XML 46 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Income Statement    
REVENUE
OPERATING EXPENSES    
Exploration expenses $ 25,648
Research and development $ 45,601
Office and general $ 31,317 121,556
Stock based compensation 87,313
Management fees $ 93,750 122,900
Consulting fees 29,968 131,935
Professional fees 28,486 43,897
OPERATING LOSS $ (209,169) $ (553,202)
OTHER EXPENSE    
Interest Expense
Change in the fair value of warranty liability $ (19,845) $ (168,921)
NET LOSS $ (229,014) $ (722,123)
NET LOSS PER COMMON SHARE - BASIC $ (0.01) $ (0.01)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING- BASIC 96,083,348 85,945,025