CONDENSED INTERIM STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
May 31, 2021 |
May 31, 2020 |
May 31, 2021 |
May 31, 2020 |
|
| Expenses | ||||
| Accounting and audit | $ 13,373 | $ 8,006 | $ 29,634 | $ 29,831 |
| Bank charges and interest expense | 285 | 321 | 839 | 1,383 |
| Consulting | 15,801 | 13,322 | 29,301 | 23,822 |
| Mineral exploration costs | 1,013 | 1,046 | 5,926 | 14,671 |
| Fees and dues | 20,178 | 1,959 | 34,116 | 17,698 |
| Insurance | 3,605 | |||
| Investor relations | 7,855 | 6,677 | 23,529 | 18,166 |
| Legal and professional | 11,236 | 780 | 22,401 | 8,190 |
| Office and miscellaneous | 1,956 | 802 | 3,253 | 938 |
| Research and development | 2,645 | 266 | 5,978 | 760 |
| Rent | 2,639 | 4,361 | 1,963 | |
| Stock based compensation | 9,005 | 297,691 | 17,308 | |
| Total expenses | 85,986 | 33,179 | 457,029 | 138,335 |
| Loss for the period before other items | (85,986) | (33,179) | (457,029) | (138,335) |
| Other income (expense) | ||||
| Foreign exchange gain (loss) | (2,347) | 2,382 | (4,677) | 3,716 |
| Unrealized gain on marketable securities | (33,717) | (5,470) | ||
| Gain on disposal of marketable securities | 30,984 | 53,488 | ||
| Income from royalty grant | 250,000 | 200,000 | ||
| Net Income (loss) and comprehensive Income (loss) for the period | $ (91,066) | $ (30,797) | $ (163,688) | $ 65,381 |
| Basic earnings (loss) per share (in dollars per share) | $ (0.00) | $ 0.00 | $ (0.00) | $ 0.00 |
| Diluted earnings (loss) per share (in dollars per share) | $ (0.00) | $ 0.00 | $ (0.00) | $ 0.00 |
| Weighted average number of common shares outstanding - basic (in shares) | 136,563,844 | 128,471,700 | 132,448,989 | 128,260,021 |
| Weighted average number of common shares outstanding - diluted (in shares) | 136,563,844 | 128,471,700 | 132,448,989 | 128,260,021 |