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SYMBOL: OTCBB ICON
RECENT PRICE .115
SHARES OUT: 48.2 ml
SHARES FLOAT est. N/A
52 WK HIGH / LOW $1.70 / .04
* Planning to develop the known Ni-Cu
mineralization.
* 21 contiguous mining claims
* Highly experienced and successful technical management team
* World renowned geologist heading company
Iconet is a development company focused on high value, high margin mining prospects in the Timmins area (Northen Ontario, Canada). The company is led by a highly experienced and successful technical management team and is planning to develop the known Ni-Cu mineralization.
Timmins, city with a heart of gold!
Timmins was founded in 1912; The community was a "by-product" of the Porcupine Gold Rush. Situated 680 km north of Toronto, the camp attracted men and women eager to find their fortune and carve a name for themselves in "New Ontario". Starting in 1907, the area became home to dozens of prospectors who explored the areas around Porcupine Lake and the Frederick House River. A important event in the history of the camp was the decline of the gold mines in the fifties; until then, the community had been sheltered from the Great Depression and its effects on the economy. The discovery of base metals in the area in the sixties resurrected a dying industry; today, the city continues to prosper because of numerous additional gold deposits and these important zinc, copper, nickel, and silver finds.
Company Overview
Development company focused on high value, high margin mining prospects in the Timmins area
* Company interested in developing the known Ni-Cu mineralization
* Experienced and successful technical management team
The Company has acquired the option to buy 21 mining claims in The Porcupine Mining Division in the Northern Ontario, Canada. The Claims are in the Shaw Dome region in the Timmins, Canada area. This area has a history of producing major mining activity. We have started the exploration phase of the project and are looking forward to drilling this property to try and achieve greater shareholder value.
Nickel
Pyrrhotite
Summary
- Iconet is targeting a high margin resource
- World renowned geologist heading company
- The properties are accessible with well developed infrastructure.
- PGE potential of properties never properly evaluated in the past
- Contains 4 known Ni-Cu deposits and several anomalous zones of komatiite hosted high grade Ni-Cu sulphides.
- ICON:OTC is currently trading at the bottom of the recent trading range
Get more information on ICON:OTC from their website at: http://www.iconet.info/