Mineral Rights - Schedule of Fair Value of Assets Acquired and Liabilities Assumed (Details) |
Sep. 10, 2019
USD ($)
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Extractive Industries [Abstract] | |
Cash | $ 159,063 |
Mineral property - Maggie Creek | 1,986,607 |
Total assets acquired at fair value | 2,145,670 |
Total Liabilities assumed at fair value | (125,670) |
Total purchase consideration | $ 2,020,000 |
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- Definition Business combination recognized identifiable assets acquired and liabilities assumed mineral property. No definition available.
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- References No definition available.
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- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of assets acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liabilities assumed at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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