15,000M drill progam in January........prior to the 43-101.....then possible JV or Buyout negotiatiions!
.....I expect that they already have some results from the last 30 holes in the main zone and this quick financing will enable them to drill specific target areas and maintain the aggressive drill program in preparation for the next updated mineral resource estimate
@$115 m total drill expenses...$2m would cover the cost of a 15000 m drill program
...many jr resource companies are only able to intiate small (1-5km)programs to stay afloat
EAG is EXCEPTIONAL
...its all good
...MaxT