|6 Months Ended|
Feb. 29, 2020
|Inventory Disclosure [Abstract]|
The mining and crushing of bituminous sands has been contracted to an independent third party.
Due to the current pandemic and the impact this has had on the country and the global economy, the Company has ceased production of hydrocarbon products and will resume production once oil prices return to sustainable profitable levels.
During the six months ended February 29, 2020, the cost of mining, hauling and crushing the ore, amounting to $0 (2018 - $0), was recorded as the cost of the crushed ore inventory. The Company used approximately 5,000 yards of crushed ore during the six months ended February 29, 2020.
The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef