CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)	Nov. 30, 2015	Aug. 31, 2015
CURRENT ASSETS
Cash and Cash Equivalents	$ 481,868	$ 359,571
Marketable Securities	16,803	16,986
Total Prepaid Insurance	26,796	6,699
Total Current Assets	525,467	383,256
Fixed Assets
Interest in Mining Properties	100,000	100,000
Deposits	60	60
Total Assets	625,527	483,316
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts Payable	160,788	189,038
TOTAL LIABILITIES	160,788	189,038
STOCKHOLDERS' EQUITY
Common Stock $.01 Par Value, Authorized 10,000,000 Shares 6,012,361 Shares issued including shares in Treasury	60,124	60,124
Paid-In Capital in excess of Par	83,810	83,810
Retained earnings	304,490	134,029
Accumulated Other Comprehensive Income	16,420	16,420
Treasury Stock	(105)	(105)
TOTAL SHAREHOLDERS' EQUITY	464,739	294,278
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	$ 625,527	$ 483,316