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Ascot Resources Ltd.
Summary
| Project: | Premier | |
|---|---|---|
| Deposit: | Big Missouri | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 8/27/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 27-8-2019: Ascot Resources Ltd. announces an Exploration/Drilling Update report for its Big Missouri deposit at the Premier project. Drilling results incl. 34.00m @ 2.04g/t Au, 9.7g/t Ag from 18.00m. VANCOUVER, British Columbia, Aug. 27, 2019 -- Ascot Res | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Kiernan (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Aug. 27, 2019 -- Ascot Resources Ltd (TSX.V: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce the fifth set of results from its 2019 drill program at the Premier Project (“Premier”) near Stewart in northwestern British Columbia. The Company commenced its 2019 drill program in April and has released four batches of results so far. This news release summarizes the results from the fifth batch of 23 drill holes of the 2019 program. All holes were drilled in the vicinity of the S1 pit at the Big Missouri Ridge located about 5km to the north of the Premier mill. Derek White, President and CEO of Ascot Resources commented, “One of our goals in 2019 was to improve the confidence and knowledge of our resources by drilling closely spaced drill patterns required for economic studies and future financing requirements. The results to date speak for themselves as we continue to report high-grade hits in the mineralized zones. With the infill drilling nearing completion, our focus is shifting to exploration drilling in highly prospective areas outside of our known resources.” | |
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