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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
3 Months Ended 6 Months Ended
Jan. 31, 2013
Jan. 31, 2012
Jan. 31, 2013
Jan. 31, 2012
SALES $ 2,103,750 $ 3,120,000 $ 4,257,000 $ 6,240,000
COST OF SALES 2,091,285 1,740,768 3,954,394 3,160,854
GROSS PROFIT 12,465 1,379,232 302,606 3,079,146
EXPENSES        
Mineral property expenditures 1,905,264 4,162,690 6,282,549 6,895,291
General and administrative 3,307,664 3,715,568 6,032,601 7,605,249
Depreciation, amortization and accretion 375,236 321,897 871,583 620,476
Total Operating Expenses 5,588,164 8,200,155 13,186,733 15,121,016
LOSS BEFORE OTHER ITEMS (5,575,699) (6,820,923) (12,884,127) (12,041,870)
OTHER ITEMS        
Interest income 9,654 15,645 24,232 34,443
Interest expense (5,189) 0 (11,299) 0
Gain (loss) on disposition of assets 4,963 (501) 4,963 (501)
Loss on fair value of convertible debentures 0 (22,484) 0 (48,439)
Gain (loss) on settlement of convertible debentures 0 152,806 0 (177,402)
Gain on settlement of accounts payable 0 128,213 10,909 128,213
Loss on settlement of asset retirement obligations (21,939) 0 (30,511) 0
Total Non-Operating Income Expense (12,511) 273,679 (1,706) (63,686)
NET LOSS FOR THE PERIOD (5,588,210) (6,547,244) (12,885,833) (12,105,556)
OTHER COMPREHENSIVE (LOSS) INCOME, NET OF INCOME TAXES (3,678) 268 (4,159) (14,185)
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD $ (5,591,888) $ (6,546,976) $ (12,889,992) $ (12,119,741)
NET LOSS PER SHARE, BASIC AND DILUTED $ (0.06) $ (0.09) $ (0.15) $ (0.16)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED 85,293,298 75,515,864 85,233,112 75,006,312