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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 [...]
Ascot Resources Ltd. announces the Company's audited consolidated financial results for the year ended December 31, 2019. For details of the audited consolidated financial statements, Management's Discussion and Analysis, and Annual Information Form for the year ended December 31, 2019, please see the Company's filings on SEDAR www.sedar.com. Derek White, President and CEO, commented, "Ascot had another busy year in 2019 [...]
Ascot Resources Ltd. provides notice that a National Instrument 43-101 technical report has been filed with Canadian securities regulators for the Premier Gold Project in British Columbia. The new technical report called “Resource Estimate Update for the Premier Gold Project, Stewart, British Columbia, Canada” has an effective date of December 12, 2019 and is available under the Company’s profile on [...]
Ascot Resources Ltd. is pleased to announce that further to its press release of February 5 2020, it has closed the non-brokered private placement of 5,126,250 flow-through shares at a price of C$0.98 per Flow-Through Share, and 8,170,588 common shares at a price of C$0.64 for aggregate gross proceeds of C$10.3 Million. Derek White, President and CEO, commented, “Ascot will use the proceeds from the flow-through [...]
Ascot Resources Ltd. is pleased to announce a non-brokered private placement offering of up to 7,812,500 common shares and up to 5,102,041 flow-through shares for aggregate gross proceeds of C$10,000,000. Each Common Share is offered at a price of C$0.64 and each FT Share is offered at a price of C$0.98. Derek White, President and CEO, commented, “I’m pleased with the support that Ascot has received from its [...]
Ascot Resources Ltd. is pleased to announce an updated Resource Estimate for the Premier Gold Project including the Silver Coin, Big Missouri and Premier deposits . The Company, previously released an updated Red Mountain Project Resource Estimate dated November 22, 2019. Highlights: Resources at Premier Gold Project contained precious metals are: Indicated Category: 1,066,000 ounces of gold and 4,669,000 ounces of silver [...]
Ascot Resources Ltd. is pleased to announce further outstanding results from drill holes completed in the Silver Coin deposit of Ascot’s Premier Gold Project near Stewart in northwestern British Columbia. Highlights from 30 drill holes reported in this release include: 30.81g/t Au over 6.69m in hole P19-2137 28.96g/t Au over 3.20m in hole P19-2136 12.24g/t Au over 4.59m in hole P19-2130 The Silver Coin deposit is [...]
Ascot Resources Ltd. is pleased to announce high-grade silver drill results from exploration drilling at the Silver Hill target in the northeastern part of the Premier property as a follow up to high-grade grab samples reported in the Company’s news release of November 7, 2019. Highlights of this release include: 880g/t silver over 1.00m in hole P19-2170 787g/t silver over 1.00m in hole P19-2170 220g/t silver over [...]
Ascot Resources Ltd. is pleased to announce the results from forty-two drill holes completed at the Big Missouri deposit of Ascot’s Premier Gold Project near Stewart in northwestern British Columbia. These results should be considered in conjunction with previous news releases on Big Missouri dated June 27, July 17, July 25, August 8 and August 27. Highlights of this release include: 22.54g/t Au over 5.50m in hole [...]
Ascot Resources Ltd. is pleased to announce high-grade gold results from exploration drill holes completed in a potential discovery to the west of the Premier deposit near Stewart, British Columbia. Highlights of this release include: 17.29g/t Au over 3.58m in hole P19-2177 12.83g/t Au over 4.20m in hole P19-2177 15.30g/t Au over 1.0m in hole P19-2180 In its news release from November 7, 2019, the Company announced a gold [...]
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