I was just browsing through this again and it looks like they can go as far as the air borne geo before they have to finance. If they stay with this agenda. Heh drilling is way down the road.
The following Phase 1 & 2 exploration, evaluation, environmental and socio-economic
programs and budgets are proposed for the next 3 years on the Nahmint property:
Table 6 – Proposed Phase 1 & 2 Work Programs and Budget Summary
Phase/Item Description Units/Timing Unit Cost Item Cost
Phase 1
- New Discoveries Follow up Stream Moss Mats 0.5 months - year 1 $25,000/month 12,500
Prospecting/Rock Sampling 0.5 months - year 1 $25,000/month 12,500
Geological Mapping 1 month – year 1 $25,000/month 25,000
GIS Data Compilation 2 months - year 1 $5,000/month 10,000
Airborne Geophysics 500 line-km - year 1 $180/line-km 90,000
Phase 1
- Known Targets Access Road Designs 1 month - year 1 $25,000/month 25,000
Permits, Bonds 3 months – year 1 $25,000 est. 25,000
Access Roads to 2 Targets 2.5 km - year 1 $50,000/km 125,000
Surface Trenching 4 Targets 2 months - year 1 $25,000/month 50,000
Surface Drilling 2 Targets 1,000 m. – year 1 $250/m. 250,000
Phase 1 Subtotal Year 1 625,000
