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


To: ddl who wrote (3104)12/4/1997 8:51:00 PM
From: Jesse  Read Replies (2) | Respond to of 7966
 
Thanx for that, Denis. I dropped my subscr. to NM this summer. I just didn't feel it was worth the cost w/ all my other sources (though I admittedly miss it!). Appreciate your posting that.

Anyway, w/ regard to the possible K14 bulk sampling, I have gotten the sense that it's a go by several allusions made to it by Hillier in interviews. Also, Auston made this observation in the Nov.11 ACA news:

"The results are an encouraging indication that kimberlite K14
contains a population of diamonds of commercial size.
Considerably larger samples are required to accurately
determine the grade and quality of the diamonds and hence the
commercial potential of the deposit.
"

Seems to decidedly indicate such a progression. As I repeat over and over, one must read ACA's releases with a magnifying glass.
- - - - - - -
Elsewhere, I personally feel all this 14C talk is overdone. We're already on our way. Yes, the hole was great, but is not all there is. It barely scratches the surface. This is NOT buffer talk, either-- more of a reaction to all the 14C focus (especially considering it may be a phase of the overall K14 complex).

We have a ways to go of course, but headway to date has been extraordinary.
As Kaiser said in his 111197 tracker (pre-K91 results, as I posted before):

Ashton's pipe discovery exploration strategy has been guided exclusively by drilling blind geophysical targets. The 16 pipes so far found (14 if we blend K14, K14B and K14C) were found because they were geophysically obvious and/or logistically accessible. The game in the Buffalo Head will be to identify every single kimberlite, test for diamond content, and if it looks good, extract bigger samples for further assessment of diamond potential. The next exploration wave begins in January for Ashton and most of the other juniors...

Let the good times roll.

Cheers,
-J
:>



To: ddl who wrote (3104)12/4/1997 10:11:00 PM
From: Famularo  Read Replies (2) | Respond to of 7966
 
>>> Jesse and others... did you get this paragraph in the N. Miner.
"Hillier says further work on the K14 kimberlite complex will probably include a bulk sample." Frank is that your 1000 ton sample he's talking about here? <<<

Well, Yes, but nothing has been confirmed. Someone help me shed some light. Moving on to bulk sampling has to be good news, I don't see it any other way. Why spend the money in Alberta on 1000ton sampling if Ashton can explore their land in NWT. Yes, they do have a decent land position in NWT. Personally, I think that such a plan should be good news on Ashton, then again, the way the market is reacting, who knows what it takes to make this play move. 2-3 carat stone. That would excite the market. We haven't seen anything that significance as of yet.



To: ddl who wrote (3104)12/8/1997 2:51:00 PM
From: DIAMOND JIM  Read Replies (1) | Respond to of 7966
 
To all (after a quiet weekend on the thread)..

I don't know if I am overreacting to this Northern Miner article but I'm surprised there is not more excitement! Unless someone has heard otherwise from the company, the indication is that the 500-1000tn bulk on K14 is a go. Perhaps some further support to this is lent by the large ad in the same paper by PUG which highlights that the "economic potential of K14 is under evaluation." Do I need an Ovaltine and asprin or what?