RE:RE:RE:RE:Drill Baby Drill You are right - two things can happen at the same time underground - as looks like latest PP raised fund to carryout both the bulk sampling and development drilling.
The proceeds of the private placement will be budgeted as follows:
| | Development drilling at Mary K Mine Project | | $ | 125,000 | |
| | Bulk Sampling processing | | | 500,000 | |
| | Payment to Property Owners | | | 250,000 | |
| | Financing costs, filing fees and commission | | | 80,000 | |
| | Working capital | | | 45,000 | |
| | Total | | $ | 1,000,000 |