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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net loss $ (22,255,671) $ (11,272,630)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 61,415 58,084
Stock-based compensation 1,834,418 267,605
Foreign exchange loss, net 1,481,884 274,192
Loss on remeasurement of assets classified as held for sale 376,000 25,605
Accretion of asset retirement obligations 499,804 429,597
Checkerboard fee 5,950,000 0
Interest expense 93,532 0
Changes in operating assets and liabilities:    
Trade and other receivables 2,318 (3,167,448)
Prepaid expenses and other assets 679,778 (239,942)
Accounts payable and accrued expenses 2,361,130 2,969,442
Other non-current liabilities 13,598 166,182
Net cash used in operating activities (8,901,794) (10,489,313)
Cash flows from investing activities:    
Payments for property, plant and equipment (196,722) 0
Payments for exploration and evaluation (42,090,373) (27,036,860)
Payments for assets under construction (6,603,096) 0
Proceeds from sale of assets held for sale 7,990,000 444,568
Payments for assets under construction (1,073,889) (387,045)
Proceeds from government grants for exploration 6,168,698 0
Net cash used in investing activities (35,805,382) (26,979,337)
Cash flows from financing activities:    
Proceeds from issue of common stock 0 63,811,478
Proceeds from issue of shares under greenshoe option 7,410,000 0
Contributions received from noncontrolling interest holders 30,315,756 6,608,717
Common stock issue transaction costs (479,150) (4,457,438)
Payment of performance bond facility establishment fee (382,564) 0
Repayment of lease liabilities (5,503,668) (1,721,511)
Net cash from financing activities 31,360,374 64,241,246
Net (decrease) increase in cash and cash equivalents and restricted cash (13,346,802) 26,772,596
Cash and cash equivalents and restricted cash at the beginning of period 74,745,897 7,056,136
Effects of exchange rate changes on cash and cash equivalents (1,956,688) (661,738)
Cash and cash equivalents and restricted cash at the end of period 59,442,407 33,166,994
Non-cash investing and financing activities:    
Accrued capital expenditure 5,845,825 4,035,841
Asset retirement obligations (444,827) (72,433)
Stock-based compensation (2,756,624) (267,605)
Contribution receivable from noncontrolling interest holders 3,285,517 4,351,687
Operating lease right-of-use assets and lease liabilities (128,228) (774,467)
Interest accrued on finance lease liabilities (414,617) (1,191,036)
Finance lease right-of-use assets and lease liabilities 0 (25,812,769)
Non-cash finance lease costs capitalized to unproved properties $ 5,480,046 $ 7,603,229

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