RE:RE:RE:RE:RE:RE:ManagementLOL, its in black and white in their Financial Statements ... (see below) ... just because you're to lazy to look it up, even when it is spoonfed to you, doesnt mean it hasnt happened. Here is a cut n paste of the section straight from the most recent statements, note that they were even given the option of making "payments in lieu" for the required exploration expenditures... and they failed to do so!!
"To exercise the 50% Working Interest Option, the Company must:
a) Pay US$25,000 to Ellers following regulatory approval of the Agreement (paid);
b) Pay a further US$25,000 to Ellers (paid) and incur $250,000 in Property expenditures by March 28, 2018 (incurred);
c) Pay a further US$50,000 to Ellers upon execution of the First Amendment (paid);
d) Pay a further US$50,000 to Ellers (US$3,500 paid, with the remainder of the payment amount settled via the issuance of 1,000,000 Company common shares) pursuant to the Second Amendment and incur $750,000 in Property expenditures by October 15, 2019 (incurred); and
e) Incur $500,000 in Property expenditures during each of five one-year lease extension lease periods ending May 24, 2021, 2022, 2023, 2024 and 2025, pursuant to the Second Amendment. For any given one-year lease period, the Company may pay Ellers US$25,000 in lieu of incurring the required expenditures. (As of March 31, 2024, the Company had not incurred the Property expenditures for the periods ended May 31, 2021 and 2022, and had not made the $25,000 payments in lieu.)