v3.26.3
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities    
Net loss   $ (3,780,222)
Add (deduct) items not affecting cash:    
Income from investments $ (1,011,463) (787,597)
Depreciation 170,399 196,539
Loss on disposal of property, plant and equipment 21,431  
Share-based compensation 1,441,940 1,611,845
Foreign exchange gain (772,886) (1,408,140)
Changes in non-cash operating working capital (90,195) 165,280
Interest received 937,453 741,190
Net cash used in operating activities (3,493,689) (3,261,105)
Mineral property interest    
Capital expenditures (3,864,923) (2,968,726)
Property, plant and equipment    
Additions (34,413) (85,120)
Proceeds on disposals 44,000  
Equity investments    
Proceeds on disposals 127,184 307,750
Net cash used in investing activities (3,728,152) (2,746,096)
Financing activities    
Proceeds from issuance of common shares for bought deal, net of transaction and issuance costs 27,009,239  
Proceeds from issuance of common shares for option exercised 1,994,238 6,346
Net cash provided by financing activities 29,003,477 6,346
Effect of exchange rate changes on cash (56,266) 890,603
Increase (decrease) in cash 21,725,370 (5,110,252)
Cash and cash equivalents, beginning of the year 16,839,959 21,950,211
Cash and cash equivalents, end of the year $ 38,565,329 $ 16,839,959