Consolidated Balance Sheets - USD ($)	Sep. 30, 2016	Jun. 30, 2016
Current assets:
Cash	$ 212,874	$ 382,054
Prepaid expenses and advances	10,486	9,169
Total current assets	223,360	391,223
Equity investment in Minera Li	6,714,217	6,779,337
Total non-current assets	6,714,217	6,779,337
Total assets	6,937,577	7,170,560
Current liabilities:
Accounts payable	335,582	360,979
Accrued expenses	408,321	306,861
Common stock payable	236,678	236,678
Notes payable	200,000	200,000
Convertible notes payable, net of discount of $249,469 and $349,081 respectively	275,531	175,919
Total current liabilities	1,456,112	1,280,437
Long-term notes payable to MSB	454,901	454,901
Total non-current liabilities	454,901	454,901
Total liabilities	1,911,013	1,735,338
Commitments and contingencies
Common stock subject to rescission, 65,000 shares issued and outstanding	3,041	3,041
Stockholders’ Equity:
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding	0	0
Common stock, $0.001 par value, 990,000,000 shares authorized; 495,153,347 shares issued and outstanding	495,153	495,153
Additional paid-in capital	72,511,626	72,511,626
Accumulated deficit	(67,983,256)	(67,574,598)
Total stockholders' equity	5,023,523	5,432,181
Total liabilities and stockholders' equity	$ 6,937,577	$ 7,170,560