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Income Taxes (Tables)

12 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

Schedule of Company's Deferred Tax Asset (Liability)

The tax effects of the significant components within the Company’s deferred tax asset (liability) at June 30, 2015 are as follows:

United States		2015				2014
Mineral properties		$	3,132,277				2,374,033
Asset Retirement obligation			440,129				438,963
Marketable securities			18,766				1,377,000
Stock options			127,768				—
Net operating losses			3,676,333				2,836,636
		$	7,395,273			$	7,026,632
Valuation allowance			(7,395,273	)			(7,026,632	)
Net deferred tax asset		$	—				—

Schedule of Income Tax Recovery Differs from Amounts Computed by Applying Statutory Tax to Pre-tax Losses

The income tax recovery differs from the amounts computed by applying statutory tax to pre-tax losses as a result of the following:

		2015				2014
Income (Loss) Before taxes			(5,231,207	)			(5,034,744	)
US Statutory tax rate		34.00%				34.00%
Expected income tax (recovery)			(1,778,610	)			(1,711,813	)
Non-deductible items			765,850				1,230,685
Change in estimates			683,335				(1,384,413	)
OCI impact			(39,216	)			—
Change in Valuation Allowance			368,641				1,865,541
Total income taxes (recovery)			—				—
Current tax expense (recovery			—				—
Deferred tax expense (recovery)			—				—

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- References

No definition available.

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 740



-SubTopic 10



-Section 50



-Paragraph 2



-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 740



-SubTopic 10



-Section 50



-Paragraph 12



-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

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