Note 5 - Related-party Transactions	12 Months Ended
Sep. 30, 2018
Notes
Note 5 - Related-party Transactions:	*NOTE 5 – RELATED-PARTY TRANSACTIONS:* In connection with the definitive agreement with AGEI for the purchase of interests in two mineral properties (see Note 4), Mr. Donald J. McDowell and Mr. Dave Mathewson were appointed to the Company’s Board of Directors on June 21, 2018. Mr. McDowell is the majority owner of AGEI and is the beneficial owner of the majority of the consideration for the Transaction. In connection with the appointments, the Company granted 200,000 stock options to acquire shares of common stock of the Company to Mr. McDowell and Mr. Mathewson, accounted for as share-based compensation. The options were valued at $16,000 based upon the closing price of the Company’s shares of common stock on the date the options were granted. During 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. Additionally, subsequent to the closing of the offerings, one participating investor was appointed to the Company’s Board of Directors. He had purchased 625,000 Units for proceeds of $50,000. The participation of the executive officers of the Company and the person subsequently appointed to the Company’s Board of Directors, was done at the same terms as the other investors in the offering. (See Note 10 – Common Stock, Warrants and Preferred Stock for valuation assumptions and details).

Note 5 - Related-party Transactions

12 Months Ended

Sep. 30, 2018

NOTE 5 – RELATED-PARTY TRANSACTIONS:

In connection with the definitive agreement with AGEI for the purchase of interests in two mineral properties (see Note 4), Mr. Donald J. McDowell and Mr. Dave Mathewson were appointed to the Company’s Board of Directors on June 21, 2018. Mr. McDowell is the majority owner of AGEI and is the beneficial owner of the majority of the consideration for the Transaction.

In connection with the appointments, the Company granted 200,000 stock options to acquire shares of common stock of the Company to Mr. McDowell and Mr. Mathewson, accounted for as share-based compensation. The options were valued at $16,000 based upon the closing price of the Company’s shares of common stock on the date the options were granted.

During 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. Additionally, subsequent to the closing of the offerings, one participating investor was appointed to the Company’s Board of Directors. He had purchased 625,000 Units for proceeds of $50,000. The participation of the executive officers of the Company and the person subsequently appointed to the Company’s Board of Directors, was done at the same terms as the other investors in the offering. (See Note 10 – Common Stock, Warrants and Preferred Stock for valuation assumptions and details).