XML 1018 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Jul. 31, 2016
Jul. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net (loss) $ (533,377) $ (27,940,376) $ (25,785,792) $ 10,115
Adjustments to reconcile net loss to net cash provided by operating activities:        
Impairment loss on mineral claims 23,500,000 23,500,000
Interest inferred on debt 580 945 516
Stock issued for compensation     280,000
Benefit from conversion of debt 4,391,200    
Amortization of debt discounts 181,530    
Amortization of debt discounts and deferred charges 60,529 439,374
Loss from valuation and revaluation of convertible debt 52,561 1,223,529
Gain on debt settlement     (96,819) (72,328)
Changes in operating assets and liabilities        
Accounts payable 22,205 (1,802) 10,546 37,107
Due to related party 250 17,500
Net cash (used in) operating activities (216,302) (50,398) (410,717) (24,590)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Investment in Mineral Leases (15,000) (51,000)
Net cash (used in) investing activities (15,000) (51,000)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Proceeds from convertible debt net of deferred expenses 314,000 60,500 498,880
Debt issue costs (18,750)    
Proceeds from related party advances 5,990 24,590
Repayment of promissory note (20,000) 120,000
Repayment of related party advances (15,000) (24,590)
Repayment of convertible notes (40,500) (130,000)
Net cash provided by financing activities 234,750 51,490 464,290
Net (Decrease) Increase in Cash 3,448 1,092 2,573
Cash at Beginning of Period 2,573
CASH AT END OF PERIOD 6,021 1,092 2,573
SUPPLEMENTAL DISCLOSURE OF NONCASH FINANCIAL ACTIVITIES:        
Shares issued for property 23,500,000 23,500,000
Conversion of convertible to common stock     376,063
OTHER SUPPLEMENTAL DISCLOSURE        
Taxes paid
Interest paid $ 7,365 $ 61,080