v3.21.2

Condensed Interim Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2020	Dec. 31, 2019
Operating Expenses
Consulting and professional fees (Note 12)	$ 23,557	$ 37,385	$ 67,381	$ 114,887
Exploration (Note 6)		12,061		47,574
Foreign exchange	5,173	2,936	14,391	5,677
Office and administration fees	6,043	2,796	25,976	24,316
Total Operating Expenses	(34,773)	(55,178)	(107,748)	(192,454)
Other Expenses
Interest expenses (Note 10)	(1,706)	(1,890)	(4,096)	(2,516)
Loss on investment in warrants		(2,156)		(23,010)
Accretion (Note 10)	(15,763)	(27,615)	(34,154)	(44,403)
Default penalties (7, 10)	15,340		50,340
Debt issuance cost – cash (Note 10)			(6,800)	(10,000)
Unrealized gain (loss) on investment in common shares (Note 4)	(61,107)	1,283	23,994	(30,554)
Net Loss and Comprehensive Loss for the Period	$ (128,689)	$ (85,556)	$ (179,144)	$ (302,937)
Loss Per Common Share (in Dollars per share)	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Weighted Average Number of Shares Outstanding – Basic and diluted (in Shares)	264,541,664	143,172,664	245,511,199	142,999,573

Amount recognized for the passage of time, typically for liabilities, that have been discounted to their net present values. Excludes accretion associated with asset retirement obligation.

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Exploration expenses (including prospecting) related to oil and gas producing entities and would be included in operating expenses of that entity. Costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property (sometimes referred to in part as prospecting costs) and after acquiring the property. Principal types of exploration costs, which include depreciation and applicable operating costs of support equipment and facilities and other costs of exploration activities, are: (i) Costs of topographical, geographical and geophysical studies, rights of access to properties to conduct those studies, and salaries and other expenses of geologists, geophysical crews, and others conducting those studies. Collectively, these are sometimes referred to as geological and geophysical or "G&G" costs. (ii) Costs of carrying and retaining undeveloped properties, such as delay rentals, ad valorem taxes on properties, legal costs for title defense, and the maintenance of land and lease records. (iii) Dry hole contributions and bottom hole contributions. (iv) Costs of drilling and equipping exploratory wells. (v) Costs of drilling exploratory-type stratigraphic test wells.

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