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MINERAL PROPERTIES IN THE UNITED STATES
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12 Months Ended |
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Dec. 31, 2011
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| MINERAL PROPERTIES IN THE UNITED STATES [Abstract] | |
| MINERAL PROPERTIES IN THE UNITED STATES |
NOTE 9 - MINERAL PROPERTIES IN THE UNITED STATES
The principal assets of PEVM are an undivided interest in 48 patented and 5 unpatented mining claims totaling approximately 1,500 acres, and a 300 ton-per-day mill located on the aforementioned properties in the PEVM Mining District in southeast Nevada. In August 2001, 75 unpatented claims were abandoned since they were deemed to have no future value to PEVM. Due to the lack of capital, the properties held by PEVM have not been commercially operated for approximately 35 years.
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