Oceanic Iron Ore Corp FEOVF

Exploration spending?

[helpline88]

Checking the financial statements to Sept 30/24 I see there is an exploration expense of $143,161 for mapping and imagery. This is new and has happend only in the quarter July to Sept/24. Typically the only exporation expenses we see are permitting and some other small items. So it looks like they are getting some information they will need to go forward. A small sign of progress.

[Drillheaded]

Well spotted. It does make you think.

[Jovica]

I thought the other entity a decade ago already spent ton of money thoroughly explored the properties before Steven Dean took over all iron ore assets.