v2.4.0.8

3. Property, Plant and Equipment (Details) (USD $)	Aug. 31, 2013	Aug. 31, 2012
Property, Plant and Equipment, Net [Abstract]
Computer equipment	$ 5,179	$ 5,179
Mine and drilling equipment	0	4,650
Mobile mining equipment	5,000	13,300
Land and mill	1,434,846	1,391,041
Gross	1,445,025	1,414,170
Less accumulated depreciation	(8,819)	(17,756)
Net	$ 1,436,206	$ 1,396,414

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing.

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Amount before accumulated amortization of capitalized costs for computer software, including but not limited to, acquired and internally developed computer software.

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Capitalized costs which include those incurred to (1) to drill and equip those exploratory wells and exploratory-type stratigraphic test wells that have found proved reserves and (2) obtain access to proved reserves and provide facilities for extracting, treating, gathering, storing the oil and gas, including the drilling and equipping of development wells and development-type stratigraphic wells and service wells.

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Amount before accumulated depreciation of tangible personal property used to produce goods and services, including, but is not limited to, tools, dies and molds, computer and office equipment.

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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.

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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.

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