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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Jan. 31, 2020
Jan. 31, 2019
COSTS AND EXPENSES        
Mineral property expenditures $ 1,323,323 $ 899,217 $ 2,846,774 $ 1,765,460
General and administrative 2,394,794 2,183,463 4,709,964 4,442,398
Depreciation, amortization and accretion 81,752 84,807 158,138 173,583
TOTAL COSTS AND EXPENSES 3,799,869 3,167,487 7,714,876 6,381,441
LOSS FROM OPERATIONS (3,799,869) (3,167,487) (7,714,876) (6,381,441)
OTHER INCOME (EXPENSES)        
Interest income 52,341 117,078 141,522 174,982
Interest expenses and finance costs (859,163) (813,809) (1,744,288) (1,568,658)
Income (loss) from equity-accounted investment 2,704,373 (105,837) 2,363,776 282,032
Other income 9,925 29,819 17,218 96,255
Gain on disposition of assets 1,800 1,583,764 1,800 1,583,764
TOTAL OTHER INCOME (EXPENSES) 1,909,276 811,015 780,028 568,375
LOSS BEFORE INCOME TAXES (1,890,593) (2,356,472) (6,934,848) (5,813,066)
DEFERRED TAX BENEFITS 1,932 6,798 3,610 11,966
NET LOSS FOR THE PERIOD (1,888,661) (2,349,674) (6,931,238) (5,801,100)
OTHER COMPREHENSIVE (LOSS) INCOME, NET OF INCOME TAXES (39,648) 38,232 (49,542) 38,232
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD $ (1,928,309) $ (2,311,442) $ (6,980,780) $ (5,762,868)
NET LOSS PER SHARE, BASIC AND DILUTED (in dollars per share) $ (0.01) $ (0.01) $ (0.04) $ (0.03)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED (in shares) 182,802,747 177,061,313 182,021,725 171,729,303