v3.22.2.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jul. 31, 2022
Apr. 30, 2022
CURRENT ASSETS:    
Cash $ 6,317,707 $ 9,111,512
Prepaid expenses and other current assets 869,849 787,902
Total current assets 7,187,556 9,899,414
NON - CURRENT ASSETS:    
Property, net 338,337 349,917
Reclamation bond deposit 832,509 832,509
Operating lease right-of-use asset, net 51,341 64,064
Mineral rights 16,356,862 16,356,862
Total non - current assets 17,579,049 17,603,352
Total assets 24,766,605 27,502,766
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 1,044,193 1,080,405
Operating lease liabilities, current portion 42,832 55,630
Total current liabilities 1,087,025 1,136,035
LONG- TERM LIABILITIES    
Warrant liability 1,500,000 2,440,000
Asset retirement obligation 266,470 260,196
Operating lease liabilities, less current portion 8,734 8,734
Total long-term liabilities: 1,775,204 2,708,930
Total liabilities 2,862,229 3,844,965
Commitments and Contingencies
STOCKHOLDERS’ EQUITY :    
Common stock ($0.001 Par Value; 200,000,000 Shares Authorized; 8,349,843 and 8,349,843 shares issued and outstanding as of July 31, 2022 and April 30, 2022) 8,350 8,350
Additional paid-in capital 81,747,312 81,555,379
Accumulated deficit (59,851,286) (57,905,928)
Total stockholders’ equity 21,904,376 23,657,801
Total liabilities and stockholders’ equity 24,766,605 27,502,766
Convertible Series F Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY :    
Preferred stock, Value
Convertible Series G Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY :    
Preferred stock, Value
Convertible Series H Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY :    
Preferred stock, Value
Convertible Series I Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY :    
Preferred stock, Value

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