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Note 4 - Property, Plant and Equipment
 12 Months Ended
Jul. 31, 2020
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
NOTE
4
:
PROPERTY, PLANT AND EQUIPMENT
 
Property, plant and equipment consisted of the following:
 
   
July 31, 2020
    
July 31, 2019
  
   
Cost
   
Accumulated
Depreciation
   
Net Book
Value
   
Cost
    
Accumulated
Depreciation
    
Net Book
Value
  
Hobson Processing Facility
  
$
6,642,835
    
$
(773,933
)
  
$
5,868,902
     $
6,642,835
     $
(773,933
 )   $
5,868,902
  
Mining Equipment
  
 
2,393,579
    
 
(2,342,518
)
  
 
51,061
      
2,467,557
      
(2,402,681
 )    
64,876
  
Logging Equipment and Vehicles
  
 
1,924,969
    
 
(1,736,806
)
  
 
188,163
      
1,950,229
      
(1,730,905
 )    
219,324
  
Computer Equipment
  
 
550,243
    
 
(486,467
)
  
 
63,776
      
572,551
      
(546,652
 )    
25,899
  
Furniture and Fixtures
  
 
170,701
    
 
(169,946
)
  
 
755
      
170,701
      
(169,379
 )    
1,322
  
Land and Buildings
  
 
889,606
    
 
(42,446
)
  
 
847,160
      
889,606
      
(27,570
 )    
862,036
  
   
$
12,571,933
    
$
(5,552,116
)
  
$
7,019,817
     $
12,693,479
     $
(5,651,120
 )   $
7,042,359
  
 
Hobson Processing Facility
 
During Fiscal
2019,
the ARO for the Hobson Processing Facility was revised due to changes in the estimated timing of decommissioning activities, which resulted in a reduction of
$176,253
to the ARO asset of the Hobson Processing Facility.
 
During Fiscal
2020,
Fiscal
2019
and Fiscal
2018,
no
material amount of uranium concentrate was processed at the Hobson Processing Facility due to the reduced operations at the Palangana Mine. As a result,
no
depreciation for the Hobson Processing Facility was recorded in our Consolidated Financial Statements for these fiscal years.