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PROPERTY MINERAL RIGHTS AND EQUIPMENT (Tables)
3 Months Ended
Dec. 31, 2022
PROPERTY MINERAL RIGHTS AND EQUIPMENT  
Property, Plant And Equipment

 

 

Expected Useful Lives (years)

 

 

December 31, 2022

 

 

September 30, 2022

 

 

 

 

 

 

 

 

 

 

 

Mineral rights – Eureka

 

-

 

 

$13,804,608

 

 

$13,786,608

 

Mineral rights – Seven Troughs,

New York Canyon and other

 

-

 

 

 

166,724

 

 

 

142,770

 

Total mineral rights

 

 

 

 

 

 

13,971,332

 

 

 

13,929,378

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equipment and vehicles

 

2-5

 

 

 

53,678

 

 

 

53,678

 

Office equipment and furniture

 

3-7

 

 

 

70,150

 

 

 

70,150

 

Land

 

-

 

 

 

51,477

 

 

 

51,477

 

Total property and equipment

 

 

 

 

 

 

175,305

 

 

 

175,305

 

Less accumulated depreciation

 

 

 

 

 

 

(123,828)

 

 

(123,828)

Property, mineral rights, and equipment, net

 

 

 

 

 

$14,022,809

 

 

$13,980,855