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

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To: Dev who wrote (2748)11/1/1997 11:14:00 AM
From: Famularo  Read Replies (2) of 7966
 
ASHTON DRILLING RESULTS HINT AT DIAMONDS is in bolded letters in Saturday's edition of the Financial Post. If interested, it is on page 8.

The article goes on to say, Ashton Mining of Canada Inc. released drilling results Friday that confirm "an extensive thick apron" of kimberlite. Also mention about the new kimberlite and says that preliminary results indicate "one large, irregular and complex body with dimensions of about 400 metres by 400 metres, about twice the size of earlier estimates. Detailed results of the 10 new drill holes are expected to be released in early December.

Actually, the release mentioned about ten core drill holes were completed on K14B and K14C for purposes of delineation and mini-bulk sampling. Probably these are the ones that could be classified as K14D,E,F,G,H,ETC..

Looks like a good article and should attract some attention on Monday.
Based on the TWO releases on Friday and Post's exposure on Saturday, I see no reason to beleive that Monday should be a good day for Ashton if the market behaves.

Anyone else have comments about the releases?
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