Will management require external financing to carry out the Golden Silica Mining Work Initiation.
If required @ what price will it be done ???. Any idea.
NEO is pleased to announce the commencement of the mapping and sampling program on its two wholly owned silica projects south of Golden, British Columbia. The program should take two to three weeks with the samples sent to Bureau Veritas Minerals where they will be analyzed to confirm the percentage of silicon in the quartzite samples. The samples will be analyzed by 32 element inductively coupled plasma spectroscopy to confirm the purity of the silicon analysis.
While the field program is in process, other possible sources will be examined and staked. Based on the results of the mapping and analyses, the Company will examine the possibilities of using ground geophysics to map the strike of the quartzite units where they are covered by overburden.
NEO has also engaged with paidpromotionalmessages North America Inc. ("Proactive") to provide investor relations services through increased market awareness, investor portal, and digital marketing services to the Company. The agreement is for a 13-month term for a fee of $22,500. Proactive is one of the fastest growing financial media portals in the world, providing breaking news, commentary and analysis on publicly-listed and pre-IPO businesses.