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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 Whampoaon Nov 10, 2024 6:55pm
153 Views
Post# 36305931

2024 EXPLORATION PROGRAM

2024 EXPLORATION PROGRAM


2024 EXPLORATION PROGRAM
The drill program for the 2024 field season was conducted almost entirely in the third quarter of the year. The program concluded in early September after completion of 11,347 metres of drilling in 85 drill holes. The program successfully complimented the existing drill pattern at Big Missouri, focusing on large gaps and thinly drilled areas that were difficult to access due topography. The program focused on the parts of the deposit that are closest to surface and that would be very difficult to target from underground. The drillholes generated a detailed geological picture in these areas. The geological model has been fine tuned through several iterations and was confirmed in its overall geometry and orientation by this latest drilling as mineralization was generally intercepted close to where it was expected. More detail has been added to the dyke and breccia models that will be very useful for resource updates in the future.

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