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

To: zarman who wrote (2925)	11/22/1997 6:22:00 AM
From: JKNF	Read Replies (1) \| Respond to of 7966

Zarman, don't forget K14C. 400 diamonds in a 40 kilogram sample, approx. 90 macro, 320 micro ??? diamonds in a 1 ton mini- bulk sample = thousands of which 25% are macro!!! Think about it!!! Just trying to be realistic!!!

To: zarman who wrote (2925)	11/23/1997 1:19:00 PM
From: Jesse	Read Replies (1) \| Respond to of 7966

All: I for one think Ashton's results to date have been wonderful. It seems many here expect proof by a mine only. By that time Ashton's shareprice will be only a woulda coulda shoulda. Diamond exploration is slow and often dissappointing. Ashton has had amazing speed (good fortune mixed w/ expertise) in finding many kimberlites, and diamonds-- terrific progress! IMhO, Ashton/Pure Gold foresee a mine here. But, yes, it's one step at a time, but FOR THE STAGE WE'RE AT, things look mighty bright! -No less. There is a growing number of targets yet to be drilled, probably in the hundreds now. :^) ----------- I submit these figures for review (as were partially posted by John M. here a couple weeks ago): ---------------------------------------------------------- TABLE 5 - COMPARISON OF SELECTED MAJOR KIMBERLITE PIPES* Kimberlite Pipe/ Area Carats/ US$/ US$/ Tonnes Diamonds Gross Value Location (Hectares) tonne carat tonne (mlns.) (mln.cts.) US$M (Est.) Camafuca, Angola 160 0.25 $100-$150 $25-$38 ?? ?? ?? Mwsdui, Tanzania 146 0.20 $85 $17 143 29 $2,431 Orapa, Botswana 107 0.68 $50 $34 104 71 $3,536 Catoca, Angola 66 0.46 $60 $28 65 30 $1,794 Jwaneng, Botswana 54 1.37 $110 $151 136 186 $20,495 Premier, South Africa 32 0.48 $70 $34 82 39 $2,755 Udachnya, Russia 20 1.12 $90 $101 49 45 $4,939 Venetia, South Africa 13 1.28 $80 $102 32 41 $3,277 NOTE: Camafuca grades and values are current estimates. Source: Gems and Gemology, Spring 1996, and TDSI estimates. ___________________________________________________________ *From TD Securities SUF write-up, 9/18/97 -------- G'luck to all, -J :>