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Note 8 - Investment in Peak Gold, LLC (Tables)

12 Months Ended

Jun. 30, 2018

Notes Tables

Roll-forward of Equity Method Investment [Table Text Block]

		Investment
		in Peak Gold, LLC
Investment balance at June 30, 2014		$	—
Investment in Peak Gold, LLC, at Inception January 8, 2015			1,433,886
Loss from equity investment in Peak Gold, LLC			(1,433,886	)
Investment balance at June 30, 2015		$	—
Investment in Peak Gold, LLC			—
Loss from equity investment in Peak Gold, LLC			—
Investment balance at June 30, 2016		$	—
Investment in Peak Gold, LLC			—
Loss from equity investment in Peak Gold, LLC			—
Investment balance at June 30, 2017		$	—
Investment in Peak Gold, LLC			2,580,000
Loss from equity investment in Peak Gold, LLC			(2,580,000	)
Investment balance at June 30, 2018		$	—

The Joint Venture Company [Member]

Notes Tables

Summarized Balance Sheet of Equity Method Investment [Table Text Block]

		June 30, 2018				June 30, 2017
ASSETS
Cash and cash equivalents		$	2,628,195			$	58,955
Mineral properties			1,433,886				1,433,886
TOTAL ASSETS		$	4,062,081			$	1,492,841

LIABILITIES AND MEMBERS' (DEFICIT) EQUITY
Accounts payable and other liabilities		$	2,403,257			$	1,754,009
TOTAL LIABILITIES			2,403,257				1,754,009

MEMBERS' (DEFICIT) EQUITY			1,658,824				(261,168	)
TOTAL LIABILITIES AND MEMBERS' (DEFICIT) EQUITY		$	4,062,081			$	1,492,841

Summarized Income Statement of Equity Method Investment [Table Text Block]

		Year Ended				Year Ended				Period from Inception January 8, 2015 to
		June 30, 2018				June 30, 2017				June 30, 2018

EXPENSES:
Exploration expense		$	7,652,107			$	11,326,289			$	28,510,255
General and administrative			1,741,791				2,034,507				5,578,697
Total expenses			9,393,898				13,360,796				34,088,952
NET LOSS		$	9,393,898			$	13,360,796			$	34,088,952