There are no drill results out yet. The core is just starting to be logged and assays wont be out for some time.

Raising additional money of this magnitude right now when they already have a good treasury points to the Carscallen Gold Property being subjected to a major drilling program over and above the already 4000 meters just recently commenced.

Keep in mind that the recent Nebu Resources returns are directly linked to the Melkior property programs on a geological structural level and both properties are going to be drilled almost continuously over the coming winters months.

$3,000,000 will permit over 42,000 meters of drilling to be performed outside of the logging and assaying costs which will find something in a hurry if something is there to be found.

This stock has the ability to reach triple digits by spring.....