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EXCEL - IDEA: XBRL DOCUMENT - AMERICAN PARAMOUNT GOLD CORP.Financial_Report.xls
10-K - ANNUAL REPORT - AMERICAN PARAMOUNT GOLD CORP.form10k.htm
XML - IDEA: XBRL DOCUMENT - AMERICAN PARAMOUNT GOLD CORP.R7.htm
XML - IDEA: XBRL DOCUMENT - AMERICAN PARAMOUNT GOLD CORP.R6.htm
XML - IDEA: XBRL DOCUMENT - AMERICAN PARAMOUNT GOLD CORP.R8.htm
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XML - IDEA: XBRL DOCUMENT - AMERICAN PARAMOUNT GOLD CORP.R2.htm
XML - IDEA: XBRL DOCUMENT - AMERICAN PARAMOUNT GOLD CORP.R5.htm
XML - IDEA: XBRL DOCUMENT - AMERICAN PARAMOUNT GOLD CORP.R9.htm
XML - IDEA: XBRL DOCUMENT - AMERICAN PARAMOUNT GOLD CORP.R1.htm
XML - IDEA: XBRL DOCUMENT - AMERICAN PARAMOUNT GOLD CORP.R10.htm
XML - IDEA: XBRL DOCUMENT - AMERICAN PARAMOUNT GOLD CORP.R12.htm
XML - IDEA: XBRL DOCUMENT - AMERICAN PARAMOUNT GOLD CORP.R15.htm
XML - IDEA: XBRL DOCUMENT - AMERICAN PARAMOUNT GOLD CORP.R18.htm
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EX-4.1 - CODE OF ETHICS - AMERICAN PARAMOUNT GOLD CORP.exhibit4-1.htm
EX-32.1 - SECTION 906 CERTIFICATION - AMERICAN PARAMOUNT GOLD CORP.exhibit32-1.htm
EX-31.2 - SECTION 302 CERTIFICATION - AMERICAN PARAMOUNT GOLD CORP.exhibit31-2.htm
EX-31.1 - SECTION 302 CERTIFICATION - AMERICAN PARAMOUNT GOLD CORP.exhibit31-1.htm
EX-32.2 - SECTION 906 CERTIFICATION - AMERICAN PARAMOUNT GOLD CORP.exhibit32-2.htm
EX-10.4 - CONVERTIBLE LOAN AGREEMENT - AMERICAN PARAMOUNT GOLD CORP.exhibit10-4.htm
XML - IDEA: XBRL DOCUMENT - AMERICAN PARAMOUNT GOLD CORP.R14.htm
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INCOME TAXES
12 Months Ended
Aug. 31, 2011
INCOME TAXES [Text Block]

10. INCOME TAXES

The Company accounts for income taxes using the liability method, under which deferred tax liabilities and assets are determined based on the difference between the financial statement carrying amounts and the tax basis of assets and liabilities using enacted tax rates in effect in the years in which the differences are expected to reverse.

As of August 31, 2011, the Company had net operating loss carry-forwards of approximately $1,152,973 which expire in varying amounts between 2026 and 2030. Realization of this potential future tax benefit is dependent on generating sufficient taxable income prior to expiration of the loss carry-forward. The deferred tax asset related to this potential future tax benefit has been offset by a valuation allowance in the same amount. The amount of the deferred tax asset ultimately realizable could be increased in the near term if estimates of future taxable income during the carry-forward period are revised.

    August 31     August 31  
    2011     2010  
             
Federal net operating loss carryforward $ 4,261,623   $ 760,846  
Less share based compensation   (3,108,650 )   (505,200 )
Net operating loss carryforward   1,152,973     255,646  
             
Deferred Tax Assets   -     -  
Net operating loss carryforward - 35%   403,541     89,476  
Less: Valuation allowance   (403,541 )   (89,476 )
Net Deferred Tax Assets: $ -   $ -  
             
Effective Tax Rate Reconcilliation:            
Federal statutory tax rate   -35.0%     -35.0%  
Change in valuation allowance   35.0%     35.0%  
Effective tax rate:   0.0%     0.0%