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

To: Sal Pugliese who wrote (7033)	12/10/1998 3:44:00 PM
From: Jesse	Read Replies (1) \| Respond to of 7966

Thanks Sal-- for the record, here's today's News Release: Ashton Mining of Canada Inc - Two more kimberlites discovered in Alberta Ashton Mining of Canada Inc ACA Shares issued 29,169,790 1998-12-09 close $1.04 Thursday Dec 10 1998 Also Pure Gold Minerals Inc (PUG) Also Alberta Energy Company Ltd (AEC) Mr. John Auston reports Two kimberlites in the current early-winter drilling program in the Buffalo Hills area of north-central Alberta have been discovered. The first of these, kimberlite LL-8, is on the Loon Lake property and approximately 21 kilometres southeast of kimberlite K-11. The new kimberlite was discovered by a vertical core drill hole under 75 metres of overburden. The second discovery, BM-2, is on the Birch Mountain property and approximately 16 kilometres southeast of K-11. It was found by a vertical core drill hole under 63 metres of overburden. Discovery of LL-8 and BM-2 brings to 25 the number of kimberlites found since inception of the program in early 1997. Sixteen of the first 23 of these kimberlites have been found to contain diamonds. Samples from the recent holes will be analyzed for microdiamonds at Ashton's laboratory in North Vancouver. Processing of a mini-bulk sample of approximately 17 tonnes from kimberlite K-11 is continuing at the company's laboratory. The joint venturers on the Buffalo Hills project, including the Loon Lake and Birch Mountain properties, 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 ------------------------------- - - - - Cheers, -j :>