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Note 5 - Property, Plant and Equipment
 12 Months Ended
Jul. 31, 2021
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
NOTE
5:
         
PROPERTY, PLANT AND EQUIPMENT
 
As at
July 31, 2021,
property, plant and equipment consisted of the following:
 
   
July 31, 2021
    
July 31, 2020
  
   
Cost
    
Accumulated

Depreciation
    
Net Book

Value
    
Cost
    
Accumulated
Depreciation
    
Net Book
Value
  
Hobson Processing Facility
  
$
6,642,835
    
$
(851,075
)
  
$
5,791,760
     $
6,642,835
     $
(773,933
 )   $
5,868,902
  
Mining Equipment
  
 
2,355,341
    
 
(2,313,489
)
  
 
41,852
      
2,393,579
      
(2,342,518
 )    
51,061
  
Logging Equipment and Vehicles
  
 
1,923,983
    
 
(1,774,887
)
  
 
149,096
      
1,924,969
      
(1,736,806
 )    
188,163
  
Computer Equipment
  
 
326,056
    
 
(283,645
)
  
 
42,411
      
550,243
      
(486,467
 )    
63,776
  
Furniture and Fixtures
  
 
184,941
    
 
(172,302
)
  
 
12,639
      
170,701
      
(169,946
 )    
755
  
Buildings
  
 
297,518
    
 
(57,322
)
  
 
240,196
      
297,518
      
(42,446
 )    
255,072
  
Land
  
 
1,080,083
    
 
-
    
 
1,080,083
      
592,088
      
-
      
592,088
  
   
$
12,810,757
    
$
(5,452,720
)
  
$
7,358,037
     $
12,571,933
     $
(5,552,116
 )   $
7,019,817
  
 
During Fiscal
2021,
we purchased
100
acres of land within our Goliad Project located in Goliad County, Texas, for total consideration of
$487,995,
of which
$380,000
was financed with a promissory note. Refer to Note
10:
Other Loans Payable.