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Ascot Resources Ltd AOTVF


Primary Symbol: T.AOT

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

Comment by Shadow10on Jan 15, 2024 3:29pm
143 Views
Post# 35827594

RE:RE:Pretty quiet

RE:RE:Pretty quietJust wondering if you listened to Campbell at Amwest Capital talking to Derek White about delution?
Derek was saying they would be using royalty companies to but back a 5% NSR for 14 million  from boliden and and find ways to get assistance from there largest share holder that it would have minimal delution to the share holders.
Ascot has 80 millioon in the bank and it will take 70 million to finish the mine . They will need a bit more in case  the tailings pond has gone over the budget and to get it up and running for the first pour of gold.
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