v3.26.1
Right-of-Use Assets
 12 Months Ended
Jun. 30, 2025
Right-of-Use Assets

 

12.Right-of-Use Assets

 

Effective June 15, 2023, the Company entered into a lease agreement for mining equipment used in its E&E activities, for a term of two years. As at June 30, 2025, 2024 and 2023, the Company’s leased equipment classified as right-of-use (“ROU”) assets are as follows:

 

   June 30, 2025   June 30, 2024   June 30, 2023 
    $    $    $ 
Cost, beginning of year   63,360    63,360    — 
Additions for right-of-use assets   —    —    63,360 
Balance, end of year   63,360    63,360    63,360 
                

Accumulated Amortization, beginning of year

   34,320    2,640    — 
Depreciation   29,040    31,680    2,640 
Accumulated Amortization, end of year   63,360    34,320    2,640 
                
Net Book Value   —    29,040    60,720