Uranium Energy (UEC) 10-Q 11 Jun 18 2018 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Apr. 30, 2018	Jun. 07, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
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		160,397,532

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Apr. 30, 2018	Jul. 31, 2017
CURRENT ASSETS
Cash and cash equivalents	$ 11,223,448	$ 12,575,973
Short-term investments	1,000,000	10,000,000
Inventories	211,662	211,662
Prepaid expenses and deposits	1,249,053	685,992
Other current assets	117,713	117,770
Total Current Assets	13,801,876	23,591,397
MINERAL RIGHTS AND PROPERTIES	65,125,223	38,931,976
PROPERTY, PLANT AND EQUIPMENT	7,120,236	6,791,182
RECLAMATION DEPOSITS	1,779,182	1,706,028
EQUITY-ACCOUNTED INVESTMENT	242,775	151,676
OTHER LONG-TERM ASSETS	889,028	1,004,975
Total Assets	88,958,320	72,177,234
CURRENT LIABILITIES
Accounts payable and accrued liabilities	1,437,228	2,446,854
Due to related parties	935	768
Current portion of long-term debt	5,000,000	0
Total Current Liabilities	6,438,163	2,447,622
DEFERRED TAX LIABILITIES	1,004,197	609,470
LONG-TERM DEBT	14,238,168	19,254,835
ASSET RETIREMENT OBLIGATIONS	3,966,180	3,729,902
Total Liabilities	25,646,708	26,041,829
STOCKHOLDERS' EQUITY
Capital stock
Common stock $0.001 par value: 750,000,000 shares authorized, 158,482,881 shares issued and outstanding (July 31, 2017 - 139,815,214)	158,483	139,815
Additional paid-in capital	303,548,744	272,697,152
Share issuance obligation	0	638,142
Accumulated deficit	(240,381,301)	(227,325,002)
Accumulated other comprehensive loss	(14,314)	(14,702)
Total Stockholders' Equity	63,311,612	46,135,405
Total Liabilities and Stockholders' Equity	88,958,320	72,177,234
COMMITMENTS AND CONTINGENCIES

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Apr. 30, 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	158,482,881	139,815,214
Common Stock, Shares Outstanding	158,482,881	139,815,214

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)	3 Months Ended		9 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Apr. 30, 2018	Apr. 30, 2017
COSTS AND EXPENSES
Mineral property expenditures	$ 981,493	$ 999,241	$ 3,638,408	$ 2,956,805
General and administrative	2,407,571	2,092,656	7,526,698	6,616,141
Depreciation, amortization and accretion	88,294	117,792	268,066	397,399
Impairment loss on mineral properties	0	0	0	297,942
Inventory write-down	0	0	0	60,694
Total Operating Expenses	3,477,358	3,209,689	11,433,172	10,328,981
LOSS FROM OPERATIONS	(3,477,358)	(3,209,689)	(11,433,172)	(10,328,981)
OTHER INCOME (EXPENSES)
Interest income	38,467	63,994	188,335	69,424
Other income	1,649	35,712	37,483	35,712
Interest expenses and finance costs	(710,000)	(697,644)	(2,206,585)	(2,185,166)
Share of (loss) gain from equity-accounted investment	(10,134)	0	91,099	0
Loss on disposition of assets	(1,222)	0	(1,696)	(1,055)
Total Non-Operating Income Expense	(681,240)	(597,938)	(1,891,364)	(2,081,085)
LOSS BEFORE INCOME TAXES	(4,158,598)	(3,807,627)	(13,324,536)	(12,410,066)
DEFERRED TAX BENEFITS	11,952	8,763	268,237	26,139
NET LOSS FOR THE PERIOD	(4,146,646)	(3,798,864)	(13,056,299)	(12,383,927)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF INCOME TAXES	252	(28)	388	(26)
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD	$ (4,146,394)	$ (3,798,892)	$ (13,055,911)	$ (12,383,953)
NET LOSS PER SHARE, BASIC AND DILUTED	$ (0.03)	$ (0.03)	$ (0.08)	$ (0.10)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC AND DILUTED	157,704,601	137,452,998	155,996,660	124,676,016

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Apr. 30, 2018	Apr. 30, 2017
CASH PROVIDED BY (USED IN): OPERATING ACTIVITIES
Net loss for the period	$ (13,056,299)	$ (12,383,927)
Adjustments to reconcile net loss to cash flows in operating activities
Stock-based compensation	2,133,359	2,482,178
Depreciation, amortization and accretion	268,066	397,399
Amortization of long-term debt discount	883,333	869,830
Impairment loss on mineral properties	0	297,942
Inventory write-down	0	60,694
Loss on disposition of assets	1,696	1,055
Deferred tax benefits	(268,237)	(26,139)
Share of gain from equity-accounted investment	(91,099)	0
Reimbursable Expenses for Reno Creek Acquisition	483,829	0
Changes in operating assets and liabilities
Inventories	0	2,960
Prepaid expenses and deposits	(265,985)	(625,393)
Other current assets	445	(37,537)
Accounts payable and accrued liabilities	(477,222)	745,967
NET CASH FLOWS USED IN OPERATING ACTIVITIES	(10,388,114)	(8,214,971)
FINANCING ACTIVITIES
Shares issuance for cash, net of issuance costs	328,300	26,444,815
Due to a related party	167	998
NET CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	328,467	26,445,813
INVESTING ACTIVITIES
Net cash received from asset acquisition	215,065	0
Investment in mineral rights and properties	(309,120)	0
Purchase of property, plant and equipment	(11,242)	(40,250)
Increase in other long-term assets	(188,400)	0
Purchase of short-term investments	(21,771,253)	(16,000,671)
Redemption of short-term investments	30,771,253	0
Decrease in reclamation deposits	819	0
NET CASH FLOWS USED IN INVESTING ACTIVITIES	8,707,122	(16,040,921)
NET CASH FLOWS	(1,352,525)	2,189,921
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	12,575,973	7,142,571
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 11,223,448	$ 9,332,492

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	328,300	$ 909	327,391	0	0	0
Common stock Issued upon exercise of stock options (in shares)		908,178
Common stock Issued for credit facility	900,000	$ 641	899,359	0	0	0
Common stock Issued for credit facility (in shares)		641,574
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 Diabase Acquisition	232,321	$ 165	232,156	0	0	0
Common stock Issued for Diabase Acquisition (in shares)		164,767
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	698,961	$ 470	698,491	0	0	0
Common stock Issued for settlement of liabilities (in shares)		469,358
Stock-based compensation Common stock issued for consulting services	322,865	$ 208	322,657	0	0	0
Stock-based compensation Common stock issued for consulting services (in shares)		208,889
Stock-based compensation Common stock issued under 2017 Stock Incentive Plan	729,644	$ 1,023	1,366,763	(638,142)	0	0
Stock-based compensation Common stock issued under 2017 Stock Incentive Plan (in shares)		1,023,247
Stock-based compensation Stock options issued to consultants	385,082	$ 0	385,082	0	0	0
Stock-based compensation Stock options issued to management	226,907	0	226,907	0	0	0
Stock-based compensation Stock options issued to employees	440,844	0	440,844	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	(13,056,299)	0	0	0	(13,056,299)	0
Other comprehensive income	388	0	0	0	0	388
Balance at Apr. 30, 2018	63,311,612	$ 158,483	303,548,744	0	(240,381,301)	(14,314)
Balance (in shares) at Apr. 30, 2018		158,482,881
Net loss for the period	(4,146,646)
Balance at Apr. 30, 2018	$ 63,311,612	$ 158,483	$ 303,548,744	$ 0	$ (240,381,301)	$ (14,314)
Balance (in shares) at Apr. 30, 2018		158,482,881

NATURE OF OPERATIONS AND GOING

NATURE OF OPERATIONS AND GOING CONCERN	9 Months Ended
	Apr. 30, 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 nine months ended April 30, 2018, or for the fiscal years ended July 31, 2017 (“Fiscal 2017”), July 31, 2016 (“Fiscal 2016”) or 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 April 30, 2018, we had working capital of $ 7.4 11.2 1.0 These consolidated financial statements have been prepared on a going concern basis and do not include any adjustments to the amounts and classification of assets and liabilities that may be necessary in the event we can no longer continue as a going concern.

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Apr. 30, 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 (“U.S.”) 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 nine months ended April 30, 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	9 Months Ended
	Apr. 30, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses And Deposit [Text Block]	NOTE 3: PREPAID EXPENSES AND DEPOSITS April 30, 2018 July 31, 2017 Prepaid Property Renewal Fees $ 609,866 $ 189,845 Prepaid Insurance 213,325 91,073 Prepaid Listing and Subscriptions 90,384 60,289 Prepaid License Fees 66,207 16,389 Prepaid Surety Bond Premium 68,585 38,952 Deposits and Expense Advances 85,507 86,439 Other Prepaid Expenses 115,179 203,005 $ 1,249,053 $ 685,992

ACQUISITION OF RENO CREEK PROJE

ACQUISITION OF RENO CREEK PROJECT	9 Months Ended
	Apr. 30, 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 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 · 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 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	9 Months Ended
	Apr. 30, 2018
Mineral Industries Disclosures [Abstract]
Mineral Industries Disclosures [Text Block]	NOTE 5: MINERAL RIGHTS AND PROPERTIES Mineral Rights At April 30, 2018, we had mineral rights in the States of Arizona, Colorado, New Mexico, Wyoming and Texas, in Canada 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 April 30, 2018, annual maintenance payments of approximately $ 1,833,000 April 30, 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 - Diabase Project 546,938 - 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 68,987,629 42,755,064 Accumulated Depletion (3,929,884) (3,929,884) 65,057,745 38,825,180 Databases 2,410,038 2,410,038 Accumulated Amortization (2,401,943) (2,392,196) 8,095 17,842 Land Use Agreements 404,310 404,310 Accumulated Amortization (344,927) (315,356) 59,383 88,954 $ 65,125,223 $ 38,931,976 We have not established proven or probable reserves, as defined by the SEC under Industry Guide 7, for any of our mineral projects. We have established the existence of mineralized materials for certain mineral projects, including the Palangana Mine. Since we commenced uranium extraction at the Palangana Mine without having established proven or probable reserves, there may be greater inherent uncertainty as to whether or not any mineralized material can be economically extracted as originally planned and anticipated. During the three months ended April 30, 2018, we completed a definitive purchase agreement (the “Diabase Purchase Agreement”) with Nuinsco Resources Limited (“Nuinsco”), to acquire 100 54,236 In accordance with ASC 360: Property, Plant and Equipment, the Diabase Acquisition was accounted for as an asset acquisition. In connection with the Diabase Acquisition, we paid total 546,938 239,120 164,767 232,321 75,497 Concurrently with the closing of the Diabase Acquisition, Uranium Royalty Corp. (“URC”), a private entity that UEC has the ability to exercise significant influence on, was granted an exclusive right and option to acquire 100 125,000 1,750,000 During the nine months ended April 30, 2018, we paid $ 50,000 46,134 61,820 During the nine months ended April 30, 2017, we abandoned the Nichols Project located in Texas with an acquisition cost of $ 154,774 143,168 297,942 During the three and nine months ended April 30, 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 nine months ended April 30, 2018 and 2017, respectively. Three Months Ended April 30, Nine Months Ended April 30, 2018 2017 2018 2017 Mineral Property Expenditures Palangana Mine $ 264,447 $ 239,781 $ 740,977 $ 625,430 Goliad Project 28,658 40,295 71,373 90,174 Burke Hollow Project 152,307 288,742 570,099 439,058 Longhorn Project 5,760 23,724 11,832 24,777 Salvo Project 6,702 6,701 20,338 21,710 Anderson Project 15,211 30,489 45,241 45,993 Workman Creek Project 7,673 7,673 23,627 23,593 Slick Rock Project 12,206 12,207 40,012 36,759 Reno Creek Project 158,546 - 1,126,918 - Yuty Project 114,481 91,175 339,677 282,887 Oviedo Project 17,982 58,054 99,224 273,124 Alto Paraná Titanium Project 33,312 95,460 147,744 618,093 Other Mineral Property Expenditures 164,208 104,940 401,346 475,207 $ 981,493 $ 999,241 $ 3,638,408 $ 2,956,805 During the nine months ended April 30, 2018, and in connection with the Reno Creek Acquisition, we issued 353,160 483,829

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	9 Months Ended
	Apr. 30, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 6: PROPERTY, PLANT AND EQUIPMENT April 30, 2018 July 31, 2017 Accumulated Net Book Accumulated Net Book Cost Depreciation Value Cost Depreciation Value Hobson Processing Facility $ 6,819,088 $ (773,933) $ 6,045,155 $ 6,819,088 $ (773,933) $ 6,045,155 Mining Equipment 2,438,681 (2,406,874) 31,807 2,438,681 (2,378,737) 59,944 Logging Equipment and Vehicles 1,971,742 (1,844,124) 127,618 1,971,742 (1,825,389) 146,353 Computer Equipment 606,279 (573,281) 32,998 582,980 (565,223) 17,757 Furniture and Fixtures 170,701 (168,673) 2,028 170,701 (168,248) 2,453 Land and Buildings 889,605 (8,975) 880,630 519,520 - 519,520 $ 12,896,096 $ (5,775,860) $ 7,120,236 $ 12,502,712 $ (5,711,530) $ 6,791,182 During the nine months ended April 30, 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 nine months ended April 30, 2018 and 2017, respectively. During the nine months ended April 30, 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	9 Months Ended
	Apr. 30, 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 During the nine months ended April 30, 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 (38,057) Gain on ownership interest dilution 129,156 Balance, April 30, 2018 $ 242,775

DUE TO RELATED PARTIES AND RELA

DUE TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS	9 Months Ended
	Apr. 30, 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 nine months ended April 30, 2018, we incurred $ 36,210 112,850 30,664 134,515 During the nine months ended April 30, 2018, we issued 104,706 141,678 During the three and nine months ended April 30, 2017, we issued 59,546 148,368 78,572 170,060 At April 30, 2018, the amount owing to Blender was $ 935 768

TAX REFORM AND DEFERRED TAX LIA

TAX REFORM AND DEFERRED TAX LIABILITIES	9 Months Ended
	Apr. 30, 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 U.S. 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 the 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	9 Months Ended
	Apr. 30, 2018
Debt Disclosure [Abstract]
Long-term Debt [Text Block]	NOTE 10: LONG-TERM DEBT April 30, 2018 July 31, 2017 Principal amount $ 20,000,000 $ 20,000,000 Unamortized discount (761,832) (745,165) Long-term debt, net of unamortized discount 19,238,168 19,254,835 Current portion 5,000,000 - Long-term debt, net of current portion $ 14,238,168 $ 19,254,835 During the three months ended April 30, 2018, and pursuant to the terms of our Second Amended Credit Agreement, we issued 641,574 900,000 4.5 20,000,000 For the three and nine months ended April 30, 2018 and 2017, the amortization of debt discount totaled $ 277,502 883,333 268,262 869,830 As at April 30, 2018, the current portion of the long-term debt totaled $ 5,000,000 Fiscal 2018 $ - Fiscal 2019 10,000,000 Fiscal 2020 10,000,000 Total $ 20,000,000

ASSET RETIREMENT OBLIGATIONS

ASSET RETIREMENT OBLIGATIONS	9 Months Ended
	Apr. 30, 2018
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligation Disclosure [Text Block]	NOTE 11: ASSET RETIREMENT OBLIGATIONS Balance, July 31, 2017 $ 3,729,902 Accretion 162,305 Assumed from Reno Creek Acquisition 73,973 Balance, April 30, 2018 $ 3,966,180 April 30, 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	9 Months Ended
	Apr. 30, 2018
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 12: 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 Credit Facility 641,574 1.40 1.40 900,000 Diabase Acquisition 164,767 1.41 1.41 232,321 Consulting Services 28,511 1.33 1.43 38,559 Options Exercised (3) 657,246 0.45 1.28 298,204 Settlement of Current Liabilities 364,652 1.33 1.72 557,283 Shares Issued Under 2017 Stock Incentive Plan 173,307 1.30 1.57 240,790 Balance, April 30, 2018 158,482,881 (1) 111,250 66,516 (2) 171,250 74,416 (3) 238,125 157,246 Share Purchase Warrants Weighted Number of Warrants Expiry Date Weighted Average $ 1.20 4,604,631 March 10, 2019 0.86 1.35 2,600,000 January 30, 2020 1.75 1.95 50,000 June 3, 2018 0.09 2.00 9,571,929 January 20, 2020 1.72 2.30 11,308,728 August 9, 2022 4.28 2.35 2,850,000 June 25, 2018 0.15 $ 1.97 30,985,288 2.38 During the nine months ended April 30, 2018, in connection with the Reno Creek Acquisition, we issued 11,308,728 2.30 Stock Options At April 30, 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 nine months ended April 30, 2018, we granted stock options under the 2017 Plan to certain directors, officers, employees and consultants to purchase a total of 2,054,000 1.09 1.29 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. Options Exercise Term Fair Expected Risk-Free Dividend Expected Date Issued Price (Years) Value Life (Years) Interest Rate Yield Volatility 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 % March 1, 2018 50,000 1.29 5.00 29,117 2.80 2.32 % 0.00 % 68.42 % Total 2,054,000 $ 1,287,665 Number of Stock Weighted Average Options Exercise Price 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 Granted 50,000 1.29 Exercised (738,125) 0.46 Balance, April 30, 2018 13,132,625 $ 1.39 At April 30, 2018, the aggregate intrinsic value under the provisions of ASC 718 of all outstanding stock options was estimated at $ 3,368,554 2,988,364 380,190 At April 30, 2018, unrecognized stock-based compensation expense related to the unvested portion of stock options granted totaled $ 488,585 0.86 Options Outstanding Options Exercisable Range of Outstanding at Weighted Weighted Average Exercisable at Weighted Weighted Average $0.45 to $1.06 1,935,500 $ 0.93 3.13 1,935,500 $ 0.93 3.13 $1.07 to $2.00 9,924,625 1.28 2.18 8,371,625 1.29 1.79 $2.01 to $3.86 1,272,500 2.89 2.58 1,272,500 2.89 2.58 13,132,625 $ 1.39 2.36 11,579,625 $ 1.40 2.10 Stock-Based Compensation Three Months Ended April 30, Nine Months Ended April 30, 2018 2017 2018 2017 Stock-Based Compensation for Consultants Common stock issued for consulting services $ 168,107 $ 398,944 $ 606,885 $ 920,971 Stock options issued to consultants 43,463 24,796 385,082 303,047 211,570 423,740 991,967 1,224,018 Stock-Based Compensation for Management Common stock issued to management 34,265 33,057 103,509 175,950 Stock options issued to management 45,926 62,873 226,907 430,218 80,191 95,930 330,416 606,168 Stock-Based Compensation for Employees Common stock issued to employees 120,711 106,166 497,747 322,613 Stock options issued to employees 106,113 42,041 440,844 329,379 226,824 148,207 938,591 651,992 Settlement of share issuance obligation - - (127,615) - $ 518,585 $ 667,877 $ 2,133,359 $ 2,482,178 On August 22, 2017, we issued 398,839 510,528 638,142 127,615

LOSS PER SHARE

LOSS PER SHARE	9 Months Ended
	Apr. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	NOTE 13: LOSS PER SHARE Three Months Ended April 30, Nine Months Ended April 30, 2018 2017 2018 2017 Numerator Net Loss for the Period $ (4,146,646) $ (3,798,864) $ (13,056,299) $ (12,383,927) Denominator Basic Weighted Average Number of Shares 157,704,601 137,452,998 155,996,660 124,676,016 Dilutive Stock Options and Warrants - - - - Diluted Weighted Average Number of Shares 157,704,601 137,452,998 155,996,660 124,676,016 Net Loss per Share, Basic and Diluted $ (0.03) $ (0.03) $ (0.08) $ (0.10) For the three and nine months ended April 30, 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	9 Months Ended
	Apr. 30, 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 April 30, 2018, our long-term assets located in the United States totaled $ 59,467,948 79 75,156,444 April 30, 2018 United States Balance Sheet Items Texas Arizona Wyoming Other States Canada Paraguay Total Mineral Rights and Properties $ 12,742,158 $ 11,044,018 $ 25,553,807 $ 724,717 $ 546,938 $ 14,513,585 $ 65,125,223 Property, Plant and Equipment 6,373,925 - 361,113 - 28,709 356,489 7,120,236 Reclamation Deposits 1,690,209 15,000 73,973 - - - 1,779,182 Equity-Accounted Investment - - - - 242,775 - 242,775 Other Long-Term Assets 460,821 - 428,207 - - - 889,028 Total Long-Term Assets $ 21,267,113 $ 11,059,018 $ 26,417,100 $ 724,717 $ 818,422 $ 14,870,074 $ 75,156,444 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 Three Months Ended April 30, 2018 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 611,170 $ 23,136 $ 165,566 $ 15,846 $ - $ 165,775 $ 981,493 General and administrative 1,427,445 3,389 34,533 1,141 794,682 146,381 2,407,571 Depreciation, amortization and accretion 79,903 - 3,716 249 3,600 826 88,294 Impairment loss on mineral properties - - - - - - - 2,118,518 26,525 203,815 17,236 798,282 312,982 3,477,358 Loss from operations (2,118,518) (26,525) (203,815) (17,236) (798,282) (312,982) (3,477,358) Other income (expenses) (677,570) (4,611) (249) - - 1,190 (681,240) Loss before income taxes $ (2,796,088) $ (31,136) $ (204,064) $ (17,236) $ (798,282) $ (311,792) $ (4,158,598) Three Months Ended April 30, 2017 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 703,147 $ 23,354 $ - $ 28,051 $ - $ 244,689 $ 999,241 General and administrative 1,363,303 3,389 - 1,068 721,423 3,473 2,092,656 Depreciation, amortization and accretion 115,071 - - 249 2,016 456 117,792 Impairment loss on mineral properties - - - - - - - 2,181,521 26,743 - 29,368 723,439 248,618 3,209,689 Loss from operations (2,181,521) (26,743) - (29,368) (723,439) (248,618) (3,209,689) Other income (expenses) (593,873) (4,611) - - 1,034 (488) (597,938) Loss before income taxes $ (2,775,394) $ (31,354) $ - $ (29,368) $ (722,405) $ (249,106) $ (3,807,627) Nine Months Ended April 30, 2018 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 1,795,078 $ 69,698 $ 1,134,782 $ 52,205 $ - $ 586,645 $ 3,638,408 General and administrative 4,587,983 10,488 558,326 3,385 2,153,051 213,465 7,526,698 Depreciation, amortization and accretion 247,687 - 9,125 747 7,717 2,790 268,066 Impairment loss on mineral properties - - - - - - - Inventory write-down - - - - - - - 6,630,748 80,186 1,702,233 56,337 2,160,768 802,900 11,433,172 Loss from operations (6,630,748) (80,186) (1,702,233) (56,337) (2,160,768) (802,900) (11,433,172) Other income (expenses) (1,888,966) (14,146) 1,241 - - 10,507 (1,891,364) Loss before income taxes $ (8,519,714) $ (94,332) $ (1,700,992) $ (56,337) $ (2,160,768) $ (792,393) $ (13,324,536) Nine Months Ended April 30, 2017 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 1,651,954 $ 69,866 $ - $ 60,881 $ - $ 1,174,104 $ 2,956,805 General and administrative 4,628,740 30,372 - 3,203 1,915,131 38,695 6,616,141 Depreciation, amortization and accretion 390,138 - - 747 5,984 530 397,399 Impairment loss on mineral properties 185,942 8,334 - 103,666 - - 297,942 Inventory write-down 60,694 - - - - - 60,694 6,917,468 108,572 - 168,497 1,921,115 1,213,329 10,328,981 Loss from operations (6,917,468) (108,572) - (168,497) (1,921,115) (1,213,329) (10,328,981) Other income (expenses) (2,067,125) (14,146) - - 635 (449) (2,081,085) Loss before income taxes $ (8,984,593) $ (122,718) $ - $ (168,497) $ (1,920,480) $ (1,213,778) $ (12,410,066)

SUPPLEMENTAL CASH FLOW INFORMAT

SUPPLEMENTAL CASH FLOW INFORMATION	9 Months Ended
	Apr. 30, 2018
Supplemental Cash Flow Elements [Abstract]
Cash Flow, Supplemental Disclosures [Text Block]	NOTE 15: SUPPLEMENTAL CASH FLOW INFORMATION During the nine months ended April 30, 2018 and 2017, we issued 208,889 559,623 322,865 694,170 During the nine months ended April 30, 2018 and 2017, we issued 624,408 670,425 857,258 725,364 During the nine months ended April 30, 2018, we issued 398,839 510,528 638,142 During the nine months ended April 30, 2018 and 2017, we issued 306,053 151,679 442,571 175,060 During the nine months ended April 30, 2018, we paid $ 256,389 163,305 119,546 492,638 During the nine months ended April 30, 2018 and 2017, we issued 46,134 46,800 61,820 48,672 During the nine months ended April 30, 2018, we issued 14,634,748 909,930 353,160 483,829 217,702 283,013 During the nine months ended April 30, 2018, we issued 164,767 232,321 239,120 During the nine months ended April 30, 2018 and 2017, we paid $ 1,213,333 1,213,333 During the three months ended April 30, 2018, we issued 641,574 900,000

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Apr. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 16: 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 $ 20,617 Fiscal 2018 $ 62,108 Fiscal 2019 123,116 Fiscal 2020 87,082 Fiscal 2021 58,055 Fiscal 2022 - $ 330,361 We are committed to paying our key executives a total of $ 708,000 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. On March 22, 2018, the plaintiffs filed an appeal of the District Court’s order of dismissal. On March 28, 2018, the Company and plaintiffs entered into a mutual general release, whereby the plaintiffs agreed to withdraw their appeal and irrevocably release any and all claims against the Company in exchange for the Company’s agreement to irrevocably release any and all claims against the plaintiffs, including any claims for attorneys’ fees and costs that the Company incurred in defending the action. On April 19, 2018, the Court of Appeals entered an order dismissing the appeal. The case is now closed. 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. The Company has had recent communications and filings with the Ministry of Public Works and Communications (“MOPC”), the mining regulator in Paraguay, whereby the MOPC is taking the position that certain concessions forming part of the Company’s Yuty, Oviedo and Alto Parana projects are not eligible for extension as to exploration or continuation to exploitation in their current stages. While the Company remains fully committed to its development path forward in Paraguay, it caused its legal counsel to file an appeal with the Administrative Courts in Paraguay to reverse the MOPC’s position in order to protect the Company’s continuing rights in those concessions. In the interim the Company also continues to pay all required maintenance fees and otherwise conducts its business in a manner to comply with all applicable mining laws in Paraguay. 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	9 Months Ended
	Apr. 30, 2018
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 17: SUBSEQUENT EVENT Subsequent to April 30, 2018, we completed a purchase agreement (the “NRC Purchase Agreement”) with Uranerz Energy Corporation (“Uranerz”), a wholly owned subsidiary of Energy Fuels Inc., whereby we acquired 100 In connection with the closing of the NRC Purchase Agreement, we paid Uranerz the following consideration: · $ 2,940,000 · 1,625,531 1.5072

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Apr. 30, 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)	9 Months Ended
	Apr. 30, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]	At April 30, 2018, prepaid expenses and deposits consisted of the following: April 30, 2018 July 31, 2017 Prepaid Property Renewal Fees $ 609,866 $ 189,845 Prepaid Insurance 213,325 91,073 Prepaid Listing and Subscriptions 90,384 60,289 Prepaid License Fees 66,207 16,389 Prepaid Surety Bond Premium 68,585 38,952 Deposits and Expense Advances 85,507 86,439 Other Prepaid Expenses 115,179 203,005 $ 1,249,053 $ 685,992

ACQUISITION OF RENO CREEK PRO26

ACQUISITION OF RENO CREEK PROJECT (Tables)	9 Months Ended
	Apr. 30, 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)	9 Months Ended
	Apr. 30, 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: April 30, 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 - Diabase Project 546,938 - 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 68,987,629 42,755,064 Accumulated Depletion (3,929,884) (3,929,884) 65,057,745 38,825,180 Databases 2,410,038 2,410,038 Accumulated Amortization (2,401,943) (2,392,196) 8,095 17,842 Land Use Agreements 404,310 404,310 Accumulated Amortization (344,927) (315,356) 59,383 88,954 $ 65,125,223 $ 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 April 30, Nine Months Ended April 30, 2018 2017 2018 2017 Mineral Property Expenditures Palangana Mine $ 264,447 $ 239,781 $ 740,977 $ 625,430 Goliad Project 28,658 40,295 71,373 90,174 Burke Hollow Project 152,307 288,742 570,099 439,058 Longhorn Project 5,760 23,724 11,832 24,777 Salvo Project 6,702 6,701 20,338 21,710 Anderson Project 15,211 30,489 45,241 45,993 Workman Creek Project 7,673 7,673 23,627 23,593 Slick Rock Project 12,206 12,207 40,012 36,759 Reno Creek Project 158,546 - 1,126,918 - Yuty Project 114,481 91,175 339,677 282,887 Oviedo Project 17,982 58,054 99,224 273,124 Alto Paraná Titanium Project 33,312 95,460 147,744 618,093 Other Mineral Property Expenditures 164,208 104,940 401,346 475,207 $ 981,493 $ 999,241 $ 3,638,408 $ 2,956,805

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	9 Months Ended
	Apr. 30, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property, plant and equipment consisted of the following: April 30, 2018 July 31, 2017 Accumulated Net Book Accumulated Net Book Cost Depreciation Value Cost Depreciation Value Hobson Processing Facility $ 6,819,088 $ (773,933) $ 6,045,155 $ 6,819,088 $ (773,933) $ 6,045,155 Mining Equipment 2,438,681 (2,406,874) 31,807 2,438,681 (2,378,737) 59,944 Logging Equipment and Vehicles 1,971,742 (1,844,124) 127,618 1,971,742 (1,825,389) 146,353 Computer Equipment 606,279 (573,281) 32,998 582,980 (565,223) 17,757 Furniture and Fixtures 170,701 (168,673) 2,028 170,701 (168,248) 2,453 Land and Buildings 889,605 (8,975) 880,630 519,520 - 519,520 $ 12,896,096 $ (5,775,860) $ 7,120,236 $ 12,502,712 $ (5,711,530) $ 6,791,182

EQUITY-ACCOUNTED INVESTMENT (Ta

EQUITY-ACCOUNTED INVESTMENT (Tables)	9 Months Ended
	Apr. 30, 2018
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments [Table Text Block]	During the nine months ended April 30, 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 (38,057) Gain on ownership interest dilution 129,156 Balance, April 30, 2018 $ 242,775

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
	Apr. 30, 2018
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	As at April 30, 2018, long-term debt consisted of the following: April 30, 2018 July 31, 2017 Principal amount $ 20,000,000 $ 20,000,000 Unamortized discount (761,832) (745,165) Long-term debt, net of unamortized discount 19,238,168 19,254,835 Current portion 5,000,000 - Long-term debt, net of current portion $ 14,238,168 $ 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 April 30, 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)	9 Months Ended
	Apr. 30, 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 162,305 Assumed from Reno Creek Acquisition 73,973 Balance, April 30, 2018 $ 3,966,180
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: April 30, 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)	9 Months Ended
	Apr. 30, 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 nine months ended April 30, 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 Credit Facility 641,574 1.40 1.40 900,000 Diabase Acquisition 164,767 1.41 1.41 232,321 Consulting Services 28,511 1.33 1.43 38,559 Options Exercised (3) 657,246 0.45 1.28 298,204 Settlement of Current Liabilities 364,652 1.33 1.72 557,283 Shares Issued Under 2017 Stock Incentive Plan 173,307 1.30 1.57 240,790 Balance, April 30, 2018 158,482,881 (1) 111,250 66,516 (2) 171,250 74,416 (3) 238,125 157,246
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	A summary of share purchase warrants outstanding and exercisable at April 30, 2018 are as follows: Weighted Number of Warrants Expiry Date Weighted Average $ 1.20 4,604,631 March 10, 2019 0.86 1.35 2,600,000 January 30, 2020 1.75 1.95 50,000 June 3, 2018 0.09 2.00 9,571,929 January 20, 2020 1.72 2.30 11,308,728 August 9, 2022 4.28 2.35 2,850,000 June 25, 2018 0.15 $ 1.97 30,985,288 2.38
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 nine months ended April 30, 2018, including corresponding grant date fair values and assumptions using the Black Scholes option pricing model is as follows: Options Exercise Term Fair Expected Risk-Free Dividend Expected Date Issued Price (Years) Value Life (Years) Interest Rate Yield Volatility 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 % March 1, 2018 50,000 1.29 5.00 29,117 2.80 2.32 % 0.00 % 68.42 % Total 2,054,000 $ 1,287,665
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 nine months ended April 30, 2018 is as follows: Number of Stock Weighted Average Options Exercise Price 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 Granted 50,000 1.29 Exercised (738,125) 0.46 Balance, April 30, 2018 13,132,625 $ 1.39
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 April 30, 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 1,935,500 $ 0.93 3.13 1,935,500 $ 0.93 3.13 $1.07 to $2.00 9,924,625 1.28 2.18 8,371,625 1.29 1.79 $2.01 to $3.86 1,272,500 2.89 2.58 1,272,500 2.89 2.58 13,132,625 $ 1.39 2.36 11,579,625 $ 1.40 2.10
Schedule Of Stock based Compensation Expense [Table Text Block]	A summary of stock-based compensation expense is as follows: Three Months Ended April 30, Nine Months Ended April 30, 2018 2017 2018 2017 Stock-Based Compensation for Consultants Common stock issued for consulting services $ 168,107 $ 398,944 $ 606,885 $ 920,971 Stock options issued to consultants 43,463 24,796 385,082 303,047 211,570 423,740 991,967 1,224,018 Stock-Based Compensation for Management Common stock issued to management 34,265 33,057 103,509 175,950 Stock options issued to management 45,926 62,873 226,907 430,218 80,191 95,930 330,416 606,168 Stock-Based Compensation for Employees Common stock issued to employees 120,711 106,166 497,747 322,613 Stock options issued to employees 106,113 42,041 440,844 329,379 226,824 148,207 938,591 651,992 Settlement of share issuance obligation - - (127,615) - $ 518,585 $ 667,877 $ 2,133,359 $ 2,482,178

LOSS PER SHARE (Tables)

LOSS PER SHARE (Tables)	9 Months Ended
	Apr. 30, 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 April 30, Nine Months Ended April 30, 2018 2017 2018 2017 Numerator Net Loss for the Period $ (4,146,646) $ (3,798,864) $ (13,056,299) $ (12,383,927) Denominator Basic Weighted Average Number of Shares 157,704,601 137,452,998 155,996,660 124,676,016 Dilutive Stock Options and Warrants - - - - Diluted Weighted Average Number of Shares 157,704,601 137,452,998 155,996,660 124,676,016 Net Loss per Share, Basic and Diluted $ (0.03) $ (0.03) $ (0.08) $ (0.10)

SEGMENTED INFORMATION (Tables)

SEGMENTED INFORMATION (Tables)	9 Months Ended
	Apr. 30, 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: April 30, 2018 United States Balance Sheet Items Texas Arizona Wyoming Other States Canada Paraguay Total Mineral Rights and Properties $ 12,742,158 $ 11,044,018 $ 25,553,807 $ 724,717 $ 546,938 $ 14,513,585 $ 65,125,223 Property, Plant and Equipment 6,373,925 - 361,113 - 28,709 356,489 7,120,236 Reclamation Deposits 1,690,209 15,000 73,973 - - - 1,779,182 Equity-Accounted Investment - - - - 242,775 - 242,775 Other Long-Term Assets 460,821 - 428,207 - - - 889,028 Total Long-Term Assets $ 21,267,113 $ 11,059,018 $ 26,417,100 $ 724,717 $ 818,422 $ 14,870,074 $ 75,156,444 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 nine months ended April 30, 2018 and 2017. All intercompany transactions have been eliminated. Three Months Ended April 30, 2018 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 611,170 $ 23,136 $ 165,566 $ 15,846 $ - $ 165,775 $ 981,493 General and administrative 1,427,445 3,389 34,533 1,141 794,682 146,381 2,407,571 Depreciation, amortization and accretion 79,903 - 3,716 249 3,600 826 88,294 Impairment loss on mineral properties - - - - - - - 2,118,518 26,525 203,815 17,236 798,282 312,982 3,477,358 Loss from operations (2,118,518) (26,525) (203,815) (17,236) (798,282) (312,982) (3,477,358) Other income (expenses) (677,570) (4,611) (249) - - 1,190 (681,240) Loss before income taxes $ (2,796,088) $ (31,136) $ (204,064) $ (17,236) $ (798,282) $ (311,792) $ (4,158,598) Three Months Ended April 30, 2017 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 703,147 $ 23,354 $ - $ 28,051 $ - $ 244,689 $ 999,241 General and administrative 1,363,303 3,389 - 1,068 721,423 3,473 2,092,656 Depreciation, amortization and accretion 115,071 - - 249 2,016 456 117,792 Impairment loss on mineral properties - - - - - - - 2,181,521 26,743 - 29,368 723,439 248,618 3,209,689 Loss from operations (2,181,521) (26,743) - (29,368) (723,439) (248,618) (3,209,689) Other income (expenses) (593,873) (4,611) - - 1,034 (488) (597,938) Loss before income taxes $ (2,775,394) $ (31,354) $ - $ (29,368) $ (722,405) $ (249,106) $ (3,807,627) Nine Months Ended April 30, 2018 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 1,795,078 $ 69,698 $ 1,134,782 $ 52,205 $ - $ 586,645 $ 3,638,408 General and administrative 4,587,983 10,488 558,326 3,385 2,153,051 213,465 7,526,698 Depreciation, amortization and accretion 247,687 - 9,125 747 7,717 2,790 268,066 Impairment loss on mineral properties - - - - - - - Inventory write-down - - - - - - - 6,630,748 80,186 1,702,233 56,337 2,160,768 802,900 11,433,172 Loss from operations (6,630,748) (80,186) (1,702,233) (56,337) (2,160,768) (802,900) (11,433,172) Other income (expenses) (1,888,966) (14,146) 1,241 - - 10,507 (1,891,364) Loss before income taxes $ (8,519,714) $ (94,332) $ (1,700,992) $ (56,337) $ (2,160,768) $ (792,393) $ (13,324,536) Nine Months Ended April 30, 2017 United States Statement of Operations Texas Arizona Wyoming Other States Canada Paraguay Total Costs and Expenses: Mineral property expenditures $ 1,651,954 $ 69,866 $ - $ 60,881 $ - $ 1,174,104 $ 2,956,805 General and administrative 4,628,740 30,372 - 3,203 1,915,131 38,695 6,616,141 Depreciation, amortization and accretion 390,138 - - 747 5,984 530 397,399 Impairment loss on mineral properties 185,942 8,334 - 103,666 - - 297,942 Inventory write-down 60,694 - - - - - 60,694 6,917,468 108,572 - 168,497 1,921,115 1,213,329 10,328,981 Loss from operations (6,917,468) (108,572) - (168,497) (1,921,115) (1,213,329) (10,328,981) Other income (expenses) (2,067,125) (14,146) - - 635 (449) (2,081,085) Loss before income taxes $ (8,984,593) $ (122,718) $ - $ (168,497) $ (1,920,480) $ (1,213,778) $ (12,410,066)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Apr. 30, 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 $ 62,108 Fiscal 2019 123,116 Fiscal 2020 87,082 Fiscal 2021 58,055 Fiscal 2022 - $ 330,361

NATURE OF OPERATIONS AND GOIN36

NATURE OF OPERATIONS AND GOING CONCERN (Details Textual) - USD ($)	9 Months Ended
	Apr. 30, 2018	Jul. 31, 2017	Apr. 30, 2017	Jul. 31, 2016
Entity Incorporation, Date of Incorporation	May 16, 2003
Working Capital	$ 7,400,000
Cash and Cash Equivalents, at Carrying Value	11,223,448	$ 12,575,973	$ 9,332,492	$ 7,142,571
Short-term Investments	$ 1,000,000	$ 10,000,000

PREPAID EXPENSES AND DEPOSITS37

PREPAID EXPENSES AND DEPOSITS (Details) - USD ($)	Apr. 30, 2018	Jul. 31, 2017
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid Property Renewal Fees	$ 609,866	$ 189,845
Prepaid Insurance	213,325	91,073
Prepaid Listing and Subscriptions	90,384	60,289
Prepaid License Fees	66,207	16,389
Prepaid Surety Bond Premium	68,585	38,952
Deposits and Expense Advances	85,507	86,439
Other Prepaid Expenses	115,179	203,005
Prepaid Expense and Other Assets, Current	$ 1,249,053	$ 685,992

ACQUISITION OF RENO CREEK PRO38

ACQUISITION OF RENO CREEK PROJECT (Details) - USD ($)	Aug. 09, 2017	Apr. 30, 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		$ (3,966,180)	$ (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	Apr. 30, 2018
Asset Acquisition [Line Items]
Asset Acquisition Share Price		$ 1.37
Asset Acquisition, Number of Warrants Issued		14,634,748
Asset Acquisition, Warrants Price		$ 0.45
Stock Issued During Period, Shares, Acquisitions	14,392,927	11,308,728

ACQUISITION OF RENO CREEK PRO40

ACQUISITION OF RENO CREEK PROJECT (Details Textual)	Aug. 09, 2017USD ($)ashares	Apr. 30, 2018USD ($)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	$ 283,013
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, Acquisitions | shares		14,852,450
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares		353,160
Reno Creek Project [Member]
Asset Acquisition [Line Items]
Payment To Acquire Assets	$ 909,930	$ 909,930
Stock Issued During Period, Shares, Acquisitions | shares	14,392,927	11,308,728
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 ($)	Apr. 30, 2018	Jul. 31, 2017
Mineral Rights and Properties
Mineral Rights and Properties, Gross	$ 68,987,629	$ 42,755,064
Accumulated Depletion	(3,929,884)	(3,929,884)
Mineral Rights and Properties, Net Of Accumulated Depletion	65,057,745	38,825,180
Mineral Rights and Properties	65,125,223	38,931,976
Databases [Member]
Mineral Rights and Properties
Finite-Lived Intangible Assets, Gross	2,410,038	2,410,038
Accumulated Amortization	(2,401,943)	(2,392,196)
Finite-Lived Intangible Assets, Total	8,095	17,842
Land Use Agreements [Member]
Mineral Rights and Properties
Finite-Lived Intangible Assets, Gross	404,310	404,310
Accumulated Amortization	(344,927)	(315,356)
Finite-Lived Intangible Assets, Total	59,383	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
Diabase Project [Member]
Mineral Rights and Properties
Mineral Rights and Properties, Gross	546,938	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		9 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Apr. 30, 2018	Apr. 30, 2017
Mineral property expenditures	$ 981,493	$ 999,241	$ 3,638,408	$ 2,956,805
Palangana Mine [Member]
Mineral property expenditures	264,447	239,781	740,977	625,430
Goliad Project [Member]
Mineral property expenditures	28,658	40,295	71,373	90,174
Burke Hollow Project [Member]
Mineral property expenditures	152,307	288,742	570,099	439,058
Longhorn Project [Member]
Mineral property expenditures	5,760	23,724	11,832	24,777
Salvo Project [Member]
Mineral property expenditures	6,702	6,701	20,338	21,710
Anderson Project [Member]
Mineral property expenditures	15,211	30,489	45,241	45,993
Workman Creek Project [Member]
Mineral property expenditures	7,673	7,673	23,627	23,593
Slick Rock Project [Member]
Mineral property expenditures	12,206	12,207	40,012	36,759
Reno Creek Project [Member]
Mineral property expenditures	158,546	0	1,126,918	0
Yuty Project [Member]
Mineral property expenditures	114,481	91,175	339,677	282,887
Oviedo Project [Member]
Mineral property expenditures	17,982	58,054	99,224	273,124
Alto Parana Titanium Project [Member]
Mineral property expenditures	33,312	95,460	147,744	618,093
Other Mineral Property Expenditures [Member]
Mineral property expenditures	$ 164,208	$ 104,940	$ 401,346	$ 475,207

MINERAL RIGHTS AND PROPERTIES43

MINERAL RIGHTS AND PROPERTIES (Details Textual)	3 Months Ended		9 Months Ended
	Apr. 30, 2018USD ($)ashares	Apr. 30, 2017USD ($)	Apr. 30, 2018USD ($)ashares	Apr. 30, 2017USD ($)
Payments to Acquire Mineral Rights			$ 309,120	$ 0
Exploration Abandonment and Impairment Expense	$ 0	$ 0	0	297,942
Stock Issued During Period Value For Mineral Properties			61,820
Stock Issued During Period, Value, Acquisitions			20,332,617
Reimbursable Expenses			$ 483,829
Restricted Stock [Member]
Stock Issued During Period Shares For Mineral Properties | shares			46,134
Stock Issued During Period Value For Mineral Properties			$ 61,820
Mining Properties and Mineral Rights [Member]
Annual Property Maintenance Fees	$ 1,833,000		1,833,000
Workman Creek Project [Member]
Payments to Acquire Mineral Rights			$ 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
Diabase Project [Member]
Area of Land | a	54,236		54,236
Stock Issued During Period, Shares, Acquisitions | shares	164,767		164,767
Stock Issued During Period, Value, Acquisitions	$ 232,321		$ 232,321
Assets Acquisition Percentage Of Voting Interests Acquired	100.00%		100.00%
Asset Acquisition, Consideration Transferred	$ 546,938		$ 546,938
Cash Consideration Paid In Asset Acquisition	239,120		239,120
Asset Acquisition, Transaction Costs	$ 75,497		$ 75,497
Percentage of Royalty Interests Acquired by URC	100.00%		100.00%
Asset Acquisition, URC To Acquire Royalty Option	$ 125,000		$ 125,000
Diabase Project [Member] | After Closing Date [Member]
Asset Acquisition, URC To Acquire Royalty Option	$ 1,750,000		$ 1,750,000
Common stock [Member]
Stock Issued During Period, Shares, Other | shares			353,160

PROPERTY, PLANT AND EQUIPMENT44

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	Apr. 30, 2018	Jul. 31, 2017
Property, Plant and Equipment [Line Items]
Cost	$ 12,896,096	$ 12,502,712
Accumulated Depreciation	(5,775,860)	(5,711,530)
Net Book Value	7,120,236	6,791,182
Hobson Processing Facility [Member]
Property, Plant and Equipment [Line Items]
Cost	6,819,088	6,819,088
Accumulated Depreciation	(773,933)	(773,933)
Net Book Value	6,045,155	6,045,155
Mining Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	2,438,681	2,438,681
Accumulated Depreciation	(2,406,874)	(2,378,737)
Net Book Value	31,807	59,944
Logging Equipment and Vehicles [Member]
Property, Plant and Equipment [Line Items]
Cost	1,971,742	1,971,742
Accumulated Depreciation	(1,844,124)	(1,825,389)
Net Book Value	127,618	146,353
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	606,279	582,980
Accumulated Depreciation	(573,281)	(565,223)
Net Book Value	32,998	17,757
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Cost	170,701	170,701
Accumulated Depreciation	(168,673)	(168,248)
Net Book Value	2,028	2,453
Land and Buildings [Member]
Property, Plant and Equipment [Line Items]
Cost	889,605	519,520
Accumulated Depreciation	(8,975)	0
Net Book Value	$ 880,630	$ 519,520

PROPERTY, PLANT AND EQUIPMENT45

PROPERTY, PLANT AND EQUIPMENT (Details Textual) - Building [Member]	9 Months Ended
	Apr. 30, 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)	9 Months Ended
	Apr. 30, 2018USD ($)
Balance, July 31, 2017	$ 151,676
Share of loss from URC	(38,057)
Gain on ownership interest dilution	129,156
Balance, April 30, 2018	$ 242,775

EQUITY-ACCOUNTED INVESTMENT (47

EQUITY-ACCOUNTED INVESTMENT (Details Textual)	9 Months Ended
	Apr. 30, 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		9 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Apr. 30, 2018	Apr. 30, 2017	Jul. 31, 2017
Related Party Transaction [Line Items]
General and Administrative Expense, Total	$ 2,407,571	$ 2,092,656	$ 7,526,698	$ 6,616,141
Due to Related Parties, Current	935		935		$ 768
Stock Issued During Period, Value, For Settlement of Current Liabilities			$ 698,961
Due to Related Parties					$ 768
Common Shares [Member]
Related Party Transaction [Line Items]
Stock Issued During Period, Shares, For Settlement of Current Liabilities		59,546	104,706	148,368
Stock Issued During Period, Value, For Settlement of Current Liabilities		$ 78,572	$ 141,678	$ 170,060
Director [Member]
Related Party Transaction [Line Items]
General and Administrative Expense, Total	$ 36,210	$ 30,664	$ 112,850	$ 134,515

TAX REFORM AND DEFERRED TAX L49

TAX REFORM AND DEFERRED TAX LIABILITIES (Details Textual) - USD ($)	9 Months Ended		12 Months Ended
	Apr. 30, 2018	Apr. 30, 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)	$ (268,237)	$ (26,139)
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 ($)	Apr. 30, 2018	Jan. 31, 2018	Jul. 31, 2017
Debt Instrument [Line Items]
Principal amount	$ 20,000,000	$ 20,000,000	$ 20,000,000
Unamortized discount	(761,832)		(745,165)
Long-term debt, net of unamortized discount	19,238,168		19,254,835
Current portion	5,000,000		0
Long-term debt, net of current portion	$ 14,238,168		$ 19,254,835

LONG-TERM DEBT (Details 1)

LONG-TERM DEBT (Details 1) - USD ($)	Apr. 30, 2018	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	$ 20,000,000

LONG-TERM DEBT (Details Textual

LONG-TERM DEBT (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Apr. 30, 2018	Apr. 30, 2017	Jan. 31, 2018	Jul. 31, 2017
Debt Instrument [Line Items]
Long-term Debt, Current Maturities	$ 5,000,000		$ 5,000,000			$ 0
Amortization of Debt Discount (Premium)	277,502	$ 268,262	883,333	$ 869,830
Long-term Debt, Gross	$ 20,000,000		$ 20,000,000		$ 20,000,000	$ 20,000,000
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)	9 Months Ended
	Apr. 30, 2018USD ($)
Schedule of Change in Asset Retirement Obligations
Balance, July 31, 2017	$ 3,729,902
Accretion	162,305
Assumed from Reno Creek Acquisition	73,973
Balance, April 30, 2018	$ 3,966,180

ASSET RETIREMENT OBLIGATIONS 54

ASSET RETIREMENT OBLIGATIONS (Details 1) - USD ($)	9 Months Ended	12 Months Ended
	Apr. 30, 2018	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)	9 Months Ended
	Apr. 30, 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						9 Months Ended
	Apr. 30, 2018		Jan. 31, 2018		Oct. 31, 2017		Apr. 30, 2018
Share Transactions [Line Items]
Consulting Services							$ 322,865
Credit Facility							483,829
Mineral Property							61,820
Reimbursable Expenses for Reno Creek Acquisition							483,829
Acquisition							20,332,617
Options Exercised							328,300
Settlement of Current Liabilities							698,961
Shares Issued Under 2017 Stock Incentive Plan							$ 729,644
Issuance Value [Member]
Share Transactions [Line Items]
Consulting Services			$ 91,903
Credit Facility	$ 900,000
Mineral Property					$ 61,820
Reimbursable Expenses for Reno Creek Acquisition					483,829
Consulting Services	38,559				192,403
Options Exercised	298,204	[1]	163,534	[2]	31,860	[3]
Settlement of Current Liabilities	557,283				141,678
Shares Issued Under 2017 Stock Incentive Plan	$ 240,790		$ 341,667		$ 785,329
Common Stock [Member]
Share Transactions [Line Items]
Balance (in shares)	156,452,824		155,954,055		139,815,124		139,815,124
Credit Facility (in shares)	641,574
Mineral Property (in shares)					46,134
Reimbursable Expenses for Reno Creek Acquisition (in shares)					353,160
Consulting Services (in shares)	28,511		55,909		124,469
Options Exercised (in shares)	657,246	[1]	184,416	[2]	66,516	[3]
Settlement of Current Liabilities (in shares)	364,652				104,706
Shares Issued Under 2017 Stock Incentive Plan (in shares)	173,307		258,444		591,496
Balance (in shares)	158,482,881		156,452,824		155,954,055		158,482,881
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
Shares Issued For Credit Facility [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share	$ 1.40						$ 1.40
Shares Issued For Credit Facility [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share	1.40						1.40
Settlement of Current Liabilities [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share	1.33				1.35		1.33
Settlement of Current Liabilities [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share	1.72				1.35		1.72
Consulting Services [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share	1.33		$ 1.49		1.19		1.33
Consulting Services [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share	1.43		1.84		1.73		1.43
Options Exercised [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share	0.45	[1]	0.45	[2]	0.45	[3]	0.45	[1]
Options Exercised [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share	1.28	[1]	1.32	[2]	$ 0.93	[3]	1.28	[1]
Reno Creek Acquisition [Member] | Issuance Value [Member]
Share Transactions [Line Items]
Acquisition					$ 20,332,617
Reno Creek Acquisition [Member] | Common Stock [Member]
Share Transactions [Line Items]
Acquisition (in shares)					14,852,450
Reno Creek Acquisition [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share					$ 1.3
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	1.30		1.06		1.28		1.30
Shares Issued Under 2017 Stock Incentive Plan [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share	$ 1.57		$ 1.77		$ 1.6		1.57
Diabase Acquisition [Member] | Issuance Value [Member]
Share Transactions [Line Items]
Acquisition	$ 232,321
Diabase Acquisition [Member] | Common Stock [Member]
Share Transactions [Line Items]
Acquisition (in shares)	164,767
Diabase Acquisition [Member] | Minimum [Member]
Share Transactions [Line Items]
Value per Share	$ 1.41						1.41
Diabase Acquisition [Member] | Maximum [Member]
Share Transactions [Line Items]
Value per Share	$ 1.41						$ 1.41
[1]	238,125 options were exercised on a forfeiture basis resulting in 157,246 net shares issued
[2]	171,250 stock options were exercised on a forfeiture basis, resulting in 74,416 net shares being issued.
[3]	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)	9 Months Ended
	Apr. 30, 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 Life (Years)	2 years 4 months 17 days
Warrant [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price | $ / shares	$ 1.20
Number of Warrants Outstanding | shares	4,604,631
Expiry Date	Mar. 10, 2019
Weighted Average Remaining Contractual Life (Years)	10 months 10 days
Warrants 1 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price | $ / shares	$ 1.35
Number of Warrants Outstanding | shares	2,600,000
Expiry Date	Jan. 30, 2020
Weighted Average Remaining Contractual Life (Years)	1 year 9 months
Warrants 2 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price | $ / shares	$ 1.95
Number of Warrants Outstanding | shares	50,000
Expiry Date	Jun. 3, 2018
Weighted Average Remaining Contractual Life (Years)	1 month 2 days
Warrants 3 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price | $ / shares	$ 2
Number of Warrants Outstanding | shares	9,571,929
Expiry Date	Jan. 20, 2020
Weighted Average Remaining Contractual Life (Years)	1 year 8 months 19 days
Warrants 4 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price | $ / shares	$ 2.30
Number of Warrants Outstanding | shares	11,308,728
Expiry Date	Aug. 9, 2022
Weighted Average Remaining Contractual Life (Years)	4 years 3 months 11 days
Warrants 5 [Member]
Class of Warrant or Right [Line Items]
Weighted Average Exercise Price | $ / shares	$ 2.35
Number of Warrants Outstanding | shares	2,850,000
Expiry Date	Jun. 25, 2018
Weighted Average Remaining Contractual Life (Years)	1 month 24 days

CAPITAL STOCK (Details 2)

CAPITAL STOCK (Details 2)	9 Months Ended
	Apr. 30, 2018USD ($)$ / sharesshares
Schedule of Share Based Compensation Arrangement by Share based Payment Award Options Grants in Period Activity [Line Items]
Options Issued | shares	2,054,000
Fair Value | $	$ 1,287,665
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%
March 1, 2018 [Member] | Employee Stock Option Four [Member]
Schedule of Share Based Compensation Arrangement by Share based Payment Award Options Grants in Period Activity [Line Items]
Options Issued | shares	50,000
Exercise Price | $ / shares	$ 1.29
Term (Years)	5 years
Fair Value | $	$ 29,117
Expected Life (Years)	2 years 9 months 18 days
Risk-Free Interest Rate	2.32%
Dividend Yield	0.00%
Expected Volatility	68.42%

CAPITAL STOCK (Details 3)

CAPITAL STOCK (Details 3) - $ / shares	3 Months Ended			9 Months Ended
	Apr. 30, 2018	Jan. 31, 2018	Oct. 31, 2017	Apr. 30, 2018
Share Based Compensation Stock Options Activity [Line Items]
Number of Stock Options, Granted				2,054,000
Employee Stock Option [Member]
Share Based Compensation Stock Options Activity [Line Items]
Number of Stock Options, Begining Balance	13,820,750	14,003,250	12,260,500	12,260,500
Number of Stock Options, Granted	50,000	150,000	1,854,000
Number of Stock Options, Exercised	(738,125)	(281,250)	(111,250)
Number of Stock Options, Forfeited		(51,250)
Number of Stock Options, Ending Balance	13,132,625	13,820,750	14,003,250	13,132,625
Weighted Average Exercise Price, Begining Balance	$ 1.34	$ 1.33	$ 1.33	$ 1.33
Weighted Average Exercise Price, Granted	1.29	1.09	1.28
Weighted Average Exercise Price, Exercised	0.46	0.97	0.50
Weighted Average Exercise Price, Forfeited		1.23
Weighted Average Exercise Price, Ending Balance	$ 1.39	$ 1.34	$ 1.33	$ 1.39

CAPITAL STOCK (Details 4)

CAPITAL STOCK (Details 4)	9 Months Ended
	Apr. 30, 2018$ / sharesshares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Ending balance | shares	13,132,625
Options Outstanding, Weighted Average Exercise Price, Ending balance	$ 1.39
Options Outstanding, Weighted Average Remaining Contractual Term (Years)	2 years 4 months 10 days
Options Exercisable, Ending balance | shares	11,579,625
Options Exercisable, Weighted Average Exercise Price, Ending balance	$ 1.40
Options Exercisable, Weighted Average Remaining Contractual Term (Years)	2 years 1 month 6 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	1,935,500
Options Outstanding, Weighted Average Exercise Price, Ending balance	$ 0.93
Options Outstanding, Weighted Average Remaining Contractual Term (Years)	3 years 1 month 17 days
Options Exercisable, Ending balance | shares	1,935,500
Options Exercisable, Weighted Average Exercise Price, Ending balance	$ 0.93
Options Exercisable, Weighted Average Remaining Contractual Term (Years)	3 years 1 month 17 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	9,924,625
Options Outstanding, Weighted Average Exercise Price, Ending balance	$ 1.28
Options Outstanding, Weighted Average Remaining Contractual Term (Years)	2 years 2 months 5 days
Options Exercisable, Ending balance | shares	8,371,625
Options Exercisable, Weighted Average Exercise Price, Ending balance	$ 1.29
Options Exercisable, Weighted Average Remaining Contractual Term (Years)	1 year 9 months 14 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 6 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 6 months 29 days

CAPITAL STOCK (Details 5)

CAPITAL STOCK (Details 5) - USD ($)	3 Months Ended		9 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Apr. 30, 2018	Apr. 30, 2017
Share-Based Compensation [Line Items]
Settlement of share issuance obligation	$ 0	$ 0	$ (127,615)	$ 0
Share-based Compensation, Total	518,585	667,877	2,133,359	2,482,178
Stock-Based Compensation for Management [Member]
Share-Based Compensation [Line Items]
Common stock issued	34,265	33,057	103,509	175,950
Stock options issued	45,926	62,873	226,907	430,218
Share-based Compensation, Total	80,191	95,930	330,416	606,168
Stock-Based Compensation for Consultants [Member]
Share-Based Compensation [Line Items]
Common stock issued	168,107	398,944	606,885	920,971
Stock options issued	43,463	24,796	385,082	303,047
Share-based Compensation, Total	211,570	423,740	991,967	1,224,018
Stock-Based Compensation for Employees [Member]
Share-Based Compensation [Line Items]
Common stock issued	120,711	106,166	497,747	322,613
Stock options issued	106,113	42,041	440,844	329,379
Share-based Compensation, Total	$ 226,824	$ 148,207	$ 938,591	$ 651,992

CAPITAL STOCK (Details Textual)

CAPITAL STOCK (Details Textual) - USD ($)	1 Months Ended	3 Months Ended				9 Months Ended
	Aug. 22, 2017	Apr. 30, 2018	Jan. 31, 2018	Oct. 31, 2017	Apr. 30, 2017	Apr. 30, 2018	Apr. 30, 2017	Jul. 31, 2017
Capital Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value		$ 3,368,554				$ 3,368,554
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross						2,054,000
Share-based Compensation Arrangement By Share Based Payment Award Options Unvested In Period Fair Value1						$ 380,190
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value		2,988,364				2,988,364
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]
Shares issued from exercise of options		738,125	281,250	111,250
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		50,000	150,000	1,854,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price		$ 1.29	$ 1.09	$ 1.28
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Beginning Balance		13,132,625	13,820,750	14,003,250		13,132,625		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						$ 1.29
Options Exercised [Member]
Capital Stock [Line Items]
Shares issued from exercise of options			74,416	66,516		157,246
Options Exercised [Member] | Employee Stock Option [Member]
Capital Stock [Line Items]
Shares issued from exercise of options			171,250	111,250		238,125
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
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
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total		$ 488,585				$ 488,585
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition						10 months 10 days
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		9 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Apr. 30, 2018	Apr. 30, 2017
Numerator
Net Loss for the Period	$ (4,146,646)	$ (3,798,864)	$ (13,056,299)	$ (12,383,927)
Denominator
Basic Weighted Average Number of Shares	157,704,601	137,452,998	155,996,660	124,676,016
Dilutive Stock Options and Warrants	0	0	0	0
Diluted Weighted Average Number of Shares	157,704,601	137,452,998	155,996,660	124,676,016
Net Loss per Share, Basic and Diluted	$ (0.03)	$ (0.03)	$ (0.08)	$ (0.10)

SEGMENTED INFORMATION (Details)

SEGMENTED INFORMATION (Details) - USD ($)	Apr. 30, 2018	Jul. 31, 2017
Mineral Rights and Properties	$ 65,125,223	$ 38,931,976
Property, Plant and Equipment	7,120,236	6,791,182
Reclamation Deposits	1,779,182	1,706,028
Equity-Accounted Investment	242,775	151,676
Other Long-Term Assets	889,028	1,004,975
Total Long-Term Assets	75,156,444	48,585,837
United States Texas [Member]
Mineral Rights and Properties	12,742,158	12,780,728
Property, Plant and Equipment	6,373,925	6,414,329
Reclamation Deposits	1,690,209	1,690,209
Equity-Accounted Investment	0	0
Other Long-Term Assets	460,821	422,769
Total Long-Term Assets	21,267,113	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	361,113	0
Reclamation Deposits	73,973	0
Equity-Accounted Investment	0	0
Other Long-Term Assets	428,207	582,206
Total Long-Term Assets	26,417,100	582,206
United States Other States [Member]
Mineral Rights and Properties	724,717	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	724,717	706,283
Canada [Member]
Mineral Rights and Properties	546,938	0
Property, Plant and Equipment	28,709	11,185
Reclamation Deposits	0	0
Equity-Accounted Investment	242,775	151,676
Other Long-Term Assets	0	0
Total Long-Term Assets	818,422	162,861
Paraguay [Member]
Mineral Rights and Properties	14,513,585	14,513,585
Property, Plant and Equipment	356,489	365,668
Reclamation Deposits	0	0
Equity-Accounted Investment	0	0
Other Long-Term Assets	0	0
Total Long-Term Assets	$ 14,870,074	$ 14,879,253

SEGMENTED INFORMATION (Details

SEGMENTED INFORMATION (Details 1) - USD ($)	3 Months Ended		9 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Apr. 30, 2018	Apr. 30, 2017
Costs and Expenses:
Mineral property expenditures	$ 981,493	$ 999,241	$ 3,638,408	$ 2,956,805
General and administrative	2,407,571	2,092,656	7,526,698	6,616,141
Depreciation, amortization and accretion	88,294	117,792	268,066	397,399
Impairment loss on mineral properties	0	0	0	297,942
Inventory write-down	0	0	0	60,694
Total Cost and Expenses	3,477,358	3,209,689	11,433,172	10,328,981
Loss from operations	(3,477,358)	(3,209,689)	(11,433,172)	(10,328,981)
Other income (expenses)	(681,240)	(597,938)	(1,891,364)	(2,081,085)
Loss before income taxes	(4,158,598)	(3,807,627)	(13,324,536)	(12,410,066)
United States Texas [Member]
Costs and Expenses:
Mineral property expenditures	611,170	703,147	1,795,078	1,651,954
General and administrative	1,427,445	1,363,303	4,587,983	4,628,740
Depreciation, amortization and accretion	79,903	115,071	247,687	390,138
Impairment loss on mineral properties	0	0	0	185,942
Inventory write-down			0	60,694
Total Cost and Expenses	2,118,518	2,181,521	6,630,748	6,917,468
Loss from operations	(2,118,518)	(2,181,521)	(6,630,748)	(6,917,468)
Other income (expenses)	(677,570)	(593,873)	(1,888,966)	(2,067,125)
Loss before income taxes	(2,796,088)	(2,775,394)	(8,519,714)	(8,984,593)
United States Arizona [Member]
Costs and Expenses:
Mineral property expenditures	23,136	23,354	69,698	69,866
General and administrative	3,389	3,389	10,488	30,372
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	26,525	26,743	80,186	108,572
Loss from operations	(26,525)	(26,743)	(80,186)	(108,572)
Other income (expenses)	(4,611)	(4,611)	(14,146)	(14,146)
Loss before income taxes	(31,136)	(31,354)	(94,332)	(122,718)
United States Wyoming [Member]
Costs and Expenses:
Mineral property expenditures	165,566	0	1,134,782	0
General and administrative	34,533	0	558,326	0
Depreciation, amortization and accretion	3,716	0	9,125	0
Impairment loss on mineral properties	0	0	0	0
Inventory write-down			0	0
Total Cost and Expenses	203,815	0	1,702,233	0
Loss from operations	(203,815)	0	(1,702,233)	0
Other income (expenses)	(249)	0	1,241	0
Loss before income taxes	(204,064)	0	(1,700,992)	0
United States Other States [Member]
Costs and Expenses:
Mineral property expenditures	15,846	28,051	52,205	60,881
General and administrative	1,141	1,068	3,385	3,203
Depreciation, amortization and accretion	249	249	747	747
Impairment loss on mineral properties	0	0	0	103,666
Inventory write-down			0	0
Total Cost and Expenses	17,236	29,368	56,337	168,497
Loss from operations	(17,236)	(29,368)	(56,337)	(168,497)
Other income (expenses)	0	0	0	0
Loss before income taxes	(17,236)	(29,368)	(56,337)	(168,497)
Canada [Member]
Costs and Expenses:
Mineral property expenditures	0	0	0	0
General and administrative	794,682	721,423	2,153,051	1,915,131
Depreciation, amortization and accretion	3,600	2,016	7,717	5,984
Impairment loss on mineral properties	0	0	0	0
Inventory write-down			0	0
Total Cost and Expenses	798,282	723,439	2,160,768	1,921,115
Loss from operations	(798,282)	(723,439)	(2,160,768)	(1,921,115)
Other income (expenses)	0	1,034	0	635
Loss before income taxes	(798,282)	(722,405)	(2,160,768)	(1,920,480)
Paraguay [Member]
Costs and Expenses:
Mineral property expenditures	165,775	244,689	586,645	1,174,104
General and administrative	146,381	3,473	213,465	38,695
Depreciation, amortization and accretion	826	456	2,790	530
Impairment loss on mineral properties	0	0	0	0
Inventory write-down			0	0
Total Cost and Expenses	312,982	248,618	802,900	1,213,329
Loss from operations	(312,982)	(248,618)	(802,900)	(1,213,329)
Other income (expenses)	1,190	(488)	10,507	(449)
Loss before income taxes	$ (311,792)	$ (249,106)	$ (792,393)	$ (1,213,778)

SEGMENTED INFORMATION (Detail66

SEGMENTED INFORMATION (Details Textual) - USD ($)	Apr. 30, 2018	Jul. 31, 2017
Assets, Noncurrent, Total	$ 75,156,444	$ 48,585,837
Percentage of Long Term Assets	79.00%
UNITED STATES
Assets, Noncurrent, Total	$ 59,467,948

SUPPLEMENTAL CASH FLOW INFORM67

SUPPLEMENTAL CASH FLOW INFORMATION (Details Textual) - USD ($)	Aug. 09, 2017	Apr. 30, 2018	Apr. 30, 2018	Apr. 30, 2017	Jul. 31, 2017
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures, Total			$ 322,865
Interest Expense, Debt			1,213,333	$ 1,213,333
Stock Issued During Period Value For Mineral Properties			61,820
Share Issuance Obligation,Amount		$ 0	$ 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		$ 283,013
Reimbursable Expenses			483,829
Payment of Settlement Of Severance Obligations One			$ 256,389
Stock Issued During Period, Shares, Settlement Of Severance Obligations One			163,305
Stock Issued During Period, Value, Settlement Of Severance Obligations One			$ 492,638
Stock Issued During Period, Value, Acquisitions			$ 20,332,617
Stock Issued During Period, Shares, Settlement of Accounts Payable			306,053	151,679
Stock Issued During Period, Value, Settlement of Accounts Payable			$ 442,571	$ 175,060
Second Amended Credit Agreement [Member]
Stock Issued For Credit Facility Shares		641,574
Stock Issued For Credit Facility Value		$ 900,000
Common Stock [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total			208,889
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures, Total			$ 208
Stock Issued During Period, Shares, Share-based Compensation, Gross			624,408	670,425
Stock Issued During Period, Value, Share-based Compensation, Gross			$ 857,258	$ 725,364
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
Stock Issued During Period, Value, Acquisitions			$ 14,853
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
2017 Plan [Member]
Stock Issued During Period, Shares, New Issues			398,839
Stock Issued During Period, Value, New Issues			$ 510,528
Share Issuance Obligation,Amount					$ 638,142
Stock Issued During Period, Shares, Settlement Of Severance Obligations One			119,546
Reno Creek Project [Member]
Stock Issued During Period, Shares, Acquisitions	14,392,927		11,308,728
Cash consideration for asset acquisition	$ 909,930		$ 909,930
Stock Issued During Period, Value, Acquisitions	$ 20,049,605
Diabase Project [Member]
Stock Issued During Period, Shares, Acquisitions		164,767	164,767
Cash consideration for asset acquisition		$ 239,120	$ 239,120
Stock Issued During Period, Value, Acquisitions		$ 232,321	$ 232,321
Consulting Services [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total			208,889	559,623
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures, Total			$ 322,865	$ 694,170

COMMITMENTS AND CONTINGENCIES68

COMMITMENTS AND CONTINGENCIES (Details)	Apr. 30, 2018USD ($)
Fiscal 2,018	$ 62,108
Fiscal 2,019	123,116
Fiscal 2,020	87,082
Fiscal 2,021	58,055
Fiscal 2,022	0
Total	$ 330,361

COMMITMENTS AND CONTINGENCIES69

COMMITMENTS AND CONTINGENCIES (Details Textual) - USD ($)	1 Months Ended		9 Months Ended
	Nov. 30, 2015	Apr. 03, 2012	Apr. 30, 2018
Loss Contingencies [Line Items]
Operating Leases, Rent Expense			$ 20,617
Management Fee Payable			$ 708,000
Cash Payment To Plaintiffs		$ 149,194
Payments for Legal Settlements	$ 500,000
Parent Company [Member]
Loss Contingencies [Line Items]
Payments for Legal Settlements	$ 50,000

SUBSEQUENT EVENT (Details Textu

SUBSEQUENT EVENT (Details Textual) - North Reno Creek Project [Member]	9 Months Ended
	Apr. 30, 2018USD ($)$ / sharesshares
Subsequent Event [Line Items]
Assets Acquisition Percentage Of Voting Interests Acquired	100.00%
Assets Acquisition Consideration Transferred Equity Interest Issued and Issuable | shares	1,625,531
Assets Acquisition Consideration Transferred Deemed Issuance Price | $ / shares	$ 1.5072
Cash Payment for Asset Acquisition | $	$ 2,940,000