Ashton Discovers Four More Kimberlites in Alberta.VANCOUVER, British Columbia--(BUSINESS WIRE)--March 6, 1998--John S. Auston, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Ashton Mining of Canada Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :ACA ACA - Application Control Architecture .) (ME:ACA.), is pleased to provide a further report on progress of the Buffalo Hills Project in north-central Alberta. Reconnaissance Drilling Reverse-circulation drill holes on aeromagnetic anomalies
Anomalies is Cephalic Carnage's 4th full-length album. It was released on Relapse Records. The group expanded their sound even more than their previous album, Lucid Interval, and gained more popularity. in areas 30 kilometres east and southeast of kimberlite kimberlite: see diamond. kimberlite or blue ground Dark, heavy, often fragmented igneous rock that may contain diamonds in the rock matrix. K-14 have discovered four more kimberlites additional to the two reported on February 26, 1998, bringing to six the number of new kimberlites found so far by the 1998 winter programme. The results to date are: -0-
Kimberlite Anomaly Dimension Overburden Depth
Metres Metres
K11 x 500 x 250 13.4
K15 x 600 x 200 42.7
K10 150 x 150 127
K32 100 x 150 90
K92 450 x 200 80
K93 350 x 150 79
x reported on February 26, 1998
-0- The results continue to provide encouraging indications of new clusters of kimberlite pipes. The program of reconnaissance drilling is continuing. Sampling Program Two reverse circulation drills on kimberlite K-14 have encountered some operational problems which have delayed somewhat the collection of a larger sample from this kimberlite. Another rig is drilling larger-diameter core holes and rotary holes on kimberlite K-91 to collect a mini-bulk sample of about 40 tonnes. Analytical Results Analyses by dense media separation of samples weighing 3.55 tonnes from six core drill holes on kimberlite K-5 recovered no diamonds. On the other hand, analysis of a sample of 4.0 tonnes from a pit on K-5 has recovered 0.027 carat CARAT, weights. A carat is a weight equal to three and one-sixth grains, in diamonds, and the like. Jac. L. Dict. See Weight. of diamonds greater than 0.8 millimetre in maximum dimension. The greatest dimensions of the three largest stones are 1.67, 1.24 and 1.20 millimetres. Although the diamond content of the sample is low, it is of interest because of the very large size of kimberlite K-5 and leaves open the possibility that some portion of the kimberlite may have higher counts. The joint venturers on the central Buffalo Hills Project are Ashton Mining of Canada Inc. (ACA, 42.5 percent), Alberta Energy Company Ltd. (AEC AEC US Atomic Energy Commission Noun 1. AEC - a former executive agency (from 1946 to 1974) that was responsible for research into atomic energy and its peacetime uses in the United States Atomic Energy Commission , 42.5 percent) and Pure Gold Minerals Inc. (PUG, 15 percent). Ashton is Operator of the programs. Ashton is a diamond exploration company with interests in a wide range of properties in Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy. . It is 62 percent-owned by Ashton Mining Limited of Australia, a leading explorer, producer and marketer of diamonds which holds an interest of 40.1 percent in the Argyle diamond mine The Argyle diamond mine () is a diamond mine located in the north-east of Western Australia. in northwestern Australia. CONTACT: Ashton Mining of Canada Inc. John S. Auston or Susan Morrison, 604/ 983-7750 |
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