Silver Bull Resources (SVBL) 10-K 16 Jan 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2018	Jan. 16, 2019	Apr. 30, 2018
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Oct. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Entity Registrant Name	SILVER BULL RESOURCES, INC.
Entity Central Index Key	1,031,093
Current Fiscal Year End Date	--10-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		234,868,214
Entity Public Float			$ 31.6
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Oct. 31, 2018	Oct. 31, 2017
CURRENT ASSETS
Cash and cash equivalents	$ 3,025,839	$ 681,776
Value-added tax receivable, net of allowance for uncollectible taxes of $98,414 and $67,729 respectively (Note 4)	175,020	156,997
Income tax receivables	160
Other receivables	12,045	5,245
Prepaid expenses and deposits	237,253	116,836
Total Current Assets	3,450,317	960,854
Office and mining equipment, net (Note 5)	201,486	208,755
Property concessions (Note 6)	5,019,927	5,004,386
Goodwill (Note 7)	2,058,031	2,058,031
TOTAL ASSETS	10,729,761	8,232,026
CURRENT LIABILITIES
Accounts payable	253,327	138,130
Accrued liabilities and expenses	439,450	313,058
Income tax payable	4,700	4,780
Stock option liability (Note 9)	25,116	5,194
Warrant derivative liability (Note 10)	405,500	341,717
Total Current Liabilities	1,128,093	802,879
COMMITMENTS AND CONTINGENCIES (Note 13)
STOCKHOLDERS' EQUITY (Note 3, 8, 9 and 10)
Common stock, $0.01 par value; 300,000,000 shares authorized, 234,868,214 and 199,259,967 shares issued and outstanding, respectively	2,348,682	1,992,599
Additional paid-in capital	133,015,768	127,679,664
Accumulated deficit	(125,855,030)	(122,335,364)
Other comprehensive income	92,248	92,248
Total Stockholders' Equity	9,601,668	7,429,147
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 10,729,761	$ 8,232,026

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Oct. 31, 2018	Oct. 31, 2017
Statement of Financial Position [Abstract]
Allowance for uncollectible taxes, current	$ 98,414	$ 67,729
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	234,868,214	199,259,967
Common stock, shares outstanding	234,868,214	199,259,967

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Income Statement [Abstract]
REVENUES
EXPLORATION AND PROPERTY HOLDING COSTS
Exploration and property holding costs	1,213,519	874,055
Depreciation, asset and property concessions' impairment (Note 5)	27,105	38,829
TOTAL EXPLORATION AND PROPERTY HOLDING COSTS	1,240,624	912,884
GENERAL AND ADMINISTRATIVE EXPENSES
Personnel	701,560	549,094
Office and administrative	571,064	345,243
Professional services	224,846	162,090
Directors' fees	226,473	177,174
Provision for (recovery of) uncollectible value-added taxes (Note 4)	37,457	(69,981)
TOTAL GENERAL AND ADMINISTRATIVE EXPENSES	1,761,400	1,163,620
LOSS FROM OPERATIONS	(3,002,024)	(2,076,504)
OTHER (EXPENSES) INCOME
Interest income	4,065	3,933
Interest and finance costs	(2,329)	(2,502)
Foreign currency transaction (loss) gain	(13,106)	116
Change in fair value of stock option liability (Note 9)	8,189	6,921
Change in fair value of warrant derivative liability (Note 10)	(510,968)	(100,020)
Gain on liquidation of subsidiary (Note 1)		129,781
Warrant issuance costs (Note 8)		(18,819)
Miscellaneous income	225	5,417
TOTAL OTHER (EXPENSES) INCOME	(513,924)	24,827
LOSS BEFORE INCOME TAXES	(3,515,948)	(2,051,677)
INCOME TAX EXPENSE (Note 11)	3,718	1,867
NET LOSS	(3,519,666)	(2,053,544)
OTHER COMPREHENSIVE (LOSS) INCOME
Foreign currency translation adjustments		2,367
Realized foreign currency translation gain on liquidation of subsidiary		(129,427)
TOTAL OTHER COMPREHENSIVE LOSS		(127,060)
COMPREHENSIVE LOSS	$ (3,519,666)	$ (2,180,604)
BASIC AND DILUTED NET LOSS PER COMMON SHARE	$ (0.02)	$ (0.01)
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	210,615,345	184,303,857

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (3,519,666)	$ (2,053,544)
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation, asset and property concessions' impairment	27,105	38,829
Provision for (recovery of) uncollectible value-added taxes	37,457	(69,981)
Foreign currency transaction gain	(4,132)	(25,448)
Change in fair value of warrant derivative liability (Note 10)	510,968	100,020
Change in fair value of stock option liability (Note 9)	(8,189)	(6,921)
Stock options issued for compensation (Note 9)	245,629	152,349
Warrant issuance costs (Note 8)		18,819
Gain on liquidation of subsidiary (Note 1)		(129,781)
Changes in operating assets and liabilities:
Value-added tax receivable	(64,635)	(26,983)
Income tax receivables	(170)
Other receivables	(6,865)	(614)
Prepaid expenses and deposits	(121,499)	(3,394)
Accounts payable	121,484	(37,753)
Accrued liabilities and expenses	135,216	25,831
Income tax payable	(80)	(5,450)
Net cash used in operating activities	(2,647,377)	(2,024,021)
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property concessions	(15,541)
Purchase of equipment	(19,836)
Net cash used in investing activities	(35,377)
CASH FLOWS FROM FINANCING ACTIVITIES:
Property concessions funding (Note 3)	922,783
Proceeds from exercise of warrants, net of costs (Note 8)	633,908
Proceeds from issuance of common stock, net of offering costs (Note 8)	3,469,657	1,230,504
Net cash provided by financing activities	5,026,348	1,230,504
Effect of exchange rates on cash and cash equivalents	469	7,965
Net increase (decrease) in cash and cash equivalents	2,344,063	(785,552)
Cash and cash equivalents beginning of year	681,776	1,467,328
Cash and cash equivalents end of year	3,025,839	681,776
SUPPLEMENTAL CASH FLOW DISCLOSURES:
Income taxes paid	4,599	9,611
Interest paid	2,329	2,502
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Warrants issued for financing fees (Note 8)	26,165	12,967
Offering costs included in accounts payable and accrued liabilities	$ 50,653	$ 51,788

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Other Comprehensive Income [Member]	Total
Balance at Oct. 31, 2016	$ 1,778,949	$ 126,820,897	$ (120,281,820)	$ 219,308	$ 8,537,334
Balance, shares at Oct. 31, 2016	177,894,967
Issuance of common stock as follows: - for cash at a price of Canadian dollar ("$CDN") $0.08 per share with attached warrants less offering costs of $165,227 (Note 8)	$ 213,650	812,676			1,026,326
Issuance of common stock as follows: - for cash at a price of Canadian dollar ("$CDN") $0.08 per share with attached warrants less offering costs of $165,227 (Note 8) (in shares)	21,365,000
Stock option activity as follows:
Stock-based compensation for options issued to directors, officers, employees and consultants		152,349			152,349
Reclassification of warrants to derivative liability (Note 10)		(94,143)			(94,143)
Reclassification of consultant stock options to liability (Note 9)		(12,115)			(12,115)
Other comprehensive loss - Realized foreign currency translation gain on liquidation of subsidiary				(129,427)	(129,427)
Other comprehensive gain - Foreign currency translation adjustments				2,367	2,367
Net loss			(2,053,544)		(2,053,544)
Balance at Oct. 31, 2017	$ 1,992,599	127,679,664	(122,335,364)	92,248	$ 7,429,147
Balance, shares at Oct. 31, 2017	199,259,967				199,259,967
Issuance of common stock as follows: - for cash at a price of $0.13 per share with attached warrants less offering costs of $343,816 (Note 8)	$ 291,419	3,153,208			$ 3,444,627
Issuance of common stock as follows: - for cash at a price of $0.13 per share with attached warrants less offering costs of $343,816 (Note 8) (in shares)	29,141,872
Issuance of common stock as follows: - exercise of warrants at a price of $CDN 0.13 per share less costs of $795 (Note 8)	$ 55,650	508,689			564,339
Issuance of common stock as follows: - exercise of warrants at a price of $CDN 0.13 per share less costs of $795 (Note 8) (in shares)	5,565,000
Issuance of common stock as follows: - exercise of agent warrants at a price of $CDN 0.10 per share less costs of $333 (Note 8)	$ 9,014	60,556			69,570
Issuance of common stock as follows: - exercise of agent warrants at a price of $CDN 0.10 per share less costs of $333 (Note 8) (in shares)	901,375
Issuance of common stock as follows: - Earn-In option agreement (Note 3)		922,783			922,783
Stock option activity as follows:
Stock-based compensation for options issued to directors, officers, employees and consultants		245,629			245,629
Fair value of warrants issued to agents in connection with the $0.13 per share private placement (Notes 8 and 10)		26,165			26,165
Reclassification of consultant stock options to liability (Note 9)		(28,111)			(28,111)
Reclassification to additional paid-in capital upon exercise of warrants at price of $CDN 0.13 (Note 10)		385,738			385,738
Reclassification to additional paid-in capital upon exercise of warrants at price of $CDN 0.10 (Note 10)		61,447			61,447
Net loss			(3,519,666)		(3,519,666)
Balance at Oct. 31, 2018	$ 2,348,682	$ 133,015,768	$ (125,855,030)	$ 92,248	$ 9,601,668
Balance, shares at Oct. 31, 2018	234,868,214				234,868,214

CONSOLIDATED STATEMENT OF STO_2

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Warrant issuance cost	$ 1,128
Common Stock Issuance One [Member]
Equity issuance, price per share	$ 0.13	$ 0.08
Offering costs incurred	$ 343,816	$ 165,227
Common Stock Issuance Two [Member]
Equity issuance, price per share	$ 0.13
Offering costs incurred	$ 795
Common Stock Issuance Three [Member]
Equity issuance, price per share	$ 0.10
Offering costs incurred	$ 333

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	12 Months Ended
	Oct. 31, 2018
ORGANIZATION, DESCRIPTION OF BUSINESS AND GOING CONCERN [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS Silver Bull Resources, Inc. (the "Company") was incorporated in the State of Nevada on November 8, 1993 as the Cadgie Company for the purpose of acquiring and developing mineral properties. The Cadgie Company was a spin-off from its predecessor, Precious Metal Mines, Inc. On June 28, 1996, the Company's name was changed to Metalline Mining Company. On April 21, 2011, the Company's name was changed to Silver Bull Resources, Inc. The Company's fiscal year-end is October 31. The Company has not realized any revenues from its planned operations and is considered an exploration stage company. The Company has not established any reserves with respect to its exploration projects and may never enter into the development stage with respect to any of its projects. The Company engages in the business of mineral exploration. The Company currently owns a number of property concessions in Mexico (collectively known as the "Sierra Mojada Property"). The Company conducts its operations in Mexico through its wholly-owned subsidiary corporations, Minera Metalin S.A. de C.V. ("Minera Metalin") and Contratistas de Sierra Mojada S.A. de C.V. ("Contratistas") and through Minera Metalin's wholly-owned subsidiary Minas de Coahuila SBR S.A. de C.V. ("Minas"). On April 16, 2010, Metalline Mining Delaware, Inc., a wholly-owned subsidiary of the Company, was merged with and into Dome Ventures Corporation ("Dome"). As a result, Dome became a wholly-owned subsidiary of the Company. Dome has a wholly-owned subsidiary Dome Asia Inc. ("Dome Asia"), which is incorporated in the British Virgin Islands. Dome Asia has a wholly-owned subsidiary, Dome Minerals Nigeria Limited, incorporated in Nigeria. On May 15, 2017, the Company liquidated the Company's Gabonese subsidiary, African Resources SARL Gabon ("African Resources"). As a result of this liquidation, the Company recognized a gain on liquidation of subsidiary of $129,781 in the consolidated statements of operations and comprehensive loss for the year ended October 31, 2017. The Company's efforts and expenditures have been concentrated on the exploration of properties, principally in the Sierra Mojada Property located in Coahuila, Mexico. The Company has not determined whether its exploration properties contain ore reserves that are economically recoverable. The ultimate realization of the Company's investment in exploration properties is dependent upon the success of future property sales, the existence of economically recoverable reserves, and the ability of the Company to obtain financing or make other arrangements for exploration, development, and future profitable production activities. The ultimate realization of the Company's investment in exploration properties cannot be determined at this time.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Oct. 31, 2018
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES This summary of significant accounting policies is presented to assist in understanding the consolidated financial statements. The consolidated financial statements and notes are representations of the Company's management, which is responsible for their integrity and objectivity. Basis of Presentation The Company's consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America ("GAAP") using the accrual method of accounting, except for cash flow amounts. All figures are in United States dollars unless otherwise noted. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, after elimination of intercompany accounts and transactions. The wholly owned subsidiaries of the Company are listed in Note 1 to the consolidated financial statements. The Company consolidates entities in which it has a controlling financial interest based on either the variable interest entity (VIE) or voting interest model. Under the VIE model, a VIE is a reporting entity that has (a) the power to direct the activities that most significantly impact the VIE's economic performance, and (b) the obligation to absorb losses of, or the right to receive benefits from, the VIE that could potentially be significant to the VIE. Currently, the Company manages the mineral exploration program in the property concessions in Mexico through its wholly-owned subsidiary corporations Minera Metalin and Contratistas. The Company has determined Minera Metalin and Contratistas are variable interest entities and the Company is the primary beneficiary. Use of Estimates The preparation of these consolidated financial statements in conformity with GAAP requires management to make estimates based on assumptions about future events that affect the amounts reported in the consolidated financial statements and related notes to the consolidated financial statements. Actual results could differ from those estimates. Estimates and assumptions are reviewed on an ongoing basis based on historical experience and other factors that are considered to be relevant under the circumstances. Revisions to estimates and assumptions are accounted for prospectively. Significant areas involving the use of estimates include determining the allowance for uncollectible taxes, evaluating recoverability of property concessions, evaluating impairment of long-lived assets, evaluating impairment of goodwill, establishing a valuation allowance on future use of deferred tax assets, calculating a valuation for stock option liability, calculating a valuation for warrant derivative liability and calculating stock-based compensation. Revenue Recognition The Company recognizes revenue when the title and risks and rewards of ownership pass to the buyer, the selling price is fixed and determinable, persuasive evidence of an arrangement exists and collection of the sale proceeds is considered probable. As of October 31, 2018, the Company has not recognized any revenues. Cash and Cash Equivalents Cash and cash equivalents include all highly-liquid investments with an original maturity of three months or less at the date of purchase. Property Concessions Property concession acquisition costs are capitalized when incurred and will be amortized using the units of production method following the commencement of production. If a property concession is subsequently abandoned or impaired, any capitalized costs will be expensed in the period of abandonment or impairment. To date, no property concessions have reached the production stage. Acquisition costs include cash consideration and the fair market value of shares issued on the acquisition of property concessions. Exploration Costs Exploration costs incurred are expensed to the date of establishing that costs incurred are economically recoverable. Exploration expenditures incurred subsequent to the establishment of economic recoverability are capitalized and included in the carrying amount of the related property. To date, the Company has not established the economic recoverability of its exploration prospects; therefore, all exploration costs are being expensed. Property and Equipment Property and equipment are recorded at cost less accumulated depreciation and impairment losses. Assets under construction are depreciated when they are substantially complete and available for their intended use, over their estimated useful lives. Repairs and maintenance of property and equipment are expensed as incurred. Costs incurred to enhance the service potential of property and equipment are capitalized and depreciated over the remaining useful life of the improved asset. Property and equipment are depreciated using the straight-line method over the estimated useful lives of the related assets as follows: · Mining equipment – five to 10 years · Vehicles – four years · Building and structures – 40 years · Computer equipment and software – three years · Well equipment – 10 to 40 years · Office equipment – three to 10 years Impairment of Long-Lived Assets Management reviews and evaluates its long-lived assets for impairment when events and changes in circumstances indicate that the related carrying amounts of its assets may not be recoverable. Impairment is considered to exist if the future cash flows on an undiscounted basis are less than the carrying amount of the long-lived asset. An impairment loss is measured and recorded based on the difference between book value and fair value of the asset group. In estimating future cash flows, assets are grouped at the lowest level for which there is identifiable cash flows that are largely independent of cash flows from other asset groups. In estimating future cash flows, the Company estimates the price that would be received to sell an asset group in an orderly transaction between market participants at the measurement date. Significant factors that impact this price include the price of silver and zinc, and general market conditions for exploration companies, among other factors. Goodwill Goodwill is the purchase premium after adjusting for the fair value of net assets acquired. The Company tests goodwill for impairment at the reporting unit level at least annually, or more frequently if events or changes in circumstances indicate that the assets may be impaired. Goodwill impairment tests require judgment, including the identification of reporting units, assignment of assets and liabilities to reporting units, assignment of goodwill to reporting units, and determination of the fair value of each reporting unit. The Company performs its annual goodwill impairment tests at April 30 th Income Taxes The Tax Cuts and Jobs Act of 2017 (the "Tax Reform") The Company follows the asset and liability method of accounting for income taxes. Under this method, deferred income tax assets and liabilities are determined based on temporary differences between the tax basis and accounting basis of the assets and liabilities measured using tax rates enacted at the balance sheet date. The Company recognizes the tax benefit from uncertain tax positions only if it is at least "more likely than not" that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement with the taxing authorities. This accounting standard also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods and disclosure. A valuation allowance is recorded against deferred tax assets if management does not believe that the Company has met the "more likely than not" standard imposed by this guidance to allow recognition of such an asset. Management recorded a full valuation allowance at October 31, 2018 and 2017 against the deferred tax assets as it determined that future realization would not meet the "more likely than not" criteria. Warrant Derivative liability The Company classifies warrants with a Canadian Dollar ("$CDN") exercise price on its consolidated balance sheets as a derivative liability that is fair valued at each reporting period subsequent to the initial issuance as the functional currency of Silver Bull is the U.S. dollar and the exercise price of the warrants is the $CDN. The Company has used the Black-Scholes pricing model to fair value the warrants that do not have an acceleration feature and has used the Monte Carlo valuation model to fair value the warrants that do have an acceleration feature. Determining the appropriate fair-value model and calculating the fair value of warrants requires considerable judgment. Any change in the estimates used may cause the value to be higher or lower than that reported. The estimated volatility of the Company's common stock at the date of issuance, and at each subsequent reporting period, is based on the historical volatility adjusted to reflect the implicit discount to historical volatilities observed in the prices of traded warrants. The risk-free interest rate is based on rates published by the government for bonds with a maturity similar to the expected remaining life of the warrants at the valuation date. The expected life of the warrants is assumed to be equivalent to their remaining contractual term. The dividend yield is expected to be none as the Company has not paid dividend nor does the Company anticipate paying any dividend in the foreseeable future. The derivatives warrants are not traded in an active market and the fair value is determined using valuation techniques. The estimates may be significantly different from those recorded in the consolidated financial statements because of the use of judgment and the inherent uncertainty in estimating the fair value of these instruments that are not quoted in an active market. All changes in the fair value are recorded in the consolidated statement of operations and comprehensive loss each reporting period. Stock-Based Compensation The Company uses the Black-Scholes pricing model as a method for determining the estimated fair value for all stock options awarded to employees, officers, directors and consultants. The expected term of the options is based upon an evaluation of historical and expected future exercise behavior. The risk-free interest rate is based on rates published by the government for bonds with a maturity similar to the expected remaining life of the options at the valuation date. Volatility is determined based upon historical volatility of the Company's stock and adjusted if future volatility is expected to vary from historical experience. The dividend yield is assumed to be none as the Company has not paid dividends nor does the Company anticipate paying any dividends in the foreseeable future. The Company uses the graded vesting attribution method to recognize compensation costs over the requisite service period. Stock options granted to consultants when the exercise price is in $CDN are classified as stock option liability on the Company's consolidated balance sheets upon vesting. The Company classifies cumulative compensation cost associated with options on subsidiary equity as additional paid-in capital until exercise. Loss per Share Basic loss per share includes no dilution and is computed by dividing net loss available to common shareholders by the weighted average common shares outstanding for the period. Diluted loss per share reflects the potential dilution of securities that could share in the earnings of an entity similar to fully diluted loss per share. Although there were stock options and warrants in the aggregate of 55,250,230 shares and 39,958,986 shares outstanding at October 31, 2018 and 2017, respectively, they were not included in the calculation of loss per share because they would have been considered anti-dilutive. Foreign Currency Translation During the years ended October 31, 2018 and 2017, the functional currency of Silver Bull Resources, Inc. and its subsidiaries is the U.S. dollar, except for the former Gabonese subsidiary whose functional currency was the Central African franc ("$CFA"). During the years ended October 31, 2018 and 2017, the Company's Mexican operations' monetary assets and liabilities were translated into U.S. dollars at the period-end exchange rate and non-monetary assets and liabilities were translated using the historical exchange rate. The Company's Mexican operations' revenue and expenses were translated at the average exchange rate during the period except for depreciation of office and mining equipment, costs of office and mining equipment sold and impairment of property concessions, all of which are translated using the historical exchange rate. Foreign currency translation gains and losses of the Company's Mexican operations are included in the consolidated statement of operations. During the year ended October 31, 2017, assets and liabilities of the Company's Gabonese operations were translated into U.S. dollars at the period-end exchange rate, and revenue and expenses were translated at the average exchange rate during the period. Exchange differences arising on translation were disclosed as a separate component of stockholders' equity. Realized gains and losses from foreign currency transactions were reflected in the results of operations. Upon the liquidation of African Resources, the Company reclassified a certain amount from other comprehensive income to gain on the liquidation of a subsidiary in the consolidated statements of operations and comprehensive loss. Accounting for Loss Contingencies and Legal Costs From time to time, the Company is named as a defendant in legal actions arising from its normal business activities. The Company records an accrual for the estimated loss from a loss contingency when information available prior to issuance of its financial statements indicates that it is probable that a liability has been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. Disclosure of a loss contingency is made by the Company if there is at least a reasonable possibility that a loss has been incurred, and either an accrual has not been made or an exposure to loss exists in excess of the amount accrued. In cases where only disclosure of the loss contingency is required, either the estimated loss or a range of estimated loss is disclosed or it is stated that an estimate cannot be made. Legal costs incurred in connection with loss contingencies are considered period costs and accordingly are expensed in the period services are provided. Recent Accounting Pronouncements Adopted in the Year Effective November 1, 2017, the Company adopted the Financial Accounting Standards Board's ("FASB") Accounting Standards Update (" Effective as of November 1, 2017, the Company adopted the FASB's ASU Recent Accounting Pronouncements Not Yet Adopted In June 2018, the FASB issued ASU 2018-07, "Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting," to include share-based payment transactions for acquiring goods and services from nonemployees. ASU 2018-07 simplifies the accounting for nonemployee share-based payments, aligning it more closely with the accounting for employee awards. These changes become effective for the Company's fiscal year beginning November 1, 2019. Early application is permitted. At this time, the Company has not determined the effects of this update on the Company's financial position, results of operations or cash flows and disclosures. In February 2017, the FASB issued ASU 2017-05, "Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20), Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets," which addresses the transfer to noncustomers of nonfinancial assets or ownership interests in consolidated subsidiaries that do not constitute a business and the contribution of nonfinancial assets that are not a business to a joint venture or other noncontrolled investee. These changes become effective for the Company's fiscal year beginning November 1, 2018. At this time, the Company has not completed the assessment of the effects of this update on the Company's financial position, results of operations or cash flows and disclosures. The Company's preliminary assessment has focused on the assets of our subsidiaries involved in the Sierra Mojada Project and, based on our preliminary assessment, the Company does not expect this standard to affect the Company's conclusion that the assets of our Sierra Mojada Project should not be derecognized at this time. In January 2017, the FASB issued ASU 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business," which clarifies the definition of a business to assist entities in the evaluation of acquisitions and disposals of assets or businesses. If substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or group of similar identifiable assets, the set is not considered a business. These changes became effective for the Company's fiscal year beginning November 1, 2018. Although the subject of the standard may be applicable to the Company's financial statements at the time of an acquisition or disposition, the standard change is to be applied prospectively and, accordingly, is not expected to affect the Company's financial statements as of the effective date. In November 2016, the FASB issued ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash," which requires entities to show the changes in the total of cash, cash equivalents, restricted cash and restricted cash equivalents in the statement of cash flows. These changes became effective for the Company's fiscal year beginning November 1, 2018. At this time, the Company does not expect this standard to affect the Company's financial position, results of operations or cash flows and disclosures. In August 2016, the FASB issued ASU 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments," which provides guidance on the presentation and classification of certain cash receipts and payments in the statement of cash flows. These changes became effective for the Company's fiscal year beginning November 1, 2018. At this time, the Company does not expect this standard to affect the Company's financial position, results of operations or cash flows and disclosures. In February 2016, the FASB issued ASU 2016-02, "Leases," which will require lessees to recognize assets and liabilities for the rights and obligations created by most leases on the balance sheet. These changes become effective for the Company's fiscal year beginning November 1, 2019. Modified retrospective adoption for all leases existing at, or entered into after, the date of initial application, is required with an option to use certain transition relief. At this time, the Company has not determined the effects of this update on the Company's financial position, results of operations or cash flows and disclosures. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments – Overall: Recognition and Measurement of Financial Assets and Financial Liabilities," which (i) requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income, (ii) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, (iii) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset, and (iv) eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost. These changes became effective for the Company's fiscal year beginning November 1, 2018. At this time, the Company does not expect this standard to affect the Company's financial position, results of operations or cash flows and disclosures. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)," which has subsequently been amended to update revenue guidance under the newly-created ASC 606. The new standard provides a five-step approach to be applied to all contracts with customers and also requires expanded disclosures about revenue recognition. In August 2015, the FASB issued ASU 2015-14, "Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date," which deferred the effective date of ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)" became effective for the Company's fiscal year beginning November 1, 2018. At this time, the Company does not expect this standard to affect the Company's financial position, results of operations or cash flows and disclosures. Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force) and the SEC did not or are not expected to have a material impact on the Company's present or future consolidated financial statements.

EARN-IN OPTION AGREEMENT

EARN-IN OPTION AGREEMENT	12 Months Ended
	Oct. 31, 2018
Other Commitments [Abstract]
EARN-IN OPTION AGREEMENT	NOTE 3 – EARN-IN OPTION AGREEMENT On June 1, 2018, the Company and its subsidiaries Minera Metalin and Contratistas entered into an Earn-In Option Agreement (the "Option Agreement") with South32 International Investment Holdings Pty Ltd ("South32"), a wholly-owned subsidiary of South32 Limited (ASX/JSE/LSE: S32), whereby South32 is able to obtain an option to purchase 70% of the shares of Minera Metalin and Contratistas (the "Option"), Minera Metalin owns the Sierra Mojada Property located in Coahuila, Mexico (the "Sierra Mojada Project"), and Contratistas supplies labor for the Sierra Mojada Project. Under the Option Agreement, South32 earns into the Option by funding a collaborative exploration program on the Sierra Mojada Project. Upon the terms and subject to the conditions set forth in the Option Agreement, in order for South32 to earn and maintain its four-year Option, South32 must have contributed to Minera Metalin for exploration of the Sierra Mojada Project at least $3 million by the end of Year 1, $6 million by the end of Year 2, $8 million by the end of Year 3 and $10 million by the end of Year 4 (the "Initial Funding"). Funding is made on a quarterly basis based on the subsequent quarter's exploration budget. South32 may exercise the Option by contributing $100 million to Minera Metalin (the "Subscription Payment"), less the amount of Initial Funding previously contributed by South32. The issuance of shares upon notice of exercise of the Option by South32 is subject to antitrust approval by the Mexican government. If the full amount of the Subscription Payment is advanced by South32 and the Option becomes exercisable and is exercised, the Company and South32 will be obligated to contribute funding to Minera Metalin on a 30/70 pro rata basis. If South32 elects not to continue with the Option during the four-year option period, the Sierra Mojada Project will remain 100% owned by the Company. The exploration program will be initially managed by the Company with South32 being able to approve the exploration program funded by it. In June 2018, the Company received initial funding from South32 of $922,783. In December 2018, the Company received the second payment of $309,000 from South32. As of October 31, 2018, $236,846 remains unspent. South32 is able to terminate the Option Agreement at any time without penalty other than forfeiture of the Option. If the Option Agreement is terminated by South32 without cause or if South32 is unable to obtain antitrust authorization from the Mexican government, the Company is under no obligation to reimburse South32 for amounts contributed under the Option Agreement. Upon exercise of the Option, Minera Metalin and Contratistas are required to issue common shares to South32. Pursuant to the Option Agreement, following exercise and until a decision has been made by the board of directors of Minera Metalin to develop and construct a mine on the Sierra Mojada Project, each shareholder holding greater than or equal to 10% of the shares may withdraw as an owner in exchange for a 2% net smelter royalty on products produced and sold from the Sierra Mojada Project. Any shareholder whose holdings are reduced to less than 10% must surrender its interest in exchange for a 2% net smelter royalty. The Company has determined the Option Agreement has not resulted in the transfer of control of the Sierra Mojada Project to South32. The Company has also determined that the Option Agreement represents non-employee share-based compensation associated with the collaborative exploration program undertaken by the parties. The compensation cost is expensed when the associated exploration activity occurs. The share-based payments have been classified as equity instruments and valued based on the fair value of consideration received, as it is more reliably measurable than the fair value of the equity interest. If the Option is exercised and shares are issued prior to a decision to develop a mine, such shares would be classified as temporary equity as they would be contingently redeemable in exchange for a net smelter royalty under circumstances not wholly in control of the Company or South32 and which are not currently probable. No portion of the equity value has been classified as temporary equity as the option has no intrinsic value. The combined carrying amount of the assets and liabilities of Minera Metalin and Contratistas (consolidated with their wholly-owned subsidiary) are as follows at October 31, 2018: Assets: Mexico Cash and cash equivalents $ 33,000 Value-added tax receivable, net 175,000 Other receivables 1,000 Prepaid expenses and deposits 11,000 Office and mining equipment, net 201,000 Property concessions 5,020,000 Total assets $ 5,441,000 Liabilities: Accounts payable 4,000 Accrued liabilities and expenses 319,000 Payable to Silver Bull Resources, Inc. to be converted to equity upon exercise of the Option 3,640,000 Total liabilities $ 3,963,000 Net advances and investment in the Company's Mexican subsidiaries $ 1,478,000 In addition, at October 31, 2018, Silver Bull Resources, Inc. holds $224,000 of cash received from South32, which is to be contributed to the capital of the Mexican subsidiaries as required for exploration. Cash received from South32 is required to be used to further exploration of Sierra Mojada. The Company's maximum exposure to loss at October 31, 2018 is $5,118,000, which includes the carrying value of the VIEs' net assets excluding the payable to Silver Bull Resources, Inc.

VALUE-ADDED TAX RECEIVABLE

VALUE-ADDED TAX RECEIVABLE	12 Months Ended
	Oct. 31, 2018
Receivables [Abstract]
VALUE-ADDED TAX RECEIVABLE	NOTE 4 – VALUE-ADDED TAX RECEIVABLE Value-added tax ("VAT") receivable relates to VAT paid in Mexico. The Company estimates net VAT of $175,020 will be received within 12 months of the balance sheet date. The allowance for uncollectible VAT taxes was estimated by management based upon a number of factors, including the length of time the returns have been outstanding, responses received from tax authorities, general economic conditions in Mexico and estimated net recovery after commissions. During the fiscal year ended October 31, 2017, a recovery of VAT originating from Gabon of $52,951 and Mexico of $17,030 has been recorded in the consolidated statements of operations and comprehensive loss. A summary of the changes in the allowance for uncollectible VAT taxes related to Mexico for the fiscal years ended October 31, 2018 is as follows: Allowance for uncollectible VAT taxes – October 31, 2016 $ 88,283 Recovery of uncollectible VAT Taxes (17,030 ) Write-off VAT receivable (2,312 ) Foreign currency translation adjustment (1,212 ) Allowance for uncollectible VAT taxes – October 31, 2017 67,729 Provision for uncollectible VAT Taxes 37,457 Write-off VAT receivable (3,440 ) Foreign currency translation adjustment (3,332 ) Allowance for uncollectible VAT taxes – October 31, 2018 $ 98,414

OFFICE AND MINING EQUIPMENT

OFFICE AND MINING EQUIPMENT	12 Months Ended
	Oct. 31, 2018
Property, Plant and Equipment [Abstract]
OFFICE AND MINING EQUIPMENT	NOTE 5 – OFFICE AND MINING EQUIPMENT The following is a summary of the Company's office and mining equipment at October 31, 2018 and October 31, 2017: October 31, October 31, 2018 2017 Mining equipment $ 358,513 $ 358,513 Vehicles 73,287 53,451 Buildings and structures 185,724 185,724 Computer equipment and software 74,236 74,236 Well equipment 39,637 39,637 Office equipment 47,597 47,597 778,994 759,158 Less: Accumulated depreciation (577,508 ) (550,403 ) Office and mining equipment, net $ 201,486 $ 208,755

PROPERTY CONCESSIONS

PROPERTY CONCESSIONS	12 Months Ended
	Oct. 31, 2018
PROPERTY CONCESSIONS [Abstract]
PROPERTY CONCESSIONS	NOTE 6 – PROPERTY CONCESSIONS The following is a summary of the Company's property concessions in Sierra Mojada, Mexico as at October 31, 2018 and 2017: Property Concessions – October 31, 2017 $ 5,004,386 Acquisitions 15,541 Property Concessions – October 31, 2018 $ 5,019,927

GOODWILL

GOODWILL	12 Months Ended
	Oct. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	NOTE 7 – GOODWILL Goodwill represents the excess, at the date of acquisition, of the purchase price of the business acquired over the fair value of the net tangible and intangible assets acquired. The following is a summary of the Company's goodwill balance as at October 31, 2018 and 2017: Goodwill – October 31, 2018 and 2017 $ 2,058,031

COMMON STOCK

COMMON STOCK	12 Months Ended
	Oct. 31, 2018
Stockholders' Equity Note [Abstract]
COMMON STOCK	NOTE 8 – COMMON STOCK On July 25 and August 20, 2018, the Company completed a two tranche private placement for 29,141,872 units at a purchase price of $0.13 per unit (the "$0.13 Unit") for gross proceeds of $3,788,443. Each $0.13 Unit consists of one share of the Company's common stock and one half of one common stock purchase warrant (the "$0.13 Warrant"). Each full $0.13 Warrant entitles the holder thereof to acquire one share of common stock at a price of $0.16 for a period of 24 months from the closing of the private placement. The Company paid a 7% finder's fee totaling $224,110 to agents with respect to certain purchasers who were introduced by these agents. In addition, the agents received 1,231,374 non-transferable warrants (the "2018 Agent's Warrants"). Each 2018 Agent's Warrant entitles an agent to acquire one share of common stock at a price of $0.14 for a period of 24 months from the closing of the private placement. The fair value of the 2018 Agent's Warrants was determined to be $26,165 (Note 10), and the Company incurred other offering costs of $93,541. On June 6, 2018, 43,750 warrants to acquire 43,750 shares of common stock were exercised at an exercise price of $CDN 0.10 per share of common stock for aggregate gross proceeds of $3,388 ($CDN 4,375). On May 28, 2018, 292,250 warrants to acquire 292,250 shares of common stock were exercised at an exercise price of $CDN 0.10 per share of common stock for aggregate gross proceeds of $22,479 ($CDN 29,225). On May 7, 2018, 125,000 warrants to acquire 125,000 shares of common stock were exercised at an exercise price of $CDN 0.13 per share of common stock for aggregate gross proceeds of $12,632 ($CDN 16,250). On May 7, 2018, 526,000 warrants to acquire 526,000 shares of common stock were exercised at an exercise price of $CDN 0.10 per share of common stock for aggregate gross proceeds of $40,889 ($CDN 52,600). On April 4, 2018, 625,000 warrants to acquire 625,000 shares of common stock were exercised at an exercise price of $CDN 0.13 per share of common stock for aggregate gross proceeds of $63,432 ($CDN 81,250). On March 29, 2018, 1,000,000 warrants to acquire 1,000,000 shares of common stock were exercised at an exercise price of $CDN 0.13 per share of common stock for aggregate gross proceeds of $100,822 ($CDN 130,000). On March 28, 2018, 8,750 warrants to acquire 8,750 shares of common stock were exercised at an exercise price of $CDN 0.10 per share of common stock for aggregate gross proceeds of $678 ($CDN 875). On March 15, 2018, 1,025,000 warrants to acquire 1,025,000 shares of common stock were exercised at an exercise price of $CDN 0.13 per share of common stock for aggregate gross proceeds of $102,248 ($CDN 133,250). On March 14, 2018, 250,000 warrants to acquire 250,000 shares of common stock were exercised at an exercise price of $CDN 0.13 per share of common stock for aggregate gross proceeds of $25,108 ($CDN 32,500). On March 8, 2018, 974,500 warrants to acquire 974,500 shares of common stock were exercised at an exercise price of $CDN 0.13 per share of common stock for aggregate gross proceeds of $98,000 ($CDN 126,685). On February 20, 2018, 8,750 warrants to acquire 8,750 shares of common stock were exercised at an exercise price of $CDN 0.10 per share of common stock for aggregate gross proceeds of $693 ($CDN 875). On February 20, 2018, 250,000 warrants to acquire 250,000 shares of common stock were exercised at an exercise price of $CDN 0.13 per share of common stock for aggregate gross proceeds of $25,749 ($CDN 32,500). On February 16, 2018, 250,000 warrants to acquire 250,000 shares of common stock were exercised at an exercise price of $CDN 0.13 per share of common stock for aggregate gross proceeds of $25,917 ($CDN 32,500). On February 13, 2018, 178,000 warrants to acquire 178,000 shares of common stock were exercised at an exercise price of $CDN 0.13 per share of common stock for aggregate gross proceeds of $18,365 ($CDN 23,140). On January 29, 2018, 21,875 warrants to acquire 21,875 shares of common stock were exercised at an exercise price of $CDN 0.10 per share of common stock for aggregate gross proceeds of $1,773 ($CDN 2,188). On January 22, 2018, 62,500 warrants to acquire 62,500 shares of common stock were exercised at an exercise price of $CDN 0.13 per share of common stock for aggregate gross proceeds of $6,522 ($CDN 8,125). On January 15, 2018, 625,000 warrants to acquire 625,000 shares of common stock were exercised at an exercise price of $CDN 0.13 per share of common stock for aggregate gross proceeds of $65,408 ($CDN 81,250). On January 8, 2018, 200,000 warrants to acquire 200,000 shares of common stock were exercised at an exercise price of $CDN 0.13 per share of common stock for aggregate gross proceeds of $20,931 ($CDN 26,000). The Company incurred costs of $1,128 related to the warrant exercises in the year ended October 31, 2018. On July 10 and August 3, 2017, the Company completed a two tranche private placement for 21,365,000 units at a purchase price of $CDN 0.08 per unit (the "$CDN 0.08 Unit") for gross proceeds of $1,330,976 ($CDN 1,709,200). Each $CDN 0.08 Unit consists of one share of the Company's common stock and one warrant (the "$CDN 0.08 Warrant"). Each $CDN 0.08 Warrant entitles the holder thereof to acquire one share of common stock at a price of $CDN 0.13 for a period of 24 months from the closing of the private placement. The Company paid a 7% finder's fee totaling $78,169 to agents with respect to certain purchasers who were introduced by these agents. In addition, the agents received 1,259,300 non-transferable warrants (the "2017 Agent's Warrants"). Each 2017 Agent's Warrant entitles an agent to acquire one share of common stock at a price of $CDN 0.10 for a period of 24 months from the closing of the private placement. The fair value of the 2017 Agent's Warrants was determined to be $12,967 (Note 10), and the Company incurred other offering costs of $92,910. Of these costs $18,819 is included in warrant issuance costs in the consolidated statements of operations and comprehensive loss.

STOCK OPTIONS

STOCK OPTIONS	12 Months Ended
	Oct. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK OPTIONS	NOTE 9 – STOCK OPTIONS The Company has one stock option plan, the 2010 Stock Option and Stock Bonus Plan, as amended (the "2010 Plan"). Under the 2010 Plan, the lesser of (i) 30,000,000 shares or (ii) 10% of the total shares outstanding are reserved for issuance upon the exercise of options or the grant of stock bonuses. Options are typically granted with an exercise price equal to the closing market price of the Company's stock at the date of grant, have a graded vesting schedule over approximately one to two years and have a contractual term of five years. A summary of the range of assumptions used to value stock options granted for the years ended October 31, 2018 and 2017 are as follows: Year Ended October 31, Options 2018 2017 Expected volatility 40% – 87% 78% – 87% Risk-free interest rate 1.94% – 2.60% 1.35% – 1.56% Dividend yield — — Expected term (in years) 2.50 – 5.00 2.50 – 3.50 During the year ended October 31, 2018, the Company granted options to acquire 350,000 shares of common stock with an exercise price of $CDN 0.215 per share and 7,825,000 options to acquire shares of common stock with an exercise price of $CDN 0.13 per share. No options were exercised during the year ended October 31, 2018. The weighted-average grant-date fair value of the stock options granted was $0.06 per share. During the year ended October 31, 2017, the Company granted options to acquire 4,075,000 shares of common stock with a weighted-average grant-date fair value of $0.05 per share and an exercise price of $CDN 0.125 per share. No options were exercised during the year ended October 31, 2017. The following is a summary of stock option activity for the fiscal years ended October 31, 2018 and 2017: Options Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value Outstanding at October 31, 2016 11,517,858 0.28 2.66 $ 227,891 Granted 4,075,000 0.09 Expired (2,770,000 ) 0.52 Cancelled (28,572 ) 2.18 Outstanding at October 31, 2017 12,794,286 0.16 2.98 $ 110,622 Granted 8,175,000 0.10 Expired (2,019,286 ) 0.40 Outstanding at October 31, 2018 18,950,000 $ 0.11 3.48 $ 429,158 Exercisable at October 31, 2018 12,375,000 $ 0.12 3.24 $ 323,930 The Company recognized stock-based compensation costs for stock options of $245,629 and $152,349 for the fiscal years ended October 31, 2018 and 2017, respectively. As of October 31, 2018, there remains $283,807 of total unrecognized compensation expense, which is expected to be recognized over a weighted average period of 0.7 years. Summarized information about stock options outstanding and exercisable at October 31, 2018 is as follows: Options Outstanding Options Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.06 4,075,000 2.32 $ 0.06 4,075,000 $ 0.06 0.10 11,900,000 4.39 0.10 5,325,000 0.10 0.16 350,000 4.30 0.16 350,000 0.16 0.19 – 0.26 2,625,000 1.06 0.25 2,625,000 0.25 $ 0.06 – 0.26 18,950,000 3.48 $ 0.11 12,375,000 $ 0.12 Stock options granted to consultants with a $CDN exercise price are classified as a stock option liability on the Company's consolidated balance sheets upon vesting. The following is a summary of the Company's stock option liability at October 31, 2018 and October 31, 2017: Stock option liability at October 31, 2016 $ — Reclassification from additional paid-in capital 12,115 Change in fair value of stock option liability (6,921 ) Stock option liability at October 31, 2017 $ 5,194 Reclassification from additional paid-in capital 28,111 Change in fair value of stock option liability (8,189 ) Stock option liability at October 31, 2018 $ 25,116

WARRANTS

WARRANTS	12 Months Ended
	Oct. 31, 2018
Warrants and Rights Note Disclosure [Abstract]
WARRANTS	NOTE 10 – WARRANTS A summary of warrant activity for the fiscal years ended October 31, 2018 and 2017 is as follows: Warrants Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value Outstanding at October 31, 2016 4,540,400 $ 0.12 2.67 $ — Issued in the $CDN 0.08 Unit private placement (Note 8) 21,365,000 $ 0.10 Agent's Warrants (Note 8) 1,259,300 0.08 Outstanding and exercisable at October 31, 2017 27,164,700 $ 0.10 1.70 $ 9,769 Issued in the $0.13 Unit private placement (Note 8) 14,570,931 $ 0.16 Agent's Warrants (Note 8) 1,231,374 $ 0.14 Expired (200,400 ) $ 0.15 Exercised (6,466,375 ) $ 0.10 Outstanding and exercisable at October 31, 2018 36,300,230 $ 0.13 1.16 $ 254,068 During the year ended October 31, 2018, the Company issued 14,570,931 warrants with an exercise price of $0.16 in connection with the $0.13 Unit private placement and issued 1,231,374 compensation warrants to agents with an exercise price of $0.14 (Note 8). The fair value of the 2018 Agent's Warrants was determined to be $26,165 based on the Black-Scholes pricing model using a risk-free interest rate of 2.8% - 2.9%, expected volatility of 39% - 45%, a dividend yield of 0%, and a contractual term of two years. Warrants exercised during the year ended October 31, 2018 are discussed in Note 8. The warrants exercised during the year end October 31, 2018 had an intrinsic value of $447,185. During the year ended October 31, 2017, the Company issued 21,365,000 warrants with an exercise price of $CDN 0.13 in connection with the $CDN 0.08 Unit private placement and issued 1,259,300 compensation warrants to agents with an exercise price of $CDN 0.10 (Note 8). The fair value of the warrants issued on the date of issuance in the $CDN 0.08 Unit private placement was determined to be $139,423 based on the Black-Scholes pricing model. The fair value of the 2017 Agent's Warrants on the date of issuance was determined to be $12,967 based on the Black-Scholes pricing model. No warrants were exercised during the year ended October 31, 2017. Summarized information about warrants outstanding and exercisable at October 31, 2018 is as follows: Warrants Outstanding and Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price $ 0.08 357,925 0.69 $ 0.08 0.10 15,800,000 0.70 0.10 0.12 4,340,000 0.72 0.12 0.14 1,231,374 1.75 0.14 0.16 14,570,931 1.75 0.16 $ 0.08 – 0.16 36,300,230 1.16 $ 0.13 If the closing price of the common stock on the TSX is higher than $CDN 0.30 for 20 consecutive trading days, then on the 20th consecutive trading day (the "Acceleration Trigger Date") the expiry date of the above $0.12 warrants may be accelerated to the 20th trading day after the Acceleration Trigger Date by the issuance, within three trading days of the Acceleration Trigger Date, of a news release announcing such acceleration The Company's warrants with a $CDN exercise price have been recognized as a derivative liability. The following is a summary of the Company's warrant derivative liability at October 31, 2018 and October 31, 2017: Warrant derivative liability at October 31, 2016 $ — Reclassification from additional paid-in capital 94,143 Warrants issued in $CDN 0.08 Unit private placement 139,423 Agent's warrants issued in $CDN 0.08 Unit private placement 12,967 Change in fair value of warrant derivative liability 100,020 Foreign currency translation adjustment (4,836 ) Warrant derivative liability at October 31, 2017 $ 341,717 Change in fair value of warrant derivative liability 510,968 Reclassification to additional paid-in capital upon exercise of warrants (447,185 ) Warrant derivative liability at October 31, 2018 $ 405,500

TAX REFORM AND INCOME TAXES

TAX REFORM AND INCOME TAXES	12 Months Ended
	Oct. 31, 2018
Income Tax Disclosure [Abstract]
TAX REFORM AND INCOME TAXES	NOTE 11 – TAX REFORM AND INCOME TAXES Provision for Taxes The Tax Reform The Tax Reform requires the Company to use a blended statutory tax rate of 23% for the year ended October 31, 2018. The Company files a United States federal income tax return and a Canadian branch return on a fiscal year-end basis and files Mexican income tax returns for its three Mexican subsidiaries on a calendar year-end basis. The Company and two of its wholly-owned subsidiaries, Minera Metalin and Minas, have not generated taxable income since inception. Contratistas, another wholly-owned Mexican subsidiary, has historically generated taxable income based upon intercompany fees billed to Minera Metalin on the services it provides. On April 16, 2010, a wholly-owned subsidiary of the Company was merged with and into Dome, resulting in Dome becoming a wholly-owned subsidiary of the Company. Dome, a Delaware corporation, files a tax return in the United States as part of the Company's consolidated tax return. The components of loss before income taxes were as follows: For the year ended October 31, 2018 2017 United States $ (2,228,000 ) $ (1,339,000 ) Foreign (1,288,000 ) (713,000 ) Loss before income taxes $ (3,516,000 ) $ (2,052,000 ) The components of the provision for income taxes are as follows: For the year ended October 31, 2018 2017 Current tax expense $ 3,718 $ 1,867 Deferred tax expense — — $ 3,718 $ 1,867 The Company's provision for income taxes for the fiscal year ended October 31, 2018 consisted of a tax expense of $3,718 related to a provision for income taxes for Contratistas and the Silver Bull Canadian branch return for the fiscal year ended October 31, 2018. The reconciliation of the provision for income taxes computed at the U.S. statutory rate to the provision for income tax as shown in the statement of operations and comprehensive loss is as follows: For the year ended October 31, 2018 2017 Income tax benefit calculated at U.S. federal income tax rate $ (808,000 ) $ (718,000 ) Differences arising from: Other permanent differences 207,000 130,000 Differences due to foreign income tax rates (81,000 ) 43,000 Adjustment to prior year taxes 68,000 (77,000 ) Inflation adjustment foreign net operating loss (375,000 ) (422,000 ) Foreign currency fluctuations 417,000 115,000 (Decrease) increase in valuation allowance (4,810,000 ) 353,000 Re-measurement of deferred tax assets at 21% 4,767,000 — Net operation loss carry forwards expiration - United States 99,000 — Net operation loss carry forwards expiration - Mexico 520,000 565,000 Other — 13,000 Net income tax provision $ 4,000 $ 2,000 The components of the deferred tax assets at October 31, 2018 and 2017 were as follows: October 31, 2018 2017 Deferred tax assets: Net operating loss carry forwards – U.S. $ 7,232,000 $ 11,766,000 Net capital loss carry forwards – U.S. 62,000 103,000 Net operating loss carry forwards – Mexico 7,736,000 8,111,000 Stock-based compensation – U.S. 7,000 11,000 Exploration costs 295,000 122,000 Other – United States 26,000 36,000 Other – Mexico 19,000 38,000 Total net deferred tax assets 15,377,000 20,187,000 Less: valuation allowance (15,377,000 ) (20,187,000 ) Net deferred tax asset $ — $ — At October 31, 2018, the Company has U.S. net operating loss carry-forwards of approximately $34 million that expire in the years 2019 through 2038. The Company has U.S net capital loss carry-forwards of approximately $0.3 million that expire in the year 2020. The Company has approximately $26 million of net operating loss carry-forwards in Mexico that expire in the years 2019 through 2028. The valuation allowance for deferred tax assets of $15.4 and $20.2 million at October 31, 2018 and 2017, respectively, relates principally to the uncertainty of the utilization of certain deferred tax assets, primarily net operating loss carry forwards in various tax jurisdictions. The decrease in deferred tax assets prior to valuation allowance was primarily due to applying a 21% enacted federal tax rates at October 31, 2018 compared to 35% at October 31, 2017 for U.S. balances. The Company continually assesses both positive and negative evidence to determine whether it is more likely than not that the deferred tax assets can be realized prior to their expiration. Based on the Company's assessment, it has determined that the deferred tax assets are not currently realizable. Net Operating Loss Carry Forward Limitation The Tax Reform Act of 1986 contains provisions that limit the utilization of net operating loss and tax credit carry forwards if there has been a change in ownership as described in Section 382 of the Internal Revenue Code. As a result of the Dome merger in April 2010, substantial changes in the Company's ownership have occurred that may limit or reduce the amount of net operating loss carry forwards that the Company could utilize in the future to offset taxable income. The Company has not completed a detailed Section 382 study at this time to determine what impact, if any, that ownership change may have had on its operating loss carry forwards. In each period since its inception, the Company has recorded a valuation allowance for the full amount of its deferred tax assets, as the realization of the deferred tax asset is uncertain. As a result, the Company has not recognized any federal or state income tax benefit in its consolidated statement of operations and comprehensive loss. Accounting for Uncertainty in Income Taxes During the fiscal years ended October 31, 2018 and 2017, the Company has not identified any unrecognized tax benefits or had any additions or reductions in tax positions and therefore a reconciliation of the beginning and ending amount of unrecognized tax benefits is not presented. The Company does not have any unrecognized tax benefits as of October 31, 2018, and accordingly the Company's effective tax rate will not be materially affected by unrecognized tax benefits. The following tax years remain open to examination by the Company's principal tax jurisdictions: United States: 2014 and all following years Mexico: 2013 and all following years Canada: 2014 and all following years The Company has not identified any uncertain tax position for which it is reasonably possible that the total amount of unrecognized tax benefit will significantly increase or decrease within the next 12 months. The Company's policy is to classify tax related interest and penalties as income tax expense. There is no interest or penalties estimated on the underpayment of income taxes as a result of unrecognized tax benefits.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	12 Months Ended
	Oct. 31, 2018
Fair Value Disclosures [Abstract]
FINANCIAL INSTRUMENTS	NOTE 12 – FINANCIAL INSTRUMENTS Fair Value Measurements All financial assets and financial liabilities are recorded at fair value on initial recognition. Transaction costs are expensed when they are incurred, unless they are directly attributable to the acquisition of financial assets or the assumption of liabilities carried at amortized cost, in which case the transaction costs adjust the carrying amount. The three levels of the fair value hierarchy are as follows: Level 1 Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2 Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability; and Level 3 Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity). Under fair value accounting, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company's financial instruments consist of cash and cash equivalents, accounts payable, stock option liability and warrant derivative liability. The carrying amounts of cash and cash equivalents and accounts payable approximate fair value at October 31, 2018 and 2017 due to the short maturities of these financial instruments. Derivative liability The Company classifies warrants with a $CDN exercise price on its consolidated balance sheets as a derivative liability that is fair valued at each reporting period subsequent to the initial issuance as the functional currency of Silver Bull is the U.S. dollar. The Company has used the Black-Scholes pricing model to determine the fair value of the warrants that do not have an acceleration feature and has used the Monte Carlo valuation model to determine the fair value of the warrants that do have an acceleration feature (Note 10). Determining the appropriate fair-value model and calculating the fair value of warrants requires considerable judgment. Any change in the estimates used may cause the value to be higher or lower than that reported. The estimated volatility of the Company's common stock at the date of issuance, and at each subsequent reporting period, is based on the historical volatility adjusted to reflect the implicit discount to historical volatilities observed in the prices of traded warrants. The risk-free interest rate is based on rates published by the government for bonds with a maturity similar to the expected remaining life of the warrants at the valuation date. The expected life of the warrants is assumed to be equivalent to their remaining contractual term. The dividend yield is expected to be none as the Company has not paid dividends nor does the Company anticipate paying a dividend in the foreseeable future. The Company reclassifies stock options granted to consultants with a $CDN exercise price on its consolidated balance sheets upon vesting as a stock option liability that is fair valued at each reporting period subsequent to reclassification as the functional currency of Silver Bull is the U.S. dollar. The Company has used the Black-Scholes pricing model to fair value these stock options. Determining the appropriate fair-value model and calculating the fair value of these stock options requires considerable judgment. Any change in the estimates used may cause the value to be higher or lower than that reported. The estimated volatility of the Company's common stock at the date of reclassification, and at each subsequent reporting period, is based on the historical volatility of the Company's common stock and adjusted if future volatility is expected to vary from historical experience. The risk-free interest rate is based on rates published by the government for bonds with a maturity similar to the expected remaining life of the options at the valuation date. The expected life of the options is based upon historical and expected future exercise behavior. The dividend yield is expected to be none as the Company has not paid dividends nor does the Company anticipate paying any dividend in the foreseeable future. The derivatives warrants are not traded in an active market and the fair value is determined using valuation techniques. The estimates may be significantly different from those recorded in the consolidated financial statements because of the use of judgment and the inherent uncertainty in estimating the fair value of these instruments that are not quoted in an active market. All changes in the fair value are recorded in the consolidated statement of operations and comprehensive loss each reporting period. These are considered to be a Level 3 financial instrument. The Company has the following liabilities under the fair value hierarchy: October 31, 2018 Liability Level 1 Level 2 Level 3 Stock option liability $ — $ — $ 25,116 Warrant derivative liability $ — $ — $ 405,500 Credit Risk Credit risk is the risk that the counterparty to a financial instrument will cause a financial loss for the Company by failing to discharge its obligations. To mitigate exposure to credit risk on financial assets, the Company has established policies to ensure liquidity of funds and ensure that counterparties demonstrate minimum acceptable credit worthiness. The Company maintains its U.S. dollar and $CDN cash and cash equivalents in bank and demand deposit accounts with major financial institutions with high credit standings. Cash deposits held in the United States are insured by the Federal Deposit Insurance Corporation ("FDIC") for up to $250,000 and $CDN cash deposits held in Canada are insured by the Canada Deposit Insurance Corporation ("CDIC") for up to $CDN 100,000. Certain United States and Canadian bank accounts held by the Company exceed these federally insured limits or are uninsured as they related to U.S. dollar deposits held in Canadian financial institutions. As of October 31, 2018 and 2017, the Company's cash and cash equivalent balances held in United States and Canadian financial institutions included $2,919,461 and $578,773 respectively, which was not insured by the FDIC or CDIC. The Company has not experienced any losses on such accounts and management believes that using major financial institutions with high credit ratings mitigates the credit risk in cash and cash equivalents. The Company also maintains cash in bank accounts in Mexico. These accounts are denominated in the local currency and are considered uninsured. As of October 31, 2018 and 2017, the U.S. dollar equivalent balance for these accounts was $32,668 and $25,408, respectively. Interest Rate Risk The Company holds substantially all of the Company's cash and cash equivalents in bank and demand deposit accounts with major financial institutions. The interest rates received on these balances may fluctuate with changes in economic conditions. Based on the average cash and cash equivalent balances during the fiscal year ended October 31, 2018, a 1% decrease in interest rates would have resulted in a reduction in interest income for the period of approximately $4,065. Foreign Currency Exchange Risk The Company is not subject to any material market risk related to foreign currency exchange rate fluctuations.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Oct. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 13 – COMMITMENTS AND CONTINGENCIES Compliance with Environmental Regulations The Company's exploration activities are subject to laws and regulations controlling not only the exploration and mining of mineral properties, but also the effect of such activities on the environment. Compliance with such laws and regulations may necessitate additional capital outlays or affect the economics of a project, and cause changes or delays in the Company's activities. Property Concessions Mexico To properly maintain property concessions in Mexico, the Company is required to pay a semi-annual fee to the Mexican government and complete annual assessment work. Royalty The Company has agreed to pay a 2% net smelter return royalty on certain property concessions within the Sierra Mojada Property based on the revenue generated from production. Total payments under this royalty are limited to $6.875 million (the "Royalty"). To date no royalties have been paid. Litigation and Claims On May 20, 2014, a cooperative named Sociedad Cooperativa de Exploración Minera Mineros Norteños, S.C.L. ("Mineros Norteños") filed an action in the Local First Civil Court in the District of Morelos, State of Chihuahua, Mexico, against the Company's subsidiary, Minera Metalin, claiming that Minera Metalin breached an agreement regarding the development of the Sierra Mojada Property. Mineros Norteños sought payment of the Royalty, including interest at a rate of 6% per annum since August 30, 2004, even though no revenue has been produced from the applicable mining concessions. It also sought payment of wages to the cooperative's members since August 30, 2004, even though none of the individuals were hired or performed work for Minera Metalin under this agreement and Minera Metalin did not commit to hiring them. On January 19, 2015, the case was moved to the Third District Court (of federal jurisdiction). On October 4, 2017, the court ruled that Mineros Norteños was time barred from bringing the case. On October 19, 2017, Mineros Norteños appealed this ruling. The Company and the Company's Mexican legal counsel believe that it is unlikely that the court's ruling will be overturned. The Company has not accrued any amounts in its consolidated financial statements with respect to this claim. On February 15, 2016, Messrs. Jaime Valdez Farias and Maria Asuncion Perez Alonso (collectively, "Valdez") filed an action before the Local First Civil Court of Torreon, State of Coahuila, Mexico, against the Company's subsidiary, Minera Metalin, claiming that Minera Metalin had breached an agreement regarding the development of the Sierra Mojada Property. Valdez sought payment in the amount of $5.9 million for the alleged breach of the agreement. On April 28, 2016, Minera Metalin filed its response to the complaint, asserting various defenses, including that Minera Metalin terminated the agreement before the payment obligations arose and that certain conditions precedent to such payment obligations were never satisfied by Valdez. The Company and the Company's Mexican legal counsel asserted all applicable defenses. In May 2017, a final judgment was entered, finding for the Company (the defendant) and acquitting the Company of all of the plaintiff's claims and demands. The Company did not accrue any amounts in its consolidated financial statements with respect to this claim. From time to time, the Company is involved in other disputes, claims, proceedings and legal actions arising in the ordinary course of business. The Company intends to vigorously defend all claims against the Company, and pursue its full legal rights in cases where the Company has been harmed. Although the ultimate outcome of these proceedings cannot be accurately predicted due to the inherent uncertainty of litigation, in the opinion of management, based upon current information, no other currently pending or overtly threatened proceeding is expected to have a material adverse effect on the Company's business, financial condition or results of operations.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Oct. 31, 2018
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 14 – SEGMENT INFORMATION The Company operates in a single reportable segment: the exploration of mineral property interests. The Company has mineral property interests in Sierra Mojada, Mexico. Geographic information is approximately as follows: For the Year Ended October 31, 2018 2017 Net loss Mexico $ (1,292,000 ) $ (928,000 ) Canada (2,228,000 ) (1,339,000 ) Gabon - 213,000 Net Loss $ (3,520,000 ) $ (2,054,000 ) The following table details the allocation of assets included in the accompanying consolidated balance sheet at October 31, 2018: Canada Mexico Total Cash and cash equivalents $ 2,993,000 $ 33,000 $ 3,026,000 Value-added tax receivable, net - 175,000 175,000 Other receivables 11,000 1,000 12,000 Prepaid expenses and deposits 226,000 11,000 237,000 Office and mining equipment, net - 202,000 202,000 Property concessions - 5,020,000 5,020,000 Goodwill - 2,058,000 2,058,000 $ 3,230,000 $ 7,500,000 $ 10,730,000 The following table details allocation of assets included in the accompanying consolidated balance sheets at October 31, 2017: Canada Mexico Total Cash and cash equivalents $ 657,000 $ 25,000 $ 682,000 Value-added tax receivable, net - 157,000 157,000 Other receivables 4,000 1,000 5,000 Prepaid expenses and deposits 102,000 15,000 117,000 Office and mining equipment, net - 209,000 209,000 Property concessions - 5,004,000 5,004,000 Goodwill - 2,058,000 2,058,000 $ 763,000 $ 7,469,000 $ 8,232,000 The Company has significant assets in Coahuila, Mexico. Although Mexico is generally considered economically stable, it is always possible that unanticipated events in Mexico could disrupt the Company's operations. The Mexican government does not require foreign entities to maintain cash reserves in Mexico. The following table details the allocation of exploration and property holding costs for the exploration properties: For the Year Ended October 31, Exploration and property holding costs for the year 2018 2017 Mexico Sierra Mojada $ (1,241,000 ) $ (944,000 ) Gabon Mitzic - 31,000 $ (1,241,000 ) $ (913,000 )

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Oct. 31, 2018
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Company's consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America ("GAAP") using the accrual method of accounting, except for cash flow amounts. All figures are in United States dollars unless otherwise noted.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, after elimination of intercompany accounts and transactions. The wholly owned subsidiaries of the Company are listed in Note 1 to the consolidated financial statements. The Company consolidates entities in which it has a controlling financial interest based on either the variable interest entity (VIE) or voting interest model. Under the VIE model, a VIE is a reporting entity that has (a) the power to direct the activities that most significantly impact the VIE's economic performance, and (b) the obligation to absorb losses of, or the right to receive benefits from, the VIE that could potentially be significant to the VIE. Currently, the Company manages the mineral exploration program in the property concessions in Mexico through its wholly-owned subsidiary corporations Minera Metalin and Contratistas. The Company has determined Minera Metalin and Contratistas are variable interest entities and the Company is the primary beneficiary.
Use of Estimates	Use of Estimates The preparation of these consolidated financial statements in conformity with GAAP requires management to make estimates based on assumptions about future events that affect the amounts reported in the consolidated financial statements and related notes to the consolidated financial statements. Actual results could differ from those estimates. Estimates and assumptions are reviewed on an ongoing basis based on historical experience and other factors that are considered to be relevant under the circumstances. Revisions to estimates and assumptions are accounted for prospectively. Significant areas involving the use of estimates include determining the allowance for uncollectible taxes, evaluating recoverability of property concessions, evaluating impairment of long-lived assets, evaluating impairment of goodwill, establishing a valuation allowance on future use of deferred tax assets, calculating a valuation for stock option liability, calculating a valuation for warrant derivative liability and calculating stock-based compensation.
Revenue Recognition	Revenue Recognition The Company recognizes revenue when the title and risks and rewards of ownership pass to the buyer, the selling price is fixed and determinable, persuasive evidence of an arrangement exists and collection of the sale proceeds is considered probable. As of October 31, 2018, the Company has not recognized any revenues.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include all highly-liquid investments with an original maturity of three months or less at the date of purchase.
Property Concessions	Property Concessions Property concession acquisition costs are capitalized when incurred and will be amortized using the units of production method following the commencement of production. If a property concession is subsequently abandoned or impaired, any capitalized costs will be expensed in the period of abandonment or impairment. To date, no property concessions have reached the production stage. Acquisition costs include cash consideration and the fair market value of shares issued on the acquisition of property concessions.
Exploration Costs	Exploration Costs Exploration costs incurred are expensed to the date of establishing that costs incurred are economically recoverable. Exploration expenditures incurred subsequent to the establishment of economic recoverability are capitalized and included in the carrying amount of the related property. To date, the Company has not established the economic recoverability of its exploration prospects; therefore, all exploration costs are being expensed.
Property and Equipment	Property and Equipment Property and equipment are recorded at cost less accumulated depreciation and impairment losses. Assets under construction are depreciated when they are substantially complete and available for their intended use, over their estimated useful lives. Repairs and maintenance of property and equipment are expensed as incurred. Costs incurred to enhance the service potential of property and equipment are capitalized and depreciated over the remaining useful life of the improved asset. Property and equipment are depreciated using the straight-line method over the estimated useful lives of the related assets as follows: · Mining equipment – five to 10 years · Vehicles – four years · Building and structures – 40 years · Computer equipment and software – three years · Well equipment – 10 to 40 years · Office equipment – three to 10 years
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Management reviews and evaluates its long-lived assets for impairment when events and changes in circumstances indicate that the related carrying amounts of its assets may not be recoverable. Impairment is considered to exist if the future cash flows on an undiscounted basis are less than the carrying amount of the long-lived asset. An impairment loss is measured and recorded based on the difference between book value and fair value of the asset group. In estimating future cash flows, assets are grouped at the lowest level for which there is identifiable cash flows that are largely independent of cash flows from other asset groups. In estimating future cash flows, the Company estimates the price that would be received to sell an asset group in an orderly transaction between market participants at the measurement date. Significant factors that impact this price include the price of silver and zinc, and general market conditions for exploration companies, among other factors.
Goodwill	Goodwill Goodwill is the purchase premium after adjusting for the fair value of net assets acquired. The Company tests goodwill for impairment at the reporting unit level at least annually, or more frequently if events or changes in circumstances indicate that the assets may be impaired. Goodwill impairment tests require judgment, including the identification of reporting units, assignment of assets and liabilities to reporting units, assignment of goodwill to reporting units, and determination of the fair value of each reporting unit. The Company performs its annual goodwill impairment tests at April 30 th
Income Taxes	Income Taxes The Tax Cuts and Jobs Act of 2017 (the "Tax Reform") The Company follows the asset and liability method of accounting for income taxes. Under this method, deferred income tax assets and liabilities are determined based on temporary differences between the tax basis and accounting basis of the assets and liabilities measured using tax rates enacted at the balance sheet date. The Company recognizes the tax benefit from uncertain tax positions only if it is at least "more likely than not" that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement with the taxing authorities. This accounting standard also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods and disclosure. A valuation allowance is recorded against deferred tax assets if management does not believe that the Company has met the "more likely than not" standard imposed by this guidance to allow recognition of such an asset. Management recorded a full valuation allowance at October 31, 2018 and 2017 against the deferred tax assets as it determined that future realization would not meet the "more likely than not" criteria.
Warrant Derivative liability	Warrant Derivative liability The Company classifies warrants with a Canadian Dollar ("$CDN") exercise price on its consolidated balance sheets as a derivative liability that is fair valued at each reporting period subsequent to the initial issuance as the functional currency of Silver Bull is the U.S. dollar and the exercise price of the warrants is the $CDN. The Company has used the Black-Scholes pricing model to fair value the warrants that do not have an acceleration feature and has used the Monte Carlo valuation model to fair value the warrants that do have an acceleration feature. Determining the appropriate fair-value model and calculating the fair value of warrants requires considerable judgment. Any change in the estimates used may cause the value to be higher or lower than that reported. The estimated volatility of the Company's common stock at the date of issuance, and at each subsequent reporting period, is based on the historical volatility adjusted to reflect the implicit discount to historical volatilities observed in the prices of traded warrants. The risk-free interest rate is based on rates published by the government for bonds with a maturity similar to the expected remaining life of the warrants at the valuation date. The expected life of the warrants is assumed to be equivalent to their remaining contractual term. The dividend yield is expected to be none as the Company has not paid dividend nor does the Company anticipate paying any dividend in the foreseeable future. The derivatives warrants are not traded in an active market and the fair value is determined using valuation techniques. The estimates may be significantly different from those recorded in the consolidated financial statements because of the use of judgment and the inherent uncertainty in estimating the fair value of these instruments that are not quoted in an active market. All changes in the fair value are recorded in the consolidated statement of operations and comprehensive loss each reporting period.
Stock-Based Compensation	Stock-Based Compensation The Company uses the Black-Scholes pricing model as a method for determining the estimated fair value for all stock options awarded to employees, officers, directors and consultants. The expected term of the options is based upon an evaluation of historical and expected future exercise behavior. The risk-free interest rate is based on rates published by the government for bonds with a maturity similar to the expected remaining life of the options at the valuation date. Volatility is determined based upon historical volatility of the Company's stock and adjusted if future volatility is expected to vary from historical experience. The dividend yield is assumed to be none as the Company has not paid dividends nor does the Company anticipate paying any dividends in the foreseeable future. The Company uses the graded vesting attribution method to recognize compensation costs over the requisite service period. Stock options granted to consultants when the exercise price is in $CDN are classified as stock option liability on the Company's consolidated balance sheets upon vesting. The Company classifies cumulative compensation cost associated with options on subsidiary equity as additional paid-in capital until exercise.
Loss per Share	Loss per Share Basic loss per share includes no dilution and is computed by dividing net loss available to common shareholders by the weighted average common shares outstanding for the period. Diluted loss per share reflects the potential dilution of securities that could share in the earnings of an entity similar to fully diluted loss per share. Although there were stock options and warrants in the aggregate of 55,250,230 shares and 39,958,986 shares outstanding at October 31, 2018 and 2017, respectively, they were not included in the calculation of loss per share because they would have been considered anti-dilutive.
Foreign Currency Translation	Foreign Currency Translation During the years ended October 31, 2018 and 2017, the functional currency of Silver Bull Resources, Inc. and its subsidiaries is the U.S. dollar, except for the former Gabonese subsidiary whose functional currency was the Central African franc ("$CFA"). During the years ended October 31, 2018 and 2017, the Company's Mexican operations' monetary assets and liabilities were translated into U.S. dollars at the period-end exchange rate and non-monetary assets and liabilities were translated using the historical exchange rate. The Company's Mexican operations' revenue and expenses were translated at the average exchange rate during the period except for depreciation of office and mining equipment, costs of office and mining equipment sold and impairment of property concessions, all of which are translated using the historical exchange rate. Foreign currency translation gains and losses of the Company's Mexican operations are included in the consolidated statement of operations. During the year ended October 31, 2017, assets and liabilities of the Company's Gabonese operations were translated into U.S. dollars at the period-end exchange rate, and revenue and expenses were translated at the average exchange rate during the period. Exchange differences arising on translation were disclosed as a separate component of stockholders' equity. Realized gains and losses from foreign currency transactions were reflected in the results of operations. Upon the liquidation of African Resources, the Company reclassified a certain amount from other comprehensive income to gain on the liquidation of a subsidiary in the consolidated statements of operations and comprehensive loss.
Accounting for Loss Contingencies and Legal Costs	Accounting for Loss Contingencies and Legal Costs From time to time, the Company is named as a defendant in legal actions arising from its normal business activities. The Company records an accrual for the estimated loss from a loss contingency when information available prior to issuance of its financial statements indicates that it is probable that a liability has been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. Disclosure of a loss contingency is made by the Company if there is at least a reasonable possibility that a loss has been incurred, and either an accrual has not been made or an exposure to loss exists in excess of the amount accrued. In cases where only disclosure of the loss contingency is required, either the estimated loss or a range of estimated loss is disclosed or it is stated that an estimate cannot be made. Legal costs incurred in connection with loss contingencies are considered period costs and accordingly are expensed in the period services are provided.
Recent Accounting Pronouncements Adopted in the Year	Recent Accounting Pronouncements Adopted in the Year Effective November 1, 2017, the Company adopted the Financial Accounting Standards Board's ("FASB") Accounting Standards Update (" Effective as of November 1, 2017, the Company adopted the FASB's ASU
Recent Accounting Pronouncements Not Yet Adopted	Recent Accounting Pronouncements Not Yet Adopted In June 2018, the FASB issued ASU 2018-07, "Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting," to include share-based payment transactions for acquiring goods and services from nonemployees. ASU 2018-07 simplifies the accounting for nonemployee share-based payments, aligning it more closely with the accounting for employee awards. These changes become effective for the Company's fiscal year beginning November 1, 2019. Early application is permitted. At this time, the Company has not determined the effects of this update on the Company's financial position, results of operations or cash flows and disclosures. In February 2017, the FASB issued ASU 2017-05, "Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20), Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets," which addresses the transfer to noncustomers of nonfinancial assets or ownership interests in consolidated subsidiaries that do not constitute a business and the contribution of nonfinancial assets that are not a business to a joint venture or other noncontrolled investee. These changes become effective for the Company's fiscal year beginning November 1, 2018. At this time, the Company has not completed the assessment of the effects of this update on the Company's financial position, results of operations or cash flows and disclosures. The Company's preliminary assessment has focused on the assets of our subsidiaries involved in the Sierra Mojada Project and, based on our preliminary assessment, the Company does not expect this standard to affect the Company's conclusion that the assets of our Sierra Mojada Project should not be derecognized at this time. In January 2017, the FASB issued ASU 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business," which clarifies the definition of a business to assist entities in the evaluation of acquisitions and disposals of assets or businesses. If substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or group of similar identifiable assets, the set is not considered a business. These changes became effective for the Company's fiscal year beginning November 1, 2018. Although the subject of the standard may be applicable to the Company's financial statements at the time of an acquisition or disposition, the standard change is to be applied prospectively and, accordingly, is not expected to affect the Company's financial statements as of the effective date. In November 2016, the FASB issued ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash," which requires entities to show the changes in the total of cash, cash equivalents, restricted cash and restricted cash equivalents in the statement of cash flows. These changes became effective for the Company's fiscal year beginning November 1, 2018. At this time, the Company does not expect this standard to affect the Company's financial position, results of operations or cash flows and disclosures. In August 2016, the FASB issued ASU 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments," which provides guidance on the presentation and classification of certain cash receipts and payments in the statement of cash flows. These changes became effective for the Company's fiscal year beginning November 1, 2018. At this time, the Company does not expect this standard to affect the Company's financial position, results of operations or cash flows and disclosures. In February 2016, the FASB issued ASU 2016-02, "Leases," which will require lessees to recognize assets and liabilities for the rights and obligations created by most leases on the balance sheet. These changes become effective for the Company's fiscal year beginning November 1, 2019. Modified retrospective adoption for all leases existing at, or entered into after, the date of initial application, is required with an option to use certain transition relief. At this time, the Company has not determined the effects of this update on the Company's financial position, results of operations or cash flows and disclosures. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments – Overall: Recognition and Measurement of Financial Assets and Financial Liabilities," which (i) requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income, (ii) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, (iii) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset, and (iv) eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost. These changes became effective for the Company's fiscal year beginning November 1, 2018. At this time, the Company does not expect this standard to affect the Company's financial position, results of operations or cash flows and disclosures. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)," which has subsequently been amended to update revenue guidance under the newly-created ASC 606. The new standard provides a five-step approach to be applied to all contracts with customers and also requires expanded disclosures about revenue recognition. In August 2015, the FASB issued ASU 2015-14, "Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date," which deferred the effective date of ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)" became effective for the Company's fiscal year beginning November 1, 2018. At this time, the Company does not expect this standard to affect the Company's financial position, results of operations or cash flows and disclosures. Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force) and the SEC did not or are not expected to have a material impact on the Company's present or future consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Oct. 31, 2018
Accounting Policies [Abstract]
Schedule of Property and Equipment Estimated Useful Lives	Property and equipment are depreciated using the straight-line method over the estimated useful lives of the related assets as follows: · Mining equipment – five to 10 years · Vehicles – four years · Building and structures – 40 years · Computer equipment and software – three years · Well equipment – 10 to 40 years · Office equipment – three to 10 years

EARN-IN OPTION AGREEMENT (Table

EARN-IN OPTION AGREEMENT (Tables)	12 Months Ended
	Oct. 31, 2018
Other Commitments [Abstract]
Schedule of Consolidated Assets and Liabilities of Subsidiaries	The combined carrying amount of the assets and liabilities of Minera Metalin and Contratistas (consolidated with their wholly-owned subsidiary) are as follows at October 31, 2018: Assets: Mexico Cash and cash equivalents $ 33,000 Value-added tax receivable, net 175,000 Other receivables 1,000 Prepaid expenses and deposits 11,000 Office and mining equipment, net 201,000 Property concessions 5,020,000 Total assets $ 5,441,000 Liabilities: Accounts payable 4,000 Accrued liabilities and expenses 319,000 Payable to Silver Bull Resources, Inc. to be converted to equity upon exercise of the Option 3,640,000 Total liabilities $ 3,963,000 Net advances and investment in the Company's Mexican subsidiaries $ 1,478,000

VALUE-ADDED TAX RECEIVABLE (Tab

VALUE-ADDED TAX RECEIVABLE (Tables)	12 Months Ended
	Oct. 31, 2018
Receivables [Abstract]
Summary of the Changes in the Allowance for Uncollectible Taxes	A summary of the changes in the allowance for uncollectible VAT taxes related to Mexico for the fiscal years ended October 31, 2018 is as follows: Allowance for uncollectible VAT taxes – October 31, 2016 $ 88,283 Recovery of uncollectible VAT Taxes (17,030 ) Write-off VAT receivable (2,312 ) Foreign currency translation adjustment (1,212 ) Allowance for uncollectible VAT taxes – October 31, 2017 67,729 Provision for uncollectible VAT Taxes 37,457 Write-off VAT receivable (3,440 ) Foreign currency translation adjustment (3,332 ) Allowance for uncollectible VAT taxes – October 31, 2018 $ 98,414

OFFICE AND MINING EQUIPMENT (Ta

OFFICE AND MINING EQUIPMENT (Tables)	12 Months Ended
	Oct. 31, 2018
Property, Plant and Equipment [Abstract]
Summary of Office and Mining Equipment	The following is a summary of the Company's office and mining equipment at October 31, 2018 and October 31, 2017: October 31, October 31, 2018 2017 Mining equipment $ 358,513 $ 358,513 Vehicles 73,287 53,451 Buildings and structures 185,724 185,724 Computer equipment and software 74,236 74,236 Well equipment 39,637 39,637 Office equipment 47,597 47,597 778,994 759,158 Less: Accumulated depreciation (577,508 ) (550,403 ) Office and mining equipment, net $ 201,486 $ 208,755

PROPERTY CONCESSIONS (Tables)

PROPERTY CONCESSIONS (Tables)	12 Months Ended
	Oct. 31, 2018
PROPERTY CONCESSIONS [Abstract]
Summary of Property Concessions	The following is a summary of the Company's property concessions in Sierra Mojada, Mexico as at October 31, 2018 and 2017: Property Concessions – October 31, 2017 $ 5,004,386 Acquisitions 15,541 Property Concessions – October 31, 2018 $ 5,019,927

GOODWILL (Tables)

GOODWILL (Tables)	12 Months Ended
	Oct. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of the Goodwill Balance	The following is a summary of the Company's goodwill balance as at October 31, 2018 and 2017: Goodwill – October 31, 2018 and 2017 $ 2,058,031

STOCK OPTIONS (Tables)

STOCK OPTIONS (Tables)	12 Months Ended
	Oct. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Assumptions Used to Value Stock Options Granted	A summary of the range of assumptions used to value stock options granted for the years ended October 31, 2018 and 2017 are as follows: Year Ended October 31, Options 2018 2017 Expected volatility 40% – 87% 78% – 87% Risk-free interest rate 1.94% – 2.60% 1.35% – 1.56% Dividend yield — — Expected term (in years) 2.50 – 5.00 2.50 – 3.50
Schedule of Stock Option Activity	The following is a summary of stock option activity for the fiscal years ended October 31, 2018 and 2017: Options Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value Outstanding at October 31, 2016 11,517,858 0.28 2.66 $ 227,891 Granted 4,075,000 0.09 Expired (2,770,000 ) 0.52 Cancelled (28,572 ) 2.18 Outstanding at October 31, 2017 12,794,286 0.16 2.98 $ 110,622 Granted 8,175,000 0.10 Expired (2,019,286 ) 0.40 Outstanding at October 31, 2018 18,950,000 $ 0.11 3.48 $ 429,158 Exercisable at October 31, 2018 12,375,000 $ 0.12 3.24 $ 323,930
Schedule of Stock Options Outstanding and Exercisable by Exercise Price Range	Summarized information about stock options outstanding and exercisable at October 31, 2018 is as follows: Options Outstanding Options Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.06 4,075,000 2.32 $ 0.06 4,075,000 $ 0.06 0.10 11,900,000 4.39 0.10 5,325,000 0.10 0.16 350,000 4.30 0.16 350,000 0.16 0.19 – 0.26 2,625,000 1.06 0.25 2,625,000 0.25 $ 0.06 – 0.26 18,950,000 3.48 $ 0.11 12,375,000 $ 0.12
Summary of Stock Option Liability	The following is a summary of the Company's stock option liability at October 31, 2018 and October 31, 2017: Stock option liability at October 31, 2016 $ — Reclassification from additional paid-in capital 12,115 Change in fair value of stock option liability (6,921 ) Stock option liability at October 31, 2017 $ 5,194 Reclassification from additional paid-in capital 28,111 Change in fair value of stock option liability (8,189 ) Stock option liability at October 31, 2018 $ 25,116

WARRANTS (Tables)

WARRANTS (Tables)	12 Months Ended
	Oct. 31, 2018
Warrants and Rights Note Disclosure [Abstract]
Schedule of Warrant Activity	A summary of warrant activity for the fiscal years ended October 31, 2018 and 2017 is as follows: Warrants Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value Outstanding at October 31, 2016 4,540,400 $ 0.12 2.67 $ — Issued in the $CDN 0.08 Unit private placement (Note 8) 21,365,000 $ 0.10 Agent's Warrants (Note 8) 1,259,300 0.08 Outstanding and exercisable at October 31, 2017 27,164,700 $ 0.10 1.70 $ 9,769 Issued in the $0.13 Unit private placement (Note 8) 14,570,931 $ 0.16 Agent's Warrants (Note 8) 1,231,374 $ 0.14 Expired (200,400 ) $ 0.15 Exercised (6,466,375 ) $ 0.10 Outstanding and exercisable at October 31, 2018 36,300,230 $ 0.13 1.16 $ 254,068
Schedule of Warrants by Exercise Price Range	Summarized information about warrants outstanding and exercisable at October 31, 2018 is as follows: Warrants Outstanding and Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price $ 0.08 357,925 0.69 $ 0.08 0.10 15,800,000 0.70 0.10 0.12 4,340,000 0.72 0.12 0.14 1,231,374 1.75 0.14 0.16 14,570,931 1.75 0.16 $ 0.08 – 0.16 36,300,230 1.16 $ 0.13
Summary of warrant derivative liability	The following is a summary of the Company's warrant derivative liability at October 31, 2018 and October 31, 2017: Warrant derivative liability at October 31, 2016 $ — Reclassification from additional paid-in capital 94,143 Warrants issued in $CDN 0.08 Unit private placement 139,423 Agent's warrants issued in $CDN 0.08 Unit private placement 12,967 Change in fair value of warrant derivative liability 100,020 Foreign currency translation adjustment (4,836 ) Warrant derivative liability at October 31, 2017 $ 341,717 Change in fair value of warrant derivative liability 510,968 Reclassification to additional paid-in capital upon exercise of warrants (447,185 ) Warrant derivative liability at October 31, 2018 $ 405,500

TAX REFORM AND INCOME TAXES (Ta

TAX REFORM AND INCOME TAXES (Tables)	12 Months Ended
	Oct. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of Components of Loss before Income Taxes, by Tax Jurisdiction	The components of loss before income taxes were as follows: For the year ended October 31, 2018 2017 United States $ (2,228,000 ) $ (1,339,000 ) Foreign (1,288,000 ) (713,000 ) Loss before income taxes $ (3,516,000 ) $ (2,052,000 )
Schedule of Components of the Provision for Income Taxes	The components of the provision for income taxes are as follows: For the year ended October 31, 2018 2017 Current tax expense $ 3,718 $ 1,867 Deferred tax expense — — $ 3,718 $ 1,867
Reconciliation of U.S. Statutory Tax Rate to the Provision for Income Tax	The reconciliation of the provision for income taxes computed at the U.S. statutory rate to the provision for income tax as shown in the statement of operations and comprehensive loss is as follows: For the year ended October 31, 2018 2017 Income tax benefit calculated at U.S. federal income tax rate $ (808,000 ) $ (718,000 ) Differences arising from: Other permanent differences 207,000 130,000 Differences due to foreign income tax rates (81,000 ) 43,000 Adjustment to prior year taxes 68,000 (77,000 ) Inflation adjustment foreign net operating loss (375,000 ) (422,000 ) Foreign currency fluctuations 417,000 115,000 (Decrease) increase in valuation allowance (4,810,000 ) 353,000 Re-measurement of deferred tax assets at 21% 4,767,000 — Net operation loss carry forwards expiration - United States 99,000 — Net operation loss carry forwards expiration - Mexico 520,000 565,000 Other — 13,000 Net income tax provision $ 4,000 $ 2,000
Schedule of the Components of Deferred Tax Assets	The components of the deferred tax assets at October 31, 2018 and 2017 were as follows: October 31, 2018 2017 Deferred tax assets: Net operating loss carry forwards – U.S. $ 7,232,000 $ 11,766,000 Net capital loss carry forwards – U.S. 62,000 103,000 Net operating loss carry forwards – Mexico 7,736,000 8,111,000 Stock-based compensation – U.S. 7,000 11,000 Exploration costs 295,000 122,000 Other – United States 26,000 36,000 Other – Mexico 19,000 38,000 Total net deferred tax assets 15,377,000 20,187,000 Less: valuation allowance (15,377,000 ) (20,187,000 ) Net deferred tax asset $ — $ —
Schedule of Open Tax Years	The following tax years remain open to examination by the Company's principal tax jurisdictions: United States: 2014 and all following years Mexico: 2013 and all following years Canada: 2014 and all following years

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Oct. 31, 2018
Financial Instruments
Summary of derivative liability under fair value	The Company has the following liabilities under the fair value hierarchy: October 31, 2018 Liability Level 1 Level 2 Level 3 Stock option liability $ — $ — $ 25,116 Warrant derivative liability $ — $ — $ 405,500

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
	Oct. 31, 2018
Segment Reporting [Abstract]
Schedule of Net Income (Loss) by Segment	Geographic information is approximately as follows: For the Year Ended October 31, 2018 2017 Net loss Mexico $ (1,292,000 ) $ (928,000 ) Canada (2,228,000 ) (1,339,000 ) Gabon - 213,000 Net Loss $ (3,520,000 ) $ (2,054,000 )
Schedule of the Allocation of Assets by Segment	The following table details the allocation of assets included in the accompanying consolidated balance sheet at October 31, 2018: Canada Mexico Total Cash and cash equivalents $ 2,993,000 $ 33,000 $ 3,026,000 Value-added tax receivable, net - 175,000 175,000 Other receivables 11,000 1,000 12,000 Prepaid expenses and deposits 226,000 11,000 237,000 Office and mining equipment, net - 202,000 202,000 Property concessions - 5,020,000 5,020,000 Goodwill - 2,058,000 2,058,000 $ 3,230,000 $ 7,500,000 $ 10,730,000 The following table details allocation of assets included in the accompanying consolidated balance sheets at October 31, 2017: Canada Mexico Total Cash and cash equivalents $ 657,000 $ 25,000 $ 682,000 Value-added tax receivable, net - 157,000 157,000 Other receivables 4,000 1,000 5,000 Prepaid expenses and deposits 102,000 15,000 117,000 Office and mining equipment, net - 209,000 209,000 Property concessions - 5,004,000 5,004,000 Goodwill - 2,058,000 2,058,000 $ 763,000 $ 7,469,000 $ 8,232,000
Schedule of Exploration and Property Holding Costs by Segment	The following table details the allocation of exploration and property holding costs for the exploration properties: For the Year Ended October 31, Exploration and property holding costs for the year 2018 2017 Mexico Sierra Mojada $ (1,241,000 ) $ (944,000 ) Gabon Mitzic - 31,000 $ (1,241,000 ) $ (913,000 )

ORGANIZATION AND DESCRIPTION _2

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
ORGANIZATION, DESCRIPTION OF BUSINESS AND GOING CONCERN [Abstract]
Gain on liquidation of subsidiary		$ 129,781

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - shares	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Anti-dilutive shares, stock options and warrants outstanding	55,250,230	39,958,986
Reduce Corporate tax rate	21.00%	35.00%

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Property and Equipment Estimated Useful Lives) (Details)	12 Months Ended
	Oct. 31, 2018
Mining equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	5 years
Mining equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	10 years
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	4 years
Building and structures [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	40 years
Computer equipment and software [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	3 years
Well equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	10 years
Well equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	40 years
Office equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	3 years
Office equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	10 years

EARN-IN OPTION AGREEMENT (Narra

EARN-IN OPTION AGREEMENT (Narrative) (Details) - USD ($)	1 Months Ended		12 Months Ended
	Dec. 31, 2018	Jun. 30, 2018	Oct. 31, 2018	Oct. 31, 2017
Other Commitments [Line Items]
Property concessions funding			$ 922,783
South32 Limited [Member]
Other Commitments [Line Items]
Earn-In Option Agreement, contribution to be made by end of year 1			3,000,000
Earn-In Option Agreement, contribution to be made by end of year 2			6,000,000
Earn-In Option Agreement, contribution to be made by end of year 3			8,000,000
Earn-In Option Agreement, contribution to be made by end of year 4			10,000,000
Amount of subscription payment that allows for exercise of Option Agreement			100,000,000
Property concessions funding		$ 922,783
Property concessions funding, amount remaining			236,846
Payment received	$ 309,000
Cash to be contributed to the capital of the Mexican subsidiaries as required for exploration			224,000
VIE maximum loss exposure			$ 5,118,000

EARN-IN OPTION AGREEMENT (Sched

EARN-IN OPTION AGREEMENT (Schedule of Consolidated Assets and Liabilities of Subsidiaries) (Details) - USD ($)	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Assets:
Cash and cash equivalents	$ 3,025,839	$ 681,776	$ 1,467,328
Value-added tax receivable, net	175,020	156,997
Other receivables	12,045	5,245
Prepaid expenses and deposits	237,253	116,836
Office and mining equipment, net	201,486	208,755
Property concessions	5,019,927	5,004,386	5,004,386
TOTAL ASSETS	10,729,761	8,232,026
Liabilities:
Accounts payable	253,327	138,130
Accrued liabilities and expenses	439,450	313,058
Net advances and investment in the Company's Mexican subsidiaries	9,601,668	$ 7,429,147	$ 8,537,334
Minera Metalin and Contratistas [Member]
Assets:
Cash and cash equivalents	33,000
Value-added tax receivable, net	175,000
Other receivables	1,000
Prepaid expenses and deposits	11,000
Office and mining equipment, net	201,000
Property concessions	5,020,000
TOTAL ASSETS	5,441,000
Liabilities:
Accounts payable	4,000
Accrued liabilities and expenses	319,000
Payable to Silver Bull Resources, Inc. to be converted to equity upon exercise of the Option	3,640,000
Total liabilities	3,963,000
Net advances and investment in the Company's Mexican subsidiaries	$ 1,478,000

VALUE-ADDED TAX RECEIVABLE (Nar

VALUE-ADDED TAX RECEIVABLE (Narrative) (Details) - USD ($)	12 Months Ended
	Oct. 31, 2017	Oct. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Value-added tax receivable, current	$ 156,997	$ 175,020
MEXICO [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Value-added tax receivable, current	157,000	$ 175,000
Recovery of value-added tax previously written off	17,030
Gabon [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recovery of value-added tax previously written off	$ 52,951

VALUE-ADDED TAX RECEIVABLE (Sum

VALUE-ADDED TAX RECEIVABLE (Summary of the Changes in the Allowance for Uncollectible Taxes) (Details) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Receivables [Abstract]
Allowance for uncollectible VAT taxes, beginning balance	$ 67,729	$ 88,283
Provision (recovery) of uncollectible VAT Taxes	37,457	(17,030)
Write-off VAT receivable	(3,440)	(2,312)
Foreign currency translation adjustment	(3,332)	(1,212)
Allowance for uncollectible VAT taxes, ending balance	$ 98,414	$ 67,729

OFFICE AND MINING EQUIPMENT (De

OFFICE AND MINING EQUIPMENT (Details) - USD ($)	Oct. 31, 2018	Oct. 31, 2017
Property, Plant and Equipment [Line Items]
Office and mining equipment, gross	$ 778,994	$ 759,158
Less: Accumulated depreciation	(577,508)	(550,403)
Office and mining equipment, net	201,486	208,755
Mining equipment [Member]
Property, Plant and Equipment [Line Items]
Office and mining equipment, gross	358,513	358,513
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Office and mining equipment, gross	73,287	53,451
Building and structures [Member]
Property, Plant and Equipment [Line Items]
Office and mining equipment, gross	185,724	185,724
Computer equipment and software [Member]
Property, Plant and Equipment [Line Items]
Office and mining equipment, gross	74,236	74,236
Well equipment [Member]
Property, Plant and Equipment [Line Items]
Office and mining equipment, gross	39,637	39,637
Office equipment [Member]
Property, Plant and Equipment [Line Items]
Office and mining equipment, gross	$ 47,597	$ 47,597

PROPERTY CONCESSIONS (Details)

PROPERTY CONCESSIONS (Details) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
PROPERTY CONCESSIONS [Abstract]
Property Concessions, beginning balance	$ 5,004,386	$ 5,004,386
Acquisitions	15,541
Property Concessions, ending balance	$ 5,019,927	$ 5,004,386

GOODWILL (Summary of the Goodwi

GOODWILL (Summary of the Goodwill Balance) (Details) - USD ($)	Oct. 31, 2018	Oct. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill - October 31, 2018 and 2017	$ 2,058,031	$ 2,058,031

COMMON STOCK (Details)

COMMON STOCK (Details)	Jun. 06, 2018USD ($)shares	Jun. 06, 2018CAD ($)$ / sharesshares	May 07, 2018USD ($)shares	May 07, 2018CAD ($)$ / sharesshares	Apr. 04, 2018USD ($)shares	Apr. 04, 2018CAD ($)$ / sharesshares	Mar. 15, 2018USD ($)shares	Mar. 15, 2018CAD ($)$ / sharesshares	Mar. 14, 2018USD ($)shares	Mar. 14, 2018CAD ($)$ / sharesshares	Mar. 08, 2018USD ($)shares	Mar. 08, 2018CAD ($)$ / sharesshares	Jan. 15, 2018USD ($)shares	Jan. 15, 2018CAD ($)$ / sharesshares	Jan. 08, 2018USD ($)shares	Jan. 08, 2018CAD ($)$ / sharesshares	Aug. 20, 2018USD ($)$ / sharesshares	May 28, 2018USD ($)shares	May 28, 2018CAD ($)$ / sharesshares	Mar. 29, 2018USD ($)shares	Mar. 29, 2018CAD ($)$ / sharesshares	Mar. 28, 2018USD ($)shares	Mar. 28, 2018CAD ($)$ / sharesshares	Feb. 20, 2018USD ($)shares	Feb. 20, 2018CAD ($)$ / sharesshares	Feb. 16, 2018USD ($)shares	Feb. 16, 2018CAD ($)$ / sharesshares	Feb. 13, 2018USD ($)shares	Feb. 13, 2018CAD ($)$ / sharesshares	Jan. 29, 2018USD ($)shares	Jan. 29, 2018CAD ($)$ / sharesshares	Jan. 22, 2018USD ($)shares	Jan. 22, 2018CAD ($)$ / sharesshares	Aug. 03, 2017USD ($)shares	Oct. 31, 2018USD ($)shares	Oct. 31, 2017USD ($)shares	Aug. 20, 2018$ / shares	Aug. 03, 2017$ / shares
Class of Stock [Line Items]
Proceeds from issuance of common stock																																			$ 3,469,657	$ 1,230,504
Warrant issuance cost																																			$ 1,128
Placement Agent's Warrants [Member]
Class of Stock [Line Items]
Equity issuance, price per share | $ / shares																	$ 0.14
Warrant issuance cost																																		$ 18,819
Description of units																	Each 2018 Agent’s Warrant entitles the agents to acquire one share of common stock at a price of $0.14 for a period of 24 months from the closing of the private placement.																	Each 2017 Agent’s Warrant entitles the agents to acquire one share of common stock at a price of $CDN 0.10 for a period of 24 months from the closing of the private placement.
Offering costs incurred																	$ 93,541																	$ 92,910
Number of warrants issued | shares																	1,231,374																	1,259,300	1,231,374	1,259,300
Fair value of warrants issued																	$ 26,165																	$ 12,967	$ 26,165	$ 12,967
CDN [Member] | Placement Agent's Warrants [Member]
Class of Stock [Line Items]
Equity issuance, price per share | $ / shares																																						$ 0.10
$0.13 Unit [Member]
Class of Stock [Line Items]
Units issued during period | shares																	29,141,872
Proceeds from issuance of units																	$ 3,788,443
Description of units																	Each full $0.13 Warrant entitles the holder thereof to acquire one share of common stock at a price of $0.16 for a period of 24 months from the closing of the private placement.
Finders fee percentage rate paid to agents																	7.00%
Aggregate finders fee costs incurred																	$ 224,110
$CDN 0.13 Unit [Member]
Class of Stock [Line Items]
Stock issued during period, shares | shares			125,000	125,000	625,000	625,000	1,025,000	1,025,000	250,000	250,000	974,500	974,500	625,000	625,000	200,000	200,000				1,000,000	1,000,000			250,000	250,000	250,000	250,000	178,000	178,000			62,500	62,500
Proceeds from issuance of common stock			$ 12,632		$ 63,432		$ 102,248		$ 25,108		$ 98,000		$ 65,408		$ 20,931					$ 100,822				$ 25,749		$ 25,917		$ 18,365				$ 6,522
Warrant Acquired | shares				125,000		625,000		1,025,000		250,000		974,500		625,000		200,000					1,000,000				250,000		250,000		178,000				62,500
$CDN 0.13 Unit [Member] | CDN [Member]
Class of Stock [Line Items]
Equity issuance, price per share | $ / shares				$ 0.13		$ 0.13		$ 0.13		$ 0.13		$ 0.13		$ 0.13		$ 0.13					$ 0.13				$ 0.13		$ 0.13		$ 0.13				$ 0.13				$ 0.13
Proceeds from issuance of common stock				$ 16,250		$ 81,250		$ 133,250		$ 32,500		$ 126,685		$ 81,250		$ 26,000					$ 130,000				$ 32,500		$ 32,500		$ 23,140				$ 8,125
$CDN 0.10 Unit [Member]
Class of Stock [Line Items]
Stock issued during period, shares | shares	43,750	43,750	526,000	526,000														292,250	292,250			8,750	8,750	8,750	8,750					21,875	21,875
Proceeds from issuance of common stock	$ 3,388		$ 40,889															$ 22,479				$ 678		$ 693						$ 1,773
Warrant Acquired | shares		43,750		526,000															292,250				8,750		8,750						21,875
$CDN 0.10 Unit [Member] | CDN [Member]
Class of Stock [Line Items]
Equity issuance, price per share | $ / shares		$ 0.10		$ 0.10															$ 0.10				$ 0.10		$ 0.10						$ 0.10
Proceeds from issuance of common stock		$ 4,375		$ 52,600															$ 29,225				$ 875		$ 875						$ 2,188
$CDN 0.08 Unit [Member]
Class of Stock [Line Items]
Units issued during period | shares																																		21,365,000
Proceeds from issuance of units																																		$ 1,330,976
Description of units																																		Each $CDN 0.08 Warrant entitles the holder thereof to acquire one share of common stock at a price of $CDN 0.13 for a period of 24 months from the closing of the private placement.
Finders fee percentage rate paid to agents																																		7.00%
Aggregate finders fee costs incurred																																		$ 78,169
$CDN 0.08 Unit [Member] | CDN [Member]
Class of Stock [Line Items]
Equity issuance, price per share | $ / shares																																						$ 0.08
Proceeds from issuance of units																																		$ 1,709,200

STOCK OPTIONS (Narrative) (Deta

STOCK OPTIONS (Narrative) (Details)	12 Months Ended
	Oct. 31, 2018USD ($)$ / sharesshares	Oct. 31, 2018USD ($)$ / sharesshares	Oct. 31, 2017USD ($)$ / sharesshares	Oct. 31, 2017$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total options granted during the period | shares	8,175,000		4,075,000
Stock-based compensation costs recognized during the period | $	$ 245,629		$ 152,349
Total unrecognized compensation costs related to non-vested share based compensation arrangements granted under qualified stock option plans | $	$ 283,807	$ 283,807
Weighted-average period for remaining compensation costs to be recognized	8 months 12 days
Exercise price of options granted | $ / shares	$ 0.10		$ 0.09
2010 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
The number of shares authorized under the plan | shares	30,000,000	30,000,000
Shares outstanding reserved for issuance upon the exercise of options or the grant of stock bonuses percentage	10.00%	10.00%
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contractual term for options	5 years		5 years
Employee Stock Option [Member] | Issuance One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total options granted during the period | shares	350,000		4,075,000
Exercise price of options granted | $ / shares		$ 0.215		$ 0.125
Weighted-average grant date fair value of options granted during period | $ / shares	$ 0.06		$ 0.05
Employee Stock Option [Member] | Issuance Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total options granted during the period | shares	7,825,000
Exercise price of options granted | $ / shares		$ 0.13
Employee Stock Option [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for plan	1 year
Employee Stock Option [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for plan	2 years

STOCK OPTIONS (Schedule of Assu

STOCK OPTIONS (Schedule of Assumptions Used to Value Stock Options Granted) (Details)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility, minimum	40.00%	78.00%
Expected volatility, maximum	87.00%	87.00%
Risk-free interest rate, minimum	1.94%	1.35%
Risk-free interest rate, maximum	2.60%	1.56%
Dividend yield
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	2 years 6 months	2 years 6 months
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	5 years	3 years 6 months

STOCK OPTIONS (Summary of Stock

STOCK OPTIONS (Summary of Stock Option Activity) (Details) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Shares
Outstanding, beginning	12,794,286	11,517,858
Granted	8,175,000	4,075,000
Expired	(2,019,286)	(2,770,000)
Cancelled		(28,572)
Outstanding, ending	18,950,000	12,794,286	11,517,858
Exercisable, ending	12,375,000
Weighted Average Exercise Price
Outstanding, beginning	$ 0.16	$ 0.28
Granted	0.10	0.09
Expired	0.40	0.52
Cancelled		2.18
Outstanding, ending	0.11	$ 0.16	$ 0.28
Exercisable, ending	$ .12
Weighted average remaining contractual life, Outstanding	3 years 5 months 23 days	2 years 11 months 23 days	2 years 7 months 28 days
Weighted average remaining contractual life, Exercisable	3 years 2 months 27 days
Aggregate intrinsic value, Outstanding	$ 429,158	$ 110,622	$ 227,891
Exercisable
Aggregate intrinsic value, exercisable	$ 323,930

STOCK OPTIONS (Summarized Infor

STOCK OPTIONS (Summarized Information of Stock Options Outstanding and Exercisable) (Details)	12 Months Ended
	Oct. 31, 2018$ / sharesshares
0.06 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Minimum exercise price	$ 0.06
Number of options outstanding | shares	4,075,000
Weighted Average Remaining Contractual Life (Years)	2 years 3 months 26 days
Options Outstanding - Weighted Average Exercise Price	$ 0.06
Number Exercisable | shares	4,075,000
Options Exercisable - Weighted Average Exercise Price	$ 0.06
0.10 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Minimum exercise price	$ 0.10
Number of options outstanding | shares	11,900,000
Weighted Average Remaining Contractual Life (Years)	4 years 4 months 20 days
Options Outstanding - Weighted Average Exercise Price	$ 0.10
Number Exercisable | shares	5,325,000
Options Exercisable - Weighted Average Exercise Price	$ 0.10
0.16 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Minimum exercise price	$ 0.16
Number of options outstanding | shares	350,000
Weighted Average Remaining Contractual Life (Years)	4 years 3 months 19 days
Options Outstanding - Weighted Average Exercise Price	$ 0.16
Number Exercisable | shares	350,000
Options Exercisable - Weighted Average Exercise Price	$ 0.16
0.19 - 0.26 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Minimum exercise price	0.19
Maximum exercise price	$ 0.26
Number of options outstanding | shares	2,625,000
Weighted Average Remaining Contractual Life (Years)	1 year 22 days
Options Outstanding - Weighted Average Exercise Price	$ 0.25
Number Exercisable | shares	2,625,000
Options Exercisable - Weighted Average Exercise Price	$ 0.25
0.06 - 0.26 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Minimum exercise price	0.06
Maximum exercise price	$ 0.26
Number of options outstanding | shares	2,625,000
Weighted Average Remaining Contractual Life (Years)	3 years 5 months 23 days
Options Outstanding - Weighted Average Exercise Price	$ 0.11
Number Exercisable | shares	12,375,000
Options Exercisable - Weighted Average Exercise Price	$ 0.12

STOCK OPTIONS (Summary of Sto_2

STOCK OPTIONS (Summary of Stock Option Liability) (Details) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock option liability	$ 5,194
Reclassification from additional paid-in capital	28,111	12,115
Change in fair value of stock option liability	(8,189)	(6,921)
Stock option liability	$ 25,116	$ 5,194

WARRANTS (Narrative) (Details)

WARRANTS (Narrative) (Details)	1 Months Ended		12 Months Ended
	Aug. 20, 2018USD ($)$ / sharesshares	Aug. 03, 2017USD ($)shares	Oct. 31, 2018USD ($)$ / sharesshares	Oct. 31, 2017USD ($)shares	Oct. 31, 2018$ / shares	Oct. 31, 2017$ / shares
Class of Warrant or Right [Line Items]
Dividend yield
Warrant [Member]
Class of Warrant or Right [Line Items]
Equity issuance, price per share					$ 0.30
Warrant Intrinsic value of Exercise | $			$ 447,185
Minimum [Member]
Class of Warrant or Right [Line Items]
Contractual term			2 years 6 months	2 years 6 months
Maximum [Member]
Class of Warrant or Right [Line Items]
Contractual term			5 years	3 years 6 months
Maximum [Member] | Warrant [Member]
Class of Warrant or Right [Line Items]
Equity issuance, price per share			$ 0.12
Placement Agent's Warrants [Member]
Class of Warrant or Right [Line Items]
Number of warrants issued | shares	1,231,374	1,259,300	1,231,374	1,259,300
Exercise price of warrants | (per share)			$ 0.14			$ 0.10
Equity issuance, price per share	$ 0.14
Fair value of warrants issued | $	$ 26,165	$ 12,967	$ 26,165	$ 12,967
Dividend yield			0.00%
Contractual term			2 years
Placement Agent's Warrants [Member] | Minimum [Member]
Class of Warrant or Right [Line Items]
Risk-free interest rate			2.80%
Expected volatility			39.00%
Placement Agent's Warrants [Member] | Maximum [Member]
Class of Warrant or Right [Line Items]
Risk-free interest rate			2.90%
Expected volatility			45.00%
Placement Agent's Warrants [Member] | 0.13 Unit Private Placement [Member]
Class of Warrant or Right [Line Items]
Number of warrants issued | shares			14,570,931
Exercise price of warrants			$ 0.16
Placement Agent's Warrants [Member] | CDN 0.08 Unit Private Placement [Member]
Class of Warrant or Right [Line Items]
Number of warrants issued | shares				21,365,000
Exercise price of warrants						$ 0.13
Fair value of warrants issued | $				$ 139,423

WARRANTS (Summary of Warrant Ac

WARRANTS (Summary of Warrant Activity) (Details) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Shares
Expired	(2,019,286)	(2,770,000)
Weighted Average Exercise Price
Expired, weighted average exercise price	$ 0.40	$ 0.52
Weighted Average Remaining Contractual Life (Years)	3 years 5 months 23 days	2 years 11 months 23 days	2 years 7 months 28 days
Weighted Average Remaining Contractual Life Years, Exercisable	3 years 2 months 27 days
Warrant [Member]
Shares
Outstanding and exercisable	27,164,700	4,540,400
Issued in the $0.13 Unit private placement (Note 8)	14,570,931
Issued in the $CDN 0.08 Unit private placement (Note 8)		21,365,000
Agent's Warrants (Note 8)	1,231,374	1,259,300
Expired	(200,400)
Exercised	(6,466,375)
Outstanding and exercisable	36,300,230	27,164,700	4,540,400
Weighted Average Exercise Price
Outstanding and exercisable	$ 0.10	$ 0.12
Issued in the $0.13 Unit private placement (Note 8), weighted average exercise price	0.16
Issued in the $CDN 0.08 Unit private placement (Note 8), weighted average exercise price		0.10
Agent's Warrants (Note 8), weighted average exercise price	0.14	0.08
Expired, weighted average exercise price	0.15
Exercised, weighted average exercise price	0.10
Outstanding and exercisable	$ 0.13	$ 0.10	$ 0.12
Weighted Average Remaining Contractual Life (Years)			2 years 8 months 2 days
Weighted Average Remaining Contractual Life Years, Exercisable	1 year 1 month 27 days	1 year 8 months 12 days
Aggregate intrinsic value	$ 254,068	$ 9,769

WARRANTS (Summary of Warrants O

WARRANTS (Summary of Warrants Outstanding and Exercisable by Price Range) (Details)	12 Months Ended
	Oct. 31, 2018$ / sharesshares
Warrant Exercise Price Range One [Member]
Class of Warrant or Right [Line Items]
Exercise price	$ 0.08
Warrants and Exercisable outstanding | shares	357,925
Weighted Remaining Average Contractual Life (Years)	8 months 9 days
Weighted average exercise price, outstanding	$ 0.08
Warrant Exercise Price Range Two [Member]
Class of Warrant or Right [Line Items]
Exercise price	$ 0.10
Warrants and Exercisable outstanding | shares	15,800,000
Weighted Remaining Average Contractual Life (Years)	8 months 12 days
Weighted average exercise price, outstanding	$ 0.10
Warrant Exercise Price Range Three [Member]
Class of Warrant or Right [Line Items]
Exercise price	$ 0.12
Warrants and Exercisable outstanding | shares	4,340,000
Weighted Remaining Average Contractual Life (Years)	8 months 19 days
Weighted average exercise price, outstanding	$ 0.12
Warrant Exercise Price Range Four [Member]
Class of Warrant or Right [Line Items]
Exercise price	$ 0.14
Warrants and Exercisable outstanding | shares	1,231,374
Weighted Remaining Average Contractual Life (Years)	1 year 9 months
Weighted average exercise price, outstanding	$ 0.14
Warrant Exercise Price Range Five [Member]
Class of Warrant or Right [Line Items]
Exercise price	$ 0.16
Warrants and Exercisable outstanding | shares	14,570,931
Weighted Remaining Average Contractual Life (Years)	1 year 9 months
Weighted average exercise price, outstanding	$ 0.16
Warrant Exercise Price Range Six [Member]
Class of Warrant or Right [Line Items]
Range of exercise price, lower limit	0.08
Range of exercise price, upper limit	$ 0.16
Warrants and Exercisable outstanding | shares	36,300,230
Weighted Remaining Average Contractual Life (Years)	1 year 1 month 27 days
Weighted average exercise price, outstanding	$ 0.13

WARRANTS (Summary of Warrants D

WARRANTS (Summary of Warrants Derivative Liability) (Details) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Warrants and Rights Note Disclosure [Abstract]
Warrant derivative liability	$ 341,717
Reclassification from additional paid-in capital		94,143
Warrants issued in $CDN 0.08 Unit private placement		139,423
Agent's warrants issued in $CDN 0.08 Unit private placement		12,967
Change in fair value of warrant derivative liability	510,968	100,020
Foreign currency translation adjustment		(4,836)
Reclassification to additional paid-in capital upon exercise of warrants	(447,185)
Warrant derivative liability	$ 405,500	$ 341,717

TAX REFORM AND INCOME TAXES (Na

TAX REFORM AND INCOME TAXES (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Income Tax Disclosure [Line Items]
Corporate tax rate	21.00%	35.00%
Blended statutory tax rate	23.00%
Internal Revenue Service (IRS) [Member]
Income Tax Disclosure [Line Items]
Net operating loss carry forwards	$ 34
Capital loss carryforward	$ 0.3
Capital loss carryforward, expiration date	Dec. 31, 2020
Internal Revenue Service (IRS) [Member] | Minimum [Member]
Income Tax Disclosure [Line Items]
Net operating loss carry forwards, expiration dates	Dec. 31, 2019
Internal Revenue Service (IRS) [Member] | Maximum [Member]
Income Tax Disclosure [Line Items]
Net operating loss carry forwards, expiration dates	Dec. 31, 2038
Mexican Tax Authority [Member]
Income Tax Disclosure [Line Items]
Net operating loss carry forwards	$ 26
Mexican Tax Authority [Member] | Minimum [Member]
Income Tax Disclosure [Line Items]
Net operating loss carry forwards, expiration dates	Dec. 31, 2019
Mexican Tax Authority [Member] | Maximum [Member]
Income Tax Disclosure [Line Items]
Net operating loss carry forwards, expiration dates	Dec. 31, 2028

TAX REFORM AND INCOME TAXES (Sc

TAX REFORM AND INCOME TAXES (Schedule of Components of Loss before Income Taxes, by Tax Jurisdiction) (Details) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Segment Reporting Information [Line Items]
Loss before income taxes	$ (3,515,948)	$ (2,051,677)
United States [Member]
Segment Reporting Information [Line Items]
Loss before income taxes	(2,228,000)	(1,339,000)
Foreign [Member]
Segment Reporting Information [Line Items]
Loss before income taxes	$ (1,288,000)	$ (713,000)

TAX REFORM AND INCOME TAXES (Co

TAX REFORM AND INCOME TAXES (Components of the Provision for Income Taxes) (Details) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Income Tax Disclosure [Abstract]
Current tax expense	$ 3,718	$ 1,867
Deferred tax expense
Net income tax provision	$ 3,718	$ 1,867

TAX REFORM AND INCOME TAXES (Re

TAX REFORM AND INCOME TAXES (Reconciliation of the Provision For Income Taxes) (Details) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Income Tax Disclosure [Abstract]
Income tax benefit calculated at U.S. Federal Income tax rate	$ (808,000)	$ (718,000)
Differences arising from:
Other permanent differences	207,000	130,000
Differences due to foreign income tax rates	(81,000)	43,000
Adjustment to prior year taxes	68,000	(77,000)
Inflation adjustment foreign net operating loss	(375,000)	(422,000)
Foreign currency fluctuations	417,000	115,000
(Decrease) increase in valuation allowance	(4,810,000)	353,000
Re-measurement of deferred tax assets at 21%	4,767,000
Net operation loss carry forwards expiration - United States	99,000
Net operation loss carry forwards expiration - Mexico	520,000	565,000
Other		13,000
Net income tax provision	$ 4,000	$ 2,000

TAX REFORM AND INCOME TAXES (_2

TAX REFORM AND INCOME TAXES (Components of Deferred Tax Assets) (Details) - USD ($)	Oct. 31, 2018	Oct. 31, 2017
Deferred tax assets:
Net operating loss carry forwards - U.S.	$ 7,232,000	$ 11,766,000
Net capital loss carry forwards - U.S.	62,000	103,000
Net operating loss carry forwards - Mexico	7,736,000	8,111,000
Stock-based compensation - U.S.	7,000	11,000
Exploration costs	295,000	122,000
Other - United States	26,000	36,000
Other - Mexico	19,000	38,000
Total net deferred tax assets	15,377,000	20,187,000
Less: valuation allowance	(15,377,000)	(20,187,000)
Net deferred tax asset

FINANCIAL INSTRUMENTS (Details)

FINANCIAL INSTRUMENTS (Details)	12 Months Ended
	Oct. 31, 2018USD ($)	Oct. 31, 2018CAD ($)	Oct. 31, 2017USD ($)
Cash balance insured by FDIC per financial institution	$ 250,000
Cash balance insured by CDIC per financial institution		$ 100,000
Value of total cash accounts held in Mexico and Gabon	32,668		$ 25,408
Effect of a 1% decrease in interest rates on interest income	4,065
CDN [Member]
Cash balances not insured	2,919,461		578,773
US Dollars [Member]
Cash balances not insured	$ 2,919,461		$ 578,773

FINANCIAL INSTRUMENTS (Schedule

FINANCIAL INSTRUMENTS (Schedule of Fair Value of Derivative Liability) (Details)	Oct. 31, 2018USD ($)
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Stock option liability
Warrant derivative liability
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Stock option liability
Warrant derivative liability
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Stock option liability	25,116
Warrant derivative liability	$ 405,500

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Royalty) (Details) - Sierra Mojada [Member]	Oct. 31, 2018USD ($)
Property Concessions By Location Of Concessions [Line Items]
Percentage rate of net smelter return royalties	2.00%
The maximum net smelter return royalties that can be paid	$ 6,875,000

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Litigation and Claims) (Details) $ in Millions	12 Months Ended
	Oct. 31, 2018USD ($)
Litigation and Claims:
Interest rate sought on the Royalty	6.00%
Damages sought in litigation matter	$ 5.9

SEGMENT INFORMATION (Schedule o

SEGMENT INFORMATION (Schedule of Segment Net Loss) (Details) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Segment Reporting Information [Line Items]
Loss from Continuing Operations	$ (3,520,000)	$ (2,054,000)
MEXICO [Member]
Segment Reporting Information [Line Items]
Loss from Continuing Operations	(1,292,000)	(928,000)
Canada [Member]
Segment Reporting Information [Line Items]
Loss from Continuing Operations	(2,228,000)	(1,339,000)
Gabon [Member]
Segment Reporting Information [Line Items]
Loss from Continuing Operations		$ 213,000

SEGMENT INFORMATION (Schedule_2

SEGMENT INFORMATION (Schedule of Segment Assets) (Details) - USD ($)	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2016
Segment Reporting Information [Line Items]
Cash and cash equivalents	$ 3,025,839	$ 681,776
Value-added tax receivable, net	175,020	156,997
Other receivables	12,045	5,245
Prepaid expenses and deposits	237,253	116,836
Office and mining equipment, net	201,486	208,755
Property concessions	5,019,927	5,004,386	$ 5,004,386
Goodwill	2,058,031	2,058,031
TOTAL ASSETS	10,729,761	8,232,026
Canada [Member]
Segment Reporting Information [Line Items]
Cash and cash equivalents	2,993,000	657,000
Value-added tax receivable, net
Other receivables	11,000	4,000
Prepaid expenses and deposits	226,000	102,000
Office and mining equipment, net
Property concessions
Goodwill
TOTAL ASSETS	3,230,000	763,000
MEXICO [Member]
Segment Reporting Information [Line Items]
Cash and cash equivalents	33,000	25,000
Value-added tax receivable, net	175,000	157,000
Other receivables	1,000	1,000
Prepaid expenses and deposits	11,000	15,000
Office and mining equipment, net	202,000	209,000
Property concessions	5,020,000	5,004,000
Goodwill	2,058,000	2,058,000
TOTAL ASSETS	$ 7,500,000	$ 7,469,000

SEGMENT INFORMATION (Schedule_3

SEGMENT INFORMATION (Schedule of Segment Exploration and Property Holding Costs) (Details) - USD ($)	12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017
Segment Reporting Information [Line Items]
Exploration and property holding costs for the year	$ (1,240,624)	$ (912,884)
MEXICO [Member]
Segment Reporting Information [Line Items]
Exploration and property holding costs for the year	(1,241,000)	(944,000)
Mitzic, Gabon [Member]
Segment Reporting Information [Line Items]
Exploration and property holding costs for the year		$ 31,000