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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
Comment by capiton Oct 29, 2020 5:22pm
113 Views
Post# 31808911

RE:RE:RE:RE:RE:RE:RE:RE:One thing I forgot to ask......

RE:RE:RE:RE:RE:RE:RE:RE:One thing I forgot to ask......Agree 100% with your post / timing of events. Would just like to add the potential bonus we will receive over and above the re-rate we will get once financing is finalized. Not sure if any of you caught Derek's confidence that we will exceed 200 oz/yr when discussing the benifits the SAM will have on our operation ... Engineering I believe will be completed by end of February .... Increased ounces = lower cost per ounce to produce and we were already in the lowest 10 percentile of mines in production. The other potential boost we may get in the short term is a monster hole at Silver Hill and the result we are waiting on is the hole that seemed to go right through the center of what looked like the heart of the electrical chargeability of the POTENTAL mineral resource ... Note it would just be a bonus, we will do VERY well if S.H. is a dud. Stay positive we are nearing the end of the BORING phase
Bullboard Posts