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Consolidated Statements of Operations - USD ($)
 6 Months Ended 12 Months Ended
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Jun. 30, 2023
EXPENSES:        
Claim rental expense $ (255,121) $ (589,461) $ (508,024) $ (526,279)
Exploration expense (1,815,822) (4,059,505) (3,078,202) (7,878,863)
Depreciation expense (52,620) (121,876) (120,693) (136,501)
Accretion expense (6,284) (9,542) (12,170) (11,860)
Impairment from loss, net of recovery 0 0 (7,111) (7,111)
General and administrative expense (6,752,910) (10,611,271) (11,243,873) (9,091,127)
Total expenses (8,882,757) (15,391,655) (14,970,073) (17,651,741)
Income (loss) from equity investment in Peak Gold, LLC (6,315,595) 41,669,216 (18,125,595) (21,120,000)
Total income/(expense) from operations (15,198,352) 26,277,561 (33,095,668) (38,771,741)
OTHER INCOME/(EXPENSE):        
Interest income 68,662 352,869 81,969 29,651
Insurance recoveries 0 0 0 338,301
Interest expense (2,358,920) (11,731,622) (3,422,409) (1,959,666)
Gain/(loss) on derivative contracts (23,417,781) (54,150,141) (23,417,781) 0
Gain/(loss) on spot metal sales 0 1,209,293 0 0
Unrealized gain/(loss) on marketable securities 0 (199,018) 0 0
Other income 140,083 127,366 746,582 622,155
Total other income/(expense) (25,567,956) (64,391,253) (26,011,639) (969,559)
(Loss)/income before income taxes (40,766,308) (38,113,692) (59,107,307) (39,741,300)
Income tax benefit/(expense) 0 83,401 0 0
NET LOSS $ (40,766,308) $ (38,030,291) $ (59,107,307) $ (39,741,300)
LOSS PER SHARE        
Loss per share, basic $ (4.44) $ (3.49) $ (7.14) $ (5.61)
Loss per share, diluted $ (4.44) $ (3.49) $ (7.14) $ (5.61)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
Weighted average number of shares outstanding, basic 9,180,032 10,896,228 8,283,357 7,087,027
Weighted average number of shares outstanding, diluted 9,180,032 10,896,228 8,283,357 7,087,027