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Ascot Resources Ltd.
Summary
| Project: | Premier | |
|---|---|---|
| Deposit: | Big Missouri, Northern Lights | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 6/27/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-6-2019: Ascot Resources Ltd. announces an Exploration/Drilling Update report for its Big Missouri, Northern Lights deposit at the Premier project. Drilling results incl. 1.0m @ 66.30g/t Au, 23.00g/t Ag from 4.30m. VANCOUVER, British Columbia , June 27 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Kiernan (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia , June 27, 2019 -- Ascot Resources Ltd (TSX.V: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce initial results from its 2019 drill program at the Premier Project (“Premier”) near Stewart in northwestern British Columbia. In late April, the Company announced the commencement of its 2019 drill program and related development activities. This news release summarizes the results from the first eighteen drill holes at Northern Lights near the Premier mill and Big Missouri, five kilometres north of the mill. Derek White, President and CEO of Ascot Resources commented: “The 2019 drill program is off to a very good start and excellent progress is being made on a number of parallel development activities at the site. The Company commenced drilling in April at Northern Lights and once the snow cleared in mid-May, moved to the Big Missouri Ridge where to date approximately 13,500 metres of drilling have been completed. In addition, Ascot completed a follow-up geophysical survey on some very exciting exploration targets that we will be drilling as soon as possible. Ascot has also progressed a significant amount of engineering and environmental studies as we continue to advance our Mines Act Permit Amendment application at Premier and engineering studies both at Red Mountain and Premier. This is a very busy and exciting year for Ascot and I look forward to more promising results as we continue to progress the development and exploration of this part of the Golden Triangle.” | |
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