INCOME TAXES (Tables)

12 Months Ended

Mar. 31, 2026

INCOME TAXES

Schedule of reconciliation of effective tax rate

		March 31,				March 31,
		2026				2025

Net income (loss) for the year			(929,987	)			(3,912,888	)
Total income tax expense			–				–
Net income (loss) excluding income tax			(929,987	)			(3,912,888	)

Income tax expense (recovery) using the Company's tax rate			(251,000	)			(1,056,000	)
Non-deductible expenses and other			633,000				133,000
Temporary difference booked to reserve			(2,000	)			(3,000	)
Deferred income tax assets not recognized			(380,000	)			926,000
			-				-

Schedule of deductible temporary difference of deferred tax asset

Expiry

Tax Losses (Capital)

Tax Losses

Resource Pools

Other

Within one year

–

–

–

–

One to five years

–

–

–

–

After five years

–

10,728,000

–

1,011,000

No expiry date

2,183,000

–

32,175,000

77,000

2,183,000

10,728,000

32,175,000

1,088,000