CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Apr. 30, 2020 |
Apr. 30, 2019 |
Apr. 30, 2020 |
Apr. 30, 2019 |
|
Income Statement [Abstract] | ||||
REVENUES | ||||
EXPLORATION AND PROPERTY HOLDING COSTS | ||||
Exploration and property holding costs | 84,633 | 356,131 | 288,163 | 814,160 |
Depreciation | 8,916 | 7,381 | 18,037 | 14,598 |
TOTAL EXPLORATION AND PROPERTY HOLDING COSTS | 93,549 | 363,512 | 306,200 | 828,758 |
GENERAL AND ADMINISTRATIVE EXPENSES | ||||
Personnel | 136,566 | 166,160 | 292,783 | 339,367 |
Office and administrative | 85,443 | 154,996 | 156,871 | 280,888 |
Professional services | 91,479 | 71,397 | 171,800 | 136,278 |
Directors' fees | 37,289 | 53,300 | 74,772 | 107,765 |
Provision for uncollectible value-added taxes (Note 6) | 5,063 | 11,639 | 15,641 | 20,955 |
TOTAL GENERAL AND ADMINISTRATIVE EXPENSES | 355,840 | 457,492 | 711,867 | 885,253 |
LOSS FROM OPERATIONS | (449,389) | (821,004) | (1,018,067) | (1,714,011) |
OTHER (EXPENSES) INCOME | ||||
Interest income | 2,108 | 6,265 | 7,588 | 6,384 |
Foreign currency transaction (loss) gain | (26,537) | 2,073 | (30,539) | 7,904 |
Change in fair value of stock option liability (Note 11) | 16,983 | 18,774 | ||
Change in fair value of warrant derivative liability | 484,636 | 370,223 | ||
TOTAL OTHER (EXPENSES) INCOME | (24,429) | 509,957 | (22,951) | 403,285 |
LOSS BEFORE INCOME TAXES | (473,818) | (311,047) | (1,041,018) | (1,310,726) |
INCOME TAX EXPENSE | 4,133 | 3,312 | 5,376 | 4,984 |
NET LOSS AND COMPREHENSIVE LOSS | $ (477,951) | $ (314,359) | $ (1,046,394) | $ (1,315,710) |
BASIC AND DILUTED NET LOSS PER COMMON SHARE | $ (0.01) | |||
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (Note 5) | 236,328,214 | 236,010,911 | 236,328,214 | 235,435,436 |
X | ||||||||||
- Definition Change in fair value of stock option liability. No definition available.
|
X | ||||||||||
- Definition Change in fair value of warrant derivative liability. No definition available.
|
X | ||||||||||
- Definition Exploration and Property Holding Costs [Abstract] No definition available.
|
X | ||||||||||
- Definition Exploration expenses (including prospecting) related to the mining industry would be included in operating expenses. Exploration costs include costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of mineral reserves. No definition available.
|
X | ||||||||||
- Definition Expenses relating to the maintenance of offices and administering the affairs of an entity, including affiliates of the reporting entity. No definition available.
|
X | ||||||||||
- Definition Provision recognized during the period for uncollectable value-added taxes to reduce the value-added tax receivable due from tax authorities to the net carrying amount. No definition available.
|
X | ||||||||||
- Definition The aggregate total of exploration expenses (including prospecting) related to the mining industry would be included in operating expenses. No definition available.
|
X | ||||||||||
- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Noninterest expense related to directors' fees which are fees paid by an Entity to its directors. Directors' fees may be paid in addition to salary and other benefits. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
X | ||||||||||
- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
|