INDUSTRIAL MINERALS PRODUCTION NEWS Hedman Boosts Vermiculite Holdings

NORTH BAY, Ontario Toronto-based HEDMAN RESOURCES hopes to sell 4,000 tons of horticultural-grade vermiculite to PERLITE CANADA. The two have signed a letter of intent covering production from Butler Township deposits, where Hedman recently agreed to buy-out its joint venture partner. The potential product sale is dependent on Hedman's successful completion of the buy-out.

Details of Hedman's environmentally-friendly, asbestos-free heat- and abrasion-resistant products are available at www.hedmanresources.com.