Dakota Territory Resource (DTRC) 10-Q 14 Feb 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Dec. 31, 2018	Feb. 01, 2019
Details
Registrant Name	Dakota Territory Resource Corp.
Registrant CIK	1,182,737
SEC Form	10-Q
Period End date	Dec. 31, 2018
Fiscal Year End	--03-31
Trading Symbol	dtrc
Tax Identification Number (TIN)	980,201,259
Number of common stock shares outstanding		60,916,787
Filer Category	Non-accelerated Filer
Small Business	true
Emerging Growth Company	false
Amendment Flag	false
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q3
Entity Incorporation, State Country Name	Nevada
Entity Address, Address Line One	10580 N. McCarran Blvd.
Entity Address, Address Line Two	Building 115-208
Entity Address, City or Town	Reno
Entity Address, State or Province	Nevada
Entity Address, Postal Zip Code	89,503
City Area Code	775
Local Phone Number	747-0667

Balance Sheets Unaudited

Balance Sheets Unaudited - USD ($)	Dec. 31, 2018	Mar. 31, 2018
Current Assets
Cash and cash equivalents	$ 5,584	$ 19,981
Prepaid Expense and Other Assets, Current	9,862	4,333
Total current assets	15,446	24,314
Mineral Properties, Net	216,104	216,104
Total assets	231,550	240,418
Current liabilities:
Accounts Payable and Accrued Liabilities, Current	523,284	547,595
Accounts payable, related party	1,597,713	1,321,345
Line of credit	36,410	37,601
Notes Payable, Current	305,550	305,550
Note payable to related party	315,645	298,145
Convertible Notes Payable, Current	100,000	100,000
Liabilities, Current	2,878,602	2,610,236
Liabilities	2,878,602	2,610,236
Shareholders' deficit:
Preferred Stock	0	0
Common Stock	60,917	59,567
Additional paid-in capital	2,137,677	1,955,036
Accumulated deficit	(4,845,646)	(4,384,421)
Total shareholders' deficit	(2,647,052)	(2,369,818)
Total liabilities and shareholders' deficit	$ 231,550	$ 240,418

Balance Sheets Unaudited - Pare

Balance Sheets Unaudited - Parenthetical - $ / shares	Dec. 31, 2018	Mar. 31, 2018
Details
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued		0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	300,000,000	300,000,000
Common Stock, Shares, Issued	60,916,787	59,566,787
Common Stock, Shares, Outstanding	60,916,787	59,566,787

Statements of Operations Unaudi

Statements of Operations Unaudited - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Operating expenses:
Exploration costs	$ 11,512	$ 21,855	$ 33,367	$ 42,355
General and administrative expenses	108,117	86,956	402,776	275,111
Total operating expenses	119,629	108,811	436,143	317,466
Operating loss	(119,629)	(108,811)	(436,143)	(317,466)
Other Nonoperating Income (Expense)
Interest expense	(8,260)	(8,181)	(25,082)	(24,543)
Total other income (expense)	(8,260)	(8,181)	(25,082)	(24,543)
Net Income (Loss)	$ (127,889)	$ (116,992)	$ (461,225)	$ (342,009)
Basic and diluted net loss per common share	$ 0	$ 0	$ (0.01)	$ (0.01)
Basic and diluted weighted-average common shares outstanding	60,616,787	58,990,700	60,203,332	58,708,605

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Net Cash Provided by (Used in) Operating Activities
Net Income (Loss)	$ (461,225)	$ (342,009)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock Based Compensation	108,991	0
Adjustments to reconcile net loss to net cash used in operating activities:
Prepaid expenses and other assets	(5,529)	0
Accounts payable & accrued liabilities	31,744	24,209
Accounts payable, related party	220,313	232,103
Net cash used in operating activities	(105,706)	(85,697)
Cash flows from financing activities:
Proceeds from the issuance of note payable - related party	17,500	(21,855)
Proceeds from the issuance of common stock	75,000	100,000
Proceeds from (repayments of) line of credit	(1,191)	1,647
Net cash provided by financing activities	91,309	79,792
Net increase (decrease) in cash	(14,397)	(5,905)
Cash and cash equivalents	19,981	69,189
Cash and cash equivalents	5,584	63,284
Supplemental disclosure of cash flow information
Cash paid for interest	0	0
Cash paid for income taxes	$ 0	$ 0

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Dec. 31, 2018
Notes
Note 1 - Basis of Presentation	Note 1—Basis of Presentation The accompanying unaudited interim financial statements of Dakota Territory Resource Corp. (“we”, “us”, “our”, the “Company”, the “Corporation”) have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”), and should be read in conjunction with the audited financial statements and notes thereto contained in our annual report on Form 10-K, for the year ended March 31, 2018 as filed with the SEC. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosures contained in the audited financial statements for the most recent fiscal year ended March 31, 2018 as reported in our annual report on Form 10-K, have been omitted. The Company’s absence of revenues, recurring losses from operations, and its need for significant additional financing in order to fund its projected loss in 2019 raise substantial doubt about its ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. On July 6, 2018, Richard Bachman resigned his position as President and CEO of the Company. Mr. Bachman simultaneously accepted the new position of Chief Geological Officer (“CGO”) and remains a Director of the Company. Also, on July 6, 2018, Gerald Aberle assumed the position of President and CEO of the Company while still retaining the position of COO.

Note 2 - Related Party Transact

Note 2 - Related Party Transactions	9 Months Ended
	Dec. 31, 2018
Notes
Note 2 - Related Party Transactions	Note 2—Related Party Transactions Effective October 1, 2005, we began paying a management consulting fee to Minera Teles Pires Inc., a company controlled by the CGO and director of the Company. The agreement provides a fixed fee of $10,000 per month of which $5,000 is paid in cash and the other $5,000 deferred until financing is obtained by us. Additionally, the agreement provides for a payment of $1,500 per month for office rent and expenses. During the nine months ended December 31, 2018, we incurred $103,749 in management fees and rent from Minera Teles Pires Inc. As of December 31, 2018, we owed Minera Teles Pires $790,691 for management fees and out of pocket expenses. Effective February 24, 2012, we began paying consulting fees to Jerikodie, Inc., a company controlled by our President and CEO and a director of the Company. The agreement provides a fixed fee of $9,000 per month plus approved expenses. During the nine months ended December 31, 2018 we incurred $85,860 in fees from Jerikodie, Inc. As of December 31, 2018, we owed Jerikodie, Inc. $593,303 for consulting fees and out of pocket expenses. On March 19, 2013 , the Company entered into an agreement with Wm Chris Mathers to compensate Mr. Mathers as the Company’s CFO and agreed to pay Mr. Mathers cash in the amount of $3,000 per month. During the nine months ended December 31, 2018, we incurred $27,000 in compensation to Mr. Mathers. As of December 31, 2018, we owed Mr. Mathers $148,000 for consulting fees.

Note 3 - Mineral Properties

Note 3 - Mineral Properties	9 Months Ended
	Dec. 31, 2018
Notes
Note 3 - Mineral Properties	Note 3 — Mineral Properties On September 26, 2012, the Company was re-organized with North Homestake Mining Company. With this re-organization, the Company acquired 84 unpatented lode mining claims covering approximately 1,600 acres known as the Blind Gold Property located in the Black Hills of South Dakota. On December 28, 2012, the Company acquired 57 unpatented lode mining claims covering approximately 853 acres known as the West False Bottom Creek and Paradise Gulch Claim Group, the City Creek Claims Group, and the Homestake Paleoplacer Claims Group, all located in the Black Hills of South Dakota. The West False Bottom Creek and Paradise Gulch Claims were contiguous to the Blind Gold Property and have been incorporated into the Blind Gold Property. The purchase price was 1,000,000 restricted common shares valued at $0.15 per share, or $150,000. On February 24, 2014 the Company acquired surface and mineral title to the 26.16 acres of the Squaw and Rubber Neck Lodes that comprise Mineral Survey 1706 in the Black Hills of South Dakota. Located immediately to the north and adjoining the Company’s Paleoplacer Property, Mineral Survey 1706 was explored by Homestake Mining Company in the late 1980’s. The Company is required to make annual lease payments of $8,000 for a period of 5 years, of which $8,000 was due upon execution of the agreement. The Company has an option to purchase the mineral property for $120,000. On March 3, 2014 , On April 5, 2017 the Company acquired options to purchase a combination of surface and mineral titles to 284 acres in the Homestake District of the Northern Black Hills of South Dakota. The acquisition included 61 acres located immediately south and contiguous with our City Creek Property; 82 acres located approximately one half mile south of our Blind Gold Property at the western fringe of the historic Maitland Gold Mine; and 141 acres located immediately north and contiguous to our Homestake Paleoplacer Property. The Company is required to make annual lease payments totaling $20,000 for a period of 5 years, of which $20,000 was due upon execution of the agreement. The Company has an option to purchase the mineral properties for total price of $626,392. As of December 31, 2018, the Company is not current on the lease payments. On November 19, 2018 the Company announced the staking of 42 unpatented lode mining claims covering approximately 718 acres located immediately to the north and adjacent to the Company’s City Creek Property. The acquisition was based on recently completed inversion modeling of its geophysical survey data. Through this staking, the City Creek project area was expanded from approximately 449 acres to 1,167 acres and the Company’s overall land holdings in the Homestake District were increased 3,341 acres to approximately 4,059 acres in total. As of December 31, 2018 and March 31, 2018, the total capitalized cost in mineral properties was $216,104. The Company plans to commence an exploratory program on these mineral properties as soon as financing can be arranged.

Note 4 - Notes Payable

Note 4 - Notes Payable	9 Months Ended
	Dec. 31, 2018
Notes
Note 4 - Notes Payable	Note 4 — Notes Payable The promissory notes payable are unsecured and bear interest at 5% per annum. They are due on demand: Date Maturity Interest rate Principal Interest Total Nov 15, 2005 On demand 5% per annum $ 82,775 $ 53,307 $ 136,082 Dec 01, 2005 On demand 5% per annum $ 18,800 $ 12,107 $ 30,907 Jan 06, 2006 On demand 5% per annum $ 100,000 $ 64,400 $ 164,400 Jul 14, 2006 On demand 5% per annum $ 103,975 $ 66,961 $ 170,936 Total $ 305,550 $ 196,775 $ 502,325 As of December 31, 2018, the interest amount has been accrued but is unpaid. Notes Payable to Related Party The Company had 11 notes payable to its CGO pursuant to advances which had historically been made by the CGO. The notes were dated between March 2011 and August 2012, were unsecured, ranged in amount from $10,000 to $50,000, and bore interest at 12% per On August 26, 2016, the Company issued a note payable in the amount of On September 15, 2016, the Company issued a note payable in the amount of the purpose of funding ongoing operating expenses. The note bears annual interest of 4% and was due and payable on December 14, 2016 . This loan remains outstanding as of the date of this filing. On August 10, 2018 , the Company issued a note payable in the amount of $10,500 to Jerikodie, Inc., a Company controlled by our President and CEO, for the purpose of funding ongoing operating expenses. The note bears interest of 3% and is due and payable immediately upon closing its first financing . During the nine months ended December 31, 2018, we received an advance from our CGO in the amount of $7,000 for working capital.

Note 5 - Convertible Notes Paya

Note 5 - Convertible Notes Payable	9 Months Ended
	Dec. 31, 2018
Notes
Note 5 - Convertible Notes Payable	Note 5 — Convertible Notes Payable On August 14, 2008, the Company executed a however,

Note 6 - Line of Credit

Note 6 - Line of Credit	9 Months Ended
	Dec. 31, 2018
Notes
Note 6 - Line of Credit	Note 6—Line of Credit The Company executed a Line of Credit with Wells Fargo Bank in California. The Line of Credit allows the Company to borrow up to $47,500 . The Line of Credit bears interest at 7.75% per annum, is unsecured , and due on demand . The balance on this Line of Credit at December 31, 2018 was approximately $36,400. The line of credit is guaranteed by an officer.

Note 7 - Common Stock

Note 7 - Common Stock	9 Months Ended
	Dec. 31, 2018
Notes
Note 7 - Common Stock	Note 7—Common Stock Our authorized capital stock consists of 300,000,000 shares of common stock, with a par value of $0.001 per share, and 10,000,000 preferred shares with a par value of $0.001 per share. On May 21, 2018, the Board approved the issuance of 1,300,000 common stock plan options with an exercise price of $0.08 per share. The options were granted to replace Mr. Mathers 1,000,000 options which expired on March 19, 2018. The term of the new options is 7 years and vest immediately. The Black-Scholes pricing model was used to estimate the fair value of the 1,300,000 options issued during the period, using the assumptions of a risk free interest rate of 1.1%, dividend yield of 0%, volatility of 295%, and an expected life of 7 years. We have determined these options to have an approximate fair value of $91,000. These options have been expensed in full during the quarter ended June 30, 2018. On August 21, 2018, the Company completed a sale of our restricted common shares to a private investor. The Company sold a total of 750,000 shares of restricted common stock at a price of $0.10 per share for an aggregate amount of $75,000 received by the Company. In addition, the Company issued a Warrant to purchase an additional 750,000 shares of our restricted common stock at an exercise price of $0.10 per share on or before August 20, 2019. We have determined that the 750,000 common stock warrants have an approximate fair value of $20,100. The Black-Scholes pricing model was used to estimate the fair value of the 750,000 warrants issued during the period, using the assumptions of a risk free interest rate of 1.1%, dividend yield of 0%, volatility of 291%, and an expected life of one year. The warrant has not been exercised. At December 31, 2018 Common Stock Options and Warrants A summary of the Company's stock option activity and related information for the two year period ended December 31, 2018 is as follows: Options Price Range Weighted Average Remaining Life (Years) Outstanding March 31, 2017 7,350,000 $ 0.06 – 0.14 6.78 Granted - - - Cancelled/Expired (1,000,000) $ 0.14 - Exercised - - - Outstanding March 31, 2018 6,350,000 0.06 – 0.13 6.69 Granted 1,300,000 $ 0.07 6.69 Cancelled/Expired - - - Exercised - - - Outstanding December 31, 2018 7,650,000 0.06 – 0.13 6.69 A summary of the Company's stock warrant activity and related information for the two year period ended December 31, 2018 is as follows: Warrants Price Range Weighted Average Remaining Life (Years) Outstanding March 31, 2017 1,500,000 $ 0.11 0.17 Granted - - - Cancelled/Expired (1,500,000) 0.11 0.17 Exercised - - - Outstanding March 31, 2018 - - - Granted 750,000 $ 0.10 0.10 Outstanding December 31, 2018 750,000 $ 0.10 0.10

Note 8 - Consulting agreement

Note 8 - Consulting agreement	9 Months Ended
	Dec. 31, 2018
Notes
Note 8 - Consulting agreement	Note 8 – Consulting agreement On October 2, 2018, the Company entered into a geological consulting agreement with an individual. As consideration for the consulting agreement, the Company granted this individual 300,000 shares of Common Stock at a price $0.03 per share, or $9,000 total consideration.

Subsequent Events

Subsequent Events	9 Months Ended
	Dec. 31, 2018
Notes
Subsequent Events	Note 9 – Subsequent events On December 29, 2018 , the Company issued a note payable to an entity controlled by its CEO in the amount of $10,000 for ongoing operating expenses. The funds were received by the Company subsequent to December 31, 2018. On January 2, 2019 , the Company entered into a Strategic Advisory agreement with an individual . As consideration for this position, the Company granted this individual 300,000 , 10-year common stock options at an exercise price of $0.08 per share. These options will be valued using the Black-Scholes model in the period ending March 31, 2019. On January 2, 2019 , the Company’s Board of Directors consented to reprice 900,000 Incentive Plan options previously granted at $0.13 per share in March 2015 to three individuals. By Board consent, these options have been repriced at $0.08 per share. These options will be valued using the Black-Scholes model in the period ending March 31, 2019. On February 5, 2019 , the Company entered into an agreement for legal services in regards to various Corporate and securities law matters. In consideration of services to be performed, the Company has agreed to pay a monthly fee of $2,000 in cash and issue upon the date hereof a warrant to purchase up to 500,000 shares of our common stock, at the exercise price of $0.08 per share, on or before December 31, 2024. Effective February 5, 2019, and continuing on the first day of each subsequent calendar month thereafter, 41,667 shares of our common stock shall vest and become exercisable under this warrant (all 500,000 shares shall vest on January 1, 2020), provided that on such vesting date, our legal engagement with us has not been terminated by us. Between January 2019 and February 2019, Dakota Territory Resource Corp. sold for $230,000 in cash an aggregate of 2,300,000 shares of common stock , $0.001 par value, and warrants to purchase an aggregate of 2,300,000 shares of Common Stock at a purchase price of $0.10 per share on or before June 30, 2020. These shares of Common Stock and Warrants were issued pursuant to the exemption from registration contained in to Section 4(a)(2) of the Securities Act as privately negotiated, isolated, non-recurring transactions not involving any public offering or solicitation. Each purchaser represented that such purchaser’s intention to acquire the shares for investment only and not with a view toward distribution. None of the securities were sold through an underwriter and, accordingly, there were no underwriting discounts or sales commissions involved.

Note 4 - Notes Payable_ Schedul

Note 4 - Notes Payable: Schedule of Debt (Tables)	9 Months Ended
	Dec. 31, 2018
Tables/Schedules
Schedule of Debt	Date Maturity Interest rate Principal Interest Total Nov 15, 2005 On demand 5% per annum $ 82,775 $ 53,307 $ 136,082 Dec 01, 2005 On demand 5% per annum $ 18,800 $ 12,107 $ 30,907 Jan 06, 2006 On demand 5% per annum $ 100,000 $ 64,400 $ 164,400 Jul 14, 2006 On demand 5% per annum $ 103,975 $ 66,961 $ 170,936 Total $ 305,550 $ 196,775 $ 502,325

Note 7 - Common Stock_ Schedule

Note 7 - Common Stock: Schedule of Share-based Compensation, Stock Options, Activity (Tables)	9 Months Ended
	Dec. 31, 2018
Tables/Schedules
Schedule of Share-based Compensation, Stock Options, Activity	Options Price Range Weighted Average Remaining Life (Years) Outstanding March 31, 2017 7,350,000 $ 0.06 – 0.14 6.78 Granted - - - Cancelled/Expired (1,000,000) $ 0.14 - Exercised - - - Outstanding March 31, 2018 6,350,000 0.06 – 0.13 6.69 Granted 1,300,000 $ 0.07 6.69 Cancelled/Expired - - - Exercised - - - Outstanding December 31, 2018 7,650,000 0.06 – 0.13 6.69

Note 7 - Common Stock_ Schedu_2

Note 7 - Common Stock: Schedule of Share-based Compensation, Warrants, Activity (Tables)	9 Months Ended
	Dec. 31, 2018
Tables/Schedules
Schedule of Share-based Compensation, Warrants, Activity	Warrants Price Range Weighted Average Remaining Life (Years) Outstanding March 31, 2017 1,500,000 $ 0.11 0.17 Granted - - - Cancelled/Expired (1,500,000) 0.11 0.17 Exercised - - - Outstanding March 31, 2018 - - - Granted 750,000 $ 0.10 0.10 Outstanding December 31, 2018 750,000 $ 0.10 0.10

Note 2 - Related Party Transa_2

Note 2 - Related Party Transactions (Details)	9 Months Ended
	Dec. 31, 2018
Transaction 1
Related Party Transaction, Date	Oct. 1, 2005
Related Party Transaction, Description of Transaction	we began paying a management consulting fee to Minera Teles Pires Inc.
Transaction 2
Related Party Transaction, Date	Feb. 24, 2012
Related Party Transaction, Description of Transaction	we began paying consulting fees to Jerikodie, Inc.
Transaction 3
Related Party Transaction, Date	Mar. 19, 2013
Related Party Transaction, Description of Transaction	Company entered into an agreement with Wm Chris Mathers to compensate Mr. Mathers as the Company’s CFO

Note 3 - Mineral Properties (De

Note 3 - Mineral Properties (Details) - USD ($)	Dec. 31, 2018	Mar. 31, 2018
Details
Mineral Properties, Net	$ 216,104	$ 216,104

Note 4 - Notes Payable_ Sched_2

Note 4 - Notes Payable: Schedule of Debt (Details)	9 Months Ended
	Dec. 31, 2018USD ($)
Note1
Debt Instrument, Issuance Date	Nov. 15, 2005
Debt Instrument, Payment Terms	On demand
Debt Instrument, Interest Rate, Stated Percentage	5.00%
Debt Instrument, Face Amount	$ 82,775
Debt Instrument, Interest	53,307
Long-term Debt	$ 136,082
Note2
Debt Instrument, Issuance Date	Dec. 1, 2005
Debt Instrument, Payment Terms	On demand
Debt Instrument, Interest Rate, Stated Percentage	5.00%
Debt Instrument, Face Amount	$ 18,800
Debt Instrument, Interest	12,107
Long-term Debt	$ 30,907
Note3
Debt Instrument, Issuance Date	Jan. 6, 2006
Debt Instrument, Payment Terms	On demand
Debt Instrument, Interest Rate, Stated Percentage	5.00%
Debt Instrument, Face Amount	$ 100,000
Debt Instrument, Interest	64,400
Long-term Debt	$ 164,400
Note4
Debt Instrument, Issuance Date	Jul. 14, 2006
Debt Instrument, Payment Terms	On demand
Debt Instrument, Interest Rate, Stated Percentage	5.00%
Debt Instrument, Face Amount	$ 103,975
Debt Instrument, Interest	66,961
Long-term Debt	170,936
Total
Debt Instrument, Face Amount	305,550
Debt Instrument, Interest	196,775
Long-term Debt	$ 502,325

Note 4 - Notes Payable_ Notes P

Note 4 - Notes Payable: Notes Payable to Related Party (Details)	9 Months Ended
	Dec. 31, 2018USD ($)
Note issued on August 26, 2016
Debt Instrument, Issuance Date	Aug. 26, 2016
Debt Instrument, Description	Company issued a note payable in the amount of
Debt Instrument, Face Amount	$ 25,000
Debt Instrument, Interest Rate, Stated Percentage	3.00%
Debt Instrument, Payment Terms	was due and payable on
Debt Instrument, Maturity Date	Oct. 26, 2016
Note issued on September 15, 2016
Debt Instrument, Issuance Date	Sep. 15, 2016
Debt Instrument, Description	Company issued a note payable in the amount of
Debt Instrument, Face Amount	$ 30,000
Debt Instrument, Interest Rate, Stated Percentage	4.00%
Debt Instrument, Payment Terms	was due and payable on
Debt Instrument, Maturity Date	Dec. 14, 2016
Note issued on August 10, 2018
Debt Instrument, Issuance Date	Aug. 10, 2018
Debt Instrument, Description	Company issued a note payable in the amount of
Debt Instrument, Face Amount	$ 10,500
Debt Instrument, Interest Rate, Stated Percentage	3.00%
Debt Instrument, Payment Terms	is due and payable immediately upon closing its first financing

Note 5 - Convertible Notes Pa_2

Note 5 - Convertible Notes Payable (Details) - Convertible Note Payable	9 Months Ended
	Dec. 31, 2018USD ($)
Debt Instrument, Issuance Date	Aug. 14, 2008
Debt Instrument, Description	the Company executed a
Debt Instrument, Interest Rate, Stated Percentage	5.00%
Debt Instrument, Face Amount	$ 100,000
Debt Instrument, Maturity Date	Aug. 13, 2010
Debt Instrument, Debt Default, Description of Violation or Event of Default	The note is now due and payable; however, the lender has to date made no request for payment.

Note 6 - Line of Credit (Detail

Note 6 - Line of Credit (Details)	9 Months Ended
	Dec. 31, 2018USD ($)
Details
Line of Credit Facility, Description	Company executed a Line of Credit with Wells Fargo Bank in California.
Line of Credit Facility, Maximum Borrowing Capacity	$ 47,500
Line of Credit Facility, Interest Rate During Period	7.75%
Line of Credit Facility, Collateral	unsecured
Line of Credit Facility, Covenant Terms	due on demand

Note 7 - Common Stock (Details)

Note 7 - Common Stock (Details) - $ / shares	Dec. 31, 2018	Mar. 31, 2018
Details
Common Stock, Shares Authorized	300,000,000	300,000,000
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares, Issued	60,916,787	59,566,787

Note 7 - Common Stock_ Schedu_3

Note 7 - Common Stock: Schedule of Share-based Compensation, Stock Options, Activity (Details)	9 Months Ended	12 Months Ended
	Dec. 31, 2018$ / sharesshares	Mar. 31, 2018$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Beginning Balance	6,350,000	7,350,000
Share-based compensation arrangement by share-based payment award, Options outstanding, Weighted Average Remaining Life in Years	6.69	6.78
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	1,300,000	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Expirations in Period	0	(1,000,000)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	0	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance	7,650,000	6,350,000
Share-based compensation arrangement by share-based payment award, Options outstanding, Weighted Average Remaining Life in Years	6.69	6.69
Minimum
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Beginning Balance | $ / shares	$ 0.06	$ 0.06
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance | $ / shares	0.06	0.06
Maximum
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Beginning Balance | $ / shares	0.13	0.14
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance | $ / shares	$ 0.13	$ 0.13

Note 7 - Common Stock_ Schedu_4

Note 7 - Common Stock: Schedule of Share-based Compensation, Warrants, Activity (Details)	9 Months Ended	12 Months Ended
	Dec. 31, 2018$ / sharesshares	Mar. 31, 2018$ / sharesshares
Details
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Outstanding, Number	0	1,500,000
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Weighted Average Grant Date Fair Value, Beginning Balance | $ / shares	$ 0	$ 0.11
Share-based compensation arrangement by share-based payment award,Warrants, Weighted Average Remaining Life in Years, Starting Balance	0	0.17
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Granted	750,000	0
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Expirations		(1,500,000)
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Exercised		0
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Outstanding, Number	750,000	0
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Weighted Average Grant Date Fair Value, Ending Balance | $ / shares	$ 0.10	$ 0
Share-based compensation arrangement by share-based payment award,Warrants, Weighted Average Remaining Life in Years, Ending Balance	0.10	0

Note 8 - Consulting agreement (

Note 8 - Consulting agreement (Details) - USD ($)	Dec. 31, 2018	Jul. 19, 2018	Mar. 31, 2018
Details
Shares, Issued		300,000
Share Price		$ 0.03
Common Stock	$ 60,917	$ 9,000	$ 59,567

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	9 Months Ended
	Dec. 31, 2018	Jul. 19, 2018	Mar. 31, 2018
Shares, Issued		300,000
Common Stock, Par or Stated Value Per Share	$ 0.001		$ 0.001
Event 1
Subsequent Event, Date	Dec. 29, 2018
Subsequent Event, Description	Company issued a note payable to an entity controlled by its CEO in the amount of $10,000
Debt Instrument, Description	note payable
Debt Instrument, Face Amount	$ 10,000
Event 2
Subsequent Event, Date	Jan. 2, 2019
Subsequent Event, Description	Company entered into a Strategic Advisory agreement with an individual
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	300,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 0.08
Event 3
Subsequent Event, Date	Jan. 2, 2019
Subsequent Event, Description	Company’s Board of Directors consented to reprice 900,000 Incentive Plan options
Event 4
Subsequent Event, Date	Feb. 5, 2019
Subsequent Event, Description	Company entered into an agreement for legal services
Event 5
Subsequent Event, Description	Dakota Territory Resource Corp. sold for $230,000 in cash an aggregate of 2,300,000 shares of common stock
Sale of Stock, Description of Transaction	Dakota Territory Resource Corp. sold for $230,000 in cash an aggregate of 2,300,000 shares of common stock
Stock Issued	$ 230,000
Shares, Issued	2,300,000
Common Stock, Par or Stated Value Per Share	$ 0.001
Event 5 | Minimum
Subsequent Event, Date	Jan. 1, 2019
Event 5 | Maximum
Subsequent Event, Date	Feb. 28, 2019