Ascot Resources Ltd. is pleased to announce spectacular high-grade gold intercepts from the second batch of ten drill holes from Premier West at the Company’s Premier Project . The results from these drill holes add to the strong results reported in the news release of July 29, 2020. The impressive gold grades are close to the proposed mining areas outlined in the feasibility study adding significant value to the [...]
Ascot Resources Ltd. announces the Company’s unaudited financial results for the three and six months ended June 30,2020 . For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and six months ended June 30, 2020, please see the Company’s filings on SEDAR . All amounts herein are reported in $000s of Canadian dollars unless otherwise [...]
Ascot Resources Ltd. is pleased to announce high gold grades in the first seven drill holes of the 2020 season. The drill site is strategically located to the west of the Premier deposit , potentially adding to existing resources outlined in the feasibility study. The significance of this prospective corridor is further highlighted by high gold grades in surface grab samples even further along strike to the west at Hope [...]
Ascot Resources Ltd. is pleased to announce the 2020 exploration program at the Company’s Premier Gold Project and the Red Mountain Project near Stewart in northwestern British Columbia. The Company has developed and implemented a COVID-19 plan to ensure the safety of employees as well as the community of Stewart where the exploration team is based as opposed to a remote camp operation. The Company is conducting its [...]
Ascot Resources Ltd. is pleased to announce that it has closed its previously announced bought deal financing . A total of 29,412,000 common shares of the Company were sold under the Offering at a price of C$0.85 per Share for aggregate gross proceeds to the Company of C$25,000,200. The Offering was conducted by a syndicate of underwriters co-led by Desjardins Capital Markets and Stifel GMP and including Paradigm Capital [...]
Ascot Resources Ltd. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Desjardins Capital Markets and Stifel GMP, pursuant to which the Underwriters have agreed to purchase, on a bought‐deal basis, 29,412,000 common shares of the Company at a price of C$0.85 per Share for aggregate gross proceeds to the Company of C$25.0 million . The Underwriters have been granted an [...]
Ascot Resources Ltd. is pleased to announce that it has filed on SEDAR the Premier & Red Mountain Gold Project Feasibility Study NI 43-101 Technical Report prepared by Sacre-Davey Engineering Inc. as previously announced on April 15, 2020 The FS, prepared for the Company’s 100% owned Premier and Red Mountain Gold Project located in the Golden Triangle near Stewart, British Columbia, Canada, supports robust economics [...]
Ascot Resources Ltd. announces the Company’s unaudited financial results for the three months ended March 31, 2020 . For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three months ended March 31, 2020, please see the Company’s filings on SEDAR . All amounts herein are reported in $000s of Canadian dollars unless otherwise specified. Q1 2020 [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the OTC Markets Metals & Mining Virtual lnvestor Conference presentations are now available for on-demand viewing. https://tinyurl.com/May2020Metals-MiningVIC The company presentations [...]
Metals & Mining Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming OTC Market's Metals & Mining Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of metals [...]
Ascot Resources Ltd. is pleased to announce robust results for an independent Feasibility Study prepared in accordance with a National Instrument 43-101 Technical Report for its 100% owned Premier and Red Mountain gold projects located in the Golden Triangle near Stewart, British Columbia, Canada. The Study outlines a low capital restart plan to feed the Premier mill at 2500 tonnes per day to produce approximately 1.1 [...]
Ascot Resources Ltd. reports that the Company continues to work efficiently and as quickly as possible to complete its Feasibility Study for the combined Premier and Red Mountain Gold projects. Despite best efforts, the announcement is now anticipated for mid-April. Derek White, President and CEO, commented, We are pleased with the progress to date, understandable minor delays, in-part due to consequences of Covid-19 [...]