RE: Corporate UpdateRefreshing! Best news I've heard so far.
FINANCIAL UPDATE:
The Company has sufficient funds for the remainder of the year but will require additional funding for any significant future exploration programs. A review of the Company's finances has led to a number of recommendations, some of which have already been implemented. Company overhead and operating expenditures have been drastically reduced and all work programs have been temporarily suspended pending a thorough property review by the new Board of Directors. "We will continue the process of reviewing expenditures to ensure the maximum amount of Company dollars are spent in the ground as exploration expenses," states Company CFO, Stephen Pearce.