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

To: BigTex who wrote (3230)	10/7/1998 4:03:00 PM
From: EZ ED	Read Replies (1) \| Respond to of 5908

Nevada Mill Update October 7, 1998 03:58 PM VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 7, 1998-- Indocan Resources Inc. IDCN Plans for a JV operation of two ore crushing mills in Southern Nevada are moving forward. Day Mining Company of Southern Nevada is our JV partner. The JV is entering into an agreement to lease/purchase the mill equipment. We plan to be able to announce the final agreement in the coming days. One mill has a 500-tons per day capacity and the other mill can run 50-tons per day. The mills are located on site of the ore body and will produce a concentrate derived from non-cyanide type leaching process. The concentrate is shipped to Lovelock, Nevada (east of Reno on I-80) for further processing to extract the Gold, and other valuable minerals. Other JV operations are being considered with Day Mining Company, 8530 West Sahara Avenue, Ste. 160, Las Vegas, Nevada 89117 702/240-3004.