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Ascot Resources Ltd T.AOT

Alternate Symbol(s):  AOTVF

Metals & Mining Gold
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

Ascot Resources Ltd > New Press Release - Ascot Announces C$5.0 Million Non-Brokered Flow Through Private Placement
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Comment by tomgraniteon May 09, 2024 1:13am
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Post# 36030406

RE:New Press Release - Ascot Announces C$5.0 Million Non-Brokered Flow Through Private Placement

RE:New Press Release - Ascot Announces C$5.0 Million Non-Brokered Flow Through Private PlacementFlow through funding which is very tax efficient way of paying for exploration.

Done at 83c which is higher than current SP so dilution is reduced. I'm quite happy if it means more gold can be added to our resource. 
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