Ashton Mining of Canada Inc.

Ashton Mining of Canada Inc.

December 20, 2006 16:30 ET

Ashton Appoints New Interim President and CEO

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 20, 2006) - Mr. Brian Irwin, Chairman of the Board of Ashton Mining of Canada Inc. ("Ashton" or the "Corporation") (TSX:ACA), is pleased to announce the interim appointment of Mr. Matt Manson as the Corporation's President and Chief Executive Officer. Mr. Manson will hold this position until the completion of Ashton's amalgamation with a wholly-owned subsidiary of Stornoway Diamond Corporation. As reported on December 18, 2006, a shareholders' vote to approve this transaction is scheduled to take place at a special meeting of shareholders on January 15, 2007.

Mr. Manson is currently the President and CEO of Contact Diamond Corporation, a position he has held since 2005. Between 1999 and 2005, he was employed by Aber Diamond Corporation as Vice President Marketing and subsequently Vice President Technical Services & Control. Mr. Manson has over 13 years of experience in diamond exploration, development and production.

Mr. Manson replaces Mr. Robert T. Boyd, who tendered his resignation earlier today. The Board of Directors would like to thank Mr. Boyd for his significant contributions to the Corporation through his leadership and vision during six and a half years with Ashton. During his tenure, Ashton's Renard diamond project in Quebec has progressed from an early stage grassroots concept to pre-feasibility stage evaluation.

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