Note 6 - Restricted Cash

3 Months Ended

Oct. 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 Anderson Project, 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.

	October 31, 2020		July 31, 2020
Restricted cash, beginning of period	$	1,839,216	$	1,821,392
Interest received		44		17,824
Restricted cash, end of period	$	1,839,260	$	1,839,216

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

October 31, 2020

and

2019:

	October 31, 2020		October 31, 2019
Cash and cash equivalents	$	6,700,603	$	13,112,069
Restricted cash		1,839,260		1,828,921
Total cash, cash equivalents and restricted cash	$	8,539,863	$	14,940,990