XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Operating expenses        
General and administrative $ 3,229,202 $ 3,538,541 $ 10,699,915 $ 9,445,776
Research and development 3,954,744 1,509,085 11,137,762 3,464,372
Exploration costs 1,422,758 584,344 3,596,103 1,479,507
Total operating expenses 8,606,704 5,631,970 25,433,780 14,389,655
Net loss before other income (expense) (8,606,704) (5,631,970) (25,433,780) (14,389,655)
Other income (expense)        
Interest expense (2,452) (145,089)
Amortization and accretion of financing costs (1,150,127) (3,015,280)
Gain on sale of mining claims 98,919
Unrealized gain (loss) on investment (19,089) 2,949 (24,586) (11,709)
Change in fair value of derivative liability (216,765) (446,238)
Other income 21,000 63,000
Total other income (expense) (1,388,433) 23,949 (3,631,193) 150,210
Net loss $ (9,995,137) $ (5,608,021) $ (29,064,973) $ (14,239,445)
Net loss per share, basic $ (0.19) $ (0.13) $ (0.59) $ (0.33)
Net loss per share, diluted $ (0.19) $ (0.13) $ (0.59) $ (0.33)
Weighted average shares outstanding basic 51,993,863 43,466,522 49,092,325 43,201,865
Weighted average shares outstanding diluted 51,993,863 43,466,522 49,092,325 43,201,865