MINERAL RIGHTS AND PROPERTIES (Tables)

9 Months Ended

Apr. 30, 2018

Mineral rights and property acquisition costs consisted of the following:

	April 30, 2018		July 31, 2017
Mineral Rights and Properties
Palangana Mine	$	6,285,898	$	6,285,898
Goliad Project		8,689,127		8,689,127
Burke Hollow Project		1,495,750		1,495,750
Longhorn Project		116,870		116,870
Salvo Project		14,905		14,905
Anderson Project		9,154,268		9,154,268
Workman Creek Project		1,632,500		1,520,680
Los Cuatros Project		257,250		257,250
Slick Rock Project		635,650		615,650
Reno Creek Project		25,553,807		-
Diabase Project		546,938		-
Yuty Project		11,947,144		11,947,144
Oviedo Project		1,133,412		1,133,412
Alto Paraná Titanium Project		1,433,030		1,433,030
Other Property Acquisitions		91,080		91,080
		68,987,629		42,755,064
Accumulated Depletion		(3,929,884)		(3,929,884)
		65,057,745		38,825,180

Databases		2,410,038		2,410,038
Accumulated Amortization		(2,401,943)		(2,392,196)
		8,095		17,842

Land Use Agreements		404,310		404,310
Accumulated Amortization		(344,927)		(315,356)
		59,383		88,954
	$	65,125,223	$	38,931,976

Mineral property expenditures incurred by major projects were as follows:

	Three Months Ended April 30,				Nine Months Ended April 30,
	2018		2017		2018		2017
Mineral Property Expenditures
Palangana Mine	$	264,447	$	239,781	$	740,977	$	625,430
Goliad Project		28,658		40,295		71,373		90,174
Burke Hollow Project		152,307		288,742		570,099		439,058
Longhorn Project		5,760		23,724		11,832		24,777
Salvo Project		6,702		6,701		20,338		21,710
Anderson Project		15,211		30,489		45,241		45,993
Workman Creek Project		7,673		7,673		23,627		23,593
Slick Rock Project		12,206		12,207		40,012		36,759
Reno Creek Project		158,546		-		1,126,918		-
Yuty Project		114,481		91,175		339,677		282,887
Oviedo Project		17,982		58,054		99,224		273,124
Alto Paraná Titanium Project		33,312		95,460		147,744		618,093
Other Mineral Property Expenditures		164,208		104,940		401,346		475,207
	$	981,493	$	999,241	$	3,638,408	$	2,956,805