Ascot Resources Ltd. is pleased to announce that drilling at the North Star prospect has intercepted high-grade gold mineralization with individual intervals greater than 10g/t gold in every drill hole that was completed. Additional high-grade intercepts were added in the Big Missouri zone. Ten holes were completed at the Martha Ellen prospect. Highlights of this release include: 8.90m of 9.85g/t Au and 104.8g/t Ag in [...]
Ascot Resources Ltd is pleased to announce that further to its press release dated September 7, 2018, it has closed the non-brokered private placement of 3,000,000 flow-through common shares at a price of C$1.00 per FT Share for gross proceeds of C$3,000,000 . In connection with the Offering, the Company paid finder’s fees in cash in the amount of $190,125 equal to 6.5% of the $2,925,000 raised by the finders and [...]
Ascot Resources Ltd is pleased to announce that drilling to the west of the 602 and 609 zones at Premier has extended mineralization 150 metres from the resource area . Drilling at Big Missouri continues to add high-grade gold intercepts. Highlights of this release include: 20.0m of 8.04g/t Au and 21.4g/t Ag in hole P18-1743 at the western extension of Premier 6.0m of 11.49g/t Au and 9.3g/t Ag in hole P18-1812 at the [...]
Ascot Resources Ltd. is pleased to announce that, subject to regulatory approval, it will undertake a non-brokered private placement offering to a consortium of accredited investors of up to 3,000,000 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act ) at a price of C$1.00 per Flow-Through Share for gross proceeds of up to $3,000,000. In connection with the Offering, the Company [...]
Ascot Resources Ltd is pleased to announce that an induced polarisation test survey at Premier has successfully detected known mineralization. Derek White, President and CEO of Ascot Resources commented, “I was pleasantly surprised with the success of this test survey and how well it shows areas of known gold mineralization. The test survey also identified a previously unknown anomaly to the southwest of the Premier [...]
Ascot Resources Ltd is pleased to announce that drilling at the Big Missouri ridge has continued to intercept high-grade gold mineralization at all three known horizons: the Province zone close to surface; the Big Missouri zone at a depth of 160-200m; and an unnamed zone 100m below the Big Missouri zone. In addition, gold mineralization has been intercepted at the separate Unicorn zone. All areas are located at the [...]
Ascot Resources Ltd is pleased to announce that it has entered into definitive agreements with Jayden Resources and Mountain Boy Minerals to acquire a 100% interest in the Silver Coin property in northwestern British Columbia. Location of the Silver Coin property Highlights of the Silver Coin Property Approximately 244,000 AuEq1 ounces of high- grade resources with significant exploration upside that adjoins the Ascot [...]
Ascot Resources Ltd is pleased to announce that drilling at Big Missouri has intercepted high-grade gold mineralization in the Unicorn and Province zones. Highlights of this release include: Plan view of the S1 pit area at Big Missouri showing the location of the Unicorn and Province zones, pad locations and drill traces of the drill holes reported in this release . Table five details the coordinates of all new drill [...]
Ascot Resources is pleased to announce that drilling at Big Missouri continues to identify new gold mineralization while drilling at Premier/Northern Lights demonstrates that this area of the current resource still has room to grow. Notable intercepts in this release include: Plan view of the S1 pit area at Big Missouri 4.29m of 8.07g/t AuEq* in hole P18-1661 at Big Missouri 5.5m of 7.74g/t AuEq in hole P18-1665 at Big [...]
VANCOUVER, British Columbia, June 25, 2018 -- Ascot Resources Ltd is pleased to announce that drilling at a second target area, the Big Missouri ridge, located approximately 5km north of the Premier/Northern Lights area, has intercepted high-grade zones. The most notable intercepts are 7.3m of 15.34g/t AuEq* in hole P18-1652 and 7m of 10.34g/t AuEq in hole P18-1617. Ascot is currently undertaking a drill program north of [...]
VANCOUVER, British Columbia, May 29, 2018 -- Ascot Resources Ltd is pleased to announce initial drilling results of the first eleven holes from the 602 zone at the Company’s flagship Premier-Dilworth project. Several holes intercepted wide intervals of high-grade gold mineralization including 12.1m of 11.65g/t gold in hole P18-1605 and 9.61m of 24.64g/t gold in hole P18-1609. Plan view of the 602 zone showing the [...]
3.11 million ounces gold equivalent in the indicated category* 2.12 million ounces gold equivalent in the inferred category* VANCOUVER, British Columbia, May 10, 2018 -- Ascot Resources Ltd is pleased to announce an updated NI 43-101 resource estimate for its flagship Premier-Dilworth property in British Columbia’s Golden Triangle. The additional resource includes high-grade zones from the Premier and Northern [...]