CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Jun. 30, 2014
CURRENT ASSETS
Cash and cash equivalents	$ 1,354,800	$ 1,215,600
Accounts receivable - trade, net	87,300	96,800
Other receivables - related party	4,200	9,200
Note receivable, current - related party	245,000	300,000
Marketable securities	230,000	560,100
Prepaid expenses and other current assets	240,100	212,700
Total current assets	2,161,400	2,394,400
LAND, PROPERTY AND EQUIPMENT, NET	4,281,200	4,163,000
OTHER ASSETS
Note receivable, long-term - related party	124,000	109,000
Trust account - asset retirement obligation	53,400	48,700
Prepaid royalties, long-term		50,000
TOTAL ASSETS	6,620,000	6,765,100
CURRENT LIABILITIES
Accounts payable and accrued expenses	416,800	278,000
Contingent payments, current	50,000	50,000
Total current liabilities	466,800	328,000
LONG-TERM LIABILITIES
Contingent payments, long-term	1,130,300	1,138,300
Asset retirement obligation, long-term	423,700	423,700
TOTAL LIABILITIES	2,020,800	1,890,000
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY
Preferred Stock - no shares issued or outstanding
Class A - 75,000,000 no par shares authorized, 4,962,500 shares issued and outstanding at September 30, 2014 and June 30, 2014	109,106,800	109,106,800
Common Stock Class B - 25,000,000 no par shares authorized, none issued or outstanding
Accumulated Other Comprehensive Income	23,500	121,200
Accumulated Deficit	(104,531,100)	(104,352,900)
Total shareholders' equity	4,599,200	4,875,100
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	$ 6,620,000	$ 6,765,100