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Consolidated Balance Sheets - USD ($)
Jun. 30, 2021
Jun. 30, 2020
Current Assets    
Cash and cash equivalents $ 3,113,064 $ 5,434,081
Prepaid expenses and deposits 1,152,396 442,596
Total Current Assets 4,265,460 5,876,677
Non-Current Assets    
Mineral properties (Note 7) 49,197,704 47,333,313
Property and equipment 5,959 8,467
Reclamation bond (Note 8) 533,703 695,041
Total Non-Current Assets 49,737,366 48,036,821
Total Assets 54,002,826 53,913,498
Current Liabilities    
Accounts payable and accrued liabilities 638,950 925,260
Reclamation and environmental obligation, current portion (Note 8) 310,022 154,231
Total Current Liabilities 948,972 1,079,491
Non-Current Liabilities    
Convertible debt (Note 6) 4,161,502 5,256,228
Promissory note (Note 6)   35,628
Reclamation and environmental obligation, non-current portion (Note 8) 1,539,622 460,939
Total Non-Current Liabilities 5,701,124 5,752,795
Total Liabilities 6,650,096 6,832,286
Stockholders' Equity    
Common stock, par value $0.01, 200,000,000 authorized shares, 38,154,109 issued and outstanding at June 30, 2021 and 50,000,000 authorized shares, 32,958,404 issued and outstanding at June 30, 2020 (Note 5) 381,542 329,584
Additional paid in capital 107,005,135 100,881,957
Deficit (60,033,947) (54,130,329)
Total Stockholders' Equity 47,352,730 47,081,212
Total Liabilities and Stockholders' Equity $ 54,002,826 $ 53,913,498