On the topic of the SPQ/FWR/KWG chromite and PGM , Neil was up at the site last week. He spotted the first drill hole location and the drill crew is ready to go. The start of drilling is pencilled in for February 15. Neil noted that there are "junior geos" at the site but that Dr. Lahti, the senior geologist, will be overseeing the drilling.

5000 meters is scheduled to be drilled by June with a July completion date. If something "big" is struck, more drilling can take place at these locations.

Regarding the "Diagnos" project, the preliminary geophysics has been done. Neil mentioned that he has identfied a couple of anomalies which look good. He has to put a proposal together to put in front of the JV partners.

Note 2: The drill platform from the chrome & PGM site would be used for this drilling unless of course something exciting was seen at the first site.

On the topic of McFaulds East & West, Jim Voisin of UC Resources is driving these projects. A meeting is scheduled to take place next week where Jim will pitch his ideas. Decisions will be made at that time with regards to moving forward on these projects.

Neil is in constant contact with all of the players at McFaulds, particularly with Noront . I think he is very happy with his role as VP of Noront. He has known Richard Nemis for a long time; he believes/trusts in him; and he understands that RN is the "deal maker" (his words).

He's in weekly contact with John Harvey who is the "big picture" guy (Neil's words). Neil, talking about himself, is the "details guy". He believes in project protocols. (i.e., he's no Robert Friedland).
Some final thoughts:

I asked Neil about the PDAC luncheon on March 6. He seems to think that it will have a strong emphasis on students. The presentation will be geared to telling the students about McFaulds and its geology. In fact, the First Nations people will have representation. Neil has done a fabulous job working with the First Nations. (His last presentation in Thunderbay to the Chiefs was scheduled to run 30 minutes. It ended up going 5 hours!)

So there you have it. I wish I could tell you about drill cores, visuals, assays, 43-101s, and the fabulous wealth that's on the horizon - but I can't. But thsere are viable SPQ projects with project timelines. And it's all part of the McFaulds Great Canadian Area Play.

Be patient and keep the faith.

Snug