White Fox Ventures (AWAW) 10-Q19 Aug 142014 Q2 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
Document and Entity Information	Jun. 30, 2014	Aug. 12, 2014
Document and Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Jun-14	'
Document Fiscal Period Focus	'Q2	'
Document Fiscal Year Focus	'2014	'
Entity Registrant Name	'DNA PRECIOUS METALS INC.	'
Entity Central Index Key	'0001506503	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	95,026,000

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Dec. 31, 2013
CURRENT ASSETS	'	'
Cash	$35,779	$535,934
Prepaid deposits	'	612,431
Prepaid expenses	252,283	190,514
Sales tax receivable	51,824	35,427
Investor notes receivable	254,444	'
Total current assets	594,330	1,374,306
Fixed assets, net	1,391,642	1,276,304
OTHER ASSETS	'	'
Deferred financing fees, net	18,723	25,081
Mining rights	1,035,818	15,000
Proprietary software	10,000	'
Total other assets	1,064,541	40,081
TOTAL ASSETS	3,050,513	2,690,691
CURRENT LIABILITIES	'	'
Accounts payable and accrued expenses	164,083	186,729
Convertible notes - carrying value	86,214	'
Derivative liabilities	366,398	'
Total current liabilities	616,695	186,729
OTHER LIABILITIES	'	'
Non-convertible notes - carrying value	148,908	'
Asset retirement obligation	117,151	'
Total other liabilities	266,059	'
TOTAL LIABILITIES	882,754	186,729
STOCKHOLDERS' EQUITY	'	'
Preferred stock, $0.001 par value, 10,000,000 shares authorized Nil shares issued and outstanding	'	'
Common stock, $0.001 par value, 500,000,000 shares authorized 95,026,000 and 95,076,000 shares issued and outstanding, respectively	95,026	95,076
Additional paid in capital	7,874,271	7,313,888
Deferred compensation	'	-187,500
Accumulated deficit	-5,789,058	-4,710,522
Accumulated other comprehensive loss	-17,380	-6,980
Total stockholders' equity - DNA Precious Metals, Inc.	2,162,859	2,503,962
Non-controlling interest in subsidiary	4,900	'
Total stockholders' equity	2,167,759	2,503,962
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$3,050,513	$2,690,691

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
CONDENSED CONSOLIDATED BALANCE SHEETS [Abstract]	'	'
Preferred Stock, par value	$0.00	$0.00
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common Stock, par value	$0.00	$0.00
Common Stock, shares authorized	500,000,000	500,000,000
Common Stock, shares issued	95,026,000	95,076,000
Common Stock, shares outstanding	95,026,000	95,076,000

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS [Abstract]	'	'	'	'
REVENUE	'	'	'	'
COST OF REVENUES	'	'	'	'
GROSS PROFIT	'	'	'	'
OPERATING EXPENSES	'	'	'	'
Exploration costs	20,951	14,369	133,633	41,951
Salaries and related expenses (including stock-based compensation)	95,723	325,410	401,077	936,188
Professional fees	96,556	110,907	143,872	193,969
Rent	9,556	15,812	18,885	20,964
Depreciation and amortization	5,320	2,952	12,155	4,343
General and administrative	129,042	69,561	242,915	101,633
Total operating expenses	357,148	539,011	952,537	1,299,048
OTHER (INCOME) EXPENSE	'	'	'	'
Interest expense, net	36,444	1,368	37,151	1,170
Fair value adjustment in derivative liabilities	88,848	'	88,848	'
Loss on conversion of promissory note	'	'	'	125,000
Exploration tax credits	'	'	'	'
Total other (income) expense	125,292	1,368	125,999	126,170
Net loss before provision for income taxes	-482,440	-540,379	-1,078,536	-1,425,218
Provision for income taxes	'	'	'	'
Net loss before non-controlling interest	-482,440	-540,379	-1,078,536	-1,425,218
Net loss attributable to non-controlling interest	'	'	'	'
NET LOSS	-482,440	-540,379	-1,078,536	-1,425,218
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	94,749,077	91,488,508	95,051,967	88,480,800
NET LOSS PER SHARE	($0.01)	($0.01)	($0.01)	($0.02)
COMPREHENSIVE LOSS	'	'	'	'
Net loss	-482,440	-540,379	-1,078,536	-1,425,218
Currency translation adjustment	5,548	-20,216	-10,400	-22,048
Total comprehensive loss	($476,892)	($560,595)	($1,088,936)	($1,447,266)

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (USD $)	6 Months Ended
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (USD $)	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net loss for the period	($1,078,536)	($1,425,218)
Adjustments to reconcile net (loss) to net cash (used in) operating activities:	'	'
Depreciation and amortization	12,155	4,343
Non-cash interest charges	35,728	'
Fair value adjustment in derivative liabilities	88,848	'
Shares and options issued for compensation	239,990	687,500
Loss on conversion of promissory note	'	125,000
Common shares and warrants issued for services	83,948	50,000
Change in assets and liabilities	'	'
(Increase) decrease in prepaid expenses and deposits	41,441	-41,056
(Increase) decrease in sales tax receivable	-16,358	36,683
(Decrease) in accounts payable and accrued expenses	-60,796	-48,730
Total adjustments	424,956	813,740
Net cash (used in) operating activities	-653,580	-611,478
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Acquisition of fixed assets	-2,613	-49,235
Acquisition of mining rights	-68,387	'
Net cash (used in) investing activities	-71,000	-49,235
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Proceeds received from convertible notes	222,500	'
Cash received for common stock and liability for stock to be issued	12,500	394,000
Net cash provided by financing activities	235,000	394,000
Effect of foreign currency	-10,575	6,603
NET INCREASE (DECREASE) IN CASH	-500,155	-260,110
CASH - BEGINNING OF PERIOD	535,934	598,938
CASH - END OF PERIOD	35,779	338,828
Cash paid during the period for:	'	'
Interest	1,423	1,170
Income taxes	'	'
SUPPLEMENTAL NON-CASH ACTIVITY:	'	'
Common stock issued for mining rights	340,000	'
Conversion of promissory note to common stock	'	627,550
Deferred compensation for common stock	187,500	687,500
Deferred financing fees through the issuance of warrants	'	'
Issuance of common stock and warrants for prepaid expenses	$103,743	'

ORGANIZATION_AND_BASIS_OF_PRES

ORGANIZATION AND BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2014
ORGANIZATION AND BASIS OF PRESENTATION [Abstract]	'
ORGANIZATION AND BASIS OF PRESENTATION	'
		ORGANIZATION AND BASIS OF PRESENTATION


	The unaudited consolidated financial statements included herein have been prepared, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information presented not misleading. It is suggested that these condensed consolidated financial statements be read in conjunction with the December 31, 2013 audited financial statements and the accompanying notes thereto. While management believes the procedures followed in preparing these condensed consolidated financial statements are reasonable, the accuracy of the amounts are in some respects dependent upon the facts that will exist, and procedures that will be accomplished by the Company later in the year.

	On June 2, 2006, Celtic Capital, Inc. was incorporated in the State of Nevada. On October 20, 2008, Celtic Capital, Inc. changed its name to Entertainment Educational Arts Inc. On May 12, 2010, the Company changed its name to DNA Precious Metals, Inc. (the "Company"). On October 29, 2010, the Company formed DNA Canada Inc., a Canadian (Province of Quebec) incorporated company, as a wholly-owned subsidiary. The Company will operate all of its exploration operations through this Canadian entity. On June 3, 2014, the Company incorporated DNA Crypto Corp., under the laws of the State of Nevada, initially as a wholly-owned subsidiary of DNA Precious Metals, Inc.


	The Company is an exploration stage company that is in the business of identifying mineral claim rights in Canada and the United States. The Company has conducted minimal business to date.

	The Company's primary goal is to identify and acquire premium gold (Au) and silver (Ag) properties to create an international mining company. The mineralized properties that the Company will focus on acquiring, will have easy accessibility, transportation infrastructures in place on the property and most importantly, will have the potential to be brought into production quickly.

	Going Concern

	The consolidated financial statements have been prepared on a going concern basis. The going concern basis of presentation assumes that the Company will continue in operation for the foreseeable future and be able to realize its assets and discharge its liabilities and commitments in the normal course of business. The Company has not generated revenues since inception and has generated losses totaling $1,078,536 and $1,425,218 for the six months ended June 30, 2014 and 2013, respectively.

	The Company's continuation as a going concern is dependent upon, amongst other things, continued financial support from its shareholders, attaining a satisfactory revenue level, attainment of profitable operations and the generation of cash from operations and the ability to secure new financing arrangements and new capital to carry out its business plan. These matters are dependent on a number of items outside of the Company's control and there exists material uncertainties that may cast significant doubt about the Company's ability to continue as a going concern.

	The Company can give no assurance that it will achieve profitability or be capable of sustaining profitable operations. These consolidated financial statements do not include any adjustments relating to the recoverability and classification of the carrying amounts of assets or the amount and classification of liabilities that might result if the Company is unable to continue as a going concern. These factors raise substantial doubt regarding the ability of the Company to continue as a going concern.

	From January 2014 to June 2014, the Company raised $235,000 from the issuance of a convertible note and the exercise of stock options. The Company raised $523,564 (CDN$552,000) from the sale of 2,208,000 shares of common stock in August, September and October 2013 and $472,217 (CDN$500,000) from flow-through financing through the issuance of 1,000,000 shares of common stock and 500,000 warrants in December 2013.

	From September 2012 to January 2013, the Company raised $2,357,000 of capital through the subscription of 9,428,000 shares in an S-1 registration statement. The Company also raised, from June to December 2011, $670,000 of capital through the subscription of 3,350,000 private placement shares. The funds raised from the private and public offerings were used to further the Company's business plan while the most recent public raise was used for the construction of a processing mill and build-out of the infrastructure.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	NOTE 2-	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of Accounting

	These consolidated financial statements are prepared in conformity with United States generally accepted accounting principles ("U.S. GAAP") and are presented in U.S. dollars.

	Exploration Stage Company

	The Company is an exploration stage company as defined in ASC 915. The Company has made significant capital investments on a processing mill and related infrastructure pertaining to a mining site described earlier. The construction of the processing mill structure was commenced in the fourth quarter of fiscal 2012 and completed in the first quarter of fiscal 2013. Also, significant infrastructure work related to the processing mill has been completed.

	Presently, the infrastructure construction includes the foundation, a 16,000 sq./ft. steel structure building and water and power supply installations. The Company has completed all the access infrastructural work to the future site where the milling facilities will be located.

	On September 14, 2012, the Company received a Certificate of Authorization, from the Quebec Provincial Government, with respect to operating a gravitimetric circuit to process the mining residues, or tailings, located on the Montauban Mine Property. On March 13, 2014, the Company received another Certificate of Authorization, also from the Quebec Provincial Government, with respect to operating a cyanization circuit to process the mining residues located on the Montauban Mine Property. Previously, on February 28, 2014, the Company received approval, from the Quebec Provincial Government, for the Restoration Plan on the Montauban Mine Property which will be implemented subsequent to the Company's processing of the mining residues (tailings) on the site. The two (2) Certificates of Authorization issued to the Company will allow for the construction and installation of equipment facilities to recuperate mica (muscovite) and precious metals (gold and silver) from the mining residues (tailings) located on the Montauban Mine Property.

	Consequently, the primary objective will be to recuperate the mica and precious metals (gold and silver) from the mining residues. The recuperation of the precious metals from the mining residues will be less expensive than traditional mining operations primarily because the mining residues have already been crushed and grinded by prior mining companies.

	In accordance with ASU 2014-10 (see Recent Accounting Pronouncements), the Company has elected early adoption whereby, amounts and disclosures of the Company's exploration stage activities commencing with the period June 30, 2014 are no longer required to be presented. As a result, the Company removed this information.

	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 amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Estimates include but are not limited to stock-based compensation and tax valuation allowances.

	Principles of Consolidation

	The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, DNA Canada Inc. All intercompany transactions and accounts have been eliminated in consolidation.

	Currency Translation

	The Company's functional currency is the Canadian dollar and its reporting currency is the United States dollar. Transactions denominated in the functional currency are converted into United States dollars using the exchange rate in effect at the date of the transaction or the average rate for the period in the case of revenue and expense transactions. Monetary assets and liabilities are re-valued into the reporting currency at each balance sheet date using the exchange rate in effect at the balance sheet date, with any resulting exchange gains or losses being credited or charged to accumulated other comprehensive income (loss). Non-monetary assets and liabilities are recorded in the reporting currency using the exchange rate in effect at the date of the transaction and are not revalued for subsequent changes in exchange rates.

	Stock Options-Based Compensation

	The Company estimates the fair value of stock options-based payment awards made to officers and directors related to the Company's stock incentive plan, on the date of grant using an option-pricing model. The value of the portion of the award that is ultimately expected to vest is recognized as an expense ratably over the requisite service periods. The Company uses the Black-Scholes option pricing model to determine the fair value of the stock-based compensation that it grants to officers and directors. The Company is required to make certain assumptions in connection with this determination, the most important of which involves the calculation of volatility with respect to the price of its common stock. The computation of volatility is intended to produce a volatility value that is representative of the Company's expectations about the future volatility of the price of its common stock over an expected term. The Company used an estimate of its future share price to determine volatility and cannot predict how the price of its common shares of common stock will react on the open market in the future. Shares of the Company commenced trading on August 22, 2013. As a result, the volatility value that the Company calculated may differ from the future volatility of the price of its shares of common stock.

	Upon the exercise of stock options, any consideration received and the amounts previously recorded under stock-based compensation are credited to share capital. Upon the issuance of shares resulting from share awards, amounts previously recorded under stock options-based compensation are credited to share capital.

	Comprehensive Income (Loss)

	The Company adopted ASC 220-10, "Reporting Comprehensive Income," (formerly SFAS No. 130). ASC 220-10 requires the reporting of comprehensive income in addition to net income from operations.

	Comprehensive income is a more inclusive financial reporting methodology that includes disclosure of information that historically has not been recognized in the calculation of net income.

	Cash and Cash Equivalents

	The Company considers all highly liquid debt instruments and other short-term investments with maturity of three months or less, when purchased, to be cash equivalents.

	The Company maintains cash and cash equivalent balances at one major Canadian bank.

	Exploration Tax Credits

	The Company is entitled to certain exploration tax credits for the exploration expenditures they have incurred from the Canadian federal government and the government of the Province of Quebec. Some of the tax credits available from the Province of Quebec are in the form of cash. Qualifying expenditures include exploration costs and salaries to conduct the activities of the Company. During the year ended December 31, 2012, the Company received $108,284 in tax credits for qualifying expenditures. During the year ended December 31, 2013, the Company received $111,095 in tax credits for qualifying expenditures. During the six months ended June 30, 2014, the Company received no tax credits for qualifying expenditures. The Company's policy is to record the tax credits when received rather than when applied for. Research tax credits must be reviewed and approved by the appropriate tax authorities when applied and it is possible that the amounts granted may differ from the amounts applied for.

	Fixed Assets

	Fixed assets are stated at cost, less accumulated depreciation. Depreciation will be provided using the straight-line method over the estimated useful lives of the related assets when those assets are placed into service. Costs of maintenance and repairs will be charged to expense as incurred.

	Trade and Other Payables

	Trade and other payables and accrued liabilities are obligations to pay for goods or services that have been acquired in the normal course of business. Trade and other payables and accrued liabilities are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

	Asset Retirement Obligations

	The Company is subject to environmental laws and regulations enacted by Canadian federal and provincial authorities. As of the reporting date, management believes that the Company's operations are in compliance with current laws and regulations. To take account of estimated cash flows required to settle the obligations arising from environmentally acceptable closure plans (such as dismantling and demolition of infrastructures, removal of residual matter and site restoration), provisions are recognized in the year that the harm to the environment occurs, that is when the Company has an actual obligation resulting from harm to the environment, it is likely that an outflow will be required in settlement of the obligation and the obligation is reasonably determinable. These provisions are determined on the basis of the best estimates of future costs, based on information available on the reporting date. Best estimates of future costs are the amount the Company would reasonably pay to settle its obligation on the closing date or to transfer it to a third party on the same date. Future costs are discounted using pre-tax rates that reflect current market assessments of the time value of money and the risks specific to the liability. A corresponding asset is recognized in property, plant and equipment when establishing the provision.

The asset retirement obligation is reviewed quarterly to reflect changes in the estimated outflow of resources as a result of changes in obligations or legislation, changes in the current market-based discount rate or an increase that reflects the passage of time. The accretion expense is recognized in net earnings as a finance expense as incurred. The cost of the related asset is adjusted to reflect changes (other than accretion) in the reporting period.

Recoverability of Long-Lived Assets

The Company reviews the recoverability of long-lived assets on a periodic basis whenever events and changes in circumstances have occurred which may indicate a possible impairment. The assessment for potential impairment will be based primarily on the Company's ability to recover the carrying value of its long-lived assets from expected future cash flows from its operations on an undiscounted basis. If such assets are determined to be impaired, the impairment recognized is the amount by which the carrying value of the assets exceeds the fair value of the assets. Fixed assets to be disposed of by sale will be carried at the lower of the then current carrying value or fair value less estimated costs to sell.

Fair Value of Financial Instruments

The carrying amount reported in the consolidated balance sheets for cash and cash equivalents, accounts payable, and accrued expenses approximate fair value because of the immediate or short-term maturity of these financial instruments. The Company does not utilize derivative instruments.

Derivative Financial Instruments

The Company does not use derivative instruments to hedge exposures to cash flow, market or foreign currency risks. The Company evaluates all of its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period.

The accounting treatment of derivative financial instruments requires that the Company record the conversion option and related warrants at their fair values as of the inception date of the agreements, and at fair value as of each subsequent balance sheet date. As a result of entering into the convertible notes, the Company is required to classify certain non-employee warrants as derivative liabilities and record them at their fair values at each balance sheet date. Any change in fair value was recorded as a change in the fair value of derivative liabilities for each reporting period at each balance sheet date. The Company reassesses the classification at each balance sheet date. If the classification changes as a result of events during the period, the contract is reclassified as of the date of the event that caused the reclassification.

The fair value of conversion options at a fixed number of shares are recorded using the intrinsic value method. Conversion options at variable rates and any options and warrants with ratchet provisions are deemed to contain a "down-round protection". Accordingly, they do not meet the scope exception for treatment as a derivative under ASC 815 since "down-round protection" is not an input into the calculation of the fair value of the equity instruments and cannot be considered "indexed to the Company's own stock", which is a requirement for the scope exception as outlined under ASC 815.

The Company signed convertible notes and warrants and has determined that a conversion option is embedded in the note and it is required to bifurcate the conversion option from the host contract under ASC 815 and account for the derivatives at fair value. The estimated fair value of the conversion option was determined using the binomial model. The fair value of the conversion option will be classified as a liability until the debt is converted by the note holders or paid back by the Company. The fair value will be affected by changes in inputs to that model including our stock price, expected stock price volatility, the contractual term, and the risk-free interest rate. The Company will continue to classify the fair value of the conversion option as a liability until the conversion option is exercised, expires or is amended in a way that would no longer require these conversion options to be classified as a liability, whichever comes first. The Company has adopted a sequencing policy that reclassifies contracts (from equity to assets or liabilities) with the most recent inception date first. Thus any available shares are allocated first to contracts with the most recent inception dates.

For the binomial lattice options pricing model, the Company used the following assumptions and weighted average fair value ranges as at the transaction date, April 28, 2014, and for the period ended June 30, 2014:

Convertible Notes:	28-Apr-14	30-Jun-14

Risk free interest rate	0.06%	0.05%
Dividend yield	N/A	N96.02%/A
Volatility	86.31%

Warrants:	28-Apr-14	30-Jun-14

Risk free interest rate	0.14%	0.14%
Dividend yield	N/A	N/A
Volatility	97.33%	105.24%

Income Taxes

The Company uses the liability method of accounting for income taxes under which deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted or substantially enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized as part of the provision for income taxes in the period that includes the enactment date. Deferred tax liabilities are always provided for in full. Deferred tax assets are recognized to the extent that it is probable that they will be able to be utilized against future taxable income. Deferred tax assets and liabilities are offset only when the Company has a right and intention to set off current tax assets and liabilities from the same taxation authority. Valuation allowances are established, when necessary, to reduce deferred tax assets to amounts that are expected to be realized.

The Company accounts for income taxes pursuant to the provision of ASC 740-10, "Accounting for Income Taxes" ("ASC 740-10") which requires, among other things, an asset and liability approach to calculating deferred income taxes. The asset and liability approach requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax bases of assets and liabilities. A valuation allowance is provided to offset any net deferred tax assets for which management believes it is more likely than not that the net deferred asset will not be realized.

The Company follows the provision of ASC 740-10 related to Accounting for Uncertain Income Tax Position. When tax returns are filed, there may be uncertainty about the merits of positions taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions.

Tax positions that meet the more likely than not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above should be reflected as a liability for uncertain tax benefits in the accompanying balance sheet along with any associated interest and penalties that would be payable to the taxing authorities upon examination. The Company believes its tax positions are all highly certain of being upheld upon examination. As such, the Company has not recorded a liability for uncertain tax benefits.

The Company has adopted ASC 740-10-25, "Definition of Settlement", which provides guidance on how an entity should determine whether a tax position is effectively settled for the purposes of recognizing previously unrecognized tax benefits and provides that a tax position can be effectively settled upon the completion and examination by a taxing authority without being legally extinguished. For tax positions considered effectively settled, an entity would recognize the full amount of tax benefit, even if the tax position is not considered more likely than not to be sustained based solely on the basis of its technical merits and the statute of limitations remains open. The federal and state income tax returns of the Company are subject to examination by the IRS and state taxing authorities generally for three years after they were filed.

Revenue Recognition

The Company will generate revenues from the sale of precious metals mined from its Property. Revenue from the sale of precious metals, namely gold, silver and mica, will be recognized upon delivery of the precious metals, collection is probable, the fee is fixed or determinable and the Company has transferred to the buyer the significant risks and rewards of ownership of the precious metals supplied. Significant risks and rewards are generally considered to be transferred to the buyer when the customer has taken undisputed delivery of the precious metals.

Loss Per Share of Common Stock

Basic net loss per share ("Basic EPS") is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding for the period.

Diluted earnings per share is computed by dividing adjusted net income available to common shareholders by the weighted average number of common shares outstanding adjusted for the effects of all dilutive common share issuances. Dilutive common share issuances shall be deemed to have been converted into ordinary shares at the beginning of the period.

For the purpose of calculating diluted earnings per share, the Company shall assume the exercise of dilutive stock options and warrants. The assumed proceeds from these instruments shall be regarded as having been received from the issue of common shares at the average market price of common shares during the period. Dilutive common share issuances are not included in the computation of diluted earnings per share when the Company reports a loss because to do so would be anti-dilutive for the periods presented.

The following is a reconciliation of the computation for basic and diluted EPS:


		Six Months Ended
		June 30,			June 30,
		2014			2013

Net loss		$	(1,078,536	)	$	(1,425,218	)

Weighted-average common shares
outstanding (Basic)			95,051,967			88,480,800


Weighted-average common shares
Equivalent
Convertible notes			693,750			-
Stock options			633,000			-
Warrants			1,540,625			-


Weighted-average common shares
outstanding (Diluted)			97,919,342			88,480,800


Recent Issued Accounting Standards

During June 2014, the FASB issued an Accounting Standards Update No. 2014-10, "Development Stage Entities (Topic 915) - Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation ("ASU 2014-10")". The objective of ASU 2014-10 is to improve financial reporting by reducing the cost and complexity associated with the incremental reporting requirements for development stage entities. ASU 2014-10 is effective for annual reporting periods beginning after December 15, 2014, and interim periods therein. The Company has elected early implementation, as permitted by the standard, for the interim period ending June 30, 2014. All exploration stage language disclosures and amounts have been removed as a result of the adoption of ASU 2014-10.

During July 2013, the FASB issued an Accounting Standards Update No. 2013-11, "Income Taxes (Topic 740) - Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists ("ASU 2013-11")". The objective of ASU 2013-11 is to clarify the financial presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The assessment of whether a deferred tax asset is available is based on the unrecognized tax benefit and deferred tax asset that exist at the reporting date and should be made presuming disallowance of the tax position at the reporting date. ASU 2013-11 is effective for fiscal years, and interim periods within those years beginning after December 15, 2013. The Company does not expect that the adoption of ASU 2013-11 will have a significant impact on the presentation of its financial statements.

In July 2012, the FASB issued ASU 2012-02, Intangibles - Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment, on testing for indefinite-lived intangible assets for impairment. The new guidance provides an entity to simplify the testing for a drop in value of intangible assets such as trademarks, patents, and distribution rights. The amended standard reduces the cost of accounting for indefinite-lived intangible assets, especially in cases where the likelihood of impairment is low. The changes permit businesses and other organizations to first use subjective criteria to determine if an intangible asset has lost value. The amendments to U.S. GAAP will be effective for fiscal years starting after September 15, 2012. The Company's adoption of this accounting guidance does not have a material impact on the consolidated financial statements and related disclosures.

There were other updates recently issued, most of which represented technical corrections to the accounting literature or application to specific industries and are not expected to have a material impact on the Company's financial position, results of operations or cash flows.

MINING_RIGHTS

MINING RIGHTS	6 Months Ended
	Jun. 30, 2014
MINING RIGHTS [Abstract]	'
MINING RIGHTS	'
	NOTE 3-	MINING RIGHTS

	The Company acquired ten (10) mining claims, which became fifteen (15) mining claims under new government regulations, on June 9, 2011 through the issuance of 5,000,000 common shares with a valuation of $15,000. The mining claims are located in the Montauban and Chavigny townships near Grondines-West in the Portneuf County of Quebec, Canada ("Montauban Mine Property" or "Property").

	On October 30, 2013 and November 27, 2013, the Company entered into binding agreements for the asset acquisitions of an undivided one hundred percent (100%) interest in certain mineral claims and mining assets located in the Province of Quebec's Montauban and Chavigny townships near Grondines West, in the county of Portneuf, specifically Mining Lease BM 748 and Mining Concession CM 410. The purchase price was CDN$75,000 together with the issuance of 1,050,000 common shares of the Company. The common shares for the acquisition were valued at their fair market value on the day they were issued which totaled $496,860. In connection with the asset purchase, the Company also issued 40,000 shares of common stock to a former supplier of the vendor for mining related information of the assets purchased valued at $20,000 along with cash consideration of CDN$20,000. The total cost of the acquisition amounted to $612,431. The Company had been awaiting confirmation of the contemplated transaction from a bankruptcy court in Montreal, Quebec overviewing the financial restructuring of the vendor. The bankruptcy court approved the transaction on April 17, 2014 and has been included in mining rights on the consolidated balance sheet as at June 30, 2014.

	On January 10, 2014, the Company entered into an asset purchase agreement for an undivided one hundred percent (100%) interest in certain mineral claims located in the Province of Quebec's Montauban and Chavigny townships near Grondines West, in the county of Portneuf, including claims, rights, concessions and leases. The purchase price was CDN$70,000, 1,000,000 common shares of the Company and a one percent (1%) net smelter return ("NSR"). The Company paid CDN$10,000 upon the signing of the asset purchase agreement with the cash balance due, along with the common shares, upon the closing of the asset purchase agreement and transfer of the mineral claims in the name of the Company. The transfer of the mineral claims was completed in February 2014 whereby the remaining cash balance due and the common shares were released to the vendor. The common shares for the acquisition will be valued at their fair market value on the day they were issued which totaled $340,000. The total cost of the acquisition amounted to $403,840.

	On April 14, 2014, the Company entered into an asset purchase agreement for an undivided one hundred percent (100%) interest in fifty seven (57) mining claims located in the Province of Quebec's Montauban and Chavigny townships near Grondines West, in the county of Portneuf. The purchase price was CDN$5,000 (U.S.$4,547). The transfer of the mining claims has been completed by the Province of Quebec in the name of the Company.


	Total mining rights as of June 30, 2014 and December 31, 2013 were as follows:

			June 30,		December 31,
			2014		2013

	Mining rights			1,035,818		15,000

ACQUISITION

ACQUISITION	6 Months Ended
	Jun. 30, 2014
ACQUISITION [Abstract]	'
ACQUISITION	'
	NOTE 4-	ACQUISITION

	On June 20, 2014, DNA Crypto Corp . ("DNAC"), a wholly -owned subsidiary of DNA Precious Metals, Inc. , signed a definitive asset purchase agreement with Lynx Mining LLC, a Texas limited liability company ("Lynx"), whereby DNAC acquired the assets of Lynx, being its intellectual property rights. As part of the asset purchase agreement, DNAC issued 4.9 million shares of its common stock to Lynx Mining LLC. Following the issuance of the DNAC common stock, DNA Precious Metals, Inc. owns 5.1 million shares (51%) of the outstanding shares of common stock of DNAC and Lynx owns 4.9 million shares (49%) of DNAC common stock. The issuance of the 10 million shares represents 100% of DNAC's authorized common stock. Lynx's contribution of all of its intellectual property rights is in connection with the design of proprietary software to mine bitcoins. Lynx has developed formulas for how much hashing power must be added to negate the decreased Bitcoin generation.

	The intellectual property rights acquired from Lynx did not have significant value as Lynx itself was a start-up entity and there had not been any significant amounts expensed by Lynx to design the proprietary software. The 4.9 million shares of DNAC issued to Lynx was for the proprietary software and has been valued at $10,000 as of the acquisition date which represents the approximate cost the individual owners of Lynx expended to develop the software.

	From June 3, 2014 to June 30, 2014, aside from the asset purchase agreement, there have been no transactions in DNAC as operations have not yet commenced. As a result, there is no non-controlling interest shown on the consolidated statement of operations.

	On August 1, 2014, DNAC entered into an updated Asset Purchase Agreement ("Agreement") with Lynx Mining LLC. The Agreement rescinds the prior Asset Purchase Agreement entered into between DNAC and Lynx dated June 20, 2014. The updated Agreement takes into account funding obligations by DNA Precious Metals, Inc. into DNAC. The accounting for DNAC as at and for the period ended June 30, 2014 remains the same as stipulated in the original Asset Purchase Agreement dated June 20, 2014.

CONVERTIBLE_NOTES_AND_DERIVATI

CONVERTIBLE NOTES AND DERIVATIVE LIABILITIES	6 Months Ended
CONVERTIBLE NOTES AND DERIVATIVE LIABILITIES	Jun. 30, 2014
CONVERTIBLE NOTES AND DERIVATIVE LIABILITIES [Abstract]	'
CONVERTIBLE NOTES AND DERIVATIVE LIABILITIES	'
	NOTE 5-	CONVERTIBLE NOTES AND DERIVATIVE LIABILITIES

	On April 28, 2014, the Company entered into a Securities Purchase Agreement ("SPA"), with a U.S.-based private equity fund, under which the Company issued a Secured Convertible Promissory Note (the "Convertible Note") in the amount of $552,500. The Convertible Note includes an original issue discount of $50,000 ("OID"), calculated at 10% of the principal amount ($500,000), plus an additional $2,500 ("Transaction Expense Amount") to cover the investor's due diligence and legal fees in connection therewith. The principal amount will be paid to the investor in six (6) tranches of an initial amount under the Convertible Note of $250,000 and five (5) additional amounts of $50,000, with each of the additional amounts represented by Investor Notes (the Convertible Note and the Investor Notes are collectively referred to herein as the "Notes"). The initial $250,000 in cash was paid to the Company on April 29, 2014. Payment of the Notes will be made on a monthly basis, beginning six months after the issue date when the Company received the initial $250,000, in the amount of $34,531 per month plus all accrued but unpaid interest and other costs, fees or charges payable, for sixteen (16) months until the balance is paid in full. The Notes are convertible into common stock, at the option of the investor, at a price of $0.40 per share subject to adjustment in the case of a default, reorganization or recapitalization. In the event the Company elects to prepay all or any portion of the Notes, the Company is required to pay to the investor an amount in cash equal to 125% of the outstanding balance of the Notes, plus accrued interest and any other amounts owing. Interest accrues at the rate of 10% per annum. If the Company fails to repay the Notes when due, or if other events of default thereunder apply, a default interest rate of 22% per annum will apply. In addition, if the Company fails to issue stock to the investor within three trading days of receipt of a notice of conversion, the Company must pay a penalty equal to the greater of greater of $500 per day and 2% of the applicable conversion amount or installment amount, as applicable (but, in any event, the cumulative amount of such late fees shall not exceed the applicable conversion amount or installment amount). The Notes are secured by an interest in all right, title, interest, claims and demands of the Company in and to the property described in the Security Agreement, and all replacements, proceeds, products, and accessions thereof. The Notes are convertible into shares of our common stock in six tranches, consisting of (i) an initial tranche in an amount equal to $277,500 and any interest, costs, fees or charges accrued thereon or added thereto under the terms of this Note and the other Transaction Documents (as defined in the Securities Purchase Agreement), and (ii) five (5) additional tranches, each in the amount of $55,000, plus any interest, costs, fees or charges accrued thereon or added thereto under the terms of this Note and the other Transaction Documents. Except in the case of a Company default, the Notes are convertible by the investor at a price of $.40 per share. Concurrently with the Securities Purchase Agreement, the Company also issued to the investor warrants (the "Warrants") to purchase 690,625 shares of the Company's common stock at an exercise price of $.75 per share subject to adjustment as more fully set forth in the warrant agreement. The Warrants also contains a cashless exercise provision. The Warrants are for a term of two (2) years.

	In accordance with Financial Accounting Standards Board ("FASB") ASC 815, Derivatives and Hedging, the embedded conversion option in the Convertible Note, as well as the Warrants issued by the Company, are required to be accounted for as derivative instrument liabilities. Such liabilities are initially and continuously carried at fair value with changes in their fair value reported in income in each reporting period. Accounting for the conversion option in the Convertible Note and for the Warrants as derivative instruments is required because both the Convertible Note and the Warrants have down-round anti-dilution protection, or ratchet exercise prices, whereby the conversion or exercise price is reduced if the Company subsequently issues common stock, convertible securities or stock options or stock warrants at a lower price or with a lower exercise or conversion price. Such a provision is inconsistent with the "fixed for fixed" nature of an equity option and therefore the instruments do not meet one of the required tests for equity classification. In addition, because the Convertible Note and the Warrants are denominated in a currency (U.S. dollars) that is different from the Company's functional currency (Canadian dollars), they do not meet the test of being indexed only to the Company's common stock. When one or more instruments are accounted for as derivative liabilities at fair value, the proceeds received are first allocated to the initial fair value of those derivative instruments, with any remaining proceeds allocated to the initial carrying value of the Convertible Note, which is accounted for at amortized cost. Interest is accrued on the initial carrying value of the Convertible Note at whatever effective interest rate is required in order to equate the present value of the expected future cash flows associated with the Convertible Note with their initial carrying value. Stated interest on the Note (10% per annum) is not accrued separately but is included in the effective interest rate on the Convertible Note.

	The fair value of the embedded conversion option in the Note and the fair value of the Warrants have been calculated using the call option value output from a binomial Lattice model. A binomial Lattice model assumes that the price of the stock that underlies an option follows a probability distribution in which the underlying event only has one of two possible outcomes - the market price of the stock can either go up or go down in the future. The Lattice valuation model takes into account all of the assumptions that market participants would likely consider in negotiating the transfer of the embedded conversion option and the Warrants, namely, stock price, exercise price, time to expiration, volatility, risk-free rate and dividends.

	On April 28, 2014, the Convertible Note was issued as follows:

	Total Convertible Note		$	552,500
	Legal fees			( 2,500	)
	Original Issue Discount			( 50,000	)

	Net Convertible Note		$	500,000


	Of the $500,000, the Company received net proceeds of $222,500 (after payment of legal fees of $2,500 and consideration of the original issue discount of $25,000). A total of $250,000 has yet to be funded as of June 30, 2014.

	As at April 28, 2014, the allocation of the debt facility was as follows:

	Cash		$	222,500
	Investor notes receivable			250,000
	Assets recorded			472,500

	Derivative Liabilities -
	Convertible notes - Investors			76,835
	Warrants - Investors			200,715
				277,550

	Convertible notes - Carrying value			58,541
	Non-convertible notes - Carrying value			136,409
				194,950

	Liabilities recorded		$	472,500

	The Company remains obligated, as at June 30, 2014, for the contractual balance of the Convertible Note of $277,500.

	The effective interest expense for the Convertible Note for the period ended June 30, 2014 was $40,172 and the interest earned on the Investor Note for the period ended June 30, 2014 was $4,444.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY

6 Months Ended

Jun. 30, 2014

STOCKHOLDERS' EQUITY [Abstract]

STOCKHOLDERS' EQUITY

NOTE 6-

STOCKHOLDERS' EQUITY

Preferred Stock

The Company was established on June 2, 2006 with 10,000,000 shares of preferred stock authorized with a par value of $0.001. The Company has not issued any preferred stock.

Common Stock

The Company was established on June 2, 2006 with 100,000,000 shares of common stock authorized with a par value of $0.001. On December 8, 2011, the Company amended the authorized stock to 150,000,000 shares.

At incorporation, the Company issued 40,000,000 shares of common stock to the Company's founders at par value of $40,000 for services rendered by the founders.

In November 2010, the Company issued 20,000,000 shares of common stock for $60,000 to investors ($0.003 per share - 33 investors).

In 2011, the Company issued:

5,000,000 shares of common stock on June 9, 2011 to acquire mining rights at a value of $15,000 which represented a per share value of $0.003 which was the price used in the November 2010 private placement. There was no change in the valuation of the Company from November 2010 to June 2011, therefore the same price was used;

5,000,000 shares of common stock on June 13, 2011 to board members for services at a value of $15,000 which represented a per share value of $0.003 which was the price used in the November 2010 private placement. There was no change in the valuation of the Company from November 2010 to June 2011, therefore the same price was used;

1,000,000 shares of common stock on June 13, 2011 for payment of interest on the promissory note of $3,000 which represented a per share value of $0.003 which was the price used in the November 2010 private placement. There was no change in the valuation of the Company from November 2010 to June 2011, therefore the same price was used;

3,350,000 shares of common stock from June 27, 2011 through October 20, 2011 for cash under a private placement. The Company issued the private placement at $0.20 per share to reflect the recent activity. There was no independent valuation report. The Company raised $670,000 for the shares of common stock.

1,500,000 shares of common stock on September 19, 2011 under employment agreements for a value of $300,000. The $0.20 value is the same value the Company used in raising funds under their private placement, and there were no changes to that value; and

250,000 shares of common stock on October 20, 2011 to a consultant who assisted on the engineering of the building for a value of $0.20 per share amounting to $50,000. The $0.20 value is the same value the Company used in raising funds under their private placement, and there were no changes to that value

The methodologies, approaches and assumptions that the Company used are consistent with the American Institute of Certified Public Accountants, "Practice Guide on Valuation of Privately-Held Company Equity Securities Issued as Compensation", considering numerous objective and subjective factors to determine common stock fair market value at each issuance date, including but not limited to the following factors: (a) arm's length private transactions; (b) shares issued for cash as a basis to determine the value for shares issued for services to non-related third parties; and (c) fair value of service provided to non-related third parties as a basis to determine value per share. With respect to the sale of the securities identified above, the Company has relied on the exemption provisions of Section 4(2), Regulation S or Section 3(a) 10 of the Securities Act of 1933, as amended. The sale was made to a sophisticated or accredited investor, as defined in Rule 502, or were issued pursuant to a specific exemption.

In 2012, the Company issued:

6,924,000 shares of common stock from September 1, 2012 to December 31, 2012 for $1,731,000 through an S-1 registration statement at $0.25 per share.

In 2013, the Company issued:

1,576,000 shares of common stock from January 1, 2013 to February 28, 2013 for $394,000 through an S-1 registration statement at $0.25 per share. The shares were issued to thirteen different shareholders.

928,000 shares of common stock to nine different shareholders who purchased $232,000 through an S-1 registration statement at $0.25 per share at the end of December 2012. These shares were reflected as a liability for stock to be issued at December 31, 2012. The balance as of March 31, 2013 is $0.

2,500,000 shares of common stock on March 4, 2013 pursuant to an executed agreement with 754 2542 Canada Inc. to convert all amounts owing them, CDN$500,000 face value of the promissory note at $0.20 per share. The original promissory note executed between the parties was dated May 13, 2011. This exchange resulted in a loss on conversion of $125,000 and this is reflected in the consolidated statements of operations and comprehensive loss for the year ended December 31, 2013.

5,000,000 shares of common stock on March 15, 2013 to new Officers of the Company, pursuant to employment agreements, for value at $0.25 per share representing a total compensation expense of $1,250,000. 2,000,000 shares, valued at $500,000, vest immediately and 3,000,000 shares, valued at $750,000, vest quarterly over one year and are reflected as deferred compensation. As of December 31, 2013, $187,500 is reflected as deferred compensation on the consolidated balance sheet.

1,500,000 shares of common stock were cancelled on March 28, 2013.

200,000 shares of common stock pursuant to legal services rendered and 200,000 shares of common stock for investor relations valued at $126,000.

1,700,000 shares of common stock were cancelled on June 11, 2013.

2,208,000 shares of common stock from August 30, 2013 through October 16, 2013 for cash consideration of $523,564 (CDN$552,000) under a private placement. The Company issued the private placement at $0.25 per share.

On October 30, 2013 and November 27, 2013, the Company entered into binding agreements for the asset acquisitions of an undivided one hundred percent (100%) interest in certain mineral claims and mining assets located in the Province of Quebec's Montauban and Chavigny townships near Grondines West, in the county of Portneuf, specifically Mining Lease BM 748 and Mining Concession CM 410. The purchase price was CDN$75,000 together with the issuance of 1,050,000 common shares of the Company. The common shares for the acquisition were valued at their fair market value on the day they were issued which totaled $496,860.

In connection with the asset purchase, the Company also issued 40,000 shares of common stock to a former supplier of the vendor for mining related information of the assets purchased valued at $20,000 along with cash consideration of CDN$20,000.

On November 26, 2013, the Company issued 500,000 common stock shares for investor relations. The common shares were valued at $224,900 representing their fair value on November 26, 2013.

On December 9, 2013, 50,000 options were exercised by a Director of the Company, at an exercise price of $0.25, for total proceeds of $12,500. The $0.25 exercise price was in accordance with the Company's Stock Incentive Plan.

On December 23, 2013, the Company closed a flow-through financing transaction for $472,217 (CDN$500,000) from investors in exchange for 1,000,000 common stock shares and 500,000 warrants. The warrants are exercisable at $0.75 and expire in 2 years. Under Canadian law, the Company also paid finders' fees of $50,000 in cash and 100,000 warrants that are exercisable at $0.50 and expire in 2 years. The flow-through financing requires the Company to spend substantially all of the funds raised on specific mining exploration activities.

In 2014, the Company issued:

On January 10, 2014, the Company entered into an asset purchase agreement for an undivided one hundred percent (100%) interest in certain mineral claims located in the Province of Quebec's Montauban and Chavigny townships near Grondines West, in the county of Portneuf, including claims, rights, concessions and leases. The purchase price was CDN$70,000, 1,000,000 common shares of the Company and a one percent (1%) net smelter return ("NSR"). The common shares for the acquisition will be valued at their fair market value on the day they were issued which totaled $340,000.

On February 19, 2014, Ronald K. Mann, the Company's Chief Executive Officer and President, resigned his position. In connection with the departure, 1,500,000 vested common shares that he received as compensation were returned to the Company.

On March 4, 2014, 50,000 stock options were exercised by a Director of the Company, at an exercise price of $0.25, for total proceeds of $12,500. The $0.25 exercise price was in accordance with the Company's Stock Incentive Plan.

On June 3, 2014, the Company issued 400,000 shares for investor relations. The common shares were valued at $121,500 representing their fair value on June 3, 2014.

On March 17, 2014, the Company increased the authorized amount of common stock from 150,000,000 common shares to 500,000,000 common shares. There were no changes to the authorized amount of preferred stock.

As of June 30, 2014, the Company has 95,026,000 shares of common stock issued and outstanding.

Stock Options

On August 12, 2013, the Company approved and enacted the 2013 Stock Incentive Plan (the "Plan"). Under the 2013 Stock Incentive Plan, the Company may grant options or share awards to its full-time employees, executive officers, directors and consultants up to a maximum of 8,000,000 common shares. Under the Plan, the exercise price of each option has been established at $0.25. Stock options vest as stipulated in the stock option agreement and their maximum term is 8 years.

The following table summarizes information about the Company's stock options as of June 30, 2014 and December 31, 2013:

30-Jun-14

31-Dec-13

Weigthed

average

Number of

exercise

Number of

exercise

options

price

options

price

Options outstanding, beginning of period

1,283,000

0.25

Granted

1,333,000

0.25

Exercised

(50,000

)

(0.25

)

(50,000

)

(0.25

)

Forfeited

(600,000

)

(0.25

)

Expired

633,000

0.25

1,283,000

0.25

The following table summarizes the ranges of exercise prices of outstanding and exercisable options held by officers and directors as of June 30, 2014:

30-Jun-14

Options Outstanding

Options Exercisable

Weigthed

average

Number of

remaining

exercise

Number of

remaining

exercise

options

life (years)

price

options

life (years)

price

$ 0.25

633,000

7.13

0.25

558,000

7.13

0.25

There were no stock options granted during the six months ended June 30, 2014. The fair value of the stock options granted during the year ended December 31, 2013 amounted to $239,930 and was determined using the Black-Scholes option-pricing model using the following weighted-average assumptions:

Risk-free interest rate

0.32%

Dividend yield

Volatility

152.50%

Expected life in years

2 years

Exercise price

0.25

Stock options-based compensation expense included in the condensed consolidated statements of operations and comprehensive loss for the six and three months ended June 30, 2014 and 2013 was $52,490 and $0, respectively, and $22,499 and $0, respectively.

Warrants

The following table summarizes the Company's share warrants outstanding as of June 30, 2014 and December 31, 2013:

30-Jun-14

31-Dec-13

Weighted

Weigthed

Weighted

Weigthed

average

Number of

remaining

exercise

Number of

remaining

exercise

warrants

life (years)

price

warrants

life (years)

price

Warrants outstanding, beginning of period

600,000

0.71

Granted

940,625

1.8

0.63

600,000

0.71

Exercised

Expired

Warrants outstanding, end of period

1,540,625

1.7

0.66

600,000

0.71

The following table summarizes the ranges of exercise prices of outstanding warrants as of June 30, 2014:

30-Jun-14

Warrants Outstanding

Weighted

Weigthed

average

Number of

remaining

exercise

options

life (years)

price

$ 0.30

250,000

0.9

0.3

$ 0.50

100,000

1.5

0.5

$ 0.75

1,190,625

1.8

0.75

1,540,625

1.7

0.66

FIXED_ASSETS

FIXED ASSETS	6 Months Ended
FIXED ASSETS	Jun. 30, 2014
FIXED ASSETS [Abstract]	'
FIXED ASSETS	'
	NOTE 7-	FIXED ASSETS

	Fixed assets consist of the following as of June 30, 2014 and December 31, 2013:

			Estimated	June 30,			December 31,
			Useful Lives	June 30,			December 31,
			(Years)	2014			2013
	Building		15	$	1,089,415		$	1,089,415
	Land				111,587			108,974
	Computers		5		5,867			4,424
	Office Equipment		5		14,711			14,711
	Mill Equipment		5		43,115			43,115
	Vehicle		5		25,127			25,127
	Asset related to retirement obligations		-		117,151			-
					1,406,973			1,285,766
	Less: accumulated depreciation				(15,331	)		(9,462	)
	Fixed assets, net			$	1,391,642		$	1,276,304

	As of June 30, 2014 and 2013, only the computers, office equipment and vehicle have been placed into service. Depreciation for the six and three months ended June 30, 2014 and 2013 was $5,797 and $4,343, respectively, and $2,141 and $2,952, respectively.

DEFERRED_FINANCING_FEES

DEFERRED FINANCING FEES	6 Months Ended
	Jun. 30, 2014
DEFERRED FINANCING FEES [Abstract]	'
DEFERRED FINANCING FEES	'
	NOTE 8-	DEFERRED FINANCING FEES

	Deferred finance fees result from the issuance of share warrants as finders' fees in connection with flow-through financing completed on December 23, 2013 and described in Note 4. The fair value of the warrants amounted to $25,431 and was determined using the Black-Scholes option-pricing model. The deferred financing fees are being amortized over the life of the warrants which is 2 years. Amortization of deferred financing fees for the six and three months ended June 30, 2014 and 2013 was $6,358 and $0, respectively, and $3,179 and $0, respectively.

PROVISION_FOR_INCOME_TAXES

PROVISION FOR INCOME TAXES	6 Months Ended
	Jun. 30, 2014
PROVISION FOR INCOME TAXES [Abstract]	'
PROVISION FOR INCOME TAXES	'
	NOTE 9-	PROVISION FOR INCOME TAXES

	As of June 30, 2014, there is no provision for income taxes, current or deferred.

	At December 31, 2013, the Company had a net operating loss carry forward in the approximate amount of $4,200,000 available to offset future taxable income through 2034. The Company has established a valuation allowance equal to the full amount of the deferred tax assets due to the uncertainty of the utilization of the operating losses in future periods.

PROMISSORY_NOTE

PROMISSORY NOTE	6 Months Ended
PROMISSORY NOTE	Jun. 30, 2014
PROMISSORY NOTE [Abstract]	'
PROMISSORY NOTE	'
	NOTE 10- PROMISSORY NOTE

	The Company entered into a promissory note with an investor on May 13, 2011 in the amount of CDN$500,000 that matures on May 31, 2014. The note had a default interest rate of 5% per annum should repayment not occur by the maturity date and the Company be in default of the promissory note agreement. In connection with the promissory note, the Company issued 1,000,000 shares of stock valued at CDN$3,000 in June 2011 for prepaid interest.

	On March 4, 2013, 754 2542 Canada Inc. executed an agreement with the Company whereby 754 2542 Canada Inc. agreed to accept 2,500,000 shares of common stock in satisfaction of all amounts due and owing 754 2542 Canada Inc. pursuant to the promissory note executed between the parties on May 13, 2011. As a result, the promissory note has been converted, and the Company recorded a loss on conversion of this note of $125,000 in the consolidated statement of operations in 2013.

COMMITMENTS

COMMITMENTS	6 Months Ended
COMMITMENTS	Jun. 30, 2014
COMMITMENTS [Abstract]	'
COMMITMENTS	'
	NOTE 11- COMMITMENTS

	The Company had the following financial commitments, represented by rental lease agreements, as of June 30, 2014:

		Year ending December 31,
	2014	$	16,520
	2015		22,493
	2016		22,493
	2017		22,493
	2018		22,493
		$	106,492

	Rent expense under the lease agreements for the six and three months ended June 30, 2014 and 2013 were $18,885 and $20,964, respectively, and $9,556 and $15,812, respectively.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
FAIR VALUE MEASUREMENTS	Jun. 30, 2014
FAIR VALUE MEASUREMENTS [Abstract]	'
FAIR VALUE MEASUREMENTS	'
	NOTE 12-	FAIR VALUE MEASUREMENTS

	The Company adopted certain provisions of ASC Topic 820. ASC 820 defines fair value, provides a consistent framework for measuring fair value under generally accepted accounting principles and expands fair value financial statement disclosure requirements. ASC 820's valuation techniques are based on observable and unobservable inputs. Observable inputs reflect readily obtainable data from independent sources, while unobservable inputs reflect our market assumptions. ASC 820 classifies these inputs into the following hierarchy:

	Level 1 inputs: Quoted prices for identical instruments in active markets.

	Level 2 inputs: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable.

	Level 3 inputs: Instruments with primarily unobservable value drivers.

	The following table represents the fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2014:


			Level 1		Level 2		Level 3		Total
	Cash		$	35,779		-		-	$	35,779
	Investor note receivable			-		-		254,444		254,444
	Convertible notes payable			-		-		86,214		86,214
	Non-convertible notes payable			-		-		148,908		148,908
	Derivative liabilities			-		-		366,398		366,398

	The derivative liabilities are measured at fair value using the binomial lattice options pricing model, and are classified within Level 3 of the valuation hierarchy. The following table sets forth a summary of the changes in the fair value of the Company's Level 3 financial liabilities that are measured at fair value on a recurring basis:

			Six months		Six Months
			Ended		Ended
			June 30,		June 30,
			2014		2013
	Fair value, beginning of period		$	-	$	-
	Derivative liabilities recorded during the			277,550		-
	period			277,550		-
	Reclassification to equity upon conversion of			-		-
	note			-		-
	Reclassification to equity upon amendment of			-		-
	notes and warrants			-		-
	Net unrealized (gain) loss on derivative			88,848		-
	financial instruments			88,848		-
	Fair value, end of period		$	366,398	$	-

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2014
SUBSEQUENT EVENTS [Abstract]	'
SUBSEQUENT EVENTS	'
	NOTE 13-	SUBSEQUENT EVENTS

	On August 6, 2014, the Company entered into an agreement with a U.S.-based private equity fund ("Investor") under which the Company issued an unsecured Convertible Note ("Convertible Note") in the principal amount of $250,000. The funds to be issued under the Convertible Note is $225,000 ("Consideration"). The Convertible Note includes an original issue discount of $25,000 ("OID"), calculated at 10% of the principal amount ($250,000). The initial Consideration paid to the Company on August 6, 2014 was $60,000. The Investor may pay additional Consideration to the Company in such amounts and at such dates as the Investor may choose in its sole discretion. The principal sum due to the Investor shall be prorated based on the Consideration actually paid by the Investor plus a 10% OID, as well as any other interest or fees, such that the Company is only required to repay the amounts funded and the Company is not required to repay any unfunded portions of the Convertible Note. The Company may repay the Convertible Note at any time on or before 90 days from the transaction date after which the Company may not make further payments on the Convertible Note prior to the Maturity Date without written approval from the Investor. If the Company makes a payment of Consideration on or before 90 days from the transaction date, the interest rate on that payment of Consideration shall be zero percent (0%). If the Company does not repay a payment of Consideration on or before 90 days from the transaction date, a one-time interest charge of 12% shall be applied to the principal amount. Any interest payable is in addition to the OID and that OID (or prorated OID, if applicable) remains payable regardless of time and manner of payment by the Company. The maturity date is two years from the transaction date of each payment ("Maturity Date") and is the date upon which the principal amount of the Convertible Note, as well as any unpaid interest and other fees, shall be due and payable. The Investor has the right, at any time after the transaction date, at its election, to convert all or part of the outstanding and unpaid principal amount and accrued interest (and any other fees) into fully paid and non-assessable shares of common stock of the Company. The conversion price is the lesser of $0.16 or 60% of the lowest trade price in the 25 trading days prior to the conversion. Unless otherwise agreed in writing by both parties, at no time will the Investor convert any amount of the Convertible Note into common stock that would result in the Investor owning more than 4.99% of the common stock outstanding of the Company. At all times that this Convertible Note is outstanding, the Company agrees to reserve at least 10,000,000 shares of common stock for conversion.

	On August 1, 2014, DNA Crypto Corp. ("DNAC") entered into an updated Asset Purchase Agreement ("Agreement") with Lynx Mining LLC, a Texas limited liability company ("Lynx"). The Agreement rescinds the prior Asset Purchase Agreement entered into between DNAC and Lynx dated June 20, 2014. The updated Agreement takes into account funding obligations by DNA Precious Metals, Inc. into DNAC. The accounting for DNAC as at and for the period ended June 30, 2014 remains the same as stipulated in the original Asset Purchase Agreement dated June 20, 2014. As part of the new Agreement and subsequent to its execution, the Company has remitted $11,000 to DNAC.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
Basis of Accounting	'
	Basis of Accounting

	These consolidated financial statements are prepared in conformity with United States generally accepted accounting principles ("U.S. GAAP") and are presented in U.S. dollars.
Exploration Stage Company	'
	Exploration Stage Company

	The Company is an exploration stage company as defined in ASC 915. The Company has made significant capital investments on a processing mill and related infrastructure pertaining to a mining site described earlier. The construction of the processing mill structure was commenced in the fourth quarter of fiscal 2012 and completed in the first quarter of fiscal 2013. Also, significant infrastructure work related to the processing mill has been completed.

	Presently, the infrastructure construction includes the foundation, a 16,000 sq./ft. steel structure building and water and power supply installations. The Company has completed all the access infrastructural work to the future site where the milling facilities will be located.

	On September 14, 2012, the Company received a Certificate of Authorization, from the Quebec Provincial Government, with respect to operating a gravitimetric circuit to process the mining residues, or tailings, located on the Montauban Mine Property. On March 13, 2014, the Company received another Certificate of Authorization, also from the Quebec Provincial Government, with respect to operating a cyanization circuit to process the mining residues located on the Montauban Mine Property. Previously, on February 28, 2014, the Company received approval, from the Quebec Provincial Government, for the Restoration Plan on the Montauban Mine Property which will be implemented subsequent to the Company's processing of the mining residues (tailings) on the site. The two (2) Certificates of Authorization issued to the Company will allow for the construction and installation of equipment facilities to recuperate mica (muscovite) and precious metals (gold and silver) from the mining residues (tailings) located on the Montauban Mine Property.

	Consequently, the primary objective will be to recuperate the mica and precious metals (gold and silver) from the mining residues. The recuperation of the precious metals from the mining residues will be less expensive than traditional mining operations primarily because the mining residues have already been crushed and grinded by prior mining companies.

	In accordance with ASU 2014-10 (see Recent Accounting Pronouncements), the Company has elected early adoption whereby, amounts and disclosures of the Company's exploration stage activities commencing with the period June 30, 2014 are no longer required to be presented. As a result, the Company removed this information.
Use of Estimates	'
	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 amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Estimates include but are not limited to stock-based compensation and tax valuation allowances.
Principles of Consolidation	'
	Principles of Consolidation

	The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, DNA Canada Inc. All intercompany transactions and accounts have been eliminated in consolidation.
Currency Translation	'
	Currency Translation

	The Company's functional currency is the Canadian dollar and its reporting currency is the United States dollar. Transactions denominated in the functional currency are converted into United States dollars using the exchange rate in effect at the date of the transaction or the average rate for the period in the case of revenue and expense transactions. Monetary assets and liabilities are re-valued into the reporting currency at each balance sheet date using the exchange rate in effect at the balance sheet date, with any resulting exchange gains or losses being credited or charged to accumulated other comprehensive income (loss). Non-monetary assets and liabilities are recorded in the reporting currency using the exchange rate in effect at the date of the transaction and are not revalued for subsequent changes in exchange rates.
Stock Options-Based Compensation	'
	Stock Options-Based Compensation

	The Company estimates the fair value of stock options-based payment awards made to officers and directors related to the Company's stock incentive plan, on the date of grant using an option-pricing model. The value of the portion of the award that is ultimately expected to vest is recognized as an expense ratably over the requisite service periods. The Company uses the Black-Scholes option pricing model to determine the fair value of the stock-based compensation that it grants to officers and directors. The Company is required to make certain assumptions in connection with this determination, the most important of which involves the calculation of volatility with respect to the price of its common stock. The computation of volatility is intended to produce a volatility value that is representative of the Company's expectations about the future volatility of the price of its common stock over an expected term. The Company used an estimate of its future share price to determine volatility and cannot predict how the price of its common shares of common stock will react on the open market in the future. Shares of the Company commenced trading on August 22, 2013. As a result, the volatility value that the Company calculated may differ from the future volatility of the price of its shares of common stock.

	Upon the exercise of stock options, any consideration received and the amounts previously recorded under stock-based compensation are credited to share capital. Upon the issuance of shares resulting from share awards, amounts previously recorded under stock options-based compensation are credited to share capital.
Comprehensive Income (Loss)	'
	Comprehensive Income (Loss)

	The Company adopted ASC 220-10, "Reporting Comprehensive Income," (formerly SFAS No. 130). ASC 220-10 requires the reporting of comprehensive income in addition to net income from operations.

	Comprehensive income is a more inclusive financial reporting methodology that includes disclosure of information that historically has not been recognized in the calculation of net income.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents

	The Company considers all highly liquid debt instruments and other short-term investments with maturity of three months or less, when purchased, to be cash equivalents.

	The Company maintains cash and cash equivalent balances at one major Canadian bank.
Exploration Tax Credits	'
	Exploration Tax Credits

	The Company is entitled to certain exploration tax credits for the exploration expenditures they have incurred from the Canadian federal government and the government of the Province of Quebec. Some of the tax credits available from the Province of Quebec are in the form of cash. Qualifying expenditures include exploration costs and salaries to conduct the activities of the Company. During the year ended December 31, 2012, the Company received $108,284 in tax credits for qualifying expenditures. During the year ended December 31, 2013, the Company received $111,095 in tax credits for qualifying expenditures. During the six months ended June 30, 2014, the Company received no tax credits for qualifying expenditures. The Company's policy is to record the tax credits when received rather than when applied for. Research tax credits must be reviewed and approved by the appropriate tax authorities when applied and it is possible that the amounts granted may differ from the amounts applied for.
Fixed Assets	'
	Fixed Assets

	Fixed assets are stated at cost, less accumulated depreciation. Depreciation will be provided using the straight-line method over the estimated useful lives of the related assets when those assets are placed into service. Costs of maintenance and repairs will be charged to expense as incurred.
Trade and Other Payables	'
	Trade and Other Payables

	Trade and other payables and accrued liabilities are obligations to pay for goods or services that have been acquired in the normal course of business. Trade and other payables and accrued liabilities are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.
Asset Retirement Obligations	'
	Asset Retirement Obligations

	The Company is subject to environmental laws and regulations enacted by Canadian federal and provincial authorities. As of the reporting date, management believes that the Company's operations are in compliance with current laws and regulations. To take account of estimated cash flows required to settle the obligations arising from environmentally acceptable closure plans (such as dismantling and demolition of infrastructures, removal of residual matter and site restoration), provisions are recognized in the year that the harm to the environment occurs, that is when the Company has an actual obligation resulting from harm to the environment, it is likely that an outflow will be required in settlement of the obligation and the obligation is reasonably determinable. These provisions are determined on the basis of the best estimates of future costs, based on information available on the reporting date. Best estimates of future costs are the amount the Company would reasonably pay to settle its obligation on the closing date or to transfer it to a third party on the same date. Future costs are discounted using pre-tax rates that reflect current market assessments of the time value of money and the risks specific to the liability. A corresponding asset is recognized in property, plant and equipment when establishing the provision.

	The asset retirement obligation is reviewed quarterly to reflect changes in the estimated outflow of resources as a result of changes in obligations or legislation, changes in the current market-based discount rate or an increase that reflects the passage of time. The accretion expense is recognized in net earnings as a finance expense as incurred. The cost of the related asset is adjusted to reflect changes (other than accretion) in the reporting period.
Recoverability of Long-Lived Assets	'
	Recoverability of Long-Lived Assets

	The Company reviews the recoverability of long-lived assets on a periodic basis whenever events and changes in circumstances have occurred which may indicate a possible impairment. The assessment for potential impairment will be based primarily on the Company's ability to recover the carrying value of its long-lived assets from expected future cash flows from its operations on an undiscounted basis. If such assets are determined to be impaired, the impairment recognized is the amount by which the carrying value of the assets exceeds the fair value of the assets. Fixed assets to be disposed of by sale will be carried at the lower of the then current carrying value or fair value less estimated costs to sell.
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments

	The carrying amount reported in the consolidated balance sheets for cash and cash equivalents, accounts payable, and accrued expenses approximate fair value because of the immediate or short-term maturity of these financial instruments. The Company does not utilize derivative instruments.
Derivative Financial Instruments	'
	Derivative Financial Instruments

	The Company does not use derivative instruments to hedge exposures to cash flow, market or foreign currency risks. The Company evaluates all of its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period.

	The accounting treatment of derivative financial instruments requires that the Company record the conversion option and related warrants at their fair values as of the inception date of the agreements, and at fair value as of each subsequent balance sheet date. As a result of entering into the convertible notes, the Company is required to classify certain non-employee warrants as derivative liabilities and record them at their fair values at each balance sheet date. Any change in fair value was recorded as a change in the fair value of derivative liabilities for each reporting period at each balance sheet date. The Company reassesses the classification at each balance sheet date. If the classification changes as a result of events during the period, the contract is reclassified as of the date of the event that caused the reclassification.

	The fair value of conversion options at a fixed number of shares are recorded using the intrinsic value method. Conversion options at variable rates and any options and warrants with ratchet provisions are deemed to contain a "down-round protection". Accordingly, they do not meet the scope exception for treatment as a derivative under ASC 815 since "down-round protection" is not an input into the calculation of the fair value of the equity instruments and cannot be considered "indexed to the Company's own stock", which is a requirement for the scope exception as outlined under ASC 815.

	The Company signed convertible notes and warrants and has determined that a conversion option is embedded in the note and it is required to bifurcate the conversion option from the host contract under ASC 815 and account for the derivatives at fair value. The estimated fair value of the conversion option was determined using the binomial model. The fair value of the conversion option will be classified as a liability until the debt is converted by the note holders or paid back by the Company. The fair value will be affected by changes in inputs to that model including our stock price, expected stock price volatility, the contractual term, and the risk-free interest rate. The Company will continue to classify the fair value of the conversion option as a liability until the conversion option is exercised, expires or is amended in a way that would no longer require these conversion options to be classified as a liability, whichever comes first. The Company has adopted a sequencing policy that reclassifies contracts (from equity to assets or liabilities) with the most recent inception date first. Thus any available shares are allocated first to contracts with the most recent inception dates.

	For the binomial lattice options pricing model, the Company used the following assumptions and weighted average fair value ranges as at the transaction date, April 28, 2014, and for the period ended June 30, 2014:

	Convertible Notes:	28-Apr-14	30-Jun-14

	Risk free interest rate	0.06%	0.05%
	Dividend yield	N/A	N96.02%/A
	Volatility	86.31%

	Warrants:	28-Apr-14	30-Jun-14

	Risk free interest rate	0.14%	0.14%
	Dividend yield	N/A	N/A
	Volatility	97.33%	105.24%
Income Taxes	'
	Income Taxes

	The Company uses the liability method of accounting for income taxes under which deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted or substantially enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized as part of the provision for income taxes in the period that includes the enactment date. Deferred tax liabilities are always provided for in full. Deferred tax assets are recognized to the extent that it is probable that they will be able to be utilized against future taxable income. Deferred tax assets and liabilities are offset only when the Company has a right and intention to set off current tax assets and liabilities from the same taxation authority. Valuation allowances are established, when necessary, to reduce deferred tax assets to amounts that are expected to be realized.

	The Company accounts for income taxes pursuant to the provision of ASC 740-10, "Accounting for Income Taxes" ("ASC 740-10") which requires, among other things, an asset and liability approach to calculating deferred income taxes. The asset and liability approach requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax bases of assets and liabilities. A valuation allowance is provided to offset any net deferred tax assets for which management believes it is more likely than not that the net deferred asset will not be realized.

	The Company follows the provision of ASC 740-10 related to Accounting for Uncertain Income Tax Position. When tax returns are filed, there may be uncertainty about the merits of positions taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions.

	Tax positions that meet the more likely than not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above should be reflected as a liability for uncertain tax benefits in the accompanying balance sheet along with any associated interest and penalties that would be payable to the taxing authorities upon examination. The Company believes its tax positions are all highly certain of being upheld upon examination. As such, the Company has not recorded a liability for uncertain tax benefits.

	The Company has adopted ASC 740-10-25, "Definition of Settlement", which provides guidance on how an entity should determine whether a tax position is effectively settled for the purposes of recognizing previously unrecognized tax benefits and provides that a tax position can be effectively settled upon the completion and examination by a taxing authority without being legally extinguished. For tax positions considered effectively settled, an entity would recognize the full amount of tax benefit, even if the tax position is not considered more likely than not to be sustained based solely on the basis of its technical merits and the statute of limitations remains open. The federal and state income tax returns of the Company are subject to examination by the IRS and state taxing authorities generally for three years after they were filed.
Revenue Recognition	'
	Revenue Recognition

	The Company will generate revenues from the sale of precious metals mined from its Property. Revenue from the sale of precious metals, namely gold, silver and mica, will be recognized upon delivery of the precious metals, collection is probable, the fee is fixed or determinable and the Company has transferred to the buyer the significant risks and rewards of ownership of the precious metals supplied. Significant risks and rewards are generally considered to be transferred to the buyer when the customer has taken undisputed delivery of the precious metals.
Loss Per Share of Common Stock	'
	Loss Per Share of Common Stock

	Basic net loss per share ("Basic EPS") is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding for the period.

	Diluted earnings per share is computed by dividing adjusted net income available to common shareholders by the weighted average number of common shares outstanding adjusted for the effects of all dilutive common share issuances. Dilutive common share issuances shall be deemed to have been converted into ordinary shares at the beginning of the period.

	For the purpose of calculating diluted earnings per share, the Company shall assume the exercise of dilutive stock options and warrants. The assumed proceeds from these instruments shall be regarded as having been received from the issue of common shares at the average market price of common shares during the period. Dilutive common share issuances are not included in the computation of diluted earnings per share when the Company reports a loss because to do so would be anti-dilutive for the periods presented.

	The following is a reconciliation of the computation for basic and diluted EPS:


			Six Months Ended
			June 30,			June 30,
			2014			2013

	Net loss		$	(1,078,536	)	$	(1,425,218	)

	Weighted-average common shares
	outstanding (Basic)			95,051,967			88,480,800


	Weighted-average common shares
	Equivalent
	Convertible notes			693,750			-
	Stock options			633,000			-
	Warrants			1,540,625			-


	Weighted-average common shares
	outstanding (Diluted)			97,919,342			88,480,800
Recent Issued Accounting Standards	'
	Recent Issued Accounting Standards

	During June 2014, the FASB issued an Accounting Standards Update No. 2014-10, "Development Stage Entities (Topic 915) - Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation ("ASU 2014-10")". The objective of ASU 2014-10 is to improve financial reporting by reducing the cost and complexity associated with the incremental reporting requirements for development stage entities. ASU 2014-10 is effective for annual reporting periods beginning after December 15, 2014, and interim periods therein. The Company has elected early implementation, as permitted by the standard, for the interim period ending June 30, 2014. All exploration stage language disclosures and amounts have been removed as a result of the adoption of ASU 2014-10.

	During July 2013, the FASB issued an Accounting Standards Update No. 2013-11, "Income Taxes (Topic 740) - Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists ("ASU 2013-11")". The objective of ASU 2013-11 is to clarify the financial presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The assessment of whether a deferred tax asset is available is based on the unrecognized tax benefit and deferred tax asset that exist at the reporting date and should be made presuming disallowance of the tax position at the reporting date. ASU 2013-11 is effective for fiscal years, and interim periods within those years beginning after December 15, 2013. The Company does not expect that the adoption of ASU 2013-11 will have a significant impact on the presentation of its financial statements.

	In July 2012, the FASB issued ASU 2012-02, Intangibles - Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment, on testing for indefinite-lived intangible assets for impairment. The new guidance provides an entity to simplify the testing for a drop in value of intangible assets such as trademarks, patents, and distribution rights. The amended standard reduces the cost of accounting for indefinite-lived intangible assets, especially in cases where the likelihood of impairment is low. The changes permit businesses and other organizations to first use subjective criteria to determine if an intangible asset has lost value. The amendments to U.S. GAAP will be effective for fiscal years starting after September 15, 2012. The Company's adoption of this accounting guidance does not have a material impact on the consolidated financial statements and related disclosures.

	There were other updates recently issued, most of which represented technical corrections to the accounting literature or application to specific industries and are not expected to have a material impact on the Company's financial position, results of operations or cash flows.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
Schedule of Assumptions Used	'
	For the binomial lattice options pricing model, the Company used the following assumptions and weighted average fair value ranges as at the transaction date, April 28, 2014, and for the period ended June 30, 2014:

	Convertible Notes:	28-Apr-14	30-Jun-14

	Risk free interest rate	0.06%	0.05%
	Dividend yield	N/A	N96.02%/A
	Volatility	86.31%

	Warrants:	28-Apr-14	30-Jun-14

	Risk free interest rate	0.14%	0.14%
	Dividend yield	N/A	N/A
	Volatility	97.33%	105.24%
Reconciliation of Computation for Basic and Diluted EPS	'
	The following is a reconciliation of the computation for basic and diluted EPS:


			Six Months Ended
			June 30,			June 30,
			2014			2013

	Net loss		$	(1,078,536	)	$	(1,425,218	)

	Weighted-average common shares
	outstanding (Basic)			95,051,967			88,480,800


	Weighted-average common shares
	Equivalent
	Convertible notes			693,750			-
	Stock options			633,000			-
	Warrants			1,540,625			-


	Weighted-average common shares
	outstanding (Diluted)			97,919,342			88,480,800

MINING_RIGHTS_Tables

MINING RIGHTS (Tables)	6 Months Ended
	Jun. 30, 2014
MINING RIGHTS [Abstract]	'
Schedule of Mining Rights	'
	Total mining rights as of June 30, 2014 and December 31, 2013 were as follows:

		June 30,		December 31,
		2014		2013

	Mining rights		1,035,818		15,000

CONVERTIBLE_NOTES_AND_DERIVATI1

CONVERTIBLE NOTES AND DERIVATIVE LIABILITIES (Tables)	6 Months Ended
CONVERTIBLE NOTES AND DERIVATIVE LIABILITIES (Tables)	Jun. 30, 2014
CONVERTIBLE NOTES AND DERIVATIVE LIABILITIES [Abstract]	'
Schedule of Convertible Note	'
	On April 28, 2014, the Convertible Note was issued as follows:

	Total Convertible Note	$	552,500
	Legal fees		( 2,500	)
	Original Issue Discount		( 50,000	)

	Net Convertible Note	$	500,000


	Of the $500,000, the Company received net proceeds of $222,500 (after payment of legal fees of $2,500 and consideration of the original issue discount of $25,000). A total of $250,000 has yet to be funded as of June 30, 2014.

	As at April 28, 2014, the allocation of the debt facility was as follows:

	Cash	$	222,500
	Investor notes receivable		250,000
	Assets recorded		472,500

	Derivative Liabilities -
	Convertible notes - Investors		76,835
	Warrants - Investors		200,715
			277,550

	Convertible notes - Carrying value		58,541
	Non-convertible notes - Carrying value		136,409
			194,950

	Liabilities recorded	$	472,500

STOCKHOLDERS_EQUITY_Tables

STOCKHOLDERS' EQUITY (Tables)	6 Months Ended
STOCKHOLDERS' EQUITY (Tables)	Jun. 30, 2014
STOCKHOLDERS' EQUITY [Abstract]	'
Schedule of Stock Option Activity	'
	The following table summarizes information about the Company's stock options as of June 30, 2014 and December 31, 2013:

			30-Jun-14								31-Dec-13
							Weigthed							Weigthed
							average							average
			Number of				exercise				Number of			exercise
			options				price				options			price

	Options outstanding, beginning of period			1,283,000			$	0.25				-		$	-
	Granted			-				-				1,333,000			0.25
	Exercised			(50,000	)			(0.25	)			(50,000	)		(0.25	)
	Forfeited			(600,000	)			(0.25	)			-			-
	Expired			-				-				-			-

				633,000				0.25				1,283,000			0.25
Summary of Outstanding and Exercisable Options by Price Range	'
	The following table summarizes the ranges of exercise prices of outstanding and exercisable options held by officers and directors as of June 30, 2014:

		30-Jun-14											30-Jun-14
		Options Outstanding											Options Exercisable
						Weigthed				Weigthed						Weigthed			Weigthed
						average				average						average			average
		Number of				remaining				exercise			Number of			remaining			exercise
		options				life (years)				price			options			life (years)			price

	$ 0.25	633,000				7.13			$	0.25			558,000			7.13		$	0.25
Schedule of Assumptions Used to Value Options	'
	There were no stock options granted during the six months ended June 30, 2014. The fair value of the stock options granted during the year ended December 31, 2013 amounted to $239,930 and was determined using the Black-Scholes option-pricing model using the following weighted-average assumptions:

	Risk-free interest rate			0.32%
	Dividend yield			-
	Volatility			152.50%
	Expected life in years		2 years
	Exercise price		$	0.25
Schedule of Warrant Activity	'
	The following table summarizes the Company's share warrants outstanding as of June 30, 2014 and December 31, 2013:

			30-Jun-14											31-Dec-13
							Weighted				Weigthed						Weighted			Weigthed
							average				average						average			average
			Number of				remaining				exercise			Number of			remaining			exercise
			warrants				life (years)				price			warrants			life (years)			price

	Warrants outstanding, beginning of period			600,000				2			$	0.71			-			-		$	-
	Granted			940,625				1.8				0.63			600,000			2			0.71
	Exercised			-				-							-			-
	Expired			-				-				-			-			-			-

	Warrants outstanding, end of period			1,540,625				1.7			$	0.66			600,000			2		$	0.71
Summary of Warrants Outstanding, by Price Range	'
	The following table summarizes the ranges of exercise prices of outstanding warrants as of June 30, 2014:

			30-Jun-14
			Warrants Outstanding
							Weighted				Weigthed
							average				average
			Number of				remaining				exercise
			options				life (years)				price

	$ 0.30			250,000				0.9				0.3
	$ 0.50			100,000				1.5			$	0.5
	$ 0.75			1,190,625				1.8				0.75

				1,540,625				1.7			$	0.66

FIXED_ASSETS_Tables

FIXED ASSETS (Tables)	6 Months Ended
FIXED ASSETS (Tables)	Jun. 30, 2014
FIXED ASSETS [Abstract]	'
Schedule of Fixed Assets	'
	Fixed assets consist of the following as of June 30, 2014 and December 31, 2013:

		Estimated	June 30,			December 31,
		Useful Lives	June 30,			December 31,
		(Years)	2014			2013
	Building	15	$	1,089,415		$	1,089,415
	Land			111,587			108,974
	Computers	5		5,867			4,424
	Office Equipment	5		14,711			14,711
	Mill Equipment	5		43,115			43,115
	Vehicle	5		25,127			25,127
	Asset related to retirement obligations	-		117,151			-
				1,406,973			1,285,766
	Less: accumulated depreciation			(15,331	)		(9,462	)
	Fixed assets, net		$	1,391,642		$	1,276,304

COMMITMENTS_Tables

COMMITMENTS (Tables)	6 Months Ended
COMMITMENTS (Tables)	Jun. 30, 2014
COMMITMENTS [Abstract]	'
Schedule of Financial Commitments	'
	The Company had the following financial commitments, represented by rental lease agreements, as of June 30, 2014:

		Year ending December 31,
	2014	$	16,520
	2015		22,493
	2016		22,493
	2017		22,493
	2018		22,493
		$	106,492

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
FAIR VALUE MEASUREMENTS (Tables)	Jun. 30, 2014
FAIR VALUE MEASUREMENTS [Abstract]	'
Fair Value Hierarchy for Those Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis	'
	The following table represents the fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2014:


		Level 1		Level 2		Level 3		Total
	Cash	$	35,779		-		-	$	35,779
	Investor note receivable		-		-		254,444		254,444
	Convertible notes payable		-		-		86,214		86,214
	Non-convertible notes payable		-		-		148,908		148,908
	Derivative liabilities		-		-		366,398		366,398
Summary of Changes in Fair Value of Level 3 Financial Liabilities	'
	The derivative liabilities are measured at fair value using the binomial lattice options pricing model, and are classified within Level 3 of the valuation hierarchy. The following table sets forth a summary of the changes in the fair value of the Company's Level 3 financial liabilities that are measured at fair value on a recurring basis:

		Six months		Six Months
		Ended		Ended
		June 30,		June 30,
		2014		2013
	Fair value, beginning of period	$	-	$	-
	Derivative liabilities recorded during the		277,550		-
	period		277,550		-
	Reclassification to equity upon conversion of		-		-
	note		-		-
	Reclassification to equity upon amendment of		-		-
	notes and warrants		-		-
	Net unrealized (gain) loss on derivative		88,848		-
	financial instruments		88,848		-
	Fair value, end of period	$	366,398	$	-

ORGANIZATION_AND_BASIS_OF_PRES1

ORGANIZATION AND BASIS OF PRESENTATION (Details)

1 Months Ended

2 Months Ended

3 Months Ended

4 Months Ended

5 Months Ended

6 Months Ended

7 Months Ended

Dec. 31, 2013

Nov. 30, 2010

Feb. 28, 2013

Jun. 30, 2014

Oct. 31, 2013

Jun. 30, 2013

Dec. 31, 2012

Jan. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2011

Dec. 31, 2013

USD ($)

CAD

USD ($)

CAD

USD ($)

Investor Warrants [Member]

ORGANIZATION AND BASIS OF PRESENTATION [Abstract]

Net loss

$482,440

$540,379

$1,078,536

$1,425,218

Cash provided by issuance of convertible note and exercise of stock options

235,000

394,000

Class of Stock [Line Items]

Proceeds from sale of common stock

$472,217

500,000

$523,564

552,000

$2,357,000

$670,000

Shares issued

1,000,000

20,000,000

1,576,000

2,208,000

6,924,000

9,428,000

Shares issued in private placement, shares

3,350,000

Warrants outstanding

500,000

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013	Dec. 31, 2012
	sqft	Jun. 30, 2013	sqft	Jun. 30, 2013	Dec. 31, 2013	Dec. 31, 2012
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'	'	'	'	'	'
Area Of Structure	16,000	'	16,000	'	'	'
Exploration tax credits received	'	'	'	'	$111,095	$108,284

SUMMARY_OF_SIGNIFICANT_ACCOUNT4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Assumptions) (Details)	6 Months Ended	120 Months Ended
	Jun. 30, 2014	Apr. 28, 2014
Convertible Debt [Member]	'	'
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]	'	'
Risk free interest rate	0.05%	0.06%
Dividend yield	'	'
Expected volatility	96.02%	86.31%
Warrant [Member]	'	'
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]	'	'
Risk free interest rate	0.14%	0.14%
Dividend yield	'	'
Expected volatility	105.24%	97.33%

SUMMARY_OF_SIGNIFICANT_ACCOUNT5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Earnings Per Share) (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'	'	'	'
Net loss	($482,440)	($540,379)	($1,078,536)	($1,425,218)
Weighted-average common shares outstanding (Basic)	'	'	95,051,967	88,480,800
Weighted-average common shares Equivalent	'	'	'	'
Convertible notes	'	'	693,750	'
Stock options	'	'	633,000	'
Warrants	'	'	1,540,625	'
Weighted-average common shares outstanding (Diluted)	'	'	97,919,342	88,480,800

MINING_RIGHTS_Details

MINING RIGHTS (Details)

6 Months Ended

2 Months Ended

0 Months Ended

6 Months Ended

0 Months Ended

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Nov. 27, 2013

Jan. 10, 2014

Jun. 30, 2014

Jun. 09, 2011

Apr. 14, 2014

USD ($)

Former Supplier [Member]

Mineral Claims and Assets One [Member]

Mineral Claims and Assets Two [Member]

2011 Acquisition [Member]

Mining Claims in County of Portneuf [Member]

USD ($)

CAD

USD ($)

CAD

USD ($)

CAD

USD ($)

CAD

Business Acquisition [Line Items]

Percentage of interests acquired

100.00%

Purchase price

75,000

10,000

70,000

Total cost of acquisition

612,431

403,840

4,547

5,000

Number of shares issued for acquisitions

1,050,000

1,000,000

5,000,000

Value of shares of common stock paid in acquisitions

496,860

340,000

15,000

Net smelter return

1.00%

Shares issued to supplier

40,000

Value of shares issued to supplier

83,948

50,000

20,000

Payments to suppliers

20,000

Mining rights

$1,035,818

$15,000

ACQUISITION_Details

ACQUISITION (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014	Jun. 20, 2014
ACQUISITION (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Lynx Mining LLC [Member]	Lynx Mining LLC [Member]
Business Acquisition [Line Items]	'	'	'	'
Number of shares issued for acquisitions	'	'	'	4,900,000
Ownership interest by parent	'	'	51.00%	'
Ownership percentage by noncontrolling owners	'	'	49.00%	'
Number of shares issued	'	'	5,100,000	'
Number of shares held by noncontrolling owners	'	'	4,900,000	'
Software acquired	'	'	'	$10,000
Common Stock, shares outstanding	95,026,000	95,076,000	10,000,000	'

CONVERTIBLE_NOTES_AND_DERIVATI2

CONVERTIBLE NOTES AND DERIVATIVE LIABILITIES (Narrative) (Details) (USD $)	6 Months Ended		120 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Apr. 28, 2014
Debt Instrument [Line Items]	'	'	'
Proceeds received from convertible notes	$222,500	'	$222,500
Convertible debt	'	'	194,950
Convertible Note Holders Warrants [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Number of shares covered by warrants	690,625	'	'
Warrant exercise price	$0.75	'	'
Warrant term	'2 years	'	'
Secured Convertible Promissory Note [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Repayment terms	'The principal amount will be paid to the investor in six (6) tranches of an initial amount under the Convertible Note of $250,000 and five (5) additional amounts of $50,000, with each of the additional amounts represented by Investor Notes	'	'
Debt instrument, borrowings during period	250,000	'	'
Debt installment amount	34,531	'	'
Debt instrument, conversion price	$0.40	'	'
Repurchase percentage of debt	125.00%	'	'
Note interest rate	10.00%	'	'
Default interest rate	22.00%	'	'
Debt instrument, terms of conversion	'In addition, if the Company fails to issue stock to the investor within three trading days of receipt of a notice of conversion, the Company must pay a penalty equal to the greater of greater of $500 per day and 2% of the applicable conversion amount or installment amount, as applicable (but, in any event, the cumulative amount of such late fees shall not exceed the applicable conversion amount or installment amount). The Notes are secured by an interest in all right, title, interest, claims and demands of the Company in and to the property described in the Security Agreement, and all replacements, proceeds, products, and accessions thereof. The Notes are convertible into shares of our common stock in six tranches, consisting of (i) an initial tranche in an amount equal to $277,500 and any interest, costs, fees or charges accrued thereon or added thereto under the terms of this Note and the other Transaction Documents (as defined in the Securities Purchase Agreement), and (ii) five (5) additional tranches, each in the amount of $55,000, plus any interest, costs, fees or charges accrued thereon or added thereto under the terms of this Note and the other Transaction Documents. Except in the case of a Company default, the Notes are convertible by the investor at a price of $.40 per share.	'	'
Convertible debt	277,500	'	'
Interest expenses	40,172	'	'
Interest earned on Investor Note	$4,444	'	'

CONVERTIBLE_NOTES_AND_DERIVATI3

CONVERTIBLE NOTES AND DERIVATIVE LIABILITIES (Schedule Convertible Note) (Details) (USD $)	0 Months Ended	120 Months Ended
	Apr. 28, 2014	Apr. 28, 2014	Jun. 30, 2014
Debt Instrument [Line Items]	'	'	'
Total Convertible Note	$194,950	$194,950	'
Secured Convertible Promissory Note [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Total Convertible Note	'	'	277,500
Legal fees	25,000	2,500	'
Original Issue Discount	25,000	25,000	'
Secured Convertible Promissory Note [Member] \| Scenario, Plan [Member]	'	'	'
Debt Instrument [Line Items]	'	'	'
Total Convertible Note	552,500	552,500	'
Original Issue Discount	50,000	50,000	'
Net Convertible Note	$500,000	$500,000	'

CONVERTIBLE_NOTES_AND_DERIVATI4

CONVERTIBLE NOTES AND DERIVATIVE LIABILITIES (Schedule of Allocation of Debt Facility) (Details) (USD $)	6 Months Ended		120 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Apr. 28, 2014	Dec. 31, 2013
Debt Instrument [Line Items]	'	'	'	'
Proceeds received from convertible notes	$222,500	'	$222,500	'
Investor notes receivable	254,444	'	250,000	'
Assets recorded	'	'	472,500	'
Derivative liabilities	'	'	277,550	'
Convertible notes - carrying value	86,214	'	58,541	'
Non-convertible notes - carrying value	148,908	'	136,409	'
Convertible Debt, Total	'	'	194,950	'
Liabilities recorded	'	'	472,500	'
Embedded Currency Derivatives [Member]	'	'	'	'
Debt Instrument [Line Items]	'	'	'	'
Derivative liabilities	'	'	76,835	'
Warrants [Member]	'	'	'	'
Debt Instrument [Line Items]	'	'	'	'
Derivative liabilities	'	'	200,715	'
Secured Convertible Promissory Note [Member]	'	'	'	'
Debt Instrument [Line Items]	'	'	'	'
Convertible Debt, Total	$277,500	'	'	'

STOCKHOLDERS_EQUITY_Narrative_

STOCKHOLDERS' EQUITY (Narrative) (Details)

0 Months Ended

1 Months Ended

2 Months Ended

3 Months Ended

4 Months Ended

5 Months Ended

6 Months Ended

7 Months Ended

12 Months Ended

2 Months Ended

0 Months Ended

6 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

2 Months Ended

12 Months Ended

0 Months Ended

Mar. 04, 2014

Feb. 19, 2014

Dec. 09, 2013

Jun. 11, 2013

Mar. 28, 2013

Mar. 15, 2013

Mar. 04, 2013

Oct. 20, 2011

Sep. 19, 2011

Jun. 13, 2011

Jun. 09, 2011

Dec. 31, 2013

Nov. 30, 2010

Feb. 28, 2013

Jun. 30, 2014

Oct. 31, 2013

Jun. 30, 2013

Dec. 31, 2012

Jan. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2011

Dec. 31, 2006

Dec. 31, 2013

Mar. 31, 2013

Dec. 08, 2011

Jun. 01, 2006

Dec. 31, 2013

Nov. 27, 2013

Jan. 10, 2014

Jun. 30, 2014

Jan. 10, 2014

Dec. 31, 2013

Jun. 03, 2014

Nov. 26, 2013

Dec. 31, 2013

Nov. 27, 2013

Dec. 31, 2013

Mar. 15, 2013

USD ($)

CAD

USD ($)

CAD

USD ($)

CAD

USD ($)

Investor Warrants [Member]

Warrants Issued as Finders' Fees [Member]

Mineral Claims and Assets One [Member]

Mineral Claims and Assets Two [Member]

Legal Service Provider [Member]

Investor Relations Service Provider [Member]

Former Supplier [Member]

Legal and Investor Services Provider [Member]

Common Stock Vested Immediately [Member]

Common Stock Vested Quarterly [Member]

investors

USD ($)

CAD

USD ($)

CAD

USD ($)

CAD

USD ($)

Stockholders' Equity Disclosures [Abstract]

Preferred stock, shares authorized

10,000,000

Preferred Stock, par value

$0.00

Common stock, shares authorized

500,000,000

150,000,000

100,000,000

Common Stock, par value

$0.00

Common Stock, shares issued

95,076,000

95,026,000

95,076,000

Common Stock, shares outstanding

95,076,000

95,026,000

95,076,000

Shares issued, price per share

$0.25

$0.20

$0.00

$0.25

$0.20

Shares issued in registered offering

$60,000

$394,000

$1,731,000

Shares issued in registered offering, shares

1,000,000

20,000,000

1,576,000

2,208,000

6,924,000

9,428,000

Shares issued for acquisition of mining rights and asset purchase

15,000

Shares issued for acquisition of mining rights and asset purchase, shares

5,000,000

Value of stock issued for services

50,000

15,000

121,500

224,900

126,000

Shares of stock issued for services

250,000

5,000,000

200,000

400,000

500,000

200,000

Shares issued for interest on promissory note

3,000

Shares issued for interest on promissory note, shares

1,000,000

Shares issued in private placement, shares

3,350,000

Shares issued under employment agreement

1,250,000

300,000

500,000

750,000

Shares issued under employment agreement, shares

5,000,000

1,500,000

2,000,000

3,000,000

Deferred compensation

187,500

Common shares and warrants issued for services

83,948

50,000

20,000

Shares issued to engineer per agreement, shares

40,000

Shares issued through S-1 registration statement in settlement of liability for stock to be issued, amount

232,000

Shares issued through S-1 registration statement in settlement of liability for stock to be issued, shares

928,000

Common shares issued to founder

40,000

Common shares issued to founder, shares

40,000,000

Shares issued on conversion of promissory note, amount

500,000

Shares issued on conversion of promissory note, shares

2,500,000

Liability for stock to be issued

Loss on conversion of promissory note

125,000

Cancellation of shares previously issued

1,500,000

Cancelled shares, previously issued

1,700,000

1,500,000

Number of investors

Percentage of interests acquired

100.00%

Purchase price

75,000

10,000

70,000

Number of shares issued for acquisitions

1,050,000

1,000,000

Value of shares of common stock paid in acquisitions

496,860

340,000

Stock options exercised, shares

50,000

Stock options exercised

12,500

Warrants outstanding

500,000

100,000

Warrant exercise price

$0.75

$0.50

Payment of finders' fees

50,000

Proceeds from sale of common stock

472,217

500,000

523,564

552,000

2,357,000

670,000

Net smelter return

1.00%

Payments to suppliers

20,000

STOCKHOLDERS_EQUITY_Schedule_o

STOCKHOLDERS' EQUITY (Schedule of Stock Option Activity) (Details) (USD $)	0 Months Ended		3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 04, 2014	Dec. 09, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
	Mar. 04, 2014	Dec. 09, 2013	Employee Stock Option [Member]	Employee Stock Option [Member]	Employee Stock Option [Member]	Employee Stock Option [Member]	Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Maximum number of options authorized	'	'	8,000,000	'	8,000,000	'	'
Term	'	'	'	'	'8 years	'	'
Number of options:	'	'	'	'	'	'	'
Outstanding, beginning of period	'	'	'	'	1,283,000	'	'
Granted	'	'	'	'	'	'	1,333,000
Exercised	-50,000	-50,000	'	'	-50,000	'	-50,000
Forfeited	'	'	'	'	-600,000	'	'
Expired	'	'	'	'	'	'	'
Outstanding, end of period	'	'	633,000	'	633,000	'	1,283,000
Weighted average exercise price:	'	'	'	'	'	'	'
Outstanding, beginning of period	'	'	'	'	$0.25	'	'
Granted	'	'	'	'	'	'	$0.25
Exercised	'	'	'	'	($0.25)	'	($0.25)
Forfeited	'	'	'	'	($0.25)	'	'
Expired	'	'	'	'	'	'	'
Outstanding, end of period	'	'	$0.25	'	$0.25	'	$0.25
Fair value of stock options granted	'	'	'	'	'	'	$239,930
Weighted-average assumptions:	'	'	'	'	'	'	'
Risk-free interest rate	'	'	'	'	'	'	0.32%
Dividend yield	'	'	'	'	'	'	'
Volatility	'	'	'	'	'	'	152.50%
Expected life in years	'	'	'	'	'	'	'2 years
Exercise price	'	'	'	'	'	'	$0.25
Stock-based compensation expense	'	'	$22,499	$0	$52,490	$0	'

STOCKHOLDERS_EQUITY_Summary_of

STOCKHOLDERS' EQUITY (Summary of Options Outstanding and Exercisable by Price Range) (Details) (Exercise Price Range One [Member], Employee Stock Option [Member], USD $)	6 Months Ended
	Jun. 30, 2014
Exercise Price Range One [Member] \| Employee Stock Option [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Minimum exercise price	$0.25
Number of options	633,000
Weighted average remaining life (years)	'7 years 1 month 17 days
Weighted average exercise price	$0.25
Number of options	558,000
Weighted average remaining life (years)	'7 years 1 month 17 days
Weighted average exercise price	$0.25

STOCKHOLDERS_EQUITY_Schedule_o1

STOCKHOLDERS' EQUITY (Schedule of Warrant Activity) (Details) (USD $)	0 Months Ended		6 Months Ended	12 Months Ended
	Mar. 04, 2014	Dec. 09, 2013	Jun. 30, 2014	Dec. 31, 2013
	Mar. 04, 2014	Dec. 09, 2013	Warrant [Member]	Warrant [Member]
Number of warrants	'	'	'	'
Outstanding, beginning of period	'	'	600,000	'
Granted	'	'	940,625	600,000
Exercised	-50,000	-50,000	'	'
Expired	'	'	'	'
Outstanding, end of period	'	'	1,540,625	600,000
Weighted average remaining life (years)	'	'	'	'
Granted	'	'	'1 year 9 months 18 days	'2 years
Outstanding, end of period	'	'	'1 year 8 months 12 days	'2 years
Weighted average exercise price:	'	'	'	'
Outstanding, beginning of period	'	'	$0.71	'
Granted	'	'	$0.63	$0.71
Exercised	'	'	'	'
Expired	'	'	'	'
Outstanding, end of period	'	'	$0.66	$0.71

STOCKHOLDERS_EQUITY_Summary_of1

STOCKHOLDERS' EQUITY (Summary of Warrants by Price Range) (Details) (Warrant [Member], USD $)	6 Months Ended
	Jun. 30, 2014
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Number of options	1,540,625
Weighted average remaining life (years)	'1 year 8 months 12 days
Weighted average exercise price	$0.66
Exercise Price Range One [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Minimum exercise price	$0.30
Number of options	250,000
Weighted average remaining life (years)	'10 months 24 days
Weighted average exercise price	$0.30
Exercise Price Range Two [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Minimum exercise price	$0.50
Number of options	100,000
Weighted average remaining life (years)	'1 year 6 months
Weighted average exercise price	$0.50
Exercise Price Range Three [Member]	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'
Minimum exercise price	$0.75
Number of options	1,190,625
Weighted average remaining life (years)	'1 year 9 months 18 days
Weighted average exercise price	$0.75

FIXED_ASSETS_Details

FIXED ASSETS (Details) (USD $)	3 Months Ended		6 Months Ended
FIXED ASSETS (Details) (USD $)	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Fixed assets, gross	$1,406,973	'	$1,406,973	'	$1,285,766
Less: accumulated depreciation	-15,331	'	-15,331	'	-9,462
Fixed assets, net	1,391,642	'	1,391,642	'	1,276,304
Depreciation	2,141	2,952	5,797	4,343	'
Building [Member]	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Fixed assets, gross	1,089,415	'	1,089,415	'	1,089,415
Estimated useful lives	'	'	'15 years	'	'
Land [Member]	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Fixed assets, gross	111,587	'	111,587	'	108,974
Computers [Member]	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Fixed assets, gross	5,867	'	5,867	'	4,424
Estimated useful lives	'	'	'5 years	'	'
Office Equipment [Member]	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Fixed assets, gross	14,711	'	14,711	'	14,711
Estimated useful lives	'	'	'5 years	'	'
Mill Equipment [Member]	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Fixed assets, gross	43,115	'	43,115	'	43,115
Estimated useful lives	'	'	'5 years	'	'
Vehicle [Member]	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Fixed assets, gross	25,127	'	25,127	'	25,127
Estimated useful lives	'	'	'5 years	'	'
Asset Related to Retirement Obligations [Member]	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Fixed assets, gross	$117,151	'	$117,151	'	'
Estimated useful lives	'	'	'	'	'

DEFERRED_FINANCING_FEES_Detail

DEFERRED FINANCING FEES (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
DEFERRED FINANCING FEES (Details) (USD $)	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
DEFERRED FINANCING FEES [Abstract]	'	'	'	'	'
Warrants issued for deferred financing fees	'	'	'	'	$25,431
Amortization period	'	'	'2 years	'	'
Amortization of deferred financing fees	$3,179	$0	$6,358	$0	'

PROVISION_FOR_INCOME_TAXES_Det

PROVISION FOR INCOME TAXES (Details) (USD $)	6 Months Ended
PROVISION FOR INCOME TAXES (Details) (USD $)	Jun. 30, 2014
PROVISION FOR INCOME TAXES [Abstract]	'
Net operating loss carry forward	$4,200,000
Expiration of operating loss carry forward	31-Dec-34

PROMISSORY_NOTE_Details

PROMISSORY NOTE (Details) (USD $)	0 Months Ended		3 Months Ended		6 Months Ended		0 Months Ended
	Mar. 04, 2013	Jun. 13, 2011	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Mar. 04, 2013	13-May-11
	Mar. 04, 2013	Jun. 13, 2011	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Promissory Note One [Member]	Promissory Note One [Member]
Debt Instrument [Line Items]	'	'	'	'	'	'	'	'
Debt, original principal	'	'	'	'	'	'	'	$500,000
Note maturity date	'	'	'	'	'	'	'	31-May-14
Note interest rate	'	'	'	'	'	'	'	5.00%
Shares issued for interest on promissory note, shares	'	1,000,000	'	'	'	'	'	'
Shares issued for interest on promissory note	'	3,000	'	'	'	'	'	'
Loss on conversion of promissory note	$125,000	'	'	'	'	$125,000	'	'
Common shares issued, conversion of note payable	'	'	'	'	'	'	2,500,000	'

COMMITMENTS_Details

COMMITMENTS (Details) (USD $)	3 Months Ended		6 Months Ended
COMMITMENTS (Details) (USD $)	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
COMMITMENTS [Abstract]	'	'	'	'
2014	$16,520	'	$16,520	'
2015	22,493	'	22,493	'
2016	22,493	'	22,493	'
2017	22,493	'	22,493	'
2018	22,493	'	22,493	'
Total	106,492	'	106,492	'
Rent expense	$9,556	$15,812	$18,885	$20,964

FAIR_VALUE_MEASUREMENTS_Schedu

FAIR VALUE MEASUREMENTS (Schedule of Financial Assets and Liabilities Measured at Fair Value) (Details) (USD $)	Apr. 28, 2014	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014
		Fair Value, Measurements, Recurring [Member]	Level 1 [Member]	Level 2 [Member]	Level 3 [Member]
			Fair Value, Measurements, Recurring [Member]	Fair Value, Measurements, Recurring [Member]	Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'	'	'
Cash	'	$35,779	$35,779	'	'
Investor note receivable	'	254,444	'	'	254,444
Convertible notes payable	'	86,214	'	'	86,214
Non-convertible notes payable	'	148,908	'	'	148,908
Derivative liabilities	$277,550	$366,398	'	'	$366,398

FAIR_VALUE_MEASUREMENTS_Schedu1

FAIR VALUE MEASUREMENTS (Schedule of Changes in Fair Value of Level 3 Financial Liabilities) (Details) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]	'	'
Fair value, beginning of period	'	'
Derivative liabilities recorded during the period	277,550	'
Reclassification to equity upon conversion and amendment of notes and warrants	'	'
Net unrealized (gain) loss on derivative financial instruments	88,848	'
Fair value, end of period	$366,398	'

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (Subsequent Event [Member], USD $)	1 Months Ended	6 Months Ended	1 Months Ended
	Aug. 06, 2014	Jun. 30, 2014	Aug. 06, 2014	Aug. 06, 2014	Aug. 01, 2014
	August Convertible Note [Member]	August Convertible Note [Member]	August Convertible Note [Member]	August Convertible Note [Member]	Lynx Mining LLC [Member]
			Minimum [Member]	Scenario, Forecast [Member]
Subsequent Event [Line Items]	'	'	'	'	'
Debt, original principal	$250,000	'	'	'	'
Proceeds from Issuance of Debt	60,000	'	'	225,000	'
Discount on notes payable	25,000	'	'	'	'
Discount rate	10.00%	'	'	'	'
Interest rate, minimum	0.00%	'	'	'	'
Interest rate, maximum	12.00%	'	'	'	'
Debt instrument, conversion price	$0.16	'	'	'	'
Debt instrument, terms of conversion	'	'The Investor has the right, at any time after the transaction date, at its election, to convert all or part of the outstanding and unpaid principal amount and accrued interest (and any other fees) into fully paid and non-assessable shares of common stock of the Company. The conversion price is the lesser of $0.16 or 60% of the lowest trade price in the 25 trading days prior to the conversion. Unless otherwise agreed in writing by both parties, at no time will the Investor convert any amount of the Convertible Note into common stock that would result in the Investor owning more than 4.99% of the common stock outstanding of the Company. At all times that this Convertible Note is outstanding, the Company agrees to reserve at least 10,000,000 shares of common stock for conversion.	'	'	'
Shares to be converted into	'	'	10,000,000	'	'
Payments to subsidiary	'	'	'	'	$11,000