Stratopod.............Do you find it puzzling that Chromite is left out of the above list as to

how the funds will/can be used.

Fossil, it has been stated by Noront a few times that they are going to mine eagles nest first and so this money I think will be used in part to continue to add tonnage and/or more understanding of the deposit. They did some in-fill drilling at Blackbird last year and added to tonnage significant enough to substantiate a viable deposit. But the cream is Eagles Nest and without it, the chromite wouldn't be mined any time soon and maybe by someone other than Noront.

So it's positive that the money is being spent where the best bag for the buck will be. However, personally I like to see Noront drill off some of the juicy anomalies sitting on their other claimlands, although the drilling would cost dearly and there's no guarantees of another Eagles Nest.

Best regards.

strato