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Note 3 - Property, Mineral Rights, and Equipment: Schedule of fair value of warrants issued for mineral rights (Tables)
12 Months Ended
Sep. 30, 2019
Tables/Schedules  
Schedule of fair value of warrants issued for mineral rights

 

 

Warrants Issued September 30, 2019

 

Warrants Issued September 30, 2018

 

Expected volatility

137.40%

 

130.70%

 

Stock price on date of grant

$0.06

 

$0.08

 

Exercise price

$0.14

 

$0.14

 

Expected dividends

-

 

-

 

Expected term (in years)

3

 

3

 

Risk-free rate

2.46%

 

2.67%

 

Expected forfeiture rate

0%

 

0%