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Reclamation and Environmental (Tables)
 9 Months Ended
Mar. 31, 2017
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, 2017 and the year ended June 30, 2016 are as follows:

 

 

 

Nine Month Period 2017

 

 

Year Ended June 30, 2016

 

Balance at beginning of period

 

$

1,402,039

 

 

$

1,294,497

 

Accretion expense

 

 

102,966

 

 

 

147,992

 

Payments

 

 

(278,293

)

 

 

(161,018

)

Change in estimate of existing obligation

 

 

—

 

 

 

120,568

 

Balance at end of period

 

$

1,226,712

 

 

$

1,402,039