Star Alliance International (STAL) 10-K 18 Oct 21 2021 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Jun. 30, 2021	Oct. 13, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2021
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--06-30
Entity File Number	333-197692
Entity Registrant Name	Star Alliance International Corp.
Entity Central Index Key	0001614556
Entity Incorporation, State or Country Code	NV
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float	$ 135,124,028
Entity Common Stock, Shares Outstanding		135,124,028

Balance Sheets

Balance Sheets - USD ($)	Jun. 30, 2021	Jun. 30, 2020
Current assets:
Cash	$ 6,789	$ 20,058
Total current assets	6,789	20,058
Other assets:
Property and equipment	450,000	450,000
Mining claims	57,532	57,532
Total other assets	507,532	507,532
Total Assets	514,321	527,590
Current liabilities:
Accounts payable	18,378	40,630
Accrued expenses	12,888	8,658
Accrued compensation	171,370	144,360
Note payable	467,380	435,700
Note payable - former related party	32,000	32,000
Related party advance	0	2,576
Due to former related party	42,651	42,651
Total current liabilities	744,667	706,575
Total liabilities	744,667	706,575
COMMITMENTS AND CONTINGENCIES (see footnotes)
Stockholders' deficit:
Preferred stock, $0.001 par value, 25,000,000 authorized, 2,883,000 and 1,883,000 shares issued and outstanding	2,883	1,883
Common stock, $0.001 par value, 175,000,000 shares authorized, 124,319,584 and 107,313,334 shares issued and outstanding, respectively	124,320	107,314
Additional paid-in capital	2,793,609	2,382,859
Common stock to be issued	41,633	8,633
Stock subscription receivable	(20,000)	(9,900)
Accumulated deficit	(3,172,791)	(2,669,774)
Total stockholders' deficit	(230,346)	(178,985)
Total liabilities and stockholders' deficit	514,321	527,590
Series A Preferred Stock [Member]
Stockholders' deficit:
Preferred stock, $0.001 par value, 25,000,000 authorized, 2,883,000 and 1,883,000 shares issued and outstanding	1,000	0
Series B Preferred Stock [Member]
Stockholders' deficit:
Preferred stock, $0.001 par value, 25,000,000 authorized, 2,883,000 and 1,883,000 shares issued and outstanding	$ 1,883	$ 1,883

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2021	Jun. 30, 2020
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	175,000,000	175,000,000
Common stock, shares issued	124,319,584	107,313,334
Common stock, shares outstanding	124,319,584	107,313,334
Series A Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ .001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	1,000,000	0
Preferred stock, shares outstanding	1,000,000	0
Series B Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	1,900,000	1,900,000
Preferred stock, shares issued	1,883,000	1,883,000
Preferred stock, shares outstanding	1,883,000	1,883,000

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Operating expenses:
General and administrative	$ 94,508	$ 75,110
General and administrative - related party	15,000	0
Consulting	57,029	144,980
Professional fees	38,350	903,540
Director compensation	90,000	474,100
Officer compensation	155,000	168,000
Total operating expenses	449,887	1,765,730
Loss from operations	(449,887)	(1,765,730)
Other expense:
Interest expense	(10,800)	(4,590)
Loss on conversion of accrued salary	0	(124,000)
Loss on conversion of debt	(46,200)	0
Gain on forgiveness of debt	3,870	0
Total other expense	(53,130)	(128,590)
Loss before provision for income taxes	(503,017)	(1,894,320)
Provision for income taxes	0	0
Net loss	$ (503,017)	$ (1,894,320)
Net loss per common share - basic and diluted	$ 0	$ (0.02)
Weighted average common shares outstanding - basic and diluted	114,938,142	95,935,432

Statements of Changes in Stockh

Statements of Changes in Stockholders' Equity (Deficit) - USD ($)	Series A Preferred Stock [Member]	Series B Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital	Common Stock To Be Issued	Stock Subscription Receivable	Retained Earnings / Accumulated Deficit	Total
Beginning balance, shares at Jun. 30, 2019			83,450,000
Beginning balance, value at Jun. 30, 2019			$ 83,450	$ 551,289	$ 7,000		$ (775,454)	$ (133,715)
Preferred stock issued for acquisition, shares		1,833,000
Preferred stock issued for acquisition, value		$ 1,883		5,649				7,532
Stock issued for services, shares			4,560,000
Stock issued for services, value			$ 4,560	489,280				493,840
Stock issued for services - related party, shares			9,500,000
Stock issued for services - related party, value			$ 9,500	922,500				932,000
Stock issued for debt, shares			2,750,000
Stock issued for debt, value			$ 2,750	58,296				61,046
Stock issued for accrued salary, shares			1,000,000
Stock issued for accrued salary, value			$ 1,000	167,000				168,000
Stock sold for cash, shares			6,053,334
Stock sold for cash, value			$ 6,054	188,845	1,633	(9,900)		186,632
Net loss							(1,894,320)	(1,894,320)
Ending balance, shares at Jun. 30, 2020		1,833,000	107,313,334
Ending balance, value at Jun. 30, 2020		$ 1,883	$ 107,314	2,382,859	8,633	(9,900)	(2,669,774)	(178,985)
Stock issued for services, shares			1,250,000
Stock issued for services, value			$ 1,250	23,750				25,000
Stock issued for debt, shares			6,375,000
Stock issued for debt, value			$ 6,375	222,325				228,700
Stock sold for cash, shares			9,381,250
Stock sold for cash, value			$ 9,381	97,119	33,000	(10,100)		129,400
Stock issued for accrued officer compensation, shares	1,000,000
Stock issued for accrued officer compensation, value	$ 1,000			67,556				68,556
Net loss							(503,017)	(503,017)
Ending balance, shares at Jun. 30, 2021	1,000,000	1,833,000	124,319,584
Ending balance, value at Jun. 30, 2021	$ 1,000	$ 1,883	$ 124,320	$ 2,793,609	$ 41,633	$ (20,000)	$ (3,172,791)	$ (230,346)

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (503,017)	$ (1,894,320)
Changes in assets and liabilities:
Common stock issued for services	25,000	493,840
Common stock issued for services - related party	0	932,000
Loss on conversion of debt	46,200	6,000
Gain on forgiveness of debt	(3,870)	0
Loss on conversion of accrued salary	0	118,000
Accounts payable	(22,253)	7,938
Accrued expenses	6,800	6,591
Accrued compensation	95,566	194,360
Net cash used in operating activities	(355,574)	(135,591)
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash provided by / (used in) investing activities	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds of borrowings from a related party	53,433	38,700
Repayment to related party	(31,008)	(39,854)
Proceeds from the sale of common stock	129,400	186,632
Proceeds from note payable	288,500	89,400
Payment on note payable	(98,020)	(119,700)
Net cash provided by financing activities	342,305	155,178
Net change in cash	(13,269)	19,587
Cash at the beginning of period	20,058	471
Cash at the end of period	6,789	20,058
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid	0	0
Income taxes paid	0	0
NON-CASH TRANSACTIONS:
Accrued compensation converted to common shares	68,556	0
Conversion of debt	$ 182,500	$ 104,250

1. Nature of Business

1. Nature of Business	12 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business	NOTE 1 – NATURE OF BUSINESS Star Alliance International Corp. (“the Company”, “we”, “us”) was originally incorporated with the name Asteriko Corp. in the State of Nevada on April 17, 2014 under the laws of the state of Nevada, for the purpose of acquiring and developing gold mining as well as certain other mining properties worldwide.

2. Significant Accounting Polic

2. Significant Accounting Policies	12 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Significant Accounting Policies	NOTE 2 – SIGNIFICANT AND CRITICAL ACCOUNTING POLICIES AND PRACTICES Basis of Presentation The accompanying financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the rules of the Securities and Exchange Commission (“SEC”). Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash equivalents The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents for the years ended June 30, 2021 or 2020. Long Lived Assets Property consists of mining equipment not yet used. Our company assesses the impairment of long-lived assets whenever events or changes in circumstances indicate that the carrying value may not be recoverable. When we determine that the carrying value of long-lived assets may not be recoverable based upon the existence of one or more indicators of impairment and the carrying value of the asset cannot be recovered from projected undiscounted cash flows, we record an impairment charge. Our company measures any impairment based on a projected discounted cash flow method using a discount rate determined by management to be commensurate with the risk inherent in the current business model. Significant management judgment is required in determining whether an indicator of impairment exists and in projecting cash flows. Stock-based Compensation The Company records stock-based compensation in accordance with FASB ASC Topic 718, “ Compensation – Stock Compensation Equity Based Payments to Non-Employees Fair value of financial instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1 - Quoted market prices available in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 - Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3 - Unobservable inputs that reflect our assumptions about the assumptions that market participants would use in pricing the asset or liability. The Company’s financial instruments are consisted principally of accrued expenses and short term debt. The carrying amounts of such financial instruments in the accompanying balance sheets approximate their fair values due to their relatively short-term nature. Net income (loss) per common share Net loss per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net loss per common share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per common share is computed by dividing net loss by the weighted average number of shares of common stock and potentially dilutive outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent share arrangements, stock options and warrants. The diluted loss per share is the same as the basic loss per share for the years ended July 31, 2021 and 2020, as the inclusion of any potential shares would have had an antidilutive effect due to our loss from operations. Recently Issued Accounting Pronouncements In November 2019, the FASB issued ASU 2019-10, Financial Instruments—Credit Losses (Topic 326), Derivative and Hedging (Topic 815), and Leases (Topic 842). This new guidance became effective for us on January 1, 2020. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. On January 1, 2020 the Company adopted ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In August 2020, the FASB issued ASU 2020-06 , Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40)—Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity. Derivatives and Hedging Derivatives and Hedging—Contracts in Entity’s Own Equity The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

3. Going Concern

3. Going Concern	12 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	NOTE 3 – GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As shown in the accompanying financial statements, the Company has an accumulated deficit of $3,172,791 and negative working capital of $230,346 as of June 30, 2021. For the year ended June 30, 2021 the Company had a net loss of $503,017, with $355,574 of cash used in operating activities. Due to these conditions, it raises substantial doubt about the Company’s ability to continue as a going concern. The Company is attempting to commence operations and generate sufficient revenue; however, the Company’s cash position may not be sufficient to support its daily operations. While the Company believes in the viability of its strategy to commence operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon its ability to further implement its business plan and generate sufficient revenue and its ability to raise additional funds. The financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that may result should the Company be unable to continue as a going concern.

4. Acquisition

4. Acquisition	12 Months Ended
	Jun. 30, 2021
Business Combinations [Abstract]
Acquisition	NOTE 4 – ACQUISITION On August 13, 2019, The Company closed an Asset Purchase Agreement (the “APA”) with Troy Mining Corporation (“Troy”). Under the APA, the company acquired 78 gold mining claims consisting of approximately 4,800 acres, located east/southeast of El Portal, California, in Mariposa County, together with all of Troy’s rights to related equipment and buildings currently located on the mining claims. In exchange for the mining claims and related assets, the company Under the Purchase Note, we paid $50,000 at the time of the closing, and are required to pay an additional $50,000 within sixty days of the closing, and $25,000 every other month thereafter, with the entire remaining amount due no later than March 31, 2020. In the event of default under the Purchase Note, all assets acquired under the APA will be forfeited back to Troy. We are current on all the terms of the agreement. On October 9, 2019, a contract extension was agreed between Star Alliance International Corporation and Troy Mining Corporation. The agreement gives the Company 150 days to file an S-1 registration statement and obtain approval for the shares that are to be issued to the Troy shareholders to become free trading. The S-1 registration was filed on August 14, 2020. On July 14, 2020 a contract extension was agreed between Star Alliance International Corporation and Troy Mining Corporation. The agreement provides for a sixty-day extension on the loan agreement with Troy mining Corporation and also an extension to file the S-1 registration. On February 16, 2021 a contract extension for ninety (90) days was signed between Troy Mining Corporation and Star Alliance International Corporation. A payment of $40,000 was made by Star Alliance that reduces the final amount due to Troy Mining Corporation to $330,000 as of June 30, 2021.

5. Related Party Transactions

5. Related Party Transactions	12 Months Ended
	Jun. 30, 2021
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 5 – RELATED PARTY TRANSACTIONS As of June 30, 2021 and 2020, the Company owes Anthony Anish, a board member, $0 and $1,976 for expense reimbursement. On August 1, 2019, employment agreements for Richard Carey, John Baird and Anthony Anish were signed providing for annual salaries of $120,000 per annum for Richard Carey and $60,000 for John Baird and Anthony Anish. As of June 30, 2021, the Company has accrued compensation due to Mr. Carey of $39,691, Mr. Baird of $60,000 and Mr. Anish of $71,679. As of June 30, 2020, the Company has accrued compensation due to Mr. Carey of $46,360, Mr. Baird of $55,000 and Mr. Anish of $43,000. Mr. Baird resigned his position on August 12, 2020. Mr. Carey is using his personal office space at no cost to the Company. On January 1, 2021 the employment agreements for Richard Carey and Anthony Anish were updated to include salaries of $180,000 and $120,000 per annum respectively. All other terms of the new agreements remained the same as previously.

6. Notes Payable

6. Notes Payable	12 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Notes Payable	NOTE 6 – NOTES PAYABLE As of June 30, 2021 and 2020, the Company owed Kok Chee Lee, the former CEO and Director of the Company, $42,651 and $42,651, respectively for operating expenses he paid on behalf of the Company during the year ended June 30, 2018. The borrowing is unsecured, non-interest-bearing and due on demand. On June 1, 2018, the Company executed a promissory note in the amount of $32,000 with the former Secretary of the Board for $30,128 of accrued expenses for services previously provided and an additional $1,872 for services rendered. The note is unsecured, bears interest at 5% per annum and matures on December 1, 2018. As of June 30, 2021 and 2020, there is $4,949 and $1,732, respectively, of accrued interest due on the note. The note is past due and in default. On October 15, 2018, the Company executed a promissory note for $20,000, for amounts previously accrued and payable to the Company’s former attorney. The note bears interest at 8% and was due on October 15, 2019. This note has been paid in full. On June 11, 2019, the company executed a promissory note with Troy for $500,000 (Note 7). The Company paid the initial $50,000 due on the note on August 13, 2019 and $35,000 as of December 31, 2019. As June 30, 2021 there is $330,000 due on this note. On June 26, 2020, an individual loaned the Company $25,000, $6,000 of which was converted into 600,000 shares of common stock on July 27, 2020. On February 24,2021, he loaned an additional $20,000 to the Company. During April 2021, Mr. Webb converted another $14,000 into 1,400,000 shares of common stock. As of June 30, 2021, there is $39,000 and $1,988 of principal and interest due on this loan, respectively.

7. Preferred Stock

7. Preferred Stock	12 Months Ended
	Jun. 30, 2021
Equity [Abstract]
Preferred Stock	NOTE 7 – PREFERRED STOCK Of the 25,000,000 shares of the Company's authorized Preferred Stock, $0.001 par value per share, 1,000,000 are designated Series A preferred stock and 1,900,000 shares are designated as Series B Preferred Stock. Series A Preferred Stock Each Share of Series A preferred stock shall have 500 votes per share and each share can be converted into 500 shares of common stock. The holders of the Series A preferred stock are not entitled to dividends. On July 2, 2020, the Board granted all 1,000,000 shares of the Series A preferred stock to the Company’s Chairman and CEO, Richard Carey, in conversion of $68,556 of accrued compensation. Series B Preferred Stock Only one person or entity, is entitled to be designated as the owner of all of the Series B Preferred Stock (the “Holder”), in whose name the initial certificates representing the Series B Preferred Stock shall be issued. Any transfer of the Series B Preferred Stock to a different Holder must be approved in advance by the Corporation; provided, however, the Holder shall have the right to transfer the Series B Preferred Stock, or any portion thereof, to any affiliate of Holder or nominee of Holder, without the approval of the Corporation. Each share of Preferred Stock shall have one vote per share. Holder is not entitled to dividends or distributions and each share of Series B Preferred Stock shall be convertible at the rate of two Common Shares for each one B Preferred stock. In conjunction with the APA with Troy, the company issued 1,883,000 shares of Series B Preferred Stock, the shares were valued at $0.002 or $7,532 as if they had been converted into 3,666,000 shares of common stock. On October 9, 2019, the parties have agreed to extend the date for filing the registration statement relating to the preferred shares of the Company to be issued to the Troy shareholders and that would in turn extend the date that the shares would become free trading. This extension will be for 150 days for filing the registration statement and obtaining approval for the shares to become free trading. All the remaining terms included in the contract will remain the same.

8. Common Stock

8. Common Stock	12 Months Ended
	Jun. 30, 2021
Equity [Abstract]
Common Stock	NOTE 8 – COMMON STOCK During the year ended June 30, 2020, the Company granted 1,250,000 shares of common stock for services. The shares were valued at $0.001 per share for total non-cash expense of $3,280. During the year ended June 30, 2020, the Company granted 2,960,000 shares of common stock for services. The shares were valued at $0.168 per share for total non-cash expense of $490,560. During the year ended June 30, 2020, the Company sold 6,053,331 shares of common stock for total cash proceeds of $186,632. In addition, the Company issued 1,000,000 shares of common stock that had been purchased in the prior period. Refer to Note 6 for additional shares issued under a convertible promissory note. During the year ended June 30, 2020, the Company issued 2,750,000 shares of common stock in conversion of a $35,250 and $769 of principal and interest, respectively. During the year ended June 30, 2021, the Company granted 1,250,000 shares of common stock for services. The shares were valued at $0.02 per share for total non-cash expense of $25,000. During the year ended June 30, 2021, the Company issued 6,375,000 shares of common stock in conversion of a $83,500 of principal. The Company recognized a $46,200 loss on the conversion. During the year ended June 30, 2021, the Company sold 9,381,000 shares of common stock for total cash proceeds of $129,400, $20,000 of which is a receivable as of June 30, 2021. In addition, the Company has common stock be issued from the sale of $41,633. Refer to Note 5 for stock issuances to related parties.

9. Income Tax

9. Income Tax	12 Months Ended
	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Income Tax	NOTE 9 – INCOME TAX Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company has evaluated Staff Accounting Bulletin No. 118 regarding the impact of the decreased tax rates of the Tax Cuts & Jobs Act. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The U.S. federal income tax rate of 21% is being used due to the new tax law recently enacted. Net deferred tax assets consist of the following components as of June 30: 2021 2020 Deferred Tax Assets: NOL Carryover $ 666,300 $ 560,650 Less valuation allowance (666,300 ) (560,650 ) Net deferred tax assets $ – $ – At June 30, 2021, the Company had net operating loss carry forwards of approximately $666,300 that may be offset against future taxable income. No tax benefit has been reported in the June 30, 2021 or 2020 financial statements since the tax benefit is offset by a valuation allowance of the same amount. On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cut and Jobs Act (the “Tax Act”). The Tax Act establishes new tax laws that affects 2018 and future years, including a reduction in the U.S. federal corporate income tax rate to 21% effective January 1, 2018. Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards for federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carry forwards may be limited as to use in future years. ASC Topic 740 provides guidance on the accounting for uncertainty in income taxes recognized in a company’s financial statements. Topic 740 requires a company to determine whether it is more likely than not that a tax position will be sustained upon examination based upon the technical merits of the position. If the more-likely-than-not threshold is met, a company must measure the tax position to determine the amount to recognize in the financial statements. The Company includes interest and penalties arising from the underpayment of income taxes in the statements of operations in the provision for income taxes. As of June 30, 2021, the Company had no accrued interest or penalties related to uncertain tax positions. With few exceptions, the Company is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for years before 2015.

10. Subsequent Event

10. Subsequent Event	12 Months Ended
	Jun. 30, 2021
Subsequent Events [Abstract]
Subsequent Event	NOTE 10 – SUBSEQUENT EVENTS Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855, from the balance sheet date through the date the financial statements were available to be issued, and has determined that no material subsequent events exist other than the following. Subsequent to June 30, 2021, the Company sold 6,020,000 for total cash proceeds of $550,000. On July 5, 2021, the Company issued 4,770,000 shares of common stock that were sold for $35,000 prior to June 30, 2021. Subsequent to June 30, 2021, the Company paid an invoice of $20,000 for services with 4,444 shares of common stock.

2. Significant And Critical Acc

2. Significant And Critical Accounting Policies and Practices (Policies)	12 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the rules of the Securities and Exchange Commission (“SEC”).
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash equivalents	Cash equivalents The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents for the years ended June 30, 2021 or 2020.
Long Lived Assets	Long Lived Assets Property consists of mining equipment not yet used. Our company assesses the impairment of long-lived assets whenever events or changes in circumstances indicate that the carrying value may not be recoverable. When we determine that the carrying value of long-lived assets may not be recoverable based upon the existence of one or more indicators of impairment and the carrying value of the asset cannot be recovered from projected undiscounted cash flows, we record an impairment charge. Our company measures any impairment based on a projected discounted cash flow method using a discount rate determined by management to be commensurate with the risk inherent in the current business model. Significant management judgment is required in determining whether an indicator of impairment exists and in projecting cash flows.
Stock-based Compensation	Stock-based Compensation The Company records stock-based compensation in accordance with FASB ASC Topic 718, “ Compensation – Stock Compensation Equity Based Payments to Non-Employees
Fair value of financial instruments	Fair value of financial instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1 - Quoted market prices available in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 - Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3 - Unobservable inputs that reflect our assumptions about the assumptions that market participants would use in pricing the asset or liability. The Company’s financial instruments are consisted principally of accrued expenses and short term debt. The carrying amounts of such financial instruments in the accompanying balance sheets approximate their fair values due to their relatively short-term nature.
Net income (loss) per common share	Net income (loss) per common share Net loss per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net loss per common share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per common share is computed by dividing net loss by the weighted average number of shares of common stock and potentially dilutive outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent share arrangements, stock options and warrants. The diluted loss per share is the same as the basic loss per share for the years ended July 31, 2021 and 2020, as the inclusion of any potential shares would have had an antidilutive effect due to our loss from operations.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In November 2019, the FASB issued ASU 2019-10, Financial Instruments—Credit Losses (Topic 326), Derivative and Hedging (Topic 815), and Leases (Topic 842). This new guidance became effective for us on January 1, 2020. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. On January 1, 2020 the Company adopted ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In August 2020, the FASB issued ASU 2020-06 , Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40)—Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity. Derivatives and Hedging Derivatives and Hedging—Contracts in Entity’s Own Equity The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

9. Income Tax (Tables)

9. Income Tax (Tables)	12 Months Ended
	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Schedule of deferred taxes	Net deferred tax assets consist of the following components as of June 30: 2021 2020 Deferred Tax Assets: NOL Carryover $ 666,300 $ 560,650 Less valuation allowance (666,300 ) (560,650 ) Net deferred tax assets $ – $ –

3. Going Concern (Details Narra

3. Going Concern (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ (3,172,791)	$ (2,669,774)
Working capital	(230,346)
Net loss	(503,017)	(1,894,320)
Net cash used in operating activities	$ (355,574)	$ (135,591)

4. Acquisition (Details Narrati

4. Acquisition (Details Narrative)	1 Months Ended	8 Months Ended
	Aug. 13, 2019USD ($)Integerashares	Feb. 16, 2021USD ($)	Jun. 30, 2021USD ($)
Asset Purchase Agreement [Member]
Payment for acquisition	$ 50,000
Asset Purchase Agreement [Member] | Series B Preferred Stock [Member]
Stock issued for acquisition, shares | shares	1,883,000
Troy [Member]
Note Payable			$ 330,000
Troy [Member] | Asset Purchase Agreement [Member]
Number of mining claims | Integer	78
Acreage of mining claims | a	4,800
Payment for acquisition		$ 40,000
Note payable issued	$ 500,000
Note Payable	$ 345,000		$ 330,000

5. Related Party Transactions (

5. Related Party Transactions (Details Narrative) - USD ($)	Jun. 30, 2021	Jun. 30, 2020
Anthony Anish [Member]
Due to related party	$ 0	$ 1,976
Accrued compensation	71,679	3,000
Richard Carey [Member]
Accrued compensation	39,691	46,360
John Baird [Member]
Accrued compensation	$ 60,000	$ 55,000

6. Notes Payable (Details Narra

6. Notes Payable (Details Narrative) - USD ($)	1 Months Ended				3 Months Ended	8 Months Ended	11 Months Ended	12 Months Ended
	Apr. 30, 2021	Jul. 27, 2020	Dec. 31, 2019	Aug. 13, 2019	Oct. 15, 2018	Feb. 24, 2021	Jun. 01, 2018	Jun. 30, 2021	Jun. 30, 2020	Jun. 26, 2020	Jun. 11, 2019
Proceeds from note payable								$ 288,500	$ 89,400
Kok Chee Lee [Member]
Note payable								42,651	42,651
Former Secretary of the Board [Member]
Debt face amount							$ 32,000
Debt stated interest rate							5.00%
Debt maturity date							Dec. 1, 2018
Accrued interest								4,949	1,732
Note in default								32,000	$ 32,000
Former Attorney [Member]
Debt face amount					$ 20,000
Debt stated interest rate					8.00%
Debt maturity date					Oct. 15, 2019
Troy [Member]
Note payable								330,000
Debt face amount											$ 500,000
Repayment of debt			$ 35,000	$ 50,000
An Individual [Member]
Note payable								39,000
Accrued interest								$ 1,988
Proceeds from note payable						$ 20,000				$ 25,000
Debt converted, amount converted	$ 14,000	$ 6,000
Debt converted, shares issued	1,400,000	600,000

7. Preferred Stock (Details Nar

7. Preferred Stock (Details Narrative) - USD ($)	Jul. 02, 2020	Aug. 13, 2019	Jun. 30, 2021	Jun. 30, 2020
Stock issued for acquisition, value				$ 7,532
Stock issued for compensation, value			$ 68,556
Series A Preferred Stock [Member] | Richard Carey [Member]
Stock issued for compensation, shares	1,000,000
Stock issued for compensation, value	$ 68,556
Asset Purchase Agreement [Member] | Series B Preferred Stock [Member]
Stock issued for acquisition, shares		1,883,000
Stock issued for acquisition, value		$ 7,532

8. Common Stock (Details Narrat

8. Common Stock (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Stock issued for services, value	$ 25,000	$ 493,840
Proceeds from sale of stock	129,400	186,632
Loss on conversion of debt	(46,200)	0
Common stock subscription receivable	20,000	9,900
Common stock to be issued	$ 41,633	$ 8,633
Common Stock [Member]
Stock issued previously purchased		1,000,000
Debt converted, stock issued shares	6,375,000	2,750,000
Debt converted, amount converted	$ 83,500	$ 35,250
Stock issued for conversion of interest, value		$ 769
Loss on conversion of debt	$ (46,200)
Common Stock [Member] | Services [Member]
Stock issued for services, shares	1,250,000	1,250,000
Stock issued for services, value	$ 25,000	$ 3,280
Common Stock [Member] | Services [Member]
Stock issued for services, shares		2,960,000
Stock issued for services, value		$ 490,560
Common Stock [Member] | Stock Sale [Member]
Stock sold for cash, shares	9,381,000	6,053,331
Proceeds from sale of stock	$ 129,400	$ 186,632

9. Income Tax (Details - Deferr

9. Income Tax (Details - Deferred taxes) - USD ($)	Jun. 30, 2021	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Deferred tax asssets - NOL carryover	$ 666,300	$ 560,650
Deferred tax asset - valuation allowance	(666,300)	(560,650)
Net deferred tax assets	$ 0	$ 0

9. Income Tax (Details Narrativ

9. Income Tax (Details Narrative)	Jun. 30, 2021USD ($)
Income Tax Disclosure [Abstract]
Net operating loss carryforward	$ 666,300