My notes from the PDAC cocktail reception indicate that they had ~ 900K cash available (500K in the bank and 400K expected from the province of Quebec). My notes also indicate that they will need around $ 4 million for their drill program ($3 million of that to be used for comprehensive exploration of Bellechasse/Timmins). Presumably the other $1 million will be used for Geochem and drilling/trenshing in other GNH area targets. I also have learned that discussions are ongoing to close a financing deal for the remaining funds after which time the NR for comprehensive drill program plan will be released.

Best,

Scott