Applied Minerals (AMNL) 10-Q 7 Nov 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 01, 2013
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'Applied Minerals, Inc.	'
Entity Central Index Key	'0000008328	'
Current Fiscal Year End Date	'--12-31	'
Entity Well-known Seasoned Issuer	'No	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	94,577,461
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-13	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Current Assets	'	'
Cash and cash equivalents	$11,403,311	$3,356,103
Accounts receivable, net of allowance of $25,106 and $11,938 at September 30, 2013 and December 31, 2012, respectively	6,817	7,778
Deposits and prepaid expenses	213,864	379,941
Total Current Assets	11,623,992	3,743,822
Property and Equipment	'	'
Land and mining property	1,109,938	1,109,938
Property and Equipment, net of depreciation	4,097,866	2,895,742
Total Property and Equipment	5,207,804	4,005,680
Other Assets	'	'
Deposit	68,958	68,958
Total Other Assets	68,958	68,958
TOTAL ASSETS	16,900,754	7,818,460
Current Liabilities	'	'
Accounts payable and accrued liabilities	639,369	1,155,327
Stock awards payable	109,000	154,000
Current portion of notes payable	199,191	413,470
Total Current Liabilities	947,560	1,722,797
Long-Term Liabilities	'	'
Long-term portion of notes payable	63,053	184,426
Warrant derivative	1,095,000	1,945,000
PIK notes payable, net of $2,020,750 debt discount	8,479,250	0
PIK Note derivative	2,670,000	0
Total Long-Term Liabilities	12,307,303	2,129,426
Total Liabilities	13,254,863	3,852,223
Commitments and Contingencies (Note 10)	'	'
Stockholders' Equity	'	'
Preferred stock, $0.001 par value, 10,000,000 shares authorized, noncumulative, nonvoting, nonconvertible, none issued or outstanding	0	0
Common stock, $0.001 par value, 200,000,000 shares authorized, 94,532,227 and 90,619,444 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively	94,532	90,619
Additional paid-in capital	61,862,680	52,634,064
Accumulated deficit prior to the exploration stage	-20,009,496	-20,009,496
Accumulated deficit during the exploration stage	-38,301,825	-28,748,950
Total Stockholders' Equity	3,645,891	3,966,237
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$16,900,754	$7,818,460

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Current Assets	'	'
Accounts receivable, allowance	$25,106	$11,938
Current Liabilities	'	'
Debt discount	$2,020,750	$0
Stockholders' Equity	'	'
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized (in shares)	200,000,000	200,000,000
Common stock, shares issued (in shares)	94,532,227	90,619,444
Common stock, shares outstanding (in shares)	94,532,227	90,619,444

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) (USD $)	3 Months Ended		9 Months Ended		57 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]	'	'	'	'	'
REVENUES	$6,773	$666	$44,737	$152,296	$303,431
OPERATING EXPENSES:	'	'	'	'	'
Production costs	579	1,530	18,986	83,124	202,802
Exploration costs	1,175,430	1,046,986	3,418,696	2,568,509	12,969,419
General and administrative	2,002,890	1,301,705	5,978,976	4,605,925	23,938,773
Depreciation expense	78,864	73,619	236,552	199,856	1,052,740
Loss on impairment and disposition of land and equipment	0	0	0	0	60,512
Total Operating Expenses	3,257,763	2,423,840	9,653,210	7,457,414	38,224,246
Operating Loss	-3,250,990	-2,423,174	-9,608,473	-7,305,118	-37,920,815
OTHER INCOME (EXPENSE):	'	'	'	'	'
Interest expense, net, including amortization of deferred financing cost and debt discount	-212,830	-5,134	-226,454	-11,205	-1,696,938
Gain (loss) on revaluation of warrant derivative	200,000	-90,000	850,000	1,440,000	1,705,000
Gain (loss) on revaluation of stock award	10,000	5,000	45,000	-3,000	-201,500
Loss on the fair value of the PIK Note Derivative	-615,000	0	-615,000	0	-615,000
Other income (expense)	-279	-4,643	2,052	-8,847	426,366
Total Other Income (Expense)	-618,109	-94,777	55,598	1,416,948	-382,072
Loss from continuing operations	-3,869,099	-2,517,951	-9,552,875	-5,888,170	-38,302,887
Income from discontinued operations	0	0	0	0	53,382
Net loss	-3,869,099	-2,517,951	-9,552,875	-5,888,170	-38,249,505
Net income attributable to the non-controlling interest	0	0	0	0	52,320
Net Loss Attributable to Applied Minerals	-3,869,099	-2,517,951	-9,552,875	-5,888,170	-38,301,825
Change in Market Value of Investments	0	0	0	0	1,327
Net Comprehensive Loss	($3,869,099)	($2,517,951)	($9,552,875)	($5,888,170)	($38,300,498)
Net Loss Per Share (Basic and Diluted)	'	'	'	'	'
Net Loss Per Share (Basic and Diluted) (in dollars per share)	($0.04)	($0.03)	($0.10)	($0.07)	'
Weighted Average Shares Outstanding (Basic and Diluted) (in shares)	94,508,983	89,292,491	94,205,611	89,198,723	'

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited) (USD $)	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit Prior to Exploration Stage [Member]	Accumulated Deficit During Exploration Stage [Member]	Total
Balance at Dec. 31, 2012	$90,619	$52,634,064	($20,009,496)	($28,748,950)	$3,966,237
Balance (in shares) at Dec. 31, 2012	90,619,444	'	'	'	90,619,444
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'
Shares issued for directors fees and other services	156	193,969	0	0	194,125
Shares issued for directors fees and other services (in shares)	156,026	'	'	'	'
Shares issued to third parties for cash	3,757	5,556,243	0	0	5,560,000
Shares issued to third parties for cash (in shares)	3,756,757	'	'	'	'
Stock-based compensation expense for consultants and directors	0	3,478,404	0	0	3,478,404
Net loss	0	0	0	-9,552,875	-9,552,875
Balance at Sep. 30, 2013	$94,532	$61,862,680	($20,009,496)	($38,301,825)	$3,645,891
Balance (in shares) at Sep. 30, 2013	94,532,227	'	'	'	94,532,227

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	9 Months Ended		57 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Cash Flows From Operating Activities:	'	'	'
Net loss	($9,552,875)	($5,888,170)	($38,301,825)
Adjustments to reconcile net loss to net cash used in operations:	'	'	'
Depreciation	236,552	199,856	1,052,740
Amortization of deferred financing costs	0	0	150,000
Amortization of discount - PIK Notes	34,250	0	401,784
Issuance of PIK Notes in payment of interest	0	0	863,870
Stock issued for director and consulting services	194,125	114,559	545,949
Stock-based compensation expense for consultants and directors	3,478,404	1,753,752	8,709,855
(Gain) on revaluation of stock warrant derivative	-850,000	-1,440,000	-1,705,000
Loss on the fair value of the PIK Note Derivative	615,000	0	615,000
(Gain) loss on revaluation of stock award	-45,000	3,000	201,500
Gain on stock award forfeiture	0	0	-145,000
Loss on disposition of assets	0	0	5,390
Gain on settlement of debts	0	0	-101,380
Other non-cash income	0	0	-28,587
Provision for doubtful accounts	0	13,168	25,106
Loss on impairment of assets	0	0	66,881
(Increase) Decrease in:	'	'	'
Accounts receivable	961	5,886	-31,879
Deposits and prepaids	166,077	38,198	311,992
Increase (Decrease) in accounts payable and accrued liabilities	-515,958	2,960	432,794
Net cash provided by discontinued operations	0	0	603,585
Net cash used in operating activities	-6,238,464	-5,196,791	-26,327,225
Cash Flows From Investing Activities:	'	'	'
Purchases of land improvements	0	0	-72,923
Purchases of equipment and vehicles	-6,256	-319,219	-781,767
Construction in progress	-1,432,420	-301,800	-2,483,957
Proceeds from sale of assets	0	0	151,000
Net cash provided by discontinued operations	0	0	434,670
Net cash used in investing activities	-1,438,676	-621,019	-2,752,977
Cash Flows From Financing Activities:	'	'	'
Payments on notes payable	-335,652	-192,024	-1,471,098
Payments on leases payable	0	-10,094	-431,088
Proceeds from insurance settlement	0	0	115,000
Proceeds from notes payable	0	0	124,129
Proceeds from PIK notes payable	10,500,000	0	20,100,000
Proceeds from sale of common stock	5,560,000	0	21,370,000
Payments for legal settlement	0	0	-170,000
Net cash used by discontinued operations	0	0	-56,431
Net cash provided by (used in) financing activities	15,724,348	-202,118	39,580,512
Net change in cash and cash equivalents	8,047,208	-6,019,928	10,500,310
Cash and cash equivalents at beginning of period	3,356,103	10,170,536	903,001
Cash and cash equivalents at end of period	11,403,311	4,150,608	11,403,311
Cash Paid For:	'	'	'
Interest	18,381	14,111	123,123
Income Taxes	3,841	0	5,856
Supplemental Disclosure of Non-Cash Investing and Financing Activities:	'	'	'
Conversion of debt and accrued interest to common stock	0	0	11,459,738
Equipment financed on lease	0	0	197,000
Equipment financed with notes payable	0	357,618	642,088
Construction in Progress	0	0	105,000
Prepaid insurance financed with note payable	25,005	0	337,513
Land reclassified from assets held for sale to land and mining property	0	445,180	445,180
Receivable from sales of common stock	$0	$1,625,000	$0

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2013
BASIS OF PRESENTATION [Abstract]	'
BASIS OF PRESENTATION	'
	NOTE 1 – BASIS OF PRESENTATION
	In the opinion of management, the accompanying unaudited, condensed, consolidated financial statements contain all adjustments necessary to present fairly the financial position of Applied Minerals, Inc. ("Applied Minerals" or "the Company" or "we") and its results of operations and cash flows for the interim periods presented.  Such financial statements have been condensed in accordance with the applicable regulations of the Securities and Exchange Commission and, therefore, do not include all disclosures required by accounting principles generally accepted in the United States of America.  These financial statements should be read in conjunction with the Company's audited financial statements for the year ended December 31, 2012, included in the Company's Annual Report filed on Form 10-K for such year.  The results of operations for the 2013 interim periods are not necessarily indicative of the results to be expected for the entire year.

ORGANIZATION_AND_DESCRIPTION_O

ORGANIZATION AND DESCRIPTION OF BUSINESS	9 Months Ended
	Sep. 30, 2013
ORGANIZATION AND DESCRIPTION OF BUSINESS [Abstract]	'
ORGANIZATION AND DESCRIPTION OF BUSINESS	'
	NOTE 2 –DESCRIPTION OF BUSINESS
	Applied Minerals, Inc. (the "Company") is the owner of the Dragon Mine located in the Tintic Mining District of the State of Utah from where it produces halloysite clay and iron oxide.  The Company is currently in various phases of commercial scale trials with several organizations in various markets with respect to uses of its products.
	Applied Minerals is a publicly traded company incorporated in the state of Delaware. The common stock trades on the OTC Bulletin Board under the symbol AMNL.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Exploration-Stage Company
	From 1997 through 2008, the Company's sole source of revenue and income was derived from its contract mining business through which it provided shaft sinking, underground mine development and mine labor services. At December 31, 2008, the Company discontinued its contract mining efforts due to economic conditions and the desire to concentrate its efforts on the commercialization of the halloysite clay deposit at the Dragon Mine.
	Effective January 1, 2009, we were, and still are, classified as an exploration company as the existence of proven or probable reserves has not been demonstrated and no significant revenue has been earned from the mine.  Under the SEC's Industry Guide 7, a mining company is considered an exploration stage company until it has declared mineral reserves determined in accordance with the guide and staff interpretations thereof.
	Principles of Consolidation
	The accompanying consolidated financial statements include the accounts of Applied Minerals, Inc. and its controlled subsidiary, Park Copper and Gold Mining Company Limited ("Park Copper"). The financial information related to Park Copper was consolidated into the Company's consolidated financial statements in 2010.  In 1999 we acquired a 53% interest in the Park Copper Mining Company for $72,825, which holds 100 acres of timber and mineral property in northern Idaho.  At December 31, 2011, the investment in Park Copper was fully impaired.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period.  In these consolidated financial statements, the warrant and PIK note derivative liabilities, stock compensation and impairment of long-lived assets involve extensive reliance on management's estimates. Actual results could differ from those estimates.
	Cash and Cash Equivalents
	Cash and cash equivalents include all highly-liquid investments with a maturity of three months or less.  The Company minimizes its credit risk by investing its cash and cash equivalents, which sometimes exceeds FDIC limits, with major financial institutions located in the United States with a high credit rating.
	Receivables
	Trade receivables are reported at outstanding principal amounts, net of an allowance for doubtful accounts.
	Management evaluates the collectability of receivable account balances to determine the allowance, if any. Management considers the other party's credit risk and financial condition, as well as current and projected economic and market conditions, in determining the amount of the allowance. Receivable balances are written off when management determines that the balance is uncollectable.
	Property and Equipment
	Property and equipment are carried at cost less accumulated depreciation.  Depreciation and amortization is computed on the straight-line method over the estimated useful lives of the assets, or the life of the lease, whichever is shorter, as follows:
		Estimated Useful Life
	Building and Building Improvements	20 – 40 years
	Mining equipment	2 – 7 years
	Office and shop furniture and equipment	3 – 7 years
	Vehicles	5 years
	Depreciation expense for the three months ended September 30, 2013 and 2012 totaled $78,864 and $73,619, respectively. Depreciation expense for the nine months ended September 30, 2013 and 2012 totaled $236,552 and $199,856, respectively. The Company currently does not capitalize any amounts related to proven or probable reserves and therefore does not have any depletion expense.
	Fair Value
	The fair value of the Company's financial instruments reflects the amounts that the Company estimates to receive in connection with the sale of an asset or paid in connection with the transfer of a liability in an orderly transaction between market participants at the measurement date (exit price). For financial assets and liabilities that are periodically re-measured to fair value, the Company discloses a fair value hierarchy that prioritizes the use of inputs used in valuation techniques into the following three levels:
	Level 1 - quoted prices in active markets for identical assets and liabilities
	Level 2 - observable inputs other than quoted prices in active markets for identical assets and liabilities
	Level 3 - significant unobservable inputs
	Liabilities measured at fair value on a recurring basis are summarized as follows:
		Fair value measurement using inputs						Carrying amount
	Level 1		Level 2			Level 3		30-Sep-13		31-Dec-12
	Financial instruments:
	Warrant derivative		$	1,095,000				$	1,095,000	$	1,945,000
	PIK Note derivative		$	2,670,000				$	2,670,000		--
	The recorded value of certain financial assets and liabilities, which consist primarily of cash and cash equivalents, receivables, other current assets, and accounts payable and accrued expenses approximate their fair value of the respective assets and liabilities at September 30, 2013 and December 31, 2012 based upon the short-term nature of the assets and liabilities.  Based on borrowing rates currently available to the Company for loans with similar terms, the carrying value of notes payable approximate fair value.  Further, due to the recent placement of the PIK Notes, fair value of the Notes approximates $10,500,000 at September 30, 2013. For the Company's warrant and PIK note derivative liabilities, fair value was estimated using a Binomial Lattice Model using the following assumptions:
	Warrant derivative liability		Fair Value Measurements
			Using Inputs
			30-Sep-13				31-Dec-12
	Market price and estimated fair value of stock		$	1.09			$	1.54
	Exercise price		$	1.93			$	2
	Term (years)			3.23				4
	Dividend yield		$	--			$	--
	Expected volatility			77.34	%			83.3	%
	Risk-free interest rate			0.73	%			0.54	%
	PIK Note derivative liability		Fair Value Measurements
			Using Inputs
			30-Sep-13				31-Dec-12
	Market price and estimated fair value of stock		$	1.09				--
	Exercise price		$	1.4				--
	Term (years)			9.83				--
	Dividend yield		$	--				--
	Expected volatility			77.34	%			--
	Risk-free interest rate			2.63	%			--
	Impairment of Long-lived Assets
	The Company periodically reviews the carrying amounts of long-lived assets to determine whether current events or circumstances warrant adjustment to such carrying amounts. Long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. When such events occur, the Company compares the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset to its carrying amount. If this comparison indicates that there is an impairment, the amount of the impairment is typically calculated using discounted expected future cash flows where observable fair values are not readily determinable. Considerable management judgment is necessary to estimate the fair value of assets. Assets to be disposed of are carried at the lower of their financial statement carrying amount or fair value, less cost to sell.
	Revenue Recognition
	Revenue includes sales of halloysite clay and, commencing in June 2013, iron oxide, and is recognized when title passes to the buyer and when collectability is reasonably assured. Title passes to the buyer based on terms of the sales contract. Product pricing is determined based on related contractual arrangements with the Company's customers.
	Mining Exploration and Development Costs
	Land and mining property are carried at cost.  The Company expenses prospecting and mining exploration costs.  At the point when a property is determined to have proven and probable reserves, subsequent development costs will be capitalized and will be charged to operations using the units-of-production method over proven and probable reserves. Upon abandonment or sale of a mineral property, all capitalized costs relating to the specific property are written off in the period abandoned or sold and a gain or loss is recognized.
	Income taxes
	The Company uses an asset and liability approach which results in the recognition of deferred tax liabilities and assets for the expected future tax consequences or benefits of temporary differences between the financial reporting basis and the tax basis of assets and liabilities, as well as operating loss and tax credit carry forwards, using enacted tax rates in effect in the years in which the differences are expected to reverse.
	In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of its deferred tax assets will not be realized. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. A valuation allowance has been provided for the portion of the Company's net deferred tax assets for which it is more likely than not that they will not be realized.
	The Company is subject to U.S. federal income tax as well as income tax of certain state jurisdictions.  Federal income tax returns subsequent to 2008 are subject to examination by major tax jurisdictions.  The Company's practice is to recognize interest and/or penalties related to income tax matters in income tax expense.
	The Company follows the provision of ASC Topic 740-10, "Income Taxes", relating to recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. It also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods and requires increased disclosures.  This guidance provides that the tax effects from an uncertain tax position can be recognized in our financial statements, only if the position is more likely than not of being sustained on audit, based on the technical merits of the position.
	Stock Options and Warrants
The Company follows ASC 718 (Stock Compensation) and 505-50 (Equity-Based Payments to Non-employees), which provide guidance in accounting for share-based awards exchanged for services rendered and requires companies to expense the estimated fair value of these awards over the requisite service period. The Company instituted formal long-term and short-term incentive plans on November 20, 2012, when they were approved by its shareholders.  Prior to that date, we did not have a formal equity plan, but all equity grants, including stock options and warrants, were approved by our Board of Directors.  We determine the fair value of the stock-based compensation awards granted to non-employees as either the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. If the fair value of the equity instruments issued is used, it is measured using the stock price and other measurement assumptions as of the earlier of either of (1) the date at which a commitment for performance by the counterparty to earn the equity instruments is reached, or (2) the date at which the counterparty's performance is complete.  Starting in the second quarter of 2013 the Company employed the simplified method to determine the expected term for any options granted because the Company did not have sufficient historical exercise data to provide a reasonable basis upon which to estimate expected term. The Company previously utilized the contractual term as the expected term.
Per share data
Loss per share for the three months ended September 30, 2013 and 2012, respectively, is calculated based on 94,508,983 and 89,292,491 weighted average outstanding shares of common stock.  Loss per share for the nine months ended September 30, 2013 and 2012 respectively, is calculated based on 94,205,611 and 89,198,723 weighted average outstanding shares of common stock.
At September 30, 2013 and 2012, respectively, the Company has outstanding options and warrants to purchase 22,083,046 and 18,711,341 shares of Company common stock, and at September 30, 2013 had notes payable which were convertible into 7,500,000 shares of Company common stock, none of which were included in the diluted computation as their effect would be anti-dilutive.
Environmental Matters
Expenditures for ongoing compliance with environmental regulations that relate to current operations are expensed or capitalized as appropriate. Expenditures resulting from the remediation of existing conditions caused by past operations that do not contribute to future revenue generations are expensed.  Liabilities are recognized when environmental assessments indicate that remediation efforts are probable and the costs can be reasonably estimated.  No such liabilities are currently required on the Company's consolidated balance sheet at September 30, 2013 or December 31, 2012.
Estimates of such liabilities are based upon currently available facts, existing technology and presently enacted laws and regulations taking into consideration the likely effects of inflation and other societal and economic factors, and include estimates of associated legal costs. These amounts also reflect prior experience in remediating contaminated sites, other companies' clean-up experience and data released by The Environmental Protection Agency or other organizations. Such estimates are by their nature imprecise and can be expected to be revised over time because of changes in government regulations, operations, technology and inflation. Recoveries are evaluated separately from the liability and, when recovery is assured, the Company records and reports an asset separately from the associated liability.
Based upon management's current assessment of its environmental responsibilities, the Company cannot reasonably estimate any reclamation or remediation liability that may occur in the future.

STOCK_AWARD_PAYABLE

STOCK AWARD PAYABLE	9 Months Ended
	Sep. 30, 2013
STOCK AWARD PAYABLE [Abstract]	'
STOCK AWARD PAYABLE	'
	NOTE 4 - STOCK AWARD PAYABLE
	In 2007, the Company agreed to grant 100,000 shares in total to an Executive Vice President, John Gaensbauer, as part of his employment agreement.  Shortly after the time of the grant in 2007, Mr. Gaensbauer resigned his position without the shares being issued.  As such, the Company recorded the stock grant as a liability and revalues it based on the quoted price of the Company's stock at the end of each period.  The Company continues to explore its options to resolve this outstanding issue. For the three and nine months ended September 30, 2013, the Company realized a gain of $10,000 and $45,000, respectively. The value of the outstanding stock awards at September 30, 2013 and December 31, 2012 were $109,000 and $154,000, respectively.

INCOME_TAX

INCOME TAX	9 Months Ended
	Sep. 30, 2013
INCOME TAX [Abstract]	'
INCOME TAX	'
	NOTE 5 - INCOME TAX
	Income tax provisions or benefits for interim periods are computed based on the Company's estimated annual effective tax rate.  Based on the Company's historical losses and its expectation of the continuation of losses for the foreseeable future, the Company has determined that it is not more likely than not that deferred tax assets will be realized and, accordingly, has provided a full valuation allowance as of September 30, 2013 and December 31, 2012.

NOTES_PAYABLE

NOTES PAYABLE	9 Months Ended
	Sep. 30, 2013
NOTES PAYABLE [Abstract]	'
NOTES PAYABLE	'
	NOTE 6 - NOTES PAYABLE
	Notes payable at September 30, 2013 and December 31, 2012 consist of the following:
			September 30,			December 31,
			2013			2012
			(unaudited)
	Note payable for mining equipment, payable $5,556 monthly, including interest (a)		$	58,351		$	97,769
	Note payable for mining equipment, payable $950 monthly, including interest (b)			25,455			31,565
	Note payable for mining equipment, payable $6,060 monthly, including interest (c)			93,288			142,840
	Note payable for mining equipment, payable $7,409 monthly, including interest (d)			-0-			10,130
	Note payable for mining equipment, payable $5,000 monthly, including interest (d)			14,864			53,517
	Note payable for mine site vehicle, payable $628 monthly, including interest (e)			30,161			35,816
	Note payable for mining equipment, payable $5,000 monthly, including interest (f)			24,660			64,708
	Note payable for mining equipment, payable $2,250 monthly, including interest (g)			15,465			32,192
	Note payable to an insurance company, payable $16,604 monthly, including interest (h)			-0-			98,714
	Note payable to an insurance company, payable $4,447 monthly, including interest (i)			-0-			30,645
				262,244			597,896
	Less:  Current Portion			(199,191	)		(413,470	)
	Notes Payable, Long-Term Portion		$	63,053		$	184,426
		(a)	On July 7, 2011, the Company purchased mining equipment for $198,838 by issuing a note with an implicit interest rate of 9.34%.  The note is collateralized by the mining equipment with payments of $5,556 for 36 months, which started on August 15, 2011
		(b)	On April 17, 2012, the Company purchased mining equipment for $40,565 by issuing a note with an effective interest rate of 11.279%.  The note is collateralized by the mining equipment with payments of $950 for 48 months, which started on May 1, 2012
		(c)	On July 23, 2012, the Company purchased mining equipment for $169,500 by issuing a note with an interest rate of 5.5%.  The note is collateralized by the mining equipment with payments of $6,060 for 30 months, which started on August 25, 2012
		(d)	On July 19, 2012, the Company purchased two pieces of mining equipment that had been leased for $39,042 and $79,735, respectively, by issuing notes with an implicit interest rate of 5.5% and are collateralized by the mining equipment with payments of $ 7,409 and $5,000 for 4 and 15 months, respectively
		(e)	On September 20, 2012, the Company purchased a vehicle for the mine site for $37,701 by issuing a note with an interest rate of 0%.  The note is collateralized by the vehicle with payments of $628 for 60 months, which started on October 20, 2012
		(f)	On November 16, 2012, the Company purchased a piece of mining equipment that had been leased for $67,960 by issuing a note with an effective interest rate of 5.5%.  The note is collateralized by the mining equipment with payments of $3,518 for three months, then $5,000 for twelve months
		(g)	On November 16, 2012, the Company purchased a piece of mining equipment that had been leased for $33,748 by issuing a note with an effective interest rate of 5.5%.  The note is collateralized by the mining equipment with payments of $1,632 for five months, then $2,250 for twelve months
		(h)	The Company signed a note payable with an insurance company dated October 17, 2012 for directors' and officers' insurance, due in monthly installments, including interest at 3.15%.  The note matured in June 2013 and was repaid.
		(i)	The Company signed a note payable with an insurance company dated October 17, 2012 for liability insurance, due in monthly installments, including interest at 4.732%.  The note matured in July 2013 and was repaid.
	The following is a schedule of the principal maturities for the next five years and the total thereafter on these notes as of September 30, 2013:
	October 2013 – September 2014			199,191
	October 2014 – September 2015			41,563
	October 2015 – September 2016			13,950
	October 2016 – September 2017			7,540
	Thereafter			-
	Total Notes Payable		$	262,244
	During the three and nine months ending September 30, 2013, the Company's interest payments totaled $4,757 and $18,381, respectively.

CONVERTIBLE_DEBT_PIK_NOTES

CONVERTIBLE DEBT (PIK NOTES)	9 Months Ended
	Sep. 30, 2013
CONVERTIBLE DEBT (PIK NOTES) [Abstract]	'
CONVERTIBLE DEBT (PIK NOTES) [Text Block]	'
	NOTE 7 – CONVERTIBLE DEBT (PIK NOTES)
	In August 2013, the Company received $10,500,000 of financing through the private placement of 10% mandatorily convertible Notes due 2023 ("Notes"). The principal amount of the Notes is due on maturity.  The Company can elect to pay semi-annual interest on the Notes with additional PIK Notes containing the same terms as the Notes, except interest will accrue from issuance of such notes. The Company can also elect to pay interest in cash.
	The Notes, including any notes issued in lieu of interest, convert into the Company's common stock at a conversion price of $1.40 per share, which is subject to customary antidilution adjustments.   As of issuance, the Notes are convertible into 7,500,000 shares of the common stock.  The holders may convert the Notes at any time.  The Notes are mandatorily convertible after one year when the weighted average trading price of a share of the common stock for the preceding ten trading days is in excess of the conversion price.  The Notes contain customary representations and warranties and several covenants.  The proceeds will be used for general corporate purposes.  No broker was used and no commission was paid in connection with the sale of the Notes.
	These Notes were not issued with the intent of effectively hedging any future cash flow, fair value of any asset, liability or any net investment in a foreign operation.  These Notes were issued with a down-round provision whereby the conversion price would be adjusted downward in the event that additional shares of the Company's common stock or securities exercisable, convertible or exchangeable for the Company's common stock were issued for cash consideration (e.g. a capital raise) at a price less than the conversion price.  Therefore, the estimated fair value of the conversion feature of $2,055,000 (based on observable inputs) was bifurcated from the Notes and accounted for as a separate derivative liability, which resulted in a corresponding amount of debt discount on the Notes.  The debt discount is being amortized using the effective interest method over the 10-year term of the Notes as Interest Expense, while the PIK Note Derivative is carried at fair value (using a binomial lattice model) until the Notes are converted or otherwise extinguished. Any changes in fair value are recognized in earnings.
	At September 30, 2013, the fair value of the PIK Note Derivative was estimated to be $2,670,000, resulting in a loss of $615,000 for the third quarter of 2013.  In addition, the Company amortized $34,250 of debt discount relating to the PIK Notes Payable, increasing the PIK Notes Payable carrying value to $8,479,250 as of September 30, 2013.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Sep. 30, 2013
STOCKHOLDERS' EQUITY [Abstract]	'
STOCKHOLDERS' EQUITY	'
	NOTE 8 - STOCKHOLDERS' EQUITY
	During the three and nine months ended September 30, 2013 the Company issued a total of 103,607 and 156,026 shares of common stock valued at $117,375 and $194,125, respectively to directors and consultants as payments of fees. In addition, on January 23, 2013 the Company sold, in a privately negotiated transaction, 3,756,757 shares of its common stock at $1.48 per share for gross proceeds of $5,560,000. No broker was used and no commission was paid as part of this transaction.

OPTIONS_AND_WARRANTS_TO_PURCHA

OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK	9 Months Ended
	Sep. 30, 2013
OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK [Abstract]	'
OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK	'
	NOTE 9 - OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK
	Derivative Instruments - Warrants
	The Company issued 5,000,000 warrants ("Samlyn warrants") in connection with the December 22, 2011 private placement of 10,000,000 shares of common stock.  The strike price of these warrants was $2.00 per share at the date of grant.  These warrants were not issued with the intent of effectively hedging any future cash flow, fair value of any asset, liability or any net investment in a foreign operation.  These warrants were issued with a down-round provision whereby the exercise price would be adjusted downward in the event that additional shares of the Company's common stock or securities exercisable, convertible or exchangeable for the Company's common stock were issued at a price less than the exercise price.  Therefore, the fair value of these warrants (based on observable inputs) was recorded as a liability in the balance sheet until they are exercised or expire or are otherwise extinguished.  During the first quarter of 2013, the Company issued 3,756,757 shares of its common stock for gross proceeds of $5,560,000, which triggered a down-round adjustment of $0.03 from $2.00 to $1.97 in the strike price of the Samlyn warrants at that time.  As discussed in Note 7, during August 2013, the Company issued $10,500,000 of 10% mandatorily convertible PIK Notes due 2023 ("Notes") in a private placement, which triggered a down-round adjustment of $0.04 from $1.97 to $1.93 in the strike price of the Samlyn warrants.
	The proceeds from the private placement were allocated between the Common Shares and the Warrants issued in connection with the Private Placement based upon their estimated fair values as of the closing date at December 22, 2011, resulting in the aggregate amount of $6,420,000 to the Stockholders' Equity and $3,580,000 to the warrant derivative.  During 2012, the Company began using a binomial lattice model to value its warrant derivative liability.  Based on the value estimated using the lattice model, a reclassification was recorded as of January 1, 2012 to increase Stockholder's Equity by $780,000 and decrease the warrant derivative liability by the same amount representing the decrease in fair value of the warrant at date of issuance.  This adjustment was not considered by management to be material to the 2011 financial statements.  In subsequent periods, the liability has fluctuated based on the fair value. During the three and nine months ended September 30, 2013, the Company recorded other income of $200,000 and $850,000, respectively, and during the three and nine months ended September 30, 2012, the Company recorded other income (loss) of ($90,000) and $1,440,000, respectively.
	Outstanding Stock Warrants
	No warrants were issued during the nine months ended September 30, 2013. A summary of the status of the warrants outstanding and exercisable at September 30, 2013 is presented below:
					Warrants Outstanding and Exercisable
	Exercise Price				Number Outstanding			Weighted Average Remaining Contractual Life	Weighted Average Exercise Price
	$	0.75				139,340		2.00 years	$	0.75
	$	0.78				213,402		2.34 years	$	0.78
	$	0.8				124,481		2.25 years	$	0.8
	$	1				212,000		1.91 years	$	1
	$	1.15				461,340		7.58 years	$	1.15
	$	1.93				5,000,000		3.23 years	$	1.93
	$	2				54,367		2.84 years	$	2
						6,204,930		3.43 years	$	1.75
	No compensation expense has been recognized for the vesting of warrants to consultants and other outside service providers in the accompanying statements of operations for the nine months ended September 30, 2013. Compensation expense of $210,067 was recognized for the vesting of warrants to consultants and other outside service providers for the nine months ended September 30, 2012.
	Outstanding Stock Options
	The fair value of each of the Company's stock option awards is estimated on the date of grant using the Black-Scholes option-pricing model that uses the assumptions noted in the table below.  Expected volatility is based on an average of historical volatility of the Company's common stock.  The risk-free interest rate for periods within the contractual life of the stock option award is based on the yield curve of a zero-coupon U.S. Treasury Bond on the date the award is granted with a maturity equal to the expected term of the award.
	The significant assumptions relating to the valuation of the Company's options issued for the nine months ended September 30, 2013 and 2012 were as follows:
		2013		2012
	Dividend Yield	0%		0%
	Expected Life	5-10 years		1-10 years
	Expected Volatility	63.47%- 83%		89.06%- 90.48%
	Risk Free Interest Rate	0.88%-2.57%		0.74%- 1.74%
	A summary of the status and changes of the options granted under stock option plans and other agreements for the nine-month period ended September 30, 2013 is as follows:
							Weighted
							Average
							Exercise
			Shares				Price
	Outstanding at December 31, 2012			15,455,471			$	1.04
	Issued			760,867				1.19
	Exercised			--				--
	Forfeited			(338,222	)		$	1.73
	Outstanding at September 30, 2013			15,878,116			$	1.03
	During the nine months ended September 30, 2013, the Company issued 760,867 options to purchase the Company's common stock with an exercise price of $1.10 - $1.58 and grant date fair value of $485,166.  A summary of the status of the options outstanding at September 30, 2013 is presented below:
	Options Outstanding								Options Exercisable
				Weighted		Weighted					Weighted
				Average		Average					Average
	Number			Remaining		Exercise			Number		Exercise
	Outstanding			Contractual Life		Price			Exercisable		Price
		7,358,277		5.19 years		$	0.7			7,358,277	$	0.7
		3,205,134		7.78 years		$	0.83			3,205,134	$	0.83
		60,000		2.75 years		$	1			60,000	$	1
		300,000		9.89 years		$	1.1			--		--
		300,000		9.74 years		$	1.15			8,333	$	1.15
		100,000		4.34 years		$	1.24			100,000	$	1.24
		115,000		7.49 years		$	1.35			81,667	$	1.35
		125,000		4.34 years		$	1.45			125,000	$	1.45
		330,000		8.20 years		$	1.55			171,667	$	1.55
		7,645		4.34 years		$	1.58			7,645	$	1.58
		3,077,060		9.15 years		$	1.66			2,075,508	$	1.66
		900,000		7.89 years		$	1.9			625,000	$	1.9
		15,878,116		6.86 years		$	1.03			13,818,231	$	0.96
	At September 30, 2013, $2,059,304 of unamortized compensation expense for unvested options is expected to be recognized in future periods.
	Compensation expense of $3,478,404 has been recognized for vesting of options for the nine months ended September 30, 2013.  The aggregate intrinsic value of the outstanding options as September 30, 2013 was $3,708,463.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2013
COMMITMENTS AND CONTINGENCIES [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	NOTE 10 - COMMITMENTS AND CONTINGENCIES
	Commitments
	The following table summarizes our contractual obligations as of September 30, 2013 that require us to make future cash payments:
		Payment due by period
		Total		< 1 year		1 - 3 years		3 - 5 years		> 5 years
	Contractual Obligations:
	Rent obligations	$	171,392	$	136,913	$	34,479		--		--
	Capital Purchase Obligations (1)		1,236,524		1,236,524		--		--		--
	Total	$	1,407,916	$	1,373,437	$	34,479		--		--
	(1) Capital purchase obligations represent commitments for the construction or purchase of property, plant and equipment. They were not recorded as liabilities on our consolidated balance sheet as of September 30, 2013, as we had not yet received the related goods or taken title to the property.
	Contingencies
	In accordance with ASC Topic 450, when applicable, the Company records accruals for contingencies when it is probable that a liability will be incurred and the amount of loss can be reasonably estimated.  Currently, we have no lawsuits, claims, proceedings and investigations pending involving us.

RELATED_PARTY

RELATED PARTY	9 Months Ended
	Sep. 30, 2013
RELATED PARTY [Abstract]	'
RELATED PARTY	'
	NOTE 11 - RELATED PARTY
	The Company is a related party to Material Advisors, an entity that provided the Company's management personnel through December 31, 2012.  During 2013, the Company started to pay the key management personnel on an individual basis.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
Exploration-Stage Company	'
	Exploration-Stage Company
	From 1997 through 2008, the Company's sole source of revenue and income was derived from its contract mining business through which it provided shaft sinking, underground mine development and mine labor services. At December 31, 2008, the Company discontinued its contract mining efforts due to economic conditions and the desire to concentrate its efforts on the commercialization of the halloysite clay deposit at the Dragon Mine.
	Effective January 1, 2009, we were, and still are, classified as an exploration company as the existence of proven or probable reserves has not been demonstrated and no significant revenue has been earned from the mine.  Under the SEC's Industry Guide 7, a mining company is considered an exploration stage company until it has declared mineral reserves determined in accordance with the guide and staff interpretations thereof.
Principles of Consolidation	'
	Principles of Consolidation
	The accompanying consolidated financial statements include the accounts of Applied Minerals, Inc. and its controlled subsidiary, Park Copper and Gold Mining Company Limited ("Park Copper"). The financial information related to Park Copper was consolidated into the Company's consolidated financial statements in 2010.  In 1999 we acquired a 53% interest in the Park Copper Mining Company for $72,825, which holds 100 acres of timber and mineral property in northern Idaho.  At December 31, 2011, the investment in Park Copper was fully impaired.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("GAAP") requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period.  In these consolidated financial statements, the warrant and PIK note derivative liabilities, stock compensation and impairment of long-lived assets involve extensive reliance on management's estimates. Actual results could differ from those estimates.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents
	Cash and cash equivalents include all highly-liquid investments with a maturity of three months or less.  The Company minimizes its credit risk by investing its cash and cash equivalents, which sometimes exceeds FDIC limits, with major financial institutions located in the United States with a high credit rating.
Receivables	'
	Receivables
	Trade receivables are reported at outstanding principal amounts, net of an allowance for doubtful accounts.
	Management evaluates the collectability of receivable account balances to determine the allowance, if any. Management considers the other party's credit risk and financial condition, as well as current and projected economic and market conditions, in determining the amount of the allowance. Receivable balances are written off when management determines that the balance is uncollectable.
Property and Equipment	'
	Property and Equipment
	Property and equipment are carried at cost less accumulated depreciation.  Depreciation and amortization is computed on the straight-line method over the estimated useful lives of the assets, or the life of the lease, whichever is shorter, as follows:
		Estimated Useful Life
	Building and Building Improvements	20 – 40 years
	Mining equipment	2 – 7 years
	Office and shop furniture and equipment	3 – 7 years
	Vehicles	5 years
	Depreciation expense for the three months ended September 30, 2013 and 2012 totaled $78,864 and $73,619, respectively. Depreciation expense for the nine months ended September 30, 2013 and 2012 totaled $236,552 and $199,856, respectively. The Company currently does not capitalize any amounts related to proven or probable reserves and therefore does not have any depletion expense.
Fair Value	'
	Fair Value
	The fair value of the Company's financial instruments reflects the amounts that the Company estimates to receive in connection with the sale of an asset or paid in connection with the transfer of a liability in an orderly transaction between market participants at the measurement date (exit price). For financial assets and liabilities that are periodically re-measured to fair value, the Company discloses a fair value hierarchy that prioritizes the use of inputs used in valuation techniques into the following three levels:
	Level 1 - quoted prices in active markets for identical assets and liabilities
	Level 2 - observable inputs other than quoted prices in active markets for identical assets and liabilities
	Level 3 - significant unobservable inputs
	Liabilities measured at fair value on a recurring basis are summarized as follows:
		Fair value measurement using inputs						Carrying amount
	Level 1		Level 2			Level 3		30-Sep-13		31-Dec-12
	Financial instruments:
	Warrant derivative		$	1,095,000				$	1,095,000	$	1,945,000
	PIK Note derivative		$	2,670,000				$	2,670,000		--
	The recorded value of certain financial assets and liabilities, which consist primarily of cash and cash equivalents, receivables, other current assets, and accounts payable and accrued expenses approximate their fair value of the respective assets and liabilities at September 30, 2013 and December 31, 2012 based upon the short-term nature of the assets and liabilities.  Based on borrowing rates currently available to the Company for loans with similar terms, the carrying value of notes payable approximate fair value.  Further, due to the recent placement of the PIK Notes, fair value of the Notes approximates $10,500,000 at September 30, 2013. For the Company's warrant and PIK note derivative liabilities, fair value was estimated using a Binomial Lattice Model using the following assumptions:
	Warrant derivative liability		Fair Value Measurements
			Using Inputs
			30-Sep-13				31-Dec-12
	Market price and estimated fair value of stock		$	1.09			$	1.54
	Exercise price		$	1.93			$	2
	Term (years)			3.23				4
	Dividend yield		$	--			$	--
	Expected volatility			77.34	%			83.3	%
	Risk-free interest rate			0.73	%			0.54	%
	PIK Note derivative liability		Fair Value Measurements
			Using Inputs
			30-Sep-13				31-Dec-12
	Market price and estimated fair value of stock		$	1.09				--
	Exercise price		$	1.4				--
	Term (years)			9.83				--
	Dividend yield		$	--				--
	Expected volatility			77.34	%			--
	Risk-free interest rate			2.63	%			--
Impairment of Long-lived Assets	'
	Impairment of Long-lived Assets
	The Company periodically reviews the carrying amounts of long-lived assets to determine whether current events or circumstances warrant adjustment to such carrying amounts. Long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. When such events occur, the Company compares the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset to its carrying amount. If this comparison indicates that there is an impairment, the amount of the impairment is typically calculated using discounted expected future cash flows where observable fair values are not readily determinable. Considerable management judgment is necessary to estimate the fair value of assets. Assets to be disposed of are carried at the lower of their financial statement carrying amount or fair value, less cost to sell.
Revenue Recognition	'
	Revenue Recognition
	Revenue includes sales of halloysite clay and, commencing in June 2013, iron oxide, and is recognized when title passes to the buyer and when collectability is reasonably assured. Title passes to the buyer based on terms of the sales contract. Product pricing is determined based on related contractual arrangements with the Company's customers.
Mining Exploration and Development Costs	'
	Mining Exploration and Development Costs
	Land and mining property are carried at cost.  The Company expenses prospecting and mining exploration costs.  At the point when a property is determined to have proven and probable reserves, subsequent development costs will be capitalized and will be charged to operations using the units-of-production method over proven and probable reserves. Upon abandonment or sale of a mineral property, all capitalized costs relating to the specific property are written off in the period abandoned or sold and a gain or loss is recognized.
Income taxes	'
	Income taxes
	The Company uses an asset and liability approach which results in the recognition of deferred tax liabilities and assets for the expected future tax consequences or benefits of temporary differences between the financial reporting basis and the tax basis of assets and liabilities, as well as operating loss and tax credit carry forwards, using enacted tax rates in effect in the years in which the differences are expected to reverse.
	In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of its deferred tax assets will not be realized. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. A valuation allowance has been provided for the portion of the Company's net deferred tax assets for which it is more likely than not that they will not be realized.
	The Company is subject to U.S. federal income tax as well as income tax of certain state jurisdictions.  Federal income tax returns subsequent to 2008 are subject to examination by major tax jurisdictions.  The Company's practice is to recognize interest and/or penalties related to income tax matters in income tax expense.
	The Company follows the provision of ASC Topic 740-10, "Income Taxes", relating to recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. It also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods and requires increased disclosures.  This guidance provides that the tax effects from an uncertain tax position can be recognized in our financial statements, only if the position is more likely than not of being sustained on audit, based on the technical merits of the position.
Stock Options and Warrants	'
	Stock Options and Warrants
	The Company follows ASC 718 (Stock Compensation) and 505-50 (Equity-Based Payments to Non-employees), which provide guidance in accounting for share-based awards exchanged for services rendered and requires companies to expense the estimated fair value of these awards over the requisite service period. The Company instituted formal long-term and short-term incentive plans on November 20, 2012, when they were approved by its shareholders.  Prior to that date, we did not have a formal equity plan, but all equity grants, including stock options and warrants, were approved by our Board of Directors.  We determine the fair value of the stock-based compensation awards granted to non-employees as either the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. If the fair value of the equity instruments issued is used, it is measured using the stock price and other measurement assumptions as of the earlier of either of (1) the date at which a commitment for performance by the counterparty to earn the equity instruments is reached, or (2) the date at which the counterparty's performance is complete.  Starting in the second quarter of 2013 the Company employed the simplified method to determine the expected term for any options granted because the Company did not have sufficient historical exercise data to provide a reasonable basis upon which to estimate expected term. The Company previously utilized the contractual term as the expected term.
Per share data	'
	Per share data
	Loss per share for the three months ended September 30, 2013 and 2012, respectively, is calculated based on 94,508,983 and 89,292,491 weighted average outstanding shares of common stock.  Loss per share for the nine months ended September 30, 2013 and 2012 respectively, is calculated based on 94,205,611 and 89,198,723 weighted average outstanding shares of common stock.
	At September 30, 2013 and 2012, respectively, the Company has outstanding options and warrants to purchase 22,083,046 and 18,711,341 shares of Company common stock, and at September 30, 2013 had notes payable which were convertible into 7,500,000 shares of Company common stock, none of which were included in the diluted computation as their effect would be anti-dilutive.
Environmental Matters	'
	Environmental Matters
	Expenditures for ongoing compliance with environmental regulations that relate to current operations are expensed or capitalized as appropriate. Expenditures resulting from the remediation of existing conditions caused by past operations that do not contribute to future revenue generations are expensed.  Liabilities are recognized when environmental assessments indicate that remediation efforts are probable and the costs can be reasonably estimated.  No such liabilities are required on the Company's consolidated balance sheet at September 30, 2013 or December 31, 2012.
	Estimates of such liabilities are based upon currently available facts, existing technology and presently enacted laws and regulations taking into consideration the likely effects of inflation and other societal and economic factors, and include estimates of associated legal costs. These amounts also reflect prior experience in remediating contaminated sites, other companies' clean-up experience and data released by The Environmental Protection Agency or other organizations. Such estimates are by their nature imprecise and can be expected to be revised over time because of changes in government regulations, operations, technology and inflation. Recoveries are evaluated separately from the liability and, when recovery is assured, the Company records and reports an asset separately from the associated liability.
	Based upon management's current assessment of its environmental responsibilities, the Company cannot reasonably estimate any reclamation or remediation liability that may occur in the future.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
Property and Equipment, Estimated Useful Life	'
	Property and equipment are carried at cost less accumulated depreciation.  Depreciation and amortization is computed on the straight-line method over the estimated useful lives of the assets, or the life of the lease, whichever is shorter, as follows:
		Estimated Useful Life
	Building and Building Improvements	20 – 40 years
	Mining equipment	2 – 7 years
	Office and shop furniture and equipment	3 – 7 years
	Vehicles	5 years
Fair value measured on a recurring basis	'
	Liabilities measured at fair value on a recurring basis are summarized as follows:
		Fair value measurement using inputs						Carrying amount
	Level 1		Level 2			Level 3		30-Sep-13		31-Dec-12
	Financial instruments:
	Warrant derivative		$	1,095,000				$	1,095,000	$	1,945,000
	PIK Note derivative		$	2,670,000				$	2,670,000		--
Schedule of derivative liability	'
	For the Company's warrant and PIK note derivative liabilities, fair value was estimated using a Binomial Lattice Model using the following assumptions:
	Warrant derivative liability		Fair Value Measurements
			Using Inputs
			30-Sep-13				31-Dec-12
	Market price and estimated fair value of stock		$	1.09			$	1.54
	Exercise price		$	1.93			$	2
	Term (years)			3.23				4
	Dividend yield		$	--			$	--
	Expected volatility			77.34	%			83.3	%
	Risk-free interest rate			0.73	%			0.54	%
	PIK Note derivative liability		Fair Value Measurements
			Using Inputs
			30-Sep-13				31-Dec-12
	Market price and estimated fair value of stock		$	1.09				--
	Exercise price		$	1.4				--
	Term (years)			9.83				--
	Dividend yield		$	--				--
	Expected volatility			77.34	%			--
	Risk-free interest rate			2.63	%			--

NOTES_PAYABLE_Tables

NOTES PAYABLE (Tables)	9 Months Ended
	Sep. 30, 2013
NOTES PAYABLE [Abstract]	'
Notes Payable	'
	Notes payable at September 30, 2013 and December 31, 2012 consist of the following:
			September 30,			December 31,
			2013			2012
			(unaudited)
	Note payable for mining equipment, payable $5,556 monthly, including interest (a)		$	58,351		$	97,769
	Note payable for mining equipment, payable $950 monthly, including interest (b)			25,455			31,565
	Note payable for mining equipment, payable $6,060 monthly, including interest (c)			93,288			142,840
	Note payable for mining equipment, payable $7,409 monthly, including interest (d)			-0-			10,130
	Note payable for mining equipment, payable $5,000 monthly, including interest (d)			14,864			53,517
	Note payable for mine site vehicle, payable $628 monthly, including interest (e)			30,161			35,816
	Note payable for mining equipment, payable $5,000 monthly, including interest (f)			24,660			64,708
	Note payable for mining equipment, payable $2,250 monthly, including interest (g)			15,465			32,192
	Note payable to an insurance company, payable $16,604 monthly, including interest (h)			-0-			98,714
	Note payable to an insurance company, payable $4,447 monthly, including interest (i)			-0-			30,645
				262,244			597,896
	Less: Current Portion			(199,191	)		(413,470	)
	Notes Payable, Long-Term Portion		$	63,053		$	184,426
		(a)	On July 7, 2011, the Company purchased mining equipment for $198,838 by issuing a note with an implicit interest rate of 9.34%. The note is collateralized by the mining equipment with payments of $5,556 for 36 months, which started on August 15, 2011
		(b)	On April 17, 2012, the Company purchased mining equipment for $40,565 by issuing a note with an effective interest rate of 11.279%. The note is collateralized by the mining equipment with payments of $950 for 48 months, which started on May 1, 2012
		(c)	On July 23, 2012, the Company purchased mining equipment for $169,500 by issuing a note with an interest rate of 5.5%. The note is collateralized by the mining equipment with payments of $6,060 for 30 months, which started on August 25, 2012
		(d)	On July 19, 2012, the Company purchased two pieces of mining equipment that had been leased for $39,042 and $79,735, respectively, by issuing notes with an implicit interest rate of 5.5% and are collateralized by the mining equipment with payments of $ 7,409 and $5,000 for 4 and 15 months, respectively
		(e)	On September 20, 2012, the Company purchased a vehicle for the mine site for $37,701 by issuing a note with an interest rate of 0%. The note is collateralized by the vehicle with payments of $628 for 60 months, which started on October 20, 2012
		(f)	On November 16, 2012, the Company purchased a piece of mining equipment that had been leased for $67,960 by issuing a note with an effective interest rate of 5.5%. The note is collateralized by the mining equipment with payments of $3,518 for three months, then $5,000 for twelve months
		(g)	On November 16, 2012, the Company purchased a piece of mining equipment that had been leased for $33,748 by issuing a note with an effective interest rate of 5.5%. The note is collateralized by the mining equipment with payments of $1,632 for five months, then $2,250 for twelve months
		(h)	The Company signed a note payable with an insurance company dated October 17, 2012 for directors' and officers' insurance, due in monthly installments, including interest at 3.15%. The note matured in June 2013 and was repaid.
		(i)	The Company signed a note payable with an insurance company dated October 17, 2012 for liability insurance, due in monthly installments, including interest at 4.732%. The note matured in July 2013 and was repaid.
Future Minimum Note Payments	'
	The following is a schedule of the principal maturities for the next five years and the total thereafter on these notes as of September 30, 2013:
	October 2013 – September 2014			199,191
	October 2014 – September 2015			41,563
	October 2015 – September 2016			13,950
	October 2016 – September 2017			7,540
	Thereafter			-
	Total Notes Payable		$	262,244

OPTIONS_AND_WARRANTS_TO_PURCHA1

OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK (Tables)	9 Months Ended
	Sep. 30, 2013
OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK [Abstract]	'
Summary of the Status of the Warrants Outstanding	'
	No warrants were issued during the nine months ended September 30, 2013. A summary of the status of the warrants outstanding and exercisable at September 30, 2013 is presented below:
					Warrants Outstanding and Exercisable
	Exercise Price				Number Outstanding			Weighted Average Remaining Contractual Life	Weighted Average Exercise Price
	$	0.75				139,340		2.00 years	$	0.75
	$	0.78				213,402		2.34 years	$	0.78
	$	0.8				124,481		2.25 years	$	0.8
	$	1				212,000		1.91 years	$	1
	$	1.15				461,340		7.58 years	$	1.15
	$	1.93				5,000,000		3.23 years	$	1.93
	$	2				54,367		2.84 years	$	2
						6,204,930		3.43 years	$	1.75
Significant Assumptions Relating to the Valuation of Stock Options	'
	The significant assumptions relating to the valuation of the Company's options issued for the nine months ended September 30, 2013 and 2012 were as follows:
		2013		2012
	Dividend Yield	0%		0%
	Expected Life	5-10 years		1-10 years
	Expected Volatility	63.47%- 83%		89.06%- 90.48%
	Risk Free Interest Rate	0.88%-2.57%		0.74%- 1.74%
Summary of the Status and Changes of the Options Granted Under the Stock Option Plans and Other Agreements	'
	A summary of the status and changes of the options granted under stock option plans and other agreements for the nine-month period ended September 30, 2013 is as follows:
							Weighted
							Average
							Exercise
			Shares				Price
	Outstanding at December 31, 2012			15,455,471			$	1.04
	Issued			760,867				1.19
	Exercised			--				--
	Forfeited			(338,222	)		$	1.73
	Outstanding at September 30, 2013			15,878,116			$	1.03
Summary of the Status of the Options Outstanding	'
	A summary of the status of the options outstanding at September 30, 2013 is presented below:
	Options Outstanding								Options Exercisable
				Weighted		Weighted					Weighted
				Average		Average					Average
	Number			Remaining		Exercise			Number		Exercise
	Outstanding			Contractual Life		Price			Exercisable		Price
		7,358,277		5.19 years		$	0.7			7,358,277	$	0.7
		3,205,134		7.78 years		$	0.83			3,205,134	$	0.83
		60,000		2.75 years		$	1			60,000	$	1
		300,000		9.89 years		$	1.1			--		--
		300,000		9.74 years		$	1.15			8,333	$	1.15
		100,000		4.34 years		$	1.24			100,000	$	1.24
		115,000		7.49 years		$	1.35			81,667	$	1.35
		125,000		4.34 years		$	1.45			125,000	$	1.45
		330,000		8.20 years		$	1.55			171,667	$	1.55
		7,645		4.34 years		$	1.58			7,645	$	1.58
		3,077,060		9.15 years		$	1.66			2,075,508	$	1.66
		900,000		7.89 years		$	1.9			625,000	$	1.9
		15,878,116		6.86 years		$	1.03			13,818,231	$	0.96

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2013
COMMITMENTS AND CONTINGENCIES [Abstract]	'
Summary of Contractual Obligations	'
	The following table summarizes our contractual obligations as of September 30, 2013 that require us to make future cash payments:
		Payment due by period
		Total		< 1 year		1 - 3 years		3 - 5 years		> 5 years
	Contractual Obligations:
	Rent obligations	$	171,392	$	136,913	$	34,479		--		--
	Capital Purchase Obligations (1)		1,236,524		1,236,524		--		--		--
	Total	$	1,407,916	$	1,373,437	$	34,479		--		--
	(1) Capital purchase obligations represent commitments for the construction or purchase of property, plant and equipment. They were not recorded as liabilities on our consolidated balance sheet as of September 30, 2013, as we had not yet received the related goods or taken title to the property.

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)

3 Months Ended

9 Months Ended

57 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Dec. 31, 2012

Dec. 31, 1999

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

acre

Warrant Derivative Liability [Member]

Warrant Derivative Liability [Member]

PIK Note Derivative Liability [Member]

PIK Note Derivative Liability [Member]

Fair Value, Inputs, Level 1 [Member]

Fair Value, Inputs, Level 2 [Member]

Fair Value, Inputs, Level 3 [Member]

Building and Building Improvements [Member]

Building and Building Improvements [Member]

Mining Equipment [Member]

Mining Equipment [Member]

Office and Shop Furniture and Equipment [Member]

Office and Shop Furniture and Equipment [Member]

Vehicles [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Principles of Consolidation [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Ownership percentage in Park Copper Mining (in hundredths)

'

'

'

'

'

'

53.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Value of acquired interest in Park Copper Mining

'

'

'

'

'

'

$72,825

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Volume of timber and mineral property hold by park copper in northern Idaho (in acres)

'

'

'

'

'

'

100

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Property, Plant and Equipment [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Property, plant and equipment, useful life

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'20 years

'40 years

'2 years

'7 years

'3 years

'7 years

'5 years

Depreciation expense

78,864

73,619

236,552

199,856

1,052,740

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair Value Inputs, recurring and non-recurring [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Warrant derivative

1,095,000

'

1,095,000

'

1,095,000

1,945,000

'

'

'

'

'

0

1,095,000

0

'

'

'

'

'

'

'

PIK Note derivative

2,670,000

0

2,670,000

0

2,670,000

0

'

'

'

'

'

0

2,670,000

0

'

'

'

'

'

'

'

Fair Value due to PIK

$10,500,000

'

$10,500,000

'

$10,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Market price and estimated fair value of stock (in dollars per share)

'

'

'

'

'

'

'

$1.09

$1.54

$1.09

$0

'

'

'

'

'

'

'

'

'

'

Exercise price (in dollars per share)

'

'

'

'

'

'

'

$1.93

$2

$1.40

$0

'

'

'

'

'

'

'

'

'

'

Term

'

'

'

'

'

'

'

'3 years 2 months 23 days

'4 years

'9 years 9 months 18 days

'

'

'

'

'

'

'

'

'

'

'

Dividend yield (in hundredths)

'

'

'

'

'

'

'

0.00%

0.00%

0.00%

0.00%

'

'

'

'

'

'

'

'

'

'

Expected volatility rate (in hundredths)

'

'

'

'

'

'

'

77.34%

83.30%

77.34%

0.00%

'

'

'

'

'

'

'

'

'

'

Risk-free interest rate (in hundredths)

'

'

'

'

'

'

'

0.73%

0.54%

2.63%

0.00%

'

'

'

'

'

'

'

'

'

'

Per share data [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted average outstanding shares of common stocks used to calculate loss per share (in shares)

94,508,983

89,292,491

94,205,611

89,198,723

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Outstanding options and warrants to purchase common stock not included in diluted computation (in shares)

22,083,046

18,711,341

22,083,046

18,711,341

22,083,046

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Convertible shares (in shares)

7,500,000

'

7,500,000

'

7,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Non-Controlling Interest [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Ownership percentage of Park Copper and Gold Mining Co Ltd. (in hundredths)

'

'

'

'

'

'

53.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

STOCK_AWARD_PAYABLE_Details

STOCK AWARD PAYABLE (Details) (USD $)	3 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013	Dec. 31, 2012
STOCK AWARD PAYABLE [Abstract]	'	'	'
Number of shares granted and owed to former Executive Vice President (in shares)	100,000	100,000	'
Stock awards payable	$109,000	$109,000	$154,000
Company realized a gain	$10,000	$45,000	'

NOTES_PAYABLE_Details

NOTES PAYABLE (Details) (USD $)

3 Months Ended

9 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Jul. 07, 2011

Sep. 30, 2013

Dec. 31, 2012

Apr. 17, 2012

Sep. 30, 2013

Dec. 31, 2012

Jul. 23, 2012

Sep. 30, 2013

Dec. 31, 2012

Jul. 19, 2012

Sep. 30, 2013

Dec. 31, 2012

Jul. 19, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 20, 2012

Sep. 30, 2013

Dec. 31, 2012

Nov. 16, 2012

Sep. 30, 2013

Dec. 31, 2012

Nov. 16, 2012

Sep. 30, 2013

Dec. 31, 2012

Oct. 17, 2012

Sep. 30, 2013

Dec. 31, 2012

Oct. 17, 2012

Sep. 30, 2013

Dec. 31, 2012

Note Payable Mining Equipment [Member]

Note Payable Mining Equipment [Member]

Note Payable Mining Equipment [Member]

Note Payable Mining Equipment 2 [Member]

Note Payable Mining Equipment 2 [Member]

Note Payable Mining Equipment 2 [Member]

Note Payable Mining Equipment 3 [Member]

Note Payable Mining Equipment 3 [Member]

Note Payable Mining Equipment 3 [Member]

Note Payable Mining Equipment 4 [Member]

Note Payable Mining Equipment 4 [Member]

Note Payable Mining Equipment 4 [Member]

Note Payable Mining Equipment 5 [Member]

Note Payable Mining Equipment 5 [Member]

Note Payable Mining Equipment 5 [Member]

Note Payable Mining Site Vehicle [Member]

Note Payable Mining Site Vehicle [Member]

Note Payable Mining Site Vehicle [Member]

Note Payable Mining Equipment 6 [Member]

Note Payable Mining Equipment 6 [Member]

Note Payable Mining Equipment 6 [Member]

Note Payable Mining Equipment 7 [Member]

Note Payable Mining Equipment 7 [Member]

Note Payable Mining Equipment 7 [Member]

Note Payable Insurance Company [Member]

Note Payable Insurance Company [Member]

Note Payable Insurance Company [Member]

Note Payable Insurance Company 2 [Member]

Note Payable Insurance Company 2 [Member]

Note Payable Insurance Company 2 [Member]

NOTES PAYABLE [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total Notes Payable

$262,244

$262,244

$597,896

'

$58,351

[1]

$97,769

[1]

'

$25,455

[2]

$31,565

[2]

'

$93,288

[3]

$142,840

[3]

'

$0

[4]

$10,130

[4]

'

$14,864

[4]

$53,517

[4]

'

$30,161

[5]

$35,816

[5]

'

$24,660

[6]

$64,708

[6]

'

$15,465

[7]

$32,192

[7]

'

$0

[8]

$98,714

[8]

'

$0

[9]

$30,645

[9]

Less: current portion

-199,191

-199,191

-413,470

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Note payable, long-term portion

63,053

63,053

184,426

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Monthly debt repayment

'

'

'

5,556

'

'

950

'

'

6,060

'

'

7,409

'

'

5,000

'

'

628

'

'

5,000

'

'

1,632

'

'

16,604

'

'

4,447

'

'

Face amount

'

'

'

198,838

'

'

40,565

'

'

169,500

'

'

39,042

'

'

79,735

'

'

37,701

'

'

67,960

'

'

33,748

'

'

'

'

'

'

'

'

Implicit interest rate (in hundredths)

'

'

'

9.34%

'

'

11.28%

'

'

5.50%

'

'

5.50%

'

'

5.50%

'

'

0.00%

'

'

5.50%

'

'

5.50%

'

'

3.15%

'

'

4.73%

'

'

Debt repayment period (in months)

'

'

'

'36 months

'

'

'48 months

'

'

'30 months

'

'

'4 months

'

'

'15 months

'

'

'60 months

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Monthly debt repayment, first three months

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,518

'

'

'

'

'

'

'

'

'

'

'

Monthly debt repayment, next twelve months

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5,000

'

'

2,250

'

'

'

'

'

'

'

'

Maturity date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

30-Jun-13

'

'

31-Jul-13

'

'

Future minimum note payment [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

October 2013 - September 2014

199,191

199,191

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

October 2014 - September 2015

41,563

41,563

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

October 2015 - September 2016

13,950

13,950

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

October 2016 - September 2017

7,540

7,540

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Thereafter

0

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest payments

$4,757

$18,381

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

[1]

On July 7, 2011, the Company purchased mining equipment for $198,838 by issuing a note with an implicit interest rate of 9.34%. The note is collateralized by the mining equipment with payments of $5,556 for 36 months, which started on August 15, 2011

[2]

On April 17, 2012, the Company purchased mining equipment for $40,565 by issuing a note with an effective interest rate of 11.279%. The note is collateralized by the mining equipment with payments of $950 for 48 months, which started on May 1, 2012

[3]

On July 23, 2012, the Company purchased mining equipment for $169,500 by issuing a note with an interest rate of 5.5%. The note is collateralized by the mining equipment with payments of $6,060 for 30 months, which started on August 25, 2012

[4]

On July 19, 2012, the Company purchased two pieces of mining equipment that had been leased for $39,042 and $79,735, respectively, by issuing notes with an implicit interest rate of 5.5% and are collateralized by the mining equipment with payments of $ 7,409 and $5,000 for 4 and 15 months, respectively

[5]

On September 20, 2012, the Company purchased a vehicle for the mine site for $37,701 by issuing a note with an interest rate of 0%. The note is collateralized by the vehicle with payments of $628 for 60 months, which started on October 20, 2012

[6]

On November 16, 2012, the Company purchased a piece of mining equipment that had been leased for $67,960 by issuing a note with an effective interest rate of 5.5%. The note is collateralized by the mining equipment with payments of $3,518 for three months, then $5,000 for twelve months

[7]

On November 16, 2012, the Company purchased a piece of mining equipment that had been leased for $33,748 by issuing a note with an effective interest rate of 5.5%. The note is collateralized by the mining equipment with payments of $1,632 for five months, then $2,250 for twelve months

[8]

The Company signed a note payable with an insurance company dated October 17, 2012 for directors' and officers' insurance, due in monthly installments, including interest at 3.15%. The note matured in June 2013 and was repaid.

[9]

The Company signed a note payable with an insurance company dated October 17, 2012 for liability insurance, due in monthly installments, including interest at 4.732%. The note matured in July 2013 and was repaid.

CONVERTIBLE_DEBT_PIK_NOTES_Det

CONVERTIBLE DEBT (PIK NOTES) (Details) (USD $)	3 Months Ended		9 Months Ended		57 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012
CONVERTIBLE DEBT (PIK NOTES) [Abstract]	'	'	'	'	'	'
Financing received	$10,500,000	'	$10,500,000	'	'	'
Rate of convertible debt (in hundredths)	10.00%	'	10.00%	'	10.00%	'
Common stock conversion price (in dollars per share)	$1.40	'	$1.40	'	$1.40	'
Convertible shares (in shares)	7,500,000	'	7,500,000	'	7,500,000	'
Period before notes are mandatorily convertible	'1 year	'	'	'	'	'
Number of trading days after notes are mandatorily convertible	'10 days	'	'	'	'	'
Estimated fair value of the conversion feature	2,055,000	'	2,055,000	'	2,055,000	'
Term of note	'10 years	'	'	'	'	'
Fair value of the PIK Note Derivative	2,670,000	0	2,670,000	0	2,670,000	0
Loss on the fair value of the PIK Note Derivative	615,000	0	615,000	0	615,000	'
Amortization of debt discount relating to the PIK Notes Payable	34,250	'	'	'	'	'
Payable carrying value	$8,479,250	'	$8,479,250	'	$8,479,250	$0

STOCKHOLDERS_EQUITY_Details

STOCKHOLDERS' EQUITY (Details) (USD $)	0 Months Ended	3 Months Ended	9 Months Ended		57 Months Ended	3 Months Ended		9 Months Ended
	Dec. 22, 2011	Mar. 31, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Mar. 31, 2013	Sep. 30, 2013	Sep. 30, 2013
						Common Stock [Member]	Directors and Consultants [Member]	Directors and Consultants [Member]
Share-based Goods and Nonemployee Services Transaction [Line Items]	'	'	'	'	'	'	'	'
Shares issued for services (in shares)	'	'	'	'	'	'	103,607	156,026
Shares issued for services, Value	'	'	'	'	'	'	$117,375	$194,125
Class of Stock [Line Items]	'	'	'	'	'	'	'	'
Shares sold (in shares)	10,000,000	3,756,757	'	'	'	3,756,757	'	'
Sale price per share (in dollars per share)	'	'	'	'	'	$1.48	'	'
Proceeds from the sale of stock	'	$5,560,000	$5,560,000	$0	$21,370,000	$5,560,000	'	'

OPTIONS_AND_WARRANTS_TO_PURCHA2

OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK (Details) (USD $)	0 Months Ended	3 Months Ended			9 Months Ended		12 Months Ended	57 Months Ended
	Dec. 22, 2011	Sep. 30, 2013	Mar. 31, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 30, 2013
Derivative Instruments - Warrants [Abstract]	'	'	'	'	'	'	'	'
Warrants issued (in shares)	5,000,000	'	'	'	0	'	'	'
Common shares issued in private placement (in shares)	10,000,000	'	3,756,757	'	'	'	'	'
Strike price of warrants (in dollars per share)	$2	'	$1.97	'	'	'	'	'
Gross proceeds from issuance of common stocks	'	'	$5,560,000	'	$5,560,000	$0	'	$21,370,000
Mandatory convertible PIK Notes issued	'	10,500,000	'	'	10,500,000	'	'	'
Percentage of mandatory convertible PIK Notes issued (in hundredths)	'	10.00%	'	'	10.00%	'	'	10.00%
Strike price of Samlyn warrants	'	'	$0.03	'	'	'	'	'
Proceeds from private placement allocated to common stock	6,420,000	'	'	'	'	'	'	'
Proceeds from private placement allocated to warrant derivative liability	3,580,000	'	'	'	'	'	'	'
Reclassification from warrant derivative liability due to change in valuation methodology	'	'	'	'	'	'	780,000	'
Other income from decrease in warrant derivative liability	'	200,000	'	-90,000	850,000	1,440,000	'	'
Warrants, Exercise Price [Line Items]	'	'	'	'	'	'	'	'
Warrants outstanding, Number (in shares)	'	6,204,930	'	'	6,204,930	'	'	6,204,930
Warrants outstanding, Weighted average remaining contractual life	'	'	'	'	'2 years 10 months 2 days	'	'	'
Warrants compensation expense	'	0	'	'	0	210,067	'	'
Fair Value Assumptions [Abstract]	'	'	'	'	'	'	'	'
Dividend Yield (in hundredths)	'	'	'	'	0.00%	0.00%	'	'
Stock Options, Shares [Roll Forward]	'	'	'	'	'	'	'	'
Outstanding at beginning of period (in shares)	'	'	15,455,471	'	15,455,471	'	'	'
Issued (in shares)	'	'	'	'	760,867	'	'	'
Exercised (in shares)	'	'	'	'	0	'	'	'
Forfeited (in shares)	'	'	'	'	-338,222	'	'	'
Outstanding at end of period (in shares)	'	15,878,116	'	'	15,878,116	'	15,455,471	15,878,116
Stock Options, Weighted Average Exercise Price [Roll Forward]	'	'	'	'	'	'	'	'
Outstanding at beginning of period (in dollars per share)	'	'	$1.04	'	$1.04	'	'	'
Issued (in dollars per share)	'	'	'	'	$1.19	'	'	'
Exercised (in dollars per share)	'	'	'	'	$0	'	'	'
Forfeited (in dollars per share)	'	'	'	'	$1.73	'	'	'
Outstanding at end of period (in dollars per share)	'	$1.03	'	'	$1.03	'	$1.04	$1.03
Stock options, grant date fair value	'	485,166	'	'	485,166	'	'	485,166
Exercise Price 0.70 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Number (in shares)	'	7,358,277	'	'	7,358,277	'	'	7,358,277
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'5 years 2 months 8 days	'	'	'
Options outstanding, Weighted average exercise price (in dollars per share)	'	$0.70	'	'	$0.70	'	'	$0.70
Options exercisable, Number (in shares)	'	7,358,277	'	'	7,358,277	'	'	7,358,277
Options exercisable, Weighted average exercise price (in dollars per share)	'	$0.70	'	'	$0.70	'	'	$0.70
Exercise Price 0.83 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Number (in shares)	'	3,205,134	'	'	3,205,134	'	'	3,205,134
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'7 years 9 months 11 days	'	'	'
Options outstanding, Weighted average exercise price (in dollars per share)	'	$0.83	'	'	$0.83	'	'	$0.83
Options exercisable, Number (in shares)	'	3,205,134	'	'	3,205,134	'	'	3,205,134
Options exercisable, Weighted average exercise price (in dollars per share)	'	$0.83	'	'	$0.83	'	'	$0.83
Exercise Price 1.00 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Number (in shares)	'	60,000	'	'	60,000	'	'	60,000
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'2 years 9 months	'	'	'
Options outstanding, Weighted average exercise price (in dollars per share)	'	$1	'	'	$1	'	'	$1
Options exercisable, Number (in shares)	'	60,000	'	'	60,000	'	'	60,000
Options exercisable, Weighted average exercise price (in dollars per share)	'	$1	'	'	$1	'	'	$1
Exercise Price 1.03 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Number (in shares)	'	15,878,116	'	'	15,878,116	'	'	15,878,116
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'6 years 10 months 10 days	'	'	'
Options outstanding, Weighted average exercise price (in dollars per share)	'	$1.03	'	'	$1.03	'	'	$1.03
Options exercisable, Number (in shares)	'	13,818,231	'	'	13,818,231	'	'	13,818,231
Options exercisable, Weighted average exercise price (in dollars per share)	'	$0.96	'	'	$0.96	'	'	$0.96
Exercise Price 1.10 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Number (in shares)	'	300,000	'	'	300,000	'	'	300,000
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'9 years 10 months 20 days	'	'	'
Options outstanding, Weighted average exercise price (in dollars per share)	'	$1.10	'	'	$1.10	'	'	$1.10
Options exercisable, Number (in shares)	'	0	'	'	0	'	'	0
Options exercisable, Weighted average exercise price (in dollars per share)	'	$0	'	'	$0	'	'	$0
Exercise Price 1.15 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Number (in shares)	'	300,000	'	'	300,000	'	'	300,000
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'9 years 8 months 26 days	'	'	'
Options outstanding, Weighted average exercise price (in dollars per share)	'	$1.15	'	'	$1.15	'	'	$1.15
Options exercisable, Number (in shares)	'	8,333	'	'	8,333	'	'	8,333
Options exercisable, Weighted average exercise price (in dollars per share)	'	$1.15	'	'	$1.15	'	'	$1.15
Exercise Price 1.24 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Number (in shares)	'	100,000	'	'	100,000	'	'	100,000
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'4 years 4 months 2 days	'	'	'
Options outstanding, Weighted average exercise price (in dollars per share)	'	$1.24	'	'	$1.24	'	'	$1.24
Options exercisable, Number (in shares)	'	100,000	'	'	100,000	'	'	100,000
Options exercisable, Weighted average exercise price (in dollars per share)	'	$1.24	'	'	$1.24	'	'	$1.24
Exercise Price 1.35 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Number (in shares)	'	115,000	'	'	115,000	'	'	115,000
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'7 years 5 months 26 days	'	'	'
Options outstanding, Weighted average exercise price (in dollars per share)	'	$1.35	'	'	$1.35	'	'	$1.35
Options exercisable, Number (in shares)	'	81,667	'	'	81,667	'	'	81,667
Options exercisable, Weighted average exercise price (in dollars per share)	'	$1.35	'	'	$1.35	'	'	$1.35
Exercise Price 1.45 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Number (in shares)	'	125,000	'	'	125,000	'	'	125,000
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'4 years 4 months 2 days	'	'	'
Options outstanding, Weighted average exercise price (in dollars per share)	'	$1.45	'	'	$1.45	'	'	$1.45
Options exercisable, Number (in shares)	'	125,000	'	'	125,000	'	'	125,000
Options exercisable, Weighted average exercise price (in dollars per share)	'	$1.45	'	'	$1.45	'	'	$1.45
Exercise Price 1.55 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Number (in shares)	'	330,000	'	'	330,000	'	'	330,000
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'8 years 2 months 12 days	'	'	'
Options outstanding, Weighted average exercise price (in dollars per share)	'	$1.55	'	'	$1.55	'	'	$1.55
Options exercisable, Number (in shares)	'	171,667	'	'	171,667	'	'	171,667
Options exercisable, Weighted average exercise price (in dollars per share)	'	$1.55	'	'	$1.55	'	'	$1.55
Exercise Price 1.58 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Number (in shares)	'	7,645	'	'	7,645	'	'	7,645
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'4 years 4 months 2 days	'	'	'
Options outstanding, Weighted average exercise price (in dollars per share)	'	$1.58	'	'	$1.58	'	'	$1.58
Options exercisable, Number (in shares)	'	7,645	'	'	7,645	'	'	7,645
Options exercisable, Weighted average exercise price (in dollars per share)	'	$1.58	'	'	$1.58	'	'	$1.58
Exercise Price 1.66 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Number (in shares)	'	3,077,060	'	'	3,077,060	'	'	3,077,060
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'9 years 1 month 24 days	'	'	'
Options outstanding, Weighted average exercise price (in dollars per share)	'	$1.66	'	'	$1.66	'	'	$1.66
Options exercisable, Number (in shares)	'	2,075,508	'	'	2,075,508	'	'	2,075,508
Options exercisable, Weighted average exercise price (in dollars per share)	'	$1.66	'	'	$1.66	'	'	$1.66
Exercise Price 1.90 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Number (in shares)	'	900,000	'	'	900,000	'	'	900,000
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'7 years 10 months 20 days	'	'	'
Options outstanding, Weighted average exercise price (in dollars per share)	'	$1.90	'	'	$1.90	'	'	$1.90
Options exercisable, Number (in shares)	'	625,000	'	'	625,000	'	'	625,000
Options exercisable, Weighted average exercise price (in dollars per share)	'	$1.90	'	'	$1.90	'	'	$1.90
Stock Options [Member]	'	'	'	'	'	'	'	'
Stock Options, Weighted Average Exercise Price [Roll Forward]	'	'	'	'	'	'	'	'
Vesting period of options	'	'	'	'	'12 months	'	'	'
Compensation Cost Not Yet Recognized [Abstract]	'	'	'	'	'	'	'	'
Compensation cost not yet recognized, Stock options	'	2,059,304	'	'	2,059,304	'	'	2,059,304
Compensation cost not yet recognized, Period for recognition	'	'	'	'	'37 months	'	'	'
Share-based compensation expense	'	'	'	'	3,478,404	'	'	'
Intrinsic value of outstanding options	'	$3,708,463	'	'	$3,708,463	'	'	$3,708,463
Minimum [Member]	'	'	'	'	'	'	'	'
Fair Value Assumptions [Abstract]	'	'	'	'	'	'	'	'
Expected Life	'	'	'	'	'1 year	'5 years	'	'
Expected Volatility (in hundredths)	'	'	'	'	63.47%	89.06%	'	'
Risk Free Interest Rate (in hundredths)	'	'	'	'	0.88%	0.74%	'	'
Stock Options, Weighted Average Exercise Price [Roll Forward]	'	'	'	'	'	'	'	'
Issued (in dollars per share)	'	'	'	'	$1.10	'	'	'
Minimum [Member] | Exercise Price 1.35 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'4 years 11 months 23 days	'	'	'
Minimum [Member] | Exercise Price 1.55 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'3 years 11 months 16 days	'	'	'
Minimum [Member] | Exercise Price 1.66 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'9 years 5 months 23 days	'	'	'
Maximum [Member]	'	'	'	'	'	'	'	'
Fair Value Assumptions [Abstract]	'	'	'	'	'	'	'	'
Expected Life	'	'	'	'	'10 years	'10 years	'	'
Expected Volatility (in hundredths)	'	'	'	'	83.00%	90.48%	'	'
Risk Free Interest Rate (in hundredths)	'	'	'	'	2.57%	1.74%	'	'
Stock Options, Weighted Average Exercise Price [Roll Forward]	'	'	'	'	'	'	'	'
Issued (in dollars per share)	'	'	'	'	$1.58	'	'	'
Maximum [Member] | Exercise Price 1.35 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'4 years 11 months 26 days	'	'	'
Maximum [Member] | Exercise Price 1.55 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'8 years 11 months 16 days	'	'	'
Maximum [Member] | Exercise Price 1.66 [Member]	'	'	'	'	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'	'	'	'	'
Options outstanding, Weighted average remaining contractual life	'	'	'	'	'9 years 6 months 11 days	'	'	'
Exercise Price 0.75 [Member]	'	'	'	'	'	'	'	'
Warrants, Exercise Price [Line Items]	'	'	'	'	'	'	'	'
Exercise price (in dollars per share)	'	$0.75	'	'	$0.75	'	'	$0.75
Warrants outstanding, Number (in shares)	'	139,340	'	'	139,340	'	'	139,340
Warrants outstanding, Weighted average remaining contractual life	'	'	'	'	'2 years	'	'	'
Warrants outstanding, Weighted average exercise price (in dollars per share)	'	$0.75	'	'	$0.75	'	'	$0.75
Exercise Price 0.78 [Member]	'	'	'	'	'	'	'	'
Warrants, Exercise Price [Line Items]	'	'	'	'	'	'	'	'
Exercise price (in dollars per share)	'	$0.78	'	'	$0.78	'	'	$0.78
Warrants outstanding, Number (in shares)	'	213,402	'	'	213,402	'	'	213,402
Warrants outstanding, Weighted average remaining contractual life	'	'	'	'	'2 years 4 months 2 days	'	'	'
Warrants outstanding, Weighted average exercise price (in dollars per share)	'	$0.78	'	'	$0.78	'	'	$0.78
Exercise Price 0.80 [Member]	'	'	'	'	'	'	'	'
Warrants, Exercise Price [Line Items]	'	'	'	'	'	'	'	'
Exercise price (in dollars per share)	'	$0.80	'	'	$0.80	'	'	$0.80
Warrants outstanding, Number (in shares)	'	124,481	'	'	124,481	'	'	124,481
Warrants outstanding, Weighted average remaining contractual life	'	'	'	'	'2 years 3 months	'	'	'
Warrants outstanding, Weighted average exercise price (in dollars per share)	'	$0.80	'	'	$0.80	'	'	$0.80
Exercise Price 1.00 [Member]	'	'	'	'	'	'	'	'
Warrants, Exercise Price [Line Items]	'	'	'	'	'	'	'	'
Exercise price (in dollars per share)	'	$1	'	'	$1	'	'	$1
Warrants outstanding, Number (in shares)	'	212,000	'	'	212,000	'	'	212,000
Warrants outstanding, Weighted average remaining contractual life	'	'	'	'	'1 year 10 months 28 days	'	'	'
Warrants outstanding, Weighted average exercise price (in dollars per share)	'	$1	'	'	$1	'	'	$1
Exercise Price 1.15 [Member]	'	'	'	'	'	'	'	'
Warrants, Exercise Price [Line Items]	'	'	'	'	'	'	'	'
Exercise price (in dollars per share)	'	$1.15	'	'	$1.15	'	'	$1.15
Warrants outstanding, Number (in shares)	'	461,340	'	'	461,340	'	'	461,340
Warrants outstanding, Weighted average remaining contractual life	'	'	'	'	'7 years 6 months 29 days	'	'	'
Warrants outstanding, Weighted average exercise price (in dollars per share)	'	$1.15	'	'	$1.15	'	'	$1.15
Exercise Price 1.93 [Member]	'	'	'	'	'	'	'	'
Warrants, Exercise Price [Line Items]	'	'	'	'	'	'	'	'
Exercise price (in dollars per share)	'	$1.93	'	'	$1.93	'	'	$1.93
Warrants outstanding, Number (in shares)	'	5,000,000	'	'	5,000,000	'	'	5,000,000
Warrants outstanding, Weighted average exercise price (in dollars per share)	'	$1.93	'	'	$1.93	'	'	$1.93
Exercise Price 2.00 [Member]	'	'	'	'	'	'	'	'
Warrants, Exercise Price [Line Items]	'	'	'	'	'	'	'	'
Exercise price (in dollars per share)	'	$2	'	'	$2	'	'	$2
Warrants outstanding, Number (in shares)	'	54,367	'	'	54,367	'	'	54,367
Warrants outstanding, Weighted average remaining contractual life	'	'	'	'	'3 years 2 months 23 days	'	'	'
Warrants outstanding, Weighted average exercise price (in dollars per share)	'	$2	'	'	$2	'	'	$2
Exercise Price 1.75 [Member]	'	'	'	'	'	'	'	'
Warrants, Exercise Price [Line Items]	'	'	'	'	'	'	'	'
Warrants outstanding, Weighted average remaining contractual life	'	'	'	'	'3 years 5 months 5 days	'	'	'
Warrants outstanding, Weighted average exercise price (in dollars per share)	'	$1.75	'	'	$1.75	'	'	$1.75

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	Sep. 30, 2013
Rent obligations [Abstract]	'
Total	$171,392
Less than 1 year	136,913
1 - 3 Years	34,479
3 - 5 Years	0
More than 5 years	0
Capital Purchase Obligations [Abstract]	'
Total	1,236,524	[1]
Less than 1 Year	1,236,524	[1]
1 - 3 years	0	[1]
3 - 5 years	0	[1]
More than 5 years	0	[1]
Contractual Obligations [Abstract]	'
Total	1,407,916
Less than 1 year	1,373,437
1 - 3 years	34,479
3 - 5 Years	0
More than 5 Years	$0
[1]	Capital purchase obligations represent commitments for the construction or purchase of property, plant and equipment. They were not recorded as liabilities on our consolidated balance sheet as of September 30, 2013, as we had not yet received the related goods or taken title to the property.