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: Smith opened up the wallet. New fnc website in the works.

A while ago i did sent Mr. Smithan e-mail. This is the answer i received recently. It's not a comprehensive answer...but better getting a reply than no reply at all...!!

 

My apologies for not replying sooner; the Company has a number of projects underway on wholly owned properties in the industrial mineral, base metal, and gold sectors and results will be announced as they received in the coming months.

Similary, discussions withpotential industry partners are ongoing with respect to the Company controlled proprietary Magpie Process and it's potential commercialization through construction of a demonstration plant. The Company is also awaiting a decision for a substantial grant toward this end by the Canadian government, expected shortly.

Thank you for your immeasurable patience and forbearance.

Regards,

Peter H. Smith

 

 

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