Rise Gold (RYES) 10-K 29 Oct 21 2021 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jul. 31, 2021	Oct. 27, 2021	Jan. 31, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Period End Date	Jul. 31, 2021
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--07-31
Entity File Number	000-53848
Entity Registrant Name	RISE GOLD CORP.
Entity Central Index Key	0001424864
Entity Tax Identification Number	30-0692325
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	650 - 669 Howe Street
Entity Address, Address Line Two	Vancouver
Entity Address, State or Province	BC
Entity Address, Country	CA
Entity Address, Postal Zip Code	0B4
City Area Code	604
Local Phone Number	260-4577
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 11,587,079
Entity Common Stock, Shares Outstanding		26,770,298

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Jul. 31, 2021	Jul. 31, 2020
Current
Cash	$ 773,279	$ 3,378,826
Receivables	44,113	20,043
Prepaid expenses	339,034	363,646
Total Current Assets	1,156,426	3,762,515
Non-current
Mineral property interests	4,149,053	4,149,053
Equipment	575,781	601,360
Total assets	5,881,260	8,512,928
Current
Accounts payable and accrued liabilities	165,892	415,292
Payable to related parties	34,010	79,479
Total Current Liabilities	199,902	494,771
Non-current
Loan payable	976,587	742,157
Warrant derivative	441,766	2,218,107
Total liabilities	1,618,255	3,455,035
Stockholders' deficit
Capital stock, $0.001 par value, 400,000,000 shares authorized; 26,770,298 (July 31, 2020 - 26,436,965) shares issued and outstanding	26,770	26,437
Additional paid-in capital	23,884,796	23,076,139
Cumulative translation adjustment	(104,084)	(104,084)
Deficit	(19,544,477)	(17,940,599)
Total stockholders' equity	4,263,005	5,057,893
Total liabilities and stockholders' deficit	$ 5,881,260	$ 8,512,928

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jul. 31, 2021	Jul. 31, 2020
Statement of Financial Position [Abstract]
Common Stock, Par Value	$ 0.001	$ 0.001
Common Stock, Shares Authorized	400,000,000	400,000,000
Common Stock, Shares Issued	26,770,298	26,436,965
Common Stock, Shares Outstanding	26,770,298	26,436,965

CONSOLIDATED STATEMENT OF OPERA

CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)	12 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
EXPENSES
Accretion expense	$ 114,907	$ 104,518
Consulting	454,176	89,139
Directors' fees	80,000	84,167
Filing and regulatory	55,601	55,464
Foreign exchange	(20,297)	21,451
General and administrative	399,940	440,616
Geological, mineral, and prospect costs	782,261	1,636,791
Interest expense	119,523	101,014
Professional fees	517,092	244,764
Promotion and shareholder communication	175,567	176,652
Salaries	145,545	149,724
Share-based payments	560,792	357,271
Loss before other items	(3,385,107)	(3,461,571)
Gain (loss) on fair value adjustment on warrant derivatives	1,776,341	(2,218,107)
Gain on settlement of equipment loan	0	19,924
Other income	4,888	188,219
Net loss and comprehensive loss for the year	$ (1,603,878)	$ (5,471,535)
Basic and diluted loss per common share	$ (0.06)	$ 0.25
Weighted average number of common shares outstanding (basic and diluted)	26,721,896	21,835,235

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)	12 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Loss for the year	$ (1,603,878)	$ (5,471,535)
Items not involving cash
Interest expense	119,523	101,014
Depreciation	25,579	22,986
Gain on settlement of equipment loan	0	(19,924)
Share-based payments	560,792	357,271
Accretion Expense	114,907	104,518
Loss (gain) on fair value adjustment on warrant derivatives	(1,776,341)	2,218,107
Unrealized loss on foreign exchange	0	8,300
Non-cash working capital item changes:
Receivables	(24,070)	(7,669)
Prepaid expenses	24,612	(174,950)
Accounts payables and accrued liabilities	(249,400)	(53,309)
Payable to related parties	(45,469)	(50,159)
Advance	0	(101,339)
Net cash used in operating activities	(2,853,745)	(3,066,689)
CASH FLOWS FROM FINANCING ACTIVITY
Private placement	250,000	5,499,131
Loan	0	1,000,000
Loan financing expense	0	(15,000)
Share issuance costs	(1,802)	(49,124)
Repayment of equipment loan	0	(203,650)
Net cash provided by financing activity	248,198	6,231,357
Change in cash for the year	(2,605,547)	3,164,668
Cash, beginning of year	3,378,826	214,158
Cash, end of year	$ 773,279	$ 3,378,826

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)	Capital Stock [Member]	Additional Paid-In Capital [Member]	Shares Subscribed [Member]	Cumulative Translation Adjustment [Member]	Deficit [Member]	Total
Beginning Balance at Jul. 31, 2019	$ 17,490	$ 16,801,837	$ 186,025	$ 73,773	$ (12,824,593)	$ 4,254,532
Beginning Balance, in shares at Jul. 31, 2019	17,490,488
Effect of change in functional currency		(157,375)	2,379	(177,857)	355,529	22,676
Shares issued for Cash	$ 8,947	5,629,464	(188,404)			5,450,007
Shares issued for Cash, in shares	8,946,477
Share-based compensation		357,271				357,271
Warrants issued for financing expense		444,942				444,942
Loss for the period					(5,471,535)	(5,471,535)
Ending Balance at Jul. 31, 2020	$ 26,437	23,076,139	0	(104,084)	(17,940,599)	5,057,893
Ending Balance, in shares at Jul. 31, 2020	26,436,965
Shares issued for Cash	$ 333	247,865				248,198
Shares issued for Cash, in shares	333,333
Share-based compensation		560,792				560,792
Loss for the period					(1,603,878)	(1,603,878)
Ending Balance at Jul. 31, 2021	$ 26,770	$ 23,884,796	$ 0	$ (104,084)	$ (19,544,477)	$ 4,263,005
Ending Balance, in shares at Jul. 31, 2021	26,770,298

NATURE AND CONTINUANCE OF OPERA

NATURE AND CONTINUANCE OF OPERATIONS	12 Months Ended
	Jul. 31, 2021
Disclosure Nature And Continuance Of Operations [Abstract]
NATURE AND CONTINUANCE OF OPERATIONS [Text Block]	1. NATURE AND CONTINUANCE OF OPERATIONS Rise Gold Corp. (the "Company") was originally incorporated as Atlantic Resources Inc. in the State of Nevada on February 9, 2007 and is in the exploration stage. On April 11, 2012, the Company merged its wholly-owned subsidiary, Patriot Minefinders Inc., a Nevada corporation, in and to the Company to effect a name change to Patriot Minefinders Inc. On January 14, 2015, the Company completed a name change to Rise Resources Inc. in the same manner. On March 29, 2017, the Company changed its name to Rise Gold Corp. These mergers were carried out solely for the purpose of effecting these changes of names. On September 18, 2020, the Company increased its authorized capital from 40,000,000 shares to 400,000,000 shares. On January 29, 2016, the Company completed an initial public offering in Canada and began trading on the Canadian Securities Exchange ("CSE") on February 1, 2016. The Company is in the early stages of exploration and as is common with any exploration company, it raises financing for its acquisition activities. The accompanying consolidated financial statements have been prepared on the going concern basis, which presumes that the Company will continue operations for the foreseeable future and will be able to realize its assets and discharge its liabilities in the normal course of business. The Company has incurred a loss of $1,603,878 for the year ended July 31, 2021 and has accumulated a deficit of $19,544,477. The ability of the Company to continue as a going concern is dependent on the Company's ability to maintain continued support from its shareholders and creditors and to raise additional capital and implement its business plan. There is no assurance that the Company will be able to obtain adequate financing in the future or that such financing will be on terms advantageous to the Company. However, management believes that the Company has sufficient working capital to meet its projected minimum financial obligations for the next fiscal year. The consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. In March 2020, the novel coronavirus outbreak ("COVID-19") was declared a pandemic by the World Health Organization. The situation is dynamic and the ultimate duration and magnitude of the impact on the economy and the Company's business are not known at this time. These impacts could include an impact on the Company's ability to obtain debt and equity financing to fund ongoing exploration activities as well as its ability to explore and conduct business. These consolidated financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Company be unable to continue as a going concern. At July 31, 2021, the Company had working capital of $956,524 (2020 - working capital of $3,267,744).

BASIS OF PREPARATION

BASIS OF PREPARATION	12 Months Ended
	Jul. 31, 2021
Disclosure Basis Of Preparation [Abstract]
BASIS OF PREPARATION [Text Block]	2. BASIS OF PREPARATION Generally accepted accounting principles These consolidated financial statements have been prepared in conformity with generally accepted accounting principles of the United States of America ("US GAAP") for financial information with the instructions to Form 10-K and Regulation S-K. Basis of Consolidation These consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Rise Grass Valley Inc. All significant intercompany accounts and transactions have been eliminated on consolidation. Subsidiaries Subsidiaries are all entities over which the Company has exposure to variable returns from its involvement and has the ability to use power over the investee to affect its returns. The existence and effect of potential voting rights that are currently exercisable or convertible are considered when assessing whether the Company controls another entity. Subsidiaries are fully consolidated from the date on which control is transferred to the Company until the date on which control ceases. The accounts of subsidiaries are prepared for the same reporting period as the parent company, using consistent accounting policies. Intercompany transactions, balances and unrealized gains or losses on transactions are eliminated upon consolidation. Use of Estimates The preparation of these financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant areas requiring the use of estimates include the carrying value and recoverability of mineral properties and the recognition of deferred tax assets based on the change in unrecognized deductible temporary tax differences. Actual results could differ from those estimates and would impact future results of operations and cash flows.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jul. 31, 2021
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES [Text Block]	3. SIGNIFICANT ACCOUNTING POLICIES Functional and reporting currency The Company's functional and reporting currency is the United States dollar. Transactions in currencies other than the functional currency of the Company are initially translated into the functional currency by applying the exchange rates prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate prevailing at the date of the statement of financial position. Non-monetary assets and liabilities are translated at historical exchange rates, unless the item is carried at fair value, in which case it will be translated at the exchange rate in effect at the date when the fair value was determined. Resulting foreign exchange gains and losses are recognized in income or loss. Derivatives Derivatives are initially recognized at the fair value on the date the derivative contract is entered into and transaction costs are expensed. The Company's derivatives are subsequently re-measured at their fair value at each balance sheet date with changes in fair value recognized in profit or loss. As the exercise price of the Company's warrants are in Canadian Dollars, and the functional currency of the Company is the United States Dollar, these warrants are considered a derivative as a variable amount of cash in the Company's functional currency will be received upon exercise. Receivables The Company reviews all receivables that exceed terms and establishes an allowance for doubtful accounts based on management's assessment of the collectability of trade and other receivables. Mineral property The costs of acquiring mineral rights are capitalized at the date of acquisition. After acquisition, various factors can affect the recoverability of the capitalized costs. If, after review, management concludes that the carrying amount of a mineral property is impaired, it will be written down to estimated fair value. Exploration costs incurred on mineral properties are expensed as incurred. Development costs incurred on proven and probable reserves will be capitalized. Upon commencement of production, capitalized costs will be amortized using the unit-of-production method over the estimated life of the ore body based on proven and probable reserves (which exclude non-recoverable reserves and anticipated processing losses). When the Company receives an option payment related to a property, the proceeds of the payment are applied to reduce the carrying value of the exploration asset. Long-lived assets Long-lived assets, consisting of equipment held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. For purposes of evaluating the recoverability of long-lived assets, the recoverability test is performed using undiscounted net cash flows related to the long-lived assets. If such assets are considered to be impaired, the impairment recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell. Equipment Equipment is recorded at cost less accumulated depreciation. Depreciation is provided over the assets' useful lives on a straight-line basis. Equipment purchased by the Company is depreciated over 15 years. Asset retirement obligations The Company records the fair value of an asset retirement obligation as a liability in the period in which it incurs a legal obligation associated with the retirement of tangible long-lived assets that result from the acquisition, construction, development, and/or normal use of the long-lived assets. The Company also records a corresponding asset which is amortized over the life of the asset. Subsequent to the initial measurement of the asset retirement obligation, the obligation is adjusted at the end of each period to reflect the passage of time (accretion expense) and changes in the estimated future cash flows underlying the obligation (asset retirement cost). Loss per share Basic loss per common share is computed using the weighted average number of common shares outstanding during the year. To calculate diluted loss per share, the Company adjusts net income (loss) attributable to common shareholders and the weighted average number of common shares outstanding for the effects of all dilutive potential common shares such as stock options and warrants. As at July 31, 2021, 2,223,500 outstanding options and 6,851,380 outstanding warrants were excluded from the diluted calculation. Financial instruments The Company's financial instruments consist of cash, receivables, accounts payable and accrued liabilities, loan payable, payable to related parties and equipment loan. It is management's opinion that the Company is not exposed to significant interest, currency or credit risks arising from its financial instruments. The fair values of these financial instruments approximate their carrying values unless otherwise noted. Fair value of financial assets and liabilities The Company measures the fair value of financial assets and liabilities based on US GAAP guidance which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. The Company classifies financial assets and liabilities as held-for-trading, available-for-sale, held-to-maturity, loans and receivables or other financial liabilities depending on their nature. Financial assets and financial liabilities are recognized at fair value on their initial recognition, except for those arising from certain related party transactions which are accounted for at the transferor's carrying amount or exchange amount. Financial assets and liabilities classified as held-for-trading are measured at fair value, with gains and losses recognized in net income. Financial assets classified as held-to-maturity, loans and receivables, and financial liabilities other than those classified as held-for-trading are measured at amortized cost, using the effective interest rate method of amortization. Financial assets classified as available-for-sale are measured at fair value, with unrealized gains and losses being recognized as other comprehensive income until realized, or if an unrealized loss is considered other than temporary, the unrealized loss is recorded in income. The following indicates the fair value hierarchy of the valuation techniques the Company utilizes to determine the fair value of financial assets that are measured at fair value on a recurring basis. Level 1 - Unadjusted quoted prices in active markets for identical assets and liabilities; Level 2 - Inputs other than quoted prices that are observable for the asset or liability either directly or indirectly; and Level 3 - Inputs that are not based on observable market data. Cash is considered level 1 and classified as cash on hand and held at banks. Financial instruments, including payable to related parties, loan payable, accounts payable and accrued liabilities and equipment loan are classified as other financial liabilities and are carried at cost, which management believes approximates fair value due to the short-term nature of these instruments. Concentration of credit risk The financial instrument which potentially subjects the Company to concentration of credit risk is cash. The Company maintains cash in bank accounts that, at times, may exceed federally insured limits. As of July 31, 2021, and 2020, the Company has not exceeded the federally insured limit. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant risks on its cash in bank accounts. Stock-based compensation The Company accounts for share-based compensation under the provisions of ASC 718, "Compensation-Stock Compensation". Under the fair value recognition provisions, stock-based compensation expense is measured at the fair value of the consideration received, or the fair value of the equity instruments issued, or liabilities incurred, whichever is more reliably measured. Share-based compensation for all stock-based awards to employees and directors is recognized as an expense over the requisite service period, which is generally the vesting period. The Black-Scholes option valuation model is used to calculate fair value. Income taxes The Company accounts for income taxes under the asset and liability method, whereby deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Current income taxes are recognized for the estimated income taxes payable or receivable on taxable income or loss from the current year and any adjustment to income taxes payable related to previous years. Current income taxes are determined using tax rates and tax laws that have been enacted or subsequently enacted by the year-end date. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under the asset and liability method the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is recognized if it is more likely than not that some portion or all of the deferred tax asset will not be recognized. Recently adopted and recently issued accounting standards The Company has determined that other significant newly issued accounting pronouncements are either not applicable to the Company's business or that no material effect is expected on the financial statements as a result of future adoption.

PREPAID EXPENSES

PREPAID EXPENSES	12 Months Ended
	Jul. 31, 2021
Disclosure Prepaid Expenses [Abstract]
PREPAID EXPENSES [Text Block]	4. PREPAID EXPENSES July 31, 2021 July 31, 2020 Insurance $ 74,862 $ 57,875 Deposits 263,779 303,190 Other 393 2,581 $ 339,034 $ 363,646

MINERAL PROPERTY INTERESTS

MINERAL PROPERTY INTERESTS	12 Months Ended
	Jul. 31, 2021
Extractive Industries [Abstract]
MINERAL PROPERTY INTERESTS [Text Block]	5. MINERAL PROPERTY INTERESTS The Company's mineral properties balance consists of: Idaho-Maryland, California Ending balance, July 31, 2021 and 2020 $ 4,149,053 Title to mineral properties Title to mineral properties involves certain inherent risks due to the difficulties of determining the validity of certain mineral titles as well as the potential for problems arising from the frequently ambiguous conveying history characteristic of many mineral properties. As at July 31, 2021, the Company holds title to the Idaho-Maryland Gold Mine Property. As of July 31, 2021, based on management's review of the carrying value of mineral rights, management determined that there is no evidence that the cost of these acquired mineral rights will not be fully recovered and accordingly, the Company determined that no adjustment to the carrying value of mineral rights was required. As of the date of these consolidated financial statements, the Company has not established any proven or probable reserves on its mineral properties and has incurred only acquisition and exploration costs. Idaho-Maryland Gold Mine Property, California On August 30, 2016, the Company entered into an option agreement with three parties to purchase a 100% interest in and to the Idaho-Maryland Gold Mine property located near Grass Valley, California, United States. Pursuant to the option agreement, in order to exercise the option, the Company was required to pay $2,000,000 by November 30, 2016 Upon execution of the option agreement, the Company paid the vendors a non-refundable cash deposit in the amount of $25,000, which would be credited against the purchase price of $2,000,000 upon exercise of the option. On November 30, 2016, the Company negotiated an extension on the closing date of the option agreement to December 26, 2016, in return for a cash payment of $25,000, which would be credited against the purchase price of $2,000,000 upon exercise of the option. On December 28, 2016, the Company negotiated a further no-cost extension of the closing date of the option agreement to April 30, 2017. On January 25, 2017, the Company exercised the option by paying $1,950,000 and acquired a 100% interest in the Idaho-Maryland Gold Mine property. In connection with the option agreement, the Company agreed to pay a cash commission of $140,000 equal to 7% of the purchase price of $2,000,000. The commission was settled on January 25, 2017 through the issuance of 92,000 units valued at $1.16 (C$2.00) per unit. Each unit consisted of one share of common stock and one transferable share purchase warrant exercisable into one share of common stock at a price of $3.04 (C$4.00) for a period of two years from the date of issuance. The Company also incurred additional transaction costs of $109,053, which have been included in the carrying value of the Idaho-Maryland Gold Mine. On January 6, 2017, the Company entered into an option agreement with Sierra Pacific Industries Inc. ("Sierra") to purchase a 100% interest in and to certain surface rights totalling approximately 82 acres located near Grass Valley, California, United States, contiguous to the Idaho-Maryland Gold Mine property acquired by the Company on January 25, 2017. Pursuant to the option agreement, in order to exercise the option, the Company was required to pay $1,900,000 by March 31, 2017. Upon execution of the option agreement, the Company paid the vendors a non-refundable cash deposit in the amount of $100,000, which was credited against the purchase price of $1,900,000 upon exercise of the option. On April 3, 2017, the Company negotiated an extension of the closing date of the option agreement to June 30, 2017, in return for a cash payment of $200,000, at which time a payment of $1,600,000 was due in order to exercise the option. On June 7, 2017, the Company negotiated an extension of the closing date of the option agreement to September 30, 2017, in return for a cash payment of $300,000, at which time a payment of $1,300,000 was due in order to exercise the option. On May 14, 2018, the Company completed the purchase of the surface rights totalling approximately 82 acres by making final payments totalling $1,300,000. As at July 31, 2021, the Company has incurred cumulative exploration expenditures of $7,169,662 on the Idaho-Maryland Gold Mine property as follows: Year ended Year ended Idaho-Maryland Gold Mine expenditures: Opening balance $ 6,387,402 $ 4,750,611 Consulting 520,690 1,472,374 Engineering 12,770 32,543 Exploration 124,987 (117,792 ) Rent 91,208 71,363 Supplies 2,474 11,007 Sampling 187 112,153 Logistics 4,366 32,157 Depreciation 25,579 22,986 Total expenditures for the year 782,261 1,636,791 Closing balance $ 7,169,662 $ 6,387,402

EQUIPMENT AND EQUIPMENT LOAN

EQUIPMENT AND EQUIPMENT LOAN	12 Months Ended
	Jul. 31, 2021
Property, Plant and Equipment [Abstract]
EQUIPMENT AND EQUIPMENT LOAN [Text Block]	6. EQUIPMENT AND EQUIPMENT LOAN Cost Drilling equipment At July 31, 2019 $ 638,267 Foreign currency translation adjustment 6,580 At July 31, 2020 $ 644,847 At July 31, 2021 $ 644,847 Accumulated depreciation At July 31, 2019 $ 20,501 Depreciation 22,986 At July 31, 2020 $ 43,487 Depreciation 25,579 At July 31, 2021 $ 69,066 Total carrying value, July 31, 2020 $ 601,360 Total carrying value, July 31, 2021 $ 575,781 During the year ended July 31, 2018, the Company recorded an equipment loan of $495,481 in connection with two diamond core drilling rigs purchased. As at July 31, 2019, the outstanding balance on this loan was $223,574. Pursuant to an agreement with the lender, the Company completed the purchase of the drilling equipment by making a lump sum payment which was due on or before December 1, 2019. Early settlement of the equipment loan resulted in a gain on settlement of equipment loan of $19,924.

CONTINGENCY

CONTINGENCY	12 Months Ended
	Jul. 31, 2021
Debt Disclosure [Abstract]
CONTINGENCY [Text Block]	7. CONTINGENCY During the year ended July 31, 2014, the Company entered into a binding letter of intent ("LOI") with Wundr Software Inc. ("Wundr"). Under the terms of the LOI, the Company would acquire 100% of the issued and outstanding common shares of Wundr. Due to unforeseen circumstances, the Company did not complete the transactions contemplated in the LOI, which the Company announced had expired on January 10, 2014. On September 17, 2014, the Company learned that it was the subject, along with a number of additional defendants, of a notice of civil claim (the "Claim") filed in the Supreme Court of British Columbia by Wundr, under which Wundr is seeking general damages from the Company as well as damages for conspiracy to cause economic harm. None of the allegations contained in the Claim have been proven in court. Management has determined that the probability of the Claim resulting in an unfavourable outcome and financial loss to the Company is unlikely.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Jul. 31, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS [Text Block]	8. RELATED PARTY TRANSACTIONS Key management personnel consist of the Chief Executive Officer, Chief Financial Officer, and the directors of the Company. The remuneration of the key management personnel is as follows: a) b) c) d) e)

LOAN PAYABLE

LOAN PAYABLE	12 Months Ended
	Jul. 31, 2021
Debt Disclosure [Abstract]
LOAN PAYABLE [Text Block]	9. LOAN PAYABLE On September 3, 2019, the Company completed a debt financing with Eridanus Capital LLC (the "Lender") for $1,000,000 (the "Loan"). The Loan has a term of 4 years and an annual interest rate of 10% for the first two years increasing to 20% in year 3 and to 25% in year 4. Interest will accrue and be paid along with the principal upon the maturity date. The Lender received 1,150,000 bonus share purchase warrants as additional consideration for advancing the Loan. The fair value of these warrants was calculated to be $444,942 which was netted against the loan payable balance along with $15,000 paid to the lender for a total of $459,942 in issuance costs. Each warrant entitles the holder to acquire one share of common stock at an exercise price of $0.80 (C$1.00) for a period of three years from the date of issuance. The Loan may be repaid prior to the maturity date, in whole or in part, provided that all accrued interest is paid. In addition, if total interest payments are less than $200,000, the difference will be paid to the Lender as prepayment compensation. The Loan is secured against the assets of the Company and its subsidiary and will be used for permitting, engineering, and working capital at the Company's Idaho Maryland Gold Project. Loan Payable Balance, July 31, 2019 $ — Proceeds 1,000,000 Issuance costs (459,942 ) Interest expense 97,581 Accretion expense 104,518 Balance, July 31, 2020 $ 742,157 Interest expense 119,523 Accretion expense 114,907 Balance, July 31, 2021 $ 976,587

WARRANT DERIVATIVE

WARRANT DERIVATIVE	12 Months Ended
	Jul. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
WARRANT DERIVATIVE [Text Block]	10. WARRANT DERIVATIVE The exercise price of the Company's share purchase warrants is fixed in Canadian dollars and the functional currency of the Company is the US dollar. These warrants are considered to be a derivative as a variable amount of cash in the Company's functional currency that will be received on exercise of the warrants. Accordingly, the share purchase warrants issued as part of past financings, are classified, and accounted for as warrant derivative. Share purchase warrants with a compensatory nature are not included in this calculation. The following table shows a continuity of the Company's fair value of warrant derivative: Warrant derivative Number of warrants Balance, August 1, 2019 $ 1,604,768 8,049,428 Addition 1,521,930 4,473,238 Expiry (9,010 ) (1,362,747 ) Fair value adjustment (899,581 ) — Balance, July 31, 2020 $ 2,218,107 11,159,919 Expiry — (5,679,836 ) Fair value adjustment (1,776,341 ) — Balance, July 31, 2021 $ 441,766 5,480,083 During the year ended July 31, 2021, the Company recorded a gain on fair value adjustment on warrant derivative of $1,776,341 (July 31, 2020 - loss of $2,218,107). The following weighted average assumptions were used for the Black-Scholes pricing model valuation of warrants derivative as at July 31, 2021 and July 31, 2020: July 31, 2021 July 31, 2020 Risk-free interest rate 1.52% 1.52% Expected life of warrants 0.08 - 1.14 years 0.46 to 2.05 years Expected annualized volatility 83.6% to 118.2% 92.6% to 117.0% Dividend Nil Nil Forfeiture rate 0% 0%

CAPITAL STOCK AND ADDITIONAL PA

CAPITAL STOCK AND ADDITIONAL PAID-IN-CAPITAL	12 Months Ended
	Jul. 31, 2021
Disclosure Capital Stock And Additional Paid In Capital [Abstract]
CAPITAL STOCK AND ADDITIONAL PAID-IN-CAPITAL [Text Block]	11. CAPITAL STOCK AND ADDITIONAL PAID-IN CAPITAL Private Placements On August 19, 2019, the Company completed the second tranche of a non-brokered private placement for a total of $2,412,281 (C$3,207,850) through the sale of 4,582,644 units at a price of $0.53 (C$0.70) per unit where each unit consists of one share of common stock and one-half of one share purchase warrant. Each whole warrant is exercisable into one share of common stock at a price of $0.80 (C$1.00) until August 19, 2022. The Company has paid finders' fees and associated legal fees of $8,710 and issued a total of 11,196 finder's warrants valued at $4,990, entitling the holder to acquire one share at a price of $0.80 (C$1.00) until August 19, 2022. On July 31, 2020, the Company completed a non-brokered private placement for a total of $3,272,875 through the issuance of 4,363,833 units at a price of $0.75 per Unit (C$1.02 per Unit), with each Unit comprising of one share of common stock (a "Share") and one-half of one share purchase warrant. Each whole warrant entitles the holder to acquire one Share at an exercise price of $1.00 until July 31, 2022. The Company paid a total of $40,414 in finders' fees and issued a total of 43,435 finder's warrants with a fair value of $15,500, where each finder's warrant entitles the holder to acquire one Share at a price of $1.00 until July 31, 2022. The following weighted average assumptions were used for the Black-Scholes pricing model valuation of these warrants: Risk-free interest rate - 1.52%; expected volatility - 115.42%; share price of C$0.86 and strike price - C$1.02; expected life of warrants - 2 years. To accommodate the lack of authorized capital to facilitate the closing of the private placement, the Company's President and CEO surrendered 1,097,298 stock options priced between C$0.70 and C$2.40 per share. On September 23, 2020, the Company completed a non-brokered private placement for a total of $250,000 through the issuance of 333,333 units at a price of $0.75 per Unit (C$1.02 per Unit), with each Unit comprising one share of common stock and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one Share at an exercise price of $1.00 (C$1.36) until September 21, 2022. The Company has paid associated legal fees of $1,802 in connection with this financing. Stock Options During the year ended July 31, 2020, the Company granted a total of 826,284 stock options with a fair value of $357,271 to employees, officers, directors, and consultants of the Company, exercisable at a weighted average price of C$0.68 per share for a period of five years. On September 22, 2020, the Company granted a total of 1,338,500 stock options to the Company's President and CEO, Benjamin Mossman. The stock options are exercisable at a price of $0.90 (C$1.20) per share until September 22, 2025. The Company recorded share-based compensation of $560,792 in connection with this grant. The following incentive stock options were outstanding as at July 31, 2021: Number of Options Weighted Average Exercise Price (C$) Expiry Date 75,000 0.50 March 17, 2023 350,000 1.20 April 19, 2023 180,000 1.00 November 30, 2023 290,000 0.70 August 21, 2024 1,338,500 1.20 September 22, 2025 2,233,500 1.09 Stock option transactions are summarized as follows: Number of Options Weighted Average Exercise Price ($C) Balance outstanding and exercisable, July 31, 2019 1,451,014 $ 1.54 Options granted 826,284 0.68 Options expired (175,000 ) 2.44 Options forfeited (1,097,298 ) 1.25 Balance outstanding and exercisable, July 31, 2020 1,005,000 1.00 Options granted 1,338,500 1.20 Options expired (110,000 ) 1.50 Balance outstanding and exercisable, July 31, 2021 2,233,500 $ 1.09 As at July 31, 2021, the aggregate intrinsic value of the Company's stock options is $1,313 (July 31, 2020 - $11,532). Risk-free interest rate 1.52% 1.52% Expected life of stock options 5 years 3-5 years Expected annualized volatility 119.09% 117.21%-123.27% Dividend Nil Nil Forfeiture rate 0% 0% Warrants The following warrants were outstanding as at July 31, 2021: Number Exercise 288,125 1.20 August 31, 2021 200,313 1.20 September 17, 2021 518,407 1.00 July 3, 2022 2,302,517 1.00 August 19, 2022 1,150,000 1.00 September 3, 2022 2,225,352 1.36 July 31, 2022 166,666 1.36 September 21, 2022 6,851,380 1.14 Number of Warrants Weighted Average Balance, July 31, 2019 8,196,524 $ 1.57 Warrants issued 5,677,869 1.00 Warrants expired (1,402,393 ) (2.50 ) Balance, July 31, 2020 12,472,000 $ 1.27 Warrants issued 166,666 1.36 Warrants expired (5,787,286 ) (1.30 ) Balance, July 31, 2021 6,851,380 $ 1.14 The following weighted average assumptions were used for the Black-Scholes pricing model valuation of finders' warrants issued during the year ended July 31: 2021 2020 Risk-free interest rate 1.52% 1.52% Expected life of warrants 0.08-1.14 years 2.0 -2.05 years Expected annualized volatility 83.6%-118.2% 115.42%-116.76% Dividend Nil Nil Forfeiture rate 0% 0% Share-Based Payments The Company has a stock option plan under which it is authorized to grant options to executive officers and directors, employees and consultants enabling them to acquire up to 10% of the issued and outstanding common stock of the Company. Under the plan the exercise price of each option equals the market price of the Company's stock, less any applicable discount, as calculated on the date of grant The options can be granted for a maximum term of 5 years with vesting determined by the board of directors.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jul. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES [Text Block]	12. INCOME TAXES A reconciliation of income taxes (recovery) at statutory rates with the reported taxes is as follows: Loss before income taxes $ (1,603,878 ) $ (5,471,535 ) Expected income tax (recovery) at statutory tax rates $ (429,000 ) $ (1,148,000 ) Change in statutory, foreign tax, foreign exchange rates and other 1,094,000 (158,000 ) Permanent differences 150,000 253,000 Adjustment to prior years provision versus statutory tax return and expiry of non-capital losses — (7,000 ) Change in unrecognized deductible temporary difference (815,000 ) 1,060,000 Income tax recovery $ — $ — Significant components of deferred tax assets (liabilities) that have not been included on the Company's consolidated balance sheet are as follows: Deferred tax assets (liabilities): Mineral property interest $ 27,000 $ 1,381,000 Non-capital losses available for future period 1,091,000 2,228,000 1,118,000 3,609,000 Unrecognized deferred tax assets (1,118,000 ) (3,609,000 ) Net deferred tax assets $ — $ — The Company has approximately $4,085,000 (2020 - $7,650,000) in net operating losses which may be carried forward and applied against taxable income in future years. The significant components of the Company's temporary differences, unused tax credits and unused tax losses that have not been included on the consolidated statement of financial position are as follows: 2021 Expiry Date Range 2020 Expiry Date Range Temporary Differences Exploration and evaluation assets $ 181,000 No expiry date $ 5,435,000 No expiry date Equipment — No expiry date 501,000 No expiry date Non-capital losses available for future period 4,085,000 2027 to Indefinite 10,175,000 2027 to Indefinite USA $ 4,085,000 2027 to Indefinite $ 10,175,000 2027 to Indefinite Tax attributes are subject to review and potential adjustments by tax authorities.

SUPPLEMENTAL DISCLOSURE WITH RE

SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS	12 Months Ended
	Jul. 31, 2021
Supplemental Cash Flow Elements [Abstract]
SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS [Text Block]	13. SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS During the years ended July 31, 2021 and 2020, the Company had the following non-cash financing and investing activities: For the year ended July 31, 2021: a) For the year ended July 31, 2020: b) c)

SEGMENTED INFORMATION

SEGMENTED INFORMATION	12 Months Ended
	Jul. 31, 2021
Disclosure Segmented Information [Abstract]
SEGMENTED INFORMATION [Text Block]	14. SEGMENTED INFORMATION A reporting segment is defined as a component of the Company that: — — — The Company has determined that it operates its business in one geographical segment located in California, United States, where all of its equipment and mineral property interests are located.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jul. 31, 2021
Accounting Policies [Abstract]
Generally accepted accounting principles [Policy Text Block]	Generally accepted accounting principles These consolidated financial statements have been prepared in conformity with generally accepted accounting principles of the United States of America ("US GAAP") for financial information with the instructions to Form 10-K and Regulation S-K.
Basis of Consolidation [Policy Text Block]	Basis of Consolidation These consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Rise Grass Valley Inc. All significant intercompany accounts and transactions have been eliminated on consolidation. Subsidiaries Subsidiaries are all entities over which the Company has exposure to variable returns from its involvement and has the ability to use power over the investee to affect its returns. The existence and effect of potential voting rights that are currently exercisable or convertible are considered when assessing whether the Company controls another entity. Subsidiaries are fully consolidated from the date on which control is transferred to the Company until the date on which control ceases. The accounts of subsidiaries are prepared for the same reporting period as the parent company, using consistent accounting policies. Intercompany transactions, balances and unrealized gains or losses on transactions are eliminated upon consolidation.
Use of Estimates [Policy Text Block]	Use of Estimates The preparation of these financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant areas requiring the use of estimates include the carrying value and recoverability of mineral properties and the recognition of deferred tax assets based on the change in unrecognized deductible temporary tax differences. Actual results could differ from those estimates and would impact future results of operations and cash flows.
Functional and reporting currency [Policy Text Block]	Functional and reporting currency The Company's functional and reporting currency is the United States dollar. Transactions in currencies other than the functional currency of the Company are initially translated into the functional currency by applying the exchange rates prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate prevailing at the date of the statement of financial position. Non-monetary assets and liabilities are translated at historical exchange rates, unless the item is carried at fair value, in which case it will be translated at the exchange rate in effect at the date when the fair value was determined. Resulting foreign exchange gains and losses are recognized in income or loss.
Derivatives [Policy Text Block]	Derivatives Derivatives are initially recognized at the fair value on the date the derivative contract is entered into and transaction costs are expensed. The Company's derivatives are subsequently re-measured at their fair value at each balance sheet date with changes in fair value recognized in profit or loss. As the exercise price of the Company's warrants are in Canadian Dollars, and the functional currency of the Company is the United States Dollar, these warrants are considered a derivative as a variable amount of cash in the Company's functional currency will be received upon exercise.
Receivables [Policy Text Block]	Receivables The Company reviews all receivables that exceed terms and establishes an allowance for doubtful accounts based on management's assessment of the collectability of trade and other receivables.
Mineral property [Policy Text Block]	Mineral property The costs of acquiring mineral rights are capitalized at the date of acquisition. After acquisition, various factors can affect the recoverability of the capitalized costs. If, after review, management concludes that the carrying amount of a mineral property is impaired, it will be written down to estimated fair value. Exploration costs incurred on mineral properties are expensed as incurred. Development costs incurred on proven and probable reserves will be capitalized. Upon commencement of production, capitalized costs will be amortized using the unit-of-production method over the estimated life of the ore body based on proven and probable reserves (which exclude non-recoverable reserves and anticipated processing losses). When the Company receives an option payment related to a property, the proceeds of the payment are applied to reduce the carrying value of the exploration asset.
Long-lived assets [Policy Text Block]	Long-lived assets Long-lived assets, consisting of equipment held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. For purposes of evaluating the recoverability of long-lived assets, the recoverability test is performed using undiscounted net cash flows related to the long-lived assets. If such assets are considered to be impaired, the impairment recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell.
Equipment [Policy Text Block]	Equipment Equipment is recorded at cost less accumulated depreciation. Depreciation is provided over the assets' useful lives on a straight-line basis. Equipment purchased by the Company is depreciated over 15 years.
Asset retirement obligations [Policy Text Block]	Asset retirement obligations The Company records the fair value of an asset retirement obligation as a liability in the period in which it incurs a legal obligation associated with the retirement of tangible long-lived assets that result from the acquisition, construction, development, and/or normal use of the long-lived assets. The Company also records a corresponding asset which is amortized over the life of the asset. Subsequent to the initial measurement of the asset retirement obligation, the obligation is adjusted at the end of each period to reflect the passage of time (accretion expense) and changes in the estimated future cash flows underlying the obligation (asset retirement cost).
Loss per share [Policy Text Block]	Loss per share Basic loss per common share is computed using the weighted average number of common shares outstanding during the year. To calculate diluted loss per share, the Company adjusts net income (loss) attributable to common shareholders and the weighted average number of common shares outstanding for the effects of all dilutive potential common shares such as stock options and warrants. As at July 31, 2021, 2,223,500 outstanding options and 6,851,380 outstanding warrants were excluded from the diluted calculation.
Financial instruments [Policy Text Block]	Financial instruments The Company's financial instruments consist of cash, receivables, accounts payable and accrued liabilities, loan payable, payable to related parties and equipment loan. It is management's opinion that the Company is not exposed to significant interest, currency or credit risks arising from its financial instruments. The fair values of these financial instruments approximate their carrying values unless otherwise noted.
Fair value of financial assets and liabilities [Policy Text Block]	Fair value of financial assets and liabilities The Company measures the fair value of financial assets and liabilities based on US GAAP guidance which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. The Company classifies financial assets and liabilities as held-for-trading, available-for-sale, held-to-maturity, loans and receivables or other financial liabilities depending on their nature. Financial assets and financial liabilities are recognized at fair value on their initial recognition, except for those arising from certain related party transactions which are accounted for at the transferor's carrying amount or exchange amount. Financial assets and liabilities classified as held-for-trading are measured at fair value, with gains and losses recognized in net income. Financial assets classified as held-to-maturity, loans and receivables, and financial liabilities other than those classified as held-for-trading are measured at amortized cost, using the effective interest rate method of amortization. Financial assets classified as available-for-sale are measured at fair value, with unrealized gains and losses being recognized as other comprehensive income until realized, or if an unrealized loss is considered other than temporary, the unrealized loss is recorded in income. The following indicates the fair value hierarchy of the valuation techniques the Company utilizes to determine the fair value of financial assets that are measured at fair value on a recurring basis. Level 1 - Unadjusted quoted prices in active markets for identical assets and liabilities; Level 2 - Inputs other than quoted prices that are observable for the asset or liability either directly or indirectly; and Level 3 - Inputs that are not based on observable market data. Cash is considered level 1 and classified as cash on hand and held at banks. Financial instruments, including payable to related parties, loan payable, accounts payable and accrued liabilities and equipment loan are classified as other financial liabilities and are carried at cost, which management believes approximates fair value due to the short-term nature of these instruments.
Concentration of credit risk [Policy Text Block]	Concentration of credit risk The financial instrument which potentially subjects the Company to concentration of credit risk is cash. The Company maintains cash in bank accounts that, at times, may exceed federally insured limits. As of July 31, 2021, and 2020, the Company has not exceeded the federally insured limit. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant risks on its cash in bank accounts.
Stock-based compensation [Policy Text Block]	Stock-based compensation The Company accounts for share-based compensation under the provisions of ASC 718, "Compensation-Stock Compensation". Under the fair value recognition provisions, stock-based compensation expense is measured at the fair value of the consideration received, or the fair value of the equity instruments issued, or liabilities incurred, whichever is more reliably measured. Share-based compensation for all stock-based awards to employees and directors is recognized as an expense over the requisite service period, which is generally the vesting period. The Black-Scholes option valuation model is used to calculate fair value.
Income taxes [Policy Text Block]	Income taxes The Company accounts for income taxes under the asset and liability method, whereby deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Current income taxes are recognized for the estimated income taxes payable or receivable on taxable income or loss from the current year and any adjustment to income taxes payable related to previous years. Current income taxes are determined using tax rates and tax laws that have been enacted or subsequently enacted by the year-end date. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under the asset and liability method the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is recognized if it is more likely than not that some portion or all of the deferred tax asset will not be recognized.
Recently adopted and recently issued accounting standards [Policy Text Block]	Recently adopted and recently issued accounting standards The Company has determined that other significant newly issued accounting pronouncements are either not applicable to the Company's business or that no material effect is expected on the financial statements as a result of future adoption.

PREPAID EXPENSES (Tables)

PREPAID EXPENSES (Tables)	12 Months Ended
	Jul. 31, 2021
Disclosure Prepaid Expenses [Abstract]
Schedule of Prepaid Expenses [Table Text Block]	July 31, 2021 July 31, 2020 Insurance $ 74,862 $ 57,875 Deposits 263,779 303,190 Other 393 2,581 $ 339,034 $ 363,646

MINERAL PROPERTY INTERESTS (Tab

MINERAL PROPERTY INTERESTS (Tables)	12 Months Ended
	Jul. 31, 2021
Disclosure Mineral Property Interests [Abstract]
Schedule of Mineral Properties [Table Text Block]	Idaho-Maryland, California Ending balance, July 31, 2021 and 2020 $ 4,149,053
Schedule of Idaho-Maryland Gold Mine expenditures [Table Text Block]	Year ended Year ended Idaho-Maryland Gold Mine expenditures: Opening balance $ 6,387,402 $ 4,750,611 Consulting 520,690 1,472,374 Engineering 12,770 32,543 Exploration 124,987 (117,792 ) Rent 91,208 71,363 Supplies 2,474 11,007 Sampling 187 112,153 Logistics 4,366 32,157 Depreciation 25,579 22,986 Total expenditures for the year 782,261 1,636,791 Closing balance $ 7,169,662 $ 6,387,402

EQUIPMENT AND EQUIPMENT LOAN (T

EQUIPMENT AND EQUIPMENT LOAN (Tables)	12 Months Ended
	Jul. 31, 2021
Property, Plant and Equipment [Abstract]
Schedule of Drilling Equipment [Table Text Block]	Cost Drilling equipment At July 31, 2019 $ 638,267 Foreign currency translation adjustment 6,580 At July 31, 2020 $ 644,847 At July 31, 2021 $ 644,847 Accumulated depreciation At July 31, 2019 $ 20,501 Depreciation 22,986 At July 31, 2020 $ 43,487 Depreciation 25,579 At July 31, 2021 $ 69,066 Total carrying value, July 31, 2020 $ 601,360 Total carrying value, July 31, 2021 $ 575,781

LOAN PAYABLE (Tables)

LOAN PAYABLE (Tables)	12 Months Ended
	Jul. 31, 2021
Disclosure Loan Payable [Abstract]
Schedule of Loan Payable [Table Text Block]	Loan Payable Balance, July 31, 2019 $ — Proceeds 1,000,000 Issuance costs (459,942 ) Interest expense 97,581 Accretion expense 104,518 Balance, July 31, 2020 $ 742,157 Interest expense 119,523 Accretion expense 114,907 Balance, July 31, 2021 $ 976,587

WARRANT DERIVATIVE (Tables)

WARRANT DERIVATIVE (Tables)	12 Months Ended
	Jul. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Liability [Table Text Block]	Warrant derivative Number of warrants Balance, August 1, 2019 $ 1,604,768 8,049,428 Addition 1,521,930 4,473,238 Expiry (9,010 ) (1,362,747 ) Fair value adjustment (899,581 ) — Balance, July 31, 2020 $ 2,218,107 11,159,919 Expiry — (5,679,836 ) Fair value adjustment (1,776,341 ) — Balance, July 31, 2021 $ 441,766 5,480,083
Schedule of Weighted Average Assumptions of Warrants [Table Text Block]	July 31, 2021 July 31, 2020 Risk-free interest rate 1.52% 1.52% Expected life of warrants 0.08 - 1.14 years 0.46 to 2.05 years Expected annualized volatility 83.6% to 118.2% 92.6% to 117.0% Dividend Nil Nil Forfeiture rate 0% 0%

CAPITAL STOCK AND ADDITIONAL _2

CAPITAL STOCK AND ADDITIONAL PAID-IN CAPITAL (Tables)	12 Months Ended
	Jul. 31, 2021
Disclosure Capital Stock And Additional Paidincapital Tables Abstract
Schedule of Stock Options Roll Forward [Table Text Block]	Number of Options Weighted Average Exercise Price (C$) Expiry Date 75,000 0.50 March 17, 2023 350,000 1.20 April 19, 2023 180,000 1.00 November 30, 2023 290,000 0.70 August 21, 2024 1,338,500 1.20 September 22, 2025 2,233,500 1.09
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Number of Options Weighted Average Exercise Price ($C) Balance outstanding and exercisable, July 31, 2019 1,451,014 $ 1.54 Options granted 826,284 0.68 Options expired (175,000 ) 2.44 Options forfeited (1,097,298 ) 1.25 Balance outstanding and exercisable, July 31, 2020 1,005,000 1.00 Options granted 1,338,500 1.20 Options expired (110,000 ) 1.50 Balance outstanding and exercisable, July 31, 2021 2,233,500 $ 1.09
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Risk-free interest rate 1.52% 1.52% Expected life of stock options 5 years 3-5 years Expected annualized volatility 119.09% 117.21%-123.27% Dividend Nil Nil Forfeiture rate 0% 0%
Schedule of warrants outstanding [Table Text Block]	Number Exercise 288,125 1.20 August 31, 2021 200,313 1.20 September 17, 2021 518,407 1.00 July 3, 2022 2,302,517 1.00 August 19, 2022 1,150,000 1.00 September 3, 2022 2,225,352 1.36 July 31, 2022 166,666 1.36 September 21, 2022 6,851,380 1.14
Schedule of warrants activity [Table Text Block]	Number of Warrants Weighted Average Balance, July 31, 2019 8,196,524 $ 1.57 Warrants issued 5,677,869 1.00 Warrants expired (1,402,393 ) (2.50 ) Balance, July 31, 2020 12,472,000 $ 1.27 Warrants issued 166,666 1.36 Warrants expired (5,787,286 ) (1.30 ) Balance, July 31, 2021 6,851,380 $ 1.14
Schedule of warrants, valuation assumptions [Table Text Block]	2021 2020 Risk-free interest rate 1.52% 1.52% Expected life of warrants 0.08-1.14 years 2.0 -2.05 years Expected annualized volatility 83.6%-118.2% 115.42%-116.76% Dividend Nil Nil Forfeiture rate 0% 0%

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jul. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of effective rate reconciliation [Table Text Block]	Loss before income taxes $ (1,603,878 ) $ (5,471,535 ) Expected income tax (recovery) at statutory tax rates $ (429,000 ) $ (1,148,000 ) Change in statutory, foreign tax, foreign exchange rates and other 1,094,000 (158,000 ) Permanent differences 150,000 253,000 Adjustment to prior years provision versus statutory tax return and expiry of non-capital losses — (7,000 ) Change in unrecognized deductible temporary difference (815,000 ) 1,060,000 Income tax recovery $ — $ —
Schedule of deferred tax assets [Table Text Block]	Deferred tax assets (liabilities): Mineral property interest $ 27,000 $ 1,381,000 Non-capital losses available for future period 1,091,000 2,228,000 1,118,000 3,609,000 Unrecognized deferred tax assets (1,118,000 ) (3,609,000 ) Net deferred tax assets $ — $ —
Schedule of company temporary differences, unused tax credits and unused tax losses [Table Text Block]	2021 Expiry Date Range 2020 Expiry Date Range Temporary Differences Exploration and evaluation assets $ 181,000 No expiry date $ 5,435,000 No expiry date Equipment — No expiry date 501,000 No expiry date Non-capital losses available for future period 4,085,000 2027 to Indefinite 10,175,000 2027 to Indefinite USA $ 4,085,000 2027 to Indefinite $ 10,175,000 2027 to Indefinite

NATURE AND CONTINUANCE OF OPE_2

NATURE AND CONTINUANCE OF OPERATIONS (Narrative) (Details) - USD ($)	12 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Sep. 18, 2020	Sep. 17, 2020
Authorized capital	400,000,000	400,000,000	400,000,000	40,000,000
Loss for the period	$ (1,603,878)	$ (5,471,535)
Accumulated deficit	(19,544,477)	(17,940,599)
Working capital	$ 956,524	$ 3,267,744

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details)	12 Months Ended
	Jul. 31, 2021shares
Accounting Policies [Abstract]
Depreciation method	straight-line basis
Equipment, useful life	15 years
Outstanding options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of securities excluded from the diluted calculation	2,223,500
Outstanding warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of securities excluded from the diluted calculation	6,851,380

PREPAID EXPENSES - Schedule of

PREPAID EXPENSES - Schedule of Prepaid Expenses (Details) - USD ($)	Jul. 31, 2021	Jul. 31, 2020
Disclosure Prepaid Expenses Details Abstract
Insurance	$ 74,862	$ 57,875
Prepaid Deposits	263,779	303,190
Other	393	2,581
Prepaid Expenses	$ 339,034	$ 363,646

MINERAL PROPERTY INTERESTS (Nar

MINERAL PROPERTY INTERESTS (Narrative) (Details)	May 14, 2018USD ($)	Jun. 07, 2017USD ($)	Jan. 06, 2017USD ($)	Jan. 25, 2017USD ($)shares	Aug. 30, 2016USD ($)	Jul. 31, 2021USD ($)	Jul. 31, 2020USD ($)	Jul. 31, 2019USD ($)	Jan. 25, 2017$ / shares	Jan. 25, 2017USD ($)$ / shares
Idaho Maryland Gold Mine Property [Member]
Mineral Property Interests [Line Items]
Percentage of interest acquired					100.00%					100.00%
Purchase price for acquisition of assets					$ 2,000,000
Payments for non-refundable cash deposit					$ 25,000
Purchase price				$ 1,950,000
Payments for commissions				$ 140,000
Commission percentage on purchase price				7.00%
Number of units issued | shares				92,000
Issuance price per unit | (per share)									$ 2	$ 1.16
Warrant exercise price | (per share)									$ 4	$ 3.04
Transaction costs										$ 109,053
Cumulative exploration expenditures						$ 7,169,662	$ 6,387,402	$ 4,750,611
Sierra Pacific Industries Inc [Member]
Mineral Property Interests [Line Items]
Percentage of interest acquired										100.00%
Purchase price for acquisition of assets			$ 1,900,000
Payments for non-refundable cash deposit			100,000
Cash payment	$ 1,300,000	$ 300,000	200,000
Payment due in order to exercise option		$ 1,300,000	$ 1,600,000

MINERAL PROPERTIES - Schedule o

MINERAL PROPERTIES - Schedule of Mineral Properties (Details) - USD ($)	Jul. 31, 2021	Jul. 31, 2020
Mineral Property Interests [Line Items]
Mineral property interests	$ 4,149,053	$ 4,149,053
Idaho-Maryland, California
Mineral Property Interests [Line Items]
Mineral property interests	$ 4,149,053	$ 4,149,053

MINERAL PROPERTIES - Schedule_2

MINERAL PROPERTIES - Schedule of Idaho-Maryland Gold Mine expenditures (Details) - USD ($)	12 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
Mineral Property Interests [Line Items]
Depreciation	$ 25,579	$ 22,986
Idaho Maryland Gold Mine Property [Member]
Mineral Property Interests [Line Items]
Opening balance	6,387,402	4,750,611
Consulting	520,690	1,472,374
Engineering	12,770	32,543
Exploration Expense	124,987	(117,792)
Rent	91,208	71,363
Supplies	2,474	11,007
Sampling	187	112,153
Logistics	4,366	32,157
Depreciation	25,579	22,986
Total expenditures for the year	782,261	1,636,791
Closing balance	$ 7,169,662	$ 6,387,402

EQUIPMENT AND EQUIPMENT LOAN (N

EQUIPMENT AND EQUIPMENT LOAN (Narrative) (Details) - USD ($)	12 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2018
Property, Plant and Equipment [Abstract]
Equipment loan			$ 223,574	$ 495,481
Gain on settlement of equipment loan	$ 0	$ 19,924

EQUIPMENT AND EQUIPMENT LOAN -

EQUIPMENT AND EQUIPMENT LOAN - Schedule of Drilling Equipment (Details) - USD ($)	12 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
Accumulated depreciation
Depreciation	$ 25,579	$ 22,986
Total Carrying Value	575,781	601,360
Drilling Equipment [Member]
Cost
Beginning Balance	644,847	638,267
Foreign currency translation adjustment		6,580
Ending Balance	644,847	644,847
Accumulated depreciation
Beginning Balance	43,487	20,501
Depreciation	25,579	22,986
Ending Balance	69,066	43,487
Total Carrying Value	$ 575,781	$ 601,360

RELATED PARTY TRANSACTIONS (Nar

RELATED PARTY TRANSACTIONS (Narrative) (Details) - USD ($)	12 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
Related Party Transaction [Line Items]
Salaries	$ 145,545	$ 149,724
Directors fees	80,000	84,167
Professional fees	517,092	244,764
Due to related parties	34,010	79,479
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Salaries	135,000	135,000
Director [Member]
Related Party Transaction [Line Items]
Directors fees	80,000	84,167
Professional fees	141,304	133,708
Equity Option [Member]
Related Party Transaction [Line Items]
Share-based compensation	$ 560,792	$ 326,393

LOAN PAYABLE (Narrative) (Detai

LOAN PAYABLE (Narrative) (Details)	Sep. 03, 2019USD ($)	Jul. 31, 2021USD ($)	Jul. 31, 2020USD ($)	Sep. 03, 2019$ / shares	Sep. 03, 2019USD ($)$ / sharesshares
Debt Instrument [Line Items]
Proceeds		$ 0	$ 1,000,000
Eridanus Capital LLC [Member] | Loans payable [Member]
Debt Instrument [Line Items]
Proceeds	$ 1,000,000		1,000,000
Loan term	4 years
Interest rate description	annual interest rate of 10% for the first two years increasing to 20% in year 3 and to 25% in year 4. Interest will accrue and be paid along with the principal upon the maturity date
Number of warrants received | shares					1,150,000
Fair value of warrants received					$ 444,942
Amount paid to lender	$ 15,000
Issuance costs	$ 459,942		$ 459,942
Warrant exercise price | (per share)				$ 1	$ 0.80
Debt Instrument, Description	The Loan may be repaid prior to the maturity date, in whole or in part, provided that all accrued interest is paid. In addition, if total interest payments are less than $200,000, the difference will be paid to the Lender as prepayment compensation.
Eridanus Capital LLC [Member] | Loans payable [Member] | Interest rate in first two years [Member]
Debt Instrument [Line Items]
Interest rate	10.00%
Eridanus Capital LLC [Member] | Loans payable [Member] | Interest rate in year three [Member]
Debt Instrument [Line Items]
Interest rate	20.00%
Eridanus Capital LLC [Member] | Loans payable [Member] | Interest rate in year four [Member]
Debt Instrument [Line Items]
Interest rate	25.00%

LOAN PAYABLE - Schedule of Loan

LOAN PAYABLE - Schedule of Loan Payable (Details) - USD ($)	Sep. 03, 2019	Jul. 31, 2021	Jul. 31, 2020
Debt Instrument [Line Items]
Balance		$ 742,157
Proceeds		0	$ 1,000,000
Accretion expense		114,907	104,518
Balance		976,587	742,157
Eridanus Capital LLC [Member] | Loans payable [Member]
Debt Instrument [Line Items]
Balance		742,157	0
Proceeds	$ 1,000,000		1,000,000
Issuance costs	$ (459,942)		(459,942)
Interest expense		119,523	97,581
Accretion expense		114,907	104,518
Balance		$ 976,587	$ 742,157

WARRANT DERIVATIVE (Narrative)

WARRANT DERIVATIVE (Narrative) (Details) - USD ($)	12 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gain (loss) on fair value adjustment on warrant derivatives	$ 1,776,341	$ (2,218,107)

WARRANT DERIVATIVE - Schedule o

WARRANT DERIVATIVE - Schedule of Derivative Liability (Details) - Warrant derivative [Member] - USD ($)	12 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
Derivative [Line Items]
Warrant derivative, Beginning Balance	$ 2,218,107	$ 1,604,768
Number of warrants accounted for as derivative liability, Beginning Balance	11,159,919	8,049,428
Warrant derivative, Addition		$ 1,521,930
Number of warrants accounted for as derivative liability, Addition		4,473,238
Warrant derivative, Expiry	$ 0	$ (9,010)
Number of warrants accounted for as derivative liability, Expiry	(5,679,836)	(1,362,747)
Warrant derivative, Fair value adjustment	$ (1,776,341)	$ (899,581)
Warrant derivative, Ending Balance	$ 441,766	$ 2,218,107
Number of warrants accounted for as derivative liability, Ending Balance	5,480,083	11,159,919

WARRANT DERIVATIVE - Schedule_2

WARRANT DERIVATIVE - Schedule of Weighted Average Assumptions of Warrants (Details) - Warrant derivative [Member]	Jul. 31, 2021Year	Jul. 31, 2020Year
Risk-free interest rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative Liability, Measurement Input	1.52	1.52
Expected life of warrants [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative Liability, Measurement Input	0.08	0.46
Expected life of warrants [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative Liability, Measurement Input	1.14	2.05
Expected annualized volatility [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative Liability, Measurement Input	83.6	92.6
Expected annualized volatility [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative Liability, Measurement Input	118.2	117
Dividend [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative Liability, Measurement Input	0	0
Forfeiture rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative Liability, Measurement Input	0	0

CAPITAL STOCK AND ADDITIONAL _3

CAPITAL STOCK AND ADDITIONAL PAID-IN CAPITAL - (Narrative) (Details)

1 Months Ended

12 Months Ended

Aug. 31, 2021shares

Sep. 23, 2020USD ($)shares

Sep. 22, 2020$ / shares

Sep. 22, 2020USD ($)$ / sharesshares

Jul. 31, 2020USD ($)shares

Aug. 19, 2019CAD ($)$ / sharesshares

Aug. 19, 2019USD ($)shares

Jul. 31, 2021USD ($)$ / shares

Jul. 31, 2021USD ($)shares

Jul. 31, 2020$ / shares

Jul. 31, 2020USD ($)shares

Sep. 23, 2020$ / shares

Sep. 23, 2020$ / shares

Jul. 31, 2020USD ($)$ / shares

Aug. 19, 2019$ / shares

Capital Stock And Additional Paid In Capital [Line Items]

Proceeds from Issuance of Private Placement

$ 250,000

$ 5,499,131

Legal fees

$ 454,176

$ 89,139

Subsequent Event [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Number of warrants expired unexercised | shares

488,438

Employees, Officers, Directors, And Consultants [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Percentage of issued and outstanding common stock issued for options

10.00%

Maximum contractual term

5 years

Equity Option [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Risk-free interest rate

1.52%

1.52%

Expected annualized volatility

119.09%

Expected life

5 years

Number of options granted | shares

1,338,500

826,284

Weighted average exercise price of options granted | $ / shares

$ 1.20

$ 0.68

Equity Option [Member] | Minimum [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Expected annualized volatility

117.21%

Expected life

3 years

Equity Option [Member] | Maximum [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Expected annualized volatility

123.27%

Expected life

5 years

Equity Option [Member] | President and CEO [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Number of options granted | shares

1,338,500

Weighted average exercise price of options granted | (per share)

$ 1.20

$ 0.90

Share based compensation expense

$ 560,792

Aggregate intrinsic value of options

$ 1,313

$ 1,313

$ 11,532

Equity Option [Member] | Employees, Officers, Directors, And Consultants [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Number of options granted | shares

826,284

Fair value of options granted

$ 357,271

Weighted average exercise price of options granted | $ / shares

$ 0.68

Remaining contractual term for options exercisable

5 years

Non-brokered private placement [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Amount of non brokered private placement

$ 250,000

$ 3,272,875

Number of unit of non-brokered private placement | shares

333,333

4,363,833

Sale of stock, price per share | (per share)

1.02

$ 1.02

$ 0.75

$ 0.75

Warrant exercise price | (per share)

$ 1.36

$ 1

1

Legal fees

$ 1,802

Non-brokered private placement [Member] | Finder Warrants [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Warrant exercise price | $ / shares

$ 1

Finders and legal fees

$ 40,414

Number of finders warrants issued | shares

43,435

Value of finders warrants issued

$ 15,500

Risk-free interest rate

1.52%

Expected annualized volatility

115.42%

Share Price | $ / shares

0.86

Strike price | $ / shares

1.02

Expected life

2 years

Non-brokered private placement [Member] | Second tranche [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Amount of non brokered private placement

$ 3,207,850

$ 2,412,281

Number of unit of non-brokered private placement | shares

4,582,644

4,582,644

Sale of stock, price per share | (per share)

$ 0.70

$ 0.53

Description of issuance of shares under second tranche of non brokered private placement

each Unit comprising of one share of common stock (a "Share") and one-half of one share purchase warrant

each unit consists of one share of common stock and one-half of one share purchase warrant

each unit consists of one share of common stock and one-half of one share purchase warrant

Warrant exercise price | (per share)

$ 1

0.80

Non-brokered private placement [Member] | Second tranche [Member] | Finder Warrants [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Warrant exercise price | (per share)

$ 1

$ 0.80

Finders and legal fees

$ 8,710

Number of finders warrants issued | shares

11,196

11,196

Value of finders warrants issued

$ 4,990

Non-brokered private placement [Member] | Equity Option [Member] | President and CEO [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Number of shares surrendered | shares

1,097,298

Non-brokered private placement [Member] | Equity Option [Member] | President and CEO [Member] | Minimum [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Share Price | $ / shares

0.70

Non-brokered private placement [Member] | Equity Option [Member] | President and CEO [Member] | Maximum [Member]

Capital Stock And Additional Paid In Capital [Line Items]

Share Price | $ / shares

$ 2.40

CAPITAL STOCK AND ADDITIONAL _4

CAPITAL STOCK AND ADDITIONAL PAID-IN CAPITAL (Details)	12 Months Ended
	Jul. 31, 2021$ / sharesshares
Equity Option [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	2,233,500
Exercise Price | $ / shares	$ 1.09
Stock Option One [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	75,000
Exercise Price | $ / shares	$ 0.50
Expiry Date	Mar. 17, 2023
Stock Option Two [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	350,000
Exercise Price | $ / shares	$ 1.20
Expiry Date	Apr. 19, 2023
Stock Option Three [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	180,000
Exercise Price | $ / shares	$ 1
Expiry Date	Nov. 30, 2023
Stock Option Four [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	290,000
Exercise Price | $ / shares	$ 0.70
Expiry Date	Aug. 21, 2024
Stock Option Five [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	1,338,500
Exercise Price | $ / shares	$ 1.20
Expiry Date	Sep. 22, 2025
Warrant One [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	288,125
Exercise Price | $ / shares	$ 1.20
Expiry Date	Aug. 31, 2021
Warrant Two [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	200,313
Exercise Price | $ / shares	$ 1.20
Expiry Date	Sep. 17, 2021
Warrant Three [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	518,407
Exercise Price | $ / shares	$ 1
Expiry Date	Jul. 3, 2022
Warrant Four [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	2,302,517
Exercise Price | $ / shares	$ 1
Expiry Date	Aug. 19, 2022
Warrant Five [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	1,150,000
Exercise Price | $ / shares	$ 1
Expiry Date	Sep. 3, 2022
Warrant Six [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	2,225,352
Exercise Price | $ / shares	$ 1.36
Expiry Date	Jul. 31, 2022
Warrant Seven [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	166,666
Exercise Price | $ / shares	$ 1.36
Expiry Date	Sep. 21, 2022
Warrant [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Number of Shares | shares	6,851,380
Exercise Price | $ / shares	$ 1.14

CAPITAL STOCK AND ADDITIONAL _5

CAPITAL STOCK AND ADDITIONAL PAID-IN CAPITAL (Details 1) - $ / shares	12 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
Equity Option [Member]
Number of Options/Warrants
Beginning Balance	1,005,000	1,451,014
Options granted	1,338,500	826,284
Options expired	(110,000)	(175,000)
Options forfeited		(1,097,298)
Ending Balance	2,233,500	1,005,000
Weighted Average Exercise Price
Beginning Balance	$ 1	$ 1.54
Options granted	1.20	0.68
Options expired	1.50	2.44
Options forfeited		1.25
Ending Balance	$ 1.09	$ 1
Warrant [Member]
Number of Options/Warrants
Beginning Balance	12,472,000	8,196,524
Options granted	166,666	5,677,869
Options expired	(5,787,286)	(1,402,393)
Ending Balance	6,851,380	12,472,000
Weighted Average Exercise Price
Beginning Balance	$ 1.27	$ 1.57
Options granted	1.36	1
Options expired	1.30	2.50
Ending Balance	$ 1.14	$ 1.27

CAPITAL STOCK AND ADDITIONAL _6

CAPITAL STOCK AND ADDITIONAL PAID-IN CAPITAL (Details 2)	12 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
Equity Option [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Risk-free interest rate	1.52%	1.52%
Expected life	5 years
Expected annualized volatility	119.09%
Dividend	0.00%	0.00%
Forfeiture rate	0.00%	0.00%
Equity Option [Member] | Minimum [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Expected life		3 years
Expected annualized volatility		117.21%
Equity Option [Member] | Maximum [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Expected life		5 years
Expected annualized volatility		123.27%
Warrant [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Risk-free interest rate	1.52%	1.52%
Dividend	0.00%	0.00%
Forfeiture rate	0.00%	0.00%
Warrant [Member] | Minimum [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Expected life	29 days	2 years
Expected annualized volatility	83.60%	115.42%
Warrant [Member] | Maximum [Member]
Capital Stock And Additional Paid In Capital [Line Items]
Expected life	1 year 1 month 20 days	2 years 18 days
Expected annualized volatility	118.20%	116.76%

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details) - USD ($)	Jul. 31, 2021	Jul. 31, 2020
Income Tax Disclosure [Abstract]
Net operating losses	$ 4,085,000	$ 7,650,000

INCOME TAXES - Schedule of effe

INCOME TAXES - Schedule of effective rate reconciliation (Details) - USD ($)	12 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
Income Tax Disclosure [Abstract]
Loss before income taxes	$ (1,603,878)	$ (5,471,535)
Expected income tax (recovery) at statutory tax rates	(429,000)	(1,148,000)
Change in statutory, foreign tax, foreign exchange rates and other	1,094,000	(158,000)
Permanent differences	150,000	253,000
Adjustment to prior years provision versus statutory tax return and expiry of non-capital losses	0	(7,000)
Change in unrecognized deductible temporary difference	(815,000)	1,060,000
Income tax recovery	$ 0	$ 0

INCOME TAXES - Schedule of defe

INCOME TAXES - Schedule of deferred tax assets (Details) - USD ($)	Jul. 31, 2021	Jul. 31, 2020
Income Tax Disclosure [Abstract]
Mineral property interest	$ 27,000	$ 1,381,000
Non-capital losses available for future period	1,091,000	2,228,000
Deferred tax assets, gross	1,118,000	3,609,000
Unrecognized deferred tax assets	(1,118,000)	(3,609,000)
Net deferred tax assets	$ 0	$ 0

INCOME TAXES - Schedule of comp

INCOME TAXES - Schedule of company temporary differences, unused tax credits and unused tax losses (Details) - USD ($)	12 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
Income Tax Disclosure [Line Items]
Operating loss carry forward	$ 4,085,000	$ 7,650,000
Exploration and evaluation assets [Member]
Income Tax Disclosure [Line Items]
Operating loss carry forward	$ 181,000	$ 5,435,000
Expiry date range	No expiry date	No expiry date
Equipment [Member]
Income Tax Disclosure [Line Items]
Operating loss carry forward	$ 0	$ 501,000
Expiry date range	No expiry date	No expiry date
Non-capital losses available for future period [Member]
Income Tax Disclosure [Line Items]
Operating loss carry forward	$ 4,085,000	$ 10,175,000
Expiry date range	2027 to Indefinite	2027 to Indefinite
USA [Member]
Income Tax Disclosure [Line Items]
Operating loss carry forward	$ 4,085,000	$ 10,175,000
Expiry date range	2027 to Indefinite	2027 to Indefinite

SUPPLEMENTAL DISCLOSURE WITH _2

SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS (Narrative) (Details)	12 Months Ended
	Jul. 31, 2021CAD ($)$ / sharesshares	Jul. 31, 2021USD ($)shares	Jul. 31, 2020USD ($)
Supplemental Cash Flow Elements [Line Items]
Interest Expense | $		$ 119,523	$ 101,014
Finder's warrants (One) [Member]
Supplemental Cash Flow Elements [Line Items]
Number of finders warrants issued | shares	11,196	11,196
Warrant exercise price | $ / shares	$ 1
Fair value of warrants | $		$ 4,990
Finder's warrants (Two) [Member]
Supplemental Cash Flow Elements [Line Items]
Number of finders warrants issued | shares	43,435	43,435
Warrant exercise price | $ / shares	$ 1.02
Fair value of warrants	$ 20,777	$ 15,500