I did not ask that question (how deep will they drill) but all they want to do is get into the mineralized zone and get it assayed. They are certain of the location and the angle needed to hit it. It is not far from where their previous drilling ended. I believe most previous holes were 200-300M.
They have instructed the drill crew not to push the drill as they do not want to wander off line.
Yes this is clearly a chance to hit a home run with the bases loaded. There is enough evidence that indicates that the probability of success is good enough to make it worthwhile taking a shot.
If this drill program is successful they will raise significant capital at a much higher SP.
What I like about it is that even if it turns out to be iron (which I doubt) they have other good properties at Red Lake and Confederation Lake with proven mineralization that I will always get my investment back.
Check out the other propertys on their website.
SN