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EXCEL - IDEA: XBRL DOCUMENT - Source Gold Corp.Financial_Report.xls
10-K - ANNUAL REPORT - Source Gold Corp.srgl_10k.htm
XML - IDEA: XBRL DOCUMENT - Source Gold Corp.R10.htm
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EX-32.1 - CERTIFICATION - Source Gold Corp.srgl_ex321.htm
EX-10.5 - PROMISSORY NOTE - Source Gold Corp.srgl_ex105.htm
EX-10.6 - STOCK PURCHASE AGREEMENT - Source Gold Corp.srgl_ex106.htm
EX-31.1 - CERTIFICATION - Source Gold Corp.srgl_ex311.htm
EX-31.2 - CERTIFICATION - Source Gold Corp.srgl_ex312.htm
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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended 50 Months Ended
Jul. 31, 2012
Jul. 31, 2011
Jul. 31, 2012
Cash Flows used in Operating Activities      
Net Loss $ (298,289) $ (6,304,842) $ (14,210,371)
Adjustments to reconcile net loss to net cash used by operating activities      
Accretion of discount on convertible notes and interest 38,425   38,425
Interest expense - beneficial interest conversion feature of convertible notes 30,000   30,000
Depreciation 124   124
Mineral property option costs     1,842
Impairment loss on mineral property option   2,000,000 2,199,894
Management fees from stock options   3,992,571 10,960,000
Changes in operating assets and liabilities      
Accrued interest 2,165   2,165
Prepaid expenses 340 26,488 (140)
Accounts payable and accrued liabilities 2,366 35,395 132,114
Net cash used in operating activities (224,869) (250,388) (845,947)
Cash flows from investing activities      
Acquisition of computer equipment (1,973)   (1,973)
Mineral property option acquisition (5,000)   (204,894)
Net cash used in investing activities (6,973)   (206,867)
Cash Flows from Financing Activities      
Proceeds from sale of common stock, net cash commission 75,000 270,000 952,375
Proceeds from prommissory notes 115,000   113,158
Due to related party 3,429 (20,000) 3,429
Net cash provided by financing activities 193,429 250,000 1,068,962
Effect of foreign exchange on cash 6,927 (4,653) (528)
Increase (decrease) in cash during the year (31,486) (5,041) 15,620
Cash, beginning of the period 47,106 52,147  
Cash, end of the period 15,620 47,106 15,620
Supplementary disclosure for non-cash investing and financing activities      
Shares issued for mineral property $ 80,000 $ 2,000,000 $ 2,080,000