ASHTON MINING OF CANADA (ACA) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rick W. who wrote (3853)	2/10/1998 10:49:00 AM
From: junnie	Read Replies (1) of 7966

The following excerpt was published in The Edmonton Sun, Edmonton, Alberta, on Tuesday, February 10th. "DIAMOND SEARCH EXPANDED Three partners looking for diamonds in the Buffalo Hills region of northern Alberta yesterday announced they have doubled their exploration budget for this year to $10 million. Wayne Hillier, vice-president of exploration for Vancouver-based Ashton Mining of Canada Inc., said yesterday exploration is being ramped up after "very promising" results were uncovered in 1987, when about $5 million was spent. "There's still a lot more work to be done to determine whether there's any commercial viability in any of the pipes that we've discovered to date," Hillier said yesterday. "But we believe the results are encouraging enough to warrant increasing the expenditure levels." The 1998 exploration budget also includes money to buy a 10-tonne-per-hour testing facility from South Africa, which could cost up to $4 million, said Hillier."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next