Note 5 - Restricted Cash

6 Months Ended

Jan. 31, 2020

NOTE

RESTRICTED CASH

Restricted cash includes cash and cash equivalents and money market funds as collateral for various bonds posted in favor of applicable state regulatory agencies in Arizona, Texas and Wyoming, and for estimated reclamation costs associated with our Palangana Mine, Hobson Processing Facility and Reno Creek Project. Restricted cash will be released upon completion of reclamation of a mineral property or restructuring of a surety and collateral arrangement.

	January 31, 2020		July 31, 2019
Restricted cash, beginning of period	$	1,821,392	$	1,789,899
Interest received		13,354		31,493
Restricted cash, end of period	$	1,834,746	$	1,821,392

Cash, cash equivalents and restricted cash are included in the following accounts at

January 31, 2020

and

2019:

	January 31, 2020		January 31, 2019
Cash and cash equivalents	$	10,272,315	$	3,990,524
Restricted cash		1,834,746		1,804,328
Total cash, cash equivalents and restricted cash	$	12,107,061	$	5,794,852