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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net loss $ (408,658) $ (458,254)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of convertible debt discount 99,612 0
Loss from Minera Li equity investment 65,120 213,384
Stock-based compensation 0 176
Change in fair value of derivative liabilities 0 49,380
Loss (gain) on foreign currency transactions 2,221 (6,414)
Changes in operating assets and liabilities:    
Decrease (increase) in prepaid expenses and advances (1,317) 5,294
Accretion of interest income on MSB receivable 0 (945)
Increase (decrease) in accounts payable (27,618) 82,805
Increase in accrued expenses 101,460 94,879
Net cash used in operating activities (169,180) (19,695)
Cash flows from financing activities    
Proceeds from notes payable - Directors 0 15,000
Net cash provided by financing activities 0 15,000
Net decrease in cash (169,180) (4,695)
Cash at beginning of the period 382,054 6,217
Cash at end of the period 212,874 1,522
Supplemental disclosure of cash flow information:    
Income taxes 0 0
Interest 0 0
Non-cash financing transactions:    
Settlement of accrued liabilities through issuance of stock $ 0 $ 68,500