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STATEMENTS OF INCOME - USD ($)
12 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Jan. 31, 2020
Revenues      
Interest $ 523,365 $ 35,489 $ 283,015
Total revenues 71,459,790 25,950,567 31,990,874
Expenses      
Compensation of Trustees 291,187 215,368 271,449
Corporate Trustee's administrative fees 62,500 62,500 62,500
Professional fees and expenses:      
Legal 1,728,417 1,456,399 928,586
Accounting and auditing 198,089 165,828 185,109
Mining consultant and field representatives 42,120 41,129 30,574
Insurance 241,491 181,041 134,683
Annual stock exchange fee 71,255 71,255 68,000
Transfer agent's and registrar's fees 5,561 6,578 6,606
Other Trust expenses 53,425 342,822 247,615
Total expenses 2,694,045 2,542,920 1,935,122
Net income $ 68,765,745 $ 23,407,647 $ 30,055,752
WEIGHTED AVERAGE NUMBER OF UNITS OUTSTANDING 13,120,010 13,120,010 13,120,010
Net income per unit (Note 2) (in dollars per unit) $ 5.241 $ 1.784 $ 2.291
Royalties From Leases [Member]      
Revenues      
Royalty income $ 70,119,265 $ 25,416,522 $ 30,983,327
Royalties From Lease Fees [Member]      
Revenues      
Royalty income $ 817,160 $ 498,556 $ 724,532