v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Jul. 31, 2026
Jul. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (4,600,873) $ (2,077,499)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 20,361 8,436
Accretion 9,340 8,479
Amortization of right-of-use asset 14,408 14,833
Stock based compensation 763,604 155,013
Amortization of prepaid stock-based expenses
Change in fair value of warrant liability (1,495,000)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 119,987 (194,401)
Reclamation bond deposit
Accounts payable and accrued liabilities 131,812 257,300
Stock payable 15,000 22,500
Operating lease liability (14,320) (14,833)
NET CASH USED IN OPERATING ACTIVITIES (3,540,681) (3,315,172)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock for exercise of stock option 13,204
Proceeds from issuance of common stock for exercise of stock warrants 6,483,012
NET CASH PROVIDED BY FINANCING ACTIVITIES 6,496,216
NET (DECREASE) INCREASE IN CASH (3,540,681) 3,181,044
CASH - beginning of period 30,655,391 8,168,767
CASH - end of period 27,114,710 11,349,811
Cash paid for:    
Interest
Income taxes
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:    
Issuance of common stock for accrued services 193,809
Issuance of common stock for prepaid services 37,500
Reclassification of warrant liability into equity upon exercise of warrants 10,136,100
Operating lease right-of-use asset and operating lease liability recorded upon lease modification $ 78,054