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: News

I am not sure why the NR did not include the starting depth of the iron mineralization. I realize that it states "just below carbonate cover rocks" and that one could possibly determine the depth by using the thickness of that carbonate layer as possibly previously stated in prior news releases (I thought I recall, from prior NRs or simply by reading this board that the layer was 200 to 300metres thick). To me the omission makes the NR somehow less credible, if they had that info available and did not state it in the NR. Not that I want our SP to drop or anything. I realize that many were hoping for a nickel hit, and also suppose that no further work is planned on the property; otherwise the NR would have stated future objectives non?. I suppose the NR will have a neutral effect on our SP.

Cheers, luker

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