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Consolidated Balance Sheets - USD ($)
Jun. 30, 2015
Jun. 30, 2014
Current Assets    
Cash and cash equivalents $ 9,282,534 $ 452,436
Prepaid and deposits 198,676 107,639
Accounts receivable 37,071  
Prepaid insurance, current portion (Note 10) 49,043 122,605
Marketable securities (Note 3) 14,657 560,099
Total Current Assets 9,581,981 1,242,779
Non-Current Assets    
Mineral properties (Note 8) 28,036,135 28,373,535
Prepaid insurance, non-current portion (Note 10) 24,518  
Property and equipment (Note 9) 7,996  
Reclamation bond (Note 10) 2,499,396 2,626,538
Total Non-Current Assets 30,568,045 31,000,073
Total Assets 40,150,026 32,242,852
Current Liabilities    
Accounts payable and accrued liabilities 233,200 29,654
Due to PGSC (Note 7)   15,363,799
Total Current Liabilities 233,200 15,393,453
Non-Current Liabilities    
Reclamation and environmental obligation (Note 10) 1,294,497 1,291,066
Total Liabilities 1,527,697 16,684,519
Stockholders' Equity    
Common stock, par value $0.01, 50,000,000 authorized shares, 8,518,791 issued and outstanding at June 30, 2015 and Common stock, no par value, 25,000 authorized shares, 1,000 issued and outstanding at June 30, 2014 85,188 29,701,475
Additional paid in capital 64,572,546 6,545,714
Deficit (25,980,212) (20,749,005)
Accumulated other comprehensive income (loss) (55,193) 60,149
Total Stockholders' Equity 38,622,329 15,558,333
Total Liabilities and Stockholders' Equity $ 40,150,026 $ 32,242,852