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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
12 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Jul. 31, 2015
SALES $ 0 $ 0 $ 3,080,000
COSTS AND EXPENSES      
Cost of sales 0 0 2,326,674
Inventory write-down 60,694 0 0
Mineral property expenditures 4,120,388 4,061,159 5,706,080
General and administrative 10,241,681 9,297,746 13,230,840
Depreciation, amortization and accretion 497,728 875,724 1,802,443
Impairment loss on mineral properties 297,942 97,114 349,805
Total Operating Expenses 15,218,433 14,331,743 23,415,842
LOSS FROM OPERATIONS (15,218,433) (14,331,743) (20,335,842)
OTHER INCOME (EXPENSES)      
Interest income 137,863 24,177 12,797
Interest expenses and finance costs (2,914,862) (3,005,391) (3,071,235)
Loss on disposition of assets (1,055) (2,186) (38)
Loss on settlement of liabilities (49,002) (46,968) 0
Realized loss on available-for-sale securities 0 0 (3,023)
Other income 40,078 0 0
Total Non-Operating Income Expense (2,786,978) (3,030,368) (3,061,499)
LOSS BEFORE INCOME TAXES (18,005,411) (17,362,111) (23,397,341)
DEFERRED INCOME TAX BENEFIT 34,355 32,239 35,413
NET LOSS FOR THE YEAR (17,971,056) (17,329,872) (23,361,928)
OTHER COMPREHENSIVE INCOME (LOSS),NET OF INCOME TAXES 28 (99) (1,092)
TOTAL COMPREHENSIVE LOSS FOR THE YEAR $ (17,971,028) $ (17,329,971) $ (23,363,020)
NET LOSS PER SHARE, BASIC AND DILUTED $ (0.14) $ (0.16) $ (0.25)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED 128,244,751 106,086,782 92,397,547