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Ascot Resources Ltd.
Summary
| Project: | Premier | |
|---|---|---|
| Deposit: | Northern Lights | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Zinc | |
| Date: | 7/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-7-2017: Ascot Resources Ltd. announces an Exploration/Drilling Update report for its Northern Lights deposit at the Premier project. Drilling results incl. 52.4m @ 5.17g/t Au, 10.6g/t Ag, 0.31% Zn from 295.6m. The Premier property covers more than one | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Graeme Evans, Lawrence Tsang (Internal) | |
| ABSTRACT: | The Premier property covers more than one hundred square kilometres near the town of Stewart in northwest BC, and includes the old Premier Mine, a past producer of 2.1 MOz Au and 44.9 MOz Ag. This release is the fourth for the 2017 season reporting 35 holes P17-1331-1366 (Hole 1350 still pending). At present, seven Ascot owned drill rigs are operating on the property. To date 177 holes have been completed in 55,133 meters of drilling. Thirty-six drill holes are presently pending results and results will be released as they become available. Detailed results table, locations and figures can be viewed at the following Ascot link: www.ascotgold.com . A new subzone is being defined below the Ben Subzone with a similar gentle westerly plunge. Recent results from this zone include P17-1313 with 70.70 g/t Au over 1.00 meter within a wider interval grading 10.31 g/t Au over 11.90 meters. A previously reported hole in this target area P17-1269, returned 1135.00 g/t Au over 0.50 meter within a broader zone of 36.31 g/t Au over 16.15 meters. This subzone also remains open in both plunge directions. | |
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