Tombstone Exploration (TMBXF) 20-F 29 Jun 15 2014 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information - shares	12 Months Ended
	Dec. 31, 2014	Jun. 22, 2015
Document And Entity Information
Entity Registrant Name	TOMBSTONE EXPLORATION CORP
Entity Central Index Key	1,072,772
Document Type	20-F
Document Period End Date	Dec. 31, 2014
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		242,412,988
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,014

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Current assets
Cash	$ 3,363	$ 43,560
Total current assets	3,363	43,560
Property and equipment, net of accumulated amortization	5,885	9,914
Deferred financing costs	4,441	7,078
Total assets	13,689	60,552
Current liabilities
Accounts payable	5,541	54,899
Accrued liabilities	5,107	9,765
Due to related parties	3,950	25,654
Convertible debenture, net of unamortized discount of $102,402 and $71,119, respectively	16,098	162,818
Derivative liability	237,061	127,451
Total liabilities	267,757	380,587
Stockholders' Deficit
Common stock: Authorized: unlimited common shares, with no par value, issued and outstanding: 211,841,789 and 122,414,114 common shares, respectively	18,734,351	17,956,297
Common stock subscribed	50,000	50,000
Additional paid-in capital	4,965,842	4,965,842
Accumulated deficit	(24,004,261)	(23,292,174)
Total Stockholders' Deficit	(254,068)	(320,035)
Total Liabilities and Stockholders' Deficit	$ 13,689	$ 60,552

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]
Unamortized discount of convertible debenture	$ 102,402	$ 71,119
Common stock, shares issued	211,841,789	122,414,114
Common stock, shares outstanding	211,841,789	122,414,114

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
Revenue
Operating expenses
Consulting services	$ 197,131	$ 22,000
General and administrative	51,204	48,269
Management and directors fees	120,000	120,000
Mineral properties	12,129	4,445
Professional fees	102,027	$ 32,609
Gain on forgiveness of debt	(65,000)
Total operating expenses	417,491	$ 227,323
Operating loss	(417,491)	$ (227,323)
Other income (expense)
Loss on conversion of debt	(7,130)
Loss on change in fair value of derivative liabilities	(45,207)	$ (100,824)
Accretion and interest expense	(242,259)	(113,826)
Total other income (expense)	(294,596)	(214,650)
Net loss	$ (712,087)	$ (441,973)
Net loss per share - basic	$ 0	$ 0
Weighted average shares outstanding	171,960,998	111,722,313

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Deficit - USD ($)	Common Stock	Additional Paid-In Capital	Common Stock Subscribed	Accumulated Deficit	Total
Beginning balance, shares at Dec. 31, 2012	103,660,905
Beginning balance, amount at Dec. 31, 2012	$ 17,646,580	$ 4,965,842	$ 61,475	$ (22,850,201)	$ (176,304)
Issuance of common shares for cash, shares	6,500,000
Issuance of common shares for cash, amount	$ 65,000				65,000
Issuance of common shares for settlement of related party payable, shares	5,200,000
Issuance of common shares for settlement of related party payable, amount	$ 52,000				$ 52,000
Issuance of common shares for services, amount
Issuance of common shares on conversion of debt, shares	6,378,209
Issuance of common shares on conversion of debt, amount	$ 181,242				$ 181,242
Common stock subscribed, shares at Dec. 31, 2013	675,000
Common stock subscribed, amount at Dec. 31, 2013	$ 11,475		$ (11,475)
Net loss for the year				$ (441,973)	$ (441,973)
Ending balance, shares at Dec. 31, 2013	122,414,114
Ending balance, amount at Dec. 31, 2013	$ 17,956,297	$ 4,965,842	$ 50,000	$ (23,292,174)	(320,035)
Issuance of common shares for cash, shares	69,000,000
Issuance of common shares for cash, amount	$ 100,000				100,000
Issuance of common shares for services, shares	2,000,000
Issuance of common shares for services, amount	$ 88,190				(88,190)
Issuance of common shares on conversion of debt, shares	18,427,675
Issuance of common shares on conversion of debt, amount	$ 589,864				589,864
Net loss for the year				$ (712,087)	(712,087)
Ending balance, shares at Dec. 31, 2014	211,841,789
Ending balance, amount at Dec. 31, 2014	$ 18,734,351	$ 4,965,842	$ 50,000	$ (24,004,261)	$ (254,068)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Operating Activities
Net loss	$ (712,087)	$ (441,973)
Adjustments to reconcile net loss to net cash used in operating activities:
Accretion expense	229,717	$ 107,460
Common stock issued for services	88,190
Depreciation expense	4,029	$ 5,221
Gain on forgiveness of debt	(65,000)
Loss on change in fair value of derivative liabilities	45,207	$ 100,824
Loss on conversion of debt	7,130
Changes in operating assets and liabilities:
Deferred financing costs	2,637	$ (7,078)
Accounts payable and accrued liabilities	5,684	1,440
Net cash used in operating activities	(394,493)	(234,106)
Financing Activities
Proceeds from issuance of common shares and share subscriptions	100,000	65,000
Proceeds from issuance of convertible debt	261,000	232,500
Repayments to related parties, net	$ (6,704)	(35,912)
Due to related party		15,500
Net cash provided by financing activities	$ 354,296	277,088
Change in cash	(40,197)	42,982
Cash, beginning of year	43,560	578
Cash, end of year	3,363	43,560
Non-Cash Investing and Financing Activities
Common stock issued to settle debt and accrued interest	$ 589,864	125,142
Common stock issued to settle related party debt		$ 52,000
Supplemental Disclosures
Interest paid
Income tax paid

Nature of Operations and Contin

Nature of Operations and Continuance of Business	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Continuance of Business	1. 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. 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, 2014, the Company did not record any revenues, had a working capital deficit of $264,394 and an accumulated deficit of $24,004,261. 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 Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies a) 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. b) 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. c) 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, 2014 and 2013, the Company had no cash equivalents. d) 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 e) Impairment of Long-Lived Assets In accordance with ASC 360, Property Plant and Equipment f) Mineral Properties 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. g) Stock-Based Compensation The Company records stock-based compensation in accordance with ASC 505, Equity Share-Based Payments h) Revenue Recognition The Company recognizes revenue in accordance with ASC 605, Revenue Recognition. i) 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, j) Comprehensive Loss ASC 220, Comprehensive Income, k) 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. l) Basic and Diluted Net Income (Loss) Per Share The Company computes net income (loss) per share in accordance with ASC 260, Earning per Share m) Financial Instruments Pursuant to ASC 820, Fair Value Measurements and Disclosures 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 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. 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, 2014 and 2013 on a recurring basis: December 31, 2013 Description Level 1 $ Level 2 $ Level 3 $ Total Gains and (Losses) $ Derivative liability — — (127,451 ) (100,824 ) Total — — (127,451 ) (100,824 ) December 31, 2014 Description Level 1 $ Level 2 $ Level 3 $ Total Gains and (Losses) $ Derivative liability — — (237,061 ) (45,207 ) Total — — (237,061 ) (45,207 ) n) 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, o) 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
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Property and Equipment	3. Property and Equipment Net Book Value Cost $ Accumulated Amortization $ December 31, 2014 $ December 31, 2013 $ Equipment 47,861 41,976 5,885 9,914

Convertible Debentures

Convertible Debentures	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Convertible Debentures	4. Convertible Debentures a) 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 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, 2014, the Company issued 1,306,199 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, 2014, the Company recorded a loss on conversion of debt of $11,628 (2013 - $nil). During the year ended December 31, 2014, $11,265 (2013 - $13,698) of accretion expense had been recorded and the note has been fully converted. b) 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 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, 2014, the Company issued 1,687,097 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, 2014, the Company recorded a loss on conversion of debt of $3,946 (2013 - $nil). During the year ended December 31, 2014, $16,696 (2013 - $8,257) of accretion expense had been recorded and the note has been fully converted. c) 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, 2014, the Company issued 1,442,781 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, 2014, the Company recorded a loss on conversion of debt of $14,230 (2013 - $nil). During the year ended December 31, 2014, $19,466 (2013 - $5,497) of accretion expense had been recorded and the note has been fully converted. d) 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 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, 2014, the Company issued 1,383,394 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, 2014, the Company recorded a loss on conversion of debt of $12,392 (2013 - $nil). During the year ended December 31, 2014, $23,692 (2013 - $1,266) of accretion expense had been recorded and the note has been fully converted. e) In January 2014, 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 October 14, 2014. The note is convertible into shares of common stock 180 days after the date of issuance (July 9, 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 $37,500. 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, 2014, the Company issued 1,906,938 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, 2014, the Company recorded a gain on conversion of debt of $9,785 (2013 - $nil). During the year ended December 31, 2014, $37,500 (2013 - $nil) of accretion expense had been recorded and the note has been fully converted. f) In March 2014, 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 December 26, 2014. The note is convertible into shares of common stock 180 days after the date of issuance (September 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 $32,500. 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, 2014, the Company issued 3,318,215 shares of common stock for the conversion of $32,500 of the note and $1,700 of accrued interest. During the year ended December 31, 2014, the Company recorded a gain on conversion of debt of $6,965 (2013 - $nil). During the year ended December 31, 2014, $32,500 (2013 - $nil) of accretion expense had been recorded and the note has been fully converted. g) In May 2014, the Company issued a convertible debenture to a non-related party for $42,500. Under the terms of the note, the amount owing is unsecured, due interest of 8% per annum, and matures on February 16, 2015. The note is convertible into shares of common stock 180 days after the date of issuance (November 10, 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 $42,500. The carrying value of the convertible note will be accreted over the term of the convertible note up to the value of $42,500. During the year ended December 31, 2014, the Company issued 3,980,077 shares of common stock for the conversion of $42,500 of the note and $1,300 of accrued interest. During the year ended December 31, 2014, the Company recorded a gain on conversion of debt of $9,734 (2013 - $nil). During the year ended December 31, 2014, $42,500 (2013 - $nil) of accretion expense had been recorded and the note has been fully converted. h) In June 2014, the Company issued a convertible debenture to a non-related party for $68,000. Under the terms of the note, the amount owing is unsecured, due interest of 8% per annum, and matures on March 18, 2015. The note is convertible into shares of common stock 180 days after the date of issuance (December 13, 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 $68,000. The carrying value of the convertible note will be accreted over the term of the convertible note up to the value of $68,000. During the year ended December 31, 2014, the Company issued 3,402,974 shares of common stock for the conversion of $30,000 of the note. During the year ended December 31, 2014, the Company recorded a gain on conversion of debt of $8,582 (2013 - $nil). During the year ended December 31, 2014, $43,373 (2013 - $nil) of accretion expense had been recorded. i) In July 2014, the Company issued a convertible debenture to a non-related party for $42,500. Under the terms of the note, the amount owing is unsecured, due interest of 8% per annum, and matures on April 11, 2015. The note is convertible into shares of common stock 180 days after the date of issuance (January 5, 2015) 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 $42,500. The carrying value of the convertible note will be accreted over the term of the convertible note up to the value of $42,500. During the year ended December 31, 2014, $2,381 (2013 - $nil) of accretion expense had been recorded. j) In October 2014, the Company issued a convertible debenture to a non-related party for $38,000. Under the terms of the note, the amount owing is unsecured, due interest of 8% per annum, and matures on July 28, 2015. The note is convertible into shares of common stock 180 days after the date of issuance (April 22, 2015) 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 $38,000. The carrying value of the convertible note will be accreted over the term of the convertible note up to the value of $38,000. During the year ended December 31, 2014, $344 (2013 - $nil) of accretion expense had been recorded.

Derivative Liability

Derivative Liability	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
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 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. The Company uses a Black-Scholes model to fair value the derivative liability associated with the reset provision. As the warrants expired unexercised on July 14, 2014, the Company removed the derivative liability and recognized a gain of $127,451. As at December 31, 2014, the Company recorded a derivative liability of $nil (2013 - $127,451). During the year ended December 31, 2014, the Company recorded a gain on fair value of derivatives of $127,451 (2013 – loss of $100,824). During the year ended December 31, 2014, the Company issued convertible debentures with a variable exercise price based on future market rates. The Company uses a multi-nominal lattice model to fair value the derivative liability associated with the variable exercise price. As at December 31, 2014, the Company recorded a derivative liability of $237,061 (2013 - $nil). During the year ended December 31, 2014, the Company recorded a loss on fair value of derivatives of $172,657 (2013 – $nil). The following inputs and assumptions were used to value the secured convertible debentures and warrants outstanding during the year ended December 31, 2014: Expected Volatility Risk-free Interest Rate Expected Dividend Yield Expected Life (in years) Warrants As at July 14, 2011 (issuance date) 270% 1.0% 0% 3.00 As at December 31, 2012 288% 1.0% 0% 1.53 As at December 31, 2013 316% 1.0% 0% 0.53 As at December 31, 2014 — — — — Convertible Debentures January 10, 2014 convertible debenture: As at January 10, 2014 (date of issuance) 248% 0.12% 0% 0.76 As at July 18, 2014 (date of conversion) 244% 0.02% 0% 0.24 As at July 24, 2014 (date of conversion) 235% 0.03% 0% 0.23 As at December 31, 2014 — — — — March 19, 2014 convertible debenture: As at March 19, 2014 (date of issuance) 233% 0.15% 0% 0.77 As at September 25, 2014 (date of conversion) 241% 0.01% 0% 0.25 As at October 6, 2014 (date of conversion) 220% 0.02% 0% 0.22 As at October 13, 2014 (date of conversion) 245% 0.01% 0% 0.20 As at December 31, 2014 — — — — May 14, 2014 convertible debenture: As at May 14, 2014 (date of issuance) 207% 0.10% 0% 0.76 As at November 21, 2014 (date of conversion) 254% 0.01% 0% 0.24 As at November 25, 2014 (date of conversion) 236% 0.02% 0% 0.23 As at December 4, 2014 (date of conversion) 253% 0.02% 0% 0.20 As at December 31, 2014 — — — — June 16, 2014 convertible debenture: As at June 16, 2014 (date of issuance) 194% 0.11% 0% 0.75 As at December 18, 2014 (date of conversion) 261% 0.04% 0% 0.25 As at December 29, 2014 (date of conversion) 268% 0.03% 0% 0.22 As at December 31, 2014 249% 0.04% 0% 0.21 July 9, 2014 convertible debenture: As at July 9, 2014 (date of issuance) 202% 0.11% 0% 0.76 As at December 31, 2014 260% 0.04% 0% 0.28 October 24, 2014 convertible debenture: As at October 24, 2014 (date of issuance) 222% 0.11% 0% 0.76 As at December 31, 2014 247% 0.12% 0% 0.57 A summary of the activity of the derivative liability is shown below: $ Balance at December 31, 2012 26,627 Derivative due to mark to market adjustment 100,824 Balance at December 31, 2013 127,451 Derivative loss due to new issuances 122,265 Debt discount 261,000 Reclass to share capital (196,597 ) Derivative due to mark to market adjustment (77,058 ) Balance at December 31, 2014 237,061

Common Shares and Common Stock

Common Shares and Common Stock Subscribed	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Common Shares and Common Stock Subscribed	6. Common Shares Year Ended December 31, 2014 a) On May 19, 2014, the Company issued 69,000,000 common shares for proceeds of $100,000 pursuant to the December 13, 2013 shares exchange agreement with Eurogas, Inc., as amended on January 13 and May 13, 2014. b) During the year ended December 31, 2014, the Company issued an aggregate of 2,000,000 common shares for services provided. The fair value of the shares issued of $88,190 was determined by using the end of day trading price of the Company’s common shares on the dates of the agreements. c) During the year ended December 31, 2014, the Company issued an aggregate of 18,427,675 common shares upon the conversion of $282,200 of convertible notes payable and accrued interest. Year Ended December 31, 2013 d) 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. e) On June 20, 2013, the Company issued 6,500,000 common shares at $0.01 per share for total cash proceeds of $65,000. f) 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. g) 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. 7. Common Stock Subscribed On August 31, 2011, the Company received proceeds of $50,000 for the issuance of common stock. The details of the subscription were to be agreed upon at a later date and have not be yet been finalized.

Lawsuit

Lawsuit	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Lawsuit	8. Lawsuit 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 the shareholders of EuroGas Inc. and EuroGas AG holding 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 further amended the terms of the December 13, 2013 agreement (the “Second Amendment”). Pursuant to the Second Amendment the Company would receive $100,000 (received) in exchange for the issuance of 69,000,000 common shares (issued) 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 payment of $400,000 to the Company 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. On August 21, 2014, the Company filed a lawsuit against EuroGas, Inc., EuroGas AG and ZB Capital, AG as well as an injunction against these parties, their agents, or anyone associated from redeeming the share certificate and trading, selling, transferring or pledging the common shares issued. On November 19, 2014, the parties entered into an Extension Agreement whereby the Company would dismiss the lawsuit and release the share certificate to ZB Capital AG within ten days of the Effective Date and EuroGas, Inc. and EuroGas AG would remit a single payment of $400,000 to the Company on or before January 2, 2015. The parties also agreed to revise the payment date for the remaining $4,500,000 financing to a date on or before 120 for the Effective Date of the agreement and that all other terms and conditions of the original agreement and the amendments would remain the same. On signing the agreement the Company recorded a receivable for the $400,000 amount owing and a corresponding gain on settlement of debt. As at December 31, 2014, the Company had not received the $400,000 owing from EuroGas, Inc. and recorded an allowance to offset the amount receivable along with a corresponding loss on settlement of debt. Subsequent to year end the Company refiled its lawsuit against EuroGas, Inc., EuroGas AG, and ZB Capital AG .

Share Purchase Warrants

Share Purchase Warrants	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Share Purchase Warrants	9. Share Purchase Warrants The following table summarizes the continuity schedule for share purchase warrants: Exercise Price Number of Warrants $ Balance – December 31, 2012 18,500,000 0.10 Expired (2,500,000) 0.40 Balance – December 31, 2013 16,000,000 0.10 Expired (16,000,000) 0.10 Balance – December 31, 2014 — —

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Related Party Transactions	10. Related Party Transactions a) As at December 31, 2014, the Company owed $nil (2013 - $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, 2014, the Company owed $3,951 (2013 - $10,654) 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, 2014, the Company incurred $120,000 (2013 - $120,000) to the President of the Company for management fees. c) During the year ended December 31, 2014, the Company issued nil common shares (2013 – 675,000) with a fair value of $nil (2013 - $11,475) to a director of the Company for directors’ fees.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income Taxes	11. Income Taxes The Company has $9,339,200 of net operating losses to carry forward to offset taxable income in future years which expire through fiscal 2034. For the years ended December 31, 2014 and 2013, the valuation allowance established against the deferred tax assets increased by $145,796 and $82,201, respectively. The components of the net deferred tax asset at December 31, 2014 and 2013, the statutory tax rate, the effective tax rate and the amount of the valuation allowance are indicated below: 2014 $ 2013 $ Loss Before Taxes (712,087 ) (441,973 ) Statutory rate 34 % 34 % Computed expected tax recovery (242,110 ) (150,271 ) Non-deductible expenses 121,497 67,573 Change in valuation allowance 120,613 82,698 Reported income taxes — — 2014 $ 2013 $ Deferred tax asset Cumulative net operating losses 3,194,453 3,073,840 Less valuation allowance (3,194,453 ) (3,073,840 ) 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 December 31, 2006 159,600 2026 December 31, 2007 2,310,000 2027 December 31, 2008 2,638,800 2028 December 31, 2009 1,665,000 2029 December 31, 2010 944,400 2030 December 31, 2011 631,600 2031 December 31, 2012 391,900 2032 December 31, 2013 243,200 2033 December 31, 2014 354,700 2034 9,339,200

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2014
Subsequent Events [Abstract]
Subsequent Events	12. Subsequent Events a) On January 5, 2015, the Company issued a convertible debenture to a non-related party for $43,000. Under the terms of the note, the amount owing is unsecured, due interest of 10% per annum, and matures on January 5, 2016. The note is convertible into shares of common stock six months after the date of issuance (July 5, 2015) at a conversion rate of 58% of the lowest bid price 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. b) On January 9, 2015, the Company issued 2,112,676 common shares upon the conversion of $15,000 of convertible notes payable. c) On January 13, 2015, the Company issued 3,622,535 common shares upon the conversion of $23,000 of convertible notes payable and $2,720 of accrued interest. d) On January 28, 2015, the Company issued 2,666,667 common shares upon the conversion of $20,000 of convertible notes payable. e) On February 2, 2015, the Company issued 3,408,451 common shares upon the conversion of $22,500 of convertible notes payable and $1,700 of accrued interest. f) On February 2, 2015, the Company entered into a subscription agreement for the issuance of 10,000,000 common shares at $0.01 per share for gross proceeds of $100,000. g) On March 9, 2015, the Company entered into a subscription agreement for the issuance of 5,000,000 common shares at $0.01 per share for gross proceeds of $50,000. h) On March 20, 2015, the Company issued 500,000 common shares with a fair value of $5,900 for services received. i) On March 27, 2015, the Company refiled its lawsuit against EuroGas, Inc., EuroGas AG, ZB Capital, and various other parties. j) On April 29, 2015, the Company issued 3,260,870 common shares upon the conversion of $15,000 of convertible notes payable. k) On May 15, 2015, the Company repaid $13,780 of convertible notes payable.

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	a) 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	b) 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	c) 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, 2014 and 2013, the Company had no cash equivalents.
Property and Equipment	d) 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	e) Impairment of Long-Lived Assets In accordance with ASC 360, Property Plant and Equipment
Mineral Properties	f) Mineral Properties 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	g) Stock-Based Compensation The Company records stock-based compensation in accordance with ASC 505, Equity Share-Based Payments
Revenue Recognition	h) Revenue Recognition The Company recognizes revenue in accordance with ASC 605, Revenue Recognition.
Income Taxes	i) 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,
Comprehensive Loss	j) Comprehensive Loss ASC 220, Comprehensive Income,
Derivative Liability	k) 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	l) Basic and Diluted Net Income (Loss) Per Share The Company computes net income (loss) per share in accordance with ASC 260, Earning per Share
Financial Instruments	m) Financial Instruments Pursuant to ASC 820, Fair Value Measurements and Disclosures 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 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. 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, 2014 and 2013 on a recurring basis: December 31, 2013 Description Level 1 $ Level 2 $ Level 3 $ Total Gains and (Losses) $ Derivative liability — — (127,451 ) (100,824 ) Total — — (127,451 ) (100,824 ) December 31, 2014 Description Level 1 $ Level 2 $ Level 3 $ Total Gains and (Losses) $ Derivative liability — — (237,061 ) (45,207 ) Total — — (237,061 ) (45,207 )
Foreign Currency Translation	n) 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,
Recent Accounting Pronouncements	o) 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.

Summary of Significant Accoun19

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Assets and liabilities measure and recognized at fair value on a recurring basis	December 31, 2013 Description Level 1 $ Level 2 $ Level 3 $ Total Gains and (Losses) $ Derivative liability — — (127,451 ) (100,824 ) Total — — (127,451 ) (100,824 ) December 31, 2014 Description Level 1 $ Level 2 $ Level 3 $ Total Gains and (Losses) $ Derivative liability — — (237,061 ) (45,207 ) Total — — (237,061 ) (45,207 )

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Property and equipment	Net Book Value Cost $ Accumulated Amortization $ December 31, 2014 $ December 31, 2013 $ Equipment 47,861 41,976 5,885 9,914

Derivative Liability (Tables)

Derivative Liability (Tables)	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Inputs and assumptions used to value secured convertible debentures and warrants outstanding	Expected Volatility Risk-free Interest Rate Expected Dividend Yield Expected Life (in years) Warrants As at July 14, 2011 (issuance date) 270% 1.0% 0% 3.00 As at December 31, 2012 288% 1.0% 0% 1.53 As at December 31, 2013 316% 1.0% 0% 0.53 As at December 31, 2014 — — — — Convertible Debentures January 10, 2014 convertible debenture: As at January 10, 2014 (date of issuance) 248% 0.12% 0% 0.76 As at July 18, 2014 (date of conversion) 244% 0.02% 0% 0.24 As at July 24, 2014 (date of conversion) 235% 0.03% 0% 0.23 As at December 31, 2014 — — — — March 19, 2014 convertible debenture: As at March 19, 2014 (date of issuance) 233% 0.15% 0% 0.77 As at September 25, 2014 (date of conversion) 241% 0.01% 0% 0.25 As at October 6, 2014 (date of conversion) 220% 0.02% 0% 0.22 As at October 13, 2014 (date of conversion) 245% 0.01% 0% 0.20 As at December 31, 2014 — — — — May 14, 2014 convertible debenture: As at May 14, 2014 (date of issuance) 207% 0.10% 0% 0.76 As at November 21, 2014 (date of conversion) 254% 0.01% 0% 0.24 As at November 25, 2014 (date of conversion) 236% 0.02% 0% 0.23 As at December 4, 2014 (date of conversion) 253% 0.02% 0% 0.20 As at December 31, 2014 — — — — June 16, 2014 convertible debenture: As at June 16, 2014 (date of issuance) 194% 0.11% 0% 0.75 As at December 18, 2014 (date of conversion) 261% 0.04% 0% 0.25 As at December 29, 2014 (date of conversion) 268% 0.03% 0% 0.22 As at December 31, 2014 249% 0.04% 0% 0.21 July 9, 2014 convertible debenture: As at July 9, 2014 (date of issuance) 202% 0.11% 0% 0.76 As at December 31, 2014 260% 0.04% 0% 0.28 October 24, 2014 convertible debenture: As at October 24, 2014 (date of issuance) 222% 0.11% 0% 0.76 As at December 31, 2014 247% 0.12% 0% 0.57
Summary of activity of derivative liability	$ Balance at December 31, 2012 26,627 Derivative due to mark to market adjustment 100,824 Balance at December 31, 2013 127,451 Derivative loss due to new issuances 122,265 Debt discount 261,000 Reclass to share capital (196,597 ) Derivative due to mark to market adjustment (77,058 ) Balance at December 31, 2014 237,061

Share Purchase Warrants (Tables

Share Purchase Warrants (Tables)	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Continuity schedule for share purchase warrants	Exercise Price Number of Warrants $ Balance – December 31, 2012 18,500,000 0.10 Expired (2,500,000) 0.40 Balance – December 31, 2013 16,000,000 0.10 Expired (16,000,000) 0.10 Balance – December 31, 2014 — —

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Effective income tax rate reconciliation	2014 $ 2013 $ Loss Before Taxes (712,087 ) (441,973 ) Statutory rate 34 % 34 % Computed expected tax recovery (242,110 ) (150,271 ) Non-deductible expenses 121,497 67,573 Change in valuation allowance 120,613 82,698 Reported income taxes — —
Components of net deferred tax asset and valuation allowance	2014 $ 2013 $ Deferred tax asset Cumulative net operating losses 3,194,453 3,073,840 Less valuation allowance (3,194,453 ) (3,073,840 ) Net deferred tax asset — —
Schedule and expiration date of operating losses incurred	Expiration Net Date of Loss Operating Period Incurred $ Losses December 31, 2006 159,600 2026 December 31, 2007 2,310,000 2027 December 31, 2008 2,638,800 2028 December 31, 2009 1,665,000 2029 December 31, 2010 944,400 2030 December 31, 2011 631,600 2031 December 31, 2012 391,900 2032 December 31, 2013 243,200 2033 December 31, 2014 354,700 2034 9,339,200

Nature of Operations and Cont24

Nature of Operations and Continuance of Business (Details Narrative) - USD ($)	1 Months Ended	12 Months Ended
	Dec. 04, 2006	Dec. 31, 2001	Dec. 31, 2014	Dec. 31, 2013
Working capital deficit			$ (264,394)
Accumulated deficit			$ (24,004,261)	$ (23,292,174)
Common shares of VCL Communicatinos Corp acquired
Interest acquired		100.00%
Tombstone, Arizona mineral claims acquired
Interest acquired	100.00%
Cash paid for acquisition of mineral claims	$ 100,000
Shares issued for acquisition of mineral claims	8,000,000

Summary of Significant Accoun25

Summary of Significant Accounting Policies - Assets and liabilities measured and recognized at fair value on a recurring basis (Details) - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Level 1
Derivative liability
Total
Level 2
Derivative liability
Total
Level 3
Derivative liability	$ (237,061)	$ (127,451)
Total	(237,061)	(127,451)
Total Gains and (Losses)
Derivative liability	(45,207)	(100,824)
Total	$ (45,207)	$ (100,824)

Summary of Significant Accoun26

Summary of Significant Accounting Policies (Details Narrative) - shares	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Accounting Policies [Abstract]
Potentially anti-dilutive shares excluded from computation of earnings per share	14,574,456	16,000,000

Property and Equipment - Proper

Property and Equipment - Property and equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Abstract]
Cost	$ 47,861
Accumulated amortization	41,976
Net book value	$ 5,885	$ 9,914

Convertible Debentures (Details

Convertible Debentures (Details Narrative) - USD ($)	1 Months Ended									12 Months Ended
	Oct. 31, 2014	Jul. 31, 2014	Jun. 30, 2014	May. 31, 2014	Mar. 31, 2014	Jan. 31, 2014	Dec. 31, 2013	Oct. 31, 2013	Aug. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Loss/gain on conversion of debt										$ 7,130
A
Convertible debt issued									$ 32,500
Interest per annum									8.00%
Maturity date									May 5, 2014
Conversion rate									58.00%
Discount to note payable									$ 24,963
Carrying value of convertible note that will be accreted over term									$ 32,500
Conversion of note, shares issued										1,306,199
Conversion of note, amount										$ 32,500
Conversion of note, accrued interest										1,300
Loss/gain on conversion of debt										(11,628)
Accretion expense recorded										$ 11,265	$ 13,698
B
Convertible debt issued								$ 32,500
Interest per annum								8.00%
Maturity date								Jul. 5, 2014
Conversion rate								58.00%
Discount to note payable								$ 24,953
Carrying value of convertible note that will be accreted over term								32,500
Conversion of note, shares issued										1,687,097
Conversion of note, amount										$ 32,500
Conversion of note, accrued interest										1,300
Loss/gain on conversion of debt										(3,946)
Accretion expense recorded										$ 16,696	$ 8,257
C
Convertible debt issued								$ 32,500
Interest per annum								8.00%
Maturity date								Aug. 4, 2014
Conversion rate								58.00%
Discount to note payable								$ 24,963
Carrying value of convertible note that will be accreted over term								$ 32,500
Conversion of note, shares issued										1,442,781
Conversion of note, amount										$ 32,500
Conversion of note, accrued interest										1,300
Loss/gain on conversion of debt										(14,230)
Accretion expense recorded										$ 19,466	$ 5,497
D
Convertible debt issued							$ 32,500				$ 32,500
Interest per annum							8.00%				8.00%
Maturity date							Sep. 19, 2014
Conversion rate							58.00%
Discount to note payable							$ 24,958				$ 24,958
Carrying value of convertible note that will be accreted over term							$ 32,500				$ 32,500
Conversion of note, shares issued										1,383,394
Conversion of note, amount										$ 32,500
Conversion of note, accrued interest										1,300
Loss/gain on conversion of debt										(12,392)
Accretion expense recorded							$ 1,266			$ 23,692
E
Convertible debt issued						$ 37,500
Interest per annum						8.00%
Maturity date						Oct. 14, 2014
Conversion rate						58.00%
Discount to note payable						$ 37,500
Carrying value of convertible note that will be accreted over term						$ 37,500
Conversion of note, shares issued										1,906,938
Conversion of note, amount										$ 37,500
Conversion of note, accrued interest										1,500
Loss/gain on conversion of debt										9,785
Accretion expense recorded										$ 37,500
F
Convertible debt issued					$ 32,500
Interest per annum					8.00%
Maturity date					Dec. 26, 2014
Conversion rate					58.00%
Discount to note payable					$ 32,500
Carrying value of convertible note that will be accreted over term					$ 32,500
Conversion of note, shares issued										3,318,215
Conversion of note, amount										$ 32,500
Conversion of note, accrued interest										1,700
Loss/gain on conversion of debt										6,965
Accretion expense recorded										$ 32,500
G
Convertible debt issued				$ 42,500
Interest per annum				8.00%
Maturity date				Feb. 16, 2015
Conversion rate				58.00%
Discount to note payable				$ 42,500
Carrying value of convertible note that will be accreted over term				$ 42,500
Conversion of note, shares issued										3,980,077
Conversion of note, amount										$ 42,500
Conversion of note, accrued interest										1,300
Loss/gain on conversion of debt										9,734
Accretion expense recorded										$ 42,500
H
Convertible debt issued			$ 68,000
Interest per annum			8.00%
Maturity date			Mar. 18, 2015
Conversion rate			58.00%
Discount to note payable			$ 68,000
Carrying value of convertible note that will be accreted over term			$ 68,000
Conversion of note, shares issued										3,402,974
Conversion of note, amount										$ 30,000
Loss/gain on conversion of debt										8,582
Accretion expense recorded										43,373
I
Convertible debt issued		$ 42,500
Interest per annum		8.00%
Maturity date		Apr. 11, 2015
Conversion rate		58.00%
Discount to note payable		$ 42,500
Carrying value of convertible note that will be accreted over term		$ 42,500
Accretion expense recorded										2,381
J
Convertible debt issued	$ 38,000
Interest per annum	8.00%
Maturity date	Jul. 28, 2015
Conversion rate	58.00%
Discount to note payable	$ 38,000
Carrying value of convertible note that will be accreted over term	$ 38,000
Accretion expense recorded										$ 344

Derivative Liability - Inputs a

Derivative Liability - Inputs and assumptions used to value secured convertible debentures and warrants outstanding (Details)	Dec. 30, 2014	Dec. 19, 2014	Dec. 05, 2014	Nov. 26, 2014	Nov. 22, 2014	Oct. 25, 2014	Oct. 14, 2014	Oct. 07, 2014	Sep. 26, 2014	Jul. 25, 2014	Jul. 19, 2014	Jul. 10, 2014	Jun. 17, 2014	May. 15, 2014	Mar. 20, 2014	Jan. 11, 2014	Jul. 15, 2011	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Warrants
Expected volatility																	270.00%		316.00%	288.00%
Risk-free interest rate																	1.00%		1.00%	1.00%
Expected dividend yield																	0.00%		0.00%	0.00%
Expected life																	3 years		6 months 11 days	1 year 6 months 11 days
January 10, 2014 convertible debenture
Expected volatility										235.00%	244.00%					248.00%
Risk-free interest rate										3.00%	2.00%					12.00%
Expected dividend yield										0.00%	0.00%					0.00%
Expected life										2 months 23 days	2 months 27 days					9 months 4 days
March 19, 2014 convertible debenture
Expected volatility							245.00%	220.00%	241.00%						233.00%
Risk-free interest rate							1.00%	2.00%	1.00%						15.00%
Expected dividend yield							0.00%	0.00%	0.00%						0.00%
Expected life							2 months 12 days	2 months 19 days	3 months						9 months 7 days
May 14, 2014 convertible debenture
Expected volatility			253.00%	236.00%	254.00%									207.00%
Risk-free interest rate			2.00%	2.00%	1.00%									10.00%
Expected dividend yield			0.00%	0.00%	0.00%									0.00%
Expected life			2 months 12 days	2 months 23 days	2 months 27 days									9 months 4 days
June 16, 2014 convertible debenture
Expected volatility	268.00%	261.00%											194.00%					249.00%
Risk-free interest rate	3.00%	4.00%											11.00%					4.00%
Expected dividend yield	0.00%	0.00%											0.00%					0.00%
Expected life	2 months 19 days	3 months											9 months					2 months 16 days
July 9, 2014 convertible debenture
Expected volatility												202.00%						260.00%
Risk-free interest rate												11.00%						4.00%
Expected dividend yield												0.00%						0.00%
Expected life												9 months 4 days						2 months 11 days
October 24, 2014 convertible debenture
Expected volatility						222.00%												247.00%
Risk-free interest rate						11.00%												12.00%
Expected dividend yield						0.00%												0.00%
Expected life						9 months 4 days												6 months 26 days

Derivative Liability - Summary

Derivative Liability - Summary of activity of derivative liability (Details) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Notes to Financial Statements
Balance	$ 237,061	$ 127,451	$ 26,627
Derivative due to mark to market adjustment	(77,058)	$ 100,824
Derivative loss due to new issuances	122,265
Debt discount	261,000
Reclass to share capital	$ (196,597)

Derivative Liability (Details N

Derivative Liability (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Warrants issued
Derivative liability		$ 127,451
Gain/loss on fair value of derivatives	$ 127,451	$ (100,824)
Convertible debentures issued
Derivative liability	237,061
Gain/loss on fair value of derivatives	$ (172,657)

Common Shares and Common Stoc32

Common Shares and Common Stock Subscribed (Details Narrative) - USD ($)	May. 20, 2014	Aug. 24, 2013	Jun. 21, 2013	Jan. 08, 2013	Dec. 31, 2014	Dec. 31, 2013	Aug. 31, 2011
Shares issued for cash, amount					$ 100,000	$ 65,000
Shares issued for services, amount					(88,190)
Shares issued upon conversion of convertible notes payable and accrued interest, amount					589,864	$ 181,242
Shares issued for settlement of related party payables, amount						52,000
Proceeds received from issuance of common stock subscription					$ 50,000	$ 50,000	$ 50,000
Common Shares
Shares issued for cash, shares	69,000,000		6,500,000		69,000,000	6,500,000
Shares issued for cash, amount	$ 100,000		$ 65,000		$ 100,000	$ 65,000
Shares issued for cash, price per share			$ 0.01
Shares issued for services, shares				675,000	2,000,000
Shares issued for services, amount				$ 11,475	$ 88,190
Shares issued upon conversion of convertible notes payable and accrued interest, shares		6,378,208			18,427,675	6,378,209
Shares issued upon conversion of convertible notes payable and accrued interest, amount		$ 181,242			$ 589,864	$ 181,242
Shares issued for settlement of related party payables, shares			5,200,000			5,200,000
Shares issued for settlement of related party payables, amount			$ 52,000			$ 52,000

Lawsuit (Details Narrative)

Lawsuit (Details Narrative) - USD ($)	Nov. 20, 2014	May. 13, 2014	Dec. 14, 2013	Jan. 02, 2015	Jun. 13, 2014	Oct. 31, 2014	Aug. 30, 2014	Dec. 31, 2014
Single payment not yet received, recorded as an allowance to offset amount receivable, along with corresponding loss on settlement of debt								$ 400,000
Agreement
EuroGas AG shares to be acquired			240,000,000
Interests to be acquired			26.00%
Cash to be received			$ 5,000,000
Company shares to be issued in exchange			348,000,000
Second Amendment
EuroGas AG shares to be acquired					240,000,000
Cash to be received		$ 100,000			$ 400,000	$ 4,000,000	$ 500,000
Company shares to be issued in exchange		69,000,000			279,000,000
Extension Agreement
Cash to be received	$ 400,000			$ 4,500,000

Share Purchase Warrants - Conti

Share Purchase Warrants - Continuity schedule for share purchase warrants (Details) - Share purchase warrants - $ / shares	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Balance of warrants		16,000,000
Warrant exercise price		$ 0.10
Warrants expired	(16,000,000)	(2,500,000)
Expired warrants exercise price	$ 0.10	$ 0.40

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Related Party Transactions [Abstract]
Amounts owed for consulting fees		$ 15,000
Amounts owed for management fees	$ 3,951	10,654
Fees incurred	$ 120,000	$ 120,000
Shares issued for directors' fees, shares		675,000
Shares issued for directors' fees, amount		$ 11,475

Income Taxes - Effective income

Income Taxes - Effective income tax rate reconciliation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Loss Before Taxes	$ (712,087)	$ (441,973)
Statutory rate	34.00%	34.00%
Computed expected tax recovery	$ (242,110)	$ (150,271)
Non-deductible expenses	12149700.00%	6757300.00%
Change in valuation allowance	$ 120,613	$ 82,698
Reported income taxes

Income Taxes - Components of ne

Income Taxes - Components of net deferred tax asset and valuation allowance (Details) - USD ($)	Dec. 31, 2014	Dec. 31, 2013
Deferred tax assets
Cumulative net operating losses	$ 3,194,453	$ 3,073,840
Less valuation allowance	$ (3,194,453)	$ (3,073,840)
Net deferred tax asset

Income Taxes - Schedule and exp

Income Taxes - Schedule and expiration date of operating losses incurred (Details) - Period Incurred - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009	Dec. 31, 2008	Dec. 31, 2007	Dec. 31, 2006
Net loss	$ 354,700	$ 243,200	$ 391,900	$ 631,600	$ 944,400	$ 1,665,000	$ 2,638,800	$ 2,310,000	$ 159,600
Expiration date of operating losses	Dec. 31, 2034	Dec. 31, 2033	Dec. 31, 2032	Dec. 31, 2031	Dec. 31, 2030	Dec. 31, 2029	Dec. 31, 2028	Dec. 31, 2027	Dec. 31, 2026

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2034
Income Tax Disclosure [Abstract]
Net operating loss carryforwards			$ 9,339,200
Change in valuation allowance established against deferred tax assets	$ 145,796	$ 82,201

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	May. 16, 2015	Apr. 30, 2015	Mar. 21, 2015	Feb. 03, 2015	Jan. 29, 2015	Jan. 14, 2015	Jan. 10, 2015	Jan. 06, 2015	Dec. 31, 2014	Dec. 31, 2013
Subscription agreement, gross proceeds									$ 50,000
Issuance of common shares for services, amount									$ (88,190)
Subsequent events
Convertible debt issued								$ 43,000
Interest per annum								10.00%
Maturity date								Jan. 5, 2016
Conversion rate								58.00%
Conversion of note, shares issued		3,260,870		3,408,451	2,666,667	3,622,535	2,112,676
Conversion of note, amount		$ 15,000		$ 22,500	$ 20,000	$ 23,000	$ 15,000
Conversion of note, accrued interest				$ 1,700		$ 2,720
Subscription agreement, shares to be issued				10,000,000
Subscription agreement, price per share				$ 0.01
Subscription agreement, gross proceeds				$ 100,000
Issuance of common shares for services, shares			500,000
Issuance of common shares for services, amount			$ 5,900
Repayment of convertible notes payable	$ 13,780

Uncategorized Items - tmbxf-201

Label	Element	Value
Class of Warrant or Right, Exercise Price of Warrants or Rights	us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	$ 0.10
Period Incurred
Net operating loss carryforwards	us-gaap_OperatingLossCarryforwards	$ 9,339,200
Subsequent events
Common stock subscribed	us-gaap_CommonStockSharesSubscriptions	$ 50,000
Sale of Stock, Price Per Share	us-gaap_SaleOfStockPricePerShare	$ 0.01
Common Stock, Shares Subscribed but Unissued	us-gaap_CommonStockSharesSubscribedButUnissued	5,000,000
Share purchase warrants
Class of Warrant or Right, Exercise Price of Warrants or Rights	us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	$ 0.10
Class of Warrant or Right, Outstanding	us-gaap_ClassOfWarrantOrRightOutstanding	18,500,000