Cibolan Gold Corp. (fka CIBG)

[Epacific]

The silence is deafening. . .
Since this board has been moribund, thought I'd post some tidbits from the 3/26/15 quarterly report (http://ih.advfn.com/p.php?pid=nmona&article=66077154):

Exploration and Development
With the receipt of the funding discussed in the budget above, the Company anticipates executing an exploration and development program that should be able to complete the following objectives within the next twelve calendar months including:
1.Drill the remaining 50% of the project that remains undrilled to expand the shallow resource.
2.Complete the permitting process and all relevant testing.
3.Infill drilling in the area of the hill zone anticipated to be included in the phase 1 pit with the goal of decreasing stripping and increasing contained ounces within the potential pit area.
4.Complete the water well required for production.
5.Update the Independent Technical Report in the format.


Similarly, from "Cibolan Gold Identifies High Grade Gold Targets" dated 4/2/15 on their website (http://nevada-goldmine.com/archive/cibolan-gold-identifies-high-grade-gold-targets/):

New corporate plans will focus on the continued rapid expansion of the new zones and it integration into the property as a whole. Production is still projected to come through the engineered leach pad already designed and part of the pending plan of operations submission to the Bureau of Land Management. This plan of operations is nearly completed and held in reserve until a new technical report outlining improved grades and economic viability is completed.

“To that end, the Company is approaching a number of interested accredited investors with a funding proposal to obtain up to $1.1 million in three tranches. Each unit sold in these tranches contains one share and three share purchase warrants with one of the warrants expiring on each of the first, second and third anniversaries of buying of the unit,” explained Mr. Forbush.