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 > Ascot Provides Update on Premier Gold Project

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Comment by TrueGoldon Jan 25, 2022 1:43pm

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Post# 34358851

RE:RE:Ascot Provides Update on Premier Gold Project

WOW off by almost 30% on the Capital Estimates.

QUESTION FOR THE BOARD: What is the estimate for the first year of production in ounces of gold produced?

I have never seen this discussed or presented by the company. I've heard 175,000 ounces a year but is that off the get go?? Or will it take a year to to reach that number.

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