MINERAL RIGHTS AND PROPERTIES (Tables)

6 Months Ended

Jan. 31, 2018

Mineral rights and property acquisition costs consisted of the following:

	January 31, 2018		July 31, 2017
Mineral Rights and Properties
Palangana Mine	$	6,285,898	$	6,285,898
Goliad Project		8,689,127		8,689,127
Burke Hollow Project		1,495,750		1,495,750
Longhorn Project		116,870		116,870
Salvo Project		14,905		14,905
Anderson Project		9,154,268		9,154,268
Workman Creek Project		1,632,500		1,520,680
Los Cuatros Project		257,250		257,250
Slick Rock Project		635,650		615,650
Reno Creek Project		25,553,807		-
Yuty Project		11,947,144		11,947,144
Oviedo Project		1,133,412		1,133,412
Alto Paraná Titanium Project		1,433,030		1,433,030
Other Property Acquisitions		91,080		91,080
		68,440,691		42,755,064
Accumulated Depletion		(3,929,884)		(3,929,884)
		64,510,807		38,825,180

Databases		2,410,038		2,410,038
Accumulated Amortization		(2,398,694)		(2,392,196)
		11,344		17,842

Land Use Agreements		404,310		404,310
Accumulated Amortization		(335,195)		(315,356)
		69,115		88,954
	$	64,591,266	$	38,931,976

Mineral property expenditures incurred by major projects were as follows:

	Three Months Ended January 31,				Six Months Ended January 31,
	2018		2017		2018		2017
Mineral Property Expenditures
Palangana Mine	$	237,215	$	184,277	$	476,530	$	385,649
Goliad Project		19,899		19,849		42,715		49,879
Burke Hollow Project		83,555		110,675		417,792		150,316
Longhorn Project		3,265		906		6,072		1,053
Salvo Project		6,702		6,843		13,636		15,009
Anderson Project		14,572		269		30,030		15,504
Workman Creek Project		7,673		7,673		15,955		15,920
Slick Rock Project		14,192		12,206		27,805		24,552
Reno Creek Project		244,982		-		968,372		-
Yuty Project		134,228		102,037		225,196		191,712
Oviedo Project		19,046		68,402		81,242		215,070
Alto Paraná Titanium Project		74,821		409,865		114,432		522,633
Other Mineral Property Expenditures		120,065		144,444		237,138		370,267
	$	980,215	$	1,067,446	$	2,656,915	$	1,957,564