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Consolidated Balance Sheets - USD ($)
Jul. 31, 2019
Jul. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 6,058,186 $ 6,926,523
Term deposits 11,831,671
Inventories 211,662 211,662
Prepaid expenses and deposits 1,343,458 1,023,183
Other current assets 264,956 179,360
19,709,933 8,340,728
MINERAL RIGHTS AND PROPERTIES 63,536,895 71,122,576
PROPERTY, PLANT AND EQUIPMENT 7,042,359 7,101,552
RESTRICTED CASH 1,821,392 1,789,899
EQUITY-ACCOUNTED INVESTMENT 8,680,449 693,502
OTHER LONG-TERM ASSETS 249,214 563,052
101,040,242 89,611,309
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 3,002,688 2,314,763
Due to a related party 68,680 807
Current portion of long-term debt 10,000,000
3,071,368 12,315,570
LONG-TERM DEBT 19,599,963 9,534,974
ASSET RETIREMENT OBLIGATIONS 3,541,082 4,020,282
LONG-TERM LEASE LIABILITIES 50,010
DEFERRED TAX LIABILITIES 550,551 564,923
26,812,974 26,435,749
STOCKHOLDERS' EQUITY    
Common stock $0.001 par value: 750,000,000 shares authorized, 180,896,431 shares issued and outstanding (July 31, 2018 - 161,175,764) 180,896 161,176
Additional paid-in capital 336,047,595 308,062,379
Share issuance obligation 187,100
Accumulated deficit (262,200,784) (245,151,636)
Accumulated other comprehensive income 12,461 103,641
74,227,268 63,175,560
101,040,242 89,611,309
COMMITMENTS AND CONTINGENCIES
SUBSEQUENT EVENTS