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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (6,188,810) $ (2,836,453)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 2,468,645 1,787,558
Loss from equity investment in Peak Gold, LLC 2,580,000
Changes in operating assets and liabilities:    
Decrease/(increase) in prepaid expenses 20,120 (117,626)
Increase in accounts payable and other accrued liabilities 118,985 23,681
Net cash used in operating activities (1,001,060) (1,142,840)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash invested in Peak Gold, LLC (2,580,000)
Net cash used by investing activities (2,580,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash paid for shares withheld from employees for payroll tax withholding (207,400)
Cash from warrant exercises and capital raise, net 12,200,116 5,287,500
Net cash provided by financing activities 12,200,116 5,080,100
NET INCREASE IN CASH AND CASH EQUIVALENTS 8,619,056 3,937,260
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 5,191,749 1,254,489
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 13,810,805 $ 5,191,749