Re: NOT drilled into FNC in 2008- Just a sniff

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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cappysmart

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Re: NOT drilled into FNC in 2008- Just a sniff

in response to

NOT drilled into FNC in 2008- Just a sniff

cappysmart

posted on Feb 07, 2012 12:34PM

Unfortunately the hole was stopped by Noront for technical reasons.

Technical reasons? Yes,"technically" you're drilling someone elses claims.

I always wondered why Smith was so slow to throw a huge pile of money into exploration at McFaulds when it seemed 3 years ago that this area was the hot play but in hindsight,considering the "snails pace" at which any development here proceeds and considering the enormous expense of exploring a region so remote he was wise to set it on the back burner and move the other properties along.McFaulds will still be there in several years when infrastructure begins to approach our borders and more is known about the geology of the deposits.I could be wrong but I think McFaulds is one of our "Aces" in the hole.JMO.