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CONDENSED INTERIM STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
May 31, 2022
May 31, 2021
May 31, 2022
May 31, 2021
Expenses        
Accounting and audit $ 15,461 $ 13,373 $ 27,926 $ 29,634
Bank charges and interest expense 2,211 285 3,277 839
Consulting 32,546 15,801 124,175 29,301
Mineral exploration costs 22,254 1,013 32,587 5,926
Fees and dues 23,804 20,178 40,779 34,116
Investor relations 10,049 7,855 30,405 23,529
Legal and professional 16,427 11,236 42,489 22,401
Office and miscellaneous 2,976 1,956 6,495 3,253
Research and development 39,521 2,645 690,658 5,978
Rent 2,598 2,639 7,822 4,361
Stock based compensation 0 9,005 55,877 297,691
Travel 8,974 0 13,086 0
Total expenses 176,821 85,986 1,075,576 457,029
Loss for the period before other items (176,821) (85,986) (1,075,576) (457,029)
Other income (expense)        
Foreign exchange gain (loss) (358) (2,347) (1,402) (4,677)
Unrealized gain on marketable securities (669,573) (33,717) (666,862) (5,470)
Gain on disposal of marketable securities 0 30,984 (7,641) 53,488
Income from mineral property sale 4,482,382 0 4,532,382 250,000
Net Income (loss) and comprehensive Income (loss) for the period $ 3,635,630 $ (91,066) $ 2,780,901 $ (163,688)
Basic earnings (loss) per share $ 0.02 $ 0 $ 0.02 $ 0
Diluted earnings (loss) per share $ 0.02 $ 0 $ 0.02 $ 0
Weighted average number of common shares outstanding - basic 155,116,088 136,563,844 149,600,199 128,260,021
Weighted average number of common shares outstanding - diluted 155,116,088 136,563,844 149,600,199 128,260,021