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EXCEL - IDEA: XBRL DOCUMENT - Queensridge Mining Resources, Inc.Financial_Report.xls
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NOTES PAYABLE - RELATED PARTY
12 Months Ended
Jun. 30, 2012
Related Party Transactions [Abstract]  
NOTES PAYABLE - RELATED PARTY

 

The Company received two $10,000 loans from a related party during the years ended June 30, 2012 and 2011. The notes bear interest at 5% per annum and are due on April 24, 2013 and October 4, 2013. Interest expense of $875 and $125 was recorded for the years ended June 30, 2012 and 2011, respectively.