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XML - IDEA: XBRL DOCUMENT - NORTHERN MINERALS & EXPLORATION LTD.R9.htm
10-Q - PUNCHLINE RESOURCES 10Q QUARTERLY REPORT FOR THREE MONTHS ENDED OCTOBER 31, 2012 - NORTHERN MINERALS & EXPLORATION LTD.punchline10q12013.htm
EX-32.1 - SECTION 906 CERTIFICATION - NORTHERN MINERALS & EXPLORATION LTD.punchq12013ex_321.htm
EX-31.1 - SECTION 302 CERTIFICATION - NORTHERN MINERALS & EXPLORATION LTD.punchq12013ex_311.htm
EXCEL - IDEA: XBRL DOCUMENT - NORTHERN MINERALS & EXPLORATION LTD.Financial_Report.xls
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v2.4.0.6
Unaudited Interim Consolidated Balance Sheets (USD $)
Oct. 31, 2012
Jul. 31, 2012
Current Assets    
Cash $ 34,937  
Funds Held in Trust 60,691  
Total Current Assets 95,628  
Other Assets    
Mineral Rights and Properties 1,700,010  
Total Other Assets 1,700,010  
TOTAL ASSETS 1,795,638  
Current Liabilities    
Accounts payable and accrued liabilities 15,494 18,994
Current portion of property option payable 250,000  
Temporary loan 6,520 6,520
Advances from Officers 54,009 53,809
Advance - Coach Capital, LLC 30,000  
Total Current Liabilities 356,023 79,323
Other Liabilities    
Property Option Payable 1,400,000  
Total Other Liabilities 1,400,000  
Stockholders' Equity    
Common stock 5,037 [1] 5,000 [1]
Additional paid-in-capital 372,973 23,000
Deficit accumulated during the development stage (338,395) (107,323)
Total Stockholders' Deficiency 39,615 (79,323)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,795,638  
[1] Common stock, $0.0001 par value, 75,000,000 shares authorized;