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

To: DIAMOND JIM who wrote (5660)	7/16/1998 11:05:00 AM
From: Famularo	Read Replies (1) \| Respond to of 7966

UPDATED LIST. A recap of the predictions of K91. Changes are allowed up to the day before the News Release. Just for comparison, K14 was 'under' 40carats/100t and is being bulk sampled and possibly 5000t sampling. If anybody else wants to throw in a speculative guess,let me know and I'll add you to the list. Please note that it is difficult to predict the results and I consider these numbers just a PURE GUESS and was started to keep this thread alive... IMO, results should be out anyday. Any confirmation of results better than K14, will be great news. Anything over 75carat/100t, should halt the stock and cause the stock to trade up bigtime with really high volume. I am dreaming! Anything over 45 should be bullish and reverse the tehcnical trend and attract fresh interest to the play. Rise 12 carats/100t Doug W 17 carats/100t Dave V 18 carats/100t Keith Massey 29.7 carats/100t Michael Markham 30 carats/100t St. Barbara 31.75carats/100t Walter Kalin 32 carats/100t Just Wayne 33 carats/100t Joe Sing 34 carats/100t Rob Hirtz 38 carats/100t Eric F 38.5 carats/100t Derek W 39 carats/100t Louis Paquette 40 carats/100t Dave Fung 40 carats/100t Mrs. Leblanc 40 carats/100t JP 41 carats/100t BLZBub 42 carats/100t Al Huberts 42 carats/100t Denis Lapante 43 carats/100t Lou DC 44 carats/100t Frank Kendrick 45 carats/100t Jesse 45.4 carats/100t Jackleg 46.5 caratz/100t Clifford 47 carats/100t Denis Brady 47 carats/100t DVID 48 carats/100t Alfonso Agostino 49 carats/100t Paul A. Baron 50.5 carats/100t Don Jackson 52 carats/100t Martin Wormser 53 carats/100t Jamie 54 carats/100t Famularo 54.5 carats/100t Larry Dawidowitz 57 carats/100t Mackenzie 60 carats/100t Griz 60.57carats/100t Mrs. Nose 62 carats/100t J.David Skrynski 64 carats/100t Mudman 66 carats/100t No BS Here 66 carats/100t Golden Gord 68 carats/100t Osprey 69 carats/100t Philip Trigani 71 carats/100t Dobber 73 carats/100t Le Profiteur 74 carats/100t Oliver Manahan 77 carats/100t Robert Mason 81 carats/100t Matthew Levesque 88 carats/100t Diamond Jim 93 carats/100t Loogan 95 carats/100t Violetta Martinez 97 carats/100t Mortimir 101 carats/100t Glen Vivian 105.6 carats/100t JKNF 130 carats/100t

To: DIAMOND JIM who wrote (5660)	7/16/1998 11:26:00 PM
From: Famularo	Respond to of 7966

THIS POST IS A REPEAT AND IS INTENTED TO REFRESH OUR MEMORY. Results from K14 mini-bulk sampling Ashton Mining of Canada Inc ACA Shares issued 20,836,399 1997-11-10 close $5.35 Tuesday Nov 11 1997 Also Alberta Energy Company Ltd (AEC) Also Pure Gold Resources Inc (PUG) Mr John Auston reports Ashton Mining has received the first diamond results from mini-bulk sampling of kimberlite K14 in the Buffalo Hills project, northern Alberta. The samples, totalling 27.42 tonnes in weight, are from reverse circulation drill holes (8.17 tonnes) and surface pits (19.25 tonnes). The seven vertical holes were drilled at 25 metre centres along an east-west line 150 metres in length in the south-central portion of the main K14 magnetic anomaly. The five surface pits are spaced irregularly along an east-west distance of 50 metres on the northern part of the main anomaly K14, 75 metres north of the drill holes. The results of the dense media separation tests are tabulated below. Hole Dry Weight of Carats/100t Length Sample Stones greater for Stones (m) Weight than 0.8mm greater than (t) (carats) 0.8mm ------ ------ -------------- ------------ Sample K-14-1 (type RC) 88.4 1.11 0.74 67 Sample K-14-2 (type RC) 86.9 1.07 0.19 18 Sample K-14-3 (type RC) 88.2 1.10 0.12 11 Sample K-14-4 (type RC) 98.8 1.34 1.18 88 Sample K-14-5 (type RC) 86.7 1.07 0.48 45 Sample K-14-6 (type RC) 89.7 1.22 0.09 7 Sample K-14-7 (type RC) 94.3 1.26 0.19 15 Total 8.17 2.99 36 Hole Dry Weight of Carats/100t Length Sample Stones greater for Stones (m) Weight than 0.8mm greater than (t) (carats) 0.8mm ------ ------ -------------- ------------ Sample K14 Pits 1-5 (type Pits) Surface 19.25 1.87 10 All results indicate a high variability in diamond content over relatively short distances. Generally the diamond contents of the pits are lower than those of the drill holes. The drill hole samples collected over 150 metres horizontally and up to 90 metres vertically are more representative of K14 than are the pit samples which were collected from surface. The drill hole data should be considered a more reliable indication of the commercial potential of the K14 kimberlite. The five largest stones recovered weigh 0.60, 0.30, 0.28, 0.21 and 0.18 carats. Many of the diamonds are colourless, and there are some coloured stones as well. The sample size is too small however, to make any definitive comment on quality. There is some evidence of breakage of stones resulting from the drilling process, although the larger stones noted are whole. The results are an encouraging indication that kimberlite K14 contains a population of diamonds of commercial size. Considerably larger samples are required to accurately determine the grade and quality of the diamonds and hence the commercial potential of the deposit. Hope K91 has bigger stones, it would wake up the folks on the sidelines.