v3.26.1
Segmented Information (Tables)
9 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Expenses and Mineral Property Carrying Values by Material Project

The tables below summarize the Company's segments:

 

Three Months Ended March 31, 2026

 

 

 

Sleeper Gold Project and other Nevada based Projects

 

 

Grassy Mountain Project and other Oregon based Projects

 

 

Corporate

 

 

Total

 

Exploration and development

 

$

29,910

 

 

$

1,090,777

 

 

$

 

 

$

1,120,687

 

Reclamation

 

 

49,755

 

 

 

 

 

 

 

 

 

49,755

 

Land holding costs

 

 

111,135

 

 

 

43,173

 

 

 

 

 

 

154,308

 

Accretion

 

 

56,912

 

 

 

 

 

 

 

 

 

56,912

 

Corporate

 

 

 

 

 

 

 

 

975,267

 

 

 

975,267

 

Net Loss Before Other Expense

 

$

247,712

 

 

$

1,133,950

 

 

$

975,267

 

 

$

2,356,929

 

Other Expense (Income)

 

 

 

 

 

 

 

 

 

 

 

 

Other income

 

 

(99,393

)

 

 

 

 

 

 

 

 

(99,393

)

Loss from change in fair value of derivative liability on royalty convertible debenture

 

 

 

 

 

 

 

 

1,403,823

 

 

 

1,403,823

 

Loss from change in fair value of warrant liability

 

 

 

 

 

 

 

 

838,106

 

 

 

838,106

 

Interest expense

 

 

 

 

 

 

 

 

418,506

 

 

 

418,506

 

Interest income

 

 

 

 

 

 

 

 

(14,823

)

 

 

(14,823

)

Net Loss

 

$

148,319

 

 

$

1,133,950

 

 

$

3,620,879

 

 

$

4,903,148

 

 

Three Months Ended March 31, 2025

 

 

 

Sleeper Gold Project and other Nevada based Projects

 

 

Grassy Mountain Project and other Oregon based Projects

 

 

Corporate

 

 

Total

 

Exploration and development

 

$

57,655

 

 

$

676,251

 

 

$

 

 

$

733,906

 

Reclamation

 

 

14,193

 

 

 

 

 

 

 

 

 

14,193

 

Land holding costs

 

 

142,235

 

 

 

43,173

 

 

 

 

 

 

185,408

 

Accretion

 

 

45,619

 

 

 

 

 

 

 

 

 

45,619

 

Corporate

 

 

 

 

 

 

 

 

1,217,044

 

 

 

1,217,044

 

Net Loss Before Other Expense

 

$

259,702

 

 

$

719,424

 

 

$

1,217,044

 

 

$

2,196,170

 

Other Expense (Income)

 

 

 

 

 

 

 

 

 

 

 

 

Other income

 

 

 

 

 

 

 

 

 

 

 

 

Loss from change in fair value of derivative liability on royalty convertible debenture

 

 

 

 

 

 

 

 

11,874

 

 

 

11,874

 

Interest expense

 

 

 

 

 

 

 

 

418,506

 

 

 

418,506

 

Interest income

 

 

 

 

 

 

 

 

(8,243

)

 

 

(8,243

)

Net Loss

 

$

259,702

 

 

$

719,424

 

 

$

1,639,181

 

 

$

2,618,307

 

 

 

Nine Months Ended March 31, 2026

 

 

 

Sleeper Gold Project and other Nevada based Projects

 

 

Grassy Mountain Project and other Oregon based Projects

 

 

Corporate

 

 

Total

 

Exploration and development

 

$

73,964

 

 

$

2,352,628

 

 

$

 

 

$

2,426,592

 

Reclamation

 

 

112,646

 

 

 

 

 

 

 

 

 

112,646

 

Land holding costs

 

 

426,704

 

 

 

129,520

 

 

 

 

 

 

556,224

 

Accretion

 

 

170,736

 

 

 

 

 

 

 

 

 

170,736

 

Corporate

 

 

 

 

 

 

 

 

2,762,334

 

 

 

2,762,334

 

Net Loss Before Other Expense

 

$

784,050

 

 

$

2,482,148

 

 

$

2,762,334

 

 

$

6,028,532

 

Other Expense (Income)

 

 

 

 

 

 

 

 

 

 

 

 

Other income

 

 

(105,734

)

 

 

 

 

 

 

 

 

(105,734

)

Loss from change in fair value of derivative liability on royalty convertible debenture

 

 

 

 

 

 

 

 

4,343,593

 

 

 

4,343,593

 

Loss from change in fair value of warrant liability

 

 

 

 

 

 

 

 

2,145,605

 

 

 

2,145,605

 

Interest expense

 

 

 

 

 

 

 

 

1,272,182

 

 

 

1,272,182

 

Interest income

 

 

 

 

 

 

 

 

(29,755

)

 

 

(29,755

)

Net Loss

 

$

678,316

 

 

$

2,482,148

 

 

$

10,493,959

 

 

$

13,654,423

 

 

Nine Months Ended March 31, 2025

 

 

 

Sleeper Gold Project and other Nevada based Projects

 

 

Grassy Mountain Project and other Oregon based Projects

 

 

Corporate

 

 

Total

 

Exploration and development

 

$

135,958

 

 

$

1,370,357

 

 

$

 

 

$

1,506,315

 

Reclamation

 

 

84,550

 

 

 

 

 

 

 

 

 

84,550

 

Land holding costs

 

 

412,039

 

 

 

126,323

 

 

 

 

 

 

538,362

 

Accretion

 

 

179,794

 

 

 

 

 

 

 

 

 

179,794

 

Corporate

 

 

 

 

 

 

 

 

2,510,705

 

 

 

2,510,705

 

Net Loss Before Other Expense

 

$

812,341

 

 

$

1,496,680

 

 

$

2,510,705

 

 

$

4,819,726

 

Other Expense (Income)

 

 

 

 

 

 

 

 

 

 

 

 

Other income

 

 

(6,217

)

 

 

 

 

 

 

 

 

(6,217

)

Change in derivative liability on royalty convertible debenture

 

 

 

 

 

 

 

 

175,929

 

 

 

175,929

 

Interest expense

 

 

 

 

 

 

 

 

1,272,184

 

 

 

1,272,184

 

Interest income

 

 

 

 

 

 

 

 

(39,688

)

 

 

(39,688

)

Net Loss

 

$

806,124

 

 

$

1,496,680

 

 

$

3,919,130

 

 

$

6,221,934

 

 

Non current assets of Company's segments:

`

 

As at March 31, 2026

 

 

As at June 30, 2025

 

Sleeper Gold Project and other Nevada based projects mineral properties

 

$

25,751,750

 

 

$

25,701,750

 

Grassy Mountain Project and other Oregon based projects mineral properties

 

 

23,435,728

 

 

 

23,435,728

 

Corporate and other

 

 

518,100

 

 

 

558,204

 

Total Non-Current Assets

 

$

49,705,578

 

 

$

49,695,682