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Ascot Resources Ltd T.AOT

Alternate Symbol(s):  AOTVF

Ascot Resources Ltd. is a development and exploration company. The Company operates through two segments: the development of the Project and exploration and evaluation of Mt. Margaret. It is focused on re-starting the past producing Premier gold mine located in British Columbia's Golden Triangle. The Silver Coin, Big Missouri, and Premier deposits, collectively known as the Premier Gold Project (PGP) are located near the processing facility on the Premier Mine site. The PGP covers about 8,133 hectares (ha). Its Red Mountain Project (RMP) is located 23 kilometers (km), southeast in an adjacent valley. RMP consists of about 47 contiguous mineral claims for a total of approximately 17,125 ha. Its Premier and Red Mountain Gold Projects supply gold and silver ores to the process plant. It also has two other properties, including Swamp Point, an aggregate project located in British Columbia and Mt. Margaret, a porphyry copper-molybdenum-gold-silver deposit located in United States.


TSX:AOT - Post by User

Bullboard Posts
Post by LizardoKingoon Aug 20, 2014 8:30pm
216 Views
Post# 22862842

AOT - Largest Gold Mine in Canada ?

AOT - Largest Gold Mine in Canada ?Well been involved in a lot of stories over the years that never really panned out for one reason or another. But was told about this a few months ago and with the management group in place that probably own half the float, you know they would not waste there time unless it was a home run. OK maybe not a home run but atleast a 5-10 bagger. We got ourselves some gold here. The latest drill results had to be sent back for retesting given the results they delivered.Hence the delay.  Given the history of gold in this area, the mgmt team, 3-4 rigs going gang busters now and the potential to drill for another 3-4 months. Rumours are rampant we got ourselves a huge find here. What you have seen in the last week is nothing compared to the run we are gonna have. Put on your seatbelt.......the ride is about to take place !

Look at that late day bid ! yowza !
Bullboard Posts