XML 17 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Interim Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2019
Jun. 30, 2019
Current Assets    
Cash and cash equivalents $ 4,187,587 $ 463,690
Prepaid expenses and other 1,648,763 348,771
Total Current Assets 5,836,350 812,461
Non-Current Assets    
Mineral properties (Note 7) 47,055,132 47,055,132
Reclamation bond (Note 8) 1,382,895 1,401,833
Property and equipment 5,839 6,303
Total Non-Current Assets 48,443,866 48,463,268
Total Assets 54,280,216 49,275,729
Current Liabilities    
Accounts payable and accrued liabilities 784,471 980,310
Reclamation and environmental obligation, current portion (Note 8) 97,287 97,287
Total Current Liabilities 881,758 1,077,597
Non-Current Liabilities    
Convertible Debt (Note 6) 5,204,452  
Reclamation and environmental obligation, non-current portion (Note 8) 866,309 868,390
Total Liabilities 6,952,519 1,945,987
Stockholders' Equity    
Common stock, par value $0.01, 50,000,000 authorized shares, 27,616,745 issued and outstanding at September 30, 2019 and 26,519,954 issued and outstanding at June 30, 2019 276,168 265,200
Additional paid in capital 95,758,216 94,764,730
Deficit (48,706,687) (47,700,188)
Total Stockholders' Equity 47,327,697 47,329,742
Total Liabilities and Stockholders' Equity $ 54,280,216 $ 49,275,729