...so Salt Creek has 9000m of drilling recently completed, but no assays/results announced yet.
~$1.7m of the cash surplus we have is mainly due to the lack of exploration progress on the Ord project with flooding delays stated for this.
Not sure the Ord funds can be used for something else, given this was part of the Prospectus and IPO, but I would be happy to see this diverted to exploration in Canada.
Canadian Flow Through Funding would be great for the next cap raise, but I would question if a -$2-3m raise is high enough to make the process worthwhile. If PR1 are doing it as well, then it may help things.
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- Ann: Corporate Presentation - Lac des Montagnes Lithium Project
Ann: Corporate Presentation - Lac des Montagnes Lithium Project, page-27
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