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Note 1. Organization and Business (Details)
12 Months Ended
May 31, 2016
Details  
Nature of Operations

Business

 

The Company is in the business of mining for precious metals. It is currently an exploration stage company as set forth in Securities and Exchange Commission (SEC) Industry Guide #7 and, accordingly, expenses all exploration costs until proven and probable reserves are established.

 

The Company formed a subsidiary in Mexico (AIVN de Mexico) during 2013 to exploit mining claims it has acquired in the Mexican state of Baja, California.  The Company acquired an 85% interest in this subsidiary, which was later increased to 90%; the balance of the shares are owned by officers of the subsidiary.

Consolidation, Policy Basis of Consolidation

 

The consolidated financial statements include the accounts of the Company and its subsidiary.  All significant intercompany balances and transactions have been eliminated in consolidation.