XML 33 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Interim Balance Sheets - USD ($)
Sep. 30, 2015
Jun. 30, 2015
Current Assets    
Cash and cash equivalents $ 8,278,343 $ 9,282,534
Prepaid and deposits 499,764 198,676
Accounts receivable   37,071
Prepaid insurance, current portion (Note 10) 49,043 49,043
Marketable securities (Note 3) 778 14,657
Total Current Assets 8,827,928 9,581,981
Non-Current Assets    
Mineral properties (Note 8) 28,036,135 28,036,135
Prepaid insurance, non-current portion (Note 10) 12,257 24,518
Property and equipment (Note 9) 12,927 7,996
Reclamation bond (Note 10) 2,506,911 2,499,396
Total Non-Current Assets 30,568,230 30,568,045
Total Assets 39,396,158 40,150,026
Current Liabilities    
Accounts payable and accrued liabilities 118,659 233,200
Total Current Liabilities 118,659 233,200
Non-Current Liabilities    
Reclamation and environmental obligation (Note 10) 1,331,495 1,294,497
Total Liabilities 1,450,154 1,527,697
Stockholders' Equity    
Common stock, par value $0.01, 50,000,000 authorized shares, 8,518,791 issued and outstanding at September 30, 2015 and at June 30, 2015 85,188 85,188
Additional paid in capital 64,712,093 64,572,546
Deficit (26,782,205) (25,980,212)
Accumulated other comprehensive income (loss) (69,072) (55,193)
Total Stockholders' Equity 37,946,004 38,622,329
Total Liabilities and Stockholders' Equity $ 39,396,158 $ 40,150,026