 |
v2.4.0.6
|
Consolidated Balance Sheets (USD $)
|
Sep. 30, 2012
|
Sep. 30, 2011
|
| Current |
|
|
| Cash and cash equivalents |
$ 558 |
$ 1,674 |
| Prepaid expense |
10,249 |
|
| Total Current Assets |
10,807 |
1,674 |
| Other |
|
|
| Investment in Mineral Properties (Note 5) |
14,360 |
10,000 |
| Total Assets |
25,167 |
11,674 |
| Current Liabilities |
|
|
| Accounts payable and accrued liabilities (Note 6) |
19,788 |
11,800 |
| Due from related party (Note 9) |
|
2,500 |
| Convertible debentures (Note 7) |
20,124 |
18,618 |
| Demand Loans |
15,468 |
|
| Shareholder's demand loans (Note 8) |
131,366 |
120,960 |
| Share issuance liability |
4,500 |
7,500 |
| Total Current Liabilities |
191,246 |
161,378 |
| Stockholders' Deficit |
|
|
| Capital stock (Note 11) Authorized 225,000,000 of common shares, par value $0.001, Issued and outstanding 2012 - 169,179 common shares, par value $0.001 (Note 11) 2011 - 42,171 common shares, par value $0.001 |
169 |
42 |
| Additional paid-in capital |
1,462,180 |
1,387,979 |
| Deficit, accumulated during the development stage |
(1,628,428) |
(1,537,725) |
| Total Stockholders' Deficit |
(166,079) |
(149,704) |
| Total liabilities and Stockholders' Deficit |
$ 25,167 |
$ 11,674 |
| X |
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Shareholder’s demand loans (Note 8)
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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.
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