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Gold/Mining/Energy : A CANADIAN DIAMOND HUNT -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (267)	2/25/1998 3:19:00 PM
From: Don	Respond to of 930

Columbia Yukon Resources Ltd - Airborne survey on Mustang property complete Columbia Yukon Resources Ltd CYR Shares issued 20286888 1998-02-24 close $0.18 Wednesday Feb 25 1998 Also International Butec Industries Corp (IB) Mr Michael Gustavson reports The airborne EM survey on the Mustang property commissioned from TerraQuest was completed at the end of January 1998 and has since been analyzed by MPH Consulting for the removal of any potential cultural anomalies. MPH, as project managers, have reported to the company that 24 magnetic anomalous targets exist on the 250,000 square acre Mustang property and that ground crews are now on site completing ground geophysical follow up to further define and prioritize drill sites for the upcoming spring program, expected to get underway during March. Negotiations for property access with the various landowner - leaseholders are now complete and MPH Consulting, acting on behalf of the company, has applied for all necessary licences and drill permits for which approvals are expected shortly. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)

To: Ed Pakstas who wrote (267)	2/26/1998 9:11:00 AM
From: Famularo	Read Replies (2) \| Respond to of 930

More kimberlites in Northern Alberta Ashton Mining of Canada Inc ACA Shares issued 23,798,122 Feb 25 close $4.00 Thu 26 Feb 98 News Release Also Alberta Energy Company Ltd (AEC) Also Pure Gold Minerals Inc (PUG) Mr John Auston reports Buffalo Hills Project, North-Central Alberta The $10 million program announced by the joint venturers on February 9 1998 is well under way. Two reverse circulation rigs are drilling large diameter holes in the central portions of kimberlite K-14 to collect a sample of at least 500 tonnes for analysis by dense media separation. A machine capable of drilling large diameter core is about to begin taking a sample of approximately 40 tonnes from kimberlite K-91, located 2.3 kilometres from K-14. The first two magnetic anomalies drilled in areas about 30km east of the earlier discoveries have proven to be reflections of kimberlite. The two kimberlites, termed K-11 and K-15, have sizeable magnetic signatures: Anomaly Depth of Dimensions Overburden ---------- ---------- K-11 500m x 250m 13.4 metres K-15 600m x 200m 42.7 metres These early results from the reconnaissance program are encouraging indications of a new cluster or clusters of pipes beyond the two identified to date. As announced on February 9 1998, the program of scout drilling is continuing, with at least another 13 magnetic anomalies scheduled to be tested this winter.

To: Ed Pakstas who wrote (267)	3/4/1998 2:15:00 PM
From: Jimsy	Read Replies (1) \| Respond to of 930

Ed - bit of der action on Marum and Victory. I wonder if Victory will be victorious in the diamond hunt. The Marum folks have some interesting photos and computer plots of geophysics on their web site. Will they be the first outside Ashton to come up with kimberlite?

To: Ed Pakstas who wrote (267)	3/5/1998 1:34:00 PM
From: Famularo	Respond to of 930

Diamond potential in South Central Saskatchewan Pure Gold Minerals Inc PUG Shares issued 24,870,966 Mar 4 close $1.06 Thu 5 Mar 98 News Release See Caribgold Resources Inc (CG) News Release Mr Paul Zyla reports Since last October CaribGold Resources and Pure Gold Minerals have acquired, by staking, a total of 715,000 acres in an area of south central Saskatchewan. The claims were staked to cover a significant concentration of variable kimberlite indicator minerals consisting of high chrome pyrope garnets, calcic pyrope-almandine garnets, magnesium almandine garnets and chrome diopsides. Three separate clusterings of anomalous concentrations of kimberlite indicator minerals were identified from samples collected in 1991 by the Saskatchewan geological survey. Since staking the claims, the 50/50 joint venture completed a 15,000 line km high resolution magnetic survey over the entire property with flight lines spaced at 400 metre intervals. The companies' geophysical consultants have selected 21 high priority circular magnetic anomalies, some of which appear to be in clusters, that may represent kimberlite bodies. The magnetic anomalies all lie within the high concentration of indicator minerals. Following a detailed compilation of data obtained, the companies plan to investigate the 21 magnetic anomalies by helicopter mag survey, ground geophysics and drilling. The Saskatchewan project is a 50/50 joint venture with Pure Gold Resources.