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


To: Famularo who wrote (3243)12/18/1997 11:54:00 AM
From: keith schaefer  Respond to of 7966
 
To All Diamond Lovers: one other diamond play is Rupert Resources, rupert.com, a producing diamond mine in South Africa with a new pipe just confirmed, with the first diamond count expected in the first two weeks of January. 7.3 M out, 11 M fully diluted, $2 M cash, drills turning as we speak.



To: Famularo who wrote (3243)12/18/1997 11:56:00 AM
From: violetta martinez  Read Replies (2) | Respond to of 7966
 
I was looking up info on the meaning of 'olivine' and found that among other things, Diamed (DIR.M) has found similar type diamoniferous lamporites in Northern California. They said it's similar to Ashton of Australia, which has the largest diamond mine in the world. These deposits apparently contain a mixture of industrial and gem quality clear, colourless and yellow diamonds. I believe since we have also got kimberlite here in K14 etc. that this may be a mixed field which is why if you read back to earlier posts this year, there seems to be some hesitation from ACA about describing the precise geological mineral chemistry. I'm certainly no geologist so keep this in mind. I wonder if you can indeed have a mixed type field? I think I read that the silicates and some gases are in the olivine rich deposits which would also contribute to other "coloured stones" mentioned by ACA.
Can anybody offer any real truth to what I'm trying to say?
Cheers, Violetta



To: Famularo who wrote (3243)12/18/1997 11:59:00 AM
From: Jesse  Respond to of 7966
 
Mornin' Folks! Ashton's news today is merely one more section analysed from the same K91 hole reported on earlier. It is a good section: in just a 20kg sample, 41 micros and 5 macros. I would venture a guess, based on Auston's repeated, and somewhat unprecedented (for him) enthusiasm about these samples, that the crystals are of gem quality. Not much more to conclude here.

Re. this NR being an intent to divert attention from the K14 complex, not likely. Just a small update on what they're doing (probably felt they had to get something out before the new year). Again, this is just more encouragement as to the potential of the find.

Re. olivine, Frank was right-- a couple points I found: it is typical of ultramafic and mafic intrusive or volcanic igneous rocks, is insoluble, and has a high melting point (it's about a 6.5-7 on the hardness scale). This must be why it stays for the duration in DMS.
-Here's an image of the stuff:

geology.wisc.edu

Re. me sleeping-- you hit it! After being out so late at a Christmas social, I got up to see the news but when I saw it was relatively benign, I decided to catch another few winks! ;)

Best 'O the Season,
-J
:>
PS- re. carats: 1 carat = 200mg, ergo 5 carats = 1 gram.