XML 39 R28.htm IDEA: XBRL DOCUMENT v3.24.1
COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Jan. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

The future minimum lease payments at January 31, 2024, under these mining leases are as follows, with each payment to be made in the fourth quarter of the respective fiscal year:

 

Fiscal Year ending April 30,    
2025  $1,920 
2026   1,920 
2027   1,920 
2028   1,920 
2029   1,920 
2030 and thereafter   7,680 
Total  $17,280 
SCHEDULE OF ADVANCE MINIMUM ROYALTY PAYMENTS

The annual advance minimum royalty payments at January 31, 2024, 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 ending April 30,    
2025  $25,000 
2026   25,000 
2027   25,000 
2028   25,000 
2029   25,000 
2030 and thereafter   50,000 
Total  $175,000