Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
Jan. 31, 2018
Apr. 30, 2017
CURRENT ASSETS:    
Cash $ 8,373,535 $ 6,820,623
Note receivable 250,000
Prepaid expenses and other current assets 602,893 198,151
Total Current Assets 8,976,428 7,268,774
NON - CURRENT ASSETS:    
Reclamation bond deposit 81,847 41,301
Mineral rights 4,176,952 4,120,623
Total Non - Current Assets 4,258,799 4,161,924
Total Assets 13,235,227 11,430,698
CURRENT LIABILITIES:    
Accounts payable 179,309 40,550
Accounts payable - related party 2,431 2,431
Accrued liabilities 18,198 137,500
Total Liabilities 199,938 180,481
Commitments and Contingencies
STOCKHOLDERS' EQUITY :    
Common stock ($0.001 Par Value; 200,000,000 Shares Authorized; 16,210,416 and 6,932,059 shares issued and outstanding as of January 31, 2018 and April 30, 2017) 16,210 6,932
Additional paid-in capital 30,067,117 15,813,297
Accumulated deficit (17,048,041) (4,570,057)
Total Stockholders' Equity 13,035,289 11,250,217
Total Liabilities and Stockholders' Equity 13,235,227 11,430,698
Convertible Series C Preferred Stock [Member]    
STOCKHOLDERS' EQUITY :    
Preferred stock, $0.001 par value; 50,000,000 authorized 2 45
Convertible Series E Preferred Stock [Member]    
STOCKHOLDERS' EQUITY :    
Preferred stock, $0.001 par value; 50,000,000 authorized $ 1