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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)
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To: violetta martinez who wrote (3838)2/9/1998 6:11:00 PM
From: John Fairchild  Read Replies (2) of 7966
 
I think todays selling was a result of Kaisers flip flop on K6 (following the last release). Lots of people were looking at the minibulk results on this and this alone IMO.

Now onto K91. I am still unsure of how these results were intended to be read (or was the answer given and I missed it?).

Results from analysis by dense media separation of
core from the four holes (0.85 tonne) display a high degree of
variability between holes. The best results were obtained from
hole K-91-1, where 0.287 carat was recovered from a sample of 0.21
tonne, for an indicated content of 136 carats per 100 tonnes. The
average indicated diamond content in material taken from the four
holes is 35 carats per 100 tones. Although these results are
derived from very small samples, they confirm the presence of a
population of larger stones and point to the need for collection
of a larger sample.

The table quotes an indication of 35.4 carats per 100 tonnes for stones greater than .8 mm for the 850 kg sample. Does this also mean that the 210 kg sample (best results) indication of 136 carats per 100 tonnes is also based on .8 mm macro cut off?

They should have been clear on these and many other points. I guess we will know the details better once the analyst have time to extract the information and present it in a user friendly format.

John

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