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: Very significant, don't you agree?

Here is a quote from today's news release which seems quite important to me.

'Indeed, ground magnetics in the area suggest that the isolated Eagle 1 structure itself could be a left lateral offset of the C-1 target, a displacement of about 350 metres. This model is potentially a useful exploration tool because it implies a very much closer connection between Eagle 1 and C-1. Eagle I lies in the lower portion of an intrusive ultrabasic conduit (its present western side) and the same geometry could apply to C-1. At present little is known of this sector of the C-1 intrusion, "potentially the most important segment of the C-1 conduit itself" in the words of the Company's consultant John D. Harvey, P.Eng. In this interpretation, the eastern side of C-1, which has received most attention to date, represents the perhaps less prospective upper portion of the conduit with the high grade intersections possibly representing remobilized mineralization from an as yet unknown source.'

To repeat --

'The Eagle 1 structure itself could be a left lateral offset of the C-1 target.'

Now, as I understand it, if this is the case, the same mineralisation as E1 is present on FNC claims. The grades may differ, but likely the volume is bigger.

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