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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Oct. 31, 2020
Jul. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 6,700,603 $ 5,147,703
Term deposits 10,000,000
Inventories 211,662 211,662
Prepaid expenses and deposits 1,118,616 1,111,152
Other current assets 112,659 119,362
TOTAL CURRENT ASSETS 18,143,540 6,589,879
MINERAL RIGHTS AND PROPERTIES 63,655,128 63,655,503
PROPERTY, PLANT AND EQUIPMENT 6,974,999 7,019,817
RESTRICTED CASH 1,839,260 1,839,216
EQUITY-ACCOUNTED INVESTMENT 10,874,483 11,515,327
OTHER NON-CURRENT ASSETS 726,351 769,875
TOTAL ASSETS 102,213,761 91,389,617
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 1,702,598 1,858,499
Due to a related party 16,557 31,334
Other current liabilities 103,128 147,569
Current portion of long-term debt 2,000,000
TOTAL CURRENT LIABILITIES 3,822,283 2,037,402
LONG-TERM DEBT 18,313,344 19,869,477
GOVERNMENT LOAN PAYABLE 307,285 307,092
ASSET RETIREMENT OBLIGATIONS 3,785,399 3,734,314
OTHER NON-CURRENT LIABILITIES 482,694 479,714
DEFERRED TAX LIABILITIES 544,184 545,000
TOTAL LIABILITIES 27,255,189 26,972,999
STOCKHOLDERS' EQUITY    
Common stock $0.001 par value: 750,000,000 shares authorized, 197,376,792 shares issued and outstanding (July 31, 2020 - 184,635,870) 197,377 184,636
Additional paid-in capital 356,459,640 341,059,972
Share issuance obligation 133,875 103,554
Accumulated deficit (281,774,837) (276,811,300)
Accumulated other comprehensive loss (57,483) (120,244)
TOTAL EQUITY 74,958,572 64,416,618
TOTAL LIABILITIES AND EQUITY $ 102,213,761 $ 91,389,617