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Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Jun. 30, 2016
Current Assets    
Cash and cash equivalents $ 1,911,170 $ 5,874,258
Prepaid and deposits 213,608 175,383
Accounts receivable 15,804  
Promissory note receivable   808,187
Other assets   561,997
Prepaid insurance, current portion   24,517
Total Current Assets 2,140,582 7,444,342
Non-Current Assets    
Mineral Properties (Note 7) 46,460,386 25,674,658
Property and equipment 12,659 14,896
Reclamation bond (Note 8) 2,086,562 2,350,131
Total Non-Current Assets 48,559,607 28,039,685
Total Assets 50,700,189 35,484,027
Current Liabilities    
Accounts payable and accrued liabilities 873,127 175,801
Reclamation and environmental obligation, current portion (Note 8) 216,101 384,099
Total Current Liabilities 1,089,228 559,900
Non-Current Liabilities    
Reclamation and environmental obligation, non-current portion (Note 8) 1,044,933 1,017,940
Total Liabilities 2,134,161 1,577,840
Stockholders' Equity    
Common stock, par value $0.01, 50,000,000 authorized shares, 17,779,954 and 8,518,791 issued and outstanding at June 30, 2017 and 2016 177,800 85,188
Additional paid in capital 84,050,214 65,143,383
Deficit (35,661,986) (31,322,384)
Total Stockholders' Equity 48,566,028 33,906,187
Total Liabilities and Stockholders' Equity $ 50,700,189 $ 35,484,027