Aurum 10-K 12 Feb 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Oct. 31, 2013	Jan. 28, 2014	Apr. 30, 2013
Document Information [Line Items]	'	'	'
Document Type	'10-K	'	'
Amendment Flag	'false	'	'
Document Period End Date	31-Oct-13	'	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'FY	'	'
Trading Symbol	'AURM	'	'
Entity Registrant Name	'AURUM, INC.	'	'
Entity Central Index Key	'0001450708	'	'
Current Fiscal Year End Date	'--10-31	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Voluntary Filers	'No	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Common Stock, Shares Outstanding	'	105,600,000	'
Entity Public Float	'	'	$1,320,000

Balance_Sheets_An_Exploration_

Balance Sheets (An Exploration Stage Company) (USD $)	Oct. 31, 2013	Oct. 31, 2012
Current Assets:	'	'
Cash	$12,797	$18,721
Receivables - Affiliates	19,696	14,760
Prepayments	8,744	24,298
Total Current Assets	41,237	57,779
Non-Current Assets:	'	'
Property and Equipment, net of accumulated depreciation of $106,032 and $77,614	423	28,841
Total Non-Current Assets	423	28,841
Total Assets	41,660	86,620
Current Liabilities:	'	'
Accounts Payable and Accrued Expenses	402,738	162,670
Total Current Liabilities	402,738	162,670
Non-Current Liabilities:	'	'
Payable to affiliates	7,558,320	6,630,197
Total Non-Current Liabilities	7,558,320	6,630,197
Total Liabilities	7,961,058	6,792,867
Stockholders' Equity (Deficit):	'	'
Common stock: $.0001 par value 500,000,000 shares authorised, and 105,600,000 shares issued and outstanding at October 31, 2013 and at October 31, 2012.	10,560	10,560
Additional Paid-in-Capital	2,740,207	2,663,669
Accumulated (Deficit) during exploration stage	-10,580,156	-9,290,467
Accumulated (Deficit) prior to exploration activities	-90,009	-90,009
Total Stockholders' Equity (Deficit)	-7,919,398	-6,706,247
Total Liabilities and Stockholders' Equity (Deficit)	$41,660	$86,620

Balance_Sheets_An_Exploration_1

Balance Sheets (An Exploration Stage Company) (Parenthetical) (USD $)	Oct. 31, 2013	Oct. 31, 2012
Property and Equipment, accumulated depreciation	$106,032	$77,614
Common stock, par value	$0.00	$0.00
Common stock, shares authorised	500,000,000	500,000,000
Common stock, shares issued	105,600,000	105,600,000
Common stock, shares outstanding	105,600,000	105,600,000

Statements_of_Operations_An_Ex

Statements of Operations (An Exploration Stage Company) (USD $)	12 Months Ended		61 Months Ended
Share data in Thousands, except Per Share data, unless otherwise specified	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013
Revenues	'	'	'
Cost and expenses	'	'	'
Legal, accounting & professional	80,803	39,521	305,004
Administration expenses	253,622	314,888	1,020,122
Consultation salaries - stock based compensation	76,538	646,953	2,729,167
Exploration expenses	1,475,593	2,617,093	6,912,507
Donations	'	'	100,000
Interest expense, net	1,615	'	1,629
Total costs and expenses	1,888,171	3,618,455	11,068,429
(Loss) from operations	-1,888,171	-3,618,455	-11,068,429
Foreign currency exchange gain	598,482	86,672	398,730
Other income:	'	'	'
Interest - other	'	3	134
(Loss) before income tax	-1,289,689	-3,531,780	-10,669,565
Provision for income tax	'	'	'
Net (loss)	($1,289,689)	($3,531,780)	($10,669,565)
Basic and diluted net (loss) per common equivalent shares	($0.01)	($0.03)	($0.10)
Weighted average number of common equivalent shares outstanding (000's)	105,600	105,600	104,681

Statements_of_Stockholders_Equ

Statements of Stockholders' Equity (Deficit) (An Exploration Stage Company) (USD $)	Total	Common Stock	Additional Paid-in Capital	Accumulated (Deficit) during exploration stage	Accumulated (Deficit) prior to exploration activities
Beginning Balance at Sep. 30, 2008	'	'	'	'	'
Issuance of shares (in shares)	'	96,000,000	'	'	'
Issuance of shares	$9,000	$9,600	'	'	($600)
Net (loss)	-12	'	'	'	-12
Ending Balance at Oct. 31, 2008	8,988	9,600	'	'	-612
Ending Balance (in shares) at Oct. 31, 2008	'	96,000,000	'	'	'
Issuance of shares (in shares)	'	9,600,000	'	'	'
Issuance of shares	12,000	960	11,040	'	'
Net (loss)	-89,397	'	'	'	-89,397
Ending Balance at Oct. 31, 2009	-68,409	10,560	11,040	'	-90,009
Ending Balance (in shares) at Oct. 31, 2009	'	105,600,000	'	'	'
Net (loss)	-981,396	'	'	-981,396	'
Ending Balance at Oct. 31, 2010	-1,049,805	10,560	11,040	-981,396	-90,009
Ending Balance (in shares) at Oct. 31, 2010	'	105,600,000	'	'	'
Amortisation of 3,250,000 options under 2010 equity incentive plan	2,005,676	'	2,005,676	'	'
Net (loss)	-4,777,291	'	'	-4,777,291	'
Ending Balance at Oct. 31, 2011	-3,821,420	10,560	2,016,716	-5,758,687	-90,009
Ending Balance (in shares) at Oct. 31, 2011	'	105,600,000	'	'	'
Amortisation of 3,250,000 options under 2010 equity incentive plan	646,953	'	646,953	'	'
Net (loss)	-3,531,780	'	'	-3,531,780	'
Ending Balance at Oct. 31, 2012	-6,706,247	10,560	2,663,669	-9,290,467	-90,009
Ending Balance (in shares) at Oct. 31, 2012	'	105,600,000	'	'	'
Amortisation of 3,250,000 options under 2010 equity incentive plan	76,538	'	76,538	'	'
Net (loss)	-1,289,689	'	'	-1,289,689	'
Ending Balance at Oct. 31, 2013	($7,919,398)	$10,560	$2,740,207	($10,580,156)	($90,009)
Ending Balance (in shares) at Oct. 31, 2013	'	105,600,000	'	'	'

Statements_of_Stockholders_Equ1

Statements of Stockholders' Equity (Deficit) (An Exploration Stage Company) (Parenthetical)	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Amortisation under 2010 equity incentive plan, options	3,250,000	3,250,000	3,250,000

Statements_of_Cash_Flows_An_Ex

Statements of Cash Flows (An Exploration Stage Company) (USD $)	12 Months Ended		61 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'	'
Net (loss)	($1,289,689)	($3,531,780)	($10,669,565)
Adjustments to reconcile net (loss) to net cash (used) in operating activities:	'	'	'
Employee options issued for stock based compensation	76,538	646,953	2,729,167
Foreign Currency Exchange (Gain)	-598,482	-86,672	-400,746
Depreciation	28,418	40,044	106,032
Changes in operating assets and liabilities:	'	'	'
Prepayments	15,554	430,619	-8,744
Receivables	-4,936	-13,398	-19,696
Accounts Payable and Accrued Expenses	240,068	-19,743	402,738
Net Cash used in Operating Activities	-1,532,529	-2,533,977	-7,860,814
CASH FLOWS (USED) BY INVESTING ACTIVITIES	'	'	'
Property, plant & equipment	'	'	-106,455
Options fees prepaid	'	'	'
Net Cash (used) by Investing Activities	'	'	-106,455
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	'	'	'
Issuance of shares	'	'	21,000
Advances Payable - Affiliates	1,530,897	2,522,687	7,946,248
Net Cash Provided by Financing Activities	1,530,897	2,522,687	7,967,248
Effect of exchange rate changes on cash	-4,292	19,878	12,818
Net Increase (Decrease) in Cash	-5,924	8,588	12,797
Cash at Beginning of Period	18,721	10,133	'
Cash at End of Period	$12,797	$18,721	$12,797

ORGANIZATION_AND_BUSINESS

ORGANIZATION AND BUSINESS	12 Months Ended
	Oct. 31, 2013
ORGANIZATION AND BUSINESS	'
	(1)         ORGANIZATION AND BUSINESS
	Aurum, Inc. ("Aurum” or the “Company") was incorporated in the State of Florida in September 2008. The principal stockholder of Aurum is Golden Target Pty Ltd., an Australian corporation (“Golden”), which owned 96.21% of Aurum as of October 31, 2013.
	On January 20, 2010, the Company re-incorporated in the state of Delaware (the “Reincorporation”) through a merger involving Liquid Financial Engines Inc. and Aurum, Inc., a Delaware Corporation that was a wholly owned subsidiary of Liquid. The Reincorporation was effected by merging Liquid with Aurum, with Aurum being the surviving entity. For purposes of the Company’s financial reporting status, Aurum is deemed a successor to Liquid.
	In July 2009, Golden acquired a 96% interest in Aurum from certain stockholders. In connection therewith, the Company appointed a new President/Chief Executive Officer/Director and Chief Financial Officer/Secretary. The sole director and stockholder of Golden is also the President of the Company.
	Commencing August 2009, the Company decided to focus on mineral exploration for gold and copper in the Lao Peoples Democratic Republic. The Company’s planned operations have not commenced and are considered to be in the exploration stage.
	In December 2010, the Company executed a Management and Shareholders Agreement with Argonaut Overseas Investments Ltd (“AOI”), an indirectly wholly owned Subsidiary of Argonaut Resources N.L., in respect to Argonaut’s 70% held Century Concession in Laos.
	The agreement appoints Aurum as the manager of the Century Thrust Joint Venture Agreement (“Joint Venture”) and the Company has the right to earn 72.86% of AOI’s interest in the Joint Venture which is equivalent to a 51% beneficial interest in the Century Concession. In order to acquire this interest, Aurum may be required to spend US$6.5 million on exploration within the five year period, ending December 2015.
	On February 10, 2011, the Company entered into a Deed of Agreement with the shareholders of the Lao Inter Mining Options Ltd (“LIMO”) which granted Aurum an option to purchase LIMO’s 20% interest in the Joint Venture (“Option”). This Agreement, in conjunction with the Management and Shareholders Agreement with AOI would have enabled Aurum to acquire, at its option, a 71% beneficial interest in the Century Concession. On October 24, 2011, the Company executed a Deed of Variation of Call Option extending the exercise date of the Option to April 24, 2012, for a consideration of $55,000 for each month extended. (see note 14). The Company decided not to exercise the option to purchase 20% of the Joint Venture.
	The Company has funded operations since inception through advances from affiliated entities. The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplates continuation of Aurum as a going concern. However, Aurum has limited assets, limited working capital, has not yet commenced revenue producing operations and has sustained recurring losses since inception.
	The Company’s ability to continue operations through fiscal 2014 is dependent upon future funding from affiliated entities, capital raisings, or its ability to commence revenue producing operations and positive cash flows.

ACCOUNTING_POLICIES

ACCOUNTING POLICIES	12 Months Ended
	Oct. 31, 2013
ACCOUNTING POLICIES	'
	(2)           ACCOUNTING POLICIES
	The Company is an exploration stage company and the following is a summary of the significant accounting policies followed in connection with the preparation of the financial statements.
	(a)	Basis of presentation and 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 and disclosure on 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.
		The functional and reporting currency of the Company is the US dollar.
	(b)	Principles of Consolidation
		The financial statements include the assets and liabilities of the Company and the entities it controlled at the end of the financial period and the results of the Company and the entities it controlled during the year. Where entities are not controlled throughout the entire financial year, the consolidated results include the results of those entities for that part of the period during which control exists. The effect of all transactions between entities in the group and the inter-entity balances are eliminated in full in preparing the consolidated financial statements. The Company has only one controlled entity.
	(c)	Cash Equivalents
		Aurum considers all highly liquid investments with an original maturity of three months or less at the time of purchase to be cash equivalents.  For the periods presented there were no cash equivalents.
	(d)	Federal Income Tax
		The Company accounts for income taxes pursuant to ASC Topic 740, "Accounting for Income Taxes", which requires an asset and liability approach to calculating deferred income taxes.  The asset and liability approach requires the recognition of deferred tax liabilities and assets for the expected future tax consequences of temporary differences between the carrying amounts and the tax basis of assets and liabilities. For the period presented, there was no taxable income. There are no deferred income taxes resulting from temporary differences in reporting certain income and expense items for income tax and financial accounting purposes. Aurum at this time is not aware of any net operating losses which are expected to be realised.
	(e)	Australian Tax Law
		The Company is an Australian resident corporation under Australian law and accordingly is subject to Australian income tax on its non-exempt worldwide assessable income (which includes capital gains), less allowable deductions, at the rate of 30%. Foreign tax credits are allowed where tax has been paid on foreign source income, provided the tax credit does not exceed 30% of the foreign source income.
		Under the U.S. Australia tax treaty, a U.S. resident corporation such as Aurum is subject to Australian income tax on net profits attributable to the carrying on of a business in Australia through a “permanent establishment” in Australia. A “permanent establishment” is a fixed place of business through which the business of an enterprise is carried on. The treaty limits the Australian tax on interest and royalties paid by an Australian business to a U.S. resident to 10% of the gross interest or royalty income unless it relates to a permanent establishment. Although we consider that we do not have a permanent establishment in Australia, the Company may be deemed to have such an establishment due to the location of its administrative offices in Melbourne. In addition we may receive interest or dividends from time to time.
	(f)	Loss per Share
		The Company calculates loss per share in accordance with ASC Topic 260, “Earnings per Share”.
		Basic income (loss) per share is computed by dividing net profit (loss) available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted loss per share has not been presented as all the common stock equivalents are anti-dilutive (see Note 10).
	(g)	Fair value of Financial Instruments
		FASB ASC Topic 825, “Financial Instruments”, requires the Company to disclose, when reasonably attainable, the fair values of its assets and liabilities which are deemed to be financial instruments.
	(h)	Property and Equipment
		Property and equipment are recorded at cost. Depreciation is provided for using the straight-line method over the estimated useful life of the assets:
		Depreciable Life
		(in years)
	Office equipment	2-Jan
	Computer equipment	3-Jan
	Furniture	2-Jan
	(i)	Comparative Figures
		Where necessary, comparative figures have been restated to be consistent with current year presentation.
	(j)	Mineral Property Acquisition, Exploration Costs and Amortization of Mineral Rights
		Mineral property acquisition, exploration and development costs are expensed as incurred until such time as economic reserves are quantified.  To date, the Company has not established any proven or  probable  reserves on its mineral properties. When it is determined that a mining deposit can be economically and legally extracted or produced based on established proven and probable reserves, further exploration costs and development costs incurred after such determination will be capitalized. The establishment of proven and probable reserves is based on results of final feasibility studies which indicate whether a property is economically feasible. Upon commencement of commercial production, capitalized costs will be transferred to the appropriate asset category and amortized over their estimated useful lives. Capitalized costs, net of salvage values, relating to a deposit which is abandoned or considered uneconomic for the foreseeable future, will be written off.

RECENT_ACCOUNTING_PRONOUNCEMEN

RECENT ACCOUNTING PRONOUNCEMENTS	12 Months Ended
	Oct. 31, 2013
RECENT ACCOUNTING PRONOUNCEMENTS	'
	(3)         RECENT ACCOUNTING PRONOUNCEMENTS
	The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

PROPERTY_AND_EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Oct. 31, 2013
PROPERTY AND EQUIPMENT	'
	(4)         PROPERTY AND EQUIPMENT
	Property and equipment is stated at cost. The Company records depreciation and amortization, when appropriate, using the straight-line method over the estimated useful lives of the assets. Expenditures for maintenance and repairs are charged to expense as incurred. Additions, major renewals and replacements that increase the property’s useful life are capitalized. Property sold or retired, together with the related accumulated depreciation is removed from the appropriate accounts and the resultant gain or loss is included in net income (loss).
			At October 31, 2013							At October 31, 2012
		Depreciable	Cost		Accumulated			Net		Cost		Accumulated			Net
		Life	$		Depreciation			Book		$		Depreciation			Book
		(in years)			$			Value				$			Value
								$							$
	Office Equipment	2-Jan		3,830		(3,830	)		-		3,830		(3,830	)		-
	Computer Equipment	3-Jan		101,975		(101,552	)		423		101,975		(73,303	)		28,672
	Furniture	2-Jan		650		(650	)		-		650		(481	)		169
				106,455		(106,032	)		423		106,455		(77,614	)		28,841
	The depreciation expense for fiscal 2013 amounted to $28,418 and for fiscal 2012 amounted to $40,044.

AFFILIATE_TRANSACTIONS

AFFILIATE TRANSACTIONS	12 Months Ended
	Oct. 31, 2013
AFFILIATE TRANSACTIONS	'
	(5)         AFFILIATE TRANSACTIONS
	In August 2009, the Company entered into an agreement with AXIS Consultants Pty Ltd (“AXIS”) to provide geological, management and administration services to the Company, (the “Service Agreement”). AXIS has some common management and is incorporated in Australia. One of the Company’s directors (Mr. Joseph Gutnick) is also a director of AXIS and Mr. Peter Lee is Chief Financial Officer and Company Secretary of AXIS and owe fiduciary duties to both parties. AXIS’s principal business is to provide geological, management and administration services to companies. We are one of nine companies that AXIS provides services to, namely, Legend International Holdings, Inc., Quantum Resources Limited, Merlin Diamonds Limited, Top End Minerals Limited, Northern Capital Resources Corp, Golden River Resources Corporation, Great Central Resources Corp, Aurum Inc., and Consolidated Gems Inc.
	Each of the companies has some common Directors, officers and shareholders. In addition, each of the companies is substantially dependent upon AXIS for its senior management and certain mining and exploration staff.  A number of arrangements and transactions have been entered into from time to time between such companies.  It has been the intention of the companies and respective Boards of Directors that each of such arrangements or transactions should accommodate the respective interest of the relevant companies in a manner which is fair to all parties and equitable to the shareholders of each. Currently, there are no material arrangements or planned transactions between the Company and any of the other companies other than AXIS.
	AXIS is paid by each company for the costs incurred by it in carrying out the administration function for each such company. Pursuant to the Service Agreement, AXIS performs such functions as payroll, maintaining employee records required by law and by usual accounting procedures, providing insurance, human resources, company secretarial, land management, certain exploration and mining support including provision of exploration managers and geologists, financial, accounting advice and services.  AXIS also provides for the Company various services, including but not limited to the making available of office supplies, office facilities and any other services as may be required from time to time by the Company as and when requested by the Company.
	We are required to reimburse AXIS for any direct costs incurred by AXIS for the Company. In addition, we are required to pay a proportion of AXIS’s overhead cost based on AXIS’s management estimate of our utilisation of the facilities and activities of AXIS plus a service fee of not more than 15% of the direct and overhead costs. Amounts invoiced by AXIS are required to be paid by us. We are also not permitted to obtain from sources other than AXIS, and we are not permitted to perform or provide ourselves, the services contemplated by the Service Agreement, unless we first request AXIS to provide the service and AXIS fails to provide the service within one month.
	The Service Agreement may be terminated by AXIS or ourselves upon 60 days prior notice. If the Service Agreement is terminated by AXIS, we would be required to independently provide, or to seek an alternative source of providing, the services currently provided by AXIS.  There can be no assurance that we could independently provide or find a third party to provide these services on a cost-effective basis or that any transition from receiving services under the Service Agreement will not have a material adverse effect on us.  Our inability to provide such services or to find a third party to provide such services may have a material adverse effect on our operations.
	In accordance with the Service Agreement, AXIS provides the Company with the services of our Chief Executive Officer, Chief Financial Officer and clerical employees, as well as office facilities, equipment, administrative and clerical services. We pay AXIS for the actual costs of such facilities plus a maximum service fee of 15%.  AXIS billed Aurum, Inc as per the services agreement for 2013 of $225,336 (2012: $268,329).
	During the year ended October 31, 2013, AXIS provided services in accordance with the services agreement and incurred direct costs on behalf of the Company of $225,336 (2012: $268,329), and advanced the Company $714,138 (2012: $2,029,099).  At October 31, 2013, the Company owed AXIS $7,325,820 (2012: $6,456,697). During the year ended October 31, 2013 the Manager of the Laos operations advanced the Company $59,000 (2012: $173,500). At October 31, 2013, the Company owed the Manager $232,500 (2012: $173,500). The Company intends to repay these amounts with funds raised either via additional debt or equity offerings. AXIS and the Manager have advised it does not currently intend to require repayment of these advances prior to October 31, 2014, accordingly, the Company has decided to classify the amounts payable as non-current in the accompanying balance sheets

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Oct. 31, 2013
INCOME TAXES	'
	(6)         INCOME TAXES
	The Company recognises deferred tax assets or liabilities for the expected future consequences attributable to differences between the financial statement carrying amount of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using the enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled.
	The Company is subject to taxation in the USA.
	At October 31, 2013 and 2012, deferred taxes consisted of the following:
		USA			Total
		2013			2013
		$			$
	Deferred tax assets
	Net operating loss carry-forward		1,938,947			1,938,947
	Exploration expenditure		-			-
	Less valuation allowance		(1,938,947	)		(1,938,947	)
	Net deferred taxes		-			-
		USA			Total
		2012			2012
		$			$s
	Deferred tax assets
	Net operating loss carry-forward		1,405,146			1,405,146
	Exploration expenditure		-			-
	Less valuation allowance		(1,405,146	)		(1,405,146	)
	Net deferred taxes		-			-
	Under ASC 740, tax benefits are recognised only for tax positions that are more likely than not to be sustained upon examination by tax authorities, based on the technical merits of the position. The valuation allowance offsets the net deferred tax asset for which there is no assurance of recovery. The valuation allowance will be evaluated at the end of each year, considering positive and negative evidence about whether the deferred tax asset will be realized.
	At that time, the allowance will either be increased or reduced; reduction could result in the complete elimination of the allowance if positive evidence indicates that the value of the deferred tax assets is no longer impaired and the allowance is no longer required.
	The Company’s tax returns for all years since fiscal 2010 remain open to examination by the respective tax authorities.  There are currently no tax examinations in progress.

FAIR_VALUE_OF_FINANCIAL_INSTRU

FAIR VALUE OF FINANCIAL INSTRUMENTS	12 Months Ended
	Oct. 31, 2013
FAIR VALUE OF FINANCIAL INSTRUMENTS	'
	(7)           FAIR VALUE OF FINANCIAL INSTRUMENTS
	The Company’s financial instruments consist of cash, accounts receivables, accounts payable and accrued expenses, and advances from affiliate. The carrying amounts of cash and accounts receivables approximate their respective fair values because of the short maturities of those instruments. Financial liabilities for which carrying values approximate fair value include accounts payable and accrued expenses. The fair value of advances from affiliate is not readily determinable as no similar market exists for these instruments and it doesn’t have a specified date of repayment.

EXPLORATION_STAGE_COMPANY

EXPLORATION STAGE COMPANY	12 Months Ended
	Oct. 31, 2013
EXPLORATION STAGE COMPANY	'
	(8)           EXPLORATION STAGE COMPANY
	The Company is considered an exploration stage company and accordingly reports operations, stockholders deficit and cash flows since inception through the date that revenues are generated from management’s intended operations. Since inception, the Company has incurred an operating loss of approximately $10,600,000. The Company’s working capital has been primarily generated from advances from an affiliated entity as well as through the sales of common stock.

CASH

CASH	12 Months Ended
	Oct. 31, 2013
CASH	'
	(9)           CASH
	The Company maintains cash deposits with financial institutions in Australia and in Laos. Cash deposits maintained in Australian dollars are translated into US dollars at the period end exchange rate with the related adjustment recognised in operations.

NET_LOSS_PER_SHARE

NET LOSS PER SHARE	12 Months Ended
	Oct. 31, 2013
NET LOSS PER SHARE	'
	(10)         NET LOSS PER SHARE
	Basic income (loss) per share is computed by dividing net profit (loss) available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share is similarly calculated using the treasury stock method except that the denominator is increased to reflect the potential dilution that would occur if dilutive securities at the end of the applicable period were exercised. Options to acquire 3,250,000 shares of common stock were not included in the diluted weighted average shares outstanding as such effects would be anti-dilutive.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Oct. 31, 2013
STOCKHOLDERS' EQUITY	'
	(11)         STOCKHOLDERS’ EQUITY
	In September 2008, 96,000,000 shares of common stock were issued to the Company’s founder raising $9,000.
	In March 2009, the Company raised $12,000 in a registered public offering of 9,600,000 shares of common stock share pursuant to a prospectus dated January 30, 2009.
	On September 29, 2009 the Company’s Board of Directors declared an 8-for-1 stock split in the form of a stock dividend that was payable in October 2009 to stockholders of record as of October 23, 2009.
	The Company has accounted for this bonus issue as a stock split and accordingly, all share and per share data has been retroactively restated.

ISSUE_OF_OPTIONS_UNDER_EQUITY_

ISSUE OF OPTIONS UNDER EQUITY INCENTIVE PLAN	12 Months Ended
	Oct. 31, 2013
ISSUE OF OPTIONS UNDER EQUITY INCENTIVE PLAN	'
	(12)         ISSUE OF OPTIONS UNDER EQUITY INCENTIVE PLAN
	(i)	Effective December 13, 2010, the Company issued 2,500,000 options over shares of Common Stock to employees under the 2010 Equity Incentive Plan that has been adopted by the Directors of the Company. The options vested 1/3 on December 13, 2010, 1/3 vested on November 17, 2011 and the balance vested on November 17, 2012. The exercise price of the options is US$1.00 and the latest exercise date for the options is November 17, 2020.
	The Company has accounted for all options issued based upon their fair market value using the Binomial pricing model.
	An external consultant has calculated the fair value of the 2,500,000 options using the Binomial valuation method using the following inputs:
	Grant date	13-Dec-10	13-Dec-10	13-Dec-10
	Grant date share price	US$1.10	US$1.10	US$1.10
	Vesting date	13-Dec-10	17-Nov-11	17-Nov-12
	Expected life in years	4.5	5	5.5
	Risk-free rate	1.91%	1.91%	1.91%
	Volatility	95%	95%	95%
	Exercise price	US$1.00	US$1.00	US$1.00
	Call option value	US$0.78	US$0.81	US$0.83
			Options		Option Price		Weighted
					Per Share		Average
					US$		Exercise Price
							US$
	Outstanding at October 31, 2011			2,500,000		1		1
	Granted			-		-		-
	Forfeited			-		-		-
	Outstanding at October 31, 2012			2,500,000		1		1
	Granted			-		-		-
	Forfeited			-		-		-
	Outstanding at October 31, 2013			2,500,000		1		1
	The exercise price is US$1.00 per option. The weighted average per option fair value of options granted during fiscal 2011 was US$0.81 and the weighted average remaining contractual life of those options is 8 years. There are 2,500,000 options currently exercisable.
	For fiscal 2013, the amortization amounted to $40,686.
	(ii)	In May 2011, the Company issued 750,000 options over shares of Common Stock to employees under the 2010 Equity Incentive Plan that has been adopted by the Directors of the Company. The options vested 1/3 upon grant date, 1/3 vested on February 1, 2012 and the balance vested on February 1, 2013. The exercise price of the options is US$1.00 and the latest exercise date for the options is February 1, 2018.
	The Company has accounted for all options issued based upon their fair market value using the Binomial pricing model.
	An external consultant has calculated the fair value of the 750,000 options using the Binomial valuation method using the following inputs:
	Grant date	1-May-11	1-May-11	1-May-11
	Grant date share price	US$1.30	US$1.30	US$1.30
	Vesting date	1-May-11	1-Feb-12	1-Feb-13
	Expected life in years	3.5	4	4.5
	Risk-free rate	1.04%	2.02%	2.02%
	Volatility	100%	100%	100%
	Exercise price	US$1.00	US$1.00	US$1.00
	Call option value	US$0.91	US$0.95	US$0.99
			Options		Option Price		Weighted
					Per Share		Average
					US$		Exercise Price
							US$
	Outstanding at October 31, 2011			750,000		1		1
	Granted			-		-		-
	Forfeited			-		-		-
	Outstanding at October 31, 2012			750,000		1		1
	Granted			-		-		-
	Forfeited			-		-		-
	Outstanding at October 31, 2013			750,000		1		1
	The exercise price is US$1.00 per option. The weighted average per option fair value of options granted during fiscal 2011 was US$0.95 and the weighted average remaining contractual life of those options is 5-1/4 years. There are 750,000 options currently exercisable.
	For fiscal 2013, the amortization amounted to $35,852.

COMMITMENTS

COMMITMENTS	12 Months Ended
	Oct. 31, 2013
COMMITMENTS	'
	(13)         COMMITMENTS
	Pursuant to the Century Thrust Joint Venture Agreement (Joint Venture), the Company may be required to fund up to $6.5 million in exploration expenditure, of which $4.37 million has already been funded, in order to acquire a 51% beneficial interest in the Joint Venture. Should Aurum wish to execute its rights under the agreement, it may be required to expend up to a further $2.13 million on the Century Thrust Concession by December 2015, (see note 1). All such exploration costs are being expensed as incurred.

OPTION_AGREEMENT

OPTION AGREEMENT	12 Months Ended
	Oct. 31, 2013
OPTION AGREEMENT	'
	(14)         OPTION AGREEMENT
	Pursuant to the LIMO Deed, as amended, the Company has paid Option Fees of $405,000, along with associated costs of $20,000.
	The Company had 60 days from the date of the last option payment to exercise the option to purchase 20% of the Joint Venture for $1.35 million, inclusive of the option fees of $405,000. On October 24, 2011, the Company executed a Deed of Variation of Call Option extending the exercise date of Option to April 24, 2012, for a consideration of $55,000 for each month extended.  The Company did not exercise the option to purchase 20% of the Joint Venture on April 24, 2012 and accordingly $425,000 prepaid option fees have been expensed (see note 1).

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Oct. 31, 2013
SUBSEQUENT EVENTS	'
	(15)         SUBSEQUENT EVENTS
	The Company has evaluated the existence of significant events subsequent to the balance sheet date through the date the financial statements were issued and has determined that there were no subsequent events or transactions which would require recognition or disclosure in the financial statements, other than noted herein.

ACCOUNTING_POLICIES_Policies

ACCOUNTING POLICIES (Policies)	12 Months Ended
	Oct. 31, 2013
Basis of presentation and use of estimates	'
	(a)	Basis of presentation and 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 and disclosure on 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.
		The functional and reporting currency of the Company is the US dollar.
Principles of Consolidation	'
	(b)	Principles of Consolidation
		The financial statements include the assets and liabilities of the Company and the entities it controlled at the end of the financial period and the results of the Company and the entities it controlled during the year. Where entities are not controlled throughout the entire financial year, the consolidated results include the results of those entities for that part of the period during which control exists. The effect of all transactions between entities in the group and the inter-entity balances are eliminated in full in preparing the consolidated financial statements. The Company has only one controlled entity.
Cash Equivalents	'
	(c)	Cash Equivalents
		Aurum considers all highly liquid investments with an original maturity of three months or less at the time of purchase to be cash equivalents. For the periods presented there were no cash equivalents.
Federal Income Tax	'
	(d)	Federal Income Tax
		The Company accounts for income taxes pursuant to ASC Topic 740, "Accounting for Income Taxes", which requires an asset and liability approach to calculating deferred income taxes. The asset and liability approach requires the recognition of deferred tax liabilities and assets for the expected future tax consequences of temporary differences between the carrying amounts and the tax basis of assets and liabilities. For the period presented, there was no taxable income. There are no deferred income taxes resulting from temporary differences in reporting certain income and expense items for income tax and financial accounting purposes. Aurum at this time is not aware of any net operating losses which are expected to be realised.
Australian Tax Law	'
	(e)	Australian Tax Law
		The Company is an Australian resident corporation under Australian law and accordingly is subject to Australian income tax on its non-exempt worldwide assessable income (which includes capital gains), less allowable deductions, at the rate of 30%. Foreign tax credits are allowed where tax has been paid on foreign source income, provided the tax credit does not exceed 30% of the foreign source income.
		Under the U.S. Australia tax treaty, a U.S. resident corporation such as Aurum is subject to Australian income tax on net profits attributable to the carrying on of a business in Australia through a “permanent establishment” in Australia. A “permanent establishment” is a fixed place of business through which the business of an enterprise is carried on. The treaty limits the Australian tax on interest and royalties paid by an Australian business to a U.S. resident to 10% of the gross interest or royalty income unless it relates to a permanent establishment. Although we consider that we do not have a permanent establishment in Australia, the Company may be deemed to have such an establishment due to the location of its administrative offices in Melbourne. In addition we may receive interest or dividends from time to time.
Loss per share	'
	(f)	Loss per Share
		The Company calculates loss per share in accordance with ASC Topic 260, “Earnings per Share”.
		Basic income (loss) per share is computed by dividing net profit (loss) available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted loss per share has not been presented as all the common stock equivalents are anti-dilutive (see Note 10).
Fair value of Financial Instruments	'
	(g)	Fair value of Financial Instruments
		FASB ASC Topic 825, “Financial Instruments”, requires the Company to disclose, when reasonably attainable, the fair values of its assets and liabilities which are deemed to be financial instruments.
Property and Equipment	'
	(h)	Property and Equipment
		Property and equipment are recorded at cost. Depreciation is provided for using the straight-line method over the estimated useful life of the assets:
		Depreciable Life
		(in years)
	Office equipment	2-Jan
	Computer equipment	3-Jan
	Furniture	2-Jan
Comparative Figures	'
	(i)	Comparative Figures
		Where necessary, comparative figures have been restated to be consistent with current year presentation.
Mineral Property Acquisition, Exploration Costs and Amortization of Mineral Rights	'
	(j)	Mineral Property Acquisition, Exploration Costs and Amortization of Mineral Rights
		Mineral property acquisition, exploration and development costs are expensed as incurred until such time as economic reserves are quantified. To date, the Company has not established any proven or probable reserves on its mineral properties. When it is determined that a mining deposit can be economically and legally extracted or produced based on established proven and probable reserves, further exploration costs and development costs incurred after such determination will be capitalized. The establishment of proven and probable reserves is based on results of final feasibility studies which indicate whether a property is economically feasible. Upon commencement of commercial production, capitalized costs will be transferred to the appropriate asset category and amortized over their estimated useful lives. Capitalized costs, net of salvage values, relating to a deposit which is abandoned or considered uneconomic for the foreseeable future, will be written off.

ACCOUNTING_POLICIES_Tables

ACCOUNTING POLICIES (Tables)	12 Months Ended
	Oct. 31, 2013
Schedule of useful lives for Property and Equipment	'
		Depreciable Life
		(in years)
	Office equipment	2-Jan
	Computer equipment	3-Jan
	Furniture	2-Jan

PROPERTY_AND_EQUIPMENT_Tables

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Oct. 31, 2013
Schedule of property, plant and equipment	'
			At October 31, 2013							At October 31, 2012
		Depreciable	Cost		Accumulated			Net		Cost		Accumulated			Net
		Life	$		Depreciation			Book		$		Depreciation			Book
		(in years)			$			Value				$			Value
								$							$
	Office Equipment	2-Jan		3,830		(3,830	)		-		3,830		(3,830	)		-
	Computer Equipment	3-Jan		101,975		(101,552	)		423		101,975		(73,303	)		28,672
	Furniture	2-Jan		650		(650	)		-		650		(481	)		169
				106,455		(106,032	)		423		106,455		(77,614	)		28,841

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Oct. 31, 2013
Summary of deferred taxes	'
	At October 31, 2013 and 2012, deferred taxes consisted of the following:
		USA			Total
		2013			2013
		$			$
	Deferred tax assets
	Net operating loss carry-forward		1,938,947			1,938,947
	Exploration expenditure		-			-
	Less valuation allowance		(1,938,947	)		(1,938,947	)
	Net deferred taxes		-			-
		USA			Total
		2012			2012
		$			$s
	Deferred tax assets
	Net operating loss carry-forward		1,405,146			1,405,146
	Exploration expenditure		-			-
	Less valuation allowance		(1,405,146	)		(1,405,146	)
	Net deferred taxes		-			-

ISSUE_OF_OPTIONS_UNDER_EQUITY_1

ISSUE OF OPTIONS UNDER EQUITY INCENTIVE PLAN (Tables)	12 Months Ended
	Oct. 31, 2013
Options Granted December 13, 2010 [Member]	'
Schedule of fair value assumptions used for stock options	'
	An external consultant has calculated the fair value of the 2,500,000 options using the Binomial valuation method using the following inputs:
	Grant date	13-Dec-10	13-Dec-10	13-Dec-10
	Grant date share price	US$1.10	US$1.10	US$1.10
	Vesting date	13-Dec-10	17-Nov-11	17-Nov-12
	Expected life in years	4.5	5	5.5
	Risk-free rate	1.91%	1.91%	1.91%
	Volatility	95%	95%	95%
	Exercise price	US$1.00	US$1.00	US$1.00
	Call option value	US$0.78	US$0.81	US$0.83
Schedule of stock option activity	'
			Options		Option Price		Weighted
					Per Share		Average
					US$		Exercise Price
							US$
	Outstanding at October 31, 2011			2,500,000		1		1
	Granted			-		-		-
	Forfeited			-		-		-
	Outstanding at October 31, 2012			2,500,000		1		1
	Granted			-		-		-
	Forfeited			-		-		-
	Outstanding at October 31, 2013			2,500,000		1		1
Options Granted May 2011 [Member]	'
Schedule of fair value assumptions used for stock options	'
	An external consultant has calculated the fair value of the 750,000 options using the Binomial valuation method using the following inputs:
	Grant date	1-May-11	1-May-11	1-May-11
	Grant date share price	US$1.30	US$1.30	US$1.30
	Vesting date	1-May-11	1-Feb-12	1-Feb-13
	Expected life in years	3.5	4	4.5
	Risk-free rate	1.04%	2.02%	2.02%
	Volatility	100%	100%	100%
	Exercise price	US$1.00	US$1.00	US$1.00
	Call option value	US$0.91	US$0.95	US$0.99
Schedule of stock option activity	'
			Options		Option Price		Weighted
					Per Share		Average
					US$		Exercise Price
							US$
	Outstanding at October 31, 2011			750,000		1		1
	Granted			-		-		-
	Forfeited			-		-		-
	Outstanding at October 31, 2012			750,000		1		1
	Granted			-		-		-
	Forfeited			-		-		-
	Outstanding at October 31, 2013			750,000		1		1

Organization_and_business_Deta

Organization and business (Detail) (USD $)	6 Months Ended	12 Months Ended
	Apr. 24, 2012	Oct. 31, 2013	Dec. 31, 2010	Oct. 31, 2013	Jul. 31, 2009
	Century Concession in Laos [Member]	Century Concession in Laos [Member]	Century Concession in Laos [Member]	Golden Target Pty Ltd, Principal Stockholder [Member]	Golden Target Pty Ltd, Principal Stockholder [Member]
	Century Thrust Joint Venture Agreement [Member]	Century Thrust Joint Venture Agreement [Member]	Century Thrust Joint Venture Agreement [Member]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'	'
Percentage of entity owned	'	'	'	96.21%	'
Percentage of the entity acquired from certain stockholders	'	'	'	'	96.00%
Aggregate percentage owned by unrelated entity	'	'	70.00%	'	'
Potential percentage of investee earnings attributable to Aurum if specified funding is provided by Aurum	'	72.86%	'	'	'
Potential ownership percentage if funding is provided by Aurum	'	51.00%	'	'	'
Exploration expense funding commitment, maximum amount	'	$6,500,000	'	'	'
Specified period to meet funding requirements	'	'5 years	'	'	'
Expiration date of specified period to meet funding requirements	'	'2015-12	'	'	'
Mining project option agreement date	'	10-Feb-11	'	'	'
Additional ownership interest if Aurum had exercised an option to acquire shares held by an unrelated investor before the option expired	20.00%	'	'	'	'
Potential aggregate ownership interest if Aurum both provides specified funding amounts and exercises an option to acquire shares held by an unrelated investor	'	71.00%	'	'	'
Monthly required payment to preserve option rights	$55,000	'	'	'	'

Accounting_Policies_Detail

Accounting Policies (Detail) (Australia Tax Law [Member])	12 Months Ended
	Oct. 31, 2013
Australia Tax Law [Member]	'
Significant Accounting Policies [Line Items]	'
Statutory income tax rate	30.00%
Limitation on foreign tax credits as a percentage of foreign source income	30.00%
Treaty limitation on tax rate applied to interest and royalties earned in the jurisdiction by a United States resident	10.00%

Property_and_equipment_Detail

Property and equipment (Detail) (USD $)

Oct. 31, 2013

Oct. 31, 2012

Oct. 31, 2013

Oct. 31, 2012

Oct. 31, 2013

Oct. 31, 2012

Oct. 31, 2013

Oct. 31, 2012

Oct. 31, 2013

Oct. 31, 2013

Oct. 31, 2013

Oct. 31, 2013

Oct. 31, 2013

Oct. 31, 2013

Office Equipment [Member]

Office Equipment [Member]

Computer Equipment [Member]

Computer Equipment [Member]

Furniture and Fixtures [Member]

Furniture and Fixtures [Member]

Minimum [Member]

Minimum [Member]

Minimum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Office Equipment [Member]

Computer Equipment [Member]

Furniture and Fixtures [Member]

Office Equipment [Member]

Computer Equipment [Member]

Furniture and Fixtures [Member]

Property, Plant and Equipment [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Depreciable Life (in years)

'

'

'

'

'

'

'

'

'1 year

'1 year

'1 year

'2 years

'3 years

'2 years

Cost

$106,455

$106,455

$3,830

$3,830

$101,975

$101,975

$650

$650

'

'

'

'

'

'

Accumulated Depreciation

-106,032

-77,614

-3,830

-3,830

-101,552

-73,303

-650

-481

'

'

'

'

'

'

Net Book Value

$423

$28,841

'

'

$423

$28,672

'

$169

'

'

'

'

'

'

Property_and_equipment_Narrati

Property and equipment - Narrative (Detail) (USD $)	12 Months Ended		61 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013
Property, Plant and Equipment [Line Items]	'	'	'
Depreciation	$28,418	$40,044	$106,032

Affiliate_transactions_Detail

Affiliate transactions (Detail) (USD $)	12 Months Ended		61 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013
Related Party Transaction [Line Items]	'	'	'
Borrowings from affiliates	$1,530,897	$2,522,687	$7,946,248
Payable to affiliates	7,558,320	6,630,197	7,558,320
AXIS Consultants Pty Ltd [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Maximum fee rate applied to our direct costs paid by and indirect overhead costs allocated from affiliate	15.00%	'	'
Notice period required to terminate agreement	'60 days	'	'
Direct costs of the entity that were paid by the management firm	225,336	268,329	'
Borrowings from affiliates	714,138	2,029,099	'
Payable to affiliates	7,325,820	6,456,697	7,325,820
Manager of Laos Operations [Member]	'	'	'
Related Party Transaction [Line Items]	'	'	'
Borrowings from affiliates	59,000	173,500	'
Payable to affiliates	$232,500	$173,500	$232,500

Summary_of_Deferred_Taxes_Deta

Summary of Deferred Taxes (Detail) (USD $)	Oct. 31, 2013	Oct. 31, 2012
Deferred tax assets	'	'
Net operating loss carry-forward	$1,938,947	$1,405,146
Exploration expenditure	'	'
Less valuation allowance	-1,938,947	-1,405,146
Net deferred taxes	'	'
UNITED STATES	'	'
Deferred tax assets	'	'
Net operating loss carry-forward	1,938,947	1,405,146
Exploration expenditure	'	'
Less valuation allowance	-1,938,947	-1,405,146
Net deferred taxes	'	'

Exploration_Stage_Company_Deta

Exploration Stage Company (Detail) (USD $)	1 Months Ended	12 Months Ended					61 Months Ended
	Oct. 31, 2008	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011	Oct. 31, 2010	Oct. 31, 2009	Oct. 31, 2013
Operating loss since inception	($12)	($1,289,689)	($3,531,780)	($4,777,291)	($981,396)	($89,397)	($10,669,565)

Net_loss_per_share_Detail

Net loss per share (Detail) (Employee Stock Option [Member])	12 Months Ended
	Oct. 31, 2013
Employee Stock Option [Member]	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'
Anti-dilutive stock options excluded from diluted weighted average shares outstanding	3,250,000

Stockholders_equity_Detail

Stockholders equity (Detail) (USD $)	61 Months Ended	1 Months Ended		12 Months Ended		1 Months Ended
	Oct. 31, 2013	Oct. 31, 2009	Oct. 31, 2008	Oct. 31, 2013	Oct. 31, 2009	Mar. 31, 2009	Sep. 30, 2008
		Common Stock	Common Stock	Common Stock	Common Stock	Common Stock	Common Stock
						Public Offering [Member]	Founder [Member]
							Private Placement [Member]
Stockholders Equity Note [Line Items]	'	'	'	'	'	'	'
Shares issued	'	'	96,000,000	'	9,600,000	9,600,000	96,000,000
Proceeds from issuance of shares	$21,000	'	'	'	'	$12,000	$9,000
Stock split, number of shares issued for each share held	'	8	'	'	'	'	'
Stock split, distribution date	'	'	'	'October 2009	'	'	'

Recovered_Sheet1

Issue of options under equity incentive plan - Narrative (Detail) (USD $)	12 Months Ended		61 Months Ended	0 Months Ended	12 Months Ended	1 Months Ended	12 Months Ended
	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2013	Dec. 13, 2010	Oct. 31, 2013	31-May-11	Oct. 31, 2013
				Options Granted December 13, 2010 [Member]	Options Granted December 13, 2010 [Member]	Options Granted May 2011 [Member]	Options Granted May 2011 [Member]
				2010 Equity Incentive Plan [Member]	2010 Equity Incentive Plan [Member]	2010 Equity Incentive Plan [Member]	2010 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Options granted	'	'	'	2,500,000	'	750,000	'
Employee stock option vesting rights	'	'	'	'	'1/3 on December 13, 2010, 1/3 vested on November 17, 2011 and the balance vested on November 17, 2012.	'	'The options vested 1/3 upon grant date, 1/3 vested on February 1, 2012 and the balance vested on February 1, 2013
Stock options expiration date	'	'	'	'	17-Nov-20	'	1-Feb-18
Weighted average grant date fair value per option granted	'	'	'	'	$0.81	'	$0.95
Weighted average remaining contractual life	'	'	'	'	'8 years	'	'5 years 3 months
Options exercisable	'	'	'	'	2,500,000	'	750,000
Stock based compensation	$76,538	$646,953	$2,729,167	'	$40,686	'	$35,852

Recovered_Sheet2

Issue of options under equity incentive plan - Fair value inputs (Detail) (2010 Equity Incentive Plan [Member], USD $)	12 Months Ended
	Oct. 31, 2013	1-May-11
Options Vested on December 13, 2010 [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Grant date	13-Dec-10	'
Grant date share price	$1.10	'
Expected life in years	'4 years 6 months	'
Risk-free rate	1.91%	'
Volatility	95.00%	'
Exercise price	$1	'
Call option value	$0.78	'
Options Vested on November 17, 2011 [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Grant date	13-Dec-10	'
Grant date share price	$1.10	'
Expected life in years	'5 years	'
Risk-free rate	1.91%	'
Volatility	95.00%	'
Exercise price	$1	'
Call option value	$0.81	'
Options Vesting on November 17, 2012 [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Grant date	13-Dec-10	'
Grant date share price	$1.10	'
Expected life in years	'5 years 6 months	'
Risk-free rate	1.91%	'
Volatility	95.00%	'
Exercise price	$1	'
Call option value	$0.83	'
Options Vested on May 1, 2011 [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Grant date	1-May-11	'
Grant date share price	'	$1.30
Expected life in years	'3 years 6 months	'
Risk-free rate	1.04%	'
Volatility	100.00%	'
Exercise price	$1	'
Call option value	$0.91	'
Options Vested on February 1, 2012 [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Grant date	1-May-11	'
Grant date share price	'	$1.30
Expected life in years	'4 years	'
Risk-free rate	2.02%	'
Volatility	100.00%	'
Exercise price	$1	'
Call option value	$0.95	'
Options Vesting on February 1, 2013 [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Grant date	1-May-11	'
Grant date share price	'	$1.30
Expected life in years	'4 years 6 months	'
Risk-free rate	2.02%	'
Volatility	100.00%	'
Exercise price	$1	'
Call option value	$0.99	'

Issue_of_options_under_equity_2

Issue of options under equity incentive plan - Schedule of stock option activity (Detail) (2010 Equity Incentive Plan [Member], USD $)	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2011
Options Granted December 13, 2010 [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Number of options, outstanding at beginning of period	2,500,000	2,500,000	2,500,000
Number of options, outstanding at end of period	2,500,000	2,500,000	2,500,000
Weighted average exercise price, outstanding beginning of period	$1	$1	$1
Weighted average exercise price, outstanding end of period	$1	$1	$1
Options Granted May 2011 [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Number of options, outstanding at beginning of period	750,000	750,000	750,000
Number of options, outstanding at end of period	750,000	750,000	750,000
Weighted average exercise price, outstanding beginning of period	$1	$1	$1
Weighted average exercise price, outstanding end of period	$1	$1	$1

Commitments_Detail

Commitments (Detail) (Century Thrust Joint Venture Agreement [Member], USD $)	Oct. 31, 2013
In Millions, unless otherwise specified
Commitments Disclosure [Line Items]	'
Funding commitment, funded and expensed as incurred	$4.37
Century Concession in Laos [Member]	'
Commitments Disclosure [Line Items]	'
Funding commitment, unfunded amount	$2.13

Option_agreement_Detail

Option agreement (Detail) (Century Thrust Joint Venture Agreement [Member], Century Concession in Laos [Member], USD $)	6 Months Ended	12 Months Ended
	Apr. 24, 2012	Oct. 31, 2013
Century Thrust Joint Venture Agreement [Member] | Century Concession in Laos [Member]	'	'
Mineral Rights [Line Items]	'	'
Mining project, option fees paid, capitalized	'	$405,000
Costs associated with mining project, capitalized	'	20,000
Mining project, exercise price of option	'	1,350,000
Mining project, write-down of previously capitalized costs	$425,000	'