PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Jul. 31, 2016

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 4: PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

	July 31, 2016						July 31, 2015
	Cost		Accumulated Depreciation		Net Book Value		Cost		Accumulated Depreciation		Net Book Value
Hobson Processing Facility	$	6,819,088	$	(773,933)	$	6,045,155	$	6,819,088	$	(773,933)	$	6,045,155
Mining Equipment		2,438,920		(2,256,901)		182,019		2,452,572		(2,019,996)		432,576
Logging Equipment and Vehicles		1,962,895		(1,801,811)		161,084		1,962,895		(1,714,908)		247,987
Computer Equipment		586,116		(555,972)		30,144		615,064		(573,355)		41,709
Furniture and Fixtures		172,348		(167,966)		4,382		182,802		(176,726)		6,076
Land		519,520		-		519,520		175,144		-		175,144
	$	12,498,887	$	(5,556,583)	$	6,942,304	$	12,207,565	$	(5,258,918)	$	6,948,647

Hobson Processing Facility

During Fiscal 2016, no uranium concentrate was processed at the Hobson Processing Facility due to the further reduced operations at the Palangana Mine. As a result, no depreciation for the Hobson Processing Facility was recorded on the consolidated financial statements for Fiscal 2016.