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Income Taxes (Tables)
12 Months Ended
Jun. 30, 2023
Income Tax Disclosure [Abstract]  
Schedule of Company's Deferred Tax Asset (Liability) The tax effects of the significant components within the Company’s deferred tax asset (liability) at June 30, 2023 and 2022 are as follows:

United States

 

2023

 

 

2022

 

Mineral properties

 

$

(571,685

)

 

$

(525,623

)

Asset retirement obligation

 

 

931,750

 

 

 

939,807

 

Fixed assets

 

 

805

 

 

 

204

 

Stock options

 

 

613,880

 

 

 

540,381

 

Other

 

 

2,100

 

 

 

 

Net operating losses

 

 

14,408,273

 

 

 

13,060,479

 

 

 

$

15,385,123

 

 

$

14,015,248

 

Valuation allowance

 

 

(15,625,166

)

 

 

(14,292,875

)

Mineral properties

 

$

(240,043

)

 

$

(277,627

)

Net deferred tax asset

 

$

 

 

$

 

 

Schedule of Income Tax Recovery Differs from Amounts Computed by Applying Statutory Tax to Pre-tax Losses

The income tax recovery differs from the amounts computed by applying statutory tax to pre-tax losses as a result of the following:

 

 

2023

 

 

2022

 

Loss before taxes

 

$

(6,488,115

)

 

$

(7,559,689

)

US Statutory tax rate

 

 

21.00

%

 

 

21.00

%

Expected income recovery

 

 

(1,362,504

)

 

 

(1,587,535

)

Non-deductible items

 

 

309

 

 

 

164

 

Change in estimates

 

 

(4,249

)

 

 

(1,094,670

)

Other items

 

 

 

 

 

 

Change in tax rates

 

 

 

 

 

 

Change in valuation allowance

 

 

1,328,860

 

 

 

2,959,667

 

Total income taxes (recovery)

 

 

(37,584

)

 

$

277,627

 

Current tax expense (recovery)

 

 

 

 

 

 

Deferred tax expense (recovery)

 

 

(37,584

)

 

 

277,627

 

 

 

$

 

 

$