Company issued subscriptions payable for shares of common stock {1}
Company issued subscriptions payable for shares of common stock
Company issued subscriptions payable for shares of common stock
Issued and outstanding shares of Series A Convertible Preferred stock
Issued and outstanding shares of Series A Convertible Preferred stock
Note resulted in gain on settlement
Note resulted in gain on settlement
Accrued interest of Promissory Note included in accounts payable and accrued liabilities.
Accrued interest of Promissory Note included in accounts payable and accrued liabilities.
Note principal and interest was paid through the issuance of shares
Note principal and interest was paid through the issuance of shares
Notes payable agreements
Equipment under Construction Details
PROMISSORY NOTES {1}
PROMISSORY NOTES
NOTES PAYABLE
RECENT ACCOUNTING PRONOUNCEMENTS AFFECTING THE COMPANY {1}
RECENT ACCOUNTING PRONOUNCEMENTS AFFECTING THE COMPANY
Taxes paid
Gain on change in fair value of derivative instrument
Gain on change in fair value of derivative instrument
Total revenues
Total revenues
Common Stock, Shares Outstanding
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
CONTINGENT LIABILITIES (Note 14)
FIXED ASSETS
CURRENT ASSETS
Entity Current Reporting Status
Document and Entity Information:
Common stock for settlement of accounts payable
Common stock for settlement of accounts payable
Authorized shares of Preferred stock
The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.
Shares of common stock of the Company, with interest
Shares of common stock of the Company, with interest
Company received cash advances from three unrelated shareholders of the Company
Company received cash advances from three unrelated shareholders of the Company
Balance of these advances totaled
Balance of these advances totaled
Company recorded a gain on settlement of debt
Company recorded a gain on settlement of debt
Compensation due is included in share subscriptions payable
Compensation due is included in share subscriptions payable
EQUIPMENT (TABLES)
CONTINGENT LIABILITIES:
PROMISSORY NOTES
Reclassification of equipment held for sale to property and equipment
Reclassification of equipment held for sale to property and equipment
Proceeds from the issuance of convertible promissory notes
Payment of notes payable
Payment of notes payable
Foreign exchange
Interest
Amount of the cost of borrowed funds accounted for as interest expense.
Expenses
Obligations under share subscription agreements
Obligations under share subscription agreements
Company issued the Holder shares of common stock with a fair value
Company issued the Holder shares of common stock with a fair value
Shares of common stock of the Company issued as fee for Promissory Note holders
Shares of common stock of the Company issued as fee for Promissory Note holders
Bearing interest per annum
Bearing interest per annum
Loan is due in days
Loan is due in days
Depreciation expense
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
Total Equipment Accumulated Depreciation
Total Equipment Accumulated Depreciation
Mining tools and equipment
The estimated life of Mining tools and equipment
Comprehensive Loss
Fair Value of Financial Instruments, Policy
Use of Estimates, Policy
NET CASH PROVIDED BY INVESTING ACTIVITIES
Interest expense
Preferred Stock, Shares Outstanding
Property and equipment, net of accumulated depreciation
Company issued subscriptions payable for shares of common stock {2}
Company issued subscriptions payable for shares of common stock
Company issued subscriptions payable for shares of common stock
Company issued subscriptions payable for shares of common stock in cash
Company issued subscriptions payable for shares of common stock in cash
Issued and outstanding shares of Common Stock
Issued and outstanding shares of Common Stock
Accrued interest included in accounts payable and accrued liabilities
Accrued interest included in accounts payable and accrued liabilities
Conversion price Maximum
Conversion price Maximum
Shares of common stock due to Mr. Thompson
Shares of common stock due to Mr. Thompson
Total Equipment March 31, 2016 Net Book Value
Total Equipment March 31, 2016 Net Book Value
Mining tools and equipment Cost
Mining tools and equipment Cost
Income Taxes
Mineral Property Rights
ACCOUNTS PAYABLE - RELATED PARTIES
Shares issued for equipment purchase
Shares issued for equipment purchase
Supplemental disclosure of non-cash investing and financing activities:
Advances from related party
Advances from related party
Changes in operating assets and liabilities:
Revenues
Accumulated deficit
Promissory notes (net of unamortized debt discount of $64,350 and $88,480, respectively)
Equipment under construction
OTHER ASSETS
ASSETS
Entity Central Index Key
Document Period End Date
Document Type
Company cancelled shares of common stock previously issued to satisfy obligations
Company cancelled shares of common stock previously issued to satisfy obligations
CONTINGENT LIABILITIES Details
Interest payable
Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
Company Promissory Notes
Going Concern details
Revenue Recognition, Policy
Shares issued for settlement of notes payable
Loss on settlement of debt, accounts payable {1}
Loss on settlement of debt, accounts payable
BASIC AND DILUTED LOSS PER COMMON SHARE
Loss on settlement of debt, accounts payable
Exploration
Series A Convertible Preferred Stock, Shares Authorized
Series A Convertible Preferred Stock, Shares Authorized
534,561,749 shares of Common Stock (480,601,620 - March 31, 2016)
Carrying amount of convertible preferred stock.
CURRENT LIABILITIES
Amendment Flag
Value per share on conversion in to common stock
Value per share on conversion in to common stock
Note is recorded net of discount {1}
Note is recorded net of discount
Note is recorded net of discount
Notes were settled on issuance of the convertible promissory note
Notes were settled on issuance of the convertible promissory note
Note principal and interest was paid in cash
Note principal and interest was paid in cash
Company issued shares of common stock
Company issued shares of common stock
Incurred rent expense
Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line.
Equipment under construction totaled
Equipment under construction totaled
SUBSEQUENT EVENTS
ORGANIZATION AND BUSINESS OF COMPANY
Other
Series A Convertible Preferred Stock, Shares Outstanding
Series A Convertible Preferred Stock, Shares Outstanding
Entity Filer Category
Common stock for settlement of interest payable
Common stock for settlement of interest payable
Issued and outstanding shares of Preferred stock
Issued and outstanding shares of Preferred stock
The Note is recorded net of discount
The Note is recorded net of discount
Agreed to cancel all other notes, contracts or other agreements with a carrying value
Agreed to cancel all other notes, contracts or other agreements with a carrying value
Debt discount
Debt discount
Balance of these advances totaled {1}
Balance of these advances totaled
Balance of these advances totaled
CONTINGENT LIABILITIES
Represents the textual narrative disclosure of CONTINGENT LIABILITIES, during the indicated time period.
ACCOUNTS PAYABLE - RELATED PARTIES {1}
ACCOUNTS PAYABLE - RELATED PARTIES
Reclassification of property and equipment to equipment under construction
Reclassification of property and equipment to equipment under construction
Common Stock, Shares Issued
850,000,000 shares of Common Stock, $0.001 par value per share
1,000,000 shares of Series A Convertible Preferred Stock, $0.001 par value per share
Carrying amount of convertible preferred stock.
Document Fiscal Year Focus
Entity Common Stock, Shares Outstanding
Company issued shares of common stock in services
Company issued shares of common stock in services
Value of common stock of the Company issued as fee for Promissory Note holders
Value of common stock of the Company issued as fee for Promissory Note holders
Accounts payable due for accounting fees
Accounts payable due for accounting fees
Bears interest per annum
Bears interest per annum
Accounts Payable Related Parties details
June 30,2016 Net Book Value
Watercrafts
The estimated life of Watercrafts
Asset Retirement Obligations, Policy
Investment, Policy
BASIS OF PREPARATION {1}
BASIS OF PREPARATION
Interest paid
Proceeds from issuance of common stock, net
Accounts payable and accrued liabilities, including related parties
Series A Convertible Preferred Stock, Shares Issued
Series A Convertible Preferred Stock, Shares Issued
Net unamortized debt discount on Notes Payable
Share subscription payable
Capital stock Authorized 9,000,000 shares of Preferred Stock, $0.001 par value per share, nil issued and outstanding
STOCKHOLDERS' EQUITY
Notes payable (net unamortized debt discount of $0 and $54,112, respectively)
TOTAL FIXED ASSETS
Entity Well-known Seasoned Issuer
Company issued subscriptions payable for share common stock in cash {1}
Company issued subscriptions payable for share common stock in cash
Company issued subscriptions payable for share common stock in cash
Company issued subscriptions payable for shares of common stock for services
Company issued subscriptions payable for shares of common stock for services
Company issued shares of common stock {1}
Company issued shares of common stock
Company issued shares of common stock
Capital Stock Transactions
Company issued a convertible promissory note for a total amount
Company issued a convertible promissory note for a total amount
Company issued shares of common stock value
Company issued shares of common stock value
Compensation due is included in accounts payable - related party
Compensation due is included in accounts payable - related party
Depreciation Details
Vehicles Cost
Vehicles Cost
Per Share Data
STOCKHOLDERS' EQUITY (DEFICIT).
NOTES PAYABLE:
NOTES PAYABLE - RELATED PARTY:
Shares issued to settle accounts payable
Shares issued to settle accounts payable
Proceeds from sale of equipment
Common Stock, Shares Authorized
Preferred Stock, Shares Authorized
LIABILITIES AND STOCKHOLDERS' EQUITY
TOTAL OTHER ASSETS
Cash
Subscription agreements for settlement of notes payable
Subscription agreements for settlement of notes payable
Incur costs to neutralize those chemicals
Incur costs to neutralize those chemicals
Share subscriptions payable
Share subscriptions payable
Company issued Promissory Notes for cash
Company issued Promissory Notes for cash
Notes payable due to Taurus Gold Inc. totaled
Notes payable due to Taurus Gold Inc. totaled
EQUIPMENT Details
Accumulated deficit {1}
Accumulated deficit
The cumulative amount of the reporting entity's undistributed earnings or deficit.
Foreign Currency Translation
CASH, BEGINNING OF PERIOD
CASH, BEGINNING OF PERIOD
CASH, CONTINUED OPERATIONS AT THE END OF PERIOD
Payment of convertible promissory notes
Write down of equipment held for sale
Charge to cost of goods sold that represents the reduction of the carrying amount of inventory, generally attributable to obsolescence or market conditions.
Common Stock, Shares Par or Stated Value
Trading Symbol
Company issued subscriptions payable for share common stock in cash
Company issued subscriptions payable for share common stock in cash
Company issued shares of common stock in equipment
Company issued shares of common stock in equipment
Par value per share of Common stock
Par value per share of Common stock
Net note balance as of
Net note balance as of
Outstanding Promissory Notes
Outstanding Promissory Notes
Company received various advances totaling
Company received various advances totaling
Company issued shares of common stock per share value
Company issued shares of common stock per share value
Accounts payable-Compensation Details
Vehicles June 30,2016 Net Book Value
Vehicles June 30,2016 Net Book Value
Accumulated Depreciation
Exploration and Development Costs
STOCKHOLDERS' EQUITY (DEFICIT). {1}
STOCKHOLDERS' EQUITY (DEFICIT).
BASIS OF PREPARATION
ORGANIZATION AND BUSINESS OF COMPANY {1}
ORGANIZATION AND BUSINESS OF COMPANY
Net loss
(Gain) loss on sale of equipment
TOTAL LIABILITIES
Accounts payable and accrued liabilities
Property costs
Entity Public Float
Common stock for settlement of notes payable
Common stock for settlement of notes payable
Par value per share of Series A Convertible Preferred stock
Par value per share of Series A Convertible Preferred stock
The Net note balance as of
The Net note balance as of
Unsecured promissory note
Unsecured promissory note
Amortization Expense Details
Notes were in default
Notes were in default
Compensation due is included in share of common stock subscriptions payable
Compensation due is included in share of common stock subscriptions payable
Vehicles Accumulated Depreciation
Vehicles Accumulated Depreciation
Equipment
Equipment (Policies)
RECENT ACCOUNTING PRONOUNCEMENTS AFFECTING THE COMPANY
Total operating expenses
Series A Convertible Preferred Stock, Shares Par or Stated Value
Series A Convertible Preferred Stock, Shares Par or Stated Value
Issued and outstanding
Carrying amount of convertible preferred stock.
TOTAL CURRENT LIABILITIES
Accounts payable - related party
Equipment held for sale
Document Fiscal Period Focus
Subsequent Events Common Stock Payable
Subscription agreements for settlement of notes payable
Company issued shares of common stock in cash receipts
Company issued shares of common stock in cash receipts
Company issued the Holder shares of common stock with a fair value Per share
Company issued the Holder shares of common stock with a fair value Per share
Per share value of common stock of the Company issued as fee for Promissory Note holders
Per share value of common stock of the Company issued as fee for Promissory Note holders
Payments equal to cash proceeds
Payments equal to cash proceeds
Notes payable due to North Pacific Gold totaled
Notes payable due to North Pacific Gold totaled
Mining tools and equipment June 30,2016 Net Book Value
Mining tools and equipment June 30,2016 Net Book Value
Vehicles
The estimated life of Vehicles
GOING CONCERN
Supplemental disclosure of cash flow information:
Purchase of equipment under construction
Gain on sale of equipment
Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee.
Stock-based expense - consulting services
Preferred Stock, Shares Issued
Unamortized Debt Discount on Promissory Note
Parentheticals
Entity Voluntary Filers
Company issued subscriptions payable for shares of common stock per share {1}
Company issued subscriptions payable for shares of common stock per share
Company issued subscriptions payable for shares of common stock per share
Common stock for purchase of equipment valued
Common stock for purchase of equipment valued
Common Stock Payable Transactions
Par value per share of Preferred stock
Par value per share of Preferred stock
Received various advances from one investor
Received various advances from one investor
Advances were settled on issuance of the convertible promissory note
Advances were settled on issuance of the convertible promissory note
Company issued common stock to settle in advances
Company issued common stock to settle in advances
Mining tools and equipment Accumulated Depreciation
Mining tools and equipment Accumulated Depreciation
Equipment under Construction
SIGNIFICANT ACCOUNTING PRINCIPLES (POLICIES):
NOTES PAYABLE - RELATED PARTY
NOTES PAYABLE - RELATED PARTY text block
GOING CONCERN {1}
GOING CONCERN
Sale of equipment for note receivable
Sale of equipment for note receivable
INCREASE IN CASH
NET LOSS
General and administrative
REVENUES
TOTAL STOCKHOLDERS' EQUITY
Common Stock Transactions Details
Authorized shares of Series A Convertible Preferred stock
Authorized shares of Series A Convertible Preferred stock
Company issued the Holder shares of common stock
Company issued the Holder shares of common stock
Notes bear interest per annum
Notes bear interest per annum
North Pacific Gold advanced the company in cash
North Pacific Gold advanced the company in cash
Vehicles March 31, 2016 Net Book Value
Vehicles March 31, 2016 Net Book Value
Total Equipment Cost
Total Equipment Cost
Equipment useful lives as follows
NET CASH PROVIDED BY FINANCING ACTIVITIES
Proceeds from issuance of notes payable
CASH FLOWS FROM FINANCING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES
NET CASH USED IN OPERATING ACTIVITIES
NET CASH USED IN OPERATING ACTIVITIES
Stock-based compensation - services
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC AND DILUTED
Gain on change in fair value of derivative liabilities
Gain on change in fair value of derivative liabilities
OTHER INCOME (EXPENSE)
Preferred Stock, Shares Par or Stated Value
Additional paid-in capital
Company issued subscriptions payable for shares of common stock per share
Company issued subscriptions payable for shares of common stock per share
Company issued subscriptions payable for shares of common stock
Company issued subscriptions payable for shares of common stock
Authorized shares of Common stock
Authorized shares of Common stock
Default rate on the notes
Default rate on the notes
Conversion price Minimum
Conversion price Minimum
Received various advances from nineteen investors
Received various advances from nineteen investors
Paul D. Thompson, director and officer of the Company compensated per month
Paul D. Thompson, director and officer of the Company compensated per month
March 31, 2016 Net Book Value
Total Equipment June 30,2016 Net Book Value
Total Equipment June 30,2016 Net Book Value
Stock-based Compensation
Accounting for Derivative Instruments
Long-Lived Assets {1}
Long-Lived Assets
Cash and Cash Equivalents, Policy
SUBSEQUENT EVENTS {1}
SUBSEQUENT EVENTS
EQUIPMENT
Write down of equipment held for sale {1}
Write down of equipment held for sale
Amount of expense (income) related to adjustment to fair value of warrant liability.
Depreciation and amortization
Total Other Income (Expense)
Note payable - related party
Entity Registrant Name
Subsequent Events Common Stock
Common stock for settlement of notes payable
Various notes payable
Various notes payable
Note is recorded net of discount
Note is recorded net of discount
Amortization of debt discount
Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense.
Company issued a promissory note with a principal of amount
Company issued a promissory note with a principal of amount
Notes Due To Related Parties Consists The Following
Mining tools and equipment March 31, 2016 Net Book Value
Mining tools and equipment March 31, 2016 Net Book Value
EQUIPMENT (TABLES):
EQUIPMENT {1}
EQUIPMENT
Purchase of equipment
Purchase of equipment
Adjustments to reconcile net loss to net cash used in operating activities:
CASH FLOWS FROM OPERATING ACTIVITIES
1,000,000 shares of Series A Convertible Preferred Stock (1,000,000 - March 31, 2016)
Series A Convertible Preferred Stock 1
TOTAL ASSETS
TOTAL ASSETS
TOTAL CURRENT ASSETS
Note receivable
Current Fiscal Year End Date