LIDAR imaging is completed and being interpreted/due out along with a few more rock chips/assays.
Depending on the results a drill program is announced focused on the high target areas in 2 - 4 weeks time.
I think someone mentioned a rough cost of $50pm for drilling in Brazil, so for 25M - 50M holes it's anywhere from $1,250 - $2,500 a hole.
For a basic 30 hole grid you're looking at $75k. Even double on costed it's $150k. So in a quarter spending $500k you could complete a fair amount of drilling.
So a drilling program might be closer and cheaper than you realise, if samples are sent to the labs every 5 - 10 cores then we could be looking at drilling results in 8 - 12 weeks.
GLTAH
Ann: Further High-Grade Niobium Results from Equador - Brazil, page-450
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