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Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income/(loss) $ 23,869,123 $ (9,240,041)
Adjustments to reconcile net income/(loss) to net cash used in operating activities:    
Stock-based compensation 3,892,883 3,368,916
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)
Changes in operating assets and liabilities:    
Decrease/(increase) in prepaid expenses and other (443,391) 88,951
Increase/(decrease) in accounts payable and other accrued liabilities (867,290) 670,106
Increase in income tax receivable (198,126)
Increase in advance royalty reimbursement 1,200,000
Net cash used in operating activities (8,378,406) (1,392,068)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash invested in Peak Gold, LLC (3,861,252) (3,720,000)
Acquisition of property, plant, & equipment (36,531)
Cash proceeds from the sale of a portion of the equity investment in Peak Gold, LLC 31,250,000
Net cash provided/(used) by investing activities 27,352,217 (3,720,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash paid for shares withheld from employees for payroll tax withholding (876,551) (476,672)
Cash proceeds from capital raises, net 14,111,410
Net cash provided/(used) in financing activities 13,234,859 (476,672)
NET INCREASE/(DECREASE) IN CASH 32,208,670 (5,588,740)
CASH, BEGINNING OF PERIOD 3,011,918 8,600,658
CASH, END OF PERIOD 35,220,588 3,011,918
Supplemental disclosure of cash flow information    
Cash paid for income taxes 1,500,000
Shares received from partial sale of the investment in Peak Gold, LLC and retired $ 8,442,857