Re: Email -- CIA

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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From_Sudbury

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Re: Email -- CIA

in response to

John17

posted on Nov 01, 2020 10:19PM

We know FNC holds shares of CIA

At one time, the property optioned to CIA from FNC was their flagship property....and I believe is in the vicinity of Bloom Lake. I think also, that there is a royalty on this property still?

Meanwhile, CIA looking to double production....final decision to be made soon

Also....recent news from CIA....issuing 4.2 million shares for an asset purchase...I don't see any identification of what this asset purchase may be.....deal to be closed mid Nov.

At the same time, we are told we will get investor information from FNC leaders....around mid Nov.

Is it possible that asset is something FNC holds? Maybe a net royalty....or another iron ore property like Lamelee?