Vancouver — Ashton Mining of Canada (ACA-T) is gearing up to drill-test at least two anomalies over the Perseus kimberlite dyke system on the Ric property in Nunavut.
Slated for August, the program is designed to better define the dimensions of the dyke, which was discovered in September. The company subsequently collected a 211-kg sample from five drill holes. The results yielded 55 microdiamonds (being greater than 0.1 mm and less than 0.5 mm in all dimensions.
Ashton made the find after a sampling program uncovered diamonds in the till. An initial 25-kg till sample and a follow-up 100-kg sample yielded a total of 14 microdiamonds. Another till sample, collected 500 metres to the east, contained a macrodiamond measuring 0.85 mm by 0.6 mm by 0.6 mm.
Follow-up prospecting in the area revealed abundant kimberlite float widely distributed over a strike length of 1.4 km. Four separate samples of the float all contained diamonds. The best results were evident in a 31-kg sample that which returned nine micros. This sample occurs in a 300-metre-wide indicator mineral train that leads to a small (400-by-600-metre) lake. The lake is associated with a geophysical anomaly.
Situated 250 km northwest of Yellowknife, the Ric property is part of the Slave regional joint venture between Ashton and Pure Gold Minerals (PUG-T). Ashton has an 84.5% interest in the package. The remainder is held by Pure Gold.
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