v3.22.2.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Apr. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (1,945,358) $ (3,549,715)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 11,580 7,949  
Accretion 6,274 4,934 $ 22,064
Amortization of right-of-use asset 12,723 4,280  
Stock based compensation 191,933 232,443  
Amortization of prepaid stock based expenses 99,250 91,188  
Change in fair value of warrant liability (940,000)  
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets (181,197) (237,074)  
Reclamation bond deposit (114,000)  
Accounts payable and accrued liabilities (36,212) 694,952  
Operating lease liability (12,798) (4,280)  
NET CASH USED IN OPERATING ACTIVITIES (2,793,805) (2,869,323)  
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (3,767)  
NET CASH USED IN INVESTING ACTIVITIES (3,767)  
NET DECREASE IN CASH (2,793,805) (2,873,090)  
CASH - beginning of year 9,111,512 13,645,405 13,645,405
CASH - end of period 6,317,707 10,772,315 $ 9,111,512
Cash paid for:      
Interest  
Income taxes  
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:      
Issuance of common stock for prepaid services and accrued services $ 258,500  

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