"As financing allows we continue to remain focused on Hay Mountain, but the priority of the targets may change to an emphasis on a shallow drilling and development program."
This suggests, as has been mentioned elsewhere, that drilling with this plan may be arranged in such a way as to have the drill returns bottom in increasingly higher grades, thereby stimulating interest and investors - i.e., new partners - into funding such a change in plans as may bring about the initially planned phase 1 program.
...just an observation/opinion for further thought.
VP