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.
Message: Chromite Trend
Below was the one posted on April 13, 2010. FNC conducted shallow drilling as opposed to expectation. Certainly the Chromite band crosses the FNC land from north east (C-3 C-4) to south west (C-1). In my opinion, Chromite resource would appear near the surface in C-3 & C-4 areas (Continuation of Big Daddy), IMO.
Three Maps
posted on Apr 13, 10 10:54PM
The following three maps depict valuable, unexplored property that FNC holds on the Ring of Fire. I believe the drilling on the way started C-1 area and then C-5/C-6 areas. Due to diligent exploring activites by neighbour companies, NI/Cu and Chromite trends were proven to end at the FNC border. FNC will hopefully show us the trend does continue across its property from upcoming drilling results. By the end of this week, insider will hold visual results from C-1 drilling. Chromite is typically found in high percentage of Cr2O3. IMO, FNC will eventually become an acquisition target from either Noront or Cliff resources. I bet insiders are also participants in PP announced today. Peter wants to have more shares in addition to 100K @.50 and 25K warrants @.75 granted in Nov-Dec, 2009.
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