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Ascot Resources Ltd.
Summary
| Project: | Premier | |
|---|---|---|
| Deposit: | Big Missouri | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 7/17/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-7-2019: Ascot Resources Ltd. announces an Exploration/Drilling Update report for its Big Missouri deposit at the Premier project. Drilling results incl. 1.65m @ 56.80g/t Au, 58.0g/t Ag from 112.10m. VANCOUVER, British Columbia, July 17, 2019 -- Ascot R | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Kiernan (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, July 17, 2019 -- Ascot Resources Ltd (TSX.V: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce another set of results from its 2019 drill program at the Premier Project (“Premier”) near Stewart in northwestern British Columbia. In late April, the Company announced the commencement of its 2019 drill program and related development activities followed by a news release on June 27, reporting the initial drill results from that program. This news release summarizes the results from the second batch of 15 drill holes of the 2019 program. All holes were drilled to the west and north of the S1 pit at the Big Missouri Ridge. Derek White, President and CEO of Ascot Resources commented, “There is a lot of activity at site with a number of drill rigs operating. The drilling is now focused on the Silver Coin deposit, the 602 zone at Premier and several high priority exploration targets identified by Induced Polarization (“IP”) outside the known resource areas. Assay turn-around time has been a bit slow but should improve with the on-site prep lab now fully operational. Engineering studies are progressing on schedule and the Company remains focussed on completing its 2019 program.” | |
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