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

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To: Montello Resources Ltd. who wrote (95)2/4/1997 10:59:00 PM
From: Jimsy   of 7966
 
Ashton's fast progress - To set up and drill on the last 3 different targets, and drill through 22ft of overburden on anomaly 14, 210ft on anomaly 7A, 44 ft on anomaly 6-1, and to a depth of 656ft in kimberlite in each target is a pretty down-to-business, lets get at it accomplishment in about a week.

Also finding kimberlite in 5 out of 5 targets would indicate that there was something special about either the airborne geophysics or the target signatures that could advance this project very quickly in terms of sampling a great number of targets in a short period of time.

Todays press release gives an indication that Ashton and Pure Gold are already considering an expansion of the program. This could be taken as an inference of promising findings.

Whether or not gold continues to try to find a direction, it appears that the prospect of diamonds from the foothills of Alberta will gain in excitement.
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