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

To: Famularo who wrote (6555)	11/9/1998 11:43:00 PM
From: DIAMOND JIM	Read Replies (1) \| Respond to of 7966

The NWT required exceptionally high grades precisely because of the very high costs associated with the environment. Who thinks a facility in the heart of the oil patch will cost a billion? Economics of scale are totally different. Check out the Merlin mine in Aus..grades in the 40-45 ct/100tn range..Alta will roll out the red carpet for a mine in this country with infrastructure improvements and other incentives. A 40ct/100tn or higher count will definitely lead to a major bulk sampling and a much higher probability of development. Regards DJ