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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Oct. 31, 2014
Oct. 31, 2013
CASH (USED IN) PROVIDED BY: OPERATING ACTIVITIES    
Net loss for the period $ (6,726,227) $ (5,879,934)
Adjustments to reconcile net loss to net cash from operating activities    
Stock-based compensation 1,454,296 337,902
Depletion, depreciation, amortization and accretion 900,652 1,102,367
Impairment loss on mineral property 0 28,891
Loss on fair value of variable share forward contract 0 231,762
Deferred income tax benefit (21,503) 0
Changes in operating assets and liabilities    
Accounts and interest receivable 191 (4,301)
Inventories (88,788) (312,467)
Prepaid expenses and deposits (28,771) (125,249)
Accounts payable and accrued liabilities (325,085) (1,259,043)
Settlement of asset retirement obligations 0 (12,123)
NET CASH FLOWS USED IN OPERATING ACTIVITIES (4,835,235) (5,892,195)
FINANCING ACTIVITIES    
Shares issuance for cash, net of issuance costs 420,591 6,713,504
Debt financing costs 0 (188,107)
Due to related parties (5,689) (217)
NET CASH FLOWS PROVIDED BY FINANCING ACTIVITIES 414,902 6,525,180
INVESTING ACTIVITIES    
Investment in mineral rights and properties 0 (83,823)
Purchase of property, plant and equipment (5,993) (21,895)
Increase in reclamation deposits (345) (510)
NET CASH FLOWS USED IN INVESTING ACTIVITIES (6,338) (106,228)
NET CASH FLOWS (4,426,671) 526,757
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 8,839,892 14,171,807
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 4,413,221 $ 14,698,564