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Note 10 - Property & Equipment
 12 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

10. Property & Equipment

 

The table below sets forth the book value by type of fixed asset as well as the estimated useful life:

 

Asset Type

 

Estimated Useful Life

 

 June 30, 2022

  

     June 30, 2021 

 

Mineral properties

 

N/A - Units of Production

 

$

11,700,007

  

$

—

 

Land

 

Not Depreciated

  

87,737

   

—

 

Buildings and improvements

 

20-39 years

  

1,455,546

   

—

 

Machinery and equipment

 

3 - 10 years

  

287,635

   

—

 

Vehicles

 

5 years

  

135,862

   

25,721

 

Computer and office equipment

 

5 years

  

16,239

   

10,810

 

Furniture & fixtures

 

5 years

  

2,270

   

—

 

Less: Accumulated depreciation and amortization

    

(55,740

)

  

—

 

Less: Accumulated impairment

    

(115,025

)

  

—

 

Property & Equipment, net

   

$

13,514,531

  

$

36,531