Tombstone Exploration (TMBXF) 20-F16 May 142013 FY Annual report (foreign)Financial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	12 Months Ended
Document and Entity Information	Dec. 31, 2013	13-May-14
Document and Entity Information	'	'
Entity Registrant Name	'TOMBSTONE EXPLORATION CORP	'
Document Type	'20-F	'
Document Period End Date	31-Dec-13	'
Amendment Flag	'false	'
Entity Central Index Key	'0001072772	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	125,407,408
Entity Filer Category	'Non-accelerated Filer	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Well-known Seasoned Issuer	'No	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'FY	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Dec. 31, 2012
Current assets	'	'
Cash	$43,560	$578
Total Current Assets	43,560	578
Property and equipment, net of accumulated amortization	9,914	15,135
Deferred financing costs	7,078	0
Total Assets	60,552	15,713
Current liabilities	'	'
Accounts payable	54,899	56,324
Accrued liabilities	9,765	11,000
Due to related parties	25,654	98,066
Convertible debenture, net of unamortized discount of $71,119	162,818	0
Derivative liability	127,451	26,627
Total Current Liabilities	380,587	192,017
Total Liabilities	380,587	192,017
Stockholders' Deficit	'	'
Common stock Authorized: unlimited common shares, with no par value Issued and outstanding: 122,414,114 and 103,660,905 common shares, respectively	17,956,297	17,646,580
Common stock subscribed	50,000	61,475
Additional paid-in capital	4,965,842	4,965,842
Accumulated deficit	-8,538,759	-8,538,759
Accumulated deficit during the exploration stage	-14,753,415	-14,311,442
Total Stockholders' Deficit	-320,035	-176,304
Total Liabilities and Stockholders' Deficit	$60,552	$15,713

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets Parentheticals	Dec. 31, 2013	Dec. 31, 2012
Stockholders equity number of shares par value and other disclosures	'	'
Common Stock, shares issued	122,414,114	122,414,114
Common Stock, shares outstanding	103,660,905	103,660,905

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended		96 Months Ended
Consolidated Statements of Cash Flows (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Operating Activities	'	'	'
Net loss for the period	($441,973)	($368,707)	($14,753,415)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'	'
Amortization expense.	5,221	8,676	84,412
Accretion expense.	107,460	'	155,460
Common stock issued for services	'	'	3,112,893
Common stock subscribed for services.	'	11,475	1,478,975
Impairment of mineral properties.	'	'	910,000
Impairment of property and equipment.	'	'	8,033
Loss (gain) on sale of property and equipment.	'	'	8,675
Loss (gain) on forgiveness of debt.	'	'	-390,029
Loss (gain) on fair value of derivatives.	100,824	-22,102	127,451
Stock-based compensation.	'	'	4,952,286
Changes in operating assets and liabilities:	'	'	'
Increase (Decrease) in Accounts Receivable	'	'	0
Amounts receivable	'	'	76,222
Deferred financing costs.	-7,078	'	-7,078
Accounts payable and accrued liabilities	1,440	-778	-96,099
Net cash used in operating activities	-234,106	-371,436	-4,332,214
Investing Activities	'	'	'
Acquisition of mineral properties	'	'	-110,000
Proceeds from sale of assets	'	'	24,000
Purchase of property and equipment	'	'	-135,034
Net cash used in investing activities	'	'	-221,034
Financing Activities	'	'	'
Proceeds from issuance of common shares and share subscriptions	65,000	'	3,455,500
Proceeds from issuance of convertible debt	232,500	'	232,500
Proceeds from loans payable	'	'	59,810
Proceeds from (repayments to) related parties, net	-35,912	-52,000	788,382
Due to related party	15,500	45,000	60,500
Net cash provided by financing activities	277,088	-7,000	4,596,692
Increase (Decrease) in cash	42,982	-378,436	43,444
Cash - Beginning of Period	578	379,014	116
Cash - End of Period	43,560	578	43,560
Supplemental Disclosures	'	'	'
Interest paid	'	'	0
Income tax paid	'	'	0
Non-Cash Investing and Financing Activities	'	'	'
Cancellation of common shares	'	'	-860,231
Common shares issued to acquire mineral properties	'	'	800,000
Common shares issued to settle debt	125,142	'	1,446,936
Common shares issued to settle related party debt	52,000	'	52,000
Common shares issued for finders' fees	'	'	112,000
Common shares issued for prepaid services	'	'	476,222
Subscribed common stock issued for services	'	11,475	67,475
Subscribed common stock issued (cash received in prior period)	'	'	$250,000

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	12 Months Ended		96 Months Ended
Consolidated Statements of Operations (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
REVENUES	'	'	'
Revenue	$0	$0	$0
Operating expenses	'	'	'
Consulting services	22,000	7,346	3,420,464
General and administrative	48,269	130,867	7,408,993
Impairment of property and equipment	0	0	8,033
Management and directors fees	120,000	214,075	1,404,075
Mineral properties	4,445	7,315	1,342,478
Professional fees	32,609	31,206	1,263,722
Total operating expenses	227,323	390,809	14,847,765
Operating loss	-227,323	-390,809	-14,847,765
Other income (expenses)	'	'	'
Gain on forgiveness of debt	0	0	415,089
Gain (loss) on fair value of derivatives	-100,824	22,102	-127,451
Accretion and interest expense	-113,826	0	-165,133
Gain (loss) on sale of assets	0	0	-11,809
Write-off of investment	0	0	-16,346
Total other income (expenses)	-214,650	22,102	94,350
Net loss	($441,973)	($368,707)	($14,753,415)
Net loss per share - Basic	$0	$0	'
Net Loss Per Share - Basic and Diluted	$0	$0	'
Weighted average shares outstanding	111,722,313	103,660,905	'

Consolidated_Statement_of_Stoc

Consolidated Statement of Stockholders' Equity (Deficit) (USD $)	Common Stock Shares	Common Stock Par Value	Additional Paid-In Capital	Common Stock Subscribed	Accumulated deficit	Accumulated deficit During the Expioration Stage	Total
	Common Stock Shares	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)
Balance at Jan. 01, 2006	1,568,324	7,468,288	56,800	0	-8,538,759	0	-1,013,671
Cancellation of common shares	-207,562	-20,756	20,756	0	0	0	0
Issuance of common shares for acquisition of mineral properties	8,000,000	800,000	0	0	0	0	800,000
Issuance of common shares for services	8,017,103	809,018	0	0	0	0	809,018
Issuance of common shares for cash	1,000,000	100,000	0	0	0	0	100,000
Issuance of share purchase warrants	'	$0	$4,952,286	$0	$0	$0	$4,952,286
Net loss for the year	'	0	0	0	0	-4,292,648	-4,292,648
Balance at Dec. 31, 2006	18,377,865	9,156,550	5,029,842	0	-8,538,759	-4,292,648	1,354,985
Cancellation of common shares	-4,000,000	-400,000	0	0	0	0	-400,000
Issuance of common shares for services	15,743,000	1,574,300	0	0	0	0	1,574,300
Issuance of common shares for cash at $0.10 per common share	3,850,000	385,000	0	0	0	0	385,000
Issuance of common shares for cash at $0.20 per common share	2,500,000	500,000	0	0	0	0	500,000
Issuance of common shares for finders' fee	175,000	35,000	-35,000	0	0	0	0
Net loss for the year	'	0	0	0	0	-3,352,421	-3,352,421
Balance at Dec. 31, 2007	36,645,865	11,250,850	4,994,842	0	-8,538,759	-7,645,069	61,864
Issuance of common shares for services	1,025,000	149,000	0	0	0	0	149,000
Issuance of common shares for cash at $0.20 per common share	4,000,000	800,000	0	0	0	0	800,000
Issuance of common shares for finders' fees	140,000	28,000	-28,000	0	0	0	0
Common stock subscribed	'	0	0	1,403,500	0	0	1,403,500
Net loss for the year	'	0	0	0	0	-2,696,001	-2,696,001
Balance at Dec. 31, 2008	41,810,865	12,227,850	4,966,842	1,403,500	-8,538,759	-10,341,070	-281,637
Issuance of common shares for services	13,400,000	2,525,500	0	-1,403,500	0	0	1,122,000
Issuance of common shares for cash	4,076,668	270,500	0	0	0	0	270,500
Accretion expense	'	0	48,000	0	0	0	48,000
Common stock subscribed	'	0	0	64,000	0	0	64,000
Net loss for the year	'	0	0	0	0	-1,574,304	-1,574,304
Balance at Dec. 31, 2009	59,287,533	15,023,850	5,014,842	64,000	-8,538,759	-11,915,374	-351,441
Issuance of common shares for services	4,240,000	335,250	0	-64,000	0	0	271,250
Issuance of common shares for cash	7,000,000	275,000	0	0	0	0	275,000
Issuance of common shares to settle debt	7,093,372	689,555	0	0	0	0	689,555
Common stock subscribed	'	0	0	306,000	0	0	306,000
Net loss for the year	'	0	0	0	0	-1,447,031	-1,447,031
Balance at Dec. 31, 2010	77,620,905	16,323,655	5,014,842	306,000	-8,538,759	-13,362,405	-256,667
Issuance of common shares for services	3,140,000	263,925	0	-56,000	0	0	207,925
Issuance of common shares for cash	22,200,000	1,010,000	0	-250,000	0	0	760,000
Issuance of common shares for finders' fee	700,000	49,000	-49,000	0	0	0	0
Common stock subscribed	'	0	0	50,000	0	0	50,000
Net loss for the year	'	0	0	0	0	-580,330	-580,330
Balance at Dec. 31, 2011	103,660,905	17,646,580	4,965,842	50,000	-8,538,759	-13,942,735	180,928
Common stock subscribed	'	0	0	11,475	0	0	11,475
Net loss for the year	'	0	0	0	0	-368,707	-368,707
Balance at Dec. 31, 2012	103,660,905	17,646,580	4,965,842	61,475	-8,538,759	-14,311,442	-176,304
Issuance of common shares for cash	6,500,000	65,000	0	0	0	0	65,000
Issuance of common shares for settlement of related party payable	5,200,000	52,000	0	0	0	0	52,000
Issuance of common shares on conversion of debt	6,378,209	181,242	0	0	0	0	181,242
Common stock subscribed	675,000	11,475	0	-11,475	0	0	0
Net loss for the year	'	$0	$0	$0	$0	($441,973)	($441,973)
Balance at Dec. 31, 2013	122,414,114	17,956,297	4,965,842	50,000	-8,538,759	-14,753,415	-320,035

Nature_of_Operations_and_Conti

Nature of Operations and Continuance of Business	12 Months Ended
Nature of Operations and Continuance of Business	Dec. 31, 2013
Nature of Operations and Continuance of Business	'
Nature of Operations and Continuance of Business	'
	Nature of Operations and Continuance of Business

	Tombstone Exploration Corporation (the “Company”) was incorporated under the Canada Business Corporations Act on October 30, 1997 as 3430502 Canada Ltd. On December 4, 1997, the Company changed its name to Four Crown Foods Inc., with its principal operations focused on the food and beverage retail business. In April 2000, upon acquisition of the license rights to a domain registration, the Company discontinued its operations in the food and beverage retail industry and formally changed its name to Universal Domains Incorporated on June 5, 2000. In 2001, the Company withdrew from the domain registration business and acquired 100% of the issued and outstanding common shares of VCL Communications Corp. (“VCL”), a teleconferencing services company that targeted clients throughout North America. In November 2003, given the Company’s liabilities and the lack of profitability, the Company ceased all operations.

	On September 20, 2004, the Company focused its operations on the exploration, development, production, and acquisition of crude oil and natural gas properties, changing its name to Pure Capital Incorporated. On November 1, 2006, the Company commenced negotiations to acquire several mining and mineral right claims which was closed on December 4, 2006 where the Company acquired 100% of the mineral claims located in Tombstone, Arizona in exchange for $100,000 and the issuance of 8,000,000 common shares of the Company. Effectively, on February 6, 2007, the Company changed its name to Tombstone Exploration Corporation to better reflect the Company’s current business objective and strategies. The Company is an Exploration Stage Company, as defined by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 915, Development Stage Entities.

	These consolidated financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has generated no revenues to date and has never paid any dividends and is unlikely to pay dividends or generate significant earnings in the immediate or foreseeable future. As at December 31, 2013, the Company did not record any revenues, had a working capital deficit of $337,027 and an accumulated deficit of $23,292,174. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability to raise equity or debt financing, and the attainment of profitable operations from the Company's future business. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. These consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

	The Company’s plan of action over the next twelve months is to raise capital financing to conduct exploration and drilling on its mineral property claims held in Tombstone, Arizona as well as exploring for new mineral property claims in the United States.

Summary_of_Significant_Account

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2013

Summary of Significant Accounting Policies

Basis of Presentation and Principles of Consolidation

These consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in US dollars. The consolidated financial statements include the accounts of the Company and its subsidiary, Tombstone Mining and Exploration Corporation. All inter-company accounts and transactions have been eliminated. The Company’s fiscal year-end is December 31.

Use of Estimates

The preparation of these consolidated financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the useful life and recoverability of long lived assets, stock-based compensation, valuation of convertible debentures and derivative liabilities, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

Cash and Cash Equivalents

The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. As at December 31, 2013 and 2012, the Company had no cash equivalents.

Property and Equipment

Property and equipment are recorded at the lower of cost or net book value, and are amortized based on the following rates:

Equipment

5 years straight-line

Impairment of Long-Lived Assets

In accordance with ASC 360, Property Plant and Equipment, management tests long-lived assets to be held and used for recoverability whenever events or changes in circumstances indicate that their carrying amount may not be recoverable.

Mineral Properties

The Company has been in the exploration stage since January 1, 2006 and has not yet realized any revenues from its planned operations. Mineral property acquisition and exploration costs are expensed as incurred. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property are capitalized. Such costs will be amortized using the units-of-production method over the estimated life of the probable reserve. If mineral properties are subsequently abandoned or impaired, any capitalized costs will be charged to operations.

Stock-Based Compensation

The Company records stock-based compensation in accordance with ASC 718, Share-Based Payments, using the fair value method. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. Equity instruments issued to employees and the cost of the services received as consideration are measured and recognized based on the fair value of the equity instruments issued.

Revenue Recognition

The Company recognizes revenue from online advertising sales in accordance with Securities and Exchange Commission ASC 605, Revenue Recognition. The Company accounts for revenue as a principal using the guidance in ASC 605. Revenue consists of the sale of online advertising and is recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, the product is shipped, and collectibility is reasonably assured.

Income Taxes

Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. The Company has adopted ASC 740, Accounting for Income Taxes, as of its inception. Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in these financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years.

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 December 31, 2013 and 2012, the Company has no items that represent comprehensive loss and, therefore, has not included a schedule of comprehensive loss in the financial statements.

Derivative Liability

From time to time, the Company may issue equity instruments that may contain an embedded derivative instrument which may result in a derivative liability. A derivative liability exists on the date the equity instrument is issued when there is a contingent exercise provision. The derivative liability is recorded at its fair value calculated by using an option pricing model such as a multi-nominal lattice model or Black-Scholes model. The fair value of the derivative liability is then calculated on each balance sheet date with the corresponding gains and losses recorded in the consolidated statement of operations.

Basic and Diluted Net Income (Loss) Per Share

The Company computes net income (loss) per share in accordance with ASC 260, Earning 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 income (loss) available to common shareholders (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 excludes all dilutive potential shares if their effect is anti dilutive. At December 31, 2013, the Company had 16,000,000 (2012 – 18,500,000) potentially dilutive shares from outstanding share purchase warrants.

Financial Instruments

Pursuant to ASC 820, Fair Value Measurements and Disclosures and ASC 825, Financial Instruments, an entity is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 and 825 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 and 825 prioritizes the inputs into three levels that may be used to measure fair value:

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

The Company’s financial instruments consist principally of cash, accounts payable and accrued liabilities, amounts due to related parties, and convertible debentures. Pursuant to ASC 820 and 825, the fair value of our cash and cash equivalents is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. We believe that the recorded values of all of our other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations.

Financial Instruments (continued)

The Company’s operations are in Canada, which results in exposure to market risks from changes in foreign currency rates. The financial risk is the risk to the Company’s operations that arise 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.

The following table presents assets and liabilities that are measured and recognized at fair value as of December 31, 2013 and 2012 on a recurring basis:

31-Dec-12

Description

Level 1

Level 2

Level 3

Total Gains and (Losses)

Derivative liability

-26,627

22,102

Total

-26,627

22,102

31-Dec-13

Description

Level 1

Level 2

Level 3

Total Gains and (Losses)

Derivative liability

-127,451

-100,824

Total

-127,451

-100.824

Foreign Currency Translation

The Company’s functional and reporting currency is the United States dollar. Monetary assets and liabilities denominated in foreign currencies are translated in accordance with ASC 830 Foreign Currency Translation Matters, 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. Foreign currency transactions are primarily undertaken in Canadian dollars. The Company has not, to the date of these financials statements, entered into derivative instruments to offset the impact of foreign currency fluctuations.

Recent Accounting Pronouncements

The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company 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.

Property_and_Equipment

Property and Equipment	12 Months Ended
Property and Equipment	Dec. 31, 2013
Property, Plant, and Equipment	'
Property and Equipment	'
	3
	Property and Equipment


				Net Book Value
			Accumulated Amortization	December 31,	December 31,
		Cost	$	2013	2012
		$		$	$

	Equipment	47,861	37,947	9,914	15,135

Convertible_Debentures

Convertible Debentures	12 Months Ended
Convertible Debentures	Dec. 31, 2013
Convertible Debentures:	'
Convertible Debentures	'
	4
	4. Convertible Debentures

	a)
	In February 2013, the Company issued a convertible debenture to a non-related party for $37,500. Under the terms of the note, the amount owing is unsecured, due interest of 8% per annum, and matures on November 15, 2013. The note is convertible into shares of common stock 180 days after the date of issuance (August 14, 2013) at a conversion rate of 58% of the average of the three lowest bid prices of the Company’s common stock for the ten trading days ending one trading day prior to the date of the conversion notice is sent by the holder of the Company.

	Due to this provision, the embedded conversion option qualifies for derivative accounting under ASC 815-15 “Derivatives and Hedging”. The fair value of the derivative liability resulted in a full discount to the note payable of $28,810. The carrying value of the convertible note will be accreted over the term of the convertible note up to the value of $37,500. During the year ended December 31, 2013, the Company issued 2,349,367 shares of common stock for the conversion of $37,500 of the note and $1,500 of accrued interest. During the year ended December 31, 2013, $28,810 (2012 - $nil) of accretion expense had been recorded and the note has been fully converted. The Company paid financing costs of $2,500 relating to the issuance of the note.

	b)
	In April 2013, the Company issued a convertible debenture to a non-related party for $32,500. Under the terms of the note, the amount owing is unsecured, due interest of 8% per annum, and matures on January 15, 2014. The note is convertible into shares of common stock 180 days after the date of issuance (October 7, 2013) at a conversion rate of 58% of the average of the three lowest bid prices of the Company’s common stock for the ten trading days ending one trading day prior to the date of the conversion notice is sent by the holder of the Company.

	Due to this provision, the embedded conversion option qualifies for derivative accounting under ASC 815-15 “Derivatives and Hedging”. The fair value of the derivative liability resulted in a full discount to the note payable of $24,979. The carrying value of the convertible note will be accreted over the term of the convertible note up to the value of $32,500. During the year ended December 31, 2013, the Company issued 1,716,573 shares of common stock for the conversion of $32,500 of the note and $1,300 of accrued interest. During the year ended December 31, 2013, $24,979 (2012 - $nil) of accretion expense had been recorded and the note has been fully converted. The Company paid financing costs of $2,500 relating to the issuance of the note.

	c)
	In June 2013, the Company issued a convertible debenture to a non-related party for $32,500. Under the terms of the note, the amount owing is unsecured, due interest of 8% per annum, and matures on March 5, 2014. The note is convertible into shares of common stock 180 days after the date of issuance (November 30, 2013) at a conversion rate of 58% of the average of the three lowest bid prices of the Company’s common stock for the ten trading days ending one trading day prior to the date of the conversion notice is sent by the holder of the Company.

	Due to this provision, the embedded conversion option qualifies for derivative accounting under ASC 815-15 “Derivatives and Hedging”. The fair value of the derivative liability resulted in a full discount to the note payable of $24,953. The carrying value of the convertible note will be accreted over the term of the convertible note up to the value of $32,500. During the year ended December 31, 2013, the Company issued 2,312,268 shares of common stock for the conversion of $32,500 of the note and $1,300 of accrued interest. During the year ended December 31, 2013, $24,953 (2012 - $nil) of accretion expense had been recorded and the note has been fully converted. The Company paid financing costs of $2,500 relating to the issuance of the note.

	d)
	In August 2013, the Company issued a convertible debenture to a non-related party for $32,500. Under the terms of the note, the amount owing is unsecured, due interest of 8% per annum, and matures on May 5, 2014. The note is convertible into shares of common stock 180 days after the date of issuance (January 28, 2014) at a conversion rate of 58% of the average of the three lowest bid prices of the Company’s common stock for the ten trading days ending one trading day prior to the date of the conversion notice is sent by the holder of the Company.

	Due to this provision, the embedded conversion option qualifies for derivative accounting under ASC 815-15 “Derivatives and Hedging”. The fair value of the derivative liability resulted in a full discount to the note payable of $24,963. The carrying value of the convertible note will be accreted over the term of the convertible note up to the value of $32,500. During the year ended December 31, 2013, $13,698 (2012 - $nil) of accretion expense had been recorded.

	The Company has assessed the derivative liability based on guidance from ASC 480 and 815 and noted that no derivative liability exists.

	4.
	e)
	In October 2013, the Company issued a convertible debenture to a non-related party for $32,500. Under the terms of the note, the amount owing is unsecured, due interest of 8% per annum, and matures on July 5, 2014. The note is convertible into shares of common stock 180 days after the date of issuance (March 30, 2014) at a conversion rate of 58% of the average of the three lowest bid prices of the Company’s common stock for the ten trading days ending one trading day prior to the date of the conversion notice is sent by the holder of the Company.

	Due to this provision, the embedded conversion option qualifies for derivative accounting under ASC 815-15 “Derivatives and Hedging”. The fair value of the derivative liability resulted in a full discount to the note payable of $24,953. The carrying value of the convertible note will be accreted over the term of the convertible note up to the value of $32,500. During the year ended December 31, 2013, $8,257 (2012 - $nil) of accretion expense had been recorded.

	The Company has assessed the derivative liability based on guidance from ASC 480 and 815 and noted that no derivative liability exists.
	f)
	In October 2013, the Company issued a convertible debenture to a non-related party for $32,500. Under the terms of the note, the amount owing is unsecured, due interest of 8% per annum, and matures on August 4, 2014. The note is convertible into shares of common stock 180 days after the date of issuance (April 29, 2014) at a conversion rate of 58% of the average of the three lowest bid prices of the Company’s common stock for the ten trading days ending one trading day prior to the date of the conversion notice is sent by the holder of the Company.

	Due to this provision, the embedded conversion option qualifies for derivative accounting under ASC 815-15 “Derivatives and Hedging”. The fair value of the derivative liability resulted in a full discount to the note payable of $24,963. The carrying value of the convertible note will be accreted over the term of the convertible note up to the value of $32,500. During the year ended December 31, 2013, $5,497 (2012 - $nil) of accretion expense had been recorded.

	The Company has assessed the derivative liability based on guidance from ASC 480 and 815 and noted that no derivative liability exists.

	g)
	In December 2013, the Company issued a convertible debenture to a non-related party for $32,500. Under the terms of the note, the amount owing is unsecured, due interest of 8% per annum, and matures on September 19, 2014. The note is convertible into shares of common stock 180 days after the date of issuance (June 15, 2014) at a conversion rate of 58% of the average of the three lowest bid prices of the Company’s common stock for the ten trading days ending one trading day prior to the date of the conversion notice is sent by the holder of the Company.

	Due to this provision, the embedded conversion option qualifies for derivative accounting under ASC 815-15 “Derivatives and Hedging”. The fair value of the derivative liability resulted in a full discount to the note payable of $24,958. The carrying value of the convertible note will be accreted over the term of the convertible note up to the value of $32,500. During the year ended December 31, 2013, $1,266 (2012 - $nil) of accretion expense had been recorded.

	The Company has assessed the derivative liability based on guidance from ASC 480 and 815 and noted that no derivative liability exists.

Derivative_Liability

Derivative Liability	12 Months Ended
Derivative Liability	Dec. 31, 2013
Derivative Instruments and Hedging Activities	'
Derivative Liability	'
	5. Derivative Liability

	The Company records the fair value of the reset provision of its exercise price of share purchase warrants in accordance with ASC 815, Derivatives and Hedging. The fair value of the derivative liability is revalued on each balance sheet date with corresponding gains and losses recorded in the consolidated statement of operations.

	During the year ended December 31, 2011, the Company issued warrants with an exercise price of $0.10 per share until July 14, 2014, and the reset provision allows for the exercise price to be reset to a value equal to a future issuance of common shares, stock options, warrants, or other equity instrument if the issuance or exercise price is less than $0.10 per share. Prior to December 31, 2013, the Company used a multi-nominal lattice model and changed its valuation approach to a Black-Scholes model for the year ended December 31, 2013 as it better reflects the changes in the fair value given the nature of the Company’s business. The impact of the change in valuation approach resulted in an increase in the derivative liability of $54,266 for the year ended December 31, 2012, which has been applied on a prospective basis. As at December 31, 2013, the Company recorded a derivative liability of $127,451 giving effect to change in the valuation method. During the year ended December 31, 2013, the Company recorded a gain on fair value of derivatives of $100,824 (2012 - $22,102).

	The following inputs and assumptions were used to value the secured convertible notes and warrants outstanding during the year ended December 31, 2013:


		Expected Volatility	Risk-free Interest Rate	Expected Dividend Yield	Expected Life
		Expected Volatility	Risk-free Interest Rate	Expected Dividend Yield	(in years)

	As at July 14, 2011 (issuance date)	270%	1.00%	0%	3
	As at December 31, 2012	288%	1.00%	0%	1.53
	As at December 31, 2013	316%	1.00%	0%	0.53

	A summary of the activity of the derivative liability is shown below:


						$
	Balance at December 31, 2011				$	48,728
	Derivative due to mark to market adjustment					(22,102)
	Balance at December 31, 2012				$	26,627
	Derivative due to mark to market adjustment					100,824
	Balance at December 31, 2013				$	127,451

Common_Shares

Common Shares	12 Months Ended
Common Shares	Dec. 31, 2013
Equity	'
Common Shares	'
	6
	Common Shares

	Year Ended December 31, 2013

	a)
	On January 7, 2013, the Company issued 675,000 common shares with a fair value of $11,475 for director services. Fair value of the common shares was determined by using the end of day trading price on the date of authorization.

	b)
	On June 20, 2013, the Company issued 6,500,000 common shares at $0.01 per share for total cash proceeds of $65,000.

	c)
	On June 20, 2013, the Company issued 5,200,000 common shares with a fair value of $52,000 for settlement of related party payables. Fair value of the common shares was determined using the share prices of shares issued for cash proceeds on the same date.

	d)
	On August 23, 2013, the Company issued an aggregate of 6,378,208 common shares upon the conversion of $181,242 of convertible notes payable and accrued interest.

	Year Ended December 31, 2012

	a)
	As at December 31, 2012, the Company authorized the issuance of 675,000 common shares with a fair value of $11,475 for director services. Fair value of the common shares was determined by using the end of day trading price on the date of authorization. These common shares were subsequently issued on January 7, 2013

Share_Purchase_Warrants

Share Purchase Warrants	12 Months Ended
	Dec. 31, 2013
Share Purchase Warrants	'
Share Purchase Warrants	'
	7
	Share Purchase Warrants

	The following table summarizes the continuity schedule for share purchase warrants:


			Number of Warrants	Exercise Price
	Balance – December 31, 2011 and 2012		18,500,000	$0.10
	Expired		-2,500,000	$0.40
	Balance – December 31, 2013		16,000,000	$0.10

	As at December 31, 2013, the following share purchase warrants were outstanding:


	Number of Warrants	Exercise Price	Expiry Date
	16,000,000	$0.10	14-Jul-14

Related_Party_Transactions

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2013
Related Party Transactions	'
Related Party Transactions	'
	8
	Related Party Transactions

	a)
	As at December 31, 2013, the Company owed $15,000 (2012 - $15,000) to a director of the Company for consulting fees incurred. The amounts owing are unsecured, non-interest bearing, and due on demand.

	b)
	As at December 31, 2013, the Company owed $10,654 (2012 - $83,066) to the President of the Company for management fees incurred and financing of day-to-day operations. The amounts owing are unsecured, non-interest bearing, and due on demand. During the year ended December 31, 2013, the Company incurred $120,000 (2012 - $120,000) to the President of the Company for management fees.

	c)
	During the year ended December 31, 2013, the Company issued 675,000 common shares (2012 – nil) with a fair value of $11,475 to a director of the Company for directors’ fees.

Income_Taxes

Income Taxes	12 Months Ended
Income Taxes	Dec. 31, 2013
Income Taxes	'
Income Taxes	'
	9
	Income Taxes

	The Company has $8,983,000 of net operating losses to carryforward to offset taxable income in future years which expire through fiscal 2033. For the years ended December 31, 2013 and 2012, the valuation allowance established against the deferred tax assets increased by $82,201 and $133,257, respectively.

	The components of the net deferred tax asset at December 31, 2013 and 2012, the statutory tax rate, the effective tax rate and the amount of the valuation allowance are indicated below:


				2013	2012
				$	$

	Income (Loss) Before Taxes			-441,973	-368,707
	Statutory rate			34%	34%

	Computed expected tax recovery			-150,271	-125,360
	Non-deductible expenses			67,573	-7,897
	Change in valuation allowance			82,698	133,257

	Reported income taxes			–	–


			2013	2012
			$	$

	Deferred tax asset
	- Cumulative net operating losses		3,073,840	2,991,142
	- Less valuation allowance		-3,073,840	-2,991,142

	Net deferred tax asset		–	–

	The following table lists the fiscal year in which the loss was incurred and the expiration date of the operating:


				Expiration
		Net		Date of
		Loss		Operating
	Period Incurred	$		Losses

	31-Dec-06	159,600		2026
	31-Dec-07	2,310,000		2027
	31-Dec-08	2,638,800		2028
	31-Dec-09	1,665,000		2029
	31-Dec-10	944,400		2030
	31-Dec-11	631,600		2031
	31-Dec-12	391,900		2032
	31-Dec-13	243,200		2033

		8,983,000

Subsequent_Events

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2013
Subsequent Events	'
Subsequent Events	'
	10
	Subsequent Events

	a)
	On December 13, 2013, the Company entered into a share exchange agreement (the “Agreement”) with EuroGas, Inc., a company incorporated in the state of Utah, and EuroGas AG, a company incorporated in Switzerland. Under the terms of the Agreement, the Company would acquire 240,000,000 common shares of EuroGas AG, representing approximately 26% of the issued and outstanding common shares, and pay $5,000,000 within 9 months of the closing date of the Agreement, in exchange for the issuance of 348,000,000 common shares of the Company. The transaction would result in a reverse merger, as the shareholders of EuroGas Inc. and EuroGas AG will hold more than 50% of the issued and outstanding common shares of the Company.

	On January 13, 2014, the Company amended the terms of the December 13, 2013 agreement to include proceeds of 20% of any settlement liability EuroGas Inc. and EuroGas AG receives in its current litigation against the Slovak Republic.

	On May 13, 2014, the Company amended the terms of the December 13, 2013 agreement whereby the Company would receive $100,000 in exchange for the issuance of 69,000,000 common shares of the Company and the remaining 279,000,000 common shares of the Company to be issued by June 13, 2014 in exchange for 240,000,000 common shares of EuroGas AG and $400,000, with further payments to the Company of $500,000 on or before August 30, 2014, and the final payment of $4,000,000 on or before October 31, 2014.

	As of the date of the filing, the Agreement has not been closed.

	b)
	On February 10, 2014, the Company issued 787,402 common shares upon the conversion of $20,000 of convertible notes payable.

	c)
	On February 18, 2014, the Company issued 518,797 common shares upon the conversion of $13,800 of convertible notes payable and accrued interest.

	d)
	On April 8, 2014, the Company issued 956,938 common shares upon the conversion of $20,000 of convertible notes payable.

	e)
	On April 17, 2014, the Company issued 730,159 common shares upon the conversion of $13,800 of convertible notes payable and accrued interest.

Accounting_policies_Policies

Accounting policies (Policies)

12 Months Ended

Dec. 31, 2013

Accounting policies (Policies)

Basis of Presentation and Principles of Consolidation

Use of Estimates

Cash and Cash Equivalents, Policy

Cash and Cash Equivalents

Property, Plant and Equipment, Policy

Property and Equipment

Property and equipment are recorded at the lower of cost or net book value, and are amortized based on the following rates:

Equipment

5 years straight-line

Impairment of Long-Lived Assets

Mineral Properties

Stock-Based Compensation

Revenue Recognition

Income Tax

Income Taxes

Comprehensive Loss

Derivative Liability

Basic and Diluted Net Income (Loss) Per Share

Financial Instruments

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

The following table presents assets and liabilities that are measured and recognized at fair value as of December 31, 2013 and 2012 on a recurring basis:

31-Dec-12

Description

Level 1

Level 2

Level 3

Total Gains and (Losses)

Derivative liability

-26,627

22,102

Total

-26,627

22,102

31-Dec-13

Description

Level 1

Level 2

Level 3

Total Gains and (Losses)

Derivative liability

-127,451

-100,824

Total

-127,451

-100.824

Foreign Currency Translation

Recent Accounting Pronouncements

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	12 Months Ended
Fair Value Measurements (Tables)	Dec. 31, 2013
Fair Value Measurements	'
Fair Value Measurements	'
	The following table presents assets and liabilities that are measured and recognized at fair value as of December 31, 2013 and 2012 on a recurring basis:

	31-Dec-12

	Description	Level 1		Level 2		Level 3		Total Gains and (Losses)
	Derivative liability		-		-		-26,627		22,102
	Total	$	-	$	-	$	-26,627	$	22,102


	31-Dec-13

	Description	Level 1		Level 2		Level 3		Total Gains and (Losses)
	Derivative liability		-		-		-127,451		-100,824
	Total	$	-	$	-	$	-127,451	$	-100.824

Equipment_and_Property_Tables

Equipment and Property (Tables)	12 Months Ended
Equipment and Property (Tables)	Dec. 31, 2013
Equipment and Property	'
Equipment and Property	'


				Net Book Value
			Accumulated Amortization	December 31,	December 31,
		Cost	$	2013	2012
		$		$	$

	Equipment	47,861	37,947	9,914	15,135

Derivative_liability_Activity_

Derivative liability Activity (Tables)	12 Months Ended
Derivative liability Activity (Tables)	Dec. 31, 2013
Derivative liability Activity	'
Derivative liability Activity	'
	A summary of the activity of the derivative liability is shown below:


						$
	Balance at December 31, 2011				$	48,728
	Derivative due to mark to market adjustment					(22,102)
	Balance at December 31, 2012				$	26,627
	Derivative due to mark to market adjustment					100,824
	Balance at December 31, 2013				$	127,451
The following inputs and assumptions were used to value the secured convertible notes and warrants outstanding	'
	The following inputs and assumptions were used to value the secured convertible notes and warrants outstanding during the year ended December 31, 2013:


		Expected Volatility	Risk-free Interest Rate	Expected Dividend Yield	Expected Life
		Expected Volatility	Risk-free Interest Rate	Expected Dividend Yield	(in years)

	As at July 14, 2011 (issuance date)	270%	1.00%	0%	3
	As at December 31, 2012	288%	1.00%	0%	1.53
	As at December 31, 2013	316%	1.00%	0%	0.53

Warrants_Activity_Tables

Warrants Activity (Tables)	12 Months Ended
	Dec. 31, 2013
Warrants Activity	'
Warrant Purchaes summary	'
	The following table summarizes the continuity schedule for share purchase warrants:


			Number of Warrants	Exercise Price
	Balance – December 31, 2011 and 2012		18,500,000	$0.10
	Expired		-2,500,000	$0.40
	Balance – December 31, 2013		16,000,000	$0.10
Share purchase warrants were outstanding:	'
	As at December 31, 2013, the following share purchase warrants were outstanding:


	Number of Warrants	Exercise Price	Expiry Date
	16,000,000	$0.10	14-Jul-14

Income_Tax_Tables

Income Tax (Tables)	12 Months Ended
Income Tax (Tables)	Dec. 31, 2013
Income Tax {1}	'
Effective Income Tax Rate Reconciliation	'
	The components of the net deferred tax asset at December 31, 2013 and 2012, the statutory tax rate, the effective tax rate and the amount of the valuation allowance are indicated below:


				2013	2012
				$	$

	Income (Loss) Before Taxes			-441,973	-368,707
	Statutory rate			34%	34%

	Computed expected tax recovery			-150,271	-125,360
	Non-deductible expenses			67,573	-7,897
	Change in valuation allowance			82,698	133,257

	Reported income taxes			–	–

Deferred Tax Assets and Liabilities	'
			2013	2012
			$	$

	Deferred tax asset
	- Cumulative net operating losses		3,073,840	2,991,142
	- Less valuation allowance		-3,073,840	-2,991,142

	Net deferred tax asset		–	–
Expiration date of the operating losses	'
	The following table lists the fiscal year in which the loss was incurred and the expiration date of the operating:


				Expiration
		Net		Date of
		Loss		Operating
	Period Incurred	$		Losses

	31-Dec-06	159,600		2026
	31-Dec-07	2,310,000		2027
	31-Dec-08	2,638,800		2028
	31-Dec-09	1,665,000		2029
	31-Dec-10	944,400		2030
	31-Dec-11	631,600		2031
	31-Dec-12	391,900		2032
	31-Dec-13	243,200		2033

		8,983,000

Nature_of_Operations_Details

Nature of Operations (Details) (USD $)	Dec. 04, 2006
Nature of Operations	'
Company acquired percentage of the mineral claims	100.00%
Company paid the acquisition price in cash	$100,000
Company paid the acquisition price in shares	8,000,000
Company had a working capital deficit	337,027
Company recorded an accumulated deficit	$23,292,174

Assets_and_liabilities_that_ar

Assets and liabilities that are measured and recognized at fair value (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Level 1	'	'
Derivative liability	'	$0
Level 2	'	'
Derivative liability	'	0
Level 3	'	'
Derivative liability	'	-26,627
Total	'	-26,627
Derivative liability	-127,451	'
Total	-127,451	'
Total Gains and (Losses)	'	'
Derivative liability	'	22,102
Total	'	22,102
Derivative liability	($100,824)	'

Equipment_details

Equipment (details) (Equipment, USD $)	Equipment
Equipment (details) (Equipment, USD $)	USD ($)
Net Book Value at Dec. 31, 2012	$15,135
Cost of equipment	47,861
Accumulated Amortization of equipment	37,947
Net Book Value at Dec. 31, 2013	$9,914

Issue_of_Convertble_notes_Deta

Issue of Convertble notes (Details) (USD $)	Dec. 01, 2013	Oct. 31, 2013	Oct. 01, 2013	Aug. 01, 2013	Jun. 01, 2013	Apr. 01, 2013	Feb. 01, 2013
Issue of Convertble notes	'	'	'	'	'	'	'
Company issued a convertible debenture to a non-related party	$32,500	$32,500	$32,500	$32,500	$32,500	$32,500	$37,500
Interest rate per annum on notes	8.00%	8.00%	8.00%	8.00%	8.00%	8.00%	8.00%
Conversion rate of notes	58.00%	58.00%	58.00%	58.00%	58.00%	58.00%	58.00%
Number of days after whch notes can be converted	180	180	180	180	180	180	180
The fair value of the derivative liability resulted in a full discount to the note payable	24,958	24,963	24,953	24,963	24,953	24,979	28,810
Company issued shares of common stock for the conversion	'	'	'	'	2,312,268	1,716,573	2,349,367
The Company paid financing costs of relating to the issuance of the note	'	'	'	'	2,500	2,500	2,500
Accrued nterest on convertible notes	'	'	'	'	$1,300	$1,300	$1,500

Accreton_expenses_durng_the_pe

Accreton expenses durng the period (Details) (USD $)	12 Months Ended
Accreton expenses durng the period (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Accreton expenses durng the period	'	'
Accreton expenses recorded on notes issued in February, 2013	$28,810	$0
Accreton expenses recorded on notes issued in April, 2013	24,979	0
Accreton expenses recorded on notes issued in June, 2013	24,953	0
Accreton expenses recorded on notes issued in August, 2013	13,698	0
Accreton expenses recorded on notes ssued in October, 2013	8,257	0
Accreton expenses recorded on notes ssued in October, 2013	5,497	0
Accreton expenses recorded on notes ssued in December, 2013	$1,266	$0

BlackScholes_optionpricing_mod

Black-Scholes option-pricing model (Details)	Dec. 31, 2013	Dec. 31, 2012	Jul. 14, 2011
Black-Scholes option-pricing model (Details)	'	'	'
Expected Volatility	316.00%	288.00%	270.00%
Risk-free Interest Rate	1.00%	1.00%	1.00%
Expected Dividend Yield	0.00%	0.00%	0.00%
Expected Life (in years)	0.53	1.53	3

Related_party_advances_Details

Related party advances (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Related party advances	'	'
The Company owed to a director of the Company for consulting fees incurred	$15,000	$15,000
The Company owed to the President of the Company for management fees incurred and financing of day-to-day operations	10,654	83,066
The Company owed to the President of the Company for management fees	$120,000	$120,000

Deferred_income_tax_assets_Det

Deferred income tax assets (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Deferred income tax assets:	'	'
Cumulative net operating losses	$3,073,840	$2,991,142
Less valuation allowance	-3,073,840	-2,991,142
Net deferred tax assets	$0	$0