UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  -------------

                                    FORM 8-K


                                 CURRENT REPORT
     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported)        October 29, 2003
                                                 -------------------------------


                               IKONICS CORPORATION
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             (Exact name of registrant as specified in its charter)


          MINNESOTA                     000-25727                41-0730027
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(State or other jurisdiction    (Commission File Number)       (IRS Employer
      of incorporation)                                     Identification No.)




                 4832 GRAND AVENUE
                 DULUTH, MINNESOTA                              55807
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      (Address of principal executive offices)                (Zip Code)



Registrant's telephone number, including area code  (218) 628-2217
                                                   -----------------------------

Item 7.    Financial Statements and Exhibits.

         (c)      Exhibits

         99       Press Release dated October 29, 2003

Item 12.   Results of Operations and Financial Condition.

         On October 29, 2003, IKONICS Corporation (the "Company") reported its
financial results for the quarter and nine months ended September 30, 2003. See
the Company's press release dated October 29, 2003, which is furnished as
Exhibit 99 hereto and incorporated by reference in this Item 12.




















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                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                         IKONICS CORPORATION


Date:  November 4, 2003                  /s/ Jon Gerlach
                                         ---------------------------------
                                             Jon Gerlach
                                             Chief Financial Officer
                                             and Vice President of Finance
















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                                  EXHIBIT INDEX

                                                                    Method
 Exhibit                                Description                of Filing
 -------                                -----------                ---------
                                                               Filed
 99            Press Release dated October 29, 2003 .......... Electronically