Exploration success near Merlin raises Ashton's hopes

TAKEOVER target Ashton Mining hopes its latest exploration results in the Northern Territory may lead to the discovery of an additional diamondiferous source in the area of its Merlin Mine.

A recently processed 50 tonne bulk gravel sample excavated from a drainage site on one of its tenements close to the Merlin Mine area yielded 71 diamonds greater than 0.

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