INCOME TAX (Tables)

12 Months Ended

Apr. 30, 2024

Income Tax Disclosure [Abstract]

SCHEDULE OF NET DEFERRED TAX ASSET AND LIABILITIES

The deferred tax assets and deferred tax liabilities are summarized as follows:

Deferred tax assets:	April 30, 2024			April 30, 2023
Net operating loss carryover	$	12,317,000		$	11,599,000
Stock-based compensation		948,000			866,000
Exploration cost		386,000			-
Accrued remediation costs		22,000			35,000
Other		15,000			7,000
Subtotal		13,688,000			12,507,000
Less: valuation allowance		(11,949,000	)		(10,774,000	)
Total deferred tax assets	$	1,739,000		$	1,733,000

Deferred tax liabilities:	April 30, 2024			April 30, 2023
Acquired mineral rights in excess of tax basis in a tax-free merger	$	(2,152,000	)	$	(2,152,000	)
Other		(17,000	)		(11,000	)
Total deferred tax liabilities	$	(2,169,000	)	$	(2,163,000	)
Net deferred tax assets (liabilities)	$	(430,000	)	$	(430,000	)

SCHEDULE OF EFFECTIVE TAX RATE

	Years Ended April 30,
	2024					2023
Federal income tax provision (benefit) based on statutory rate	$	(1,448,000	)	21.0	%	$	(1,599,000	)	21.0	%
State income tax provision (benefit), net of federal taxes		—		—	%		—		—	%
Change in fair value of warrant liabilities		(66,000	)	1.0	%		(273,000	)	3.6	%
Change in prior year estimate		(14,000	)	0.2	%		(255,000	)	3.4	%
Prior year deferred tax adjustment		—		—	%		1,804,000		(23.7	)%
Federal net operating loss expiration		335,000		(4.9	)%		—		—	%
Other nondeductible expenses		18,000		(0.3	)%		42,000		(0.6	)%
Increase (decrease) in valuation allowance		1,175,000		(17.0	)%		281,000		(3.7	)%
Total tax provision (benefit) on income (loss)	$	—		—	%	$	—		—	%