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Microcap & Penny Stocks : JABI..... J.A.B. International -- Ignore unavailable to you. Want to Upgrade?


To: TsioKawe who wrote (3)9/7/1999 5:52:00 PM
From: TsioKawe  Read Replies (1) | Respond to of 5
 
Geological and engineering reports...



In order to establish if an area is suitable for a mining operation certain studies and reports have been completed. This is to confirm the proposed site has a significant enough presence of minerals to substantiate the cost of extraction.

JAB has spent years studying the Central African properties and its potential as a viable mining venture. The data that we have gathered so far has shown us that our area will produce in excess of 0.23 carats of diamonds per cubic meter and 0.2 grams of gold as well.

For this venture we will be retaining the services of the best geologists and engineers to produce the necessary geological and feasibility studies to substantiate our claims.

A.C.A. Howe International has prepared the initial geological report for the CAR and will be commencing a more intensive program starting ion the spring of 1999 on all three properties.

Kilborn Inc., an environmental & mining engineering firm out of Toronto, Canada will be completing the engineering and feasibility study for the projects the work starts in earl summer 1999.

The big 6 accounting firm of Deloitte & Touche LLP, has been engaged to complete an audit of JAB and to produce all the financial reports and evaluations of the mining project. Their work will get under way also in the spring of 1999.

Geoterrex-Dighem has been retained to complete a high-resolution airborne magnetic and geophysical survey. This study will show us the exact location of the kimberlite pipes in the area.

All of these companies mentioned are the best in their respective fields. JAB has spared no expense improving up the mineral resources of this project and will continue this process by only working with the very best mining consultants in the business to ensure the success of this project.