Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-25

1. Predictions:

At best drilling will commence in Q1 2024 but no guarantees there.
Ultimately landowners cannot stop drilling but they can create huge delays - that's why S2 is wanting to start exploration where landowners agree to it. Many won't which means the best targets will be delayed.
The meetings for everything such as access and sound and oversight will cause delays.
$2.58m is not enough to dill the best opportunities such as the extension of the Curie Zone which is deep 500m+
Agnico knows a big spend is needed given that $20m spent so far has made zoro commercial discoveries.
$2.58 would fund just a few DD or RC's with DD tails at the Curie Zone especially when there are stringent conditions on drilling eg drilling in soundproof sheds and remediation.
The $2.58m will be spent on more IP Surveys to identify targets for which it is adequate.
So fast forward to next year and S2 will need to raise serious money for a drilling campaign.
That will be possible although it will mean dilution.
First results from assays Q2 2024

My opinion