ASHTON MINING OF CANADA (ACA) Message Board

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

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To: JKNF who wrote (2137)	9/13/1997 10:55:00 PM
From: Jesse	of 7966

Let's Review the latest ACA/PUG PressRelease (Sept.11/97): "...The results are from pipes K-1A, K1B and K19 in the southwest cluster and pipes K14B and K14C adjacent to pipe K14 drilled last winter. In summary the results are: Kimberlite Interval Sample Number of Stones & Hole No. Laboratory (metres) Weight less greater (kg) than than 0.5 mm 0.5 mm K1A-1 AML 39.8- 46.9 44.8 0 0 K1A-2 AML 131.4-137.7 43.8 0 0 K1B-1 AML 32.4- 40.8 46.7 1 0 K1B-2 AML 31.6- 39.3 45.0 0 2 K14B AML surface pit 42.0 16 0 K14C-1 AMC 10.0- 30.0 43.4 328 93 K19-1 AML 90.0- 98.7 51.3 0 0 Microdiamonds are stones with a maximum dimension of less than 0.5 mm and greater than 0.1 mm. AMC - Ashton Mining of Canada Inc. - North Vancouver, B.C., Canada AML - Ashton Mining Limited - Perth, Australia Pipe K14C is represented by a magnetic anomaly 300 metres northeast of the centre of pipe K14 and 250 metres east of pipe K14B. Further drilling will be required to determine the spatial relationships of these kimberlites. Pipe K14C was found by a vertical rotary percussion drill hole reported earlier which penetrated 10 metres of glacial overburden and was abandoned at 30 metres because of water inflows.* Most of the macrodiamonds in the sample are broken stones probably resulting from fracturing of larger diamonds during the drilling process. The largest two stones have maximum dimensions of 2.60 and 2.55 millimetres and weigh 0.0615 and 0.0405 carats respectively. The broken stones are generally clear whereas the two largest stones have inclusions and are slightly off-colour. This first result from pipe K14C is very encouraging and will lead to further investigation. Larger samples will be required to evaluate the quality of stones, the grade and any resulting commercial potential."* - - - - - - - - - As marked above by asterisks (): 98 macros in just 30m. of drilling Evidently a strong hint here of the true potential #'s of macros, including their gem quality I don't believe conservative Ashton would not mention the word commercial* unless they were serious ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ Take what you will from this info . . . :>

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