SEGMENTED INFORMATION

12 Months Ended

Aug. 31, 2012

SEGMENTED INFORMATION [Text Block]

13. SEGMENTED INFORMATION

The Company identifies its segments based on the way management organizes the Company to assess performance and make operating decisions regarding the allocation of resources. In accordance with the criteria in FASB ASC 280 " Segment Reporting ," the Company has concluded it has two reportable segments: renewable energy, and mining exploration and developments, which are managed separately based on fundamental differences in their operations nature.

Summarized financial information concerning the Company’s reportable segments is shown in the following tables:

					Mining exploration
Year ended August 31, 2012		Renewable energy			and development			Corporate			Consolidated
Revenues	$	-		$	-		$	-		$	-
Net income (loss) from operations		(203,044	)		(179,375	)		(627,316	)		(1,009,735	)
Total assets	$	100,697		$	293,255		$	87,235		$	481,187
					Mining exploration
Year ended August 31, 2011		Renewable energy			and development			Corporate			Consolidated
Revenues	$	20,512		$	-		$	-		$	20,512
Net income (loss) from operations		(135,147	)		(169,545	)		139,287			(165,405	)
Total assets	$	298,509		$	196,181		$	678,394		$	1,173,084

The operations of the Group are located geographically in the United States.