PROPERTY AND EQUIPMENT

9 Months Ended

Jan. 31, 2024

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 5 — PROPERTY AND EQUIPMENT

As of the dates presented, property and equipment consisted of the following:

	January 31, 2024			April 30, 2023
Site costs	$	203,320		$	203,320
Land		352,718			352,718
Computer equipment		3,766			7,265
Vehicle		39,493			39,493
Total		599,297			602,796
Less: accumulated depreciation		(133,082	)		(111,871	)
Total	$	466,215		$	490,925

For the nine months ended January 31, 2024 and 2023, depreciation expense amounted to $24,710 and $28,462, respectively. For the three months ended January 31, 2024 and 2023, depreciation expense amounted to $8,237 and $8,237, respectively, and was included in general and administrative expenses as reflected in the accompanying unaudited condensed consolidated statements of operations.

U.S. GOLD CORP. AND SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

JANUARY 31, 2024