First Colombia Gold (FCGD) 10-K 31 May 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 31, 2016
Document And Entity Information
Entity Registrant Name	FIRST COLOMBIA GOLD CORP.
Entity Central Index Key	1,045,929
Document Type	10-K
Document Period End Date	Dec. 31, 2015
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?	No
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		4,837,886,575
Public Float		$ 0
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash	$ 0	$ 33,833
Prepaid expenses	0	0
Other receivable	0	0
Total current assets	0	33,833
Mineral property interests	0	0
Property and Equipment Net of Depreciation	346,237	493,901
Total Assets	346,237	527,734
Current Liabilities
Accounts payable and accrued liabilities	561,935	289,438
Accounts payable, related parties	29,550	29,550
Convertible notes payable, net of discounts of $0 and $1,038,502	1,345,052	473,148
Derivative liabilities	2,837,179	544,392
Total Current Liabilities	4,773,716	1,336,528
Notes Payable Current	264,100	264,100
Asset Retirement Obligation	125,221	125,221
Notes Payable Net	389,321	389,321
Total Liabilities	5,163,037	1,725,849
Stockholders' Deficit
Preferred Stock Blank Check Preferred Stock, authorized 116,818,182 shares, 0 issued and outstanding	0	0
Common Stock Par value $.00001, authorized 10,000,000,000, and 4,837,886,575 and 398,707,651 shares issued and outstanding at December 31, 2015 and 2014, respectively	48,379	3,987
Additional paid-in capital	76,019,639	73,775,496
Deficit accumulated during the exploration stage	(80,931,637)	(75,024,417)
Total Stockholders' Deficit	(4,816,800)	(1,198,115)
Total liabilities and stockholders' equity deficit	346,237	727,734
Series A Preferred Stock [Member]
Stockholders' Deficit
Series A Convertible Preferred Stock, par value $.001, authorized 50,000,000, 46,818,000 and 46,818,000 shares issued and outstanding, respectively Series B Convertible Preferred Stock, par value $0, authorized 33,181,818, 0 issued and outstanding	46,819	46,819
Series B Preferred Stock [Member]
Stockholders' Deficit
Series A Convertible Preferred Stock, par value $.001, authorized 50,000,000, 46,818,000 and 46,818,000 shares issued and outstanding, respectively Series B Convertible Preferred Stock, par value $0, authorized 33,181,818, 0 issued and outstanding	$ 0	$ 0

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current Liabilities
Discount on convertible notes payable	$ 0	$ 1,038,502
Stockholders' Deficit
Preferred Stock Par Value	$ 0	$ 0
Preferred Stock Shares Authorized	116,818,182	116,818,182
Preferred Stock Shares Issued	0	0
Preferred Stock Shares Outstanding	0	0
Common Stock Par Value	$ .00001	$ 0.00001
Common Stock Shares Authorized	10,000,000,000	10,000,000,000
Common Stock Shares Issued	4,837,886,575	398,707,651
Common Stock Shares Outstanding	4,837,886,575	398,707,651
Series A Preferred Stock [Member]
Stockholders' Deficit
convertible preferred stock par Value	$ .001
convertible preferred stock Shares Authorized	50,000,000
convertible preferred stock Shares Issued	46,818,000
convertible preferred stock Shares Outstanding	46,818,000
Series A Preferred Stock [Member]
Stockholders' Deficit
convertible preferred stock par Value		$ .001
convertible preferred stock Shares Authorized		50,000,000
convertible preferred stock Shares Issued		46,818,000
convertible preferred stock Shares Outstanding		46,818,000
Series B Preferred Stock [Member]
Stockholders' Deficit
convertible preferred stock par Value	$ 0	$ 0
convertible preferred stock Shares Authorized	33,181,818	33,181,818
convertible preferred stock Shares Issued	0	0
convertible preferred stock Shares Outstanding	0	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Condensed Consolidated Statements Of Operations
Revenues	$ 12,127	$ 22,726
Expenses
Depreciation	147,664	32,212
General and administrative	2,322,814	55,598,968
Impairment loss on mineral properties	0	0
Mineral property exploration expenditures	0	433,229
Total Operating Expense	2,470,478	56,064,409
Loss from operations	(2,458,351)	(56,064,409)
Other Items
Gain on extinguishment of debt	365,849	17,253
Gain on sale of oil and gas property	0	0
Interest income	0	0
Recovery of expenses	0	0
Interest expense	(1,591,256)	(1,795,289)
Gain (Loss) on derivative liabilities	(1,904,998)	3,503,865
Write-down of incorporation cost	0	0
Write-down of assets	0	0
Total Other Items	(3,596,533)	1,252,681
Net loss before income taxes	(5,907,220)	(54,811,728)
Future income tax recovery	0	0
Net loss from continuing operations	(5,907,220)	(54,811,728)
Discontinued operations of Beardmore Holdings, Inc.	0	0
Net loss	$ (5,907,220)	$ (54,811,728)
Loss per common share - basic and diluted Continuing operations	$ 0	$ 0
Weighted average shares outstanding of common - basic and diluted	2,929,894,849	175,176,735

Condensed Consolidated Stateme5

Condensed Consolidated Statement of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash Flows Used in Operating Activities:
Net Income (Loss)	$ (5,907,220)	$ (54,811,728)
Adjustments:
Depreciation	147,664	32,212
Debt discount amortization and origination interest	1,747,859	444,387
Loss on derivative liabilities	1,904,998	(127,606)
Stock issued as compensation	1,800,000	53,997,637
Gain on extinguishment of debt	0	0
Future income tax recovery	0	0
Accured interest	0	0
Gain on sale of oil and gas property	0	0
Mineral property acquisition	0	0
Stock-based compensation (recovery)	0	0
Write-down and impairment loss on mineral properties	0	0
Impairment loss on mineral properties	0	0
Changes in operating assets and liabilities
Other Receivable & Prepaid Expenses	0	(16,500)
Asset retirement obligation	0	125,221
Increase (decrease) in accounts payable and accrued liabilities	272,497	49,786
Net Cash used in Continuing Operating Activities	(400,051)	(717,978)
Net cash used in discontinued operations	0	0
Net Cash used in Operating Activities	(400,051)	(717,978)
Net Cash Used In Investing Activities
Advances to related parties	85,000	1,145
Purchase of mineral property interests	0	0
Proceeds from sale of oil and gas property	0	0
Oil and gas property acquisitions	0	0
Oil and gas exploration	0	0
Purchase of equipment	0	0
Website development costs	0	0
Net Cash Provided by (Used In) Investing Activities	85,000	1,145
Cash Flows From Financing Activities:
Proceeds from notes payable	281,218	1,635,650
Payments of notes payable	0	(1,097,603)
Warrants exercised	0	0
Proceeds from common stock, net of share issue costs	0	213,354
Net Cash Provided by Financing Activities	281,218	751,401
Net cash used in discontinued operations	0	0
Net (Decrease) in Cash	(33,833)	33,833
Cash at Beginning of Period	33,833	0
Cash at End of Period	0	33,833
Supplemental disclosure of cash flow information:
Stock issued for acquisition	0	522,000
Preferred shares exchanged for common stock	0	15
Common shares issued upon conversion of promissory notes	0	51,651
Notes payable issued for settlement of accounts payable	0	21,250
Preferred A shares issued for settlement of accounts payable	$ 0	$ 0

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders’ Equity (Deficiency) - USD ($)	Preferred Stock	Common Stock	Additional Paid-In Capital	Deficit Accumulated During The Exploration Stage	Total
Balance Share at Dec. 31, 2013	47,568,500	1,158,028
Balance Amount at Dec. 31, 2013	$ 47,569	$ 12	$ 18,964,769	$ (20,212,689)	$ (1,200,339)
Common stock issued as compensation Share		374,000,000
Common stock issued as compensation Amount		$ 3,740	53,993,897		53,997,637
Common stock exchanges for accounts payable Share		458,333
Common stock exchanges for accounts payable Amount		$ 5	21,245		21,250
Common stock issued for PPM Share		10,000,000
Common stock issued for PPM Amount		$ 100	222,050		222,150
Common shares issued on conversion of promissory notes Share		9,591,290
Common shares issued on conversion of promissory notes Amount		$ 95	50,820		50,915
Preferred shares issued on liability reduction Share	(750,000)	1,500,000
Preferred shares issued on liability reduction Amount	$ (750)	$ 15	735		0
Common stock issued for acquisition Share		2,000,000
Common stock issued for acquisition Amount		$ 20	521,980		522,000
Net Loss				(54,811,728)	(54,811,728)
Balance Share at Dec. 31, 2014	46,818,500	398,707,651
Balance Amount at Dec. 31, 2014	$ 46,819	$ 3,987	73,775,496	(75,024,417)	(1,198,115)
Common stock issued as compensation Share		1,500,000,000
Common stock issued as compensation Amount		$ 15,000	1,785,000		1,800,000
Common shares issued on conversion of promissory notes Share		2,939,178,924
Common shares issued on conversion of promissory notes Amount		$ 29,392	459,143		488,535
Common stock issued for acquisition Amount					0
Net Loss				(5,907,220)	(5,907,220)
Balance Share at Dec. 31, 2015	46,818,500	4,837,886,575
Balance Amount at Dec. 31, 2015	$ 46,819	$ 48,379	$ 76,019,639	$ (80,931,637)	$ (4,816,800)

Nature, Basis of Presentation a

Nature, Basis of Presentation and Continuance of Operations	12 Months Ended
	Dec. 31, 2015
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 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 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.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Significant Accounting Policies	The following is a summary of significant accounting policies used in the preparation of these consolidated financial statements. Principles of consolidation The accompanying 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. All inter-company balances and transactions have been eliminated in these 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. As at 31 December 2015 and 2014, the Company had $0 and $33,833 cash and cash equivalents. Property and equipment Furniture, computer equipment, and office equipment and computer software are carried at cost and are amortized over their estimated useful lives of three to five years at rates as follows: Furniture, computer and office equipment Five years Computer software Three Years 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 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. As of December 31, 2013 all mining assets have been fully impaired. 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. Stock-based compensation Effective 1 January 2006, the Company adopted the provisions of ASC 718, “ Compensation – Stock Compensation Basic and diluted loss per share The Company computes net loss per share in accordance with ASC 260, “ Earnings per Share Financial instruments The carrying value of amounts receivable, bank indebtedness, 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. 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 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” Asset retirement obligations The Company has adopted ASC 410, “Assets Retirement and Environmental Obligations” Convertible debt The Company has adopted ASC 470-20, “Debt with Conversion and Other Options” As of January 1, 2013, it was determined that the conversion features in the convertible debt were derivative liabilities. Accordingly, we have separately measured and accounted for these derivative liabilities, in accordance with ASC 815-15. 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. Reclassifications Certain prior period amounts have been reclassified to conform to current period presentation. Recent Accounting Pronouncements On June 10, 2014, the FASB issued Accounting Standards Update (ASU) No. 2014-10 Development Stage Entities (Topic 915) – Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation The Company has implemented all other new accounting pronouncements that are in effect and that may impact its consolidated financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Going Concern

Going Concern	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Going Concern	The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. Currently, the Company has consistently incurred operating losses, and as of December 31, 2015 the Company had a working capital deficit and an accumulated deficit. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Management believes that the Company’s capital requirements will depend on many factors including the success of the Company’s development efforts and its efforts to raise capital. Management also believes the Company needs to raise additional capital for working capital purposes. There is no assurance that such financing will be available in the future. The conditions described above raise substantial doubt about our ability to continue as a going concern. The financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

Mineral Property Interests

Mineral Property Interests	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Mineral Property Interests	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); ● Pay $25,000 in cash by 5 May 2013 (unpaid); 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. As of December 31, 2013, the Company recorded a write-down of mineral property in the amount of $15,000 related to the Boulder Hill Claims. This claim has been fully impaired since December 31, 2013. 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); ● Pay $25,000 in cash by 30 September 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). 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, as of December 31, 2012. During the year ended 31 December 2013, the Company decided to cancel the portion of the Boulder Hill project involving the state lease, and is in the process of re-staking unpatented mining claims. This project has been fully impaired since December 31, 2013. 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: ● 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); ● Pay $50,000 by 15 July 2013 (unpaid); and ● Castle Creek will be entitled to a 1% net smelter return (“NSR”) from any ore produced from the South Idaho Property. 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: ● $2,500 on or before 31 January 2012 plus 5% of any JVBP (paid); ● $2,500 on or before 20 June 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: ● 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: ● 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 requirements that become due in 2014 in exchange for cash payment of or issuance of common shares valued at $50,000. 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, or determining to re-stake the mining claims. During 2013, the Company recorded a provision for write-down of mineral property interests of in the amount of $36,650 ( 31 December 2012- $Nil) related to the South Idaho Property. This project has been fully impaired since December 31, 2013. Temasek Properties Effective 18 September 2008 (the “Effective Date”), the Company entered into a Mineral Right Option Agreement with Temasek Investments Inc. (“Temasek”), a company incorporated under the laws of Panama (the “Temasek Agreement”), whereby the Company could acquire four separate options from Temasek, each providing for the acquisition of a 25% interest in certain mineral rights in Peru potentially resulting in the acquisition of 100% of the mineral rights (the “Mineral Rights”). The Mineral Rights were owned by Rio Santiago Minerales S.A.C. (“Rio Santiago”). Beardmore, a wholly-owned subsidiary of Temasek, owned 999 shares of the 1,000 shares of Rio Santiago that were issued and outstanding. Temasek owned the single remaining share of Rio Santiago. The acquisition of each 25% interest in the Mineral Rights would occur through the transfer to the Company of 25% of the outstanding shares of Beardmore. The Company exercised the initial 25% option to acquire a 25% interest in the Mineral Rights by paying $250,000, issuing 2,500,000 common shares of the Company and paying an additional $250,000 to Temasek. The Company entered into an amending agreement dated 12 May 2009 with Temasek related to the Temasek Properties, further amended pursuant to an agreement dated 3 February 2010 (the “Second Amending Temasek Agreement”). The Company exercised the second 25% option resulting in the acquisition of a 50% interest in the Mineral Rights by exercising and completing the initial 25% option, issuing 3,500,000 additional common shares of the Company (Notes 8, 12 and 13) and paying an additional $750,000 to Temasek. The Company entered into an amending agreement dated 25 June 2010 (the “Amendment Effective Date”) with Temasek related to the Temasek Properties (the “Third Amending Temasek Agreement”), whereby the Company now could exercise the third and fourth 25% options resulting in the acquisition of a 100% interest in the Mineral Rights by fulfilling the following conditions within ten business days from the Amendment Effective Date: ● Exercise and complete the initial and second 25% options (completed); ● Issue 11,000,000 additional common shares of the Company to Temasek (5,000,000 common shares issued on 9 March 2010) (Notes 8 and 12); ● Pay an additional $250,000 to Temasek (paid); ● Issue a convertible note for $250,000 to Temasek (the “$250,000 Convertible Note”) (issued). The $250,000 Convertible Note had a term of ninety days and will accrue interest at a rate of 12% per annum. Both principal and interest under the $250,000 Convertible Note were payable upon maturity (Note 6); and ● Issue a convertible note for $3,250,000 to Temasek (the “$3,250,000 Convertible Note”) (issued). The $3,250,000 Convertible Note had a term of three years and will accrue interest at a rate of 12% per annum. Interest would be payable annually and the principal was payable upon maturity. Temasek became a significant shareholder of the Company through the issuance of the 6,000,000 common shares on exercise of the option to acquire the initial and second 25% interests in the Mineral Rights and an additional 5,000,000 common shares on exercise of the partial payment toward the exercise of the option to acquire the third 25% interest. On 21 September 2011, the Company entered into a Settlement and Mutual Release Agreement (the “Settlement Agreement”) with Temasek, which resulted in the Company’s relinquishment and transfer to Temasek of its 50% interest in the outstanding capital stock of Beardmore, which indirectly holds, through its subsidiary Rio Santiago, the Mineral Rights to certain properties located in Peru, in exchange for Temasek releasing the Company from all of its outstanding obligations under the terms of the Temasek Agreement and its subsequent amendments entered into between the parties. Under the terms of the Settlement Agreement, the $250,000 Convertible Note and the $3,250,000 Convertible Note have been cancelled and the Company is no longer obligated to issue Temasek 6,000,000 shares of its common stock in exchange for the Company’s relinquishment and transfer to Temasek of its 50% interest in the outstanding capital stock of Beardmore. The Company is not entitled to recover any consideration previously paid to Temasek or any mineral property exploration expenditures incurred in connection with the exploration and development of the properties underlying the Mineral Rights. The Settlement Agreement included a mutual release of all claims arising out of or relating to the Temasek Agreement. By execution of the Settlement Agreement, the Company no longer has any interest, directly or indirectly, in any mineral or mining rights to properties located in Peru; and, as a result, deconsolidated mineral property interests in the amount of $6,981,553 during the year ended 31 December 2011 related to Rio Santiago. During the year ended 31 December 2011, the Company incurred $50,700 in exploration expenditures related to the Temasek Properties, which are included in discontinued operations for the year ended 31 December 2011. During the year ended 31 December 2011, the Company also recorded a write down of mineral property interests of $5,000,000. This project has been fully impaired since December 31, 2013. Uranium Claim Prospect The Company acquired through location two unpatented mining claims in eastern Washington state in July 2013 comprising approximately forty acres. This project has been fully impaired since December 31, 2013. 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. On 21 September 2011, the Company entered into a Settlement and Mutual Release Agreement (the “Settlement Agreement”) with Temasek, which resulted in the Company’s relinquishment and transfer to Temasek of its 50% interest in the outstanding capital stock of Beardmore, which indirectly holds, through its subsidiary Rio Santiago, the Mineral Rights to certain properties located in Peru, in exchange for Temasek releasing the Company from all of its outstanding obligations under the terms of the Temasek Agreement and its subsequent amendments entered into between the parties. Under the terms of the Settlement Agreement, the $250,000 Convertible Note and the $3,250,000 Convertible Note have been cancelled and the Company is no longer obligated to issue Temasek 6,000,000 shares of its common stock in exchange for the Company’s relinquishment and transfer to Temasek of its 50% interest in the outstanding capital stock of Beardmore. The Company is not entitled to recover any consideration previously paid to Temasek or any mineral property exploration expenditures incurred in connection with the exploration and development of the properties underlying the Mineral Rights. The Settlement Agreement included a mutual release of all claims arising out of or relating to the Temasek Agreement. By execution of the Settlement Agreement, the Company no longer has any interest, directly or indirectly, in any mineral or mining rights to properties located in Peru; and, as a result, deconsolidated mineral property interests in the amount of $6,981,553 during the year ended 31 December 2011 related to Rio Santiago. During the year ended 31 December 2011, the Company incurred $50,700 in exploration expenditures related to the Temasek Properties, which are included in discontinued operations for the year ended 31 December 2011. During the year ended 31 December 2011, the Company also recorded a write down of mineral property interests of $5,000,000. This project has been fully impaired since December 31, 2013.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Property and Equipment	Cost $ Accumulated Depreciation $ Net Book Value $ As of December 31, 2015 : Furniture, computer and office equipment 569,433 223,196 346,237 As of December 31, 2014 : Furniture, computer and office equipment 569,433 75,532 493,901 During the year ended 31 December 2015 and 2014, total additions to property and equipment were $0 and $0 and depreciation expense was $147,664 and $32,212.

Convertible Promissory Notes

Convertible Promissory Notes	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Convertible Promissory Notes	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”). On 8 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 May 12 2014 (the “Asher Note #7”). On 30 October 2013, the Company issued a convertible note to Asher in the amount of $16,500, 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 1 August 2014 (the “Asher Note #8”). On 24 December 2013, the Company issued a convertible note to Asher in the amount of $16,500, 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 30 August 2014 (the “Asher Note #9”). On 27 February 2014, the Company issued a convertible note to Asher in the amount of $13,500, 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 3 December 2014 (the “Asher Note #10”). On 11 April 2014, the Company issued a convertible note to KBM in the amount of $37,000, 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 14 January 2015 (the “KBM #1”). On 7 July 2014, the Company issued a convertible note to KBM 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 7 July 2015 (the “KBM #2”). On September 8, 2014 the company, having worked with representatives of both KBM and Asher arranged a payoff of all above mentioned notes, namely Asher Note#6, Asher Note#7, Asher Note#8, Asher Note#9, Asher Note#10, KBM #1 and KBM #2, and paid these notes off in their entirety reducing the company’s debt and freeing the company from any and all derivative liability associated with said indebtedness. On July 25, 2014, the Company entered in convertible note agreement with a private and accredited investor, Anubis Capital, in the amount of $149,500, unsecured, with principal and interest amounts due and payable upon maturity on July 25, 2015 (the “Anubis Note #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On August 20, 2014, the Company entered in convertible note agreement with a private and accredited investor, LDM Limited, in the amount of $222,150, unsecured, with principal and interest amounts due and payable upon maturity on August 20, 2015 (the “LDM #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On August 24, 2014, the Company entered in convertible note agreement with a private and accredited investor, Fire Hole Capital, in the amount of $100,000, unsecured, with principal and interest amounts due and payable upon maturity on August 24, 2015 (the “FHC #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On August 26, 2014, the Company entered in convertible note agreement with a private and accredited investor, LG Capital, in the amount of $105,000, unsecured, with principal and interest amounts due and payable upon maturity on August 26, 2015 (the “LG Note #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On August 29, 2014, the Company entered in convertible note agreement with a private and accredited investor, Union Capital, in the amount of $100,000, unsecured, with principal and interest amounts due and payable upon maturity on August 29, 2015 (the “Union Note #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On September 3, 2014, the Company entered in convertible note agreement with a private and accredited investor, JSJ Capital, in the amount of $100,000, unsecured, with principal and interest amounts due and payable upon maturity on September 3, 2015 (the “JSJ Note #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On September 15, 2014, the Company entered in convertible note agreement with a private and accredited investor, Adar Bays, in the amount of $50,000, unsecured, with principal and interest amounts due and payable upon maturity on September 15, 2015 (the “Adar Bays Note #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On October 14, 2014, the Company entered in convertible note agreement with a private and accredited investor, Vista Capital, in the amount of $25,000, unsecured, with principal and interest amounts due and payable upon maturity on October 15, 2015 (the “Vista Note #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On October 16, 2014, the Company entered in convertible note agreement with a private and accredited investor, Auctus Private Equity, in the amount of $70,000, unsecured, with principal and interest amounts due and payable upon maturity on October 16, 2015 (the “Auctus Note #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On October 22, 2014, the Company entered in convertible note agreement with a private and accredited investor, JMJ Capital, in the amount of $50,000, unsecured, with principal and interest amounts due and payable upon maturity on October 22, 2015 (the “JMJ #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On October 27, 2014, the Company entered in convertible note agreement with a private and accredited investor, Iconic Capital, in the amount of $50,000, unsecured, with principal and interest amounts due and payable upon maturity on October 27, 2015 (the “ICONIC #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On October 27, 2014, the Company entered in convertible note agreement with a private and accredited investor, Eastmore Capital, in the amount of $93,500, unsecured, with principal and interest amounts due and payable upon maturity on October 27, 2015 (the “EASTMORE #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On November 6, 2014, the Company entered in convertible note agreement with a private and accredited investor, Coventry Capital, in the amount of $50,000, unsecured, with principal and interest amounts due and payable upon maturity on November 6, 2015 (the “COVENTRY #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On November 10, 2014, the Company entered in convertible note agreement with a private and accredited investor, JSJ Capital, in the amount of $50,000, unsecured, with principal and interest amounts due and payable upon maturity on November 10, 2015 (the “JSJ #2”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On November 18, 2014, the Company entered in convertible note agreement with a private and accredited investor, Chicago Venture Group, in the amount of $50,000, unsecured, with principal and interest amounts due and payable upon maturity on November 18, 2015 (the “CVG #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On November 19, 2014, the Company entered in convertible note agreement with a private and accredited investor, Iconic Capital, in the amount of $100,000, unsecured, with principal and interest amounts due and payable upon maturity on November 19, 2015 (the “ICONIC #2”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On December 4, 2014, the Company entered in convertible note agreement with a private and accredited investor, Sojourn Investments, in the amount of $15,000, unsecured, with principal and interest amounts due and payable upon maturity on December 4, 2015 (the “SOJOURN #1”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. On December 16, 2014, the Company entered in convertible note agreement with a private and accredited investor, Union Capital, in the amount of $100,000, unsecured, with principal and interest amounts due and payable upon maturity on December 16, 2015 (the “UNION #2”). After six months, the note holder has the option to convert any portion of the unpaid principal balance into the Company’s common shares at any time. The Company has determined that the conversion feature in this note is not indexed to the Company’s stock, and is considered to be a derivative that requires bifurcation. The Company calculated the fair value of this conversion feature using the Black-Scholes model and the following assumptions: Risk-free interest rates ranging from .03% to .08%; Dividend rate of 0%; and, historical volatility rates ranging from 875.95% to 887.82%. The Company issued this Note convertible into shares of the Company’s restricted common stock, in a transaction pursuant to exemptions from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The investors of these notes were “accredited investor,” as such term is defined in Rule 501(a) of Regulation D of the Securities Act. The Transactions were made in reliance upon the exemption from registration provided by Section 4(2) of the Securities Act and Rule 506 of Regulation D of the Securities Act. The sale of the Notes did not involve a public offering and was made without general solicitation or general advertising. Neither the Notes nor the underlying shares of Common Stock issuable upon the conversion of the Notes have been registered under the Securities Act and neither may be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The following is the summary of convertible promissory notes that are issued and outstanding as at 31 of December 2015 and as at 31 of December 2014: Mudd Lake 5,469 0 Eastmore 52,850 0 Mudd Lake 26,400 0 KBM 10,800 0 JMJ 5,000 0 Service Trading 12,000 0 GW Holdings 8,452 0 Eastmore Capital 100,000 93,500 Actus Equity 67,500 70,000 Iconic Holdings 15,827 50,000 Vista Capital 16,667 25,000 JMJ 50,000 50,000 Iconic 100,000 100,000 Chicago Venture 50,000 50,000 JSJ 0 49,000 Union 0 50,000 Coventry 47,500 47,500 Anubis Capital 29,000 149,500 LDM Limited 172,785 222,150 Fire Hole Capital 68,750 100,000 LG Capital 92,996 105,000 Union Capital 65,306 100,000 JSJ Capital 100,000 100,000 Adar Bays 50,000 50,000 Sojourn 19,500 15,000 Union 85,000 85,000 Total 1,345,052 1,511,650 Unamortized Discount 0 (1,038,502 ) Convertible notes payable, net 1,345,052 473,148

Due to Related Parties and Rela

Due to Related Parties and Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Due to Related Parties and Related Party Transactions	Included in accounts payable and accrued liabilities as at 31 December 2014 and 2013 are amounts due to related parties of $29,550 and $29,550, respectively.. These amounts are non-interest bearing, unsecured and have no fixed terms of repayment. During 2015: During the year the board approved stock compensation to Clarence Parks of 750,000,000 shares of common stock valued at $900,000 which was the fair market value on the date the compensation was authorized. During the year the board approved stock compensation to Jason Castenir of 750,000,000 shares of common stock valued at $900,000 which was the fair market value on the date the compensation was authorized. During 2014: During the year our officers loan working capital funds to the Company and repaid those funds as cash became available. During the year we paid Robert Gates and his own firm MBC Services, Inc. management fees of $64,000. During the year the board approved stock compensation to Robert Gates of 110,000,000 shares of common stock valued at $4,377,900 which was the fair market value on the date the compensation was authorized. During the year the board approved stock compensation to Clarence Parks of 100,000,000 shares of common stock valued at $21,999,000 which was the fair market value on the date the compensation was authorized. During the year the board approved stock compensation to Jason Castenir of 150,000,000 shares of common stock valued at $26,263,500 which was the fair market value on the date the compensation was authorized.

Stockholder's Deficit

Stockholder's Deficit	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Stockholder's Deficit	Authorized The total authorized capital consists of ● 10,000,000,000 common shares with par value of $0.00001 (Note 15) ● 116,818, 182 blank check preferred shares with no par value ● 50,000,000 designated class A preferred shares with par value of $0.001, no voting or conversion rights Issued and outstanding Common Stock As at 31 December 2015, the total issued and outstanding capital stock was 4,837,886,575 common shares with a par value of $0.00001 per share. As at 31 December 2014, the total issued and outstanding capital stock was 398,707,651 common shares with a par value of $0.00001 per share. Issuances of Common Stock In 2015 the Company issued 4,439,178,924 common shares were issued upon conversion of $51,651 upon conversion of debt. In 2014 the Company issued 9,591,290 common shares were issued upon conversion of $51,651 upon conversion of debt. Preferred Stock Preferred A On November 15, 2012, the Company filed a Certificate of Designation for its Class Series A Preferred Convertible Stock with the Secretary of State of Nevada designating 50,000,000 shares of its authorized Preferred Stock as Class A Preferred Convertible Stock. The Class A Preferred Shares have a par value of $.001 per share. The Class A Preferred Shares are convertible into shares of the Company’s common stock at a rate of 1 preferred share equals 1 common share. In addition, the Class A Preferred Shares rank senior to the Company’s common stock. The Class A Preferred Shares have voting rights equal to that of the common stockholders and may vote on any matter that common shareholders may vote. One Class A Preferred Shares is the voting equivalent of one common share. The Company does have the right, at its discretion, to redeem the Class A Preferred Shares at a price of $.01 per share. On February 1, 2013 the Company”) agreed to issue 47,568,500 shares of its Class A Preferred Convertible Stock, in exchange for the settlement of debt of approximately $104,651 to both unrelated parties and certain officers and directors of the Company. The Class A Preferred shares were issued at a price of $0.0022 per share. Related forgiveness of debt income was recorded of $50,730 as of 31 December 2013. Stock options The following stock options are outstanding as at 31 December 2015: Number of options Exercise price Remaining life (years) Options 0 0 0 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. The following is a summary of stock option activities during the years ended 31 December 2015 and 2014: Number of stock options Weighted average exercise price Outstanding and exercisable at 31 December 2015 and 2014 0 0 Weighted average fair value of options granted during the year - Weighted average fair value of options granted during the year 0.00 The aggregate intrinsic value of options outstanding and exercisable at 31 December 2014 and 2013 was $nil and $nil, respectively.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
Commitments and Contingencies	 

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	The Company has losses carried forward for income tax purposes as of 31 December 2015 the Company has fully reserved for any benefits of these losses. The deferred tax consequences of temporary differences in reporting items for financial statement and income tax purposes are recognized, as appropriate. Realization of the future tax benefits related to the deferred tax assets is dependent on many factors, including the Company’s ability to generate taxable income within the net operating loss carry-forward period. Management has considered these factors in reaching its conclusion as to the valuation allowance for financial reporting purposes The provision for refundable federal income tax for the years ended 31 December 2015 consists of the following: 2015 $ Refundable federal tax asset (liability) attributable to: Current operations 5,907,220 Permanent differences (5,907,220) Less: Change in valuation allowance (2,008,455) Income tax expense - The tax effects of temporary differences that give rise to future income tax assets and liabilities as at 31 December 2014 are as follows: 2014 $ Statutory federal income tax rate 34 % Net operating loss carryforwards 80,931,637 Net deferred tax asset 27,516,757 Less: Valuation allowance (27,516,757) Future tax assets (liabilities) - The net operating losses of the Company will begin to expire in 2030. As of December 31, 2015 and 2014, the Company has no unrecognized income tax benefits. The Company’s policy for classifying interest and penalties associated with unrecognized income tax benefits is to include such items as tax expense. No interest or penalties have been recorded during the years ended December 31, 2015, and 2014 and no interest or penalties have been accrued as of December 31, 2015 and 2014. As of December 31, 2015 and 2014, the Company did not have any amounts recorded pertaining to uncertain tax positions. The tax years from 2016 and forward remain open to examination by federal and state authorities due to net operating loss and credit carryforwards. The Company is currently not under examination by the Internal Revenue Service or any other taxing authorities.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2015
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. The Company’s derivative liability is an embedded derivative associated with one of the Company’s convertible promissory notes. The convertible promissory note was issued on during 2013 and 2014 and all have similar features and are thus grouped together here and for classification, (the "Note"), is a hybrid instruments which contain an embedded derivative feature which would individually warrant separate accounting as a derivative instrument under Paragraph 815-10-05-4. The embedded derivative feature includes the conversion feature to the Note. Pursuant to Paragraph 815-10-05-4, the value of the embedded derivative liability have been bifurcated from the debt host contract and recorded as a derivative liability resulting in a reduction of the initial carrying amount (as unamortized discount) of the notes, which are amortized as debt discount to be presented in other (income) expenses in the statements of operations using the effective interest method over the life of the notes. The embedded derivative within the note have been valued using the Black Scholes approach, recorded at fair value at the date of issuance; and marked-to-market at each reporting period end date with changes in fair value recorded in the Company’s statements of operations as “change in the fair value of derivative instrument”. As of December 31, 2016 and 2014, the estimated fair value of derivative liability was determined to be $2,837,179 and $544,392, respectively. During the year ended December 31, 2015 and 2014, amortization of 1,071,972 and $1,772,539 was recorded against the discount. The change in the fair value of derivative liabilities for the year ended December 31, 2015 was $2,292,787 resulting in an aggregate loss on derivative liabilities of $1,904,998. Summary of Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis Our financial assets and (liabilities) carried at fair value measured on a recurring basis as of December 31, 2015 and 2014, consisted of the following: Fair Value Measurements Using Total Fair Quoted prices in Significant other Significant Value at active markets observable inputs Unobservable inputs Description December 31, 2015 (Level 2) (Level 2) (Level 3) Derivative liabilities $ 2,837,179 $ - $ 2,837,179 $ - As at 31 December 2013, the carrying amounts of amounts receivable and accounts payable and accrued liabilities approximated their estimated fair values because of the short maturity of these financial instruments. Our financial assets and (liabilities) carried at fair value measured on a recurring basis as of December 31, 2013, consisted of the following: Fair Value Measurements Using Total Fair Quoted prices in Significant other Significant Value at active markets observable inputs Unobservable inputs Description December 31, 2014 (Level 2) (Level 2) (Level 3) Derivative liabilities $ 544,392 $ - $ 544,392 $ -

Significant Accounting Polici18

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Significant Accounting Policies Policies
Principles of consolidation	The accompanying 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. All inter-company balances and transactions have been eliminated in these 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. As at 31 December 2015 and 2014, the Company had $0 and $33,833 cash and cash equivalents.
Property and equipment	Furniture, computer equipment, and office equipment and computer software are carried at cost and are amortized over their estimated useful lives of three to five years at rates as follows: Furniture, computer and office equipment Five years Computer software Three Years 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 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. As of December 31, 2013 all mining assets have been fully impaired.
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.
Stock-based compensation	Effective 1 January 2006, the Company adopted the provisions of ASC 718, “ Compensation – Stock Compensation
Basic and diluted loss per share	The Company computes net loss per share in accordance with ASC 260, “ Earnings per Share
Financial instruments	The carrying value of amounts receivable, bank indebtedness, 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.
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
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”
Asset retirement obligations	The Company has adopted ASC 410, “Assets Retirement and Environmental Obligations”
Convertible debt	The Company has adopted ASC 470-20, “Debt with Conversion and Other Options” As of January 1, 2013, it was determined that the conversion features in the convertible debt were derivative liabilities. Accordingly, we have separately measured and accounted for these derivative liabilities, in accordance with ASC 815-15.
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.
Reclassifications	Certain prior period amounts have been reclassified to conform to current period presentation.
Recent Accounting Pronouncements	On June 10, 2014, the FASB issued Accounting Standards Update (ASU) No. 2014-10 Development Stage Entities (Topic 915) – Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation The Company has implemented all other new accounting pronouncements that are in effect and that may impact its consolidated financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Significant Accounting Polici19

Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Significant Accounting Policies Tables
Estimated useful lives of Furniture, computer equipment, office equipment and computer software	Furniture, computer and office equipment Five years Computer software Three Years

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property And Equipment Tables
Furniture, computer and office equipment	Cost $ Accumulated Depreciation $ Net Book Value $ As of December 31, 2015 : Furniture, computer and office equipment 569,433 223,196 346,237 As of December 31, 2014 : Furniture, computer and office equipment 569,433 75,532 493,901

Convertible Promissory Notes (T

Convertible Promissory Notes (Tables)	12 Months Ended
	Dec. 31, 2015
Convertible Promissory Notes Tables
Convertible Promissory Notes	Mudd Lake 5,469 0 Eastmore 52,850 0 Mudd Lake 26,400 0 KBM 10,800 0 JMJ 5,000 0 Service Trading 12,000 0 GW Holdings 8,452 0 Eastmore Capital 100,000 93,500 Actus Equity 67,500 70,000 Iconic Holdings 15,827 50,000 Vista Capital 16,667 25,000 JMJ 50,000 50,000 Iconic 100,000 100,000 Chicago Venture 50,000 50,000 JSJ 0 49,000 Union 0 50,000 Coventry 47,500 47,500 Anubis Capital 29,000 149,500 LDM Limited 172,785 222,150 Fire Hole Capital 68,750 100,000 LG Capital 92,996 105,000 Union Capital 65,306 100,000 JSJ Capital 100,000 100,000 Adar Bays 50,000 50,000 Sojourn 19,500 15,000 Union 85,000 85,000 Total 1,345,052 1,511,650 Unamortized Discount 0 (1,038,502 ) Convertible notes payable, net 1,345,052 473,148

Stockholder's Deficit (Tables)

Stockholder's Deficit (Tables)	12 Months Ended
	Dec. 31, 2015
Common Stock Tables
Stock options	Number of options Exercise price Remaining life (years) Options 0 0 0
Summary of stock option activities	Number of stock options Weighted average exercise price Outstanding and exercisable at 31 December 2015 and 2014 0 0 Weighted average fair value of options granted during the year - Weighted average fair value of options granted during the year 0.00

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Federal income tax	2015 $ Refundable federal tax asset (liability) attributable to: Current operations 5,907,220 Permanent differences (5,907,220) Less: Change in valuation allowance (2,008,455) Income tax expense -
Future income tax assets and liabilities	2014 $ Statutory federal income tax rate 34 % Net operating loss carryforwards 80,931,637 Net deferred tax asset 27,516,757 Less: Valuation allowance (27,516,757) Future tax assets (liabilities) -

Fair Value of Financial Instr24

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Of Financial Instruments Tables
Financial assets and (liabilities) carried at fair value measured on a recurring basis	Fair Value Measurements Using Total Fair Quoted prices in Significant other Significant Value at active markets observable inputs Unobservable inputs Description December 31, 2015 (Level 2) (Level 2) (Level 3) Derivative liabilities $ 2,837,179 $ - $ 2,837,179 $ - Fair Value Measurements Using Total Fair Quoted prices in Significant other Significant Value at active markets observable inputs Unobservable inputs Description December 31, 2014 (Level 2) (Level 2) (Level 3) Derivative liabilities $ 544,392 $ - $ 544,392 $ -

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2015
Notes to Financial Statements
ACQUISITIONS	Years ended December 31, 12/31/2014 12/31/2013 Sales 47,724 113,630 Earnings Attributable to First Columbia Gold (1,039,696 ) (54,775,935 ) Basic earnings per share available to common shareholders 0.00 0.00 Earnings per share assuming dilution available to common shareholders 0.00 0.00

Significant Accounting Polici26

Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2015
Furniture, Computer and Office Equipment [Member]
Estimated useful lives	5 years
Computer software [Member]
Estimated useful lives	3 years

Significant Accounting Polici27

Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Significant Accounting Policies Details Narrative
Cash and cash equivalents	$ 0	$ 33,833
Potential common shares, from convertible debt and convertible preferred stock	7,558,250	539,393
Impairment loss on mineral properties	$ 0	$ 0
Asset retirement obligations	$ 125,221	$ 125,221

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property And Equipment Details
Cost	$ 569,433	$ 569,433
Accumulated Amortization	223,196	75,532
Net Book Value	$ 346,237	$ 493,901

Property and Equipment (Detai29

Property and Equipment (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property And Equipment Details Narrative
Additions to property and equipment	$ 0	$ 0
Depreciation expense	$ 147,664	$ 32,212

Convertible Promissory Notes (D

Convertible Promissory Notes (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Total	$ 1,345,052	$ 1,511,650
Unamortized Discount	0	(1,038,502)
Convertible notes payable, net	1,345,052	473,148
Mudd Lake [Member]
Total	5,469	0
Eastmore [Member]
Total	52,850	0
Mudd Lake [Member]
Total	26,400	0
KBM [Member]
Total	10,800	0
JMJ [Member]
Total	5,000	0
Service Trading [Member]
Total	12,000	0
GW Holdings [Member]
Total	8,452	0
Eastmore Capital [Member]
Total	100,000	93,500
Actus Equity [Member]
Total	67,500	70,000
Iconic Holdings [Member]
Total	15,827	50,000
Vista Capital [Member]
Total	16,667	25,000
JMJ [Member]
Total	50,000	50,000
Iconic [Member]
Total	100,000	100,000
Chicago Venture [Member]
Total	50,000	50,000
JSJ [Member]
Total	0	49,000
Union [Member]
Total	0	50,000
Coventry [Member]
Total	47,500	47,500
Anubis Capital [Member]
Total	29,000	149,500
LDM Limited[Member]
Total	172,785	222,150
Fire Hole Capital [Member]
Total	68,750	100,000
LG Capital [Member]
Total	92,996	105,000
Union Capital [Member]
Total	65,306	100,000
JSJ Capital [Member]
Total	100,000	100,000
Adar Bays [Member]
Total	50,000	50,000
Sojourn [Member]
Total	19,500	15,000
Union [Member]
Total	$ 85,000	$ 85,000

Due to Related Parties and Re31

Due to Related Parties and Related Party Transactions (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2014
Common stock	$ 0	$ 213,354
Clarence Parks [Member]
Stock Based compensation	750,000,000	100,000,000
Common stock	$ 900,000	$ 21,999,000
Jason Castenir [Member]
Stock Based compensation	750,000,000	150,000,000
Common stock	$ 900,000	$ 26,263,500
Robert Gates [Member]
Accrued management fees			$ 64,000
Stock Based compensation			110,000,000
Common stock			$ 4,377,900

Stockholders' Deficit (Details)

Stockholders' Deficit (Details) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Stockholders Deficit Details
Number of options	0	0
Exercise price	$ 0	$ 0	$ 0
Remaining life (years)	0 years

Stockholders' Deficit (Details

Stockholders' Deficit (Details 1) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Stockholders Deficit Details 1
Shares outstanding and exercisable, Beginning balance	0	0
Shares outstanding and exercisable, Ending balance	0	0
Weighted average fair value of options granted during the period	$ 0	$ 0
Weighted Average Exercise Price
Weighted average exercise price outstanding and exercisable, Beginning balance	0	0
Weighted average exercise price outstanding and exercisable, Ending balance	0	0
Weighted average fair value of options granted during the period	$ 0	$ 0

Stockholders' Deficit (Detail34

Stockholders' Deficit (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Stockholders Deficit Details Narrative
Common shares issued	4,439,178,924	9,591,290
Conversion of debt	$ 51,651	$ 51,651
Aggregate intrinsic value of options outstanding and exercisable		$ 0	$ 0

Income Taxes (Details)

Income Taxes (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Refundable federal tax asset (liability) attributable to:
Current operations	$ 5,907,220
Permanent differences	(5,907,220)
Less: Change in valuation allowance	(2,008,455)
Income tax expense	$ 0

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2015
Income Taxes Details 1
Statutory federal income tax rate	34.00%
Net operating loss carryforwards	$ 80,931,637
Net deferred tax asset	27,516,757
Less: Valuation allowance	(27,516,757)
Future tax assets (liabilities)	$ 0

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Income Taxes Details Narrative
Interest or penalties	$ 0	$ 0

Fair Value of Financial Instr38

Fair Value of Financial Instruments (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Derivative liabilities	$ 2,837,179	$ 544,392
Quoted prices in active markets (Level 1) [Member]
Derivative liabilities	0	0
Significant other observable inputs (Level 2) [Member]
Derivative liabilities	2,837,179	544,392
Significant Unobservable inputs (Level 3) [Member]
Derivative liabilities	$ 0	$ 0

Fair Value of Financial Instr39

Fair Value of Financial Instruments (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value Of Financial Instruments Details Narrative
Derivative liability	$ 2,837,179	$ 544,392
Amortization	1,071,972	$ 1,772,539
Change in the fair value of derivative liabilities	2,292,787
Aggregate loss on derivative liabilities	$ (1,904,998)

ACQUISITIONS (Details)

ACQUISITIONS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Acquisitions Details
Sales	$ 47,724	$ 113,630
Earnings Attributable to First Columbia Gold	$ (1,039,696)	$ (54,775,935)
Basic earnings per share available to common shareholders	$ 0	$ 0
Earnings per share assuming dilution available to common shareholders	$ 0	$ 0