Dakota Territory Resource (DTRC) 10-Q 14 Nov 19 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Sep. 30, 2019	Nov. 12, 2019
Details
Registrant CIK	0001182737
Fiscal Year End	--03-31
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2019
Document Transition Report	false
Entity File Number	000-501191
Entity Registrant Name	Dakota Territory Resource Corp
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	98-0201259
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	NV
Entity Address, Postal Zip Code	89503
Entity Address, Address Description	Address of principal executive offices
City Area Code	775
Local Phone Number	747-0667
Phone Fax Number Description	Registrant’s telephone number, including area code
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		64,916,787
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2

Balance Sheets (Unaudited)

Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2019	Mar. 31, 2019
Current Assets
Cash and cash equivalents	$ 74,165	$ 152,590
Note receivable from related party	0	0
Prepaid Expense and Other Assets, Current	82,250	8,851
Total current assets	156,415	161,441
Other assets	0	0
Mineral Properties, Net	216,104	216,104
Total assets	372,519	377,545
LIABILITIES AND SHAREHOLDERS' (DEFICIT) EQUITY
Accounts Payable and Accrued Liabilities, Current	256,474	325,896
Accounts payable, related party	1,801,629	1,600,659
Line of credit	32,692	35,165
Notes payable	0	0
Note payable to related party	325,645	325,645
Convertible notes payable	0	0
Derivative Liability, Current	0	0
Liabilities, Current	2,416,440	2,287,365
Liabilities	2,416,440	2,287,365
Shareholders' deficit:
Preferred Stock	0	0
Common Stock, Value, Issued	64,917	63,217
Additional paid-in capital	2,587,971	2,391,945
Accumulated deficit	(4,696,809)	(4,364,982)
Total shareholders' deficit	(2,043,921)	(1,909,820)
Total liabilities and shareholders' deficit	$ 372,519	$ 377,545

Balance Sheets (Unaudited) - Pa

Balance Sheets (Unaudited) - Parenthetical - $ / shares	Sep. 30, 2019	Mar. 31, 2019
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	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	64,916,787	63,216,787
Common Stock, Shares, Outstanding	64,916,787	63,216,787

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Operating expenses:
Exploration costs	$ 39,158	$ 21,855	$ 31,158	$ 21,855
General and administrative expenses	286,460	294,659	157,617	106,262
Total operating expenses	325,618	316,514	188,775	128,117
Operating loss	(325,618)	(316,514)	(188,775)	(128,117)
Other Nonoperating Income (Expense)
Interest expense	(6,209)	(16,822)	(2,942)	(8,228)
Total other income (expense)	(6,209)	(16,822)	(2,942)	(8,228)
Net Income (Loss)	$ (331,827)	$ (333,336)	$ (191,717)	$ (136,345)
Net loss per share:
Basic and diluted net loss per common share	$ (0.01)	$ (0.01)	$ 0	$ 0
Basic and diluted weighted-average common shares outstanding	60,203,332	59,566,787	62,619,787	59,566,787

Statements of Changes in Shareh

Statements of Changes in Shareholders' Deficit - 6 months ended Sep. 30, 2019 - USD ($)	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	Total
Equity Balance, Starting at Mar. 31, 2019	$ 0	$ 63,217	$ 2,391,945	$ (4,364,982)	$ (1,909,820)
Shares Outstanding, Starting at Mar. 31, 2019	0	63,216,787
Shares Granted, Value, Share-based Payment Arrangement, after Forfeiture	$ 0	$ 0	13,026	0	13,026
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	0	0
Cancellation of shares	$ 0	$ (300)	300	0	0
Cancellation of shares	0	(300,000)
Stock Issued During Period, Value, Purchase of Assets	$ 0	$ 1,000	83,700	0	84,700
Stock Issued During Period, Shares, Purchase of Assets	0	1,000,000
Stock Issued During Period, Value, New Issues	$ 0	$ 1,000	99,000	0	100,000
Stock Issued During Period, Shares, New Issues	0	1,000,000
Net Income (Loss)	$ 0	$ 0	0	(331,829)	(331,829)
Shares Outstanding, Ending at Sep. 30, 2019	0	64,916,787
Equity Balance, Ending at Sep. 30, 2019	$ 0	$ 64,917	$ 2,587,971	$ (4,696,811)	$ (2,043,923)

Statements of Changes in Shar_2

Statements of Changes in Shareholders' Deficit - Parenthetical - $ / shares	Sep. 30, 2019	Mar. 31, 2019
Details
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	300,000,000	300,000,000

Statements of Cash Flows

Statements of Cash Flows - USD ($)	6 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Net Cash Provided by (Used in) Operating Activities
Net Income (Loss)	$ (331,827)	$ (333,336)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock based comp	13,026	0
Adjustments to reconcile net loss to net cash used in operating activities:
Prepaid expenses and other assets	11,301	(4,235)
Shares issued for services	0	99,991
Accounts payable & accrued liabilities	(69,422)	(37,578)
Accounts payable, related party	200,970	202,378
Net cash used in operating activities	(175,952)	(72,780)
Cash Flows From Investing Activities:
Repayment (Issuance) of note receivable to related party	0	0
Debt Extinguishment	0
Investment in mineral properties	0	0
Net cash used in investing activities	0	0
Cash flows from financing activities:
Proceeds from the issuance of note payable - related party	0	17,500
Proceeds from stock subscription agreement	0	0
Proceeds from the issuance of common stock	100,000	75,000
Proceeds from (repayments of) line of credit	(2,473)	(70)
Net cash provided by financing activities	97,527	92,430
Net increase (decrease) in cash	(78,425)	19,650
Cash and cash equivalents	152,590	19,981
Cash and cash equivalents	74,165	39,631
Supplemental Disclosure of Cashflow Information
Interest paid	0	0
Taxes paid	0	0
Supplemental Disclosure of Non cash Investing and Financing Activities
Common stock issued for prepaid services	84,700	0
Debt discount on convertible note	$ 0	$ 0

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Sep. 30, 2019
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, 2019 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, 2019 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.

Note 2 - Related Party Transact

Note 2 - Related Party Transactions	6 Months Ended
	Sep. 30, 2019
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 Chief Geological Officer (“CGO”) and director of the Company. The agreement provides a fixed fee of $10,000 per month of which $5,000 is paid 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 six months ended September 30, 2019, we incurred approximately $69,000 in management fees and rent from Minera Teles Pires Inc. As of September 30, 2019, we owed Minera Teles Pires approximately $894,000 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 CEO, President and a director of the Company. The agreement provides a fixed fee of $9,000 per month plus approved expenses. During the six months ended September 30, 2019, we incurred approximately $56,000 in consulting fees from Jerikodie, Inc. As of June 30, 2019, we owed Jerikodie, Inc. approximately $682,000 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 $1,000 per month increasing to $2,000 per month on September 1, 2013 and to $3,000 per month on March 1, 2014. During the six months ended September 30, 2019, we incurred $9,000 in compensation to Mr. Mathers. As of September 30, 2019, we owed Mr. Mathers $151,000 for consulting fees.

Note 3 - Mineral Properties

Note 3 - Mineral Properties	6 Months Ended
	Sep. 30, 2019
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, the Company completed the acquisition of approximately 565.24 mineral acres in the Northern Black Hills of South Dakota. The acquisition increased our mineral interests in the Homestake District by nearly 23%, to over 3,057 acres. As part of the property acquisition, the Company purchased an additional 64.39 mineral acres located immediately southwest and contiguous to our Paleoplacer Property, including mineral title to the historic Gustin, Minerva and Deadbroke Gold Mines. The three mines were the last of a string of mines that produced ores from fossil gold placers derived from the Homestake Lode and are located at the point where the channel disappears under the cover of younger sedimentary and intrusive rocks approximately one mile north of the Homestake Open Cut source. With this acquisition the Company consolidated and extended the Paleoplacer Property position to a distance extending approximately 3,100 feet along the south to north trend of the channel. The purchase price of the mineral interests was $33,335. 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 March 31, 2019 the Company is current on all required annual lease payments. In November 2018, we acquired 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 from 3,341 acres to approximately 4,059 acres in total. On May 7, 2019, the Company entered into a new five-year Lease with Option to Purchase Agreement for the Squaw and Rubber Neck Lodes that comprise Mineral Survey 1706, which is a key component of the Company’s overall Homestake Paleoplacer Property in the Black Hills of South Dakota. The Company June 30, March 31, 2019 2019 Capitalized costs $ 216,104 $ 216,104 Accumulated amortization - - Impairment - - Capitalized costs, net $ 216,104 $ 216,104

Note 4 - Notes Payable

Note 4 - Notes Payable	6 Months Ended
	Sep. 30, 2019
Notes
Note 4 - Notes Payable	Note 4 — Notes Payable Notes Payable to Related Party The Company had 11 notes payable to its President pursuant to advances which had historically been made by the President. 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

Note 5 - Line of Credit

Note 5 - Line of Credit	6 Months Ended
	Sep. 30, 2019
Notes
Note 5 - Line of Credit	Note 5—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 September 30, 2019 was approximately $32,700.

Note 6 - Common Stock

Note 6 - Common Stock	6 Months Ended
	Sep. 30, 2019
Notes
Note 6 - Common Stock	Note 6—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. During the quarter ended September 30, 2019, we issued 1 million shares to an individual for services as a consultant to the Company. During the quarter ended September 30, 2019, the Company sold 1 million shares to a charitable trust in the amount of $100,000 . During the quarter ended September 30, 2019, the Company issued 300,000 5-year options with an exercise price of $0.08 per share to an individual for geological services valued at $13,026. At September 30, 2019 64,916,787 Common Stock Options and Warrants A summary of the Company's stock option activity and related information for the period ended September 30, 2019 is as follows: Options Price Range Weighted Average Remaining Life (Years) Outstanding March 31, 2019 8,450,000 $ 0.08 5.95 Granted 300,000 0.08 5 Cancelled/Expired - - - Exercised - - - Outstanding and exercisable September 30, 2019 8,750,000 0.08 5.25 A summary of the Company's stock warrant activity and related information for the period ended September 30, 2019 is as follows: Warrants Price Range Weighted Average Remaining Life (Years) Outstanding March 31, 2019 3,050,000 $ 0.10 8.22 Granted - - - Cancelled/Expired - - - Exercised - - - Outstanding and exercisable September 30, 2019 3,050,000 $ 0.10 8.22

Note 7 - Subsequent Event

Note 7 - Subsequent Event	6 Months Ended
	Sep. 30, 2019
Notes
Note 7 - Subsequent Event	Note 7—Subsequent Event On October 1, 2019 the Company announced that we had increased our land holdings through the staking of 106 unpatented lode mining claims covering approximately 2,050 acres, near the historic Tinton placer gold camp. The Company’s Tinton claim group lies approximately 10 miles west of the Homestake Gold Mine, where sizeable paleoplacer and modern placer gold deposits were derived from the iron-formation hosted gold source. The Tinton Property acquisition increased the Company’s already sizeable property portfolio in the Black Hills to over 6,100 acres of brownfields gold exploration property.

Note 3 - Mineral Properties_ Sc

Note 3 - Mineral Properties: Schedule of Exploratory Program (Tables)	6 Months Ended
	Sep. 30, 2019
Tables/Schedules
Schedule of Exploratory Program	June 30, March 31, 2019 2019 Capitalized costs $ 216,104 $ 216,104 Accumulated amortization - - Impairment - - Capitalized costs, net $ 216,104 $ 216,104

Note 6 - Common Stock_ Schedule

Note 6 - Common Stock: Schedule of Share-based Compensation, Stock Options, Activity (Tables)	6 Months Ended
	Sep. 30, 2019
Tables/Schedules
Schedule of Share-based Compensation, Stock Options, Activity	Options Price Range Weighted Average Remaining Life (Years) Outstanding March 31, 2019 8,450,000 $ 0.08 5.95 Granted 300,000 0.08 5 Cancelled/Expired - - - Exercised - - - Outstanding and exercisable September 30, 2019 8,750,000 0.08 5.25

Note 6 - Common Stock_ Schedu_2

Note 6 - Common Stock: Schedule of Share-based Compensation, Warrants, Activity (Tables)	6 Months Ended
	Sep. 30, 2019
Tables/Schedules
Schedule of Share-based Compensation, Warrants, Activity	Warrants Price Range Weighted Average Remaining Life (Years) Outstanding March 31, 2019 3,050,000 $ 0.10 8.22 Granted - - - Cancelled/Expired - - - Exercised - - - Outstanding and exercisable September 30, 2019 3,050,000 $ 0.10 8.22

Note 2 - Related Party Transa_2

Note 2 - Related Party Transactions (Details)	6 Months Ended
	Sep. 30, 2019
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_ _2

Note 3 - Mineral Properties: Schedule of Exploratory Program (Details) - USD ($)	Sep. 30, 2019	Mar. 31, 2019
Details
Capitalized costs	$ 216,104	$ 216,104
Accumulated amortization	0	0
Impairment	0	0
Capitalized costs, net	$ 216,104	$ 216,104

Note 4 - Notes Payable_ Notes P

Note 4 - Notes Payable: Notes Payable to Related Party (Details)	6 Months Ended
	Sep. 30, 2019USD ($)
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	$ 20,500

Note 5 - Line of Credit (Detail

Note 5 - Line of Credit (Details)	6 Months Ended
	Sep. 30, 2019USD ($)
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 6 - Common Stock (Details)

Note 6 - Common Stock (Details) - USD ($)	3 Months Ended
	Sep. 30, 2019	Mar. 31, 2019
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	64,916,787	63,216,787
Transaction #1
Sale of Stock, Description of Transaction	we issued 1 million shares to an individual for services
Stock Issued During Period, Shares, New Issues	1,000,000
Transaction #2
Sale of Stock, Description of Transaction	the Company sold 1 million shares to a charitable trust
Stock Issued During Period, Shares, New Issues	1,000,000
Stock Issued	$ 100,000
Transaction #3
Sale of Stock, Description of Transaction	the Company issued 300,000 5-year options with an exercise price of $0.08 per share

Note 6 - Common Stock_ Schedu_3

Note 6 - Common Stock: Schedule of Share-based Compensation, Stock Options, Activity (Details)	6 Months Ended
	Sep. 30, 2019$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Beginning Balance	8,450,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Beginning Balance | $ / shares	$ 0.08
Share-based compensation arrangement by share-based payment award, Options outstanding, Weighted Average Remaining Life in Years	5.95
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	300,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Expirations in Period	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance	8,750,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance | $ / shares	$ 0.08
Share-based compensation arrangement by share-based payment award, Options outstanding, Weighted Average Remaining Life in Years	5.25

Note 6 - Common Stock_ Schedu_4

Note 6 - Common Stock: Schedule of Share-based Compensation, Warrants, Activity (Details)	6 Months Ended
	Sep. 30, 2019$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Outstanding, Number	3,050,000
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Weighted Average Grant Date Fair Value, Beginning Balance | $ / shares	$ 0.10
Share-based compensation arrangement by share-based payment award,Warrants, Weighted Average Remaining Life in Years, Starting Balance	8.22
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Granted	0
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Expirations	0
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Exercised	0
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Outstanding, Number	3,050,000
Share-based Compensation Arrangement by Share-based Payment Award, Warrants, Weighted Average Grant Date Fair Value, Ending Balance | $ / shares	$ 0.10
Share-based compensation arrangement by share-based payment award,Warrants, Weighted Average Remaining Life in Years, Ending Balance	8.22

Note 7 - Subsequent Event (Deta

Note 7 - Subsequent Event (Details) - Event 1	6 Months Ended
	Sep. 30, 2019
Subsequent Event, Date	Oct. 1, 2019
Subsequent Event, Description	Company announced that we had increased our land holdings