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Condensed Consolidated Interim Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2025
Jun. 30, 2025
Current Assets    
Cash and cash equivalents $ 3,536,859 $ 1,351,001
Prepaid expenses and deposits 615,993 1,356,349
Total Current Assets 4,152,852 2,707,350
Non-Current Assets    
Mineral properties 49,187,478 49,137,478
Reclamation bonds 508,781 546,176
Property and equipment 10,215 12,028
Total Non-Current Assets 49,706,474 49,695,682
Total Assets 53,859,326 52,403,032
Current Liabilities    
Accounts payable and accrued liabilities 697,765 539,971
Reclamation and environmental obligation, current portion 120,000 120,000
Warrant liability 3,307,499  
Total Current Liabilities 4,125,264 659,971
Non-Current Liabilities    
Debt liability of royalty convertible debenture, net 11,717,556 11,630,545
Derivative liability of royalty convertible debenture 7,017,699 4,077,929
Deferred tax liability 292,699 292,699
Reclamation and environmental obligation, non-current portion 2,227,589 2,173,765
Total Non-Current Liabilities 21,255,543 18,174,938
Total Liabilities 25,380,807 18,834,909
Commitments and Contingencies (Note 11)
Stockholders' Equity    
Common stock, par value $0.01, 200,000,000 authorized shares, 79,325,833 issued and outstanding at December 31, 2025 and 200,000,000 authorized shares, 75,420,743 issued and outstanding at June 30, 2025 793,260 754,208
Additional paid in capital 127,865,196 124,242,577
Accumulated deficit (100,179,937) (91,428,662)
Total Stockholders' Equity 28,478,519 33,568,123
Total Liabilities and Stockholders' Equity $ 53,859,326 $ 52,403,032