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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Revenue        
Other income (Note 11)     $ 130,924 $ 97,535
Total Revenue     130,924 97,535
Expenses        
Exploration $ 101,938 $ 156,655 548,113 645,913
Land holding costs 101,428 101,428 296,664 336,203
Professional fees 409,070 157,187 559,356 184,942
Salaries and benefits 202,153   637,119 46,798
Directors compensation 48,535 14,067 157,983 31,060
General and administrative 73,847 10,000 241,801 30,626
Insurance 59,434 22,205 149,454 77,151
Depreciation 568   2,972  
Accretion (Note 10) 36,998 33,692 110,995 101,076
Write down of mineral properties       337,400
Total Expenses 1,033,971 495,234 2,704,457 1,791,169
Net Loss before other items 1,033,971 495,234 2,573,533 1,693,634
Other items        
Interest income (3,297) (1,354) (6,008) (2,831)
Interest and service charges 77 720,432 186 2,117,018
Other than temporary impairment of available-for-sale-securities (Note 3) 69,850   69,850  
Gain on sale of marketable securities       (31,975)
Net Loss 1,100,601 1,214,312 2,637,561 3,775,846
Other comprehensive loss        
Unrealized loss on available-for-sale-securities   (16,421)   108,427
Total Comprehensive Loss for the Period $ 1,100,601 $ 1,197,891 $ 2,637,561 $ 3,884,273
Loss per Common Share        
Basic $ 0.13 $ 0.15 $ 0.31 $ 0.47
Diluted $ 0.13 $ 0.15 $ 0.31 $ 0.47
Weighted Average Number of Common Shares Used in Per Share Calculations        
Basic 8,518,791 8,101,371 8,518,791 8,101,371
Diluted 8,518,791 8,101,371 8,518,791 8,101,371