Defense Technologies International (DTII) 10-Q 13 Mar 15 2015 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Jan. 31, 2015	Mar. 13, 2015
Document and Entity Information:
Entity Registrant Name	CANYON GOLD CORP.
Document Type	10-Q
Document Period End Date	31-Jan-15
Amendment Flag	FALSE
Entity Central Index Key	1533357
Current Fiscal Year End Date	-26
Entity Common Stock, Shares Outstanding		20,867,942
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
Entity Incorporation, State Country Name	Delaware
Entity Incorporation, Date of Incorporation	27-May-98

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Jan. 31, 2015	Apr. 30, 2014
Current assets:
Cash	$240	$396
Prepaid expenses	9,959	4,010
Total current assets	10,199	4,406
Mineral claims	277,820	277,820
TOTAL ASSETS	288,019	282,226
Current liabilities:
Accounts payable	134,582	99,567
Accrued interest payable	1,042	3,501
Accrued interest payable - related parties	9,480	50,613
Derivative liability	43,987	63,359
Convertible notes payable, net	180,111	322,779
Convertible notes payable - related parties	57,050	156,000
Notes payable - related parties	79,656	79,656
Payables - related parties	345,428	399,905
Total current liabilities	851,336	1,175,380
Total liabilities	851,336	1,175,380
Stockholders' deficit:
Preferred stock, $0.0001 par value; 20,000,000 shares authorized, 1,100,000 shares issued and outstanding	110	110
Common stock, $0.0001 par value; 200,000,000 shares authorized, 20,867,942 and 14,491,896 shares issued and outstanding, respectively	2,087	1,450
Additional paid-in capital	951,912	408,360
Accumulated deficit	-1,517,426	-1,303,074
Total stockholders' deficit	-563,317	-893,154
Total liabilities and stockholders' deficit	$288,019	$282,226

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS PARENTHETICAL (USD $)	Jan. 31, 2015	Apr. 30, 2014
CONDENSED CONSOLIDATED BALANCE SHEETS PARENTHETICAL
Preferred stock par value	$0.00	$0.00
Preferred stock shares authorized	20,000,000	20,000,000
Preferred stock shares issued	1,100,000	1,100,000
Preferred stock shares outstanding	1,100,000	1,100,000
Common stock par value	$0.00	$0.00
Common stock shares authorized	200,000,000	200,000,000
Common stock shares issued	20,867,942	14,491,896
Common stock shares outstanding	20,867,942	14,491,896

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Revenue
Expenses:
General and administrative	11,549	11,224	37,684	91,970
Management and administrative fees	22,500	18,000	67,500	39,000
Professional fees	15,295	16,168	69,045	57,001
Directors' fees		7,500	15,000	22,500
Exploration costs	1,650	1,650	7,250	12,350
Total expenses	50,994	54,542	196,479	222,821
Loss from operations	-50,994	-54,542	-196,479	-222,821
Interest expense	-8,934	-8,955	-48,578	-24,862
Gain (loss) on derivative liability	-4,038		11,008
Gain on settlement of debt	21,105	1,000	19,697	36,000
Total other income (expense)	8,133	-7,955	-17,873	11,138
Loss before income taxes	-42,861	-62,497	-214,352	-211,683
Provision for income taxes
Net loss	($42,861)	($62,497)	($214,352)	($211,683)
Net loss per common share - basic and diluted	$0	$0	($0.01)	($0.01)
Weighted average shares outstanding - basic and diluted	20,867,942	29,816,702	20,690,328	28,732,644

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
	Jan. 31, 2015	Jan. 31, 2014
Cash flows from operating activities:
Net loss	($214,352)	($211,683)
Adjustments to reconcile net loss to net cash used in operating activities:
Imputed interest on convertible notes payable	1,914	17,280
Amortization of debt discount to interest expense	30,826
Gain on derivative liability	-11,008
Gain on settlement of debt	-19,697	-36,000
Change in operating assets and liabilities:
(Increase) decrease in prepaid expenses	-5,949	-1,750
Increase in accounts payable	35,015	71,141
Increase in accrued interest payable	-53	1,126
Increase in accrued interest payable - related parties	8,575	3,601
Increase in payables - related parties	120,523	99,282
Net cash used in operating activities	-54,206	-57,003
Cash flows from investing activities
Net cash provided by investing activities
Cash flows from financing activities:
Proceeds from convertible notes payable - related parties	53,900	56,500
Proceeds from convertible notes payable	52,500
Repayment of convertible notes payable - related parties	-21,850
Repayment of convertible notes payable	-30,500
Net cash provided by financing activities	54,050	56,500
Net decrease in cash	-156	-503
Cash at beginning of period	396	503
Cash at end of period	$240

1_Nature_of_Operations_and_Con

1. Nature of Operations and Continuation of Business	9 Months Ended
	Jan. 31, 2015
Notes
1. Nature of Operations and Continuation of Business	1. Nature of Operations and Continuation of Business
	Canyon Gold Corp. (the "Company ") was incorporated in the State of Delaware on May 27, 1998 as Mayne International Ltd.  On September 5, 2000, the Company changed its name to Black Dragon Entertainment, Inc.  On July 31, 2002, the Company changed its name to Vita Biotech Corporation.  On May 27, 2004, the Company changed its name to August Energy Corp. and, subsequently on April 17, 2011, the Company changed its name to Canyon Gold Corp.
	On July 20, 2011, the Company acquired 100% of the issued shares of Long Canyon Gold Resources Corp. (“Long Canyon”), a private British Columbia, Canada Corporation, incorporated on June 19, 2008, in a share for share exchange for a total of 27,998,699 common shares and 500,000 Series B preferred shares to be issued by the Company to the shareholders of Long Canyon.  The Share Exchange was accounted for as a reverse acquisition and recapitalization and as a result, the consolidated financial statements of the Company (the legal acquirer) are, in substance, those of Long Canyon Gold Resources Corp. (the accounting acquirer), with the assets and liabilities, and revenue and expenses, of the Company being included effective from the date of the Share Exchange.  As the Share Exchange was accounted for as a reverse acquisition and recapitalization, there was no gain or loss recognized on the transaction.  The historical financial statements for periods prior to the Share Exchange are those of Long Canyon Gold Resources Corp. except that the equity section and earnings per share have been retroactively restated to reflect the Share Exchange.  As a result of the Share Exchange, the Company continues its’ mineral exploration activities.
	Going Concern
	These condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America applicable to a going concern.  Through January 31, 2015, the Company has no revenues, has accumulated losses of $1,517,426 since inception on June 19, 2008 and a working capital deficit of $841,137 and expects to incur further losses in the development of its business, all of which cast substantial doubt about the Company’s ability to continue as a going concern.  Management plans to continue to provide for the Company's capital needs during the year ending April 30, 2015 by issuing debt and equity securities and by the continued support of its related parties (see Note 4).  The condensed consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue in existence.  There is no assurance that funding will be available to continue the Company’s business operations.

2_Basis_of_Presentation

2. Basis of Presentation	9 Months Ended
	Jan. 31, 2015
Notes
2. Basis of Presentation	2. Basis of Presentation
	These condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States.  The Company’s fiscal year end is April 30.  These condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Long Canyon.  All inter-company transactions and balances have been eliminated.
	The interim condensed consolidated financial statements have been prepared without audit in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Securities and Exchange Commission (“SEC”) Form 10-Q.  They do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements.  Therefore, these unaudited interim condensed consolidated financial statements should be read in conjunction with the Company’s audited financial statements and notes thereto for the year ended April 30, 2014 included in its Annual Report on Form 10-K filed with the SEC.
	The interim condensed consolidated financial statements included herein are unaudited; however, they contain all normal recurring accruals and adjustments that, in the opinion of management, are necessary to present fairly the Company’s consolidated financial position as of January 31, 2015, the consolidated results of its operations for the three months and nine months ended January 31, 2015 and 2014, and its consolidated cash flows for the nine months ended January 31, 2015 and 2014.  The results of operations for the three months and nine months ended January 31, 2015 are not necessarily indicative of the results to be expected for future quarters or the full year ending April 30, 2015.

3_Mineral_Claims

3. Mineral Claims	9 Months Ended
	Jan. 31, 2015
Notes
3. Mineral Claims	3. Mineral Claims
	On April 7, 2014, the Company, on behalf of its wholly owned subsidiary, Long Canyon, executed an agreement with EMAC Handels AG (“EMAC”), the majority shareholder of the Company at the date of the agreement and a related party, to acquire a 100% interest in 180 mineral lease claims in the Long Canyon Trend area of Elko County, Nevada.  The Company issued 12,000,000 restricted shares of its common stock to EMAC valued at $240,000, the historical cost basis of the mineral properties to EMAC.  This amount has been recorded as mineral claims, a non-current asset in the Company’s consolidated balance sheets.
	On March 12, 2011, the Company’s wholly owned subsidiary, Long Canyon, acquired a 100% interest in 30 mineral claims located in the State of Nevada for $37,820.  This amount has been recorded as mineral claims, a non-current asset in the Company’s condensed consolidated balance sheets.
	On March 19, 2011, the Company acquired a 100% interest in 15 of the mineral claims acquired by Long Canyon for $17,830 consisting of $17,770 in cash and a payable of $60.  On July 22, 2011, that payable was satisfied with the issuance of 600,000 shares of Series A Preferred Stock at $0.0001 per share issued to a related party of Long Canyon.
	The Company is committed to pay a 3% Net Smelter Royalty on all the claims acquired by Long Canyon.

4_Related_Party_Transactions_a

4. Related Party Transactions and Balances	9 Months Ended
	Jan. 31, 2015
Notes
4. Related Party Transactions and Balances	4. Related Party Transactions and Balances
	Management and administrative services are compensated as per a Service Agreement between the Company and its Chief Executive Officer executed on April 30, 2011, a Service Agreement between the Company and its former Chief Executive Officer executed on December 6, 2012, and an Administration Agreement with a related party executed on March 15, 2011, whereby the fee is based on services provided and invoiced by the related parties on a monthly basis and the fees are paid in cash when possible or with common stock.  The Company also, from time to time, has some of its expenses paid by related parties with the intent to repay.  These types of transactions, when incurred, result in payables to related parties in the Company’s consolidated financial statements as a necessary part of funding the Company’s operations.
	On May 15, 2011, the Company entered into an agreement with a related party wherein the Company has the option to acquire 100% interest in an additional 275 mineral claims located in the same areas in Nevada as the mineral claims previously acquired.  The related party shall hold a 2% Net Smelter Royalty on these claims.  As of January 31, 2015, the option had not been exercised.  The Company and the related party have from time to time entered into extension agreements and the option has currently been extended to December 31, 2015.  Consideration for this acquisition is to be $600,000 cash.
	As of January 31, 2015 and April 30, 2014, the Company had payable balances due to related parties totaling $345,428 and $399,905, respectively, which resulted from transactions with significant shareholders.
	Convertible notes payable – related parties consisted of the following at:
		31-Jan-15	30-Apr-14
		$           25,000	$           25,000
	Note payable to related party, no interest, convertible    into common stock of the Company at $0.10 per    share, imputed interest at 9% per annum
	Note payable to related party, interest at 6%,    convertible into common stock of the Company at    $0.10 per share	32,050	-
	Note payable to related party, no interest, convertible    into common stock of the Company at $0.10 per    share, imputed interest at 9% per annum	-	101,000
	Note payable to related party, no interest, convertible    into common stock of the Company at $0.10 per    share, imputed interest at 9% per annum	-	30,000
		$           57,050	$         156,000
	On May 4, 2014, the Company issued 1,507,080 shares of its common stock in the conversion of the $101,000 convertible note payable - related party and accrued interest payable – related party of $49,708.
	On May 4, 2014, the Company issued 600,000 shares of its common stock in the conversion of the $30,000 convertible note payable – related party.
	Convertible notes payable – related parties issued prior to the current fiscal year were convertible 30 days from the first day the Company’s common shares are qualified for trading on the OTC Bulletin Board, which occurred in November 2012.  As of January 31, 2015, the convertible note payable – related party of $25,000 had not been converted and therefore is in default.
	Historically, there has been no determinable and active market value for the Company’s common stock. Accordingly, no beneficial conversion feature or derivative liabilities were determinable or have been recognized related to the Company’s convertible notes payable – related parties.  These convertible features will be evaluated in subsequent periods for fair value determination.
	Notes payable – related parties, all of which are in default, consisted of the following at:
		31-Jan-15	30-Apr-14
		$           24,656	$           24,656
	Note payable to related party, with interest at 6% per    annum, due September 15, 2013
	Note payable to related party, with interest at 6% per    annum, due March 8, 2014	7,500	7,500
	Note payable to related party, with interest at 6% per    annum, due December 5, 2013	47,500	47,500
		$           79,656	$           79,656
	Accrued interest payable – related parties was $9,480 and $50,613 at January 31, 2015 and April 30, 2014, respectively.

5_Convertible_Notes_Payable

5. Convertible Notes Payable	9 Months Ended
	Jan. 31, 2015
Notes
5. Convertible Notes Payable	5. Convertible Notes Payable
	Convertible notes payable consisted of the following at:
		31-Jan-15	30-Apr-14
		$                    -	$         100,000
	Note payable, no interest, convertible into common    stock of the Company at $0.125 per share, imputed    interest at 9% per annum
	Note payable, with interest at 6% per annum,    convertible into common stock of the Company at    $0.05 per share	-	25,010
	Note payable, no interest, convertible into common    stock of the Company at $0.05 per share	11,000	36,000
	Note payable, no interest, convertible into common    stock of the Company at $0.10 per share 90 days    from demand	141,150	141,150
	Note payable, no interest, convertible into common    stock of the Company at $0.10 per share on a    quarterly basis	14,500	-
	Note payable to institutional investor, with interest at    8% per annum, convertible into common stock of    the Company at defined conversion price, maturing    on September 5, 2015	38,000	42,500
	Other, with interest at 6% per annum	9,000	9,000
	Less discount	-33,539	-30,881
		$         180,111	$         322,779
	On May 4, 2014, the Company issued 800,000 shares of its common stock in the conversion of the $100,000 convertible note payable.
	On May 4, 2014, the Company issued 1,000,000 shares of its common stock in the conversion of the $25,010 convertible note payable, $25,000 of the $36,000 convertible note payable, $2,406 in accrued interest payable, recognizing a gain on settlement of debt of $2,416.
	The $11,000 and $141,150 convertible notes payable outstanding at January 31, 2015 were convertible 30 days from the first day the Company’s common shares are qualified for trading on the OTC Bulletin Board, which occurred in November 2012.  As of January 31, 2015, these two convertible notes had not been converted and therefore are in default.
	On February 13, 2014, the Company entered into a convertible promissory note with an institutional investor (“Investor”) for $42,500, which bears interest at an annual rate of 8% and matures on November 18, 2014.  The Investor has the right, after the first 180 days of the note, to convert the note and accrued interest in whole or in part into shares of the common stock of the Company at a price per share equal to 58% (representing a discount rate of 42%) of the average of the lowest three trading prices for the Company’s common stock during the ten trading day period ending one trading day prior to the date of the conversion notice.  At any time for the period beginning on the date of the note and ending on the date which is 30 days following the date of the note, the Company may prepay the note upon payment of an amount equal to the outstanding principal multiplied by 120%, together with accrued and unpaid interest.  The amount of the prepayment increases every subsequent 30 days to 125%, 130%, 135%, 140% and 145% of the outstanding principal together with accrued and unpaid interest.  After the expiration of 180 days following the date of the note, the Company will have no right of prepayment.
	At the inception of the convertible note to institutional investor, the Company recorded debt issuance costs of $2,500 in prepaid expenses, a debt discount of $42,500 and a derivative liability of $52,962 related to the conversion feature.  Interest expense for the amortization of the debt discount is calculated on a straight-line basis over the life of the convertible note.
	On August 21, 2014, the Company issued 68,966 shares of its common stock in the conversion of $12,000 principal of the convertible note payable to institutional investor.  The Company repaid the remaining principal balance of $30,500 in November 2014.
	On December 3, 2014, the Company entered into a convertible promissory note with an institutional investor (“Investor”) for $38,000, which bears interest at an annual rate of 8% and matures on September 5, 2015.  The Investor has the right, after the first 180 days of the note, to convert the note and accrued interest in whole or in part into shares of the common stock of the Company at a price per share equal to 58% (representing a discount rate of 42%) of the average of the lowest three trading prices for the Company’s common stock during the ten trading day period ending one trading day prior to the date of the conversion notice.  At any time for the period beginning on the date of the note and ending on the date which is 30 days following the date of the note, the Company may prepay the note upon payment of an amount equal to the outstanding principal multiplied by 120%, together with accrued and unpaid interest.  The amount of the prepayment increases every subsequent 30 days to 125%, 130%, 135%, 140% and 145% of the outstanding principal together with accrued and unpaid interest.  After the expiration of 180 days following the date of the note, the Company will have no right of prepayment.
	At the inception of the convertible note to institutional investor, the Company recorded debt issuance costs of $3,000 in prepaid expenses, and a debt discount and derivative liability of $37,326 related to the conversion feature.  Interest expense for the amortization of the debt discount is calculated on a straight-line basis over the life of the convertible note.
	During the nine months ended January 31, 2015, we had the following activity in the accounts related to the convertible note to institutional investor:
		Derivative Liability	Debt Discount	Gain on Derivative Liability
	Balance at April 30, 2014	$      63,359	$     30,881	$               -
	Issuance of convertible note	37,326	37,326
	Gain on derivative liability	-11,008	-	-11,008
	Conversion of debt to shares of common stock    and repayment of debt	-45,690	-3,842
	Amortization of debt discount to interest expense	-	-30,826	-
	Balance at January 31, 2015	$      43,987	$     33,539	$     (11,008)
	The estimated fair value of the derivative liability at January 31, 2015 was calculated using the Black-Scholes pricing model with the following assumptions:
	Risk-free interest rate	0.07%
	Expected life in years	0.59
	Dividend yield	0%
	Expected volatility	133.90%
	Accrued interest payable was $1,042 and $3,501 at January 31, 2015 and April 30, 2014, respectively.

6_Financial_Instruments

6. Financial Instruments	9 Months Ended
	Jan. 31, 2015
Notes
6. Financial Instruments	6. Financial Instruments
	Pursuant to ASC 820, Fair Value Measurements and Disclosures and ASC 825, Financial Instruments, an entity is required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value using a hierarchy based on the level of independent, objective evidence when measuring fair value using a hierarch based on the level of independent, objective evidence surrounding the inputs used to measure fair value.  A financial instrument’s categorization with the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement.  The hierarchy prioritized 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 markets that are not active.
	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.
	As of January 31, 2015, the Company believes the amounts reported for cash, payables, accrued liabilities and amounts due to related parties approximate their fair values due to the nature or duration of these instruments.  In addition, the fair value of certain of the Company’s convertible notes was not determinable since there has been no current market value for the Company’s common stock.  Accordingly, no beneficial conversion feature or derivative liabilities were determinable or have been recognized related to these convertible notes payable.
	The convertible note payables to institutional investors and related derivative liability are measured at fair value on a recurring basis and estimated as follows at January 31, 2015:
		Total	Level 1	Level 2	Level 3
	Derivative liability	$           43,987	$                       -	$                        -	$           43,987
	Convertible notes payable	38,000	-	-	38,000
	Total liabilities measured    at fair value	$         81,987	$                       -	$                        -	$         81,987

7_Stockholders_Deficit

7. Stockholders' Deficit	9 Months Ended
	Jan. 31, 2015
Notes
7. Stockholders' Deficit	7. Stockholders’ Deficit
	Common Stock:
	The Company has 200,000,000 shares of $0.0001 par value common stock authorized.  On February 20, 2014, a majority of the shareholders of the Company holding 82.95% of the Company’s voting stock approved a 20:1 reverse stock split.   On March 3, 2014, a request was filed with the Financial Industry Regulatory Authority (FINRA) to approve the reverse split.  FINRA approved the reverse split effective April 4, 2014.  The reverse stock split has been given retroactive effect in the accompanying consolidated financial statements and notes thereto.
	During the nine months ended January 31, 2015, the Company issued a total of 6,376,046 shares of its common stock:  1,868,966 shares for convertible notes payable (net of discount) of $158,168, accrued interest payable of $2,406, derivative liability of $24,584 and loss on extinguishment of debt of $1,408; 2,107,080 shares for convertible notes payable – related parties of $131,000 and accrued interest payable of $49,708; and 2,400,000 shares for payables – related parties of $175,000.
	Preferred Stock:
	The Company has 20,000,000 shares of $0.0001 par value preferred stock.
	During the year ended April 30, 2012, the Company issued 600,000 shares of Series A convertible preferred stock to a related party in payment of an outstanding debt.  The Series A convertible preferred shares are convertible into ten common voting shares and carry voting rights on the basis of 100 votes per share with rights and preferences being decided by the Board of Directors of the Company.
	During the year ended April 30, 2012, the Company issued 500,000 shares of Series B convertible preferred stock in the acquisition of Long Canyon (see Note 1).  The Series B convertible preferred shares are convertible into ten common voting shares and carry no voting rights.

8_Contingencies_and_Commitment

8. Contingencies and Commitments	9 Months Ended
	Jan. 31, 2015
Notes
8. Contingencies and Commitments	8. Contingencies and Commitments
	(a)   Litigation
	From time to time, the Company may become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business.  However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm the Company.  The Company is currently not aware of any such legal proceedings or claims that the Company believes will have, individually or in the aggregate, a material adverse effect on its business, financial condition or operating results.
	(b)   Indemnities and Guarantees
	During the normal course of business, the Company has made certain indemnities and guarantees under which it may be required to make payments in relation to certain transactions.  The Company indemnifies its directors, officers, employees and agents to the maximum extent permitted under the laws of the State of Nevada.  These indemnities include certain agreements with the Company's officers under which the Company may be required to indemnify such person for liabilities arising out of their employment relationship.  The duration of these indemnities and guarantees varies and, in certain cases, is indefinite.  The majority of these indemnities and guarantees do not provide for any limitation of the maximum potential future payments the Company could be obligated to make. Historically, the Company has not been obligated to make significant payments for these obligations and no liabilities have been recorded for these indemnities and guarantees in the accompanying consolidated balance sheets.
	(c)    Commitments
	The Company has the following commitments as of January 31, 2015:
	a)	Administration Agreement with EMAC Handels AG, signed on April 20, 2011, for a six-year term. From May 2011 to April 2013, the Company paid EMAC a monthly fee of $3,500 for administration services, office rent of $250, and office supplies of $125.  Commencing May 1, 2013, the monthly fee for administrative services increased to $5,000. Extraordinary expenses are invoiced by EMAC on a quarterly basis.  The fee may be paid in cash and or with common stock.
	b)	Service Agreement with Stephen M. Studdert, President of Long Canyon, for administration fees of $2,500 per month, signed on December 6, 2012. The fees may be paid in cash and or with common stock.
	c)	On May 15, 2011, the Company executed an option agreement wherein the Company has the option to acquire 100% interest in 275 mineral claims located in the same areas in Nevada for consideration of $600,000 cash, and in addition, the Company shall be obligated to pay the related party a 2% Net Smelter Royalty on these claims.  The option agreement stated the option must be exercised by May 31, 2012.  As of January 31, 2015, the option had not been exercised.  The Company and the related party have from time to time entered into extension agreements and the option has currently been extended to December 31, 2015.  There was no additional cost or consideration related to the extension of this option.
	d)	In order to maintain the Company’s claims and/or leases, the Company must make annual payments to the Bureau of Land Management (“BLM”) and the State of Nevada, due in September of each year.  Payment to the BLM is currently $150 per claim and the State of Nevada is currently $70 per claim.  The annual payments for the 275 claims currently under option are the responsibility of the related party optioning the claims to the Company.

9_Recent_Accounting_Pronouncem

9. Recent Accounting Pronouncements	9 Months Ended
	Jan. 31, 2015
Notes
9. Recent Accounting Pronouncements	9. Recent Accounting Pronouncements
	In June 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation. The amendments in this Update remove the financial statement distinction between development stage entities and other reporting entities from U.S. generally accepted accounting principles (“GAAP”).  In addition, the amendments eliminate the requirements for development stage entities to: (1) present inception-to-date information in the statements of income, cash flows and shareholder equity; (2) label the financial statements as those of a development stage entity; (3) disclose a description of the development stage activities in which the entity is engaged; and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage.
	For public entities, the amendments are effective for annual reporting periods beginning after December 15, 2014, and interim periods therein.  Early application of each of the amendments is permitted for any annual reporting period or interim period for which the entity’s financial statements have not yet been issued.  The Company adopted the provisions of ASU No. 2014-10 during its first fiscal quarter ended July 31, 2014.
	In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements – Going Concern (Subtopic 310-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.  The amendments in this Update provide guidance in GAAP about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures.  In doing so, the amendments are intended to reduce diversity in the timing and content of footnote disclosures.  The amendments are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter.  Early application is permitted.  The Company has not determined the impact of the future adoption of the provisions of ASU No. 2014-15 on its consolidated financial statements.

10_Supplemental_Statement_of_C

10. Supplemental Statement of Cash Flows Information	9 Months Ended
	Jan. 31, 2015
Notes
10. Supplemental Statement of Cash Flows Information	10. Supplemental Statement of Cash Flows Information
	During the nine months ended January 31, 2015 and 2014, the Company paid $1,550 and $0 for interest.
	During the nine months ended January 31, 2015 and 2014, the Company paid no amounts for income taxes.
	During the nine months ended January 31, 2015, the Company had the following non-cash investing and financing activities:
	Increased common stock by $239, increased additional paid-in capital by $174,761 and decreased payables – related parties by $175,000.
	Increased common stock by $211, increased additional paid-in capital by $180,497, decreased accrued interest payable – related parties by $49,708 and decreased convertible notes payable – related parties by $131,000.
	Increased common stock by $187, increased additional paid-in capital by $186,380, decreased accrued interest payable by $2,406 and decreased convertible notes payable (net of discount) by $158,168.
	Increased debt discount and derivative liability by $37,326.
	During the nine months ended January 31, 2014, the Company had the following non-cash investing and financing activities:
	Increased common stock by $170, increased additional paid-in capital by $169,830 and decreased payables – related parties by $170,000.

11_Subsequent_Events

11. Subsequent Events	9 Months Ended
	Jan. 31, 2015
Notes
11. Subsequent Events	11. Subsequent Events
	In accordance with ASC 855, Subsequent Events, the Company has evaluated subsequent events to determine events occurring after January 31, 2015 that would have a material impact on the Company’s financial results or require disclosure.
	In March 2015, the Company borrowed $16,000 through a convertible promissory note from an institutional investor.  The note bears interest at 8% per annum and matures nine months following the date of the note.  After 180 days, the note is convertible into shares of the Company’s common stock at a defined conversion price.

1_Nature_of_Operations_and_Con1

1. Nature of Operations and Continuation of Business: Going Concern (Policies)	9 Months Ended
	Jan. 31, 2015
Policies
Going Concern	Going Concern
	These condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America applicable to a going concern.  Through January 31, 2015, the Company has no revenues, has accumulated losses of $1,517,426 since inception on June 19, 2008 and a working capital deficit of $841,137 and expects to incur further losses in the development of its business, all of which cast substantial doubt about the Company’s ability to continue as a going concern.  Management plans to continue to provide for the Company's capital needs during the year ending April 30, 2015 by issuing debt and equity securities and by the continued support of its related parties (see Note 4).  The condensed consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue in existence.  There is no assurance that funding will be available to continue the Company’s business operations.

4_Related_Party_Transactions_a1

4. Related Party Transactions and Balances: Schedule of Convertible Notes Payable Related Parties (Tables)	9 Months Ended
	Jan. 31, 2015
Tables/Schedules
Schedule of Convertible Notes Payable Related Parties
		31-Jan-15	30-Apr-14
		$           25,000	$           25,000
	Note payable to related party, no interest, convertible    into common stock of the Company at $0.10 per    share, imputed interest at 9% per annum
	Note payable to related party, interest at 6%,    convertible into common stock of the Company at    $0.10 per share	32,050	-
	Note payable to related party, no interest, convertible    into common stock of the Company at $0.10 per    share, imputed interest at 9% per annum	-	101,000
	Note payable to related party, no interest, convertible    into common stock of the Company at $0.10 per    share, imputed interest at 9% per annum	-	30,000
		$           57,050	$         156,000

4_Related_Party_Transactions_a2

4. Related Party Transactions and Balances: Schedule of Notes Payable Related Parties (Tables)	9 Months Ended
	Jan. 31, 2015
Tables/Schedules
Schedule of Notes Payable Related Parties
		31-Jan-15	30-Apr-14
		$           24,656	$           24,656
	Note payable to related party, with interest at 6% per    annum, due September 15, 2013
	Note payable to related party, with interest at 6% per    annum, due March 8, 2014	7,500	7,500
	Note payable to related party, with interest at 6% per    annum, due December 5, 2013	47,500	47,500
		$           79,656	$           79,656

5_Convertible_Notes_Payable_Sc

5. Convertible Notes Payable: Schedule of Convertible Notes Payable (Tables)	9 Months Ended
	Jan. 31, 2015
Tables/Schedules
Schedule of Convertible Notes Payable
		31-Jan-15	30-Apr-14
		$                    -	$         100,000
	Note payable, no interest, convertible into common    stock of the Company at $0.125 per share, imputed    interest at 9% per annum
	Note payable, with interest at 6% per annum,    convertible into common stock of the Company at    $0.05 per share	-	25,010
	Note payable, no interest, convertible into common    stock of the Company at $0.05 per share	11,000	36,000
	Note payable, no interest, convertible into common    stock of the Company at $0.10 per share 90 days    from demand	141,150	141,150
	Note payable, no interest, convertible into common    stock of the Company at $0.10 per share on a    quarterly basis	14,500	-
	Note payable to institutional investor, with interest at    8% per annum, convertible into common stock of    the Company at defined conversion price, maturing    on September 5, 2015	38,000	42,500
	Other, with interest at 6% per annum	9,000	9,000
	Less discount	-33,539	-30,881
		$         180,111	$         322,779

5_Convertible_Notes_Payable_Sc1

5. Convertible Notes Payable: Schedule of Derivative Liability Related to the Conversion Feature (Tables)	9 Months Ended
	Jan. 31, 2015
Tables/Schedules
Schedule of Derivative Liability Related to the Conversion Feature
		Derivative Liability	Debt Discount	Gain on Derivative Liability
	Balance at April 30, 2014	$      63,359	$     30,881	$               -
	Issuance of convertible note	37,326	37,326
	Gain on derivative liability	-11,008	-	-11,008
	Conversion of debt to shares of common stock    and repayment of debt	-45,690	-3,842
	Amortization of debt discount to interest expense	-	-30,826	-
	Balance at January 31, 2015	$      43,987	$     33,539	$     (11,008)

5_Convertible_Notes_Payable_Sc2

5. Convertible Notes Payable: Schedule of Assumptions for Fair Value as of Balance Sheet Date of Assets or Liabilities (Tables)	9 Months Ended
	Jan. 31, 2015
Tables/Schedules
Schedule of Assumptions for Fair Value as of Balance Sheet Date of Assets or Liabilities
	Risk-free interest rate	0.07%
	Expected life in years	0.59
	Dividend yield	0%
	Expected volatility	133.90%

6_Financial_Instruments_Fair_V

6. Financial Instruments: Fair Value, Assets Measured on Recurring Basis (Tables)	9 Months Ended
	Jan. 31, 2015
Tables/Schedules
Fair Value, Assets Measured on Recurring Basis
		Total	Level 1	Level 2	Level 3
	Derivative liability	$           43,987	$                       -	$                        -	$           43,987
	Convertible notes payable	38,000	-	-	38,000
	Total liabilities measured    at fair value	$         81,987	$                       -	$                        -	$         81,987

1_Nature_of_Operations_and_Con2

1. Nature of Operations and Continuation of Business (Details)	9 Months Ended
	Jan. 31, 2015	Jul. 20, 2011
Details
Entity Incorporation, State Country Name	Delaware
Entity Incorporation, Date of Incorporation	27-May-98
Share Exchange - Common Shares		27,998,699
Share Exchange - Series B Preferred Shares		500,000

1_Nature_of_Operations_and_Con3

1. Nature of Operations and Continuation of Business: Going Concern (Details) (USD $)	3 Months Ended		9 Months Ended		73 Months Ended
	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014	Jul. 31, 2014
Details
Net loss	$42,861	$62,497	$214,352	$211,683	$1,517,426
Working capital deficit	$841,137		$841,137

3_Mineral_Claims_Details

3. Mineral Claims (Details) (USD $)	9 Months Ended
	Jan. 31, 2015	Jul. 22, 2011	Mar. 19, 2011
Details
Payments for mineral claims	$37,820		$17,830
Cash payments for mineral claims			17,770
Payable for mineral claims			$60
Shares of Series A stock issued for payable for mineral claims		600,000
Shares of Series A stock issued for payable for mineral claims price per share		$0.00
Net Smelter Royalty	3.00%

4_Related_Party_Transactions_a3

4. Related Party Transactions and Balances (Details) (USD $)	Jan. 31, 2015	Apr. 30, 2014	15-May-11
Consideration for acquisition of 275 mineral mines			$600,000
Payables - related parties	345,428	399,905
Common stock shares issued	20,867,942	14,491,896
Accrued interest payable - related parties	$9,480	$50,613
Notes payable related party 2
Common stock shares issued	1,507,080
Notes payable related party 3
Common stock shares issued	600,000

4_Related_Party_Transactions_a4

4. Related Party Transactions and Balances: Schedule of Convertible Notes Payable Related Parties (Details) (USD $)	Jan. 31, 2015	Apr. 30, 2014
Convertible notes payable - related parties	$57,050	$156,000
Notes payable related party 1
Convertible notes payable - related parties	25,000	25,000
Notes payable related party 2
Convertible notes payable - related parties	32,050
Notes payable related party 3
Convertible notes payable - related parties		101,000
NotesPayableRelatedParty4Member
Convertible notes payable - related parties		$30,000

4_Related_Party_Transactions_a5

4. Related Party Transactions and Balances: Schedule of Notes Payable Related Parties (Details) (USD $)	Jan. 31, 2015	Apr. 30, 2014
Notes payable - related parties	$79,656	$79,656
Notes payable related party 1
Notes payable - related parties	24,656	24,656
Notes payable related party 2
Notes payable - related parties	7,500	7,500
Notes payable related party 3
Notes payable - related parties	$47,500	$47,500

5_Convertible_Notes_Payable_Sc3

5. Convertible Notes Payable: Schedule of Convertible Notes Payable (Details) (USD $)	Jan. 31, 2015	Apr. 30, 2014
Debt Instrument, Unamortized Discount	($33,539)	($30,881)
Convertible notes payable, net	180,111	322,779
Convertible Note Payable 1
Convertible Notes Payable, Current		100,000
Convertible Note Payable 2
Convertible Notes Payable, Current		25,010
Convertible Note Payable 3
Convertible Notes Payable, Current	11,000	36,000
Convertible Note Payable 4
Convertible Notes Payable, Current	141,150	141,150
Convertible Note Payable 5
Convertible Notes Payable, Current	14,500
Convertible Note Payable 6
Convertible Notes Payable, Current	38,000	42,500
Other Convertible Debt
Convertible Notes Payable, Current	$9,000	$9,000

5_Convertible_Notes_Payable_De

5. Convertible Notes Payable (Details) (USD $)	9 Months Ended		12 Months Ended	1 Months Ended
	Jan. 31, 2015	Jan. 31, 2014	Apr. 30, 2014	Feb. 28, 2014
Common stock shares issued	20,867,942		14,491,896
GainOnSettlementOfDebt	$19,697	$36,000	$2,416
Convertible Promissory Note	42,500
Derivative Liability Related to the Conversion Feature	63,359
Common Stock Issued in Conversion of Principle into Convertible Note Payable	68,966
Value of Common Stock Issued in Conversion of Principle into Convertible Note Payable	12,000
Derivative liability related to the issuance of conversion feature	37,326
IssuanceOfConvertible Promissory Note Debt Discount	37,326
Accrued interest payable	1,042		3,501
Convertible Note Payable 1
Common stock shares issued			800,000
Convertible Notes Payable, Current			100,000
Convertible Note Payable 2
Common stock shares issued			1,000,000
Convertible Notes Payable, Current			25,010
Convertible Note Payable 6
Convertible Notes Payable, Current	38,000		42,500
Debt Issuance Cost				2,500
Debt discount related to the conversion feature				42,500
Derivative Liability Related to the Conversion Feature				52,962
Prepaid Expense, Current	3,000
Derivative Liability
Accrued interest payable	$1,042		$3,501

5_Convertible_Notes_Payable_Sc4

5. Convertible Notes Payable: Schedule of Derivative Liability Related to the Conversion Feature (Details) (USD $)	3 Months Ended	9 Months Ended
	Jan. 31, 2015	Jan. 31, 2015	Apr. 30, 2014
Details
Derivative Liability Related to the Conversion Feature		$63,359
Convertible Promissory Note Debt Discount		30,881
Derivative liability related to the issuance of conversion feature		37,326
IssuanceOfConvertible Promissory Note Debt Discount		37,326
Gain on derivative liability		-11,008
Conversion of debt to shares of common stock - Derivative Liability		-45,690
Conversion of debt to shares of common stock - Debt Discount		-3,842
Amortization of debt discount to interest expense		-30,826
Derivative liability	43,987	43,987	63,359
Debt Instrument, Unamortized Discount	33,539	33,539	30,881
Gain (loss) on derivative liability	$4,038	($11,008)

5_Convertible_Notes_Payable_Sc5

5. Convertible Notes Payable: Schedule of Assumptions for Fair Value as of Balance Sheet Date of Assets or Liabilities (Details)	9 Months Ended
	Jan. 31, 2015
Details
Fair Value Assumptions, Risk Free Interest Rate	0.07%
Fair Value Assumptions, Expected Term	7 months 2 days
Fair Value Assumptions, Expected Dividend Rate	0.00%
Fair Value Assumptions, Expected Volatility Rate	133.90%

6_Financial_Instruments_Fair_V1

6. Financial Instruments: Fair Value, Assets Measured on Recurring Basis (Details) (USD $)	Jan. 31, 2015	Apr. 30, 2014
Derivative Liability, Fair Value, Gross Asset	$43,987
Convertible notes payable, net	180,111	322,779
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	81,987
Fair Value, Inputs, Level 3
Derivative Liability, Fair Value, Gross Asset	43,987
Convertible notes payable, net	38,000
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	$81,987

7_Stockholders_Deficit_Details

7. Stockholders' Deficit (Details) (USD $)	9 Months Ended	12 Months Ended
	Jan. 31, 2015	Apr. 30, 2012	Apr. 30, 2014
Common stock shares authorized	200,000,000		200,000,000
Common stock par value	$0.00		$0.00
Shares of common stock issued for payables - related parties - shares	6,376,046
Shares of common stock issued for payables - related parties	$175,000
Preferred stock shares authorized	20,000,000		20,000,000
Preferred stock par value	$0.00		$0.00
Preferred Stock
Preferred Series A shares issued at par for payables - Shares		600,000
Recapitalization with reverse acquisition - Shares		500,000

8_Contingencies_and_Commitment1

8. Contingencies and Commitments (Details) (USD $)	15-May-11
Details
Consideration for acquisition of 275 mineral mines	$600,000

10_Supplemental_Statement_of_C1

10. Supplemental Statement of Cash Flows Information (Details) (USD $)	9 Months Ended
	Jan. 31, 2015	Jan. 31, 2014
Interest Paid	$1,550	$0
Common Stock Issued For Payables Related Parties	175,000	170,000
Common Stock Issued for interest payable - related parties 1	49,708
Common Stock Issued for interest payable - related parties 2	2,406
IssuanceOfConvertible Promissory Note Debt Discount	37,326
Derivative liability related to the issuance of conversion feature	37,326
Common Stock
Common Stock Issued For Payables Related Parties	239	170
Common Stock Issued for interest payable - related parties 1	211
Common Stock Issued for interest payable - related parties 2	187
Additional Paid-in Capital
Common Stock Issued For Payables Related Parties	174,761	169,830
Common Stock Issued for interest payable - related parties 2	$186,380

11_Subsequent_Events_Details

11. Subsequent Events (Details) (USD $)	1 Months Ended
	Mar. 31, 2015
Details
Promissory Note from an institutional investor	$16,000