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Ascot Resources Ltd.
Summary
| Project: | Premier | |
|---|---|---|
| Deposit: | Silver Coin | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 10/9/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 9-10-2019: Ascot Resources Ltd. announces an Exploration/Drilling Update report for its Silver Coin deposit at the Premier project. Drilling results incl. 11.73m @ 7.62g/t Au, 36.4g/t Ag from 119.00m. VANCOUVER, British Columbia, Oct. 09, 2019 -- Ascot Re | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Kiernan (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Oct. 09, 2019 -- Ascot Resources Ltd (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce the second set of drill results from the Silver Coin deposit. Silver Coin was acquired in October 2018 and is located approximately 5km to the north of the Premier mill at Ascot’s Premier Project (“Premier”) near Stewart in northwestern British Columbia. The results in this news release summarize a portion of the 10,500m program at the Silver Coin deposit. The Company has completed in excess of 50,000m of drilling at its Premier Project in 2019. Derek White, President and CEO of Ascot commented, “The Silver Coin deposit continues to deliver high-grade intercepts for Ascot. Our team is busy integrating the new resources into our operational plans. The known mineralization at Silver Coin occupies a relatively small part of the larger property. The surrounding area holds high potential for exploration and our drilling in September has included some targets away from the established resources. We will continue to report the results from this promising asset as they become available.” | |
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