Idaho North Resources (IDAH) 10-Q 16 Nov 15 2015 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	3 Months Ended
	Sep. 30, 2015	Oct. 31, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Idaho North Resources Corp.
Document Type	10-Q
Current Fiscal Year End Date	--06-30
Entity Common Stock, Shares Outstanding		13,440,683
Entity Public Float		$ 2,537,000
Amendment Flag	false
Entity Central Index Key	1,543,395
Entity Current Reporting Status	Yes
Entity Voluntary Filers	Yes
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q1

Balance Sheets

Balance Sheets - USD ($)	Sep. 30, 2015	Jun. 30, 2015
Current Assets
Cash	$ 30,169	$ 55,699
Accounts receivable		4,620
Prepaid expenses	2,608	4,357
Total Current Assets	32,777	64,676
Reclamation bond	9,489	9,489
Mineral interests	72,500	72,500
TOTAL ASSETS	114,766	146,665
Current Liabilities
Accounts payable	9,297	2,063
Total Current Liabilities	9,297	2,063
Common stock payable (note 6)	89,390	53,190
Total Liabilities	98,687	55,253
Stockholders' Equity
Preferred stock, $0.05 par value, 10,000,000 shares authorized, 0 outstanding as of September 30, 2015 and June 30, 2015, respectively	0	0
Common stock, $0.01 par value, 100,000,000 common shares authorized, 13,440,683 shares outstanding as of September 30, 2015 and June 30, 2015, respectively	134,406	134,406
Additional paid-in capital	874,578	874,578
Accumulated deficit	(992,905)	(917,572)
Total Stockholders' Equity	16,079	91,412
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$ 114,766	$ 146,665

Balance Sheets (Parentheticals)

Balance Sheets (Parentheticals) - $ / shares	Sep. 30, 2015	Jun. 30, 2015
Preferred stock, par value (in Dollars per share)	$ 0.05	$ 0.05
Preferred stock, authorized	10,000,000	10,000,000
Preferred stock, outstanding	0	0
Common stock, authorized	100,000,000	100,000,000
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, outstanding	13,440,683	13,440,683

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
REVENUE:
Exploration services income	$ 23,616	$ 78,490
Operating Expenses
Exploration services expense	23,616	71,355
Other exploration expenditures	23,268	26,209
General and administrative expenses	52,065	44,919
Total Operating Expenses	98,949	142,483
Loss from Operations	(75,333)	(63,993)
Net Loss	$ (75,333)	$ (63,993)
Net Loss per Common Share
Basic and diluted (in Dollars per share)	$ (0.01)	$ 0
Weighted average number of common shares outstanding
Basic and diluted (in Shares)	13,440,683	13,156,290

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period	$ (75,333)	$ (63,993)
Adjustments to reconcile net loss to net cash used in operating activities:
Common stock issued and payable for services and compensation	36,200
Changes in operating assets and liabilities:
Accounts receivable	4,620	14,884
Prepaid expenses	1,749	(34,852)
Accounts payable	7,234	26,815
Deposits		(43,560)
Cash used in operating activities	(25,530)	(100,706)
Increase (decrease) in cash	(25,530)	(100,706)
Cash, beginning of period	55,699	310,749
Cash, end of period	$ 30,169	210,043
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued for mineral interests		$ 36,000

1. NATURE AND CONTINUANCE OF OP

1. NATURE AND CONTINUANCE OF OPERATIONS	3 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Nature of Operations [Text Block]	1. NATURE AND CONTINUANCE OF OPERATIONS Idaho North Resources Corporation ("the Company") was incorporated under the laws of Idaho in 2007. The Company is engaged primarily in acquiring and exploring prospective precious metals mining properties in the western United States.

2. BASIS OF PRESENTATION

2. BASIS OF PRESENTATION	3 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Business Description and Basis of Presentation [Text Block]	2. BASIS OF PRESENTATION These interim financial statements have been prepared in accordance with generally accepted accounting principles in the United States ("US GAAP") and should be read in conjunction with the annual financial statements for the fiscal year ended June 30, 2015. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities at the dates of the financial statements, and the reported amounts of revenues and expenses during the reporting period. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. Actual results could differ from these estimates and assumptions and could have a material effect on the Company's reported financial position and results of operations. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year 2015 as reported in Form 10-K, have been omitted. Results of operations for the three months ended September 30, 2015 are not necessarily indicative of the results expected for the fiscal year ending June 30, 2016.

3. GOING CONCERN

3. GOING CONCERN	3 Months Ended
	Sep. 30, 2015
Going Concern Note [Abstract]
Going Concern Note	3. GOING CONCERN As The Company intends to raise additional capital either through debt or equity financing. The interim financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

4. EARNINGS PER SHARE

4. EARNINGS PER SHARE	15 Months Ended
	Sep. 30, 2015
Earnings Per Share Reconciliation [Abstract]
Earnings Per Share Reconciliation Disclosure	4. EARNINGS PER SHARE For the periods ended September 30, 2015 and 2014, the effect of the Company's potential issue of 3,756,667 and 3,756,667 shares, respectively, from the exercise of outstanding warrants (see note 6) would have been anti-dilutive. Accordingly, basic net loss per share is the same as diluted at September 30, 2015 and 2014.

5. CENTRAL NEVADA EXPLORATION P

5. CENTRAL NEVADA EXPLORATION PROGRAM and EARN-IN AGREEMENT	3 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	5. CENTRAL NEVADA EXPLORATION PROGRAM In the fiscal year ended June 30, 2014, the Company completed a private placement and signed a letter of intent to enter into an exploration program agreement with Coeur Mining Inc. ("Coeur"). Coeur purchased 1,333,333 units at $0.15 per unit, for a total of $200,000. Each unit consists of one common share and one warrant. Two warrants plus $0.30 allow Coeur to purchase one common share. The warrants expire in March 2017. At September 30, 2015, Coeur owned 9.92% of the Company's shares. On October 2, 2014, the Company signed the definitive Exploration Program Agreement (the "Agreement") with Coeur. The Agreement calls for Coeur to fund a Central Nevada Exploration Program within a specified Area of Interest for a three-year period. During the Agreement period, Coeur will have the right to select target properties identified and acquired or appropriated by the Company and earn a 60% interest in the target properties by meeting certain minimum investment and On October 21, 2014, the Company signed an Earn-In Option Agreement (the "Earn-In") with Coeur for the Klondyke area, Nevada.

6. COMMON STOCK AND WARRANTS

6. COMMON STOCK AND WARRANTS	3 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	6. COMMON STOCK AND WARRANTS a) Common Stock: FY 2015 Activity In July 2014, the Company issued 300,000 common shares pursuant to a mining lease agreement at a fair value, based on the quoted market price of common shares, of $0.12 per share. In November 2014, the Company issued 11,350 common shares for compensation at a fair value, based on the quoted market price of common shares, of $0.15 per share. In November 2014, the Company approved the award of 50,000 common shares for director compensation at a fair value, based on the quoted market price of common shares, of $0.16 per share. The shares were issued in January 2015. In December 2014, the Company approved the award of 135,000 common shares for director and CFO compensation at a fair value, based on the quoted market price of common shares, of $0.15 per share. The shares were issued in January 2015. In January 2015, the Company approved the award of 13,605 common shares for compensation to a consultant at a fair value, based on the quoted market price of common shares, of $0.147 per share. The expense was recorded as common stock payable. In March 2015, the Company approved the award of 44,445 and 9,000 common shares for compensation to the CEO and consultants at a fair value, based on the quoted market price of common shares, of $0.135 and $0.11 per share, respectively. The expense was recorded as common stock payable. In April 2015, the Company approved the award of 280,000 common shares for compensation to the CEO and a consultant at a fair value, based on the quoted market price of common shares, of $0.10. The expense was recorded as common stock payable. In May 2015, the Company approved the award of 76,000 common shares for compensation to the CEO and a consultant at a fair value, based on the quoted market price of common shares, of $0.10. The expense was recorded as common stock payable. In June 2015, the Company approved the award of 107,500 common shares for compensation to the CEO and consultants, at a fair value, based on the quoted market price of common shares, of $0.08. The expense was recorded as common stock payable. FY 2016 Activity In July 2015, the Company approved the award of 125,713 common shares for compensation to the CEO and consultants, at a fair value, based on the quoted market price of common shares, of $0.07. The expense was recorded as common stock payable. In August 2015, the Company approved the award of 75,294 common shares for compensation to the CEO and consultants, at a fair value, based on the quoted market price of common shares, of $0.085. The expense was recorded as common stock payable. In September 2015, the Company approved the award of 257,142 and 37,500 common shares for compensation to the CEO and consultants, at a fair value, based on the quoted market price of common shares, of $0.07 and $0.08, respectively. The expense was recorded as common stock payable. b) Warrants Warrants to Purchase Common Shares Weighted Average Exercise Price Outstanding at June 30, 2014 3,756,667 $ 0.26 Issued - - Exercised - - Expired - - Outstanding at June 30, 2015 and September 30, 2015 3,756,667 $ 0.26 The warrants that are issued and outstanding as at September 30, 2015 are as follows: Warrants to Purchase Common Shares Exercise Price Expiration Date 1,462,500 $ 0.25 September 1, 2016* 666,667 0.30 March 4, 2017 1,627,500 0.25 November 1, 2016 *These warrants were set to expire on March 1, 2015. In February 2015, the Company extended the expiration date of these warrants an additional 18 months to September 1, 2016.

7. MINERAL PROPERTY COMMITMENTS

7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY	3 Months Ended
	Sep. 30, 2015
Mineral Industries Disclosures Related Pary [Abstract]
Mineral Industries Disclosures Related Pary	7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY For the following properties, the related party is a shareholder (not an officer or director) who exercises voting rights over 9.1% percent of the Company's common stock. He is also the Company's consulting geologist and a member of the Company's Technical Advisory Committee. The Company has satisfied its work commitments on all properties to date. Work commitments include, but are not limited to, annual claim fees, exploration, mapping, sampling, drilling and administration costs. Klondike North Property. Advanced Royalty Payments Date Payment Amount Common Shares Upon execution of Agreement – October 24, 2011 $ - 500,000 First Anniversary of the Agreement – 2012 10,000 - Second Anniversary of the Agreement – 2013 20,000 * - Third Anniversary of the Agreement – 2014 30,000 - Fourth Anniversary of the Agreement – 2015 40,000 - Fifth through the tenth Anniversary 50,000 - Eleventh Anniversary and thereafter 100,000 - The Company valued the 500,000 shares issued for the above acquisition of mineral rights at $0.02, based on the most recent sale of common shares, and recorded $10,000 as mineral property in the fiscal year ended June 30, 2012. *The Company, with agreement from the sellers, satisfied its Second Anniversary obligation with 200,000 shares of common stock issued with a fair value of $0.10 per share in the fiscal year ended June 30, 2014. Work Commitment Lease Year Amount First Lease Year $ 5,000 Second Lease Year 25,000 Third Lease Year 50,000 Fourth Lease Year 75,000 Fifth Lease Year and thereafter 100,000 Divide Property. Eagleville Property. Green Monster-Danville Property. Advanced Royalty Payments Date Payment Amount Upon execution of Agreement – October 31, 2014 $ 2,500 * First Anniversary of the Agreement – 2015 5,000 Second Anniversary of the Agreement - 2016 10,000 Third Anniversary of the Agreement – 2017 20,000 Fourth Anniversary of the Agreement – 2018 30,000 Fifth Anniversary of the Agreement – 2019 40,000 Sixth 50,000 Eleventh Anniversary through the fifteenth 75,000 Sixteenth Anniversary and thereafter 100,000 *Plus reimbursement of the 2014 -15 BLM Annual Maintenance Fee of $12,245 and Nye County Notice to Intent to Hold Fee of $834, which has been paid. Work Commitment Lease Year Amount First Lease Year $ 5,000 Second Lease Year 10,000 Third Lease Year and thereafter 50,000

6. COMMON STOCK AND WARRANTS (T

6. COMMON STOCK AND WARRANTS (Tables)	3 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Warrants to Purchase Common Shares Weighted Average Exercise Price Outstanding at June 30, 2014 3,756,667 $ 0.26 Issued - - Exercised - - Expired - - Outstanding at June 30, 2015 and September 30, 2015 3,756,667 $ 0.26
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	Warrants to Purchase Common Shares Exercise Price Expiration Date 1,462,500 $ 0.25 September 1, 2016* 666,667 0.30 March 4, 2017 1,627,500 0.25 November 1, 2016

7. MINERAL PROPERTY COMMITMEN14

7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Tables)	3 Months Ended
	Sep. 30, 2015
Mineral Industries Disclosures Related Pary [Abstract]
Schedule of Advanced Royalty Payments - Klondike North Property	Date Payment Amount Common Shares Upon execution of Agreement – October 24, 2011 $ - 500,000 First Anniversary of the Agreement – 2012 10,000 - Second Anniversary of the Agreement – 2013 20,000 * - Third Anniversary of the Agreement – 2014 30,000 - Fourth Anniversary of the Agreement – 2015 40,000 - Fifth through the tenth Anniversary 50,000 - Eleventh Anniversary and thereafter 100,000 -
Schedule of Work Commitment - Klondike North Property	Lease Year Amount First Lease Year $ 5,000 Second Lease Year 25,000 Third Lease Year 50,000 Fourth Lease Year 75,000 Fifth Lease Year and thereafter 100,000
Schedule of Advanced Royalty Payments - Green Monster Danville Property	Date Payment Amount Upon execution of Agreement – October 31, 2014 $ 2,500 * First Anniversary of the Agreement – 2015 5,000 Second Anniversary of the Agreement - 2016 10,000 Third Anniversary of the Agreement – 2017 20,000 Fourth Anniversary of the Agreement – 2018 30,000 Fifth Anniversary of the Agreement – 2019 40,000 Sixth 50,000 Eleventh Anniversary through the fifteenth 75,000 Sixteenth Anniversary and thereafter 100,000
Schedule of Work Commitment - Green Monster Danville Property	Lease Year Amount First Lease Year $ 5,000 Second Lease Year 10,000 Third Lease Year and thereafter 50,000

3. GOING CONCERN (Details)

3. GOING CONCERN (Details) - USD ($)	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015
Going Concern Note [Abstract]
Net Income (Loss) Attributable to Parent	$ (75,333)	$ (63,993)
Retained Earnings (Accumulated Deficit)	$ (992,905)		$ (917,572)

4. EARNINGS PER SHARE (Details)

4. EARNINGS PER SHARE (Details) - shares	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share Reconciliation [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	3,756,667
		3,756,667

5. CENTRAL NEVADA EXPLORATION17

5. CENTRAL NEVADA EXPLORATION PROGRAM and EARN-IN AGREEMENT (Details) - USD ($)	Oct. 02, 2014	Sep. 30, 2015	Sep. 30, 2014	Sep. 29, 2015	Aug. 31, 2015	Jul. 31, 2015	Jun. 30, 2015	May. 31, 2015	Apr. 30, 2015	Mar. 31, 2015	Mar. 30, 2015	Jan. 31, 2015	Dec. 31, 2014	Nov. 30, 2014	Nov. 29, 2014	Jul. 31, 2014	Jun. 30, 2014	Jun. 30, 2012
Disclosure Text Block [Abstract]
Units Issued During Period, Shares, Issued for Cash			1,333,333
Share Price (in Dollars per share)		$ 0.08	$ 0.15	$ 0.07	$ 0.085	$ 0.07	$ 0.08	$ 0.10	$ 0.10	$ 0.11	$ 0.135	$ 0.147	$ 0.15	$ 0.16	$ 0.15	$ 0.12	$ 0.10	$ 0.02
Units Issued During Period, Value, Issued for Cash			200,000
Unit - Description	1
Equity Method Investment, Ownership Percentage		9.92%											9.10%
Exploration Services Income (in Dollars)		$ 23,616	$ 78,490

6. COMMON STOCK AND WARRANTS (D

6. COMMON STOCK AND WARRANTS (Details) - $ / shares	1 Months Ended													12 Months Ended	30 Months Ended
	Sep. 29, 2015	Aug. 31, 2015	Jul. 31, 2015	Jun. 30, 2015	May. 31, 2015	Apr. 30, 2015	Mar. 31, 2015	Mar. 30, 2015	Jan. 31, 2015	Dec. 31, 2014	Nov. 30, 2014	Nov. 29, 2014	Jul. 31, 2014	Jun. 30, 2012	Sep. 01, 2016	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2014
Stockholders' Equity Note [Abstract]
Stock Issued During Period, Shares, Acquisitions													300,000	500,000
Share Price	$ 0.07	$ 0.085	$ 0.07	$ 0.08	$ 0.10	$ 0.10	$ 0.11	$ 0.135	$ 0.147	$ 0.15	$ 0.16	$ 0.15	$ 0.12	$ 0.02		$ 0.08	$ 0.15	$ 0.10
Stock Issued During Period, Shares, Officer and/or Director Share Based Compensation	257,142	75,294	125,713	107,500	76,000	280,000		44,445		135,000	50,000	11,350
Stock Issued During Period, Shares, Issued for Services	37,500						9,000		13,605
Fair Value Assumptions, Expected Term															18 years

6. COMMON STOCK AND WARRAN

6. COMMON STOCK AND WARRANTS (Details) - Warrants - $ / shares	12 Months Ended	15 Months Ended
	Jun. 30, 2014	Sep. 30, 2015	Mar. 04, 2017	Nov. 01, 2016	Sep. 01, 2016
Warrants [Abstract]
Warrants to Purchase Common Shares	3,756,667	3,756,667
Weighted Average Exercise Price	$ 0.26	$ 0.26	$ 0.30	$ 0.25	$ 0.25

6. COMMON STOCK AND WARR20

6. COMMON STOCK AND WARRANTS (Details) - Outstanding Warrants. - $ / shares	14 Months Ended	16 Months Ended	20 Months Ended
	Sep. 01, 2016	Nov. 01, 2016	Mar. 04, 2017	Sep. 30, 2015	Jun. 30, 2014
Outstanding Warrants. [Abstract]
Warrants to Purchase Common Shares	1,462,500	1,627,500	666,667
Exercise Price	$ 0.25	$ 0.25	$ 0.30	$ 0.26	$ 0.26
Expiration Date	Sep. 1, 2016	Nov. 1, 2016	Mar. 4, 2017

7. MINERAL PROPERTY COMMITMEN21

7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Details)	1 Months Ended		3 Months Ended			12 Months Ended
	Jun. 30, 2015USD ($)$ / shares	Jul. 31, 2014$ / sharesshares	Sep. 30, 2015USD ($)$ / shares	Sep. 30, 2015USD ($)$ / shares	Sep. 30, 2014USD ($)$ / shares	Jun. 30, 2012USD ($)$ / sharesshares	Sep. 29, 2015$ / shares	Aug. 31, 2015$ / shares	Jul. 31, 2015$ / shares	May. 31, 2015$ / shares	Apr. 30, 2015$ / shares	Mar. 31, 2015$ / shares	Mar. 30, 2015$ / shares	Feb. 28, 2015USD ($)	Jan. 31, 2015$ / shares	Dec. 31, 2014$ / shares	Nov. 30, 2014$ / shares	Nov. 29, 2014$ / shares	Oct. 31, 2014$ / item	Jun. 30, 2014USD ($)$ / shares	Oct. 24, 2011$ / item
Mineral Industries Disclosures Related Pary [Abstract]
Equity Method Investment, Ownership Percentage			9.92%	9.92%												9.10%
Lode Mining Claims (in Dollars per Item) | $ / item																			91		38
Stock Issued During Period, Shares, Acquisitions (in Shares) | shares		300,000				500,000
Share Price (in Dollars per share) | $ / shares	$ 0.08	$ 0.12	$ 0.08	$ 0.08	$ 0.15	$ 0.02	$ 0.07	$ 0.085	$ 0.07	$ 0.10	$ 0.10	$ 0.11	$ 0.135		$ 0.147	$ 0.15	$ 0.16	$ 0.15		$ 0.10
Stock Issued During Period, Value, Acquisitions					$ 36,000	$ 10,000
Contractual Obligation																				$ 200,000
Debt Instrument, Face Amount														$ 32,000
Gains (Losses) on Extinguishment of Debt	$ 87,000
Maintenance Costs			$ 12,245	$ 834

7. MINERAL PROPERTY COMMITMEN

7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Details) - Klondike North - Advanced Royalty Payments - USD ($)

1 Months Ended

13 Months Ended

25 Months Ended

37 Months Ended

49 Months Ended

97 Months Ended

157 Months Ended

Oct. 31, 2014

Oct. 24, 2011

Oct. 31, 2015

Oct. 24, 2012

Oct. 31, 2016

Oct. 24, 2013

Oct. 31, 2017

Oct. 24, 2014

Oct. 31, 2018

Oct. 24, 2015

Oct. 24, 2019

Oct. 24, 2024

Klondike North - Advanced Royalty Payments [Abstract]

Upon execution of Agreement – October 24, 2011

$ 2,500

$ 500,000

First Anniversary of the Agreement – 2012

$ 5,000

$ 10,000

Second Anniversary of the Agreement – 2013

$ 10,000

$ 20,000

Third Anniversary of the Agreement – 2014

$ 20,000

$ 30,000

Fourth Anniversary of the Agreement – 2015

$ 30,000

$ 40,000

Fifth through the tenth Anniversary

$ 50,000

Eleventh Anniversary and thereafter

$ 100,000

7. MINERAL PROPERTY COMMITM23

7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Details) - Klondike North - Work Commitment - USD ($)	Oct. 31, 2016	Oct. 31, 2015	Oct. 24, 2015	Oct. 31, 2014	Oct. 24, 2014	Oct. 24, 2013	Oct. 24, 2012	Oct. 24, 2011
Klondike North - Work Commitment [Abstract]
First Lease Year				$ 5,000				$ 5,000
Second Lease Year		$ 10,000					$ 25,000
Third Lease Year						$ 50,000
Fourth Lease Year					$ 75,000
Fifth Lease Year and thereafter	$ 50,000		$ 100,000

7. MINERAL PROPERTY COMMITM24

7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Details) - Green Monster - Advanced Royalty Payments - USD ($)

1 Months Ended

13 Months Ended

25 Months Ended

37 Months Ended

49 Months Ended

61 Months Ended

121 Months Ended

181 Months Ended

241 Months Ended

Oct. 31, 2014

Oct. 24, 2011

Oct. 31, 2015

Oct. 24, 2012

Oct. 31, 2016

Oct. 24, 2013

Oct. 31, 2017

Oct. 24, 2014

Oct. 31, 2018

Oct. 24, 2015

Oct. 31, 2019

Oct. 31, 2024

Oct. 31, 2029

Oct. 31, 2034

Green Monster - Advanced Royalty Payments [Abstract]

Upon execution of Agreement – October 31, 2014

$ 2,500

$ 500,000

First Anniversary of the Agreement – 2015

$ 5,000

$ 10,000

Second Anniversary of the Agreement - 2016

$ 10,000

$ 20,000

Third Anniversary of the Agreement – 2017

$ 20,000

$ 30,000

Fourth Anniversary of the Agreement – 2018

$ 30,000

$ 40,000

Fifth Anniversary of the Agreement – 2019

$ 40,000

Sixth Anniversary through the tenth anniversary

$ 50,000

Eleventh Anniversary through the fifteenth

$ 75,000

Sixteenth Anniversary and thereafter

$ 100,000

7. MINERAL PROPERTY COMMITM25

7. MINERAL PROPERTY COMMITMENTS - RELATED PARTY (Details) - Green Monster - Work Commitment - USD ($)	Oct. 31, 2016	Oct. 31, 2015	Oct. 24, 2015	Oct. 31, 2014	Oct. 24, 2012	Oct. 24, 2011
Green Monster - Work Commitment [Abstract]
First Lease Year				$ 5,000		$ 5,000
Second Lease Year		$ 10,000			$ 25,000
Third Lease Year and thereafter	$ 50,000		$ 100,000