Quarterly report pursuant to Section 13 or 15(d)

Mineral Leases (Tables)

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