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

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To: DIAMOND JIM who wrote (6185)9/10/1998 9:07:00 AM
From: ddl  Read Replies (1) of 7966
 
Has anyone read the story on the Merlin Project Ashton has underway on their WEB site?
Interesting reading and most probably will be the closest comparable to the ADP.
They've gone ahead with the project on the strenght of 5 diamondiferous pipes, open pit with an average grade of 39.75 cpht!!
These pipes graded 16.7, 22.3, 33.1, 68.4 & 112.6 cpht and total tonnes processed is 4,216 tons. Valuation at 35% gem quality ranges from US$41 - $140/c.

Seems to me that if the ADP already has about 16cpht, we're just about 1/2 way there, yes-no?
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