Income Taxes (Tables)

12 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of components of income tax expense (benefit) [Table Text Block]

		2022			2021
Income tax expense (benefit) computed at federal statutory rates	$	(6,579,200	)	$	5,272,469
Non-taxable gain on derivatives		-			(5,688,410	)
Non-deductible expenses		28,794			67,148
Non-deductible stock-based compensation		-			25,470
Change in valuation allowance		1,810,449			(37,727	)
Unrecognized temporary differences					(52,374	)
Other		(945,478	)		-
Deferred tax benefit	$	(5,685,435	)	$	(413,424	)

Schedule of deferred tax assets and liabilities [Table Text Block]

		2022			2021
Deferred tax assets:
Net operating losses	$	5,228,304		$	1,502,021
Net capital losses		36,685			36,685
Stock-based compensation		2,607,150			-
Deferred exploration costs		1,317,562			-
Total		9,189,701			1,538,706
Less: valuation allowance		(1,810,449	)		-
Total deferred tax assets		7,379,252			1,538,706
Deferred tax liability:
Property and equipment		(47,383	)		(182,856	)
Mineral properties		(11,044,892	)		(10,754,308	)
Total deferred tax liabilities		(11,092,275	)		(10,937,164	)
Total deferred taxes	$	(3,713,023	)	$	(9,398,458	)