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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?

To: Phoenix who wrote (2876)	11/17/1997 8:17:00 PM
From: Jesse	Read Replies (2) \| Respond to of 7966

Thought I'd post some of the showings Ashton has been releasing, for review: Please add anything relevant I've left out. ------ACA-------------------------------------------- Reported Nov.11/97 ------------------ Hole Dry Weight of Carats/100t Length Sample Stones greater for Stones (m) Weight than 0.8mm greater than (t) (carats) 0.8mm ------ ------ -------------- ------------ Sample K-14-1 (type RC) 88.4 1.11 0.74 67 Sample K-14-2 (type RC) 86.9 1.07 0.19 18 Sample K-14-3 (type RC) 88.2 1.10 0.12 11 Sample K-14-4 (type RC) 98.8 1.34 1.18 88 Sample K-14-5 (type RC) 86.7 1.07 0.48 45 Sample K-14-6 (type RC) 89.7 1.22 0.09 7 Sample K-14-7 (type RC) 94.3 1.26 0.19 15 Total 8.17 2.99 36 Hole Dry Weight of Carats/100t Length Sample Stones greater for Stones (m) Weight than 0.8mm greater than (t) (carats) 0.8mm ------ ------ -------------- ------------ Sample K14 Pits 1-5 (type Pits) Surface 19.25 1.87 10 _______________________________________________________ _______________________________________________________ Reported Oct.2/97 ----------------- Microdiamonds Macrodiamonds Less than Greater than Sample 0.5mm 0.5mm Weight Crys- Frag- Crys- Frag- (kg) tals ments tals ments ------ ----- ------ ----- ------ Kimberlite and hole No. K14C-1, Sample 1 43.4 58 270 3 90 Kimberlite and hole No. K14C-2, Sample 2 45.6 94 0 1 0 Total 89.0 152 270 4 90 _______________________________________________________ _______________________________________________________ Summarized Sept.11/97 --------------------- Kimberlite Interval Sample Number of Stones & Hole No. Laboratory (metres) Weight less greater (kg) than than 0.5 mm 0.5 mm K1A-1 AML 39.8- 46.9 44.8 0 0 K1A-2 AML 131.4-137.7 43.8 0 0 K1B-1 AML 32.4- 40.8 46.7 1 0 K1B-2 AML 31.6- 39.3 45.0 0 2 K14B AML surface pit 42.0 16 0 K14C-1 AMC 10.0- 30.0 43.4 328 93 K19-1 AML 90.0- 98.7 51.3 0 0 ________________________________________________________ ________________________________________________________ Summarized June 11/97 --------------------- Macro Total Micro More No. of Sample Less Than or Samples Weight Than Equal to Pipe Analyzed (kg) 0.5mm 0.5mm ---- -------- ------ ----- -------- K2 2 180.9 3 0 K4A 4 194.7 2 1 K4B 4 197.3 4 0 K4C 5 299.9 0 0 K5A 4 196.9 43 0 K5B 2 103.9 31 1 K6 6 321.5 53 5 K7A 2 113.9 0 0 K7B 2 101.4 1 0 K7C 1 51.8 0 0 K14 4 204.1 190 12 ----------------------------------------------------- ACA News Releases Archived here: ashton.net.au :>

To: Phoenix who wrote (2876)	11/17/1997 10:05:00 PM
From: Famularo	Respond to of 7966

Hi Phoenix, you asked about the bulk sampling results of K14C. I think it was mentioned in an Ashton release, and/or Fagan report and/or Kaiser's newsletter. Can't remember for sure. As Jesse said, more news will be out before K14C. Maybe this week. In any event, the stock technically should do well as more gold investors move in to diamonds as gold finds its bottom. About a month ago, I said gold is dead for now and will continue to be dead for awhile. How can junior gold exploration stocks go up when you can buy good gold stocks like Agnico Eagle for $5-$7. Therefore, you'll find the wise speculative investors moving into the Alberta diamond exploration hunt. Let's wait for gold to move up to $350+ and gold producers companies to move up before junior gold exploration stocks move up. Gee, why am I talking about gold. You never did ask! Oh well, I must be tired. Ottawa kept me up most of the weekend.! Guess you don't care. .) regards