XML 53 R32.htm IDEA: XBRL DOCUMENT v3.20.1
Note 8 - Formation of Joint Venture Company (Details Textual) - USD ($)
9 Months Ended 63 Months Ended
Jan. 08, 2015
Mar. 31, 2020
Mar. 31, 2020
Apr. 26, 2018
The Joint Venture Company [Member]        
Noncontrolling Interest, Ownership Percentage by Parent 100.00%      
The Joint Venture Company [Member]        
Equity Method Investment, Aggregate Cost $ 1,400,000 $ 1,400,000 $ 1,400,000  
Investments in Joint Ventures, Contributed Assets Value 45,700,000      
Equity Method Investment, Ownership Percentage   60.00% 60.00% 60.00%
Payments to Acquire Interest in Joint Venture     $ 10,000,000  
The Joint Venture Company [Member] | Royal Gold [Member]        
Initial Investment to Fund Exploration Activity $ 5,000,000      
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage 0.00%      
Reimbursement from Joint Venture Co-founder $ 750,000      
Percentage of Economic Interest That May Be Obtained 40.00%      
Amount of Economic Interest That May Be Obtained $ 30,000,000      
Equity Method Investment, Cumulative Contributions if Additional Contributions Made       $ 30,000,000
Equity Method Investment, Ownership Percentage       40.00%
Payments to Acquire Interest in Joint Venture   $ 36,700,000 $ 36,700,000  
Additional Economic Interest Sellable   20.00% 20.00%