XML 14 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jan. 31, 2018
Jan. 31, 2017
Cash Flow from Operating Activities:    
Net loss $ (232,869) $ (569,993)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Loss on disposal of mineral rights 470,472
Changes in Operating Assets and Liabilities:    
Prepaid expenses (725) 2,500
Accounts receivable 4,413
Accrued interest 5,069
Accounts payables and accrued liabilities (29,680) 95,234
Receivable on working interest 50
Accrued liabilities (31,783)
Net cash used in operating activities (285,575) (1,737)
Cash Flows from Investing Activities
Cash Flows from Financing Activities    
Proceeds from loan payable 25,000
Proceeds from the sale of common stock 293,000 5,000
Net cash provided by financing activities 318,000 5,000
Net increase in cash 32,425 3,263
Cash at beginning of the period 822 5,239
Cash at end of the period 33,247 8,502
Supplemental disclosure of noncash activities:    
Common stock issued for mineral property rights 16,750
Forgiveness of related party debt $ 24,747