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EXCEL - IDEA: XBRL DOCUMENT - SILVERSTAR MINING CORP.Financial_Report.xls
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EX-32.1 - CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 - SILVERSTAR MINING CORP.ex32-1.htm
EX-32.2 - SILVERSTAR MINING CORP.ex32-2.htm
EX-31.1 - OFFICER S CERTIFICATION PURSUANT TO SECTION 302 OF SARBANES OXLEY ACT - SILVERSTAR MINING CORP.ex31-1.htm
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10-K - SILVERSTAR MINING CORP.form10k.htm
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EX-31.2 - OFFICER S CERTIFICATION PURSUANT TO SECTION 302 OF SARBANES OXLEY ACT - SILVERSTAR MINING CORP.ex31-2.htm
v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
12 Months Ended 106 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Cash flows from operating activities      
Net loss for the period $ (90,703) $ (72,935) $ (1,628,428)
Adjustments to reconcile loss to net cash used by operating activities      
Accrued interest - convertible debentures (Note 7) 1,506 1,500 20,124
Accrued interest - shareholder demand loan (Note 8) 7,406 6,593 24,183
Accrued interest - demand loan (Note 8) 468    468
Contributions to capital by related parties (Notes 10, 11 and 13) 24,000 24,000 197,500
Write-down of mineral property acquisition costs (Note 5)       811,696
Write-down of website development costs (Note 4)       6,600
Changes in operating assets and liabilities      
Prepaids and Mining property (10,249)    (10,249)
Increase (decrease) in accounts payable and accrued liabilities 7,988 (8,574) 19,788
Increase in due to related parties (2,500) (20,000)   
Net Cash Used for Operating Activities (62,084) (69,416) (558,318)
Cash flows from investing activities      
Acquisition of Silverdale, net of cash received (Note 3)       (140,221)
Mineral property acquisition costs (Note 5) (4,360) (10,000) (35,735)
Website development costs (Note 4)       (6,600)
Net Cash Used for Investing Activities (4,360) (10,000) (182,556)
Cash flows from financing activities      
Convertible debenture       15,000
Shareholder Demand Loan    79,183 111,683
Demand Loans 15,000    15,000
Share issue costs       (1,255)
Common shares issued for cash (Note 11) 50,328    601,004
Net Cash Provided by Financing Activities 65,328 79,183 741,432
Increase (decrease) in cash and cash equivalents (1,116) (233) 558
Cash and cash equivalents, beginning of period 1,674 1,907   
Cash and cash equivalents, end of period $ 558 $ 1,674 $ 558