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

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To: Famularo who wrote (4893)4/29/1998 9:29:00 AM
From: Jesse  Read Replies (1) of 7966
 
Recent ACA kimberlite descriptions (NR excerpts):
- - - -
Thursday Feb 26 1998:

The first two magnetic anomalies drilled in areas about 30km east of
the earlier discoveries have proven to be reflections of kimberlite.
The two kimberlites, termed K-11 and K-15, have sizeable magnetic
signatures:

Anomaly OB
K-11 500m x 250m 13.4 metres
K-15 600m x 200m 42.7 metres
----------------------
----------------------
Friday Mar 6 1998:

Reverse circulation drill holes on aeromagnetic anomalies in areas
30km east and southeast of kimberlite K-14 have discovered four more
kimberlites additional to the two reported on February 26 1998,
bringing to six the number of new kimberlites found so far by the 1998
winter program. The results to date are:

Anomaly Overburden
Dimension Depth
Kimberlite (metres) (metres)
---------- --------- ----------
K10 150 x 150 127
K32 100 x 150 90
K92 450 x 200 80
K93 350 x 150 79
----------------------
----------------------
Monday Mar 23 1998:

Reverse circulation drill holes on aeromagnetic anomalies in areas 25
kilometres south and southwest of K-14 have discovered two
kimberlites, and drilling on a magnetic anomaly 550 metres north of
K-14 has also intersected kimberlite. This brings to nine the number
of new kimberlites found by the 1998 winter program and a total of 23
since inception in January 1997.

K-3 650 x 500 29
K-95 200 x 200 26
WP 150 x 100 30

----------- ---------- --------- ----------
----------- ---------- --------- ----------

-- Just for review

-j
:>

PS - Note that the last three found (ie, reported found)
are the first three tested and reported on today
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