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Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Jun. 30, 2015
Current Assets    
Cash and cash equivalents $ 5,874,258 $ 9,282,534
Prepaid and deposits 175,383 198,676
Accounts receivable   37,071
Promissory note receivable (Note 14) 808,187  
Other assets (Note 15) 561,997  
Prepaid insurance, current portion (Note 10) 24,517 49,043
Marketable securities (Note 3)   14,657
Total Current Assets 7,444,342 9,581,981
Non-Current Assets    
Mineral properties (Note 8) 25,674,658 28,036,135
Prepaid insurance, non-current portion (Note 10)   24,518
Property and equipment (Note 9) 14,896 7,996
Reclamation bond (Note 10) 2,350,131 2,499,396
Total Non-Current Assets 28,039,685 30,568,045
Total Assets 35,484,027 40,150,026
Current Liabilities    
Accounts payable and accrued liabilities 175,801 233,200
Reclamation and environmental obligation, current portion (Note 10) 384,099  
Total Current Liabilities 559,900 233,200
Non-Current Liabilities    
Reclamation and environmental obligation, non-current portion (Note 10) 1,017,940 1,294,497
Total Liabilities 1,577,840 1,527,697
Stockholders' Equity    
Common stock, par value $0.01, 50,000,000 authorized shares, 8,518,791 issued and outstanding at June 30, 2016 and 2015 85,188 85,188
Additional paid in capital 65,143,383 64,572,546
Deficit (31,322,384) (25,980,212)
Accumulated other comprehensive income (loss)   (55,193)
Total Stockholders' Equity 33,906,187 38,622,329
Total Liabilities and Stockholders' Equity $ 35,484,027 $ 40,150,026