Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.19.2
Consolidated Balance Sheets - USD ($)
Apr. 30, 2019
Apr. 30, 2018
CURRENT ASSETS:    
Cash $ 2,197,181 $ 7,646,279
Prepaid expenses and other current assets 613,261 632,038
Total Current Assets 2,810,442 8,278,317
NON - CURRENT ASSETS:    
Property, net 74,929
Reclamation bond deposit 339,447 92,928
Mineral rights 4,176,952 4,176,952
Deferred income taxes 438,145
Total Non - Current Assets 4,591,328 4,708,025
Total Assets 7,401,770 12,986,342
CURRENT LIABILITIES:    
Accounts payable 112,303 262,652
Accounts payable - related party 42,539 2,431
Accrued liabilities 5,367 20,998
Total Current Liabilities 160,209 286,081
LONG- TERM LIABILITIES    
Asset retirement obligation 88,746
Total Liabilities 248,955 286,081
Commitments and Contingencies
STOCKHOLDERS' EQUITY :    
Common stock ($0.001 Par Value; 200,000,000 Shares Authorized; 19,860,625 and 17,590,574 shares issued and outstanding as of April 30, 2019 and 2018) 19,861 17,591
Additional paid-in capital 33,408,056 30,911,222
Accumulated deficit (26,275,102) (18,228,552)
Total Stockholders' Equity 7,152,815 12,700,261
Total Liabilities and Stockholders' Equity 7,401,770 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