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

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To: Jesse who wrote (6962)11/25/1998 8:17:00 PM
From: Famularo  Read Replies (1) of 7966
 
>>>. The 479tonne sample-- is that weight all attributed to the host-rock, ie, the kimberlitic material? Is other waste rock/material included into that sample? That would certainly change the 11.68 cpht ratio... (samples are intermixed with mud/ sandstones).
The marked difference in the grade of K-14 from the minibulk to the bulk sample makes one wonder. So many questions, as in where the RC (reverse circulation: remember the wash-by) holes were from in the huge orebody-- first thought of as 3 kims, with K-14B and C, and then the whole complex was treated as one massive deposit. K-14'C' showed amazing things in the first testing, then poor in further sampling. Now the whole complex, using a 1.2mm minimum cutoff, does too --- we need to know more re. the hole locales, their real representation, etc etc.
<<<

IMO, the sample did indeed include host rock, mud, grime, grit, whatever. The amount actually processed at the plant equated less.
One of the characteristics of crater facies is that they are interlaced with sandstone and mudstone. Ashton's cores, therefore are probably also interlaced accordingly. I wonder if Ashton can answer this question for the record re K14. Ashton knows the specific gravity of kimberlite. So what they can do is weigh the weight of their samples and measure how much less it is than what they expect by volume. From this figure they can derive how much of their samples is a material other than kimberlite. For k14, the error can be roughly 30percent, there and about. What do you make of this DD?

It would be nice if someone can call and check this. Would Ashton disclose such info? This is indeed a high profile exploration business. Companies have different agenda's for perpetuating information. In this case, I insist that something is fishy about the lack of contanst inconsistency of results. It seems when the market is preparing for some positive update caused by attention created by investors, Ashton throws a bomb. At times, I wish this play was not controlled by Ashton Australia. Is someone on this site going to argue with me that politics do not exist and every company runs a company the way they should. Not a chance. Have met too many people in my years and have heard so many stories about situations that would freak a few out. If they intended to shake a few out, including myself, good luck, it ain't happening so fast. It did not take Diamet that long to find a good pipe. Therefore, Ashton, with your expertise, if you can't find a commercial mine in Alberta, stop wasting shareholders money and move on to NWT otherwise start feeding us some data you must know and we want to know about these pipes.

Regards

Fast Frank



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