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MINERAL PROPERTIES | 12 Months Ended
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Jun. 30, 2024
Extractive Industries [Abstract] |
MINERAL PROPERTIES |
| 7. | MINERAL PROPERTIES
Mineral properties consist of original acquisition costs and purchased mineral rights related to the Elk Creek Project. In addition to the land and mineral rights currently owned by the Company, the property interests of Elk Creek include eight prepaid mineral exploration option-to-purchase agreements and include a pre-determined buyout for permanent ownership of the mineral and/or surface rights. Terms of the agreements require no further significant payments, and the Company may negotiate lease extensions or elect to purchase the mineral and/or surface rights any time. Agreements that allow for the purchase of mineral rights contain provisions whereby the landowners would retain a 2% net smelter return.

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- Definition The entire disclosure for mineral industries. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 930 -SubTopic 715 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482467/930-715-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 930 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//930/tableOfContent Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 932 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//932/tableOfContent + Details
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