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Note 3 - Liquidity | 12 Months Ended
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Jun. 30, 2022
Notes to Financial Statements |
Liquidity [Text Block] | 3. Liquidity The Company’s cash needs going forward will primarily relate to capital calls from the Peak Gold JV, exploration of the Contango Properties (including the $10.0 million capital commitment for expenditures on the Lucky Shot Property over the 36-month period following August 2021, of which the Company has funded $8.6 million as of June 30, 2022), and general and administrative expenses of the Company. If a large budget is undertaken by the Peak Gold JV, and no additional financing is obtained, the Company can elect not to fund its portion of the approved budget and dilute its interest in the Peak Gold JV, in which case the Company would maintain sufficient liquidity to meet its working capital requirements for the next twelve months from the date of this report.

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- Definition The entire disclosure for liquidity. + References No definition available. + Details
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