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Microcap & Penny Stocks : KLCI - formerly APPV (Apple Ventures)

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To: ajs who wrote (275)5/21/1998 12:47:00 AM
From: ajs  Read Replies (1) of 304
 
Kelcord International Confirmatory Testing Completed

BOHEMIA, N.Y., May 20 /PRNewswire/ -- Kelcord International, Inc. (OTC Bulletin Board: KLCI - news), announced today the finalization of a series of assays performed over several months in conjunction with the Waste Management Technology Division of Science Applications International Corporation (SAIC) located in Idaho. This assay series has confirmed processed yields in excess of six (6) troy ounces each of gold, platinum and silver per unconcentrated ton of Kelcord's head ore which, when coupled with other known mineral concentrations, will yield in excess of $16,000.00 revenue per unconcentrated ton of processed and refined head ore.

''These finalized results represented our last obstacle in preparation for processing,'' said David McHam, Kelcord President, ''We now have the last details necessary to finalize our processing agreements with SAIC and begin commercial processing activity prior to the end of June, 1998 in Idaho.''

Initial processing capacity will approximate 1.5 tons of unconcentrated head ore per day which will be expanded as head ore concentration testing is finalized.

SOURCE: Kelcord International, Inc.

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