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Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
EXPENSES:    
Exploration expense $ (299,897)
General and administrative expense (10,362,281) (5,594,995)
Total expenses (10,662,178) (5,594,995)
OTHER INCOME/(EXPENSE):    
Interest income 1,570 74,954
Loss from equity investment in Peak Gold, LLC (3,861,252) (3,720,000)
Gain on sale of a portion of the equity investment in Peak Gold, LLC 39,692,857
Total other income/(expense) 35,833,175 (3,645,046)
INCOME/(LOSS) BEFORE INCOME TAXES 25,170,997 (9,240,041)
Income tax expense (1,301,874)
NET INCOME/(LOSS) $ 23,869,123 $ (9,240,041)
NET INCOME/(LOSS) PER SHARE    
Basic (in dollars per share) $ 3.82 $ (1.43)
Diluted (in dollars per share) $ 3.82 $ (1.43)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING    
Basic (in shares) 6,250,894 6,475,795
Diluted (in shares) 6,253,661 6,475,795