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Ascot Resources Ltd.

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Summary

Project:

Premier

Deposit:Big Missouri
Location:Canada
Commodities:Gold-Silver
Date:8/8/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing PEA
Report details:8-8-2019: Ascot Resources Ltd. announces an Exploration/Drilling Update report for its Big Missouri deposit at the Premier project. Drilling results incl. 7.00m @ 6.57g/t Au, 10.9g/t Ag from 39.22m. VANCOUVER, British Columbia, Aug. 08, 2019 -- Ascot Reso
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: John Kiernan (Internal)
ABSTRACT:VANCOUVER, British Columbia, Aug. 08, 2019 -- Ascot Resources Ltd (TSX.V: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce the fourth 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 three sets of results so far. This news release summarizes the results from the fourth set of 34 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, “We are very pleased with the progress of our drill program at Premier. The infill drilling continues to produce high-grade intercepts and affirms the modeled zones of mineralization leading into a resource update later in the year. We are also getting the first glimpses of encouraging results from our exploration program outside of the known resources. We have not yet received assays but visual indications are positive. Currently there are three rigs turning at the Silver Coin property with initial assays expected shortly while additional drilling is focused on exploration.”

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