Whilst the grant is available, maybe ICG holding back on announcing it until they have firm plans to use same - and as I have already posted - Fable may be a candidate to JV knowing the grant is available - since ICG do not have the funds to pay for $500k of drilling , plus assay costs, before being fully reimbursed for up to $200k. The last part of the grant requires assays be fore grant fully paid out.
Drilling JE and Mac Creek are ICG's priority - into known mineralization.
Another scenario could be that if the JE R/C drilling is a success, then maybe our chairman will increase the unsecured loan to pay for drilling at Fable. A timeline for this is end July - August.
cheers
ICG Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held
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