XML 16 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Interim Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Revenue        
Other income (Note 9) $ 237,694   $ 283,599 $ 130,924
Total Revenue 237,694   283,599 130,924
Expenses        
Exploration 1,133,141 $ 101,938 2,988,956 548,113
Land holding costs 220,684 101,428 497,584 296,664
Professional fees 34,326 409,070 134,187 559,356
Salaries and benefits 206,789 202,153 644,964 637,119
Directors compensation 35,896 48,535 119,679 157,983
General and administrative 70,344 73,847 338,459 241,801
Insurance 28,545 59,434 112,962 149,454
Depreciation 1,090 568 3,674 2,972
Accretion (Note 8) 34,322 36,998 102,966 110,995
Total Expenses 1,765,137 1,033,971 4,943,431 2,704,457
Net Loss before other Expense 1,527,443 1,033,971 4,659,832 2,573,533
Other Expense (Income)        
Interest income (4,268) (3,297) (10,781) (6,008)
Interest and service charges 1,287 77 1,860 186
Gain on sale of mineral property (Note 7) (100,000)   (100,000)  
Other than temporary impairment of available-for-sale-securities   69,850   69,850
Non-recurring rebates     (39,633)  
Net Loss before income taxes 1,424,462 1,100,601 4,511,278 2,637,561
Income taxes        
Deferred tax recovery (Note 3)     (3,215,418)  
Net Loss 1,424,462 1,100,601 1,295,860 2,637,561
Total Comprehensive Loss for the Period $ 1,424,462 $ 1,100,601 $ 1,295,860 $ 2,637,561
Loss per Common Share        
Basic $ 0.09 $ 0.13 $ 0.08 $ 0.31
Diluted $ 0.09 $ 0.13 $ 0.08 $ 0.31
Weighted Average Number of Common Shares Used in Per Share Calculations        
Basic 16,734,954 8,518,791 15,849,997 8,518,791
Diluted 16,734,954 8,518,791 15,849,997 8,518,791