First Colombia Gold (FCGD) Inactive 10-Q19 Nov 132013 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2013
Document And Entity Information	'
Entity Registrant Name	'FIRST COLOMBIA GOLD CORP.
Entity Central Index Key	'0001045929
Document Type	'10-Q
Document Period End Date	30-Sep-13
Amendment Flag	'false
Current Fiscal Year End Date	'--12-31
Is Entity a Well-known Seasoned Issuer?	'No
Is Entity a Voluntary Filer?	'No
Is Entity's Reporting Status Current?	'Yes
Entity Filer Category	'Smaller Reporting Company
Entity Common Stock, Shares Outstanding	368,871,415
Document Fiscal Period Focus	'Q3
Document Fiscal Year Focus	'2013

Interim_Consolidated_Balance_S

Interim Consolidated Balance Sheets (Unaudited) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Current	'	'
Amounts receivable (Note 6)	'	$27,500
Mineral property interests (Note 3)	1,000	32,500
Property and equipment (Note 4)	4,553	5,874
Assets	5,553	65,874
Current	'	'
Bank indebtedness	'	13
Accounts payable and accrued liabilities (Note 5)	288,609	528,255
Current portion of convertible promissory notes (Note 6)	34,975	69,730
Liabilities current	323,584	597,998
Promissory notes (Note 7)	202,476	'
Liabilities	526,060	597,998
Stockholders' deficiency	'	'
Preferred stock 150,000,000 blank check preferred shares, no par value 50,000,000 designated class A preferred shares, par value $0.001 Issued and outstanding 30 September 2013 - 47,568,500 class A preferred shares, par value $0.001 31 December 2012 - Nil class A preferred shares, par value $0.001	47,569	'
Common stock (Note 9) Authorized 850,000,000 common shares, par value $0.00001 and 30 September 2013 - 368,871,415 common shares, par value $0.00001 31 December 2012 - 83,686,238 common shares, par value $0.00001	3,689	837
Additional paid in capital	18,805,783	18,554,809
Deficit, accumulated during the exploration stage	-19,377,548	-19,087,770
StockholdersEquity	-520,507	-532,124
LiabilitiesAndStockholdersEquity	$5,553	$65,874

Interim_Consolidated_Balance_S1

Interim Consolidated Balance Sheets (Unaudited) (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Statement of Financial Position [Abstract]	'	'
Common Stock Par Value	$0.00	$0.00
Common Stock Shares Authorized	850,000,000	850,000,000
Common Stock Shares Issued	368,871,415	83,686,238
Common Stock Shares Outstanding	368,871,415	83,686,238
Preferred Stock Par Value	$0.00	$0.00
Preferred Stock Shares Authorized	50,000,000	50,000,000
Preferred Stock Issued	47,568,500	0
Preferred Stock Outstanding	47,568,500	0

Interim_Consolidated_Statement

Interim Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended		193 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Expenses	'	'	'	'	'
Amortization - equipment (Note 4)	$440	$899	$1,321	$2,697	$45,056
Amortization - website development cost	'	'	'	'	40,001
Bank charges and interest (Note 6)	32,663	29,582	90,357	64,037	1,732,412
Consulting and management fees (Note 8)	42,173	10,500	78,473	29,250	5,420,155
Foreign exchange loss	'	'	'	'	19,657
Investor communication and promotion	14,500	175	23,775	175	656,521
Office and administrative	1,040	1,100	2,835	1,117	113,629
Professional fees	7,843	6,748	41,322	37,879	914,590
Rent	'	'	'	600	57,016
Stock-based compensation (Note 9)	'	'	'	'	22,399
Telephone	'	'	'	'	54,659
Transfer agent and filing fees	7,614	7,845	24,275	26,340	124,795
Travel and accommodation	'	'	'	'	377,754
Website maintenance	'	'	'	'	86,000
Mineral property exploration expenditures (Note 3)	12,000	12,319	41,500	29,819	5,144,574
Net operating loss before other items	-118,273	-69,168	-303,858	-191,914	-14,809,218
Other items	'	'	'	'	'
Forgiveness of debt (Note 5)	5,373	'	50,730	'	89,730
Gain on sale of oil and gas property	'	'	'	'	10,745
Interest income	'	'	'	'	102,561
Recovery of expenses	'	'	'	'	4,982
Provision for write-down of mineral property interests (Note 3)	'	'	-36,650	'	-5,069,650
Write-down of incorporation cost	'	'	'	'	-12,500
Write-down of assets	'	'	'	'	-14,111
Net operating loss before income taxes	-112,900	-69,168	-289,778	-191,914	-19,697,461
Future income tax recovery	'	'	'	'	2,319,871
Net operating loss from continuing operations	-112,900	-69,168	-289,778	-191,914	-17,377,590
Discontinued operations of Beardmore Holdings, Inc.	'	'	'	'	-1,999,958
Net operating loss and comprehensive loss for the period	($112,900)	($69,168)	($289,778)	($191,914)	($19,377,548)
Basic and diluted loss per common share	'	'	'	'	'
Basic and diluted loss per common share	$0	($0.00)	($0.00)	($0.00)	'
Weighted average number of common shares used in per share calculations	315,574,266	47,215,190	236,764,761	43,611,525	'

Interim_Consolidated_Statement1

Interim Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended		9 Months Ended		193 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Cash flows used in operating activities	'	'	'	'	'
Net loss for the period	($112,900)	($69,168)	($289,778)	($191,914)	($17,377,590)
Adjustments to reconcile loss to net cash used by operating activities:	'	'	'	'	'
Amortization	440	899	1,321	2,697	85,057
Accrued interest	32,663	29,095	90,370	62,951	1,716,136
Consulting fees	'	'	'	'	40,200
Forgiveness of debt	-5,373	'	-50,730	'	-74,730
Future income tax recovery	'	'	'	'	-2,319,871
Gain on sale of oil and gas property	'	'	'	'	-10,745
Mineral property acquisition	'	'	'	'	1,816,000
Stock-based compensation	'	'	'	'	3,609,399
Provision for write-down of mineral property interests	'	'	36,650	'	5,069,650
Changes in operating assets and liabilities	'	'	'	'	'
Amounts receivable	'	'	27,500	'	'
Accounts payable and accrued liabilities	72,175	25,253	115,835	59,195	639,637
Net cash used in continuing operating activities	-12,995	-14,921	-68,832	-67,071	-6,806,858
Net cash used in discontinued operations	'	'	'	'	-186,440
Cash flows from financing activities	'	'	'	'	'
Bank indebtedness	'	'	-13	'	'
Cost of repurchase of common stock	'	'	'	'	-1,000
Convertible promissory notes	12,995	'	72,995	65,000	202,995
Warrants exercised	'	'	'	'	100,000
Issuance of common stock, net of share issue costs	'	'	'	'	8,311,915
Net cash from continuing financing activities	12,995	'	72,982	65,000	8,613,910
Cash flows used in investing activities	'	'	'	'	'
Proceeds from sale of oil and gas property	'	'	'	'	46,200
Oil and gas property acquisitions	'	'	'	'	-2,846
Oil and gas exploration	'	'	'	'	-22,609
Mineral property acquisition	'	'	-4,150	'	-52,759
Purchase of equipment	'	'	'	'	-53,550
Website development cost	'	'	'	'	-40,000
Net cash used in continuing investing activities	'	'	-4,150	'	-125,564
Net cash used in discontinued operations	'	'	'	'	-1,499,422
Increase in cash and cash equivalents	'	-14,921	'	-2,071	'
Cash and cash equivalents, beginning of period	'	15,044	'	2,194	'
Cash and cash equivalents, end of period	'	$123	'	$123	'

1_Nature_Basis_of_Presentation

1. Nature, Basis of Presentation	9 Months Ended
1. Nature, Basis of Presentation	Sep. 30, 2013
Notes to Financial Statements	'
Nature, Basis of Presentation and Continuance of Operations	'
	First Colombia Gold Corp. (the “Company”) was incorporated under the laws of the State of Nevada, U.S.A. under the name “Gondwana Energy, Ltd.” on 5 September 1997. On 23 January 2007, the Company changed its name to “Finmetal Mining Ltd.”. On 27 November 2006, the Company completed the acquisition of 100% of the shares of Finmetal Mining OY (“Finmetal OY”), a company incorporated under the laws of Finland. During the fiscal year ended 31 December 2006, the Company changed its operational focus from development of oil and gas properties, to acquisition of, exploration for and development of mineral properties in Finland.

	On 22 May 2008, the Company changed its name to “Amazon Goldsands Ltd.” and on 18 September 2008, the Company entered into a Mineral Rights Option Agreement and concurrently re-focused on the acquisition of, exploration for and development of mineral properties located in Peru. On 29 November 2010, the Company changed its name to “First Colombia Gold Corp.”. The Company changed its name pursuant to a parent/subsidiary merger between the Company (as Amazon Goldsands Ltd.) and its wholly-owned non-operating subsidiary, First Colombia Gold Corp., which was established for the purpose of giving effect to this name change. In 2011 the Company expanded geographic focus to include North America, acquiring two mineral property interests while terminating its agreements related to the mineral property located in Peru in September 2011.

	The Company is an exploration stage enterprise, as defined in Accounting Standards Codification (the “Codification” or “ASC”) 915-10, “Development Stage Entities”. The Company is devoting all of its present efforts in securing and establishing a new business. Its planned principal operations have not commenced and no revenue has been derived during the organization period.

	The business of mining and exploring for minerals involves a high degree of risk and there can be no assurance that current exploration programs will result in profitable mining operations. The recoverability of the carrying value of exploration properties and the Company’s continued existence are dependent upon the preservation of its interest in the underlying properties, the discovery of economically recoverable reserves, the achievement of profitable operations, or the ability of the Company to raise alternative financing, if necessary, or alternatively upon the Company’s ability to dispose of its interests on an advantageous basis. Changes in future conditions could require material write downs of the carrying values.

	Although the Company has taken steps to verify the title to the properties on which it is conducting exploration and in which it has an interest, in accordance with industry standards for the current stage of exploration of such properties, these procedures do not guarantee the Company’s title. Property title may be subject to unregistered prior agreements and non-compliance with regulatory requirements.

	The accompanying interim consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Finmetal OY, a company incorporated under the laws of Finland, since its date of acquisition on 27 November 2006 and the results of Beardmore Holdings, Inc. (“Beardmore”), a company incorporated under the laws of Panama, to the date of disposal on 21 September 2011.

	The accompanying interim consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) applicable to exploration stage enterprises, and are expressed in U.S. dollars. The Company’s fiscal year end is 31 December.

	The Company’s interim consolidated financial statements as at 30September 2013 and for the six month period then ended have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business.

	The Company had a net loss of $289,778 for the nine month period ended 30 September 2013 (30 September 2012 - $191,914, cumulative - $19,377,548) and has a working capital deficit of $323,584 at 30 September 2013 (31 December 2012 – $570,498), but management cannot provide assurance that the Company will ultimately achieve profitable operations or become cash flow positive, or raise additional debt and/or equity capital. The Company’s solvency, ability to meet its liabilities as they become due and to continue its operations, is essentially solely dependent at present on funding provided by Asher Enterprises, Inc. (“Asher”). If Asher is unwilling to provide ongoing funding to the Company and/or if the Company is unable to raise additional capital in the immediate future, the Company will need to curtail operations, liquidate assets, seek additional capital on less favourable terms and/or pursue other remedial measures or cease operations. This material uncertainty may cast significant doubt about the ability of the Company to continue as a going concern. These interim consolidated financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern including adjustments related to employee severance pay and other costs related to ceasing operations.

2_Significant_Accounting_Polic

2. Significant Accounting Policies	9 Months Ended
	Sep. 30, 2013
Notes to Financial Statements	'
Significant Accounting Policies	'
	The following is a summary of significant accounting policies used in the preparation of these interim consolidated financial statements.

	Principles of consolidation

	All inter-company balances and transactions have been eliminated in these interim consolidated financial statements.

	Cash and cash equivalents

	The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents.

	Property and equipment

	Furniture, computer equipment, office equipment and computer software are carried at cost and are amortized over their estimated useful lives at rates as follows:

	Furniture, computer and office equipment	30%
	Computer software	100%

	The property and equipment is written down to its net realizable value if it is determined that its carrying value exceeds estimated future benefits to the Company.

	Mineral property costs

	Mineral property acquisition costs are initially capitalized as tangible assets when purchased. At the end of each fiscal quarter, the Company assesses the carrying costs for impairment. If proven and probable reserves are established for a property and it has been determined that a mineral property can be economically developed, costs will be amortized using the units-of-production method over the estimated life of the probable reserve.

	Mineral property exploration costs are expensed as incurred.

	Estimated future removal and site restoration costs, when determinable, are provided over the life of proven reserves on a units-of-production basis. Costs, which include production equipment removal and environmental remediation, are estimated each period by management based on current regulations, actual expenses incurred, and technology and industry standards. Any charge is included in exploration expense or the provision for depletion and depreciation during the period and the actual restoration expenditures are charged to the accumulated provision amounts as incurred.

	As of the date of these interim consolidated financial statements, the Company has not established any proven or probable reserves on its mineral properties and incurred only acquisition and exploration costs.

	Although the Company has taken steps to verify title to mineral properties in which it has an interest, according to the usual industry standards for the stage of exploration of such properties, these procedures do not guarantee the Company’s title. Such properties may be subject to prior agreements or transfers and title may be affected by undetected defects.

	Segments of an enterprise and related information

	ASC 280, “Segment Reporting” establishes guidance for the way that public companies report information about operating segments in annual financial statements and requires reporting of selected information about operating segments in financial statements issued to the public. It also establishes standards for disclosures regarding products and services, geographic areas and major customers. ASC 280 defines operating segments as components of a company about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.

	Environmental costs

	Environmental expenditures that are related to current operations are charged to operations or capitalized as appropriate. Expenditures that relate to an existing condition caused by past operations, and which do not contribute to current or future revenue generation, are charged to operations. Liabilities are recorded when environmental assessments and/or remedial efforts are probable, and the cost can be reasonably estimated. Generally, the timing of these accruals coincides with the earlier of completion of a feasibility study or the Company’s commitments to a plan of action based on the then known facts.
	Comparative figures

	Certain comparative figures have been adjusted to conform to the current period’s presentation.

	Comprehensive loss

	ASC 220, “Comprehensive Income” establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As at 30 September 2013, the Company did not have items that represent a comprehensive loss and, therefore, has not included a schedule of comprehensive loss in the interim consolidated financial statements.

	Foreign currency translation

	The Company’s functional and reporting currency is U.S. dollars. The interim consolidated financial statements of the Company are translated to U.S. dollars in accordance with ASC 830, “Foreign Currency Matters.” Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of income. The Company has not, to the date of these interim consolidated financial statements, entered into derivative instruments to offset the impact of foreign currency fluctuations.

	Stock-based compensation

	Effective 1 January 2006, the Company adopted the provisions of ASC 718, “Compensation – Stock Compensation”, which establishes accounting for equity instruments exchanged for employee services. Under the provisions of ASC 718, stock-based compensation cost is measured at the grant date, based on the calculated fair value of the award, and is recognized as an expense over the employees’ requisite service period (generally the vesting period of the equity grant). The Company adopted ASC 718 using the modified prospective method, which requires the Company to record compensation expense over the vesting period for all awards granted after the date of adoption, and for the unvested portion of previously granted awards that remain outstanding at the date of adoption. Accordingly, the financial statements for the periods prior to 1 January 2006 have not been restated to reflect the fair value method of expensing stock-based compensation. The adoption of ASC 718 did not change the way the Company accounts for stock-based payments to non-employees, with guidance provided by ASC 505-50, “Equity-Based Payments to Non-Employees”.

	Long-lived assets impairment

	Long-term assets of the Company are reviewed for impairment whenever events or circumstances indicate that the carrying amount of assets may not be recoverable, pursuant to guidance established in ASC 360-10-35-15, “Impairment or Disposal of Long-Lived Assets”. Management considers assets to be impaired if the carrying value exceeds the future projected cash flows from related operations (undiscounted and without interest charges). If impairment is deemed to exist, the assets will be written down to fair value. Fair value is generally determined using a discounted cash flow analysis.

	Financial instruments

	The carrying value of accounts payable and convertible promissory notes approximates their fair value because of the short maturity of these instruments. The Company’s financial risk is the risk that arises from fluctuations in foreign exchange rates and the degree of volatility of these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk.

	Basic and diluted loss per share

The Company computes net loss per share in accordance with ASC 260, “Earnings per Share”. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net loss available to common stockholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excluded all dilutive potential shares if their effect was anti-dilutive.

Income taxes

Deferred income taxes are reported for timing differences between items of income or expense reported in the financial statements and those reported for income tax purposes in accordance with ASC 740, “Income Taxes”, which requires the use of the asset/liability method of accounting for income taxes. Deferred income taxes and tax benefits are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and for tax losses and credit carry-forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Company provides for deferred taxes for the estimated future tax effects attributable to temporary differences and carry-forwards when realization is more likely than not.

Convertible debt

The Company has adopted ASC 470-20, “Debt with Conversion and Other Options” and applies this guidance retrospectively to all periods presented upon those fiscal years. ASC 470-20 requires the liability and equity components to be separately accounted for in a manner that will reflect the entity’s nonconvertible debt borrowing rate. The Company will allocate a portion of the proceeds received from the issuance of convertible notes between a liability and equity component by determining the fair value of the liability component using the Company’s nonconvertible debt borrowing rate. The difference between the proceeds of the notes and the fair value of the liability component will be recorded as a discount on the debt with a corresponding offset to paid-in capital. The resulting discount will be accreted by recording additional non-cash interest expense over the expected life of the convertible notes using the effective interest rate method.

Asset retirement obligations

The Company has adopted ASC 410, “Assets Retirement and Environmental Obligations”, which requires that the fair value of a liability for an asset retirement obligation be recognized in the period in which it is incurred. ASC 410 requires the Company to record a liability for the present value of the estimated site restoration costs with a corresponding increase to the carrying amount of the related long-lived assets. The liability will be accreted and the asset will be depreciated over the life of the related assets. Adjustments for changes resulting from the passage of time and changes to either the timing or amount of the original present value estimate underlying the obligation will be made. As at 30 September 2013, the Company did not have any asset retirement obligations.

Use of estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the period. Actual results may differ from those estimates.

Recent Accounting Pronouncements

In April 2013, FASB issued Accounting Standards Update (“ASU”) No. 2013-07, “Presentation of Financial Statements”. The objective of this Update is to clarify when an entity should apply the liquidation basis of accounting and to provide principles for the measurement of assets and liabilities under the liquidation basis of accounting, as well as any required disclosures. ASU No. 2013-07 will be effective for fiscal years, and interim periods within those years beginning after 15 December 2013, with early adoption permitted. The Company does not expect the adoption of this update will have a material effect on its interim consolidated financial statements.

In March 2013, FASB issued ASU No. 2013-05, “Foreign Currency Matters”. The amendments in this update resolve the diversity in practice about whether Subtopic 810-10, “Consolidation – Overall”, or Subtopic 830-30, “Foreign Currency Matters - Translation of Financial Statements”, applies to the release of the cumulative translation adjustment into net income when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) within a foreign entity. In addition, the amendments in this update resolve the diversity in practice for the treatment of business combinations achieved in stages (sometimes also referred to as step acquisitions) involving a foreign entity. ASU No. 2013-05 will be effective for fiscal years, and interim periods within those years, beginning after 15 December 2013, with early adoption permitted, and should be applied retrospectively to all prior periods presented. The Company does not expect the adoption of this update will have a material effect on its interim consolidated financial statements.

In February 2013, FASB issued ASU No. 2013-04, “Liabilities”. This update requires an entity to measure obligations resulting from joint and several liability arrangements for which the total amount of the obligation within the scope of this guidance is fixed at the reporting date, as the sum of: (1) the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors and (2) any additional amount the reporting entity expects to pay on behalf of its co-obligors. ASU No. 2013-04 will be effective for fiscal years, and interim periods within those years, beginning after 15 December 2013, with early adoption permitted. The Company does not expect the adoption of this update will have a material effect on its interim consolidated financial statements.

3_Mineral_Property_Interests

3. Mineral Property Interests

9 Months Ended

Sep. 30, 2013

Notes to Financial Statements

Mineral Property Interests

The Company’s exploration and evaluation properties expenditures for the nine month period ended 30 September 2013 and for the year ended 31 December 2012 are as follows:

SOUTH IDAHO SILVER PROJECT

BOULDER HILL CLAIMS

BOULDER HILL PROJECT

URANIUM CLAIM PROSPECT

TOTAL

AS AT 31 DECEMBER 2011

32,500

15,000

18,000

65,500

ADDITIONS

WRITE-DOWN

(15,000

)

(18,000

)

(33,000

)

AS AT 31 DECEMBER 2012

32,500

ADDITIONS

4,150

1,000

5,150

PROVISION FOR WRITE-DOWN

(36,650

)

(36,650

)

AS AT 30 SEPTEMBER 2013

1,000

South Idaho Silver Project

On 7 December 2011 (the “Effective Date”), the Company entered into an Assignment and Assumption Agreement (the “CCS Assignment”) with Castle Creek Silver Inc. (“Castle Creek”), an Idaho corporation, and Robert Ebisch (“Robert E”) to acquire by way of assignment from Castle Creek all of its rights, responsibilities and obligations under an Option to Purchase and Royalty Agreement (the “Purchase Agreement”) dated 15 July 2011, by and between Castle Creek and Robert E. Castle Creek, under the Purchase Agreement, had the option to acquire an undivided 100% of the right, title and interest of Robert E in the unpatented mining claims owned and situated in Owyhee County, Idaho (the “South Idaho Property”).

Pursuant to the terms of the CCS Assignment, Castle Creek transferred and assigned the Company all of its right, title and interest, in, to and under the Purchase Agreement and the Company assumed the assignment of the Purchase Agreement agreeing to be bound, the same extent as Castle Creek, to the terms and conditions of the Purchase Agreement.The Company agreed to make the following considerations to Castle Creek (Note 10):

Issue 1,000,000 restricted shares of the Company’s common stock by 12 December 2011 (issued on 7 December 2011 and valued at $30,000) (Note 9);

Pay $50,000 by 15 July 2013(unpaid) (Note 10); and

Castle Creek will be entitled to a 1% net smelter return (“NSR”) from any ore produced from the South Idaho Property.At any time from the Effective Date, the Company has the right to acquire the 1% NSR payable to Castle Creek for $250,000.

The Purchase Agreement and assignment of Castle Creek’s right, title and interest, in, to and under the Purchase Agreement provide that the Company will have exercised the option to acquire an undivided 100% of Robert E’s right, title and interest in and to the Property after incurring an aggregate of $210,000 in exploration expenditures, paying Robert E an aggregate of $80,000 plus 5% of any JVBP.The Purchase Agreement provides that the cash payments payable to Robert E shall be made according to the following schedule (Note 10):

$2,500 on or before 31 January 2012 plus 5% of any JVBP (paid);

$2,500 on or before 20June 2013 plus 5% of any JVBP (paid);

$5,000 on or before 15 September 2013 plus 5% of any JVBP (unpaid);

$10,000 on or before 15 September 2014 plus 5% of any JVBP;

$15,000 on or before 15 September 2015 plus 5% of any JVBP;

$20,000 on or before 15 September 2016 plus 5% of any JVBP; and

$25,000 on or before 15 September 2017 plus 5% of any JVBP.

The Purchase Agreement provides that the exploration expenditures of an aggregate of not less than $210,000 on the South Idaho Property shall be incurred as follows (Note 10):

On or before 15 April 2012, incur not less than an aggregate of $10,000 in exploration expenditures (an aggregate of $10,000 incurred);

On or before 15 July 2013, incur not less than an aggregate of $20,000 in exploration expenditures (an aggregate of $30,620 incurred);

On or before 15 September 2013, incur not less than an aggregate of $100,000 in exploration expenditures (not incurred); and

On or before 15 September 2014, incur not less than an aggregate of $210,000 in exploration expenditures.

In addition to the foregoing cash payments, exploration expenditures and filing fees, in order to maintain its interest in the South Idaho Property the Company will be responsible for the following (Note 10):

Make advance royalty payments to Robert E of $25,000 per year, commencing on 15 September 2015 and continuing on 15 September each and every year thereafter for so long as the Company retains its interest in the South Idaho Property; and

Incur a minimum of $100,000 of annual exploration expenditures on the South Idaho Property on or before 15 September each and every year after 15 September 2015, which could be offset by exploration expenditures in excess of $100,000 in any prior annual period.

On 7 December 2012, the Company entered into an agreement with Castle Creek to waive certain required cash payment and/or exploration expenditure related to the South Idaho Property until renegotiation after 31 March 2013 and before 30 June 2013, provided that a cash payment of $1,200 is paid prior to 31 March 2013 (paid).

On 31 May 2013, the Company entered into an agreement with Castle Creek to waive certain required cash payment and/or exploration expenditure related to the South Idaho Property until 15 July 2013, provided that a cash payment of $3,500 is paid prior to 15 July 2013 (unpaid). Further, the Company may secure a waiver at any time during the year ended 31 December 2013 for the requirementsthat become due in 2014 in exchange for cash payment of or issuance of common shares valued at $50,000 (Note 10).

Included in accounts payable and accrued liabilities as at 30 September 2013 are exploration expenditures of $11,245 (31 December 2012 – $10,245) related to the South Idaho Silver Project (Notes 5 and 12).

The Company is currently in default with regards to certain obligations related to the South Idaho Property and is in the process of renegotiating the terms with Castle Creek (Note 14).

During the nine month period ended 30 September 2013, the Company recorded a provision for write-down of mineral property interests in the amount of $36,650 (30 June 2012 - $Nil, cumulative - $36,650) related to the South Idaho Property (Notes 10 and 12).

Boulder Hill Claims

On 16 December 2011, the Company entered into a Purchase and Sale Agreement (the “BHM Purchase”) with Boulder Hill Mines, Inc., an Idaho corporation (“Boulder Hill”), to purchase from Boulder Hill three unpatented mining claims situated in Lincoln County, Montana (the “Boulder Hill Claims”) by making the following considerations to Boulder Hill:

Issue 500,000 restricted shares of the Company’s common stock by 21 December 2011 (issued on 16 December 2011 and valued at $15,000) (Note 9);

Pay $25,000 in cash by 5 May 2013 (unpaid) (Note 10); and

Pay $25,000 in cash by 16 December 2013.

On 15 January 2013, the Company amended the agreement entered into on 12 October 2012 with Boulder Hill to extend the waiver of certain required cash payment and/or exploration expenditure related to the Boulder Hill Claims until 5 May 2013.

During the year ended 31 December 2012, the Company was in default related to certain obligations related to the Boulder Hill Claims. The Company recorded a write-down of mineral property in the amount of $15,000 related to the Boulder Hill Claims.

Boulder Hill Project

On 30 September 2011, the Company entered into a non-binding letter of intent (“LOI”) with Boulder Hill to acquire by way of an assignment from Boulder Hill all of its rights, responsibilities and obligations under a state mineral lease and agreement (the “Option Agreement”) dated 15 July 2008 by and among Boulder Hill, James Ebisch (“James E”) and Ryan Riech (“Riech”).

James E and Riech, under the terms of the Option Agreement, hold the mining and mineral rights to a certain Montana State Metallferrous Gold Lease entered into with the State of Montana (the “Montana Gold Lease”) under which Boulder Hill was granted the exclusive right to prospect, explore, develop and mine for gold, silver and other minerals on a property situated in Lincoln County, Montana (the “Boulder Hill Property”). The Montana Gold Lease is for a 10-year term and is subject to the 5% net smelter return (“NSR”) due to the State of Montana. The Option Agreement was amended on 1 August 2011 to reflect James E as the sole owner of the Montana Gold Lease.

On 16 December 2011 (the “Effective Date”), the Company entered into an Assignment and Assumption Agreement (“BHM Assignment”) with Boulder Hill and James E, whereby Boulder Hill transferred and assigned the Company all of its right, title and interest, in, to and under the Option Agreement and the Company assumed the assignment of the Option Agreement agreeing to be bound, the same extent as Boulder Hill, to the terms and conditions of the Option Agreement.

The BHM Assignment required the Company to make the following considerations to Boulder Hill:

Issue 500,000 restricted shares of the Company’s common stock by 21 December 2011 (issued on 16 December 2011 and valued at $15,000) (Note 9);

Pay $25,000 in cash by 30September 2013 (unpaid); and

Pay $25,000 in cash by 16 December 2013.

The Option Agreement and the BHM Assignment provide that the Company will have exercised the option to acquire an undivided 100% of James E’s right, title and interest in and to the Montana Gold Lease after incurring an aggregate of $210,000 in exploration expenditures, paying James E an aggregate of $80,000 plus 5% of any joint-venture and buyout payments (the “JVBP”) and paying filing fees over the term of the Option Agreement.

The Option Agreement provides that the cash payments payable to James E shall be made according to the following schedule:

$20,000 on or before 30 September 2013 plus 5% of any JVBP, of which an initial payment of $3,000 is to be made on or before 30 October 2011 ($3,000 paid on 12 January 2012);

$15,000 on or before 30 September 2013 plus 5% of any JVBP (unpaid);

$20,000 on or before 15 July 2014 plus 5% of any JVBP; and

$25,000 on or before 15 July 2015 plus 5% of any JVBP.

The Option Agreement and claim purchase agreement require that the exploration expenditures of an aggregate of not less than $210,000 on the Property shall be incurred as follows:

On or before 30 September 2013, incur not less than an aggregate of $49,000 in exploration expenditures (an aggregate of $34,769 incurred); and

On or before 13 December 2013, incur not less than an aggregate of $210,000 in exploration expenditures.

In addition to the foregoing cash payments and exploration expenditures, in order to maintain James E’s leasehold interest in the Boulder Hill Property the Company will be responsible for paying filing fees over the term of the Option Agreement and Boulder Hill Agreement and the following:

Make advance royalty payments to James E of $25,000 per year, commencing on 15 July 2015 and continuing on 15 July each and every year thereafter for so long as the Company retains its leasehold interest in the Boulder Hill Property; and

Incur a minimum of $100,000 of annual exploration expenditures on the Boulder Hill Property on or before 15 July each and every year after 15 July 2011 (not incurred), which could be offset by exploration expenditures in excess of $100,000 in any prior annual period.

On 15 January 2013, the Company amended the agreement entered into on 12 October 2012 with Boulder Hill and James E to extend the waiver of certain required cash payment and/or exploration expenditure related to the Boulder Hill Property until 5 May 2013.

On 5 May 2013, the Company amended the waiver entered into on 15 January 2013 with Boulder Hill and James E to extend the waiver of certain required cash payment and/or exploration expenditure related to the Boulder Hill Property until 30 September 2013 (not completed).

Included in accounts payable and accrued liabilities as at 30 September 2013 are mineral property acquisition costs and exploration expenditures of $3,091 (31 December 2012 – $19,394) related to the Boulder Hill Project (Notes 5 and 12).

During the year ended 31 December 2012, the Company was in default related to certain obligations related to the Boulder Hill Project and as a result, the Company recorded a write-down of mineral property in the amount of $18,000 related to the Boulder Hill Project.

Uranium Claim Prospect

The Company acquired through location two unpatented mining claims in eastern Washington state in July 2013 comprising approximately forty acres.

Skip Silver Prospect

The Company acquired by right of location two unpatented mining claims in the state of Montana in 2012 covering approximately forty acres.

4_Property_and_Equipment

4. Property and Equipment

9 Months Ended

Sep. 30, 2013

Notes to Financial Statements

Property and Equipment

Net Book Value

Cost

Accumulated

30-Sep

31 December 2012 (Audited)

Amortization

2013

Furniture, computer and office equipment

47,433

42,880

4,553

5,874

During the nine month period ended 30 September2013, total additions to property and equipment were $Nil (30 September2012- $Nil).

5_Accounts_Payable_and_Accrued

5. Accounts Payable and Accrued Liabilities	9 Months Ended
5. Accounts Payable and Accrued Liabilities	Sep. 30, 2013
Notes to Financial Statements	'
Accounts Payable and Accrued Liabilities	'
	Accounts payable and accrued liabilities are non-interest bearing, unsecured and have settlement dates within one year.

	On 31 January 2013, the Company issued a total of 37,022,900class A preferred shares valued at $81,450 ($0.0022 per share) for the settlement of liabilities totaling $126,807 with unrelated parties. The Company recorded a gain of $45,357 related to this settlement (Notes 9 and 12).
	On 30 June 2013, the Company entered into agreement with various vendors to convert $90,000 the amounts payable to the vendors to long-term promissory notes. The promissory notes have a term of two years, are unsecured, and bear interest of 5% per annum (Notes 7 and 12).

	On 20 August 2013, the Company entered into agreement witha vendorto convert $43,000of the amount payable to the vendor to a long-term promissory note. The promissory notehasa term of two years, is unsecured, and bears interest of 5% per annum. The Company also wrote down $5,373 of the amount payable to the vendor. Management does not consider this amount to be payable; however, there is no assurance that a formal claim will not be made against the Company for some or all of these amounts in the future (Notes 7, 10 and 12).

	On 30 September 2013, the Company entered into agreement with various vendors to convert $68,100 the amounts payable to the vendors to long-term promissory notes. The promissory notes have a term of two years, are unsecured, and bear interest of 5% per annum (Note 7).

	Included in accounts payable and accrued liabilities as at 30 September 2013 is an amount due to a former officer of the Company of $3,551 (31 December 2012 – $3,876). These amounts are non-interest bearing, unsecured and have no fixed terms of repayment (Note 8).

	Included in accounts payable and accrued liabilities as at 30 September 2013 is an amount due to a director of the Company of $14,112 (31 December 2012 – $10,817). This amount is non-interest bearing, unsecured and have no fixed terms of repayment (Note 8).

	Included in accounts payable and accrued liabilities as at 30 September 2013 is an amount due to an officer of the Company of $12,875 (31 December 2012 – $10,000). This amount is non-interest bearing, unsecured and have no fixed terms of repayment (Note 8).

	Included in accounts payable and accrued liabilities as at 30 September 2013 is an amount due to an officer of the Company of $6,250 (31 December 2012 – $4,150). This amount is non-interest bearing, unsecured and have no fixed terms of repayment (Note 8).

	Included in accounts payable and accrued liabilities as at 30 September 2013 are mineral property acquisition costs and exploration expenditures of $3,091 (31 December 2012 – $19,394) related to the Boulder Hill Project (Notes 3 and 12).

	Included in accounts payable and accrued liabilities as at 30 September 2013 are exploration expenditures of $11,245 (31 December 2012 – $10,245) related to the South Idaho Silver Project (Notes 3 and 12).

6_Convertible_Promissory_Notes

6. Convertible Promissory Notes

9 Months Ended

Sep. 30, 2013

Notes to Financial Statements

Convertible Promissory Notes

On 23 November 2011, the Company issued a convertible note to Asher in the amount of $37,500, bearing interest at a rate of 8% per annum on any unpaid principal balance, unsecured, with principal and interest amounts due and payable upon maturity on 28 August 2012 (the “Asher Note”). Any amount of principal or interest amount not paid on 28 August 2012 (the “Default Amount”) shall bear interest of 22% per annum commencing on 28 August 2012 to the date the amount is paid.

Asher has the option to convert any portion of the unpaid principal balance plus accrued and unpaid interest plus the Default Amount into the Company’s common shares at any time commencing 6 months after the date of issuance up to the later of 28 August 2012 or the date of the Default Amount is paid, at a conversion price equal to 58% of the market price for the common shares during the 10 trading days prior to the conversion.

The Asher Note contains a provision limiting the number of shares of common stock into which the Asher Note is convertible to 4.99% of the outstanding shares of the Company’s common stock. However, the provision in the Asher Note may be waived by Asher upon 61 days’ prior notice. The Company has a right of prepayment of the Asher Note anytime from the date of the Asher Note until 180 days thereafter, subject to a prepayment penalty in the amount of 130% to 150% of the outstanding principal and interest of the Asher Note based on the date of prepayment.

The fair value of the beneficial conversion feature was estimated at $27,155 and was recorded as additional paid-in capital.

During the year ended 31 December 2012, the Company issued a total of 42,182,653 common shares to Asher valued at $34,900 upon various conversions of Asher Note, reducing the principal amount to $2,600 as at 31 December 2012 (Notes 9 and 12).

During the nine month period ended 30 September 2013, the Company accrued interest expense of $8 (30September 2012 - $30,089, cumulative - $30,416), of which $Nil relates to the amortization of debt discount (30September 2012 – $26,668, cumulative - $27,155) (Note 12).

During the nine month period ended 30September 2013, the Company issued a total of 5,945,378 common shares to Asher valued at $4,100 upon various conversions of Asher Note, reducing the principal amount by $2,600 to $Nil, and accrued interest amount by $1,500 to $1,761 as at 30September 2013 (Notes 9 and 12).

During the nine month period ended 30 September 2013, the Company recorded a write-down of accrued interest of $1,761 related to the Asher Note (30 September 2012 - $Nil, cumulative - $1,761) (Note 12).

On 16 March 2012, the Company issued a convertible note to Asher in the amount of $37,500, bearing interest at a rate of 8% per annum on any unpaid principal balance, unsecured, with principal and interest amounts due and payable upon maturity on 20 December 2012 (the “Asher Note #2”). Any amount of principal or interest amount not paid on 20 December 2012 (the “Default Amount #2”) shall bear interest of 22% per annum commencing on 20 December 2012 to the date the amount is paid.

Asher has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time commencing 6 months after the date of issuance up to the later of 20 December 2012 or the date of the Default Amount #2 is paid, at a conversion price equal to 58% of the market price for the common shares during the 10 trading days prior to the conversion.

The Asher Note #2 contains a provision limiting the number of shares of common stock into which the Asher Note #2 is convertible to 4.99% of the outstanding shares of the Company’s common stock. However, the provision in the Asher Note #2 may be waived by Asher upon 61 days’ prior notice. The Company has a right of prepayment of the Asher Note #2 anytime from the date of the Asher Note #2 until 180 days thereafter, subject to a prepayment penalty in the amount of 140% to 150% of the outstanding principal and interest of the Asher Note #2 based on the date of prepayment.

The fair value of the beneficial conversion feature was estimated at $27,155 and was recorded as additional paid-in capital.

During the nine month period ended 30September 2013, the Company accrued interest expense of $1,625 (30September 2012 – $20,936, cumulative - $31,321), of which $Nil relates to the amortization of debt discount (30September 2012 - $19,300, cumulative - $27,155) (Notes 9 and 12).

During the nine month period ended 30September 2013, the Company issued a total of 47,527,322 common shares to Asher valued at $39,000 upon various conversions of Asher Note #2, reducing the principal amount by $37,500 to $Niland accrued interest amount by $1,500 to $2,666 as at 30 September 2013 (Notes 9 and 12).

During the nine month period ended 30 September 2013, the Company recorded a write-down of accrued interest of $2,666related to the Asher Note #2 (30 September 2012 - $Nil, cumulative - $2,666) (Note 12).

On 6 June 2012, the Company issued a convertible note to Asher in the amount of $27,500, bearing interest at a rate of 8% per annum on any unpaid principal balance, unsecured, with principal and interest amounts due and payable upon maturity on 6 March 2013 (the “Asher Note #3”). Any amount of principal or interest amount not paid on 6 March 2013 (the “Default Amount #3”) shall bear interest of 22% per annum commencing on 6 March 2013 to the date the amount is paid.

Asher has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time commencing 6 months after the date of issuance up to the later of 6 March 2013 or the date of the Default Amount #3 is paid, at a conversion price equal to 51% of the market price for the common shares during the 10 trading days prior to the conversion.

The Asher Note #3 contains a provision limiting the number of shares of common stock into which the Asher Note #3 is convertible to 9.99% of the outstanding shares of the Company’s common stock. However, the provision in the Asher Note #3 may be waived by Asher upon 61 days’ prior notice. The Company has a right of prepayment of the Asher Note #3 anytime from the date of the Asher Note #3 until 180 days thereafter, subject to a prepayment penalty in the amount of 140% to 150% of the outstanding principal and interest of the Asher Note #3 based on the date of prepayment.

The fair value of the beneficial conversion feature was estimated at $26,422 and was recorded as additional paid-in capital.

During the nine month period ended 30 September 2013, the Company was in default of the Asher Note #3 and the Company recorded a penalty in the amount of $13,750 (50% of the original principal) pursuant to the Asher Note #3 agreement, which has been recorded as interest expense (Note 12).

During the nine month period ended 30September 2013, the Company accrued interest expense of $20,847 (30September 2012 - $11,926, cumulative - $42,232), of which $6,291 relates to the amortization of the debt discount (30September 2012 - $11,227, cumulative - $26,422) and $13,750 relates to the default penalty (30 September 2012 - $Nil, cumulative - $13,750) (Note 12).

During the nine month period ended 30 September 2013, the Company issued a total of 60,393,147 common shares to Asher valued at $42,350 upon various conversions of Asher Note #3, reducing the principal amount by $41,250 to $Nil and accrued interest amount by $1,100 to $960 as at 30 September 2013 (Notes 9 and 12).

During the nine month period ended 30 September 2013, the Company recorded a write-down of accrued interest of $960 related to the Asher Note #3 (30 September 2012 - $Nil, cumulative - $960) (Note 12).

On 18 December 2012, the Company issued a convertible note to Asher in the amount of $27,500, bearing interest at a rate of 8% per annum on any unpaid principal balance, unsecured, with principal and interest amounts due and payable upon maturity on 20 September 2013 (the “Asher Note #4”). Any amount of principal or interest amount not paid on 20 September 2013 (the “Default Amount #4”) shall bear interest of 22% per annum commencing on 20 September 2013 to the date the amount is paid.

Asher has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time commencing 6 months after the date of issuance up to the later of 20 September 2013 or the date of the Default Amount #4 is paid, at a conversion price equal to 45% of the market price for the common shares during the 30 trading days prior to the conversion.

The Asher Note #4 contains a provision limiting the number of shares of common stock into which the Asher Note #4 is convertible to 9.99% of the outstanding shares of the Company’s common stock. However, the provision in the Asher Note #4 may be waived by Asher upon 61 days’ prior notice. The Company has a right of prepayment of the Asher Note #4 anytime from the date of the Asher Note #4 until 180 days thereafter, subject to a prepayment penalty in the amount of 140% to 150% based on the date of repayment.

The fair value of the beneficial conversion feature was estimated at $33,611 and was recorded as additional paid-in capital.

During the nine month period ended 30 September 2013, the Company accrued interest expense of$19,608 (30 September 2012 – $Nil, cumulative - $20,981), of which $18,035 relates to the amortization of debt discount (30 September 2012 - $Nil, cumulative - $19,330) (Notes 9 and 12).

During the nine month period ended 30 September 2013, the Company issued a total of 113,144,698 common shares to Asher valued at $28,600 upon various conversions of Asher Note #4, reducing the principal amount by $27,500 to $Nil and accrued interest amount by $1,100 to $551 as at 30 September 2013 (Notes 9 and 12).

During the nine month period ended 30 September 2013, the Company recorded a write-down of accrued interest of $551 related to the Asher Note #4 (30 September 2012 - $Nil, cumulative - $551) (Note 12).

On 21 February 2013, the Company issued a convertible note to Asher in the amount of $27,500, bearing interest at a rate of 8% per annum on any unpaid principal balance, unsecured, with principal and interest amounts due and payable upon maturity on 25 November 2013 (the “Asher Note #5”). Any amount of principal or interest amount not paid on 25 November 2013 (the “Default Amount #5”) shall bear interest of 22% per annum commencing on 25 November 2013 to the date the amount is paid.

Asher has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time commencing 6 months after the date of issuance up to the later of 25 November 2013 or the date of the Default Amount #5 is paid, at a conversion price equal to 45% of the market price for the common shares during the 30 trading days prior to the conversion.

The Asher Note #5 contains a provision limiting the number of shares of common stock into which the Asher Note #5 is convertible to 9.99% of the outstanding shares of the Company’s common stock. However, the provision in the Asher Note #5 may be waived by Asher upon 61 days’ prior notice. The Company has a right of prepayment of the Asher Note #5 anytime from the date of the Asher Note #5 until 180 days thereafter, subject to a prepayment penalty in the amount of 140% to 150% based on the date of repayment.

The fair value of the beneficial conversion feature was estimated at $33,611 and was recorded as additional paid-in capital.

During the six month period ended 30September 2013, the Company accrued interest expense of $23,162 (30September 2012 - $Nil, cumulative - $23,162), of which $21,842 relates to the amortization of debt discount (30September 2012 - $Nil, cumulative - $21,842) (Note 12).

During the nine month period ended 30 September 2013, the Company issued a total of 58,174,602 common shares to Asher valued at $9,700 upon various conversions of Asher Note #5, reducing the principal amount by $9,700 to $17,800 as at 30 September 2013 (Notes 9 and 12).

On 29 April 2013, the Company issued a convertible note to Asher in the amount of $32,500, bearing interest at a rate of 8% per annum on any unpaid principal balance, unsecured, with principal and interest amounts due and payable upon maturity on 31 January 2014 (the “Asher Note #6”). Any amount of principal or interest amount not paid on 31 January 2014 (the “Default Amount #6”) shall bear interest of 22% per annum commencing on 31 January 2014 to the date the amount is paid.

Asher has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time commencing 6 months after the date of issuance up to the later of 31 January 2014 or the date of the Default Amount #6 is paid, at a conversion price equal to 45% of the market price for the common shares during the 30 trading days prior to the conversion.

The Asher Note #6 contains a provision limiting the number of shares of common stock into which the Asher Note #6 is convertible to 9.99% of the outstanding shares of the Company’s common stock. However, the provision in the Asher Note #6 may be waived by Asher upon 61 days’ prior notice. The Company has a right of prepayment of the Asher Note #6 anytime from the date of the Asher Note #6 until 180 days thereafter, subject to a prepayment penalty in the amount of 140% to 150% based on the date of repayment.

The fair value of the beneficial conversion feature was estimated at $39,722 and was recorded as additional paid-in capital.

During the nine month period ended 30 September 2013, the Company accrued interest expense of $19,041 (30 September 2012 - $Nil, cumulative - $19,041), of which $17,951 relates to the amortization of debt discount (30September 2012 - $Nil, cumulative - $17,951) (Note 12).

On 12 August 2013, the Company issued a convertible note to Asher in the amount of $12,995, bearing interest at a rate of 8% per annum on any unpaid principal balance, unsecured, with principal and interest amounts due and payable upon maturity on 31 May 2014 (the “Asher Note #7”). Any amount of principal or interest amount not paid on 31 January 2014 (the “Default Amount #7”) shall bear interest of 22% per annum commencing on 31 January 2014 to the date the amount is paid.

Asher has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time commencing 6 months after the date of issuance up to the later of 31 January 2014 or the date of the Default Amount #6 is paid, at a conversion price equal to 45% of the market price for the common shares during the 30 trading days prior to the conversion.

The Asher Note #7 contains a provision limiting the number of shares of common stock into which the Asher Note #7 is convertible to 9.99% of the outstanding shares of the Company’s common stock. However, the provision in the Asher Note #6 may be waived by Asher upon 61 days’ prior notice. The Company has a right of prepayment of the Asher Note #7 anytime from the date of the Asher Note #7 until 180 days thereafter, subject to a prepayment penalty in the amount of 140% to 150% based on the date of repayment.

The fair value of the beneficial conversion feature was estimated at $15,883 and was recorded as additional paid-in capital.

During the nine month period ended 30 September 2013, the Company accrued interest expense of $2,472(30 September 2012 - $Nil, cumulative - $2,472), of which $2,332 related to the amortization of debt discount (30 September 2012 - $Nil, cumulative - $2,332).

The following is the summary of convertible promissory notes that are issued and outstanding as at 30September 2013 and 31 December 2012:

Principal, net of debt discount

Accrued interest

As at

30-Sep

31 December 2012 (Audited)

2013

Asher Note

5,853

Asher Note #2

40,041

Asher Note #3

22,463

Asher Note #4

1,373

Asher Note #5

12,142

1,320

13,462

Asher Note #6

17,951

1,090

19,041

Asher Note #7

2,332

140

2,472

32,425

2,550

34,975

69,730

7_Promissory_Notes

7. Promissory Notes	9 Months Ended
7. Promissory Notes	Sep. 30, 2013
Promissory Notes	'
Promissory Notes Text Block	'
	On 30 June 2013, the Company entered into agreement with various vendors to convert $90,000 of the amounts payable to the vendors to long-term promissory notes. The promissory notes have a term of two years, are unsecured, and bear interest of 5% per annum that is payable quarterlybeginning 30 September 2013 (Note 5).

	On 20 August 2013, the Company entered into agreement witha vendorto convert $43,000 of the amount payable to the vendor to a long-term promissory note. The promissory notehas a term of two years, is unsecured, and bears interest of 5% per annum that is payable quarterly beginning 31 December 2013 (Note5).

	On 30 September 2013, the Company entered into agreement with various vendors to convert $68,100 of the amounts payable to the vendors to long-term promissory notes. The promissory notes have a term of two years, are unsecured, and bear interest of 5% per annum that is payable quarterly beginning 31 March 2014(Note 7).


	During the nine month period ended 30 September 2013, the Company accrued interest of $1,376 (30September 2012 - $Nil, cumulative - $1,376). As at 30 September 2013, the balance of promissory notes consists of principal of $201,100 (31 December 2012 - $Nil) and accrued interest of $1,376 (31 December 2012 - $Nil)(Note 12).

8_Due_to_Related_Parties_and_R

8. Due to Related Parties and Related Party Transactions	9 Months Ended
8. Due to Related Parties and Related Party Transactions	Sep. 30, 2013
Notes to Financial Statements	'
Due to Related Parties and Related Party Transactions	'
	Included in accounts payable and accrued liabilities as at 30 September 2013 is an amount due to a former officer of the Company of $3,551 (31 December 2012 – $3,876). These amounts are non-interest bearing, unsecured and have no fixed terms of repayment (Note 5).

	Included in accounts payable and accrued liabilities as at 30 September 2013 is an amount due to a director of the Company of $14,112 (31 December 2012 – $10,817). This amount is non-interest bearing, unsecured and have no fixed terms of repayment (Note 5).

	Included in accounts payable and accrued liabilities as at 30 September 2013 is an amount due to an officer of the Company of $12,875 (31 December 2012 – $10,000). This amount is non-interest bearing, unsecured and have no fixed terms of repayment (Note 5).

	Included in accounts payable and accrued liabilities as at 30 September 2013 is an amount due to an officer of the Company of $6,250 (31 December 2012 – $4,150). This amount is non-interest bearing, unsecured and have no fixed terms of repayment (Note 5).

	During the ninemonth period ended 30 September 2013, the Company paid or accrued $6,500(30 September 2012 – $3,250) for consulting fees to an officer of the Company.

	During the ninemonth period ended 30 September 2013, the Company paid or accrued $13,000 (30 September2012 – $1,517) for consulting fees to a director of the Company.

	During the ninemonth period ended 30 September 2013, the Company paid or accrued $12,500 (30 September 2012 - $Nil) for consulting fees to a director of the Company.

	During the nine month period ended 30 September 2013, the Company issued a total of 10,545,600 class A preferred shares valued at $23,200 ($0.0022 per share) for the settlement of liabilities totaling $23,200 with officers and directors of the Company (Notes 9 and 12).

9_Common_Stock

9. Common Stock

9 Months Ended

Sep. 30, 2013

Notes to Financial Statements

Common Stock

Authorized

The total authorized capital consists of

850,000,000 common shares with par value of $0.00001

150,000,000 blank check preferred shares with no par value

50,000,000 designated class A preferred shares with par value of $0.001

Issued and outstanding

As at 30 September2013, the total issued and outstanding capital stock is 368,871,415 common shares with a par value of $0.00001 per share.

As of 30 September 2013, the total issued and outstanding series A preferred shares is 47,568,500 with a par value of $0.001.

On 30 September 2013, the Company issued 19,285,714 common shares valued at $2,700upon conversion of Asher Note #5 (Note 6).

On 16 September 2013, the Company issued 19,444,444 common shares valued at $3,500upon conversion of Asher Note #5 (Note 6).

On 12 September 2013, the Company issued 19,444,444 common shares valued at $3,500upon conversion of Asher Note #5 (Note 6).

On 20 August 2013, the Company issued 18,571,429 common shares valued at $3,900upon conversion of Asher Note #4 (Note 6).

On 6 August 2013, the Company issued 20,869,565 common shares valued at $4,800upon conversion of Asher Note #4 (Note 6).

On 1 August 2013, the Company issued 20,740,741 common shares valued at $5,600 upon conversion of Asher Note #4 (Note 6).

On 30 July 2013, the Company issued 20,740,741 common shares valued at $5,600upon conversion of Asher Note #4 (Note 6).

On 25 July 2013, the Company issued 20,740,741 common shares valued at $5,600 upon conversion of Asher Note #4 (Note 6).

On 23 July 2013, the Company issued 11,481,481 common shares valued at $3,100 upon conversion of Asher Note #4 (Note 6).

On 10 May 2013, the Company issued 2,840,939 common shares valued at $1,250 upon conversion of Asher Note #3 (Note 6).

On 8 May 2013, the Company issued 11,111,111 common shares valued at $6,000 upon conversion of Asher Note #3 (Note 6).

On 3 May 2013, the Company issued 11,666,667 common shares valued at $6,300 upon conversion of Asher Note #3 (Note 6).

On 1 May 2013, the Company issued 11,694,915 common shares valued at $6,900 upon conversion of Asher Note #3 (Note 6).

On 29 April 2013, the Company issued 11,625,000 common shares valued at $9,300 upon conversion of Asher Note #3 (Note 6).

On 25April 2013, the Company issued 11,454,545 common shares valued at $12,600upon conversion of Asher Note #3 (Note 6).

On 24 April 2013, the Company issued 2,150,000 common shares valued at $2,580 upon conversion of Asher Note #2 (Note 6).

On 23 April 2013, the Company issued 5,833,333 common shares valued at $7,000 upon conversion of Asher Note #2 (Note 6).

On 16 April 2013, the Company issued 11,766,666 common shares valued at $14,120 upon conversion of Asher Note #2 (Note 6).

On 20 March 2013, the Company issued 4,883,721 common shares valued at $2,100 upon conversion of Asher Note #2 (Note 6).

On 5 March 2013, the Company issued 4,878,049 common shares valued at $2,000 upon conversion of Asher Note #2 (Note 6).

On 15 February 2013, the Company issued 5,000,000 common shares valued at $2,700 upon conversion of Asher Note #2 (Note 6).

On 8 February 2013, the Company issued 4,354,839 common shares valued at $2,700 upon conversion of Asher Note #2 (Note 6).

On 4 February 2013, the Company issued 4,375,000 common shares valued at $2,800 upon conversion of Asher Note #2 (Note 6).

On 31 January 2013, the Company issued a total of 47,568,500 class A preferred shares valued at $104,650 ($0.0022 per share) in settlement of liabilities to officers, directors and unrelated parties (Notes 5, 8 and 12).

On 24 January 2013, the Company issued 4,285,714 common shares valued at $3,000 upon conversion of Asher Note #2 (Note 6).

On 23 January 2013, the Company amended its number of authorized shares of common stock and the related par value from 200,000,000 to 850,000,000 subsequent to the approval of the Board of Directors and the holders of a majority of the outstanding shares of the common stock and class A Preferred Convertible stock.

On 16 January 2013, the Company issued 3,088,235 common shares valued at $2,100 upon conversion of Asher Note (Note 6).

On 2 January 2013, the Company issued 2,857,143 common shares valued at $2,000 upon conversion of Asher Note (Note 6).

On 19 December 2012, the Company issued 2,739,726 common shares valued at $2,000 upon conversion of Asher Note (Note 6).

On 11 December 2012, the Company issued 2,857,143 common shares valued at $2,000 upon conversion of Asher Note (Note 6).

On 6 December 2012, the Company issued 2,784,810 common shares valued at $2,200 upon conversion of Asher Note (Note 6).

On 29 November 2012, the Company issued 2,876,712 common shares valued at $2,100 upon conversion of Asher Note (Note 6).

On 15 November 2012, the Company designated 50,000,000 of the 200,000,000 authorized preferred shares as class A preferred shares with a par value of $0.001 per share. Each class A preferred share is convertible into two common shares of the Company at the option of the holder and may be redeemed with 10 days’ notice at $0.01 per class A preferred share.

On 9 November 2012, the Company issued 2,758,621 common shares valued at $1,600 upon conversion of Asher Note (Note 6).

On 2 November 2012, the Company issued 2,833,333 common shares valued at $1,700 upon conversion of Asher Note (Note 6).

On 18 October 2012, the Company issued 2,878,788 common shares valued at $1,900 upon conversion of Asher Note (Note 6).

On 10 October 2012, the Company issued 2,784,810 common shares valued at $2,200 upon conversion of Asher Note (Note 6).

On 2 October 2012, the Company issued 2,784,810 common shares valued at $2,200 upon conversion of Asher Note (Note 6).

On 1 October 2012, the Company issued 2,151,899 common shares valued at $1,700 upon conversion of Asher Note (Note 6).

On 27 September 2012, the Company issued 2,117,647 common shares valued at $1,800 upon conversion of Asher Note (Note 6).

On 12 September 2012, the Company issued 2,100,000 common shares valued at $2,100 upon conversion of Asher Note (Note 6).

On 7 September 2012, the Company issued 2,166,667 common shares valued at $2,600 upon conversion of Asher Note (Note 6).

On 16 December 2011, the Company issued a total of 1,000,000 common shares valued at $30,000 as consideration to Boulder Hill pursuant to the BHM Purchase and BHM Assignment. The fair value is equal to the market price of the Company’s stock on the date of the transaction (Note3).

On 7 December 2011, the Company issued 1,000,000 common shares valued at $30,000 as consideration to Castle Creek pursuant to the CCS Assignment. The fair value is equal to the market price of the Company’s stock on the date of the transaction(Note 3).

On 14 February 2011, the Company issued 1,000,000 common shares upon the exercise of share purchase warrants with an exercise price of $0.10 per warrant for total proceeds of $100,000.

On 14 December 2010, the Company issued 1,500,000 common shares upon the exercise of share purchase warrants with an exercise price of $0.10 per warrant for total proceeds of $150,000.

On 30 November 2010, the Company issued 150,000 common shares upon the exercise of share purchase warrants with an exercise price of $0.10 per warrant for total proceeds of $15,000.

On 25 March 2010, the Company issued 18,750,000 units at a price of $0.10 per unit (the “Units”) for proceeds of $1,775,000, net of share issue costs of $100,000. Each Unit consists of one common share with par value $0.00001 and one share purchase warrant. Each share purchase warrant entitles the holder to purchase one common share at a price of $0.10 commencing six months from the closing date of the offering up to 25 March 2011. During the year ended 31 December 2011, 1,000,000 of the related share purchase warrants in this series were exercised. As at 30June 2013, none of the related share purchase warrants in this series remain outstanding.

On 9 March 2010, the Company issued 5,000,000 common shares valued at $1,250,000 ($0.25 per common share) pursuant to the Temasek Agreement. The fair value is equal to the market price of the Company’s stock on the date of the transaction.

During the year ended 31 December 2009, the Company issued 3,500,000 common shares valued at a $385,000 ($0.11 per common share) pursuant to the Temasek Agreement. The fair value is equal to the market price of the Company’s stock on the date of the transaction.

During the year ended 31 December 2009, the Company issued 140,000 common shares for total proceeds of $18,900 ($0.15 per common share), net of share issue costs of $2,100.

During the year ended 31 December 2009, the Company issued 5,272,333 common shares for total proceeds of $711,765 ($0.15 per common share), net of share issue costs of $79,085.

During the year ended 31 December 2008, the Company issued 2,500,000 common shares valued at $625,000 ($0.25 per common share) pursuant to the Temasek Agreement. The fair value is equal to the market price of the Company’s stock on the date of the transaction.

During the year ended 31 December 2008, the Company completed a one new for twenty old common share reverse stock split. The Company’s share transactions, including the weighted average number of common shares outstanding calculation for purposes of determining earnings per share, have been restated retroactively to reflect all of the above corporate capital transactions in these interim consolidated financial statements.

Stock options

The following stock options are outstanding as at 30 September2013 (31 December 2012 – 325,000):

NUMBER OF

EXERCISE

REMAINING LIFE

OPTIONS

PRICE

(YEARS)

OPTIONS

250,000

0.07

0.2

OPTIONS

75,000

0.15

8.09

325,000

During the year ended 31 December 2007, the Company adopted the Stock Incentive Plan (the “Plan”), which provides for the grant of incentive stock options, non-qualified stock options, stock appreciation rights, restricted stock, performance shares and performance units, and stock awards to officers, directors or employees of, as well as advisers and consultants to, the Company.

All stock options and rights are to vest over a period determined by the Board of Directors and expire not more than ten years from the date granted. Pursuant to the Plan, the maximum aggregate number of shares that may be issued for awards is 500,000 and the maximum aggregate number of shares that may be issued for incentive stock options is 500,000.

During the year ended 31 December 2007, the Company granted 167,500 options to officers, directors and consultants of the Company to purchase common shares of the Company at a price of $25 per common share on or before 17 April 2017 and vesting as to one-quarter of the common shares under the stock option on 17 April 2007 and one-quarter every six months thereafter in accordance with the terms and conditions of the Company’s Plan. During the year ended 31 December 2008, all of the related stock options in this series were forfeited.

During the year ended 31 December 2011, the Company granted 250,000 options at a price of $0.07 per share expiring on 10 December 2013, 75,000 options at a price of $0.07 per share expiring on 28 November 2012 and 75,000 options at a price of $0.15 per share expiring on 31 October 2021. All of these stock options vest immediately.

The Company had no stock option activities during the ninemonth periods ended 30 September 2013 and 2012.

Warrants

As at 30 September2013, there were Nil (31 December 2012 - Nil) share purchase warrants outstanding.

The Company had no warrant activities during the six month periods ended 30 September 2013 and 2012.

10_Commitments_and_Contingenci

10. Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Notes to Financial Statements	'
Commitments and Contingencies	'

	a.	Subsequent to the nine month period ended 30 September 2013, the Company became in default with regards to certain obligations related to the South Idaho Property and is in the process of renegotiating the terms with Castle Creek (Notes 3 and 14).

	b.	As at 30 September 2013, the Company is in default with regards to certain obligations related to the Boulder Hill Claims and is in the process of renegotiating the terms with Boulder Hill (Note 3).

	c.	As at 30 September 2013, the Company is in default with regards to certain obligations related to the Boulder Hill Project and is in the process of renegotiating the terms with James E (Note 3).

	d.	In November 2011, the Company entered into a contract, commencing 1 December 2011, with each of an unrelated individual and an unrelated company, to provide consulting services, subject to the supervision of the Company’s Chief Executive Officer, related to the exploration and development of mineral properties, operational activities and international business operations for a monthly payment of $2,500 each.

	e.	The Company is committed to making repayments related to the convertible promissory notes payable to Asher (Note 6).

	f.	The Company is committed to making repayments related to the promissory notespayable to various vendors (Note 7).

	g.	During the nine month period ended 30 September 2013, the Company entered into a memorandum of understanding (the “MOU”) with an unrelated party to enter into a definitive agreement within 180 days for the Company to earn a fifty percent interest in the Nile Mine project. The Company has not entered into a final and definitive agreement at the time.

	h.	On 27 July 2013, the Company entered into a contract with an unrelated company to provide consulting services and introductions in order to secure further funding for the Company. The consultant is entitled to 10% of the gross funding received in relation to the contract.

	i.	On 20 August 2013, the Company wrote down $5,373 of the amount payable to a vendor. Management does not consider this amount to be payable; however, there is no assurance that a formal claim will not be made against the Company for some or all of these amounts in the future (Notes 5 and 12).

11_Geographic_Areas

11. Geographic Areas	9 Months Ended
11. Geographic Areas	Sep. 30, 2013
Notes to Financial Statements	'
Geographic Areas	'
Geographic Areas	Prior to the operations of acquisition and exploration of mineral properties, the Company’s areas of operations were primarily in the South America. Since the commencement of acquisition and exploration of mineral properties, during the year ended 31 December 2006, the Company’s principal mineral property activities have been in Finland. During the year ended 31 December 2008, the Company re-focused its acquisition and exploration of mineral properties operations to Peru. During the year ended 31 December 2011, the Company re-focused its activities to Colombia and the United States. During the nine month period ended 30 September 2013, the Company does not have any material activities outside of the United States. As at 30 September 2013, the Company does not have any material assets outside of the United States.

12_Supplemental_Disclosures_wi

12. Supplemental Disclosures with Respect to Cash Flows	9 Months Ended
12. Supplemental Disclosures with Respect to Cash Flows	Sep. 30, 2013
Notes to Financial Statements	'
Supplemental Disclosures with Respect to Cash Flows	'
	Included in accounts payable and accrued liabilities as at 30 September 2013 are mineral property acquisition costs and exploration expenditures of $3,091 (31 December 2012 – $19,394) related to the Boulder Hill Project (Notes 3 and 5).

	Included in accounts payable and accrued liabilities as at 30 September 2013 are exploration expenditures of $11,245 (31 December 2012 – $10,245) related to the South Idaho Silver Project (Notes 3 and 5).

	During the year ended 31 December 2012, the Company recorded a write-down of mineral property in the amount of $33,000 in relation to the Boulder Hill Claims and Boulder Hill Property (Note 3).

	During the nine month period ended 30 September 2013, the Company recorded a provision for write-down of mineral property in the amount of $36,650 (30 September 2012 - $Nil) in relation to the South Idaho Property (Notes 3, 10 and 14).

	During the nine month period ended 30 September 2013, the Company accrued a total interest expense of $86,763 (30 September 2012 – $62,951) related to the convertible debentures, of which $66,451 relates to the amortization of debt discount (30 September 2012 – $57,195) and $13,750 relates to the default penalty (30 September 2012 - $Nil) (Note 6).

	During the nine month period ended 30 September 2013, the Company recorded a write-down of accrued interest in the amount of $5,938 (30 September 2012 - $Nil) in relation to the Asher Note, Asher Note #2, Asher Note #3 and Asher Note #4 (Note 6).

	During the nine month period ended 30 September2013, the Company issued a total of 47,568,500 class A preferred shares valued at $104,650 ($0.0022 per share) for the settlement of liabilities totaling $150,007 with officers, directors and unrelated parties. The Company recorded a gain of $45,357 related to this settlement (Notes 5, 8 and 9).

	During the nine month period ended 30 September 2013, the Company entered into agreements with various vendors to convert a total of $201,100 the amounts payable to the vendors to long-term promissory notes. The promissory notes have a term of two years, are unsecured, and bear interest of 5% per annum. During the nine month period ended 30 September 2013, the Company accrued interest of $1,376 (30 September 2012 - $Nil, cumulative - $1,376) (Notes 5 and 7).

	During the nine month period ended 30 September 2013, the Company wrote down $5,373 of the amount payable to a vendor. Management does not consider this amount to be payable; however, there is no assurance that a formal claim will not be made against the Company for some or all of these amounts in the future (Notes 5 and 10).

		For the period from the date of inception on 5 September 1997 to 30 September 2013			For the nine month period ended 30 September 2013		For the nine month period ended 30 September 2012
		$			$		$

	Supplemental cash flows information
	Interest expense		1,906			-		-
	Foreign exchange (gain) loss		21,787			-		-
	Income taxes paid		-			-		-

	Supplemental disclosure of non-cash investing and financing
	Common shares issued for oil and gas property ($25 per share)		10,000			-		-
	Common shares issued for services ($6 per share)		50,000			-		-
	Donated consulting services		16,200			-		-
	Common shares cancelled and returned		(2	)		-		-
	Common shares issued for equity acquisition of Finmetal ($25.60 per share)		1,280,000			-		-
	Restricted shares issued ($24.80 per share)		2,418,000			-		-
	Common shares issued for finder’s fee ($10 per unit)		254,500			-		-
	Warrants issued		100,421			-		-
	Common shares issued for finder’s fee for mineral property interests ($26.80 per share)		536,000			-		-
	Common shares issued for acquisition of mineral rights (deemed at $0.003 to $0.25 per share)		2,320,000			-		-
	Common shares issued upon conversions of promissory note ($0.00011 to $0.0080 per share)		158,650			123,750		-
	Preferred shares issued for settlement of debt ($0.0022 per share)		104,650			104,650		-

13_Fair_Value_of_Financial_Ins

13. Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2013
Notes to Financial Statements	'
Fair Value of Financial Instruments	'
	A fair value hierarchy was established that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable inputs (Level 3 measurements).

	The fair values of the financial instruments were determined using the following input levels and valuation techniques:

	Level 1:	classification is applied to any asset or liability that has a readily available quoted market price from an active market where there is significant transparency in the executed/quoted price.

	Level 2:	classification is applied to assets and liabilities that have evaluated prices where the data inputs to these valuations are observable either directly or indirectly, but do not represent quoted market prices from an active market.

	Level 3:	classification is applied to assets and liabilities when prices are not derived from existing market data and requires us to develop our own assumptions about how market participants would price the asset or liability.

	As at 30 September 2013, the carrying amounts of accounts payable and convertible promissory notes approximated their estimated fair values because of the short maturity of these financial instruments.

	As at 30 September 2013, the carrying amount of long-term debt and other financing was $202,476 (31 December 2012 - $Nil).

	The fair value of the beneficial conversion feature was estimated at $79,516 (31 December 2012 – $81,077), and was recorded as a component of equity, of which $79,516 (31 December 2012 - $81,077) would be a Level 1 fair value and $Nil (31 December 2012 - $Nil) would be a Level 2 fair value.

	Credit Risk

	Credit risk is the risk of an unexpected loss if a customer or counterparty to a financial instrument fails to meet its contractual obligations and arises primarily from the Company’s cash and cash equivalents. The Company manages its credit risk relating to cash and cash equivalents by dealing only with highly-rated United States financial institutions. As a result, credit risk is considered insignificant.

	Currency Risk

	The majority of the Company’s cash flows and financial assets and liabilities are denominated in US dollars, which is the Company’s functional and reporting currency. Foreign currency risk is limited to the portion of the Company’s business transactions denominated in currencies other than the US dollar.

	The Company monitors and forecasts the values of net foreign currency cash flow and balance sheet exposures and from time to time could authorize the use of derivative financial instruments such as forward foreign exchange contracts to economically hedge a portion of foreign currency fluctuations. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk.

	Liquidity Risk

	Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they fall due. The Company manages liquidity risk by continuously monitoring actual and projected cash flows and matching the maturity profile of financial assets and liabilities. The Company had a working capital deficit of $323,584 at 30 September 2013 (31 December 2012 – $570,498), but management cannot provide assurance that the Company will ultimately achieve profitable operations or become cash flow positive, or raise additional debt and/or equity capital.

	Other Risks

	Unless otherwise noted, the Company is not exposed to significant interest rate risk and commodity price risk.

14_Subsequent_Events

14. Subsequent Events	9 Months Ended
14. Subsequent Events	Sep. 30, 2013
Notes to Financial Statements	'
Subsequent Events	'
Subsequent Events	During the period from the nine month period ended 30 September 2013 to the date the interim consolidated financial statements there wereno subsequent events.

2_Significant_Accounting_Polic1

2. Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2013
Significant Accounting Policies Policies	'
Principles of consolidation	'
	All inter-company balances and transactions have been eliminated in these interim consolidated financial statements.
Cash and cash equivalents	'
	The Company considers all highly liquid instruments with a maturity of three months or less at the time of issuance to be cash equivalents.
Property and equipment	'
	Furniture, computer equipment, office equipment and computer software are carried at cost and are amortized over their estimated useful lives at rates as follows:

	Furniture, computer and office equipment	30%
	Computer software	100%

	The property and equipment is written down to its net realizable value if it is determined that its carrying value exceeds estimated future benefits to the Company.
Mineral property costs	'
	Mineral property acquisition costs are initially capitalized as tangible assets when purchased. At the end of each fiscal quarter, the Company assesses the carrying costs for impairment. If proven and probable reserves are established for a property and it has been determined that a mineral property can be economically developed, costs will be amortized using the units-of-production method over the estimated life of the probable reserve.

	Mineral property exploration costs are expensed as incurred.

	Estimated future removal and site restoration costs, when determinable, are provided over the life of proven reserves on a units-of-production basis. Costs, which include production equipment removal and environmental remediation, are estimated each period by management based on current regulations, actual expenses incurred, and technology and industry standards. Any charge is included in exploration expense or the provision for depletion and depreciation during the period and the actual restoration expenditures are charged to the accumulated provision amounts as incurred.

	As of the date of these interim consolidated financial statements, the Company has not established any proven or probable reserves on its mineral properties and incurred only acquisition and exploration costs.

	Although the Company has taken steps to verify title to mineral properties in which it has an interest, according to the usual industry standards for the stage of exploration of such properties, these procedures do not guarantee the Company’s title. Such properties may be subject to prior agreements or transfers and title may be affected by undetected defects.

	Segments of an enterprise and related information

	ASC 280, “Segment Reporting” establishes guidance for the way that public companies report information about operating segments in annual financial statements and requires reporting of selected information about operating segments in financial statements issued to the public. It also establishes standards for disclosures regarding products and services, geographic areas and major customers. ASC 280 defines operating segments as components of a company about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.
Segments of an enterprise and related information	'
	ASC 280, “Segment Reporting” establishes guidance for the way that public companies report information about operating segments in annual financial statements and requires reporting of selected information about operating segments in financial statements issued to the public. It also establishes standards for disclosures regarding products and services, geographic areas and major customers. ASC 280 defines operating segments as components of a company about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.
Environmental costs	'
	Environmental expenditures that are related to current operations are charged to operations or capitalized as appropriate. Expenditures that relate to an existing condition caused by past operations, and which do not contribute to current or future revenue generation, are charged to operations. Liabilities are recorded when environmental assessments and/or remedial efforts are probable, and the cost can be reasonably estimated. Generally, the timing of these accruals coincides with the earlier of completion of a feasibility study or the Company’s commitments to a plan of action based on the then known facts.
Comparative figures	'
	Certain comparative figures have been adjusted to conform to the current period’s presentation.
Comprehensive loss	'
	ASC 220, “Comprehensive Income” establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As at 30 September 2013, the Company did not have items that represent a comprehensive loss and, therefore, has not included a schedule of comprehensive loss in the interim consolidated financial statements.
Foreign currency translation	'
	The Company’s functional and reporting currency is U.S. dollars. The interim consolidated financial statements of the Company are translated to U.S. dollars in accordance with ASC 830, “Foreign Currency Matters.” Monetary assets and liabilities denominated in foreign currencies are translated using the exchange rate prevailing at the balance sheet date. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of income. The Company has not, to the date of these interim consolidated financial statements, entered into derivative instruments to offset the impact of foreign currency fluctuations.
Stock-based compensation	'
	Effective 1 January 2006, the Company adopted the provisions of ASC 718, “Compensation – Stock Compensation”, which establishes accounting for equity instruments exchanged for employee services. Under the provisions of ASC 718, stock-based compensation cost is measured at the grant date, based on the calculated fair value of the award, and is recognized as an expense over the employees’ requisite service period (generally the vesting period of the equity grant). The Company adopted ASC 718 using the modified prospective method, which requires the Company to record compensation expense over the vesting period for all awards granted after the date of adoption, and for the unvested portion of previously granted awards that remain outstanding at the date of adoption. Accordingly, the financial statements for the periods prior to 1 January 2006 have not been restated to reflect the fair value method of expensing stock-based compensation. The adoption of ASC 718 did not change the way the Company accounts for stock-based payments to non-employees, with guidance provided by ASC 505-50, “Equity-Based Payments to Non-Employees”.
Basic and diluted net loss per share	'
	The Company computes net loss per share in accordance with ASC 260, “Earnings per Share”. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net loss available to common stockholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excluded all dilutive potential shares if their effect was anti-dilutive.
Income taxes	'
	Deferred income taxes are reported for timing differences between items of income or expense reported in the financial statements and those reported for income tax purposes in accordance with ASC 740, “Income Taxes”, which requires the use of the asset/liability method of accounting for income taxes. Deferred income taxes and tax benefits are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and for tax losses and credit carry-forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Company provides for deferred taxes for the estimated future tax effects attributable to temporary differences and carry-forwards when realization is more likely than not.
Long-lived assets impairment	'
	Long-term assets of the Company are reviewed for impairment whenever events or circumstances indicate that the carrying amount of assets may not be recoverable, pursuant to guidance established in ASC 360-10-35-15, “Impairment or Disposal of Long-Lived Assets”. Management considers assets to be impaired if the carrying value exceeds the future projected cash flows from related operations (undiscounted and without interest charges). If impairment is deemed to exist, the assets will be written down to fair value. Fair value is generally determined using a discounted cash flow analysis.
Asset retirement obligations	'
	The Company has adopted ASC 410, “Assets Retirement and Environmental Obligations”, which requires that the fair value of a liability for an asset retirement obligation be recognized in the period in which it is incurred. ASC 410 requires the Company to record a liability for the present value of the estimated site restoration costs with a corresponding increase to the carrying amount of the related long-lived assets. The liability will be accreted and the asset will be depreciated over the life of the related assets. Adjustments for changes resulting from the passage of time and changes to either the timing or amount of the original present value estimate underlying the obligation will be made. As at 30 September 2013, the Company did not have any asset retirement obligations.
Financial instruments	'
	The carrying value of accounts payable and convertible promissory notes approximates their fair value because of the short maturity of these instruments. The Company’s financial risk is the risk that arises from fluctuations in foreign exchange rates and the degree of volatility of these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk.
Convertible debt	'
	The Company has adopted ASC 470-20, “Debt with Conversion and Other Options” and applies this guidance retrospectively to all periods presented upon those fiscal years. ASC 470-20 requires the liability and equity components to be separately accounted for in a manner that will reflect the entity’s nonconvertible debt borrowing rate. The Company will allocate a portion of the proceeds received from the issuance of convertible notes between a liability and equity component by determining the fair value of the liability component using the Company’s nonconvertible debt borrowing rate. The difference between the proceeds of the notes and the fair value of the liability component will be recorded as a discount on the debt with a corresponding offset to paid-in capital. The resulting discount will be accreted by recording additional non-cash interest expense over the expected life of the convertible notes using the effective interest rate method.
Use of estimates	'
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the period. Actual results may differ from those estimates.
Recent Accounting Pronouncements	'
	In April 2013, FASB issued Accounting Standards Update (“ASU”) No. 2013-07, “Presentation of Financial Statements”. The objective of this Update is to clarify when an entity should apply the liquidation basis of accounting and to provide principles for the measurement of assets and liabilities under the liquidation basis of accounting, as well as any required disclosures. ASU No. 2013-07 will be effective for fiscal years, and interim periods within those years beginning after 15 December 2013, with early adoption permitted. The Company does not expect the adoption of this update will have a material effect on its interim consolidated financial statements.

	In March 2013, FASB issued ASU No. 2013-05, “Foreign Currency Matters”. The amendments in this update resolve the diversity in practice about whether Subtopic 810-10, “Consolidation – Overall”, or Subtopic 830-30, “Foreign Currency Matters - Translation of Financial Statements”, applies to the release of the cumulative translation adjustment into net income when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) within a foreign entity. In addition, the amendments in this update resolve the diversity in practice for the treatment of business combinations achieved in stages (sometimes also referred to as step acquisitions) involving a foreign entity. ASU No. 2013-05 will be effective for fiscal years, and interim periods within those years, beginning after 15 December 2013, with early adoption permitted, and should be applied retrospectively to all prior periods presented. The Company does not expect the adoption of this update will have a material effect on its interim consolidated financial statements.

	In February 2013, FASB issued ASU No. 2013-04, “Liabilities”. This update requires an entity to measure obligations resulting from joint and several liability arrangements for which the total amount of the obligation within the scope of this guidance is fixed at the reporting date, as the sum of: (1) the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors and (2) any additional amount the reporting entity expects to pay on behalf of its co-obligors. ASU No. 2013-04 will be effective for fiscal years, and interim periods within those years, beginning after 15 December 2013, with early adoption permitted. The Company does not expect the adoption of this update will have a material effect on its interim consolidated financial statements.

2_Significant_Accounting_Polic2

2. Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2013
Significant Accounting Policies Tables	'
Estimated useful lives of Furniture, computer equipment, office equipment and computer software	'
	Furniture, computer equipment, office equipment and computer software are carried at cost and are amortized over their estimated useful lives at rates as follows:

	Furniture, computer and office equipment	30%
	Computer software	100%

3_Mineral_Property_Interests_T

3. Mineral Property Interests (Tables)	9 Months Ended
3. Mineral Property Interests (Tables)	Sep. 30, 2013
Mineral Property Interests Tables	'
Description of exploration and evaluation properties	'
	The Company’s exploration and evaluation properties expenditures for the nine month period ended 30 September 2013 and for the year ended 31 December 2012 are as follows:

		SOUTH IDAHO SILVER PROJECT			BOULDER HILL CLAIMS			BOULDER HILL PROJECT			URANIUM CLAIM PROSPECT		TOTAL
		$			$			$			$		$

	AS AT 31 DECEMBER 2011		32,500			15,000			18,000			-		65,500
	ADDITIONS		-			-			-			-
	WRITE-DOWN		-			(15,000	)		(18,000	)		-		(33,000	)

	AS AT 31 DECEMBER 2012		32,500			-			-			-		32,500
	ADDITIONS		4,150			-			-			1,000		5,150
	PROVISION FOR WRITE-DOWN		(36,650	)		-			-			-		(36,650	)

	AS AT 30 SEPTEMBER 2013		-			-			-			1,000		1,000

4_Property_and_Equipment_Table

4. Property and Equipment (Tables)

9 Months Ended

Sep. 30, 2013

Property And Equipment Tables

Furniture, computer and office equipment

Net Book Value

Cost

Accumulated

30-Sep

31 December 2012 (Audited)

Amortization

2013

Furniture, computer and office equipment

47,433

42,880

4,553

5,874

6_Convertible_Promissory_Notes1

6. Convertible Promissory Notes (Tables)	9 Months Ended
6. Convertible Promissory Notes (Tables)	Sep. 30, 2013
Convertible Promissory Notes Tables	'
Convertible Promissory Notes	'
		Principal, net of debt discount		Accrued interest		As at		As at
						30-Sep		31 December 2012 (Audited)
						2013
						$		$
	Asher Note		-		-		-		5,853

	Asher Note #2		-		-		-		40,041

	Asher Note #3		-		-		-		22,463

	Asher Note #4		-		-		-		1,373

	Asher Note #5		12,142		1,320		13,462		-

	Asher Note #6		17,951		1,090		19,041		-

	Asher Note #7		2,332		140		2,472		-

			32,425		2,550		34,975		69,730

9_Common_Stock_Tables

9. Common Stock (Tables)

9 Months Ended

Sep. 30, 2013

Common Stock Tables

Stock options

NUMBER OF

EXERCISE

REMAINING LIFE

OPTIONS

PRICE

(YEARS)

OPTIONS

250,000

0.07

0.2

OPTIONS

75,000

0.15

8.09

325,000

12_Supplemental_Disclosures_wi1

12. Supplemental Disclosures with Respect to Cash Flows (Tables)	9 Months Ended
	Sep. 30, 2013
Supplemental Disclosures With Respect To Cash Flows Tables	'
Supplemental cash flows information	'

		For the period from the date of inception on 5 September 1997 to 30 September 2013			For the nine month period ended 30 September 2013		For the nine month period ended 30 September 2012
		$			$		$

	Supplemental cash flows information
	Interest expense		1,906			-		-
	Foreign exchange (gain) loss		21,787			-		-
	Income taxes paid		-			-		-

	Supplemental disclosure of non-cash investing and financing
	Common shares issued for oil and gas property ($25 per share)		10,000			-		-
	Common shares issued for services ($6 per share)		50,000			-		-
	Donated consulting services		16,200			-		-
	Common shares cancelled and returned		(2	)		-		-
	Common shares issued for equity acquisition of Finmetal ($25.60 per share)		1,280,000			-		-
	Restricted shares issued ($24.80 per share)		2,418,000			-		-
	Common shares issued for finder’s fee ($10 per unit)		254,500			-		-
	Warrants issued		100,421			-		-
	Common shares issued for finder’s fee for mineral property interests ($26.80 per share)		536,000			-		-
	Common shares issued for acquisition of mineral rights (deemed at $0.003 to $0.25 per share)		2,320,000			-		-
	Common shares issued upon conversions of promissory note ($0.00011 to $0.0080 per share)		158,650			123,750		-
	Preferred shares issued for settlement of debt ($0.0022 per share)		104,650			104,650		-

1_Nature_Basis_of_Presentation1

1. Nature, Basis of Presentation (Details Narrative) (USD $)	3 Months Ended		9 Months Ended		193 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012
Nature Basis Of Presentation Details Narrative	'	'	'	'	'	'
Net loss	($112,900)	($69,168)	($289,778)	($191,914)	($19,377,548)	'
Working capital deficit	323,584	'	323,584	'	323,584	570,498
Cumulative Net loss	'	'	'	$19,377,548	'	'

2_Significant_Accounting_Polic3

2. Significant Accounting Policies (Details) (USD $)	9 Months Ended
2. Significant Accounting Policies (Details) (USD $)	Sep. 30, 2013
Property, Plant and Equipment [Line Items]	'
Comprehensive loss	0
Asset retirement obligations	0
Furniture, computer and office equipment [Member]	'
Property, Plant and Equipment [Line Items]	'
Amortized rate over their estimated useful lives	30.00%
Computer software [Member]	'
Property, Plant and Equipment [Line Items]	'
Amortized rate over their estimated useful lives	100.00%

3_Mineral_Property_Interests_D

3. Mineral Property Interests (Details) (USD $)	9 Months Ended	12 Months Ended
3. Mineral Property Interests (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Exploration and evaluation properties, Beginning balance	$32,500	$65,500
Exploration and evaluation additions	5,150	'
Exploration and evaluation write-down	-36,650	-33,000
Exploration and evaluation properties, Ending balance	1,000	32,500
South Idaho Silver Project [Member]	'	'
Exploration and evaluation properties, Beginning balance	32,500	32,500
Exploration and evaluation additions	4,150	'
Exploration and evaluation write-down	-36,650	'
Exploration and evaluation properties, Ending balance	'	32,500
Boulder Hill Claims [Member]	'	'
Exploration and evaluation properties, Beginning balance	'	15,000
Exploration and evaluation additions	'	'
Exploration and evaluation write-down	'	-15,000
Exploration and evaluation properties, Ending balance	'	'
Boulder Hill Project [Member]	'	'
Exploration and evaluation properties, Beginning balance	'	18,000
Exploration and evaluation additions	'	'
Exploration and evaluation write-down	'	-18,000
Exploration and evaluation properties, Ending balance	'	'
Uranium Claim Prospect [Member]	'	'
Exploration and evaluation properties, Beginning balance	'	'
Exploration and evaluation additions	1,000	'
Exploration and evaluation write-down	'	'
Exploration and evaluation properties, Ending balance	$1,000	'

3_Mineral_Property_Interests_D1

3. Mineral Property Interests (Details Narrative) (USD $)	6 Months Ended	9 Months Ended	193 Months Ended			12 Months Ended		12 Months Ended
	Jun. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Dec. 31, 2012	Dec. 31, 2012	Sep. 30, 2013	Dec. 31, 2012
	South Idaho Silver Project [Member]	South Idaho Silver Project [Member]	South Idaho Silver Project [Member]	South Idaho Silver Project [Member]	South Idaho Silver Project [Member]	Boulder Hill Project [Member]	Boulder Hill Project [Member]	Boulder Hill Claims [Member]
Accounts payable and accrued liabilities	'	'	'	$11,245	$10,245	$19,394	$3,091	'
Provision for write-down of mineral property interests in the amount	$0	$36,650	$36,650	'	'	$18,000	'	$15,000

4_Property_and_Equipment_Detai

4. Property and Equipment (Details) (USD $)	9 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
	Sep. 30, 2013	Furniture Computer And Office Equipment [Member]
Cost	$47,433	'
Accumulated Amortization	42,880	'
Net Book Value	$4,553	$5,874

4_Property_and_Equipment_Detai1

4. Property and Equipment (Details Narrative) (USD $)	9 Months Ended
4. Property and Equipment (Details Narrative) (USD $)	Sep. 30, 2013	Sep. 30, 2012
Notes to Financial Statements	'	'
Additions to property and equipment	$0	$0

5_Accounts_Payable_and_Accrued1

5. Accounts Payable and Accrued Liabilities (Details Narrative) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Deconsolidated accounts payable	$68,100	'
Former Officer [Member]	'	'
Accounts payable and accrued liabilities	3,551	3,876
Director [Member]	'	'
Accounts payable and accrued liabilities	14,112	10,817
Officer [Member]	'	'
Accounts payable and accrued liabilities	12,875	10,000
Officer 1 [Member]	'	'
Accounts payable and accrued liabilities	6,250	4,150
Mineral Property Acquisition Costs [Member]	'	'
Accounts payable and accrued liabilities	$3,091	$19,394

6_Convertible_Promissory_Notes2

6. Convertible Promissory Notes (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Principal net of debt discount	$32,425	$69,730
Accrued interest	2,550	'
Total	34,975	'
Asher Note [Member]	'	'
Principal net of debt discount	'	5,853
Accrued interest	'	'
Total	'	'
Asher Note 2 [Member]	'	'
Principal net of debt discount	'	40,041
Accrued interest	'	'
Total	'	'
Asher Note Three [Member]	'	'
Principal net of debt discount	'	22,463
Accrued interest	'	'
Total	'	'
Asher Note Four	'	'
Principal net of debt discount	'	1,373
Accrued interest	'	'
Total	'	'
Asher Note Five [Member]	'	'
Principal net of debt discount	12,142	'
Accrued interest	1,320	'
Total	13,462	'
Asher Note Six [Member]	'	'
Principal net of debt discount	17,951	'
Accrued interest	1,090	'
Total	19,041	'
Asher Note Seven [Member]	'	'
Principal net of debt discount	2,332	'
Accrued interest	140	'
Total	$2,472	'

6_Convertible_Promissory_Notes3

6. Convertible Promissory Notes (Details Narrative) (USD $)

9 Months Ended

193 Months Ended

9 Months Ended

193 Months Ended

9 Months Ended

193 Months Ended

9 Months Ended

193 Months Ended

9 Months Ended

193 Months Ended

9 Months Ended

181 Months Ended

9 Months Ended

193 Months Ended

9 Months Ended

193 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Asher [Member]

Asher Note 2 [Member]

Asher Note 3 [Member]

Asher Note Four

Asher Note Five [Member]

Asher Note Six [Member]

Asher Note 7 [Member]

Asher Note [Member]

Accrued interest expense

$30,089

$30,416

$1,761

$1,625

$20,936

$31,321

$20,847

$11,926

$42,232

$19,608

$20,981

$23,162

$19,041

$2,472

Amortization of debt discount

66,451

26,668

27,155

19,300

27,155

6,291

11,227

26,422

18,035

19,330

21,842

17,951

2,332

Common share issued

5,945,378

47,527,322

60,393,147

113,144,698

58,174,602

42,182,653

Conversion value of share issued

4,100

3,900

42,350

28,600

9,700

34,900

Accrued interest

1,500

1,761

1,500

37,500

2,666

37,500

41,250

1,100

41,250

2,750

551

2,750

17,800

Write-down of accrued interest

2,666

960

551

Accrued interest expense penalties

13,750

Reduced principal amount

$2,600

7_Promissory_Notes_Details_Nar

7. Promissory Notes (Details Narrative) (USD $)	9 Months Ended		12 Months Ended
7. Promissory Notes (Details Narrative) (USD $)	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Promissory Notes Details Narrative	'	'	'
Long term promissory note	$68,100	'	'
Accrued interest	1,376	0	0
Promissory notes principal	201,100	'	0
Cumulative accrued interest	'	$1,376	'

8_Due_to_Related_Parties_and_R1

8. Due to Related Parties and Related Party Transactions (Details Narrative) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Preferred shares issued	10,545,600	'	'
Preferred shares issued, value	$23,200	'	'
Preferred share issued, per share	$0.00	'	'
Settlement of liabilities	23,200	'	'
Former Officer [Member]	'	'	'
Accounts payable and accrued liabilities	3,551	'	3,876
Director [Member]	'	'	'
Accounts payable and accrued liabilities	14,112	'	10,817
Paid or accrued for consulting fees	13,000	1,517	'
Officer [Member]	'	'	'
Accounts payable and accrued liabilities	12,875	'	10,000
Paid or accrued for consulting fees	6,500	3,250	'
Officer 1 [Member]	'	'	'
Accounts payable and accrued liabilities	6,250	'	4,150
Director 1 [Member]	'	'	'
Paid or accrued for consulting fees	$12,500	$0	'

9_Common_Stock_Details

9. Common Stock (Details) (USD $)	Sep. 30, 2013
Number of options	325,000
Option One [Member]	'
Number of options	250,000
Exercise price	0.07
Remaining life (years)	'8 months 12 days
Option Two [Member]	'
Number of options	75,000
Exercise price	0.15
Remaining life (years)	'8 years 7 months 2 days

9_Common_Stock_Details_Narrati

9. Common Stock (Details Narrative) (USD $)	9 Months Ended
9. Common Stock (Details Narrative) (USD $)	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Common Stock Par Value	$0.00	'	$0.00
Common Stock Shares Issued	368,871,415	'	83,686,238
Common Stock Shares Outstanding	368,871,415	'	83,686,238
Preferred Stock Par Value	$0.00	'	$0.00
Preferred Stock Issued	47,568,500	'	0
Preferred Stock Outstanding	47,568,500	'	0
Stock option activities	$0	$0	'
Share purchase warrants outstanding	0	'	0
Warrant [Member]	'	'	'
Stock option activities	0	0	'
Asher Note Five [Member]	'	'	'
Common share issued to Asher	19,285,714	'	'
Conversion value of share issued	$2,700	'	'

12_Supplemental_Disclosures_wi2

12. Supplemental Disclosures with Respect to Cash Flows (Details) (USD $)	9 Months Ended		193 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Supplemental cash flows information	'	'	'
Interest expense	'	'	$1,906
Foreign exchange (gain) loss	'	'	21,787
Income taxes paid	'	'	'
Supplemental disclosure of non-cash investing and financing	'	'	'
Common shares issued for oil and gas property ($25 per share)	'	'	10,000
Common shares issued for services ($6 per share)	'	'	50,000
Donated consulting services	'	'	16,200
Common shares cancelled and returned	'	'	-2
Common shares issued for equity acquisition of Finmetal ($25.60 per share)	'	'	1,280,000
Restricted shares issued ($24.80 per share)	'	'	2,418,000
Common shares issued for finder's fee ($10 per unit)	'	'	254,500
Warrants issued	'	'	100,421
Common shares issued for finder's fee for mineral property interests ($26.80 per share)	'	'	536,000
Common shares issued for acquisition of mineral rights (deemed at $0.003 to $0.25 per share)	'	'	2,320,000
Common shares issued upon conversions of promissory note ($0.00058 to $0.0013 per share)	123,750	'	158,650
Preferred shares issued for settlement of debt ($0.0022 per share)	$104,650	'	$104,650

12_Supplemental_Disclosures_wi3

12. Supplemental Disclosures with Respect to Cash Flows (Details Narrative) (USD $)	9 Months Ended		12 Months Ended			9 Months Ended			9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 30, 2013	Sep. 30, 2012
	Sep. 30, 2013	Sep. 30, 2012	Boulder Hill Claims and Property [Member]	Boulder Hill Claims [Member]	Boulder Hill Claims [Member]	South Idaho Silver Project [Member]	South Idaho Silver Project [Member]	South Idaho Silver Project [Member]	Asher Note [Member]	Asher [Member]
Mineral property acquisition costs and exploration expenditures	'	'	'	$3,091	$19,394	$11,245	'	$10,245	'	'
Provision for write-down of mineral property interests in the amount	'	'	33,000	'	'	36,650	0	'	'	'
Accrued interest expense convertible debentures	86,763	62,951	'	'	'	'	'	'	5,938	0
Amortization of debt	66,451	57,195	'	'	'	'	'	'	'	'
Default penalty	13,750	0	'	'	'	'	'	'	'	'
Amount payable to a vendor	5,373	'	'	'	'	'	'	'	'	'
Gain related to this settlement	45,357	'	'	'	'	'	'	'	'	'
settlement of liabilities	$150,007	'	'	'	'	'	'	'	'	'

13_Fair_Value_of_Financial_Ins1

13. Fair Value of Financial Instruments (Details Narrative) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Carrying amount of long-term debt and other financing	$202,476	$0
Fair value of the beneficial conversion feature estimated	79,516	81,077
Working capital deficit	323,584	570,498
Level 1 [Member]	'	'
Fair value of the beneficial conversion feature estimated	79,516	81,077
Level 2 [Member]	'	'
Fair value of the beneficial conversion feature estimated	$0	$0