Silver Bull Resources (SVBL) 10-Q 11 Jun 21 2021 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Apr. 30, 2021	Jun. 11, 2021
Document And Entity Information [Abstract]
Entity Registrant Name	SILVER BULL RESOURCES, INC.
Entity Central Index Key	0001031093
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 30, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--10-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding		33,713,931
Entity Incorporation State Country Name	NV
Entity File Number	001-33125

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)		Apr. 30, 2021	Oct. 31, 2020
CURRENT ASSETS
Cash and cash equivalents (Note 14)		$ 1,759,378	$ 1,861,518
Value-added tax receivable, net of allowance for uncollectible taxes of $367,137 and $345,059, respectively (Note 7)		242,026	219,804
Income tax receivable		614	580
Other receivables		15,734	14,387
Prepaid expenses and deposits		163,562	229,647
Loan receivable (Note 8)		1,435,050	360,050
Total Current Assets		3,616,364	2,685,986
Office and mining equipment, net (Note 9)		227,464	239,769
Property concessions (Note 10)		5,019,927	5,019,927
Goodwill (Note 11)		2,058,031	2,058,031
TOTAL ASSETS		10,921,786	10,003,713
CURRENT LIABILITIES
Accounts payable		528,990	499,057
Accrued liabilities and expenses (Note 12)		469,223	383,718
Income tax payable		3,000	5,000
Total Current Liabilities		1,001,213	887,775
Loan payable (Note 13)		48,840	30,034
TOTAL LIABILITIES		1,050,053	917,809
COMMITMENTS AND CONTINGENCIES (Note 19)
STOCKHOLDERS' EQUITY (Notes 4, 15, 16 and 17)
Common stock, $0.01 par value; 150,000,000 and 37,500,000 shares authorized, 33,713,931 and 33,165,945 shares issued and outstanding, respectively	[1]	2,404,998	2,399,518
Additional paid-in capital		139,139,503	138,613,286
Accumulated deficit		(133,700,446)	(132,019,148)
Other comprehensive income		92,248	92,248
Total Stockholders' Equity Attributable to Common Shareholders		7,936,303	9,085,904
Non-controlling interests (Note 14)		1,935,430
Total Equity		9,871,733	9,085,904
TOTAL LIABILITIES AND EQUITY		$ 10,921,786	$ 10,003,713
[1]	Shares outstanding for prior period have been restated for the one-for-eight reverse stock split.

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Apr. 30, 2021	Oct. 31, 2020
Statement of Financial Position [Abstract]
Allowance for uncollectible taxes, current	$ 367,137	$ 345,059
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	150,000,000	37,500,000
Common stock, shares issued	33,713,931	33,165,945
Common stock, shares outstanding	33,713,931	33,165,945

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)		3 Months Ended		6 Months Ended
		Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Income Statement [Abstract]
REVENUES
EXPLORATION AND PROPERTY HOLDING COSTS
Exploration and property holding costs		126,927	84,633	460,974	288,163
Depreciation (Note 9)		12,057	8,916	22,484	18,037
TOTAL EXPLORATION AND PROPERTY HOLDING COSTS		138,984	93,549	483,458	306,200
GENERAL AND ADMINISTRATIVE EXPENSES
Personnel		288,930	136,566	429,962	292,783
Office and administrative		101,250	85,443	230,211	156,871
Professional services		201,717	91,479	402,581	171,800
Directors' fees		162,196	37,289	192,685	74,772
Provision for uncollectible value-added taxes (Note 7)		2,702	5,063	11,274	15,641
TOTAL GENERAL AND ADMINISTRATIVE EXPENSES		756,795	355,840	1,266,713	711,867
LOSS FROM OPERATIONS		(895,779)	(449,389)	(1,750,171)	(1,018,067)
OTHER INCOME (EXPENSES)
Interest income		26	2,108	80	7,588
Foreign currency transaction gain (loss)		27,073	(26,537)	25,054	(30,539)
TOTAL OTHER INCOME (EXPENSES)		27,099	(24,429)	25,134	(22,951)
LOSS BEFORE INCOME TAXES		(868,680)	(473,818)	(1,725,037)	(1,041,018)
INCOME TAX EXPENSE		1,500	4,133	3,537	5,376
NET LOSS		(870,180)	(477,951)	(1,728,574)	(1,046,394)
NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS (Note 14)		(47,276)		(47,276)
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS		$ (822,904)	$ (477,951)	$ (1,681,298)	$ (1,046,394)
BASIC AND DILUTED NET LOSS PER COMMON SHARE		$ (0.02)	$ (0.02)	$ (0.05)	$ (0.04)
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES	[1]	33,708,785	29,541,027	33,579,148	29,541,027
[1]	Shares outstanding for prior period have been restated for the one-for-eight reverse stock split.

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)		Common Stock [Member]		Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Other Comprehensive Income [Member]	Noncontrolling Interest [Member]	Total
Balance at Oct. 31, 2019		$ 2,363,282		$ 135,902,944	$ (129,793,599)	$ 92,248		$ 8,564,875
Balance, shares at Oct. 31, 2019	[1]	29,541,027
Earn-in option agreement (Note 4)				1,042,538				1,042,538
Reclassification to additional paid-in capital of stock option liability (Notes 3 and 16)				4,803				4,803
Stock option activity as follows:
Stock-based compensation for options issued to directors, officers, employees and advisors (Note 16)				37,450				37,450
Net loss					(1,046,394)			(1,046,394)
Balance at Apr. 30, 2020		$ 2,363,282		136,987,735	(130,839,993)	92,248		8,603,272
Balance, shares at Apr. 30, 2020	[1]	29,541,027
Balance at Jan. 31, 2020		$ 2,363,282		136,821,644	(130,362,042)	92,248		8,915,132
Balance, shares at Jan. 31, 2020	[1]	29,541,027
Earn-in option agreement (Note 4)				147,366				147,366
Stock option activity as follows:
Stock-based compensation for options issued to directors, officers, employees and advisors (Note 16)				18,725				18,725
Net loss					(477,951)			(477,951)
Balance at Apr. 30, 2020		$ 2,363,282		136,987,735	(130,839,993)	92,248		8,603,272
Balance, shares at Apr. 30, 2020	[1]	29,541,027
Balance at Oct. 31, 2020		$ 2,399,518		138,613,286	(132,019,148)	92,248		$ 9,085,904
Balance, shares at Oct. 31, 2020		33,165,945	[1]					33,165,945
Earn-in option agreement (Note 4)				82,670				$ 82,670
Issuance of common stock as follows: - for cash at a price of $0.47 per share with attached warrants, less offering costs of $6,780 (Note 15)		$ 3,190		139,960				143,150
Issuance of common stock as follows: - for cash at a price of $0.47 per share with attached warrants, less offering costs of $6,780 (Note 15) (in shares)	[1]	319,000
Issuance of common stock as follows: - for cashless exercise of options (Note 15)		$ 2,290		(2,290)
Issuance of common stock as follows: - for cashless exercise of options (in shares) (Note 15)	[1]	228,986
Changes in interests in subsidiary (Note 14)							1,982,706	1,982,706
Stock option activity as follows:
Stock-based compensation for options issued to directors, officers, employees and advisors (Note 16)				305,877				305,877
Net loss					(1,681,298)		(47,276)	(1,728,574)
Balance at Apr. 30, 2021		$ 2,404,998		139,139,503	(133,700,446)	92,248	1,935,430	$ 7,936,303
Balance, shares at Apr. 30, 2021		33,713,931	[1]					33,713,931
Balance at Jan. 31, 2021		$ 2,402,708		138,825,532	(132,877,542)	92,248		$ 8,442,946
Balance, shares at Jan. 31, 2021	[1]	33,484,945
Earn-in option agreement (Note 4)				10,384				10,384
Issuance of common stock as follows: - for cashless exercise of options (Note 15)		$ 2,290		(2,290)
Issuance of common stock as follows: - for cashless exercise of options (in shares) (Note 15)	[1]	228,986
Changes in interests in subsidiary (Note 14)							1,982,706	1,982,706
Stock option activity as follows:
Stock-based compensation for options issued to directors, officers, employees and advisors (Note 16)				305,877				305,877
Net loss					(822,904)		(47,276)	(870,180)
Balance at Apr. 30, 2021		$ 2,404,998		$ 139,139,503	$ (133,700,446)	$ 92,248	$ 1,935,430	$ 7,936,303
Balance, shares at Apr. 30, 2021		33,713,931	[1]					33,713,931
[1]	Shares outstanding for prior periods have been restated for the one-for-eight reverse stock split.

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) (Parenthetical) - Warrant [Member]	6 Months Ended
	Apr. 30, 2021USD ($)$ / shares
Equity issuance, price per share | $ / shares	$ 0.47
Offering costs incurred | $	$ 6,780

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (1,728,574)	$ (1,046,394)
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation	22,484	18,037
Provision for uncollectible value-added taxes	11,274	15,641
Foreign currency transaction (income) loss	(34,441)	27,191
Stock options issued for compensation (Note 16)	305,877	37,450
Changes in operating assets and liabilities:
Value-added tax receivable	(20,173)	(26,890)
Income tax receivable		37
Other receivables	(1,101)	(1,364)
Prepaid expenses and deposits	66,085	50,754
Accounts payable	19,378	(177,426)
Accrued liabilities and expenses	65,103	(32,262)
Income tax payable	(2,000)	675
Net cash used in operating activities	(1,296,088)	(1,134,551)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of equipment	(10,179)
Loan receivable (Note 8)	(1,075,000)
Net cash used in investing activities	(1,085,179)
CASH FLOWS FROM FINANCING ACTIVITIES:
Property concessions funding (Note 4)	82,670	1,042,538
Proceeds from loan financing (Note 13)	15,615
Proceeds from issuance of common stock, net of offering costs (Note 15)	143,150
Proceeds from issuance of common stock of subsidiary, net of offering costs (Note 14)	2,001,244
Net cash provided by financing activities	2,242,679	1,042,538
Effect of exchange rates on cash and cash equivalents	36,448	(5,177)
Net decrease in cash and cash equivalents	(102,140)	(97,190)
Cash and cash equivalents beginning of period	1,861,518	1,431,634
Cash and cash equivalents end of period	1,759,378	1,334,444
SUPPLEMENTAL CASH FLOW DISCLOSURES:
Income taxes paid	5,732	4,769
Interest paid
NON-CASH INVESTING AND FINANCING ACTIVITY:
Arras Private Placement costs included in accounts payable and accrued liabilities	$ 18,538

ORGANIZATION, DESCRIPTION OF BU

ORGANIZATION, DESCRIPTION OF BUSINESS AND GOING CONCERN	6 Months Ended
	Apr. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION, DESCRIPTION OF BUSINESS AND GOING CONCERN	NOTE 1 – ORGANIZATION, DESCRIPTION OF BUSINESS AND GOING CONCERN 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”), Contratistas de Sierra Mojada S.A. de C.V. (“Contratistas”) and Minas de Coahuila SBR S.A. de C.V. On April 16, 2010, Metalline Mining Delaware, Inc., a wholly-owned subsidiary of the Company incorporated in the State of Delaware, was merged with and into Dome Ventures Corporation (“Dome”), a Delaware corporation. 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 September 18, 2020, the Company completed a one-for-eight reverse stock split of its shares of common stock. All share and per share information in the condensed interim consolidated financial statements, including references to the number of shares of common stock, stock options and warrants, prices of issued shares, exercise prices of stock options and warrants, and loss per share, have been adjusted to reflect the impact of the reverse stock split. On August 12, 2020, the Company entered into an option agreement (the “Beskauga Option Agreement”) with Copperbelt AG, a corporation existing under the laws of Switzerland (“Copperbelt Parent”), and Dostyk LLP, an entity existing under the laws of Kazakhstan and a wholly-owned subsidiary of Copperbelt (the “Copperbelt Sub,” and together with Copperbelt Parent, “Copperbelt”), pursuant to which the Company has the exclusive right and option (the “Beskauga Option”) to acquire Copperbelt’s right, title and 100% interest in the Beskauga property located in Kazakhstan (the “Beskauga Property”), which consists of the Beskauga Main project (the “Beskauga Main Project”) and the Beskauga South project (the “Beskauga South Project,” and together the Beskauga Main Project, the “Beskauga Project”). After the completion of due diligence, the transaction contemplated by the Beskauga Option Agreement closed on January 26, 2021. On September 1, 2020, the Company entered into a joint venture agreement (the “Stepnoe and Ekidos JV Agreement”) with Copperbelt Parent in connection with mineral license applications for, and further exploration and evaluation of, certain properties, including the Stepnoe and Ekidos properties located in Kazakhstan. Further, an exploration license for an additional property, Akkuduk has been included in the Stepnoe and Ekidos JV Agreement. The exploration licenses for the Stepnoe and Ekidos properties were granted on October 22, 2020, and the exploration license for the Akkuduk property was granted on February 2, 2021. Pursuant to the Stepnoe and Ekidos JV Agreement, the Company is obligated to contribute to the joint venture such funds as may be required to apply for the Stepnoe, Ekidos and Akkuduk mineral licenses and to fund such other exploration activities on the Stepnoe, Ekidos and Akkuduk properties as the Company, in its sole discretion, may deem appropriate, and Copperbelt is obligated to contribute to the joint venture the identification of the Stepnoe, Ekidos and Akkuduk properties. The Company and Copperbelt have initial participating interests in the joint venture of 80% and 20%, respectively. Pursuant to the Stepnoe, and Ekidos JV Agreement, the Company is entitled to acquire Copperbelt’s participating interest any or all of the three properties for $1.5 million each in cash. On February 5, 2021, Arras Minerals Corp. (“Arras”) was incorporated in British Columbia, Canada., as a wholly-owned subsidiary of the Company. The Company has included the financial results of Arras in its consolidated statement of operations since February 5, 2021. The Company’s efforts and expenditures have been concentrated on the exploration of properties, principally in the Sierra Mojada Property located in Coahuila, Mexico and in the Beskauga Property located in Pavlodar, Kazakhstan. 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. Going Concern Since its inception in November 1993, the Company has not generated revenue and has incurred an accumulated deficit of $133,700,446. Accordingly, the Company has not generated cash flows from operations, and since inception the Company has relied primarily upon proceeds from private placements and registered direct offerings of the Company’s equity securities and warrant exercises as the primary sources of financing to fund the Company’s operations. As of April 30, 2021, the Company had cash and cash equivalents of approximately $1,760,000. Based on the Company’s limited cash and cash equivalents, and history of losses, there is substantial doubt as to whether the Company’s existing cash resources are sufficient to enable the Company to continue its operations for the next 12 months as a going concern. Management plans to pursue possible financing and strategic options including, but not limited to, obtaining additional equity financing. Management has successfully pursued these options previously and believes that they alleviate the substantial doubt that the Company can continue its operations for the next 12 months as a going concern. However, there is no assurance that the Company will be successful in pursuing these plans. The Company’s limited ability to issue shares to raise capital without an increase in the number of authorized shares of common stock is discussed further in the “Risk Factors – Risks Related to our Business” section of These interim condensed consolidated financial statements have been prepared on a going concern basis and do not include any adjustments to the amounts and classification of assets and liabilities that may be necessary in the event the Company can no longer continue as a going concern. Such adjustments could be material.

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Apr. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	NOTE 2 – BASIS OF PRESENTATION The Company’s interim condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and applicable rules of the U.S. Securities and Exchange Commission (the “SEC”) regarding interim reporting. All intercompany transactions and balances have been eliminated during consolidation. Certain information and note disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. The interim condensed consolidated balance sheet at April 30, 2021 was derived from the audited consolidated financial statements. Accordingly, these interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto contained in the Company’s Annual Report on Form 10-K for the year ended October 31, 2020. All figures are in United States dollars unless otherwise noted. The interim condensed consolidated financial statements have been prepared on the same basis as the audited consolidated financial statements, except as disclosed in Note 3. In the opinion of management, the interim condensed consolidated financial statements furnished herein include all adjustments, all of which are of a normal recurring nature, necessary for a fair statement of the results for the interim periods presented. Uncertainties with respect to estimates and assumptions are inherent in the preparation of the Company’s interim condensed consolidated financial statements. Accordingly, operating results for the six months ended April 30, 2021 are not necessarily indicative of the results that may be expected for the fiscal year ending October 31, 2021.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Apr. 30, 2021
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 3 – SIGNIFICANT ACCOUNTING POLICIES The significant accounting policies are defined in the Company’s Annual Report on Form 10-K for the year ended October 31, 2020 filed with the SEC on January 28, 2021, except as follows. Principles of Consolidation and Basis of Presentation The interim condensed consolidated financial statements include the accounts of the Company and its interim condensed consolidated subsidiaries. The portion of the consolidated subsidiary not owned by the Company is presented as non-controlling interest in the Company’s interim condensed consolidated balance sheets, statements of operations, and statements of stockholders’ equity. Further, a portion of the earnings and losses of the subsidiary are allocated to non-controlling interest holders based on their respective ownership percentages. Equity is reallocated between controlling and noncontrolling interests in Arras upon a change in ownership. All subsidiaries are entities that we control, either directly or indirectly. Control is defined as the exposure, or rights, to variable returns from involvement with an investee and the ability to affect those returns through power over the investee. Power over an investee exists when the Company’s existing rights give it the ability to direct the activities that significantly affect the investee’s returns. This control is generally evidenced through owning more than 50% of the voting rights or currently exercisable potential voting rights of a company’s share capital. All of the Company’s intra-group balances and transactions, including unrealized profits and losses arising from intra-group transactions, have been eliminated in full. For subsidiaries that we control but do not own 100% of, the net assets and net loss attributable to outside shareholders are presented as amounts attributable to non-controlling interests in the interim condensed consolidated balance sheet and consolidated statements of operations of loss. Recent Accounting Pronouncements Adopted in the Six-Month Period Ended April 30, 2021 On November 1, 2020, the Company adopted the Financial Accounting Standards Board’s (the “FASB’s”) Accounting Standards Updated (“ASU”) 2019-12, “Income Taxes - Simplifying the Accounting for Income Taxes (Topic 740)” which is intended to simplify various aspects related to accounting for income taxes. ASU 2019-12 removes certain exceptions to the general principles in Topic 740 and clarifies and amends existing guidance to improve consistent application. ASU 2019-12 will be effective for interim and annual periods beginning after December 15, 2020. Early adoption is permitted. The adoption of this update did not have a material impact on the Company’s financial position, results of operations or cash flows and disclosures. Recent Accounting Pronouncements Not Yet Adopted In January 2020, the FASB issued ASU No. 2020-01, “Investments – Equity Securities (Topic 321), Investments – Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) – Clarifying the Interactions between Topic 321, Topic 323, and Topic 815.” This ASU is effective for fiscal years beginning after December 15, 2020. The adoption of this update is not expected to have a material impact on 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.

SOUTH32 OPTION AGREEMENT

SOUTH32 OPTION AGREEMENT	6 Months Ended
	Apr. 30, 2021
Equity Method Investments and Joint Ventures [Abstract]
SOUTH32 OPTION AGREEMENT	NOTE 4 – SOUTH32 OPTION AGREEMENT On June 1, 2018, the Company and its subsidiaries Minera Metalin and Contratistas entered into an earn-in option agreement (the “South32 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 “South32 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 South32 Option Agreement, South32 earns into the South32 Option by funding a collaborative exploration program on the Sierra Mojada Project. Upon the terms and subject to the conditions set forth in the South32 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 South32 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 South32 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 South32 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 South32 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. The Company received funding of $3,144,163 from South32 for Year 1 of the South32 Option Agreement. In April 2019, the Company received a notice from South32 to maintain the South32 Option Agreement for Year 2 by providing cumulative funding of $6 million by the end of such period. As of April 30, 2021, the Company had received funding of $1,502,831, which included payments of $319,430 and $1,100,731 received during the years ended October 31, 2019 and 2020, respectively, from South32 for Year 2 of the South32 Option Agreement, the time period for which has been extended by an event of force majeure described in more detail below. As of April 30, 2021, the Company had received cumulative funding of $4,646,994 under the South32 Option Agreement. During the six months ended April 30, 2021, the Company received payments of $82,670 for the extended Year 2 time period. If the South32 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 South32 Option Agreement. Upon exercise of the South32 Option, Minera Metalin and Contratistas are required to issue common shares to South32. Pursuant to the South32 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 that Minera Metalin and Contratistas are variable interest entities and that the South32 Option Agreement has not resulted in the transfer of control of the Sierra Mojada Project to South32. The Company has also determined that the South32 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 the cash consideration received, as it is more reliably measurable than the fair value of the equity interest. If the South32 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 that are not wholly in control of the Company or South32 and are not currently probable. No portion of the equity value has been classified as temporary equity as the South32 Option has no intrinsic value. On October 11, 2019, the Company and its subsidiary Minera Metalin issued a notice of force majeure to South32 pursuant to the South32 Option Agreement. Due to a blockade by a cooperative of local miners called Sociedad Cooperativa de Exploración Minera Mineros Norteños, S.C.L. (“Mineros Norteños”), the Company has temporarily halted all work on the Sierra Mojada Property. The notice of force majeure was issued because of the blockade’s impact on the ability of the Company and its subsidiary Minera Metalin to perform their obligations under the South32 Option Agreement. Pursuant to the South32 Option Agreement, any time period provided for in the South32 Option Agreement will generally be extended by a period equal to the period of delay caused by the event of force majeure. As of June 11, 2021, the blockade by Mineros Norteños at, on and around the Sierra Mojada Property is ongoing. The combined approximate carrying amount of the assets and liabilities of Contratistas and Minera Metalin (consolidated with their wholly-owned subsidiary) are as follows at April 30, 2021: Assets: Mexico Cash and cash equivalents $ 19,000 Value-added tax receivable, net 242,000 Other receivables 4,000 Income tax receivable 1,000 Prepaid expenses and deposits 100,000 Office and mining equipment, net 177,000 Property concessions 5,020,000 Total assets $ 5,563,000 Liabilities: Accounts payable $ 54,000 Accrued liabilities and expenses 129,000 Payable to Silver Bull Resources, Inc. to be converted to equity upon exercise of the South32 Option 3,509,000 Total liabilities $ 3,692,000 Net advances and investment in the Company’s Mexican subsidiaries $ 1,871,000 In addition, at April 30, 2021, Silver Bull Resources, Inc. held $6,000 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 at the Sierra Mojada Property. The Company’s maximum exposure to loss at April 30, 2021 is $5,380,000, which includes the carrying value of the Mexican subsidiaries’ net assets excluding the payable to Silver Bull Resources, Inc.

BESKAUGA OPTION AGREEMENT

BESKAUGA OPTION AGREEMENT	6 Months Ended
	Apr. 30, 2021
Common Stock Issuance Two [Member]
BESKAUGA OPTION AGREEMENT	NOTE 5 – BESKAUGA OPTION AGREEMENT On August 12, 2020, the Company entered into the Beskauga Option Agreement with Copperbelt pursuant to which it has the exclusive right and option to acquire Copperbelt’s right, title and 100% interest in the Beskauga property located in Kazakhstan. Upon execution of the Beskauga Option Agreement, the Company paid Copperbelt Parent $30,000. Upon completion of the Company’s due diligence on January 26, 2021, the Beskauga Option Agreement was finalized and the Company paid Copperbelt Parent $40,000 on January 26, 2021. As per the Beskauga Option Agreement, to maintain the effectiveness of the Beskauga Option, the Company must incur the following exploration expenditures: Date Amount (USD $) By January 26, 2022 $2 million By January 26, 2023 $3 million By January 26, 2024 $5 million By January 26, 2025 $5 million The Beskauga Option Agreement also provides that subject to the terms and conditions set forth in the Beskauga Option Agreement, after the Company or its affiliate has incurred the exploration expenditures, the Company or its affiliate may exercise the Beskauga Option and acquire (i) the Beskauga Property by paying Copperbelt $15,000,000 in cash, (ii) the Beskauga Main Project only by paying Copperbelt $13,500,000 in cash, or (iii) the Beskauga South Project only by paying Copperbelt $1,500,000 in cash. In addition, the Beskauga Option Agreement provides that subject to the terms and conditions set forth in the Beskauga Option Agreement, the Company or its affiliate may be obligated to make the following bonus payments (collectively, the “Bonus Payments”) to Copperbelt Parent if the Beskauga Main Project or the Beskauga South Project is the subject of a bankable feasibility study in compliance with Canadian National Instrument 43-101 indicating gold equivalent resources in the amounts set forth below, with (i) (A) 20% of the Bonus Payments payable after completion of the bankable feasibility study or after the mineral resource statement is finally determined and (B) the remaining 80% of the Bonus Payments due within 15 business days of commencement of on-site construction of a mine for the Beskauga Main Project or the Beskauga South Project, as applicable, and (ii) up to 50% of the Bonus Payments payable in shares of the Company’s common stock to be valued at the 20-day volume-weighted average trading price of the shares on the Toronto Stock Exchange calculated as of the date immediately preceding the date such shares are issued: Gold equivalent resources Cumulative Bonus Payments Beskauga Main Project 3,000,000 ounces $ 2,000,000 5,000,000 ounces $ 6,000,000 7,000,000 ounces $ 12,000,000 10,000,000 ounces $ 20,000,000 Beskauga South Project 2,000,000 ounces $ 2,000,000 3,000,000 ounces $ 5,000,000 4,000,000 ounces $ 8,000,000 5,000,000 ounces $ 12,000,000 The Beskauga Option Agreement may be terminated under certain circumstances, including (i) upon the mutual written agreement of the Company and Copperbelt; (ii) upon the delivery of written notice by the Company, provided that at the time of delivery of such notice, unless there has been a material breach of a representation or warranty given by Copperbelt that has not been cured, the Beskauga Property is in good standing; or (iii) if there is a material breach by a party of its obligations under the Beskauga Option Agreement and the other party has provided written notice of such material breach, which is incapable of being cured or remains uncured. On March 19, 2021, the Company transferred its interest in the Beskauga Option Agreement to its subsidiary, Arras. As of April 30, 2021, the Company and Arras had collectively incurred approximately $850,700 of the exploration expenditures required under the Beskauga Option Agreement, via the loans made to Ekidos Minerals LLP (“Ekidos LLP”). Arras incurred an additional $230,000 of the required exploration expenditures in May 2021.

NET LOSS PER SHARE

NET LOSS PER SHARE	6 Months Ended
	Apr. 30, 2021
Earnings Per Share [Abstract]
NET LOSS PER SHARE	N OTE 6 – NET LOSS PER SHARE The Company had stock options and warrants outstanding at April 30, 2021 and 2020 that upon exercise were issuable into 3,505,664 and 4,019,038 shares of the Company’s common stock, respectively. They were not included in the calculation of loss per share because they would have been anti-dilutive.

VALUE-ADDED TAX RECEIVABLE

VALUE-ADDED TAX RECEIVABLE	6 Months Ended
	Apr. 30, 2021
VALUE-ADDED TAX RECEIVABLE [Abstract]
VALUE-ADDED TAX RECEIVABLE	NOTE 7 – VALUE-ADDED TAX RECEIVABLE Value-added tax (“VAT”) receivable relates to VAT paid in Mexico. The Company estimates that net VAT of $242,026 will be received within 12 months of the balance sheet date. The allowance for uncollectible VAT 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. A summary of the changes in the allowance for uncollectible VAT for the six months ended April 30, 2021 is as follows: Allowance for uncollectible VAT – October 31, 2020 $ 345,059 Provision for VAT receivable allowance 11,274 Foreign currency translation adjustment 10,804 Allowance for uncollectible VAT – April 30, 2021 $ 367,137

LOAN RECEIVABLE

LOAN RECEIVABLE	6 Months Ended
	Apr. 30, 2021
Receivables [Abstract]
LOAN RECEIVABLE	NOTE 8 – LOAN RECEIVABLE Through April 30, 2021, the Company has loaned $1,435,050 (October 31, 2020 - $360,050) to Ekidos LLP, an unrelated third-party Kazakh entity, relating to the acquisition of mineral property concessions in Kazakhstan and exploration expenditures incurred in relation to the Beskauga Option Agreement. The loans are interest free and are to be repaid on June 30, 2021. During the period from December 21, 2020 to March 19, 2021, the Company loaned an additional $625,000 to Ekidos LLP. These loans are interest free and are to be repaid by June 30, 2021. Pursuant to an asset purchase agreement with Arras, the Company transferred loans to Ekidos LLP totaling $985,050 to Arras. On April 22, 2021, the Company’s subsidiary, Arras, loaned an additional $450,000 to Ekidos LLP. This loan is interest free and is to be repaid by June 30, 2021.

OFFICE AND MINING EQUIPMENT

OFFICE AND MINING EQUIPMENT	6 Months Ended
	Apr. 30, 2021
Property, Plant and Equipment [Abstract]
OFFICE AND MINING EQUIPMENT	NOTE 9 – OFFICE AND MINING EQUIPMENT The following is a summary of the Company’s office and mining equipment at April 30, 2021 and October 31, 2020, respectively: April 30, October 31, 2021 2020 Mining equipment $ 454,381 $ 444,202 Vehicles 92,873 92,873 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 47,597 894,448 884,269 Less: Accumulated depreciation (666,984 ) (644,500 ) Office and mining equipment, net $ 227,464 $ 239,769

PROPERTY CONCESSIONS

PROPERTY CONCESSIONS	6 Months Ended
	Apr. 30, 2021
PROPERTY CONCESSIONS [Abstract]
PROPERTY CONCESSIONS	NOTE 10 – PROPERTY CONCESSIONS The following is a summary of the Company’s property concessions for the Sierra Mojada Property as at April 30, 2021 and October 31, 2020: Property concessions – April 30, 2021 and October 31, 2020 $ 5,019,927

GOODWILL

GOODWILL	6 Months Ended
	Apr. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	NOTE 11 – 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 April 30, 2021 and October 31, 2020: Goodwill – April 30, 2021 and October 31, 2020 $ 2,058,031

ACCRUED LIABILITIES AND EXPENSE

ACCRUED LIABILITIES AND EXPENSES	6 Months Ended
	Apr. 30, 2021
Payables and Accruals [Abstract]
ACCRUED LIABILITIES AND EXPENSES	NOTE 12 – ACCRUED LIABILITIES AND EXPENSES On August 12, 2020, the Company entered into the Beskauga Option Agreement with Copperbelt pursuant to which it has the exclusive right and option to acquire Copperbelt’s right, title and 100% interest in the Beskauga property located in Kazakhstan. In connection with the Beskauga Option Agreement, the Company must pay in shares of the Company’s common stock a finder’s fee to a third party upon the satisfaction of certain conditions. Upon completion of the Company’s due diligence on January 26, 2021, the Beskauga Option Agreement was finalized, and the Company recorded a $154,000 (or Canadian Dollar (“$CDN”) 200,000) liability. The Company has agreed to issue to a finder such number of the shares of common stock equal to following amounts by the dates included below: Date Amount ($CDN) Upon completion of the Company’s due diligence and satisfaction of certain conditions $ 200,000 Within the first anniversary of first issue the Company’s common stock $ 100,000 Within the second anniversary of first issue the Company’s common stock $ 100,000 The shares of the Company’s common stock are to be valued at the 10-day volume-weighted average trading price of the shares on the Toronto Stock Exchange calculated as of the date immediately preceding the date such shares are issued

LOAN PAYABLE

LOAN PAYABLE	6 Months Ended
	Apr. 30, 2021
Recovery Of Provision For Uncollectible Value Added Taxes
LOAN PAYABLE	NOTE 13 – LOAN PAYABLE In June 2020, the Company received $29,531 ($CDN 40,000) in the form of a Canada Emergency Business Account (“CEBA”) loan. CEBA is part of the economic assistance program launched by the Government of Canada to ensure that businesses have access to capital during the COVID-19 pandemic that can only be used to pay non-deferrable operating expenses. During the period from receipt of the CEBA loan to December 31, 2022 (the “Initial Term”), no interest will be charged on the principal amount outstanding. If at least $CDN 30,000 is repaid on or before the end of the Initial Term, the remaining $CDN 10,000 of principal will be forgiven pursuant to the terms of the CEBA loan. During the period from January 1, 2023 to December 31, 2025 (the “Extended Term”), if any portion of the loan remains outstanding, interest will be payable monthly at a rate of 5% per annum on the outstanding principal balance. In January 2021, the Company applied and qualified for an additional $15,615 ($CDN 20,000) CEBA loan. Fifty percent (50%) of the additional loan is forgivable if repaid by December 31, 2022. The loan accrues no interest before the end of the Initial Term, and thereafter converts to a three-year term loan with a 5% annual interest rate. Any portion of the loan is repayable without penalty at any time prior to December 31, 2025. The total CEBA loan amount stands at $CDN 60,000 with $CDN 20,000 forgivable if repaid by December 31, 2022. The balance of the CEBA loan is fully repayable on or before the end of the Extended Term, if not repaid on or before the end of the Initial Term. The Company anticipates repaying the CEBA loan prior to the Initial Term date. An income will be recognized in the period when the CEBA loan is forgiven. Loan payable – October 31, 2020 $ 30,034 Loan payable received – January 2021 15,615 Foreign currency translation adjustment 3,191 Loan payable – April 30, 2021 $ 48,840

NON-CONTROLLING INTERESTS

NON-CONTROLLING INTERESTS	6 Months Ended
	Apr. 30, 2021
Noncontrolling Interest [Abstract]
NON-CONTROLLING INTERESTS	NOTE 14 – NON-CONTROLLING INTERESTS On April 1, 2021, Arras completed an initial private placement (the “Arras Private Placement”) for 5,035,000 common shares at a purchase price of $CDN 0.50 per share for gross proceeds of $CDN 2,517,500. No placement agent or finder’s fees were paid in connection with the Arras Private Placement. Arras incurred other offering costs associated with the Arras Private Placement of $18,646. The Arras Private Placement was considered a change in the ownership interest of a subsidiary that the Company controls and accordingly, the Company accounted for this as an equity transaction. The Company has correspondingly recorded a non-controlling interest for the portion of Arras not owned by the Company. As a result of the transaction, the Company maintains a controlling interest of 88% of Arras’ issued and outstanding common shares. Mainly due to this impact, the Company recorded a non-controlling interests for the dilution gain from changes in interest in subsidiary of $1,982,706. There were no changes in the number of Arras common shares held by the Company. The carrying value of the non-controlling interest at April 30, 2021 was as follows: Non-controlling interests – October 31, 2020 $ — Changes in interests in subsidiary – April 1, 2021 1,982,706 Loss for the period (47,276 ) Non-controlling interests – April 30, 2021 $ 1,935,430 The Company’s consolidated cash and cash equivalents balance as of April 30, 2021 is $1,759,378, of which $1,562,570 is held in Arras. The remaining balance of $196,808 is held in the Company and its Mexican subsidiaries.

COMMON STOCK

COMMON STOCK	6 Months Ended
	Apr. 30, 2021
Stockholders' Equity Note [Abstract]
COMMON STOCK	NOTE 15 – COMMON STOCK Following shareholder approval, the Company amended its articles of incorporation on April 20, 2021 to increase the number of authorized shares of common stock from 37,500,000 to 150,000,000. On February 2, 2021, options to acquire 509,375 shares of common stock were exercised on a cashless basis whereby the recipients elected to receive 228,986 shares without payment of the cash exercise price and the remaining options for 280,389 shares were cancelled. On November 9, 2020, the Company completed the second and final tranche of a two-tranche private placement (the “Silver Bull Private Placement”) for 319,000 units (each, a “Unit”) at a purchase price of $0.47 per Unit for gross proceeds of $149,930. Each Unit consists of one share of the Company’s common stock and one half of one transferable common stock purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder thereof to acquire one share of common stock at a price of $0.59 until November 9, 2025. The Company incurred other offering costs associated with the second and final tranche of the Silver Bull Private Placement of $6,780. Subscribers of the second and final tranche of the Silver Bull Private Placement included management for a total 319,000 Units and gross proceeds of $149,930. No shares of common stock were issued during the six months ended April 30, 2020.

STOCK OPTIONS

STOCK OPTIONS	6 Months Ended
	Apr. 30, 2021
Share-based Payment Arrangement [Abstract]
STOCK OPTIONS	NOTE 16 – STOCK OPTIONS The Company has one stock option plan under which equity securities are authorized for issuance to officers, directors, employees and advisors: the 2019 Stock Option and Stock Bonus Plan (the “2019 Plan”). Under the 2019 Plan, the lesser of (i) 150,000,000 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 two years and have a contractual term of five years. On February 2, 2021, options to acquire 228,986 shares of common stock were exercised on a cashless basis at an average exercise price of $CDN 0.60 per share. The options had an intrinsic value of $194,630 at the time of exercise. No options were granted during the six months ended April 30, 2021. No options were granted or exercised during the six months ended April 30, 2020. The following is a summary of stock option activity for the six months ended April 30, 2021: Options Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value Outstanding at October 31, 2020 2,043,750 $ 0.72 1.83 $ 53,546 Exercised (228,986 ) 0.47 Cancelled (280,389 ) 0.47 Outstanding at April 30, 2021 1,534,375 $ 0.87 1.83 $ — Exercisable at April 30, 2021 1,534,375 $ 0.87 1.83 $ — The Company recognized stock-based compensation costs for stock options of $nil and $37,450 for the six months ended April 30, 2021 and 2020, respectively. As of April 30, 2021, there was $nil of total unrecognized compensation expense, which is expected to be recognized over a weighted average period of nil years. During the six months ended April 30, 2021, the Company’s subsidiary, Arras, granted options to acquire 4,160,000 common shares with a weighted-average grant-date fair value of $0.22 per share and an exercise price of $CDN 0.50 per share. Arras recognized stock-based compensation costs for stock options of $305,877 for the period from inception on February 5, 2021 to April 30, 2021. Arras applies the fair value method using the Black-Scholes option pricing model in accounting for its stock options granted. Accordingly, share-based compensation of $130,803 was recognized as personnel costs for options granted to employees, share-based compensation of $127,066 was recognized as directors’ fees for options granted to directors and share-based compensation of $48,007 was recognized as exploration and property holding costs for options granted to employees and advisors. Summarized information about stock options outstanding and exercisable at April 30, 2021 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 $ 0.81 509,375 0.93 0.81 509,375 0.81 0.85 943,750 2.39 0.85 943,750 0.85 1.40 43,750 1.81 1.40 43,750 1.40 1.66 37,500 0.26 1.66 37,500 1.66 $ 0.81 – 1.66 1,534,375 1.83 $ 0.87 1,534,375 $ 0.87 Prior to the adoption of ASU 2018-07 on November 1, 2019, stock options granted to consultants with a $CDN exercise price were classified as a stock option liability on the Company’s consolidated balance sheets upon vesting. On adoption of ASU 2018-07, the classification of stock options granted to consultants with a $CDN exercise price is only reassessed if the award is modified after it vests and the consultant is no longer providing services, rather than once performance is complete and the award vests. ASU 2018-07 requires liability-classified awards that have not been settled as of the adoption date to be remeasured based on their adoption-date fair value. As a result, the Company reclassified $4,803 from stock option liability to additional paid-in capital on adoption of ASU 2018-07. The following is a summary of the Company’s stock option liability at April 30, 2020 and October 31, 2019: Stock option liability at October 31, 2019: $ 4,803 Reclassification to additional paid-in capital (4,803 ) Stock option liability at April 30, 2020 $ —

WARRANTS

WARRANTS	6 Months Ended
	Apr. 30, 2021
Warrants and Rights Note Disclosure [Abstract]
WARRANTS	NOTE 17 – A summary of warrant activity for the six months ended April 30, 2021 is as follows: Warrants Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value Outstanding and exercisable at October 31, 2020 1,811,789 $ 0.59 4.99 $ 18,118 Issued in the second and final tranche of the Silver Bull Private Placement (Note 16) 159,500 $ 0.59 Outstanding and exercisable at April 30, 2021 1,971,289 $ 0.59 4.50 $ 394,258 During the six months ended April 30, 2021, the Company issued 159,500 warrants with an exercise price of $0.59 in connection with the Silver Bull Private Placement. No warrants were exercised during the six months ended April 30, 2021. No warrants were issued or exercised during the six months ended April 30, 2020. Summarized information about warrants outstanding and exercisable at April 30, 2021 is as follows: Warrants Outstanding and Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price $ 0.59 1,971,289 4.50 $ 0.59

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	6 Months Ended
	Apr. 30, 2021
Fair Value Disclosures [Abstract]
FINANCIAL INSTRUMENTS	NOTE 18 – 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, loan receivable and loan payable. The carrying amounts of cash and cash equivalents, loan receivable, accounts payable and loan payable approximate fair value at April 30, 2021 and October 31, 2020 due to the short maturities of these financial instruments. 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 acceptable levels of creditworthiness. The Company maintains its U.S. dollar and Canadian dollar cash and cash equivalents in bank and demand deposit accounts with major financial institutions with high credit standings. Cash deposits held in Canada are insured by the Canada Deposit Insurance Corporation (“CDIC”) for up to $CDN 100,000. Certain Canadian bank accounts held by the Company exceed these federally insured limits or are uninsured as they relate to U.S. dollar deposits held in Canadian financial institutions. As of April 30, 2021, and October 31, 2020, the Company’s cash and cash equivalent balances held in Canadian financial institutions included $1,659,094 and $1,793,270, respectively, which was not insured by the 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 to 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 April 30, 2021, and October 31, 2020, the U.S. dollar equivalent balance for these accounts was $18,884 and $8,739, respectively. Interest Rate Risk The Company holds substantially all of its 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 six months ended April 30, 2021, a 1% decrease in interest rates would have resulted in a reduction of approximately $80 in interest income for the period. Foreign Currency Exchange Risk The Company is not subject to any significant market risk related to foreign currency exchange rate fluctuations.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Apr. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 19 – 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 in 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, 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. On July 31, 2019, the Federal Appeals Court upheld the original ruling. This ruling was subsequently challenged by Mineros Norteños and on January 24, 2020, the Federal Circuit Court ruled that the Federal Appeals Court must consider additional factors in its ruling. In March 2020, the Federal Appeals Court upheld the original ruling after considering these additional factors. 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. COVID-19 Global outbreaks of contagious diseases, including the December 2019 outbreak of a novel strain of coronavirus (COVID-19), have the potential to significantly and adversely impact our operations and business. On March 11, 2020, the World Health Organization recognized COVID-19 as a global pandemic. Pandemics or disease outbreaks such as the currently ongoing COVID-19 outbreak may have a variety of adverse effects on our business, including by depressing commodity prices and the market value of our securities and limiting the ability of our management to meet with potential financing sources. The spread of COVID-19 has had, and continues to have, a negative impact on the financial markets, which may impact our ability to obtain additional financing in the near term. A prolonged downturn in the financial markets could have an adverse effect on our business, results of operations and ability to raise capital.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Apr. 30, 2021
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 20 – 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 For the Three Months Ended For the Six Months Ended April 30, April 30, 2021 2020 2021 2020 Mexico (45,000 ) $ (117,000 ) $ (103,000 ) $ (314,000 ) Kazakhstan (94,000 ) — (380,000 ) — Canada (684,000 ) (361,000 ) (1,198,000 ) (732,000 ) Net Loss (823,000 ) $ (478,000 ) $ (1,681,000 ) $ (1,046,000 ) The following table details the allocation of assets included in the accompanying balance sheet at April 30, 2021: Canada Mexico Total Cash and cash equivalents $ 1,740,000 $ 19,000 $ 1,759,000 Value-added tax receivable, net — 242,000 242,000 Income receivables — 1,000 1,000 Other receivables 12,000 4,000 16,000 Prepaid expenses and deposits 64,000 100,000 164,000 Loan receivable 1,435,000 — 1,435,000 Office and mining equipment, net 50,000 177,000 227,000 Property concessions — 5,020,000 5,020,000 Goodwill — 2,058,000 2,058,000 $ 3,301,000 $ 7,621,000 $ 10,922,000 The following table details the allocation of assets included in the accompanying balance sheet at October 31, 2020: Canada Mexico Total Cash and cash equivalents $ 1,853,000 $ 9,000 $ 1,862,000 Value-added tax receivable, net — 220,000 220,000 Other receivables 10,000 4,000 14,000 Prepaid expenses and deposits 130,000 100,000 230,000 Loan receivable 360,000 — 360,000 Office and mining equipment, net 48,000 192,000 240,000 Property concessions — 5,020,000 5,020,000 Goodwill — 2,058,000 2,058,000 $ 2,401,000 $ 7,603,000 $ 10,004,000 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 Three Months Ended For the Six Months Ended April 30, April 30, 2021 2020 2021 2020 Exploration and property holding costs for the period Mexico (45,000 ) $ (94,000 ) $ (103,000 ) $ (278,000 ) Kazakhstan (94,000 ) — (380,000 ) — Other — — — (28,000 ) (139,000 ) $ (94,000 ) $ (483,000 ) $ (306,000 )

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Apr. 30, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 21 – SUBSEQUENT EVENTS On May 15, 2021, Arras loaned an additional $265,000 to Ekidos LLP relating to the exploration activities in Kazakhstan. This loan is interest free and is to be repaid by June 30, 2021.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Apr. 30, 2021
Accounting Policies [Abstract]
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation The interim condensed consolidated financial statements include the accounts of the Company and its interim condensed consolidated subsidiaries. The portion of the consolidated subsidiary not owned by the Company is presented as non-controlling interest in the Company’s interim condensed consolidated balance sheets, statements of operations, and statements of stockholders’ equity. Further, a portion of the earnings and losses of the subsidiary are allocated to non-controlling interest holders based on their respective ownership percentages. Equity is reallocated between controlling and noncontrolling interests in Arras upon a change in ownership. All subsidiaries are entities that we control, either directly or indirectly. Control is defined as the exposure, or rights, to variable returns from involvement with an investee and the ability to affect those returns through power over the investee. Power over an investee exists when the Company’s existing rights give it the ability to direct the activities that significantly affect the investee’s returns. This control is generally evidenced through owning more than 50% of the voting rights or currently exercisable potential voting rights of a company’s share capital. All of the Company’s intra-group balances and transactions, including unrealized profits and losses arising from intra-group transactions, have been eliminated in full. For subsidiaries that we control but do not own 100% of, the net assets and net loss attributable to outside shareholders are presented as amounts attributable to non-controlling interests in the interim condensed consolidated balance sheet and consolidated statements of operations of loss.
Recent Accounting Pronouncements Adopted in the Six-Month Period Ended April 30, 2021	Recent Accounting Pronouncements Adopted in the Six-Month Period Ended April 30, 2021 On November 1, 2020, the Company adopted the Financial Accounting Standards Board’s (the “FASB’s”) Accounting Standards Updated (“ASU”) 2019-12, “Income Taxes - Simplifying the Accounting for Income Taxes (Topic 740)” which is intended to simplify various aspects related to accounting for income taxes. ASU 2019-12 removes certain exceptions to the general principles in Topic 740 and clarifies and amends existing guidance to improve consistent application. ASU 2019-12 will be effective for interim and annual periods beginning after December 15, 2020. Early adoption is permitted. The adoption of this update did not have a material impact on the Company’s financial position, results of operations or cash flows and disclosures.
Recent Accounting Pronouncements Not Yet Adopted	Recent Accounting Pronouncements Not Yet Adopted In January 2020, the FASB issued ASU No. 2020-01, “Investments – Equity Securities (Topic 321), Investments – Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) – Clarifying the Interactions between Topic 321, Topic 323, and Topic 815.” This ASU is effective for fiscal years beginning after December 15, 2020. The adoption of this update is not expected to have a material impact on 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.

SOUTH32 OPTION AGREEMENT (Table

SOUTH32 OPTION AGREEMENT (Tables)	6 Months Ended
	Apr. 30, 2021
Other Commitments [Abstract]
Schedule of Consolidated Assets and Liabilities of Subsidiaries	The combined approximate carrying amount of the assets and liabilities of Contratistas and Minera Metalin (consolidated with their wholly-owned subsidiary) are as follows at April 30, 2021: Assets: Mexico Cash and cash equivalents $ 19,000 Value-added tax receivable, net 242,000 Other receivables 4,000 Income tax receivable 1,000 Prepaid expenses and deposits 100,000 Office and mining equipment, net 177,000 Property concessions 5,020,000 Total assets $ 5,563,000 Liabilities: Accounts payable $ 54,000 Accrued liabilities and expenses 129,000 Payable to Silver Bull Resources, Inc. to be converted to equity upon exercise of the South32 Option 3,509,000 Total liabilities $ 3,692,000 Net advances and investment in the Company’s Mexican subsidiaries $ 1,871,000

BESKAUGA OPTION AGREEMENT (Tabl

BESKAUGA OPTION AGREEMENT (Tables)	6 Months Ended
	Apr. 30, 2021
Business Combinations [Abstract]
Schedule of Exploration Expenditures	As per the Beskauga Option Agreement, to maintain the effectiveness of the Beskauga Option, the Company must incur the following exploration expenditures: Date Amount (USD $) By January 26, 2022 $2 million By January 26, 2023 $3 million By January 26, 2024 $5 million By January 26, 2025 $5 million
Schedule of Bonus Payment	In addition, the Beskauga Option Agreement provides that subject to the terms and conditions set forth in the Beskauga Option Agreement, the Company or its affiliate may be obligated to make the following bonus payments (collectively, the “Bonus Payments”) to Copperbelt Parent if the Beskauga Main Project or the Beskauga South Project is the subject of a bankable feasibility study in compliance with Canadian National Instrument 43-101 indicating gold equivalent resources in the amounts set forth below, with (i) (A) 20% of the Bonus Payments payable after completion of the bankable feasibility study or after the mineral resource statement is finally determined and (B) the remaining 80% of the Bonus Payments due within 15 business days of commencement of on-site construction of a mine for the Beskauga Main Project or the Beskauga South Project, as applicable, and (ii) up to 50% of the Bonus Payments payable in shares of the Company’s common stock to be valued at the 20-day volume-weighted average trading price of the shares on the Toronto Stock Exchange calculated as of the date immediately preceding the date such shares are issued: Gold equivalent resources Cumulative Bonus Payments Beskauga Main Project 3,000,000 ounces $ 2,000,000 5,000,000 ounces $ 6,000,000 7,000,000 ounces $ 12,000,000 10,000,000 ounces $ 20,000,000 Beskauga South Project 2,000,000 ounces $ 2,000,000 3,000,000 ounces $ 5,000,000 4,000,000 ounces $ 8,000,000 5,000,000 ounces $ 12,000,000

VALUE-ADDED TAX RECEIVABLE (Tab

VALUE-ADDED TAX RECEIVABLE (Tables)	6 Months Ended
	Apr. 30, 2021
VALUE-ADDED TAX RECEIVABLE [Abstract]
Summary of the Changes in the Allowance for Uncollectible Taxes	A summary of the changes in the allowance for uncollectible VAT for the six months ended April 30, 2021 is as follows: Allowance for uncollectible VAT – October 31, 2020 $ 345,059 Provision for VAT receivable allowance 11,274 Foreign currency translation adjustment 10,804 Allowance for uncollectible VAT – April 30, 2021 $ 367,137

OFFICE AND MINING EQUIPMENT (Ta

OFFICE AND MINING EQUIPMENT (Tables)	6 Months Ended
	Apr. 30, 2021
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 April 30, 2021 and October 31, 2020, respectively: April 30, October 31, 2021 2020 Mining equipment $ 454,381 $ 444,202 Vehicles 92,873 92,873 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 47,597 894,448 884,269 Less: Accumulated depreciation (666,984 ) (644,500 ) Office and mining equipment, net $ 227,464 $ 239,769

PROPERTY CONCESSIONS (Tables)

PROPERTY CONCESSIONS (Tables)	6 Months Ended
	Apr. 30, 2021
PROPERTY CONCESSIONS [Abstract]
Summary of Property Concessions	The following is a summary of the Company’s property concessions for the Sierra Mojada Property as at April 30, 2021 and October 31, 2020: Property concessions – April 30, 2021 and October 31, 2020 $ 5,019,927

GOODWILL (Tables)

GOODWILL (Tables)	6 Months Ended
	Apr. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of the Goodwill Balance	The following is a summary of the Company’s goodwill balance as at April 30, 2021 and October 31, 2020: Goodwill – April 30, 2021 and October 31, 2020 $ 2,058,031

ACCRUED LIABILITIES AND EXPEN_2

ACCRUED LIABILITIES AND EXPENSES (Tables)	6 Months Ended
	Apr. 30, 2021
Payables and Accruals [Abstract]
Schedule of Shares Issue Amounts by Dates	The Company has agreed to issue to a finder such number of the shares of common stock equal to following amounts by the dates included below: Date Amount ($CDN) Upon completion of the Company’s due diligence and satisfaction of certain conditions $ 200,000 Within the first anniversary of first issue the Company’s common stock $ 100,000 Within the second anniversary of first issue the Company’s common stock $ 100,000

LOAN PAYABLE (Tables)

LOAN PAYABLE (Tables)	6 Months Ended
	Apr. 30, 2021
Recovery Of Provision For Uncollectible Value Added Taxes
Schedule of Loan Payable	Loan payable – October 31, 2020 $ 30,034 Loan payable received – January 2021 15,615 Foreign currency translation adjustment 3,191 Loan payable – April 30, 2021 $ 48,840

NON-CONTROLLING INTERESTS (Tabl

NON-CONTROLLING INTERESTS (Tables)	6 Months Ended
	Apr. 30, 2021
Noncontrolling Interest [Abstract]
Schedule of Carrying Value of Non-Controlling Interest	The carrying value of the non-controlling interest at April 30, 2021 was as follows: Non-controlling interests – October 31, 2020 $ — Changes in interests in subsidiary – April 1, 2021 1,982,706 Loss for the period (47,276 ) Non-controlling interests – April 30, 2021 $ 1,935,430

STOCK OPTIONS (Tables)

STOCK OPTIONS (Tables)	6 Months Ended
	Apr. 30, 2021
Share-based Payment Arrangement [Abstract]
Schedule of Stock Option Activity	The following is a summary of stock option activity for the six months ended April 30, 2021: Options Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value Outstanding at October 31, 2020 2,043,750 $ 0.72 1.83 $ 53,546 Exercised (228,986 ) 0.47 Cancelled (280,389 ) 0.47 Outstanding at April 30, 2021 1,534,375 $ 0.87 1.83 $ — Exercisable at April 30, 2021 1,534,375 $ 0.87 1.83 $ —
Schedule of Stock Options Outstanding and Exercisable by Exercise Price Range	Summarized information about stock options outstanding and exercisable at April 30, 2021 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 $ 0.81 509,375 0.93 0.81 509,375 0.81 0.85 943,750 2.39 0.85 943,750 0.85 1.40 43,750 1.81 1.40 43,750 1.40 1.66 37,500 0.26 1.66 37,500 1.66 $ 0.81 – 1.66 1,534,375 1.83 $ 0.87 1,534,375 $ 0.87
Summary of Stock Option Liability	The following is a summary of the Company’s stock option liability at April 30, 2020 and October 31, 2019: Stock option liability at October 31, 2019: $ 4,803 Reclassification to additional paid-in capital (4,803 ) Stock option liability at April 30, 2020 $ —

WARRANTS (Tables)

WARRANTS (Tables)	6 Months Ended
	Apr. 30, 2021
Warrants and Rights Note Disclosure [Abstract]
Summary of Warrants Activity	A summary of warrant activity for the six months ended April 30, 2021 is as follows: Warrants Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value Outstanding and exercisable at October 31, 2020 1,811,789 $ 0.59 4.99 $ 18,118 Issued in the second and final tranche of the Silver Bull Private Placement (Note 16) 159,500 $ 0.59 Outstanding and exercisable at April 30, 2021 1,971,289 $ 0.59 4.50 $ 394,258
Summary of Warrants Outstanding and Exercisable by Price Range	Summarized information about warrants outstanding and exercisable at April 30, 2021 is as follows: Warrants Outstanding and Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price $ 0.59 1,971,289 4.50 $ 0.59

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Apr. 30, 2021
Segment Reporting [Abstract]
Schedule of Net Income (Loss) by Segment	Geographic information is approximately For the Three Months Ended For the Six Months Ended April 30, April 30, 2021 2020 2021 2020 Mexico (45,000 ) $ (117,000 ) $ (103,000 ) $ (314,000 ) Kazakhstan (94,000 ) — (380,000 ) — Canada (684,000 ) (361,000 ) (1,198,000 ) (732,000 ) Net Loss (823,000 ) $ (478,000 ) $ (1,681,000 ) $ (1,046,000 )
Schedule of the Allocation of Assets by Segment	The following table details the allocation of assets included in the accompanying balance sheet at April 30, 2021: Canada Mexico Total Cash and cash equivalents $ 1,740,000 $ 19,000 $ 1,759,000 Value-added tax receivable, net — 242,000 242,000 Income receivables — 1,000 1,000 Other receivables 12,000 4,000 16,000 Prepaid expenses and deposits 64,000 100,000 164,000 Loan receivable 1,435,000 — 1,435,000 Office and mining equipment, net 50,000 177,000 227,000 Property concessions — 5,020,000 5,020,000 Goodwill — 2,058,000 2,058,000 $ 3,301,000 $ 7,621,000 $ 10,922,000 The following table details the allocation of assets included in the accompanying balance sheet at October 31, 2020: Canada Mexico Total Cash and cash equivalents $ 1,853,000 $ 9,000 $ 1,862,000 Value-added tax receivable, net — 220,000 220,000 Other receivables 10,000 4,000 14,000 Prepaid expenses and deposits 130,000 100,000 230,000 Loan receivable 360,000 — 360,000 Office and mining equipment, net 48,000 192,000 240,000 Property concessions — 5,020,000 5,020,000 Goodwill — 2,058,000 2,058,000 $ 2,401,000 $ 7,603,000 $ 10,004,000
Schedule of Allocation of Exploration and Property Holding Costs for Exploration Properties	The following table details the allocation of exploration and property holding costs for the exploration properties: For the Three Months Ended For the Six Months Ended April 30, April 30, 2021 2020 2021 2020 Exploration and property holding costs for the period Mexico (45,000 ) $ (94,000 ) $ (103,000 ) $ (278,000 ) Kazakhstan (94,000 ) — (380,000 ) — Other — — — (28,000 ) (139,000 ) $ (94,000 ) $ (483,000 ) $ (306,000 )

ORGANIZATION, DESCRIPTION OF _2

ORGANIZATION, DESCRIPTION OF BUSINESS AND GOING CONCERN (Narrative) (Details) - USD ($)	Sep. 01, 2020	Apr. 30, 2021	Oct. 31, 2020	Aug. 12, 2020	Apr. 30, 2020	Oct. 31, 2019
Accumulated deficit		$ 133,700,446	$ 132,019,148
Cash and cash equivalents		$ 1,759,378	$ 1,861,518		$ 1,334,444	$ 1,431,634
Stepnoe and Ekidos JV Agreement [Member]
Ownership percentage interest	80.00%
Stepnoe and Ekidos JV Agreement [Member] | Copperbelt [Member]
Ownership percentage interest	20.00%
Stepnoe and Ekidos Properties [Member]
Exploration licenses grant date	Oct. 22, 2020
Akkuduk Properties [Member]
Exploration licenses grant date	Feb. 2, 2021
Beskauga Property [Member]
Ownership interest acquired				100.00%
Copperbelt [Member]
Cash consideration for acquisition	$ 1,500,000

SOUTH32 OPTION AGREEMENT (Narra

SOUTH32 OPTION AGREEMENT (Narrative) (Details) - USD ($)	Jun. 01, 2018	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2019	Oct. 31, 2020	Oct. 31, 2019
Property concessions funding		$ 82,670	$ 1,042,538
South32 Limited [Member]
Option period	4 years
Percentage of owned	100.00%
Property concessions funding		1,502,831
Payment received		4,646,994		$ 6,000,000
Cash to be contributed to the capital of the Mexican subsidiaries as required for exploration		6,000
Mexican subsidiaries maximum loss exposure		5,380,000
South32 Limited [Member] | 1 year [Member]
Contribution of minimum exploration fund	$ 3,000,000
Property concessions funding	3,144,163
South32 Limited [Member] | 2 year [Member]
Contribution of minimum exploration fund	6,000,000
Property concessions funding					$ 1,100,731	$ 319,430
Payment received		$ 82,670
South32 Limited [Member] | 3 year [Member]
Contribution of minimum exploration fund	8,000,000
South32 Limited [Member] | 4 year [Member]
Contribution of minimum exploration fund	10,000,000
Minera Metalin [Member]
Contribution to acquired shares	$ 100,000,000
Percentage of owned	70.00%

SOUTH32 OPTION AGREEMENT (Sched

SOUTH32 OPTION AGREEMENT (Schedule of Consolidated Assets and Liabilities of Subsidiaries) (Details) - USD ($)	Apr. 30, 2021	Jan. 31, 2021	Oct. 31, 2020	Apr. 30, 2020	Jan. 31, 2020	Oct. 31, 2019
Assets:
Cash and cash equivalents	$ 1,759,378		$ 1,861,518	$ 1,334,444		$ 1,431,634
Value-added tax receivable, net	242,026		219,804
Other receivables	15,734		14,387
Income tax receivable	614		580
Prepaid expenses and deposits	163,562		229,647
Office and mining equipment, net	227,464		239,769
Property concessions	5,019,927		5,019,927
TOTAL ASSETS	10,921,786		10,003,713
Liabilities:
Accounts payable	528,990		499,057
Accrued liabilities and expenses	469,223		383,718
TOTAL LIABILITIES	1,050,053		917,809
Net advances and investment in the Company's Mexican subsidiaries	(7,936,303)	$ (8,442,946)	$ (9,085,904)	$ (8,603,272)	$ (8,915,132)	$ (8,564,875)
Minera Metalin and Contratistas [Member]
Assets:
Cash and cash equivalents	19,000
Value-added tax receivable, net	242,000
Other receivables	4,000
Income tax receivable	1,000
Prepaid expenses and deposits	100,000
Office and mining equipment, net	177,000
Property concessions	5,020,000
TOTAL ASSETS	5,563,000
Liabilities:
Accounts payable	54,000
Accrued liabilities and expenses	129,000
Payable to Silver Bull Resources, Inc. to be converted to equity upon exercise of the South32 Option	3,509,000
TOTAL LIABILITIES	3,692,000
Net advances and investment in the Company's Mexican subsidiaries	$ 1,871,000

BESKAUGA OPTION AGREEMENT (Narr

BESKAUGA OPTION AGREEMENT (Narrative) (Details) - USD ($)	Aug. 12, 2020	May 31, 2021	Jan. 26, 2021	Apr. 30, 2021
Beskauga Property [Member]
Business Acquisition [Line Items]
Ownership interest acquired	100.00%
Cumulative exploration expenditures	$ 15,000,000
Beskauga Option Agreement [Member]
Business Acquisition [Line Items]
Payment to Beskauga	$ 30,000
Description of percentage of bonus payments	20% of the Bonus Payments payable after completion of the bankable feasibility study or after the mineral resource statement is finally determined and (B) the remaining 80% of the Bonus Payments due within 15 business days of commencement of on-site construction of a mine for the Beskauga Main Project or the Beskauga South Project, as applicable, and (ii) up to 50% of the Bonus Payments payable in shares of the Company’s common stock to be valued at the 20-day volume-weighted average trading price of the shares on the Toronto Stock Exchange calculated as of the date immediately preceding the date such shares are issued
Beskauga Option Agreement [Member] | Ekidos LLP [Member]
Business Acquisition [Line Items]
Expenditure under loan agreement		$ 230,000		$ 850,700
Copperbelt Parent [Member]
Business Acquisition [Line Items]
Payment to Beskauga			$ 40,000
Beskauga Main Project [Member]
Business Acquisition [Line Items]
Cumulative exploration expenditures	$ 13,500,000
Beskauga South Project [Member]
Business Acquisition [Line Items]
Cumulative exploration expenditures	$ 15,000,000

BESKAUGA OPTION AGREEMENT (Sche

BESKAUGA OPTION AGREEMENT (Schedule of Exploration Expenditures) (Detail) - Beskauga Option Agreement [Member] $ in Millions	Aug. 12, 2020USD ($)
By January 26, 2022 [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Exploration expenditures	$ 2
By January 26, 2023 [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Exploration expenditures	3
By January 26, 2024 [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Exploration expenditures	5
By January 26, 2025 [Member]
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]
Exploration expenditures	$ 5

BESKAUGA OPTION AGREEMENT (Sc_2

BESKAUGA OPTION AGREEMENT (Schedule of Bonus Payment) (Details)	Aug. 12, 2020USD ($)
Gold equivalent resources Beskauga Main Project 3,000,000 ounces [Member]
Subsequent Event [Line Items]
Cumulative Bonus Payments	$ 2,000,000
Gold equivalent resources Beskauga Main Project 5,000,000 ounces [Member]
Subsequent Event [Line Items]
Cumulative Bonus Payments	6,000,000
Gold equivalent resources Beskauga Main Project 7,000,000 ounces [Member]
Subsequent Event [Line Items]
Cumulative Bonus Payments	12,000,000
Gold equivalent resources Beskauga Main Project 10,000,000 ounces [Member]
Subsequent Event [Line Items]
Cumulative Bonus Payments	20,000,000
Gold equivalent resources Beskauga South Project 2,000,000 ounces [Member]
Subsequent Event [Line Items]
Cumulative Bonus Payments	2,000,000
Gold equivalent resources Beskauga South Project 3,000,000 ounces [Member]
Subsequent Event [Line Items]
Cumulative Bonus Payments	5,000,000
Gold equivalent resources Beskauga South Project 4,000,000 ounces [Member]
Subsequent Event [Line Items]
Cumulative Bonus Payments	8,000,000
Gold equivalent resources Beskauga South Project 5,000,000 ounces [Member]
Subsequent Event [Line Items]
Cumulative Bonus Payments	$ 12,000,000

NET LOSS PER SHARE (Details)

NET LOSS PER SHARE (Details) - shares	6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
Earnings Per Share [Abstract]
Anti-dilutive shares, stock options and warrants	3,505,664	4,019,038

VALUE-ADDED TAX RECEIVABLE (Nar

VALUE-ADDED TAX RECEIVABLE (Narrative) (Details) - USD ($)	Apr. 30, 2021	Oct. 31, 2020
VALUE-ADDED TAX RECEIVABLE [Abstract]
Value-added tax receivable, current	$ 242,026	$ 219,804

VALUE-ADDED TAX RECEIVABLE (Sum

VALUE-ADDED TAX RECEIVABLE (Summary of the Changes in the Allowance for Uncollectible Taxes) (Details)	6 Months Ended
	Apr. 30, 2021USD ($)
VALUE-ADDED TAX RECEIVABLE [Abstract]
Allowance for uncollectible VAT - October 31, 2020	$ 345,059
Provision for VAT receivable allowance	11,274
Foreign currency translation adjustment	10,804
Allowance for uncollectible VAT - April 30, 2021	$ 367,137

LOAN RECEIVABLE (Details)

LOAN RECEIVABLE (Details) - USD ($)	Apr. 30, 2021	Apr. 22, 2021	Mar. 19, 2021	Oct. 31, 2020
Loans and Leases Receivable Disclosure [Line Items]
Loans receivable	$ 1,435,000			$ 360,000
Ekidos LLP [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans receivable	1,435,050	$ 450,000	$ 625,000	$ 360,050
Arras [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans receivable	$ 985,050

OFFICE AND MINING EQUIPMENT (De

OFFICE AND MINING EQUIPMENT (Details) - USD ($)	Apr. 30, 2021	Oct. 31, 2020
Property, Plant and Equipment [Line Items]
Office and mining equipment, gross	$ 894,448	$ 884,269
Less: Accumulated depreciation	(666,984)	(644,500)
Office and mining equipment, net	227,464	239,769
Mining equipment [Member]
Property, Plant and Equipment [Line Items]
Office and mining equipment, gross	454,381	444,202
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Office and mining equipment, gross	92,873	92,873
Buildings 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 ($)	Apr. 30, 2021	Oct. 31, 2020
PROPERTY CONCESSIONS [Abstract]
Property concessions - April 30, 2021 and October 31, 2020	$ 5,019,927	$ 5,019,927

GOODWILL (Summary of the Goodwi

GOODWILL (Summary of the Goodwill Balance) (Details) - USD ($)	Apr. 30, 2021	Oct. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill - April 30, 2021 and October 31, 2020	$ 2,058,031	$ 2,058,031

ACCRUED LIABILITIES AND EXPEN_3

ACCRUED LIABILITIES AND EXPENSES (Narrative) (Details)	Apr. 30, 2021USD ($)	Jan. 26, 2021USD ($)	Jan. 26, 2021CAD ($)	Oct. 31, 2020USD ($)	Aug. 12, 2020
Liabilities	$ 1,050,053			$ 917,809
Beskauga Property [Member]
Ownership interest acquired					100.00%
Beskauga Option Agreement [Member]
Liabilities		$ 154,000
Beskauga Option Agreement [Member] | CDN [Member]
Liabilities			$ 200,000

ACCRUED LIABILITIES AND EXPEN_4

ACCRUED LIABILITIES AND EXPENSES (Schedule of Shares Issue Amounts by Dates) (Details)	Aug. 12, 2020CAD ($)
Upon Completion of Company's Due Diligence and Satisfaction of Certain Conditions [Member]
Shares issue amount	$ 200,000
Within First Anniversary of First Issue Company's Common Stock [Member]
Shares issue amount	100,000
Within Second Anniversary of First Issue Company's Common Stock [Member]
Shares issue amount	$ 100,000

LOAN PAYABLE (Narrative) (Detai

LOAN PAYABLE (Narrative) (Details) - Canada Emergency Business Account Loan [Member]	1 Months Ended
	Jan. 31, 2021CAD ($)	Jun. 30, 2020CAD ($)	Apr. 30, 2021USD ($)	Apr. 30, 2021CAD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2020CAD ($)
Debt Instrument [Line Items]
Loan received			$ 15,615		$ 29,531
Maturity date	Dec. 31, 2022	Dec. 31, 2022
Extended term	Any portion of the loan is repayable without penalty at any time prior to December 31, 2025.	January 1, 2023 to December 31, 2025
Interest rate	5.00%	5.00%
CDN [Member]
Debt Instrument [Line Items]
Loan received				$ 20,000		$ 40,000
Repayment under initial term	$ 60,000	$ 30,000
Principal amount forgiven	$ 20,000	$ 10,000

LOAN PAYABLE (Schedule of Loan

LOAN PAYABLE (Schedule of Loan Payable) (Details) - USD ($)	6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020
Recovery Of Provision For Uncollectible Value Added Taxes
Loan payable - October 31, 2020	$ 30,034
Loan payable received - January 2021	15,615
Foreign currency translation adjustment	3,191
Loan payable - April 30, 2021	$ 48,840

NON-CONTROLLING INTERESTS (Narr

NON-CONTROLLING INTERESTS (Narrative) (Details)	Apr. 01, 2021USD ($)shares	Apr. 01, 2021CAD ($)$ / sharesshares	Apr. 30, 2021USD ($)	Oct. 31, 2020USD ($)	Apr. 30, 2020USD ($)	Oct. 31, 2019USD ($)
Noncontrolling Interest [Line Items]
Cash and cash equivalents (Note 14)			$ 1,759,378	$ 1,861,518	$ 1,334,444	$ 1,431,634
Arras [Member]
Noncontrolling Interest [Line Items]
Cash and cash equivalents (Note 14)			1,562,570
Mexican Subsidiaries [Member]
Noncontrolling Interest [Line Items]
Cash and cash equivalents (Note 14)			$ 196,808
Parent [Member]
Noncontrolling Interest [Line Items]
Percentage noncontrolling interest		88.00%
Arras Private Placement [Member]
Noncontrolling Interest [Line Items]
Shares issued | shares	5,035,000	5,035,000
Per share price | $ / shares		$ 0.50
Proceeds from private placement		$ 2,517,500
Offering costs	$ 18,646
Gain on dilution due to change interest in subsidiary	$ 1,982,706

NON-CONTROLLING INTERESTS (Sche

NON-CONTROLLING INTERESTS (Schedule of Carrying Value of Non-Controlling Interest) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Noncontrolling Interest [Abstract]
Non-controlling interests - October 31, 2020
Changes in interests in subsidiary - April 1, 2021	$ 1,982,706		1,982,706
Loss for the period	(47,276)		(47,276)
Non-controlling interests - April 30, 2021	$ 1,935,430		$ 1,935,430

COMMON STOCK (Details)

COMMON STOCK (Details) - USD ($)	Feb. 02, 2021	Nov. 09, 2020	Apr. 30, 2021	Apr. 30, 2020	Apr. 20, 2021	Oct. 31, 2020
Class of Stock [Line Items]
Proceeds from issuance of common stock			$ 2,001,244
Options outstanding during the period	509,375		1,534,375			2,043,750
Options exercised during the period	228,986		228,986
Options cancelled during the period	280,389
Common stock, shares authorize			150,000,000		150,000,000	37,500,000
Two-tranche private placement [Member]
Class of Stock [Line Items]
Stock issued during period, shares		319,000
Equity issuance, price per share		$ 0.47
Proceeds from issuance of common stock		$ 149,930
Offering costs		$ 6,780
Conversion basis description		Each Unit consists of one share of the Company’s common stock and one half of one transferable common stock purchase warrant (each whole warrant, a “Warrant”).
Stock price per share		$ 0.59

STOCK OPTIONS (Narrative) (Deta

STOCK OPTIONS (Narrative) (Details)	Feb. 02, 2021$ / sharesshares	Feb. 02, 2021$ / sharesshares	Apr. 30, 2021USD ($)shares	Apr. 30, 2021USD ($)$ / sharesshares	Apr. 30, 2021USD ($)$ / sharesshares	Apr. 30, 2020USD ($)	Oct. 31, 2020$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding during the period | shares	509,375	509,375	1,534,375	1,534,375	1,534,375		2,043,750
Options exercised during the period | shares	228,986	228,986		228,986
Stock-based compensation costs recognized during the period			$ 305,877	$ 305,877		$ 37,450
Total unrecognized compensation costs related to non-vested share based compensation arrangements granted under qualified stock option plans
Exercise price of options granted | $ / shares		$ 0.60
Intrinsic value | $ / shares	$ 194,630						$ 53,546
Directors fees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation costs recognized during the period				$ 127,066
Arras [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercised during the period | shares				4,160,000
Stock-based compensation costs recognized during the period				$ 305,876
Exercise price of options granted | $ / shares					$ 0.50
Weighted-average grant date fair value of options granted during period | $ / shares				$ 0.22
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for plan				2 years
Contractual term for options				5 years
Stock-based compensation costs recognized during the period				$ 130,803
Exploration and Property Holding Costs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation costs recognized during the period				$ 48,007
2019 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
The number of shares authorized under the plan | shares			150,000,000	150,000,000	150,000,000
Shares outstanding reserved for issuance upon the exercise of options or the grant of stock bonuses percentage			10.00%	10.00%	10.00%

STOCK OPTIONS (Summary of Stock

STOCK OPTIONS (Summary of Stock Option Activity) (Details) - $ / shares	Feb. 02, 2021	Apr. 30, 2021	Oct. 31, 2020
Shares
Outstanding at October 31, 2020		2,043,750
Exercised	(228,986)	(228,986)
Cancelled		(280,389)
Outstanding at April 30, 2021	509,375	1,534,375	2,043,750
Exercisable at April 30, 2021		1,534,375
Weighted Average Exercise Price
Outstanding at October 31, 2020		$ 0.72
Exercised		0.47
Cancelled		0.47
Outstanding at April 30, 2021		0.87	$ 0.72
Exercisable at April 30, 2021		$ 0.87
Weighted Average Remaining Contractual Life (Years), Outstanding		1 year 9 months 29 days	1 year 9 months 29 days
Weighted Average Remaining Contractual Life (Years), Exercisable at April 30, 2021		1 year 9 months 29 days
Aggregate intrinsic value, Outstanding	$ 194,630		$ 53,546

STOCK OPTIONS (Summarized Infor

STOCK OPTIONS (Summarized Information of Stock Options Outstanding and Exercisable) (Details)	6 Months Ended
	Apr. 30, 2021$ / sharesshares
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Price	$ 0.47
0.81 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Price	$ 0.81
Number of options outstanding | shares	509,375
Weighted Average Remaining Contractual Life (Years)	11 months 4 days
Weighted Average Exercise Price	$ 0.81
Number Exercisable | shares	509,375
Options Exercisable - Weighted Average Exercise Price	$ 0.81
0.85 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Price	$ 0.85
Number of options outstanding | shares	943,750
Weighted Average Remaining Contractual Life (Years)	2 years 4 months 20 days
Weighted Average Exercise Price	$ 0.85
Number Exercisable | shares	943,750
Options Exercisable - Weighted Average Exercise Price	$ 0.85
1.40 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Price	$ 1.4
Number of options outstanding | shares	43,750
Weighted Average Remaining Contractual Life (Years)	1 year 9 months 22 days
Weighted Average Exercise Price	$ 1.4
Number Exercisable | shares	43,750
Options Exercisable - Weighted Average Exercise Price	$ 1.4
1.66 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise Price	$ 1.66
Number of options outstanding | shares	37,500
Weighted Average Remaining Contractual Life (Years)	3 months 4 days
Weighted Average Exercise Price	$ 1.66
Number Exercisable | shares	37,500
Options Exercisable - Weighted Average Exercise Price	$ 1.66
0.81 - 1.66 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Minimum exercise price	0.81
Maximum exercise price	$ 1.66
Number of options outstanding | shares	1,534,375
Weighted Average Remaining Contractual Life (Years)	1 year 9 months 29 days
Weighted Average Exercise Price	$ 0.87
Number Exercisable | shares	1,534,375
Options Exercisable - Weighted Average Exercise Price	$ 0.87

STOCK OPTIONS (Summary of Sto_2

STOCK OPTIONS (Summary of Stock Option Liability) (Details)	6 Months Ended
	Apr. 30, 2021USD ($)
Share-based Payment Arrangement [Abstract]
Stock option liability at October 31, 2019	$ 4,803
Reclassification to additional paid-in capital	(4,803)
Stock option liability at April 30, 2020

WARRANTS (Narrative) (Details)

WARRANTS (Narrative) (Details) - Silver Bull Private Placement [Member]	6 Months Ended
	Apr. 30, 2021$ / sharesshares
Class of Warrant or Right [Line Items]
Number of warrants issued | shares	159,500
Exercise price of warrants | $ / shares	$ 0.59

WARRANTS (Summary of Warrant Ac

WARRANTS (Summary of Warrant Activity) (Details) - USD ($)	6 Months Ended	12 Months Ended
	Apr. 30, 2021	Oct. 31, 2020
Weighted Average Exercise Price
Expired	$ 0.47
Weighted Average Remaining Contractual Life (Years), Outstanding and Exercisable	1 year 9 months 29 days
Warrant [Member]
Shares
Outstanding and exercisable	1,971,289	1,811,789
Issued in the second and final tranche of the Silver Bull Private Placement (Note 16)	159,500
Weighted Average Exercise Price
Outstanding and exercisable	$ 0.59	$ 0.59
Issued in the second and final tranche of the Silver Bull Private Placement (Note 16), weighted average exercise price	$ 0.59
Weighted Average Remaining Contractual Life (Years), Outstanding and Exercisable	4 years 6 months	4 years 11 months 26 days
Aggregate Intrinsic Value	$ 394,258	$ 18,118

WARRANTS (Summary of Warrants O

WARRANTS (Summary of Warrants Outstanding and Exercisable by Price Range) (Details)	6 Months Ended
	Apr. 30, 2021$ / sharesshares
Warrants and Rights Note Disclosure [Abstract]
Exercise Price	$ 0.59
Warrants and Exercisable Outstanding | shares	1,971,289
Weighted Average Remaining Contractual Life (Years)	4 years 6 months
Weighted Average Exercise Price, Outstanding	$ 0.59

FINANCIAL INSTRUMENTS (Narrativ

FINANCIAL INSTRUMENTS (Narrative) (Details)	6 Months Ended
	Apr. 30, 2021USD ($)	Apr. 30, 2021CAD ($)	Oct. 31, 2020USD ($)
Value of total cash accounts held in Mexico and Gabon	$ 18,884		$ 8,739
Effect of a 1% decrease in interest rates on interest income	80
CDN [Member]
Cash balance insured by CDIC per financial institution		$ 100,000
Cash balances not insured	$ 1,659,094		$ 1,793,270

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Royalty) (Details) - Sierra Mojada Property Concession [Member]	Apr. 30, 2021USD ($)
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)	6 Months Ended
	Apr. 30, 2021
Litigation and Claims:
Interest rate sought on the Royalty	6.00%

SEGMENT INFORMATION (Schedule o

SEGMENT INFORMATION (Schedule of Segment Net Loss) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Segment Reporting Information [Line Items]
Net Loss	$ (822,904)	$ (477,951)	$ (1,681,298)	$ (1,046,394)
Mexico [Member]
Segment Reporting Information [Line Items]
Net Loss	(45,000)	(117,000)	(103,000)	(314,000)
Kazakhstan [Member]
Segment Reporting Information [Line Items]
Net Loss	(94,000)		(380,000)
Canada [Member]
Segment Reporting Information [Line Items]
Net Loss	$ (684,000)	$ (361,000)	$ (1,198,000)	$ (732,000)

SEGMENT INFORMATION (Schedule_2

SEGMENT INFORMATION (Schedule of Segment Assets) (Details) - USD ($)	Apr. 30, 2021	Oct. 31, 2020
Segment Reporting Information [Line Items]
Cash and cash equivalents	$ 1,759,000	$ 1,862,000
Value-added tax receivable, net	242,026	219,804
Income receivables	1,000
Other receivables	15,734	14,387
Prepaid expenses and deposits	163,562	229,647
Loan receivable	1,435,000	360,000
Office and mining equipment, net	227,464	239,769
Property concessions	5,019,927	5,019,927
Goodwill	2,058,031	2,058,031
TOTAL ASSETS	10,921,786	10,003,713
Canada [Member]
Segment Reporting Information [Line Items]
Cash and cash equivalents	1,740,000	1,853,000
Value-added tax receivable, net
Income receivables
Other receivables	12,000	10,000
Prepaid expenses and deposits	64,000	130,000
Loan receivable	1,435,000	360,000
Office and mining equipment, net	50,000	48,000
Property concessions
Goodwill
TOTAL ASSETS	3,301,000	2,401,000
Mexico [Member]
Segment Reporting Information [Line Items]
Cash and cash equivalents	19,000	9,000
Value-added tax receivable, net	242,000	220,000
Income receivables	1,000
Other receivables	4,000	4,000
Prepaid expenses and deposits	100,000	100,000
Loan receivable
Office and mining equipment, net	177,000	192,000
Property concessions	5,020,000	5,020,000
Goodwill	2,058,000	2,058,000
TOTAL ASSETS	$ 7,621,000	$ 7,603,000

SEGMENT INFORMATION (Schedule_3

SEGMENT INFORMATION (Schedule of Allocation of Exploration and Property Holding Costs for Exploration Properties) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Segment Reporting Information [Line Items]
Exploration and property holding costs for the period	$ (138,984)	$ (93,549)	$ (483,458)	$ (306,200)
Mexico [Member]
Segment Reporting Information [Line Items]
Exploration and property holding costs for the period	(45,000)	(94,000)	(103,000)	(278,000)
Kazakhstan [Member]
Segment Reporting Information [Line Items]
Exploration and property holding costs for the period	(94,000)		(380,000)
Other [Member]
Segment Reporting Information [Line Items]
Exploration and property holding costs for the period				$ (28,000)

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($)	May 15, 2021	Apr. 30, 2021	Apr. 22, 2021	Mar. 19, 2021	Oct. 31, 2020
Subsequent Event [Line Items]
Loans receivable		$ 1,435,000			$ 360,000
Ekidos LLP [Member]
Subsequent Event [Line Items]
Loans receivable		$ 1,435,050	$ 450,000	$ 625,000	$ 360,050
Subsequent Event [Member] | Ekidos LLP [Member]
Subsequent Event [Line Items]
Loans receivable	$ 265,000