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Asset Retirement Obligation
9 Months Ended
Jan. 31, 2019
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligation

NOTE 6 — ASSET RETIREMENT OBLIGATION

 

In conjunction with various permit approvals permitting the Company to undergo exploration activities at the Copper King project and Keystone project, the Company has recorded an asset retirement obligation based upon the reclamation plans submitted in connection with the various permits.

 

The following table summarizes activity in the Company’s ARO:

 

    January 31, 2019     April 30, 2018  
Balance, beginning of period   $ -     $ -  
Addition and changes in estimates     81,884       -  
Accretion expense     4,854       -  
Balance, end of period   $ 86,739     $ -