RISK MANAGEMENT AND FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Jun. 30, 2015

RISK MANAGEMENT AND FINANCIAL INSTRUMENTS [Abstract]

Maximum exposure to credit risk with respect to cash

Concentration of credit risk exists with respect to the Company’s cash, as certain amounts are held at US and Canadian financial institutions. The Company's cash are as follows at June 30, 2015 and 2014:

	June 30, 2015		June 30, 2014
Cash (US institution)	$	116,655	$	193,782
Cash (CDN institution)		652		5,995
	$	117,307	$	199,777