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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
12 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2014
SALES $ 0 $ 3,080,000 $ 0
COSTS AND EXPENSES      
Cost of sales 0 2,326,674 0
Inventory write-down 0 0 804,060
Mineral property expenditures 4,061,159 5,706,080 9,160,648
General and administrative 9,297,746 13,230,840 9,825,796
Depreciation, amortization and accretion 875,724 1,802,443 2,392,866
Impairment loss on mineral properties 97,114 349,805 653,224
Total Operating Expenses 14,331,743 23,415,842 22,836,594
LOSS FROM OPERATIONS (14,331,743) (20,335,842) (22,836,594)
OTHER INCOME (EXPENSES)      
Interest income 24,177 12,797 30,027
Interest expenses and finance costs (3,005,391) (3,071,235) (2,893,816)
Loss on disposition of assets (2,186) (38) (2,553)
Realized loss on available-for-sale securities 0 (3,023) 0
Loss on fair value of variable share forward contract 0 0 (331,130)
Loss on settlement of current liabilities (46,968) 0 (20,581)
Gain on settlement of asset retirement obligations 0 0 9,831
Total Non-Operating Income Expense (3,030,368) (3,061,499) (3,208,222)
LOSS BEFORE INCOME TAXES (17,362,111) (23,397,341) (26,044,816)
DEFERRED INCOME TAX BENEFIT 32,239 35,413 69,709
NET LOSS FOR THE YEAR (17,329,872) (23,361,928) (25,975,107)
OTHER COMPREHENSIVE LOSS, NET OF INCOME TAXES (99) (1,092) (13,539)
TOTAL COMPREHENSIVE LOSS FOR THE YEAR $ (17,329,971) $ (23,363,020) $ (25,988,646)
NET LOSS PER SHARE, BASIC AND DILUTED $ (0.16) $ (0.25) $ (0.29)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED 106,086,782 92,397,547 89,136,505