In the recent Northern Miner:
Ashton
Ashton Mining of Canada (ACA-T) conducted heavy mineral sampling programs during the summer on the Star, Ric, Roc, Bel and Con properties in the Northwestern Territories and Nunavut. The company holds interests in some 2,200 sq. km of ground in the Slave Regional, Lupin and CR-LL joint ventures. On the 56%-held Star property, 180 km southwest of Ekati, sampling further defined a mineral indicator train originating from the junction of three lakes. A ground geophysical survey will be conducted this winter, with drilling to follow. Pure Gold Minerals (PUG-T) holds a 24% stake in the property and Tenajon Resources (TJS-V) owns 20%.
Field investigations of anomalous 1998 sample results on the Ric property, 250 km northwest of Ekati in Nunavut, led to the discovery of a kimberlite named Hydra. The body outcrops on a lake shore and is believed to extend under the lake. If a recent airborne survey identifies magnetic targets, or the results of micro tests are favourable, a drilling program will be conducted this winter. Ashton holds a 81.8% interest in Ric, with the remainder held by Pure Gold. |