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19. Income Taxes | 12 Months Ended
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Jun. 30, 2024
Notes |
19. Income Taxes | 19. Income Taxes The reconciliation of the combined Canadian federal and provincial statutory income tax rate of 27% (2023 and 2022 – 27%) to the effective tax rate is as follows:
| June 30, 2024 | June 30, 2023 | June 30, 2022
| $ | $ | $
Net loss before income tax | (6,850,918) | (15,462,945) | (9,446,454)
Combined federal and provincial statutory income tax rates | 27% | 27% | 27%
Expected income tax recovery at statutory rates | 1,849,748 | 4,174,995 | 2,550,543
Non-deductible differences | 1,195,284 | (225,472) | (1,102,753)
Flow through expenditures | (663,475) | - | -
True-up of prior year amounts | 578,598 | - | -
Change in unrecognized deductible temporary differences | (2,960,155) | (3,949,523) | (1,447,790)
Total income tax recovery | - | - | -
19. Income Taxes (continued) Unrecognized deductible temporary differences The income tax benefit of the following deductible temporary differences has not been recorded in these financial statements because of the uncertainty of their recovery:
| 2024 | 2023 | 2022
| $ | $ | $
Non-capital losses carried forward | 7,155,193 | 5,226,507 | 1,110,151
Exploration and evaluation assets | 916,213 | (100,081) | (100,058)
Other items | 508,668 | 493,493 | 660,396
| 8,580,074 | 5,619,919 | 1,670,489
Non-capital losses carried forward The Company has non-capital tax losses available to reduce taxes in future years of approximately $26,500,000 (2023 – $19,357,000; 2022 - $4,112,000). These losses have expiry dates between 2038 and 2044. Tax attributes are subject to review, and potential adjustment, by tax authorities.

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