CONSOLIDATED BALANCE SHEETS (USD $)	Jul. 31, 2012	Jul. 31, 2011
CURRENT ASSETS
Cash and cash equivalents	$ 25,015,284	$ 30,724,051
Available-for-sale securities	41,973	79,126
Accounts and interest receivable	273,584	90,907
Inventories	1,876,100	2,775,947
Prepaid expenses and deposits	717,260	267,158
Total Current Assets	27,924,201	33,937,189
MINERAL RIGHTS AND PROPERTIES	42,594,920	17,841,083
PROPERTY, PLANT AND EQUIPMENT	9,081,234	8,702,413
RECLAMATION DEPOSITS	5,543,040	4,610,300
LOAN RECEIVABLE	0	300,000
Total Assets	85,143,395	65,390,985
CURRENT LIABILITIES
Accounts payable and accrued liabilities	5,271,158	3,232,104
Due to related parties	47,443	8,287
Current portion of asset retirement obligations	133,298	675,872
Total Current Liabilities	5,451,899	3,916,263
DEFERRED INCOME TAX LIABILITIES	791,939	0
ASSET RETIREMENT OBLIGATIONS	2,979,076	2,351,931
Total Liabilities	9,222,914	6,268,194
STOCKHOLDERS' EQUITY
Capital stock Common stock $0.001 par value: 750,000,000 shares authorized, 84,975,155 shares issued and outstanding (July 31, 2011 - 73,487,337)	84,975	73,487
Additional paid-in-capital	196,486,881	154,564,206
Share issuance obligation	194,700	194,700
Accumulated deficit	(120,823,948)	(95,740,228)
Accumulated other comprehensive income	(22,127)	30,626
Stockholders' Equity	75,920,481	59,122,791
Total Liabilities and Stockholders' Equity	$ 85,143,395	$ 65,390,985