MINERAL PROPERTY

12 Months Ended

Aug. 31, 2023

Mineral Industries Disclosures [Abstract]

5. MINERAL PROPERTY

West Tonopah

On February 25, 2022, the Company staked 1,760 acres of unpatented mineral claims in Esmeralda County, Nevada for cash consideration of $10,500. During the years ended August 31, 2023 and 2022, the mineral exploration expense consisted of:

		August 31,		August 31,
		2023		2022
Drilling	$	325,170	$	125,154
Geologists		77,379		56,999
Sample Assays		31,441		8,572
Travel & Misc		30,675		21,623
Total Exploration	$	464,665	$	212,348

Disposed of Property

Clayton Valley

During the year ended August 31, 2017 the Company staked lode and placer claims on Bureau of Land Management lands in Esmerelda County Nevada covering approximately 160 Acres with a 100% interest in the lands. In February of 2020 the Company signed a 1% Royalty agreement in exchange for $200,000. In October of 2020 the Company signed a 1% Royalty agreement in exchange for $250,000. On May 4, 2022, the Company closed the Clayton Valley property sale and disposed of the unpatented mining claims for consideration consisting of $1,100,000 in cash and 3,000,000 shares of Cypress Development Corp (Note 4, 5), renamed Century Lithium Corp. The royalty liabilities from the project were fully transferred to Century Lithium Corp.