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Gold/Mining/Energy : Pure Gold Minerals (PUG)-TSE -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (561)	4/29/1998 12:40:00 PM
From: gennady	Respond to of 1030

Pure Gold Minerals Inc - Results from Buffalo Hills Pure Gold Minerals Inc PUG Shares issued 26379471 1998-04-28 close $0.96 Wednesday Apr 29 1998 See Ashton Mining of Canada Inc (ACA) News Release Mr. John Auston reports Ashton Mining of Canada has received analytical results from the Buffalo Hills project in north-central Alberta. Microdiamond analyses are now available from three of the nine kimberlites discovered last winter. In reviewing these results it should be borne in mind that the data are generated by analyses of chips from reverse circulation drill holes, and thus are not directly comparable with earlier analyses from core holes on other kimberlites. Kimberlites K-3 and K-95 in the southern cluster of pipes have returned no diamonds. This is consistent with earlier results where few of the kimberlites in this cluster have proven to be diamondiferous. Kimberlite WP, 550 metres north of K-14 has returned a small count of stones, including one macrodiamond of 1.6 millimetres in maximum dimension. The K-14/K-91 area has provided the best diamond counts to date, and these initial results from WP show it to be another diamondiferous kimberlite in this grouping. In summary, the results from Ashton's North Vancouver laboratory and Ashton Mining Limited's Perth laboratory are: Kimberlite Sample No. of Weight Diamonds (kilograms) less than greater than 0.5 mm 0.5 mm K-3 180.2 0 0 K-95 90.0 0 0 WP 89.0 2 2 (1) (1) Maximum dimensions 1.6mm and 0.6mm The joint venturers on the central Buffalo Hills project are Ashton Mining of Canada (42.5 per cent), Alberta Energy Company (42.5 per cent) and Pure Gold Minerals (15 per cent). Ashton is operator of the programs. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)