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EXCEL - IDEA: XBRL DOCUMENT - Gunpowder Gold CorpFinancial_Report.xls
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v2.4.0.6
Balance Sheets (USD $)
Aug. 31, 2012
Aug. 31, 2011
Current assets:    
Cash and cash equivalents $ 34,509 $ 57,396
Prepaid expense 14,000 5,436
Deposit    542
Total current assets 48,509 63,374
Current liabilities:    
Accounts payable and accrued liabilities 284 18,416
Accounts payable to related-party 7,500 3,000
Note payable to related-party    76,860
Note payable 50,000   
Total current liabilities 57,784 98,276
Stockholders' equity    
Preferred stock; $.001 par value, 5,000,000 shares authorized, zero shares issued and outstanding      
Common stock; $.001 par value, 300,000,000 shares authorized; 92,641,961 and 90,000,000 shares issued and outstanding at August 31, 2012 and August 31, 2011, respectively 92,642 90,502
Additional paid-in-capital 609,789 363,971
Deficit accumulated during exploration stage (711,706) (489,375)
Total stockholders' equity (9,275) (34,902)
Total liabilities and stockholders' equity $ 48,509 $ 63,374