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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
3 Months Ended 6 Months Ended
Jan. 31, 2018
Jan. 31, 2017
Jan. 31, 2018
Jan. 31, 2017
COSTS AND EXPENSES        
Mineral property expenditures $ 980,215 $ 1,067,446 $ 2,656,915 $ 1,957,564
General and administrative 2,864,165 2,241,247 5,119,127 4,523,485
Depreciation, amortization and accretion 89,437 128,255 179,772 279,607
Impairment loss on mineral properties 0 154,774 0 297,942
Inventory write-down 0 0 0 60,694
Total Operating Expenses 3,933,817 3,591,722 7,955,814 7,119,292
LOSS FROM OPERATIONS (3,933,817) (3,591,722) (7,955,814) (7,119,292)
OTHER INCOME (EXPENSES)        
Interest income 86,886 1,267 149,868 5,430
Other income 10,344 0 35,834 0
Interest expenses and finance costs (756,293) (749,419) (1,496,585) (1,487,522)
Share of (loss) gain from equity-accounted investment (7,556) 0 101,233 0
Loss on disposition of assets (474) (1,055) (474) (1,055)
Total Non-Operating Income Expense (667,093) (749,207) (1,210,124) (1,483,147)
LOSS BEFORE INCOME TAXES (4,600,910) (4,340,929) (9,165,938) (8,602,439)
DEFERRED TAX BENEFITS 247,097 8,560 256,285 17,376
NET LOSS FOR THE PERIOD (4,353,813) (4,332,369) (8,909,653) (8,585,063)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF INCOME TAXES (247) 42 136 2
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD $ (4,354,060) $ (4,332,327) $ (8,909,517) $ (8,585,061)
NET LOSS PER SHARE, BASIC AND DILUTED $ (0.03) $ (0.04) $ (0.06) $ (0.07)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED 156,207,557 119,891,769 155,170,537 118,495,845