They just spent 1m in the last quarter gathering soil and paying...

They just spent 1m in the last quarter gathering soil and paying salaries too. To start drilling anywhere they will need a decently large raise to do anything substantial. If this next raise isn't used for drilling then I'd expect another CR before the end of 2H 24.

Will be interesting how they manage this upcoming raise. They'll need 3m minimum if current expenditure is continued to make it to 2025 without another raise, and that is before drilling costs. They should really push for 5-6m and get the drills spinning but its hard with the SP at these levels. 6m would add 1.5B shares to the registry.