CAPITAL STOCK (Tables)

6 Months Ended

Jan. 31, 2018

Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

A summary of the share transactions for the six months ended January 31, 2018 are as follows:

	Common		Value per Share				Issuance
Period / Description	Shares Issued		Low		High		Value
Balance, July 31, 2017		139,815,124
Mineral Property		46,134	$	1.34	$	1.34	$	61,820
Reno Creek Acquisition		14,852,450		1.30		1.37		20,332,617
Reimbursable Expenses for Reno Creek Acquisition		353,160		1.37		1.37		483,829
Consulting Services		124,469		1.19		1.73		192,403
Options Exercised ⁽¹⁾		66,516		0.45		0.93		31,860
Settlement of Current Liabilities		104,706		1.35		1.35		141,678
Shares Issued Under 2017 Stock Incentive Plan		591,496		1.28		1.60		785,329
Balance, October 31, 2017		155,954,055
Consulting Services		55,909		1.49		1.84		91,903
Options Exercised ⁽²⁾		184,416		0.45		1.32		163,534
Shares Issued Under 2017 Stock Incentive Plan		258,444		1.06		1.77		341,667
Balance, January 31, 2018		156,452,824

(1)

111,250 stock options were exercised on a forfeiture basis, resulting in 66,516 net shares being issued.

(2)

171,250 stock options were exercised on a forfeiture basis, resulting in 74,416 net shares being issued.

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

A summary of share purchase warrants outstanding and exercisable at January 31, 2018 are as follows:

Weighted Average Exercise Price		Number of Warrants Outstanding		Expiry Date	Weighted Average Remaining Contractual Life (Years)
$	1.20		4,604,631	March 10, 2019		1.10
	1.35		2,600,000	January 30, 2020		2.00
	1.95		50,000	June 3, 2018		0.34
	2.00		9,571,929	January 20, 2020		1.97
	2.30		11,308,728	August 9, 2022		4.52
	2.35		2,850,000	June 25, 2018		0.40
$	1.97		30,985,288			2.63

Schedule of Share based Compensation Arrangement by Share based Payment Award Options Grants in Period Activity [Table Text Block]

A summary of stock options granted by the Company during the six months ended January 31, 2018, including corresponding grant date fair values and assumptions using the Black Scholes option pricing model is as follows:

Date	Options Issued		Exercise Price		Term (Years)	Fair Value		Expected Life (Years)	Risk-Free Interest Rate			Dividend Yield			Expected Volatility
August 22, 2017		1,754,000	$	1.28	5.00	$	1,112,090	3.10		1.49	%		0.00	%		73.68	%
August 22, 2017		100,000		1.28	5.00		67,998	2.90		1.46	%		0.00	%		83.16	%
November 1, 2017		150,000		1.09	5.00		78,460	2.80		1.71	%		0.00	%		74.54	%
Total		2,004,000				$	1,258,548

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A continuity schedule of outstanding stock options for the underlying shares for the three and six months ended January 31, 2018 is as follows:

	Number of Stock Options		Weighted Average Exercise Price
Balance, July 31, 2017		12,260,500	$	1.33
Granted		1,854,000		1.28
Exercised		(111,250)		0.50
Balance, October 31, 2017		14,003,250	$	1.33
Granted		150,000		1.09
Exercised		(281,250)		0.97
Forfeited		(51,250)		1.23
Balance, January 31, 2018		13,820,750	$	1.34

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

A summary of stock options outstanding and exercisable at January 31, 2018 is as follows:

	Options Outstanding						Options Exercisable
Range of Exercise Prices	Outstanding at January 31, 2018		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Exercisable at January 31, 2018		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)
$0.45 to $1.06		2,671,750	$	0.80		2.51		2,626,125	$	0.80		2.49
$1.07 to $2.00		9,876,500		1.28		2.42		8,013,000		1.29		1.93
$2.01 to $3.86		1,272,500		2.89		2.83		1,272,500		2.89		2.83
		13,820,750	$	1.34		2.47		11,911,625	$	1.35		2.15

Schedule Of Stock based Compensation Expense [Table Text Block]

A summary of stock-based compensation expense is as follows:

	Three Months Ended January 31,				Six Months Ended January 31,
	2018		2017		2018		2017
Stock-Based Compensation for Consultants
Common stock issued for consulting services	$	157,599	$	252,895	$	438,778	$	522,027
Stock options issued to consultants		341,788		199,979		341,619		278,251
		499,387		452,874		780,397		800,278
Stock-Based Compensation for Management
Common stock issued to management		34,230		54,693		69,244		142,893
Stock options issued to management		86,650		122,326		180,981		367,345
		120,880		177,019		250,225		510,238
Stock-Based Compensation for Employees
Common stock issued to employees		201,714		106,101		377,036		216,447
Stock options issued to employees		152,114		93,046		334,731		287,338
		353,828		199,147		711,767		503,785

Settlement of share issuance obligation		-		-		(127,615)		-
	$	974,095	$	829,040	$	1,614,774	$	1,814,301

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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