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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating Activities    
Net loss attributable to stockholders $ (21,338,207) $ (33,539,962)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 96,681 47,262
Amortization of right-of-use asset 101,049 67,367
Unrealized loss on investment 9,764 28,987
Loss on impairment 186,779
Stock-based compensation 9,249,462 1,233,155
Shares issued for professional services 43,895 20,429,944
Expense recognized pursuant to legal action 560,000
Shares issued to settle mining claims (50,000)
Changes in operating assets and liabilities:    
Inventory (125,204)
Other receivables (320,457)
Prepaid expenses and deposits (897,167) 413,403
Accounts payable and accrued liabilities (187,796) 650,717
Due to related parties (205,646)
Net Cash Used in Operating Activities (13,367,980) (10,177,994)
Investing Activities    
Other acquisition deposits (21,881,587)
Acquisition of property and equipment (6,761,851) (12,873,975)
Purchase of mining properties (8,073,323)
Purchase of water rights/intangible assets (2,208,739)
Net Cash Used in Investing Activities (36,716,761) (15,082,714)
Financing Activities    
Dividends paid (125,700)
Purchase of shares from employees (313,334)
Proceeds from exercise of share purchase warrants 918,750
Principal paid on notes payable 6,000,000
Proceeds from issuance of common shares, net of issuance costs 13,857,351 36,938,651
Proceeds from share purchase agreements 3,558,373 3,988,005
Net Cash Provided by Financing Activities 23,415,724 41,406,372
Change in Cash (26,669,017) 16,145,664
Cash – Beginning of Period 28,989,166 12,843,502
Cash – End of Period $ 2,320,149 $ 28,989,166