Document_and_Entity_Informatio
| Document and Entity Information | 3 Months Ended |
| Nov. 30, 2013 | |
| Document and Entity Information: | ' |
| Entity Registrant Name | 'Panex Resources Inc. |
| Document Type | '10-Q |
| Document Period End Date | 30-Nov-13 |
| Amendment Flag | 'false |
| Entity Central Index Key | '0001345756 |
| Current Fiscal Year End Date | '--08-31 |
| Entity Common Stock, Shares Outstanding | 366,261 |
| Entity Filer Category | 'Smaller Reporting Company |
| Entity Current Reporting Status | 'Yes |
| Entity Voluntary Filers | 'No |
| Entity Well-known Seasoned Issuer | 'No |
| Document Fiscal Year Focus | '2014 |
| Document Fiscal Period Focus | 'Q1 |
Balance_Sheets
| Balance Sheets (USD $) | Nov. 30, 2013 | Aug. 31, 2013 |
| Current Assets | ' | ' |
| Cash | $5,937 | $519 |
| Total Current Assets | 5,937 | 519 |
| Total Assets | 5,937 | 519 |
| Current Liabilities | ' | ' |
| Accounts payable and accrued expenses | 70,822 | 63,344 |
| Accounts payable and accrued expenses, related party | 126,653 | 163,643 |
| Loans and borrowings, related party | 50,000 | ' |
| Advances received for common stock subscriptions | 329,375 | ' |
| Loans and borrowings | ' | 110,000 |
| Total Current Liabilities | 576,850 | 336,987 |
| Total Liabilities | 576,850 | 336,987 |
| Stockholders' Equity (Deficit) | ' | ' |
| Common stock value | 366,261 | 118,261 |
| Additional paid-in capital | 13,131,129 | 13,080,699 |
| Donated capital | 77,627 | 77,627 |
| Deficit accumulated during the exploration stage | 14,145,930 | 13,613,055 |
| Total Stockholders' Equity (Deficit) | -570,913 | -336,468 |
| Total Liabilities and Stockholders' Equity (Deficit) | $5,937 | $519 |
Balance_Sheets_Parenthetical
| Balance Sheets (Parenthetical) (USD $) | Nov. 30, 2013 | Aug. 31, 2013 |
| Balance Sheet | ' | ' |
| Common stock, par value | $0.00 | $0.00 |
| Common stock, shares authorized | 500,000,000 | 500,000,000 |
| Common stock, shares issued | 366,261,507 | 118,261,507 |
| Common stock, shares outstanding | 366,261,507 | 118,261,507 |
Statements_of_Operations
| Statements of Operations (USD $) | 3 Months Ended | 114 Months Ended | |||
| Nov. 30, 2013 | Nov. 30, 2012 | Nov. 30, 2013 | |||
| Income Statement | ' | ' | ' | ||
| Revenue | ' | ' | ' | ||
| Operating expenses | ' | ' | ' | ||
| Donated rent | ' | ' | 5,250 | ||
| Donated services | ' | ' | 72,377 | ||
| Listing and filing fees | 3,631 | ' | 6,027 | ||
| Investor relation expense | 80,975 | ' | 80,975 | ||
| Management fees | ' | 34,403 | 783,254 | ||
| Stock option compensation | ' | ' | 221,756 | ||
| Professional fees | 42,900 | 42,709 | 1,480,790 | ||
| Travel costs | ' | ' | 335,415 | ||
| General and administrative | 76,290 | 46,394 | 672,720 | ||
| Foreign currency transaction loss (gain) | ' | 708 | 104,595 | ||
| Mineral property and exploration costs | 329,080 | ' | 5,068,857 | ||
| Write-off deferred acquisition cost | ' | ' | 400,000 | ||
| Provision against Minanca loan | ' | ' | 6,100,000 | ||
| Total operating expenses | 532,876 | 124,214 | 15,332,016 | ||
| Other income (expense) | ' | ' | ' | ||
| Interest income | ' | ' | 42,707 | ||
| Interest expense | ' | -36 | -304,413 | ||
| Loss on sale of investment | ' | ' | -126,182 | ||
| Extinguishment of liabilities | 50,430 | ' | 197,745 | ||
| Gain on sale of mineral property right | ' | ' | 1,376,228 | ||
| Total other income (expenses) | ' | -36 | 1,186,085 | ||
| Net income (loss) | ($532,876) | ($124,250) | ($14,145,930) | ||
| Net income (loss) per share - basic and diluted | $0 | [1] | $0 | [1] | ' |
| Weighted average number of shares outstanding - basic and diluted | 159,594,840 | 103,261,507 | ' | ||
| [1] | Amounts are less than $0.01 per share | ||||
Statements_of_Cash_Flows
| Statements of Cash Flows (USD $) | 3 Months Ended | 114 Months Ended | |
| Nov. 30, 2013 | Nov. 30, 2012 | Nov. 30, 2013 | |
| Cash Flows from Operating Activities | ' | ' | ' |
| Net (loss) income | ($532,876) | ($124,250) | ($14,145,930) |
| Adjustment to reconcile net loss to net cash used in operating activities: | ' | ' | ' |
| Foreign currency transaction loss (gain) | ' | 708 | 104,589 |
| Gain on sale of mineral property rights | ' | ' | -586,228 |
| Loss on sale of investment | ' | ' | 126,181 |
| Extinguishment of debt | ' | ' | -208,171 |
| Donated services and expenses | ' | ' | 77,627 |
| Expenses paid by issue of common stock | ' | ' | 500 |
| Options expense | ' | ' | 221,756 |
| Write-off deferred acquisition costs | ' | ' | 400,000 |
| Provision againts Minanca loan | ' | ' | 6,100,000 |
| Changes in operating assets and liabilities: | ' | ' | ' |
| Increase (decrease) in accounts payable and accrued liabilities | 146,883 | -35,829 | 1,218,353 |
| Increase (decrease) in amounts due to related parties | 63,011 | 14,712 | 357,170 |
| Net cash used in operating activities | -322,982 | -144,659 | -6,334,154 |
| Cash Flows from Investing Activities | ' | ' | ' |
| Cash received from sale of investment | ' | ' | 250,047 |
| Cash received from sale of mineral property rights | ' | ' | 210,000 |
| Deferred acquisition costs | ' | ' | 400,000 |
| Loan advances | ' | ' | 7,100,000 |
| Repayment of loan advances | ' | ' | 1,000,000 |
| Net cash used in investing activities | ' | ' | -6,039,953 |
| Cash Flows from Financing Activities | ' | ' | ' |
| Loan from related parties | 50,000 | ' | 644,313 |
| Loan repaid to related parties | ' | ' | 576,483 |
| Loan from unrelated third parties | ' | 100,000 | 340,000 |
| Advances received from common stock subscriptions | 278,400 | ' | 318,400 |
| Common shares issued for cash | ' | ' | 11,647,739 |
| Net cash provided by financing activities | 328,400 | 100,000 | 12,373,969 |
| Effect of exchange rates on cash | ' | -708 | 6,075 |
| Increase (decrease) in cash | 5,418 | -45,367 | 5,937 |
| Cash, beginning of period | 519 | 65,799 | ' |
| Cash, end of period | $5,937 | $20,423 | $5,937 |
Statement_of_Stockholders_Equi
| Statement of Stockholders' Equity (USD $) | Common Stock | Additional Paid-in Capital | Donated Capital | Deficit Accumulated during the Exploration Stage | Total Stockholders' Equity (Deficiency) |
| Beginning Balance, amount at May. 27, 2004 | ' | ' | ' | ' | ' |
| Common stock issued for services, shares | 6,000,000 | ' | ' | ' | ' |
| Common stock issued for services, value | $6,000 | ($5,500) | ' | ' | $500 |
| Return and cancellation of shares, shares | -6,000,000 | ' | ' | ' | ' |
| Return and cancellation of shares, value | -6,000 | 6,000 | ' | ' | ' |
| Net income (loss) for the period | ' | ' | ' | -500 | -500 |
| Ending Balance, amount at Aug. 31, 2004 | ' | 500 | ' | -500 | ' |
| Return and cancellation of shares, shares | -30,000,000 | ' | ' | ' | ' |
| Return and cancellation of shares, value | -30,000 | 30,000 | ' | ' | ' |
| Common stock issued for cash, shares | 64,500,000 | ' | ' | ' | ' |
| Common stock issued for cash, value | 64,500 | -17,750 | ' | ' | 46,750 |
| Donated rent | ' | ' | 3,000 | ' | 3,000 |
| Donated services | ' | ' | 6,000 | ' | 6,000 |
| Net income (loss) for the period | ' | ' | ' | -15,769 | -15,769 |
| Ending Balance, amount at Aug. 31, 2005 | 34,500 | 12,750 | 9,000 | -16,269 | 39,981 |
| Ending Balance, shares at Aug. 31, 2005 | 34,500,000 | ' | ' | ' | ' |
| Common stock issued for cash, shares | 1,964,285 | ' | ' | ' | ' |
| Common stock issued for cash, value | 1,964 | 4,498,036 | ' | ' | 4,500,000 |
| Donated rent | ' | ' | 2,250 | ' | 2,250 |
| Donated services | ' | ' | 4,500 | ' | 4,500 |
| Net income (loss) for the period | ' | ' | ' | -848,560 | -848,560 |
| Ending Balance, amount at Aug. 31, 2006 | 36,464 | 4,510,786 | 15,750 | -864,829 | 3,698,171 |
| Ending Balance, shares at Aug. 31, 2006 | 36,464,285 | ' | ' | ' | ' |
| Common stock issued for cash, shares | 7,632,500 | ' | ' | ' | ' |
| Common stock issued for cash, value | 7,632 | 6,098,368 | ' | ' | 6,106,000 |
| Net income (loss) for the period | ' | ' | ' | -10,943,990 | -10,943,990 |
| Ending Balance, amount at Aug. 31, 2007 | 44,096 | 10,609,154 | 15,750 | -11,808,819 | -1,139,819 |
| Ending Balance, shares at Aug. 31, 2007 | 44,096,785 | ' | ' | ' | ' |
| Net income (loss) for the period | ' | ' | ' | -66,651 | -66,651 |
| Ending Balance, amount at Aug. 31, 2008 | 44,096 | 10,609,154 | 15,750 | -11,875,470 | -1,206,470 |
| Beginning Balance, shares at Aug. 31, 2008 | 44,096,785 | ' | ' | ' | ' |
| Common stock issued for cash, shares | 1,600,000 | ' | ' | ' | ' |
| Common stock issued for cash, value | 1,600 | 14,400 | ' | ' | 16,000 |
| Common stock issued for settlement of debt, shares | 14,000,000 | ' | ' | ' | ' |
| Common stock issued for settlement of debt, value | 14,000 | 126,000 | ' | ' | 140,000 |
| Shares to be issued | ' | 30,000 | ' | ' | 30,000 |
| Net income (loss) for the period | ' | ' | ' | -154,585 | -154,585 |
| Ending Balance, amount at Aug. 31, 2009 | 59,696 | 10,779,554 | 15,750 | -12,030,055 | -1,175,055 |
| Ending Balance, shares at Aug. 31, 2009 | 59,696,785 | ' | ' | ' | ' |
| Common stock issued for cash, shares | 4,000,000 | ' | ' | ' | ' |
| Common stock issued for cash, value | 4,000 | 6,000 | ' | ' | 10,000 |
| Common stock issued for settlement of debt, shares | 3,350,000 | ' | ' | ' | ' |
| Common stock issued for settlement of debt, value | 3,350 | 30,150 | ' | ' | 33,500 |
| Net income (loss) for the period | ' | ' | ' | -213,860 | -213,860 |
| Ending Balance, amount at Aug. 31, 2010 | 67,046 | 10,815,704 | 15,750 | -12,243,915 | -1,345,415 |
| Ending Balance, shares at Aug. 31, 2010 | 67,046,785 | ' | ' | ' | ' |
| Donated services | ' | ' | 31,617 | ' | 31,617 |
| Common stock issued for settlement of debt, shares | 12,303,123 | ' | ' | ' | ' |
| Common stock issued for settlement of debt, value | 12,303 | 602,853 | ' | ' | 615,156 |
| Net income (loss) for the period | ' | ' | ' | -299,498 | -299,498 |
| Ending Balance, amount at Aug. 31, 2011 | 79,349 | 11,418,557 | 47,367 | -12,543,413 | -998,140 |
| Ending Balance, shares at Aug. 31, 2011 | 79,349,908 | ' | ' | ' | ' |
| Common stock issued for cash, shares | 12,237,075 | ' | ' | ' | ' |
| Common stock issued for cash, value | 12,237 | 966,752 | ' | ' | 978,989 |
| Donated services | ' | ' | 30,260 | ' | 30,260 |
| Common stock issued for settlement of debt, shares | 8,477,553 | ' | ' | ' | ' |
| Common stock issued for settlement of debt, value | 8,478 | 161,073 | ' | ' | 169,551 |
| Common stock issued for settlement of debt2, shares | 3,196,971 | 252,561 | ' | ' | 255,758 |
| Common stock issued for settlement of debt2, value | 3,197 | 252,561 | ' | ' | 255,758 |
| Stock option compensation expense | ' | 221,756 | ' | ' | 221,756 |
| Net income (loss) for the period | ' | ' | ' | -926,016 | -926,016 |
| Ending Balance, amount at Aug. 31, 2012 | 103,261 | 13,020,699 | 77,627 | -13,469,429 | -267,842 |
| Ending Balance, shares at Aug. 31, 2012 | 103,261,507 | ' | ' | ' | ' |
| Common stock issued for settlement of debt, shares | 15,000,000 | ' | ' | ' | ' |
| Common stock issued for settlement of debt, value | 15,000 | 60,000 | ' | ' | 75,000 |
| Net income (loss) for the period | ' | ' | ' | -143,626 | -143,626 |
| Ending Balance, amount at Aug. 31, 2013 | 118,261 | 13,080,699 | 77,627 | -13,613,055 | -336,468 |
| Ending Balance, shares at Aug. 31, 2013 | 118,261,507 | ' | ' | ' | ' |
| Common stock issued for settlement of debt, shares | 248,000,000 | ' | ' | ' | ' |
| Common stock issued for settlement of debt, value | 248,000 | ' | ' | ' | 248,000 |
| Extinguishment of liabilities with related party | ' | 50,430 | ' | ' | 50,430 |
| Net income (loss) for the period | ' | ' | ' | -532,876 | -532,876 |
| Ending Balance, amount at Nov. 30, 2013 | $366,261 | $13,131,129 | $77,627 | ($14,145,930) | ($570,913) |
| Ending Balance, shares at Nov. 30, 2013 | 366,261,507 | ' | ' | ' | ' |
Organization_Nature_of_Busines
| Organization, Nature of Business, Going Concern and Management's Plans | 3 Months Ended |
| Nov. 30, 2013 | |
| Notes | ' |
| Organization, Nature of Business, Going Concern and Management's Plans | ' |
| 1. Organization, Nature of Business, Going Concern and Management’s Plans | |
| Panex Resources Inc. (‘Panex” or the “Company”) was incorporated in the State of Nevada on May 28, 2004. The Company is considered to be an Exploration Stage Company. The Company’s principal business is the acquisition and exploration of mineral resources. | |
| Going concern and management’s plans: | |
| The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. Since its inception on May 28, 2004, the Company has not generated revenue and has incurred net losses. | |
| The Company incurred a net loss of $532,876 for the three months ended November 30, 2013, and a deficit accumulated during the exploration stage of $14,145,931 for the period May 28, 2004 (inception) through November 30, 2013. | |
| Accordingly, it has not generated cash flow from operations and has primarily relied upon advances from shareholders and proceeds from equity financings to fund its operations. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. | |
| The Company has no mineral property interests as of the date of this report. Certain mineral property interests are presently being considered, however it is too early to determine whether they may be considered appropriate for acquisition. | |
| During the next 12 months, management’s objective is to recapitalize Panex, continue to raise new capital and to seek new investment opportunities in the mineral sector. Management believes that its worldwide industry contacts will make it possible to identify and assess new projects for acquisition purposes. | |
| Panex is seeking a viable business opportunity through acquisition, merger or other suitable business combination method, with a focus on undervalued mineral properties for eventual acquisition. Panex intends to concentrate its acquisition efforts on mineral properties or mineral exploration businesses that management believes to be undervalued or that management believes may realize a substantial benefit from being publicly owned. Panex will continue to identify and assess undervalued mineral properties when capital raisings are completed. A small number of mineral properties are presently being reviewed, but it is too early to say whether they may be considered appropriate for acquisition. | |
| The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts or classification of liabilities that may result from the possible inability of the Company to continue as a going concern. |
Summary_of_Significant_Account
| Summary of Significant Accounting Policies | 3 Months Ended |
| Nov. 30, 2013 | |
| Notes | ' |
| Summary of Significant Accounting Policies | ' |
| 2. Summary of Significant Accounting Policies | |
| a. Basis of Preparation | |
| These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States (US GAAP). The Company’s fiscal year-end is August 31. | |
| b. Use of Estimates | |
| The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | |
| c. Basic and Diluted Net Income (Loss) Per Share | |
| Earnings (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding during the reporting period including common stock issued effective the date committed. Common stock issuable is considered outstanding as of the original approval date for the purposes of earnings per share computations. Diluted earnings (loss) per common share is computed by dividing net earnings (loss) by the sum of (a) the basic weighted average number of shares of common stock outstanding during the period and (b) additional shares that would have been issued and potentially dilutive securities. During the reporting periods the diluted earnings (loss) per share was equivalent to the basic earnings (loss) per share because all potentially dilutive securities were anti-dilutive due to the net losses incurred. Potentially dilutive securities consist of stock options outstanding at the end of the reporting period. | |
| d. Cash | |
| Cash includes deposits in banks, which are unrestricted as to withdrawal or use. | |
| e. Mineral Property and Exploration Costs | |
| The Company has been in the exploration stage since its formation on May 28, 2004 and has not realized any revenues from its planned operations. It has been primarily engaged in the acquisition and exploration of mining properties. Mineral property acquisition and exploration costs are expensed as incurred. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property are capitalized. Such costs will be amortized using the units-of-production method over the estimated life of the probable reserve. If mineral properties are subsequently abandoned or impaired, any capitalized costs will be charged to operations. | |
| f. Deferred Acquisition Costs | |
| The Company capitalizes deposits paid during the acquisition of equity interests as deferred acquisition costs. Deferred acquisition costs are recorded at cost and are included in the purchase price of the equity interest once the acquisition has been consummated. | |
| g. Fair Value Measurements | |
| Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date in the principal or most advantageous market. The Company uses a fair value hierarchy that has three levels of inputs, both observable and unobservable, with use of the lowest possible level of input to determine fair value. | |
| Level 1 - quoted prices (unadjusted) in active markets for identical assets or liabilities; | |
| Level 2 - observable inputs other than Level 1, quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, and model-derived prices whose inputs are observable or whose significant value drivers are observable; and | |
| Level 3 - assets and liabilities whose significant value drivers are unobservable. | |
| As of reporting period, the Company did not have any assets or liabilities that were measured at fair value on a recurring or non-recurring basis. | |
| Observable inputs are based on market data obtained from independent sources, while unobservable inputs are based on the Company’s market assumptions. Unobservable inputs require significant management judgment or estimation. In some cases, the inputs used to measure an asset or liability may fall into different levels of the fair value hierarchy. In those instances, the fair value measurement is required to be classified using the lowest level of input that is significant to the fair value measurement. Such determination requires significant management judgment. | |
| Financial instruments, which include cash, accounts payable, and loans and borrowings, were estimated to approximate their carrying values due to the immediate or short-term maturity of these financial instruments. The fair value of amounts due to related parties are not practical to estimate, due to the related party nature of the underlying transactions. The financial risk to the Company’s operations arises from fluctuations in foreign exchange rates and the degree of volatility of these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk. | |
| h. Income Taxes | |
| The Company recognizes deferred tax assets and liabilities for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their tax bases, as well as net operating losses. | |
| Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets or liabilities of a change in tax rates is recognized in the period in which the tax change occurs. A valuation allowance is provided to reduce the deferred tax assets to a level, that more likely than not, will be realized. | |
| Management does not believe that the Company has any unrecognized tax positions. The Company’s policy is to recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. | |
| i. Stock-Based Compensation | |
| The Company accounts for share-based payments under the fair value method of accounting for stock-based compensation consistent with US GAAP. Under the fair value method, stock-based compensation cost is measured at the grant date based on the fair value of the award using the Black-Sholes option pricing model and is recognized to expense on a straight-line basis over the requisite service period, which is generally the vesting period. Where upon grant the options vest immediately the stock-based costs are expensed immediately. | |
| j. Foreign Currency Translation and Transactions | |
| The Company’s functional and reporting currency is the United States dollar. Monetary assets and liabilities denominated in foreign currencies are translated into the United States dollar using the exchange rate prevailing at the balance sheet date. Gains and losses arising on settlement of foreign currency denominated transactions or balances are included in the determination of income. | |
| k. Concentration of Credit Risk | |
| The Company’s financial instruments that are exposed to concentration of credit risk consist of cash. The Company’s cash is in demand deposit accounts placed with federally insured financial institutions in Canada. | |
| l. Interim Financial Statements | |
| In the opinion of management, the accompanying unaudited condensed financial statements contain all adjustments which include only normal recurring adjustments, necessary to present fairly the Company’s financial position, results of operations and cash flows for the periods shown. The results of operations for such periods are not necessarily indicative of the results expected for a full year or for any future period. | |
| m. Recent Accounting Pronouncements | |
| Management has evaluated any recently issued accounting pronouncements to determine their applicability and does not believe that any of these pronouncements will have a significant impact on the Company’s financial statements. |
Stock_Options
| Stock Options | 3 Months Ended | ||||
| Nov. 30, 2013 | |||||
| Notes | ' | ||||
| Stock Options | ' | ||||
| 3. Stock Options | |||||
| In August 2012, the Company's Board of Directors approved the issuance of stock options as an incentive to obtain services of key employees, directors and consultants of the Company. The following is a summary of stock option activity and the status of stock options outstanding and exercisable as at reporting date: | |||||
| Stock Options | Weighted | Remaining | Aggregate | ||
| Average | Contractual Life | Intrinsic value | |||
| # | Exercise Price | (years) | |||
| $ | As At | As At | |||
| Outstanding and exercisable at August, 31, 2012 | 8,000,000 | 0.08 | 4.92 | - | |
| Granted during the fiscal year ended August 31, 2013 | - | - | - | - | |
| Forfeited during the fiscal year ended August 31, 2013 | -8,000,000 | 0.08 | 4.17 | - | |
| Outstanding and exercisable at August 31, 2013 | - | - | - | - | |
| Granted during the quarter ended November 30, 2013 | - | - | - | - | |
| Outstanding and exercisable at November 30, 2013 | - | - | - | - | |
| The aggregate intrinsic value in the table above represents the total pre-tax intrinsic value for all “in-the-money” options (i.e. the difference between the Company’s closing stock price on the last trading day of the reporting period and the exercise price, multiplied by the number of shares) that would have been received by the option holders had all option holders exercised their options. | |||||
| Effective August 3, 2012, the Company’s board of directors granted 8,000,000 stock purchase options. Each of the options has an issue date, effective date and vesting date of August 3, 2012, with an exercise price of $0.08 per share. The term of these options is five years. The options are exercisable at any time from the grant date up to and including August 2, 2017. All related compensation expense was recognized on August 31, 2012 as the options were vested in full on that date. | |||||
| On June 20, 2013, Panex reached an agreement with Klaus Eckhof and Ross Doyle to cancel all of their outstanding stock options with Panex. As a result of the cancellation of the 8,000,000 stock options, Panex currently has no outstanding stock options as at August 31, 2013. The Company previously expensed all compensation related to the stock options; accordingly the cancellation had no impact on earnings. | |||||
Related_Party_Transactions
| Related Party Transactions | 3 Months Ended |
| Nov. 30, 2013 | |
| Notes | ' |
| Related Party Transactions | ' |
| 4. Related Party Transactions | |
| a. During the quarter ended November 30, 2013, Coresco forgave money owing for an amount of $50,430, which is reported as an extinguishment of liabilities in the Statements of Stockholders’ Equity (Deficiency) (November 30, 2012: Nil). | |
| b. During November 2013, Ross Doyle, CFO, loaned the Company $50,000 as a short term unsecured bridge loan at an interest rate of 10% (November 30, 2012: Nil). | |
| c. The Company incurred $107,572 in total for management, exploration and contractor expenses during the three months ended November 30, 2013 (November 30, 2012: $34,403). This amount is a combination of exploration contracting services, the CEO, Non Executive Director and CFO of the Company. Total management fees for Coresco are contracted at 20,000 Swiss Francs per month and comprise office rental, infrastructure, investor meeting rooms, company secretarial services, CEO, CFO, Technical Services and Non Executive Director fees. This agreement was entered on December 1, 2011, and can be terminated with 6 months notice subsequent to December 31, 2012. As of November 30, 2013, the Company has an accrued liability of $126,654 for these services due to this related party (November 30, 2012: $21,538). | |
| d. On June 20, 2013, Panex reached an agreement with Klaus Eckhof and Ross Doyle to cancel all of their outstanding stock options with Panex. As a result of the cancellation of the 8 million stock options, Panex currently has no outstanding stock options as at November 30, 2013. |
Loans_and_Borrowings
| Loans and Borrowings | 3 Months Ended |
| Nov. 30, 2013 | |
| Notes | ' |
| Loans and Borrowings | ' |
| 5. Loans and Borrowings | |
| In March and July 2007, the Company received loan proceeds of $240,000 and $500,000 respectively from an unrelated third party. These loans were unsecured bearing interest at 8% per annum, with no fixed repayment date, but the understanding with the lender was that the loans will be repaid from the proceeds of future equity financings and/or the repayment of amounts lent to Minanca. On December 20, 2010, principal of $46,892 and interest of $15,751 was assigned to this third party. In December 31 2010, $267,072 of this loan as well as $200,310 of accrued interest on this loan was settled by the issue of 9,347,640 shares. In May 2012 this loan was settled in full for $560,000, resulting in a gain on extinguishment of $10,426, which is included within interest income and other for the year ended August 31, 2012. | |
| In January 2011, the Company received loan proceeds of $50,000, from an unrelated third party. This loan was unsecured, and had no stated interest rate. This amount was settled for issuance of 2,500,000 shares of common stock in February 2012. | |
| In September 2012, November 2012 and June 2013 the Company received loan proceeds of $75,000, $25,000 and $10,000 respectively (totalling $110,000), from an unrelated third party. The loan is unsecured, and had no stated interest rate. $75,000 of these funds received was used to pay aged outstanding accounts payable in December 2012. During November 2013, the Company entered into a debt settlement agreement with this unrelated third party in consideration for the issuance of the Company’s common stock, par value $0.001, at a per share price of $0.001 per share. As a result, the Company extinguished $110,000, for a total of 110,000,000 shares at a price of $0.001 per share. | |
| During November 2013, Ross Doyle loaned the Company $50,000 as a short term unsecured bridge loan at an interest rate of 10% (November 30, 2012: Nil). |
Material_Contingencies_and_Com
| Material Contingencies and Commitments | 3 Months Ended |
| Nov. 30, 2013 | |
| Notes | ' |
| Material Contingencies and Commitments | ' |
| 6. Material Contingencies and Commitments | |
| Panex has no material contingencies or long-term commitments. | |
| While Panex has raised capital to meet its working capital and financing needs in the past, additional financing is required in order to fully complete its plan of operation and launch its business operations. Panex is seeking financing in the form of equity in order to provide the necessary working capital. Panex currently has no commitments for financing. There are no assurances Panex will be completely successful in raising the funds required. |
Stockholders_Equity_Note
| Stockholders' Equity Note | 3 Months Ended |
| Nov. 30, 2013 | |
| Notes | ' |
| Stockholders' Equity Note | ' |
| 7. Stockholders’ Equity | |
| Common Stock | |
| Panex’s authorized capital stock consists of 500,000,000 shares of common stock at a par value of $0.001 per share. | |
| Stock cancellations and recapitalization: | |
| On May 25, 2006 and June 9, 2006, the Company completed the return and cancellation of 30,000,000 and 6,000,000 common shares to the treasury, respectively. The shares were returned by the former president of the Company. | |
| The net loss per share amounts and stockholders’ equity (deficit) have been retroactively restated (accounted for as a recapitalization) to reflect the return and cancellation of 36,000,000 common shares by the former president of the Company. | |
| Common stock issuances | |
| On May 28, 2004, the Company issued 6,000,000 shares of common stock to the then President of the Company for reimbursement of legal expenses of $500 incurred on behalf of the Company. | |
| On June 30, 2005, the Company issued 6,000,000 shares of common stock for cash proceeds of $25,000. | |
| On April 15, 2005, the Company issued 22,500,000 shares of common stock for cash proceeds of $18,750. | |
| On March 22, 2005 the Company issued 36,000,000 shares of common stock for cash proceeds of $3,000. | |
| On June 8, 2006, the Company completed a private placement with a director of the Company for 714,285 common shares at a price of $2.80 per share for proceeds of $2,000,000. | |
| On August 30, 2006, the Company completed a private placement of 1,250,000 units at a price of $2.00 per unit for proceeds of $2,500,000. | |
| Each unit consists of one common share and one common share purchase warrant. Each share purchase warrant entitles the holder to acquire one additional common share at an exercise price of $2.50 per share for a period of two years. All warrants expired unexercised on August 31, 2008. | |
| During November 2006, the Company completed private placements for 3,095,000 shares of restricted common stock at $0.80 per share, raising proceeds of $2,476,000. | |
| In January 2007 the Company completed two private placements for 3,187,500 shares of restricted common stock at $0.80 per share raising proceeds of $2,550,000. | |
| In February 2007 the Company completed two private placements for 1,350,000 shares of restricted common stock at $0.80 per share raising proceeds of $1,080,000. | |
| On February 28, 2009, the board of directors authorized the issuance of 14,100,000 restricted shares of common stock at a subscription price of $0.01 per restricted share, for cash proceeds of $16,000 and the settlement of $125,000 accrued liabilities and debt. The shares were issued on June 19, 2009. | |
| On May 29, 2009, the Company completed a private placement for 1,500,000 shares of restricted common stock at price of $0.01 per restricted share in exchange for the settlement of $15,000 debt. | |
| In October 2009, the Company issued 6,350,000 restricted shares of common stock at a subscription price of $0.01 per restricted share, for cash proceeds of $40,000 and the settlement of $23,500 in accrued liabilities and debt due to a related party. The cash was received in December 2008. | |
| In January 31 2010, the Company issued 1,000,000 restricted shares of common stock at a subscription price of $0.01 per restricted share, for the settlement of $10,000 in accrued liabilities and debt due to a related party. | |
| On December 20, 2010, the Company issued 2,955,483 restricted shares of common stock at a subscription price of $0.05 per share, for the settlement of $147,774 in accounts payable and accrued liabilities and issued 9,347,640 restricted shares of common stock at a subscription price of $0.05 per share for the settlement of loans and accrued interest totaling $467,382 from an unrelated third party. | |
| On June 15, 2012, the Securities and Exchange Commission declared Panex’s Form S-1 Registration Statement effective, file number 333-172375, permitting Panex to offer up to 30,000,000 shares of common stock at $0.08 per share. The offering was being conducted on a best efforts basis and there was no underwriter involved in this public offering. Through August 31, 2012, Panex received and accepted 22 subscription agreements and received an aggregate $978,989 in proceeds from those subscriptions and issued 12,237,075 shares of common stock. No further subscriptions were received and the offering was closed on December 12, 2012. Panex utilized the proceeds to ongoing operations, paying accounts payable, paying for offering expenses, assessing and evaluating possible new mineral project opportunities, and, subject to acquiring any such new projects, funding the exploration on such projects. | |
| Effective August 3, 2012, the Company’s board of directors granted 8,000,000 stock purchase options. Each of the options has an issue date, effective date and vesting date of August 3, 2012, with an exercise price of $0.08 per share. The term of these Options are five years. The Options are exercisable at any time from the grant date up to and including August 2, 2017. | |
| On April 11, 2013, the Company issued 15,000,000 restricted shares of common stock at a subscription price of $0.005 per share, for the settlement of $75,000 in accounts payable and accrued liabilities. | |
| On June 20, 2013, Panex reached an agreement with Klaus Eckhof and Ross Doyle to cancel all of their outstanding stock options with Panex. As a result of the cancellation of the 8,000,000 stock options, Panex currently has no outstanding stock options as at August 31, 2013. | |
| During November 2013, the Company entered into debt settlement agreements with creditors in consideration for the issuance of the Company’s common stock, par value $0.001, at a per share price of $0.001 per share. As a result, the Company extinguished certain liabilities with creditors via debt settlement agreements for a total of $248,000, for a total of 248,000,000 shares at a price of $0.001 per share. The $0.001 per share value is consistent with the cash per share value received by the Company in a November 2013 stock transaction (described below). | |
| Financing Activities: | |
| During November 2013, the Company entered into debt settlement agreements with creditors in consideration for the issuance of the Company’s common stock, par value $0.001, at a per share price of $0.001 per share. As a result, the Company extinguished certain liabilities with creditors via debt settlement agreements for a total of $248,000, for a total of 248,000,000 shares at a price of $0.001 per share. | |
| During November 2013, Ross Doyle loaned the Company $50,000 as a short term unsecured bridge loan at an interest rate of 10% (November 30, 2012: Nil). | |
| During November 2013, $278,400 was received in advance for subscriptions for 278,400,000 shares of common stock paid at $0.001 per share. In addition, 50,975,000 shares of common stock at $0.001 per share are agreed to be issued in consideration of settlement of liabilities of $50,975. These 329,375,000 shares have not been issued as at November 30, 2013. As of November 30, 2013, the Company did not have sufficient authorized common stock available for issuance to fulfill the subscriptions. Therefore, the transaction has been classified outside of equity, as a current liability. In November 2013, holders of a majority of shares of common stock approved a resolution to increase the number of authorized shares from 500,000,000 to 3,000,000,000. This resolution will be effective 21 days after appropriate disclosure to the shareholders. At that time the Company will be able to issue the common stock underlying the subscriptions and will be able to reclassify the amounts from current liabilities to equity. | |
| During April 2013, the Company entered into debt settlement agreements with creditors in consideration for the issuance of the Company’s common stock, par value $0.001, at a per share price of $0.005 per share. As a result, the Company extinguished certain liabilities as further set forth in the debt settlement agreements as follows: | |
| - Michel Muyiha, a creditor, for $75,000, for a total of 15,000,000 shares at a price of $0.005 per share. | |
| During March 2012, the Company entered into debt settlement agreements with creditors in consideration for the issuance of the Company’s common stock, par value $0.001, at a per share price of $0.08 per share. As a result, the Company extinguished certain liabilities as further set forth in the debt settlement agreements as follows: | |
| - Dr Georg Schnura, a creditor, for $175,758, for a total of 2,196,971 shares at a price of $0.08 per share. | |
| - Victor Dario, a creditor, for $80,000, for a total of 1,000,000 shares at a price of $0.08 per share. | |
| On February 24, 2012, the Company entered into debt settlement agreements with creditors and related parties in consideration for the issuance of the Company’s common stock, par value $0.001, at a per share price of $0.02 per share. As a result, the Company extinguished certain liabilities as further set forth in the debt settlement agreements as follows: | |
| - Ross Doyle, a related party for $39,551, for a total of 1,977,553 shares at a price of $0.02 per share. | |
| - Werte AG, a creditor, for $80,000, for a total of 4,000,000 shares at a price of $0.02 per share. | |
| - Lars Pearl, a creditor, for $50,000, for a total of 2,500,000 shares at a price of $0.02 per share. |
Subsequent_Events
| Subsequent Events | 3 Months Ended |
| Nov. 30, 2013 | |
| Notes | ' |
| Subsequent Events | ' |
| 8. Subsequent Events | |
| On December 7, 2013 the Company entered into an agreement to acquire 85% of Amani Consulting SPRL currently in Joint Venture with state entity La Société Minière de Kilo Moto (Sokimo). Upon completion of the acquisition the Company will own an ultimate 55% interest in Giro Goldfields SPRL (Giro). Amani has a 65% interest and Sokimo has a 35% free carried interest in Giro which is comprised of two exploitation permits, PE’s 5046 and 5049, covering a surface area of 610sqkm. The permits lie within 20-30km west of Randgold/Ashanti’s 20Moz Kibali gold deposits. | |
| The Giro Project is located within twenty-thirty kilometers to the west of Randgold Resources’ multi-million ounce Kibali Gold deposits. Randgold and partners Ashanti commenced first production in September 2013 and are expecting to produce 550,000oz of gold in 2014. Both projects occur within the Kilo-Moto Belt, one of the world’s principal greenstone belts which hosts Anglogold Ashanti’s deposits to the east, Loncore and Kilogold deposits to the south and 50Moz of gold discovered in Tanzania since 1994. The Giro Project area is underlain by highly prospective volcano-sedimentary lithologies in a similar structural and lithological setting as the Kibali gold deposits. Both primary and alluvial gold was mined from two main areas, the Giro and Tora areas, during Belgian rule and today these areas are mined extensively by artisanal miners. At Giro, a wide quartz vein with an average grade of 16g/t Au was mined within a shear potentially 2km long and 100m wide. Channel samples from the base of artisanal workings within the shear returned significant grades including 3.5m @ 36.6g/t Au and 8m @ 3.6g/t Au confirming the potential for significant grade and widths within the shear. Two Belgian pits located along a 4km west-east trending structure were mined at Tora. Historic focus was on high grade quartz veins which returned grades of of 0.8m @ 21.6g/t Au, 0.6m @ 37g/t Au and 0.35m @ 485g/t Au from Belgian drilling. The area has not been explored for over 50 years (since the Belgian colonial era) and has never been subjected to modern exploration. The Company is targeting broad mineralised shear structures with excellent potential to host multi-million ounce gold resources from surface from at least 5 target areas within the project. | |
| The acquisition terms are summarized as follows: | |
| 1. Two months after the successful conclusion of the due diligence (February 7, 2014), Panex will make a payment of US$100,000 to the current shareholders of Amani. Six months after the commencement date (June 7, 2014), Panex will pay a further $300,000 to the current shareholders of Amani. | |
| 2. On signing of a Share Purchase Agreement, Panex will issue 55% of the share capital in Panex to current partners of Amani. | |
| 3. Should Panex identify 3moz (measured and indicated) gold resources at a cut off grade of 2.5g/t, Panex will pay a further $5,350,000 to the current shareholders in Amani. | |
| 4. On successful completion of the due diligence, Panex will fund a 3,000m RC drilling programme to test the mineralised potential on the two main target areas mined previously by the Belgians on the Giro Project. | |
| 5. Panex may at its discretion withdraw from this agreement by written notice to Amani at any time without penalty. | |
| Otherwise than as disclosed above and within the financial statements there are no subsequent events. |
Summary_of_Significant_Account1
| Summary of Significant Accounting Policies: Basis of Preparation (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Policies | ' |
| Basis of Preparation | ' |
| a. Basis of Preparation | |
| These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States (US GAAP). The Company’s fiscal year-end is August 31. |
Summary_of_Significant_Account2
| Summary of Significant Accounting Policies: Use of Estimates (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Policies | ' |
| Use of Estimates | ' |
| b. Use of Estimates | |
| The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. |
Summary_of_Significant_Account3
| Summary of Significant Accounting Policies: Basic and Diluted Net Income (loss) Per Share (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Policies | ' |
| Basic and Diluted Net Income (loss) Per Share | ' |
| c. Basic and Diluted Net Income (Loss) Per Share | |
| Earnings (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding during the reporting period including common stock issued effective the date committed. Common stock issuable is considered outstanding as of the original approval date for the purposes of earnings per share computations. Diluted earnings (loss) per common share is computed by dividing net earnings (loss) by the sum of (a) the basic weighted average number of shares of common stock outstanding during the period and (b) additional shares that would have been issued and potentially dilutive securities. During the reporting periods the diluted earnings (loss) per share was equivalent to the basic earnings (loss) per share because all potentially dilutive securities were anti-dilutive due to the net losses incurred. Potentially dilutive securities consist of stock options outstanding at the end of the reporting period. |
Summary_of_Significant_Account4
| Summary of Significant Accounting Policies: Cash Policy (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Policies | ' |
| Cash Policy | ' |
| d. Cash | |
| Cash includes deposits in banks, which are unrestricted as to withdrawal or use. |
Summary_of_Significant_Account5
| Summary of Significant Accounting Policies: Mineral Property and Exploration Costs Policy (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Policies | ' |
| Mineral Property and Exploration Costs Policy | ' |
| e. Mineral Property and Exploration Costs | |
| The Company has been in the exploration stage since its formation on May 28, 2004 and has not realized any revenues from its planned operations. It has been primarily engaged in the acquisition and exploration of mining properties. Mineral property acquisition and exploration costs are expensed as incurred. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property are capitalized. Such costs will be amortized using the units-of-production method over the estimated life of the probable reserve. If mineral properties are subsequently abandoned or impaired, any capitalized costs will be charged to operations. |
Summary_of_Significant_Account6
| Summary of Significant Accounting Policies: Deferred Acquisition Costs (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Policies | ' |
| Deferred Acquisition Costs | ' |
| f. Deferred Acquisition Costs | |
| The Company capitalizes deposits paid during the acquisition of equity interests as deferred acquisition costs. Deferred acquisition costs are recorded at cost and are included in the purchase price of the equity interest once the acquisition has been consummated. |
Summary_of_Significant_Account7
| Summary of Significant Accounting Policies: Fair Value Measurements (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Policies | ' |
| Fair Value Measurements | ' |
| g. Fair Value Measurements | |
| Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date in the principal or most advantageous market. The Company uses a fair value hierarchy that has three levels of inputs, both observable and unobservable, with use of the lowest possible level of input to determine fair value. | |
| Level 1 - quoted prices (unadjusted) in active markets for identical assets or liabilities; | |
| Level 2 - observable inputs other than Level 1, quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, and model-derived prices whose inputs are observable or whose significant value drivers are observable; and | |
| Level 3 - assets and liabilities whose significant value drivers are unobservable. | |
| As of reporting period, the Company did not have any assets or liabilities that were measured at fair value on a recurring or non-recurring basis. | |
| Observable inputs are based on market data obtained from independent sources, while unobservable inputs are based on the Company’s market assumptions. Unobservable inputs require significant management judgment or estimation. In some cases, the inputs used to measure an asset or liability may fall into different levels of the fair value hierarchy. In those instances, the fair value measurement is required to be classified using the lowest level of input that is significant to the fair value measurement. Such determination requires significant management judgment. | |
| Financial instruments, which include cash, accounts payable, and loans and borrowings, were estimated to approximate their carrying values due to the immediate or short-term maturity of these financial instruments. The fair value of amounts due to related parties are not practical to estimate, due to the related party nature of the underlying transactions. The financial risk to the Company’s operations arises from fluctuations in foreign exchange rates and the degree of volatility of these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk. |
Summary_of_Significant_Account8
| Summary of Significant Accounting Policies: Income Tax Policy (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Policies | ' |
| Income Tax Policy | ' |
| h. Income Taxes | |
| The Company recognizes deferred tax assets and liabilities for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their tax bases, as well as net operating losses. | |
| Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets or liabilities of a change in tax rates is recognized in the period in which the tax change occurs. A valuation allowance is provided to reduce the deferred tax assets to a level, that more likely than not, will be realized. | |
| Management does not believe that the Company has any unrecognized tax positions. The Company’s policy is to recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. |
Summary_of_Significant_Account9
| Summary of Significant Accounting Policies: Stock-based Compensation Policy (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Policies | ' |
| Stock-based Compensation Policy | ' |
| i. Stock-Based Compensation | |
| The Company accounts for share-based payments under the fair value method of accounting for stock-based compensation consistent with US GAAP. Under the fair value method, stock-based compensation cost is measured at the grant date based on the fair value of the award using the Black-Sholes option pricing model and is recognized to expense on a straight-line basis over the requisite service period, which is generally the vesting period. Where upon grant the options vest immediately the stock-based costs are expensed immediately. |
Recovered_Sheet1
| Summary of Significant Accounting Policies: Foreign Currency Translation and Transactions (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Policies | ' |
| Foreign Currency Translation and Transactions | ' |
| j. Foreign Currency Translation and Transactions | |
| The Company’s functional and reporting currency is the United States dollar. Monetary assets and liabilities denominated in foreign currencies are translated into the United States dollar using the exchange rate prevailing at the balance sheet date. Gains and losses arising on settlement of foreign currency denominated transactions or balances are included in the determination of income. |
Recovered_Sheet2
| Summary of Significant Accounting Policies: Concentration of Credit Risk (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Policies | ' |
| Concentration of Credit Risk | ' |
| k. Concentration of Credit Risk | |
| The Company’s financial instruments that are exposed to concentration of credit risk consist of cash. The Company’s cash is in demand deposit accounts placed with federally insured financial institutions in Canada. |
Recovered_Sheet3
| Summary of Significant Accounting Policies: Interim Financial Statements (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Policies | ' |
| Interim Financial Statements | ' |
| l. Interim Financial Statements | |
| In the opinion of management, the accompanying unaudited condensed financial statements contain all adjustments which include only normal recurring adjustments, necessary to present fairly the Company’s financial position, results of operations and cash flows for the periods shown. The results of operations for such periods are not necessarily indicative of the results expected for a full year or for any future period. |
Recovered_Sheet4
| Summary of Significant Accounting Policies: Recent Accounting Pronouncements (Policies) | 3 Months Ended |
| Nov. 30, 2013 | |
| Policies | ' |
| Recent Accounting Pronouncements | ' |
| m. Recent Accounting Pronouncements | |
| Management has evaluated any recently issued accounting pronouncements to determine their applicability and does not believe that any of these pronouncements will have a significant impact on the Company’s financial statements. |
Stock_Options_Schedule_of_Shar
| Stock Options: Schedule of Share-based Compensation, Stock Options, Activity (Tables) | 3 Months Ended | ||||
| Nov. 30, 2013 | |||||
| Tables/Schedules | ' | ||||
| Schedule of Share-based Compensation, Stock Options, Activity | ' | ||||
| Stock Options | Weighted | Remaining | Aggregate | ||
| Average | Contractual Life | Intrinsic value | |||
| # | Exercise Price | (years) | |||
| $ | As At | As At | |||
| Outstanding and exercisable at August, 31, 2012 | 8,000,000 | 0.08 | 4.92 | - | |
| Granted during the fiscal year ended August 31, 2013 | - | - | - | - | |
| Forfeited during the fiscal year ended August 31, 2013 | -8,000,000 | 0.08 | 4.17 | - | |
| Outstanding and exercisable at August 31, 2013 | - | - | - | - | |
| Granted during the quarter ended November 30, 2013 | - | - | - | - | |
| Outstanding and exercisable at November 30, 2013 | - | - | - | - | |
Organization_Nature_of_Busines1
| Organization, Nature of Business, Going Concern and Management's Plans (Details) (USD $) | 3 Months Ended | |
| Nov. 30, 2013 | Aug. 31, 2013 | |
| Details | ' | ' |
| Net loss incurred | $532,876 | ' |
| Deficit accumulated during the exploration stage | $14,145,930 | $13,613,055 |
Stock_Options_Schedule_of_Shar1
| Stock Options: Schedule of Share-based Compensation, Stock Options, Activity (Details) (USD $) | 12 Months Ended | |
| Aug. 31, 2013 | Aug. 31, 2012 | |
| Details | ' | ' |
| Stock options outstanding | ' | 8,000,000 |
| Weighted average exercise price | ' | $0.08 |
| Remaining contractual life in years | ' | 4.92 |
| Options forfeited | -8,000,000 | ' |
| weighted average exercise price of options forfeited | $0.08 | ' |
Related_Party_Transactions_Det
| Related Party Transactions (Details) (USD $) | 3 Months Ended | 114 Months Ended | |
| Nov. 30, 2013 | Nov. 30, 2012 | Nov. 30, 2013 | |
| Details | ' | ' | ' |
| Extinguishment of liability | $50,430 | ' | $197,745 |
| Loan from related party | 50,000 | ' | 644,313 |
| Management, exploration and contractor expenses | 107,572 | 34,403 | ' |
| Accrued liability | $126,654 | $21,538 | $126,654 |
Loans_and_Borrowings_Details
| Loans and Borrowings (Details) (USD $) | 1 Months Ended | 12 Months Ended | |||||||||
| Nov. 30, 2013 | Jun. 30, 2013 | Nov. 30, 2012 | Sep. 30, 2012 | 31-May-12 | Feb. 29, 2012 | Jan. 31, 2011 | Dec. 31, 2010 | Jul. 31, 2007 | Mar. 31, 2007 | Aug. 31, 2012 | |
| Details | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Loan proceeds | $50,000 | $10,000 | $25,000 | $75,000 | ' | ' | $50,000 | ' | $500,000 | $240,000 | ' |
| Loan amount paid/settled | 110,000 | ' | ' | ' | 560,000 | ' | ' | 267,072 | ' | ' | ' |
| Interest amount paid/settled | ' | ' | ' | ' | ' | ' | ' | 200,310 | ' | ' | ' |
| Shares issued for debt settlement | 110,000,000 | ' | ' | ' | ' | 2,500,000 | ' | 9,347,640 | ' | ' | ' |
| Gain on extinguishment | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $10,426 |
Stockholders_Equity_Note_Detai
| Stockholders' Equity Note (Details) (USD $) | Nov. 30, 2013 | Aug. 31, 2013 | 27-May-04 | Jun. 30, 2005 | Apr. 15, 2005 | Mar. 22, 2005 | Feb. 28, 2007 | Jan. 31, 2007 | Nov. 30, 2006 | Jun. 08, 2006 | Aug. 31, 2006 | Aug. 30, 2006 | Oct. 31, 2009 | Jun. 19, 2009 | Nov. 30, 2013 | Apr. 11, 2013 | Dec. 20, 2010 | Jan. 31, 2010 | 29-May-09 | Dec. 20, 2010 | Aug. 31, 2012 | Jun. 20, 2013 | Aug. 03, 2012 | Nov. 30, 2013 | Mar. 31, 2013 | Mar. 31, 2013 | Feb. 24, 2012 | Feb. 24, 2012 | Feb. 24, 2012 | Aug. 31, 2004 | Aug. 31, 2005 |
| Common Stock for reimbursement of legal expenses | Common stock for cash proceeds | Common stock for cash proceeds | Common stock for cash proceeds | Private placement of common stock | Private placement of common stock | Private placement of common stock | Private placement of common stock | Private placement of units | Private placement of units | Common stock for cash and debt | Common stock for cash and debt | Common stock for debt settlement | Common stock for debt settlement | Common stock for debt settlement | Common stock for debt settlement | Common stock for debt settlement | Common stock for debt and interest settlement | Registration Statement | Stock purchase options | Stock purchase options | Advance for subscriptions | Debt settlement agreements - Schnura | Debt settlement agreements - Dario | Debt settlement agreements - Doyle | Debt settlement agreements - Werte AG | Debt settlement agreements - Pearl | Stock cancellations and recapitalization | Stock cancellations and recapitalization | |||
| Authorized capital stock | 500,000,000 | 500,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Common stock par value | $0.00 | $0.00 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Return and cancellation of common stock | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6,000,000 | 30,000,000 |
| Shares issued | ' | ' | 6,000,000 | 6,000,000 | 22,500,000 | 36,000,000 | 1,350,000 | 3,187,500 | 3,095,000 | 714,285 | ' | 1,250,000 | 6,350,000 | 14,100,000 | 248,000,000 | 15,000,000 | 2,955,483 | 1,000,000 | 1,500,000 | 9,347,640 | 12,237,075 | ' | ' | ' | 2,196,971 | 1,000,000 | 1,977,553 | 4,000,000 | 2,500,000 | ' | ' |
| Debt/expenses settled | ' | ' | $500 | ' | ' | ' | ' | ' | ' | ' | ' | ' | $23,500 | $125,000 | $248,000 | $75,000 | $147,774 | $10,000 | $15,000 | $467,382 | ' | ' | ' | ' | $175,758 | $80,000 | $39,551 | $80,000 | $50,000 | ' | ' |
| Proceeds | ' | ' | ' | 25,000 | 18,750 | 3,000 | 1,080,000 | 2,550,000 | 2,476,000 | 2,000,000 | ' | 2,500,000 | 40,000 | 16,000 | ' | ' | ' | ' | ' | ' | 978,989 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Price per share/unit | ' | ' | ' | ' | ' | ' | $0.80 | $0.80 | $0.80 | $2.80 | ' | $2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Description of units | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'Each unit consists of one common share and one common share purchase warrant. Each share purchase warrant entitles the holder to acquire one additional common share at an exercise price of $2.50 per share for a period of two years. All warrants expired unexercised on August 31, 2008. | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Options granted | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
| Exercise price per share | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0.08 | ' | ' | ' | ' | ' | ' | ' | ' |
| Options cancelled | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Advance for subscriptions | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 278,400 | ' | ' | ' | ' | ' | ' | ' |
| Settlement of liabilities for subscriptions | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $50,975 | ' | ' | ' | ' | ' | ' | ' |
| Common stock subscribed for but unissued | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 329,375,000 | ' | ' | ' | ' | ' | ' | ' |
Subsequent_Events_Details
| Subsequent Events (Details) (Amani Consulting SPRL) | Dec. 07, 2013 |
| Amani Consulting SPRL | ' |
| Percentage to be acquired | 85.00% |