Mornin' Folks! - Yet a new way to report results--- you sure do need to read Ashton's releases carefully. -- Hole K91-1 is NOW reported to have shown 136ct/100t (remarkable), from results released back in Dec. I'm assuming that is still using a 0.5mm cutoff (from a 210kg, one hole sample). The next four K91 holes (newly reported on today) show an average of 35.4ct/100t (quite good) from a total weight of .85t (or 850kg), using a 0.8mm cutoff. For a first sampling, using a 0.8mm cutoff is less than representative of potential. I am certain that if the standard 0.5mm cutoff were used, we would have seen significantly higher numbers in today's results.
Ashton has taken the pre-emptive step in omitting this data from their report from a first stage drill program. I am pleased with their confidence (as a higher cutoff is generally used further along), but I do wish they would include such info as this, including also depths, for their shareholders to study and understand for themselves. Again, this strict, even premature, 0.8mm cutoff does indicate Ashton's seriousness about this kimberlite. The K91 "mini-bulk" can be expected to be large.
Re. K6 --I do wish Ashton would supply us some real indications as to estimated VALUE/CARAT (please, for other pipes as well). As George discussed earlier, a few high value stones can make a deposit economical.
The bulk sampling of K14 is a go, as anticipated. Ashton is mobilizing drills in the next few days. I assume they will be immediately drilling some of the 15 new targets in this program. I have little doubt in my mind they will make some more extraordinary discoveries & announcements.
A ten million dollar program -- We mean business! ;)
Cheers,
-j
:>
ps-- It'd be nice to know the drill and sample depths, angles, and details on drill terminations. |
