See pg 8 & 15 for the general jist of what they have spent money on.

Just an FYI- they are alway late meeting deadlines and cannot keep a CEO. Your only hope owning this is if they get bought out.  There does seem to be value in Mt. Pleasant but management is deplorable and I would be shocked if they get furthur financing. My guess is Bankruptcy in a year. 

http://www.adexmining.com/fileupload/pdf/Adex_pres_August2012.pdf