Rimrock Gold (RMRK) 10-Q 20 Apr 15 2015 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Feb. 28, 2015	Apr. 20, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	28-Feb-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Entity Registrant Name	RIMROCK GOLD CORP.
Entity Central Index Key	1424455
Current Fiscal Year End Date	-23
Entity Filer Category	Smaller Reporting Company
Trading Symbol	RMRK
Entity Common Stock, Shares Outstanding		110,725,566

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Feb. 28, 2015	Aug. 31, 2014
Current assets
Cash	$1,586	$472
Prepaid and sundry	2,334	909
Total current assets	3,920	1,381
Non-current assets
Mining property claims [Note 6]	394,970	394,970
Equipment, net	1,878	612
Total assets	400,768	396,963
Current liabilities
Accounts payable and accrued liabilities	113,315	134,189
Short term advance [Note 7(a)]	50,000	50,000
Advances from a related party [Note 7(b)]	31,042	22,418
Convertible notes at fair value [Note 9]	391,117	241,864
Shares to be issued	4,740	4,740
Derivative liabilities [Note 10]	506	521
Total current liabilities	590,720	453,732
Going concern [Note 3]
Related party transactions [Note 8]
Contingencies and commitments [Note 13]
Subsequent events [Note 14]
Stockholders' deficiency
Preferred stock, $0.001 par value, 1,000,000 shares authorized, nil preferred shares outstanding at 28 February, 2015 and August 31, 2014, [Note 11]	0	0
Common stock, $0.001 par value, 1,900,000,000 shares authorized, 51,664,627 common shares outstanding as at 28 February, 2015 and 37,664,627 as at August 31, 2014, [Note 11]	51,665	37,665
Additional paid-in capital	4,069,935	3,803,935
Shares to be issued [Note 12]	80,000	0
Accumulated deficit	-4,391,552	-3,898,369
Total stockholders' deficiency	-189,952	-56,769
Total liabilities and stockholders' deficiency	$400,768	$396,963

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Feb. 28, 2015	Aug. 31, 2014
Preferred Stock, Par or Stated Value Per Share	$0.00	$0.00
Preferred Stock, Shares Authorized	1,000,000	1,000,000
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$0.00	$0.00
Common Stock, Shares Authorized	1,900,000,000	1,900,000,000
Common Stock, Shares, Outstanding	51,664,627	37,664,627

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)	3 Months Ended		6 Months Ended
	Feb. 28, 2015	Feb. 28, 2014	Feb. 28, 2015	Feb. 28, 2014
EXPENSES
Professional fees	$31,225	$92,992	$127,336	$327,092
Consulting fee [Note 11]	280,000	0	280,000	0
Day one interest expense on convertible notes [Note 9]	30,060	0	61,436	0
Changes in fair values of convertible notes and derivative [Note 10]	3,860	0	12,302	0
Mining property maintenance fee [Note 6]			7,085	7,584
Rent and occupancy costs	0	375	0	3,283
Office and general	2,232	2,979	4,835	9,871
Depreciation	154	43	189	86
Total operating expenses	347,531	96,389	493,183	347,916
Net loss from operations before income taxes	-347,531	-96,389	-493,183	-347,916
Income taxes	0	0	0	0
Net loss for the period	($347,531)	($96,389)	($493,183)	($347,916)
Loss per share, basic and diluted (in dollars per share)	($0.01)	$0	($0.01)	($0.01)
Weighted average number of common shares outstanding (in shares)	42,383,728	36,164,627	39,997,960	35,770,428

UNAUDITED_CONDENSED_CONSOLIDAT

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Feb. 28, 2015	Feb. 28, 2014
OPERATING ACTIVITIES
Net loss for the period	($493,183)	($347,916)
Items not affecting cash
Depreciation	189	86
Changes in fair values of convertible notes and derivative [Note 10]	12,302	0
Day one interest expense on convertible notes [Note 9]	61,436	0
Issuance of common stock for services	360,000	277,500
Change in prepaid and sundry	-1,425	5,596
Change in accounts payable and accrued liabilities	-20,874	43,597
Net cash used in operating activities	-81,555	-21,137
INVESTING ACTIVITIES
Acquisition of equipment	-1,455	0
Net cash used in investing activities	-1,455	0
FINANCING ACTIVITIES
Proceeds from convertible note payable	75,500	0
Advances from/(to) related parties	8,624	-19,927
Issue of common stock, net of issuance costs	0	4,740
Net cash provided by/(used in) financing activities	84,124	-15,187
Net decrease in cash during the period	1,114	-36,324
Cash, beginning of period	472	36,449
Cash, end of period	$1,586	$125

ORGANIZATION_AND_NATURE_OF_OPE

ORGANIZATION AND NATURE OF OPERATIONS	6 Months Ended
	Feb. 28, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]		1	ORGANIZATION AND NATURE OF OPERATIONS
	Rimrock Gold Corp. is a diversified mineral exploration company focused on identifying, acquiring, advancing, and drilling high-grade gold-silver exploration projects in Nevada.
	Rimrock Gold Corp., formerly Tucana Lithium Corp., Oteegee Innovations Inc. and Pay By The Day Holdings Inc., (the “Company” or “Rimrock”) was incorporated in August 2007 in the State of Nevada.   On January 24, 2013, the Company filed a certificate of amendment to amend the articles of incorporation with the Nevada Secretary of State changing the Company’s name to Rimrock Gold Corp.
	During October 2013, Rimrock Gold Corp., and its wholly owned subsidiary, Rimrock Mining Inc., closed a purchase agreement with RMIC Gold, a private Nevada company, to acquire an epithermal bonanza gold-silver property known as the Ivanhoe Creek Property. This transaction is a non-arms length transaction due to common ownership of a director. Ivanhoe Creek Property consists of 22 unpatented lode-mining claims (440 acres) situated in north-central Nevada. In consideration for the acquisition, the Company has agreed to issue 150,000 shares of the Company's common shares to RMIC Gold.  Any mineral production from Ivanhoe Creek Property is subject to Net Smelter Returns royalties of 1% due to RMIC Gold.
	The Company’s main exploration targets are for gold/silver deposits located in the State of Nevada.  The Company continues its plans to explore these properties.
	The Company operates Tucana Exploration Inc. and Rimrock Mining, Inc. as wholly owned subsidiaries.
	The Company operates under the web-site address www.rimrockgold.com.

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Feb. 28, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	2	BASIS OF PRESENTATION
	The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the SEC instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.  Operating results for the six months ended February 28, 2015 are not necessarily indicative of the results that may be expected for the year ending August 31, 2015.  For further information, refer to the consolidated financial statements and footnotes thereto included in the Company’s annual report on Form 10-K for the year ended August 31, 2014.
	The accompanying unaudited interim condensed consolidated financial statements of the Company include the accounts of Rimrock Gold Corp. and its wholly owned subsidiaries. Inter-company balances and transactions have been eliminated upon consolidation.

GOING_CONCERN

GOING CONCERN	6 Months Ended
	Feb. 28, 2015
Going Concern Abstract [Abstract]
Going Concern Disclosure [Text Block]	3	GOING CONCERN
	These consolidated financial statements have been prepared assuming the Company will continue on a going concern basis. The Company has incurred losses during the six months amounting to $493,183 and has accumulated deficit of $4,391,552 as at February 28, 2015. The ability of the Company to continue as a going-concern depends upon its ability to develop profitable operations and to continue to raise adequate financing. Management is actively targeting sources of additional financing to provide continuation of the Company’s operations. In order for the Company to meet its liabilities as they come due and to continue its operations, the Company is solely dependent upon its ability to generate such financing. The Company is actively seeking financing to fully execute the next phase of the Company’s exploration campaign and future acquisitions. Any capital raised will be through either a private placement or a convertible debenture and will result in the issuance of common shares from the Company’s authorized capital.   The Company believes it can satisfy minimum cash requirements for the next twelve months with either an equity financing, convertible debenture or if needed, loans from shareholders.
	There can be no assurance that the Company will be able to continue to raise funds, in which case the Company may be unable to meet its obligations. Should the Company be unable to realize its assets and discharge its liabilities in the normal course of business, the net realizable value of its assets may be materially less than the amounts recorded in these unaudited interim condensed consolidated financial statements.
	The unaudited interim condensed consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue in existence.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Feb. 28, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	4	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	The accounting policies of the Company are in accordance with accounting principles generally accepted in the United States of America.  Presented below are those policies considered particularly significant:
	Exploration Stage Company
	The Company is an exploration stage company.  The Company is still devoting substantially all of its efforts on establishing the business.  All losses accumulated, since inception, have been considered as part of the Company’s exploration stage activities.
	Convertible notes
	The Company accounts for conversion options embedded in convertible notes in accordance with ASC 815. ASC 815 generally requires companies to bifurcate conversion options embedded in convertible notes from their host instruments and to account for them as free standing derivative financial instruments. ASC 815 provides for an exception to this rule when convertible notes, as host instruments, are deemed to be conventional, as defined by ASC 815-40.
	The Company accounts for convertible notes deemed conventional and conversion options embedded in non-conventional convertible notes which qualify as equity under ASC 815, in accordance with the provisions of ASC 470-20, which provides guidance on accounting for convertible securities with beneficial conversion features. Accordingly, the Company records, as a discount to convertible notes, the intrinsic value of such conversion options based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt.
	Mineral Properties and Exploration and Development Costs
	The costs of acquiring mineral rights are capitalized at the date of acquisition. After acquisition, various factors can affect the recoverability of the capitalized costs. If, after review, management concludes that the carrying amount of a mineral property is impaired, it will be written down to estimated fair value. Exploration and pre-extraction expenditures incurred on mineral properties are expensed as incurred until such time the Company exits the Exploration Stage by establishing proven or probable reserves, as defined by the SEC under Industry Guide 7, through the completion of a “final” or “bankable” feasibility study. Development costs incurred on proven and probable reserves will be capitalized. Upon commencement of production, capitalized costs will be amortized using the unit-of-production method over the estimated life of the ore body based on proven and probable reserves (which exclude non-recoverable reserves and anticipated processing losses). When the Company receives an option payment related to a property, the proceeds of the payment are applied to reduce the carrying value of the exploration asset. Under Industry Guide 7, the Company does not have proven or probable reserves.

RECENT_ACCOUNTING_PRONOUNCEMEN

RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Feb. 28, 2015
Accounting Policies [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	5.        RECENT ACCOUNTING PRONOUNCEMENTS
	Recently Issued Accounting Standards
	From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board (FASB) or other standard setting bodies that are adopted by the Company as of the specified effective date.
	In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements – Going Concern, which will require an entity’s management to assess, for each annual and interim period, whether there is substantial doubt about the entity’s ability to continue as a going concern within one year of the financial statement issuance date. The definition of substantial doubt within the new standard incorporates a likelihood threshold of “probable” similar to the use of that term under current GAAP for loss contingencies. Certain disclosures will be required if conditions give rise to substantial doubt. The guidance will be effective for the Company beginning with fiscal year 2017. Early adoption is permitted. The Company is currently evaluating the impact that this amended guidance will have on its consolidated financial statements and related disclosures.
	In April 2014, the FASB issued ASU 2014-08, "Presentation of Financial Statements and Property, Plant, and Equipment - Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity'', which revises what qualifies as a discontinued operation, changes the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. This ASU will be effective for the Company for applicable transactions occurring after October 1, 2015. The Company will prospectively apply the guidance to applicable transactions.
	On April 7, 2015, the FASB issued Accounting Standards Update (ASU) No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts and the accounting for debt issue costs under IFRS. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. The amendments in this Update apply to all companies. They become effective for public business entities in the annual period ending after December 15, 2015, and interim periods within those fiscal years, with early application permitted. The Company is currently evaluating the impact of this accounting standard.
	Recently Adopted Accounting Standards
	In June 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-10, “Development Stage Entities”. The amendments in this update remove the definition of a development stage entity from the Master Glossary of the ASC thereby removing the financial reporting distinction between development stage entities and other reporting entities from U.S. GAAP.  In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information in the statements of income, cash flows, and shareholder equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage.
	The early adoption of ASU 2014-10 is permitted which removed the development stage entity financial reporting requirements from the Company. The Company adopted the new requirements in its financial reporting effective from September 1, 2014.

MINERAL_PROPERTY_CLAIMS

MINERAL PROPERTY CLAIMS	6 Months Ended
	Feb. 28, 2015
Mineral Industries Disclosures [Abstract]
Mineral Industries Disclosures [Text Block]	6.        MINERAL PROPERTY CLAIMS
	As of February 28, 2015, the Company had Gold Properties in Nevada.  These mineral properties are acquired through purchase or lease agreements and are subject to varying royalty interests and lease payments.  During the six months ended February 28, 2015, maintenance payments of $7,085 (six months ended February 28, 2014 – $7,584) were required to maintain these mineral properties.
	Mineral property claims acquisition costs consist of the following:
		February		August 31,
		28, 2015		2014
	Rimrock Property, West Silver Cloud and Pony Spur (a)	$	74,970	$	74,970
	Silver Cloud Property (b)	$	305,000	$	305,000
	Ivanhoe Creek Property (c)	$	15,000	$	15,000
		$	394,970	$	394,970
	a.       Rimrock Property, West Silver Cloud and Pony Spur
	On February 11, 2013, the Company acquired interests in three prospective gold exploration properties known as the Rimrock Property, West Silver Cloud and Pony Spur, located in northeast Nevada.  The Acquired Properties (defined below) are comprised of almost 2,000 acres of land and are located on or in close proximity to the Carlin Trend and Midas Trend.
	The Company acquired these interests through the issuance of 17,800,000 shares of its common stock in exchange for 100% of the shares in Rimrock Mining, Inc., a Nevada corporation.  Any mineral production from the Rimrock, West Silver Cloud, and Pony Spur Properties is subject to Net Smelter Returns royalties of 3%. Rimrock Mining, Inc. holds the interests in the properties and otherwise has nominal net assets.  In accordance with the guidance provided in ASC 805-50-30-5, the transaction has been accounted for as “Transactions between Entities under Common Control”. The acquired properties were recorded based on the carrying amounts in the accounts of the transferring entity at the date of transfer.  In addition, the Company issued 2,000,000 shares of its common stock to a consultant and paid legal charges amounting to $52,117 in connection with the transaction.  These costs were expensed in the period incurred.
	b.        Silver Cloud Property
	On May 3, 2013, the Company entered into a purchase agreement (the “Purchase Agreement”) to acquire an exploration epithermal bonanaza gold-silver property in Nevada, known as the Silver Cloud Property.  Pursuant to the Purchase Agreement, the Company acquired from Geologix a one hundred percent (100%) interest in and to: (i) the Mining Claims that compress 552 unpatented mining claims totaling 11,210 acres, and (ii) the Pescio Lease dated June 1, 1999 between Teck Resources Inc., and Carl Pescio and Janet Pescio, which requires that the Company pays $50,000 to the Pescio family annually. The lease term is to June 30, 2023 with option to extend the lease term for three subsequent ten years terms.
	In consideration for the Mining Claims and the Pescio Lease, the Company shall issue to Geologix 500,000 shares of the Company’s common stock (the “Rimrock Shares”) comprised of 400,000 shares to Geologix and 100,000 shares Geologix is required to assign to Teck Resources Inc.  In addition, if the Company delineates more than two million ounces of gold in proven and probable reserves on the Mining Claims, then the Company will issue a further 250,000 common shares of the Company to Geologix.  Any mineral production from the Silver Cloud Property is subject to net smelter return royalties of 2% due to Royal Gold Inc. and 3% to the underlying claim owners.    These 500,000 shares were issued during the quarter ended August 31, 2013.  The acquired properties were recorded based on the fair value of the Company’s shares of common stock to be issued, which was determined based on a recent private placement transaction adjusted for the fair value of warrants issued under that transaction.
	The Company issued 1,000,000 shares of its common stock to a consultant and paid legal charges of $30,000 in connection with the transaction.  The total transaction costs of $180,000 have been included in the cost of the assets acquired.
	c.        Ivanhoe Creek Property
	During October 2013, the Company closed a purchase agreement with RMIC Gold to acquire an epithermal bonanza gold-silver property in Nevada known as the Ivanhoe Creek Property.  RMIC Gold is a private Nevada company controlled by Richard R. Redfern, who is a director of the Company and this is a non-arm’s length transaction. Pursuant to the Purchase Agreement, the Company acquired from RMIC Gold a one hundred percent (100%) interest in and to certain properties that compress 22 unpatented mining claims totaling 440 acres.  In consideration for the acquisition, the Company issued 150,000 shares of the Company's common shares to RMIC Gold.  Any mineral production from Ivanhoe Creek Property is subject to Net Smelter Returns royalties of 1% due to RMIC Gold.  The acquired property was valued by the fair value of the Company's share of common stock issued, which was based on a recent private placement transaction.
	The Nevada claims are located on Federal land administered by the Bureau of Land Management (BLM). In order for the Company to maintain and hold its Nevada claims the Company is required to pay the BLM fees totaling $105,000 per year due every August 31. In addition, the Company is required to pay Elko County fees in totaling $7,100 per year due every October 31.

ADVANCES

ADVANCES	6 Months Ended
	Feb. 28, 2015
Advances [Abstract]
Advances [Text Block]	7.        ADVANCES
	a.	Short term advance
	This is a short-term bridge loan from a non-related party and will be repaid and borrowed frequently based on the Company’s operation requirement. The amount is non-interest bearing, unsecured and due on demand.
	b.	Advances from a related party
	These advances are from a shareholder of the Company. The amount is non-interest bearing, unsecured and due on demand. The carrying value of the advances approximates the market value due to the short-term maturity of the financial instruments.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Feb. 28, 2015
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	8.        RELATED PARTY TRANSACTIONS
	The transactions with related parties were in the normal course of operations and were measured at the exchange value which represented the amount of consideration established and agreed to by the parties.
	Consulting fees paid to Mr. Starkman (President and Chairman) for the six months ended February 28, 2015 was $nil (six months ended February 28, 2014 – $  2,622).
	Amounts due to a related party as at February 28, 2015 was $31,042 (August 31, 2014: $22,418) in connection with the reimbursement of expenses. These expenses have already been included in the statements of operations.
	Pursuant to the Agreement signed between the Company and Uptick Capital LLC (related party by virtue of common directorship), both the parties agreed to make the following changes to the agreement dated March 1, 2013.
	As of March 30, 2014 the agreement was deferred until January 1, 2015 on which date the Company was to make a one-time lump sum payment to Uptick Capital of 2.5 million shares for consulting services and thereafter beginning February 1, 2015 Renewal Payments from the agreement were to be changed to 750,000 shares per quarter from 250,000 per month paid in advance of the said period.
	The agreement was terminated in February 2015 and a final block of 4 million shares were issued in March 2015.
	On February 2, 2015, the Company entered into Employment Contracts with Jordan Starkman and Richard R. Redfern. As one of the considerations under the contract, the Company issued 7 million shares of par value $0.001 common stock each to Jordan Starkman and Richard R. Redfern. These shares were valued at fair value as at that date which was $280,000.

CONVERTIBLE_NOTE_AT_FAIR_VALUE

CONVERTIBLE NOTE AT FAIR VALUE	6 Months Ended
	Feb. 28, 2015
Debt Disclosure [Abstract]
Convertible Note Payable At Fair Value Disclosure [Text Block]	9.        CONVERTIBLE NOTE AT FAIR VALUE
	As of February 28, 2015, the estimated fair value of our convertible promissory notes and warrants is as follows:
	Convertible Notes and Warrants	Fair Value		Fair Value
		Issuance or		February 28,
		August 31, 2014		2015
	Redwood Funds Convertible Note - $100,000	$	107,215	$	121,284
	KBM Convertible Note #1 (issued 8/25/14) - $88,500	$	134,649	$	129,440
	KBM Convertible Note #2 (issued 10/1/14) - $42,500		-	$	76,535
	KBM Convertible Note #3 (issued 12/30/14) - $33,000		-	$	63,858
	Total	$	241,864	$	391,117
	Redwood Funds Warrants – 100,000 shares	$	521	$	506
	Redwood Fund Convertible Note and Warrants
	On April 14, 2014, the Company issued a $100,000 12% convertible note with a term to October 14, 2014 (the “Maturity Date”) to Redwood Fund (the “Holder”). The principal amount of the note and interest is payable on the maturity date. The note is convertible into common stock beginning six months after the issuance date, at the holder’s option, at a fixed conversion price of $0.075% per share. The conversion price provides for down-round protection in the event any subsequent equity sales are issued at a lower conversion price. The Company has the option to prepay all or any portion of the purchase price; however, the prepayment amount must be 110% of the principal amount to be prepaid together with all accrued but unpaid interest. The terms of the convertible note provide for certain redemption features which include features indexed to equity risks. In the event of default, the amount of principal and interest not paid when due bear interest at the rate of 20% per annum and the note becomes immediately due and payable.
	In connection with the issuance of the convertible note, the Company also issued detachable warrants to Redwood Fund indexed to 100,000 shares of the Company’s common stock. The exercise price of the warrants is $0.10 per share. The term to expiration for the warrants is five years. The exercise price provides for down-round protection in the event any subsequent equity sales are issued at a lower conversion price.
	On September 30, 2014, the holders of the Redwood Note and Warrants amended the Notes conversion price to $0.03; extended the Note maturity date by 6 months; and revised the Warrants exercise price to $0.04.
	The Company has evaluated the terms and conditions of the convertible note and warrants under the guidance of ASC 815. The conversion feature did not meet the definition of “indexed to a company’s own stock” provided for in ASC 815 due to the down round protection feature. Therefore, the conversion feature requires bifurcation and liability classification. Additionally, the default put requires bifurcation because it is indexed to risks that are not associated with credit or interest risk. As a result, the compound embedded derivative comprises of (i) the embedded conversion feature and (i) the default put. Rather than bifurcating and recording the compound embedded derivative as a derivative liability, the Company elected to initially and subsequently measure the convertible note in its entirety at fair value, with changes in fair value recognized in earnings in accordance with ASC 815-15-25-4. Additionally, the warrants did not meet the definition of “indexed to a company’s own stock” provided for in ASC 815 due to the down round protection feature. As a result, the warrants require liability classification.
	KBM Worldwide Convertible Notes
	On August 29, 2014, the Company completed an offering by entering into a Securities Purchase Agreement (the “Securities Purchase Agreement”), dated August 25, 2014, with KBM Worldwide, Inc., a New York corporation (the “Holder”) for an aggregate principal amount of $88,500 (the “Purchase Price”) in the form of a convertible promissory note (“KBM Note #1”). On October 21, 2014, the Company completed an offering by entering into a Securities Purchase Agreement, dated October 1, 2014, with KBM Worldwide for an aggregate principal amount of $42,500 in the form of a convertible promissory note (“KBM Note #2”). On December 30, 2014, the Company completed an offering by entering into a Securities Purchase Agreement with KBM Worldwide for an aggregate principal amount of $33,500 in the form of a convertible promissory note (“KBM Note #3”).
	The KBM Notes earns an interest rate equal to 8% per annum and matures on May 27, 2015; July 3, 2015; and October 2, 2015. This Note may not be prepaid in whole or in part except as otherwise explicitly set forth therein. Any amount of principal or interest on this KBM Note which is not paid when due shall bear interest at the rate of 22% per annum from the due date thereof until the same is paid (“Default Interest”).
	The KBM Notes are convertible any time after 180 days after issuance, and the Purchaser has the right to convert the KBM Note into shares of the Company’s common stock at a conversion price (the “Conversion Price”) equal to 58% multiplied by the Market Price (closing bid) (representing a discount rate of 42%). “Market Price” means the average of the lowest three (3) trading prices for the common stock during the twenty (20) trading day period ending on the latest complete trading day prior to the conversion date. The Conversion Price is subject to adjustment in the case of stock splits, stock dividends, combinations of shares and similar recapitalization transactions and any issuances of securities below the Conversion Price (a full ratchet reset).
	In addition, in no event the Purchaser may convert the shares into common stock if the Purchaser’s total number of shares beneficially held at that time would exceed 9.99% of the number of shares of the Company’s common stock. The Investor Note conversion price and Warrants exercise price is subject to adjustments with dilutive and full reset provisions. The embedded reset feature, conversion feature, and redemption provisions in the Note should be accounted for as a derivative liability based on guidance in ASC 820 and ASC 815.
	The following table reflects the allocation of the KBM Note #3 purchase on the financing date December 30, 2014:
	KBM Convertible Note	Note
		Allocation/Costs
	Proceeds	$	33,000
	Convertible promissory notes		33,000
	Fair Value at Issuance (including derivative value)		63,060
	Day One Excess value interest expense		30,060
	The following table reflects the total Day One Excess value interest expense booked in the six months ended February 28, 2015:
	Day One Excess value interest expense – Q2	$	30,060
	Day One Excess value interest expense – Q1		31,376
	Total for the six months ended February 28, 2015	$	61,436
	Fair Value Considerations
	ASC 820 Fair Value Measurements and Disclosures (“ASC 820”), defines fair value, establishes a framework for measuring fair value and enhances disclosures about fair value measurements. It defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.
	The standard describes three levels of inputs that August be used to measure fair value:
	Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities.
	Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities that are not active; and model-driven valuations whose inputs are observable or whose significant value drivers are observable. Valuations August be obtained from, or corroborated by, third-party pricing services.
	Level 3: Unobservable inputs to measure fair value of assets and liabilities for which there is little, if any market activity at the measurement date, using reasonable inputs and assumptions based upon the best information at the time, to the extent that inputs are available without undue cost and effort.
	The Company follows the provisions of ASC 820 with respect to its financial instruments. As required by ASC 820, assets and liabilities measured at fair value are classified in their entirety based on the lowest level of input that is significant to their fair value measurement. The Company’s convertible promissory notes which are required to be measured at fair value on a recurring basis under of ASC 815 as of February 28, 2015 are all measured at fair value using Level 3 inputs. Level 3 inputs are unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities as of February 28, 2015.
				Fair Value Measurements Using:
		Fair Value		Quoted Prices		Significant		Significant
				in Active		Other		Unobservable
				Markets		Observable		Inputs
				(Level 1)		Inputs		(Level 3)
						(Level 2)
	Convertible Notes	$	391,117	$	-	$	-	$	391,117
	Derivative Warrants		506						506
	Totals	$	391,623	$	-	$	-	$	391,623
	Our financial instruments consist of cash and cash equivalents, accounts payable, accrued liabilities, convertible notes payable, notes payable, and warrant liability. It is management’s opinion that we are not exposed to significant interest, currency or credit risks arising from these financial instruments. With the exception of the warrant liability, the fair value of these financial instruments approximates their carrying values based on their short maturities or for long-term debt based on borrowing rates currently available to us for loans with similar terms and maturities. Gains and losses recognized on changes in estimated fair value of the derivative liability are reported in other income (expense) as gain (loss) on change in fair value.
	The Company values its derivative instruments related to embedded derivative features and warrants from the issuance of convertible debentures using Level 3 fair value inputs.

DERIVATIVE_LIABILITIES

DERIVATIVE LIABILITIES	6 Months Ended
	Feb. 28, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	10.        DERIVATIVE LIABILITIES
	The Company evaluated the conversion feature embedded in the convertible notes to determine if such conversion feature should be bifurcated from its host instrument and accounted for as a freestanding derivative. Due to the note not meeting the definition of a conventional debt instrument because it contained a diluted issuance provision, the convertible notes were accounted for in accordance with ASC 815. According to ASC 815, the derivatives associated with the convertible notes were recognized as a discount to the debt instrument, and the discount is being amortized over the life of the note and any excess of the derivative value over the note payable value is recognized as additional expense at issuance date.
	Further, and in accordance with ASC 815, the embedded derivatives are revalued at each balance sheet date and marked to fair value with the corresponding adjustment as a “gain or loss on change in fair values” in the consolidated statement of operations.  As of November 30, 2014, the fair value of the notes and warrants included on the accompanying consolidated balance sheet was $324,703.  During the three months period ended February 28, 2015, the Company recognized a gain on change in fair value totaling $3,860.
	Key assumptions used in the valuation of the convertible notes for each of the valuation dates were as follows:
	Note Holder	Valuation		Term			Volatility			Risk
		Date								Adjusted
										Rate
	KBM Worldwide - 3	12/30/14			0.76			204	%		9.68	%
	Redwood Fund - 1	2/28/15			0.25			301	%		9.58	%
	KBM Worldwide - 1	2/28/15			0.24			289	%		9.58	%
	KBM Worldwide - 2	2/28/15			0.34			283	%		9.58	%
	KBM Worldwide - 3	2/28/15			0.59			241	%		9.58	%
	Key assumptions used in the valuation of the warrants for each of the valuation dates were as follows:
	Warrant Holder	Valuation		Term			Volatility			Risk Free Rate
		Date
	Redwood Fund - 1	2/28/15			4.12			199	%		0.88	%
	The Company classifies the fair value of these securities under level three of the fair value hierarchy of financial instruments. The fair value of the derivative liability was calculated using a multi-nomial lattice model that values the compound embedded derivatives based on a probability weighted discounted cash flow model. This model is based on future projections of the various potential outcomes. The fair values including the embedded derivatives that were analyzed and incorporated into the model included the conversion feature with the full ratchet reset and dilutive reset, and the redemption options.
	Level 3 –	Balance at			New			Settlements		Change in			Balance at
		November 30,			Issuances					Fair Values			February 28,
		2014											2015
	Fair Values from:
	Convertible Notes	$	324,021		$	63,060			-	$	4,036		$	391,117
	Warrants	$	682		$	-			-	$	-176		$	506
		$	324,703		$	63,060				$	3,860		$	391,623
	Amount charged in the three months ended November 30, 2014									$	8,442
	Total for the six months ended February 28, 2015									$	12,302
	Changes in the unobservable input values would likely cause material changes in the fair value of the Company’s Level 3 financial instruments.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Feb. 28, 2015
Equity [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	11.       STOCKHOLDERS’ EQUITY
	PREFERRED STOCK
	Pursuant to a Board of Directors resolution dated January 28, 2015 and subsequent amendment to the Company’s Articles of Incorporation,  the Company is authorized to issue 1,000,000 shares of preferred stock with a par value of $0.001, out of which 500,000 shares are designated as “Series A Super Voting Preferred Stock” with each share of Series A preferred stock entitled to 10,000 votes for every one vote a share of common stock is entitled to.
	No shares of preferred stock were issued or outstanding as of February 28, 2015 and August 31, 2014.
	COMMON STOCK
	On January 28, 2015, the Company’s Board of Directors approved the amendment to Articles of Incorporation to increase authorized capital to 1,900,000,000 shares of common stock with a par value of $0.001.
	On February 2, 2015, the Company issued 7,000,000 shares each to Jordan Starkman and Richard R. Redfern, as a consideration for services in accordance with agreements dated February 2, 2015. These shares are valued at $280,000 based on the fair value of the shares on the date of issuance.
	At February 28, 2015, there were 51,664,627 shares of common stock issued and outstanding (August 31, 2014 - 37,664,627).

SHARES_TO_BE_ISSUED

SHARES TO BE ISSUED	6 Months Ended
	Feb. 28, 2015
Equity [Abstract]
Shares To Be Issued [Text Block]	12. SHARES TO BE ISSUED
	Pursuant to a consulting agreement entered into on September 1, 2014 with Makmo Trading Corp., the Company has agreed to issue to Makmo Trading Corp., 2,000,000 shares of its common stock valued at $80,000, such value being the fair value of the shares of common stock on the date of issuance. The Company recorded this amount as a consulting expense during the six months ended February 28, 2015.

CONTINGENCIES_AND_COMMITMENTS

CONTINGENCIES AND COMMITMENTS	6 Months Ended
	Feb. 28, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	13. CONTINGENCIES AND COMMITMENTS
	The Company is committed under lease agreements for the exclusive right to explore, develop and mine on the Silver Cloud Property. The minimum annual future lease payments are $50,000 until year 2023 with total commitments of $500,000. The Nevada claims are located on Federal land administered by the Bureau of Land Management (BLM). In order for the Company to maintain and hold its Nevada claims the Company is required to pay the BLM fees totaling $105,000 per year due every August 31. In addition, the Company is required to pay Elko County fees in totaling $7,100 per year due every October 31.
	In accordance with the Abigail Purchase Agreement, the Company will also owe to the selling group of the Abigail Property the following contingent payments:
		·	After spending a total amount of $2,500,000 on the property, $250,000 and an additional 125,000 shares of the Company’s common stock shall be delivered to the selling group.
		·	After spending a total amount of $5,000,000 on the property, a further $250,000 and 125,000 shares of the Company’s common stock shall be delivered to the selling group.
		·	If a feasibility study is put in place an additional $250,000 and 125,000 shares of the Company’s common stock shall be delivered to the selling group.
		·	If a bankable feasibility is put in place a further $500,000 and 250,000 shares of the Company’s common stock shall be delivered to the selling group.
	In accordance with the Lac Kame and EM-1 Purchase Agreement, the Company will also owe to the selling group of the properties the following contingent payments:
		·	After spending a total amount of $1,000,000 on the property, $50,000 and an additional 125,000 shares of the Company’s common stock shall be delivered to the selling group.
		·	After spending a total amount of $2,500,000 on the property, a further $100,000 and 250,000 shares of the Company’s common stock shall be delivered to the selling group.
		·	After spending a total amount of $5,000,000 on the property, a further $150,000 and 125,000 shares of the Company’s common stock shall be delivered to the selling group.
	If the Company reaches commercial production, it is also subject to a 3% net smelter returns royalty payable to the selling groups in the Abigail Purchase Agreement and the Lac Kame EM-1 Purchase Agreement.
	In accordance with the Rimrock, West Silver Cloud and Pony Spur Property purchase agreement, any mineral production these properties is subject to net smelter return royalties of 3%.
	In accordance with the Silver Cloud Property purchase agreement, if the Company delineates more than two million ounces of gold in proven and probable reserves on the Mining Claims, then the Company will issue a further 250,000 common shares of the Company to Geologix.  Any mineral production from the Silver Cloud Property is subject to net smelter return royalties of 2% due to Royal Gold Inc. and 3% to the underlying claim owners.
	In accordance with the Ivanhoe Creek Property purchase agreement, any mineral production from Ivanhoe Creek Property is subject to net smelter return royalties of 1% due to RMIC Gold.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Feb. 28, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	14.       SUBSEQUENT EVENTS
	The Company’s management has evaluated the subsequent events up to the date of the filing of this report and conclude that there is no subsequent event to report except for the following:
	On March 10, 2015 the Company issued 4,000,000 shares to Uptick Capital as a final payment under the agreement which was terminated on February 1, 2015.
	The following issuances took place on conversion of convertible notes previously issued by the Company:
	On March 3, 2015 the Company issued 1,612,903 shares valued at $.0027 to KBM Worldwide Inc. in accordance with the terms of the convertible note.
	On March 30, 2015 the Company issued 1,870,370 shares valued at $.0027 to KBM Worldwide Inc. in accordance with the terms of the convertible note.
	On April 8, 2015 the Company issued 3,077,273 shares valued at $.0011 to KBM Worldwide Inc. in accordance with the terms of the convertible note.
	On April 9, 2015 the Company issued 3,513,636 shares valued at $.0011 to KBM Worldwide Inc. in accordance with the terms of the convertible note.
	On April 13, 2015 the Company issued 3,513,636 shares valued at $.0011 to KBM Worldwide Inc. in accordance with the terms of the convertible note.
	On March 17, 2015 the Company issued 1,879,464 shares valued at $.0021 to Gold Coast Capital in accordance with the terms of the convertible note.
	On March 25, 2015 the Company issued 2,951,934 shares valued at $.0015 to Gold Coast Capital in accordance with the terms of the convertible note.
	On April 2, 2015 the Company issued 3,099,230 shares valued at $.00072 to Gold Coast Capital in accordance with the terms of the convertible note.
	On April 6, 2015 the Company issued 3,347,218 shares valued at $.00033 to Gold Coast Capital in accordance with the terms of the convertible note.
	On April 8, 2015 the Company issued 3,514,244 shares valued at $.0003 to Gold Coast Capital in accordance with the terms of the convertible note.
	On April 9, 2015 the Company issued 3,843,161 shares valued at $.0003 to Gold Coast Capital in accordance with the terms of the convertible note.
	On April 13, 2015 the Company issued 4,210,265 shares valued at $.0003 to Gold Coast Capital in accordance with the terms of the convertible note.
	On April 14, 2015 the Company issued 4,210,265 shares valued at $.0003 to Gold Coast Capital in accordance with the terms of the convertible note.
	On April 15, 2015 the Company issued 4,805,780 shares valued at $.0003 to Gold Coast Capital in accordance with the terms of the convertible note.
	On April 16, 2015 the Company issued 4,805,780 shares valued at $.0003 to Gold Coast Capital in accordance with the terms of the convertible note.
	On April 17, 2015 the Company issued 4,805,780 shares valued at $.0003 to Gold Coast Capital in accordance with the terms of the convertible note.
	On December 16, 2014, the Company received a “Notice of default” letter from KBM for not filing its annual 10-K in accordance with the requirements of the Exchange Act. The Company was liable to pay 150% of the remaining outstanding principal balance, together with the default interest (the “Default Amount”). Should the default amount not be paid within 5 business days from the date of demand, KBM will be entitled at its sole discretion to convert the Default Amount into equity. On December 26, 2014, the company received notice from KBM that the default was waived and no longer applies.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Feb. 28, 2015
Accounting Policies [Abstract]
Exploration Stage Enterprises Policy [Policy Text Block]	Exploration Stage Company
	The Company is an exploration stage company.  The Company is still devoting substantially all of its efforts on establishing the business.  All losses accumulated, since inception, have been considered as part of the Company’s exploration stage activities.
Debt, Policy [Policy Text Block]	Convertible notes
	The Company accounts for conversion options embedded in convertible notes in accordance with ASC 815. ASC 815 generally requires companies to bifurcate conversion options embedded in convertible notes from their host instruments and to account for them as free standing derivative financial instruments. ASC 815 provides for an exception to this rule when convertible notes, as host instruments, are deemed to be conventional, as defined by ASC 815-40.
	The Company accounts for convertible notes deemed conventional and conversion options embedded in non-conventional convertible notes which qualify as equity under ASC 815, in accordance with the provisions of ASC 470-20, which provides guidance on accounting for convertible securities with beneficial conversion features. Accordingly, the Company records, as a discount to convertible notes, the intrinsic value of such conversion options based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt.
Mineral Properties And Exploration And Development Costs Policy [Policy Text Block]	Mineral Properties and Exploration and Development Costs
	The costs of acquiring mineral rights are capitalized at the date of acquisition. After acquisition, various factors can affect the recoverability of the capitalized costs. If, after review, management concludes that the carrying amount of a mineral property is impaired, it will be written down to estimated fair value. Exploration and pre-extraction expenditures incurred on mineral properties are expensed as incurred until such time the Company exits the Exploration Stage by establishing proven or probable reserves, as defined by the SEC under Industry Guide 7, through the completion of a “final” or “bankable” feasibility study. Development costs incurred on proven and probable reserves will be capitalized. Upon commencement of production, capitalized costs will be amortized using the unit-of-production method over the estimated life of the ore body based on proven and probable reserves (which exclude non-recoverable reserves and anticipated processing losses). When the Company receives an option payment related to a property, the proceeds of the payment are applied to reduce the carrying value of the exploration asset. Under Industry Guide 7, the Company does not have proven or probable reserves.

MINERAL_PROPERTY_CLAIMS_Tables

MINERAL PROPERTY CLAIMS (Tables)	6 Months Ended
	Feb. 28, 2015
Mineral Industries Disclosures [Abstract]
Mineral Property Claims Acquisition Costs [Table Text Block]	Mineral property claims acquisition costs consist of the following:
		February		August 31,
		28, 2015		2014
	Rimrock Property, West Silver Cloud and Pony Spur (a)	$	74,970	$	74,970
	Silver Cloud Property (b)	$	305,000	$	305,000
	Ivanhoe Creek Property (c)	$	15,000	$	15,000
		$	394,970	$	394,970

CONVERTIBLE_NOTE_AT_FAIR_VALUE1

CONVERTIBLE NOTE AT FAIR VALUE (Tables)	6 Months Ended
	Feb. 28, 2015
Debt Disclosure [Abstract]
Schedule Of Fair Value Of Convertible Promissory Notes [Table Text Block]	As of February 28, 2015, the estimated fair value of our convertible promissory notes and warrants is as follows:
	Convertible Notes and Warrants	Fair Value		Fair Value
		Issuance or		February 28,
		August 31, 2014		2015
	Redwood Funds Convertible Note - $100,000	$	107,215	$	121,284
	KBM Convertible Note #1 (issued 8/25/14) - $88,500	$	134,649	$	129,440
	KBM Convertible Note #2 (issued 10/1/14) - $42,500		-	$	76,535
	KBM Convertible Note #3 (issued 12/30/14) - $33,000		-	$	63,858
	Total	$	241,864	$	391,117
	Redwood Funds Warrants – 100,000 shares	$	521	$	506
Schedule of Debt Conversions [Table Text Block]	The following table reflects the allocation of the KBM Note #3 purchase on the financing date December 30, 2014:
	KBM Convertible Note	Note
		Allocation/Costs
	Proceeds	$	33,000
	Convertible promissory notes		33,000
	Fair Value at Issuance (including derivative value)		63,060
	Day One Excess value interest expense		30,060
Schedule Of Interest Expenses [Table Text Block]	The following table reflects the total Day One Excess value interest expense booked in the six months ended February 28, 2015:
	Day One Excess value interest expense – Q2	$	30,060
	Day One Excess value interest expense – Q1		31,376
	Total for the six months ended February 28, 2015	$	61,436
Schedule Of Changes In Fair Values Of Derivative Financial Instruments [Table Text Block]	The Company’s convertible promissory notes which are required to be measured at fair value on a recurring basis under of ASC 815 as of February 28, 2015 are all measured at fair value using Level 3 inputs. Level 3 inputs are unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities as of February 28, 2015.
				Fair Value Measurements Using:
		Fair Value		Quoted Prices		Significant		Significant
				in Active		Other		Unobservable
				Markets		Observable		Inputs
				(Level 1)		Inputs		(Level 3)
						(Level 2)
	Convertible Notes	$	391,117	$	-	$	-	$	391,117
	Derivative Warrants		506						506
	Totals	$	391,623	$	-	$	-	$	391,623

DERIVATIVE_LIABILITIES_Tables

DERIVATIVE LIABILITIES (Tables)	6 Months Ended
	Feb. 28, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]	Key assumptions used in the valuation of the convertible notes for each of the valuation dates were as follows:
	Note Holder	Valuation		Term			Volatility			Risk
		Date								Adjusted
										Rate
	KBM Worldwide - 3	12/30/14			0.76			204	%		9.68	%
	Redwood Fund - 1	2/28/15			0.25			301	%		9.58	%
	KBM Worldwide - 1	2/28/15			0.24			289	%		9.58	%
	KBM Worldwide - 2	2/28/15			0.34			283	%		9.58	%
	KBM Worldwide - 3	2/28/15			0.59			241	%		9.58	%
	Key assumptions used in the valuation of the warrants for each of the valuation dates were as follows:
	Warrant Holder	Valuation		Term			Volatility			Risk Free Rate
		Date
	Redwood Fund - 1	2/28/15			4.12			199	%		0.88	%
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	The fair values including the embedded derivatives that were analyzed and incorporated into the model included the conversion feature with the full ratchet reset and dilutive reset, and the redemption options.
	Level 3 –	Balance at			New			Settlements		Change in			Balance at
		November 30,			Issuances					Fair Values			February 28,
		2014											2015
	Fair Values from:
	Convertible Notes	$	324,021		$	63,060			-	$	4,036		$	391,117
	Warrants	$	682		$	-			-	$	-176		$	506
		$	324,703		$	63,060				$	3,860		$	391,623
	Amount charged in the three months ended November 30, 2014									$	8,442
	Total for the six months ended February 28, 2015									$	12,302

ORGANIZATION_AND_NATURE_OF_OPE1

ORGANIZATION AND NATURE OF OPERATIONS (Details Textual)	6 Months Ended	1 Months Ended
	Feb. 28, 2015	Oct. 31, 2013
		acre
Organization And Nature Of Operation Line Item [Line Items]
Entity Incorporation, Date of Incorporation	31-Aug-07
Entity Incorporation, State Country Name	Nevada
RMIC Gold [Member]
Organization And Nature Of Operation Line Item [Line Items]
Number Of Unpatented Mining Claims		22
Area of Land		440
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares		150,000
Artist Advances and Royalty Guarantees, Commitments		Net Smelter Returns royalties of 1% due to RMIC Gold.

GOING_CONCERN_Details_Textual

GOING CONCERN (Details Textual) (USD $)	3 Months Ended			6 Months Ended
	Feb. 28, 2015	Nov. 30, 2014	Feb. 28, 2014	Feb. 28, 2015	Feb. 28, 2014	Aug. 31, 2014
Going Concern [Line Items]
Net Income (Loss) Attributable to Parent	($347,531)	$493,183	($96,389)	($493,183)	($347,916)
Retained Earnings (Accumulated Deficit)	($4,391,552)			($4,391,552)		($3,898,369)

MINERAL_PROPERTY_CLAIMS_Detail

MINERAL PROPERTY CLAIMS (Details) (USD $)	Feb. 28, 2015	Aug. 31, 2014
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Mineral Rights	$394,970	$394,970
Rimrock Property, West Silver Cloud and Pony Spur [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Mineral Rights	74,970	74,970
Silver Cloud Property [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Mineral Rights	305,000	305,000
Ivanhoe Creek Property [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Mineral Rights	$15,000	$15,000

MINERAL_PROPERTY_CLAIMS_Detail1

MINERAL PROPERTY CLAIMS (Details Textual) (USD $)	3 Months Ended		6 Months Ended		0 Months Ended		3 Months Ended	1 Months Ended
	Feb. 28, 2015	Feb. 28, 2014	Feb. 28, 2015	Feb. 28, 2014	3-May-13	Feb. 11, 2013	Aug. 31, 2013	Oct. 31, 2013
								acre
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Mining Property Maintenance Fee			$7,085
Operating Leases, Rent Expense	0	375	0	3,283
Pescio Family [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Operating Leases, Rent Expense					50,000
Lease Expiration Date					30-Jun-23
Consultant [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares					1,000,000	2,000,000
Business Combination, Acquisition Related Costs					30,000	52,117
Business Acquisition, Transaction Costs					180,000
Rimrock Mining In [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares						17,800,000
Business Acquisition, Percentage of Voting Interests Acquired						100.00%
Artist Advances and Royalty Guarantees, Commitments						Net Smelter Returns royalties of 3%.
Geologix [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Area of Land					11,210
Business Acquisition, Percentage of Voting Interests Acquired					100.00%
Number Of Unpatented Mining Claims					552
Additional Share For Selling Group							52,117
RMIC Gold [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Area of Land								440
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares								150,000
Business Acquisition, Percentage of Voting Interests Acquired								100.00%
Artist Advances and Royalty Guarantees, Commitments								Net Smelter Returns royalties of 1%
Number Of Unpatented Mining Claims								22
Bureau Of Land Management [Member] | August 31 [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Mineral Property Management Fee	105,000		105,000
Bureau Of Land Management [Member] | October 31 [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Elko County Fees Payable	$7,100		$7,100
Rimrock Property, West Silver Cloud and Pony Spur [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Area of Land						2,000
Silver Cloud Property [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares							500,000
Description Related To Mining Claim							In addition, if the Company delineates more than two million ounces of gold in proven and probable reserves on the Mining Claims, then the Company will issue a further 250,000 common shares of the Company to Geologix. Any mineral production from the Silver Cloud Property is subject to net smelter return royalties of 2% due to Royal Gold Inc. and 3% to the underlying claim owners.
Silver Cloud Property [Member] | Teck Resources Inc [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares							100,000
Silver Cloud Property [Member] | Geologix [Member]
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares							400,000

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	9 Months Ended	1 Months Ended	6 Months Ended		1 Months Ended
	Jan. 01, 2015	Mar. 31, 2015	Feb. 28, 2015	Feb. 28, 2014	Feb. 28, 2015	Aug. 31, 2014
Related Party Transaction [Line Items]
Due to Related Parties, Current			$31,042		$31,042	$22,418
Subsequent Event [Member]
Related Party Transaction [Line Items]
Renewal Payments From The Agreement	750,000
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	250,000
Uptick Capital LLC [Member] | Subsequent Event [Member]
Related Party Transaction [Line Items]
Stock Issued During Period, Shares, Issued for Services	2,500,000	4,000,000
Mr. Starkman [Member]
Related Party Transaction [Line Items]
Business Combination, Acquisition Related Costs			0	2,622
Jordan Starkman and Richard R. Redfern [Member]
Related Party Transaction [Line Items]
Fair Value of Shares Issued					$280,000
Shares Issued, Price Per Share			$0.00		$0.00

CONVERTIBLE_NOTE_AT_FAIR_VALUE2

CONVERTIBLE NOTE AT FAIR VALUE (Details) (USD $)	Feb. 28, 2015	Aug. 31, 2014
Convertible Notes Payable And Derivative Liabilities Textual [Abstract]
Convertible Debt, Fair Value Disclosures	$391,117	$241,864
Redwood Fund Convertible Note [Member]
Convertible Notes Payable And Derivative Liabilities Textual [Abstract]
Convertible Debt, Fair Value Disclosures	121,284	107,215
KBM Convertible Note #1 (issued 8/25/14) [Member]
Convertible Notes Payable And Derivative Liabilities Textual [Abstract]
Convertible Debt, Fair Value Disclosures	129,440	134,649
KBM Convertible Note #2 (issued 10/1/14) [Member]
Convertible Notes Payable And Derivative Liabilities Textual [Abstract]
Convertible Debt, Fair Value Disclosures	76,535	0
KBM Convertible Note #3 (issued 12/30/14) [Member]
Convertible Notes Payable And Derivative Liabilities Textual [Abstract]
Convertible Debt, Fair Value Disclosures	63,858	0
Redwood Funds Warrants [Member]
Convertible Notes Payable And Derivative Liabilities Textual [Abstract]
Convertible Debt, Fair Value Disclosures	$506	$521

CONVERTIBLE_NOTE_AT_FAIR_VALUE3

CONVERTIBLE NOTE AT FAIR VALUE (Details 1) (USD $)	3 Months Ended		6 Months Ended		1 Months Ended
	Feb. 28, 2015	Feb. 28, 2014	Feb. 28, 2015	Feb. 28, 2014	Dec. 30, 2014
Short-term Debt [Line Items]
Proceeds			$75,500	$0
Day One Excess value interest expense	30,060	0	61,436	0
KBM World wide Convertible Note [Member]
Short-term Debt [Line Items]
Proceeds					33,000
Convertible promissory notes					33,000
Fair Value at Issuance (including derivative value)					63,060
Day One Excess value interest expense					$30,060

CONVERTIBLE_NOTE_AT_FAIR_VALUE4

CONVERTIBLE NOTE AT FAIR VALUE (Details 2) (USD $)	3 Months Ended		6 Months Ended
	Feb. 28, 2015	Feb. 28, 2014	Feb. 28, 2015	Feb. 28, 2014
Derivative [Line Items]
Interest Expense, Debt	$30,060	$0	$61,436	$0
Day One Excess value interest expense Q2 [Member]
Derivative [Line Items]
Interest Expense, Debt			30,060
Day One Excess value interest expense Q1 [Member]
Derivative [Line Items]
Interest Expense, Debt			$31,376

CONVERTIBLE_NOTE_AT_FAIR_VALUE5

CONVERTIBLE NOTE AT FAIR VALUE (Details 3) (USD $)	Feb. 28, 2015
Derivative [Line Items]
Derivative, Fair Value, Net	$391,623
Fair Value, Inputs, Level 1 [Member]
Derivative [Line Items]
Derivative, Fair Value, Net	0
Fair Value, Inputs, Level 2 [Member]
Derivative [Line Items]
Derivative, Fair Value, Net	0
Fair Value, Inputs, Level 3 [Member]
Derivative [Line Items]
Derivative, Fair Value, Net	391,623
Convertible Notes Payable [Member]
Derivative [Line Items]
Derivative, Fair Value, Net	391,117
Convertible Notes Payable [Member] | Fair Value, Inputs, Level 1 [Member]
Derivative [Line Items]
Derivative, Fair Value, Net	0
Convertible Notes Payable [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative [Line Items]
Derivative, Fair Value, Net	0
Convertible Notes Payable [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative [Line Items]
Derivative, Fair Value, Net	391,117
Derivative Warrants [Member]
Derivative [Line Items]
Derivative, Fair Value, Net	506
Derivative Warrants [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative [Line Items]
Derivative, Fair Value, Net	$506

CONVERTIBLE_NOTE_AT_FAIR_VALUE6

CONVERTIBLE NOTE AT FAIR VALUE (Details Textual) (USD $)	0 Months Ended	1 Months Ended
	Apr. 14, 2014	Sep. 30, 2014	Aug. 29, 2014	Dec. 30, 2014	Oct. 21, 2014
Short-term Debt [Line Items]
Debt Instrument, Term	5 years
Warrant [Member]
Short-term Debt [Line Items]
Debt Instrument, Convertible, Conversion Price		$0.04
Redwood Fund Convertible Note And Warrants [Member]
Short-term Debt [Line Items]
Debt Instrument, Face Amount	100,000
Debt Instrument, Convertible, Conversion Price	0.075	$0.03
Debt Instrument, Maturity Date	14-Oct-14
Debt Conversion, Original Debt, Interest Rate of Debt	12.00%
Debt Instrument, Interest Rate, Effective Percentage	20.00%
Debt Instrument Prepayment Interest Percentage	110.00%
Debt Conversion, Converted Instrument, Warrants or Options Issued	100,000
Debt Conversion Converted Instrument Warrant Exercise Price	0.1
Debt Instrument, Term		6 months
KBM World wide Convertible Note [Member]
Short-term Debt [Line Items]
Debt Instrument, Face Amount				33,000
Debt Conversion, Original Debt, Interest Rate of Debt			8.00%
Debt Instrument, Interest Rate, Effective Percentage			22.00%
Debt Instrument, Term			180 days
Debt Conversion, Converted Instrument, Rate			58.00%
Number Of Common Stock Percentage			9.99%
Debt Conversion Converted Instrument Discount Rate			42.00%
Debt Instrument, Convertible, Threshold Consecutive Trading Days			20 days
KBM Convertible Note 1 [Member]
Short-term Debt [Line Items]
Debt Instrument, Face Amount			88,500
Debt Instrument, Maturity Date			27-May-15
KBM Convertible Note 2 [Member]
Short-term Debt [Line Items]
Debt Instrument, Face Amount					$42,500

DERIVATIVE_LIABILITIES_Details

DERIVATIVE LIABILITIES (Details)	6 Months Ended
	Feb. 28, 2015
KBM Worldwide - 2 - Note Holder [Member]
Short-term Debt [Line Items]
Valuation Date	28-Feb-15
Term	4 months 2 days
Volatility	283.00%
Risk Adjusted Rate	9.58%
Redwood Fund - 1 - Note Holder [Member]
Short-term Debt [Line Items]
Valuation Date	28-Feb-15
Term	3 months
Volatility	301.00%
Risk Adjusted Rate	9.58%
KBM Worldwide - 1 - Note Holder [Member]
Short-term Debt [Line Items]
Valuation Date	28-Feb-15
Term	2 months 26 days
Volatility	289.00%
Risk Adjusted Rate	9.58%
Redwood Fund - 1 - Warrants [Member]
Short-term Debt [Line Items]
Valuation Date	28-Feb-15
Term	4 years 1 month 13 days
Volatility	199.00%
Risk Adjusted Rate	0.88%
KBM Worldwide - 3 - Note Holder [Member]
Short-term Debt [Line Items]
Valuation Date	30-Dec-14
Term	9 months 4 days
Volatility	204.00%
Risk Adjusted Rate	9.68%
KBM Worldwide - 3 - Note Holder [Member]
Short-term Debt [Line Items]
Valuation Date	28-Feb-15
Term	7 months 2 days
Volatility	241.00%
Risk Adjusted Rate	9.58%

DERIVATIVE_LIABILITIES_Details1

DERIVATIVE LIABILITIES (Details 1) (USD $)	3 Months Ended			6 Months Ended
	Feb. 28, 2015	Nov. 30, 2014	Feb. 28, 2014	Feb. 28, 2015	Feb. 28, 2014
Derivatives, Fair Value [Line Items]
Change in Fair Values	$3,860	$8,442	$0	$12,302	$0
Fair Value, Inputs, Level 3 [Member]
Derivatives, Fair Value [Line Items]
Balance at November 30, 2014		324,703		324,703
New Issuances				63,060
Settlements
Change in Fair Values	3,860
Balance at February 28, 2015	391,623			391,623
Fair Value, Inputs, Level 3 [Member] | Convertible Notes Payable [Member]
Derivatives, Fair Value [Line Items]
Balance at November 30, 2014	324,021
New Issuances	63,060
Settlements	0
Change in Fair Values	4,036
Balance at February 28, 2015	391,117			391,117
Fair Value, Inputs, Level 3 [Member] | Warrant [Member]
Derivatives, Fair Value [Line Items]
Balance at November 30, 2014	682
New Issuances	0
Settlements	0
Change in Fair Values	-176
Balance at February 28, 2015	$506			$506

DERIVATIVE_LIABILITIES_Details2

DERIVATIVE LIABILITIES (Details Textual) (USD $)	3 Months Ended			6 Months Ended
	Feb. 28, 2015	Nov. 30, 2014	Feb. 28, 2014	Feb. 28, 2015	Feb. 28, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Liability, Fair Value, Gross Liability		$324,703
Change in Fair Values	$3,860	$8,442	$0	$12,302	$0

STOCKHOLDERS_EQUITY_Details_Te

STOCKHOLDERS' EQUITY (Details Textual) (USD $)	0 Months Ended	6 Months Ended
	Feb. 02, 2015	Feb. 28, 2015	Aug. 31, 2014	Jan. 28, 2015
Common Stock, Par or Stated Value Per Share		0.001	$0.00
Common Stock, Shares Authorized		1,900,000,000	1,900,000,000
Common Stock, Shares, Issued		51,664,627	37,664,627
Common Stock, Shares, Outstanding		51,664,627	37,664,627
Preferred Stock, Shares Authorized		1,000,000	1,000,000
Preferred Stock, Shares Issued		0	0
Preferred Stock, Shares Outstanding		0	0
Board of Directors [Member]
Common Stock, Par or Stated Value Per Share				$0.00
Common Stock, Shares Authorized				1,900,000,000
Jordan Starkman and Richard R. Redfern [Member]
Stock Issued During Period, Shares, Issued for Services	7,000,000
Stock Issued During Period, Value, Issued for Services	$280,000
Series A Super Voting Preferred Stock [Member]
Preferred Stock, Shares Authorized		500,000
Preferred Stock, Voting Rights		10,000

SHARES_TO_BE_ISSUED_Details_Te

SHARES TO BE ISSUED (Details Textual) (Makmo Trading Corp [Member], USD $)	6 Months Ended
	Feb. 28, 2015
Makmo Trading Corp [Member]
Shares To Be Issued [Line Items]
Consulting Agreement Entered Date	1-Sep-14
Common Stock, Capital Shares Reserved for Future Issuance	2,000,000
Common Stock Capital Shares Value Reserved For Future Issuance	$80,000

CONTINGENCIES_AND_COMMITMENTS_

CONTINGENCIES AND COMMITMENTS (Details Textual) (USD $)	6 Months Ended
	Feb. 28, 2015
Commitments And Contingencies [Line Items]
Capital Leases, Future Minimum Payments Due, Next Twelve Months	50,000
Capital Leases, Future Minimum Payments Due	500,000
Maturity [Member]
Commitments And Contingencies [Line Items]
Mineral Property Management Fee	105,000
Elko County Fees Payable	7,100
Abigail Purchase Agreement [Member]
Commitments And Contingencies [Line Items]
Royalty Payable To Selling Group	3.00%
Abigail Purchase Agreement [Member] | Contingent Payment One [Member]
Commitments And Contingencies [Line Items]
Amount Spent On Property	2,500,000
Amount For Selling Group	250,000
Additional Share For Selling Group	125,000
Abigail Purchase Agreement [Member] | Contingent Payment Two [Member]
Commitments And Contingencies [Line Items]
Amount Spent On Property	5,000,000
Amount For Selling Group	250,000
Additional Share For Selling Group	125,000
Abigail Purchase Agreement [Member] | Contingent Payment Three [Member]
Commitments And Contingencies [Line Items]
Amount For Selling Group	250,000
Additional Share For Selling Group	125,000
Abigail Purchase Agreement [Member] | Contingent Payment Four [Member]
Commitments And Contingencies [Line Items]
Amount For Selling Group	500,000
Additional Share For Selling Group	250,000
Lac Kame And Em One Purchase Agreement [Member]
Commitments And Contingencies [Line Items]
Royalty Payable To Selling Group	3.00%
Lac Kame And Em One Purchase Agreement [Member] | Contingent Payment One [Member]
Commitments And Contingencies [Line Items]
Amount Spent On Property	1,000,000
Amount For Selling Group	50,000
Additional Share For Selling Group	125,000
Lac Kame And Em One Purchase Agreement [Member] | Contingent Payment Two [Member]
Commitments And Contingencies [Line Items]
Amount Spent On Property	2,500,000
Amount For Selling Group	100,000
Additional Share For Selling Group	250,000
Lac Kame And Em One Purchase Agreement [Member] | Contingent Payment Three [Member]
Commitments And Contingencies [Line Items]
Amount Spent On Property	5,000,000
Amount For Selling Group	150,000
Additional Share For Selling Group	125,000
West Silver Cloud And Pony Spur Property Purchase Agreement [Member]
Commitments And Contingencies [Line Items]
Royalty Payable To Selling Group	3.00%
Silver Cloud Property Purchase Agreement [Member]
Commitments And Contingencies [Line Items]
Stock Issued During Period, Shares, Issued for Services	250,000
Description Of Underlying Claim Owners	Any mineral production from the Silver Cloud Property is subject to net smelter return royalties of 2% due to Royal Gold Inc. and 3% to the underlying claim owners
Ivanhoe Creek Property Purchase Agreement [Member]
Commitments And Contingencies [Line Items]
Royalty Payable To Selling Group	1.00%
Royal Gold Inc [Member]
Commitments And Contingencies [Line Items]
Royalty Payable To Selling Group	2.00%

SUBSEQUENT_EVENTS_Details_Text

SUBSEQUENT EVENTS (Details Textual) (USD $)	0 Months Ended						1 Months Ended	0 Months Ended				1 Months Ended	0 Months Ended	1 Months Ended
	Mar. 10, 2015	Dec. 16, 2014	Apr. 08, 2015	Apr. 09, 2015	Apr. 13, 2015	Mar. 03, 2015	Mar. 30, 2015	Apr. 06, 2015	Apr. 14, 2015	Apr. 15, 2015	Apr. 16, 2015	Apr. 17, 2015	Apr. 02, 2015	Mar. 17, 2015	Mar. 25, 2015
Subsequent Event [Line Items]
Stock Issued During Period, Shares, New Issues	4,000,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Debt Instrument, Debt Default, Description of Notice of Default		The Company was liable to pay 150% of the remaining outstanding principal balance, together with the default interest (the “Default Amount”). Should the default amount not be paid within 5 business days from the date of demand, KBM will be entitled at its sole discretion to convert the Default Amount into equity.
Percentage of remaining outstanding principal balance		150.00%
KBM Worldwide Inc [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Stock Issued During Period, Shares, New Issues			3,077,273	3,513,636	3,513,636	1,612,903	1,870,370
Shares Issued, Price Per Share			$0.00	$0.00	$0.00	$0.00	$0.00
Gold Coast Capital [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Stock Issued During Period, Shares, New Issues			3,514,244	3,843,161	4,210,265			3,347,218	4,210,265	4,805,780	4,805,780	4,805,780	3,099,230	1,879,464	2,951,934
Shares Issued, Price Per Share			$0.00	$0.00	$0.00			$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00