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Condensed Consolidated Statements of Loss and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Jan. 31, 2019
Jan. 31, 2018
COSTS AND EXPENSES        
Mineral property expenditures $ 899,217 $ 980,215 $ 1,765,460 $ 2,656,915
General and administrative 2,183,463 2,864,165 4,442,398 5,119,127
Depreciation, amortization and accretion 84,807 89,437 173,583 179,772
3,167,487 3,933,817 6,381,441 7,955,814
LOSS FROM OPERATIONS (3,167,487) (3,933,817) (6,381,441) (7,955,814)
OTHER INCOME (EXPENSES)        
Interest income 117,078 86,886 174,982 149,868
Interest expenses and finance costs (813,809) (756,293) (1,568,658) (1,496,585)
(Loss) income from equity-accounted investment (105,837) (7,556) 282,032 101,233
Other income 29,819 10,344 96,255 35,834
Gain (loss) on disposition of assets 1,583,764 (474) 1,583,764 (474)
811,015 (667,093) 568,375 (1,210,124)
LOSS BEFORE INCOME TAXES (2,356,472) (4,600,910) (5,813,066) (9,165,938)
DEFERRED TAX BENEFITS 6,798 247,097 11,966 256,285
NET LOSS FOR THE PERIOD (2,349,674) (4,353,813) (5,801,100) (8,909,653)
OTHER COMPREHENSIVE INCOME, NET OF INCOME TAXES 38,232 (247) 38,232 136
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD $ (2,311,442) $ (4,354,060) $ (5,762,868) $ (8,909,517)
NET LOSS PER SHARE, BASIC AND DILUTED (in dollars per share) $ (0.01) $ (0.03) $ (0.03) $ (0.06)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED (in shares) 177,061,313 156,207,557 171,729,303 155,170,537