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Investment in Peak Gold, LLC (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended 15 Months Ended
Mar. 31, 2016
Mar. 31, 2016
Mar. 31, 2015
Jun. 30, 2015
Mar. 31, 2016
Jan. 08, 2015
Schedule of Equity Method Investments [Line Items]            
Exploration expense of equity method investment   $ 5,612,119     $ 7,519,550  
General and Administrative Expense of Equity Method Investment   829,257     1,225,108  
Total Expenses of Equity Method Investment   6,441,376     8,744,658  
Equity Method Investment, Summarized Financial Information, Current Assets $ 1,784,888 1,784,888     1,784,888  
Equity Method Investment, Summarized Financial Information, Noncurrent Assets 1,433,886 1,433,886     1,433,886  
Suspended Losses         7,100,000  
Income (Loss) from Equity Method Investments 0 0 $ 163,026 $ (1,433,886) 8,700,000  
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures $ 0 0 $ 1,400,000   $ 0 $ 1,433,886
Investment by Joint Venture Partner   $ 3,400,000        
Royal Alaska Joint Venture Percentage 6.80% 6.80%     6.80%  
Contango Joint Venture Percentage 93.00% 93.00%     93.00% 100.00%
Equity Method Investments $ 0 $ 0   $ 0 $ 0  
Equity Method Investment, Summarized Financial Information, Assets 3,218,774 3,218,774     3,218,774  
Equity Method Investment, Summarized Financial Information, Current Liabilities 2,129,546 2,129,546     2,129,546  
Equity Method Investment, Summarized Financial Information, Liabilities 2,129,546 2,129,546     2,129,546  
Equity Method Investment Summarized Financial Information, Equity 1,089,228 1,089,228     1,089,228  
Equity Method Investment, Summarized Financial Information, Liabilities and Equity 3,218,774 3,218,774     3,218,774  
Equity Method Investment, Summarized Financial Information, Net Income (Loss) $ 1,942,343 $ 6,441,376     $ 8,744,658