The Company is actively searching for working capital in order to restart production at the Mine. The estimated requirements are up to $500,000. Production could begin at the Mine within 8 weeks of the Company securing financing. Due to the lack of potential funding sources in the US capital markets the Company is exploring financing options in Canada as well as the US.
The Company is completing a 43-101 report on the Black Rock Canyon Project which is a required technical report that governs a description of the mining project. This report is necessary in Canada in order to raise public funds for a mining venture. The Company expects the 43-101 report to be complete within the next two weeks.