MainStreetChamber (MSCH) 10-Q 16 Mar 15 2015 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jan. 31, 2015	Mar. 16, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Walker Lane Exploration, Inc.
Entity Central Index Key	1413659
Document Type	10-Q
Document Period End Date	31-Jan-15
Amendment Flag	FALSE
Current Fiscal Year End Date	-24
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		11,308,049
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2015

Balance_Sheets

Balance Sheets (USD $)	Jan. 31, 2015	Jul. 31, 2014
Current Assets
Cash and cash equivalents	$4,175	$44
Account receivable		45,000
Prepaid royalties	5,000	5,000
Prepaid expenses	5,254	23,797
Total Current Assets	14,429	73,841
Fixed Assets
Website, net of $1,125 accumulated depreciation	24,500
Total Fixed Assets	24,500
Other Assets
Mineral rights	9,305	6,981
TOTAL ASSETS	48,234	80,822
Current Liabilities
Accounts payable	67,523	48,402
Accrued liabilities - related parties	170,510	1,708
Accrued interest payable	15,759	4,767
Accrued interest payable - related parties	22,522	6,821
Notes payable - net of debt discount of $22,842 and $4,375, respectively	67,158	45,625
Notes payable - related parties, net of debt discount of $25,274 and $8,750, respectively	129,226	91,250
Shareholder loans	39,988	39,988
Total Liabilities	512,686	238,561
STOCKHOLDERS' DEFICIT
Preferred stock - $.001 par value, 10,000,000 shares authorized; 255,440 Series B shares issued and outstanding	255	255
Common stock - $0.001 par value; 400,000,000 shares authorized; 11,308,049 and 11,217,985 shares issued and outstanding, respectively	11,308	11,218
Additional paid-in capital	1,937,789	1,711,654
Accumulated deficit	-2,413,804	-1,880,866
Total Stockholders' Deficit	-464,452	-157,739
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$48,234	$80,822

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Jan. 31, 2015	Jul. 31, 2014
Balance Sheets
Website, accumulated depreciation	$1,125
Note payable, discount	22,842	4,375
Notes payable - related parties, discount	$25,274	$8,750
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, Series B shares issued	255,440	255,440
Preferred stock, Series B shares outstanding	255,440	255,440
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	11,308,049	11,217,985
Common stock, shares outstanding	11,308,049	11,217,985

Statements_of_Operations

Statements of Operations (USD $)	3 Months Ended		6 Months Ended
	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
Statements of Operations
REVENUES
OPERATING EXPENSES
Director fees	82,500		82,500
Management fees	173,900		173,900
Professional fees	104,240	3,406	164,425	20,275
General and administrative	10,191	79	25,911	140
TOTAL OPERATING EXPENSES	370,831	3,485	446,736	20,415
LOSS FROM OPERATIONS	-370,831	-3,485	-446,736	-20,415
OTHER INCOME (EXPENSE)
Interest expense	-23,530	-2,750	-32,525	-5,500
Interest expense - related parties	-32,955		-53,677
TOTAL OTHER INCOME (EXPENSE)	-56,485	-2,750	-86,202	-5,500
LOSS BEFORE PROVISION FOR INCOME TAX	-427,316	-6,235	-532,938	-25,915
PROVISION FOR INCOME TAX
NET LOSS	($427,316)	($6,235)	($532,938)	($25,915)
LOSS PER SHARE: basic and diluted (in dollars per share)	($0.04)	$0	($0.05)	$0
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: basic and diluted (in shares)	11,287,692	3,217,985	11,258,062	3,217,985

Statements_of_Cash_Flows

Statements of Cash Flows (USD $)	6 Months Ended
	Jan. 31, 2015	Jan. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period	($532,938)	($25,915)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense	1,125
Amortization of discount on notes payable	59,509
Common stock issued for operating expenses	28,825
Common stock issued for directors fees	82,500
Changes in operating assets and liabilities:
Accounts receivable	45,000
Prepaid royalties and expenses	23,318
Accounts payable	19,121	19,976
Accrued expenses	195,495	5,500
Cash flows used in operating activities	-78,045	-439
CASH FLOWS USED IN INVESTING ACTIVITIES
Purchases of mineral rights	-2,324
Cash flows used in investing activities	-2,324
CASH FLOWS FROM FINANCING ACTIVIES
Proceeds from notes payable	30,000
Proceeds from notes payable - related parties	54,500
Shareholder loans, net		300
Cash flows provided by financing activities	84,500	300
Net increase (decrease) in cash and cash equivalents	4,131	-139
Cash and cash equivalents - beginning of period	44	142
Cash and cash equivalents - end of period	4,175	3
Non-cash investing and financing activities:
Debt discount from convertible debt	94,500
Common stock issued for prepaid expenses	33,600
Additions to fixed assets through issuance of debt	10,000
Additions to fixed assets through issuance of common stock	$15,625

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jan. 31, 2015
BASIS OF PRESENTATION [Abstract]
BASIS OF PRESENTATION	1.
	BASIS OF PRESENTATION
	The unaudited financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America for interim financial information, as well as the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of the Company's management, all adjustments (consisting of only normal recurring accruals) considered necessary for a fair presentation of the interim financial statements have been included. Operating results for the six month period ended January 31, 2015 are not necessarily indicative of the results that may be expected for the full fiscal year ending July 31, 2015.
	For further information refer to the financial statements and footnotes thereto in the Company's Annual Report on Form 10-K for the year ended July 31, 2014.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jan. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2.
	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	The Company has adopted Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation, which removes all incremental financial reporting requirements from GAAP for development stage entities, including removal of Inception to Date reporting on the face of the interim and annual financial statements of the Company.
	Reclassifications
	Certain reclassifications have been made to conform to prior periods' presentation to the current presentation. These reclassifications have no effect on the results of operations or stockholders' deficit.
	Cash and Cash Equivalents
	The Company considers all highly liquid investments with maturities of three months or less to be cash equivalents. The Company's bank accounts are deposited in insured institutions. The funds are insured up to $250,000. At times, the Company's bank deposits may exceed the insured amount. Management believes it has little risk related to the excess deposits.
	Fair Value and Financial Instruments
	On January 31, 2015 and 2014, the Company's financial instruments consisted principally of cash and cash equivalents, which do not require recurring re-measurement at fair value.
	Mining Properties and Claims
	The Company capitalizes costs for acquiring mineral properties and expenses costs to maintain mineral rights and leases as incurred. Should a property reach the production stage, these capitalized costs would be amortized using the units-of-production method on the basis of periodic estimates of ore reserves. Mineral properties are periodically assessed for impairment of value, and any subsequent losses are charged to operations at the time of impairment. If a property is abandoned or sold, its capitalized costs are charged to operations.
	Net Loss per Share
	Basic earnings per share ("EPS") is computed as net loss available to common shareholders after dividends to preferred shareholders, divided by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from common shares issuable through stock options, warrants, and other convertible debt and securities. There are no such common stock equivalents outstanding as of January 31, 2015 and 2014. In years in which a loss is incurred the effect of potential issuance of shares under options, warrants and convertible debt would be anti-dilutive and therefore basic and diluted loss per share are the same.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
	Recent Accounting Pronouncements
	No recent accounting standards or interpretations issued or recently adopted are expected to have a material impact on the Company's financial position, operations or cash flows.

GOING_CONCERN

GOING CONCERN	6 Months Ended
	Jan. 31, 2015
GOING CONCERN [Abstract]
GOING CONCERN	3.
	GOING CONCERN
	The accompanying financial statements have been prepared under the assumption that the Company will continue as a going concern. The Company has incurred losses since its inception and does not have sufficient cash to fund normal operations and meet debt obligations for the next 12 months without deferring payment on certain current liabilities and/or raising additional funds.
	The Company currently has no historical recurring source of revenue and its ability to continue as a going concern is dependent on the Company's ability to raise capital to fund its future exploration and working capital requirements or its ability to profitably execute its business plan. The Company's plans for the long-term continuation as a going concern include the profitable exploitation of its mining properties and financing the Company's future operations through sales of its common stock and/or debt. Additionally, the current capital markets and general economic conditions in the United States are significant obstacles to raising the required funds. These factors raise substantial doubt about the Company's ability to continue as a going concern.
	The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern. If the going concern basis were not appropriate for these financial statements, adjustments would be necessary in the carrying value of assets and liabilities, the reported expenses and the balance sheet classifications used.

MINERAL_RIGHTS

MINERAL RIGHTS	6 Months Ended
	Jan. 31, 2015
MINERAL RIGHTS [Abstract]
MINERAL RIGHTS	4.
	MINERAL RIGHTS
	Pyramid:
	On July 31, 2014, the Company acquired the mineral rights to seven 20-acre lode claims in Washoe County, NV owned by SJE Mining LLC, a company controlled by Steve Jones, an officer and director of the Company. The purchase price was satisfied with Common Shares valued at the seller's carrying cost of the mineral rights. All rights and obligations of the seller were transferred to the Company concurrent with the purchase and sale of mineral rights.
	The mining lease and option to purchase agreement dated July 31, 2014, included mineral rights to three additional lode claims, subject to a 1.75% net smelter royalty on a year-to-year basis from SJE Mining LLC. This lease was for an initial term of 10 years and included royalty payments at the inception and at each anniversary of the agreement. One January 31, 2015, SJE Mining LLC and Steve Jones transferred the ownership of these three claims to the Company by quit claim for $10 consideration plus registration fees.
	West Trinity:
	On July 31, 2014, the Company acquired the mineral rights to twenty-three 20-acre lode claims in Churchill County, NV owned by SJE Mining LLC, a company owned by Steve Jones, an officer and director of the Company. The purchase price was satisfied with Common Shares valued at the seller's carrying cost of the mineral rights. All rights and obligations of the seller were transferred to the Company concurrent with the purchase and sale of mineral rights.
	The mining lease and option to purchase agreement dated July 31, 2014, included mineral rights to one additional lode claim, subject to a 1.75% net smelter royalty on a year-to-year basis from SJE Mining LLC. This lease was for an initial term of 10 years and included royalty payments at the inception and at each anniversary of the agreement. On January 31, 2015, SJE Mining LLC and Steve Jones transferred the ownership of these three claims to the Company by quit claim for $10 consideration plus registration fees.
	Both the Pyramid and West Trinity claims purchased at July 31, 2014, were valued at the carrying cost of the seller by issuing Common shares, including the assumption of $150,000 of the seller's debt.
	Paradise Peak:
	On September 3, 2014, the Company located 9 claims in the Paradise Peak Mining District, Nye County, Nevada on BLM-controlled land. On October, 25, 2014, the Company located an additional 4 claims in this district. Total cost for the 9 claims was $2,250.
	The Company controls 43 claims totaling 860 acres subject to annual claims fees of $155.50 per 20-acre claim for BLM fees and $10.50 per 20 acre claim for county fees.
		Owned
	Property
	West Trinity Claims		24
	Pyramid Claims		10
	Paradise Claims		13
	Total Claims		43

ASSET_ACQUISITION_AND_CHANGE_I

ASSET ACQUISITION AND CHANGE IN CONTROL	6 Months Ended
	Jan. 31, 2015
ASSET ACQUISITION AND CHANGE IN CONTROL [Abstract]
ASSET ACQUISITION AND CHANGE IN CONTROL	5
	ASSET ACQUISITION AND CHANGE IN CONTROL
	On July 31, 2014, we issued 8,000,000 (200,000,000 pre-split) shares of common stock to accomplish a change in control of the Company. Simultaneously, we entered into an Asset Purchase Agreement with SJE Mining LLC ("SJE") to acquire certain mineral rights from SJE. The following assets and liabilities were transferred to the Company at book value, which resulted in a deemed dividend of $78,107:
	Description	2014
	Mineral rights	$	6,981
	Prepaid expenses		31,500
	Accounts receivable		45,000
	Notes payable		(150,000	)
	Accrued interest		(11,588	)
	Deemed dividend charged against retained earnings		78,107
	Total	$	—

NOTES_PAYABLE

NOTES PAYABLE	6 Months Ended
	Jan. 31, 2015
NOTES PAYABLE [Abstract]
NOTES PAYABLE	6.
	NOTES PAYABLE
	On December 13, 2012, the Company issued a promissory note for $100,000 to an unrelated party. The note bears interest at 10%, and is unsecured. Principal and interest were due at maturity on December 31, 2014. On July 30, 2014, the note principal plus accrued interest of $16,301 was converted into 232,602 Series B Preferred Shares.
	On February 28, 2013, the Company issued a promissory note for $10,000 to an unrelated party. The note bears interest at 10%, and is unsecured. Principal and interest were due at maturity on December 31, 2014. On July 30, 2014, the note principal plus accrued interest of $1,419 was converted into 22,838 Series B Preferred Shares.
	On July 31, 2014, a note payable in the amount of $50,000 was assumed under an asset purchase agreement. The note bears interest at 40% and originally matured on October 1, 2014, which was extended to March 1, 2015 and again to May 1, 2015. The assignment of each note calls for the issuance of 3,500 shares of common stock upon satisfaction of all the conditions of the note payable. This note was deemed to include a debt discount valued at $4,375 for the shares to be issued, based on the market value of the stock on July 31, 2014. The discount is being amortized over the term of the loan. Amortization expense of $4,375 was recorded for the six months ended January 31, 2015, fully amortizing the discount recorded at the date of assumption. Accrued interest of $14,821 is owed on this note at January 31, 2015.
	On October 24, 2014, the Company borrowed $10,000 under a convertible note. The note bears interest at 25% and had an original maturity date of February 28, 2015, later extended to May 1, 2015. The note contains a conversion feature allowing the conversion of principal and accrued interest into common shares at $0.37 per share. Since the conversion price was below the market price of the stock on the date of issue, a debt discount in the amount of $10,000 was recorded. The discount is being amortized over the term of the loan. Amortization expense of $7,869 was recorded for the six months ended January 31, 2015, and $2,131 of debt discount remains to be amortized over future periods. Accrued interest of $630 is owed on this note at January 31, 2015.
	On November 8, 2014, the Company borrowed $10,000 under a convertible note. The note bears interest at 25% and had an original maturity date of February 28, 2015, later extended to May 1, 2015. The note contains a conversion feature allowing the conversion of principal and accrued interest into common shares at $0.37 per share. Since the conversion price was below the market price of the stock on the date of issue, a debt discount in the amount of $10,000 was recorded. The discount is being amortized over the term of the loan. Amortization expense of $7,500 was recorded for the six months ended January 31, 2015, and $2,500 of debt discount remains to be amortized over future periods. Accrued interest of $592 is owed on this note at January 31, 2015.
	On January 15, 2015, the Company borrowed $10,000 under a convertible note. The note bears interest at 25% and has a maturity date of June 17, 2015. The note contains a conversion feature allowing the conversion of principal and accrued interest into common shares at $0.37 per share. Since the conversion price was below the market price of the stock on the date of issue, a debt discount in the amount of $10,000 was recorded. The discount is being amortized over the term of the loan. Amortization expense of $1,046 was recorded for the six months ended January 31, 2015, and $8,954 of debt discount remains to be amortized over future periods. Accrued interest of $110 is owed on this note at January 31, 2015.
	On January 20, 2015, the Company borrowed $10,000 under a convertible note. The note bears interest at 25% and has a maturity date of June 17, 2015. The note contains a conversion feature allowing the conversion of principal and accrued interest into common shares at $0.37 per share. Since the conversion price was below the market price of the stock on the date of issue, a debt discount in the amount of $10,000 was recorded. The discount is being amortized over the term of the loan. Amortization expense of $743 was recorded for the six months ended January 31, 2015, and $9,257 of debt discount remains to be amortized over future periods. Accrued interest of $82 is owed on this note at January 31, 2015.
	At January 31, 2015, the Company had total notes payable of $90,000 with unamortized discounts of $22,842, for a net amount of $67,158 and associated interest accrual of $15,759.

NOTES_PAYABLE_RELATED_PARTIES

NOTES PAYABLE - RELATED PARTIES	6 Months Ended
	Jan. 31, 2015
NOTES PAYABLE - RELATED PARTIES [Abstract]
NOTES PAYABLE - RELATED PARTIES	7
	NOTES PAYABLE – RELATED PARTIES
	On July 31, 2014, two notes payable in the amount of $50,000 each were assumed under an asset purchase agreement. One note bears interest at 10% and originally matured on December 1, 2014, which was extended to May 1, 2015. The second note bears interest at 40% and also originally matured on December 1, 2014, which was extended to May 1, 2015. The assignment of each note calls for the issuance of 3,500 shares of common stock upon satisfaction of all the conditions of the note payable. These notes were deemed to include a debt discount valued at $4,375 for the shares to be issued, based on the market value of the stock on July 31, 2014, for a total debt discount of $8,750 on the two notes. The discount is being amortized over the term of the loans. Amortization expense of $8,750 was recorded for the six months ended January 31, 2015. Accrued interest of $19,285 is owed on the two notes at January 31, 2015.
	On August 27, 2014, the Company borrowed $4,500 under convertible note from an entity controlled by a director of the Company. The note bears interest at 25% with a maturity date of February 28, 2015, later extended to May 1, 2015. The note contains a conversion feature allowing the conversion of principal and accrued interest into common shares at $0.37 per share. Since the conversion price was below the market price of the stock on the date of issue, a debt discount in the amount of $4,500 was recorded. The discount is being amortized over the term of the loan. Amortization expense of $3,835 was recorded for the six months ended January 31, 2015, and $665 of debt discount remains to be amortized over future periods. Accrued interest of $487 is owed on this note at January 31, 2015.
	On September 22, 2014, the Company borrowed $10,000 under convertible note from a director of the Company. The note bears interest at 25% with a maturity date of February 28, 2015, later extended to May 1, 2015. The note contains a conversion feature allowing the conversion of principal and accrued interest into common shares at $0.37 per share. Since the conversion price was below the market price of the stock on the date of issue, a debt discount in the amount of $10,000 was recorded. The discount is being amortized over the term of the loan. Amortization expense of $8,286 was recorded for the six months ended January 31, 2015, and $1,714 of debt discount remains to be amortized over future periods. Accrued interest of $904 is owed on this note at January 31, 2015.
	On September 30, 2014, the Company borrowed $5,000 under convertible note from a director of the Company. The note bears interest at 25% with a maturity date of February 28, 2015, later extended to May 1, 2015. The note contains a conversion feature allowing the conversion of principal and accrued interest into common shares at $0.37 per share. Since the conversion price was below the market price of the stock on the date of issue, a debt discount in the amount of $5,000 was recorded. The discount is being amortized over the term of the loan. Amortization expense of $4,099 was recorded for the six months ended January 31, 2015, and $901 of debt discount remains to be amortized over future periods. Accrued interest of $424 is owed on this note at January 31, 2015.
	On October 1, 2014, the Company borrowed $10,000 under convertible note from a director of the Company. The note bears interest at 10% with a maturity date of February 28, 2015, later extended to May 1, 2015. The note contains a conversion feature allowing the conversion of principal and accrued interest into common shares at $0.37 per share. Since the conversion price was below the market price of the stock on the date of issue, a debt discount in the amount of $10,000 was recorded. The discount is being amortized over the term of the loan. Amortization expense of $8,186 was recorded for the six months ended January 31, 2015, and $1,814 of debt discount remains to be amortized over future periods. Accrued interest of $842 is owed on this note at January 31, 2015.
	On December 19, 2014, the Company borrowed $10,000 under convertible note from a director of the Company. The note bears interest at 25% with a maturity date of June 17, 2015. The note contains a conversion feature allowing the conversion of principal and accrued interest into common shares at $0.37 per share. Since the conversion price was below the market price of the stock on the date of issue, a debt discount in the amount of $10,000 was recorded. The discount is being amortized over the term of the loan. Amortization expense of $2,389 was recorded for the six months ended January 31, 2015, and $7,611 of debt discount remains to be amortized over future periods. Accrued interest of $301 is owed on this note at January 31, 2015.
	On December 30, 2014, the Company borrowed $4,800 under convertible note from an entity controlled by a director of the Company. The note bears interest at 25% with a maturity date of June 17, 2015. The note contains a conversion feature allowing the conversion of principal and accrued interest into common shares at $0.37 per share. Since the conversion price was below the market price of the stock on the date of issue, a debt discount in the amount of $4,800 was recorded. The discount is being amortized over the term of the loan. Amortization expense of $909 was recorded for the six months ended January 31, 2015, and $3,891 of debt discount remains to be amortized over future periods. Accrued interest of $108 is owed on this note at January 31, 2015.
	On January 6, 2013, the Company borrowed $5,200 under convertible note from an entity controlled by a director of the Company. The note bears interest at 25% with a maturity date of June 17, 2015. The note contains a conversion feature allowing the conversion of principal and accrued interest into common shares at $0.37 per share. Since the conversion price was below the market price of the stock on the date of issue, a debt discount in the amount of $5,200 was recorded. The discount is being amortized over the term of the loan. Amortization expense of $802 was recorded for the six months ended January 31, 2015, and $4,398 of debt discount remains to be amortized over future periods. Accrued interest of $89 is owed on this note at January 31, 2015.
	On January 8, 2015, the Company borrowed $5,000 under convertible note from a director of the Company. The note bears interest at 25% with a maturity date of June 17, 2015. The note contains a conversion feature allowing the conversion of principal and accrued interest into common shares at $0.37 per share. Since the conversion price was below the market price of the stock on the date of issue, a debt discount in the amount of $5,000 was recorded. The discount is being amortized over the term of the loan. Amortization expense of $719 was recorded for the six months ended January 31, 2015, and $4,281 of debt discount remains to be amortized over future periods. Accrued interest of $82 is owed on this note at January 31, 2015.
	At January 31, 2015, the Company had total related party notes payable of $154,500 with unamortized discounts of $25,274, for a net amount of $129,226 and associated interest accrual of $22,522.

CAPITAL_STOCK

CAPITAL STOCK	6 Months Ended
	Jan. 31, 2015
CAPITAL STOCK [Abstract]
CAPITAL STOCK	8.
	CAPITAL STOCK
	Common Shares:
	The Company has 400,000,000 shares of common stock authorized.
	On July 31, 2014, the Company issued 8,000,000 (200,000,000 pre-split) shares of common stock to accomplish a change in control of the Company. Simultaneously, we entered into an Asset Purchase Agreement as described in Note 3. The share issuance is subject to a lock-up agreement dated August 8, 2014, which restricts the shareholders from trading, transferring, selling, or otherwise conveying the 8,000,000 shares for a period of two years.
	On September 23, 2014, the Company executed a 25:1 reverse split of its issued and outstanding Common Shares. Any existing agreements, notes or contracts which contain provisions or calculations related to issuance of stock or conversion of rights, debt or equity to Common Shares are automatically revised to use this ratio in such issuances or conversions. Any issuances of Common Shares under future agreements, notes or contracts will use post-split shares. All share and per share data presented in these financial statements and accompanying footnotes have been retroactively adjusted to reflect the decreased number of shares resulting from these actions.
	On January 31, 2015 the Company issued 20,000 shares of common stock with a par value of $0.001 per share to a director of the Company. The shares were valued at $1.50 per share, the trading price of the shares at November 4, 2104, the date of grant. A total of $30,000 was recognized as Director fees expense for the six months ended January 31, 2015.
	On January 31, 2015 the Company issued 30,000 shares of common stock with a par value of $0.001 per share to directors of the Company. The shares were valued at $1.75 per share, the trading price of the shares at December 8, 2104, the date of grant. A total of $52,500 was recognized as Director fees expense for the six months ended January 31, 2015.
	On January 31, 2015 the Company issued 19,200 shares of common stock with a par value of $0.001 per share to a third party service provider. The shares were valued at $1.75 per share, the trading price of the December 4, 2014, the date of grant. The value of $33,600 was recorded as a prepaid expense, against which a portion of the service costs are applied. As of January 31, 2015, $28,825 has been recognized as Professional fees, and $4,775 remains to be applied to services performed in future periods.
	On January 31, 2015 the Company issued 20,833 shares of common stock with a par value of $0.001 per share as compensation to third party service provider to acquire a fixed asset. The shares were valued at $0.75 per share, the trading price of the September 15, 2014 agreement, the date of grant. The value of $15,625 was recorded as an addition to fixed assets.
	Preferred Shares:
	On July 8, 2013, pursuant to a previously-obtained written consent of the majority of our shareholders, we filed a Certificate of Amendment to our Articles of Incorporation. The Certificate of Amendment amends our articles of incorporation to authorize up to 10,000,000 shares of preferred stock, par value $0.001 per share.
	Out of the 10,000,000 preferred shares authorized, the Company has authorized a series of Class A Convertible Preferred Stock, consisting of 1,000,000 shares, which series shall have the powers, designations, preferences and relative participating, optional and other special rights, and the, limitations and restrictions as defined in the Certificate of Designation filed under the Company's Form 8-K filed as of July 26, 2013. No Series A preferred shares have been issued as of July 31, 2014.
	On July 30, 2014, the Company authorized a series of Class B Preferred Stock, consisting of 1,000,000 shares. Each series B preferred share entitles the holder to 100 votes per share on any matters brought to a vote of the shareholders. Series B preferred shares have no economic interest in the Company, or any preferential liquidation rights.  On September 29, 2014 the B preferred shareholders consented to reduce the votes per share to 10 from 100.
	On July 30, 2014, the Company issued 255,400 Series B preferred shares to two noteholders to convert $127,020 of note principal and accrued interest. The Company has the right to buy back the preferred B shares for a period of 120 days at a per share price of $0.597. On December 16, 2014 the Company entered into an agreement to extend the preferred B shares buyback period to March 1, 2015.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jan. 31, 2015
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	9.
	COMMITMENTS AND CONTINGENCIES
	The Company has 860 acres included in owned and leased mining claims, and is subject to annual claims fees on owned mineral claims and claims rental fees on rented mineral claims in order to maintain its mineral rights. Following are the annual claims and labor requirements for 2014 and 2015.
	Due within 12 months of:	January 31,		January 31,
		2015
				2014
	Claims rental	$	—	$	30,000
	Claims fees		5,627		7,117
	Yearly Totals	$	5,627	$	37,117
	On January 31, 2015, SJE Mining LLC and Steve Jones transferred the ownership of the leased claims to the Company by quit claim, which removed the claims rental requirement.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jan. 31, 2015
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	10.
	SUBSEQUENT EVENTS
	In accordance with ASC 855-10, the Company's management has analyzed its operations through the date on which the financial statements were issued, and has determined it does not have any material subsequent events to disclose.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jan. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Reclassifications	Reclassifications
	Certain reclassifications have been made to conform to prior periods' presentation to the current presentation. These reclassifications have no effect on the results of operations or stockholders' deficit.
Cash and Cash Equivalents	Cash and Cash Equivalents
	The Company considers all highly liquid investments with maturities of three months or less to be cash equivalents. The Company's bank accounts are deposited in insured institutions. The funds are insured up to $250,000. At times, the Company's bank deposits may exceed the insured amount. Management believes it has little risk related to the excess deposits.
Fair Value and Financial Instruments	Fair Value and Financial Instruments
	On January 31, 2015 and 2014, the Company's financial instruments consisted principally of cash and cash equivalents, which do not require recurring re-measurement at fair value.
Mining Properties and Claims	Mining Properties and Claims
	The Company capitalizes costs for acquiring mineral properties and expenses costs to maintain mineral rights and leases as incurred. Should a property reach the production stage, these capitalized costs would be amortized using the units-of-production method on the basis of periodic estimates of ore reserves. Mineral properties are periodically assessed for impairment of value, and any subsequent losses are charged to operations at the time of impairment. If a property is abandoned or sold, its capitalized costs are charged to operations.
Net Loss per Share	Net Loss per Share
	Basic earnings per share ("EPS") is computed as net loss available to common shareholders after dividends to preferred shareholders, divided by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from common shares issuable through stock options, warrants, and other convertible debt and securities. There are no such common stock equivalents outstanding as of January 31, 2015 and 2014. In years in which a loss is incurred the effect of potential issuance of shares under options, warrants and convertible debt would be anti-dilutive and therefore basic and diluted loss per share are the same.
Use of Estimates	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Recent Accounting Pronouncements	Recent Accounting Pronouncements
	No recent accounting standards or interpretations issued or recently adopted are expected to have a material impact on the Company's financial position, operations or cash flows.

MINERAL_RIGHTS_Tables

MINERAL RIGHTS (Tables)	6 Months Ended
	Jan. 31, 2015
MINERAL RIGHTS [Abstract]
Schedule of Property Owned
		Owned
	Property
	West Trinity Claims		24
	Pyramid Claims		10
	Paradise Claims		13
	Total Claims		43

ASSET_ACQUISITION_AND_CHANGE_I1

ASSET ACQUISITION AND CHANGE IN CONTROL (Tables)	6 Months Ended
	Jan. 31, 2015
ASSET ACQUISITION AND CHANGE IN CONTROL [Abstract]
Schedule of assets and liabilities were transferred to the Company at book value
	Description	2014
	Mineral rights	$	6,981
	Prepaid expenses		31,500
	Accounts receivable		45,000
	Notes payable		(150,000	)
	Accrued interest		(11,588	)
	Deemed dividend charged against retained earnings		78,107
	Total	$	—

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jan. 31, 2015
COMMITMENTS AND CONTINGENCIES [Abstract]
Schedule of the Annual Claims and Labor Requirements for 2014 and 2015
	Due within 12 months of:	January 31,		January 31,
		2015
				2014
	Claims rental	$	—	$	30,000
	Claims fees		5,627		7,117
	Yearly Totals	$	5,627	$	37,117

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) (USD $)	6 Months Ended
	Jan. 31, 2015	Jan. 31, 2014
Cash and Cash Equivalents
Maximum insured amount	$250,000
Net Loss per Share
Diluted common stock equivalents outstanding (in shares)	0	0

GOING_CONCERN_Details

GOING CONCERN (Details)	6 Months Ended
	Jan. 31, 2015
GOING CONCERN [Abstract]
Period for which company does not have sufficient cash to fund normal operations and meet debt obligations without deferring payment on certain current liabilities and/or raising additional funds	12 months

MINERAL_RIGHTS_Narrative_Detai

MINERAL RIGHTS (Narrative) (Details) (USD $)	6 Months Ended	0 Months Ended
	Jan. 31, 2015	Jan. 31, 2015	Jul. 31, 2014	Oct. 25, 2014	Sep. 03, 2014
	item	item	item	item	item
	acre		acre
Property, Plant and Equipment [Line Items]
Area of each lode claims in which the entity has acquired the mineral rights (in acres)	860	860
SJE Mining LLC [Member]
Property, Plant and Equipment [Line Items]
Area of each lode claims in which the entity has acquired the mineral rights (in acres)	860	860
Seller's debt			150,000
Number of owned and leased claims	43
Annual claims fees per 20-acre claim	155.5	155.5
Annual county claims fees per 20-acre claim	10.5	10.5
Pyramid Mining Claims [Member] | SJE Mining LLC [Member]
Property, Plant and Equipment [Line Items]
Number of lode claims in which the entity has acquired the mineral rights			7
Area of each lode claims in which the entity has acquired the mineral rights (in acres)			20
Number of additional lode claims in which the entity owns the mineral rights		3	3
Net smelter royalty (as a percent)			1.75%
Initial term of mining lease			10 years
Number of owned and leased claims	10
Royalty payments		10
West Trinity Mining Claims [Member] | SJE Mining LLC [Member]
Property, Plant and Equipment [Line Items]
Number of lode claims in which the entity has acquired the mineral rights			23
Area of each lode claims in which the entity has acquired the mineral rights (in acres)			20
Number of additional lode claims in which the entity owns the mineral rights		3	1
Net smelter royalty (as a percent)			1.75%
Initial term of mining lease			10 years
Number of owned and leased claims	24
Royalty payments		10
Paradise Peak [Member] | SJE Mining LLC [Member]
Property, Plant and Equipment [Line Items]
Number of lode claims in which the entity has acquired the mineral rights					9
Number of additional lode claims in which the entity owns the mineral rights				4
Number of owned and leased claims	13
Royalty payments				$2,250

MINERAL_RIGHTS_Schedule_of_Pro

MINERAL RIGHTS (Schedule of Property Owned) (Details) (SJE Mining LLC [Member])	6 Months Ended
	Jan. 31, 2015
	item
Mineral rights [Line Items]
Property owned	43
West Trinity Claims [Member]
Mineral rights [Line Items]
Property owned	24
Pyramid Claims [Member]
Mineral rights [Line Items]
Property owned	10
Paradise Peak [Member]
Mineral rights [Line Items]
Property owned	13

ASSET_ACQUISITION_AND_CHANGE_I2

ASSET ACQUISITION AND CHANGE IN CONTROL (Narrative) (Details)	0 Months Ended
	Jul. 31, 2014
ASSET ACQUISITION AND CHANGE IN CONTROL [Abstract]
Shares of common stock issued to accomplish a change in control	8,000,000
Pre-split shares of common stock issued to accomplish a change in control	200,000,000

ASSET_ACQUISITION_AND_CHANGE_I3

ASSET ACQUISITION AND CHANGE IN CONTROL (Schedule of Assets and Liabilities were Transferred to the Company at Book Value) (Details) (SJE Mining LLC [Member], USD $)	Jul. 31, 2013
SJE Mining LLC [Member]
Assets and liabilities were transferred to the Company at book value
Mineral rights	$6,981
Prepaid expenses	31,500
Accounts receivable	45,000
Notes payable	-150,000
Accrued interest	-11,588
Deemed dividend charged against retained earnings	78,107
Total

NOTES_PAYABLE_Narrative_Detail

NOTES PAYABLE (Narrative) (Details) (USD $)	6 Months Ended	12 Months Ended	0 Months Ended
	Jan. 31, 2015	Jul. 31, 2014	Jul. 31, 2014	Feb. 28, 2013	Dec. 13, 2012	Oct. 24, 2014	Nov. 08, 2014	Jan. 15, 2015	Jan. 20, 2015
Short Term Debt [Line Items]
Debt discount	$22,842	$4,375	$4,375
Notes payable, net	67,158	45,625	45,625
Accrued interest	15,759	4,767	4,767
Promissory notes [Member]
Short Term Debt [Line Items]
Debt issued to an unrelated party				10,000	100,000
Interest rate (as a percent)				10.00%	10.00%
Notes payable, two [Member]
Short Term Debt [Line Items]
Debt issued to an unrelated party		50,000	50,000
Interest rate (as a percent)		40.00%	40.00%
Shares issued upon conversion of note principal plus accrued interest		3,500
Debt discount		4,375	4,375
Amortization expense of debt discount	4,375
Accrued interest	14,821
Convertible note, one [Member]
Short Term Debt [Line Items]
Debt issued to an unrelated party						10,000
Interest rate (as a percent)						25.00%
Debt discount	2,131					10,000
Amortization expense of debt discount	7,869
Accrued interest	630
Conversion price (in dollars per share)						$0.37
Convertible note, two [Member]
Short Term Debt [Line Items]
Debt issued to an unrelated party							10,000
Interest rate (as a percent)							25.00%
Debt discount	2,500						10,000
Amortization expense of debt discount	7,500
Accrued interest	592
Conversion price (in dollars per share)							$0.37
Convertible note, three [Member]
Short Term Debt [Line Items]
Debt issued to an unrelated party								10,000
Interest rate (as a percent)								25.00%
Debt discount	8,954							10,000
Amortization expense of debt discount	1,046
Accrued interest	110
Conversion price (in dollars per share)								$0.37
Convertible note, four [Member]
Short Term Debt [Line Items]
Debt issued to an unrelated party									10,000
Interest rate (as a percent)									25.00%
Debt discount	9,257								10,000
Amortization expense of debt discount	743
Accrued interest	82
Conversion price (in dollars per share)									$0.37
Notes payable [Member]
Short Term Debt [Line Items]
Debt issued to an unrelated party	90,000
Debt discount	22,842
Notes payable, net	67,158
Accrued interest	15,759
Class B Preferred shares [Member]
Short Term Debt [Line Items]
Amount of note principal plus accrued interest converted into shares			127,020
Shares issued upon conversion of note principal plus accrued interest			255,400
Class B Preferred shares [Member] | Stock issuance transaction, one [Member] | Promissory notes [Member]
Short Term Debt [Line Items]
Amount of note principal plus accrued interest converted into shares		16,301
Shares issued upon conversion of note principal plus accrued interest		232,602
Class B Preferred shares [Member] | Stock issuance transaction, two [Member] | Promissory notes [Member]
Short Term Debt [Line Items]
Amount of note principal plus accrued interest converted into shares		$1,419
Shares issued upon conversion of note principal plus accrued interest		22,838

NOTES_PAYABLE_RELATED_PARTIES_

NOTES PAYABLE - RELATED PARTIES (Details) (USD $)	0 Months Ended	6 Months Ended	12 Months Ended
	Jul. 31, 2014	Jan. 31, 2015	Jul. 31, 2014	Aug. 27, 2014	Sep. 22, 2014	Sep. 30, 2014	Oct. 01, 2014	Dec. 19, 2014	Dec. 30, 2014	Jan. 06, 2013	Jan. 08, 2015
	item
Short Term Debt [Line Items]
Debt discount	$4,375	$22,842	$4,375
Related party notes payable, discount	8,750	25,274	8,750
Related party notes payable, net	91,250	129,226	91,250
Accrued interest	6,821	22,522	6,821
Notes payable and convertible note [Member]
Short Term Debt [Line Items]
Debt assumed		154,500
Related party notes payable, discount		25,274
Related party notes payable, net		129,226
Accrued interest		22,522
Notes payable [Member]
Short Term Debt [Line Items]
Number of notes payable assumed an asset purchase agreement	2
Debt discount	8,750		8,750
Amortization expense of debt discount		8,750
Accrued interest		19,285
Notes payable, one [Member]
Short Term Debt [Line Items]
Debt assumed	50,000		50,000
Interest rate (as a percent)	10.00%		10.00%
Shares of common stock to be issued once all the conditions of the note payable are satisfied			3,500
Debt discount	4,375		4,375
Notes payable, two [Member]
Short Term Debt [Line Items]
Debt assumed	50,000		50,000
Interest rate (as a percent)	40.00%		40.00%
Shares of common stock to be issued once all the conditions of the note payable are satisfied			3,500
Debt discount	4,375		4,375
Amortization expense of debt discount		4,375
Accrued interest		14,821
Convertible note, one [Member] | Director [Member]
Short Term Debt [Line Items]
Debt assumed				4,500
Interest rate (as a percent)				25.00%
Debt discount		665		4,500
Amortization expense of debt discount		3,835
Accrued interest		487
Conversion price (in dollars per share)				$0.37
Convertible note, two [Member] | Director [Member]
Short Term Debt [Line Items]
Debt assumed					10,000
Interest rate (as a percent)					25.00%
Debt discount		1,714			10,000
Amortization expense of debt discount		8,286
Accrued interest		904
Conversion price (in dollars per share)					$0.37
Convertible note, three [Member] | Director [Member]
Short Term Debt [Line Items]
Debt assumed						5,000
Interest rate (as a percent)						25.00%
Debt discount		901				5,000
Amortization expense of debt discount		4,099
Accrued interest		424
Conversion price (in dollars per share)						$0.37
Convertible note, four [Member] | Director [Member]
Short Term Debt [Line Items]
Debt assumed							10,000
Interest rate (as a percent)							10.00%
Debt discount		1,814					10,000
Amortization expense of debt discount		8,186
Accrued interest		842
Conversion price (in dollars per share)							$0.37
Convertible note, five [Member] | Director [Member]
Short Term Debt [Line Items]
Debt assumed								10,000
Interest rate (as a percent)								25.00%
Debt discount		7,611						10,000
Amortization expense of debt discount		2,389
Accrued interest		301
Conversion price (in dollars per share)								$0.37
Convertible note, six [Member] | Director [Member]
Short Term Debt [Line Items]
Debt assumed									4,800
Interest rate (as a percent)									25.00%
Debt discount		3,891							4,800
Amortization expense of debt discount		909
Accrued interest		108
Conversion price (in dollars per share)									$0.37
Convertible note, seven [Member] | Director [Member]
Short Term Debt [Line Items]
Debt assumed										5,200
Interest rate (as a percent)										25.00%
Debt discount		4,398								5,200
Amortization expense of debt discount		802
Accrued interest		89
Conversion price (in dollars per share)										$0.37
Convertible note, eight [Member] | Director [Member]
Short Term Debt [Line Items]
Debt assumed											5,000
Interest rate (as a percent)											25.00%
Debt discount		4,281									5,000
Amortization expense of debt discount		719
Accrued interest		$82
Conversion price (in dollars per share)											$0.37

CAPITAL_STOCK_Narrative_Detail

CAPITAL STOCK (Narrative) (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended	0 Months Ended		4 Months Ended
	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014	Jul. 31, 2014	Sep. 28, 2014	Jul. 31, 2014	Jan. 31, 2015	Nov. 04, 2014	Dec. 08, 2014	Dec. 04, 2014	Sep. 15, 2014
						item	item	item
Class of Stock [Line Items]
Common stock, shares authorized	400,000,000		400,000,000		400,000,000		400,000,000	400,000,000
Common stock, par value (in dollars per share)	$0.00		$0.00		0.001		$0.00	0.001
Director fees	$82,500		$82,500
Prepaid expenses	5,254		5,254		23,797		23,797	5,254
Professional fees	104,240	3,406	164,425	20,275
Fixed Assets	24,500		24,500					24,500
Preferred stock, shares authorized	10,000,000		10,000,000		10,000,000		10,000,000	10,000,000
Preferred stock, par value	$0.00		$0.00		0.001		$0.00	0.001
Preferred stock, shares issued	255,440		255,440		255,440		255,440	255,440
Common Stock [Member]
Class of Stock [Line Items]
Common stock, shares authorized	400,000,000		400,000,000					400,000,000
Reverse split ratio			25
Common Stock [Member] | Stock issuance transaction, one [Member] | Director [Member]
Class of Stock [Line Items]
Number of shares issued			20,000
Common stock, par value (in dollars per share)	$0.00		$0.00					0.001
Share price (in dollars per share)									$1.50
Director fees			30,000
Common Stock [Member] | Stock issuance transaction, two [Member] | Director [Member]
Class of Stock [Line Items]
Number of shares issued			30,000
Common stock, par value (in dollars per share)	$0.00		$0.00					0.001
Share price (in dollars per share)										$1.75
Director fees			52,500
Common Stock [Member] | Stock issuance transaction, three [Member] | Service provider [Member]
Class of Stock [Line Items]
Number of shares issued			19,200
Common stock, par value (in dollars per share)	$0.00		$0.00					0.001
Share price (in dollars per share)											$1.75
Prepaid expenses	33,600		33,600					33,600
Professional fees			28,825
Accrued professional fees	4,775		4,775					4,775
Common Stock [Member] | Stock issuance transaction, four [Member] | Service provider [Member]
Class of Stock [Line Items]
Number of shares issued			20,833
Common stock, par value (in dollars per share)	$0.00		$0.00					0.001
Share price (in dollars per share)												$0.75
Fixed Assets	15,625		15,625					15,625
Common Stock [Member] | Change in control [Member]
Class of Stock [Line Items]
Number of shares issued					8,000,000
Common Stock [Member] | Change in control [Member] | Pre-split shares [Member]
Class of Stock [Line Items]
Number of shares issued					200,000,000
Lock-up period for new issued shares					2 years
Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, par value	$0.00		$0.00					0.001
Preferred Stock [Member] | Maximum [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized	10,000,000		10,000,000					10,000,000
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized	1,000,000		1,000,000					1,000,000
Preferred stock, shares issued
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized	1,000,000		1,000,000					1,000,000
Number of votes per preferred stock			100			10		100
Shares to be issued to satisfy notes payable							255,400
Number of noteholders which notes are convert							2
Conversion amount							$127,020
Buy back period							120 days
Buy back price (in dollars per share)					0.597		$0.60

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Narrative) (Details)	Jan. 31, 2015
	acre
COMMITMENTS AND CONTINGENCIES [Abstract]
Owned and leased mining claims (in acres)	860

COMMITMENTS_AND_CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Schedule of Annual Claims and Labor Requirements) (Details) (USD $)	Jan. 31, 2015
Other Commitments [Line Items]
31-Jan-14	$37,117
31-Jan-15	5,627
Claims Rental [Member]
Other Commitments [Line Items]
31-Jan-14	30,000
31-Jan-15
Claims fees [Member]
Other Commitments [Line Items]
31-Jan-14	7,117
31-Jan-15	$5,627