ASHTON MINING OF CANADA (ACA) Message Board

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

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To: Famularo who wrote (7478)	2/16/2000 10:51:00 PM
From: Famularo	of 7966

oops I never submitted the NR... Paramount winter drilling starts at Roundrock Paramount Ventures & Finance Inc PVF Shares issued 27,591,374 Feb 16 close $0.90 Wed 16 Feb 2000 News Release Mr. Paul Conroy reports Ashton Mining of Canada Inc., the project operator reports that a winter program of geophysics and drilling has commenced on the Roundrock property in the Northwest Territories. Ground geophysics consisting of magnetic and electromagnetic surveys will be conducted on previously identified anomalies with drilling on high priority targets to follow in March. The 19,400-hectare Roundrock property is located approximately 130 kilometres west of the Ekati mine. The diamondiferous Aquila kimberlite was discovered on the property in 1996. Many unexplained indicator mineral anomalies are present, some with coincident airborne geophysical anomalies. Four large areas are scheduled for ground geophysical surveys. Paramount has an 8.29-per-cent interest in the Roundrock property which is operated by Ashton under the direction of Brooke Clements, professional geologist, who is Ashton's vice-president of exploration.

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