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Consolidated Balance Sheets - USD ($)
Jul. 31, 2020
Jul. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 5,147,703 $ 6,058,186
Term deposits 11,831,671
Inventories 211,662 211,662
Prepaid expenses and deposits 1,111,152 1,343,458
Other current assets 119,362 264,956
TOTAL CURRENT ASSETS 6,589,879 19,709,933
MINERAL RIGHTS AND PROPERTIES 63,655,503 63,536,895
PROPERTY, PLANT AND EQUIPMENT 7,019,817 7,042,359
RESTRICTED CASH 1,839,216 1,821,392
EQUITY-ACCOUNTED INVESTMENT 11,515,327 8,680,449
OTHER NON-CURRENT ASSETS 769,875 249,214
TOTAL ASSETS 91,389,617 101,040,242
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 1,858,499 3,002,688
Other current liabilities 147,569
Due to a related party 31,334 68,680
TOTAL CURRENT LIABILITIES 2,037,402 3,071,368
LONG-TERM DEBT 19,869,477 19,599,963
GOVERNMENT LOAN PAYABLE 307,092
ASSET RETIREMENT OBLIGATIONS 3,734,314 3,541,082
OTHER NON-CURRENT LIABILITIES 479,714 50,010
DEFERRED TAX LIABILITIES 545,000 550,551
TOTAL LIABILITIES 26,972,999 26,812,974
STOCKHOLDERS' EQUITY    
Common stock $0.001 par value: 750,000,000 shares authorized, 184,635,870 shares issued and outstanding (July 31, 2019 - 180,896,431) 184,636 180,896
Additional paid-in capital 341,059,972 336,047,595
Share issuance obligation 103,554 187,100
Accumulated deficit (276,811,300) (262,200,784)
Accumulated other comprehensive (loss) income (120,244) 12,461
TOTAL EQUITY 64,416,618 74,227,268
TOTAL LIABILITIES AND EQUITY 91,389,617 101,040,242
SUBSEQUENT EVENT