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Gold/Mining/Energy : Idaho consolidated, IDO listed on V.S.E.

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To: Taff who wrote (43)4/26/1999 10:46:00 PM
From: G.T.  Read Replies (1) of 112
 
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Idaho adds the Picket Pin area to it's grab bag. This area was explored in the late 70's by Anaconda. They were looking for Ni but found low grade Ni but at the time low grade Pt & Pd eg 4g to 5g combined over widths of 10 ft to 50 ft in thickness. One has to remember in 1979 the price for Pt & Pd was well below todays price range. Anaconda dropped the property when they could not fine economic Ni values. In their drilling report they state the farther one drills to the north the higher the grade of Pt & Pd. Several Km along strike remain to be drilled to the north on this structure which IDO has picked up.
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