For thousands of other reports visit RSC's Mineral Intellingence Map
Ascot Resources Ltd.
Summary
| Project: | Premier | |
|---|---|---|
| Deposit: | Premier | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Zinc | |
| Date: | 11/16/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-11-2016: Ascot Resources Ltd. announces an Exploration/Drilling Update report for its Premier deposit at the Premier project. Drilling results incl. 12.27m @ 16.73g/t Au, 51.1g/t Ag, 2.33% Zn from 51.73m. The Premier property covers more than one hundr | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Graeme Evans (Not stated) | |
| 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. In its latest set of results from its expanded 2016 drill program the Company announces hole P16-1169 in the Lunchroom Zone area which intersected an uncut average of 114.00 g/t gold over a core length of 1.26 meters within a broader interval grading 15.28 g/t Au over 13.30 meters. The Lunchroom zone has numerous high grade values as demonstrated in the present release including P16-1178 which intersected an uncut average of 100.00 g/t gold over a core length of 1.00 meters within a broader interval grading 16.73 g/t Au over 12.27 meters. The 2016 drilling is testing the flat lying eastern extension of the Lunchroom zone which potentially links the northwest trending Lunchroom zone into the historic glory hole area to the east. This release is the 8th for the season reporting 21 holes P16-1161-1181, previous results were released on June 8th, July 5th, July 21st, August 11th, September 12, October 14 and Nov.7, 2016. Results will be released as they become available, 43 holes are still pending. Ascot drilled 69,123 meters in 279 holes in 2016. Detailed results table, locations and figures can be viewed at the following Ascot link: www.ascotresources.ca | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report