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Quarterly

v2.3.0.11
Document and Entity Information
 6 Months Ended
Jun. 30, 2011
Aug. 12, 2011
Document And Entity Information [Abstract]    
Document Type 10-Q  
Amendment Flag false  
Document Period End Date Jun. 30, 2011
Entity Registrant Name CAN CAL RESOURCES LTD  
Entity Central Index Key 0001083848  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2011  
Document Fiscal Period Focus Q2  
Entity Filer Category Smaller Reporting Company  
Entity Common Stock, Shares Outstanding   37,632,453
v2.3.0.11
CONDENSED BALANCE SHEETS (USD $)
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash $ 144,149 $ 17,202
Other current assets 13,112 18,427
Total current assets 157,261 35,629
Property and equipment (net of accumulated depreciation of $31,839 and $27,454, respectively) 34,101 38,486
Total assets 191,362 74,115
Current liabilities:    
Accounts payable and accrued expenses 42,667 98,795
Accounts payable, related parties 90,632 60,000
Accrued interest 496,274 469,852
Accrued interest, related parties 1,712 680
Accrued salaries 462,004 403,328
Notes payable 360,550 360,550
Notes payable, related parties 53,191 57,191
Unearned rental revenues 22,917 9,167
Total current liabilities 1,529,947 1,459,563
Total liabilities 1,529,947 1,459,563
Commitments and contingencies    
Stockholders' (deficit):    
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding    
Common stock, $0.001 par value, 100,000,000 shares authorized, 37,548,453 and 30,711,203 shares issued and outstanding as of June 30, 2011 and December 31, 2010, respectively 37,548 30,711
Subscriptions payable, 157,893 and 2,193,166 shares at June 30, 2011 and December 31, 2010, respectively 9,474 131,590
Additional paid-in capital 9,168,858 8,707,834
(Deficit) accumulated during exploration stage (10,554,465) (10,255,583)
Total stockholders' (deficit) (1,338,585) (1,385,448)
Total liabilities and stockholders' (deficit) $ 191,362 $ 74,115
v2.3.0.11
CONDENSED BALANCE SHEETS (Parenthetical) (USD $)
Jun. 30, 2011
Dec. 31, 2010
CONDENSED BALANCE SHEETS [Abstract]    
Property and equipment, accumulated depreciation $ 31,839 $ 27,454
Preferred stock, par value per share $ 0.001 $ 0.001
Preferred stock, shares authorized 10,000,000 10,000,000
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Common stock, par value per share $ 0.001 $ 0.001
Common stock, shares authorized 100,000,000 100,000,000
Common stock, shares issued 37,548,453 30,711,203
Common stock, shares outstanding 37,548,453 30,711,203
Common stock, shares payable 157,893 2,193,166
v2.3.0.11
CONDENSED STATEMENTS OF OPERATIONS (USD $)
 3 Months Ended 6 Months Ended 198 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
CONDENSED STATEMENTS OF OPERATIONS [Abstract]          
Material sales         $ 245,500
Cost of sales         263,400
Gross loss         (17,900)
Operating expenses:          
General and administrative 85,603 68,343 147,906 158,531 6,846,634
Exploration costs 12,158 393 20,006 8,390 569,356
Depreciation 2,192 2,442 4,385 4,937 254,939
Officer salary 30,000 30,000 60,000 60,000 1,021,176
Impairment of operating assets         443,772
Total operating expenses 129,953 101,178 232,297 231,858 9,135,877
Loss from operations (129,953) (101,178) (232,297) (231,858) (9,153,777)
Other income (expense):          
Other income 3,000   6,000   56,798
Interest income   8   23 52,945
Rental revenue 7,375 9,166 24,250 16,041 380,158
Gain on sale of fixed assets         26,801
Interest expense (76,671) (19,041) (96,835) (34,278) (1,443,790)
Total other income (expense) (66,296) (9,867) (66,585) (18,214) (927,088)
Loss before provision for income taxes (196,249) (111,045) (298,882) (250,072) (10,080,865)
Provision for income taxes          
Net loss from continuing operations (196,249) (111,045) (298,882) (250,072) (10,080,865)
Income from discontinued operations          
Income from discontinued operations         116,400
Loss on disposal of operations (net of taxes)         (590,000)
Net (loss) $ (196,249) $ (111,045) $ (298,882) $ (250,072) $ (10,554,465)
Weighted average number of common shares outstanding - basic and fully diluted 35,260,847 30,738,196 34,470,674 30,733,555  
Net (loss) per share - basic and fully diluted $ (0.01)   $ (0.01) $ (0.01)  
v2.3.0.11
STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) (USD $)
Total
Common Stock [Member]
Subscription Receivable [Member]
Subscription Payable [Member]
Rescission Liability Receivable [Member]
Unamortized Equity Grants [Member]
Foreign Currency Translation Adjustment [Member]
Additional Paid-in Capital [Member]
(Deficit) Accumulated During Development Stage [Member]
Balance at Mar. 21, 1995                  
Balance, shares at Mar. 21, 1995                  
Common shares issued for services                  
Common shares issued for services, shares                  
Net loss (1,000)               (1,000)
Balance at Dec. 31, 1995 (1,000)               (1,000)
Balance, shares at Dec. 31, 1995                  
Common shares issued for services 628,400 3,400           625,000  
Common shares issued for services, shares   3,441,217              
Prior Period Adjustment 497,900               497,900
Net loss (497,000)               (497,000)
Balance at Dec. 31, 1996 628,300 3,400           625,000 (100)
Balance, shares at Dec. 31, 1996   3,441,217              
Common shares issued for services 1,054,400 3,000           1,051,400  
Common shares issued for services, shares   3,006,435              
Net loss (1,044,700)               (1,044,700)
Balance at Dec. 31, 1997 638,000 6,400           1,676,400 (1,044,800)
Balance, shares at Dec. 31, 1997   6,447,652              
Common shares issued for cash 211,800 600           211,200  
Common shares issued for cash, shares   557,509              
Foreign currency translation adjustment 8,500           8,500    
Net loss (353,000)               (353,000)
Balance at Dec. 31, 1998 505,300 7,000         8,500 1,887,600 (1,397,800)
Balance, shares at Dec. 31, 1998   7,005,161              
Common shares issued for cash 573,800 1,200           572,600  
Common shares issued for cash, shares   1,248,621              
Foreign currency translation adjustment (11,800)           (11,800)    
Realized foreign currency translation loss 3,300           3,300    
Prior Period Adjustment 15,000               15,000
Elimination of subsidiary upon disposal 116,400               116,400
Net loss (1,038,500)               (1,038,500)
Balance at Dec. 31, 1999 163,500 8,200           2,460,200 (2,304,900)
Balance, shares at Dec. 31, 1999   8,253,782              
Common shares issued for cash 949,600 1,200           948,400  
Common shares issued for cash, shares   1,119,009              
Net loss (962,500)               (962,500)
Balance at Dec. 31, 2000 150,600 9,400           3,408,600 (3,267,400)
Balance, shares at Dec. 31, 2000   9,372,791              
Common shares issued for cash 82,300 800           81,500  
Common shares issued for cash, shares   785,947              
Net loss (704,500)               (704,500)
Balance at Dec. 31, 2001 (471,600) 10,200           3,490,100 (3,971,900)
Balance, shares at Dec. 31, 2001   10,158,738              
Common shares issued for cash 271,000 1,100           269,900  
Common shares issued for cash, shares   1,093,280              
Common shares issued for services 23,900 100           23,800  
Common shares issued for services, shares   92,292              
Options granted for services 7,100             7,100  
Common shares issued for repayment of note payable, related party 119,800 300           119,500  
Common shares issued for repayment of note payable, related party, shares   309,677              
Warrants granted for loan fees on convertible notes payable, related party (33,400)   (16,700)   (16,700) (16,700)   16,700  
Common shares issued for loan fees on convertible notes payable, related party (27,000)   (13,500)   (13,500) (13,500)   13,500  
Common shares issued for loan fees on convertible notes payable, related party, shares   30,000              
Deemed interest on beneficial conversion feature of notes payable, related party 20,500             20,500  
Amortization of loan fees 24,600   8,200   8,200 8,200      
Net loss (709,300)               (709,300)
Balance at Dec. 31, 2002 (774,400) 11,700 (22,000)   (22,000) (22,000)   3,961,100 (4,681,200)
Balance, shares at Dec. 31, 2002   11,683,987              
Common shares issued for cash 164,700 800           163,900  
Common shares issued for cash, shares   823,410              
Common shares issued for services 64,200 400           63,800  
Common shares issued for services, shares   381,260              
Options granted for services 61,300             61,300  
Common shares issued for repayment of note payable, related party 78,300 400           77,900  
Common shares issued for repayment of note payable, related party, shares   364,305              
Deemed interest on beneficial conversion feature of notes payable, related party 38,300             38,300  
Amortization of loan fees 45,000   15,000   15,000 15,000      
Net loss (711,100)               (711,100)
Balance at Dec. 31, 2003 (1,033,700) 13,300 (7,000)   (7,000) (7,000)   4,366,300 (5,392,300)
Balance, shares at Dec. 31, 2003   13,252,962              
Common shares issued for cash 308,000 1,600           306,400  
Common shares issued for cash, shares   1,564,311              
Common shares issued for exercise of warrants 125,600 700           124,900  
Common shares issued for exercise of warrants, shares   701,275              
Common shares issued for services 74,200 400           73,800  
Common shares issued for services, shares   390,224              
Warrants granted for services 12,200             12,200  
Interest expense for warrants granted 280,200                
Common shares issued in satisfaction of accounts payable and accrued liabilities 229,400 900           228,500  
Common shares issued in satisfaction of accounts payable and accrued liabilities, shares   917,747              
Common shares issued for repayment of note payable 99,700 700           99,000  
Common shares issued for repayment of note payable, shares   702,760              
Common shares issued for repayment of note payable, related party 82,700 300           82,400  
Common shares issued for repayment of note payable, related party, shares   330,747              
Deemed interest on beneficial conversion feature of notes payable, related party 17,600             17,600  
Amortization of loan fees 21,000   7,000   7,000 7,000      
Net loss (1,030,500)               (1,030,500)
Balance at Dec. 31, 2004 (813,600) 17,900           5,591,300 (6,422,800)
Balance, shares at Dec. 31, 2004   17,860,026              
Common shares issued for cash 153,500 800           152,700  
Common shares issued for cash, shares   762,500              
Common shares issued for exercise of warrants 69,800 300           69,500  
Common shares issued for exercise of warrants, shares   349,545              
Common shares issued for services 300                
Common shares issued for services, shares 349,545                
Net loss (421,800)               (421,800)
Balance at Dec. 31, 2005 (1,012,100) 19,000           5,813,500 (6,844,600)
Balance, shares at Dec. 31, 2005   18,972,071              
Common shares issued for cash 644,500 2,400           642,100  
Common shares issued for cash, shares   2,448,213              
Common shares issued for exercise of warrants 43,500 200           43,300  
Common shares issued for exercise of warrants, shares   174,000              
Common shares issued for services 5,000             5,000  
Common shares issued for services, shares   19,500              
Options granted for services 123,500             123,500  
Warrants granted for services 2,200             2,200  
Common shares issued in satisfaction of accounts payable and accrued liabilities 81,000 400           80,600  
Common shares issued in satisfaction of accounts payable and accrued liabilities, shares   385,714              
Common shares issued for repayment of note payable, related party 11,900 100           11,800  
Common shares issued for repayment of note payable, related party, shares   56,821              
Common shares issued for debt conversion 41,900 200           41,700  
Common shares issued for debt conversion, shares   206,767              
Common shares issued for asset acquisition 400,000 1,000           399,000  
Common shares issued for asset acquisition, shares   1,000,000              
Warrants granted in satisfaction of accounts payable and accrued liabilities 35,400             65,400  
Warrants granted in satisfaction of notes payable-related parties 9,600             9,600  
Warrants granted in connection with debt conversion 40,000             40,000  
Net loss (621,000)               (621,000)
Balance at Dec. 31, 2006 (164,600) 23,264           7,277,736 (7,465,600)
Balance, shares at Dec. 31, 2006   23,263,086              
Common shares issued for cash 189,190 492           188,698  
Common shares issued for cash, shares   492,795              
Common shares issued for exercise of warrants 186,343 745           185,598  
Common shares issued for exercise of warrants, shares   745,372              
Common shares issued for services 2,014 4           2,010  
Common shares issued for services, shares   4,000              
Common shares issued in satisfaction of accrued wages 22,000 50           21,950  
Common shares issued in satisfaction of accrued wages, shares   50,000              
Debt forgiveness, related party 147,419             147,419  
Net loss (604,913)               (604,913)
Balance at Dec. 31, 2007 (222,547) 24,555           7,823,411 (8,070,513)
Balance, shares at Dec. 31, 2007   24,555,253              
Common shares issued for cash 8,124 33           8,091  
Common shares issued for cash, shares   32,500              
Net loss (1,016,661)               (1,016,661)
Balance at Dec. 31, 2008 (1,231,084) 24,588           7,831,502 (9,087,174)
Balance, shares at Dec. 31, 2008   24,587,753              
Common shares issued for cash 340,825 2,926 (25,000)         362,899  
Common shares issued for cash, shares   2,926,600              
Common shares issued for services 15,460 122           15,338  
Common shares issued for services, shares   122,000              
Common shares issued for debt conversion 398,593 3,189           395,404  
Common shares issued for debt conversion, shares   3,188,741              
Warrants granted in connection with debt conversion 78,961             78,961  
Common shares cancelled (55,787) (127)           (55,660)  
Common shares cancelled, shares   (126,898)              
Rescission liability receivable (Receipt of payment) (12,125)       (12,125)        
Net loss (595,554)               (595,554)
Balance at Dec. 31, 2009   30,698 (25,000)   (12,125)     8,628,444 (9,682,728)
Balance, shares at Dec. 31, 2009   30,698,196              
Common shares issued for cash 30,000 40 25,000         4,960  
Common shares issued for cash, shares   40,000              
Common shares cancelled   (27)           27  
Common shares cancelled, shares   (26,993)              
Rescission liability receivable (Receipt of payment) 12,125       12,125        
Common shares issued for debt conversion Modified 128,800     128,800          
Finance costs on inducement of conversion 74,403             74,403  
Common shares awarded for commissions 2,790     2,790          
Net loss (572,855)               (572,855)
Balance at Dec. 31, 2010 (1,385,448) 30,711   131,590       8,707,834 (10,255,583)
Balance, shares at Dec. 31, 2010   30,711,203              
Common shares issued for cash 281,435 4,691           276,744  
Common shares issued for cash, shares   4,690,584              
Common shares issued for debt conversion   2,146   (128,800)       126,654  
Common shares issued for debt conversion, shares   2,146,666              
Common shares awarded for commissions 6,684     6,684          
Extension of previously granted warrants, 6,377,496 warrants 57,626                
Net loss (298,882)               (298,882)
Balance at Jun. 30, 2011 $ (1,338,585) $ 37,548   $ 9,474       $ 9,168,858 $ (10,554,465)
Balance, shares at Jun. 30, 2011   37,548,453              
v2.3.0.11
STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) (Parenthetical) (USD $)
 6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
Dec. 31, 2004
Dec. 31, 2009
Related Party [Member]
Dec. 31, 2007
Related Party [Member]
Dec. 31, 2006
Related Party [Member]
Dec. 31, 2004
Related Party [Member]
Dec. 31, 2003
Related Party [Member]
Dec. 31, 2002
Related Party [Member]
Reduction in accounts payable and accrued liabilities resulting from issuance of common stock     $ 229,400            
Reduction of debt resulting from issuance of common stock     99,700 398,593     82,700 78,300 119,800
Interest paid in common stock 57,626   14,700 29,093   1,895   43,300 74,800
Accrued wages paid in common stock         $ 22,000        
Common shares awarded for debt conversion, shares   2,146,666              
Finance costs on inducement of conversion, warrants   2,146,666              
Common shares awarded for commissions, shares 51,917 46,500              
Extension of previously granted warrants, warrants 6,377,496                
v2.3.0.11
CONDENSED STATEMENTS OF CASH FLOWS (USD $)
 6 Months Ended 198 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (298,882) $ (250,072) $ (10,554,465)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 4,385 4,937 271,939
Bad debts     207,100
Gain on sale of fixed assets     (6,501)
Stock based compensation granted for services 6,684   557,748
Stock based compensation granted for financing and interest 57,626   734,190
Beneficial conversion feature on convertible debenture     25,200
Loss on disposal of investment property     938,600
Undistributed earnings of affiliate     (174,300)
Gain on discontinued operations     (116,400)
Loss on foreign currency translation     8,500
Impairment of operating assets     445,667
Decrease (increase) in assets:      
Other current assets 5,315 1,300 (105,707)
Increase (decrease) in liabilities:      
Accounts payable and accrued expenses (56,128) 53,464 (25,245)
Accounts payable and accrued expenses, related parties 30,632   90,632
Accrued interest 26,422 26,587 525,367
Accrued interest, related parties 1,032   1,712
Accrued salaries 58,676 62,616 462,004
Unearned revenues 13,750 11,459 22,917
Net cash used in operating activities (150,488) (89,709) (6,691,042)
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of investment property     (1,083,600)
Proceeds from sale of investment property     319,300
Purchase of property and equipment   (767) (769,411)
Proceeds from sale of property and equipment     26,100
Net cash used in investing activities   (767) (1,507,611)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from convertible debentures     128,800
Proceeds from notes payable     948,400
Principal payments on notes payable     (689,900)
Proceeds from notes payable, related parties   32,125 907,791
Principal payments on notes payable, related parties (4,000)   (383,050)
Proceeds from the issuance of common stock 281,435 42,125 7,430,761
Net cash provided by financing activities 277,435 74,250 8,342,802
Net increase (decrease) in cash 126,947 (16,226) 144,149
Cash, beginning of period 17,202 17,507  
Cash, end of period 144,149 1,281 144,149
Supplemental disclosures:      
Interest paid      
Income taxes paid