Uranium Energy (UEC) 10-Q 12 Mar 18 2018 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jan. 31, 2018	Mar. 08, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jan. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
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		157,544,080

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jan. 31, 2018	Jul. 31, 2017
CURRENT ASSETS
Cash and cash equivalents	$ 3,639,646	$ 12,575,973
Short-term investments	12,183,915	10,000,000
Inventories	211,662	211,662
Prepaid expenses and deposits	1,146,405	685,992
Other current assets	127,032	117,770
Total Current Assets	17,308,660	23,591,397
MINERAL RIGHTS AND PROPERTIES	64,591,266	38,931,976
PROPERTY, PLANT AND EQUIPMENT	7,137,757	6,791,182
RECLAMATION DEPOSITS	1,779,182	1,706,028
EQUITY-ACCOUNTED INVESTMENT	252,909	151,676
OTHER LONG-TERM ASSETS	977,205	1,004,975
Total Assets	92,046,979	72,177,234
CURRENT LIABILITIES
Accounts payable and accrued liabilities	2,188,131	2,446,854
Due to related parties	1,403	768
Total Current Liabilities	2,189,534	2,447,622
DEFERRED TAX LIABILITIES	1,016,149	609,470
LONG-TERM DEBT	19,860,666	19,254,835
ASSET RETIREMENT OBLIGATIONS	3,912,079	3,729,902
Total Liabilities	26,978,428	26,041,829
STOCKHOLDERS' EQUITY
Capital stock
Common stock $0.001 par value: 750,000,000 shares authorized, 156,452,824 shares issued and outstanding (July 31, 2017 - 139,815,214)	156,453	139,815
Additional paid-in capital	301,161,319	272,697,152
Share issuance obligation	0	638,142
Accumulated deficit	(236,234,655)	(227,325,002)
Accumulated other comprehensive loss	(14,566)	(14,702)
Total Stockholders' Equity	65,068,551	46,135,405
Total Liabilities and Stockholders' Equity	92,046,979	72,177,234
COMMITMENTS AND CONTINGENCIES

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jan. 31, 2018	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	156,452,824	139,815,214
Common Stock, Shares Outstanding	156,452,824	139,815,214

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)	3 Months Ended		6 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2018	Jan. 31, 2017
COSTS AND EXPENSES
Mineral property expenditures	$ 980,215	$ 1,067,446	$ 2,656,915	$ 1,957,564
General and administrative	2,864,165	2,241,247	5,119,127	4,523,485
Depreciation, amortization and accretion	89,437	128,255	179,772	279,607
Impairment loss on mineral properties	0	154,774	0	297,942
Inventory write-down	0	0	0	60,694
Total Operating Expenses	3,933,817	3,591,722	7,955,814	7,119,292
LOSS FROM OPERATIONS	(3,933,817)	(3,591,722)	(7,955,814)	(7,119,292)
OTHER INCOME (EXPENSES)
Interest income	86,886	1,267	149,868	5,430
Other income	10,344	0	35,834	0
Interest expenses and finance costs	(756,293)	(749,419)	(1,496,585)	(1,487,522)
Share of (loss) gain from equity-accounted investment	(7,556)	0	101,233	0
Loss on disposition of assets	(474)	(1,055)	(474)	(1,055)
Total Non-Operating Income Expense	(667,093)	(749,207)	(1,210,124)	(1,483,147)
LOSS BEFORE INCOME TAXES	(4,600,910)	(4,340,929)	(9,165,938)	(8,602,439)
DEFERRED TAX BENEFITS	247,097	8,560	256,285	17,376
NET LOSS FOR THE PERIOD	(4,353,813)	(4,332,369)	(8,909,653)	(8,585,063)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF INCOME TAXES	(247)	42	136	2
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD	$ (4,354,060)	$ (4,332,327)	$ (8,909,517)	$ (8,585,061)
NET LOSS PER SHARE, BASIC AND DILUTED	$ (0.03)	$ (0.04)	$ (0.06)	$ (0.07)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED	156,207,557	119,891,769	155,170,537	118,495,845

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jan. 31, 2018	Jan. 31, 2017
CASH PROVIDED BY (USED IN): OPERATING ACTIVITIES
Net loss for the period	$ (8,909,653)	$ (8,585,063)
Adjustments to reconcile net loss to cash flows in operating activities
Stock-based compensation	1,614,774	1,814,301
Depreciation, amortization and accretion	179,772	279,607
Amortization of long-term debt discount	605,831	601,568
Impairment loss on mineral properties	0	297,942
Inventory write-down	0	60,694
Loss on disposition of assets	474	1,055
Deferred tax benefits	(256,285)	(17,376)
Share of gain from equity-accounted investment	(101,233)	0
Reimbursable Expenses for Reno Creek Acquisition	483,829	0
Changes in operating assets and liabilities
Inventories	0	2,960
Prepaid expenses and deposits	(195,020)	(395,109)
Other current assets	(8,307)	17,218
Accounts payable and accrued liabilities	(208,096)	607,826
NET CASH FLOWS USED IN OPERATING ACTIVITIES	(6,793,914)	(5,314,377)
FINANCING ACTIVITIES
Shares issuance for cash, net of issuance costs	103,300	25,899,128
Due to a related party	635	11,528
NET CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	103,935	25,910,656
INVESTING ACTIVITIES
Net cash received from asset acquisition	215,065	0
Investment in mineral rights and properties	(70,000)	0
Purchase of property, plant and equipment	(6,338)	(3,439)
Increase in other long-term assets	(201,160)	0
Purchase of short-term investments	(20,285,190)	0
Redemption of short-term investments	18,101,275	0
NET CASH FLOWS USED IN INVESTING ACTIVITIES	(2,246,348)	(3,439)
NET CASH FLOWS	(8,936,327)	20,592,840
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	12,575,973	7,142,571
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 3,639,646	$ 27,735,411

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - 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
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	103,300	$ 252	103,048	0	0	0
Common stock Issued upon exercise of stock options (in shares)		250,932
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	284,306	$ 179	284,127	0	0	0
Stock-based compensation Common stock issued for consulting services (in shares)		180,378
Stock-based compensation Common stock issued under 2017 Stock Incentive Plan	488,854	$ 850	1,126,146	(638,142)	0	0
Stock-based compensation Common stock issued under 2017 Stock Incentive Plan (in shares)		849,940
Stock-based compensation Stock options issued to consultants	341,619	$ 0	341,619	0	0	0
Stock-based compensation Stock options issued to management	180,981	0	180,981	0	0	0
Stock-based compensation Stock options issued to employees	334,731	0	334,731	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	(8,909,653)	0	0	0	(8,909,653)	0
Other comprehensive income	136	0	0	0	0	136
Balance at Jan. 31, 2018	65,068,551	$ 156,453	301,161,319	0	(236,234,655)	(14,566)
Balance (in shares) at Jan. 31, 2018		156,452,824
Net loss for the period	(4,353,813)
Balance at Jan. 31, 2018	$ 65,068,551	$ 156,453	$ 301,161,319	$ 0	$ (236,234,655)	$ (14,566)
Balance (in shares) at Jan. 31, 2018		156,452,824

NATURE OF OPERATIONS AND GOING

NATURE OF OPERATIONS AND GOING CONCERN	6 Months Ended
	Jan. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1: NATURE OF OPERATIONS AND GOING CONCERN Uranium Energy Corp. was incorporated in the State of Nevada on May 16, 2003 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 six months ended January 31, 2018, 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 our 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 January 31, 2018, we had working capital of $ 15.1 3.6 12.2 T

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jan. 31, 2018
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 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 six months ended January 31, 2018, are not necessarily indicative of the results that may be expected for the fiscal year ending July 31, 2018 (“Fiscal 2018”). We have established the existence of mineralized materials for certain uranium projects, including for our 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	6 Months Ended
	Jan. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses And Deposit [Text Block]	NOTE 3: PREPAID EXPENSES AND DEPOSITS January 31, 2018 July 31, 2017 Prepaid Property Renewal Fees $ 437,278 $ 189,845 Prepaid Insurance 196,518 91,073 Prepaid Listing and Subscriptions 26,220 60,289 Prepaid License Fees 115,375 16,389 Prepaid Surety Bond Premium 97,979 38,952 Deposits and Expense Advances 87,682 86,439 Other Prepaid Expenses 185,353 203,005 $ 1,146,405 $ 685,992

ACQUISITION OF RENO CREEK PROJE

ACQUISITION OF RENO CREEK PROJECT	6 Months Ended
	Jan. 31, 2018
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 97.27 2.73 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 $ 1,743,666 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 241,821 340,000 ⋅ 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; ⋅ a 0.5 2.5 ⋅ transaction costs of $ 779,509 283,013 217,702 In connection with the Reno Creek Acquisition, we also issued 353,160 483,829 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. 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, various private mineral leases and certain surface use agreements which grant us the exclusive right to explore, develop and mine for uranium on a 19,437 - 5 15

MINERAL RIGHTS AND PROPERTIES

MINERAL RIGHTS AND PROPERTIES	6 Months Ended
	Jan. 31, 2018
Mineral Industries Disclosures [Abstract]
Mineral Industries Disclosures [Text Block]	NOTE 5: MINERAL RIGHTS AND PROPERTIES Mineral Rights At January 31, 2018, 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 January 31, 2018, annual maintenance payments of approximately $ 1,602,000 January 31, 2018 July 31, 2017 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 1,632,500 1,520,680 Los Cuatros Project 257,250 257,250 Slick Rock Project 635,650 615,650 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 68,440,691 42,755,064 Accumulated Depletion (3,929,884) (3,929,884) 64,510,807 38,825,180 Databases 2,410,038 2,410,038 Accumulated Amortization (2,398,694) (2,392,196) 11,344 17,842 Land Use Agreements 404,310 404,310 Accumulated Amortization (335,195) (315,356) 69,115 88,954 $ 64,591,266 $ 38,931,976 During the three months and six months ended January 31, 2018, we paid $ 50,000 46,134 61,820 During the three and six months ended January 31, 2017, we abandoned the Nichols Project located in Texas with an acquisition cost of $ 154,774 located in Arizona, Colorado and New Mexico with a combined acquisition cost of $ 143,168 154,774 297,942 During the three and six months ended January 31, 2018 and 2017, 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 our condensed consolidated financial statements for the three and six months ended January 31, 2018 and 2017, respectively. Three Months Ended January 31, Six Months Ended January 31, 2018 2017 2018 2017 Mineral Property Expenditures Palangana Mine $ 237,215 $ 184,277 $ 476,530 $ 385,649 Goliad Project 19,899 19,849 42,715 49,879 Burke Hollow Project 83,555 110,675 417,792 150,316 Longhorn Project 3,265 906 6,072 1,053 Salvo Project 6,702 6,843 13,636 15,009 Anderson Project 14,572 269 30,030 15,504 Workman Creek Project 7,673 7,673 15,955 15,920 Slick Rock Project 14,192 12,206 27,805 24,552 Reno Creek Project 244,982 - 968,372 - Yuty Project 134,228 102,037 225,196 191,712 Oviedo Project 19,046 68,402 81,242 215,070 Alto Paraná Titanium Project 74,821 409,865 114,432 522,633 Other Mineral Property Expenditures 120,065 144,444 237,138 370,267 $ 980,215 $ 1,067,446 $ 2,656,915 $ 1,957,564 During the six months ended January 31, 2018, and in connection with the Reno Creek Acquisition, we issued 353,160 483,829 During the three months ended January 31, 2018, 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 According to the Definitive Purchase Agreement, we will provide to Uranerz the following consideration at the closing of this transaction: · $ 2,940,000 · $ 2,450,000

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	6 Months Ended
	Jan. 31, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	PROPERTY, PLANT AND EQUIPMENT January 31, 2018 July 31, 2017 Cost Accumulated Net Book Cost Accumulated Net Book Hobson Processing Facility $ 6,819,088 $ (774,684) $ 6,044,404 $ 6,819,088 $ (773,933) $ 6,045,155 Mining Equipment 2,438,681 (2,399,198) 39,483 2,438,681 (2,378,737) 59,944 Logging Equipment and Vehicles 1,971,742 (1,837,945) 133,797 1,971,742 (1,825,389) 146,353 Computer Equipment 604,701 (571,147) 33,554 582,980 (565,223) 17,757 Furniture and Fixtures 170,701 (168,531) 2,170 170,701 (168,248) 2,453 Land and Buildings 889,605 (5,256) 884,349 519,520 - 519,520 $ 12,894,518 $ (5,756,761) $ 7,137,757 $ 12,502,712 $ (5,711,530) $ 6,791,182 During the six months ended January 31, 2018 and 2017, no uranium concentrate was processed at our Hobson Processing Facility due to the reduced operations at our Palangana Mine. As a result, no depreciation for the Hobson Processing Facility was recorded on our consolidated financial statements for the three and six months ended January 31, 2018 and 2017, respectively. During the six months ended January 31, 2018, in connection with the Reno Creek Acquisition, we acquired certain buildings with total acquisition costs of $ 297,518 20

EQUITY-ACCOUNTED INVESTMENT

EQUITY-ACCOUNTED INVESTMENT	6 Months Ended
	Jan. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures Disclosure [Text Block]	NOTE 7: EQUITY-ACCOUNTED INVESTMENT We acquired a total of 2,000,000 151,676 14.5 11.6 Balance, July 31, 2017 $ 151,676 Share of loss from URC (27,923) Gain on ownership interest dilution 129,156 Balance, January 31, 2018 $ 252,909

DUE TO RELATED PARTIES AND RELA

DUE TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS	6 Months Ended
	Jan. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 8: DUE TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS During the three and six months ended January 31, 2018, we incurred $ 39,329 76,640 68,736 103,851 During the six months ended January 31, 2018 and 2017, we issued 104,706 88,822 141,678 91,488 At January 31, 2018, the amount owing to Blender was $ 1,403 768

TAX REFORM AND DEFERRED TAX LIA

TAX REFORM AND DEFERRED TAX LIABILITIES	6 Months Ended
	Jan. 31, 2018
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 9: TAX REFORM AND DEFERRED TAX LIABILITIES The Tax Cuts and Jobs Act enacted on December 22, 2017 reduces the US federal corporate tax rate from 35 21 26.87 The Company is not expected to generate taxable income in Fiscal 2018 and has not recorded any current income taxes. Consequently, the tax rate change would have no impact on our current tax expenses but will impact the taxable losses to be recognized for Fiscal 2018. For the three months ended January 31, 2018, we remeasured our existing deferred tax liabilities at the newly enacted tax rates and recognized a deferred tax benefit of $ 232,843 The Company has incurred taxable losses for all years since inception, which has resulted in net operating loss carry-forwards in the U.S. that may be available to reduce future years’ taxable income. In the past, we have recorded a full valuation allowance for the deferred tax asset relating to these tax loss carry-forwards as their realization has been determined not likely to occur. At December 22, 2017, we re-evaluated realizability of the Company’s tax loss carry-forwards and our conclusion that the realization of these tax loss carry-forwards is not likely to occur remains unchanged. As a result, we will continue to record a full valuation allowance for the deferred tax assets relating to these tax loss carry-forwards. The accounting for the effects of the rate changes on deferred tax balances is complete and no provisional amounts were recorded for this item.

LONG-TERM DEBT

LONG-TERM DEBT	6 Months Ended
	Jan. 31, 2018
Debt Disclosure [Abstract]
Long-term Debt [Text Block]	NOTE 10: LONG-TERM DEBT January 31, 2018 July 31, 2017 Principal amount $ 20,000,000 $ 20,000,000 Unamortized discount (139,334) (745,165) Long-term debt, net of unamortized discount $ 19,860,666 $ 19,254,835 For the three and six months ended January 31, 2018 and 2017, the amortization of debt discount totaled $ 308,409 605,831 306,239 601,568 Fiscal 2018 $ - Fiscal 2019 10,000,000 Fiscal 2020 10,000,000 Total $ 20,000,000 Subsequent to January 31, 2018, and pursuant to the terms of our Second Amended Credit Agreement, we issued 641,574 900,000 20,000,000

ASSET RETIREMENT OBLIGATIONS

ASSET RETIREMENT OBLIGATIONS	6 Months Ended
	Jan. 31, 2018
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligation Disclosure [Text Block]	ASSET RETIREMENT OBLIGATIONS Balance, July 31, 2017 $ 3,729,902 Accretion 108,204 Assumed from Reno Creek Acquisition 73,973 Balance, January 31, 2018 $ 3,912,079 January 31, 2018 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% Fiscal 2018 $ - Fiscal 2019 - Fiscal 2020 - Fiscal 2021 - Fiscal 2022 148,391 Remaining balance 7,127,113 $ 7,275,504

CAPITAL STOCK

CAPITAL STOCK	6 Months Ended
	Jan. 31, 2018
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	CAPITAL STOCK Share Transactions 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 2017 Stock Incentive Plan 591,496 1.28 1.60 785,329 Balance, October 31, 2017 155,954,055 Consulting Services 55,909 1.49 1.84 91,903 Options Exercised (2) 184,416 0.45 1.32 163,534 Shares Issued Under 2017 Stock Incentive Plan 258,444 1.06 1.77 341,667 Balance, January 31, 2018 156,452,824 (1) 111,250 66,516 (2) 171,250 74,416 Share Purchase Warrants Weighted Number of Warrants Expiry Date Weighted Average $ 1.20 4,604,631 March 10, 2019 1.10 1.35 2,600,000 January 30, 2020 2.00 1.95 50,000 June 3, 2018 0.34 2.00 9,571,929 January 20, 2020 1.97 2.30 11,308,728 August 9, 2022 4.52 2.35 2,850,000 June 25, 2018 0.40 $ 1.97 30,985,288 2.63 During the six months ended January 31, 2018, in connection with the Reno Creek Acquisition, we issued 11,308,728 2.30 Stock Options At January 31, 2018, we had one stock option plan, our 2017 Stock Incentive Plan (the “2017 Plan”). The 2017 Plan provides for not more than 22,439,420 12,305,500 4,133,920 6,000,000 During the six months ended January 31, 2018, we granted stock options under the 2017 Plan to certain directors, officers, employees and consultants to purchase a total of 2,004,000 1.09 1.28 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. 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 % November 1, 2017 150,000 1.09 5.00 78,460 2.80 1.71 % 0.00 % 74.54 % Total 2,004,000 $ 1,258,548 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 Granted 150,000 1.09 Exercised (281,250) 0.97 Forfeited (51,250) 1.23 Balance, January 31, 2018 13,820,750 $ 1.34 At January 31, 2018, the aggregate intrinsic value under the provisions of ASC 718 of all outstanding stock options was estimated at $ 4,885,905 4,279,690 606,215 At January 31, 2018, unrecognized stock-based compensation expense related to the unvested portion of stock options granted totaled $ 712,080 1.00 Options Outstanding Options Exercisable Range of Outstanding at Weighted Weighted Average Exercisable at Weighted Weighted Average $0.45 to $1.06 2,671,750 $ 0.80 2.51 2,626,125 $ 0.80 2.49 $1.07 to $2.00 9,876,500 1.28 2.42 8,013,000 1.29 1.93 $2.01 to $3.86 1,272,500 2.89 2.83 1,272,500 2.89 2.83 13,820,750 $ 1.34 2.47 11,911,625 $ 1.35 2.15 Stock-Based Compensation Three Months Ended January 31, Six Months Ended January 31, 2018 2017 2018 2017 Stock-Based Compensation for Consultants Common stock issued for consulting services $ 157,599 $ 252,895 $ 438,778 $ 522,027 Stock options issued to consultants 341,788 199,979 341,619 278,251 499,387 452,874 780,397 800,278 Stock-Based Compensation for Management Common stock issued to management 34,230 54,693 69,244 142,893 Stock options issued to management 86,650 122,326 180,981 367,345 120,880 177,019 250,225 510,238 Stock-Based Compensation for Employees Common stock issued to employees 201,714 106,101 377,036 216,447 Stock options issued to employees 152,114 93,046 334,731 287,338 353,828 199,147 711,767 503,785 Settlement of share issuance obligation - - (127,615) - $ 974,095 $ 829,040 $ 1,614,774 $ 1,814,301 On August 22, 2017, we issued 398,839 510,528 638,142 127,615

LOSS PER SHARE

LOSS PER SHARE	6 Months Ended
	Jan. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	NOTE 13: LOSS PER SHARE Three Months Ended January 31, Six Months Ended January 31, 2018 2017 2018 2017 Numerator Net Loss for the Period $ (4,353,813) $ (4,332,369) $ (8,909,653) $ (8,585,063) Denominator Basic Weighted Average Number of Shares 156,207,557 119,891,769 155,170,537 118,495,845 Dilutive Stock Options and Warrants - - - - Diluted Weighted Average Number of Shares 156,207,557 119,891,769 155,170,537 118,495,845 Net Loss per Share, Basic and Diluted $ (0.03) $ (0.04) $ (0.06) $ (0.07) For the three and six months ended January 31, 2018 and 2017, 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	6 Months Ended
	Jan. 31, 2018
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 14: SEGMENTED INFORMATION We currently operate in one reportable segment which is focused on uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates. At January 31, 2018, our long-term assets located in the United States totaled $ 59,525,044 80 74,738,319 The table below provides a breakdown of the long-term assets by geographic segments: January 31, 2018 United States Balance Sheet Items Texas Arizona Wyoming Other States Canada Paraguay Total Mineral Rights and Properties $ 12,754,890 $ 11,044,018 $ 25,553,807 $ 724,966 $ - $ 14,513,585 $ 64,591,266 Property, Plant and Equipment 6,386,995 - 366,052 - 27,396 357,314 7,137,757 Reclamation Deposits 1,690,209 15,000 73,973 - - - 1,779,182 Equity-Accounted Investment - - - - 252,909 - 252,909 Other Long-Term Assets 519,907 - 395,227 - 62,071 - 977,205 Total Long-Term Assets $ 21,352,001 $ 11,059,018 $ 26,389,059 $ 724,966 $ 342,376 $ 14,870,899 $ 74,738,319 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 and six months ended January 31, 2018 and 2017. All intercompany transactions have been eliminated. Three Months Ended January 31, 2018 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 467,284 $ 22,822 $ 245,825 $ 16,189 $ - $ 228,095 $ 980,215 General and administrative 1,706,667 3,710 491,361 1,122 662,442 (1,137) 2,864,165 Depreciation, amortization and accretion 81,998 - 3,796 249 2,035 1,359 89,437 Impairment loss on mineral properties - - - - - - - 2,255,949 26,532 740,982 17,560 664,477 228,317 3,933,817 Loss from operations (2,255,949) (26,532) (740,982) (17,560) (664,477) (228,317) (3,933,817) Other income (expenses) (551,416) (4,768) 709 - (108,789) (2,829) (667,093) Loss before income taxes $ (2,807,365) $ (31,300) $ (740,273) $ (17,560) $ (773,266) $ (231,146) $ (4,600,910) Three Months Ended January 31, 2017 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 449,523 $ 22,751 $ - $ 14,868 $ - $ 580,304 $ 1,067,446 General and administrative 1,607,974 5,340 - 1,068 614,851 12,014 2,241,247 Depreciation, amortization and accretion 127,022 - - 249 1,991 (1,007) 128,255 Impairment loss on mineral properties 154,774 - - - - - 154,774 2,339,293 28,091 - 16,185 616,842 591,311 3,591,722 Loss from operations (2,339,293) (28,091) - (16,185) (616,842) (591,311) (3,591,722) Other income (expenses) (744,042) (4,768) - - (399) 2 (749,207) Loss before income taxes $ (3,083,335) $ (32,859) $ - $ (16,185) $ (617,241) $ (591,309) $ (4,340,929) Six Months Ended January 31, 2018 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 1,183,908 $ 46,562 $ 969,216 $ 36,359 $ - $ 420,870 $ 2,656,915 General and administrative 3,160,538 7,099 523,793 2,244 1,358,369 67,084 5,119,127 Depreciation, amortization and accretion 167,784 - 5,409 498 4,117 1,964 179,772 Impairment loss on mineral properties - - - - - - - Inventory write-down - - - - - - - 4,512,230 53,661 1,498,418 39,101 1,362,486 489,918 7,955,814 Loss from operations (4,512,230) (53,661) (1,498,418) (39,101) (1,362,486) (489,918) (7,955,814) Other income (expenses) (1,211,396) (9,535) 1,490 - - 9,317 (1,210,124) Loss before income taxes $ (5,723,626) $ (63,196) $ (1,496,928) $ (39,101) $ (1,362,486) $ (480,601) $ (9,165,938) Six Months Ended January 31, 2017 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 948,807 $ 46,512 $ - $ 32,830 $ - $ 929,415 $ 1,957,564 General and administrative 3,265,437 26,983 - 2,135 1,193,708 35,222 4,523,485 Depreciation, amortization and accretion 275,067 - - 498 3,968 74 279,607 Impairment loss on mineral properties 185,942 8,334 - 103,666 - - 297,942 Inventory write-down 60,694 - - - - - 60,694 4,735,947 81,829 - 139,129 1,197,676 964,711 7,119,292 Loss from operations (4,735,947) (81,829) - (139,129) (1,197,676) (964,711) (7,119,292) Other income (expenses) (1,473,252) (9,535) - - (399) 39 (1,483,147) Loss before income taxes $ (6,209,199) $ (91,364) $ - $ (139,129) $ (1,198,075) $ (964,672) $ (8,602,439)

SUPPLEMENTAL CASH FLOW INFORMAT

SUPPLEMENTAL CASH FLOW INFORMATION	6 Months Ended
	Jan. 31, 2018
Supplemental Cash Flow Elements [Abstract]
Cash Flow, Supplemental Disclosures [Text Block]	NOTE 15: SUPPLEMENTAL CASH FLOW INFORMATION During the six months ended January 31, 2018 and 2017, we issued 180,378 323,592 284,306 353,274 During the six months ended January 31, 2018 and 2017, we issued 451,101 536,726 616,468 528,093 During the six months ended January 31, 2018, we issued 398,839 510,528 638,142 During the six months ended January 31, 2018 and 2017, we paid $ 817,778 817,778 During the six months ended January 31, 2018 and 2017, we issued 104,706 88,822 141,678 91,488 During the six months ended January 31, 2018 and 2017, we issued 46,134 46,800 61,820 48,672 During the six months ended January 31, 2018, we issued 14,634,748 909,930 353,160 483,829 217,702 283,012 Subsequent to January 31, 2018, we issued 641,574 900,000

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jan. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	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 $ 19,416 The aggregate minimum rental and lease payments over the next five fiscal years are as follows: Fiscal 2018 $ 110,730 Fiscal 2019 90,730 Fiscal 2020 91,201 Fiscal 2021 60,800 Fiscal 2022 - $ 353,461 We are committed to paying our key executives a total of $ 713,000 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 $ 149,194 500,000 50,000 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. On March 2, 2018, the District Court granted the Company’s motion for summary judgment, dismissing all claims asserted by Westminster and the other plaintiffs in that action, and entered judgment in favor of the Company. The plaintiffs have the right to appeal the judgment to the Second Circuit Court of Appeals or to seek reconsideration by the District Court. The Company continues to believe that the Westminster suit lacks merit, and intends to vigorously defend any post-judgment motions or appeal filed by the plaintiffs. 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 do not expect that such settlements will, individually or in the aggregate, have a material effect on our financial position, results of operations or cash flows.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	6 Months Ended
	Jan. 31, 2018
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENTS Subsequent to January 31, 2018, we paid $ 256,389 43,759 119,546 492,638 Subsequent to January 31, 2018, we closed a definitive purchase agreement (the “Diabase Purchase Agreement”) with Nuinsco Resources Limited (“Nuinsco”), to acquire 100 54,236 Pursuant to the Diabase Purchase Agreement, 240,000 164,767 1.60 Concurrently with the closing of the Diabase Acquisition, URC was granted an exclusive right and option to acquire 100 125,000

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jan. 31, 2018
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 our 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)	6 Months Ended
	Jan. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]	At January 31, 2018, prepaid expenses and deposits consisted of the following: January 31, 2018 July 31, 2017 Prepaid Property Renewal Fees $ 437,278 $ 189,845 Prepaid Insurance 196,518 91,073 Prepaid Listing and Subscriptions 26,220 60,289 Prepaid License Fees 115,375 16,389 Prepaid Surety Bond Premium 97,979 38,952 Deposits and Expense Advances 87,682 86,439 Other Prepaid Expenses 185,353 203,005 $ 1,146,405 $ 685,992

ACQUISITION OF RENO CREEK PRO26

ACQUISITION OF RENO CREEK PROJECT (Tables)	6 Months Ended
	Jan. 31, 2018
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)	6 Months Ended
	Jan. 31, 2018
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: January 31, 2018 July 31, 2017 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 1,632,500 1,520,680 Los Cuatros Project 257,250 257,250 Slick Rock Project 635,650 615,650 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 68,440,691 42,755,064 Accumulated Depletion (3,929,884) (3,929,884) 64,510,807 38,825,180 Databases 2,410,038 2,410,038 Accumulated Amortization (2,398,694) (2,392,196) 11,344 17,842 Land Use Agreements 404,310 404,310 Accumulated Amortization (335,195) (315,356) 69,115 88,954 $ 64,591,266 $ 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 January 31, Six Months Ended January 31, 2018 2017 2018 2017 Mineral Property Expenditures Palangana Mine $ 237,215 $ 184,277 $ 476,530 $ 385,649 Goliad Project 19,899 19,849 42,715 49,879 Burke Hollow Project 83,555 110,675 417,792 150,316 Longhorn Project 3,265 906 6,072 1,053 Salvo Project 6,702 6,843 13,636 15,009 Anderson Project 14,572 269 30,030 15,504 Workman Creek Project 7,673 7,673 15,955 15,920 Slick Rock Project 14,192 12,206 27,805 24,552 Reno Creek Project 244,982 - 968,372 - Yuty Project 134,228 102,037 225,196 191,712 Oviedo Project 19,046 68,402 81,242 215,070 Alto Paraná Titanium Project 74,821 409,865 114,432 522,633 Other Mineral Property Expenditures 120,065 144,444 237,138 370,267 $ 980,215 $ 1,067,446 $ 2,656,915 $ 1,957,564

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	6 Months Ended
	Jan. 31, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property, plant and equipment consisted of the following: January 31, 2018 July 31, 2017 Cost Accumulated Net Book Cost Accumulated Net Book Hobson Processing Facility $ 6,819,088 $ (774,684) $ 6,044,404 $ 6,819,088 $ (773,933) $ 6,045,155 Mining Equipment 2,438,681 (2,399,198) 39,483 2,438,681 (2,378,737) 59,944 Logging Equipment and Vehicles 1,971,742 (1,837,945) 133,797 1,971,742 (1,825,389) 146,353 Computer Equipment 604,701 (571,147) 33,554 582,980 (565,223) 17,757 Furniture and Fixtures 170,701 (168,531) 2,170 170,701 (168,248) 2,453 Land and Buildings 889,605 (5,256) 884,349 519,520 - 519,520 $ 12,894,518 $ (5,756,761) $ 7,137,757 $ 12,502,712 $ (5,711,530) $ 6,791,182

EQUITY-ACCOUNTED INVESTMENTS (T

EQUITY-ACCOUNTED INVESTMENTS (Tables)	6 Months Ended
	Jan. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments [Table Text Block]	During the six months ended January 31, 2018, 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 (27,923) Gain on ownership interest dilution 129,156 Balance, January 31, 2018 $ 252,909

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	6 Months Ended
	Jan. 31, 2018
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	As at January 31, 2018, long-term debt consisted of the following: January 31, 2018 July 31, 2017 Principal amount $ 20,000,000 $ 20,000,000 Unamortized discount (139,334) (745,165) Long-term debt, net of unamortized discount $ 19,860,666 $ 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 January 31, 2018, 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)	6 Months Ended
	Jan. 31, 2018
Asset Retirement Obligation Disclosure [Abstract]
Schedule of Change in Asset Retirement Obligation [Table Text Block]	The asset retirement obligations (the “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 108,204 Assumed from Reno Creek Acquisition 73,973 Balance, January 31, 2018 $ 3,912,079
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: January 31, 2018 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)	6 Months Ended
	Jan. 31, 2018
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 six months ended January 31, 2018 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 2017 Stock Incentive Plan 591,496 1.28 1.60 785,329 Balance, October 31, 2017 155,954,055 Consulting Services 55,909 1.49 1.84 91,903 Options Exercised (2) 184,416 0.45 1.32 163,534 Shares Issued Under 2017 Stock Incentive Plan 258,444 1.06 1.77 341,667 Balance, January 31, 2018 156,452,824 (1) 111,250 66,516 (2) 171,250 74,416
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	A summary of share purchase warrants outstanding and exercisable at January 31, 2018 are as follows: Weighted Number of Warrants Expiry Date Weighted Average $ 1.20 4,604,631 March 10, 2019 1.10 1.35 2,600,000 January 30, 2020 2.00 1.95 50,000 June 3, 2018 0.34 2.00 9,571,929 January 20, 2020 1.97 2.30 11,308,728 August 9, 2022 4.52 2.35 2,850,000 June 25, 2018 0.40 $ 1.97 30,985,288 2.63
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 six months ended January 31, 2018, 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 % November 1, 2017 150,000 1.09 5.00 78,460 2.80 1.71 % 0.00 % 74.54 % Total 2,004,000 $ 1,258,548
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 and six months ended January 31, 2018 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 Granted 150,000 1.09 Exercised (281,250) 0.97 Forfeited (51,250) 1.23 Balance, January 31, 2018 13,820,750 $ 1.34
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 January 31, 2018 is as follows: Options Outstanding Options Exercisable Range of Outstanding at Weighted Weighted Average Exercisable at Weighted Weighted Average $0.45 to $1.06 2,671,750 $ 0.80 2.51 2,626,125 $ 0.80 2.49 $1.07 to $2.00 9,876,500 1.28 2.42 8,013,000 1.29 1.93 $2.01 to $3.86 1,272,500 2.89 2.83 1,272,500 2.89 2.83 13,820,750 $ 1.34 2.47 11,911,625 $ 1.35 2.15
Schedule Of Stock based Compensation Expense [Table Text Block]	A summary of stock-based compensation expense is as follows: Three Months Ended January 31, Six Months Ended January 31, 2018 2017 2018 2017 Stock-Based Compensation for Consultants Common stock issued for consulting services $ 157,599 $ 252,895 $ 438,778 $ 522,027 Stock options issued to consultants 341,788 199,979 341,619 278,251 499,387 452,874 780,397 800,278 Stock-Based Compensation for Management Common stock issued to management 34,230 54,693 69,244 142,893 Stock options issued to management 86,650 122,326 180,981 367,345 120,880 177,019 250,225 510,238 Stock-Based Compensation for Employees Common stock issued to employees 201,714 106,101 377,036 216,447 Stock options issued to employees 152,114 93,046 334,731 287,338 353,828 199,147 711,767 503,785 Settlement of share issuance obligation - - (127,615) - $ 974,095 $ 829,040 $ 1,614,774 $ 1,814,301

LOSS PER SHARE (Tables)

LOSS PER SHARE (Tables)	6 Months Ended
	Jan. 31, 2018
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 January 31, Six Months Ended January 31, 2018 2017 2018 2017 Numerator Net Loss for the Period $ (4,353,813) $ (4,332,369) $ (8,909,653) $ (8,585,063) Denominator Basic Weighted Average Number of Shares 156,207,557 119,891,769 155,170,537 118,495,845 Dilutive Stock Options and Warrants - - - - Diluted Weighted Average Number of Shares 156,207,557 119,891,769 155,170,537 118,495,845 Net Loss per Share, Basic and Diluted $ (0.03) $ (0.04) $ (0.06) $ (0.07)

SEGMENTED INFORMATION (Tables)

SEGMENTED INFORMATION (Tables)	6 Months Ended
	Jan. 31, 2018
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: January 31, 2018 United States Balance Sheet Items Texas Arizona Wyoming Other States Canada Paraguay Total Mineral Rights and Properties $ 12,754,890 $ 11,044,018 $ 25,553,807 $ 724,966 $ - $ 14,513,585 $ 64,591,266 Property, Plant and Equipment 6,386,995 - 366,052 - 27,396 357,314 7,137,757 Reclamation Deposits 1,690,209 15,000 73,973 - - - 1,779,182 Equity-Accounted Investment - - - - 252,909 - 252,909 Other Long-Term Assets 519,907 - 395,227 - 62,071 - 977,205 Total Long-Term Assets $ 21,352,001 $ 11,059,018 $ 26,389,059 $ 724,966 $ 342,376 $ 14,870,899 $ 74,738,319 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 and six months ended January 31, 2018 and 2017. All intercompany transactions have been eliminated. Three Months Ended January 31, 2018 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 467,284 $ 22,822 $ 245,825 $ 16,189 $ - $ 228,095 $ 980,215 General and administrative 1,706,667 3,710 491,361 1,122 662,442 (1,137) 2,864,165 Depreciation, amortization and accretion 81,998 - 3,796 249 2,035 1,359 89,437 Impairment loss on mineral properties - - - - - - - 2,255,949 26,532 740,982 17,560 664,477 228,317 3,933,817 Loss from operations (2,255,949) (26,532) (740,982) (17,560) (664,477) (228,317) (3,933,817) Other income (expenses) (551,416) (4,768) 709 - (108,789) (2,829) (667,093) Loss before income taxes $ (2,807,365) $ (31,300) $ (740,273) $ (17,560) $ (773,266) $ (231,146) $ (4,600,910) Three Months Ended January 31, 2017 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 449,523 $ 22,751 $ - $ 14,868 $ - $ 580,304 $ 1,067,446 General and administrative 1,607,974 5,340 - 1,068 614,851 12,014 2,241,247 Depreciation, amortization and accretion 127,022 - - 249 1,991 (1,007) 128,255 Impairment loss on mineral properties 154,774 - - - - - 154,774 2,339,293 28,091 - 16,185 616,842 591,311 3,591,722 Loss from operations (2,339,293) (28,091) - (16,185) (616,842) (591,311) (3,591,722) Other income (expenses) (744,042) (4,768) - - (399) 2 (749,207) Loss before income taxes $ (3,083,335) $ (32,859) $ - $ (16,185) $ (617,241) $ (591,309) $ (4,340,929) Six Months Ended January 31, 2018 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 1,183,908 $ 46,562 $ 969,216 $ 36,359 $ - $ 420,870 $ 2,656,915 General and administrative 3,160,538 7,099 523,793 2,244 1,358,369 67,084 5,119,127 Depreciation, amortization and accretion 167,784 - 5,409 498 4,117 1,964 179,772 Impairment loss on mineral properties - - - - - - - Inventory write-down - - - - - - - 4,512,230 53,661 1,498,418 39,101 1,362,486 489,918 7,955,814 Loss from operations (4,512,230) (53,661) (1,498,418) (39,101) (1,362,486) (489,918) (7,955,814) Other income (expenses) (1,211,396) (9,535) 1,490 - - 9,317 (1,210,124) Loss before income taxes $ (5,723,626) $ (63,196) $ (1,496,928) $ (39,101) $ (1,362,486) $ (480,601) $ (9,165,938) Six Months Ended January 31, 2017 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 948,807 $ 46,512 $ - $ 32,830 $ - $ 929,415 $ 1,957,564 General and administrative 3,265,437 26,983 - 2,135 1,193,708 35,222 4,523,485 Depreciation, amortization and accretion 275,067 - - 498 3,968 74 279,607 Impairment loss on mineral properties 185,942 8,334 - 103,666 - - 297,942 Inventory write-down 60,694 - - - - - 60,694 4,735,947 81,829 - 139,129 1,197,676 964,711 7,119,292 Loss from operations (4,735,947) (81,829) - (139,129) (1,197,676) (964,711) (7,119,292) Other income (expenses) (1,473,252) (9,535) - - (399) 39 (1,483,147) Loss before income taxes $ (6,209,199) $ (91,364) $ - $ (139,129) $ (1,198,075) $ (964,672) $ (8,602,439)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jan. 31, 2018
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 $ 110,730 Fiscal 2019 90,730 Fiscal 2020 91,201 Fiscal 2021 60,800 Fiscal 2022 - $ 353,461

NATURE OF OPERATIONS AND GOIN36

NATURE OF OPERATIONS AND GOING CONCERN (Details Textual) - USD ($)	6 Months Ended
	Jan. 31, 2018	Jul. 31, 2017	Jan. 31, 2017	Jul. 31, 2016
Entity Incorporation, Date of Incorporation	May 16, 2003
Working Capital	$ 15,100,000
Cash and Cash Equivalents, at Carrying Value	3,639,646	$ 12,575,973	$ 27,735,411	$ 7,142,571
Short-term Investments	$ 12,183,915	$ 10,000,000

PREPAID EXPENSES AND DEPOSITS37

PREPAID EXPENSES AND DEPOSITS (Details) - USD ($)	Jan. 31, 2018	Jul. 31, 2017
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid Property Renewal Fees	$ 437,278	$ 189,845
Prepaid Insurance	196,518	91,073
Prepaid Listing and Subscriptions	26,220	60,289
Prepaid License Fees	115,375	16,389
Prepaid Surety Bond Premium	97,979	38,952
Deposits and Expense Advances	87,682	86,439
Other Prepaid Expenses	185,353	203,005
Prepaid Expense and Other Assets, Current	$ 1,146,405	$ 685,992

ACQUISITION OF RENO CREEK PRO38

ACQUISITION OF RENO CREEK PROJECT (Details) - USD ($)	Aug. 09, 2017	Jan. 31, 2018	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		1,779,182	$ 1,706,028
Asset retirement obligations		$ (3,912,079)	$ (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 PRO39

ACQUISITION OF RENO CREEK PROJECT (Details) (Parenthetical) - Reno Creek Project [Member] - $ / shares	Aug. 09, 2017	Jan. 31, 2018
Asset Acquisition [Line Items]
Asset Acquisition Share Price	$ 1.37
Asset Acquisition, Number of Warrants Issued	11,308,728
Stock Issued During Period, Shares, Acquisitions	14,634,748	14,634,748
Assets Acquisition Fair Value Of Warrants	$ 0.45

ACQUISITION OF RENO CREEK PRO40

ACQUISITION OF RENO CREEK PROJECT (Details Textual)	Aug. 09, 2017USD ($)ashares	Jan. 31, 2018USD ($)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
Interest Royalty Percentage On Net Profit	0.50%
Capped Royalty Amount	$ 2,500,000
Shares Issued During Period Value For Asset Acquisition Transaction Cost	$ 283,013	$ 283,012
Shares Issued During Period Shares For Asset Acquisition Transaction Cost | shares	217,702	217,702
Minimum [Member]
Asset Acquisition [Line Items]
Lease Expiration Period	5 years
Maximum [Member]
Asset Acquisition [Line Items]
Lease Expiration Period	15 years
Common Stock [Member]
Asset Acquisition [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares	353,160	353,160
Reno Creek Project [Member]
Asset Acquisition [Line Items]
Payment To Acquire Assets	$ 909,930	$ 909,930
Asset Acquisition, Equity Interest Issued or Issuable, Additional Number of Shares | shares	241,821
General Insurance Expense	$ 340,000
Asset Acquisition Ownership Percentage	100.00%
Asset Acquisition Related Costs	$ 779,509
Area of Land | a	19,437
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 PROPERTIES41

MINERAL RIGHTS AND PROPERTIES (Details) - USD ($)	Jan. 31, 2018	Jul. 31, 2017
Mineral Rights and Properties
Mineral Rights and Properties, Gross	$ 68,440,691	$ 42,755,064
Accumulated Depletion	(3,929,884)	(3,929,884)
Mineral Rights and Properties, Net Of Accumulated Depletion	64,510,807	38,825,180
Mineral Rights and Properties	64,591,266	38,931,976
Databases [Member]
Mineral Rights and Properties
Finite-Lived Intangible Assets, Gross	2,410,038	2,410,038
Accumulated Amortization	(2,398,694)	(2,392,196)
Finite-Lived Intangible Assets, Total	11,344	17,842
Land Use Agreements [Member]
Mineral Rights and Properties
Finite-Lived Intangible Assets, Gross	404,310	404,310
Accumulated Amortization	(335,195)	(315,356)
Finite-Lived Intangible Assets, Total	69,115	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	1,632,500	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	635,650	615,650
Reno Creek Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	25,553,807	0
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
Alto Parana Titanium Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	1,433,030	1,433,030
Other Property Acquisitions [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	$ 91,080	$ 91,080

MINERAL RIGHTS AND PROPERTIES42

MINERAL RIGHTS AND PROPERTIES (Details 1) - USD ($)	3 Months Ended		6 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2018	Jan. 31, 2017
Mineral property expenditures	$ 980,215	$ 1,067,446	$ 2,656,915	$ 1,957,564
Mineral Property Expenditures, Net	980,215	1,067,446	2,656,915	1,957,564
Palangana Mine [Member]
Mineral property expenditures	237,215	184,277	476,530	385,649
Goliad Project [Member]
Mineral property expenditures	19,899	19,849	42,715	49,879
Burke Hollow Project [Member]
Mineral property expenditures	83,555	110,675	417,792	150,316
Longhorn Project [Member]
Mineral property expenditures	3,265	906	6,072	1,053
Salvo Project [Member]
Mineral property expenditures	6,702	6,843	13,636	15,009
Anderson Project [Member]
Mineral property expenditures	14,572	269	30,030	15,504
Workman Creek Project [Member]
Mineral property expenditures	7,673	7,673	15,955	15,920
Slick Rock Project [Member]
Mineral property expenditures	14,192	12,206	27,805	24,552
Reno Creek Project [Member]
Mineral property expenditures	244,982	0	968,372	0
Yuty Project [Member]
Mineral property expenditures	134,228	102,037	225,196	191,712
Oviedo Project [Member]
Mineral property expenditures	19,046	68,402	81,242	215,070
Alto Parana Titanium Project [Member]
Mineral property expenditures	74,821	409,865	114,432	522,633
Other Mineral Property Expenditures [Member]
Mineral property expenditures	$ 120,065	$ 144,444	$ 237,138	$ 370,267

MINERAL RIGHTS AND PROPERTIES43

MINERAL RIGHTS AND PROPERTIES (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2018	Jan. 31, 2017
Payments to Acquire Mineral Rights			$ 70,000	$ 0
Exploration Abandonment and Impairment Expense	$ 0	$ 154,774	0	297,942
Stock Issued During Period Value For Mineral Properties			$ 61,820
Asset Acquisition Equity Interest Issued			353,160
Reimbursable Expenses			$ 483,829
Asset Acquisition, Consideration Transferred			2,940,000
Assets Acquisition Consideration Transferred Equity Interests Issued And Issuable			$ 2,450,000
Reno Creek Project [Member]
Assets Acquisition Percentage Of Voting Interests Acquired	100.00%		100.00%
Restricted Stock [Member]
Stock Issued During Period Shares For Mineral Properties			46,134
Stock Issued During Period Value For Mineral Properties			$ 61,820
Mining Properties and Mineral Rights [Member]
Annual Property Maintenance Fees	$ 1,602,000		1,602,000
Workman Creek Project [Member]
Payments to Acquire Mineral Rights	$ 50,000		$ 50,000
Nichols Project Located In Texas [Member]
Exploration Abandonment and Impairment Expense		$ 154,774
Projects Located Arizona Colorado And New Mexico [Member]
Exploration Abandonment and Impairment Expense				$ 143,168

PROPERTY, PLANT AND EQUIPMENT44

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	Jan. 31, 2018	Jul. 31, 2017
Property, Plant and Equipment [Line Items]
Cost	$ 12,894,518	$ 12,502,712
Accumulated Depreciation	(5,756,761)	(5,711,530)
Net Book Value	7,137,757	6,791,182
Hobson Processing Facility [Member]
Property, Plant and Equipment [Line Items]
Cost	6,819,088	6,819,088
Accumulated Depreciation	(774,684)	(773,933)
Net Book Value	6,044,404	6,045,155
Mining Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	2,438,681	2,438,681
Accumulated Depreciation	(2,399,198)	(2,378,737)
Net Book Value	39,483	59,944
Logging Equipment and Vehicles [Member]
Property, Plant and Equipment [Line Items]
Cost	1,971,742	1,971,742
Accumulated Depreciation	(1,837,945)	(1,825,389)
Net Book Value	133,797	146,353
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	604,701	582,980
Accumulated Depreciation	(571,147)	(565,223)
Net Book Value	33,554	17,757
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Cost	170,701	170,701
Accumulated Depreciation	(168,531)	(168,248)
Net Book Value	2,170	2,453
Land and Buildings [Member]
Property, Plant and Equipment [Line Items]
Cost	889,605	519,520
Accumulated Depreciation	(5,256)	0
Net Book Value	$ 884,349	$ 519,520

PROPERTY, PLANT AND EQUIPMENT45

PROPERTY, PLANT AND EQUIPMENT (Details Textual) - Building [Member]	3 Months Ended
	Jan. 31, 2018USD ($)
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 INVESTMENT (De

EQUITY-ACCOUNTED INVESTMENT (Details)	6 Months Ended
	Jan. 31, 2018USD ($)
Balance, July 31, 2017	$ 151,676
Share of loss from URC	(27,923)
Gain on ownership interest dilution	129,156
Balance, January 31, 2018	$ 252,909

EQUITY-ACCOUNTED INVESTMENT (47

EQUITY-ACCOUNTED INVESTMENT (Details Textual)	6 Months Ended
	Jan. 31, 2018USD ($)shares
Uranium Royalty Corp [Member]
Payments to Acquire Equity Method Investments | $	$ 151,676
Number Of Shares Acquired | shares	2,000,000
Equity Method Investment, Ownership Percentage	11.60%
Officers [Member]
Equity Method Investment, Ownership Percentage	14.50%

DUE TO RELATED PARTIES AND RE48

DUE TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2018	Jan. 31, 2017	Jul. 31, 2017
Related Party Transaction [Line Items]
General and Administrative Expense, Total	$ 2,864,165	$ 2,241,247	$ 5,119,127	$ 4,523,485
Due to Related Parties, Current	1,403		1,403		$ 768
Stock Issued During Period, Value, For Settlement of Current Liabilities			$ 141,678
Due to Related Parties					$ 768
Restricted Stock [Member]
Related Party Transaction [Line Items]
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
Director and Officer [Member]
Related Party Transaction [Line Items]
General and Administrative Expense, Total	$ 39,329	$ 68,736	$ 76,640	$ 103,851

TAX REFORM AND DEFERRED TAX L49

TAX REFORM AND DEFERRED TAX LIABILITIES (Details Textual) - USD ($)	6 Months Ended		12 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent				35.00%
Deferred Income Tax Expense (Benefit)	$ (256,285)	$ (17,376)
Scenario, Plan [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21.00%
Effective Income Tax Rate Reconciliation,Other Reconciling Items, Percent			26.87%

LONG-TERM DEBT (Details)

LONG-TERM DEBT (Details) - USD ($)	Jan. 31, 2018	Jul. 31, 2017
Debt Instrument [Line Items]
Principal amount	$ 20,000,000	$ 20,000,000
Unamortized discount	(139,334)	(745,165)
Long-term debt, net of unamortized discount	$ 19,860,666	$ 19,254,835

LONG-TERM DEBT (Details 1)

LONG-TERM DEBT (Details 1) - USD ($)	Jan. 31, 2018	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 ($)	Mar. 09, 2018	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2018	Jan. 31, 2017	Jul. 31, 2017
Debt Instrument [Line Items]
Amortization of Debt Discount (Premium)		$ 308,409	$ 306,239	$ 605,831	$ 601,568
Long-term Debt, Gross		$ 20,000,000		$ 20,000,000		$ 20,000,000
Subsequent Event [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 20,000,000
Subsequent Event [Member] | Second Amended Credit Agreement [Member]
Debt Instrument [Line Items]
Anniversary Fees Rate	4.50%
Stock Issued For Credit Facility Shares	641,574
Stock Issued For Credit Facility Value	$ 900,000

ASSET RETIREMENT OBLIGATIONS (D

ASSET RETIREMENT OBLIGATIONS (Details)	6 Months Ended
	Jan. 31, 2018USD ($)
Schedule of Change in Asset Retirement Obligations
Beginning Balance	$ 3,729,902
Accretion	108,204
Assumed from Reno Creek Acquisition	73,973
Ending Balance	$ 3,912,079

ASSET RETIREMENT OBLIGATIONS 54

ASSET RETIREMENT OBLIGATIONS (Details 1) - USD ($)	6 Months Ended
	Jan. 31, 2018	Jan. 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 55

ASSET RETIREMENT OBLIGATIONS (Details 2)	6 Months Ended
	Jan. 31, 2018USD ($)
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
Fiscal 2020 [Member]
Undiscounted Amount Of Estimated Cash Flow
Undiscounted Amount of Estimated Cash Flows	0
Fiscal 2021 [Member]
Undiscounted Amount Of Estimated Cash Flow
Undiscounted Amount of Estimated Cash Flows	0
Fiscal 2022 [Member]
Undiscounted Amount Of Estimated Cash Flow
Undiscounted Amount of Estimated Cash Flows	148,391
Remaining balance [Member]
Undiscounted Amount Of Estimated Cash Flow
Undiscounted Amount of Estimated Cash Flows	$ 7,127,113

CAPITAL STOCK (Details)

CAPITAL STOCK (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jan. 31, 2018		Oct. 31, 2017		Jan. 31, 2018		Jul. 31, 2017
Share Transactions [Line Items]
Stock-based compensation Common stock issued for consulting services					$ 284,306
Mineral Property					61,820
Common stock Issued for Reno Creek Acquisition					$ 20,332,617
Reimbursable Expenses for Reno Creek Acquisition (in shares)					353,160
Reimbursable Expenses for Reno Creek Acquisition					$ 483,829
Options Exercised					103,300
Shares Issued Under 2017 Stock Incentive Plan					488,854
Settlement of Current Liabilities					$ 141,678
Issuance Value [Member]
Share Transactions [Line Items]
Stock-based compensation Common stock issued for consulting services	$ 91,903
Mineral Property			$ 61,820
Common stock Issued for Reno Creek Acquisition			20,332,617
Reimbursable Expenses for Reno Creek Acquisition			483,829
Consulting Services			192,403
Options Exercised	163,534		31,860
Shares Issued Under 2017 Stock Incentive Plan	$ 341,667		785,329
Settlement of Current Liabilities			$ 141,678
Common Stock [Member]
Share Transactions [Line Items]
Balance (in shares)	155,954,055		139,815,124		139,815,124
Mineral Property (in shares)			46,134
Common stock Issued for Reno Creek Acquisition (in shares)			14,852,450
Reimbursable Expenses for Reno Creek Acquisition (in shares)			353,160
Consulting Services (in shares)	55,909		124,469
Options Exercised (in shares)	184,416	[1]	66,516	[2]
Shares Issued Under 2017 Stock Incentive Plan (in shares)	258,444		591,496
Settlement of Current Liabilities (in shares)			104,706
Balance (in shares)	156,452,824		155,954,055		156,452,824
Minimum [Member] | Mineral Property [Member]
Share Transactions [Line Items]
Value per Share							$ 1.34
Maximum [Member] | Mineral Property [Member]
Share Transactions [Line Items]
Value per Share							1.34
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
Consulting Services [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share	$ 1.49				$ 1.49		1.19
Consulting Services [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share	1.84				1.84		1.73
Options Exercised [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share	0.45	[1]			0.45	[1]	0.45	[2]
Options Exercised [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share	1.32	[1]			1.32	[1]	0.93	[2]
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
Shares Issued Under 2017 Stock Incentive Plan [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share	1.06				1.06		1.28
Shares Issued Under 2017 Stock Incentive Plan [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share	$ 1.77				$ 1.77		$ 1.60
[1]	171,250 stock options were exercised on a forfeiture basis, resulting in 74,416 net shares being issued.
[2]	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)	6 Months Ended
	Jan. 31, 2018$ / 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 Remaining Contractual Life (Years)	2 years 7 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 Remaining Contractual Life (Years)	1 year 1 month 6 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 Remaining Contractual Life (Years)	2 years
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 Remaining Contractual Life (Years)	4 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 Remaining Contractual Life (Years)	1 year 11 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 Remaining Contractual Life (Years)	4 years 6 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 Remaining Contractual Life (Years)	4 months 24 days

CAPITAL STOCK (Details 2)

CAPITAL STOCK (Details 2)	6 Months Ended
	Jan. 31, 2018USD ($)$ / sharesshares
Schedule of Share Based Compensation Arrangement by Share based Payment Award Options Grants in Period Activity [Line Items]
Options Issued | shares	2,004,000
Fair Value | $	$ 1,258,548
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]
Options Issued | 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]
Options Issued | 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%
Expected Volatility	83.16%
November 1, 2017 [Member] | Employee Stock Option Three [Member]
Schedule of Share Based Compensation Arrangement by Share based Payment Award Options Grants in Period Activity [Line Items]
Options Issued | shares	150,000
Exercise Price | $ / shares	$ 1.09
Term (Years)	5 years
Fair Value | $	$ 78,460
Expected Life (Years)	2 years 9 months 18 days
Risk-Free Interest Rate	1.71%
Dividend Yield	0.00%
Expected Volatility	74.54%

CAPITAL STOCK (Details 3)

CAPITAL STOCK (Details 3) - $ / shares	3 Months Ended		6 Months Ended
	Jan. 31, 2018	Oct. 31, 2017	Jan. 31, 2018
Share Based Compensation Stock Options Activity [Line Items]
Number of Stock Options, Granted			2,004,000
Employee Stock Option [Member]
Share Based Compensation Stock Options Activity [Line Items]
Number of Stock Options, Begining Balance	14,003,250	12,260,500	12,260,500
Number of Stock Options, Granted	150,000	1,854,000
Number of Stock Options, Exercised	(281,250)	(111,250)
Number of Stock Options, Forfeited	(51,250)
Number of Stock Options, Ending Balance	13,820,750	14,003,250	13,820,750
Weighted Average Exercise Price, Begining Balance	$ 1.33	$ 1.33	$ 1.33
Weighted Average Exercise Price, Granted	1.09	1.28
Weighted Average Exercise Price, Exercised	0.97	0.50
Weighted Average Exercise Price, Forfeited	1.23
Weighted Average Exercise Price, Ending Balance	$ 1.34	$ 1.33	$ 1.34

CAPITAL STOCK (Details 4)

CAPITAL STOCK (Details 4)	6 Months Ended
	Jan. 31, 2018$ / sharesshares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Ending balance | shares	13,820,750
Options Outstanding, Weighted Average Exercise Price, Ending balance	$ 1.34
Options Outstanding, Weighted Average Remaining Contractual Term (Years)	2 years 5 months 19 days
Options Exercisable, Ending balance | shares	11,911,625
Options Exercisable, Weighted Average Exercise Price, Ending balance	$ 1.35
Options Exercisable, Weighted Average Remaining Contractual Term (Years)	2 years 1 month 24 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	2,671,750
Options Outstanding, Weighted Average Exercise Price, Ending balance	$ 0.80
Options Outstanding, Weighted Average Remaining Contractual Term (Years)	2 years 6 months 4 days
Options Exercisable, Ending balance | shares	2,626,125
Options Exercisable, Weighted Average Exercise Price, Ending balance	$ 0.80
Options Exercisable, Weighted Average Remaining Contractual Term (Years)	2 years 5 months 26 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	9,876,500
Options Outstanding, Weighted Average Exercise Price, Ending balance	$ 1.28
Options Outstanding, Weighted Average Remaining Contractual Term (Years)	2 years 5 months 1 day
Options Exercisable, Ending balance | shares	8,013,000
Options Exercisable, Weighted Average Exercise Price, Ending balance	$ 1.29
Options Exercisable, Weighted Average Remaining Contractual Term (Years)	1 year 11 months 5 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 9 months 29 days
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 9 months 29 days

CAPITAL STOCK (Details 5)

CAPITAL STOCK (Details 5) - USD ($)	3 Months Ended		6 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2018	Jan. 31, 2017
Share-Based Compensation [Line Items]
Settlement of share issuance obligation	$ 0	$ 0	$ (127,615)	$ 0
Share-based Compensation, Total	974,095	829,040	1,614,774	1,814,301
Stock-Based Compensation for Management [Member]
Share-Based Compensation [Line Items]
Common stock issued	34,230	54,693	69,244	142,893
Stock options issued	86,650	122,326	180,981	367,345
Share-based Compensation, Total	120,880	177,019	250,225	510,238
Stock-Based Compensation for Consultants [Member]
Share-Based Compensation [Line Items]
Common stock issued	157,599	252,895	438,778	522,027
Stock options issued	341,788	199,979	341,619	278,251
Share-based Compensation, Total	499,387	452,874	780,397	800,278
Stock-Based Compensation for Employees [Member]
Share-Based Compensation [Line Items]
Common stock issued	201,714	106,101	377,036	216,447
Stock options issued	152,114	93,046	334,731	287,338
Share-based Compensation, Total	$ 353,828	$ 199,147	$ 711,767	$ 503,785

CAPITAL STOCK (Details Textual)

CAPITAL STOCK (Details Textual) - USD ($)	1 Months Ended	3 Months Ended			6 Months Ended
	Aug. 22, 2017	Jan. 31, 2018	Oct. 31, 2017	Jan. 31, 2017	Jan. 31, 2018	Jan. 31, 2017	Jul. 31, 2017
Capital Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value		$ 4,885,905			$ 4,885,905
Stock Issued During Period, Shares, New Issues					398,839
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross					2,004,000
Share-based Compensation Arrangement By Share Based Payment Award Options Unvested In Period Fair Value1					$ 606,215
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value		4,279,690			4,279,690
Stock Issued During Period, Value, New Issues					510,528
Share Issuance Obligation,Amount		$ 0			$ 0		$ 638,142
Class Of Warrant Or Right Expiration Period					5 years
Class of Warrant or Right, Outstanding		30,985,288			30,985,288
Settlement of Share Issuance Obligation		$ 0		$ 0	$ (127,615)	$ 0
Reno Creek Acquisition [Member]
Capital Stock [Line Items]
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 2.30			$ 2.30
Class of Warrant or Right, Outstanding		11,308,728			11,308,728
Employee Stock Option [Member]
Capital Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period		281,250	111,250
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		150,000	1,854,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price		$ 1.09	$ 1.28
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Beginning Balance		13,820,750	14,003,250		13,820,750		12,260,500
Minimum [Member]
Capital Stock [Line Items]
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price					$ 1.09
Maximum [Member]
Capital Stock [Line Items]
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		171,250	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			4,133,920
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total		$ 712,080			$ 712,080
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition					1 year
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Beginning Balance		12,305,500			12,305,500
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
Stock Issued During Period, Shares, New Issues	398,839
Stock Issued During Period, Value, New Issues	$ 510,528
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		6 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2018	Jan. 31, 2017
Numerator
Net Loss for the Period	$ (4,353,813)	$ (4,332,369)	$ (8,909,653)	$ (8,585,063)
Denominator
Basic Weighted Average Number of Shares	156,207,557	119,891,769	155,170,537	118,495,845
Dilutive Stock Options and Warrants	0	0	0	0
Diluted Weighted Average Number of Shares	156,207,557	119,891,769	155,170,537	118,495,845
NET LOSS PER SHARE, BASIC AND DILUTED	$ (0.03)	$ (0.04)	$ (0.06)	$ (0.07)

SEGMENTED INFORMATION (Details)

SEGMENTED INFORMATION (Details) - USD ($)	Jan. 31, 2018	Jul. 31, 2017
Mineral Rights and Properties	$ 64,591,266	$ 38,931,976
Property, Plant and Equipment	7,137,757	6,791,182
Reclamation Deposits	1,779,182	1,706,028
Equity-Accounted Investment	252,909	151,676
Other Long-Term Assets	977,205	1,004,975
Total Long-Term Assets	74,738,319	48,585,837
United States Texas [Member]
Mineral Rights and Properties	12,754,890	12,780,728
Property, Plant and Equipment	6,386,995	6,414,329
Reclamation Deposits	1,690,209	1,690,209
Equity-Accounted Investment	0	0
Other Long-Term Assets	519,907	422,769
Total Long-Term Assets	21,352,001	21,308,035
United States Arizona [Member]
Mineral Rights and Properties	11,044,018	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	11,059,018	10,947,199
United States Wyoming [Member]
Mineral Rights and Properties	25,553,807	0
Property, Plant and Equipment	366,052	0
Reclamation Deposits	73,973	0
Equity-Accounted Investment	0	0
Other Long-Term Assets	395,227	582,206
Total Long-Term Assets	26,389,059	582,206
United States Other States [Member]
Mineral Rights and Properties	724,966	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	724,966	706,283
Canada [Member]
Mineral Rights and Properties	0	0
Property, Plant and Equipment	27,396	11,185
Reclamation Deposits	0	0
Equity-Accounted Investment	252,909	151,676
Other Long-Term Assets	62,071	0
Total Long-Term Assets	342,376	162,861
Paraguay [Member]
Mineral Rights and Properties	14,513,585	14,513,585
Property, Plant and Equipment	357,314	365,668
Reclamation Deposits	0	0
Equity-Accounted Investment	0	0
Other Long-Term Assets	0	0
Total Long-Term Assets	$ 14,870,899	$ 14,879,253

SEGMENTED INFORMATION (Details

SEGMENTED INFORMATION (Details 1) - USD ($)	3 Months Ended		6 Months Ended
	Jan. 31, 2018	Jan. 31, 2017	Jan. 31, 2018	Jan. 31, 2017
Costs and Expenses:
Mineral property expenditures	$ 980,215	$ 1,067,446	$ 2,656,915	$ 1,957,564
General and administrative	2,864,165	2,241,247	5,119,127	4,523,485
Depreciation, amortization and accretion	89,437	128,255	179,772	279,607
Impairment loss on mineral properties	0	154,774	0	297,942
Inventory write-down	0	0	0	60,694
Total Cost and Expenses	3,933,817	3,591,722	7,955,814	7,119,292
Loss from operations	(3,933,817)	(3,591,722)	(7,955,814)	(7,119,292)
Other income (expenses)	(667,093)	(749,207)	(1,210,124)	(1,483,147)
Loss before income taxes	(4,600,910)	(4,340,929)	(9,165,938)	(8,602,439)
United States Texas [Member]
Costs and Expenses:
Mineral property expenditures	467,284	449,523	1,183,908	948,807
General and administrative	1,706,667	1,607,974	3,160,538	3,265,437
Depreciation, amortization and accretion	81,998	127,022	167,784	275,067
Impairment loss on mineral properties	0	154,774	0	185,942
Inventory write-down			0	60,694
Total Cost and Expenses	2,255,949	2,339,293	4,512,230	4,735,947
Loss from operations	(2,255,949)	(2,339,293)	(4,512,230)	(4,735,947)
Other income (expenses)	(551,416)	(744,042)	(1,211,396)	(1,473,252)
Loss before income taxes	(2,807,365)	(3,083,335)	(5,723,626)	(6,209,199)
United States Arizona [Member]
Costs and Expenses:
Mineral property expenditures	22,822	22,751	46,562	46,512
General and administrative	3,710	5,340	7,099	26,983
Depreciation, amortization and accretion	0	0	0	0
Impairment loss on mineral properties	0	0	0	8,334
Inventory write-down			0	0
Total Cost and Expenses	26,532	28,091	53,661	81,829
Loss from operations	(26,532)	(28,091)	(53,661)	(81,829)
Other income (expenses)	(4,768)	(4,768)	(9,535)	(9,535)
Loss before income taxes	(31,300)	(32,859)	(63,196)	(91,364)
United States Wyoming [Member]
Costs and Expenses:
Mineral property expenditures	245,825	0	969,216	0
General and administrative	491,361	0	523,793	0
Depreciation, amortization and accretion	3,796	0	5,409	0
Impairment loss on mineral properties	0	0	0	0
Inventory write-down			0	0
Total Cost and Expenses	740,982	0	1,498,418	0
Loss from operations	(740,982)	0	(1,498,418)	0
Other income (expenses)	709	0	1,490	0
Loss before income taxes	(740,273)	0	(1,496,928)	0
United States Other States [Member]
Costs and Expenses:
Mineral property expenditures	16,189	14,868	36,359	32,830
General and administrative	1,122	1,068	2,244	2,135
Depreciation, amortization and accretion	249	249	498	498
Impairment loss on mineral properties	0	0	0	103,666
Inventory write-down			0	0
Total Cost and Expenses	17,560	16,185	39,101	139,129
Loss from operations	(17,560)	(16,185)	(39,101)	(139,129)
Other income (expenses)	0	0	0	0
Loss before income taxes	(17,560)	(16,185)	(39,101)	(139,129)
Canada [Member]
Costs and Expenses:
Mineral property expenditures	0	0	0	0
General and administrative	662,442	614,851	1,358,369	1,193,708
Depreciation, amortization and accretion	2,035	1,991	4,117	3,968
Impairment loss on mineral properties	0	0	0	0
Inventory write-down			0	0
Total Cost and Expenses	664,477	616,842	1,362,486	1,197,676
Loss from operations	(664,477)	(616,842)	(1,362,486)	(1,197,676)
Other income (expenses)	(108,789)	(399)	0	(399)
Loss before income taxes	(773,266)	(617,241)	(1,362,486)	(1,198,075)
Paraguay [Member]
Costs and Expenses:
Mineral property expenditures	228,095	580,304	420,870	929,415
General and administrative	(1,137)	12,014	67,084	35,222
Depreciation, amortization and accretion	1,359	(1,007)	1,964	74
Impairment loss on mineral properties	0	0	0	0
Inventory write-down			0	0
Total Cost and Expenses	228,317	591,311	489,918	964,711
Loss from operations	(228,317)	(591,311)	(489,918)	(964,711)
Other income (expenses)	(2,829)	2	9,317	39
Loss before income taxes	$ (231,146)	$ (591,309)	$ (480,601)	$ (964,672)

SEGMENTED INFORMATION (Detail66

SEGMENTED INFORMATION (Details Textual) - USD ($)	Jan. 31, 2018	Jul. 31, 2017
Assets, Noncurrent, Total	$ 74,738,319	$ 48,585,837
Percentage of Long Term Assets	80.00%
UNITED STATES
Assets, Noncurrent, Total	$ 59,525,044

SUPPLEMENTAL CASH FLOW INFORM67

SUPPLEMENTAL CASH FLOW INFORMATION (Details Textual) - USD ($)	Mar. 09, 2018	Aug. 09, 2017	Jan. 31, 2018	Jan. 31, 2017	Jul. 31, 2017
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures, Total			$ 284,306
Interest Expense, Debt			$ 817,778	$ 817,778
Stock Issued During Period, Shares, New Issues			398,839
Stock Issued During Period, Value, New Issues			$ 510,528
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,Amount			$ 0		$ 638,142
Shares Issued During Period Shares For Asset Acquisition Transaction Cost		217,702	217,702
Shares Issued During Period Value For Asset Acquisition Transaction Cost		$ 283,013	$ 283,012
Reimbursable Expenses			$ 483,829
Common Stock [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total			180,378
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures, Total			$ 179
Stock Issued During Period, Shares, Share-based Compensation, Gross			451,101	536,726
Stock Issued During Period, Value, Share-based Compensation, Gross			$ 616,468	$ 528,093
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, Shares, Restricted Stock Award, Gross		353,160	353,160
Restricted Stock [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
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
Reno Creek Project [Member]
Stock Issued During Period, Shares, Acquisitions		14,634,748	14,634,748
Payment To Acquire Assets		$ 909,930	$ 909,930
Subsequent Event [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total	43,759
Subsequent Event [Member] | Second Amended Credit Agreement [Member]
Stock Issued For Credit Facility Shares	641,574
Stock Issued For Credit Facility Value	$ 900,000
Consulting Services [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total			180,378	323,592
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures, Total			$ 284,306	$ 353,274

COMMITMENTS AND CONTINGENCIES68

COMMITMENTS AND CONTINGENCIES (Details)	Jan. 31, 2018USD ($)
Fiscal 2,018	$ 110,730
Fiscal 2,019	90,730
Fiscal 2,020	91,201
Fiscal 2,021	60,800
Fiscal 2,022	0
Total	$ 353,461

COMMITMENTS AND CONTINGENCIES69

COMMITMENTS AND CONTINGENCIES (Details Textual) - USD ($)	1 Months Ended		6 Months Ended
	Nov. 30, 2015	Apr. 03, 2012	Jan. 31, 2018
Loss Contingencies [Line Items]
Operating Leases, Rent Expense			$ 19,416
Management Fee Payable			$ 713,000
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 EVENTS (Details Text

SUBSEQUENT EVENTS (Details Textual) - Mar. 09, 2018 - Subsequent Event [Member]	USD ($)a$ / sharesshares	CADshares
Subsequent Event [Line Items]
Payments for Postemployment Benefits | $	$ 256,389
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures | shares	119,546	119,546
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures | shares	43,759	43,759
Accounts Payable and Accrued Liabilities [Member]
Subsequent Event [Line Items]
Liability, Pension and Other Postretirement and Postemployment Benefits, Current | $	$ 492,638
Diabase Acquisition [Member]
Subsequent Event [Line Items]
Area of Land | a	54,236
Assets Acquisition Percentage Of Voting Interests Acquired	100.00%
Payments to Acquire Businesses, Gross | $	$ 240,000
Percentage of Royalty Acuqired	100.00%	100.00%
Payments for Royalties | CAD		CAD 125,000
Restricted Stock [Member] | Diabase Acquisition [Member]
Subsequent Event [Line Items]
Asset Acquisition, Equity Interest Issued or Issuable, Deemed Price Per Share | $ / shares	$ 1.60
Asset Acquisition, Equity Interest Issued or Issuable, Number of Shares Issued | shares	164,767	164,767