Vancouver — The results from the latest mini-bulk sample has prompted Ashton Mining of Canada (ACA-T) to stop work on the K6 kimberlite on the Buffalo Hills property in north-central Alberta.
The 5.7-tonne sample was collected from a single hole drilled into the centre of a ground gravity anomaly some 100 metres south of a previous mini-bulk sample, which returned an estimated diamond content of 6.3 carats per 100 tonnes. The newest results yielded an estimated diamond content of 9.4 carats per 100 tonnes with the largest stone weighing 0.16 carat.
The kimberlite was discovered in 1997 and lies 500 metres southeast of the K252 kimberlite body. Based on the results, Ashton is not planning further work on the K6 body.
Both Ashton and Alberta Energy Company, a subsidiary of EnCana (ECA-T) hold 45% interest in the Buffalo Hills property. Pure Gold Minerals (PUG-T) has the remaining 10% stake.
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