TRX Gold (TRX) 20-F 3 Dec 21 2021 FY Annual report (foreign) Financial data

Cover

Cover	12 Months Ended
	Aug. 31, 2021shares
Entity Addresses [Line Items]
Document Type	20-F
Amendment Flag	false
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Period End Date	Aug. 31, 2021
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--08-31
Entity File Number	001-32500
Entity Registrant Name	TANZANIAN GOLD CORPORATION
Entity Central Index Key	0001173643
Entity Incorporation, State or Country Code	Z4
Entity Address, Address Line One	150 King Street West
Entity Address, Address Line Two	Suite 200
Entity Address, Address Line Three	Toronto
Entity Address, City or Town	Ontario
Entity Address, State or Province	AB
Entity Address, Country	CA
Entity Address, Postal Zip Code	M5H 1J9
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Emerging Growth Company	false
Document Accounting Standard	International Financial Reporting Standards
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	254,870,556
ICFR Auditor Attestation Flag	true
Business Contact [Member]
Entity Addresses [Line Items]
Entity Address, Address Line One	150 King Street West
Entity Address, Address Line Two	Suite 200
Entity Address, Address Line Three	Toronto
Entity Address, City or Town	Ontario
Entity Address, Country	CA
Entity Address, Postal Zip Code	M5H 1J9
City Area Code	844
Local Phone Number	364-1830
Contact Personnel Name	Stephen Mullowney
Contact Personnel Fax Number	860.799.0350
Contact Personnel Email Address	TNXCorporate@tangoldcorp.com

Consolidated Statements of Fina

Consolidated Statements of Financial Position - USD ($) $ in Thousands	Aug. 31, 2021	Aug. 31, 2020	Sep. 01, 2019
Current Assets
Cash (Note 17)	$ 13,447	$ 4,053	$ 2,547
Amounts receivable (Note 13)	460	547	470
Prepaid and other assets (Note 14)	332	78	91
Inventory (Note 16)	1,179	726	393
Current assets	15,418	5,404	3,501
Property, plant and equipment (Note 6)	2,482	1,738	1,285
Mineral properties and deferred exploration (Note 5)	38,618	30,997	23,859
Assets	56,518	38,139	28,645
Current Liabilities
Trade, other payables and accrued liabilities (Notes 15)	5,263	4,950	4,737
Convertible loan (Note 24)			1,452
Gold bullion loans (Note 22)			3,757
Derivatives in gold bullion loans (Note 22)			977
Convertible debentures (Note 25)		5,089
Derivative warrant liabilities (Note 26)	2,149	551
Current liabilities	7,412	10,590	10,923
Derivative warrant liabilities			3,371
Asset Retirement Obligation (Note 20)	2,681	2,680	554
Liabilities	10,093	13,270	14,848
Shareholders’ equity
Share capital (Note 7)	158,129	135,100	108,218
Share based payment reserve (Note 9)	5,680	2,748	6,413
Warrants reserve (Note 8)	1,606	728	728
Accumulated deficit	(117,457)	(113,453)	(101,986)
Equity attributable to owners of the Company	47,958	25,123	13,373
Non-controlling interests (Note 21)	(1,533)	(254)	424
Total shareholders’ equity	46,425	24,869	13,797
Total Shareholders' Equity and Liabilities	$ 56,518	$ 38,139	$ 28,645

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
Administrative expenses
General and administrative expense (Note 27)	$ 9,027	$ 7,679	$ 3,660
Administrative expenses	(9,027)	(7,679)	(3,660)
Other income (expenses)
Financial instrument related cost and other (Note 28)	4,498	(3,681)	(2,349)
Foreign exchange	(78)	(545)	(200)
Interest, net	(7)	(17)	(13)
Field, camp and exploration costs	(669)	(223)	(144)
Write off of mineral properties and deferred exploration costs (Note 5)			(16,705)
Net loss and comprehensive loss	(5,283)	(12,145)	(23,071)
Loss and comprehensive loss attributable to:
Parent	(4,004)	(11,467)	(22,981)
Non-controlling interests	(1,279)	(678)	(90)
Net loss	$ (5,283)	$ (12,145)	$ (23,071)
Loss per share – basic and diluted attributable to Parent	$ (0.02)	$ (0.07)	$ (0.17)
Weighted average # of shares outstanding – basic and diluted	232,208,260	166,510,691	136,050,492

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Issued capital [member]	Reserve of share-based payments [member]	Reserve For Warrants [Member]	Accumulated other comprehensive income [member]	Equity attributable to owners of parent [member]	Non-controlling interests [member]	Total
Beginning balance, value at Aug. 31, 2018	$ 96,719	$ 7,189	$ 890	$ (79,005)	$ 25,793	$ 514	$ 26,307
Balance, number (in shares) at Aug. 31, 2018	125,162,803
IfrsStatementLineItems [Line Items]
Issued for cash, net of share issue costs	$ 6,724				6,724		6,724
Issued for cash, net of share issue costs (In Shares)	13,435,503
Shares issued for interest on gold loans and convertible loans	$ 528				528		528
Shares issued for interest on gold loans and convertible loans (In Shares)	1,836,229
Shares issued as financing fee for loans (Note 22 and 24)	$ 439				439		439
Shares issued as financing fee for loans (Note 22 and 24) (In Shares)	686,446
Issued for settlement of loans (Note 22 and 24)	$ 2,099				2,099		2,099
Issued for settlement of loans (Note 22 and 24) (In Shares)	7,789,895
Transfer of conversion component on conversion of convertible loans	$ 1,058	(1,058)
Stock options exercised	$ 20				20		20
Stock options exercised (in Shares)	63,333
Transfer of reserve on exercise of options	$ 21	(21)
Warrants issued (Note 7)	$ 162		(162)
Warrants exercised (In Shares)	85,127
Issued in trust for legal appeal	$ 448				448		448
Issued in trust for legal appeal (in Shares)	1,332,222
Conversion component of convertible loans		125			125		125
Share based compensation - Stock options		178			178		178
Net loss for the period				(22,981)	(22,981)	(90)	(23,071)
Ending balance, value at Aug. 31, 2019	$ 108,218	6,413	728	(101,986)	13,373	424	13,797
Balance, number (in shares) at Aug. 31, 2019	150,391,558
IfrsStatementLineItems [Line Items]
Issued for cash, net of share issue costs	$ 3,441				3,441		3,441
Issued for cash, net of share issue costs (In Shares)	6,768,634
Shares issued for interest on gold loans and convertible loans	$ 584				584		584
Shares issued for interest on gold loans and convertible loans (In Shares)	1,463,855
Shares issued as financing fee for loans (Note 22 and 24)	$ 477				477		477
Shares issued as financing fee for loans (Note 22 and 24) (In Shares)	1,025,762
Issued for settlement of loans (Note 22 and 24)	$ 11,382				11,382		11,382
Issued for settlement of loans (Note 22 and 24) (In Shares)	29,267,417
Transfer of conversion component on conversion of convertible loans	$ 4,286	(4,286)
Warrants issued (Note 7)	$ 3,484				3,484		3,484
Warrants exercised (In Shares)	5,434,896
Shares issued for compensation	$ 3,228				3,228		3,228
Shares issued for compensation (In Shares)	5,623,000
Conversion component of convertible loans		613			613		613
Share based compensation - Stock options		8			8		8
Net loss for the period				(11,467)	(11,467)	(678)	(12,145)
Ending balance, value at Aug. 31, 2020	$ 135,100	2,748	728	(113,453)	25,123	(254)	24,869
Balance, number (in shares) at Aug. 31, 2020	199,975,122
IfrsStatementLineItems [Line Items]
Issued for cash, net of share issue costs	$ 23,226				23,226		23,226
Issued for cash, net of share issue costs (In Shares)	38,477,666
Share based compensation - bonus shares accrued		2,933			2,933		2,933
Transfer of conversion component on conversion of convertible loans
Transfer of reserve on exercise of options	1	(1)
Warrants issued (Note 7)	$ (8,710)		878		(7,832)		(7,832)
Warrants exercised (In Shares)
Issued for settlement of convertible debentures (Note 25)	$ 7,015				7,015		7,015
Issued for settlement of convertible debentures (Note 25) (In Shares)	12,150,447
Shares issued for settlement of debts related to convertible and gold loans (Note 15)	$ 1,497				1,497		1,497
Shares issued for settlement of debts related to convertible and gold loans (Note 15) (In Shares)	4,266,321
Options exercised (Note 7)
Options exercised (Note 7) (In Shares)	1,000
Share based compensation - Stock options
Net loss for the period				(4,004)	(4,004)	(1,279)	(5,283)
Ending balance, value at Aug. 31, 2021	$ 158,129	$ 5,680	$ 1,606	$ (117,457)	$ 47,958	$ (1,533)	$ 46,425
Balance, number (in shares) at Aug. 31, 2021	254,870,556

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
Operating
Net loss	$ (5,283)	$ (12,145)	$ (23,071)
Adjustments to reconcile net loss to cash flow from operating activities:
Non-cash items (Note 29)	(1,963)	4,696	19,237
Cash cost of share issuance reflected under financing activities	665
Net change in non-cash operating working capital items:
Amounts receivable	87	(77)	(267)
Inventory	(453)	(333)	3
Prepaid and other assets	(254)	13	(2)
Trade, other payables and accrued liabilities	(316)	1,247	174
Cash used in operating activities	(7,517)	(6,599)	(3,926)
Investing
Mineral properties and deferred exploration costs	(8,117)	(6,418)	(2,169)
Proceeds from gold sales	2,524	368
Purchase of property, plant and equipment	(1,030)	(673)	(18)
Cash used in investing activities	(6,623)	(6,723)	(2,187)
Financing
Issuance of common shares for cash	24,400	3,441	6,883
Issue costs	(1,839)
Repayment of leases	(27)
Proceeds from issuance of convertible debentures	1,000	6,000
Proceeds from issuance of convertible loans		5,164	1,234
Proceeds from issuance of gold loans		223	216
Cash provided by financing activities	23,534	14,828	8,333
Net increase in cash	9,394	1,506	2,220
Cash, beginning of year	4,053	2,547	327
Cash, end of year	13,447	4,053	2,547
Non-cash transactions:
Value of shares issued for interest on loans		584	528
Value of shares issued as financing fee for convertible loans		477	439
Value of shares issued on conversion of loans		11,382	2,099
Value of shares issued for compensation		3,228
Cashless exercise of warrants		3,484	162
Value of shares issued on conversion of debentures	7,015
Warrants issued	(8,710)
Value of shares issued for settlement of debts related to convertible and gold loans	$ 1,497

Nature of Operations and Going

Nature of Operations and Going Concern	12 Months Ended
	Aug. 31, 2021
Nature Of Operations And Going Concern
Nature of Operations and Going Concern	1. Nature of Operations and Going Concern The Company was originally incorporated under the corporate name “ 424547 Alberta Ltd Business Corporations Act (“TanGold”, “Group” or the “Company”) 400 3 rd The Company is in the process of exploring, developing, and evaluating its mineral properties. The business of exploring and mining for minerals involves a high degree of risk. The underlying value of the mineral properties is dependent upon the existence and economic recovery of mineral resources and reserves, the ability to raise long-term financing to complete the development of the properties, government policies and regulations, and upon future profitable production or, alternatively, upon the Company’s ability to dispose of its interest on an advantageous basis; all of which are uncertain. The amounts shown as mineral properties and deferred exploration expenditures represent costs incurred to date, less amounts amortized and/or written off, and do not necessarily represent present or future values. The underlying value of the mineral properties is entirely dependent on the existence of economically recoverable reserves, securing and maintaining title and beneficial interest, the ability of the Company to obtain the necessary financing to complete development, and future profitable production. The Company reviews its going concern status, via comparisons to budgets, cash flow forecasts, and access to further financing. At the balance sheet date, the Company had $ 13.4 These consolidated financial statements do not give effect to any adjustment which would be necessary should the Company be unable to continue as a going concern and, therefore, be required to realize its assets and discharge its liabilities in other than the normal course of business and at amounts different from those reflected in the consolidated financial statements and such adjustments may be material.

Basis of Preparation

Basis of Preparation	12 Months Ended
	Aug. 31, 2021
Basis of Preparation	2. Basis of Preparation 2.1 Statement of compliance The Company’s consolidated financial statements, including comparatives, have been prepared in accordance with and using accounting policies in full compliance with the International Financial Reporting Standards (“IFRS”) and International Accounting Standards (“IAS”) issued by the International Accounting Standards Board (“IASB”) and Interpretations of the International Financial Reporting Interpretations Committee (“IFRIC”), effective for the Company’s reporting for the year ended August 31, 2021. These consolidated financial statements were approved and authorized by the Board of Directors of the Company on November 29, 2021. 2.2 Basis of presentation The consolidated financial statements of the Company as at and for the years ended August 31, 2021, 2020 and 2019 comprise of the Company and its subsidiaries (together referred to as “TanGold”, the “Company” or “Group”). The consolidated financial statements have been prepared on the historical cost basis except for certain financial instruments, which are measured at fair value, as explained in the accounting policies set out in note 3. Foreign Currency Translation Functional & presentation currencies The functional currency of the Company is the US dollar. The functional currency of the Company’s Tanzanian subsidiaries is the US dollar, which is determined to be the currency of the primary economic environment in which the subsidiaries operate. During the year ended August 31, 2021, the Company changed its presentation currency from the Canadian dollar (“CAD”) to the US dollar. The Company believes that the change in presentation currency will provide shareholders with a better reflection of the Company’s business activities and enhance the comparability of the Company’s financial information to its peers. For more details, see Note 4 of these audited consolidated financial statements. 2.3 COVID-19 The preparation of the condensed consolidated financial statements requires management to make assumptions and estimates that affect the reported amounts of assets and liabilities at the date of the financial statements and reported amounts of income and expenses during the reporting period. These consolidated financial statements include estimates, which by their nature, are uncertain. These assumptions and associated estimates are based on historical experience and other factors that are considered to be relevant. While there has been increased economic optimism in the early part of 2021 as the global economy continued to show signs of recovery from the impacts of the COVID-19 pandemic, current market conditions may result in additional uncertainties, risks and complexities in management’s determination of the estimates and assumptions used to prepare the Company’s financial results. As the COVID-19 pandemic continues, management cannot reasonably estimate the length or severity of the impact on the Company. As such, actual results may differ from estimates and the effect of such differences may be material.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Aug. 31, 2021
Summary of Significant Accounting Policies	3. Summary of Significant Accounting Policies 3.1 Basis of consolidation The consolidated financial statements include the financial statements of the Company and its controlled subsidiaries: Tanzania American International Development Corporation 2000 Limited (“Tanzam”), Tancan Mining Co. Limited (“Tancan”), and Buckreef Gold Company Ltd. (“Buckreef Gold”). Control is achieved when the Company has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities. Subsidiaries are consolidated from the date of acquisition, being the date on which the Company obtains control, and continue to be consolidated until the date when such control ceases. The financial statements of the subsidiaries are prepared for the same reporting period as the parent company, using consistent accounting policies. The consolidated financial statements of the Company set out the assets, liabilities, expenses, and cash flows of the Company and its subsidiaries, namely: Schedule of Consolidated Financial Statement Ownership interest as at August 31, Country of 2021 2020 Tanzam Tanzania 100 % 100 % Tancan Tanzania 100 % 100 % Buckreef Gold Tanzania 55 % 55 % All inter - Non - 3.2 Mineral properties and deferred exploration All direct costs related to the acquisition and exploration and development of specific properties are capitalized as incurred. Any cost incurred prior to obtaining the legal right to explore a mineral property are expensed as incurred. Field overhead costs directly related to exploration are capitalized and allocated to mineral properties explored. All other overhead and administration costs are expensed as incurred. If a property is abandoned, sold or impaired, an appropriate charge will be made to the statement of comprehensive loss at the date of such impairment. Discretionary option payments arising on the acquisition of mining properties are only recognized when paid. Amounts received from other parties to earn an interest in the Company's mining properties are applied as a reduction of the mining property and deferred exploration and development costs until all capitalized costs are recovered at which time additional reimbursements are recorded in the consolidated statement of comprehensive loss, except for administrative reimbursements which are credited to operations. As the Company is in the exploration stage, it has no significant ongoing sources of revenue. Incidental revenue is generated from the sale of gold bars. In accordance with IFRS 15, the Company recognizes revenue when the gold is shipped to the customer. Delivery of the gold is considered to be the only performance obligation and revenue is measured based on the consideration specified in the contract with the customer. Gold sales generated from bulk sampling activities are treated as a cost recovery against exploration expenses. The Company reviews the carrying value of a mineral property when events or changes in circumstances indicate that the carrying value may not be recoverable. Examples of such events or changes in circumstances are as follows: · the period for which the Company has the right to explore in the specific area has expired during the period or will expire in the near future, and is not expected to be renewed; · substantive expenditure on further exploration for and evaluation of mineral resources in the specific area is neither budgeted nor planned; · exploration for and evaluation of mineral resources in the specific area have not led to the discovery of commercially viable quantities of mineral resources and the entity has decided to discontinue such activities in the specific area; and · sufficient data exist to indicate that, although a development in the specific area is likely to proceed, the carrying amount of the exploration and evaluation asset is unlikely to be recovered in full from successful development or by sale. If the carrying value exceeds the fair value, the property will be written down to fair value with a provision charged against operations in the year of impairment. An impairment is also recorded when management determines that it will discontinue exploration or development on a mineral property or when exploration rights or permits expire. Ownership in mineral properties involves certain risks due to the difficulties in determining the validity of certain claims as well as the potential for problems arising from the frequently ambiguous conveyance history characteristic of many mineral interests. Once an economically viable reserve has been determined for a property and a decision has been made to proceed with development has been approved, acquisition, exploration and development costs previously capitalized to the mineral property are first tested for impairment and then classified as property, plant and equipment under construction. These costs will be amortized against the income generated from the mineral property. 3.3 Property, plant and equipment Property, plant and equipment (“PPE”) are stated at cost less accumulated depreciation and accumulated impairment losses. The cost of an item of PPE consists of the purchase price, any costs directly attributable to bringing the asset to the location and condition necessary for its intended use and an initial estimate of the costs of dismantling and removing the item and restoring the site on which it is located. Depreciation is provided at the following rates calculated to write off the cost of PPE, less their estimated residual value, using the straight-line methods over its estimated remaining useful life, or the remaining life of the mine if shorter: Schedule of Depreciation Rate for Property, Plant and Equipment Straight-line (years to depreciate) Machinery and equipment 5 to 8 Automotive 5 Computer equipment 3 Leasehold improvements 5 Processing plant 8 An item of PPE is derecognized upon disposal, when held for sale or when no future economic benefits are expected to arise from the continued use of the asset. Any gain or loss arising on disposal of the asset, determined as the difference between the net disposal proceeds and the carrying amount of the asset, is recognized in the consolidated statement of comprehensive loss. Assets under construction are capitalized as construction-in-progress. The cost of construction-in-progress comprises of its purchase price and any costs directly attributable to bringing it into working condition for its intended use. Such cost includes the cost of replacing part of the plant and equipment and borrowing costs for long-term construction projects if the recognition criteria are met. Construction-in-progress assets are not depreciated until it is completed and available for use. The Company conducts an annual assessment of the residual balances, useful lives and depreciation methods being used for PPE and any changes arising from the assessment are applied by the Company prospectively. Where an item of plant and equipment comprises major components with different useful lives, the components are accounted for as separate items of plant and equipment. Expenditures incurred to replace a component of an item of property, plant and equipment that is accounted for separately, the major inspection and overhaul expenditures of replacement of such a component are capitalized. 3.4 Decommissioning, restoration and similar liabilities (“Asset retirement obligation” or “ARO”) The Company recognizes liabilities for statutory, contractual, constructive or legal obligations, including those associated with the reclamation of mineral properties and PPE, when those obligations result from the acquisition, construction, development or normal operation of the Company’s assets. Initially, a liability for an asset retirement obligation is recognized at its fair value in the period in which it is incurred. Upon initial recognition of the liability, the corresponding asset retirement obligation is added to the carrying amount of the related asset and the cost is amortized as an expense over the economic life of the asset using the declining balance method. Following the initial recognition of the asset retirement obligation, the carrying amount of the liability is increased for the passage of time and adjusted for changes to the current market - 3.5 Share based payments Share based payment transactions Employees (including directors and senior executives) of the Company receive a portion of their remuneration in the form of share-based payment transactions, whereby employees render services as consideration for equity instruments (“equity - In situations where equity instruments are issued and some or all of the goods or services received by the entity as consideration cannot be specifically identified, they are measured at fair value of the share - Equity settled transactions The costs of equity settled transactions with employees are measured by reference to the fair value at the date on which they are granted. The costs of equity - - No expense is recognized for awards that do not ultimately vest, except for awards where vesting is conditional upon a market condition, which are treated as vesting irrespective of whether or not the market condition is satisfied provided that all other performance and/or service conditions are satisfied. Where the terms of an equity - - The effect of outstanding options is considered in the computation of earnings per share, if dilutive. 3.6 Taxation Income tax expense represents the sum of current tax and deferred tax. Current income tax Current income tax assets and liabilities for the current and prior periods are measured at the amount expected to be recovered from or paid to the taxation authorities. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted by the date of the statement of financial position. Deferred income tax Deferred income tax is provided using the liability method on temporary differences at the date of the statement of financial position between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes. Deferred income tax liabilities are recognized for all taxable temporary differences, except: · where the deferred income tax liability arises from the initial recognition of goodwill or of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither the accounting profit nor taxable profit or loss; and · in respect of taxable temporary differences associated with investments in subsidiaries, associates and interests in joint ventures, where the timing of the reversal of the temporary differences can be controlled and it is probable that the temporary differences will not reverse in the foreseeable future. Deferred income tax assets are recognized for all deductible temporary differences, carry forward of unused tax credits and unused tax losses, to the extent that it is probable that taxable profit will be available against which the deductible temporary differences and the carry forward of unused tax credits and unused tax losses can be utilized except: · where the deferred income tax asset relating to the deductible temporary difference arises from the initial recognition of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither the accounting profit nor taxable profit or loss; and · in respect of deductible temporary differences associated with investments in subsidiaries, associates and interests in joint ventures, deferred income tax assets are recognized only to the extent that it is probable that the temporary differences will reverse in the foreseeable future and taxable profit will be available against which the temporary differences can be utilized. The carrying amount of deferred income tax assets is reviewed at the date of the statement of financial position and reduced to the extent that it is no longer probable that sufficient taxable profit will be available to allow all or part of the deferred income tax asset to be utilized. Unrecognized deferred income tax assets are reassessed at the date of the statement of financial position and are recognized to the extent that it has become probable that future taxable profit will allow the deferred tax asset to be recovered. Deferred income tax assets and liabilities are measured at the tax rates that are expected to apply to the year when the asset is realized or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted at the date of the statement of financial position. Deferred income tax relating to items recognized directly in equity is recognized in equity. Deferred income tax assets and liabilities are offset if, and only if, a legally enforceable right exists to set off current tax assets against current tax liabilities and the deferred tax assets and liabilities relate to income taxes levied by the same taxation authority on either the same taxable entity or different taxable entities which intend to either settle current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously, in each future period in which significant amounts of deferred tax assets or liabilities are expected to be settled or recovered. Sales tax Expenses and assets are recognized net of the amount of sales tax, except: · when the sales tax incurred on a purchase of assets or services is not recoverable from the taxation authority, in which case the sales tax is recognized as part of the cost of acquisition of the asset or as part of the expense item, as applicable; or · when receivables and payables are stated with the amount of sales tax included. The net amount of sales tax recoverable from, or payable to, the taxation authority is included as part of receivables or payables in the consolidated statement of financial position. 3.7 Loss per share The basic loss per share is computed by dividing the net loss by the weighted average number of common shares outstanding during the year. The diluted loss per share reflects the potential dilution of common share equivalents, such as outstanding restricted stock units, share purchase warrants, convertible debt, and stock options, in the weighted average number of common shares outstanding during the year, if dilutive. Because the Company incurred net losses, the effect of the dilutive instruments would be anti-dilutive and therefore diluted loss per share equals basic loss per share. 3.8 Financial instruments Financial assets Financial assets are classified as either financial assets at fair value through profit or loss (“FVTPL”), amortized cost, or fair value through other comprehensive income (“FVOCI”). The Company determines the classification of its financial assets at initial recognition. · FVTPL Financial assets are classified at FVTPL if they do not meet the criteria to be classified at amortized cost or fair value through OCI. Gains or losses on these items are recognized in net earnings or loss. · Amortized cost Financial assets are classified at amortized cost if both of the following criteria are met and the financial assets are not designated as at FVTPL: 1) the object of the Company’s business model for these financial assets is to collect their contractual cash flows and 2) the asset’s contractual cash flows represent “solely payments of principal and interest”. The Company’s other receivables are recorded at amortized cost as they meet the required criteria. A provision is recorded when the estimated recoverable amount of the financial asset is lower than the carrying amount. At each statement of financial position date, the Company assesses on a forward - · FVOCI For equity securities that are not held for trading, the Company can make an irrevocable election at initial recognition to classify the instruments at FVOCI, with all subsequent changes in fair value being recognized in other comprehensive income (“OCI”). This election is available for each separate investment. Under this new FVOCI category, fair value changes are recognized in OCI while dividends are recognized in profit or loss. On disposal of the investment, the cumulative fair value change remains in OCI and is not recycled to net earnings or loss. · Reclassifications Financial assets are not reclassified subsequent to their initial recognition, except in the period after the Company changes its business model for managing financial assets. Derivative warrant liabilities Foreign currency denominated warrants (not including compensation warrants), are considered a derivative as they are not indexed solely to the entity’s own stock. During the year ended August 31, 2020, the foreign currency denominated warrants were exercised in full. During the year ended August 31, 2021 the Company issued convertible debentures with detachable warrants for the Company’s common shares. The warrants are classified as a derivative financial liability as they are potentially exercisable in cash or on a cashless basis resulting in a variable number of shares being issued. The warrants are initially recognized at fair value and subsequently measured at fair value with changes recognized through profit or loss. The Company uses the Black-Scholes pricing model to estimate fair value at each exercise and period end date. Agent warrants and warrants Warrants issued to agents in connection with an equity financing are recorded at fair value and charged to share issue costs associated with the offering with an offsetting credit to warrants reserve in shareholders’ equity. Warrants included in units offered to subscribers in connection with financings are valued using the residual value method whereby proceeds are first allocated to the fair value of the shares and the excess if any, allocated to the warrants. Financial liabilities Trade, other payables and accrued liabilities, gold and convertible loans payable, and lease payable are accounted for at amortized cost. During the year ended August 31, 2021, the Company issued convertible debentures containing embedded derivatives that are not closely related to the host. The Company elected to measure the convertible debentures at FVTPL. For financial liabilities designated at FVTPL, any impact on fair value due to changes in credit risk are presented in OCI. During the year, there was no impact on fair value due to changes in credit risk. Transaction costs associated with financial instruments, carried at FVTPL, are expensed as incurred, while transaction costs associated with all other financial instruments are included in the initial carrying amount of the asset or the liability. Impairment of non-financial assets At the date of the statement of financial position, the Company reviews the carrying amounts of its property, plant and equipment to determine whether there is an indication that those assets may be impaired. If any, the recoverable amount of the asset is estimated in order to determine the extent of the impairment. Where it is not possible to estimate the recoverable amount of an individual asset, the Company estimates the recoverable amount of the cash - The recoverable amount is the higher of fair value less costs of disposal and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre - If the recoverable amount of the asset (or cash - Where an impairment loss subsequently reverses, the carrying amount of the asset (cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognized for the asset (or cash - Cash and cash equivalents Cash and cash equivalents in the statement of financial position comprise cash at banks and on hand, and short-term deposits with an original maturity of three months or less, which are readily convertible into a known amount of cash. Related party transactions Parties are considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Parties are considered to be related if they are subject to common control or are controlled by parties that have significant influence over the entity. Related parties may be individuals or corporate entities. A transaction is considered to be a related party transaction when there is a transfer of resources or obligations between related parties. Related party transactions that are in the normal course of business and have commercial substance are measured at the exchange amount, being the amount agreed by the parties to the transaction. Foreign currency transactions Functional and presentation currency Items included in the financial statements of each of the Company’s subsidiaries are measured using the currency of the primary economic environment in which the entity operates (“the functional currency”). The functional currency of the Company and each of its subsidiaries is the US dollar. The presentation currency of the Company is the US dollar. Transactions and balances Foreign currency transactions are recorded at the rate of exchange existing on the transaction date. Foreign currency monetary assets and liabilities are translated at the rate of exchange at the reporting date. Differences arising on settlement or translation of monetary items are recognised in profit or loss. Non-monetary items measured at historical cost continued to be carried at the exchange rates at the dates of the transactions. Non-monetary items measured at fair value are translated using the exchange rates at the date when the fair value is determined. The gain or loss arising on translation of is treated in line with the recognition of the gain or loss on the change in fair value of such an item. Group companies The results and financial position of all the consolidated entities are translated in to the presentation currency as follows: · assets and liabilities for each statement of financial position presented are translated at the exchange rate on the date of the statement of financial position , · income and expenses for each statement of comprehensive loss are translated at the average exchange rate in effect during the reporting period; and · all resulting exchange differences are recognized in accumulated other comprehensive income . Significant accounting judgments and estimates The preparation of these consolidated financial statements requires management to make judgements and estimates and form assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. On an ongoing basis, management evaluates its judgements and estimates in relation to assets, liabilities, revenue and expenses. Management uses historical experience and various other factors it believes to be reasonable under the given circumstances as the basis for its judgements and estimates. Actual outcomes may differ from these estimates under different assumptions and conditions. The most significant estimates relate to the appropriate depreciation rate for property, plant and equipment, the valuation of warrant liability, the recoverability of other receivables, the valuation of deferred income tax amounts, the impairment on mineral properties and deferred exploration and property, plant and equipment and the calculation of share - Inventory Stockpiled ore and consumables are measured at the lower of cost or net realizable value. Net realizable value is the estimated future sales price of a product the Company expects to realize when the product is processed and sold, less estimated costs to complete production and bring the product to sale. Where the time value of money is material, these future prices and costs to complete are discounted. Any provision for obsolescence is determined by reference to specific products. A regular review is undertaken to determine the extent of any provision for obsolescence. Borrowing costs Borrowing costs directly attributable to the acquisition, construction or production of an asset that necessarily takes a substantial period of time to get ready for its intended use or sale are capitalized as part of the cost of the asset. All other borrowing costs are expensed in the period in which they occur. Borrowing costs consist of interest and other costs that an entity incurs in connection with the borrowing of funds.

Change in Presentation Currency

Change in Presentation Currency	12 Months Ended
	Aug. 31, 2021
Change In Presentation Currency
Change in Presentation Currency	4. Change in Presentation Currency Effective September 1, 2020, the Company changed its presentation currency to US dollars from Canadian dollars. The Company believes that the change in presentation currency will provide shareholders with a better reflection of the Company’s business activities and enhance the comparability of the Company’s financial information to peers. The change in presentation currency represents a voluntary change in accounting policy, which is accounted for retrospectively. The consolidated financial statements for all periods presented have been translated into the new presentation currency in accordance with IAS 21 – The Effects of Changes in Foreign Exchange Rates. The consolidated statements of comprehensive loss and the consolidated statements of cash flows have been translated into the presentation currency using the average exchange rates prevailing during each reporting period. In the consolidated statements of financial position, all assets and liabilities have been translated using the period end exchange rates, and all resulting exchange differences have been recognized in accumulated deficit. Asset and liability amounts previously reported in Canadian dollars have been translated into US dollars as at September 1, 2019, and August 31, 2020, using the period end exchange rates of 1.3028 CAD/USD, 1.3307 CAD/USD, respectively, and shareholders’ equity balances have been translated using historical rates in effect on the date of the transactions. The change in presentation currency resulted in the following impact on the September 2019 opening consolidated statement of financial position: Schedule of change in presentation currency As at September 1, 2019 Reported at September 1, 2019 in CAD Presentation currency change Restated at September 1, 2019 in USD Consolidated statement of financial position Cash 3,389 (842 ) 2,547 Other current assets 1,269 (315 ) 954 Non-current assets 33,461 (8,317 ) 25,144 Total assets 38,119 (9,474 ) 28,645 Current liabilities (14,531 ) 3,608 (10,923 ) Long term debt (5,224 ) 1,299 (3,925 ) Total liabilities (19,755 ) 4,907 (14,848 ) Share capital 142,252 (34,034 ) 108,218 Reserves 9,407 (2,266 ) 7,141 Accumulated deficit and other comprehensive income (133,877 ) 31,891 (101,986 ) Non-controlling interests 582 (158 ) 424 Total shareholders’ equity 18,364 (4,567 ) 13,797 The change in presentation currency resulted in the following impact on the August 31, 2020 consolidated statement of financial position: As at August 31, 2020 Reported at August 31, 2020 in CAD Presentation currency change Restated at August 31, 2020 in USD Consolidated statement of financial position Cash 5,294 (1,241 ) 4,053 Other current assets 1,764 (413 ) 1,351 Non-current assets 42,753 (10,018 ) 32,735 Total assets 49,811 (11,672 ) 38,139 Current liabilities (13,831 ) 3,241 (10,590 ) Long term debt (3,500 ) 820 (2,680 ) Total liabilities (17,331 ) 4,061 (13,270 ) Share capital 178,397 (43,297 ) 135,100 Reserves 4,482 (1,006 ) 3,476 Accumulated deficit and other comprehensive income (150,037 ) 36,584 (113,453 ) Non-controlling interests (362 ) 108 (254 ) Total shareholders’ equity 32,480 (7,611 ) 24,869 The change in presentation currency resulted in the following impact on the August 31, 2019 consolidated statement of comprehensive loss: Schedule of consolidated statement of comprehensive loss Reported at August 31, 2019 in CAD Presentation currency change Restated at August 31, 2019 in USD General and administrative expense (4,853 ) 1,193 (3,660 ) Other income (expense) (25,565 ) 6,154 (19,411 ) Net loss and comprehensive loss (30,418 ) 7,347 (23,071 ) Earnings per share – basic and diluted (0.22 ) 0.05 (0.17 ) The change in presentation currency resulted in the following impact on the August 31, 2020 consolidated statement of comprehensive loss: Reported at August 31, 2020 in CAD Presentation currency change Restated at August 31, 2020 in USD General and administrative expense (10,327 ) 2,648 (7,679 ) Other income (expense) (5,895 ) 1,429 (4,466 ) Net loss and comprehensive loss (16,222 ) 4,077 (12,145 ) Earnings per share – basic and diluted (0.10 ) 0.03 (0.07 ) The change in presentation currency resulted in the following impact on the August 31, 2019 consolidated statement of cash flows: Schedule of consolidated statement of cash flows Reported at August 31, 2019 in CAD Presentation currency change Restated at August 31, 2019 in USD Cash used in operating activities (4,818 ) 892 (3,926 ) Cash used in investing activities (3,052 ) 865 (2,187 ) Cash provided by financing activities 10,833 (2,500 ) 8,333 Net increase in cash 2,963 (743 ) 2,220 Cash beginning of year 426 (99 ) 327 Cash end of year 3,389 (842 ) 2,547 The change in presentation currency resulted in the following impact on the August 31, 2020 consolidated statement of cash flows: Reported at August 31, 2020 in CAD Presentation currency change Restated at August 31, 2020 in USD Cash used in operating activities (8,564 ) 1,965 (6,599 ) Cash used in investing activities (9,117 ) 2,394 (6,723 ) Cash provided by financing activities 19,585 (4,757 ) 14,828 Net increase in cash 1,904 (398 ) 1,506 Cash beginning of year 3,389 (842 ) 2,547 Cash end of year 5,293 (1,240 ) 4,053

Mineral Properties and Deferred

Mineral Properties and Deferred Exploration	12 Months Ended
	Aug. 31, 2021
Mineral Properties And Deferred Exploration
Mineral Properties and Deferred Exploration	5. Mineral Properties and Deferred Exploration The Company explores or acquires gold or other precious metal concessions through its own efforts or through the efforts of its subsidiaries. All of the Company’s concessions are located in Tanzania. The continuity of expenditures on mineral properties is as follows: Schedule of continuity of expenditures on mineral properties Buckreef (a) Kigosi (b) Itetemia Luhala Total Balance, August 31, 2018 21,617 9,588 4,553 2,554 38,311 Exploration expenditures: Camp, field supplies and travel 146 - - - 146 License fees and exploration and field overhead 650 8 - 2 660 Geological consulting and field wages 56 - - - 56 Trenching and drilling 1,390 - - - 1,390 2,242 8 - 2 2,252 Write-offs - (9,596 ) (4,553 ) (2,556 ) (16,705 ) Balance, August 31, 2019 $ 23,859 $ - $ - $ - $ 23,859 Exploration expenditures: Camp, field supplies and travel 368 - - - 368 License fees and exploration and field overhead 863 - - - 863 Geological consulting and field wages 729 - - - 729 Trenching and drilling 2,663 - - - 2,663 Mine design 597 - - - 597 Change in estimate of asset retirement obligation 2,048 - - - 2,048 Gold sales (368 ) - - - (368 ) Payments to STAMICO as per Joint Venture agreement 239 - - - 239 Balance, August 31, 2020 $ 30,997 $ - $ - $ - $ 30,997 Exploration expenditures: Camp, field supplies and travel 356 - - - 356 License fees and exploration and field overhead 2,809 - - - 2,809 Geological consulting and field wages 3,150 - - - 3,150 Trenching and drilling 605 - - - 605 Mine design 1,321 - - - 1,321 Mining and processing costs 987 - - - 987 Change in estimate of asset retirement obligation (133 ) - - - (133 ) Gold sales (2,524 ) - - - (2,524 ) Payments to STAMICO as per Joint Venture agreement 1,050 - - - 1,050 Balance, August 31, 2021 $ 38,618 $ - $ - $ - $ 38,618 Buckreef Gold Project: The joint venture agreement contains a penalty clause related to the original commissioning date for the plant. The clause only became effective in the event the plant was not brought into commercial production before a specified future date. During the year ended August 31, 2021, the Company settled the delay penalty of $ 0.75 0.125 Kigosi, Itetemia and Luhala: During 2019 the Company received notices of cancellation and rejection of the mining licenses applications for Kigosi and Itetemia, for failure to have complied with various regulations. 14.1 2.6 During the year ended August 31, 2021, t he Company withdrew its appeals related to the cancellation of the Kigosi and Itetemia Mining Licenses.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Aug. 31, 2021
Property, Plant and Equipment	6. Property, Plant and Equipment Schedule of property, plant and equipment Processing plant and related infrastructure Machinery and equipment Other Total Cost As at September 1, 2019 $ 2,211 $ 1,060 $ 93 $ 3,364 Additions 446 183 68 697 Disposals - (23 ) - (23 ) As at August 31, 2020 $ 2,657 $ 1,220 $ 161 $ 4,038 Additions 622 437 - 1,059 Disposals 1 - (703 ) (79 ) (782 ) As at August 31, 2021 $ 3,279 $ 954 $ 82 $ 4,315 Accumulated depreciation As at September 1, 2019 $ 1,057 $ 957 $ 66 $ 2,080 Depreciation expense 155 58 7 220 As at August 31, 2020 $ 1,212 $ 1,015 $ 73 $ 2,300 Depreciation expense 128 144 14 286 Disposals 1 - (686 ) (67 ) (753 ) As at August 31, 2021 $ 1,340 $ 473 $ 20 $ 1,833 Net book value As at August 31, 2020 $ 1,445 $ 205 $ 88 $ 1,738 As at August 31, 2021 $ 1,939 $ 481 $ 62 $ 2,482 1 During the period the Company retired assets with a net book value of $29 for a loss on disposal of $27.

Capital Stock

Capital Stock	12 Months Ended
	Aug. 31, 2021
Capital Stock	7. Capital Stock Share Capital The Company’s Restated Articles of Incorporation authorize the Company to issue an unlimited number of common shares. Schedule of Share Capital Activity Number of units $ (000 ’s) Balance at September 1, 2019 150,391,558 $ 108,218 Issued for cash, net of share issue costs 6,768,634 3,441 Shares issued for settlement of convertible and gold loans 29,267,417 11,382 Transfer of conversion component on conversion of convertible loans - 4,286 Shares issued for interest on gold and convertible loans 1,463,855 584 Shares issued for services 5,623,000 3,228 Finders fees on convertible and gold bullion loans 1,025,762 477 Warrants exercised 5,434,896 3,484 Balance at August 31, 2020 199,975,122 $ 135,100 Issued for cash, net of share issue costs 38,477,666 23,226 Warrants issued - (8,710 ) Issued for settlement of convertible debentures (Note 25) 12,150,447 7,015 Issued for settlement of debts related to convertible and gold loans (Note 25) 4,266,321 1,497 Options exercised 1,000 - Transfer of reserve on exercise of options - 1 Balance at August 31, 2021 254,870,556 $ 158,129 Activity during the year ended August 31, 2021: On February 11, 2021, the Company completed the sale of 32,923,078 16,461,539 21.4 The common shares and warrants were issued at $0.65 for each common share and a purchase warrant with the right of each whole warrant to purchase one common share at $0.80 for a period of five years from the issue date. The Company also issued 1,152,307 broker warrants with the same terms and incurred commission and other costs of $1.8 million out of which $0.7 million was allocated to the warrants issued in the unit and expensed in the statement of comprehensive loss. On December 23, 2020, the Company completed the sale of 5,554,588 2,777,268 3.0 0.54 1.50 During the year ended August 31, 2021 $ 7.0 12,150,447 7.0 Activity during the year ended August 31, 2020: During the year ended August 31, 2020, the Company issued 6,768,634 0.575 0.5 3.4 During the year ended August 31, 2020, 4,017,857 September 26, 2021 5,434,896 3.5 During the year ended August 31, 2020, 1,463,855 at an average price of $0.41 per share for total issued value of $ 0.6 On April 15, 2020 the Company issued 5,623,000 0.57 3.2 Warrant issuances: Activity during the year ended August 31, 2021: During the year ended August 31, 2021, the Company issued 2,777,268 three-year warrants with an exercise price of $ 1.50 16,461,539 five-year warrants with an exercise price of $ 0.80 The 2,777,268 three-year warrants were ascribed a fair value of $ 0.4 0 0.18 69 36 The 16,461,539 five-year warrants were ascribed a fair value of $ 7.8 0 0.46 62 60 The 1,152,307 0.5 0 0.46 62 60 Activity during the year ended August 31, 2020: During the year ended August 31, 2020, the Company issued three-year warrants with an exercise price of $ 1.2125 Warrants and Compensation Options outstanding: The continuity of outstanding warrants for the years ended August 31, 2021 and 2020 is as follows: Schedule of warrants outstanding Number of stock options Weighted average exercise price per share Balance – August 31, 2019 4,305,758 1.09 Warrants exercised (4,017,857 ) 1.10 Warrants issued 3,002,037 1.21 Balance – August 31, 2020 3,289,938 1.19 Warrants issued 20,391,114 0.89 Balance – August 31, 2021 23,681,052 0.94 At August 31, 2021, the following warrants and compensation warrants were outstanding: Schedule of warrants and compensation warrants Number of Exercise price Expiry date Private placement financing agent warrants - September 1, 2016 73,616 $ 0.8718 September 1, 2021 Private placement financing agent warrants - September 26, 2016 214,285 $ 0.9515 September 26, 2021 Convertible debenture warrants - July 27, 2020 3,002,037 $ 1.2125 July 27, 2023 Private placement financing warrants - December 23, 2020 2,777,268 $ 1.50 December 23, 2023 Private placement financing warrants - February 11, 2021 16,461,539 $ 0.80 February 11, 2026 Private placement financing broker warrants - February 11, 2021 1,152,307 $ 0.80 February 11, 2026 Balance, August 31, 2021 23,681,052 - - The outstanding warrants have a weighted average exercise price of $ 0.94 3.8 Omnibus Equity Incentive Plan Effective June 26, 2019, the Company adopted the Omnibus Equity Incentive Plan dated June 26, 2019 (the “Omnibus Plan”), which Omnibus Plan was approved by the shareholders at a meeting held on August 16, 2019. The purposes of the Omnibus Plan are: (a) to advance the interests of the Company by enhancing the ability of the Company and its subsidiaries to attract, motivate and retain employees, officers, directors, and consultants, which either of directors or officers may be consultants or employees; (b) to reward such persons for their sustained contributions; and (c) to encourage such persons to take into account the long-term corporate performance of the Company. The Omnibus Plan provides for the grant of options, restricted share units, deferred share units and performance share units (collectively, the “Omnibus Plan Awards”), all of which are described in detail in the Form 20-F Annual Report for the year ended August 31, 2021. The Omnibus Plan provides for the grant of other share-based awards to participants (“Other Share-Based Awards”), which awards would include the grant of common shares. All Other Share-Based Awards will be granted by an agreement evidencing the Other Share-Based Awards granted under the Omnibus Plan. Subject to adjustments as provided for under the Omnibus Plan, the maximum number of shares issuable pursuant to Omnibus Plan Awards outstanding at any time under the Omnibus Plan shall not exceed 10% of the aggregate number of common shares outstanding from time to time on a non-diluted basis; provided that the acquisition of common shares by the Company for cancellation shall not constitute non-compliance with the Omnibus Plan for any Omnibus Plan Awards outstanding prior to such purchase of common shares for cancellation. As at August 31, 2021, the Company had 12,513,055 7,022,512 The continuity of outstanding stock options for the years ended August 31, 2021 and 2020 is as follows: Schedule of continuity of outstanding stock options Number of stock options Weighted average exercise price per share Balance – August 31, 2019 and 2020 7,352,000 CAD $ 0.41 Options exercised (1,000 ) CAD $ 0.40 Balance – August 31, 2021 7,351,000 CAD $ 0.41 Options to purchase common shares carry exercise prices and terms to maturity as follows: Schedule of Options to purchase common shares carry exercise prices and terms to maturity Remaining Exercise price (1) Number of options Expiry contractual Outstanding $ Outstanding Exercisable Date life (years) (1) CAD $ 0.40 3,719,000 3,719,000 September 29, 2026 5.1 CAD $ 0.43 3,532,000 3,532,000 October 11, 2026 5.1 CAD $ 0.35 100,000 100,000 January 2, 2028 6.3 CAD $ 0.41 7,351,000 7,351,000 5.1 (1) Total represents weighted average.

Reserve for warrants

Reserve for warrants	12 Months Ended
	Aug. 31, 2021
Reserve For Warrants
Reserve for warrants	8. Reserve for warrants Schedule of Reserve for warrants Year ended August 31, 2021 August 31, 2020 Balance at beginning of year $ 728 $ 728 Warrants issued (Note 7) 878 - Balance at end of year $ 1,606 $ 728

Reserve for share based payment

Reserve for share based payments	12 Months Ended
	Aug. 31, 2021
Reserve for share based payments	9. Reserve for share based payments Schedule of reserve for share based payments Year ended August 31, 2021 August 31, 2020 Balance at beginning of year $ 2,748 $ 6,413 Share based compensation – Stock options - 8 Share based compensation – Common shares (Note 10) 2,933 - Conversion component of convertible loans - 613 Transfer of reserve on exercise of options (1 ) - Transfer of reserve on conversion of convertible loans (Note 7) - (4,286 ) Balance at end of year $ 5,680 $ 2,748

Related party transactions

Related party transactions	12 Months Ended
	Aug. 31, 2021
Related party transactions	10. Related party transactions Related parties include the Board of Directors and officers, extended relatives and enterprises that are controlled by these individuals as well as certain consultants performing similar functions. The Company entered into the following transactions with related parties: Schedule of Related Parties Transactions Year ended August 31, 2021 2020 2019 Consulting 1,2 $ 46 $ 178 $ 153 1. During the year ended August 31, 2021, consulting and website/data back-up services were provided by Giancarlo Volo, the Company’s former Director of Operations – Africa, and companies related to him (2021 - $21, 2020 - $18, 2019 - $23). Effective May 31, 2021, these related party services have been discontinued and a new arm’s length party has been engaged to provide these website and data back-up services prospectively. 2. During the year ended August 31, 2021, consulting services were provided by a company controlled by Ulli Rath, a former Director of the Company (2021 - $25, 2020 - $160, 2019 - $130). Remuneration of Directors and key management personnel of the Company was as follows: Schedule of Related Parties Compensation Year ended August 31, 2021 2020 2019 Salaries and benefits 1 $ 1,695 $ 643 $ 519 Share based payments 2,933 2,503 - Total $ 4,628 $ 3,146 $ 519 (1) Salaries and benefits include sign-on bonuses for certain key management personnel as well as director fees. The board of directors do not have employment or service contracts with the Company. Directors are entitled to director fees and RSU's for their services and officers are entitled to cash remuneration and share based compensation for their services. As of August 31, 2021, included in trade and other payables is $ 0.5 1.1 As at August 31, 2021, the Company has a receivable of $nil 0 0.05 During the year ended August 31, 2021, the Company granted common shares upon hiring key management personnel in the aggregate of: a) 1.56 1.1 b) Common shares on the first, second and third anniversary dates of the greater of up to 2.02 3.55 2.82 1.4 2.5 2.0 The common shares had a value of $ 7.0 2.9 0

Management of Capital

Management of Capital	12 Months Ended
	Aug. 31, 2021
Management of Capital	11. Management of Capital The Company's objective when managing capital is to obtain adequate levels of funding to support its exploration and development activities, to obtain corporate and administrative functions necessary to support organizational functioning, to obtain sufficient funding to further the identification and development of precious metals deposits, and to develop and construct low cost heap leach gold production mines. The Company manages its capital structure and makes adjustments to it, based on the funds available to the Company, in order to support the acquisition, exploration and development of mineral properties. The Board of Directors does not establish quantitative return on capital criteria for management, but rather relies on the expertise of the Company's management to sustain future development of the business. The Company defines capital to include its shareholders’ equity. In order to carry out the planned exploration and pay for administrative costs, the Company will spend its existing working capital and may raise additional amounts as needed. The Company will continue to assess new properties and seek to acquire an interest in additional properties if it feels there is sufficient geologic or economic potential and if it has adequate financial resources to do so. Management reviews its capital management approach on an ongoing basis and believes that this approach, given the relative size of the Company, is reasonable. There were no changes in the Company's approach to capital management during the year ended August 31, 2021. The Company is not subject to externally imposed capital requirements. The Company considers its capital to be shareholders’ equity, which is comprised of share capital, reserves, and deficit, which as at August 31, 2021 totaled $ 47.9 25.1 The Company raises capital, as necessary, to meet its needs and take advantage of perceived opportunities and, therefore, does not have a numeric target for its capital structure. Funds are primarily secured through equity capital raised by way of private placements, however, debt and other financing alternatives may be utilized as well. There can be no assurance that the Company will be able to continue raising equity capital in this manner. The Company invests all capital that is surplus to its immediate operational needs in short term, liquid and highly rated financial instruments, such as cash, and short-term guarantee deposits, all held with major North American financial institutions and North American treasury deposits.

Financial Instruments

Financial Instruments	12 Months Ended
	Aug. 31, 2021
Financial Instruments	12. Financial Instruments Fair Value of Financial Instruments Cash, derivatives in gold bullion loans, convertible debentures, and derivative warrant liabilities are classified as fair value through profit and loss. Trade and other payables are classified as other financial liabilities, which are measured at amortized cost. Trade and Other Receivables are measured at amortized cost. The carrying value of the Company’s cash, other receivables, trade and other payables approximate their fair value due to the relatively short-term nature of these instruments. Fair value estimates are made at a specific point in time, based on relevant market information and information about financial instruments. These estimates are subject to and involve uncertainties and matters of significant judgment, therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. The Company classifies its financial instruments carried at fair value according to a three-level hierarchy that reflects the significance of the inputs used in making the fair value measurements. The three levels of fair value hierarchy are as follows: · Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities; · Level 2 - Inputs other than quoted prices that are observable for assets and liabilities, either directly or indirectly; · Level 3 – Inputs for assets or liabilities that are not based on observable market data. As of August 31, 2021 and August 31, 2020, cash is recorded at fair value under level 1 within the fair value hierarchy, convertible debentures (Note 25) are classified as Level 3 within the fair value hierarchy, and derivative warrant liabilities (Note 26) are classified as level 3. The fair value of the convertible debentures at initial recognition and at period-end and at conversion has been calculated using a binomial lattice methodology. This methodology determined the total fair value of the instruments by maximizing the economic benefits to a market participant by comparing the conversion value and hold value over the term of the instruments. The following table shows the valuation techniques used in measuring Level 3 fair values for derivative warrant liabilities and convertible debentures, as well as the significant unobservable inputs used. Schedule of derivative warrant liabilities and convertible debentures Type Valuation Technique Key Inputs Inter-relationship between significant inputs and fair value measurement Derivative warrant liabilities The fair value of the warrant liabilities at the year-end has been calculated using a Black-Scholes pricing model combined with a discounted cash flow methodology. Key observable inputs · · · Key unobservable inputs · The estimated fair value would increase (decrease) if: · · · · · Convertible debentures The fair value of the convertible debt during the period was calculated using a binomial lattice methodology. Key observable inputs* · · · Key unobservable inputs* · The estimated fair value would increase (decrease) if: · · · · *The range provided for the year ended August 31, 2021 refers to the range used for each assumption for the fair value at the date of the conversions during the period as the balance is $nil at year end. Sensitivity Analysis For the fair values of derivative warrant liabilities, reasonably possible changes to expected volatility, the significant unobservable input, holding other inputs constant would have the following effects: Schedule of significant unobservable input Derivative Warrant Liabilities August 31, 2021 Comprehensive Loss Increase Decrease Expected volatility (20% movement vs. the model input) $ (716 ) $ 720 A summary of the Company's risk exposures as they relate to financial instruments are reflected below: Credit Risk Credit risk is the risk of an unexpected loss if a third party to a financial instrument fails to meet its contractual obligations. The Company is subject to credit risk on the cash balances at the bank and accounts and other receivables and the carrying value of those accounts represent the Company’s maximum exposure to credit risk. The amounts receivable consists primarily of amounts due from government taxation authorities. The Company has not recorded an impairment or allowance for credit risk as at August 31, 2021, or August 31, 2020. Interest Rate Risk Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rate. The Company’s bank accounts earn interest income at variable rates. The Company’s future interest income is exposed to changes in short-term rates. As at August 31, 2021, a 1% increase/decrease in interest rates would decrease/increase net loss for the period by approximately $ 0.1 0.04 Liquidity Risk The Company’s approach to managing liquidity risk is to ensure that it will have sufficient liquidity to meet liabilities when due. As at August 31, 2021, the Company had cash of $ 13.4 4.1 15.4 5.4 7.4 10.6 8.0 5.2 2.1 Foreign Currency Risk The Company is exposed to the financial risk related to the fluctuation of foreign exchange rates. The Company has offices in Canada, USA, and Tanzania, but holds cash mainly in Canadian and United States currencies. A significant change in the currency exchange rates between the Canadian dollar relative to US dollar and Tanzanian shillings could have an effect on the Company’s results of operations, financial position, or cash flows. At August 31, 2021, the Company had no hedging agreements in place with respect to foreign exchange rates. As the majority of the transactions of the Company are denominated in US and Tanzanian Shilling currencies, movements in the foreign exchange rates are not expected to have a material impact on the consolidated statements of comprehensive loss.

Amounts receivable

Amounts receivable	12 Months Ended
	Aug. 31, 2021
Amounts receivable	13. Amounts receivable The Company’s amounts receivable arise from two main sources: receivables due from related parties, harmonized services tax (“HST”) and value added tax (“VAT”) receivable from government taxation authorities. These are broken down as follows: Schedule of Summary of Receivables August 31, 2021 August 31, 2020 September 1, 2019 Receivable from related parties $ - $ 48 $ 59 HST and VAT receivable 432 499 411 Other 28 - - Amounts Receivable $ 460 $ 547 $ 470 Below is an aged analysis of the Company’s amounts receivable: Schedule of Aged analysis of Receivables August 31, 2021 August 31, 2020 September 1, 2019 Less than 1 month $ 23 $ 97 $ 66 1 to 3 months 43 77 83 Over 3 months 394 373 321 Total Amounts Receivable $ 460 $ 547 $ 470 At August 31, 2021, the Company anticipates full recovery of these amounts and therefore no impairment has been recorded against these receivables. The credit risk on the receivables has been further discussed in Note 12. The Company holds no collateral for any receivable amounts outstanding as at August 31, 2021.

Prepaid and other assets

Prepaid and other assets	12 Months Ended
	Aug. 31, 2021
Prepaid and other assets	14. Prepaid and other assets Schedule of Prepaid and Other Assets August 31, 2021 August 31, 2020 September 1, 2019 Insurance $ 54 $ 20 $ 11 Listing fees 32 31 30 Drilling 200 - - Legal retainers and other 46 27 50 Total Prepaid Expenses $ 332 $ 78 $ 91

Trade, other payables and accru

Trade, other payables and accrued liabilities	12 Months Ended
	Aug. 31, 2021
Trade, other payables and accrued liabilities	15. Trade, other payables and accrued liabilities Trade and other payables of the Company are principally comprised of amounts outstanding for trade purchases relating to exploration activities and payroll liabilities. The usual credit period taken for trade purchases is between 30 to 90 days. The following is an aged analysis of the trade, other payables and accrued liabilities: Schedule of Aged analysis of Trade, Other Payables and Accrued Liabilities August 31, 2021 August 31, 2020 September 1, 2019 Less than 1 month $ 2,161 $ 2,353 $ 638 1 to 3 months 119 518 307 Over 3 months 2,983 2,079 3,792 Total Trade, Other Payables and Accrued Liabilities $ 5,263 $ 4,950 $ 4,737

Inventory

Inventory	12 Months Ended
	Aug. 31, 2021
Inventory	16. Inventory Inventory consists of stockpiled ore, work in progress and supplies consumed during the course of exploration development and operations. Cost represents the delivered price of the item. The following is a breakdown of items in inventory: Schedule of Inventory August 31, 2021 August 31, 2020 September 1, 2019 Stockpiled ore $ 712 $ 606 $ 389 Work in progress 350 106 - Supplies 117 14 4 Total Inventory $ 1,179 $ 726 $ 393

Cash

Cash	12 Months Ended
	Aug. 31, 2021
Cash	17. Cash As at August 31, 2021, cash totalled $ 13.4 4.1 2.5

Segmented information

Segmented information	12 Months Ended
	Aug. 31, 2021
Segmented information	18. Segmented information Operating Segments At August 31, 2021 the Company’s operations comprise of a single reporting operating segment engaged in mineral exploration and development in Tanzania. The Company’s corporate division only earns interest revenue that is considered incidental to the activities of the Company and therefore does not meet the definition of an operating segment as defined in IFRS 8 ‘Operating Segments’ An operating segment is defined as a component of the Company: · that engages in business activities from which it may earn revenues and incur expenses; · whose operating results are reviewed regularly by the entity’s chief operating decision maker; and · for which discrete financial information is available. Geographic Segments The Company is in the business of mineral exploration and production in the country of Tanzania. Information concerning the Company’s geographic locations is as follows: Schedule of operating segments As at August 31, 2021 As at August 31, 2020 Identifiable assets Canada $ 12,382 $ 3,986 Tanzania 44,136 34,153 $ 56,518 $ 38,139 Non-current assets Canada $ 28 $ 49 Tanzania 41,072 32,686 $ 41,100 $ 32,735

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Aug. 31, 2021
Commitments and Contingencies	19. Commitments and Contingencies Commitments: In order to maintain existing site mining and exploration licenses, the Company is required to pay annual license fees. As at August 31, 2021 these licenses remained in good standing and the Company is up to date on license payments. Contingencies: The Company is involved in litigation and disputes arising in the normal course of operations. Management is of the opinion that the outcome of any potential litigation will not have a material adverse impact on the Company’s financial position or results of operations. Accordingly, the commitment table does not include any provisions for the settlement of outstanding litigation and potential claims.

Asset Retirement Obligation

Asset Retirement Obligation	12 Months Ended
	Aug. 31, 2021
Asset Retirement Obligation
Asset Retirement Obligation	20. Asset Retirement Obligation The Company's asset retirement obligation relates to the cost of removing and restoring the Buckreef Gold Project in Tanzania. Significant reclamation and closure activities include land rehabilitation, demolition of buildings and mine facilities, ongoing care and maintenance and other costs. This estimate depends on the development of an environmentally acceptable mine closure plan. A reconciliation for asset retirement obligations is as follows: Schedule of Reconciliation for asset retirement obligations August 31, 2021 August 31, 2020 Balance, beginning of year $ 2,680 $ 554 (Decrease) Increase in estimate for asset retirement obligation (133 ) 2,120 Accretion expense 134 6 Balance, end of year $ 2,681 $ 2,680 The mine closure provision liability is based upon the following estimates and assumptions: a) Total undiscounted amount of future retirement costs was estimated to be $ 3.4 b) Risk-free rate at 5 c) Expected timing of cash outflows required to settle the obligation is for the full amount to be paid in 18 years. d) Inflation over the period is estimated to be 3.6

Non-Controlling Interest

Non-Controlling Interest	12 Months Ended
	Aug. 31, 2021
Non-Controlling Interest	21. Non-Controlling Interest The changes to the non-controlling interest for the years ended August 31, 2021 and 2020 are as follows: Schedule of Changes to the non-controlling interest Year ended August 31, 2021 August 31, 2020 Balance at beginning of year $ (254 ) $ 424 Non-controlling interest’s 45% share of Buckreef Gold’s comprehensive loss (1,279 ) (678 ) Balance at end of year $ (1,533 ) $ (254 ) The following is summarized financial information for Buckreef Gold: Schedule of summarized financial information August 31, 2021 August 31, 2020 Current assets $ 2,920 $ 1,038 Long term assets 33,535 23,229 Current liabilities (2,908 ) 4 Asset retirement obligation (2,681 ) (2,680 ) Advances from parent (33,728 ) (23,754 ) Comprehensive loss for the year $ (2,841 ) $ (1,558 )

Gold Bullion Loans

Gold Bullion Loans	12 Months Ended
	Aug. 31, 2021
Gold Bullion Loans
Gold Bullion Loans	22. Gold Bullion Loans Activity during the year ended August 31, 2020: During the year ended August 31, 2020, the Company closed $ 0.2 Under the terms of the loan agreements, the bullion loans are for a period of one year, are subject to renewal, and carry an 8% interest rate payable quarterly. At the sole discretion of the Lender, the bullion loans may be repaid in cash or common shares of the Company or gold in specified form at the option of the lender. The bullion loans may be converted into common shares of the Company at the sole discretion of the lenders at an exercise price of $0.3417 per share. Interest is payable quarterly, either in cash or in shares at the option of the lender at a price of $0.3417 per share. There is no prepayment penalty. The Company recorded the equity portion of the conversion component in equity which amounted to $0.02 million. During the year ended August 31, 2020 the Company settled $ 3.9 14,840,305 Outstanding balance: The balance of the gold bullion loans is as follows: Schedule of gold bullion loans Balance at August 31, 2019 $ 3,757 Loans received 223 Less: repayment of loans converted to shares (3,952 ) Less: conversion component of loans and finder’s fees (24 ) Interest accrued 228 Issuance of shares for interest payment (267 ) Interest accretion 35 Balance at August 31, 2020 and 2021 $ - Interest expense related to the gold bullion loan amounted to $nil 0 0.7 0.3 0 0.03 0.2 Derivatives in the gold bullion loans: If lenders elect repayment in gold, the Company may have to purchase approximately nil (August 31, 2019 - 2,923) ounces of gold in the market in order to repay the loans. At August 31, 2021, the value of nil (August 31, 2020 – nil, August 31, 2019 - 2,923) ounces of gold was approximately $nil (August 31, 2020 - $nil, August 31, 2019 - $5.9 million). The Company estimated the fair value of the derivatives embedded in the gold bullion loans to be $nil as at August 31, 2021 and 2020 (August 31, 2019 - $1.0 million), and recognized a loss of $0.6 million in the statement of loss and comprehensive loss for the year ended August 31, 2020 (2019 - $1.0 million loss).

Finance costs

Finance costs	12 Months Ended
	Aug. 31, 2021
Finance costs	23. Finance costs Finance costs comprises of the following: Schedule of Finance Costs Year ended August 31, 2021 2020 2019 Interest on Gold Bullion Loans $ - $ 693 $ 284 Interest on Convertible Loans - 1,285 173 $ - $ 1,978 $ 457

Convertible loans

Convertible loans	12 Months Ended
	Aug. 31, 2021
Convertible Loans
Convertible loans	24. Convertible loans Activity during the year ended August 31, 2020: During the year ended August 31, 2020, the Company received loans in the amount of $ 5.1 The Company recorded the equity portion of the conversion component in equity which amounted to $0.8 million. In connection with the convertible loans, the Company paid a finder’s fee via the issuance of an aggregate of 1,025,762 common shares with a value of $ 0.5 During the year ended August 31, 2020, the Company settled $5.1 million of principal amount of outstanding loans through the issuance of 14,427,112 shares. The Company also repaid $0.2 million in cash. The balance of the convertible loans is as follows: Schedule of convertible loans Balance at August 31, 2019 $ 1,452 Proceeds from convertible loans 5,164 Conversion of convertible loan to shares (5,863 ) Repayment in cash (200 ) Less: Conversion component of convertible loans (589 ) Less: Finder’s fee (477 ) Interest accrued 296 Issuance of shares for interest payment (296 ) Interest accretion 513 Balance at August 31, 2020 and 2021 $ - Interest accretion expense related to these loans during the year ended August 31, 2021 totaled $nil 0 0.3 0.5

Convertible debentures

Convertible debentures	12 Months Ended
	Aug. 31, 2021
Convertible Debentures
Convertible debentures	25. Convertible debentures During the year ended August 31, 2020, the Company entered into a securities purchase agreement (the “Agreement”) with two institutional accredited investors (the “Debenture Holders”) to issue up to $ 14.0 7.0 7.0 Repayment of the Convertible Debentures was guaranteed by the Company’s subsidiary, Tanzania American International Development Corporation 2000 Limited pursuant to a global guarantee agreement. Tranche A Each of the Tranche A Debentures bears no interest and has a maturity date of eighteen months, provided that in case of an event of default, the Tranche A Debentures may become immediately due and payable. During the year ended August 31, 2020, the Company closed on the first and second issuances under Tranche A for a total of $ 6.0 During the year ended August 31, 2021, the Company closed on the third issuance of convertible debentures under Tranche A for a total of $ 1.0 Implementation fees of 3.95% are to be paid at the closing of each issuance. In connection with the issuance during the year ended August 31, 2021, transactions costs amounting to $ 0.1 Initial recognition of the issuances that have closed up to August 31, 2021 are as follows: Schedule of Initial recognition of the issuances Issued Tranche Principal Maturity Date Interest Rate Fair Value July 27, 2020 Tranche A 4,000 January 27, 2022 0 % $ 3,432 August 20, 2020 Tranche A 2,000 February 20,2022 0 % 1,716 September 1, 2020 Tranche A 1,000 March 1, 2022 0 % 914 Total $ 7,000 $ 6,062 The difference of $0.9 million between the principal and the fair value of the first two issuances is attributable to the fair value of the Warrant Shares that were issued as part of the overall arrangement (Note 26). The day one gain of $0.1 million under the third issuance has been recognized in the consolidated statement of loss. During the year ended August 31, 2021 $7.0 million of Tranche A Convertible Debentures, representing the entire outstanding balance, were converted and retired resulting in the issuance of 12,150,447 The balance of the convertible debentures (level 3) is as follows: Schedule of balance of the convertible debentures August 31, 2021 Balance at August 31, 2020 $ 5,089 Fair value of third issuance 914 111 Change in fair value 901 Converted during the year (7,015 ) Balance at August 31, 2021 $ - There was no change in fair value due to changes in own credit risk during the period. Significant assumptions used in determining the fair value of the convertible debentures are as follows: Schedule of Significant assumptions used in determining the fair value August 31, 2021* August 31, 2020 Share price $ 0.62 to 0.83 $ 0.84 Risk-free interest rate 0.10 - 0.15 0.13 - 0.14 Discount for lack of marketability 6 - 15 21 Remaining term (in years) 0.81 - 1.37 1.41 - 1.97 * The range provided for the year ended August 31, 2021 refers to the range used for each assumption for the fair value at the date of the conversions during the year as the balance is $nil at year end. The fair value is a level 3 fair value estimate given the discount for lack of marketability assumption is not an observable input.

Derivative warrant liabilities

Derivative warrant liabilities	12 Months Ended
	Aug. 31, 2021
Derivative Warrant Liabilities
Derivative warrant liabilities	26. Derivative warrant liabilities Private Placement Warrants: During the year ended August 31, 2021, the Company issued warrants for the Company’s common shares pursuant to a financing in December 2020 and February 2021 (Note 7). No warrants were exercised during the period. The balance of the derivative warrant liabilities (level 3) is as follows: Schedule of derivative warrant liabilities August 31, 2021 Balance at August 31, 2020 $ 551 Warrants issued February 11, 2021 (Note 7) 7,830 Fair value adjustment (6,232 ) Balance at August 31, 2021 $ 2,149 Derivative warrant liabilities of $ 2.1 Significant assumptions used in determining the fair value of the derivative warrant liabilities are as follows: Schedule of assumptions fair value of derivative warrant liabilities August 31, 2021 August 31, 2020 Share price $ 0.41 $ 0.84 Risk-free interest rate 0.19 - 0.67 0.15 % Dividend yield 0 0 % Expected volatility 60 - 70 51 % Remaining term (in years) 1.9 – 4.4 2.90 The fair value is classified as level 3 as expected volatility is determined using historical volatility and is therefore not an observable input.

General and Administrative expe

General and Administrative expense	12 Months Ended
	Aug. 31, 2021
General and Administrative expense	27. General and Administrative expense Schedule of General and Administrative expense Year ended August 31, 2021 2020 2019 Depreciation (Note 6) $ 286 $ 220 $ 266 Consulting 614 564 422 Directors’ fees 225 181 84 Office and general 394 200 140 Shareholder information 545 511 286 Professional fees 1,089 1,297 1,258 Salaries and benefits 1,308 939 559 Management remuneration 1,470 466 435 Share based payments 2,933 3,228 178 Travel and accommodation 163 73 32 Total General and Administrative $ 9,027 $ 7,679 $ 3,660

Financial Instrument Related Co

Financial Instrument Related Costs and Other	12 Months Ended
	Aug. 31, 2021
Financial Instrument Related Costs And Other
Financial Instrument Related Costs and Other	28. Financial Instrument Related Costs and Other Schedule of Financial Instrument Related Costs and Other Year ended August 31, 2021 2020 2019 Loss on derivative in gold bullion loans $ - $ (595 ) $ (977 ) Gain on derivative warrant liabilities (Note 26) 6,232 291 - Change in fair v alue of convertible debentures (Note 25) (901 ) 50 - Accretion on asset retirement obligation (Note 20) (134 ) (6 ) (8 ) Finance costs (Note 23) - (1,978 ) (457 ) Transaction costs on convertible debenture (Note 25) (31 ) (855 ) - Loss on disposal of assets (27 ) - - Settlement of lawsuit - - (116 ) Transaction costs on derivative warrant liabilities (Note 7) (665 ) - - Interest accretion - (584 ) (746 ) (Interest) forgiveness of interest on leases 35 (7 ) (8 ) Withholding tax costs (11 ) 3 (37 ) Total Financial Instrument Related Costs and Other $ 4,498 $ (3,681 ) $ (2,349 )

Non-cash items

Non-cash items	12 Months Ended
	Aug. 31, 2021
Non-cash Items
Non-cash items	29. Non-cash items Schedule of Non-cash items Year ended August 31, 2021 2020 2019 Depreciation $ 286 $ 220 $ 266 Write-off of mineral properties and deferred exploration costs - - 16,705 Loss on derivative in gold bullion loans - 595 823 Gain on derivative warrant liabilities (6,232 ) (291 ) - Change in fair value of convertible debentures 901 (50 ) - Share based payments 2,933 3,228 178 Accretion on asset retirement obligation 134 6 9 Interest accretion - 584 746 Foreign exchange 50 (180 ) 11 Forgiveness of interest (35 ) - - Shares issued for interest on loans - 584 499 Total Non-cash items $ (1,963 ) $ 4,696 $ 19,237

Taxes

Taxes	12 Months Ended
	Aug. 31, 2021
Taxes	30. Taxes The Company’s provision for income taxes differs from the amount computed by applying the combined federal and provincial income tax rates to income (loss) before income taxes as a result of the following: Schedule of Income Tax Provision 2021 2020 2019 Combined basic Canadian federal and provincial statutory income tax rates including surtaxes 26.50 % 26.50 % 26.50 % Statutory income tax rates applied to accounting income $ (1,400 ) $ (3,218 ) $ (6,114 ) Increase (decrease) in provision for income taxes: Foreign tax rates different from statutory rate - (60 ) (619 ) Permanent differences and other items (762 ) 541 (817 ) Benefit of tax losses not recognized 2,162 2,737 7,550 Provision for income taxes $ - $ - $ - The enacted tax rates in Canada of 26.50 26.50 26.50 30 30 30 The following table reflects the Company’s deferred income tax assets (liabilities): The tax effects of significant temporary differences which would comprise deferred income tax assets and liabilities at August 31, 2021 and 2020 are as follows: Schedule of Deferred Tax Assets and Liabilities Deferred Income Tax Liabilities Mineral properties Debt issuance cost Total At August 31, 2019 $ (8,014 ) $ (217 ) $ (8,231 ) Charged to the consolidated statement of comprehensive loss (1,935 ) (133 ) (2,068 ) At August 31, 2020 $ (9,949 ) $ (350 ) $ (10,299 ) Charged to the consolidated statement of comprehensive loss (2,474 ) 350 (2,124 ) At August 31, 2021 $ (12,423 ) $ - $ (12,423 ) Deferred Income Tax Assets Non-capital losses Non-capital losses Total At August 31, 2019 $ 8,014 $ 217 $ 8,231 Charged to the consolidated statement of comprehensive loss 1,935 133 2,068 At August 31, 2020 $ 9,949 $ 350 $ 10,299 Charged to the consolidated statement of comprehensive loss 2,474 (350 ) 2,124 At August 31, 2021 $ 12,423 $ - $ 12,423 Net deferred tax assets (liabilities) $ - $ - $ - The following temporary differences have not been recognized in the Company’s consolidated financial statements: Schedule of temporary difference, unused tax losses and unused tax credits August 31, 2021 August 31, 2020 Non-capital losses $ 87,242 $ 70,583 Property, plant and equipment 110 184 Capital losses 1 1 Financing costs 2,217 - $ 89,570 $ 70,768 At August 31, 2021, the Company has Tanzanian non-capital losses of $ 56,146 44,797 At August 31, 2021, the Company has non-capital losses of $ 31,096 30,368 Schedule of Net Operation Losses 2026 $ 1,356 2027 1,100 2028 1,198 2029 1,559 2030 1,131 2031 1,885 2032 1,978 2033 1,864 2034 1,740 2035 1,572 2036 1,625 2037 2,272 2038 2,960 2039 2,309 2040 5,819 2041 728 Non Capital Losses $ 31,096 At August 31, 2021, $nil 0 0

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Aug. 31, 2021
Basis of consolidation	3.1 Basis of consolidation The consolidated financial statements include the financial statements of the Company and its controlled subsidiaries: Tanzania American International Development Corporation 2000 Limited (“Tanzam”), Tancan Mining Co. Limited (“Tancan”), and Buckreef Gold Company Ltd. (“Buckreef Gold”). Control is achieved when the Company has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities. Subsidiaries are consolidated from the date of acquisition, being the date on which the Company obtains control, and continue to be consolidated until the date when such control ceases. The financial statements of the subsidiaries are prepared for the same reporting period as the parent company, using consistent accounting policies. The consolidated financial statements of the Company set out the assets, liabilities, expenses, and cash flows of the Company and its subsidiaries, namely: Schedule of Consolidated Financial Statement Ownership interest as at August 31, Country of 2021 2020 Tanzam Tanzania 100 % 100 % Tancan Tanzania 100 % 100 % Buckreef Gold Tanzania 55 % 55 % All inter - Non -
Mineral properties and deferred exploration	3.2 Mineral properties and deferred exploration All direct costs related to the acquisition and exploration and development of specific properties are capitalized as incurred. Any cost incurred prior to obtaining the legal right to explore a mineral property are expensed as incurred. Field overhead costs directly related to exploration are capitalized and allocated to mineral properties explored. All other overhead and administration costs are expensed as incurred. If a property is abandoned, sold or impaired, an appropriate charge will be made to the statement of comprehensive loss at the date of such impairment. Discretionary option payments arising on the acquisition of mining properties are only recognized when paid. Amounts received from other parties to earn an interest in the Company's mining properties are applied as a reduction of the mining property and deferred exploration and development costs until all capitalized costs are recovered at which time additional reimbursements are recorded in the consolidated statement of comprehensive loss, except for administrative reimbursements which are credited to operations. As the Company is in the exploration stage, it has no significant ongoing sources of revenue. Incidental revenue is generated from the sale of gold bars. In accordance with IFRS 15, the Company recognizes revenue when the gold is shipped to the customer. Delivery of the gold is considered to be the only performance obligation and revenue is measured based on the consideration specified in the contract with the customer. Gold sales generated from bulk sampling activities are treated as a cost recovery against exploration expenses. The Company reviews the carrying value of a mineral property when events or changes in circumstances indicate that the carrying value may not be recoverable. Examples of such events or changes in circumstances are as follows: · the period for which the Company has the right to explore in the specific area has expired during the period or will expire in the near future, and is not expected to be renewed; · substantive expenditure on further exploration for and evaluation of mineral resources in the specific area is neither budgeted nor planned; · exploration for and evaluation of mineral resources in the specific area have not led to the discovery of commercially viable quantities of mineral resources and the entity has decided to discontinue such activities in the specific area; and · sufficient data exist to indicate that, although a development in the specific area is likely to proceed, the carrying amount of the exploration and evaluation asset is unlikely to be recovered in full from successful development or by sale. If the carrying value exceeds the fair value, the property will be written down to fair value with a provision charged against operations in the year of impairment. An impairment is also recorded when management determines that it will discontinue exploration or development on a mineral property or when exploration rights or permits expire. Ownership in mineral properties involves certain risks due to the difficulties in determining the validity of certain claims as well as the potential for problems arising from the frequently ambiguous conveyance history characteristic of many mineral interests. Once an economically viable reserve has been determined for a property and a decision has been made to proceed with development has been approved, acquisition, exploration and development costs previously capitalized to the mineral property are first tested for impairment and then classified as property, plant and equipment under construction. These costs will be amortized against the income generated from the mineral property.
Property, plant and equipment	3.3 Property, plant and equipment Property, plant and equipment (“PPE”) are stated at cost less accumulated depreciation and accumulated impairment losses. The cost of an item of PPE consists of the purchase price, any costs directly attributable to bringing the asset to the location and condition necessary for its intended use and an initial estimate of the costs of dismantling and removing the item and restoring the site on which it is located. Depreciation is provided at the following rates calculated to write off the cost of PPE, less their estimated residual value, using the straight-line methods over its estimated remaining useful life, or the remaining life of the mine if shorter: Schedule of Depreciation Rate for Property, Plant and Equipment Straight-line (years to depreciate) Machinery and equipment 5 to 8 Automotive 5 Computer equipment 3 Leasehold improvements 5 Processing plant 8 An item of PPE is derecognized upon disposal, when held for sale or when no future economic benefits are expected to arise from the continued use of the asset. Any gain or loss arising on disposal of the asset, determined as the difference between the net disposal proceeds and the carrying amount of the asset, is recognized in the consolidated statement of comprehensive loss. Assets under construction are capitalized as construction-in-progress. The cost of construction-in-progress comprises of its purchase price and any costs directly attributable to bringing it into working condition for its intended use. Such cost includes the cost of replacing part of the plant and equipment and borrowing costs for long-term construction projects if the recognition criteria are met. Construction-in-progress assets are not depreciated until it is completed and available for use. The Company conducts an annual assessment of the residual balances, useful lives and depreciation methods being used for PPE and any changes arising from the assessment are applied by the Company prospectively. Where an item of plant and equipment comprises major components with different useful lives, the components are accounted for as separate items of plant and equipment. Expenditures incurred to replace a component of an item of property, plant and equipment that is accounted for separately, the major inspection and overhaul expenditures of replacement of such a component are capitalized.
Decommissioning, restoration and similar liabilities (“Asset retirement obligation” or “ARO”)	3.4 Decommissioning, restoration and similar liabilities (“Asset retirement obligation” or “ARO”) The Company recognizes liabilities for statutory, contractual, constructive or legal obligations, including those associated with the reclamation of mineral properties and PPE, when those obligations result from the acquisition, construction, development or normal operation of the Company’s assets. Initially, a liability for an asset retirement obligation is recognized at its fair value in the period in which it is incurred. Upon initial recognition of the liability, the corresponding asset retirement obligation is added to the carrying amount of the related asset and the cost is amortized as an expense over the economic life of the asset using the declining balance method. Following the initial recognition of the asset retirement obligation, the carrying amount of the liability is increased for the passage of time and adjusted for changes to the current market -
Share based payments	3.5 Share based payments Share based payment transactions Employees (including directors and senior executives) of the Company receive a portion of their remuneration in the form of share-based payment transactions, whereby employees render services as consideration for equity instruments (“equity - In situations where equity instruments are issued and some or all of the goods or services received by the entity as consideration cannot be specifically identified, they are measured at fair value of the share - Equity settled transactions The costs of equity settled transactions with employees are measured by reference to the fair value at the date on which they are granted. The costs of equity - - No expense is recognized for awards that do not ultimately vest, except for awards where vesting is conditional upon a market condition, which are treated as vesting irrespective of whether or not the market condition is satisfied provided that all other performance and/or service conditions are satisfied. Where the terms of an equity - - The effect of outstanding options is considered in the computation of earnings per share, if dilutive.
Taxation	3.6 Taxation Income tax expense represents the sum of current tax and deferred tax. Current income tax Current income tax assets and liabilities for the current and prior periods are measured at the amount expected to be recovered from or paid to the taxation authorities. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted by the date of the statement of financial position. Deferred income tax Deferred income tax is provided using the liability method on temporary differences at the date of the statement of financial position between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes. Deferred income tax liabilities are recognized for all taxable temporary differences, except: · where the deferred income tax liability arises from the initial recognition of goodwill or of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither the accounting profit nor taxable profit or loss; and · in respect of taxable temporary differences associated with investments in subsidiaries, associates and interests in joint ventures, where the timing of the reversal of the temporary differences can be controlled and it is probable that the temporary differences will not reverse in the foreseeable future. Deferred income tax assets are recognized for all deductible temporary differences, carry forward of unused tax credits and unused tax losses, to the extent that it is probable that taxable profit will be available against which the deductible temporary differences and the carry forward of unused tax credits and unused tax losses can be utilized except: · where the deferred income tax asset relating to the deductible temporary difference arises from the initial recognition of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither the accounting profit nor taxable profit or loss; and · in respect of deductible temporary differences associated with investments in subsidiaries, associates and interests in joint ventures, deferred income tax assets are recognized only to the extent that it is probable that the temporary differences will reverse in the foreseeable future and taxable profit will be available against which the temporary differences can be utilized. The carrying amount of deferred income tax assets is reviewed at the date of the statement of financial position and reduced to the extent that it is no longer probable that sufficient taxable profit will be available to allow all or part of the deferred income tax asset to be utilized. Unrecognized deferred income tax assets are reassessed at the date of the statement of financial position and are recognized to the extent that it has become probable that future taxable profit will allow the deferred tax asset to be recovered. Deferred income tax assets and liabilities are measured at the tax rates that are expected to apply to the year when the asset is realized or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted at the date of the statement of financial position. Deferred income tax relating to items recognized directly in equity is recognized in equity. Deferred income tax assets and liabilities are offset if, and only if, a legally enforceable right exists to set off current tax assets against current tax liabilities and the deferred tax assets and liabilities relate to income taxes levied by the same taxation authority on either the same taxable entity or different taxable entities which intend to either settle current tax liabilities and assets on a net basis, or to realize the assets and settle the liabilities simultaneously, in each future period in which significant amounts of deferred tax assets or liabilities are expected to be settled or recovered. Sales tax Expenses and assets are recognized net of the amount of sales tax, except: · when the sales tax incurred on a purchase of assets or services is not recoverable from the taxation authority, in which case the sales tax is recognized as part of the cost of acquisition of the asset or as part of the expense item, as applicable; or · when receivables and payables are stated with the amount of sales tax included. The net amount of sales tax recoverable from, or payable to, the taxation authority is included as part of receivables or payables in the consolidated statement of financial position.
Loss per share	3.7 Loss per share The basic loss per share is computed by dividing the net loss by the weighted average number of common shares outstanding during the year. The diluted loss per share reflects the potential dilution of common share equivalents, such as outstanding restricted stock units, share purchase warrants, convertible debt, and stock options, in the weighted average number of common shares outstanding during the year, if dilutive. Because the Company incurred net losses, the effect of the dilutive instruments would be anti-dilutive and therefore diluted loss per share equals basic loss per share.
Financial instruments	3.8 Financial instruments Financial assets Financial assets are classified as either financial assets at fair value through profit or loss (“FVTPL”), amortized cost, or fair value through other comprehensive income (“FVOCI”). The Company determines the classification of its financial assets at initial recognition. · FVTPL Financial assets are classified at FVTPL if they do not meet the criteria to be classified at amortized cost or fair value through OCI. Gains or losses on these items are recognized in net earnings or loss. · Amortized cost Financial assets are classified at amortized cost if both of the following criteria are met and the financial assets are not designated as at FVTPL: 1) the object of the Company’s business model for these financial assets is to collect their contractual cash flows and 2) the asset’s contractual cash flows represent “solely payments of principal and interest”. The Company’s other receivables are recorded at amortized cost as they meet the required criteria. A provision is recorded when the estimated recoverable amount of the financial asset is lower than the carrying amount. At each statement of financial position date, the Company assesses on a forward - · FVOCI For equity securities that are not held for trading, the Company can make an irrevocable election at initial recognition to classify the instruments at FVOCI, with all subsequent changes in fair value being recognized in other comprehensive income (“OCI”). This election is available for each separate investment. Under this new FVOCI category, fair value changes are recognized in OCI while dividends are recognized in profit or loss. On disposal of the investment, the cumulative fair value change remains in OCI and is not recycled to net earnings or loss. · Reclassifications Financial assets are not reclassified subsequent to their initial recognition, except in the period after the Company changes its business model for managing financial assets. Derivative warrant liabilities Foreign currency denominated warrants (not including compensation warrants), are considered a derivative as they are not indexed solely to the entity’s own stock. During the year ended August 31, 2020, the foreign currency denominated warrants were exercised in full. During the year ended August 31, 2021 the Company issued convertible debentures with detachable warrants for the Company’s common shares. The warrants are classified as a derivative financial liability as they are potentially exercisable in cash or on a cashless basis resulting in a variable number of shares being issued. The warrants are initially recognized at fair value and subsequently measured at fair value with changes recognized through profit or loss. The Company uses the Black-Scholes pricing model to estimate fair value at each exercise and period end date. Agent warrants and warrants Warrants issued to agents in connection with an equity financing are recorded at fair value and charged to share issue costs associated with the offering with an offsetting credit to warrants reserve in shareholders’ equity. Warrants included in units offered to subscribers in connection with financings are valued using the residual value method whereby proceeds are first allocated to the fair value of the shares and the excess if any, allocated to the warrants. Financial liabilities Trade, other payables and accrued liabilities, gold and convertible loans payable, and lease payable are accounted for at amortized cost. During the year ended August 31, 2021, the Company issued convertible debentures containing embedded derivatives that are not closely related to the host. The Company elected to measure the convertible debentures at FVTPL. For financial liabilities designated at FVTPL, any impact on fair value due to changes in credit risk are presented in OCI. During the year, there was no impact on fair value due to changes in credit risk. Transaction costs associated with financial instruments, carried at FVTPL, are expensed as incurred, while transaction costs associated with all other financial instruments are included in the initial carrying amount of the asset or the liability.
Impairment of non-financial assets	Impairment of non-financial assets At the date of the statement of financial position, the Company reviews the carrying amounts of its property, plant and equipment to determine whether there is an indication that those assets may be impaired. If any, the recoverable amount of the asset is estimated in order to determine the extent of the impairment. Where it is not possible to estimate the recoverable amount of an individual asset, the Company estimates the recoverable amount of the cash - The recoverable amount is the higher of fair value less costs of disposal and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre - If the recoverable amount of the asset (or cash - Where an impairment loss subsequently reverses, the carrying amount of the asset (cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognized for the asset (or cash -
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents in the statement of financial position comprise cash at banks and on hand, and short-term deposits with an original maturity of three months or less, which are readily convertible into a known amount of cash.
Related party transactions	Related party transactions Parties are considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Parties are considered to be related if they are subject to common control or are controlled by parties that have significant influence over the entity. Related parties may be individuals or corporate entities. A transaction is considered to be a related party transaction when there is a transfer of resources or obligations between related parties. Related party transactions that are in the normal course of business and have commercial substance are measured at the exchange amount, being the amount agreed by the parties to the transaction.
Foreign currency transactions	Foreign currency transactions Functional and presentation currency Items included in the financial statements of each of the Company’s subsidiaries are measured using the currency of the primary economic environment in which the entity operates (“the functional currency”). The functional currency of the Company and each of its subsidiaries is the US dollar. The presentation currency of the Company is the US dollar. Transactions and balances Foreign currency transactions are recorded at the rate of exchange existing on the transaction date. Foreign currency monetary assets and liabilities are translated at the rate of exchange at the reporting date. Differences arising on settlement or translation of monetary items are recognised in profit or loss. Non-monetary items measured at historical cost continued to be carried at the exchange rates at the dates of the transactions. Non-monetary items measured at fair value are translated using the exchange rates at the date when the fair value is determined. The gain or loss arising on translation of is treated in line with the recognition of the gain or loss on the change in fair value of such an item. Group companies The results and financial position of all the consolidated entities are translated in to the presentation currency as follows: · assets and liabilities for each statement of financial position presented are translated at the exchange rate on the date of the statement of financial position , · income and expenses for each statement of comprehensive loss are translated at the average exchange rate in effect during the reporting period; and · all resulting exchange differences are recognized in accumulated other comprehensive income .
Significant accounting judgments and estimates	Significant accounting judgments and estimates The preparation of these consolidated financial statements requires management to make judgements and estimates and form assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. On an ongoing basis, management evaluates its judgements and estimates in relation to assets, liabilities, revenue and expenses. Management uses historical experience and various other factors it believes to be reasonable under the given circumstances as the basis for its judgements and estimates. Actual outcomes may differ from these estimates under different assumptions and conditions. The most significant estimates relate to the appropriate depreciation rate for property, plant and equipment, the valuation of warrant liability, the recoverability of other receivables, the valuation of deferred income tax amounts, the impairment on mineral properties and deferred exploration and property, plant and equipment and the calculation of share -
Inventory	Inventory Stockpiled ore and consumables are measured at the lower of cost or net realizable value. Net realizable value is the estimated future sales price of a product the Company expects to realize when the product is processed and sold, less estimated costs to complete production and bring the product to sale. Where the time value of money is material, these future prices and costs to complete are discounted. Any provision for obsolescence is determined by reference to specific products. A regular review is undertaken to determine the extent of any provision for obsolescence.
Borrowing costs	Borrowing costs Borrowing costs directly attributable to the acquisition, construction or production of an asset that necessarily takes a substantial period of time to get ready for its intended use or sale are capitalized as part of the cost of the asset. All other borrowing costs are expensed in the period in which they occur. Borrowing costs consist of interest and other costs that an entity incurs in connection with the borrowing of funds.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of Consolidated Financial Statement	Schedule of Consolidated Financial Statement Ownership interest as at August 31, Country of 2021 2020 Tanzam Tanzania 100 % 100 % Tancan Tanzania 100 % 100 % Buckreef Gold Tanzania 55 % 55 %
Schedule of Depreciation Rate for Property, Plant and Equipment	Schedule of Depreciation Rate for Property, Plant and Equipment Straight-line (years to depreciate) Machinery and equipment 5 to 8 Automotive 5 Computer equipment 3 Leasehold improvements 5 Processing plant 8

Change in Presentation Curren_2

Change in Presentation Currency (Tables)	12 Months Ended
	Aug. 31, 2021
Change In Presentation Currency
Schedule of change in presentation currency	Schedule of change in presentation currency As at September 1, 2019 Reported at September 1, 2019 in CAD Presentation currency change Restated at September 1, 2019 in USD Consolidated statement of financial position Cash 3,389 (842 ) 2,547 Other current assets 1,269 (315 ) 954 Non-current assets 33,461 (8,317 ) 25,144 Total assets 38,119 (9,474 ) 28,645 Current liabilities (14,531 ) 3,608 (10,923 ) Long term debt (5,224 ) 1,299 (3,925 ) Total liabilities (19,755 ) 4,907 (14,848 ) Share capital 142,252 (34,034 ) 108,218 Reserves 9,407 (2,266 ) 7,141 Accumulated deficit and other comprehensive income (133,877 ) 31,891 (101,986 ) Non-controlling interests 582 (158 ) 424 Total shareholders’ equity 18,364 (4,567 ) 13,797 The change in presentation currency resulted in the following impact on the August 31, 2020 consolidated statement of financial position: As at August 31, 2020 Reported at August 31, 2020 in CAD Presentation currency change Restated at August 31, 2020 in USD Consolidated statement of financial position Cash 5,294 (1,241 ) 4,053 Other current assets 1,764 (413 ) 1,351 Non-current assets 42,753 (10,018 ) 32,735 Total assets 49,811 (11,672 ) 38,139 Current liabilities (13,831 ) 3,241 (10,590 ) Long term debt (3,500 ) 820 (2,680 ) Total liabilities (17,331 ) 4,061 (13,270 ) Share capital 178,397 (43,297 ) 135,100 Reserves 4,482 (1,006 ) 3,476 Accumulated deficit and other comprehensive income (150,037 ) 36,584 (113,453 ) Non-controlling interests (362 ) 108 (254 ) Total shareholders’ equity 32,480 (7,611 ) 24,869
Schedule of consolidated statement of comprehensive loss	Schedule of consolidated statement of comprehensive loss Reported at August 31, 2019 in CAD Presentation currency change Restated at August 31, 2019 in USD General and administrative expense (4,853 ) 1,193 (3,660 ) Other income (expense) (25,565 ) 6,154 (19,411 ) Net loss and comprehensive loss (30,418 ) 7,347 (23,071 ) Earnings per share – basic and diluted (0.22 ) 0.05 (0.17 ) The change in presentation currency resulted in the following impact on the August 31, 2020 consolidated statement of comprehensive loss: Reported at August 31, 2020 in CAD Presentation currency change Restated at August 31, 2020 in USD General and administrative expense (10,327 ) 2,648 (7,679 ) Other income (expense) (5,895 ) 1,429 (4,466 ) Net loss and comprehensive loss (16,222 ) 4,077 (12,145 ) Earnings per share – basic and diluted (0.10 ) 0.03 (0.07 )
Schedule of consolidated statement of cash flows	Schedule of consolidated statement of cash flows Reported at August 31, 2019 in CAD Presentation currency change Restated at August 31, 2019 in USD Cash used in operating activities (4,818 ) 892 (3,926 ) Cash used in investing activities (3,052 ) 865 (2,187 ) Cash provided by financing activities 10,833 (2,500 ) 8,333 Net increase in cash 2,963 (743 ) 2,220 Cash beginning of year 426 (99 ) 327 Cash end of year 3,389 (842 ) 2,547 The change in presentation currency resulted in the following impact on the August 31, 2020 consolidated statement of cash flows: Reported at August 31, 2020 in CAD Presentation currency change Restated at August 31, 2020 in USD Cash used in operating activities (8,564 ) 1,965 (6,599 ) Cash used in investing activities (9,117 ) 2,394 (6,723 ) Cash provided by financing activities 19,585 (4,757 ) 14,828 Net increase in cash 1,904 (398 ) 1,506 Cash beginning of year 3,389 (842 ) 2,547 Cash end of year 5,293 (1,240 ) 4,053

Mineral Properties and Deferr_2

Mineral Properties and Deferred Exploration (Tables)	12 Months Ended
	Aug. 31, 2021
Mineral Properties And Deferred Exploration
Schedule of continuity of expenditures on mineral properties	Schedule of continuity of expenditures on mineral properties Buckreef (a) Kigosi (b) Itetemia Luhala Total Balance, August 31, 2018 21,617 9,588 4,553 2,554 38,311 Exploration expenditures: Camp, field supplies and travel 146 - - - 146 License fees and exploration and field overhead 650 8 - 2 660 Geological consulting and field wages 56 - - - 56 Trenching and drilling 1,390 - - - 1,390 2,242 8 - 2 2,252 Write-offs - (9,596 ) (4,553 ) (2,556 ) (16,705 ) Balance, August 31, 2019 $ 23,859 $ - $ - $ - $ 23,859 Exploration expenditures: Camp, field supplies and travel 368 - - - 368 License fees and exploration and field overhead 863 - - - 863 Geological consulting and field wages 729 - - - 729 Trenching and drilling 2,663 - - - 2,663 Mine design 597 - - - 597 Change in estimate of asset retirement obligation 2,048 - - - 2,048 Gold sales (368 ) - - - (368 ) Payments to STAMICO as per Joint Venture agreement 239 - - - 239 Balance, August 31, 2020 $ 30,997 $ - $ - $ - $ 30,997 Exploration expenditures: Camp, field supplies and travel 356 - - - 356 License fees and exploration and field overhead 2,809 - - - 2,809 Geological consulting and field wages 3,150 - - - 3,150 Trenching and drilling 605 - - - 605 Mine design 1,321 - - - 1,321 Mining and processing costs 987 - - - 987 Change in estimate of asset retirement obligation (133 ) - - - (133 ) Gold sales (2,524 ) - - - (2,524 ) Payments to STAMICO as per Joint Venture agreement 1,050 - - - 1,050 Balance, August 31, 2021 $ 38,618 $ - $ - $ - $ 38,618

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of property, plant and equipment	Schedule of property, plant and equipment Processing plant and related infrastructure Machinery and equipment Other Total Cost As at September 1, 2019 $ 2,211 $ 1,060 $ 93 $ 3,364 Additions 446 183 68 697 Disposals - (23 ) - (23 ) As at August 31, 2020 $ 2,657 $ 1,220 $ 161 $ 4,038 Additions 622 437 - 1,059 Disposals 1 - (703 ) (79 ) (782 ) As at August 31, 2021 $ 3,279 $ 954 $ 82 $ 4,315 Accumulated depreciation As at September 1, 2019 $ 1,057 $ 957 $ 66 $ 2,080 Depreciation expense 155 58 7 220 As at August 31, 2020 $ 1,212 $ 1,015 $ 73 $ 2,300 Depreciation expense 128 144 14 286 Disposals 1 - (686 ) (67 ) (753 ) As at August 31, 2021 $ 1,340 $ 473 $ 20 $ 1,833 Net book value As at August 31, 2020 $ 1,445 $ 205 $ 88 $ 1,738 As at August 31, 2021 $ 1,939 $ 481 $ 62 $ 2,482 1 During the period the Company retired assets with a net book value of $29 for a loss on disposal of $27.

Capital Stock (Tables)

Capital Stock (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of Share Capital Activity	Schedule of Share Capital Activity Number of units $ (000 ’s) Balance at September 1, 2019 150,391,558 $ 108,218 Issued for cash, net of share issue costs 6,768,634 3,441 Shares issued for settlement of convertible and gold loans 29,267,417 11,382 Transfer of conversion component on conversion of convertible loans - 4,286 Shares issued for interest on gold and convertible loans 1,463,855 584 Shares issued for services 5,623,000 3,228 Finders fees on convertible and gold bullion loans 1,025,762 477 Warrants exercised 5,434,896 3,484 Balance at August 31, 2020 199,975,122 $ 135,100 Issued for cash, net of share issue costs 38,477,666 23,226 Warrants issued - (8,710 ) Issued for settlement of convertible debentures (Note 25) 12,150,447 7,015 Issued for settlement of debts related to convertible and gold loans (Note 25) 4,266,321 1,497 Options exercised 1,000 - Transfer of reserve on exercise of options - 1 Balance at August 31, 2021 254,870,556 $ 158,129
Schedule of warrants outstanding	Schedule of warrants outstanding Number of stock options Weighted average exercise price per share Balance – August 31, 2019 4,305,758 1.09 Warrants exercised (4,017,857 ) 1.10 Warrants issued 3,002,037 1.21 Balance – August 31, 2020 3,289,938 1.19 Warrants issued 20,391,114 0.89 Balance – August 31, 2021 23,681,052 0.94
Schedule of warrants and compensation warrants	Schedule of warrants and compensation warrants Number of Exercise price Expiry date Private placement financing agent warrants - September 1, 2016 73,616 $ 0.8718 September 1, 2021 Private placement financing agent warrants - September 26, 2016 214,285 $ 0.9515 September 26, 2021 Convertible debenture warrants - July 27, 2020 3,002,037 $ 1.2125 July 27, 2023 Private placement financing warrants - December 23, 2020 2,777,268 $ 1.50 December 23, 2023 Private placement financing warrants - February 11, 2021 16,461,539 $ 0.80 February 11, 2026 Private placement financing broker warrants - February 11, 2021 1,152,307 $ 0.80 February 11, 2026 Balance, August 31, 2021 23,681,052 - -
Schedule of continuity of outstanding stock options	Schedule of continuity of outstanding stock options Number of stock options Weighted average exercise price per share Balance – August 31, 2019 and 2020 7,352,000 CAD $ 0.41 Options exercised (1,000 ) CAD $ 0.40 Balance – August 31, 2021 7,351,000 CAD $ 0.41
Schedule of Options to purchase common shares carry exercise prices and terms to maturity	Schedule of Options to purchase common shares carry exercise prices and terms to maturity Remaining Exercise price (1) Number of options Expiry contractual Outstanding $ Outstanding Exercisable Date life (years) (1) CAD $ 0.40 3,719,000 3,719,000 September 29, 2026 5.1 CAD $ 0.43 3,532,000 3,532,000 October 11, 2026 5.1 CAD $ 0.35 100,000 100,000 January 2, 2028 6.3 CAD $ 0.41 7,351,000 7,351,000 5.1 (1) Total represents weighted average.

Reserve for warrants (Tables)

Reserve for warrants (Tables)	12 Months Ended
	Aug. 31, 2021
Reserve For Warrants
Schedule of Reserve for warrants	Schedule of Reserve for warrants Year ended August 31, 2021 August 31, 2020 Balance at beginning of year $ 728 $ 728 Warrants issued (Note 7) 878 - Balance at end of year $ 1,606 $ 728

Reserve for share based payme_2

Reserve for share based payments (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of reserve for share based payments	Schedule of reserve for share based payments Year ended August 31, 2021 August 31, 2020 Balance at beginning of year $ 2,748 $ 6,413 Share based compensation – Stock options - 8 Share based compensation – Common shares (Note 10) 2,933 - Conversion component of convertible loans - 613 Transfer of reserve on exercise of options (1 ) - Transfer of reserve on conversion of convertible loans (Note 7) - (4,286 ) Balance at end of year $ 5,680 $ 2,748

Related party transactions (Tab

Related party transactions (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of Related Parties Transactions	Schedule of Related Parties Transactions Year ended August 31, 2021 2020 2019 Consulting 1,2 $ 46 $ 178 $ 153 1. During the year ended August 31, 2021, consulting and website/data back-up services were provided by Giancarlo Volo, the Company’s former Director of Operations – Africa, and companies related to him (2021 - $21, 2020 - $18, 2019 - $23). Effective May 31, 2021, these related party services have been discontinued and a new arm’s length party has been engaged to provide these website and data back-up services prospectively. 2. During the year ended August 31, 2021, consulting services were provided by a company controlled by Ulli Rath, a former Director of the Company (2021 - $25, 2020 - $160, 2019 - $130).
Schedule of Related Parties Compensation	Schedule of Related Parties Compensation Year ended August 31, 2021 2020 2019 Salaries and benefits 1 $ 1,695 $ 643 $ 519 Share based payments 2,933 2,503 - Total $ 4,628 $ 3,146 $ 519 (1) Salaries and benefits include sign-on bonuses for certain key management personnel as well as director fees. The board of directors do not have employment or service contracts with the Company. Directors are entitled to director fees and RSU's for their services and officers are entitled to cash remuneration and share based compensation for their services.

Financial Instruments (Tables)

Financial Instruments (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of derivative warrant liabilities and convertible debentures	Schedule of derivative warrant liabilities and convertible debentures Type Valuation Technique Key Inputs Inter-relationship between significant inputs and fair value measurement Derivative warrant liabilities The fair value of the warrant liabilities at the year-end has been calculated using a Black-Scholes pricing model combined with a discounted cash flow methodology. Key observable inputs · · · Key unobservable inputs · The estimated fair value would increase (decrease) if: · · · · · Convertible debentures The fair value of the convertible debt during the period was calculated using a binomial lattice methodology. Key observable inputs* · · · Key unobservable inputs* · The estimated fair value would increase (decrease) if: · · · ·
Schedule of significant unobservable input	Schedule of significant unobservable input Derivative Warrant Liabilities August 31, 2021 Comprehensive Loss Increase Decrease Expected volatility (20% movement vs. the model input) $ (716 ) $ 720

Amounts receivable (Tables)

Amounts receivable (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of Summary of Receivables	Schedule of Summary of Receivables August 31, 2021 August 31, 2020 September 1, 2019 Receivable from related parties $ - $ 48 $ 59 HST and VAT receivable 432 499 411 Other 28 - - Amounts Receivable $ 460 $ 547 $ 470
Schedule of Aged analysis of Receivables	Schedule of Aged analysis of Receivables August 31, 2021 August 31, 2020 September 1, 2019 Less than 1 month $ 23 $ 97 $ 66 1 to 3 months 43 77 83 Over 3 months 394 373 321 Total Amounts Receivable $ 460 $ 547 $ 470

Prepaid and other assets (Table

Prepaid and other assets (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of Prepaid and Other Assets	Schedule of Prepaid and Other Assets August 31, 2021 August 31, 2020 September 1, 2019 Insurance $ 54 $ 20 $ 11 Listing fees 32 31 30 Drilling 200 - - Legal retainers and other 46 27 50 Total Prepaid Expenses $ 332 $ 78 $ 91

Trade, other payables and acc_2

Trade, other payables and accrued liabilities (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of Aged analysis of Trade, Other Payables and Accrued Liabilities	Schedule of Aged analysis of Trade, Other Payables and Accrued Liabilities August 31, 2021 August 31, 2020 September 1, 2019 Less than 1 month $ 2,161 $ 2,353 $ 638 1 to 3 months 119 518 307 Over 3 months 2,983 2,079 3,792 Total Trade, Other Payables and Accrued Liabilities $ 5,263 $ 4,950 $ 4,737

Inventory (Tables)

Inventory (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of Inventory	Schedule of Inventory August 31, 2021 August 31, 2020 September 1, 2019 Stockpiled ore $ 712 $ 606 $ 389 Work in progress 350 106 - Supplies 117 14 4 Total Inventory $ 1,179 $ 726 $ 393

Segmented information (Tables)

Segmented information (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of operating segments	Schedule of operating segments As at August 31, 2021 As at August 31, 2020 Identifiable assets Canada $ 12,382 $ 3,986 Tanzania 44,136 34,153 $ 56,518 $ 38,139 Non-current assets Canada $ 28 $ 49 Tanzania 41,072 32,686 $ 41,100 $ 32,735

Asset Retirement Obligation (Ta

Asset Retirement Obligation (Tables)	12 Months Ended
	Aug. 31, 2021
Asset Retirement Obligation
Schedule of Reconciliation for asset retirement obligations	Schedule of Reconciliation for asset retirement obligations August 31, 2021 August 31, 2020 Balance, beginning of year $ 2,680 $ 554 (Decrease) Increase in estimate for asset retirement obligation (133 ) 2,120 Accretion expense 134 6 Balance, end of year $ 2,681 $ 2,680

Non-Controlling Interest (Table

Non-Controlling Interest (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of Changes to the non-controlling interest	Schedule of Changes to the non-controlling interest Year ended August 31, 2021 August 31, 2020 Balance at beginning of year $ (254 ) $ 424 Non-controlling interest’s 45% share of Buckreef Gold’s comprehensive loss (1,279 ) (678 ) Balance at end of year $ (1,533 ) $ (254 )
Schedule of summarized financial information	Schedule of summarized financial information August 31, 2021 August 31, 2020 Current assets $ 2,920 $ 1,038 Long term assets 33,535 23,229 Current liabilities (2,908 ) 4 Asset retirement obligation (2,681 ) (2,680 ) Advances from parent (33,728 ) (23,754 ) Comprehensive loss for the year $ (2,841 ) $ (1,558 )

Gold Bullion Loans (Tables)

Gold Bullion Loans (Tables)	12 Months Ended
	Aug. 31, 2021
Gold Bullion Loans
Schedule of gold bullion loans	Schedule of gold bullion loans Balance at August 31, 2019 $ 3,757 Loans received 223 Less: repayment of loans converted to shares (3,952 ) Less: conversion component of loans and finder’s fees (24 ) Interest accrued 228 Issuance of shares for interest payment (267 ) Interest accretion 35 Balance at August 31, 2020 and 2021 $ -

Finance costs (Tables)

Finance costs (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of Finance Costs	Schedule of Finance Costs Year ended August 31, 2021 2020 2019 Interest on Gold Bullion Loans $ - $ 693 $ 284 Interest on Convertible Loans - 1,285 173 $ - $ 1,978 $ 457

Convertible loans (Tables)

Convertible loans (Tables)	12 Months Ended
	Aug. 31, 2021
Convertible Loans
Schedule of convertible loans	Schedule of convertible loans Balance at August 31, 2019 $ 1,452 Proceeds from convertible loans 5,164 Conversion of convertible loan to shares (5,863 ) Repayment in cash (200 ) Less: Conversion component of convertible loans (589 ) Less: Finder’s fee (477 ) Interest accrued 296 Issuance of shares for interest payment (296 ) Interest accretion 513 Balance at August 31, 2020 and 2021 $ -

Convertible debentures (Tables)

Convertible debentures (Tables)	12 Months Ended
	Aug. 31, 2021
Convertible Debentures
Schedule of Initial recognition of the issuances	Schedule of Initial recognition of the issuances Issued Tranche Principal Maturity Date Interest Rate Fair Value July 27, 2020 Tranche A 4,000 January 27, 2022 0 % $ 3,432 August 20, 2020 Tranche A 2,000 February 20,2022 0 % 1,716 September 1, 2020 Tranche A 1,000 March 1, 2022 0 % 914 Total $ 7,000 $ 6,062
Schedule of balance of the convertible debentures	Schedule of balance of the convertible debentures August 31, 2021 Balance at August 31, 2020 $ 5,089 Fair value of third issuance 914 111 Change in fair value 901 Converted during the year (7,015 ) Balance at August 31, 2021 $ -
Schedule of Significant assumptions used in determining the fair value	Schedule of Significant assumptions used in determining the fair value August 31, 2021* August 31, 2020 Share price $ 0.62 to 0.83 $ 0.84 Risk-free interest rate 0.10 - 0.15 0.13 - 0.14 Discount for lack of marketability 6 - 15 21 Remaining term (in years) 0.81 - 1.37 1.41 - 1.97 * The range provided for the year ended August 31, 2021 refers to the range used for each assumption for the fair value at the date of the conversions during the year as the balance is $nil at year end.

Derivative warrant liabilities

Derivative warrant liabilities (Tables)	12 Months Ended
	Aug. 31, 2021
Derivative Warrant Liabilities
Schedule of derivative warrant liabilities	Schedule of derivative warrant liabilities August 31, 2021 Balance at August 31, 2020 $ 551 Warrants issued February 11, 2021 (Note 7) 7,830 Fair value adjustment (6,232 ) Balance at August 31, 2021 $ 2,149
Schedule of assumptions fair value of derivative warrant liabilities	Schedule of assumptions fair value of derivative warrant liabilities August 31, 2021 August 31, 2020 Share price $ 0.41 $ 0.84 Risk-free interest rate 0.19 - 0.67 0.15 % Dividend yield 0 0 % Expected volatility 60 - 70 51 % Remaining term (in years) 1.9 – 4.4 2.90

General and Administrative ex_2

General and Administrative expense (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of General and Administrative expense	Schedule of General and Administrative expense Year ended August 31, 2021 2020 2019 Depreciation (Note 6) $ 286 $ 220 $ 266 Consulting 614 564 422 Directors’ fees 225 181 84 Office and general 394 200 140 Shareholder information 545 511 286 Professional fees 1,089 1,297 1,258 Salaries and benefits 1,308 939 559 Management remuneration 1,470 466 435 Share based payments 2,933 3,228 178 Travel and accommodation 163 73 32 Total General and Administrative $ 9,027 $ 7,679 $ 3,660

Financial Instrument Related _2

Financial Instrument Related Costs and Other (Tables)	12 Months Ended
	Aug. 31, 2021
Financial Instrument Related Costs And Other
Schedule of Financial Instrument Related Costs and Other	Schedule of Financial Instrument Related Costs and Other Year ended August 31, 2021 2020 2019 Loss on derivative in gold bullion loans $ - $ (595 ) $ (977 ) Gain on derivative warrant liabilities (Note 26) 6,232 291 - Change in fair v alue of convertible debentures (Note 25) (901 ) 50 - Accretion on asset retirement obligation (Note 20) (134 ) (6 ) (8 ) Finance costs (Note 23) - (1,978 ) (457 ) Transaction costs on convertible debenture (Note 25) (31 ) (855 ) - Loss on disposal of assets (27 ) - - Settlement of lawsuit - - (116 ) Transaction costs on derivative warrant liabilities (Note 7) (665 ) - - Interest accretion - (584 ) (746 ) (Interest) forgiveness of interest on leases 35 (7 ) (8 ) Withholding tax costs (11 ) 3 (37 ) Total Financial Instrument Related Costs and Other $ 4,498 $ (3,681 ) $ (2,349 )

Non-cash items (Tables)

Non-cash items (Tables)	12 Months Ended
	Aug. 31, 2021
Non-cash Items
Schedule of Non-cash items	Schedule of Non-cash items Year ended August 31, 2021 2020 2019 Depreciation $ 286 $ 220 $ 266 Write-off of mineral properties and deferred exploration costs - - 16,705 Loss on derivative in gold bullion loans - 595 823 Gain on derivative warrant liabilities (6,232 ) (291 ) - Change in fair value of convertible debentures 901 (50 ) - Share based payments 2,933 3,228 178 Accretion on asset retirement obligation 134 6 9 Interest accretion - 584 746 Foreign exchange 50 (180 ) 11 Forgiveness of interest (35 ) - - Shares issued for interest on loans - 584 499 Total Non-cash items $ (1,963 ) $ 4,696 $ 19,237

Taxes (Tables)

Taxes (Tables)	12 Months Ended
	Aug. 31, 2021
Schedule of Income Tax Provision	Schedule of Income Tax Provision 2021 2020 2019 Combined basic Canadian federal and provincial statutory income tax rates including surtaxes 26.50 % 26.50 % 26.50 % Statutory income tax rates applied to accounting income $ (1,400 ) $ (3,218 ) $ (6,114 ) Increase (decrease) in provision for income taxes: Foreign tax rates different from statutory rate - (60 ) (619 ) Permanent differences and other items (762 ) 541 (817 ) Benefit of tax losses not recognized 2,162 2,737 7,550 Provision for income taxes $ - $ - $ -
Schedule of Deferred Tax Assets and Liabilities	Schedule of Deferred Tax Assets and Liabilities Deferred Income Tax Liabilities Mineral properties Debt issuance cost Total At August 31, 2019 $ (8,014 ) $ (217 ) $ (8,231 ) Charged to the consolidated statement of comprehensive loss (1,935 ) (133 ) (2,068 ) At August 31, 2020 $ (9,949 ) $ (350 ) $ (10,299 ) Charged to the consolidated statement of comprehensive loss (2,474 ) 350 (2,124 ) At August 31, 2021 $ (12,423 ) $ - $ (12,423 ) Deferred Income Tax Assets Non-capital losses Non-capital losses Total At August 31, 2019 $ 8,014 $ 217 $ 8,231 Charged to the consolidated statement of comprehensive loss 1,935 133 2,068 At August 31, 2020 $ 9,949 $ 350 $ 10,299 Charged to the consolidated statement of comprehensive loss 2,474 (350 ) 2,124 At August 31, 2021 $ 12,423 $ - $ 12,423 Net deferred tax assets (liabilities) $ - $ - $ -
Schedule of temporary difference, unused tax losses and unused tax credits	Schedule of temporary difference, unused tax losses and unused tax credits August 31, 2021 August 31, 2020 Non-capital losses $ 87,242 $ 70,583 Property, plant and equipment 110 184 Capital losses 1 1 Financing costs 2,217 - $ 89,570 $ 70,768
Schedule of Net Operation Losses	Schedule of Net Operation Losses 2026 $ 1,356 2027 1,100 2028 1,198 2029 1,559 2030 1,131 2031 1,885 2032 1,978 2033 1,864 2034 1,740 2035 1,572 2036 1,625 2037 2,272 2038 2,960 2039 2,309 2040 5,819 2041 728 Non Capital Losses $ 31,096

Nature of Operations and Goin_2

Nature of Operations and Going Concern (Details Narrative) - USD ($) $ in Thousands	Aug. 31, 2021	Aug. 31, 2020	Sep. 01, 2019	Aug. 31, 2019	Aug. 31, 2018
Nature Of Operations And Going Concern
Cash	$ 13,447	$ 4,053	$ 2,547	$ 2,547	$ 327

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Tanzam [member]
IfrsStatementLineItems [Line Items]
Ownership interest in subsidiary	100.00%	100.00%
Tancan [member]
IfrsStatementLineItems [Line Items]
Ownership interest in subsidiary	100.00%	100.00%
Buckreef [Member]
IfrsStatementLineItems [Line Items]
Ownership interest in subsidiary	55.00%	55.00%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Details 1)	12 Months Ended
	Aug. 31, 2021
Machinery [member] | Top of range [member]
IfrsStatementLineItems [Line Items]
Estimated useful life	5 years
Machinery [member] | Bottom of range [member]
IfrsStatementLineItems [Line Items]
Estimated useful life	8 years
Automotive [member]
IfrsStatementLineItems [Line Items]
Estimated useful life	5 years
Computer equipment [member]
IfrsStatementLineItems [Line Items]
Estimated useful life	3 years
Leasehold improvements [member]
IfrsStatementLineItems [Line Items]
Estimated useful life	5 years
Processing Pplant [Member]
IfrsStatementLineItems [Line Items]
Estimated useful life	8 years

Change in Presentation Curren_3

Change in Presentation Currency (Details) $ in Thousands, $ in Thousands	Aug. 31, 2021USD ($)	Aug. 31, 2020USD ($)	Aug. 31, 2020CAD ($)	Sep. 01, 2019USD ($)	Sep. 01, 2019CAD ($)	Aug. 31, 2019USD ($)	Aug. 31, 2019CAD ($)	Aug. 31, 2018USD ($)	Aug. 31, 2018CAD ($)
IfrsStatementLineItems [Line Items]
Cash	$ 13,447	$ 4,053		$ 2,547		$ 2,547		$ 327
Non-current assets	41,100	32,735
Total assets	56,518	38,139		28,645
Current liabilities	7,412	10,590		10,923
Share capital	158,129	135,100		108,218
Reserves	5,680	2,748		6,413
Non-controlling interests (Note 21)	(1,533)	(254)		424
Total shareholders' equity	$ 46,425	24,869		13,797		13,797		26,307
Previously stated [member]
IfrsStatementLineItems [Line Items]
Cash			$ 5,294		$ 3,389		$ 3,389		$ 426
Other current assets			1,764		1,269
Non-current assets			42,753		33,461
Total assets			49,811		38,119
Current liabilities			(13,831)		(14,531)
Long term debt			(3,500)		(5,224)
Total liabilities			(17,331)		(19,755)
Share capital			178,397		142,252
Reserves			4,482		9,407
Accumulated deficit and other comprehensive income			(150,037)		(133,877)
Non-controlling interests (Note 21)			(362)		582
Total shareholders' equity			$ 32,480		$ 18,364
Presentation Currency Change [Member]
IfrsStatementLineItems [Line Items]
Cash		(1,241)		(842)		(842)		(99)
Other current assets		(413)		(315)
Non-current assets		(10,018)		(8,317)
Total assets		(11,672)		(9,474)
Current liabilities		3,241		3,608
Long term debt		820		1,299
Total liabilities		4,061		4,907
Share capital		(43,297)		(34,034)
Reserves		(1,006)		(2,266)
Accumulated deficit and other comprehensive income		36,584		31,891
Non-controlling interests (Note 21)		108		(158)
Total shareholders' equity		(7,611)		(4,567)
Restateds [Member]
IfrsStatementLineItems [Line Items]
Cash		4,053		2,547		$ 2,547		$ 327
Other current assets		1,351		954
Non-current assets		32,735		25,144
Total assets		38,139		28,645
Current liabilities		(10,590)		(10,923)
Long term debt		(2,680)		(3,925)
Total liabilities		(13,270)		(14,848)
Share capital		135,100		108,218
Reserves		3,476		7,141
Accumulated deficit and other comprehensive income		(113,453)		(101,986)
Non-controlling interests (Note 21)		(254)		424
Total shareholders' equity		$ 24,869		$ 13,797

Change in Presentation Curren_4

Change in Presentation Currency (Details 1) $ / shares in Units, $ / shares in Units, $ in Thousands, $ in Thousands	12 Months Ended
	Aug. 31, 2021USD ($)$ / shares	Aug. 31, 2020USD ($)$ / shares	Aug. 31, 2020CAD ($)$ / shares	Aug. 31, 2019USD ($)$ / shares	Aug. 31, 2019CAD ($)$ / shares
IfrsStatementLineItems [Line Items]
General and administrative expense (Note 27)	$ 9,027	$ 7,679		$ 3,660
Net loss and comprehensive loss	$ 5,283	$ 12,145		$ 23,071
Earnings per share - basic and diluted | $ / shares	$ (0.02)	$ (0.07)		$ (0.17)
Previously stated [member]
IfrsStatementLineItems [Line Items]
General and administrative expense (Note 27)			$ (10,327)		$ (4,853)
Other income (expenses)			(5,895)		(25,565)
Net loss and comprehensive loss			$ (16,222)		$ (30,418)
Earnings per share - basic and diluted | $ / shares			$ (0.10)		$ (0.22)
Presentation Currency Change [Member]
IfrsStatementLineItems [Line Items]
General and administrative expense (Note 27)		$ 2,648		$ 1,193
Other income (expenses)		1,429		6,154
Net loss and comprehensive loss		$ 4,077		$ 7,347
Earnings per share - basic and diluted | $ / shares		$ 0.03		$ 0.05
Restateds [Member]
IfrsStatementLineItems [Line Items]
General and administrative expense (Note 27)		$ (7,679)		$ (3,660)
Other income (expenses)		(4,466)		(19,411)
Net loss and comprehensive loss		$ (12,145)		$ (23,071)
Earnings per share - basic and diluted | $ / shares		$ (0.07)		$ (0.17)

Change in Presentation Curren_5

Change in Presentation Currency (Details 2) $ in Thousands, $ in Thousands	12 Months Ended
	Aug. 31, 2021USD ($)	Aug. 31, 2020USD ($)	Aug. 31, 2020CAD ($)	Aug. 31, 2019USD ($)	Aug. 31, 2019CAD ($)	Aug. 31, 2020CAD ($)	Sep. 01, 2019USD ($)	Sep. 01, 2019CAD ($)	Aug. 31, 2019CAD ($)	Aug. 31, 2018USD ($)	Aug. 31, 2018CAD ($)
IfrsStatementLineItems [Line Items]
Cash used in operating activities	$ (7,517)	$ (6,599)		$ (3,926)
Cash used in investing activities	(6,623)	(6,723)		(2,187)
Cash provided by financing activities	23,534	14,828		8,333
Net increase in cash	9,394	1,506		2,220
Cash, end of year	$ 13,447	4,053		2,547			$ 2,547			$ 327
Previously stated [member]
IfrsStatementLineItems [Line Items]
Cash used in operating activities			$ (8,564)		$ (4,818)
Cash used in investing activities			(9,117)		(3,052)
Cash provided by financing activities			19,585		10,833
Net increase in cash			$ 1,904		$ 2,963
Cash, end of year						$ 5,294		$ 3,389	$ 3,389		$ 426
Cash, end of year						$ 5,293			$ 3,389
Presentation Currency Change [Member]
IfrsStatementLineItems [Line Items]
Cash used in operating activities		1,965		892
Cash used in investing activities		2,394		865
Cash provided by financing activities		(4,757)		(2,500)
Net increase in cash		(398)		(743)
Cash, end of year		(1,241)		(842)			(842)			(99)
Cash, end of year		(1,240)		(842)
Restateds [Member]
IfrsStatementLineItems [Line Items]
Cash used in operating activities		(6,599)		(3,926)
Cash used in investing activities		(6,723)		(2,187)
Cash provided by financing activities		14,828		8,333
Net increase in cash		1,506		2,220
Cash, end of year		4,053		2,547			$ 2,547			$ 327
Cash, end of year		$ 4,053		$ 2,547

Mineral Properties and Deferr_3

Mineral Properties and Deferred Exploration (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
IfrsStatementLineItems [Line Items]
Balance	$ 30,997	$ 23,859	$ 38,311
Camp, field supplies and travel	356	368	146
License fees and exploration and field overhead	2,809	863	660
Geological consulting and field wages	3,150	729	56
Trenching and drilling	605	2,663	1,390
Balance before Write-offs			2,252
Write-offs			(16,705)
Mine design	1,321	597
Change in estimate of asset retirement obligation	(133)	2,048
Gold sales	(2,524)	(368)
Payments to STAMICO as per Joint Venture agreement	1,050	239
Mining and processing costs	987
Balance	38,618	30,997	23,859
Kigosi Project [member]
IfrsStatementLineItems [Line Items]
Camp, field supplies and travel
License fees and exploration and field overhead			8
Geological consulting and field wages
Trenching and drilling
Balance before Write-offs			8
Write-offs		(14,100)	(9,596)
Mine design
Change in estimate of asset retirement obligation
Gold sales
Payments to STAMICO as per Joint Venture agreement
Mining and processing costs
Itelemia Project [member]
IfrsStatementLineItems [Line Items]
Camp, field supplies and travel
License fees and exploration and field overhead
Geological consulting and field wages
Trenching and drilling
Balance before Write-offs
Write-offs			(4,553)
Mine design
Change in estimate of asset retirement obligation
Gold sales
Payments to STAMICO as per Joint Venture agreement
Mining and processing costs
Luhala Project [member]
IfrsStatementLineItems [Line Items]
Camp, field supplies and travel
License fees and exploration and field overhead			2
Geological consulting and field wages
Trenching and drilling
Balance before Write-offs			2
Write-offs		(2,600)	(2,556)
Mine design
Change in estimate of asset retirement obligation
Gold sales
Payments to STAMICO as per Joint Venture agreement
Mining and processing costs
Buckreef Gold Project [member]
IfrsStatementLineItems [Line Items]
Balance	30,997	23,859	21,617
Camp, field supplies and travel	356	368	146
License fees and exploration and field overhead	2,809	863	650
Geological consulting and field wages	3,150	729	56
Trenching and drilling	605	2,663	1,390
Balance before Write-offs			2,242
Write-offs
Mine design	1,321	597
Change in estimate of asset retirement obligation	(133)	2,048
Gold sales	(2,524)	(368)
Payments to STAMICO as per Joint Venture agreement	1,050	239
Mining and processing costs	987
Balance	38,618	30,997	23,859
Kigosi Project [member]
IfrsStatementLineItems [Line Items]
Balance			9,588
Balance
Itelemia Project [member]
IfrsStatementLineItems [Line Items]
Balance			4,553
Balance
Luhala Project [member]
IfrsStatementLineItems [Line Items]
Balance			2,554
Balance

Mineral Properties and Deferr_4

Mineral Properties and Deferred Exploration (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
IfrsStatementLineItems [Line Items]
Settled delay penalty	$ 750
Penality payments for monthly installments	125
Write-downs of mineral properties and deferred exploration costs			$ 16,705
Kigosi Project [member]
IfrsStatementLineItems [Line Items]
Write-downs of mineral properties and deferred exploration costs		14,100	9,596
Luhala Project [member]
IfrsStatementLineItems [Line Items]
Write-downs of mineral properties and deferred exploration costs		$ 2,600	$ 2,556

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) - USD ($) $ in Thousands		12 Months Ended
		Aug. 31, 2021		Aug. 31, 2020	Sep. 01, 2019
IfrsStatementLineItems [Line Items]
Balance		$ 1,738
Balance		2,482		$ 1,738
Balance		2,482		1,738	$ 1,285
Processing plant [member]
IfrsStatementLineItems [Line Items]
Balance		1,445
Balance		1,939		1,445
Balance		1,939		1,445
Machinery [member]
IfrsStatementLineItems [Line Items]
Balance		205
Balance		481		205
Balance		481		205
Other [Member]
IfrsStatementLineItems [Line Items]
Balance		88
Balance		62		88
Balance		62		88
Gross carrying amount [member]
IfrsStatementLineItems [Line Items]
Balance		4,038		3,364
Additions		1,059		697
Disposals		(782)	[1]	(23)
Balance		4,315		4,038
Balance		4,315		4,038
Gross carrying amount [member] | Processing plant [member]
IfrsStatementLineItems [Line Items]
Balance		2,657		2,211
Additions		622		446
Disposals			[1]
Balance		3,279		2,657
Balance		3,279		2,657
Gross carrying amount [member] | Machinery [member]
IfrsStatementLineItems [Line Items]
Balance		1,220		1,060
Additions		437		183
Disposals		(703)	[1]	(23)
Balance		954		1,220
Balance		954		1,220
Gross carrying amount [member] | Other [Member]
IfrsStatementLineItems [Line Items]
Balance		161		93
Additions				68
Disposals		(79)	[1]
Balance		82		161
Balance		82		161
Accumulated depreciation and amortisation [member]
IfrsStatementLineItems [Line Items]
Balance		2,300		2,080
Disposals	[1]	(753)
Balance		1,833		2,300
Depreciation expense		286		220
Balance		1,833		2,300
Accumulated depreciation and amortisation [member] | Processing plant [member]
IfrsStatementLineItems [Line Items]
Balance		1,212		1,057
Disposals	[1]
Balance		1,340		1,212
Depreciation expense		128		155
Balance		1,340		1,212
Accumulated depreciation and amortisation [member] | Machinery [member]
IfrsStatementLineItems [Line Items]
Balance		1,015		957
Disposals	[1]	(686)
Balance		473		1,015
Depreciation expense		144		58
Balance		473		1,015
Accumulated depreciation and amortisation [member] | Other [Member]
IfrsStatementLineItems [Line Items]
Balance		73		66
Disposals	[1]	(67)
Balance		20		73
Depreciation expense		14		7
Balance		$ 20		$ 73
[1]	During the period the Company retired assets with a net book value of $29 for a loss on disposal of $27.

Capital Stock (Details)

Capital Stock (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
IfrsStatementLineItems [Line Items]
Beginning balance, value	$ 24,869	$ 13,797	$ 26,307
Issued for cash, net of share issue costs	23,226	3,441	6,724
Transfer of conversion component on conversion of convertible loans
Issued for settlement of convertible debentures	7,015
Options exercised
Ending balance, value	$ 46,425	$ 24,869	$ 13,797
Issued capital [member]
IfrsStatementLineItems [Line Items]
Balance, number (in shares)	199,975,122	150,391,558	125,162,803
Beginning balance, value	$ 135,100	$ 108,218	$ 96,719
Issued for cash, net of share issue costs, shares	38,477,666	6,768,634
Issued for cash, net of share issue costs	$ 23,226	$ 3,441	6,724
Shares issued for settlement of convertible and gold loans, shares		29,267,417
Shares issued for settlement of convertible and gold loans		$ 11,382
Transfer of conversion component on conversion of convertible loans, shares
Transfer of conversion component on conversion of convertible loans		$ 4,286	$ 1,058
Shares issued for interest on gold and convertible loans, shares		1,463,855
Shares issued for interest on gold and convertible loans		$ 584
Shares issued for services, shares		5,623,000
Shares issued for services		$ 3,228
Finders fees on convertible and gold bullion loans, shares		1,025,762
Finders fees on convertible and gold bullion loans		$ 477
Warrants exercised, shares		5,434,896
Warrants exercised		$ 3,484
Warrants issued, shares
Warrants issued	$ (8,710)
Issued for settlement of convertible debentures, shares	12,150,447
Issued for settlement of convertible debentures	$ 7,015
Issued for settlement of debts related to convertible and gold loans, shares	4,266,321
Issued for settlement of debts related to convertible and gold loans	$ 1,497
Options exercised, shares	1,000
Options exercised
Transfer of reserve on exercise of stock options, shares
Transfer of reserve on exercise of stock options	$ 1
Balance, number (in shares)	254,870,556	199,975,122	150,391,558
Ending balance, value	$ 158,129	$ 135,100	$ 108,218

Capital Stock (Details 1)

Capital Stock (Details 1) - $ / shares	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Ending balance, Number of stock options	3,289,938	4,305,758
Ending balance, Weighted average exercise price per share	$ 1.19	$ 1.09
Warrants exercised, Number of stock options		(4,017,857)
Warrants exercised, Weighted average exercise price per share		$ 1.10
Warrants issued. Number of stock options	20,391,114	3,002,037
Warrants issued, Weighted average exercise price per share	$ 0.89	$ 1.21
Ending balance, Number of stock options	23,681,052	3,289,938
Ending balance, Weighted average exercise price per share	$ 0.94	$ 1.19

Capital Stock (Details 2)

Capital Stock (Details 2)	12 Months Ended
	Aug. 31, 2021$ / sharesshares
IfrsStatementLineItems [Line Items]
Number of warrants (in shares)	23,681,052
Private placement financing agent warrants dated September 1, 2016 [Member]
IfrsStatementLineItems [Line Items]
Number of warrants (in shares)	73,616
Exercise price (in dollars per share) | $ / shares	$ 0.8718
Expiry date	Sep. 1, 2021
Private placement financing agent warrants dated September 26, 2016 [Member]
IfrsStatementLineItems [Line Items]
Number of warrants (in shares)	214,285
Exercise price (in dollars per share) | $ / shares	$ 0.9515
Expiry date	Sep. 26, 2021
Convertible Debenture Warrants [Member]
IfrsStatementLineItems [Line Items]
Number of warrants (in shares)	3,002,037
Exercise price (in dollars per share) | $ / shares	$ 1.2125
Expiry date	Jul. 27, 2023
Private Placement Financing Agent Warrants Dated December 232020 [Member]
IfrsStatementLineItems [Line Items]
Number of warrants (in shares)	2,777,268
Exercise price (in dollars per share) | $ / shares	$ 1.50
Expiry date	Dec. 23, 2023
Private Placement Financing Agent Warrants Dated Feburary 112021 [Member]
IfrsStatementLineItems [Line Items]
Number of warrants (in shares)	16,461,539
Exercise price (in dollars per share) | $ / shares	$ 0.80
Expiry date	Feb. 11, 2026
Private Placement Financing Broker Warrants February 112021 [Member]
IfrsStatementLineItems [Line Items]
Number of warrants (in shares)	1,152,307
Exercise price (in dollars per share) | $ / shares	$ 0.80
Expiry date	Feb. 11, 2026

Capital Stock (Details 3)

Capital Stock (Details 3)	12 Months Ended
	Aug. 31, 2021shares$ / shares
IfrsStatementLineItems [Line Items]
Ending balance | shares	7,351,000
Ending balance, weighted average exercise price | $ / shares	$ 0.41	[1]
Stock Options [member]
IfrsStatementLineItems [Line Items]
Beginning balance | shares	7,352,000
Beginning balance, weighted average exercise price | $ / shares	$ 0.41
Options exercised | shares	(1,000)
Options excersied, weighted average exercise price | $ / shares	$ 0.40
Ending balance | shares	7,351,000
Ending balance, weighted average exercise price | $ / shares	$ 0.41
[1]	Total represents weighted average.

Capital Stock (Details 4)

Capital Stock (Details 4)	12 Months Ended
	Aug. 31, 2021shares$ / shares
IfrsStatementLineItems [Line Items]
Exercise price | $ / shares	$ 0.41	[1]
Number of options outstanding	7,351,000
Number of options exercisable	7,351,000
Remaining contractual life	5 years 1 month 6 days	[1]
Range 1 [Member]
IfrsStatementLineItems [Line Items]
Exercise price | $ / shares	$ 0.40	[1]
Number of options outstanding	3,719,000
Number of options exercisable	3,719,000
Expiry date	Sep. 29, 2026
Remaining contractual life	5 years 1 month 6 days	[1]
Range 2 [Member]
IfrsStatementLineItems [Line Items]
Exercise price | $ / shares	$ 0.43	[1]
Number of options outstanding	3,532,000
Number of options exercisable	3,532,000
Expiry date	Oct. 11, 2026
Remaining contractual life	5 years 1 month 6 days	[1]
Range 3 [Member]
IfrsStatementLineItems [Line Items]
Exercise price | $ / shares	$ 0.35	[1]
Number of options outstanding	100,000
Number of options exercisable	100,000
Expiry date	Jan. 2, 2028
Remaining contractual life	6 years 3 months 18 days	[1]
[1]	Total represents weighted average.

Capital Stock (Details Narrativ

Capital Stock (Details Narrative) - USD ($)	Feb. 11, 2021	Apr. 15, 2020	Dec. 23, 2020	Apr. 15, 2020	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019	Sep. 01, 2019
IfrsStatementLineItems [Line Items]
Sale of stock	32,923,078		5,554,588			14,840,305
Purchase of warrants	16,461,539		2,777,268
Aggregate of net proceeds	$ 21,400,000		$ 3,000,000
Description of shares and warrants	The common shares and warrants were issued at $0.65 for each common share and a purchase warrant with the right of each whole warrant to purchase one common share at $0.80 for a period of five years from the issue date. The Company also issued 1,152,307 broker warrants with the same terms and incurred commission and other costs of $1.8 million out of which $0.7 million was allocated to the warrants issued in the unit and expensed in the statement of comprehensive loss.
Price per share			$ 0.54
Outstanding balance						$ 5,089,000
Warrants issued					(8,710,000)
Exercise of warrants, amount					$ (7,832,000)	$ 3,484,000
Weighted average exercise price					$ 0.94	$ 1.19	$ 1.09
Weighted average remaining contractual life					3 years 9 months 18 days
Omnibus Plan [Member]
IfrsStatementLineItems [Line Items]
Stock options					12,513,055	7,022,512
Warrants [Member]
IfrsStatementLineItems [Line Items]
Price per share			$ 1.50
Tranche A Convertible Debentures [Member]
IfrsStatementLineItems [Line Items]
Outstanding balance					$ 7,000,000
Converted to shares					12,150,447
Aggregate of value					$ 7,000,000
Issued capital [member]
IfrsStatementLineItems [Line Items]
Aggregate of net proceeds						$ 500,000
Issued for private placements, net of share issue costs, number (in shares)		5,623,000				6,768,634
Weighted average price		$ 0.57		$ 0.57		$ 0.575
Net of share issuance cost						$ 3,400,000
Warrants issued						$ 4,017,857
Maturity date						Sep. 26, 2021
Exercise of warrants, number (in shares)						5,434,896
Exercise of warrants, amount					$ (8,710,000)	$ 3,484,000	$ 162,000
Shares issued for interest on gold loans, number (in shares)						1,463,855
Shares issued for interest on gold loans, amount						$ 600,000
Total compensation				$ 3,200,000
Three Year Warrants [Member]
IfrsStatementLineItems [Line Items]
Issaunce of warrants					2,777,268
Warrants exercise price					$ 1.50
Fair value of warrants					$ 400,000
Dividend yield					0.00%
Risk free interest					0.18%
Volatility					69.00%
Expected life					36 months
Five Year Warrants [Member]
IfrsStatementLineItems [Line Items]
Issaunce of warrants					16,461,539
Warrants exercise price					$ 0.80
Fair value of warrants					$ 7,800,000
Dividend yield					0.00%
Risk free interest					0.46%
Volatility					62.00%
Expected life					60 months
Five Year Warrants One [Member]
IfrsStatementLineItems [Line Items]
Issaunce of warrants					1,152,307
Fair value of warrants					$ 500,000
Dividend yield					0.00%
Risk free interest					0.46%
Volatility					62.00%
Expected life					60 months
Convertible Debenture [Member]
IfrsStatementLineItems [Line Items]
Warrants exercise price					$ 1.2125

Reserve for Warrants (Details)

Reserve for Warrants (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
IfrsStatementLineItems [Line Items]
Warrants issued (Note 7)	$ (8,710)
Warrant reserve [member]
IfrsStatementLineItems [Line Items]
Balance at beginning of year	728	728
Warrants issued (Note 7)	878
Balance at end of year	$ 1,606	$ 728	$ 728

Reserve for Share Based Payme_3

Reserve for Share Based Payments (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
IfrsStatementLineItems [Line Items]
Beginning balance, value	$ 24,869	$ 13,797	$ 26,307
Share based compensation - Stock options		8	178
Transfer of reserve on conversion of convertible loans (Note 7)
Ending balance, value	46,425	24,869	13,797
Reserve of share-based payments [member]
IfrsStatementLineItems [Line Items]
Beginning balance, value	2,748	6,413	7,189
Share based compensation - Stock options		8	178
Share based compensation - Common shares	2,933
Conversion component of convertible loans		613
Transfer of reserve on exercise of options	(1)
Transfer of reserve on conversion of convertible loans (Note 7)		(4,286)	(1,058)
Ending balance, value	$ 5,680	$ 2,748	$ 6,413

Related Party Transactions and

Related Party Transactions and Key Management Compensation (Details) - USD ($) $ in Thousands		12 Months Ended
		Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
Consulting Fees	[1],[2]	$ 46	$ 178	$ 153
[1]	During the year ended August 31, 2021, consulting and website/data back-up services were provided by Giancarlo Volo, the Company’s former Director of Operations – Africa, and companies related to him (2021 - $21, 2020 - $18, 2019 - $23). Effective May 31, 2021, these related party services have been discontinued and a new arm’s length party has been engaged to provide these website and data back-up services prospectively.
[2]	During the year ended August 31, 2021, consulting services were provided by a company controlled by Ulli Rath, a former Director of the Company (2021 - $25, 2020 - $160, 2019 - $130).

Related Party Transactions an_2

Related Party Transactions and Key Management Compensation (Details 1) - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
		May 18, 2021	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
IfrsStatementLineItems [Line Items]
Salaries and benefits		$ 1,100
Total			$ 4,628	$ 3,146	$ 519
Directors [Member]
IfrsStatementLineItems [Line Items]
Salaries and benefits	[1]		1,695	643	519
Share based payments			2,933	2,503
Key management personnel of entity or parent [member]
IfrsStatementLineItems [Line Items]
Salaries and benefits	[1]		1,695	643	519
Share based payments			$ 2,933	$ 2,503
[1]	Salaries and benefits include sign-on bonuses for certain key management personnel as well as director fees. The board of directors do not have employment or service contracts with the Company. Directors are entitled to director fees and RSU's for their services and officers are entitled to cash remuneration and share based compensation for their services.

Related party transactions (Det

Related party transactions (Details Narrative) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	May 18, 2021	Aug. 31, 2021	Aug. 31, 2020	Feb. 11, 2021	Dec. 23, 2020
IfrsStatementLineItems [Line Items]
Due to related parties		$ 500	$ 1,100
Other receivables		0	$ 50
Fair market value of shares	1,560,000
Key Management	$ 1,100
Shares issued			14,840,305	32,923,078	5,554,588
Stock value		7,000
Recognized amount		$ 2,900	$ 0
First Date Of Common Shares [Member]
IfrsStatementLineItems [Line Items]
Shares issued		2,020,000
Fair market value		$ 1,400
Second Date Of Common Shares [Member]
IfrsStatementLineItems [Line Items]
Shares issued		3,550,000
Fair market value		$ 2,500
Third Date Of Common Shares [Member]
IfrsStatementLineItems [Line Items]
Shares issued		2,820,000
Fair market value		$ 2,000

Financial Instruments (Details)

Financial Instruments (Details)	12 Months Ended
	Aug. 31, 2021
Derivative Warrant Liabilities [Member]
IfrsStatementLineItems [Line Items]
Valuation Technique	The fair value of the warrant liabilities at the year-end has been calculated using a Black-Scholes pricing model combined with a discounted cash flow methodology.
Key Inputs	Key observable inputs ·      Share price (August 31, 2021: $0.41, August 31, 2020: $0.835)   ·      Risk-free interest rate (August 31, 2021: 0.19% to 0.67%, August 31, 2020: 0.15%) ·      Dividend yield (August 31, 2021: 0%, August 31, 2020: 0%) Key unobservable inputs ·      Expected volatility (August 31, 2021: 60% to 70%, August 31, 2020: 51%)
Inter-relationship between significant inputs and fair value measurement	The estimated fair value would increase (decrease) if: ·      The share price was higher (lower)   ·      The risk-free interest rate was higher (lower) ·      The dividend yield was lower (higher) ·      The expected volatility factor was higher (lower) ·      The credit spread was lower (higher)
Convertible Debentures [Member]
IfrsStatementLineItems [Line Items]
Valuation Technique	The fair value of the convertible debt during the period was calculated using a binomial lattice methodology.
Key Inputs	Key observable inputs* ·      Share price (August 31, 2021: $0.623 to $0.828, August 31, 2020: $ 0.835)   ·      Risk-free interest rate (August 31, 2021: 0.10% to 0.16%, August 31, 2020: 0.13% to 0.15%) ·      Dividend yield (August 31, 2021: 0%, August 31, 2020: 0%) Key unobservable inputs* ·      Discount for lack of marketability (DLOM) (August 31, 2021: 5%-15%, August 31, 2020: 20%-21%)
Inter-relationship between significant inputs and fair value measurement	The estimated fair value would increase (decrease) if: ·      The share price was higher (lower)   ·      The risk-free interest rate was higher (lower) ·      The dividend yield was lower (higher) ·      The discount for lack of marketability was lower (higher)

Financial Instruments (Details

Financial Instruments (Details 1) $ in Thousands	12 Months Ended
	Aug. 31, 2021USD ($)
Increase incomprehensive loss volatility	$ (716)
Decrease in comprehensive loss volatility	$ 720

Management of Capital (Details

Management of Capital (Details Narrative) - USD ($) $ in Thousands	Aug. 31, 2021	Aug. 31, 2020
Total equity attributable to owners of parent	$ 47,900	$ 25,100

Amounts receivable (Details)

Amounts receivable (Details) - USD ($) $ in Thousands	Aug. 31, 2021	Aug. 31, 2020	Sep. 01, 2019
Receivable from related parties		$ 48	$ 59
HST and VAT receivable	432	499	411
Other	28
Amounts Receivable	$ 460	$ 547	$ 470

Amounts receivable (Details 1)

Amounts receivable (Details 1) - USD ($) $ in Thousands	Aug. 31, 2021	Aug. 31, 2020	Sep. 01, 2019
IfrsStatementLineItems [Line Items]
Other receivables	$ 460	$ 547	$ 470
Later than three months and not later than one year [member]
IfrsStatementLineItems [Line Items]
Other receivables	23	373	321
Not later than one month [member]
IfrsStatementLineItems [Line Items]
Other receivables	43	97	66
Later than one month and not later than three months [member]
IfrsStatementLineItems [Line Items]
Other receivables	$ 394	$ 77	$ 83

Prepaid and Other Assets (Detai

Prepaid and Other Assets (Details) - USD ($) $ in Thousands	Aug. 31, 2021	Aug. 31, 2020	Sep. 01, 2019
Insurance	$ 54	$ 20	$ 11
Listing fees	32	31	30
Drilling	200
Legal retainers and other	46	27	50
Total Prepaid Expenses	$ 332	$ 78	$ 91

Trade, Other Payables and Acc_3

Trade, Other Payables and Accrued Liabilities (Details) - USD ($) $ in Thousands	Aug. 31, 2021	Aug. 31, 2020	Sep. 01, 2019
IfrsStatementLineItems [Line Items]
Trade, other payables and accrued liabilities	$ 5,263	$ 4,950	$ 4,737
Not later than one month [member]
IfrsStatementLineItems [Line Items]
Trade, other payables and accrued liabilities	2,161	2,353	638
Later than one month and not later than three months [member]
IfrsStatementLineItems [Line Items]
Trade, other payables and accrued liabilities	119	518	307
Later than three months and not later than one year [member]
IfrsStatementLineItems [Line Items]
Trade, other payables and accrued liabilities	$ 2,983	$ 2,079	$ 3,792

Inventory (Details)

Inventory (Details) - USD ($) $ in Thousands	Aug. 31, 2021	Aug. 31, 2020	Sep. 01, 2019
Stockpiled ore	$ 712	$ 606	$ 389
Work in progress	350	106
Supplies	117	14	4
Total Inventory	$ 1,179	$ 726	$ 393

Financial Instruments (Detail_2

Financial Instruments (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Sep. 01, 2019	Aug. 31, 2019	Aug. 31, 2018
Possible effect of 1% change in interest rates on net income (loss)	$ 100	$ 40
Cash	13,447	4,053	$ 2,547	$ 2,547	$ 327
Current Assets	15,418	5,404	3,501
Current liabilities	7,412	10,590	$ 10,923
Working capital deficiency	8,000	$ 5,200
Derivative liabilities	$ 2,100

Segmented Information (Details)

Segmented Information (Details) - USD ($) $ in Thousands	Aug. 31, 2021	Aug. 31, 2020	Sep. 01, 2019
Reserve Quantities [Line Items]
Assets	$ 56,518	$ 38,139	$ 28,645
Long term assets	41,100	32,735
Canada [Member]
Reserve Quantities [Line Items]
Assets	12,382	3,986
Long term assets	28	49
Tanzania [Member]
Reserve Quantities [Line Items]
Assets	44,136	34,153
Long term assets	$ 41,072	$ 32,686

Cash (Details Narrative)

Cash (Details Narrative) - USD ($) $ in Thousands	Aug. 31, 2021	Aug. 31, 2020	Sep. 01, 2019	Aug. 31, 2019	Aug. 31, 2018
Cash (Note 17)	$ 13,447	$ 4,053	$ 2,547	$ 2,547	$ 327

Asset Retirement Obligation (De

Asset Retirement Obligation (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Asset Retirement Obligation
Balance, beginning of year	$ 2,680	$ 554
(Decrease) Increase in estimate for asset retirement obligation	(133)	2,120
Accretion expense	134	6
Balance, end of the year	2,681	$ 2,680
Future retirement costs	$ 3,400
Risk free interest rate, retirement obligations	5.00%
Annual inflation assumption	3.60%

Non-controlling Interest (Detai

Non-controlling Interest (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
IfrsStatementLineItems [Line Items]
Balance at beginning of year	$ (254)
Balance at end of year	(1,533)	$ (254)
Non-controlling interests [member]
IfrsStatementLineItems [Line Items]
Balance at beginning of year	(254)	424
Non-controlling interests	(1,279)	(678)
Balance at end of year	$ (1,533)	$ (254)

Non-controlling Interest (Det_2

Non-controlling Interest (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019	Sep. 01, 2019
IfrsStatementLineItems [Line Items]
Current assets	$ 15,418	$ 5,404		$ 3,501
Long term assets	41,100	32,735
Current Liabilities	7,412	10,590		10,923
Asset retirement obligation	2,681	2,680	$ 554	$ 554
Comprehensive loss for the year	(5,283)	(12,145)	(23,071)
Non-controlling interests [member]
IfrsStatementLineItems [Line Items]
Comprehensive loss for the year	(1,279)	(678)	$ (90)
Non-controlling interests [member] | Buckreef [Member]
IfrsStatementLineItems [Line Items]
Current assets	2,920	1,038
Long term assets	33,535	23,229
Current Liabilities	(2,908)	4
Asset retirement obligation	(2,681)	(2,680)
Advances from parent	(33,728)	(23,754)
Comprehensive loss for the year	$ (2,841)	$ (1,558)

Gold Bullion Loans (Details)

Gold Bullion Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
IfrsStatementLineItems [Line Items]
Less: conversion component of convertible loans		$ 613	$ 125
Interest accretion		(584)	(746)
Gold bullion loans [member]
IfrsStatementLineItems [Line Items]
Balance		3,757
Loans received		223
Less: repayment of loans converted to shares		(3,952)
Less: conversion component of convertible loans		(24)
Interest accrued		228
Issuance of shares for interest payment		(267)
Interest accretion		35
Balance			$ 3,757

Gold Bullion Loans (Details Nar

Gold Bullion Loans (Details Narrative) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019	Feb. 11, 2021	Dec. 23, 2020
IfrsStatementLineItems [Line Items]
Number of shares issued, amount		$ 3,900
Number of shares issued		14,840,305		32,923,078	5,554,588
Interest accretion expense		$ 584,000	$ 746,000
Gold bullion loans [member]
IfrsStatementLineItems [Line Items]
Proceeds from loan	200,000
Finance income (cost)	0	700,000	300,000
Interest accretion expense	$ 0	$ 30,000	$ 200,000

Finance Costs (Details)

Finance Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
IfrsStatementLineItems [Line Items]
Finance costs		$ 1,978	$ 457
Gold bullion loans [member]
IfrsStatementLineItems [Line Items]
Finance costs		693	284
Convertible loans [member]
IfrsStatementLineItems [Line Items]
Finance costs		$ 1,285	$ 173

Convertible Loans (Details)

Convertible Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
IfrsStatementLineItems [Line Items]
Balance
Proceeds from issuance of convertible loans		$ 5,164	$ 1,234
Less: conversion component of convertible loans		613	125
Interest accretion		(584)	(746)
Balance
Convertible loans [member]
IfrsStatementLineItems [Line Items]
Balance		1,452
Proceeds from issuance of convertible loans		5,164
Conversion of convertible loan to shares		(5,863)
Repayment in cash		(200)
Less: conversion component of convertible loans		(589)
Less: finders fee	$ 500	(477)
Interest accrued		296
Issuance of shares for interest payment		(296)
Interest accretion		513
Balance			$ 1,452

Convertible loans (Details Narr

Convertible loans (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
IfrsStatementLineItems [Line Items]
Interest accretion expense		$ 584	$ 746
Convertible loans [member]
IfrsStatementLineItems [Line Items]
Proceeds from loan	5,100
Loans, finder's fee, Common Shares issued	500	(477)
Interest accretion expense	$ 0	$ 300	$ 500

Convertible debentures (Details

Convertible debentures (Details) - USD ($) $ in Thousands	Sep. 02, 2020	Aug. 20, 2020	Jul. 27, 2020	Aug. 31, 2021
IfrsStatementLineItems [Line Items]
Principal				$ 7,000
Fair Value				$ 6,062
Tranche A Debentures [Member]
IfrsStatementLineItems [Line Items]
Principal	$ 1,000	$ 2,000	$ 4,000
Maturity Date	Mar. 1, 2022	Feb. 20, 2022	Jan. 27, 2022
Interest Rate	0.00%	0.00%	0.00%
Fair Value	$ 914	$ 1,716	$ 3,432

Convertible debentures (Detai_2

Convertible debentures (Details 1) $ in Thousands	12 Months Ended
	Aug. 31, 2021USD ($)
IfrsStatementLineItems [Line Items]
Balance at beginning	$ 5,089
Balance at ending
Convertible Debentures [Member]
IfrsStatementLineItems [Line Items]
Fair value of third issuance	914
Day one gain on third issuance	111
Change in fair value	901
Converted during the year	(7,015)
Level 3 of fair value hierarchy [member]
IfrsStatementLineItems [Line Items]
Balance at beginning	5,089
Balance at ending

Convertible debentures (Detai_3

Convertible debentures (Details 2) - Convertible Debentures [Member] - $ / shares		12 Months Ended
		Aug. 31, 2021		Aug. 31, 2020
IfrsStatementLineItems [Line Items]
Share price				$ 0.84
Discount for lack of marketability				21.00%
Bottom of range [member]
IfrsStatementLineItems [Line Items]
Share price	[1]	$ 0.62
Risk-free interest rate		0.10%	[1]	0.13%
Discount for lack of marketability	[1]	6.00%
Remaining term (in years)		9 months 21 days	[1]	1 year 4 months 28 days
Top of range [member]
IfrsStatementLineItems [Line Items]
Share price	[1]	$ 0.83
Risk-free interest rate		0.15%	[1]	0.14%
Discount for lack of marketability	[1]	15.00%
Remaining term (in years)		1 year 4 months 13 days	[1]	1 year 11 months 19 days
[1]	The range provided for the year ended August 31, 2021 refers to the range used for each assumption for the fair value at the date of the conversions during the year as the balance is $nil at year end.

Convertible debentures (Detai_4

Convertible debentures (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Sep. 01, 2019
IfrsStatementLineItems [Line Items]
Convertable debentures		$ 5,089
Transactions costs	100
Convertible Debentures [Member]
IfrsStatementLineItems [Line Items]
Convertable debentures		14,000
Tranche A Convertible Debentures [Member]
IfrsStatementLineItems [Line Items]
Convertable debentures		7,000
Issuance of convertable debenture	$ 1,000	6,000
Tranche B Convertible Debentures [Member]
IfrsStatementLineItems [Line Items]
Convertable debentures		$ 7,000
Number of shares retired	12,150,447

Derivative warrant liabilitie_2

Derivative warrant liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
IfrsStatementLineItems [Line Items]
Warrants issued	$ (8,710)
Derivative warrant liabilities	2,100
Derivative Warrant Liabilities [Member]
IfrsStatementLineItems [Line Items]
Derivative warrant liabilities	551
Warrants issued	7,830
Fair value adjustment	(6,232)
Derivative warrant liabilities	$ 2,149	$ 551

Derivative warrant liabilitie_3

Derivative warrant liabilities (Details 1) - Derivative Warrant Liabilities [Member] - $ / shares	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
IfrsStatementLineItems [Line Items]
SharePrice	$ 0.41	$ 0.84
Risk-free interest rate		0.15%
Dividend yield	0.00%	0.00%
Expected volatility		51.00%
Remaining term (in years)		2 years 10 months 24 days
Bottom of range [member]
IfrsStatementLineItems [Line Items]
Risk-free interest rate	0.19%
Expected volatility	60.00%
Remaining term (in years)	1 year 10 months 24 days
Top of range [member]
IfrsStatementLineItems [Line Items]
Risk-free interest rate	0.67%
Expected volatility	70.00%
Remaining term (in years)	4 years 4 months 24 days

Derivative warrant liabilitie_4

Derivative warrant liabilities (Details Narrative) $ in Thousands	Aug. 31, 2021USD ($)
Derivative Warrant Liabilities
Derivative warrant liabilities	$ 2,100

General and Administrative ex_3

General and Administrative expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
Depreciation (Note 6)	$ 286	$ 220	$ 266
Consulting	614	564	422
Directors’ fees	225	181	84
Office and general	394	200	140
Shareholder information	545	511	286
Professional fees	1,089	1,297	1,258
Salaries and benefits	1,308	939	559
Management remuneration	1,470	466	435
Share based payments	2,933	3,228	178
Travel and accommodation	163	73	32
Total General and Administrative	$ 9,027	$ 7,679	$ 3,660

Financial Instrument Related _3

Financial Instrument Related Costs and Other (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
Financial Instrument Related Costs And Other
Loss on derivative in gold bullion loans		$ (595)	$ (977)
Gain on derivative warrant liabilities (Note 26)	6,232	291
Change in fair v alue of convertible debentures (Note 25)	(901)	50
Accretion on asset retirement obligation (Note 20)	(134)	(6)	(8)
Finance costs (Note 23)		(1,978)	(457)
Transaction costs on convertible debenture (Note 25)	(31)	(855)
Loss on disposal of assets	(27)
Settlement of lawsuit			(116)
Transaction costs on derivative warrant liabilities (Note 7)	(665)
Interest accretion		(584)	(746)
(Interest) forgiveness of interest on leases	35	(7)	(8)
Withholding tax costs	(11)	3	(37)
Total Financial Instrument Related Costs and Other	$ 4,498	$ (3,681)	$ (2,349)

Non-cash items (Details)

Non-cash items (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
Non-cash Items
Depreciation	$ 286	$ 220	$ 266
Write-off of mineral properties and deferred exploration costs			16,705
Loss on derivative in gold bullion loans		595	823
Gain on derivative warrant liabilities	(6,232)	(291)
Change in fair value of convertible debentures	901	(50)
Share based payments	2,933	3,228	178
Accretion on asset retirement obligation	134	6	9
Interest accretion		584	746
Foreign exchange	50	(180)	11
Forgiveness of interest	(35)
Shares issued for interest on loans		584	499
Total Non-cash items	$ (1,963)	$ 4,696	$ 19,237

Taxes (Details)

Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
Combined basic Canadian federal and provincial statutory income tax rates including surtaxes	26.50%	26.50%	26.50%
Statutory income tax rates applied to accounting income	$ (1,400)	$ (3,218)	$ (6,114)
Foreign tax rates different from statutory rate		(60)	(619)
Permanent differences and other items	(762)	541	(817)
Benefit of tax losses not recognized	2,162	2,737	7,550
Provision for income taxes

Taxes (Details 1)

Taxes (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
IfrsStatementLineItems [Line Items]
Balance, start of period	$ (10,299)	$ (8,231)
Charged to the consolidated statement of comprehensive loss	(2,124)	(2,068)
Balance, end of period	(12,423)	(10,299)
Balance, start of period	10,299	8,231
Charged to the consolidated statement of comprehensive loss	2,124	2,068
Balance, end of period	12,423	10,299
Net deferred tax assets (liabilities)
Deferred Tax Liabilities Mineral Properties [Member]
IfrsStatementLineItems [Line Items]
Balance, start of period	(9,949)	(8,014)
Charged to the consolidated statement of comprehensive loss	(2,474)	(1,935)
Balance, end of period	(12,423)	(9,949)
Deferred Tax Liabilities Debt Issuance Cost [Member]
IfrsStatementLineItems [Line Items]
Balance, start of period	(350)	(217)
Charged to the consolidated statement of comprehensive loss	350	(133)
Balance, end of period		(350)
Noncapital Losses [Member]
IfrsStatementLineItems [Line Items]
Balance, start of period	9,949	8,014
Charged to the consolidated statement of comprehensive loss	2,474	133
Balance, end of period	12,423	9,949
Net deferred tax assets (liabilities)
Noncapital Losses 1 [Member]
IfrsStatementLineItems [Line Items]
Balance, start of period	350	217
Charged to the consolidated statement of comprehensive loss	(350)	1,935
Balance, end of period		$ 350
Net deferred tax assets (liabilities)

Taxes (Details 2)

Taxes (Details 2) - USD ($) $ in Thousands	Aug. 31, 2021	Aug. 31, 2020
IfrsStatementLineItems [Line Items]
Temporary Differences	$ 89,570	$ 70,768
Noncapital Losses [Member]
IfrsStatementLineItems [Line Items]
Temporary Differences	87,242	70,583
Property, plant and equipment [member]
IfrsStatementLineItems [Line Items]
Temporary Differences	110	184
Capital Losses [Member]
IfrsStatementLineItems [Line Items]
Temporary Differences	1	1
Financing Costs [Member]
IfrsStatementLineItems [Line Items]
Temporary Differences	$ 2,217

Taxes (Details 3)

Taxes (Details 3) $ in Thousands	Aug. 31, 2021USD ($)
2026	$ 1,356
2027	1,100
2028	1,198
2029	1,559
2030	1,131
2031	1,885
2032	1,978
2033	1,864
2034	1,740
2035	1,572
2036	1,625
2037	2,272
2038	2,960
2039	2,309
2040	5,819
2041	728
Non Capital Losses	$ 31,096

Taxes (Details Narrative)

Taxes (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
Reserve Quantities [Line Items]
Unused tax losses for which no deferred tax asset recognised	$ 31,096
Deferred tax liability	0	$ 0
Noncapital Losses [Member]
Reserve Quantities [Line Items]
Unused tax losses for which no deferred tax asset recognised	$ 31,096	$ 30,368
Canada [Member]
Reserve Quantities [Line Items]
Total average effective tax rate	26.50%	26.50%	26.50%
Tanzania [Member]
Reserve Quantities [Line Items]
Total average effective tax rate	30.00%	30.00%	30.00%
Tanzania [Member] | Noncapital Losses [Member]
Reserve Quantities [Line Items]
Unused tax losses for which no deferred tax asset recognised	$ 56,146	$ 44,797