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Income Taxes (Tables)
12 Months Ended
Jun. 30, 2022
Income Tax Disclosure [Abstract]  
Schedule of Company's Deferred Tax Asset (Liability) The tax effects of the significant components within the Company’s deferred tax asset (liability) at June 30, 2022 and 2021 are as follows:

United States

 

2022

 

 

2021

 

Mineral properties

 

$

683,600

 

 

$

868,970

 

Asset retirement obligation

 

 

939,807

 

 

 

388,425

 

Fixed assets

 

 

204

 

 

 

386

 

Stock options

 

 

540,381

 

 

 

447,913

 

Net operating losses

 

 

13,060,479

 

 

 

11,676,822

 

 

 

$

15,224,471

 

 

$

13,382,516

 

Valuation allowance

 

 

(14,015,248

)

 

 

(11,333,208

)

Mineral properties

 

$

1,209,223

 

 

$

2,049,308

 

Net deferred tax asset

 

$

 

 

$

 

 

Schedule of Income Tax Recovery Differs from Amounts Computed by Applying Statutory Tax to Pre-tax Losses

The income tax recovery differs from the amounts computed by applying statutory tax to pre-tax losses as a result of the following:

 

 

 

2022

 

 

2021

 

Loss before taxes

 

$

(7,559,689

)

 

$

(5,903,618

)

US Statutory tax rate

 

 

21.00

%

 

 

21.00

%

Expected income recovery

 

 

(1,587,535

)

 

 

(1,239,760

)

Non-deductible items

 

 

164

 

 

 

157

 

Change in estimates

 

 

(1,094,670

)

 

 

1,196,349

 

Other items

 

 

 

 

 

 

Change in tax rates

 

 

 

 

 

 

Change in valuation allowance

 

 

2,959,667

 

 

 

43,254

 

Total income taxes (recovery)

 

 

277,627

 

 

$

 

Current tax expense (recovery)

 

 

 

 

 

 

Deferred tax expense (recovery)

 

 

277,627

 

 

 

 

 

 

$

 

 

$