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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Jul. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

The future minimum lease payments at July 31, 2023, under these mining leases are as follows, each payment to be made in the fourth quarter of the respective fiscal years:

 

Fiscal Year     
Fiscal 2024  $2,880 
Fiscal 2025   1,920 
Fiscal 2026   1,920 
Fiscal 2027   1,920 
Fiscal 2028   1,920 
Fiscal 2029 and thereafter   9,600 
Total  $20,160 
SCHEDULE OF ADVANCE MINIMUM ROYALTY PAYMENTS

The annual advance minimum royalty payments at July 31, 2023, under the option agreement are as follows, each payment to be made on the first anniversary of the effective date of this option agreement and continuing until the tenth anniversary:

 

Fiscal Year     
Fiscal 2024  $25,000 
Fiscal 2025   25,000 
Fiscal 2026   25,000 
Fiscal 2027   25,000 
Fiscal 2028   25,000 
Fiscal 2029 and thereafter   75,000 
Total  $200,000