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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?

To: Paul Bilecki who wrote (2508)	2/15/2005 8:44:55 AM
From: Chas.	Read Replies (2) \| Respond to of 16206

In a nutshell... what it comes down to for DeBeers is that they have yet to prove out a diamond producing mine at Snap Lake let alone chasing around the King property... DeBeers has their plate full just trying to figure out how to develop Snap Lake, their first ever anywhere underground mining effort...to date the existing tunnel is taking on water and they have an enormus amount of country rock to deal with before even getting to real ore, I think Randy Turner and Winspear stockholders got the best of that deal. Victor Forte ala Corne, Kensington... offer a much more familar scenario to DeBeers because of the potential for Open pit mining...their bureaucratic mines think that way... IMO MPV Kennady Lake scares the hell out of them because it is all under water and all they can see is Ekati and a Billion dollars to bring it into production and in their eyes it is a small resource for a billion outlay..... GGL, CFV,may get carried along on MPV coat tails..... DSP a different story because Turner is steering the ship and he is a master of story telling, hype, promotion, sales..... regards

To: Paul Bilecki who wrote (2508)	2/16/2005 6:13:45 PM
From: Famularo	Respond to of 16206

Ashton Appoints Two New Directors VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 16, 2005) - Ashton Mining of Canada Inc. (TSX:ACA) Dr. David S. Robertson, Chairman of the Board of Ashton Mining of Canada Inc. ("Ashton" or the "Corporation"), is pleased to welcome Mr. Pierre B. Lebel and Mr. David H. Watkins to the Board of Directors effective Monday, February 14, 2005. Mr. Lebel brings to Ashton more than 25 years of experience in mining exploration, project financing, mine construction and commercial operations. In January 2003, he was appointed Chairman of Imperial Metals Corporation, a Vancouver-based copper, gold and molybdenum producer, following 16 years as Imperial's President. In 1998, the BC and Yukon Chamber of Mines awarded Mr. Lebel the E.A. Scholz Medal in recognition of his outstanding contribution towards the construction and development of Imperial's Mount Polley copper/gold mine in British Columbia. Mr. Lebel also serves as Chairman and Trustee for Home Equity Income Trust, Chairman and Director of Asia Gold Corp. and is a Director of Jinshan Gold Mines Inc., Sepp's Gourmet Foods Ltd. and Zed.i Solutions Inc. As an international mining and exploration executive, David Watkins has 35 years experience in mineral exploration, mine development, mining operations, and mergers and acquisitions. He is presently Director, President and CEO of Atna Resources Ltd., a precious metals exploration company holding properties in the United States, Canada and Chile. From 1994 to 1999, he was Senior Vice President, Exploration for Cypress Amax Minerals Company, a U.S.-based multinational mining company. Before joining Cypress Amax, Mr. Watkins held positions of increasing seniority in Falconbridge Copper Ltd. and became President and CEO of Minnova Inc., Falconbridge Copper's successor, in 1990. Under Mr. Watkins' leadership, Minnova grew through exploration and acquisitions to become an entity operating five underground and open pit mines in Quebec, Ontario and British Columbia. Dr. Robertson also announces the retirement of Mr. David C. Davenport from the Board of Directors effective Friday, February 11, 2005. Mr. Davenport was appointed a Director in 1993, concurrent with Ashton's initial public offering. His knowledge, insight and diligence have contributed greatly to the Corporation's advancement over the past 12 years. Ashton's prime objective is the discovery or acquisition of diamond prospects capable of rapid advancement to development and production. The Corporation has positioned itself among the leading explorers in the Canadian diamond industry. Ashton's key competitive advantages include significant exploration experience and its in-house laboratory facilities in North Vancouver, dedicated exclusively to the Corporation's exploration projects. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Ashton Mining of Canada Inc. Robert T. Boyd President & CEO (604) 983-7750 or Ashton Mining of Canada Inc. Mike Westerlund Manager, Investor Relations (604) 983-7750 contact@ashton.ca www.ashton.ca