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Segmented Information (Tables)
6 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of Expenses and Mineral Property Carrying Values by Material Project

The tables below summarize the Company's segments:

 

Three Months Ended December 31, 2025

 

 

 

Sleeper Gold Project and other Nevada based Projects

 

 

Grassy Mountain Project and other Oregon based Projects

 

 

Corporate

 

 

Total

 

Exploration and development

 

$

126,500

 

 

$

613,308

 

 

$

 

 

$

739,808

 

Reclamation

 

 

25,011

 

 

 

 

 

 

 

 

 

25,011

 

Land holding costs

 

 

170,135

 

 

 

43,173

 

 

 

 

 

 

213,308

 

Accretion

 

 

56,912

 

 

 

 

 

 

 

 

 

56,912

 

Corporate

 

 

 

 

 

 

 

 

1,112,042

 

 

 

1,112,042

 

Net Loss Before Other Expense

 

$

378,558

 

 

$

656,481

 

 

$

1,112,042

 

 

$

2,147,081

 

Other Expense (Income)

 

 

 

 

 

 

 

 

 

 

 

 

Other income

 

 

(6,341

)

 

 

 

 

 

 

 

 

(6,341

)

Loss from change in fair value of derivative liability on royalty convertible debenture

 

 

 

 

 

 

 

 

1,787,896

 

 

 

1,787,896

 

Loss from change in fair value of warrant liability

 

 

 

 

 

 

 

 

79,835

 

 

 

79,835

 

Interest expense

 

 

 

 

 

 

 

 

426,839

 

 

 

426,839

 

Interest income

 

 

 

 

 

 

 

 

(8,373

)

 

 

(8,373

)

Net Loss

 

$

372,217

 

 

$

656,481

 

 

$

3,398,239

 

 

$

4,426,937

 

 

Three Months Ended December 31, 2024

 

 

 

Sleeper Gold Project and other Nevada based Projects

 

 

Grassy Mountain Project and other Oregon based Projects

 

 

Corporate

 

 

Total

 

Exploration and development

 

$

20,074

 

 

$

357,038

 

 

$

 

 

$

377,112

 

Reclamation

 

 

16,420

 

 

 

 

 

 

 

 

 

16,420

 

Land holding costs

 

 

143,216

 

 

 

43,173

 

 

 

 

 

 

186,389

 

Accretion

 

 

45,619

 

 

 

 

 

 

 

 

 

45,619

 

Corporate

 

 

 

 

 

 

 

 

593,341

 

 

 

593,341

 

Net Loss Before Other Expense

 

$

225,329

 

 

$

400,211

 

 

$

593,341

 

 

$

1,218,881

 

Other Expense (Income)

 

 

 

 

 

 

 

 

 

 

 

 

Other income

 

 

 

 

 

 

 

 

 

 

 

-

 

Loss from change in fair value of derivative liability on royalty convertible debenture

 

 

 

 

 

 

 

 

400,144

 

 

 

400,144

 

Interest expense

 

 

 

 

 

 

 

 

426,840

 

 

 

426,840

 

Interest income

 

 

 

 

 

 

 

 

(14,376

)

 

 

(14,376

)

Net Loss

 

$

225,329

 

 

$

400,211

 

 

$

1,405,949

 

 

$

2,031,489

 

 

 

Six Months Ended December 31, 2025

 

 

 

Sleeper Gold Project and other Nevada based Projects

 

 

Grassy Mountain Project and other Oregon based Projects

 

 

Corporate

 

 

Total

 

Exploration and development

 

$

161,457

 

 

$

1,144,447

 

 

$

 

 

$

1,305,904

 

Reclamation

 

 

62,891

 

 

 

 

 

 

 

 

 

62,891

 

Land holding costs

 

 

315,570

 

 

 

86,347

 

 

 

 

 

 

401,917

 

Accretion

 

 

113,824

 

 

 

 

 

 

 

 

 

113,824

 

Corporate

 

 

 

 

 

 

 

 

1,787,067

 

 

 

1,787,067

 

Net Loss Before Other Expense

 

$

653,742

 

 

$

1,230,794

 

 

$

1,787,067

 

 

$

3,671,603

 

Other Expense (Income)

 

 

 

 

 

 

 

 

 

 

 

 

Other income

 

 

(6,341

)

 

 

 

 

 

 

 

 

(6,341

)

Loss from change in fair value of derivative liability on royalty convertible debenture

 

 

 

 

 

 

 

 

2,939,770

 

 

 

2,939,770

 

Loss from change in fair value of warrant liability

 

 

 

 

 

 

 

 

1,307,499

 

 

 

1,307,499

 

Interest expense

 

 

 

 

 

 

 

 

853,677

 

 

 

853,677

 

Interest income

 

 

 

 

 

 

 

 

(14,933

)

 

 

(14,933

)

Net Loss

 

$

647,401

 

 

$

1,230,794

 

 

$

6,873,080

 

 

$

8,751,275

 

 

Six Months Ended December 31, 2024

 

 

 

Sleeper Gold Project and other Nevada based Projects

 

 

Grassy Mountain Project and other Oregon based Projects

 

 

Corporate

 

 

Total

 

Exploration and development

 

$

78,303

 

 

$

694,107

 

 

$

 

 

$

772,410

 

Reclamation

 

 

70,357

 

 

 

 

 

 

 

 

 

70,357

 

Land holding costs

 

 

269,804

 

 

 

83,150

 

 

 

 

 

 

352,954

 

Accretion

 

 

134,174

 

 

 

 

 

 

 

 

 

134,174

 

Corporate

 

 

 

 

 

 

 

 

1,293,660

 

 

 

1,293,660

 

Net Loss Before Other Expense

 

$

552,638

 

 

$

777,257

 

 

$

1,293,660

 

 

$

2,623,555

 

Other Expense (Income)

 

 

 

 

 

 

 

 

 

 

 

 

Other income

 

 

(6,217

)

 

 

 

 

 

 

 

 

(6,217

)

Change in derivative liability on royalty convertible debenture

 

 

 

 

 

 

 

 

164,055

 

 

 

164,055

 

Interest expense

 

 

 

 

 

 

 

 

853,680

 

 

 

853,680

 

Interest income

 

 

 

 

 

 

 

 

(31,446

)

 

 

(31,446

)

Net Loss

 

$

546,421

 

 

$

777,257

 

 

$

2,279,949

 

 

$

3,603,627

 

 

Non current assets of Company's segments:

`

 

As Of December 31, 2025

 

 

As Of June 30, 2025

 

Sleeper Gold Project and other Nevada based projects mineral properties

 

$

25,751,750

 

 

$

25,701,750

 

Grassy Mountain Project and other Oregon based projects mineral properties

 

 

23,435,728

 

 

 

23,435,728

 

Corporate and other

 

 

518,996

 

 

 

558,204

 

Total Non-Current Assets

 

$

49,706,474

 

 

$

49,695,682