SEGMENTED INFORMATION

6 Months Ended

Jan. 31, 2018

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

NOTE 14: SEGMENTED INFORMATION

We currently operate in one reportable segment which is focused on uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates.

At January 31, 2018, our long-term assets located in the United States totaled $59,525,044 or 80% of our total long-term assets of $74,738,319.

 

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

	January 31, 2018
	United States
Balance Sheet Items	Texas		Arizona		Wyoming		Other States		Canada		Paraguay		Total
Mineral Rights and Properties	$	12,754,890	$	11,044,018	$	25,553,807	$	724,966	$	-	$	14,513,585	$	64,591,266
Property, Plant and Equipment		6,386,995		-		366,052		-		27,396		357,314		7,137,757
Reclamation Deposits		1,690,209		15,000		73,973		-		-		-		1,779,182
Equity-Accounted Investment		-		-		-		-		252,909		-		252,909
Other Long-Term Assets		519,907		-		395,227		-		62,071		-		977,205
Total Long-Term Assets	$	21,352,001	$	11,059,018	$	26,389,059	$	724,966	$	342,376	$	14,870,899	$	74,738,319

	July 31, 2017
	United States
Balance Sheet Items	Texas		Arizona		Wyoming		Other States		Canada		Paraguay		Total
Mineral Rights and Properties	$	12,780,728	$	10,932,199	$	-	$	705,464	$	-	$	14,513,585	$	38,931,976
Property, Plant and Equipment		6,414,329		-		-		-		11,185		365,668		6,791,182
Reclamation Deposits		1,690,209		15,000		-		819		-		-		1,706,028
Equity-Accounted Investment		-		-		-		-		151,676		-		151,676
Other Long-Term Assets		422,769		-		582,206		-		-		-		1,004,975
Total Long-Term Assets	$	21,308,035	$	10,947,199	$	582,206	$	706,283	$	162,861	$	14,879,253	$	48,585,837

The tables below provide a breakdown of our operating results by geographic segments for the three and six months ended January 31, 2018 and 2017. All intercompany transactions have been eliminated.

	Three Months Ended January 31, 2018
	United States
Statement of Operations	Texas		Arizona		Wyoming		Other States		Canada		Paraguay		Total
Costs and Expenses:
Mineral property expenditures	$	467,284	$	22,822	$	245,825	$	16,189	$	-	$	228,095	$	980,215
General and administrative		1,706,667		3,710		491,361		1,122		662,442		(1,137)		2,864,165
Depreciation, amortization and accretion		81,998		-		3,796		249		2,035		1,359		89,437
Impairment loss on mineral properties		-		-		-		-		-		-		-
		2,255,949		26,532		740,982		17,560		664,477		228,317		3,933,817
Loss from operations		(2,255,949)		(26,532)		(740,982)		(17,560)		(664,477)		(228,317)		(3,933,817)
Other income (expenses)		(551,416)		(4,768)		709		-		(108,789)		(2,829)		(667,093)
Loss before income taxes	$	(2,807,365)	$	(31,300)	$	(740,273)	$	(17,560)	$	(773,266)	$	(231,146)	$	(4,600,910)

	Three Months Ended January 31, 2017
	United States
Statement of Operations	Texas		Arizona		Wyoming		Other States		Canada		Paraguay		Total
Costs and Expenses:
Mineral property expenditures	$	449,523	$	22,751	$	-	$	14,868	$	-	$	580,304	$	1,067,446
General and administrative		1,607,974		5,340		-		1,068		614,851		12,014		2,241,247
Depreciation, amortization and accretion		127,022		-		-		249		1,991		(1,007)		128,255
Impairment loss on mineral properties		154,774		-		-		-		-		-		154,774
		2,339,293		28,091		-		16,185		616,842		591,311		3,591,722
Loss from operations		(2,339,293)		(28,091)		-		(16,185)		(616,842)		(591,311)		(3,591,722)
Other income (expenses)		(744,042)		(4,768)		-		-		(399)		2		(749,207)
Loss before income taxes	$	(3,083,335)	$	(32,859)	$	-	$	(16,185)	$	(617,241)	$	(591,309)	$	(4,340,929)

	Six Months Ended January 31, 2018
	United States
Statement of Operations	Texas		Arizona		Wyoming		Other States		Canada		Paraguay		Total
Costs and Expenses:
Mineral property expenditures	$	1,183,908	$	46,562	$	969,216	$	36,359	$	-	$	420,870	$	2,656,915
General and administrative		3,160,538		7,099		523,793		2,244		1,358,369		67,084		5,119,127
Depreciation, amortization and accretion		167,784		-		5,409		498		4,117		1,964		179,772
Impairment loss on mineral properties		-		-		-		-		-		-		-
Inventory write-down		-		-		-		-		-		-		-
		4,512,230		53,661		1,498,418		39,101		1,362,486		489,918		7,955,814
Loss from operations		(4,512,230)		(53,661)		(1,498,418)		(39,101)		(1,362,486)		(489,918)		(7,955,814)
Other income (expenses)		(1,211,396)		(9,535)		1,490		-		-		9,317		(1,210,124)
Loss before income taxes	$	(5,723,626)	$	(63,196)	$	(1,496,928)	$	(39,101)	$	(1,362,486)	$	(480,601)	$	(9,165,938)

	Six Months Ended January 31, 2017
	United States
Statement of Operations	Texas		Arizona		Wyoming		Other States		Canada		Paraguay		Total
Costs and Expenses:
Mineral property expenditures	$	948,807	$	46,512	$	-	$	32,830	$	-	$	929,415	$	1,957,564
General and administrative		3,265,437		26,983		-		2,135		1,193,708		35,222		4,523,485
Depreciation, amortization and accretion		275,067		-		-		498		3,968		74		279,607
Impairment loss on mineral properties		185,942		8,334		-		103,666		-		-		297,942
Inventory write-down		60,694		-		-		-		-		-		60,694
		4,735,947		81,829		-		139,129		1,197,676		964,711		7,119,292
Loss from operations		(4,735,947)		(81,829)		-		(139,129)		(1,197,676)		(964,711)		(7,119,292)
Other income (expenses)		(1,473,252)		(9,535)		-		-		(399)		39		(1,483,147)
Loss before income taxes	$	(6,209,199)	$	(91,364)	$	-	$	(139,129)	$	(1,198,075)	$	(964,672)	$	(8,602,439)