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

To: Famularo who wrote (4545)	3/23/1998 9:50:00 AM
From: Jesse	Respond to of 7966

Thanks for your comments, Frank! I am still surprised at the size of some of these anomalies. They are huge. Remember that a U.S. football field is 100yards long (1 yard=36"; 1 meter=39"). K-3 is 650m x 500m (or, 7 football field lengths by 5.5 football fields). That is one vast anomaly, again. - These are all good-sized, and shallow. I wonder why the "WP" named pipe? (Winter Program?, .... nah) Ashton has said, Reverse circulation drill holes on aeromagnetic anomalies in areas 25 kilometres south and southwest of K-14 have discovered two kimberlites, [-sounds like 2 different areas, one for each], and ... drilling on a magnetic anomaly 550 metres north of K-14 has also intersected kimberlite. I wonder which number is where. Regards, -j :> ps, market predictably calm in response, as more "status quo" revelations (as Jackleg would say!) - - mrkt waiting for diamond reports

To: Famularo who wrote (4545)	3/23/1998 10:27:00 AM
From: Jesse	Respond to of 7966

It is remarkable progress, Ashton! Say, Frank, I noticed on a different news-source (Reuters) that the %age owned by parent company AML is now stated as 61.4%, vs. the 62% last reported. Ashton is a diamond exploration company with interests in a wide range of properties in Canada and the United States. It is 61.4 percent-owned by Ashton Mining Limited of Australia, a leading explorer, producer and marketer of diamonds which holds an interest of 40.1 percent in the Argyle diamond mine in northwestern Australia. Only 0.6% diff -- perhaps the change was realized upon a share recalculation after the last rights offering? (I know, big deal!). -j :>

To: Famularo who wrote (4545)	3/23/1998 1:24:00 PM
From: Jesse	Read Replies (1) \| Respond to of 7966

A noble prophet ;) has asked me to post Ashton's reported anomalies & depths thus far. I have made a quick attempt here. Note some are estimates: Kimberlite Geophysical Anomaly Depth of Number Dimensions Overburden K7B 200 x 350 metres 34.7 metres K7C 150 x 150 metres 37.0 metres K7A 200 x 200 metres 69.0 metres K6 450 x 600 metres 13.0 metres K5A 600 x 600 metres 14.3 metres K5B 150 x 450 metres 50.3 metres K4A 250 x 300 metres 24.7 metres K4B 350 x 400 metres 8.5 metres K4C 200 x 250 metres 43.9 metres K2 200 x 500 metres 2.0 metres K14 400 x 450 metres 7.0 metres ---------- K-91 400 x 100 metres 15.0 metres K-11 500 x 250 metres 13.4 metres K-15 600 x 200 metres 42.7 metres K-10 150 x 150 metres 127.0 metres K-32 100 x 150 metres 90.0 metres K-92 450 x 200 metres 80.0 metres K-93 350 x 150 metres 79.0 metres K-3 650 x 500 metres 29.0 metres K-95 200 x 200 metres 26.0 metres WP 150 x 100 metres 30.0 metres ----also: -no specs offered (7/21/97- described as 'in vicinity of K-2'): K-19 ?? ? K-1A ?? ? K-1B ?? ? _________ Corrections or additions anyone? FFT. -j :> ps, I believe K-5 is considered one complex

To: Famularo who wrote (4545)	3/23/1998 1:39:00 PM
From: DIAMOND JIM	Read Replies (1) \| Respond to of 7966

Investors are smoking for sure. Another non-event reaction Frank. Almost similar to last year with movement occurring on release of micro/macro counts. More of an opportunity to accumulate. The big news here is the new pipes are shallow and in the case of K3 potentially very large tonnage. The counts from K14, K91 AND K3 could be the focus for development. If K3 is equivalent or better than K14 our odds would be extremely favourable IMHO. Great call again Frank. Regards DJ