XML 14 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Apr. 30, 2019
Apr. 30, 2018
COSTS AND EXPENSES        
Mineral property expenditures $ 1,453,358 $ 981,493 $ 3,218,818 $ 3,638,408
General and administrative 1,952,616 2,407,571 6,395,014 7,526,698
Depreciation, amortization and accretion 86,387 88,294 259,970 268,066
3,492,361 3,477,358 9,873,802 11,433,172
LOSS FROM OPERATIONS (3,492,361) (3,477,358) (9,873,802) (11,433,172)
OTHER INCOME (EXPENSES)        
Interest income 136,173 38,467 311,155 188,335
Interest expenses and finance costs (815,258) (710,000) (2,383,916) (2,206,585)
(Loss) income from equity-accounted investment (872,851) (10,134) (590,819) 91,099
Other income 17,837 1,649 114,092 37,483
Gain (loss) on disposition of assets 7,598 (1,222) 1,591,362 (1,696)
(1,526,501) (681,240) (958,126) (1,891,364)
LOSS BEFORE INCOME TAXES (5,018,862) (4,158,598) (10,831,928) (13,324,536)
DEFERRED TAX BENEFITS 1,305 11,952 13,271 268,237
NET LOSS FOR THE PERIOD (5,017,557) (4,146,646) (10,818,657) (13,056,299)
OTHER COMPREHENSIVE (LOSS) INCOME, NET OF INCOME TAXES (159,954) 252 (121,722) 388
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD $ (5,177,511) $ (4,146,394) $ (10,940,379) $ (13,055,911)
NET LOSS PER SHARE, BASIC AND DILUTED (in dollars per share) $ (0.03) $ (0.03) $ (0.06) $ (0.08)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED (in shares) 179,348,614 157,704,601 174,213,254 155,996,660