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


To: ddl who wrote (3829)2/9/1998 1:56:00 PM
From: Jesse  Respond to of 7966
 
Denis, the K91 35ct/100t reported today are indeed the average of the four holes (2-5?), from a total weight of 850kg (the 210kg was from the first hole) w/ the 0.8mm cutoff. I assume today's results (I'm sure) are from various intervals within the four holes. Depths? Who knows! Auston pointed out that again inter-hole variance was high-- I'm guessing the holes were not very deep (but we don't know). Reported weight is about 210kg each hole. Hole number one was to 108m.

Mike Markham, I neglected to add that as a company's confidence in a discovery's potential progresses, they get more strict in their measuring tactics (as I've posted before):

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

Regards,
-j
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