XML 24 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
EXPENSES:        
General and administrative expense $ (1,103,750) $ (808,344) $ (2,097,183) $ (1,476,980)
Total expenses (1,103,750) (808,344) (2,097,183) (1,476,980)
OTHER INCOME/(EXPENSE):        
Interest income 58,020 116,053
Loss from equity investment in Peak Gold, LLC (Note 4) (840,000) (2,790,000)
NET LOSS $ (1,885,730) $ (808,344) $ (4,771,130) $ (1,476,980)
LOSS PER SHARE        
Basic and diluted (in dollars per share) $ (0.30) $ (0.14) $ (0.77) $ (0.28)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
Basic and diluted (in shares) 6,260,796 5,650,321 6,209,042 5,289,934