From the 10Q
"Due to our limited capital, we have focused on our McDame property. Approval of our placer mining permit, though delayed, was received on September 25, 2014, and we will now be able to complete our final preparation and machinery purchases in time for mining to start in the new mining season for this region in late Spring or early Summer 2015, assuming we raise sufficient capital to proceed.. Our trial runs have been successful, but our mining consultant has recommended that the upgrading of two pieces of heavy machinery is needed to maximize production efficiency and reduce costs. We will proceed with these purchases if we raise sufficient capital to proceed. "
$UNGS
