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

To: ddl who wrote (6981)	11/26/1998 9:44:00 AM
From: Jimsy	Respond to of 7966

Denis - keep an eye on QTR/AAS drilling beside Fransisco Gold who already has 3-4 million oz gold, and Raindrop also drilling in the area. Qtr has a drilling program with Barrick in Peru and another with Newcrest also in Peru. Chart on Qtr is scrumptuous going up in steps, but do your dilly dally doo.

To: ddl who wrote (6981)	11/26/1998 10:38:00 AM
From: JP	Respond to of 7966

<<One hole in particular was drilled 50 feet away from a previous hole and the results were like night and day. No explanation from Ashton. >> They shouldn't have to explain that one. Under the surface -everything sort of resembles a chocolate swirl ice cream. When you sink one hole -you may miss all the chocolate and just hit vanilla. When you drill two holes spaced apart -you average out your findings and assume that to be the mix ratio of Chocolate to Vanilla. Three holes get more accurate and so on and so on. Two holes 50 feet apart can easily give different readings. This is why ACA takes larger and larger bulk samples -to increase the accuracy of the predicion. It is also why on even the smaller bulk samples they mix the core from several holes together in the calculation. This is also why the low count holes do not mean much unless several holes are drilled. JP PS -it also explains why MEO were happy with 5 diamonds on their first pipe since it means there is diamonds but is a very inaccurate measure of how many. PPS -Still checking on your O&G company.