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Mineral Properties
3 Months Ended
Sep. 30, 2017
Mineral Industries Disclosures [Abstract]  
Mineral Properties

Note 7. Mineral Properties

The Company has capitalized acquisition costs on mineral properties as follows:

 

 

 

September 30, 2017

 

 

June 30, 2017

 

Sleeper

 

$

25,674,658

 

 

$

25,674,658

 

Grassy Mountain

 

 

20,785,728

 

 

 

20,785,728

 

 

 

$

46,460,386

 

 

$

46,460,386

 

 

Sleeper:

Sleeper is located in Humbolt County, Nevada approximately 26 miles northwest of the town of Winnemucca.  The Sleeper Gold Mine consists of 2,322 unpatented mining claims totaling approximately 38,300 acres.

Grassy Mountain:

The Grassy Mountain Project is located in Malheur County, Oregon, approximately 22 miles south of Vale, Oregon, and roughly 70 miles west of Boise, Idaho. It consists of 418 unpatented lode claims, 3 patented lode claims, 9 mill site claims, 6 association placer claims, and various leased fee land surface and surface/mineral rights, all totaling approximately 9,300 acres.