v3.20.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jan. 31, 2020
Apr. 30, 2019
CURRENT ASSETS:    
Cash $ 1,206,044 $ 2,197,181
Prepaid expenses and other current assets 545,559 613,261
Total current assets 1,751,603 2,810,442
NON - CURRENT ASSETS:    
Property, net 68,307 74,929
Reclamation bond deposit 355,556 339,447
Mineral rights 6,163,559 4,176,952
Total non - current assets 6,587,422 4,591,328
Total assets 8,339,025 7,401,770
CURRENT LIABILITIES:    
Accounts payable 60,376 112,303
Accounts payable - related parties 17,603 42,539
Accrued liabilities 5,367
Total current liabilities 77,979 160,209
LONG- TERM LIABILITIES    
Asset retirement obligation 95,412 88,746
Total liabilities 173,391 248,955
Commitments and Contingencies
STOCKHOLDERS' EQUITY :    
Common stock ($0.001 Par Value; 200,000,000 Shares Authorized; 24,439,478 and 19,860,625 shares issued and outstanding as of January 31, 2020 and April 30, 2019) 24,439 19,861
Additional paid-in capital 38,913,440 33,408,056
Accumulated deficit (30,772,245) (26,275,102)
Total stockholders' equity 8,165,634 7,152,815
Total liabilities and stockholders' equity 8,339,025 7,401,770
Convertible Series F Preferred Stock [Member]    
STOCKHOLDERS' EQUITY :    
Preferred stock, $0.001 par value; 50,000,000 authorized Convertible Series F Preferred stock ($0.001 Par Value; 1,250 Shares Authorized; 270 and none issued and outstanding as of January 31, 2020 and April 30, 2019; liquidation preference of $540,000)

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