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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Apr. 30, 2021
Apr. 30, 2020
COSTS AND EXPENSES        
Mineral property expenditures $ 1,478,754 $ 956,564 $ 3,141,772 $ 3,803,338
General and administrative 3,286,201 2,127,887 8,336,593 6,837,851
Depreciation, amortization and accretion 98,186 74,060 294,964 232,198
LOSS FROM OPERATIONS (4,863,141) (3,158,511) (11,773,329) (10,873,387)
OTHER INCOME (EXPENSES)        
Interest income 15,950 30,403 30,313 171,925
Interest expenses and finance costs (636,178) (835,683) (2,356,819) (2,579,971)
Income from equity-accounted investment 870,013 684,443 767,321 3,048,219
Gain on loan extinguishment 7,759 286,376
Other income 16,632 4,475 30,720 21,693
(Loss) gain on disposition of assets (2,133) 216 (2,133) 2,016
OTHER INCOME (EXPENSES) 272,043 (116,146) (1,244,222) 663,882
LOSS BEFORE INCOME TAXES (4,591,098) (3,274,657) (13,017,551) (10,209,505)
DEFERRED TAX BENEFITS 937 1,013 2,794 4,623
NET LOSS FOR THE PERIOD (4,590,161) (3,273,644) (13,014,757) (10,204,882)
OTHER COMPREHENSIVE INCOME (LOSS),NET OF INCOME TAXES 493,101 (479,148) 1,041,900 (528,690)
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD $ (4,097,060) $ (3,752,792) $ (11,972,857) $ (10,733,572)
NET LOSS PER SHARE, BASIC AND DILUTED (in dollars per share) $ (0.02) $ (0.02) $ (0.06) $ (0.06)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED (in shares) 218,822,085 183,896,944 202,304,157 182,637,673