v3.8.0.1
Consolidated Balance Sheets - USD ($)
Feb. 28, 2018
Aug. 31, 2017
CURRENT ASSETS    
Cash $ 5,369 $ 802
Prepaid deposits and services – Note 4 27,500 11,340
Total Current Assets 32,869 12,142
Mineral property – Note 5 804,656 804,656
TOTAL ASSETS 837,525 816,798
CURRENT LIABILITIES    
Accounts payable and accrued liabilities – Note 6 318,669 319,878
Loans payable – Note 7 25,650 44,270
Loans payable – related party – Note 8 601,748 557,576
Convertible note, net of unamortized discount – Note 9 654,749 634,555
Derivative liability – Note 10 674,745 729,180
TOTAL LIABILITIES 2,275,561 2,285,459
STOCKHOLDERS' DEFICIT    
Capital Stock Authorized 1,000,000 shares of preferred stock, $0.001 par value, issued and outstanding 100,000 shares (100,000 as at August 31, 2017) – Note 11 100 100
1,500,000,000 shares of common stock, $0.001 par value, issued and outstanding 1,134,375,275 shares (724,370,720 shares outstanding as at August 31, 2017) – Note 11 1,257,589 847,585
Additional paid in capital 2,603,484 2,451,570
Shares receivable (5,090) (5,090)
Accumulated deficit (5,294,119) (4,762,826)
TOTAL STOCKHOLDERS' DEFICIT (1,438,036) (1,468,661)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 837,525 $ 816,798