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Ascot Resources Ltd.
Summary
| Project: | Premier | |
|---|---|---|
| Deposit: | Premier | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Zinc | |
| Date: | 11/7/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 7-11-2019: Ascot Resources Ltd. announces an Exploration/Drilling Update report for its Premier deposit at the Premier project. Drilling results incl. 1m @ 9.7g/t Au, 15g/t Ag, 2.14% Zn from 53.00m. VANCOUVER, British Columbia, Nov. 07, 2019 -- Ascot Reso | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Kiernan (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Nov. 07, 2019 -- Ascot Resources Ltd (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce results from surface exploration at the Silver Hill Prospect, nine kilometres north of the Premier mill. Over the course of the past two drill seasons, the Company has had success discovering gold to the immediate west of the Premier deposit. Geotechnical drilling near a proposed portal location at Premier intercepted a potential new gold zone that is located along the western projection of the 609 and 602 zones. Drill hole P19-2166 was drilled almost horizontally along the axis of a proposed portal location. While logging the hole, an Ascot geologist spotted a quartz vein with sphalerite, pyrite and visible gold towards the bottom of the hole. The core was subsequently cut and sent off for assay. | |
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