Sonora Resources 10-Q 11 Apr 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Feb. 28, 2014	Apr. 11, 2014
Document And Entity Information	'	'
Entity Registrant Name	'Sonora Resources Corp.	'
Entity Central Index Key	'0001473591	'
Document Type	'10-Q	'
Document Period End Date	28-Feb-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--11-30	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	92,855,861
Document Fiscal Period Focus	'Q1	'
Document Fiscal Year Focus	'2014	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Feb. 28, 2014	Nov. 30, 2013
CURRENT ASSETS:	'	'
Cash and cash equivalents	$73,458	$19,263
Consumption and deferred tax receivable	83,265	84,702
Prepaid expense	4,112	13,766
Total current assets	160,835	117,731
EQUIPMENT, NET	0	0
OTHER ASSETS	'	'
Mining interest- Los Amoles	638,000	638,000
Mining interest- Jalisco (First Majestic Silver Corp.)	3,400,000	3,400,000
TOTAL ASSETS	4,198,835	4,155,731
CURRENT LIABILITIES:	'	'
Accounts payable and accrued liabilities	117,601	84,310
Accrued contract termination costs	618,182	0
Demand promissory note	300,000	200,000
Total current liabilities	1,035,783	284,310
COMMITMENTS AND CONTINGENCIES	'	'
STOCKHOLDERS' EQUITY	'	'
Common stock - $0.001 par value, 500,000,000 shares authorized, 92,855,861 and 92,855,861 shares issued and outstanding at 2/28/14 and 11/30/13, respectively	47,306	47,306
Additional paid in capital	6,869,058	6,858,724
(Deficit) accumulated during the exploration stage	-3,740,260	-3,027,424
Unrealized gain (loss)	-13,052	-7,185
Total stockholders' equity	3,163,052	3,871,421
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$4,198,835	$4,155,731

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Feb. 28, 2014	Nov. 30, 2013
Statement of Financial Position [Abstract]	'	'
Common Stock, Par Value Per Share	$0.00	$0.00
Common Stock, Shares Authorized	500,000,000	500,000,000
Common Stock, Shares, Issued	92,855,861	92,855,861
Common Stock, Shares, Outstanding	92,855,861	92,855,861

Consolidated_Statements_of_Ope

Consolidated Statements of Operations and Comprehensive Income/Loss (USD $)	3 Months Ended		63 Months Ended
	Feb. 28, 2014	Feb. 28, 2013	Feb. 28, 2014
Statement of Cash Flows [Abstract]	'	'	'
REVENUE	$0	$0	$11,254
COST OF SALES	0	0	8,186
GROSS PROFIT	0	0	3,068
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	94,654	96,577	1,405,240
EXPLORATION EXPENSE	0	4,796	722,411
ACCRUED CONTRACT TERMINATION COSTS	618,182	0	618,182
IMPAIRMENT OF MINING INTEREST- AYONES  AND CORAZON	0	0	444,634
(LOSS) BEFORE OTHER EXPENSE	-712,836	-101,373	-3,187,399
OTHER INCOME (EXPENSE):	'	'	'
Interest expense	0	-55	-554,130
Foreign exchange gain (loss)	0	0	1,269
Total other expense	0	-55	-552,861
NET LOSS BEFORE INCOME TAX	-712,836	-101,428	-3,740,260
INCOME TAX	0	0	0
NET LOSS	-712,836	-101,428	-3,740,260
GAIN ON CURRENCY TRANSLATION	0	0	33,499
COMPREHENSIVE LOSS	($712,836)	($101,428)	($3,706,761)
Basic and diluted loss per common share attributable to Sonora Resources Corp. common shareholders-	'	'	'
Basic and diluted loss per share	($0.01)	$0	'
Weighted average shares of common stock outstanding- basic and diluted	92,855,861	91,793,169	'

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended		63 Months Ended
	Feb. 28, 2014	Feb. 28, 2013	Feb. 28, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'
Net (loss)	($712,836)	($101,428)	($3,740,260)
Adjustments to reconcile net loss to net cash (used in) operating activities	'	'	'
Stock based compensation expense	10,334	13,667	167,501
Accrued interest on convertible note	0	0	566,586
Issuance of common stock for services and exploration expenses	0	3,000	446,533
Accrued contract termination costs	618,182	0	618,182
Impairment of mining interest-  Ayones and Corazon	0	0	445,373
Consulting and management fees forgiven	0	0	4,500
Changes in operating assets and liabilities:	'	'	'
Accounts receivable	0	0	1,510
Consumption and deferred tax receivable	1,437	-1,215	-86,567
Prepaid expenses	9,654	970	-1,288
Accounts payable - trade and accrued expenses	33,291	20,789	81,132
CASH (USED IN) OPERATING ACTIVITIES	-39,938	-64,217	-1,496,798
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'
Mineral interest	0	-34,385	-653,701
NET CASH (USED IN) INVESTING ACTIVITIES:	0	-34,385	-653,701
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'
Issuance of common stock	0	0	1,026,500
Convertible demand promissory notes	0	0	605,000
Demand promissory notes	100,000	30,000	600,000
Loan from shareholders	0	0	9,800
NET CASH PROVIDED BY FINANCING ACTIVITIES	100,000	30,000	2,241,300
EFFECT OF FOREIGN CHANGE RATE ON CASH	-5,867	5,748	-17,343
NET INCREASE  (DECREASE) IN CASH AND CASH EQUIVALENTS	54,195	-62,854	73,458
CASH AND CASH EQUIVALENTS, beginning of period	19,263	293,395	0
CASH AND CASH EQUIVALENTS, end of period	73,458	230,541	73,458
Supplemental disclosures of cash flow information:	'	'	'
Interest paid	0	0	1,665
Taxes paid	0	0	0
Non-cash investing and financing activities:	'	'	'
Common stock issued to First Majestic Silver Corp related to Mining Option Agreement	0	0	3,400,000
Common stock issued to Yale Resources Ltd related to acquisition of Los Amoles property	0	0	372,000
Common stock issued for the conversion of demand promissory notes	$0	$0	$905,000

1_Nature_of_Operations_and_Goi

1. Nature of Operations and Going Concern	3 Months Ended
	Feb. 28, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
1. Nature of Operations and Going Concern	'
	Sonora Resources Corp. (the "Company" or "Sonora Resources") was incorporated under the laws of the State of Nevada on December 3, 2007. The Company is a mining exploration company focused on the acquisition and development of prospective silver and gold opportunities in Mexico. On July 12, 2011, the Company established a 100% owned subsidiary, Finder Plata S.A. de C.V. ("Finder Plata") for the development of its exploration business in Mexico.
	The worldwide silver market experienced a strong decline in the prices during 2013. As a result, the Company made the decision in September 2013 to focus on the Los Amoles Property in 2014 and the Jalisco Properties in 2015, each as further described below. As of February 28, 2014, the Company had cash of $73,458 and working capital deficit of $874,948, including accrued contract termination costs of $618,182 related to the Mining Option Agreement for the Ayones Property. The Company has incurred operating losses since inception, and this is likely to continue. The Company expects to cancel the Mining Option Agreement for the Ayones Property and cancelled the Mining Option Agreement for the Corazon Property. The Company recorded an impairment expense of $445,000 related to the Ayones and Corazon Properties as of November 30, 2013. Another agreement, the Joint Venture and Benefits Agreement in Liz, Mexico, expired on December 15, 2013.
	On March 15, 2013, the Company closed the Asset Purchase Agreement with Yale Resources Ltd to purchase all of the rights, title and interest in and to the Los Amoles 2 and Los Amoles 3 Fracc.1 properties, consisting of 2,166 hectares located in the State of Sonora Mexico (the “Los Amoles Property”). The Company purchased the Los Amoles Property from Yale by issuing 1,000,000 of restricted common shares and paying $200,000 in cash. The Company commenced an underground work program at the Los Amoles Property and completed a geologic report to define the potential vein structure and outcroppings and prepare for a planned drilling program in 2014.
	The Company also has a Mining Option Agreement with First Majestic Silver Corp., an existing shareholder and creditor of the Company for the Jalisco Group of Properties (the “Jalisco Properties”). The Jalisco Properties consist of mining claims totaling 5,240 hectares located in Jalisco, Mexico. As of February 21, 2014, the Company has not spent any funds on the properties. The Company is required to spend $3,000,000 by April 15, 2014 to earn 50% interest in the Jalisco Properties and an additional $2,000,000 to earn an additional 20% interest by April 15, 2016 on exploration expenses. An additional 20% interest in and to the Jalisco Properties can be earned by completing a bankable feasibility study no later than the seventh anniversary of the Agreement. The Company expects to amend the Mining Option Agreement with First Majestic and delay our required expenditures.
	The Company’s principal executive office is located at Cerro del Padre # 11 Rinconada de los Pirules, Guadalupe, Zacatecas Mexico, 98619. The Company’s US mailing address is PO Box 12616, Seattle, WA 98111 and our telephone number is 1-877-513-7873.
	The Company is currently in the exploration stage as defined in ASC 915 "Accounting and Reporting for Development Stage Enterprises" and has minimal operations.
	The Company has incurred a cumulative net loss since inception on December 3, 2007 to February 28, 2014 of $3,740,260 and has no source of operating revenue. While the Company’s management believes that the Company will be successful in its planned operating activities under our business plan and capital raising activities, there can be no assurance that it will be successful in the mining development and exploration business or the raising of sufficient capital such that it will generate adequate revenues to earn a profit or sustain its operations. These and other factors raise doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments or classifications that may result from the possible inability of the Company to continue as a going concern.
	UNAUDITED FINANCIAL STATEMENTS
	The accompanying unaudited financial statements of Sonora Resources Corp. have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The financial statements for the periods ended February 28, 2014 and 2013 are unaudited and include all adjustments necessary to a fair statement of the results of operations for the periods then ended. All such adjustments are of a normal, recurring nature. The results of the Company's operations for any interim period are not necessarily indicative of the results of the Company's operations for a full fiscal year. For further information, refer to the financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended November 30, 2013 as filed with the Securities and Exchange Commission (the "SEC") on February 21, 2014.

2_Summary_of_Significant_Accou

2. Summary of Significant Accounting Policies	3 Months Ended
	Feb. 28, 2014
Accounting Policies [Abstract]	'
2. Summary of Significant Accounting Policies	'
	Exploration Stage Enterprise
	Since the Company is in the exploration stage of operation, the Company’s financial statements are prepared in accordance with the provisions of ASC 915 Development Stage Enterprises, as it devotes substantially all of its efforts to acquiring and exploring mining interests that management believes should eventually provide sufficient net profits to sustain the Company’s existence. Until such interests are engaged in commercial production, the Company will continue to prepare its consolidated financial statements and related disclosures in accordance with this standard.
	Basis of Presentation
	The accompanying financial statements have been prepared in accordance with the accounting principles generally accepted in the United States.
	Principles of Consolidation
	These consolidated financial statements include our consolidated balance sheets, results of operations, changes in stockholders' equity and cash flows. All material intercompany balances and transactions have been eliminated in the accompanying consolidated financial statements.
	Use of Estimates
	The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the period. Actual results may differ from those estimates.
	Cash and Cash Equivalents
	The Company classifies highly liquid temporary investments with an original maturity of three months or less when purchased as cash equivalents.
	The Company maintains cash balances at various financial institutions. Balances at US banks are insured by the Federal Deposit Insurance Corporation up to $250,000. In Mexico, the Company's cash balances are currently fully insured by the Institute for the Protection of Bank Savings.
	The Company has not experienced any losses in such accounts and believes it is not exposed to any significant risk for cash on deposit. As of February 28, 2014, the Company had no deposits in excess of $250,000.
	Foreign Currency Translation
	The Company maintains its accounting records in U.S. Dollars. The Company's Finder Plata records are maintained in Mexican Pesos. At the transaction date, each asset, liability, revenue and expense involves foreign currencies is translated into U.S. dollars by the use of the exchange rate in effect at that date. At the period end, monetary assets and liabilities involving foreign currencies are remeasured by using the exchange rate in effect at that date. The resulting foreign exchange gains and losses are included in operations. The Company's currency exposure is insignificant and immaterial and we do not use derivative instruments to reduce our potential exposure to foreign currency risk.
	Mineral Properties
	Costs of acquiring mineral properties are capitalized by project area upon purchase of the associated claims. Costs to maintain the mineral rights and leases and explore are expensed as incurred.  When a property reaches the production stage, the related capitalized costs will 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 diminution in value.
	Fair Value of Financial Instruments
	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The fair value hierarchy contains three levels as follows:
	Level 1 - Unadjusted quoted prices that are available in active markets for the identical assets or liabilities at the measurement date.
	Level 2 - Other observable inputs available at the measurement date, other than quoted prices included in Level 1, either directly or indirectly, including:
	●           Quoted prices for similar assets or liabilities in active markets;
	●           Quoted prices for identical or similar assets in nonactive markets;
	●           Inputs other than quoted prices that are observable for the asset or liability; and
	●           Inputs that are derived principally from or corroborated by other observable market data.
	Level 3 - Unobservable inputs that cannot be corroborated by observable market data and reflect the use of significant management judgment. These values are generally determined using pricing models for which the assumptions utilize management’s estimates of market participant assumptions.
	Assets and Liabilities that are Measured at Fair Value on a Recurring Basis.
	The Company accounts for fair value measurements in accordance with ASC 820, Fair Value Measurements and Disclosures, which defines fair value, establishes a framework for measurement and expands disclosure about fair value measurement. The fair value hierarchy requires the use of observable market data when available. In instances in which the inputs used to measure fair value fall into different levels of the fair value hierarchy, the fair value measurement has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular item to the fair value measurement in its entirety requires judgment, including the consideration of inputs specific to the asset or liability.
	Impairment of Long-lived Assets
	Long-lived assets are reviewed for impairment in accordance with FASB ASC 360, Property, Plant, and Equipment. Under FASB ASC 360, these assets are tested for recoverability annually or whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. An impairment charge is recognized for the amount, if any, when the carrying value of the asset exceeds the fair value. The Company expects to cancel the Mining Option Agreement for the Ayones Property and has cancelled the Mining Option Agreement for the Corazon Property. The Company recorded an impairment expense of $445,000 related to the Ayones and Corazon Properties as of November 30, 2013.
	Asset Retirement Obligations
	The Company applies ASC 410, Accounting for Asset Retirement Obligations which requires that the fair value of a liability for an asset retirement obligation be recognized in the period in which it is incurred. ASC 410 requires the Company to record a liability for the present value using a credit-adjusted risk free interest rate, of the estimated site restoration costs with a corresponding increase to the carrying amount of the related long-lived assets. The liability is accreted until it has been fully incurred and the asset is amortized over the life of the related assets. Adjustments are made for changes resulting from the passage of time and changes to either the timing or amount of the original present value estimate underlying the obligation will be made. As of February 28, 2014, the Company does not have any asset retirement obligations.
	Contract Termination
	At November 30, 2013, we fully impaired our agreement related to the Ayones Property. We have assessed the possible liability for the termination of the agreement in accordance with ASC 420, “Exit or Disposal Cost Obligations”, and ASC 450, “Loss Contingencies”, and accordingly, we accrued an estimated termination liability as of February 28, 2014 of $618,000. This estimate is subject to change and any increases or decreases will be reflected in the results of our operations in future periods.
	Comprehensive Loss
	The Company applies ASC 220, Comprehensive Income. ASC 220 establishes standards for the reporting and display of comprehensive income or loss, requiring its components to be reported in a financial statement. For the three months ended February 28, 2014, our only component of comprehensive income (loss) was foreign currency translation.
	Stock-Based Compensation
	The Company adopted ASC 718, Compensation – Stock-Based Compensation, to account for its stock options and similar equity instruments issued. Accordingly, compensation costs attributable to stock options or similar equity instruments granted are measured at the fair value at the grant date, and expensed over the expected vesting period. ASC 718 requires excess tax benefits be reported as a financing cash inflow rather than as a reduction of taxes paid.
	Loss per Common Share
	Basic loss per share is computed by dividing the net loss attributable to the common stockholders by the weighted average number of shares of common stock outstanding during the periods. Diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. As of February 28, 2014, there were options outstanding for the purchase of 1,000,000 common shares and warrants for the issuance of 1,000,000 shares of common stock which could potentially dilute future earnings per share. As of February 28, 2013, there were options outstanding for the purchase of 1,400,000 common shares and warrants for the issuance of 1,000,000 shares of common stock which could potentially dilute future earnings per share.
	New Accounting Pronouncements
	A variety of proposed or otherwise potential accounting standards are currently under study by standard setting organizations and various regulatory agencies. Due to the tentative and preliminary nature of those proposed standards, management has not determined whether implementation of such proposed standards would be material to our consolidated financial statements.
	In February 2013, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2013-04, Liabilities (Topic 405), which provides guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements. The guidance requires an entity to measure those obligations as the sum of the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors and any additional amount the reporting entity expects to pay on behalf of its co-obligors. The guidance also requires an entity to disclose the nature and amount of the obligation as well as other information about those obligations.  ASU 2013-04 is effective for fiscal years beginning after December 15, 2013, which is effective for the Company’s first quarter of fiscal year 2015.  The Company does not believe the adoption of ASU 2013-04 will have a material effect on the Company’s consolidated financial statements.
	In February 2013, the FASB issued ASU 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income.  ASU 2013-02 requires disclosure of the amounts reclassified out of each component of accumulated other comprehensive income and into net earnings during the reporting period and is effective for reporting periods beginning after December 15, 2012.  The Company does not believe the adoption of ASU 2013−02 in the first quarter of fiscal year 2014 will have a material impact on the measurement of net earnings or other comprehensive income.

3_Agreements

3. Agreements	3 Months Ended
	Feb. 28, 2014
Notes to Financial Statements	'
3. Agreements	'
	Summary
	The worldwide silver market experienced a strong decline in the prices during 2013. As a result, he Company made the decision in September 2013 to focus on the Los Amoles Property in 2014 and the Jalisco Properties in 2015.
	Our President & CEO Juan Miguel Ríos Gutiérrez holds an MBA in P.Eng., Mining and Metallurgical. He has worked for twenty years in management and on projects at Peñoles, the largest mining operation in Mexico. Mr. Juan Miguel Ríos Gutiérrez was the fourth employee at First Majestic Silver Corp. (“First Majestic” or “FMSC”) and helped build that company from a junior mining exploration company on the TSXV and NYSE to a major global silver producer. Mr. Gutierrez held the General Manager position at four of the First Majestic mining units in Mexico.
	Because of limited staff, the Company relies on outside parties, including geologists, surveyors, laboratories, etc. in our business operations. The Company has historical data on mining operations at the properties listed below. Mr. Gutiérrez has visited each property twice a year, with each visit being approximately one week.
	All properties are accessible by vehicles. There is currently no infrastructure, property and equipment, power, buildings or water on the properties. No equipment or improvements exist on the properties.  During the Company’s exploration stage and future exploration work on the mining claims, the Company expects to use contractors and equipment and diamond drill machines that use diesel hydraulic sources and diesel electric generators as a source of power. The Company expects to transport water from nearby communities in tanker trucks.
	The Company’s properties do not have any known reserves and the Company’s proposed activities are exploratory in nature. The Company expects to finance its plan through investors and First Majestic.
	Detailed write-ups on the Los Amoles and Jalisco Properties are filed in the Company’s Form 10K for the year ended November 30, 2013 that was filed with the SEC on February 21, 2014.
	Mining Option Agreement – Los Amoles, Mexico Property
	On March 15, 2013, the Company closed the Asset Purchase Agreement with Yale Resources Ltd to purchase all of the rights, title and interest in and to the Los Amoles 2 and Los Amoles 3 Fracc.1 properties, consisting of 2,166 hectares located in the State of Sonora Mexico. The Company purchased the Los Amoles Property from Yale by issuing 1,000,000 of restricted common shares and paying $200,000 in cash. The Company commenced an underground work program at the Los Amoles Property and completed a geologic report to define the potential vein structure and outcroppings and prepare for a planned drilling program in 2014.
	The Company expects to spend $123,000 during 2014 to explore the Los Amoles Property. The Los Amoles Property does not have any known reserves and the Company’s proposed activities are exploratory in nature. All costs (other than acquisition costs) related to the Agreement have been recorded as exploration expenses.
	Mining Option Agreement- Jalisco, Mexico Property
	On April 15, 2011, the Company entered into a Mining Option Agreement with First Majestic Silver Corp., an existing shareholder and creditor of the Company for the Jalisco Properties. The Jalisco Properties consist of mining claims totaling 5,240 hectares located in Jalisco, Mexico. As of February 21, 2014, the Company has not spent any funds on the properties. The Company is required to spend $3,000,000 by April 15, 2014 to earn 50% interest in the Jalisco Properties and an additional $2,000,000 to earn an additional 20% interest by April 15, 2016 on exploration expenses. An additional 20% interest in and to the Jalisco Properties can be earned by completing a bankable feasibility study no later than the seventh anniversary of the Agreement. The Company expects to amend the Mining Option Agreement with First Majestic and delay our required expenditures.
	In consideration for the Option, the Company issued an aggregate of 10,000,000 shares of common stock with a fair market value of $0.34 per common share.  First Majestic will retain a 10% free carried interest and a 2.375% net smelter return.
	The Company agreed to file a registration statement with the Securities and Exchange Commission registering the shares and to maintain the registration statement effective for a period of not less than two years. If a registration statement was not been filed and declared effective within twelve months from the date of the Agreement or if the Company failed to maintain the registration statement effective for a period of two years, it  agreed to issue an additional 2,000,000 shares to First Majestic. On April 30, 2012, the Company issued 2,000,000 shares of restricted common stock to First Majestic which were valued at $0.20 per share or $400,000.
	The Jalisco Properties do not have any known reserves and the Company’s proposed activities are exploratory in nature. Any costs related to the Mining Option Agreement will be recorded as exploration expenses.  As of February 28, 2014, the Company has not earned its 50% interest and does not control the Jalisco Properties.
	Mining Option Agreement- Ayones, Mexico Property
	On August 10, 2011, the Company entered into a Mining Option Agreement (“Grupo Agreement”) with IMMSA Grupo México. Under the terms of the Grupo Agreement, they granted the Company an option to acquire a 100% interest in certain mining properties representing the Ayones Property located 15 kilometers from the municipality of Etzatlan, Jalisco State, Mexico. The Ayones Property consists of “Ayones” Title. 195743, surface 19.0932 hectares and “Ayones 4” Title. 184155 surface 28.7280 hectares.
	Under the terms of the Grupo Agreement between Sonora’s wholly owned Mexican subsidiary Finder Plata and Grupo Mexico subsidiary, Industrial Minera Mexico, S.A. de C.V. (“Grupo Mexico”), Finder Plata has the right to purchase 100% of two mining concessions on 48 hectares, the old La Mazata Mine, the data of past diamond drill programs, studies and maps as well as the assets located within the mine areas in exchange for payments over three years. The Grupo Agreement requires a Net Smelter Royalty (“NSR”) payment of 2.0% by Finder Plata with Finder Plata having a first option to purchase the NSR for $ 1 million.
	Under the terms of the Grupo Agreement, Finder Plata is required to pay the following cash payments totaling $1 million to exercise the option:
	(a)	A payment of US $100,000 with the execution of the Grupo Agreement (paid);
	(b)	A payment of US $100,000 within six months of execution of the Grupo Agreement (paid);
	(c)	A payment of US $100,000 within twelve months of execution of the Grupo Agreement (paid);
	(d)	A payment of US $175,000 within eighteen months of execution of the Grupo Agreement;
	(e)	A payment of US $175,000 within twenty-four months of execution of the Grupo Agreement;
	(f)	A payment of US $175,000 within thirty months of execution of the Grupo Agreement; and,
	(g)	A payment of US $175,000 within thirty-six months of execution of the Grupo Agreement.
	The Company did not pay the $175,000 due on February 10, 2013, August 10, 2013 and February 10, 2014 due under the Grupo Agreement.
	In addition, Finder Plata was required to spend a total of $1 million in exploration expenditures on the Ayones Property as follows:
	$200,000 within twelve months of execution of the Grupo Agreement ($12,818 was spent); an additional $300,000 on or before the second anniversary of execution of the Grupo Agreement ($1,612 as spent); and an additional $500,000 on or before the third anniversary of execution of the Grupo Agreement.
	On August 2, 2012, the parties signed an Additional Agreement extending the remaining $187,182 of the $200,000 of exploration expenditures due within twelve months of execution of the Grupo Agreement to the second anniversary of the execution of the Grupo Agreement. The Company did not spend the $500,000 in exploration expenditures under the Additional Agreement.
	If the closing of the transactions contemplated in the Grupo Agreement occurs, on or before the third anniversary of execution the parties are required to enter into a Definitive Agreement. The Definitive Agreement would require Finder Plata to begin commercial production thirty months after the execution of the Definitive Agreement. If commercial production is not started in the thirty month period, Finder Plata is required to pay 15% NSR over the future capacity of the mine as established in a feasibility study completed by Finder Plata.
	The Ayones Property does not have any known reserves. All costs related to the Agreement have been recorded as exploration expenses.   The Company intends to terminate the Grupo Agreement and return the Property; however, the results of such negotiations and an outcome in the Company’s favor cannot be assured. As of February 28, 2014, the Company has not earned its 100% interest and does not control the Ayones Property. The Company recorded an impairment of $235,000 related to the Ayones Property as of November 30, 2013 and accrued contract termination costs of $618,000 during the three months ended February 28, 2014.
	Mining Option Agreement- Corazon, Mexico Property
	On September 5, 2011, the Company entered into Mining Option Agreements (“Corazon Agreements”) with eight Mexican citizens. Under the terms of the Corazon Agreements, the Company was granted an option to acquire a 100% interest in certain mining properties of the Corazon group of claims located in the municipality of Etzatlan, Jalisco State, Mexico.
	Under the terms of the agreement between Sonora's wholly owned Mexican subsidiary Finder Plata S.A. de C.V. (“Finder Plata”) and the eight Mexican Citizen owners (“Corazon Owner’s”), Finder Plata has the right to purchase 100.0% for five mining concessions on 721 hectares surrounding the old La Mazata Mine and Ayones claims and prospect recently acquired by Finder Plata in the Mexican state of Jalisco on August 10, 2011. The Company terminated the Corazon Agreements on November 25, 2013, with the termination effective January 4, 2014. The Company recorded an impairment of $210,373 related to the Corazon Property as of November 30, 2013.

4_Demand_Promissory_Notes

4. Demand Promissory Notes	3 Months Ended
	Feb. 28, 2014
Debt Disclosure [Abstract]	'
4. Demand Promissory Notes	'
	The Company has the following Demand Promissory Notes with First Majestic, an existing shareholder and creditor:
	The Company entered into a $30,000 Demand Promissory Note dated February 19, 2013.  The Company agreed to pay interest at a rate 1 Year LIBOR plus 3.5% per annum for a maximum of six (6) months. As of February 28, 2014, the Company owes accrued interest of $1,194.
	The Company entered into a $170,000 Demand Promissory Note dated March 15, 2013.  The Company agreed to pay interest at a rate 1 Year LIBOR plus 3.5% per annum until the Demand Promissory Note is repaid. As of February 28, 2014, the Company owes accrued interest of $6,330.
	The Company entered into a $100,000 Loan Agreement and Promissory Note dated February 5, 2014.  The Company agreed to pay interest at a rate of 9% per annum when the Promissory Note is repaid. As of February 28, 2014, the Company owes accrued interest of $592.

5_Capital_Stock

5. Capital Stock	3 Months Ended
	Feb. 28, 2014
Equity [Abstract]	'
5. Capital Stock	'
	There were no issuances of capital stock during the three months ended February 28, 2014.
	A summary of the warrants issued as of February 28, 2014 was as follows:
			28-Feb-14
			Shares				Weighted Average Exercise Price
	Outstanding at November 30, 2013			1,000,000			$	0.35
	Issued			-				-
	Outstanding at February 28, 2014			1,000,000			$	0.35
	Exercisable at end of period			1,000,000
	A summary of the status of the warrants outstanding as of February 28, 2014 was as follows:
					28-Feb-14
	Number of Warrants				Weighted Average Remaining Life				Weighted Average Exercise Price		Shares Exercisable		Weighted Average Exercise Price
		1,000,000				0.33			$	0.35		1,000,000	$	0.35
	As of February 28, 2014, vested warrants of 1,000,000 had no aggregate intrinsic value.

6_Stock_Options

6. Stock Options	3 Months Ended
	Feb. 28, 2014
Text Block [Abstract]	'
6. Stock Options	'
	On December 21, 2010, the Company adopted its 2010 Stock Option Plan pursuant to which it may grant stock options to acquire up to a total of 8,500,000 shares of its common stock. The Board of Directors currently acts as the plan administrator of this plan. On January 21, 2011, 1,400,000 options were granted pursuant to the plan with 400,000 such options granted to consultants with an exercise of $0.20 per share, vested over 2 years and expired on January 19, 2014 and 1,000,000 such options granted to the new president of the Company with an exercise price of $0.20 per share, vested over 5 years and mature on January 21, 2016. During the three months ended February 28, 2014, the Company recorded stock based compensation of $10,334 in connection with the stock options granted during the period.
	A summary of the changes in stock options for the nine months ended February 28, 2014 was as follows:
			28-Feb-14
			Shares				Weighted Average Exercise Price
	Outstanding at November 30, 2013			1,400,000			$	0.2
	Issued			-				-
	Cancelled			(400,000	)			(0.200	)
	Outstanding at February 28, 2014			1,000,000			$	0.2
	Exercisable at end of period			750,000
	The fair value of each option granted has been estimated as of the date of the grant using the Black-Scholes option pricing model with the following assumptions:
			28-Feb-14
	Expected volatility		167.15%-185.32	%
	Risk-free interest rate		1.185%-2.05	%
	Expected life		3-5 years
	Dividend yield		2	%
	A summary of weighted average fair value of stock options granted during the period ended February 28, 2014 is as follows:
			28-Feb-14
			Weighted Average Exercise Price				Weighted Average Fair Value
	Exercise price is greater than market price at grant date:		$	0.2			$	0.02
	The Company has the following options outstanding and exercisable as of February 28, 2014:
					28-Feb-14
	Number of Warrants				Weighted Average Remaining Life				Weighted Average Exercise Price		Shares Exercisable		Weighted Average Exercise Price
		1,000,000				2			$	0.2		750,000	$	0.2
	There is no aggregate intrinsic value of the exercisable options as of February 28, 2014. As of February 28, 2014, the total compensation of $54,499 for unvested shares is to be recognized over the next 2 years.

7_Related_Party_Transactions

7. Related Party Transactions	3 Months Ended
	Feb. 28, 2014
Related Party Transactions [Abstract]	'
7. Related Party Transactions	'
	Related party transactions, including transactions with First Majestic, are discussed in other Notes.

8_Commitments_Contingencies_an

8. Commitments, Contingencies, and Legal Proceedings	3 Months Ended
	Feb. 28, 2014
Commitments and Contingencies Disclosure [Abstract]	'
8. Commitments, Contingencies, and Legal Proceedings	'
	There are no pending legal proceedings against the Company that are expected to have a material adverse effect on our cash flows, financial condition or results of operations.
	On January 21, 2011, the Company entered into a consulting agreement with Juan Miguel Ríos Gutiérrez whereby Mr. Gutiérrez was appointed Chief Executive Officer at $5,000 per month for a term of indefinite period unless terminated by either party with sixty days advance written notice to the other party.
	On January 18, 2011, the Company entered into a Consulting Agreement with Corcom, Inc., pursuant to which Corcom is to provide certain administrative and related services including, but not limited to, accounting, coordination of annual audits and quarterly reviews, management and review of legal documentation and ensuring timely fulfillment of all regulatory filings. As consideration for the performance of the consulting services under the agreement, the Company agreed to pay Corcom the sum of US$2,000 per month for the duration of the agreement, exclusive of any applicable sales tax. The agreement is for an indefinite period unless terminated by either party with sixty days advance written notice to the other party. As of February 28, 2014, the Company recorded $50,000 related to accounts payable to Corcom.
	On June 15, 2011, the Company entered into Consulting and Restricted Stock Award Agreements whereby Mr. Scott was appointed Chief Financial Officer of the Company. Pursuant to the Scott Agreements, Mr. Scott receives: (i) US $4,000 cash per month and (ii) shares of Company common stock equaling US $3,000 per month. As of February 28, 2014, the Company accrued compensation of $42,000 related to the Restricted Stock Award Agreement with Mr. Scott.

9_Subsequent_Events

9. Subsequent Events	3 Months Ended
	Feb. 28, 2014
Text Block [Abstract]	'
9. Subsequent Events	'
	The Company evaluates subsequent events, for the purpose of adjustment or disclosure, up through the date the financial statements are issued.

2_Summary_of_Significant_Accou1

2. Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Feb. 28, 2014
Accounting Policies [Abstract]	'
Exploration Stage Enterprise	'
	Exploration Stage Enterprise
	Since the Company is in the exploration stage of operation, the Company’s financial statements are prepared in accordance with the provisions of ASC 915 Development Stage Enterprises, as it devotes substantially all of its efforts to acquiring and exploring mining interests that management believes should eventually provide sufficient net profits to sustain the Company’s existence. Until such interests are engaged in commercial production, the Company will continue to prepare its consolidated financial statements and related disclosures in accordance with this standard.
Basis of Presentation	'
	Basis of Presentation
	The accompanying financial statements have been prepared in accordance with the accounting principles generally accepted in the United States.
Principles of Consolidation	'
	Principles of Consolidation
	These consolidated financial statements include our consolidated balance sheets, results of operations, changes in stockholders' equity and cash flows. All material intercompany balances and transactions have been eliminated in the accompanying consolidated financial statements.
Use of Estimate	'
	Use of Estimates
	The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the period. Actual results may differ from those estimates.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents
	The Company classifies highly liquid temporary investments with an original maturity of three months or less when purchased as cash equivalents.
	The Company maintains cash balances at various financial institutions. Balances at US banks are insured by the Federal Deposit Insurance Corporation up to $250,000. In Mexico, the Company's cash balances are currently fully insured by the Institute for the Protection of Bank Savings.
	The Company has not experienced any losses in such accounts and believes it is not exposed to any significant risk for cash on deposit. As of February 28, 2014, the Company had no deposits in excess of $250,000.
Foreign Currency Translation	'
	Foreign Currency Translation
	The Company maintains its accounting records in U.S. Dollars. The Company's Finder Plata records are maintained in Mexican Pesos. At the transaction date, each asset, liability, revenue and expense involves foreign currencies is translated into U.S. dollars by the use of the exchange rate in effect at that date. At the period end, monetary assets and liabilities involving foreign currencies are remeasured by using the exchange rate in effect at that date. The resulting foreign exchange gains and losses are included in operations. The Company's currency exposure is insignificant and immaterial and we do not use derivative instruments to reduce our potential exposure to foreign currency risk.
Mineral Properties	'
	Mineral Properties
	Costs of acquiring mineral properties are capitalized by project area upon purchase of the associated claims. Costs to maintain the mineral rights and leases and explore are expensed as incurred.  When a property reaches the production stage, the related capitalized costs will 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 diminution in value.
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments
	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The fair value hierarchy contains three levels as follows:
	Level 1 - Unadjusted quoted prices that are available in active markets for the identical assets or liabilities at the measurement date.
	Level 2 - Other observable inputs available at the measurement date, other than quoted prices included in Level 1, either directly or indirectly, including:
	●           Quoted prices for similar assets or liabilities in active markets;
	●           Quoted prices for identical or similar assets in nonactive markets;
	●           Inputs other than quoted prices that are observable for the asset or liability; and
	●           Inputs that are derived principally from or corroborated by other observable market data.
	Level 3 - Unobservable inputs that cannot be corroborated by observable market data and reflect the use of significant management judgment. These values are generally determined using pricing models for which the assumptions utilize management’s estimates of market participant assumptions.
Assets and Liabilities that are Measured at Fair Value on a Recurring Basis.	'
	Assets and Liabilities that are Measured at Fair Value on a Recurring Basis.
	The Company accounts for fair value measurements in accordance with ASC 820, Fair Value Measurements and Disclosures, which defines fair value, establishes a framework for measurement and expands disclosure about fair value measurement. The fair value hierarchy requires the use of observable market data when available. In instances in which the inputs used to measure fair value fall into different levels of the fair value hierarchy, the fair value measurement has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular item to the fair value measurement in its entirety requires judgment, including the consideration of inputs specific to the asset or liability.
Impairment of Long-lived Assets	'
	Impairment of Long-lived Assets
	Long-lived assets are reviewed for impairment in accordance with FASB ASC 360, Property, Plant, and Equipment. Under FASB ASC 360, these assets are tested for recoverability annually or whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. An impairment charge is recognized for the amount, if any, when the carrying value of the asset exceeds the fair value. The Company expects to cancel the Mining Option Agreement for the Ayones Property and has cancelled the Mining Option Agreement for the Corazon Property. The Company recorded an impairment expense of $445,000 related to the Ayones and Corazon Properties as of November 30, 2013.
Asset Retirement Obligations	'
	Asset Retirement Obligations
	The Company applies ASC 410, Accounting for Asset Retirement Obligations which requires that the fair value of a liability for an asset retirement obligation be recognized in the period in which it is incurred. ASC 410 requires the Company to record a liability for the present value using a credit-adjusted risk free interest rate, of the estimated site restoration costs with a corresponding increase to the carrying amount of the related long-lived assets. The liability is accreted until it has been fully incurred and the asset is amortized over the life of the related assets. Adjustments are made for changes resulting from the passage of time and changes to either the timing or amount of the original present value estimate underlying the obligation will be made. As of February 28, 2014, the Company does not have any asset retirement obligations.
Contract Termination	'
	Contract Termination
	At November 30, 2013, we fully impaired our agreement related to the Ayones Property. We have assessed the possible liability for the termination of the agreement in accordance with ASC 420, “Exit or Disposal Cost Obligations”, and ASC 450, “Loss Contingencies”, and accordingly, we accrued an estimated termination liability as of February 28, 2014 of $618,000. This estimate is subject to change and any increases or decreases will be reflected in the results of our operations in future periods.
Comprehensive Loss	'
	Comprehensive Loss
	The Company applies ASC 220, Comprehensive Income. ASC 220 establishes standards for the reporting and display of comprehensive income or loss, requiring its components to be reported in a financial statement. For the three months ended February 28, 2014, our only component of comprehensive income (loss) was foreign currency translation.
Stock-Based Compensation	'
	Stock-Based Compensation
	The Company adopted ASC 718, Compensation – Stock-Based Compensation, to account for its stock options and similar equity instruments issued. Accordingly, compensation costs attributable to stock options or similar equity instruments granted are measured at the fair value at the grant date, and expensed over the expected vesting period. ASC 718 requires excess tax benefits be reported as a financing cash inflow rather than as a reduction of taxes paid.
Loss per Common Share	'
	Loss per Common Share
	Basic loss per share is computed by dividing the net loss attributable to the common stockholders by the weighted average number of shares of common stock outstanding during the periods. Diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. As of February 28, 2014, there were options outstanding for the purchase of 1,000,000 common shares and warrants for the issuance of 1,000,000 shares of common stock which could potentially dilute future earnings per share. As of February 28, 2013, there were options outstanding for the purchase of 1,400,000 common shares and warrants for the issuance of 1,000,000 shares of common stock which could potentially dilute future earnings per share.
New Accounting Pronouncements	'
	New Accounting Pronouncements
	A variety of proposed or otherwise potential accounting standards are currently under study by standard setting organizations and various regulatory agencies. Due to the tentative and preliminary nature of those proposed standards, management has not determined whether implementation of such proposed standards would be material to our consolidated financial statements.
	In February 2013, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2013-04, Liabilities (Topic 405), which provides guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements. The guidance requires an entity to measure those obligations as the sum of the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors and any additional amount the reporting entity expects to pay on behalf of its co-obligors. The guidance also requires an entity to disclose the nature and amount of the obligation as well as other information about those obligations.  ASU 2013-04 is effective for fiscal years beginning after December 15, 2013, which is effective for the Company’s first quarter of fiscal year 2015.  The Company does not believe the adoption of ASU 2013-04 will have a material effect on the Company’s consolidated financial statements.
	In February 2013, the FASB issued ASU 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income.  ASU 2013-02 requires disclosure of the amounts reclassified out of each component of accumulated other comprehensive income and into net earnings during the reporting period and is effective for reporting periods beginning after December 15, 2012.  The Company does not believe the adoption of ASU 2013−02 in the first quarter of fiscal year 2014 will have a material impact on the measurement of net earnings or other comprehensive income.

5_Capital_Stock_Tables

5. Capital Stock (Tables)	3 Months Ended
	Feb. 28, 2014
Equity [Abstract]	'
Schedule of Warrants Issued	'
			28-Feb-14
			Shares				Weighted Average Exercise Price
	Outstanding at November 30, 2013			1,000,000			$	0.35
	Issued			-				-
	Outstanding at February 28, 2014			1,000,000			$	0.35
	Exercisable at end of period			1,000,000
Schedule of Warrants Outstanding	'
					28-Feb-14
	Number of Warrants				Weighted Average Remaining Life				Weighted Average Exercise Price		Shares Exercisable		Weighted Average Exercise Price
		1,000,000				0.33			$	0.35		1,000,000	$	0.35

6_Stock_Options_Tables

6. Stock Options (Tables)	3 Months Ended
	Feb. 28, 2014
Text Block [Abstract]	'
Schedule of Stock Options	'
			28-Feb-14
			Shares				Weighted Average Exercise Price
	Outstanding at November 30, 2013			1,400,000			$	0.2
	Issued			-				-
	Cancelled			(400,000	)			(0.200	)
	Outstanding at February 28, 2014			1,000,000			$	0.2
	Exercisable at end of period			750,000
Schedule of Fair Value of Stock Options	'
			28-Feb-14
	Expected volatility		167.15%-185.32	%
	Risk-free interest rate		1.185%-2.05	%
	Expected life		3-5 years
	Dividend yield		2	%
Schedule of Weighted Average Fair Value of Stock Options Granted	'
			28-Feb-14
			Weighted Average Exercise Price				Weighted Average Fair Value
	Exercise price is greater than market price at grant date:		$	0.2			$	0.02
Schedule of options outstanding and exercisable	'
					28-Feb-14
	Number of Warrants				Weighted Average Remaining Life				Weighted Average Exercise Price		Shares Exercisable		Weighted Average Exercise Price
		1,000,000				2			$	0.2		750,000	$	0.2

1_Nature_of_Operations_and_Goi1

1. Nature of Operations and Going Concern (Details Narrative) (USD $)	Feb. 28, 2014
Nature Of Operations And Going Concern Details Narrative	'
Working capital deficit	$874,948

5_Capital_Stock_Details

5. Capital Stock (Details) (Warrants, USD $)	3 Months Ended
	Feb. 28, 2014
Warrants	'
Number Outstanding, Beginning	1,000,000
Number Issued	0
Number Outstanding, Ending	1,000,000
Number of Exercisable	1,000,000
Weighted Average Exercise Price Outstanding, Beginning	$0.35
Weighted Average Exercise Price Outstanding, Ending	$0.35

5_Capital_Stock_Details1

5. Capital Stock (Details1) (Warrants, USD $)	3 Months Ended
	Feb. 28, 2014	Nov. 30, 2013
Warrants	'	'
Number Outstanding, Ending	1,000,000	1,000,000
Weighted Average Remaining Life	'4 months	'
Weighted Average Exercise Price Outstanding, Ending	$0.35	$0.35
Number of Exercisable	1,000,000	'
Weighted Average Exercise Price Exercisable	$0.35	'

5_Capital_Stock_Details_Narrat

5. Capital Stock (Details Narrative) (USD $)	Feb. 28, 2014
Capital Stock Details Narrative	'
Aggregate intrinsic value of vested warrants	$0

6_Stock_Options_Details

6. Stock Options (Details) (Stock Options, USD $)	3 Months Ended
	Feb. 28, 2014
Stock Options	'
Number Outstanding, Beginning	1,400,000
Number Issued	0
Number cancelled	-400,000
Number Outstanding, Ending	1,000,000
Number of Exercisable	750,000
Weighted Average Exercise Price Outstanding, Beginning	$0.20
Weighted Average Exercise Price, cancelled	($0.20)
Weighted Average Exercise Price Outstanding, Ending	$0.20

6_Stock_Options_Details_1

6. Stock Options (Details 1)	3 Months Ended
	Feb. 28, 2014
Expected volatility, min	167.15%
Expected volatility, max	185.32%
Risk-free interest rate, min	1.19%
Risk-free interest rate, max	2.05%
Dividend yield	2.00%
Minimum	'
Expected life	'3 years
Maximum	'
Expected life	'5 years

6_Stock_Options_Details_2

6. Stock Options (Details 2) (Stock Options, USD $)	Feb. 28, 2014	Nov. 30, 2013
Stock Options	'	'
Weighted Average Exercise Price Outstanding, Ending	$0.20	$0.20
Weighted Average Fair Value	$0.02	'

6_Stock_Options_Details_3

6. Stock Options (Details 3) (Stock Options, USD $)	3 Months Ended
	Feb. 28, 2014	Nov. 30, 2013
Stock Options	'	'
Number Outstanding, Ending	1,000,000	1,400,000
Weighted Average Remaining Life	'2 years	'
Weighted Average Exercise Price Outstanding, Ending	$0.20	$0.20
Number of Exercisable	750,000	'
Weighted Average Exercise Price Exercisable	$0.20	'

8_Commitments_Contingencies_an1

8. Commitments, Contingencies, and Legal Proceedings (Details Narrative) (USD $)	Feb. 28, 2014
Commitments Contingencies And Legal Proceedings Details Narrative	'
Accrued Compensation related to the Restricted Stock Award Agreement with Mr. Scott	$42,000