Ascot Resources Ltd is pleased to announce that confirmatory metallurgical test work on six new composites from the Premier/Northern Lights, Big Missouri and Silver Coin deposits produced outstanding gold recoveries over a range of grind sizes utilizing a gravity and leach process. Derek White, President and CEO of Ascot Resources commented [...]
Ascot Resources Ltd is pleased to announce that it has completed a 13,500-metre induced polarization survey consisting of eight profiles. The survey identified multiple high priority chargeability anomalies. Derek White, President and CEO of Ascot Resources commented, “We are extremely pleased with the results of the IP survey. The [...]
Ascot Resources Ltd is pleased to announce that diamond drilling at the Unicorn area near the Big Missouri ridge has intercepted high-grade gold mineralization. The 2018 drill program is now complete and results are being integrated into a resource update for the entire property including Premier/Northern Lights and all parts of the Big Missouri [...]
Ascot Resources Ltd. is pleased to announce that the Company has completed the previously announced purchase of the Silver Coin property located immediately adjacent to Ascot’s Big Missouri project in northwestern British Columbia held by Jayden Resources Inc. and Mountain Boy Minerals Ltd. . Image of the Big Missouri ridge, including Silver [...]
Ascot Resources Ltd. is pleased to announce that the sale to Ascot of all of the issued and outstanding common shares of Jayden Resources Inc.’s wholly-owned subsidiary, Jayden Resources Inc. which holds an 80% interest in the Silver Coin property, passed via a special resolution by an overwhelming 99.48% today at the Special Meeting of [...]
Ascot Resources Ltd. is pleased to announce that the Company has completed the previously announced purchase of the Premier Property held by Boliden Limited located in Stewart, BC. Derek C. White, President and CEO of Ascot Resources Ltd., commented, “We are pleased to have successfully closed this transaction and look forward to the [...]
Ascot Resources Ltd. is pleased to announce that drilling at the North Star prospect has intercepted high-grade gold mineralization with individual intervals greater than 10g/t gold in every drill hole that was completed. Additional high-grade intercepts were added in the Big Missouri zone. Ten holes were completed at the Martha Ellen prospect [...]
Ascot Resources Ltd is pleased to announce that further to its press release dated September 7, 2018, it has closed the non-brokered private placement of 3,000,000 flow-through common shares at a price of C$1.00 per FT Share for gross proceeds of C$3,000,000 . In connection with the Offering, the Company paid finder’s fees in cash in the [...]
Ascot Resources Ltd is pleased to announce that drilling to the west of the 602 and 609 zones at Premier has extended mineralization 150 metres from the resource area . Drilling at Big Missouri continues to add high-grade gold intercepts. Highlights of this release include: 20.0m of 8.04g/t Au and 21.4g/t Ag in hole P18-1743 at the western [...]
Ascot Resources Ltd. is pleased to announce that, subject to regulatory approval, it will undertake a non-brokered private placement offering to a consortium of accredited investors of up to 3,000,000 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act ) at a price of C$1.00 per Flow-Through Share for gross [...]
Ascot Resources Ltd is pleased to announce that an induced polarisation test survey at Premier has successfully detected known mineralization. Derek White, President and CEO of Ascot Resources commented, “I was pleasantly surprised with the success of this test survey and how well it shows areas of known gold mineralization. The test survey [...]
Ascot Resources Ltd is pleased to announce that drilling at the Big Missouri ridge has continued to intercept high-grade gold mineralization at all three known horizons: the Province zone close to surface; the Big Missouri zone at a depth of 160-200m; and an unnamed zone 100m below the Big Missouri zone. In addition, gold mineralization has been [...]