Uranium Energy (UEC) 10-Q 11 Dec 17 2018 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Oct. 31, 2017	Dec. 06, 2017
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Oct. 31, 2017
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Entity Registrant Name	URANIUM ENERGY CORP
Entity Central Index Key	1,334,933
Current Fiscal Year End Date	--07-31
Entity Filer Category	Accelerated Filer
Trading Symbol	UEC
Entity Common Stock, Shares Outstanding		156,150,568

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Oct. 31, 2017	Jul. 31, 2017
CURRENT ASSETS
Cash and cash equivalents	$ 9,952,105	$ 12,575,973
Short-term investments	8,603,700	10,000,000
Inventories	211,662	211,662
Prepaid expenses and deposits	1,304,636	685,992
Other current assets	102,068	117,770
Total Current Assets	20,174,171	23,591,397
MINERAL RIGHTS AND PROPERTIES	64,534,247	38,931,976
PROPERTY, PLANT AND EQUIPMENT	7,140,701	6,791,182
RECLAMATION DEPOSITS	1,780,001	1,706,028
EQUITY-ACCOUNTED INVESTMENT	260,465	151,676
OTHER LONG-TERM ASSETS	634,362	1,004,975
Total Assets	94,523,947	72,177,234
CURRENT LIABILITIES
Accounts payable and accrued liabilities	1,542,020	2,446,854
Due to related parties	3,258	768
Total Current Liabilities	1,545,278	2,447,622
DEFERRED INCOME TAX LIABILITIES	1,263,246	609,470
LONG-TERM DEBT	19,552,257	19,254,835
ASSET RETIREMENT OBLIGATIONS	3,857,977	3,729,902
Total Liabilities	26,218,758	26,041,829
STOCKHOLDERS' EQUITY
Capital stock Common stock $0.001 par value: 750,000,000 shares authorized, 155,954,055 shares issued and outstanding (July 31, 2017 - 139,815,214)	155,954	139,815
Additional paid-in capital	300,044,396	272,697,152
Share issuance obligation	0	638,142
Accumulated deficit	(231,880,842)	(227,325,002)
Accumulated other comprehensive loss	(14,319)	(14,702)
Total Stockholders' Equity	68,305,189	46,135,405
Total Liabilities and Stockholders' Equity	94,523,947	72,177,234
COMMITMENTS AND CONTINGENCIES

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Oct. 31, 2017	Jul. 31, 2017
Common Stock, Par Value (in dollars per share)	$ 0.001	$ 0.001
Common Stock, Shares Authorized	750,000,000	750,000,000
Common Stock, Shares Issued	155,954,055	139,815,214
Common Stock, Shares Outstanding	155,954,055	139,815,214

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
COSTS AND EXPENSES
Mineral property expenditures	$ 1,676,700	$ 890,118
General and administrative	2,254,962	2,282,238
Depreciation, amortization and accretion	90,335	151,352
Impairment loss on mineral properties	0	143,168
Inventory write-down	0	60,694
Total Operating Expenses	4,021,997	3,527,570
LOSS FROM OPERATIONS	(4,021,997)	(3,527,570)
OTHER INCOME (EXPENSES)
Interest income	62,982	4,163
Interest expenses and finance costs	(740,292)	(738,103)
Other income	25,490	0
Share of gain from equity-accounted investment	108,789	0
Total Non-Operating Income Expense	(543,031)	(733,940)
LOSS BEFORE INCOME TAXES	(4,565,028)	(4,261,510)
DEFERRED INCOME TAX BENEFIT	9,188	8,816
NET LOSS FOR THE PERIOD	(4,555,840)	(4,252,694)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF INCOME TAXES	383	(40)
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD	$ (4,555,457)	$ (4,252,734)
NET LOSS PER SHARE, BASIC AND DILUTED	$ (0.03)	$ (0.04)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED	154,133,517	117,099,921

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
CASH PROVIDED BY (USED IN): OPERATING ACTIVITIES
Net loss for the period	$ (4,555,840)	$ (4,252,694)
Adjustments to reconcile net loss to cash flows in operating activities
Stock-based compensation	640,679	985,261
Depreciation, amortization and accretion	90,335	151,352
Amortization of long-term debt discount	297,422	295,329
Impairment loss on mineral properties	0	143,168
Inventory write-down	0	60,694
Deferred income tax benefit	(9,188)	(8,816)
Share of gain from equity-accounted investment	(108,789)	0
Reimbursable Expenses for Reno Creek Acquisition	483,829	0
Changes in operating assets and liabilities
Inventories	0	2,960
Prepaid expenses and deposits	(138,375)	(471,806)
Other current assets	16,085	17,795
Accounts payable and accrued liabilities	(853,734)	225,987
NET CASH FLOWS USED IN OPERATING ACTIVITIES	(4,137,576)	(2,850,770)
FINANCING ACTIVITIES
Shares issuance for cash, net of issuance costs	0	36,000
Due to a related party	2,490	0
NET CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	2,490	36,000
INVESTING ACTIVITIES
Net cash received from asset acquisition	215,065	0
Purchase of property, plant and equipment	(2,311)	0
Increase in other long-term assets	(97,836)	0
Purchase of short-term investments	(8,603,700)	0
Redemption of short-term investments	10,000,000	0
NET CASH FLOWS PROVIDED BY INVESTING ACTIVITIES	1,511,218	0
NET CASH FLOWS	(2,623,868)	(2,814,770)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	12,575,973	7,142,571
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 9,952,105	$ 4,327,801

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - 3 months ended Oct. 31, 2017 - USD ($)		Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Share Issuance Obligation [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Loss [Member]
Balance at Jul. 31, 2017		$ 46,135,405	$ 139,815	$ 272,697,152	$ 638,142	$ (227,325,002)	$ (14,702)
Balance (in shares) at Jul. 31, 2017			139,815,124
Common stock Issued upon exercise of stock options			$ 67	(67)	0	0	0
Common stock Issued upon exercise of stock options (in shares)	[1]		66,516
Common stock Issued for Reno Creek Acquisition		20,332,617	$ 14,853	20,317,764	0	0	0
Common stock Issued for Reno Creek Acquisition (in shares)			14,852,450
Common stock Issued for Reimbursable Expenses for Reno Creek Acquisition		483,829	$ 353	483,476	0	0	0
Common stock Issued for Reimbursable Expenses for Reno Creek Acquisition (in shares)			353,160
Common stock Issued for mineral property		61,820	$ 46	61,774	0	0	0
Common stock Issued for mineral property (in shares)			46,134
Common stock Issued for settlement of liabilities		141,678	$ 105	141,573	0	0	0
Common stock Issued for settlement of liabilities (in shares)			104,706
Stock-based compensation Common stock issued for consulting services		192,403	$ 124	192,279	0	0	0
Stock-based compensation Common stock issued for consulting services (in shares)			124,469
Stock-based compensation Common stock issued under Stock Incentive Plan		147,187	$ 591	784,738	(638,142)	0	0
Stock-based compensation Common stock issued under Stock Incentive Plan (in shares)			591,496
Stock-based compensation Stock options issued to consultants		(169)	$ 0	(169)	0	0	0
Stock-based compensation Stock options issued to management		94,331	0	94,331	0	0	0
Stock-based compensation Stock options issued to employees		182,617	0	182,617	0	0	0
Warrants Issued in connection with Reno Creek Acquisition		5,088,928	0	5,088,928	0	0	0
Net loss for the period		(4,555,840)	0	0	0	(4,555,840)	0
Other comprehensive income		383	0	0	0	0	383
Balance at Oct. 31, 2017		$ 68,305,189	$ 155,954	$ 300,044,396	$ 0	$ (231,880,842)	$ (14,319)
Balance (in shares) at Oct. 31, 2017			155,954,055
[1]	111,250 stock options were exercised on a forfeiture basis, resulting in 66,516 net shares being issued.

NATURE OF OPERATIONS

NATURE OF OPERATIONS	3 Months Ended
	Oct. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1: NATURE OF OPERATIONS Uranium Energy Corp. was incorporated in the State of Nevada on May 16, 2003. Uranium Energy Corp. and its subsidiary companies and a controlled partnership (collectively, the “Company” or “we”) are engaged in uranium and titanium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates and titanium minerals, on projects located in the United States and Paraguay. Although planned principal operations have commenced from which significant revenues from sales of uranium concentrates were realized for the fiscal years ended July 31, 2015 (“Fiscal 2015”), July 31, 2013 (“Fiscal 2013”) and July 31, 2012 (“Fiscal 2012”), we have yet to achieve profitability and have had a history of operating losses resulting in an accumulated deficit balance since inception. No revenue from uranium sales was realized for the three months ended October 31, 2017, or for the fiscal years ended July 31, 2017 (“Fiscal 2017”), July 31, 2016 (“Fiscal 2016”) and July 31, 2014 (“Fiscal 2014”). Historically, we have been reliant primarily on equity financings from the sale of its common stock and, during Fiscal 2014 and Fiscal 2013, on debt financing in order to fund our operations, and this reliance is expected to continue for the foreseeable future. At October 31, 2017, we had working capital of $18.6 million including cash and cash equivalents of approximately $10.0 million and short-term investments of approximately $8.6 million. The existing cash resources as at October 31, 2017 are expected to provide sufficient funds to carry out our planned operations for the next 12 months from the date that the condensed consolidated financial statements are issued. Our continuation as a going concern for a period beyond 12 months will be dependent upon our ability to obtain adequate additional financing, as our operations are capital intensive and future capital expenditures are expected to be substantial. Our continued operations, including the recoverability of the carrying values of our assets, are dependent ultimately on our ability to achieve and maintain profitability and positive cash flow from our operations.

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Oct. 31, 2017
Accounting Policies [Abstract]
Business Description and Basis of Presentation [Text Block]	NOTE 2: BASIS OF PRESENTATION The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) for interim financial information and are presented in U.S. dollars. Accordingly, they do not include all of the information and footnotes required under U.S. GAAP for complete financial statements. These unaudited interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in our Annual Report on Form 10-K for the Fiscal 2017. In the opinion of management, all adjustments of a normal recurring nature and considered necessary for a fair presentation, have been made. Operating results for the three months ended October 31, 2017, are not necessarily indicative of the results that may be expected for the fiscal year ending July 31, 2018 (“Fiscal 2018”). Exploration Stage We have established the existence of mineralized materials for certain uranium projects, including for the Palangana Mine. We have not established proven or probable reserves, as defined by the United States Securities and Exchange Commission (the “SEC”) under Industry Guide 7, through the completion of a “final” or “bankable” feasibility study for any of our uranium projects, including the Palangana Mine. Furthermore, we have no plans to establish proven or probable reserves for any of our uranium projects for which we plan on utilizing in-situ recovery (“ISR”) mining, such as the Palangana Mine. As a result, and despite the fact that we commenced extraction of mineralized materials at the Palangana Mine in November 2010, we remain in the Exploration Stage as defined under Industry Guide 7, and will continue to remain in the Exploration Stage until such time proven or probable reserves have been established. Since we commenced the extraction of mineralized materials at the Palangana Mine without having established proven or probable reserves, any mineralized materials established or extracted from the Palangana Mine should not in any way be associated with having established or produced from proven or probable reserves. In accordance with U.S. GAAP, expenditures relating to the acquisition of mineral rights are initially capitalized as incurred while exploration and pre-extraction expenditures are expensed as incurred until such time we exit the Exploration Stage by establishing proven or probable reserves. Expenditures relating to exploration activities such as drilling programs to establish mineralized materials are expensed as incurred. Expenditures relating to pre-extraction activities such as the construction of mine wellfields, ion exchange facilities and disposal wells are expensed as incurred until such time proven or probable reserves are established for that project, after which expenditures relating to mine development activities for that particular project are capitalized as incurred. Companies in the Production Stage as defined under Industry Guide 7, having established proven and probable reserves and exited the Exploration Stage, typically capitalize expenditures relating to ongoing development activities, with corresponding depletion calculated over proven and probable reserves using the units-of-production method and allocated to future reporting periods to inventory and, as that inventory is sold, to cost of goods sold. We are in the Exploration Stage which has resulted in us reporting larger losses than if it had been in the Production Stage due to the expensing, rather than capitalizing, of expenditures relating to ongoing mill and mine development activities. Additionally, there would be no corresponding amortization allocated to future reporting periods of our Company since those costs would have been expensed previously, resulting in both lower inventory costs and cost of goods sold and results of operations with higher gross profits and lower losses than if we had been in the Production Stage. Any capitalized costs, such as expenditures relating to the acquisition of mineral rights, are depleted over the estimated extraction life using the straight-line method. As a result, our consolidated financial statements may not be directly comparable to the financial statements of companies in the Production Stage.

PREPAID EXPENSES AND DEPOSITS

PREPAID EXPENSES AND DEPOSITS	3 Months Ended
	Oct. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses And Deposit [Text Block]	NOTE 3: PREPAID EXPENSES AND DEPOSITS At October 31, 2017, prepaid expenses and deposits consisted of the following: October 31, 2017 July 31, 2017 Prepaid Property Renewal Fees $ 581,913 $ 189,845 Prepaid Insurance 193,497 91,073 Prepaid Listing and Subscriptions 47,070 60,289 Prepaid License Fees 164,542 16,389 Prepaid Surety Bond Premium 9,738 38,952 Deposits and Expense Advances 92,860 86,439 Other Prepaid Expenses 215,016 203,005 $ 1,304,636 $ 685,992

ACQUISITION OF RENO CREEK PROJE

ACQUISITION OF RENO CREEK PROJECT	3 Months Ended
	Oct. 31, 2017
Asset Acquisition [Abstract]
Business Combination Disclosure [Text Block]	NOTE 4: ACQUISITION OF RENO CREEK PROJECT On August 9, 2017,we completed the acquisition of all of the issued and outstanding shares of Reno Creek Holdings Inc. (“RCHI”) and, indirectly thereby, 100% of its fully permitted Reno Creek in-situ recovery uranium project (the “Reno Creek Project”) located in the Powder River Basin, Wyoming, from each of the Pacific Roads Resources Funds (collectively, “PRRF”; as to 97.27% of RCHI) and Bayswater Holdings Inc. (as to the remaining 2.73% of RCHI; and, collectively with PRRF, the “Reno Creek Vendors”), in accordance with the terms and conditions of a certain Share Purchase Agreement, dated May 9, 2017, as amended by a certain Amending Agreement, dated August 7, 2017 (collectively, the “Share Purchase Agreement”; and, collectively, the “Reno Creek Acquisition”). Pursuant to the terms of the original Share Purchase Agreement, we agreed to reimburse all costs and expenses (the “Reimbursable Expenses”) incurred by RCHI and its subsidiaries in the ordinary course of business from the effective date of the Share Purchase Agreement to closing, and, pursuant to the Amending Agreement, we also agreed with that the amount to be distributed from RCHI’s subsidiaries to RCHI at closing totalled $ , which was comprised of the Reimbursable Expenses and the amount of cash on hand held by RCHI’s subsidiaries at the time. In connection with the completion of the Reno Creek Acquisition, we paid the following consideration: ⋅ a cash payment of $909,930; ⋅ 14,392,927 shares of the Company; ⋅ an additional 241,821 shares at a deemed price of $1.406 per share in settlement of certain insurance costs of $340,000 incurred by the Company and RCHI at closing; ⋅ 11,308,728 warrants of the Co mpany (each a “Warrant”), with each Warrant entitling the holder to acquire one share of the Company at an exercise price of $2.30 per share for a period of five years from the date of issuance. The Warrants have an accelerator clause which provides that, in the event that the closing price of the shares of the Company on its principally traded exchange is equal to or greater than $4.00 per share for a period of 20 consecutive trading days, the Company may accelerate the expiry date of the Warrants to within 30 days by providing written notice to the holders; ⋅ a 0.5% net profits interest royalty, capped at $2.5 million; and ⋅ transaction costs of $779,509, of which $283,013 was paid by issuance of 217,702 shares. In connection with the Reno Creek Acquisition, we also issued 353,160 common shares in settlement of the Reimbursable Expenses totalling $483,829, which was included in the mineral property expenditures on the condensed consolidated financial statements for the three months ended October 31, 2017. In accordance with ASC 360: Property, Plant and Equipment, the Reno Creek Acquisition was accounted for as an asset acquisition as it was determined that the operations of the Reno Creek Project do not meet the definition of a business as defined in ASC 805: Business Combinations. The fair value of the consideration paid and the allocation to the identifiable assets acquired and liabilities assumed are summarized as follows: Consideration paid 14,634,748 UEC common shares at $1.37 per share $ 20,049,605 11,308,728 UEC share purchase warrants at $0.45 per warrant 5,088,928 Cash payment 909,930 Transaction costs 779,509 $ 26,827,972 Assets acquired and liabilities assumed Cash and cash equivalents $ 1,247,170 Prepaid expenses 319,874 Reclamation deposits 73,973 Land & buildings 370,085 Mineral rights & properties 25,553,807 Asset retirement obligations (73,973) Deferred tax liabilities (662,964) $ 26,827,972 The Reno Creek Project is comprised of U.S. federal mineral lode claims, state mineral leases, and various private mineral leases, and surface use agreements which grant us the exclusive right to explore, develop and mine for uranium on a 19,437 -

MINERAL RIGHTS AND PROPERTIES

MINERAL RIGHTS AND PROPERTIES	3 Months Ended
	Oct. 31, 2017
Mineral Industries Disclosures [Abstract]
Mineral Industries Disclosures [Text Block]	NOTE 5: MINERAL RIGHTS AND PROPERTIES Mineral Rights At October 31, 2017, we had mineral rights in the States of Arizona, Colorado, New Mexico, Wyoming and Texas and in the Republic of Paraguay. These mineral rights were acquired through staking, purchase or lease agreements and are subject to varying royalty interests, some of which are indexed to the sale price of uranium and titanium. At October 31, 2017, annual maintenance payments of approximately $1,719,000 will be required to maintain these mineral rights. Mineral rights and property acquisition costs consisted of the following: October 31, 2017 July 31, Mineral Rights and Properties Palangana Mine $ 6,285,898 $ 6,285,898 Goliad Project 8,689,127 8,689,127 Burke Hollow Project 1,495,750 1,495,750 Longhorn Project 116,870 116,870 Salvo Project 14,905 14,905 Anderson Project 9,154,268 9,154,268 Workman Creek Project 1,582,500 1,520,680 Los Cuatros Project 257,250 257,250 Slick Rock Project 615,650 615,650 Reno Creek Project 25,553,807 - Yuty Project 11,947,144 11,947,144 Oviedo Project 1,133,412 1,133,412 Alto Paraná Titanium Project 1,433,030 1,433,030 Other Property Acquisitions 91,080 91,080 68,370,691 42,755,064 Accumulated Depletion (3,929,884) (3,929,884) 64,440,807 38,825,180 Databases 2,410,038 2,410,038 Accumulated Amortization (2,395,445) (2,392,196) 14,593 17,842 Land Use Agreements 404,310 404,310 Accumulated Amortization (325,463) (315,356) 78,847 88,954 $ 64,534,247 $ 38,931,976 We have not established proven or probable reserves, as defined by the SEC under Industry Guide 7, for any of our mineral projects. We have established the existence of mineralized materials for certain mineral projects, including the Palangana Mine. Since we commenced uranium extraction at the Palangana Mine without having established proven or probable reserves, there may be greater inherent uncertainty as to whether or not any mineralized material can be economically extracted as originally planned and anticipated. During the three months ended October 31, 2017, we issued 46,134 restricted shares with a fair value of $61,820 as an advance royalty payment for the Workman Creek Project, which was capitalized as Mineral Rights & Properties on the consolidated balance sheet as at October 31, 2017. During the three months ended October 31, 2016, we abandoned certain non-core mineral interests at projects located in Arizona, Colorado and New Mexico with a combined acquisition cost of $143,168. As a result, an impairment loss on mineral properties of $143,168 was reported on the condensed consolidated statements of operations for the three months ended October 31, 2016. During the three months ended October 31, 2017 and 2016, we continued with reduced operations at the Palangana Mine to capture residual uranium only. As a result, no depletion for the Palangana Mine was recorded on the condensed consolidated financial statements for the three months ended October 31, 2017 and 2016, respectively. Mineral property expenditures incurred by major projects were as follows: Three Months Ended October 31, 2017 2016 Mineral Property Expenditures Palangana Mine $ 239,315 $ 201,372 Goliad Project 22,816 30,030 Burke Hollow Project 334,237 39,641 Longhorn Project 2,808 147 Salvo Project 6,934 8,166 Anderson Project 15,457 15,234 Workman Creek Project 8,283 8,248 Slick Rock Project 13,613 12,346 Reno Creek Project 723,390 - Yuty Project 90,968 89,675 Oviedo Project 62,196 146,668 Alto Paraná Titanium Project 39,611 112,768 Other Mineral Property Expenditures 117,072 225,823 $ 1,676,700 $ 890,118 During the three months ended October 31, 2017, and in connection with the Reno Creek Acquisition, we issued 353,160 restricted shares as settlement of the Reimbursable Expenses totalling $483,829, which was included in the mineral property expenditures on the condensed consolidated statements of operations for the three months ended October 31, 2017. Refer to Note 4: Acquisition of Reno Creek Project.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	3 Months Ended
	Oct. 31, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 6: PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consisted of the following: October 31, 2017 July 31, 2017 Cost Accumulated Net Book Cost Accumulated Net Book Hobson Processing Facility $ 6,819,088 $ (773,933) $ 6,045,155 $ 6,819,088 $ (773,933) $ 6,045,155 Mining Equipment 2,438,681 (2,390,575) 48,106 2,438,681 (2,378,737) 59,944 Logging Equipment and Vehicles 1,971,742 (1,831,764) 139,978 1,971,742 (1,825,389) 146,353 Computer Equipment 585,291 (568,209) 17,082 582,980 (565,223) 17,757 Furniture and Fixtures 170,701 (168,389) 2,312 170,701 (168,248) 2,453 Land and Buildings 889,605 (1,537) 888,068 519,520 - 519,520 $ 12,875,108 $ (5,734,407) $ 7,140,701 $ 12,502,712 $ (5,711,530) $ 6,791,182 During the three months ended October 31, 2017 and 2016, no uranium concentrate was processed at the Hobson Processing Facility due to the reduced operations at the Palangana Mine. As a result, no depreciation for the Hobson Processing Facility was recorded on the consolidated financial statements for the three months ended October 31, 2017 and 2016, respectively. During the three months ended October 31, 2017, in connection with the Reno Creek Acquisition, we acquired certain buildings with total acquisition costs of $297,518, which will be depreciated over the estimated useful life of 20 years using the straight line method.

EQUITY-ACCOUNTED INVESTMENTS

EQUITY-ACCOUNTED INVESTMENTS	3 Months Ended
	Oct. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures Disclosure [Text Block]	NOTE 7: EQUITY-ACCOUNTED INVESTMENTS We acquired a total of 2,000,000 shares of Uranium Royalty Corp. (“URC”), a private entity investing in the uranium sector, for a total consideration of $151,676. In addition, one of our officers was appointed as a member of the board of directors of URC. As at October 31, 2017, we own a 14.5% interest in URC and certain of our officers collectively own an additional 11.6% interest in URC. As a result, our ability to exercise significant influence over URC’s operating and financing policies continues to exist as at October 31, 2017. During the three months ended October 31, 2017, the change in fair value of the investment in URC is summarized as below: Balance, July 31, 2017 $ 151,676 Share of loss from URC (20,367) Gain on ownership interest dilution 129,156 Balance, October 31, 2017 $ 260,465

DUE TO RELATED PARTIES AND RELA

DUE TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS	3 Months Ended
	Oct. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 8: DUE TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS During the three months ended October 31, 2017 and 2016, we incurred $37,311 and $35,115, respectively, in general and administrative costs paid to Blender Media Inc. (“Blender”), a company controlled by Arash Adnani, the brother of our President and Chief Executive Officer, for various services including information technology, corporate branding, media, website design, maintenance and hosting, provided to the Company. During the three months ended October 31, 2017 and 2016, we issued 104,706 and 88,822 restricted common shares with a fair value of $141,678 and $91,488, respectively, as settlement of the equivalent amounts owed to Blender. At October 31, 2017, the amount owing to Blender was $3,258 (July 31, 2017: $768).

LONG-TERM DEBT

LONG-TERM DEBT	3 Months Ended
	Oct. 31, 2017
Debt Disclosure [Abstract]
Long-term Debt [Text Block]	NOTE 9: LONG-TERM DEBT As at October 31, 2017, long-term debt consisted of the following: October 31, 2017 July 31, 2017 Principal amount $ 20,000,000 $ 20,000,000 Unamortized discount (447,743) (745,165) Long-term debt, net of unamortized discount $ 19,552,257 $ 19,254,835 For the three months ended October 31, 2017 and 2016, the amortization of debt discount totaled $297,422 and $295,329, respectively, which was recorded as interest expense and included in the condensed consolidated statements of operations and comprehensive income. The aggregate yearly maturities of the long-term debt based on principal amounts outstanding at October 31, 2017, are as follows: Fiscal 2018 $ - Fiscal 2019 10,000,000 Fiscal 2020 10,000,000 Total $ 20,000,000

ASSET RETIREMENT OBLIGATIONS

ASSET RETIREMENT OBLIGATIONS	3 Months Ended
	Oct. 31, 2017
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligation Disclosure [Text Block]	NOTE 10: ASSET RETIREMENT OBLIGATIONS The asset retirement obligations (“ARO”) relate to future remediation and decommissioning activities at our Palangana Mine, Hobson Processing Facility, Reno Creek Project and Alto Paraná Titanium Project . Balance, July 31, 2017 $ 3,729,902 Accretion 54,102 Assumed from Reno Creek Acquisition 73,973 Balance, October 31, 2017 $ 3,857,977 The estimated amounts and timing of cash flows and assumptions used for ARO estimates are as follows: October 31, 2017 July 31, 2017 Undiscounted amount of estimated cash flows $ 7,275,504 $ 7,098,581 Payable in years 5.0 to 17 5.0 to 17 Inflation rate 1.37% to 2.14% 1.37% to 2.14% Discount rate 5.48% to 6.40% 5.48% to 6.40% The undiscounted amounts of estimated cash flows for the next five fiscal years and beyond are as follows: Fiscal 2018 $ - Fiscal 2019 - Fiscal 2020 - Fiscal 2021 - Fiscal 2022 148,391 Remaining balance 7,127,113 $ 7,275,504

CAPITAL STOCK

CAPITAL STOCK	3 Months Ended
	Oct. 31, 2017
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 11: CAPITAL STOCK Share Transactions A summary of the share transactions for the three months ended October 31, 2017 are as follows: Common Value per Share Issuance Period / Description Shares Issued Low High Value Balance, July 31, 2017 139,815,124 Mineral Property 46,134 $ 1.34 $ 1.34 $ 61,820 Reno Creek Acquisition 14,852,450 1.30 1.37 20,332,617 Reimbursable Expenses for Reno Creek Acquisition 353,160 1.37 1.37 483,829 Consulting Services 124,469 1.19 1.73 192,403 Options Exercised (1) 66,516 0.45 0.93 31,860 Settlement of Current Liabilities 104,706 1.35 1.35 141,678 Shares Issued Under Stock Incentive Plan 591,496 1.28 1.60 785,329 Balance, October 31, 2017 155,954,055 (1) Share Purchase Warrants A summary of share purchase warrants outstanding and exercisable at October 31, 2017 are as follows: Weighted Number of Warrants Expiry Date Weighted Average $ 1.20 4,604,631 March 10, 2019 1.36 1.35 2,600,000 January 30, 2020 2.25 1.95 50,000 June 3, 2018 0.59 2.00 9,571,929 January 20, 2020 2.22 2.30 11,308,728 August 9, 2022 4.77 2.35 2,850,000 June 25, 2018 0.65 $ 1.97 30,985,288 2.88 During the three months ended October 31, 2017, in connection with the Reno Creek Acquisition, we issued 11,308,728 Warrants, with each Warrant entitling the holder to acquire one share of the Company at an exercise price of $2.30 per share for a period of five years from the date of issuance. Refer to Note 4: Acquisition of Reno Creek Project. Stock Options At October 31, 2017, we had one stock option plan, the 2017 Stock Incentive Plan (the “2017 Plan”). The 2017 Plan provides for not more than 22,439,420 shares of the Company that may be issued and consists of (i) 12,305,500 shares issuable pursuant to awards previously granted that were outstanding under the 2016 Stock Incentive Plan (the “2016 Plan”); (ii) 4,133,920 shares remaining available for issuance under the 2016 Plan; and (iii) 6,000,000 additional shares that may be issued pursuant to awards that may be granted under the 2017 Plan. The 2017 Plan superseded and replaced our 2016 Plan, which superseded and replaced our prior 2015, 2014, 2013, 2009 and 2006 Stock Incentive Plans (collectively the “Stock Incentive Plan”), such that no further shares are issuable under those prior plans. During the three months ended October 31, 2017, we granted stock options under the Stock Incentive Plan to certain directors, officers, employees and consultants to purchase a total of 1,854,000 shares of the Company exercisable at $1.28 per share with a term five years. The majority of these stock options are subject to a 24-month vesting provision whereby at the end of the first three and six months after the grant date, 12.5% of the total stock options become exercisable, and whereby at the end of each of 12, 18 and 24 months after the grant date, 25% of the total stock options become exercisable. A summary of stock options granted by the Company during the three months ended October 31, 2017, including corresponding grant date fair values and assumptions using the Black Scholes option pricing model is as follows: Date Options Exercise Term Fair Expected Risk-Free Dividend Expected August 22, 2017 1,754,000 $ 1.28 5.00 $ 1,112,090 3.10 1.49 % 0.00 % 73.68 % August 22, 2017 100,000 1.28 5.00 67,998 2.90 1.46 % 0.00 % 83.16 % Total 1,854,000 $ 1,180,088 A continuity schedule of outstanding stock options for the underlying shares for the three months ended October 31, 2017 is as follows: Number of Stock Weighted Average Balance, July 31, 2017 12,260,500 $ 1.33 Granted 1,854,000 1.28 Exercised (111,250) 0.50 Balance, October 31, 2017 14,003,250 $ 1.33 At October 31, 2017, the aggregate intrinsic value under the provisions of ASC 718 of all outstanding stock options was estimated at $741,003 (vested: $741,003 and unvested: $Nil). At October 31, 2017, unrecognized stock-based compensation expense related to the unvested portion of stock options granted under the Stock Incentive Plan totaled $903,486 to be recognized over the next 1.10 years. A summary of stock options outstanding and exercisable at October 31, 2017 is as follows: Options Outstanding Options Exercisable Range of Outstanding at Weighted Weighted Average Exercisable at Weighted Weighted Average $0.45 to $1.06 2,869,250 $ 0.80 2.71 2,419,125 $ 0.78 2.51 $1.07 to $2.00 9,861,500 1.29 2.64 7,822,500 1.29 2.08 $2.01 to $3.86 1,272,500 2.89 2.67 1,272,500 2.89 2.67 14,003,250 $ 1.33 2.65 11,514,125 $ 1.36 2.24 Stock-Based Compensation A summary of stock-based compensation expense is as follows: Three Months Ended October 31, 2017 2016 Stock-Based Compensation for Consultants Common stock issued for consulting services $ 281,179 $ 269,132 Stock options issued to consultants (169) 78,272 281,010 347,404 Stock-Based Compensation for Management Common stock issued to management 35,014 88,200 Stock options issued to management 94,331 245,019 129,345 333,219 Stock-Based Compensation for Employees Common stock issued to employees 175,322 110,346 Stock options issued to employees 182,617 194,292 357,939 304,638 Settlement of share issuance obligation (127,615) - $ 640,679 $ 985,261 On August 22, 2017, we issued 398,839 shares with a fair value of $510,529 under the Stock Incentive Plan as settlement of the share issuance obligations totaling $638,142, which represented the fair value of the Fiscal 2017 share bonuses made by the Company as at July 31, 2017 under the Stock Incentive Plan. The change in fair value of $127,615 between the measurement date of July 31, 2017 and the issuance date of August 22, 2017 was recorded as a credit to the stock-based compensation for the three months ended October 31, 2017.

LOSS PER SHARE

LOSS PER SHARE	3 Months Ended
	Oct. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	NOTE 12: LOSS PER SHARE The following table reconciles the weighted average number of shares used in the calculation of the basic and diluted loss per share: Three Months Ended October 31, 2017 2016 Numerator Net Loss for the Period $ (4,555,840) $ (4,252,694) Denominator Basic Weighted Average Number of Shares 154,133,517 117,099,921 Dilutive Stock Options and Warrants - - Diluted Weighted Average Number of Shares 154,133,517 117,099,921 Net Loss per Share, Basic and Diluted $ (0.03) $ (0.04) For the three months ended October 31, 2017 and 2016, all outstanding stock options and share purchase warrants were excluded from the calculation of the diluted loss per share since we reported net losses for those periods and their effects would be anti-dilutive.

SEGMENTED INFORMATION

SEGMENTED INFORMATION	3 Months Ended
	Oct. 31, 2017
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 13: SEGMENTED INFORMATION We currently operate in two reportable segments, which are uranium and titanium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium and titanium minerals. At October 31, 2017, the long-term assets located in the United States totaled $59,207,031 or 80% of our total long-term assets of $74,349,776. The table below provides a breakdown of the long-term assets by geographic segments: October 31, 2017 United States Balance Sheet Items Texas Arizona Wyoming Other States Canada Paraguay Total Mineral Rights and Properties $ 12,767,622 $ 10,994,018 $ 25,553,807 $ 705,215 $ - $ 14,513,585 $ 64,534,247 Property, Plant and Equipment 6,402,159 - 369,847 - 10,022 358,673 7,140,701 Reclamation Deposits 1,690,209 15,000 74,792 - - - 1,780,001 Equity-Accounted Investment - - - - 260,465 - 260,465 Other Long-Term Assets 328,642 - 305,720 - - - 634,362 Total Long-Term Assets $ 21,188,632 $ 11,009,018 $ 26,304,166 $ 705,215 $ 270,487 $ 14,872,258 $ 74,349,776 July 31, 2017 United States Balance Sheet Items Texas Arizona Wyoming Other States Canada Paraguay Total Mineral Rights and Properties $ 12,780,728 $ 10,932,199 $ - $ 705,464 $ - $ 14,513,585 $ 38,931,976 Property, Plant and Equipment 6,414,329 - - - 11,185 365,668 6,791,182 Reclamation Deposits 1,690,209 15,000 - 819 - - 1,706,028 Equity-Accounted Investment - - - - 151,676 - 151,676 Other Long-Term Assets 422,769 - 582,206 - - - 1,004,975 Total Long-Term Assets $ 21,308,035 $ 10,947,199 $ 582,206 $ 706,283 $ 162,861 $ 14,879,253 $ 48,585,837 The tables below provide a breakdown of our operating results by geographic segments for the three months ended October 31, 2017 and 2016. All intercompany transactions have been eliminated. Three Months Ended October 31, 2017 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 716,624 $ 23,740 $ 723,391 $ 20,170 $ - $ 192,775 $ 1,676,700 General and administrative 1,453,871 3,389 32,432 1,122 695,927 68,221 2,254,962 Depreciation, amortization and accretion 85,786 - 1,613 249 2,082 605 90,335 Impairment loss on mineral properties - - - - - - - Inventory write-down - - - - - - - 2,256,281 27,129 757,436 21,541 698,009 261,601 4,021,997 Loss from operations (2,256,281) (27,129) (757,436) (21,541) (698,009) (261,601) (4,021,997) Other income (expenses) (659,980) (4,767) 781 - 108,789 12,146 (543,031) Loss before income taxes $ (2,916,261) $ (31,896) $ (756,655) $ (21,541) $ (589,220) $ (249,455) $ (4,565,028) Three Months Ended October 31, 2016 United States Statement of Operations Texas Arizona Wyoming Other Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 499,284 $ 23,761 $ - $ 17,962 $ - $ 349,111 $ 890,118 General and administrative 1,657,463 21,643 - 1,067 578,857 23,208 2,282,238 Depreciation, amortization and accretion 148,045 - - 249 1,977 1,081 151,352 Impairment loss on mineral properties 31,168 8,334 - 103,666 - - 143,168 Inventory write-down 60,694 - - - - - 60,694 2,396,654 53,738 - 122,944 580,834 373,400 3,527,570 Loss from operations (2,396,654) (53,738) - (122,944) (580,834) (373,400) (3,527,570) Other income (expenses) (729,210) (4,767) - - - 37 (733,940) Loss before income taxes $ (3,125,864) $ (58,505) $ - $ (122,944) $ (580,834) $ (373,363) $ (4,261,510)

SUPPLEMENTAL CASH FLOW INFORMAT

SUPPLEMENTAL CASH FLOW INFORMATION	3 Months Ended
	Oct. 31, 2017
Supplemental Cash Flow Elements [Abstract]
Cash Flow, Supplemental Disclosures [Text Block]	NOTE 14: SUPPLEMENTAL CASH FLOW INFORMATION During the three months ended October 31, 2017 and 2016, we issued 124,469 and 166,926 restricted shares with a fair value of $192,403 and $175,908, respectively, for consulting services. During the three months ended October 31, 2017 and 2016, we issued 192,657 and 292,957 shares with a fair value of $274,801 and $291,770, respectively, as compensation to certain management, employees and consultants of the Company under the Stock Incentive Plan. During the three months ended October 31, 2017, we issued 398,839 shares with a fair value of $510,528 as settlement of share issuance obligations of $638,142 relating to the Fiscal 2017 share bonuses made by the Company under the Stock Incentive Plan. During the three months ended October 31, 2017 and 2016, we paid $408,889 and $408,889, respectively, in cash for interest on the long-term debt. During the three months ended October 31, 2017 and 2016, we issued 104,706 and 88,822 restricted shares with a fair value of $141,678 and $91,488, respectively, as settlement of certain of the Company’s accounts payable. During the three months ended October 31, 2017 and 2016, we issued 46,134 and 46,800 restricted shares with a fair value of $61,820 and $48,672, respectively, as an advance royalty payment for the Workman Creek Project. During the three months ended October 31, 2017, we issued 14,634,748 restricted shares and paid $909,930 in cash as consideration to acquire the Reno Creek Project. In addition, we issued 353,160 restricted shares as payment of the Reimbursable Expenses totalling $483,829, and issued 217,702 restricted shares with a fair value of $283,012 as payment of certain transaction costs.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Oct. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 15: COMMITMENTS AND CONTINGENCIES We are renting or leasing various office or storage space located in the United States, Canada and Paraguay with total monthly payments of $19,062. Office lease agreements for the United States and Canada expire between July 2018 and March 2021. The aggregate minimum rental and lease payments over the next five fiscal years are as follows: Fiscal 2018 $ 166,078 Fiscal 2019 86,516 Fiscal 2020 86,957 Fiscal 2021 57,971 Fiscal 2022 - $ 397,522 We are committed to paying our key executives a total of $707,000 per year for various management services. We are subject to ordinary routine litigation incidental to our business. Except as disclosed below, we are not aware of any material legal proceedings pending or that have been threatened against the Company. On or about March 9, 2011, the Texas Commission on Environmental Quality (the “TCEQ”) granted the Company’s applications for a Class III Injection Well Permit, Production Area Authorization and Aquifer Exemption for its Goliad Project. On or about December 4, 2012, the U.S. Environmental Protection Agency (the “EPA”) concurred with the TCEQ issuance of the Aquifer Exemption permit (the “AE”). With the receipt of this concurrence, the final authorization required for uranium extraction, the Goliad Project achieved fully-permitted status. On or about May 24, 2011, a group of petitioners, inclusive of Goliad County, appealed the TCEQ action to the 250 th On or about April 3, 2012, the Company received notification of a lawsuit filed in the State of Arizona, in the Superior Court for the County of Yavapai, by certain petitioners (the “Plaintiffs”) against a group of defendants, including the Company and former management and board members of Concentric Energy Corp. (“Concentric”). The lawsuit asserts certain claims relating to the Plaintiffs’ equity investments in Concentric, including allegations that the former management and board members of Concentric engaged in various wrongful acts prior to and/or in conjunction with the merger of Concentric. The lawsuit originally further alleged that the Company was contractually liable for liquidated damages arising from a pre-merger transaction which the Company previously acknowledged and recorded as an accrued liability, and which portion of the lawsuit was settled in full by a cash payment of $149,194 to the Plaintiffs and subsequently dismissed. The Court dismissed several other claims set forth in the Plaintiffs’ initial complaint, but granted the Plaintiffs leave to file an amended complaint. The Court denied a subsequent motion to dismiss the amended complaint, finding that the pleading met the minimal pleading requirements under the applicable procedural rules. In October 2013, the Company filed a formal response denying liability for any of the Plaintiffs’ remaining claims. The Court set the case for a four-week jury trial that was to take place in Yavapai County, Arizona, in April 2016. In November 2015, after the completion of discovery, the Company and the remaining defendants filed motions for summary judgment, seeking to dismiss all of the Plaintiffs’ remaining claims. While those motions were pending, the parties reached a settlement agreement with respect to all claims asserted by the Plaintiffs in that lawsuit. A formal settlement and release agreement was subsequently executed, pursuant to which all of the Plaintiffs’ claims in the Arizona lawsuit were dismissed with prejudice. Pursuant to the terms of the settlement agreement, the Defendants collectively paid $500,000 to the Plaintiffs, of which $50,000 was paid by the Company. On June 1, 2015, the Company received notice that Westminster Securities Corporation (“Westminster”) filed a suit in the United States District Court for the Southern District of New York, alleging a breach of contract relating to certain four-year warrants issued by Concentric in December 2008. Although the Concentric warrants expired by their terms on December 31, 2012, Westminster bases its claim upon transactions allegedly occurring prior to UEC’s merger with Concentric. The Company believes that this claim lacks merit and intends to vigorously defend the same. On or about June 29, 2015, Heather M. Stephens filed a class action complaint against the Company and two of its executive officers in the United States District Court, Southern District of Texas, with an amended class action complaint filed on November 16, 2015 (the “Securities Case”), seeking unspecified damages and alleging the defendants violated Section 17(b) of the Securities Act of 1933 and Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. The Company filed a motion to dismiss and on July 15, 2016, the U.S. District Court for the Southern District of Texas entered a final judgement dismissing the case in its entirety with prejudice. On September 22, 2016, the plaintiffs voluntarily dismissed their appeal of the District Court’s judgment and on September 26, 2016 the Fifth Circuit dismissed the Securities Case pursuant to the plaintiffs’ motion. As a result, the judgment in favor of the Company is final. No settlement payments or any other consideration was paid by the Company to the plaintiffs in connection with the Securities Case dismissal. On or about September 10, 2015, John Price filed a stockholder derivative complaint on behalf of the Company against the Company’s Board of Directors, executive management and three of its vice presidents in the United States District Court, Southern District of Texas, with an amended stockholder derivative complaint filed on December 4, 2015 (the “Federal Derivative Case”), seeking unspecified damages on behalf of the Company against the defendants for allegedly breaching their fiduciary duties to the Company with respect to the allegations in the Securities Case. The Company filed a motion to dismiss. The plaintiff ultimately abandoned the Federal Derivative Case, which the Court dismissed on or about November 17, 2016. No settlement payments or any other consideration was paid by the Company to the plaintiff in connection with the plaintiff’s abandonment of the Federal Derivative Case On or about October 2, 2015, Marnie W. McMahon filed a stockholder derivative complaint on behalf of the Company against the Company’s Board of Directors, executive management and three of its vice presidents in the District Court of Nevada (the “Nevada Derivative Case”) (collectively, with the Federal Derivative Case, the “Derivative Cases”) seeking unspecified damages on behalf of the Company against the defendants for allegedly breaching their fiduciary duties to the Company with respect to the allegations in the Securities Case. On January 21, 2016, the Court granted the Company’s motion to stay the Nevada Derivative Case pending the outcome of the Federal Derivative Case. Following the voluntary dismissal of the Federal Derivative Case, Ms. McMahon filed an amended complaint on February 10, 2017, which again asserted that the Company’s directors breached their fiduciary duties relating to the factual allegations in the Securities Case. The Company filed a motion to dismiss and on September 13, 2017, the Court granted the Company’s motion to dismiss the Nevada Derivative Case. On or about October 5, 2017, the Plaintiff filed a notice of appeal with the Court. The Company’s Board of Directors received a shareholder demand letter dated September 10, 2015 relating to the allegations in the Securities Case (the “Shareholder Demand”). The letter demands that the Board of Directors initiate an action against the Company’s Board of Directors and two of its executive officers to recover damages allegedly caused to the Company. The Board of Directors appointed a committee of independent directors to evaluate the allegations in the demand letter. Subsequently, the Federal District Court dismissed the Securities Case, which was based on similar factual allegations, and the Federal Derivative Case was abandoned. The committee of independent directors has now completed its evaluation and recommended that the Board of Directors reject the demand. After considering the committee’s recommendation and all other material information relevant to the investigation, the Board of Directors voted to reject the demand letter. At any given time, we may enter into negotiations to settle outstanding legal proceedings and any resulting accruals will be estimated based on the relevant facts and circumstances applicable at that time. We does not expect that such settlements will, individually or in the aggregate, have a material effect on its financial position, results of operations or cash flows.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	3 Months Ended
	Oct. 31, 2017
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 16: SUBSEQUENT EVENT Subsequent to October 31, 2017, we entered into a definitive purchase agreement (the “Purchase Agreement”) with Uranerz Energy Corporation (“Uranerz”), a wholly owned subsidiary of Energy Fuels Inc., to acquire 100% of its advanced stage North Reno Creek project (“North Reno Creek Project”) located immediately adjacent to and within our existing Reno Creek Project permitting boundary in the Powder River Basin, Wyoming. According to the Definitive Purchase Agreement, we will provide to Uranerz the following consideration at the closing of this transaction: (a) $2,940,000 in cash; and (b) $2,450,000 in shares of the Company (each, a “UEC Share”), with the number of UEC Shares to be calculated based on a deemed issuance price per UEC Share based on the volume weighted average price of our common shares on the NYSE American for the five trading days immediately prior to the closing date of the Purchase Agreement.

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	3 Months Ended
	Oct. 31, 2017
Accounting Policies [Abstract]
Exploratory Drilling Costs Capitalization and Impairment, Policy [Policy Text Block]	Exploration Stage We have established the existence of mineralized materials for certain uranium projects, including for the Palangana Mine. We have not established proven or probable reserves, as defined by the United States Securities and Exchange Commission (the “SEC”) under Industry Guide 7, through the completion of a “final” or “bankable” feasibility study for any of our uranium projects, including the Palangana Mine. Furthermore, we have no plans to establish proven or probable reserves for any of our uranium projects for which we plan on utilizing in-situ recovery (“ISR”) mining, such as the Palangana Mine. As a result, and despite the fact that we commenced extraction of mineralized materials at the Palangana Mine in November 2010, we remain in the Exploration Stage as defined under Industry Guide 7, and will continue to remain in the Exploration Stage until such time proven or probable reserves have been established. Since we commenced the extraction of mineralized materials at the Palangana Mine without having established proven or probable reserves, any mineralized materials established or extracted from the Palangana Mine should not in any way be associated with having established or produced from proven or probable reserves. In accordance with U.S. GAAP, expenditures relating to the acquisition of mineral rights are initially capitalized as incurred while exploration and pre-extraction expenditures are expensed as incurred until such time we exit the Exploration Stage by establishing proven or probable reserves. Expenditures relating to exploration activities such as drilling programs to establish mineralized materials are expensed as incurred. Expenditures relating to pre-extraction activities such as the construction of mine wellfields, ion exchange facilities and disposal wells are expensed as incurred until such time proven or probable reserves are established for that project, after which expenditures relating to mine development activities for that particular project are capitalized as incurred. Companies in the Production Stage as defined under Industry Guide 7, having established proven and probable reserves and exited the Exploration Stage, typically capitalize expenditures relating to ongoing development activities, with corresponding depletion calculated over proven and probable reserves using the units-of-production method and allocated to future reporting periods to inventory and, as that inventory is sold, to cost of goods sold. We are in the Exploration Stage which has resulted in us reporting larger losses than if it had been in the Production Stage due to the expensing, rather than capitalizing, of expenditures relating to ongoing mill and mine development activities. Additionally, there would be no corresponding amortization allocated to future reporting periods of our Company since those costs would have been expensed previously, resulting in both lower inventory costs and cost of goods sold and results of operations with higher gross profits and lower losses than if we had been in the Production Stage. Any capitalized costs, such as expenditures relating to the acquisition of mineral rights, are depleted over the estimated extraction life using the straight-line method. As a result, our consolidated financial statements may not be directly comparable to the financial statements of companies in the Production Stage.

PREPAID EXPENSES AND DEPOSITS (

PREPAID EXPENSES AND DEPOSITS (Tables)	3 Months Ended
	Oct. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]	At October 31, 2017, prepaid expenses and deposits consisted of the following: October 31, 2017 July 31, 2017 Prepaid Property Renewal Fees $ 581,913 $ 189,845 Prepaid Insurance 193,497 91,073 Prepaid Listing and Subscriptions 47,070 60,289 Prepaid License Fees 164,542 16,389 Prepaid Surety Bond Premium 9,738 38,952 Deposits and Expense Advances 92,860 86,439 Other Prepaid Expenses 215,016 203,005 $ 1,304,636 $ 685,992

ACQUISITION OF RENO CREEK PRO25

ACQUISITION OF RENO CREEK PROJECT (Tables)	3 Months Ended
	Oct. 31, 2017
Reno Creek [Member]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	The fair value of the consideration paid and the allocation to the identifiable assets acquired and liabilities assumed are summarized as follows: Consideration paid 14,634,748 UEC common shares at $1.37 per share $ 20,049,605 11,308,728 UEC share purchase warrants at $0.45 per warrant 5,088,928 Cash payment 909,930 Transaction costs 779,509 $ 26,827,972 Assets acquired and liabilities assumed Cash and cash equivalents $ 1,247,170 Prepaid expenses 319,874 Reclamation deposits 73,973 Land & buildings 370,085 Mineral rights & properties 25,553,807 Asset retirement obligations (73,973) Deferred tax liabilities (662,964) $ 26,827,972

MINERAL RIGHTS AND PROPERTIES (

MINERAL RIGHTS AND PROPERTIES (Tables)	3 Months Ended
	Oct. 31, 2017
Mineral Industries Disclosures [Abstract]
Schedule Of Mineral Rights and Property Acquisition Costs [Table Text Block]	Mineral rights and property acquisition costs consisted of the following: October 31, 2017 July 31, Mineral Rights and Properties Palangana Mine $ 6,285,898 $ 6,285,898 Goliad Project 8,689,127 8,689,127 Burke Hollow Project 1,495,750 1,495,750 Longhorn Project 116,870 116,870 Salvo Project 14,905 14,905 Anderson Project 9,154,268 9,154,268 Workman Creek Project 1,582,500 1,520,680 Los Cuatros Project 257,250 257,250 Slick Rock Project 615,650 615,650 Reno Creek Project 25,553,807 - Yuty Project 11,947,144 11,947,144 Oviedo Project 1,133,412 1,133,412 Alto Paraná Titanium Project 1,433,030 1,433,030 Other Property Acquisitions 91,080 91,080 68,370,691 42,755,064 Accumulated Depletion (3,929,884) (3,929,884) 64,440,807 38,825,180 Databases 2,410,038 2,410,038 Accumulated Amortization (2,395,445) (2,392,196) 14,593 17,842 Land Use Agreements 404,310 404,310 Accumulated Amortization (325,463) (315,356) 78,847 88,954 $ 64,534,247 $ 38,931,976
Schedule Of Mineral Property Expenditures Incurred by Major Projects [Table Text Block]	Mineral property expenditures incurred by major projects were as follows: Three Months Ended October 31, 2017 2016 Mineral Property Expenditures Palangana Mine $ 239,315 $ 201,372 Goliad Project 22,816 30,030 Burke Hollow Project 334,237 39,641 Longhorn Project 2,808 147 Salvo Project 6,934 8,166 Anderson Project 15,457 15,234 Workman Creek Project 8,283 8,248 Slick Rock Project 13,613 12,346 Reno Creek Project 723,390 - Yuty Project 90,968 89,675 Oviedo Project 62,196 146,668 Alto Paraná Titanium Project 39,611 112,768 Other Mineral Property Expenditures 117,072 225,823 $ 1,676,700 $ 890,118

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	3 Months Ended
	Oct. 31, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property, plant and equipment consisted of the following: October 31, 2017 July 31, 2017 Cost Accumulated Net Book Cost Accumulated Net Book Hobson Processing Facility $ 6,819,088 $ (773,933) $ 6,045,155 $ 6,819,088 $ (773,933) $ 6,045,155 Mining Equipment 2,438,681 (2,390,575) 48,106 2,438,681 (2,378,737) 59,944 Logging Equipment and Vehicles 1,971,742 (1,831,764) 139,978 1,971,742 (1,825,389) 146,353 Computer Equipment 585,291 (568,209) 17,082 582,980 (565,223) 17,757 Furniture and Fixtures 170,701 (168,389) 2,312 170,701 (168,248) 2,453 Land and Buildings 889,605 (1,537) 888,068 519,520 - 519,520 $ 12,875,108 $ (5,734,407) $ 7,140,701 $ 12,502,712 $ (5,711,530) $ 6,791,182

EQUITY-ACCOUNTED INVESTMENTS (T

EQUITY-ACCOUNTED INVESTMENTS (Tables)	3 Months Ended
	Oct. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments [Table Text Block]	During the three months ended October 31, 2017, the change in fair value of the investment in URC is summarized as below: Balance, July 31, 2017 $ 151,676 Share of loss from URC (20,367) Gain on ownership interest dilution 129,156 Balance, October 31, 2017 $ 260,465

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	3 Months Ended
	Oct. 31, 2017
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	As at October 31, 2017, long-term debt consisted of the following: October 31, 2017 July 31, 2017 Principal amount $ 20,000,000 $ 20,000,000 Unamortized discount (447,743) (745,165) Long-term debt, net of unamortized discount $ 19,552,257 $ 19,254,835
Schedule of Maturities of Long-term Debt [Table Text Block]	The aggregate yearly maturities of the long-term debt based on principal amounts outstanding at October 31, 2017, are as follows: Fiscal 2018 $ - Fiscal 2019 10,000,000 Fiscal 2020 10,000,000 Total $ 20,000,000

ASSET RETIREMENT OBLIGATIONS (T

ASSET RETIREMENT OBLIGATIONS (Tables)	3 Months Ended
	Oct. 31, 2017
Asset Retirement Obligation Disclosure [Abstract]
Schedule of Change in Asset Retirement Obligation [Table Text Block]	The asset retirement obligations (“ARO”) relate to future remediation and decommissioning activities at our Palangana Mine, Hobson Processing Facility, Reno Creek Project and Alto Paraná Titanium Project . Balance, July 31, 2017 $ 3,729,902 Accretion 54,102 Assumed from Reno Creek Acquisition 73,973 Balance, October 31, 2017 $ 3,857,977
Schedule Of Estimated Cash flow and Assumption Used For ARO [Table Text Block]	The estimated amounts and timing of cash flows and assumptions used for ARO estimates are as follows: October 31, 2017 July 31, 2017 Undiscounted amount of estimated cash flows $ 7,275,504 $ 7,098,581 Payable in years 5.0 to 17 5.0 to 17 Inflation rate 1.37% to 2.14% 1.37% to 2.14% Discount rate 5.48% to 6.40% 5.48% to 6.40%
Schedule Of Undiscounted Amounts Of Estimated Cash Flows [Table Text Block]	The undiscounted amounts of estimated cash flows for the next five fiscal years and beyond are as follows: Fiscal 2018 $ - Fiscal 2019 - Fiscal 2020 - Fiscal 2021 - Fiscal 2022 148,391 Remaining balance 7,127,113 $ 7,275,504

CAPITAL STOCK (Tables)

CAPITAL STOCK (Tables)	3 Months Ended
	Oct. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	A summary of the share transactions for the three months ended October 31, 2017 are as follows: Common Value per Share Issuance Period / Description Shares Issued Low High Value Balance, July 31, 2017 139,815,124 Mineral Property 46,134 $ 1.34 $ 1.34 $ 61,820 Reno Creek Acquisition 14,852,450 1.30 1.37 20,332,617 Reimbursable Expenses for Reno Creek Acquisition 353,160 1.37 1.37 483,829 Consulting Services 124,469 1.19 1.73 192,403 Options Exercised (1) 66,516 0.45 0.93 31,860 Settlement of Current Liabilities 104,706 1.35 1.35 141,678 Shares Issued Under Stock Incentive Plan 591,496 1.28 1.60 785,329 Balance, October 31, 2017 155,954,055 (1)
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	A summary of share purchase warrants outstanding and exercisable at October 31, 2017 are as follows: Weighted Number of Warrants Expiry Date Weighted Average $ 1.20 4,604,631 March 10, 2019 1.36 1.35 2,600,000 January 30, 2020 2.25 1.95 50,000 June 3, 2018 0.59 2.00 9,571,929 January 20, 2020 2.22 2.30 11,308,728 August 9, 2022 4.77 2.35 2,850,000 June 25, 2018 0.65 $ 1.97 30,985,288 2.88
Schedule of Share based Compensation Arrangement by Share based Payment Award Options Grants in Period Activity [Table Text Block]	A summary of stock options granted by the Company during the three months ended October 31, 2017, including corresponding grant date fair values and assumptions using the Black Scholes option pricing model is as follows: Date Options Exercise Term Fair Expected Risk-Free Dividend Expected August 22, 2017 1,754,000 $ 1.28 5.00 $ 1,112,090 3.10 1.49 % 0.00 % 73.68 % August 22, 2017 100,000 1.28 5.00 67,998 2.90 1.46 % 0.00 % 83.16 % Total 1,854,000 $ 1,180,088
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	A continuity schedule of outstanding stock options for the underlying shares for the three months ended October 31, 2017 is as follows: Number of Stock Weighted Average Balance, July 31, 2017 12,260,500 $ 1.33 Granted 1,854,000 1.28 Exercised (111,250) 0.50 Balance, October 31, 2017 14,003,250 $ 1.33
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]	A summary of stock options outstanding and exercisable at October 31, 2017 is as follows: Options Outstanding Options Exercisable Range of Outstanding at Weighted Weighted Average Exercisable at Weighted Weighted Average $0.45 to $1.06 2,869,250 $ 0.80 2.71 2,419,125 $ 0.78 2.51 $1.07 to $2.00 9,861,500 1.29 2.64 7,822,500 1.29 2.08 $2.01 to $3.86 1,272,500 2.89 2.67 1,272,500 2.89 2.67 14,003,250 $ 1.33 2.65 11,514,125 $ 1.36 2.24
Schedule Of Stock based Compensation Expense [Table Text Block]	A summary of stock-based compensation expense is as follows: Three Months Ended October 31, 2017 2016 Stock-Based Compensation for Consultants Common stock issued for consulting services $ 281,179 $ 269,132 Stock options issued to consultants (169) 78,272 281,010 347,404 Stock-Based Compensation for Management Common stock issued to management 35,014 88,200 Stock options issued to management 94,331 245,019 129,345 333,219 Stock-Based Compensation for Employees Common stock issued to employees 175,322 110,346 Stock options issued to employees 182,617 194,292 357,939 304,638 Settlement of share issuance obligation (127,615) - $ 640,679 $ 985,261

LOSS PER SHARE (Tables)

LOSS PER SHARE (Tables)	3 Months Ended
	Oct. 31, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table reconciles the weighted average number of shares used in the calculation of the basic and diluted loss per share: Three Months Ended October 31, 2017 2016 Numerator Net Loss for the Period $ (4,555,840) $ (4,252,694) Denominator Basic Weighted Average Number of Shares 154,133,517 117,099,921 Dilutive Stock Options and Warrants - - Diluted Weighted Average Number of Shares 154,133,517 117,099,921 Net Loss per Share, Basic and Diluted $ (0.03) $ (0.04)

SEGMENTED INFORMATION (Tables)

SEGMENTED INFORMATION (Tables)	3 Months Ended
	Oct. 31, 2017
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The table below provides a breakdown of the long-term assets by geographic segments: October 31, 2017 United States Balance Sheet Items Texas Arizona Wyoming Other States Canada Paraguay Total Mineral Rights and Properties $ 12,767,622 $ 10,994,018 $ 25,553,807 $ 705,215 $ - $ 14,513,585 $ 64,534,247 Property, Plant and Equipment 6,402,159 - 369,847 - 10,022 358,673 7,140,701 Reclamation Deposits 1,690,209 15,000 74,792 - - - 1,780,001 Equity-Accounted Investment - - - - 260,465 - 260,465 Other Long-Term Assets 328,642 - 305,720 - - - 634,362 Total Long-Term Assets $ 21,188,632 $ 11,009,018 $ 26,304,166 $ 705,215 $ 270,487 $ 14,872,258 $ 74,349,776 July 31, 2017 United States Balance Sheet Items Texas Arizona Wyoming Other States Canada Paraguay Total Mineral Rights and Properties $ 12,780,728 $ 10,932,199 $ - $ 705,464 $ - $ 14,513,585 $ 38,931,976 Property, Plant and Equipment 6,414,329 - - - 11,185 365,668 6,791,182 Reclamation Deposits 1,690,209 15,000 - 819 - - 1,706,028 Equity-Accounted Investment - - - - 151,676 - 151,676 Other Long-Term Assets 422,769 - 582,206 - - - 1,004,975 Total Long-Term Assets $ 21,308,035 $ 10,947,199 $ 582,206 $ 706,283 $ 162,861 $ 14,879,253 $ 48,585,837
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]	The tables below provide a breakdown of our operating results by geographic segments for the three months ended October 31, 2017 and 2016. All intercompany transactions have been eliminated. Three Months Ended October 31, 2017 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 716,624 $ 23,740 $ 723,391 $ 20,170 $ - $ 192,775 $ 1,676,700 General and administrative 1,453,871 3,389 32,432 1,122 695,927 68,221 2,254,962 Depreciation, amortization and accretion 85,786 - 1,613 249 2,082 605 90,335 Impairment loss on mineral properties - - - - - - - Inventory write-down - - - - - - - 2,256,281 27,129 757,436 21,541 698,009 261,601 4,021,997 Loss from operations (2,256,281) (27,129) (757,436) (21,541) (698,009) (261,601) (4,021,997) Other income (expenses) (659,980) (4,767) 781 - 108,789 12,146 (543,031) Loss before income taxes $ (2,916,261) $ (31,896) $ (756,655) $ (21,541) $ (589,220) $ (249,455) $ (4,565,028) Three Months Ended October 31, 2016 United States Statement of Operations Texas Arizona Wyoming Other Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 499,284 $ 23,761 $ - $ 17,962 $ - $ 349,111 $ 890,118 General and administrative 1,657,463 21,643 - 1,067 578,857 23,208 2,282,238 Depreciation, amortization and accretion 148,045 - - 249 1,977 1,081 151,352 Impairment loss on mineral properties 31,168 8,334 - 103,666 - - 143,168 Inventory write-down 60,694 - - - - - 60,694 2,396,654 53,738 - 122,944 580,834 373,400 3,527,570 Loss from operations (2,396,654) (53,738) - (122,944) (580,834) (373,400) (3,527,570) Other income (expenses) (729,210) (4,767) - - - 37 (733,940) Loss before income taxes $ (3,125,864) $ (58,505) $ - $ (122,944) $ (580,834) $ (373,363) $ (4,261,510)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	3 Months Ended
	Oct. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	The aggregate minimum rental and lease payments over the next five fiscal years are as follows: Fiscal 2018 $ 166,078 Fiscal 2019 86,516 Fiscal 2020 86,957 Fiscal 2021 57,971 Fiscal 2022 - $ 397,522

NATURE OF OPERATIONS (Details T

NATURE OF OPERATIONS (Details Textual) - USD ($)	Oct. 31, 2017	Jul. 31, 2017	Oct. 31, 2016	Jul. 31, 2016
Working Capital	$ 18,600,000
Cash and Cash Equivalents, at Carrying Value	9,952,105	$ 12,575,973	$ 4,327,801	$ 7,142,571
Short-term Investments	$ 8,603,700	$ 10,000,000

PREPAID EXPENSES AND DEPOSITS36

PREPAID EXPENSES AND DEPOSITS (Details) - USD ($)	Oct. 31, 2017	Jul. 31, 2017
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid Property Renewal Fees	$ 581,913	$ 189,845
Prepaid Insurance	193,497	91,073
Prepaid Listing and Subscriptions	47,070	60,289
Prepaid License Fees	164,542	16,389
Prepaid Surety Bond Premium	9,738	38,952
Deposits and Expense Advances	92,860	86,439
Other Prepaid Expenses	215,016	203,005
Prepaid Expense and Other Assets, Current	$ 1,304,636	$ 685,992

ACQUISITION OF RENO CREEK PRO37

ACQUISITION OF RENO CREEK PROJECT (Details) - USD ($)	Aug. 09, 2017	Oct. 31, 2017	Jul. 31, 2017
Consideration paid
14,634,748 UEC common shares at $1.37 per share		$ 20,332,617
Assets acquired and liabilities assumed
Reclamation deposits		1,780,001	$ 1,706,028
Asset retirement obligations		$ (3,857,977)	$ (3,729,902)
Reno Creek Project [Member]
Consideration paid
14,634,748 UEC common shares at $1.37 per share	$ 20,049,605
11,308,728 UEC share purchase warrants at $0.45 per warrant	5,088,928
Cash payment	909,930
Transaction costs	779,509
Consideration paid, Net	26,827,972
Assets acquired and liabilities assumed
Cash and cash equivalents	1,247,170
Prepaid expenses	319,874
Reclamation deposits	73,973
Land & buildings	370,085
Mineral rights & properties	25,553,807
Asset retirement obligations	(73,973)
Deferred tax liabilities	(662,964)
Assets acquired and liabilities assumed, Net	$ 26,827,972

ACQUISITION OF RENO CREEK PRO38

ACQUISITION OF RENO CREEK PROJECT (Details) (Parenthetical)	Aug. 09, 2017$ / sharesshares
Asset Acquisition [Line Items]
Asset Acquisition, Number of Warrants Issued	11,308,728
Reno Creek Project [Member]
Asset Acquisition [Line Items]
Asset Acquisition Share Price | $ / shares	$ 1.37
Asset Acquisition, Number of Warrants Issued	11,308,728
Assets Acquisition Fair Value Of Warrants | $ / shares	$ 0.45
Stock Issued During Period, Shares, Acquisitions	14,634,748

ACQUISITION OF RENO CREEK PRO39

ACQUISITION OF RENO CREEK PROJECT (Details Textual)	Aug. 09, 2017USD ($)a$ / sharesshares	Oct. 31, 2017USD ($)shares
Asset Acquisition [Line Items]
Approved Distribution Amount	$ 1,743,666
Warrants Issuance Terms	11,308,728 warrants of the Company (each a “Warrant”), with each Warrant entitling the holder to acquire one share of the Company at an exercise price of $2.30 per share for a period of five years from the date of issuance. The Warrants have an accelerator clause which provides that, in the event that the closing price of the shares of the Company on its principally traded exchange is equal to or greater than $4.00 per share for a period of 20 consecutive trading days, the Company may accelerate the expiry date of the Warrants to within 30 days by providing written notice to the holders;
Reimbursable Expenses	$ 483,829	$ 483,829
Area of Land | a	19,437
interest royalty Percentage On Net Profit	0.50%
Shares Issued During Period Value For Asset Acquisition Transaction Cost	$ 283,013
Shares Issued During Period Shares For Asset Acquisition Transaction Cost | shares	217,702
Capped Royalty amount	$ 2,500,000
Common Stock [Member]
Asset Acquisition [Line Items]
Stock Issued During Period, Shares, Acquisitions | shares		14,852,450
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares	353,160	353,160
Maximum [Member]
Asset Acquisition [Line Items]
Lease Expiration Period	15 years
Minimum [Member]
Asset Acquisition [Line Items]
Lease Expiration Period	5 years
Reno Creek Project [Member]
Asset Acquisition [Line Items]
Payment To Acquire Assets	$ 909,930
Asset Acquisition, Equity Interest Issued or Issuable, Additional Number of Shares | shares	241,821
Asset Acquisition Deemed Share Price | $ / shares	$ 1.406
General Insurance Expense	$ 340,000
Asset Acquisition Related Costs	$ 779,509
Asset Acquisition Ownership Percentage	100.00%
Stock Issued During Period, Shares, Acquisitions | shares	14,634,748
Pacific Road Funds [Member]
Asset Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired	97.27%
Bayswater Holdings Inc [Member]
Asset Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired	2.73%

MINERAL RIGHTS AND PROPERTIES40

MINERAL RIGHTS AND PROPERTIES (Details) - USD ($)	Oct. 31, 2017	Jul. 31, 2017
Mineral Rights and Properties
Mineral Rights and Properties, Gross	$ 68,370,691	$ 42,755,064
Accumulated Depletion	(3,929,884)	(3,929,884)
Mineral Rights and Properties, Net Of Accumulated Depletion	64,440,807	38,825,180
Mineral Rights and Properties, Total	64,534,247	38,931,976
Databases [Member]
Mineral Rights and Properties
Finite-Lived Intangible Assets, Gross	2,410,038	2,410,038
Accumulated Amortization	(2,395,445)	(2,392,196)
Finite-Lived Intangible Assets, Total	14,593	17,842
Land Use Agreements [Member]
Mineral Rights and Properties
Finite-Lived Intangible Assets, Gross	404,310	404,310
Accumulated Amortization	(325,463)	(315,356)
Finite-Lived Intangible Assets, Total	78,847	88,954
Palangana Mine [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	6,285,898	6,285,898
Goliad Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	8,689,127	8,689,127
Burke Hollow Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	1,495,750	1,495,750
Longhorn Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	116,870	116,870
Salvo Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	14,905	14,905
Anderson Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	9,154,268	9,154,268
Workman Creek Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	1,582,500	1,520,680
Los Cuatros Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	257,250	257,250
Slick Rock Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	615,650	615,650
Yuty Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	11,947,144	11,947,144
Oviedo Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	1,133,412	1,133,412
Other Property Acquisitions [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	91,080	91,080
Alto Paraná Titanium Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	1,433,030	1,433,030
Reno Creek Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	$ 25,553,807	$ 0

MINERAL RIGHTS AND PROPERTIES41

MINERAL RIGHTS AND PROPERTIES (Details 1) - USD ($)	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Mineral property expenditures	$ 1,676,700	$ 890,118
Mineral Property Expenditures, Net	1,676,700	890,118
Palangana Mine [Member]
Mineral property expenditures	239,315	201,372
Goliad Project [Member]
Mineral property expenditures	22,816	30,030
Burke Hollow Project [Member]
Mineral property expenditures	334,237	39,641
Longhorn Project [Member]
Mineral property expenditures	2,808	147
Salvo Project [Member]
Mineral property expenditures	6,934	8,166
Anderson Project [Member]
Mineral property expenditures	15,457	15,234
Workman Creek Project [Member]
Mineral property expenditures	8,283	8,248
Slick Rock Project [Member]
Mineral property expenditures	13,613	12,346
Yuty Project [Member]
Mineral property expenditures	90,968	89,675
Oviedo Project [Member]
Mineral property expenditures	62,196	146,668
Other Mineral Property [Member]
Mineral property expenditures	117,072	225,823
Alto Paraná Titanium Project [Member]
Mineral property expenditures	39,611	112,768
Reno Creek Project [Member]
Mineral property expenditures	$ 723,390	$ 0

MINERAL RIGHTS AND PROPERTIES42

MINERAL RIGHTS AND PROPERTIES (Details Textual) - USD ($)	Aug. 09, 2017	Oct. 31, 2017	Oct. 31, 2016
Exploration Abandonment and Impairment Expense		$ 0	$ 143,168
Stock Issued During Period Value For Mineral Properties		$ 61,820
Asset Acquisition Equity Interest Issued		353,160
Reimbursable Expenses	$ 483,829	$ 483,829
Mining Properties and Mineral Rights [Member]
Payment to Maintain Mineral Properties in Good Standing		$ 1,719,000
ProjectsLocatedArizonaColoradoAndNewMexicoMember [Member]
Exploration Abandonment and Impairment Expense			$ 143,168
Restricted Stock [Member]
Stock Issued During Period Shares For Mineral Properties		46,134
Stock Issued During Period Value For Mineral Properties		$ 61,820

PROPERTY, PLANT AND EQUIPMENT43

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	Oct. 31, 2017	Jul. 31, 2017
Property, Plant and Equipment [Line Items]
Cost	$ 12,875,108	$ 12,502,712
Accumulated Depreciation	(5,734,407)	(5,711,530)
Net Book Value	7,140,701	6,791,182
Hobson Processing Facility [Member]
Property, Plant and Equipment [Line Items]
Cost	6,819,088	6,819,088
Accumulated Depreciation	(773,933)	(773,933)
Net Book Value	6,045,155	6,045,155
Mining Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	2,438,681	2,438,681
Accumulated Depreciation	(2,390,575)	(2,378,737)
Net Book Value	48,106	59,944
Logging Equipment and Vehicles [Member]
Property, Plant and Equipment [Line Items]
Cost	1,971,742	1,971,742
Accumulated Depreciation	(1,831,764)	(1,825,389)
Net Book Value	139,978	146,353
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	585,291	582,980
Accumulated Depreciation	(568,209)	(565,223)
Net Book Value	17,082	17,757
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Cost	170,701	170,701
Accumulated Depreciation	(168,389)	(168,248)
Net Book Value	2,312	2,453
Land and Building [Member]
Property, Plant and Equipment [Line Items]
Cost	889,605	519,520
Accumulated Depreciation	(1,537)	0
Net Book Value	$ 888,068	$ 519,520

PROPERTY, PLANT AND EQUIPMENT44

PROPERTY, PLANT AND EQUIPMENT (Details Textual) - Building [Member]	3 Months Ended
	Oct. 31, 2017USD ($)
Property, Plant and Equipment [Line Items]
Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment	$ 297,518
Property, Plant and Equipment, Useful Life	20 years

EQUITY-ACCOUNTED INVESTMENTS (D

EQUITY-ACCOUNTED INVESTMENTS (Details)	3 Months Ended
	Oct. 31, 2017USD ($)
Balance, July 31, 2017	$ 151,676
Share of loss from URC	(20,367)
Gain on ownership interest dilution	129,156
Balance, October 31, 2017	$ 260,465

EQUITY-ACCOUNTED INVESTMENTS 46

EQUITY-ACCOUNTED INVESTMENTS (Details Textual) - USD ($)	12 Months Ended
	Jul. 31, 2017	Oct. 31, 2017
Uranium Royalty Corp [Member]
Payments to Acquire Equity Method Investments	$ 151,676
Number Of Shares Acquired	2,000,000
Equity Method Investment, Ownership Percentage		14.50%
Officers [Member]
Equity Method Investment, Ownership Percentage		11.60%

DUE TO RELATED PARTIES AND RE47

DUE TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS (Details Textual) - USD ($)	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Jul. 31, 2017
Related Party Transaction [Line Items]
General and Administrative Expense, Total	$ 2,254,962	$ 2,282,238
Due to Related Parties, Current	3,258		$ 768
Common stock Issued for settlement of liabilities	$ 141,678
Restricted Stock [Member]
Related Party Transaction [Line Items]
Common stock Issued for settlement of liabilities (in shares)	104,706	88,822
Common stock Issued for settlement of liabilities	$ 141,678	$ 91,488
Director and Officer [Member]
Related Party Transaction [Line Items]
General and Administrative Expense, Total	$ 37,311	$ 35,115

LONG-TERM DEBT (Details)

LONG-TERM DEBT (Details) - USD ($)	Oct. 31, 2017	Jul. 31, 2017
Debt Instrument [Line Items]
Principal amount	$ 20,000,000	$ 20,000,000
Unamortized discount	(447,743)	(745,165)
Long-term debt, net of unamortized discount	$ 19,552,257	$ 19,254,835

LONG-TERM DEBT (Details 1)

LONG-TERM DEBT (Details 1) - USD ($)	Oct. 31, 2017	Jul. 31, 2017
Fiscal 2,018	$ 0
Fiscal 2,019	10,000,000
Fiscal 2,020	10,000,000
Total	$ 20,000,000	$ 20,000,000

LONG-TERM DEBT (Details Textual

LONG-TERM DEBT (Details Textual) - USD ($)	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Debt Instrument [Line Items]
Amortization of Debt Discount (Premium)	$ 297,422	$ 295,329

ASSET RETIREMENT OBLIGATIONS (D

ASSET RETIREMENT OBLIGATIONS (Details)	3 Months Ended
	Oct. 31, 2017USD ($)
Schedule of Change in Asset Retirement Obligations
Beginning Balance	$ 3,729,902
Accretion	54,102
Assumed from Reno Creek Acquisition	73,973
Ending Balance	$ 3,857,977

ASSET RETIREMENT OBLIGATIONS 52

ASSET RETIREMENT OBLIGATIONS (Details 1) - USD ($)	3 Months Ended	12 Months Ended
	Oct. 31, 2017	Jul. 31, 2017
Assumptions Used For ARO Estimates [Line Items]
Undiscounted amount of estimated cash flows	$ 7,275,504	$ 7,098,581
Minimum [Member]
Assumptions Used For ARO Estimates [Line Items]
Payable in years	5 years	5 years
Inflation rate	1.37%	1.37%
Discount rate	5.48%	5.48%
Maximum [Member]
Assumptions Used For ARO Estimates [Line Items]
Payable in years	17 years	17 years
Inflation rate	2.14%	2.14%
Discount rate	6.40%	6.40%

ASSET RETIREMENT OBLIGATIONS 53

ASSET RETIREMENT OBLIGATIONS (Details 2) - USD ($)	3 Months Ended	12 Months Ended
	Oct. 31, 2017	Jul. 31, 2017
Undiscounted Amount Of Estimated Cash Flow
Undiscounted Amount of Estimated Cash Flows	$ 7,275,504
Fiscal 2018 [Member]
Undiscounted Amount Of Estimated Cash Flow
Undiscounted Amount of Estimated Cash Flows	0
Fiscal 2019 [Member]
Undiscounted Amount Of Estimated Cash Flow
Undiscounted Amount of Estimated Cash Flows	0	$ 0
Fiscal 2020 [Member]
Undiscounted Amount Of Estimated Cash Flow
Undiscounted Amount of Estimated Cash Flows	0	0
Fiscal 2021 [Member]
Undiscounted Amount Of Estimated Cash Flow
Undiscounted Amount of Estimated Cash Flows	0	0
Fiscal 2022 [Member]
Undiscounted Amount Of Estimated Cash Flow
Undiscounted Amount of Estimated Cash Flows	148,391	148,391
Remaining balance [Member]
Undiscounted Amount Of Estimated Cash Flow
Undiscounted Amount of Estimated Cash Flows	$ 7,127,113	$ 7,127,113

CAPITAL STOCK (Details)

CAPITAL STOCK (Details) - USD ($)		Aug. 09, 2017	Oct. 31, 2017	Oct. 31, 2016
Share Transactions [Line Items]
Mineral Property			$ 61,820
Reno Creek Acquisition			$ 20,332,617
Reimbursable Expenses for Reno Creek Acquisition (in shares)			353,160
Reimbursable Expenses for Reno Creek Acquisition		$ 483,829	$ 483,829
Consulting Services			192,403
Settlement of Current Liabilities			141,678
Shares Issued Under Stock Incentive Plan			$ 147,187
Reno Creek Acquisition [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share			$ 1.30
Reno Creek Acquisition [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share			1.37
Reimbursable Expenses for Reno Creek Acquisition [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share			1.37
Reimbursable Expenses for Reno Creek Acquisition [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share			1.37
Consulting Services [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share			1.19
Consulting Services [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share			1.73
Options Exercised [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share	[1]		0.45
Options Exercised [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share	[1]		$ 0.93
Settlement of Current Liabilities [Member]
Share Transactions [Line Items]
Settlement of Current Liabilities (in shares)			104,706	88,822
Settlement of Current Liabilities			$ 141,678	$ 91,488
Settlement of Current Liabilities [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share			$ 1.35
Settlement of Current Liabilities [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share			1.35
Shares Issued Under Stock Incentive Plan [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share			1.28
Shares Issued Under Stock Incentive Plan [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share			1.60
Mineral Property [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share			1.34
Mineral Property [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share			$ 1.34
Common Stock [Member]
Share Transactions [Line Items]
Balance (in shares)		139,815,124	139,815,124
Mineral Property (in shares)			46,134
Mineral Property			$ 46
Reno Creek Acquisition (in shares)			14,852,450
Reno Creek Acquisition			$ 14,853
Reimbursable Expenses for Reno Creek Acquisition (in shares)			353,160
Options Exercised (in shares)	[1]		66,516
Options Exercised			$ 67
Settlement of Current Liabilities (in shares)			104,706
Settlement of Current Liabilities			$ 105
Shares Issued Under Stock Incentive Plan (in shares)			591,496
Shares Issued Under Stock Incentive Plan			$ 591
Consulting Services (in shares)			124,469
Balance (in shares)			155,954,055
[1]	111,250 stock options were exercised on a forfeiture basis, resulting in 66,516 net shares being issued.

CAPITAL STOCK (Details 1)

CAPITAL STOCK (Details 1)	3 Months Ended
	Oct. 31, 2017$ / sharesshares
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price | $ / shares	$ 1.97
Number of Warrants Outstanding | shares	30,985,288
Weighted Average Remaining Contractual Life (Years)	2 years 10 months 17 days
Warrant [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price | $ / shares	$ 1.20
Number of Warrants Outstanding | shares	4,604,631
Expiry Date	Mar. 10, 2019
Weighted Average Remaining Contractual Life (Years)	1 year 4 months 10 days
Warrants1 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price | $ / shares	$ 1.35
Number of Warrants Outstanding | shares	2,600,000
Expiry Date	Jan. 30, 2020
Weighted Average Remaining Contractual Life (Years)	2 years 3 months
Warrants2 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price | $ / shares	$ 1.95
Number of Warrants Outstanding | shares	50,000
Expiry Date	Jun. 3, 2018
Weighted Average Remaining Contractual Life (Years)	7 months 2 days
Warrants3 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price | $ / shares	$ 2
Number of Warrants Outstanding | shares	9,571,929
Expiry Date	Jan. 20, 2020
Weighted Average Remaining Contractual Life (Years)	2 years 2 months 19 days
Warrants4 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price | $ / shares	$ 2.30
Number of Warrants Outstanding | shares	11,308,728
Expiry Date	Aug. 9, 2022
Weighted Average Remaining Contractual Life (Years)	4 years 9 months 7 days
Warrants5 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price | $ / shares	$ 2.35
Number of Warrants Outstanding | shares	2,850,000
Expiry Date	Jun. 25, 2018
Weighted Average Remaining Contractual Life (Years)	7 months 24 days

CAPITAL STOCK (Details 2)

CAPITAL STOCK (Details 2)	3 Months Ended
	Oct. 31, 2017USD ($)$ / sharesshares
Schedule of Share Based Compensation Arrangement by Share based Payment Award Options Grants in Period Activity [Line Items]
Number of Stock Options,Granted | shares	1,854,000
Fair Value | $	$ 1,180,088
August 22, 2017 [Member]
Schedule of Share Based Compensation Arrangement by Share based Payment Award Options Grants in Period Activity [Line Items]
Expected Volatility	83.16%
August 22, 2017 [Member] | Employee Stock Option One [Member]
Schedule of Share Based Compensation Arrangement by Share based Payment Award Options Grants in Period Activity [Line Items]
Number of Stock Options,Granted | shares	1,754,000
Exercise Price | $ / shares	$ 1.28
Term (Years)	5 years
Fair Value | $	$ 1,112,090
Expected Life (Years)	3 years 1 month 6 days
Risk-Free Interest Rate	1.49%
Dividend Yield	0.00%
Expected Volatility	73.68%
August 22, 2017 [Member] | Employee Stock Option Two [Member]
Schedule of Share Based Compensation Arrangement by Share based Payment Award Options Grants in Period Activity [Line Items]
Number of Stock Options,Granted | shares	100,000
Exercise Price | $ / shares	$ 1.28
Term (Years)	5 years
Fair Value | $	$ 67,998
Expected Life (Years)	2 years 10 months 24 days
Risk-Free Interest Rate	1.46%
Dividend Yield	0.00%

CAPITAL STOCK (Details 3)

CAPITAL STOCK (Details 3)	3 Months Ended
	Oct. 31, 2017$ / sharesshares
Share Based Compensation Stock Options Activity [Line Items]
Number of Stock Options,Granted	1,854,000
Employee Stock Option [Member]
Share Based Compensation Stock Options Activity [Line Items]
Number of Stock Options, Begining Balance	12,260,500
Number of Stock Options,Granted	1,854,000
Number of Stock Options, Exercised	(111,250)
Number of Stock Options, Ending Balance	14,003,250
Weighted Average Exercise Price, Begining Balance | $ / shares	$ 1.33
Weighted Average Exercise Price, Granted | $ / shares	1.28
Weighted Average Exercise Price, Exercised | $ / shares	0.50
Weighted Average Exercise Price, Ending Balance | $ / shares	$ 1.33

CAPITAL STOCK (Details 4)

CAPITAL STOCK (Details 4)	3 Months Ended
	Oct. 31, 2017$ / sharesshares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Ending balance | shares	14,003,250
Options Outstanding, Weighted Average Exercise Price, Ending balance	$ 1.33
Options Outstanding, Weighted Average Remaining Contractual Term (Years)	2 years 7 months 24 days
Options Exercisable, Ending balance | shares	11,514,125
Options Exercisable, Weighted Average Exercise Price, Ending balance	$ 1.36
Options Exercisable, Weighted Average Remaining Contractual Term (Years)	2 years 2 months 26 days
Exercise Price Range One [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price Range, Lower Range Limit	$ 0.45
Exercise Price Range, Upper Range Limit	$ 1.06
Options Outstanding, Ending balance | shares	2,869,250
Options Outstanding, Weighted Average Exercise Price, Ending balance	$ 0.80
Options Outstanding, Weighted Average Remaining Contractual Term (Years)	2 years 8 months 16 days
Options Exercisable, Ending balance | shares	2,419,125
Options Exercisable, Weighted Average Exercise Price, Ending balance	$ 0.78
Options Exercisable, Weighted Average Remaining Contractual Term (Years)	2 years 6 months 4 days
Exercise Price Range Two [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price Range, Lower Range Limit	$ 1.07
Exercise Price Range, Upper Range Limit	$ 2
Options Outstanding, Ending balance | shares	9,861,500
Options Outstanding, Weighted Average Exercise Price, Ending balance	$ 1.29
Options Outstanding, Weighted Average Remaining Contractual Term (Years)	2 years 7 months 20 days
Options Exercisable, Ending balance | shares	7,822,500
Options Exercisable, Weighted Average Exercise Price, Ending balance	$ 1.29
Options Exercisable, Weighted Average Remaining Contractual Term (Years)	2 years 29 days
Exercise Price Range Three [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Price Range, Lower Range Limit	$ 2.01
Exercise Price Range, Upper Range Limit	$ 3.86
Options Outstanding, Ending balance | shares	1,272,500
Options Outstanding, Weighted Average Exercise Price, Ending balance	$ 2.89
Options Outstanding, Weighted Average Remaining Contractual Term (Years)	2 years 8 months 1 day
Options Exercisable, Ending balance | shares	1,272,500
Options Exercisable, Weighted Average Exercise Price, Ending balance	$ 2.89
Options Exercisable, Weighted Average Remaining Contractual Term (Years)	2 years 8 months 1 day

CAPITAL STOCK (Details 5)

CAPITAL STOCK (Details 5) - USD ($)	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Share Based Compensation [Line Items]
Settlement of share issuance obligation	$ (127,615)	$ 0
Share-based Compensation, Total	640,679	985,261
Stock-Based Compensation for Management [Member]
Share Based Compensation [Line Items]
Common stock issued	35,014	88,200
Stock options issued	94,331	245,019
Share-based Compensation, Total	129,345	333,219
Stock-Based Compensation for Consultants [Member]
Share Based Compensation [Line Items]
Common stock issued	281,179	269,132
Stock options issued	(169)	78,272
Share-based Compensation, Total	281,010	347,404
Stock-Based Compensation for Employees [Member]
Share Based Compensation [Line Items]
Common stock issued	175,322	110,346
Stock options issued	182,617	194,292
Share-based Compensation, Total	$ 357,939	$ 304,638

CAPITAL STOCK (Details Textual)

CAPITAL STOCK (Details Textual) - USD ($)	Aug. 09, 2017	Aug. 22, 2017	Oct. 31, 2017	Jul. 31, 2017
Capital Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value			$ 741,003
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total			$ 903,486
Stock Issued During Period, Shares, New Issues		398,839	398,839
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 2.30
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			1,854,000
Share-based Compensation Arrangement By Share Based Payment Award Options Unvested In Period Fair Value1			$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value			$ 741,003
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Contractual Term			1 year 1 month 6 days
Stock Issued During Period, Value, New Issues		$ 510,529	$ 510,528
Asset Acquisition, Number of Warrants Issued	11,308,728
Class of Warrant Or Right Expiration Period			5 years
Share issuance obligation			$ 0	$ 638,142
Employee Stock Option [Member]
Capital Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period			111,250
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			1,854,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price			$ 1.28
Options Exercised [Member]
Capital Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period			66,516
Options Exercised [Member] | Employee Stock Option [Member]
Capital Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period			111,250
2016 Stock Incentive Plan [Member]
Capital Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			4,133,920
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			12,305,500
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights			a 24-month vesting provision whereby at the end of the first three and six months after the grant date, 12.5% of the total stock options become exercisable, and whereby at the end of each of 12, 18 and 24 months after the grant date, 25% of the total stock options become exercisable.
2017 Stock Incentive Plan [Member]
Capital Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized			6,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			1,854,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price			$ 1.28
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period			5 years
2017 Stock Incentive Plan [Member] | Employee Stock Option [Member]
Capital Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized			22,439,420

LOSS PER SHARE (Details)

LOSS PER SHARE (Details) - USD ($)	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Numerator
Net Loss for the Period	$ 4,555,840	$ 4,252,694
Denominator
Basic Weighted Average Number of Shares	154,133,517	117,099,921
Dilutive Stock Options and Warrants	0	0
Diluted Weighted Average Number of Shares	154,133,517	117,099,921
Net Loss per Share, Basic and Diluted	$ (0.03)	$ (0.04)

SEGMENTED INFORMATION (Details)

SEGMENTED INFORMATION (Details) - USD ($)	Oct. 31, 2017	Jul. 31, 2017
Mineral Rights and Properties	$ 64,534,247	$ 38,931,976
Property, Plant and Equipment	7,140,701	6,791,182
Reclamation Deposits	1,780,001	1,706,028
Equity-Accounted Investment	260,465	151,676
Other Long-Term Assets	634,362	1,004,975
Total Long-Term Assets	74,349,776	48,585,837
United States Texas [Member]
Mineral Rights and Properties	12,767,622	12,780,728
Property, Plant and Equipment	6,402,159	6,414,329
Reclamation Deposits	1,690,209	1,690,209
Equity-Accounted Investment	0	0
Other Long-Term Assets	328,642	422,769
Total Long-Term Assets	21,188,632	21,308,035
United States Arizona [Member]
Mineral Rights and Properties	10,994,018	10,932,199
Property, Plant and Equipment	0	0
Reclamation Deposits	15,000	15,000
Equity-Accounted Investment	0	0
Other Long-Term Assets	0	0
Total Long-Term Assets	11,009,018	10,947,199
United States Wyoming [Member]
Mineral Rights and Properties	25,553,807	0
Property, Plant and Equipment	369,847	0
Reclamation Deposits	74,792	0
Equity-Accounted Investment	0	0
Other Long-Term Assets	305,720	582,206
Total Long-Term Assets	26,304,166	582,206
United States Other States [Member]
Mineral Rights and Properties	705,215	705,464
Property, Plant and Equipment	0	0
Reclamation Deposits	0	819
Equity-Accounted Investment	0	0
Other Long-Term Assets	0	0
Total Long-Term Assets	705,215	706,283
Canada [Member]
Mineral Rights and Properties	0	0
Property, Plant and Equipment	10,022	11,185
Reclamation Deposits	0	0
Equity-Accounted Investment	260,465	151,676
Other Long-Term Assets	0	0
Total Long-Term Assets	270,487	162,861
Paraguay [Member]
Mineral Rights and Properties	14,513,585	14,513,585
Property, Plant and Equipment	358,673	365,668
Reclamation Deposits	0	0
Equity-Accounted Investment	0	0
Other Long-Term Assets	0	0
Total Long-Term Assets	$ 14,872,258	$ 14,879,253

SEGMENTED INFORMATION (Details

SEGMENTED INFORMATION (Details 1) - USD ($)	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Costs and Expenses:
Mineral property expenditures	$ 1,676,700	$ 890,118
General and administrative	2,254,962	2,282,238
Depreciation, amortization and accretion	90,335	151,352
Impairment loss on mineral property	0	143,168
Inventory write-down	0	60,694
Total Cost and Expenses	4,021,997	3,527,570
Loss from operations	(4,021,997)	(3,527,570)
Other income (expenses)	(543,031)	(733,940)
Loss before income taxes	(4,565,028)	(4,261,510)
United States Texas [Member]
Costs and Expenses:
Mineral property expenditures	716,624	499,284
General and administrative	1,453,871	1,657,463
Depreciation, amortization and accretion	85,786	148,045
Impairment loss on mineral property	0	31,168
Inventory write-down	0	60,694
Total Cost and Expenses	2,256,281	2,396,654
Loss from operations	(2,256,281)	(2,396,654)
Other income (expenses)	(659,980)	(729,210)
Loss before income taxes	(2,916,261)	(3,125,864)
United States Arizona [Member]
Costs and Expenses:
Mineral property expenditures	23,740	23,761
General and administrative	3,389	21,643
Depreciation, amortization and accretion	0	0
Impairment loss on mineral property	0	8,334
Inventory write-down	0	0
Total Cost and Expenses	27,129	53,738
Loss from operations	(27,129)	(53,738)
Other income (expenses)	(4,767)	(4,767)
Loss before income taxes	(31,896)	(58,505)
United States Other States [Member]
Costs and Expenses:
Mineral property expenditures	20,170	17,962
General and administrative	1,122	1,067
Depreciation, amortization and accretion	249	249
Impairment loss on mineral property	0	103,666
Inventory write-down	0	0
Total Cost and Expenses	21,541	122,944
Loss from operations	(21,541)	(122,944)
Other income (expenses)	0	0
Loss before income taxes	(21,541)	(122,944)
United States Wyoming [Member]
Costs and Expenses:
Mineral property expenditures	723,391	0
General and administrative	32,432	0
Depreciation, amortization and accretion	1,613	0
Impairment loss on mineral property	0	0
Inventory write-down	0	0
Total Cost and Expenses	757,436	0
Loss from operations	(757,436)	0
Other income (expenses)	781	0
Loss before income taxes	(756,655)	0
Canada [Member]
Costs and Expenses:
Mineral property expenditures	0	0
General and administrative	695,927	578,857
Depreciation, amortization and accretion	2,082	1,977
Impairment loss on mineral property	0	0
Inventory write-down	0	0
Total Cost and Expenses	698,009	580,834
Loss from operations	(698,009)	(580,834)
Other income (expenses)	108,789	0
Loss before income taxes	(589,220)	(580,834)
Paraguay [Member]
Costs and Expenses:
Mineral property expenditures	192,775	349,111
General and administrative	68,221	23,208
Depreciation, amortization and accretion	605	1,081
Impairment loss on mineral property	0	0
Inventory write-down	0	0
Total Cost and Expenses	261,601	373,400
Loss from operations	(261,601)	(373,400)
Other income (expenses)	12,146	37
Loss before income taxes	$ (249,455)	$ (373,363)

SEGMENTED INFORMATION (Detail64

SEGMENTED INFORMATION (Details Textual) - USD ($)	Oct. 31, 2017	Jul. 31, 2017
Assets, Noncurrent, Total	$ 74,349,776	$ 48,585,837
Percentage of Long Term Assets	80.00%
UNITED STATES
Assets, Noncurrent, Total	$ 59,207,031

SUPPLEMENTAL CASH FLOW INFORM65

SUPPLEMENTAL CASH FLOW INFORMATION (Details Textual) - USD ($)	Aug. 09, 2017	Aug. 22, 2017	Oct. 31, 2017	Oct. 31, 2016	Jul. 31, 2017
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures, Total			$ 192,403
Interest Expense, Debt			$ 408,889	$ 408,889
Stock Issued During Period, Shares, New Issues		398,839	398,839
Stock Issued During Period, Value, New Issues		$ 510,529	$ 510,528
Payments to Acquire Businesses, Gross			909,930
Stock Issued During Period, Value, For Settlement of Current Liabilities			141,678
Stock Issued During Period Value For Mineral Properties			61,820
Share issuance obligation			0		$ 638,142
Stock Issued During Period, Value, Restricted Stock Award, Gross	$ 483,829		$ 483,829
Shares Issued During Period Value For Asset Acquisition Transaction Cost	$ 283,013
Shares Issued During Period Shares For Asset Acquisition Transaction Cost	217,702
Common Stock [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total			124,469
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures, Total			$ 124
Stock Issued During Period, Shares, For Settlement of Current Liabilities			104,706
Stock Issued During Period, Value, For Settlement of Current Liabilities			$ 105
Issued for Mineral Property (in shares)			46,134
Stock Issued During Period Value For Mineral Properties			$ 46
Stock Issued During Period, Shares, Acquisitions			14,852,450
Stock Issued During Period, Value, Restricted Stock Award, Gross			$ 353
Stock Issued During Period, Shares, Restricted Stock Award, Gross	353,160		353,160
Restricted Stock [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total			124,469	166,926
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures, Total			$ 192,403	$ 175,908
Stock Issued During Period, Shares, For Settlement of Current Liabilities			104,706	88,822
Stock Issued During Period, Value, For Settlement of Current Liabilities			$ 141,678	$ 91,488
Stock Issued During Period, Shares, Acquisitions			14,634,748
Restricted Stock [Member] | Workman Creek Project [Member]
Issued for Mineral Property (in shares)			46,134	46,800
Stock Issued During Period Value For Mineral Properties			$ 61,820	$ 48,672
Stock Incentive Plan [Member]
Stock Issued During Period, Shares, Share-based Compensation, Gross			192,657	292,957
Stock Issued During Period, Value, Share-based Compensation, Gross			$ 274,801	$ 291,770
Settlement of Current Liabilities [Member]
Stock Issued During Period, Shares, For Settlement of Current Liabilities			104,706	88,822
Stock Issued During Period, Value, For Settlement of Current Liabilities			$ 141,678	$ 91,488

COMMITMENTS AND CONTINGENCIES66

COMMITMENTS AND CONTINGENCIES (Details)	Oct. 31, 2017USD ($)
Fiscal 2,018	$ 166,078
Fiscal 2,019	86,516
Fiscal 2,020	86,957
Fiscal 2,021	57,971
Fiscal 2,022	0
Total	$ 397,522

COMMITMENTS AND CONTINGENCIES67

COMMITMENTS AND CONTINGENCIES (Details Textual) - USD ($)	1 Months Ended		3 Months Ended
	Nov. 30, 2015	Apr. 03, 2012	Oct. 31, 2017
Loss Contingencies [Line Items]
Operating Leases, Rent Expense			$ 19,062
Management Fee Payable			$ 707,000
Cash Payment To Plaintiffs		$ 149,194
Payments for Legal Settlements	$ 500,000
Parent Company [Member]
Loss Contingencies [Line Items]
Payments for Legal Settlements	$ 50,000

SUBSEQUENT EVENT (Details Textu

SUBSEQUENT EVENT (Details Textual) - Subsequent Event [Member] - Uranerz Energy Corporation [Member]	Dec. 08, 2017USD ($)
Subsequent Event [Line Items]
Assets Acquisition Percentage Of Voting Interests Acquired	100.00%
Assets Acquisition Consideration Transferred Equity Interests Issued And Issuable	$ 2,450,000
Asset Acquisition, Consideration Transferred	$ 2,940,000