Just spoke to Debra at FNC

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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Just spoke to Debra at FNC

posted on Aug 25, 2008 12:39PM

I thanked her for returning my call last week and giving the brief drilling update.Now,she says that they are still anticipating a phase 1 total of 1500 meters and that will be 4 holes.She also doubts that this phase will be completed next week as it will take longer.There was no mention of mechanical problems altho I didn't ask.She said that there will NOT be any NR from Peter until the program was completed and he has had time to go over all of the material and compile his report.GLTA.