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How much of a buffer is built into the budget if market conditions don’t improve?
We have budgeted 12-months worth of G&A which takes us to April 2025 and there isn’t a lot of flexibility. Our summer program needs $300,000 this year from our flow-through…
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Will you be raising money this year?
Market dependent, we’re not forced to do another raise at the moment but will be doing a financing in the future for our next drill program.
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Is there a potential JV in the near term for efficiencies or is the key focus on drilling?
We do have some opportunities with our 100% owned Cross River property, Kenorland Minerals Ltd. is our neighbour – there may be some collaboration there. We are looking for a…
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How much is in the treasury and what is the overall budget look like?
Financially, Dryden has $1.7M in the bank and we’ve budgeted for 12 months of G&A and have funds to cover an expanded IR program and summer field program.
