Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Still wait and see
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Still wait and see

posted on Apr 02, 2008 11:12AM

FNC is down a bit since Noront's news release contained only visuals with no assays and it appears the target tested near border with FNC has mineralization deeper than thought. Indication is that Noront will do down hole geophysics and probably drill deeper to find mineralization.

So since FNC doesn't seem to be in a hurry to drill we have to wait for Noront's assays and report on deeper drilling. Still looks attractive but not the news everyone had hoped for. 

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