Inventory

12 Months Ended

Aug. 31, 2022

Inventory Abstract

Inventory

7. Inventory

Inventory consists of stockpiled ore, gold in-circuit, gold doré and supplies required during the course of exploration, development and production from its operations. IAS 2 requires allocation of fixed and variable production overheads that are incurred in converting materials into finished goods. The following is a breakdown of items in inventory:

	2022		2021
Stockpiled ore	$	2,643	$	712
In-circuit		210		350
Gold doré		253		-
Precious metals inventory		3,106		1,062
Supplies		524		117
Total Inventory	$	3,630	$	1,179