9. Stockholders Deficit	12 Months Ended
Aug. 31, 2013
Equity [Abstract]
Stockholders Deficit	Class A Common Stock As a result of the rounding provision of the reverse stock splits, which stated that fractional shares always be rounded up to the nearest whole share, 361 new Class A common shares were issued during the year ended August 31, 2013. During the year ended August 31, 2012, the Company converted debt and derecognized derivative liabilities totaling $1,892,844 into 1,829,997 pre-split (3,660 post-split), shares of restricted Class A Common Stock. During the year ended August 31, 2012, the Company issued 9,131 pre-split (18 post-split), shares of restricted Class A Common Stock in partial satisfaction of costs associated with the King Solomon mining lease. As of August 31, 2012, the Company was authorized to grant up to 3,322,160 pre-split (6,645 post-split), shares under the 2008 Stock Compensation Plan (formerly the 2008 Employee Stock Compensation Plan), of which 2,430,820 pre-split (4,862 post-split) had been issued as of August 31, 2012. During the year ended August 31, 2012, 2,254,706 pre-split (4,509 post-split), shares of Class A Common Stock valued at $0.0001 to $0.0005 per share (the quoted market prices at the dates of the respective stock grants), were issued to employees and consultants for services rendered, which resulted in $978,217 being recorded as expense, $21,580 as prepaid expense, $450,207 as a reduction in accounts payable and $682,560 as a reduction in accrued liabilities. On October 22, 2012, the Company amended its Articles of Incorporation in part to establish and fix the total number of post-split authorized shares of Class A Common Stock, par value $0.001 per share, that the Company is authorized to issue, at one billion (1,000,000,000). On June 19, 2013, the Company filed a revised DEF 14C with the SEC amending its Articles of Incorporation in part to establish and fix the total number of post-split authorized shares of Class A Common Stock, par value $0.001 per share, that the Company is authorized to issue, at one billion (1,000,000,000). The Amendment became effective on July 9, 2013. During the year ended August 31, 2013, the Company converted debt and derecognized derivative liabilities totaling $1,870,545 into 12,136,178 post-split shares of restricted Class A Common Stock. During the year ended August 31, 2013, the Company issued 86,250,000 pre-split (172,500 post-split) non-refundable shares of restricted Class A Common Stock in partial satisfaction of costs associated with the King Solomon mining lease renewal and in partial satisfaction of the acquisition of the Silver Wing and Champion properties. The Company also issued 6,397,300 pre-split (12,795 post-split) shares of restricted Class A Common Stock in satisfaction of costs associated with the Brooklyn work commitment. During the year ended August 31, 2013, 35,033,527 post-split shares of Class A Common Stock valued at $0.0005 to $230 per share (the quoted market prices at the dates of the respective stock grants), were issued to employees and consultants for services rendered, which resulted in $935,266 being recorded as expense, $38,740 as prepaid expenses, $557,194 as a reduction in accounts payable, and $1,420,122 as a reduction in accrued liabilities. On April 18, 2013 the Company filed amendments to its two stock compensation plans. The amendments provided for an additional 50,000,000 pre-split (100,000 post-split), Class A common stock shares to be available for issuance under each of the 2008 Non-qualified Consultants and Advisors Stock Compensation Plan and the 2008 Stock Compensation Plan. On August 5, 2013, the Company filed additional amendments which provided for an additional 20,000,000 post-split shares to be issued under each plan. As of August 31, 2013, the Company is authorized to grant up to 20,146,644 shares under the 2008 Stock Compensation Plan (formerly the 2008 Employee Stock Compensation Plan), and 20,140,746 shares under the 2008 Non-qualified Consultants and Advisors Stock Compensation Plan of which 7,038,378 have been issued as of August 31, 2013. Common Stock Transactions Subsequent to August 31, 2013 Subsequent to August 31, 2013, the Company issued 309,295,910 shares of Class A Common Stock pursuant to the conversion of debt totaling $252,293.

9. Stockholders Deficit

12 Months Ended

Aug. 31, 2013

Class A Common Stock

As a result of the rounding provision of the reverse stock splits, which stated that fractional shares always be rounded up to the nearest whole share, 361 new Class A common shares were issued during the year ended August 31, 2013.

During the year ended August 31, 2012, the Company converted debt and derecognized derivative liabilities totaling $1,892,844 into 1,829,997 pre-split (3,660 post-split), shares of restricted Class A Common Stock.

During the year ended August 31, 2012, the Company issued 9,131 pre-split (18 post-split), shares of restricted Class A Common Stock in partial satisfaction of costs associated with the King Solomon mining lease.

As of August 31, 2012, the Company was authorized to grant up to 3,322,160 pre-split (6,645 post-split), shares under the 2008 Stock Compensation Plan (formerly the 2008 Employee Stock Compensation Plan), of which 2,430,820 pre-split (4,862 post-split) had been issued as of August 31, 2012. During the year ended August 31, 2012, 2,254,706 pre-split (4,509 post-split), shares of Class A Common Stock valued at $0.0001 to $0.0005 per share (the quoted market prices at the dates of the respective stock grants), were issued to employees and consultants for services rendered, which resulted in $978,217 being recorded as expense, $21,580 as prepaid expense, $450,207 as a reduction in accounts payable and $682,560 as a reduction in accrued liabilities.

On October 22, 2012, the Company amended its Articles of Incorporation in part to establish and fix the total number of post-split authorized shares of Class A Common Stock, par value $0.001 per share, that the Company is authorized to issue, at one billion (1,000,000,000).

On June 19, 2013, the Company filed a revised DEF 14C with the SEC amending its Articles of Incorporation in part to establish and fix the total number of post-split authorized shares of Class A Common Stock, par value $0.001 per share, that the Company is authorized to issue, at one billion (1,000,000,000). The Amendment became effective on July 9, 2013.

During the year ended August 31, 2013, the Company converted debt and derecognized derivative liabilities totaling $1,870,545 into 12,136,178 post-split shares of restricted Class A Common Stock.

During the year ended August 31, 2013, the Company issued 86,250,000 pre-split (172,500 post-split) non-refundable shares of restricted Class A Common Stock in partial satisfaction of costs associated with the King Solomon mining lease renewal and in partial satisfaction of the acquisition of the Silver Wing and Champion properties. The Company also issued 6,397,300 pre-split (12,795 post-split) shares of restricted Class A Common Stock in satisfaction of costs associated with the Brooklyn work commitment.

During the year ended August 31, 2013, 35,033,527 post-split shares of Class A Common Stock valued at $0.0005 to $230 per share (the quoted market prices at the dates of the respective stock grants), were issued to employees and consultants for services rendered, which resulted in $935,266 being recorded as expense, $38,740 as prepaid expenses, $557,194 as a reduction in accounts payable, and $1,420,122 as a reduction in accrued liabilities.

On April 18, 2013 the Company filed amendments to its two stock compensation plans. The amendments provided for an additional 50,000,000 pre-split (100,000 post-split), Class A common stock shares to be available for issuance under each of the 2008 Non-qualified Consultants and Advisors Stock Compensation Plan and the 2008 Stock Compensation Plan. On August 5, 2013, the Company filed additional amendments which provided for an additional 20,000,000 post-split shares to be issued under each plan. As of August 31, 2013, the Company is authorized to grant up to 20,146,644 shares under the 2008 Stock Compensation Plan (formerly the 2008 Employee Stock Compensation Plan), and 20,140,746 shares under the 2008 Non-qualified Consultants and Advisors Stock Compensation Plan of which 7,038,378 have been issued as of August 31, 2013.

Common Stock Transactions Subsequent to August 31, 2013

Subsequent to August 31, 2013, the Company issued 309,295,910 shares of Class A Common Stock pursuant to the conversion of debt totaling $252,293.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

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+ Details

COLORADO GOLDFIELDS INC. 10-K