phase 2 drilling HC will be done again with this JV partner this year why change the verbiage...reads 2011 hire the geo on a monthly basis just like last season...grab another property like Cabot last year, its their business model its what they do year in, year out...
Over the next twelve months, the Company expects to maintain all of its six
mineral properties and possibly acquire one additional gold property. The
Company intends to drill at least one gold property in a joint venture pending the
availability of additional financing. The Company's current budgeted cash
requirements of$650,000 will allow it to maintain its existing mineral properties
and to drill on the gold property. With the Company's on-going financing
campaign, it is anticipated that the Company can increase its budget requirements
and continue to acquire attractive mineral properties. The Company will continue
to employ its current 5 employees along with engaging the services of a geologist
on the monthly contract beginning in the second quarter of 2011
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