Note 11 - Property & Equipment

9 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

       11.  Property & Equipment

The table below sets forth the book value by type of fixed asset as well as the estimated useful life:

Asset Type	Estimated Useful Life	March 31, 2023			June 30, 2022
Mineral properties	N/A - Units of Production	$	11,700,726		$	11,700,007
Land	Not Depreciated		87,737			87,737
Buildings and improvements	20-39 years		1,455,546			1,455,546
Machinery and equipment	3 - 10 years		287,635			287,635
Vehicles	5 years		135,862			135,862
Computer and office equipment	5 years		16,239			16,239
Furniture & fixtures	5 years		2,270			2,270
Less: Accumulated depreciation and amortization			(158,383	)		(55,740	)
Less: Accumulated impairment			(115,025	)		(115,025	)
Property & Equipment, net		$	13,412,607		$	13,514,531