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Mineral Properties
3 Months Ended
Sep. 30, 2019
Mineral Industries Disclosures [Abstract]  
Mineral Properties

Note 7. Mineral Properties

The Company has capitalized acquisition costs on mineral properties as follows:

 

 

 

September 30, 2019

 

 

June 30, 2019

 

Sleeper

 

$

23,869,404

 

 

$

23,869,404

 

Grassy Mountain

 

 

23,185,728

 

 

 

23,185,728

 

 

 

$

47,055,132

 

 

$

47,055,132

 

 

Sleeper:

Sleeper is located in Humboldt County, Nevada approximately 26 miles northwest of the town of Winnemucca.  The Sleeper Gold Mine consists of 2,322 unpatented mining claims totaling approximately 38,300 acres.

Grassy Mountain:

The Grassy Mountain Project is located in Malheur County, Oregon, approximately 22 miles south of Vale, Oregon, and roughly 70 miles west of Boise, Idaho. It consists of 442 unpatented lode claims, 3 patented lode claims, and various leased fee land surface and surface/mineral rights, all totaling approximately 9,300 acres.