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To: StocksDATsoar who wrote (23486)	1/31/2000 7:03:00 AM
From: myturn	Read Replies (1) \| Respond to of 150070

HCCAE, said in December, we would be having news sometime in January. Well, it looks like they lived up to their end of the bargain. Great news for HCCAE! I am glad I held onto my shares. Hexagon Contracts with Industry Expert, Will Use Proprietary Process To Escalate Production of Saleable Dore Bars RENO, Nev., Jan. 31 /PRNewswire/ -- Maurice Furlong, president and chief executive officer of Hexagon Consolidated Companies of America, Inc. (``HCCA') (OTC Bulletin Board: HCCAE - news), has announced today that the company has engaged the services of Registered Assayer Donald E. Jordan, PhD, to supervise the processing of HCCA's Peeples Mining Co. precious metals ore inventory into the saleable state (dore bars). Jordan, who has testified as an expert witness in his areas of specialization, has over 30 years' experience as an analytical chemist and assayer, including eight years with Phelps-Dodge Corporation and five years with Monsanto. He specializes in the separating and recovery of precious metals for the mining industry. Founder and chief analytical chemist of Metallurgical Research and Assay Laboratory (Henderson, Nev.), he is the author of numerous technical publications. Jordan has developed a proprietary process for the separation of iron from precious metals that accelerates the production of saleable dore bars and will oversee the application of this process to HCCA's precious metals inventory. According to Furlong, Peeples recently delivered some of its precious metals ore inventory to Jordan, and the company's first dore bar utilizing his accelerated process is in the final stage of processing. ``We are delighted to have been able to attract an individual of Dr. Jordan's caliber to the HCCA/Peeples mining project. He is an exceptional professional, whose process is expected to greatly reduce the time and expense involved in the production of saleable product,' said Furlong. Furlong indicated that continuous delivery of precious metals ore inventory to Jordan in accordance with a monthly timetable is designed to establish a constant cash flow for HCCA/Peeples. With the recent acquisition of additional equipment, HCCA/Peeples is able to provide higher concentrate ore inventory, which is also expected to lower production costs while producing higher value dore bars. This improved efficiency will allow HCCA/Peeples to increase its production threefold to approximately 6 tons of ore concentrate per hour. The company also announced that on Friday, January 28, 2000, HCCA electronically filed its response to comments of the Securities and Exchange Commission (SEC). ``We are reasonably confident that our response adequately addresses the SEC's comments,' said Michael Pietrzak, the company's executive vice president and general counsel. Hexagon Consolidated Companies of America, Inc. is a company with interests in mining, health care, music publishing and real estate. NOTE: This news release contains statements that may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are inherently uncertain, and the company's actual results may differ from management's expectations. Further information on potential factors that could affect the financial condition and results of operations of the company are included in the filings of the company with the Securities and Exchange Commission. SOURCE: Hexagon Consolidated Companies of America, Inc. More Quotes and News: HEXAGON CONS (OTC BB:HCCAE.OB - news)