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STATEMENTS OF INCOME - USD ($)
12 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Jan. 31, 2021
Revenues      
Interest $ 245,655 $ 523,365 $ 35,489
Total revenues 7,741,974 71,459,790 25,950,567
Expenses      
Compensation of Trustees 332,351 291,187 215,368
Corporate Trustee's administrative fees 62,500 62,500 62,500
Professional fees and expenses:      
Legal 1,372,566 1,728,417 1,456,399
Accounting and auditing 216,250 198,089 165,828
Mining consultant and field representatives 41,542 42,120 41,129
Insurance 275,072 241,491 181,041
Annual stock exchange fee 74,425 71,255 71,255
Transfer agent's and registrar's fees 5,901 5,561 6,578
Other Trust expenses 52,282 53,425 342,822
Expenses 2,432,889 2,694,045 2,542,920
Net income (loss) $ 5,309,085 $ 68,765,745 $ 23,407,647
Number of units outstanding 13,120,010 13,120,010 13,120,010
Net income (loss) per unit (Note 2) (in dollars per unit) $ 0.405 $ 5.241 $ 1.784
Distribution declared per unit (Note 3) (in dollars per unit) $ 3.63 $ 2.86 $ 1.67
Royalties From Leases [Member]      
Revenues      
Royalty Revenue $ 7,253,916 $ 70,119,265 $ 25,416,522
Royalties From Lease Fees [Member]      
Revenues      
Royalty Revenue $ 242,403 $ 817,160 $ 498,556