SEGMENTED INFORMATION

9 Months Ended

Apr. 30, 2014

SEGMENTED INFORMATION [Text Block]

NOTE 12: SEGMENTED INFORMATION

The Company currently operates in a single reportable segment and is focused on uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates.

As at April 30, 2014, long-term assets located in the U.S. totaled $41,295,155, or 76% of the Company's total long-term assets of $54,420,624.

The table below provides a breakdown of the Company's long-term assets by geographic segments:

		April 30, 2014
Balance Sheet Items		United States						Canada		Paraguay		Total
		Texas		Arizona		Other States
Deferred Financing Costs	$	188,574	$	-	$	-	$	-	$	-	$	188,574
Mineral Rights and Properties		15,060,958		10,796,902		1,063,283		-		13,080,555		40,001,698
Property, Plant and Equipment		8,142,634		-		743		16,736		28,178		8,188,291
Reclamation Deposits		6,026,246		15,000		815		-		-		6,042,061
Total Long-Term Assets	$	29,418,412	$	10,811,902	$	1,064,841	$	16,736	$	13,108,733	$	54,420,624

		July 31, 2013
Balance Sheet Items		United States						Canada		Paraguay		Total
		Texas		Arizona		Other States
Deferred Financing Costs	$	200,141	$	-	$	-	$	-	$	-	$	200,141
Mineral Rights and Properties		16,911,826		10,712,052		1,081,419		-		13,080,555		41,785,852
Property, Plant and Equipment		8,597,774		4,297		24,459		34,840		33,907		8,695,277
Reclamation Deposits		6,025,095		15,000		814		-		-		6,040,909
Total Long-Term Assets	$	31,734,836	$	10,731,349	$	1,106,692	$	34,840	$	13,114,462	$	56,722,179

The tables below provide a breakdown of the Company's operating results by geographic segments. All intercompany transactions have been eliminated.

					Three Months Ended April 30, 2014
Statement of Operations		United States									Canada			Paraguay			Total
		Texas			Arizona			Other States
Sales	$	-		$	-		$	-		$	-		$	-		$	-
Costs and Expenses:
Cost of sales		-			-			-			-			-			-
Inventory write-down		338,101			-			-			-			-			338,101
Mineral property expenditures		2,060,823			49,218			23,533			-			605,775			2,739,349
General and administrative		993,390			37,501			12,751			776,584			(11,831	)		1,808,395
Depreciation, amortization and accretion		568,521			-			780			4,713			3,031			577,045
Impairment loss on mineral property		428,164			-			-			-			-			428,164
		4,388,999			86,719			37,064			781,297			596,975			5,891,054
Loss from operations		(4,388,999	)		(86,719	)		(37,064	)		(781,297	)		(596,975	)		(5,891,054	)
Other (income) and expenses		801,086			5,020			-			(36	)		(17	)		806,053
Net loss for the period	$	(5,190,085	)	$	(91,739	)	$	(37,064	)	$	(781,261	)	$	(596,958	)	$	(6,697,107	)

		Three Months Ended April 30, 2013
Statement of Operations		United States									Canada			Paraguay			Total
		Texas			Arizona			Other States
Sales	$	2,789,325		$	-		$	-		$	-		$	-		$	2,789,325
Costs and Expenses:
Cost of sales		2,271,267			-			-			-			-			2,271,267
Mineral property expenditures		1,595,302			505			116,299			-			115,041			1,827,147
General and administrative		1,160,988			31,478			38,742			1,015,870			(2,396	)		2,244,682
Depreciation, amortization and accretion		324,844			758			6,950			9,458			2,970			344,980
		5,352,401			32,741			161,991			1,025,328			115,615			6,688,076
Loss from operations		(2,563,076	)		(32,741	)		(161,991	)		(1,025,328	)		(115,615	)		(3,898,751	)
Other (income) and expenses		(3,642	)		5,020			-			(80	)		(4	)		1,294
Net loss for the period	$	(2,559,434	)	$	(37,761	)	$	(161,991	)	$	(1,025,248	)	$	(115,611	)	$	(3,900,045	)

		Nine Months Ended April 30, 2014
Statement of Operations		United States									Canada			Paraguay			Total
		Texas			Arizona			Other States
Sales	$	-		$	-		$	-		$	-		$	-		$	-
Costs and Expenses:
Cost of sales		-			-			-			-			-			-
Inventory write-down		730,250			-			-			-			-			730,250
Mineral property expenditures		5,676,286			230,749			173,757			-			830,720			6,911,512
General and administrative		4,165,060			182,147			77,714			2,766,689			5,054			7,196,664
Depreciation, amortization and accretion		1,729,640			758			6,690			19,944			8,973			1,766,005
Impairment loss on mineral property		428,164			-			28,891			-			-			457,055
		12,729,400			413,654			287,052			2,786,633			844,747			17,061,486
Loss from operations		(12,729,400	)		(413,654	)		(287,052	)		(2,786,633	)		(844,747	)		(17,061,486	)
Other (income) and expenses		2,676,947			15,398			-			2,154			(50	)		2,694,449
Net loss for the period	$	(15,406,347	)	$	(429,052	)	$	(287,052	)	$	(2,788,787	)	$	(844,697	)	$	(19,755,935	)

		Nine Months Ended April 30, 2013
Statement of Operations		United States									Canada			Paraguay			Total
		Texas			Arizona			Other States
Sales	$	7,046,325		$	-		$	-		$	-		$	-		$	7,046,325
Costs and Expenses:
Cost of sales		6,225,661			-			-			-			-			6,225,661
Mineral property expenditures		7,049,924			126,655			364,524			-			568,593			8,109,696
General and administrative		4,610,551			106,266			127,265			3,432,314			887			8,277,283
Depreciation, amortization and accretion		1,146,764			2,275			26,819			31,820			8,885			1,216,563
		19,032,900			235,196			518,608			3,464,134			578,365			23,829,203
Loss from operations		(11,986,575	)		(235,196	)		(518,608	)		(3,464,134	)		(578,365	)		(16,782,878	)
Other (income) and expenses		(2,352	)		16,319			-			(43	)		(10,924	)		3,000
Net loss for the period	$	(11,984,223	)	$	(251,515	)	$	(518,608	)	$	(3,464,091	)	$	(567,441	)	$	(16,785,878	)