CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Oct. 31, 2012	Jul. 31, 2012
CURRENT ASSETS
Cash and cash equivalents	$ 17,187,118	$ 25,015,284
Available-for-sale securities	41,492	41,973
Accounts and interest receivable	325,860	273,584
Inventories	1,597,626	1,876,100
Prepaid expenses and deposits	853,696	717,260
Total Current Assets	20,005,792	27,924,201
MINERAL RIGHTS AND PROPERTIES	42,240,501	42,594,920
PROPERTY, PLANT AND EQUIPMENT	8,891,083	9,081,234
RECLAMATION DEPOSITS	5,545,088	5,543,040
Total Assets	76,682,464	85,143,395
CURRENT LIABILITIES
Accounts payable and accrued liabilities	3,659,025	5,271,158
Due to related parties	13,997	47,443
Current portion of asset retirement obligations	97,157	133,298
Total Current Liabilities	3,770,179	5,451,899
DEFERRED INCOME TAX LIABILITIES	791,939	791,939
ASSET RETIREMENT OBLIGATIONS	3,024,578	2,979,076
Total Liabilities	7,586,696	9,222,914
STOCKHOLDERS' EQUITY
Capital stock Common stock $0.001 par value: 750,000,000 shares authorized, 85,243,155 shares issued and outstanding (July 31, 2012 - 84,975,155)	85,244	84,975
Additional paid-in-capital	196,960,003	196,486,881
Share issuance obligation	194,700	194,700
Accumulated deficit	(128,121,571)	(120,823,948)
Accumulated other comprehensive income	(22,608)	(22,127)
Stockholders' Equity	69,095,768	75,920,481
Liabilties and Stockholders' Equity	$ 76,682,464	$ 85,143,395