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STATEMENTS OF INCOME - USD ($)
12 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Jan. 31, 2022
Revenues      
Interest $ 769,398 $ 245,655 $ 523,365
Total revenues 22,862,029 7,741,974 71,459,790
Expenses      
Compensation of Trustees 257,064 332,351 291,187
Corporate Trustee's administrative fees 62,500 62,500 62,500
Professional fees and expenses:      
Legal 2,572,380 1,372,566 1,728,417
Accounting and auditing 247,443 216,250 198,089
Mining consultant and field representatives 42,925 41,542 42,120
Insurance 280,855 275,072 241,491
Annual stock exchange fee 80,575 74,425 71,255
Transfer agent's and registrar's fees 4,693 5,901 5,561
Other Trust expenses 330,258 52,282 53,425
Total expenses 3,878,693 2,432,889 2,694,045
Net income $ 18,983,336 $ 5,309,085 $ 68,765,745
Number of units outstanding 13,120,010 13,120,010 13,120,010
Net income per unit (Note 2) (in dollars per unit) $ 1.447 $ 0.405 $ 5.241
Royalties From Leases [Member]      
Revenues      
Royalty Revenue $ 21,331,166 $ 7,253,916 $ 70,119,265
Royalties From Lease Fees [Member]      
Revenues      
Royalty Revenue $ 761,465 $ 242,403 $ 817,160