Star Gold (SRGZ) 10-Q 30 Jan 25 2025 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Oct. 31, 2024	Jan. 27, 2025
Document Information [Line Items]
Entity Central Index Key	0001401835
Entity Registrant Name	Star Gold Corp.
Amendment Flag	false
Current Fiscal Year End Date	--04-30
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2025
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Oct. 31, 2024
Document Transition Report	false
Entity File Number	000-52711
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	27-0348508
Entity Address, Address Line One	1875 N. Lakewood Drive, Suite 303
Entity Address, City or Town	Coeur d’Alene
Entity Address, State or Province	ID
Entity Address, Postal Zip Code	83814
City Area Code	208
Local Phone Number	664-5066
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	SRGZ
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		97,290,810

Condensed Interim Balance Sheet

Condensed Interim Balance Sheets (Unaudited) - USD ($)	Oct. 31, 2024	Apr. 30, 2024
CURRENT ASSETS:
Cash and cash equivalents	$ 6,822	$ 5,168
Other current assets	862	1,806
TOTAL CURRENT ASSETS	7,684	6,974
MINING INTEREST (NOTE 4)	602,167	590,167
RECLAMATION BOND (NOTE 4)	89,400	89,400
TOTAL ASSETS	699,251	686,541
CURRENT LIABILITIES:
Accounts payable and accrued liabilities	66,428	39,458
Current portion, long-term debt (NOTE 5)	150,000	150,000
TOTAL CURRENT LIABILITIES	309,018	256,410
LONG TERM LIABILITIES:
TOTAL LIABILITIES	905,518	743,910
COMMITMENTS AND CONTINGENCIES (NOTE 4 and 5)
STOCKHOLDERS’ EQUITY (DEFICIT)
Preferred Stock, $.001 par value; 10,000,000 shares authorized, none issued and outstanding	0	0
Common Stock, $.001 par value; 1,000,000,000 shares authorized; 97,290,810 shares issued and outstanding	97,291	97,291
Additional paid-in capital	12,702,879	12,702,879
Accumulated deficit	(13,006,437)	(12,857,539)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)	(206,267)	(57,369)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)	699,251	686,541
Related Party [Member]
CURRENT LIABILITIES:
Accrued interest, related parties	92,590	66,952
LONG TERM LIABILITIES:
PROMISSORY NOTE, RELATED PARTY (NOTE 5)	119,000	50,000
CONVERTIBLE PROMISSORY NOTES, RELATED PARTIES (NOTE 5)	$ 477,500	$ 437,500

Condensed Interim Balance She_2

Condensed Interim Balance Sheets (Unaudited) (Parentheticals) - $ / shares	Oct. 31, 2024	Apr. 30, 2024
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, authorized (in shares)	10,000,000	10,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, authorized (in shares)	1,000,000,000	1,000,000,000
Common stock, issued (in shares)	97,290,810	97,290,810
Common stock, outstanding (in shares)	97,290,810	97,290,810

Condensed Interim Statements of

Condensed Interim Statements of Operations (Unaudited) - USD ($) $ / shares in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023
OPERATING EXPENSE
Mineral exploration expense	$ 0	$ 0	$ 33,389	$ 25,896
Pre-development expense	0	1,438	0	10,480
Legal and professional fees	16,632	28,505	51,297	53,917
Management and administrative	18,916	20,096	38,170	40,427
TOTAL OPERATING EXPENSES	35,548	50,039	122,856	130,720
LOSS FROM OPERATIONS	(35,548)	(50,039)	(122,856)	(130,720)
OTHER INCOME (EXPENSE)
Interest income	0	1	0	3
TOTAL OTHER INCOME (EXPENSE)	(13,913)	(11,285)	(26,042)	(19,558)
NET LOSS BEFORE INCOME TAXES	(49,461)	(61,324)	(148,898)	(150,278)
Provision for income taxes	0	0	0	0
NET LOSS	$ (49,461)	$ (61,324)	$ (148,898)	$ (150,278)
Basic and diluted loss per share (in dollars per share)	$ 0	$ 0	$ 0	$ 0
Basic and diluted weighted average number shares outstanding (in shares)	97,290,810	97,290,810	97,290,810	97,290,810
Nonrelated Party [Member]
OTHER INCOME (EXPENSE)
Interest expense	$ (403)	$ (401)	$ (403)	$ (803)
Related Party [Member]
OTHER INCOME (EXPENSE)
Interest expense	$ (13,510)	$ (10,885)	$ (25,639)	$ (18,758)

Condensed Interim Statements _2

Condensed Interim Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Apr. 30, 2023	97,290,810
Balance at Apr. 30, 2023	$ 97,291	$ 12,702,879	$ (12,619,828)	$ 180,342
Net loss	$ 0	0	(88,954)	(88,954)
Balance (in shares) at Jul. 31, 2023	97,290,810
Balance at Jul. 31, 2023	$ 97,291	12,702,879	(12,708,782)	91,388
Balance (in shares) at Apr. 30, 2023	97,290,810
Balance at Apr. 30, 2023	$ 97,291	12,702,879	(12,619,828)	180,342
Net loss				(150,278)
Balance (in shares) at Oct. 31, 2023	97,290,810
Balance at Oct. 31, 2023	$ 97,291	12,702,879	(12,770,106)	30,064
Balance (in shares) at Jul. 31, 2023	97,290,810
Balance at Jul. 31, 2023	$ 97,291	12,702,879	(12,708,782)	91,388
Net loss	$ 0	0	(61,324)	(61,324)
Balance (in shares) at Oct. 31, 2023	97,290,810
Balance at Oct. 31, 2023	$ 97,291	12,702,879	(12,770,106)	30,064
Balance (in shares) at Apr. 30, 2024	97,290,810
Balance at Apr. 30, 2024	$ 97,291	12,702,879	(12,857,539)	(57,369)
Net loss	$ 0	0	(99,437)	(99,437)
Balance (in shares) at Jul. 31, 2024	97,290,810
Balance at Jul. 31, 2024	$ 97,291	12,702,879	(12,956,976)	(156,806)
Balance (in shares) at Apr. 30, 2024	97,290,810
Balance at Apr. 30, 2024	$ 97,291	12,702,879	(12,857,539)	(57,369)
Net loss				(148,898)
Balance (in shares) at Oct. 31, 2024	97,290,810
Balance at Oct. 31, 2024	$ 97,291	12,702,879	(13,006,437)	(206,267)
Balance (in shares) at Jul. 31, 2024	97,290,810
Balance at Jul. 31, 2024	$ 97,291	12,702,879	(12,956,976)	(156,806)
Net loss	$ 0	0	(49,461)	(49,461)
Balance (in shares) at Oct. 31, 2024	97,290,810
Balance at Oct. 31, 2024	$ 97,291	$ 12,702,879	$ (13,006,437)	$ (206,267)

Condensed Interim Statements _3

Condensed Interim Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (148,898)	$ (150,278)
Changes in assets and liabilities:
Other current assets	944	9,585
Accounts payable and accrued liabilities	26,970	11,386
Accrued interest, related parties	25,638	18,758
Net cash used by operating activities	(95,346)	(110,549)
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for mining interests	(12,000)	(12,000)
Net cash used by investing activities	(12,000)	(12,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from promissory notes payable, related party	69,000	55,000
Proceeds from convertible notes payable, related parties	40,000	105,000
Net cash provided by financing activities	109,000	160,000
Net increase in cash and cash equivalents	1,654	37,451
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	5,168	33,505
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 6,822	$ 70,956

Note 1 - Nature of Operations

Note 1 - Nature of Operations	6 Months Ended
	Oct. 31, 2024
Notes to Financial Statements
Nature of Operations [Text Block]	NOTE 1 NATURE OF OPERATIONS Star Gold Corp. (the “Company”) was initially incorporated as Elan Development, Inc., in the State of Nevada on December 8, 2006. The Company’s core business consists of assembling and/or acquiring land packages and mining claims the Company believes have potential mining reserves, and expending capital to explore these claims by drilling, and performing geophysical work or other exploration work deemed necessary. The business is a high-risk business as there is no

Note 2 - Significant Accounting

Note 2 - Significant Accounting Policies	6 Months Ended
	Oct. 31, 2024
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 2 SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation In the opinion of management, the accompanying unaudited condensed financial statements contain all adjustments, consisting of normal recurring adjustments, necessary for a fair statement of the results for the interim periods reported. The condensed balance sheet at April 30, 2024 not three six October 31, 2024 not may April 30, 2025 These unaudited condensed interim financial statements have been prepared by management in accordance with generally accepted accounting principles used in the United States of America (“U.S. GAAP”). These unaudited condensed interim financial statements should be read in conjunction with the annual audited financial statements included in the Company’s Annual Report on Form 10 April 30, 2024 August 13, 2024. The financial statements and notes are representations of the Company’s management, which is responsible for their integrity and objectivity. These accounting policies conform to U.S. GAAP and have been consistently applied in the preparation of the financial statements. Going Concern As shown in the accompanying financial statements, the Company has incurred operating losses since inception. As of October 31, 2024 October 31, 2024 October 31, 2024 not Financial Instruments The Company's financial instruments include cash and cash equivalents, reclamation bonds, promissory notes related party and convertible promissory notes, related parties. Cash and cash equivalents, reclamation bonds, promissory notes, related party and convertible promissory notes, related parties are accounted for on a cost basis, which, due to the short maturity of these financial instruments, approximates fair value at October 31, 2024 New Accounting Pronouncements Accounting Standards Updates Adopted In August 2023, 2023 05, 805 60 January 1, 2025. not In November 2023, 2023 07 2023 07” 280 2023 07 December 15, 2023, December 15, 2024, In December 2023, 2023 09 2023 09” 740 2023 09 December 15, 2024 In November 2024, 2024 03, 220 40 December 15, 2026, December 15, 2024, may Accounting standards that have been issued or proposed by the Financial Accounting Standards Board ("FASB") that do not not not not Reclassifications Certain reclassifications have been made to the April 30, 2024 October 31, 2024 no

Note 3 - Earnings Per Share

Note 3 - Earnings Per Share	6 Months Ended
	Oct. 31, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 3 EARNINGS PER SHARE Basic Earnings Per Share (“EPS”) is computed as net income (loss) available to common stockholders divided by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from common shares issuable through stock options, convertible promissory notes including accrued interest and warrants. The outstanding securities on October 31, 2024 2023 October 31, 2024 October 31, 2023 Stock options 2,500,000 3,435,000 Convertible promissory notes and accrued interest, related parties 30,653,592 25,399,822 Warrants 2,000,000 2,000,000 Total Possible Dilution 35,153,592 30,834,822 For the three six October 31, 2024 2023

Note 4 - Mining Interest

Note 4 - Mining Interest	6 Months Ended
	Oct. 31, 2024
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	NOTE 4 MINING INTEREST The following is a summary of the Company’s equipment and mining interest on October 31, 2024 April 30, 2024 October 31, 2024 April 30, 2024 Mining interest - Longstreet 602,167 590,167 Total $ 602,167 $ 590,167 Pursuant to the Longstreet Property Option Agreement with Great Basin Resources, Inc. (“Great Basin”), as amended, which was originally entered into by the Company on or about January 15, 2010 ( August 12, 2019, On August 24, 2020, no six 6 first one 3.0% In addition, the Company is obligated, pursuant to the Longstreet Agreement, as amended, to pay an annual advance royalty payment of $12,000 related to the Clifford claims. For the six October 31, 2024 2023 At October 31, 2024 April 30, 2024

Note 5 - Related Party Transact

Note 5 - Related Party Transactions	6 Months Ended
	Oct. 31, 2024
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	NOTE 5 RELATED PARTY TRANSACTIONS The following is a summary of the Company's Promissory notes, related parties and convertible promissory notes, related parties as of October 31, 2024 Maturity date Interest rate Conversion price per share Shares (if converted) Principal amount Accrued interest Total Promissory notes, related party March 31, 2024 8 % $ - - $ - $ 852 $ 852 August 24, 2026 8 % - - 15,000 2,135 17,135 August 24, 2026 8 % - - 35,000 3,329 38,329 August 5, 2026 8 % - - 5,000 95 5,095 August 12, 2026 8 % - - 35,000 613 35,613 September 10, 2027 8 % 15,000 168 15,168 October 29, 2027 8 % - - 14,000 6 14,006 - $ 119,000 $ 7,198 $ 126,198 Convertible promissory notes, related parties April 30, 2025 5 % $ 0.05 3,438,082 $ 150,000 $ 21,904 $ 171,904 April 14, 2026 8 % 0.02 15,304,438 260,000 46,089 306,089 April 14, 2026 8 % 0.02 2,950,644 52,500 6,513 59,013 October 24, 2026 8 % 0.0206 787,501 15,000 1,223 16,223 October 24, 2026 8 % 0.0206 4,731,853 90,000 7,476 97,476 March 22, 2027 8 % 0.0165 1,277,210 20,000 1,074 21,074 June 26, 2027 8 % 0.0190 2,163,864 40,000 1,113 41,113 30,653,592 $ 627,500 $ 85,392 $ 712,892 The following is a summary of the Company's Promissory notes, related parties and convertible promissory notes, related parties as of April 30, 2024: Maturity date Interest rate Conversion price per share Shares (if converted) Principal amount Accrued interest Total Promissory notes, related party March 31, 2024 8 % $ - - $ - $ 852 $ 852 June 28, 2026 8 % - - 15,000 1,328 16,328 August 24, 2026 8 % - - 35,000 1,918 36,918 - $ 50,000 $ 4,098 $ 54,098 Convertible promissory notes, related parties April 30, 2025 5 % $ 0.05 3,362,460 $ 150,000 $ 18,123 $ 168,123 April 14, 2026 8 % 0.02 14,780,150 260,000 35,603 295,603 April 14, 2026 8 % 0.02 2,844,800 52,500 4,396 56,896 October 24, 2026 8 % 0.0206 758,155 15,000 618 15,618 October 24, 2026 8 % 0.0206 4,555,680 90,000 3,847 93,847 March 22, 2027 8 % 0.0165 1,228,303 20,000 267 20,267 27,529,548 $ 587,500 $ 62,854 $ 650,354 Promissory notes, related party On June 28, 2023 , June 28, 2024 August 24, 2026. October 31, 2024 On August 24, 2023 , August 24, 2024 August 24, 2026. October 31, 2024 , On August 5, 2024 , August 5, 2026. On August 11, 2024, June 28, 2023 August 24, 2023 August 24, 2026. On August 12, 2024, August 12, 2027. On September 10, 2024 , September 10, 2027. On October 29, 2024, October 29, 2027. As of October 31, 2024 April 30, 2024 , October 31, 2024 April 30, 2024 Convertible promissory notes, related parties On November 30, 2021, four April 30, 2025. April 30, 2025. October 31, 2024 April 30, 2024, October 31, 2024 April 30, 2024, On April 14, 2023, four April 14, 2023 April 14, 2023 two April 14, 2023 eight April 14, 2026 ( On October 24, 2023, two October 24, 2023 two October 24, 2023 October 24, 2026 $.0206 On March 22, 2024, "March 22, 2024 two March 22, 2024 March 22, 2027 $.0165 On June 26, 2024, “June 26, 2024 two June 26, 2024 June 26, 2027 $.019 At October 31, 2024 April 30, 2024, For the three October 31, 2024 2023 six October 31, 2024 2023 Consulting agreements For the three October 31, 2024 2023 six October 31, 2024 2023

Note 6 - Warrants

Note 6 - Warrants	6 Months Ended
	Oct. 31, 2024
Notes to Financial Statements
Warrants [Text Block]	NOTE 6 WARRANTS On October 31, 2021, October 31, 2026. No warrants were issued, exercised, expired or forfeited during the three six October 31, 2024 2023

Note 7 - Stock Options

Note 7 - Stock Options	6 Months Ended
	Oct. 31, 2024
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	NOTE 7 STOCK OPTIONS Options issued for mining interest In consideration for its mining interest in prior years (see Note 4 Options outstanding for mining interest totaled Nil October 31, 2024 April 30, 2024 three October 31, 2024, Options issued under the 2011 The Company established the 2011 “2011 2011 not No options were issued, exercised, expired or forfeited under the Stock Option Plan during the three six October 31, 2024 2023 The total value of stock option awards is expensed ratably over the vesting period of the employees receiving the awards. As of October 31, 2024 April 30, 2024 October 31, 2024 2011 October 31, 2024 2011 The following table summarizes additional information about the options under the Company's Stock Option Plan: Options outstanding and exercisable Remaining Term Date of Grant Shares (years) Price April 30, 2021 2,500,000 1.50 0.06 Summary: The following is a summary of the Company’s stock options outstanding and exercisable: Weighted Average All options Exercise Price Balance outstanding at October 31, 2024 and April 30, 2024 2,500,000 $ 0.06 Weighted Average Weighted Remaining Term Average Exercise Options issued for: Options (years) Price Stock option plan 2,500,000 1.50 0.06 Outstanding and exercisable at October 31, 2024 2,500,000 $ 0.06 The aggregate intrinsic value of all options vested and exercisable at October 31, 2024 $Nil October 31, 2024

Note 8 - Subsequent Events

Note 8 - Subsequent Events	6 Months Ended
	Oct. 31, 2024
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 8 SUBSEQUENT EVENTS On December 4, 2024, December 4, 2027. On January 2, 2025, January 2, 2028. On January 29, 2025, January 29, 2028.

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Oct. 31, 2024
Insider Trading Arr Line Items
Rule 10b5-1 Arrangement Terminated [Flag]	false
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Oct. 31, 2024
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation In the opinion of management, the accompanying unaudited condensed financial statements contain all adjustments, consisting of normal recurring adjustments, necessary for a fair statement of the results for the interim periods reported. The condensed balance sheet at April 30, 2024 not three six October 31, 2024 not may April 30, 2025 These unaudited condensed interim financial statements have been prepared by management in accordance with generally accepted accounting principles used in the United States of America (“U.S. GAAP”). These unaudited condensed interim financial statements should be read in conjunction with the annual audited financial statements included in the Company’s Annual Report on Form 10 April 30, 2024 August 13, 2024. The financial statements and notes are representations of the Company’s management, which is responsible for their integrity and objectivity. These accounting policies conform to U.S. GAAP and have been consistently applied in the preparation of the financial statements.
Going Concern [Policy Text Block]	Going Concern As shown in the accompanying financial statements, the Company has incurred operating losses since inception. As of October 31, 2024 October 31, 2024 October 31, 2024 not
Fair Value of Financial Instruments, Policy [Policy Text Block]	Financial Instruments The Company's financial instruments include cash and cash equivalents, reclamation bonds, promissory notes related party and convertible promissory notes, related parties. Cash and cash equivalents, reclamation bonds, promissory notes, related party and convertible promissory notes, related parties are accounted for on a cost basis, which, due to the short maturity of these financial instruments, approximates fair value at October 31, 2024
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Pronouncements Accounting Standards Updates Adopted In August 2023, 2023 05, 805 60 January 1, 2025. not In November 2023, 2023 07 2023 07” 280 2023 07 December 15, 2023, December 15, 2024, In December 2023, 2023 09 2023 09” 740 2023 09 December 15, 2024 In November 2024, 2024 03, 220 40 December 15, 2026, December 15, 2024, may Accounting standards that have been issued or proposed by the Financial Accounting Standards Board ("FASB") that do not not not not
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassifications Certain reclassifications have been made to the April 30, 2024 October 31, 2024 no

Note 3 - Earnings Per Share (Ta

Note 3 - Earnings Per Share (Tables)	6 Months Ended
	Oct. 31, 2024
Notes Tables
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	October 31, 2024 October 31, 2023 Stock options 2,500,000 3,435,000 Convertible promissory notes and accrued interest, related parties 30,653,592 25,399,822 Warrants 2,000,000 2,000,000 Total Possible Dilution 35,153,592 30,834,822

Note 4 - Mining Interest (Table

Note 4 - Mining Interest (Tables)	6 Months Ended
	Oct. 31, 2024
Notes Tables
Property, Plant and Equipment [Table Text Block]	October 31, 2024 April 30, 2024 Mining interest - Longstreet 602,167 590,167 Total $ 602,167 $ 590,167

Note 5 - Related Party Transa_2

Note 5 - Related Party Transactions (Tables)	6 Months Ended
	Oct. 31, 2024
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	Maturity date Interest rate Conversion price per share Shares (if converted) Principal amount Accrued interest Total Promissory notes, related party March 31, 2024 8 % $ - - $ - $ 852 $ 852 August 24, 2026 8 % - - 15,000 2,135 17,135 August 24, 2026 8 % - - 35,000 3,329 38,329 August 5, 2026 8 % - - 5,000 95 5,095 August 12, 2026 8 % - - 35,000 613 35,613 September 10, 2027 8 % 15,000 168 15,168 October 29, 2027 8 % - - 14,000 6 14,006 - $ 119,000 $ 7,198 $ 126,198 Convertible promissory notes, related parties April 30, 2025 5 % $ 0.05 3,438,082 $ 150,000 $ 21,904 $ 171,904 April 14, 2026 8 % 0.02 15,304,438 260,000 46,089 306,089 April 14, 2026 8 % 0.02 2,950,644 52,500 6,513 59,013 October 24, 2026 8 % 0.0206 787,501 15,000 1,223 16,223 October 24, 2026 8 % 0.0206 4,731,853 90,000 7,476 97,476 March 22, 2027 8 % 0.0165 1,277,210 20,000 1,074 21,074 June 26, 2027 8 % 0.0190 2,163,864 40,000 1,113 41,113 30,653,592 $ 627,500 $ 85,392 $ 712,892 Maturity date Interest rate Conversion price per share Shares (if converted) Principal amount Accrued interest Total Promissory notes, related party March 31, 2024 8 % $ - - $ - $ 852 $ 852 June 28, 2026 8 % - - 15,000 1,328 16,328 August 24, 2026 8 % - - 35,000 1,918 36,918 - $ 50,000 $ 4,098 $ 54,098 Convertible promissory notes, related parties April 30, 2025 5 % $ 0.05 3,362,460 $ 150,000 $ 18,123 $ 168,123 April 14, 2026 8 % 0.02 14,780,150 260,000 35,603 295,603 April 14, 2026 8 % 0.02 2,844,800 52,500 4,396 56,896 October 24, 2026 8 % 0.0206 758,155 15,000 618 15,618 October 24, 2026 8 % 0.0206 4,555,680 90,000 3,847 93,847 March 22, 2027 8 % 0.0165 1,228,303 20,000 267 20,267 27,529,548 $ 587,500 $ 62,854 $ 650,354

Note 7 - Stock Options (Tables)

Note 7 - Stock Options (Tables)	6 Months Ended
	Oct. 31, 2024
Notes Tables
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]	Options outstanding and exercisable Remaining Term Date of Grant Shares (years) Price April 30, 2021 2,500,000 1.50 0.06 Weighted Average Weighted Remaining Term Average Exercise Options issued for: Options (years) Price Stock option plan 2,500,000 1.50 0.06 Outstanding and exercisable at October 31, 2024 2,500,000 $ 0.06
Schedule of Stock Options Roll Forward [Table Text Block]	Weighted Average All options Exercise Price Balance outstanding at October 31, 2024 and April 30, 2024 2,500,000 $ 0.06

Note 2 - Significant Accounti_2

Note 2 - Significant Accounting Policies (Details Textual) - USD ($)	Oct. 31, 2024	Apr. 30, 2024
Retained Earnings (Accumulated Deficit)	$ (13,006,437)	$ (12,857,539)
Working Capital	$ (301,334)

Note 3 - Earnings Per Share - S

Note 3 - Earnings Per Share - Schedule of Antidilutive Securities (Details) - shares	6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023
Total Possible Dilution (in shares)	35,153,592	30,834,822
Share-Based Payment Arrangement, Option [Member]
Total Possible Dilution (in shares)	2,500,000	3,435,000
Convertible Debt Securities [Member]
Total Possible Dilution (in shares)	30,653,592	25,399,822
Warrant [Member]
Total Possible Dilution (in shares)	2,000,000	2,000,000

Note 4 - Mining Interest (Detai

Note 4 - Mining Interest (Details Textual) - USD ($)	6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Apr. 30, 2024	Aug. 24, 2020
Restricted Cash, Noncurrent	$ 89,400		$ 89,400
United States Department of Agriculture Forest Service [Member]
Restricted Cash, Noncurrent	89,400		$ 89,400
Longstreet Property [Member] | Great Basin Resource, Inc. [Member]
Annual Advance Royalty Payment				$ 12,000
Royalty Expense	$ 12,000	$ 12,000
Longstreet Property [Member] | Great Basin Resource, Inc. [Member] | One Half Great Basin's 3.0% Net Smelter Royalty [Member]
Other Commitment				$ 1,750,000

Note 4 - Mining Interest - Sche

Note 4 - Mining Interest - Schedule of Mining Interests (Details) - USD ($)	Oct. 31, 2024	Apr. 30, 2024
TOTAL MINING INTEREST	$ 602,167	$ 590,167
Longstreet Property [Member]
TOTAL MINING INTEREST	$ 602,167	$ 590,167

Note 5 - Related Party Transa_3

Note 5 - Related Party Transactions (Details Textual)													3 Months Ended		4 Months Ended	6 Months Ended		7 Months Ended	12 Months Ended	19 Months Ended	35 Months Ended
	Oct. 31, 2024 USD ($) $ / shares	Oct. 29, 2024 USD ($)	Sep. 10, 2024 USD ($)	Aug. 12, 2024 USD ($)	Aug. 05, 2024 USD ($)	Jun. 26, 2024 USD ($)	Mar. 22, 2024 USD ($)	Oct. 24, 2023 USD ($)	Aug. 24, 2023 USD ($)	Jun. 28, 2023 USD ($)	Apr. 14, 2023 USD ($)	Nov. 30, 2021 USD ($)	Oct. 31, 2024 USD ($) $ / shares	Oct. 31, 2023 USD ($)	Oct. 31, 2024 USD ($) $ / shares	Oct. 31, 2024 USD ($) $ / shares	Oct. 31, 2023 USD ($)	Oct. 31, 2024 USD ($) $ / shares	Apr. 30, 2024 USD ($)	Oct. 31, 2024 USD ($) $ / shares	Oct. 31, 2024 USD ($) $ / shares
Long-Term Debt, Current Maturities	$ 150,000												$ 150,000		$ 150,000	$ 150,000		$ 150,000	$ 150,000	$ 150,000	$ 150,000
Board of Directors Chairman [Member] | Notes Payable, Other Payables [Member] | Promissory Note, June 28, 2023 [Member]
Notes Payable	15,000									$ 20,000			15,000		15,000	15,000		15,000		15,000	15,000
Debt Instrument, Interest Rate, Stated Percentage										8%
Debt Instrument, Maturity Date										Aug. 24, 2026
Board of Directors Chairman [Member] | Notes Payable, Other Payables [Member] | Promissory Note, August 24, 2023 [Member]
Notes Payable	35,000								$ 35,000				35,000		35,000	35,000		35,000		35,000	35,000
Debt Instrument, Interest Rate, Stated Percentage									8%
Debt Instrument, Maturity Date									Aug. 24, 2026
Board of Directors Chairman [Member] | Notes Payable, Other Payables [Member] | Promissory Note, August 5, 2024 [Member]
Notes Payable					$ 5,000
Debt Instrument, Interest Rate, Stated Percentage					8%
Debt Instrument, Maturity Date					Aug. 05, 2026
Board of Directors Chairman [Member] | Notes Payable, Other Payables [Member] | Promissory Note, August 12, 2024 [Member]
Notes Payable				$ 35,000
Debt Instrument, Interest Rate, Stated Percentage				8%
Debt Instrument, Maturity Date				Aug. 12, 2027
Board of Directors Chairman [Member] | Notes Payable, Other Payables [Member] | Promissory Note, September 10, 2024 [Member]
Notes Payable			$ 15,000
Debt Instrument, Interest Rate, Stated Percentage			8%
Debt Instrument, Maturity Date			Sep. 10, 2027
Board of Directors Chairman [Member] | Notes Payable, Other Payables [Member] | Promissory Note, October 29, 2024 [Member]
Notes Payable		$ 14,000
Debt Instrument, Interest Rate, Stated Percentage		8%
Debt Instrument, Maturity Date		Oct. 29, 2027
Related Party [Member]
Interest Expense, Debt													13,510	$ 10,885		25,639	$ 18,758
Related Party [Member] | Notes Payable, Other Payables [Member] | Promissory Note [Member]
Notes Payable	119,000												119,000		119,000	119,000		119,000	50,000	119,000	119,000
Interest Payable	7,198												7,198		7,198	$ 7,198		7,198	$ 4,098	7,198	7,198
Debt Instrument, Convertible, Number of Equity Instruments																0			0
Related Party [Member] | Convertible Debt [Member]
Interest Payable	$ 85,392												85,392		$ 85,392	$ 85,392		$ 85,392	$ 62,854	$ 85,392	$ 85,392
Interest Expense, Debt													$ 13,510	10,885		$ 25,639	18,758
Related Party [Member] | Convertible Debt [Member] | October 24, 2023 Convertible Note [Member]
Debt Instrument, Interest Rate, Stated Percentage								8%
Convertible Notes Payable								$ 105,000
Debt Instrument, Convertible, Number of Equity Instruments	5,519,354
Debt Instrument, Periodic Payment								$ 0
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ / shares	$ 0.0206												$ 0.0206		$ 0.0206	$ 0.0206		$ 0.0206		$ 0.0206	$ 0.0206
Debt Instrument, Maturity Date								Oct. 24, 2026
Related Party [Member] | Convertible Debt [Member] | March 22, 2024 Convertible Note [Member]
Debt Instrument, Interest Rate, Stated Percentage							8%
Convertible Notes Payable							$ 20,000
Debt Instrument, Convertible, Number of Equity Instruments																		1,277,210
Debt Instrument, Periodic Payment							$ 0
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ / shares	0.0165												0.0165		$ 0.0165	0.0165		$ 0.0165		0.0165	0.0165
Debt Instrument, Maturity Date							Mar. 22, 2027
Related Party [Member] | Convertible Debt [Member] | June 26, 2024 Convertible Note [Member]
Debt Instrument, Interest Rate, Stated Percentage						8%
Convertible Notes Payable						$ 40,000
Debt Instrument, Convertible, Number of Equity Instruments															2,163,864
Debt Instrument, Periodic Payment						$ 0
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ / shares	$ 0.019												$ 0.019		$ 0.019	$ 0.019		$ 0.019		$ 0.019	$ 0.019
Debt Instrument, Maturity Date						Jun. 26, 2027
Certain Officers and Directors [Member] | Convertible Debt [Member] | November 30, 2021 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage												5%
Interest Payable	$ 21,904												$ 21,904		$ 21,904	$ 21,904		$ 21,904	18,123	$ 21,904	$ 21,904
Convertible Notes Payable												$ 150,000
Debt Instrument, Convertible, Conversion Ratio												0.05
Long-Term Debt, Current Maturities	$ 150,000												$ 150,000		$ 150,000	$ 150,000		$ 150,000	$ 150,000	$ 150,000	$ 150,000
Debt Instrument, Convertible, Number of Equity Instruments																					3,438,082
Debt Instrument, Maturity Date												Apr. 30, 2025
Certain Officers and Directors [Member] | Convertible Debt [Member] | April 14, 2023 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage											8%
Convertible Notes Payable											$ 312,500
Debt Instrument, Convertible, Number of Equity Instruments																				18,255,082
Debt Instrument, Periodic Payment											$ 0
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ / shares	$ 0.02												$ 0.02		$ 0.02	$ 0.02		$ 0.02		$ 0.02	$ 0.02
Debt Instrument, Maturity Date											Apr. 14, 2026
An Officer, a Director and an Entity Controlled by Two Directors [Member] | Convertible Debt [Member] | April 14, 2023 Notes [Member]
Convertible Notes Payable											$ 52,500
Related Party, Controlled by Two Members of the Board [Member] | Convertible Debt [Member] | October 24, 2023 Convertible Note [Member]
Convertible Notes Payable								$ 90,000
Officer [Member] | Convertible Debt [Member] | October 24, 2023 Convertible Note [Member]
Convertible Notes Payable								$ 15,000
Management [Member] | Consulting Agreement [Member]
Deferred Compensation Arrangement with Individual, Compensation Expense													$ 7,500	$ 7,500		$ 15,000	$ 15,000

Note 5 - Related Party Transa_4

Note 5 - Related Party Transactions - Summary of Notes, Related Parties (Details) - Related Party [Member]	6 Months Ended	12 Months Ended
	Oct. 31, 2024 USD ($) $ / shares	Apr. 30, 2024 USD ($) $ / shares
Notes Payable, Other Payables [Member] | Promissory Note 1 [Member]
Interest rate	8%	8%
Conversion price per share (in dollars per share) | $ / shares	$ 0	$ 0
Debt Instrument, Convertible, Number of Equity Instruments	0	0
Principal amount	$ 0	$ 0
Interest Payable	852	852
Total	$ 852	$ 852
Notes Payable, Other Payables [Member] | Promissory Note 2 [Member]
Interest rate	8%	8%
Conversion price per share (in dollars per share) | $ / shares	$ 0	$ 0
Debt Instrument, Convertible, Number of Equity Instruments	0	0
Principal amount	$ 15,000	$ 15,000
Interest Payable	2,135	1,328
Total	$ 17,135	$ 16,328
Notes Payable, Other Payables [Member] | Promissory Note 3 [Member]
Interest rate	8%	8%
Conversion price per share (in dollars per share) | $ / shares	$ 0	$ 0
Debt Instrument, Convertible, Number of Equity Instruments	0	0
Principal amount	$ 35,000	$ 35,000
Interest Payable	3,329	1,918
Total	$ 38,329	$ 36,918
Notes Payable, Other Payables [Member] | Promissory Note 4 [Member]
Interest rate	8%
Conversion price per share (in dollars per share) | $ / shares	$ 0
Debt Instrument, Convertible, Number of Equity Instruments	0
Principal amount	$ 5,000
Interest Payable	95
Total	$ 5,095
Notes Payable, Other Payables [Member] | Promissory Note [Member]
Debt Instrument, Convertible, Number of Equity Instruments	0	0
Principal amount	$ 119,000	$ 50,000
Interest Payable	7,198	4,098
Total	$ 126,198	54,098
Notes Payable, Other Payables [Member] | Promissory Note 5 [Member]
Interest rate	8%
Conversion price per share (in dollars per share) | $ / shares	$ 0
Debt Instrument, Convertible, Number of Equity Instruments	0
Principal amount	$ 35,000
Interest Payable	613
Total	$ 35,613
Notes Payable, Other Payables [Member] | Promissory Note 6 [Member]
Interest rate	8%
Conversion price per share (in dollars per share) | $ / shares
Debt Instrument, Convertible, Number of Equity Instruments
Principal amount	$ 15,000
Interest Payable	168
Total	$ 15,168
Notes Payable, Other Payables [Member] | Promissory Note 7 [Member]
Interest rate	8%
Conversion price per share (in dollars per share) | $ / shares	$ 0
Debt Instrument, Convertible, Number of Equity Instruments	0
Principal amount	$ 14,000
Interest Payable	6
Total	14,006
Convertible Debt [Member]
Interest Payable	$ 85,392	$ 62,854
Convertible Debt [Member] | Convertible Promissory Note 1 [Member]
Interest rate	5%	5%
Conversion price per share (in dollars per share) | $ / shares	$ 0.05	$ 0.05
Debt Instrument, Convertible, Number of Equity Instruments	3,438,082	3,362,460
Principal amount	$ 150,000	$ 150,000
Interest Payable	21,904	18,123
Total	$ 171,904	$ 168,123
Convertible Debt [Member] | Convertible Promissory Note 2 [Member]
Interest rate	8%	8%
Conversion price per share (in dollars per share) | $ / shares	$ 0.02	$ 0.02
Debt Instrument, Convertible, Number of Equity Instruments	15,304,438	14,780,150
Principal amount	$ 260,000	$ 260,000
Interest Payable	46,089	35,603
Total	$ 306,089	$ 295,603
Convertible Debt [Member] | Convertible Promissory Note 3 [Member]
Interest rate	8%	8%
Conversion price per share (in dollars per share) | $ / shares	$ 0.02	$ 0.02
Debt Instrument, Convertible, Number of Equity Instruments	2,950,644	2,844,800
Principal amount	$ 52,500	$ 52,500
Interest Payable	6,513	4,396
Total	$ 59,013	$ 56,896
Convertible Debt [Member] | Convertible Promissory Note 4 [Member]
Interest rate	8%	8%
Conversion price per share (in dollars per share) | $ / shares	$ 0.0206	$ 0.0206
Debt Instrument, Convertible, Number of Equity Instruments	787,501	758,155
Principal amount	$ 15,000	$ 15,000
Interest Payable	1,223	618
Total	$ 16,223	$ 15,618
Convertible Debt [Member] | Convertible Promissory Note 5 [Member]
Interest rate	8%	8%
Conversion price per share (in dollars per share) | $ / shares	$ 0.0206	$ 0.0206
Debt Instrument, Convertible, Number of Equity Instruments	4,731,853	4,555,680
Principal amount	$ 90,000	$ 90,000
Interest Payable	7,476	3,847
Total	$ 97,476	$ 93,847
Convertible Debt [Member] | Convertible Promissory Note 6 [Member]
Interest rate	8%	8%
Conversion price per share (in dollars per share) | $ / shares	$ 0.0165	$ 0.0165
Debt Instrument, Convertible, Number of Equity Instruments	1,277,210	1,228,303
Principal amount	$ 20,000	$ 20,000
Interest Payable	1,074	267
Total	$ 21,074	$ 20,267
Convertible Debt [Member] | Convertible Promissory Notes [Member]
Debt Instrument, Convertible, Number of Equity Instruments	30,653,592	27,529,548
Principal amount	$ 627,500	$ 587,500
Interest Payable	85,392	62,854
Total	$ 712,892	$ 650,354
Convertible Debt [Member] | Convertible Promissory Note 7 [Member]
Interest rate	8%
Conversion price per share (in dollars per share) | $ / shares	$ 0.019
Debt Instrument, Convertible, Number of Equity Instruments	2,163,864
Principal amount	$ 40,000
Interest Payable	1,113
Total	$ 41,113

Note 6 - Warrants (Details Text

Note 6 - Warrants (Details Textual) - $ / shares		3 Months Ended		6 Months Ended
	Oct. 31, 2021	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 30, 2024	Oct. 31, 2023
Class of Warrant or Right, Issued During the Period (in shares)		0	0	0		0
Class of Warrant or Right, Exercised During Period (in shares)		0	0		0	0
Class of Warrant or Right, Forfeitures and Expirations in Period (in shares)		0	0	0		0
Warrants Issued for Future Services [Member]
Class of Warrant or Right, Issued During the Period (in shares)	2,000,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	$ 0.0442

Note 7 - Stock Options (Details

Note 7 - Stock Options (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Oct. 31, 2024	Oct. 31, 2023	Oct. 31, 2024	Oct. 31, 2023	Apr. 30, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number (in shares)	2,500,000		2,500,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Exercisable, Aggregate Intrinsic Value	$ 0		$ 0
Share Price (in dollars per share)	$ 0.0131		$ 0.0131
Mining Interests [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number (in shares)	0		0		935,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Expirations in Period (in shares)	935,000
The 2011 Stock Option Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number (in shares)	2,500,000		2,500,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Expirations in Period (in shares)	0	0		0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)	0	0		0
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 0		$ 0		$ 0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term (Year)			1 year 6 months
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 0.06		$ 0.06
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period (in shares)	0	0		0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period (in shares)	0	0		0

Note 7 - Stock Options - Additi

Note 7 - Stock Options - Additional Option Information (Details)	6 Months Ended
	Oct. 31, 2024 $ / shares shares
Balance outstanding at October 31, 2024 and April 30, 2024 (in shares) | shares	2,500,000
Balance outstanding at October 31, 2024 and April 30, 2024 (in dollars per share) | $ / shares	$ 0.06
The 2011 Stock Option Plan [Member]
Balance outstanding at October 31, 2024 and April 30, 2024 (in shares) | shares	2,500,000
Options outstanding and exercisable, remaining term (Year)	1 year 6 months
Balance outstanding at October 31, 2024 and April 30, 2024 (in dollars per share) | $ / shares	$ 0.06
The 2011 Stock Option Plan [Member] | Options Granted April 30, 2021 [Member]
Balance outstanding at October 31, 2024 and April 30, 2024 (in shares) | shares	2,500,000
Balance outstanding at October 31, 2024 and April 30, 2024 (in dollars per share) | $ / shares	$ 0.06
The 2011 Stock Option Plan [Member] | Options Granted on April 30, 2022 [Member]
Options outstanding and exercisable, remaining term (Year)	1 year 6 months

Note 7 - Stock Options - Summar

Note 7 - Stock Options - Summary of Options (Details)	Oct. 31, 2024 $ / shares shares
Balance outstanding at October 31, 2024 and April 30, 2024 (in shares) | shares	2,500,000
Balance outstanding at October 31, 2024 and April 30, 2024 (in dollars per share) | $ / shares	$ 0.06

Note 8 - Subsequent Events (Det

Note 8 - Subsequent Events (Details Textual) - Subsequent Event [Member] - Board of Directors Chairman [Member] - USD ($)	Jan. 29, 2025	Jan. 02, 2025	Dec. 04, 2024
Notes Payable, Other Payables [Member] | Promissory Note, December 4, 2024 [Member]
Notes Payable			$ 3,000
Debt Instrument, Maturity Date			Dec. 04, 2027
Debt Instrument, Interest Rate, Stated Percentage			8%
Notes Payable, Other Payables [Member] | Promissory Note, January 2, 2025 [Member]
Notes Payable		$ 6,000
Debt Instrument, Maturity Date		Jan. 02, 2028
Debt Instrument, Interest Rate, Stated Percentage		8%
Promissory Note, January 29, 2025 [Member]
Notes Payable	$ 15,000
Debt Instrument, Maturity Date	Jan. 29, 2028
Debt Instrument, Interest Rate, Stated Percentage	8%