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Gold/Mining/Energy : Montello Resources

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To: Rob Hirtz who wrote (1316)1/12/1998 4:31:00 PM
From: Jesse  Read Replies (1) of 4256
 
Hi Rob-- if I may jump in here (please don't let me hinder anyone else from responding to the same inquiry; I too would like to hear from others). In Nov., I posted to this thread Ashton's initial "Chain of Discovery" for comparison (around post #1133), in anticipation of the drilling back then! Well, looks like we're finally there, 'course I await MEO's NR that they ARE drilling. Anyway, I'll repost that info, in a brief fashion (see #1133 for more detail from ACA, for educational purposes):
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Ashton chain of discoveries at Buffalo Hills:
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Thursday Jan 16 1997
Also Pure Gold Resources Inc (PUG)
Mr John Auston of Ashton Mining reports
The drilling of targets in north-central Alberta has commenced. The initial program is scheduled to test ten isolated geophysical anomalies which have characteristics identical to those associated with kimberlite style volcanism.
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Monday Jan 27 1997
Mr John Auston reports
The first two holes in a program of drilling in north-central Alberta have intersected kimberlitic rocks.
These drill holes on two separate geophysical anomalies are the first in an initial program designed to test 10 anomalies, all of which display the characteristics of kimberlite-style volcanism.
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Tuesday Feb 4 1997
See Pure Gold Resources Inc (PUG) News Release
Mr Donald Sheldon and Mr John Auston report
Three additional holes in the drill program in north-central Alberta have intersected kimberlitic rocks.
The three most recent holes were drilled on separate geophysical anomalies on the Buffalo Hills property in a drill program which to date has identified five kimberlitic bodies.
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Friday Feb 14 1997
Mr John Auston reports
Five further drill holes on the company's drill program in Alberta have intersected kimberlites. The five recent holes were drilled on two new kimberlite pipes, bringing to seven the number of pipes found so far within an area of 100 sq km.... Indicator minerals such as chromite, eclogitic pyrope garnets and peridotitic pyrope garnets have been positively identified in core samples.
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Tuesday Mar 4 1997
Also Pure Gold Resources Inc (PUG)
Mr John Auston reports
An additional four kimberlites have been discovered on the Buffalo Hills property
in Alberta, bringing to 11 the total number of pipes found by Ashton in its winter drilling program. All 11 kimberlites are interpreted to represent separate pipes... A complete set of petrological and analytical results from all kimberlites recently drilled is not anticipated for several months.
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APRIL 25, 1997
Ashton Finds Diamonds in Alberta Kimberlites

VANCOUVER, BRITISH COLUMBIA--John S. Auston, President and CEO of Ashton Mining of Canada Inc. is pleased to report that the first analytical results from the Buffalo Hills kimberlites to date indicate generally favourable mantle chemistry for diamonds and preliminary results of caustic dissolution analyses show that one of the three pipes tested so far has a significant content of micro- diamonds and macro-diamonds....

The first micro-diamond analyses of kimberlites K2, K4 and K14 have recently been received from Ashton Mining Limited's laboratory in Perth, Australia. Results confirm that each of these pipes is diamondiferous. Kimberlites K2 and K4 returned very low diamond counts while kimberlite K14 returned significant numbers of both micro-diamonds and macro-diamonds. The results from K14 have been confirmed by analysis at Ashton's own laboratories in North Vancouver, using the recently expanded micro-diamond processing facility.
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Hope this helps,
-j
:>

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