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Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Jun. 30, 2021
Current Assets    
Cash and cash equivalents $ 2,484,156 $ 3,113,064
Prepaid expenses and deposits 1,280,895 1,152,396
Total Current Assets 3,765,051 4,265,460
Non-Current Assets    
Mineral properties 51,742,873 49,197,704
Reclamation bond 498,276 533,703
Property and equipment 6,513 5,959
Total Non-Current Assets 52,247,662 49,737,366
Total Assets 56,012,713 54,002,826
Current Liabilities    
Accounts payable and accrued liabilities 638,256 638,950
Reclamation and environmental obligation, current portion 120,000 310,022
Total Current Liabilities 758,256 948,972
Non-Current Liabilities    
Convertible debt 3,570,430 3,517,082
Deferred tax liability 277,627  
Covertible debt, related parties 651,380 644,420
Reclamation and environmental obligation, non-current portion 4,355,270 1,539,622
Total Non-Current Liabilities 8,854,707 5,701,124
Total Liabilities 9,612,963 6,650,096
Commitments and Contingencies (Note 13)
Stockholders' Equity    
Common stock, par value $0.01, 200,000,000 authorized shares, 46,591,081 issued and outstanding at June 30, 2022 and 200,000,000 authorized shares, 38,154,109 issued and outstanding at June 30, 2021 465,912 381,542
Additional paid in capital 113,805,101 107,005,135
Accumulated deficit (67,871,263) (60,033,947)
Total Stockholders' Equity 46,399,750 47,352,730
Total Liabilities and Stockholders' Equity $ 56,012,713 $ 54,002,826