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CONSOLIDATED BALANCE SHEETS (USD $)
Aug. 31, 2012
Aug. 31, 2011
Current    
Cash and cash equivalents $ 13,692 $ 263,152
Owned securities 7,500 375,910
Accounts receivable 56,724 37,243
Prepaid expenses and deposit 10,731 44,265
Total current assets 88,647 720,570
Non-Current    
Long term investments - Pro Eco & GSWPS 100,697 261,431
Deferred charges 0 29,038
Mineral Property 291,843 162,045
Total Assets 481,187 1,173,084
Current    
Accounts payable 126,770 14,881
Short Term Loan- related party 50,045 0
Due to related parties 187,808 73,808
Total Current Liabilities 364,623 88,689
Promissory notes - related party 0 0
Warrants Liability 9,789 300,792
Total Liabilities 374,412 389,481
STOCKHOLDERS' EQUITY    
Share capital Authorized: 200,000,000 common shares with a par value of $0.001 per share Issued and outstanding: 27,827,615 common shares at August 31, 2012 and August 31,2011:24,643,685 27,828 24,644
Additional paid-in capital 5,472,701 5,142,978
Deficit accumulated during the exploration stage (5,393,754) (4,384,019)
Total Stockholders' Equity 106,775 783,603
Total Liabilities and Stockholders' Equity $ 481,187 $ 1,173,084