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Ascot Resources Ltd.
Summary
| Project: | Premier | |
|---|---|---|
| Deposit: | Big Missouri | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Zinc | |
| Date: | 6/25/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 25-6-2018: Ascot Resources Ltd. announces an Exploration/Drilling Update report for its Big Missouri deposit at the Premier project. Drilling results incl. 18.5m @ 9.48g/t Au, 4.0g/t Ag from 156.0m. VANCOUVER, British Columbia, June 25, 2018 -- Ascot Reso | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Graeme Evans, Lawrence Tsang (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, June 25, 2018 -- Ascot Resources Ltd (TSX.V:AOT) (OTCQX:AOTVF) (“Ascot” or the “Company”) is pleased to announce that drilling at a second target area, the Big Missouri ridge, located approximately 5km north of the Premier/Northern Lights area, has intercepted high-grade zones. The most notable intercepts are 7.3m of 15.34g/t AuEq* in hole P18-1652 and 7m of 10.34g/t AuEq in hole P18-1617. Ascot is currently undertaking a drill program north of the Premier/Northern Lights area as part of developing a second high-grade resource (see Figure 1). Derek White, President and CEO of Ascot Resources commented, “Ascot is excited about the initial drill results from the Big Missouri area, especially to the southwest of the old S1 pit. These results clearly demonstrate the potential to outline highgrade zones in this area that can be valuable additions to the resource base at Premier/Northern Lights. The Company’s vision of re-starting the Premier mill with sufficient feed has just received a strong boost by these excellent results from Big Missouri | |
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