CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)	3 Months Ended		9 Months Ended
	Apr. 30, 2012	Apr. 30, 2011	Apr. 30, 2012	Apr. 30, 2011
SALES	$ 0	$ 0	$ 6,240,000	$ 0
COST OF SALES	0	0	3,160,854	0
TOTAL REVENUE	0	0	3,079,146	0
EXPENSES
Mineral property expenditures	4,011,989	2,923,975	10,907,280	8,460,966
General and administrative	3,763,968	2,964,021	11,369,217	12,474,615
Impairment loss on mineral properties	0	128,339	0	128,339
Depreciation, amortization and accretion	314,648	252,160	935,124	768,329
Total Operating Expenses	8,090,605	6,268,495	23,211,621	21,832,249
LOSS BEFORE OTHER ITEMS	(8,090,605)	(6,268,495)	(20,132,475)	(21,832,249)
OTHER ITEMS
Interest income	18,601	13,876	53,044	34,279
Interest expense	(32,372)	0	(32,372)	0
Loss on disposition of assets	0	0	(501)	(5,267)
Gain on sale of investments	0	8,652	0	8,652
Loss on fair value of convertible debentures	(1,242)	0	(49,681)	0
Loss on settlement of convertible debentures	(134,805)	0	(312,207)	0
Gain on settlement of accounts payable	16,072	0	144,285	0
Total Non-Operating Income Expense	(133,746)	22,528	(197,432)	37,664
NET LOSS FOR THEPERIOD	(8,224,351)	(6,245,967)	(20,329,907)	(21,794,585)
OTHER COMPREHENSIVE (LOSS) INCOME, NET OF INCOMETAXES	(982)	40,242	(15,167)	101,569
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD	$ (8,225,333)	$ (6,205,725)	$ (20,345,074)	$ (21,693,016)
NET LOSS PER SHARE, BASIC AND DILUTED	$ (0.1)	$ (0.09)	$ (0.27)	$ (0.32)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED	78,443,518	71,339,133	76,135,321	67,431,486