BATOVI DIAMOND PROJECT	3 Months Ended
BATOVI DIAMOND PROJECT	Oct. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]
BATOVI DIAMOND PROJECT	NOTE 7 – BATOVI DIAMOND PROJECT On February 10, 2014, the Company entered into a letter agreement with Mineracao Batovi Ltda. ("Mineracao Batovi"), a Brazilian mineral exploration and mining company, to acquire up to a 75% interest in a diamond exploration project located to the north of Paranatinga in Mato Grosso, Brazil (the "Batovi Diamond Project"), and form a joint venture valued at approximately $12 million. As described below in Note 8 – Subsequent Events, on November 20, 2014, the Company entered into a formal joint venture agreement with Mineracao Batovi with respect to the Batovi Diamond Project.

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

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