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Consolidated Statements of Operations - USD ($)
 12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
EXPENSES:    
Claim rental expense $ (621,298) $ (210,080)
Exploration expense (8,517,938) (89,817)
Depreciation expense (55,740) 0
Accretion expense (9,156) 0
Impairment from casualty loss, net of recovery (92,777) 0
General and administrative expense (10,336,378) (10,362,281)
Total expenses (19,633,287) (10,662,178)
OTHER INCOME/(EXPENSE):    
Interest income 1,503 1,570
Interest expense (330,047) 0
Loss from equity investment in Peak Gold, LLC (NOTE 11) (3,706,000) (3,861,252)
Other income 41,450 0
Gain on sale of a portion of the equity investment in Peak Gold, LLC (0) 39,692,857
Total other income/(expense) (3,993,094) 35,833,175
INCOME/(LOSS) BEFORE INCOME TAXES (23,626,381) 25,170,997
Income tax (expense)/benefit 119,731 (1,301,874)
NET INCOME/(LOSS) $ (23,506,650) $ 23,869,123
NET INCOME/(LOSS) PER SHARE    
Basic (in dollars per share) $ (3.49) $ 3.82
Diluted (in dollars per share) $ (3.49) $ 3.82
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING    
Basic (in shares) 6,734,444 6,250,894
Diluted (in shares) 6,734,444 6,253,661