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


To: ddl who wrote (3477)1/16/1998 1:50:00 PM
From: Jesse  Read Replies (1) | Respond to of 7966
 
Good question, Denis, and the answer is actually positive, if correct:
This seems to be the figure Ashton uses to measure results when going beyond the diamond counts, to calculating ct/100tonne (see their website for other exploration figures).

This is often used when a pipe has been determined to be economic...

Industry standards for levels of progression:

Exploration method....... 0.5mm micros; > macros
Geological resource...... 0.8mm
Mining reserves............. 1.5 to 2mm (estimate)

If so, obviously ACA is seriously looking ahead.
Comments anyone?

-j
:>