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Condensed Consolidated Interim Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2025
Jun. 30, 2024
Current Assets    
Cash and cash equivalents $ 2,139,516 $ 5,423,059
Prepaid expenses and deposits 704,114 1,319,743
Total Current Assets 2,843,630 6,742,802
Non-Current Assets    
Mineral properties 49,219,413 49,069,413
Reclamation bonds 546,176 546,176
Property and equipment 10,238 3,221
Total Non-Current Assets 49,775,827 49,618,810
Total Assets 52,619,457 56,361,612
Current Liabilities    
Accounts payable and accrued liabilities 541,422 563,806
Reclamation and environmental obligation, current portion 120,000 120,000
Total Current Liabilities 661,422 683,806
Non-Current Liabilities    
Debt liability of royalty convertible debenture, net 11,587,039 11,456,523
Derivative liability of royalty convertible debenture 3,818,034 3,642,105
Deferred tax liability 273,450 273,450
Reclamation and environmental obligation, non-current portion 2,240,082 2,150,288
Total Non-Current Liabilities 17,918,605 17,522,366
Total Liabilities 18,580,027 18,206,172
Commitments and Contingencies (Note 11)
Stockholders' Equity    
Common stock, par value $0.01, 200,000,000 authorized shares, 70,874,776 issued and outstanding at March 31, 2025 and 200,000,000 authorized shares, 65,044,305 issued and outstanding at June 30, 2024 708,748 650,444
Additional paid in capital 121,930,855 119,883,235
Accumulated deficit (88,600,173) (82,378,239)
Total Stockholders' Equity 34,039,430 38,155,440
Total Liabilities and Stockholders' Equity $ 52,619,457 $ 56,361,612