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CONDENSED INTERIM STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended 12 Months Ended
Feb. 28, 2021
Feb. 29, 2020
Aug. 31, 2020
Aug. 31, 2019
Cash flows used in operating activities        
Net Income (loss) $ (72,622) $ 96,178 $ 34,132 $ (422,341)
Changes to reconcile net loss to net cash used in operating activities        
Shares issued for exploration cost   11,489 11,489  
Stock-based compensation 288,686 17,308 17,308
Income from Royalty grant (250,000) (200,000) (200,000)  
Unrealized gain on marketable securities (28,247)   (3,201)  
Gain on disposal of marketable securities (22,504)      
Interest on loan payable   699 699 178
Change in non-cash working capital items:        
Accounts receivable 483 5,626 4,717 1,279
Prepaid expenses and deposit (38,930) 11,474 15,438 57,515
Accounts payable and accrued liabilities (15,826) (6,656) 6,696 5,394
Due to related parties (28,875) 2,169 (14,387) 31,987
Net cash (used in) operating activities (167,835) (61,713) (127,109) (325,988)
Cash flows from Investing activities        
Purchase of marketable securities     (21,153)  
Proceeds from disposal of marketable securities 31,905      
Proceeds from royalty grant 250,000 200,000 200,000  
Net cash from investing activities 281,905 200,000 178,847  
Cash flows from (used in) Financing activities        
Proceeds from loan from related party       15,301
Net proceeds from options exercised 75,048      
Net proceeds from warrants exercised 1,600      
Net proceeds from subscriptions received 180,000     144,036
Repayment of loan from related party   (15,968) (15,968)  
Net cash from (used in) Financing activities 256,648 (15,968) (15,968) 159,337
Increase (Decrease) in cash and cash equivalents 370,718 122,319 35,770 (166,651)
Cash and cash equivalents, beginning of period 45,528 9,758 9,758 176,409
Cash and cash equivalents, end of period 416,246 132,077 45,528 $ 9,758
Supplemental information of cash flows        
Interest paid in cash 0 699 $ 666  
Income taxes paid in cash $ 0 $ 0