Can Cal Resources (CCRE) 10-Q 24 Dec 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	Nov. 20, 2014
Document And Entity Information
Entity Registrant Name	Can Cal Resources LTD
Document Type	10-Q
Document Period End Date	31-Mar-14
Amendment Flag	FALSE
Entity Central Index Key	1083848
Current Fiscal Year End Date	-19
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	No
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding		42,027,060
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q1

CONDENSED_BALANCE_SHEETS

CONDENSED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
Current assets:
Cash	$12,655	$1,388
Other current assets	3,827	8,122
Total current assets	16,482	9,510
Property and equipment, net of accumulated depreciation of $33,601 and $33,507, respectively	558	652
Total assets	17,040	10,162
Current liabilities:
Accounts payable	63,189	62,007
Accounts payable, related parties	180,506	180,506
Accrued expenses	13,876	17,603
Accrued expenses, related parties	582,944	541,700
Unearned rental revenues	29,792	9,167
Unearned revenues, related party	66,940	63,460
Notes payable, related parties, net of $82 and $448 of unamortized common stock warrants at March 31, 2014 and December 31, 2013, respectively	84,353	75,729
Total current liabilities	1,021,600	950,172
Total liabilities	1,021,600	950,172
Commitments and contingencies (See Note 9)
Stockholders' (deficit):
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and oustanding	0	0
Common stock, $0.001 par value, 100,000,000 shares authorized, 42,027,060 and 42,027,060 shares issued and outstanding as of March 31, 2014 and December 31, 2013, respectively	42,027	42,027
Additional paid-in capital	9,710,504	9,710,504
Accumulated (deficit) during exploration stage	-10,757,091	-10,692,541
Total stockholders' (deficit)	-1,004,560	-940,010
Total liabilities and stockholders' (deficit)	$17,040	$10,162

CONDENSED_BALANCE_SHEETS_Paren

CONDENSED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]
Accumulated depreciation	$33,601	$33,507
Unamortized common stock warrants	$82	$448
Preferred Stock, Par Value	$0.00	$0.00
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par Value	$0.00	$0.00
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Shares Issued	42,027,060	42,027,060
Common Stock, Shares Outstanding	42,027,060	42,027,060

CONDENSED_STATEMENTS_OF_OPERAT

CONDENSED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Income Statement [Abstract]
Material sales	$0	$0
Cost of sales	0	0
Gross loss	0	0
Operating expenses:
Exploration costs	3,568	11,570
General and administrative	35,778	59,322
Depreciation	94	93
Officer salary	30,000	30,000
Impairment of operating assets	0	0
Total operating expenses	69,440	100,985
Net operating loss	-69,440	-100,985
Other income (expense):
Other income	0	0
Interest income	0	0
Interest expense	-1,985	-1,748
Rental revenue	6,875	6,875
Gain (loss) on disposal of fixed assets	0	0
Gain on extinguishment of debts	0	0
Total other income (expense)	4,890	5,127
Loss before provision for income taxes	-64,550	-95,858
Provision for income taxes	0	0
Net loss from continuing operations	-64,550	-95,858
Income from discontinued operations
Income from discontinued operations	0	0
Loss on disposal of operations (net of taxes)	0	0
Net loss	($64,550)	($95,858)
Weighted average number of common shares outstanding - basic and fully diluted	42,027,060	42,577,605
Net (loss) per share - basic and fully diluted	$0	$0

CONDENSED_STATEMENTS_OF_CASH_F

CONDENSED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	($64,550)	($95,858)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization	94	93
Bad debts	0	0
(Gain) loss on sale of fixed assets	0	0
Gain on extinguishment of debt	0	0
Stock based compensation granted for services	0	0
Stock based compensation granted for financing and interest	0	122
Beneficial conversion feature on convertible debenture	0	0
Loss on disposal of investment property	0	0
Undistributed earnings of affiliate	0	0
Gain on discontinued operations	0	0
Loss on foreign currency translation	0	0
Impairment of operating assets	0	0
Decrease (increase) in assets:
Other current assets	4,295	6,681
Increase (decrease) in liabilities:
Accounts payable	1,182	17,618
Accounts payable, related parties	0	0
Accrued expenses	5,117	5,623
Accrued expenses, related parties	32,400	30,643
Unearned rental revenues	20,625	20,625
Unearned revenues, related party	3,480	0
Net cash provided by (used in) operating activities	2,643	-14,453
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of investment property	0	0
Proceeds from sale of investment property	0	0
Purchase of property and equipment	0	0
Proceeds from sale of property and equipment	0	0
Net cash used in investing activities	0	0
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from convertible debentures	0	0
Proceeds from notes payable	0	0
Principal payments on notes payable	0	0
Proceeds from notes payable, related parties	8,624	13,301
Principal payments on notes payable, related parties	0	0
Proceeds from the issuance of common stock	0	0
Net cash provided by financing activities	8,624	13,301
Net increase in cash	11,267	-1,152
Cash, beginning of period	1,388	1,316
Cash, end of period	12,655	130
Supplemental disclosures:
Interest paid	1,874	178
Income taxes paid	$0	$0

1_Basis_of_Presentation

1. Basis of Presentation	3 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of presentation	The accompanying unaudited condensed financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q and regulation S-X as promulgated by the Securities and Exchange Commissions (“SEC”) Therefore, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. The financial statements should be read in conjunction with the Form 10-K for the year ended December 31, 2013 of Can-Cal Resources Ltd. (“Can-Cal” or the “Company”).
	The interim condensed financial statements present the balance sheets, statements of operations and cash flows of Can-Cal Resources Ltd. The financial statements have been prepared in accordance with accounting principles generally accepted in the United States.
	The interim financial information is unaudited. In the opinion of management, all adjustments (which include normal recurring adjustments) necessary to present fairly the financial position as of March 31, 2014 and the results of operations and cash flows presented herein have been included in the financial statements. Interim results are not necessarily indicative of results of operations for the full year.
	The preparation of financial statements in conformity with accounting principles generally accepted 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Certain amounts in the prior periods presented have been reclassified to conform to the current period financial statement presentation.
	Nature of Business
	Can-Cal Resources, Ltd. Is a Nevada corporation incorporated on March 22, 1995.
	The Company is an exploration company engaged in the exploration for precious metals, specifically focused on gold exploration projects. We have examined various prospective mineral properties for precious metals and acquired those deemed promising. We currently own, lease or have mining interest in four mineral properties in the southwestern United States (California and Arizona, as follows: Wikieup, Arizona; Cerbat, Arizona; Owl Canyon, California; and Pisgah, California).
	As an exploration stage enterprise, the Company discloses the deficit accumulated during the exploration stage. An entity remains in the exploration stage until such time as proven or probable reserves have been established for its deposits. Upon the location of commercially mineable reserves, the Company plans to prepare for mineral extraction and enter the development stage. To date, the exploration stage of the Company’s operations consists of contracting with geologists who sample and assess the mining viability of the Company’s claims.

2_Going_Concern

2. Going Concern	3 Months Ended
	Mar. 31, 2014
Risks and Uncertainties [Abstract]
Going concern	The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As shown in the accompanying financial statements, The Company incurred a net loss of $64,550 for the three months ended March 31, 2014. Also, the Company’s current liabilities exceed its current assets by $1,005,118 as of March 31, 2014. The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of its new business opportunities. Management has plans to seek additional capital through private placements and public offerings of its common stock. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence.
	The ability of the Company to continue as a going concern is dependent on securing additional sources of capital and the success of the Company’s plan. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

3_Related_Party

3. Related Party	3 Months Ended
	Mar. 31, 2014
Related Party Transactions [Abstract]
Related party	Material Supply Agreement
	On March 3, 2014, Can-Cal Resources entered into an amended Material Supply Agreement (“MSA”) with Candeo Lava Products, Inc. (“Candeo”), an Alberta, Canada Company controlled by a former Director and the brother of the Company’s current CEO. This amended MSA supersedes the original MSA entered into on April 9, 2013. The amended agreement entitles Candeo the exclusive right to purchase and remove up to 2,000,000 tons volcanic lava and cinders from Can-Cal’s Pisgah Mine Project during the agreement’s initial term of twenty (20) years. (The original agreement called for 1,000,000 tons during the initial term.) Provided Candeo has removed the initial amount during the primary term, Candeo is entitled the exclusive right to remove additional incremental amounts of 1,000,000 tons each. Candeo shall have the option to extend the term of the amended agreement for up to an additional thirty (30) years provided it is not in default under any of the provisions of the Agreement.
	The price that Candeo shall pay to Can-Cal per ton of material removed by Candeo shall be the greater of Fifteen Dollars ($15.00 USD) per ton and the Net Sales Margins per ton realized by Candeo as follows:
		·	During the first year of the term, 35% of the Net Sales Margins;
		·	During the second year of the term, 40% of the Net Sales Margins;
		·	During the third year of the term, 45% of the Net Sales Margins; and
		·	50% of the Net Sales Margins thereafter.
	The original MSA’s price was 33 1/3% of the Net Sales Margin and fifteen US dollars ($15.00 USD) per ton throughout the term of the Agreement.
	The amended MSA also agrees that Candeo will pre-purchase a minimum of ten thousand (10,000) tons at a purchase price of fifteen dollars ($15.00 USD) per ton for a total payment of $150,000 USD per year in each of the first three years of the term. The pre-purchased material shall remain on the property until Candeo commences its production operations, which will be subject to all necessary regulatory and other approvals required to remove the Finished Material from the Property, such as permits, certified weigh scale, productions plan, environmental reclamation plan (if applicable) and insurance all of which shall be the responsibility and at the sole cost of Candeo. The pre-purchased payments will not be refundable to Candeo but shall be credited against the first production payments. The original agreement called for Candeo to pre-purchase thirteen thousand, three hundred and thirty-five (13,335) tons of the Finished Material during the first year of the Term at a purchase price of fifteen US dollars ($15 USD) per ton, for a total payment of two hundred and twenty-five thousand US dollars ($225,000 USD).
	On various dates from May 10, 2013 to December 31, 2013 and for the three months ended March 31, 2104, the Company received total proceeds of $66,940 from the prepaid sale of 4,460 tons of minerals at a price of $15 per ton. The materials have not been shipped as of the date of this filing.
	Management Changes
	On March 1, 2013, Dr. Michael Giuffre resigned from the Board of Directors.
	On February 27, 2013, Mr. William J. Hogan resigned from the Board of Directors.
	On August 12, 2012, Dr. Michael Giuffre was appointed to the Company’s Board of Directors. Compensation has not yet been determined.
	On April 17, 2012, the Company appointed Ron Schinnour to the Board of Directors.
	On January 30, 2012, the Company appointed Mr. Thompson MacDonald to the Board of Directors. Compensation has not yet been determined.
	Notes Payable, Related Parties
	From time to time we have received and repaid loans from Officers and Directors to fund operations. These related party debts are fully disclosed in Note 5 below.
	Compensation
	On July 1, 2010, the Company entered into a twelve month employment agreement, subject to automatic monthly renewals, with the Company’s CEO, G. Michael Hogan. The terms of the agreement include a fixed annual salary of $120,000. The Company may elect to satisfy payment in shares of common stock in lieu of cash at a market value equal to $0.10 above the average closing trading price of the common stock for the preceding five (5) days from the date of such election. No payments have been made in cash or stock to date.
	We owed accrued salaries to our CEO of $510,000 and $480,000 at March 31, 2014 and December 31, 2013, respectively.
	On June 30, 2010, the Company entered into a consulting agreement, with a Board of Director’s consulting firm, Futureworth Capital Corp. The terms of the agreement include annual compensation of $60,000, payable monthly. The Company may elect to satisfy payment in shares of common stock in lieu of cash at a market value equal to $0.10 above the average closing trading price of the common stock for the preceding five (5) days from the date of such election. No payments have been made in cash or stock to date. As of March 31, 2014, we owe Futureworth Capital Corp. $180,000, as included in accounts payable, related parties, for service prior to, and during the service period under the consulting agreement. Mr. William Hogan resigned from the Board of Directors on February 27, 2013, and his compensation via his consulting agreement terminated as of December 31, 2012.
	Share Based Compensation
	On September 30, 2012, the Company extended 2,439,920 previously granted and extended common stock warrants issued to the Company’s CEO, with an exercise price of $0.15 for an additional 21 months from their expiration on September 30, 2012. These warrants are fully vested and expire on June 30, 2014. The total estimated value using the Black-Scholes Pricing Model, based on a volatility rate of 216% and a call option value of $0.0374, was $91,215 and was recognized as interest expense during the year ended December 31, 2012.
	On September 30, 2012, the Company extended a total of 1,301,312 previously granted and extended common stock warrants issued to the one of the Company’s directors, with an exercise price of $0.15 for an additional 21 months from their expiration on September 30, 2012. These warrants are fully vested and expire on June 30, 2014. The total estimated value using the Black-Scholes Pricing Model, based on a volatility rate of 216% and a call option value of $0.0374, was $48,649 and was recognized as interest expense during the year ended December 31, 2012.
	On April 4, 2012, the Company sold 416,667 shares of its common stock and an equal number of warrants pursuant to unit offerings to a member of the Company’s Board of Directors in exchange for proceeds of $25,000. The warrants are exercisable over two years at an exercise price of $0.08 per share. The proceeds received were allocated between the common stock and warrants on a relative fair value basis.
	On June 30, 2011, the Company extended 2,439,920 previously granted common stock warrants issued to the Company’s CEO, with an exercise price of $0.15 for an additional 15 months from their expiration on June 30, 2011. These warrants are fully vested and expire on September 30, 2012. The total estimated value using the Black-Scholes Pricing Model, based on a volatility rate of 180% and a call option value of $0.0090, was $22,047 and was recognized as interest expense during the year ended December 31, 2011. These warrants were again extended for an additional 21 months with all other terms remaining consistent with these previously amended terms.
	On June 30, 2011, the Company extended a total of 1,301,312 previously granted common stock warrants issued to the one of the Company’s directors, with an exercise price of $0.15 for an additional 15 months from their expiration on June 30, 2011. These warrants are fully vested and expire on September 30, 2012. The total estimated value using the Black-Scholes Pricing Model, based on a volatility rate of 180% and a call option value of $0.0090, was $11,758 and was recognized as interest expense during the year ended December 31, 2011. These warrants were again extended for an additional 21 months with all other terms remaining consistent with these previously amended terms.

4_Other_Current_Assets

4. Other Current Assets	3 Months Ended
	Mar. 31, 2014
Prepaid Expense and Other Assets [Abstract]
Other Current Assets	Other current assets are prepaid expenses. As of March 31, 2014 and December 31, 2013, prepaid expenses consisted of the following:
		March 31,		December 31,
		2014		2013
	Prepaid portion of UNLV research project as disclosed below	$	–	$	–
	Annual Bureau of Land Management fees		3,827		6,147
	Rental fees		–		1,975
		$	3,827	$	8,122
	On April 23, 2012, May 10, 2012 and March 31, 2013, the Company paid $30,000, $5,000 and $6,000, respectively to the University of Nevada Las Vegas (UNLV) as part of a research project on our Wikieup property to be conducted from May 1, 2012 through September 30, 2013. These fees were paid pursuant to a donation to the UNLV’s Economic Geology Research Program Fund, and were amortized over the duration of the project on a straight line basis. The project used both field and laboratory analyses to investigate the surface geology of the property in order to address the following questions:
	1. Is there geologic evidence consistent with the presence of a porphyry copper system within the area of Can-Cal's claim block?
	2. Is there evidence to support the hypothesis that the property represents the root zone of a porphyry system that has been decapitated and transported into the valley to the east?

5_Notes_Payable_Related_Partie

5. Notes Payable, Related Parties	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]
Notes payable related parties	Notes payable, related parties consisted of the following as of March 31, 2014 and December 31, 2013, respectively:
		March 31,		December 31,
		2014		2013
	Notes payable to the CEO, unsecured, bearing interest at 10%, due on demand.	$	79,353	$	70,729
	Promissory note payable originated on November 30, 2012 with Futureworth Capital Corp., a consulting firm owned by our former Chairman of the Board of Directors, unsecured, bearing interest at 10%, matures on November 29, 2013. In connection with the promissory note, the Company granted warrants to purchase 20,000 shares of the Company’s common stock at an exercise price of $0.10. The warrants expire on November 29, 2014.		5,000		5,000
	Total notes payable, related parties		84,353		75,729
	Less: current portion		84,353		75,759
	Notes payable, related parties, less current portion	$	–	$	–
	The following presents components of interest expense by instrument type for the three months ended March 31, 2014 and 2013, respectively:
		March 31,		March 31,
		2014		2013
	Interest on notes payable, related parties	$	1,999	$	1,448
	Amortization of warrants granted on notes payable, related parties		–		122
	Accounts payable related vendor finance charges		–		178
		$	1,999	$	1,748

6_Changes_in_Securities

6. Changes in Securities	3 Months Ended
	Mar. 31, 2014
Equity [Abstract]
Changes in Securities	2014
	None.
	2013
	None.
	2012
	On August 1, 2012 the Company issued 17,500 shares of its common stock to satisfy the $1,050 of subscriptions payable realized pursuant to common stock granted on March 20, 2012 as commission on the sale of securities.
	On July 31, 2012, the Company sold a total of 1,000,000 shares of its common stock and an equal number of warrants pursuant to unit offerings to an individual investor in exchange for proceeds of $100,000. The warrants are exercisable over two years at an exercise price of $0.15 per share. The proceeds received were allocated between the common stock and warrants on a relative fair value basis.
	On April 4, 2012, the Company sold 416,667 shares of its common stock and an equal number of warrants pursuant to unit offerings to a member of the Company’s Board of Directors in exchange for proceeds of $25,000. The warrants are exercisable over two years at an exercise price of $0.08 per share. The proceeds received were allocated between the common stock and warrants on a relative fair value basis.
	On April 4, 2012, the Company sold a total of 874,982 shares of its common stock and an equal number of warrants pursuant to unit offerings amongst three individual investors in exchange for total proceeds of $52,499. The warrants are exercisable over two years at an exercise price of $0.08 per share. The proceeds received were allocated between the common stock and warrants on a relative fair value basis.
	On March 20, 2012, the Company sold a total of 566,665 shares of its common stock and an equal number of warrants pursuant to a unit offering in exchange for total proceeds of $34,000 received amongst four investors. The proceeds received were allocated between the common stock and warrants on a relative fair value basis.
	On March 20, 2012, the Company granted a total of 17,500 shares of its common stock as commissions on the sale of securities. The total fair value of the common stock was $1,050 based on the fair market value of the Company’s common stock on the date of grant. The Company elected not to net these commissions against the proceeds received from the sales and recognized the $1,050 of finance costs as interest expense within the statement of operations. The shares were subsequently issued in April of, 2012.
	On March 20, 2012 the Company issued 50,000 shares of its common stock to satisfy the $1,500 of subscriptions payable realized pursuant to common stock granted to an employee for services on December 29, 2011.
	On February 15, 2012, the Company sold a total of 200,000 shares of its common stock and an equal number of warrants pursuant to a unit offering in exchange for total proceeds of $12,000 received amongst two investors. The proceeds received were allocated between the common stock and warrants on a relative fair value basis.

7_Options

7. Options	3 Months Ended
	Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Options	Option Plan
	Options granted for employee and consulting services - The 2003 Non-Qualified Option Plan was established by the Board of Directors in June 2003 and approved by shareholders in October 2003. A total of 1,500,000 shares of common stock are reserved for issuance under this plan.
	Options Granted
	There were no options issued during the three months ended March 31, 2014 and during the year ended December 31, 2013.
	Options Exercised
	There were no options exercised during the three months ended March 31, 2014 and during the year ended December 31, 2013.
	Options Cancelled
	There were no options cancelled during the three months ended March 31, 2014 and during the year ended December 31, 2013.

8_Warrants

8. Warrants	3 Months Ended
	Mar. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Warrants	Warrants Granted
	On November 30, 2012, the Company granted 20,000 common stock warrants s to a former member of the Company’s Board of Directors with an exercise price of $0.10 per share for its common stock. These stock warrants were granted in connection with a $5,000 loan from the Director. These warrants are exercisable over two years from the date of grant at an exercise price of $0.10 per share.
	On September 30, 2012, the Company extended 348,320 previously granted and extended common stock warrants issued to the Company’s former CEO, with an exercise price of $0.15 for an additional 21 months from their expiration on September 30, 2012. These warrants are fully vested and expire on June 30, 2014. The total estimated value using the Black-Scholes Pricing Model, based on a volatility rate of 216% and a call option value of $0.0374, was $13,022 and was recognized as interest expense on September 30, 2012.
	On September 30, 2012, the Company extended 2,439,920 previously granted and extended common stock warrants issued to the Company’s CEO, with an exercise price of $0.15 for an additional 21 months from their expiration on September 30, 2012. These warrants are fully vested and expire on June 30, 2014. The total estimated value using the Black-Scholes Pricing Model, based on a volatility rate of 216% and a call option value of $0.0374, was $91,215 and was recognized as interest expense on September 30, 2012.
	On September 30, 2012, the Company extended a total of 1,301,312 previously granted and extended common stock warrants issued to the one of the Company’s directors, with an exercise price of $0.15 for an additional 21 months from their expiration on September 30, 2012. These warrants are fully vested and expire on June 30, 2014. The total estimated value using the Black-Scholes Pricing Model, based on a volatility rate of 216% and a call option value of $0.0374, was $48,649 and was recognized as interest expense on September 30, 2012.
	On September 30, 2012, the Company extended a total of 2,287,944 previously granted and extended common stock warrants issued amongst a total of five former investors, with an exercise price of $0.15 for an additional 21 months from their expiration on September 30, 2012. These warrants are fully vested and expire on June 30, 2014. The total estimated value using the Black-Scholes Pricing Model, based on a volatility rate of 216% and a call option value of $0.0374, was $85,533 and was recognized as interest expense on September 30, 2012.
	On July 31, 2012, the Company granted 1,000,000 common stock warrants with an exercise price of $0.15 per share for its common stock. These stock warrants were granted in connection with the sale of 1,000,000 shares of common stock in exchange for proceeds of $100,000. These warrants are exercisable over two years from the date of grant at an exercise price of $0.15 per share.
	On April 4, 2012, the Company granted a total of 874,982 common stock warrants amongst three individual investors with an exercise price of $0.08 per share for its common stock. These stock warrants were granted in connection with the sale of 874,982 shares of common stock in exchange for total proceeds of $52,499. These warrants are exercisable over two years from the date of grant at an exercise price of $0.08 per share.
	On April 4, 2012, the Company granted 416,667 common stock warrants s to a member of the Company’s Board of Directors with an exercise price of $0.08 per share for its common stock. These stock warrants were granted in connection with the sale of 874,982 shares of common stock in exchange for total proceeds of $25,000. These warrants are exercisable over two years from the date of grant at an exercise price of $0.08 per share.
	On March 20, 2012, the Company granted 150,000 common stock warrants with an exercise price of $0.08 per share for its common stock. These stock warrants were granted in connection with the sale of 150,000 shares of common stock in exchange for proceeds of $9,000. These warrants are exercisable over two years from the date of grant at an exercise price of $0.08 per share.
	On March 20, 2012, the Company granted 83,333 common stock warrants with an exercise price of $0.08 per share for its common stock. These stock warrants were granted in connection with the sale of 83,333 shares of common stock in exchange for proceeds of $5,000. These warrants are exercisable over two years from the date of grant at an exercise price of $0.08 per share.
	On March 20, 2012, the Company granted 166,666 common stock warrants with an exercise price of $0.08 per share for its common stock. These stock warrants were granted in connection with the sale of 166,666 shares of common stock in exchange for proceeds of $10,000. These warrants are exercisable over two years from the date of grant at an exercise price of $0.08 per share.
	On March 20, 2012, the Company granted 166,666 common stock warrants with an exercise price of $0.08 per share for its common stock. These stock warrants were granted in connection with the sale of 166,666 shares of common stock in exchange for proceeds of $10,000. These warrants are exercisable over two years from the date of grant at an exercise price of $0.08 per share.
	On February 15, 2012, the Company granted 100,000 common stock warrants with an exercise price of $0.08 per share for its common stock. These stock warrants were granted in connection with the sale of 100,000 shares of common stock in exchange for proceeds of $6,000. These warrants are exercisable over two years from the date of grant at an exercise price of $0.08 per share.
	On February 15, 2012, the Company granted 100,000 common stock warrants with an exercise price of $0.08 per share for its common stock. These stock warrants were granted in connection with the sale of 100,000 shares of common stock in exchange for proceeds of $6,000. These warrants are exercisable over two years from the date of grant at an exercise price of $0.08 per share.
	Warrants Expired
	A total of 766,665 and 1,888,334 warrants expired during the three months ended March 31, 2014 and 2013, respectively.
	Warrants Cancelled
	There were no warrants cancelled during the three months ended March 31, 2014 and 2013.
	The following is a summary of the common stock warrant activity as of March 31, 2014.
					Weighted
		Warrants			Average
		Outstanding			Exercise Price
	Balance, January 1, 2013		15,280,394		$	0.14
	Granted		–			–
	Cancelled		–			–
	Exercised		–			–
	Expired		(5,824,584	)		(0.08	)
	Balance, December 31, 2013		9,455,810			0.11
	Granted		–			–
	Cancelled		–			–
	Exercised		–			–
	Expired		(766,665	)		(0.08	)
	Balance, March 31, 2014		8,689,145		$	0.14

9_Commitment_and_Contingencies

9. Commitment and Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Mining claims - The Company has a lease and purchase option agreement covering six patented claims in the Cerbat Mountains, Hualapai Mining District and Mohave County Arizona. The Company pays $1,500 per quarter as minimum advance royalties. The Company has the option to purchase the property for $250,000 plus interest at a rate of 8% compounded annually from and after the date of its exercise of the option to purchase the property. If the Lessee exercises its option to purchase, all funds paid to Lessors shall be credited toward the purchase price as of the date the payments were made.
	Mining reclamation costs - Mining and reclamation permits, and an air quality permit have been issued by the California regulatory agencies in the names of both, Twin Mountain, our joint venture partner, and the Company. The Company posted a cash bond in the amount of $1,379 (1% of the total bond amount) and Twin Mountain has posted the remainder of the $137,886 bond. If Twin Mountain defaults, we would be responsible for reclamation of the property, but reclamation costs incurred in that event would be paid in whole or part by the bond posted by us and Twin Mountain. Reclamation costs are not presently determinable.

10_Subsequent_Events

10. Subsequent Events	3 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]
Subsequent events	The Company has evaluated subsequent events from March 31, 2014 through the date whereupon the financial statements were issued.
	On June 3, 2014, a group of Can-Cal Resources Ltd. (“Can-Cal”) shareholders, under the direction of Ron Sloan (a former CEO and Director of Can-Cal) (the “Plaintiffs”) filed a shareholder derivative complaint in Nevada State Court against Can-Cal, as well as its current Directors (Thompson MacDonald, G.M. Hogan, and Ron Schinnour), William Hogan, FutureWorth Capital Corp. and Candeo Lava Products Inc. (“Candeo”) (collectively the “Defendants”). The Plaintiffs are alleging that, among other things, the Defendants took advantage of a corporate opportunity with the Can-Cal’s Pisgah Material property by undertaking a transaction involving Candeo instead of pursuing the opportunity within Can-Cal. The Defendant’s dispute these allegations and intend to defend the action vigorously. Currently the Defendants are involved in moving the lawsuit from state to federal court. Legal counsel for Can-Cal is Justin Jones, Esq. of Wolf, Rifkin, Shapiro, Schulman, and Rabkin, LLP of Las Vegas, Nevada.
	There are no other subsequent events determined to be of merit for inclusion herein.

1_Basis_of_Presentation_Polici

1. Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The accompanying unaudited condensed financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q and regulation S-X as promulgated by the Securities and Exchange Commissions (“SEC”) Therefore, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. The financial statements should be read in conjunction with the Form 10-K for the year ended December 31, 2013 of Can-Cal Resources Ltd. (“Can-Cal” or the “Company”).
	The interim condensed financial statements present the balance sheets, statements of operations and cash flows of Can-Cal Resources Ltd. The financial statements have been prepared in accordance with accounting principles generally accepted in the United States.
	The interim financial information is unaudited. In the opinion of management, all adjustments (which include normal recurring adjustments) necessary to present fairly the financial position as of March 31, 2014 and the results of operations and cash flows presented herein have been included in the financial statements. Interim results are not necessarily indicative of results of operations for the full year.
	The preparation of financial statements in conformity with accounting principles generally accepted 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Certain amounts in the prior periods presented have been reclassified to conform to the current period financial statement presentation.
Nature of business	Nature of Business
	Can-Cal Resources, Ltd. Is a Nevada corporation incorporated on March 22, 1995.
	The Company is an exploration company engaged in the exploration for precious metals, specifically focused on gold exploration projects. We have examined various prospective mineral properties for precious metals and acquired those deemed promising. We currently own, lease or have mining interest in four mineral properties in the southwestern United States (California and Arizona, as follows: Wikieup, Arizona; Cerbat, Arizona; Owl Canyon, California; and Pisgah, California).
	As an exploration stage enterprise, the Company discloses the deficit accumulated during the exploration stage. An entity remains in the exploration stage until such time as proven or probable reserves have been established for its deposits. Upon the location of commercially mineable reserves, the Company plans to prepare for mineral extraction and enter the development stage. To date, the exploration stage of the Company’s operations consists of contracting with geologists who sample and assess the mining viability of the Company’s claims.

4_Other_Current_Assets_Tables

4. Other Current Assets (Tables)	3 Months Ended
	Mar. 31, 2014
Prepaid Expense and Other Assets [Abstract]
Prepaid expenses		March 31,		December 31,
		2014		2013
	Prepaid portion of UNLV research project as disclosed below	$	–	$	–
	Annual Bureau of Land Management fees		3,827		6,147
	Rental fees		–		1,975
		$	3,827	$	8,122

5_Notes_Payable_Related_Partie1

5. Notes Payable, Related Parties (Tables)	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]
Notes payable, related parties		March 31,		December 31,
		2014		2013
	Notes payable to the CEO, unsecured, bearing interest at 10%, due on demand.	$	79,353	$	70,729
	Promissory note payable originated on November 30, 2012 with Futureworth Capital Corp., a consulting firm owned by our former Chairman of the Board of Directors, unsecured, bearing interest at 10%, matures on November 29, 2013. In connection with the promissory note, the Company granted warrants to purchase 20,000 shares of the Company’s common stock at an exercise price of $0.10. The warrants expire on November 29, 2014.		5,000		5,000
	Total notes payable, related parties		84,353		75,729
	Less: current portion		84,353		75,759
	Notes payable, related parties, less current portion	$	–	$	–
Components of interest expense by instrument type		March 31,		March 31,
		2014		2013
	Interest on notes payable, related parties	$	1,999	$	1,448
	Amortization of warrants granted on notes payable, related parties		–		122
	Accounts payable related vendor finance charges		–		178
		$	1,999	$	1,748

8_Warrants_Tables

8. Warrants (Tables)	3 Months Ended
	Mar. 31, 2014
Warrants Tables
Warrant activities					Weighted
		Warrants			Average
		Outstanding			Exercise Price
	Balance, January 1, 2013		15,280,394		$	0.14
	Granted		–			–
	Cancelled		–			–
	Exercised		–			–
	Expired		(5,824,584	)		(0.08	)
	Balance, December 31, 2013		9,455,810			0.11
	Granted		–			–
	Cancelled		–			–
	Exercised		–			–
	Expired		(766,665	)		(0.08	)
	Balance, March 31, 2014		8,689,145		$	0.14

2_Going_Concern_Details_Narrat

2. Going Concern (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Going Concern Details Narrative
Net loss	($64,550)	($95,858)
Working Capital	($1,005,118)

3_Related_Party_Details_Narrat

3. Related Party (Details Narrative) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Unearned revenues, related party	$66,940	$63,460
CEO [Member]
Accrued salaries owed	510,000	480,000
Futureworth Capital [Member]
Accrued salaries owed	$180,000

4_Other_Current_Assets_Details

4. Other Current Assets (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Total prepaid expenses	$3,827	$8,122
UNLV Research Project [Member]
Total prepaid expenses	0	0
Bureau of Land Management [Member]
Total prepaid expenses	3,827	6,147
Rental fees [Member]
Total prepaid expenses	$0	$1,975

5_Notes_Payable_Related_Partie2

5. Notes Payable, Related Parties (Details - notes payable) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Total notes payable, related parties	$84,353	$75,729
Less: current portion	84,353	75,729
Notes payable, related parties, less current portion	0	0
CEO [Member]
Total notes payable, related parties	79,353	70,729
Futureworth Capital [Member]
Total notes payable, related parties	$5,000	$5,000

5_Notes_Payable_Related_Partie3

5. Notes Payable, Related Parties (Details - interest payable) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Interest expense	$1,985	$1,748
Interest on notes payable, related parties [Member]
Interest expense	1,999	1,448
Amortization of warrants [Member]
Interest expense	0	122
Accounts payable related vendor finance charges [Member]
Interest expense	$0	$178

7_Options_Details_Narrative

7. Options (Details Narrative)	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2012
Shares reserved under plan	1,500,000
Options [Member]
Options granted	0	0
Options exercised	0	0
Options cancelled	0	0

8_Warrants_Details

8. Warrants (Details) (Warrants [Member], USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Warrants [Member]
Warrants Outstanding
Warrants outstanding - beginning balance	9,455,810	15,280,394	15,280,394
Warrants expired	-766,665	-1,888,334	-5,824,584
Warrants outstanding - ending balance	8,689,145		9,455,810
Weighted Average Exercise Price
Weighted average exercise price - beginning balance	$0.11	$0.14	$0.14
Weighted average exercise price - Expired	($0.08)		($0.08)
Weighted average exercise price - ending balance	$0.14		$0.11

8_Warrants_Details_Narrative

8. Warrants (Details Narrative) (Warrants [Member])	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Warrants [Member]
Warrants expired	766,665	1,888,334	5,824,584