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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

Comment by Shadow10on Apr 12, 2024 10:44pm
142 Views
Post# 35987158

RE:RE:RE:RE:Spot Gold US$2420 ; Spot Silver US$29.60

RE:RE:RE:RE:Spot Gold US$2420 ; Spot Silver US$29.60I think that he is saying that staying with one asset has it's set backs . Maybe buy some propety that has good grades and too fare away ,but can't afford to build a mill and keeps our mill running longer? Maybe merge with who knows , Ccori Apu's with their mine in Peru ? I think with all the money we will make they will be able to drill a hell of a lot and their is a lot of gold on this property.
What ever they do it will have to have the share holders vote on it when it comes to merge or sell.
There's lots of gold and we need a new 43-101 sooner then later. It's been four years since the last one and once the mill is up and running, i think they owe it to the share holders to put it out. 
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