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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Jul. 31, 2015
CASH PROVIDED BY (USED IN): OPERATING ACTIVITIES      
Net loss for the year $ (17,971,056) $ (17,329,872) $ (23,361,928)
Adjustments to reconcile net loss to cash flows in operating activities      
Stock-based compensation 3,769,370 3,084,163 5,617,748
Depreciation, amortization and accretion 497,728 875,724 2,193,160
Amortization of long-term debt discount 1,156,657 1,245,615 1,353,773
Impairment loss on mineral properties 297,942 97,114 349,805
Inventory write-down 60,694 0 0
Re-valuation of asset retirement obligations (187,255) (308,398) 0
Loss on disposition of assets 1,055 2,186 38
Deferred income tax benefit (34,355) (32,239) (35,413)
Realized loss on available-for-sale securities 0 0 3,023
Loss on settlement of liabilities 49,002 46,968 0
Changes in operating assets and liabilities      
Inventories 2,960 (23,317) 1,316,959
Prepaid expenses and deposits 190,580 (85,673) 46,866
Other current assets (68,965) (30,165) (2,954)
Accounts payable and accrued liabilities 1,816,199 (622,713) 243,686
NET CASH FLOWS USED IN OPERATING ACTIVITIES (10,419,444) (13,080,607) (12,275,237)
FINANCING ACTIVITIES      
Shares issuance for cash, net of issuance costs 26,889,996 10,209,632 9,650,530
Due to related parties 768 (14,660) 3,426
NET CASH FLOWS PROVIDED BY FINANCING ACTIVITIES 26,890,764 10,194,972 9,653,956
INVESTING ACTIVITIES      
Net cash received from (used in) asset acquisitions 34,972 (46,084) 0
Investment in mineral rights and properties 0 0 (78,626)
Purchase of property, plant and equipment (56,407) (18,934) (23,041)
Purchase of equity-accounted investment (151,676) 0 0
Increase in other long-term assets (864,806) 0 0
Purchase of short-term investments (16,000,671) 0 0
Redemption of short-term investments 6,000,671 0 0
Proceeds from disposition of assets 0 818 2,860
Proceeds from the release of reclamation deposits 0 0 5,663,158
Payment of surety bonds collateral 0 0 (1,690,208)
Increase in reclamation deposits (1) (2) (346)
NET CASH FLOWS (USED IN) PROVIDED BY INVESTING ACTIVITIES (11,037,918) (64,202) 3,873,797
NET CASH FLOWS 5,433,402 (2,949,837) 1,252,516
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 7,142,571 10,092,408 8,839,892
CASH AND CASH EQUIVALENTS, END OF YEAR $ 12,575,973 $ 7,142,571 $ 10,092,408