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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2017
COSTS AND EXPENSES      
Mineral property expenditures $ 4,487,537 $ 4,552,151 $ 4,120,388
General and administrative 10,142,035 11,407,206 10,241,681
Depreciation, amortization and accretion 347,441 354,624 497,728
Impairment loss on mineral properties 297,942
Inventory write-down 60,694
14,977,013 16,313,981 15,218,433
LOSS FROM OPERATIONS (14,977,013) (16,313,981) (15,218,433)
OTHER INCOME (EXPENSES)      
Interest income 433,031 227,534 137,863
Interest expenses and finance costs (3,249,881) (2,952,202) (2,914,862)
(Loss) income from equity-accounted investment (1,103,356) 423,657
Other income 134,545 82,543 40,078
Gain (loss) on disposition of assets 1,595,513 (1,696) (1,055)
Loss on settlement of liabilities (49,002)
(2,190,148) (2,220,164) (2,786,978)
LOSS BEFORE INCOME TAXES (17,167,161) (18,534,145) (18,005,411)
DEFERRED TAX BENEFITS 14,372 707,511 34,355
NET LOSS FOR THE YEAR (17,152,789) (17,826,634) (17,971,056)
OTHER COMPREHENSIVE INCOME, NET OF INCOME TAXES 12,461 118,343 28
TOTAL COMPREHENSIVE LOSS FOR THE YEAR $ (17,140,328) $ (17,708,291) $ (17,971,028)
NET LOSS PER SHARE, BASIC AND DILUTED (in dollars per share) $ (0.10) $ (0.11) $ (0.14)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED (in shares) 175,844,624 157,123,025 128,244,751