Mineral Properties

9 Months Ended

Mar. 31, 2016

Mineral Industries Disclosures [Abstract]

Note 8. Mineral Properties

The Company has capitalized acquisition costs on mineral properties as follows:

	March 31, 2016		June 30, 2015
Sleeper	$	25,554,090	$	25,554,090
Mill Creek		2,096,616		2,096,616
Spring Valley		385,429		385,429
	$	28,036,135	$	28,036,135

Sleeper:

Sleeper is located in northern Nevada approximately 26 miles northwest of the town of Winnemucca. The Sleeper Gold Mine consists of 2,322 unpatented mining claims totaling approximately 72.5 square miles.

Mill Creek:

The Mill Creek property consists of 36 unpatented lode mining claims totaling 720 acres south of Battle Mountain Nevada.

Spring Valley:

The Spring Valley property consists of 38 unpatented lode mining claims totaling approximately 760 acres located in Pershing County, Nevada.