XML 70 R46.htm IDEA: XBRL DOCUMENT v3.22.2.2
Note 13 - Commitments and Contingencies (Details Textual)
1 Months Ended 10 Months Ended 12 Months Ended
Aug. 24, 2021
USD ($)
oz
Dec. 31, 2020
USD ($)
Dec. 11, 2020
shares
Jun. 10, 2020
USD ($)
Jul. 15, 2012
USD ($)
Jan. 31, 2022
USD ($)
shares
Dec. 31, 2020
USD ($)
shares
Jul. 31, 2008
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2022
USD ($)
shares
Jun. 30, 2021
shares
Feb. 06, 2020
USD ($)
Feb. 28, 2019
USD ($)
Contingent Salary and Compensation, Retention Agreement                         $ 1,500,000
Restricted Stock [Member] | The 2010 Plan [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares                   160,500 205,833    
Chief Executive Officer [Member]                          
Contingent Salary and Compensation, Retention Agreement       $ 350,000               $ 1,000,000  
Short Term Incentive Plan, Minimum Performance Target, Payout, Percentage of Base Salary       25.00%                  
Short Term Incentive Plan, All Performance Goals, Payout, Percentage of Base Salary       100.00%                  
Short Term Incentive Plan, Maximum Performance Target, Payout, Percentage of Base Salary       200.00%                  
Short Term Incentive Plan, Payout, Percentage Cash       50.00%                  
Short Term Incentive Plan, Payout, Percentage Restricted Stock       50.00%                  
Short Term Incentive Plan, Change of Control, Percentage of Base Salary       200.00%                  
Short Term Incentive Plan, Change of Control, Maximum Period of Payment (Day)       30 days                  
Short-term Incentive Plan, Compensation Expense, Cash Bonus           $ 300,000 $ 350,000            
Chief Executive Officer [Member] | Restricted Stock [Member] | The 2010 Plan [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares     23,333     15,000 23,333            
Chief Executive Officer [Member] | Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche One [Member]                          
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)       1 year                  
Chief Executive Officer [Member] | Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche Two [Member]                          
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)       2 years                  
Chief Financial Officer [Member]                          
Contingent Salary and Compensation, Retention Agreement                       $ 250,000  
Production Threshold, One [Member] | Alaska Gold Torrent, LLC [Member]                          
Asset Acquisition, Contingent Consideration Arrangements, Production Threshold, Mineral Resource (Ounce) | oz 500,000                        
Asset Acquisition, Contingent Consideration Arrangements, Production Threshold, Output, Gold (Ounce) | oz 30,000                        
Gold to Silver Ratio                 1:65        
Asset Acquisition, Consideration Transferred, Contingent Consideration $ 5,000,000                        
Production Threshold, One [Member] | Alaska Gold Torrent, LLC [Member] | Common Stock [Member]                          
Asset Acquisition, Consideration Transferred, Equity Interest Issued and Issuable $ 3,750,000                        
Production Threshold, Two [Member] | Alaska Gold Torrent, LLC [Member]                          
Asset Acquisition, Contingent Consideration Arrangements, Production Threshold, Mineral Resource (Ounce) | oz 1,000,000                        
Asset Acquisition, Contingent Consideration Arrangements, Production Threshold, Output, Gold (Ounce) | oz 60,000                        
Gold to Silver Ratio                 1:65        
Asset Acquisition, Consideration Transferred, Contingent Consideration $ 5,000,000                        
Production Threshold, Two [Member] | Alaska Gold Torrent, LLC [Member] | Common Stock [Member]                          
Asset Acquisition, Consideration Transferred, Equity Interest Issued and Issuable 5,000,000                        
Tetlin Lease [Member]                          
Inception-to-date Payments to Reduce Royalty Rate                 $ 225,000 $ 225,000      
Decrease in Royalty Rates                 0.75% 0.75%      
Tetlin Lease [Member] | Scenario 1 [Member]                          
Increase in Royalty Rates                 0.25% 0.25%      
Payment that Lessor May Pay to Lessee to Increase Royalty Rate                   $ 150,000      
Tetlin Lease [Member] | Scenario 2 [Member]                          
Increase in Royalty Rates                 0.50% 0.50%      
Payment that Lessor May Pay to Lessee to Increase Royalty Rate                   $ 300,000      
Tetlin Lease [Member] | Scenario 3 [Member]                          
Increase in Royalty Rates                 0.75% 0.75%      
Payment that Lessor May Pay to Lessee to Increase Royalty Rate   $ 450,000                      
Tetlin Lease [Member] | Minimum [Member]                          
Advance Royalties to Be Paid Per Year         $ 75,000         $ 50,000      
Tetlin Lease [Member] | The Joint Venture Company [Member]                          
Initial Term of Leases and Concessions on Undeveloped Acreage (Year)               10 years          
Extension of Term of Leases and Concessions on Undeveloped Acreage (Year)               10 years          
Contractual Annual Exploration Costs               $ 350,000          
Tetlin Lease [Member] | The Joint Venture Company [Member] | Minimum [Member]                          
Royalty Rate               3.00% 2.25% 2.25%      
Tetlin Lease [Member] | The Joint Venture Company [Member] | Maximum [Member]                          
Royalty Rate               5.00% 4.25% 4.25%      
Tetlin Lease and Certain Other Properties [Member]                          
Annual Claim Rentals                 $ 478,650 $ 478,650      
Tetlin Lease and Certain Other Properties [Member] | The Joint Venture Company [Member] | Royal Gold [Member]                          
Overriding Royalty Interest                 3.00% 3.00%      
Lucky Shot Prospect [Member] | Alaska Gold Torrent, LLC [Member]                          
Asset Acquisition, Exploration Expenditures, Requirement, Minimum Amount During 36 Months Period $ 10,000,000                        
Additional Properties [Member] | The Joint Venture Company [Member] | Royal Gold [Member]                          
Overriding Royalty Interest                 2.00% 2.00%      
Net Smelter Returns Silver Royalty, Percent                 28.00% 28.00%      
Net Smelter Returns Royalty Interest, Percent                 1.00% 1.00%