Note 5 - Property, Mineral Rights, and Equipment: Property, Plant and Equipment (Tables)

12 Months Ended

Sep. 30, 2016

Tables/Schedules

Property, Plant and Equipment

	Expected Useful Lives (years)		2016		2015
Mineral rights – Talapoosa	-	$	1,668,400	$	1,551,000
Mineral rights – Eureka	-		13,712,842		13,618,842
Mineral rights – Other	-		50,000		50,000
Total mineral rights			15,431,242		15,219,842
Equipment and vehicles	2-5		63,591		144,853
Office equipment and furniture	3-7		70,150		70,150
Land	-		51,477		51,477
Total property and equipment			185,218		266,480
Less accumulated depreciation			(133,741)		(209,065)
Property, mineral rights, and equipment, net		$	15,482,719	$	15,277,257