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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Jan. 31, 2019
Jan. 31, 2018
OPERATING ACTIVITIES        
Net Loss for the Period $ (2,349,674) $ (4,353,813) $ (5,801,100) $ (8,909,653)
Adjustments to reconcile net loss to cash flows in operating activities        
Stock-based compensation 747,342 974,095 1,588,866 1,614,774
Depreciation, amortization and accretion     173,583 179,772
Amortization of long-term debt discount 358,349 308,409 666,120 605,831
(Gain) loss on disposition of assets     (1,583,764) 474
Deferred tax benefits (6,798) (247,097) (11,966) (256,285)
Income from equity-accounted investment 105,837 7,556 (282,032) (101,233)
Realized loss on available-for-sale securities     799
Reimbursable Expenses for Reno Creek Acquisition     483,829
Changes in operating assets and liabilities        
Prepaid expenses and deposits     (168,785) (195,020)
Other current assets     (81,609) (9,126)
Accounts payable and accrued liabilities     (841,344) (208,096)
NET CASH FLOWS USED IN OPERATING ACTIVITIES     (6,341,232) (6,794,733)
FINANCING ACTIVITIES        
Shares issued for cash, net of issuance costs     21,538,191 103,300
Due to a related party     27,531 635
NET CASH FLOWS PROVIDED BY FINANCING ACTIVITIES     21,565,722 103,935
INVESTING ACTIVITIES        
Net cash and restricted cash received from asset acquisition     289,038
Investment in mineral rights and properties     (105,000) (70,000)
Purchase of property, plant and equipment     (19,505) (6,338)
Increase in other long-term assets     (201,160)
Purchase of short-term investments     (18,026,455) (20,285,190)
Redemption of short-term investments     18,101,275
Proceeds from disposition of assets     4,900
NET CASH USED IN INVESTING ACTIVITIES     (18,146,060) (2,172,375)
NET CASH FLOWS     (2,921,570) (8,863,173)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD     8,716,422 14,282,001
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD $ 5,794,852 $ 5,418,828 $ 5,794,852 $ 5,418,828