"Second, the results and collating of the information gathered by the geological and engineering teams will be the basis for completing and submitting of the Canadian National Instrument 43-101 (NI-43-101) declaration and application for a listing on the Toronto Stock Exchange."
Very good that they are preparing for the NI report, and they have given themselves a realistic timeline to complete one (about 18 months). This will be among the more important documents this company will possess in proving the worth of the resources.