Note 14 - Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

12 Months Ended

Sep. 30, 2015

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

		2015		2014
Net deferred tax asset:
Exploration costs	$	971,000	$	930,000
Property, mineral rights, and equipment		109,000		30,000
Long-term investments		180,000		180,000
Foreign investment expenses		-		-
Share-based compensation		2,127,000		2,106,000
Alternative minimum tax credit carryforward		2,000		2,000
Foreign income tax credit carryforwards		697,000		697,000
Federal and state net operating losses		13,568,000		12,376,000
Foreign net operating losses		1,736,000		1,736,000
Total deferred tax asset		19,390,000		18,057,000
Valuation allowance		(19,390,000)		(18,057,000)
Deferred tax asset	$	0	$	0
BH Minerals USA, Inc.
Net deferred tax asset:
Property, mineral rights, and equipment	$	(3,810,000)	$	(3,812,000)
Exploration costs		2,468,000		2,693,000
Federal and state net operating losses		4,192,000		3,694,000
Total deferred tax asset		2,850,000		2,575,000
Valuation allowance		(2,850,000)		(2,575,000)
Deferred tax asset	$	0	$	0