COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Apr. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

SCHEDULE OF ROYALTY PAYABLE

FOB Mine Value per Ton	Percentage Royalty
$00.00 to $50.00		5	%
$50.01 to $100.00		7	%
$100.01 to $150.00		9	%
$150.01 and up		10	%

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

The future minimum lease payments at April 30, 2022 under these mining leases are as follows, each payment to be made in the fourth quarter of the respective fiscal years:

Fiscal 2023	$	2,240
Fiscal 2024		960
	$	3,200

SCHEDULE OF RIGHT AND OPTION TO EARN-IN AND ACQUIRE UNDIVIDED INTEREST

The remaining required Initial Earn-in payments at April 30, 2022, as amended:

Fiscal 2023	$	700,000
Fiscal 2024		1,000,000
Fiscal 2025		1,000,000
Fiscal 2026		1,000,000
	$	3,700,000

SCHEDULE OF ADVANCE MINIMUM ROYALTY PAYMENTS

The annual advance minimum royalty payments at April 30, 2022 under the option agreement are as follows, each payment to be made in the beginning on the first anniversary of the effective date of this option agreement and continuing until the tenth anniversary:

Fiscal 2023	$	25,000
Fiscal 2024		25,000
Fiscal 2025		25,000
Fiscal 2026		25,000
Fiscal 2027 and thereafter		125,000
	$	225,000