CONSOLIDATED BALANCE SHEETS - USD ($)	Aug. 31, 2022	Aug. 31, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 1,838,300	$ 5,106,653
Short-term investments	505,611
Prepaid expenses and other current assets	293,130	73,029
Total current assets	2,637,041	5,179,682
Property and equipment, net	23,853	30,834
Mineral properties, net	415,607	181,755
Deposit	7,500	12,620
TOTAL ASSETS	3,084,001	5,404,891
CURRENT LIABILITIES
Accounts payable and accrued liabilities	41,101	191,394
Accounts payable - related parties		10,000
Total current liabilities	41,101	201,394
SHAREHOLDERS’ EQUITY
Preferred stock, par value $0.001; 10,000,000 shares authorized, no shares issued and outstanding
Common stock, par value $0.01; 100,000,000 shares authorized, 72,869,220 and 71,934,065 shares issued and outstanding as of August 31, 2022 and 2021, respectively	728,692	719,341
Additional paid-in capital	42,066,269	41,332,478
Accumulated deficit	(39,752,061)	(36,848,322)
Total shareholders’ equity	3,042,900	5,203,497
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 3,084,001	$ 5,404,891

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount of excess of issue price over par or stated value of stock and from other transaction involving stock or stockholder. Includes, but is not limited to, additional paid-in capital (APIC) for common and preferred stock.