Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.19.2
Commitments and Contingencies (Tables)
12 Months Ended
Apr. 30, 2019
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Royalty Payable

FOB Mine Value per Ton   Percentage Royalty  
$00.00 to $50.00     5 %
$50.01 to $100.00     7 %
$100.01 to $150.00     9 %
$150.01 and up     10 %

Schedule of Future Minimum Lease Payments

The future minimum lease payments under these mining leases are as follows:

 

2020   $ 2,240  
2021     2,240  
2022     2,240  
2023     2,240  
2024     960  
    $ 9,920