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Ashton Mining of Canada Inc.: Winter Field Program Now Underway in Quebec.


Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 14, 2002

Ashton Mining (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:ACA ACA - Application Control Architecture ) Robert T. Boyd, 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. ("Ashton" or the "Corporation") is pleased to announce the commencement of the winter 2002 field program in Quebec. Ashton and SOQUEM INC. ("SOQUEM") have been exploring for diamonds in Quebec since 1996 in an equal joint venture that currently holds more than 260,000 hectares of highly prospective mineral permits. The winter program includes the collection of a small mini-bulk sample from Renard 2 and the identification of new drill targets in the Otish Mountains region.

Renard 2

As reported on December 17, 2001, microdiamond testing of a 163.1 kg sample from the Renard 2 kimberlitic body discovered in 2001 returned 116 microdiamonds and 29 macrodiamonds. The first objective of the current program is to collect a minimum one tonne mini-bulk sample from Renard 2. The second objective is to define the shape and size of Renard 2 through delineation drilling and additional geophysical surveys Geophysical survey refers to the systematic collection of geophysical data for spatial studies. Geophysical surveys may use a great variety of sensing instruments, and data may be collected from above or below the Earth's surface or from aerial or marine platforms. .

Target Generation

Indicator mineral results from till samples collected in 2000 and 2001 in the vicinity of the diamondiferous Renard 1 and Renard 2 bodies imply the presence of additional kimberlitic intrusions in the area. The geochemical compositions of many of these indicator minerals are suggestive of suggestive of Decision making adjective Referring to a pattern by LM or imaging, that the interpreter associates with a particular–usually malignant lesion. See Aunt Millie approach, Defensive medicine.  the presence of a diamondiferous source rock. Ground geophysical surveys will be conducted over approximately 10 airborne magnetic anomalies Magnetic Anomaly may refer to:
  • Kursk Magnetic Anomaly
  • Tycho Magnetic Anomaly
 in the anomalous indicator mineral areas. The highest priority targets will then be drilled. In addition, a detailed helicopter-borne magnetic and electromagnetic survey will be flown over the Renard area to identify new targets for ground follow-up.

SOQUEM is a wholly-owned subsidiary of SGF SGF Svenska Golfförbundet (Swedish Golf Federation)
SGF Société Générale de Financement (Quebec, Canada)
SGF Smart Game Format
SGF Simulated Gastric Fluid
 Minerals Inc., which is a subsidiary of the Societe Generale de Financement du Quebec ("SGF"). The mission of the SGF is to carry out economic development projects in cooperation with partners and in accordance with accepted requirements of profitability.

Ashton is the operator of the exploration programs and Brooke Clements, Professional Geologist and Ashton's Vice President, Exploration, is responsible for their design and conduct.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 14, 2002
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