SOLG-NEW DISCOVERY-S.Ecuador, page-61

more than likely existing funds to progress cascabel/alpha , this new raising for other exploration including the other targets around alpha as well as the new targets in southern equador ???
previous announcement said without using the existing holes at alpha (deviation from parent holes method) each hole would be costing 500k
with 10-12 rigs on site alpha getting closer to a defined resource /feasibility study but won't be cheap in the mean time paying those bills
in the scheme of things on a per tonne basis it's quiet low figures considering the resource is already pushing 1 billion tonnes , alpha N/W already added another 20% to the resource and they are still excited about the new holes further to the N/W again , i'ld suspect some highly mineralised core coming in that will be in the next release