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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jan. 31, 2020
Jul. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 10,272,315 $ 6,058,186
Term deposits 11,831,671
Inventories 211,662 211,662
Prepaid expenses and deposits 1,459,916 1,343,458
Other current assets 124,351 264,956
TOTAL CURRENT ASSETS 12,068,244 19,709,933
MINERAL RIGHTS AND PROPERTIES 63,606,605 63,536,895
PROPERTY, PLANT AND EQUIPMENT 7,021,321 7,042,359
RESTRICTED CASH 1,834,746 1,821,392
EQUITY-ACCOUNTED INVESTMENT 10,994,683 8,680,449
OTHER LONG-TERM ASSETS 988,712 249,214
TOTAL ASSETS 96,514,311 101,040,242
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 1,917,939 3,002,688
Other current liabilities 198,108
Due to a related party 32,306 68,680
TOTAL CURRENT LIABILITIES 2,148,353 3,071,368
LONG-TERM DEBT 19,044,764 19,599,963
ASSET RETIREMENT OBLIGATIONS 3,637,698 3,541,082
OTHER LONG-TERM LIABILITIES 551,931 50,010
DEFERRED TAX LIABILITIES 546,941 550,551
TOTAL LIABILITIES 25,929,687 26,812,974
STOCKHOLDERS' EQUITY    
Common stock $0.001 par value: 750,000,000 shares authorized, 183,673,815 shares issued and outstanding (July 31, 2019 - 180,896,431) 183,674 180,896
Additional paid-in capital 339,570,053 336,047,595
Share issuance obligation 187,100
Accumulated deficit (269,132,022) (262,200,784)
Accumulated other comprehensive (loss) income (37,081) 12,461
TOTAL EQUITY 70,584,624 74,227,268
TOTAL LIABILITIES AND EQUITY 96,514,311 101,040,242
COMMITMENTS AND CONTINGENCIES