XML 24 R14.htm IDEA: XBRL DOCUMENT
v3.22.4

Mineral Properties | 6 Months Ended
--- | ---
Dec. 31, 2022
Mineral Industries Disclosures [Abstract] |
Mineral Properties | Note 8. Mineral Properties The Company has capitalized acquisition costs on mineral properties as follows:
|  | December 31, 2022 |  |  | June 30, 2022 |
Sleeper and other Nevada based Projects |  | $ | 28,537,145 |  |  | $ | 28,507,145 |
Grassy Mountain and other Oregon based Projects |  |  | 23,235,728 |  |  |  | 23,235,728 |
|  | $ | 51,772,873 |  |  | $ | 51,742,873 |
Sleeper: Sleeper is located in Humboldt County, Nevada, approximately 26 miles northwest of the town of Winnemucca. Grassy Mountain: The Grassy Mountain Project is located in Malheur County, Oregon, approximately 22 miles south of Vale, Oregon, and roughly 70 miles west of Boise, Idaho. Other Nevada Based Projects During the three month period ended December 31, 2022, the Company made a payment to Nevada Select in the amount of $30,000 after Paramount received a permit to drill the Bald Peak claims from the US Forestry Service. Impairment of Mineral Properties The Company reviews and evaluates its long-lived assets for impairment on an annual basis or more frequently when events or changes in circumstances indicate that the related carrying amounts may not be recoverable. For the six months ended December 31, 2022 and 2021, no events or changes in circumstance are believed to have impacted recoverability of the Company’s long-lived assets. Accordingly, it was determined that no interim impairment was necessary.

X
- References No definition available. + Details
Name: | us-gaap_MineralIndustriesDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for mineral industries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -URI https://asc.fasb.org/topic&trid=2145477 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 930 -SubTopic 715 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6473690&loc=d3e23744-110275 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 930 -URI https://asc.fasb.org/topic&trid=2155974 + Details
Name: | us-gaap_MineralIndustriesDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration