v3.25.2
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Statement of Cash Flows [Abstract]    
Net Loss $ (9,050,423) $ (8,056,445)
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation 2,675 1,358
Stock based compensation 589,730 331,095
Amortization of debt issuance costs 174,022 91,874
Non-cash interest expense 1,516,667 964,069
Accretion expense 225,413 442,234
Settlement of asset retirement obligations (120,000) (120,000)
Change in derivative liability 435,824 881,727
Deferred tax expense 19,249 33,407
Effect of changes in operating working capital items:    
Change in prepaid expenses (36,606) 152,543
Change in accounts payable (23,835) (131,209)
Cash used in operating activities (6,267,284) (5,409,347)
Cash flows from investing activities:    
Purchase of mineral properties (150,000) (100,000)
Purchase of equipment (11,483) 0
Cash used in investing activities (161,483) (100,000)
Cash flows from financing activities    
Capital issued for financing, net of share issuance costs 2,356,709 1,923,120
Proceeds from royalty convertible debenture 15,000,000
Royalty convertible debenture issuance costs (870,111)
Repayment of 2019 convertible notes (4,277,690)
Repayment of notes payable, related parties (1,667,833)
Cash provided by financing activities 2,356,709 10,107,486
Change in cash during period (4,072,058) 4,598,139
Cash at beginning of period 5,423,059 824,920
Cash at end of period $ 1,351,001 $ 5,423,059