Ascot Resources Ltd T.AOT

Alternate Symbol(s): AOTVF

Metals & Mining Industrial Metals & Minerals

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.

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Ascot Resources Ltd

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Post by RustyDusty85on Sep 11, 2016 11:34am

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Post# 25226132

New Video From Ascots Geo Lawrence Tsang - Mining.com

Great information on the current drill season with some hard numbers to look at. This should spark a little more excitement for us!

-The fifth drill is doing infill drilling which was hard to confirm before.
-Have drilled roughly 37000 meters to date
-Should Complete around 65000-70000 meters this season
-Once again confirmation that the final option payment will be made this season
-Potential for high grade defining on the northern part of the property with plans on infill drilling for the high grade on Big Missouri as they have a better geological understanding now. Sounds like it's planned for next season.

Video released September 10

https://www.youtube.com/watch?v=TctskAkKVdA

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