| |
| Document - Document and Entity
Information |
| Document - Document and Entity
Information (USD $) |
12 Months Ended |
|
|
| (
custom:DocumentAndEntityInformationAbstract [Extension] ) |
|
|
|
| |
|
| |
Aug. 31, 2017 |
Dec. 11, 2017 |
Dec. 1, 2017 |
| |
|
|
|
| |
|
| |
|
|
|
| |
|
|
|
| |
|
| Entity Registrant Name |
Texas Mineral
Resources Corp. |
|
|
|
|
|
| ( dei:EntityRegistrantName
) |
|
|
|
|
|
|
| The
exact name of the entity filing the report as specified in its
charter, which is required by forms filed with the SEC. |
|
| Entity Central Index Key |
0001445942 |
|
|
|
|
|
| ( dei:EntityCentralIndexKey
) |
|
|
|
|
|
|
| A
unique 10-digit SEC-issued value to identify entities that have
filed disclosures with the SEC. It is commonly abbreviated as
CIK. |
|
| Document Type |
10-K |
|
|
|
|
|
| ( dei:DocumentType
) |
|
|
|
|
|
|
| The
type of document being provided (such as 10-K, 10-Q, 485BPOS, etc).
The document type is limited to the same value as the supporting SEC
submission type, or the word "Other". |
|
| Document Period End Date |
2017-08-31 |
|
|
|
|
|
| ( dei:DocumentPeriodEndDate
) |
|
|
|
|
|
|
| The
end date of the period reflected on the cover page if a periodic
report. For all other reports and registration statements containing
historical data, it is the date up through which that historical
data is presented. If there is no historical data in the report, use
the filing date. The format of the date is CCYY-MM-DD. |
|
| Amendment Flag |
false |
|
|
|
|
|
| ( dei:AmendmentFlag
) |
|
|
|
|
|
|
| If
the value is true, then the document is an amendment to
previously-filed/accepted document. |
|
| Current Fiscal Year End Date |
--08-31 |
|
|
|
|
|
| (
dei:CurrentFiscalYearEndDate ) |
|
|
|
|
|
|
| End
date of current fiscal year in the format --MM-DD. |
|
| Entity a Well-known Seasoned
Issuer |
No |
|
|
|
|
|
| (
dei:EntityWellKnownSeasonedIssuer ) |
|
|
|
|
|
|
| Indicate
"Yes" or "No" if the registrant is a well-known seasoned issuer, as
defined in Rule 405 of the Securities Act. Is used on Form Type:
10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR,
N-Q, N-1A. |
|
| Entity a Voluntary Filer |
No |
|
|
|
|
|
| ( dei:EntityVoluntaryFilers
) |
|
|
|
|
|
|
| Indicate
"Yes" or "No" if the registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act. |
|
| Entity's Reporting Status Current |
Yes |
|
|
|
|
|
| (
dei:EntityCurrentReportingStatus ) |
|
|
|
|
|
|
| Indicate
"Yes" or "No" whether registrants (1) have filed all reports
required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such
shorter period that registrants were required to file such reports),
and (2) have been subject to such filing requirements for the past
90 days. This information should be based on the registrant's
current or most recent filing containing the related disclosure. |
|
| Entity Filer Category |
Smaller
Reporting Company |
|
|
|
|
|
| ( dei:EntityFilerCategory
) |
|
|
|
|
|
|
| Indicate
whether the registrant is one of the following: (1) Large
Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer,
(4) Smaller Reporting Company (Non-accelerated) or (5) Smaller
Reporting Accelerated Filer. Definitions of these categories are
stated in Rule 12b-2 of the Exchange Act. This information should be
based on the registrant's current or most recent filing containing
the related disclosure. |
|
| Document Fiscal Period Focus |
FY |
|
|
|
|
|
| (
dei:DocumentFiscalPeriodFocus ) |
|
|
|
|
|
|
| This
is focus fiscal period of the document report. For a first quarter
2006 quarterly report, which may also provide financial information
from prior periods, the first fiscal quarter should be given as the
fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2,
T3, M8, CY. |
|
| Document Fiscal Year Focus |
2017 |
|
|
|
|
|
| ( dei:DocumentFiscalYearFocus
) |
|
|
|
|
|
|
| This
is focus fiscal year of the document report in CCYY format. For a
2006 annual report, which may also provide financial information
from prior periods, fiscal 2006 should be given as the fiscal year
focus. Example: 2006. |
|
| Entity Common Stock, Shares
Outstanding |
|
|
44,941,532 |
|
|
|
| (
dei:EntityCommonStockSharesOutstanding ) |
|
|
|
|
|
|
| Indicate
number of shares or other units outstanding of each of registrant's
classes of capital or common stock or other ownership interests, if
and as stated on cover of related periodic report. Where multiple
classes or units exist define each class/interest by adding class of
stock items such as Common Class A [Member], Common Class B [Member]
or Partnership Interest [Member] onto the Instrument [Domain] of the
Entity Listings, Instrument. |
|
| Entity Public Float |
|
|
|
|
6,492,839 |
|
| ( dei:EntityPublicFloat
) |
|
|
|
|
|
|
| State
aggregate market value of voting and non-voting common equity held
by non-affiliates computed by reference to price at which the common
equity was last sold, or average bid and asked price of such common
equity, as of the last business day of registrant's most recently
completed second fiscal quarter. The public float should be reported
on the cover page of the registrants form 10K. |
| |
| (End Document - Document and Entity
Information) |
| |
| Statement - BALANCE SHEETS |
| Statement - BALANCE SHEETS (USD $) |
|
|
| (
us-gaap:StatementOfFinancialPositionAbstract ) |
|
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2016 |
| |
|
|
| |
|
| |
|
|
| |
|
|
| |
|
| ASSETS |
|
|
|
|
| ( us-gaap:AssetsAbstract
) |
|
|
|
|
| |
|
| CURRENT
ASSETS |
|
|
|
|
| (
us-gaap:AssetsCurrentAbstract ) |
|
|
|
|
| |
|
| Cash
and cash equivalents |
1,080 |
|
5,164 |
|
| (
us-gaap:CashAndCashEquivalentsAtCarryingValue ) |
|
|
|
|
| Amount
of currency on hand as well as demand deposits with banks or
financial institutions. Includes other kinds of accounts that have
the general characteristics of demand deposits. Also includes
short-term, highly liquid investments that are both readily
convertible to known amounts of cash and so near their maturity that
they present insignificant risk of changes in value because of
changes in interest rates. Excludes cash and cash equivalents within
disposal group and discontinued operation. |
|
| Prepaid
expenses and other current assets |
6,667 |
|
6,667 |
|
| (
us-gaap:PrepaidExpenseAndOtherAssetsCurrent ) |
|
|
|
|
| Amount
of asset related to consideration paid in advance for costs that
provide economic benefits in future periods, and amount of other
assets that are expected to be realized or consumed within one year
or the normal operating cycle, if longer. |
|
| Total
current assets |
7,747 |
|
11,831 |
|
| ( us-gaap:AssetsCurrent
) |
|
|
|
|
| Sum
of the carrying amounts as of the balance sheet date of all assets
that are expected to be realized in cash, sold, or consumed within
one year (or the normal operating cycle, if longer). Assets are
probable future economic benefits obtained or controlled by an
entity as a result of past transactions or events. |
|
| Property and
equipment, net |
5,421 |
|
15,536 |
|
| (
us-gaap:PropertyPlantAndEquipmentNet ) |
|
|
|
|
| Amount
after accumulated depreciation, depletion and amortization of
physical assets used in the normal conduct of business to produce
goods and services and not intended for resale. Examples include,
but are not limited to, land, buildings, machinery and equipment,
office equipment, and furniture and fixtures. |
|
| Mineral
properties |
358,594 |
|
1,753,446 |
|
| (
us-gaap:MineralPropertiesNet ) |
|
|
|
|
| Mineral
properties, net of adjustments. |
|
| Deposits |
24,000 |
|
29,710 |
|
| (
us-gaap:DepositsAssetsNoncurrent ) |
|
|
|
|
| Carrying
value of amounts transferred to third parties for security purposes
that are expected to be returned or applied towards payment after
one year or beyond the operating cycle, if longer. |
|
| TOTAL
ASSETS |
395,762 |
|
1,810,523 |
|
| ( us-gaap:Assets ) |
|
|
|
|
| Sum
of the carrying amounts as of the balance sheet date of all assets
that are recognized. Assets are probable future economic benefits
obtained or controlled by an entity as a result of past transactions
or events. |
|
| LIABILITIES AND SHAREHOLDERS'
EQUITY |
|
|
|
|
| (
us-gaap:LiabilitiesAndStockholdersEquityAbstract ) |
|
|
|
|
| |
|
| CURRENT
LIABILITIES |
|
|
|
|
| (
us-gaap:LiabilitiesCurrentAbstract ) |
|
|
|
|
| |
|
| Accounts
payable and accrued liabilities |
1,003,468 |
|
602,533 |
|
| (
us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent ) |
|
|
|
|
| Sum
of the carrying values as of the balance sheet date of obligations
incurred through that date and due within one year (or the operating
cycle, if longer), including liabilities incurred (and for which
invoices have typically been received) and payable to vendors for
goods and services received, taxes, interest, rent and utilities,
accrued salaries and bonuses, payroll taxes and fringe benefits. |
|
| Notes
payable - related party, net of discount |
246,165 |
|
76,500 |
|
| (
us-gaap:NotesPayableRelatedPartiesClassifiedCurrent ) |
|
|
|
|
| The
amount for notes payable (written promise to pay), due to related
parties. Used to reflect the current portion of the liabilities (due
within one year or within the normal operating cycle if longer). |
|
| Current
portion of note payable |
260,387 |
|
260,387 |
|
| ( us-gaap:NotesPayableCurrent
) |
|
|
|
|
| Sum
of the carrying values as of the balance sheet date of the portions
of long-term notes payable due within one year or the operating
cycle if longer. |
|
| Total
current liabilities |
1,510,020 |
|
939,420 |
|
| ( us-gaap:LiabilitiesCurrent
) |
|
|
|
|
| Total
obligations incurred as part of normal operations that are expected
to be paid during the following twelve months or within one business
cycle, if longer. |
|
| COMMITMENTS
AND CONTINGENCIES |
|
|
— |
|
| (
us-gaap:CommitmentsAndContingencies ) |
|
|
|
|
| Represents
the caption on the face of the balance sheet to indicate that the
entity has entered into (1) purchase or supply arrangements that
will require expending a portion of its resources to meet the terms
thereof, and (2) is exposed to potential losses or, less frequently,
gains, arising from (a) possible claims against a company's
resources due to future performance under contract terms, and (b)
possible losses or likely gains from uncertainties that will
ultimately be resolved when one or more future events that are
deemed likely to occur do occur or fail to occur. |
|
| SHAREHOLDERS'
EQUITY |
|
|
|
|
| (
us-gaap:StockholdersEquityAbstract ) |
|
|
|
|
| |
|
| Preferred
stock, par value $0.001; 10,000,000 shares authorized, no shares
issued and outstanding as of August 31, 2017 and August 31, 2016,
respectively |
|
|
— |
|
| ( us-gaap:PreferredStockValue
) |
|
|
|
|
| Aggregate
par or stated value of issued nonredeemable preferred stock (or
preferred stock redeemable solely at the option of the issuer). This
item includes treasury stock repurchased by the entity. Note:
elements for number of nonredeemable preferred shares, par value and
other disclosure concepts are in another section within
stockholders' equity. |
|
| Common
stock, par value $0.01; 100,000,000 shares authorized, 44,941,532
and 44,941,532 shares issued and outstanding as of August 31, 2017
and August 31, 2016, respectively |
449,416 |
|
449,416 |
|
| ( us-gaap:CommonStockValue
) |
|
|
|
|
| Aggregate
par or stated value of issued nonredeemable common stock (or common
stock redeemable solely at the option of the issuer). This item
includes treasury stock repurchased by the entity. Note: elements
for number of nonredeemable common shares, par value and other
disclosure concepts are in another section within stockholders'
equity. |
|
| Additional
paid-in capital |
33,068,309 |
|
32,918,544 |
|
| (
us-gaap:AdditionalPaidInCapital ) |
|
|
|
|
| Excess
of issue price over par or stated value of the entity's capital
stock and amounts received from other transactions involving the
entity's stock or stockholders. Includes adjustments to additional
paid in capital. Some examples of such adjustments include recording
the issuance of debt with a beneficial conversion feature and
certain tax consequences of equity instruments awarded to employees.
Use this element for the aggregate amount of additional paid-in
capital associated with common and preferred stock. For additional
paid-in capital associated with only common stock, use the element
additional paid in capital, common stock. For additional paid-in
capital associated with only preferred stock, use the element
additional paid in capital, preferred stock. |
|
| Accumulated
deficit |
(34,631,983 |
) |
(32,496,857 |
) |
| (
us-gaap:RetainedEarningsAccumulatedDeficit ) |
|
|
|
|
| The
cumulative amount of the reporting entity's undistributed earnings
or deficit. |
|
| Total
shareholders' equity |
(1,114,258 |
) |
871,103 |
|
| ( us-gaap:StockholdersEquity
) |
|
|
|
|
| Total
of all stockholders' equity (deficit) items, net of receivables from
officers, directors, owners, and affiliates of the entity which are
attributable to the parent. The amount of the economic entity's
stockholders' equity attributable to the parent excludes the amount
of stockholders' equity which is allocable to that ownership
interest in subsidiary equity which is not attributable to the
parent (noncontrolling interest, minority interest). This excludes
temporary equity and is sometimes called permanent equity. |
|
| TOTAL
LIABILITIES AND SHAREHOLDERS' EQUITY |
395,762 |
|
1,810,523 |
|
| (
us-gaap:LiabilitiesAndStockholdersEquity ) |
|
|
|
|
| Amount
of liabilities and equity items, including the portion of equity
attributable to noncontrolling interests, if any. |
| |
| (End Statement - BALANCE SHEETS) |
| |
| Statement - BALANCE SHEETS
(Parenthetical) |
| Statement - BALANCE SHEETS
(Parenthetical) (USD $) |
|
|
| (
us-gaap:StatementOfFinancialPositionAbstract ) |
|
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2016 |
| |
|
|
| |
|
| |
|
|
| |
|
|
| |
|
| Preferred stock, par value |
0.001 |
|
0.001 |
|
| (
us-gaap:PreferredStockParOrStatedValuePerShare ) |
|
|
|
|
| Face
amount or stated value per share of preferred stock nonredeemable or
redeemable solely at the option of the issuer. |
|
| Preferred stock, shares
authorized |
10,000,000 |
|
10,000,000 |
|
| (
us-gaap:PreferredStockSharesAuthorized ) |
|
|
|
|
| The
maximum number of nonredeemable preferred shares (or preferred stock
redeemable solely at the option of the issuer) permitted to be
issued by an entity's charter and bylaws. |
|
| Preferred stock, shares issued |
0 |
|
0 |
|
| (
us-gaap:PreferredStockSharesIssued ) |
|
|
|
|
| Total
number of nonredeemable preferred shares (or preferred stock
redeemable solely at the option of the issuer) issued to
shareholders (includes related preferred shares that were issued,
repurchased, and remain in the treasury). May be all or portion of
the number of preferred shares authorized. Excludes preferred shares
that are classified as debt. |
|
| Preferred stock, shares
outstanding |
0 |
|
0 |
|
| (
us-gaap:PreferredStockSharesOutstanding ) |
|
|
|
|
| Aggregate
share number for all nonredeemable preferred stock (or preferred
stock redeemable solely at the option of the issuer) held by
stockholders. Does not include preferred shares that have been
repurchased. |
|
| Common stock, par value |
0.01 |
|
0.01 |
|
| (
us-gaap:CommonStockParOrStatedValuePerShare ) |
|
|
|
|
| Face
amount or stated value per share of common stock. |
|
| Common stock, shares authorized |
100,000,000 |
|
100,000,000 |
|
| (
us-gaap:CommonStockSharesAuthorized ) |
|
|
|
|
| The
maximum number of common shares permitted to be issued by an
entity's charter and bylaws. |
|
| Common stock, shares issued |
44,941,532 |
|
44,941,532 |
|
| (
us-gaap:CommonStockSharesIssued ) |
|
|
|
|
| Total
number of common shares of an entity that have been sold or granted
to shareholders (includes common shares that were issued,
repurchased and remain in the treasury). These shares represent
capital invested by the firm's shareholders and owners, and may be
all or only a portion of the number of shares authorized. Shares
issued include shares outstanding and shares held in the
treasury. |
|
| Common stock, shares outstanding |
44,941,532 |
|
44,941,532 |
|
| (
us-gaap:CommonStockSharesOutstanding ) |
|
|
|
|
| Number
of shares of common stock outstanding. Common stock represent the
ownership interest in a corporation. |
| |
| (End Statement - BALANCE SHEETS
(Parenthetical)) |
| |
| Statement - STATEMENTS OF
OPERATIONS |
| Statement - STATEMENTS OF OPERATIONS
(USD $) |
12
Months Ended |
| (
us-gaap:IncomeStatementAbstract ) |
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2016 |
| |
|
|
| |
|
| |
|
|
| |
|
|
| |
|
| OPERATING EXPENSES |
|
|
|
|
| (
us-gaap:OperatingExpensesAbstract ) |
|
|
|
|
| |
|
| Exploration
costs |
90,484 |
|
216,223 |
|
| (
us-gaap:ExplorationExpenseMining ) |
|
|
|
|
| Exploration
expenses (including prospecting) related to the mining industry
would be included in operating expenses. Exploration costs include
costs incurred in identifying areas that may warrant examination and
in examining specific areas that are considered to have prospects of
mineral reserves. |
|
| Impairment
of mineral properties |
1,394,852 |
|
— |
|
| (
us-gaap:ImpairmentOfOilAndGasProperties ) |
|
|
|
|
| The
expense recorded to reduce the value of oil and gas assets
consisting of proved properties and unproved properties as the
estimate of future successful production from these properties is
reduced. |
|
| General and
administrative expenses |
495,906 |
|
987,869 |
|
| (
us-gaap:GeneralAndAdministrativeExpense ) |
|
|
|
|
| The
aggregate total of expenses of managing and administering the
affairs of an entity, including affiliates of the reporting entity,
which are not directly or indirectly associated with the
manufacture, sale or creation of a product or product line. |
|
| Total
operating expenses |
1,981,242 |
|
1,204,092 |
|
| ( us-gaap:OperatingExpenses
) |
|
|
|
|
| Generally
recurring costs associated with normal operations except for the
portion of these expenses which can be clearly related to production
and included in cost of sales or services. Includes selling, general
and administrative expense. |
|
| LOSS FROM OPERATIONS |
(1,981,242 |
) |
(1,204,092 |
) |
| ( us-gaap:OperatingIncomeLoss
) |
|
|
|
|
| The
net result for the period of deducting operating expenses from
operating revenues. |
|
| OTHER INCOME (EXPENSE) |
|
|
|
|
| (
us-gaap:NonoperatingIncomeExpenseAbstract ) |
|
|
|
|
| |
|
| Gain on sale
of asset |
|
|
5,698 |
|
| (
us-gaap:GainLossOnSaleOfPropertyPlantEquipment ) |
|
|
|
|
| Amount
of gain (loss) on sale or disposal of property, plant and equipment
assets, including oil and gas property and timber property. |
|
| Interest and
other income |
2 |
|
448 |
|
| (
us-gaap:InterestAndOtherIncome ) |
|
|
|
|
| The
amount of interest income and other income recognized during the
period. Included in this element is interest derived from
investments in debt securities, cash and cash equivalents, and other
investments which reflect the time value of money or transactions in
which the payments are for the use or forbearance of money and other
income from ancillary business-related activities (that is,
excluding major activities considered part of the normal operations
of the business). |
|
| Interest and
other expense |
(153,886 |
) |
(15,993 |
) |
| (
us-gaap:OtherNonoperatingExpense ) |
|
|
|
|
| Amount
of expense related to nonoperating activities, classified as
other. |
|
| Total other
income (expense) |
(153,884 |
) |
(9,847 |
) |
| (
us-gaap:NonoperatingIncomeExpense ) |
|
|
|
|
| The
aggregate amount of income or expense from ancillary
business-related activities (that is to say, excluding major
activities considered part of the normal operations of the
business). |
|
| NET LOSS |
(2,135,126 |
) |
(1,213,939 |
) |
| ( us-gaap:NetIncomeLoss
) |
|
|
|
|
| The
portion of profit or loss for the period, net of income taxes, which
is attributable to the parent. |
|
| Net loss per share: |
|
|
|
|
| (
us-gaap:EarningsPerShareBasicAndDilutedAbstract ) |
|
|
|
|
| |
|
| Basic and
diluted net loss per share |
(0.05 |
) |
(0.03 |
) |
| (
us-gaap:EarningsPerShareBasicAndDiluted ) |
|
|
|
|
| The
amount of net income or loss for the period per each share in
instances when basic and diluted earnings per share are the same
amount and reported as a single line item on the face of the
financial statements. Basic earnings per share is the amount of net
income or loss for the period per each share of common stock or unit
outstanding during the reporting period. Diluted earnings per share
includes the amount of net income or loss for the period available
to each share of common stock or common unit outstanding during the
reporting period and to each share or unit that would have been
outstanding assuming the issuance of common shares or units for all
dilutive potential common shares or units outstanding during the
reporting period. |
|
| Weighted average shares
outstanding: |
|
|
|
|
| (
us-gaap:EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract
) |
|
|
|
|
| |
|
| Basic and
diluted |
44,941,532 |
|
43,857,977 |
|
| (
us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
) |
|
|
|
|
| Average
number of shares or units issued and outstanding that are used in
calculating basic and diluted earnings per share (EPS). |
| |
| (End Statement - STATEMENTS OF OPERATIONS) |
| |
| Statement - STATEMENTS OF CASH
FLOWS |
| Statement - STATEMENTS OF CASH FLOWS
(USD $) |
12
Months Ended |
| (
us-gaap:StatementOfCashFlowsAbstract ) |
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2016 |
| |
|
|
| |
|
| |
|
|
| |
|
|
| |
|
| CASH FLOWS FROM OPERATING
ACTIVITIES |
|
|
|
|
| (
us-gaap:NetCashProvidedByUsedInOperatingActivitiesAbstract
) |
|
|
|
|
| |
|
| Net loss |
(2,135,126 |
) |
(1,213,939 |
) |
| ( us-gaap:NetIncomeLoss
) |
|
|
|
|
| The
portion of profit or loss for the period, net of income taxes, which
is attributable to the parent. |
|
| Adjustments to
reconcile net loss to net cash used in operating activities: |
|
|
|
|
| (
us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract
) |
|
|
|
|
| |
|
| Cashless
compensation for advances |
105,751 |
|
— |
|
| (
us-gaap:IssuanceOfStockAndWarrantsForServicesOrClaims ) |
|
|
|
|
| Fair
value of share-based compensation granted to nonemployees as payment
for services rendered or acknowledged claims. |
|
| Discount
on loans from beneficial conversion feature |
25,107 |
|
— |
|
| (
custom:DiscountOnLoansFromBeneficialConversionFeature [Extension]
) |
|
|
|
|
| Amount
of noncash expense included in interest expense for discount on loan
from benefical conversion feature. |
|
| Impairment
of mineral properties |
1,394,852 |
|
— |
|
| (
us-gaap:ImpairmentOfOilAndGasProperties ) |
|
|
|
|
| The
expense recorded to reduce the value of oil and gas assets
consisting of proved properties and unproved properties as the
estimate of future successful production from these properties is
reduced. |
|
| Depreciation
expense |
10,115 |
|
27,737 |
|
| ( us-gaap:Depreciation
) |
|
|
|
|
| The
amount of expense recognized in the current period that reflects the
allocation of the cost of tangible assets over the assets' useful
lives. Includes production and non-production related
depreciation. |
|
| Gain
on sale of asset |
|
|
(5,698 |
) |
| (
us-gaap:GainLossOnSaleOfPropertyPlantEquipment ) |
|
|
|
|
| Amount
of gain (loss) on sale or disposal of property, plant and equipment
assets, including oil and gas property and timber property. |
|
| Stock
based compensation |
18,907 |
|
188,756 |
|
| (
us-gaap:ShareBasedCompensation ) |
|
|
|
|
| The
aggregate amount of noncash, equity-based employee remuneration.
This may include the value of stock or unit options, amortization of
restricted stock or units, and adjustment for officers'
compensation. As noncash, this element is an add back when
calculating net cash generated by operating activities using the
indirect method. |
|
| Changes
in current assets and liabilities: |
|
|
|
|
| (
us-gaap:IncreaseDecreaseInOperatingCapitalAbstract ) |
|
|
|
|
| |
|
| Deposits |
5,710 |
|
20,753 |
|
| (
us-gaap:IncreaseDecreaseInDepositOtherAssets ) |
|
|
|
|
| The
increase (decrease) during the reporting period in moneys or
securities given as security including, but not limited to,
contract, escrow, or earnest money deposits, retainage (if
applicable), deposits with clearing organizations and others,
collateral, or margin deposits. |
|
| Accounts
payable and accrued expenses |
400,935 |
|
135,075 |
|
| (
us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
) |
|
|
|
|
| The
increase (decrease) during the reporting period in the amounts
payable to vendors for goods and services received and the amount of
obligations and expenses incurred but not paid. |
|
| Accounts
payable related party |
— |
|
239,224 |
|
| (
us-gaap:IncreaseDecreaseInAccountsPayableRelatedParties ) |
|
|
|
|
| The
increase (decrease) during the reporting period in the obligations
due for goods and services provided by the following types of
related parties: a parent company and its subsidiaries, subsidiaries
of a common parent, an entity and trust for the benefit of
employees, such as pension and profit-sharing trusts that are
managed by or under the trusteeship of the entities' management, an
entity and its principal owners, management, or member of their
immediate families, affiliates, or other parties with the ability to
exert significant influence. |
|
| Net
cash used in operating activities |
(173,749 |
) |
(608,091 |
) |
| (
us-gaap:NetCashProvidedByUsedInOperatingActivities ) |
|
|
|
|
| Amount
of cash inflow (outflow) from operating activities, including
discontinued operations. Operating activity cash flows include
transactions, adjustments, and changes in value not defined as
investing or financing activities. |
|
| CASH FLOWS FROM INVESTING
ACTIVITIES |
|
|
|
|
| (
us-gaap:NetCashProvidedByUsedInInvestingActivitiesAbstract
) |
|
|
|
|
| |
|
| Proceeds
from sale of equipment |
|
|
9,776 |
|
| (
us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment ) |
|
|
|
|
| The
cash inflow from the sale of long-lived, physical assets that are
used in the normal conduct of business to produce goods and services
and not intended for resale. |
|
| Investment
in mineral properties |
|
|
(15,000 |
) |
| (
us-gaap:PaymentsToAcquireMiningAssets ) |
|
|
|
|
| The
cash outflow from the purchase of mining and mining related assets
during the period. |
|
| Net cash
used in investing activities |
|
|
(5,224 |
) |
| (
us-gaap:NetCashProvidedByUsedInInvestingActivities ) |
|
|
|
|
| Amount
of cash inflow (outflow) from investing activities, including
discontinued operations. Investing activity cash flows include
making and collecting loans and acquiring and disposing of debt or
equity instruments and property, plant, and equipment and other
productive assets. |
|
| CASH FLOWS FROM FINANCING
ACTIVITIES |
|
|
|
|
| (
us-gaap:NetCashProvidedByUsedInFinancingActivitiesAbstract
) |
|
|
|
|
| |
|
| Payment on
lease note payable |
|
|
(30,459 |
) |
| (
us-gaap:RepaymentsOfNotesPayable ) |
|
|
|
|
| The
cash outflow for a borrowing supported by a written promise to pay
an obligation. |
|
| Cash from
sale of common stock |
|
|
569,500 |
|
| (
us-gaap:ProceedsFromIssuanceOfCommonStock ) |
|
|
|
|
| The
cash inflow from the additional capital contribution to the
entity. |
|
| Proceeds
from loan payable |
169,665 |
|
76,500 |
|
| (
us-gaap:ProceedsFromOtherShortTermDebt ) |
|
|
|
|
| Amount
of cash inflow from short-term debt classified as other. |
|
| Net cash
provided by financing activities |
169,665 |
|
615,541 |
|
| (
us-gaap:NetCashProvidedByUsedInFinancingActivities ) |
|
|
|
|
| Amount
of cash inflow (outflow) from financing activities, including
discontinued operations. Financing activity cash flows include
obtaining resources from owners and providing them with a return on,
and a return of, their investment; borrowing money and repaying
amounts borrowed, or settling the obligation; and obtaining and
paying for other resources obtained from creditors on long-term
credit. |
|
| NET CHANGE IN CASH AND CASH
EQUIVALENTS |
(4,084 |
) |
2,226 |
|
| (
us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease ) |
|
|
|
|
| Amount
of increase (decrease) in cash and cash equivalents. Cash and cash
equivalents are the amount of currency on hand as well as demand
deposits with banks or financial institutions. Includes other kinds
of accounts that have the general characteristics of demand
deposits. Also includes short-term, highly liquid investments that
are both readily convertible to known amounts of cash and so near
their maturity that they present insignificant risk of changes in
value because of changes in interest rates. Includes effect from
exchange rate changes. |
|
| CASH AND CASH EQUIVALENTS, BEGINNING
OF PERIOD |
5,164 |
|
2,938 |
|
| (
us-gaap:CashAndCashEquivalentsAtCarryingValue ) |
|
|
|
|
| Amount
of currency on hand as well as demand deposits with banks or
financial institutions. Includes other kinds of accounts that have
the general characteristics of demand deposits. Also includes
short-term, highly liquid investments that are both readily
convertible to known amounts of cash and so near their maturity that
they present insignificant risk of changes in value because of
changes in interest rates. Excludes cash and cash equivalents within
disposal group and discontinued operation. |
|
| CASH AND CASH EQUIVALENTS, END OF
PERIOD |
1,080 |
|
5,164 |
|
| (
us-gaap:CashAndCashEquivalentsAtCarryingValue ) |
|
|
|
|
| Amount
of currency on hand as well as demand deposits with banks or
financial institutions. Includes other kinds of accounts that have
the general characteristics of demand deposits. Also includes
short-term, highly liquid investments that are both readily
convertible to known amounts of cash and so near their maturity that
they present insignificant risk of changes in value because of
changes in interest rates. Excludes cash and cash equivalents within
disposal group and discontinued operation. |
|
| |
|
|
|
|
| |
|
|
|
|
| |
|
| SUPPLEMENTAL INFORMATION |
|
|
|
|
| (
us-gaap:SupplementalCashFlowInformationAbstract ) |
|
|
|
|
| |
|
| Interest
paid |
|
|
|
|
| ( us-gaap:InterestPaid
) |
|
|
|
|
| The
amount of cash paid for interest during the period. |
|
| Taxes
paid |
|
|
|
|
| ( us-gaap:IncomeTaxesPaid
) |
|
|
|
|
| The
amount of cash paid during the current period to foreign, federal,
state, and local authorities as taxes on income. |
| |
| (End Statement - STATEMENTS OF CASH FLOWS) |
| |
| Statement - STATEMENTS OF SHAREHOLDERS'
EQUITY |
| Statement - STATEMENTS OF
SHAREHOLDERS' EQUITY (USD $) |
|
|
|
|
|
| (
us-gaap:StatementOfStockholdersEquityAbstract ) |
|
|
|
|
|
| |
|
| |
Preferred Stock |
Common Stock |
Additional Paid-in Capital |
Accumulated Deficit |
<Total> |
| (
us-gaap:StatementEquityComponentsAxis ) |
|
|
|
|
|
| Information
by component of equity. |
|
| |
|
|
|
|
|
| (
us-gaap:EquityComponentDomain ) |
|
|
|
|
|
| Components
of equity are the parts of the total Equity balance including that
which is allocated to common, preferred, treasury stock, retained
earnings, etc. |
|
| From Sep. 1, 2015 to Aug. 31,
2016 |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
| |
|
| Balance at beginning |
|
|
413,681 |
|
32,106,023 |
|
(31,282,918 |
) |
1,236,786 |
|
| ( us-gaap:StockholdersEquity
) |
|
|
|
|
|
|
|
|
|
|
| Total
of all stockholders' equity (deficit) items, net of receivables from
officers, directors, owners, and affiliates of the entity which are
attributable to the parent. The amount of the economic entity's
stockholders' equity attributable to the parent excludes the amount
of stockholders' equity which is allocable to that ownership
interest in subsidiary equity which is not attributable to the
parent (noncontrolling interest, minority interest). This excludes
temporary equity and is sometimes called permanent equity. |
|
| Balance at beginning, shares |
|
|
41,368,015 |
|
|
|
|
|
|
|
| ( us-gaap:SharesOutstanding
) |
|
|
|
|
|
|
|
|
|
|
| Number
of shares issued which are neither cancelled nor held in the
treasury. |
|
| Options issued to Officers and
Directors |
|
|
|
|
106,785 |
|
|
|
106,785 |
|
| (
us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
) |
|
|
|
|
|
|
|
|
|
|
| This
element represents the amount of recognized equity-based
compensation during the period, that is, the amount recognized as
expense in the income statement (or as asset if compensation is
capitalized). Alternate captions include the words "stock-based
compensation". |
|
| Options issued for services |
|
|
|
|
19,471 |
|
|
|
19,471 |
|
| (
us-gaap:AdjustmentsToAdditionalPaidInCapitalOther ) |
|
|
|
|
|
|
|
|
|
|
| Amount
of other increase (decrease) in additional paid in capital
(APIC). |
|
| Cashless compensation for
advances |
|
|
|
|
|
|
|
|
|
|
| (
custom:AdjustmentForCashlessCompensationForAdvances [Extension]
) |
|
|
|
|
|
|
|
|
|
|
| Amount
of other increase (decrease) in additional paid in capital (APIC)
for cashless compensation for advances. |
|
| Discount on notes payable from
beneficial conversion |
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
) |
|
|
|
|
|
|
|
|
|
|
| Amount
of increase (decrease) in additional paid in capital (APIC)
resulting from recognition of deferred taxes for convertible debt
with a beneficial conversion feature. |
|
| Common stock issued for services |
|
|
2,760 |
|
59,740 |
|
|
|
62,500 |
|
| (
us-gaap:StockIssuedDuringPeriodValueIssuedForServices ) |
|
|
|
|
|
|
|
|
|
|
| Value
of stock issued in lieu of cash for services contributed to the
entity. Value of the stock issued includes, but is not limited to,
services contributed by vendors and founders. |
|
| Common stock issued for services,
shares |
|
|
276,017 |
|
|
|
|
|
|
|
| (
us-gaap:StockIssuedDuringPeriodSharesIssuedForServices ) |
|
|
|
|
|
|
|
|
|
|
| Number
of shares issued in lieu of cash for services contributed to the
entity. Number of shares includes, but is not limited to, shares
issued for services contributed by vendors and founders. |
|
| Common stock issued for cash |
|
|
28,475 |
|
541,025 |
|
|
|
569,500 |
|
| (
us-gaap:StockIssuedDuringPeriodValueNewIssues ) |
|
|
|
|
|
|
|
|
|
|
| Equity
impact of the value of new stock issued during the period. Includes
shares issued in an initial public offering or a secondary public
offering. |
|
| Common stock issued for cash,
shares |
|
|
2,847,500 |
|
|
|
|
|
|
|
| (
us-gaap:StockIssuedDuringPeriodSharesNewIssues ) |
|
|
|
|
|
|
|
|
|
|
| Number
of new stock issued during the period. |
|
| Common stock issued for note
conversion |
|
|
4,500 |
|
85,500 |
|
|
|
90,000 |
|
| (
us-gaap:StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
) |
|
|
|
|
|
|
|
|
|
|
| The
gross value of stock issued during the period upon the conversion of
convertible securities. |
|
| Common stock issued for note
conversion, shares |
|
|
450,000 |
|
|
|
|
|
|
|
| (
us-gaap:StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
) |
|
|
|
|
|
|
|
|
|
|
| Number
of shares issued during the period as a result of the conversion of
convertible securities. |
|
| Net loss |
|
|
|
|
|
|
(1,213,939 |
) |
(1,213,939 |
) |
| ( us-gaap:NetIncomeLoss
) |
|
|
|
|
|
|
|
|
|
|
| The
portion of profit or loss for the period, net of income taxes, which
is attributable to the parent. |
|
| Balance at ending |
|
|
449,416 |
|
32,918,544 |
|
(32,496,857 |
) |
871,103 |
|
| ( us-gaap:StockholdersEquity
) |
|
|
|
|
|
|
|
|
|
|
| Total
of all stockholders' equity (deficit) items, net of receivables from
officers, directors, owners, and affiliates of the entity which are
attributable to the parent. The amount of the economic entity's
stockholders' equity attributable to the parent excludes the amount
of stockholders' equity which is allocable to that ownership
interest in subsidiary equity which is not attributable to the
parent (noncontrolling interest, minority interest). This excludes
temporary equity and is sometimes called permanent equity. |
|
| Balance at ending, shares |
|
|
44,941,532 |
|
|
|
|
|
|
|
| ( us-gaap:SharesOutstanding
) |
|
|
|
|
|
|
|
|
|
|
| Number
of shares issued which are neither cancelled nor held in the
treasury. |
|
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
| |
|
| From Sep. 1, 2016 to Aug. 31,
2017 |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
| |
|
| Balance at beginning |
|
|
449,416 |
|
32,918,544 |
|
(32,496,857 |
) |
871,103 |
|
| ( us-gaap:StockholdersEquity
) |
|
|
|
|
|
|
|
|
|
|
| Total
of all stockholders' equity (deficit) items, net of receivables from
officers, directors, owners, and affiliates of the entity which are
attributable to the parent. The amount of the economic entity's
stockholders' equity attributable to the parent excludes the amount
of stockholders' equity which is allocable to that ownership
interest in subsidiary equity which is not attributable to the
parent (noncontrolling interest, minority interest). This excludes
temporary equity and is sometimes called permanent equity. |
|
| Balance at beginning, shares |
|
|
44,941,532 |
|
|
|
|
|
|
|
| ( us-gaap:SharesOutstanding
) |
|
|
|
|
|
|
|
|
|
|
| Number
of shares issued which are neither cancelled nor held in the
treasury. |
|
| Options issued to Officers and
Directors |
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
) |
|
|
|
|
|
|
|
|
|
|
| This
element represents the amount of recognized equity-based
compensation during the period, that is, the amount recognized as
expense in the income statement (or as asset if compensation is
capitalized). Alternate captions include the words "stock-based
compensation". |
|
| Options issued for services |
|
|
|
|
18,907 |
|
|
|
18,907 |
|
| (
us-gaap:AdjustmentsToAdditionalPaidInCapitalOther ) |
|
|
|
|
|
|
|
|
|
|
| Amount
of other increase (decrease) in additional paid in capital
(APIC). |
|
| Cashless compensation for
advances |
|
|
|
|
105,751 |
|
|
|
105,751 |
|
| (
custom:AdjustmentForCashlessCompensationForAdvances [Extension]
) |
|
|
|
|
|
|
|
|
|
|
| Amount
of other increase (decrease) in additional paid in capital (APIC)
for cashless compensation for advances. |
|
| Discount on notes payable from
beneficial conversion |
|
|
|
|
25,107 |
|
|
|
25,107 |
|
| (
us-gaap:AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
) |
|
|
|
|
|
|
|
|
|
|
| Amount
of increase (decrease) in additional paid in capital (APIC)
resulting from recognition of deferred taxes for convertible debt
with a beneficial conversion feature. |
|
| Common stock issued for services |
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:StockIssuedDuringPeriodValueIssuedForServices ) |
|
|
|
|
|
|
|
|
|
|
| Value
of stock issued in lieu of cash for services contributed to the
entity. Value of the stock issued includes, but is not limited to,
services contributed by vendors and founders. |
|
| Common stock issued for services,
shares |
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:StockIssuedDuringPeriodSharesIssuedForServices ) |
|
|
|
|
|
|
|
|
|
|
| Number
of shares issued in lieu of cash for services contributed to the
entity. Number of shares includes, but is not limited to, shares
issued for services contributed by vendors and founders. |
|
| Common stock issued for cash |
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:StockIssuedDuringPeriodValueNewIssues ) |
|
|
|
|
|
|
|
|
|
|
| Equity
impact of the value of new stock issued during the period. Includes
shares issued in an initial public offering or a secondary public
offering. |
|
| Common stock issued for cash,
shares |
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:StockIssuedDuringPeriodSharesNewIssues ) |
|
|
|
|
|
|
|
|
|
|
| Number
of new stock issued during the period. |
|
| Common stock issued for note
conversion |
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
) |
|
|
|
|
|
|
|
|
|
|
| The
gross value of stock issued during the period upon the conversion of
convertible securities. |
|
| Common stock issued for note
conversion, shares |
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
) |
|
|
|
|
|
|
|
|
|
|
| Number
of shares issued during the period as a result of the conversion of
convertible securities. |
|
| Net loss |
|
|
|
|
|
|
(2,135,126 |
) |
(2,135,126 |
) |
| ( us-gaap:NetIncomeLoss
) |
|
|
|
|
|
|
|
|
|
|
| The
portion of profit or loss for the period, net of income taxes, which
is attributable to the parent. |
|
| Balance at ending |
|
|
449,416 |
|
33,068,309 |
|
(34,631,983 |
) |
(1,114,258 |
) |
| ( us-gaap:StockholdersEquity
) |
|
|
|
|
|
|
|
|
|
|
| Total
of all stockholders' equity (deficit) items, net of receivables from
officers, directors, owners, and affiliates of the entity which are
attributable to the parent. The amount of the economic entity's
stockholders' equity attributable to the parent excludes the amount
of stockholders' equity which is allocable to that ownership
interest in subsidiary equity which is not attributable to the
parent (noncontrolling interest, minority interest). This excludes
temporary equity and is sometimes called permanent equity. |
|
| Balance at ending, shares |
|
|
44,941,532 |
|
|
|
|
|
|
|
| ( us-gaap:SharesOutstanding
) |
|
|
|
|
|
|
|
|
|
|
| Number
of shares issued which are neither cancelled nor held in the
treasury. |
| |
| (End Statement - STATEMENTS OF SHAREHOLDERS'
EQUITY) |
| |
| Disclosure - ORGANIZATION AND NATURE OF
BUSINESS |
| Disclosure - ORGANIZATION AND NATURE
OF BUSINESS (USD $) |
12 Months Ended |
| (
us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
) |
|
| |
|
| |
Aug. 31, 2017 |
| |
|
| |
|
| |
|
| |
|
| |
|
| ORGANIZATION AND NATURE OF
BUSINESS |
NOTE 1 –
ORGANIZATION AND NATURE OF BUSINESS
Texas Rare Earth
Resources Corp (the “Company”) was incorporated in the State of
Nevada in 1970. In July 2004, our articles of incorporation were
amended and restated to increase the authorized capital to
25,000,000 common shares and, in April 2007, we effected a 1 for 2
reverse stock split. In September 2008, our articles of
incorporation were further amended and restated to increase the
authorized capital to 100,000,000 common shares with a par value of
$0.01 per share and to authorize 10,000,000 preferred shares with a
par value of $0.001 per share. Our fiscal year-end is August
31.
Effective September
1, 2010, we changed our name from “Standard Silver Corporation” to
“Texas Rare Earth Resources Corp.” We are now a mining company
engaged in the business of the acquisition and development of
mineral properties. As of the date of this filing, we hold two
nineteen year leases, executed in September and November of 2011, to
explore and develop a 950 acre rare earths project located in
Hudspeth County, Texas known as the Round Top Project and
prospecting permits covering an adjacent 9,345 acres. We also own
unpatented mining claims in New Mexico. We are currently not
evaluating any additional prospects, and intend to focus primarily
on the development of our Round Top rare earth prospect.
On August 24, 2012,
we changed our state of incorporation from the State of Nevada to
the State of Delaware (the “Reincorporation”) pursuant to a plan of
conversion dated August 24, 2012. The Reincorporation was previously
submitted to a vote of, and approved by, our stockholders at a
special meeting of the stockholders held on April 25,
2012.
On March 14, 2016,
the Company filed a Certificate of Amendment with the Secretary of
State of the State of Delaware to amend its Certificate of
Incorporation to change the name of the Company from “Texas Rare
Earth Resources Corp” to “Texas Mineral Resources Corp”. The
amendment was effective on March 21, 2016. The Certificate of
Amendment did not make any other amendments to the Company’s
Certificate of Incorporation.
The financial
statements have been prepared on a going concern basis which assumes
the Company will be able to realize its assets and discharge its
liabilities in the normal course of business for the foreseeable
future. The Company has incurred losses since inception resulting in
an accumulated deficit of approximately $34.6 million as of August
31, 2017 and further losses are anticipated in the development of
its business raising substantial doubt about the Company’s ability
to continue as a going concern. The ability to continue as a going
concern is dependent upon the Company generating profitable
operations in the future and/or to obtain the necessary financing to
meet its obligations and repay its liabilities arising from normal
business operations when they come due. Management intends to
finance operating costs over the next twelve months with existing
cash on hand and loans from directors and or private placement of
common stock.
|
|
| (
us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock
) |
|
|
| The
entire disclosure for organization, consolidation and basis of
presentation of financial statements disclosure. |
| |
| (End Disclosure - ORGANIZATION AND NATURE OF
BUSINESS) |
| |
| Disclosure - SUMMARY OF ACCOUNTING
POLICIES |
| Disclosure - SUMMARY OF ACCOUNTING
POLICIES (USD $) |
12
Months Ended |
| ( AccountingPoliciesAbstract
) |
|
| |
|
| |
Aug. 31, 2017 |
| |
|
| |
|
| |
|
| |
|
| |
|
| SUMMARY OF ACCOUNTING POLICIES |
NOTE 2 – SUMMARY
OF ACCOUNTING POLICIES
Basis of
Presentation
Our financial
records are maintained on the accrual basis of accounting whereby
revenues are recognized when earned and expenses are recorded when
incurred, in accordance with generally accepted accounting
principles (“GAAP”) – United States.
Reclassification of
prior year balances
Our financial
statements during the year ended August 31, 2016 contain amounts
that have been reclassified for presentation purposes. The amounts
and content of account balances were not altered during the
reclassification.
Cash and Cash
Equivalents
We consider all
highly liquid investments with an original maturity of three months
or less when purchased to be cash equivalents. Cash and cash
equivalents consist of demand deposits at commercial banks. We
currently do not have cash deposits at financial institutions in
excess of federally insured limits.
Property and
Equipment
Our property and
equipment consists primarily of vehicles, furniture and equipment,
and are recorded at cost. Expenditures related to acquiring or
extending the useful life of our property and equipment are
capitalized. Expenditures for repair and maintenance are charged to
operations as incurred. Depreciation is computed using the
straight-line method over an estimated useful life of 3-20
years.
Lease
Deposits
From time to time,
the Company makes deposits in anticipation of executing leases. The
deposits are capitalized upon execution of the applicable
agreements.
Long-lived
Assets
The Company reviews
the recoverability of long-lived assets whenever events or changes
in circumstances indicate that the carrying amount of an asset may
not be recoverable through operations. To determine if these costs
are in excess of their recoverable amount, periodic evaluation of
carrying value of capitalized costs and any related property and
equipment costs are based upon expected future cash flows and/or
estimated salvage value in accordance with Financial Accounting
Standards Board (“FASB”) Accounting Standards Codification (“ASC
360”), Property, Plant and Equipment. The Company’s assets
susceptible to impairment analysis are the mineral properties
described in footnote 4.
Revenue
Recognition
We recognize
revenue when persuasive evidence of an arrangement exists, services
have been performed, the sales price is fixed or determinable, and
collectability is probable. We have yet to generate any
revenue.
Mineral Exploration
and Development Costs
All exploration
expenditures are expensed as incurred. Costs of acquisition and
option costs of mineral rights are capitalized upon acquisition.
Costs incurred to maintain current production or to maintain assets
on a standby basis are charged to operations. If the Company does
not continue with exploration after the completion of the
feasibility study, the mineral rights will be expensed at that time.
Costs of abandoned projects are charged to mining costs including
related property and equipment costs. To determine if these costs
are in excess of their recoverable amount, periodic evaluation of
carrying value of capitalized costs and any related property and
equipment costs are based upon expected future cash flows and/or
estimated salvage value in accordance with ASC 360-10-35-15,
Impairment or Disposal of Long-Lived Assets. Exploration
costs were approximately $90,000 and $216,000 for the years ended
August 31, 2017 and 2016, respectively.
Share-based
Payments
The Company
estimates the fair value of share-based compensation using the
Black-Scholes valuation model, in accordance with the provisions of
ASC 718, Stock Compensation and ASC 505, Share-Based
Payments. Key inputs and assumptions used to estimate the fair
value of stock options include the grant price of the award, the
expected option term, volatility of our stock, the risk-free rate,
and dividend yield. Estimates of fair value are not intended to
predict actual future events or the value ultimately realized by the
option holders, and subsequent events are not indicative of the
reasonableness of the original estimates of fair value made by the
Company.
Amended 2008 Stock
Option Plan
In September 2008,
the Board adopted our 2008 Stock Option Plan (the “2008 Plan”),
which was also approved by our shareholders in September 2008. In
May 2011, the board of directors adopted an amendment to our 2008
Plan (the “Amended 2008 Plan”), which was also approved by our
shareholders in August 2011. The Amended 2008 Plan increased the
number of shares available for grant from 2,000,000 to up to
5,000,000 shares of our common stock for awards to our officers,
directors, employees and consultants. On February 15, 2012, our
stockholders approved an increase of 2,000,000 of shares of common
stock available for issuance under the amended 2008 Stock Option
Plan (the “Plan”). As amended, the Plan provides for 7,000,000
shares of common stock for all awards. On February 24, 2016, the
stockholders of the Company approved an amendment to the Company’s
2008 Stock Option Plan, pursuant to which the number of shares
available under the plan was increase from 7,000,000 to 9,000,000
shares of common stock. Other provisions of the Amended 2008 Plan
remain the same as under our 2008 Plan. As of August 31, 2017, a
total of 3,780,000 shares of our common stock remained available for
future grants under the Amended 2008 Plan.
Income
Taxes
Income taxes are
computed using the asset and liability method, in accordance with
ASC 740, Income Taxes. Under the asset and liability method,
deferred income tax assets and liabilities are determined based on
the differences between the financial reporting and tax bases of
assets and liabilities, and are measured using the currently enacted
tax rates and laws. A valuation allowance is provided for the amount
of deferred tax assets that, based on available evidence, are not
expected to be realized.
Basic and Diluted
Loss Per Share
The Company
computes loss per share in accordance with ASC 260, Earnings Per
Share, which requires presentation of both basic and diluted
earnings per share on the face of the Statements of Operations.
Basic loss per share is computed by dividing net loss available to
common shareholders by the weighted average number of outstanding
common shares during the period. Diluted loss per share gives effect
to all dilutive potential common shares outstanding during the
period, including stock options and warrants using the treasury
method. Dilutive loss per share excludes all potential common shares
if their effect is anti-dilutive.
Use of
Estimates
The preparation of
financial statements in conformity with accounting principles
generally accepted in the United States of America requires
management to make estimates and assumptions that affect the
reported amounts of assets and liabilities at the date of the
financial statements and the reported amounts of revenues and
expenses during the reporting period. Actual results could differ
from those estimates. Management believes that these financial
statements include all normal and recurring adjustments necessary
for a fair presentation under Generally Accepted Accounting
Principles.
Fair Value
Measurements
We account for
assets and liabilities measured at fair value in accordance with ASC
820, Fair Value Measurements and Disclosures. ASC 820
emphasizes that fair value is a market-based measurement, not an
entity-specific measurement. Therefore, a fair value measurement
should be determined based on the assumptions that market
participants would use in pricing the asset or liability. As a basis
for considering market participant assumptions in fair value
measurements, ASC 820 establishes a fair value hierarchy that
distinguishes between market participant assumptions based on market
data obtained from sources independent of the reporting entity
(observable inputs that are classified with Levels 1 and 2 of the
hierarchy) and the reporting entity’s own assumptions about market
participant assumptions (unobservable inputs classified within Level
3 of the hierarchy).The three levels of inputs used to measure fair
value are as follows:
| |
● |
Level 1:
Observable inputs that reflect unadjusted quoted prices for
identical assets or liabilities traded in active
markets. |
| |
● |
Level 2:
Inputs other than quoted prices included within Level 1 that
are observable for the asset or liability, either directly or
indirectly. |
| |
● |
Level 3:
Inputs that are generally unobservable. These inputs may be
used with internally developed methodologies that result in
management’s best estimate of fair
value. |
Our financial
instruments consist principally of cash, accounts payable and
accrued liabilities and note payable. The carrying amounts of such
financial instruments in the accompanying financial statements
approximate their fair values due to their relatively short-term
nature. It is management’s opinion that the Company is not exposed
to any significant currency or credit risks arising from these
financial instruments.
Recent Accounting
Pronouncements
Pronouncements
between August 31, 2017 and the date of this filing are not expected
to have a significant impact on our operations, financial position,
or cash flow, nor does the Company expect the adoption of recently
issued, but not yet effective, accounting pronouncements to have a
significant impact on our results of operations, financial position
or cash flows.
Joint
Venture
On July 15, 2015,
we entered into an operating agreement (“Operating Agreement”) with
K-Tech, to formalize our joint venture company, Reetech, LLC, a
Delaware limited liability company (the “Reetech”), for the purposes
of developing, refining and marketing K-Tech’s CIX/CIC process
pursuant to the February 24, 2015 letter of intent with K-Tech.
Pursuant to the Operating Agreement, K-Tech holds an initial
interest of 97.21% of Reetech for the contribution of its technology
pursuant to a license to Reetech (the “Reetech License) and TMRC
holds an initial interest of 2.79% pursuant to its contribution of
cash payment of $391,000 to the prior development of the contributed
Technology for the purposes of the joint venture. TMRC has the
ability to earn a 49.9% interest in Reetech by contributing up to
$7.0 million in cash contributions upon the satisfaction of certain
development milestones. Reetech is governed by a board of managers
comprised of three managers: one manager appointed by the Company
and two managers appointed by K-Tech.
The Company uses
the cost method to account for its investment in the joint venture.
Under the cost method, the Company recognizes its share of the
earnings and losses of the joint venture as they accrue instead of
when they are realized. We have elected to expense the initial
investment amount of $391,000 as exploration expenses. Based upon
information available we have determined there are no significant
potential loss liabilities. The Company’s interest in the joint
venture remains $0. |
|
| (
us-gaap:SignificantAccountingPoliciesTextBlock ) |
|
|
| The
entire disclosure for all significant accounting policies of the
reporting entity. |
| |
| (End Disclosure - SUMMARY OF ACCOUNTING
POLICIES) |
| |
| Disclosure - PROPERTY AND EQUIPMENT,
NET |
| Disclosure - PROPERTY AND EQUIPMENT,
NET (USD $) |
12 Months Ended |
| (
us-gaap:PropertyPlantAndEquipmentAbstract ) |
|
| |
|
| |
Aug. 31, 2017 |
| |
|
| |
|
| |
|
| |
|
| |
|
| PROPERTY AND EQUIPMENT, NET |
NOTE 3 –
PROPERTY AND EQUIPMENT, NET
Property and
equipment consist of office furniture, equipment and vehicles. The
property and equipment are depreciated using the straight-line
method over their estimated useful life of 3-20 years. Our property
and equipment, net consist of the following:
| |
|
August 31,
2017 |
|
|
August 31,
2016 |
|
| Furniture
& office equipment |
|
$ |
75,606 |
|
|
$ |
75,606 |
|
| Vehicles |
|
|
89,185 |
|
|
|
89,185 |
|
| Computers
& software |
|
|
48,711 |
|
|
|
48,711 |
|
| Field
equipment |
|
|
71,396 |
|
|
|
71,396 |
|
| Total
cost basis |
|
|
284,898 |
|
|
|
284,898 |
|
| Less:
Accumulated depreciation |
|
|
(279,477 |
) |
|
|
(269,362 |
) |
| Property
& equipment, net |
|
$ |
5,421 |
|
|
$ |
15,536 |
|
Depreciation
expense for the years ending August 31, 2017 and 2016 was $10,115
and $27,737, respectively and is included in general and
administrative expenses.
|
|
| (
us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock ) |
|
|
| The
entire disclosure for long-lived, physical assets used in the normal
conduct of business and not intended for resale. Includes, but is
not limited to, accounting policies and methodology, roll forwards,
depreciation, depletion and amortization expense, including
composite depreciation, accumulated depreciation, depletion and
amortization expense, useful lives and method used, income statement
disclosures, assets held for sale and public utility disclosures. |
| |
| (End Disclosure - PROPERTY AND EQUIPMENT,
NET) |
| |
| Disclosure - MINERAL PROPERTIES |
| Disclosure - MINERAL PROPERTIES (USD
$) |
12 Months Ended |
| (
us-gaap:MineralIndustriesDisclosuresAbstract ) |
|
| |
|
| |
Aug. 31, 2017 |
| |
|
| |
|
| |
|
| |
|
| |
|
| MINERAL PROPERTIES |
NOTE 4 – MINERAL
PROPERTIES
September 2011
Lease
On September 2,
2011, we entered into a new mining lease with the Texas General Land
Office covering Sections 7 and 18 of Township 7, Block 71 and
Section 12 of Block 72, covering approximately 860 acres at Round
Top Mountain in Hudspeth County, Texas. The mining lease issued by
the Texas General Land Office gives us the right to explore,
produce, develop, mine, extract, mill, remove, and market beryllium,
uranium, rare earth elements, all other base and precious metals,
industrial minerals and construction materials and all other
minerals excluding oil, gas, coal, lignite, sulfur, salt, and
potash. The term of the lease is nineteen years so long as minerals
are produced in paying quantities.
Under the lease, we
will pay the State of Texas a lease bonus of $142,518; $44,718 of
which was paid upon the execution of the lease, and $97,800 which
will be due when we submit a supplemental plan of operations to
conduct mining. Upon the sale of minerals removed from Round Top, we
will pay the State of Texas a $500,000 minimum advance
royalty.
Thereafter, we will
pay the State of Texas a production royalty equal to eight percent
(8%) of the market value of uranium and other fissionable materials
removed and sold from Round Top and six and one quarter percent
(61/4%) of the market value of all other minerals removed and sold
from Round Top.
Thereafter,
assuming production of paying quantities has not been obtained, we
may pay additional delay rental fees to extend the term of the lease
for successive one (1) year periods pursuant to the following
schedule:
| |
|
|
Per
Acre
Amount |
|
|
Total
Amount |
|
| September 2,
2015 – 2019 |
|
|
$ |
75 |
|
|
$ |
67,077 |
|
| September 2,
2020 – 2024 |
|
|
$ |
150 |
|
|
$ |
134,155 |
|
| September 2,
2025 – 2029 |
|
|
$ |
200 |
|
|
$ |
178,873 |
|
In August 2017, we
paid a delay rental to the State of Texas in the amount of
$67,077.
November 2011
Lease
On November 1,
2011, we entered into a mining lease with the State of Texas
covering 90 acres, more or less, of land that is adjacent to the
land we purchased in September 2011 near our Round Top site. The
deed was recorded with Hudspeth County on September 16, 2011. Under
the lease, we paid the State of Texas a lease bonus of $20,700 which
was paid upon the execution of the lease. Upon the sale of minerals
removed from Round Top, we will pay the State of Texas a $50,000
minimum advance royalty. Thereafter, we will pay the State of Texas
a production royalty equal to eight percent (8%) of the market value
of uranium and other fissionable materials removed and sold from
Round Top and six and one quarter percent (6 1/4%) of the market
value of all other minerals sold from Round Top.
Thereafter,
assuming production of paying quantities has not been obtained, we
may pay additional delay rental fees to extend the term of the lease
for successive one (1) year periods pursuant to the following
schedule:
| |
|
|
Per
Acre
Amount |
|
|
Total
Amount |
|
| November 1,
2015 – 2019 |
|
|
$ |
75 |
|
|
$ |
6,750 |
|
| November 1,
2020 – 2024 |
|
|
$ |
150 |
|
|
$ |
13,500 |
|
| November 1,
2025 – 2029 |
|
|
$ |
200 |
|
|
$ |
18,000 |
|
In October 2017, we
paid a delay rental to the State of Texas of $6,750.
March 2013
Lease
On March 6, 2013,
we purchased lease with Southwest Range & Wildlife Foundation,
Inc., a Texas non-profit corporation (the “Foundation”), pursuant to
which the Foundation agreed to assign to us a surface lease
identified with the State of Texas as Surface Lease SL20040002 (the
“West Lease”), which covers 54,990.11 acres in Hudspeth County,
Texas. In exchange for the West Lease, we agreed to: (i) pay the
Foundation $500,000 in cash; (ii) issue 1,063,830 of our common
shares, par value $0.01 (the “Common Shares”); and (iii) make ten
(10) payments to the Foundation of $45,000 each. The first payment
was made in June 2013, and the nine (9) subsequent payments due on
or before June 1 of each of the following years, such payments to be
used by the Foundation to support conservation efforts within the
Rio Grande Basin. The Lease Assignment Agreement contains standard
representations, warranties and covenants.
As
of August 31, 2017, the Company has not paid the June 2016 or 2017
payments for $45,000, respectively. The Foundation has not given
notice of default or made any demand for payment as of the date of
this filing. However, based upon the Company being in default on the
lease agreement there is no guarantee that the Foundation will allow
the Company to begin mining operations or to bring the lease
payments current without requiring the Company to provided
additional consideration to the Foundation. Consequently, since the
Company cannot be guaranteed the ability to utilize the lease due to
its current default status, the Company has written off the value of
the West lease ($1,394,852) as of August 31, 2017. The Company
intends to continue with the evaluation of the mineral potential of
the property, to ultimately mine the property, and to bring the
lease current when funds are available. Expensing the value of the
West Lease does not restrict our access to the mineral leases.
October 2014
Surface Option
In October 2014, we
executed an agreement with the Texas General Land Office securing
the option to purchase the surface rights covering the potential
Round Top project mine and plant areas, and separately a lease to
develop the water necessary for the potential Round Top project mine
operations.
The option to
purchase the surface rights covers approximately 5,670 acres over
the mining lease and the additional acreage adequate to site all
potential heap leaching and processing operations as currently
anticipated by the Company. We may exercise the option for all or
part of the option acreage at any time during the sixteen year
primary term of the mineral lease. The option can be kept current by
an annual payment of $10,000, which has not been paid as of December
11, 2017. The purchase price will be the appraised value of the
surface at the time of exercising the option.
The ground water
lease secures our right to develop the ground water within a 13,120
acre lease area located approximately 4 miles from the Round Top
deposit. The lease area contains five existing water wells. It is
anticipated that all potential water needs for the Round Top project
mine operations would be satisfied by the existing wells covered by
this water lease. This lease has an annual minimum production
payment of $5,000 prior to production of water for the operation,
which has not been paid as of December 11, 2017. After initiation of
production we will pay $0.95 per thousand gallons or $20,000
annually, whichever is greater. This lease remains effective as long
as the mineral lease is in effect.
The Pagnotti
Enterprises Inc. Memorandum of Understanding
On June 28, 2016
TMRC executed a Memorandum of understanding with Pagnotti
Enterprises Inc. (“PEI”) of Wilkes Barre, Pennsylvania, owners of
the Jeddo Coal Co., whereby under specified terms TMRC could lease
one or more of Jeddo’s deposits located in the anthracite region of
northeast Pennsylvania. Research by the Department of Energy (DOE)
has shown that these coal deposits and the sandstones and siltstones
immediately associated with them contain anomalously high values of
rare earth and on particular interest, Scandium. The DOE research to
date has indicated that the rare earth can be efficiently extracted
from pulverized rock using ammonium sulfate as the lixiviant. TMRC
is in the process of preparing an application for a federal grant to
design and construct a continuous ion exchange/continuous ion
chromatography (CIX/CIC) pilot plant to be delivered to a designated
project area in the Appalachian coal province. TMRC and its
co-applicants, K-Tech, Inventure Renewables, of Tuscaloosa, Alabama
and Penn State University are proposing to plan, develop, design and
install the CIX/CIC pilot plant at one of the Jeddo Coal properties.
The grant was awarded in March 2017 to the consortium consisting of
Inventure Renewables, Penn State, K-Tech and TMRC with Inventure
being the principal investigator in the consortium. Funding began in
September 2017.
Under
the terms of the Memorandum of Understanding (MOU) signed 28 June
2016, TMRC had a six month term to perform the necessary due
diligence and to technically and economically evaluate the
properties. Upon execution of the MOU TMRC and PEI had six months to
draft and execute a formal lease agreement containing all the
standard terms of mining lease agreements. Upon execution of a
lease, TMRC will be obligated to pay a $5,000 per month rental or a
12% royalty whichever is greater. As of the date of this filing, no
lease has been executed. |
|
| (
us-gaap:MineralIndustriesDisclosuresTextBlock ) |
|
|
| The
entire disclosure for mineral industries. |
| |
| (End Disclosure - MINERAL PROPERTIES) |
| |
| Disclosure - NOTES PAYABLE |
| Disclosure - NOTES PAYABLE (USD $) |
12 Months Ended |
| (
us-gaap:DebtDisclosureAbstract ) |
|
| |
|
| |
Aug. 31, 2017 |
| |
|
| |
|
| |
|
| |
|
| |
|
| NOTES PAYABLE |
NOTE 5 – NOTES
PAYABLE
In relation to the
Foundation lease discussed in Note 2 the Company recorded a note
payable for an amount for the initial $45,000 due upon signing of
lease and the nine (9) future payments due of $45,000 which has been
recorded at its present value discounted with an imputed interest
rate of 5% for a total note payable of $364,852. As of the date of
this filing, we have not paid the June 2016 or 2017 installment of
our surface lease, in the amount of $45,000 each, to the Southwest
Wildlife Foundation. As a result the full amount of the note payable
has been classified as currently due. The note payable balance as of
August 31, 2017 and 2016 was approximately $260,000. The Company has
also accrued interest expense as of August 31, 2017 and 2016 of
$33,750 and $18,750, respectively. This unpaid interest is included
in accrued liabilities.
The Foundation has
not given notice of default or made any demand for payment as of the
date of this filing. However, based upon the Company being in
default on the Note Payable there is no guarantee that the
Foundation will allow the Company to begin mining operations or to
bring the lease payments current without requiring the Company to
provided additional consideration to the Foundation. Consequently,
since the Company cannot be guaranteed the ability to utilize the
lease due to its current default status, the Company has written off
the value of this lease ($1,394,852) as of August 31, 2017. The
Company intends to continue with the evaluation of the mineral
potential of the property, to ultimately mine the property, and to
bring this note payable and its accrued interest current when the
funds are available.
Related Party
Notes Payable and Advances
On July 1, 2016 the
Company received two loans for $2,500 each from two directors of the
Company. The loans are non-interest accruing, unsecured and due upon
demand. As additional consideration for the loans, we issued 5,000
common stock purchase warrants to each individual. The warrants have
an exercise price of $0.10 and term of five years. The warrants had
a fair value of $1,185 at the date of issuance determined using the
Black-Scholes option-pricing model. The assumptions used to
calculate the fair market value are as follows: (i) risk-free
interest rate of 1.00% (ii) estimated volatility of 185% (iii)
dividend yield of 0.00% and (iv) expected life of the warrants of
five years. The notes payable balance as of August 31, 2017 and
August 31, 2016 was a total of $5,000. The value of the warrants was
expensed as interest expense at the time of issuance due to no
stated term on the advances.
On September 1,
2016, the Company entered into five loans totaling $71,500 from five
directors of the Company. The loans were due March 1, 2017, are
non-interest bearing, and unsecured. As of this filing the loans are
in default and due upon demand. As additional consideration for the
loans, we issued in total 147,000 common stock purchase warrants.
The warrants have an exercise price of $0.10 and term of five years.
The loans have a relative fair value of $57,414 and the warrants
have a relative fair value of $14,086 at the date of issuance
determined using the Black-Scholes option-pricing model. The
assumptions used to calculate the fair market value are as follows:
(i) risk-free interest rate of 1.180% (ii) estimated volatility of
245% (iii) dividend yield of 0.00% and (iv) expected life of the
warrants of five years. The notes payable balance as of August 31,
2017 and August 31, 2016 was $71,500. The value of the warrant was
amortized to interest expense over the term of the note
payable.
On November 1, 2016
the Company entered into two loans for $4,000 and $1,000 from two
directors of the Company. The loans are non-interest bearing,
unsecured and due upon demand. As additional consideration for the
loans, we issued 8,000 and 2,000 common stock purchase warrants to
each individual. The warrants have an exercise price of $0.10 and
term of five years. The warrants had a fair value of $1,057 at the
date of issuance determined using the Black-Scholes option-pricing
model. The assumptions used to calculate the fair market value are
as follows: (i) risk-free interest rate of 1.30% (ii) estimated
volatility of 181% (iii) dividend yield of 0.00% and (iv) expected
life of the warrants of five years. The notes payable balance as of
August 31, 2017 was $5,000. The value of the warrants was expensed
as interest expense at the time of issuance due to no stated term on
the advance.
On December 12,
2016, the Company entered into a loan for $15,000 a director of the
Company. The loan is due June 12, 2017, is non-interest accruing,
and unsecured. As of this filing the loan is in default and due upon
demand. As additional consideration for the loan, we issued 60,000
common stock purchase warrants to the individual. The warrants have
an exercise price of $0.10 and term of five years. The loan has a
relative fair value of $10,437 and the warrants have a relative fair
value of $4,563 at the date of issuance determined using the
Black-Scholes option-pricing model. The assumptions used to
calculate the fair market value are as follows: (i) risk-free
interest rate of 1.90% (ii) estimated volatility of 241% (iii)
dividend yield of 0.00% and (iv) expected life of the warrants of
five years. The notes payable balance as of August 31, 2017 was
$15,000. The value of the warrant was amortized to interest expense
over the term of the note payable.
On January 12, 2017
the Company entered into two loans totaling $20,000 from a director
and an officer of the Company. The loans are due July 12, 2017, are
non-interest accruing, and unsecured. As of this filing the loans
are in default and due upon demand. As additional consideration for
the loans, we issued 40,000 common stock purchase warrants to each
individual. The warrants have an exercise price of $0.10 and term of
five years. The loans have a relative fair value of $13,542 and the
warrants have a relative fair value of $6,458 at the date of
issuance determined using the Black-Scholes option-pricing model.
The assumptions used to calculate the fair market value are as
follows: (i) risk-free interest rate of 1.87% (ii) estimated
volatility of 240% (iii) dividend yield of 0.00% and (iv) expected
life of the warrants of five years. The notes payable balance as of
August 31, 2017 was $20,000. The value of the warrant was amortized
to interest expense over the term of the note payable.
During the three
months ended May 31, 2017 the Company entered into eight loans
totaling $47,500 from two directors of the Company. The loans are
non-interest accruing, unsecured and due upon demand. As additional
consideration for the loans, we issued in total 190,000 common stock
purchase warrants. The warrants have an exercise price of $0.17 -
$0.21 and a term of five years. The warrants had a fair value of
$39,557 at the date of issuance determined using the Black-Scholes
option-pricing model. The assumptions used to calculate the fair
market value are as follows: (i) risk-free interest rate of 1.75%
(ii) estimated volatility of 234% (iii) dividend yield of 0.00% and
(iv) expected life of the warrants of five years. The notes payable
balance as of August 31, 2017 was $47,500. The value of the warrants
was expensed as interest expense at the time of issuance due to no
stated term on the advance.
During the three
months ended August 31, 2017 the Company entered into seven loans
totaling $82,165 from two directors of the Company. The loans are
non-interest accruing, unsecured and due upon demand. As additional
consideration for the loans, we issued in total 328,660 common stock
purchase warrants. The warrants have an exercise price of $0.20 -
$0.23 and a term of five years. The warrants have a fair value of
$65,137 at the date of issuance determined using the Black-Scholes
option-pricing model. The assumptions used to calculate the fair
market value are as follows: (i) risk-free interest rate of 1.75%
(ii) estimated volatility of 169% (iii) dividend yield of 0.00% and
(iv) expected life of the warrants of five years. The notes payable
balance as of August 31, 2017 was $82,165. The value of the warrants
was expensed as interest expense at the time of issuance due to no
stated term on the advance.
The Company has
recorded total discounts on the notes payable in the amount of
$25,107 which has been expensed during the year ended August 31,
2017, as amortization of discounts on the notes
payable. |
|
| (
us-gaap:DebtDisclosureTextBlock ) |
|
|
| The
entire disclosure for information about short-term and long-term
debt arrangements, which includes amounts of borrowings under each
line of credit, note payable, commercial paper issue, bonds
indenture, debenture issue, own-share lending arrangements and any
other contractual agreement to repay funds, and about the underlying
arrangements, rationale for a classification as long-term, including
repayment terms, interest rates, collateral provided, restrictions
on use of assets and activities, whether or not in compliance with
debt covenants, and other matters important to users of the
financial statements, such as the effects of refinancing and
noncompliance with debt covenants. |
| |
| (End Disclosure - NOTES PAYABLE) |
| |
| Disclosure - INCOME TAXES |
| Disclosure - INCOME TAXES (USD $) |
12 Months Ended |
| (
us-gaap:IncomeTaxDisclosureAbstract ) |
|
| |
|
| |
Aug. 31, 2017 |
| |
|
| |
|
| |
|
| |
|
| |
|
| INCOME TAXES |
NOTE 6 – INCOME
TAXES
The following table
sets forth a reconciliation of the federal income tax benefit to the
United States federal statutory rate for the years ended August 31,
2017 and 2016:
| |
|
2017 |
|
|
2016 |
|
| Loss before
provision for income taxes |
|
$ |
(2,135,126 |
) |
|
$ |
(1,213,939 |
) |
| |
|
|
|
|
|
|
|
|
| Income tax
benefit at 34% statutory rate |
|
|
725,943 |
|
|
|
412,739 |
|
| |
|
|
|
|
|
|
|
|
| Non-deductible
business meals and entertainment |
|
|
(193 |
) |
|
|
(206 |
) |
| |
|
|
|
|
|
|
|
|
| Increase in
valuation allowance |
|
|
(725,750 |
) |
|
|
(412,533 |
) |
| |
|
|
|
|
|
|
|
|
| |
|
$ |
— |
|
|
$ |
— |
|
The tax effects of
the temporary differences between reportable financial statement
income and taxable income are recognized as a deferred tax asset and
liability. Significant components of the deferred tax
assets are set out below along with a valuation allowance to reduce
the net deferred tax asset to zero.
Management has
established a valuation allowance because of the potential that the
tax benefits underlying deferred tax asset may not be
realized. Significant components of our deferred tax
asset at August 31, 2017 and 2016 are as follows:
| |
|
2017 |
|
|
2016 |
|
| Net operating
loss carryforward |
|
$ |
4,364,324 |
|
|
$ |
4,189,910 |
|
| |
|
|
|
|
|
|
|
|
| Stock-based
compensation |
|
|
1,694,459 |
|
|
|
1,649,967 |
|
| |
|
|
|
|
|
|
|
|
| Assets,
exploration cost, depreciation and amortization |
|
|
3,734,534 |
|
|
|
3,703,770 |
|
| |
|
|
|
|
|
|
|
|
| Impairment
of surface lease |
|
|
474,070 |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
| Less
valuation allowance |
|
|
(10,267,388 |
) |
|
|
(9,543,646 |
) |
| |
|
|
|
|
|
|
|
|
| Net deferred
tax asset |
|
$ |
— |
|
|
$ |
— |
|
As a result of a
change in control effective in April 2007, our net operating losses
prior to that date may be partially or entirely unavailable, by law,
to offset future income and, accordingly, are excluded from the
associated deferred tax asset.
The gross net
operating loss carryforward in the approximate amount of $12,691,000
will begin to expire in 2022. We file income tax returns
in the United States and in one state jurisdiction. With
few exceptions, we are no longer subject to United States federal
income tax examinations for fiscal years ending before 2011, and is
no longer subject to state tax examinations for years before
2010.
We also record any
financial statement recognition and disclosure requirements for
uncertain tax positions taken or expected to be taken in a tax
return. Financial statement recognition of the tax position is
dependent on an assessment of a 50% or greater likelihood
that the tax position will be sustained upon examination, based on
the technical merits of the position. Any interest and
penalties related to uncertain tax positions are recorded as
interest expense. We believe we have no uncertain tax positions at
August 31, 2017 and 2016.
|
|
| (
us-gaap:IncomeTaxDisclosureTextBlock ) |
|
|
| The
entire disclosure for income taxes. Disclosures may include net
deferred tax liability or asset recognized in an enterprise's
statement of financial position, net change during the year in the
total valuation allowance, approximate tax effect of each type of
temporary difference and carryforward that gives rise to a
significant portion of deferred tax liabilities and deferred tax
assets, utilization of a tax carryback, and tax uncertainties
information. |
| |
| (End Disclosure - INCOME TAXES) |
| |
| Disclosure - SHAREHOLDERS' EQUITY |
| Disclosure - SHAREHOLDERS' EQUITY (USD
$) |
12 Months Ended |
| ( us-gaap:EquityAbstract
) |
|
| |
|
| |
Aug. 31, 2017 |
| |
|
| |
|
| |
|
| |
|
| |
|
| SHAREHOLDERS' EQUITY |
NOTE 7 –
SHAREHOLDERS’ EQUITY
Our authorized
capital stock consists of 100,000,000 shares of common stock, with a
par value of $0.01 per share, and 10,000,000 preferred shares with a
par value of $0.001 per share.
All shares of
common stock have equal voting rights and, when validly issued and
outstanding, are entitled to one non-cumulative vote per share in
all matters to be voted upon by shareholders. The shares of common
stock have no pre-emptive, subscription, conversion or redemption
rights and may be issued only as fully paid and non-assessable
shares. Holders of the common stock are entitled to equal ratable
rights to dividends and distributions with respect to the common
stock, as may be declared by our Board of Directors (our “Board”)
out of funds legally available. In the event of a liquidation,
dissolution or winding up of the affairs of the Corporation, the
holders of common stock are entitled to share ratably in all assets
remaining available for distribution to them after payment or
provision for all liabilities and any preferential liquidation
rights of any preferred stock then outstanding.
We have 44,941,532
shares of our common stock outstanding as of August 31,
2017.
The following table
sets forth certain information as of August 31, 2017 and 2016
concerning our common stock that may be issued upon the exercise of
options not under the Amended 2008 plan and pursuant to purchases of
stock under the Amended 2008 Plan:
| |
|
Shares |
|
|
Weighted
Average
Exercise
Price |
|
|
Weighted
Average
Remaining
Contractual
Life (In Years) |
|
|
Grant
Date
Fair
Value |
|
| Outstanding
at August 31, 2015 |
|
|
6,290,000 |
|
|
$ |
0.94 |
|
|
|
4.67 |
|
|
$ |
11,764,532 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options
granted |
|
|
120,000 |
|
|
|
0.30 |
|
|
|
4.53 |
|
|
|
19,471 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options
exercised |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options
cancelled/forfeited/expired |
|
|
(775,000 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding
at August 31, 2016 |
|
|
5,635,000 |
|
|
|
0.61 |
|
|
|
3.43 |
|
|
|
11,784,003 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Vested and
exercisable at August 31, 2016 |
|
|
5,635,000 |
|
|
|
0.61 |
|
|
|
3.43 |
|
|
|
11,784,003 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options
granted |
|
|
120,000 |
|
|
|
0.30 |
|
|
|
4.53 |
|
|
|
18,907 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options
exercised |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options
cancelled/forfeited/expired |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding
at August 31, 2017 |
|
|
5,755,000 |
|
|
$ |
0.60 |
|
|
|
2.59 |
|
|
$ |
11,802,910 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Vested and
exercisable at August 31, 2017 |
|
|
5,755,000 |
|
|
$ |
0.60 |
|
|
|
2.59 |
|
|
$ |
11,802,910 |
|
Warrants
Warrant activity
for the years ended August 31, 2017 and 2016 are as
follows:
| |
|
Shares |
|
|
Weighted
Average
Exercise
Price |
|
|
Weighted
Average
Remaining
Contractual
Life (In Years) |
|
|
Grant
Date
Fair
Value |
|
| Outstanding
at August 31, 2015 |
|
|
18,291,550 |
|
|
$ |
1.54 |
|
|
|
2.37 |
|
|
$ |
4,291,419 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants
granted |
|
|
6,605,000 |
|
|
|
0.35 |
|
|
|
4.24 |
|
|
|
434,905 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants
exercised |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants
cancelled/forfeited/expired |
|
|
(9,587,000 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding
at August 31, 2016 |
|
|
15,309,550 |
|
|
|
0.39 |
|
|
|
3.75 |
|
|
|
4,726,324 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Vested and
exercisable at August 31, 2016 |
|
|
15,309,550 |
|
|
|
0.39 |
|
|
|
3.75 |
|
|
|
4,726,324 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants
granted |
|
|
815,660 |
|
|
|
0.17 |
|
|
|
4.63 |
|
|
|
130,858 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants
exercised |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants
cancelled/forfeited/expired |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding
at August 31, 2017 |
|
|
16,125,210 |
|
|
$ |
0.38 |
|
|
|
2.83 |
|
|
$ |
4,857,182 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Vested and
exercisable at August 31, 2017 |
|
|
16,125,210 |
|
|
$ |
0.38 |
|
|
|
2.83 |
|
|
$ |
4,857,182 |
|
|
|
| (
us-gaap:StockholdersEquityNoteDisclosureTextBlock ) |
|
|
| The
entire disclosure for shareholders' equity comprised of portions
attributable to the parent entity and noncontrolling interest,
including other comprehensive income. Includes, but is not limited
to, balances of common stock, preferred stock, additional paid-in
capital, other capital and retained earnings, accumulated balance
for each classification of other comprehensive income and amount of
comprehensive income. |
| |
| (End Disclosure - SHAREHOLDERS' EQUITY) |
| |
| Disclosure - RELATED PARTY
TRANSACTIONS |
| Disclosure - RELATED PARTY
TRANSACTIONS (USD $) |
12 Months Ended |
| (
us-gaap:RelatedPartyTransactionsAbstract ) |
|
| |
|
| |
Aug. 31, 2017 |
| |
|
| |
|
| |
|
| |
|
| |
|
| RELATED PARTY TRANSACTIONS |
NOTE 8 –
RELATED PARTY TRANSACTIONS
The Company has
received advances from certain Directors and Officers. The advances
totaled approximately $169,665 and $76,500 as of August 31, 2017 and
2016, respectively.
The Company rents
office space on a month to month basis of $1,600 from a
director.
|
|
| (
us-gaap:RelatedPartyTransactionsDisclosureTextBlock ) |
|
|
| The
entire disclosure for related party transactions. Examples of
related party transactions include transactions between (a) a parent
company and its subsidiary; (b) subsidiaries of a common parent; (c)
and entity and its principal owners; and (d) affiliates. |
| |
| (End Disclosure - RELATED PARTY
TRANSACTIONS) |
| |
| Disclosure - SUMMARY OF ACCOUNTING POLICIES
(Policies) |
| Disclosure - SUMMARY OF ACCOUNTING
POLICIES (Policies) (USD $) |
12
Months Ended |
| (
us-gaap:AccountingPoliciesAbstract ) |
|
| |
|
| |
Aug. 31, 2017 |
| |
|
| |
|
| |
|
| |
|
| |
|
| Basis of Presentation |
Basis of
Presentation
Our financial
records are maintained on the accrual basis of accounting whereby
revenues are recognized when earned and expenses are recorded when
incurred, in accordance with generally accepted accounting
principles (“GAAP”) – United States.
Reclassification of
prior year balances
Our financial
statements during the year ended August 31, 2016 contain amounts
that have been reclassified for presentation purposes. The amounts
and content of account balances were not altered during the
reclassification.
|
|
| (
us-gaap:BasisOfAccountingPolicyPolicyTextBlock ) |
|
|
| Disclosure
of accounting policy for basis of accounting, or basis of
presentation, used to prepare the financial statements (for example,
US Generally Accepted Accounting Principles, Other Comprehensive
Basis of Accounting, IFRS). |
|
| Cash and Cash Equivalents |
Cash and Cash
Equivalents
We consider all
highly liquid investments with an original maturity of three months
or less when purchased to be cash equivalents. Cash and cash
equivalents consist of demand deposits at commercial banks. We
currently do not have cash deposits at financial institutions in
excess of federally insured limits.
|
|
| (
us-gaap:CashAndCashEquivalentsPolicyTextBlock ) |
|
|
| Disclosure
of accounting policy for cash and cash equivalents, including the
policy for determining which items are treated as cash equivalents.
Other information that may be disclosed includes (1) the nature of
any restrictions on the entity's use of its cash and cash
equivalents, (2) whether the entity's cash and cash equivalents are
insured or expose the entity to credit risk, (3) the classification
of any negative balance accounts (overdrafts), and (4) the carrying
basis of cash equivalents (for example, at cost) and whether the
carrying amount of cash equivalents approximates fair value. |
|
| Property and Equipment |
Property and
Equipment
Our property and
equipment consists primarily of vehicles, furniture and equipment,
and are recorded at cost. Expenditures related to acquiring or
extending the useful life of our property and equipment are
capitalized. Expenditures for repair and maintenance are charged to
operations as incurred. Depreciation is computed using the
straight-line method over an estimated useful life of 3-20
years.
|
|
| (
us-gaap:PropertyPlantAndEquipmentPolicyTextBlock ) |
|
|
| Disclosure
of accounting policy for long-lived, physical assets used in the
normal conduct of business and not intended for resale. Includes,
but is not limited to, basis of assets, depreciation and depletion
methods used, including composite deprecation, estimated useful
lives, capitalization policy, accounting treatment for costs
incurred for repairs and maintenance, capitalized interest and the
method it is calculated, disposals and impairments. |
|
| Lease Deposits |
Lease
Deposits
From time to time,
the Company makes deposits in anticipation of executing leases. The
deposits are capitalized upon execution of the applicable
agreements.
|
|
| (
custom:LeaseDepositsPolicyTextBlock [Extension] ) |
|
|
| The
accounting policy for lease deposits. |
|
| Long-lived Assets |
Long-lived
Assets
The Company reviews
the recoverability of long-lived assets whenever events or changes
in circumstances indicate that the carrying amount of an asset may
not be recoverable through operations. To determine if these costs
are in excess of their recoverable amount, periodic evaluation of
carrying value of capitalized costs and any related property and
equipment costs are based upon expected future cash flows and/or
estimated salvage value in accordance with Financial Accounting
Standards Board (“FASB”) Accounting Standards Codification (“ASC
360”), Property, Plant and Equipment. The Company’s assets
susceptible to impairment analysis are the mineral properties
described in footnote 4.
|
|
| (
us-gaap:ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock
) |
|
|
| Disclosure
of accounting policy for recognizing and measuring the impairment of
long-lived assets. An entity also may disclose its accounting policy
for long-lived assets to be sold. This policy excludes goodwill and
intangible assets. |
|
| Revenue Recognition |
Revenue
Recognition
We recognize
revenue when persuasive evidence of an arrangement exists, services
have been performed, the sales price is fixed or determinable, and
collectability is probable. We have yet to generate any
revenue.
|
|
| (
us-gaap:RevenueRecognitionPolicyTextBlock ) |
|
|
| Disclosure
of accounting policy for revenue recognition. If the entity has
different policies for different types of revenue transactions, the
policy for each material type of transaction is generally disclosed.
If a sales transaction has multiple element arrangements (for
example, delivery of multiple products, services or the rights to
use assets) the disclosure may indicate the accounting policy for
each unit of accounting as well as how units of accounting are
determined and valued. The disclosure may encompass important
judgment as to appropriateness of principles related to recognition
of revenue. The disclosure also may indicate the entity's treatment
of any unearned or deferred revenue that arises from the
transaction. |
|
| Mineral Exploration and Development
Costs |
Mineral Exploration
and Development Costs
All exploration
expenditures are expensed as incurred. Costs of acquisition and
option costs of mineral rights are capitalized upon acquisition.
Costs incurred to maintain current production or to maintain assets
on a standby basis are charged to operations. If the Company does
not continue with exploration after the completion of the
feasibility study, the mineral rights will be expensed at that time.
Costs of abandoned projects are charged to mining costs including
related property and equipment costs. To determine if these costs
are in excess of their recoverable amount, periodic evaluation of
carrying value of capitalized costs and any related property and
equipment costs are based upon expected future cash flows and/or
estimated salvage value in accordance with ASC 360-10-35-15,
Impairment or Disposal of Long-Lived Assets. Exploration
costs were approximately $90,000 and $216,000 for the years ended
August 31, 2017 and 2016, respectively.
|
|
| (
us-gaap:ExploratoryDrillingCostsCapitalizationAndImpairmentPolicy
) |
|
|
| Disclosure
of accounting policy for capitalization of exploratory drilling
costs, including the criteria management applies in evaluating
whether costs incurred meet the criteria for initial capitalization,
continued capitalization, impairment, and how often such evaluations
are made. |
|
| Share-based Payments |
Share-based
Payments
The Company
estimates the fair value of share-based compensation using the
Black-Scholes valuation model, in accordance with the provisions of
ASC 718, Stock Compensation and ASC 505, Share-Based
Payments. Key inputs and assumptions used to estimate the fair
value of stock options include the grant price of the award, the
expected option term, volatility of our stock, the risk-free rate,
and dividend yield. Estimates of fair value are not intended to
predict actual future events or the value ultimately realized by the
option holders, and subsequent events are not indicative of the
reasonableness of the original estimates of fair value made by the
Company.
Amended 2008 Stock
Option Plan
In September 2008,
the Board adopted our 2008 Stock Option Plan (the “2008 Plan”),
which was also approved by our shareholders in September 2008. In
May 2011, the board of directors adopted an amendment to our 2008
Plan (the “Amended 2008 Plan”), which was also approved by our
shareholders in August 2011. The Amended 2008 Plan increased the
number of shares available for grant from 2,000,000 to up to
5,000,000 shares of our common stock for awards to our officers,
directors, employees and consultants. On February 15, 2012, our
stockholders approved an increase of 2,000,000 of shares of common
stock available for issuance under the amended 2008 Stock Option
Plan (the “Plan”). As amended, the Plan provides for 7,000,000
shares of common stock for all awards. On February 24, 2016, the
stockholders of the Company approved an amendment to the Company’s
2008 Stock Option Plan, pursuant to which the number of shares
available under the plan was increase from 7,000,000 to 9,000,000
shares of common stock. Other provisions of the Amended 2008 Plan
remain the same as under our 2008 Plan. As of August 31, 2017, a
total of 3,780,000 shares of our common stock remained available for
future grants under the Amended 2008 Plan.
|
|
| (
us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy
) |
|
|
| Disclosure
of accounting policy for stock option and stock incentive plans.
This disclosure may include (1) the types of stock option or
incentive plans sponsored by the entity (2) the groups that
participate in (or are covered by) each plan (3) significant plan
provisions and (4) how stock compensation is measured, and the
methodologies and significant assumptions used to determine that
measurement. |
|
| Income Taxes |
Income
Taxes
Income taxes are
computed using the asset and liability method, in accordance with
ASC 740, Income Taxes. Under the asset and liability method,
deferred income tax assets and liabilities are determined based on
the differences between the financial reporting and tax bases of
assets and liabilities, and are measured using the currently enacted
tax rates and laws. A valuation allowance is provided for the amount
of deferred tax assets that, based on available evidence, are not
expected to be realized.
|
|
| (
us-gaap:IncomeTaxPolicyTextBlock ) |
|
|
| Disclosure
of accounting policy for income taxes, which may include its
accounting policies for recognizing and measuring deferred tax
assets and liabilities and related valuation allowances, recognizing
investment tax credits, operating loss carryforwards, tax credit
carryforwards, and other carryforwards, methodologies for
determining its effective income tax rate and the characterization
of interest and penalties in the financial statements. |
|
| Basic and Diluted Loss Per Share |
Basic and Diluted
Loss Per Share
The Company
computes loss per share in accordance with ASC 260, Earnings Per
Share, which requires presentation of both basic and diluted
earnings per share on the face of the Statements of Operations.
Basic loss per share is computed by dividing net loss available to
common shareholders by the weighted average number of outstanding
common shares during the period. Diluted loss per share gives effect
to all dilutive potential common shares outstanding during the
period, including stock options and warrants using the treasury
method. Dilutive loss per share excludes all potential common shares
if their effect is anti-dilutive. |
|
| (
us-gaap:EarningsPerSharePolicyTextBlock ) |
|
|
| Disclosure
of accounting policy for computing basic and diluted earnings or
loss per share for each class of common stock and participating
security. Addresses all significant policy factors, including any
antidilutive items that have been excluded from the computation and
takes into account stock dividends, splits and reverse splits that
occur after the balance sheet date of the latest reporting period
but before the issuance of the financial statements. |
|
| Use of Estimates |
Use of
Estimates
The preparation of
financial statements in conformity with accounting principles
generally accepted in the United States of America requires
management to make estimates and assumptions that affect the
reported amounts of assets and liabilities at the date of the
financial statements and the reported amounts of revenues and
expenses during the reporting period. Actual results could differ
from those estimates. Management believes that these financial
statements include all normal and recurring adjustments necessary
for a fair presentation under Generally Accepted Accounting
Principles.
|
|
| ( us-gaap:UseOfEstimates
) |
|
|
| Disclosure
of accounting policy for the use of estimates in the preparation of
financial statements in conformity with generally accepted
accounting principles. |
|
| Fair Value Measurements |
Fair Value
Measurements
We account for
assets and liabilities measured at fair value in accordance with ASC
820, Fair Value Measurements and Disclosures. ASC 820
emphasizes that fair value is a market-based measurement, not an
entity-specific measurement. Therefore, a fair value measurement
should be determined based on the assumptions that market
participants would use in pricing the asset or liability. As a basis
for considering market participant assumptions in fair value
measurements, ASC 820 establishes a fair value hierarchy that
distinguishes between market participant assumptions based on market
data obtained from sources independent of the reporting entity
(observable inputs that are classified with Levels 1 and 2 of the
hierarchy) and the reporting entity’s own assumptions about market
participant assumptions (unobservable inputs classified within Level
3 of the hierarchy).The three levels of inputs used to measure fair
value are as follows:
| |
● |
Level 1:
Observable inputs that reflect unadjusted quoted prices for
identical assets or liabilities traded in active
markets. |
| |
● |
Level 2:
Inputs other than quoted prices included within Level 1 that
are observable for the asset or liability, either directly or
indirectly. |
| |
● |
Level 3:
Inputs that are generally unobservable. These inputs may be
used with internally developed methodologies that result in
management’s best estimate of fair
value. |
Our financial
instruments consist principally of cash, accounts payable and
accrued liabilities and note payable. The carrying amounts of such
financial instruments in the accompanying financial statements
approximate their fair values due to their relatively short-term
nature. It is management’s opinion that the Company is not exposed
to any significant currency or credit risks arising from these
financial instruments.
|
|
| (
us-gaap:FairValueMeasurementPolicyPolicyTextBlock ) |
|
|
| Disclosure
of accounting policy for fair value measurements of financial and
non-financial assets, liabilities and instruments classified in
shareholders' equity. Disclosures include, but are not limited to,
how an entity that manages a group of financial assets and
liabilities on the basis of its net exposure measures the fair value
of those assets and liabilities. |
|
| Recent Accounting Pronouncements |
Recent Accounting
Pronouncements
Pronouncements
between August 31, 2017 and the date of this filing are not expected
to have a significant impact on our operations, financial position,
or cash flow, nor does the Company expect the adoption of recently
issued, but not yet effective, accounting pronouncements to have a
significant impact on our results of operations, financial position
or cash flows.
|
|
| (
us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock ) |
|
|
| Disclosure
of accounting policy pertaining to new accounting pronouncements
that may impact the entity's financial reporting. Includes, but is
not limited to, quantification of the expected or actual impact. |
|
| Joint Venture |
Joint
Venture
On July 15, 2015,
we entered into an operating agreement (“Operating Agreement”) with
K-Tech, to formalize our joint venture company, Reetech, LLC, a
Delaware limited liability company (the “Reetech”), for the purposes
of developing, refining and marketing K-Tech’s CIX/CIC process
pursuant to the February 24, 2015 letter of intent with K-Tech.
Pursuant to the Operating Agreement, K-Tech holds an initial
interest of 97.21% of Reetech for the contribution of its technology
pursuant to a license to Reetech (the “Reetech License) and TMRC
holds an initial interest of 2.79% pursuant to its contribution of
cash payment of $391,000 to the prior development of the contributed
Technology for the purposes of the joint venture. TMRC has the
ability to earn a 49.9% interest in Reetech by contributing up to
$7.0 million in cash contributions upon the satisfaction of certain
development milestones. Reetech is governed by a board of managers
comprised of three managers: one manager appointed by the Company
and two managers appointed by K-Tech.
The Company uses
the cost method to account for its investment in the joint venture.
Under the cost method, the Company recognizes its share of the
earnings and losses of the joint venture as they accrue instead of
when they are realized. We have elected to expense the initial
investment amount of $391,000 as exploration expenses. Based upon
information available we have determined there are no significant
potential loss liabilities. The Company’s interest in the joint
venture remains $0. |
|
| (
us-gaap:InterestInUnincorporatedJointVenturesOrPartnershipsPolicy
) |
|
|
| Disclosure
of accounting policy for interest in an unincorporated joint venture
or partnership that is included in the enterprise's financial
statements using the proportionate consolidation method of
accounting. |
| |
| (End Disclosure - SUMMARY OF ACCOUNTING POLICIES
(Policies)) |
| |
| Disclosure - PROPERTY AND EQUIPMENT, NET
(Tables) |
| Disclosure - PROPERTY AND EQUIPMENT,
NET (Tables) (USD $) |
12 Months Ended |
| (
us-gaap:PropertyPlantAndEquipmentAbstract ) |
|
| |
|
| |
Aug. 31, 2017 |
| |
|
| |
|
| |
|
| |
|
| |
|
| Schedule of property and equipment,
net |
Property and
equipment consist of office furniture, equipment and vehicles. The
property and equipment are depreciated using the straight-line
method over their estimated useful life of 3-20 years. Our property
and equipment, net consist of the following:
| |
|
August 31,
2017 |
|
|
August 31,
2016 |
|
| Furniture
& office equipment |
|
$ |
75,606 |
|
|
$ |
75,606 |
|
| Vehicles |
|
|
89,185 |
|
|
|
89,185 |
|
| Computers
& software |
|
|
48,711 |
|
|
|
48,711 |
|
| Field
equipment |
|
|
71,396 |
|
|
|
71,396 |
|
| Total
cost basis |
|
|
284,898 |
|
|
|
284,898 |
|
| Less:
Accumulated depreciation |
|
|
(279,477 |
) |
|
|
(269,362 |
) |
| Property
& equipment, net |
|
$ |
5,421 |
|
|
$ |
15,536 |
|
|
|
| (
us-gaap:PropertyPlantAndEquipmentTextBlock ) |
|
|
| Tabular
disclosure of physical assets used in the normal conduct of business
and not intended for resale. Includes, but is not limited to,
balances by class of assets, depreciation and depletion expense and
method used, including composite depreciation, and accumulated
deprecation. |
| |
| (End Disclosure - PROPERTY AND EQUIPMENT, NET
(Tables)) |
| |
| Disclosure - MINERAL PROPERTIES
(Tables) |
| Disclosure - MINERAL PROPERTIES
(Tables) (USD $) |
12
Months Ended |
| (
us-gaap:MineralIndustriesDisclosuresAbstract ) |
|
| |
|
| |
Aug. 31, 2017 |
| |
|
| |
|
| |
|
| |
|
| |
|
| Schedule of future minimum lease
payments |
September 2011
Lease
Thereafter,
assuming production of paying quantities has not been obtained, we
may pay additional delay rental fees to extend the term of the lease
for successive one (1) year periods pursuant to the following
schedule:
| |
|
|
Per
Acre
Amount |
|
|
Total
Amount |
|
| September 2,
2015 – 2019 |
|
|
$ |
75 |
|
|
$ |
67,077 |
|
| September 2,
2020 – 2024 |
|
|
$ |
150 |
|
|
$ |
134,155 |
|
| September 2,
2025 – 2029 |
|
|
$ |
200 |
|
|
$ |
178,873 |
|
November 2011
Lease
Thereafter,
assuming production of paying quantities has not been obtained, we
may pay additional delay rental fees to extend the term of the lease
for successive one (1) year periods pursuant to the following
schedule:
| |
|
|
Per
Acre
Amount |
|
|
Total
Amount |
|
| November 1,
2015 – 2019 |
|
|
$ |
75 |
|
|
$ |
6,750 |
|
| November 1,
2020 – 2024 |
|
|
$ |
150 |
|
|
$ |
13,500 |
|
| November 1,
2025 – 2029 |
|
|
$ |
200 |
|
|
$ |
18,000 |
|
|
|
| (
custom:ScheduleOfFutureMinimumLeasePaymentsForMineralPropertiesLeasedTabletextBlock
[Extension] ) |
|
|
| Tabular
disclosure of future minimum lease payments as of the date of the
latest balance sheet presented. |
| |
| (End Disclosure - MINERAL PROPERTIES
(Tables)) |
| |
| Disclosure - INCOME TAXES (Tables) |
| Disclosure - INCOME TAXES (Tables)
(USD $) |
12 Months Ended |
| (
us-gaap:IncomeTaxDisclosureAbstract ) |
|
| |
|
| |
Aug. 31, 2017 |
| |
|
| |
|
| |
|
| |
|
| |
|
| Schedule of reconciliation of
federal income tax benefit to fedeal statutory rates |
The following table
sets forth a reconciliation of the federal income tax benefit to the
United States federal statutory rate for the years ended August 31,
2017 and 2016:
| |
|
2017 |
|
|
2016 |
|
| Loss before
provision for income taxes |
|
$ |
(2,135,126 |
) |
|
$ |
(1,213,939 |
) |
| |
|
|
|
|
|
|
|
|
| Income tax
benefit at 34% statutory rate |
|
|
725,943 |
|
|
|
412,739 |
|
| |
|
|
|
|
|
|
|
|
| Non-deductible
business meals and entertainment |
|
|
(193 |
) |
|
|
(206 |
) |
| |
|
|
|
|
|
|
|
|
| Increase in
valuation allowance |
|
|
(725,750 |
) |
|
|
(412,533 |
) |
| |
|
|
|
|
|
|
|
|
| |
|
$ |
— |
|
|
$ |
— |
|
|
|
| (
us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
) |
|
|
| Tabular
disclosure of the reconciliation using percentage or dollar amounts
of the reported amount of income tax expense attributable to
continuing operations for the year to the amount of income tax
expense that would result from applying domestic federal statutory
tax rates to pretax income from continuing operations. |
|
| Schedule of deferred tax assets |
Significant
components of our deferred tax asset at August 31, 2017 and 2016 are
as follows:
| |
|
2017 |
|
|
2016 |
|
| Net operating
loss carryforward |
|
$ |
4,364,324 |
|
|
$ |
4,189,910 |
|
| |
|
|
|
|
|
|
|
|
| Stock-based
compensation |
|
|
1,694,459 |
|
|
|
1,649,967 |
|
| |
|
|
|
|
|
|
|
|
| Assets,
exploration cost, depreciation and amortization |
|
|
3,734,534 |
|
|
|
3,703,770 |
|
| |
|
|
|
|
|
|
|
|
| Impairment
of surface lease |
|
|
474,070 |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
| Less
valuation allowance |
|
|
(10,267,388 |
) |
|
|
(9,543,646 |
) |
| |
|
|
|
|
|
|
|
|
| Net deferred
tax asset |
|
$ |
— |
|
|
$ |
— |
|
|
|
| (
us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
) |
|
|
| Tabular
disclosure of the components of net deferred tax asset or liability
recognized in an entity's statement of financial position, including
the following: the total of all deferred tax liabilities, the total
of all deferred tax assets, the total valuation allowance recognized
for deferred tax assets. |
| |
| (End Disclosure - INCOME TAXES (Tables)) |
| |
| Disclosure - SHAREHOLDERS' EQUITY
(Tables) |
| Disclosure - SHAREHOLDERS' EQUITY
(Tables) (USD $) |
12
Months Ended |
| ( us-gaap:EquityAbstract
) |
|
| |
|
| |
Aug. 31, 2017 |
| |
|
| |
|
| |
|
| |
|
| |
|
| Schedule of stock option activity |
The following table
sets forth certain information as of August 31, 2017 and 2016
concerning our common stock that may be issued upon the exercise of
options not under the Amended 2008 plan and pursuant to purchases of
stock under the Amended 2008 Plan:
| |
|
Shares |
|
|
Weighted
Average
Exercise
Price |
|
|
Weighted
Average
Remaining
Contractual
Life (In Years) |
|
|
Grant
Date
Fair
Value |
|
| Outstanding
at August 31, 2015 |
|
|
6,290,000 |
|
|
$ |
0.94 |
|
|
|
4.67 |
|
|
$ |
11,764,532 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options
granted |
|
|
120,000 |
|
|
|
0.30 |
|
|
|
4.53 |
|
|
|
19,471 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options
exercised |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options
cancelled/forfeited/expired |
|
|
(775,000 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding
at August 31, 2016 |
|
|
5,635,000 |
|
|
|
0.61 |
|
|
|
3.43 |
|
|
|
11,784,003 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Vested and
exercisable at August 31, 2016 |
|
|
5,635,000 |
|
|
|
0.61 |
|
|
|
3.43 |
|
|
|
11,784,003 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options
granted |
|
|
120,000 |
|
|
|
0.30 |
|
|
|
4.53 |
|
|
|
18,907 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options
exercised |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options
cancelled/forfeited/expired |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding
at August 31, 2017 |
|
|
5,755,000 |
|
|
$ |
0.60 |
|
|
|
2.59 |
|
|
$ |
11,802,910 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Vested and
exercisable at August 31, 2017 |
|
|
5,755,000 |
|
|
$ |
0.60 |
|
|
|
2.59 |
|
|
$ |
11,802,910 |
|
|
|
| (
us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
) |
|
|
| Tabular
disclosure of the number and weighted-average exercise prices (or
conversion ratios) for share options (or share units) that were
outstanding at the beginning and end of the year, vested and
expected to vest, exercisable or convertible at the end of the year,
and the number of share options or share units that were granted,
exercised or converted, forfeited, and expired during the year. |
|
| Schedule of warrant activity |
Warrant activity
for the years ended August 31, 2017 and 2016 are as
follows:
| |
|
Shares |
|
|
Weighted
Average
Exercise
Price |
|
|
Weighted
Average
Remaining
Contractual
Life (In Years) |
|
|
Grant
Date
Fair
Value |
|
| Outstanding
at August 31, 2015 |
|
|
18,291,550 |
|
|
$ |
1.54 |
|
|
|
2.37 |
|
|
$ |
4,291,419 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants
granted |
|
|
6,605,000 |
|
|
|
0.35 |
|
|
|
4.24 |
|
|
|
434,905 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants
exercised |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants
cancelled/forfeited/expired |
|
|
(9,587,000 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding
at August 31, 2016 |
|
|
15,309,550 |
|
|
|
0.39 |
|
|
|
3.75 |
|
|
|
4,726,324 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Vested and
exercisable at August 31, 2016 |
|
|
15,309,550 |
|
|
|
0.39 |
|
|
|
3.75 |
|
|
|
4,726,324 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants
granted |
|
|
815,660 |
|
|
|
0.17 |
|
|
|
4.63 |
|
|
|
130,858 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants
exercised |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants
cancelled/forfeited/expired |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding
at August 31, 2017 |
|
|
16,125,210 |
|
|
$ |
0.38 |
|
|
|
2.83 |
|
|
$ |
4,857,182 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Vested and
exercisable at August 31, 2017 |
|
|
16,125,210 |
|
|
$ |
0.38 |
|
|
|
2.83 |
|
|
$ |
4,857,182 |
|
|
|
| (
us-gaap:ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
) |
|
|
| Tabular
disclosure of warrants or rights issued. Warrants and rights
outstanding are derivative securities that give the holder the right
to purchase securities (usually equity) from the issuer at a
specific price within a certain time frame. Warrants are often
included in a new debt issue to entice investors by a higher return
potential. The main difference between warrants and call options is
that warrants are issued and guaranteed by the company, whereas
options are exchange instruments and are not issued by the company.
Also, the lifetime of a warrant is often measured in years, while
the lifetime of a typical option is measured in months. Disclose the
title of issue of securities called for by warrants and rights
outstanding, the aggregate amount of securities called for by
warrants and rights outstanding, the date from which the warrants or
rights are exercisable, and the price at which the warrant or right
is exercisable. |
| |
| (End Disclosure - SHAREHOLDERS' EQUITY
(Tables)) |
| |
| Disclosure - ORGANIZATION AND NATURE OF
BUSINESS (Details Narrative) |
| Disclosure - ORGANIZATION AND NATURE
OF BUSINESS (Details Narrative) (USD $) |
|
1 Month Ended |
|
|
12
Months Ended |
| (
us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
) |
|
|
|
|
|
| |
|
| |
Jul. 31, 2004 |
Apr. 30, 2007 |
Sep. 30, 2008 |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2016 |
| |
|
|
|
|
|
|
| |
|
| |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| |
|
| Common stock, shares authorized |
25,000,000 |
|
|
|
100,000,000 |
|
100,000,000 |
|
|
|
|
|
| (
us-gaap:CommonStockSharesAuthorized ) |
|
|
|
|
|
|
|
|
|
|
|
|
| The
maximum number of common shares permitted to be issued by an
entity's charter and bylaws. |
|
| Reverse Stock Split, conversion
ratio |
|
|
0.50 |
|
|
|
|
|
|
|
|
|
| (
us-gaap:StockholdersEquityNoteStockSplitConversionRatio1 ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Ratio
applied to the conversion of stock split, for example but not
limited to, one share converted to two or two shares converted to
one. |
|
| Common stock, par value |
|
|
|
|
0.01 |
|
0.01 |
|
|
|
|
|
| (
us-gaap:CommonStockParOrStatedValuePerShare ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Face
amount or stated value per share of common stock. |
|
| Preferred stock, shares
authorized |
|
|
|
|
10,000,000 |
|
10,000,000 |
|
|
|
|
|
| (
us-gaap:PreferredStockSharesAuthorized ) |
|
|
|
|
|
|
|
|
|
|
|
|
| The
maximum number of nonredeemable preferred shares (or preferred stock
redeemable solely at the option of the issuer) permitted to be
issued by an entity's charter and bylaws. |
|
| Preferred stock, par value |
|
|
|
|
|
|
0.001 |
|
|
|
|
|
| (
us-gaap:PreferredStockParOrStatedValuePerShare ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Face
amount or stated value per share of preferred stock nonredeemable or
redeemable solely at the option of the issuer. |
|
| Accumulated deficit |
|
|
|
|
|
|
(34,631,983 |
) |
|
|
|
|
| (
us-gaap:RetainedEarningsAccumulatedDeficit ) |
|
|
|
|
|
|
|
|
|
|
|
|
| The
cumulative amount of the reporting entity's undistributed earnings
or deficit. |
|
| Number of leases held |
|
|
|
|
|
|
2 |
|
|
|
|
|
| ( custom:NumberOfLeasesHeld
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
| The
number of leases held related to minerals properties. |
|
| Period of leases |
|
|
|
|
|
|
|
|
P19Y |
|
|
|
| (
us-gaap:LesseeLeasingArrangementsOperatingLeasesTermOfContract
) |
|
|
|
|
|
|
|
|
|
|
|
|
| Term
of the lessee's leasing arrangement, in 'PnYnMnDTnHnMnS' format, for
example, 'P1Y5M13D' represents the reported fact of one year, five
months, and thirteen days. |
|
| Mining lease - acres |
|
|
|
|
|
|
950 |
|
|
|
|
|
| ( custom:MiningLeaseAcres
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Number
of acres of mining lease. |
|
| Surface rights - acres |
|
|
|
|
|
|
9,345 |
|
|
|
|
|
| ( custom:SurfaceRightsAcres
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Number
of acres of surface rights agreement. |
| |
| (End Disclosure - ORGANIZATION AND NATURE OF
BUSINESS (Details Narrative)) |
| |
| Disclosure - SUMMARY OF ACCOUNTING POLICIES
(Details Narrative) |
| Disclosure - SUMMARY OF ACCOUNTING
POLICIES (Details Narrative) (USD $) |
|
|
0 Months
Ended |
|
|
|
1 Month Ended |
|
|
12
Months Ended |
| (
us-gaap:AccountingPoliciesAbstract ) |
|
|
|
|
|
|
|
|
|
|
| |
|
| |
Jul. 15, 2015 |
Jul. 15, 2015 |
Jul. 15, 2015 |
Aug. 31, 2017 |
May. 31, 2011 |
Aug. 31, 2008 |
Feb. 15, 2012 |
Feb. 15, 2015 |
Feb. 24, 2016 |
Aug. 31, 2017 |
| (
us-gaap:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
) |
|
|
|
|
|
|
|
|
|
|
| Information
by name of investment. |
|
| |
Joint Venture Reetech, LLC [Member]
K-Tech [Member] |
Joint Venture Reetech, LLC [Member] |
Joint Venture Reetech, LLC [Member] |
|
Amended 2008 Plan [Member] |
Amended 2008 Plan [Member] |
Amended 2008 Plan [Member] |
Amended 2008 Plan [Member] |
Amended 2008 Plan [Member] |
Lower Range [Member] |
| (
us-gaap:EquityMethodInvesteeNameDomain ) |
|
|
|
|
|
|
|
|
|
|
| Name
of investment. |
|
| Estimated useful life of property
and equipment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
P3Y |
|
| (
us-gaap:PropertyPlantAndEquipmentUsefulLife ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Useful
life of long lived, physical assets used in the normal conduct of
business and not intended for resale, in 'PnYnMnDTnHnMnS' format,
for example, 'P1Y5M13D' represents the reported fact of one year,
five months, and thirteen days. Examples include, but not limited
to, land, buildings, machinery and equipment, office equipment,
furniture and fixtures, and computer equipment. |
|
| Exploration costs |
|
|
|
|
391,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:ExplorationExpenseMining ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exploration
expenses (including prospecting) related to the mining industry
would be included in operating expenses. Exploration costs include
costs incurred in identifying areas that may warrant examination and
in examining specific areas that are considered to have prospects of
mineral reserves. |
|
| Number of shares authorized under
plan |
|
|
|
|
|
|
|
|
2,000,000 |
|
5,000,000 |
|
|
|
7,000,000 |
|
9,000,000 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
maximum number of shares (or other type of equity) originally
approved (usually by shareholders and board of directors), net of
any subsequent amendments and adjustments, for awards under the
equity-based compensation plan. As stock or unit options and equity
instruments other than options are awarded to participants, the
shares or units remain authorized and become reserved for issuance
under outstanding awards (not necessarily vested). |
|
| Shares available for issuance |
|
|
|
|
|
|
3,780,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
difference between the maximum number of shares (or other type of
equity) authorized for issuance under the plan (including the
effects of amendments and adjustments), and the sum of: 1) the
number of shares (or other type of equity) already issued upon
exercise of options or other equity-based awards under the plan; and
2) shares (or other type of equity) reserved for issuance on
granting of outstanding awards, net of cancellations and
forfeitures, if applicable. |
|
| Number of additional shares
authorized |
|
|
|
|
|
|
|
|
|
|
|
|
2,000,000 |
|
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number
of additional shares authorized for issuance under an established
share-based compensation plan. |
|
| Initial interest amount |
391,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:CostMethodInvestmentsOriginalCost ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Original
amount of cost-method investments at the acquisition date. |
|
| Cash contribution required after
develpment milestones for additional interest |
|
|
|
|
7,000,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:CashContributionRequiredAfterMilestonesForInterest
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of cash contribution to purchase additional ownership interest in
joint venture based upon milestones achieved. |
|
| Cost method ownership interest to be
acquired after cash contribution |
|
|
|
|
0.499 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:CostMethodOwnershipInterestToBeAcquiredAfterCashContribution
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Additional
ownership interest in joint venture available based upon milestones
achieved. |
|
| Cost method ownership interest |
|
|
0.0279 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:InvestmentOwnershipPercentage [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
percentage of ownership of common stock or equity participation in
the investee accounted for under the cost method of accounting. |
|
| Ownership interest by party in joint
venture |
0.9721 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:EquityMethodInvestmentOwnershipPercentage ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
percentage of ownership of common stock or equity participation in
the investee accounted for under the equity method of accounting. |
|
| Interest in joint venture |
|
|
|
|
|
|
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:CostMethodInvestments ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount,
after adjustment, of cost-method investment. Adjustments include,
but are not limited to, dividends received in excess of earnings
after date of investment that are considered a return of investment
and other than temporary impairments. |
|
| |
| Table continued from above |
| |
| Disclosure - SUMMARY OF ACCOUNTING
POLICIES (Details Narrative) (USD $) |
| (
us-gaap:AccountingPoliciesAbstract ) |
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2016 |
| (
us-gaap:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
) |
|
|
|
| Information
by name of investment. |
|
| |
Upper Range [Member] |
|
|
| (
us-gaap:EquityMethodInvesteeNameDomain ) |
|
|
|
| Name
of investment. |
|
| Estimated useful life of property
and equipment |
P20Y |
|
|
|
|
|
| (
us-gaap:PropertyPlantAndEquipmentUsefulLife ) |
|
|
|
|
|
|
| Useful
life of long lived, physical assets used in the normal conduct of
business and not intended for resale, in 'PnYnMnDTnHnMnS' format,
for example, 'P1Y5M13D' represents the reported fact of one year,
five months, and thirteen days. Examples include, but not limited
to, land, buildings, machinery and equipment, office equipment,
furniture and fixtures, and computer equipment. |
|
| Exploration costs |
|
|
90,484 |
|
216,223 |
|
| (
us-gaap:ExplorationExpenseMining ) |
|
|
|
|
|
|
| Exploration
expenses (including prospecting) related to the mining industry
would be included in operating expenses. Exploration costs include
costs incurred in identifying areas that may warrant examination and
in examining specific areas that are considered to have prospects of
mineral reserves. |
|
| Number of shares authorized under
plan |
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
) |
|
|
|
|
|
|
| The
maximum number of shares (or other type of equity) originally
approved (usually by shareholders and board of directors), net of
any subsequent amendments and adjustments, for awards under the
equity-based compensation plan. As stock or unit options and equity
instruments other than options are awarded to participants, the
shares or units remain authorized and become reserved for issuance
under outstanding awards (not necessarily vested). |
|
| Shares available for issuance |
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
) |
|
|
|
|
|
|
| The
difference between the maximum number of shares (or other type of
equity) authorized for issuance under the plan (including the
effects of amendments and adjustments), and the sum of: 1) the
number of shares (or other type of equity) already issued upon
exercise of options or other equity-based awards under the plan; and
2) shares (or other type of equity) reserved for issuance on
granting of outstanding awards, net of cancellations and
forfeitures, if applicable. |
|
| Number of additional shares
authorized |
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
) |
|
|
|
|
|
|
| Number
of additional shares authorized for issuance under an established
share-based compensation plan. |
|
| Initial interest amount |
|
|
|
|
|
|
| (
us-gaap:CostMethodInvestmentsOriginalCost ) |
|
|
|
|
|
|
| Original
amount of cost-method investments at the acquisition date. |
|
| Cash contribution required after
develpment milestones for additional interest |
|
|
|
|
|
|
| (
custom:CashContributionRequiredAfterMilestonesForInterest
[Extension] ) |
|
|
|
|
|
|
| Amount
of cash contribution to purchase additional ownership interest in
joint venture based upon milestones achieved. |
|
| Cost method ownership interest to be
acquired after cash contribution |
|
|
|
|
|
|
| (
custom:CostMethodOwnershipInterestToBeAcquiredAfterCashContribution
[Extension] ) |
|
|
|
|
|
|
| Additional
ownership interest in joint venture available based upon milestones
achieved. |
|
| Cost method ownership interest |
|
|
|
|
|
|
| (
custom:InvestmentOwnershipPercentage [Extension] ) |
|
|
|
|
|
|
| The
percentage of ownership of common stock or equity participation in
the investee accounted for under the cost method of accounting. |
|
| Ownership interest by party in joint
venture |
|
|
|
|
|
|
| (
us-gaap:EquityMethodInvestmentOwnershipPercentage ) |
|
|
|
|
|
|
| The
percentage of ownership of common stock or equity participation in
the investee accounted for under the equity method of accounting. |
|
| Interest in joint venture |
|
|
|
|
|
|
| (
us-gaap:CostMethodInvestments ) |
|
|
|
|
|
|
| Amount,
after adjustment, of cost-method investment. Adjustments include,
but are not limited to, dividends received in excess of earnings
after date of investment that are considered a return of investment
and other than temporary impairments. |
| |
| (End Disclosure - SUMMARY OF ACCOUNTING POLICIES
(Details Narrative)) |
| |
| Disclosure - PROPERTY AND EQUIPMENT, NET
(Details Narrative) |
| Disclosure - PROPERTY AND EQUIPMENT,
NET (Details Narrative) (USD $) |
12
Months Ended |
| (
us-gaap:PropertyPlantAndEquipmentAbstract ) |
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2016 |
Aug. 31, 2017 |
Aug. 31, 2017 |
| ( us-gaap:RangeAxis
) |
|
|
|
|
| Information
by range, including, but not limited to, upper and lower bounds. |
|
| |
|
|
Lower Range [Member] |
Upper Range [Member] |
| ( us-gaap:RangeMember
) |
|
|
|
|
| Extent
of variation, for example, but not limited to, upper and lower
bounds. |
|
| Estimated useful life of property
and equipment |
|
|
|
|
P3Y |
|
P20Y |
|
| (
us-gaap:PropertyPlantAndEquipmentUsefulLife ) |
|
|
|
|
|
|
|
|
| Useful
life of long lived, physical assets used in the normal conduct of
business and not intended for resale, in 'PnYnMnDTnHnMnS' format,
for example, 'P1Y5M13D' represents the reported fact of one year,
five months, and thirteen days. Examples include, but not limited
to, land, buildings, machinery and equipment, office equipment,
furniture and fixtures, and computer equipment. |
|
| Depreciation expense |
10,115 |
|
27,737 |
|
|
|
|
|
| ( us-gaap:Depreciation
) |
|
|
|
|
|
|
|
|
| The
amount of expense recognized in the current period that reflects the
allocation of the cost of tangible assets over the assets' useful
lives. Includes production and non-production related
depreciation. |
| |
| (End Disclosure - PROPERTY AND EQUIPMENT, NET
(Details Narrative)) |
| |
| Disclosure - PROPERTY AND EQUIPMENT, NET
(Details) |
| Disclosure - PROPERTY AND EQUIPMENT,
NET (Details) (USD $) |
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:PropertyPlantAndEquipmentAbstract ) |
|
|
|
|
|
|
|
|
|
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2016 |
Aug. 31, 2016 |
Aug. 31, 2016 |
Aug. 31, 2016 |
Aug. 31, 2016 |
| (
us-gaap:PropertyPlantAndEquipmentByTypeAxis ) |
|
|
|
|
|
|
|
|
|
|
| Information
by type of long-lived, physical assets used to produce goods and
services and not intended for resale. |
|
| |
Furniture and Office Equipment [Member] |
Vehicles [Member] |
Computers & Software [Member] |
Field Equipment [Member] |
|
Vehicles [Member] |
Furniture and Office Equipment [Member] |
Computers & Software [Member] |
Field Equipment [Member] |
|
| (
us-gaap:PropertyPlantAndEquipmentTypeDomain ) |
|
|
|
|
|
|
|
|
|
|
| Listing
of long-lived, physical assets that are used in the normal conduct
of business to produce goods and services and not intended for
resale. Examples include land, buildings, machinery and equipment,
and other types of furniture and equipment including, but not
limited to, office equipment, furniture and fixtures, and computer
equipment and software. |
|
| Total cost basis |
75,606 |
|
89,185 |
|
48,711 |
|
71,396 |
|
284,898 |
|
75,606 |
|
89,185 |
|
48,711 |
|
71,396 |
|
284,898 |
|
| (
us-gaap:PropertyPlantAndEquipmentGross ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
before accumulated depreciation, depletion and amortization of
physical assets used in the normal conduct of business and not
intended for resale. Examples include, but are not limited to, land,
buildings, machinery and equipment, office equipment, and furniture
and fixtures. |
|
| Less: Accumulated depreciation |
|
|
|
|
|
|
|
|
(279,477 |
) |
|
|
|
|
|
|
|
|
(269,362 |
) |
| (
us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of accumulated depreciation, depletion and amortization for physical
assets used in the normal conduct of business to produce goods and
services. |
|
| Property & equipment, net |
|
|
|
|
|
|
|
|
5,421 |
|
|
|
|
|
|
|
|
|
15,536 |
|
| (
us-gaap:PropertyPlantAndEquipmentNet ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
after accumulated depreciation, depletion and amortization of
physical assets used in the normal conduct of business to produce
goods and services and not intended for resale. Examples include,
but are not limited to, land, buildings, machinery and equipment,
office equipment, and furniture and fixtures. |
| |
| (End Disclosure - PROPERTY AND EQUIPMENT, NET
(Details)) |
| |
| Disclosure - MINERAL PROPERTIES (Details
Narrative) |
| Disclosure - MINERAL PROPERTIES
(Details Narrative) (USD $) |
1 Month
Ended |
|
1 Month
Ended |
|
1 Month
Ended |
|
12
Months Ended |
|
| (
us-gaap:MineralIndustriesDisclosuresAbstract ) |
|
|
|
|
|
|
|
|
| |
|
| |
Sep. 2, 2011 |
Sep. 2, 2011 |
Nov. 1, 2011 |
Nov. 1, 2011 |
Aug. 31, 2017 |
Oct. 31, 2017 |
Mar. 6, 2013 |
Mar. 6, 2013 |
Aug. 31, 2017 |
Jun. 1, 2013 |
| (
us-gaap:CounterpartyNameAxis ) |
|
|
|
|
|
|
|
|
|
|
| Information
by name of counterparty. A counterparty is the other party that
participates in a financial transaction. Examples include, but not
limited to, the name of the financial institution. |
|
| |
Texas General Land Office - Hudspeth County, TX
[Member]
September 2011 Mineral Properties Lease [Member] |
Texas General Land Office - Hudspeth County, TX
[Member]
September 2011 Mineral Properties Lease [Member] |
State of Texas - Hudspeth County, TX [Member]
November
2011 Mineral Properties Lease [Member] |
State of Texas - Hudspeth County, TX [Member]
November
2011 Mineral Properties Lease [Member] |
Texas General Land Office - Hudspeth County, TX
[Member]
September 2011 Mineral Properties Lease [Member] |
State of Texas - Hudspeth County, TX [Member]
November
2011 Mineral Properties Lease [Member]
Subsequent Event
[Member] |
Southwest Range and Wildlife Foundation, Inc.
[Member]
March 2013 Surface Lease [Member] |
Southwest Range and Wildlife Foundation, Inc.
[Member]
March 2013 Surface Lease [Member] |
Southwest Range and Wildlife Foundation, Inc.
[Member]
March 2013 Surface Lease [Member] |
Southwest Range and Wildlife Foundation, Inc.
[Member]
March 2013 Surface Lease [Member] |
| (
us-gaap:RepurchaseAgreementCounterpartyNameDomain ) |
|
|
|
|
|
|
|
|
|
|
| Named
other party that participates in a financial transaction. Examples
include, but not limited to, the name of the financial
institution. |
|
| Mining lease - acres |
|
|
860 |
|
|
|
90 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( custom:MiningLeaseAcres
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number
of acres of mining lease. |
|
| Surface rights - acres |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
54,990.11 |
|
|
|
|
|
| ( custom:SurfaceRightsAcres
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number
of acres of surface rights agreement. |
|
| Ground water lease - acres |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:GroundWaterLeaseAcres [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number
of acres of gorund water lease. |
|
| Distance from project mine |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:DistanceFromProjectMine [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
number of miles the lease is from the deposit. |
|
| Lease bonus |
|
|
142,518 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( custom:LeaseBonus
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
value of a lease bonus to be paid. |
|
| Lease bonus paid |
44,718 |
|
|
|
20,700 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( custom:PaymentOfLeaseBonus
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
cash outflow for lease bonus. |
|
| Lease bonus due upon filing of
supplemental plan of operations to conduct mining |
|
|
97,800 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( custom:LeaseBonusDue
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Under
terms of mineral properties leases, the amount of lease bonus due to
the State of Texas upon the submission of a supplemental plan of
operations to conduct mining. |
|
| Minimum advance royalty due upon
sale of minerals |
|
|
500,000 |
|
|
|
50,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:MinimumAdvanceRoyaltyDue [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Under
terms of mineral properties leases, the minimum advance royalty due
to the State of Texas upon the sale of minerals removed from Round
Top. |
|
| Production royalty of market value
of uranium and other fissionable materials removed |
0.08 |
|
|
|
0.08 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:ProductionRoyaltyOfMarketValueOfUraniumAndFissionableMaterials
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
percentage production royalty of market value of uranium and other
fissionable materials removed and sold from Round Top due to the
State of Texas after the minimum advance royalty is paid. |
|
| Production royalty of market value
of other minerals removed |
0.0625 |
|
|
|
0.0625 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:ProductionRoyaltyOfMarketValueOfOtherMinerals [Extension]
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
percentage production royalty of market value of other minerals
removed and sold from Round Top due to the State of Texas after the
minimum advance royalty is paid. |
|
| Payment of delay rental |
|
|
|
|
|
|
|
|
67,077 |
|
6,750 |
|
|
|
|
|
|
|
|
|
| ( custom:PaymentOfDelayRental
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
cash outflow for delay rental fee. |
|
| Cash paid for lease assignment |
|
|
|
|
|
|
|
|
|
|
|
|
500,000 |
|
|
|
|
|
|
|
| (
custom:CashPaidForLeaseAssignment [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
cash outflow for lease assignment. |
|
| Shares issued for lease |
|
|
|
|
|
|
|
|
|
|
|
|
1,063,830 |
|
|
|
|
|
|
|
| (
us-gaap:StockIssuedDuringPeriodSharesOther ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number
of shares of stock issued attributable to transactions classified as
other. |
|
| Periodic lease payment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
45,000 |
|
|
|
|
|
| (
us-gaap:OperatingLeasesFutureMinimumPaymentsDue ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of required minimum rental payments for leases having an initial or
remaining non-cancelable letter-terms in excess of one year. |
|
| Number of payments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10 |
|
|
|
9 |
|
| ( custom:NumberOfPayment
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
number of payments. |
|
| Lease payments payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:ContractualObligation ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of contractual obligation, including but not limited to, long-term
debt, capital lease obligations, operating lease obligations,
purchase obligations, and other commitments. |
|
| Periodic option annual payment
due |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:PeriodicOptionAnnualPaymentDue [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
amount of annual option payment payable per agreement. |
|
| Annual minimum production payment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:AnnualMinimumProductionPayment [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
amount of annual production payment due per agreement. |
|
| Royalty percentage |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:LeaseContractRoyaltyPercentage [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
royalty percentage specified in the lease contract. |
|
| Production payment, amount per
thousand gallons |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:ProductionPaymentAmountPerThousandGallons [Extension]
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
amount per every thousand gallons that will be paid as an annual
production payment, assuming the per gallon calculation yields the
maximum amount. |
|
| Production payment, annual amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:LeaseProductionPaymentAnnualAmount [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
annual amount that will be paid as a production payment assuming
this yields the maximum amount. |
|
| Impairment of mineral properties |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,394,852 |
|
|
|
| (
us-gaap:ImpairmentOfOilAndGasProperties ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
expense recorded to reduce the value of oil and gas assets
consisting of proved properties and unproved properties as the
estimate of future successful production from these properties is
reduced. |
|
| |
| Table continued from above |
| |
| Disclosure - MINERAL PROPERTIES
(Details Narrative) (USD $) |
|
|
|
|
1 Month
Ended |
|
| (
us-gaap:MineralIndustriesDisclosuresAbstract ) |
|
|
|
|
|
|
| |
|
| |
Jun. 1, 2016 |
Aug. 31, 2017 |
Oct. 31, 2014 |
Oct. 31, 2014 |
Oct. 31, 2014 |
Jun. 28, 2016 |
Jun. 28, 2016 |
| (
us-gaap:CounterpartyNameAxis ) |
|
|
|
|
|
|
|
| Information
by name of counterparty. A counterparty is the other party that
participates in a financial transaction. Examples include, but not
limited to, the name of the financial institution. |
|
| |
Southwest Range and Wildlife Foundation, Inc.
[Member]
March 2013 Surface Lease [Member] |
Southwest Range and Wildlife Foundation, Inc.
[Member]
March 2013 Surface Lease [Member] |
Texas General Land Office - Hudspeth County, TX
[Member]
Option to Purchase Surface Rights [Member] |
Texas General Land Office - Hudspeth County, TX
[Member]
Option to Purchase Water Lease [Member] |
Texas General Land Office - Hudspeth County, TX
[Member]
Option to Purchase Water Lease [Member] |
Pagnotti Enterprises - MOU [Member] |
Pagnotti Enterprises - MOU [Member] |
| (
us-gaap:RepurchaseAgreementCounterpartyNameDomain ) |
|
|
|
|
|
|
|
| Named
other party that participates in a financial transaction. Examples
include, but not limited to, the name of the financial
institution. |
|
| Mining lease - acres |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( custom:MiningLeaseAcres
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number
of acres of mining lease. |
|
| Surface rights - acres |
|
|
|
|
5,760 |
|
|
|
|
|
|
|
|
|
| ( custom:SurfaceRightsAcres
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number
of acres of surface rights agreement. |
|
| Ground water lease - acres |
|
|
|
|
|
|
13,120 |
|
|
|
|
|
|
|
| (
custom:GroundWaterLeaseAcres [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number
of acres of gorund water lease. |
|
| Distance from project mine |
|
|
|
|
|
|
4 |
|
|
|
|
|
|
|
| (
custom:DistanceFromProjectMine [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
number of miles the lease is from the deposit. |
|
| Lease bonus |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( custom:LeaseBonus
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
value of a lease bonus to be paid. |
|
| Lease bonus paid |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( custom:PaymentOfLeaseBonus
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
cash outflow for lease bonus. |
|
| Lease bonus due upon filing of
supplemental plan of operations to conduct mining |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( custom:LeaseBonusDue
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Under
terms of mineral properties leases, the amount of lease bonus due to
the State of Texas upon the submission of a supplemental plan of
operations to conduct mining. |
|
| Minimum advance royalty due upon
sale of minerals |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:MinimumAdvanceRoyaltyDue [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Under
terms of mineral properties leases, the minimum advance royalty due
to the State of Texas upon the sale of minerals removed from Round
Top. |
|
| Production royalty of market value
of uranium and other fissionable materials removed |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:ProductionRoyaltyOfMarketValueOfUraniumAndFissionableMaterials
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
percentage production royalty of market value of uranium and other
fissionable materials removed and sold from Round Top due to the
State of Texas after the minimum advance royalty is paid. |
|
| Production royalty of market value
of other minerals removed |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:ProductionRoyaltyOfMarketValueOfOtherMinerals [Extension]
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
percentage production royalty of market value of other minerals
removed and sold from Round Top due to the State of Texas after the
minimum advance royalty is paid. |
|
| Payment of delay rental |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( custom:PaymentOfDelayRental
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
cash outflow for delay rental fee. |
|
| Cash paid for lease assignment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:CashPaidForLeaseAssignment [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
cash outflow for lease assignment. |
|
| Shares issued for lease |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:StockIssuedDuringPeriodSharesOther ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number
of shares of stock issued attributable to transactions classified as
other. |
|
| Periodic lease payment |
|
|
|
|
|
|
|
|
|
|
|
|
5,000 |
|
| (
us-gaap:OperatingLeasesFutureMinimumPaymentsDue ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of required minimum rental payments for leases having an initial or
remaining non-cancelable letter-terms in excess of one year. |
|
| Number of payments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( custom:NumberOfPayment
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
number of payments. |
|
| Lease payments payable |
45,000 |
|
45,000 |
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:ContractualObligation ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of contractual obligation, including but not limited to, long-term
debt, capital lease obligations, operating lease obligations,
purchase obligations, and other commitments. |
|
| Periodic option annual payment
due |
|
|
|
|
10,000 |
|
|
|
|
|
|
|
|
|
| (
custom:PeriodicOptionAnnualPaymentDue [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
amount of annual option payment payable per agreement. |
|
| Annual minimum production payment |
|
|
|
|
|
|
5,000 |
|
|
|
|
|
|
|
| (
custom:AnnualMinimumProductionPayment [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
amount of annual production payment due per agreement. |
|
| Royalty percentage |
|
|
|
|
|
|
|
|
|
|
0.12 |
|
|
|
| (
custom:LeaseContractRoyaltyPercentage [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
royalty percentage specified in the lease contract. |
|
| Production payment, amount per
thousand gallons |
|
|
|
|
|
|
|
|
0.95 |
|
|
|
|
|
| (
custom:ProductionPaymentAmountPerThousandGallons [Extension]
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
amount per every thousand gallons that will be paid as an annual
production payment, assuming the per gallon calculation yields the
maximum amount. |
|
| Production payment, annual amount |
|
|
|
|
|
|
20,000 |
|
|
|
|
|
|
|
| (
custom:LeaseProductionPaymentAnnualAmount [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
annual amount that will be paid as a production payment assuming
this yields the maximum amount. |
|
| Impairment of mineral properties |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:ImpairmentOfOilAndGasProperties ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
expense recorded to reduce the value of oil and gas assets
consisting of proved properties and unproved properties as the
estimate of future successful production from these properties is
reduced. |
| |
| (End Disclosure - MINERAL PROPERTIES (Details
Narrative)) |
| |
| Disclosure - MINERAL PROPERTIES
(Details) |
| Disclosure - MINERAL PROPERTIES
(Details) (USD $) |
|
|
|
|
|
|
| (
us-gaap:MineralIndustriesDisclosuresAbstract ) |
|
|
|
|
|
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2017 |
| (
us-gaap:PropertyPlantAndEquipmentByTypeAxis ) |
|
|
|
|
|
|
| Information
by type of long-lived, physical assets used to produce goods and
services and not intended for resale. |
|
| |
September 2, 2015 - 2019 [Member] |
September 2, 2020 - 2024 [Member] |
September 2, 2025 - 2029 [Member] |
November 1, 2015 - 2019 [Member] |
November 1, 2020 - 2024 [Member] |
November 1, 2025 - 2029 [Member] |
| (
us-gaap:PropertyPlantAndEquipmentTypeDomain ) |
|
|
|
|
|
|
| Listing
of long-lived, physical assets that are used in the normal conduct
of business to produce goods and services and not intended for
resale. Examples include land, buildings, machinery and equipment,
and other types of furniture and equipment including, but not
limited to, office equipment, furniture and fixtures, and computer
equipment and software. |
|
| Per Acre Amount |
75 |
|
150 |
|
200 |
|
75 |
|
150 |
|
200 |
|
| (
custom:MineralPropertiesPerAcreAmount [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Lease
amount, per acre for mineral properties. |
|
| Total Lease Amount |
67,077 |
|
134,155 |
|
178,873 |
|
6,750 |
|
13,500 |
|
18,000 |
|
| (
custom:MineralPropertiesTotalLeaseAmount [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Total
lease amount for mineral properties. |
| |
| (End Disclosure - MINERAL PROPERTIES
(Details)) |
| |
| Disclosure - NOTES PAYABLE (Details
Narrative) |
| Disclosure - NOTES PAYABLE (Details
Narrative) (USD $) |
|
0 Months
Ended |
|
|
|
0 Months
Ended |
|
|
|
0 Months
Ended |
| (
us-gaap:DebtDisclosureAbstract ) |
|
|
|
|
|
|
|
|
|
|
| |
|
| |
Mar. 6, 2013 |
Mar. 6, 2013 |
Aug. 31, 2017 |
Aug. 31, 2016 |
Jul. 1, 2016 |
Jul. 1, 2016 |
Aug. 31, 2017 |
Aug. 31, 2016 |
Sep. 2, 2016 |
Sep. 2, 2016 |
| ( us-gaap:DebtInstrumentAxis
) |
|
|
|
|
|
|
|
|
|
|
| Information
by type of debt instrument, including, but not limited to, draws
against credit facilities. |
|
| |
Foundation Lease Note Payable [Member] |
Foundation Lease Note Payable [Member] |
Foundation Lease Note Payable [Member] |
Foundation Lease Note Payable [Member] |
Director Loans 7/1/2016 [Member] |
Director Loans 7/1/2016 [Member] |
Director Loans 7/1/2016 [Member] |
Director Loans 7/1/2016 [Member] |
Director Loans 9/1/2016 [Member] |
Director Loans 9/1/2016 [Member] |
| (
us-gaap:DebtInstrumentNameDomain ) |
|
|
|
|
|
|
|
|
|
|
| The
name for the particular debt instrument or borrowing that
distinguishes it from other debt instruments or borrowings,
including draws against credit facilities. |
|
| Periodic payment |
|
|
45,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:DebtInstrumentPeriodicPayment ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of the required periodic payments including both interest and
principal payments. |
|
| Number of payments |
9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( custom:NumberOfPayment
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
number of payments. |
|
| Number of loans |
|
|
|
|
|
|
|
|
2 |
|
|
|
|
|
|
|
5 |
|
|
|
| ( custom:NumberOfLoans
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
number of loans. |
|
| Number of directors |
|
|
|
|
|
|
|
|
2 |
|
|
|
|
|
|
|
5 |
|
|
|
| ( custom:NumberOfDirectors
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number
of directors in debt instruments. |
|
| Imputed interest rate |
0.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:DebtInstrumentInterestRateEffectivePercentage ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Effective
interest rate for the funds borrowed under the debt agreement
considering interest compounding and original issue discount or
premium. |
|
| Note payable face amount |
364,852 |
|
|
|
|
|
|
|
2,500 |
|
|
|
|
|
|
|
71,500 |
|
|
|
| (
us-gaap:DebtInstrumentFaceAmount ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Face
(par) amount of debt instrument at time of issuance. |
|
| Current portion of note payable |
|
|
|
|
260,000 |
|
260,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( us-gaap:NotesPayableCurrent
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Sum
of the carrying values as of the balance sheet date of the portions
of long-term notes payable due within one year or the operating
cycle if longer. |
|
| Notes payable - related party, net
of discounts |
|
|
|
|
|
|
|
|
|
|
|
|
5,000 |
|
5,000 |
|
|
|
|
|
| (
us-gaap:NotesPayableRelatedPartiesClassifiedCurrent ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
amount for notes payable (written promise to pay), due to related
parties. Used to reflect the current portion of the liabilities (due
within one year or within the normal operating cycle if longer). |
|
| Accrued interest payable |
|
|
|
|
33,750 |
|
18,750 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:InterestPayableCurrentAndNoncurrent ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of interest payable on debt, including, but not limited to, trade
payables. |
|
| Amount of lease payment in
default |
|
|
|
|
45,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:AmountOfLeasePaymentInDefault [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
amount of lease payment in deafult at end of reporting period. |
|
| Maturity date |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:DebtInstrumentMaturityDate ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Date
when the debt instrument is scheduled to be fully repaid, in
CCYY-MM-DD format. |
|
| Debt term |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( us-gaap:DebtInstrumentTerm
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Period
of time between issuance and maturity of debt instrument, in
PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| Proceeds from loan payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:ProceedsFromIssuanceOfLongTermDebt ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
cash inflow from a debt initially having maturity due after one year
or beyond the operating cycle, if longer. |
|
| Common stock warrants granted |
|
|
|
|
|
|
|
|
|
|
5,000 |
|
|
|
|
|
|
|
147,000 |
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net
number of non-option equity instruments granted to participants. |
|
| Warrants, exercise price |
|
|
|
|
|
|
|
|
0.10 |
|
|
|
|
|
|
|
0.10 |
|
|
|
| (
us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise
price per share or per unit of warrants or rights outstanding. |
|
| Warrant term |
|
|
|
|
|
|
|
|
|
|
P5Y |
|
|
|
|
|
|
|
P5Y |
|
| (
us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted
average remaining contractual term for vested portions of options
outstanding and currently exercisable or convertible, in
'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| Fair value of debt |
|
|
|
|
|
|
|
|
3,815 |
|
|
|
|
|
|
|
57,414 |
|
|
|
| (
us-gaap:NotesPayableFairValueDisclosure ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fair
value portion of notes payable. |
|
| Fair value of warrants |
|
|
|
|
|
|
|
|
1,185 |
|
|
|
|
|
|
|
14,086 |
|
|
|
| (
us-gaap:DerivativeLiabilities ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fair
value, after the effects of master netting arrangements, of a
financial liability or contract with one or more underlyings,
notional amount or payment provision or both, and the contract can
be net settled by means outside the contract or delivery of an
asset. Includes liabilities not subject to a master netting
arrangement and not elected to be offset. |
|
| Expected life |
|
|
|
|
|
|
|
|
|
|
P5Y |
|
|
|
|
|
|
|
P5Y |
|
| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedTerm1
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Period
an equity-based award is expected to be outstanding, in
'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| Expected volatility |
|
|
|
|
|
|
|
|
|
|
1.85 |
|
|
|
|
|
|
|
2.45 |
|
| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedVolatilityRate
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
estimated measure of the percentage amount by which a share price is
expected to fluctuate during the expected term of a nonvested share
or option award issued to other than an employee. |
|
| Risk-free interest rate |
|
|
|
|
|
|
|
|
|
|
0.01 |
|
|
|
|
|
|
|
0.0118 |
|
| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodRiskFreeInterestRate
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
risk-free interest rate assumption that is used in valuing a
nonvested share or option award issued to other than an employee. |
|
| Expected dividend yield |
|
|
|
|
|
|
|
|
|
|
0.00 |
|
|
|
|
|
|
|
0.00 |
|
| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedDividendRate
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
estimated dividend rate (a percentage of the share price) to be paid
(expected dividends) to holders of the underlying shares over the
expected term of a nonvested share or option award issued to other
than an employee. |
|
| Amortization of debt discount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:AmortizationOfDebtDiscountPremium ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of noncash expense included in interest expense to amortize debt
discount and premium associated with the related debt instruments.
Excludes amortization of financing costs. Alternate captions include
noncash interest expense. |
|
| Impairment of mineral properties |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:ImpairmentOfOilAndGasProperties ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
expense recorded to reduce the value of oil and gas assets
consisting of proved properties and unproved properties as the
estimate of future successful production from these properties is
reduced. |
|
| |
| Table continued from above |
| |
| Disclosure - NOTES PAYABLE (Details
Narrative) (USD $) |
|
|
|
0 Months
Ended |
|
0 Months
Ended |
|
0 Months
Ended |
|
|
| (
us-gaap:DebtDisclosureAbstract ) |
|
|
|
|
|
|
|
|
|
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2016 |
Nov. 1, 2016 |
Nov. 1, 2016 |
Nov. 1, 2016 |
Nov. 1, 2016 |
Nov. 1, 2016 |
Nov. 1, 2016 |
Aug. 31, 2017 |
Dec. 12, 2016 |
| ( us-gaap:DebtInstrumentAxis
) |
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| Information
by type of debt instrument, including, but not limited to, draws
against credit facilities. |
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| |
Director Loans 9/1/2016 [Member] |
Director Loans 9/1/2016 [Member] |
Director Loan 11/1/2016 #1 [Member] |
Director Loan 11/1/2016 #1 [Member] |
Director Loan 11/1/2016 #2 [Member] |
Director Loan 11/1/2016 #2 [Member] |
Director Loans 11/1/2016 [Member] |
Director Loans 11/1/2016 [Member] |
Director Loans 11/1/2016 [Member] |
Director Loan 12/12/2016 [Member] |
| (
us-gaap:DebtInstrumentNameDomain ) |
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| The
name for the particular debt instrument or borrowing that
distinguishes it from other debt instruments or borrowings,
including draws against credit facilities. |
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| Periodic payment |
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| (
us-gaap:DebtInstrumentPeriodicPayment ) |
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| Amount
of the required periodic payments including both interest and
principal payments. |
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| Number of payments |
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| ( custom:NumberOfPayment
[Extension] ) |
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| The
number of payments. |
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| Number of loans |
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2 |
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| ( custom:NumberOfLoans
[Extension] ) |
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| The
number of loans. |
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| Number of directors |
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2 |
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| ( custom:NumberOfDirectors
[Extension] ) |
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| Number
of directors in debt instruments. |
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| Imputed interest rate |
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| (
us-gaap:DebtInstrumentInterestRateEffectivePercentage ) |
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| Effective
interest rate for the funds borrowed under the debt agreement
considering interest compounding and original issue discount or
premium. |
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| Note payable face amount |
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4,000 |
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1,000 |
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15,000 |
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| (
us-gaap:DebtInstrumentFaceAmount ) |
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| Face
(par) amount of debt instrument at time of issuance. |
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| Current portion of note payable |
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| ( us-gaap:NotesPayableCurrent
) |
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| Sum
of the carrying values as of the balance sheet date of the portions
of long-term notes payable due within one year or the operating
cycle if longer. |
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| Notes payable - related party, net
of discounts |
71,500 |
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71,500 |
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5,000 |
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| (
us-gaap:NotesPayableRelatedPartiesClassifiedCurrent ) |
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| The
amount for notes payable (written promise to pay), due to related
parties. Used to reflect the current portion of the liabilities (due
within one year or within the normal operating cycle if longer). |
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| Accrued interest payable |
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| (
us-gaap:InterestPayableCurrentAndNoncurrent ) |
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| Amount
of interest payable on debt, including, but not limited to, trade
payables. |
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| Amount of lease payment in
default |
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| (
custom:AmountOfLeasePaymentInDefault [Extension] ) |
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| The
amount of lease payment in deafult at end of reporting period. |
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| Maturity date |
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| (
us-gaap:DebtInstrumentMaturityDate ) |
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| Date
when the debt instrument is scheduled to be fully repaid, in
CCYY-MM-DD format. |
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| Debt term |
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| ( us-gaap:DebtInstrumentTerm
) |
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| Period
of time between issuance and maturity of debt instrument, in
PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
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| Proceeds from loan payable |
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| (
us-gaap:ProceedsFromIssuanceOfLongTermDebt ) |
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| The
cash inflow from a debt initially having maturity due after one year
or beyond the operating cycle, if longer. |
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| Common stock warrants granted |
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8,000 |
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2,000 |
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| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
) |
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| Net
number of non-option equity instruments granted to participants. |
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| Warrants, exercise price |
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0.10 |
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0.10 |
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| (
us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
) |
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| Exercise
price per share or per unit of warrants or rights outstanding. |
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| Warrant term |
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P5Y |
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| (
us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
) |
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| Weighted
average remaining contractual term for vested portions of options
outstanding and currently exercisable or convertible, in
'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
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| Fair value of debt |
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10,467 |
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| (
us-gaap:NotesPayableFairValueDisclosure ) |
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| Fair
value portion of notes payable. |
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| Fair value of warrants |
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1,057 |
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4,563 |
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| (
us-gaap:DerivativeLiabilities ) |
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| Fair
value, after the effects of master netting arrangements, of a
financial liability or contract with one or more underlyings,
notional amount or payment provision or both, and the contract can
be net settled by means outside the contract or delivery of an
asset. Includes liabilities not subject to a master netting
arrangement and not elected to be offset. |
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| Expected life |
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P5Y |
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| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedTerm1
) |
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| Period
an equity-based award is expected to be outstanding, in
'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
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| Expected volatility |
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1.81 |
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| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedVolatilityRate
) |
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| The
estimated measure of the percentage amount by which a share price is
expected to fluctuate during the expected term of a nonvested share
or option award issued to other than an employee. |
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| Risk-free interest rate |
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0.0130 |
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| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodRiskFreeInterestRate
) |
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| The
risk-free interest rate assumption that is used in valuing a
nonvested share or option award issued to other than an employee. |
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| Expected dividend yield |
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0.00 |
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| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedDividendRate
) |
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| The
estimated dividend rate (a percentage of the share price) to be paid
(expected dividends) to holders of the underlying shares over the
expected term of a nonvested share or option award issued to other
than an employee. |
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| Amortization of debt discount |
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| (
us-gaap:AmortizationOfDebtDiscountPremium ) |
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| Amount
of noncash expense included in interest expense to amortize debt
discount and premium associated with the related debt instruments.
Excludes amortization of financing costs. Alternate captions include
noncash interest expense. |
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| Impairment of mineral properties |
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| (
us-gaap:ImpairmentOfOilAndGasProperties ) |
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| The
expense recorded to reduce the value of oil and gas assets
consisting of proved properties and unproved properties as the
estimate of future successful production from these properties is
reduced. |
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| |
| Table continued from above |
| |
| Disclosure - NOTES PAYABLE (Details
Narrative) (USD $) |
0 Months
Ended |
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|
0 Months
Ended |
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|
3 Months
Ended |
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| (
us-gaap:DebtDisclosureAbstract ) |
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| |
Dec. 12, 2016 |
Aug. 31, 2017 |
Jan. 12, 2017 |
Jan. 12, 2017 |
Aug. 31, 2017 |
May. 31, 2017 |
May. 31, 2017 |
May. 31, 2017 |
May. 31, 2017 |
Aug. 31, 2017 |
| ( us-gaap:DebtInstrumentAxis
) |
|
|
|
|
|
|
|
|
|
|
| Information
by type of debt instrument, including, but not limited to, draws
against credit facilities. |
|
| |
Director Loan 12/12/2016 [Member] |
Director Loan 12/12/2016 [Member] |
Director and Officer Loans 1/12/2017 [Member] |
Director and Officer Loans 1/12/2017 [Member] |
Director and Officer Loans 1/12/2017 [Member] |
Director Loans Qtr 5/31/2017 [Member]
Lower Range
[Member] |
Director Loans Qtr 5/31/2017 [Member]
Upper Range
[Member] |
Director Loans Qtr 5/31/2017 [Member] |
Director Loans Qtr 5/31/2017 [Member] |
Director Loans Qtr 5/31/2017 [Member] |
| (
us-gaap:DebtInstrumentNameDomain ) |
|
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|
|
|
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|
|
| The
name for the particular debt instrument or borrowing that
distinguishes it from other debt instruments or borrowings,
including draws against credit facilities. |
|
| Periodic payment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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| (
us-gaap:DebtInstrumentPeriodicPayment ) |
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|
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|
|
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|
|
|
| Amount
of the required periodic payments including both interest and
principal payments. |
|
| Number of payments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
| ( custom:NumberOfPayment
[Extension] ) |
|
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|
|
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|
|
|
|
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| The
number of payments. |
|
| Number of loans |
|
|
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|
2 |
|
|
|
|
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|
8 |
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| ( custom:NumberOfLoans
[Extension] ) |
|
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|
|
|
|
|
|
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|
|
| The
number of loans. |
|
| Number of directors |
|
|
|
|
|
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|
|
|
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|
2 |
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|
| ( custom:NumberOfDirectors
[Extension] ) |
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| Number
of directors in debt instruments. |
|
| Imputed interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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| (
us-gaap:DebtInstrumentInterestRateEffectivePercentage ) |
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| Effective
interest rate for the funds borrowed under the debt agreement
considering interest compounding and original issue discount or
premium. |
|
| Note payable face amount |
|
|
|
|
20,000 |
|
|
|
|
|
|
|
|
|
47,500 |
|
|
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|
| (
us-gaap:DebtInstrumentFaceAmount ) |
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| Face
(par) amount of debt instrument at time of issuance. |
|
| Current portion of note payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( us-gaap:NotesPayableCurrent
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Sum
of the carrying values as of the balance sheet date of the portions
of long-term notes payable due within one year or the operating
cycle if longer. |
|
| Notes payable - related party, net
of discounts |
|
|
15,000 |
|
|
|
|
|
20,000 |
|
|
|
|
|
|
|
|
|
47,500 |
|
| (
us-gaap:NotesPayableRelatedPartiesClassifiedCurrent ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
amount for notes payable (written promise to pay), due to related
parties. Used to reflect the current portion of the liabilities (due
within one year or within the normal operating cycle if longer). |
|
| Accrued interest payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:InterestPayableCurrentAndNoncurrent ) |
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of interest payable on debt, including, but not limited to, trade
payables. |
|
| Amount of lease payment in
default |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:AmountOfLeasePaymentInDefault [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
| The
amount of lease payment in deafult at end of reporting period. |
|
| Maturity date |
2017-06-12 |
|
|
|
|
|
2017-07-12 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:DebtInstrumentMaturityDate ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Date
when the debt instrument is scheduled to be fully repaid, in
CCYY-MM-DD format. |
|
| Debt term |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ( us-gaap:DebtInstrumentTerm
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Period
of time between issuance and maturity of debt instrument, in
PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| Proceeds from loan payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:ProceedsFromIssuanceOfLongTermDebt ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
cash inflow from a debt initially having maturity due after one year
or beyond the operating cycle, if longer. |
|
| Common stock warrants granted |
60,000 |
|
|
|
|
|
40,000 |
|
|
|
|
|
|
|
|
|
190,000 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
) |
|
|
|
|
|
|
|
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|
|
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|
|
|
|
|
|
|
|
| Net
number of non-option equity instruments granted to participants. |
|
| Warrants, exercise price |
|
|
|
|
0.10 |
|
|
|
|
|
0.17 |
|
0.21 |
|
|
|
|
|
|
|
| (
us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise
price per share or per unit of warrants or rights outstanding. |
|
| Warrant term |
P5Y |
|
|
|
|
|
P5Y |
|
|
|
|
|
|
|
|
|
P5Y |
|
|
|
| (
us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted
average remaining contractual term for vested portions of options
outstanding and currently exercisable or convertible, in
'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| Fair value of debt |
|
|
|
|
13,542 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:NotesPayableFairValueDisclosure ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fair
value portion of notes payable. |
|
| Fair value of warrants |
|
|
|
|
6,458 |
|
|
|
|
|
|
|
|
|
39,557 |
|
|
|
|
|
| (
us-gaap:DerivativeLiabilities ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fair
value, after the effects of master netting arrangements, of a
financial liability or contract with one or more underlyings,
notional amount or payment provision or both, and the contract can
be net settled by means outside the contract or delivery of an
asset. Includes liabilities not subject to a master netting
arrangement and not elected to be offset. |
|
| Expected life |
P5Y |
|
|
|
|
|
P5Y |
|
|
|
|
|
|
|
|
|
P5Y |
|
|
|
| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedTerm1
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Period
an equity-based award is expected to be outstanding, in
'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| Expected volatility |
2.41 |
|
|
|
|
|
2.40 |
|
|
|
|
|
|
|
|
|
2.34 |
|
|
|
| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedVolatilityRate
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
estimated measure of the percentage amount by which a share price is
expected to fluctuate during the expected term of a nonvested share
or option award issued to other than an employee. |
|
| Risk-free interest rate |
0.0190 |
|
|
|
|
|
0.0187 |
|
|
|
|
|
|
|
|
|
0.0175 |
|
|
|
| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodRiskFreeInterestRate
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
risk-free interest rate assumption that is used in valuing a
nonvested share or option award issued to other than an employee. |
|
| Expected dividend yield |
0.00 |
|
|
|
|
|
0.00 |
|
|
|
|
|
|
|
|
|
0.00 |
|
|
|
| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedDividendRate
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
estimated dividend rate (a percentage of the share price) to be paid
(expected dividends) to holders of the underlying shares over the
expected term of a nonvested share or option award issued to other
than an employee. |
|
| Amortization of debt discount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:AmortizationOfDebtDiscountPremium ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of noncash expense included in interest expense to amortize debt
discount and premium associated with the related debt instruments.
Excludes amortization of financing costs. Alternate captions include
noncash interest expense. |
|
| Impairment of mineral properties |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:ImpairmentOfOilAndGasProperties ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The
expense recorded to reduce the value of oil and gas assets
consisting of proved properties and unproved properties as the
estimate of future successful production from these properties is
reduced. |
|
| |
| Table continued from above |
| |
| Disclosure - NOTES PAYABLE (Details
Narrative) (USD $) |
|
3 Months
Ended |
|
|
12
Months Ended |
|
| (
us-gaap:DebtDisclosureAbstract ) |
|
|
|
|
|
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2017 |
Aug. 31, 2017 |
| ( us-gaap:DebtInstrumentAxis
) |
|
|
|
|
|
|
| Information
by type of debt instrument, including, but not limited to, draws
against credit facilities. |
|
| |
Director Loans Qtr 8/31/2017 [Member] |
Director Loans Qtr 8/31/2017 [Member] |
Director Loans Qtr 8/31/2017 [Member]
Lower Range
[Member] |
Director Loans Qtr 8/31/2017 [Member]
Upper Range
[Member] |
|
|
| (
us-gaap:DebtInstrumentNameDomain ) |
|
|
|
|
|
|
| The
name for the particular debt instrument or borrowing that
distinguishes it from other debt instruments or borrowings,
including draws against credit facilities. |
|
| Periodic payment |
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:DebtInstrumentPeriodicPayment ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of the required periodic payments including both interest and
principal payments. |
|
| Number of payments |
|
|
|
|
|
|
|
|
|
|
|
|
| ( custom:NumberOfPayment
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
| The
number of payments. |
|
| Number of loans |
7 |
|
|
|
|
|
|
|
|
|
|
|
| ( custom:NumberOfLoans
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
| The
number of loans. |
|
| Number of directors |
2 |
|
|
|
|
|
|
|
|
|
|
|
| ( custom:NumberOfDirectors
[Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Number
of directors in debt instruments. |
|
| Imputed interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:DebtInstrumentInterestRateEffectivePercentage ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Effective
interest rate for the funds borrowed under the debt agreement
considering interest compounding and original issue discount or
premium. |
|
| Note payable face amount |
82,165 |
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:DebtInstrumentFaceAmount ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Face
(par) amount of debt instrument at time of issuance. |
|
| Current portion of note payable |
|
|
|
|
|
|
|
|
|
|
260,387 |
|
| ( us-gaap:NotesPayableCurrent
) |
|
|
|
|
|
|
|
|
|
|
|
|
| Sum
of the carrying values as of the balance sheet date of the portions
of long-term notes payable due within one year or the operating
cycle if longer. |
|
| Notes payable - related party, net
of discounts |
|
|
|
|
|
|
|
|
|
|
246,165 |
|
| (
us-gaap:NotesPayableRelatedPartiesClassifiedCurrent ) |
|
|
|
|
|
|
|
|
|
|
|
|
| The
amount for notes payable (written promise to pay), due to related
parties. Used to reflect the current portion of the liabilities (due
within one year or within the normal operating cycle if longer). |
|
| Accrued interest payable |
82,165 |
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:InterestPayableCurrentAndNoncurrent ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of interest payable on debt, including, but not limited to, trade
payables. |
|
| Amount of lease payment in
default |
|
|
|
|
|
|
|
|
|
|
|
|
| (
custom:AmountOfLeasePaymentInDefault [Extension] ) |
|
|
|
|
|
|
|
|
|
|
|
|
| The
amount of lease payment in deafult at end of reporting period. |
|
| Maturity date |
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:DebtInstrumentMaturityDate ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Date
when the debt instrument is scheduled to be fully repaid, in
CCYY-MM-DD format. |
|
| Debt term |
|
|
|
|
|
|
|
|
|
|
|
|
| ( us-gaap:DebtInstrumentTerm
) |
|
|
|
|
|
|
|
|
|
|
|
|
| Period
of time between issuance and maturity of debt instrument, in
PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| Proceeds from loan payable |
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:ProceedsFromIssuanceOfLongTermDebt ) |
|
|
|
|
|
|
|
|
|
|
|
|
| The
cash inflow from a debt initially having maturity due after one year
or beyond the operating cycle, if longer. |
|
| Common stock warrants granted |
|
|
328,660 |
|
|
|
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
) |
|
|
|
|
|
|
|
|
|
|
|
|
| Net
number of non-option equity instruments granted to participants. |
|
| Warrants, exercise price |
|
|
|
|
0.20 |
|
0.23 |
|
|
|
|
|
| (
us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
) |
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise
price per share or per unit of warrants or rights outstanding. |
|
| Warrant term |
|
|
P5Y |
|
|
|
|
|
|
|
|
|
| (
us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
) |
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted
average remaining contractual term for vested portions of options
outstanding and currently exercisable or convertible, in
'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| Fair value of debt |
|
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:NotesPayableFairValueDisclosure ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Fair
value portion of notes payable. |
|
| Fair value of warrants |
65,137 |
|
|
|
|
|
|
|
|
|
|
|
| (
us-gaap:DerivativeLiabilities ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Fair
value, after the effects of master netting arrangements, of a
financial liability or contract with one or more underlyings,
notional amount or payment provision or both, and the contract can
be net settled by means outside the contract or delivery of an
asset. Includes liabilities not subject to a master netting
arrangement and not elected to be offset. |
|
| Expected life |
|
|
P5Y |
|
|
|
|
|
|
|
|
|
| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedTerm1
) |
|
|
|
|
|
|
|
|
|
|
|
|
| Period
an equity-based award is expected to be outstanding, in
'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| Expected volatility |
|
|
1.69 |
|
|
|
|
|
|
|
|
|
| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedVolatilityRate
) |
|
|
|
|
|
|
|
|
|
|
|
|
| The
estimated measure of the percentage amount by which a share price is
expected to fluctuate during the expected term of a nonvested share
or option award issued to other than an employee. |
|
| Risk-free interest rate |
|
|
0.0175 |
|
|
|
|
|
|
|
|
|
| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodRiskFreeInterestRate
) |
|
|
|
|
|
|
|
|
|
|
|
|
| The
risk-free interest rate assumption that is used in valuing a
nonvested share or option award issued to other than an employee. |
|
| Expected dividend yield |
|
|
0.00 |
|
|
|
|
|
|
|
|
|
| (
us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedDividendRate
) |
|
|
|
|
|
|
|
|
|
|
|
|
| The
estimated dividend rate (a percentage of the share price) to be paid
(expected dividends) to holders of the underlying shares over the
expected term of a nonvested share or option award issued to other
than an employee. |
|
| Amortization of debt discount |
|
|
|
|
|
|
|
|
25,107 |
|
|
|
| (
us-gaap:AmortizationOfDebtDiscountPremium ) |
|
|
|
|
|
|
|
|
|
|
|
|
| Amount
of noncash expense included in interest expense to amortize debt
discount and premium associated with the related debt instruments.
Excludes amortization of financing costs. Alternate captions include
noncash interest expense. |
|
| Impairment of mineral properties |
|
|
|
|
|
|
|
|
1,394,852 |
|
|
|
| (
us-gaap:ImpairmentOfOilAndGasProperties ) |
|
|
|
|
|
|
|
|
|
|
|
|
| The
expense recorded to reduce the value of oil and gas assets
consisting of proved properties and unproved properties as the
estimate of future successful production from these properties is
reduced. |
| |
| (End Disclosure - NOTES PAYABLE (Details
Narrative)) |
| |
| Disclosure - INCOME TAXES (Details
Narrative) |
| Disclosure - INCOME TAXES (Details
Narrative) (USD $) |
12 Months Ended |
|
| (
us-gaap:IncomeTaxDisclosureAbstract ) |
|
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2017 |
| |
|
|
| |
|
| |
|
|
| |
|
|
| |
|
| Federal statutory rate |
0.34 |
|
|
|
| (
us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
) |
|
|
|
|
| Percentage
of domestic federal statutory tax rate applicable to pretax income
(loss). |
|
| Net operating loss carryforward |
|
|
14,085,547 |
|
| (
us-gaap:OperatingLossCarryforwards ) |
|
|
|
|
| Amount
of operating loss carryforward, before tax effects, available to
reduce future taxable income under enacted tax laws. |
|
| Net operating loss carryforward,
expiration date |
2022-12-31 |
|
|
|
| (
us-gaap:OperatingLossCarryforwardsExpirationDate ) |
|
|
|
|
| Expiration
date of each operating loss carryforward included in operating loss
carryforward, in CCYY-MM-DD format. |
| |
| (End Disclosure - INCOME TAXES (Details
Narrative)) |
| |
| Disclosure - INCOME TAXES (Details) |
| Disclosure - INCOME TAXES (Details)
(USD $) |
12
Months Ended |
| (
us-gaap:IncomeTaxDisclosureAbstract ) |
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2016 |
| |
|
|
| |
|
| |
|
|
| |
|
|
| |
|
| Reconciliation of federal income
tax |
|
|
|
|
| (
us-gaap:EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract
) |
|
|
|
|
| |
|
| Loss before
provision for income taxes |
(2,135,126 |
) |
(1,213,939 |
) |
| (
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
) |
|
|
|
|
| Amount
of income (loss) from continuing operations before deduction of
income tax expense (benefit) and income (loss) attributable to
noncontrolling interest, and addition of income (loss) from equity
method investments. |
|
| Income tax
benefit at 34% statutory rate |
725,943 |
|
412,739 |
|
| (
us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
) |
|
|
|
|
| The
amount of income tax expense or benefit for the period computed by
applying the domestic federal statutory tax rates to pretax income
from continuing operations. |
|
| Non-deductible
business meals and entertainment |
(193 |
) |
(206 |
) |
| (
us-gaap:IncomeTaxReconciliationNondeductibleExpenseOther ) |
|
|
|
|
| Amount
of the difference between reported income tax expense (benefit) and
expected income tax expense (benefit) computed by applying the
domestic federal statutory income tax rates to pretax income (loss)
from continuing operations attributable to other nondeductible
expenses. |
|
| Increase in
valuation allowance |
(725,750 |
) |
(412,533 |
) |
| (
us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
) |
|
|
|
|
| Amount
of the difference between reported income tax expense (benefit) and
expected income tax expense (benefit) computed by applying the
domestic federal statutory income tax rates to pretax income (loss)
from continuing operations attributable to increase (decrease) in
the valuation allowance for deferred tax assets. |
|
| Tax
benefit |
|
|
|
|
| (
us-gaap:IncomeTaxExpenseBenefit ) |
|
|
|
|
| Amount
of current income tax expense (benefit) and deferred income tax
expense (benefit) pertaining to continuing operations. |
| |
| (End Disclosure - INCOME TAXES (Details)) |
| |
| Disclosure - INCOME TAXES (Details
1) |
| Disclosure - INCOME TAXES (Details 1)
(USD $) |
|
|
| (
us-gaap:IncomeTaxDisclosureAbstract ) |
|
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2016 |
| |
|
|
| |
|
| |
|
|
| |
|
|
| |
|
| Deferred tax asset: |
|
|
|
|
| (
us-gaap:ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract
) |
|
|
|
|
| |
|
| Net
operating loss carryfoward |
4,364,324 |
|
4,189,910 |
|
| (
us-gaap:DeferredTaxAssetsOperatingLossCarryforwards ) |
|
|
|
|
| Amount
before allocation of valuation allowances of deferred tax asset
attributable to deductible operating loss carryforwards. |
|
| Stock-based
compensation |
1,694,459 |
|
1,649,967 |
|
| (
us-gaap:DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
) |
|
|
|
|
| Amount
before allocation of valuation allowances of deferred tax asset
attributable to deductible temporary differences from share-based
compensation. |
|
| Assets,
exploration cost, depreciation and amortization |
3,734,534 |
|
3,703,770 |
|
| (
us-gaap:DeferredTaxAssetsPropertyPlantAndEquipment ) |
|
|
|
|
| Amount
before allocation of valuation allowances of deferred tax asset
attributable to deductible temporary differences from property,
plant, and equipment. |
|
| Impairment
of surface lease |
474,070 |
|
|
|
| (
us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses
) |
|
|
|
|
| Amount
before allocation of valuation allowances of deferred tax asset
attributable to deductible temporary differences from estimated
impairment losses. |
|
| Less:
valuation allowance |
(10,267,388 |
) |
(9,543,646 |
) |
| (
us-gaap:DeferredTaxAssetsValuationAllowance ) |
|
|
|
|
| Amount
of deferred tax assets for which it is more likely than not that a
tax benefit will not be realized. |
|
| Net deferred
tax asset |
|
|
|
|
| (
us-gaap:DeferredTaxAssetsNet ) |
|
|
|
|
| Amount
after allocation of valuation allowances of deferred tax asset
attributable to deductible temporary differences and
carryforwards. |
| |
| (End Disclosure - INCOME TAXES (Details
1)) |
| |
| Disclosure - SHAREHOLDERS' EQUITY (Details
Narrative) |
| Disclosure - SHAREHOLDERS' EQUITY
(Details Narrative) (USD $) |
12
Months Ended |
|
| ( us-gaap:EquityAbstract
) |
|
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2017 |
| (
us-gaap:TitleOfIndividualAxis ) |
|
|
| Information
by title of individual or nature of relationship to individual or
group of individuals. |
|
| |
Consultant [Member] |
|
| (
us-gaap:TitleOfIndividualWithRelationshipToEntityDomain ) |
|
|
| Title
of individual, or nature of relationship to individual or group of
individuals. |
|
| Common stock, shares authorized |
|
|
100,000,000 |
|
| (
us-gaap:CommonStockSharesAuthorized ) |
|
|
|
|
| The
maximum number of common shares permitted to be issued by an
entity's charter and bylaws. |
|
| Common stock, par value |
|
|
0.01 |
|
| (
us-gaap:CommonStockParOrStatedValuePerShare ) |
|
|
|
|
| Face
amount or stated value per share of common stock. |
|
| Preferred stock, shares
authorized |
|
|
10,000,000 |
|
| (
us-gaap:PreferredStockSharesAuthorized ) |
|
|
|
|
| The
maximum number of nonredeemable preferred shares (or preferred stock
redeemable solely at the option of the issuer) permitted to be
issued by an entity's charter and bylaws. |
|
| Preferred stock, par value |
|
|
0.001 |
|
| (
us-gaap:PreferredStockParOrStatedValuePerShare ) |
|
|
|
|
| Face
amount or stated value per share of preferred stock nonredeemable or
redeemable solely at the option of the issuer. |
|
| Common stock, shares outstanding |
|
|
44,941,532 |
|
| (
us-gaap:CommonStockSharesOutstanding ) |
|
|
|
|
| Number
of shares of common stock outstanding. Common stock represent the
ownership interest in a corporation. |
|
| Stock based compensation -
options |
12,285 |
|
|
|
| (
us-gaap:IssuanceOfStockAndWarrantsForServicesOrClaims ) |
|
|
|
|
| Fair
value of share-based compensation granted to nonemployees as payment
for services rendered or acknowledged claims. |
|
| Stock options issued to outside
consultant (shares) |
90,000 |
|
|
|
| (
us-gaap:StockIssuedDuringPeriodSharesIssuedForServices ) |
|
|
|
|
| Number
of shares issued in lieu of cash for services contributed to the
entity. Number of shares includes, but is not limited to, shares
issued for services contributed by vendors and founders. |
| |
| (End Disclosure - SHAREHOLDERS' EQUITY (Details
Narrative)) |
| |
| Disclosure - SHAREHOLDERS' EQUITY
(Details) |
| Disclosure - SHAREHOLDERS' EQUITY
(Details) (Stock Options [Member], USD $) |
12
Months Ended |
| ( us-gaap:EquityAbstract
) |
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2016 |
Aug. 31, 2015 |
| ( us-gaap:AwardTypeAxis
) |
|
|
|
| Information
by award type pertaining to equity-based compensation. |
|
| |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain
) |
|
|
|
| Equity-based
compensation award. |
|
| Stock Options |
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward
) |
|
|
|
|
|
|
| A
roll forward is a reconciliation of a concept from the beginning of
a period to the end of a period. |
|
| Outstanding,
beginning |
5,635,000 |
|
6,290,000 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
) |
|
|
|
|
|
|
| Number
of options outstanding, including both vested and non-vested
options. |
|
| Options
granted |
120,000 |
|
120,000 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
) |
|
|
|
|
|
|
| Gross
number of share options (or share units) granted during the
period. |
|
| Options
exercised |
|
|
|
|
|
|
| (
us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised
) |
|
|
|
|
|
|
| Number
of share options (or share units) exercised during the current
period. |
|
| Options
cancelled/forfeited/expired |
|
|
(775,000 |
) |
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
) |
|
|
|
|
|
|
| For
presentations that combine terminations, the number of shares under
options that were cancelled during the reporting period as a result
of occurrence of a terminating event specified in contractual
agreements pertaining to the stock option plan or that expired. |
|
| Outstanding,
ending |
5,755,000 |
|
5,635,000 |
|
6,290,000 |
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
) |
|
|
|
|
|
|
| Number
of options outstanding, including both vested and non-vested
options. |
|
| Vested,
ending |
5,755,000 |
|
5,635,000 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
) |
|
|
|
|
|
|
| As
of the balance sheet date, the number of shares into which fully
vested and expected to vest stock options outstanding can be
converted under the option plan. |
|
| Exercisable,
ending |
5,755,000 |
|
5,635,000 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
) |
|
|
|
|
|
|
| The
number of shares into which fully or partially vested stock options
outstanding as of the balance sheet date can be currently converted
under the option plan. |
|
| Weighted Average Exercise Price |
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward
) |
|
|
|
|
|
|
| |
|
| Outstanding,
beginning |
0.61 |
|
0.94 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
) |
|
|
|
|
|
|
| Weighted
average price at which grantees can acquire the shares reserved for
issuance under the stock option plan. |
|
| Options
granted |
0.30 |
|
0.30 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
) |
|
|
|
|
|
|
| Weighted
average per share amount at which grantees can acquire shares of
common stock by exercise of options. |
|
| Options
exercised |
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
) |
|
|
|
|
|
|
| Weighted
average price at which option holders acquired shares when
converting their stock options into shares. |
|
| Options
cancelled/forfeited/expired |
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
) |
|
|
|
|
|
|
| Weighted
average price of options that were either forfeited or expired. |
|
| Outstanding,
ending |
0.60 |
|
0.61 |
|
0.94 |
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
) |
|
|
|
|
|
|
| Weighted
average price at which grantees can acquire the shares reserved for
issuance under the stock option plan. |
|
| Vested,
ending |
0.60 |
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
) |
|
|
|
|
|
|
| As
of the balance sheet date, the weighted-average exercise price for
outstanding stock options that are fully vested or expected to
vest. |
|
| Exercisable,
ending |
0.60 |
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
) |
|
|
|
|
|
|
| The
weighted-average price as of the balance sheet date at which
grantees can acquire the shares reserved for issuance on vested
portions of options outstanding and currently exercisable under the
stock option plan. |
|
| Weighted Average Remaining Contractual
Life (In Years) |
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdditionalDisclosuresAbstract
) |
|
|
|
|
|
|
| |
|
| Outstanding |
P2Y7M2D |
|
P3Y5M5D |
|
P4Y8M2D |
|
| (
us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
) |
|
|
|
|
|
|
| Weighted
average remaining contractual term for option awards outstanding, in
'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| Options
granted |
P4Y6M10D |
|
P4Y6M10D |
|
|
|
| (
custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardGrantsInPeriodWeightedAverageRemainingContractualTerm
[Extension] ) |
|
|
|
|
|
|
| The
remaining contractual term for grants during the period. |
|
| Vested,
ending |
P2Y7M2D |
|
P3Y5M5D |
|
|
|
| (
us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
) |
|
|
|
|
|
|
| Weighted
average remaining contractual term for fully vested and expected to
vest options outstanding, in 'PnYnMnDTnHnMnS' format, for example,
'P1Y5M13D' represents the reported fact of one year, five months,
and thirteen days. |
|
| Exercisable,
ending |
P2Y7M2D |
|
P3Y5M5D |
|
|
|
| (
us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
) |
|
|
|
|
|
|
| Weighted
average remaining contractual term for vested portions of options
outstanding and currently exercisable or convertible, in
'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| Grant Date Fair Value |
|
|
|
|
|
|
| (
us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValueAbstract
) |
|
|
|
|
|
|
| |
|
| Outstanding,
beginning |
11,784,003 |
|
11,764,532 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
) |
|
|
|
|
|
|
| Amount
by which the current fair value of the underlying stock exceeds the
exercise price of options outstanding. |
|
| Options
granted |
18,907 |
|
19,471 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
) |
|
|
|
|
|
|
| Amount
of accumulated difference between fair value of underlying shares on
dates of exercise and exercise price on options exercised (or share
units converted) into shares. |
|
| Outstanding,
ending |
11,802,910 |
|
11,784,003 |
|
11,764,532 |
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
) |
|
|
|
|
|
|
| Amount
by which the current fair value of the underlying stock exceeds the
exercise price of options outstanding. |
|
| Vested,
ending |
11,802,910 |
|
11,784,003 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
) |
|
|
|
|
|
|
| Amount
of difference between fair value of the underlying shares reserved
for issuance and exercise price of fully vested and expected to vest
options that are exercisable. |
| |
| (End Disclosure - SHAREHOLDERS' EQUITY
(Details)) |
| |
| Disclosure - SHAREHOLDERS' EQUITY (Details
1) |
| Disclosure - SHAREHOLDERS' EQUITY
(Details 1) (Warrants [Member], USD $) |
12
Months Ended |
| ( us-gaap:EquityAbstract
) |
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2016 |
Aug. 31, 2015 |
| ( us-gaap:AwardTypeAxis
) |
|
|
|
| Information
by award type pertaining to equity-based compensation. |
|
| |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain
) |
|
|
|
| Equity-based
compensation award. |
|
| Warrants |
|
|
|
|
|
|
| ( custom:WarrantsAbstract
[Extension] ) |
|
|
|
|
|
|
| |
|
| Outstanding,
beginning |
15,309,550 |
|
18,291,550 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
) |
|
|
|
|
|
|
| Number
of equity instruments other than options outstanding, including both
vested and non-vested instruments. |
|
| Granted |
815,660 |
|
6,605,000 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
) |
|
|
|
|
|
|
| Net
number of non-option equity instruments granted to participants. |
|
| Exercised |
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
) |
|
|
|
|
|
|
| Number
of non-option equity instruments exercised by participants. |
|
| Cancelled/forfeited/expired |
|
|
(9,587,000 |
) |
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
) |
|
|
|
|
|
|
| Number
of shares under non-option equity instrument agreements that were
either cancelled or expired. |
|
| Outstanding,
ending |
16,125,210 |
|
15,309,550 |
|
18,291,550 |
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
) |
|
|
|
|
|
|
| Number
of equity instruments other than options outstanding, including both
vested and non-vested instruments. |
|
| Vested and
Exercisable, ending |
16,125,210 |
|
15,309,550 |
|
|
|
| (
custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardWarrantsVestedAndExercisableNumber
[Extension] ) |
|
|
|
|
|
|
| The
number of shares into which fully vested and exercisable warrants
outstanding as of the balance sheet date can be currently
converted. |
|
| Weighted Average Exercise Price |
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward
) |
|
|
|
|
|
|
| |
|
| Outstanding,
beginning |
0.39 |
|
1.54 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedIntrinsicValue
) |
|
|
|
|
|
|
| Per
share weighted average intrinsic value of equity-based compensation
awards not vested. Excludes stock and unit options. |
|
| Granted |
0.17 |
|
0.35 |
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue
) |
|
|
|
|
|
|
| Per
share weighted average intrinsic value of equity-based compensation
awards granted. Excludes stock and unit options. |
|
| Outstanding,
ending |
0.38 |
|
0.39 |
|
1.54 |
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedIntrinsicValue
) |
|
|
|
|
|
|
| Per
share weighted average intrinsic value of equity-based compensation
awards not vested. Excludes stock and unit options. |
|
| Vested and
Exercisable, ending |
0.38 |
|
0.39 |
|
|
|
| (
custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardWarrantsVestedAndExercisableWeightedAverageExercisePrice
[Extension] ) |
|
|
|
|
|
|
| As
of the balance sheet date, the weighted-average exercise price for
outstanding warrants that are fully vested and exercisable. |
|
| Weighted Average Remaining Contractual
Life (In Years) |
|
|
|
|
|
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdditionalDisclosuresAbstract
) |
|
|
|
|
|
|
| |
|
| Outstanding |
P2Y9M29D |
|
P3Y9M |
|
P2Y4M13D |
|
| (
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
) |
|
|
|
|
|
|
| Weighted
average remaining contractual term for equity-based awards excluding
options, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D'
represents the reported fact of one year, five months, and thirteen
days. |
|
| Granted |
P4Y7M17D |
|
P4Y2M27D |
|
|
|
| (
custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardGrantsInPeriodWeightedAverageRemainingContractualTerms1
[Extension] ) |
|
|
|
|
|
|
| Weighted
average remaining contractual term for warrants granted. |
|
| Vested and
Exercisable |
P2Y9M29D |
|
P3Y9M |
|
|
|
| (
custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedExercisableWeightedAverageRemainingContractualTerms
[Extension] ) |
|
|
|
|
|
|
| Weighted
average remaining contractual term for vested and exercisable
equity-based awards excluding options, in 'PnYnMnDTnHnMnS'
format, |
|
| Grant Date Fair Value |
|
|
|
|
|
|
| (
custom:GrantDateFairValueAbstract [Extension] ) |
|
|
|
|
|
|
| |
|
| Outstanding,
beginning |
4,726,324 |
|
4,291,419 |
|
|
|
| (
us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
) |
|
|
|
|
|
|
| Intrinsic
value of equity-based compensation awards outstanding. Excludes
stock and unit options. |
|
| Granted |
130,858 |
|
434,905 |
|
|
|
| (
custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardWarrantGrantsInPeriodTotalIntrinsicValue
[Extension] ) |
|
|
|
|
|
|
| The
fair value at grant date for warrants issued during the period. |
|
| Qutstanding,
ending |
4,857,182 |
|
4,726,324 |
|
4,291,419 |
|
| (
us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
) |
|
|
|
|
|
|
| Intrinsic
value of equity-based compensation awards outstanding. Excludes
stock and unit options. |
|
| Vested and
Exercisable |
4,857,182 |
|
4,726,324 |
|
|
|
| (
custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsExercisableIntrinsicValue
[Extension] ) |
|
|
|
|
|
|
| Amount
of difference between fair value of the underlying shares reserved
for issuance and exercise price of warrants vested and
exercisable. |
| |
| (End Disclosure - SHAREHOLDERS' EQUITY (Details
1)) |
| |
| Disclosure - RELATED PARTY TRANSACTIONS
(Details Narrative) |
| Disclosure - RELATED PARTY
TRANSACTIONS (Details Narrative) (USD $) |
|
|
12
Months Ended |
| (
us-gaap:RelatedPartyTransactionsAbstract ) |
|
|
|
| |
|
| |
Aug. 31, 2017 |
Aug. 31, 2016 |
Aug. 31, 2017 |
| (
us-gaap:RelatedPartyTransactionsByRelatedPartyAxis ) |
|
|
|
| Information
by type of related party. Related parties include, but not limited
to, affiliates; other entities for which investments are accounted
for by the equity method by the entity; trusts for benefit of
employees; and principal owners, management, and members of
immediate families. It also may include other parties with which the
entity may control or can significantly influence the management or
operating policies of the other to an extent that one of the
transacting parties might be prevented from fully pursuing its own
separate interests. |
|
| |
|
|
Director [Member] |
| ( us-gaap:RelatedPartyDomain
) |
|
|
|
| Related
parties include affiliates; other entities for which investments are
accounted for by the equity method by the entity; trusts for benefit
of employees; and principal owners, management, and members of
immediate families. It also may include other parties with which the
entity may control or can significantly influence the management or
operating policies of the other to an extent that one of the
transacting parties might be prevented from fully pursuing its own
separate interests. |
|
| Advances - related party |
169,665 |
|
76,500 |
|
|
|
| (
us-gaap:DueToRelatedPartiesCurrent ) |
|
|
|
|
|
|
| Carrying
amount as of the balance sheet date of obligations due all related
parties. For classified balance sheets, represents the current
portion of such liabilities (due within one year or within the
normal operating cycle if longer). |
|
| Monthly rent paid to director |
|
|
|
|
1,600 |
|
| (
us-gaap:RelatedPartyTransactionAmountsOfTransaction ) |
|
|
|
|
|
|
| Amount
of transactions with related party during the financial reporting
period. |
| |
| (End Disclosure - RELATED PARTY TRANSACTIONS
(Details Narrative)) |
| Contexts |
| ID |
Period |
CIK |
Dimensions |
| I2015-08-31 |
2015-08-31 |
0001445942 |
|
| AsOf2017-08-31 |
2017-08-31 |
0001445942 |
|
| AsOf2016-08-31 |
2016-08-31 |
0001445942 |
|
| AsOf2013-03-06_custom_FoundationLeaseNote1Member |
2013-03-06 |
0001445942 |
us-gaap:DebtInstrumentAxis:
custom:FoundationLeaseNote1Member |
| AsOf2016-08-31_custom_FoundationLeaseNoteMember |
2016-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis:
custom:FoundationLeaseNoteMember |
| I2013-03-06_HudspethCountyTXMember_MiningPropertiesAndMineralRights2Member |
2013-03-06 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:HudspethCountyTXMember
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MiningPropertiesAndMineralRights2Member |
| From2016-09-01to2017-08-31 |
2016-09-01 - 2017-08-31 |
0001445942 |
|
| From2015-09-01to2016-08-31 |
2015-09-01 - 2016-08-31 |
0001445942 |
|
| From2016-09-01to2017-08-31_custom_ConsultantMember |
2016-09-01 - 2017-08-31 |
0001445942 |
us-gaap:TitleOfIndividualAxis: custom:ConsultantMember |
| AsOf2017-12-11 |
2017-12-11 |
0001445942 |
|
| AsOf2017-08-31_custom_MineralProperty2Member |
2017-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MineralProperty2Member |
| AsOf2017-08-31_custom_MineralProperty3Member |
2017-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MineralProperty3Member |
| AsOf2017-08-31_custom_MineralProperty4Member |
2017-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MineralProperty4Member |
| AsOf2017-08-31_custom_MineralProperty6Member |
2017-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MineralProperty6Member |
| AsOf2017-08-31_custom_MineralProperty7Member |
2017-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MineralProperty7Member |
| AsOf2017-08-31_custom_MineralProperty8Member |
2017-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MineralProperty8Member |
| I2011-09-02_RoundTopProjectMember_MiningPropertiesAndMineralRightsMember |
2011-09-02 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:RoundTopProjectMember
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
us-gaap:MiningPropertiesAndMineralRightsMember |
| D2011-08-02_To_2011-09-02_RoundTopProjectMember_MiningPropertiesAndMineralRightsMember |
2011-08-02 - 2011-09-02 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:RoundTopProjectMember
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
us-gaap:MiningPropertiesAndMineralRightsMember |
| D2011-10-01_To_2011-11-01_RoundTopProject1Member_MiningPropertiesAndMineralRights1Member |
2011-10-01 - 2011-11-01 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:RoundTopProject1Member
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MiningPropertiesAndMineralRights1Member |
| I2011-11-01_RoundTopProject1Member_MiningPropertiesAndMineralRights1Member |
2011-11-01 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:RoundTopProject1Member
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MiningPropertiesAndMineralRights1Member |
| From2017-08-01to2017-08-31_custom_RoundTopProjectMember_us-gaap_MiningPropertiesAndMineralRightsMember |
2017-08-01 - 2017-08-31 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:RoundTopProjectMember
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
us-gaap:MiningPropertiesAndMineralRightsMember |
| From2017-10-01to2017-10-31_custom_RoundTopProject1Member_custom_MiningPropertiesAndMineralRights1Member_us-gaap_SubsequentEventMember |
2017-10-01 - 2017-10-31 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:RoundTopProject1Member
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MiningPropertiesAndMineralRights1Member
us-gaap:SubsequentEventTypeAxis:
us-gaap:SubsequentEventMember |
| From2013-02-06to2013-03-06_custom_HudspethCountyTXMember_custom_MiningPropertiesAndMineralRights2Member |
2013-02-06 - 2013-03-06 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:HudspethCountyTXMember
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MiningPropertiesAndMineralRights2Member |
| From2014-10-01to2014-10-31_custom_RoundTopProjectMember_custom_WaterLeaseMember |
2014-10-01 - 2014-10-31 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:RoundTopProjectMember
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:WaterLeaseMember |
| AsOf2014-10-31_custom_RoundTopProjectMember_custom_WaterLeaseMember |
2014-10-31 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:RoundTopProjectMember
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:WaterLeaseMember |
| AsOf2016-07-01_custom_DirectorLoanOneMember |
2016-07-01 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanOneMember |
| From2016-06-29to2016-07-01_custom_DirectorLoanOneMember |
2016-06-29 - 2016-07-01 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanOneMember |
| From2016-06-02to2016-06-28_custom_PagnottiEnterprisesMember |
2016-06-02 - 2016-06-28 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:PagnottiEnterprisesMember |
| AsOf2016-06-28_custom_PagnottiEnterprisesMember |
2016-06-28 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:PagnottiEnterprisesMember |
| AsOf2017-08-31_custom_FoundationLeaseNoteMember |
2017-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis:
custom:FoundationLeaseNoteMember |
| AsOf2013-03-06_custom_FoundationLeaseNoteMember |
2013-03-06 |
0001445942 |
us-gaap:DebtInstrumentAxis:
custom:FoundationLeaseNoteMember |
| From2013-03-05to2013-03-06_custom_FoundationLeaseNoteMember |
2013-03-05 - 2013-03-06 |
0001445942 |
us-gaap:DebtInstrumentAxis:
custom:FoundationLeaseNoteMember |
| AsOf2017-08-31_custom_DirectorLoanOneMember |
2017-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanOneMember |
| AsOf2016-08-31_custom_DirectorLoanOneMember |
2016-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanOneMember |
| From2016-08-30to2016-09-02_custom_DirectorLoanTwoMember |
2016-08-30 - 2016-09-02 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanTwoMember |
| AsOf2016-09-02_custom_DirectorLoanTwoMember |
2016-09-02 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanTwoMember |
| AsOf2017-08-31_custom_DirectorLoanTwoMember |
2017-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanTwoMember |
| From2016-10-30to2016-11-01_custom_DirectorLoanThreeMember |
2016-10-30 - 2016-11-01 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanThreeMember |
| AsOf2016-11-01_custom_DirectorLoanThreeMember |
2016-11-01 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanThreeMember |
| From2016-10-30to2016-11-01_custom_DirectorLoanFourMember |
2016-10-30 - 2016-11-01 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanFourMember |
| AsOf2016-11-01_custom_DirectorLoanFourMember |
2016-11-01 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanFourMember |
| From2016-10-30to2016-11-01_custom_DirectorLoanFiveMember |
2016-10-30 - 2016-11-01 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanFiveMember |
| AsOf2016-11-01_custom_DirectorLoanFiveMember |
2016-11-01 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanFiveMember |
| From2016-12-11to2016-12-12_custom_DirectorLoanSixMember |
2016-12-11 - 2016-12-12 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanSixMember |
| AsOf2016-12-12_custom_DirectorLoanSixMember |
2016-12-12 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanSixMember |
| AsOf2017-08-31_custom_DirectorLoanSixMember |
2017-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanSixMember |
| From2017-01-11to2017-01-12_custom_DirectorOfficerLoansMember |
2017-01-11 - 2017-01-12 |
0001445942 |
us-gaap:DebtInstrumentAxis:
custom:DirectorOfficerLoansMember |
| AsOf2017-01-12_custom_DirectorOfficerLoansMember |
2017-01-12 |
0001445942 |
us-gaap:DebtInstrumentAxis:
custom:DirectorOfficerLoansMember |
| AsOf2017-08-31_custom_DirectorOfficerLoansMember |
2017-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis:
custom:DirectorOfficerLoansMember |
| From2016-09-01to2017-08-31_us-gaap_DirectorMember |
2016-09-01 - 2017-08-31 |
0001445942 |
us-gaap:RelatedPartyTransactionsByRelatedPartyAxis:
us-gaap:DirectorMember |
| From2017-09-01to2017-12-09_us-gaap_SubsequentEventMember |
2017-09-01 - 2017-12-09 |
0001445942 |
us-gaap:SubsequentEventTypeAxis:
us-gaap:SubsequentEventMember |
| AsOf2017-08-31_custom_HudspethCountyTXMember_custom_MiningPropertiesAndMineralRights2Member |
2017-08-31 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:HudspethCountyTXMember
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MiningPropertiesAndMineralRights2Member |
| AsOf2016-08-31_custom_DirectorLoanTwoMember |
2016-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanTwoMember |
| AsOf2017-08-31_custom_DirectorLoanFiveMember |
2017-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanFiveMember |
| AsOf2017-05-31_custom_DirectorLoanSevenMember |
2017-05-31 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanSevenMember |
| From2017-03-01to2017-05-31_custom_DirectorLoanSevenMember |
2017-03-01 - 2017-05-31 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanSevenMember |
| AsOf2017-08-31_custom_DirectorLoanSevenMember |
2017-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanSevenMember |
| From2015-09-01to2016-08-31_us-gaap_PreferredStockMember |
2015-09-01 - 2016-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:PreferredStockMember |
| From2016-09-01to2017-08-31_us-gaap_PreferredStockMember |
2016-09-01 - 2017-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:PreferredStockMember |
| AsOf2015-08-31_us-gaap_PreferredStockMember |
2015-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:PreferredStockMember |
| AsOf2016-08-31_us-gaap_PreferredStockMember |
2016-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:PreferredStockMember |
| AsOf2017-08-31_us-gaap_PreferredStockMember |
2017-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:PreferredStockMember |
| From2015-09-01to2016-08-31_us-gaap_CommonStockMember |
2015-09-01 - 2016-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:CommonStockMember |
| From2016-09-01to2017-08-31_us-gaap_CommonStockMember |
2016-09-01 - 2017-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:CommonStockMember |
| AsOf2015-08-31_us-gaap_CommonStockMember |
2015-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:CommonStockMember |
| AsOf2016-08-31_us-gaap_CommonStockMember |
2016-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:CommonStockMember |
| AsOf2017-08-31_us-gaap_CommonStockMember |
2017-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:CommonStockMember |
| From2015-09-01to2016-08-31_us-gaap_AdditionalPaidInCapitalMember |
2015-09-01 - 2016-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:AdditionalPaidInCapitalMember |
| From2016-09-01to2017-08-31_us-gaap_AdditionalPaidInCapitalMember |
2016-09-01 - 2017-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:AdditionalPaidInCapitalMember |
| AsOf2015-08-31_us-gaap_AdditionalPaidInCapitalMember |
2015-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:AdditionalPaidInCapitalMember |
| AsOf2016-08-31_us-gaap_AdditionalPaidInCapitalMember |
2016-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:AdditionalPaidInCapitalMember |
| AsOf2017-08-31_us-gaap_AdditionalPaidInCapitalMember |
2017-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:AdditionalPaidInCapitalMember |
| From2015-09-01to2016-08-31_us-gaap_RetainedEarningsMember |
2015-09-01 - 2016-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:RetainedEarningsMember |
| From2016-09-01to2017-08-31_us-gaap_RetainedEarningsMember |
2016-09-01 - 2017-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:RetainedEarningsMember |
| AsOf2015-08-31_us-gaap_RetainedEarningsMember |
2015-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:RetainedEarningsMember |
| AsOf2016-08-31_us-gaap_RetainedEarningsMember |
2016-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:RetainedEarningsMember |
| AsOf2017-08-31_us-gaap_RetainedEarningsMember |
2017-08-31 |
0001445942 |
us-gaap:StatementEquityComponentsAxis:
us-gaap:RetainedEarningsMember |
| AsOf2017-12-01 |
2017-12-01 |
0001445942 |
|
| D2016-09-01_To_2017-08-31_MaximumMember |
2016-09-01 - 2017-08-31 |
0001445942 |
us-gaap:RangeAxis: us-gaap:MaximumMember |
| D2016-09-01_To_2017-08-31_MinimumMember |
2016-09-01 - 2017-08-31 |
0001445942 |
us-gaap:RangeAxis: us-gaap:MinimumMember |
| I2017-08-31_EquipmentMember |
2017-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
us-gaap:EquipmentMember |
| I2017-08-31_FurnitureAndFixturesMember |
2017-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
us-gaap:FurnitureAndFixturesMember |
| I2017-08-31_ComputerEquipmentMember |
2017-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
us-gaap:ComputerEquipmentMember |
| I2017-08-31_VehiclesMember |
2017-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
us-gaap:VehiclesMember |
| I2016-08-31_VehiclesMember |
2016-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
us-gaap:VehiclesMember |
| I2016-08-31_FurnitureAndFixturesMember |
2016-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
us-gaap:FurnitureAndFixturesMember |
| I2016-08-31_ComputerEquipmentMember |
2016-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
us-gaap:ComputerEquipmentMember |
| I2016-08-31_EquipmentMember |
2016-08-31 |
0001445942 |
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
us-gaap:EquipmentMember |
| From2016-09-01to2017-08-31_us-gaap_EmployeeStockOptionMember |
2016-09-01 - 2017-08-31 |
0001445942 |
us-gaap:AwardTypeAxis: us-gaap:EmployeeStockOptionMember |
| D2016-09-01_To_2017-08-31_WarrantMember |
2016-09-01 - 2017-08-31 |
0001445942 |
us-gaap:AwardTypeAxis: us-gaap:WarrantMember |
| From2015-09-01to2016-08-31_us-gaap_EmployeeStockOptionMember |
2015-09-01 - 2016-08-31 |
0001445942 |
us-gaap:AwardTypeAxis: us-gaap:EmployeeStockOptionMember |
| AsOf2015-08-31_us-gaap_EmployeeStockOptionMember |
2015-08-31 |
0001445942 |
us-gaap:AwardTypeAxis: us-gaap:EmployeeStockOptionMember |
| AsOf2016-08-31_us-gaap_EmployeeStockOptionMember |
2016-08-31 |
0001445942 |
us-gaap:AwardTypeAxis: us-gaap:EmployeeStockOptionMember |
| D2015-09-01_To_2016-08-31_WarrantMember |
2015-09-01 - 2016-08-31 |
0001445942 |
us-gaap:AwardTypeAxis: us-gaap:WarrantMember |
| AsOf2015-08-31_us-gaap_WarrantMember |
2015-08-31 |
0001445942 |
us-gaap:AwardTypeAxis: us-gaap:WarrantMember |
| I2016-08-31_WarrantMember |
2016-08-31 |
0001445942 |
us-gaap:AwardTypeAxis: us-gaap:WarrantMember |
| AsOf2017-08-31_us-gaap_WarrantMember |
2017-08-31 |
0001445942 |
us-gaap:AwardTypeAxis: us-gaap:WarrantMember |
| AsOf2017-08-31_us-gaap_EmployeeStockOptionMember |
2017-08-31 |
0001445942 |
us-gaap:AwardTypeAxis: us-gaap:EmployeeStockOptionMember |
| D2007-04-01_To_2007-04-30 |
2007-04-01 - 2007-04-30 |
0001445942 |
|
| AsOf2008-09-30 |
2008-09-30 |
0001445942 |
|
| I2004-07-31 |
2004-07-31 |
0001445942 |
|
| From2012-01-15to2012-02-15_custom_StockOptionPlan2008Member |
2012-01-15 - 2012-02-15 |
0001445942 |
us-gaap:PlanNameAxis: custom:StockOptionPlan2008Member |
| AsOf2015-02-15_custom_StockOptionPlan2008Member |
2015-02-15 |
0001445942 |
us-gaap:PlanNameAxis: custom:StockOptionPlan2008Member |
| I2011-05-31_StockOptionPlan2008Member |
2011-05-31 |
0001445942 |
us-gaap:PlanNameAxis: custom:StockOptionPlan2008Member |
| AsOf2008-08-31_custom_StockOptionPlan2008Member |
2008-08-31 |
0001445942 |
us-gaap:PlanNameAxis: custom:StockOptionPlan2008Member |
| From2015-07-14to2015-07-15_custom_ReetechLLCMember |
2015-07-14 - 2015-07-15 |
0001445942 |
us-gaap:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis:
custom:ReetechLLCMember |
| AsOf2015-07-15_custom_ReetechLLCMember |
2015-07-15 |
0001445942 |
us-gaap:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis:
custom:ReetechLLCMember |
| AsOf2016-02-24_custom_StockOptionPlan2008Member |
2016-02-24 |
0001445942 |
us-gaap:PlanNameAxis: custom:StockOptionPlan2008Member |
| AsOf2015-07-15_custom_ReetechLLCMember_custom_KTechMember |
2015-07-15 |
0001445942 |
us-gaap:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis:
custom:ReetechLLCMember
dei:LegalEntityAxis:
custom:KTechMember |
| AsOf2013-06-01_custom_HudspethCountyTXMember_custom_MiningPropertiesAndMineralRights2Member |
2013-06-01 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:HudspethCountyTXMember
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MiningPropertiesAndMineralRights2Member |
| AsOf2016-06-01_custom_HudspethCountyTXMember_custom_MiningPropertiesAndMineralRights2Member |
2016-06-01 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:HudspethCountyTXMember
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MiningPropertiesAndMineralRights2Member |
| From2016-09-01to2017-08-31_custom_HudspethCountyTXMember_custom_MiningPropertiesAndMineralRights2Member |
2016-09-01 - 2017-08-31 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:HudspethCountyTXMember
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:MiningPropertiesAndMineralRights2Member |
| AsOf2014-10-31_custom_RoundTopProjectMember_custom_OptionToPurchaseSurfaceRightsMember |
2014-10-31 |
0001445942 |
us-gaap:CounterpartyNameAxis:
custom:RoundTopProjectMember
us-gaap:PropertyPlantAndEquipmentByTypeAxis:
custom:OptionToPurchaseSurfaceRightsMember |
| AsOf2017-05-31_custom_DirectorLoanSevenMember_us-gaap_MinimumMember |
2017-05-31 |
0001445942 |
us-gaap:DebtInstrumentAxis:
custom:DirectorLoanSevenMember
us-gaap:RangeAxis:
us-gaap:MinimumMember |
| AsOf2017-05-31_custom_DirectorLoanSevenMember_us-gaap_MaximumMember |
2017-05-31 |
0001445942 |
us-gaap:DebtInstrumentAxis:
custom:DirectorLoanSevenMember
us-gaap:RangeAxis:
us-gaap:MaximumMember |
| From2017-06-01to2017-08-31_custom_DirectorLoanEightMember |
2017-06-01 - 2017-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanEightMember |
| AsOf2017-08-31_custom_DirectorLoanEightMember |
2017-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis: custom:DirectorLoanEightMember |
| AsOf2017-08-31_custom_DirectorLoanEightMember_us-gaap_MinimumMember |
2017-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis:
custom:DirectorLoanEightMember
us-gaap:RangeAxis:
us-gaap:MinimumMember |
| AsOf2017-08-31_custom_DirectorLoanEightMember_us-gaap_MaximumMember |
2017-08-31 |
0001445942 |
us-gaap:DebtInstrumentAxis:
custom:DirectorLoanEightMember
us-gaap:RangeAxis:
us-gaap:MaximumMember |
| From2014-09-01to2015-08-31_us-gaap_EmployeeStockOptionMember |
2014-09-01 - 2015-08-31 |
0001445942 |
us-gaap:AwardTypeAxis: us-gaap:EmployeeStockOptionMember |
| From2014-09-01to2015-08-31_us-gaap_WarrantMember |
2014-09-01 - 2015-08-31 |
0001445942 |
us-gaap:AwardTypeAxis:
us-gaap:WarrantMember | |
| (End Contexts) |
| |
| Elements |
|
|
|
|
|
|
|
|
|
| Element |
Data Type |
Period Type |
Balance Type |
Custom |
| AccountingPoliciesAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| custom:AdjustmentForCashlessCompensationForAdvances |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
Yes |
| |
Amount of other
increase (decrease) in additional paid in capital (APIC) for
cashless compensation for advances. |
|
| custom:AmountOfLeasePaymentInDefault |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
Yes |
| |
The amount of lease
payment in deafult at end of reporting period. |
|
| custom:AnnualMinimumProductionPayment |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
Yes |
| |
The amount of
annual production payment due per agreement. |
|
| custom:CashContributionRequiredAfterMilestonesForInterest |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
Yes |
| |
Amount of cash
contribution to purchase additional ownership interest in joint
venture based upon milestones achieved. |
|
| custom:CashPaidForLeaseAssignment |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
Yes |
| |
The cash outflow
for lease assignment. |
|
| custom:ConsultantMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Consultant
[Member] |
|
| custom:CostMethodOwnershipInterestToBeAcquiredAfterCashContribution |
num:percentItemType |
|
Duration |
|
— |
|
Yes |
| |
Additional
ownership interest in joint venture available based upon milestones
achieved. |
|
| custom:DirectorLoanEightMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information by type
of debt instrument. |
|
| custom:DirectorLoanFiveMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information by type
of debt instrument. |
|
| custom:DirectorLoanFourMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information by type
of debt instrument. |
|
| custom:DirectorLoanOneMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information by type
of debt instrument. |
|
| custom:DirectorLoanSevenMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information by type
of debt instrument. |
|
| custom:DirectorLoanSixMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information by type
of debt instrument. |
|
| custom:DirectorLoanThreeMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information by type
of debt instrument. |
|
| custom:DirectorLoanTwoMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information by type
of debt instrument. |
|
| custom:DirectorOfficerLoansMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information by type
of debt instrument. |
|
| custom:DiscountOnLoansFromBeneficialConversionFeature |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
Yes |
| |
Amount of noncash
expense included in interest expense for discount on loan from
benefical conversion feature. |
|
| custom:DistanceFromProjectMine |
xbrli:integerItemType |
|
Instant |
|
— |
|
Yes |
| |
The number of miles
the lease is from the deposit. |
|
| custom:DocumentAndEntityInformationAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
Yes |
| |
|
|
| custom:FoundationLeaseNote1Member |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information by type
of debt instrument. |
|
| custom:FoundationLeaseNoteMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information by type
of debt instrument. |
|
| custom:GrantDateFairValueAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
Yes |
| |
|
|
| custom:GroundWaterLeaseAcres |
num:areaItemType |
|
Instant |
|
— |
|
Yes |
| |
Number of acres of
gorund water lease. |
|
| custom:HudspethCountyTXMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information
pertaining to leases held in Hudspeth County, TX. |
|
| custom:InvestmentOwnershipPercentage |
num:percentItemType |
|
Instant |
|
— |
|
Yes |
| |
The percentage of
ownership of common stock or equity participation in the investee
accounted for under the cost method of accounting. |
|
| custom:KTechMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Party to joint
venture. |
|
| custom:LeaseBonus |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
Yes |
| |
The value of a
lease bonus to be paid. |
|
| custom:LeaseBonusDue |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
Yes |
| |
Under terms of
mineral properties leases, the amount of lease bonus due to the
State of Texas upon the submission of a supplemental plan of
operations to conduct mining. |
|
| custom:LeaseContractRoyaltyPercentage |
num:percentItemType |
|
Duration |
|
— |
|
Yes |
| |
The royalty
percentage specified in the lease contract. |
|
| custom:LeaseDepositsPolicyTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
Yes |
| |
The accounting
policy for lease deposits. |
|
| custom:LeaseProductionPaymentAnnualAmount |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
Yes |
| |
The annual amount
that will be paid as a production payment assuming this yields the
maximum amount. |
|
| custom:MineralPropertiesPerAcreAmount |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
Yes |
| |
Lease amount, per
acre for mineral properties. |
|
| custom:MineralPropertiesTotalLeaseAmount |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
Yes |
| |
Total lease amount
for mineral properties. |
|
| custom:MineralProperty2Member |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information
pertaining to mineral property lease from August 17, 2015 -
2019. |
|
| custom:MineralProperty3Member |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information
pertaining to mineral property lease from August 17, 2020 -
2024. |
|
| custom:MineralProperty4Member |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information
pertaining to mineral property lease from August 17, 2025 -
2029. |
|
| custom:MineralProperty6Member |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information
pertaining to mineral property lease from November 1, 2015 -
2019. |
|
| custom:MineralProperty7Member |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information
pertaining to mineral property lease from November 1, 2020 -
2024. |
|
| custom:MineralProperty8Member |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information
pertaining to mineral property lease from November 1, 2025 -
2029. |
|
| custom:MinimumAdvanceRoyaltyDue |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
Yes |
| |
Under terms of
mineral properties leases, the minimum advance royalty due to the
State of Texas upon the sale of minerals removed from Round
Top. |
|
| custom:MiningLeaseAcres |
num:areaItemType |
|
Instant |
|
— |
|
Yes |
| |
Number of acres of
mining lease. |
|
| custom:MiningPropertiesAndMineralRights1Member |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Legal right to
explore, extract, and retain some or all portions of the benefits
from mining or mineral deposits and properties used for
mining. |
|
| custom:MiningPropertiesAndMineralRights2Member |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Legal right to
explore, extract, and retain some or all portions of the benefits
from mining or mineral deposits and properties used for
mining. |
|
| custom:NumberOfDirectors |
xbrli:integerItemType |
|
Instant |
|
— |
|
Yes |
| |
Number of directors
in debt instruments. |
|
| custom:NumberOfLeasesHeld |
xbrli:integerItemType |
|
Instant |
|
— |
|
Yes |
| |
The number of
leases held related to minerals properties. |
|
| custom:NumberOfLoans |
xbrli:integerItemType |
|
Instant |
|
— |
|
Yes |
| |
The number of
loans. |
|
| custom:NumberOfPayment |
xbrli:integerItemType |
|
Instant |
|
— |
|
Yes |
| |
The number of
payments. |
|
| custom:OptionToPurchaseSurfaceRightsMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
The option to
purchase surface lease per agreement. |
|
| custom:PagnottiEnterprisesMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Legal right to
explore, extract, and retain some or all portions of the benefits
from mining or mineral deposits and properties used for
mining. |
|
| custom:PaymentOfDelayRental |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
Yes |
| |
The cash outflow
for delay rental fee. |
|
| custom:PaymentOfLeaseBonus |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
Yes |
| |
The cash outflow
for lease bonus. |
|
| custom:PeriodicOptionAnnualPaymentDue |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
Yes |
| |
The amount of
annual option payment payable per agreement. |
|
| custom:ProductionPaymentAmountPerThousandGallons |
us-types:perUnitItemType |
|
Duration |
|
— |
|
Yes |
| |
The amount per
every thousand gallons that will be paid as an annual production
payment, assuming the per gallon calculation yields the maximum
amount. |
|
| custom:ProductionRoyaltyOfMarketValueOfOtherMinerals |
num:percentItemType |
|
Duration |
|
— |
|
Yes |
| |
The percentage
production royalty of market value of other minerals removed and
sold from Round Top due to the State of Texas after the minimum
advance royalty is paid. |
|
| custom:ProductionRoyaltyOfMarketValueOfUraniumAndFissionableMaterials |
num:percentItemType |
|
Duration |
|
— |
|
Yes |
| |
The percentage
production royalty of market value of uranium and other fissionable
materials removed and sold from Round Top due to the State of Texas
after the minimum advance royalty is paid. |
|
| custom:ReetechLLCMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Name of
investment. |
|
| custom:RoundTopProject1Member |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information
regarding mineral leases. |
|
| custom:RoundTopProjectMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information
regarding mineral leases. |
|
| custom:ScheduleOfFutureMinimumLeasePaymentsForMineralPropertiesLeasedTabletextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
Yes |
| |
Tabular disclosure
of future minimum lease payments as of the date of the latest
balance sheet presented. |
|
| custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedExercisableWeightedAverageRemainingContractualTerms |
xbrli:durationItemType |
|
Duration |
|
— |
|
Yes |
| |
Weighted average
remaining contractual term for vested and exercisable equity-based
awards excluding options, in 'PnYnMnDTnHnMnS' format, |
|
| custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardGrantsInPeriodWeightedAverageRemainingContractualTerm |
xbrli:durationItemType |
|
Duration |
|
— |
|
Yes |
| |
The remaining
contractual term for grants during the period. |
|
| custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardGrantsInPeriodWeightedAverageRemainingContractualTerms1 |
xbrli:durationItemType |
|
Duration |
|
— |
|
Yes |
| |
Weighted average
remaining contractual term for warrants granted. |
|
| custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsExercisableIntrinsicValue |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
Yes |
| |
Amount of
difference between fair value of the underlying shares reserved for
issuance and exercise price of warrants vested and
exercisable. |
|
| custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardWarrantGrantsInPeriodTotalIntrinsicValue |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
Yes |
| |
The fair value at
grant date for warrants issued during the period. |
|
| custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardWarrantsVestedAndExercisableNumber |
xbrli:sharesItemType |
|
Instant |
|
— |
|
Yes |
| |
The number of
shares into which fully vested and exercisable warrants outstanding
as of the balance sheet date can be currently converted. |
|
| custom:ShareBasedCompensationArrangementByShareBasedPaymentAwardWarrantsVestedAndExercisableWeightedAverageExercisePrice |
num:perShareItemType |
|
Instant |
|
— |
|
Yes |
| |
As of the balance
sheet date, the weighted-average exercise price for outstanding
warrants that are fully vested and exercisable. |
|
| custom:StockOptionPlan2008Member |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Information
pertaining to the 2008 Stock Option Plan and its
Amendments. |
|
| custom:SurfaceRightsAcres |
num:areaItemType |
|
Instant |
|
— |
|
Yes |
| |
Number of acres of
surface rights agreement. |
|
| custom:WarrantsAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
Yes |
| |
|
|
| custom:WaterLeaseMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
Yes |
| |
Water Lease
[Member] |
|
| dei:AmendmentFlag |
xbrli:booleanItemType |
|
Duration |
|
— |
|
|
| |
If the value is
true, then the document is an amendment to previously-filed/accepted
document. |
|
| dei:CurrentFiscalYearEndDate |
xbrli:gMonthDayItemType |
|
Duration |
|
— |
|
|
| |
End date of current
fiscal year in the format --MM-DD. |
|
| dei:DocumentFiscalPeriodFocus |
dei:fiscalPeriodItemType |
|
Duration |
|
— |
|
|
| |
This is focus
fiscal period of the document report. For a first quarter 2006
quarterly report, which may also provide financial information from
prior periods, the first fiscal quarter should be given as the
fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2,
T3, M8, CY. |
|
| dei:DocumentFiscalYearFocus |
xbrli:gYearItemType |
|
Duration |
|
— |
|
|
| |
This is focus
fiscal year of the document report in CCYY format. For a 2006 annual
report, which may also provide financial information from prior
periods, fiscal 2006 should be given as the fiscal year focus.
Example: 2006. |
|
| dei:DocumentPeriodEndDate |
xbrli:dateItemType |
|
Duration |
|
— |
|
|
| |
The end date of the
period reflected on the cover page if a periodic report. For all
other reports and registration statements containing historical
data, it is the date up through which that historical data is
presented. If there is no historical data in the report, use the
filing date. The format of the date is CCYY-MM-DD. |
|
| dei:DocumentType |
dei:submissionTypeItemType |
|
Duration |
|
— |
|
|
| |
The type of
document being provided (such as 10-K, 10-Q, 485BPOS, etc). The
document type is limited to the same value as the supporting SEC
submission type, or the word "Other". |
|
| dei:EntityCentralIndexKey |
dei:centralIndexKeyItemType |
|
Duration |
|
— |
|
|
| |
A unique 10-digit
SEC-issued value to identify entities that have filed disclosures
with the SEC. It is commonly abbreviated as CIK. |
|
| dei:EntityCommonStockSharesOutstanding |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
Indicate number of
shares or other units outstanding of each of registrant's classes of
capital or common stock or other ownership interests, if and as
stated on cover of related periodic report. Where multiple classes
or units exist define each class/interest by adding class of stock
items such as Common Class A [Member], Common Class B [Member] or
Partnership Interest [Member] onto the Instrument [Domain] of the
Entity Listings, Instrument. |
|
| dei:EntityCurrentReportingStatus |
dei:yesNoItemType |
|
Duration |
|
— |
|
|
| |
Indicate "Yes" or
"No" whether registrants (1) have filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that
registrants were required to file such reports), and (2) have been
subject to such filing requirements for the past 90 days. This
information should be based on the registrant's current or most
recent filing containing the related disclosure. |
|
| dei:EntityDomain |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
All the names of
the entities being reported upon in a document. Any legal structure
used to conduct activities or to hold assets. Some examples of such
structures are corporations, partnerships, limited liability
companies, grantor trusts, and other trusts. This item does not
include business and geographical segments which are included in the
geographical or business segments domains. |
|
| dei:EntityFilerCategory |
dei:filerCategoryItemType |
|
Duration |
|
— |
|
|
| |
Indicate whether
the registrant is one of the following: (1) Large Accelerated Filer,
(2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller
Reporting Company (Non-accelerated) or (5) Smaller Reporting
Accelerated Filer. Definitions of these categories are stated in
Rule 12b-2 of the Exchange Act. This information should be based on
the registrant's current or most recent filing containing the
related disclosure. |
|
| dei:EntityPublicFloat |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
State aggregate
market value of voting and non-voting common equity held by
non-affiliates computed by reference to price at which the common
equity was last sold, or average bid and asked price of such common
equity, as of the last business day of registrant's most recently
completed second fiscal quarter. The public float should be reported
on the cover page of the registrants form 10K. |
|
| dei:EntityRegistrantName |
xbrli:normalizedStringItemType |
|
Duration |
|
— |
|
|
| |
The exact name of
the entity filing the report as specified in its charter, which is
required by forms filed with the SEC. |
|
| dei:EntityVoluntaryFilers |
dei:yesNoItemType |
|
Duration |
|
— |
|
|
| |
Indicate "Yes" or
"No" if the registrant is not required to file reports pursuant to
Section 13 or Section 15(d) of the Act. |
|
| dei:EntityWellKnownSeasonedIssuer |
dei:yesNoItemType |
|
Duration |
|
— |
|
|
| |
Indicate "Yes" or
"No" if the registrant is a well-known seasoned issuer, as defined
in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q,
8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q,
N-1A. |
|
| dei:LegalEntityAxis |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
The set of legal
entities associated with a report. |
|
| us-gaap:AccountingPoliciesAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Sum of the carrying
values as of the balance sheet date of obligations incurred through
that date and due within one year (or the operating cycle, if
longer), including liabilities incurred (and for which invoices have
typically been received) and payable to vendors for goods and
services received, taxes, interest, rent and utilities, accrued
salaries and bonuses, payroll taxes and fringe benefits. |
|
| us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Amount of
accumulated depreciation, depletion and amortization for physical
assets used in the normal conduct of business to produce goods and
services. |
|
| us-gaap:AdditionalPaidInCapital |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Excess of issue
price over par or stated value of the entity's capital stock and
amounts received from other transactions involving the entity's
stock or stockholders. Includes adjustments to additional paid in
capital. Some examples of such adjustments include recording the
issuance of debt with a beneficial conversion feature and certain
tax consequences of equity instruments awarded to employees. Use
this element for the aggregate amount of additional paid-in capital
associated with common and preferred stock. For additional paid-in
capital associated with only common stock, use the element
additional paid in capital, common stock. For additional paid-in
capital associated with only preferred stock, use the element
additional paid in capital, preferred stock. |
|
| us-gaap:AdditionalPaidInCapitalMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Excess of issue
price over par or stated value of the entity's capital stock and
amounts received from other transactions involving the entity's
stock or stockholders. |
|
| us-gaap:AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
Amount of increase
(decrease) in additional paid in capital (APIC) resulting from
recognition of deferred taxes for convertible debt with a beneficial
conversion feature. |
|
| us-gaap:AdjustmentsToAdditionalPaidInCapitalOther |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
Amount of other
increase (decrease) in additional paid in capital (APIC). |
|
| us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
This element
represents the amount of recognized equity-based compensation during
the period, that is, the amount recognized as expense in the income
statement (or as asset if compensation is capitalized). Alternate
captions include the words "stock-based compensation". |
|
| us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:AmortizationOfDebtDiscountPremium |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Amount of noncash
expense included in interest expense to amortize debt discount and
premium associated with the related debt instruments. Excludes
amortization of financing costs. Alternate captions include noncash
interest expense. |
|
| us-gaap:Assets |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Sum of the carrying
amounts as of the balance sheet date of all assets that are
recognized. Assets are probable future economic benefits obtained or
controlled by an entity as a result of past transactions or
events. |
|
| us-gaap:AssetsAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:AssetsCurrent |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Sum of the carrying
amounts as of the balance sheet date of all assets that are expected
to be realized in cash, sold, or consumed within one year (or the
normal operating cycle, if longer). Assets are probable future
economic benefits obtained or controlled by an entity as a result of
past transactions or events. |
|
| us-gaap:AssetsCurrentAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:AwardTypeAxis |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Information by
award type pertaining to equity-based compensation. |
|
| us-gaap:BasisOfAccountingPolicyPolicyTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
accounting policy for basis of accounting, or basis of presentation,
used to prepare the financial statements (for example, US Generally
Accepted Accounting Principles, Other Comprehensive Basis of
Accounting, IFRS). |
|
| us-gaap:CashAndCashEquivalentsAtCarryingValue |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Amount of currency
on hand as well as demand deposits with banks or financial
institutions. Includes other kinds of accounts that have the general
characteristics of demand deposits. Also includes short-term, highly
liquid investments that are both readily convertible to known
amounts of cash and so near their maturity that they present
insignificant risk of changes in value because of changes in
interest rates. Excludes cash and cash equivalents within disposal
group and discontinued operation. |
|
| us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Amount of increase
(decrease) in cash and cash equivalents. Cash and cash equivalents
are the amount of currency on hand as well as demand deposits with
banks or financial institutions. Includes other kinds of accounts
that have the general characteristics of demand deposits. Also
includes short-term, highly liquid investments that are both readily
convertible to known amounts of cash and so near their maturity that
they present insignificant risk of changes in value because of
changes in interest rates. Includes effect from exchange rate
changes. |
|
| us-gaap:CashAndCashEquivalentsPolicyTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
accounting policy for cash and cash equivalents, including the
policy for determining which items are treated as cash equivalents.
Other information that may be disclosed includes (1) the nature of
any restrictions on the entity's use of its cash and cash
equivalents, (2) whether the entity's cash and cash equivalents are
insured or expose the entity to credit risk, (3) the classification
of any negative balance accounts (overdrafts), and (4) the carrying
basis of cash equivalents (for example, at cost) and whether the
carrying amount of cash equivalents approximates fair
value. |
|
| us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 |
num:perShareItemType |
|
Instant |
|
— |
|
|
| |
Exercise price per
share or per unit of warrants or rights outstanding. |
|
| us-gaap:CommitmentsAndContingencies |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Represents the
caption on the face of the balance sheet to indicate that the entity
has entered into (1) purchase or supply arrangements that will
require expending a portion of its resources to meet the terms
thereof, and (2) is exposed to potential losses or, less frequently,
gains, arising from (a) possible claims against a company's
resources due to future performance under contract terms, and (b)
possible losses or likely gains from uncertainties that will
ultimately be resolved when one or more future events that are
deemed likely to occur do occur or fail to occur. |
|
| us-gaap:CommonStockMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Stock that is
subordinate to all other stock of the issuer. |
|
| us-gaap:CommonStockParOrStatedValuePerShare |
num:perShareItemType |
|
Instant |
|
— |
|
|
| |
Face amount or
stated value per share of common stock. |
|
| us-gaap:CommonStockSharesAuthorized |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
The maximum number
of common shares permitted to be issued by an entity's charter and
bylaws. |
|
| us-gaap:CommonStockSharesIssued |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
Total number of
common shares of an entity that have been sold or granted to
shareholders (includes common shares that were issued, repurchased
and remain in the treasury). These shares represent capital invested
by the firm's shareholders and owners, and may be all or only a
portion of the number of shares authorized. Shares issued include
shares outstanding and shares held in the treasury. |
|
| us-gaap:CommonStockSharesOutstanding |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
Number of shares of
common stock outstanding. Common stock represent the ownership
interest in a corporation. |
|
| us-gaap:CommonStockValue |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Aggregate par or
stated value of issued nonredeemable common stock (or common stock
redeemable solely at the option of the issuer). This item includes
treasury stock repurchased by the entity. Note: elements for number
of nonredeemable common shares, par value and other disclosure
concepts are in another section within stockholders'
equity. |
|
| us-gaap:ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:ComputerEquipmentMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Long lived,
depreciable assets that are used in the creation, maintenance and
utilization of information systems. |
|
| us-gaap:ContractualObligation |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Amount of
contractual obligation, including but not limited to, long-term
debt, capital lease obligations, operating lease obligations,
purchase obligations, and other commitments. |
|
| us-gaap:CostMethodInvestments |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Amount, after
adjustment, of cost-method investment. Adjustments include, but are
not limited to, dividends received in excess of earnings after date
of investment that are considered a return of investment and other
than temporary impairments. |
|
| us-gaap:CostMethodInvestmentsOriginalCost |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Original amount of
cost-method investments at the acquisition date. |
|
| us-gaap:CounterpartyNameAxis |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Information by name
of counterparty. A counterparty is the other party that participates
in a financial transaction. Examples include, but not limited to,
the name of the financial institution. |
|
| us-gaap:DebtDisclosureAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:DebtDisclosureTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
The entire
disclosure for information about short-term and long-term debt
arrangements, which includes amounts of borrowings under each line
of credit, note payable, commercial paper issue, bonds indenture,
debenture issue, own-share lending arrangements and any other
contractual agreement to repay funds, and about the underlying
arrangements, rationale for a classification as long-term, including
repayment terms, interest rates, collateral provided, restrictions
on use of assets and activities, whether or not in compliance with
debt covenants, and other matters important to users of the
financial statements, such as the effects of refinancing and
noncompliance with debt covenants. |
|
| us-gaap:DebtInstrumentAxis |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Information by type
of debt instrument, including, but not limited to, draws against
credit facilities. |
|
| us-gaap:DebtInstrumentFaceAmount |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Face (par) amount
of debt instrument at time of issuance. |
|
| us-gaap:DebtInstrumentInterestRateEffectivePercentage |
num:percentItemType |
|
Instant |
|
— |
|
|
| |
Effective interest
rate for the funds borrowed under the debt agreement considering
interest compounding and original issue discount or
premium. |
|
| us-gaap:DebtInstrumentLineItems |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Line items
represent financial concepts included in a table. These concepts are
used to disclose reportable information associated with domain
members defined in one or many axes to the table. |
|
| us-gaap:DebtInstrumentMaturityDate |
xbrli:dateItemType |
|
Duration |
|
— |
|
|
| |
Date when the debt
instrument is scheduled to be fully repaid, in CCYY-MM-DD
format. |
|
| us-gaap:DebtInstrumentNameDomain |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
The name for the
particular debt instrument or borrowing that distinguishes it from
other debt instruments or borrowings, including draws against credit
facilities. |
|
| us-gaap:DebtInstrumentPeriodicPayment |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Amount of the
required periodic payments including both interest and principal
payments. |
|
| us-gaap:DebtInstrumentTable |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
A table or schedule
providing information pertaining to long-term debt instruments or
arrangements, including identification, terms, features, collateral
requirements and other information necessary to a fair presentation.
These are debt arrangements that originally required repayment more
than twelve months after issuance or greater than the normal
operating cycle of the company, if longer. |
|
| us-gaap:DebtInstrumentTerm |
xbrli:durationItemType |
|
Duration |
|
— |
|
|
| |
Period of time
between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS'
format, for example, 'P1Y5M13D' represents the reported fact of one
year, five months, and thirteen days. |
|
| us-gaap:DeferredTaxAssetsNet |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Amount after
allocation of valuation allowances of deferred tax asset
attributable to deductible temporary differences and
carryforwards. |
|
| us-gaap:DeferredTaxAssetsOperatingLossCarryforwards |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Amount before
allocation of valuation allowances of deferred tax asset
attributable to deductible operating loss carryforwards. |
|
| us-gaap:DeferredTaxAssetsPropertyPlantAndEquipment |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Amount before
allocation of valuation allowances of deferred tax asset
attributable to deductible temporary differences from property,
plant, and equipment. |
|
| us-gaap:DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Amount before
allocation of valuation allowances of deferred tax asset
attributable to deductible temporary differences from share-based
compensation. |
|
| us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Amount before
allocation of valuation allowances of deferred tax asset
attributable to deductible temporary differences from estimated
impairment losses. |
|
| us-gaap:DeferredTaxAssetsValuationAllowance |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Amount of deferred
tax assets for which it is more likely than not that a tax benefit
will not be realized. |
|
| us-gaap:DepositsAssetsNoncurrent |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Carrying value of
amounts transferred to third parties for security purposes that are
expected to be returned or applied towards payment after one year or
beyond the operating cycle, if longer. |
|
| us-gaap:Depreciation |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
The amount of
expense recognized in the current period that reflects the
allocation of the cost of tangible assets over the assets' useful
lives. Includes production and non-production related
depreciation. |
|
| us-gaap:DerivativeLiabilities |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Fair value, after
the effects of master netting arrangements, of a financial liability
or contract with one or more underlyings, notional amount or payment
provision or both, and the contract can be net settled by means
outside the contract or delivery of an asset. Includes liabilities
not subject to a master netting arrangement and not elected to be
offset. |
|
| us-gaap:DirectorMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Person serving on
the board of directors (who collectively have responsibility for
governing the entity). |
|
| us-gaap:DueToRelatedPartiesCurrent |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Carrying amount as
of the balance sheet date of obligations due all related parties.
For classified balance sheets, represents the current portion of
such liabilities (due within one year or within the normal operating
cycle if longer). |
|
| us-gaap:EarningsPerShareBasicAndDiluted |
num:perShareItemType |
|
Duration |
|
— |
|
|
| |
The amount of net
income or loss for the period per each share in instances when basic
and diluted earnings per share are the same amount and reported as a
single line item on the face of the financial statements. Basic
earnings per share is the amount of net income or loss for the
period per each share of common stock or unit outstanding during the
reporting period. Diluted earnings per share includes the amount of
net income or loss for the period available to each share of common
stock or common unit outstanding during the reporting period and to
each share or unit that would have been outstanding assuming the
issuance of common shares or units for all dilutive potential common
shares or units outstanding during the reporting period. |
|
| us-gaap:EarningsPerShareBasicAndDilutedAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:EarningsPerShareBasicAndDilutedOtherDisclosuresAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:EarningsPerSharePolicyTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
accounting policy for computing basic and diluted earnings or loss
per share for each class of common stock and participating security.
Addresses all significant policy factors, including any antidilutive
items that have been excluded from the computation and takes into
account stock dividends, splits and reverse splits that occur after
the balance sheet date of the latest reporting period but before the
issuance of the financial statements. |
|
| us-gaap:EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate |
num:percentItemType |
|
Duration |
|
— |
|
|
| |
Percentage of
domestic federal statutory tax rate applicable to pretax income
(loss). |
|
| us-gaap:EmployeeStockOptionMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
An arrangement
whereby an employee is entitled to receive in the future, subject to
vesting and other restrictions, a number of shares in the entity at
a specified price, as defined in the agreement. Although there are
variations, normally, after vesting, when an option is exercised,
the employee-holder pays the strike value in cash to the issuing
employer-entity and receives equity shares. The equity shares can be
sold into the market for cash at the current market price without
restriction. Options may be used to attract, retain and incentivize
employees, in addition to their regular salary and other
benefits. |
|
| us-gaap:EquipmentMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Tangible personal
property used to produce goods and services. |
|
| us-gaap:EquityAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:EquityComponentDomain |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Components of
equity are the parts of the total Equity balance including that
which is allocated to common, preferred, treasury stock, retained
earnings, etc. |
|
| us-gaap:EquityMethodInvesteeNameDomain |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Name of
investment. |
|
| us-gaap:EquityMethodInvestmentOwnershipPercentage |
num:percentItemType |
|
Instant |
|
— |
|
|
| |
The percentage of
ownership of common stock or equity participation in the investee
accounted for under the equity method of accounting. |
|
| us-gaap:ExplorationExpenseMining |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Exploration
expenses (including prospecting) related to the mining industry
would be included in operating expenses. Exploration costs include
costs incurred in identifying areas that may warrant examination and
in examining specific areas that are considered to have prospects of
mineral reserves. |
|
| us-gaap:ExploratoryDrillingCostsCapitalizationAndImpairmentPolicy |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
accounting policy for capitalization of exploratory drilling costs,
including the criteria management applies in evaluating whether
costs incurred meet the criteria for initial capitalization,
continued capitalization, impairment, and how often such evaluations
are made. |
|
| us-gaap:FairValueMeasurementPolicyPolicyTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
accounting policy for fair value measurements of financial and
non-financial assets, liabilities and instruments classified in
shareholders' equity. Disclosures include, but are not limited to,
how an entity that manages a group of financial assets and
liabilities on the basis of its net exposure measures the fair value
of those assets and liabilities. |
|
| us-gaap:FurnitureAndFixturesMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Equipment commonly
used in offices and stores that have no permanent connection to the
structure of a building or utilities. Examples include, but are not
limited to, desks, chairs, tables, and bookcases. |
|
| us-gaap:GainLossOnSaleOfPropertyPlantEquipment |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
Amount of gain
(loss) on sale or disposal of property, plant and equipment assets,
including oil and gas property and timber property. |
|
| us-gaap:GeneralAndAdministrativeExpense |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
The aggregate total
of expenses of managing and administering the affairs of an entity,
including affiliates of the reporting entity, which are not directly
or indirectly associated with the manufacture, sale or creation of a
product or product line. |
|
| us-gaap:ImpairmentOfOilAndGasProperties |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
The expense
recorded to reduce the value of oil and gas assets consisting of
proved properties and unproved properties as the estimate of future
successful production from these properties is reduced. |
|
| us-gaap:ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
accounting policy for recognizing and measuring the impairment of
long-lived assets. An entity also may disclose its accounting policy
for long-lived assets to be sold. This policy excludes goodwill and
intangible assets. |
|
| us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
Amount of income
(loss) from continuing operations before deduction of income tax
expense (benefit) and income (loss) attributable to noncontrolling
interest, and addition of income (loss) from equity method
investments. |
|
| us-gaap:IncomeStatementAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:IncomeTaxDisclosureAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:IncomeTaxDisclosureTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
The entire
disclosure for income taxes. Disclosures may include net deferred
tax liability or asset recognized in an enterprise's statement of
financial position, net change during the year in the total
valuation allowance, approximate tax effect of each type of
temporary difference and carryforward that gives rise to a
significant portion of deferred tax liabilities and deferred tax
assets, utilization of a tax carryback, and tax uncertainties
information. |
|
| us-gaap:IncomeTaxExpenseBenefit |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Amount of current
income tax expense (benefit) and deferred income tax expense
(benefit) pertaining to continuing operations. |
|
| us-gaap:IncomeTaxPolicyTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
accounting policy for income taxes, which may include its accounting
policies for recognizing and measuring deferred tax assets and
liabilities and related valuation allowances, recognizing investment
tax credits, operating loss carryforwards, tax credit carryforwards,
and other carryforwards, methodologies for determining its effective
income tax rate and the characterization of interest and penalties
in the financial statements. |
|
| us-gaap:IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Amount of the
difference between reported income tax expense (benefit) and
expected income tax expense (benefit) computed by applying the
domestic federal statutory income tax rates to pretax income (loss)
from continuing operations attributable to increase (decrease) in
the valuation allowance for deferred tax assets. |
|
| us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
The amount of
income tax expense or benefit for the period computed by applying
the domestic federal statutory tax rates to pretax income from
continuing operations. |
|
| us-gaap:IncomeTaxReconciliationNondeductibleExpenseOther |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Amount of the
difference between reported income tax expense (benefit) and
expected income tax expense (benefit) computed by applying the
domestic federal statutory income tax rates to pretax income (loss)
from continuing operations attributable to other nondeductible
expenses. |
|
| us-gaap:IncomeTaxesPaid |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
The amount of cash
paid during the current period to foreign, federal, state, and local
authorities as taxes on income. |
|
| us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
The increase
(decrease) during the reporting period in the amounts payable to
vendors for goods and services received and the amount of
obligations and expenses incurred but not paid. |
|
| us-gaap:IncreaseDecreaseInAccountsPayableRelatedParties |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
The increase
(decrease) during the reporting period in the obligations due for
goods and services provided by the following types of related
parties: a parent company and its subsidiaries, subsidiaries of a
common parent, an entity and trust for the benefit of employees,
such as pension and profit-sharing trusts that are managed by or
under the trusteeship of the entities' management, an entity and its
principal owners, management, or member of their immediate families,
affiliates, or other parties with the ability to exert significant
influence. |
|
| us-gaap:IncreaseDecreaseInDepositOtherAssets |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
The increase
(decrease) during the reporting period in moneys or securities given
as security including, but not limited to, contract, escrow, or
earnest money deposits, retainage (if applicable), deposits with
clearing organizations and others, collateral, or margin
deposits. |
|
| us-gaap:IncreaseDecreaseInOperatingCapitalAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:InterestAndOtherIncome |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
The amount of
interest income and other income recognized during the period.
Included in this element is interest derived from investments in
debt securities, cash and cash equivalents, and other investments
which reflect the time value of money or transactions in which the
payments are for the use or forbearance of money and other income
from ancillary business-related activities (that is, excluding major
activities considered part of the normal operations of the
business). |
|
| us-gaap:InterestInUnincorporatedJointVenturesOrPartnershipsPolicy |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
accounting policy for interest in an unincorporated joint venture or
partnership that is included in the enterprise's financial
statements using the proportionate consolidation method of
accounting. |
|
| us-gaap:InterestPaid |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
The amount of cash
paid for interest during the period. |
|
| us-gaap:InterestPayableCurrentAndNoncurrent |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Amount of interest
payable on debt, including, but not limited to, trade
payables. |
|
| us-gaap:IssuanceOfStockAndWarrantsForServicesOrClaims |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Fair value of
share-based compensation granted to nonemployees as payment for
services rendered or acknowledged claims. |
|
| us-gaap:LesseeLeasingArrangementsOperatingLeasesTermOfContract |
xbrli:durationItemType |
|
Duration |
|
— |
|
|
| |
Term of the
lessee's leasing arrangement, in 'PnYnMnDTnHnMnS' format, for
example, 'P1Y5M13D' represents the reported fact of one year, five
months, and thirteen days. |
|
| us-gaap:LiabilitiesAndStockholdersEquity |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Amount of
liabilities and equity items, including the portion of equity
attributable to noncontrolling interests, if any. |
|
| us-gaap:LiabilitiesAndStockholdersEquityAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:LiabilitiesCurrent |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Total obligations
incurred as part of normal operations that are expected to be paid
during the following twelve months or within one business cycle, if
longer. |
|
| us-gaap:LiabilitiesCurrentAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:MaximumMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Upper limit of the
provided range. |
|
| us-gaap:MineralIndustriesDisclosuresAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:MineralIndustriesDisclosuresTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
The entire
disclosure for mineral industries. |
|
| us-gaap:MineralPropertiesNet |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Mineral properties,
net of adjustments. |
|
| us-gaap:MinimumMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Lower limit of the
provided range. |
|
| us-gaap:MiningPropertiesAndMineralRightsMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Legal right to
explore, extract, and retain some or all portions of the benefits
from mining or mineral deposits and properties used for
mining. |
|
| us-gaap:NetCashProvidedByUsedInFinancingActivities |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Amount of cash
inflow (outflow) from financing activities, including discontinued
operations. Financing activity cash flows include obtaining
resources from owners and providing them with a return on, and a
return of, their investment; borrowing money and repaying amounts
borrowed, or settling the obligation; and obtaining and paying for
other resources obtained from creditors on long-term
credit. |
|
| us-gaap:NetCashProvidedByUsedInFinancingActivitiesAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:NetCashProvidedByUsedInInvestingActivities |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Amount of cash
inflow (outflow) from investing activities, including discontinued
operations. Investing activity cash flows include making and
collecting loans and acquiring and disposing of debt or equity
instruments and property, plant, and equipment and other productive
assets. |
|
| us-gaap:NetCashProvidedByUsedInInvestingActivitiesAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:NetCashProvidedByUsedInOperatingActivities |
xbrli:monetaryItemType |
|
Duration |
|
— |
|
|
| |
Amount of cash
inflow (outflow) from operating activities, including discontinued
operations. Operating activity cash flows include transactions,
adjustments, and changes in value not defined as investing or
financing activities. |
|
| us-gaap:NetCashProvidedByUsedInOperatingActivitiesAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:NetIncomeLoss |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
The portion of
profit or loss for the period, net of income taxes, which is
attributable to the parent. |
|
| us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
accounting policy pertaining to new accounting pronouncements that
may impact the entity's financial reporting. Includes, but is not
limited to, quantification of the expected or actual
impact. |
|
| us-gaap:NonoperatingIncomeExpense |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
The aggregate
amount of income or expense from ancillary business-related
activities (that is to say, excluding major activities considered
part of the normal operations of the business). |
|
| us-gaap:NonoperatingIncomeExpenseAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:NotesPayableCurrent |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Sum of the carrying
values as of the balance sheet date of the portions of long-term
notes payable due within one year or the operating cycle if
longer. |
|
| us-gaap:NotesPayableFairValueDisclosure |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Fair value portion
of notes payable. |
|
| us-gaap:NotesPayableRelatedPartiesClassifiedCurrent |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
The amount for
notes payable (written promise to pay), due to related parties. Used
to reflect the current portion of the liabilities (due within one
year or within the normal operating cycle if longer). |
|
| us-gaap:OperatingExpenses |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Generally recurring
costs associated with normal operations except for the portion of
these expenses which can be clearly related to production and
included in cost of sales or services. Includes selling, general and
administrative expense. |
|
| us-gaap:OperatingExpensesAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:OperatingIncomeLoss |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
The net result for
the period of deducting operating expenses from operating
revenues. |
|
| us-gaap:OperatingLeasesFutureMinimumPaymentsDue |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Amount of required
minimum rental payments for leases having an initial or remaining
non-cancelable letter-terms in excess of one year. |
|
| us-gaap:OperatingLossCarryforwards |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Amount of operating
loss carryforward, before tax effects, available to reduce future
taxable income under enacted tax laws. |
|
| us-gaap:OperatingLossCarryforwardsExpirationDate |
xbrli:dateItemType |
|
Duration |
|
— |
|
|
| |
Expiration date of
each operating loss carryforward included in operating loss
carryforward, in CCYY-MM-DD format. |
|
| us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
The entire
disclosure for organization, consolidation and basis of presentation
of financial statements disclosure. |
|
| us-gaap:OtherNonoperatingExpense |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Amount of expense
related to nonoperating activities, classified as other. |
|
| us-gaap:PaymentsToAcquireMiningAssets |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
The cash outflow
from the purchase of mining and mining related assets during the
period. |
|
| us-gaap:PlanNameAxis |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Information by plan
name pertaining to equity-based compensation arrangements. |
|
| us-gaap:PlanNameDomain |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Name of the
equity-based compensation arrangement plan. |
|
| us-gaap:PreferredStockMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Preferred shares
may provide a preferential dividend to the dividend on common stock
and may take precedence over common stock in the event of a
liquidation. Preferred shares typically represent an ownership
interest in the company. |
|
| us-gaap:PreferredStockParOrStatedValuePerShare |
num:perShareItemType |
|
Instant |
|
— |
|
|
| |
Face amount or
stated value per share of preferred stock nonredeemable or
redeemable solely at the option of the issuer. |
|
| us-gaap:PreferredStockSharesAuthorized |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
The maximum number
of nonredeemable preferred shares (or preferred stock redeemable
solely at the option of the issuer) permitted to be issued by an
entity's charter and bylaws. |
|
| us-gaap:PreferredStockSharesIssued |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
Total number of
nonredeemable preferred shares (or preferred stock redeemable solely
at the option of the issuer) issued to shareholders (includes
related preferred shares that were issued, repurchased, and remain
in the treasury). May be all or portion of the number of preferred
shares authorized. Excludes preferred shares that are classified as
debt. |
|
| us-gaap:PreferredStockSharesOutstanding |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
Aggregate share
number for all nonredeemable preferred stock (or preferred stock
redeemable solely at the option of the issuer) held by stockholders.
Does not include preferred shares that have been
repurchased. |
|
| us-gaap:PreferredStockValue |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Aggregate par or
stated value of issued nonredeemable preferred stock (or preferred
stock redeemable solely at the option of the issuer). This item
includes treasury stock repurchased by the entity. Note: elements
for number of nonredeemable preferred shares, par value and other
disclosure concepts are in another section within stockholders'
equity. |
|
| us-gaap:PrepaidExpenseAndOtherAssetsCurrent |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Amount of asset
related to consideration paid in advance for costs that provide
economic benefits in future periods, and amount of other assets that
are expected to be realized or consumed within one year or the
normal operating cycle, if longer. |
|
| us-gaap:ProceedsFromIssuanceOfCommonStock |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
The cash inflow
from the additional capital contribution to the entity. |
|
| us-gaap:ProceedsFromIssuanceOfLongTermDebt |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
The cash inflow
from a debt initially having maturity due after one year or beyond
the operating cycle, if longer. |
|
| us-gaap:ProceedsFromOtherShortTermDebt |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Amount of cash
inflow from short-term debt classified as other. |
|
| us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
The cash inflow
from the sale of long-lived, physical assets that are used in the
normal conduct of business to produce goods and services and not
intended for resale. |
|
| us-gaap:PropertyPlantAndEquipmentAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:PropertyPlantAndEquipmentByTypeAxis |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Information by type
of long-lived, physical assets used to produce goods and services
and not intended for resale. |
|
| us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
The entire
disclosure for long-lived, physical assets used in the normal
conduct of business and not intended for resale. Includes, but is
not limited to, accounting policies and methodology, roll forwards,
depreciation, depletion and amortization expense, including
composite depreciation, accumulated depreciation, depletion and
amortization expense, useful lives and method used, income statement
disclosures, assets held for sale and public utility
disclosures. |
|
| us-gaap:PropertyPlantAndEquipmentGross |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Amount before
accumulated depreciation, depletion and amortization of physical
assets used in the normal conduct of business and not intended for
resale. Examples include, but are not limited to, land, buildings,
machinery and equipment, office equipment, and furniture and
fixtures. |
|
| us-gaap:PropertyPlantAndEquipmentLineItems |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Line items
represent financial concepts included in a table. These concepts are
used to disclose reportable information associated with domain
members defined in one or many axes to the table. |
|
| us-gaap:PropertyPlantAndEquipmentNet |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Amount after
accumulated depreciation, depletion and amortization of physical
assets used in the normal conduct of business to produce goods and
services and not intended for resale. Examples include, but are not
limited to, land, buildings, machinery and equipment, office
equipment, and furniture and fixtures. |
|
| us-gaap:PropertyPlantAndEquipmentPolicyTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
accounting policy for long-lived, physical assets used in the normal
conduct of business and not intended for resale. Includes, but is
not limited to, basis of assets, depreciation and depletion methods
used, including composite deprecation, estimated useful lives,
capitalization policy, accounting treatment for costs incurred for
repairs and maintenance, capitalized interest and the method it is
calculated, disposals and impairments. |
|
| us-gaap:PropertyPlantAndEquipmentTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Tabular disclosure
of physical assets used in the normal conduct of business and not
intended for resale. Includes, but is not limited to, balances by
class of assets, depreciation and depletion expense and method used,
including composite depreciation, and accumulated
deprecation. |
|
| us-gaap:PropertyPlantAndEquipmentTypeDomain |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Listing of
long-lived, physical assets that are used in the normal conduct of
business to produce goods and services and not intended for resale.
Examples include land, buildings, machinery and equipment, and other
types of furniture and equipment including, but not limited to,
office equipment, furniture and fixtures, and computer equipment and
software. |
|
| us-gaap:PropertyPlantAndEquipmentUsefulLife |
xbrli:durationItemType |
|
Duration |
|
— |
|
|
| |
Useful life of long
lived, physical assets used in the normal conduct of business and
not intended for resale, in 'PnYnMnDTnHnMnS' format, for example,
'P1Y5M13D' represents the reported fact of one year, five months,
and thirteen days. Examples include, but not limited to, land,
buildings, machinery and equipment, office equipment, furniture and
fixtures, and computer equipment. |
|
| us-gaap:RangeAxis |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Information by
range, including, but not limited to, upper and lower
bounds. |
|
| us-gaap:RangeMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Extent of
variation, for example, but not limited to, upper and lower
bounds. |
|
| us-gaap:RelatedPartyDomain |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Related parties
include affiliates; other entities for which investments are
accounted for by the equity method by the entity; trusts for benefit
of employees; and principal owners, management, and members of
immediate families. It also may include other parties with which the
entity may control or can significantly influence the management or
operating policies of the other to an extent that one of the
transacting parties might be prevented from fully pursuing its own
separate interests. |
|
| us-gaap:RelatedPartyTransactionAmountsOfTransaction |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Amount of
transactions with related party during the financial reporting
period. |
|
| us-gaap:RelatedPartyTransactionsAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:RelatedPartyTransactionsByRelatedPartyAxis |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Information by type
of related party. Related parties include, but not limited to,
affiliates; other entities for which investments are accounted for
by the equity method by the entity; trusts for benefit of employees;
and principal owners, management, and members of immediate families.
It also may include other parties with which the entity may control
or can significantly influence the management or operating policies
of the other to an extent that one of the transacting parties might
be prevented from fully pursuing its own separate
interests. |
|
| us-gaap:RelatedPartyTransactionsDisclosureTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
The entire
disclosure for related party transactions. Examples of related party
transactions include transactions between (a) a parent company and
its subsidiary; (b) subsidiaries of a common parent; (c) and entity
and its principal owners; and (d) affiliates. |
|
| us-gaap:RepaymentsOfNotesPayable |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
The cash outflow
for a borrowing supported by a written promise to pay an
obligation. |
|
| us-gaap:RepurchaseAgreementCounterpartyNameDomain |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Named other party
that participates in a financial transaction. Examples include, but
not limited to, the name of the financial institution. |
|
| us-gaap:RetainedEarningsAccumulatedDeficit |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
The cumulative
amount of the reporting entity's undistributed earnings or
deficit. |
|
| us-gaap:RetainedEarningsMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
The cumulative
amount of the reporting entity's undistributed earnings or
deficit. |
|
| us-gaap:RevenueRecognitionPolicyTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
accounting policy for revenue recognition. If the entity has
different policies for different types of revenue transactions, the
policy for each material type of transaction is generally disclosed.
If a sales transaction has multiple element arrangements (for
example, delivery of multiple products, services or the rights to
use assets) the disclosure may indicate the accounting policy for
each unit of accounting as well as how units of accounting are
determined and valued. The disclosure may encompass important
judgment as to appropriateness of principles related to recognition
of revenue. The disclosure also may indicate the entity's treatment
of any unearned or deferred revenue that arises from the
transaction. |
|
| us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Tabular disclosure
of the components of net deferred tax asset or liability recognized
in an entity's statement of financial position, including the
following: the total of all deferred tax liabilities, the total of
all deferred tax assets, the total valuation allowance recognized
for deferred tax assets. |
|
| us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Tabular disclosure
of the reconciliation using percentage or dollar amounts of the
reported amount of income tax expense attributable to continuing
operations for the year to the amount of income tax expense that
would result from applying domestic federal statutory tax rates to
pretax income from continuing operations. |
|
| us-gaap:ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Information by name
of investment. |
|
| us-gaap:ScheduleOfPropertyPlantAndEquipmentTable |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
information about physical assets used in the normal conduct of
business and not intended for resale. Includes, but is not limited
to, balances by class of assets, depreciation and depletion expense
and method used, including composite depreciation, and accumulated
deprecation. |
|
| us-gaap:ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Components of an
equity-based arrangement under which compensation is awarded to
employees, typically comprised of compensation expense; changes in
the quantity and fair value of the shares (or other type of equity)
granted, exercised, forfeited, and issued and outstanding pertaining
to that plan; and cash flow effects resulting from the equity-based
payment arrangement. Component disclosures are by type of award and
plan name. |
|
| us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Tabular disclosure
of the number and weighted-average exercise prices (or conversion
ratios) for share options (or share units) that were outstanding at
the beginning and end of the year, vested and expected to vest,
exercisable or convertible at the end of the year, and the number of
share options or share units that were granted, exercised or
converted, forfeited, and expired during the year. |
|
| us-gaap:ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Tabular disclosure
of warrants or rights issued. Warrants and rights outstanding are
derivative securities that give the holder the right to purchase
securities (usually equity) from the issuer at a specific price
within a certain time frame. Warrants are often included in a new
debt issue to entice investors by a higher return potential. The
main difference between warrants and call options is that warrants
are issued and guaranteed by the company, whereas options are
exchange instruments and are not issued by the company. Also, the
lifetime of a warrant is often measured in years, while the lifetime
of a typical option is measured in months. Disclose the title of
issue of securities called for by warrants and rights outstanding,
the aggregate amount of securities called for by warrants and rights
outstanding, the date from which the warrants or rights are
exercisable, and the price at which the warrant or right is
exercisable. |
|
| us-gaap:ShareBasedCompensation |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
The aggregate
amount of noncash, equity-based employee remuneration. This may
include the value of stock or unit options, amortization of
restricted stock or units, and adjustment for officers'
compensation. As noncash, this element is an add back when
calculating net cash generated by operating activities using the
indirect method. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue |
num:perShareItemType |
|
Duration |
|
— |
|
|
| |
Per share weighted
average intrinsic value of equity-based compensation awards granted.
Excludes stock and unit options. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedIntrinsicValue |
num:perShareItemType |
|
Instant |
|
— |
|
|
| |
Per share weighted
average intrinsic value of equity-based compensation awards not
vested. Excludes stock and unit options. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms |
xbrli:durationItemType |
|
Duration |
|
— |
|
|
| |
Weighted average
remaining contractual term for equity-based awards excluding
options, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D'
represents the reported fact of one year, five months, and thirteen
days. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Line items
represent financial concepts included in a table. These concepts are
used to disclose reportable information associated with domain
members defined in one or many axes to the table. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised |
xbrli:sharesItemType |
|
Duration |
|
— |
|
|
| |
Number of
non-option equity instruments exercised by participants. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations |
xbrli:sharesItemType |
|
Duration |
|
— |
|
|
| |
Number of shares
under non-option equity instrument agreements that were either
cancelled or expired. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted |
xbrli:sharesItemType |
|
Duration |
|
— |
|
|
| |
Net number of
non-option equity instruments granted to participants. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
Number of equity
instruments other than options outstanding, including both vested
and non-vested instruments. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized |
xbrli:sharesItemType |
|
Duration |
|
— |
|
|
| |
Number of
additional shares authorized for issuance under an established
share-based compensation plan. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
The maximum number
of shares (or other type of equity) originally approved (usually by
shareholders and board of directors), net of any subsequent
amendments and adjustments, for awards under the equity-based
compensation plan. As stock or unit options and equity instruments
other than options are awarded to participants, the shares or units
remain authorized and become reserved for issuance under outstanding
awards (not necessarily vested). |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
The difference
between the maximum number of shares (or other type of equity)
authorized for issuance under the plan (including the effects of
amendments and adjustments), and the sum of: 1) the number of shares
(or other type of equity) already issued upon exercise of options or
other equity-based awards under the plan; and 2) shares (or other
type of equity) reserved for issuance on granting of outstanding
awards, net of cancellations and forfeitures, if
applicable. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdditionalDisclosuresAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
The number of
shares into which fully or partially vested stock options
outstanding as of the balance sheet date can be currently converted
under the option plan. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice |
num:perShareItemType |
|
Instant |
|
— |
|
|
| |
The
weighted-average price as of the balance sheet date at which
grantees can acquire the shares reserved for issuance on vested
portions of options outstanding and currently exercisable under the
stock option plan. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue |
xbrli:monetaryItemType |
|
Duration |
|
Debit |
|
|
| |
Amount of
accumulated difference between fair value of underlying shares on
dates of exercise and exercise price on options exercised (or share
units converted) into shares. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod |
xbrli:sharesItemType |
|
Duration |
|
— |
|
|
| |
For presentations
that combine terminations, the number of shares under options that
were cancelled during the reporting period as a result of occurrence
of a terminating event specified in contractual agreements
pertaining to the stock option plan or that expired. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice |
num:perShareItemType |
|
Duration |
|
— |
|
|
| |
Weighted average
price of options that were either forfeited or expired. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross |
xbrli:sharesItemType |
|
Duration |
|
— |
|
|
| |
Gross number of
share options (or share units) granted during the period. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Amount by which the
current fair value of the underlying stock exceeds the exercise
price of options outstanding. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
Number of options
outstanding, including both vested and non-vested options. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
A roll forward is a
reconciliation of a concept from the beginning of a period to the
end of a period. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice |
num:perShareItemType |
|
Instant |
|
— |
|
|
| |
Weighted average
price at which grantees can acquire the shares reserved for issuance
under the stock option plan. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Amount of
difference between fair value of the underlying shares reserved for
issuance and exercise price of fully vested and expected to vest
options that are exercisable. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
As of the balance
sheet date, the number of shares into which fully vested and
expected to vest stock options outstanding can be converted under
the option plan. |
|
| us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice |
num:perShareItemType |
|
Instant |
|
— |
|
|
| |
As of the balance
sheet date, the weighted-average exercise price for outstanding
stock options that are fully vested or expected to vest. |
|
| us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Equity-based
compensation award. |
|
| us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice |
num:perShareItemType |
|
Duration |
|
— |
|
|
| |
Weighted average
price at which option holders acquired shares when converting their
stock options into shares. |
|
| us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice |
num:perShareItemType |
|
Duration |
|
— |
|
|
| |
Weighted average
per share amount at which grantees can acquire shares of common
stock by exercise of options. |
|
| us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
accounting policy for stock option and stock incentive plans. This
disclosure may include (1) the types of stock option or incentive
plans sponsored by the entity (2) the groups that participate in (or
are covered by) each plan (3) significant plan provisions and (4)
how stock compensation is measured, and the methodologies and
significant assumptions used to determine that
measurement. |
|
| us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedDividendRate |
num:percentItemType |
|
Duration |
|
— |
|
|
| |
The estimated
dividend rate (a percentage of the share price) to be paid (expected
dividends) to holders of the underlying shares over the expected
term of a nonvested share or option award issued to other than an
employee. |
|
| us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedTerm1 |
xbrli:durationItemType |
|
Duration |
|
— |
|
|
| |
Period an
equity-based award is expected to be outstanding, in
'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedVolatilityRate |
num:percentItemType |
|
Duration |
|
— |
|
|
| |
The estimated
measure of the percentage amount by which a share price is expected
to fluctuate during the expected term of a nonvested share or option
award issued to other than an employee. |
|
| us-gaap:ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodRiskFreeInterestRate |
num:percentItemType |
|
Duration |
|
— |
|
|
| |
The risk-free
interest rate assumption that is used in valuing a nonvested share
or option award issued to other than an employee. |
|
| us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding |
xbrli:monetaryItemType |
|
Instant |
|
Debit |
|
|
| |
Intrinsic value of
equity-based compensation awards outstanding. Excludes stock and
unit options. |
|
| us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 |
xbrli:durationItemType |
|
Duration |
|
— |
|
|
| |
Weighted average
remaining contractual term for vested portions of options
outstanding and currently exercisable or convertible, in
'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValueAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 |
xbrli:durationItemType |
|
Duration |
|
— |
|
|
| |
Weighted average
remaining contractual term for option awards outstanding, in
'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the
reported fact of one year, five months, and thirteen days. |
|
| us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1 |
xbrli:durationItemType |
|
Duration |
|
— |
|
|
| |
Weighted average
remaining contractual term for fully vested and expected to vest
options outstanding, in 'PnYnMnDTnHnMnS' format, for example,
'P1Y5M13D' represents the reported fact of one year, five months,
and thirteen days. |
|
| us-gaap:SharesOutstanding |
xbrli:sharesItemType |
|
Instant |
|
— |
|
|
| |
Number of shares
issued which are neither cancelled nor held in the
treasury. |
|
| us-gaap:SignificantAccountingPoliciesTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
The entire
disclosure for all significant accounting policies of the reporting
entity. |
|
| us-gaap:StatementEquityComponentsAxis |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Information by
component of equity. |
|
| us-gaap:StatementLineItems |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Line items
represent financial concepts included in a table. These concepts are
used to disclose reportable information associated with domain
members defined in one or many axes to the table. |
|
| us-gaap:StatementOfCashFlowsAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:StatementOfFinancialPositionAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:StatementOfStockholdersEquityAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:StatementTable |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Schedule reflecting
a Statement of Income, Statement of Cash Flows, Statement of
Financial Position, Statement of Shareholders' Equity and Other
Comprehensive Income, or other statement as needed. |
|
| us-gaap:StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities |
xbrli:sharesItemType |
|
Duration |
|
— |
|
|
| |
Number of shares
issued during the period as a result of the conversion of
convertible securities. |
|
| us-gaap:StockIssuedDuringPeriodSharesIssuedForServices |
xbrli:sharesItemType |
|
Duration |
|
— |
|
|
| |
Number of shares
issued in lieu of cash for services contributed to the entity.
Number of shares includes, but is not limited to, shares issued for
services contributed by vendors and founders. |
|
| us-gaap:StockIssuedDuringPeriodSharesNewIssues |
xbrli:sharesItemType |
|
Duration |
|
— |
|
|
| |
Number of new stock
issued during the period. |
|
| us-gaap:StockIssuedDuringPeriodSharesOther |
xbrli:sharesItemType |
|
Duration |
|
— |
|
|
| |
Number of shares of
stock issued attributable to transactions classified as
other. |
|
| us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised |
xbrli:sharesItemType |
|
Duration |
|
— |
|
|
| |
Number of share
options (or share units) exercised during the current
period. |
|
| us-gaap:StockIssuedDuringPeriodValueConversionOfConvertibleSecurities |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
The gross value of
stock issued during the period upon the conversion of convertible
securities. |
|
| us-gaap:StockIssuedDuringPeriodValueIssuedForServices |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
Value of stock
issued in lieu of cash for services contributed to the entity. Value
of the stock issued includes, but is not limited to, services
contributed by vendors and founders. |
|
| us-gaap:StockIssuedDuringPeriodValueNewIssues |
xbrli:monetaryItemType |
|
Duration |
|
Credit |
|
|
| |
Equity impact of
the value of new stock issued during the period. Includes shares
issued in an initial public offering or a secondary public
offering. |
|
| us-gaap:StockholdersEquity |
xbrli:monetaryItemType |
|
Instant |
|
Credit |
|
|
| |
Total of all
stockholders' equity (deficit) items, net of receivables from
officers, directors, owners, and affiliates of the entity which are
attributable to the parent. The amount of the economic entity's
stockholders' equity attributable to the parent excludes the amount
of stockholders' equity which is allocable to that ownership
interest in subsidiary equity which is not attributable to the
parent (noncontrolling interest, minority interest). This excludes
temporary equity and is sometimes called permanent equity. |
|
| us-gaap:StockholdersEquityAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:StockholdersEquityNoteDisclosureTextBlock |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
The entire
disclosure for shareholders' equity comprised of portions
attributable to the parent entity and noncontrolling interest,
including other comprehensive income. Includes, but is not limited
to, balances of common stock, preferred stock, additional paid-in
capital, other capital and retained earnings, accumulated balance
for each classification of other comprehensive income and amount of
comprehensive income. |
|
| us-gaap:StockholdersEquityNoteStockSplitConversionRatio1 |
xbrli:pureItemType |
|
Duration |
|
— |
|
|
| |
Ratio applied to
the conversion of stock split, for example but not limited to, one
share converted to two or two shares converted to one. |
|
| us-gaap:SubsequentEventMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Identifies event
that occurred after the balance sheet date but before financial
statements are issued or available to be issued. |
|
| us-gaap:SubsequentEventTypeAxis |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Information by
event that occurred after the balance sheet date but before
financial statements are issued or available to be issued. |
|
| us-gaap:SubsequentEventTypeDomain |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Event that occurred
after the balance sheet date but before financial statements are
issued or available to be issued. |
|
| us-gaap:SupplementalCashFlowInformationAbstract |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
|
|
| us-gaap:TitleOfIndividualAxis |
xbrli:stringItemType |
|
Duration |
|
— |
|
|
| |
Information by
title of individual or nature of relationship to individual or group
of individuals. |
|
| us-gaap:TitleOfIndividualWithRelationshipToEntityDomain |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Title of
individual, or nature of relationship to individual or group of
individuals. |
|
| us-gaap:UseOfEstimates |
nonnum:textBlockItemType |
|
Duration |
|
— |
|
|
| |
Disclosure of
accounting policy for the use of estimates in the preparation of
financial statements in conformity with generally accepted
accounting principles. |
|
| us-gaap:VehiclesMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Equipment used
primarily for road transportation. |
|
| us-gaap:WarrantMember |
nonnum:domainItemType |
|
Duration |
|
— |
|
|
| |
Security that gives
the holder the right to purchase shares of stock in accordance with
the terms of the instrument, usually upon payment of a specified
amount. |
|
| us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted |
xbrli:sharesItemType |
|
Duration |
|
— |
|
|
| |
Average number of
shares or units issued and outstanding that are used in calculating
basic and diluted earnings per share (EPS). |
|
| Total Elements |
|
327 |
| Total Non-Abstract Elements |
|
214 |
| Total Extension Elements |
|
70 |
| Percent Extended |
|
21% |
| Percent Extended (excluding abstracts) |
|
17% |
| Total Facts |
|
450 | |
| (End
Elements) |