Dakota Gold (DC) 10-K 28 Jun 22 2022 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 31, 2022	Jun. 25, 2022	Sep. 30, 2021
Cover [Abstract]
Registrant Name	Dakota Gold Corp.
Registrant CIK	0001852353
Current Fiscal Year End Date	--03-31
Document Type	10-K
Document Annual Report	true
Entity File Number	000-41349
Document Period End Date	Mar. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	85-3475290
Entity Address, Address Line One	106 Glendale Drive
Entity Address, City or Town	Suite A, Lead
Entity Address, State or Province	SD
Entity Address, Postal Zip Code	57754
City Area Code	605
Local Phone Number	717-2540
Title of 12(g) Security	Common Stock, par value $0.001
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Shell Company	false
Entity Public Float			$ 0
Entity Common Stock, Shares Outstanding		71,994,644
Amendment Flag	false
Document Transition Report	false
Entity Ex Transition Period	false
Auditor Firm ID	298
Auditor Name	Ham, Langston & Brezina, L.L.P.
Auditor Location	Houston, Texas, USA

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Current assets
Cash and cash equivalents	$ 41,401,116	$ 11,444,668
Receivable	94,807	0
Prepaid expenses and other current assets	376,689	384,897
Total current assets	41,872,612	11,829,565
Non-current assets
Mineral properties	76,962,958	57,931,794
Property and equipment, net	1,229,012	870,744
Other assets	20,000	0
Total assets	120,084,582	70,632,103
Current liabilities
Accounts payable and accrued liabilities	2,537,154	846,622
Accounts payable - related party	0	3,000
Current portion of notes payable - related party	0	906,768
Total current liabilities	2,537,154	1,756,390
Non-current liabilities
Notes payable - related party, net of current portion and discount	0	473,325
Deferred tax liability	3,713,023	9,398,458
Total liabilities	6,250,177	11,628,173
Commitments and contingent liabilities	0	0
Stockholders' equity
Common stock, par value $0.001; 144,302,330 shares authorized, 70,850,395 and 35,136,029 shares issued and outstanding as of March 31, 2022 and March 31, 2021, respectively	70,850	35,136
Additional paid-in capital	100,697,655	12,105,720
Retained earnings	13,065,900	25,679,461
Equity attributable to stockholders of the Company	113,834,405	37,820,317
Non-controlling interest	0	21,183,613
Total stockholders' equity	113,834,405	59,003,930
Total liabilities and stockholders' equity	$ 120,084,582	$ 70,632,103

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Mar. 31, 2022	Mar. 31, 2021
Statement of Financial Position [Abstract]
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	144,302,330	144,302,330
Common Stock, Shares, Issued	70,850,395	35,136,029
Common Stock, Shares, Outstanding	70,850,395	35,136,029

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating expenses
Exploration expenses	$ 7,334,459	$ 271,853
General and administrative expenses	23,942,616	1,820,265
Loss from operations	(31,277,075)	(2,092,118)
Other incomes (expenses)
Foreign exchange gain	11,243	79,001
Loss on settlement of debt	(124,521)	0
Gain on derivative assets	0	27,087,667
Interest income	24,582	32,443
Total other incomes (expenses)	(88,696)	27,199,111
Income (loss) before income taxes	(31,365,771)	25,106,993
Deferred tax benefit	5,685,435	413,424
Net income (loss)	(25,680,336)	25,520,417
Net loss attributable to non-controlling interest	(13,066,775)	(490,497)
Net income (loss) attributable to owners of the Company	$ (12,613,561)	$ 26,010,914
Basic and diluted income (loss) per share (in dollars per share)	$ (0.35)	$ 1.12
Weighted average number of basic and diluted shares of common stock outstanding (in shares)	35,580,142	23,165,060

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities
Net income (loss)	$ (25,680,336)	$ 25,520,417
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation expense	134,004	17,306
Loss on settlement of debt	124,521	0
Stock-based compensation expense	19,592,502	121,385
Accretion of debt discount	0	86,024
Gain on derivative assets	0	(27,087,667)
Deferred tax benefit	(5,685,435)	(413,424)
Changes in current assets and liabilities:
Receivable	(94,807)	(13,317)
Prepaid expenses and deposit	8,208	(357,177)
Accounts payable and accrued liabilities	1,691,280	278,865
Accounts payable - related party	(3,000)	(319,237)
Net cash used in operating activities	(9,913,063)	(2,166,825)
CASH FLOWS FROM INVESTING ACTIVITIES
Issuance of note receivable	0	(1,150,000)
Receipts on loan receivable	0	407,834
Purchases of property and equipment	(492,272)	(879,249)
Other assets	(20,000)	0
Purchases of mineral properties	(8,650,700)	(12,807,130)
Cash acquired on acquisition	0	9,697,502
Cash used in investing activities	(9,162,972)	(4,731,043)
CASH FLOWS FROM FINANCING ACTIVITIES
Issuance of share capital, net of issuance costs	318,572	22,563,570
Proceeds from sale of DTRC common stock	49,515,626	0
Payment of cash dividend to non-controlling interest	0	(4,357,246)
Proceeds from exercise of DTRC stock options and warrants	0	455,000
Payments on notes payable - related parties	(801,715)	(460,556)
Cash provided by financing activities	49,032,483	18,200,768
Net change in cash and cash equivalents	29,956,448	11,302,900
Cash and cash equivalents, beginning of year	11,444,668	141,768
Cash and cash equivalents, end of year	41,401,116	11,444,668
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued for purchase of mineral properties	10,380,464	1,320,000
Conversion of note receivable as consideration for mineral properties	0	1,450,000
Common stock issued for settlement of notes payable	703,647	0
Related party accounts payable and accrued interest converted to related party note payable	0	1,447,997
Conversion of derivative to consideration for mineral properties	0	12,339,161
Value of convertible feature of promissory note as consideration for mineral properties	0	1,836,667
Common stock issued for acquisition of non-controlling interest	$ 48,799,274	$ 0

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES SHAREHOLDERS' EQUITY - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Share Subscriptions Receivable Member [Member]	Retained Retained (Deficit) [Member]	Non-Controlling Interest [Member]	Total
Beginning Balance at Mar. 31, 2020	$ 14,781	$ 1,205,063	$ (126,753)	$ (331,453)		$ 761,638
Beginning Balance (Shares) at Mar. 31, 2020	14,781,127
Common stock issued for cash, net of issuance costs	$ 20,355	22,416,462	$ 126,753			22,563,570
Common stock issued for cash, net of issuance costs (Shares)	20,355,490
Acquisition of DTRC common stock		(12,911,839)			$ 25,444,979	12,533,140
Payment of cash dividend by DTRC					(4,357,246)	(4,357,246)
Change in non-controlling interest		1,396,034			(1,396,034)
DTRC common stock issued for investment in mineral property					1,320,000	1,320,000
Stock-based compensation expense					121,385	121,385
Debt discount on notes payable - related party					86,026	86,026
Common stock issued upon exercise of stock options					455,000	455,000
Net income (loss) for the year				26,010,914	(490,497)	25,520,417
Ending Balance at Mar. 31, 2021	$ 35,136	12,105,720		25,679,461	21,183,613	$ 59,003,930
Ending Balance (Shares) at Mar. 31, 2021	35,136,617					35,136,029
Common stock issued for cash, net of issuance costs	$ 505	318,067				$ 49,515,626
Common stock issued for cash, net of issuance costs (Shares)	505,050
DTRC common stock issued					49,515,626	49,515,626
Change in non-controlling interest		34,185,108			(34,185,108)
DTRC common stock issued for investment in mineral property					10,380,464	10,380,464
DTRC common stock issued upon conversion of debt					703,647	703,647
Stock-based compensation expense					19,592,502	19,592,502
Issuance of stock for acquisition of non-controlling interest	$ 35,209	48,764,065			(48,799,274)
Issuance of stock for acquisition of non-controlling interest (Shares)	35,208,728
Elimination of non-controlling interest on acquisition		5,324,695			(5,324,695)
Net income (loss) for the year				(12,613,561)	$ (13,066,775)	(25,680,336)
Ending Balance at Mar. 31, 2022	$ 70,850	$ 100,697,655		$ 13,065,900		$ 113,834,405
Ending Balance (Shares) at Mar. 31, 2022	70,850,395					70,850,395

Organization and Nature of Busi

Organization and Nature of Business	12 Months Ended
	Mar. 31, 2022
Organization And Nature Of Business [Abstract]
Organization and Nature of Business [Text Block]	NOTE 1 - Organization and Nature of Business Dakota Gold Corp., (the "Company" or "Dakota Gold") was incorporated as JR Resources Corp. ("JR") on November 15, 2017 under the Business Corporations Act (British Columbia, Canada). The Company focuses its business efforts on the acquisition, exploration, and development of mineral properties in the United States of America ("U.S."). On May 22, 2020, the Company completed the domestication process and changed the Company's registration from the Province of British Columbia, Canada to the State of Nevada, U.S. On March 31, 2022, pursuant to the U.S. Securities and Exchange Commission ("SEC") approval of the DTRC Merger (defined below) and acquisition of the remaining shares of Dakota Territory Resource Corp. ("DTRC") by the Company, DTRC was merged into a subsidiary of the Company and prior to completion of the DTRC Merger, JR changed its name to Dakota Gold Corp. (see DTRC Merger Transaction below). Liquidity The Company's mineral properties are at the exploration stage and are without a known body of commercial ore and therefore have not generated revenues. The business of exploring for minerals involves a high degree of risk. Few properties that are explored are ultimately developed into producing mines. Major expenditures may be required to establish ore reserves, to develop metallurgical processes, to acquire construction and operating permits and to construct mining and processing facilities. The amounts shown as exploration and evaluation assets cost represent acquisition and holding costs and do not necessarily represent present or future recoverable values. The recoverability of the amounts shown for mineral properties is dependent upon the Company obtaining the necessary financing to complete the exploration and development of the properties, the discovery of economically recoverable reserves and future profitable operations or through sale of the assets. These consolidated financial statements have been prepared on the assumption that the Company and its subsidiaries will continue as a going concern, meaning it will continue in operation for the foreseeable future and will be able to realize assets and discharge liabilities in the ordinary course of operations. Different bases of measurement may be appropriate if the Company is not expected to continue operations for the foreseeable future. As of March 31, 2022, the Company had not advanced its properties to commercial production and is not able to finance day-to-day activities through operations. The Company's management believes the cash raised during the year ended March 31, 2022, cash balance of approximately $39.3 million as at March 31, 2022, as well as its working capital surplus of $39,335,458, alleviate the doubt as to the Company's ability to continue as a going concern. Uncertainties and Economic Development In March 2020, the World Health Organization designated the coronavirus ("COVID-19") as a global pandemic. Federal, state and local governments have mandated orders to slow the transmission of the virus, including but not limited to shelter-in-place orders, quarantines, restrictions on travel, and work restrictions that prohibit many employees from going to work. Uncertainty with respect to the economic effects of the pandemic has resulted in significant volatility in the financial markets. Furthermore, the impact of the pandemic on the global economy could also negatively impact the availability and cost of future borrowings or equity financing should the need arise. It is unknown how long the adverse conditions associated with the pandemic will last and what the complete financial and operating effect will be to the Company. The Company continues to monitor the impact that the pandemic, including relief bills enacted in response thereto, may have on operations. Reverse Stock Split On March 8, 2022, the Company completed a reverse split of its common stock on a 1 for 0.721512 share basis, par value $0.001 per share (the "Reverse Stock Split"). As a result of the Reverse Stock Split, each share of common stock issued and outstanding was automatically decreased to approximately 0.721512 of a share of issued and outstanding common stock, without any change in the par value per share. All information related to the Company's common stock, warrants and earnings or loss per share were retroactively adjusted to give effect to the Reverse Stock Split for all periods presented. To affect the Reverse Stock Split, on March 8, 2022, the Company filed a certificate of change with the Nevada Secretary of State to decrease the number of authorized shares from 200,000,000 to 144,302,330 shares of common stock, par value of $0.001 per share. DTRC Merger Transaction On September 10, 2021, the Company and DTRC entered into an Amended and Restated Agreement and Plan of Merger (the "merger agreement") providing for the acquisition of the non-controlling interest of DTRC where the Company would acquire the remaining shares (not previously owned) of DTRC for an equal number of shares of the Company and DTRC would merge into a subsidiary of the Company (the "DTRC Merger" or the "DTRC Transaction"). The DTRC Merger was approved by the stockholders of DTRC at a Special Meeting of Stockholders and closed with an effective date of March 31, 2022. Pursuant to the merger agreement, the DTRC stockholders received one share of Dakota Gold common stock for each share of DTRC's common stock owned at the time of the closing. Upon closing of the transactions, DTRC's former stockholders owned approximately 49% of Dakota Gold's outstanding shares of common stock, while the Company's existing stockholders owned approximately 51%.

Summary of Accounting Policies

Summary of Accounting Policies	12 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Summary of Accounting Policies [Text Block]	NOTE 2 - Summary of Accounting Policies Basis of Presentation The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). Basis of Consolidation These consolidated financial statements include the accounts of the Company and its subsidiaries at the end of the reporting periods as follows: Incorporation Percentage owned 2022 2021 DTRC LLC USA 100% 63% JR Resources (Canada) Services Corp. Canada 100% 100% Dakota Gold Holdings LLC USA 100% N/A Dakota Gold (Canada) Services Corp. Canada 100% N/A As discussed in Note 3, in October 2020 the Company acquired control of DTRC and, as such, the results of DTRC have been included in the accompanying financial statements beginning on October 15, 2020. All significant intercompany accounts and transactions between the Company and its subsidiaries have been eliminated upon consolidation. Non-controlling Interest Non-controlling interest ("NCI")represents the portion of a subsidiary's earnings and losses and net assets that are not owned by the Company. If losses in a subsidiary applicable to a non-controlling interest exceed the non-controlling interest in the subsidiary's equity, the excess is allocated to the non-controlling interest except to the extent that the majority interest holder has a binding obligation and is able to cover the losses. The Company initially recognizes a non-controlling interest in an asset acquisition on the date of acquisition at its fair value. Subsequent to initial recognition and measurement a non-controlling interest is allocated its share of net income or loss, and its respective share of each component of other comprehensive income of the consolidated subsidiary. Use of Estimates The preparation of the Company's financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Significant items subject to such estimates include, valuation of stock-based compensation, valuation of derivative assets, and impairment of long-lived assets. Actual results could differ from the amounts recorded in these consolidated financial statements. Foreign Currency The financial position and results of operations of the Company's Canadian subsidiaries are measured using the U.S. dollar as the functional currency. Accordingly, there is no translation gain or loss associated with these operations. Transaction gains and losses related to foreign currency monetary assets and liabilities where the functional currency is the U.S. dollar are remeasured at current exchange rates and the resulting adjustments are included in the accompanying consolidated statements of operations. Cash and Cash Equivalents The Company considers all highly liquid investments with maturities of three months or less, when purchased, to be cash and cash equivalents. The Company is exposed to credit risk from its deposits of cash in excess of amounts insured by the Federal Deposit Insurance Corporation. The Company has not experienced any losses on its deposits of cash. Property and Equipment Property and equipment consist primarily of land, buildings, office furniture and equipment, and are recorded at cost. Expenditures related to acquiring or extending the useful life of property and equipment are capitalized. Expenditures for repair and maintenance are charged to operations as incurred. Depreciation is computed using the straight-line method over an estimated useful life which ranges from 3-39 years depending upon asset type. Mineral Rights and Properties The Company has been in the exploration stage since inception and has not yet realized any revenues. All exploration expenditures are expensed as incurred. Costs of acquisition and option costs of mineral rights are capitalized upon acquisition. Mine development costs incurred to develop new ore deposits, to expand the capacity of mines, or to develop mine areas substantially in advance of current production are also capitalized once proven and probable reserves exist and the property is a commercially mineable property. There has been no mine development to date. If the Company determines it will no longer continue with exploration in an area where costs have been capitalized, the directly associated costs will reviewed for impairment. Costs of abandoned projects are charged to mining costs including related property and equipment costs. The Company assesses the possibility of impairment in the carrying value of its long-lived assets (Property and Equipment and Mineral Property Costs) whenever events or circumstances indicate that the carrying amounts of the asset or assets group may not be recoverable. The Company calculates the estimated recoverable amount of the asset or assets based upon expected future undiscounted cash flows. When the carrying value of an asset exceeds the related undiscounted cash flows, the asset is written down to its estimated fair value, which is usually determined using discounted future cash flows or estimated sale value in accordance with Accounting Standards Codification (ASC) 360-10-35-15, Impairment or Disposal of Long-Lived Assets Fair Value Measurements The Company accounts for assets and liabilities measured at fair value in accordance with ASC 820, Fair Value Measurements and Disclosures Level 1: Observable inputs that reflect unadjusted quoted prices for identical assets or liabilities traded in active markets. Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3: Inputs that are generally unobservable. These inputs may be used with internally developed methodologies that result in management's best estimate of fair value. The Company's financial instruments consist principally of cash and cash equivalents, accounts payable and accrued liabilities and notes payable. The carrying amounts of such financial instruments in the accompanying financial statements approximate their fair values due to their relatively short-term nature or the underlying terms are consistent with market terms. The Company follows the provisions of Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 820-10 for nonfinancial assets and liabilities measured at fair value on a nonrecurring basis. As it relates to the Company, this applies to certain nonfinancial assets and liabilities acquired in business combinations. Environmental Costs Environmental expenditures that relate to current operations are expensed or capitalized as appropriate. Expenditures that relate to an existing condition caused by past operations, and which do not contribute to current or future revenue, generally are expensed. Liabilities are recorded when environmental assessments and/or remedial efforts are probable, and the cost can be reasonably estimated. Generally, the timing of these accruals coincides with the earlier of the completion of a feasibility study or the Company's commitment to a plan of action based on the then known facts. Derivative Assets The Company estimated the fair value of its derivative asset using the Black-Scholes valuation model, in accordance with the provisions of ASC 815, Derivatives and Hedging Income Taxes Income taxes are computed using the asset and liability method, in accordance with ASC 740, Income Taxes The Company recognizes and measures a tax benefit from uncertain tax positions when it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The Company recognizes a liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in a tax return. The Company adjusts these liabilities when its judgement changes as a result of the evaluation of new information not previously available. Due to the complexity of some of these uncertainties, the ultimate resolution may result in a payment that is materially different from the current estimate or future recognition of an unrecognized tax benefit. These differences will be reflected as increases or decreases to income tax expense in the period in which they are determined. The Company recognizes interest and penalties related to unrecognized tax positions within the income tax expense line in the statements of operations. Basic and Diluted Earnings (Loss) Per Share The Company computes basic and diluted earnings (loss) per share amounts pursuant to the provisions of ASC 260, Earnings per Share The dilutive effect of outstanding options and warrants is reflected in diluted earnings per share by application of the treasury stock method. The effect of the Company's outstanding options and warrants were excluded for both the years ended March 31, 2022 and 2021, because they were anti-dilutive (see Note 10 for number of options and warrants issued and outstanding during the year). Stock-Based Compensation The Company estimates the fair value of share-based compensation using the Black-Scholes valuation model, in accordance with the provisions of ASC 718, Compensation - Stock Compensation Recent Accounting Pronouncements Pronouncements between March 31, 2022 and the date of this filing are not expected to have a significant impact on the Company's operations, financial position, or cash flow, nor does the Company expect the adoption of recently issued, but not yet effective, accounting pronouncements to have a significant impact on our results of operations, financial position or cash flows.

DTRC Acquisition

DTRC Acquisition	12 Months Ended
	Mar. 31, 2022
Business Combinations [Abstract]
DTRC Acquisition [Text Block]	NOTE 3 - DTRC Acquisition In May 2020, the Company entered into an agreement with DTRC (the "Agreement") as well as an amended and restated promissory note in the amount of $1,450,000, whereby the Company loaned $1,150,000 to DTRC (in addition to the $300,000 advanced to DTRC in February 2020) and DTRC granted the Company the right to purchase up to 35,641,667 shares of common stock of DTRC at $0.60 per share (approximately 64% on a fully diluted basis) in one or more closings on or prior to October 15, 2020. The purchase right was determined to be a derivative asset. At issuance date, the Company determined the fair value of the purchase right was $16,351,772 using a Black Scholes valuation model. The weighted-average assumptions used to calculate the grant date fair value were as follows: (i) risk-free interest rate of 0.17%, (ii) estimated volatility of 223%, (iii) dividend yield of 0%, and (iv) expected life of 0.39 years. The fair value of the purchase right was revalued at each reporting period end with the gain or loss on derivative asset being recorded in the statement of operations, for the years ended March 31, 2022 and 2021, the Company recognized a gain on derivative assets of $0 and $25,251,000, respectively, related to the purchase rights. DTRC Acquisition - First Closing In October 2020, the Company and DTRC effected the first closing under the Agreement (the "First DTRC Acquisition") whereby the Company purchased 17,416,667 shares of common stock of DTRC for aggregate consideration of $10,450,000, including $9,000,000 in cash and $1,450,000 upon conversion of the principal amount of the May 2020 promissory note. The convertible feature of the promissory note exercised on October 15, 2020 was fair valued at $1,836,667 using a Black Scholes valuation model. However, given there was no term remaining on the convertible feature of the promissory note, the fair value was equal to the intrinsic value on October 15, 2020. The purchase right was exercised on October 15, 2020 and fair valued at $12,339,161 using a Black Scholes valuation model. However, given there was no term remaining on the purchase right, the fair value was equal to the intrinsic value at October 15, 2020. In addition, the Company and DTRC entered into amending agreements on October 15, 2020 and February 15, 2021 whereby (i) it was agreed to extend the balance of the May 2020 purchase right until March 17, 2021, and would allow the Company the option to purchase up to an additional 18,225,000 shares of common stock for up to an additional $10,935,000, and (ii) DTRC agreed to allow for two nominees to be appointed by the Company, one nominee of the Company was appointed as a director on October 15, 2020. Immediately after the first closing, the Company owned 49.42% of DTRC common stock outstanding and had the right to purchase an additional 18,225,000 DTRC shares of common stock. In addition, the Company substantially controlled the operational and financial decisions of DTRC through a contractual agreement related to the use of the investment proceeds. Therefore, the Company determined that the acquisition of control of DTRC took place on October 15, 2020. For accounting purposes, the acquisition of DTRC has been treated as an acquisition of mineral properties. The total consideration for the acquisition of the assets and liabilities of DTRC assumed on acquisition were as follows: Consideration: Conversion of promissory note $ 1,450,000 Value of convertible feature of promissory note 1,836,667 Cash investment 9,000,000 Value of purchase right 12,339,161 Transaction costs 231,043 $ 24,856,871 Allocated as follows: Cash and cash equivalents $ 9,697,502 Prepaid expenses 14,403 Mineral properties 53,035,706 Property and equipment 8,801 Accounts payable and accrued liabilities (479,794 ) Accounts payable - related party (1,770,234 ) Notes payable - related party (392,652 ) Deferred tax liability (9,811,882 ) Non-controlling interest (25,444,979 ) $ 24,856,871 The consideration paid for DTRC has been allocated to the individual assets acquired and liabilities assumed based on their relative fair values. The carrying value of cash and cash equivalents, prepaid expenses, property and equipment, accounts payable and accrued liabilities, accounts payable - related party, notes payable - related party approximated fair value at acquisition. The mineral properties were fair valued using a market-based approach considering comparable market transactions and the non-controlling interest has been recognized at fair value. The consideration paid, less the net assets of DTRC acquired, have been adjusted based on the percentage of shares held by the Company and the non-controlling interest holders and added to the mineral properties to reflect the fair value of the Black Hills Property (See Note 5). As a result of the acquisition, the Company recorded a deferred tax liability of $9,811,882. DTRC Acquisition - Second and Final Closing In March 2021, the Company and DTRC effected the second and final closing under the Agreement as amended, (the "Second DTRC Acquisition"), whereby the Company purchased 18,225,000 shares of common stock of DTRC for an aggregate consideration of $10,935,000, $10,635,000 in cash upon closing and $300,000 upon conversion of the principal amount of a promissory note issued in January 2021. The Company's interest in DTRC increased from 49.42% on the first closing to 63.42% and the Company maintained control of DTRC. DTRC Merger and Acquisition of Non-Controlling Interest Pursuant to the DTRC Merger agreement, (Note 4) the Company completed the acquisition of the remaining shares of DTRC (See Notes 1 and 4) and DTRC became a wholly-owned subsidiary of the Company.

Non-Controlling Interest

Non-Controlling Interest	12 Months Ended
	Mar. 31, 2022
Noncontrolling Interest [Abstract]
Non-Controlling Interest [Text Block]	NOTE 4 - Non-Controlling Interest Non-controlling interest represents the portion of net assets in consolidated entities that are not owned by the Company. The following table presents the continuity of non-controlling interest reported in stockholders' equity as of March 31, 2021 and 2022: Balance, March 31, 2020 $ - Acquisition of DTRC 25,444,979 Payment of cash dividend by DTRC (4,357,246 ) Change in non-controlling interest (1,396,034 ) DTRC common stock issued for investment in mineral property 1,320,000 Stock-based compensation expense 121,385 Debt discount on notes payable - related party 86,026 DTRC common stock issued upon exercise of options 455,000 Net loss attributable to non-controlling interest (490,497 ) Balance, March 31, 2021 $ 21,183,613 DTRC common stock issued 49,515,626 DTRC common stock issued for investment in mineral property 10,380,464 DTRC common stock issued upon conversion of debt 703,647 Stock-based compensation expense 19,592,502 Change in non-controlling interest (34,185,108 ) Net loss attributable to non-controlling interest (13,066,775 ) Issuance of stock for acquisition of NCI (48,799,274 ) Elimination of NCI on acquisition (5,324,695 ) Balance, March 31, 2022 $ - In October 2020, the Company acquired 49.42% of the DTRC common stock outstanding. In March 2021, the Company and DTRC effected the second and final closing whereby the Company increased its interest in DTRC from 49.42% to 63.42%. As of March 31, 2021, there were no further changes to the Company's ownership of DTRC. On March 31, 2022, pursuant to the DTRC Transaction, the Company acquired the remaining outstanding shares of Dakota (the "acquisition of NCI"), whereby the Company issued 35,208,729 shares to DTRC's stockholders for the acquisition of 35,208,729 DTRC shares not previously owned by the Company resulting in the Company owning 100% of DTRC upon the closing of the transaction. The Company determined that each share issued pursuant to the DTRC Transaction had a fair value of $1.39, resulting in a $48,799,273 fair value of consideration, of which $35,209 was attributable to share capital, $48,764,065 attributable to additional paid-in capital. The purchase consideration was offset against the $54,123,969 NCI balance with $5,324,695 recorded to additional paid-in capital, being the difference between the fair value of the consideration paid and the carrying amount of the NCI on closing.

Mineral Rights and Properties

Mineral Rights and Properties	12 Months Ended
	Mar. 31, 2022
Mineral Industries Disclosures [Abstract]
Mineral Rights and Properties [Text Block]	NOTE 5 - Mineral Rights and Properties On September 26, 2012, the Company (via the consolidated DTRC, noted as "DTRC" in the disclosures below) was re-organized with North Homestake Mining Company and acquired the Blind Gold Property located in the Homestake District of South Dakota. In 2018 and 2019, DTRC acquired additional acreage associated with DTRC's City Creek Property and the Tinton Gold Property. In 2020 and 2021, DTRC increased the size of the DTRC's Blind Gold Property, the Tinton Property, the Poorman Anticline Property, the Ragged Top Gold Project, the West Corridor Property, the City Creek Property and added the South Lead/Whistler Gulch Property through a combination of acquisitions and claim staking. On October 26, 2020, the Company completed the purchase of the Maitland Gold Property from Homestake Mining Company of California ("HMCC"), a wholly owned subsidiary of Barrick Gold Corporation ("Barrick"). At closing, DTRC paid Barrick $3.5 million in cash and issued 750,000 shares of DTRC's common stock valued at $1.76 per share, for total consideration of $4.82 million. Additionally, Barrick retained a 2.5% net smelter return royalty on the property. The 2,112 mineral-acre Maitland acquisition is an important component of the Company's exploration and development strategy for the structural corridor that extends from the Homestake Gold Mine to the Company's Blind Gold Property at the northern end of the Homestake District. On September 7, 2021, the Company entered into an option agreement to acquire surface rights and certain facilities in the Homestake District, South Dakota from HMCC. The agreement provides for exclusive access to three extensive historic data sets which chronicle its 145-year exploration and mining history throughout South Dakota. Under the terms of the agreement, DTRC has a three-year option to acquire 4,261 acres of surface rights with attendant facilities and data held by HMCC. In consideration for the option, DTRC made a cash payment of $1.3 million and issued 1 million DTRC common stock valued at $4,850,000 to Barrick and will make annual option payments of $300,000 during the option period. DTRC may exercise the option on or before September 7, 2024, by assuming all of the liabilities and bonds currently held by HMCC in the Homestake District. In addition, on exercise of the option, the Company will issue Barrick 3 million shares and grant a 2.5% net smelter royalty ("NSR")to Barrick with respect to any gold that may be recovered only from the Grizzly Gulch property. On October 14, 2021, the Company entered into an option agreement to acquire the Richmond Hill Property in the Homestake District, South Dakota from LAC Minerals (USA) LLC and HMCC. Under the terms of the agreement, the Company has a three-year option to acquire 2,126 acres of surface and mineral rights with attendant facilities. The Company issued 400,000 DTRC shares valued at $1,816,000 to Barrick and will make annual option payments of $100,000 during the option period. The Company may exercise the option on or before September 7, 2024, by assuming all the liabilities and bonds associated with the Richmond Hill Property. In addition, on exercise of the option, the Company will issue Barrick an additional 400,000 shares and grant a 1% NSR to Barrick with respect to any gold that may be recovered from the Richmond Hill Property. In total, the Company currently holds eleven brownfield project areas in the district comprised of 1,905 unpatented mining claims (32,256 unpatented acres), the Homestake Option Area (4,261 patented acres), the Richmond Hill Option Area (2,126 patented acres) and additional lands and mineral rights throughout the district (3,201 patented acres) for a combination of surface and mineral lease rights covering a total of 43,971 acres. The Company has not established that any of its projects or properties contain proven or probable gold reserves under Regulation S-K Subpart 1300. As of March 31, 2022 and 2021, the carrying cost of Company's mineral properties totaled $76,962,958 and $57,931,794, respectively. As of March 31, 2022, the Company is in the exploration stage and has not commenced amortization of its properties. The Company will capitalize certain costs to its projects when the costs can be specifically attributable to a project, or when it is reasonable to allocate those costs. General regional exploration costs are not allocated to specific properties.

Property and Equipment

Property and Equipment	12 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment [Text Block]	NOTE 6 - Property and Equipment As of March 31, 2022 and 2021, the Company's property and equipment consists of the following: Estimated 2022 2021 Land $ 70,000 $ 70,000 Building 39 699,975 503,711 Furniture and equipment 3 to 5 626,133 330,125 1,396,108 903,836 Less accumulated depreciation (167,096 ) (33,092 ) Property and equipment, net $ 1,229,012 $ 870,744 Depreciation expense for the years ended March 31, 2022 and 2021 was $134,004 and $17,306, respectively.

Accounts Payable and Accrued Li

Accounts Payable and Accrued Liabilities	12 Months Ended
	Mar. 31, 2022
Accounts Payable and Accrued Liabilities [Abstract]
Accounts Payable and Accrued Liabilities [Text Block]	NOTE 7 - Accounts Payable and Accrued Liabilities As of March 31, 2022 and 2021, the Company's accounts payable and accrued liabilities consists of the following: 2022 2021 Trade payables $ 2,051,569 $ 524,512 Accrued liabilities 467,965 321,362 Other 17,620 748 $ 2,537,154 $ 846,622

Related Party Transactions

Related Party Transactions	12 Months Ended
	Mar. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions [Text Block]	NOTE 8 - Related Party Transactions The Company has engaged in related party transactions that involve its officers and directors and/or companies controlled by the officers and directors. Following is an analysis of related party transactions: Mr. Gerald Aberle was DTRC's former President and Chief Executive Officer and is currently Chief Operating Officer of the Company. He is also a director and significant stockholder of the Company and the owner of Jerikodie Inc. ("Jerikodie"). Under a February 2012 agreement, Jerikodie earned a fixed consulting fee of $9,000 per month, plus approved expenses. The accrued consulting fee was not paid from the inception of the agreement through October 2020. In October 2020, DTRC paid Jerikodie $200,000 of the $729,500 owed to it for accrued consulting fees and issued a note payable to Jerikodie for the remaining balance of $529,500 bearing interest at 0.25% per year. On June 1, 2021, DTRC and Jerikodie settled the outstanding debt of $529,544 through the payment of $376,550 and the issuance of 45,563 shares of common stock. The fair value of the consideration paid to settle the note exceeded the carrying amount of the note, resulting in a loss on settlement of $92,045. During the years ended March 31, 2022 and 2021, DTRC paid Jerikodie approximately $66,000 and $108,000, respectively, for consulting fees, in addition to $25,000 in the year ended March 31, 2022, for the extinguishment of a net smelter royalty on the Blind Gold Property disclosed below. Effective April 15, 2021, the agreement with Jerikodie was terminated. DTRC engaged a company controlled by a family member of Mr. Aberle, for the purpose of providing general labor and during the years ended March 31, 2022 and 2021, incurred approximately $56,000 and $37,000 in costs, respectively. Mr. Richard Bachman was DTRC's former Chief Geological Officer. He is also a significant stockholder of the Company and the owner of Minera Teles Pires Inc. ("Minera Teles"). Under an October 2005 agreement that expired in March 2020, Minera Teles earned a $10,000 monthly consulting fee and received $1,500 per month for office rent and expenses. The consulting fee was divided between a $5,000 per month cash payment and a $5,000 per month deferred amount. DTRC also owed Mr. Bachman, individually, $305,145 in unsecured loans. These unsecured loans bore interest rates ranging from 3% to 4% per year and were due on demand. In June 2020, DTRC repaid $40,145 of the unsecured loans, plus accrued interest of $6,095. In October 2020, DTRC paid Minera Teles $200,000 for amounts owed for prior services and combined the remaining amount owed of approximately $795,500 with amounts owed under the unsecured loans, including unpaid interest, into a new note in the amount of $1,055,310, bearing interest at 0.25% per year. A payment of $145,000 was made in December 2020. In July 2021, DTRC and Mr. Bachman settled the outstanding debt of $872,578 through the payment of $425,165 in cash and the issuance of 99,049 shares of common stock. The fair value of the consideration paid to settle the note exceeded the carrying amount of the note, resulting in a loss on settlement of $32,476. In October 2020, DTRC issued a note payable to WCM Associates, LP ("WCM"), an entity controlled by DTRC's former CFO, in the amount of $123,000, bearing interest at 0.25% per year, for amounts owed for consulting fees. The note was paid in full. During the years ended March 31, 2022 and 2021, DTRC incurred $6,000 and $36,000, respectively, for consulting fees with WCM. WCM's services were discontinued at the end of May 2021. Messrs. Aberle and Bachman owned a 5% net smelter return royalty on the original 84 unpatented mining claims that comprised the Blind Gold Property. In August 2021, DTRC extinguished the royalty by paying Messrs. Aberle and Bachman $25,000 each.

Income Taxes

Income Taxes	12 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes [Text Block]	NOTE 9 - Income Taxes The following table sets forth a reconciliation of the statutory federal income tax for the years ended March 31: 2022 2021 Income tax expense (benefit) computed at federal statutory rates $ (6,579,200 ) $ 5,272,469 Non-taxable gain on derivatives - (5,688,410 ) Non-deductible expenses 28,794 67,148 Non-deductible stock-based compensation - 25,470 Change in valuation allowance 1,810,449 (37,727 ) Unrecognized temporary differences (52,374 ) Other (945,478 ) - Deferred tax benefit $ (5,685,435 ) $ (413,424 ) The tax effects of the temporary differences between reportable financial statement income and taxable income are recognized as deferred tax assets or liabilities. Significant components of the deferred tax assets and the related valuation allowance are set out below. Management has established a valuation allowance on certain deferred tax assets because of the underlying the deferred tax benefit may not be realized. Significant components of our deferred tax assets and liabilities as of March 31 are as follows: 2022 2021 Deferred tax assets: Net operating losses $ 5,228,304 $ 1,502,021 Net capital losses 36,685 36,685 Stock-based compensation 2,607,150 - Deferred exploration costs 1,317,562 - Total 9,189,701 1,538,706 Less: valuation allowance (1,810,449 ) - Total deferred tax assets 7,379,252 1,538,706 Deferred tax liability: Property and equipment (47,383 ) (182,856 ) Mineral properties (11,044,892 ) (10,754,308 ) Total deferred tax liabilities (11,092,275 ) (10,937,164 ) Total deferred taxes $ (3,713,023 ) $ (9,398,458 ) Of a total of approximately $25 million of net operating loss carry forward (including approximately $9 million of DTRC's unrecognized deferred tax asset), the net operating loss carry forward of approximately $9,722,000 will begin to expire in 2027, as they were incurred prior to 2018. As a result of the merger, DTRC's net operating losses prior to the merger date may be, by law, partially or entirely unavailable to offset future taxable income. We follow the provisions of ASC 740 relating to uncertain tax provisions and have commenced analyzing filing positions in all of the federal and state jurisdictions where we are required to file income tax returns, as well as all open tax years in these jurisdictions. There are no unrecognized tax benefits as of March 31, 2022 or March 31, 2021. We file income tax returns in the United States federally and in one state jurisdiction. The Company has not been subjected to tax examinations for any year and the statute of limitations has not expired. The Company's tax returns remain open for examination by the applicable authorities, generally 3 years for federal and 4 years for state.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Mar. 31, 2022
Stockholders' Equity Note [Abstract]
Stockholders' Equity [Text Block]	NOTE 10 - Stockholders' Equity Common Stock The holders of common stock are entitled to one vote per share with respect to all matters required by law to be submitted to stockholders. The holders of common stock have the sole right to vote. The common stock does not have any cumulative voting, pre-emptive, subscription or conversion rights. Election of directors requires the affirmative vote of a plurality of shares represented at a meeting, and other general stockholder action (other than an amendment to our Articles of Incorporation) requires the affirmative vote of a majority of shares represented at a meeting in which a quorum is represented. The outstanding shares of common stock are validly issued, fully paid and non-assessable. In connection with the domestication process on May 22, 2020, the Company changed its share capital structure from unlimited authorized shares of common stock without par value to 144,302,330 authorized shares of common stock, with a par value of $0.001 per share. Share Issuances during the year ended March 31, 2022 During the year ended March 31, 2022, the Company issued 505,050 units at a weighted average price of $1.39 per unit for proceeds of $700,000 through various private placements. Each unit consists of one share of the Company's common stock (505,050 total shares) and one-half of one warrant (252,525 total warrants). Each whole warrant entitles the holder thereof to purchase, upon exercise, one share of the Company's common stock for $2.08 per share for a period expiring on March 15, 2026. In connection with the private placements, the Company incurred aggregate expenses of $381,428. Share Issuances during the year ended March 31, 2021 During the year ended March 31, 2021, the Company issued 5,632,508 shares of common stock at a weighted average price of $0.38 for proceeds of $2,126,387 and 14,722,397 units at a price of $1.39 for proceeds of $20,405,269 through various private placements. Each unit consists of one common share of the Company's common stocks (14,722,347 total shares) and one-half of a warrant (7,361,199 total warrants). Each whole warrant is exercisable into one common share of the Company at an exercise price of $2.08 for a period of 5 years. In connection with the private placements, the Company incurred expenses of $94,839. DTRC Share Issuances during the year ended March 31, 2022 On June 23, 2021, DTRC issued 2,311,000 shares of common stock at a price of $4.50 per share of common stock, for gross proceeds of $10,399,500 in connection with the initial tranche of a non-brokered private placement ("Private Placement"). On July 21, 2021, DTRC issued 8,734,611 shares of common stock at a price of $4.50 per share, for gross proceeds of $39,305,750 in connection with the second tranche of the non-brokered Private Placement. On August 2, 2021, DTRC entered into a series of substantially similar subscription agreements, pursuant to which DTRC issued and sold to certain investors, in the final tranche of the Private Placement, an aggregate of 120,550 shares of common stock at a price of $4.50 per share, for gross proceeds of $542,475. In aggregate, DTRC issued a total of 11,166,161 shares of common stock for total gross proceeds of $50,247,725. Robert Quartermain, a director and Co-Chair of the Company, purchased 50,000 shares in the Private Placement. DTRC paid a total of $732,099 in stock issuance costs related to the Private Placement. During the year ended March 31, 2022, DTRC also issued (i) 2,160,239 shares of DTRC common stock valued at $10,380,464 for investment in mineral properties (see Note 5 for additional discussion), (ii) 144,612 shares of DTRC common stock valued at $703,647 for settlements of debt (see Note 8 for additional discussion), and (iii) 1,450,000 shares of DTRC common stock valued at $7,177,500 (see "Restricted Stock Units" below) to directors, employees and consultants of the Company pursuant to the Company's RSU plan. All common stock issued was valued at the closing price on the dates of issuance. DTRC Share Issuances during the period from October 15, 2020 to March 31, 2021 During the period from October 15, 2020 to March 31, 2021, DTRC issued (i) 17,725,000 shares of common stock for $10,635,000; (ii) 750,000 shares of DTRC common stock valued at $1,320,000 for investment in mineral properties, (iii) 1,437,500 shares for $455,000 upon the exercise of stock options, (iv) 501,467 shares upon cashless exercise of stock options and warrants; and (v) 500,000 shares of common stock upon conversion of notes payable balances totaling $300,000 (See Note 3 for further discussion). Common stock issued pursuant to non-cash transactions was valued at the trading price on the dates of issuance. DTRC Dividends On November 13, 2020, DTRC declared a special cash dividend of $0.22 per common share, totaling $4,357,246, to the DTRC non-controlling interest stockholders of record as of December 22, 2020. The Company had contractually waived its right to receive its pro-rata share of this special cash dividend. This dividend was paid in January 2021 by DTRC. There were no regular dividends issued during the year ended March 31, 2022. Stock Options Issued by DTRC On March 11, 2021, DTRC's board of directors adopted a plan entitled the "2021 Stock Incentive Plan." The 2021 Stock Incentive Plan had a total of 6,250,000 common stock purchase options available for award to DTRC's directors, executive officers and consultants. As of March 31, 2022, just prior to the DTRC Merger, a total of 1,750,625 shares of DTRC's common stock remained available for future grants under the 2021 Stock Incentive Plan. Pursuant to the DTRC Merger (see Note 3), on March 31, 2022, the Company cancelled DTRCs outstanding stock options and replaced them with options of DGC under the "2022 Stock Incentive Plan" with the same terms and provisions. The 2022 Stock Incentive Plan had a total of 6,250,000 common stock purchase options available to award to DTRC's directors, executive officers and consultants. As of March 31, 2022, a total of 1,750,625 shares of DTRC's common stock remained available for future grants under the 2022 Stock Incentive Plan. Outstanding stock options under the 2022 Stock Incentive Plan have a term of five years. Outstanding stock options granted to third-party service providers generally vest over a period of up to two years. During the year ended March 31, 2022, DTRC granted a total of 2,571,250 stock options with a weighted average exercise price of $4.77, exercisable for up to five years. DTRC recognized stock-based compensation related to issuance of stock options totaling $7,829,425 during the year ended March 31, 2022, of which $1,444,497 was allocated to exploration costs and $6,384,928 and allocated to administrative expenses. During the year ended March 31, 2021, DTRC recognized $124,706 of stock-based compensation, allocated to general and administrative expenses. During the year ended March 31, 2022, the Company estimated the fair value of each stock option to have a weighted average grant date fair value of $2.90 per share using a Black Scholes valuation model. The weighted- average assumptions used to calculate the grant date fair value were as follows: risk-free interest rate ranging from 0.82% - 1.28%, estimated volatility of 100%, dividend yield of 0%, and expected life of 4.5 years. The share based compensation expense related to the options has been recognized in consolidated financial statements since the grant date and the fair value determined at the initial grant date using Black-Scholes will continue to be amortized over the vesting period. The fair value was determined at the grant date based on the market value of the underlying securities. A summary of the DTRC's stock option activity and related information for the period ended March 31, 2022 under the 2021 Stock Incentive Plan is as follows: Number Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In Years) Aggregate Intrinsic Value Outstanding as of October 15, 2020 2,062,500 $ 0.32 4.13 $ 2,146,000 Options granted 750,000 1.92 4.96 - Options exercised (1,987,500 ) 0.32 - 3,635,688 Outstanding as of March 31, 2021 825,000 $ 1.77 4.86 $ 285,000 Options granted 2,571,250 4.77 Options expired (5,208 ) - Options forfeited/cancelled (41,667 ) 2.63 Outstanding as of March 31, 2022 3,349,375 $ 4.06 4.12 $ 3,166,100 Canceled on acquisition of NCI (3,349,375 ) Outstanding as of March 31, 2022 - - - - A summary of the Company's stock option activity and related information for the period March 31, 2022 is as follows: Number Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In Years) Aggregate Intrinsic Value Outstanding as of March 31, 2021 and 2020 - $ - - $ - Stock options issued on acquisition of NCI 3,349,375 4.06 4.12 3,166,100 Outstanding as of March 31, 2022 3,349,375 $ 4.06 4.12 $ 3,166,100 Options exercisable as of March 31, 2022 1,645,625 $ 3.32 4.04 $ 2,765,200 As of March 31, 2022, the unrecognized compensation cost related to unvested options was $2,480,399, which will be expensed through December 2023. A summary of the Company's options outstanding at March 31, 2022 follows: Number of options Exercise price Remaining life Expiry date (years) 75,000 $ 0.32 2.76 January 1, 2025 718,750 $ 1.92 3.96 March 15, 2026 2,055,625 $ 4.76 4.13 May 17, 2026 200,000 $ 5.09 4.46 September 13, 2026 300,000 $ 4.64 4.56 October 18, 2026 3,349,375 Warrants During the year ended March 31, 2022, in connection with various private placements, the Company issued 252,525 (2021 - 7,363,193) warrants with an exercise price of $2.08 (2021 - $2.08) per warrant. ASC 480, Distinguishing Liabilities from Equity A summary of changes of warrant activities is as follows: Warrants Weighted average Balance, March 31, 2020 - $ - Issued 7,363,193 2.08 Balance, March 31, 2021 7,363,193 $ 2.08 Issued 252,525 2.08 Balance, March 31, 2022 7,615,718 $ 2.08 As of March 31, 2022, all 7,615,718 warrants, all with a remaining life of 3.96 years, expire on March 15, 2026. Restricted Stock Units ("RSU") During the year ended March 31, 2022, the Company issued 1,150,000 RSUs with a fair value of $4.95 per share, vesting on June 4, 2022, to certain directors, employees and consultants to the Company. The stock-based compensation expense related to the RSUs is recognized in consolidated financial statements since the grant date and the fair value determined at the initial grant date will continue to be amortized over the vesting period. The fair value was determined at the grant date based on the closing price of the underlying securities. DTRC recognized stock-based compensation related to the issuance of RSUs totaling $4,585,577 and $0 during the years ended March 31, 2022 and 2021, respectively, of which $415,371 was allocated to exploration costs and $4,170,206 was allocated to administrative expenses based upon the primary activities of the grantees. As of March 31, 2022, the unrecognized compensation cost related to unvested RSUs was $1,068,173, which will be expensed through June 4, 2022. On June 6, 2022, 800,000 RSUs were exercised, with 350,000 remaining unexercised. Bonus Shares Issued by DTRC During the year ended March 31, 2022, DTRC issued 1,450,000 shares of common stock valued at $7,177,500 as bonus shares to directors, employees and consultants of DTRC, with the share-based compensation expense for the bonus shares being allocated as $1,237,500 to exploration costs and $5,940,000 to general and administrative expenses based upon the primary activities of the grantees.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies [Text Block]	NOTE 11 - Commitments and Contingencies The Company may become party to various legal actions that arise in the ordinary course of its business. The Company is also subject to audit by tax and other authorities for varying periods in various federal, state and local jurisdictions, and disputes may arise during the course of these audits. It is impossible to determine the ultimate liabilities that the Company may incur resulting from any of these lawsuits, claims, proceedings, audits, commitments, contingencies and related matters or the timing of these liabilities, if any. If these matters were to ultimately be resolved unfavorably, it is possible that such an outcome could have a material adverse effect upon the Company's consolidated financial position, results of operations, or liquidity. The Company, does not, however, anticipate such an outcome and it believes the ultimate resolution of these matters will not have a material adverse effect on the Company's consolidated financial position, results of operations, or liquidity.

Summary of Accounting Policies

Summary of Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation [Policy Text Block]	Basis of Presentation The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP").
Basis of Consolidation [Policy Text Block]	Basis of Consolidation These consolidated financial statements include the accounts of the Company and its subsidiaries at the end of the reporting periods as follows: Incorporation Percentage owned 2022 2021 DTRC LLC USA 100% 63% JR Resources (Canada) Services Corp. Canada 100% 100% Dakota Gold Holdings LLC USA 100% N/A Dakota Gold (Canada) Services Corp. Canada 100% N/A As discussed in Note 3, in October 2020 the Company acquired control of DTRC and, as such, the results of DTRC have been included in the accompanying financial statements beginning on October 15, 2020. All significant intercompany accounts and transactions between the Company and its subsidiaries have been eliminated upon consolidation.
Non-controlling Interest [Policy Text Block]	Non-controlling Interest Non-controlling interest ("NCI")represents the portion of a subsidiary's earnings and losses and net assets that are not owned by the Company. If losses in a subsidiary applicable to a non-controlling interest exceed the non-controlling interest in the subsidiary's equity, the excess is allocated to the non-controlling interest except to the extent that the majority interest holder has a binding obligation and is able to cover the losses. The Company initially recognizes a non-controlling interest in an asset acquisition on the date of acquisition at its fair value. Subsequent to initial recognition and measurement a non-controlling interest is allocated its share of net income or loss, and its respective share of each component of other comprehensive income of the consolidated subsidiary.
Use of Estimates [Policy Text Block]	Use of Estimates The preparation of the Company's financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Significant items subject to such estimates include, valuation of stock-based compensation, valuation of derivative assets, and impairment of long-lived assets. Actual results could differ from the amounts recorded in these consolidated financial statements.
Foreign Currency [Policy Text Block]	Foreign Currency The financial position and results of operations of the Company's Canadian subsidiaries are measured using the U.S. dollar as the functional currency. Accordingly, there is no translation gain or loss associated with these operations. Transaction gains and losses related to foreign currency monetary assets and liabilities where the functional currency is the U.S. dollar are remeasured at current exchange rates and the resulting adjustments are included in the accompanying consolidated statements of operations.
Cash and Cash Equivalents [Policy Text Block]	Cash and Cash Equivalents The Company considers all highly liquid investments with maturities of three months or less, when purchased, to be cash and cash equivalents. The Company is exposed to credit risk from its deposits of cash in excess of amounts insured by the Federal Deposit Insurance Corporation. The Company has not experienced any losses on its deposits of cash.
Property and Equipment [Policy Text Block]	Property and Equipment Property and equipment consist primarily of land, buildings, office furniture and equipment, and are recorded at cost. Expenditures related to acquiring or extending the useful life of property and equipment are capitalized. Expenditures for repair and maintenance are charged to operations as incurred. Depreciation is computed using the straight-line method over an estimated useful life which ranges from 3-39 years depending upon asset type.
Mineral Rights and Properties [Policy Text Block]	Mineral Rights and Properties The Company has been in the exploration stage since inception and has not yet realized any revenues. All exploration expenditures are expensed as incurred. Costs of acquisition and option costs of mineral rights are capitalized upon acquisition. Mine development costs incurred to develop new ore deposits, to expand the capacity of mines, or to develop mine areas substantially in advance of current production are also capitalized once proven and probable reserves exist and the property is a commercially mineable property. There has been no mine development to date. If the Company determines it will no longer continue with exploration in an area where costs have been capitalized, the directly associated costs will reviewed for impairment. Costs of abandoned projects are charged to mining costs including related property and equipment costs. The Company assesses the possibility of impairment in the carrying value of its long-lived assets (Property and Equipment and Mineral Property Costs) whenever events or circumstances indicate that the carrying amounts of the asset or assets group may not be recoverable. The Company calculates the estimated recoverable amount of the asset or assets based upon expected future undiscounted cash flows. When the carrying value of an asset exceeds the related undiscounted cash flows, the asset is written down to its estimated fair value, which is usually determined using discounted future cash flows or estimated sale value in accordance with Accounting Standards Codification (ASC) 360-10-35-15, Impairment or Disposal of Long-Lived Assets
Fair Value Measurements [Policy Text Block]	Fair Value Measurements The Company accounts for assets and liabilities measured at fair value in accordance with ASC 820, Fair Value Measurements and Disclosures Level 1: Observable inputs that reflect unadjusted quoted prices for identical assets or liabilities traded in active markets. Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3: Inputs that are generally unobservable. These inputs may be used with internally developed methodologies that result in management's best estimate of fair value. The Company's financial instruments consist principally of cash and cash equivalents, accounts payable and accrued liabilities and notes payable. The carrying amounts of such financial instruments in the accompanying financial statements approximate their fair values due to their relatively short-term nature or the underlying terms are consistent with market terms. The Company follows the provisions of Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 820-10 for nonfinancial assets and liabilities measured at fair value on a nonrecurring basis. As it relates to the Company, this applies to certain nonfinancial assets and liabilities acquired in business combinations.
Environmental Costs [Policy Text Block]	Environmental Costs Environmental expenditures that relate to current operations are expensed or capitalized as appropriate. Expenditures that relate to an existing condition caused by past operations, and which do not contribute to current or future revenue, generally are expensed. Liabilities are recorded when environmental assessments and/or remedial efforts are probable, and the cost can be reasonably estimated. Generally, the timing of these accruals coincides with the earlier of the completion of a feasibility study or the Company's commitment to a plan of action based on the then known facts.
Derivative Assets [Policy Text Block]	Derivative Assets The Company estimated the fair value of its derivative asset using the Black-Scholes valuation model, in accordance with the provisions of ASC 815, Derivatives and Hedging
Income Taxes [Policy Text Block]	Income Taxes Income taxes are computed using the asset and liability method, in accordance with ASC 740, Income Taxes The Company recognizes and measures a tax benefit from uncertain tax positions when it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The Company recognizes a liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in a tax return. The Company adjusts these liabilities when its judgement changes as a result of the evaluation of new information not previously available. Due to the complexity of some of these uncertainties, the ultimate resolution may result in a payment that is materially different from the current estimate or future recognition of an unrecognized tax benefit. These differences will be reflected as increases or decreases to income tax expense in the period in which they are determined. The Company recognizes interest and penalties related to unrecognized tax positions within the income tax expense line in the statements of operations.
Basic and Diluted Earnings (Loss) Per Share [Policy Text Block]	Basic and Diluted Earnings (Loss) Per Share The Company computes basic and diluted earnings (loss) per share amounts pursuant to the provisions of ASC 260, Earnings per Share The dilutive effect of outstanding options and warrants is reflected in diluted earnings per share by application of the treasury stock method. The effect of the Company's outstanding options and warrants were excluded for both the years ended March 31, 2022 and 2021, because they were anti-dilutive (see Note 10 for number of options and warrants issued and outstanding during the year).
Stock-Based Compensation [Policy Text Block]	Stock-Based Compensation The Company estimates the fair value of share-based compensation using the Black-Scholes valuation model, in accordance with the provisions of ASC 718, Compensation - Stock Compensation
Recent Accounting Pronouncements [Policy Text Block]	Recent Accounting Pronouncements Pronouncements between March 31, 2022 and the date of this filing are not expected to have a significant impact on the Company's operations, financial position, or cash flow, nor does the Company expect the adoption of recently issued, but not yet effective, accounting pronouncements to have a significant impact on our results of operations, financial position or cash flows.

Summary of Accounting Policie_2

Summary of Accounting Policies (Tables)	12 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Schedule of subsidiaries [Table Text Block]	Incorporation Percentage owned 2022 2021 DTRC LLC USA 100% 63% JR Resources (Canada) Services Corp. Canada 100% 100% Dakota Gold Holdings LLC USA 100% N/A Dakota Gold (Canada) Services Corp. Canada 100% N/A

DTRC Acquisition (Tables)

DTRC Acquisition (Tables)	12 Months Ended
	Mar. 31, 2022
Business Combinations [Abstract]
Schedule of total consideration for acquisition [Table Text Block]	Consideration: Conversion of promissory note $ 1,450,000 Value of convertible feature of promissory note 1,836,667 Cash investment 9,000,000 Value of purchase right 12,339,161 Transaction costs 231,043 $ 24,856,871 Allocated as follows: Cash and cash equivalents $ 9,697,502 Prepaid expenses 14,403 Mineral properties 53,035,706 Property and equipment 8,801 Accounts payable and accrued liabilities (479,794 ) Accounts payable - related party (1,770,234 ) Notes payable - related party (392,652 ) Deferred tax liability (9,811,882 ) Non-controlling interest (25,444,979 ) $ 24,856,871

Non-Controlling Interest (Table

Non-Controlling Interest (Tables)	12 Months Ended
	Mar. 31, 2022
Noncontrolling Interest [Abstract]
Schedule of non-controlling interest [Table Text Block]	Balance, March 31, 2020 $ - Acquisition of DTRC 25,444,979 Payment of cash dividend by DTRC (4,357,246 ) Change in non-controlling interest (1,396,034 ) DTRC common stock issued for investment in mineral property 1,320,000 Stock-based compensation expense 121,385 Debt discount on notes payable - related party 86,026 DTRC common stock issued upon exercise of options 455,000 Net loss attributable to non-controlling interest (490,497 ) Balance, March 31, 2021 $ 21,183,613 DTRC common stock issued 49,515,626 DTRC common stock issued for investment in mineral property 10,380,464 DTRC common stock issued upon conversion of debt 703,647 Stock-based compensation expense 19,592,502 Change in non-controlling interest (34,185,108 ) Net loss attributable to non-controlling interest (13,066,775 ) Issuance of stock for acquisition of NCI (48,799,274 ) Elimination of NCI on acquisition (5,324,695 ) Balance, March 31, 2022 $ -

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of property and equipment [Table Text Block]	Estimated 2022 2021 Land $ 70,000 $ 70,000 Building 39 699,975 503,711 Furniture and equipment 3 to 5 626,133 330,125 1,396,108 903,836 Less accumulated depreciation (167,096 ) (33,092 ) Property and equipment, net $ 1,229,012 $ 870,744

Accounts Payable and Accrued _2

Accounts Payable and Accrued Liabilities (Tables)	12 Months Ended
	Mar. 31, 2022
Accounts Payable and Accrued Liabilities [Abstract]
Schedule of accounts payable and accrued liabilities [Table Text Block]	2022 2021 Trade payables $ 2,051,569 $ 524,512 Accrued liabilities 467,965 321,362 Other 17,620 748 $ 2,537,154 $ 846,622

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of components of income tax expense (benefit) [Table Text Block]	2022 2021 Income tax expense (benefit) computed at federal statutory rates $ (6,579,200 ) $ 5,272,469 Non-taxable gain on derivatives - (5,688,410 ) Non-deductible expenses 28,794 67,148 Non-deductible stock-based compensation - 25,470 Change in valuation allowance 1,810,449 (37,727 ) Unrecognized temporary differences (52,374 ) Other (945,478 ) - Deferred tax benefit $ (5,685,435 ) $ (413,424 )
Schedule of deferred tax assets and liabilities [Table Text Block]	2022 2021 Deferred tax assets: Net operating losses $ 5,228,304 $ 1,502,021 Net capital losses 36,685 36,685 Stock-based compensation 2,607,150 - Deferred exploration costs 1,317,562 - Total 9,189,701 1,538,706 Less: valuation allowance (1,810,449 ) - Total deferred tax assets 7,379,252 1,538,706 Deferred tax liability: Property and equipment (47,383 ) (182,856 ) Mineral properties (11,044,892 ) (10,754,308 ) Total deferred tax liabilities (11,092,275 ) (10,937,164 ) Total deferred taxes $ (3,713,023 ) $ (9,398,458 )

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Mar. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of stock option activity and related information [Table Text Block]	Number Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In Years) Aggregate Intrinsic Value Outstanding as of March 31, 2021 and 2020 - $ - - $ - Stock options issued on acquisition of NCI 3,349,375 4.06 4.12 3,166,100 Outstanding as of March 31, 2022 3,349,375 $ 4.06 4.12 $ 3,166,100 Options exercisable as of March 31, 2022 1,645,625 $ 3.32 4.04 $ 2,765,200
Schedule of options outstanding [Table Text Block]	Number of options Exercise price Remaining life Expiry date (years) 75,000 $ 0.32 2.76 January 1, 2025 718,750 $ 1.92 3.96 March 15, 2026 2,055,625 $ 4.76 4.13 May 17, 2026 200,000 $ 5.09 4.46 September 13, 2026 300,000 $ 4.64 4.56 October 18, 2026 3,349,375
Schedule of changes of warrant activities [Table Text Block]	Warrants Weighted average Balance, March 31, 2020 - $ - Issued 7,363,193 2.08 Balance, March 31, 2021 7,363,193 $ 2.08 Issued 252,525 2.08 Balance, March 31, 2022 7,615,718 $ 2.08
DTRC [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of stock option activity and related information [Table Text Block]	Number Weighted Average Exercise Price Weighted Average Remaining Contractual Life (In Years) Aggregate Intrinsic Value Outstanding as of October 15, 2020 2,062,500 $ 0.32 4.13 $ 2,146,000 Options granted 750,000 1.92 4.96 - Options exercised (1,987,500 ) 0.32 - 3,635,688 Outstanding as of March 31, 2021 825,000 $ 1.77 4.86 $ 285,000 Options granted 2,571,250 4.77 Options expired (5,208 ) - Options forfeited/cancelled (41,667 ) 2.63 Outstanding as of March 31, 2022 3,349,375 $ 4.06 4.12 $ 3,166,100 Canceled on acquisition of NCI (3,349,375 ) Outstanding as of March 31, 2022 - - - -

Organization and Nature of Bu_2

Organization and Nature of Business (Narrative) (Details) - USD ($)		12 Months Ended
	Mar. 08, 2022	Mar. 31, 2022	Mar. 07, 2022	Sep. 10, 2021	Mar. 31, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Entity incorporation, date of incorporation		Nov. 15, 2017
Cash		$ 39,300,000
Working capital surplus		$ 39,335,458
Description of reverse stock split	On March 8, 2022, the Company completed a reverse split of its common stock on a 1 for 0.721512 share basis, par value $0.001 per share (the "Reverse Stock Split"). As a result of the Reverse Stock Split, each share of common stock issued and outstanding was automatically decreased to approximately 0.721512 of a share of issued and outstanding common stock, without any change in the par value per share. All information related to the Company's common stock, warrants and earnings or loss per share were retroactively adjusted to give effect to the Reverse Stock Split for all periods presented. To affect the Reverse Stock Split, on March 8, 2022, the Company filed a certificate of change with the Nevada Secretary of State to decrease the number of authorized shares from 200,000,000 to 144,302,330 shares of common stock, par value of $0.001 per share.
Common stock, shares authorized	144,302,330	144,302,330	200,000,000		144,302,330
Common stock, par or stated value per share	$ 0.001	$ 0.001			$ 0.001
Percentage of outstanding shares of common stock				51%
DTRC's former stockholders [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Percentage of outstanding shares of common stock				49%

Summary of Accounting Policie_3

Summary of Accounting Policies (Narrative) (Details)	12 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Property, Plant and Equipment, Estimated Useful Lives	3-39 years

Summary of Accounting Policie_4

Summary of Accounting Policies - Schedule of subsidiaries (Details)	Mar. 31, 2022	Sep. 10, 2021	Mar. 31, 2021
Financing Receivable, Impaired [Line Items]
Percentage owned		51%
DTRC LLC [Member]
Financing Receivable, Impaired [Line Items]
Percentage owned	100%		63%
JR Resources (Canada) Services Corp. [Member]
Financing Receivable, Impaired [Line Items]
Percentage owned	100%		100%
Dakota Gold Holdings LLC [Member]
Financing Receivable, Impaired [Line Items]
Percentage owned	100%
Dakota Gold (Canada) Services Corp. [Member]
Financing Receivable, Impaired [Line Items]
Percentage owned	100%

DTRC Acquisition (Narrative) (D

DTRC Acquisition (Narrative) (Details) - USD ($)	1 Months Ended				12 Months Ended
	Mar. 31, 2021	Oct. 31, 2020	May 31, 2020	Feb. 29, 2020	Mar. 31, 2022	Mar. 31, 2021
Business Acquisition [Line Items]
Loans to DTRC					$ 0	$ 1,150,000
Gain on derivative assets					$ 0	27,087,667
DTRC [Member]
Business Acquisition [Line Items]
Conversion of promissory note			$ 1,450,000
Loans to DTRC			$ 1,150,000
Advances to DTRC				$ 300,000
Right to purchase number of common shares			35,641,667		35,208,729
Purchase price, per share			$ 0.6		$ 1.39
Percentage of voting interests acquired			64%
Fair value of the purchase right			$ 16,351,772
Risk-free interest rate			0.17%
Estimated volatility			223%
Dividend yield			0%
Expected life			4 months 20 days
Gain on derivative assets					$ 0	$ 25,251,000
DTRC Acqusition - First Closing [Member]
Business Acquisition [Line Items]
Conversion of promissory note		$ 1,450,000
Percentage of voting interests acquired		49.42%
Acquisition of DTRC common stock (Shares)		17,416,667
Aggregate consideration		$ 10,450,000
Cash investment		9,000,000
Value of convertible feature of promissory note		1,836,667
Fair value of purchase right		$ 12,339,161
Option to purchase common stock, shares		18,225,000
Option to purchase common stock, price		$ 10,935,000
Deferred tax liability		$ 9,811,882
DTRC Acquisition - Second and Final Closing [Member]
Business Acquisition [Line Items]
Conversion of promissory note	$ 300,000
Percentage of voting interests acquired	63.42%					63.42%
Acquisition of DTRC common stock (Shares)	18,225,000
Aggregate consideration	$ 10,935,000
Cash investment	$ 10,635,000

DTRC Acquisition - Schedule of

DTRC Acquisition - Schedule of total consideration for acquisition (Details) - DTRC Acqusition - First Closing [Member]	1 Months Ended
	Oct. 31, 2020 USD ($)
Consideration:
Conversion of promissory note	$ 1,450,000
Value of convertible feature of promissory note	1,836,667
Cash investment	9,000,000
Value of purchase right	12,339,161
Transaction costs	231,043
Total Consideration	24,856,871
Allocated as follows:
Cash and cash equivalents	9,697,502
Prepaid expenses	14,403
Mineral properties	53,035,706
Property and equipment	8,801
Accounts payable and accrued liabilities	(479,794)
Accounts payable - related party	(1,770,234)
Notes payable - related party	(392,652)
Deferred tax liability	(9,811,882)
Non-controlling interest	(25,444,979)
Assets Acquired and Liabilities Assumed, Net	$ 24,856,871

Non-Controlling Interest (Narra

Non-Controlling Interest (Narrative) (Details) - USD ($)	1 Months Ended	12 Months Ended
	May 31, 2020	Mar. 31, 2022	Sep. 10, 2021	Mar. 31, 2021	Oct. 31, 2020
Noncontrolling Interest [Line Items]
Percentage owned			51%
DTRC [Member]
Noncontrolling Interest [Line Items]
Percentage owned		100%		63.42%	49.42%
Number of acquisition shares issued	35,641,667	35,208,729
Purchase price, per share	$ 0.6	$ 1.39
Fair value of consideration		$ 48,799,273
Share Capital [Member]
Noncontrolling Interest [Line Items]
Issuance of stock for acquisition of non-controlling interest		35,209
Additional Paid-in Capital [Member]
Noncontrolling Interest [Line Items]
Issuance of stock for acquisition of non-controlling interest		48,764,065
Elimination of non-controlling interest on acquisition		5,324,695
Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Fair value of consideration		54,123,969
Issuance of stock for acquisition of non-controlling interest		(48,799,274)
Elimination of non-controlling interest on acquisition		$ (5,324,695)

Non-Controlling Interest - Sche

Non-Controlling Interest - Schedule of non-controlling interest (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Noncontrolling Interest [Line Items]
Opening balance	$ 21,183,613
Acquisition of DTRC common stock		$ 12,533,140
Payment of cash dividend by DTRC		(4,357,246)
DTRC common stock issued	49,515,626
DTRC common stock issued for investment in mineral property	10,380,464	1,320,000
DTRC common stock issued upon conversion of debt	703,647
Stock-based compensation expense	19,592,502	121,385
Debt discount on notes payable - related party		86,026
Common stock issued upon exercise of stock options		455,000
Net loss attributable to non-controlling interest	(13,066,775)	(490,497)
Ending balance	0	21,183,613
Noncontrolling Interest [Member]
Noncontrolling Interest [Line Items]
Opening balance	21,183,613	0
Acquisition of DTRC common stock		25,444,979
Payment of cash dividend by DTRC		(4,357,246)
DTRC common stock issued	49,515,626
DTRC common stock issued for investment in mineral property	10,380,464	1,320,000
DTRC common stock issued upon conversion of debt	703,647
Stock-based compensation expense	19,592,502	121,385
Debt discount on notes payable - related party		86,026
Change in non-controlling interest	(34,185,108)	(1,396,034)
Common stock issued upon exercise of stock options		455,000
Net loss attributable to non-controlling interest	(13,066,775)	(490,497)
Issuance of stock for acquisition of NCI	(48,799,274)
Elimination of NCI on acquisition	(5,324,695)
Ending balance	$ 0	$ 21,183,613

Mineral Rights and Properties (

Mineral Rights and Properties (Narrative) (Details)			1 Months Ended	12 Months Ended
	Oct. 14, 2021 USD ($) a shares	Sep. 07, 2021 USD ($) a shares	Oct. 26, 2020 USD ($) $ / shares shares	Mar. 31, 2022 USD ($) a	Mar. 31, 2021 USD ($)
Property, Plant and Equipment [Line Items]
Area of land | a				43,971
Payment to purchase mineral property				$ 8,650,700	$ 12,807,130
DTRC common stock issued for investment in mineral property				10,380,464	1,320,000
Mineral properties				$ 76,962,958	$ 57,931,794
Richmond Hill Property [Member]
Property, Plant and Equipment [Line Items]
Area of land | a				2,126
Surface Rights And Certain Residual Facilities [Member]
Property, Plant and Equipment [Line Items]
Area of land | a				3,201
Homestake Gold Mine [Member]
Property, Plant and Equipment [Line Items]
Area of land | a				4,261
Nine Brownfield Project Areas [Member]
Property, Plant and Equipment [Line Items]
Unpatented claims held				$ 1,905
Area of land | a				32,256
Barrick Gold Corporation [Member] | Maitland Gold Property [Member]
Property, Plant and Equipment [Line Items]
DTRC common stock issued for investment in mineral property			$ 3,500,000
Stock issued during period, shares, purchase of assets | shares			750,000
Issued price per share | $ / shares			$ 1.76
Asset acquisition, consideration transferred			$ 4,820,000
Percentage of net smelter return royalty owned			2.50%
Barrick Gold Corporation [Member] | Richmond Hill Property [Member]
Property, Plant and Equipment [Line Items]
Area of land | a	2,126
DTRC common stock issued for investment in mineral property	$ 1,816,000
Stock issued during period, shares, purchase of assets | shares	400,000
Asset acquisition, consideration transferred	$ 100,000
Additional shares to be issued upon exercise of option | shares	400,000
Percentage of net smelter return royalty owned	1%
Barrick Gold Corporation [Member] | Surface Rights And Certain Residual Facilities [Member]
Property, Plant and Equipment [Line Items]
Area of land | a		4,261
Payment to purchase mineral property		$ 1,300,000
DTRC common stock issued for investment in mineral property		$ 4,850,000
Stock issued during period, shares, purchase of assets | shares		1,000,000
Asset acquisition, consideration transferred		$ 300,000
Additional shares to be issued upon exercise of option | shares		3,000,000
Percentage of net smelter return royalty owned		2.50%

Property and Equipment (Narrati

Property and Equipment (Narrative) (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 134,004	$ 17,306

Property and Equipment - Schedu

Property and Equipment - Schedule of property and equipment (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,396,108	$ 903,836
Less accumulated depreciation	(167,096)	(33,092)
Property and equipment, net	1,229,012	870,744
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 70,000	70,000
Building [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life (Years)	39 years
Property, plant and equipment, gross	$ 699,975	503,711
Furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 626,133	$ 330,125
Furniture and equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life (Years)	3 years
Furniture and equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life (Years)	5 years

Accounts Payable and Accrued _3

Accounts Payable and Accrued Liabilities - Schedule of accounts payable and accrued liabilities (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Accounts Payable and Accrued Liabilities [Abstract]
Trade payables	$ 2,051,569	$ 524,512
Accrued liabilities	467,965	321,362
Other	17,620	748
Accounts Payable and Accrued Liabilities	$ 2,537,154	$ 846,622

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($)		1 Months Ended						12 Months Ended
	Jun. 01, 2020	Aug. 31, 2021	Jul. 31, 2021	Dec. 31, 2020	Oct. 31, 2020	Jun. 30, 2020	Oct. 31, 2005	Mar. 31, 2022	Mar. 31, 2021	Feb. 29, 2012
Related Party Transaction [Line Items]
Loss on settlement of debt								$ 124,521	$ 0
Mr. Gerald Aberle [Member] | Jerikodie Inc. [Member]
Related Party Transaction [Line Items]
Consulting fee per month										$ 9,000
Payment to related party					$ 200,000
Owed to related party					729,500
Note payable issued					$ 529,500
Interest rate					0.25%
Repayments of debt	$ 376,550
Number of shares issued	45,563
Settled debt amount	$ 529,544
Loss on settlement of debt	$ 92,045
Consulting fees								66,000	108,000
Related party costs								56,000	37,000
Net smelter royalty								$ 25,000
Mr. Richard Bachman [Member]
Related Party Transaction [Line Items]
Payment to related party					$ 200,000
Note payable issued					$ 1,055,310
Interest rate					0.25%
Repayments of debt				$ 145,000
Unsecured loans					$ 795,500		$ 305,145
Accrued interest						$ 6,095
Repayments of unsecured debt						$ 40,145
Mr. Richard Bachman [Member] | Minimum [Member]
Related Party Transaction [Line Items]
Interest rate								3%
Mr. Richard Bachman [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Interest rate								4%
Mr. Richard Bachman [Member] | Minera Teles Pires Inc [Member]
Related Party Transaction [Line Items]
Consulting fee per month							10,000
Repayments of debt			$ 425,165
Number of shares issued			99,049
Office rent and expenses							1,500
Consulting fee cash payment							5,000
Consulting fee deferred amount							$ 5,000
Note payable			$ 872,578
Loss on settlement of debt			$ 32,476
WCM Associates, LP [Member]
Related Party Transaction [Line Items]
Note payable issued					$ 123,000
Interest rate					0.25%
Consulting fees								$ 6,000	$ 36,000
Messrs. Aberle and Bachman [Member]
Related Party Transaction [Line Items]
Percentage of net smelter return royalty owned								5%
Extinguishment of royalty		$ 25,000

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	Mar. 31, 2022 USD ($)
Period Of Operating Loss Carry Forward [Line Items]
Net operating loss carry forward	$ 25,000,000
Unrecognized deferred tax asset	9,000,000
Expire in 2027 [Member]
Period Of Operating Loss Carry Forward [Line Items]
Net operating loss carry forward	$ 9,722,000

Income Taxes - Schedule of comp

Income Taxes - Schedule of components of income tax expense (benefit) (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Income tax expense (benefit) computed at federal statutory rates	$ (6,579,200)	$ 5,272,469
Non-taxable gain on derivatives	0	(5,688,410)
Non-deductible expenses	28,794	67,148
Non-deductible stock-based compensation	0	25,470
Change in valuation allowance	1,810,449	(37,727)
Unrecognized temporary differences		(52,374)
Other	(945,478)	0
Deferred tax benefit	$ (5,685,435)	$ (413,424)

Income Taxes - Schedule of defe

Income Taxes - Schedule of deferred tax assets and liabilities (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Deferred tax assets:
Net operating losses	$ 5,228,304	$ 1,502,021
Net capital losses	36,685	36,685
Stock-based compensation	2,607,150	0
Deferred exploration costs	1,317,562	0
Total	9,189,701	1,538,706
Less: valuation allowance	(1,810,449)	0
Total deferred tax assets	7,379,252	1,538,706
Deferred tax liability:
Property and equipment	(47,383)	(182,856)
Mineral properties	(11,044,892)	(10,754,308)
Total deferred tax liabilities	(11,092,275)	(10,937,164)
Total deferred taxes	$ (3,713,023)	$ (9,398,458)

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($)			1 Months Ended		6 Months Ended	12 Months Ended
	Aug. 02, 2021	Nov. 13, 2020	Jul. 21, 2021	Jun. 23, 2021	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Mar. 08, 2022	Mar. 07, 2022	Mar. 11, 2021	Mar. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, shares authorized					144,302,330	144,302,330	144,302,330	144,302,330	200,000,000
Common stock, par or stated value per share					$ 0.001	$ 0.001	$ 0.001	$ 0.001
Common stock issued for cash						$ 49,515,626	$ 22,563,570
Proceeds from sale of common stock						49,515,626	0
Common stock issued upon exercise of stock options							455,000
Cash received from issuance of shares						318,572	$ 22,563,570
Unrecognized compensation cost related to unvested options						$ 2,480,399
Private Placement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of units issued						505,050	14,722,397
Total number of units issued							14,722,347
Weighted average price of units issued						$ 1.39	$ 1.39
Proceeds from units issued						$ 700,000	$ 20,405,269
Number of warrants issued						252,525	7,361,199
Term of warrants							5 years
Units issuance costs						$ 381,428
Number of common shares issued						11,166,161	5,632,508
Weighted average price of common stock issued					$ 0.38		$ 0.38
Proceeds from sale of common stock						$ 50,247,725	$ 2,126,387
Number of common stock purchased						50,000
Common stock issuance costs							$ 94,839
Warrants issued, weighted average exercise price						$ 2.08	$ 2.08
DTRC [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common shares issued					17,725,000
Common stock issued for cash					$ 10,635,000
Common stock issued for investment in mineral properties (Shares)					750,000	2,160,239
Common stock issued for investment in mineral properties					$ 1,320,000	$ 10,380,464
Number of common shares issued in settlement of debt						144,612
Value of common shares issued in settlement of debt						$ 703,647
Number of common shares issued pursuant to RSU plan						1,450,000
Value of common shares issued pursuant to RSU plan						$ 7,177,500
Common stock issued upon exercise of options (Shares)					1,437,500
Common stock issued upon exercise of stock options					$ 455,000
Cashless exercise of stock options and warrants (Shares)					501,467
Common stock issued upon conversion of debt (Shares)					500,000
Common stock issued upon conversion of debt					$ 300,000
Special cash dividend, per common share		$ 0.22
Dividends, Cash		$ 4,357,246
Number of share options granted						2,571,250
Weighted average exercise price of share options granted						$ 4.77
Stock-based compensation expense						$ 7,829,425
Weighted average grant date fair value of options						$ 2.9
Risk-free interest rate, minimum						0.82%
Risk-free interest rate, maximum						1.28%
Estimated volatility						100%
Dividend yield						0%
Expected life						4 years 6 months
Issuance of stock based compensation restricted stock units						$ 4,585,577	$ 0
DTRC [Member] | Initial tranche of a non-brokered private placement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common shares issued				2,311,000
Weighted average price of common stock issued				$ 4.5
Proceeds from sale of common stock				$ 10,399,500
Common stock issuance costs						$ 732,099
DTRC [Member] | Second tranche of the non-brokered private placement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common shares issued			8,734,611
Weighted average price of common stock issued			$ 4.5
Proceeds from sale of common stock			$ 39,305,750
DTRC [Member] | Final tranche of private placement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common shares issued	120,550
Weighted average price of common stock issued	$ 4.5
Proceeds from sale of common stock	$ 542,475
DTRC [Member] | 2021 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock issued upon exercise of options (Shares)					1,987,500
Common stock purchase options available for award										6,250,000
Shares remaining available for future grants						1,750,625
Number of share options granted					750,000	2,571,250
Weighted average exercise price of share options granted					$ 1.92	$ 4.77
DTRC [Member] | 2022 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock purchase options available for award						6,250,000
Shares remaining available for future grants						1,750,625
Term of options						5 years
Vesting period						2 years
DTRC [Member] | Exploration Costs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense						$ 1,444,497
DTRC [Member] | General and Administrative Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense						$ 6,384,928	$ 124,706
DTRC [Member] | Directors, employees and consultants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Bonus shares issued to directors, employees and consultants (Shares)						1,450,000
Bonus shares issued to directors, employees and consultants						$ 7,177,500
DTRC [Member] | Directors, employees and consultants [Member] | Exploration Costs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense						1,237,500
DTRC [Member] | Directors, employees and consultants [Member] | General and Administrative Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense						$ 5,940,000
Warrants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants issued						252,525	7,363,193
Warrants issued, weighted average exercise price						$ 2.08	$ 2.08
Number of warrants outstanding					7,363,193	7,615,718	7,363,193				0
Class of warrant, outstanding remaining life						3 years 11 months 15 days
Class of warrants, outstanding expiry date						Mar. 15, 2026
Restricted Stock Units ("RSU") [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value of options						$ 4.95
Number of Restricted stock units issued						1,150,000
Vesting period of restricted stock units						Jun. 04, 2022
Unrecognized compensation cost to unvested RSUs						$ 1,068,173
Number of restricted stock unit exercised						800,000
Number of restricted stock unit unexercised						350,000
Restricted Stock Units ("RSU") [Member] | Exploration Costs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense						$ 415,371
Restricted Stock Units ("RSU") [Member] | General and Administrative Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense						$ 4,170,206

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of DTRC's stock option activity and related information (Details) - USD ($)		6 Months Ended	12 Months Ended
	Oct. 15, 2020	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, beginning of period			0	0
Weighted average exercise price at beginning of period			$ 0	$ 0
Aggregate intrinsic value, beginning balance			$ 0	$ 0
Number of share options outstanding at end of period		0	3,349,375	0
Weighted average exercise price at end of period		$ 0	$ 4.06	$ 0
Options outstanding, weighted average remaining contractual life (in years)			4 years 1 month 13 days	4 years 1 month 13 days
Options outstanding, aggregate intrinsic value, ending balance		$ 0	$ 3,166,100	$ 0
DTRC [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted			2,571,250
Weighted average exercise price of share options granted			$ 4.77
Options exercised		(1,437,500)
DTRC [Member] | 2021 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, beginning of period		2,062,500	825,000
Weighted average exercise price at beginning of period		$ 0.32	$ 1.77
Aggregate intrinsic value, beginning balance		$ 2,146,000	$ 285,000
Options granted		750,000	2,571,250
Weighted average exercise price of share options granted		$ 1.92	$ 4.77
Weighted average remaining contractual life of options granted		4 years 11 months 15 days
Options exercised		(1,987,500)
Weighted average exercise price of share options exercised		$ 0.32
Aggregate intrinsic value of options exercised		$ 3,635,688
Options expired			(5,208)
Options forfeited/cancelled			(41,667)
Weighted average exercise price of share options forfeited/cancelled			$ 2.63
Canceled on acquisition of NCI			(3,349,375)
Number of share options outstanding at end of period	2,062,500	825,000	3,349,375	825,000
Weighted average exercise price at end of period	$ 0.32	$ 1.77	$ 4.06	$ 1.77
Options outstanding, weighted average remaining contractual life (in years)	4 years 1 month 17 days	4 years 10 months 9 days	4 years 1 month 13 days
Options outstanding, aggregate intrinsic value, ending balance	$ 2,146,000	$ 285,000	$ 3,166,100	$ 285,000

Stockholders' Equity - Schedu_2

Stockholders' Equity - Schedule of stock option activity and related information (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Share-based Payment Arrangement [Abstract]
Options outstanding, beginning of period	0	0
Weighted average exercise price at beginning of period	$ 0	$ 0
Options outstanding, weighted average remaining contractual life (in years)	4 years 1 month 13 days	4 years 1 month 13 days
Aggregate intrinsic value, beginning balance	$ 0	$ 0
Number of stock options issued on acquisition of NCI	$ 3,349,375
Weighted average exercise price of stock options issued on acquisition of NCI in share-based payment arrangement	$ 4.06
Stock options issued on acquisition of NCI, Weighted Average Remaining Contractual Life	4 years 1 month 13 days
Stock options issued on acquisition of NCI, Aggregate Intrinsic Value	$ 3,166,100
Number of share options outstanding at end of period	3,349,375	0
Weighted average exercise price at end of period	$ 4.06	$ 0
Options outstanding, aggregate intrinsic value, ending balance	$ 3,166,100	$ 0
Number of options exercisable	1,645,625
Weighted average exercise price of options exercisable	$ 3.32
Options exercisable, weighted average remaining contractual life (in years)	4 years 14 days
Options exercisable, aggregate intrinsic value, ending balance	$ 2,765,200

Stockholders' Equity - Schedu_3

Stockholders' Equity - Schedule of options outstanding (Details) - $ / shares	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options	3,349,375	0	0
Exercise price	$ 4.06	$ 0	$ 0
Options Outstanding 1 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options	75,000
Exercise price	$ 0.32
Remaining life (years)	2 years 9 months 3 days
Expiry date	Jan. 01, 2025
Options Outstanding 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options	718,750
Exercise price	$ 1.92
Remaining life (years)	3 years 11 months 15 days
Expiry date	Mar. 15, 2026
Options Outstanding 3 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options	2,055,625
Exercise price	$ 4.76
Remaining life (years)	4 years 1 month 17 days
Expiry date	May 17, 2026
Options Outstanding 4 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options	200,000
Exercise price	$ 5.09
Remaining life (years)	4 years 5 months 15 days
Expiry date	Sep. 13, 2026
Options Outstanding 5 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options	300,000
Exercise price	$ 4.64
Remaining life (years)	4 years 6 months 21 days
Expiry date	Oct. 18, 2026

Stockholders' Equity - Schedu_4

Stockholders' Equity - Schedule of warrant activity (Details) - Warrants [Member] - $ / shares	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants outstanding, beginning of period	7,363,193	0
Warrants outstanding, weighted average exercise price, beginning of period	$ 2.08	$ 0
Warrants issued	252,525	7,363,193
Warrants issued, weighted average exercise price	$ 2.08	$ 2.08
Warrants outstanding, end of period	7,615,718	7,363,193
Warrants outstanding, weighted average exercise price, end of period	$ 2.08	$ 2.08