I can't see much in here that we don't know already. Drilling...

I can't see much in here that we don't know already. Drilling permit expected any day now.

Cash and cash equivalents at end of period: $1,201K  

"following a site inspection by the state environmental authority, IPAAN, which was scheduled for late June, BBX anticipated that the environmental licences required for drilling would be issued within 3-4 weeks.

A combined reconnaissance RC and diamond drilling programme will then be initiated at both Três Estados and Ema. The programme of 1500 to 2000m comprising dominantly 40-50m holes and occasional deeper holes is designed to test both gold-in-soil anomalies and areas of known garimpeiro activity."