PROPERTY, PLANT AND EQUIPMENT

9 Months Ended

Apr. 30, 2017

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 6: PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

	April 30, 2017						July 31, 2016
			Accumulated		Net Book				Accumulated		Net Book
	Cost		Depreciation		Value		Cost		Depreciation		Value
Hobson Processing Facility	$	6,819,088	$	(773,933)	$	6,045,155	$	6,819,088	$	(773,933)	$	6,045,155
Mining Equipment		2,426,385		(2,361,519)		64,866		2,438,920		(2,256,901)		182,019
Logging Equipment and Vehicles		1,971,742		(1,815,190)		156,552		1,962,895		(1,801,811)		161,084
Computer Equipment		577,938		(562,027)		15,911		586,116		(555,972)		30,144
Furniture and Fixtures		170,701		(168,106)		2,595		172,348		(167,966)		4,382
Land		519,520		-		519,520		519,520		-		519,520
	$	12,485,374	$	(5,680,775)	$	6,804,599	$	12,498,887	$	(5,556,583)	$	6,942,304

During the three and nine months ended April 30, 2017 and 2016, no uranium concentrate was processed at the Hobson Processing Facility due to the reduced operations at our Palangana Mine. As a result, no depreciation for the Hobson Processing Facility was recorded on our consolidated financial statements for the three and nine months ended April 30, 2017 and 2016.