Condensed Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended		61 Months Ended
Condensed Statements of Cash Flows (Unaudited) (USD $)	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$ (812,222)	$ (409,603)	$ (14,203,494)
Adjustments to reconcile net loss to cash from operating activities:
Common stock and warrants issued in exchange for services	79,743	0	799,954
Common stock and warrants issued in payment of interest	10,000	0	152,327
Amortization of discount	125,917	0	416,903
Depreciation and amortization expense	91,876	9,227	386,006
(Increase) / decrease in accounts receivable	253,646	0	0
(Increase)/decrease in prepaid option payment	0	39,700	0
(Increase)/decrease in prepaid expenses and deposits	(68,643)	14,476	(146,215)
Increase/(decrease) in accounts payable and accrued expenses	134,705	175,071	3,757,893
Increase/(decrease) in due to related parties	128,959	20,969	1,080,284
Increase / (decrease) in option payment: mineral rights	38,400	0	44,254
Net cash flows from operating activities	(17,619)	(150,160)	(7,712,088)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of buildings and equipment	(67,323)	0	(795,692)
Investment in mineral rights	(47,500)	(47,500)	(910,417)
Net cash flows from investing activities	(114,823)	(47,500)	(1,706,109)
CASH FLOWS FROM FINANCING ACTIVITIES
Payments on short-term notes	0	0	(139,079)
Proceeds from short-term notes	32,000	24,000	6,421,101
Common stock issued, net of issuance costs	99,000	183,750	2,925,677
Convertible notes payable	0	0	271,500
Payments on capital lease	0	(7,907)	(60,550)
Net cash flows from financing activities	131,000	199,843	9,418,649
Change in cash during the period	(1,442)	2,183	452
Cash, beginning of period	1,894	1,294
Cash, end of period	452	3,477	452
SUPPLEMENTAL DISCLOSURES
Interest paid	0	77	16,904
Income taxes paid	0	0	200
NON-CASH INVESTING AND FINANCING
Liabilities assumed from related party	0	0	211,580
Common stock issued for mineral rights	0	0	7,375,000
Common stock issued for equipment	0	0	434,050
Common stock and warrants issued for debt and services	0	0	5,207,974
Common stock and warrants issued for interest	0	0	310,115
Debt and liabilities in exchange for equipment	0	0	507,225
Capital leases	$ 0	$ 0	$ 121,516

GRANT HARTFORD CORP 10-Q