Silver Bull Resources (SVBL) 10-K 26 Jan 23 2022 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Oct. 31, 2022	Jan. 26, 2023	Apr. 30, 2022
Document Information Line Items
Entity Registrant Name	SILVER BULL RESOURCES, INC.
Trading Symbol	svbl
Document Type	10-K
Current Fiscal Year End Date	--10-31
Entity Common Stock, Shares Outstanding		35,055,652
Entity Public Float			$ 6,700,000
Amendment Flag	false
Entity Central Index Key	0001031093
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Oct. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	false
Document Annual Report	true
Document Transition Report	false
Entity File Number	001-33125
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	91-1766677
Entity Address, Address Line One	777 Dunsmuir Street
Entity Address, Address Line Two	Suite 1605
Entity Address, City or Town	Vancouver
Entity Address, State or Province	BC
Entity Address, Postal Zip Code	V7Y 1G6
City Area Code	(604)
Local Phone Number	687-5800
Security Exchange Name	NONE
Title of 12(g) Security	Common Stock, $0.01 Par Value
Entity Interactive Data Current	Yes
Documents Incorporated by Reference [Text Block]	Portions of the registrant’s definitive proxy statement to be filed with the Securities and Exchange Commission pursuant to Regulation 14A in connection with the 2022 annual meeting of shareholders are incorporated by reference in Part III of this Annual Report on Form 10-K.
Auditor Firm ID	995
Auditor Name	Smythe LLP
Auditor Location	Vancouver, Canada

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Oct. 31, 2022	Oct. 31, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 886,728	$ 189,607
Value-added tax receivable, net of allowance for uncollectible taxes of $420,982 (Note 5)		120,810
Other receivables	2,834	7,307
Prepaid expenses and deposits	49,537	196,178
Due from related party (Note 4)	23,196
Investments (Note 6)		1,166,770
Total Current Assets	962,295	1,680,672
Value-added tax receivable, net of allowance for uncollectible taxes of $449,219 (Note 5)	127,036
Office and mining equipment, net (Note 7)	143,568	164,140
Property concessions (Note 8)	5,019,927	5,019,927
Goodwill (Note 9)		2,058,031
TOTAL ASSETS	6,252,826	8,922,770
CURRENT LIABILITIES
Accounts payable	159,585	465,865
Accrued liabilities and expenses	179,607	324,454
Income tax payable	3,000	1,000
Total Current Liabilities	342,192	791,319
Loan payable (Note 10)	43,959	48,450
TOTAL LIABILITIES	386,151	839,769
COMMITMENTS AND CONTINGENCIES (Note 16)
STOCKHOLDERS’ EQUITY (Notes 3, 11, 12 and 13)
Common stock, $0.01 par value; 150,000,000 shares authorized, 35,055,652 and 34,547,838 shares issued and outstanding, respectively	2,418,415	2,413,337
Additional paid-in capital	140,750,310	139,803,515
Accumulated deficit	(137,394,298)	(134,226,099)
Other comprehensive income	92,248	92,248
Total Stockholders’ Equity	5,866,675	8,083,001
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 6,252,826	$ 8,922,770

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($)	Oct. 31, 2022	Oct. 31, 2021
Statement of Financial Position [Abstract]
Net of allowance for uncollectible taxes, current (in Dollars)		$ 420,982
Net of allowance for uncollectible taxes, non-current (in Dollars)	$ 449,219
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	35,055,652	34,547,838
Common stock, shares outstanding	35,055,652	34,547,838

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Income Statement [Abstract]
REVENUES
EXPLORATION AND PROPERTY HOLDING COSTS
Exploration and property holding costs (Note 12)	313,410	928,832
Depreciation (Note 7)	20,572	49,192
Goodwill impairment (Note 9)	2,058,031
TOTAL EXPLORATION AND PROPERTY HOLDING COSTS	2,392,013	978,024
GENERAL AND ADMINISTRATIVE EXPENSES
Personnel (Note 12)	453,489	886,204
Office and administrative	235,231	380,661
Professional services	183,337	868,007
Directors’ fees (Note 12)	158,378	365,611
Provision for uncollectible value-added taxes (Note 5)	14,113	62,024
TOTAL GENERAL AND ADMINISTRATIVE EXPENSES	1,044,548	2,562,507
LOSS FROM OPERATIONS	(3,436,561)	(3,540,531)
OTHER INCOME
Interest income	5,715	92
Foreign currency transaction (loss) gain	(34,326)	6,384
Gain on investment (Note 6)	301,493	1,090,953
TOTAL OTHER INCOME	272,882	1,097,429
LOSS BEFORE INCOME TAXES	(3,163,679)	(2,443,102)
INCOME TAX EXPENSE (Note 14)	(4,520)	(4,550)
NET AND COMPREHENSIVE LOSS	(3,168,199)	(2,447,652)
NET AND COMPREHENSIVE LOSS ATTRIBUTABLE TO
Common shareholders	(3,168,199)	(2,249,514)
Non-controlling interests (Note 6)		$ (198,138)
BASIC NET LOSS PER COMMON SHARE (in Dollars per share)	$ (0.09)	$ (0.07)
BASIC WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (in Shares)	34,904,003	33,893,867

CONSOLIDATED STATEMENTS OF OP_2

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Parentheticals) - $ / shares	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Income Statement [Abstract]
DILUTED NET LOSS PER COMMON SHARE	$ (0.09)	$ (0.07)
DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	34,904,003	33,893,867

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS	12 Months Ended
	Oct. 31, 2022 USD ($)	Oct. 31, 2021 USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (3,168,199)	$ (2,447,652)
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation (Note 7)	20,572	49,192
Goodwill impairment (Note 9)	2,058,031
Provision for uncollectible value-added taxes (Note 5)	14,113	62,024
Foreign currency transaction loss	31,795	3,804
Stock options issued for compensation (Note 12)	305,779	587,505
Shares of common stock issued for services (Note 11)	128,094
Realized share of net gain of subsidiary (Note 6)	(301,493)
Unrealized share of net gain of subsidiary (Note 6)		(1,090,953)
Changes in operating assets and liabilities:
Value-added tax receivable	(16,064)	45,919
Income tax receivables		611
Other receivables	4,509	(6,077)
Prepaid expenses and deposits	140,937	33,469
Due from related party (Note 4)	(23,196)
Accounts payable	(307,282)	595,986
Accrued liabilities and expenses	(144,588)	485,125
Income tax payable	2,000	(4,000)
Net cash used in operating activities	(1,254,992)	(1,685,047)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale of investments, net of costs (Note 6)	1,434,113
Purchase of equipment		(82,033)
Loan receivable		(1,928,450)
Deconsolidation of subsidiary (Note 6)		(505,228)
Net cash provided by (used in) investing activities	1,434,113	(2,515,711)
CASH FLOWS FROM FINANCING ACTIVITIES:
Property concessions funding (Note 3)	518,000	82,670
Proceeds from loan financing (Note 10)		15,615
Proceeds from issuance of common stock, net of offering costs (Note 11)		452,828
Proceeds from issuance of common shares of subsidiary, net of offering costs (Note 6)		1,979,632
Net cash provided by financing activities	518,000	2,530,745
Effect of exchange rates on cash and cash equivalents		(1,898)
Net increase (decrease) in cash and cash equivalents	697,121	(1,671,911)
Cash and cash equivalents beginning of year	189,607	1,861,518
Cash and cash equivalents end of year	886,728	189,607
SUPPLEMENTAL CASH FLOW DISCLOSURES:
Income taxes paid	2,499	4,825
Interest paid
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Offering costs included in accounts payable and accrued liabilities		$ 8,997

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Other Comprehensive Income	Non-Controlling Interests	Total
Balance at Oct. 31, 2020	$ 2,399,518	$ 138,613,286	$ (132,019,148)	$ 92,248		$ 9,085,904
Balance (in Shares) at Oct. 31, 2020	33,165,945
Earn-in option agreement (Note 3)		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 11)	$ 3,190	139,960				143,150
- for cash at a price of $0.47 per share with attached warrants, less offering costs of $6,780 (Note 11) (in Shares)	319,000
- for cash at a price of Canadian Dollar (“$CDN”) 1.00 per share, less offering costs of $14,628 (Note 11)	$ 5,000	385,723				390,723
- for cash at a price of Canadian Dollar (“$CDN”) 1.00 per share, less offering costs of $14,628 (Note 11) (in Shares)	500,000
- for cashless exercise of options (Note 12)	$ 5,629	(5,629)
- for cashless exercise of options (Note 12) (in Shares)	562,893
Changes in interests in subsidiary					1,980,557	1,979,633
Stock option activity as follows:
- Stock-based compensation for options issued to directors, officers, employees and advisors (Note 12)		587,505				587,505
Deconsolidation of subsidiary (Note 6)			42,563		(1,781,495)	(1,738,932)
Net loss			(2,249,514)		$ (198,138)	(2,447,652)
Balance at Oct. 31, 2021	$ 2,413,337	139,803,515	(134,226,099)	92,248		8,083,001
Balance (in Shares) at Oct. 31, 2021	34,547,838
Earn-in option agreement (Note 3)		518,000				518,000
Issuance of common stock as follows:
-for compensation at $0.25 per share (Note 11)	$ 5,078	123,016				128,094
-for compensation at $0.25 per share (Note 11) (in Shares)	507,814
Stock option activity as follows:
- Stock-based compensation for options issued to directors, officers, employees and advisors (Note 12)		305,779				305,779
Net loss			(3,168,199)			(3,168,199)
Balance at Oct. 31, 2022	$ 2,418,415	$ 140,750,310	$ (137,394,298)	$ 92,248		$ 5,866,675
Balance (in Shares) at Oct. 31, 2022	35,055,652

CONSOLIDATED STATEMENTS OF ST_2

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parentheticals) - USD ($)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2022
Issuance of common stock compensation		$ 0.25
Issuance of common stock, price per share	$ 0.47	$ 0.59
Issuance of common stock, offering costs incurred (in Dollars)	$ 6,780
CDN
Issuance of common stock, price per share	$ 1
Issuance of common stock, offering costs incurred (in Dollars)	$ 14,628

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	12 Months Ended
	Oct. 31, 2022
Accounting Policies [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS Silver Bull Resources, Inc. (the “Company”) was incorporated in the State of Nevada on November 8, 1993 as the Cadgie Company for the purpose of acquiring and developing mineral properties. The Cadgie Company was a spin-off from its predecessor, Precious Metal Mines, Inc. On June 28, 1996, the Company’s name was changed to Metalline Mining Company. On April 21, 2011, the Company’s name was changed to Silver Bull Resources, Inc. The Company’s fiscal year-end is October 31. The Company has not realized any revenues from its planned operations and is considered an exploration stage company. The Company has not established any reserves with respect to its exploration projects and may never enter into the development stage with respect to any of its projects. The Company engages in the business of mineral exploration. The Company currently owns a number of property concessions in Mexico (collectively known as the “Sierra Mojada Property”). The Company conducts its operations in Mexico through its wholly-owned subsidiary corporations, Minera Metalin S.A. de C.V. (“Minera Metalin”), Contratistas de Sierra Mojada S.A. de C.V. (“Contratistas”) and Minas de Coahuila SBR S.A. de C.V. (“Minas”). On August 26, 2021, Contratistas merged with and into Minera Metalin. 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. 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 February 5, 2021, Arras Minerals Corp. (“Arras”) was incorporated in British Columbia, Canada, as a wholly-owned subsidiary of the Company. On March 19, 2021, pursuant to an asset purchase agreement with Arras, the Company transferred its right, title and interest in and to the Beskauga Option Agreement, among other things, to Arras in exchange for 36,000,000 common shares of Arras. On September 24, 2021, the Company distributed to its shareholders 34,547 ,838 Arras shares in total. Upon completion of the distribution, the Company retained 1,452,162 Arras common shares, or approximately 4% of the outstanding Arras common shares, as a strategic investment (Note 5), and Arras became a stand-alone company. The Company has included the financial results of Arras in its consolidated statement of operations for the period from February 5, 2021 to September 24, 2021, the date of the distribution. The Company’s efforts and expenditures have been concentrated on the exploration of properties, principally in the Sierra Mojada Property located in Coahuila, Mexico. The Company has not determined whether its exploration properties contain ore reserves that are economically recoverable. The ultimate realization of the Company’s investment in exploration properties is dependent upon the success of future property sales, the existence of economically recoverable reserves, and the ability of the Company to obtain financing or make other arrangements for exploration, development, and future profitable production activities. The ultimate realization of the Company’s investment in exploration properties cannot be determined at this time. Going Concern Since its inception in November 1993, the Company has not generated revenue and has incurred an accumulated deficit of $137,394,000. 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 October 31, 2022, the Company had cash and cash equivalents of $887,000. 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. These 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.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Oct. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES This summary of significant accounting policies is presented to assist in understanding the consolidated financial statements. The consolidated financial statements and notes are representations of the Company’s management, which is responsible for their integrity and objectivity. Basis of Presentation The Company’s consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”) using the accrual method of accounting, except for cash flow amounts. All figures are in United States dollars unless otherwise noted. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, after elimination of intercompany accounts and transactions. The wholly owned subsidiaries of the Company are listed in Note 1 to the consolidated financial statements. The Company consolidated entities in which it has a controlling financial interest based on either the variable interest entity (VIE) or voting interest model. Under the VIE model, a VIE is a reporting entity that has (a) the power to direct the activities that most significantly impact the VIE’s economic performance, and (b) the obligation to absorb losses of, or the right to receive benefits from, the VIE that could potentially be significant to the VIE. Currently, the Company manages the mineral exploration program in the property concessions in Mexico through its wholly-owned subsidiary corporation Minera Metalin. Use of Estimates The preparation of these consolidated financial statements in conformity with GAAP requires management to make estimates based on assumptions about future events that affect the amounts reported in the consolidated financial statements and related notes to the consolidated financial statements. Actual results could differ from those estimates. Estimates and assumptions are reviewed on an ongoing basis based on historical experience and other factors that are considered to be relevant under the circumstances. Revisions to estimates and assumptions are accounted for prospectively. Significant areas involving the use of estimates include determining the allowance for uncollectible taxes, evaluating recoverability of property concessions, evaluating impairment of long-lived assets, evaluating impairment of goodwill, valuation of investments, establishing a valuation allowance on future use of deferred tax assets, calculating a valuation for stock option liability and calculating stock-based compensation. Cash and Cash Equivalents Cash and cash equivalents include all highly-liquid investments with an original maturity of three months or less at the date of purchase. Property Concessions Property concession acquisition costs are capitalized when incurred and will be amortized using the units of production method following the commencement of production. If a property concession is subsequently abandoned or impaired, any capitalized costs will be expensed in the period of abandonment or impairment. To date, no property concessions have reached the production stage. Acquisition costs include cash consideration and the fair market value of shares issued on the acquisition of property concessions. Exploration Costs Exploration costs incurred are expensed to the date of establishing that costs incurred are economically recoverable. Exploration expenditures incurred subsequent to the establishment of economic recoverability are capitalized and included in the carrying amount of the related property. To date, the Company has not established the economic recoverability of its exploration prospects; therefore, all exploration costs are being expensed. Office and Mining Equipment Property and equipment are recorded at cost less accumulated depreciation and impairment losses. Assets under construction are depreciated when they are substantially complete and available for their intended use, over their estimated useful lives. Repairs and maintenance of property and equipment are expensed as incurred. Costs incurred to enhance the service potential of property and equipment are capitalized and depreciated over the remaining useful life of the improved asset. Property and equipment are depreciated using the straight-line method over the estimated useful lives of the related assets as follows: ● Mining equipment – five to 10 years ● Vehicles – four years ● Building and structures – 40 years ● Computer equipment and software – three years ● Well equipment – 10 to 40 years ● Office equipment – three to 10 years Impairment of Long-Lived Assets Management reviews and evaluates its long-lived assets for impairment when events and changes in circumstances indicate that the related carrying amounts of its assets may not be recoverable. Impairment is considered to exist if the future cash flows on an undiscounted basis are less than the carrying amount of the long-lived asset. An impairment loss is measured and recorded based on the difference between book value and fair value of the asset group. In estimating future cash flows, assets are grouped at the lowest level for which there is identifiable cash flows that are largely independent of cash flows from other asset groups. In estimating future cash flows, the Company estimates the price that would be received to sell an asset group in an orderly transaction between market participants at the measurement date. Significant factors that impact this price include the price of silver and zinc, and general market conditions for exploration companies, among other factors. Goodwill Goodwill is the purchase premium after adjusting for the fair value of net assets acquired. The Company tests goodwill for impairment at the reporting unit level at least annually, or more frequently if events or changes in circumstances indicate that the assets may be impaired. Goodwill impairment tests require judgment, including the identification of reporting units, assignment of assets and liabilities to reporting units, assignment of goodwill to reporting units, and determination of the fair value of each reporting unit. The Company performs its annual goodwill impairment tests on April 30 th Income Taxes The Company follows the asset and liability method of accounting for income taxes. Under this method, deferred income tax assets and liabilities are determined based on temporary differences between the tax basis and accounting basis of the assets and liabilities measured using tax rates enacted at the balance sheet date. The Company recognizes the tax benefit from uncertain tax positions only if it is at least “more likely than not” that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement with the taxing authorities. This accounting standard also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods and disclosure. A valuation allowance is recorded against deferred tax assets if management does not believe that the Company has met the “more likely than not” standard imposed by this guidance to allow recognition of such an asset. Management recorded a full valuation allowance at October 31, 2022 and 2021 against the deferred tax assets as it determined that future realization would not meet the “more likely than not” criteria. F-12 Stock-Based Compensation The Company uses the Black-Scholes pricing model as a method for determining the estimated fair value for all stock options awarded to employees, officers, directors and consultants. The expected term of the options is based upon an evaluation of historical and expected future exercise behavior. The risk-free interest rate is based on rates published by the government for bonds with a maturity similar to the expected remaining life of the options at the valuation date. Volatility is determined based upon historical volatility of the Company’s stock and adjusted if future volatility is expected to vary from historical experience. The dividend yield is assumed to be none as the Company has not paid dividends nor does the Company anticipate paying any dividends in the foreseeable future. The Company uses the graded vesting attribution method to recognize compensation costs over the requisite service period. The Company classifies cumulative compensation cost associated with options on subsidiary equity as additional paid-in capital until exercise. Loss per Share Basic loss per share includes no dilution and is computed by dividing net loss available to common shareholders by the weighted average common shares outstanding for the period. Diluted loss per share reflects the potential dilution of securities that could share in the earnings of an entity similar to fully diluted loss per share. Although there were stock options and warrants in the aggregate of 5,165,039 shares and 2,015,039 shares outstanding at October 31, 2022 and 2021, respectively, they were not included in the calculation of loss per share because they would have been considered anti-dilutive. Foreign Currency Translation During the years ended October 31, 2022 and 2021, the functional currency of Silver Bull Resources, Inc. and its subsidiaries was the U.S. dollar. During the years ended October 31, 2022 and 2021, the Company’s Mexican operations’ monetary assets and liabilities with foreign source currencies were translated into U.S. dollars at the period-end exchange rate and non-monetary assets and liabilities with foreign source currencies were translated using the historical exchange rate. The Company’s Mexican operations’ revenue and expenses were translated at the average exchange rate during the period except for depreciation of office and mining equipment, costs of office and mining equipment sold and impairment of property concessions, all of which are translated using the historical exchange rate. Foreign currency translation gains and losses of the Company’s Mexican operations are included in the consolidated statement of operations. Accounting for Loss Contingencies and Legal Costs From time to time, the Company is named as a defendant in legal actions arising from its normal business activities. The Company records an accrual for the estimated loss from a loss contingency when information available prior to issuance of its financial statements indicates that it is probable that a liability has been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. Disclosure of a loss contingency is made by the Company if there is at least a reasonable possibility that a loss has been incurred, and either an accrual has not been made or an exposure to loss exists in excess of the amount accrued. In cases where only disclosure of the loss contingency is required, either the estimated loss or a range of estimated loss is disclosed or it is stated that an estimate cannot be made. Legal costs incurred in connection with loss contingencies are considered period costs and accordingly are expensed in the period services are provided. Investments Investments comprise an approximately nil Recent Accounting Pronouncements Adopted in the Year On November 1, 2021, the Company adopted the Financial Accounting Standards Board’s (“FASB”) 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 March 2022, the FASB issued ASU 2022-01, “Derivatives and Hedging (Topic 815): Fair Value Hedging—Portfolio Layer Method” which is intended to make amendments to the fair value hedge accounting previously issued in ASU 2017-12 “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities”. The new standard will be effective for reporting periods beginning after December 15, 2022. The standard introduced the portfolio layer method allowing multiple hedged layers of a single closed portfolio when applying fair value hedge accounting. 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	12 Months Ended
	Oct. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
SOUTH32 OPTION AGREEMENT	NOTE 3 – 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 was able to obtain an option to purchase 70% of the shares of Minera Metalin and Contratistas (the “South32 Option”). 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”), all work was halted 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 was to be generally extended by a period equal to the period of delay caused by the event of force majeure. On August 31, 2022, the South32 Option Agreement was mutually terminated by South32 and the Company. No portion of the equity value has been classified as temporary equity as the South32 Option has no intrinsic value. Minera Metalin owns the Sierra Mojada Property located in Coahuila, Mexico (the “Sierra Mojada Project”) and supplies labor for the Sierra Mojada Project. Under the South32 Option Agreement, South32 could have earned 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 was to 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 was made on a quarterly basis based on the subsequent quarter’s exploration budget. South32 was able to 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 was subject to antitrust approval by the Mexican government. If the full amount of the Subscription Payment had been advanced by South32 and the South32 Option became exercisable and was exercised, the Company and South32 would have been obligated to contribute funding to Minera Metalin on a 30/70 pro rata basis. If South32 elected not to continue with the South32 Option during the four-year option period, the Sierra Mojada Project would remain 100% owned by the Company. The exploration program was 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. The Company received funding of $1,502,831, which included payments of $319,430, $1,100,731 and $82,670 received during the years ended October 31, 2019, 2020 and 2021, respectively, from South32 for Year 2 of the South32 Option Agreement, the time period for which was extended by the event of force majeure as described above. During the year ended October 31, 2022, the Company received a payment from South32 in the amount of $518,000 as reimbursement for costs incurred during the force majeure period. As of October 31, 2022, the Company had received cumulative funding of $5,164,994 under the South32 Option Agreement. If the South32 Option Agreement was terminated by South32 without cause or if South32 was unable to obtain antitrust authorization from the Mexican government, the Company would be under no obligation to reimburse South32 for amounts contributed under the South32 Option Agreement. Upon exercise of the South32 Option, Minera Metalin would have been 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 determined that Minera Metalin is a variable interest entity and that the South32 Option Agreement did not result in the transfer of control of the Sierra Mojada Project to South32. The Company also determined that the South32 Option Agreement represented 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 had been exercised and shares were issued prior to a decision to develop a mine, such shares would have been classified as temporary equity as they would have been contingently redeemable in exchange for a net smelter royalty under circumstances that were not wholly in control of the Company or South32 and were not probable. As of January 26, 2023, the blockade by Mineros Norteños at, on and around the Sierra Mojada Property is ongoing. South32 paid $518,000 to the Company as a final payment for the exploration costs occurred by the Company during the blockade and released South32 from all claims as the date of termination.

DUE FROM RELATED PARTY

DUE FROM RELATED PARTY	12 Months Ended
	Oct. 31, 2022
Due from Related Party [Abstract]
DUE FROM RELATED PARTY	NOTE 4 – DUE FROM RELATED PARTY As of October 31, 2022, due from related party consists of $23,196 due from Arras for shared employees’ salaries and office expenses. This amount is non-interest bearing and to be repaid on demand.

VALUE-ADDED TAX RECEIVABLE

VALUE-ADDED TAX RECEIVABLE	12 Months Ended
	Oct. 31, 2022
Disclosure Of Value Added Tax Receivable Abstract
VALUE-ADDED TAX RECEIVABLE	NOTE 5 – VALUE-ADDED TAX RECEIVABLE Value-added tax (“VAT”) receivable relates to VAT paid in Mexico. The Company estimates net VAT of $127,036 (2021 - $120,810) will be received and believes that it remains legally entitled to be refunded the full amount of the VAT receivable and intends to rigorously continue its VAT recovery efforts, this being supported by the Company’s July 2022 receipt of its claim for the month of October 2017 in the full amount of $4,363 filed, with back interest and inflation adjustment amounts additionally being received (total of Mexican Peso (“$MXN”) 179,837). While the Company continues to pursue recovery from the Mexican government, the Company reclassified the carrying value of the receivable to non-current assets as of October 31, 2022 based on the continued failure to recover the VAT receivable and a recent preliminary unfavorable ruling from the Mexican tax authority, which the Company is in the process of challenging. 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 fiscal years ended October 31, 2022 and 2021 is as follows: Allowance for uncollectible VAT – October 31, 2020 $ 345,059 Provision for uncollectible VAT 62,024 Foreign currency translation adjustment 13,899 Allowance for uncollectible VAT – October 31, 2021 420,982 Provision for uncollectible VAT 14,113 Foreign currency translation adjustment 14,124 Allowance for uncollectible VAT – October 31, 2022 $ 449,219

INVESTMENTS

INVESTMENTS	12 Months Ended
	Oct. 31, 2022
Noncontrolling Interest [Abstract]
INVESTMENTS	NOTE 6 – INVESTMENTS On August 12, 2020, the Company entered into the Beskauga Option Agreement with Copperbelt pursuant to which it had the exclusive right and option to acquire Copperbelt’s right, title and 100% interest in the Beskauga property located in Kazakhstan. On March 19, 2021, the Company transferred its interest in the Beskauga Option Agreement to its subsidiary, Arras. On September 24, 2021, pursuant to a Separation and Distribution Agreement, the Company distributed to its shareholders one Arras common share for each Silver Bull share held by such shareholders, or 34,547 ,838 Arras common shares in total (the “Distribution”). Upon completion of the Distribution, the Company retained 1,452,162 Arras shares, or approximately 4% of the outstanding Arras common shares, as a strategic investment. At the time of the Distribution, the Company determined that Arras was no longer a controlled subsidiary due to the dilution of its interest in Arras and the fact that Arras became a stand-alone company at the time of the Distribution. The net assets of Arras as at September 24, 2021, the date of disposition, was as follows: Cash and cash equivalents $ 505,228 Other receivables 13,319 Loan receivable 2,288,500 Property concessions 327,690 Office and mining equipment, net 108,534 Accounts payable (547,405 ) Accrued liabilities and expenses (553,428 ) Net assets – September 24, 2021 $ 2,142,438 The Company determined that the Company’s retained interest in Arras is accounted for using the fair value method for the period from September 24, 2021, onwards, and its investments in Arras is presented as an investment. On October 21, 2021, Arras completed a private placement. The Company did not participate in this private placement. As a result of the Arras common share issuance, the Company’s interest in Arras decreased to approximately 3% as of October 31, 2021. On December 6, 2021, the Company sold 600,000 common shares of Arras at a price of $CDN 1.00 per share for proceeds of $469,484 ($CDN 600,000). On June 15, 2022, the Company sold the remaining 852,262 common shares of Arras at a price of $CDN 1.50 per share for gross proceeds of $994,704 ($CDN 1,278,393) and incurred broker costs of $30,075 in relation to the sale. A summary of the changes in investments for the years ended October 31, 2022 and 2021 is as follows: Equity security – October 31, 2020 $ — Carrying value of investment on deconsolidation 75,817 Gain on investment 1,090,953 Equity security – October 31, 2021 $ 1,166,770 Sale of investment, net of costs (1,434,113 ) Gain on investment 301,493 Foreign currency translation adjustment (34,150 ) Equity security – October 31, 2022 $ — Non-Controlling Interest 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 $2,000.319 ($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 $20,687. 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 interest for the dilution gain from changes in interest in subsidiary of $1,979,633. There were no changes in the number of Arras common shares held by the Company. On September 24, 2021, u pon completion of the Distribution, the Company retained 1,452,162 Arras common shares, or approximately 4% of the outstanding Arras common shares, as a strategic investment, and Arras became a stand-alone company. The Company ceased consolidating the consolidated financial statements of Arras effective September 24, 2021, as the Company determined that it no longer exercised control over Arras. Accordingly, the Company’s retained interest in Arras is accounted for using the fair value method. On September 24, 2021, the Company derecognized the net assets of Arras, and the non-controlling interest related to Arras. As of October 31, 2021, the Company held approximately 3% of the outstanding Arras shares, reduced from the distribution date due to Arras completing an equity financing. The carrying value of the non-controlling interest at October 31, 2021 was as follows: Non-controlling interests – October 31, 2020 $ — Changes in interests in subsidiary – April 1, 2021 1,979,633 Loss for the period (198,138 ) Distribution of interest in Arras (1,781,495 ) Non-controlling interests – October 31, 2021 $ —

OFFICE AND MINING EQUIPMENT

OFFICE AND MINING EQUIPMENT	12 Months Ended
	Oct. 31, 2022
Office and Mining Equipment [Abstract]
OFFICE AND MINING EQUIPMENT	NOTE 7 – OFFICE AND MINING EQUIPMENT The following is a summary of the Company’s office and mining equipment at October 31, 2022 and 2021: October 31, October 31, 2022 2021 Mining equipment $ 396,153 $ 396,153 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 47,597 836,220 836,220 Less: Accumulated depreciation (692,652 ) (672,080 ) Office and mining equipment, net $ 143,568 $ 164,140

PROPERTY CONCESSIONS

PROPERTY CONCESSIONS	12 Months Ended
	Oct. 31, 2022
Property Concessions [Abstract]
PROPERTY CONCESSIONS	NOTE 8 – PROPERTY CONCESSIONS The following is a summary of the Company’s property concessions in Sierra Mojada, Mexico as at October 31, 2022 and 2021: Property Concessions – October 31, 2022 and 2021 $ 5,019,927

GOODWILL

GOODWILL	12 Months Ended
	Oct. 31, 2022
Goodwill [Abstract]
GOODWILL	NOTE 9 – 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 Company’s inability to advance the Sierra Mojada Project due to the ongoing blockade has resulted in a sustained decrease in the value of the Company’s common stock. As such, the Company concluded that this constituted an indication of impairment of goodwill. On April 30, 2022, the Company elected to perform a qualitative assessment to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount. Based on this assessment, management determined it is more likely than not that the fair value of the reporting unit is less than its carrying amount, and as such, the Company recorded a goodwill impairment of $2,058,031 during the year ended October 31, 2022. The following is a summary of the Company’s goodwill balance as at October 31, 2022 and 2021: Goodwill – October 31, 2021 $ 2,058,031 Impairment (2,058,031 ) Goodwill – October 31, 2022 $ —

LOAN PAYABLE

LOAN PAYABLE	12 Months Ended
	Oct. 31, 2022
Loan Payable [Abstract]
LOAN PAYABLE	NOTE 10 – 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. In January 2022, the repayment deadline for CEBA loan to qualify for loan forgiveness had been extended to December 31, 2023. 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 upon or before the completion of the Initial Term. 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 2,801 Loan payable – October 31, 2021 48,450 Foreign currency translation adjustment (4,491 ) Loan payable – October 31, 2022 $ 43,959

COMMON STOCK

COMMON STOCK	12 Months Ended
	Oct. 31, 2022
Stockholders' Equity Note [Abstract]
COMMON STOCK	NOTE 11 – COMMON STOCK On February 17, 2022, the Company issued 507,814 shares of common stock at an average of $0.25 per share of common stock as payment of accrued management bonuses in the amount of $128,094 ($CDN162,500) based on the closing trading price on the date of Board’s approval. Following shareholder approval, the Company amended its articles of incorporation on April 20, 2021 to, among other things, increase the number of authorized shares of common stock from 37,500,000 to 150,000,000. On September 9, 2021, options to acquire 1,078,125 shares of common stock were exercised on a cashless basis, whereby the recipients elected to receive 220,471 shares without payment of the cash exercise price, and the remaining options for 857,654 shares were cancelled. On June 25, 2021, the Company completed a private placement (the “2021 Silver Bull Private Placement”) for 500,000 shares of common stock for gross proceeds of $405,351 ($CDN 500,000). No placement agent or finder’s fees were paid in connection with the 2021 Silver Bull Private Placement. The Company incurred other offering costs associated with the 2021 Silver Bull Private Placement of $14,628. On June 15, 2021, options to acquire 375,000 shares of common stock were exercised on a cashless basis, whereby the recipient elected to receive 113,436 shares without payment of the cash exercise price, and the remaining options for 261,564 shares were cancelled. 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 private placement (the “2020 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 and one common share of Arras as per the terms of the Separation and Distribution agreement between Silver Bull and Arras completed in conjunction with the Distribution, 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 2020 Silver Bull Private Placement of $6,780. Subscribers of the second and final tranche of the 2020 Silver Bull Private Placement included management for a total 319,000 Units and gross proceeds of $149,930.

STOCK OPTIONS

STOCK OPTIONS	12 Months Ended
	Oct. 31, 2022
Share-Based Payment Arrangement [Abstract]
STOCK OPTIONS	NOTE 12 – 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”). The 2019 Plan was amended on April 19, 2022 (the “Amended 2019 Plan”). Under the Amended 2019 Plan, 10% of the total shares outstanding are reserved for issuance upon the exercise of options or the grant of stock bonuses, to a maximum of 15,000,000 shares. 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 or three years and have a contractual term of five years. A summary of the range of assumptions used to value stock options granted for the years ended October 31, 2022 and 2021 are as follows: Year Ended October 31, Options 2022 2021 Expected volatility 81% – 87% — Risk-free interest rate 1.60% – 1.74% — Dividend yield — — Expected term (in years) 2.50 – 5.00 — On February 17, 2022, the Company granted options to acquire 3,300,000 shares of common stock with a weighted-average grant-date fair value of $0.14 per share and an exercise price of $CDN 0.32 per share. No options were exercised during the year ended October 31, 2022. No options were granted during the year ended October 31, 2021. On September 9, 2021, options to acquire 1,078,125 shares of common stock were exercised on a cashless basis at an average exercise price of $CDN 1.03 per share. 220,471 shares of common stock were issued and 857,654 options were cancelled. The options had an intrinsic value of $224,756 at the time of exercise. On June 15, 2021, options to acquire 375,000 shares of common stock were exercised on a cashless basis at an average exercise price of $CDN 1.03 per share. 113,436 shares of common stock were issued and 261,564 options were cancelled. The options had an intrinsic value of $136,815 at the time of exercise. On February 2, 2021, options to acquire 509,375 shares of common stock were exercised on a cashless basis at an average exercise price of $CDN 0.60 per share. 228,986 shares of common stock were issued and 280,389 options were cancelled. The options had an intrinsic value of $194,630 at the time of exercise. The following is a summary of stock option activity for the fiscal years ended October 31, 2022 and 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 (562,893 ) 0.69 — Cancelled (1,399,607 ) 0.79 — Expired (37,500 ) 1.65 — Outstanding at October 31, 2021 43,750 1.39 1.30 — Granted 3,300,000 0.24 — — Cancelled (150,000 ) 0.24 — — Outstanding at October 31, 2022 3,193,750 0.23 4.25 — Exercisable at October 31, 2022 1,093,750 $ 0.28 4.14 $ — The Company recognized stock-based compensation costs for stock options of $305,779 and $ nil During the year ended October 31, 2021, while a subsidiary of the Company, Arras granted options to acquire 5,060,000 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. The Company recognized stock-based compensation costs for the Arras stock options of $587,505 for the period from inception on February 5, 2021 to September 24, 2021. The Company and Arras applied the fair value method using the Black-Scholes option pricing model in accounting for their stock options granted. Accordingly, share-based compensation of $223,895 was recognized as personnel costs for options granted to employees, share-based compensation of $72,356 was recognized as directors’ fees for options granted to directors and share-based compensation of $9,528 was recognized as exploration and property holding costs for options granted to employees and advisors. Summarized information about stock options outstanding and exercisable at October 31, 2022 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 $ 0.23 3,150,000 4.30 $ 0.23 1,050,000 $ 0.23 1.26 43,750 0.30 1.26 43,750 1.26

WARRANTS

WARRANTS	12 Months Ended
	Oct. 31, 2022
Warrants Disclosure Abstract
WARRANTS	NOTE 13 – WARRANTS A summary of warrant activity for the fiscal years ended October 31, 2022 and 2021 is as follows: Warrants Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value Outstanding at October 31, 2020 1,811,789 $ 0.59 4.99 $ — Issued in the initial tranche of the 2020 Silver Bull Private Placement (Note 11) 195,500 0.59 Outstanding and exercisable at October 31, 2021 1,971,289 $ 0.59 3.99 $ — Outstanding and exercisable at October 31, 2022* 1,971,289 $ 0.59 2.99 $ — *Pursuant to the Distribution (Note 6), 1,971,289 warrants with a weighted average exercise price of $0.59 are exercisable into one share of common stock of the Company and one common share of Arras. The Company will receive $0.34 of the proceeds from the exercise of each of these warrants and the remaining proceeds will be paid to Arras. No warrants were issued or exercised during the year ended October 31, 2022. During the year ended October 31, 2021, the Company issued 159,500 warrants with an exercise price of $0.59 in connection with the 2020 Silver Bull Private Placement. No warrants were exercised during the year ended October 31, 2021. Summarized information about warrants outstanding and exercisable at October 31, 2022 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 2.99 $ 0.59

INCOME TAXES

INCOME TAXES	12 Months Ended
	Oct. 31, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 14 – INCOME TAXES Provision for Taxes The Tax Act was signed into law on December 22, 2017 and the Tax Act required the Company to use a statutory tax rate of 21% for the years ended October 31, 2022 and 2021. The Company files a United States federal income tax return and a Canadian branch return on a fiscal year-end basis and files Mexican income tax returns for its two Mexican subsidiaries on a calendar year-end basis. The Company and two of its wholly-owned subsidiaries, Minera Metalin and Minas, have not generated taxable income since inception. Contratistas, another wholly-owned Mexican subsidiary, has historically generated taxable income based upon intercompany fees billed to Minera Metalin on the services it provides. On August 26, 2021, Contratistas merged with and into Minera Metalin. On April 16, 2010, a wholly-owned subsidiary of the Company was merged with and into Dome, resulting in Dome becoming a wholly-owned subsidiary of the Company. Dome, a Delaware corporation, files a tax return in the United States as part of the Company’s consolidated tax return. The components of loss before income taxes were as follows: For the year ended October 31, 2022 2021 United States $ (766,000 ) $ 13,000 Foreign (2,398,000 ) (2,456,000 ) Loss before income taxes $ (3,164,000 ) $ (2,443,000 ) The components of the provision for income taxes are as follows: For the year ended October 31, 2022 2021 Current tax expense $ 4,520 $ 4,550 Deferred tax expense — — $ 4,520 $ 4,550 The Company’s provision for income taxes for the fiscal year ended October 31, 2022 consisted of a tax expense of $4,520 (2021 - $4,550) related to a provision for income taxes for the Silver Bull Canadian branch return for the fiscal year ended October 31, 2022. The reconciliation of the provision for income taxes computed at the U.S. statutory rate to the provision for income tax as shown in the statement of operations and comprehensive loss is as follows: For the year ended October 31, 2022 2021 Income tax benefit calculated at U.S. federal income tax rate $ (665,000 ) $ (514,000 ) Differences arising from: Other permanent differences 524,000 2,766,000 Differences due to foreign income tax rates (29,000 ) (129,000 ) Adjustment to prior year taxes 447,000 56,000 Inflation adjustment foreign net operating loss (797,000 ) (323,000 ) Foreign currency fluctuations (51,000 ) (227,000 ) Decrease in valuation allowance (1,840,000 ) (2,551,000 ) Net operating loss carry forwards deconsolidation - Canada — 93,000 Net operating loss carry forwards expiration - Mexico 2,416,000 834,000 Net income tax provision $ 5,000 $ 5,000 The components of the deferred tax assets at October 31, 2022 and 2021 were as follows: For the year ended October 31, 2022 2021 Deferred tax assets: Net operating loss carry forwards – U.S. $ 5,235,000 $ 5,035,000 Net operating loss carry forwards – Mexico 3,711,000 5,922,000 Exploration costs 961,000 814,000 Other – United States 68,000 46,000 Other – Mexico 44,000 42,000 Total net deferred tax assets 10,019,000 11,859,000 Less: valuation allowance (10,019,000 ) (11,859,000 ) Net deferred tax asset $ — $ — At October 31, 2022, the Company has U.S. net operating loss carry-forwards of approximately $20 million that expire in the years 2028 through 2037 and $5 million which will be carried forward indefinitely. The Company has approximately $16 million of net operating loss carry-forwards in Mexico that expire in the calendar years 2022 through 2031. The valuation allowance for deferred tax assets of $10.0 and $11.9 million at October 31, 2022 and 2021, respectively, relates principally to the uncertainty of the utilization of certain deferred tax assets, primarily net operating loss carry forwards in various tax jurisdictions. The Company continually assesses both positive and negative evidence to determine whether it is more likely than not that the deferred tax assets can be realized prior to their expiration. Based on the Company’s assessment, it has determined that the deferred tax assets are not currently realizable. F-22 Net Operating Loss Carry Forward Limitation For U.S. federal income tax purposes, a change in ownership under IRC Section 382 has occurred as a result of the Dome merger in April 2010. When an ownership change has occurred, the utilization of these losses against future income would be subject to an annual limitation, which would be equal to the value of the acquired company immediately prior to the change in ownership multiplied by the IRC Section 382 rate in effect during the month of the change. Accounting for Uncertainty in Income Taxes During the fiscal years ended October 31, 2022 and 2021, the Company has not identified any unrecognized tax benefits or had any additions or reductions in tax positions and therefore a reconciliation of the beginning and ending amount of unrecognized tax benefits is not presented. The Company does not have any unrecognized tax benefits as of October 31, 2022, and accordingly the Company’s effective tax rate will not be materially affected by unrecognized tax benefits. The following tax years remain open to examination by the Company’s principal tax jurisdictions: United States: 2018 and all following years Mexico: 2017 and all following years Canada: 2018 and all following years The Company has not identified any uncertain tax position for which it is reasonably possible that the total amount of unrecognized tax benefit will significantly increase or decrease within the next 12 months. The Company’s policy is to classify tax related interest and penalties as income tax expense. There is no interest or penalties estimated on the underpayment of income taxes as a result of unrecognized tax benefits.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	12 Months Ended
	Oct. 31, 2022
Goodwill [Abstract]
FINANCIAL INSTRUMENTS	NOTE 15 – 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, due from related party, investments, accounts payable and loan payable. Cash and cash equivalents, due from related party and accounts payable are classified as level 1 in the fair value hierarchy. Their carry amounts approximate fair value at October 31, 2022 and 2021 due to the short maturities of these financial instruments. Investments and loan payable are classified as level 2 in the fair value hierarchy. Credit Risk Credit risk is the risk that the counterparty to a financial instrument will cause a financial loss for the Company by failing to discharge its obligations. To mitigate exposure to credit risk on financial assets, the Company has established policies to ensure liquidity of funds and ensure that counterparties demonstrate minimum acceptable credit worthiness. The Company maintains its U.S. dollar and $CDN cash and cash equivalents in bank and demand deposit accounts with major financial institutions with high credit standings. Cash deposits held in 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 related to U.S. dollar deposits held in Canadian financial institutions. As of October 31, 2022 and 2021, the Company’s cash and cash equivalent balances held in Canadian financial institutions included $802,761 and $98,617, 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 in cash and cash equivalents. The Company also maintains cash in bank accounts in Mexico. These accounts are denominated in the local currency and are considered uninsured. As of October 31, 2022 and 2021, the U.S. dollar equivalent balance for these accounts was $10,702 and $10,239, respectively. Interest Rate Risk The Company holds substantially all of the Company’s cash and cash equivalents in bank and demand deposit accounts with major financial institutions. The interest rates received on these balances may fluctuate with changes in economic conditions. Based on the average cash and cash equivalent balances during the fiscal year ended October 31, 2022, a 1% decrease in interest rates would have resulted in a reduction in interest income for the period of approximately $529. Foreign Currency Exchange Risk Certain purchases of labor, operating supplies and capital assets are denominated in $CDN, $MXN or other currencies. As a result, currency exchange fluctuations may impact the costs of the Company’s operations. Specifically, the appreciation of the $MXN or $CDN against the U.S. dollar may result in an increase in operating expenses and capital costs in U.S. dollar terms. The Company currently does not engage in any currency hedging activities. Based on the net exposures as at October 31, 2022, a 5% depreciation or appreciation of the $CDN and $MXN against the US dollar would result in an increase/decrease of approximately $9,000 in the Company’s net income. Liquidity Risk Liquidity risk is the risk that the Company will be unable to meet its financial obligations as they fall due. The Company’s approach to managing its liquidity risk is to ensure, as far as possible, that it will have sufficient liquid funds to meet its liabilities when due. At October 31, 2022, the Company has $886,728 (2021 - $189,607) of cash and cash equivalents to settle current liabilities of $342,192 (2021 - $791,319). All payables classified as current liabilities are due within one year.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Oct. 31, 2022
Commitments and Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 16 – COMMITMENTS AND CONTINGENCIES Compliance with Environmental Regulations The Company’s exploration activities are subject to laws and regulations controlling not only the exploration and mining of mineral properties, but also the effect of such activities on the environment. Compliance with such laws and regulations may necessitate additional capital outlays or affect the economics of a project, and cause changes or delays in the Company’s activities. Property Concessions Mexico To properly maintain property concessions in Mexico, the Company is required to pay a semi-annual fee to the Mexican government and complete annual assessment work. Royalty The Company has agreed to pay a 2% net smelter return royalty on certain property concessions within the Sierra Mojada Property based on the revenue generated from production. Total payments under this royalty are limited to $6.875 million (the “Royalty”). To date, no royalties have been paid. Litigation and Claims Mineros Norteños Case 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. In August 2020, Mineros Norteños appealed this ruling, which appeal the Company timely responded and objected to on October 5, 2020. On March 26, 2021, the Federal Circuit Court issued a final and conclusive resolution, affirming the Federal Appeals Court decision. Despite the judgments in favour of the Company, Mineros Norteños has continued to block access to the facilities at Sierra Mojada since September 2019. The Company has filed criminal complaints with the State of Coahuila, federal and state authorities have been contacted to intervene and terminate the blockade, and the Company has attempted to negotiate with Mineros Norteños, without resolution to date. The Company has not accrued any amounts in its consolidated financial statements with respect to this claim. Valdez Case On February 15, 2016, Messrs. Jaime Valdez Farias and Maria Asuncion Perez Alonso (collectively, “Valdez”) filed an action before the Local First Civil Court of Torreon, State of Coahuila, Mexico, against the Company’s subsidiary, Minera Metalin, claiming that Minera Metalin had breached an agreement regarding the development of the Sierra Mojada Property. Valdez sought payment in the amount of $5.9 million for the alleged breach of the agreement. On April 28, 2016, Minera Metalin filed its response to the complaint, asserting various defenses, including that Minera Metalin terminated the agreement before the payment obligations arose and that certain conditions precedent to such payment obligations were never satisfied by Valdez. The Company and the Company’s Mexican legal counsel asserted all applicable defenses. In May 2017, a final judgment was entered finding for the Company, the defendant, acquitting the Company of all of the plaintiff’s claims and demands. However, due to a technicality in an early procedural act, Valdez was allowed to, and did, challenge the judgment before a local Appeals Court. On October 1, 2020, the Appeals Court entered a resolution overturning the previous judgment and entering a resolution in favor of Valdez in the amount of $5 million, plus court costs. In November 2020, the judgment of the Appeals Court was timely challenged by the Company by means of an “Amparo” lawsuit (Constitutional protection) before a Federal Circuit Court. In June 2021, the Federal Circuit Court ruled in favour of the plaintiff. The Company believes these judgments are contrary to applicable law. The plaintiff initiated proceedings to enforce the Appeals Court resolution, and the Company has offered a mining concession as a payment in full to terminate this controversy definitively. The Company believes the likelihood of the plaintiff succeeding in collecting any amount on this claim is remote, as such the Company has not accrued any amounts in its consolidated financial statements with respect to this claim. From time to time, the Company is involved in other disputes, claims, proceedings and legal actions arising in the ordinary course of business. The Company intends to vigorously defend all claims against the Company, and pursue its full legal rights in cases where the Company has been harmed. Although the ultimate outcome of these proceedings cannot be accurately predicted due to the inherent uncertainty of litigation, in the opinion of management, based upon current information, no other currently pending or overtly threatened proceeding is expected to have a material adverse effect on the Company’s business, financial condition or results of operations. COVID-19 Global outbreaks of contagious diseases, including the December 2019 outbreak of a strain of coronavirus (COVID-19), have the potential to significantly and adversely impact the Company’s 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 COVID-19 outbreak may have a variety of adverse effects on the Company’s business, including by depressing commodity prices and the market value of its securities and limiting the ability of 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 the Company’s ability to obtain additional financing in the near term. A prolonged downturn in the financial markets could have an adverse effect on the Company’s business, results of operations and ability to raise capital.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Oct. 31, 2022
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 17 – SEGMENT INFORMATION The Company operates in a single reportable segment: the exploration of mineral property interests. The Company has mineral property interests in Sierra Mojada, Mexico. Geographic information is approximately as follows: For the Year Ended October 31, 2022 2021 Net loss Mexico $ (2,397,000 ) $ (400,000 ) Kazakhstan — (642,000 ) Canada (771,000 ) (1,406,000 ) Net Loss $ (3,168,000 ) $ (2,448,000 ) The following table details allocation of assets included in the accompanying consolidated balance sheets at October 31, 2022: Canada Mexico Total Cash and cash equivalents $ 876,000 $ 11,000 $ 887,000 Value-added tax receivable, net — 127,000 127,000 Other receivables 3,000 — 3,000 Prepaid expenses and deposits 45,000 4,000 49,000 Due from related party 23,000 — 23,000 Office and mining equipment, net — 144,000 144,000 Property concessions — 5,020,000 5,020,000 $ 947,000 $ 5,306,000 $ 6,253,000 The following table details the allocation of assets included in the accompanying consolidated balance sheet at October 31, 2021: Canada Mexico Total Cash and cash equivalents $ 180,000 $ 10,000 $ 190,000 Value-added tax receivable, net — 121,000 121,000 Other receivables 3,000 4,000 7,000 Prepaid expenses and deposits 96,000 100,000 196,000 Investments 1,167,000 — 1,167,000 Office and mining equipment, net — 164,000 164,000 Property concessions — 5,020,000 5,020,000 Goodwill — 2,058,000 2,058,000 $ 1,370,000 $ 7,477,000 $ 8,923,000 The Company has significant assets in Coahuila, Mexico. Although Mexico is generally considered economically stable, it is always possible that unanticipated events in Mexico could disrupt the Company’s operations. The Mexican government does not require foreign entities to maintain cash reserves in Mexico. The following table details the allocation of exploration and property holding costs for the exploration properties: For the Year Ended October 31, 2022 2021 Exploration and property holding costs for the year Mexico $ (2,392,000 ) $ (338,000 ) Kazakhstan — (640,000 ) $ (2,392,000 ) $ (978,000 )

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Oct. 31, 2022
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The Company’s consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”) using the accrual method of accounting, except for cash flow amounts. All figures are in United States dollars unless otherwise noted.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, after elimination of intercompany accounts and transactions. The wholly owned subsidiaries of the Company are listed in Note 1 to the consolidated financial statements. The Company consolidated entities in which it has a controlling financial interest based on either the variable interest entity (VIE) or voting interest model. Under the VIE model, a VIE is a reporting entity that has (a) the power to direct the activities that most significantly impact the VIE’s economic performance, and (b) the obligation to absorb losses of, or the right to receive benefits from, the VIE that could potentially be significant to the VIE. Currently, the Company manages the mineral exploration program in the property concessions in Mexico through its wholly-owned subsidiary corporation Minera Metalin.
Use of Estimates	Use of Estimates The preparation of these consolidated financial statements in conformity with GAAP requires management to make estimates based on assumptions about future events that affect the amounts reported in the consolidated financial statements and related notes to the consolidated financial statements. Actual results could differ from those estimates. Estimates and assumptions are reviewed on an ongoing basis based on historical experience and other factors that are considered to be relevant under the circumstances. Revisions to estimates and assumptions are accounted for prospectively. Significant areas involving the use of estimates include determining the allowance for uncollectible taxes, evaluating recoverability of property concessions, evaluating impairment of long-lived assets, evaluating impairment of goodwill, valuation of investments, establishing a valuation allowance on future use of deferred tax assets, calculating a valuation for stock option liability and calculating stock-based compensation.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include all highly-liquid investments with an original maturity of three months or less at the date of purchase.
Property Concessions	Property Concessions Property concession acquisition costs are capitalized when incurred and will be amortized using the units of production method following the commencement of production. If a property concession is subsequently abandoned or impaired, any capitalized costs will be expensed in the period of abandonment or impairment. To date, no property concessions have reached the production stage. Acquisition costs include cash consideration and the fair market value of shares issued on the acquisition of property concessions.
Exploration Costs	Exploration Costs Exploration costs incurred are expensed to the date of establishing that costs incurred are economically recoverable. Exploration expenditures incurred subsequent to the establishment of economic recoverability are capitalized and included in the carrying amount of the related property. To date, the Company has not established the economic recoverability of its exploration prospects; therefore, all exploration costs are being expensed.
Office and Mining Equipment	Office and Mining Equipment Property and equipment are recorded at cost less accumulated depreciation and impairment losses. Assets under construction are depreciated when they are substantially complete and available for their intended use, over their estimated useful lives. Repairs and maintenance of property and equipment are expensed as incurred. Costs incurred to enhance the service potential of property and equipment are capitalized and depreciated over the remaining useful life of the improved asset. Property and equipment are depreciated using the straight-line method over the estimated useful lives of the related assets as follows: ● Mining equipment – five to 10 years ● Vehicles – four years ● Building and structures – 40 years ● Computer equipment and software – three years ● Well equipment – 10 to 40 years ● Office equipment – three to 10 years
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Management reviews and evaluates its long-lived assets for impairment when events and changes in circumstances indicate that the related carrying amounts of its assets may not be recoverable. Impairment is considered to exist if the future cash flows on an undiscounted basis are less than the carrying amount of the long-lived asset. An impairment loss is measured and recorded based on the difference between book value and fair value of the asset group. In estimating future cash flows, assets are grouped at the lowest level for which there is identifiable cash flows that are largely independent of cash flows from other asset groups. In estimating future cash flows, the Company estimates the price that would be received to sell an asset group in an orderly transaction between market participants at the measurement date. Significant factors that impact this price include the price of silver and zinc, and general market conditions for exploration companies, among other factors.
Goodwill	Goodwill Goodwill is the purchase premium after adjusting for the fair value of net assets acquired. The Company tests goodwill for impairment at the reporting unit level at least annually, or more frequently if events or changes in circumstances indicate that the assets may be impaired. Goodwill impairment tests require judgment, including the identification of reporting units, assignment of assets and liabilities to reporting units, assignment of goodwill to reporting units, and determination of the fair value of each reporting unit. The Company performs its annual goodwill impairment tests on April 30 th
Income Taxes	Income Taxes The Company follows the asset and liability method of accounting for income taxes. Under this method, deferred income tax assets and liabilities are determined based on temporary differences between the tax basis and accounting basis of the assets and liabilities measured using tax rates enacted at the balance sheet date. The Company recognizes the tax benefit from uncertain tax positions only if it is at least “more likely than not” that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement with the taxing authorities. This accounting standard also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods and disclosure. A valuation allowance is recorded against deferred tax assets if management does not believe that the Company has met the “more likely than not” standard imposed by this guidance to allow recognition of such an asset. Management recorded a full valuation allowance at October 31, 2022 and 2021 against the deferred tax assets as it determined that future realization would not meet the “more likely than not” criteria.
Stock-Based Compensation	Stock-Based Compensation The Company uses the Black-Scholes pricing model as a method for determining the estimated fair value for all stock options awarded to employees, officers, directors and consultants. The expected term of the options is based upon an evaluation of historical and expected future exercise behavior. The risk-free interest rate is based on rates published by the government for bonds with a maturity similar to the expected remaining life of the options at the valuation date. Volatility is determined based upon historical volatility of the Company’s stock and adjusted if future volatility is expected to vary from historical experience. The dividend yield is assumed to be none as the Company has not paid dividends nor does the Company anticipate paying any dividends in the foreseeable future. The Company uses the graded vesting attribution method to recognize compensation costs over the requisite service period. The Company classifies cumulative compensation cost associated with options on subsidiary equity as additional paid-in capital until exercise.
Loss per Share	Loss per Share Basic loss per share includes no dilution and is computed by dividing net loss available to common shareholders by the weighted average common shares outstanding for the period. Diluted loss per share reflects the potential dilution of securities that could share in the earnings of an entity similar to fully diluted loss per share. Although there were stock options and warrants in the aggregate of 5,165,039 shares and 2,015,039 shares outstanding at October 31, 2022 and 2021, respectively, they were not included in the calculation of loss per share because they would have been considered anti-dilutive.
Foreign Currency Translation	Foreign Currency Translation During the years ended October 31, 2022 and 2021, the functional currency of Silver Bull Resources, Inc. and its subsidiaries was the U.S. dollar.
Accounting for Loss Contingencies and Legal Costs	Accounting for Loss Contingencies and Legal Costs From time to time, the Company is named as a defendant in legal actions arising from its normal business activities. The Company records an accrual for the estimated loss from a loss contingency when information available prior to issuance of its financial statements indicates that it is probable that a liability has been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. Disclosure of a loss contingency is made by the Company if there is at least a reasonable possibility that a loss has been incurred, and either an accrual has not been made or an exposure to loss exists in excess of the amount accrued. In cases where only disclosure of the loss contingency is required, either the estimated loss or a range of estimated loss is disclosed or it is stated that an estimate cannot be made. Legal costs incurred in connection with loss contingencies are considered period costs and accordingly are expensed in the period services are provided.
Investments	Investments Investments comprise an approximately nil
Recent Accounting Pronouncements Adopted in the Year	Recent Accounting Pronouncements Adopted in the Year On November 1, 2021, the Company adopted the Financial Accounting Standards Board’s (“FASB”) 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 March 2022, the FASB issued ASU 2022-01, “Derivatives and Hedging (Topic 815): Fair Value Hedging—Portfolio Layer Method” which is intended to make amendments to the fair value hedge accounting previously issued in ASU 2017-12 “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities”. The new standard will be effective for reporting periods beginning after December 15, 2022. The standard introduced the portfolio layer method allowing multiple hedged layers of a single closed portfolio when applying fair value hedge accounting. 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.

VALUE-ADDED TAX RECEIVABLE (Tab

VALUE-ADDED TAX RECEIVABLE (Tables)	12 Months Ended
	Oct. 31, 2022
Disclosure Of Value Added Tax Receivable Abstract
Schedule of the Changes in the Allowance for Uncollectible Taxes	Allowance for uncollectible VAT – October 31, 2020 $ 345,059 Provision for uncollectible VAT 62,024 Foreign currency translation adjustment 13,899 Allowance for uncollectible VAT – October 31, 2021 420,982 Provision for uncollectible VAT 14,113 Foreign currency translation adjustment 14,124 Allowance for uncollectible VAT – October 31, 2022 $ 449,219

INVESTMENTS (Tables)

INVESTMENTS (Tables)	12 Months Ended
	Oct. 31, 2022
Noncontrolling Interest [Abstract]
Schedule of net assets arras of disposition	Cash and cash equivalents $ 505,228 Other receivables 13,319 Loan receivable 2,288,500 Property concessions 327,690 Office and mining equipment, net 108,534 Accounts payable (547,405 ) Accrued liabilities and expenses (553,428 ) Net assets – September 24, 2021 $ 2,142,438
Schedule of retained interest arras accounted of fair value method	Equity security – October 31, 2020 $ — Carrying value of investment on deconsolidation 75,817 Gain on investment 1,090,953 Equity security – October 31, 2021 $ 1,166,770 Sale of investment, net of costs (1,434,113 ) Gain on investment 301,493 Foreign currency translation adjustment (34,150 ) Equity security – October 31, 2022 $ —
Schedule of non-controlling interest	Non-controlling interests – October 31, 2020 $ — Changes in interests in subsidiary – April 1, 2021 1,979,633 Loss for the period (198,138 ) Distribution of interest in Arras (1,781,495 ) Non-controlling interests – October 31, 2021 $ —

OFFICE AND MINING EQUIPMENT (Ta

OFFICE AND MINING EQUIPMENT (Tables)	12 Months Ended
	Oct. 31, 2022
Office and Mining Equipment [Abstract]
Schedule of office and mining equipment	October 31, October 31, 2022 2021 Mining equipment $ 396,153 $ 396,153 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 47,597 836,220 836,220 Less: Accumulated depreciation (692,652 ) (672,080 ) Office and mining equipment, net $ 143,568 $ 164,140

PROPERTY CONCESSIONS (Tables)

PROPERTY CONCESSIONS (Tables)	12 Months Ended
	Oct. 31, 2022
Schedule of property concessions [Abstract]
Schedule of property concessions	Property Concessions – October 31, 2022 and 2021 $ 5,019,927

GOODWILL (Tables)

GOODWILL (Tables)	12 Months Ended
	Oct. 31, 2022
Goodwill [Abstract]
Schedule of goodwill	Goodwill – October 31, 2021 $ 2,058,031 Impairment (2,058,031 ) Goodwill – October 31, 2022 $ —

LOAN PAYABLE (Tables)

LOAN PAYABLE (Tables)	12 Months Ended
	Oct. 31, 2022
Loan Payable [Abstract]
Schedule of Loan Payable	Loan payable – October 31, 2020 $ 30,034 Loan payable received – January 2021 15,615 Foreign currency translation adjustment 2,801 Loan payable – October 31, 2021 48,450 Foreign currency translation adjustment (4,491 ) Loan payable – October 31, 2022 $ 43,959

STOCK OPTIONS (Tables)

STOCK OPTIONS (Tables)	12 Months Ended
	Oct. 31, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of summary of stock option activity for the fiscal years	Year Ended October 31, Options 2022 2021 Expected volatility 81% – 87% — Risk-free interest rate 1.60% – 1.74% — Dividend yield — — Expected term (in years) 2.50 – 5.00 —
Schedule of summary of stock option activity for the fiscal years	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 (562,893 ) 0.69 — Cancelled (1,399,607 ) 0.79 — Expired (37,500 ) 1.65 — Outstanding at October 31, 2021 43,750 1.39 1.30 — Granted 3,300,000 0.24 — — Cancelled (150,000 ) 0.24 — — Outstanding at October 31, 2022 3,193,750 0.23 4.25 — Exercisable at October 31, 2022 1,093,750 $ 0.28 4.14 $ —
Schedule of Stock Options Outstanding and Exercisable by Exercise Price Range	Options Outstanding Options Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.23 3,150,000 4.30 $ 0.23 1,050,000 $ 0.23 1.26 43,750 0.30 1.26 43,750 1.26

WARRANTS (Tables)

WARRANTS (Tables)	12 Months Ended
	Oct. 31, 2022
Warrants Disclosure Abstract
Schedule of warrant activity	Warrants Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value Outstanding at October 31, 2020 1,811,789 $ 0.59 4.99 $ — Issued in the initial tranche of the 2020 Silver Bull Private Placement (Note 11) 195,500 0.59 Outstanding and exercisable at October 31, 2021 1,971,289 $ 0.59 3.99 $ — Outstanding and exercisable at October 31, 2022* 1,971,289 $ 0.59 2.99 $ —
Schedule of warrants outstanding and exercisable	Warrants Outstanding and Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price $ 0.59 1,971,289 2.99 $ 0.59

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Oct. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Components of Loss before Income Taxes, by Tax Jurisdiction	For the year ended October 31, 2022 2021 United States $ (766,000 ) $ 13,000 Foreign (2,398,000 ) (2,456,000 ) Loss before income taxes $ (3,164,000 ) $ (2,443,000 )
Schedule of Components of the Provision for Income Taxes	For the year ended October 31, 2022 2021 Current tax expense $ 4,520 $ 4,550 Deferred tax expense — — $ 4,520 $ 4,550
Schedule of the Components of Deferred Tax Assets	For the year ended October 31, 2022 2021 Income tax benefit calculated at U.S. federal income tax rate $ (665,000 ) $ (514,000 ) Differences arising from: Other permanent differences 524,000 2,766,000 Differences due to foreign income tax rates (29,000 ) (129,000 ) Adjustment to prior year taxes 447,000 56,000 Inflation adjustment foreign net operating loss (797,000 ) (323,000 ) Foreign currency fluctuations (51,000 ) (227,000 ) Decrease in valuation allowance (1,840,000 ) (2,551,000 ) Net operating loss carry forwards deconsolidation - Canada — 93,000 Net operating loss carry forwards expiration - Mexico 2,416,000 834,000 Net income tax provision $ 5,000 $ 5,000
Schedule of the Components of Deferred Tax Assets	For the year ended October 31, 2022 2021 Deferred tax assets: Net operating loss carry forwards – U.S. $ 5,235,000 $ 5,035,000 Net operating loss carry forwards – Mexico 3,711,000 5,922,000 Exploration costs 961,000 814,000 Other – United States 68,000 46,000 Other – Mexico 44,000 42,000 Total net deferred tax assets 10,019,000 11,859,000 Less: valuation allowance (10,019,000 ) (11,859,000 ) Net deferred tax asset $ — $ —

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
	Oct. 31, 2022
Segment Reporting [Abstract]
Schedule of geographic information	For the Year Ended October 31, 2022 2021 Net loss Mexico $ (2,397,000 ) $ (400,000 ) Kazakhstan — (642,000 ) Canada (771,000 ) (1,406,000 ) Net Loss $ (3,168,000 ) $ (2,448,000 )
Schedule of the allocation of assets by segment	Canada Mexico Total Cash and cash equivalents $ 876,000 $ 11,000 $ 887,000 Value-added tax receivable, net — 127,000 127,000 Other receivables 3,000 — 3,000 Prepaid expenses and deposits 45,000 4,000 49,000 Due from related party 23,000 — 23,000 Office and mining equipment, net — 144,000 144,000 Property concessions — 5,020,000 5,020,000 $ 947,000 $ 5,306,000 $ 6,253,000 Canada Mexico Total Cash and cash equivalents $ 180,000 $ 10,000 $ 190,000 Value-added tax receivable, net — 121,000 121,000 Other receivables 3,000 4,000 7,000 Prepaid expenses and deposits 96,000 100,000 196,000 Investments 1,167,000 — 1,167,000 Office and mining equipment, net — 164,000 164,000 Property concessions — 5,020,000 5,020,000 Goodwill — 2,058,000 2,058,000 $ 1,370,000 $ 7,477,000 $ 8,923,000
Schedule of allocation of exploration and property holding costs for the exploration properties	For the Year Ended October 31, 2022 2021 Exploration and property holding costs for the year Mexico $ (2,392,000 ) $ (338,000 ) Kazakhstan — (640,000 ) $ (2,392,000 ) $ (978,000 )

ORGANIZATION AND DESCRIPTION _2

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details) - USD ($)	1 Months Ended
	Sep. 24, 2021	Mar. 19, 2021	Oct. 31, 2022	Aug. 12, 2020
ORGANIZATION AND DESCRIPTION OF BUSINESS (Details) [Line Items]
Accumulated deficit (in Dollars)			$ 137,394,000
Cash and cash equivalents (in Dollars)			$ 887,000
Beskauga Property [Member]
ORGANIZATION AND DESCRIPTION OF BUSINESS (Details) [Line Items]
Ownership interest acquired				100%
Stock issued during period, shares		36,000,000
Arras [Member]
ORGANIZATION AND DESCRIPTION OF BUSINESS (Details) [Line Items]
Stock issued during period, shares	34,547,838
Company Retained [Member]
ORGANIZATION AND DESCRIPTION OF BUSINESS (Details) [Line Items]
Stock issued during period, shares	1,452,162
Percentage of outstanding common shares	4%

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Goodwill impairment fair value (in Dollars)	$ 2,058,031
Tax rate	50%
Anti-dilutive shares, stock options and warrants outstanding (in Shares)	5,165,039	2,015,039
Minimum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Estimated useful lives	5 years
Maximum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Estimated useful lives	10 years
Arras [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Percentage noncontrolling interest		3%
Wells and Related Equipment and Facilities [Member] | Minimum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Estimated useful lives	10 years
Vehicles [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Estimated useful lives	4 years
Building and Structures [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Estimated useful lives	40 years
Computer Equipment and Software [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Estimated useful lives	3 years
Wells and Related Equipment and Facilities [Member] | Maximum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Estimated useful lives	40 years
Office Equipment [Member] | Minimum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Estimated useful lives	3 years
Office Equipment [Member] | Maximum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Estimated useful lives	10 years

SOUTH32 OPTION AGREEMENT (Detai

SOUTH32 OPTION AGREEMENT (Details) - USD ($)		1 Months Ended		12 Months Ended
	Jun. 01, 2018	Jan. 26, 2023	Apr. 30, 2019	Oct. 31, 2022	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
SOUTH32 OPTION AGREEMENT (Details) [Line Items]
Options agreement, description				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.
South32 Limited [Member]
SOUTH32 OPTION AGREEMENT (Details) [Line Items]
Property concessions funding	$ 3,144,163			$ 1,502,831
Payment received			$ 6,000,000	5,164,994
Reimbursement for costs amount				$ 518,000
South32 Limited [Member] | Subsequent Event [Member]
SOUTH32 OPTION AGREEMENT (Details) [Line Items]
Exploration costs		$ 518,000
South32 Limited [Member] | Year 1 [Member]
SOUTH32 OPTION AGREEMENT (Details) [Line Items]
Contribution of minimum exploration fund	3,000,000
South32 Limited [Member] | Year 2 [Member]
SOUTH32 OPTION AGREEMENT (Details) [Line Items]
Contribution of minimum exploration fund	6,000,000
Property concessions funding					$ 82,670	$ 1,100,731	$ 319,430
South32 Limited [Member] | Year 3 [Member]
SOUTH32 OPTION AGREEMENT (Details) [Line Items]
Contribution of minimum exploration fund	8,000,000
South32 Limited [Member] | Year 4 [Member]
SOUTH32 OPTION AGREEMENT (Details) [Line Items]
Contribution of minimum exploration fund	$ 10,000,000
Minera Metalin [Member]
SOUTH32 OPTION AGREEMENT (Details) [Line Items]
Option to purchase percentage	70%
Contribution to acquired shares	$ 100,000,000
South32 Limited [Member]
SOUTH32 OPTION AGREEMENT (Details) [Line Items]
Option to purchase percentage	100%

DUE FROM RELATED PARTY (Details

DUE FROM RELATED PARTY (Details)	Oct. 31, 2022 USD ($)
Due from Related Party [Abstract]
Due from related party	$ 23,196

VALUE-ADDED TAX RECEIVABLE (Det

VALUE-ADDED TAX RECEIVABLE (Details)	Oct. 31, 2022 USD ($)	Oct. 31, 2021 USD ($)	Oct. 30, 2017 USD ($)	Oct. 30, 2017 MXN ($)
VALUE-ADDED TAX RECEIVABLE (Details) [Line Items]
Value-added tax	$ 127,036
Company receipt claim			$ 4,363	$ 179,837
Mexico [Member]
VALUE-ADDED TAX RECEIVABLE (Details) [Line Items]
Value-added tax	$ 127,036	$ 120,810

VALUE-ADDED TAX RECEIVABLE (D_2

VALUE-ADDED TAX RECEIVABLE (Details) - Schedule of the Changes in the Allowance for Uncollectible Taxes - USD ($)	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Schedule Of The Changes In The Allowance For Uncollectible Taxes Abstract
Allowance for uncollectible VAT, Beginning	$ 420,982	$ 345,059
Provision for uncollectible VAT	14,113	62,024
Foreign currency translation adjustment	14,124	13,899
Allowance for uncollectible VAT, Ending	$ 449,219	$ 420,982

INVESTMENTS (Details)

INVESTMENTS (Details)

1 Months Ended

12 Months Ended

Dec. 06, 2021 USD ($) shares

Dec. 06, 2021 CAD ($) $ / shares shares

Oct. 31, 2021

Sep. 12, 2021 shares

Apr. 01, 2021 USD ($) shares

Apr. 01, 2021 CAD ($) shares

Feb. 02, 2021 shares

Nov. 09, 2020 USD ($) $ / shares shares

Jun. 15, 2022 USD ($) shares

Jun. 15, 2022 CAD ($) shares

Sep. 24, 2021 shares

Jun. 15, 2021 shares

Mar. 19, 2021 shares

Oct. 31, 2022 USD ($)

Oct. 31, 2021 USD ($) shares

Jun. 15, 2022 $ / shares

Apr. 01, 2021 $ / shares

Aug. 12, 2020

INVESTMENTS (Details) [Line Items]

Interest of common shares

3%

3%

Per share | (per share)

$ 1

$ 0.59

Proceeds from shares sold

$ 469,484

$ 600,000

$ 452,828

Broker costs | $

$ 30,075

Common shares

220,471

228,986

113,436

Other offering costs | $

$ 20,687

Non-controlling interest for dilution gain | $

$ 1,979,633

Common Stock [Member]

INVESTMENTS (Details) [Line Items]

Common shares

500,000

Arras [Member]

INVESTMENTS (Details) [Line Items]

Controlling interest rate

3%

3%

Private Placement [Member]

INVESTMENTS (Details) [Line Items]

Common shares

319,000

Proceeds from shares sold

$ 2,000.319

$ 2,517,500

$ 149,930

Common shares purchase price | $ / shares

$ 0.5

Private Placement [Member] | Arras [Member]

INVESTMENTS (Details) [Line Items]

Controlling interest rate

88%

Beskauga Property [Member]

INVESTMENTS (Details) [Line Items]

Interest rate

100%

Common shares

36,000,000

Arras [Member]

INVESTMENTS (Details) [Line Items]

Common shares

34,547,838

Arras [Member] | Private Placement [Member]

INVESTMENTS (Details) [Line Items]

Common shares

5,035,000

5,035,000

Arras [Member] | Common Stock [Member]

INVESTMENTS (Details) [Line Items]

Common shares

600,000

600,000

Company Retained [Member]

INVESTMENTS (Details) [Line Items]

Common shares

1,452,162

Company share

1,452,162

Interest of common shares

4%

Proceeds from shares sold

$ 994,704

$ 1,278,393

Company Retained [Member] | Common Stock [Member]

INVESTMENTS (Details) [Line Items]

Per share | $ / shares

$ 1.5

Company Retained [Member] | Arras [Member]

INVESTMENTS (Details) [Line Items]

Company share

1,452,162

Interest of common shares

4%

Company Retained [Member] | Common Stock [Member]

INVESTMENTS (Details) [Line Items]

Common shares

852,262

852,262

INVESTMENTS (Details) - Schedul

INVESTMENTS (Details) - Schedule of net assets arras of disposition - Arras [Member]	Sep. 24, 2021 USD ($)
Schedule of net assets arras of disposition [Abstract]
Cash and cash equivalents	$ 505,228
Other receivables	13,319
Loan receivable	2,288,500
Property concessions	327,690
Office and mining equipment, net	108,534
Accounts payable	(547,405)
Accrued liabilities and expenses	(553,428)
Net assets – September 24, 2021	$ 2,142,438

INVESTMENTS (Details) - Sched_2

INVESTMENTS (Details) - Schedule of retained interest arras accounted of fair value method - USD ($)	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
schedule of retained interest arras accounted of fair value method [Abstract]
Equity security, beginning	$ 1,166,770
Carrying value of investment on deconsolidation		75,817
Sale of investment, net of costs	(1,434,113)
Gain on investment	301,493	1,090,953
Foreign currency translation adjustment	(34,150)
Equity security, ending		$ 1,166,770

INVESTMENTS (Details) - Sched_3

INVESTMENTS (Details) - Schedule of non-controlling interest	12 Months Ended
	Oct. 31, 2021 USD ($)
Schedule Of Non Controlling Interest Abstract
Non-controlling interests, beginning
Changes in interests in subsidiary – April 1, 2021	1,979,633
Loss for the period	(198,138)
Distribution of interest in Arras	(1,781,495)
Non-controlling interests, ending

OFFICE AND MINING EQUIPMENT (De

OFFICE AND MINING EQUIPMENT (Details) - Schedule of office and mining equipment - USD ($)	Oct. 31, 2022	Oct. 31, 2021
Property, Plant and Equipment [Line Items]
Office and mining equipment, gross	$ 836,220	$ 836,220
Less: Accumulated depreciation	(692,652)	(672,080)
Office and mining equipment, net	143,568	164,140
Mining equipment [Member]
Property, Plant and Equipment [Line Items]
Office and mining equipment, gross	396,153	396,153
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) - Schedule of property concessions - USD ($)	Oct. 31, 2022	Oct. 31, 2021
Schedule of property concessions [Abstract]
Property concessions	$ 5,019,927	$ 5,019,927

GOODWILL (Details)

GOODWILL (Details)	12 Months Ended
	Oct. 31, 2022 USD ($)
Goodwill [Abstract]
Goodwill impairment	$ 2,058,031

GOODWILL (Details) - Schedule o

GOODWILL (Details) - Schedule of goodwill - Goodwill [Member]	12 Months Ended
	Oct. 31, 2022 USD ($)
Goodwill [Line Items]
Goodwill at beginning	$ 2,058,031
Impairment	(2,058,031)
Goodwill at ending

LOAN PAYABLE (Details)

LOAN PAYABLE (Details)	1 Months Ended			12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021 CAD ($)	Jun. 30, 2020 CAD ($)	Oct. 31, 2022	Jan. 31, 2021 USD ($)	Jan. 31, 2021 CAD ($)	Jun. 30, 2020 USD ($)	Jun. 30, 2020 CAD ($)
LOAN PAYABLE (Details) [Line Items]
Loan received					$ 15,615		$ 29,531
CEBA Loan [Member]
LOAN PAYABLE (Details) [Line Items]
Loan received						$ 20,000		$ 40,000
Maturity date	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2022
Repayment under initial term		$ 60,000	$ 30,000
Principal amount forgiven		$ 20,000	$ 10,000
Interest rate		5%		5%
Additional loan					50%	50%
CEBA Loan [Member] | Minimum [Member]
LOAN PAYABLE (Details) [Line Items]
Maturity date			Jan. 01, 2023
CEBA Loan [Member] | Maximum [Member]
LOAN PAYABLE (Details) [Line Items]
Maturity date			Dec. 31, 2025
Additional Loan Forgivable [Member] | CEBA Loan [Member]
LOAN PAYABLE (Details) [Line Items]
Maturity date		Dec. 31, 2025

LOAN PAYABLE (Details) - Schedu

LOAN PAYABLE (Details) - Schedule of Loan Payable - USD ($)	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Schedule of Loan Payable [Abstract]
Loan payable beginning balance	$ 48,450	$ 30,034
Loan payable received – January 2021		15,615
Foreign currency translation adjustment	(4,491)	2,801
Loan payable ending balance	$ 43,959	$ 48,450

COMMON STOCK (Details)

COMMON STOCK (Details)									1 Months Ended				12 Months Ended
	Dec. 06, 2021 USD ($)	Dec. 06, 2021 CAD ($) $ / shares	Sep. 12, 2021 shares	Sep. 09, 2021 shares	Apr. 01, 2021 USD ($)	Apr. 01, 2021 CAD ($)	Feb. 02, 2021 shares	Nov. 09, 2020 USD ($) $ / shares shares	Feb. 17, 2022 USD ($) $ / shares shares	Jun. 25, 2021 USD ($) shares	Jun. 25, 2021 CAD ($)	Jun. 15, 2021 shares	Oct. 31, 2022 USD ($) $ / shares shares	Oct. 31, 2021 USD ($) $ / shares shares	Feb. 17, 2022 CAD ($) shares	Apr. 20, 2021 shares	Oct. 31, 2020 shares
COMMON STOCK (Details) [Line Items]
Issued shares									507,814						507,814
Average price per share (in Dollars per share) | $ / shares									$ 0.25
Accrued bonuses									$ 128,094						$ 500
Common stock, shares authorize													150,000,000	150,000,000
Stock option			1,078,125	1,078,125					3,300,000					562,893
Options exercised during the period				220,471			228,986					113,436
Options cancelled during the period			857,654	857,654			280,389					261,564
Shares of common stock													35,055,652	34,547,838
Gross proceeds										$ 405,351	$ 500,000
Other offering costs (in Dollars) | $										$ 14,628
Options outstanding during the period							509,375					375,000	3,193,750	43,750			2,043,750
Purchase price per unit (in Dollars per share) | $ / shares													$ 0.59	$ 0.47
Gross proceeds (in Dollars)	$ 469,484	$ 600,000												$ 452,828
Stock price per share (in Dollars per share) | (per share)		$ 1						$ 0.59
Offering costs (in Dollars) | $								$ 6,780
Minimum [Member]
COMMON STOCK (Details) [Line Items]
Common stock, shares authorize																37,500,000
Maximum [Member]
COMMON STOCK (Details) [Line Items]
Common stock, shares authorize																150,000,000
Private Placement [Member]
COMMON STOCK (Details) [Line Items]
Stock issued during period, shares								319,000
Gross proceeds (in Dollars)					$ 2,000.319	$ 2,517,500		$ 149,930
Common Stock [Member]
COMMON STOCK (Details) [Line Items]
Shares of common stock										500,000
Two-tranche private placement [Member]
COMMON STOCK (Details) [Line Items]
Stock issued during period, shares								319,000
Purchase price per unit (in Dollars per share) | $ / shares								$ 0.47
Gross proceeds (in Dollars) | $								$ 149,930
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 OPTIONS (Details)

STOCK OPTIONS (Details)				1 Months Ended		8 Months Ended	12 Months Ended
	Sep. 12, 2021 shares	Sep. 09, 2021 shares	Feb. 02, 2021 USD ($) $ / shares shares	Feb. 17, 2022 $ / shares shares	Jun. 15, 2021 USD ($) $ / shares shares	Sep. 24, 2021 USD ($)	Oct. 31, 2022 USD ($) $ / shares shares	Oct. 31, 2021 USD ($) $ / shares shares
STOCK OPTIONS (Details) [Line Items]
Contractual term for options							5 years
Options exercised during the period | shares	1,078,125	1,078,125		3,300,000				562,893
Weighted-average grant date fair value of options granted during period | (per share)			$ 0.6	$ 0.14	$ 1.03			$ 0.22
Common stock issued | shares	220,471		228,986		113,436
Share options cancelled | shares	857,654	857,654	280,389		261,564
Exercise price of options granted | shares			509,375		375,000
Intrinsic value (in Dollars)			$ 194,630		$ 136,815
Recognized stock based compensation costs (in Dollars)							$ 305,779
Unrecognized compensation expense (in Dollars)							$ 130,311
Recognized weighted average period							6 months 10 days
Exercise price of options granted (in Dollars per share) | $ / shares							$ 0.24	$ 50
Stock-based compensation costs recognized during the period (in Dollars)						$ 587,505	$ 305,779	$ 587,505
Value Of Share based Compensation Recognized As Personnel Costs For Options Granted To Employees (in Dollars)							$ 9,528
2019 Plan [Member]
STOCK OPTIONS (Details) [Line Items]
Shares outstanding reserved for issuance upon the exercise of options or the grant of stock bonuses percentage							10%
The number of shares authorized under the plan | shares							15,000,000
Minimum [Member]
STOCK OPTIONS (Details) [Line Items]
Vesting period for plan							2 years
Maximum [Member]
STOCK OPTIONS (Details) [Line Items]
Vesting period for plan							3 years
Arras [Member]
STOCK OPTIONS (Details) [Line Items]
Options exercised during the period | shares								5,060,000
Directors fees [Member]
STOCK OPTIONS (Details) [Line Items]
Stock-based compensation costs recognized during the period (in Dollars)							$ 72,356
Options Granted [Member]
STOCK OPTIONS (Details) [Line Items]
Stock-based compensation costs recognized during the period (in Dollars)							$ 223,895

STOCK OPTIONS (Details) - Sched

STOCK OPTIONS (Details) - Schedule of Stock Option Activity	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
STOCK OPTIONS (Details) - Schedule of Stock Option Activity [Line Items]
Expected volatility
Risk-free interest rate
Dividend yield
Expected term (in years)
Minimum [Member]
STOCK OPTIONS (Details) - Schedule of Stock Option Activity [Line Items]
Expected volatility	81%
Risk-free interest rate	1.60%
Expected term (in years)	2 years 6 months
Maximum [Member]
STOCK OPTIONS (Details) - Schedule of Stock Option Activity [Line Items]
Expected volatility	87%
Risk-free interest rate	1.74%
Expected term (in years)	5 years

STOCK OPTIONS (Details) - Sch_2

STOCK OPTIONS (Details) - Schedule of summary of stock option activity for the fiscal years - USD ($)			1 Months Ended	12 Months Ended
	Sep. 12, 2021	Sep. 09, 2021	Feb. 17, 2022	Oct. 31, 2022	Oct. 31, 2021
Schedule Of Summary Of Stock Option Activity For The Fiscal Years Abstract
Shares, Outstanding beginning Balance				43,750	2,043,750
Weighted Average Exercise Price, Outstanding beginning Balance				$ 1.39	$ 0.72
Weighted Average Remaining Contractual Life (Years), Outstanding beginning Balance					1 year 9 months 29 days
Aggregate Intrinsic Value, Outstanding beginning Balance					$ 53,546
Shares, Granted				3,300,000
Weighted Average Exercise Price, Granted				$ 0.24	$ 50
Aggregate Intrinsic Value, Granted
Shares, Exercisable				1,093,750
Weighted Average Exercise Price, Exercisable				$ 0.28
Weighted Average Remaining Contractual Life (Years), Exercisable				4 years 1 month 20 days
Aggregate Intrinsic Value, Exercisable
Shares, Exercised	(1,078,125)	(1,078,125)	(3,300,000)		(562,893)
Weighted Average Exercise Price, Exercised					$ 0.69
Aggregate Intrinsic Value, Exercised
Shares, Cancelled				(150,000)	(1,399,607)
Weighted Average Exercise Price, Cancelled				$ 0.24	$ 0.79
Aggregate Intrinsic Value, Cancelled
Shares, Expired					(37,500)
Weighted Average Exercise Price, Expired					$ 1.65
Aggregate Intrinsic Value, Expired
Shares, Outstanding closing balance				3,193,750	43,750
Weighted Average Exercise Price, Outstanding closing balance				$ 0.23	$ 1.39
Weighted Average Remaining Contractual Life (Years), Outstanding closing balance				4 years 3 months	1 year 3 months 18 days
Aggregate Intrinsic Value, Outstanding closing balance

STOCK OPTIONS (Details) - Sch_3

STOCK OPTIONS (Details) - Schedule of Stock Options Outstanding and Exercisable by Exercise Price Range	12 Months Ended
	Oct. 31, 2022 $ / shares shares
0.25 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Options Outstanding, Exercise price	$ 0.23
Options outstanding, Number Outstanding (in Shares) | shares	3,150,000
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	4 years 3 months 18 days
Options Outstanding, Weighted Average Exercise Price (in Shares) | shares	1,050,000
Options Exercisable, Number Exercisable	$ 0.23
Options Exercisable, Weighted Average Exercise Price	0.23
1.35 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Options Outstanding, Exercise price	$ 1.26
Options outstanding, Number Outstanding (in Shares) | shares	43,750
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	3 months 18 days
Options Outstanding, Weighted Average Exercise Price (in Shares) | shares	43,750
Options Exercisable, Number Exercisable	$ 1.26
Options Exercisable, Weighted Average Exercise Price	$ 1.26

WARRANTS (Details)

WARRANTS (Details) - $ / shares	9 Months Ended	12 Months Ended
	Jul. 31, 2021	Oct. 31, 2022		Oct. 31, 2021	Oct. 31, 2020
WARRANTS (Details) [Line Items]
Weighted average exercise price		$ 0.59		$ 0.47
Private Placement [Member]
WARRANTS (Details) [Line Items]
Number of warrants issued (in Shares)	159,500	1,971,289
Exercise price of warrants	$ 0.59
Warrant [Member]
WARRANTS (Details) [Line Items]
Weighted average exercise price		$ 0.34
Exercise price of warrants		$ 0.59	[1]	$ 0.59	$ 0.59
[1]Pursuant to the Distribution (Note 6), 1,971,289 warrants with a weighted average exercise price of $0.59 are exercisable into one share of common stock of the Company and one common share of Arras. The Company will receive $0.34 of the proceeds from the exercise of each of these warrants and the remaining proceeds will be paid to Arras.

WARRANTS (Details) - Schedule o

WARRANTS (Details) - Schedule of warrant activity - Warrant [Member] - USD ($)		12 Months Ended
	Oct. 31, 2020	Oct. 31, 2022	[1]	Oct. 31, 2021
Class of Warrant or Right [Line Items]
Shares	1,811,789	1,971,289		1,971,289
Weighted Average Exercise Price	$ 0.59	$ 0.59		$ 0.59
Weighted Average Remaining Contractual Life (Years)	4 years 11 months 26 days	2 years 11 months 26 days		3 years 11 months 26 days
Aggregate Intrinsic Value
Issued in the initial tranche of the 2020 Silver Bull Private Placement (Note 11)	195,500
Issued in the initial tranche of the 2020 Silver Bull Private Placement (Note 11)	$ 0.59
[1]Pursuant to the Distribution (Note 6), 1,971,289 warrants with a weighted average exercise price of $0.59 are exercisable into one share of common stock of the Company and one common share of Arras. The Company will receive $0.34 of the proceeds from the exercise of each of these warrants and the remaining proceeds will be paid to Arras.

WARRANTS (Details) - Schedule_2

WARRANTS (Details) - Schedule of warrants outstanding and exercisable	12 Months Ended
	Oct. 31, 2022 $ / shares shares
Schedule Of Warrants Outstanding And Exercisable Abstract
Exercise Price	$ 0.59
Number Outstanding (in Shares) | shares	1,971,289
Weighted Average Remaining Contractual Life (Years)	2 years 11 months 26 days
Weighted Average Exercise Price	$ 0.59

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Income Tax Disclosure [Abstract]
Corporate tax rate	21%	21%
Tax expense	$ 4,520	$ 4,550
Net operating loss carry forwards	20,000,000
Capital loss carryforward	5,000,000
Net operating loss carry-forwards	16,000,000
Valuation allowance for deferred tax assets	$ 10,000,000	$ 11,900,000

INCOME TAXES (Details) - Schedu

INCOME TAXES (Details) - Schedule of Components of Loss before Income Taxes, by Tax Jurisdiction - USD ($)	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
INCOME TAXES (Details) - Schedule of Components of Loss before Income Taxes, by Tax Jurisdiction [Line Items]
Loss before income taxes	$ (3,164,000)	$ (2,443,000)
United States [Member]
INCOME TAXES (Details) - Schedule of Components of Loss before Income Taxes, by Tax Jurisdiction [Line Items]
Loss before income taxes	(766,000)	13,000
Foreign [Member]
INCOME TAXES (Details) - Schedule of Components of Loss before Income Taxes, by Tax Jurisdiction [Line Items]
Loss before income taxes	$ (2,398,000)	$ (2,456,000)

INCOME TAXES (Details) - Sche_2

INCOME TAXES (Details) - Schedule of Components of the Provision for Income Taxes - USD ($)	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Schedule Of Components Of The Provision For Income Taxes Abstract
Current tax expense	$ 4,520	$ 4,550
Deferred tax expense
Net income tax provision	$ 4,520	$ 4,550

INCOME TAXES (Details) - Sche_3

INCOME TAXES (Details) - Schedule Reconciliation of U.S. Statutory Tax Rate to the Provision for Income Tax - USD ($)	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Schedule Reconciliation Of USStatutory Tax Rate To The Provision For Income Tax Abstract
Income tax benefit calculated at U.S. federal income tax rate	$ (665,000)	$ (514,000)
Other permanent differences	524,000	2,766,000
Differences due to foreign income tax rates	(29,000)	(129,000)
Adjustment to prior year taxes	447,000	56,000
Inflation adjustment foreign net operating loss	(797,000)	(323,000)
Foreign currency fluctuations	(51,000)	(227,000)
Decrease in valuation allowance	(1,840,000)	(2,551,000)
Net operating loss carry forwards deconsolidation - Canada		93,000
Net operating loss carry forwards expiration - Mexico	2,416,000	834,000
Net income tax provision	$ 5,000	$ 5,000

INCOME TAXES (Details) - Sche_4

INCOME TAXES (Details) - Schedule of the Components of Deferred Tax Assets - USD ($)	Oct. 31, 2022	Oct. 31, 2021
Schedule Of The Components Of Deferred Tax Assets Abstract
Net operating loss carry forwards – U.S.	$ 5,235,000	$ 5,035,000
Net operating loss carry forwards – Mexico	3,711,000	5,922,000
Exploration costs	961,000	814,000
Other – United States	68,000	46,000
Other – Mexico	44,000	42,000
Total net deferred tax assets	10,019,000	11,859,000
Less: valuation allowance	(10,019,000)	(11,859,000)
Net deferred tax asset

FINANCIAL INSTRUMENTS (Details)

FINANCIAL INSTRUMENTS (Details) - USD ($)	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
FINANCIAL INSTRUMENTS (Details) [Line Items]
Cash balances not insured	$ 10,702	$ 10,239
Effect of a 1% decrease in interest rates on interest income	529
Cash and cash equivalents	886,728	189,607
Current liabilities	342,192	791,319
CDN [Member]
FINANCIAL INSTRUMENTS (Details) [Line Items]
Cash balances not insured	$ 802,761	$ 98,617

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2022	Jan. 31, 2022	Oct. 01, 2020	Feb. 15, 2016	May 20, 2014
Commitments and Contingencies [Abstract]
Net smelter return royalty		2%
Total payments	$ 6,875
Interest rate per annum					6%
Agreement payment amount			$ 5,000	$ 5,900

SEGMENT INFORMATION (Details) -

SEGMENT INFORMATION (Details) - Schedule of geographic information - USD ($)	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Net loss
Net Loss	$ (3,168,000)	$ (2,448,000)
Mexico [Member]
Net loss
Net Loss	(2,397,000)	(400,000)
Kazakhstan [Member]
Net loss
Net Loss		(642,000)
Canada [Member]
Net loss
Net Loss	$ (771,000)	$ (1,406,000)

SEGMENT INFORMATION (Details)_2

SEGMENT INFORMATION (Details) - Schedule of the allocation of assets by segment - USD ($)	Oct. 31, 2022	Oct. 31, 2021
Segment Reporting, Asset Reconciling Item [Line Items]
Cash and cash equivalents	$ 887,000	$ 190,000
Value-added tax receivable, net	127,000	121,000
Other receivables	3,000	7,000
Prepaid expenses and deposits	49,000	196,000
Investments		1,167,000
Due from related party	23,000
Office and mining equipment, net	144,000	164,000
Property concessions	5,020,000	5,020,000
Goodwill		2,058,000
Total assets	6,253,000	8,923,000
Canada [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Cash and cash equivalents	876,000	180,000
Value-added tax receivable, net
Other receivables	3,000	3,000
Prepaid expenses and deposits	45,000	96,000
Investments		1,167,000
Due from related party	23,000
Office and mining equipment, net
Property concessions
Goodwill
Total assets	947,000	1,370,000
Mexico [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Cash and cash equivalents	11,000	10,000
Value-added tax receivable, net	127,000	121,000
Other receivables		4,000
Prepaid expenses and deposits	4,000	100,000
Investments
Due from related party
Office and mining equipment, net	144,000	164,000
Property concessions	5,020,000	5,020,000
Goodwill		2,058,000
Total assets	$ 5,306,000	$ 7,477,000

SEGMENT INFORMATION (Details)_3

SEGMENT INFORMATION (Details) - Schedule of allocation of exploration and property holding costs for the exploration properties - USD ($)	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Exploration and property holding costs for the year
Exploration and property holding costs for the period	$ (2,392,000)	$ (978,000)
Mexico [Member]
Exploration and property holding costs for the year
Exploration and property holding costs for the period	(2,392,000)	(338,000)
Kazakhstan [Member]
Exploration and property holding costs for the year
Exploration and property holding costs for the period		$ (640,000)