ASHTON MINING OF CANADA (ACA) Message Board

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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)

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To: Jimsy who wrote (3309)	1/3/1998 5:28:00 PM
From: John Fairchild	of 7966

Jimsy, according to the the Fagan Report shares issued on Blackrun as of Oct 24 are 5.1 million and 7.4 million fully diluted. The directory at www.albertadiamonds.com agree with this numbers. On Dec 30 BKV reached agreement with Canaccord for 1 million special warrants with each consisting of 1 share plus one half warrant. Each full warrant worth one share. So in short add 1.5 million to the 5.1 million already out. I wish stockwatch would keep their facts up to date on the company overview. ACA - From their last NR dated Oct 18. "Aeromagnetic surveys are underway over large blocks of mineral permits held by the joint venturers to the north and east of the original option block. Interpretation of detailed aeromagnetic surveys flown earlier this year over the option block has defined a number of priority targets which may reflect kimberlite pipes." Does anyone know whether they plan to drill this area next if high priority targets are defined? John

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