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 calmandquieton Nov 07, 2020 11:09am

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Post# 31857443

Underground drilling - beginning of 2021

Watched the German Gold Show presentation a second time… missed this tidbit yesterday:

Lars Beggerow: “the inferred resources that we’ve defined, we want to start on the mine and we want to turn those into reserves, so at the beginning of next year we will go into underground drilling.”

This explains why he mentioned possibly issuing drilling shares. Ascot should have some interesting news flow in the first half of next year.

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