The company had $1.8million in cash end of September with no drilling done after that date. This raising will add to their existing cash at bank.
RE: You define a resource, they are already very close for the Innouendy 7km central zone.
"Close drill hole spacing within the Central Zone is sufficient to give confidence in the continuity between holes and the regional traverses indicate the potential for enormous scale."
Once full TREO results are received these may form a contiguous block of over 7km with the mineralisation intersected to the northeast, with the block open in all directions.
The company had $1.8million in cash end of September with no...
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