]

Poder de Dios, Anexas a Poder de Dios, and Ampliacion a Poder de Dios [Member]

Gabon [Member]

Gabon [Member]

Ndjole, Gabon [Member]

Ndjole, Gabon [Member]

Mitzic, Gabon [Member]

Mitzic, Gabon [Member]

Nuevo Dulces Nombres [Member]

Yolanda III [Member]

Sierra Mojada [Member]

USD ($)

USD ($)

USD ($)

XAF

USD ($)

XAF

USD ($)

XAF

USD ($)

USD ($)

USD ($)

Property Concessions By Location Of Concessions [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Monthly payment through 48 months after the initial payment date to obtain full ownership of concession

'

$20,000

[1]

'

'

'

'

'

'

'

'

'

'

Payment required to obtain full ownership of property concessions, payment one

'

30,000

[1]

'

'

'

'

'

'

'

'

'

'

Purchase price for the acquisition of 100% of the concession at time of option purchase price one

'

'

6,000,000

[2]

'

'

'

'

'

'

'

'

'

Purchase price for the acquisition of 100% of the concession at time of option purchase price two

'

'

7,000,000

[2]

'

'

'

'

'

'

'

'

'

Purchase price for the acquisition of 100% of the concession

'

'

'

'

'

'

'

'

'

4,000,000

2,000,000

'

Half yearly payment required to maintain acquisition option of concessions

'

200,000

300,000

'

'

'

'

'

'

'

'

'

Expenditure reduction

'

'

'

'

'

5,714,360

2,794,322,270

541,405

264,746,831

'

'

'

The cost to renew each exploration license for a third term of three years

'

'

'

'

'

5,983,640

2,926,000,000

1,842,536

901,000,000

'

'

'

Aggregate cost to renew exploration licenses in the third term

'

'

'

1,635,991

800,000,000

'

'

'

'

'

'

'

Foreign currency exchange rate translation

1.09

'

'

489

489

'

'

'

'

'

'

'

Number of concessions per property

'

2

3

'

'

'

'

'

'

'

'

'

Payment date of first property concession payment

'

1-Aug-16

1-Oct-14

'

'

'

'

'

'

'

'

'

Payment date of second property concession payment

'

'

1-Apr-15

[2]

'

'

'

'

'

'

'

'

'

Date the property acquisition option expires

'

31-Jul-18

'

'

'

'

'

'

'

'

'

'

Percentage rate of net smelter return royalties

'

'

'

'

'

'

'

'

'

'

'

2.00%

The maximum net smelter return royalties that can be paid

'

'

'

'

'

'

'

'

'

'

'

$6,875,000

[1]

Until July 2018, the Company has the option of acquiring Nuevo Dulces Nombres (100% interest) for $4 million and Yolanda III (100% interest) for $2 million plus a lump sum payment equal to any remaining monthly payments.

[2]

Payments shown reflect the option purchase price for a period of six months from the payment date for the acquisition of 100% of the concessions. Subsequent to April 2015 the option purchase price is $7 million for the acquisition of 100% of the concession. In addition, the Company is required to make payments of $300,000 in April and October of each year until the option purchase is made otherwise the Company will lose its option in the concessions. The option purchase price until October 2014 is $6 million.

SEGMENT_INFORMATION_Schedule_o

SEGMENT INFORMATION (Schedule of Segment Net Loss) (Details) (USD $)	3 Months Ended		9 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Jul. 31, 2013
Segment Reporting Information [Line Items]	'	'	'	'
Loss from Continuing Operations	($675,373)	($1,756,551)	($2,687,680)	($5,961,819)
Discontinued Operations	-77,198	297,896	-411,484	188,149
Net loss	-752,571	-1,458,655	-3,099,164	-5,773,670
Mexico [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Loss from Continuing Operations	-281,000	-1,108,000	-985,000	-3,818,000
Canada [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Loss from Continuing Operations	-339,000	-636,000	-1,276,000	-2,090,000
Gabon [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Loss from Continuing Operations	-56,000	-12,000	-427,000	-54,000
United States [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Loss from Continuing Operations	'	'	'	'

SEGMENT_INFORMATION_Schedule_o1

SEGMENT INFORMATION (Schedule of Segment Assets) (Details) (USD $)	Jul. 31, 2014	Oct. 31, 2013
Segment Reporting Information [Line Items]	'	'
Cash and cash equivalents	$2,448,892	$5,205,733
Value-added tax receivable, current	194,123	329,508
Other receivables	38,101	67,094
Prepaid expenses and deposits	118,152	236,739
Assets of discontinued operations held for sale	1,364,446	1,554,037
Office and mining equipment, net	382,658	483,621
Property concessions	6,778,046	6,741,974
Goodwill	18,495,031	18,495,031
TOTAL ASSETS	29,819,449	33,114,133
United States [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Cash and cash equivalents	1,207,000	3,076,000
Value-added tax receivable, current	'	'
Other receivables	'	'
Prepaid expenses and deposits	'	'
Assets of discontinued operations held for sale	'	'
Office and mining equipment, net	'	'
Property concessions	'	'
Goodwill	'	'
TOTAL ASSETS	1,207,000	3,076,000
Canada [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Cash and cash equivalents	1,208,000	2,087,000
Value-added tax receivable, current	'	'
Other receivables	7,000	20,000
Prepaid expenses and deposits	35,000	137,000
Assets of discontinued operations held for sale	'	'
Office and mining equipment, net	1,000	4,000
Property concessions	'	'
Goodwill	'	'
TOTAL ASSETS	1,251,000	2,248,000
Mexico [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Cash and cash equivalents	11,000	23,000
Value-added tax receivable, current	191,000	327,000
Other receivables	31,000	47,000
Prepaid expenses and deposits	82,000	98,000
Assets of discontinued operations held for sale	'	'
Office and mining equipment, net	382,000	480,000
Property concessions	6,778,000	6,420,000
Goodwill	18,495,000	18,495,000
TOTAL ASSETS	25,970,000	25,890,000
Gabon [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Cash and cash equivalents	23,000	20,000
Value-added tax receivable, current	3,000	3,000
Other receivables	'	'
Prepaid expenses and deposits	1,000	1,000
Assets of discontinued operations held for sale	1,364,000	1,554,000
Office and mining equipment, net	'	'
Property concessions	'	322,000
Goodwill	'	'
TOTAL ASSETS	$1,391,000	$1,900,000

SEGMENT_INFORMATION_Schedule_o2

SEGMENT INFORMATION (Schedule of Segment Exploration and Property Holding Costs) (Details) (USD $)	3 Months Ended		9 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Jul. 31, 2014	Jul. 31, 2013
Segment Reporting Information [Line Items]	'	'	'	'
Exploration and property holding costs for the period	($330,409)	($1,120,991)	($1,435,357)	($3,879,128)
Mexico, Sierra Mojada [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Exploration and property holding costs for the period	-308,000	-1,102,000	-1,035,000	-3,808,000
Mitzic, Gabon [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Exploration and property holding costs for the period	($22,000)	($19,000)	($400,000)	($71,000)