Property and Equipment

12 Months Ended

Jun. 30, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment

3. Property and Equipment

During the twelve months ended June 30, 2021, the Company purchased land for $907,381 comprised of 12.44 acres and located in Fernley, Nevada. The Company will be constructing five separate building areas on this property to create a Pilot Plant campus that includes: Production Process Areas, Feedstock Sorting Area, Analytical Laboratory Spaces & Process Development Bays, a Storage Warehouse, and general Office Space.

On February 3, 2021, the Company made the final payment on vacant land located in Ely, NV, purchased for $204,000.

On June 28, 2021, the Company closed the acquisition of property comprised of 13.8 acres located in McCarran, Nevada for $4,229,240.

	Equipment $		Vehicle $		Land $		Total $
Cost:
Balance, September 30, 2019		–		–		–		–
Additions		–		61,916		–		–
Balance, June 30, 2020		–		61,916		–		61,916
Additions		99,466		–		5,340,621		5,440,087
Balance, June 30, 2021		99,466		61,916		5,340,621		5,502,003
Accumulated Depreciation
Balance, September 30, 2019		–		–		–		–
Additions		–		3,110		–		–
Balance, June 30, 2020		–		3,110		–		3,110
Additions		4,356		10,312		–		14,668
Balance, June 30, 2021		4,356		13,422		–		17,778
Carrying Amounts:
Balance, June 30, 2020		–		58,806		–		58,806
Balance, June 30, 2021		95,110		48,494		5,340,621		5,484,225