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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?

To: Jeff who wrote (3079)	10/2/1998 9:44:00 AM
From: EZ ED	Respond to of 5908

Indocan Resources Inc. - DanaTownship Claim Awarded by Tribunal October 2, 1998 08:59 AM VANCOUVER, BC--(BUSINESS WIRE)--Oct. 2, 1998--Indocan Resources Inc. IDCN The company's third and disputed claim at the Garnet Property in Dana Township near River Valley, Ontario has been awarded to Prodigy Resources in an action under the Mining Act, by the Mining Recorder on September 28, 1998: 1) The Tribunal Orders that the dispute filed by Douglas Boddy on November 18, 1996 is hereby allowed; 2) This Tribunal further Orders that mining claim S.1195130 is hereby canceled as of this date; 3) The Tribunal further Orders that the mining claim 1076849, taken as filed only F.O. 1948 is hereby recorded as of this date. The decision in our favor effectively triples the company reserves of Garnet to a figure in excess of 10 million tons produceable aggregate above the water line. An unknown quantity of open-pitable garnet lies below the water line and can be produced along with the aggregate that comprises the bluff rising through the property. The aggregate runs an average of 20% or more Garnet and in many cases exceeds 25%, with mica and quartz comprising the other components. The company plans to market the mica and quartz along with the garnet. Prodigy Resources is a wholly owned division of the company.