Defense Technologies International (DTII) 10-K29 Jul 162016 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Apr. 30, 2016	Jul. 29, 2016	Oct. 31, 2015
Document and Entity Information:
Entity Registrant Name	DEFENSE TECHNOLOGIES INTERNATIONAL CORP.
Document Type	10-K
Document Period End Date	Apr. 30, 2016
Trading Symbol	cgcc
Amendment Flag	false
Entity Central Index Key	1,533,357
Current Fiscal Year End Date	--04-30
Entity Common Stock, Shares Outstanding		24,474,056
Entity Public Float			$ 2,452,397
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	2,016
Document Fiscal Period Focus	FY
Entity Incorporation, State Country Name	Delaware
Entity Incorporation, Date of Incorporation	May 27, 1998

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Apr. 30, 2016	Apr. 30, 2015
Current assets:
Cash	$ 23	$ 183
Prepaid expenses	18,169	5,858
Total current assets	18,192	6,041
Mineral claims		37,820
Total assets	18,192	43,861
Current liabilities:
Accounts payable	150,362	109,499
Accrued interest and fees payable	63,979	2,383
Accrued interest payable - related parties	17,846	11,143
Derivative liabilities	2,081,931	47,808
Convertible notes payable, net of discount	63,486	199,748
Convertible notes payable - related parties, net of discount	57,050	57,050
Notes payable - related parties	79,656	79,656
Payables - related parties	565,459	369,178
Total current liabilities	3,079,769	876,465
Total liabilities	3,079,769	876,465
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, 21,249,676 and 20,867,943 shares issued and outstanding, respectively	2,125	2,087
Additional paid-in capital	1,447,968	952,475
Accumulated deficit	(4,511,780)	(1,787,276)
Total stockholders' deficit	(3,061,577)	(832,604)
Total liabilities and stockholders' deficit	$ 18,192	$ 43,861

CONSOLIDATED BALANCE SHEETS PAR

CONSOLIDATED BALANCE SHEETS PARENTHETICAL - $ / shares	Apr. 30, 2016	Apr. 30, 2015
CONSOLIDATED BALANCE SHEETS PARENTHETICAL
Preferred stock par value	$ 0.0001	$ 0.0001
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	$ 0.0001	$ 0.0001
Common stock shares authorized	200,000,000	200,000,000
Common stock shares issued	21,249,676	20,867,943
Common stock shares outstanding	21,249,676	20,867,943

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Apr. 30, 2016	Apr. 30, 2015
CONSOLIDATED STATEMENTS OF OPERATIONS
Revenue
Expenses:
General and administrative	65,124	45,945
Management and administrative fees	90,000	90,000
Professional fees	205,692	53,799
Directors' fees	116,020	15,000
Exploration costs	2,200	8,800
Abandoned mineral claims	37,820	240,000
Total expenses	516,856	453,544
Loss from operations	(516,856)	(453,544)
Other income (expense):
Interest expense	(224,998)	(73,543)
(Loss) gain on derivative liabilities	(2,104,872)	23,188
Gain on extinguishment of debt	122,222	19,697
Total other income (expense)	(2,207,648)	(30,658)
Loss before income taxes	(2,724,504)	(484,202)
Provision for income taxes
Net loss	$ (2,724,504)	$ (484,202)
Net loss per common share - basic and diluted	$ (0.13)	$ (0.02)
Weighted average shares outstanding - basic and diluted	21,099,768	20,733,637

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT - USD ($)	Common Stock	Preferred Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Balance at Apr. 30, 2014	$ 1,450	$ 110	$ 408,360	$ (1,303,074)	$ (893,154)
Balance - Shares at Apr. 30, 2014	14,491,896	1,100,000
Common stock issued for payables - related parties	$ 240		174,760		175,000
Common stock issued for payables - related parties - shares	2,400,000
Common stock issued for conversion of debt	$ 187		186,379		186,566
Common stock issued for conversion of debt - shares	1,868,966
Common stock issued for conversion of related party debt	$ 210		180,498		180,708
Common stock issued for conversion of related party debt - shares	2,107,080
Adjustment to common shares outstanding - shares	1
Imputed interest on convertible notes payable			2,478		2,478
Net loss				(484,202)	(484,202)
Balance at Apr. 30, 2015	$ 2,087	$ 110	952,475	(1,787,276)	(832,604)
Balance - Shares at Apr. 30, 2015	20,867,943	1,100,000
Common stock issued for conversion of debt	$ 18		33,969		33,987
Common stock issued for conversion of debt - shares	181,748
Common stock issued for directors fees	$ 20		91,000		91,020
Common stock issued for directors fees - shares	200,000
Adjustment to common shares outstanding - shares	(15)
Stock-based compensation			117,221		117,221
Beneficial conversion feature of convertible debt			232,650		232,650
Warrants issued for interest expense			18,403		18,403
Imputed interest on convertible notes payable			2,250		2,250
Net loss				(2,724,504)	(2,724,504)
Balance at Apr. 30, 2016	$ 2,125	$ 110	$ 1,447,968	$ (4,511,780)	$ (3,061,577)
Balance - Shares at Apr. 30, 2016	21,249,676	1,100,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Apr. 30, 2016	Apr. 30, 2015
Cash flows from operating activities:
Net loss	$ (2,724,504)	$ (484,202)
Adjustments to reconcile net loss to net cash used in operating activities:
Common stock issued for services	91,020
Stock-based compensation	117,221
Imputed interest on convertible notes payable	2,250	2,478
Amortization of debt discount to interest expense	89,197	50,463
Warrants issued for interest expense	18,403
(Gain) loss on derivative liabilities	2,104,872	(23,188)
Gain on extinguishment of debt	(122,222)	(19,697)
Abandoned mineral claims	37,820	240,000
Change in operating assets and liabilities:
Increase in prepaid expenses	(12,311)	(1,848)
Increase in accounts payable	40,863	9,932
Increase in accrued interest and fees payable	39,233	1,288
Increase in accrued interest payable - related parties	6,703	10,238
Increase in payables - related parties	196,281	144,273
Net cash used in operating activities	(115,174)	(70,263)
Cash flows from investing activities
Cash flows from financing activities:
Proceeds from convertible notes payable	159,000	68,500
Proceeds from convertible notes payable - related parties		53,900
Payments on convertible notes payable	(43,986)	(30,500)
Payments on convertible notes payable - related parties		(21,850)
Net cash provided by financing activities	115,014	70,050
Net decrease in cash	(160)	(213)
Cash at beginning of the year	183	396
Cash at end of the year	$ 23	$ 183

1. Nature of Operations and Con

1. Nature of Operations and Continuation of Business	12 Months Ended
1. Nature of Operations and Continuation of Business	Apr. 30, 2016
Notes
1. Nature of Operations and Continuation of Business	1. Nature of Operations and Continuation of Business Defense Technologies International Corp. (the "Company ") was incorporated in the State of Delaware on May 27, 1998. Effective June 15, 2016, the Company changed its name to Defense Technologies International Corp. from Canyon Gold Corp. to more fully represent the Companys expansion goals into the advanced technology sector. Effective July 15, 2016, the Company completed the acquisition of 100% of the members equity of Defense Technology Corporation, a privately held Colorado limited liability company (DTC). DTC is a developer of defense detection and protection products intended to improve security for military personnel, schools and other public facilities. See Note 3. 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 accounted for as a reverse acquisition and recapitalization. As a result, the consolidated financial statements of the Company (the legal acquirer) are, in substance, those of Long Canyon (the accounting acquirer) from the effective date of the acquisition. Subsequent to April 30, 2016 Long Canyon renewed leases for 30 BLM mineral lease claims, situated in the west section of the new Long Canyon Gold Trend area of east central Nevada. The claims had previously lapsed due to late payment of the annual lease obligations. Going Concern These 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 April 30, 2016, the Company has no revenues, has accumulated losses of $4,511,780 since inception on June 19, 2008 and a working capital deficit of $3,061,577 and expects to incur further losses in the development of its business, all of which cast substantial doubt about the Companys 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, 2017 by issuing debt and equity securities and by the continued support of its related parties (see Note 5). The 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 Companys business operations.

2. Summary of Significant Accou

2. Summary of Significant Accounting Policies	12 Months Ended
2. Summary of Significant Accounting Policies	Apr. 30, 2016
Notes
2. Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies (a) Basis of Presentation These consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States. The Companys fiscal year end is April 30. These consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Long Canyon Gold Resources Corp. (Long Canyon). All inter-company transactions and balances have been eliminated. (b) Exploration Costs All exploration costs, including lease payments, sampling, metallurgical, engineering, contractor costs, and efforts to obtain mineral rights have been charged to expense as incurred. (c) Basic and Diluted Net Loss per Share The Company computes net loss per share in accordance with ASC 260, Earnings per Share Since we had no dilutive effect of stock options, warrants or convertible debt for the years ended April 30, 2016 and 2015, basic weighted average number of common shares outstanding is the same as diluted weighted average number of common shares outstanding. (d) Income Taxes The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, Income Taxes (e) Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles 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 revenues and expenses during the reporting period. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Companys estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. (f) Financial Instruments Pursuant to ASC 820, Fair Value Measurements and Disclosures Financial Instruments, 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 April 30, 2016 and 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. Liabilities measured at fair value on a recurring basis were estimated as follows at April 30, 2016 and 2015: 2016 Total Level 1 Level 2 Level 3 Derivative liability $ 2,081,931 $ - $ - $ 2,081,931 Convertible notes payable, net 63,486 - - 63,486 Total liabilities measured at fair value $ 2,145,417 $ - $ - $ 2,145,417 2015 Total Level 1 Level 2 Level 3 Derivative liability $ 47,808 $ - $ - $ 47,808 Convertible notes payable, net 199,748 - - 199,748 Total liabilities measured at fair value $ 247,556 $ - $ - $ 247,556 (g) Derivative Liabilities We have identified the conversion features of certain of our convertible notes payable as derivatives. We estimate the fair value of the derivatives using the Black-Scholes pricing model. We estimate the fair value of the derivative liabilities at the inception of the financial instruments, at the date of conversions to equity and at each reporting date, recording a derivative liability, debt discount, and a gain or loss on change in derivative liabilities as applicable. These estimates are based on multiple inputs, including the market price of our stock, interest rates, our stock price volatility and variable conversion prices based on market prices as defined in the respective agreements. These inputs are subject to significant changes from period to period and to management's judgment; therefore, the estimated fair value of the derivative liabilities will fluctuate from period to period, and the fluctuation may be material. (h) Non-Monetary Transactions All issuances of the Companys common stock for non-cash consideration have been assigned a dollar amount equaling either the market value of the shares issued or the value of consideration received whichever is more readily determinable. The majority of the non-cash consideration received pertains to services rendered by consultants and others and has been valued at the market value of the shares issued. The Companys accounting policy for equity instruments issued to consultants and vendors in exchange for goods and services follows the provisions of ASC 505, Equity Based Payments to Non Employees In the case of equity instruments issued to consultants, the fair value of the equity instrument is recognized over the term of the consulting agreement. (i) Cash and Cash Equivalents The Company considers all investments purchased with original maturity of three or fewer months to be cash equivalents.

3. Defense Technology Corporati

3. Defense Technology Corporation Acquisition	12 Months Ended
3. Defense Technology Corporation Acquisition	Apr. 30, 2016
Notes
3. Defense Technology Corporation Acquisition	3. Defense Technology Corporation Acquisition On October 5, 2015, the Company entered into an agreement to acquire 100% of Defense Technology Corporation, a privately held Colorado limited liability company with principal offices in New Port Richey, Florida ("DTC"). DTC is the developer of defense, detection and protection products to improve security for military personnel and schools and other public facilities. In consideration for the acquisition, the Company will issue 4,000,000 shares of its common stock to the sole shareholder of DTC and certain of its note holders. The shares will be restricted from trading for a period of one year and will be released on a quarterly basis. Additionally, DTC will be able to earn additional Company preferred shares, Series "B" Convertible ("Series "B" Shares"), upon attaining certain milestone gross sales. The closing of the acquisition was scheduled on or before November 30, 2015 and was subsequently extended to December 31, 2015. The closing was further extended to and completed on July 15, 2016 to allow for completion of the audit of DTC's financial statements. Following completion of the acquisition, DTC became a wholly owned subsidiary of the Company. The Company will use its reasonable best efforts to effectuate a spin-off of its present subsidiary, Long Canyon Gold Resources Corp., on terms to be determined.

4. Mineral Claims

4. Mineral Claims	12 Months Ended
4. Mineral Claims	Apr. 30, 2016
Notes
4. Mineral Claims	4. Mineral Claims On March 12, 2011, the Companys wholly owned subsidiary, Long Canyon, acquired a 100% interest in 30 mineral claims located in the State of Nevada for $37,820. This amount was recorded as mineral claims, a non-current asset in the Companys consolidated balance sheets. The Company was unable to renew the mineral claims prior to April 30, 2016, and the $37,820 was expensed to abandoned mineral claims in the consolidated statement of operations for the year ended April 30, 2016. Subsequent to April 30, 2016, Long Canyon renewed the mineral claims (see Note 13). On April 7, 2014, the Company, on behalf of Long Canyon, executed an agreement with 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 was recorded as mineral claims, a non-current asset in the Companys consolidated balance sheets. The Company and EMAC were subsequently unable to make the required annual mineral lease payments to maintain the claims. Therefore, these mineral interests were not renewed and the $240,000 cost basis of the claims was expensed as abandoned mineral claims in the consolidated statement of operations for the year ended April 30, 2015. The Company is committed to pay a 3% Net Smelter Royalty on all the claims acquired by Long Canyon.

5. Related Party Transactions a

5. Related Party Transactions and Balances	12 Months Ended
5. Related Party Transactions and Balances	Apr. 30, 2016
Notes
5. Related Party Transactions and Balances	5. Related Party Transactions and Balances During the years ended April 30, 2016 and 2015, management and administrative services were compensated as per a Service Agreement between the Company and a former Chief Executive Officer executed on April 30, 2011, a Service Agreement between the Company and a former Chief Executive Officer executed on December 6, 2012, and an Administration Agreement with a related party executed on March 15, 2011 and renewed on May 1, 2014. The fees are 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 the Companys 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. See Note 4 for discussion of the acquisition of mineral claims from a related party. As of April 30, 2016 and 2015, the Company had payable balances due to related parties totaling $565,459 and $369,178, respectively, which resulted from transactions with significant shareholders and officers and directors of the Company. Convertible notes payable related parties consisted of the following at April 30: 2016 2015 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 $ 25,000 $ 25,000 Note payable to related party, interest at 6%, convertible into common stock of the Company at $0.10 per share 32,050 32,050 $ 57,050 $ 57,050 Convertible notes payable related parties issued prior to the fiscal year ended April 30, 2014 were convertible 30 days from the first day the Companys common shares are qualified for trading on the OTC Bulletin Board, which occurred in November 2012. As of April 30, 2016, the convertible note payable related party of $25,000 had not been converted and therefore is in default. On May 4, 2014, the Company issued 1,507,080 shares of its common stock in the conversion of a $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 a $30,000 convertible note payable related party. Notes payable related parties are currently in default and consisted of the following at April 30: 2016 2015 Note payable to related party, with interest at 6% per annum, due September 15, 2013 $ 24,656 $ 24,656 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 $17,846 and $11,143 at April 30, 2016 and 2015, respectively.

6. Convertible Notes Payable

6. Convertible Notes Payable	12 Months Ended
6. Convertible Notes Payable	Apr. 30, 2016
Notes
6. Convertible Notes Payable	6. Convertible Notes Payable Convertible notes payable consisted of the following at April 30: 2016 2015 Note payable, amended April 30, 2016, with interest at 6% per annum, convertible into common stock of the Company at $0.05 per share 90 days from demand $ 11,000 $ 11,000 Note payable, amended April 30, 2016, with interest at 6% per annum, convertible into common stock of the Company at $0.05 per share 90 days from demand 9,000 9,000 Note payable, amended April 30, 2016, with interest at 6% per annum, convertible into common stock of the Company at $0.05 per share 90 days from demand 141,150 141,150 Note payable, amended April 30, 2016, with interest at 6% per annum, convertible into common stock of the Company at $0.05 per share 90 days from demand 14,500 14,500 Note payable, amended April 30, 2016, with interest at 6% per annum, convertible into common stock of the Company at $0.05 per share 90 days from demand 20,000 - Note payable, with interest at 6% per annum, convertible into common stock of the Company at $0.05 per share 17,000 - Note payable to institutional investor, with interest at 8% per annum, convertible into common stock of the Company at defined conversion price 55,500 - Note payable to institutional investor, with interest at 8% per annum, convertible into common stock of the Company at defined conversion price 39,000 - Note payable to institutional investor, with interest at 12% per annum, convertible into common stock of the Company at defined conversion price 41,000 - Note payable to institutional investor, with interest at 8% per annum, convertible into common stock of the Company at defined conversion price, repaid in 2015 - 38,000 Note payable to institutional investor, with interest at 8% per annum, convertible into common stock of the Company at defined conversion price, repaid in 2015 - 16,000 Less discount (284,664) (29,902) $ 63,486 $ 199,748 On April 30, 2016, the convertible notes payable with principal balances of $11,000, $9,000, $141,150, $14,500 and $20,000 were amended to establish a conversion price of $0.05 per share, interest at 6% retroactive to the original issuance date of the notes, and a conversion date of 90 days from demand of the lender. The amendments were determined to be extinguishments of the prior debt and the issuance of new debt in accordance with ASC 470-50, Debt Modifications and Extinguishments On March 10, 2016, the Company entered into a convertible promissory note for $17,000, which bears interest at an annual rate of 6% and is convertible into shares of the Companys common stock at $0.05 per share. The Company recorded a debt discount and a beneficial conversion feature of $17,000 at the inception of the note. On December 3, 2014, the Company entered into a convertible promissory note with an institutional investor ("Investor") for $38,000, which bore interest at an annual rate of 8% and matured on September 5, 2015. The Investor had 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 could 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 increased 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 had 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 $37,325 related to the conversion feature. Interest expense for the amortization of the debt discount was calculated on a straight-line basis over the life of the convertible note. In June 2015, the Company paid the institutional investor $25,000, $14,286 principal of the $38,000 convertible note payable and $10,714 in early payment penalties. On July 1, 2015, the institutional investor converted $10,014 principal of the convertible loan into 181,748 shares of the Company's common stock. In August 2015, the Company paid the institutional investor $20,000, $5,714 principal and $14,286 in accrued interest and early payment penalties. In October 2015, the Company paid the institutional investor $42,500, the remaining principal of $7,986 and $34,514 in loan extension fees and early payment penalties. On March 2, 2015, the Company entered into a convertible promissory note with an institutional investor for $16,000, which bore interest at an annual rate of 8% and matured on December 4, 2015. The investor had 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 could 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 increased 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 had no right of prepayment. At the inception of the convertible note to institutional investor, the Company recorded a debt discount and derivative liability of $16,000 related to the conversion feature. Interest expense for the amortization of the debt discount was calculated on a straight-line basis over the life of the convertible note. The convertible note was paid in full in September 2015. On November 24, 2015, the Company entered into a convertible promissory note with an institutional investor for $55,500, which bears interest at an annual rate of 8% and matures on November 24, 2016. 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 55% (representing a discount rate of 45%) of the lowest sale price of the Company's common stock during the twenty consecutive trading days immediately preceding 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 six months following the date of the note, the Company can prepay the note upon payment of an amount equal to the outstanding principal multiplied by 135%, together with accrued and unpaid interest, provided that such prepayment factor shall equal 125% if prepayment is made on or before a date that is 90 days from the date of the note. After the expiration of 180 days following the date of the note, the Company has 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, a debt discount of $55,500, including an original issue discount of $7,000, a derivative liability of $167,776 related to the conversion feature, and a loss on derivative liability of $119,276. Interest expense for the amortization of the debt discount is calculated on a straight-line basis over the life of the convertible note. On December 31, 2015, the Company entered into a convertible promissory note with an institutional investor for $39,000, which bears interest at an annual rate of 8% and matures on December 31, 2016. 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 55% (representing a discount rate of 45%) of the lowest trading price of the Company's common stock during the twenty consecutive trading days immediately preceding the date of the conversion notice. The Company can prepay the outstanding note principal pursuant to the following schedule: payment on day 1 60 at 120% of principal owed; payment on day 61 120 at 135% of principal owed; and payment on day 121 180 at 150% of principal owed. After the expiration of 180 days following the date of the note, the Company has no right of prepayment. At the inception of the convertible note to institutional investor, the Company recorded debt issuance costs of $4,500 in prepaid expenses, a debt discount of $39,000, including an original issue discount of $3,000, a derivative liability of $70,144 related to the conversion feature, and a loss on derivative liability of $34,144. Interest expense for the amortization of the debt discount is calculated on a straight-line basis over the life of the convertible note. On February 4, 2016, the Company entered into a convertible promissory note with an institutional investor for $41,000, which matures on February 4, 2017. The Company may repay the note at any time on or before the date that is 120 days after the date of the note. If the Company does not repay the note during the first 120 days, a one-time interest charge of 12% will be charged. After the first 120 days, the note may be prepaid by the Company with the prior written consent of the investor at 125% of the principal owed. 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 60% (representing a discount rate of 40%) of the lowest bid price of the Company's common stock during the 60 consecutive trading days immediately preceding the date of the conversion notice. 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 $41,000, including an original issue discount of $3,500, a derivative liability of $78,034 On May 4, 2014, the Company issued 800,000 shares of its common stock in the conversion of a $100,000 convertible note payable. On May 4, 2014, the Company issued 1,000,000 shares of its common stock in the conversion of a $25,010 convertible note payable, $25,000 of a $36,000 convertible note payable, and $2,406 in accrued interest payable, recognizing a gain on settlement of debt of $2,416. On August 21, 2014, the Company issued 68,966 shares of its common stock in the conversion of $12,000 principal of a convertible note payable to institutional investor. During the years ended April 30, 2016 and 2015, we had the following activity in our derivative liabilities: Balance at April 30, 2014 $ 63,359 Issuance of convertible notes 83,393 Gain on derivative liability (53,257) Conversion of debt to shares of common stock and repayment of debt (45,687) Balance at April 30, 2015 47,808 Issuance of convertible notes 122,000 Loss on derivative liability 2,104,872 Conversion of debt to shares of common stock and repayment of debt (192,749) Balance at April 30, 2016 $ 2,081,931 The estimated fair value of the derivative liabilities at April 30, 2016 was calculated using the Black-Scholes pricing model with the following assumptions: Risk-free interest rate 0.40% - 0.48% Expected life in years 0.57 0.77 Dividend yield 0% Expected volatility 158.45% - 167.70% These inputs are subject to significant changes from period to period and to management's judgment; therefore, the estimated fair value of the derivative liabilities will fluctuate from period to period, and the fluctuation may be material. Accrued interest and fees payable was $63,979 and $2,383 at April 30, 2016 and 2015, respectively.

7. Income Taxes

7. Income Taxes	12 Months Ended
7. Income Taxes	Apr. 30, 2016
Notes
7. Income Taxes	7. Income Taxes Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by the valuation allowances when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. Net deferred tax assets consist of the following components at April 30: 2016 2015 Deferred tax assets: Net operating loss carryforwards $ 770,400 $ 615,900 Related party accrued interest 27,900 12,600 Accrued expenses related parties 220,500 357,000 Valuation allowance (1,018,800) (985,500) Net deferred tax assets $ - $ - The income tax provision (benefit) differs from the amount of income tax determined by applying U.S. Federal, Canada corporate and British Columbia corporate income tax rates to pre-tax loss due to the following: Year Ended April 30, 2016 2015 Book loss $ (926,300) $ (149,100) Non deductible expenses 746,800 3,000 Gain on debt settlement (41,600) - Related party accruals 66,700 3,400 Related party interest 19,700 8,100 Valuation allowance 134,700 134,600 Total $ - $ - At April 30, 2016, the Company had net operating loss carry forwards of approximately $1,975,000 that may be offset against future taxable income through 2035. No tax benefit has been reported in the accompanying consolidated financial statements since the potential tax benefit is offset by a valuation allowance of the same amount. The Company has adopted the Income Tax topic of FASB ASC 740, Accounting for Uncertainty in Income Taxes The Companys policy is to recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. Due to the change in ownership provisions of U.S. federal and Canada and British Columbia income tax laws, operating loss carryforwards are potentially subject to annual limitations. As a result of the change in ownership of Canyon Gold Corp., $1,502,000 of net operating loss carryforwards have been deemed to have been forfeit. The net operating loss balance above reflects the forfeiture of this carryforward.

8. Stockholders' Deficit

8. Stockholders' Deficit	12 Months Ended
8. Stockholders' Deficit	Apr. 30, 2016
Notes
8. Stockholders' Deficit	8. Stockholders Deficit Common Stock: The Company has 200,000,000 shares of $0.0001 During the year ended April 30, 2016, the Company issued a total of 381,748 shares of its common stock: 181,748 shares for conversion of debt of $33,987 and 200,000 shares for director fees of $91,020. A reduction of 15 shares was recorded to adjust the number of common shares outstanding. During the year ended April 30, 2015, the Company issued a total of 6,376,047 shares of its common stock: 2,400,000 shares for payables related parties of $175,000; 1,868,966 shares for conversion of debt of $186,566; 2,107,080 shares for conversion of related party debt of $180,708; and 1 share to adjust the number of common shares outstanding. All issuances of the Companys common stock for non-cash consideration have been assigned a dollar amount equaling either the market value of the shares issued or the value of consideration received whichever is more readily determinable. The majority of the non-cash consideration received pertaining to services rendered by consultants and others has been valued at the market value of the shares issued. Preferred Stock The Company has 20,000,000 shares of $0.0001 par value preferred stock authorized. The 600,000 shares of Series A convertible preferred stock 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. The 500,000 shares of Series B convertible preferred stock are convertible into ten common voting shares and carry no voting rights.

9. Stock Options and Warrants

9. Stock Options and Warrants	12 Months Ended
9. Stock Options and Warrants	Apr. 30, 2016
Notes
9. Stock Options and Warrants	9. Stock Options and Warrants During the year ended April 30, 2016, the Company issued options to a consultant to purchase a total of 1,000,000 shares of the Companys common stock. The options vested upon grant, expire on May 31, 2018, with 250,000 options exercisable at $1.25 per share, 250,000 options exercisable at $1.50 per share, 250,000 options exercisable at $1.75 per share and 250,000 options exercisable at $2.00 per share. The Company estimated the grant date fair value of the options at $117,221 During the year ended April 30, 2016, the Company issued warrants to a lender to purchase 68,333 shares of the Companys common stock at $0.60 per share. The warrants vested upon grant and expire on February 4, 2021. The Company estimated the grant date fair value of the warrants at $18,403 using the Black-Scholes option pricing model and charged the amount to interest expense. The following assumptions were used in estimating the value of the options and warrants: Risk free interest rate 0.77% - 1.25% Expected life in years 2.08 5.0 Dividend yield 0% Expected volatility 123.41 - 138.42% A summary of the Companys stock options and warrants as of April 30, 2016, and changes during the year then ended is as follows: Shares Weighted Average Exercise Price Weighted Average Remaining Contract Term (Years) Aggregate Intrinsic Value Outstanding at April 30, 2015 - $ - Granted 1,068,333 $ 1.559 Exercised - $ - Forfeited or expired - $ - Outstanding and exercisable at April 30, 2016 1,068,333 $ 1.559 2.26 $ - The aggregate intrinsic value in the preceding table represents the total pretax intrinsic value, based on our closing stock price of $0.30 as of April 30, 2016, which would have been received by the holders of in-the-money options had the option holders exercised their options as of that date.

10. Contingencies and Commitmen

10. Contingencies and Commitments	12 Months Ended
10. Contingencies and Commitments	Apr. 30, 2016
Notes
10. Contingencies and Commitments	10. 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 April 30, 2016: a) Administration Agreement with EMAC Handels AG, renewed effective May 1, 2014 for a period of three years. Monthly fee for administration services of $5,000 , office rent of $250 and office supplies of $125 . 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 signed November 24, 2015 with Frank Thorwald, Director, for director fees of $5,000 per month beginning December 2015 and the issuance of 200,000 restricted common shares of the Company. The fees may be paid in cash and or with common stock. Mr. Thorwald resigned as Director on May 20, 2016. c) Service Agreement signed April 25, 2016 with Merrill W. Moses, President, Director and CEO, for administration fees of $7,500 per month beginning May 2016 and the issuance of 350,000 restricted common shares of the Company. The fees may be paid in cash and or with common stock. d) In order to maintain the Companys 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 $195 per claim and the State of Nevada is currently $40 per claim, for a total annual commitment of $7,050 .

11. Recent Accounting Pronounce

11. Recent Accounting Pronouncements	12 Months Ended
11. Recent Accounting Pronouncements	Apr. 30, 2016
Notes
11. Recent Accounting Pronouncements	11. Recent Accounting Pronouncements There were no new accounting pronouncements issued during the year ended April 30, 2016 and through the date of filing this annual report that the Company believes would be applicable to or have a material impact on the Companys consolidated financial statements.

12. Supplemental Statement of C

12. Supplemental Statement of Cash Flows Information	12 Months Ended
12. Supplemental Statement of Cash Flows Information	Apr. 30, 2016
Notes
12. Supplemental Statement of Cash Flows Information	12. Supplemental Statement of Cash Flows Information During the years ended April 30, 2016 and 2015, the Company paid no amounts for income taxes. During the years ended April 30, 2016 and 2015, the Company paid $67,514 and $1,550 for interest. During the year ended April 30, 2016, the Company had the following non-cash investing and financing activities: · · · · During the year ended April 30, 2015, the Company had the following non-cash financing and investing activities: · · · ·

13. Subsequent Events

13. Subsequent Events	12 Months Ended
13. Subsequent Events	Apr. 30, 2016
Notes
13. Subsequent Events	13. Subsequent Events In accordance with ASC 855, Subsequent Events Name Change Effective June 15, 2016, the Company changed its name to Defense Technologies International Corp. The new corporate name more fully represents the Companys expansion goals into the advanced technology sector. DTC Acquisition As discussed in Note 3, the closing of the acquisition of DTC was extended to and completed on July 15, 2016 to allow for completion of the audit of DTC's financial statements. The Company will now use its reasonable best efforts to effectuate a spin-off of its present subsidiary, Long Canyon Gold Resources Corp., on terms to be determined. Issuances of Common Stock Subsequent to April 30, 2016, the Company issued the following shares of its common stock: 350,000 shares to Merrill W. Moses, President, CEO and Director, for services valued at $119,000 pursuant to a Service Agreement. 16,500 shares to a consultant in payment of accrued financing fees valued at $5,775. A total of 325,000 shares to a lender for conversion of debt of $15,125. 1,232,880 shares to a lender for conversion of debt of $61,644. A total of 750,000 shares to a consultant in payment of fees valued at $160,275. A total of 300,000 shares to a consultant in payment of fees valued at $32,000. 250,000 shares to Charles C. Hooper, Director, for services valued at $25,000 pursuant to a Service Agreement. Renewal of Mineral Leases In May 2016, Long Canyon renewed leases for 30 BLM mineral lease claims, situated in the west section of the new Long Canyon Gold Trend area of east central Nevada and is required to pay the associated fees within 90 days of the renewal. The Company anticipates completing the payment of fees by August 5, 2016. As a result of the renewal of the claims in May 2016, the Company currently holds these claims. Service Agreement On May 20, 2016, the Company entered into a Service Agreement with Charles C. Hooper, Director, for director fees of $5,000 per month beginning May 2016 and the issuance of 250,000 restricted common shares of the Company. The fees may be paid in cash and or with common stock. Consulting Agreements In May 2016, the Company entered into a three-month Consulting Agreement with Trilogy Marketing Strategies (Trilogy) for the development and commercialization of its subsidiary companies. The Company is to pay Trilogy $7,500 per month and issue 10,000 shares of the Companys restricted common stock per quarter. The Consulting Agreement may be extended on a quarterly basis. With the consent of Trilogy, the Company entered into a Sub-Consulting Agreement with Brian McLain (McLain.) pursuant to which the Company is to issue to McLain a total of 750,000 shares of the Companys common stock. In June 2016, the Company entered into a three-month Consulting Agreement with Uptick Capital LLC (Uptick) for strategic, marketing, financial and business planning services. The Company is to pay Uptick a set-up fee of $2,500 and issue 300,000 shares of the Companys restricted common stock for the first month and $20,000 worth of restricted shares for each additional three- month renewal term at the Companys option. Senior Secured Convertible Promissory Note Effective July 18, 2016, the Company entered into a Senior Secured Convertible Promissory Note with an institutional investor for $189,000, with net proceeds to the Company of $175,000. The note bears interest at an annual rate of 8%, matures on January 17, 2017 and is convertible into common shares of the Company after six months at a fixed conversion price of $0.25 per share. In the event of default, the conversion price changes to a variable price based on a defined discount to the market price of the Companys common stock. The net proceeds were used to retire two outstanding convertible promissory notes and to provide working capital.

1. Nature of Operations and C20

1. Nature of Operations and Continuation of Business: Going Concern (Policies)	12 Months Ended
	Apr. 30, 2016
Policies
Going Concern	Going Concern These 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 April 30, 2016, the Company has no revenues, has accumulated losses of $4,511,780 since inception on June 19, 2008 and a working capital deficit of $3,061,577 and expects to incur further losses in the development of its business, all of which cast substantial doubt about the Companys 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, 2017 by issuing debt and equity securities and by the continued support of its related parties (see Note 5). The 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 Companys business operations.

2. Summary of Significant Acc21

2. Summary of Significant Accounting Policies: Basis of Presentation (Policies)	12 Months Ended
	Apr. 30, 2016
Policies
Basis of Presentation	(a) Basis of Presentation These consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States. The Companys fiscal year end is April 30. These consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Long Canyon Gold Resources Corp. (Long Canyon). All inter-company transactions and balances have been eliminated.

2. Summary of Significant Acc22

2. Summary of Significant Accounting Policies: Exploration Costs (Policies)	12 Months Ended
	Apr. 30, 2016
Policies
Exploration Costs	(b) Exploration Costs All exploration costs, including lease payments, sampling, metallurgical, engineering, contractor costs, and efforts to obtain mineral rights have been charged to expense as incurred.

2. Summary of Significant Acc23

2. Summary of Significant Accounting Policies: Basic and Diluted Net Loss Per Share (Policies)	12 Months Ended
	Apr. 30, 2016
Policies
Basic and Diluted Net Loss Per Share	(c) Basic and Diluted Net Loss per Share The Company computes net loss per share in accordance with ASC 260, Earnings per Share Since we had no dilutive effect of stock options, warrants or convertible debt for the years ended April 30, 2016 and 2015, basic weighted average number of common shares outstanding is the same as diluted weighted average number of common shares outstanding.

2. Summary of Significant Acc24

2. Summary of Significant Accounting Policies: Income Taxes (Policies)	12 Months Ended
	Apr. 30, 2016
Policies
Income Taxes	(d) Income Taxes The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, Income Taxes

2. Summary of Significant Acc25

2. Summary of Significant Accounting Policies: Use of Estimates (Policies)	12 Months Ended
	Apr. 30, 2016
Policies
Use of Estimates	(e) Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles 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 revenues and expenses during the reporting period. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Companys estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

2. Summary of Significant Acc26

2. Summary of Significant Accounting Policies: Financial Instruments (Policies)	12 Months Ended
	Apr. 30, 2016
Policies
Financial Instruments	(f) Financial Instruments Pursuant to ASC 820, Fair Value Measurements and Disclosures Financial Instruments, 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 April 30, 2016 and 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. Liabilities measured at fair value on a recurring basis were estimated as follows at April 30, 2016 and 2015: 2016 Total Level 1 Level 2 Level 3 Derivative liability $ 2,081,931 $ - $ - $ 2,081,931 Convertible notes payable, net 63,486 - - 63,486 Total liabilities measured at fair value $ 2,145,417 $ - $ - $ 2,145,417 2015 Total Level 1 Level 2 Level 3 Derivative liability $ 47,808 $ - $ - $ 47,808 Convertible notes payable, net 199,748 - - 199,748 Total liabilities measured at fair value $ 247,556 $ - $ - $ 247,556

2. Summary of Significant Acc27

2. Summary of Significant Accounting Policies: Non-monetary Transactions (Policies)	12 Months Ended
	Apr. 30, 2016
Policies
Non-monetary Transactions	(h) Non-Monetary Transactions All issuances of the Companys common stock for non-cash consideration have been assigned a dollar amount equaling either the market value of the shares issued or the value of consideration received whichever is more readily determinable. The majority of the non-cash consideration received pertains to services rendered by consultants and others and has been valued at the market value of the shares issued. The Companys accounting policy for equity instruments issued to consultants and vendors in exchange for goods and services follows the provisions of ASC 505, Equity Based Payments to Non Employees In the case of equity instruments issued to consultants, the fair value of the equity instrument is recognized over the term of the consulting agreement.

2. Summary of Significant Acc28

2. Summary of Significant Accounting Policies: Cash and Cash Equivalents (Policies)	12 Months Ended
	Apr. 30, 2016
Policies
Cash and Cash Equivalents	(i) Cash and Cash Equivalents The Company considers all investments purchased with original maturity of three or fewer months to be cash equivalents.

2. Summary of Significant Acc29

2. Summary of Significant Accounting Policies: Financial Instruments: Fair Value, Assets Measured on Recurring Basis (Tables)	12 Months Ended
	Apr. 30, 2016
Tables/Schedules
Fair Value, Assets Measured on Recurring Basis	2016 Total Level 1 Level 2 Level 3 Derivative liability $ 2,081,931 $ - $ - $ 2,081,931 Convertible notes payable, net 63,486 - - 63,486 Total liabilities measured at fair value $ 2,145,417 $ - $ - $ 2,145,417 2015 Total Level 1 Level 2 Level 3 Derivative liability $ 47,808 $ - $ - $ 47,808 Convertible notes payable, net 199,748 - - 199,748 Total liabilities measured at fair value $ 247,556 $ - $ - $ 247,556

5. Related Party Transactions30

5. Related Party Transactions and Balances: Schedule of Convertible Notes Payable Related Parties (Tables)	12 Months Ended
	Apr. 30, 2016
Tables/Schedules
Schedule of Convertible Notes Payable Related Parties	2016 2015 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 $ 25,000 $ 25,000 Note payable to related party, interest at 6%, convertible into common stock of the Company at $0.10 per share 32,050 32,050 $ 57,050 $ 57,050

5. Related Party Transactions31

5. Related Party Transactions and Balances: Schedule of Notes Payable Related Parties (Tables)	12 Months Ended
	Apr. 30, 2016
Tables/Schedules
Schedule of Notes Payable Related Parties	2016 2015 Note payable to related party, with interest at 6% per annum, due September 15, 2013 $ 24,656 $ 24,656 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

6. Convertible Notes Payable_ S

6. Convertible Notes Payable: Schedule of Convertible Notes Payable (Tables)	12 Months Ended
	Apr. 30, 2016
Tables/Schedules
Schedule of Convertible Notes Payable	2016 2015 Note payable, amended April 30, 2016, with interest at 6% per annum, convertible into common stock of the Company at $0.05 per share 90 days from demand $ 11,000 $ 11,000 Note payable, amended April 30, 2016, with interest at 6% per annum, convertible into common stock of the Company at $0.05 per share 90 days from demand 9,000 9,000 Note payable, amended April 30, 2016, with interest at 6% per annum, convertible into common stock of the Company at $0.05 per share 90 days from demand 141,150 141,150 Note payable, amended April 30, 2016, with interest at 6% per annum, convertible into common stock of the Company at $0.05 per share 90 days from demand 14,500 14,500 Note payable, amended April 30, 2016, with interest at 6% per annum, convertible into common stock of the Company at $0.05 per share 90 days from demand 20,000 - Note payable, with interest at 6% per annum, convertible into common stock of the Company at $0.05 per share 17,000 - Note payable to institutional investor, with interest at 8% per annum, convertible into common stock of the Company at defined conversion price 55,500 - Note payable to institutional investor, with interest at 8% per annum, convertible into common stock of the Company at defined conversion price 39,000 - Note payable to institutional investor, with interest at 12% per annum, convertible into common stock of the Company at defined conversion price 41,000 - Note payable to institutional investor, with interest at 8% per annum, convertible into common stock of the Company at defined conversion price, repaid in 2015 - 38,000 Note payable to institutional investor, with interest at 8% per annum, convertible into common stock of the Company at defined conversion price, repaid in 2015 - 16,000 Less discount (284,664) (29,902) $ 63,486 $ 199,748

6. Convertible Notes Payable_33

6. Convertible Notes Payable: Schedule of Derivative Liability Related to the Conversion Feature (Tables)	12 Months Ended
	Apr. 30, 2016
Tables/Schedules
Schedule of Derivative Liability Related to the Conversion Feature	Balance at April 30, 2014 $ 63,359 Issuance of convertible notes 83,393 Gain on derivative liability (53,257) Conversion of debt to shares of common stock and repayment of debt (45,687) Balance at April 30, 2015 47,808 Issuance of convertible notes 122,000 Loss on derivative liability 2,104,872 Conversion of debt to shares of common stock and repayment of debt (192,749) Balance at April 30, 2016 $ 2,081,931

6. Convertible Notes Payable_34

6. Convertible Notes Payable: Schedule of Assumptions for Fair Value as of Balance Sheet Date of Assets or Liabilities (Tables)	12 Months Ended
	Apr. 30, 2016
Tables/Schedules
Schedule of Assumptions for Fair Value as of Balance Sheet Date of Assets or Liabilities	Risk-free interest rate 0.40% - 0.48% Expected life in years 0.57 0.77 Dividend yield 0% Expected volatility 158.45% - 167.70%

7. Income Taxes_ Schedule of De

7. Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)	12 Months Ended
	Apr. 30, 2016
Tables/Schedules
Schedule of Deferred Tax Assets and Liabilities	2016 2015 Deferred tax assets: Net operating loss carryforwards $ 770,400 $ 615,900 Related party accrued interest 27,900 12,600 Accrued expenses related parties 220,500 357,000 Valuation allowance (1,018,800) (985,500) Net deferred tax assets $ - $ -

7. Income Taxes_ Schedule of Ef

7. Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)	12 Months Ended
	Apr. 30, 2016
Tables/Schedules
Schedule of Effective Income Tax Rate Reconciliation	Year Ended April 30, 2016 2015 Book loss $ (926,300) $ (149,100) Non deductible expenses 746,800 3,000 Gain on debt settlement (41,600) - Related party accruals 66,700 3,400 Related party interest 19,700 8,100 Valuation allowance 134,700 134,600 Total $ - $ -

9. Stock Options and Warrants_

9. Stock Options and Warrants: Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions (Tables)	12 Months Ended
	Apr. 30, 2016
Tables/Schedules
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions	Risk free interest rate 0.77% - 1.25% Expected life in years 2.08 5.0 Dividend yield 0% Expected volatility 123.41 - 138.42%

9. Stock Options and Warrants38

9. Stock Options and Warrants: Schedule of Share-based Compensation, Activity (Tables)	12 Months Ended
	Apr. 30, 2016
Tables/Schedules
Schedule of Share-based Compensation, Activity	Shares Weighted Average Exercise Price Weighted Average Remaining Contract Term (Years) Aggregate Intrinsic Value Outstanding at April 30, 2015 - $ - Granted 1,068,333 $ 1.559 Exercised - $ - Forfeited or expired - $ - Outstanding and exercisable at April 30, 2016 1,068,333 $ 1.559 2.26 $ -

1. Nature of Operations and C39

1. Nature of Operations and Continuation of Business (Details)	12 Months Ended
	Apr. 30, 2016
Details
Entity Incorporation, State Country Name	Delaware
Entity Incorporation, Date of Incorporation	May 27, 1998

1. Nature of Operations and C40

1. Nature of Operations and Continuation of Business: Going Concern (Details) - USD ($)	12 Months Ended		82 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2015
Details
Net loss	$ 2,724,504	$ 484,202	$ 4,511,780
Working capital deficit	$ 3,061,577

2. Summary of Significant Acc41

2. Summary of Significant Accounting Policies: Basic and Diluted Net Loss Per Share (Details)	Apr. 30, 2016shares
Details
Convertible debt and related accrued interest payable convertible into common shares	12,730,870
Convertible debt and related accrued interest payable convertible into common shares issuable upon exercise of outstanding stock options	1,000,000

2. Summary of Significant Acc42

2. Summary of Significant Accounting Policies: Financial Instruments: Fair Value, Assets Measured on Recurring Basis (Details) - USD ($)	Apr. 30, 2016	Apr. 30, 2015
Derivative Liability, Fair Value, Gross Asset	$ 2,081,931	$ 47,808
Convertible Promissory Note	63,486	199,748
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	2,145,417	247,556
Fair Value, Inputs, Level 3
Derivative Liability, Fair Value, Gross Asset	2,081,931	47,808
Convertible Promissory Note	63,486	199,748
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	$ 2,145,417	$ 247,556

4. Mineral Claims (Details)

4. Mineral Claims (Details) - USD ($)	12 Months Ended
4. Mineral Claims (Details) - USD ($)	Apr. 30, 2016	Apr. 30, 2015	Mar. 12, 2011
Payments for mineral claims			$ 37,820
Represents the monetary amount of CommonStockIssuedToARelatedPartyForMineralClaims, during the indicated time period.		$ 240,000
Abandoned mineral claims	$ 37,820	$ 240,000
Common Stock
Represents the CommonStockIssuedToARelatedPartyForMineralClaimsShares (number of shares), during the indicated time period.		12,000,000

5. Related Party Transactions44

5. Related Party Transactions and Balances (Details) - USD ($)	12 Months Ended
	Apr. 30, 2016	Apr. 30, 2015
Payables - related parties	$ 565,459	$ 369,178
Accrued interest payable - related parties	$ 17,846	$ 11,143
Common Stock
Common stock issued for conversion of related party debt - shares		2,107,080
Common Stock \| Convertible Note Payable to Related Party 3
Common stock issued for conversion of related party debt - shares	1,507,080
Common Stock \| Convertible Note Payable to Related Party 4
Common stock issued for conversion of related party debt - shares	600,000

5. Related Party Transactions45

5. Related Party Transactions and Balances: Schedule of Convertible Notes Payable Related Parties (Details) - USD ($)	Apr. 30, 2016	Apr. 30, 2015
Convertible notes payable - related parties, net of discount	$ 57,050	$ 57,050
Convertible Note Payable to Related Party 1
Convertible notes payable - related parties, net of discount	25,000	25,000
Convertible Note Payable to Related Party 2
Convertible notes payable - related parties, net of discount	$ 32,050	$ 32,050

5. Related Party Transactions46

5. Related Party Transactions and Balances: Schedule of Notes Payable Related Parties (Details) - USD ($)	Apr. 30, 2016	Apr. 30, 2015
Notes payable - related parties	$ 79,656	$ 79,656
Note payable to related party 1
Notes payable - related parties	24,656	24,656
Note payable to related party 2
Notes payable - related parties	7,500	7,500
Note payable to related party 3
Notes payable - related parties	$ 47,500	$ 47,500

6. Convertible Notes Payable_47

6. Convertible Notes Payable: Schedule of Convertible Notes Payable (Details) - USD ($)	Apr. 30, 2016	Apr. 30, 2015
Convertible notes payable, net of discount	$ 63,486	$ 199,748
Debt Instrument, Unamortized Discount	(284,664)	(29,902)
Convertible Note Payable 1
Convertible notes payable, net of discount	11,000	11,000
Convertible Note Payable 2
Convertible notes payable, net of discount	9,000	9,000
Convertible Note Payable 3
Convertible notes payable, net of discount	141,150	141,150
Convertible Note Payable 4
Convertible notes payable, net of discount	14,500	14,500
Convertible Note Payable 5
Convertible notes payable, net of discount	20,000
Convertible Note Payable 6
Convertible notes payable, net of discount	17,000
Convertible Note Payable 7
Convertible notes payable, net of discount	55,500
Convertible Note Payable 8
Convertible notes payable, net of discount	39,000
Convertible Note Payable 9
Convertible notes payable, net of discount	$ 41,000
Convertible Note Payable 10
Convertible notes payable, net of discount		38,000
Convertible Note Payable 11
Convertible notes payable, net of discount		$ 16,000

6. Convertible Notes Payable (D

6. Convertible Notes Payable (Details) - USD ($)	12 Months Ended
6. Convertible Notes Payable (Details) - USD ($)	Apr. 30, 2016	Apr. 30, 2015
(Loss) gain on derivative liabilities	$ (2,104,872)	$ 23,188
Accrued interest and fees payable	$ 63,979	$ 2,383
Common Stock
Common stock issued for conversion of debt - shares	181,748	1,868,966
Convertible Note Payable 1
Prepaid Expense, Current		$ 3,000
Debt discount related to the conversion feature		37,325
Derivative Liability Related to the Conversion Feature		37,325
Convertible Note Payable 2
Debt discount related to the conversion feature		16,000
Derivative Liability Related to the Conversion Feature		16,000
Convertible Note Payable 3
Prepaid Expense, Current		3,000
Debt discount related to the conversion feature		55,500
Derivative Liability Related to the Conversion Feature		167,776
(Loss) gain on derivative liabilities		$ 119,276
Convertible Note Payable 4
Prepaid Expense, Current	$ 4,500
Debt discount related to the conversion feature	39,000
Derivative Liability Related to the Conversion Feature	70,144
(Loss) gain on derivative liabilities	34,144
Convertible Note Payable 5
Prepaid Expense, Current	2,500
Debt discount related to the conversion feature	41,000
Derivative Liability Related to the Conversion Feature	78,034
(Loss) gain on derivative liabilities	$ 40,534
Convertible Note Payable 6 \| Common Stock
Common stock issued for conversion of debt - shares		800,000
Convertible Note Payable 7
Accrued interest and fees payable		$ 2,406
Represents the monetary amount of GainOnSettlementOfDebt, during the indicated time period.		$ 2,416
Convertible Note Payable 7 \| Common Stock
Common stock issued for conversion of debt - shares		1,000,000
Convertible Note Payable 8 \| Common Stock
Common stock issued for conversion of debt - shares		68,966

6. Convertible Notes Payable_49

6. Convertible Notes Payable: Schedule of Derivative Liability Related to the Conversion Feature (Details) - USD ($)	12 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2014
Derivative liabilities	$ 2,081,931	$ 47,808
Derivative Liability
Derivative liabilities	2,081,931	47,808	$ 63,359
Issuance of convertible notes	122,000	83,393
Gain (Loss) on Derivative Liability Related to the Conversion Feature	2,104,872	(53,257)
Conversion of debt to shares of common stock and repayment of debt	$ (192,749)	$ (45,687)

6. Convertible Notes Payable_50

6. Convertible Notes Payable: Schedule of Assumptions for Fair Value as of Balance Sheet Date of Assets or Liabilities (Details)	12 Months Ended
	Apr. 30, 2016
Fair Value Assumptions, Expected Dividend Rate	0.00%
Minimum
Fair Value Assumptions, Risk Free Interest Rate	0.40%
Fair Value Assumptions, Expected Term	6 months 25 days
Fair Value Assumptions, Expected Volatility Rate	158.45%
Maximum
Fair Value Assumptions, Risk Free Interest Rate	0.48%
Fair Value Assumptions, Expected Term	9 months 7 days
Fair Value Assumptions, Expected Volatility Rate	167.70%

7. Income Taxes_ Schedule of 51

7. Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Apr. 30, 2016	Apr. 30, 2015
Details
Net operating loss carryforwards	$ 770,400	$ 615,900
Related party accrued interest	27,900	12,600
Accrued expenses related party	220,500	357,000
Valuation allowance	$ (1,018,800)	$ (985,500)

7. Income Taxes_ Schedule of 52

7. Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)	12 Months Ended
	Apr. 30, 2016	Apr. 30, 2015
Details
Book loss	$ (926,300)	$ (149,100)
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amount	746,800	3,000
Gain on debt settlement	(41,600)
Related party accruals	66,700	3,400
Related party interest	19,700	8,100
Valuation allowance	$ 134,700	$ 134,600

7. Income Taxes (Details)

7. Income Taxes (Details)	Apr. 30, 2016USD ($)
Details
Operating Loss Carryforwards	$ 1,975,000
Operating Loss Carryforwards Deemed to have been Forfeit	$ 1,502,000

8. Stockholders' Deficit (Detai

8. Stockholders' Deficit (Details) - USD ($)	12 Months Ended
8. Stockholders' Deficit (Details) - USD ($)	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2012
Common stock shares authorized	200,000,000	200,000,000
Preferred stock par value	$ 0.0001	$ 0.0001
Common stock issued for conversion of debt	$ 33,987	$ 186,566
Common stock issued for directors fees	$ 91,020
Common stock issued for payables - related parties		175,000
Common stock issued for conversion of related party debt		$ 180,708
Preferred stock shares authorized	20,000,000	20,000,000
Series A Preferred Stock
Stock issued in payment of outstanding debt - related party			600,000
Series B Preferred Stock
Stock issued to acquire Long Canyon			500,000
Common Stock
Common stock issued for conversion of debt - shares	181,748	1,868,966
Common stock issued for conversion of debt	$ 18	$ 187
Common stock issued for directors fees - shares	200,000
Common stock issued for directors fees	$ 20
Common stock issued for payables - related parties - shares		2,400,000
Common stock issued for payables - related parties		$ 240
Common stock issued for conversion of related party debt - shares		2,107,080
Common stock issued for conversion of related party debt		$ 210
Adjustment to common shares outstanding - shares	(15)	1

9. Stock Options and Warrants (

9. Stock Options and Warrants (Details)	12 Months Ended
9. Stock Options and Warrants (Details)	Apr. 30, 2016USD ($)
Details
Stock-based compensation	$ 117,221

9. Stock Options and Warrants56

9. Stock Options and Warrants: Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions (Details)	12 Months Ended
	Apr. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum	0.77%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum	1.25%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	0.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum	123.41%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum	138.42%
Minimum
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	2 years 29 days
Maximum
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	5 years

9. Stock Options and Warrants57

9. Stock Options and Warrants: Schedule of Share-based Compensation, Activity (Details)	12 Months Ended
	Apr. 30, 2016$ / sharesshares
Details
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures \| shares	1,068,333
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value \| $ / shares	$ 1.559
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number \| shares	1,068,333
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price \| $ / shares	$ 1.559
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	2 years 3 months 4 days

10. Contingencies and Commitm58

10. Contingencies and Commitments (Details)	12 Months Ended
10. Contingencies and Commitments (Details)	Apr. 30, 2016USD ($)
EMAC Handels AG
Monthly fee for administration services	$ 5,000
Monthly fee for Office Rent	250
Monthly fee for Office Supplies	125
Frank Thorwald
Monthly fee for administration services	5,000
Merrill W. Moses
Monthly fee for administration services	7,500
Bureau of Land Management
Annual Claim Payments - BLM	195
Annual Claim Payments - State of Nevada	40
Annual Commitment	$ 7,050

12. Supplemental Statement of59

12. Supplemental Statement of Cash Flows Information (Details) - USD ($)	12 Months Ended
	Apr. 30, 2016	Apr. 30, 2015
Interest Paid	$ 67,514	$ 1,550
Common stock issued for conversion of debt	33,987	186,566
Increase Decrease to Convertible Notes Payable	10,014
Increase decrease in debt discount	10,723
Increase decrease in derivative liability	168,698
Increase Decrease in Debt Discount and Derivative Liability	122,000	53,326
Beneficial conversion feature of convertible debt	232,650
Common stock issued for payables - related parties		175,000
Common stock issued for conversion of related party debt		180,708
Common Stock
Common stock issued for conversion of debt	18	187
Common stock issued for payables - related parties		240
Common stock issued for conversion of related party debt		210
Additional Paid-In Capital
Common stock issued for conversion of debt	33,969	186,379
Beneficial conversion feature of convertible debt	$ 232,650
Common stock issued for payables - related parties		174,760
Common stock issued for conversion of related party debt		$ 180,498