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Prepaid Expenses
9 Months Ended
Mar. 31, 2013
Prepaid Expense, Current [Abstract]  
Prepaid Expenses
Prepaid Expenses
The Company’s prepaid expenses of $64,660 and $138,029 as of March 31, 2013 and June 30, 2012, respectively, relate to prepaid insurance costs, claim rentals and certain geological consulting services and exploration activities conducted by Avalon Development Corporation ("Avalon"), an Alaska-domiciled domestic corporation. In November 2012, the Company prepaid the $75,000 advance minimum royalty that is due to the Tetlin Village Council on July 15, 2013, as further explained in Note 12 - Commitments and Contingencies.