MARKETABLE SECURITIES

6 Months Ended

Feb. 28, 2025

Investments, Debt and Equity Securities [Abstract]

4. MARKETABLE SECURITIES

On May 4, 2022 ("Closing Date"), the Company announced the sale of its Clayton Valley unpatented mining claims to Cypress Development Corporation ("Cypress") and as a result of this transaction received 3,000,000 shares of Cypress along with $1,100,000 in cash. During January 2023 Cypress underwent a name change to Century Lithium Corp ("Century"). Marketable securities as at February 28, 2025 consist of the Company's investment in 3,000,000 shares of Century of which a total of 3,000,000 have been sold, 350,600 of which were sold during the six month period ended February 28, 2025 (six months ended February 29, 2024 - 902,000).

As at February 28, 2025, the movement in the Company's marketable securities is as follows:

Balance, August 31, 2024	$	67,516
Mark to market		377,803
Proceeds from disposal		(75,947	)
Realized loss on disposal		(352,239	)
Realized Foreign exchange loss on disposal		(17,133	)
Balance, November 30, 2024		-
Mark to market		-
Balance, February 28, 2025	$	-