Royal Mines and Minerals (RYMM) 10-Q 17 Mar 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Jan. 31, 2014	Mar. 17, 2014
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Jan-14	'
Trading Symbol	'rymm	'
Entity Registrant Name	'ROYAL MINES & MINERALS CORP	'
Entity Central Index Key	'0001371424	'
Current Fiscal Year End Date	'--04-30	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	212,813,141
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Well Known Seasoned Issuer	'No	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'

BALANCE_SHEETS

BALANCE SHEETS (USD $)	Jan. 31, 2014	Apr. 30, 2013
Current assets:	'	'
Cash	$20,397	$13,706
Prepaid expenses	7,500	10,500
Other current assets	29,537	1,037
Total current assets	57,434	25,243
Loan receivable	0	983,055
Investment in marketable securities	380,000	0
Property and equipment, net	159,672	237,801
Other assets	16,240	10,985
Total assets	613,346	1,257,084
Current liabilities:	'	'
Accounts payable	176,984	140,669
Accounts payable - related parties	181,083	447,516
Accrued interest	39,627	34,259
Accrued interest - related parties	107,484	63,394
Loans payable	248,030	248,030
Loans payable - related parties	258,000	797,877
Total current liabilities	1,011,208	1,731,745
Notes payable	50,000	50,000
Deferred rent	28,115	35,804
Total liabilities	1,089,323	1,817,549
Stockholders' deficit:	'	'
Preferred stock, $0.00, par value; 100,000,000 shares authorized, zero shares issued and outstanding	0	0
Common stock, $0.001 par value; 900,000,000 shares authorized, 212,813,141 and 185,593,141 shares issued and outstanding, respectively	212,813	185,593
Additional paid-in capital	15,480,042	13,603,775
Accumulated deficit during exploration stage	-15,548,832	-14,349,833
Accumulated other comprehensive loss	-620,000	0
Total stockholders' deficit	-475,977	-560,465
Total liabilities and stockholders' deficit	$613,346	$1,257,084

BALANCE_SHEETS_Parenthetical

BALANCE SHEETS (Parenthetical) (USD $)	Jan. 31, 2014	Apr. 30, 2013
Preferred Stock, Par Value Per Share	$0	$0
Preferred Stock, Shares Authorized	100,000,000	100,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par Value Per Share	$0.00	$0.00
Common Stock, Shares Authorized	900,000,000	900,000,000
Common Stock, Shares, Issued	212,813,141	185,593,141
Common Stock, Shares, Outstanding	212,813,141	185,593,141

STATEMENTS_OF_OPERATIONS

STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended		98 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014
Revenue	$0	$0	$0	$0	$138,537
Operating expenses:	'	'	'	'	'
Depreciation and amortization	26,039	26,045	78,129	77,950	699,639
Impairment of mineral properties	0	-310	0	38,400	63,400
Impairment of intellectual property	0	150,000	0	150,000	200,000
Bad debt expense	0	0	0	0	14,041
Gain on sale of fixed asset	0	0	0	0	-11,500
Gain on settlement of accounts payable	0	-1,613	0	-1,613	-1,613
Total operating expenses	198,862	336,742	1,131,957	1,011,068	15,444,362
Loss from operations	-198,862	-336,742	-1,131,957	-1,011,068	-15,305,825
Other income (expense):	'	'	'	'	'
Interest and other income	0	0	12	0	103,838
Interest expense	-13,731	-19,312	-67,054	-48,510	-346,845
Total other income (expense)	-13,731	-19,312	-67,042	-48,510	-243,007
Net loss	-212,593	-356,054	-1,198,999	-1,059,578	-15,548,832
Other comprehensinve loss:	'	'	'	'	'
Unrealized gain (loss) on marketable securities	80,000	0	-620,000	0	-620,000
Total other comprehensive income loss:	80,000	0	-620,000	0	-620,000
Comprehensive income (loss)	-132,593	-356,054	-1,818,999	-1,059,578	-16,168,832
Net income (loss) per common share - basic	$0	$0	($0.01)	($0.01)	'
Weighted average common shares outstanding - basic	207,476,619	185,571,402	192,887,634	185,519,228	'
General [Member]	'	'	'	'	'
Operating expenses:	'	'	'	'	'
Mineral exploration and evaluation expenses	80,294	91,672	328,805	480,849	5,051,343
General and administrative	41,529	19,948	218,451	107,482	3,396,337
Related Party [Member]	'	'	'	'	'
Operating expenses:	'	'	'	'	'
Mineral exploration and evaluation expenses	15,000	0	45,000	5,000	869,500
General and administrative	$36,000	$51,000	$461,572	$153,000	$5,163,215

STATEMENTS_OF_CASH_FLOWS

STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended		98 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES	'	'	'
Net loss	($1,198,999)	($1,059,578)	($15,548,832)
Adjustments to reconcile net loss to cash used in operating activities:	'	'	'
Depreciation and amortization	78,129	77,950	699,639
Impairment of mineral properties	0	38,400	63,400
Impairment of intellectual property	0	150,000	200,000
Stock-based expenses	542,487	0	5,381,034
Allowance for bad debt	0	0	14,041
Gain on sale of fixed asset	0	0	-11,500
Gain on settlement of accounts payable	0	-1,613	-1,613
Changes in operating assets and liabilities:	'	'	'
Prepaid expenses	3,000	2,669	5,061
Other assets	-33,755	-9,814	-59,818
Accounts payable	36,315	47,028	687,348
Accounts payable - related parties	43,567	45,000	425,457
Accrued liabilities	0	-5,000	-9,127
Accrued interest	16,368	8,084	50,627
Accrued interest - related parties	49,090	38,506	281,728
Deferred rent	-7,689	34,504	28,115
Net cash used in operating activities	-471,487	-633,864	-7,794,440
CASH FLOW FROM INVESTING ACTIVITIES	'	'	'
Reimbursement of Golden Anvil expenses	-16,945	0	-16,945
Loan receivable	0	0	-983,055
Cash paid on mineral property claims	0	310	-38,900
Cash acquired on reverse merger	0	0	2,306
Proceeds from sale of fixed assets	0	0	11,500
Purchase of fixed assets	0	0	-621,795
Net cash provided by (used in) investing activities	-16,945	310	-1,646,889
CASH FLOW FROM FINANCING ACTIVITIES	'	'	'
Proceeds from stock issuance	345,000	0	4,450,721
Payments on borrowing - related party	-127	0	-127
Proceeds from borrowings	150,000	148,030	398,030
Proceeds from borrowings - related parties	250	421,618	4,613,102
Net cash provided by financing activities	495,123	569,648	9,461,726
NET CHANGE IN CASH	6,691	-63,906	20,397
CASH AT BEGINNING OF PERIOD	13,706	70,678	0
CASH AT END OF PERIOD	20,397	6,772	20,397
NON-CASH INVESTING AND FINANCING ACTIVITIES	'	'	'
Acquisition of intellectual property for stock	0	0	200,000
Acquisition of mineral property for stock	0	0	24,500
Stock issued in reverse acquisition of Centrus Ventures Inc.	0	0	-63,195
Stock issued in satisfaction of accounts payable	0	5,000	-224,004
Stock issued in satisfaction of accounts payable - related parties	-310,000	0	-675,228
Stock issued in satisfaction of accrued interest - related parties	-5,000	0	-139,000
Stock issued in satisfaction of accrued interest	-11,000	0	-11,000
Stock issued in satisfaction of accrued liabilities	0	0	-50,000
Stock issued in satisfaction of notes payable	0	0	-40,000
Stock issued in satisfaction of loans payable, including related party	-690,000	0	-4,548,000
Unrealized loss on marketable securities	-620,000	0	-620,000
Marketable securities received as payment on loan receivable	$893,055	$0	$893,055

DESCRIPTION_OF_BUSINESS_HISTOR

DESCRIPTION OF BUSINESS, HISTORY AND SUMMARY OF SIGNIFICANT POLICIES	9 Months Ended
	Jan. 31, 2014
DESCRIPTION OF BUSINESS, HISTORY AND SUMMARY OF SIGNIFICANT POLICIES [Text Block]	'
	1	DESCRIPTION OF BUSINESS, HISTORY AND SUMMARY OF SIGNIFICANT POLICIES
	Basis of Presentation – The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America. Royal Mines and Minerals Corp’s (the “Company”) fiscal year-end is April 30.
	Description of Business – The Company is considered an exploration stage company. The Company's primary objectives are to 1) commercially extract and refine precious metals from its own and other’s leachable assets, 2) use its lixiviation processes to convert specific ore bodies and coal ash landfills/monofills into valuable assets, and 3) joint venture, acquire and develop mining projects in North America. The Company has not yet realized significant revenues from its primary objectives.
	History – The Company was incorporated on December 14, 2005 under the laws of the State of Nevada. On June 13, 2007, the Company incorporated a wholly-owned subsidiary, Royal Mines Acquisition Corp., in the state of Nevada.
	On October 5, 2007, Centrus Ventures Inc. (Centrus) completed the acquisition of Royal Mines Inc. (“Royal Mines”). The acquisition of Royal Mines was completed by way of a “triangular merger” pursuant to the provisions of the Agreement and Plan of Merger dated September 24, 2007 (the “First Merger Agreement”) among Centrus, Royal Mines Acquisition Corp. (“Centrus Sub”), a wholly owned subsidiary of Centrus, Royal Mines and Kevin B. Epp, the former sole executive officer and director of Centrus. On October 5, 2007, under the terms of the First Merger Agreement, Royal Mines was merged with and into Centrus Sub, with Centrus Sub continuing as the surviving corporation (the “First Merger”).
	On October 6, 2007, a second merger was completed pursuant to an Agreement and Plan of Merger dated October 6, 2007 (the “Second Merger Agreement”) between Centrus and its wholly owned subsidiary, Centrus Sub, whereby Centrus Sub was merged with and into Centrus, with Centrus continuing as the surviving corporation (the “Second Merger”). As part of the Second Merger, Centrus changed its name from “Centrus Ventures Inc.” to “Royal Mines And Minerals Corp.”(“the Company”). Other than the name change, no amendments were made to the Articles of Incorporation.
	Under the terms and conditions of the First Merger Agreement, each share of Royal Mines’ common stock issued and outstanding immediately prior to the completion of the First Merger was converted into one share of Centrus’ common stock. As a result, a total of 32,183,326 shares of Centrus common stock were issued to former stockholders of Royal Mines. In addition, Mr. Epp surrendered 23,500,000 shares of Centrus common stock for cancellation in consideration of payment by Centrus of $0.001 per share for an aggregate consideration of $23,500. As a result, upon completion of the First Merger, the former stockholders of Royal Mines owned approximately 69.7% of the issued and outstanding common stock.
	As such, Royal Mines is deemed to be the acquiring enterprise for financial reporting purposes. All acquired assets and liabilities of Centrus were recorded at fair value on the date of the acquisition, as required by the purchase method of accounting, and the tangible net liabilities were debited against equity of the Company. There are no continuing operations of Centrus from the date of acquisition.
	Going Concern - As of January 31, 2014, the Company has incurred cumulative net losses of $15,548,832 from operations, accumulated other comprehensive loss of $620,000 since inception, and has negative working capital of $953,774. The Company is still in the exploration stage and has not fully commenced its mining and minerals processing operations, raising substantial doubt about its ability to continue as a going concern.
	The ability of the Company to continue as a going concern is dependent on the Company raising additional sources of capital and the successful execution of the Company’s objectives. The Company will seek additional sources of capital through the issuance of debt or equity financing, but there can be no assurance the Company will be successful in accomplishing its objectives. The financial statements do not include any adjustments relating to the recoverability and classification of assets and liabilities that might be necessary should the Company be unable to continue as a going concern.
	Use of Estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
	Cash and Cash Equivalents - The Company considers all investments with an original maturity of three months or less to be a cash equivalent.
	Fair Value - ASC 825, Financial Instruments requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 825 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 825 prioritizes the inputs into three levels that may be used to measure fair value:
	Level 1
	Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.
	Level 2
	Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data of the fair value of the assets or liabilities.
	Level 3
	Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.
	Pursuant to ASC 825, the fair value of cash is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. The Company's financial instruments consist of cash, prepaid expenses, other assets, accounts payable, accrued liabilities, and loans payable. The carrying amount of these financial instruments approximates fair value due to either length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.
	Assets measured at fair value on a recurring basis were presented on the Company’s balance sheet as of January 31, 2014 as follows:
	Fair Value Measurements at January 31, 2014 Using:
		Assets:		Total Carrying Value		Quoted Marked		Significant		Significant
				as of 1/31/2014		Prices in Active		Other		Unobservable
						Markets (Level		Observable		Inputs (Level 3)
						1)		Inputs (Level 2)
		Investments in marketable securities	$	380,000	$	-	$	380,000	$	-
		Total	$	380,000	$	-	$	380,000	$	-
	The Company did not have any investments in marketable securities at April 30, 2013.
	Property and Equipment - Property and equipment are stated at cost less accumulated depreciation. Depreciation is provided principally on the straight-line method over the estimated useful lives of the assets, which are generally 3 to 10 years. The cost of repairs and maintenance is charged to expense as incurred. Expenditures for property betterments and renewals are capitalized. Upon sale or other disposition of a depreciable asset, cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in the statement of operations.
	The Company periodically evaluates whether events and circumstances have occurred that may warrant revision of the estimated useful life of fixed assets or whether the remaining balance of fixed assets should be evaluated for possible impairment. The Company uses an estimate of the related undiscounted cash flows over the remaining life of the fixed assets in measuring their recoverability.
	Exploration Costs – Exploration costs incurred in locating areas of potential mineralization or evaluating properties or working interests with specific areas of potential mineralization are expensed as incurred. Development costs of proven mining properties not yet producing are capitalized at cost and classified as capitalized exploration costs under property, plant and equipment. Property holding costs are charged to operations during the period if no significant exploration or development activities are being conducted on the related properties. Upon commencement of production, capitalized exploration and development costs would be amortized based on the estimated proven and probable reserves benefited. Properties determined to be impaired or that are abandoned are written-down to the estimated fair value. Carrying values do not necessarily reflect present or future values.
	Impairment of Long-Lived Assets – The Company reviews and evaluates long-lived assets for impairment when events or changes in circumstances indicate the related carrying amounts may not be recoverable. The assets are subject to impairment consideration under ASC 360-10-35-17, Measurement of an Impairment Loss , if events or circumstances indicate that their carrying amount might not be recoverable.
	Various factors could impact our ability to achieve forecasted production schedules. Additionally, commodity prices, capital expenditure requirements and reclamation costs could differ from the assumptions the Company may use in cash flow models used to assess impairment. The ability to achieve the estimated quantities of recoverable minerals from exploration stage mineral interests involves further risks in addition to those factors applicable to mineral interests where proven and probable reserves have been identified, due to the lower level of confidence that the identified mineralized material can ultimately be mined economically. As of April 30, 2013, the Company did not pay the renewal fee on the 20 acre claim and the BLM claims due in August 2012 and allowed those claims to lapse. The Company recognized an impairment expense of zero and $38,400 for the nine months ended January 31, 2014 and 2013, respectively.
	Revenue Recognition – The Company recognizes revenues and the related costs when persuasive evidence of an arrangement exists, delivery and acceptance has occurred or service has been rendered, the price is fixed or determinable, and collection of the resulting receivable is reasonably assured. Revenue from licensing our technology is recognized over the term of the license agreement. Costs and expenses are recognized during the period in which they are incurred.
	Research and Development - All research and development expenditures are expensed as incurred.
	Earnings (Loss) Per Share - The Company follows ASC 260, Earnings Per Share, and ASC 480, Distinguishing Liabilities from Equity, which establish standards for the computation, presentation and disclosure requirements for basic and diluted earnings per share for entities with publicly held common shares and potential common stock issuances. Basic earnings (loss) per share are computed by dividing net income by the weighted average number of common shares outstanding. In computing diluted earnings per share, the weighted average number of shares outstanding is adjusted to reflect the effect of potentially dilutive securities, such as stock options and warrants. Common stock equivalent shares are excluded from the computation if their effect is antidilutive. Common stock equivalents, which include stock options and warrants to purchase common stock, on January 31, 2014 and 2013 that were not included in the computation of diluted earnings per share because the effect would be antidilutive were 153,455,129 and 109,195,129, respectively.
	Stock-Based Compensation – The Company accounts for share based payments in accordance with ASC 718, Compensation - Stock Compensation , which requires all share-based payments to employees, including grants of employee stock options, to be recognized in the financial statements based on the grant date fair value of the award. In accordance with ASC 718-10-30-9, Measurement Objective – Fair Value at Grant Date , the Company estimates the fair value of the award using a valuation technique. For this purpose, the Company uses the Black-Scholes option pricing model. The Company believes this model provides the best estimate of fair value due to its ability to incorporate inputs that change over time, such as volatility and interest rates, and to allow for actual exercise behavior of option holders. Compensation cost is recognized over the requisite service period which is generally equal to the vesting period. Upon exercise, shares issued will be newly issued shares from authorized common stock.
	ASC 505, "Compensation-Stock Compensation", establishes standards for the accounting for transactions in which an entity exchanges its equity instruments to non-employees for goods or services. Under this transition method, stock compensation expense includes compensation expense for all stock-based compensation awards granted on or after January 1, 2006, based on the grant-date fair value estimated in accordance with the provisions of ASC 505.
	Recent Accounting Standards – From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board (FASB) that are adopted by the Company as of the specified effective date. Unless otherwise discussed, management believes that the impact of recently issued standards did not or will not have a material impact on the Company’s financial position, results of operations, or cash flows upon adoption.
	In January 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-05, Service Concession Arrangements (Topic 853), a consensus of the FASB Emerging Issues Task Force . The objective of the update is to specify that an operating entity should not account for a service concession arrangement within the scope of this update as a lease in accordance with Topic 840, Leases. It is effective for fiscal years beginning after December 15, 2014. The Company does not expect ASU 2014 - 05 to have a material effect on its financial condition, results of operation, or cash flows.
	In July 2013, the FASB issued ASU 2013-11– Income Taxes (Topic 740), Presentation of an Unrecognized Tax Benefit When a Net Operating loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. The standard provides updated guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. It becomes effective for fiscal years beginning after December 15, 2013, and the impact to the consolidated financial statements will not be material.

LOAN_RECEIVABLE

LOAN RECEIVABLE	9 Months Ended
	Jan. 31, 2014
LOAN RECEIVABLE [Text Block]	'
	2	LOAN RECEIVABLE
	As of January 31, 2013 and April 30, 2013, loan receivable consisted of zero and $983,055, respectively.
	On September 27, 2013, the Company entered into a settlement and security release agreement with Golden Anvil. Under the terms of the Release Agreement, the Company agreed to release Golden Anvil from loan agreements pursuant to which, Golden Anvil owed the Company USD$983,055 in secured indebtedness. In exchange for the release, Golden Anvil had 2,000,000 common shares of Gainey Capital Corp. (“Gainey”) issued to the Company as part of an asset purchase agreement between Golden Anvil and Gainey.
	The now-settled loan receivable originated when the Company had advanced $970,000 to Golden Anvil to permit Golden Anvil to complete its refurbishment and relocation of its mineral processing plant in Nayarit, Mexico, and had paid $13,055 in expenses on behalf of Golden Anvil, which is included in the total loan amount of $983,055.

INVESTMENT_IN_MARKETABLE_SECUR

INVESTMENT IN MARKETABLE SECURITIES	9 Months Ended
	Jan. 31, 2014
INVESTMENT IN MARKETABLE SECURITIES [Text Block]	'
	3	INVESTMENT IN MARKETABLE SECURITIES
		As of January 31, 2014 and April 30, 2013, investment in marketable securities consisted of $380,000 and zero, respectively. The market value was $0.19 per Gainey share on January 31, 2014 traded on Vancouver exchange, symbol GNCV.
		On September 27, 2013, the Company entered into a settlement and security release agreement with Golden Anvil. Under the terms of the Release Agreement, the Company agreed to release Golden Anvil from loan agreements pursuant to which, Golden Anvil owed the Company USD$983,055 in secured indebtedness. In exchange for the release, Golden Anvil had 2,000,000 common shares of Gainey issued to the Company as part of an asset purchase agreement between Golden Anvil and Gainey.
		The Asset Purchase was completed on September 30, 2013 and will serve as Gainey’s qualifying transaction under TSX Venture Exchange rules for capital pool companies. As such, the Gainey Shares will be released pursuant to the terms of a surplus escrow agreement as follows:
	% of Shares to be Released	Date of Release
	5%	2-Oct-13
	5%	2-Apr-14
	10%	2-Oct-14
	10%	2-Apr-15
	15%	2-Oct-15
	15%	2-Apr-16
	40%	2-Oct-16
	In addition, the Gainey Shares are subject to a voluntary pooling agreement, which provides that none of the Gainey Shares may be traded before October 2, 2014.
	Marketable securities are held for an indefinite period of time and thus are classified as available-for-sale securities. Realized investment gains and losses are included in the statement of operations, as are provisions for other than temporary declines in the market value of available-for-sale securities. Unrealized gains and unrealized losses deemed to be temporary are excluded from earnings (losses), net of applicable taxes, as a component of other comprehensive income. Factors considered in judging whether an impairment is other than temporary include the financial condition, business prospects and creditworthiness of the issuer, the length of time that fair value has been less than cost, the relative amount of decline, and the Company’s ability and intent to hold the investment until the fair value recovers.
	As of January 31, 2014, the Company has recorded an accumulated other comprehensive loss of $620,000 regarding its investment in marketable securities. Based on management’s evaluation of the circumstances, management believes that the decline in fair value below the cost of certain of the Company’s marketable securities is temporary.
	The following is a summary of available-for-sale marketable securities as of January 31, 2014:
			Cost		Unrealized		Unrealized			Market or
					Gain		(Losses)			Fair Value
	Equity securities	$	1,000,000	$	- -	$	(620,000	)	$	380,000
	Total	$	1,000,000	$	- -	$	(620,000	)	$	380,000
	The Company had no investments in marketable securities at April 30, 2013.

PROPERTY_AND_EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Jan. 31, 2014
PROPERTY AND EQUIPMENT [Text Block]	'
	4	PROPERTY AND EQUIPMENT
		Property and equipment consists of the following:
				As of			As of
				31-Jan-14			30-Apr-13
		Process, lab and office equipment	$	352,802		$	680,042
		Site equipment		22,369			167,769
		Total property and equipment		375,171			847,811
		Less: accumulated depreciation		(215,499	)		(610,010	)
			$	159,672		$	237,801
	Depreciation expense was $78,129 and $77,950 for the nine months ended January 31, 2014 and 2013, respectively. At January 31, 2014, the Company removed $327,240 in process, lab and office equipment and $145,400 in site equipment that was fully depreciated and disposed of through retirement.

ACCOUNTS_PAYABLE_RELATED_PARTI

ACCOUNTS PAYABLE - RELATED PARTIES	9 Months Ended
	Jan. 31, 2014
ACCOUNTS PAYABLE - RELATED PARTIES [Text Block]	'
	5	ACCOUNTS PAYABLE - RELATED PARTIES
		As of January 31, 2014 and April 30, 2013, accounts payable – related parties consisted of $181,083 and $447,516, respectively, due to directors and officers of the Company for consulting fees, and $235,000 for the acquisition of an extraction processing system in January 2012. On November 18, 2013, $310,000 of accounts payable – related parties was converted into common stock and warrants of the Company (see Note 10 - Stockholders Equity).

LOANS_PAYABLE

LOANS PAYABLE	9 Months Ended
	Jan. 31, 2014
LOANS PAYABLE [Text Block]	'
	6	LOANS PAYABLE
		As of January 31, 2014 and April 30, 2013, loans payable of $248,030 consists of borrowings payable to two unrelated third parties. The loans bear 6% to 12% interest, are unsecured and are due on demand.

LOANS_PAYABLE_AND_ACCRUED_INTE

LOANS PAYABLE AND ACCRUED INTEREST RELATED PARTY	9 Months Ended
	Jan. 31, 2014
LOANS PAYABLE AND ACCRUED INTEREST RELATED PARTY [Text Block]	'
	7	LOANS PAYABLE AND ACCRUED INTEREST – RELATED PARTIES
		As of January 31, 2014 and April 30, 2013, loans payable – related parties of $258,000 and $797,877, respectively, mainly consists of borrowings, directly and indirectly, from one director of the Company. The balances bear 10% interest, are unsecured and are due on demand. On November 18, 2013, $540,000 of loanspayable – related parties was converted into common stock and warrants of the Company (see Note 10 - Stockholders Equity).
	As of January 31, 2014 and April 30, 2013, accrued interest – related party was $107,484 and $63,394 respectively. Interest expense for the three months ended January 31, 2014 and 2013 was $13,731 and $19,312 respectively. Interest expense for the nine months ended January 31, 2014 and 2013 was $67,054 and $48,510, respectively.

NOTES_PAYABLE

NOTES PAYABLE	9 Months Ended
	Jan. 31, 2014
NOTES PAYABLE [Text Block]	'
	8	NOTES PAYABLE
		As of January 31, 2014 and April 30, 2013, notes payable consists of an unsecured $50,000 payable to New Verde River Mining and Robert H. Gunnison pursuant to the NVRM Agreement noted above. Mr. Gunnison signed an extension agreement extending the payment deadline to June 30, 2014. The note payable bears 6% interest annually.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Jan. 31, 2014
COMMITMENTS AND CONTINGENCIES [Text Block]	'
	9	COMMITMENTS AND CONTINGENCIES
		Lease obligations – The Company has operating leases for its corporate office, corporate housing and plant facility. Future minimum lease payments under the operating leases as of January 31, 2014 are as follows:
	Fiscal year ending April 30, 2014	$	23,050
	Fiscal year ending April 30, 2015	$	66,100
	Fiscal year ending April 30, 2016	$	54,008
	Fiscal year ending April 30, 2017	$	42,016
	Fiscal year ending April 30, 2018	$	21,008
	Thereafter	$	21,008
	Lease expense was $99,225 and $196,480 for the nine months ended January 31, 2014 and 2013, respectively.
	Legal proceedings – The Company received a verified complaint (the “Complaint”), dated September 12, 2013, that was filed in Arizona Superior Court, Maricopa County, by McKendry Enterprises, Inc. Profit Sharing Plan and Retirement Trust (the “Landlord”), alleging breach of contract and breach of covenant of good faith and fair dealing in relation to the lease agreement dated June 6, 2007, between the Landlord and the Company, as amended (the “Lease Agreement”). The Complaint seeks to recover damages of at least $108,581, including, but not limited to: (1) $56,358 rent; (ii) $52,223 for maintenance, clean-up costs and construction; and (3) undetermined damages for additional repair, clean up and legal fees. The Company is vigorously defending this lawsuit. There is no assurance that the Company will be able to successfully defend the lawsuit. The Company is currently evaluating the merits of the lawsuit and the probability of a favorable outcome. Rent expense of $50,858 is recorded as an account payable as of January 31, 2014. In the event of an unfavorable outcome, the Company will be required to record additional liability.
	No other legal proceedings are pending, threatened or contemplated.

STOCKHOLDERS_EQUITY

STOCKHOLDERS EQUITY	9 Months Ended
	Jan. 31, 2014
STOCKHOLDERS EQUITY [Text Block]	'
	10	STOCKHOLDERS’ EQUITY
		Common and Preferred Stock:
		On August 26, 2013, Royal Mines and Minerals Corp. (the “Company”) filed a certificate of amendment with the Nevada Secretary of State, amending the Company’s Articles of Incorporation to increase the number of authorized shares of common stock from 300,000,000 shares to 900,000,000 shares. The Amendment to the Articles of Incorporation was approved at the Company’s Annual General Meeting and Special Meeting on August 22, 2013.
	As of January 31, 2014 and April 30, 2013, there were 212,813,141 and 185,593,141 shares of common stock outstanding, respectively and zero shares of preferred stock outstanding.
	On November 18, 2013 and November 19, 2013, the Company issued 6,900,000 units for $345,000 in cash, 13,800,000 units for $690,000 in loans made to the Company, of which $540,000 were loans from related parties, and 6,520,000 units to retire $326,000 in corporate indebtedness, of which $315,000 were to related parties, an aggregate of 27,220,000 units, at a price of $0.05 per unit in two separate concurrent private placement offerings. Each Unit is comprised of one share of the Company’s common stock and one share purchase warrant, with each warrant entitling the holder to purchase an additional share of the Company's common stock at an exercise price of $0.10 for a two year period from the date of issuance.
	Additionally, each cash subscriber executed a subscription agreement which included a good faith representation by the Company to enter into definitive agreements to grant a net profits interest on the basis of 1% for each $10,000 invested. The profit payout will be net of operating and financing costs and an agreed upon management fee, from the Company's interest in its first joint venture, license or its own production facility using its coal ash process. The maximum payout will be 8 times original cash investment by each subscriber.
	2013 Stock Incentive Plan - Effective June 20, 2013, the Company adopted the 2013 Stock Incentive Plan (the “2013 Plan"). The 2013 Plan allows the Company to grant certain options to its directors, officers, employees and eligible consultants. A total of 27,800,000 shares of the Company’s common stock are available for issuance under the 2010 Plan. However, the Company may increase the maximum aggregate number of shares of the Company’s common stock that may be optioned and sold under the 2013 Plan provided the maximum aggregate number of shares of common stock that may be optioned and sold under the 2013 Plan shall at no time be greater than 15.0% of the total number of shares of common stock outstanding.
	On October 29, 2013, the Company granted non-qualified stock options under the 2013 Plan for the purchase of 18,100,000 shares of common stock at $0.03 per share. The nonqualified stock options were granted to various officers, directors and consultants, are fully vested and expire October 29, 2018. As of January 31, 2014, zero options under the 2013 Plan have been exercised.
	From the date of inception through January 31, 2014, compensation expense related to the granting of stock options under the 2013 Plan was $542,487, of which $90,000 was recorded in minerals exploration and evaluation expenses, $99,000 was recorded in general and administrative and $354,000 was recorded in general and administrative – related parties. The Company calculated the value of the options using the Black-Scholes option pricing model using the following assumptions: a bond equivalent yield of 0.75%, volatility of 436%, estimated life of 5 years and closing stock price of $0.03 per share on the date of grant.
	Effective June 20, 2013, the Company suspended the 2011 Plan. No new options may be granted under the 2011 Plan and the 2011 Plan will be terminated once all outstanding options granted under the 2011 Plan have been exercised, expired or otherwise terminated. There are presently 6,000,000 options outstanding under the 2011 Plan.
	Extension of Warrants Expiry Dates
		On July 2, 2013, we extended the expiration dates of the following warrants:
			a)	23,020,000 warrants previously issued on July 13, 2011 from an expiration date of July 12, 2013 to July 12, 2014. Each warrant entitles the holder to purchase an additional share of our common stock at a price of $0.10 per share; and
			b)	1,000,000 warrants previously issued on September 26, 2011, from an expiration date of September 25, 2013 to September 25, 2014. Each warrant entitles the holder to purchase an additional share of our common stock at a price of $0.10 per share.
		On January 16, 2014, we extended the expiration dates of the following warrants:
		a)	22,476,840 warrants previously issued on February 24 2009, from an expiration date of February 23, 2014 to February 23, 2015. Each warrant entitles the holder to purchase an additional share of our common stock at a price of $0.10 per share;
		b)	11,455,500 warrants previously issued on January 31, 2010, from an expiration date of January 30, 2014 to January 30, 2015. Each warrant entitles the holder to purchase an additional share of our common stock at a price of $0.10 per share;
		c)	32,070,000 warrants previously issued on January 18, 2011, from an expiration date of January 17, 2014 to January 17, 2015. Each warrant entitles the holder to purchase an additional share of our common stock at a price of $0.10 per share; and
		d)	11,742,789 warrants previously issued on January 30, 2012, from an expiration date of January 29, 2014 to January 29, 2015. Each warrant entitles the holder to purchase an additional share of our common stock at a price of $0.10 per share.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Jan. 31, 2014
RELATED PARTY TRANSACTIONS [Text Block]	'
	11	RELATED PARTY TRANSACTIONS
		For the nine months ended January 31, 2014, the Company incurred $153,000, in consulting fees expense from companies with a common director or officer, zero in compensation expense for the issuance of common stock to directors and officers of the Company, and $354,000 in compensation expense for the issuance of stock options to directors and officers of the Company.
		For the nine months ended January 31, 2013, the Company incurred $158,000 in consulting fees expense from companies with a common director or officer, zero in compensation expense for the issuance of common stock to directors and officers of the Company, and zero in compensation expense for the issuance of stock options to directors and officers of the Company.

Summary_of_Significant_Account

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Jan. 31, 2014
Basis of Presentation [Policy Text Block]	'
	Basis of Presentation – The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America. Royal Mines and Minerals Corp’s (the “Company”) fiscal year-end is April 30.
Description of Business [Policy Text Block]	'
	Description of Business – The Company is considered an exploration stage company. The Company's primary objectives are to 1) commercially extract and refine precious metals from its own and other’s leachable assets, 2) use its lixiviation processes to convert specific ore bodies and coal ash landfills/monofills into valuable assets, and 3) joint venture, acquire and develop mining projects in North America. The Company has not yet realized significant revenues from its primary objectives.
History [Policy Text Block]	'
	History – The Company was incorporated on December 14, 2005 under the laws of the State of Nevada. On June 13, 2007, the Company incorporated a wholly-owned subsidiary, Royal Mines Acquisition Corp., in the state of Nevada.
	On October 5, 2007, Centrus Ventures Inc. (Centrus) completed the acquisition of Royal Mines Inc. (“Royal Mines”). The acquisition of Royal Mines was completed by way of a “triangular merger” pursuant to the provisions of the Agreement and Plan of Merger dated September 24, 2007 (the “First Merger Agreement”) among Centrus, Royal Mines Acquisition Corp. (“Centrus Sub”), a wholly owned subsidiary of Centrus, Royal Mines and Kevin B. Epp, the former sole executive officer and director of Centrus. On October 5, 2007, under the terms of the First Merger Agreement, Royal Mines was merged with and into Centrus Sub, with Centrus Sub continuing as the surviving corporation (the “First Merger”).
	On October 6, 2007, a second merger was completed pursuant to an Agreement and Plan of Merger dated October 6, 2007 (the “Second Merger Agreement”) between Centrus and its wholly owned subsidiary, Centrus Sub, whereby Centrus Sub was merged with and into Centrus, with Centrus continuing as the surviving corporation (the “Second Merger”). As part of the Second Merger, Centrus changed its name from “Centrus Ventures Inc.” to “Royal Mines And Minerals Corp.”(“the Company”). Other than the name change, no amendments were made to the Articles of Incorporation.
	Under the terms and conditions of the First Merger Agreement, each share of Royal Mines’ common stock issued and outstanding immediately prior to the completion of the First Merger was converted into one share of Centrus’ common stock. As a result, a total of 32,183,326 shares of Centrus common stock were issued to former stockholders of Royal Mines. In addition, Mr. Epp surrendered 23,500,000 shares of Centrus common stock for cancellation in consideration of payment by Centrus of $0.001 per share for an aggregate consideration of $23,500. As a result, upon completion of the First Merger, the former stockholders of Royal Mines owned approximately 69.7% of the issued and outstanding common stock.
	As such, Royal Mines is deemed to be the acquiring enterprise for financial reporting purposes. All acquired assets and liabilities of Centrus were recorded at fair value on the date of the acquisition, as required by the purchase method of accounting, and the tangible net liabilities were debited against equity of the Company. There are no continuing operations of Centrus from the date of acquisition.
Going Concern [Policy Text Block]	'
	Going Concern - As of January 31, 2014, the Company has incurred cumulative net losses of $15,548,832 from operations, accumulated other comprehensive loss of $620,000 since inception, and has negative working capital of $953,774. The Company is still in the exploration stage and has not fully commenced its mining and minerals processing operations, raising substantial doubt about its ability to continue as a going concern.
Use of Estimates [Policy Text Block]	'
	Use of Estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents [Policy Text Block]	'
	Cash and Cash Equivalents - The Company considers all investments with an original maturity of three months or less to be a cash equivalent.
Fair Value [Policy Text Block]	'
	Fair Value - ASC 825, Financial Instruments requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 825 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 825 prioritizes the inputs into three levels that may be used to measure fair value:
	Level 1
	Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.
	Level 2
	Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data of the fair value of the assets or liabilities.
	Level 3
	Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.
	Pursuant to ASC 825, the fair value of cash is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. The Company's financial instruments consist of cash, prepaid expenses, other assets, accounts payable, accrued liabilities, and loans payable. The carrying amount of these financial instruments approximates fair value due to either length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.
Property and Equipment [Policy Text Block]	'
	Property and Equipment - Property and equipment are stated at cost less accumulated depreciation. Depreciation is provided principally on the straight-line method over the estimated useful lives of the assets, which are generally 3 to 10 years. The cost of repairs and maintenance is charged to expense as incurred. Expenditures for property betterments and renewals are capitalized. Upon sale or other disposition of a depreciable asset, cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in the statement of operations.
	The Company periodically evaluates whether events and circumstances have occurred that may warrant revision of the estimated useful life of fixed assets or whether the remaining balance of fixed assets should be evaluated for possible impairment. The Company uses an estimate of the related undiscounted cash flows over the remaining life of the fixed assets in measuring their recoverability.
Exploration Costs [Policy Text Block]	'
	Exploration Costs – Exploration costs incurred in locating areas of potential mineralization or evaluating properties or working interests with specific areas of potential mineralization are expensed as incurred. Development costs of proven mining properties not yet producing are capitalized at cost and classified as capitalized exploration costs under property, plant and equipment. Property holding costs are charged to operations during the period if no significant exploration or development activities are being conducted on the related properties. Upon commencement of production, capitalized exploration and development costs would be amortized based on the estimated proven and probable reserves benefited. Properties determined to be impaired or that are abandoned are written-down to the estimated fair value. Carrying values do not necessarily reflect present or future values.
Impairment of Long-Lived Assets [Policy Text Block]	'
	Impairment of Long-Lived Assets – The Company reviews and evaluates long-lived assets for impairment when events or changes in circumstances indicate the related carrying amounts may not be recoverable. The assets are subject to impairment consideration under ASC 360-10-35-17, Measurement of an Impairment Loss , if events or circumstances indicate that their carrying amount might not be recoverable.
	Various factors could impact our ability to achieve forecasted production schedules. Additionally, commodity prices, capital expenditure requirements and reclamation costs could differ from the assumptions the Company may use in cash flow models used to assess impairment. The ability to achieve the estimated quantities of recoverable minerals from exploration stage mineral interests involves further risks in addition to those factors applicable to mineral interests where proven and probable reserves have been identified, due to the lower level of confidence that the identified mineralized material can ultimately be mined economically. As of April 30, 2013, the Company did not pay the renewal fee on the 20 acre claim and the BLM claims due in August 2012 and allowed those claims to lapse. The Company recognized an impairment expense of zero and $38,400 for the nine months ended January 31, 2014 and 2013, respectively.
Revenue Recognition [Policy Text Block]	'
	Revenue Recognition – The Company recognizes revenues and the related costs when persuasive evidence of an arrangement exists, delivery and acceptance has occurred or service has been rendered, the price is fixed or determinable, and collection of the resulting receivable is reasonably assured. Revenue from licensing our technology is recognized over the term of the license agreement. Costs and expenses are recognized during the period in which they are incurred.
Research and Development [Policy Text Block]	'
	Research and Development - All research and development expenditures are expensed as incurred.
Earnings (Loss) Per Share [Policy Text Block]	'
	Earnings (Loss) Per Share - The Company follows ASC 260, Earnings Per Share, and ASC 480, Distinguishing Liabilities from Equity, which establish standards for the computation, presentation and disclosure requirements for basic and diluted earnings per share for entities with publicly held common shares and potential common stock issuances. Basic earnings (loss) per share are computed by dividing net income by the weighted average number of common shares outstanding. In computing diluted earnings per share, the weighted average number of shares outstanding is adjusted to reflect the effect of potentially dilutive securities, such as stock options and warrants. Common stock equivalent shares are excluded from the computation if their effect is antidilutive. Common stock equivalents, which include stock options and warrants to purchase common stock, on January 31, 2014 and 2013 that were not included in the computation of diluted earnings per share because the effect would be antidilutive were 153,455,129 and 109,195,129, respectively.
Stock-Based Compensation [Policy Text Block]	'
	Stock-Based Compensation – The Company accounts for share based payments in accordance with ASC 718, Compensation - Stock Compensation , which requires all share-based payments to employees, including grants of employee stock options, to be recognized in the financial statements based on the grant date fair value of the award. In accordance with ASC 718-10-30-9, Measurement Objective – Fair Value at Grant Date , the Company estimates the fair value of the award using a valuation technique. For this purpose, the Company uses the Black-Scholes option pricing model. The Company believes this model provides the best estimate of fair value due to its ability to incorporate inputs that change over time, such as volatility and interest rates, and to allow for actual exercise behavior of option holders. Compensation cost is recognized over the requisite service period which is generally equal to the vesting period. Upon exercise, shares issued will be newly issued shares from authorized common stock.
	ASC 505, "Compensation-Stock Compensation", establishes standards for the accounting for transactions in which an entity exchanges its equity instruments to non-employees for goods or services. Under this transition method, stock compensation expense includes compensation expense for all stock-based compensation awards granted on or after January 1, 2006, based on the grant-date fair value estimated in accordance with the provisions of ASC 505.
Recent Accounting Standard [Policy Text Block]	'
	Recent Accounting Standards – From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board (FASB) that are adopted by the Company as of the specified effective date. Unless otherwise discussed, management believes that the impact of recently issued standards did not or will not have a material impact on the Company’s financial position, results of operations, or cash flows upon adoption.
	In January 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-05, Service Concession Arrangements (Topic 853), a consensus of the FASB Emerging Issues Task Force . The objective of the update is to specify that an operating entity should not account for a service concession arrangement within the scope of this update as a lease in accordance with Topic 840, Leases. It is effective for fiscal years beginning after December 15, 2014. The Company does not expect ASU 2014 - 05 to have a material effect on its financial condition, results of operation, or cash flows.
	In July 2013, the FASB issued ASU 2013-11– Income Taxes (Topic 740), Presentation of an Unrecognized Tax Benefit When a Net Operating loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. The standard provides updated guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. It becomes effective for fiscal years beginning after December 15, 2013, and the impact to the consolidated financial statements will not be material.

DESCRIPTION_OF_BUSINESS_HISTOR1

DESCRIPTION OF BUSINESS, HISTORY AND SUMMARY OF SIGNIFICANT POLICIES (Tables)	9 Months Ended
	Jan. 31, 2014
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Table Text Block]	'
		Assets:		Total Carrying Value		Quoted Marked		Significant		Significant
				as of 1/31/2014		Prices in Active		Other		Unobservable
						Markets (Level		Observable		Inputs (Level 3)
						1)		Inputs (Level 2)
		Investments in marketable securities	$	380,000	$	-	$	380,000	$	-
		Total	$	380,000	$	-	$	380,000	$	-

INVESTMENT_IN_MARKETABLE_SECUR1

INVESTMENT IN MARKETABLE SECURITIES (Tables)	9 Months Ended
	Jan. 31, 2014
Gainey Shares to be Released [Table Text Block]	'
	% of Shares to be Released	Date of Release
	5%	2-Oct-13
	5%	2-Apr-14
	10%	2-Oct-14
	10%	2-Apr-15
	15%	2-Oct-15
	15%	2-Apr-16
	40%	2-Oct-16
Available-for-sale Securities [Table Text Block]	'
			Cost		Unrealized		Unrealized			Market or
					Gain		(Losses)			Fair Value
	Equity securities	$	1,000,000	$	- -	$	(620,000	)	$	380,000
	Total	$	1,000,000	$	- -	$	(620,000	)	$	380,000

PROPERTY_AND_EQUIPMENT_Tables

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Jan. 31, 2014
Schedule of Property, Plant and Equipment [Table Text Block]	'
				As of			As of
				31-Jan-14			30-Apr-13
		Process, lab and office equipment	$	352,802		$	680,042
		Site equipment		22,369			167,769
		Total property and equipment		375,171			847,811
		Less: accumulated depreciation		(215,499	)		(610,010	)
			$	159,672		$	237,801

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Jan. 31, 2014
Schedule of Lease Obligation [Table Text Block]	'
	Fiscal year ending April 30, 2014	$	23,050
	Fiscal year ending April 30, 2015	$	66,100
	Fiscal year ending April 30, 2016	$	54,008
	Fiscal year ending April 30, 2017	$	42,016
	Fiscal year ending April 30, 2018	$	21,008
	Thereafter	$	21,008

DESCRIPTION_OF_BUSINESS_HISTOR2

DESCRIPTION OF BUSINESS, HISTORY AND SUMMARY OF SIGNIFICANT POLICIES (Narrative) (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
	Y
	acre
Description Of Business, History And Summary Of Significant Policies 1	32,183,326
Description Of Business, History And Summary Of Significant Policies 2	23,500,000
Description Of Business, History And Summary Of Significant Policies 3	$0.00
Description Of Business, History And Summary Of Significant Policies 4	$23,500
Description Of Business, History And Summary Of Significant Policies 5	69.70%
Description Of Business, History And Summary Of Significant Policies 6	15,548,832
Description Of Business, History And Summary Of Significant Policies 7	620,000
Description Of Business, History And Summary Of Significant Policies 8	953,774
Description Of Business, History And Summary Of Significant Policies 9	3
Description Of Business, History And Summary Of Significant Policies 10	10
Description Of Business, History And Summary Of Significant Policies 11	20
Description Of Business, History And Summary Of Significant Policies 12	$38,400
Description Of Business, History And Summary Of Significant Policies 13	153,455,129
Description Of Business, History And Summary Of Significant Policies 14	109,195,129
Description Of Business, History And Summary Of Significant Policies 15	2,014
Description Of Business, History And Summary Of Significant Policies 16	5

LOAN_RECEIVABLE_Narrative_Deta

LOAN RECEIVABLE (Narrative) (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
Loan Receivable 1	$983,055
Loan Receivable 2	983,055
Loan Receivable 3	2,000,000
Loan Receivable 4	970,000
Loan Receivable 5	13,055
Loan Receivable 6	$983,055

INVESTMENT_IN_MARKETABLE_SECUR2

INVESTMENT IN MARKETABLE SECURITIES (Narrative) (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
Investment In Marketable Securities 1	$380,000
Investment In Marketable Securities 2	0.19
Investment In Marketable Securities 3	983,055
Investment In Marketable Securities 4	2,000,000
Investment In Marketable Securities 5	$620,000

PROPERTY_AND_EQUIPMENT_Narrati

PROPERTY AND EQUIPMENT (Narrative) (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
Property And Equipment 1	$78,129
Property And Equipment 2	77,950
Property And Equipment 3	327,240
Property And Equipment 4	$145,400

ACCOUNTS_PAYABLE_RELATED_PARTI1

ACCOUNTS PAYABLE - RELATED PARTIES (Narrative) (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
Accounts Payable - Related Parties 1	$181,083
Accounts Payable - Related Parties 2	447,516
Accounts Payable - Related Parties 3	235,000
Accounts Payable - Related Parties 4	$310,000

LOANS_PAYABLE_Narrative_Detail

LOANS PAYABLE (Narrative) (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
Loans Payable 1	$248,030
Loans Payable 2	6.00%
Loans Payable 3	12.00%

LOANS_PAYABLE_AND_ACCRUED_INTE1

LOANS PAYABLE AND ACCRUED INTEREST RELATED PARTY (Narrative) (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
Loans Payable And Accrued Interest Related Party 1	$258,000
Loans Payable And Accrued Interest Related Party 2	797,877
Loans Payable And Accrued Interest Related Party 3	10.00%
Loans Payable And Accrued Interest Related Party 4	540,000
Loans Payable And Accrued Interest Related Party 5	107,484
Loans Payable And Accrued Interest Related Party 6	63,394
Loans Payable And Accrued Interest Related Party 7	13,731
Loans Payable And Accrued Interest Related Party 8	19,312
Loans Payable And Accrued Interest Related Party 9	67,054
Loans Payable And Accrued Interest Related Party 10	$48,510

NOTES_PAYABLE_Narrative_Detail

NOTES PAYABLE (Narrative) (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
Notes Payable 1	$50,000
Notes Payable 2	6.00%

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Narrative) (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
Commitments And Contingencies 1	$99,225
Commitments And Contingencies 2	196,480
Commitments And Contingencies 3	108,581
Commitments And Contingencies 4	56,358
Commitments And Contingencies 5	52,223
Commitments And Contingencies 6	$50,858

STOCKHOLDERS_EQUITY_Narrative_

STOCKHOLDERS EQUITY (Narrative) (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
	Y
Stockholders Equity 1	300,000,000
Stockholders Equity 2	900,000,000
Stockholders Equity 3	212,813,141
Stockholders Equity 4	185,593,141
Stockholders Equity 5	6,900,000
Stockholders Equity 6	$345,000
Stockholders Equity 7	13,800,000
Stockholders Equity 8	690,000
Stockholders Equity 9	540,000
Stockholders Equity 10	6,520,000
Stockholders Equity 11	326,000
Stockholders Equity 12	315,000
Stockholders Equity 13	27,220,000
Stockholders Equity 14	$0.05
Stockholders Equity 15	0.1
Stockholders Equity 16	1.00%
Stockholders Equity 17	10,000
Stockholders Equity 18	8
Stockholders Equity 19	27,800,000
Stockholders Equity 20	15.00%
Stockholders Equity 21	18,100,000
Stockholders Equity 22	$0.03
Stockholders Equity 23	542,487
Stockholders Equity 24	90,000
Stockholders Equity 25	99,000
Stockholders Equity 26	$354,000
Stockholders Equity 27	0.75%
Stockholders Equity 28	436.00%
Stockholders Equity 29	5
Stockholders Equity 30	$0.03
Stockholders Equity 31	6,000,000
Stockholders Equity 32	23,020,000
Stockholders Equity 33	$0.10
Stockholders Equity 34	1,000,000
Stockholders Equity 35	$0.10
Stockholders Equity 36	22,476,840
Stockholders Equity 37	$0.10
Stockholders Equity 38	11,455,500
Stockholders Equity 39	$0.10
Stockholders Equity 40	32,070,000
Stockholders Equity 41	$0.10
Stockholders Equity 42	11,742,789
Stockholders Equity 43	$0.10

RELATED_PARTY_TRANSACTIONS_Nar

RELATED PARTY TRANSACTIONS (Narrative) (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
Related Party Transactions 1	$153,000
Related Party Transactions 2	354,000
Related Party Transactions 3	$158,000

Schedule_of_Fair_Value_of_Sepa

Schedule of Fair Value of Separate Accounts by Major Category of Investment (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
Description Of Business, History And Summary Of Significant Policies Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment 1	$380,000
Description Of Business, History And Summary Of Significant Policies Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment 2	0
Description Of Business, History And Summary Of Significant Policies Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment 3	380,000
Description Of Business, History And Summary Of Significant Policies Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment 4	0
Description Of Business, History And Summary Of Significant Policies Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment 5	380,000
Description Of Business, History And Summary Of Significant Policies Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment 6	0
Description Of Business, History And Summary Of Significant Policies Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment 7	380,000
Description Of Business, History And Summary Of Significant Policies Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment 8	$0

Gainey_Shares_to_be_Released_D

Gainey Shares to be Released (Details)	9 Months Ended
	Jan. 31, 2014
Investment In Marketable Securities Gainey Shares To Be Released 1	5.00%
Investment In Marketable Securities Gainey Shares To Be Released 2	5.00%
Investment In Marketable Securities Gainey Shares To Be Released 3	10.00%
Investment In Marketable Securities Gainey Shares To Be Released 4	10.00%
Investment In Marketable Securities Gainey Shares To Be Released 5	15.00%
Investment In Marketable Securities Gainey Shares To Be Released 6	15.00%
Investment In Marketable Securities Gainey Shares To Be Released 7	40.00%

Availableforsale_Securities_De

Available-for-sale Securities (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
Investment In Marketable Securities Available-for-sale Securities 1	$1,000,000
Investment In Marketable Securities Available-for-sale Securities 2	0
Investment In Marketable Securities Available-for-sale Securities 3	-620,000
Investment In Marketable Securities Available-for-sale Securities 4	380,000
Investment In Marketable Securities Available-for-sale Securities 5	1,000,000
Investment In Marketable Securities Available-for-sale Securities 6	0
Investment In Marketable Securities Available-for-sale Securities 7	-620,000
Investment In Marketable Securities Available-for-sale Securities 8	$380,000

Schedule_of_Property_Plant_and

Schedule of Property, Plant and Equipment (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
Property And Equipment Schedule Of Property, Plant And Equipment 1	$352,802
Property And Equipment Schedule Of Property, Plant And Equipment 2	680,042
Property And Equipment Schedule Of Property, Plant And Equipment 3	22,369
Property And Equipment Schedule Of Property, Plant And Equipment 4	167,769
Property And Equipment Schedule Of Property, Plant And Equipment 5	375,171
Property And Equipment Schedule Of Property, Plant And Equipment 6	847,811
Property And Equipment Schedule Of Property, Plant And Equipment 7	-215,499
Property And Equipment Schedule Of Property, Plant And Equipment 8	-610,010
Property And Equipment Schedule Of Property, Plant And Equipment 9	159,672
Property And Equipment Schedule Of Property, Plant And Equipment 10	$237,801

Schedule_of_Lease_Obligation_D

Schedule of Lease Obligation (Details) (USD $)	9 Months Ended
	Jan. 31, 2014
Commitments And Contingencies Schedule Of Lease Obligation 1	$23,050
Commitments And Contingencies Schedule Of Lease Obligation 2	66,100
Commitments And Contingencies Schedule Of Lease Obligation 3	54,008
Commitments And Contingencies Schedule Of Lease Obligation 4	42,016
Commitments And Contingencies Schedule Of Lease Obligation 5	21,008
Commitments And Contingencies Schedule Of Lease Obligation 6	$21,008