Note 6 - Related-party Transactions	9 Months Ended
Jun. 30, 2018
Notes
Note 6 - Related-party Transactions:	*NOTE 6 – RELATED-PARTY TRANSACTIONS:* In connection with the definitive agreement with AGEI for the purchase of two joint venture interests, Mr. Donald J. McDowell and Mr. Dave Mathewson were appointed to our Board of Directors on June 21, 2018. Mr. McDowell is the majority owner of AGEI and will be the beneficial owner of the majority of the consideration for the Transaction. During the quarter ended June 30, 2018, the Company granted 200,000 stock options to acquire shares of common stock of the Company to Mr. McDowell and Mr. Mathewson, our newly appointed Directors. The options were granted by our Board of Directors and were valued at $16,000 based upon the closing price of our shares of common stock on the date the options were granted. During the quarter ended June 30, 2018, two executive officers participated in a private placement offering of Units of the Company purchasing, in the aggregate, 250,000 units for proceeds of $20,000. Subsequent to the closing of the private placement offering of Units, one participating investor has been appointed to the Company’s Board of Directors. He purchased 625,000 Units for proceeds of $50,000. Each Unit was priced at $0.08 and consisted of one share of common stock of the Company and one common share purchase warrant (each a “Warrant”), with each Warrant exercisable to acquire an additional share of common stock of the Company at a price of $0.14 per share until April 30, 2021. The participation of the executive officers of the Company and a person who has subsequently been appointed to the Company’s Board of Directors, was done at the same terms as the other investors in the private placement offering. The Audit Committee of the Board of Directors approved the insiders’ participation in the private placement.

Note 6 - Related-party Transactions

9 Months Ended

Jun. 30, 2018

NOTE 6 – RELATED-PARTY TRANSACTIONS:

In connection with the definitive agreement with AGEI for the purchase of two joint venture interests, Mr. Donald J. McDowell and Mr. Dave Mathewson were appointed to our Board of Directors on June 21, 2018. Mr. McDowell is the majority owner of AGEI and will be the beneficial owner of the majority of the consideration for the Transaction.

During the quarter ended June 30, 2018, the Company granted 200,000 stock options to acquire shares of common stock of the Company to Mr. McDowell and Mr. Mathewson, our newly appointed Directors. The options were granted by our Board of Directors and were valued at $16,000 based upon the closing price of our shares of common stock on the date the options were granted.

During the quarter ended June 30, 2018, two executive officers participated in a private placement offering of Units of the Company purchasing, in the aggregate, 250,000 units for proceeds of $20,000. Subsequent to the closing of the private placement offering of Units, one participating investor has been appointed to the Company’s Board of Directors. He purchased 625,000 Units for proceeds of $50,000. Each Unit was priced at $0.08 and consisted of one share of common stock of the Company and one common share purchase warrant (each a “Warrant”), with each Warrant exercisable to acquire an additional share of common stock of the Company at a price of $0.14 per share until April 30, 2021. The participation of the executive officers of the Company and a person who has subsequently been appointed to the Company’s Board of Directors, was done at the same terms as the other investors in the private placement offering. The Audit Committee of the Board of Directors approved the insiders’ participation in the private placement.