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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

Post by ernesto47on Sep 20, 2024 1:18am
215 Views
Post# 36232457

It is hard to keep cool.....

It is hard to keep cool.....but I think Derek will sort this mess out during the coming weeks.
How could it be, you rebuild a mining situation in B.C., the only one
during the last let's say 5 years. You start powering gold in a small way, waiting for the highgrade stuff, big tonage, and you find out further troubles for digging in the underground on both sites. Their problem it seems, they hired too late those operators and underestimated what could occure wrong timewise!
Let us hope for the best! GLTA
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