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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Activities    
Net loss, attributable to stockholders $ (14,239,445) $ (26,689,316)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 66,436 36,818
Net change in operating lease liability (13,972) (16,737)
Stock Based Compensation - employees 3,417,481
Stock Based Compensation – officers & directors 2,661,408
Shares issued for services 47,275 18,086,443
Loss on impairment 186,779
Settlement of mining claims in stock (50,000)
Unrealized loss on investment 11,709 5,376
Changes in operating assets and liabilities:    
Prepaid expenses and deposits (837,180) 891,287
Other receivables (276,231)
Accounts payable and accrued liabilities (1,653,541) 254,676
Due to related parties
Net Cash Used in Operating Activities (10,816,060) (7,261,200)
Investing Activities    
Other acquisition deposit (6,081,591)
Acquisition of property and equipment (3,918,863) (8,805,942)
Purchase of water rights (2,172,750)
Purchase of mining properties (8,007,362)
Net Cash Used In Investing Activities (18,007,816) (10,978,692)
Financing Activities    
Dividends paid (125,700)
Proceeds from exercise of share purchase warrants 918,750
Proceeds from share purchase agreement 3,558,373
Proceeds from issuance of common shares, net of issuance costs 8,857,351 40,926,656
Net Cash Provided by Financing Activities 12,415,724 41,719,706
Change in Cash (16,408,152) 23,479,814
Cash – Beginning 28,989,166 12,843,502
Cash – End 12,581,014 36,323,316
Supplemental disclosures    
Interest paid 10,102
Non-cash investing and financing activities    
Fair value of preferred shares redeemed 100
Noncash construction costs in accounts payable 1,938,564 1,674,888
Deposits capitalized to mineral claims 150,000
Shares issued upon vesting 4,409
Initial value of lease liabilities 311,570 311,570
Common shares issued for conversion of preferred shares 2,216,000
Fair value of commission warrants issued $ 933,102 $ 2,699,039