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

To: Famularo who wrote (4463)	3/16/1998 2:14:00 PM
From: philip trigiani	Read Replies (1) \| Respond to of 7966

Frank,Jesse Do you know if ACA's new targets are still in the S/E direction of the original finds, if so, are these new pipes also turning out to be better as they move in that direction. Towards, Jazz and Troymin properties. philip

To: Famularo who wrote (4463)	3/16/1998 9:29:00 PM
From: JP	Read Replies (3) \| Respond to of 7966

Hi Frank -you wrote <<K11 and K15 were announced on Feb 26th, 1998 and were logically intersected a few days before the announcement. We are moving into the third week since the announcement, it is predictable that Ashton should have a NR to confirm if the pipes are diamondifirous or not. As well, the initial micro/macro counts on the two first 1998 pipes should also be ready this week. We are only talking about initial samples.>> If you check the news releases -these pipes and the four others were all found by 'scout' drilling and 'reconaissance' drilling. To me this means that they drilled with an auger and/or a r/c bit and were just looking for kimberlite. Unless they took core you will not be hearing any diamond counts on these for a while. ie: they still need to drill the core. Ashton -in my opinion- is just checking out what else is around before their bulk sampling plant arrives. I think they want to make sure that they are bulk sampling the best choices. I think that the speed with which they find new pipes is going to start to resemle the juniors soon. Ashton has run out of the obvious shallow ones now. IMHO JP