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Ascot Resources Ltd.
Summary
| Project: | Premier | |
|---|---|---|
| Deposit: | Big Missouri | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 7/25/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 25-7-2019: Ascot Resources Ltd. announces an Exploration/Drilling Update report for its Big Missouri deposit at the Premier project. Drilling results incl. 5.00m @ 66.28g/t Au from 56.5m. VANCOUVER, British Columbia, July 25, 2019 -- Ascot Resources Ltd ( | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Kiernan (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, July 25, 2019 -- Ascot Resources Ltd (TSX.V: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce the third set of results from its 2019 drill program at the Premier Project (“Premier”) located near Stewart in northwestern British Columbia. In late April, the Company commenced its 2019 drill program and related development activities at the Premier site. This news release summarizes the third batch of results consisting of 24 drill holes. All holes in the release 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, “In this latest round of drilling we encountered some impressive, near-surface visible gold (see Figure 1) and high-grade intercepts. These intercepts are contained within broad mineralized zones of approximately 4 to 5 meters thickness. These drill results continue to confirm our belief in the high-grade nature of the Big Missouri deposit. We still have a significant amount of exploration work to do, including south of Silver Coin where we are now drilling geophysical anomalies outside of known resources. We will continue to update our shareholders with additional drill results as soon as they become available.” | |
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