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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (4,779,866) $ (4,771,130)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 1,623,323 1,530,967
Loss from equity investment in Peak Gold, LLC 2,700,000 2,790,000
Changes in operating assets and liabilities:    
Decrease in prepaid expenses and other 10,763 49,007
Decrease in accounts payable and accrued liabilities (100,037) (191,417)
Net cash used in operating activities (545,817) (592,573)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash invested in Peak Gold, LLC (2,700,000) (2,790,000)
Net cash used in investing activities (2,700,000) (2,790,000)
NET DECREASE IN CASH AND CASH EQUIVALENTS (3,245,817) (3,382,573)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 8,600,658 13,810,805
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 5,354,841 $ 10,428,232