Quarterly report pursuant to Section 13 or 15(d)

Mineral Leases (Tables)

v3.21.2
Mineral Leases (Tables)
9 Months Ended
May 31, 2021
Mineral Leases [Abstract]  
Schedule of mineral leases
    TMC     SITLA     BLM        
    Mineral     Mineral     Mineral        
    Lease     Lease     Lease     Total  
Cost                                
August 31, 2019   $ 11,091,388     $ 19,755     $ 23,800,000     $ 34,911,143  
Additions     -       -       -       -  
August 31, 2020     11,091,388       19,755       23,800,000       34,911,143  
Additions     -       -       -       -  
May 31,2021   $ 11,091,388     $ 19,755     $ 23,800,000     $ 34,911,143  
                                 
Accumulated Amortization                                
August 31, 2019, August 31, 2020 and May 31, 2021   $ -     $ -     $ -     $ -  
                                 
Carrying Amounts                                
August 31, 2019   $ 11,091,388     $ 19,755     $ 23,800,000     $ 34,911,143  
August 31, 2020   $ 11,091,388     $ 19,755     $ 23,800,000     $ 34,911,143  
May 31, 2021   $ 11,091,388     $ 19,755     $ 23,800,000     $ 34,911,143