MINERAL RIGHTS AND PROPERTIES (Tables)

12 Months Ended

Jul. 31, 2018

Mineral Industries Disclosures [Line Items]

Schedule Of Mineral Rights and Property Acquisition Costs [Table Text Block]

Mineral rights and property acquisition costs consisted of the following:

	July 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		1,657,500			1,520,680
Los Cuatros Project		257,250			257,250
Slick Rock Project		646,650			615,650
Reno Creek Project		31,527,870			-
Diabase Project		546,938			-
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
		74,997,692			42,755,064
Accumulated Depletion		(3,929,884	)		(3,929,884	)
		71,067,808			38,825,180
Databases		2,410,038			2,410,038
Accumulated Amortization		(2,405,192	)		(2,392,196	)
		4,846			17,842
Land Use Agreements		404,310			404,310
Accumulated Amortization		(354,388	)		(315,356	)
		49,922			88,954
	$	71,122,576		$	38,931,976

Schedule Of Finitelived Mineral Rights And Properties Future Estimated Amortization And Depletion Expense [Table Text Block]

The estimated depletion and amortization of mineral rights and properties for the next five fiscal years are as follows:

Fiscal 2019	$	39,376
Fiscal 2020		11,350
Fiscal 2021		1,542
Fiscal 2022		1,500
Fiscal 2023		290,632
Total	$	344,400

Schedule Of Mineral Property Expenditures Incurred by Major Projects [Table Text Block]

Mineral property expenditures incurred by major projects were as follows:

	Year Ended July 31,
	2018		2017			2016
Mineral Property Expenditures
Palangana Mine	$	1,047,635	$	880,633		$	1,273,002
Goliad Project		105,264		114,286			92,588
Burke Hollow Project		675,605		1,020,965			1,034,888
Longhorn Project		14,401		32,796			10,149
Salvo Project		36,056		37,551			34,289
Anderson Project		68,167		68,303			178,212
Workman Creek Project		31,300		31,265			32,820
Slick Rock Project		52,218		44,231			53,861
Reno Creek Project		1,278,959		-			-
Yuty Project		425,298		365,517			388,840
Oviedo Project		119,082		331,798			569,077
Alto Paraná Titanium Project		175,768		800,023			-
Other Mineral Property Expenditures		522,398		580,275			701,831
Revaluation of Asset Retirement Obligations		-		(187,255	)		(308,398	)
	$	4,552,151	$	4,120,388		$	4,061,159

CIC Resources Inc [Member]

Mineral Industries Disclosures [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Upon exercise of the CIC Option, the fair value of consideration previously transferred for the JDL Acquisition and its allocation to the identifiable assets acquired and liabilities assumed from CIC are summarized as follows:

Consideration transferred
Consideration previously transferred	$	1,303,388
CIC Option exercise payment		275,000
Transaction costs		57,926
	$	1,636,314
Assets acquired and liabilities assumed
Cash	$	34,972
Prepaid expenses		18,727
Due from JDL		279,489
Mineral rights & properties		1,433,030
Accounts payable & accrued liabilities		(26,954	)
Asset retirement obligation		(102,950	)
	$	1,636,314