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: Question re Advisory Board

One of the Questions today has to be; Why has Smith established an 'Advisory Board'? Stockgreed, if your message re granite under E-1 is correct FNC must have known this before naming Harvey and Thompson to an Advisory Board. The mention of granite under E-1 doesn't rule out finding substantial sulphides on top of basement rocks. If I recall there was granitediorite on the east side of Eagle 1 while further east at C-6 FNC cut several hundred m of ultramafics. Who knows what lies under the swamp.

In addition, a second question if I might; Why contract an Investes Relations firm 2 weeks ago. What happened in the past several weeks that requires FNC suddenly to hire a IR company and establish an Advisory Board on which we have very senior and notable geoscientists? It is possible that both questions have little to do with McFaulds but I doubt this as May 19 FNC announced that the drill program was 35% complete and the drills would be back to continue on June 8 with fresh crews and downhole geophysics to guide drilling.

I guess lots can happen in a short time frame but the sequence of events has me asking questions. We shall hopefully see, not selling until the picture clears.

MH

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