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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 9 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2016
Apr. 30, 2015
SALES $ 0 $ 0 $ 0 $ 0
COSTS AND EXPENSES        
Cost of sales 0 0 0 0
Mineral property expenditures 725,968 1,045,842 3,408,813 4,560,241
General and administrative 2,005,465 3,167,896 7,086,669 9,711,933
Depreciation, amortization and accretion 205,488 374,082 680,573 1,440,808
Impairment loss on mineral properties 0 0 86,535 0
Total Operating Expenses 2,936,921 4,587,820 11,262,590 15,712,982
LOSS FROM OPERATIONS (2,936,921) (4,587,820) (11,262,590) (15,712,982)
OTHER INCOME (EXPENSES)        
Interest income 7,221 1,640 14,470 9,646
Interest expenses and finance costs (710,767) (764,761) (2,278,230) (2,270,104)
Loss on disposition of assets 0 2,400 (2,186) (498)
Realized loss on available-for-sale securities 0 (3,023) 0 (3,023)
Loss on settlement of current liabilities (46,968) 0 (46,968) 0
Total Non-Operating Income Expense (750,514) (763,744) (2,312,914) (2,263,979)
LOSS BEFORE INCOME TAXES (3,687,435) (5,351,564) (13,575,504) (17,976,961)
DEFERRED INCOME TAX BENEFIT 8,380 3,835 22,910 27,465
NET LOSS FOR THE PERIOD (3,679,055) (5,347,729) (13,552,594) (17,949,496)
OTHER COMPREHENSIVE LOSS (INCOME), NET OF INCOME TAXES 136 207 (282) (1,465)
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD $ (3,678,919) $ (5,347,522) $ (13,552,876) $ (17,950,961)
NET LOSS PER SHARE, BASIC AND DILUTED (in dollars per share) $ (0.03) $ (0.06) $ (0.13) $ (0.20)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED (in shares) 109,710,985 92,034,908 102,588,834 91,683,568