11. Related Party Transactions Related party transactions are measured at the estimated fair values of the services provided or goods received. Related party transactions not disclosed elsewhere in these financial statements are as follows:
(a) During the year ended January 31, 2012, the Company paid, or made provision for the future payment of, the following amounts to related parties:
(i) $361,290 (2011 - $191,643) to Oniva International Services Corp. ("Oniva"), a private company beneficially owned by the Company and five other reporting companies related through common directors, for administrative fees, overhead expenses and reimbursement of out-of-pocket operating expenditures incurred on the Company’s behalf;
(ii) $55,501 (2011 - $50,026) to Oniva for certain mineral property expenses;
(iii) $5,600 (2011 - $55,000) as consulting fees to a private company controlled by a director;
(iv) $271,000 (2011 - $256,000) for exploration expenses to a private company controlled by a director and officer of the Company for geological consulting and general mine management;
(v) $83,090 (2011 - $46,050) for exploration expenses to the Chief Operating Officer;
(vi) $17,000 (2011 - $16,750) for directors’ fees to certain directors of the Company; and
(vii) $689,273 (2011 - $286,772) for drilling and related expenses by a private drilling company with common management.
| (b) Due from related parties consists of the following: January 31, 2012 | January 31, 2011 | February 1, 2010 |
| Cresval Capital Corp. | $ 2,741 2,741.7 | $ - | $ - |
| Frobisher Securities Inc. | - | 504 | - |
| Mill Bay Ventures | - | 154 | - |
| ABC Drilling *** | 270,556 | - | 7,551 |
| $ 273,297 | $ 658 | $ 7,551 |