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

To: Chas. who wrote (3062)	12/2/1997 3:11:00 PM
From: Jimsy	Respond to of 7966

To all again - is there anyone in Cyberspace who has seen airborne geophysics targets from any other properties and/or compared them to Ashtons. What I think we want to decipher out of all the rumours and wishful thinking is whether there really are a bunch of other targets/pipes/ kimberlites/diamondiferous ones in Alberta. If the answer to this is yes, we have a montrous hunt to find the best pipe and the race is on. If Ashton has the only and best pipes grading thus and so at this time, then this find needs some more good results pretty soon. Since the area is easily accessible and lots of drilling, mini-bulk sampling has been done, I would think we are quite overdue for a bigger diamond or 2, some statements about color as there has been plenty of time to assess anything found to date, some statements about clarity (same reason). We must have about 500 or so little diamonds from these pipes in total - surely that is enough for a preliminary assessment of color and clarity to this point in time.

To: Chas. who wrote (3062)	12/2/1997 3:19:00 PM
From: Famularo	Read Replies (1) \| Respond to of 7966

Hi Chuck, I am not technical enough to answer this question but I am sure someone can. One thing I can say is that Alberta requires less quality and quantity of stones to justify a profitable production mine vs exploration companies in NWT, like Winspear and others.

To: Chas. who wrote (3062)	12/2/1997 3:48:00 PM
From: Jesse	Read Replies (2) \| Respond to of 7966

Chuck, caution is always advisable. But let's look at some of the facts: 146 stones were pulled from one little (2"?) hole. Included in that tiny sample were a 1.35 and a .95mm CLEAR, gem-quality stone. -Kimb. under only 15m of overburden. We don't know the results of the 3 angle holes; I assume those are to come. I can assure you that if DMM had pulled these kind of results on their first sample from a SHALLOW pipe they would have done anything but abandon it! Again, due caution. Jimsy, re. the number of targets, ACA has themselves announced over 80 already identified. Further, why do you think this pipe is numbered 91? :-) Again, this pipe's results are only preliminary-- no more. But they look great, no less. Especially w/ 14C. The markets want more, understandably, and that they shall get. For now, in these markets, the SP's are holding their own. As more in the know comment on these results, we should get a better understanding as to their significance. Still need more results. regards, -j :>

To: Chas. who wrote (3062)	12/2/1997 4:48:00 PM
From: Blue	Read Replies (2) \| Respond to of 7966

Chuck, you are right, Tli Kwi Cho was a bust. The odds are better here, in part because they have 4-8 pipes in the pipeline.

To: Chas. who wrote (3062)	12/3/1997 6:31:00 AM
From: JKNF	Read Replies (1) \| Respond to of 7966

Chuck Thank you for your post!!! Better to be safe than sorry, I agree. However, we're all anxiously awaiting the mini-bulk results on K14C, previously released drilling results on K14C came up with 300 and change micro and over 90 macro diamonds from a 40 Kilogram sample. You must admit that, that sounds very exciting. Comparing the Tli Kwi Cho's 9 Macros/50 kg to K14C's 90 Macros/40 kg How can the mini-bulk sample on K14C be bad??? Let's extrapolate results for the 1 ton mini-bulk. we had a total of over 400 diamonds in a 40 kg sample. 40 kg goes 25 times into a metric tonne, therefore multiply 400 diamonds by 25= 10,000 diamonds/tonne of which over 1800 diamonds are macros(I know that this is not a very accurate way of acessing things however it does show the potential magnitude of K14C). I just hope that the mini-bulk results are as good as the initial results!!! Regards John