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Condensed Consolidated Interim Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2024
Jun. 30, 2024
Current Assets    
Cash and cash equivalents $ 3,405,400 $ 5,423,059
Prepaid expenses and deposits 779,615 1,319,743
Total Current Assets 4,185,015 6,742,802
Non-Current Assets    
Mineral properties 49,119,413 49,069,413
Reclamation bonds 546,176 546,176
Property and equipment 10,475 3,221
Total Non-Current Assets 49,676,064 49,618,810
Total Assets 53,861,079 56,361,612
Current Liabilities    
Accounts payable and accrued liabilities 348,108 563,806
Reclamation and environmental obligation, current portion 120,000 120,000
Total Current Liabilities 468,108 683,806
Non-Current Liabilities    
Debt liability of royalty convertible debenture, net 11,543,534 11,456,523
Derivative liability of royalty convertible debenture 3,806,160 3,642,105
Deferred tax liability 273,450 273,450
Reclamation and environmental obligation, non-current portion 2,224,462 2,150,288
Total Non-Current Liabilities 17,847,606 17,522,366
Total Liabilities 18,315,714 18,206,172
Commitments and Contingencies (Note 11)
Stockholders' Equity    
Common stock, par value $0.01, 200,000,000 authorized shares, 67,421,774 issued and outstanding at December 31, 2024 and 200,000,000 authorized shares, 65,044,305 issued and outstanding at June 30, 2024 674,218 650,444
Additional paid in capital 120,853,013 119,883,235
Accumulated deficit (85,981,866) (82,378,239)
Total Stockholders' Equity 35,545,365 38,155,440
Total Liabilities and Stockholders' Equity $ 53,861,079 $ 56,361,612