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

To: Harry_Behemoth who wrote (5347)	2/28/1999 2:07:00 PM
From: Harry_Behemoth	Respond to of 5908

While we wait for IDCN's gold reserves to get some attention, here's a bit of history on IDCN's garnet property from the web page. Looks like it won't take too much effort to get it going. I think just the garnet reserve justifies a higher share price than current levels. HISTORY Work was performed intermittently for a number of years during World War II. The Niagara Garnet Company operated the deposit from 1943 to 1949. By 1949, camps had been erected and equipped with compressor drills, a crusher elevator and a picking table. A mill was erected at Sturgeon Falls. The Niagara Garnet Company sank an 18-foot deep and 75-foot long pit. The Industrial Garnet Company mined the deposit in 1950. Cubar Uranium Mines Limited acquired the property and performed overburden stripping, cleaning, test sampling of the deposit, and also did some market investigation of the product. In 1969, the Rivale Mining Company acquired the property from the successor to Industrial Garnet. Rivale explored the property by bulldozing off the overburden and then cleaning the bedrock surface with a high-pressure fire hose. Some 1,000 square feet of garnetiferous bedrock was exposed and cleaned off. Rivale was in the process of preparing the site for mining operations. Their operations were halted due to Indian Land Claims. The area was enclosed within the Temagami Native Land Claim area that opened during September 1996 after being closed during a 23-year land freeze. The land freeze prevented mining exploration or development in a 617,500-hectare area between Sudbury and North Bay. The company acquired the property by staking them when the caution was lifted and the land reopened to staking.