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Income Taxes (Tables)
12 Months Ended
Jun. 30, 2018
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, 2018 and 2017 are as follows:

 

United States

 

2018

 

 

2017

 

Mineral properties

 

$

166,476

 

 

$

(248,008

)

Asset retirement obligation

 

 

225,236

 

 

 

428,572

 

Stock options

 

 

264,898

 

 

 

404,628

 

Net operating losses

 

 

8,042,088

 

 

 

9,826,149

 

 

 

$

8,698,698

 

 

$

10,411,341

 

Valuation allowance

 

 

(8,698,698

)

 

 

(10,411,341

)

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:

 

 

 

2018

 

 

2017

 

Income (Loss) before taxes

 

$

(6,068,154

)

 

$

(7,555,020

)

US Statutory tax rate

 

 

21.00

%

 

 

34.00

%

Expected income tax (recovery)

 

 

(1,274,312

)

 

 

(2,568,707

)

Non-deductible items

 

 

78

 

 

 

171

 

Change in estimates

 

 

(1,609,037

)

 

 

(1,866,223

)

Change in tax rates

 

 

4,596,096

 

 

 

 

Change in valuation allowance

 

 

(1,712,825

)

 

 

1,219,341

 

Total income taxes (recovery)

 

$

 

 

$

(3,215,418

)

Current tax expense (recovery)

 

 

 

 

 

 

Deferred tax expense (recovery)

 

 

 

 

 

(3,215,418

)

 

 

$

 

 

$