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Reclamation and Environmental (Tables)
 9 Months Ended
Mar. 31, 2016
Environmental Remediation Obligations [Abstract]  
Changes to Asset Retirement Obligation

Changes to the Company’s asset retirement obligations for the nine month period ended March 31, 2016 and the year ended June 30, 2015 are as follows:

 

 

 

Nine Month Period

 

 

June 30, 2015

 

Balance at beginning of period

 

$

1,294,497

 

 

$

1,291,066

 

Accretion expense

 

 

110,995

 

 

 

134,768

 

Payments

 

 

(125,222

)

 

 

(131,337

)

Balance at end of period

 

$

1,280,270

 

 

$

1,294,497