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CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 6 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Jan. 31, 2022
Jan. 31, 2021
EXPENSES        
Accretion expense $ 28,963 $ 28,963 $ 57,926 $ 57,926
Consulting 141,233 134,836 270,746 192,300
Directors' fees 20,000 20,000 40,000 40,000
Filing and regulatory 9,626 9,416 16,156 27,693
Foreign exchange (gain) loss 25,439 (7,588) 32,338 (9,886)
General and administrative 107,901 114,163 214,624 243,879
Geological, mineral, and prospect costs 204,035 190,974 258,559 380,334
Interest expense 91,125 29,733 123,248 58,702
Professional fees 113,124 131,326 236,824 300,942
Promotion and shareholder communication 51,044 21,314 58,407 68,860
Share-based compensation 0 0 0 560,792
Salaries 33,750 36,558 67,500 72,957
Loss (826,240) (709,695) (1,376,328) (1,994,499)
Gain (loss) on fair value adjustment on derivative liability (272,421) 1,076,444 64,672 1,333,140
Other income 14,212 1,057 14,907 3,807
Net income (loss) and comprehensive loss for the period $ (1,084,449) $ 367,806 $ (1,296,749) $ (657,552)
Basic and diluted income (loss) per common share $ (0.03) $ 0.01 $ (0.05) $ (0.02)
Weighted average number of common shares outstanding (basic and diluted) 32,787,798 26,770,298 26,868,410 26,578,269