8. PROMISSORY NOTES	12 Months Ended
Mar. 31, 2023
Notes
8. PROMISSORY NOTES	8. PROMISSORY NOTES On March 31, 2023 and 2022, outstanding Promissory Notes were $65,000 and $65,000, respectively. The Note bear interest of 4% per annum and are due on December 31, 2013. The Note is secured by all of Mexus Gold US shares of stock in Mexus Resources S.A. de C.V. and a personal guarantee of Paul D. Thompson. As of March 31, 2023, the Company has not made the scheduled payments and is in default on this promissory note. The default interest rate on the notes is seven percent per annum. On March 31, 2023 and 2022, accrued interest of $62,486 and $54,146, respectively, is included in accounts payable and accrued liabilities.

8. PROMISSORY NOTES

12 Months Ended

Mar. 31, 2023

8. PROMISSORY NOTES

On March 31, 2023 and 2022, outstanding Promissory Notes were $65,000 and $65,000, respectively. The Note bear interest of 4% per annum and are due on December 31, 2013. The Note is secured by all of Mexus Gold US shares of stock in Mexus Resources S.A. de C.V. and a personal guarantee of Paul D. Thompson. As of March 31, 2023, the Company has not made the scheduled payments and is in default on this promissory note. The default interest rate on the notes is seven percent per annum. On March 31, 2023 and 2022, accrued interest of $62,486 and $54,146, respectively, is included in accounts payable and accrued liabilities.