The WSRA/GDSM JV for the Gold Crown and Gold Star is contingent on GDSM making the $100,000 payment due on Oct. 20th. If GDSM fails to make that payment the JV goes into default.
Clearly Chaffee is not spending any more time on those claims as he stated they are proceeding with the Silver Cord (without GEAR) and completing basic power and lighting installations.
The above plus the road work at the Azurite mine.
Chaffee is moving ahead with other projects and not sitting there waiting to see if GDSM performs!