8. INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	June 30, 2015			June 30, 2014
Deferred Tax Asset
Exploration costs	$	154,416		$	41,390
Federal and state operating net losses		302,826			234,034
Total deferred tax assets		457,242			275,424
Deferred tax liability		-			-
Net deferred tax asset		457,242			275,424
Valuation allowance		(457,242	)		(275,424	)
Deferred tax asset	$	-		$	-

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	June 30,
	2015					2014
Expected income tax benefit based on statutory rate	$	(159,485	)	(35	%)	$	(83,230	)	(35	%)
Permanent differences
Meals and entertainment		156		-	%		866		1	%
Effect of state taxes		(22,489	)	(5	%)		(11,625	)	(5	%)
Non-recognition due to increase in valuation account		181,818		40	%		93,989		40	%
Total income tax benefit	$	-		-	%	$	-		-	%