Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
Oct. 31, 2018
Apr. 30, 2018
CURRENT ASSETS:    
Cash $ 4,054,624 $ 7,646,279
Prepaid expenses and other current assets 269,095 632,038
Total Current Assets 4,323,719 8,278,317
NON - CURRENT ASSETS:    
Property, net 79,059
Reclamation bond deposit 412,481 92,928
Mineral rights 4,176,952 4,176,952
Deferred income taxes 438,145 438,145
Total Non - Current Assets 5,106,637 4,708,025
Total Assets 9,430,356 12,986,342
CURRENT LIABILITIES:    
Accounts payable 219,003 262,652
Accounts payable - related party 2,431 2,431
Accrued liabilities 27,194 20,998
Total Current Liabilities 248,628 286,081
LONG- TERM LIABILITIES    
Asset retirement obligation 84,605
Total Liabilities 333,233 286,081
Commitments and Contingencies
STOCKHOLDERS' EQUITY:    
Common stock ($0.001 Par Value; 200,000,000 Shares Authorized; 18,651,684 issued and 18,151,684 outstanding as of as of October 31, 2018 and 17,590,574 issued and outstanding April 30, 2018) 18,152 17,591
Additional paid-in capital 31,789,335 30,911,222
Accumulated deficit (22,710,364) (18,228,552)
Total Stockholders' Equity 9,097,123 12,700,261
Total Liabilities and Stockholders' Equity 9,430,356 12,986,342
Convertible Series C Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock, value
Convertible Series E Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock, value