Asset Retirement Obligation

12 Months Ended

Apr. 30, 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:

	April 30, 2019		April 30, 2018
Balance, beginning of year	$	-	$	-
Addition and changes in estimates		81,885		-
Accretion expense		6,861		-
Balance, end of year	$	88,746	$	-

For the years ended April 30, 2019 and 2018, accretion expense amounted to $6,861 and $0, respectively.