ASHTON MINING OF CANADA (ACA) Message Board

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

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To: Famularo who wrote (5208)	5/26/1998 9:52:00 AM
From: Jesse	Read Replies (2) of 7966

Hi Frank and Denis. Actually, as sample size increases, value usually increases, not nec. the count (I know,, semantics!). - I pulled this from here: techstocks.com The apparent value of a kimberlite in dollars per tonne increases sharply with increasing bulk sample size. The larger rare, high value diamonds are randomly distributed and will be recovered the larger the sample taken. A very rich kimberlite could be reported as uneconomic merely by valuing the diamonds recovered too soon. Value per carat increases typically 40-50 percent between exploration results and mine production (due to large stones). Cheers, -j :>

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