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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
EXPENSES:        
General and administrative expense $ (1,070,916) $ (906,282) $ (3,168,099) $ (2,383,262)
Total expenses (1,070,916) (906,282) (3,168,099) (2,383,262)
OTHER INCOME/(EXPENSE):        
Interest income 55,232 171,285
Loss from equity investment in Peak Gold, LLC (Note 4) (420,000) (3,210,000)
NET LOSS $ (1,435,684) $ (906,282) $ (6,206,814) $ (2,383,262)
LOSS PER SHARE        
Basic and diluted (in dollars per share) $ (0.23) $ (0.15) $ (0.99) $ (0.43)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
Basic and diluted (in shares) 6,357,113 6,000,946 6,257,512 5,523,810