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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Jul. 31, 2016
CASH PROVIDED BY (USED IN): OPERATING ACTIVITIES      
Net loss for the year $ (17,826,634) $ (17,971,056) $ (17,329,872)
Adjustments to reconcile net loss to cash flows in operating activities      
Stock-based compensation 3,504,058 3,769,370 3,084,163
Depreciation, amortization and accretion 354,624 497,728 875,724
Amortization of long-term debt discount 1,180,139 1,156,657 1,245,615
Impairment loss on mineral properties 0 297,942 97,114
Inventory write-down 0 60,694 0
Re-valuation of asset retirement obligations 0 (187,255) (308,398)
Loss on disposition of assets 1,696 1,055 2,186
Deferred tax benefits (707,511) (34,355) (32,239)
Share of gain from equity-accounted investment (423,657) 0 0
Loss on settlement of liabilities 0 49,002 46,968
Reimbursable Expenses for Reno Creek Acquisition 483,829 0 0
Changes in operating assets and liabilities      
Inventories 0 2,960 (23,317)
Prepaid expenses and deposits 302,258 190,580 (85,673)
Other current assets (61,416) (68,965) (30,165)
Accounts payable and accrued liabilities 681,286 1,816,199 (622,713)
NET CASH FLOWS USED IN OPERATING ACTIVITIES (12,511,328) (10,419,444) (13,080,607)
FINANCING ACTIVITIES      
Shares issuance for cash, net of issuance costs 604,209 26,889,996 10,209,632
Due to a related party 39 768 (14,660)
NET CASH FLOWS PROVIDED BY FINANCING ACTIVITIES 604,248 26,890,764 10,194,972
INVESTING ACTIVITIES      
Net cash received from asset acquisition 215,065 34,972 (46,084)
Investment in mineral rights and properties (3,588,759) 0 0
Purchase of property, plant and equipment (12,304) (56,407) (18,934)
Purchase of equity-accounted investment 0 (151,676) 0
Increase in other long-term assets (346,474) (864,806) 0
Purchase of short-term investments (21,771,253) (16,000,671) 0
Redemption of short-term investments 31,771,253 6,000,671 0
Proceeds from disposition of assets 0 0 818
Increase in reclamation deposits (9,898) (1) (2)
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES 6,257,630 (11,037,918) (64,202)
NET CASH FLOWS (5,649,450) 5,433,402 (2,949,837)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 12,575,973 7,142,571 10,092,408
CASH AND CASH EQUIVALENTS, END OF YEAR $ 6,926,523 $ 12,575,973 $ 7,142,571