PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Jul. 31, 2015

Schedule of Property, Plant and Equipment [Table Text Block]

				July 31, 2015							July 31, 2014
				Accumulated			Net Book				Accumulated			Net Book
		Cost		Depreciation			Value		Cost		Depreciation			Value
Hobson Processing Facility	$	6,819,088	$	(773,933	)	$	6,045,155	$	7,107,717	$	(595,169	)	$	6,512,548
Mining Equipment		2,452,572		(2,019,996	)		432,576		2,587,206		(1,678,958	)		908,248
Logging Equipment and Vehicles		1,962,895		(1,714,908	)		247,987		1,855,451		(1,559,850	)		295,601
Computer Equipment		615,064		(573,355	)		41,709		645,622		(551,633	)		93,989
Furniture and Fixtures		182,802		(176,726	)		6,076		183,810		(164,003	)		19,807
Land		175,144		-			175,144		175,144		-			175,144
	$	12,207,565	$	(5,258,918	)	$	6,948,647	$	12,554,950	$	(4,549,613	)	$	8,005,337