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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jan. 31, 2018
Jul. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 3,639,646 $ 12,575,973
Short-term investments 12,183,915 10,000,000
Inventories 211,662 211,662
Prepaid expenses and deposits 1,146,405 685,992
Other current assets 127,032 117,770
Total Current Assets 17,308,660 23,591,397
MINERAL RIGHTS AND PROPERTIES 64,591,266 38,931,976
PROPERTY, PLANT AND EQUIPMENT 7,137,757 6,791,182
RECLAMATION DEPOSITS 1,779,182 1,706,028
EQUITY-ACCOUNTED INVESTMENT 252,909 151,676
OTHER LONG-TERM ASSETS 977,205 1,004,975
Total Assets 92,046,979 72,177,234
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 2,188,131 2,446,854
Due to related parties 1,403 768
Total Current Liabilities 2,189,534 2,447,622
DEFERRED TAX LIABILITIES 1,016,149 609,470
LONG-TERM DEBT 19,860,666 19,254,835
ASSET RETIREMENT OBLIGATIONS 3,912,079 3,729,902
Total Liabilities 26,978,428 26,041,829
STOCKHOLDERS' EQUITY    
Capital stock
Common stock $0.001 par value: 750,000,000 shares authorized, 156,452,824 shares issued and outstanding (July 31, 2017 - 139,815,214) 156,453 139,815
Additional paid-in capital 301,161,319 272,697,152
Share issuance obligation 0 638,142
Accumulated deficit (236,234,655) (227,325,002)
Accumulated other comprehensive loss (14,566) (14,702)
Total Stockholders' Equity 65,068,551 46,135,405
Total Liabilities and Stockholders' Equity 92,046,979 72,177,234
COMMITMENTS AND CONTINGENCIES