PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Jul. 31, 2017

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 5: PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

	July 31, 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		2,438,681		(2,378,737)		59,944		2,438,920		(2,256,901)		182,019
Logging Equipment and Vehicles		1,971,742		(1,825,389)		146,353		1,962,895		(1,801,811)		161,084
Computer Equipment		582,980		(565,223)		17,757		586,116		(555,972)		30,144
Furniture and Fixtures		170,701		(168,248)		2,453		172,348		(167,966)		4,382
Land		519,520		-		519,520		519,520		-		519,520
	$	12,502,712	$	(5,711,530)	$	6,791,182	$	12,498,887	$	(5,556,583)	$	6,942,304

Hobson Processing Facility

During Fiscal 2017, no material amount of 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 2017.