CONSOLIDATED BALANCE SHEETS (USD $)	Jul. 31, 2014	Jul. 31, 2013
CURRENT ASSETS
Cash and cash equivalents	$ 8,839,892	$ 14,171,807
Available-for-sale securities	4,811	18,350
Accounts and interest receivable	15,061	45,584
Inventories	1,896,475	975,719
Prepaid expenses and deposits	726,984	1,098,026
Current portion of deferred financing costs	83,811	218,336
Total Current Assets	11,567,034	16,527,822
DEFERRED FINANCING COSTS	167,621	200,141
MINERAL RIGHTS AND PROPERTIES	39,488,699	41,785,852
PROPERTY, PLANT AND EQUIPMENT	8,005,337	8,695,277
RECLAMATION DEPOSITS	5,678,629	6,040,909
Total Assets	64,907,320	73,250,001
CURRENT LIABILITIES
Accounts payable and accrued liabilities	2,088,284	3,978,867
Due to related parties	11,234	9,571
Current portion of asset retirement obligations	198,816	836,073
Total Current Liabilities	2,298,334	4,824,511
DEFERRED INCOME TAX LIABILITIES	711,477	781,186
LONG-TERM DEBT	18,705,137	6,957,219
ASSET RETIREMENT OBLIGATIONS	3,768,773	3,242,007
Total Liabilities	25,483,721	15,804,923
STOCKHOLDERS' EQUITY
Capital stock Common stock $0.001 par value: 750,000,000 shares authorized, 90,966,558 shares issued and outstanding (July 31, 2013 - 86,032,285)	90,972	86,036
Additional paid-in capital	208,008,312	200,046,081
Accumulated deficit	(168,662,146)	(142,687,039)
Accumulated other comprehensive loss	(13,539)	0
TOTAL STOCKHOLDERS' EQUITY	39,423,599	57,445,078
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 64,907,320	$ 73,250,001