SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Valuepro who wrote (7757)10/24/2001 5:37:04 PM
From: Martin Wormser  Read Replies (1) of 7966
 
POTENTILLA KIMBERLITE SAMPLE YIELDS
SIGNFICANT DIAMOND RESULTS

Robert T. Boyd, President and CEO of Ashton Mining of Canada Inc. (“Ashton”) is pleased to report diamond results for the Potentilla kimberlite. As announced September 7, 2001, Potentilla was discovered on the Kikerk Lake property in the north Slave craton region of Nunavut.

Drilling at Potentilla identified two different facies within the kimberlite pipe: an upper diatreme facies underlain by a hypabyssal facies. Samples of both materials were processed by caustic dissolution at Ashton’s North Vancouver laboratory. The following numbers of diamonds were recovered:

Kimberlite
Facies
Sample Weight
(kg)
Number of Diamonds

micro (0.1-0.5mm)
macro
(>0.5 mm one dimension)

Diatreme
129.1
160
15 (Note 1)

Hypabyssal 78.7 70 7 (Note 2)
Total
207.8
230
22

Notes
1. Seven of the macrodiamonds from this sample measure greater than 0.5 mm in two dimensions with the three largest stones measuring 2.13 x 1.94 x 0.87 mm, 1.37 x 0.99 x 0.87 mm and 1.12 x 0.90 x 0.40 mm.
2. Three of the macrodiamonds from this sample measure greater than 0.5 mm in two dimensions with the largest stone measuring 0.80 x 0.52 x 0.39 mm.

As indicated in the September 7 news release, Ashton’s drilling program also tested a one kilometre long linear structure in the vicinity of the Potentilla kimberlite. The objective of the drilling was to identify the source of an indicator mineral dispersion fan containing a significant number of G10 pyrope garnets. Two inclined holes drilled from the same location approximately 500 metres northeast of Potentilla intersected brecciated host rock containing kimberlite dykes measuring 45 cm and 15 cm respectively and abundant thin stringers of kimberlite. Initial analysis suggests that the kimberlite intersections may not be the source of the indicator mineral dispersion fan.

The diamond results from Potentilla are the best obtained from the nine kimberlites discovered by Ashton in Nunavut and the Northwest Territories thus far. These results and the presence of well-defined indicator mineral trains clearly indicate the need for further evaluation of Potentilla and continued exploration on the Kikerk Lake property.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News