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CONSOLIDATED BALANCE SHEETS - USD ($)
Jul. 31, 2017
Jul. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 12,575,973 $ 7,142,571
Short-term investments 10,000,000 0
Inventories 211,662 275,316
Prepaid expenses and deposits 685,992 533,977
Other current assets 117,770 48,777
Total Current Assets 23,591,397 8,000,641
MINERAL RIGHTS AND PROPERTIES 38,931,976 37,973,951
PROPERTY, PLANT AND EQUIPMENT 6,791,182 6,942,304
RECLAMATION DEPOSITS 1,706,028 1,706,027
EQUITY-ACCOUNTED INVESTMENT 151,676 0
OTHER LONG-TERM ASSETS 1,004,975 1,553,388
Total Assets 72,177,234 56,176,311
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 2,446,854 1,822,447
Due to related parties 768 0
Total Current Liabilities 2,447,622 1,822,447
DEFERRED INCOME TAX LIABILITIES 609,470 643,825
LONG-TERM DEBT 19,254,835 19,198,178
OTHER LONG-TERM LIABILITY 0 315,519
ASSET RETIREMENT OBLIGATIONS 3,729,902 3,746,464
Total Liabilities 26,041,829 25,726,433
STOCKHOLDERS' EQUITY    
Capital stock Common stock $0.001 par value: 750,000,000 shares authorized, 139,815,124 shares issued and outstanding (July 31, 2016 - 116,670,457) 139,815 116,670
Additional paid-in capital 272,697,152 239,701,884
Share issuance obligation 638,142 0
Accumulated deficit (227,325,002) (209,353,946)
Accumulated other comprehensive loss (14,702) (14,730)
Total Stockholders' Equity 46,135,405 30,449,878
Total Liabilities and Stockholders' Equity 72,177,234 56,176,311
COMMITMENTS AND CONTINGENCIES